Carollzinha Posted June 3, 2019 #1 Posted June 3, 2019 According to Forbes information, Dadiani Syndicate, a company specializing in institutional investments with Bitcoin and crypto-coins, would have been approached by a millionaire client with a huge appetite for Bitcoin. According to the report, the investor wanted to buy 25% of all the Bitcoins in circulation, something around 4.5 million BTC (according to surveys that take out the cryptos Satoshi Nakamoto and the known Bitcoins lost). Quote One of our clients approached us and said they were interested in acquiring 25% of all bitcoin currently available. There are a number of entities who want to dominate the market. In the current quotation and considering 1/4 of all BTC in circulation as something around 4.5 million Bitcoins, the investor would have to pay no less than US $ 38 billion according to the quotation at the moment of writing of this matter. Dadiani said that this type of "institutional" accumulation is not possible to "perceive" and is not being monitored by any market analysis tool. The founder does not reveal how many Bitcoins she has managed for her client, but said she "searched the markets to gain access to a maximum of 25% as possible." One of the biggest challenges, according to Dadiani, is how to buy large quantities of Bitcoin without affecting the market. "People who buy large quantities of Bitcoin want to avoid skidding. The only way to do this is to avoid exchanges", she said, noting that she has built a consortium of sellers around the world who have "colossal" quantities of Bitcoin or want to buy significant quantities. She is confident that they have all been properly checked against the money laundering regulations. Quote We don't deal with people who are not clients of reputable banks," said Dadiani. "We are market makers, coordinators of these trades. Once you involve banks and institutions, it's up to them to make sure their clients are abiding by regulations. Read at full: https://www.forbes.com/sites/billybambrough/2019/05/30/how-billionaires-are-buying-up-bitcoin/#15c9f8f3208c
williamshennie9 Posted June 3, 2019 #2 Posted June 3, 2019 I'm sure if this investor has the money, he or she will be able to purchase all the bitcoins that they want. If someone offers me bitcoins at a premium, I am incentivised to sell. They would probably have to pay a big premium to acquire such a big market share.
rdbase Posted June 4, 2019 #3 Posted June 4, 2019 This sounds kind of insane a centralized company wants to purchase all this bitcoin because this is not what bitcoin was built on and sounds they just want try and make it a corporate tool instead of what it was intended to do and that is to be a decentralized currency.
DreamStage Posted June 4, 2019 #4 Posted June 4, 2019 30 minutes ago, rdbase said: This sounds kind of insane a centralized company wants to purchase all this bitcoin because this is not what bitcoin was built on and sounds they just want try and make it a corporate tool instead of what it was intended to do and that is to be a decentralized currency. Nevertheless the process will still be restarted and repetitive as from when Bitcoin started. If they do tend to buy everything, everyone will probabily and most likely start buying at the total's bitcoin price market which will be around the US $ 38 billion mark. Eventually price will be fixing itself due to market's own adjustment and price will go back to normal in few days / months later after everyone gets a piece of them once again Still wondering what will they do if they do buy them all. Waiting to see if that happens, but i hope it does not =/
Kate Posted June 4, 2019 #5 Posted June 4, 2019 To do that he'd have to be much richer than bill gates and much smarter to know that that thing can't be done at all.
barbaris Posted June 5, 2019 #6 Posted June 5, 2019 Yes, they will have to try to buy so many bitcoins, and it is not known how the cryptocurrency market will respond to this.
sdsdfbsfsd Posted June 5, 2019 #7 Posted June 5, 2019 oh god if this actually go ahead im gonna scream from the rooftops lol, they are too greedy 25percent is way too much to achieve there goal:)
Etude Posted June 6, 2019 #8 Posted June 6, 2019 This would be an absolutely crazy investor to be able to buy up such a large marlet share of Bitcoins! Havinga single company/person to possess a 25% market share control of all Bitcoins would drastically affect the price movements in future too possibly.
BLXN Posted July 16, 2019 #9 Posted July 16, 2019 whoa.. that's not even that much in comparison to some of the large buyouts in history -- even WhatsApp cost Facebook something like 19-21 billion USD. The market is going to move toward consolidation that is for certain -- I didn't expect such a brazen offer. -- again there have been interesting offers by investment groups before - ref corp. x offering to buy out britain's debt a few years ago -> there is a lot of hidden wealth in the world that would love to see a more public avenue.
rajamishra Posted July 16, 2019 #10 Posted July 16, 2019 hello friends its obviously everyone try to dominant market to create a domain to control all crypto market due to bitcoin has the mother of all coins. not only the one company or investor in the race of create their own domain ,most of company try to rushed enter into this crypto world and try to show their stance in this world.this is time to rising of btc to moon.we are all waiting for that moments.hope its now came so quickly for a long time we are waited,keep collected and filled your empty wallet for a huge return within short period.
nattekut Posted July 18, 2019 #11 Posted July 18, 2019 I think this would nearly be impossible. since the market crash there still are many investors waiting for their losses to be recovered. So I do not think there are so many people willing to sell. Also big whales would not be keen on selling off and knowing 1 person owes 25% of the biggest currency in the world. this person would be able to manipulate the market as he wants. and I don't think existing whales would not like they loose control over the market to 1 person
BLXN Posted July 18, 2019 #12 Posted July 18, 2019 10 hours ago, nattekut said: I think this would nearly be impossible. since the market crash there still are many investors waiting for their losses to be recovered. So I do not think there are so many people willing to sell. Also big whales would not be keen on selling off and knowing 1 person owes 25% of the biggest currency in the world. this person would be able to manipulate the market as he wants. and I don't think existing whales would not like they loose control over the market to 1 person People would have balked at the idea of one network owning 99% of the world's money reserve a hundred years ago.. its inevitable, imo
cryptonesiac Posted July 18, 2019 #13 Posted July 18, 2019 They may do so and I'll enjoy the bitcoin price rise to beyond the moon Then maybe offload to another crypto that has not become corporate...
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