Serious question

[Anonymous No.12305463]

Why the fuck WOULDN'T one or multiple entities essentially corner the BTC market, all but ensuring it pumps to fucking unprecedented moon levels?

There are currently about 17 million circulating BTC. In reality many of these will never be sold because they are lost, and others probably wouldn't be sold except for absurdly high prices. This means there are lots of institutions which could unironically buy up all the fucking BTC being sold and almost guarantee their investment is massively profitable.

I get it, it would be complicated to set all this up, and it would take awhile to do because of the slippage, and the case I've outlined is extreme. But the general idea makes perfect sense and I don't see people talking about it much.

I'm sure there's still some legal risk depending on how they'd do it, but bitcoin is largely unregulated so I really don't see why there would be fundamental problems with this idea on that front.

And here's the real beauty of the idea. Unlike most other assets, bitcoin actually appears to be a Veblen good. Demand actually goes up as price goes up. With nearly any other asset, this strategy would have so much risk because there wouldn't be enough buyers at higher prices. But with BTC, it seems almost inevitable that another massive pump would spark enough mania to bring huge buy side liquidity.

There are lots of institutions with hundreds of billions or even trillions of dollars. Tell me why the fuck some of them wouldn't consider trying something like this, even if on a lesser scale? That's all it would take, and it really would only require one or two to get the ball rolling.

[Anonymous No.12305477]

>>12305463
Soon

[Anonymous No.12305487]

>>12305463
Now you’re thinking. On the right track anon. Remember how you will only need one Bitcoin? Don’t forget to make sure you hold those private keys. Soon.

[Anonymous No.12305488]

>>12305463
Why the fuck would any of them want to buy something that is down over 80%?

[Anonymous No.12305495]

>>12305488
Did you even read the post?

[Anonymous No.12305520]

>>12305495
Yes you brainlet and it makes no ducking sense for any institution to want to buy something that crashed over 80%

[Anonymous No.12305527]

Bitcoin has no future. it's fucking hilarious to think companies would buy up this worthless shit

[Anonymous No.12305546]

>>12305463
do it yourself.
there are hundreds of low mcap shitcoins with a paper thin sell wall on the market.
of course that doesnt work, but neither does cornering the btc market.

[Anonymous No.12305559]

Yes goyim instiutions will buy all the bitcoins in the world and be left with empty bags filled with air with no one to sell it too. Idiot

[Anonymous No.12305566]

>>12305463
they probably do.

otc buying in mass, pay exchanges to throttle new signups

selling on open market in mass

price drops

accumulate

open flood gates on exchanges
put mad buy orders on open market
create bullrun
sell whenever you want
make mad gains
repeat

[Anonymous No.12305578]

>>12305463
Ask Novogratz how this plan is panning out these days.

[Anonymous No.12305586]

>>12305546
Because there is a huge difference between those coins and BTC. None of those coins have nearly the awareness, interest, demand, or exchange integration of BTC. There is big sideline money which would buy in if they believed another BTC bull run was starting. You can’t say the same for shitcoin X.

[Anonymous No.12305629]

>>12305520
Why not? Better to buy low than high fag.

[Anonymous No.12305653]

>>12305463
Yes, but they'll accumulate at $100. Not $3000.

In the meantime enjoy your losses cryptofags.

[Anonymous No.12305673]

>>12305527
The whole point of this is that they wouldn’t really need to care about the actual utility of BTC. All that would matter is if they think they could provide the initial push to spark another bull run. Let’s say they started accumulating BTC here and propped up the price all the way to $10k. You don’t think another run would start if they simply refused to let the price drop below $10k? And as price grows more and more, the mania and interest increases. It’s a self-fulfilling cycle.

[Anonymous No.12305679]

>>12305673

What company would want to take that type of risk?

[Anonymous No.12305698]

>>12305653
>Coping this hard
No, you missed the $100, $200 even the $1000. It will never ever ever ever go that low again. Cat is out of the bag, if price goes to $100 or something with three figures, it's as bad as going to two digits or even single. No normie will ever come near it. They don't care if they buy at $3000 or $5000 as long as they can see guaranteed profit of %1000. Right now, btc can do that, if they can produce a bull market and slowly dump on normies over the next 1~2 years.

[Anonymous No.12305727]

in short, the market wouldnt allow this. If lets say someone (or company) with extened wealth resources decided to do this, the could buy up a huge percent of BTC, yet, before they gain maximum control the market would see this buying trend and this would cause prices to rise, therefore towards the end of the buyout the person (or company) would be shelling out hundreds of thousands for a single BTC, when the prices get to high for the public to obtain, BTC would fall dramatically rendering it almost worthless, it would become a fallen angel and trade for pennies. what I would say would be a better use of those exponential wealth resources is to mine for BTC and build up a "vault" and while simultaneously buying to raise the price and slowly sell the mined BTC, just my opinion

[Anonymous No.12305734]

>>12305698
wew lad

[Anonymous No.12305791]

>>12305679
It’s an extreme example to emphasize a point. It’s hard to figure out the exact numbers for a variety of reasons, but I think a large player could almost singlehandedly start a bull run by devoting $50 billion or less. That’s a lot of money but it’s less than 5% of some institutions’ portfolios. Also the same type of strategy can be employed on a much smaller scale with less effectiveness but also less risk. Either way, the upside would be huge if they believed this would work to eventually bring price over $20k. From there it could skyrocket again.

[Anonymous No.12305796]

>>12305463
At least 4 million coins are lost.

[Anonymous No.12305807]

>>12305463
What if I told you that this exact process is happening in every market at all times

[Anonymous No.12305830]

>>12305559
>Yes goyim instiutions will buy all the bitcoins in the world and be left with empty bags filled with air with no one to sell it too. Idiot
4D chess steiner?

[Anonymous No.12305872]

This actually happened in the last bubble genius

[Anonymous No.12306265]

>>12305566
Buy from whom? OTC markets are SHALLOW as fuck