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28931562 No.28931562 [Reply] [Original]

>> No.28931988

Newfag here (using crypto exchange for about 6 months, total assets less than $10,000 in crypto).

What will happen if and when exchanges can no longer supply BTC?

>> No.28932100

>>28931988
price skyrockets.

>> No.28932269

When will I be able to lend my BTC to Kraken?

>> No.28932287

>>28931988
supply shock and moon baby

>> No.28932392

>>28932100
>>28932287
well, that's an exciting thought.

Again, this is the newfag in me talking, wouldn't a lack of supply be a brick wall?
If I had 8 apples and I'd already given them all out, the price of the 9th apple wouldn't be relevant because there are only 8 apples.
So that's were the price of those 8 apples would jump. I get that much.
But what if people don't want to sell their 8 apples? Would that result in a brick wall, or would the price just rise until the offer becomes too tempting for the 8 apple holders?

>> No.28932435

>>28931562
How much they have left?

>> No.28932436

It either moons or tanks, depends on sentiment and the games the exchanges want to play. If people think "Oh fuck, the exchange is gonna fuck me over since they cant supply me the coin, Im gonna market sell the fuck out of this! (then they either sell into fiat or some other coin)"

OR, the exchanges are "forced" to cover their position and find any place they can buy legitimate crypto, even if it means they buy it at a higher price to cover their position.

I think this is how it goes but i might be retarded

>> No.28932489

>>28932392
>the price of the 9th apple
Is what it costs to make someone holding one of the 8 soles sell it to them. The seller controls the price.

>> No.28932492

>>28932392
the tug of war between buyers and sellers you describe is essentially what drives prices in all existing markets. The answer is that the "price" rises until someone is willing to sell. In practice, this is buyers paying the Ask price and sellers paying the Bid price. Each represents urgency and the relative intensity of that urgency is what drives prices up or down.

>> No.28932497

>>28932392
>I want an apple so bad I don't care how much is it

> I have an apple that will be 150k

>> No.28932543

>>28932489
>>28932492
>>28932497
thank you for your responses, this makes sense to me now

>> No.28932579

>>28931562
I've been thinking about it and what happens when this actually happens? serious answers only

>> No.28932599

>>28932436
BTC Moon into Alt Season. I am in full support of this.

>> No.28932683

>>28932543

Also, exchanges have reserves of BTC that should match or exceed the holdings of their customers; this may also be done by a computer program that buys and sells on behalf of the exchange (either at an upstream clearinghouse or on-chain) to keep their actual position consistent with their aggregate client position.

>> No.28932694

>>28932579
BTC skyrockets. Then it’s alt season.

>> No.28932705

>>28932436
>>28932392
both kinda retarded. Yes the apple would go up in price because the rich guy wants to eat and he will pay to see the poor man does t.

Why is gold so valuable and rise in price? its.not an apple some fag can just go pick off a tree..it has to be MINED...get it? just like the gold rush of the old days sent everyone and their mom looking for gold the supply was smaller and the price shot up so people went looking for more and more...thing is, we know that BTC is finite, and it gets harder and HARDER to MINE. Think brainlet. Its gonna be an auction house on a hot item 51!...i got 53 fuck him! oh yeah? 58!

>> No.28932717

>>28932579
nvm im retarded and didn't read the comments in the thread before asking

>> No.28932961

>>28931562
short squeeeeeeeze or SUTER up

>> No.28933038
File: 9 KB, 225x225, 7611A616-FC75-4FD9-AE36-5A9AB46A22DF.png [View same] [iqdb] [saucenao] [google]
28933038

Has this ever happened before?

>> No.28933092

>>28933038
After halvings yes, go google the last halving then come back and report

>> No.28933129

>>28933092
Essentially moons after every halving?

>> No.28933257

WHO EVEN BUYS THIS SHIT AT 51???

CLOWN WORLD

>> No.28933350

>>28933129
speaking from the pasy, yes, it moons very hard, has a decent correction and a bear market for a year plus, mining becomes easier, more btc is ready to buy and a bull market takes off again. BTC could hit 100k this year, correct then in a few years hit 300k+

>> No.28933391

>>28933257
People were saying that in caps when it was $50

Here we are at $50,000 now

You’ll be saying it at $500,000 aswell and $5,000,000

>> No.28933540

>>28933257
When people buy crypto they don't think it terms of the crypto itself but in whatever fiat currency they normally use. Like United States Dollars. People aren't buying a whole bitcoin they are buying $100 or whatever worth of BTC at the market price.

>> No.28933958

Imagine discussing all these supplies and demands and still refuses to invest into RLC. You are literally buying 1/4 BTC at 1.8 USD.
>tfw I typed this when RLC is 1.2 USD.

>> No.28934375

>>28932392
Everyone has a sell price

>> No.28934540

>>28933257
You don’t get champ?
I keep buying from 900$
I never stopped

>> No.28934561

>>28932269
you're already doing it, for free.

>> No.28934591

>>28934375
Why would I convert BTC into poo?
It doesn’t matter how much poo you offer me
USD is poo

>> No.28934642

>>28934591
You can spend that poo anywhere in America

>> No.28934672

>>28931988
Everyone will have to buy alts.

>> No.28934759

>>28934642
Just because plebs think it’s worth something it doesn’t change the fact that it’s a smelly and worthless kike central banking scam

>> No.28934863

If exchanges run out of bitcoin, will they still let me withdraw from my exchange wallet?

>> No.28934949

>>28931562
>exchange running out of any coin

Its an EXCHANGE

people bring their coin to be traded for another coin (exchange takes a %), why would they need to hold more BTC than they need?