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RE: Bitcoin News Roundup for May 11, 2017

in #bitcoin7 years ago

@penguinpablo , in theory yes, but as soon as they tried to buy a large volume of it, it would immediately spike up the price of that available Bitcoin, but it would become incrementally harder and harder as they bought more driving the price higher and higher.... anyways, nice post.
full steem ahead!

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Yes, absolutely true!
It's only theoretical. A (large) number of Bitcoins will never become available for sale so it's impossible to buy all Bitcoins in circulation. Even if you have an enormous cash pile of $256.8 billion as Apple has :)

Although it would be nice if they tried @penguinpablo ! hehehe