> someone could buy all BTC and drive its exchange rate (and thus its value)... | Hacker News

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drcode on April 3, 2013 | parent | context | favorite | on: The Bitcoin Bubble and the Future of Currency

> someone could buy all BTC and drive its exchange rate (and thus its value) down

If someone buys it like crazy, why would the price go down?

> Someone could also print more USD...

The use of the word "also" here is wrong since btcs can't be "printed" by "someone" like the dollar.

the_mitsuhiko on April 3, 2013 [–]

> If someone buys it like crazy, why would the price go down?

If someone has all the bitcoin in the world, why would anyone want some?

drcode on April 3, 2013 | [–]

You couldn't... All the money in the world wouldn't be enough to accomplish this.

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