Quote from: Idrisu on June 09, 2017, 03:33:20 PM

Quote from: Chloroplaste on June 09, 2017, 12:39:18 PM

What if a multi-billionaire organisation were to buy a large amount of bitcoin (for example 30%) only to destroy the private key associated to the wallet and brag about it all over the internet ?

First, would it be possible to prove the loss of the private key ? no
Second, How the market would react ?

If that will happen I expect the price to double or even bitcoin became known all over the world. 30% of bitcoin values is not much for only him or her to control the price or destroy the private keys of others wallet. I wish such things happen.

Forget about others, If you have that much money then will you do the same thing?? Will you even think about doing something like that with your hard earned money?? or are you thinking of investing it in BTC and other altcoins??