- Volume on online exchanges is way too low: getting 2 million bitcoins is near to impossible
- Therefore the price of one bitcoin needs and will rise, so less bitcoins are needed. But this only happens because of the one time instant demand, and likely pops afterwards. Not really a safe storage of value, when 50% of your Francs are happily converted from bitcoin again in fiat by all the current bitcoin holders.
These two contradict each other. If he can't go ahead and buy 2 million bitcoins at the blink of an eye (which he can't) then he's going to have to do it over a period of time, in which case his continued buying will continue to support the price.
He won't be the only one of his type buying either.
This will drive the price to much higher levels and keep it there for a very, very long time, once it happens.
- Think it would maybe be interesting to get a deal with a large mining pool?
- Better ideas?
He can set up his own farm. If he mines and holds, fewer bitcoins go onto the market from other miners, and the price goes up.