I wish to know by an instance how value of bitcoin modifications


Allow us to assume a hypothetical situation for the sake of simplicity :

  1. Present value of bitcoin is $100
  2. Complete bitcoin in provide are 1,000,000
  3. Complete no. of bitcoin as 2,000,000
  4. No restrict orders on buying and selling i.e. no bid and ask whereas buying and selling.
  5. Easy market charge orders are allowed.
    Now, I wish to know if me and several other different individuals buy bitcoins for $100 and after our buy order is up. There are individuals who conform to promote their bitcoin on market value. How the worth of bitcoin will change. If we contemplate that transaction price is $1 and miners will get 1BTC for mining the block. And if there may be another information which I’ve missed please assume it by your self.

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