First of all , please specify the correct link as the provided link is not responding . The news can be stated as a hoax in that case if a relevant proof is not adjacent to it .
Secondly , if the news is true : I am always amused by such happenings . They are more of an amusement than that of frustration . They are literally the same people who were calling out against bitcoin and other crypto currencies and suddenly they become one of us i.e the people who invests , trades and work for such currencies . I don't understand why they tend to be so reluctant in the beginning if they have to invest in it at the end.
Topic: [09-04-2014] Billionaire George Soros Suddenly Investing In cryptocurrency (Read 129 times)
April 09, 2018, 12:15:08 PM
April 09, 2018, 11:41:56 AM
Billionaire George Soros Suddenly Investing In cryptocurrency After Calling Bitcoin a Bubble
Now George Soros is preparing to get involved in cryptocurrency trading just a few months after he said that Bitcoin had a bubble in its price that crashed into a bloodbath.
The rally followed the reports of Wall Street giants, an investment fund funded by billionaire George Soros and Venrock, a venture capital company founded by the descendants of the old billionaire John D. Rockefeller, was ready to go into business of cryptocurrencies.
Since its declaration, the price has dropped 41% from a peak of $ 20,000 last year to just over $ 7,000 today. After the carnage, the $ 26 billion speculative fund plans to trade cryptocurrencies.
The volatility associated with Bitcoin has been well documented in the past. It seems that the year 2018 brings us more of the same thing. In the first few months, we have a lot of pressure on the Bitcoin price. George Soros is one of the biggest disadvantages of Bitcoin. Even so, it is possible his comments are designed to purposefully drive the price down altogether.
Read More: https://bitzamp.com/billionaire-george-soros-suddenly-investing-in-cryptocurrency-after-calling-bitcoin-a-bubble/][url]https://bitzamp.com/billionaire-george-soros-suddenly-investing-in-cryptocurrency-after-calling-bitcoin-a-bubble/[/url]
Now George Soros is preparing to get involved in cryptocurrency trading just a few months after he said that Bitcoin had a bubble in its price that crashed into a bloodbath.
The rally followed the reports of Wall Street giants, an investment fund funded by billionaire George Soros and Venrock, a venture capital company founded by the descendants of the old billionaire John D. Rockefeller, was ready to go into business of cryptocurrencies.
Since its declaration, the price has dropped 41% from a peak of $ 20,000 last year to just over $ 7,000 today. After the carnage, the $ 26 billion speculative fund plans to trade cryptocurrencies.
The volatility associated with Bitcoin has been well documented in the past. It seems that the year 2018 brings us more of the same thing. In the first few months, we have a lot of pressure on the Bitcoin price. George Soros is one of the biggest disadvantages of Bitcoin. Even so, it is possible his comments are designed to purposefully drive the price down altogether.
Read More: https://bitzamp.com/billionaire-george-soros-suddenly-investing-in-cryptocurrency-after-calling-bitcoin-a-bubble/][url]https://bitzamp.com/billionaire-george-soros-suddenly-investing-in-cryptocurrency-after-calling-bitcoin-a-bubble/[/url]
Jump to: