{2018-01-18} Winklevoss twins become ex-billionaires

Qartersa

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Quote from: Kemarit on January 20, 2018, 01:09:46 AM

Another non-sense article. The twin have so much money that they don't care if bitcoin goes to a market crash. They are bag holders on if and I doubt that they will dump it soon. LOL. They pitch that they become billionaires when bitcoin peaks at $19,000 then suddenly brush it off when it goes down. Do they really look at everyone's wallet and see who becomes millionaire or billionaire? I'm waiting for another articles saying that they become billionaires again when bitcoin surpasses $20,000 this year. LOL. And not only the twins have been affected by all of this bloodbath in the last couple of days, but all investors. Oh well, everyone is riding the popularity of bitcoin, every clicks, every read they got is money for those social media outlet now.

Definitely! These people have always wanted to influence the market hence they keep writing about the affluent's downfall due to Bitcoin and other cryptocurrencies alike so as to make their way to Bitcoin stealthily with whatever little money they have. Surely they just want to join in the bandwagon, just that they have insufficient means at the moment. Well, to be quite accurate as we speak of others, it might be they have the means to but they are not willing to spend so much bucks in it because they are still in the process of testing waters. Whatever the reasons of these people are, know that they have their own agenda and I hope we do not fall into their own made up or concocted stories for their own benefit. Let us all be wise about what we are reading about.

stompix

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Blackjack.fun

Quote from: Kprawn on January 18, 2018, 10:32:25 AM

How can these people know how much money the Winklevoss twins have, besides their investments in Bitcoin. Do they even
know how much bitcoins these guys has bought? You cannot lose money, if you did not sell those bitcoins and besides.. the
price has gone up, since this clickbait article was published. Roll Eyes

Check the front page of the newspaper:

Quote

Obama's secret picture that could have cost him the presidency
Do you recognise the handwriting in this racist hate mail about mixed-race boy?
Nutella riots after supermarket slashes price by 70 per cent
Terror hits Spalding after cabbage cracks BMW windscreen

That's not a newspaper...that's a garbage bin.

As for the real number of coins they have, there is only one real source:

https://dealbook.nytimes.com/2013/04/11/as-big-investors-emerge-bitcoin-gets-ready-for-its-close-up/

Quote

The Winklevii, as they are known, have amassed since last summer what appears to be one of the single largest portfolios of the digital money, whose wild gyrations have Silicon Valley and Wall Street talking. The twins, the first prominent figures in the largely anonymous bitcoin world to publicly disclose a big stake, say they own nearly $11 million worth.

Quote

Or at least $11 million as of Thursday morning — when trading was temporarily suspended after the latest and largest flash crash left a single bitcoin worth about $120 and the whole market worth $1.3 billion. At one point, the price had plummeted 60 percent.

So, based on their own numbers they do have around 100k coins.

veleten

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Quote from: AK47- on January 23, 2018, 02:26:28 AM

Only for awhile tho. Sooner or later more countires will adopt BTC increasing its price. And solutions to work for transaction time, block size and transaction fees are in works. Lightening network nodes testing is going well so far, segwit adoption getting traction as well. Once they work out, and BTC mining reduces to 6.25 next year. BTC will see a sure shot hike of 50% in price.

the block reward decrease is not the main reason for an alleged (and expected) price rise
to me it is pretty obvious that the negative news surrounding bitcoin and crypta in general
are too well timed to be a coincedence,the price had to be driven down after the crazy 20.000$ mark has been reached
and it is down now,dancing around 11.000$
segwit adoption is another fairy tale,only 12% of transactions are Segwit at the moment,it may take another 2-3 years to adopt fully if ever
Lightning network same,so if the price is going up it is not due to the tweaks in the code,but due to supply/demand or
the market being played by the powers we don't see,same as with the oil,gold prices etc.
these are too important to let some "free market" to decide
again it is just my IMHO and the reality could be much simpler and less interesting

AK47-

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Only for awhile tho. Sooner or later more countires will adopt BTC increasing its price. And solutions to work for transaction time, block size and transaction fees are in works. Lightening network nodes testing is going well so far, segwit adoption getting traction as well. Once they work out, and BTC mining reduces to 6.25 next year. BTC will see a sure shot hike of 50% in price.

Beclecam

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Quote from: MARCUS0000 on January 19, 2018, 03:46:31 AM

I have some btc , i was very happy when the price was $20.000 but now price is very low , noone is happy.

bitcoin will cost more than $ 2000

Lmaooo

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santacoin.io

Quote from: Kprawn on January 18, 2018, 10:32:25 AM

How can these people know how much money the Winklevoss twins have, besides their investments in Bitcoin. Do they even

know how much bitcoins these guys has bought? You cannot lose money, if you did not sell those bitcoins and besides.. the

price has gone up, since this clickbait article was published. Roll Eyes

At least Winklevoss Twins are Ex-billionaires. They even taste the breath of being Billionaires. what about the journalist who wrote this bullshit article? He might be struggling with life. By the way, it seems like Winklevoss Twins are back to being a billionaires.

veleten

legendary

Activity: 2016

Merit: 1107

they don't care,if the columnist foolowed the topic he was writing about
he would have known that Winklewoss brothers had stated bublicly,not once too
they would never sell bitcoins even if they hit 380.000$ + :

https://www.coinspeaker.com/2017/12/27/im-not-sure-wed-even-sell-bitcoins-380950-says-tyler-winklevoss/

so when you are planning long term,you should not care for the short term volatility
and yeah they are smart enouth to become billionaires,think they are smart enough to not sell at 12.000 Grin

Aikidoka

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Sinbad Mixer: Mix Your BTC Quickly

Well, that is the job of journalists. They always stick their nose with something that does not concern them. They always give false information and use their manipulative tricks in order to manipulate people. That is why people should be aware of the manipulation of the media.

As the other users mentioned, the bitcoin will go up again in a matter of short time. That is what I believe in. And actually, it is going up as I am typing. So, no one is going to lose their fortune.

BrusLi3

newbie

Activity: 4

Merit: 0

Many did not just them.
I was stupid selling my @2k and 4k.
Sold all at that 2 prices and now I'm in kinda depression.

Kemarit

legendary

Activity: 3080

Merit: 1353

Another non-sense article. The twin have so much money that they don't care if bitcoin goes to a market crash. They are bag holders on if and I doubt that they will dump it soon. LOL. They pitch that they become billionaires when bitcoin peaks at $19,000 then suddenly brush it off when it goes down. Do they really look at everyone's wallet and see who becomes millionaire or billionaire? I'm waiting for another articles saying that they become billionaires again when bitcoin surpasses $20,000 this year. LOL. And not only the twins have been affected by all of this bloodbath in the last couple of days, but all investors. Oh well, everyone is riding the popularity of bitcoin, every clicks, every read they got is money for those social media outlet now.

Kprawn

legendary

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Quote from: saiha on January 18, 2018, 12:14:25 PM

Quote from: Kprawn on January 18, 2018, 10:32:25 AM

How can these people know how much money the Winklevoss twins have, besides their investments in Bitcoin.

They might know the bitcoin wallet address of the twins and as far as I know it has been exposed that they are known for having 120,000BTC.

Winklevoss twins are already billionaires and they will just keep those bitcoins for years just like a gold reserve so "ex-billionaires" stands for nothing.

You know that you can have several different wallets right? You do not have to use the same wallet for everything. Even if

someone figured out what their Bitcoin wallets were, then they could still use that for show.. I would use Bitmixers to hide

my wallets linked to my main wallets. They also own an exchange {Gemini} where they can hide dummy accounts, but I

doubt that they would be doing that, with all the KYC/AML regulations. Tongue

MARCUS0000

newbie

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I have some btc , i was very happy when the price was $20.000 but now price is very low , noone is happy.

vit05

hero member

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I do not think they are the only ones. There is more people that maybe could have more then 1bi. But prefer to stay more quiet about.
And this twins owned Gemini too. So they could have made another Billion dollars. The worst part is that people that have make some scams, in the beginning, could be Billionare too. There was tons of Ponzi schemes when Bitcoin was worth less them 1k

1BTC EQUALS 1CAR

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I'm sure that these twin know that it's not very important. They are not ex- billionaires because they aren't even selling their btc on the first place so it's appropriate to say that they just have an estimate of billions worth of btc and not billionaires.

richardsNY

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These are typically the articles we see when there is nothing else to write about. If the price keeps dropping for a long enough period of time, then even Satoshi will be an ex billionaire.... Why don't these people pay attention to Mark Karpeles's hidden (ahum, stolen) stash, or Jihan and Roger. The Winklevoss twins have done an excellent job in pushing Bitcoin further by allowing institutions to enter this market, and now they are subject to this nonsense? Another thing, where are the mainstream media articles stating that the price has gone up again? It's rather quiet now, and that while they couldn't wait with reporting on crypto bubble popping story after the other yesterday.

J. Cooper

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Alea iacta est

What kind of title is this? They're only potential ex-billionaires at the current price if they were to sell. Hopefully for them they're bright enough to know panic selling is not an option and they keep their position open until prices start tot recover and we potential enter a new bull run.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: Hodlmachine on January 18, 2018, 10:56:45 AM

The twins don't need cash...they will hodl 99.99%

I know I would

They are living in mansions and have millions in different properties, even if BTC went to 0 they'd still be richer than any of us here will ever be.
Anyway, they said they aren't planning on selling. They're one of those people who believe we might go to $50k and I respect that. When you already have a private yacht, a number of residences, a couple nice cars, all you're looking for is recognition, fame, something you'll be remembered by.

Theb

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I don't think that the article is right because from what I know they became billionaires with Bitcoin when it was priced around 10,000$ which means that they have just got back where they started being billionaires (assuming that they didn't sold anything in the process) also obviously their investment got beyond 1 billion when is surge to 20,000$.

saiha

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Strength in Numbers

Quote from: Kprawn on January 18, 2018, 10:32:25 AM

How can these people know how much money the Winklevoss twins have, besides their investments in Bitcoin.

They might know the bitcoin wallet address of the twins and as far as I know it has been exposed that they are known for having 120,000BTC.

Winklevoss twins are already billionaires and they will just keep those bitcoins for years just like a gold reserve so "ex-billionaires" stands for nothing.

Slow death

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Leading Crypto Sports Betting & Casino Platform

Quote from: Kprawn on January 18, 2018, 10:32:25 AM

How can these people know how much money the Winklevoss twins have...

hahahahaha

journalists are curious people, they even know if you've done some tattooing on your ass even if you've never been on the beach, swimming in the pool or bathing outside your home. Are they good detectives!

Quote from: Hodlmachine on January 18, 2018, 10:56:45 AM

The twins don't need cash...they will hodl 99.99%

I've heard somewhere that they're going to hold bitcoins of them for many years

this is another article created to spread fear in the new investors. Is very exaggerated to look at the price and say that the person X is not billionaire because the price has fallen, the price up and down, not as the price would rise forever

Topic: {2018-01-18} Winklevoss twins become ex-billionaires (Read 290 times)