Topic: [2019-12-14] Billionaires Buying Bitcoin: Bill Pulte Announces 11 BTC Purchase (Read 371 times)
February 27, 2020, 02:55:11 AM
Interestingly, what used to prevent him from doing this?
January 27, 2020, 03:04:19 PM
Do we care about this billionaire and his future endeavors?
I don't think so. Also, he does not use Bitcoin in order to help the poor people I would guess, this guy is unfortunately searching for the attention. Actually, every capitalist has a goal for every investment in crypto but it will certainly never help Bitcoin's communty in my opinion. Don't trust these type of investors, they just want to exploit the traders.
I don't think so. Also, he does not use Bitcoin in order to help the poor people I would guess, this guy is unfortunately searching for the attention. Actually, every capitalist has a goal for every investment in crypto but it will certainly never help Bitcoin's communty in my opinion. Don't trust these type of investors, they just want to exploit the traders.
January 26, 2020, 11:45:04 AM
Billionaire Bill Pulte is joining the crypto community. He wants to use Bitcoin to help the poor.
https://bitcoinist.com/billionaires-buying-bitcoin-bill-pulte-announces-11-btc-purchase/
https://bitcoinist.com/billionaires-buying-bitcoin-bill-pulte-announces-11-btc-purchase/
i think the real impact is reaction his follower , he have 1.8M Followers and im sure the people who can read more thant that's he activism too its good image to bitocoin.
look at this reply
Quote
I want to understand more about bitcoin I really dont know much about them maybe you can do a live sometime & tell us about them you are so smart bitcoins & cryptocurrency I really dont understand about but I'm sure it's a great thing going forward this day & age ❤Investments?
so we can see now more pople interesting and want to know more about bitcoin , its a great effect for bitcoin it self January 26, 2020, 10:07:22 AM
Billionaire Bill Pulte is joining the crypto community. He wants to use Bitcoin to help the poor.
https://bitcoinist.com/billionaires-buying-bitcoin-bill-pulte-announces-11-btc-purchase/
https://bitcoinist.com/billionaires-buying-bitcoin-bill-pulte-announces-11-btc-purchase/
Isn't it too much for a billionaire? He can go bankrupt because of that huge 11 bitcoins. omg and he bravely announced this huge help in all over the world. God bless him.
January 02, 2020, 06:12:32 PM
i think poor people need something sustainable like a regular job, something
to get up in the morning for and to feel like they are contributing to society,
A permanent dwelling with basics like electricity, heating and running water.
I dont know how this Billionaire intends to help the poor in his community
with Bitcoin but he may not be prepared to use too much of his own
billions, instead he's hoping that Bitcoin will help him out....
Sorry but i feel skeptical about it
to get up in the morning for and to feel like they are contributing to society,
A permanent dwelling with basics like electricity, heating and running water.
I dont know how this Billionaire intends to help the poor in his community
with Bitcoin but he may not be prepared to use too much of his own
billions, instead he's hoping that Bitcoin will help him out....
Sorry but i feel skeptical about it
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December 27, 2019, 06:03:34 PM
He can help poor people more efficiently using fiat currency, if buying bitcoin to help poor is his intention only. Not all poor people have internet connection along with smartphones. These are essential to access bitcoin. I appreciate this gesture but my advise is to go with fiat to help poor instantly.
More people have access to internet than bank account so your statement is not valid. Even more effective way of helping the poor is by material things like food or medicine but in terms of financial help I think bitcoin is a good way of helping poor people.
December 27, 2019, 05:20:27 PM
It might not that big but his name is probably big w/ a "billionaire" attached to it and everything he does will be on medias. And purpose is purpose if he announced it to help the poor and send it to strangers as a gift, I'm happy that he's doing this.
It wouldn't shake the market or put it into bull run because of the amount that was mentioned and it's not that big. But looking at the positive side, I think it's a good publicity stunt for bitcoin and this is one of its use case.
It wouldn't shake the market or put it into bull run because of the amount that was mentioned and it's not that big. But looking at the positive side, I think it's a good publicity stunt for bitcoin and this is one of its use case.
December 27, 2019, 10:53:01 AM
He can help poor people more efficiently using fiat currency, if buying bitcoin to help poor is his intention only. Not all poor people have internet connection along with smartphones. These are essential to access bitcoin. I appreciate this gesture but my advise is to go with fiat to help poor instantly.
December 24, 2019, 11:56:27 AM
Maybe I typed his name wrong and that's why I found the wrong twitter account, clarify me, this is his twitter account:
https://twitter.com/pulte
right?
I looked at his twitter account, as I realized he give people money and then I saw this:
It seems that he also follows the crypto world. Is something good what is he doing
https://twitter.com/pulte
right?
I looked at his twitter account, as I realized he give people money and then I saw this:
It seems that he also follows the crypto world. Is something good what is he doing
December 22, 2019, 04:45:15 PM
don't hurt yourself , haha the whole 78.000$ spent
He plays it smart (read, safe), unlike many get rich quick noobies here who go all in. If it works out for him, it will give him a pretty ROI, if not, he will not be too sad. In general, high net worth individuals tend to put 1-2% of their liquid worth in speculative assets. 1% of $78,000 = $7.8 million.
The more money you have, the more careful you are with it because you know what it took you to get where you are, and you definitely know that you don't want to lose it. It's called smart money management.
There is an update though, he bought more coins on the dip; https://twitter.com/pulte/status/1207055948075982848
December 21, 2019, 12:07:33 PM
wow billionaire!
don't hurt yourself , haha the whole 78.000$ spent , this is definitely news worthy
well at least he is smarter than the rest ( or dumber , because he only bought that much )
I firmly believe that many of the trust funds are secretly dealing with the crypto stocks while playing it cool and pretending they don't know what bitcoin is
you simply cannot pass up on such an opportunity being a good market analyst , there is no other asset , or very few , that could give the sort of ROI bitcoin does
don't hurt yourself , haha the whole 78.000$ spent , this is definitely news worthy
well at least he is smarter than the rest ( or dumber , because he only bought that much )
I firmly believe that many of the trust funds are secretly dealing with the crypto stocks while playing it cool and pretending they don't know what bitcoin is
you simply cannot pass up on such an opportunity being a good market analyst , there is no other asset , or very few , that could give the sort of ROI bitcoin does
December 21, 2019, 10:43:41 AM
Much to really for me because I'm not bigger investors but if you can buy bitcoin with any amount that's perfect poor or high doesn't matter because money is money, so don't compare small or high in the crypto market.
December 17, 2019, 05:31:56 PM
Perhaps he bought way more than 11BTC. It's not smart to disclose on social media that you bought like 1000BTC. The IRS is watching. They love to claim a cut of your stack.
No fool would really disclose the real numbers to the public and i highly agree on the thing you've said that theres always someone watching and would really love to have some slice of the pie of yours.
11 BTC? For a billionaire it would really be just like on having a 1 night into this place Expensive Hotel.
December 17, 2019, 11:48:20 AM
and he is only bought 11 BTC, how is that going to help the poor?
when its billionaire that buys BTC its always in my thoughts that the guy wanna evade tax lol i hope i'm wrong. i'm sure this isn't his first time buying BTC. the billionaires in the planet are often discussing how much their stocks grew and all everyday with billionaire friends. he must have learned btc to few long time ago like draper.
when its billionaire that buys BTC its always in my thoughts that the guy wanna evade tax lol i hope i'm wrong. i'm sure this isn't his first time buying BTC. the billionaires in the planet are often discussing how much their stocks grew and all everyday with billionaire friends. he must have learned btc to few long time ago like draper.
You don't think 11 BTC isn't enough yet you are trying to connect the same 11 BTC as a means of tax evasion? Are you some kind of one dimensional person only thinking that billionaires have one motive and that's to avoid paying taxes and be greedy with their own money? Pulte already has a charitable organization under him before he has the intention of having BTC as means of donation so I won't be surprised that he just bought Bitcoin just a means of transferring the donation efficiently on countries in Africa. My advice for you is to don't judge someone for something bad if you really don't have any evidence against them.
maybe i'm a dimensional person indeed. yep i don't have evidence against them that was just something that comes in mind though. there are possibilities like you said i'm dimensional. or maybe he just said he bought 11 BTC while he actually about 100,011 BTC, its that possible too? well i have no evidence still but 100,000BTC is more than enough BTC to hide it from tax.
Clickbait article by the bitcoinist which makes an assumption that the billionaire was buying bitcoin to use for his philantrophic activites.
His tweet said he bought bitcoin. He was only begging for likes similar to any social media user who seeks attention.
His tweet said he bought bitcoin. He was only begging for likes similar to any social media user who seeks attention.
wants to be like john mcafee one day, they two should suck dicks.
December 17, 2019, 07:07:54 AM
His tweet said he bought bitcoin. He was only begging for likes similar to any social media user who seeks attention.
That doesn't really matter. It made Bitcoin have some free global exposure as news outlets picked up on that pretty quickly. It's kinda funny because if it was an altcoin he bought into the altcoin space would be happy, but as always Bitcoiners can't be motivated to appreciate anything. What are you doing for Bitcoin? I'm sure a whole lot of nothing.
People shouldn't be so stiff. It's positive exposure.... hundreds of thousands of people have seen that post, and probably millions in total if you include the coverage coming from the many news outlets.
December 16, 2019, 06:17:45 PM
It's not a huge amount for a billionaire. For him buying 11 BTC is like for me buying 1ETH as an investment, because maybe one day Vitalik gets a Nobel prize or something and the value of ETH skyrockets.
Him being a 'billionaire' doesn't mean he's extremely rich in liquid assets.
With how inflated the US stock market is today there are plenty of on-paper multi millionaires and billionaires, but what's that worth when you can't actually take out your paper net worth in full? The same applies to those who are multi millionaire based on the number of Bitcoins they hold. It's just a status. Not more not less.
Perhaps he bought way more than 11BTC. It's not smart to disclose on social media that you bought like 1000BTC. The IRS is watching. They love to claim a cut of your stack.
December 16, 2019, 12:27:05 PM
Clickbait article by the bitcoinist which makes an assumption that the billionaire was buying bitcoin to use for his philantrophic activites.
His tweet said he bought bitcoin. He was only begging for likes similar to any social media user who seeks attention.
You save me on clicking that link.If it just an assumption then its clear that theres no specific thing on what the motive on purchasing those coins.His tweet said he bought bitcoin. He was only begging for likes similar to any social media user who seeks attention.
If it do only announce or do tweet basically that he had bought some bitcoins then its just simply seeking out for attention but at least its still a considerable advertisement.
December 15, 2019, 07:57:33 PM
Clickbait article by the bitcoinist which makes an assumption that the billionaire was buying bitcoin to use for his philantrophic activites.
His tweet said he bought bitcoin. He was only begging for likes similar to any social media user who seeks attention.
His tweet said he bought bitcoin. He was only begging for likes similar to any social media user who seeks attention.
December 15, 2019, 04:13:40 PM
and he is only bought 11 BTC, how is that going to help the poor?
when its billionaire that buys BTC its always in my thoughts that the guy wanna evade tax lol i hope i'm wrong. i'm sure this isn't his first time buying BTC. the billionaires in the planet are often discussing how much their stocks grew and all everyday with billionaire friends. he must have learned btc to few long time ago like draper.
when its billionaire that buys BTC its always in my thoughts that the guy wanna evade tax lol i hope i'm wrong. i'm sure this isn't his first time buying BTC. the billionaires in the planet are often discussing how much their stocks grew and all everyday with billionaire friends. he must have learned btc to few long time ago like draper.
You don't think 11 BTC isn't enough yet you are trying to connect the same 11 BTC as a means of tax evasion? Are you some kind of one dimensional person only thinking that billionaires have one motive and that's to avoid paying taxes and be greedy with their own money? Pulte already has a charitable organization under him before he has the intention of having BTC as means of donation so I won't be surprised that he just bought Bitcoin just a means of transferring the donation efficiently on countries in Africa. My advice for you is to don't judge someone for something bad if you really don't have any evidence against them.
December 15, 2019, 03:37:02 PM
It's not a huge amount for a billionaire. For him buying 11 BTC is like for me buying 1ETH as an investment, because maybe one day Vitalik gets a Nobel prize or something and the value of ETH skyrockets.
Also the article is a total clickbait. 1 Billionaire buying a small amount of BTC has nothing to do with the plural form of this word, but article is using plural in purpose to make us think there are groups of them already flocking into the space.
Also the article is a total clickbait. 1 Billionaire buying a small amount of BTC has nothing to do with the plural form of this word, but article is using plural in purpose to make us think there are groups of them already flocking into the space.
December 15, 2019, 01:09:05 PM
and he is only bought 11 BTC, how is that going to help the poor?
when its billionaire that buys BTC its always in my thoughts that the guy wanna evade tax lol i hope i'm wrong. i'm sure this isn't his first time buying BTC. the billionaires in the planet are often discussing how much their stocks grew and all everyday with billionaire friends. he must have learned btc to few long time ago like draper.
when its billionaire that buys BTC its always in my thoughts that the guy wanna evade tax lol i hope i'm wrong. i'm sure this isn't his first time buying BTC. the billionaires in the planet are often discussing how much their stocks grew and all everyday with billionaire friends. he must have learned btc to few long time ago like draper.
December 15, 2019, 12:52:36 PM
He wants to use Bitcoin to help the poor? If he uses fiat to buy Bitcoin and then he donates the Bitcoin, the Bitcoin will still be converted into fiat.
Quote
“Cryptocurrency can help the world’s poorest…especially those who are “unbanked” … as a philanthropist, I, therefore, want to promote adoption. Leave a comment [on] why you need Bitcoin and I’ll pick one person to send some satoshis to … Yes, this is real.”
Do not forget that many of the poor and many people in the world do not have bank accounts or do business with banks.
Transferring cash to the African continent will be difficult, with regulatory restrictions and taxes.
I think that the dollar is good in this field, it can be donated to all parts of the world, or it could be a start to benefit from it for advertising gain. "he helps the poor and uses the new technology," including the experience of return on investment in this currency.
December 15, 2019, 02:04:18 AM
And what does this have to do with anything?
It's absolute non-news.
Just because someone with a high net worth bought BTC doesn't mean that all of a sudden BTC prices are going to hike. The fact is that demand of BTC is shaped by way more than that, with institutions and traders on leverage potentially having greater influence than even billionaires who simply buy a few BTCs here and there.
It's absolute non-news.
Just because someone with a high net worth bought BTC doesn't mean that all of a sudden BTC prices are going to hike. The fact is that demand of BTC is shaped by way more than that, with institutions and traders on leverage potentially having greater influence than even billionaires who simply buy a few BTCs here and there.
December 14, 2019, 09:06:23 PM
Billionaire Bill Pulte is joining the crypto community. He wants to use Bitcoin to help the poor.
https://bitcoinist.com/billionaires-buying-bitcoin-bill-pulte-announces-11-btc-purchase/
https://bitcoinist.com/billionaires-buying-bitcoin-bill-pulte-announces-11-btc-purchase/
He wants to use Bitcoin to help the poor? If he uses fiat to buy Bitcoin and then he donates the Bitcoin, the Bitcoin will still be converted into fiat. This is not at all practical. Well, at least he is promoting it but if he really wants to help the poor he should help the poor with fiat. Many poor families are residing in areas where development is at its lowest. And I think Bitcoin payment does not thrive in those areas. If he wants to join the crypto community he should instead invest in Bitcoin, build more commercial businesses accepting Bitcoin payment.
December 14, 2019, 08:08:22 PM
Billionaire Bill Pulte is joining the crypto community. He wants to use Bitcoin to help the poor.
Is he distributing the same digital asset to the needy and the poor? Well, I am hoping he will be doing it on a large-scale and aside from charitable intention he should be holding some for future growth. I think that this move can be helping the cause of Bitcoin a lot and let's likewise hope that this can be encouraging other rich people to also jump into the bandwagon. These people can easily afford Bitcoin and can be influential on their moves.
December 14, 2019, 12:56:30 PM
Billionaire Bill Pulte is joining the crypto community. He wants to use Bitcoin to help the poor.
https://bitcoinist.com/billionaires-buying-bitcoin-bill-pulte-announces-11-btc-purchase/
https://bitcoinist.com/billionaires-buying-bitcoin-bill-pulte-announces-11-btc-purchase/
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