An Article Claims BIG Investors Now Buy the Bulk of BTC - page 2.

groll

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Quote from: OROBTC on July 25, 2016, 12:09:15 AM

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Author Chris Vermeulen (a gold guy, but, hey I am too) writes that China and big investors (the Winkelvoss twins have not gone away) represent the bulk of new BTC purchases.

http://www.24hgold.com/english/news-gold-silver-large-investors-become-major-buyers-of-bitcoin.aspx?article=8762349738H11690&redirect=false&contributor=Chris+Vermeulen

The twins maybe a real gamblers to gamble and put to risk million or I should I say their billions of investment. If in case the price will go down they will get a heart attack
But I guess they have a group of financial analysts and trading experts to monitor and predict the movement of bitcoins. I'm sure they are not stupid to waste such big money that they are not sure they will profit.

GreenBits

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OTC trades (and large ones at that) probably make up the majority of the net bitcoin worth transacted everyday. The magic happens off the books, usually. If you were making a substantial investment, and you didn't 'grow up' in this janky environment of exchanges, would you send 100k worth of value to Poloniex or Yobit? We take alot for granted because a lot of us have been in this ecosystem for a few years now, and we have come to accept things as they are, not how they should be. Traditional finance doesn't share these blinders with us, they have their own Grin

YIz

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I hope the price gets a boost and we are going back to the 1,200$ glory days.

helloeverybody

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I'm sure alot of whales have been buying in smaller accounts so as not to raise any suspicions but a lot have already bought on a large scale already. It will be tricky getting new ones in but would do bitcoin wonders if we managed to get a few more.

randy8777

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these people are smart, and thus will or have already been buying small fractions per time to not let the price go up too much. in general this is of course good news as the big boys have interest in taking a position in bitcoin, but it won't be that noticeable in the price. it does however make sure a good number of coins are (temporarily) gone from the market, which translates into less coins being put up for sale.

The Sceptical Chymist

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Cool! It would be good for big whales to buy some and thus boost the price for us minnows. I have no problem with whales or the Chinese buying it up.

talkbitcoin

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All I know is that I know nothing.

bitcoin is at a very good place right now and i am not surprised to see big investors show interest in it. with the halving done and the price being stable, everything is getting ready for another huge rise just like the last time halving happened, and i doubt that any good investor would want to lose this opportunity to make a huge amount of money.

thejaytiesto

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The whales will come first before the common folk. The average joe is simply too dumb to see the point in bitcoin yet so the deep pockets will come next, then later on the average joes, that's how it goes. The good news is, this fact makes us pioneers since we have been involved before big investors got interested.

Denker

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Quote from: Cuidler on July 25, 2016, 03:14:53 AM

Obviously Bitcoin is very interesting for the gold bugs, holding Bitcoins long term is basically the same thing.

For big investors its big tougher to get in as the Bitcoin is very illiquid market for the amounts they are used to, so it might suddenly increase the Bitcoin price a lot, and limiting to buy certain amount of Bitcoins only daily to dont affect the price is time consuming work and very slow way to move in to the Bitcoin for them.

Im sorry for Winkelvoss twins they need wait so long and trying so many times for the positive regulatory decision - what a joke.

Regarding big investors they have the possibility to buy bigger amounts of bitcoin via OTC market.
That could also be a reason why Bitcoin still is pretty cheap at the moment.It's very easy for those OTC traders to suppress this small market and sell bigger chunks for a good price to their customers after enough of accumulation had been made.
Vinny Lingham wrote a great article about it not that long ago.

https://vinnylingham.com/the-1-dont-use-bitcoin-exchanges-ff019774d886#.oxs0n4tzo

rphk

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Happy to see the news that billionaire is buying bitcoins for investment. Above article news has shared complete details ,if more people buy bitcoin like this it will be good news for bitcoin market and price will go high much more

Cuidler

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Obviously Bitcoin is very interesting for the gold bugs, holding Bitcoins long term is basically the same thing.

For big investors its big tougher to get in as the Bitcoin is very illiquid market for the amounts they are used to, so it might suddenly increase the Bitcoin price a lot, and limiting to buy certain amount of Bitcoins only daily to dont affect the price is time consuming work and very slow way to move in to the Bitcoin for them.

Im sorry for Winkelvoss twins they need wait so long and trying so many times for the positive regulatory decision - what a joke.

CoinBreader

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nice article ! but i think these guys are already in.. a billionare would not share his thoughts about the next move thinking to make,
but the sure is as bitcoin mention on various articles like this more people they will be aware,
anyhow ill be glad to be on the same boat/train with gold/silver holders and investors

OROBTC

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Author Chris Vermeulen (a gold guy, but, hey I am too) writes that China and big investors (the Winkelvoss twins have not gone away) represent the bulk of new BTC purchases.

http://www.24hgold.com/english/news-gold-silver-large-investors-become-major-buyers-of-bitcoin.aspx?article=8762349738H11690&redirect=false&contributor=Chris+Vermeulen

Topic: An Article Claims BIG Investors Now Buy the Bulk of BTC - page 2. (Read 1168 times)