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Topic: An Unknown Individual Bought 96,000 Bitcoins When Price Was Slump (Read 202 times)

legendary
Activity: 2702
Merit: 3045
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That's what whales do, they wait for the right moment to buy.
Well, if I had money, I would do the same. Eventually, investing such big sum of money will boost the price and make it boom again.
the good thing is that ,now, there are more people that believe in Bitcoin and keep buying when others are panicking.
hero member
Activity: 678
Merit: 500
The different between people is the ability of catching opportunities.

Some bought bitcoin in 2010, some in 2011 , ... , and some would not buy untilll the bitcoin price get up to 100K dollars.
member
Activity: 224
Merit: 10
The revolutionary trading ecosystem
The unknown individual brought bitcoin which was worth more than on billions, i.e., 96000 bitcoins during the recent crash
Check out here: Price Was Slump

This article has been covered numerous times and has spread all across social media. Here's an example of the same writing, but on a different site: https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

I think this is just the ideal of buy low sell high. There's nothing stopping people from buying the dips. We (at least most of this forum) knew that bitcoin would rebound eventually, and this 400 million US dollar purchase has definitely impacted the market. The rebound has been intense, and I think there's more support to come. There may be a few corrections on the way, but I think we could be setting in on a new ATH later this year. Just have to see how the technology improves and what governments end up saying about bitcoin.

He was very lucky. Can we call him a whale now? So, what your ATH prediction of Bitcoin price? I knew it bitcoin price will rebound, but still curious about the next bitcoin all time high price.
hero member
Activity: 686
Merit: 521
Meanwhile, Bitcoin attracted the attention of many people even during the 65 percent fall in price.
-snip-
Shocking but true and it seems to me that what bitcoin needs to make history now is influence marketers who can and will attract people to the new digital economy which i see to be the best move at the moment.
It so strange to me that a lot of people don't know even one of the most useful rule for every investor: Buy Low, Sell High. By the other side - while they don't know about it or don't understand it - we can earn money.
This should be a basic investment strategy that we all need to know by now if we in it for the money Wink

legendary
Activity: 1596
Merit: 1026
This is a big Whale.  To do this move, he had to take 96,000 from panicked idiots who were very afraid during the crisis and failed to HODL!  When scared little chinks freak out and get nervous - they dump their BTC holdings at VERY low prices.  Whales clean up and get VERY rich.  These drastic down markets make the whales a shit ton of money.  Having 1 million nervous pussy chinamen make for easy pickens!  

$96,000,000. Not even Tony Starks or Bruce Wayne
Are you drunk? ...or stupid?

Lots of people have more than $100,000,000.  Lots of people have more than $1B.  Lots and lots of people have $96,000,000.  $96,000,000 is the new middle class.  
member
Activity: 336
Merit: 14
At $1,000, that’s $96,000,000. Not even Tony Starks or Bruce Wayne would have that kind of money. In reality, only Jeff Bezos would probably be that unknown individual. But he may have to sell all his stocks from Amazon before he made the supposed transaction. And we all know that he didn’t.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
The unknown individual brought bitcoin which was worth more than on billions, i.e., 96000 bitcoins during the recent crash
Check out here: Price Was Slump
It is a good example for what to do when the price was crashing,so he already made a huge profits because now the price of bitcoin almost hitting $12K,so the profit was around 60% already.But if he can hold them for years then surely he will become the richest person of the world soon.
full member
Activity: 532
Merit: 100
The unknown individual brought bitcoin which was worth more than on billions, i.e., 96000 bitcoins during the recent crash
Check out here: Price Was Slump

if i have millions of money i would buy bitcoin too. it is not surprising that this unknown individual bought bitcoin at a low price. opportunity is there and he/she grab it. this unknown individual knows how cyrptocurrency works.
member
Activity: 94
Merit: 10
You can not prohibit a beautiful life. Bitcoin will grow. Everyone has his own investment goals.
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
Over the past few years, when the bitcoin after a big drop, then there will be some of the large number of financial institutions to buy bitcoin, and this time the large purchases of bitcoin, I want to also is Wall Street financial institutions.
newbie
Activity: 123
Merit: 0
If I had enough money, I would have bought BTC under $7000!

The law of the market is high sell low buy, the price that chooses BTC already is 11000 dollars, buy BTC at this time obtain very good profit!
copper member
Activity: 1526
Merit: 2890
I guess that account may belong to an exchange company... but it's he/she's an individual then he was already a millionaire and now a billionaire... and here we think 10 times before buying bitcoins worth 100$ Cheesy
member
Activity: 266
Merit: 32
$1,000,000,000 is not a big deal for richest terrorist organisation ever, that is ISIS/ISIL who have taken over some 5 countries.
full member
Activity: 434
Merit: 101
Well that person is really serious about bitcoin and do not give a damn on negatives of bitcoin. 96,000 bitcoin will worth more than a  hundreds of million dollars in the future, as it is now a million in different currency and surely that person is rich. Large amount investing will result great in a long run, wish i have that money.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Interesting. How many individuals in the world are having liquid cash of $1 billion ready with them at a given point of time? I am sure that the number is less than 20. But there is another possibility that this wallet is being operated by a hedge fund manager who is managing the investments of several billionaires.
member
Activity: 434
Merit: 10
The unknown individual brought bitcoin which was worth more than on billions, i.e., 96000 bitcoins during the recent crash
Check out here: Price Was Slump
Most likely, large investment funds are included in bitcoin, therefore, such volumes, and most likely slept and was made for this purpose. I expect very good growth this year!
jr. member
Activity: 42
Merit: 1
A normal person?
I am just wondering, are you able to buy 96.000 BTC? I think you are a normal person.
I think this is a corporation, but at the moment they decided to not divulge nothing about this action.
The reason? In my opinion - or it is beforehand or soon we will see already known corporation to have a grandiose success.
member
Activity: 616
Merit: 10
I think this man is a whale eversince he started in cryptocurrency. I also think that he knows very well about cryptocurrency and he is an economist. Because a normal person would not think to buy 96000 bitcoins when the price crashed.
full member
Activity: 630
Merit: 102
This is a man that have decided to to grab opportunity when people where busy spreading bad news about bitcoin crash. This kind of opportunity may not come again.
full member
Activity: 364
Merit: 100
Meanwhile, Bitcoin attracted the attention of many people even during the 65 percent fall in price.

It so strange to me that a lot of people don't know even one of the most useful rule for every investor: Buy Low, Sell High. By the other side - while they don't know about it or don't understand it - we can earn money.
legendary
Activity: 1414
Merit: 1039
The unknown individual brought bitcoin which was worth more than on billions, i.e., 96000 bitcoins during the recent crash
Check out here: Price Was Slump

This article has been covered numerous times and has spread all across social media. Here's an example of the same writing, but on a different site: https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

I think this is just the ideal of buy low sell high. There's nothing stopping people from buying the dips. We (at least most of this forum) knew that bitcoin would rebound eventually, and this 400 million US dollar purchase has definitely impacted the market. The rebound has been intense, and I think there's more support to come. There may be a few corrections on the way, but I think we could be setting in on a new ATH later this year. Just have to see how the technology improves and what governments end up saying about bitcoin.
newbie
Activity: 210
Merit: 0
The unknown individual brought bitcoin which was worth more than on billions, i.e., 96000 bitcoins during the recent crash
Check out here: Price Was Slump
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