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Topic: Anonymous trader buys $400 million in bitcoin - page 2. (Read 694 times)

sr. member
Activity: 728
Merit: 350
Re-monetizing YouTubers via Crypto-commodities
We're gonna try this again. The story isn't who or what entity recently amassed a huge amount of bitcoins. The REAL story is who the fuck is controlling the narrative?


https://www.infowars.com/bitcoin-surging-after-mystery-trader-buys-344-million-in-cryptocurrency/


Quote
“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the US and Asia,” Alex Sunnarborg, founding partner of Tetras Capital said, as quoted by Marketwatch.

Seriously? InfoWars quoted MarketWatch?

https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16


That's odd. My sources, the same FUCKIN INTERNET they use, contributes the source two days priors to ...

https://www.investopedia.com/news/anonymous-cryptocurrency-enthusiast-bought-400-million-bitcoin/


It gets better ...


First, Alex Sunnarborg is quoted by Investopedia, then two laters, MarketWatch picks up the story and sites Alex verbatim. Now, its SiliconANGLE Media stating that Alex told MarketWatch the exact same phrase two days after it was first penned by Investopedia. What next? Satoshi rising from the grave so to quote Alex's comments that was given to SiliconANGLE during an inclusive interview?

http://www.coindaily.co/2018/02/17/trader-btfd-and-scoops-up-400-million-in-bitcoin/


Yep, another blockchain expect advancing the truism sans doing one iota of research like the astute posters on this thread have done.

Imagine, if you will, some bitcoin scientist on the top floor of some London office building, let's say, muses about who the whale in question is after giving Satoshi head after Satoshi proved beyond doubt to said scientist that he is indeed Satoshi regardless if some future Russian clown cites signalling theory in proving that he's not.
hero member
Activity: 742
Merit: 526
We need something to bring the price back. Ever since Tether printing stopped it's only fell. Hopefully there's some serious capital injection coming from somewhere.

Don't you think that excessive printing of Tether tokens was the primary cause behind bitcoin's unstoppable price growth in late November and December? So things just returned to kind of normal, where they should have been without Tether. But I'm curious what happened to these tokens and those who bought them. To balance supply and demand they should have been destroyed (burned).
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
It's actually Huboi according to this - https://bitcointalksearch.org/topic/m.30473511

I doubt the real pros make such obvious moves. There'll be all types of autists watching wallets.

Well if it's Huobi or some other big exchange or hedge fund, they're surely trying to fulfill large individual demands, precisely not to make their moves obvious. Newcomers finally finding their way into bitcoin or whales simply about to dump their huge bags of alts? I guess in the big picture, these moves won't matter. But they certainly help prove that Bitcoin in no way is losing its attraction. All the so-called big sell offs have nothing compared to this amount.

I can feel the jealousy from Bitcoin Cash on this type of news!
sr. member
Activity: 728
Merit: 350
Re-monetizing YouTubers via Crypto-commodities
For the idiots here: https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY

Now scroll down that list, look at the big transactions, see who the sender is. Now click on such a big transaction and see how every and each time it's tons of sources addresses moving coins into 1 single address, exactly like an exchange would do when it moves coins into its cold wallet.

Dude, you're buckin' for a lawsuit if you're claimin' that Nathan of Investopedia is full of shit, basing his prowess and venerable research on FACTS gleaned from reliable source in penning the tour de force article now picked up by other [financial-based] rags.

https://www.investopedia.com/contributors/54684/

Quote
Nathan Reiff is a writer and musician based in the New York City area. He holds degrees from Yale University and the University of Michigan. Nathan has previously worked for Orion Consultants and Partners in Performance and has written for Internet Brands on subjects ranging from money matters to personal and home development. His interests include technology, travel, and food.

https://www.linkedin.com/company/orion-consultants/

Quote
Established in 1974, Orion is a small, dynamic company specializing in consulting for prominent Wall Street and international investment banks.  By using systematic qualitative methods, Orion presents its clients with in-depth market research and offers strategic performance analysis and recommendations.  For more than twenty years, Orion has established a niche in the domestic and European fixed income area.


In the spirit of who's pulling the strings, let's revisit the article partially quoted in the OP, specifically this [quoted verbatim from the original article] ...

https://www.investopedia.com/news/anonymous-cryptocurrency-enthusiast-bought-400-million-bitcoin/

Quote
"Not sure who that big buyer was, but many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia," said Tetras Capital founding partner Alex Sunnarborg.

Who is Alex Sunnarborg?

https://www.coindesk.com/author/alexsunnarborg/

Quote
Alex Sunnarborg

Alex is a research analyst at CoinDesk. Previously, Alex was a founder and the CFO of Lawnmower, a blockchain investment and market research firm acquired by CoinDesk in January 2017. Prior, Alex was a debt investment banking analyst at Raymond James. Alex’s research has been featured in publications including The New York Times, Bloomberg, CNBC, Fortune, Forbes, Quartz, Yahoo! Finance and VentureBeat. Alex has invested in numerous digital assets including BTC, ETH, ZEC, REP, GNT, and MLN (See: Editorial Policy). Email Alex: [email protected]. Follow Alex: @alexsunnarborg.

https://www.token2049.com/speakers?gclid=Cj0KCQiAzrTUBRCnARIsAL0mqcwR0T43shwNmB6q9k_L4EmnUDlFAM4ahm5MyLki9E2h3S_TtF6QUAYaAkfKEALw_wcB


Before continuing, look who else is scheduled to speak at the alluded to TOKEN2049 conference in Hong Kong (20-21 March 2018) ...

https://www.token2049.com/speakers?gclid=Cj0KCQiAzrTUBRCnARIsAL0mqcwR0T43shwNmB6q9k_L4EmnUDlFAM4ahm5MyLki9E2h3S_TtF6QUAYaAkfKEALw_wcB


Now, you tell me how it's fuckin humanly possible for a former Orion Consultants, Nathan Reiff, to seek out Alex Sunnarborg who is a professed blockchain research analyst but couldn't connect the simple dots like us mere mortals were able to do literally within seconds - a couple minutes if you're slow or was distracted precisely when three flies were performing a ménage à trois on your ceiling, a forth fly joined in to form a ménage à quatre.

https://twitter.com/alexsunnarborg/status/958761507596263428


Translated: I don't have a fuckin clue on how to read them blockchain thingies but I'm a sought-out guru in the crypto space in knowing when and where Investards should funnel their moneys cuz I'm a blockchain analyst expert recently instrumental in pumping the shit outta Bitcoin prior to speaking at the upcoming Asian dog-and-pony-show conference. Speaking of canines, rumor has it that the following is on the menu ...



"What is this dog shit? I want a pony!!!"

Follow this link to see ALL the [financial-based] rags that picked up on the original story, none of which even remotely fact-checked like astute posters in this thread et al. have done to date: https://www.google.com/search?q=Anonymous+trader+buys+%24400+million+in+bitcoin&rlz=1C1CHBF_enUS727US727&source=lnms&tbm=nws&sa=X&ved=0ahUKEwijvq6KuLfZAhVnh1QKHYU6BYYQ_AUICigB&biw=1164&bih=537

In re the last paragraph, I nailed it! --> https://www.youtube.com/watch?v=UQcCIzjz9_s&feature=youtu.be&t=498
full member
Activity: 406
Merit: 174
We need something to bring the price back. Ever since Tether printing stopped it's only fell. Hopefully there's some serious capital injection coming from somewhere.
sr. member
Activity: 728
Merit: 350
Re-monetizing YouTubers via Crypto-commodities
For the idiots here: https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY

Now scroll down that list, look at the big transactions, see who the sender is. Now click on such a big transaction and see how every and each time it's tons of sources addresses moving coins into 1 single address, exactly like an exchange would do when it moves coins into its cold wallet.

Dude, you're buckin' for a lawsuit if you're claimin' that Nathan of Investopedia is full of shit, basing his prowess and venerable research on FACTS gleaned from reliable source in penning the tour de force article now picked up by other [financial-based] rags.

https://www.investopedia.com/contributors/54684/

Quote
Nathan Reiff is a writer and musician based in the New York City area. He holds degrees from Yale University and the University of Michigan. Nathan has previously worked for Orion Consultants and Partners in Performance and has written for Internet Brands on subjects ranging from money matters to personal and home development. His interests include technology, travel, and food.

https://www.linkedin.com/company/orion-consultants/

Quote
Established in 1974, Orion is a small, dynamic company specializing in consulting for prominent Wall Street and international investment banks.  By using systematic qualitative methods, Orion presents its clients with in-depth market research and offers strategic performance analysis and recommendations.  For more than twenty years, Orion has established a niche in the domestic and European fixed income area.


In the spirit of who's pulling the strings, let's revisit the article partially quoted in the OP, specifically this [quoted verbatim from the original article] ...

https://www.investopedia.com/news/anonymous-cryptocurrency-enthusiast-bought-400-million-bitcoin/

Quote
"Not sure who that big buyer was, but many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia," said Tetras Capital founding partner Alex Sunnarborg.

Who is Alex Sunnarborg?

https://www.coindesk.com/author/alexsunnarborg/

Quote
Alex Sunnarborg

Alex is a research analyst at CoinDesk. Previously, Alex was a founder and the CFO of Lawnmower, a blockchain investment and market research firm acquired by CoinDesk in January 2017. Prior, Alex was a debt investment banking analyst at Raymond James. Alex’s research has been featured in publications including The New York Times, Bloomberg, CNBC, Fortune, Forbes, Quartz, Yahoo! Finance and VentureBeat. Alex has invested in numerous digital assets including BTC, ETH, ZEC, REP, GNT, and MLN (See: Editorial Policy). Email Alex: [email protected]. Follow Alex: @alexsunnarborg.

https://www.token2049.com/speakers?gclid=Cj0KCQiAzrTUBRCnARIsAL0mqcwR0T43shwNmB6q9k_L4EmnUDlFAM4ahm5MyLki9E2h3S_TtF6QUAYaAkfKEALw_wcB


Before continuing, look who else is scheduled to speak at the alluded to TOKEN2049 conference in Hong Kong (20-21 March 2018) ...

https://www.token2049.com/speakers?gclid=Cj0KCQiAzrTUBRCnARIsAL0mqcwR0T43shwNmB6q9k_L4EmnUDlFAM4ahm5MyLki9E2h3S_TtF6QUAYaAkfKEALw_wcB


Now, you tell me how it's fuckin humanly possible for a former Orion Consultants, Nathan Reiff, to seek out Alex Sunnarborg who is a professed blockchain research analyst but couldn't connect the simple dots like us mere mortals were able to do literally within seconds - a couple minutes if you're slow or was distracted precisely when three flies were performing a ménage à trois on your ceiling, a forth fly joined in to form a ménage à quatre.

https://twitter.com/alexsunnarborg/status/958761507596263428


Translated: I don't have a fuckin clue on how to read them blockchain thingies but I'm a sought-out guru in the crypto space in knowing when and where Investards should funnel their moneys cuz I'm a blockchain analyst expert recently instrumental in pumping the shit outta Bitcoin prior to speaking at the upcoming Asian dog-and-pony-show conference. Speaking of canines, rumor has it that the following is on the menu ...



"What is this dog shit? I want a pony!!!"

Follow this link to see ALL the [financial-based] rags that picked up on the original story, none of which even remotely fact-checked like astute posters in this thread et al. have done to date: https://www.google.com/search?q=Anonymous+trader+buys+%24400+million+in+bitcoin&rlz=1C1CHBF_enUS727US727&source=lnms&tbm=nws&sa=X&ved=0ahUKEwijvq6KuLfZAhVnh1QKHYU6BYYQ_AUICigB&biw=1164&bih=537
jr. member
Activity: 154
Merit: 8
SODL
I agree. This is likely to be an individual who can afford to invest that much money in something as unsure as btc. I don't think this is a blind decision though because for you to put that much money on the table, you have to be prepared and aware of the risks. So that's a calculated investment hoping for a bigger return

You sir are really THE idiot of the thread. Did you even READ any of the posts here? It's been proven 1000x times that it's just Huobi exchange cold wallet.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
It's probably a hedge fund that has invested a small portion of their funds and doesn't understand that you shouldn't keep it all in one address because the blockchain is public and everyone can see what you've done.

Or may be a billionaire who just invested a significant fraction of his wealth in Bitcoin? Hedge fund managers are not that stupid to keep all their coins in one wallet. Before they do any investment, they carefully do the research about its potential implications. Well.. my worst fear is that this wallet belongs to some mafia don.
I agree. This is likely to be an individual who can afford to invest that much money in something as unsure as btc. I don't think this is a blind decision though because for you to put that much money on the table, you have to be prepared and aware of the risks. So that's a calculated investment hoping for a bigger return
jr. member
Activity: 84
Merit: 8
Nothing like having a bullshit story picked up by other rags, e,g. http://fortune.com/2018/02/19/400-million-bitcoin-anonymous-investor/, eh?

This reminds me of the time when some homeless dude once found a discarded laptop in a dumpster, then tried to sell it for ten bucks to the fist couple he came across, but they being Bitcoiners quickly discovered that the laptop contain mega bitcoins, informing the dude of their finds upon passing on the deal of the century. The homeless dude tried to tip them but the anonymous couple simply said, "Thanks, but no thanks, because that's the way we roll." (paraphrased, but nailed the sentiment)

All the major news outlets picked up the story while I started a thread tearing the event a new asshole cuz ... wait for it ... that's how I roll.  Roll Eyes

Is that you Gleb Gamow? Hehehe.

You don't believe that someone or some group of whales really bought $400m worth of Bitcoins, maybe thinking it was at a "low" or something? The chart shows big buys from $6000 on 2/6/2018 and it never came back that low ever since.

I believe it was the big Chinese miners trying to protect themselves. Just my guess for what its worth.

Do you want to say that Chinese miners would be buying up to protect their mining profits? In my opinion, that would be counterproductive and risky as hell. In short, that would be a really bad move cause they might not get there and lose money at that, for example, if some whale decided to cash out. The price reversal was likely due to a downtrend movement getting limited and exhausting itself. It looks more like $6k was the lower limit below which people who bought in December and didn't sell soon thereafter wouldn't be selling at any price, no matter how low Bitcoin could fall. So it was no use pressing prices any lower.
legendary
Activity: 1526
Merit: 1179
Or may be a billionaire who just invested a significant fraction of his wealth in Bitcoin? Hedge fund managers are not that stupid to keep all their coins in one wallet. Before they do any investment, they carefully do the research about its potential implications. Well.. my worst fear is that this wallet belongs to some mafia don.
Knock. Knock. Are brain cells at home? Not?

How many more times need it to be said that it wasn't a billionaire or hedge fund? I must admit that the hype around this article has been impressive, but the fact that people still haven't noticed anything is pathetic.

It only takes to a brief moment to browse through the addresses these funds are coming from, which should immediately cause this hyped article to dry out, but nope, people still act like headless chickens.

For a long term legendary member it's quite embarrassing honestly. And care to explain why it is a problem that a mafia don owns a large number of coins? I don't see anything wrong with that. Roll Eyes
legendary
Activity: 2044
Merit: 1008
It's probably a hedge fund that has invested a small portion of their funds and doesn't understand that you shouldn't keep it all in one address because the blockchain is public and everyone can see what you've done.

Or may be a billionaire who just invested a significant fraction of his wealth in Bitcoin? Hedge fund managers are not that stupid to keep all their coins in one wallet. Before they do any investment, they carefully do the research about its potential implications. Well.. my worst fear is that this wallet belongs to some mafia don.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

Quote
Go big or go home. That’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital currency, bitcoin.

The purchase comes as cryptocurrencies are making a comeback after a dreadful start to 2018.

“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia,” Alex Sunnarborg, Founding Partner of Tetras Capital said.

The unknown trader with the bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased the coins between Feb. 9 and Feb. 12, taking his bitcoin balance from 55,000 coins to more than 96,000.

It's probably a hedge fund that has invested a small portion of their funds and doesn't understand that you shouldn't keep it all in one address because the blockchain is public and everyone can see what you've done.
That is what always ends up happening when the weak hands have truly shown how weak they have been and then they let the big guys who have the bucks and know the future or well informed get the best of what they have been holding. Also, that looks more like a move from an exchange, with the little transactions that has been going on with the wallet. Although someone rightly mentioned huobi, but how can we really know?

The beginning has been noticed already when we started having big volume around the $9000 dip and even more when we had a further drop. Let's hope this ushers in a reversal for bitcoin. Also, I keep having the feelings like bigger players are really trying to get their hands full in the bitcoin market after driving the value down to shake off weak hands. Let's see how this goes.
sr. member
Activity: 728
Merit: 350
Re-monetizing YouTubers via Crypto-commodities
For the idiots here: https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY

Now scroll down that list, look at the big transactions, see who the sender is. Now click on such a big transaction and see how every and each time it's tons of sources addresses moving coins into 1 single address, exactly like an exchange would do when it moves coins into its cold wallet.

Dude, you're buckin' for a lawsuit if you're claimin' that Nathan of Investopedia is full of shit, basing his prowess and venerable research on FACTS gleaned from reliable source in penning the tour de force article now picked up by other [financial-based] rags.

https://www.investopedia.com/contributors/54684/

Quote
Nathan Reiff is a writer and musician based in the New York City area. He holds degrees from Yale University and the University of Michigan. Nathan has previously worked for Orion Consultants and Partners in Performance and has written for Internet Brands on subjects ranging from money matters to personal and home development. His interests include technology, travel, and food.

https://www.linkedin.com/company/orion-consultants/

Quote
Established in 1974, Orion is a small, dynamic company specializing in consulting for prominent Wall Street and international investment banks.  By using systematic qualitative methods, Orion presents its clients with in-depth market research and offers strategic performance analysis and recommendations.  For more than twenty years, Orion has established a niche in the domestic and European fixed income area.

jr. member
Activity: 154
Merit: 8
SODL
For the idiots here: https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY

Now scroll down that list, look at the big transactions, see who the sender is. Now click on such a big transaction and see how every and each time it's tons of sources addresses moving coins into 1 single address, exactly like an exchange would do when it moves coins into its cold wallet.
newbie
Activity: 93
Merit: 0
yeah, yeah cap...
just let people believe in jewish plot
jr. member
Activity: 154
Merit: 8
SODL
This thread is hilarious. Nobody reads the 2nd post in this thread which already proofed that it's just an exchange. It's all Huobi orders moving in each transaction tons of wallets into 1 single wallet (their cold wallet).
legendary
Activity: 1386
Merit: 1058
Thanks! I wonder why this story suddenly blew up. Did people not realize it was an exchange wallet?

Well sites earn money from clicks, and saying someone loaded up on $400m worth of Bitcoins is much more attractive than saying some exchange is gathering coins to an address lol.

But yeah, someone buying that much would certainly have caused a sudden spike, and I haven't noticed any the past few days, so I thought something was wrong. This was either a bad journalist who doesn't do much research, or a good one who can mislead readers for their own agenda.
Lol. Obviously, most media would always want to drop a catchy line to draw in traffic. Knowing it is an exchange, no one would bother reading much about the news, but not knowing at all, would leave the readers hanging trying to find out all by themselves who the person in question could be until they find the answer, but at least, the media would have been able to fulfill their own mission in the process. This tether involvement though scares the creep out of me based on what I can gather and what a lot of people have been saying.
full member
Activity: 228
Merit: 100
Wow that's huge announcement, seems he know now is a good to time time invest after the price down much from the peak.
legendary
Activity: 2898
Merit: 1823
Nothing like having a bullshit story picked up by other rags, e,g. http://fortune.com/2018/02/19/400-million-bitcoin-anonymous-investor/, eh?

This reminds me of the time when some homeless dude once found a discarded laptop in a dumpster, then tried to sell it for ten bucks to the fist couple he came across, but they being Bitcoiners quickly discovered that the laptop contain mega bitcoins, informing the dude of their finds upon passing on the deal of the century. The homeless dude tried to tip them but the anonymous couple simply said, "Thanks, but no thanks, because that's the way we roll." (paraphrased, but nailed the sentiment)

All the major news outlets picked up the story while I started a thread tearing the event a new asshole cuz ... wait for it ... that's how I roll.  Roll Eyes

Is that you Gleb Gamow? Hehehe.

You don't believe that someone or some group of whales really bought $400m worth of Bitcoins, maybe thinking it was at a "low" or something? The chart shows big buys from $6000 on 2/6/2018 and it never came back that low ever since.

I believe it was the big Chinese miners trying to protect themselves. Just my guess for what its worth.
member
Activity: 616
Merit: 30
https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

Quote
Go big or go home. That’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital currency, bitcoin.

The purchase comes as cryptocurrencies are making a comeback after a dreadful start to 2018.

“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia,” Alex Sunnarborg, Founding Partner of Tetras Capital said.

The unknown trader with the bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased the coins between Feb. 9 and Feb. 12, taking his bitcoin balance from 55,000 coins to more than 96,000.

It's probably a hedge fund that has invested a small portion of their funds and doesn't understand that you shouldn't keep it all in one address because the blockchain is public and everyone can see what you've done.


ive seen this same thread somewhere i just cant remember but same topic.anyway i am glad about this one,this maybe the reason why the price of bitcoin accelerates and not sitting at $11,000 ..and if this continues we will be witnessing the another breakthrough of this ultimate coin.
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