I am so happy peoples are taking interesting in bitcoin and cryptocurrencies mostly when they're billionaires.
Bitcoin is going bullish and we may see more improvement toward the year's end. I hope more billionaires take interest and invest their money.
I believe the bitcoin rise more if we get more speculators. I personally think that this is the perfect time to invest in bitcoins.
Topic: Another billionaire just invested in bitcoin (Read 894 times)
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$1.5 billion announcement with Tesla = boom, went up what, 10k in 24 hours?
It's seems that every rich person deserved cryptocurrency investment, Doe's it mean that fiat currency does not exist again, the answer is no,everyone has integrity and everyone has area of investment concentration platform that will add values to he/her money, while the rich people is investing in cryptocurrency especially bitcoin is because of the potentiality in crypto network, digital investment is a forward of investment from my perspective... Now for these man to adventure into crypto it's obvious that the name of cryptocurrency will be relevant in Mexico than before because people likely emulate the steps of richer
Great. More billionaires entering the bitcoin market which means more of them are being aware of crypto currencies and how they are going to give better return than banks. They are noticing that keeping their money idle on their banks is not worth anything. But I am just wondering, if more billionaire starts investing in bitcoin, wouldn't the price, like every other thing come under the control of those billionaires? Wouldn't they have huge impacts on the market? Like if we see that a billionaire moved his coins, people will start panicking. When billionaires sell their coins, the market might crash. Wouldn't it?
Human greed is the door to success. There is no shortage of companions on this road. Come on, Bitcoin, the world is coming to you, because you have been recognized by the world
Dogecoin has soared today, with the highest increase reaching 10 times. It can be seen that the entry of these big capitalists will have a huge impact on the market. Hope this is not a bad thing.
In fact, in some small countries, choosing to use Bitcoin to avoid inflation is very smart. On this basis, if more rich people join in, it will undoubtedly promote the development of this situation. I think this is a help The means by which people in small countries protect their assets.
Great news, I hope other billionaires will follow the same as it will push Bitcoin towards it's ATH value but this comes with great risk as well because the more rich people invest into Bitcoin the more it becomes like a gambling wherein they may cashout anything sending shockwaves across the bitcoin's community like whales did last time.
The more wealthy investors, the more risky it would be since it's already on a high volative cryptocurrency. If some of the whales bring out some btc out of their wallet, there would be an impact again for bitcoin like on what happened last year.
so throwing money do also happens to on mexico ? i thought it only happens on venezuela but before them , i also so saw some guy threw money on top of the building or from streets but it doesnt mean money is useless on those country but those guys are just rich and want to share the wealth they have to the majority but what happens on this story that the guy witness how banks dump money , thats weakening and for who ever see that will also feel the same weak feeling . now the guy was angry and use btc , he was going to tease banks with his btc .
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Not sure who that guy is but seems like this >20k breach of the Bitcoin price gained the attention of many non-crypto investors even media celebrities.I guess 30k really hit everyone hard to start investing right now to Bitcoin huh.
Not like I dreamed that 2017 price to happen all over again, but hell it was really an unexpected increase.
I reckon most very rich people will be put off buying Bitcoin in case it alerts the tax authorities in some way.
Most will go to significant effort to avoid paying tax across all their assets - possibly bordering on evasion - and won't want to attract any "heat".
Most will go to significant effort to avoid paying tax across all their assets - possibly bordering on evasion - and won't want to attract any "heat".
Many of them already invest in bitcoin, but do not openly talk about it.
I think the investors will not talk about their investment in bitcoin because that can make them in danger. They can attract bad people to try to steal their money and figure out how will be the way.~Anyway, I think this is a good thing for bitcoin. It's getting known by people from all walks of life. Let's hope that many people will patronize bitcoin even if they are not a billionaire and just a simple ordinary person.
The happenings that are related into Bitcoin specially the bull run does not just make ordinary people excited but as well as institutions and even billionaires coming from different parts of the world making them interested to get engage on investing with Bitcoin. It is not surprising at all that those popular rich people and institutions are giving their attentions towards Bitcoin because it is really catchy and attractive to everyone's eyes seeing the good happenings with Bitcoin making them want to explore more out of it. For sure once another ATH will be attained by Bitcoin, many more people will get along on the trend and will keep their funds put into investment with Bitcoin showing how they appreciate and value Bitcoin's worth and existence.
THis is a really great news not just for those billionaires but even on the whole cryptocurrency market. Even large companies/industries are getting into this market and that's a big deal imo, this will make the futures of bitcoin brighter and clearer.
But there is potential risk also there because if they cash out their profits when prices rise they will try to create a dump situation in the market and they will pay high transaction fees to clear their transaction and cash out their profits at priority basis.
Certainly one of the few things to look at if anyone is planning to invest in bitcoin now its at the top, imagine people who bought large amounts of bitcoin when it was around $4k to $10k, we all know they would have made tons of profits by now and it's going to be tempting cause they might want to cash out, if they eventually decide to cash out their profits it will definitely cause a dump in the price of bitcoin, panic sellers will surely sell and people who were looking to buy dips will buy and start hoping the price goes back up. So the main fact is most people are using it as source of investment tool to cash out profits in short span of time rather then recognising it as financial tool which can solve the centralized chain functioning over the blockchain technology.
Lately investors don't care about the tech anymore, they are just happy its bringing them tons of profits in a short amount of time, bitcoin wasn't originally created to be used as an investment tool, but it has definitely evolved past the level of been used as a digital currency for seamless transactions. 
Many of them already invest in bitcoin, but do not openly talk about it.
I think the investors will not talk about their investment in bitcoin because that can make them in danger. They can attract bad people to try to steal their money and figure out how will be the way. The billionaire will keep the secret for them, and they will store in a special place that only them that will know. But it is good news for people out there because they can know that billionaire wants to spread their investment into crypto, and they buy bitcoin and hold it for the long term. I hope that can make bitcoin more popular and start to raise more people to join. 
With the recent rise in bitcoin price now, which has successfully drawn attention all over the world, it also caught the attention of a Mexican billionaire who recently invested 10% of his liquid portfolio into bitcoin according to Cointelegraph, the man in person is Ricardo Salinas Pliego who is the second richest man in Mexico, he also shared a video showing banks throwing out garbage bags filled with paper money into a dumpster,looks like he got tired of using paper money after seeing that 
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Link to the full article here : https://cointelegraph.com/news/mexico-s-second-richest-man-invests-10-of-his-liquid-portfolio-in-bitcoin/
Aside from this news, from the look of things, I feel like bitcoin will hit its ATH before the end of the year, yet again bitcoin halving brings another bull run.
What's are your thoughts about this guys?
The number of investors trading in Bitcoin with large volume is increasing day by day and when the prices are low as market is witnessing bearish trend(a small correction in price dips) whoever is interested is investing their funds in Bitcoin.The funds are flowing into the crypto market and exchanges are witnessing rush over their servers as their customers base have incresed 10-15% over the past few months.This has in turn lead to btc prices moves towards ATH of $35000 above and market cap above $600 billion.But there is potential risk also there because if they cash out their profits when prices rise they will try to create a dump situation in the market and they will pay high transaction fees to clear their transaction and cash out their profits at priority basis.But still the number of users and investors are increasing day by day because of high returns this year.. Link to the full article here : https://cointelegraph.com/news/mexico-s-second-richest-man-invests-10-of-his-liquid-portfolio-in-bitcoin/
Aside from this news, from the look of things, I feel like bitcoin will hit its ATH before the end of the year, yet again bitcoin halving brings another bull run.
What's are your thoughts about this guys?
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So the main fact is most people are using it as source of investment tool to cash out profits in short span of time rather then recognising it as financial tool which can solve the centralized chain functioning over the blockchain technology.
Marathon Patent Group, traded on Nasdaq, purchased $ 150 million worth of Bitcoin. This acquisition represents the last of the institutional trend in Bitcoin so far, for now. The fact that Bitcoin has a safe-haven is too big to ignore.
I remember a crypto analyst on CNN (I think) a few years ago making the case that there are 10,000,000 millionaires in the US, and it was possible that every one of those would want a single Bitcoin, just for bragging rights.
I got excited about that, but it never happened. Maybe those millionaires are in fact millionaires because they are very careful with their money
I got excited about that, but it never happened. Maybe those millionaires are in fact millionaires because they are very careful with their money
It is definitely good news, but the impact on the market will be quite limited. Let's not forget the fact that Bitcoin is now having a market cap of >$600 billion. Endorsements from individuals doesn't make any reverberation now. What we need is collaboration with mainstream investment/payment businesses such as PayPal, Master and Visa. Any additional endorsements from these mainstream businesses will be good for BTC.
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