Topic: Are the Winklevoss twins selling (Read 183 times)
They could have when bitcoin was at its peak, though it's highly probable that they are silently accumulating right now just like what they did years ago. These elite investors' movement are highly unpredictable and kept hidden in the public for them to take advantage of every nice and profitable position they're taking, so it's hard what are they doing right now with their bitcoins. Most of the time, they'll only publicized their position when they are very comfortable that they will profit, see JPMorgan's recent stance about bitcoin.
They probably are selling some for their upkeep. I believe they can trade as well and just sell the profits, keeping their initial investment intact.
I believe they won't be offloading majority of their coins for that will greatly affect the market and counter productive from what they are trying to achieve.
I believe they won't be offloading majority of their coins for that will greatly affect the market and counter productive from what they are trying to achieve.
These two are businessmen, they know that offloading their entire stash would probably crash the market and hence collapse the long term value of their holdings. Logically, they will sell small amounts over time if they require fiat. However, they probably know that Bitcoin still has massive potential to hit over $50,000. It would be a poor business decision to sell most of their holdings now, though I'm sure they do release small amounts of equity when necessary.
Winklevosses are the best scammers in the world))They trying to make hype on the bitcoin for selling it for some fools))And the did it, I'm sure at it)
According to their interview last December, they sold some to pay for their exchange.
They're holding the majority of their coins.
They're holding the majority of their coins.
~getting some real dollars in the bank.
I'll give you something to think about: what are "real dollars"?Real dollars are greenbacks which provide some real value right now, unlike crypto which will hopefully be worth more sometime down the road. Let's not forget, even if you had a bazillion bitcoins, unless you cash them in, you practically have nothing. So I appreciate the sentiment that bitcoin may be more valuable than "real" dollars, but let's be realistic as well.
I mean, probably not all of their stash but if i was in their position I'd sure as hell be getting some real dollars in the bank.
I'm not sure that those guys are selling because we all know that addresses doesn't have names. If you know their address then you can track it yourself and check whether they are selling or not.
However, I presumed that they wouldn't because they doesn't really need millions or dollars because they are already millionaires. I mean, its doesn't make sense because they know that bitcoin can potential grow, they even petition to the SEC to have a second review on Bitcoin's ETF right? So for me, they are not selling at this point.
I read today that they think Bitcoin will hit 320k. I doubt that they will be selling significant amounts at 8500.
I mean, probably not all of their stash but if i was in their position I'd sure as hell be getting some real dollars in the bank.
The claim that they aren’t selling any time soon. The only way they could hold is if they have plenty of money to live on and cover their costs. It’s possible that they cash in profits on a small amount to as needed but they don’t appear to be saying that. They also don’t seem to be mentioning any altcoins they could be investing in. I find it a little hard to believe that they wouldn’t diversify a little.
Why they would sell? If they know they can get more profit on HODLING more BITCOINS. They accumulate more than they're selling.
They own the exchange Genesis
So I would think they are selling all the time.
So I would think they are selling all the time.
I'm pretty sure the Winklevoss twins are knowledgeable enough in the crypto markets to know that with the current price, it definitely isn't the best time to sell some bitcoin.
I'd sure as hell be getting some real dollars in the bank.
Also, what is "real dollars"? 
According to their interview last December, they sold some to pay for their exchange.
They're holding the majority of their coins.
They're holding the majority of their coins.
~getting some real dollars in the bank.
I'll give you something to think about: what are "real dollars"?
yes Winklevoss must have sold when the price was 18000 dollars then the price came down
if they sell i assure you that you and i will never know, the same way we never knew when they bought bitcoin. we found out years after they did it...
that is the way "smart money" works.
when you think they are buying, in fact they are selling. and when you think they are not selling or not doing anything they are silently accumulating.
that is the way "smart money" works.
when you think they are buying, in fact they are selling. and when you think they are not selling or not doing anything they are silently accumulating.
I mean, probably not all of their stash but if i was in their position I'd sure as hell be getting some real dollars in the bank.
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