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Topic: Billionaires buying Bitcoin - page 2. (Read 737 times)

newbie
Activity: 93
Merit: 0
March 13, 2018, 09:59:45 PM
#85
For billionaires, making investment in bitcoins seems to be more correct. Even if they make some loss, it will not make much difference to their lifestyle.

The myth of Bitcoin created a new billionaire. The original billionaires, if they want to enter the Bitcoin industry, can completely test the water with a small investment.
newbie
Activity: 11
Merit: 0
March 13, 2018, 09:46:50 PM
#84
Quote from: hi-men on January 18, 2018, 10:57:09 AM

There is a lot of talk about institutional money coming into btc. Does anybody think they wana buy it for 20k? They have money and resources to make a dump. If we want mass adoption and big money flowing in we have to expect things like this.

Things like this is inivitable because  big fishes have lots of money and they have the right to do what they wants with thier riches.  The dump is expected, let's us be aware of it and take advantage.  We might become rich also, no one can say.


full member
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
March 12, 2018, 05:18:48 PM
#83
There is a lot of talk about institutional money coming into btc. Does anybody think they wana buy it for 20k? They have money and resources to make a dump. If we want mass adoption and big money flowing in we have to expect things like this.

If billionaires is buying bitcoins at the prices right now then they are really greedy about the money and they want to become like somehow a god. Those billionaires can actually change the world and make it a better place if they are going to give people some of their wealth.
member
Activity: 448
Merit: 17
March 12, 2018, 05:16:55 PM
#82
There is a lot of talk about institutional money coming into btc. Does anybody think they wana buy it for 20k? They have money and resources to make a dump. If we want mass adoption and big money flowing in we have to expect things like this.
is there any good news or is the investor in spirit?
20k BTC is a very big number for me
even now, to get 1 BTC, I have to work for many years
hopefully this can raise the trust of BTC in the eyes of investors
full member
Activity: 728
Merit: 103
March 12, 2018, 05:13:07 PM
#81
This is good and bad. These investors are clearly whales that are going to cause even wilder swings in the value of this coin. When one whale decides to take a dump, so will the other whales. If you can follow the pattern and swim with them then big profits can be made, but you need a lot of time to keep up with the trends
full member
Activity: 476
Merit: 100
March 12, 2018, 04:40:35 PM
#80
There is no stopping billionaires buying bitcoin. Investor, businessmen, billionaires are all into money making potential. Bitcoin has gone to 20k which is multiple fold just few months ago. So not surprising they would want a piece of profit as well by jumping into the bandwagon.
Yeah everyone want to be rich even the rich people want to become more rich, a person will never say it that he is rich enough, so it is the main reason most of the billionaires are investing in bitcoin there is no restriction for them to use bitcoin, anyone can buy bitcoin and can invest at anytime, if the ballooners will invest in bitcoin it will make them millionaires very fast after the investment of one year or maybe two but it will make them more rich, several billionaires in my place are generated from bitcoin investment and I am also going to be rich soon with my bitcoin investment.
sr. member
Activity: 574
Merit: 256
March 12, 2018, 02:46:59 PM
#79
yes, they are, and they are also trying to manipulate the market since the beginning.
There was a report by one of the investigative journalist regarding how these rich people try to manipulate the bitcoins and the prices and I want to share the gist of that. So what happens is that firstly they make a group and start the purchasing, suddenly the worth of the bitcoin rises due to high demand, and then small investors also jump in to take advantage of the market situation, that is the time when that “rich group” sale their bitcoin.
member
Activity: 406
Merit: 10
March 12, 2018, 08:02:41 AM
#78
That is why the rich are becoming richer every day and the poor are poor they have their own way of overtaking the business market so it no longer a surprise
hero member
Activity: 1273
Merit: 507
March 12, 2018, 07:43:56 AM
#77
There is a lot of talk about institutional money coming into btc. Does anybody think they wana buy it for 20k? They have money and resources to make a dump. If we want mass adoption and big money flowing in we have to expect things like this.

Bitcoin created billionaires and also billionaires has an effect on the marketplace , even the currency is unstable still they wanted more , and if billionaires or the whales leave , or panic sell it can cost a lot of damage through bitcoin price and that's why our demand on the marketplace is volatile.
member
Activity: 266
Merit: 10
March 12, 2018, 07:38:38 AM
#76
It's clear they will buy the bitcoins large and a lot because in the price they fall right now and they all sell because of fear.
member
Activity: 400
Merit: 59
March 12, 2018, 07:28:12 AM
#75
Well this is true, billionaires are the reason why the bitcoin reached $20000 last year. Millionaires and groups of wealthy people which we so called institutional investments, they are pretty scattered around the globe. Billionaires have the shares for more than the 50% of the total circulating supply of bitcoins but somehow they give us chances to get profit out of bitcoin and we are benefiting from them.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
March 12, 2018, 06:48:28 AM
#74
Personally, i think that bitcoin is the future currency. It is still not well known today, but once it get the reputation it needs, it will make a huge impact on the world. So, no wonder that billionaires are buying it or investing their money in it. It is a good sign actually.

We still don't have much proof for this investment by the billionaires. I am not sure whether they are pumping considerable amounts in to crypto, as the exchange rates are remaining at sub-10K levels.
newbie
Activity: 238
Merit: 0
March 12, 2018, 06:35:05 AM
#73
It's always been because of the billionaires. Money is breaking the market by entering and leaving.

They are paying so much money that prices hit bottom.

The future of the market is not good at all.

full member
Activity: 308
Merit: 120
March 12, 2018, 06:28:39 AM
#72
Personally, i think that bitcoin is the future currency. It is still not well known today, but once it get the reputation it needs, it will make a huge impact on the world. So, no wonder that billionaires are buying it or investing their money in it. It is a good sign actually.
member
Activity: 532
Merit: 15
March 12, 2018, 06:15:41 AM
#71
yes, they are, and they are also trying to manipulate the market since the beginning.
full member
Activity: 560
Merit: 104
Eloncoin.org - Mars, here we come!
March 12, 2018, 06:10:35 AM
#70
Actually, I have no idea about it but I think it was or it will can happened. because bitcoin price so high & it really huge profitable so. it will i think that.
jr. member
Activity: 70
Merit: 3
March 12, 2018, 06:00:35 AM
#69
For billionaires, making investment in bitcoins seems to be more correct. Even if they make some loss, it will not make much difference to their lifestyle.

I think different type of billionaires will approach this is different ways:

1) Someone who has become a millionaire only by his hard work and started from a very small capital will be very careful with any money he is spending no matter what is his current net value. Another thing we should not forget that such a person will already have a lot of successful business working for him which require continuous investments. He will always give preference to these while investing money in comparison to bitcoins.

2) Then we some people who inherited a lot of money. Such people may like to invest in risky things like bitcoins.
member
Activity: 196
Merit: 23
Large scale, green crypto mining ICO
March 12, 2018, 05:33:31 AM
#68
There is a lot of talk about institutional money coming into btc. Does anybody think they wana buy it for 20k? They have money and resources to make a dump. If we want mass adoption and big money flowing in we have to expect things like this.
They will not be buying Bitcoin because it is messy, unregulated and highly technical business as things are currently, and the exchanges are scam purpoteurs or fall victims of scams more often than not. This is why the derivative instruments have been introduced, and this is why that the institutional money will be buying future contracts (for the price of bitcoin).

The derivative instruments don't influence the price directly, but rather they offer means to gain (or lose) as base instrument price changes.

So I am not so sure if we, as a community, should be afraid of institutional money, at least for now.
member
Activity: 140
Merit: 14
March 12, 2018, 05:31:22 AM
#67
I think billionaires started to sell bitcoin so the price would drop and now they will buy even more they initially had. They will always buy bitcoin

Dumps are officially over and we can already see the jumps in the price of all the coins in the market especially the Bitcoin with the 12% rise in the market. Billionaires have enough money to buy large portions of the Bitcoin and there are maybe the ones that are using this same opportunity to make the crashes. We are always presented with the news by the media about the cause of the recent crashes.
Currently, the reason for the recent crash was exchange by the media claiming.
This news ain't exactly correct and some bigger plans are being conducted behind the curtains.
Billionaires could possibly have their fingers in this happening.
The ones who have the money are always hungry for more and cryptomarket is providing the opportunity to make the huge amount of the profit because of their already pumped financial situation.
member
Activity: 350
Merit: 10
March 12, 2018, 05:18:30 AM
#66
There is a lot of talk about institutional money coming into btc. Does anybody think they wana buy it for 20k? They have money and resources to make a dump. If we want mass adoption and big money flowing in we have to expect things like this.

As we know billionaires have a lot of money so i think they the responsible for dumping bitcoins and buying when the price begins to drop. They will not buy at 20k but instead they are selling when that price will hit at highest. Yet nobody is able to pinpoint how they do it but i guess these billionaires are making the price fluctuate.
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