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Topic: Billionaires buying Bitcoin - page 6. (Read 737 times)

member
Activity: 247
Merit: 10
January 18, 2018, 06:34:32 AM
#5
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
legendary
Activity: 3234
Merit: 5637
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January 18, 2018, 06:31:16 AM
#4
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 you think yesterday events have something with big players who want to buy large amounts of BTC and before that they crash price down I think that this is not the case.For them even 20k $ or more does not represent a problem,the reason is simple, they have huge amounts of money and what is expensive for the average people is actually cheap for them.

Dump is always orchestrated by big players who have power to move markets up or down-BTC is available to everyone,it can be bought by Bill Gates or you or me.I agree that we will see a lot of different manipulations in future,those who are aware of it will always make a profit.
newbie
Activity: 32
Merit: 0
January 18, 2018, 06:08:19 AM
#3
Dou you have any evidence to support this claim?
hero member
Activity: 3052
Merit: 651
January 18, 2018, 06:02:46 AM
#2
That is true.
The problem is with those new investors who dont know its history.
It will happen again and again if one big investor feels like it is enough for him.
There will always be a big dump since they have lots of it, add the miners who will need money to pay for their electricity consumptions.
member
Activity: 63
Merit: 10
January 18, 2018, 05:57:09 AM
#1
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.
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