Yes bitcoin has finally caught the attention of those big time business mens and corporations out there. Soon more and more business men and establishments will eventually do the same thing. Hope they can see the opportunities that bitcoin can offer and take advantage of it just like what we did.
Business are going to adopt bitcoin incredibly fast once there is a demand for them to do it, and for that we need the people to adopt it and many will not do if the business do not accept bitcoin, so in a way we are in a deadlock but it can be broken and I think that one of the biggest drivers of the adoption of bitcoin is going to be an economic crisis. 
Topic: Chinese Investor bought 10,000 bitcoin during the dip! - page 4. (Read 1904 times)
This man can be called a brave man. Other explanation of its risk (it is possible that justified), I just do not see.
When big investors join the bitcoin and crypto world, most people tend to believe the credibility of cryptocurrencies. Now I will study this issue more deeply
https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.
He is not a good investor or a positive thinker about Bitcoin, he's a whale and he's an expert in market manipulation. Big money transactions are usually market moves and people should be careful with this announcement. There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.
I thought that the bitcoins are strictly prohibited in china? But it seems like Chinese investors wsnt them after all because they always want what is good to their wealth.
ico's and some illegal business related to cryptos are only prohibited on china but other legit cryptos like bitcoin , etherium , ripple , etc. are not banned . thats why , chinese investors can still buy and sell them anytime of the day . however , i dont think this news is true because if it is really true then why bitcoins value is still falling? as far as i know , if someone bought a huge amount of coins , the value of those specific coins will also climb upwards due to the demand that they get .
For big whales like that it is nearly gaurenteed profit even if he only holds for a couple of days or weeks. How much he will still have in years to come will be interesting.
Indeed. I wish I could have that much money.
Also article says "He also pointed out that he has invested in multiple cryptocurrencies other than Bitcoin. Some of them are Theta, Ontology (ONT), Cortex (CTXC), ArcBlock (ABT), Zipper (ZIP), YeeCall (YEE), Dxchain (DXC), Charter (CAF). Some of these have brought him huge returns while some are still bleeding money."
So, I'm sure he definitely made a lot of profit.
I thought that the bitcoins are strictly prohibited in china? But it seems like Chinese investors wsnt them after all because they always want what is good to their wealth.
In my opinion, it is the wisdom in the money. Researching, understanding the market, knowing and understanding the psychology of investors is what they did to choose the good time to invest.
However, large amounts of bitcoin can easily lead to speculation, which destabilizes the crypto market. One of the main reasons has been the ebullient money market in recent years.
However, large amounts of bitcoin can easily lead to speculation, which destabilizes the crypto market. One of the main reasons has been the ebullient money market in recent years.
That makes perfect sense for those who have big capital considering the journey of bitcoin prices from year to year, a very attractive investment in my opinion and the profit of waiting in the future.
That's really great. He just needs to hodl some years to see a massive return. It means that he is confident that bitcoin could increase further. There are some smart people today who still have faith in bitcoin and believe that crypto is the new trend. It was clear he trusted his life in bitcoin.
he's a good indicator for the crypto market! The Chinese have been buying bitcoins very much lately! such low prices as now will never happen again! now is the best time to invest! I agree that many large players are also now buying large volumes. This may mean that soon bitcoin will grow in price!
I thought that the bitcoins are strictly prohibited in china? But it seems like Chinese investors wsnt them after all because they always want what is good to their wealth.1 electronic currency reached its lowest level in a year, falling below $ 6,000 in February, and then rising back above $ 7,000. At present, Cai's hoarding assets are worth about $ 96 million.
I think it's a great sign that big institutional money are interested in the crypto market and see a big potential in it.
Buy 10,000 Bitcoins easier than sell. Probably he knows why they need him. Maybe he's going to invest these Bitcoins in other projects?
The Chinese government has been encouraging people to invest in gold.
thats some smart bitcoiner!
For big whales like that it is nearly gaurenteed profit even if he only holds for a couple of days or weeks. How much he will still have in years to come will be interesting.
i'm really very much doubtful about the reality of this news because no one can still give any prove about this news and i must say we should not listen to the rumors.
I really don't find any relaiable source of this news but if it is true then i must say some thing big will going to be happen in the world of crypto currency.
this person will be a whale who controls the price of bitcoin, just imagine 10k BTC. This is ironic because the Chinese government clearly prohibits bitcoin transactions, but this does not seem to be an obstacle for Chinese investors to continue to participate in the crypto world. It was clear he trusted his life in bitcoin.
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