Do you think billionaires invest in BTC? - page 138.

buenav

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Quote from: bitcoin31 on June 13, 2017, 03:52:08 PM

I think they have few billionaires here in bitcoin world . Because the price is continue increasing and thats good to us if they have billionaires because if bitcoin decrease the price those billionaires for sure buy a lot of bitcoin so the price will increase again.

Exactly, rich people like making money and are just now starting to discover they can do that with bitcoin.

bitcoin31

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I think they have few billionaires here in bitcoin world . Because the price is continue increasing and thats good to us if they have billionaires because if bitcoin decrease the price those billionaires for sure buy a lot of bitcoin so the price will increase again.

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Quote from: Zenithar on June 13, 2017, 03:18:59 PM

Quote from: tabas on June 13, 2017, 03:08:46 PM

They are rich and their goal is just to make more money and even they are billionaires, their mindset is all about business and investments. And pretty sure that they are already in. There are two types of whales in my point of view, those who bought a lot of bitcoins when the price is still low and those whales that are real life billionaires.

and in fact they have more opportunities and chances to make more and more money from bitcoin. because they can invest any amount from bitcoin they want. and therefore their profit will also be great. they also can hold their bitcoin for a long time as compare to average people who when feel the need for money to they have only one choice to sell their bitcoin and use the money to fulfill their requirements. but the billionaires donot need to sell their bitcoin because they have a lot of saved money which they ccan use for their use.

Yes that's what we call flexibility. Bitcoin is very reliable and flexible and it's in favor to all of us as it has the decentralization and though it's transactions are traceable but still it's anonymity is good for those billionaires to hide their shares and total wealth. I think they are not just totally holding their bitcoin, they are one of the price movers.

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Quote from: javalemcgee on June 13, 2017, 03:06:41 PM

Of course they do. Not only bitcoin, they probably make investments in ether and some other altcoins as well. But this is not announced publicly.

I doubt that they are investing their money in bitcoin because I have noticed that there are many other projects which are better and can make the world better, not only bitcoin. Most of the billionaires love to invest their money in education and medication

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Quote from: tabas on June 13, 2017, 03:08:46 PM

They are rich and their goal is just to make more money and even they are billionaires, their mindset is all about business and investments. And pretty sure that they are already in. There are two types of whales in my point of view, those who bought a lot of bitcoins when the price is still low and those whales that are real life billionaires.

and in fact they have more opportunities and chances to make more and more money from bitcoin. because they can invest any amount from bitcoin they want. and therefore their profit will also be great. they also can hold their bitcoin for a long time as compare to average people who when feel the need for money to they have only one choice to sell their bitcoin and use the money to fulfill their requirements. but the billionaires donot need to sell their bitcoin because they have a lot of saved money which they ccan use for their use.

tabas

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They are rich and their goal is just to make more money and even they are billionaires, their mindset is all about business and investments. And pretty sure that they are already in. There are two types of whales in my point of view, those who bought a lot of bitcoins when the price is still low and those whales that are real life billionaires.

javalemcgee

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Of course they do. Not only bitcoin, they probably make investments in ether and some other altcoins as well. But this is not announced publicly.

kidoseagle0312

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Quote from: thymeow on June 09, 2017, 01:37:08 AM

I just always wonder if those billionaires still invest in btc. Do they even know btc exist?

If Millionaires are investing into Bitcoin nowadays, well billionaires also inves unto it also. In fact,
there are biggest company now international are getting into bitcoin, because it is really trending into our times. And of course, they about in bitcoin too.

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I'm sure yes, billionaires definitely invest in bitcoin because they are more observant in looking at global business opportunities with very big funding support.

warrior333

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Now all invested in bitcoin. I have no doubt that billionaires are no exception. They are familiar with the trading on the stock exchange, they have their own brokers and they will not miss the opportunity to capitalize on the fluctuations.

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Quote from: thymeow on June 09, 2017, 01:37:08 AM

I just always wonder if those billionaires still invest in btc. Do they even know btc exist?

Just the other day I saw an article about Steve Wozniak the Apple co-founder talk about bitcoin and how he bought some bitcoin to experiment with it and this goes to shows bitcoin goes unnoticed of course he might not be in the billionaires club but him showing some sort of support shows the influence bitcoin has and billionaires are not left out and I believe they too invest in bitcoins.

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Quote from: SaShiRaJaVu on June 13, 2017, 11:51:06 AM

Quote from: pitiflin on June 13, 2017, 11:16:43 AM

No,billionaires don't invest in bitcoin,as bitcoin is relatively small,also the moment they start investing in bitcoin the price would be towards the ceiling and bitcoin then would be mostly owned by billionaires and not by normal people who want to earn a living by the means of bitcoin.Bitcoin may or may not be known by billionaires,but they are not the reason for bitcoin's growth.

If you are following the news then you would say other ways,just recently Apple's co founder Steve Wozniak said that he purchased bitcoin for fun and there are other millionaires who have invested in bitcoin,Bill Gates for one has invested in bitcoin ,but they have not revealed how much they have invested in it,but i am pretty sure they have invested just to understand the technology.

Yes I agree with you that they bought some just to understand it or have a ride with it. But I do not think that they would do some investing, gambling, trading like what bitcoin people usually do. They are into it for understandingnit and to have some fun. They are too rich to draw their attention to bitcoin but they still have some of it.

SaShiRaJaVu

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Quote from: pitiflin on June 13, 2017, 11:16:43 AM

No,billionaires don't invest in bitcoin,as bitcoin is relatively small,also the moment they start investing in bitcoin the price would be towards the ceiling and bitcoin then would be mostly owned by billionaires and not by normal people who want to earn a living by the means of bitcoin.Bitcoin may or may not be known by billionaires,but they are not the reason for bitcoin's growth.

If you are following the news then you would say other ways,just recently Apple's co founder Steve Wozniak said that he purchased bitcoin for fun and there are other millionaires who have invested in bitcoin,Bill Gates for one has invested in bitcoin ,but they have not revealed how much they have invested in it,but i am pretty sure they have invested just to understand the technology.

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Quote from: thymeow on June 09, 2017, 01:37:08 AM

I just always wonder if those billionaires still invest in btc. Do they even know btc exist?

I don't think so, even they have no idea regarding to bitcoin they will go to invest in bitcoin. Like what I said of my friend, many investor in bitcoin have no idea reagarding this, they only know is to increase their capital and get a profits. But I think other investor or billionaire get an idea before they invest, to be successfull they need to study the business. Additionally, they don't want to lose their money. Since, it is not popular to other, investor need an information about bitcoin, on how to earn using this or if this is true/proven that this is legit.

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No,billionaires don't invest in bitcoin,as bitcoin is relatively small,also the moment they start investing in bitcoin the price would be towards the ceiling and bitcoin then would be mostly owned by billionaires and not by normal people who want to earn a living by the means of bitcoin.Bitcoin may or may not be known by billionaires,but they are not the reason for bitcoin's growth.

hawthelegend

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Most of you guys have great opinions about this,
And i agree to some, but by understanding people today,
I realized that almost everyone does something illegal or bad
habits that they do not want to be found out, specially the rich
and the famous. So, as we can see, bitcoins can make anyone
almost perfectly anonymous(that is if you know how to) right?

Now my point here is this, rich people who have bad vices or addictions,
Would obviously find it hard to stop what they have been used to be doing
or in some cases, impossible. And let's face it, lots of people are pedophiles,
Necrophiliac, etc. some even love watching live tortures with them giving
the commands on how to do it. And I'd be damned if rich people(specially the
famous ones) that are part of all the people that I have mentioned wouldn't do
everything in their powersto hide their true selves from their family and friends
or other people.

So i think its just fair to not rule out that lots of rich people will be into bitcoins
in the future(for all i know maybe lots of influential people have already been using
bitcoins). But not for the purpose of profit though, but instead, for
the sake of fulfilling their wants and desires anonymously.

worldmobilecoin

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Maybe just to get onboard. But if you are billionaire, will you invest in BTC?

franco123

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Being a billionaire is really a big thing. In my opinion, billionaires do not invest in BTC. This is because they have the capacity to invest in other assets that can give them more return than Bitcoin. They have the capacity to take the risk of putting their money into high risk investments in order to have a higher return. Example of the investments that billionaires would choose rather than Bitcoin are real estate, stocks, bonds or own business.

Monnt

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Quote from: thymeow on June 09, 2017, 01:37:08 AM

I just always wonder if those billionaires still invest in btc. Do they even know btc exist?

Yes of course they do, but may not declare it in public. As some people pointed out, there are unconfirmed reports of facebook founder Mark Zuckerberg investing heavily on bitcoins. So is rumor of some other magnets. And why wouldn't they know about bitcoins? They know all the latest trends and opportunities in money and bitcoin is obviously on top chart.

UCHCHILD

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I think they will invest their money into bitcoin partly half of their money since it is fast making money thru profits it is making every seconds and minutes. Because even me, I will make the same way now if I have money and for sure it will affect very much the movement of the value, the big fluctuation will come it we invested a million of it, which can help to those with small holders, because of the rapid and fast increase of value.

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