Do you think billionaires invest in BTC? - page 143.

Intersan

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Quote from: thymeow on June 09, 2017, 02:37:08 AM

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

Good question anyway. Yes, some billionaires or millionaires knows that bitcoin exist. They also know that it is good to invest in bitcoin. Some of them knows that bitcoin exist but knows nothing about it. For example is ETF, it is an ICO that enables unknown investors who have no idea about bitcoin and who just care about the profit. Billionaires can be included in this since they just have to invest in ICOs and they have the money for investing. It is not important if they know what bitcoin is, they just care about the profit.

But I also think that if someone is going to invest, they would not just trust their money to someone or to anything without checking it background. A true investor studies everything before investing.

Insanerman

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I think yes, there are already many news about business men are investing in bitcoin. BTW the latest person who invest all his share in bitcoin is an IT person from Netherlands

There are person who already acquire or spread their assets on cryptocurrency and its a fact.

Heyyyrenz

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yes ofcourse billionaires knows that bitcoin exist you can't hide the value of the bitcoins to the eyes of the billionaires (businessman) they always find away to grow their monies they it's not impossible that the billionaires will invest a big amount of money in btc since cryptocurrency world is a world for business and money.

Wipro

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Quote from: fikihafana on June 10, 2017, 01:47:09 AM

If i'm a billionaire, i saw btc have a promising future, big community, so i will invest some million in bitcoin. Investing million wont make billionare poor

Actually they were investing on bitcoin from the past 2 years. Therefore, fees has been increased in the chart now. They were organize a mining platform and making profit easily with the fees. World's top corporates such as Microsoft, HP, Dell, Apple and many more accepting bitcoin from last year onwards.

Dontme

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BTC is really expose now a days and it is not hard that billionaires will know about it. I think many of them are now start to invest in BTC but not them all. In over 100% billionaires I think only 30% of them will join to invest in BTC. Because some of them are just only sticking in their businesses and sticking in their common pattern when it comes to business. I beleive that they become billionaire because of their own strategy. Every business man has their own strategy in business. So, we can face the fact that not all billionares invest in BTC.

batang_bitcoin

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Quote from: thymeow on June 09, 2017, 02:37:08 AM

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

Look at the market cap of bitcoin, I'm sure that there are billionaire/s who invested to bitcoin. And they are sighting a big advantage for investing in bitcoin and while it is still early they entered into it. Billionaires are becoming richer because they have sources about profitable things and they need to invest once it's clear to them, so I think they know bitcoin.

Shiversnow

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Quote from: fikihafana on June 10, 2017, 01:47:09 AM

If i'm a billionaire, i saw btc have a promising future, big community, so i will invest some million in bitcoin. Investing million wont make billionare poor

I do agree. That's why billionaires don't stop investing wether it's realesate related, stock market related and crypto currency related. They became rich becsuse they are not affraid of risking woth their investment which they are currently taking as an advantage.

fikihafana

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If i'm a billionaire, i saw btc have a promising future, big community, so i will invest some million in bitcoin. Investing million wont make billionare poor

Krillin61

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Quote from: thymeow on June 09, 2017, 02:37:08 AM

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

I don't see any reason why not as we can see that bitcoin is the most promising investment of all time this year. As I what I have researched, billionaires have already invested in bitcoin in previous years which cause to become richer as they are currently holding it.

digaran

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I doubt if poor people and beggars are the ones currently buying and trading Bitcoin, of course billionaires know about it who do you think is causing the price to rise at the current crazy pace? not the bare feet people from India obviously, there are about one thousand investors, the serious ones are hoarding Bitcoin in bulk, cough govs cough.

ilovefeetsmell

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Quote from: Barbarian on June 09, 2017, 11:02:47 PM

They have too much money, they will need for bitcoin to grow a lot more before you see billionaires entering the market, they could invest a few million but to them that is nothing.

I think so, billionaires invest their money to grow or expand their money. So, they will also know about bitcoin. They also invest their money into this to earn more money. They are professionals when it comes to money. Billionaires know how to handle and manage their money so I believe them that they have knowledge on this. They need to grow their money as much they can. Being practical in life and money is a key to success.

DrGuns4Hands

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Yes most of the millionaire and billionaire are investing here in bitcoin. It's not a big thing if the bitcoin is crashing down because vice versa, it's good also for others or for us to purchased more so that those billionaires and millionaires out there can be one of us some day. Just be optimistic

coynedterm

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Quote from: syarifbitcoin on June 10, 2017, 12:01:43 AM

The average billionaire likes investment
So the answer of course, bitcoin is the best investment besides gold Cool

Yeah , most of the millionaire are making investment in the Bitcoin and also in the cryptocurrency .
Earlier I was thinking that rich people don't know about this but one of the person who was rich (.was friend
In my school time ) already knows about it and he was making lots of money from.the long times .
So I was totally late in this field according to the entry timing of my friend .
My friend recently told me that don't take any tension about the Bitcoin legality and non legality because
Lakhs of the rich person invested his money in millions in the Bitcoin and other altcoins , so they will fully
Support Bitcoin and they will.insist the government of the country for the legalisation .
Overall here in this field are many rich persons and we don't need to take any tension about this more .

syarifbitcoin

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The average billionaire likes investment
So the answer of course, bitcoin is the best investment besides gold Cool

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Quote from: thymeow on June 09, 2017, 02:37:08 AM

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

I think only few of them knows about it , because in my community every millionaire and billionaire don't know about the Bitcoin .
But when I explained them then they got much interest in this field and made much earnings in these days and some friends in his friend circle are thinking to start own exchange ( that is really a big impact of the Bitcoin at Thier mind ) .
So only few of them knows about it , but who knows about it are investing in thosands of dollers , and making millions in months .
But here I am thinking after this ransomeware attack the many rich persons cames to know about this and now they started investment in this and that results into increase in the price .

The Sceptical Chymist

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If they do, it's a small amount. People with billions of dollars don't make it their life's goal to double that--their goal is to protect all the millions/billions they already have. And the absolute worst way to protect wealth is to invest in bitcoin. You guys know damn well how volatile it is. Imagine having a few million dollars' worth of bitcoin and then watching it drop by 25% or more in a single day. There's no way some financially-literate rich person is going to invest in bitcoin unless he can hedge his bet. And I don't know that there's a way to do that.

hatshepsut93

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I think billionaires really don't like to risk, they prefer stable investments so Bitcoin might sound too risky for them. Maybe some have Bitcoin as a small part of their portfolio, but nothing too big. Also, I think many billionaires are older people, and older people are usually not interested in new technologies.

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Quote from: thymeow on June 09, 2017, 02:37:08 AM

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

Some of them knows it and some are not. I think those billionaires who are so busy with their job didn't have time for bitcoin. But for those who have a free time in their office maybe they still invest in BTC.

Barbarian

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They have too much money, they will need for bitcoin to grow a lot more before you see billionaires entering the market, they could invest a few million but to them that is nothing.

Yakamoto

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Quote from: thymeow on June 09, 2017, 02:37:08 AM

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

There's a high chance they have at least some of their portfolio holding Bitcoin, but they 100% know Bitcoin exists and they probably watch it (well, have someone else watch it) most of the time. There's a fair amount of money to be made in Bitcoin for them and they likely wouldn't mind getting involved in something like Bitcoin.

If I remember correctly there were some investors that had made comments about Bitcoin in the past that were very high-profile.

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