Topic: George Soros "getting ready" to trade cryptocurrencies (Read 400 times)

Hedge fund managers and Wall Street big financial institutions are getting ready to trade cryptocurrencies in large we can see billions of dollars inflow in crypto currencies market

Yeah, seems a good news that is why the market affected and btc's price pump but not that too high. I don't think he will just  do bitcoin trading. Maybe he'll trade ethereum and other potential coins as well. I believed,  Soros already changed his mind after calling bitcoin as a bubble because he saw the improvements and strong impact of btc in the investors.

George Soros called cryptocurrencies a bubble in January. Presently his $26 billion family office is wanting to exchange the digital resources.
Soros, talking at the World Economic Forum in Davos, said advanced coins can't work as genuine monetary forms in light of their instability. However, he didn't foresee the hard tumble that a few eyewitnesses had conjecture at the time.

If GSoros is a big player then, another potential whales are in town. What else, only whales (big players) have the ability and capability to manipulate the market because of huge funds they own in trading cryptocurrency. DO not expect them to turn holy when they want to play the market and make it rise and make it fall. They know that the market is their milking cow.

if soros really invest in cryptocurrency, i think many investors will follow suit, maybe by hearing news they have started to invest, because they do not want to miss the moment

The entry of these celebrities into the encrypted world will certainly bring some benefits, they have a lot of money, and more importantly, their entry will lead to more investors. But let's not forget that they are bigger investors than whale, who are making money in the encrypted market.

Previously George Soros  said many times that crypto currencies are bubble but I think he will not effect much in crypto market,  crypto market is international and single investor can not effect whole market. It will be $ trillion  industry.

I've been seeing this for over a few days now and I remembered, didn't he gave all his money to his organisations a few months ago and said he's pulling out or something like that? I may be wrong but as much as he's evil he isn't stupid and would probably go in a little earler. Don't know, but I'm starting to doubt these news about Soros.

He is and he himself will never to trading.
Stop thinking, and not just you, that he himself is going to start trading cryptos 24/7 and watch charts on 20 screens in his office.
Remember that he is 87 years old, I doubt he is still in condition to stay awake 4 hours continuously, there are a lot of reports (confirmed) all he does lately is just supervise what his employees are doing and a lot more unconfirmed that sometimes he acts like he's already senile.

I doubt that he has got involved prior to the last spike as the volume is tiny in comparison to the volume of the markets his business is usually involved. Cryptos were just a drop in the ocean.


All the trades will be done by his investment funds, and he can hire as many traders with experience in cryptos as he wants.

And those thinking that he is going to "invest", no he is not.
He is just going to trade, just how people trade coffee beans or cow meat and they've never set foot on a plantation or an slaughter house.

Acctually, i never like that guy. This guy just want to make short profits and doesnt thing about affect on other investor. But in positive way, cryptomarket attracting many investor individual and institution. I am believe market cap on cryptomarket will jump high

I dont know if they pump from last days was from him or not but thats how it looks like. I think he is just testing te market to see how it reacts to trading since its company doesn't have a lot of experience with trading cryptocurrencies. If he will continue to trade bitcoin and other coins will surely help the market because his company worths billions of dollars and this can make a difference on the market.

If seen for the moment a lot of the market is starting to live again and everything looks fresh green. This might be one of the great impact to greet him and hopefully what happens is currently not just pump a heartbeat away.

i think to join in their group is very difficult, I'm sure their group is closed and not everyone can join. but we can see latest news being released, so it can predict in the future about that movement of coins

Yeah, what gains? A drop of 7% on the last 7 days ?

When the news came out on the 6th Bitcoin was at around the same level as today 6700 it actually took a dive after and recovered briefly. News like this have stopped influencing prices a long time ago, especially since most of it were rumors and there was nothing official coming from his investment funds.


Name one!

And yeah, people would welcome even Hitler if he were to shout "Heil Bitcoin", or "Bitcoin uber alles !"
99% of people right now are interested only in the price and the gains.
If you say in a thread that you use bitcoins for purchases you're labeled an idiot for giving away your coins by a myriad of newbies who sleep with 100 copies of their paper wallets holding 20 satoshi under their pillow and dream of buying an island with a militbit.

George Soros is getting ready to trade with crypto currency that is a good achievement, we will see more like this in future that has a great impact on Bitcoin popularity. We have been with such news in the past that KFC and many high trading companies are using Bitcoin payment or transactions.

Furthermore Bitcoin has impressed the CEO of Twitter and Square s he announced to work in order to manage new features for Bitcoin connection. These all are the achievements of Bitcoin and that is what Bitcoin deserves as it is the need of every body now.

George Soros, Rothschilds and other mega investors coming in..So The Illuminati had woken up to bitcoin..LOL..

Conspiracy theories apart, it looks like they have finally found this to be the right entry point. They must have decided that they cannot take a chance with letting go off something like bitcoin that can have far reaching implications for them in the long run.

Now the question is that even if they enter and hold huge amount of this decentralized currency, what effect could they have on a crypto-based future. As long as bitcoin is PoW, I don't think individuals holding huge amounts can be a problem except through market manipulations.

These people maybe good but are they god enough to manipulate the market always to their advantage? We see speculations about these coordinated pump and dump scenarios. Over the years, it has been confirmed that the more this happens with bitcoin, the more popularity it gets. The kind of people who are holding considerable amounts of BTC as individuals are diverse enough to defend from any sort of coordinated whale attack.

Now if they enter with the view to use the volatility to their advantage, we'll soon see regulations on trading similar to the stock markets. The one thing such news will speed up is regulation and possible recovery.

Though if the illuminati conspiracy is true, they may already have huge stocks of BTC with them cuz then they'll be the one behind Satoshi anyways!! 

A big whale is added. Can we wish that they can create a group were we can join. So that for us smaller trader can go on the flow on market and be successful. Just a thought.

The impacts of this, are affects positively on the credibility of cryptocurrency business, that more high profile rich people are also next to follow on what George Soros doing, it would also affects the popularity of people trust to cryptocurrency business.

George Soros getting into the bitcoin market is just an indication that the big players have started to notice the market and its potential which is why you should hold on to all of your coins and wait. This might mean we will see a price hike soon enough.

We're not going to welcome him with a red carpet are we? The crypto market has already seen many multi-billion dollar barons who have failed to get a grip in the already whale dominated market. Assuming that he is coming in with a plan in mind, it is still going to be hard for him to make big money as it is going to take lot of patience and effort to shake the markets.