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Topic: Is this a new BIG BTC buy signal??? - page 3. (Read 886 times)

member
Activity: 439
Merit: 10
January 17, 2019, 07:38:39 AM
#69
If it is not a rumor, it may well affect the market. After all, this is a fairly large amount, which should definitely pull the price of bitcoin up. But unfortunately it is unlikely that this is true. I think it's an just rumor.
full member
Activity: 1750
Merit: 118
January 17, 2019, 07:06:09 AM
#68
Russia is not going to do this, but if anyone is having the plan to buy huge volume, you won't see it on a news website or anywhere unless the market is responding to such event. One should not blindly follow external news if he is taking any investment decision, fundamental or technical analysis is a wise method to do research. I won't call it a buy signal at all.

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Russia is not going to do this,

russia is a controversial country and they can do anything what they want .

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but if anyone is having the plan to buy huge volume, you won't see it on a news website or anywhere unless the market is responding to such event

yes we wont see it if they wont publicitize thier moves . we can only see it reflecting on the price charts  . if someone buys a huge volume then the price can skyrocket  immediately  .

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One should not blindly follow external news if he is taking any investment decision,

why not ? if they news if confirmed to be legit , then theres nothing wrong to follow it   . news can be a good source for making your next move  .
hero member
Activity: 1190
Merit: 534
January 17, 2019, 06:53:54 AM
#67
Russia is not going to do this, but if anyone is having the plan to buy huge volume, you won't see it on a news website or anywhere unless the market is responding to such event. One should not blindly follow external news if he is taking any investment decision, fundamental or technical analysis is a wise method to do research. I won't call it a buy signal at all.
copper member
Activity: 593
Merit: 10
January 17, 2019, 05:41:10 AM
#66
maybe it's just rumors but that will be the way how bitcoin will grow in the next time, but don't forget to jump or maybe you are stuck in the news then careless in trading activities.
full member
Activity: 479
Merit: 105
January 16, 2019, 10:24:45 AM
#65
No one can answer this for sure but IMO, it's still to early to decide.
Maybe another few month, the market will reveal the truth but I have feeling that downtrend will keep happening until the end of the year.
I can be wrong by the way so it's your decision
Maybe that can happen. We cannot predict how long and how much it gonna down, still better prepare. Even today is good time to buy bitcoin. The price is very volatile on the market which has high risk to invest but it depend on us to decide what to do. Maybe do not wait long to make a decision because you do not even know if the fall happen until the year end again, if not you gonna regret the opportunity.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 16, 2019, 09:03:27 AM
#64
I think we can all pit basis on the present price of the bitcoin today. If we are going to analyzed the price we can surely say that we are now in a very big advantage of buying. If we buy more today and hold we can maybe make a huge amount of profit during the price rise. But the only obstacles here is that we don't really know when will be the exact time of the rising of the crypto coin.

Lol. People who were saying they should have bought btc years ago probably have forgotten their sentiments 🤣 when the price spirals down, most of them forget about buying low and focuses on whining how it's the end for btc.
hero member
Activity: 2828
Merit: 518
January 16, 2019, 09:02:19 AM
#63
no need to take it seriously, It seems a rumor to me.
There is no need to dig deeper about this thing cause it only just a news, it is doubtful for the execution. Though Russia have the capable for, but it could be big enough for them to get trust into crypto.
There is no need for Russia to compete with US in this terms, but maybe in the other ways.
With all these facts, lets see what will happen next since the market is still silence and no pumps happen.
jr. member
Activity: 336
Merit: 1
January 16, 2019, 08:40:29 AM
#62
russia buying bitcoin could probably be a rumor a government buying bitcoin for 10 billion dollars may nt be true some fomo related news rumored from russian sources
member
Activity: 255
Merit: 12
January 15, 2019, 10:38:55 PM
#61
This is one of the things that is killing and affecting the crypto space. People are just interested in spreading speculations that have no internal relevance about the crypto ecosystem. Such speculations kinda discourages people from joining and supporting the entire crypto movement. I don't see this info helping bitcoin and the entire crypto space if it was to be true.
sr. member
Activity: 1148
Merit: 300
January 15, 2019, 10:24:36 PM
#60
I think we can all pit basis on the present price of the bitcoin today. If we are going to analyzed the price we can surely say that we are now in a very big advantage of buying. If we buy more today and hold we can maybe make a huge amount of profit during the price rise. But the only obstacles here is that we don't really know when will be the exact time of the rising of the crypto coin.
full member
Activity: 574
Merit: 100
Bitway.net - The Best Bitcoin Mining Network
January 15, 2019, 08:49:51 PM
#59
I heard Russia want to change their payment transaction for selling or buying at other country by using bitcoin, they want to change with payment system by USD and its the best solution how to make bitcoin will growing up again.
member
Activity: 756
Merit: 12
January 15, 2019, 08:31:22 PM
#58

It will be huge news for cryptocurrency market and i think its start of bitcoin era if this happen. Bitcoin will be used by government if Russia Government buying bitcoin and i am believe the future of bitcoin will be good
full member
Activity: 798
Merit: 100
January 15, 2019, 03:50:41 PM
#57
We have long been convinced that not all news should be trusted and not all of them can somehow influence the market. Regarding this news, I think it would clearly be able to move the price of bitcoin up if it true. As many have said above, it is better to analyze charts. It will be more useful and more reliable than some news.
legendary
Activity: 1890
Merit: 1003
January 15, 2019, 03:20:21 PM
#56
This value is equal to high percentage of market cap of BTC which is about 65 billion US Dollars. There is no way to buy such amount of BTC without causing a price rise. Russians are not so stupid to invest their money only one asset and this claim can only make them laugh.
Big rumours like this can cause big impact on the markets. As you mentioned it is not simple like that to announce the buying intention and increase the price Huh. 'Buy the rumor, sell the news' is known trading strategy and spreading this kind of news can be caused by  several external and internal factors which can't get disclosed.
sr. member
Activity: 1193
Merit: 251
January 15, 2019, 02:35:23 PM
#55
Apparently, Russia helped Venezuela and invested 6 billion in them. Nowhere is it indicated how the tranche was implemented.Perhaps for these purposes and was used bitcoin.Perhaps Russia is going to help some other country.In addition to this option, alas, I do not see more other alternatives. Just so send 10 billion to Bitcoin, such a country cannot. This is at least impractical.
hero member
Activity: 896
Merit: 630
January 15, 2019, 01:56:06 PM
#54
This value is equal to high percentage of market cap of BTC which is about 65 billion US Dollars. There is no way to buy such amount of BTC without causing a price rise. Russians are not so stupid to invest their money only one asset and this claim can only make them laugh.
sr. member
Activity: 798
Merit: 258
January 15, 2019, 01:23:36 PM
#53

If that's really happen, why the price value in the market is not showing a bit changes for that news. It means, nothings happens yet, but as this point of time it is a good opportunity to buy bitcoin now while the value was cheap then hold before its too late when bull run comes at the right time we didn't expect to be happen.
sr. member
Activity: 588
Merit: 250
January 15, 2019, 12:47:29 PM
#52
this is just a rumor there is no clear certainty, if the government is proven to buy very large bitcoins it is good for the crypto world because there is already a government that looks at bitcoin
member
Activity: 714
Merit: 10
January 15, 2019, 12:33:19 PM
#51
The fact that the Russian government is interested in the crypto market and bitcoin in particular is a good sign. But I think that buying bitcoins for several billion dollars is another duck to maintain interest in bitcoin.
member
Activity: 420
Merit: 20
simply getting the job done
January 15, 2019, 12:32:30 PM
#50
This news has already been discussed by many renowned people from the crypto community, but if you seriously look into it, it’s no more than just words. Information about the purchase of Bitcoins by Russia came from an ordinary minister who does not have the power to make such decisions. Usually, such decisions are made by the Minister of Finance Anton Siluanov, the head of the national bank, Elvira Nabiulina, or ministers having a significant role in the Russian internal political system. Most likely, the words of this person can be considered only as a personal opinion or wishes, but certainly not as a fact that such conversations are conducted within the top of the country.
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