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Topic: Possible effect of potential billionaire investor? - page 4. (Read 656 times)

full member
Activity: 1232
Merit: 186
I never heard that name before but based on what you have said, I sensed that his statement opposing to btc at first is intentional (maybe i'm right or maybe I'm wrong with this). We all know that bad statements coming from well known economists, bankers and businessmen affects the market, I guess George Soros did the same way also to influence the price to fall down so he can have an opportunity to enter the market and maximimize his capital at the same time.

Well, if he plan to invest in btc then its price will pump up since $26 billion investment is huge.
hero member
Activity: 1582
Merit: 758
Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies.

How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again?

If he realize now that after his bully on Bitcoin that he could be one og the big whales and will earn then we could expect a slight fast moving of Bitcoin price because of his huge assets on his disposal. Lot of billionaires are now in Bitcoin in which we are just waiting for them to manipulate the price in which if that would happen then we join their game and ride unto it for us to earn huge too.
He was a bully on Bitcoin calling it a bubble constantly, whether it was on articles or twitter, it sparked up rumors and FUD. He possibly already tried to manipulate the market by his sayings, it's not a lie that it did affect the price. How can we possibly know that he isn't trying to manipulate the market again by flooding it with cash, rising the price, then selling and crashing it back down?
full member
Activity: 882
Merit: 104
I don’t consider George Soros as loyal investor, honestly with his controversial involvement in destabilising from country to country this won’t be a good things cryptocurrency. His idea of using money to manipulate things will only make this community more in danger.

First impression last as they say, for what he have said before their is a big possibility and other whales will dominate and manipulate to crash the market for his advantage.
Absolutely I agree because some whales are always manipulate the market for their own advantage. It's ok if their whales or investor in the market but the whales who's not always manipulate and take a advantage because they can help the small ones. I think that person cannot be loyal in crypto  if he have bad image in the pass.
full member
Activity: 630
Merit: 103
Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies.

How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again?

If he realize now that after his bully on Bitcoin that he could be one og the big whales and will earn then we could expect a slight fast moving of Bitcoin price because of his huge assets on his disposal. Lot of billionaires are now in Bitcoin in which we are just waiting for them to manipulate the price in which if that would happen then we join their game and ride unto it for us to earn huge too.
hero member
Activity: 1582
Merit: 758
Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies.

How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again?
I don't know much about Soros to be honest. However, supposing that someone actually invested millions of dollars in Bitcoin ($26 Billion sounds a little too extravagant to be exact), the first consequence would be a spike in price. Moreover, an investment like this would possibly attract media/investor attention, which could actually attract way more people into business and everything it entails.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
Yes, I've heard that today as well. My friend told me that a few more besides Soros is going in, I believe he mentioned Rockefeller as well amongst few of the names he mentioned.

As much as I don't like him for his politics and for funding various organizations, but if he's seriously going for BTC investment, I highly encourage him, all more of them, to do so. :p
sr. member
Activity: 462
Merit: 515
Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies.

How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again?

This looks more like a contrived story so far. If Soros were actually going to invest in crypto massively, the price would have surged already. But we are still stuck in a range where we have been trading for a couple of weeks by now (if not for longer). Obviously, the market doesn't believe that Soros is actually going to pour his money into Bitcoin, otherwise we would be in an uptrend today. So it is just a rumor intended to raise interest toward crypto but it seems like it didn't make it.
sr. member
Activity: 994
Merit: 252
No one has any more authority than anyone else. Anyone who wants to use bitcoin can. George Soros can't stop you from using bitcoin and you can't stop him either. Fair money.
The monopoly concept comes into my mind when I read a statement like this. The entry of some one who invest in huge amount or in bulk will rise the prices of the coin because he would hold a huge amount and in most such cases, he might become even the price maker. Correct me if I am wrong. This is because the aggregate demand and supply will be affected id he demands or try to sell. Such are the possible effects of the entry of potential billionaire investors
member
Activity: 448
Merit: 10
George Soros is an experienced speculator who has a huge financial resource. Now you can expect any scenario. There is no mechanism to protect against speculation on cryptocurrency exchanges. It's a Paradise for Soros and their speculators like him. We can expect more volatility.
Nevertheless, if these people help restore the equilibrium in the market, then Welcome. I personally very much liked the price of Bitcoin in the area of ​​20,000 dollars, and what is happening today is a collapse for all investors.
full member
Activity: 392
Merit: 137
George Soros is an experienced speculator who has a huge financial resource. Now you can expect any scenario. There is no mechanism to protect against speculation on cryptocurrency exchanges. It's a Paradise for Soros and their speculators like him. We can expect more volatility.
legendary
Activity: 2758
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies.

How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again?
although he interest to crypto trading but there is no guarantee he will spend very much money to buy bitcoin and also there is no exact data that he will consider to buy a lot of bitcoin if he serious about his opinion but indeed if this news true and he provide good review about bitcoin trading then probably other billionaire will following him so possibly downtrend will change to uptrend
full member
Activity: 476
Merit: 103
Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies.

How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again?
Investing with a huge amount is a way to attract people and make more profit. Such huge investments by billionaires are the  reason of  the price fluctuations. earlier when the price goes down. These billionaires invest in crypto currencies and own a huge number of coins which automatically decrease the supply and so the price increase. When people see that the price is increasing they invest in bitcoin again and when the price increased more those billionaires withdrew their coin which again makes the the price low.
legendary
Activity: 1862
Merit: 1015
I do not hear news about him, great effects, if he wants to invest, would indeed be there. odds on crypto including bitcoin is indeed very good and very promising, but I'm not sure a very rich as she is fully willing to invest his money in a very high risk. probably still a lot of things are more promising to be invested.

Either do I but if he has asset over $ 20 million, it's surely will affect on bitcoin value globally.
I can't wait to see another uptrend but it's become difficult when you're depend on 1 investor but it's will be easier for 1 government
full member
Activity: 238
Merit: 100
Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies.

How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again?


Well, the way I see it, this happening to the industry at a time like this would be really great. This would mean a huge push to the prices of bitcoins which then would drag all the other altcoins in this market to be valued even higher. This would eventually cause a domino effect in terms of investing because other billionaires will jump in also if they see that other billionaires are also making gambles in this industry. And then small people(investors), seeing the hype happening or the uptrend, will obviously be investing also which will make the prices even higher and attract even more investors.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
No one has any more authority than anyone else. Anyone who wants to use bitcoin can. George Soros can't stop you from using bitcoin and you can't stop him either. Fair money.
sr. member
Activity: 784
Merit: 250
I do not hear news about him, great effects, if he wants to invest, would indeed be there. odds on crypto including bitcoin is indeed very good and very promising, but I'm not sure a very rich as she is fully willing to invest his money in a very high risk. probably still a lot of things are more promising to be invested.
newbie
Activity: 2
Merit: 0
Most of you have probably heard about George Soros a billionaire who is reportedly taking an interest in cryptocurrency trading. Just before this event, he's been negative on bitcoin, calling it a bubble and etc, but with his sudden interest now in trading with his $26 billion assets, I guess we could probably say that he saw the potential of cryptocurrencies.

How do you think will this affect the market and all the user of cryptos? Can we expect a price spike in the market then after a while, a sudden downtrend movement again?

I doubt the credibility of this actually happening. Why will a sensible person announce it before investing as it can push prices up as a positive news.
jr. member
Activity: 185
Merit: 3
Maybe referrals could happen from his links to other people and they could also invest in here. I don't know how many stocks did he already invested at but as saying a billionaire investor in a context that will invest in this large game is an encouragement to other people also to invest just like what I had pointed out previously, the referrals. Externally from his link, other investor could hurriedly play the game and buy more before the price rocket gets lifted after George's initial ride in cryptocurrency.
full member
Activity: 1050
Merit: 100
He is a controversial figure, but he suddenly taking planning to put an investment in crypto with a reason, is a profit.
Surely yes, if he true confirmed entered the market, it will boost the fluctuation. But i don't see any related info's about waht and where coins are they planning to put the investment on.
we can only predict it, for that we have to buy some potential coins, so one of that coins may be intended to pump. if it is true one of coins we invested in pump, then we will get a big profit
sr. member
Activity: 448
Merit: 250
If George Soros starts investing in the encrypted currency, he will have a special guiding role for other big investment institutions and large investors. Many investors will be affected to pay attention to bitcoin. Of course, I hope this is just a conjecture, because George Soros often manipulate the market maliciously, which is perhaps a FUD made by whale deliberately.
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