The millionaire will contribute to increasing the demand for the cryptocurrencies in whichever currencies he invests in resulting in the rise of the values of those coins and the market cap would also start increasing and the circulating cap would also rise as more traders would start making trades through the coins during the skyrocketing period.
The bottom line is there will be a hot ambience in the market as it will start to gradually rise and get stabilized after a period of the currencies at high rates waiting to rise again until it attracts more such investors.
Topic: Possible effect of potential billionaire investor? - page 6. (Read 716 times)
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?
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?
Why the sudden U-turn though? Him and Warren Buffet has been attacking bitcoin specially during the height last December. Of course a billion thrown in the market will really change the complexion of the game. The price will start to pick up and soon we will get to 5 digits again. I really don't know if he really is going to invest on crypto, but if this is true then its the needed boost that we all have been waiting for.
I bet he has ulterior motives. But if by the time he puts his money in crypto we'll wait for that price increase. We really need more investment to increase the value of bitcoin so it will be of great help. But we have to be careful with his tactics. We just have to be ready by the time he will dump it.
He's known as a shorter and as someone who usually manipulates and crashes markets, so I doubt we'll see something positive from his adventures in the crypto market. Also, the timing seems odd, why would he want to invest now? In my opinion, I don't think someone like him would tell the average joe that he's going to start trading cryptocurrencies, I bet he's been doing it for quite a while now....maybe he's been shorting since January, who knows.
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?
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?
Why the sudden U-turn though? Him and Warren Buffet has been attacking bitcoin specially during the height last December. Of course a billion thrown in the market will really change the complexion of the game. The price will start to pick up and soon we will get to 5 digits again. I really don't know if he really is going to invest on crypto, but if this is true then its the needed boost that we all have been waiting for.
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 finds crypto more interesting to invest in terms of creating different companies using crypto transactions, maybe there might be a big spike in crypto because of it needs more crypto to transact, so the demand will get higher with this development. 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?
Maybe if this is indeed George Soros to invest billions of dollars, but for me it will not be a big spike, where bitcoin is now more money withdrawal, maybe for bigger spikes take a long time but very good for the future. but was very surprised that someone who spread the negative news but invested in cryptocurrency, maybe he was not aware of the true bitcoin strength, fed up with such people.
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?
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, that would be pretty much an interesting thing to happen because clearly, if this George Soros guy invests with billions, it will really affect the price of bitcoins big time or any altcoin in the market. Of course if the price increases, there will be a domino effect due to the fear of missing out which will drive the prices even higher. The only thing that makes me worry about this is what if this guy or a number of people like him that got into this industry decides to team up and do a pump and dumb scheme on this market. That would mean thousands of losses for small investors like us. Oh well, we'll just have to wait and see.
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?
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 there is truth in that he wants to invest in cryptocurrency I think that does not change things dramatically,it is probably very small amount just for testing how things works.The fact about his billions of wealth can act psychologically on people in connection with investments in BTC,but we all know such people do not invest too much money in risky projects.
By the Wikipedia , Soros net worth is "only" 8 billion $,and he donating rest of the money to his philanthropic agency-so I guess his time is close to end,he is 87 years old.
That billionaire is not a risk taker we know that bitcoin is worth risking for. people are getting such an FUD and sell all their tokens because they knew that one of the most rich person said that it is bubble. we should consider also that many people get rich by using btc.
I do not know much about this issue, whether it is influential or not, this is important to bring positive news. there will be no spikes, most of us will see prices in the market begin to rise again slowly in the next few days, if the spike occurs quickly then the potential for a sudden crash will always overshadow the price. Right away the market will pump up the price and we will soon leave this bear market downtrend / market.
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.
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.
If George Soros even puts just a billion into the market then we will see a price hike and a massive one at that because that would mean there is much demand and once people see prices start going up, then they will start buying in too thereby increasing the price.
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?
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?
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