by investing into bitpay. you will see that instead of bitpay selling their coins on an exchange. they will use the investors fiat and give the investor bitcoin
thus you wont see as much sell orders on the exchanges, which will a rise in pirce, but a slower rise whilst merchants small tx's are processed, compared to a whale biting on the sale orders in under 5 minutes.
Topic: Richest dude in Asia, going hard on Bitcoin - page 4. (Read 3769 times)
So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC
He is a bitcoin holder. He donates to Seans Outpost quite frequently. His support of bitcoin is a great thing for the crypto ecosystem.
Cheers for the info Ron, Jason King does noble work for sure.
Here's a lengthy but cool interview he did last week:
http://www.youtube.com/watch?v=JI7ZtX43bEY
Agreed, Sir Li Ka-shing on board, is great for crypto ecosystem. Would like to see him integrate into his many businesses though.
So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC
He is a bitcoin holder. He donates to Seans Outpost quite frequently. His support of bitcoin is a great thing for the crypto ecosystem.
An "undisclosed" amount
If you were a multi-billionaire, how much bitcoin would you acquire?
Me? I would secure $500,000,000 worth, that's 1,126,000 BTC
http://www.scmp.com/news/hong-kong/article/1512113/li-ka-shing-boosts-bitcoin-investments-amid-currency-crackdown-china
If you were a multi-billionaire, how much bitcoin would you acquire?
Me? I would secure $500,000,000 worth, that's 1,126,000 BTC
http://www.scmp.com/news/hong-kong/article/1512113/li-ka-shing-boosts-bitcoin-investments-amid-currency-crackdown-china
So Li Ka-shing does not think the way Warren Buffett does !!!
Any big investor would certainly keep their investment lowkey!
Agreed, I certainly would. From time to time, I would log-in to my wallet just to marvel at my 5-7 figure BTC
So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC
Yeah, good point.
Here's his profile on Wiki: http://en.wikipedia.org/wiki/Li_Ka-shing
This could be great for the Bitcoin economy. Thus far, non of the investors have fully integrated into their Commercial enterprise groups/subsidiaries. Perhaps his investment was strategic, for future BTC integration?
Li Ka-shing 
So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC
Any big investor would certainly keep their investment lowkey!
$500,000,000 worth, that's 1,126,000 BTC
Not really. Perhaps if you're the only big player going into bitcoin and you have 1-12 month time to buy. Otherwise the first 50 millions would drive the price to the moon. If you were in a hurry, at least.
True, that'll be one hell of a Wall on his exchange
So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC
So he didn't actually buy bitcoins just invested in bitpay...
$500,000,000 worth, that's 1,126,000 BTC
Not really. Perhaps if you're the only big player going into bitcoin and you have 1-12 month time to buy. Otherwise the first 50 millions would drive the price to the moon. If you were in a hurry, at least.
I would be sure to advertise that fact on a forum as well...
An "undisclosed" amount
If you were a multi-billionaire, how much bitcoin would you acquire?
Me? I would secure $500,000,000 worth, that's 1,126,000 BTC
http://www.scmp.com/news/hong-kong/article/1512113/li-ka-shing-boosts-bitcoin-investments-amid-currency-crackdown-china
If you were a multi-billionaire, how much bitcoin would you acquire?
Me? I would secure $500,000,000 worth, that's 1,126,000 BTC
http://www.scmp.com/news/hong-kong/article/1512113/li-ka-shing-boosts-bitcoin-investments-amid-currency-crackdown-china
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