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Author Topic: Do you think the big names are invested already?  (Read 3367 times)
cellard (OP)
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February 26, 2017, 07:18:05 PM
 #1

Guys like George Soros are too smart to not see the importance of bitcoin, but are they too old to get it?

I know that Warren Buffet said a couple years ago how bitcoin makes no sense, obviously showcasing how old and deprecated his investing decisions are when it comes to cutting edge technology.

But I can see guys like Soros getting involved and learning about it and secretly taking a position.

I can also see Donald Trump, which has appointed bitcoin guys in his team, holding some in his portfolio already.

When the ETF passes, I can see tons of Wall Street people joining in as well, with some serious investments beyond for testing purposes.
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February 26, 2017, 07:20:29 PM
 #2


I think the big names are in now yeah but most of them didn't get in before 2014.  When you are super rich you haven't got time to waste of a tiny project like bitcoin pre 2014 right.  So yeah it might cost them more to invest past 2014 but their time is more valuable and cash they have plenty of.

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February 26, 2017, 07:22:40 PM
 #3

Any business man worth his salt, especially those who basically have endless funds should be investing in bitcoin.  I would guess that even tho they are dissing bitcoin they have probably stuck a few bitcoin into the portfolio just in case, i know i would.  

for example i think most altcoins are going nowhere but i still have a few in paper wallets just in case.   Wink
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February 26, 2017, 07:23:27 PM
 #4

Hell yes, definitely. I read about a famous entrepreneur who had made millions of dollars off of his investments in bitcoin, but I can't remember the exact name or article. I'll try and see if I can recall it.

Meanwhile, here's a CoinDesk article on celebrities who back bitcoin: link.
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February 26, 2017, 07:29:41 PM
 #5

I think many big guys have bought bitcoin but in very small amount to test it and i am quite sure they will happily put few millions in bitcoin if ETF get passed.

 
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February 26, 2017, 07:42:24 PM
 #6


I think the big names are in now yeah but most of them didn't get in before 2014.  When you are super rich you haven't got time to waste of a tiny project like bitcoin pre 2014 right.  So yeah it might cost them more to invest past 2014 but their time is more valuable and cash they have plenty of.
We don't know about that, good investors know that to make good money you need to invest early, when uber was small the owner of the Dallas mavericks was given the chance of investing in uber and he didn’t but other big names did and now they are getting big profits, so a tech expert investor could have seen the opportunity and seized it for himself.
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February 26, 2017, 07:54:25 PM
 #7

Bitcoin is still relatively "unknown" in the Wall street crowd.. Yes, they might have heard of it, and dismissed it as a fad or a Ponzi scheme... but I

think they will take it seriously once the ETF is approved. They cannot dismiss a technology that has been the best performing currency/commodity

in 2016.  Roll Eyes .... and as a currency for two years before that...  Grin

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February 26, 2017, 08:32:12 PM
 #8

I have a feeling that most of the people who talk about Bitcoin in any capacity have already bought in, especially if they're aiming to pump it and not take away from it.

For any big names that never really talk about it, chances are they have some of their wealth hedged in it but it likely isn't anything sizeable or serious compared to their other assets.
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February 26, 2017, 08:35:30 PM
 #9

I don't think these big guys will involve in Bitcoin. It is hurt to say that bitcoin has no value.

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February 26, 2017, 09:40:51 PM
 #10

I think they are involved secretly.  Big names are smart enough not to let an opportunity to pass by.  If they see it they grab it.  That is the reason why they have this big names anyway.  They are doing it in silence because they are smart not to alarm this government so that they can get the profit 100%.
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February 26, 2017, 09:54:48 PM
 #11

Some of them surly, but in general i would say maybe. They could invest and buy some coins, since its peanuts to them. But there is no real need. Bitcoin is still in the early stages. They still can wait and see if Bitcoin fails or if it takes off. If it takes off, then they still can invest heavily, since there main goal would be to stay rich rather then become more rich.

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February 26, 2017, 11:36:00 PM
 #12

Warren will get fucked with his silver today. Silver can compete with bitcoin.
https://www.bullionvault.com/silver-price-chart.do

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February 26, 2017, 11:40:09 PM
 #13

They still can wait and see if Bitcoin fails or if it takes off. If it takes off, then they still can invest heavily, since there main goal would be to stay rich rather then become more rich.
They will see a lot of the new millionaire caused by bitcoin. They still can invest heavily but it will on the small scale to make him more money with bitcoin.
Because they're already rich and they are not to be richer.

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February 27, 2017, 12:55:20 AM
 #14

I don't think big names are invested. Big names generally diss whatever isn't regulated. Regulations are a big thing for big player, wall street investors, etc... And if they were invested, I imagine that the price would skyrocket...
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February 27, 2017, 01:15:18 AM
 #15

There are of course big names who invested in bitcoin, but they prefer to be silent about it due to their main activity
You tell to everyone you have 10 kilo of gold under your bed, right ? And you have a reason surely, then same for them. Also if a media start to say xyz invested in, it could an impact for them
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February 27, 2017, 01:21:34 AM
 #16

I think the big names don't like projects like Bitcoin where is hard to manipulate. They work in a safe way and is ideal if he can create monopoly and control all of the business

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February 27, 2017, 01:33:23 AM
 #17

These people are always on the lookout for new kinds of investments and surely bitcoin has been on their radar, one time or another. And with the way the price of bitcoin has performed over the past few months, I would say that some of them have already dipped their hands. And even if they invest just a small portion of their wealth in bitcoin, they would not really lose a lot because bitcoin still has the potential to go higher over the new few years.
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February 27, 2017, 01:36:00 AM
 #18

I think they have started to study the potential of bitcoin/blockchain as a whole. Most likely they are holding some coins for their exploratory work but not really serious investment.

How do you explain to those board members on spending millions to buy bitcoins?
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February 27, 2017, 02:20:22 AM
 #19

I believe there are really big names are already invested on bitcoin. But it dont dont really matter to me. I really dont care about big names. Bitcoin can stand alone without them. They are just a decorations. I would like to see that bitcoin is accepted around the world. Thats enough for me.
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February 27, 2017, 02:53:27 AM
 #20

I believe there are really big names are already invested on bitcoin. But it dont dont really matter to me. I really dont care about big names. Bitcoin can stand alone without them. They are just a decorations. I would like to see that bitcoin is accepted around the world. Thats enough for me.
Not only with bitcoin, with all sort of innovation at the initial stage none have trust or hope of success. Same happened with bitcoin in regard to the bog names. Now they've understood the strength it holds depending the technology. So not only the listed names, around the world lot might have made indirect investment through bitcoin.

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