Bitcoin Forum

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.

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.

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.   ;)

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 (http://www.coindesk.com/10-celebrities-investing-using-talking-bitcoin).

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.

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.

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.  ::) .... and as a currency for two years before that...  ;D

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.

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

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%.

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.

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

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.

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...

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

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

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.

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?

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.

I think yes. Because millionaires and billionaires like to invest anywhere as long as they will get a profit. Imagine they are doing stock market but bitcoin is much better with that. With stock market you will just earn large if you will invest large but in bitcoin no because way back 2009 and compare it to now the price of bitcoin is pump so high and in terms of time the bitcoin surpass the stock market earning. So I think yes by pumping of bitcoin so high now I think big names participated in that by buying a large stock of bitcoin.

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Sure, I would think that there are some very wealthy people who would have a stake in Bitcoin.

Remember that many of the very rich want to own a variety of investments, it's diversification.  At least some of these EXTREMELY WEALTHY people will own at least some.

Think!  Surely there would be a few in Silicon Valley and smart computer guys on Wall Street who would want own, say, $1,000,000 in Bitcoin.  Why not?  I would own $1,000,000 worth if I had a net worth of $100,000,000, what other investments out there have the possibility of growing MUCH faster than the stock market (etc.)?

Yes ofcourse.Millionaires abd billionaire dont stop earning and discover ways to earn more money even if theyhave so much.All people are still craving for money so people will find way to earn and all bignames surely invested in bitcoins huge money and now creating huge money from it.

correct mate, there's a people beyond aside from the big names listed as they see opportunity to have a good returned coming from this investment so even they are not showing their identity as how bitcoin works surely they already seeing that potentials and they already placing some good amount to test how big bitcoin can be.

i have only two things to say to this.
when these guys publicly say or announce something it is not because they want the public to know what the hell they do, it has lots of other reasons. so when they say bitcoin doesn't make sense it may be because he wanted to buy cheaper coins. accumulate!
also bitcoin is still too small for some of these people that move around multi millions of dollar and make that much profit other ways.

Correct. As far as there is an opportunity on them, they would certainly take it. Millionares aren't affraid to lose money in order to try something. They can take the risk of something which would benefit them in the other hand. This is how they make money, they are always trying in order to earn something because if you are still scared of trying something, nothing will happen to you.

You have a point on that, maybe they did not get it because on 2014 the bitcoin is not familiar so we could say that they are no time for it. But in the truth, we don't know if they already using it because the good investor are always finding something where to invest their money, they did not wasting their time. So I think there are some good investor are invested already and there are some not.

bitcoin is a bit of a high risk and unpredictable and it has been much harder to predict it before, that is why i say the chances of these guys investing in bitcoin in the past has been low. this may not continue to be true in the future though. specially as the market size grows.

You get high risk investments like Bitcoin and then you get low risk investments like gold. I think a lot of these guys have bought some bitcoins to toy around with, but will never admit to it, because Bitcoin has a bit of a reputation. They might say that they invested in Crypto currencies, but not in Bitcoin.

You can imagine if you bought Bitcoin 2 years ago for $1 000 000 and you sold it now. ^smile^ They might add some to their basket, just for the fun of it. ^smile^

It is not too late for anybody to do bitcoin and start on earning some, even though they are people who are popular in this world, and even those ordinary people like the most of us can also invest money to bitcoin, because it is the best thing that anyone could do in their life. We don't if they are already invested in bitcoin but I'm sure that they will.

They are popular people and they know how popular bitcoin is, because of its solidity, and its value. They are rich people who wants money because that is the rich people do, they don't stop on earning money, that is why it is possible that they already invest some of their money on bitcoin, just my opinion.

No one actually knows on how many of them are already engaged or not earlier on 2014 speaking to bitcoin. There are investors which are wise enough to seek out good and have potential investments on longer years to come.

Yes Bitcoin has and will produce some new millionaires, but this will not bother the old ones and is no threat to them. Most of them made their money with something they can reproduce to make more money. For example if you produce a good to sell it and this way become rich, then you can produce more to gain wealth. But if you just bought/mined Bitcoin at a very cheap price, then you can not do this again, so if you lose/spend your money then this is it. And here is the next problem. Most of the old rich guys have had money for quite some time and know how to handle it. The new rich Bitcoiners are new to this and more likely to end up with nothing.

those famous people that you mention maybe is already involve in bitcoin industry but they don't make any statement for this, i think if they are really join, they want to keep secretly so there are no other people that they are inside. its best for them to remind silence so they can learn more about bitcoin and take the profit for their purpose.

Of course the big names were already involved, and they would not like to be Known in public it's obvious, one is this guy's would have made several off Shore accounts and they would have made quite a lot of money in Bitcoin as it leaves no Paper trail and no one can catch the owner. Secondly if they would have made it public they would have been harassed by the authorities and would have exposed them to hacking risks. I strongly feel this guy's are there but they have hidden themselves and they are making a crazy amount of money and with this etf Bitcoin price is shooting right through the moon for all of us and they will profit but we will never know.

Of course, they are so smart,that's why they had big names.Aside of having a big names, they have a power through the use of money.The rich people would still have to invest anywhere for very wealthy. I don't  think if the government really cares about it. What if, it was their personal investment? . Anyways, bitcoin is decentralized cryptocurrency. They also get 100% profit without tax even if the government knows it.

That was a long time ago. After 2014, many big names have shown interest in Bitcoin and those who make money from money have already in Bitcoin market from some time now. They won't come out open coz of Bitcoin's volatility or the negative news of Bitcoins but trust me, they are there.

don't see bitcoin as a stock only, bitcoin is not only for investment, it would never achieve what it was meant to be if treated as investment tool, it's also about usage

therefore you don't necessarely need the big investors to coem in to increase adoption, you need more average joe to use bitcoin, and buy it first of course or earn it....

What is more important to me is the volume of investors that the volume invested and with that, I do not need to know if there are big names that has invested with bitcoin. By simply looking at the price movement, you can analyze that there is a good volume of adopters that are coming, we should see that as a big thing that will make the price continue to rise.

The mention of those names and BTC in one sentence really made me laugh so hard. I dont know if you are joking or lack the reasoning for thinking those businessmen will be investing in BTC. They hate BTC because it stands on the opposite side of where theyre standing. I wont count them out however. Their greed will make them do things that are illogical for them. Like investing in BTC. ;)

I suppose, then, they did not see clearly profit from Bitcoin, perhaps they just think Bitcoin is something of luxury, they think it's not the future. Or maybe, saw profit school, but then, it is not large profits, and with the rich as they are, they will not care about it, so, they were ignored. and I think, they will not regret it, because they can make that amount at any time

I don't have an idea with this guy but I know that investor will always be on his name and he can regain and always change his statement.

The same thing with George Soros, he can also change what he said and just go with bitcoin quietly.


Since he is valuing freedom, for sure that he will go for bitcoin.


I do believe that Trump will go for bitcoin and he has knowledge with it already but don't have enough time with his current presidential work.


And other investors as well, they do trust those big names.

Do you have any reference about i have read the US government planned to acquire blockchain technology and two months before they had meet and US commerce department went to blockchain and discussions were around 2 hours. Check in google for further reference about it.

I think some of those big names already invested in bitcoin. They may be just investing a little to test things out. Of course they won't publicly announce that they invest in it. The big names are smart and won't let opportunity slip away, just my opinion.

I think many of them have already bought a few coins, but not too much.
From their point of few, a few thousand dollars is not much worth mentioning.
Warren Buffett is an exception, I do not think he owns bitcoins.
He has some guidlines in his investment strategy that can not be combined with bitcoins.
For example he always asks, if the management is rational. I do not see much of a bitcoin management.

The two names you mentioned Soros and Warren won't because they don't have the computer background. I know Bill Gate, M. Dell, R, Brandson are all in support of it and most have played with some but I don't think they are huge invested in it.

Of course.

Sobm many rich guys just invest a part of your money into alt coin.

We can think about soccer players, football players, policians corrupt, and many others

For sure! The big 5 accounting firms have all stated that they have their own trials for utilizing cryptocurrency and blockchain technology. In addition, many banks have their own programs. I think there are many more big individuals/companies that are investing into this and many would do so without disclosing this information for competitive reasons.

I think it is mainly about the block chain technology, not the currency.

It is unclear if Trump is into bitcoins. We all know that he is a businessman but talking about his interest in bitcoin has no relationship with him being a businessman. But there is a possibility that he is into bitcoins the same with his disinterest with bitcoin. But let us just hope that there will be a time that Trump will purchase billions of dollars worth of bitcoins and at the same time declare that the US government will support the use of bitcoin on daily basis.

They will, they are business man, whenever there is a chance to make profit they will take the opportunity and in the future there will be more and more big names join bitcoin, because bitcoin is very profitable and the price rising is really really fast

Fair enough, so we can consider that Trump has a role in ETF decision : Attendees of the event included the acting chairman of the CFTC, J Christopher Giancarlo (via teleconference), who has embraced Trump’s 'Make America Great Again' slogan as part of his own agency agenda. Also there were a number of lawyers from the SEC, the National Futures Association and representatives from large law firms and investment banks.
I think some big names will invest on bitcoin if SEC approve winklevoss ETF as a regulation is needed to put their big funds.
Or maybe some of them already invest on bitcoin but keep it on silence, nothing for sure without any legitimacy.

to me i do not have any knowledge about that. but if it is reality then it will be a good decision and it will be in favour of bitcoin and hope that with this decision bitcoin will become more and more popular and people will put more trust on bitcoin.

Most billionaires focus on what they have backgrounds in whether it be real estate, finance, world markets, media, etc.

Its doubtful they would invest in things like bitcoin they have little knowledge or background in.

I think they already invested ,they should know what is the popular source of income nowadays , because if not somebody will take care of that and they will push down in the lime light. They should know first among others, because bussiness is bussiness, if you walk slowly you will be lost but if  you run fast you will reap the fruits of your work very much

George Soros is too smart to reveal his position bitcoin if he had one, so we can never know.

He probably thinks his investment wouldn't benefit if he revealed it now, he wants to keep accumulating more cheap bitcoins, he knows that if he officially gets on bitcoin, news would hit mainstream press and price would go up: bad for the accumulation phase.

I dont think so, they are very critical in money aspect. Maybe today they are investigating about it, they creates team to develop studies about this currency, they will not easily to invest . But when they think that this gonna be worth I think they will spend a lot of money to this. and this gonna be popular

Trump is busy with his investments in to input companys what are now toxicted USA rivers and ground,it will create lot of demage in people health,he is speculant who is investing in debt.Unti his twitts are causing sell on stocks he is making money.Buffet for what his fund earnings is about 30% thay year + dividends,bitcoin is to small for him

These sort of news are regulating for a really long time.They are old business magnets and with the age and judging by their interest i am not sure they know about bitcoin in the first place. People who are interested in technology and the people who follow these new ways of sending money might know about bitcoin and these rich mongers might not know those things.  :D

That is what I believe also that many of them included already bitcoin in their portfolio but not too much. Businessmen / investors are always on the look out of new opportunity.They did not want to missed the opportunity  and since bitcoin is gaining popularity, they see a bright future in it. Since virtual transaction is also growing, a bitcoin is a perfect virtual  cryptocurrency to invest with.

We never know soros and buffet have bitcoin or not if you know about soros, he can rich because he's the greatest speculators in the global financial markets.

Yes in their first buy but you forgot to mention the possibility that they are increasing their bitcoins . Why? Of course when you invest into something, You should be updated to it . Some of them just can't declare it to the public because their name is on the line . Here are a list of the famous people who supports bitcoin: https://www.oddsbusters.com/en/bitcoin-gambling/interesting-facts-bitcoin/rich-famous-people-bitcoin/ . I think that If more of them declare their support on bitcoin, It will once again increase iits popularity

What a relationship about having the computer background and didn't have a computer background? Although won't have a computer background and his money are worth billion dollars.  :P
Those people have invested on the bitcoin http://www.investopedia.com/articles/people/083016/who-are-top-5-bitcoin-millionaires.asp

Well his type of investor will always keep his investments secret and probably it's his strategy to say that he doesn't have any interest of bitcoin.

Despite of knowing that he is already there and starting to make his own portfolio, maybe it's still too early too reveal this.

We will see in the future regarding his position with bitcoin investment.

I think that most "big names" that know about Bitcoin have already invested in Bitcoin already. Seeing how Bitcoin price is sitting at more than 1000 USD per coin, anyone who tech-savvy people who are aware and believe in it would have already join us.

Maybe there is still a few that know about Bitcoin but haven't invested into it because they feel that Bitcoin price is too high for them to start or they want to start their own cryptocurrency. Some tech-savvy people who believe in Bitcoin Blockchain, may start their own Blockchain-alike system instead of supporting its root.

If at all if ETF is approved then we would see more investments and more price hikes in bitcoin and would rather see a huge spike in the price when wall street get involved into bitcoin as they really know how to manipulate the price and i really do not want that to happen .Hope we wont see many regulations put in place for bitcoin.

That is of little depth the way you put it. Soros and Buffet dont want to invest in BTC because they think it is definitely a ponzi, which the way it started, it really was. Think about it. Do you think BTC is real money when it started by an anonymous programmer?

Yeah I think there are many big name in bit coin now. I think  the American president now mentioning it in his cabinets. and there are other big fish in bit coin now. it is not an ordinary thing today.

I wouldn't cast a shadow of doubt on this thought, bill gates, George soros, Donald trump etc. I guess must be deeply rooted in Bitcoin investment as Bitcoin is turning out to be the currency of the world.

I cant still say that if there are big names who are already invested to bitcoin i didnt even read any news if there one but one things for sure if they would decide to engage to bitcoin then expect prices will shoot up because those big names have the capability to buy huge amounts.

I disagree, it is the other way around, banks and any other big players don’t like regulations at all, that is why they are always pushing for deregulated markets and they will try to bend the rules to their benefit.

Nah, if there was any popular people purchasing Bitcoin then we would know about it because the price would have a sudden rise while the popular business man or women announces that they just purchased Bitcoin on live television.

Although a smart investor like Bill Gates and Richard Branson could be purchasing Bitcoin off the markets and using the order books at their advantage. With the Police Auctioning Bitcoin batches within a four to five digit range, it wouldn't be a surprise that one of the anonymous bidders could be within the top 10 richest people in the world.

I think yes, the big names are
already invested because they
can see that bitcoin is nice.

Big names already invested in bitcoin and i think that is already done a few years ago. Big names comes with big minds because of their experiences on their journey to success. If they saw bitcoin right away then they will invest as soon as possible because they can see bright future for this kind of coin and now we are witnessing it.

Many companies acquire blockchain technology and initialized many research centers about bitcoin and they have invested on it. I think its been against bitcoin technology and they planned to create a new coin against it.

Who will not like to invest in bitcoin. The prices are rising soo much that anyone will like to buy a lot bitcoins when the prices fall and then convert them again when the prices rise.
Bitcoin seems much profitable than any other crypto currency. And greedy people always want to make money in the easiest way and in this method they just need luck nothing else.

I think some of them already invested secretly, all of them are great business man when they know bitcoin potential, I am sure they won't miss the chance to invest it, if they haven't invest now, sooner or later they will invest it, some of the big name like Trumps , Warren Buffet already mention bitcoin few times, so I believe they already invest in it

With all the buzz and the hype going on Bitcoin,I'm sure big personalities already had a bitcoin portfolio,maybe they are also into altcoin and this will push the price upwards they may not admit it but I'm sure they are agree that Bitcoin is a must have portfolio.

When Soros reveals his positions (because he does it sometimes) he has already taken action, because he knows Soros in an huge global mogul and a market mover.

Case in point: Soros sells his gold, then he reveals that Soros has sold X amount of gold, and this causes a dip or if not a dip, well it never helps to regain an uptrend.

So Soros is obviously not going to reveal he owns bitcoin until he has an huge amount and he can only buy it slowly, if he reveals it it would pump massively.

Bitcoin is no longer stuggling to get big names in for success. Bitcoin's demand is already highest ever and reflected truely by its price. So, investments by big names can be profitable to them at personal level but on the whole of Bitcoin-market demand is at high pace thus shooting prices.

I think yes the big names are invested in bitcoin for more be easy to used,
 it is signed with bitcoin's price becomed $1200/BTC
 they have made investments with large of money
and the big names not names of people only, but they are corporations that
adopt blockchain of bitcoin include blockchain of altcoins.

I believe price is continually increasing due to the fact that the same BIG BOYS and government's dependent private sector are secretly and slowly accumulating, if I was an investor the first thing I wanted to make sure was to completely be assured when I invest for example $200m and some day next week when I wake up my investment has grown and not destroyed by some third party involvement.
Good thing about bitcoin those third parties (miners and full nodes) want nothing other than the success and prosperity of my investment(bitcoins).

haha, you sound like some of those guys who wears a tinfoil hat everywhere!
there is no plausible reason for your "BIG BOYS" to be accumulating bitcoin just to crash its price. what you don't understand is that those big boys don't care about price of bitcoin but care about existence of bitcoin. and its price has no effect on what concerns them.

The online gambling industry is growing so Bitcoin users are also growing. But if anyone put some restrictions on these online gambling industries to use bitcoins then surely bitcoin demand also will go down drastically. So if the mainstream industry starts accepting bitcoins, then BTC prices will be more stable.

Yes, sure enough these people are already invested and already are happy with what we have achieved on bitcoin right now. The thing is, they need to be as discreet as possible to lure out more investors out there for more increase on their profits. And, why would these big names out there ignore the fact that they can make quick bucks on bitcoin?

but as we all know that gambling industry on bitcoin is booming which means demand will be there since there are lots of gamblers worldwide which means the trend would really go on and awareness,exposure of bitcoin will continue until big names will caught its attention.