Bitcoin Forum

Apple's co-founder Steve Wozniak confirms he has sold all his Bitcoin.

See the full part here: https://www.investopedia.com/news/steve-wozniak-has-sold-his-bitcoin/

As I have said several times, all the whales are getting out. They know the party is over.

As he is one of the globalist elite, and they seem to be acquiring Bitcoin to remove the available coins from the market, this would seem to be another price manipulation ploy. I expect he has sold his personal holding,but is increasing his holdings in off-shore investment vehicles. :)

I wonder if we should be scared/worried with this kind of News? I mean, BTC will fall and rise with or without price manipulation.

And we just have to believe him, no?

Just as Jet Cash has said, it could be a ploy to manipulate the price. I think the more probable situation is that the price was slammed down so that those who invested in bitcoin just because it was hyped can get out and give the bitcoin to institutions who are now in a better position to enter this market.

Do not worry there are many other whales out there. In fact, if common people grab these at such low prices, it is good for them too.

I have a question why you are distributing negative news and have not yet retired from this forum if you claim that the party is over ???
Most users perfectly understand that soon the market will recover and people like you will change their minds

I think he was not holding a lot of bitcoins, because it is clear that he was not sure about bitcoin, as it can be seen today as well, so he just wanted to buy little amount of bitcoin to try it. He is not a bitcoin investor.

I don't like these type of news, they are the news that serving an unknown! purpose. But those are for sure on purpose, trying to change the actions on the market, that is not fair small movements of the 'whales' hurts newbies.

What are you trying to say anyway, this apple dude sold his coins so we should all sell? "Guys this multi millionaire sold his coins, party is over!!!"  ::)

Seriously who gives a shit if steve sold his coins.

Anybody who knows the kind of person this man is, or has even in passing followed him over time should be well aware that he is very likely telling he truth when he says he simply doesn't want the stress.

and he is one of the few people in the world that really doesn't need it.

I know that a lot of people will bash him for this but these people are experienced with money and investments. Also, they have financial advisory.

I do believe that this is his personal holdings and probably apple has something to do with this. I am seeing another project to be launch because of this. And he might use it to fund that or he has personal needs, probably he will open up another business.

No one is bashing him, dude. People just don't care about this kind of News, because it'll just create another series of FUD's.

He is worth something like $100 million. He doesn't need to be involved in Bitcoin. This is not a story.

We don't need a whale, we need biycoin to spread evenlu so the liquidity can big bigger. It will be good if there is no people who have huge amount of their coin in their hands because such people can easily affect the bitcoin price. Maybe it will be bad for bitcoin. I don't worry about the news that you bring because there arr many other people who wants bitcoin.

this is excellent news.

less whales > less big players > less manipulation > less power in hands of some people with a lot of money > more distribution of bitcoin > less volatility > much more adoption > much bigger rise > soon better future for bitcoin

It may be worth believing in the truth of Steve Wozniak's decision. On the reasons for the decision, Wozniak told a business forum in Sweden.

According to the programmer, he just got tired of being nervous because the bitcoin rate is so unstable. At some point, Wozniak decided to stop worrying and get rid of the desire to keep track of the stock exchanges, after which he sold all his crypto currency. Maybe this is not a trick.

Good move for us because these guys had some sort of influence which could affect us positive or negatively without them knowing it

now that he has let go of his treasure his opinion means nothing because he sold all his Bitcoins and maybe he will participate less in the crypto market.

Nobody knows. Crypto market is not stable and it doesn't depend only on those whales, it's getting wider now so we will see big changes soon

It Said "Wozniak assessed bitcoin as a store of value back then and compared it to owning a house. “Your house has value. And it is a house today, 40 years from now, it still is a house in value,” he said. At the Nordic Business Forum, he said he expected bitcoin to become a medium of transaction next."
Source steve-wozniak-has-sold-his-bitcoin (https://www.investopedia.com/news/steve-wozniak-has-sold-his-bitcoin)

At least he made an important point that Bitcoin is the value of an asset whose value is fixed and will continue to grow. A visionary of Apple Co-Founder certainly sees this as a future, while many skeptics will not accept anything better.

Well Steve Wozniak bought Bitcoin just for experiment and said that he sold all of it because he don't want to watch the price go down and up, this means investing in cryptocurrency which is highly volatile is not his thing. But if your a whale would you announce that you sold all of your Bitcoin to the public? for what? lol, that means that he wants something and it is for Bitcoin price to drop so he can but the dips. And how sure are you that all whales are getting out right now? any proof? if that is true then let them sell it, it would be great if all whales will disappear so that price manipulation will come to an end.

Even if he has sold his Bitcoins, he should not have made the news public. They do not realize how many people are affected by the reduced prices due to such a news.

sounds like manipulation with people mind. Who knows for sure this information is true?!

We needn't bother with a whale, we require biycoin to spread evenlu so the liquidity can enormous greater. It will be great if there is no individuals who have immense measure of their coin in their grasp in light of the fact that such individuals can without much of a stretch influence the bitcoin cost. Perhaps it will be awful for bitcoin. I don't stress over the news that you bring on the grounds that there arr numerous other individuals who needs bitcoin.

This is not a whale coming out, we don't even know how much he had in bitcoin. He did no called bitcoin a scam or a bubble or anything like that. His reasons to cash out were perfectly justified in my opinion, although he could just have hold the coins and wait until the technology evolves. As he explained he didn't want to use bitcoin as a trading asset. He want's to use it as a form of payment, and Bitcoin is not ready for that. I guess that he understood that bitcoin still has some miles to go, until it evolved from it's "beta" phase. He could just hold like I said, but he saw a money making opportunity and sold.

I bet he will just buy again as soon as LN is available, and BTC is used for payments as he wants, so this does not really affect bitcoin in my opinion.

This is news only because Steve Wozniak is co-founder of Apple,but he is not in any way related to cyrptocurrency world.As he say it was just an experiment for him,and watching price,charts and have worries about money is not something he want is his life.Good for him,he have enough money to live ten lives if he have such opportunity.

Also he make nice profit with BTC,and he say that he keep some of BTC,so he it is not sold everything.This news can not affect price in any way,just remember that founder of LTC is sold all his LTC few months ago,and LTC is still live and doing pretty well.


 

This just shows another weakness of Bitcoin. If people should keep it secret when they sell so as to not affect people negative, that shows a very insecure investment and a very weak product

I heard that he bought bitcoins just for the sake of experiment.
And he sold them when the course of the cryptocurrency almost reached a record mark of $20k.
Now he has no cause for concern. In my opinion, the ideal alignment.  8)

Steve Wozniak is another panic seller like freightjoe

It's very strange that he correctly guessed when exactly to sell bitcoins.

The only reason why people invested in bitcoin sold their investment because they were predicted that the price may drops so for them to avoid loss they will sell it .

it's strange why he sold his bitcoin just now, and not at the moment when his price reached a peak of 20k, maybe it's public news for the price movement, and then another purchase..

even though Steve Wozniak has sold out all his bitcoins, I do not think this is an end of the world. though Steve Wozniak is a whale with a lot of bitcoin, there is still a bitcoin asset holder bigger than Steve Wozniak and I'm sure the big whales still hold their bitcoins.

The business is free, the knowledge you see he sells.

You probably didn't know when he bought in bulk!

The IT elite may be studying their own digital currency as well.

There's no need to make a fuss!

I don't think that the financial decisions of any 1 person need to have a great influence on the strategies of everyone else. If he sold in the past 2 days then it was likely a poor financial decision, If he sold in November then it was a shrewd move.

I do not think that this news had some negative effect. The guy simply explained it to everyone: he was too tired to worry each day about the price for Bitcoin and check the charts and be nervous. That’s it.

And do you really believe in this?
There are a lot of people in the world who don't support idea of cryptocurrency. The mass media inflates every news to huge proportions.

Why not? It's their job to follow what's hot and what is very interesting and now, FUD-related articles are the best to serve. That apple founder might be planning to create his own crypto like what Kodak did.

So you would like only good news, forget reality, we need to live in a bubble where nobody is allowed to say anything bad about BTC.
Nice move, bitcoin gives us freedom so we should start the censorship!!!!


His own words:

It was allover the news, there is even a youtube video from the conference.

I think that it is another price manipulation. There are some cases when celebrities voiced about bitcoin in a bad way and at the same time they more increase their investments in cryptocurrency.

According to that article he bought at $700, so nice profit. I guess the smart people don't believe in holding forever - they take profits.

I completely agree with Jet cash, this might just be another price manipulation play and i don't know why many such things are coming out. He said that he just wanted to get rid of his bitcoins and considering that he invested when btc's price was around 700$, he might have earned alot of profit. Selling was his choice i.e. the choice of another individual. It is being made public as he is the cofounder of apple. Alot of other people might have done something similar but it might not have been made public. This might affect bitcoin's price a little bit, but still it has started increasing again and it would keep increasing. The number of investors are still more  than the number of panic sellers and they are going to increase in future.

Bitcoin distribution and bitcoin sale is always a good thing ,a sale can only happen if you have someone willing to buy. The fact that he may or may not have really lost confidence in bitcoins is insignificant as there were people ready and willing to acquire them suggesting that others view this as an investment opportunity ,there is nothing wrong with wealth circulation as in a couple weeks someones investment will double or who knows may even triple.if bitcoin isn't spent it wont become widely accepted a demand from a a lot of customers for bitcoin acceptance as payment for goods and services will move it in the right direction . If everyone were to hold and not spend then that would be bad bad bad. I see this move as good for bitcoins overall

It's old news, and it doesn't really mean it's true. Such famous people would not share with the world what they are doing and why, especially when it comes to big money.

It's not just that, it's worth something to expect :o

This technology was never about the rich people, was never about making money, was never about making profit! It was all about freedom! Financial freedom, decentralization of our society!

Where one whale steps aside another will take its place. I would not consider this to be really big news to affect bitcoin yes some bigger investors are getting out but if markets take an upward spike I'm sure they would get back in.

And basically they will in the right time but as of now i think he's not an enthusiast of Bitcoin that wants to manipulate the price because we don't know what day and what price of Bitcoin did he sold all his Bitcoin but one thing for sure to me is that he just want to sell it already since he saw that the price are going down extremely that's why before he goes out of the league he just then sold it and he's the one that does the panic selling too.

He knew exactly when to sell his bitcoins, right when the price reached 20.000$ so he got himself almost a 30x profit wich is more than huge especially that he initially bought a pretty big quantity of bitcoins. I think he is glad that he sold all his bitcoins because as we can see now the price has dropped to lower than half and he would have had to wait another 3-4 months. He saw the opportunity, sold his bitcoins and invested in something more trusted overtime like properties.

Let's be Positive thinking
The reason why he sells all his bitcoins maybe he wants to invest in other cryptocurrency D; D. As you can see, he already holds his bitcoin when bitcoin prices reach $ 700 and now he wants to take advantage of what he's invested all this time...

We always see such negative posts from OP.Even  if he sells his coins,that doesn't mean that we should all sell our bitcoins.The party is not over and whales just try to show that party is over by spreading FUD news.We should do our own survey and should not blindly what others do. Everyone have their own reasons for exiting the market.

Interesting, that he sold all his Bitcoin, especially after being such a Bitcoin enthusiast. I wonder, how many Bitcoin he had and how much he sold. After reading the article, it is clear, that he could not handle the huge swings, as he seems to have worried a lot during the ups and downs. Bitcoin is not for everyone.  

Hmm, did you read that news carefully?
So this doesn't means that party is over and he sold all bitcoins because it has no chance to rise. This man clearly says that he wants quiet life and don't wants to worry everyday because of bitcoin's price and I truly believe what he said. Bitcoin really caused insomnia for me but now I am no longer worring about it, can sleep well.
No one knows actually what will happen around bitcoin's price....

well if I was in his position and if I had bought the btc when it was 70$ I would definitely make the same move. He may invest his money into other coins or ICO`s who knows cuz he had take what it takes from btc.

First of all, I don’t really think this is a true statement because the co-founder of Apple is a true admirer of bitcoin. Secondly, even if it was true, a decrement by one in the total number of blue whales won’t affect the market a lot.in addition to this, it is good to get rid of these guys who actually control the market. Bitcoin has survived till now on its own. The party is just about to start. Every dip is like a storm and no storm lasts forever.

That Wozniak sold his coins is immaterial to the crypto world. He isn't even an authority here. So why should anyone give a rat ear for his decision to FUD the community in the first place. Of course one day the JP Morgan guy would also come to the open and reveal how much of a bitcoin he is hoarding. The truth is that we shouldn't take a news piece as this to mean anything but FUD.

I think , we'll never discover really truth about his bitcoin)He expressly says that for the price falling. He's not stupid man, dudes)))

I think his point is fair, he believes in the technology but financially is not comfortable with the volatility at this stage. This is a young man's game and at this early stage is still only for the bold, for someone of his success I can understand why he would want to reduce his exposure to the volatility.

Exactly, he is just one whale in the ocean. Oh and just like that, new whales get into into scene.

https://www.investopedia.com/news/anonymous-cryptocurrency-enthusiast-bought-400-million-bitcoin/

Shoo Steve W. you have been replaced already. Only your money then because you are so dumb to dump your coins. We can't blame you. You have bought it very cheap and sometimes investors takes profit. I just hope that you will not regret your decision.

So this is another fake news to bring fear to the investors? I doubt that they succeeded because we have been in the rally for the past couple of days.

It's difficult to tell what is going on behind the scenes just now.  It has surprised me that Bitcoin has risen so much in the last week or so and who is buying at the expensive price it is now.  I don't think I'd buy any Bitcoin at the present price. 

I am not move by what anyone do. I believe in bitcoin so I am not interested on any other person decision. Bitcoin is getting to moon.

Selling high buying low is a very common practice on the marketplace. I do not really care what other people do and believe that many people are still holding their coins. Do your own research and make your decision

may be he is also in panic mind, btc will rise

It’s no different from selling all the stocks that he co-founded. The company is still thriving. You might have heard of it. Apple. Maybe he needed the money to fund a promising startup company. Or just wanted to cash in and retire for good. Live the rest of his life on a farm and off the grid. Whatever! Not gonna affect bitcoins.

I think  this is a fake information,  especially only apple founder knows the truth, and I am sure he wouldnt announce it  if it was true

He's a wise man, knowing what he knows, he sold it at the highest high. Now he can reinvest at the low.

I don't know whether this article is reliable or just another instrument to spread more FUDs against Bitcoin. And please, if indeed this is true, do not immediately jump into a generalization which is nothing but hasty. If someone sells all his Bitcoins, do not say all the whales are getting out. That is not the way the event happened in real life. This certain individual sold all his Bitcoins. He must have some personal reasons for doing so. But he is all alone on that. Give us the names of the other whales you know and some proofs that they are also dumping their Bitcoins and perhaps I might also do the same.

i am not sure how i should feel about it nor believe this one. But one thing for sure, i will stick to bitcoins capacity to rise again and have the last laugh. But i guess this news is just a manipulation for evryone who holds bitcoin to sell their bitcoin also. Then, the possibilty that if the great dip happens, maybe some big whales will buy some stock and win this strategy game. Hope this kind of story wont affect the belief of those who still holds bitcoin. If this happens well i guess theres a big crash will happen in the history if bitcoin.

Not every one worth 100s of millions wants to be worth billions, he clearly said he would rather piece of mind than continue watching Bitcoins price fluctuations, he also had positive things to say about it in the end.

Also the less whales the better, diversity is key to bitcoins success

Its a sad news but definitely i would take this on a positive note. It would give more buyers to get in at lower prices and some common people like me will be benefited from this type of big whales getting out so fast.I m not bothered as we all are investing what we can afford to loose.So i m just chilling and relaxing as long the market is not dead.

Doesn't hide the fact that his investment gave him 1,400% returns in less than 3 years. You can ask Wozniak whether any other asset has given him this much returns in this short time period.

I'm not sure why would he tell everyone that he had sold all his bitcoin. What sense does that make? What is he trying to do? Affect the btc price? Just by his own selling of btc? No way can he manipulate it. More big whales needed to affect the price of btc

Just because he's an Apple co-founder who invested a huge amount of money in bitcoin,  some people will believe him? No. No one knows what will happen in bitcoin in the future but as we know, bitcoin has the capability to increase its price in a huge amount and also, bitcoin's price is like a roller coaster so dont expect that its price will always rise up.

He is in a very high price to sell off his BTC, but I believe that he will be in a very low price to buy back his BTC, wait and see, currently BTC is already showing good performance, in the last few days I feel BTC is about to rise.

Well, apple founder may had sold all his Bitcoin and this only means, there is more people getting in the train.  Imagine a single person getting out of the train and several people getting into the train..  This means bitcoin market is spreading, more adoption and more people that will support the Bitcoin Market. I never thought this stuff as bad news but rather a great news because several people replacing a single person is actually better.

I think they have made a mistake because they have sold the bitcoin they have. bitcoin prices at the beginning of the year are often downturned, so there's no need to worry about the problem. I ask for those who already have bitcoin please do not sell it at a cheap price, wait bitcoin prices by the end of this year, I'm sure bitcoin prices will rise again.

i too think that party is over but don't know what happens next. i bought bitcoin in september correction but still hodling it like a fool and haven't sold at 20k. now i feels like a stupid  :'( :'(

There are many reasons why people sell. But there is only one reason why people buy. The same principle works in stock picking. When somebody sells it doesn't mean anything. But when somebody big buys. That is an indicator.

He will regret it in few months hahaha !  ;D ;D ;D

I hope you read the whole article and understood the main reason behind why he sell all of his possession.  He just want a happiness and restfulness, and checking bitcoin price makes him stressful. He never say that he hold a very huge amount of bitcoins, nor he is not selling it because the price is going down. I think he just don't need to gain more income as he could sustain all his needs and just enjoy life as it is.

I think  bitcoin for Apple founder is something like a toy, he has  a huge source of income )))) so opportunities of bitcoins are not interesting to him

There is no problem if the sell  their coin because bitcoin still a lot of  supporters.  Bitcoin price dropped right now but the price wili rise again after the correction. Everyone has the freedom when they want to sell their bitcoin.


#Datarius

Bitcoin is just a FAD
its a useless piece of junk that makes people believe that they will be rich but in truth its just a big scam
they make people believe that bitcoin is a payment system but its just a big ponzi scheme

whale is everywhere not just him, so dont be afraid bitcoin price will go up again

I don't care even the founder if apple sold his bitcoin because they are not only who have a lot of bitcoin.  Even they have a lot of bad news came we are here to support our bitcoin and for sure even the price of the bitcoin decrease they have a lot of new investor will invest to bitcoin because they want to earn profit.  Not only the investor but for they have some people who are millionaire and billionaire who invest to bitcoin so price will increase again.

is this news true? the news is feared is only the tactics that made apple to withdraw its finances are still scattered outside

A quite wrong here, indeed its a whale, but not all whales left bitcoin.
If all whales leaving bitcoin, bitcoin price will not above $2k i think.
but it is up to them if they want to leave bitcoin. for me, i still believe in bitcoin and crypto.

I think all the whales have not come out, and the bitcoin value will not die because many people are selling bitcon. there is still another way to stabilize the bitcoin value.

and something can stabilize bitcoin prices when many whales that sell bitcoin are good spreading and high volume.

the Apple founder will regret because was sold all the bitcoins.

Steve Jobs is back from the dead?

Newbie is always a people who get hurt because of spreding FUD everywhere.
I dont know this true news or not but i think this time so many bad news made by whale or people who want to take advantage.

And so? Shall we start to worry right now? Shall we start to dump our Bitcoins as well? The truth is that even we we do that, it will not change the price of the market because I know for sure that within this thread, nobody owns more than 50 Bitcoins and there are millions of it in the market. My point is that if this Apple co-founder owns at least 1 percent of the entire circulating supply of Bitcoins in the whole world, I will give a damn. But if he does not then I don't care if he sells all his Bitcoin belongings in one single order. It will be eaten up easily by the whales.

I think that there is no big deal if the founder of apple sold all of his bitcoin because that is natural for a person to sold his bitcoin because they might not want to get into bitcoin anymore and they just want to do what they want with their profit so it is their problem to sell their bitcoin or not. We should keep holding because i believe that bitcoin is the next big thing and it doesn't matter if the other big person sell their bitcoins or not.

And then why are you here ?
Just to make money from your useless post via a signature campaign?


Yeah, he found out that he can't use bitcoin in heaven so he returned and bought angeltokens.
He's gone back up...you've just missed him!




What is the other way? People buying what whales sell, that is the only way.
If nobody buys....you have the markets just like they are right now.

Oh, and I''m pretty sure a guy with 100 millions $ will cry because he sold his bitcoins.
He will weep all his live!!!!

the whale doing that just want eat a little fish
and they want buy again when price are falling down, and thats the profit for them to
thats the good stratgy when you have much more then other

AHH you knew ! we all knew WHEN IS CRASH COMING? we all said it forever.
Well I got caught up in alt season too and forgot about the impending doom we are all in right now.

good thing its coming back soon! sooo many weak hands out... Big players back in

Totally agreed because simply that man is just an owner of Bitcoins only , he has nothing to do with bitcoin , he just simply sells for some profit for himself and that's his only purpose and no more.
Actually earning profits in bitcoin is a good purpose not bad as you're saying.

He said that he was simply too tired to feel some stress when Bitcoin price changes, thus he sold his BTC. The reason for it was not the unbelief in this crypto. Moreover, many celebrities often buy Bitcoins.

Some people don't like a clear explanation, they only like to fud and want others to misinterpret.

Definitely, we don't care if they sold all their hold coin or bitcoin because it's their choice. We have our own individual interpretation about this matter so if that was they think so at this point where bitcoon is still at it's lowest price then it's up to them already. Despite of all this negative feedback regarding on the price of bitcoin let's just continue to support it.

does Steve Wozniak sell all its bitcoins affecting the decrease in bitcoin value ..? and I do not know why in saying buy bitcoin as an experiment only .. and when that bitcoin price is only $ 700 with the hope that at this time he will get big profits.

When he  is just doing experiment of  holding  Bitcoin  is a very shallow reason just before he said he sell his coins he had strong manifestation of appreciation bitcoin coin. Then suddenly he turned to his statement against bitcoin coin that a clear Bluff. to manipulate bitcoin price so that many people will  dump and they have a chance to buy enough bitcoin at low  price.

Yes i just wanted to add one more thing that he sold all his bitcoin this does not mean bitcoin is going to down and it will never be actually but 2018 is not in favor of bitcoin and i think it does make sense because at the end of 2017 btc is going excessively up and in 2018 it is maintain a balance rate hope it will come back to its real form again