Bitcoin Forum

Do the rich now begin to invest some of their money in bitcoin?

Yes and I think nobody can stop them from buying all the Bitcoin that they want since many of the rich are actually good speculators. I have read many billionaires and millionaires now getting interested to invest big amount of money in Bitcoin and other coins. I am hoping that this is just the start and there would really be more people who are serious in investing.

I guess from the pumps that happened after the forking, we can say that many rich people are getting their interests to invest in this digital currency. And I think we don't need to ask this because it is an obvious answer, maybe they are the first ones to buy bitcoin and saving it till now.

Not really. I don't think I've ready any rich guy or company invest into bitcoins. Usually these rich people and companies invest into the technology
for the advancement of their own businesses. They don't buy bitcoins for purposes of speculating it will go up. They just enrich their money making
businesses so that it will produce more money.

I'm not sure about the investments at the moment, but I'm sure we can get rich if we invest in bitcoin a few years ago. Many people think that ETH is fast growing, but compared to bitcoin, ETH is just an ant.

You mean wealthy corporate investors? If so, yes. They already do using their "alternative investment branches" :P
Just look at cryptocurrency ETFs and more structured products (eg: VanEck Vectors Bitcoin Strategy ETF and the like)

These are the altcoins, when investing in bitcoin, we not only store it, we also need to use it for commercial purposes, which will help us generate good profit margins.

It is not quite clear what you mean between the "conglomerates" and the "rich"

If you refer to investment companies (such as hedge funds and their likes), this is unlikely since Bitcoin is mostly not regulated so far, at least, not to a degree where such companies are allowed to legally invest in Bitcoin. On the other hand, if you mean wealthy individuals, some of them (like the Winklevii twins) already bought some coins in the past and even created a few businesses involved with Bitcoin (say, Gemini the exchanger). But personally, I don't think there are many institutionally wealthy people who are very interested in Bitcoin (of Warren Buffett caliber)

I do think that there are a lot of wealthy investors that are entering the market simply because of the price of bitcoin. If you are talking about conglomerates or a company, there are, but we may never know because the clients may want to remain anonymous and they want the hedge fund managers to be their front. But with Warren Buffet caliber, I don't no. I doubt they are, but let's say very rich like millionaires yes I personally believe they are now slowly entering the bitcoin ecosystem and diversifying their funds into the market. They have so much money that they still thinking of making more and the best option they could see is bitcoin investment, specially for the long haul.

Because it's probably not clear even to OP, who missed this topic in its
hundreds of iterations.  Anyway,  I have no doubt rich folks are getting into bitcoin.
Where do you think all this cash came from to support the rise to $4300? It's a
bunch or wealthy individuals.   And you know people like the winklevii twins got
skin in the game.

The hailed richest man on the world, Bill Gates has some positive insights about bitcoin among other rich tech entrepreneurs. There is a big possibility that these businessmen are also getting their hands dirty and are starting to invest in bitcoins just like what other normal dudes do.


Yep. ETFs are just there to mask these rich investors' names so that the public wouldn't know that they're into something. It's plane simple: get on the train first. After you're sure you get the best spot, hype it big time then voila! More money!

Have you seen tom crazy, jennifer lopez, obama, jose eduardo dos santos, donald trump and so many celebrities and millionaires investing in bitcoin?

I still have not seen, bitcoin is a coin with many advantages but still not accepted by many celebrities and millionaires.

We have to see presidents of countries, influential people of oil and gold to invest in bitcoin

There is no sure way to know that

In fact, it could be the same dollars that had previously been received from selling bitcoins when the price went from around 3,000 dollars down to below 1,800 dollars per coin. And the recent growth to over 4,400 dollars might have been on a rather thin market. Otherwise the price wouldn't have surged as easily and as quickly as it did. In other words, we should also take into account the market depth to claim that the new money actually entered the system. But I don't deny that there should be some, the question is about how much

I think not all of them, just around 2% or less. Because their still seeing this cryptocurrency investmen wasn't safe because its decentralized. Those who have Huge money on their account has their own calculations if they want to do an investmen. Calculating the possibility of profit and loss. Some of them are bravely enough to take a risk, but most of them are not. They choose a safe investmen than a risky one. Cryptocurrency is a risky investment, because of that, just some of them who enter this crypto investment.

I'm sure it's because now the news about bitcoin has spread in various mass media, so I think it will make the coglomerates think that this is a good place for investment what else to see the recent bitcoin price increase is very striking, this is also one of the factors Incentive for them to invest in bitcoin

There are but not many, as most rich people are too busy with their business dealings, and some focus on companies because they have a very important company in their careers. That's why only a small percentage of rich people use bitcoins, and they also use them only to store their wealth.

Yes they do and for sure they already invested in bitcoin for a long time ago and maybe some of them just invested in bitcoin from last year. Bitcoin is a great investment to have and for sure they are already enjoying their profit for believing what is bitcoin and what is the opportunity that we have right now in bitcoin.

Good topic

I check bitcoin/crypto news regularly and there are more and more household names that are becoming involved in bitcoin and cryptocurrency. A recent one is Fidelity Investments

Can't wait to see more and more of this adoption!

There are some rich person are trying to invest in crypto but not in bitcoin atall. Such as there are some companies are trying to take the advantage of the blockchain and try to develop their own blockchain through make a partnership with some Project that already provided the blockchain structure such as ethereum.

I'm sure about it, but there is no way to know who are the rich people investing on Crypto-Currency, they try to stay most anonymous as possible and maybe using other people to invest for them here. Crypto-Currency, especially Bitcoin have became too big and strong, powerful people won't stay out of the future of financial system. They will try to take advantage somehow, and if they try hard I'm sure they will...

Well there are chances that these people were the one who made by high in demand in supply. Because btc won't attain these LVL if there were no investors who would support these kind of stuff. Satoshi might be name from Japan but maybe he got his funds in the American soil that helped him in a secretive ways. From what i think there are already bunch of rich guys who had helped invest in btc.

I'm sure that bitcoin increases because of the wealth of wealthy investors who invest their money for their business.
Without people the rich, bitcoin will not be what it is today.

I'm pretty sure there are a lot of wealthy people who have some stash of bitcoin somewhere. Of course we wouldn't know it because they don't speak about it publicly. They just go around quietly and let the value of their bitcoin holdings grow over time. If the institutional investors start pushing and applauding bitcoin, then more people are going to be invested which would lead to higher demand and more wealth for those who have been holding for a few years already.

Of course i'm sure it must be done by many rich peoples / conglomerate peoples. They are definitely investing in their money with bitcoin, already many have a predicts that bitcoin prices will get higher in the future and continue to providing good expectations for everyone in investing or any other ways to earning bitcoin.

I think a reason why rich people are rich is that they know where to invest, and with that yes I do believe they would buy and invest in bitcoin if they can see its potential. Just because they're already rich, it doesn't mean they would stop looking for ways to become even richer. Its because of that kind of that mentality precisely why they are rich as they are. They will continue to invest because that's how businessmen are, always on the look out for good investments.

I see few wealthy people invest in bitcoin, they see the constant fluctuations it impedes their investment. Like you can not invest large sums of money into something uncertain.

For sure, not only few rich people are investing in Bitcoin but more.

actually, those early adopter of Bitcoin are among the richest. who own a thousand or hundred thousand bitcoin.

Those who owns a hundred thousand bitcoin is very rare now as most of the rich ones in btc only got a thousand or two but I doubt if there is still someone who keeps a hundred thousand btc but it is very possible if they held and never moved their btc at least once on their bitcoin wallet. Those who got those high amount though for sure will get nice profits on bcc now since if they got a hundred thousand btc before fork, selling now would result in them halving a ton of free money.

If you're referring to those who are already established and rich way before Bitcoin is as it is now, then I think yes they may be investing in Bitcoin. I think that even if I'm already, I would still invest in Bitcoin because of its potential. In fact, I would take advantage of my resources to buy Bitcoin if I were rich. Rich people still need to invest despite the riches that they already have.

But if you're talking about those who bought Bitcoin years ago and are now millionaires, then I also think that they still invested in Bitcoin. Surely because of their experience of holding Bitcoin which increased in value over the years, they would still invest because it is still possible for the value to continue increasing.

I think that the rich who needs challenges will invest in bitcoin. I know that bitcoin looks like a great opportunity but almost every rich will stay investing in stocks, shares, assets, real estate because that has some tangibility and I guess less risk then bitcoin.

It is all relative

The uncertainty of value (also known as volatility) determines the possible amount of investment, i.e. how much risk you are ready to take (otherwise known as "how much you are willing to lose"). Obviously, rich people, and still more so insanely rich ones may be willing to invest more in absolute terms, though to them it might still be mostly pocket money. Remember that the Winklevii twins bought a few dozen million dollars worth of bitcoins. I don't think that could ever count as a small amount

agreed! Bitcoin is here on this place is only due to its users and mainly due to its rich users because they invest a lot in bitcoin and hence make it expensive. And in result bitcoin return this favor in the form of profit that will doubled or tripled their wealth. Bitcoin also take good care of small investors and granted them with pretty much profit so that next time they invest more.

I don't even know what you are asking so unfortunately I can't help... :P

Yes, rich people have more opportunity to make more money from bitcoin because they have more investment. The more money you invest in bitcoin the higher you can get the profit, I think it is very easy way for rich people to make their money double or even triple. The good news is the investment of rich people also benefits us, because it make bitcoin more expensive.

I think there must be a conglomerate following bitcoin, just think bitcoin is a very valuable investment for now. But I do not think there are too many conglomerates that follow the bitcoin. because of course they still have many assets in other fields. Such as realestate companies they have and others. I think some of the conglomerates are more interested in saving the shares they have in other business areas they are living. But I really hope more and more investors from the conglomerate, it can cause bitcoin value will always exist.

This is a unique fact, many conglomerates move their money to bitcoin, they invest heavily into bitcoin because they believe the future of bitcoin will improve and of course the money will continue to increase in value rather than save to the bank.

Your title made me think one thing, and then your post seem like it was going in a different direction. For conglomerates and corporations, smart contracts and tokens would be one of the main things that would attract them. The fact that apparent token or coin is completely transparent is great for some transactions at the corporate level, for example to buy and sale of stock.

But then a lot of what happens with that money after that should only be available to the stockholders, and that short of Ledger can be hidden inside of a side token with an apparent token. But as far as just rich people using Bitcoin, I think a lot of people think that Bitcoin has made them rich.

I think big corporations investing in Bitcoin are good. They have big capital, they have human resources, they have a good business strategy so they will make Bitcoin more development.

Well This is true that most of the elite class has their own businesses with company form of organisations and they have all the concentration on taking their business from better to best. Also I've noticed one common thing in all these businessmen that they don't believe on virtual stuff. Most of them are against bitcoin, they prefer dollar.

Those so called bastard of conglomerates are also into Bitcoins but in secret. Thats why some of those buggers  were manipulating the BTC market a month ago to accumulate some.. >:(

not everyone is rich, because not all of them understand and understand bitcoin, even their time is too little to learn bitcoin.

there is no exact data how many rich people were investing at bitcoin but as the rich people they will always be figure out the opportunity to making money to increase their wealth then invest in bitcoin probably will be their option because as long term investment i think bitcoin will be good option and a lot of benefit from holding bitcoin for long term purposse so possibly rich people might be have bitcoin as their secret investment

In the present time everyone know about bitcoin. There are also many other digital currency but the only most beneficial currency in all the digital currency. It help the people to save their money and in this way their money also become safe and help people to send their money from one person to another very easily. Many of the world population know about the bitcoin and is using it but in future even kids will come to know about it.

Well I'm not sure if some of rich people do invest here in bitcoin cryptocurrency they make their owned business as well to make more money, perhaps peoples do invest here in cryptocurrency that was hiding their money to the government because we quietly store our money bitcoin from wallet with out any evaluation of money.

It ain't necessary for them to create their own business as well in btc for them to invest to it. Having a mining farm of their own is enough rather than creating their own business. I am sure that those rich bastards somehow invested on btc in secret and most of them are part of the so called whales who owns large amounts of btc. They don't necessarily hide their money with the government but rather they just do it in order to gain more.