Bitcoin Forum

The unknown individual brought bitcoin which was worth more than on billions, i.e., 96000 bitcoins during the recent crash
Check out here: Price Was Slump (https://coinpedia.org/news/unknown-bitcoins-when-price-down/)

This article has been covered numerous times and has spread all across social media. Here's an example of the same writing, but on a different site: https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

I think this is just the ideal of buy low sell high. There's nothing stopping people from buying the dips. We (at least most of this forum) knew that bitcoin would rebound eventually, and this 400 million US dollar purchase has definitely impacted the market. The rebound has been intense, and I think there's more support to come. There may be a few corrections on the way, but I think we could be setting in on a new ATH later this year. Just have to see how the technology improves and what governments end up saying about bitcoin.

Meanwhile, Bitcoin attracted the attention of many people even during the 65 percent fall in price.

It so strange to me that a lot of people don't know even one of the most useful rule for every investor: Buy Low, Sell High. By the other side - while they don't know about it or don't understand it - we can earn money.

This is a man that have decided to to grab opportunity when people where busy spreading bad news about bitcoin crash. This kind of opportunity may not come again.

I think this man is a whale eversince he started in cryptocurrency. I also think that he knows very well about cryptocurrency and he is an economist. Because a normal person would not think to buy 96000 bitcoins when the price crashed.

A normal person?
I am just wondering, are you able to buy 96.000 BTC? I think you are a normal person.
I think this is a corporation, but at the moment they decided to not divulge nothing about this action.
The reason? In my opinion - or it is beforehand or soon we will see already known corporation to have a grandiose success.

Most likely, large investment funds are included in bitcoin, therefore, such volumes, and most likely slept and was made for this purpose. I expect very good growth this year!

Interesting. How many individuals in the world are having liquid cash of $1 billion ready with them at a given point of time? I am sure that the number is less than 20. But there is another possibility that this wallet is being operated by a hedge fund manager who is managing the investments of several billionaires.

Well that person is really serious about bitcoin and do not give a damn on negatives of bitcoin. 96,000 bitcoin will worth more than a  hundreds of million dollars in the future, as it is now a million in different currency and surely that person is rich. Large amount investing will result great in a long run, wish i have that money.

$1,000,000,000 is not a big deal for richest terrorist organisation ever, that is ISIS/ISIL who have taken over some 5 countries.

I guess that account may belong to an exchange company... but it's he/she's an individual then he was already a millionaire and now a billionaire... and here we think 10 times before buying bitcoins worth 100$ :D

If I had enough money, I would have bought BTC under $7000!

The law of the market is high sell low buy, the price that chooses BTC already is 11000 dollars, buy BTC at this time obtain very good profit!

Over the past few years, when the bitcoin after a big drop, then there will be some of the large number of financial institutions to buy bitcoin, and this time the large purchases of bitcoin, I want to also is Wall Street financial institutions.

You can not prohibit a beautiful life. Bitcoin will grow. Everyone has his own investment goals.

if i have millions of money i would buy bitcoin too. it is not surprising that this unknown individual bought bitcoin at a low price. opportunity is there and he/she grab it. this unknown individual knows how cyrptocurrency works.

It is a good example for what to do when the price was crashing,so he already made a huge profits because now the price of bitcoin almost hitting $12K,so the profit was around 60% already.But if he can hold them for years then surely he will become the richest person of the world soon.

At $1,000, that’s $96,000,000. Not even Tony Starks or Bruce Wayne would have that kind of money. In reality, only Jeff Bezos would probably be that unknown individual. But he may have to sell all his stocks from Amazon before he made the supposed transaction. And we all know that he didn’t.

This is a big Whale.  To do this move, he had to take 96,000 from panicked idiots who were very afraid during the crisis and failed to HODL!  When scared little chinks freak out and get nervous - they dump their BTC holdings at VERY low prices.  Whales clean up and get VERY rich.  These drastic down markets make the whales a shit ton of money.  Having 1 million nervous pussy chinamen make for easy pickens!  

Are you drunk? ...or stupid?

Lots of people have more than $100,000,000.  Lots of people have more than $1B.  Lots and lots of people have $96,000,000.  $96,000,000 is the new middle class.  

Shocking but true and it seems to me that what bitcoin needs to make history now is influence marketers who can and will attract people to the new digital economy which i see to be the best move at the moment.
This should be a basic investment strategy that we all need to know by now if we in it for the money ;)

He was very lucky. Can we call him a whale now? So, what your ATH prediction of Bitcoin price? I knew it bitcoin price will rebound, but still curious about the next bitcoin all time high price.

The different between people is the ability of catching opportunities.

Some bought bitcoin in 2010, some in 2011 , ... , and some would not buy untilll the bitcoin price get up to 100K dollars.

That's what whales do, they wait for the right moment to buy.
Well, if I had money, I would do the same. Eventually, investing such big sum of money will boost the price and make it boom again.
the good thing is that ,now, there are more people that believe in Bitcoin and keep buying when others are panicking.