Bitcoin Forum

Hi All,

I thought that last price jump should be something reason, there are several factors such as G-20, then later to the decreasing significantly of market price until perhaps certain value. One of reason is entering of big world class person/institution into crypto space. Recently we heard John MccAFee, and now there are several of them:
1. George Soros
2. Rockefeller family
3. Rothschild
4.  Warren Buffett ?

We will see the price of crypto after above are entering into crypto space.....wait for big world class persons/institutions effect....

https://www.financemagnates.com/cryptocurrency/news/first-soros-invests-cryptocurrency-now-rockefeller-buffett-next/

Hi mate seems your posting really happened as recently almost all cryptocurrencies price are increasing, the most factor shall be their entering to this crypto space...It is really good sign

Soros last time he did short UK Pound, so for now maybe he will also prepare for short

Big money doesn't guarantee anything for crypto price to move up steadily , it might skyrocket for a while but then crashed to the deepest, we need a real investor who really interested in crypto project.
We have seen it , up for 20% but then followed with 30% drop , it wouldn't be good for crypto . We need a long term effect , not a temporary .
But yeah at least you can collect some profit in the process , I just saying ideally a long term investor who looking forward to bring the current financial system into a new level with crypto would be a better investment and considered as a real good sign.

Theres nothing to be surprised of even these billionaires or big names would involve into crypto or bitcoin itself it cant really be assure that adoption is the main concern but I do rather believe that they are switching in because of the money making thing not totally into its tech and im surely believe on that one but still we don't know what are the things inside into their own minds.

John Mcafee probably made more money through speculation and shit coin tweets than that he invested in coins./ It is good sign because that means btc is not bubble and crash is done.

Wondering if this is the news that got the yesterday's and todays prices got spiked? I mean are these people really bothering to enter the market and making the moves in the first place? If thats true then I am pretty sure we should tighten our sit belts as we ride through the flood of profits. LOlz.

I mean surely they can do that and if they are going to enter then they will surely enter as heroic entry and will putting big assets in the crypto space making it full of large volume. We never know what these people can do so we better do our best part by holding and investing more into crypto.

It's always difficult when talk things ideally , but that's okay as when big names get in crypto space it could be a big boost , a free massive promotion for those people who always in doubt .
Seriously a temporary pump feel like a scam, big money won and weak hands always suffering. That's trading , sometimes it's so cruel then people tend to gamble there instead thinking , analyzing market properly. The point here that big funds could causing a chaos . Mtgox are an example.

While I think there will be more manipulation due to the nature of those players, I think it will bode well for cryptos long term. More money will flow into top notch coins like Bitcoin and Ethereum, and some of the crappy altcoins surely will die off this time. Can hardly imagine the top players investing in all the shitcoins like Verge and Tron, although those will likely get pumped before the worst of coins like hodlcoin or neverdie.