Bitcoin Forum

Dan Bilzerian, serial socialite and son of Armenian takeover specialist Paul Bilzerian, has told his millions of fans it is “time to get back in” cryptocurrency.

BILZERIAN AND BITCOIN: SECOND TIME LUCKY?

The outspoken gambler and internet personality, dubbed Buzzfeed’s “most popular man of Instagram” and whose net worth is over $100 million, hinted he was preparing to buy back into the market in a tweet April 22.

Bilzerian is the latest voice to lend weight to the theory that Bitcoin prices have returned to an upward trend after almost six months of losses following December 2017’s all-time highs.

As Bitcoinist reported, Sunday saw prices hold just below $9000 to cap the first consecutive two-week gains for BTC/USD since the $20,000 levels.

Bilzerian, himself something of a veteran by crypto adoption standards, publicly announced in May last year he had conducted mass purchases of Bitcoin, describing his disbelief at the success of his “shitload” of coins.

“It’s so crazy watching that shit fu**ing go up, too, it’s like sweating like I made a bet on the Super Bowl or something,” he said in a video at the time.

Later, he disclosed his current holdings were allegedly composed of 50% Bitcoin, 25% Ether, 15% Monero and 10% Bitcoin Cash.

EXPERTS SOLD ON A BITCOIN MOONSHOT

The family penchant for crypto goes further, Bilzerian’s brother Adam having purchased a St. Kitts and Nevis passport and renounced his US citizenship.

In less mainstream environments meanwhile, Bilzerian is far from alone in sensing a new era for cryptocurrency investing. Experts including players such as Pantera Capital and Fundstrat Global Advisors have joined well-known ‘Bitcoin bulls’ in forecasting serious price rises by the end of 2018.

Estimates currently range from $20,000 to $100,000, while famous faces such as Tim Draper and John McAfee are still confident that markets will hit $250,000 by 2022 and $1,000,000 by 2020 respectively.

http://bitcoinist.com/back-crypto-gambler-dan-bilzerian/

Dan Bilzerian's interest in crypto moneys can be perceived as a bad advertisement of crypto moneys. This is a pretty bad advertisement, and Dan Bilzerian should stay away from Bitcoin.

Regardless of this guy's reputation, I guess this is a good indication for all investors. So as for me, I guess it is high time for people to buy in. I just hope too, we would not be swamped with many dumpers in the process because they greatly affect the market once they let go and cash out, leaving too much Bitcoins in circulation thereby causing the price to suffer. I hope people will be more rationale nowadays, and learn from the past. Nevertheless, let all positive vibes come in!

Correct, everyone who have been in crypto know that its just a matter of time before we can ride a bull run again. And you don't want to be left out in the closet once it started. I'm not familiar with the guy, maybe he is a bad investor, but it makes sense what he is telling though. Its logical to get in while the price is still cheap (below 5 digits) and again if a massive and exponential growth ensure in the next few months, you can make a big profit out of it. So get in while you can.

Yup.

To run for it.

He would've done fine in the end had he held, no idea whether he did, but his ETH buy in was at the time a fine peak indicator. He clearly didn't understand anything about it either.

Why any attention is paid to the declarations of someone of this calibre is beyond me.

can't say it better
he joins the club of J.Soros and other infamous,unscrupulous individuals who would sell their mother for a 300% annual profit figure
the good thing is when them vultures like Dan Bilzerian or Jeorge Soros
turn their attention to something,means there are money to be made there and it is quite a good field of operations
the market recieveing its portion of "good" news,the bullish tendencies are obvious

You should be familiar with the guy. He's one of gambling's most famous guys around. He's an internet superstar because he got extremely rich from gambling through poker. That's how he got super rich and he's been boasting this on social media. As you specifically are advertising a gambling site you should have been knowledgeable about these things in gambling.

Anyway, I any news and good news, but really there are so much people that are just blindly stating their opinion and they don't even have the background on cryptocurrencies to do so. But hey, again, any publicity is good publicity nowadays for crypto.

Why? everyone has the right to invest and we shouldn't discriminate. Personally, I hate those rich jokers who are used to having everything served on a silver platter. A loss of couple million dollars is nothing to these guys so even if they fail at predicting crypto, they can rent out one of their mansions and it will earn that money back by itself. That's why they don't care if they are wrong or right and people still act on their opinions "because they are rich, if they were stupid and couldn't invest, they wouldn't be" :D