Billionaires buying Bitcoin

[Washball]

The largest amount of bitcoins is owned by a very small group of big investors and this small group has the power to make or break the price. They pump and dump in order to get more and more bitcoins. And they will not allow bitcoin going to zero, so there will be a significant price increase not too long from now.

[Gotottack]

Well, who knows?

Are you telling me that when it is known that billionaires buy Bitcoin, there will be many others who will follow through? Granting the latter statement is true, can 'others' actually buy Bitcoin considering its current value? We all know Bitcoin is not cheap to date. More so, it is not something that settles for a mainstream price for a long time. Hence, buying AND selling Bitcoin would always entail possible opportunity losses along the way.

In line with the topic on hand, I just hope this encourages people to invest and be proactive about ones investments.

[ElizRu]

Sooner or later, large companies will come to this market and they will want to join them or not.

[zelenkova]

It is on billions that the market depends in large quantities, when there is a sale, then
the price falls.

[zelenkova]

Crypt and Exchange is a game comparable to a casino or other gambling that can also draw in.