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Author Topic: Li Ka-shing the richest man in Asia has invested in Bitcoin  (Read 1137 times)
Kenshin (OP)
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December 31, 2013, 12:38:49 PM
 #1

http://www.scmp.com/business/banking-finance/article/1390224/bitcoin-service-firms-best-investment-not-virtual-currency

I am surprised that the price of Bitcoin didn't go back up. Li Ka-shing is the richest man in Asia. https://en.wikipedia.org/wiki/Li_Ka-shing

FYI, he invested in Facebook. When Facebook wasn't even well known at the time.

He also own all the major seaport in the world.
T.Stuart
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December 31, 2013, 12:43:57 PM
 #2

http://www.scmp.com/business/banking-finance/article/1390224/bitcoin-service-firms-best-investment-not-virtual-currency

I am surprised that the price of Bitcoin didn't go back up. Li Ka-shing is the richest man in Asia. https://en.wikipedia.org/wiki/Li_Ka-shing

FYI, he invested in Facebook. When Facebook wasn't even well known at the time.

He also own all the major seaport in the world.

He hasn't invested directly in Bitcoin, that is the point of the article. He is putting money into services.

This is a very good idea... and his move is one of many bits of news that are playing a role in the significant way in which the price is moving slowly upwards now without crashes. It looks very much like nobody wants to sell Bitcoins for fiat now. Everyone is content to hold. Not a bad idea either, in my opinion. It's what I'm doing!  Grin

                                                                               
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Kenshin (OP)
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December 31, 2013, 04:08:13 PM
 #3

That is what I am doing, too. Unless I have unexpected bills to pay, then I have to change to fiat. I am not working and Bitcoin and Financial trading is all I do to make money.
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December 31, 2013, 05:37:29 PM
 #4

He is now indirectly involved in bitcoin through Bitpay and Second Market: http://www.horizonsventures.com/#portfolio

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December 31, 2013, 05:50:58 PM
 #5

He is now indirectly involved in bitcoin through Bitpay and Second Market: http://www.horizonsventures.com/#portfolio
He is not directly involved with anything there, the employees of his VC firm are. And they probably invested in the platforms themselves rather than using them...
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