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Author Topic: An Article Claims BIG Investors Now Buy the Bulk of BTC  (Read 1125 times)
OROBTC (OP)
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July 25, 2016, 05:09:15 AM
 #1

...

Author Chris Vermeulen (a gold guy, but, hey I am too) writes that China and big investors (the Winkelvoss twins have not gone away) represent the bulk of new BTC purchases.

http://www.24hgold.com/english/news-gold-silver-large-investors-become-major-buyers-of-bitcoin.aspx?article=8762349738H11690&redirect=false&contributor=Chris+Vermeulen
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CoinBreader
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July 25, 2016, 06:43:19 AM
 #2

nice article ! but i think these guys are already in.. a billionare would not share his thoughts about the next move thinking to make,
but the sure is as bitcoin mention on various articles like this more people they will be aware,
anyhow ill be glad to be on the same boat/train with gold/silver holders and investors
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July 25, 2016, 08:14:53 AM
 #3

Obviously Bitcoin is very interesting for the gold bugs, holding Bitcoins long term is basically the same thing.

For big investors its big tougher to get in as the Bitcoin is very illiquid market for the amounts they are used to, so it might suddenly increase the Bitcoin price a lot, and limiting to buy certain amount of Bitcoins only daily to dont affect the price is time consuming work and very slow way to move in to the Bitcoin for them.

Im sorry for Winkelvoss twins they need wait so long and trying so many times for the positive regulatory decision - what a joke.

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July 25, 2016, 09:12:50 AM
 #4

Happy to  see the news that billionaire is  buying bitcoins for investment. Above article news has shared complete details ,if more people buy bitcoin  like this it will be good news for bitcoin market and price will go high much more Smiley

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July 25, 2016, 11:50:10 AM
 #5

Obviously Bitcoin is very interesting for the gold bugs, holding Bitcoins long term is basically the same thing.

For big investors its big tougher to get in as the Bitcoin is very illiquid market for the amounts they are used to, so it might suddenly increase the Bitcoin price a lot, and limiting to buy certain amount of Bitcoins only daily to dont affect the price is time consuming work and very slow way to move in to the Bitcoin for them.

Im sorry for Winkelvoss twins they need wait so long and trying so many times for the positive regulatory decision - what a joke.


Regarding big investors they have the possibility to buy bigger amounts of bitcoin via OTC market.
That could also be a reason why Bitcoin still is pretty cheap at the moment.It's very easy for those OTC traders to suppress this small market and sell bigger chunks for a good price to their customers after enough of accumulation had been made.
Vinny Lingham wrote a great article about it not that long ago.

https://vinnylingham.com/the-1-dont-use-bitcoin-exchanges-ff019774d886#.oxs0n4tzo
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July 25, 2016, 12:03:44 PM
 #6

The whales will come first before the common folk. The average joe is simply too dumb to see the point in bitcoin yet so the deep pockets will come next, then later on the average joes, that's how it goes. The good news is, this fact makes us pioneers since we have been involved before big investors got interested.
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July 25, 2016, 12:07:22 PM
 #7

bitcoin is at a very good place right now and i am not surprised to see big investors show interest in it. with the halving done and the price being stable, everything is getting ready for another huge rise just like the last time halving happened, and i doubt that any good investor would want to lose this opportunity to make a huge amount of money.

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July 25, 2016, 12:19:12 PM
 #8

Cool!  It would be good for big whales to buy some and thus boost the price for us minnows.   I have no problem with whales or the Chinese buying it up.

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July 25, 2016, 12:27:21 PM
 #9

these people are smart, and thus will or have already been buying small fractions per time to not let the price go up too much. in general this is of course good news as the big boys have interest in taking a position in bitcoin, but it won't be that noticeable in the price. it does however make sure a good number of coins are (temporarily) gone from the market, which translates into less coins being put up for sale.
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July 25, 2016, 12:33:39 PM
 #10

I'm sure alot of whales have been buying in smaller accounts so as not to raise any suspicions but a lot have already bought on a large scale already.  It will be tricky getting new ones in but would do bitcoin wonders if we managed to get a few more.

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July 25, 2016, 12:34:34 PM
 #11

I hope the price gets a boost and we are going back to the 1,200$ glory days.
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July 25, 2016, 01:41:47 PM
 #12

OTC trades (and large ones at that) probably make up the majority of the net bitcoin worth transacted everyday. The magic happens off the books, usually. If you were making a substantial investment, and you didn't 'grow up' in this janky environment of exchanges, would you send 100k worth of value to Poloniex or Yobit? We take alot for granted because a lot of us have been in this ecosystem for a few years now, and we have come to accept things as they are, not how they should be. Traditional finance doesn't share these blinders with us, they have their own  Grin
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July 25, 2016, 01:54:00 PM
 #13

...

Author Chris Vermeulen (a gold guy, but, hey I am too) writes that China and big investors (the Winkelvoss twins have not gone away) represent the bulk of new BTC purchases.

http://www.24hgold.com/english/news-gold-silver-large-investors-become-major-buyers-of-bitcoin.aspx?article=8762349738H11690&redirect=false&contributor=Chris+Vermeulen

The twins maybe a real gamblers to gamble and put to risk million or I should I say their billions of investment. If in case the price will go down they will get a heart attack
But I guess they have a group of financial analysts and trading experts to monitor and predict the movement of bitcoins. I'm sure they are not stupid to waste such big money that they are not sure they will profit.
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July 25, 2016, 01:59:14 PM
 #14

...

Author Chris Vermeulen (a gold guy, but, hey I am too) writes that China and big investors (the Winkelvoss twins have not gone away) represent the bulk of new BTC purchases.

http://www.24hgold.com/english/news-gold-silver-large-investors-become-major-buyers-of-bitcoin.aspx?article=8762349738H11690&redirect=false&contributor=Chris+Vermeulen

The twins maybe a real gamblers to gamble and put to risk million or I should I say their billions of investment. If in case the price will go down they will get a heart attack
But I guess they have a group of financial analysts and trading experts to monitor and predict the movement of bitcoins. I'm sure they are not stupid to waste such big money that they are not sure they will profit.

And this is why, since they got their exchange up and running, I'm optimistic for the future of btc. They have reputations in finance that precede this bitcoin thing, for them to go all in (apparently with the blessings of experts) is a good thing. Also, they attract more of traditional finance to the party, which is the opposite of a problem.
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July 25, 2016, 02:00:41 PM
 #15

...

Author Chris Vermeulen (a gold guy, but, hey I am too) writes that China and big investors (the Winkelvoss twins have not gone away) represent the bulk of new BTC purchases.

http://www.24hgold.com/english/news-gold-silver-large-investors-become-major-buyers-of-bitcoin.aspx?article=8762349738H11690&redirect=false&contributor=Chris+Vermeulen

these have always been a big part of the investors that has been buying a lot of bitcoin over the years, and they have became whales for themselves over the years.
and these twins may seem like exiting bitcoin sometimes but i guess that is what they want others to believe and in fact they have always been so deeply invested in bitcoin.

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July 25, 2016, 02:22:12 PM
 #16

can't be sure with it, if demand increased so does with the price but the price just falling,maybe they're buying it periodically and small by small
but still it could affect the price to up not to down

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July 25, 2016, 02:41:54 PM
 #17

That would make them the dumbest investors that ever lived. Bitcoin has no intrinsic value like gold does. It's not used in manufacturing anything. If they are the major force behind the economy and they aren't spending them but only hoarding them then their is no economy.

That means they are investing in a money without government backing, with no economy, with no intrinsic value, with almost zero velocity, with bad media attention suppressing widespread use, where financial crimes are the norm in business, where good businesses are dark web based and sell illegal items, where the money printing press is run by a constantly changing and unorganized clusterfuck of leaderless bafoons (devs) and they are buying up all the potential for the money to start being used.

Yeah, that sounds legit. The only good news in this is the Winkledouches will lose all the money Mark Zuckerberg worked so hard to accrue. The most difficult thing the Winkledouches ever did was hire an attorney.

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July 25, 2016, 02:47:56 PM
 #18


The twins maybe a real gamblers to gamble and put to risk million or I should I say their billions of investment. If in case the price will go down they will get a heart attack


their average buy in is $10 or less. they're gonna have quite a wait before they get twin heart attacks.

i'll bet there is alot of trading going on behind closed doors. there was the tweet from the bitfury guy a few weeks ago turning down a family office looking for 25,000 btc.

as for the price suppression thing, surely new waves of whales arrive all the time. does this mean the bitcoin price is going to be suppressed until every whale in the whole world has what they want? that's several decades of suppression.

by that point everyone else will have migrated to coins with some actual action leaving all the whales with worthless tokens.
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July 25, 2016, 02:53:51 PM
 #19

They probably do to be honest, chances are they see some value with it and or they know that there's a lot of money to be made off of it in the future, because there is no way they would be doing anything otherwise with that money. The richest people in the world buy things for a reason, and if these people are buying a lot of Bitcoin they have a very good reason for it.
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July 25, 2016, 03:01:02 PM
 #20

They probably do to be honest, chances are they see some value with it and or they know that there's a lot of money to be made off of it in the future, because there is no way they would be doing anything otherwise with that money. The richest people in the world buy things for a reason, and if these people are buying a lot of Bitcoin they have a very good reason for it.

Don't trust that VC investors know what they're doing. Somewhere between 75-90% of all VC investments fail. 48 billion VC dollars were lost between 2011 and 2015. I think most of them have more money than brains.

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