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Author Topic: Do you think billionaires invest in BTC?  (Read 54011 times)
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June 25, 2017, 07:00:58 AM
 #241

I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
some are yes and some are not. Maybe because are too busy and focused in their own business. I think some billionaire who have free time in their work still invest in BTC to earn more income.



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June 25, 2017, 07:09:15 AM
 #242

I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
Yep they most certainly do know it exists well the ones who are in technology anyway, people like Warren may know but not really invest in that sphere due to their own investment preferences and aversion. Right now they are the ones paving the way forward in technology for others to grow and develop in the cryptosphere.

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June 25, 2017, 07:12:24 AM
 #243

I think they have couple of very rich people here in bitcoin world . Since the cost is keep expanding and that great to us in the event that they have extremely rich people in light of the fact that if bitcoin diminish the cost those very rich people for beyond any doubt purchase a considerable measure of bitcoin so the cost will increment once more
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June 25, 2017, 12:52:33 PM
 #244

I don't think so. I think Billionaire will not invest in BTC. Because they have already a lot of business. And they make a huge profit from their business.
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June 25, 2017, 01:23:00 PM
 #245

I don't think so. I think Billionaire will not invest in BTC. Because they have already a lot of business. And they make a huge profit from their business.
There is no impossible in billionaires. Billionaires always seek for investment not only in their business since that's the way the became billionaire. Successful people always take opportunities as far as they can.

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June 25, 2017, 02:14:28 PM
 #246

This is not a surprising matter, billionaire always want to make his or her money more, they are really intelligent and business magnet, they are always seeking an opportunity to gain more profit, so they can do anything in order to enhance their wealth, from my point of view that they may use bitcoin for increasing their wealth...
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June 25, 2017, 02:34:01 PM
 #247

This is not a surprising matter, billionaire always want to make his or her money more, they are really intelligent and business magnet, they are always seeking an opportunity to gain more profit, so they can do anything in order to enhance their wealth, from my point of view that they may use bitcoin for increasing their wealth...
Yes that is also my opinion aboit billionaires and millionaires they want more money and if theres a opportunity they will grab it. While the poor are always doubting even there is a proof they will call it a scam or scammer . I guess in that way why the rich becomes more rich and the poor are most often late to join the ride.
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June 25, 2017, 04:35:43 PM
 #248

Billionaire Mike Novogratz publicly claimed 10% of his net worth is invested in bitcoin / crypto a few months back. He said crypto is the best investment of his life so far. Here's an article CNN did of it back in april.

Quote
Billionaire says he has 10% of his money in Bitcoin and Ether

"Ten percent of my net worth is in this space," Novogratz said at a forum held at the Harvard Business School Club of New York Wednesday. He declined to say exactly how wealthy he is, but he's a former hedge fund manager at Fortress Investment Group and a Goldman Sachs partner who made the Forbes billionaire list in 2008.

It's the "best investment of my life," Novogratz said.

Bitcoin was worth under $500 a year ago. Today the digital currency trades at over $1,200. Back in 2013, Novogratz predicted Bitcoin's value would soar. He remembers people laughing at him at the time.

Since then, Bitcoin's price has been on a wild run. It surged to nearly $1,000 in late 2013 and then fell to under $250 in 2015. It started to fly again last year, around the time of the Brexit vote. It surpassed $1,000 in January of this year again and has kept climbing.
Now Novogratz is saying Bitcoin will go to $2,000.

But he also warned the Harvard Business School Club crowd that there will "likely be a bubble" in digital currencies. The best way to handle it, he argues, is the old Wall Street trick of diversification. Put a little money in a lot of different plays in digital currency.

For example, Novogratz was also an early investor in Ether. It's another digital currency that has quickly emerged as the No. 2 rival to Bitcoin. Novogratz says he bought Ether when it was trading for about $1. Today it's worth over $48.

Novogratz met Vitalik Buterin, the young Russian brainchild behind Ether at a dinner party at a prominent CEO's home. He recalls that Buterin, then 21, showed up late, which struck him as shocking -- and a bit ballsy. He figured it was worth paying attention to Buterin.
Ether is a currency with a "smart contract" function that gives users additional security and abilities to transfer information in addition to monetary value.

We're witnessing the "3rd inning" of this digital asset revolution, Novogratz predicts. He's not exactly sure how it will play out, but he plans to continue investing in digital currencies and Blockchain, the revolutionary technology behind the scenes that makes Bitcoin work.
Blockchain is literally a digital ledger to record and track transactions. What makes it so technologically advanced is that multiple companies or parties can access the Blockchain and see the history of what happened to an asset.

Novogratz has emerged as one of the biggest Wall Street cheerleaders of Blockchain, but his bets haven't always gone so well. He exited Fortress in 2015 after the company shut down his Marco Fund for poor performance. It lost around 20% in its final year after his investments in emerging markets, especially Brazil, tanked.

"We have had an extremely challenging two years, and I do not believe the current environment is conducive to achieving our best results," Novogratz said at the time.

http://money.cnn.com/2017/04/20/investing/mike-novogratz-bets-big-on-bitcoin-ether-blockchain/index.html
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June 25, 2017, 05:27:04 PM
 #249

I think that they arent going all-in on currencies, but I think that their portfolio has a little % of money on top altcoins (BTC, ETH, LTC, XMR, XRP...)
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June 25, 2017, 05:27:58 PM
 #250

We have maybe millions of people each one with hundreds of millions and even billions dollars as their wealth but are totally anonymous.

One of which people would be Satoshi, anyways how'd you suggest price of Bitcoin fluctuates in such a rate as the last 3 months? I believe

There are a few major and extremely rich investors currently pumping all the coins in crypto. and they are trying to evade tax and hide their

Total wealth from everyone, imagine a man with $10B wealth, now if his wife tries to divorce him he would have give her half of everything

He has but if he converted $5B into top 5 cryptocurrencies he'd be paying her only half of the other $5B Wink.
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June 25, 2017, 07:01:48 PM
 #251

I don't think so. I think Billionaire will not invest in BTC. Because they have already a lot of business. And they make a huge profit from their business.
There is no impossible in billionaires. Billionaires always seek for investment not only in their business since that's the way the became billionaire. Successful people always take opportunities as far as they can.
yes it is more easy for them to invest their money in bitcoin, because they can afford if even they lose a little money, but if the price goes up then they have more chance as compare to average people to make more money from bitcoin.
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June 25, 2017, 07:13:31 PM
 #252

Why not? Microsoft's Owner Bill Gates feels Bitcoin is unstoppable and is even accepting it for their XBox gaming consoles and other different types of payment modules. Winklevoss brothers, who were behind the main concept of Facebook are two billionaire brothers who have their investments in Bitcoin as well as even tried their best to get it listed in the International Markets via SEC through ETF (which unfortunately got rejected).
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June 26, 2017, 04:01:28 AM
 #253

I think yes, bitcoin popularity grows every year so I think those billionaire knows about bitcoin and maybe they did invest some. Billionaires always seek for another opportunity where they can grow their money more so I think they invested in bitcoin.

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June 26, 2017, 04:19:15 AM
 #254

I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
We cannot say that they are investing or not because there stil no confirmation about the big names that invested on cryptocurrency but I think yes because they are always updated in the news because they are business man so I think they are investing into it maybe they are the whales but no one knows.
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June 26, 2017, 09:34:36 AM
 #255

There is much evidence that significant increases in bitcoin prices make many people suddenly rich. I'm sure, the trend of price increases still continues for the next 5 years, keep and continue to buy bitcoin is a good thing to make us billionaire.
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June 28, 2017, 09:42:22 PM
 #256

I don't think so cause billionaires i mean they surely have other things to invest in and much profitable than bitcoin so i don't think so no

Well billionaires always want to be more richer. When there's an opportunity for everything and there's a great potential then why not.
Billionaires are always risk taker so they don't mind the capital or other things. Money is everything for them.
billionaires always go for further investment to get more money.place meeting on investment .Billionaires are playing in billion they don't care about money.They only care about there profit and (Capital).So definitly Billionaires investing in bitcoin to get more money.and also target bitcoin as there capital.
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June 29, 2017, 01:25:46 AM
 #257

For a fact they do. Tim Draper is one who bought thousands of bitcoins through the FBI auction a couple years back. There are others too that are not public about it as well.
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June 29, 2017, 01:34:46 AM
 #258

I guess they already know the bitcoin at the moment. News about bitcoin investment is so great that it's impossible they do not know it. By looking at the big profits then they will be interested in investing in bitcoin. We can not know who is investing because the bitcoin system is anonymous so everyone looks the same. But I'm sure many billionaires have enjoyed the benefits of bitcoin investing.
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June 29, 2017, 01:53:53 AM
 #259

I guess they already know the bitcoin at the moment. News about bitcoin investment is so great that it's impossible they do not know it. By looking at the big profits then they will be interested in investing in bitcoin. We can not know who is investing because the bitcoin system is anonymous so everyone looks the same. But I'm sure many billionaires have enjoyed the benefits of bitcoin investing.

Yes I'm always thinking that way back then when bitcoin was still at it's early age they already knew about bitcoin. But maybe they didn't believe on it as the figures is not that high. As of today, for sure they are trying not to regret that they didn't invest on bitcoin on it's younger day.

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June 29, 2017, 12:37:34 PM
 #260

I guess they already know the bitcoin at the moment. News about bitcoin investment is so great that it's impossible they do not know it. By looking at the big profits then they will be interested in investing in bitcoin. We can not know who is investing because the bitcoin system is anonymous so everyone looks the same. But I'm sure many billionaires have enjoyed the benefits of bitcoin investing.
As what we observed today in our market regarding the increasing of bitcoin price, more investor and countries like australia, china, japan and etc. invest in bitcoin because they know its a great opportunity for profit. Thus, more people want to use the bitcoin as their business even its a small capital because of benefits and uses.

And also before the investor go for bitcoin, they analyze, study for sure profit and for successful of their business.
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