Bitcoin among conglomerates

[rizkyaza]

Do the rich now begin to invest some of their money in bitcoin?

[iamTom123]

Do the rich now begin to invest some of their money in bitcoin?

Yes and I think nobody can stop them from buying all the Bitcoin that they want since many of the rich are actually good speculators. I have read many billionaires and millionaires now getting interested to invest big amount of money in Bitcoin and other coins. I am hoping that this is just the start and there would really be more people who are serious in investing.

[Janation]

Do the rich now begin to invest some of their money in bitcoin?

I guess from the pumps that happened after the forking, we can say that many rich people are getting their interests to invest in this digital currency. And I think we don't need to ask this because it is an obvious answer, maybe they are the first ones to buy bitcoin and saving it till now.

[LuanX3]

Do the rich now begin to invest some of their money in bitcoin?

Not really. I don't think I've ready any rich guy or company invest into bitcoins. Usually these rich people and companies invest into the technology
for the advancement of their own businesses. They don't buy bitcoins for purposes of speculating it will go up. They just enrich their money making
businesses so that it will produce more money.

[bobitza]

Do the rich now begin to invest some of their money in bitcoin?

I'm not sure about the investments at the moment, but I'm sure we can get rich if we invest in bitcoin a few years ago. Many people think that ETH is fast growing, but compared to bitcoin, ETH is just an ant.

[seraph_the_wise]

You mean wealthy corporate investors? If so, yes. They already do using their "alternative investment branches"
Just look at cryptocurrency ETFs and more structured products (eg: VanEck Vectors Bitcoin Strategy ETF and the like)

[rext]

You mean wealthy corporate investors? If so, yes. They already do using their "alternative investment branches"
Just look at cryptocurrency ETFs and more structured products (eg: VanEck Vectors Bitcoin Strategy ETF and the like)

These are the altcoins, when investing in bitcoin, we not only store it, we also need to use it for commercial purposes, which will help us generate good profit margins.

[deisik]

Do the rich now begin to invest some of their money in bitcoin?

It is not quite clear what you mean between the "conglomerates" and the "rich"

If you refer to investment companies (such as hedge funds and their likes), this is unlikely since Bitcoin is mostly not regulated so far, at least, not to a degree where such companies are allowed to legally invest in Bitcoin. On the other hand, if you mean wealthy individuals, some of them (like the Winklevii twins) already bought some coins in the past and even created a few businesses involved with Bitcoin (say, Gemini the exchanger). But personally, I don't think there are many institutionally wealthy people who are very interested in Bitcoin (of Warren Buffett caliber)

[Kemarit]

I do think that there are a lot of wealthy investors that are entering the market simply because of the price of bitcoin. If you are talking about conglomerates or a company, there are, but we may never know because the clients may want to remain anonymous and they want the hedge fund managers to be their front. But with Warren Buffet caliber, I don't no. I doubt they are, but let's say very rich like millionaires yes I personally believe they are now slowly entering the bitcoin ecosystem and diversifying their funds into the market. They have so much money that they still thinking of making more and the best option they could see is bitcoin investment, specially for the long haul.

[Pearls Before Swine]

Do the rich now begin to invest some of their money in bitcoin?

It is not quite clear what you mean between the "conglomerates" and the "rich"

If you refer to investment companies (such as hedge funds and their likes), this is unlikely since Bitcoin is mostly not regulated so far, at least, not to a degree where such companies are allowed to legally invest in Bitcoin. On the other hand, if you mean wealthy individuals, some of them (like the Winklevii twins) already bought some coins in the past and even created a few businesses involved with Bitcoin (say, Gemini the exchanger). But personally, I don't think there are many institutionally wealthy people who are very interested in Bitcoin (of Warren Buffett caliber)

Because it's probably not clear even to OP, who missed this topic in its
hundreds of iterations.  Anyway,  I have no doubt rich folks are getting into bitcoin.
Where do you think all this cash came from to support the rise to $4300? It's a
bunch or wealthy individuals.   And you know people like the winklevii twins got
skin in the game.

[dothebeats]

The hailed richest man on the world, Bill Gates has some positive insights about bitcoin among other rich tech entrepreneurs. There is a big possibility that these businessmen are also getting their hands dirty and are starting to invest in bitcoins just like what other normal dudes do.

You mean wealthy corporate investors? If so, yes. They already do using their "alternative investment branches"
Just look at cryptocurrency ETFs and more structured products (eg: VanEck Vectors Bitcoin Strategy ETF and the like)

Yep. ETFs are just there to mask these rich investors' names so that the public wouldn't know that they're into something. It's plane simple: get on the train first. After you're sure you get the best spot, hype it big time then voila! More money!

[Slow death]

Do the rich now begin to invest some of their money in bitcoin?

Have you seen tom crazy, jennifer lopez, obama, jose eduardo dos santos, donald trump and so many celebrities and millionaires investing in bitcoin?

I still have not seen, bitcoin is a coin with many advantages but still not accepted by many celebrities and millionaires.

We have to see presidents of countries, influential people of oil and gold to invest in bitcoin

[deisik]

Do the rich now begin to invest some of their money in bitcoin?

It is not quite clear what you mean between the "conglomerates" and the "rich"

If you refer to investment companies (such as hedge funds and their likes), this is unlikely since Bitcoin is mostly not regulated so far, at least, not to a degree where such companies are allowed to legally invest in Bitcoin. On the other hand, if you mean wealthy individuals, some of them (like the Winklevii twins) already bought some coins in the past and even created a few businesses involved with Bitcoin (say, Gemini the exchanger). But personally, I don't think there are many institutionally wealthy people who are very interested in Bitcoin (of Warren Buffett caliber)

Because it's probably not clear even to OP, who missed this topic in its
hundreds of iterations.  Anyway,  I have no doubt rich folks are getting into bitcoin.
Where do you think all this cash came from to support the rise to $4300? It's a
bunch or wealthy individuals.   And you know people like the winklevii twins got
skin in the game.

There is no sure way to know that

In fact, it could be the same dollars that had previously been received from selling bitcoins when the price went from around 3,000 dollars down to below 1,800 dollars per coin. And the recent growth to over 4,400 dollars might have been on a rather thin market. Otherwise the price wouldn't have surged as easily and as quickly as it did. In other words, we should also take into account the market depth to claim that the new money actually entered the system. But I don't deny that there should be some, the question is about how much

[zarados]

Do the rich now begin to invest some of their money in bitcoin?

I think not all of them, just around 2% or less. Because their still seeing this cryptocurrency investmen wasn't safe because its decentralized. Those who have Huge money on their account has their own calculations if they want to do an investmen. Calculating the possibility of profit and loss. Some of them are bravely enough to take a risk, but most of them are not. They choose a safe investmen than a risky one. Cryptocurrency is a risky investment, because of that, just some of them who enter this crypto investment.

[yunita]

I'm sure it's because now the news about bitcoin has spread in various mass media, so I think it will make the coglomerates think that this is a good place for investment what else to see the recent bitcoin price increase is very striking, this is also one of the factors Incentive for them to invest in bitcoin

[radjie]

There are but not many, as most rich people are too busy with their business dealings, and some focus on companies because they have a very important company in their careers. That's why only a small percentage of rich people use bitcoins, and they also use them only to store their wealth.

[Sled]

Do the rich now begin to invest some of their money in bitcoin?

Yes they do and for sure they already invested in bitcoin for a long time ago and maybe some of them just invested in bitcoin from last year. Bitcoin is a great investment to have and for sure they are already enjoying their profit for believing what is bitcoin and what is the opportunity that we have right now in bitcoin.

[Tron Foundation]

Good topic

I check bitcoin/crypto news regularly and there are more and more household names that are becoming involved in bitcoin and cryptocurrency. A recent one is Fidelity Investments

Can't wait to see more and more of this adoption!

[Westfiled]

Do the rich now begin to invest some of their money in bitcoin?

There are some rich person are trying to invest in crypto but not in bitcoin atall. Such as there are some companies are trying to take the advantage of the blockchain and try to develop their own blockchain through make a partnership with some Project that already provided the blockchain structure such as ethereum.

[mrcash02]

Do the rich now begin to invest some of their money in bitcoin?

There are some rich person are trying to invest in crypto but not in bitcoin atall. Such as there are some companies are trying to take the advantage of the blockchain and try to develop their own blockchain through make a partnership with some Project that already provided the blockchain structure such as ethereum.

I'm sure about it, but there is no way to know who are the rich people investing on Crypto-Currency, they try to stay most anonymous as possible and maybe using other people to invest for them here. Crypto-Currency, especially Bitcoin have became too big and strong, powerful people won't stay out of the future of financial system. They will try to take advantage somehow, and if they try hard I'm sure they will...