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Author Topic: would an investment of 40 Million $ change the current bitcoin price?  (Read 783 times)
notyours
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October 23, 2017, 06:26:48 AM
 #21

The investing of 40 Million Dollar is a very big money and if it's being traded on Bitcoins it's definitely a huge increase in the price to be added. But it's a good time for holders to make more money. Because they have grown up with bitcoins they bought when it was cheap.
pureclckr
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October 24, 2017, 02:38:09 PM
 #22

The investing of 40 Million Dollar is a very big money and if it's being traded on Bitcoins it's definitely a huge increase in the price to be added. But it's a good time for holders to make more money. Because they have grown up with bitcoins they bought when it was cheap.
You are right 40 million$ is a huge amount it will have great impact on the prices of bit coin and also this must make an impact on the mind of investors and traders and then more investors will take interest in bit coin so the demand of bit coin will be more and more and the prices of bit coin will definitely increase.

eduinvestor
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October 24, 2017, 03:08:30 PM
 #23

$40M is 6666 BTC at a rate of 1BTC=$6000.

That would push the price up, but not to much, maybe from $6000 to $6200

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