Peter Thiel bought about $15 million to $20 million of bitcoin

[ogini]

Good and wise investors always take advantage of good business when they find it lucrative ,although some who have already made a lot of money in there portfolio also want to just have bitcoin as there part of investment not really for profit but fame.

[pooya87]

news like this is always around. there is always someone who is saying they bought shitload of bitcoin and someone else who is saying stay away from bitcoin it is bullshit. and NONE of these have ever been the initiator of neither a rise nor a fall. however they increase the size of each movement though because for example when the rise starts and then the news comes out the FOMO buyers start buying.

and 10% is a joke. bitcoin has been in this area for some time now. if it went up more and broke $16500 in the first wave then i would have agreed this is the news. otherwise it is the same pattern as always.:
big rise > small correction > FUD+panic > big correction > despair in market while wise people accumulate > small recovery > testing resistances > small fall > test again 2 or 3 times > rise > break out > new ATH.
it just happens that right after the small correction when the FUD has to begin the news about Jamie Dimon calling bitcoin fraud comes out and when the rise leading to break out has to begin the news about Peter Thiel buying bitcoin comes out.

... and they say market manipulation is illegal...

[frompublic]

Do paypal will accept bitcoin now? its a good question

[hasmukh_rawal]

This might be the news boosting bitcoin's price in the new year. Bitcoins has been stable around the $14k level and this news might boost its price to some extent. I am eagerly waiting to see some movement in bitcoin's price.

[hkdfgkdf]

I searched facebook and saw this news. Now I already know that it is all about a big time investor buying a big load of bitcoins. So that is the reason why there is an increase in the price. At least there is some big investor who noticed the opportunity you can get in cryptocurrency. Hope other whales will also follow these investments.

[redsuncrypto]

thanks for your sharing information, that's why bitcoin price go up over 15k 

[RobertoMakeli]

Bitcoin rises after report says early Facebook investor Peter Thiel is buying massive amounts

Peter Thiel's Founders Fund has bought millions of dollars in bitcoin, The Wall Street Journal reported Tuesday, citing sources familiar with the situation.
Those holdings are worth hundreds of millions of dollars, the newspaper says. It wasn't clear whether Founders had sold any of its holdings, the report says.
Bitcoin rises more than 11 percent to trade near $14,711, according to Coinbase.
read the full article here https://www.c[Suspicious link removed]m/2018/01/02/bitcoin-rises-after-report-says-early-facebook-investor-peter-thiel-is-buying-massive-amounts.html

this's very good good news for us, it makes bitcoin price go up again. thanks 4 your sharing

[jawadmehmood]

Got to reason for instant jump in bitcoin price. Now bitcoin price is definitely going to its peak Lets see how much it will gain in january

[cue]

That's very good to know that Bitcoin still dominating the cryptocurrencies and also good to know that the price of Bitcoin became higher since it's been low for few days already.  I hope it will regain the momentum again of the Bitcoin by reaching the higher price this month. 

[Anonymouskey]

There are very late    $20 million is a big amount but not enough

[MARCUS0000]

...And Peter Thiel is known to be smart with money, so bully on him for buying. 

However, I don't fully see the relevance that these types of news reports have to any personal investing.  Whether Warren Buffett hates bitcoin or Thiel loves it, it makes little difference to my purchasing habits.  I love bitcoin and the rest of the world can take a long walk off a short pier for all I care.  He probably is responsible for the market going up, and I do thank him for that. As they say, a rising tide lifts all ships.

is it true warren does not like bitcoin? some of his firm invested in bitcoin

[Ciscopro2000]

Big news that a Peter Thiel invested.  He is very influential person.  Hopefully more like him will follow.  Warren finally came around to investing in Apple and I’m sure he is happy now.   

[canadiancrypto]

He's always been a good investor in stuff, probably will be investing into altcoins. Excited to see more and more news come out about this and big players entering the game. Maybe he has even more locked up, but the media just doesn't know about it? (probably)

[Ayaancool]

I am not sure about the source but its really positive sign even 20 million very less for current bitcoin trend even bitcoin price is increasing now crossed 15300$+ the positive moves like this always increase bitcoin price in market hope bitcoin again will hit 20000$ in near future .

[MARCUS0000]

I am not sure about the source but its really positive sign even 20 million very less for current bitcoin trend even bitcoin price is increasing now crossed 15300$+ the positive moves like this always increase bitcoin price in market hope bitcoin again will hit 20000$ in near future .

yes source is 100% verified

wall street journal
CNBC
quartz



https://qz.com/1170210/bitcoin-btc-price-is-up-on-news-of-peter-thiels-massive-investment/

[yluna88]

Bless him. The fact that he showed confidence in BTC spreads more confidence among bitcoiners and altcoiners and demand for BTC started increasing again. Thanks, man!

[sunsilk]

Better to have this type of news rather than those crap news that are keep on spreading FUD.

What a nice and good welcome for our New Year, I knew it that bitcoin will have a good come back by some people who will buy bitcoin and will make the price go up again.

People like Peter Thiel will attract other investors to make the same move of buying bitcoin, let's wait for them to come.

[MARCUS0000]

I liked last week when bitcoin was $17000, i hope this weekend it could be $20.000