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Author Topic: Billionaires buying Bitcoin  (Read 667 times)
BigTerror87
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January 21, 2018, 02:06:24 AM
 #41

Its possible, because Bitcoin had really proved to be profitable. So they are now trying to make their way on this kind of investment. Bitcoin is on top and has much more reputation than any coins that is why they try to choose bitcoin.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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zolfa
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January 21, 2018, 02:15:02 AM
 #42

yes, i see for them bilionaires who know and understand the technology will buy bitcoin, and now is a golden opportunity for them to buy more bitcoin. or if the bitcoin price is above $ 15000 they can afford it, because they have a lot of money and when bitcoin goes up, they will take more profit.
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January 21, 2018, 02:21:44 AM
 #43

Billionaires have lots of money that they can afford to lose if something bad happen to bitcoin. So investing will not be a problem for them. But also they already have so much experience when talking about investment. They know how to handle calculated risk.

Df9898
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January 21, 2018, 03:15:22 AM
 #44

I think billionare make the price of the Bit Coin down because they buy make the value of bitcoin drop and i think they know about transaction of bitcoin more than new people transaction with Bitcoin.
RudeeTam
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January 21, 2018, 03:30:07 AM
 #45

It's very possible that they are doing that since they have the money. Although I'm very curious as to what exchange they're going to be using to buy and sell their bitcoins as any exchanges have limits as to how much you can actually buy I think.

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glaciercapital
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January 21, 2018, 03:55:06 AM
 #46

It's very possible that they are doing that since they have the money. Although I'm very curious as to what exchange they're going to be using to buy and sell their bitcoins as any exchanges have limits as to how much you can actually buy I think.

Yes if you are a billionaire, there is even more reason to invest in bitcoin. Bitcoin can protect you from government intervention and wealth confiscation. A very real risk for billionaires in some countires

denzkilim
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January 21, 2018, 04:05:22 AM
 #47

It's very possible that they are doing that since they have the money. Although I'm very curious as to what exchange they're going to be using to buy and sell their bitcoins as any exchanges have limits as to how much you can actually buy I think.

Yes if you are a billionaire, there is even more reason to invest in bitcoin. Bitcoin can protect you from government intervention and wealth confiscation. A very real risk for billionaires in some countires

It might protect a billionaire from the government fees on a certain country but do you think that the money that he/she invested can be protected from volatility? A lot of people know that digital assets can be profitable and at the same time you can lose a lot of money in this digital world. That's why billionaires who invested in digital currencies play the pump and dump game to easily get profit.  Smiley
Flexystar
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January 21, 2018, 04:12:27 AM
 #48

I don’t think all billionaires will be willing to buy bitcoin. most of them are business minded and actually thinks of various pros and cons prior to investing on something and they might probably have second thoughts for bitcoin. However there were surely other billionaires who risk bigtime for it.

Billionaires are business minded but they also wants to double their money by other means.So might chances that most of the big people do their investment on such online world. Because currently there is no hold of government on bitcoin in my country so there are chances for them to invest and save their tax related activity. Also they can show that they have got money from online world So they are safe at their place. Even we people get benefit because of their investment there is rise in price so it gives benefit to us. Celebrities also invested in the bitcoins as we have seen in the news and most of them already earned lot of money from their investment.
RAOLUOXIANG
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January 21, 2018, 04:51:23 AM
 #49

People with much fortune will make more money, and definitely bitcoin is a profitable choice. And that takes me a ride too!
linshisui38
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January 21, 2018, 05:03:00 AM
 #50

If billionaires want to put their money in bitcoins, no one can stop them.

It's a great way to invest. Most of them are business savvy, which makes them a lot of money.
Siopao
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January 21, 2018, 05:06:05 AM
 #51

A lot of people are speculating and buying this idea. Whales are investing in and getting back their investment to manipulate the price. If a person holds a big amount of btc it is really possible to happen.
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January 21, 2018, 05:12:08 AM
 #52

It's true, billionaires can buy lots of bitcoins and make the price rise, and they can also make it dump if they want, it's a very good thing for them because they can hide their money from the government and avoid any taxes.

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welljo0108
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January 21, 2018, 05:12:18 AM
 #53

There is a lot of talk about institutional money coming into btc. Does anybody think they wana buy it for 20k? They have money and resources to make a dump. If we want mass adoption and big money flowing in we have to expect things like this.
Billioner buying bitcoin is truthfull  that they know how to growth they money and that is to buy bitcoin
loof99
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January 29, 2018, 04:32:04 PM
 #54

Yes, it is true there are lots of billionaires buy bitcoins since they earn instant income from here. Bitcoin is more effective investment than stocks, shares and bonds .
aray80
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January 31, 2018, 03:16:37 PM
 #55

I see they will buy bitcoin, and now is a golden opportunity for them to buy more bitcoin, because they are investors who are looking for profits from their assets by Investing ...
BlasterS
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February 05, 2018, 03:38:37 PM
 #56

Yes, there are lots of people become rich or billionaires because of buying bitcoins.
The cryptocurrency is the new investment of the generations which will accumulate more income instead of investing it different stocks and shares offer in the public market.
cryptobluemoon
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February 12, 2018, 05:35:22 AM
 #57

Billionaire hedge fund managers and financial institutions are buying bitcoin as asset class investment for long-term returns
MisterPrada
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February 12, 2018, 06:11:11 AM
 #58

I found this extremely funny... Good on him for seeing the potential here, but wow this is a backwards frame of reference.
ApocalypseNow
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February 12, 2018, 07:18:07 AM
 #59

Billionaires always like to put their money on technologies that could be the thing in the future and no doubt that bitcoin is one of them. Unfortunately, they are affected by the FUD so they pulled out their investments for now.
yana0901
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February 25, 2018, 09:20:30 AM
 #60

recommends entering projects at the very beginning of their activities when they are already raspiarenny and know everything about him
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