Billionaires buying Bitcoin

[hi-men]

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.

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[Reid]

That is true.
The problem is with those new investors who dont know its history.
It will happen again and again if one big investor feels like it is enough for him.
There will always be a big dump since they have lots of it, add the miners who will need money to pay for their electricity consumptions.

[Hasvak K]

Dou you have any evidence to support this claim?

[Lucius]

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.

If you think yesterday events have something with big players who want to buy large amounts of BTC and before that they crash price down I think that this is not the case.For them even 20k $ or more does not represent a problem,the reason is simple, they have huge amounts of money and what is expensive for the average people is actually cheap for them.

Dump is always orchestrated by big players who have power to move markets up or down-BTC is available to everyone,it can be bought by Bill Gates or you or me.I agree that we will see a lot of different manipulations in future,those who are aware of it will always make a profit.

[LegendX]

I think billionaires started to sell bitcoin so the price would drop and now they will buy even more they initially had. They will always buy bitcoin

[iagyei259]

Institution  traders and hedge fund managers are secretly  buying bitcoin to increase the value of their portfolio. That is the cause of the dump that saw bitcoin and other altcoins sliding  down.

[renes]

Yeah I agree they have not even came, at $7000-$10000 they will be buying and we will not see below $6K because bitcoin is very strong indeed.

[HeRetiK]

I think you guys are overestimating the amount of billionaires or even millionaires currently involved in crypto.

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.

Depends on BTC's stability rather than its price or even its growth. Institutional investors care less about getting astronomic gains and more about a stable investment with healthy appreciation. Until we get there -- that is, if we get there -- BTC still has to grow quite a bit in both market cap and trading volume, as to make it harder to move the market. Regardless whether it's whales playing the pump-and-dump game or organic boom-and-bust market cycles.

[johnlofar]

Big money is coming to bitcoin and billonaires will buy bitcoin more and more as bitcoin grows.

[hi-men]

I think we don't. It's not about they all believing in btc or crypto, it's about they don't wana take a risk of btc becoming mass adopted without their pawns on it. For traditional investors this is a cheap market. So they will put a few percents just in case. That's my opinion offc.

[mevmike]

billionaires cannot be prevented if they wanted to put in their money in bitcoin.
and no one can stop them.
as long as they believe with the true ideals of bitcoin then i will gladly welcome them.
each person coming in to cryptocurrency is another step towards the achievement of it's ideals.

[Bitcionsky69]

Clear evidence is probably not the only hypothesis, and we can not do what they want us to do and we cannot help us. It's a good idea to push our selves in a good idea to expand our knowledge to crypto.

[paul00]

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.

[cryptojoe]

so they gain money because they sell a lot, then after the drop they also gain money because they buy cheap (because of the previous drop) and so on again and again; no wonder the rich are getting richer.

[cryptojoe]

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.

yeah, but they can buy 10 btc just for the fun of it and in a month double their investment; either way no problem for a billionaire.

[allthingsluxury]

There is, the problem is, now these institutional investors are shorting cryptos, and making money on both ends. This is something I warned about for years. Hopefully, stability returns eventually.

[crisanto01]

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.

yeah, but they can buy 10 btc just for the fun of it and in a month double their investment; either way no problem for a billionaire.

It is so nice to have a wealthy life, where in you are not missing some opportunities that are coming such as this one, it is easy for you to to invest since money is not a problem unlike if you are just an ordinary person, you need to render almost half of your day working at office or operation.
..

[cryptojoe]

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.

yeah, but they can buy 10 btc just for the fun of it and in a month double their investment; either way no problem for a billionaire.

It is so nice to have a wealthy life, where in you are not missing some opportunities that are coming such as this one, it is easy for you to to invest since money is not a problem unlike if you are just an ordinary person, you need to render almost half of your day working at office or operation.
..

actually they work a lot, it's just that after a certain point (while you still work a lot) you don't worry about tomorrow, so stress is lower.

[naufals4]

yeah i think with the support of the news right now ban bitcoin the investor selling a little of their bitcoin to earn some money and so the price go down and down. and after that the other not an investor see the price go down scared about that and end up panic selling them and the investor buyback again in cheaper price.

[shailkumari]

For billionaires, making investment in bitcoins seems to be more correct. Even if they make some loss, it will not make much difference to their lifestyle.