{2018-01-18} Winklevoss twins become ex-billionaires

[MARCUS0000]

Winklevoss twins become ex-billionaires thanks to Bitcoin price ‘bloodbath’



They are the twins become spectacularly rich after suing Mark Zuckerberg and then investing their cash in Bitcoin. But the recent Bitcoin ‘bloodbath’ which has seen the cryptocurrency’s price slump dramatically may have eaten a substantial chunk of their fortune.


Read more: http://metro.co.uk/2018/01/18/winklevoss-twins-become-ex-billionaires-thanks-bitcoin-price-bloodbath-7239299/?ito=cbshare

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Full article here http://metro.co.uk/2018/01/18/winklevoss-twins-become-ex-billionaires-thanks-bitcoin-price-bloodbath-7239299/

[Lancusters]

Big money is always volatile. When they are in a Bank inflation eats them. If they invest in companies or crypto currencies they are exposed to volatility. In a month or two the price of bitcoin will return to $ 20,000 and they returned to their capital. I don't understand why people are concerned about someone else's capital. Concentrate better on your income.

[Kprawn]

How can these people know how much money the Winklevoss twins have, besides their investments in Bitcoin. Do they even

know how much bitcoins these guys has bought? You cannot lose money, if you did not sell those bitcoins and besides.. the

price has gone up, since this clickbait article was published. 

[onrise]

It is a very good learning for all of us. All those people who gets panic during the crash actually it is the best time to keep buying whatever amount you can invest in this cypto currencies. From yesterday just check the btc and altcoins those have given massive returns in just 1 days.

[greeklogos]

Big money is always volatile. When they are in a Bank inflation eats them. If they invest in companies or crypto currencies they are exposed to volatility. In a month or two the price of bitcoin will return to $ 20,000 and they returned to their capital. I don't understand why people are concerned about someone else's capital. Concentrate better on your income.

Even if bitcoin will need half of a year to come back to 20000$ I am going to stay with it, and I guess, the twins too. Current price is 12500$ and it can be called success already. Do not be so greedy! I think with hold everyone who stopped to be a milliardere will come back.

[Hodlmachine]

The twins don't need cash...they will hodl 99.99%

I know I would

[hatshepsut93]

I'm sure that since they've hodled long enough to become billionaires from a few million investment, they don't really care about market fluctuations - they've seen it many times already, and they've seen worse. I think they are confident in Bitcoin and believe that if they will keep hodling, they will become multi-billionaires. Also "billionaire" is just a psychological checkpoint caused by our love for decimals, it doesn't give you any benefits when you reach it.

[Slow death]

How can these people know how much money the Winklevoss twins have...

hahahahaha

journalists are curious people, they even know if you've done some tattooing on your ass even if you've never been on the beach, swimming in the pool or bathing outside your home. Are they good detectives!

The twins don't need cash...they will hodl 99.99%

I've heard somewhere that they're going to hold bitcoins of them for many years



this is another article created to spread fear in the new investors. Is very exaggerated to look at the price and say that the person X is not billionaire because the price has fallen, the price up and down, not as the price would rise forever

[saiha]

How can these people know how much money the Winklevoss twins have, besides their investments in Bitcoin.

They might know the bitcoin wallet address of the twins and as far as I know it has been exposed that they are known for having 120,000BTC.

Winklevoss twins are already billionaires and they will just keep those bitcoins for years just like a gold reserve so "ex-billionaires" stands for nothing.

[Theb]

I don't think that the article is right because from what I know they became billionaires with Bitcoin when it was priced around 10,000$ which means that they have just got back where they started being billionaires (assuming that they didn't sold anything in the process) also obviously their investment got beyond 1 billion when is surge to 20,000$.

[darkangel11]

The twins don't need cash...they will hodl 99.99%

I know I would

They are living in mansions and have millions in different properties, even if BTC went to 0 they'd still be richer than any of us here will ever be.
Anyway, they said they aren't planning on selling. They're one of those people who believe we might go to $50k and I respect that. When you already have a private yacht, a number of residences, a couple nice cars, all you're looking for is recognition, fame, something you'll be remembered by.

[J. Cooper]

What kind of title is this? They're only potential ex-billionaires at the current price if they were to sell. Hopefully for them they're bright enough to know panic selling is not an option and they keep their position open until prices start tot recover and we potential enter a new bull run.

[richardsNY]

These are typically the articles we see when there is nothing else to write about. If the price keeps dropping for a long enough period of time, then even Satoshi will be an ex billionaire.... Why don't these people pay attention to Mark Karpeles's hidden (ahum, stolen) stash, or Jihan and Roger. The Winklevoss twins have done an excellent job in pushing Bitcoin further by allowing institutions to enter this market, and now they are subject to this nonsense? Another thing, where are the mainstream media articles stating that the price has gone up again? It's rather quiet now, and that while they couldn't wait with reporting on crypto bubble popping story after the other yesterday.

[1BTC EQUALS 1CAR]

I'm sure that these twin know that it's not very important. They are not ex- billionaires because they aren't even selling their btc on the first place so it's appropriate to say that they just have an estimate of billions worth of btc and not billionaires.

[vit05]

 I do not think they are the only ones. There is more people that maybe could have more then 1bi. But prefer to stay more quiet about.
And this twins owned Gemini too. So they could have made another Billion dollars. The worst part is that people that have make some scams, in the beginning, could be Billionare too. There was tons of Ponzi schemes when Bitcoin was worth less them 1k

[MARCUS0000]

I have some btc , i was very happy when the price was $20.000 but now price is very low , noone is happy.

[Kprawn]

How can these people know how much money the Winklevoss twins have, besides their investments in Bitcoin.

They might know the bitcoin wallet address of the twins and as far as I know it has been exposed that they are known for having 120,000BTC.

Winklevoss twins are already billionaires and they will just keep those bitcoins for years just like a gold reserve so "ex-billionaires" stands for nothing.

You know that you can have several different wallets right? You do not have to use the same wallet for everything. Even if

someone figured out what their Bitcoin wallets were, then they could still use that for show.. I would use Bitmixers to hide

my wallets linked to my main wallets. They also own an exchange {Gemini} where they can hide dummy accounts, but I

doubt that they would be doing that, with all the KYC/AML regulations. 

[Kemarit]

Another non-sense article. The twin have so much money that they don't care if bitcoin goes to a market crash. They are bag holders on if and I doubt that they will dump it soon. LOL. They pitch that they become billionaires when bitcoin peaks at $19,000 then suddenly brush it off when it goes down. Do they really look at everyone's wallet and see who becomes millionaire or billionaire? I'm waiting for another articles saying that they become billionaires again when bitcoin surpasses $20,000 this year. LOL. And not only the twins have been affected by all of this bloodbath in the last couple of days, but all investors. Oh well, everyone is riding the popularity of bitcoin, every clicks, every read they got is money for those social media outlet now.

[BrusLi3]

Many did  not just them.
I was stupid selling my @2k and 4k.
Sold all at that 2 prices and now I'm in kinda depression.

[Aikidoka]

Well, that is the job of journalists. They always stick their nose with something that does not concern them. They always give false information and use their manipulative tricks in order to manipulate people. That is why people should be aware of the manipulation of the media.

As the other users mentioned, the bitcoin will go up again in a matter of short time. That is what I believe in. And actually, it is going up as I am typing. So, no one is going to lose their fortune.