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Author Topic: Apple founder has sold all his Bitcoin  (Read 592 times)
VitKoyn
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February 08, 2018, 01:24:33 PM
 #21

Apple's co-founder Steve Wozniak confirms he has sold all his Bitcoin.

See the full part here: https://www.investopedia.com/news/steve-wozniak-has-sold-his-bitcoin/

As I have said several times, all the whales are getting out. They know the party is over.
Well Steve Wozniak bought Bitcoin just for experiment and said that he sold all of it because he don't want to watch the price go down and up, this means investing in cryptocurrency which is highly volatile is not his thing. But if your a whale would you announce that you sold all of your Bitcoin to the public? for what? lol, that means that he wants something and it is for Bitcoin price to drop so he can but the dips. And how sure are you that all whales are getting out right now? any proof? if that is true then let them sell it, it would be great if all whales will disappear so that price manipulation will come to an end.
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ideya
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February 08, 2018, 01:26:08 PM
 #22

Even if he has sold his Bitcoins, he should not have made the news public. They do not realize how many people are affected by the reduced prices due to such a news.
surija18
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February 08, 2018, 01:27:52 PM
 #23

sounds like manipulation with people mind. Who knows for sure this information is true?!
Support1bbot
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February 08, 2018, 01:32:43 PM
 #24

We needn't bother with a whale, we require biycoin to spread evenlu so the liquidity can enormous greater. It will be great if there is no individuals who have immense measure of their coin in their grasp in light of the fact that such individuals can without much of a stretch influence the bitcoin cost. Perhaps it will be awful for bitcoin. I don't stress over the news that you bring on the grounds that there arr numerous other individuals who needs bitcoin.
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February 08, 2018, 01:32:53 PM
 #25

Apple's co-founder Steve Wozniak confirms he has sold all his Bitcoin.

See the full part here: https://www.investopedia.com/news/steve-wozniak-has-sold-his-bitcoin/

As I have said several times, all the whales are getting out. They know the party is over.


This is not a whale coming out, we don't even know how much he had in bitcoin. He did no called bitcoin a scam or a bubble or anything like that. His reasons to cash out were perfectly justified in my opinion, although he could just have hold the coins and wait until the technology evolves. As he explained he didn't want to use bitcoin as a trading asset. He want's to use it as a form of payment, and Bitcoin is not ready for that. I guess that he understood that bitcoin still has some miles to go, until it evolved from it's "beta" phase. He could just hold like I said, but he saw a money making opportunity and sold.

I bet he will just buy again as soon as LN is available, and BTC is used for payments as he wants, so this does not really affect bitcoin in my opinion.

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Lucius
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February 08, 2018, 03:50:19 PM
 #26

This is news only because Steve Wozniak is co-founder of Apple,but he is not in any way related to cyrptocurrency world.As he say it was just an experiment for him,and watching price,charts and have worries about money is not something he want is his life.Good for him,he have enough money to live ten lives if he have such opportunity.

Also he make nice profit with BTC,and he say that he keep some of BTC,so he it is not sold everything.This news can not affect price in any way,just remember that founder of LTC is sold all his LTC few months ago,and LTC is still live and doing pretty well.


 

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freightjoe (OP)
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February 08, 2018, 03:52:14 PM
 #27

Even if he has sold his Bitcoins, he should not have made the news public. They do not realize how many people are affected by the reduced prices due to such a news.

This just shows another weakness of Bitcoin. If people should keep it secret when they sell so as to not affect people negative, that shows a very insecure investment and a very weak product
Xiomara
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February 08, 2018, 04:06:48 PM
 #28

I heard that he bought bitcoins just for the sake of experiment.
And he sold them when the course of the cryptocurrency almost reached a record mark of $20k.
Now he has no cause for concern. In my opinion, the ideal alignment.  Cool
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February 08, 2018, 04:11:48 PM
 #29

Steve Wozniak is another panic seller like freightjoe
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February 09, 2018, 05:28:00 AM
 #30

It's very strange that he correctly guessed when exactly to sell bitcoins.
Lodipetmalu
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February 09, 2018, 05:34:51 AM
 #31

The only reason why people invested in bitcoin sold their investment because they were predicted that the price may drops so for them to avoid loss they will sell it .
kdiag
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February 09, 2018, 05:50:38 AM
 #32

it's strange why he sold his bitcoin just now, and not at the moment when his price reached a peak of 20k, maybe it's public news for the price movement, and then another purchase..
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February 09, 2018, 05:58:08 AM
 #33

even though Steve Wozniak has sold out all his bitcoins, I do not think this is an end of the world. though Steve Wozniak is a whale with a lot of bitcoin, there is still a bitcoin asset holder bigger than Steve Wozniak and I'm sure the big whales still hold their bitcoins.
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February 09, 2018, 05:58:40 AM
 #34

The business is free, the knowledge you see he sells.

You probably didn't know when he bought in bulk!

The IT elite may be studying their own digital currency as well.

There's no need to make a fuss!
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February 09, 2018, 05:59:06 AM
 #35

I don't think that the financial decisions of any 1 person need to have a great influence on the strategies of everyone else. If he sold in the past 2 days then it was likely a poor financial decision, If he sold in November then it was a shrewd move.

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bitcon
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February 12, 2018, 06:21:13 AM
 #36

Even if he has sold his Bitcoins, he should not have made the news public. They do not realize how many people are affected by the reduced prices due to such a news.

I do not think that this news had some negative effect. The guy simply explained it to everyone: he was too tired to worry each day about the price for Bitcoin and check the charts and be nervous. That’s it.
ColdZerk
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February 12, 2018, 06:29:32 AM
 #37

And do you really believe in this?
There are a lot of people in the world who don't support idea of cryptocurrency. The mass media inflates every news to huge proportions.
ApocalypseNow
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February 12, 2018, 08:36:13 AM
 #38

Even if he has sold his Bitcoins, he should not have made the news public. They do not realize how many people are affected by the reduced prices due to such a news.

Why not? It's their job to follow what's hot and what is very interesting and now, FUD-related articles are the best to serve. That apple founder might be planning to create his own crypto like what Kodak did.
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February 13, 2018, 07:52:17 PM
 #39

Apple's co-founder Steve Wozniak confirms he has sold all his Bitcoin.

See the full part here: https://www.investopedia.com/news/steve-wozniak-has-sold-his-bitcoin/

As I have said several times, all the whales are getting out. They know the party is over.


I don't like these type of news, they are the news that serving an unknown! purpose. But those are for sure on purpose, trying to change the actions on the market, that is not fair small movements of the 'whales' hurts newbies.

So you would like only good news, forget reality, we need to live in a bubble where nobody is allowed to say anything bad about BTC.
Nice move, bitcoin gives us freedom so we should start the censorship!!!!

sounds like manipulation with people mind. Who knows for sure this information is true?!

His own words:
Quote
"When it shot up high, I said, ‘I don’t want to become one of those people that watches it, watches it, and cares about the number,'" Woz said. "I don’t want that kind of care in my life. Part of my happiness is not to have worries, so I sold it all — just got rid of it — except just enough to still experiment with."

It was allover the news, there is even a youtube video from the conference.

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February 13, 2018, 08:03:49 PM
 #40

I think that it is another price manipulation. There are some cases when celebrities voiced about bitcoin in a bad way and at the same time they more increase their investments in cryptocurrency.
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