oaktree
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February 13, 2018, 08:05:54 PM |
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According to that article he bought at $700, so nice profit. I guess the smart people don't believe in holding forever - they take profits.
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SiDtHeBeSt
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February 13, 2018, 08:16:36 PM |
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As he is one of the globalist elite, and they seem to be acquiring Bitcoin to remove the available coins from the market, this would seem to be another price manipulation ploy. I expect he has sold his personal holding,but is increasing his holdings in off-shore investment vehicles. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I completely agree with Jet cash, this might just be another price manipulation play and i don't know why many such things are coming out. He said that he just wanted to get rid of his bitcoins and considering that he invested when btc's price was around 700$, he might have earned alot of profit. Selling was his choice i.e. the choice of another individual. It is being made public as he is the cofounder of apple. Alot of other people might have done something similar but it might not have been made public. This might affect bitcoin's price a little bit, but still it has started increasing again and it would keep increasing. The number of investors are still more than the number of panic sellers and they are going to increase in future.
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Doge dealer
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February 13, 2018, 08:18:23 PM |
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Bitcoin distribution and bitcoin sale is always a good thing ,a sale can only happen if you have someone willing to buy. The fact that he may or may not have really lost confidence in bitcoins is insignificant as there were people ready and willing to acquire them suggesting that others view this as an investment opportunity ,there is nothing wrong with wealth circulation as in a couple weeks someones investment will double or who knows may even triple.if bitcoin isn't spent it wont become widely accepted a demand from a a lot of customers for bitcoin acceptance as payment for goods and services will move it in the right direction . If everyone were to hold and not spend then that would be bad bad bad. I see this move as good for bitcoins overall
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Sumo
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February 13, 2018, 08:26:59 PM |
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It's old news, and it doesn't really mean it's true. Such famous people would not share with the world what they are doing and why, especially when it comes to big money.
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Batrakov
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February 13, 2018, 08:44:12 PM |
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It's not just that, it's worth something to expect ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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MaleKing
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February 13, 2018, 08:46:13 PM |
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This technology was never about the rich people, was never about making money, was never about making profit! It was all about freedom! Financial freedom, decentralization of our society!
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btcprospecter
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February 13, 2018, 09:08:36 PM |
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Where one whale steps aside another will take its place. I would not consider this to be really big news to affect bitcoin yes some bigger investors are getting out but if markets take an upward spike I'm sure they would get back in.
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Oceat
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February 13, 2018, 09:42:01 PM |
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Where one whale steps aside another will take its place. I would not consider this to be really big news to affect bitcoin yes some bigger investors are getting out but if markets take an upward spike I'm sure they would get back in.
And basically they will in the right time but as of now i think he's not an enthusiast of Bitcoin that wants to manipulate the price because we don't know what day and what price of Bitcoin did he sold all his Bitcoin but one thing for sure to me is that he just want to sell it already since he saw that the price are going down extremely that's why before he goes out of the league he just then sold it and he's the one that does the panic selling too.
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3996
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MakeMoneyBtc
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February 13, 2018, 09:53:30 PM |
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He knew exactly when to sell his bitcoins, right when the price reached 20.000$ so he got himself almost a 30x profit wich is more than huge especially that he initially bought a pretty big quantity of bitcoins. I think he is glad that he sold all his bitcoins because as we can see now the price has dropped to lower than half and he would have had to wait another 3-4 months. He saw the opportunity, sold his bitcoins and invested in something more trusted overtime like properties.
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adrianto1995
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February 13, 2018, 09:57:02 PM |
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Let's be Positive thinking The reason why he sells all his bitcoins maybe he wants to invest in other cryptocurrency D; D. As you can see, he already holds his bitcoin when bitcoin prices reach $ 700 and now he wants to take advantage of what he's invested all this time...
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HasHe
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February 13, 2018, 09:58:08 PM Last edit: February 16, 2018, 10:54:07 AM by HasHe |
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We always see such negative posts from OP.Even if he sells his coins,that doesn't mean that we should all sell our bitcoins.The party is not over and whales just try to show that party is over by spreading FUD news.We should do our own survey and should not blindly what others do. Everyone have their own reasons for exiting the market.
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Halcyon Days
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February 13, 2018, 09:59:04 PM |
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Interesting, that he sold all his Bitcoin, especially after being such a Bitcoin enthusiast. I wonder, how many Bitcoin he had and how much he sold. After reading the article, it is clear, that he could not handle the huge swings, as he seems to have worried a lot during the ups and downs. Bitcoin is not for everyone.
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shield132
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February 13, 2018, 10:01:50 PM |
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Hmm, did you read that news carefully? he dumped the cryptocurrency because he did not want to worry about its erratic price movements. So this doesn't means that party is over and he sold all bitcoins because it has no chance to rise. This man clearly says that he wants quiet life and don't wants to worry everyday because of bitcoin's price and I truly believe what he said. Bitcoin really caused insomnia for me but now I am no longer worring about it, can sleep well. No one knows actually what will happen around bitcoin's price....
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maaydin
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February 13, 2018, 10:23:36 PM |
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well if I was in his position and if I had bought the btc when it was 70$ I would definitely make the same move. He may invest his money into other coins or ICO`s who knows cuz he had take what it takes from btc.
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stellgod
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February 14, 2018, 07:42:18 AM |
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First of all, I don’t really think this is a true statement because the co-founder of Apple is a true admirer of bitcoin. Secondly, even if it was true, a decrement by one in the total number of blue whales won’t affect the market a lot.in addition to this, it is good to get rid of these guys who actually control the market. Bitcoin has survived till now on its own. The party is just about to start. Every dip is like a storm and no storm lasts forever.
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Maestro75
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February 14, 2018, 07:52:27 AM |
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Apple's co-founder Steve Wozniak confirms he has sold all his Bitcoin.
As I have said several times, all the whales are getting out. They know the party is over.
That Wozniak sold his coins is immaterial to the crypto world. He isn't even an authority here. So why should anyone give a rat ear for his decision to FUD the community in the first place. Of course one day the JP Morgan guy would also come to the open and reveal how much of a bitcoin he is hoarding. The truth is that we shouldn't take a news piece as this to mean anything but FUD.
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romandos86
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February 20, 2018, 12:04:03 PM |
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I think , we'll never discover really truth about his bitcoin)He expressly says that for the price falling. He's not stupid man, dudes)))
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BitChief
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February 20, 2018, 12:12:08 PM |
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I think , we'll never discover really truth about his bitcoin)He expressly says that for the price falling. He's not stupid man, dudes)))
I think his point is fair, he believes in the technology but financially is not comfortable with the volatility at this stage. This is a young man's game and at this early stage is still only for the bold, for someone of his success I can understand why he would want to reduce his exposure to the volatility.
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Reatim
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February 20, 2018, 12:55:01 PM Last edit: February 20, 2018, 02:23:48 PM by Reatim |
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Where one whale steps aside another will take its place. I would not consider this to be really big news to affect bitcoin yes some bigger investors are getting out but if markets take an upward spike I'm sure they would get back in.
Exactly, he is just one whale in the ocean. Oh and just like that, new whales get into into scene. https://www.investopedia.com/news/anonymous-cryptocurrency-enthusiast-bought-400-million-bitcoin/Shoo Steve W. you have been replaced already. Only your money then because you are so dumb to dump your coins. We can't blame you. You have bought it very cheap and sometimes investors takes profit. I just hope that you will not regret your decision. I think , we'll never discover really truth about his bitcoin)He expressly says that for the price falling. He's not stupid man, dudes)))
So this is another fake news to bring fear to the investors? I doubt that they succeeded because we have been in the rally for the past couple of days.
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imapessimist
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February 20, 2018, 01:04:07 PM |
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It's difficult to tell what is going on behind the scenes just now. It has surprised me that Bitcoin has risen so much in the last week or so and who is buying at the expensive price it is now. I don't think I'd buy any Bitcoin at the present price.
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