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Author Topic: George Soros "getting ready" to trade cryptocurrencies  (Read 190 times)
eagle10
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April 16, 2018, 06:41:24 AM
 #41

George Soros is reportedly getting ready to start trading in crypto. Now, I wonder what the hell does that mean. Soros is a multi billion dollar player... it's not like the markets are liquid enough for him unless he wants to stay with Bitcoin only, the rest of the coins are a joke as we all know, so I assume his biggest position would be Bitcoin.

Will he be trading futures or the actual asset? does this bring us closer to an ETF since the SEC would sure like to see huge players trading an ETF and not Bitcoin itself? (so they can manipulate it better..)

What impact do these George Soros news have on Bitcoin?

https://www.cnbc.com/2018/04/06/soros-fund-reportedly-preparing-to-trade-cryptocurrencies.html

The news say it will be through his investment fund, but we don't know what they will be doing exactly.

If GSoros is a big player then, another potential whales are in town. What else, only whales (big players) have the ability and capability to manipulate the market because of huge funds they own in trading cryptocurrency. DO not expect them to turn holy when they want to play the market and make it rise and make it fall. They know that the market is their milking cow.

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April 19, 2018, 03:13:21 PM
 #42

George Soros called cryptocurrencies a bubble in January. Presently his $26 billion family office is wanting to exchange the digital resources.
Soros, talking at the World Economic Forum in Davos, said advanced coins can't work as genuine monetary forms in light of their instability. However, he didn't foresee the hard tumble that a few eyewitnesses had conjecture at the time.
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April 19, 2018, 09:34:12 PM
 #43

This news immediately responded positively by the market and Bitcoin prices look up although not significant. Hopefully this news will invite whales and trade will increase.
I can not wait for the best moment...

Yeah, seems a good news that is why the market affected and btc's price pump but not that too high. I don't think he will just  do bitcoin trading. Maybe he'll trade ethereum and other potential coins as well. I believed,  Soros already changed his mind after calling bitcoin as a bubble because he saw the improvements and strong impact of btc in the investors.

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June 24, 2018, 06:23:35 PM
 #44

Hedge fund managers and Wall Street big financial institutions are getting ready to trade cryptocurrencies in large we can see billions of dollars inflow in crypto currencies market
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