Soros is getting into crypto!

[Bencus]

George Soros is getting into crypto! To be precise, Adam Fischer got the approval at New York-based Soros Fund Management to trade virtual coins.
This is particularly interesting knowing that Soros called Bitcoin a bubble in January. Maybe the recent fallings in the crypto market changed his mind?
Also, I wonder how much will the legendary speculator will influence the decisions made in this field.

Source:
https://www.bloomberg.com/news/articles/2018-04-06/george-soros-prepares-to-trade-cryptocurrencies-as-prices-plung

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[ophyrim]

Not just Soros, Rockefeller family also want to invest in the crypto and has signed a partnership with Coinfund which is a cryptocurrency investment fund.
Of course, this is not surprising. They know how to manage their money and how to invest.

[seo-maestro]

Good news but market is dropping - why? When reversal?

[Bencus]

Not just Soros, Rockefeller family also want to invest in the crypto and has signed a partnership with Coinfund which is a cryptocurrency investment fund.
Of course, this is not surprising. They know how to manage their money and how to invest.

Yes it is true. They know it well, and I believe they waited until the hype goes down.

Good news but market is dropping - why? When reversal?

Well that is the great question! The generic answer is that the supply and the demand meets here, but it does not really reason why is the market doing so unwell.

Also, I believe they - Soros and the Rockefellers - did not invest just yet. I believe at coinmarketcap, will be visible when they get in.

[jeda2000]

This development shows us that in the coming days much more active market movements may be waiting for us. Where are these soros drying their hands? We do not have the same situation for crypto money.

[Yaunfitda]

This development shows us that in the coming days much more active market movements may be waiting for us. Where are these soros drying their hands? We do not have the same situation for crypto money.

But don't celebrate yet. The market is down again so I don't know if they really putting investment or they are just trying to hype the market again because they are really a bagholders of bitcoin anyways. How can a traditional investors who hated crypto and saying negative things in the past suddenly changes their mind?

The only reasons is that they wanted to join earlier, but because the price is tops at around $20K, they spread negative things about it, and when it crashes more than 60%, they suddenly blurted it out that they are going to invest, or they are whales, wanting to push the price again. So let's wait and see as to what's going to happen to the price.

[Thomas B]

Not just Soros, Rockefeller family also want to invest in the crypto and has signed a partnership with Coinfund which is a cryptocurrency investment fund.
Of course, this is not surprising. They know how to manage their money and how to invest.

I didn't think that Soros buy any cripto.

Altought we know

Buy the rumour and sell the news.

[Thomas B]

This development shows us that in the coming days much more active market movements may be waiting for us. Where are these soros drying their hands? We do not have the same situation for crypto money.

But don't celebrate yet. The market is down again so I don't know if they really putting investment or they are just trying to hype the market again because they are really a bagholders of bitcoin anyways. How can a traditional investors who hated crypto and saying negative things in the past suddenly changes their mind?

The only reasons is that they wanted to join earlier, but because the price is tops at around $20K, they spread negative things about it, and when it crashes more than 60%, they suddenly blurted it out that they are going to invest, or they are whales, wanting to push the price again. So let's wait and see as to what's going to happen to the price.

yes the price will legalize that the news true of fals

[chanc3r]

George Soros is getting into crypto! To be precise, Adam Fischer got the approval at New York-based Soros Fund Management to trade virtual coins.
This is particularly interesting knowing that Soros called Bitcoin a bubble in January. Maybe the recent fallings in the crypto market changed his mind?
Also, I wonder how much will the legendary speculator will influence the decisions made in this field.

Source:
https://www.bloomberg.com/news/articles/2018-04-06/george-soros-prepares-to-trade-cryptocurrencies-as-prices-plung

If you have known about the history of soros when it was the only when can break a country. and sound doesn't look good at all.

But the article said it's for long-term investment and gainer. We could not expect if that will give a lot of impact on the short-term investment. Just waiting for how soros fund management will play with crypto.

[Milansilver7]

The strange thing with this news is that Soros has publicly launched a negative opinion about the previous cryptocurrency. In February 2018, Soros had $ 8 billion in wealth, and if he invested in cryptocurrency, something was ringing his bell.

[WUUEX79]

I also heard it he said he wanted to trade crypto. With George Soros entry into the realm of crypto, of course it brings a different perspective among crypto users, how can it be that the person who initially rejected crypto out loud suddenly changed the bow to support the crypto. Honestly, I feel worried if he will eventually divert his trade function.

[sedou]

Do not take it as they are entering market right now. They will wait and enter when there will be blood in the streets as people tend to say.

[jomarkororo]

as of now the current market situation is not stable as we want, they can make money for this kind of situation but I think they will wait also until the market become bull again

[Bowtiesarecool]

Guess they've seen now that we have a stable bottom, no matter what the FUD is happening. Market can't dip any longer than what we've seen these past two months. Time to make their grand entry and have the misinformed think they are the market's savior.
They're not.

[maliboom]

The entry of Soros explains then the dump of these months. They have brought down the market to be able to enter massively.

[leea-1334]

So now we have Soros, Rockefeller family and Rothchild family. All the old financial/oil/investment families coming together. Soon we will see others from Asia (you guys probably never know Hong Kong, Japan families) or maybe even old dictators coming into crypto.

They tried to ignore crypto, but guess they cannot ignore money. They buy Bitcoin or private crypto I wonder?

[bboyjohn]

This is pretty big news for this bitcoin. I think it is a news that could possibly make billions of dollars worth of cash inflows. Perhaps Soros already received what they were willing to buy, and after that news came out on the market

[Temik2704]

Rothschilds already bought BTC in July for example: https://bitcointalk.org/index.php?topic=2044090.0;all
More and more rich people (including those who was Criticizing btc in past) are coming in crypto.

[disconnectme]

Soros and Rockerfellers are entering the space, these are guys that made their money betting against the market, they always do the opposite of what others are doing. The only concern I have here is that the market can easily be manipulated buy these Billionaire. I just hope they are getting into the space because they believe this is the future

[lobo13hf]

So now we have Soros, Rockefeller family and Rothchild family. All the old financial/oil/investment families coming together. Soon we will see others from Asia (you guys probably never know Hong Kong, Japan families) or maybe even old dictators coming into crypto.

They tried to ignore crypto, but guess they cannot ignore money. They buy Bitcoin or private crypto I wonder?

They buy bitcoin indirectly in some articles already stated about soros owned a lot of shares in the overstock.com and that means if he can buy it anytime as he wants.
Basicalle a big player just like soros never tries to join in the crypto directly. Because he was owning so many people to work with him. Soros is a big bos man.