Chinese Investor bought 10,000 bitcoin during the dip!

[TrufieldICO]

It's great to hear that big investors still believe in the potential of Blockchain technology. Power to the people

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[Maheshkumar_Hrangkhawl]

Chinese government is encouraging investments in gold and silver since year 2012. Looks like Bitcoin is going to $6,000 after all the bans worldwide.

It may go to $6,000 per coin or even below that level. But within a year or two, the prices will recover. The next block reward halving is less than two years from now and it is going to trigger a major spike. We may even get to $50,000 levels.

[Omosomofa]

Chinese Angel Investor Cai Wensheng in an interview with tech entrepreneur Wang Feng said he had achieved a personal goal of holding 10,000 Bitcoins. Wensheng is the founder of a Selfie touch-up app called Meitu which is immensely popular in China. I think will this and with up coming event.. Bitcoin will moon up soon.  Is still dropping but we should not give up for good.. It has happened like this before but everything will still fine soon. This an opportunity to get more coin.. Take advantage of this opportunity now.

[ajochems]

China government still support the people to inverse their money on gold and silver .But this shows still many chinese interested to inverse their money in short term profitable asset like bitcoin.If more chinese inverse their money in a dip,the price will automatically increase.

[Marma Kalari]

There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

This is what happens if a government is volatile, the government is trying to control the economic system and so is the reason they banned bitcoin, but people will buy bitcoin if they think that it is better than their fiat currency. He just publicly accepted that he purchased the coins and i am not sure whether he will get in trouble from the Chinese government, either way it is a bold statement.

[Kildin11]

billionaires do not make stupid investments, think about it. Today, correction is a great way to make money tomorrow. repeat after him

[daarul50]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

I am not surprised by the thing because now the Chinese people have become rich people even now the global market is almost dominated by the products of china country. Which should be underlined as a point of the above is that although the Chinese government has banned the circulation and use of crypto but its people can still use and even invest crypto and this shows that cryptoworld will never be extinct because with the ever-growing government every country will aware that the technology brought by bitcoin can help one's economy.

[MrRiuss]

well its good to see that there is somebody buy bitcoin with that such amount. but nobody know, whether he bought during the dip or not, because no ones could know the price movement, it may be could going down again or going up

[Rembrumt]

this guy is a liar !

[Victorias]

This is an excellent information for each of us. Bitcoin is becoming more popular every day and attracts interest from large investors. This is a good sign that the price of bitcoin will soon grow.

[coinmarketdaddy]

It is always a good way to buy Bitcoin in a dip. Everyone knows that Bitcoin is very strong in coinmarket. There are many people who just just bitcoin but does not know any other crypto currency. Everybody almost heard the name of Bitcoin , but not everybody knows about any other altcoin. That's why people and investors buy it in a dip.

[Joyeeta]

More Chinese investor needed to push the price up of bitcoin, can't wait the dat when bitcoin is over $25l it will be awesome and lots of people will be happy.

[charlotte04]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

Then that person will be lucky someday if the price of Bitcoin will reach to that point that McAfee predicted.

[YoungMaster]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

That's his own strategy as he dare took a risk bought bitcoin when it was on the bearish trend in Q1, and 10,000 bitcoin is the amount that can be dumped at any time for him.  But, Let's hope he will not easily contribute in dumping.

[pancawati77]

In recent days many circulating about the Chinese government will take action against bitcoin users but now there is someone who bought bitcoin with 10.000 bitcoin as a good trend the next day. Almost all altcoins have declined sharply and I do not know the exact cause.

[asbak66]

This is just a game from whales to making fud spreading over the world
Make people afraid to lose their money and sell their asset to them so they can buy btc and altcoins in cheap price
In the end we must be patience and carefully to make every step in crypto industries
Never trust anyone and dont get into their mind games

[hualangktsld841]

I also saw the news yesterday. In fact, many people in China like to invest, but most people are not very convenient to deal with the Chinese government's influence on the bitcoin policy. The recent good news is that the Chinese government is likely to set up a special economic zone in a province in the south. The word money exchange is likely to get a legitimate licence. Let's look forward to it.

[Awesome77492]

Does anyone know how such a huge transaction is completed?  I'm guessing there are some professional middlemen, like what Christie does for the art world, who specialize in the trading of large volume crypto.  Anyone knows of any agencies that do this? (not that I'm going to buy anywhere close to this amount, but just curious how they work).

[charlzyeby]

When big investors join the bitcoin and crypto world, most people tend to believe the credibility of cryptocurrencies. Involvement of big investors also makes sure that the crypto world is not threatened by other people who are against this fantastic technology.

[sabine80]

10,000 bitcoin is so much money. with such buzzing, i am always dizzy. i'm glad to make one whole bitcoin this year (i'm not sure yet if i can do it) and other people buying thousands of bitcoins. funny, even if i can not laugh about it.