Chinese Investor bought 10,000 bitcoin during the dip!

[Xester]

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.

[First77]

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.

[Xester]

China

This person is a Chinese and he is from CHina. Though the Chinese government is not allowing the use of cryptocurrency and ICO in China but the market have not slowed down. According also to the article I cited the exchanges have relocated around countries surrounding China and trading still occured through OTC trades.

[Virtual miner]

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.

Yep! Bitcoin is now getting universally recognized and this is a live example. there are some smart people today who still have faith in bitcoin and believe that crypto is the new trend. Such entrepreneurs have a faith in the growth potential of bitcoin and the like assets that is why they have that vision of ruling the world.

I do believe in the strength of the crypto and this is the reason I am still here attached to this market after so many ups n downs. But not all have this kind of patience. They need to imbibe such values in them in order to be successful.

[eaLiTy]

Yep! Bitcoin is now getting universally recognized and this is a live example. there are some smart people today who still have faith in bitcoin and believe that crypto is the new trend. Such entrepreneurs have a faith in the growth potential of bitcoin and the like assets that is why they have that vision of ruling the world.

I am sure there is no one in this world who watches the global market have not heard about bitcoin, getting interested in this new market is another thing, the solution for the majority of the users to purchase bitcoin and to have a global acceptance, it need to be a currency that needs to have merchant adoption, if it is just a store of value, it would be hard to attract everyone, i do believe that the price would break records in the future and so is the reason many have invested in bitcoin.

[Wexnident]

China

This person is a Chinese and he is from CHina. Though the Chinese government is not allowing the use of cryptocurrency and ICO in China but the market have not slowed down. According also to the article I cited the exchanges have relocated around countries surrounding China and trading still occured through OTC trades.

Well, this all means that even if our own country's will really banned btc and other crypto it will be worth less because I believed that if the people are really wanted and eagerly to adapt bitcoin in their lives well, nobody can stop them even if their government. Just always remember the saying that "If you want some things to have well there's nothing is impossible. We can do or we can have what we want just do everything just to have it.I can see how people are really love bitcoin because they make impossible things to be possible and they making their other way just to still involve in here.

[piloder]

Even though lots of bans from chinese government, chinese people are really crazy about whole crypto world and what can be best way to fly out of country with their money other than bitcoin and same applies to both small and big investors. Chinese people want to invest in foreign countries and bitcoin is best to way move their yuan to dollar for extreme profit after few months. I am afraid of this guy dumping his whole bitcoin if price will go over $30k or near it. He might not care about the future value as he is just an investor who believes in profit taking.

[squatz1]

Does anyone know if this guy went ahead and sold? We only hear about when people are buying, as it is a way to try to sway the market towards being bullish. But is there anyway to know if this guy sold? Is there anyway to track his coins or are they on an exchange? How do we even know he bought, this could all just be a lie.

I don't trust anything unless it is FULLY proven with FACT and sources. This is nothing until proven.

[OSEIBOATENG]

That's a great sign that we the holders also have a future. We shouldn't just sit there and let the rich men buy all the coin but also invest or buy more of it to make it some days to come.

[oni4an]

Great sign. Rich people they are greedy, and the greedy person will not just invest so soon a larger upward trend will begin.

[doublecoins]

now this news will be a sensation in the market for buying at the dips and this news will increase the market price and bring a lot of investors

[walemil]

Despite the ban on bitcoin by the Chinese government, the Chinese remain deeply in love with bitcoin. An example of such enthusiasm is demonstrated in this kind of investment. This is a sure sign that there is a very great future for bitcoin. For those who are still thinking whether to invest, do it now because tomorrow may be late.

[lelangsabun]

yeah that was a huge info for us, we know that chinese are very love of this currency and altough it very making many rich people want to following the trend and change the trend too thats greed

[kenelmark]

It sounds like a person who wants to carry his money out of the country under government radar.
is it a good news or a bad news !? I don't care. if he wants to dump the bitcoin price, I don't care.
This news is nothing for me, and I'm sure it is nothing for bitcoin.

[onemoretime8520]

I hope these news are true and China is a very big market for the world and if this investor can attract only 1% of population in China than btc would be in bullish season again.

[ajeef]

Wow he really has some balls. Or better he knows what he is doing. I'm really wondering how far will bitcoin go this year if people are spending so much money on this and is just the first half of the year, what are your thoughts?

[European Central Bank]

man, how far we've come in such a short time.

https://bitcointalk.org/index.php?topic=92.0

crypto time truly is proving the theory of relativity. time runs faster at the cutting edge.

[MyIdeas]

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 also heard that news yesterday, That person is much intelligent person who did not cared for any ban and started to get the benefit from the time when the price of bitcoin reached to a bottom. Now you can see that how much he got the benefit, From that time till now he already got more than 30% profit from his this investment.

[FrueGreads]

wow I guess that is was "normal" for some investors to buy some bitcoin during that correction, and I tried to accumulate as much bitcoin as I could, and I'm still trying to do it, but buying 10k BTC is just amazing. I mean, it's not like 1 BTC as $6k is cheap, and the guy decided to buy 10.000 bitcoin at an average price of $6k?

Of course that I'm impressed with the money he invested, but I'm assuming he didn't went all in, so maybe this was a "normal" investment for him. It definitely shows that successful investors are interested in bitcoin. I'm sure he was not the only one, so I guess that more will follow, and BTC price will have to keep increasing. Money attracts money, so if this guy sees something interesting in BTC, I'm sure many more will to.

[European Central Bank]

Of course that I'm impressed with the money he invested, but I'm assuming he didn't went all in, so maybe this was a "normal" investment for him.

the article says he's worth $1.5 billion, but most of that must be tied up in companies so it's nowhere near being available cash. he must've put in a sizeable percentage of his liquid wealth.

i presume he has an exit strategy with some even richer buddies looking to buy it off him.

and 'china' is kind of irrelevant in this context. people like this are transnational. they're not bound by one country's attitude to anything.