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Author Topic: Bill Cosby buys 750 BTC  (Read 1037 times)
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August 28, 2018, 09:24:48 AM
 #41

this is a clear use case of Bitcoin.

they are associating bitcoin to the crime, they are not praising bitcoin

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Clearly, the sex offender is doing whatever he could to escape the law. According to author, Frank Ahearn, not only is Cosby’s reliance on cryptocurrencies a “huge red flag”, but the fact that people are investing in something that is decreasing in value can only be useful as a “great took if you’re planning an escape.

If Bitcoin and other cryptocurrencies are only considered to hide the truth, wouldn’t this only hinder user adoption?

this article goes back to the old tale that the cryptos are used to commit crimes, we have to overcome this, we have to forget that. The Fiat is used to commit crimes, Guns are used to commit crimes, knives are used to commit crimes. We can not accuse bitcoin when we know that there are more means that are used to commit crimes





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August 28, 2018, 09:31:59 AM
 #42

Find out the persons that gave this tool merit and ban the entire bunch of fools.

I should be getting +200 merits for my threads/topics and posts
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August 28, 2018, 09:39:19 AM
 #43

Reportedly Hollywood actor Bill Cosby has recently bought 750 BTC (around 5 $million at the time of the purchase) when he was advised to do so by his financial advisor, in an attempt to save some of his wealth from what's coming to him after all the rape accusations.

Im not sure if he is a rapist or not because I haven't looked at the evidence, but like or not, this is a clear use case of Bitcoin. His net worth is like half a billion USD, so I guess this is like a plan Z to keep 5 million which would be enough to live without working in case things go very bad for him.

I found this interesting nonetheless and worth mentioning here. Full news:

https://bitcoinexchangeguide.com/bill-cosby-buys-750-bitcoin-btc-worth-5-million-to-save-500m-fortune-from-wife/

So thats like his known but yet unknown wealth which no one can ever know in which address it is being carried out right now.Smartest way to get the wealth into the safe place and also who knows if the bitcoin surges upwards in the days to come then he may himself get surprised to see his wealth getting hiked by more than enough and literally his financial advisors decision will end up very much positive. To be frank bitcoin is like safe house for many people these days and unfortunately this is also the reason why criminal choose to have the BTC as back up.

 
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August 28, 2018, 09:44:14 AM
 #44

The fact that such a wealthy person get's advice to buy 750 Bitcoins means good for all of us holding it. People wouldn't invest such huge amounts of money in garbage.
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August 28, 2018, 09:47:26 AM
 #45

He made the decision to save his wealth from unexpected things. I think the investment calculation certainly requires great courage based on the crypto market which is still unstable, he dares to enter the market and will boost the situation.

Are you serious Hollywood actor Bill Cosby has recently bought 750 bitcoin ? if tru maybe just few day later bitcoin will growing up and could cross to $10,000. Maybe some issues to make bitcoin will growing up but I am glad with this news.
There are many news talking about this on google, you just need to type the name, like one example as below
https://www.ccn.com/gossip-mag-claims-bill-cosby-is-using-bitcoin-to-hide-his-fortune-hes-probably-not/
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August 28, 2018, 09:53:18 AM
 #46

From a financial point of view, this is a very good and thoughtful move, but it may well be that he will not have time to use these bitcoins, now he does not have the best moment in his life.
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August 28, 2018, 10:03:31 AM
 #47

Reportedly Hollywood actor Bill Cosby has recently bought 750 BTC (around 5 $million at the time of the purchase) when he was advised to do so by his financial advisor, in an attempt to save some of his wealth from what's coming to him after all the rape accusations.

Im not sure if he is a rapist or not because I haven't looked at the evidence, but like or not, this is a clear use case of Bitcoin. His net worth is like half a billion USD, so I guess this is like a plan Z to keep 5 million which would be enough to live without working in case things go very bad for him.

I found this interesting nonetheless and worth mentioning here. Full news:

https://bitcoinexchangeguide.com/bill-cosby-buys-750-bitcoin-btc-worth-5-million-to-save-500m-fortune-from-wife/

I doubt if this is true. Either they are just shilling or pure fabricated news for fun. First of all, if he wants to hide his money so his wife and the court will not be able to get it then why the heck does they announce it to the whole world?! Second, if I'm worth more than 1/2 billion then I will buy more that 750 btc. Third, they are in legal battle I  think his lawyer knows better than to keep their mouth shut on about everything.

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August 28, 2018, 10:07:40 AM
 #48

Reportedly Hollywood actor Bill Cosby has recently bought 750 BTC (around 5 $million at the time of the purchase) when he was advised to do so by his financial advisor, in an attempt to save some of his wealth from what's coming to him after all the rape accusations.

Im not sure if he is a rapist or not because I haven't looked at the evidence, but like or not, this is a clear use case of Bitcoin. His net worth is like half a billion USD, so I guess this is like a plan Z to keep 5 million which would be enough to live without working in case things go very bad for him.

I found this interesting nonetheless and worth mentioning here. Full news:

https://bitcoinexchangeguide.com/bill-cosby-buys-750-bitcoin-btc-worth-5-million-to-save-500m-fortune-from-wife/

Maybe he just want to avoid from his obligation. He just want to do tax evasion perhaps. Many celebrities and bussinessman hiding their asset on bitcoin because bitcoin wallet can not identified

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August 28, 2018, 10:11:45 AM
 #49

Hollywood is a scam industry. They show nonsense in 2 hours movie and earn $20 million.
LOL.  That is called entertainment business.  They sell dream and fiction but that is not mean they are scam.  They use creativity, lot of resources and a big budget to produce that 2 hours of "nonsense" you probably love.
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August 28, 2018, 10:47:40 AM
 #50

Reportedly Hollywood actor Bill Cosby has recently bought 750 BTC (around 5 $million at the time of the purchase) when he was advised to do so by his financial advisor, in an attempt to save some of his wealth from what's coming to him after all the rape accusations.

Im not sure if he is a rapist or not because I haven't looked at the evidence, but like or not, this is a clear use case of Bitcoin. His net worth is like half a billion USD, so I guess this is like a plan Z to keep 5 million which would be enough to live without working in case things go very bad for him.

I found this interesting nonetheless and worth mentioning here. Full news:

https://bitcoinexchangeguide.com/bill-cosby-buys-750-bitcoin-btc-worth-5-million-to-save-500m-fortune-from-wife/
In my opinion, the decision made by Cosby is very appropriate, because he takes anticipation from his career which is exposed to legal problems, because usually cases like this can reduce the popularity of celebrities, and smart financial advisors by proposing Bitcoin as an investment from his client. brilliant idea when cosby must face trial.
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August 28, 2018, 01:32:53 PM
 #51



Now that the information about him invested millions on BTC then he is going to be closely watched. No one escapes IRS when assets are known.
He may have half a billion but he'll see how much he really have when the government collects whats for them. Goodluck to him, He better just pay those victims and give to his wife what she deserves after all they all have good memories before he fucked up.

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August 28, 2018, 01:35:48 PM
 #52

Hollywood is a scam industry. They show nonsense in 2 hours movie and earn $20 million. Same as Bitcoin $400 to $6000.
I agree with those movies that are just repeating sequences and storylines but why compare it to bitcoin? bitcoin isn't a scam.

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August 28, 2018, 02:05:24 PM
 #53

LOL.  That is called entertainment business.  They sell dream and fiction but that is not mean they are scam.  They use creativity, lot of resources and a big budget to produce that 2 hours of "nonsense" you probably love.

Why did 9/11 terrorist attacks happen in USA when there are all those undefeatable hollywood superstars in USA ?? Hollywood is nonsense. Earn money $20 million by selling 2 hours movies.
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August 28, 2018, 02:16:56 PM
 #54

Although this is a smart step by him, but will the fund not be traced too even if it's in bitcoin? Never knew he was this rich,sometimes, the law tend to hunt the rich so they could be milked of their wealth. I hope things get well with him.
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August 28, 2018, 02:50:45 PM
 #55

That's a good news and lucky for him for buying that bitcoin. He must be got an advice from his financial advisor to bought Bitcoin. They must be done their analysis before they decided to invest on bitcoin. Good for Bill Cosby.
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August 28, 2018, 03:48:35 PM
 #56

The news is worthy of attention. I believe that buying bitcoin is the best investment. The main advantages are anonymity and reliable growth.
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August 28, 2018, 04:06:28 PM
 #57

Reportedly Hollywood actor Bill Cosby has recently bought 750 BTC (around 5 $million at the time of the purchase) when he was advised to do so by his financial advisor, in an attempt to save some of his wealth from what's coming to him after all the rape accusations.

Im not sure if he is a rapist or not because I haven't looked at the evidence, but like or not, this is a clear use case of Bitcoin. His net worth is like half a billion USD, so I guess this is like a plan Z to keep 5 million which would be enough to live without working in case things go very bad for him.

I found this interesting nonetheless and worth mentioning here. Full news:

https://bitcoinexchangeguide.com/bill-cosby-buys-750-bitcoin-btc-worth-5-million-to-save-500m-fortune-from-wife/
Well its a good decision for buying for itself no one can get the bitcoin even the government even he have a case of rape until his time comes he can use that money even not working. and the case also is his 5 million USD can grow more because of what happen in a matter of time. This is good for the investor. Buying of Bill Cosby that kind of money can affect to the price and grow so much.

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August 28, 2018, 04:10:36 PM
 #58

If for the impact the price seems like this doesn't exist at all, except maybe Bill can play the price in it, chances are there will be something moving later. Still on the technical side, bitcoin is currently more likely to fluctuate between lows and there is no significant movement that can change the direction of the trend
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August 28, 2018, 04:16:36 PM
 #59

I don't think that means anything. Maybe he's making a big mistake, we can't tell if he's right or not. It will be clear only after a while.

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August 28, 2018, 04:50:22 PM
 #60

This is Bill. Bill buys bitcoin to have a backup fund that might explode into billions. Be like Bill(ion).
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