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whtchocla7e
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Worlds Simplest Cryptocurrency Wallet
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May 14, 2014, 04:03:28 PM |
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I would be sure to advertise that fact on a forum as well...
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E-C.Guru
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May 14, 2014, 04:05:45 PM |
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$500,000,000 worth, that's 1,126,000 BTC ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Not really. Perhaps if you're the only big player going into bitcoin and you have 1-12 month time to buy. Otherwise the first 50 millions would drive the price to the moon. If you were in a hurry, at least.
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Alley
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May 14, 2014, 04:36:35 PM |
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So he didn't actually buy bitcoins just invested in bitpay...
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RockHound (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2014, 04:48:32 PM |
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So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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RockHound (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2014, 04:50:25 PM |
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$500,000,000 worth, that's 1,126,000 BTC ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Not really. Perhaps if you're the only big player going into bitcoin and you have 1-12 month time to buy. Otherwise the first 50 millions would drive the price to the moon. If you were in a hurry, at least. True, that'll be one hell of a Wall on his exchange ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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hloren70
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May 14, 2014, 04:51:12 PM |
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Any big investor would certainly keep their investment lowkey!
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blatchcorn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2014, 04:51:50 PM |
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So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Investing in BitPay is investing in Bitcoin.
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madmadmax
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May 14, 2014, 04:53:28 PM |
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▄▄▄▄▄ ▄▄▄▄▄ ▄▄█▀▀▀▀▀▀██▄ ▄▄█▀▀▀▀▀▀▀█▄ ▄██▀ ▀██▄ ▄██▀ ▀█▄ ██▀ ▀██▄ ▀▀ ██ ██ ▀██ ▄▄▄▄▄▄▄▄██ ██ ▀██▄ ▀▀▀▀▀▀▀▀▀▀ ██▄ ▄██ ▀██▄ ▄▄▄ ▀██▄ ▄██▀ ▀██▄▄ ▄██▀ ▀▀██████▀▀ ▀▀██████▀▀
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RockHound (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2014, 05:00:16 PM |
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So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Investing in BitPay is investing in Bitcoin. Yeah, good point. Here's his profile on Wiki: http://en.wikipedia.org/wiki/Li_Ka-shingThis could be great for the Bitcoin economy. Thus far, non of the investors have fully integrated into their Commercial enterprise groups/subsidiaries. Perhaps his investment was strategic, for future BTC integration?
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RockHound (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2014, 05:05:24 PM |
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Any big investor would certainly keep their investment lowkey!
Agreed, I certainly would. From time to time, I would log-in to my wallet just to marvel at my 5-7 figure BTC ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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BitCoinDream
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The revolution will be digital
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May 14, 2014, 05:09:25 PM |
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So Li Ka-shing does not think the way Warren Buffett does !!! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Ron~Popeil
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May 14, 2014, 05:11:22 PM |
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So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) He is a bitcoin holder. He donates to Seans Outpost quite frequently. His support of bitcoin is a great thing for the crypto ecosystem.
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RockHound (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2014, 05:35:26 PM |
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So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) He is a bitcoin holder. He donates to Seans Outpost quite frequently. His support of bitcoin is a great thing for the crypto ecosystem. Cheers for the info Ron, Jason King does noble work for sure. Here's a lengthy but cool interview he did last week: http://www.youtube.com/watch?v=JI7ZtX43bEYAgreed, Sir Li Ka-shing on board, is great for crypto ecosystem. Would like to see him integrate into his many businesses though.
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franky1
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May 14, 2014, 05:36:30 PM |
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by investing into bitpay. you will see that instead of bitpay selling their coins on an exchange. they will use the investors fiat and give the investor bitcoin
thus you wont see as much sell orders on the exchanges, which will a rise in pirce, but a slower rise whilst merchants small tx's are processed, compared to a whale biting on the sale orders in under 5 minutes.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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LiteCoinGuy
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In Satoshi I Trust
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May 14, 2014, 05:40:47 PM |
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$500,000,000 worth, that's 1,126,000 BTC ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Not really. Perhaps if you're the only big player going into bitcoin and you have 1-12 month time to buy. Otherwise the first 50 millions would drive the price to the moon. If you were in a hurry, at least. True, that'll be one hell of a Wall on his exchange ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) i would try it on local bitcoins ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Ron~Popeil
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2014, 05:49:35 PM |
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So he didn't actually buy bitcoins just invested in bitpay...
I would find it hard to believe, that he doesn't have at least 1BTC. The other BitPay investors also probably hold personal BTC. And by that rationale, being the biggest dawg in Asia, reckons he's got a few BTC ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) He is a bitcoin holder. He donates to Seans Outpost quite frequently. His support of bitcoin is a great thing for the crypto ecosystem. Cheers for the info Ron, Jason King does noble work for sure. Here's a lengthy but cool interview he did last week: http://www.youtube.com/watch?v=JI7ZtX43bEYAgreed, Sir Li Ka-shing on board, is great for crypto ecosystem. Would like to see him integrate into his many businesses though. Yeah, I am a huge fan of Sean's Outpost. My meager donations probably don't make much of a dent but a lot of small donations is as good as 1 large one.
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jbrnt
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May 14, 2014, 05:57:04 PM |
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He, among other investors, invested in bitpay. He is not buying bitcoin directly. It is a confidence boost in bitcoin, but do not expect bitcoin price to soar because of this.
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ruffled_up
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May 14, 2014, 06:04:29 PM |
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The us government could definately cripple the bitcoin price if they were to flood the market with all the siezed coins they have
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RockHound (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2014, 06:11:26 PM Last edit: May 14, 2014, 08:08:14 PM by RockHound |
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by investing into bitpay. you will see that instead of bitpay selling their coins on an exchange. they will use the investors fiat and give the investor bitcoin
thus you wont see as much sell orders on the exchanges, which will a rise in pirce, but a slower rise whilst merchants small tx's are processed, compared to a whale biting on the sale orders in under 5 minutes.
Interesting point Frank, that would be the way to go. Several Bitcoiners on here reckon if he did execute a massive buy order on an exchange, that the Bitcoin price index would rise? This is hypothetically logical, but would it be sustainable? Hard to say what will promote Bitcoins next surge past $1000 barrier. Personally I think it will be some kind of new innovation/service that the Bitcoin protocol facilitates - A real Game Changer for Bitcoin (don't think this has been invented yet). Some folks are optimistic that Winklevoss EFT and Wall Street will be this Game Changer, maybe? But I think it'll be something else, not currently conceived/implemented. On that note, what do you think about the Coinprism & Colouring Bitcoin's concept?
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