Bitcoin $344 Million Buyer & Technical Analysis

Bitcoin update & technical analysis.

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Sensible Cents 6 years ago Member's comment

Where can I see the video of people choosing a Hershey bar over gold? That sounds hard to believe!

Jeremy Stacks 6 years ago Contributor's comment
Bill Johnson 6 years ago Member's comment

I find it shocking that some one would invest $344 million worth of #bitcoin. Is that source reliable? How would that information even be known?

Currency Trader 6 years ago Member's comment

Actually, I read from @[Quad 7 Capital](user:61213), that it was $400 million.

Barry Hochhauser 6 years ago Member's comment

Actually, if the person has the funds, investing that much in #bitcoin is a sure thing. Whomever it was likely knew that the very act of buying that much caused bitcoin to double in value. He could get in and get out and double his money virtually overnight

Jeremy Stacks 6 years ago Contributor's comment

Yeah guys, it is pretty hard to believe, and while I don't have the very original source, this wasn't the first place I heard it from! I guess if someone has that kind of capital, they can potentially make some serious, serious cash. Also it may not have been just one individual - the article said it was that much money over a three day span. So, it could be a firm, a company, multiple people etc etc. Still thought it might drive the price a little bit more than it has...time will tell!