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Anonymous trader buys $400 million in bitcoin
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:RandomS:MV8zNzY3MjM2XzY3NTA1NDIyXzRBMERCRkI5] [quote:anonymous4412:MV8zNzY3MjM2XzY3NTA1Mzk4XzRDNjM5OUU5] this is exactly how dumbfucks get burnt. news gets out that someone bought a bunch of bitcoin, then the sheep figure they will buy too. in the meantime, this big buyer is selling while the sheep are buying, at higher prices. [/quote] Hmmm? Well if you are buying and holding, then perhaps, else.. everyone is selling at higher prices.. that's the point! Anyway look, btc went up 5,000$ on it's own, back to 11,000$ levels, and is still raising, before that 400 million purchase.. BTC practically doubled in price naturally, in a month's time. You know, even if it crashes eventually, who cares, get in, make money, get out. Don't be like the people who didn't invest in Google when it was a penny stock! [/quote]
Original Message
In case you still think there's no future in this..
Anonymous trader buys $400 million in bitcoin
Published: Feb 16
Go big or go home. That’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital currency, bitcoin.
The purchase comes as cryptocurrencies are making a comeback after a dreadful start to 2018. Major digital currencies lost as much as 50% to start the year as growing regulation and security fears crippled the market, seeing traders bail on their positions. However, the tide has turned
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link to www.marketwatch.com (secure)
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