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Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency

 
Anonymous Coward
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02/19/2018 10:36 PM
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Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency
On Sunday, its price rose to $11,328 following news that an unknown investor had bought $344 million worth of bitcoin between February 9 and February 12. The purchase was preceded by a huge sell-off that had erased more than 50 percent of the cryptocurrency market value amid speculation of growing regulation and security fears.

Bitcoin fell from $20,000 in December to below $6,000 on February 4. However, after the news of the huge buy, other investors poured money into crypto-assets.

“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the US and Asia,” Alex Sunnarborg, founding partner of Tetras Capital said, as quoted by Marketwatch.

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Anonymous Coward
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03/03/2018 09:46 PM
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Re: Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency
Start mining!
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Handy
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03/03/2018 09:46 PM
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Re: Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency
[link to hashflare.io (secure)]

Register now its easy and 100% Free- (duh)
Make money referring with no purchase- (nice)!

Also: I'm happy to announce a new discount campaign! Use the code: HF18SPRNGSL10 at purchase to get a 10% discount for all contracts. The offer is limited.
Anonymous Coward
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03/03/2018 09:47 PM
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Re: Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency
imagine if the retard bought at 6 344 million worth at 30 dollars lul
Anonymous Coward
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03/03/2018 09:48 PM
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Re: Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency
On Sunday, its price rose to $11,328 following news that an unknown investor had bought $344 million worth of bitcoin between February 9 and February 12. The purchase was preceded by a huge sell-off that had erased more than 50 percent of the cryptocurrency market value amid speculation of growing regulation and security fears.

Bitcoin fell from $20,000 in December to below $6,000 on February 4. However, after the news of the huge buy, other investors poured money into crypto-assets.

“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the US and Asia,” Alex Sunnarborg, founding partner of Tetras Capital said, as quoted by Marketwatch.

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 Quoting: Goneviral


unknown buyer ? you mean the fed ?
Anonymous Coward
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03/03/2018 10:05 PM
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Re: Bitcoin surging higher after mystery trader buys $344mn in cryptocurrency
Goldman... they also bought Poloniex. But yeah... the same money owns the Fed as well.





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