Someone just bought $400 million worth of BTC

[Anonymous No.8660286]

>An anonymous trader has sunk $400 million—enough to buy New York state’s most expensive home twice with change left over—into the cryptocurrency, raising his or her stake from 55,000 coins to more than 96,000 between Feb. 9 and Feb. 12. And that buy-in is already paying substantial returns.

>The bulk of the purchases took place on Feb. 9, with another 9,000 or so on Feb 12, according to publicly available data tracked by digital wallet provider Blockchain. And even if the buyer bought at the day’s peak, he, she, or it is looking at total gains so far of roughly $83 million.

>The current value of the buyer’s portfolio currently stands at nearly $1.1 billion.

>Whoever the investor was, it wasn’t his or her first time plunking down a lot of cash on Bitcoin. Their account was largely dormant before Dec. 12, when it went from holdings of 0.246 coins to 48,627 by the morning of Dec. 13. (Bitcoin, at the time, was going for about $17,000—meaning a rough investment of $827 million.)

[Anonymous No.8660298]

based

[Anonymous No.8660311]

article is from FEBRUARY 21st

amp.timeinc.net/fortune/2018/02/19/400-million-bitcoin-anonymous-investor?__twitter_impression=true

[Anonymous No.8660314]

OTC?

No way is someone buying that much BTC market, wtf.

[Anonymous No.8660329]

>>8660314
You could do it in waves. Especially easy in a bear market, just set a bunch of buy walls and let them get eaten

[Anonymous No.8660337]

>>8660286
>her

[Anonymous No.8660345]

Why would you buy bitcoin in the middle of a freefall like this?

[Anonymous No.8660350]

>>8660337
it was ellen, she went all in on bitcoin

[Anonymous No.8660356]

kek @ how they say "she'

[Anonymous No.8660381]

>>8660311
Even worse:
> purchases took place on Feb. 9, with another 9,000 or so on Feb 12
> It's already almost April, just 1 day away.

[Anonymous No.8660392]

Properly Satoshi tried to pump his coin?

[Anonymous No.8660531]

>Their account was largely dormant before Dec. 12, when it went from holdings of 0.246 coins to 48,627 by the morning of Dec. 13. (Bitcoin, at the time, was going for about $17,000—meaning a rough investment of $827 million.)

[Anonymous No.8660534]

>>8660314
>put up a buy wall
>Mt.Gox fills it

[Anonymous No.8660576]

>>8660286
>he, she, or it
Why not just use "they"? Is the writer seriously just doing it to virtue signal?

[Anonymous No.8660586]

>>8660345
Check the date.

[Anonymous No.8660599]

literally me

[Anonymous No.8660626]

>>8660576
that is the grammatically correct way of saying it. It's in all the grammar and style books. "They" is plural. "They" is also used incorrectly by the "politically correct" to talk about someone while using a neutral pronoun; so, really, they are avoiding the virtue signaling.

[Anonymous No.8660645]

>>8660626
o fuq - he or she* is avoiding

[Anonymous No.8660679]

>>8660626
that's the one thing i hate the most about the trans movement, now we're supposed to break grammar rules to be inclusive. triggers me

[Anonymous No.8660683]

"her"

This world is pathetic!

[Anonymous No.8660710]

>>8660626
Nigga pls, you know the writer cares more about being progressively inclusive than being grammatically correct.

[Anonymous No.8660714]

anyone else wondering who gives a shit... that was a month ago.

[Anonymous No.8660717]

>>8660311
lol hes down like 200m at least

[Anonymous No.8660733]

>>8660599
bcash is just slightly less garbage than btc. Lightning and segwit will make btc better. The only people in bcash are people that like playing the villain in their pathetic crypto fantasy. They will betray bch and dump it, in time.

[Anonymous No.8661061]

I think it's a woman with $1.1 billion.

[Anonymous No.8661198]

People with that kinda money can afford to wait years unlike /biz/.

[Anonymous No.8661933]

>>8660576
"It" is aimed on AI u dumbfuck

[Anonymous No.8661958]

>>8660286
Even whales get dumped on by earlier investors

[Anonymous No.8662006]

>>8660733
Lightning and Segwit are memes. No one wants to use that shit. People on BCH side just wanted to fix the high fees and long confirmation times, by making a sensible and trival change to the Bitcoin code and increasing the 1MB blocksize. There has never been a valid reason to not increase it, so anyone resisting this change has ulterior motives. Originally blocksize was 32MB, it was decreased temporarily as a spam counter measure by Satoshi before he vanished

[Anonymous No.8662064]

hold my beer

[Anonymous No.8662259]

>>8660345
They know something you don't?

[Anonymous No.8662313]

>>8662006
increasing the block size is a temporary solution. That solution would have you kill bitcoin cash and make bitcoin cash 2 at some point in the future. It's ridiculous, retarded even. You've been misled. It's just people trying to pump a worthless coin and I'm sorry you fell for it.

[Anonymous No.8662374]

>>8660356
this but unironically

[Anonymous No.8662440]

>>8660626
>"They" is plural
They has been used as singular for hundreds of years, but "he" was the more common word for neutral pronoun singular.

[Anonymous No.8663247]

>>8660531
>Bitcoin, at the time, was going for about $17,000—meaning a rough investment of $827 million.
>investment

[Anonymous No.8663292]

>>8663247
More like discharging.

[Anonymous No.8663305]

Just goes to show how much stupid money is in BTC...someone literally bought @ 17k and then @ 9k

[Anonymous No.8664066]

>>8660286
Elon Musk bought them


Connor
@DeadlyBananas
22 Feb
Replying to @MichaelAVaughn @elonmusk
Right. I should've clarified, I realized that's not Elon. Meant to ask in general why is all the spam popping up lately?


Elon Musk

@elonmusk
Not sure. I let @jack know, but it’s still going. I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago.

5:16 PM - Feb 22, 2018
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