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Massive Bitcoin Whale Triggered BTC Surge With $100 Million Order, Says Crypto Investment Firm CEO
The Daily HODL ^ | 04/02/19

Posted on 04/02/2019 6:19:45 PM PDT by Enlightened1

click here to read article


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1 posted on 04/02/2019 6:19:46 PM PDT by Enlightened1
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To: Enlightened1

In the first huge BTC run-up, Iran and the Norks were rumored to be buyers. Bitcoin allows them to circumvent trade sanctions.

A rogue country isn’t going to care about what price they are paying for Bitcoin because it’s not for investment. It’s for hiding payments.


2 posted on 04/02/2019 6:33:22 PM PDT by Pelham (Secure Voter ID. Mexico has it, because unlike us they take voting seriously)
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To: Enlightened1

Bitcon.


3 posted on 04/02/2019 6:35:37 PM PDT by Hugin ("Not one step from his weapons should a traveler take"...Havamal 38)
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To: Pelham

Good luck proving that.

Sounds like propaganda from the central banks (aka control freaks)


4 posted on 04/02/2019 6:35:58 PM PDT by Enlightened1
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To: Hugin

It is worth more than gold.


5 posted on 04/02/2019 6:36:30 PM PDT by Enlightened1
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To: Enlightened1
It is worth more than gold.

AND it's lighter weight. I have my bitcoin stashed in my attic. Gold might have overstressed the roof beams.

6 posted on 04/02/2019 6:41:04 PM PDT by BipolarBob (I got dozens of friends and the fun never ends that is, as long as I'm buying)
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To: Enlightened1

By weight?


7 posted on 04/02/2019 6:48:25 PM PDT by Hugin ("Not one step from his weapons should a traveler take"...Havamal 38)
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To: Enlightened1

All crypto is up right now. I have tons of shares in DogeCoin and Elon Musk made some comment about it and it literally doubled in value (dipping back down now).


8 posted on 04/02/2019 6:48:36 PM PDT by struggle
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To: struggle

Nice pick up!

https://coinpaprika.com/?currency=usd&tab=longterm


9 posted on 04/02/2019 6:56:32 PM PDT by Enlightened1
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To: BipolarBob

Haha


10 posted on 04/02/2019 6:57:18 PM PDT by Enlightened1
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To: Hugin

By price...

Gold is $1,292.99

Bitcoin is $4,981.09


11 posted on 04/02/2019 6:59:00 PM PDT by Enlightened1
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To: Enlightened1
This move was coming for a long time, and is sustainable. As it matures, Bitcoin is following technical analysis 101. This last move was a classic wedge/"slim jim" with increasing relative strength which burst through on massive volume, catching complacent shorts napping. I see a retest to 7500 by mid-June.


12 posted on 04/02/2019 7:05:51 PM PDT by montag813
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To: montag813

Nice... And then I think of articles like this too.

https://abacusjournal.com/fidelity-disclosure-weve-been-mining-bitcoin-since-2015/


13 posted on 04/02/2019 7:08:49 PM PDT by Enlightened1
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To: Enlightened1

A kilo bar of gold is worth $42,000. Therefore gold is worth more.


14 posted on 04/02/2019 7:15:27 PM PDT by Hugin ("Not one step from his weapons should a traveler take"...Havamal 38)
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To: Enlightened1

it is time
for FR to have an ICO


15 posted on 04/02/2019 7:21:19 PM PDT by RockyTx (fr)
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To: Hugin

A kilo of Bitcoin would be 2 times that value.

You cannot weigh bits. Haha!


16 posted on 04/02/2019 7:25:17 PM PDT by Enlightened1
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To: RockyTx

Free Republic should tokenize.

Think that would make it in the long run.


17 posted on 04/02/2019 7:26:22 PM PDT by Enlightened1
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To: Enlightened1

Which is why you can’t compare the value. No common units of measurement.


18 posted on 04/02/2019 7:28:15 PM PDT by Hugin ("Not one step from his weapons should a traveler take"...Havamal 38)
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To: Hugin

Once ounce of gold is usually compared with 1 of everything else in terms of price.


19 posted on 04/02/2019 7:30:43 PM PDT by Enlightened1
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To: Enlightened1

Btw, what this article really shows is how vulnerable such a small total market is to price manipulation.


20 posted on 04/02/2019 7:39:14 PM PDT by Hugin ("Not one step from his weapons should a traveler take"...Havamal 38)
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