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Anonymous trader buys $400 million in bitcoin

 
RandomS  (OP)

User ID: 75903425
Canada
02/17/2018 11:27 PM
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Re: Anonymous trader buys $400 million in bitcoin
Aren't all bitcoin transactions anonymous? Kind of a dumbass move to have that in your title.
 Quoting: Anonymous Coward 71088974


Not really anonymous, not BTC.. for example if you take the address in my SIG (which has 0 use so not such a good example but eh)

[link to blockchain.info (secure)]

Same can be done with any address to examine what is happening with it, and where funds are coming/going, etc

There are coins out there being designed around Privacy, but BTC isn't one of them heh

The anonymous in the title of the article (which I just cut and paste into the thread title) probably refers to the fact that many of the "big players" are known, using known addresses, etc
LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH
Anonymous Coward
User ID: 76265366
Norway
02/17/2018 11:28 PM
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Re: Anonymous trader buys $400 million in bitcoin
Fear of missing out
RandomS  (OP)

User ID: 75903425
Canada
02/17/2018 11:29 PM
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Re: Anonymous trader buys $400 million in bitcoin
Yep. Major move.

Time for FOMO
 Quoting: Anonymous Coward 74053245


does anyone know what "FOMO" stands for?
 Quoting: Anonymous Coward 75716984


"fear of missing out"

Means.. omg the price is going to rise, quick, buy buy buy buy! with no supporting facts or maybe just having seen one tweet or post about it by some random person.. hmm

FOMO!!

For example I fomo'd the fuck out of ETC today, like a noob, upon hearing that it might spike this week, but maybe it will pay off!

Last Edited by RandomS on 02/17/2018 11:36 PM
LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH
RandomS  (OP)

User ID: 75903425
Canada
02/17/2018 11:31 PM
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Re: Anonymous trader buys $400 million in bitcoin
Since this is pinned, this thread needs a bit of Dramatics!


LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH
Anonymous Coward
User ID: 75716984
United States
02/17/2018 11:32 PM
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Re: Anonymous trader buys $400 million in bitcoin
Yep. Major move.

Time for FOMO
 Quoting: Anonymous Coward 74053245


does anyone know what "FOMO" stands for?
 Quoting: Anonymous Coward 75716984


"fear of missing out"

Means.. omg the price is going to rise, quick, buy buy buy buy! with no supporting facts or maybe just having seen one tweet or post about it by some random person.. hmm

FOMO!!
 Quoting: RandomS


Thanks.
Anonymous Coward
User ID: 76254533
Canada
02/17/2018 11:32 PM
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Re: Anonymous trader buys $400 million in bitcoin
Yep. Major move.

Time for FOMO
 Quoting: Anonymous Coward 74053245


does anyone know what "FOMO" stands for?
 Quoting: Anonymous Coward 75716984


Fear
Of
Missing
Out
Anonymous Coward
User ID: 76253631
United States
02/17/2018 11:39 PM
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Re: Anonymous trader buys $400 million in bitcoin
Must be time to fleece the sheep again.
Anonymous Coward
User ID: 75993659
Canada
02/17/2018 11:40 PM
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Re: Anonymous trader buys $400 million in bitcoin
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
.

[link to www.marketwatch.com (secure)]

mash-cheers5
 Quoting: RandomS


$400 Mill to a multibillionaire is chump change.
RandomS  (OP)

User ID: 75903425
Canada
02/17/2018 11:42 PM
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Re: Anonymous trader buys $400 million in bitcoin
Must be time to fleece the sheep again.
 Quoting: Anonymous Coward 76253631


Well, you know those people who caused the crash purposely (and were there trying to make it crash even further as explained in that crash video lolz) accumulated many millions of $ selling their BTC like crazy there at the end when they hit the 6000$ wall - I'd guess now that they were just buying back in shamefully, having been soundly defeated in that massive financial war that happened and that most didn't realize was going on... Perhaps the first massively public round of the war for the future of finances and who controls the world, between the old rich and the crypto rich.

Last Edited by RandomS on 02/17/2018 11:44 PM
LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH
halmo
User ID: 76241854
United States
02/17/2018 11:46 PM
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Re: Anonymous trader buys $400 million in bitcoin
Yep. Major move.

Time for FOMO
 Quoting: Anonymous Coward 74053245


does anyone know what "FOMO" stands for?
 Quoting: Anonymous Coward 75716984





fear of missing out...fomo.
RandomS  (OP)

User ID: 75903425
Canada
02/17/2018 11:50 PM
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Re: Anonymous trader buys $400 million in bitcoin
$400 Mill to a multibillionaire is chump change.
 Quoting: Anonymous Coward 75993659


Of course it is, but having billions and transferring 400 million into an exchange or btc service in order to be able to buy that much BTC.. ouch.

If that order would hit one shot it would cause the price to go absolutely wild as they buy all of the open orders (each of which is slightly higher than the other, and is often for less than 1 BTC) - that's like 40,000 BTC - if you observed the order books for btc on an exchange chances are there are not even 40,000 available to buy heh

Last Edited by RandomS on 02/17/2018 11:51 PM
LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH
Anonymous Coward
User ID: 75185864
Canada
02/18/2018 12:17 AM
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Re: Anonymous trader buys $400 million in bitcoin
then when all you poor suckers gonna invest while BTC goes up, that buyer is gonna sell everything and bring the prices down and leave you stuck with your shitcoins
Anonymous Coward
User ID: 72132116
United States
02/18/2018 12:24 AM
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Re: Anonymous trader buys $400 million in bitcoin
I hope he doesn't sell those anytime soon
The Comedian :D

User ID: 75152937
United States
02/18/2018 12:28 AM
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Re: Anonymous trader buys $400 million in bitcoin
Is it safe to say trump might have his fucking hand in this?
 Quoting: Anonymous Coward 74504332

No, it would be a totally stupid thing to say.
 Quoting: Anonymous Coward 76248687


Saved me the time.
cheers
Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits

‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense

[link to www.godlikeproductions.com]

"Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole

Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
RandomS  (OP)

User ID: 75903425
Canada
02/18/2018 12:29 AM
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Re: Anonymous trader buys $400 million in bitcoin
then when all you poor suckers gonna invest while BTC goes up, that buyer is gonna sell everything and bring the prices down and leave you stuck with your shitcoins
 Quoting: Anonymous Coward 75185864


Not quite! Some of us are not concerned with what BTC is actually worth, as long as things are moving up and down all the time, so we can make money off the dips and spikes, like.. the stock market, or the forex market.. same same!

Right now everything follows BTC's trends, as the big dawg, but there are a couple that stand to decouple from BTC's value, such as LTC or NEO, and stand on their own, meaning "they" would have to crash many of them.. and they failed to do just one.. so eh.. no problem!
LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH
The Comedian :D

User ID: 75152937
United States
02/18/2018 12:30 AM
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Re: Anonymous trader buys $400 million in bitcoin
$400 Mill to a multibillionaire is chump change.
 Quoting: Anonymous Coward 75993659


Of course it is, but having billions and transferring 400 million into an exchange or btc service in order to be able to buy that much BTC.. ouch.

If that order would hit one shot it would cause the price to go absolutely wild as they buy all of the open orders (each of which is slightly higher than the other, and is often for less than 1 BTC) - that's like 40,000 BTC - if you observed the order books for btc on an exchange chances are there are not even 40,000 available to buy heh
 Quoting: RandomS


I think your account has been compromised.

You were an insufferable retard.
Now, you're making intelligent observations.

I don't know who you are, but I'm glad you stole that dipshit's account.

cheers
Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits

‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense

[link to www.godlikeproductions.com]

"Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole

Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
anonymous4412

User ID: 74508576
United States
02/18/2018 12:30 AM
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Re: Anonymous trader buys $400 million in bitcoin
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.
The Comedian :D

User ID: 75152937
United States
02/18/2018 12:31 AM
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Re: Anonymous trader buys $400 million in bitcoin
then when all you poor suckers gonna invest while BTC goes up, that buyer is gonna sell everything and bring the prices down and leave you stuck with your shitcoins
 Quoting: Anonymous Coward 75185864


Not quite! Some of us are not concerned with what BTC is actually worth, as long as things are moving up and down all the time, so we can make money off the dips and spikes, like.. the stock market, or the forex market.. same same!

Right now everything follows BTC's trends, as the big dawg, but there are a couple that stand to decouple from BTC's value, such as LTC or NEO, and stand on their own, meaning "they" would have to crash many of them.. and they failed to do just one.. so eh.. no problem!
 Quoting: RandomS


Yup, you stole the retard's account.
Thank you.

:brilliant:
Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits

‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense

[link to www.godlikeproductions.com]

"Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole

Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
PENG

User ID: 75187082
United States
02/18/2018 12:33 AM

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Re: Anonymous trader buys $400 million in bitcoin
I just hope it wasn't that little creep Soros.
"May the road rise up to meet you.... May the wind be always at your back..."
RandomS  (OP)

User ID: 75903425
Canada
02/18/2018 12:33 AM
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Re: Anonymous trader buys $400 million in bitcoin
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.
 Quoting: anonymous4412


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!
LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH
Anonymous Coward
User ID: 76254533
Canada
02/18/2018 12:37 AM
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Re: Anonymous trader buys $400 million in bitcoin
Vertcoin FTW
RandomS  (OP)

User ID: 75903425
Canada
02/18/2018 12:39 AM
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Re: Anonymous trader buys $400 million in bitcoin
I think your account has been compromised.

You were an insufferable retard.
Now, you're making intelligent observations.

I don't know who you are, but I'm glad you stole that dipshit's account.

cheers
 Quoting: The Comedian :D


Still me, it's just that our opinions apparently are compatible on this particular subject, friend

righton5
LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH
Anonymous Coward
User ID: 75958784
Australia
02/18/2018 12:39 AM
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Re: Anonymous trader buys $400 million in bitcoin
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
.

[link to www.marketwatch.com (secure)]

mash-cheers5
 Quoting: RandomS


Organised crime loves shitcoin.
Anonymous Coward
User ID: 66285793
Netherlands
02/18/2018 12:41 AM
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Re: Anonymous trader buys $400 million in bitcoin
Stop talking about me and my investments.


afro
Anonymous Coward
User ID: 41058064
United States
02/18/2018 12:45 AM
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Re: Anonymous trader buys $400 million in bitcoin
Is it safe to say trump might have his fucking hand in this?
 Quoting: Anonymous Coward 74504332

No, it would be a totally stupid thing to say.
 Quoting: Anonymous Coward 76248687


It takes balls to make moves like this.

If I just came up on $400 Billion I'd do the same shit.

But don't expect it to shake it around too quickly, although it may have made a dent somewhere down the road. It'll show for sure.
 Quoting: Anonymous Coward 74504332


Well you sir, are a dumbfuck
RandomS  (OP)

User ID: 75903425
Canada
02/18/2018 12:46 AM
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Re: Anonymous trader buys $400 million in bitcoin
Stop talking about me and my investments.


afro
 Quoting: Anonymous Coward 66285793


Hey my good friend! How's it been? Say, can you spot me 2 million sats for a few decades?

s226

Last Edited by RandomS on 02/18/2018 12:46 AM
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Anonymous Coward
User ID: 76231465
United States
02/18/2018 12:47 AM
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Re: Anonymous trader buys $400 million in bitcoin
crypto starts at 400

on cue
Anonymous Coward
User ID: 76264995
United States
02/18/2018 12:49 AM
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Re: Anonymous trader buys $400 million in bitcoin
Instead of stupid cryptocurrency I bought a snake to keep me warm you losers!!!
Anonymous Coward
User ID: 76226366
United States
02/18/2018 01:01 AM
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Re: Anonymous trader buys $400 million in bitcoin
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!
 Quoting: RandomS


Um, Google was never a penny stock. Wasn't the IPO starting in the $hundreds?
RandomS  (OP)

User ID: 75903425
Canada
02/18/2018 01:07 AM
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Re: Anonymous trader buys $400 million in bitcoin
Um, Google was never a penny stock. Wasn't the IPO starting in the $hundreds?
 Quoting: Anonymous Coward 76226366


Haha no clue, it's the idea that counts, not the specific details heh - I've seen Blockchain compared to, say, the advent of smartphones or even the internet itself, a new tech that will propagate everywhere, being the next new "thing", and this is still the entry level point of it.. governments are taking notice and getting involved, financial institutions are getting in on it, billions of dollars are invested in it, etc..

Last Edited by RandomS on 02/18/2018 01:07 AM
LTC: Li9AgUVbapPLuqncJaRC5wDQ7HNg69rjkH





GLP