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13204623 No.13204623 [Reply] [Original]

Why would someone spend $100,000,000 market buying bitcoin?

>> No.13204645

>>13204623
5hink reeeeeaaaallllyyyy hard anon. rrreeeeaaaaallllyyy haaarrrrrd

>> No.13204646

>>13204623
Not only that, but do it right below in resistance, all in one go....buying at shorty prices during a massive short squeeze

Cui bono

>> No.13204652

If you had 40 billion dollars wouldn't it be funny to control an entire emerging asset class?

>> No.13204655

>>13204645
But not too hard, don't want you to hurt yourself.

>> No.13204656

>>13204623
It's not a person. It's institutional OTC that can get a good price for fulfilling large buy orders.

>> No.13204657

banks cant directly hold assets
so some third party is buying crypto for them to hold
it was news months ago this would happen in april but ta fags cant handle facts

>> No.13204659

>>13204646
Shitty*

Honestly does Arthur have 100mil in cash to dump into a massive buy? I doubt he’d tI have a feeling this was someone or something bigger

>> No.13204670

because bitcoin is the only real money outside of gold, and what good is gold in a digital world? we've only had bitcoin for 10 years. bitcoin has been around for over 1/3rd of the total lifetime of the internet. as the internet gets even more mature, bitcoin will have effectively been around for its entire lifetime.

>> No.13204673

>>13204657
This anon gets it.

>> No.13204674

>>13204659
Doubt he’d take the risk* or risk 100mil for like a 10 mil gain for himself.

Again I think this was a bank or some shadier entity than even Arthur, getting some air in the pockets for the trip down

>> No.13204675

>>13204623
Some dumb rich guy who fell for the Bitcoin Ponzi.

>> No.13204680

>>13204623
How many other investments will easily allow you to double 100mil in a year or less?

>> No.13204684

>>13204657
Source on this?

>> No.13204713
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13204713

>>13204623
Do we even have a name for the man tgat purchased these coins.

>> No.13204742
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13204742

>>13204713

>> No.13204803

>>13204742
Based boy Simenem