Bitcoin Whales Are the Smart Money. Don’t Be the Dumb Money

2019-6-2 13:53

By CCN: Owners of “whale wallets” scooped up 450,000 BTC as the bitcoin market hit bear-market lows in late 2018.  It appears whales now control 25% of all BTC. Is this good or bad for bitcoin? Whales are smart money These private, non-institutional buyers decided an 85 percent decline was a buying opportunity.

The market sent BTC prices higher. Now they hold bitcoin, hoping to exploit the law of supply and demand. By hoarding coins, liquidity dries up, theoretically forcing prices higher. Been here before This is the same tactic used by DeBeers, the UK-based diamond cartel to control prices in the

The post Bitcoin Whales Are the Smart Money. Don’t Be the Dumb Money appeared first on CCN

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Bitcoin (BTC) на Currencies.ru

$ 67100.43 (+0.03%)
Объем 24H $16.187b
Изменеия 24h: 0.35 %, 7d: 0.67 %
Cегодня L: $67005.55 - H: $67416.48
Капитализация $1342.788b Rank 1
Цена в час новости $ 7715.66 (769.67%)

bitcoin money whales btc prices smart control

bitcoin money → Результатов: 126


Фото:

Bitcoin Money Flow and Futures Volume Signals Intense Volatility is Imminent

Bitcoin’s futures market is seeing surging aggregated open interest as the crypto finds itself caught within a bout of lackluster trading This coincides with the crypto seeing a decline in money flow The confluence of these factors suggests that BTC is gearing up for a big movement Bitcoin’s price action seen in recent times hasn’t been too exciting.

2020-4-22 02:00


Multi-Million Bitcoin ATM Scheme Exposes Holes in EU’s Money Laundering Net

Spain’s Guardia Civil (Civil Guard) police unit has indicated that current rules in Europe are inadequate with regards to discouraging the use of Bitcoin ATMs to launder money. According to Bloomberg, this deficiency results from the fact that the owners of the Bitcoin ATMs are not required by the strict AML regulations to vet users […] The post Multi-Million Bitcoin ATM Scheme Exposes Holes in EU’s Money Laundering Net appeared first on CCN Markets

2019-7-14 08:51


Multi-Million Bitcoin ATM Scheme Exposes Holes in EU's Money Laundering Net

Spain’s Guardia Civil (Civil Guard) police unit has indicated that current rules in Europe are inadequate with regards to discouraging the use of Bitcoin ATMs to launder money. According to Bloomberg, this deficiency results from the fact that the owners of the Bitcoin ATMs are not required by the strict AML regulations to vet users […] The post Multi-Million Bitcoin ATM Scheme Exposes Holes in EU's Money Laundering Net appeared first on CCN Markets

2019-7-13 08:51


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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


The Great Debate Of Bitcoin’s Fate: Can BTC Crypto Asset Be Considered Money Or Not?

Can Bitcoin Be Considered Money Or Not? The cryptocurrency enthusiasts and blogger, Beautyon has published a new blog post in which he explains why it is absurd to consider Bitcoin (BTC) as money. He said that Bitcoin represents an “unprecedented paradigm shift” and that it is not possible to understand the full potential of this […]

2019-4-4 20:00