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Paypal and large companies buying large amounts.
by bufferoverflow 6y ago
Paypal and large companies buying large amounts.
- arcticbull 6y agolol the narrative of “institutional buying” has been beaten to death for about 5 years now, time to let it go. It’s a drop in the bucket compared to the manipulative buying. Square bought $50mm of Bitcoin. Tether prints $2B fake dollars per month.
- kneel 6y agohttps://bitcointreasuries.org/ https://bitcointreasuries.org/
- arcticbull 6y agoThose are very small numbers. Square’s $50m makes it third on the list.
- kneel 6y ago14 billion is very small numbers. sure
- arcticbull 6y agoThese aren’t institutional buyers. Its a few bucket shops and square. On the list square is the only one dumb enough to put their own money on the line, the rest are just holding an aggregate pile of other people’s poor life choices.