Two different major investment groups trying to buy 20 - 25% of total bitcoin market

ackza (72)in #share2steem • 5 years ago

The effect of just one bank trying to buy 0.1% or even 0.01% of all bitcoin can pump the price massively, so when someone tries to buy 20% and someone else is also trying to buy 25% there is no way for bitcoin to go down, its only a question of how high it will go. One thing is for sure, its definitely not over valued

Story about grayscale buying in

And heres the story of the other group buying in https://www.chepicap.com/en/news/10121/art-dealer-helps-billionaire-buy-up-to-25-of-the-bitcoin-market-.html

And the Forbes article referenced in the above post which gives it more clout and let's people take it more seriously

forbes.com/sites/billybambrough/2019/05/30/how-billionaires-are-buying-up-bitcoin/#7075d3b5208c

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