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Effect of Stanley Morgan investment on bitcoin

  • Thread starter Thread starter ahmedo24
  • Start date Start date
This is a good news for the Bitcoin investors. This can increase the level of demand for the Bitcoin in the marketplace and drive the price higher.
 
ahmedo24 said:
Whales posses significant amount of a coin and as such they affect the market with the volume of the coin they have. Stanley Morgan is a big company.
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I get your point but I once read in a trading source that a whale cannot control the whole market without either creating FUD or Fomo into traders mind that's why I said they use both technical and fundamental analysis...
 
Jokingly, crypto is becoming a common means of payment and investment now. In 2010, who would have thought that Bitcoin would blow like this and other crypto coins are following the lead. With this kind of new everyday, l wonder what will become of it in the next 10 years.
 
Chizfab said:
Jokingly, crypto is becoming a common means of payment and investment now. In 2010, who would have thought that Bitcoin would blow like this and other crypto coins are following the lead. With this kind of new everyday, l wonder what will become of it in the next 10 years.
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Honestly , lot of people and companies that even crictisize bitcoin are the ones using bitcoin and other cryptocurrencies the most at the moment.
 
Wether they invest or not, I believe the Bitcoin market will continue in it's direction. Their decision to invest would not affect the market in any way to my perspective though
 
That's a very good information, i think it is good for someone to save money and wait for them to invest then he buy because it will really be good time to make profit.
 
It does not really matter what sharks do with crypto currency at a particular time what matters is what would happen again after action will people panic or buy more
 
It is a good news for Bitcoin traders as this will boost the market.
Hopefully other big companies will follow these steps
 
I think they are taking a good decision that most businesses and companies have refused to take. Cryptocurrency is the future of money.
 
If they are really interested to invest in bitcoins then we should expect that the price of bitcoins will actually shoots to a new high level which is that will make the price of bitcoins to reach 100,000 dollars soon
 
That would be a great move in the Bitcoin price and would possibly be a huge investment for the company as well because in the next few years their investment may bring bigger profit
 
I was very sad that this news did not later turn out to be true but then I still think it will be very healthy for the market if top influential people begin to announce they are going in.
 
Sure, I think this might affect the market in some way. However, I think the investment firm won't invest all their money and also before a big firm like that invests in bitcoin, best be sure they are privy to some insider information.
 
Like every other Major investment that has taken place in the past before, I believe this one would also affect the crypto world in a positive light, not Bitcoin alone but also other coins as well, I heard most coins follow Bitcoin, how true is this?
 
it will probably not be the first big company that invests in Bitcoin. There have been wide range acceptability of Bitcoin by billion dollar companies around the world. that didn't really determine if there will be a bull run because the decline of Bitcoin started around December.
 
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