Quote from: Kemarit on May 06, 2017, 01:36:23 PM

I was wondering why many millionaires and billionaires now are coming out and claiming they have big investments behind bitcoin and other crypto-currency? First they was Mike Novogratz now Chamath Palihapitiya? Are they hyping the already "hype" market? When the price of bitcoin was below $1000 you will not see anyone coming out telling I have millions in bitcoin as investment? I guess, those individual who has a lot of money is really intelligent when it comes to investment, and they saw the bitcoin is a safe haven for them to invest to for the longer term.

Maybe they used to have bitcoins before, but they did not brag about it. And now, when the price is high, they proudly declare it.
This means that bitcoin is becoming more popular among millionaires