Post
Topic
Board Bitcoin Discussion
Re: Richest Saudi's Prince Statement
by
Pantum
on 25/10/2017, 17:36:38 UTC
.....
They are natural bitcoin enemy - so of course, they would say that BTC is 'not good' or it is a fraud or a bubble, what else can they say?

A lot of those type people prattle off one thing in public.

In private they are buying bitcoin.

ironically true. Who knows this may be his strategy so people would start selling then tge price would goes down rapidly and buys then later on to take on his advantage especially because he has a lot of money on his pocket

This is sooo true. Back in August when China government claimed to ban the BTC, you could see a lot of chinese people buying BTC even at 20k CNY (around $3020 USD) on LocalBitcoins.com, go now and check what price do they sell TODAY those BTC on the same web. Cheapest is at 37666 CNY ($5660+ USD). They are making ridiculous amounts of money due to that.