and with the latest news that we got the price surged when Thiel bought.
People act like he bought very recently, which isn't true. He managed to enter the market at levels far below current ones, so it basically means that he is somewhat 'bragging' about him having done well with his investment.
I am sure that if things didn't go well, that he would just silently accept having made a bad investment without anyone ever finding out. From there it would have more value if he actually bought at current levels.
If the market actually got boosted by that, then those who are responsible for that are just stupid. You don't buy into news or announcements, and especially not when you can move markets, it's that simple.
I have read some articles that it's true and confirmed, if you don't buy on those type of news or announcements and you are too skeptic about those positive news then it's you but with these type of news that is bringing hope and happiness to the bitcoin holders. I'm not buying with FUDs but when it comes to these positive things then I'm buying on it as long as it is true and confirmed.