The thing I liked the most about this is is that he said:
I bought Bitcoin for the first time ten days ago.
Which, in my opinion, might reveal an iteration. So he might have bought more bitcoin since his initial investment or is planning to buy more in the future.
Unlike Dorsey, who has said he is purchasing $10,000 a week, Faber hasn't revealed how much he has purchased - could be anything from a hundred dollars to a million dollars. It would be interesting to know, but I doubt he'll reveal it.
I don't really think he's going to reveal it. He has never been very open when it comes to his fortune in general. We don't even know how much this guy is worth. So as you said his investment could range from just a couple bitcoin to a couple thousand, who knows.
$10k a week! I thought I recall him saying the only Bitcoin he ever had was the one sent to him for fun, I guess I just haven't caught up with the times these days. I'm not sure how I'll ever feel about all these guys. Splashing cash around like that:P Good for us I guess, but way, way better for them.
You've definitely been missing out since he's turned into a big
bitcoin advocate in the meantime. He's a respected billionaire and is not very different from us to be fair, so I don't really mind him at all. He sees value and wants to invest, despite the fact that $10k is probably peanuts for him. But then again, I would do the same if I was in his position and had that kind of money.
They are coming.
Bullish.
Oh boy are they coming.
Never been bearish. Still Bullish.