Sentences with phrase «early bitcoin buyers»
Early Bitcoin buyers have become millionaires, but investing in Bitcoin and its ilk today could put you at risk of being sucked into a pyramid scheme, Oliver warns.
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Trades made in early - January saw buyers place long - term foundational bets on the price of bitcoin.
«The only buyers in these token sales seem to be overly - enthusiastic early Bitcoin and Ether holders who feel like they are playing with house money, and have no basis for determining the value of these project or how much money they will need,» added Scher.
And when emotional sellers meet technical buyers — as was the case for Bitcoin Cash in October and early November 2017 — the trend is likely to pivot from negative to positive.
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Speaking to CoinDesk, Silbert did not reveal many more details about the buyer, mentioning only that the individual was an early bitcoin adopter based in the US.
Earlier this month, BitPay chief commercial officer (CCO) Sonny Singh was approached by a real estate buyer based in California who wished to purchase a $ 4 mln house solely using Bitcoin.