Rumour time!
Source: https://twitter.com/twobitidiot/status/417769054326108160
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TIL that a major US hedge fund investor will announce a significant position in #bitcoin within the next several days. Happy New Year!
Source: https://twitter.com/twobitidiot/status/417769054326108160
More details here:
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The investment firm has apparently raised even more money than SecondMarket's Bitcoin Invesment Trust. I'll repost with details and firm names once the full story is pieced together.
if someone buys a Significant amount of bitcoin all within a couple days, will that make the price dip or spike?
I read in another post someone saying that it would cause the price to spike but that doesn't make sense to me. Someone buying a lot would cause the price to spike, that's logical, right?