Thiel’s fund wound down 8-year bitcoin bet before market crash

Discussion in 'Crypto Assets' started by Pekelo, Jan 19, 2023.

  1. Pekelo

    Pekelo

    The Matt Damon ads were the no brainer part. When NFTs caught on, that was the fire alarm to SELL!!
     
    #21     Jan 19, 2023
  2. johnarb

    johnarb

    Peter Thiel fund has sold all(?) their bitcoins and crypto assets and the price of bitcoin currently is still over $20k

    A true Bitcoiner would be happy at this news

    In fact, a lot of rich people would see this as positive for the bitcoin asset

    The biggest growth in Bitcoin addresses during this crypto winter were the ones holding 0.1 - 10 btc

    Prolly nothing...
     
    #22     Jan 19, 2023
    NoahA and semperfrosty like this.
  3. Interesting data.Thanks.
     
    #23     Jan 19, 2023
    johnarb likes this.
  4. Specterx

    Specterx

    In other words, SV billionaire insider Peter Thiel was cashing out as small-time bagholders were rushing in.

    Some things never change.
     
    #24     Jan 19, 2023
    swinging tick likes this.
  5. johnarb

    johnarb

    Decentralization is very important to Bitcoin

    Bitcoiners would rather have 5 billion people owning most of the bitcoins, people from Brazil, Dubai, South Korea, Indonesia, Vietnam, El Salvador, Turkey, Lebanon, countries in Africa, and on and on

    This is better than concentrated ownership of bitcoins by huge investment funds like Blackrock and the likes of Wall Street like they do now in the US Equities and bond market

    You would never understand...
     
    #25     Jan 19, 2023
    NoahA, Axon and semperfrosty like this.
  6. hahaha dont get them started!:D
     
    #26     Jan 19, 2023
    johnarb likes this.
  7. johnarb

    johnarb

    So, Thiel Fund sold last year March 2022 and they are only letting that info go out now?

    Last week, there was a $5 Billion buyer of bitcoin we still don't know who it is but it is

    Yesterday some huge announcement from DOJ, OFAC, and other US agencies to.... shutdown Bitzladao, who what??

    All these bad news, eh?

    ET haterz hook line and sinker

    If you don't know who the sucker is... well, let's just say Peter is your buddy and got your back, lmao
     
    #27     Jan 19, 2023
  8. The $5 Billion was a wash sale between Putin and Free Willy. I thought Virtusa was the head sniveling queef but you’re right there with her.
     
    #28     Jan 19, 2023
  9. johnarb

    johnarb

    No exchange would be as dumb as you would violate sanctions and allow Putin or Russian billionaires to trade, it is not possible, shithead

    This is very good, though, BWAHAHAHAHAHAHAHA
     
    #29     Jan 19, 2023
  10. ETJ

    ETJ