Bitcoin (BTC) can crash hard, but not so hard that it ends up costing $0 — because one man is going to buy all of it. In tweets on July 9, entrepreneur and outspoken Bitcoin bull Alistair Milne revealed that he had placed an order for 18.52 million BTC ($174 billion) — more than the current supply — on exchange Bitfinex. Milne: I’m buying all the Bitcoin at 1 cent In what appears to be more a tongue-in-cheek gesture than concern that Bitcoin is in for a major fall, Milne uploaded a screenshot of the Bitfinex orderbook. “I hereby confirm …
Bitcoin (BTC) investor Alistair Milne was eventually forced to send Bitcoin instead of a $2,600 gold bar as part of his recent giveaway. Following a giveaway announcement on Sept. 19, Milne has revealed the winner as well as other giveaway details in a thread on Twitter on Oct. 22. Giveaway background As originally envisaged, Milne should have given away a $2,600 Denarium Bitcoin Decennium 2019 as part of the giveaway with the winner expected to be announced on Oct. 19. In the giveaway announcement launch, the entrepreneur specified that in order to be eligible, participants should follow Milne’s Twitter and …
The next cryptocurrency bull run will decide which public blockchains become the defining names of the industry, United Kingdom-based investor and entrepreneur Alistair Milne predicted in a Twitter thread Jan. 19. Milne, who is well known on Twitter in particular as a source of bullish statements about Bitcoin (BTC), said that any new price highs for the largest cryptocurrency should surpass those of 2017. “The probability that Bitcoin matches its ATH [all-time high] price again and doesn't then continue past it seems very low. Each wave of adoption is an order of magnitude bigger than the last,” he wrote in …
A French graffiti artist has hidden $1000 in Bitcoin in his latest project, he confirmed in a blog post Jan. 6. Pascal Boyart, who last year embedded a Bitcoin (BTC) wallet QR code in his work to earn passive income, said he opted for the “treasure hunt” approach to celebrate the tenth anniversary of the Bitcoin genesis block Jan. 3. The Bitcoin is contained somewhere in the wall mural “La liberté guidant le peuple 2019,” itself based on Eugene Delacroix’s famous painting as a symbol of the French Revolution. The location of the mural is a secret, and anyone can …
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. This week has not been too bright for the price of Bitcoin and other major cryptocurrencies, as the markets turned red. The price of Bitcoin started falling from around $7,600 to a low of just over $6,500 at press time. Although this fall is not as dramatic as some others in the history of the volatile cryptocurrency, the general sentiment around the market has been negative for most of 2018. Still, Bitcoin is a …
As is always the case in markets and investment, not everyone is looking to go with the grain. There is an emerging bear market looking to bet on a Bitcoin bust in the hopes of shorting the market, but this could be a positive move for the digital currency. There are alternatives to simply buying into Bitcoin, such as banking on derivatives, and alternatives in order to short the market, but soon people will be able to bank on it all going bust. Bitcoin futures While nothing is official yet, there is talk coming out of places like The Chicago …