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/biz/ - Business & Finance

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57382899 No.57382899 [Reply] [Original]

According to Justin Verrengia, Arabia Saudi and Qatar govs planning a huge Bitcoin investment, which could be announced next week 1 million BTC. This move would instasend BTC over $500k.

The analyst stated that the two governments may be looking to acquire around one million BTC using their sovereign weight funds. In comparison, the wallet address of Satoshi Nakamoto, Bitcoin’s anonymous creator, holds around 1.1 million Bitcoins.

>> No.57382904
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57382904

Based. Commies will rope.

>> No.57382906

Source; my ass hair told my nutsack

>> No.57382910
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57382910

>>57382899
Doesn't matter, they'll buy OTC, 10k is programmed in kek baggie

>> No.57382912
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57382912

>>57382899
Why does this shit always happen when I'm broke?

>> No.57382928

>>57382904
Every ARK etf is down like 75% and somehow people still take this idiot seriously

>> No.57382943

and then it dumps down to $50k because there’s no more money coming in after they buy

>> No.57382996

>>57382899
Kek. Poor mumus will inject the lowest street-grade copium they can find. So desperate. You're becoming unhinged. Just accept your fate.

>> No.57383013

>>57382943
The bullrun hasn't even started. Trust me the narrative this time will be governments just like it was institutions last time.

>> No.57383058
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57383058

>>57382899
>mfw the saudis are actually bidding

>> No.57383066
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57383066

Inshallah, number go up

>> No.57383069
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57383069

>>57382904
I want to rub my frenulum on this schizo-baba's lips.

>> No.57383077

>>57382899
ah yes, the legendary OTC trades that somehow move the market
just like grayscale and blackrock right

btw the captcha are getting worse and worse i'm considering never fucking posting on this shit website ever again

>> No.57383140

>>57383077
its gonna be hard doing otc deals of that quantity at current fair market price
after they go shopping around and yes the whales mostly do communicate it will be known and whales will go on a seller strike as that will make them way more money

>> No.57384407

>>57382899
>the wallet address of Satoshi Nakamoto, Bitcoin’s anonymous creator, holds around 1.1 million Bitcoins.
That's as good as non-existent. Even if he is not dead, and still has the wallet, he will never be able to cash out, nor use it to pay for something, since it'd be tracked back to him instantly by all kinds of people and organizations. Btc is NOT secure nor anonymous.