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Author Topic: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5  (Read 7732 times)

Offline mlawson71

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Re: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
« Reply #15 on: September 02, 2020, 05:09:52 PM »
People have been using cryptos to transfer large sums for a while now. Chinese citizens, despite the ban in China, have transferred nearly $50 billion for the past year out pf the country using cryptos. It's impressive.

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Re: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
« Reply #15 on: September 02, 2020, 05:09:52 PM »

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Offline Babbar Baswa

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Re: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
« Reply #16 on: September 04, 2020, 01:08:32 AM »
Sure FATF will be looking into it. People/ Companies doing such Huge transfers make Governments suspicious about origins and end use of Crypto-Currency, Which in turn is limiting number of people using them

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Re: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
« Reply #16 on: September 04, 2020, 01:08:32 AM »

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Offline ayatoslaw

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Re: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
« Reply #17 on: September 04, 2020, 02:13:56 AM »
People have been using cryptos to transfer large sums for a while now. Chinese citizens, despite the ban in China, have transferred nearly $50 billion for the past year out pf the country using cryptos. It's impressive.
Even though the state prohibits cryptocurrency, sooner or later those who understand cryptocurrency will use it, because the speed and transaction fees are very concerned, especially sending large amounts of money.
it is only a matter of time for the big countries to use cryptocurrency as a means of payment.

aiviaa485

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Re: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
« Reply #18 on: September 05, 2020, 08:33:24 PM »
I think this transaction fee is the result of the Bitcoin miner's mistake and it usually ends up being charged again with a real fee for each Bitcoin transaction.
But this fee is fixed so I think it is an advantage for the owner of the Bitcoin and this is something extraordinary.

This is a shock to the owner of tens of thousands of Bitcoin and this is the case of Bitcoin transactions that I just heard from the cryptocurrency market.

Offline TERMINO

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Re: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
« Reply #19 on: September 09, 2020, 01:34:13 PM »
it's fine! let as many people as possible learn about the possibilities of bitcoin and its benefits
Not fine. Recently, cryptocurrency enthusiast suffered from high gas fee in ethereum even in small amount to transact. In terms of Bitcoin, there is an equivalent payment for every transaction depends in how many Bitcoin you transfer. What was happened seems related to Bitcoin manipulators.
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Offline Salman Hasan

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Re: Someone Transferred a Billion Dollars in Bitcoin for Less Than $5
« Reply #20 on: September 15, 2020, 08:43:03 AM »
Exactly, I agree! stock market seems overvalued. The protesting is going to hinder reopening and be a catalyst for the spread of the virus. Timing the market is extremely difficult if even possible. Crypto investment right now will be at every wise individual's list. In two to three years you'll be ecstatic with the decision you made today.

 

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