BILZERIAN AND BITCOIN: SECOND TIME LUCKY?
The outspoken gambler and internet personality, dubbed Buzzfeed’s “most popular man of Instagram” and whose net worth is over $100 million, hinted he was preparing to buy back into the market in a tweet April 22.
Bilzerian is the latest voice to lend weight to the theory that Bitcoin prices have returned to an upward trend after almost six months of losses following December 2017’s all-time highs.
As Bitcoinist reported, Sunday saw prices hold just below $9000 to cap the first consecutive two-week gains for BTC/USD since the $20,000 levels.
Bilzerian, himself something of a veteran by crypto adoption standards, publicly announced in May last year he had conducted mass purchases of Bitcoin, describing his disbelief at the success of his “shitload” of coins.
“It’s so crazy watching that shit fu**ing go up, too, it’s like sweating like I made a bet on the Super Bowl or something,” he said in a video at the time.
Later, he disclosed his current holdings were allegedly composed of 50% Bitcoin, 25% Ether, 15% Monero and 10% Bitcoin Cash.