Wow.. thanks to Alistair Milne..

In a tweet on 9 July, an outspoken entrepreneur and bull Bitcoin Alistair Milne revealed that he ordered more than current supply of 18.25 million BTC ($174 billion) on the Bitfinex exchange.

Thanks to Alistair Milne, a large order of 18.52 million BTC on Bitfinex will prevent Bitcoin from dropping to $0.

Rather than fearing that Bitcoin will fall significantly, what appears to be more than an implicit move, Milne uploaded a screenshot of the Bitbinex order book.

Aside from the extraordinary possibility that network incentives won't let Bitcoin go down to near zero, cryptocurrencies aren't unattended.

As Cointelegraph reports, Peter Schiff's gold bug remains among those who believe that Bitcoin will eventually fall while gold wins.

What do you think?

Source:

Bitcoin Price Will Now Never Officially Go to Zero — Here's Why

### [Vote for us to be a witness](https://hivesigner.com/sign/account-witness-vote?witness=puncakbukit&approve=1) - every vote counts. * Go to page [Witness Voting](https://wallet.hive.blog/~witnesses). * Scroll down to the bottom. * Input "**puncakbukit**" in the textbox below. * Click VOTE button. ![](https://steemitimages.com/DQmV9wz2fSzqkBsoby9rAgSjG2GZYGMcLLmNv231ive214j/image.png) * We will follow you… ;-) * [My Witness Update](https://hive.blog/witness-category/@puncakbukit/my-witness-update-senin-2-januari-2018) See also: * [Hive Quran ver 1.0: Search Al-Quran On Hive](https://hive.blog/hive-148441/@puncakbukit/hive-quran-ver-1-0-search-al-quran-on-hive) * [Ever Wonder What Is Your Post's Ranking? New Service: "@puncakbukit guess"](https://hive.blog/hive-148441/@puncakbukit/ever-wonder-what-is-your-post-s-ranking-new-service-puncakbukit-guess) * [Bergabung Di Jejak Kurasi Kami | キュレーショントレイルに参加しよう | Join Our Curation Trail](https://hive.blog/hive-194119/@puncakbukit/4vxpvg-bergabung-di-jejak-kurasi-kami-or-or-join-our-curation-trail) * [Pi Network - Crypto Pertama Yang Dapat Ditambang Di Ponsel](https://hive.blog/pi/@puncakbukit/pi-network-crypto-pertama-yang-dapat-ditambang-di-ponsel) * [Piネットワーク — スマートフォンでマイニングできる最初の暗号通貨](https://hive.blog/pinetwork/@puncakbukit/pi) * [Seri Steemit Puncak Bukit](https://hive.blog/steemit/@puncakbukit/seri-steemit-puncak-bukit-23-juni-2019)

Topics