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10 Billion Dollar Bitcoin Buy, WTF Is This For Real?

Posted on March 29, 2022March 23, 2022 By Kelly Donner 52 Comments on 10 Billion Dollar Bitcoin Buy, WTF Is This For Real?

10 billion dollar Bitcoin buy, major Bitcoin price catalyst and crypto news!
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Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

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Comments (52) on “10 Billion Dollar Bitcoin Buy, WTF Is This For Real?”

  1. Lark Davis says:
    March 21, 2022 at 11:04 pm

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    1. T Accntb says:
      March 21, 2022 at 11:45 pm

      Tera == TRX Don’t be a sucker…

  2. OldPa Sink says:
    March 21, 2022 at 11:16 pm

    Protocols with an interest in supporting the price of BTC announcing they will support the price of BTC…sounds familiar. The next thing you know the US will take steps to prop up the dollar.

    1. T Accntb says:
      March 21, 2022 at 11:48 pm

      Do is the next Justin Sun and we know how they went…

    2. RawStarMon says:
      March 22, 2022 at 3:37 am

      Where else should he put his money,if not in the greatest asset that have ever been created in the history of man ?

  3. Verociity says:
    March 21, 2022 at 11:17 pm

    Terra is buying everything, even Lark’s glasses

    1. Jim Gilhooly says:
      March 22, 2022 at 9:56 am

      Laser surgery or contact lenses? I say the latter

    2. 21 million reasons says:
      March 22, 2022 at 10:10 am

      ๐Ÿคฃ๐Ÿ˜‚๐Ÿคฃ

    3. Kurt Andersson says:
      March 22, 2022 at 6:55 pm

      His alter ego Lark Kent.

    4. Jordan Z says:
      March 23, 2022 at 1:19 am

      This made me laugh lol

    5. Melissa Pereira says:
      March 23, 2022 at 5:44 am

      Lol. Imagine of inflation disappeared as quick too? ๐Ÿ˜ƒ

  4. Jayyy Zeee says:
    March 21, 2022 at 11:23 pm

    One entity buying 1.2% of BTC’s market cap is massive! Love that buying pressure!

  5. Only Money says:
    March 21, 2022 at 11:32 pm

    The exponential increase in price when there isnโ€™t enough bitcoin to buy is going to be unbelievable. You can see it happening in front of us.

    1. Freedom Isdead says:
      March 22, 2022 at 3:16 am

      Where???? The whole crypto market is bleeding for about 5 months, nothing is pumping higher than previous high, we are constantly marking lower highs.

    2. Aneil says:
      March 22, 2022 at 4:53 am

      Agree , I think we going to get to a point where there is going to be a supply shock and we will then get a parabolic run.

    3. Paul Vercoe says:
      March 22, 2022 at 7:27 am

      Agreed

    4. Aaron565 says:
      March 22, 2022 at 11:52 am

      shitcoin companies outright buying btc tells you a lot. doesnt fully apply here but still

    5. Aaron Palko says:
      March 22, 2022 at 11:34 pm

      Not thinking thatโ€™ll ever happen so long as centralized exchanges are considered acceptable, though.. really doesnโ€™t matter right now if they have or donโ€™t have what they say they do.

  6. datractor says:
    March 21, 2022 at 11:47 pm

    Do Kwon is a modern day genius and doesn’t get the credit he deserves. We will look back on this one day and smile

  7. Matthew Rankin says:
    March 21, 2022 at 11:52 pm

    love the terra buying Ill keep getting in now. we are still early would love one more 40% drop.

    lark sold some crypto and got corrective eye surgery ๐Ÿ˜ณ

    1. *Shankar * says:
      March 22, 2022 at 12:09 am

      You mean LUNA?

    2. Kate Hall says:
      March 22, 2022 at 12:18 am

      Or maybe he’s wearing contacts lol

    3. Simon Simo says:
      March 22, 2022 at 1:44 am

      maybe he is just not seeing anything

    4. gr8ragu says:
      March 22, 2022 at 4:19 pm

      Maybe it’s no one’s business?

  8. Shane M says:
    March 21, 2022 at 11:54 pm

    Do Kwon is a genius. Undoubtedly, decentralized stablecoins are the future and Terra is in a league of their own

    1. Ambot says:
      March 22, 2022 at 12:49 am

      Djed coming soon.

    2. Shane Moffatt says:
      March 22, 2022 at 5:44 am

      (insert spiderman meme with us pointing at each other)

  9. GOD says:
    March 21, 2022 at 11:59 pm

    Btw 10B is 1.25% of the current market cap of BTC, this is INSANE!

    1. RawStarMon says:
      March 22, 2022 at 3:21 am

      He will easily become the richest man in the world,owning both terra/luna and BTC.

    2. J G says:
      March 22, 2022 at 9:28 am

      But it’s not 1.25% of liquid on exchange BTC. A lot is in cold storage, so $10B has a greater effect than actual dollar for dollar Market Cap increase.

    3. Aaron565 says:
      March 22, 2022 at 11:52 am

      shitcoin companies outright buying btc tells you a lot. doesnt fully apply here but still

    4. GOD says:
      March 22, 2022 at 7:41 pm

      At first I was like :

      ”Wtf is this guy saying Luna is a Shitcoin?”

      But then, you said it dosen’t apply.

      So, do you know some spider make some ally with frogs to protect their eggs?

      It’s not related to the topic here but still

  10. MrHarrilasagna says:
    March 22, 2022 at 12:29 am

    Resistance Land ๐Ÿ™ƒ Just like when Bitcoin was 5k, 10k, and 20k. We’re not going to see these prices forever. Soon enough, Bitcoin will never be this low again.

    1. Zen Ellwood says:
      March 22, 2022 at 3:06 am

      Bitcoin is already lower than when you posted your comment. This pump on the back of 10 billion lasts a couple of hours… will be interesting to see what happens to price when thre buying actually occurs…

  11. Abe Joel #VENTURE INVESTOR says:
    March 22, 2022 at 1:10 am

    Both Russia and Ukraine have already declared BTC a legal tender. Malaysia, Honduras and Mexico are next and some US states are gearing up for the race to adopt BTC.

    1. DOLCEVITA SPAIN says:
      March 22, 2022 at 2:07 am

      Declared legal as far as I know.
      Not legal tender.

    2. Jeff Burg says:
      March 22, 2022 at 8:33 am

      Not legal tender. Only El Salvador has it as legal tender

    3. Lps Candy says:
      March 22, 2022 at 11:14 pm

      Honduras will make it soon

  12. supercollider says:
    March 22, 2022 at 1:48 am

    Absolutely incredibble move from Terra.
    I’m lovin it. ๐ŸŒบ

  13. Simon Giessler says:
    March 22, 2022 at 2:26 am

    “Lark, your not bullish enough!” ๐Ÿ™‚ Loving it. Keep it up Lark!

  14. NPO XRP ๐Ÿ‡ฌ๐Ÿ‡ง says:
    March 22, 2022 at 6:15 am

    10 minutes after $luna bought $125M of BTC another buyer snapped up 500BTC. Hopefully this will be the start of institutional buying and ideally the start of Alt season. Thanks for the video Lark

  15. Lucas Miracca says:
    March 22, 2022 at 6:36 am

    Sooo many good news recently. And none of the bad news lasts long enough to become reality which is super exciting. Very glad I decided to increase my position in the beginning of this accumulation period. Partly thanks to your great content showing the perspective the media wonโ€™t show.

    On a side note, i like the hair, looks good. Great week ahead for you man!

  16. Robert William says:
    March 22, 2022 at 6:53 am

    While bitcoin’s wild

  17. Sanjay Goel says:
    March 22, 2022 at 8:01 am

    Thanks Lark for the amazing Technical and Fundamental analysis !!

  18. Earnst says:
    March 22, 2022 at 10:01 am

    Honduras is rumoured to be the next country. As a half-Honduran, this makes me extremely proud. The country deserves and very much needs this forward thinking approach to its economy.

  19. Joan Sharma says:
    March 22, 2022 at 12:19 pm

    Only buy BTC and ETH and stake stablecoins for a yield. Everything else will rob you blind in crypto most of the time.

    1. Joshua Esbrand says:
      March 22, 2022 at 12:21 pm

      I’d say this would be one of the last few crypto bearish markets we are going to experience. If you missed the 2017, 2021 bull run this your last chance to get in and make yourself wealthy in the future. My two cents.

    2. Burton James says:
      March 22, 2022 at 12:21 pm

      This is where people need to understand itโ€™s actually time to be bullish because everyone else is bearish, things were said by Powell but nothing was done. Bitcoin has been in a bear market since December. However nothing goes down in a straight line. The bear markets tease bull we will see a retrace to 50- 55k then a big fall from there, and do you know what everyone will be saying at that time? Bitcoin to 100k no it will fall to 30k then capitulate down for a year maybe 20k anyway Altseason will begin on that last Bitcoin fall. The chart right now is literally the exact same as 2018 donโ€™t be fooled by talk.

    3. YINGLI XIE says:
      March 22, 2022 at 12:22 pm

      How can someone who is just starting out navigate the crypto space? I don’t have the heart to see the bulk of my portfolio go from green to red.

    4. Armand Capodanno says:
      March 22, 2022 at 12:23 pm

      I’d say invest in good projects after DYOR, Dollar cost average instead of going all in at once so as to give you a good value for your money. Also i’d recommend seeking a proven pundit who will guide, and show you the ropes if you are just starting out. “Brenda Gay Mclean” check her out she has been around for a while.

    5. Dustin Nguyen says:
      March 22, 2022 at 12:24 pm

      A good habit to get into when the market turns this volatile is to buy on red days and if you want to reposition sell on green days. Timing the market is a fools errand. Don’t sell off for the sake of selling to try to time the bottom… thats gambling with taxes there to slap you in the face on top of it. Think long term and keep it real!

  20. KingsRight says:
    March 22, 2022 at 9:45 pm

    you’re going to find that all countries will one day have 10+ coins as “legal tender”. i can assure you bitcoin, litecoin, decred, cardano & nexus will all be “legal tender” in most countries.

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