Whales Go Shopping with Bitcoin, and It’s a Big Deal
The Bitcoin world is abuzz —literally. Whales, those large collective investors that make big moves in the crypto space, have been going on a spending spree lately, causing the current spike in Bitcoin outflows.
Why Should We Care About the Bitcoin Outflows?
Basically, it’s a big deal when whales start to move their Bitcoin because it means major changes in the market — usually for the better. When whales start buying up large amounts, it tells us that there’s a lot of faith in the future of Bitcoin.
Whales Behaving Badly
The whales have been misbehaving a bit lately, gambling in the Bitcoin market with massive amounts of coins and moving them around like a game. But, hey, when you’re a big fish, you can do pretty much what you want, right?
What Can We Learn From the Whale’s Shopping Spree?
If the Bitcoin whales are confidently shopping around, it’s a great sign for the future of Bitcoin. Sure, it may seem a bit frivolous, but it goes to show that investors have faith in the cryptocurrency.
Plus, it’s pretty entertaining to watch.
Are you Ready to Shop with Your Bitcoin?
If you’ve got some Bitcoin, why not join in the fun and start shopping with it? Here’s a list of things you can buy with Bitcoin:
- Travel: Book a flight or hotel room with Expedia, CheapAir, or Destinia
- Gift Cards: Shop with Gyft and buy Amazon and iTunes gift cards
- Food: Order pizza or sushi from PizzaforCoins.com and AllSushi.io
- Clothes: Buy clothes and accessories with Overstock and Purse.io
So grab your coin wallet, and let’s go shopping with a whale!
