Bitcoin Forum

In my own case, i hold Bitcoin and Ethereum which are my favorite because of their potentials to maximize profit when the bull run  start. There are some other coins in my possession which are:
NEO
BCH

So? What importance does this news have? How can you be so sure he isn't lying?
Regardless who Jack is, if people got excited and market pump just because news like this (without any real adoption), then this market is not mature at all. Quite ironic when there is news about Bitcoin ATM get opened or more merchants use LN or accept Bitcoin, the excitement is not as high as this one.

Jack is the CEO of Twitter and has 4 million followers, many of whom probably don't know a lot about bitcoin. Consider it good publicity

He's also the CEO of Square (which owns The Cash App) and has investments in companies that develop crypto protocols, so it's actually pretty cool that we get to know that he's a firm supporter of btc (whatever his motives may be)

Someone people are bitcoin die hard fan they prefer to own Btc only ,I don't blame them I personally own bitcoin and Ethereum but yet I have huge portfolio of altcoins ,if you have the money I don't see a reason why you won't include altcoins in your wallet

It is hard to own a new token other than what it is already in the market. You spend your time and effort for how many months but after that some of the new token they dump it it. Your effort and time just wasted. I go for ether and bitcoint they are already tested by time.

you are just new, otherwise when you hang around for long enough you can see that what you just explained is a pretty common occurrence in the altcoin market. they keep creating these shitcoins, pump them for a while and then they die.
ETH is not an exception either, it is just a bigger version of the same pump and dump coins. even if you don't agree with me on that you have no way but agreeing that a coin with unlimited supply can not rise in the long run so investing in it is not wise at all.

He posted this few days ago; Jack is a known bullish to bitcoin so he's tweeting his opinions in favor of bitcoin. He also said that there will be a native internet currency in the future but he don't know if its bitcoin but after looking at the replies of the tweet posted of OP.
He said this (https://twitter.com/jack/status/1092920168060088320).

Social media, especially Twitter, have begun to draw more serious discussions than many forums, "This forum and Reddit." It's good to promote support for someone like you.
Many speculators who prefer to diversify their investments are HODLing Bitcoin, only speculators who risk in those shitcoins.

I expect there will be a competitive cryptocurrency VS Bitcoin. Perhaps GRIN or other "Ether has lost its attractiveness."

With the below explanation on who he is, the co founder and CEO of Twitter, which is a really powerful media at this junction, these means a lot in fact, he is always bullish on bitcoin and recently in a podcast with Joe Rogan he was talking about bitcoin and only bitcoin and none of the replicas and the rest of the coins filled in the market. The market is not pumping because of this reason, there might be other reason like the increase in hash rate and so on.

Ok. He is Jack Dorsey co-founder and CEO of Twitter.

So him commenting about bitcoin is a welcoming news. There are even reports that he wants bitcoin to be the 'single currency' of internet so don't be surprised. What makes it specially though is because of his status. I'm sure lot of people will count this as a net positive for bitcoin and every bitcoin maximalist or purist are happy hearing this from Jack himself.

Smart guy! Jack Dorsey believe in BTC only, not shit coins!

okay it's quite interesting to discuss it here, I think not only the founding jack of Twitter there might be other founders who are also the same as him for example Google, Facebook or others, so whether that would make the value of Bitcoin better, so I will wait for others to say that's in 2020

Jack Dorsey has been a known bitcoin bull for a time now, and I don't think it's something quite unusual to say the least. What's good about him is that he doesn't shill out for bitcoins and let the markets decide for itself, though I think he'd love to chime in and engage in discussions regarding cryptocurrencies and bitcoin on his founded platform, twitter.


I agree. It seems like more and more serious topics have started to deviate from the common hubs of discussions that people have been using for years. Just goes to show that bitcoin isn't just confined into a few places right now and we're still growing day by day.

why are you waiting for them to say whether they have bitcoin or not? are you incapable of making your own decisions when it comes to bitcoin that you need some hyped up event to let you know what to do next!
it is pretty simple, you either see some potential in bitcoin and buy or you don't and you stay away. you shouldn't just wait for other people to do something so you can follow ;)

There are many ways to diversify your investments

And one way is to short these shitcoins (as long as we can). So while we are at it, I'm interested whether having Bitcoin Cash shorts would count as an investment in that coin? Technically, it would be correct to consider such an investment an anti-investment of sorts since you are essentially betting on the coin's downfall, not so much on its rise

But as there is not such term, we should be cautious when someone mentions they have certain investments in shitcoins. It looks like we should ask of what type or kind these investments are (e.g. longs or shorts), so as not to be fooled into making erroneous assumptions

Some of them did, and they will never tell you.

Jack even tested/experimenting lightning https://twitter.com/jack/status/1092892320842706944

Well, it's good that the founder of Twitter has at leat the king of cryptocurrencies, which means he is not among people who think that it's all scam. Testing lightning network is also pretty cool of him. We have influential people who at least have some crypto just in case. If there were more of them, it could help the market climb up, since the demand would grow. However, the post itself doesn't add much to the discussion, since the author didn't express his/her opinion on what impact it has on the market or what was the point one was trying to make with this post.

He is smart, he knows that most of the currencies out there are junk so no need for a busy man to waste time on figuring out which ones are good and which are worthless. Us normal people have time to research and invest in ethereum, litecoin, and more

Haha damn, i don't even got half of that...

BTC, in my opinion, is a great investment! Love it!

Because bitcoin is a stronger and more reliable coin. Buying altcoins has now become dangerous. If you do not have the proper knowledge, you can lose money by investing in altcoins. I think if a person has a lot of money he does not need to bother about other crypto. Enough investment in bitcoin.

If he was clever, he would diversify this investment to other altcoins ("Do not put all eggs in one basket."). Bitcoin will certainly be a king for a long time in this market, but other altcoins also have great potential. We could see this yesterday watching a rapid increase in the Litecoin price.

I say it's no coincidence that a highly successful engineer only holds Bitcoin and not any other crypto, he most likely understands that Bitcoin is a highly robust software, while alts are just snake oil cashgrabs. And it's nice to see that he tried Lightning Network, even many veteran members of Bitcoin community haven't tried it yet.

Maybe he think bitcoin is safe investment. Because risk in altcoin is bigger especially if BTC dumped again, altcoin can followed it.  At least that is what i think when i not invest in altcoin. Only BTC and altcoin that i pick only ETH.

Holding bitcoins is good but i don't think  that Jack publicity of his owned bitcoin can help to push up the bitcoind market value. It will be good if Jack can influence and attract people all over the world to keep bitcoin and patronize it to help the demand increase together it's value.

I don't want to reveal what I own, but still this post reminds me that I should have most of my portfolio in Bitcoin and not in an altcoin. :) Still a solid altcoin with big potential will most probably overpass Bitcoin in terms of gains when we enter the bull market so you guys might wanna take that into account.

Bitcoin is good for long-term holding (compared to altcoins, obviously)

But that doesn't mean we should not use altcoins as we should understand that Jack is not a speculator (read, he doesn't spend all his time looking at the charts). So while his opinion matters a lot, we should nevertheless take into account that it is not universally applicable. In this way, if you are a trader, discarding the profit potential of altcoins (whether the profits come through shorts or longs) doesn't seem like a very wise idea

I understand that Jack has four million followers on Twitter, so it should have big influence on people. What effect that could have on the market is questionable but surely is a good advertisement for bitcoin.
In my opinion, it should be more safe to invest in Bitcoin than in any altcoin. It is the strongest one, the coin with greatest support of the community. They all can collapse in the future but looking from this position, alts have more chances for that than bitcoin.

And this is what I'm telling folks here

A bear market is a good time to reshuffle your portfolio as everything goes downhill including worthy assets. Besides, this market reveals it quite conspicuously which assets are good ones and which are not so good. We see that Bitcoin is still the reining king of cryptocurrencies and no altcoin comes close to dethrone it (Bitcoin Cash, Ethereum, or any other altcoin or shitcoin)

On the other hand, Litecoin, for example, has clearly shown that it is definitely not going to kick the bucket any time soon and end up as many other Bitcoin competitors. In this manner, the winners in this "race for survival" are easy to spot and choose from. So what are you waiting for?

Jack is holding the right coin cause bitcoin as the mother coin still remains the most profitable coin to hold, for me personally I hold bitcoin and some other tokens but my most credible among all is bitcoin.

It's true I'm holding two coins now this time BTC and BCH.But Bitcoin I've been holding a long time ago when its value was $8000.in fact I'm still focusing more on Bitcoin.
Forget it bitcoin prices will increase at any time.So in my opinion Jack has taken a good step.so it can give us more benefits with the future.

He ironically had a pretty good podcast with Joe Rogan all about this topic. It's worth the listen if you have the spare time.
I think about 30 minutes in it starts focusing on bitcoin/crypto twitter. <http://podcasts.joerogan.net/podcasts/jack-dorsey>
It got me a little excited as i've been following the square/bitcoin stuff for quite awhile now.

It's not clear what you mean, because many people have Bitcoin but they do not want to disclose that they have Bitcoin to say more about it, but you do not have to say anything more about it, but if you want to give an important message then mention it.

Well first of all congrads to the founder of Tweeter to give BTC a endorsement like this.
I am not sure how honest this man is since I do not know him personally but maybe he is just a BTC shill.
How do we know he does not have other coins?   I thought it is that if you have a lot of money you own more then just BTC.

This is not not new, Jack Dorsey is known as a supporter or advocate of Bitcoin and recently he's been consistently saying good things about it. But I'm just wondering, what if Bitcoin started a bull run again and he made huge profit from it, would he still be saying this things about Bitcoin or he will be just like other influenced people that used their popularity and spread good things about Bitcoin (which is a good thing lol) to earn huge profit from cryptocurrency then started saying bad things about it after earning millions of dollars from it and benefit from it, then started to buy again when investors got scared of FUD they spread. I would like to see an influenced person that really believes on the technology not just another one that wants to make money from it.

So, Jack is involved in bitcoin like a forever supporter! I did not know about it, because a couple of months ago, Twitter wanted to ban crypto ads and a lot of crypto supporting twitter accounts got suspended! So, I thought Jack doesn't like cryptocurrency!

In that tweet, Ales Gladstein quote a tweet where he wrote, " Bitcoin also matters for freedom and human rights :) " the tweet link is here, https://twitter.com/gladstein/status/1092965942626156545

So, by a single tweet from them, many people will join in the crypto industry! And, We need more famous people in crypto to make crypto familiar with everyone.

Do people really think this tweet will start the next bull run?
Its been a positive week so far so maybe there is a correlation between the tweet and bull run we are in.

Maybe he hasn't discovered or never gives time to study how other coins are working and  if you are really into cryptocurrency you should at least a holder of the top 3 coins in the market, I'm surprised he is not compiling a portfolio of good coins if he is really a cryptocurrency investor

lots of funny comments when the Crypto Twitter asks him, do you see what he said when someone asks, jack are you interested in Bitcoin cash he answered Hell No ;D
everyone knows jack is very interested in bitcoin and seems he want to learn about LNtrustchain

I'm just hoping this isn't yet another one of those times where some celebrity says something positive about Bitcoin and everyone makes a big deal out of it, because they think it'll help with price/adoption/whatever.  Then the celebrity says/does something stupid and everyone suddenly pretends it was never a big deal and moves onto the next celebrity who said something positive. 

Well obviously, a lot of people are just invested in bitcoin not because its their favorite, its because bitcoin is the only crypto they know and to be honest, its the only crypto that offers a high investment i mean a lot of people who did not know about bitcoin only invested in it recently in late 2017 where its price went through the roof and it was hitting every media and everyone and their dog wanted a peace of the cake but they were only met with disappointment when its price went down after that, and their only choice was to just hold because if they sell it they will be losing hard.

Yeah, I think it's a wise choice. there are still many famous people besides Jack who choose to hold only Bitcoin. And I also just want to buy and hold Bitcoin. True, Bitcoin is the best choice for long-term investment.
So, why are there still people who are hesitant to buy Bitcoin ? Yeah, I think that person doesn't understand about Bitcoin.
Yeah, buy now or you will regret it!

I was the only one who realized this:

https://i.imgur.com/kxMD6l9.png

 ;D

leaving a joke aside, bitcoin is already have big popularity, it just needs a big campaign that makes governments aware of regulating that market in a way that is very good for governments and for people. We need to get back to having bitcoin debit card, we have to use the banks without fear of blocking our accounts because we are using cryptos.

This is savage, lol  :D.

Actually there are people who tend to trust in to things when famous individuals started to use or endorse it, that's the world works since the beginning I assume so there's no problem with that. Lucky to those who chose to explore first as they got their rewards and imitating someones action is fine.

that is the result of a whole year of advertisement telling people to "hold their shitcoins and shittokens and have patience". eventually a great number of people started to think that they have to keep on holding shitcoins because bitcoin is rising in long term then they also must do the same!
that is also why we have so many online portfolio managers and lots of apps for pc and android for the same false mentality which is going to go away by the first half of 2019 as majority of these tokens are going to be purged and join their counterparts in the altcoin graveyard.

Majority has got bitcoin and ethereum as an asset for long holding while other tokens were used into trading. Though more and more assets with better use cases were into existence it hasn't gained the trust of common people which is the must with cryptocurrency. To reach the level of bitcoin and ethereum it requires a long time as the network competence have increased a lot than the past days.

we already know that but the op is only pertaining to one guy in which the guy only have a bitcoin's but does not have/hold a token or an altcoin   .  idk who is jack but i see that he is a controversial person . still , i dont care if he isnt a fan of other crypto  coins but i salute him because he support's the best crypto .

And which are those assets, really?

I'm extremely interested in learning about such assets, so could you name a few? Other than Bitcoin (and Litecoin, I have to admit), I don't know any cryptocurrency in particular or a cryptoasset in general (though I don't know what the latter could be apart from a token) which would count as one "with better use cases". All use cases we have seen so far amounted to speculation in the end. But I would be happy to admit being wrong here

Hope beyond all hope, my friend. This was/is still trending on Twitter/Reddit, judging from what I'm being shown, and any follow up guaranteed thousands of upvotes/likes.

Not that I'm cynical or a hater or anything like that, but I'm more excited when my regular service provider tells me I can pay in bitcoin, then in some rich guy claiming he's into Bitcoin. He's really trying to be popular too even getting on LN. Power to Jack, but preferably, power to the people!

Ohhhhhhh the name jack doesn't really mean something to me when I first read the thread but now I know. I don't really care what he is holding but to those who believe the guy, it should be a big thing as its like endorsing the coin. Did this news come as a storm like being published on forbes magazine?