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Author Topic: Bitcoin Holding in Companies  (Read 658 times)
doomloop
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February 18, 2021, 05:18:06 PM
 #61

I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
Yep, things are really changing , and over the years they found it hard to believe that Bitcoin and cryptocurrencies are the next level of investment. They have thought it was just another bubble that was going to crash once and for all, but they are surprised that it has continued for years now and all of them now wants to get on it before it’s very late for them.

If you check this year there has been so many companies coming out to say that they have invested in Bitcoin, and so many celebrities are now buying it , though some are public about it, I believe there will be so many of them who might own and just keep it a private.

Clement Kaliyar
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February 18, 2021, 09:29:56 PM
 #62

Yep, things are really changing , and over the years they found it hard to believe that Bitcoin and cryptocurrencies are the next level of investment. They have thought it was just another bubble that was going to crash once and for all, but they are surprised that it has continued for years now and all of them now wants to get on it before it’s very late for them.
In the past it was a trend to trash bitcoin in major media by the wall street investors and bankers while they were investing in it and they just want to create a narrative to make some headlines and they achieved that easily.

If you check this year there has been so many companies coming out to say that they have invested in Bitcoin, and so many celebrities are now buying it , though some are public about it, I believe there will be so many of them who might own and just keep it a private.
There are many institutional investors investing heavily for a long time and now some are public knowledge and there are many billionaires who might be holding a fortune in cryptocurrencies but they wont be revealing them.
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February 19, 2021, 03:54:31 PM
 #63

Happy to see organizations are additionally included and taking an interest in cryptographic.
I don't really know about those companies, but I think it's a great step for the growth of cryptocurrencies.

I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
It took years for them to realize that crypto currency is not a scam and that happened because with time people did the efforts and actually understand the mechanism of Bitcoins and how it works which then helped them gain confidence and start investing. Almost after 10-12 years of Bitcoins coming into existence, people have been able to understand Bitcoins and yet not fully which makes me feel what kind of brain Satoshi had who developed it back then and even today we are discovering something new about Bitcoins and every time it just comes out even more robust.

I don't care much if big investors put their money into the market or not because while it has some positives, it also has a lot of negatives like the manipulation of market could again start which after so many years looked like stopped after whales emptied their wallets into the market.

kawetsriyanto
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February 19, 2021, 09:55:21 PM
 #64

snip~
It should be updated because now, tesla also becomes one of the companies holding Bitcoin in high amount and this also makes the price of Bitcoin itself increasing some moemnt ago.
Grayscale is of course also becomes a point in this case because this is a big company and they give also big influence t the crypto world.

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February 23, 2021, 03:26:02 PM
 #65

After the test law investment, the price of bitcoin is not going to stop.Now the price is crossed 54,750$.When the demand of coin had increased, their will be rise in the price of bitcoin also.It's seems to reach 60k$ by this month.
The mass adoption we always used to dream has actually happened and it is aided by the investments big companies are now doing now which is being headlined by Tesla and Microstrategy mainly. Somewhat concerning are these big investments to me because no doubt they are helping price to reach new highs almost every week but this also means the price can fall inexplicably too once they start selling the coins they hold.

It should be updated because now, tesla also becomes one of the companies holding Bitcoin in high amount and this also makes the price of Bitcoin itself increasing some moemnt ago.
Tesla is not just helping Bitcoin but other cryptos like doge coin are also being pumped by Elon Musk. I have a feeling that Elon Musk or Tesla has more bitcoins than Musk pretends to own. We never know how much who owns because they might have 1 Bitcoin each stored in 10k addresses and never get noticed in the rich list.

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February 23, 2021, 03:51:21 PM
 #66

Do not focus too much on Elon Musk's words rather follow what he does with his own money, that is where to find the real honey.
Were you people expecting to go parabolic only on the way up? It is natural and physiological to have this ups and downs; you do not have to trust my words but go look for yourselves when zooming out any bitcoin chart (better on a log scale).
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