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Author Topic: Ruffer scores $750 Million profit from Bitcoin  (Read 218 times)
zanezane
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June 10, 2021, 06:41:16 AM
 #21

Good for them that they are able to make a profit by investing in bitcoin, doesn't matter that they are a company that have interest in line, they still believed in bitcoin. Now to all the doubters or second guessers out there, imagine you are ruffer but on a really smaller scale.

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June 10, 2021, 07:00:09 AM
 #22

Good for them that they are able to make a profit by investing in bitcoin, doesn't matter that they are a company that have interest in line, they still believed in bitcoin. Now to all the doubters or second guessers out there, imagine you are ruffer but on a really smaller scale.

The positive thing with the news of companies that make big profits from Bitcoin, this news will spread and make other companies who doubt
Bitcoin become aware and can immediately join investing in Bitcoin. Of course we all have to congratulate those who believed in Bitcoin and
managed to profit from investing in Bitcoin. I am very happy if more companies can make profit from Bitcoin, because this will make Bitcoin
look good in the eyes of many people.

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Lucius
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June 10, 2021, 02:22:23 PM
 #23

I do understand devastating effects of bitcoin mining...

The devastating effects are only the invention of those who oppose the idea of Bitcoin, and the ignorance of the so-called journalists who write such articles because they are paid for it. At least 50% of all energy used for mining comes from renewable energy sources, and if we want to solve the problem of those who destroy the world with their activities, then we should start from the top, not the bottom.

At the end of the day we all do the same but with a much smaller capital, isn't the whole point for many people just to make profit?

For the vast majority, profit comes first, and the future of Bitcoin is a side issue - of course, until profit is made. Most people have too much fear of the authorities to accept something that is trying to oppose the system. That is why they see BTC only as a tool for profit, and they will use it until someone tells them that it is no longer desirable.

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