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Author Topic: Apple is buying Bitcoin  (Read 753 times)
bitbollo
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February 14, 2021, 07:31:32 AM
 #61

@adaseb with so many fees this is for sure not a good way for any type of real-world usage.
and it's likewise the same problem with all merchants of bitcoin credit cards.
but there are also other crypto currencies and stable coins so maybe it can be possible have an advantage while using these others currencies... and having an hot wallet  will grant some "swap" or internal "exchange" in the future (maybe).

For sure Apple has enough economic power to launch a new crypto service.
I will not surprised if they will invest directly in this technology, not only with classic investment but with some popular new applications. This will be the real big news!

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February 14, 2021, 08:44:29 AM
 #62

I would be moderately surprised if Apple bought into BTC directly, it seems completely contrary to their corporate ethos.  They seem to follow a highly centralised, highly controlled approach that is just not aligned with Bitcoin.  I can imagine some sort of controlled access to BTC via Apple Pay similar to the PayPal setup but it won't be "real" bitcoin ownership.

That might change.

Tesla already bought Bitcoin and there are rumours about Apple and Amazon following the move of Tesla. It is still a rumour so I am not expecting that they will actually do it still, with the current demand, I think they will reconsider especially Amazon. In terms of Apple, I don't think they will be following the steps of Paypal if they actually take that step. It will be more like them accepting Bitcoin to their products.
If you are an investor, you will forget that thing. Just focus on bitcoin price movement so you will get a profit from it. The mass adoption has came, we don't need to doubt which company who will accept bitcoin anymore, they will accept it eventually. Our efforts to support bitcoin became a future technology that will be used by most people is coming so we have to create another target from it, I myself will focus on buying bitcoin as much as I can. I'm happy that I still here until now and I must happy as well when bitcoin has a high price. Remember this quote, by the rumor and sell the news, that will help you earn money from bitcoin.

I can't "forget" that and as an investor, you should know that.

There is no way that investors would miss that information because it could give you information and add to your analysis about a certain movement that will happen. If they invested, that would be a huge pump that will happen, that also means that we need to reinvest, if we can. These things could fruit into your profit so you don't need to "forget" this news.
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February 14, 2021, 12:55:52 PM
 #63

Quote
If the firm decides to enter into the crypto exchange business, we think the firm could immediately gain market share and disrupt the industry," RBC said, adding that it could help the US become a leader in crypto over the next 10 to 20 years.

This statement alone taken from the article presents a hypothetical situation IF Apple were to enter the crypto exchange business. There is no finality yet which is very misleading on the title of your thread, OP.

In case the tech-giant does indeed, enter into the crypto space, then this may start other people and businesses to enter into the realm of cryptocurrencies. This is just the tip of the iceberg and the possibilities are endless.

R


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February 14, 2021, 10:55:07 PM
 #64

I don’t think there was ever a confirmation of Apple buying bitcoin although a lot are speculating because Resla has bought a huge lump sum amount of bitcoin the past week. But who knows maybe they will or maybe they won’t, we just have to keep on waiting and see what happens in the next few months if which company buys bitcoin again.
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February 14, 2021, 11:24:49 PM
 #65

I don’t think there was ever a confirmation of Apple buying bitcoin although a lot are speculating because Resla has bought a huge lump sum amount of bitcoin the past week. But who knows maybe they will or maybe they won’t, we just have to keep on waiting and see what happens in the next few months if which company buys bitcoin again.
Negative, the article that OP had share is misleading, we can't find any from apple, it all just saying and speculation what will happen if apple also accumulating Bitcoin. Well, the door is open for apple, they will come someday especially when they saw huge potentials over Bitcoin and if they will invest in crypto, it's a fueling matter we will see to the market. Not sure about 25%, it can be higher or lower than that.

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February 15, 2021, 08:21:44 PM
 #66

This statement alone taken from the article presents a hypothetical situation IF Apple were to enter the crypto exchange business. There is no finality yet which is very misleading on the title of your thread, OP.

In case the tech-giant does indeed, enter into the crypto space, then this may start other people and businesses to enter into the realm of cryptocurrencies. This is just the tip of the iceberg and the possibilities are endless.
So this news is not 100% real, even with that, Apple company cant denies that Bitcoin technology is the future technology, and sooner or later i believe apple also will join the crypto community. And as you say "giant company join in crypto space will attract more people to join"
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February 16, 2021, 05:45:58 AM
 #67

I mean the Warren Buffett who has made more than $1 billion from investing.

Just remember, he didn't get rich by gambling on common shares bought through stockbrokers.

He got rich by buying controlling interests in companies, restructuring them, and returning them to profitability.

Agreed hehe. He did not get rich by gambling on speculative investments. However, I was not talking about him as a person or how he made his wealth. I was talking about his investment experience and his advice that we should be fearful when others are greedy and greedy when others are fearful.

This is good investment advice. If you do not agree with this, that is your opinion.

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February 16, 2021, 06:04:07 AM
 #68

So this news is not 100% real, even with that, Apple company cant denies that Bitcoin technology is the future technology, and sooner or later i believe apple also will join the crypto community. And as you say "giant company join in crypto space will attract more people to join"

That's the rumour and it's spreading into crytpo space. But Bitpay Card add supports for Apple pay in USA which is great sign that Apple might enter into crypto space sooner or later. If that happen, more tech gaint might adopt crypto for their services or invest into bitcoin like Tesla did.

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February 16, 2021, 03:07:44 PM
 #69

So this news is not 100% real, even with that, Apple company cant denies that Bitcoin technology is the future technology, and sooner or later i believe apple also will join the crypto community. And as you say "giant company join in crypto space will attract more people to join"
That's the rumour and it's spreading into crytpo space. But Bitpay Card add supports for Apple pay in USA which is great sign that Apple might enter into crypto space sooner or later. If that happen, more tech gaint might adopt crypto for their services or invest into bitcoin like Tesla did.
Honestly bitpay adding apple pay is nothing compared to apple buying bitcoins.
This is twofold situation that impacts bitcoin a lot and that is very important for our future as well.

One of them is people want apple to buy bitcoin in order to say to rest of the world that "even apple owns bitcoin now" to  show how safe and great bitcoin investments could be and that is very important for us, it is a credibility issue and the bigger companies that buys bitcoin the more credibility bitcoin investments have and that allows safer and easier investment towards bitcoin.

Secondly and very importantly we are in a situation where even a billion dollars bitcoin invested starts a huge rally and increases the price insanely high, not only because it was bought but because that purchase triggers others to buy as well and creates a snowball effect.

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February 16, 2021, 10:14:32 PM
 #70

So this news is not 100% real, even with that, Apple company cant denies that Bitcoin technology is the future technology, and sooner or later i believe apple also will join the crypto community. And as you say "giant company join in crypto space will attract more people to join"

That's the rumour and it's spreading into crytpo space. But Bitpay Card add supports for Apple pay in USA which is great sign that Apple might enter into crypto space sooner or later. If that happen, more tech gaint might adopt crypto for their services or invest into bitcoin like Tesla did.
I think sooner no later, If apple company does not enter the crypto world I believe that this company will aftermost. Now the future of a company is that accept cryptocurrency as a payment method, so the company has no choice except to join the crypto world. Crypto is Future
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February 16, 2021, 10:38:54 PM
 #71

If it is true that Apple plans to buy Bitcoin this is a good thing, because with Tesla it has already bought Bitcoin. Apple should have followed
in the footsteps of Tesla, I'm sure seeing the extraordinary performance of Bitcoin, will make Apple interested in investing in Bitcoin.
Hopefully it will come true that Apple is buying Bitcoin, so it can make the Bitcoin price even higher.

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February 17, 2021, 09:10:42 AM
 #72

If it is true that Apple plans to buy Bitcoin this is a good thing, because with Tesla it has already bought Bitcoin. Apple should have followed
in the footsteps of Tesla, I'm sure seeing the extraordinary performance of Bitcoin, will make Apple interested in investing in Bitcoin.
Hopefully it will come true that Apple is buying Bitcoin, so it can make the Bitcoin price even higher.


It is not clear from the article that Apple will be investing in Bitcoin. The author simply comes up with a title that will attract the attention of readers.
Of course, this would be great news for the entire cryptocurrency market, and it is possible that it will happen someday. However, I think we have to wait some time for that.

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February 17, 2021, 09:59:23 AM
 #73

If it is true that Apple plans to buy Bitcoin this is a good thing, because with Tesla it has already bought Bitcoin. Apple should have followed
in the footsteps of Tesla, I'm sure seeing the extraordinary performance of Bitcoin, will make Apple interested in investing in Bitcoin.
Hopefully it will come true that Apple is buying Bitcoin, so it can make the Bitcoin price even higher.


It is not clear from the article that Apple will be investing in Bitcoin. The author simply comes up with a title that will attract the attention of readers.
Of course, this would be great news for the entire cryptocurrency market, and it is possible that it will happen someday. However, I think we have to wait some time for that.
True or not, the possibility of Apple to invest for bitcoin is high that's because of their capacity to deal with finances. The scenario they seen with bitcoin particular on its usability on different purpose is there, so nowadays people is more aware about cashless payment. Bitcoin can be their mode of payment in the future, and they'll able to generate more potential profit aside from using fiat currency.
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February 17, 2021, 10:52:41 AM
 #74

If it is true that Apple plans to buy Bitcoin this is a good thing, because with Tesla it has already bought Bitcoin. Apple should have followed
in the footsteps of Tesla, I'm sure seeing the extraordinary performance of Bitcoin, will make Apple interested in investing in Bitcoin.
Hopefully it will come true that Apple is buying Bitcoin, so it can make the Bitcoin price even higher.


It is not clear from the article that Apple will be investing in Bitcoin. The author simply comes up with a title that will attract the attention of readers.
Of course, this would be great news for the entire cryptocurrency market, and it is possible that it will happen someday. However, I think we have to wait some time for that.
True or not, the possibility of Apple to invest for bitcoin is high that's because of their capacity to deal with finances. The scenario they seen with bitcoin particular on its usability on different purpose is there, so nowadays people is more aware about cashless payment. Bitcoin can be their mode of payment in the future, and they'll able to generate more potential profit aside from using fiat currency.

This is what we should focus on more than just investing in Bitcoin. After all, Tesla and Apple are not investment companies. In my opinion, it is the acceptance of cryptocurrencies as a form of payments that will have a much greater impact on the cryptocurrency market than just the information about the investment.

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tygeade
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February 19, 2021, 04:27:30 PM
 #75

I do not know how true this could be, but if it turns out to be true, I can promise you that it will have a bigger impact on other people's money going in then apple actually going in. What I mean is that apple would go in and impact the price for sure, not like they would go in with a million dollars, they are going to get in with a lot of money, in billions, and that will of course increase the price of bitcoin for sure without a doubt.

However I believe the amount of money people will put into bitcoin because apple bought it will be bigger than what Apple put in themselves, which is why I think it is going to be actually a big change for sure, and the impact of people will be bigger than impact of apple. So, we should wait for Apple to actually buy, and if you see it and you are early, you could actually buy it right away and you will still be profiting.

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February 19, 2021, 05:33:17 PM
 #76

ALL of the major companies, especially Fortune 50/100, will eventually have some Bitcoin on their balance sheets.

It's not a matter of if, only a matter of when.
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February 19, 2021, 11:48:13 PM
 #77

News are coming that Apple is going to buy cryptocurrency.

Apple can surge another 25% by adding cryptocurrency services to its Wallet app, RBC says :
https://www.businessinsider.in/stock-market/news/apple-can-surge-another-25-by-adding-cryptocurrency-services-to-its-wallet-app-rbc-says/articleshow/80757342.cms
2021 is indeed a shocking year for cryptocurrencies, before Tesla entered and invested in Bitcoin,
and now Apple will also invest in bitcoin, it's amazing to see fomo keep happening, just like 2017,
after fomo there will be terrible fud , be careful.

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February 19, 2021, 11:54:11 PM
 #78

News are coming that Apple is going to buy cryptocurrency.

Apple can surge another 25% by adding cryptocurrency services to its Wallet app, RBC says :
https://www.businessinsider.in/stock-market/news/apple-can-surge-another-25-by-adding-cryptocurrency-services-to-its-wallet-app-rbc-says/articleshow/80757342.cms
2021 is indeed a shocking year for cryptocurrencies, before Tesla entered and invested in Bitcoin,
and now Apple will also invest in bitcoin, it's amazing to see fomo keep happening, just like 2017,
after fomo there will be terrible fud , be careful.

If more top companies will be investing in bitcoin, some of these small companies will follow thru. And that will give a good foundation for the price of bitcoin. It may correct, but will not be that hard. But for those who will buy now and very fresh in crypto, be very careful as your small funds may increase or decrease in a very short period of time. Ask yourself, what is your goal in going into crypto? Long term or short term? Because if it is short term, would be hard to attain your targets, unless you are not aiming for high profits.
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February 21, 2021, 12:33:37 PM
 #79

Apple has its own unique system of payments and they paid alot of money to get it working and own it outright I believe.   I read a story about two now very rich Irish twins who invented the backend for the Apple pay system.   It'd be good for someone to double check that, I could just be remembering wrongly but I doubt Apple is wanting to now use crypto instead especially.   Elon Musk is a pretty unique figure in the world, nobody quite like him and I like him but there's not many like this guy and in such control to make such a large leap on such a scale also.
   250k is the final price target for every major company to hold 10% of spare cash in crypto, thats the figure I just heard from ARK head strategist apparently.   I do imagine we take longer then this to advance this much but Im always too neutral tbh

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February 21, 2021, 11:29:46 PM
 #80

Could this bitcoin price increase be related to a purchase by Apple? We do not know, but it is an option, perhaps Apple, Paypal, among others should handle privileged information, is that why they are trusting Bitcoin? perhaps now they have realized the impressive value of the cryptocurrency. If they are buying, they should announce it, if this happens the price is likely to make another big pump.

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