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Author Topic: Which other company will support Bitcoin next?  (Read 589 times)
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April 23, 2021, 06:16:51 PM
Merited by The Cryptovator (3)
 #1

Several companies have joined the Bitcoin/Blockchain bandwagon, leading towards new ATHs (All-Time-High) for major crypto assets on the market. Both PayPal and Tesla's announcement of adopting Bitcoin, has brought a certain level of confidence among investors and traders alike. People are pouring money like crazy in crypto, as they don't want to miss out the opportunity of a lifetime to make huge streams of profit.

Now that we have several prominent companies supporting Bitcoin, I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance. Smiley

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April 23, 2021, 06:34:21 PM
 #2

I'm starting to wonder which company will be next?
Maybe you want to check out the thread below.

Topic: List of stuff you can use bitcoin for.

It looks like the above thread was very helpful for finding companies that support Bitcoin.

R


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April 23, 2021, 06:43:49 PM
 #3

I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance. Smiley
The most interesting point in your topic a question about centralization. We know Bitcoin is a decentralized cryptocurrency, but if a major part of Bitcoin accumulates by all the centralized organizations then we will face a problem. Because due to holding a major part of the Bitcoin they will able to manipulate the Bitcoin market as they want. I know if one or all of these companies invest in Bitcoin then the price would record a new ATH and also it would be a massive adaption. But most probably it would drive to centralization as you said. Rather than accumulate a huge amount, if they accept Bitcoin for payment, then it would be massive and long time adaption forever until they accept.

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April 23, 2021, 06:50:57 PM
 #4

Some companies that have accepted bitcoin need time to do research on the use of bitcoin that will be applied to their company. For example, Tesla has adopted Bitcoin payments. This provides an opportunity for crypto users to buy Tesla Cars using Bitcoin.

some other large companies may still be doing research on cryptocurrency, especially Bitcoin. Because currently Bitcoin is a very popular asset with very good development. Maybe Apple, Walmart, Amazon or some other big company has plans to adopt bitcoin. just a matter of time. Bitcoin is becoming a more revolutionary future payment alternative.

R


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April 23, 2021, 11:06:57 PM
 #5

There will be a breeze in the market which will result in a positive outcome for all of us. Whether it will take some time or have an immediate effect, such contributions would be just as the same as Tesla and PayPal's announcement.

And I think their model to follow for companies who have acquired earlier, one of it will be Grayscale and Square. So if Apple and Amazon and even Microsoft goes back on it, that's a sign that will be rushing to get as much as they can.

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April 24, 2021, 06:00:49 AM
 #6

Bitcoin is increasingly popular and developed. It's great if Amazon, Apple, Microsoft approved Bitcoin and watching Bitcoin as a legitimate method as Tesla did. I think the market will be very exciting. When companies that adequate Bitcoin, Bitcoin will be widely applied and will be a common method and investment channel in the future.

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April 24, 2021, 06:14:54 AM
 #7

Bitcoin is increasingly popular and developed. It's great if Amazon, Apple, Microsoft approved Bitcoin and watching Bitcoin as a legitimate method as Tesla did. I think the market will be very exciting. When companies that adequate Bitcoin, Bitcoin will be widely applied and will be a common method and investment channel in the future.
The market turns exciting for some time period, after that one by one try to hold the maximum possible. This will make the majority of the bitcoin holdings under the mentioned big players of the market. This will ruin the decentralized feature, and the same will make the market easy manipulative. When market is centralized and highly manipulative we can't see the market to be exciting as now.

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April 24, 2021, 06:19:57 AM
 #8

Maybe retail and eCommerce will be the big ones that will support bitcoin because most big tech companies are leaning on making their own cryptocurrency like Facebook on their Libra project. Hopefully that will be the case but I could be wrong and tech companies will adopt first.

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April 24, 2021, 06:34:16 AM
Last edit: April 27, 2021, 02:37:52 PM by mprep
 #9

I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance. Smiley
The most interesting point in your topic a question about centralization. We know Bitcoin is a decentralized cryptocurrency, but if a major part of Bitcoin accumulates by all the centralized organizations then we will face a problem. Because due to holding a major part of the Bitcoin they will able to manipulate the Bitcoin market as they want. I know if one or all of these companies invest in Bitcoin then the price would record a new ATH and also it would be a massive adaption. But most probably it would drive to centralization as you said. Rather than accumulate a huge amount, if they accept Bitcoin for payment, then it would be massive and long time adaption forever until they accept.

It's already here now, its called TBTF - TOO BIG TO FAIL, once any financial instrument is a critical part of the retirement system, and/or cop-fireman pension system, then the FED will bail out every loss.

We're here now,

The irony of course is that BITCOIN Satoshi mythological narrative was that BTC was going to free us from FIAT and the system, the reality is that BITCOIN is just same-same with 100% absolute tracking, and loss of privacy.

Go figure, ahh but you all going to get rich on virtual paper.

Starting in the Fall of 2000 during the COVID spending spree, it was decided by Institutions that BITCOIN was the place to park your cash, thus $350B of new money flowed into BITCOIN raising the price from $10k to $63k, now with a 20% pullback, its not like the real 'money market', its more like a casino ( which reality thinkers already knew )

The institutions are frantic to find places to park cash that isn't theres, all the new money that came into BTC was either OPM, or borrowed (Musk)

There is no doubt at this point in time that FED covers both BTC-ETF's, and BTC itself, given IRS control's COINBASE.



Bitcoin is increasingly popular and developed. It's great if Amazon, Apple, Microsoft approved Bitcoin and watching Bitcoin as a legitimate method as Tesla did. I think the market will be very exciting. When companies that adequate Bitcoin, Bitcoin will be widely applied and will be a common method and investment channel in the future.
The market turns exciting for some time period, after that one by one try to hold the maximum possible. This will make the majority of the bitcoin holdings under the mentioned big players of the market. This will ruin the decentralized feature, and the same will make the market easy manipulative. When market is centralized and highly manipulative we can't see the market to be exciting as now.

As soon as BTC futures came to be, and now BTC-ETF's all was lost, just like GLD controlling the price of GOLD

The system now controls BITCOIN pricing, they can do as they wish, 'fractional reserve bitcoin' is here, they can sell 100x btc , or buy up to them

They can pull in new fish by the promise of getting rich, or they can issue news to force the fish to sell to bring money-velocity up, the last thing on earth that the system wants is HODL, the entire reason for CBDC and virtual-yuan in China is that the digital-currency loses value if you don't spend it as soon as you obtain it

Original Satosh BITCOIN enablers, never saw BTC as "Get Rich Quick" which is 99% of this board ( forum aka bitcointalk ), funny thing is that under new management (IRS/FED) Biden is going to tax the hell out of these gains, like they said on the Batman movie, we told Bitcoin would take you places, we never said "Good Places".

[moderator's note: consecutive posts merged]
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April 24, 2021, 06:54:54 AM
 #10

Bitcoin is increasingly popular and developed. It's great if Amazon, Apple, Microsoft approved Bitcoin and watching Bitcoin as a legitimate method as Tesla did. I think the market will be very exciting. When companies that adequate Bitcoin, Bitcoin will be widely applied and will be a common method and investment channel in the future.
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April 24, 2021, 06:55:11 AM
 #11

there's a video i think its raoul pal of real vision that talked about Walmart that will possibly join. but this will depend on the owner if he sees it as a plus for his business.
the first to join will normally be the companies in finance because they are the ones who'd see the benefits.

I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance. Smiley
The most interesting point in your topic a question about centralization. We know Bitcoin is a decentralized cryptocurrency, but if a major part of Bitcoin accumulates by all the centralized organizations then we will face a problem. Because due to holding a major part of the Bitcoin they will able to manipulate the Bitcoin market as they want. I know if one or all of these companies invest in Bitcoin then the price would record a new ATH and also it would be a massive adaption. But most probably it would drive to centralization as you said. Rather than accumulate a huge amount, if they accept Bitcoin for payment, then it would be massive and long time adaption forever until they accept.

It's already here now, its called TBTF - TOO BIG TO FAIL, once any financial instrument is a critical part of the retirement system, and/or cop-fireman pension system, then the FED will bail out every loss.

We're here now,

The irony of course is that BITCOIN Satoshi mythological narrative was that BTC was going to free us from FIAT and the system, the reality is that BITCOIN is just same-same with 100% absolute tracking, and loss of privacy.

Go figure, ahh but you all going to get rich on virtual paper.

Starting in the Fall of 2000 during the COVID spending spree, it was decided by Institutions that BITCOIN was the place to park your cash, thus $350B of new money flowed into BITCOIN raising the price from $10k to $63k, now with a 20% pullback, its not like the real 'money market', its more like a casino ( which reality thinkers already knew )

The institutions are frantic to find places to park cash that isn't theres, all the new money that came into BTC was either OPM, or borrowed (Musk)

There is no doubt at this point in time that FED covers both BTC-ETF's, and BTC itself, given IRS control's COINBASE.

we are about to celebrate which big company is going to join and we already are assuming Walmart or could be Apple which could skyrocket the price. you just appear to poop the party.  Cry




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April 24, 2021, 07:50:43 AM
 #12

I'm looking for Apple and Amazon because this will bring a big impact for crypto not only in certain place but worldwide.

Imagine that the biggest Mobile/gadget company and online home furniture will be adopting Bitcoin?

wondering that wallmart and other companies will surely follow the trend if then.

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April 24, 2021, 08:00:47 AM
 #13

I think bitcoin should be given some time to rest. Now the most positive news still does not move bitcoin up, and this means, that the market is overheated and any negative news will greatly lower the price.

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April 24, 2021, 08:11:23 AM
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Experts from the scene are skeptical. "Still very few people own Bitcoins", even if a broader mass could be reached through PayPal, Bitcoin is not a suitable means of payment due to the high fluctuations. In addition, Bitcoin fans do not give up their coins, but rather rely on the increase in value.

But everyone who takes part will lose in the long run.

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April 24, 2021, 08:24:46 AM
 #15

Experts from the scene are skeptical. "Still very few people own Bitcoins", even if a broader mass could be reached through PayPal, Bitcoin is not a suitable means of payment due to the high fluctuations. In addition, Bitcoin fans do not give up their coins, but rather rely on the increase in value.

But everyone who takes part will lose in the long run.
How can experts say that there are few people own bitcoin if the market itself show how much users there are and not counting those who are just hodling. But I agree to the fact that Bitcoin isn't the most efficient way to be use as a means of payment due to stability of the price to fluctuate anytime. If I were to implement a means of payment on my business then I rather choose USDT or BUSD or any other stable coin out there to avoid the pump and dump when transacting.

I just hope that more and more companies implement crypto on their business, not just Bitcoin but rather other cryptocurrencies so we may be able to pick which crypto is the most convenient when it comes to transaction fee, transaction speed and available crypto.


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April 24, 2021, 08:28:16 AM
 #16

Several companies have joined the Bitcoin/Blockchain bandwagon, leading towards new ATHs (All-Time-High) for major crypto assets on the market. Both PayPal and Tesla's announcement of adopting Bitcoin, has brought a certain level of confidence among investors and traders alike. People are pouring money like crazy in crypto, as they don't want to miss out the opportunity of a lifetime to make huge streams of profit.

Now that we have several prominent companies supporting Bitcoin, I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance. Smiley
General discussion about the Bitcoin ecosystem that doesn't fit better elsewhere. News, the Bitcoin community, innovations, the general environment, etc. Discussion of specific Bitcoin-related services usually belongs in other sections.
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April 24, 2021, 09:29:24 AM
 #17

~

Now that we have several prominent companies supporting Bitcoin, I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance. Smiley
For sure e-commerce sites would probably the next companies though, as their aim would be primarily to extend their reach to people on how can they buy or pay for their merchandises.
Not sure if even Microsoft is still adopting it, but I recall back then that they allowed it as a payment method for their products.
Steam was also one back then, but  due to volatility they pulled it off.
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April 24, 2021, 11:22:38 AM
 #18

We will not know which company will support bitcoin because the company will not tell about that to the public. Not until they are sure that they will make a profit by investing in bitcoin. The other scenario will be the big company is already invested in bitcoin from a few years ago but they do not announce to the public and still hide their support to bitcoin. We will see something soon about which company supports bitcoin because bitcoin has become more popular than a few years ago.

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April 24, 2021, 12:07:42 PM
 #19

Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin?
Among the three big companies, I would like to choose Walmart and Amazon. Their ecosystems will be boosted with Bitcoin adoption and later adoptions for top altcoins. People will use their Bitcoin (better if they integrate Lightning network payment gate) and altcoins for their expenses/ checkouts on Walmart or Amazon.

Why I don't choose Apple? It is basically from their core approaches with which they only want to shill Apple products and try to force Apple users to use as many products from Apple as possible. They don't want to corporate or shill products of others.

If Apple accept Bitcoin, they will be one of the latest big tech companies.

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April 24, 2021, 12:09:30 PM
 #20

People are pouring money like crazy in crypto, as they don't want to miss out the opportunity of a lifetime to make huge streams of profit.

Not sure about pouring money like crazy but I think you're right, people are definitely going big into crypto now bigger than ever before. You see a lot of stories now about 30+ year olds investing in dogecoin, that really makes you wonder what is wrong with this world:) They didn't budge in 2017 when BTC was doing well but this time following Elon Musk? Shows you just what millennials are thinking and how they live:)

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