Walmart hiring ad raises bitcoin price to $48,000

[Alikhaki123]

Walmart's department store chain, one of the largest chain stores in the world, is looking to hire a cryptocurrency specialist. After the news, the price of Bitcoin reached above $48,000.

In its hiring ad, Walmart said it wants to hire someone for the job position of director of blockchain products and cryptocurrencies, according to YouTube. This led to the growth in the price of Bitcoin and its passage of $48,000. Each unit of Bitcoin is currently trading in the range of $47,600.

Walmart said in its ad that it is looking for an "interested" and "enthusiastic" person in the field of cryptocurrencies to develop the company's strategies in relation to cryptocurrencies.

Establishing partnerships in cryptocurrencies and investing in this area will be among the duties of Walmart's new director of cryptocurrencies.

Walmart has been testing the use of blockchain in its business for years. In 2018, the company had used blockchain to intercept food in a pilot program in collaboration with IBM.

https://arzdigital.com/walmart-job-ad-makes-bitcoin-revisit-48000/

[Kong Hey Pakboy]

That's not the likely cause of the increase of bitcoin, that's just a coincidence or an additional factor as to why the market is still going strong currently that the Walmart just helped made it go up if it really did help.

[DdmrDdmr]

<…>

Not sure why, being the referenced link you provided having an English name based URL, I seeing the content in another language. One can always resort to Google to get the site translated though:

https://translate.google.com/translate?hl=&sl=auto&tl=en&u=https%3A%2F%2Farzdigital.com%2Fwalmart-job-ad-makes-bitcoin-revisit-48000%2F.

I don’t know whether the referenced media has any prestige and punch out there, but the attribution of a certain price movement to a job offer (and this one in particular) does not seem to fit the profile of being a trigger nor the root cause.

Tip: Although you do include a reference to the article, the text in the OP is very similar to that of the Google Translated version I provided above. Since the news is echoed by the media in abundancy, it does not constitute something that should warrant a copy/translate/paste+link. It’s way better to make it your own, and summarize, question, criticize, or provide your personal opinion on the matter at hand.

[kryptqnick]

Walmart is very popular, and if it considered Bitcoin as payment, that would be huge news. Looking for one person to explore cryptos, however, is far from that. "Identifying crypto-related investment and partnerships" could be about making their own digital currency or about investing some revenue in cryptos. It's also not looking very good that the link to Walmart's website that some publications provide is dead, so they either moved or (more likely) deleted that job offer altogether. That being said, I did find one job offer by Walmart (but I really don't think it's the one from the news) that requires being:

Passionate about tech and working understanding of top sources, influencers and leaders who write in key tech domains (e.g., Mixed Reality, Computer Vision, Conversational AI, Crypto/Blockchain) 

[oHnK]

This is quite good news for the market and is a supporting factor for today's price increase.  Fundamental issues like this are urgently needed to return BTC prices to their highest peaks.  Moreover, the current China issue is no longer being ignored by the market because it ended yesterday.  Walmart's seriousness in recruiting new employees in the crypto field will bring a new era for Btc.

[riskarcher]

Walmart a department store started using bitcoin as payment this is something of an interesting and crazy innovation for other department stores. This will be the first step to starting something new, I hope all department stores will adapt crypto payments because it will change the unique value of payments. This is a factor that makes the value of BTC increase.

[Stablemoney21]

Dumb shills. Bitcoin is useless. Nothing more than a tool for speculative idiots. Satshi who?  What is bitcoin backed by? Absolutely nothing. At least fiat is backed by a nations economic prowess. We are building a new stablecoin that will be 100% backed by dollars. A currency backed by the worlds largest economy. Unlike useless bitcoin. This is the future.  Reply for more info

[kro55]

Walmart's department store chain, one of the largest chain stores in the world, is looking to hire a cryptocurrency specialist. After the news, the price of Bitcoin reached above $48,000.

It is good that they are now realizing that they have to adopt Bitcoin now, I welcome them. On the behalf of your post, Walmart is concerned about Bitcoin
after seeing its price is recovering and growing continuously. That means they are was in observation mode during the last couple of months,
So, it is pretty much sure though I appreciate them but their such kind of action didn't have any impact to make the market bullish,
where the bullish market is forced them to think about Bitcoin and to adopt it. Now the market is growing without any kind of social influence and it is a solid trend.

[zanezane]

Walmart a department store started using bitcoin as payment this is something of an interesting and crazy innovation for other department stores. This will be the first step to starting something new, I hope all department stores will adapt crypto payments because it will change the unique value of payments. This is a factor that makes the value of BTC increase.

No it's not an innovation, this has been done by small companies and other small e-commerce already so there's nothing special about them adapting the system. It's not the first step, you make it look like Walmart is the Genesis of bitcoin payment when it's not, the innovation is a continuous process and along the way, big companies will get in and that's what's happening right now.

[JeromeTash]

So every time Bitcoin price rises, it's because some supermarket or corporations joined the Bitcoin train?

Honestly, I don't know how people always bring up this shit. " Bitcoin price rose because Walmart did this" "Bitcoin price dropped because Elon tweeted this"
My question is can't Bitcoin just rise and drop without any reason getting attached to it?

[verita1]

If this were the case but it is not, it is purely coincidental that the price of bitcoin skyrockets due to a store known as Walmart posting a job offer in search of a blockchain expert in order to include the payment method with bitcoin and cryptocurrencies.

I am happy with the news because bitcoin will be more known and those who have not tried to access money without the power of centralism, will have the opportunity to know the benefits of investing in bitcoin and how powerful it is to send money around the world without barriers as a example.
It is a satisfying experience to see how Bitcoin advances in these new stages in which institutions are embracing bitcoin.

[bct-user]

This news has been from several days ago. As also stated in this news:
https://theamericangenius.com/finance/walmart-cryptocurrency-lead/

But, if we know the news, it is about a career open in Walmart to hire a digital currency and cryptocurrency lead.
It may be good news, but can it really give that impact? For, Bitcoin price has started rising up before this news also.

[Sweetbtc]

This is very big news for bitcoin and other crypto. Specially at this time when market is bulish it can cause bitcoin  to hit 50k$ soon. But still chances it may ve rumour like Amazon News.

[G-Money7777]

I knew I loved Walmart, LFG Bitcoin

[Alphabit]

This is quite good news for the market and is a supporting factor for today's price increase.  Fundamental issues like this are urgently needed to return BTC prices to their highest peaks.  Moreover, the current China issue is no longer being ignored by the market because it ended yesterday.  Walmart's seriousness in recruiting new employees in the crypto field will bring a new era for Btc.

Totally agree 👍 just image if one major company like Walmart, just hint about taking steps to accept Bitcoin and as a result of that we have a 10% gain in price. Think about that let it sink in. When others follow the same path its gonna be crazy rally for sure.

[Wexnident]

Excuse me what? Do news sites have no articles to write that they have to force such an argument? It's good news possibly yes, Actually wait hold up now that I read it carefully again they are looking for a crypto specialist, I can't even fathom how this became related to the growth of Bitcoin. If job ads were a way to increase Bitcoin price, then hell a lot of people would be quite rich now ngl. Walmart accepting Bitcoin might even generate more news and more positivity towards Bitcoin than this tbh.

[meanwords]

We are talking about one of the largest corporation here and them hiring someone that is cryptocurrency specialist spells something nice about the market. Though I doubt it's the reason why Bitcoin is rising right now. I don't really know the reason but a news like this can't really control the price of Bitcoin significantly. There must be something bigger happening.

[GeorgeJohn]

Walmart's department store chain, one of the largest chain stores in the world, is looking to hire a cryptocurrency specialist. After the news, the price of Bitcoin reached above $48,000.

This is nice formation, though people likely purchase BTC whenever they obtain information that any big company want to enroll into cryptocurrency, really cryptocurrency is a vital currency which no financial buoyant company that will not develop interest to adventure into it.

Walmart hiring someone who help to manage or transact into bitcoin is the same as they have multiple bitcoin, so with that scenario that they have adventure into bitcoin fully its obvious that it will make the price of bitcoin to get elevated, because even when we got information that Amazon have accepted transaction with cryptocurrency more especially bitcoin it made btc to come up with price that period.

[yazher]

This is quite good news for the market and is a supporting factor for today's price increase.  Fundamental issues like this are urgently needed to return BTC prices to their highest peaks.  Moreover, the current China issue is no longer being ignored by the market because it ended yesterday.  Walmart's seriousness in recruiting new employees in the crypto field will bring a new era for Btc.

Yeah! looks like the bullish market in 2021 is still ongoing and we might experience more increase in the upcoming months. as we are closed to the last quarter of the month, the crypto market will go unstoppable if things like this won't stop. I mean, this is what we really need, good news one after another. I think this time no tweet will turn the crypto market upside down since they already know that it was just mere speculation by someone and is not a fact. They don't need to withdraw their crypto assets with those kinds of tweets.

[cabron]

Even if you look at this news to not be the real cause of the price spike, the community will still look at it as positive news for the adoption. Wallmart accepting Bitcoin as payment for the products sold in the market is really astonishing.

There could be a decline for sometimes but I think we will reach the ATH again in months. Cryptocurrency is remaking the world while we are trying to recover from this catastrophic pandemic.