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Author Topic: Apple CEO: Tim Cook already interested in Bitcoin  (Read 173 times)
hyudien (OP)
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November 09, 2021, 11:17:06 PM
 #1

Based on the information I got recently, who doesn't know this person, especially with his statement on the broadcast of one of the Deal Book conferences, and the news was immediately reported through an article in Bitcoin Magazine saying
Quote
"I think it makes sense to make him a part of a diversified portfolio,"
he said (you can find news here)

Despite the obvious positives, lately it's become clear that some well-known people continue to highlight Bitcoin and become interested in it. Even though at first they were skeptical about Bitcoin. This is quite interesting news and it looks like we are being herded into a more massive stream of adoption. The end of the month can be an event that is enough to make the holder add to his portfolio balance.

So far what can you conclude from the positive side of the news? I'd love it if you brought it here or are there other adoptions by great people out there that we don't know about?

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November 10, 2021, 06:46:04 PM
 #2

So far what can you conclude from the positive side of the news? I'd love it if you brought it here or are there other adoptions by great people out there that we don't know about?
I was expecting many big companies to announce their attitudes about bictoin even if they won't adopt it sooner. This was after all Elon Musk shared opinions about crypto and Twitter announce adopting bitcoin lightening network to proceed reward payments.
Apple is a friendly ecosystem for cryptocurrencies and we expect the largest adoption to start upon its hold.
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November 10, 2021, 11:46:40 PM
 #3

Such a public figure owning bitcoin is a plus to the adoption struggles of bitcoin. But what I wouldn't want is to give much credence to him, such that his tweets and re-tweets will spoil this sweet market for us. Let's learn from Elon Musk mistake.

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November 10, 2021, 11:54:08 PM
 #4

It is surely another good news. Not really surprising because we have seen many top people already invested in crypto as well. The most popular one is Elon Musk, he even has a big role in the development of crypto industry right now. He may not create a project. But having him in crypto, makes people more trust in crypto future, and triggers people who don't invest in crypto to join as well. With Apple CEO joining crypto investment, we have another strong indicator of a great future of BTC and altcoins.

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November 11, 2021, 12:14:02 AM
 #5

I'm not surprised though, maybe Tim Cook has been dabbing on bitcoin personally for years now.

And perhaps what he is saying is that maybe Apple too can diversify their portfolio and put bitcoin on their balance sheet as other company is doing right now. And then they will satisfy their customers by accepting bitcoin in the future as mode of payment, for all the marbles of being a bitcoin enthusiast.

R


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November 11, 2021, 12:22:32 AM
 #6

This was already the top signal for Bitcoin? Just kidding.
But before the last 2017-2018 bull run we saw a lot of celebrities starting to pop when Bitcoin is already pumped too hard, especially the parabolic run last 2017.

But I will take this as good news, Apple is a huge company and a big player in the tech industry. This could be a big advertisement for Bitcoin for these companies will starting to talk about Bitcoin.

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November 11, 2021, 12:24:41 AM
 #7

The fact that Tim Cook owns and supports Bitcoin is really old news, it has already been reported years ago. He even lost some coins to scammers, I think it was some tens of thousands of dollars worth of BTC.

This is positive, but don't invest in Bitcoin simply because celebrities do so, and don't expect the price to automatically rise when this happens.

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November 11, 2021, 01:22:24 AM
 #8

Based on the information I got recently, who doesn't know this person, especially with his statement on the broadcast of one of the Deal Book conferences, and the news was immediately reported through an article in Bitcoin Magazine saying
Quote
"I think it makes sense to make him a part of a diversified portfolio,"
he said (you can find news here)

Despite the obvious positives, lately it's become clear that some well-known people continue to highlight Bitcoin and become interested in it. Even though at first they were skeptical about Bitcoin. This is quite interesting news and it looks like we are being herded into a more massive stream of adoption. The end of the month can be an event that is enough to make the holder add to his portfolio balance.

So far what can you conclude from the positive side of the news? I'd love it if you brought it here or are there other adoptions by great people out there that we don't know about?
you are 4 minutes late posting this because you have been Beat my @romero121 here  https://bitcointalk.org/index.php?topic=5370062.0 so i think best to Lock this thread and let the other thread runs in this same topic.

_______________________________________________

Welcome to apple CEO in bitcoin world and hoping that this is just a first step forward for the whole apple campony adopting bitcoin for real.
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November 11, 2021, 03:14:38 AM
 #9

The fact that Tim Cook owns and supports Bitcoin is really old news, it has already been reported years ago. He even lost some coins to scammers, I think it was some tens of thousands of dollars worth of BTC.

This is positive, but don't invest in Bitcoin simply because celebrities do so, and don't expect the price to automatically rise when this happens.
I wonder why this kind of news excites much on the market as if these celebrities are some kind of God in the world of crypto, which they aren't. Well, this is media and we are in a bull market and I'm not surprised if this kind of news will pop up.

It really is a positive news and if this is the mindset of every investors then this is too shallow type of investment strategy.
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November 11, 2021, 03:25:39 AM
 #10

These people invest in bitcoins and can influence others with their popularity. Of course, it would make an impact since they are some big time guys who owns some huge company that would make people think that if this kind of people won't hesitate to invest, then what makes me hesitance to do so. But people has already learn from Elon Musk whenever they invest huge amount of money, they already have some plan where when they invest in it, they already have a plan when to exit. Maybe this guy publicizing his investment has already plan his exit so be careful guys.

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November 11, 2021, 04:28:36 AM
 #11


So far what can you conclude from the positive side of the news? I'd love it if you brought it here or are there other adoptions by great people out there that we don't know about?
A public figure adoption of Bitcoin can make others who had no interest in Bitcoin begin to invest as many are still skeptical about Bitcoin even as the price keep surging daily and Apple CEO isn't an exception. But the issues is they can decide to manipulate the market so the can get another good entry point to buy more in the future but no matter the outcome investors make use of any Maket condition that might arise
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November 11, 2021, 04:41:38 AM
 #12

It is surely another good news. Not really surprising because we have seen many top people already invested in crypto as well. The most popular one is Elon Musk, he even has a big role in the development of crypto industry right now. He may not create a project. But having him in crypto, makes people more trust in crypto future, and triggers people who don't invest in crypto to join as well. With Apple CEO joining crypto investment, we have another strong indicator of a great future of BTC and altcoins.

It is a really good and big news. This is also now a plus point of Bitcoin for Bitcoin to go further. Now that a lot of big companies are connecting with Bitcoin, Bitcoin will have a bigger spread in the future.  And Bitcoin will be the only international payment method in the world.

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November 11, 2021, 08:40:46 AM
 #13

Tim Cook just expressing interest doesn't mean he just entered. I believe that there are still many of the world's top billionaires investing without creating a sensation. And from his statement, the bitcoins he owns are not related at all to the APPLE company.
..however, that his interest was from a “personal point of view” rather than a corporate one.

-snip-
The most popular one is Elon Musk, he even has a big role in the development of crypto industry right now.
The difference is that Musk invests in bitcoin on Tesla's behalf, so ownership goes on the company's balance sheet. Maybe the amount of bitcoin Tim Cook invested isn't as surprising as the news.

-snip-
He may not create a project.

I don't know if this involves the APPLE company, their co-founder Steve Wozniak also founded a crypto project called WOZX.

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November 11, 2021, 10:38:51 AM
 #14

These days when I see any well known person or celebrity I always  imagine that they’re investing in bitcoin already. bitcoin is now very popular and there are now so many institutions that are investing in it, and since institutional investors arrived it has made bitcoin to be very popular around the world. So, a lot of celebrities and big investors now knows about bitcoin and they are now interested in investing their money in it. This time around they now see it as an investment that they can trust very well.

So, whenever I see any celebrity or big investors said that they are investing in bitcoin, I don’t really get surprised because I already see it like it is something that they are meant to be doing already. There are even more of them that will be investing in bitcoin that you wouldn’t know about because they haven’t said that they are doing so and have decided to keep it to themselves.
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