Mark Cuban wants to buy more Bitcoins

[Sebas.tian]

Mark Cuban considers more strength in bitcoin in comparison to Gold. Do you agree with him ?

Yes, there is a hope of making a huge amount of income from Bitcoin in the future than gold,because Bitcoin is a decentralized currency that is not control by the government, and it pump without taking permission from anybody in the environment. I think, Mark Cuban made a good decision to invest in Bitcoin in this bearish season, which is a best season to  investors to invest in Bitcoin to have access to a bright future. Despite, gold is older than Bitcoin, many investors prefer to invest in Bitcoin than gold because of their past experiences from gold that made them to change their minds to embrace Bitcoin.

[1714754066]

1714754066

[yhiaali3]

What will a new whale join the list of bitcoin whales offer? I look at all these rich guys who are buying bitcoin as they are just looking for profit and they don't care about adoption.

Cuban is a businessman like the rest of the famous rich people who buy bitcoin at a low price and will sell it immediately when he thinks he has made good profits, this happened with many of them.

The concept of adoption is completely different than simply buying a large amount of Bitcoin at low prices.

In any case, the inclusion of celebrities expands the spotlight around Bitcoin.

[siedemtrzy]

Rich people can always buy bitcoins and other risky assets. That does not mean anything to small investors like us. Mark is seeing potential profit in bitcoin and planning to buy some. That's what drives us all - potential profit.

Also it is a very well known fact that bitcoin has more potential than gold because gold is meant for capital protection. Gold is usually not used for investments with high return expectation. While bitcoin is used for just that. So let's not compare them and let's not get influenced by rich investors like Mark.

It's nice to see smart people. I think we shouldn't pay too much attention to what those rich jerks say, they say controversial things just to get attention or to manipulate the market. They miss a lot of details on purpose because the masses will eat it and spread what they say.

[Minor Miner]

Mark Cuban considers more strength in bitcoin in comparison to Gold. Do you agree with him ?

Yes, there is a hope of making a huge amount of income from Bitcoin in the future than gold,because Bitcoin is a decentralized currency that is not control by the government, and it pump without taking permission from anybody in the environment. I think, Mark Cuban made a good decision to invest in Bitcoin in this bearish season, which is a best season to  investors to invest in Bitcoin to have access to a bright future. Despite, gold is older than Bitcoin, many investors prefer to invest in Bitcoin than gold because of their past experiences from gold that made them to change their minds to embrace Bitcoin.

Bitcoin can be more profitable than gold but also riskier than gold, and since it is not regulated and controlled by the government, it can be pumped but can also be manipulated by sharks and turned into a money maker for them. In general, bitcoin or gold both have their own advantages and disadvantages, it is impossible to say that investing in bitcoin is better than gold or vice versa. I like to invest in both, diversification is essential, I don't want to believe in just one because anything can happen.

[Patrol69]

Currently there are many investors who are buying and holding Bitcoin. I think this is very good news for the cryptocurrency market. A news has been published that Mark Cuban is buying and holding Bitcoin like other investors. We all know he is a billionaire. If he is already buying bitcoins or planning to buy more bitcoins then I think the market is going to go well again very soon. Hopefully the bitcoin market will turn around again soon with the help of investors like Mark Cuban.

[Broadanbig]

Link to news
https://www.cnbc.com/2022/12/28/mark-cuban-wants-to-buy-more-bitcoin-says-gold-investors-are-dumb.html

So another celeb is showing trust and faith in bitcoin. Mark Cuban considers more strength in bitcoin in comparison to Gold. Do you agree with him ?

Mark Cuban purchasing more bitcoin is not a new thing, there are lots of celebrities buying bitcoin everyday and more still buying nobody knows about it but I hope he would not cry if anything happens again as it happened before.  Many celebrities have shown their support and love for bitcoin and some promoting and also creating awareness together with adoption of bitcoin. 50cent  did that  https://www.google.com/url?sa=t&source=web&rct=j&url=https://techcrunch.com/2018/01/24/50-cent-bitcoin-millionaire-album-sales/amp/&ved=2ahUKEwi0haW71L38AhWD5HMBHV-KAgIQFnoECCgQAQ&usg=AOvVaw2Hm5b2N5qnVzigKWKueOP0. He is not the only one doing such. There are other billionaires out there doing the same too

[klidex]

Currently there are many investors who are buying and holding Bitcoin. I think this is very good news for the cryptocurrency market. A news has been published that Mark Cuban is buying and holding Bitcoin like other investors. We all know he is a billionaire. If he is already buying bitcoins or planning to buy more bitcoins then I think the market is going to go well again very soon. Hopefully the bitcoin market will turn around again soon with the help of investors like Mark Cuban.

I don't think it's that easy for someone to change market conditions just because they buy Bitcoin, moreover only one person even though he is Mark Cuban even though he is one of the world's billionaires.
Bitcoin is a Crypto token whose price is not centered by anything, so it is very difficult to be able to control Bitcoin by buying and storing it so that we can make hopes that the market will return to normal, because there are many investors who hold and store Bitcoin while we don't know whether they can survive saving or not. sell it.
But the good thing is that the rumors circulating that Mark Cuban will invest in Bitcoin can make more investors believe and start adopting Bitcoin regularly. At least it can maintain the price of bitcoin because the balance that is carried out from selling and buying transactions can continue to stabilize prices until HALVING occurs. Bitcoins in the future.

[South Park]

Currently there are many investors who are buying and holding Bitcoin. I think this is very good news for the cryptocurrency market. A news has been published that Mark Cuban is buying and holding Bitcoin like other investors. We all know he is a billionaire. If he is already buying bitcoins or planning to buy more bitcoins then I think the market is going to go well again very soon. Hopefully the bitcoin market will turn around again soon with the help of investors like Mark Cuban.

While a small and positive sign it is important to be careful and to not get hyped when reading something like this, billionaires do everything for a reason, it is likely Cuban and many other billionaires have been accumulating bitcoin during the bear market and they are revealing this only now once they are happy with their holdings, so it is possible this is an attempt to help the market slightly and try to dissipate the bad reputation that has been established with the crash of several important projects we saw during the last year.

[Happy Waters]

Mark is a known bitcoin/crypto investor. In fact, since Mark Cuban owns Dallas Mavericks, there was this news years ago about the team will start to accept payments in crypto for tickets related to Dallas, well this was in 2018.
(https://cointelegraph.com/news/nbas-dallas-mavericks-will-accept-bitcoin-for-tickets-mark-cuban-promises)
I don't know if that had came into reality since 5 years has passed but this has came from Mark himself.

Cuban is like a feather in the wind.


Mark Cuban says he’d rather ‘have bananas than bitcoin’ because they’re more useful
Published Fri, Oct 4 2019
https://www.c[Suspicious link removed]m/2019/10/04/mark-cuban-on-the-value-of-bitcoin.html

Billionaire Mark Cuban Is No Longer Excited About Crypto
Sep 8, 2022
https://www.thestreet.com/investing/cryptocurrency/billionaire-mark-cuban-says-crypto-is-missing-something

I hope none of you is investing because you saw Mark Cuban or Kevin O'leary speak about bitcoin.

Both Mark Cuban and Kevin O'leary are facing huge lawsuits for crypto investments they endorsed before going very badly. Cuban might need the profits from his new BTC to help clean up the older mess!