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Bitcoin (BTC) Tops $47,500, Will Tesla?s Entry Spark Massive Corporate Adoption?
At press time, Bitcoin is trading at $47,039 with a market cap of $863 billion. Interestingly, soon after the Tesla announcement, BTC has moved past Tesla?s valuations. The biggest question now is will corporate America follow suit?
Speculations are already ripe that big tech giants like Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and others can put part of their cash treasury into BTC. The speculation of Apple?s entry into Bitcoin is already catching up steam.
Just like Tesla, if the top-four tech giants were to put 10% of cash reserves, we are seeing another $50 billion corporate money inflowing into Bitcoin.
https://coingape.com/bitcoin-btc-tops-47500-will-tesla-entry-spark-massive-corporate-adoption/
At press time, Bitcoin is trading at $47,039 with a market cap of $863 billion. Interestingly, soon after the Tesla announcement, BTC has moved past Tesla?s valuations. The biggest question now is will corporate America follow suit?
Speculations are already ripe that big tech giants like Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and others can put part of their cash treasury into BTC. The speculation of Apple?s entry into Bitcoin is already catching up steam.
Just like Tesla, if the top-four tech giants were to put 10% of cash reserves, we are seeing another $50 billion corporate money inflowing into Bitcoin.
https://coingape.com/bitcoin-btc-tops-47500-will-tesla-entry-spark-massive-corporate-adoption/
Flyingtask ( Date: 08-Feb-2021 21:53) Posted:
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Congratulations to cryptocurrency investor. Portfolio has increased so much.
For those who are still looking at entry point, you may refer this as guidelines only.
https://m.youtube.com/watch?v=lCAXIiGhmzA
For those who are still looking at entry point, you may refer this as guidelines only.
https://m.youtube.com/watch?v=lCAXIiGhmzA
Finally, his company choose Bitcoin. More to come soon.
Mara, MSTR and SI are on huge rally now
Mara, MSTR and SI are on huge rally now
Bongbong ( Date: 08-Feb-2021 21:00) Posted:
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Even musk is in wow:
https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Tesla buys $1.5 billion in bitcoin and plans to start accepting it as payment
https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
ETH
Ethereum Upgrade Could Pump Price By Burning Billions in ETH Each Year
ETH experts are bullish about EIP-1559, but note that there are technical and political barriers to overcome before it gets implemented.
https://decrypt.co/56911/ethereum-upgrade-could-pump-price-by-burning-billions-in-eth-each-year
Ethereum Upgrade Could Pump Price By Burning Billions in ETH Each Year
ETH experts are bullish about EIP-1559, but note that there are technical and political barriers to overcome before it gets implemented.
https://decrypt.co/56911/ethereum-upgrade-could-pump-price-by-burning-billions-in-eth-each-year
https://kopipool.com/buy-ada-in-singapore/
I had tried crypto.com but approval is always pending.
Any idea.
I had tried crypto.com but approval is always pending.
Any idea.
Flyingtask ( Date: 07-Feb-2021 22:12) Posted:
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Anyone knows which exchange allow to buy ada?
https://www.newsbtc.com/news/cardano/why-cardano-will-outshine-ethereum-2-0-according-to-iohk-boss/
https://www.newsbtc.com/news/cardano/why-cardano-will-outshine-ethereum-2-0-according-to-iohk-boss/
Bitcoin rally incoming? MicroStrategy&rsquo Playbook Seminar a Smash Hit
Day 1 of the event includes a discussion on the legal considerations companies face when buying Bitcoin.
Feedback indicates that the seminar has been a smash hit. Saylor says an &ldquo avalanche&rdquo of firms will make the move from cash into Bitcoin within the next 12 months.
https://www.newsbtc.com/news/bitcoin/bitcoin-rally-incoming-microstrategy-playbook-seminar-a-smash-hit/
Haha...which is why dun think liao lah..just do. Intend to buy as I go as my budget not high..so will dedicate some money every month to go in. 
cheongweevictor ( Date: 07-Feb-2021 09:40) Posted:
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BTC, on early Feb 2020, it is just around USD$8599
Now, on this Feb 2021, it is around USD$39 to 40k.
Not many institutions are adoring it yet at earlier year.
With more institutions adoring it recently, there is high potential to grow despite the volatility. Money printing may drive the target closer.
I think so if all conditions are met:
Furthermore, ark mentioned about the possibility of more institutions adopting Bitcoin .
https://www.cryptoglobe.com/latest/2021/02/ark-invest-ceo-cathie-wood-bitcoin-has-a-a-much-bigger-idea-than-apple-or-amazon/
Ark prediction is
Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Companies (Allocate 1% of Their Cash to Bitcoin)
Not forgetting our ETH. )
Now, on this Feb 2021, it is around USD$39 to 40k.
Not many institutions are adoring it yet at earlier year.
With more institutions adoring it recently, there is high potential to grow despite the volatility. Money printing may drive the target closer.
I think so if all conditions are met:
Furthermore, ark mentioned about the possibility of more institutions adopting Bitcoin .
https://www.cryptoglobe.com/latest/2021/02/ark-invest-ceo-cathie-wood-bitcoin-has-a-a-much-bigger-idea-than-apple-or-amazon/
Ark prediction is
Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Companies (Allocate 1% of Their Cash to Bitcoin)
Not forgetting our ETH. )
cheongweevictor ( Date: 07-Feb-2021 09:01) Posted:
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Aiya,,, dont think so much lah,,, like this grow old faster leh... just buy and be young at btc 64k first and then 100k..
walau,,, if btc 64k ,, eth is ???? u go and use calculator to calculate,, if cannot get answer,, go to silicon valley to borrow their
supa computer,, hahaha
walau,,, if btc 64k ,, eth is ???? u go and use calculator to calculate,, if cannot get answer,, go to silicon valley to borrow their
supa computer,, hahaha
bigbrother33 ( Date: 07-Feb-2021 02:40) Posted:
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At this rate,, i think btc can go to 100K eoy??? what u think??? no longer the 64K i am looking at..
hope so....
hope so....
Flyingtask ( Date: 06-Feb-2021 23:43) Posted:
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Was thinking back and forth...and finally take the plunge..bought some ETH just now....finally I am in..will be building my position from there.
More to come
Bitcoin Climbs Past $40k, Analyst Expects Another Jump in BTC Value, ETH Taps New Highs
https://news.bitcoin.com/bitcoin-climbs-past-40k-analyst-expects-another-jump-in-btc-value-eth-taps-new-highs/
https://www.coindesk.com/bill-miller-run-2-25b-fund-may-buy-gbtc-to-gain-bitcoin-exposure-of-up-to-15
Bitcoin Climbs Past $40k, Analyst Expects Another Jump in BTC Value, ETH Taps New Highs
https://news.bitcoin.com/bitcoin-climbs-past-40k-analyst-expects-another-jump-in-btc-value-eth-taps-new-highs/
https://www.coindesk.com/bill-miller-run-2-25b-fund-may-buy-gbtc-to-gain-bitcoin-exposure-of-up-to-15
believer123 ( Date: 06-Feb-2021 21:54) Posted:
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Flyingtask, I share the same joy as you seeing crypto running ahead, long term, this one will not go wrong!
Flyingtask ( Date: 06-Feb-2021 21:16) Posted:
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BITCOIN is on bull rally now.
I hope someone shared the same joy I have now. Previously, I had shared the 2 signs.
Anyway, i am planning to be long so the best advice is not to mind the volatility. Look far with a vision.
With more institutions adding Bitcoin into part of their portfolio, you can easily guess the future
Paypal is one of them who adopt Bitcoin for business.
https://news.bitcoin.com/paypal-launches-business-unit-dedicated-to-cryptocurrency/
I hope someone shared the same joy I have now. Previously, I had shared the 2 signs.
Anyway, i am planning to be long so the best advice is not to mind the volatility. Look far with a vision.
With more institutions adding Bitcoin into part of their portfolio, you can easily guess the future
Paypal is one of them who adopt Bitcoin for business.
https://news.bitcoin.com/paypal-launches-business-unit-dedicated-to-cryptocurrency/
Flyingtask ( Date: 05-Feb-2021 15:22) Posted:
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It is weekend. Stock market closed but cryptocurrency market never close
Now, I see rally from cryptocurrency. Happy 😊
https://www.coindesk.com/market-wrap-bitcoin-rises-ethers-new-high-options
Market Wrap: Bitcoin Rises to $38.3K While Ether?s New High Takes Spotlight
Now, I see rally from cryptocurrency. Happy 😊
https://www.coindesk.com/market-wrap-bitcoin-rises-ethers-new-high-options
Market Wrap: Bitcoin Rises to $38.3K While Ether?s New High Takes Spotlight
cheongweevictor ( Date: 05-Feb-2021 20:17) Posted:
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Now eth is rallying hard,, maybe it is trying to play catch up to btc.. Hope so.. I am more on eth,
cheongweevictor ( Date: 05-Feb-2021 19:48) Posted:
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If go by previous rally, i think ETH shd now be around 4000 plus USD...i.e. 12% of btc.
Correct, I was wondering about KL trend. Anyway, focus is set on Bitcoin now. It cannot be manipulated.
Here is some comparison between Bitcoin and gold.
https://bitcoinmagazine.com/articles/pass-the-baton-already-why-bitcoin-is-poised-to-replace-gold
Here is some comparison between Bitcoin and gold.
https://bitcoinmagazine.com/articles/pass-the-baton-already-why-bitcoin-is-poised-to-replace-gold
cheongweevictor ( Date: 05-Feb-2021 15:42) Posted:
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