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Bitcoin: Does it have a future ?
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rwitre
#1291 Posted : Wednesday, December 09, 2020 6:08:03 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Today in Bitcoin.

MicroStrategy Announces Pricing of Offering of Convertible Senior Notes

A $NASDAQ listed company $MSTR borrowing half-a-billion to buy BTC

Quote:
TYSONS CORNER, Va., December 9, 2020 — MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced the pricing of its offering of $550 million aggregate principal amount of 0.750% convertible senior notes due 2025

MicroStrategy intends to invest the net proceeds from the sale of the notes in bitcoin in accordance with its Treasury Reserve Policy pending the identification of working capital needs and other general corporate purposes


Will bitcoin end the dollar’s reign?

Global reserve currency top contender

Morgan Stanley Investment Management’s chief global strategist talking about Bitcoin potentially replacing the dollar as the global reserve currency

Quote:
In a recent survey, only 3 per cent of baby boomers said they own a cryptocurrency, compared with 27 per cent of millennials. Still, those numbers are rising, and there are reasons to think this bitcoin rush has deeper roots.


JPMorgan Says Gold Will Suffer for Years Because of Bitcoin

Shift in investment culture

Quote:
The Grayscale Bitcoin Trust, a listed security popular with institutions, has seen inflows of almost $2 billion since October, compared with outflows of $7 billion for exchange-traded funds backed by gold, according to JPMorgan.


BTC was a buy at $4000
BTC is a buy at $19000
BTC will be a buy at $50000
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ngapat
#1292 Posted : Wednesday, December 16, 2020 7:39:13 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Btc defiantly and shamelessly breaks the 20k resistance.
“Invest in yourself. Your career is the engine of your wealth.”
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Angelica _ann
#1293 Posted : Wednesday, December 16, 2020 8:24:21 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
ngapat wrote:
Btc defiantly and shamelessly breaks the 20k resistance.


Where are the charts Laughing out loudly Laughing out loudly Laughing out loudly
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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rwitre
#1294 Posted : Wednesday, December 16, 2020 9:55:01 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Angelica _ann wrote:
ngapat wrote:
Btc defiantly and shamelessly breaks the 20k resistance.


Where are the charts Laughing out loudly Laughing out loudly Laughing out loudly


5 years from now people will look back and ask "How could you not see it? Bitcoin is so obvious!"
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sparkly
#1295 Posted : Thursday, December 17, 2020 7:01:47 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
rwitre wrote:
Angelica _ann wrote:
ngapat wrote:
Btc defiantly and shamelessly breaks the 20k resistance.


Where are the charts Laughing out loudly Laughing out loudly Laughing out loudly


5 years from now people will look back and ask "How could you not see it? Bitcoin is so obvious!"





I can see it now but will not speculate on BTC even with a single cent. I would rather buy myself a $1000 whiskey, drink it, piss it than invest the same money in BTC expecting a return.
Life is short. Live passionately.
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rwitre
#1296 Posted : Saturday, December 26, 2020 8:06:50 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
sparkly wrote:
rwitre wrote:
Angelica _ann wrote:
ngapat wrote:
Btc defiantly and shamelessly breaks the 20k resistance.


Where are the charts Laughing out loudly Laughing out loudly Laughing out loudly


5 years from now people will look back and ask "How could you not see it? Bitcoin is so obvious!"





I can see it now but will not speculate on BTC even with a single cent. I would rather buy myself a $1000 whiskey, drink it, piss it than invest the same money in BTC expecting a return.


Broke 25K on the 25th.
Attempting to break 26K on the 26th

Happy holidays Applause
Get your whiskey from @Sparkly
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rwitre
#1297 Posted : Saturday, December 26, 2020 11:41:02 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
rwitre wrote:
sparkly wrote:
rwitre wrote:
Angelica _ann wrote:
[quote=ngapat]Btc defiantly and shamelessly breaks the 20k resistance.


Where are the charts Laughing out loudly Laughing out loudly Laughing out loudly


5 years from now people will look back and ask "How could you not see it? Bitcoin is so obvious!"





I can see it now but will not speculate on BTC even with a single cent. I would rather buy myself a $1000 whiskey, drink it, piss it than invest the same money in BTC expecting a return.


Broke 25K on the 25th.

26th

26K breached.

Almost poetic. Congratulations to those who held through it all.

Spread some laughter and cheer this season. smile



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  | | Edit by user: Saturday, December 26, 2020 11:44 PM | Reason: Not specified
Tokyo
#1298 Posted : Sunday, December 27, 2020 6:26:24 AM
Rank: Veteran

Joined: 10/9/2006
Posts: 1,502
I’m loving it. Bitcoin has never disappointed me. Predicting $40,000 by next Christmas
work to prosper
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rwitre
#1299 Posted : Sunday, December 27, 2020 11:10:48 AM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Tokyo wrote:
I’m loving it. Bitcoin has never disappointed me. Predicting $40,000 by next Christmas


Warren Buffet called bitcoin "Rat poison squared" when it was trading at around $9000

27/12/2020 BTC smashed through 27k.

Bitcoin total market cap: 513 billion
Berkshire Hathaway market cap: 531 billion

If we end the year with Bitcoin shooting past BRK there'll be a lot of "I told you so"s going around.
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  | | Edit by user: Sunday, December 27, 2020 11:14 AM | Reason: Not specified
snifadog
#1300 Posted : Monday, December 28, 2020 8:29:03 AM
Rank: Member

Joined: 6/6/2016
Posts: 167
Location: Nairobi
BTC hitting 28k, ETH is just starting to pick up steam and the alt markets will explode in Jan 21. My man Jones got swallowed by the chop it seems.
Senior members on this forum told you to enter the NSE casino because crypto is a scam. Alas!
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