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Thread: Who buys Bitcoin

  1. #1

    Default Who buys Bitcoin

    bitcoin/cryptocurrency investment trend has surpassed gold/silver already for 2021

    https://news.bitcoin.com/wp-content/...nvestments.png


  2. #2

    Default

    Microstrategy (mstr) fund CEO invested all their cash reserves into btc back in Q4 2020.
    Actually the ceo borrowed more fiat to buy more bitcoins
    His average cost is 16.11k/btc
    Their stock went from 140 to 755 today, 5X while btc only ~ 2-2.3X
    Last edited by yellowsnow; 02-05-2021 at 06:14 AM.

  3. #3

    Default

    1st 401k with match (all in stocks)
    2nd Crypto curriencies or baseball card/ sports cards (can't pick one over the other as both going crazy)
    3rd roth IRA
    4th Gold Silver physical
    "Don't take advice online from a stranger, then again I am not a stranger, you can ask anyone that knows me"- Me

  4. #4

    Default

    Quote Originally Posted by LoveTheBenjis View Post
    1st 401k with match (all in stocks)
    2nd Crypto curriencies or baseball card/ sports cards (can't pick one over the other as both going crazy)
    3rd roth IRA
    4th Gold Silver physical
    u mean that's your portfolio?

  5. #5

    Default

    Quote Originally Posted by yellowsnow View Post
    u mean that's your portfolio?
    That is where current new money is being looked at to be invested.
    "Don't take advice online from a stranger, then again I am not a stranger, you can ask anyone that knows me"- Me

  6. #6

    Default

    i'm surprised payroll didn't use ETH. I would thought smart contract could be written into
    ETH to include employee hours and payroll deduction history on each payment
    https://www.zerohedge.com/markets/se...loyees-bitcoin

  7. #7

    Default

    JPMorgan tried and tried to slam down btc, fails miserably
    https://www.zerohedge.com/markets/jp...-spectacularly

  8. #8

    Default

    my thesis is that if US adopt btc as reserve currency, it can get US out of current financial mess and beat competitors/enemies china, russia without firing 1 bullet. BTC represent freedom (down to the poorest class of people) and honest money, something socialist state would NEVER adopt nor try to defeat like they are doing so to USD. War mongers can't print btc to fund wars, black ops and secret programs. BTC could foster freedom worldwide without political manipulation or wars. If gold is adopted as world money, russia, china and central banksters will win since they own most of the gold.

    The problem today is we have too many middle man taking cuts between buyers and sellers of money.
    With btc, we need less lawyers, bankers, bean counters, foreign exchangers, etc these professions don't add productivity but instead add red tapes
    Last edited by yellowsnow; 02-11-2021 at 04:09 AM.

  9. #9

    Default



    What city will be next?

    Vegas?
    No his mind is not for rent
    To any god or government
    Always hopeful, yet discontent
    He knows changes aren't permanent
    But change is

  10. #10

    Default

    Quote Originally Posted by yellowsnow View Post
    my thesis is that if US adopt btc as reserve currency, it can get US out of current financial mess and beat competitors/enemies china, russia without firing 1 bullet. BTC represent freedom (down to the poorest class of people) and honest money, something socialist state would NEVER adopt nor try to defeat like they are doing so to USD. War mongers can't print btc to fund wars, black ops and secret programs. BTC could foster freedom worldwide without political manipulation or wars. If gold is adopted as world money, russia, china and central banksters will win since they own most of the gold.

    The problem today is we have too many middle man taking cuts between buyers and sellers of money.
    With btc, we need less lawyers, bankers, bean counters, foreign exchangers, etc these professions don't add productivity but instead add red tapes
    Reserve currency? You need to check out the real plan and it does not involve a decentralized currency.

    https://www.imf.org/en/news/articles...gital-currency

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