Elon feelin' like he's on Top of The World......havin' fun........... BTC need a catalyst to break to new highs? no prob. Buys $1.5 billion then let the world know--boom, long green candle on the hourly ... up15% or so
the detractors? long gone, lol ............those still shorting TSLA likely in the fetal position ...or an ICU ward
the detractors? long gone, lol ............those still shorting TSLA likely in the fetal position ...or an ICU ward
One other thing I think is kind of funny. Elon tweets DOGE and all these people run and buy it.
Like a magician......look over here while I am doing something else over here. While they were busying buying DOGE he basically kept the price of Bitcoin lower while he is buying snapping up $1.5 billion in Bitcoin.
He played his followers and they didn't even know the got played. Of course they dont feel bad because he needs the money.
Like a magician......look over here while I am doing something else over here. While they were busying buying DOGE he basically kept the price of Bitcoin lower while he is buying snapping up $1.5 billion in Bitcoin.
He played his followers and they didn't even know the got played. Of course they dont feel bad because he needs the money.
would be huge, NS
https://www.reuters.com/article/us-crypto-currency-apple-idUSKBN2A82I4
(Reuters) - Apple Inc has a “clear opportunity” to offer a buying and selling mechanism for cryptocurrencies, a move that would allow the company to immediately gain market share, according to a research report on Monday from RBC Capital Markets.
With its access to world-class software and a secure ecosystem, Apple could tackle the problem individuals face acquiring crypto assets due to know-your-customer laws and other regulations with the company offering a closed system that prevents nefarious activity, improves asset security, and has instant access to buyers and sellers, the report said.
It added that if Apple, which already has a Wallet app, went down this path, the move would likely make the United States a global leader in crypto assets, lessening the possibility of a government shutdown of the industry.
“If the USA owns the most crypto assets (be it Bitcoin or other assets), it would not make logical sense in our view to ban it,” RBC analysts said in the report.
The report came the same day that top cryptocurrency bitcoin strode closer to mainstream acceptance after billionaire Elon Musk’s electric vehicle company, Tesla Inc, revealed it had bought $1.5 billion of bitcoin and would soon accept it as a form of payment for cars - sending the cryptocurrency shooting higher.
Apple has proceeded cautiously with cryptocurrencies. The company banned cryptocurrency wallets from its App Store in 2014, but later reversed the decision and now allows them. However, Apple bans mining for cryptocurrencies on iPhones and does not allow its Apple Card credit card to be used to purchase cryptocurrencies.
For what is is worth. i stated the 3 that I own.
There are many reason why cryptos are here to stay. I think it is going to become the world currency for transferring money around. i think you will start to see more and more companies use it. Why mess around with currency exchanges and banks and wiring funds when you can send cryptos. Those companies will buy it and drive the price up even more. There are numerous recent articles about Apple may try to become a player in the market. Other big companies are dabbling in it already.
I sent people friends links to show them them world is changing and if they want to profit they need to be open to change....most don't listen. I have a group of friends I tried to get them to buy LINK at $10 in December and it is at $27 now. Every time it goes up $5 I tell them its not too late. Only one has listened.
The government has even recognized it and the first bank in the US is now accepting it.
Cryptos history has been some very big swings in market price so you need to be willing to take the good with the bad. Instead of jumping in feet first you might buy certain amounts at regular times. Once a week or once a month. Something like that versus all at once. Good Luck with whatever you decide.
