That month, Square also announced it had bought 4,709 bitcoins, for around $US50 million. It was a huge sum of money at the time, but in hindsight pales in comparison to Tesla's $US1.5 billion bet.
"There's a good chance that crypto is the future currency of earth, and it's like … which one's it going to be? Maybe it'll be multiple. Not a bad comeback for an asset which crashed below $US3,200 , when its first 'buying frenzy' died down about two to three years ago.This flurry of bitcoin endorsements from major US companies in the past four months has pushed the market value of all cryptocurrencies beyond $US1.5 trillion.Bitcoin pub crawls
For the past few years, he has offered bitcoin as a payment method to give his foreign clients an extra payment option — if they choose to take it up."It's quite a niche method of payment. Not that many people have bitcoin at the moment, and art is quite niche as well.'Digital gold' in unstable times
Supporters of bitcoin have long trumpeted the idea that cryptocurrencies are "digital gold" which serve as a "hedge against inflation"."There are many factors that play into it, particularly if we talk about [bitcoin] as a deflationary asset," said Caroline Bowler, the head of BTC Markets in Melbourne."It gives stability, which is a nice counterpoint to the times we're living in, which are notoriously unstable at the moment.
I never knew investing in bitcoin is this profitable, It wasn't long ago when i saw a post online of people giving testimonies about Mrs. kimjmasonf & how she helped boost their financial status. I decided to give her a try & i can proudly tell you today that it all went well
Those 3 bitcoins i bought years ago while bored at work are looking noice
Too much concentration is the only real issue imo as I said! //www.elonfoundation.space\\\\ is the place 50000+ BTC, ETH and DOGECOIN TO BE WON! cctip_io draw 5000 DOGE 1000 $DOGE
ABCscience Pedocoin does what?
Why does the Australian media always refer to Bitcoin in USD Don’t they understand that cryptocurrency is NOT tied to any fiat currency? Its an Australian news agency. Report in AUD! Which btw BTC is currently $AUD64,000 each! We blew through AUD$50,000 last month!
ABC's supposed crypto 'expert' sees no value in BTC over CBDC's... BTC is decentralised, deflationary, hard $. He's either stupid, or shilling for the finance industry, whose antiquated business model is being completely out-maneuvered by P2P, trustless, blockchain technologies.
😂😂😂Insane levels😂😂😂 Wonder what they’ll say when it hits $100k or $200k? 😂😂😂
What makes you think it's a 'bubble'?
You call it a bubble but it no different than the housing market
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