After Tesla, others began to pay attention to Bitcoin. Is this the future trend

emmybd

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Quote from: Alice_Yu5 on February 17, 2021, 12:16:20 PM

BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

After Elon Musk, many others have also started (mostly rich people) taking interest in bitcoin. This is because there is no other sector where you can make such big profits in such a quick time. Keeping that in mind, some big financial institutions have also considering investing in bitcoin. It's certainly a good beginning for bitcoin and I believe this trend will continue in the near future.

Vatimins

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Blue0x.com

Well, it wouldn't be confusing to see this happen since the guy clearly has good decision making skills and guts which has lead him to where he is now. Of course, people would take his actions seriously either believing in him or believing that there will be people blindly believing in him and so would take advantage of this. Caught my drift? Now, had it been another person, would the same things happen as well? It depends. It depends as to whether the person trying to influence others are credible enough for people to believe in. A good reputation in investing, decision making etc.

The trend could be continued if elon musk continues doing what he does or if another person who is quite famous enough does. This is because there will always be people who just base their actions depending on what others do along with those people who would always want to take advantage of other people's mistakes and all. That's just how it is in this industry.

- So, is this the future trend? In my opinion, yes.

conected

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Quote from: gurunanakji777 on March 05, 2021, 03:24:53 AM

I believe more big player will start taking interest in bitcoin even they will also invest like Elon. Overall its a good thing for crypto market. Hope such moves helps bitcoin to achieve mass adoption and more money in Btc.

- Big players and investors have been interested in bitcoin for a long time, you can look at past news to see who it is but a common state of these players is to live in silence and accumulation, occasionally making some comments about bitcoin, and just waiting for things to accumulate enough, they will come up with new information like Tesla or Elon Musk. Never think this is a coincidence, one or two could be coincidence but too many famous people can only be conspiracy, and bitcoin is really an investment trend in the near future

Kasabus

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Quote from: mindrust on March 05, 2021, 03:28:55 AM

Something is off. Shouldn't Tesla focus on making better cars instead? $1.5billion is not small money and I need to remind you, Elon didn't pay from his own pocket. This is the shareholders' money he is putting on bitcoin. Also Tesla shares went down a lot after this purchase. So I don't think the Tesla share holders really liked that move. It is one of the most dumped stocks now. Lost more than 20% from its ATH.

well, disappointed with the result because I thought they were good after the purchase, and people expecting a huge impact on the market.

But on the other side, Tesla moves into crypto significantly giving attraction to the other companies to follow. As people heard about Elon Musk supporting Bitcoin, Telsa is buying that huge amount, people will think that this investment could really be true in the future. That is probably the appreciation we might hear.

But what happened to Tesla is an internal problem, might stockholders not really confident about Bitcoin but only just Elon Musk. And this will not affect the price trend.

Altcoinsintel

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Blackrock won't invest in bitcoin for the time being. If I am wrong please correct me, but I remember this fund wanted to use the CME futures, which isn't actually investing in Bitcoin. I thought that Blackrock was investing in assets, companies and financial instruments, but I don't know why they only wanted to use the future markets for Bitcoin, or their intentions on their position. Maybe the see an opportunity and wanted to open a long position but this doesn't mean they invest. The futures market is speculative and doesn't have to do with adoption.

Shasha80

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My prediction there will be several companies starting to follow in the footsteps of TESLA by investing in Bitcoin. Therefore, HODL Bitcoin must
be done, because if more and more companies are investing in Bitcoin, will make the price of Bitcoin also skyrocket. Moreover, large companies
will usually invest in the long term, therefore this will make Bitcoin have a bright future. It's only a matter of time waiting for companies like
Microsoft or Apple to invest in Bitcoin too.

Sterbens

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Duelbits.com

if BlackRock has jumped in and is involved in the advancement of bitcoin, it indicates that we cannot be left behind, then we may be more aggressive in owning bitcoin. We see that Rick Rieder has seen the potential of bitcoin, so we must immediately prepare everything possible, Elon and Tesla have been in advance, so the institution will weigh this growth very carefully. let's see the great people have gathered in the same container and brought their respective lifeboats.

imstillthebest

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Quote from: mindrust on March 05, 2021, 03:28:55 AM

Something is off. Shouldn't Tesla focus on making better cars instead? $1.5billion is not small money and I need to remind you, Elon didn't pay from his own pocket. This is the shareholders' money he is putting on bitcoin. Also Tesla shares went down a lot after this purchase. So I don't think the Tesla share holders really liked that move. It is one of the most dumped stocks now. Lost more than 20% from its ATH.

tesla cars are already superior type of cars .
if they wont improve thier previous cars the sales are going to continue but if im one of the shareholders i will rage if elon musk wont ask permision on me but i think he did that before he made his move .
it was understandable if tesla stock dumped because it happened for a reason and that is they invested a billion dollar in btc but if btc pump again they can recover the invested amount with great returns

Argoo

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Quote from: Coinsfera on February 18, 2021, 02:04:32 AM

There have been very important developments regarding Bitcoin since the beginning of the year. The fact that important companies like MicroStrategy and Square invested in it in 2020, Tesla in 2021, and PayPal allowed its users to buy and sell Bitcoin, in a way, Bitcoin got approval.

If this continues in the future, all new large business structures will invest in bitcoin or other cryptocurrency, then the bull market may exist for a very long time. In this regard, states and their governments will also change their attitude towards cryptocurrency. This is very good for its further development.

mindrust

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Something is off. Shouldn't Tesla focus on making better cars instead? $1.5billion is not small money and I need to remind you, Elon didn't pay from his own pocket. This is the shareholders' money he is putting on bitcoin. Also Tesla shares went down a lot after this purchase. So I don't think the Tesla share holders really liked that move. It is one of the most dumped stocks now. Lost more than 20% from its ATH.

gurunanakji777

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SOL.BIOKRIPT.COM

I believe more big player will start taking interest in bitcoin even they will also invest like Elon. Overall its a good thing for crypto market. Hope such moves helps bitcoin to achieve mass adoption and more money in Btc.

panganib999

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Quote from: Wawa2013 on March 05, 2021, 01:32:32 AM

The very rapid increase in the price of Bitcoin this year has made several large companies interested in Bitcoin. Moreover, seeing TESLA is without
a doubt investing large sums, convinced several companies to get involved with Bitcoin. I am not surprised that many other large companies will
invest in Bitcoin this year. That's why the $ 100k price prediction will be hit soon this year, with lots of positive rumors related to Bitcoin.

After the Tesla and Bitcoin news I agree that many people started to get interested in Bitcoin because they saw how its value increases just because Tesla bought a lot more amount of it. It is also a beginning of people making interested on things how to earn or to make profit out of it. Personally, I have a friend who are interested in making some earnings in Bitcoin. She started to become interested and ask me some basic knowledge about bitcoin. She also buy some of it and planning to go trading and some stocks. I guess this bitcoin is very powerful that it can move a lot of people in just a simple transaction.

Wawa2013

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The very rapid increase in the price of Bitcoin this year has made several large companies interested in Bitcoin. Moreover, seeing TESLA is without
a doubt investing large sums, convinced several companies to get involved with Bitcoin. I am not surprised that many other large companies will
invest in Bitcoin this year. That's why the $ 100k price prediction will be hit soon this year, with lots of positive rumors related to Bitcoin.

yohananaomi

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Quote from: bL4nkcode on February 17, 2021, 12:57:17 PM

With the world's largest asset manager, with over $8T in assets under its management, probably it will be the biggest move of all the financial institutions. And it will be too hype than the previous passenger who get on board - tesla.

Soon most financial platforms/institutes will be joining and who knows maybe $100k is next.

It is natural, of course, for a company to follow the trend of large companies that have invested, it is inevitable that something like that will very likely happen. they also want to be able to enjoy what the bigger companies that have done are getting.

while many individuals have taken actions in accordance with the trends that have occurred, of course, will be followed by large brokers who do not want to be left behind to also play an active role.
then it can be concluded that the chain of improvement is just a matter of time. what you predict can and might happen this year, we look forward to it.

Kelvinid

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win lambo...

Quote from: Alice_Yu5 on February 17, 2021, 12:16:20 PM

BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

We are going to expect more changes as Bitcoin becomes trending. Not only rich people and big companies had been in talks about Bitcoin, small businesses, lower and the middle class have also shown interest. Maybe we could ask why?

Market innovations seem to work so well, we expecting Bitcoin will give us the hassle's free life, and yes, we are not disappointed. But as the market becomes bigger and wider, fees are hanging terrible and sad to say that it is a really unfavorable condition if this will be going to continue. Plus, long delays on blockchain confirmation which could possibly give an option for some to loss their interest.

best123

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https://blockmembers.io/

Blockchain and Bitcoin have really come to stay.
The use cases of the technology is very amazing. I am not surprised that Bitcoin is receiving such recognition. Alot of big guys are into it right now.

Sithara007

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Quote from: BChydro on March 04, 2021, 06:59:15 PM

PayPal should innovate or they will die off, there are many business entities that slammed the bitcoin market for a long time because they knew that if there is a massive adoption in bitcoin then those companies would be history and hence they were forced to adopt or else they will die and we will see many companies like Visa and Mastercard adopting bitcoin so that they could continue their domination in the market.

The corporations pouring in money for only one reason to adopt to stay in the business or book massive profit during the rally.

I am really doubtful about this. PayPal adoption of Bitcoin was more beneficial to Bitcoin. PayPal user base is stagnating, and they were looking at ways to revive it. But in the end, it was Bitcoin which turned out to be the biggest beneficiary. I can divide the corporations to four, based on their approach to Bitcoin:

1. Corporations which are indifferent to Bitcoin: Includes Amazon, Netflix.etc. They don't want to get involved with Bitcoin.
2. Corporations that want to accept Bitcoin payments, but not open to investment in Bitcoin: Includes Microsoft and AT&T. They have included Bitcoin as an option for payments but don't want to take the risk by investing in BTC.
3. Corporations that have invested in Bitcoin: Includes Tesla, Overstock.etc. These companies believe that Bitcoin will give them good returns in the future and therefore they are investing in BTC.
4. Corporations which are against Bitcoin, but want to exploit the cryptocurrency sector for their own benefit: This group includes corporations such as FaceBook. They want to steal the technology from Bitcoin, and come up with their own shitcoin.

maxreish

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When there is smoke there's a fire. It means the hype of bitcoin has been well known lately thus big companies like Tesla are taking the considerations to invest in such new kind of asset like bitcoin. We actually started to adopt cryptocurrency in different aspects of use like digital payments, blockchain tech use, virtual asset, etc.

If today, the impact of bitcoin can be widely seen. What more in the future? Not just biggest companies will reconsider it but most of the nations will be united because of bitcoin.

BChydro

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Quote from: robattfield on February 18, 2021, 03:06:57 AM

This was said when PayPal started accepting bitcoin, it was like opening doors for large corporations to invest money in bitcoin, and it seems that everything is going according to what we predicted. And I think next time big corporations in the world will continuously pour money into the market and help prices go up in the future.

PayPal should innovate or they will die off, there are many business entities that slammed the bitcoin market for a long time because they knew that if there is a massive adoption in bitcoin then those companies would be history and hence they were forced to adopt or else they will die and we will see many companies like Visa and Mastercard adopting bitcoin so that they could continue their domination in the market.

The corporations pouring in money for only one reason to adopt to stay in the business or book massive profit during the rally.

milani

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Quote from: Alice_Yu5 on February 17, 2021, 12:16:20 PM

BlackRock executives: We have begun to get involved in Bitcoin

Global asset management giant BlackRock fixed income chief investment officer Rick Rieder revealed in the SquawkBox financial plan that the company has begun to get involved in Bitcoin.

Now, the big bosses have begun to take action.

This trend has started not from Tesla)) Lots of people forgot about 2017. Of course for some time when Bitcoin in 2018 started decrease the trend movement among big bosses and dozens of ordinary people was interrupted for some time. Till the increase of Bitcoin. It is normal situation. Nothing strange in it. But I like this trend and the rising love to Bitcoin))

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