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Topic: After Tesla, others began to pay attention to Bitcoin. Is this the future trend - page 2. (Read 450 times)

legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
the increasing bitcoin adoption is going to be the trend for at least another 10 years because firstly we are just getting started and the majority of the world is not yet aware of bitcoin and its potentials and secondly it is because they are all slowly figuring it out and after seeing a decade of excellent performance despite all the attacks and FUDs they have a higher confidence in joining the bitcoin world.
hero member
Activity: 2128
Merit: 520
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.

There is no way that the great attention of world financial giants and world leading companies to Bitcoin can go unnoticed. We have witnessed news about Goldman Sachs, Chicago Board Options Exchange, JP Morgan, Tesla, Citibank, MicroStrategy and many more related to the fact that they are beginning to trust Bitcoin and the crypto world.
This can really be the beginning of a better future for the crypto world.

Indeed! And the fact that those millionaires do also have social life, For sure talks about new venture

are being discussed, with how those early inntitutional investors are gaining right now, new sets of

interest coming from those interested players are raising high. For now we are just speculating and

waiting for information to whoever new investors to adopt this system.
legendary
Activity: 1197
Merit: 1001
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.

There is no way that the great attention of world financial giants and world leading companies to Bitcoin can go unnoticed. We have witnessed news about Goldman Sachs, Chicago Board Options Exchange, JP Morgan, Tesla, Citibank, MicroStrategy and many more related to the fact that they are beginning to trust Bitcoin and the crypto world.
This can really be the beginning of a better future for the crypto world.
sr. member
Activity: 910
Merit: 253
Hodlers Network
Tesla have its own decision,But most many leading companies still scared from crypto.I think crypto is for proactive leaders and investors,Elon musk took initiative because he peronally know the crypto.But i think in future leading companie swill adopt the crypto.Either,for investment purpose or transaction purpose.There many benefits of crypto which can be helpful for the companies to reduce the expenses and generate the revenue.
hero member
Activity: 2562
Merit: 577
Microsoft does not yet plan to join this game.

Don't be so sure, you never know what is cooking behind close doors, they may not say anything yet but they must have been seriously considering it imo, by joining this trend, there is a lot to gain than loss, am sure Elon recognize the many benefit of joining this trend hence his decision to invest such huge amount, Microsoft can not afford to be left out on this great opportunity.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
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 just integrated with an exchange so they are not receiving any bitcoin into their wallet and you're not either. Big companies are not going to invest their money on such custodial services where they actually mentioned that they will not cover any losses if there is hack or loss of coins for other reasons.
full member
Activity: 783
Merit: 108
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.
full member
Activity: 1750
Merit: 118
it was already predicted before that whenever there is a huge company invest in btc , every big companies are then going to follow and did really came true  . it was all started when a giant payment solution paypal entered btc and eventually tesla came in and now we have that company that you featured in the op . now whats next ? well that was a surprise for us to know but before that happens and before btc finally shoot up to 100k we should already have our own money invested in btc
full member
Activity: 452
Merit: 101
The concept is pretty good, I think they make good decision by make the holder will receive a simple cash credit after the end of contract, it so practical. Good sentiments keep coming, it seems that this bullish market is for long term. I think even for people who buy bitcoin now will still get profit.
full member
Activity: 1024
Merit: 100
Microsoft does not yet plan to join this game.
but it is possible that in the future Microsoft will be interested in blockchain and crypto. so just wait, more and more institutional investors join it will open up opportunities for big companies to develop blockchain. I'm sure they don't want to be left behind. so sooner or later they will definitely adopt blockchain or become one of the crypto investors.
copper member
Activity: 238
Merit: 1
Buy Bitcoin in Dubai | Buy Bitcoin in Istanbul
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.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
I think that it is definitely a future trend, Elon musk is a freaking huge public figure, he had an early hand in Paypal and cashed out. Now he has Tesla a budding electric car company with luxurious top of the line models that can damn near drive themselves. Musk has Space-X and now even a big Bitcoin Investment. Shortly after many celebs started buying in, like monkey see, monkey do. Fortunately for us, that drives more traffic into the market and our investments grow!  Cool
It is not the future trend, it is already a trend. Companies pouring money into investing in bitcoin has been around 2013, that was around Grayscale time. The only difference is that the Fortune 500 companies are looking at bitcoin's direction. Hopefully with Musk's as a spearhead for other celebrity entrepreneur, this will drive up the prices so high. As mentioned in the quote above, with celebrities buying bitcoin the market prices will increase because not just the celebrities are buying but their fans that want to imitate what their idol does.
hero member
Activity: 3164
Merit: 937
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.

"Getting involved in Bitcoin" still doesn't mean buying lots of BTC.
However,this is pretty bullish news.Having the biggest asset management fund in the world to buy some BTC will be a great marketing move.Bitcoin is no longer a scam or a shady project in the eyes of big institutional investors.The hype around BTC is going to grow even more in 2021.
Maybe the Blackrock guys are onto something...Maybe a big financial crisis is coming after the pandemic.
I don't know,this is just a hypothesis.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
It is not a future trend. The trend has been lasting since 2020 till today and will keep continuing in the future.

Bitcoin Treasuries. Many institutes began the trend in the last year and the number of companies, the total capital invested in bitcoin by them have been increasing exponentially. It is a good expansion to a bigger trend in the future. Grayscale is the leader of this trend.

https://bitcointreasuries.org/
member
Activity: 224
Merit: 36
Something worth noting is that the announcement was from the Blackrock chief investment officer of global fixed income.

That basically means bonds.

It's interesting as probably the first big mainstream investment company to buy bitcoin for investors was Ruffer, and they are a dedicated sort of fixed income / bonds type company.

The Blackrock bonds guys are probably taking the lead from Ruffer on this, who actually sold half their bitcoin investment recently and doubled their money, and probably therefore made their profit for the year.

I guess what I'm trying to say here is that although some people here like to try and compare Bitcoin with stocks like Tesla, in the investment world (I mean investors on behalf of other people, not corporates like Microstrategy) they seem to be seeing it in the same basket as cash and bonds.
hero member
Activity: 2366
Merit: 594
2021 will be the start of mass adoption of bitcoin and other cryptocurrencies.

Not like Tesla that really bought a huge amount of bitcoin, some major companies like MasterCard are now planning to include bitcoin and some crypto to their platform. This could attract alot of attention because many people are using it to pay for their necessities. https://www.investopedia.com/mastercard-will-begin-facilitating-cryptocurrency-transactions-in-2021-5112531

Apple is also rumored to buy bitcoin, but no official announcement has been made yet. They are one of the tech giants so if this comes true bitcoin could easily reach $60k before the end of the year. https://www.zerohedge.com/commodities/apple-about-announce-5-billion-bitcoin-purchase-one-bank-thinks-so?
sr. member
Activity: 2828
Merit: 344
win lambo...
This is how we go into market innovation from traditional (use of paper money) to Digitalization. We can't hide the fact that people are wanting to have an easy life, by having this new technology, cashless payments satisfied the needs of the majority.

However, we can't say also say that traditional way of payment, even businesses will vanish because of this. But, for them to improve and go along the competition, they should have to adopt and this might happen that it can be totally changed soon. But, for a better one.
newbie
Activity: 3
Merit: 0
BlackRock executives: We have begun to get involved in Bitcoin
https://netmag.pk/bitcoin-hits-51400-as-investments-in-the-digital-currency-rise/
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.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
The institutions and the rest of the world private business that once said cryptocurrency is a bubble and highly speculating material now invest in crypto in totally a memorable achievement for Bitcoin and others reputable altcoin but if the pandemic issue doesn't happen the institution won't have invest in crypto. This reminds me the quote that says "good things sneak through the door we don't know we left open"

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.
OP, thanks for the news but you ought to include the news source.
newbie
Activity: 3
Merit: 0
Cryptocurrencies soon to be eligible for both Google Pay and Samsung Pay
https://netmag.pk/cryptocurrencies-eligible-google-pay-and-samsung-pay/

   Sim, agora os grandões começou a ficar ganancioso, em curto prazo tem grande investidores institucionais investindo fatia das suas riqueza no  bitcoin.
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