Topic: Apple is buying Bitcoin (Read 822 times)

Recognition of bitcoin as a hedge asset is a positive thing for crypto asset investors amid inflation concerns while stock prices and trading performance are disconnected in the stock market, the ambiguity of bitcoin fundamentals is a force in the current situation. Bitcoin's high price has increased its demand many countries around the world including tesla have seen the high speed of bitcoin and have started buying and using bitcoin. Good idea for stock trading to hold bitcoin apple plans to buy bitcoin because PayPal supports bitcoin many countries have to increase the price of bitcoin to accept bitcoin.

Of course I remember, although of course the circumstances of 2017 are very different from those of now in 2021, I think that the FUD will not take long to generate, now it can happen as you say, but although many say that what moves the The market is the thirst for money, for me it is the emotions that are making the price of bitcoin rise.

do you remember about the hsrga Bitcoin pump in 2017? I really remember, before the news that China banned crypto currency was a terrible thing for bitcoin, and that was news fud before the price of bitcoin pumped to $ 21K, and after fud was announced, good news happened, yes, China again allows crypto country and this makes bitcoin prices soar to ath, and this year I'm sure there will be fud before continuing its bullishness, so please be careful, even though apple, tesla, paypal join in crypto, this is only a positive thing for bullish supporters this year.

Could this bitcoin price increase be related to a purchase by Apple? We do not know, but it is an option, perhaps Apple, Paypal, among others should handle privileged information, is that why they are trusting Bitcoin? perhaps now they have realized the impressive value of the cryptocurrency. If they are buying, they should announce it, if this happens the price is likely to make another big pump.

Apple has its own unique system of payments and they paid alot of money to get it working and own it outright I believe.   I read a story about two now very rich Irish twins who invented the backend for the Apple pay system.   It'd be good for someone to double check that, I could just be remembering wrongly but I doubt Apple is wanting to now use crypto instead especially.   Elon Musk is a pretty unique figure in the world, nobody quite like him and I like him but there's not many like this guy and in such control to make such a large leap on such a scale also.
   250k is the final price target for every major company to hold 10% of spare cash in crypto, thats the figure I just heard from ARK head strategist apparently.   I do imagine we take longer then this to advance this much but Im always too neutral tbh

If more top companies will be investing in bitcoin, some of these small companies will follow thru. And that will give a good foundation for the price of bitcoin. It may correct, but will not be that hard. But for those who will buy now and very fresh in crypto, be very careful as your small funds may increase or decrease in a very short period of time. Ask yourself, what is your goal in going into crypto? Long term or short term? Because if it is short term, would be hard to attain your targets, unless you are not aiming for high profits.

2021 is indeed a shocking year for cryptocurrencies, before Tesla entered and invested in Bitcoin,
and now Apple will also invest in bitcoin, it's amazing to see fomo keep happening, just like 2017,
after fomo there will be terrible fud , be careful.

ALL of the major companies, especially Fortune 50/100, will eventually have some Bitcoin on their balance sheets.

It's not a matter of if, only a matter of when.

I do not know how true this could be, but if it turns out to be true, I can promise you that it will have a bigger impact on other people's money going in then apple actually going in. What I mean is that apple would go in and impact the price for sure, not like they would go in with a million dollars, they are going to get in with a lot of money, in billions, and that will of course increase the price of bitcoin for sure without a doubt.

However I believe the amount of money people will put into bitcoin because apple bought it will be bigger than what Apple put in themselves, which is why I think it is going to be actually a big change for sure, and the impact of people will be bigger than impact of apple. So, we should wait for Apple to actually buy, and if you see it and you are early, you could actually buy it right away and you will still be profiting.

This is what we should focus on more than just investing in Bitcoin. After all, Tesla and Apple are not investment companies. In my opinion, it is the acceptance of cryptocurrencies as a form of payments that will have a much greater impact on the cryptocurrency market than just the information about the investment.

True or not, the possibility of Apple to invest for bitcoin is high that's because of their capacity to deal with finances. The scenario they seen with bitcoin particular on its usability on different purpose is there, so nowadays people is more aware about cashless payment. Bitcoin can be their mode of payment in the future, and they'll able to generate more potential profit aside from using fiat currency.

It is not clear from the article that Apple will be investing in Bitcoin. The author simply comes up with a title that will attract the attention of readers.
Of course, this would be great news for the entire cryptocurrency market, and it is possible that it will happen someday. However, I think we have to wait some time for that.

If it is true that Apple plans to buy Bitcoin this is a good thing, because with Tesla it has already bought Bitcoin. Apple should have followed
in the footsteps of Tesla, I'm sure seeing the extraordinary performance of Bitcoin, will make Apple interested in investing in Bitcoin.
Hopefully it will come true that Apple is buying Bitcoin, so it can make the Bitcoin price even higher.

I think sooner no later, If apple company does not enter the crypto world I believe that this company will aftermost. Now the future of a company is that accept cryptocurrency as a payment method, so the company has no choice except to join the crypto world. Crypto is Future

Honestly bitpay adding apple pay is nothing compared to apple buying bitcoins.
This is twofold situation that impacts bitcoin a lot and that is very important for our future as well.

One of them is people want apple to buy bitcoin in order to say to rest of the world that "even apple owns bitcoin now" to  show how safe and great bitcoin investments could be and that is very important for us, it is a credibility issue and the bigger companies that buys bitcoin the more credibility bitcoin investments have and that allows safer and easier investment towards bitcoin.

Secondly and very importantly we are in a situation where even a billion dollars bitcoin invested starts a huge rally and increases the price insanely high, not only because it was bought but because that purchase triggers others to buy as well and creates a snowball effect.

That's the rumour and it's spreading into crytpo space. But Bitpay Card add supports for Apple pay in USA which is great sign that Apple might enter into crypto space sooner or later. If that happen, more tech gaint might adopt crypto for their services or invest into bitcoin like Tesla did.

Agreed hehe. He did not get rich by gambling on speculative investments. However, I was not talking about him as a person or how he made his wealth. I was talking about his investment experience and his advice that we should be fearful when others are greedy and greedy when others are fearful.

This is good investment advice. If you do not agree with this, that is your opinion.

So this news is not 100% real, even with that, Apple company cant denies that Bitcoin technology is the future technology, and sooner or later i believe apple also will join the crypto community. And as you say "giant company join in crypto space will attract more people to join"

Negative, the article that OP had share is misleading, we can't find any from apple, it all just saying and speculation what will happen if apple also accumulating Bitcoin. Well, the door is open for apple, they will come someday especially when they saw huge potentials over Bitcoin and if they will invest in crypto, it's a fueling matter we will see to the market. Not sure about 25%, it can be higher or lower than that.

I don’t think there was ever a confirmation of Apple buying bitcoin although a lot are speculating because Resla has bought a huge lump sum amount of bitcoin the past week. But who knows maybe they will or maybe they won’t, we just have to keep on waiting and see what happens in the next few months if which company buys bitcoin again.

This statement alone taken from the article presents a hypothetical situation IF Apple were to enter the crypto exchange business. There is no finality yet which is very misleading on the title of your thread, OP.

In case the tech-giant does indeed, enter into the crypto space, then this may start other people and businesses to enter into the realm of cryptocurrencies. This is just the tip of the iceberg and the possibilities are endless.

I can't "forget" that and as an investor, you should know that.

There is no way that investors would miss that information because it could give you information and add to your analysis about a certain movement that will happen. If they invested, that would be a huge pump that will happen, that also means that we need to reinvest, if we can. These things could fruit into your profit so you don't need to "forget" this news.

@adaseb with so many fees this is for sure not a good way for any type of real-world usage.
and it's likewise the same problem with all merchants of bitcoin credit cards.
but there are also other crypto currencies and stable coins so maybe it can be possible have an advantage while using these others currencies... and having an hot wallet  will grant some "swap" or internal "exchange" in the future (maybe).

For sure Apple has enough economic power to launch a new crypto service.
I will not surprised if they will invest directly in this technology, not only with classic investment but with some popular new applications. This will be the real big news!

I used Bitpay many years ago, I am actually still surprised they are still around. When the credit cards were blocked by many countries I assumed they were out of business. Anyways here is the issue that I see with using Bitpay.

To fund your Bitpay account, you first need to send BTC to their address, so you first need send BTC into your Bitpay wallet, and then do a transaction and send from your mobile Bitpay wallet into your bitpay hot wallet and later on it will get sent to some bitpay main wallet, and you need to pay transaction fees for all 3 transactions. Most likely there is a way now to just send it from your hardware wallet into your Bitpay hot wallet but you still need to pay to have it sent from your designated bitpay deposit address which later is sent to some Bitpay main wallet. Yes, they charge you the transaction fee to clear any dust on their network. So at $5 a transaction that is around $15 alone on transaction fees.

Then to use the wallet, I think there was another 2% fee or so because that is the standard credit card merchant fee. If you use your CC to buy Groceries the merchant is charged like 2% or so and this is the fee you will need to cover on your end.

So as you can see there are tons of fees, so maybe good for large transactions like buying a car but not for small transaction like buying a coffee.

I get a bit apprehensive if people feel the need to hype the price with news before its occurred and may never occur, its likely we have hot money speculating on higher and trying to trigger such a move.   We cannot move BTC price continually higher without checking and revising lower prices or it becomes unstable and liable to a sell off which is far more damaging then taking a longer time to wind upwards.
   From a quick look at the charts I'm more bullish if we close above, confirm and maintain a price of at least 47163 where it could accumulate further and break a range upwards.   For the moment its still possible we also may check prices down to 30k still, especially if some only hold BTC via leverage then almost always the market will come calling to check those positions.

A wallet app from Apple for cryptocurrencies would be so convenient, and if they launch it - definitely more people will join the crypto-community, sounds like a dream come true! On the other hand, it would also be profitable for the company.

However, as I understand it, it's only a possibility for now? I didn't find any information proving that Apple is actually intending to do so. And, as the record shows, Apple isn't really a big supporter of cryptocurrency. If I'm not mistaken, years ago the company even excluded blockchain app from the AppStore, didn't it? So, sadly, but it seems that for now, Apple is still more likely to go for electric vehicles project.

This is a good alliance between Apple Pay and BitPay that will allow cardholders to buy from the store. I wish that the commissions in these applications were not so expensive at the time of making the transactions because the effect would be negative for the crypto users.

If we have resorted to bitcoin and cryptocurrencies precisely to avoid the cost of traditional transactions and other inconveniences. That would be the only observation I have, it is generally nice news to more payment instruments for crypto users, better is the competition.

https://www.coindesk.com/crypto-payments-provider-bitpay-adds-apple-pay-support

They choose the right decisions to adopt cryptocurrency bitcoin on their payment system, and with that potential surge of 25% I think more apple users will gain interest for this news. Services is very important for them, and hopefully it also brings more progress for bitcoin as it contributes to the worldwide growth of it economy.

It does not surprise me that Apple buys Bitcoin, now that the era of Paypal, Elon Musk, Microstrategy are buying, it is time for the large corporations to buy, also that the shorts in Bitcoin are closed, the volume shows that there is a large amount of purchases in Right now, of course this is days, as it gives an idea of how the daily market moves.



Source: tensorcharts.com

If it is appreciated, there are purchase orders in more than $ 50k, this means that a lot of institutional investment is buying in the market, of course they cannot buy at once because it would cause a large increase in the price, Apple may be in it ...

True, but I wonder if other companies are actually going to follow in the footsteps of MSTR and Tesla and actually outright buy bitcoin as their cash reserve (or whatever they're using it for).  Should this become a corporate trend, you better strap yourself in for a realbull market--$50k will be cheap at that point if the deep pocket companies start buying.  And hell, it seems like that trend has already started, though it hasn't yet been a long one.

Yeah, he did some of that but he also has the knack for finding undervalued companies that don't need restructuring--but in any case, Buffett's name should probably be left out of this discussion, since he'd never buy any crypto through Berkshire Hathaway.  His shareholders would probably dump their stock like crazy if he veered off the path of value investing.

Just remember, he didn't get rich by gambling on common shares bought through stockbrokers.

He got rich by buying controlling interests in companies, restructuring them, and returning them to profitability.

If they decided to follow Tesla, Apple could make a lot bigger news than Tesla ever did. Not because Tesla is small or something, Tesla is big too, they are huge, but this is basically the biggest company in the world and they always have extra cash laying around.

Tesla is still growing believe it or not, I know that doesn't make sense to some people but Tesla is still building manufacturing places all over the world, and will be much bigger and will manufacture and sell a lot more cars, you can pay for a brand new tesla car today and get it as late as a year later in some situations, that will reach to order a brand new one and get it right away situation in the future which means tesla is still growing.

Apple already became that big, you can go to any apple store and get a brand new one, of course building a phone is simpler then a car (and apple will build a car too) but apple do not have too much costs but have insane amount of profit so they always have extra cash they do not put it back into the business.

If Tesla invested 1.5 billion USD worth in Bitcoin to be able to use Bitcoin as a payment option, then what is the purpose of Apple buying Bitcoin? Just to be in trend? Or there is a hidden meaning behind this all? I dont believe they will really add Bitcoin as a payment option in their wallet app. I think it will be like in Paypal, you can only buy Bitcoin after you have transferred fiat on the account; you can not transfer Bitcoin from you wallet to PayPal. Same will be with Apple, but these greedy bustards will add some intermediary fees.

If you are an investor, you will forget that thing. Just focus on bitcoin price movement so you will get a profit from it. The mass adoption has came, we don't need to doubt which company who will accept bitcoin anymore, they will accept it eventually. Our efforts to support bitcoin became a future technology that will be used by most people is coming so we have to create another target from it, I myself will focus on buying bitcoin as much as I can. I'm happy that I still here until now and I must happy as well when bitcoin has a high price. Remember this quote, by the rumor and sell the news, that will help you earn money from bitcoin.

This news is on mainstream media that's why many people speculate that to happen and there are so many what if floating right now. If apple will decide to adopt bitcoin after tesla provably this could give another huge break on bitcoin and expect that we can see more pump since the hype for that is so strong so no wonder other more big names in the business industry will add it up on their options.

Also it's normal to see bandwagons especially at elon side  since wherever the money is for sure we can find them there and it's a business so don't be surprised on that actions.

People are enjoying the bull run too much that they are too eager to push the Bitcoin adoption that fast by making such speculation of bigge lr institution to join in. Apple company hasn't been releasing any statement about this matter because they don't really care that much for now but Apple is not the only huge entities out there that could possibly move the market price again and push the Bitcoin adoption. Some people can't comprehend the situation of the market that they thought bearish market is coming after the price correction hits but it's unexpected to see Elon Musk join the bandwagon that really push a new ATH of Bitcoin.

We are sitting in a sea with many waves and we are trying to get to the beach and live in that big castle over there. Everyone is avoiding those tiny waves and trying to follow the big ones that will vanish shortly and we will regret not catching it up early... We must have the courage to get to those tiny waves as early as possible. I discouraged friends to invest when the price was $35k and told them wait it is getting lower and you can buy it with a better price, now it is $48k. We will never know when there will be a bear market so what I should say is: never invest what you can't afford to lose, study the market and the possibilities and you can start whenever you want and never regret.

I am hearing these speculation in social media for the past few days after Tesla informed the SEC that they purchased $1.5 billion worth of bitcoin and the speculation started to rise with other companies as well and Apple is one company that is said to invest by all the speculators even though there is no information by any authority figure from the company.

What i really cannot understand is why all these speculation, the price of bitcoin has already rallied to valuation we thought was not possible in the past few months and let it hover around before the next rally  .

Well, it's not been confirmed yet but if they decided to follow the move of Tesla then that would really make crypto hype again. As a matter of fact, this will definitely set a new ATH and reach a $100k market this year once other big companies come along but for now, it's just a rumor. However, I am having a hunch now that a big company like Tesla is now venturing into crypto later on those big companies will follow that is why as much as possible fill your bags if you don't want to miss the opportunity.

That might change.

Tesla already bought Bitcoin and there are rumours about Apple and Amazon following the move of Tesla. It is still a rumour so I am not expecting that they will actually do it still, with the current demand, I think they will reconsider especially Amazon. In terms of Apple, I don't think they will be following the steps of Paypal if they actually take that step. It will be more like them accepting Bitcoin to their products.

Don't Jump into conclusions because there is no such thing in the article that says "Apple Will Buy Bitcoin" in a way there is a "MAYBE" but that is far from buying as they are only considering the option.

and Apple? lol it looks like you are talking about Amazon  as they have the same stand since then.

perfect catch , Apple is far different from what Bitcoin is all about , centralization vs Decentralization .

There are no official announcements from Apple yet so this is just a rumor. If this really happens bitcoin will easily surpass the $50k price. Bitcoin's been stable now quickly recovers when it goes below $45k so buying at the current price between 45k-47k is a good choice for me. It's already Chinese New Year and the dump I expected did not happen so I guess new ATH will occur very soon.

I would be moderately surprised if Apple bought into BTC directly, it seems completely contrary to their corporate ethos.  They seem to follow a highly centralised, highly controlled approach that is just not aligned with Bitcoin.  I can imagine some sort of controlled access to BTC via Apple Pay similar to the PayPal setup but it won't be "real" bitcoin ownership.

Just looking in last 6 months the way institutions have started to buy and showing interest seems that this market could be potentially very big and strong by end of 2021 or by 2022. Bitcoin is growing and those invested just 3-6 months prior are already on huge profits in few months and this lures many institutions as well as they can make money from it even if their other unit might be not making profits.

This is one thing that I never understood. Why we Bitcoiners give so much importance to people who hate Bitcoin? Until two weeks back, Warren Buffet was the most talked about billionaire here in Bitcointalk. I could give you the list of dozens of threads in which he is being mentioned. Even more funny is that some of the users are still expecting that he would endorse Bitcoin. And scammers such as Justin Sun have also tried to promote this living fossil.

For my part, I believe that this is one of the failures from our part. We give too much importance to individuals and organizations that are opposed to Bitcoin and we ignore those who stood by us. A perfect example is Patrick M. Byrne of Overstock. He was perhaps the first corporate head to endorse Bitcoin. But there is hardly any mention about him here in this forum, and the last time I heard about him, he was facing a lot of personal and professional issues.

That type of logic that apple has which means they need to own a share of the company if they are going to work with them, is actually quite smart and also a great way to make more money as well. They could straight up buy the car manufacturing company as well if they want to, they are so rich that if they want to they could pay with shares and get some car company, not the biggest ones obviously but a small sized one could be bought up very easily.

This would allow them to both work to build their own car, but also they would be capable of making the profit all for themselves without paying anyone else, everything they work with will be theirs and will be pure profit aside from resources of course. Apple could potentially move towards being more like Samsung, having fridges, washing machines etc, be more household stuff after this, that is like a decade later plan but I feel like apple found a way to grow so much bigger while everyone doubted them to find a growth from here on out.

@JimboToronto. No, I mean the Warren Buffett who has made more than $1 billion from investing. He is certainly wrong about bitcoin, however, he is not wrong on giving that advice. You do not agree that we should be careful? You do not agree that the market will become a bubble?

Warren Buffett? You mean the guy who called Bitcoin "rat poison squared"?

@snipie. Warren Buffett has said be greedy when everyone is fearful, be fearful when everyone is greedy.

This might be the time to be fearful. Everyone is beginning to act irrationally like there is no bear waiting in the wilderness and ready to pounce when everyone is not ready hehehe.

Once Apple and Google declares just its intentions to invest in bitcoin and you will see the spectacle, I am talking about not less than 10% surge. Now once both companies will buy a large amount then we might start talking seriously about 1mbtc to usd rather than bitcoin

Bitcoin is always king and if Apple shows interest to buy bitcoin, then a lot of people will adopt bitcoin easily. Still there are a lot of country where bitcoin is not legal. People will understand the importance of crypto currency.

Well, it is not about Apple buying bitcoin but a "what if" scenario if the said company buys or add to their stocks crypto currencies. With a lot of companies and corporations trying to get their hands before the huge pump, I guess they will consider it and will start another run to the moon, maybe $100K being the moon this time.

Yes, that's correct.
They will speculate until it reaches $100k.
$10k for Apple, another $10k when Google invested, and so on and forth.
It's a non-stop imagination that will be created by those rushing the upward spike of bitcoin.
Actually, that may be bad for the market of cryptocurrencies instead of a healthy market.

People will start speculating about manipulation once again.

This is misleading, just another click bait article to be honest. Although its not far from the truth, but as of now, we can just speculate. Of course, if they decided to invest it will be another great news for us. But so far it was just Elon Musk and his Tesla as one of the biggest bitcoin investor so far. So we will have to wait and hear it from Apple itself whether they are really into bitcoin investment or not.

As clearly in the message and also done some of my research about this because i heard some of people are talking about it , apple doesn't going to buy bitcoin and they do not have official statement about the that since if they do maybe they just add some payment method it is because some of big companies started it and if they going to invest too then bitcoin will never stop it's bull run and will continue to rise up and many companies nowadays are too optimistic also it is much more better if we do not assume and always wait for their final statement regarding on this kind of topic.

PayPal is a bad example of Crypto adoption but nevertheless it help Bitcoin reach a new height in terms of publicity and noise but when it comes to positive feedback about trading it failed to impress traders and holders, I hope these institutions will not follow PayPal example and let traders have control on their coins.

Do not believe that like it is the bible, they are very behind on their numbers, Grayscale has over 500k+ bitcoins right now and it is not even listed there at all, I think it should be listed a lot earlier and it should have been at the top but it is not. This doesn't mean that Apple bought bitcoins or didn't buy any bitcoins, I do not know about it and I have heard about it just like you did, there was no fact or proof of it but there was a lot of discussions about how they bought some on the side for wealth distribution but that was all I heard as well.

All I am saying is if they didn't buy it, the proof is not that website and if they did buy some it would be expected to be not on that list as well, they are totally fine things. I personally believe that this list is worthless and it would help you see some few minor stuff but not the whole picture.

Agreed. Also, the bitcoin news media outlets that are hyping Apple are insulting their readers’ intelligence. They only want your clicks and your attention.

Everyone who reads business news knows that Apple is looking for a partner automaker to build its Apple car. They would also know that Apple might not go into a partnership without buying an ownership stake of the automaker company. This would imply that Apple will need every dollar in their treasury until a deal is made.

Well, only if they the Apple have something big for the community then they might decide to buy some stash of Bitcoin, but, this is not likely to happen based on the information you shared above. The above link show that they are likely going to add crypto services to wallet and not buying bitcoin. Though in every rumor there is truth, hope to see more of their involvement into crypto in future which will help crypto spread like wide fire.

Perhaps, there will be other top companies that will invest in bitcoin in large amounts. Obviously this will build hype after Tesla invested first.
Look to the future what will happen to this speculation, do the companies in the world really want the crypto industry to be bigger or just want the hype they create? I am afraid that this is just their talk so after rising so high they give bad news about crypto which makes everyone panic and throw it away.

We can deny that Cryptocurrency changes everything, and people who invest in crypto be better. A big company like apple also sees this fact, so they don't want to miss the chance to join in cryptocurrency.. I sure that so many companies will follow apple's step

It seems that the title of the article and topic this thread is a bit misleading. After what Tesla did, many companies are wondering whether to do the same and invest in cryptocurrencies. By doing what the author of this article does, we can now write the same of about 80% of companies in the world.

If Apple is already buying Bitcoin, then the company will be listed on here https://www.coingecko.com/en/public-companies-bitcoin

Since I don't find Apple.Inc on that's site, so Apple still not buy Bitcoin... it's only a rumor.

Probably this is good time to buy Bitcoin, as many people say Buy the rumor sell the news

If we analyze the news, we will discover the following:

 - Apple has enough money and made a lot of profits, why do you need to buy bitcoin?
 - Regulators (SEC) will monitor Apple and it could face a lot of violations if this happens.


News like this makes me more optimistic that the price will soon collapse. Many people start out very positive when good news happens (FOMO & FUD.)
If Apple is planning to buy, no one will know until after they do it, although I rule out that it will happen soon.

It is a good thing that Apple is planning to buy bitcoin but they are still the scummiest company there is, removing features to their phone but says that it is revolutionary is the most bullshit statement ever and the funny thing is the fanatics swallow those lies like a good dog they are. If it comes to that point that Apple is going to buy Bitcoin for real, I think that we will be seeing a big pump in their stocks too because this will be another publicity for Apple. God, I wish that no one is supporting this scummy company, they exploit workers and they sell overpriced smart phones that can do the same thing as the most cheap good phones that are on the market.

I'm more opted to believe that they're trying to make Apple believe that their stocks would go up if they bought crypto, but let's be real here, Apple ain't an idiot and I'm pretty sure they have their own analysts and whatnot. There's absolutely no need to do this nor predict this, since honestly, it'd probably just invite FOMO to those that are not really holding stocks of apple. Additionally, there isn't even an ounce of news that Apple IS buying crypto, it's more like the analyst just assumed that if Apple ever bought crypto, then they'd go stonks.

I also found 2 news regarding this rumor. There has been no official announcement from Apple if it has bought Bitcoin. But if one day that happens, of course this is good news, more large companies believe that crypto will have a positive impact on its development in the future.
https://www.cnbc.com/2021/02/08/apple-may-be-the-next-notable-company-to-buy-bitcoin-rbc-says.html
https://www.bloomberg.com/news/articles/2021-02-08/apple-bull-suggests-creating-crypto-exchange-and-buying-bitcoin

the article didn't have anything on it saying apple will buy BTC. we could speculate they will but until there is no word from jeff bezos, there ain't no good writing article for it. apple would be good if they are on the crypto side though. everybody is joining the crypto side, they should be we already have elon musk.


Applepay could be a good platform like Paypal. user base they are not really big but if they could allow BTC, they may earn users especially if they allow withdrawing BTC.

As others have pointed out, Apple MIGHT be considering buying bitcoin.  This is a misleading title and should be changed.  Did you even read your own article posted?

Apple may very well add bitcoin to their assets, but I think it is more likely that they join the crypto space as PayPal did.  Apple Pay is obviously a massive platform where if they added buying and selling bitcoin, it could open up a whole new world of income opportunity and I believe they are more likely to do this before actually buying a bunch of coins...but of course this is all speculation right now.

Apple buying Bitcoin? Thats not what article implies, it just state that if the company will jump in crypto space or purchase Bitcoin it could spark another rally.

But one thing is for sure, more companies might follow after what Tesla did. The raise is on for companies to adopt Bitcoin and I think this could be the best year for Bitcoin due to huge volume of interest interest in every corner.

Apple is not buying.

This is "the analyst" prediction that *if* Apple shares can jump higher if the tech giant steps into the cryptocurrency market.

While in the Tesla case we had an SEC disclosure that they *bought*.

If Apple indeed buy and disclose in the same manner, the hype will be huge, and Bitcoin will be easy $100k

This article is like analyst recommendation or perspective of what Apple Stock price will be it invest in bitcoin. Well, Apple is a very great company in the tech space, which we all know that the crypto and blockchain are part and parcle of the tech.

Apple has a history of performing better when it enter a new industry, like the iTune, when he entered the podcast industry, the Odeo Corporation could not continue due to the stiff competition.

If things go as they predicted that means that Apple would make good money for its sharholders.

You spun an entirely different idea from what the article is stating.

It only states inference on the status of Apple if they accepted crypto; nothing about them buying bitcoin. This is disinformation, and while we really want to get the most people on board the bitcoin train as possible, we don't want to fool them by doing these type of posts.

But if Apple really opens up to the crypto market using their Wallet app, they aren't too far from actually getting some crypto for themselves. A lot of possibilities, but not realities until they actually pulled the trigger and do it.

Umm, to be honest with you, I am skeptical of this move by Apple. Maybe Apple might just be showing an interest but not really into something that would resort to actually buying Bitcoins. Apple has shunned cryptocurrencies for many years and it is strange to see that it is just showing an interest now. I might wonder if they buy one billion worth of Bitcoin and then after the hype will end up as a winner doubling or tripling their money because of that hype. Good strategy I should say.

"Apple shares can jump higher if the tech giant steps into the cryptocurrency market"

"Apple could supercharge its move into the crypto industry by buying $1 billion in bitcoin for itself"

So.. where's the proof that Apple is actually going to buy crypto? lol. None, because it's purely just theoretical. Quick reminder for everyone to actually read the articles being linked.

We all know Paypal has adopted Bitcoin, and prior to last weeks announcement VISA were
providing services by its card, last week they announced further interest in Bitcoin

Visa Signals Further Crypto Ambitions With API Pilot for Bank Customers to Buy Bitcoin


So who are their main rivals, Apple Pay, Google Pay and Mastercard, its just a matter of time
before there is news that any one of them are getting into Bitcoin

First Paypal, now Apple, soon every other wallet is going to be adding BTC but the question for me will always be, if it's not a real Bitcoin wallet, then why should anyone bother? Paypal I get it, for US people hard to buy Bitcoin but apple users are probably already paypal users, right? Or am I missing something here.

Misleading post title and false affirmation.
I suggest you to modify the title of this post or to lock the post since it is highly misleading version of a speculation of unconfirmed sources.

Apple not buying btc it is considering to add crypto trading to thier wallet. This is also going to be huge. Many Apple users will have direct access to trading.
More big companies will follow the suit. Elon mask has already announced tesla accepting btc soon.

This is still a speculation and this could be a misleading info. But if it ever comes to that, Apple will definitely be buying more bitcoin than expected. I really don't want to get excited about this kind of thing but since you can buy bitcoin in ApplePay, I think that this speculation will be going somewhere.
Facebook has Libra and I don't think Mark will be exchanging his project that is set to launch this year with bitcoin.

I am sorry but I couldn't see that from the article you shared so please change the title of your thread as its misleading and kinda clickbait. It's just about speculation what would happen with Apple stocks if they decided to add cryptocurrency services to their wallet and that "Apple could supercharge its move into the crypto industry by buying $1 billion in bitcoin for itself, the analysts said, adding that it could attract more users to its Wallet-based exchange and likely lift bitcoin's price".

After news of Tesla investing 1.5 billion USD in bitcoin we are going to hear similar speculations about other top companies, building up a hype.

Apple might* buy bitcoin. Although it's quite likely.

News are coming that Apple is going to buy cryptocurrency.

Apple can surge another 25% by adding cryptocurrency services to its Wallet app, RBC says :
https://www.businessinsider.in/stock-market/news/apple-can-surge-another-25-by-adding-cryptocurrency-services-to-its-wallet-app-rbc-says/articleshow/80757342.cms