J.K. Rowling, Author Of Harry Potter Is Interested in Bitcoin, Time To Short?

camito

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Quote from: Astargath on May 15, 2020, 03:43:57 PM

https://www.coincurb.com/news/j-k-rowling-author-of-harry-potter-is-interested-in-bitcoin-time-to-short/

'Bitcoin is taking a big hit today, currently trading at $9,360 after briefly touching $9,800 in inter-day trading. Bears are back in town after the recent $10,000 rejection, however, the interest in Bitcoin seems to be growing.

Legendary author, J.K. Rowling, has recently shown her interest in Bitcoin over Twitter.'

I say J.K. Rowling has this huge influence over lots of fans from Harry Potter, and I am one of them. It is good of course, to see her interest because that would mean more fans from Harry Potter going to Bitcoin. But, this statement, does not prove or give jurisdiction on Bitcoin's profit today or this time of the year. We should still anticipate more earnings and market rise, considering Bitcoin had this downfall before. But overall, this could mean something and we are all anticipating more kinds of statements with higher profit and better revenue.

pakhitheboss

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Quote from: Mahanton on May 23, 2020, 05:12:26 PM

Why short?

Its been said that shes just trolling out the entire bitcoin community https://www.insider.com/jk-rowling-jokes-bitcoin-ethereum-elon-musk-twitter-2020-5
This woman do really take some advantage on her popularity and trying out to hype his eth holdings?
When it comes to sentiments like this, its always ideal not to easily believe or make immediate actions just because they up into something.

She trolled and everyone in the community got trolled. I doubt she has been holding Ethereum too. I guess she is trolling not just the Bitcoin community but the whole cryptocurrency community.

Recently there has been many instances where the community as a whole has been trolled by celebrities. We ca add her also on that list now.

Mahanton

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Why short?

Its been said that shes just trolling out the entire bitcoin community https://www.insider.com/jk-rowling-jokes-bitcoin-ethereum-elon-musk-twitter-2020-5
This woman do really take some advantage on her popularity and trying out to hype his eth holdings?
When it comes to sentiments like this, its always ideal not to easily believe or make immediate actions just because they up into something.

pixie85

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Quote from: Astargath on May 21, 2020, 08:32:58 AM

Quote from: pixie85 on May 20, 2020, 08:05:45 PM

I don't get why people interested in BTC like OP can still say such naive things like "bitcoin is taking a big hit"

The sky is falling! Bitcoin went down from 9800 to 9400 time to short and it doesn't matter that it was lower than 9400 just 5 days ago! Let's make a big thing out of it and keep saying that it's a big price hit because nobody will remember that this month we were trading for 8500 Wink

Any serious trader knows that an asset going from $9,800 to $9,400 is a bit hit. Perhaps if you only have $100 invested, you will not feel like it's a big hit but it is.

I have more than 1 Bitcoin and it's not a serious hit. It's a joke.

Don't compare traditional assets with Bitcoin. Bitcoin is a separate class, a first of its kind.

Normal assets don't go down by 70% one year to go up by 300% next year. For an investment that every year moves by at least 50% up or down 5% is nothing.

Moyna Akter

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I think that it is just her personal opinion or nothing and also not trustable information. Because Bitcoin is in a bullish situation and there is every possibility to cross 10k very soon. If bitcoin price will decrease a little, then it can increase up very soon. So do not be affected yourself by this news.

Astargath

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Quote from: pixie85 on May 20, 2020, 08:05:45 PM

I don't get why people interested in BTC like OP can still say such naive things like "bitcoin is taking a big hit"

The sky is falling! Bitcoin went down from 9800 to 9400 time to short and it doesn't matter that it was lower than 9400 just 5 days ago! Let's make a big thing out of it and keep saying that it's a big price hit because nobody will remember that this month we were trading for 8500 Wink

Any serious trader knows that an asset going from $9,800 to $9,400 is a bit hit. Perhaps if you only have $100 invested, you will not feel like it's a big hit but it is.

pixie85

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I don't get why people interested in BTC like OP can still say such naive things like "bitcoin is taking a big hit"

The sky is falling! Bitcoin went down from 9800 to 9400 time to short and it doesn't matter that it was lower than 9400 just 5 days ago! Let's make a big thing out of it and keep saying that it's a big price hit because nobody will remember that this month we were trading for 8500 Wink

Sadlife

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People JK Rowling needs to be educated about why Bitcoin is the best asset against hyperinflation that is currently taking place in USD. But im disappointed how crypto community explained what Bitcoin is, most of it are extremely complicated. Forgetting JK Rowling is just a newbie without any knowledge about our terminology. I guess my best answer is coming from Elon Musk.

BuNga_cute

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I am increasingly convinced that bitcoin will soon be used by all people in the world, because of its rapid development. Now this is bitcoin
has already reached the price of $ 9500, it will not be long before the price of $ 20k. So I'm not surprised more and more celebrities and
famous people like J.K ROWLING got interested and wanted to learn bitcoin. And I'm sure if they learned bitcoin, they definitely interested
investment in bitcoin, because bitcoin is profitable.

Sirait

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It was an incredible uproar even Elon Musk and Justin Sun commented on J.K Rowling's tweet

the uproar created by J.K ROWLING will not have a major impact on the price of Bitcoin but this will attract attention and if things like this continue to be done by influential people, Bitcoin will become more strong

DarkDays

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Not sure how somebody showing interest and placing a big spotlight on Bitcoin indicates it's time to short.

Wouldn't that mean that the market is more likely to pump? Unless of course the majority of the surrounding discussions were negative?

Seems like Elon Musk, CZ and a bunch of others chimed in too, and yet Bitcoin did in fact dip temporarily.

I doubt it had anything to do with JK though, probably more likely the fact that the Bitcoin.org domain is about to change hands—potentially indicating a hostile takeover is imminent.

DevilSlayer

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I do not know why there are people who hyping their selves after seeing a post of a celebrities, billionaires or we can say famous person about bitcoin. It is normal to see that there are celebrities or famous people to become curious to bitcoin but it is not matter when a famous person become curious to it and it doesn't mean that the price will go up. It is better if we will focus to the price action rather than hyping ourselves on the post of some famous persons about bitcoin.

so98nn

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Yeah it seems like that. Same news was flaunting around in Indian News Express.

Saw the news today here : Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and the internet loved it

That is good gesture bitcoin when public figures are talking about it. This indirectly makes middle man to think about it or at least search crypto over internet.

bitbunnny

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I really can't see why this is important.
First of all, she said something rather undefined about Bitcoin and even if she has supported it openly that wouldn't change anything.
I think that people just care too much what public and famous persons say but in case of Bitcoin that doesn't have any relevance because in many cases they usualy say this for their own promotion and for Bitcoin community that doesn't make any significant difference.

Wind_FURY

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Quote from: hatshepsut93 on May 16, 2020, 06:53:08 AM

Quote from: mk4 on May 15, 2020, 10:14:26 PM

Shorting just because a big name has been Tweeting about Bitcoin is a really bad idea.

In the first place, it's not like J.K. Rowling was posting bullish Tweets. She says she doesn't understand it, but at the same time somewhat biased against it. Probably be a good idea to stop giving her attention on Twitter.

https://twitter.com/jk_rowling/status/1261416653809545216
https://twitter.com/jk_rowling/status/1261429151745146883

She may be trolling, but still I think it's a good demonstration of how detached from real world the crypto people have become. They live every day surrounded by buzzwords like "decentralization" and "blockchain" and expect that people who can't even install Windows would understand what they are talking about. And they don't understand that regular people don't care about banks, inflation (as long as it's not out of hands), regulations, etc.

She WAS trolling, and she had a taste of her own medicine. I believe I haven't seen a larger group of trolls than the trolls in the cryptocurrency community.

hatshepsut93

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This whole J.K. Rowling drama keeps delivering lulz - https://twitter.com/TheStalwart/status/1261779484203720706

Soon enough we'll have JKR impersonators spamming those "giveaway" scams on twitter. It's a surprise that CWS still didn't show up in the comments, trying to sell his shitcoin to JKR. Or Justin Sun, that guy loves creating hype out of other celebrities.

20kevin20

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Quote from: Nalbo on May 16, 2020, 11:34:41 PM

She said she doesn't understands it rather than not liking it. You can't like or dislike bitcoin. You can either use it or don't.

Oh, really? I hate BSV and I'm saying that from the bottom of my heart! BitConnect - do you like it? Or is it just that you don't use it Cheesy

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I think this is a good news for us. If Bitcoin gets a lot of interest from media or celebrities, the people will know many benefit of Bitcoin and the crypto is grow up. Many new people come, the crypto will be a common

If someone rich is buying Bitcoin, I doubt they'll be buying clothes and other stuff from BTC-accepting merchants. They'd most likely only invest in a whale-sized wallet and dump it whenever the opportunity comes. I don't see a celebrity's interest in BTC an adoption/growth factor - I think the opposite actually has higher chances.

TheGreatPython

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Quote from: Astargath on May 15, 2020, 03:43:57 PM

'Bitcoin is taking a big hit today, currently trading at $9,360 after briefly touching $9,800 in inter-day trading. Bears are back in town after the recent $10,000 rejection, however, the interest in Bitcoin seems to be growing.

Having patience is the key. I don't really check all these things about celebrities saying they are interested or whatever, I just simply have this faith that Bitcoin will grow and the other cryptocurrency markets will grow with it. Even if she doesn't say she's interested in Bitcoin, there are already a lot of people that are aware of Bitcoin and a lot of them keep joining every day.

The Halving has taken place, I know some people will be rushing now and buying out of FOMO, which is not right. It's always best to have plans for a long term and then you can invest and have patience till when you have planned to hold. I guess with an upcoming rally, bitcoin can easily break the big barrier of $10,000 levels and you can expect prices to hold above $10k levels here after forever.

fiulpro

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On Nov 5 , 2018 Gwyneth Paltrow tweeted about the Bitcoins , she was trying to spread awareness teaching people the basics.
Hugh Laurie apparently brought Bitcoins and made it public.
The funniest thing is about Mike Tyson , who not only invests in the Bitcoins but also have ATM's with his signature face tattoo.
See there are numerous celebrities out their vouching for cryptocurrencies and Bitcoins .
What we need to do is hope that their fans understand that it is not scam , wonder or not but many people do label cryptocurrencies as scam , even right now I have seen people come up and ask me about it.
Celebrities being open about the Bitcoins is the first step , with time it will only increase the members of the community.

Latviand

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Quote from: Velkro on May 15, 2020, 09:24:43 PM

Quote from: Astargath on May 15, 2020, 03:43:57 PM

Legendary author, J.K. Rowling, has recently shown her interest in Bitcoin over Twitter.'

Yeah its indication that new people are coming, halving doing its job of getting media attention aside from its real purpose.
Its actually a good thing for Bitcoin Cheesy

, you ask if to short it now.
Noone knows that, only nostradamus, because it could be another run to $20 k or it can go down, time will tell.

We all know that J.K. Rowling is very popular author because of his works like the famous Harry Potter. There are a lot of people who are a fan of his books and probably his recognition about bitcoin will be a great help for us to promote bitcoin more. Hopefully she continue her interest and curiosity about bitcoin so that it will become more realistic about our desire which is the mass adoption. She will be the way to increase and develop our mass adoption in bitcoin because many people will support her in her endeavor as they see their idol using bitcoin this will be the opportunity for us. This halving will really have a big factor in the bitcoin's price and mass adoption everything in cryptocurrency is connected so we have no idea what will happen next.

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