Mark Cuban wants to buy more Bitcoins - page 2.

bitcampaign

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Quote from: krishnaverma on January 05, 2023, 01:54:14 AM

Link to news
https://www.cnbc.com/2022/12/28/mark-cuban-wants-to-buy-more-bitcoin-says-gold-investors-are-dumb.html

So another celeb is showing trust and faith in bitcoin. Mark Cuban considers more strength in bitcoin in comparison to Gold. Do you agree with him ?

wouldn't it be great if a lot of people want to buy bitcoin as their investment, but there's no need to compare it to other assets because everything has value, bitcoin when the bull market usually goes up can be hundreds of times different from gold so to find quick wealth buying bitcoin is the best way

MinoRaiola

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He criticises old asset classes and presents Bitcoin as a new opportunity, that's great. But he compares gold with a digital transaction, that is not correct. Digital assets are worth more now and can be converted much faster. He's smart and has a lot of money to play with, or have to play with, otherwise inflation will eat it up. So he is definitely toying with the idea that his bitcoin money will be worth more at some point. He could use it to buy a Dallas Mavericks player or pay a salary. Why not, there have already been a few players who wanted that.

Leviathan.007

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Quote from: krishnaverma on January 05, 2023, 01:54:14 AM

Link to news
https://www.cnbc.com/2022/12/28/mark-cuban-wants-to-buy-more-bitcoin-says-gold-investors-are-dumb.html

So another celeb is showing trust and faith in bitcoin. Mark Cuban considers more strength in bitcoin in comparison to Gold. Do you agree with him ?

To be honest I could belave the article until I saw the other link here saying the same thing about Mark Cuban: https://fortune.com/2022/12/24/mark-cuban-defends-bitcoin-crypto-slams-gold-investing/
Even if they consider bitcoin a highly profitable investment still I think we cannot say other investment assets like gold and others assets are not good for investing because the investment plan for everyone depends on what they think and how they want to invest, gold is safe haven for long term investors and but bitcoin is giving more reward by having more risk.

hugeblack

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I don't know, but as an investor trying to increase his profits and seeing Bitcoin as a good opportunity for him, what is exciting about this news? We are in the year 2023 and news from companies, governments and large sectors is supposed to be the most important. As for investments from individuals, they are nothing more than an increase in adoption, which has reached almost all continents.

blockman

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Mark is a known bitcoin/crypto investor. In fact, since Mark Cuban owns Dallas Mavericks, there was this news years ago about the team will start to accept payments in crypto for tickets related to Dallas, well this was in 2018.
(https://cointelegraph.com/news/nbas-dallas-mavericks-will-accept-bitcoin-for-tickets-mark-cuban-promises)
I don't know if that had came into reality since 5 years has passed but this has came from Mark himself.

NeuroticFish

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Quote from: bittraffic on January 05, 2023, 02:09:47 AM

Schiff is just like an old dog like Buffet who don't adopt.

I think that all he's doing is in the name of the show.
All his "bashing" of Bitcoin is actually a great advertising and can help adoption. For "an old dog [..] who don't adopt" he's paying waaay to much attention and spend too much time posting about Bitcoin.
Even more, his son does have bitcoins, pretty convenient, huh?

bittraffic

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Quote from: Don Pedro Dinero on January 05, 2023, 01:59:36 AM

I think you made a mistake in the title of the thread, it would be more eye-catching to put the second part:

He

Quote

says gold investors are ‘dumb’

It would be interesting to see a debate between him and Peter Schiff.

That he also thinks that bitcoin is like an enhanced digital gold makes me think that we are on the right track despite the price drop, if many billionaires come to think the same, it is only a matter of time before mass adoption and a considerable revaluation.

I think there was already a debate about this with Saylor on the BTC side. Schiff is just like an old dog like Buffet who don't adopt. But you could understand that because even central banks today are buying gold and preparing for the Gold standard due to the global shift.

Distinguishing Peter Schiff's shilling of gold discussions, I think his views on what the markets are doing are actually better than Cubans. Especially his idea of what the FED is doing currently and so forth.

Cuban is not a new celeb getting into crypto, he had been advocating not just BTC for a long time.

Don Pedro Dinero

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I think you made a mistake in the title of the thread, it would be more eye-catching to put the second part:

He

Quote

says gold investors are ‘dumb’

It would be interesting to see a debate between him and Peter Schiff.

That he also thinks that bitcoin is like an enhanced digital gold makes me think that we are on the right track despite the price drop, if many billionaires come to think the same, it is only a matter of time before mass adoption and a considerable revaluation.

krishnaverma

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Link to news
https://www.cnbc.com/2022/12/28/mark-cuban-wants-to-buy-more-bitcoin-says-gold-investors-are-dumb.html

So another celeb is showing trust and faith in bitcoin. Mark Cuban considers more strength in bitcoin in comparison to Gold. Do you agree with him ?

Topic: Mark Cuban wants to buy more Bitcoins - page 2. (Read 225 times)