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Topic: Should Nokia invest $7.2 billion in Bitcoins and what would happen if they did? (Read 2712 times)

sr. member
Activity: 420
Merit: 250
★☆★777Coin★☆★
they will never invest in this bitcoin and any altcoin they have their own big set up and enjoying  Grin
member
Activity: 75
Merit: 10
yes, if they have a new CEO.
member
Activity: 84
Merit: 10
"How to Get Fired as CEO and Sued by Your Shareholders" should be the title of this thread Grin

agre+1
newbie
Activity: 52
Merit: 0
"How to Get Fired as CEO and Sued by Your Shareholders" should be the title of this thread Grin
hero member
Activity: 504
Merit: 500
"Should Nokia invest $7.2 billion in Bitcoins and what would happen if they did?"
 Grin Grin Grin
That would be the minimum.
Better if they invest at least 10 billions $ in Bitcoins and Namecoins.
sr. member
Activity: 299
Merit: 250
Hmmm...  Bitcoin will not drop and crash? Jk. Maybe the price will rise higher?

Hope not!
hero member
Activity: 740
Merit: 501
Why would they not setup their own altcoin?

Then they wouldn't be investing into "Bitcoin" now would they
b!z
legendary
Activity: 1582
Merit: 1010
Why would they not setup their own altcoin?
hero member
Activity: 740
Merit: 501
It would most definitely be bad news, also the philosophical question of how can they sink 7.2bill into a (free) decentralized network.
hero member
Activity: 560
Merit: 500
StayFocus and LIVE
yes, they should ~BTC neeeeeeeeeeeeds more exposure if we want BTC to one day hit 500BTCBTCBTC
newbie
Activity: 30
Merit: 0
7.2 million would be a good start Smiley
As for the billion .. maybe in a few years...
full member
Activity: 126
Merit: 100
Do as I say to do--But don't. (Mind Blown)
What would happen if a frog had wings?


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-It wouldn't bump its ass a' hoppin'

  Hey Now!
member
Activity: 84
Merit: 10
Nokia will never going for this risk its big amount and mining need very little tiny for this
sr. member
Activity: 288
Merit: 251
How would they "invest" in Bitcoin. Buy a mining rig farm? Buy a fuckton of bitcoins? Setup and launch a big mainstream payment service provider (+marketing) that handles Bitcoin payments?
sr. member
Activity: 299
Merit: 250
that shouldnt be a big problem..
legendary
Activity: 1680
Merit: 1035
Nokia would have to convince shareholders. If there were already enough people convinced to go along with investing billions in bitcoin, Bitcoin wouldn't need Nokia to do it.
hero member
Activity: 672
Merit: 500
Nokia has shareholders to answer to, at this juncture no public company is going to invest massively in Bitcoin.  It will be people like the Winklevii for the foreseeable future until they make a strong ROI and we see significant adoption.
hero member
Activity: 728
Merit: 500
Nokia has been involved in many fields.

Not really, investing in BTC would be waste... Better let investment banks do that stuff...
donator
Activity: 1218
Merit: 1079
Gerald Davis
They also do (or did) make rubber boots.  Nokia the corporation has existed for far longer than cellphones have.
member
Activity: 99
Merit: 10
As for Nokia and Bitcoin: Why would they? Nokia can now focus on their core business which has long been tires. Yes, they make tires, and have been for decades.

Actually, no, that's Nokian Tyres, which came from the same "Ur"-company as Nokia originally, but have been an independent company for 20 years.

Nokia makes tires? I bet they never go flat!
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