Home
Forums
New posts
What's new
New posts
Latest activity
Log in
Register
What's new
New posts
Menu
Log in
Register
Install the app
Install
Home
Forums
Living
Money
The Bitcoin (BTC) thread
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Nolimitz" data-source="post: 1363347" data-attributes="member: 15158"><p>I mentioned this before, but the significance of Microstrategy investing in BTC as a "reserve asset" shouldn't be overlooked. This was a $250 million inflow into Bitcoin from a large corporation.....it won't be the last. </p><p></p><p>To think corporations will flood into alt coins.......it's just not going to happen. The market caps aren't meaningful enough to do so. </p><p></p><p>IMO this was a large domino that will likely spur hedge funds and others corporations to speculate on BTC as a reserve asset. </p><p></p><p>"First slow....then all at once." </p><p></p><p>Imo $7-$9k present excellent entries for long-term hold positions.</p></blockquote><p></p>
[QUOTE="Nolimitz, post: 1363347, member: 15158"] I mentioned this before, but the significance of Microstrategy investing in BTC as a "reserve asset" shouldn't be overlooked. This was a $250 million inflow into Bitcoin from a large corporation.....it won't be the last. To think corporations will flood into alt coins.......it's just not going to happen. The market caps aren't meaningful enough to do so. IMO this was a large domino that will likely spur hedge funds and others corporations to speculate on BTC as a reserve asset. "First slow....then all at once." Imo $7-$9k present excellent entries for long-term hold positions. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Living
Money
The Bitcoin (BTC) thread
Top