bitcoin The effect of Bitcoin adoption

[zhoutong 2188]

The Bitcoin effect is for companies then and institutions? What it does exactly makes them more rich? Certainly this worked for Microstrategy and Square since prices have gone up too much, so the stocks of both were up and one of the reasons was Bitcoin.

[Malik Abdullah 376]

This is very informative topic about adoption of bitcoins. May companies are also deciding to adopt bitcoin in 2021. I also here the news that paypal is also adopting crypto currency. This is great step for crypto.

[karam_s 412]

During the past 5 years, the price of Bitcoin was able to rise very dramatically and achieved good profits for investors who trusted in cryptocurrencies and their projects from the beginning, as they invested some millions of countries in Bitcoin, but with we reached the price of 16 thousand dollars, the entry of very rich investors and gigantic and huge companies contributed to great financial inflation in The value of Bitcoin and some things remained until the value of Bitcoin became high, stable and commonplace in all countries of the world, which is the adoption of all commercial companies dealing with cryptocurrencies and using them through special Blockchain cards and wallets

[Ahmad ah 1212]

Indeed, PayPal has made good profits since I decided to enter the cryptocurrency world.
Bitcoin is now registering a new record price of $ 35,000 for every bitcoin.
People who bought Bitcoin in the past will make fantastic profits from it. Bitcoin will continue to rise this year and the benefit will be universal.

[khan22 3478]

Bitcoin last day go down so much and that time we need to buy and hold the coin becasue in the crypto market coin holding is so much important and we sell our coins in a good profit in future and make good money through this.

[P A Ashif 2409]

Every company which was once against the crypto are now admires that it is the future. Believe it or not crypto is the future of world. And those who adopt it first are going to get from it first. This pandemic has also boosted the reach of crypto to the public as people are sitting in their home in search of online money making strategies. 

[abd1992 960]

On 12/16/2020 at 8:28 PM, Amiami said:

In recent years, within the world of cryptocurrencies, some concepts have been coined around certain events, in this case I come to discuss what is known as "The Bitcoin effect", which is basically defined as the result of the adoption of the Bitcoin by any company or institutional organization.

 

It began with the most recent case, that of PayPal, a company that decided to venture into the crypto market last October and launched its platform during November, it was rumored that Paypal was buying 95% of the recently mined Bitcoin at a price between 17,800. and 18,300 dollars, this event in general caused that Paypal will increase its prices on the New York Stock Exchange, each share going from 180 dollars to 223 dollars, a historical maximum for the company and it is estimated that in this fiscal semester it earned 40 % more than in the past due to your investment.

 

Another case is MicroStrategy, which invested a total of 250 million dollars, thus acquiring 20,000 Bitcoin's each at $ 12,500, its shares rallied 12% immediately, and today the company's earnings are above of the 150 million dollars in less than 4 months

 

Many call this the Bitcoin effect.

 

What is your opinion about it, do you agree?

 

I do not think that the adoption of Bitcoin will have a really big impact, because if it is adopted, it will be a substitute for national currencies only and not a substitute for them.

[abdullah553 1981]

On 12/16/2020 at 8:28 PM, Amiami said:

In recent years, within the world of cryptocurrencies, some concepts have been coined around certain events, in this case I come to discuss what is known as "The Bitcoin effect", which is basically defined as the result of the adoption of the Bitcoin by any company or institutional organization.

 

It began with the most recent case, that of PayPal, a company that decided to venture into the crypto market last October and launched its platform during November, it was rumored that Paypal was buying 95% of the recently mined Bitcoin at a price between 17,800. and 18,300 dollars, this event in general caused that Paypal will increase its prices on the New York Stock Exchange, each share going from 180 dollars to 223 dollars, a historical maximum for the company and it is estimated that in this fiscal semester it earned 40 % more than in the past due to your investment.

 

Another case is MicroStrategy, which invested a total of 250 million dollars, thus acquiring 20,000 Bitcoin's each at $ 12,500, its shares rallied 12% immediately, and today the company's earnings are above of the 150 million dollars in less than 4 months

 

Many call this the Bitcoin effect.

 

What is your opinion about it, do you agree?

 

Yes, there may be a significant impact on the financial markets because bitcoin today takes liquidity from gold and real estate and is rising dramatically

[Fixfin 2569]

Since you are discussing stocks of the companies that bought crypto, it should be only about microstrategy, the rest have bought a small fraction of their cash reserves, microstrategy went all in, so it is the one that made this gamble and won, price of Bitcoin went even up to $40,000 but it is a gamble that was made, and probably a very big one.

[Pereira 2303]

Thanks to this investment time, bitcoin has risen greatly in price from past months to the present. The shares in paypal had a large increase since they started buying and saving this cryptocurrency, with this 400% increase in bitcoin from November to now in January, paypal shares are through the roof, making paypal become a large organization scale in the crypto world just like MicroStrategy who acquired a large sum of money after investing in bitcoin these whales of industries are buying large amounts of bitcoin to keep their money without inflation.

[godislovefll 1880]

The effect of BTC is really great, many large companies invest a lot of money because they know the great potential that BTC has to generate profits in the long term or even unexpectedly, so it will always be convenient to invest in BTC in the short or long term because BTC is full of Surprises.

[yulitzacalvete 1366]

BTC is a great cryptocurrency and already large companies are seeing the great potential that there is in it and for this reason they are confident and invest a lot of money which makes this see that BTC with more potential and more popularity throughout the world and this is Convenient for carriers of cryptocurrencies.

[Hala Hala 178]

What I was talking about contributed greatly to the rise in the value of cryptocurrencies
 Paypal is one of the things
  That affected Bitcoin, but this effect added to the cryptocurrency negative things in several ways, and at other times it added some positive features as it contributed to the increase in the value of the currency.

[Choudhary umer 0]

My friend I want to tell you that when you adopt the Bitcoin you can easily get a good profit in these days because the price of the Bitcoin is on its peak level and cross all the history of his price this is a very effective

[Jack764 1841]

If the Bitcoin currency is adopted, this will firstly support the currency and secondly if there is a Bitcoin currency in the project, this will support the project and many people will accept it

[Dissy sb 945]

there are many effects when you choose a bitcoin and when you adopt the Bitcoin because the Bitcoin is a digital currency and many members are not believe on the the Bitcoin and on the cryptocurrency that's why why the Bitcoin has still trust issue

[kryptonick 2659]

On 1/12/2021 at 12:39 PM, zhoutong said:

The Bitcoin effect is for companies then and institutions? What it does exactly makes them more rich? Certainly this worked for Microstrategy and Square since prices have gone up too much, so the stocks of both were up and one of the reasons was Bitcoin.

How about the stock of Tesla then? It has profited so much from Bitcoin, yet investors started dumping Tesla and almost crashed bellow $400. But maybe this will be temporary, however what will happen if Bitcoin starts dropping? The stocks of all those invested will be at risk too.

[Samer1997 715]

Yes, I totally agree with you. The term "The Bitcoin effect" is a new economic term that appeared after Bitcoin proved its worth and power in the market, and it means exactly what you mentioned in your letter, another example of this is Tesla Motors, which invested a large amount of Bitcoin under the supervision of Elon Musk achieved profits during several months that exceeded the profits it made from selling cars during the past year

[RoyalHouse01 9]

whenever there is the increasement  of the adoption of the bitcoin or there is a big buy from any person there is the increasement in the rate  of the bitcoin so it happens often.

[Oliver james 0]

Yes I agree with your opinion and I also appreciate you because there are many people are very conscious to join different online earning site but BTC is used as a digital currency in this site so you I also advised to all member to adopt this phenomenon because when you heard of this site then you will also correlated to the whole market in the world and can become a billionaire from this site.

[basel23 1722]

Most international companies have started studying the investment project in cryptocurrencies because it really enables them to achieve great profits. I think it is appropriate to start accepting cryptocurrencies by governments because during the coming years Bitcoin will be approved by all international companies.