BITCOIN

quad said:

Interesting interview!


Michael J. Saylor - Wikipedia

On MicroStrategy's quarterly earnings conference call in July 2020, Saylor announced his intention for MicroStrategy to explore purchasing Bitcoin, gold, or other alternative assets instead of holding cash. The following month, MicroStrategy used $250 million from its cash stockpile to purchase 21,454 Bitcoin.[22]

MicroStrategy later added $175 million of Bitcoin to its holdings in September 2020 and another $50 million in early December 2020. On December 11, 2020, MicroStrategy announced that it had sold $650 million in convertible senior notes, taking on debt to increase its Bitcoin holdings to over $1 billion worth. On December 21, 2020 MicroStrategy announced their total holdings include 70,470 bitcoins purchased for $1.125 billion at an average price of $15,964 per bitcoin.[23] Saylor, who controls 70% of MicroStrategy's shares, dismissed concerns by observers that the move is turning MicroStrategy into a Bitcoin investment firm or exchange-traded fund (ETF).[24]

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98SVTContour98 said:

I'm not sure what ETH will reach...but I'd be happy with $5k per coin

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bigja01cobra said:

Sold my BTC at 100% up and sold my ETH at 300% up made a few k this weekend not bad. Sitting waiting for it to drop again and reinvest. Still holding the on BCH though, but the profits from BTC, XRP (sold 3 years ago), ETH have be in the black by about 1k.

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13COBRA said:

I bought about $20,000 back in 2016 at $587 per.

Probably a safe bet I should sell it all now, huh?

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98SVTContour98 said:

that's the dumbest thing i've read this year

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98SVTContour98 said:

that's the dumbest thing i've read this year

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mysticsvt said:

Feel free to call my ignorant ass out because I feel like I’m crawling through crypto land.

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98SVTContour98 said:

My reply wasn't to you...I like the move from ETH to BTC that you made...I think ETH should outpace BTC this go round...but who knows.

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mysticsvt said:

Like I said I moved over 1500 to it from Bitcoin. Debatable if that was a good move or not. I did however start an allotment for Bitcoin weekly. I don't plan to withdraw anything but I do plan to learn more and move it around as I see fit.

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q6543 said:

I will say... a few very "unsophisticated" relatives and friends have began telling me about it again. Similar to thanksgiving 2017.

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98SVTContour98 said:

Top is in!!!!!!!

lol

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bigja01cobra said:

Nah to much hype on that BITCOIN name, Cardano, BAT, IOTA, XLM and many more actually have value and are useful but didn't move like BITCOIN. Maybe one day in the future they will that is why I am holding them. The only issue will be like what happened to XRP and all these ICOs that are about to get their ass handed to them if XRP goes down.

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