Current as of February 27, 2021. Part of this freshly minted BTC is held in reserves, while the rest is used to fuel expansion. This has prompted some, including the world’s richest man, Elon Musk, to shift their attention to an asset that can’t be censored: Bitcoin. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Not to alarm you, but you’re about to miss an important event. yeah there was a dude who said he would let his parakeet poop in his mouth if it hit 37, and it hit shortly after. Holding bitcoin worked, but it did take some big players to join the game first, he added. On the menu today: Tesla bets on Bitcoin, Reddit sees its valuation double, Chinese hedge funds beat foreign competitors, and the technology industry’s increasing returns to scale. What you need to know is that the strategy was effective until trading platforms decided to put an end to it. This is your chance to get in early on what could prove to be very special investment advice. Firstly, the Bitcoin halving has undeniably impacted the supply of Bitcoin because it decreased the reward of the Bitcoin miners, from 12.5 BTC to 6.25 BTC. All rights reserved. Host. BTC got stuck in congestion for hours. It’s been an interesting week for investors. The Bitcoin Fund, for instance, is an exchange-traded fund (ETF) listed in Toronto. Please check the previous discussion thread for unanswered questions. Markets play with emotions, so my advice to you guys is not to trust what you feel and please don't sell for a quick profit expecting a drop to reenter, i'm betting the market won't do the same dance again. Every time I see the price I cry anyone else? A Reddit user who claimed in a post amonth ago to be a Tesla Inc insider and knew about theelectric car maker's purchase of bitcoin said on Tuesday thathis assertions were not true. The company generates new Bitcoin through its server farms. © 2021 The Motley Fool Canada, ULC. If you see posts on the front page or r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Bitcoin Cash 24h $ 473.52-188.13 ... Is This the End of the Reddit Retail Investor Dream? Quicktake 2021 Could Be Bitcoin’s U.S. ETF Year. Stocks finished up Monday, with the three major U.S. indices posting record highs.Investors gauged the likelihood of more stimulus spending, while politicians on Capitol Hill debated the details, including $1,400 stimulus check eligibility requirements and a minimum wage hike.Meanwhile, the nonpartisan Congressional Budget Office detailed the potential impact of … Platforms such as Wealthsimple offer direct crypto investing, at least for Bitcoin and Ethereum. However, brokers in Canada, including WealthSimple and Questrade, did not take such a move. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Because he thinks this fast-growing company looks a lot like Shopify, a stock Iain officially recommended 3 years ago - before it skyrocketed by 1,211%! After all, cryptocurrencies are risk-on assets that positively correlate with the market. A hoard of Reddit users banded together to drive specific stocks to record highs. A community dedicated to Bitcoin, the currency of the Internet. , for instance, is an exchange-traded fund (ETF) listed in Toronto. One little-known Canadian IPO has doubled in value in a matter of months, and renowned Canadian stock picker Iain Butler sees a potential millionaire-maker in waiting... Ovvero sebbene l’interesse per la regina delle criptovalute sul social network fosse alto, non lo era così altrettanto rispetto ad altri argomenti molto comuni. We are going up trannies in about 1 hour we will hit 69 billion $ per BTC, I strongly believe bitcoin is setting up a huge move up these last days. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin … Retail investors and the general public have lost trust in the gatekeepers. By Bhargav Acharya (Reuters) - A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. Another potential proxy is a HIVE Blockchain Technologies, a Bitcoin mining stock.. Take, for example, the Innovation Global Alpha ETF launched in June. Bitcoin Bull Run. The Reddit user who predicted Tesla would purchase bitcoin in January claims he didn't have the inside knowledge he claimed, but was high on LSD. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Ma, grazie soprattutto ai casi GameStop e Dogecoin, nel corso degli ultimi giorni è finalmente decollato. This week, Bridgewater’s Ray Dalio also said his firm was looking at the asset closely. Ever since the Federal Reserve was created in 1913, the game has been rigged against the average person. A truly rational human is actually extremely rare. HIVE stock is up a jaw-dropping 650% in the past four months alone. Humans are driven by emotions like greed and envy but we don’t like to think of ourselves this way so we find ways to rationalize our behaviors. Bitcoin soared as much as 20pc to $37,299 on Thursday after Elon Musk changed his Twitter profile to include the cryptocurrency. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. The impression you get from all these last drops is lack of strength, this same impression will make a lot of people sell when we get past these levels we've been reaching. A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago , according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. 500] Feb 2, 2021… We are impulsive, emotional, tribal, egotistical, insecure and blind sighted by confirmation bias. When things go right we feed our ego and intellect but when things go wrong we blame external sources. This Tiny TSX Stock Could Be the Next Shopify. . If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. According to Bloomberg, bitcoin’s 9 million percent price rise makes it the best performing asset of the last decade.But what if I told you that even in 2021, Bitcoin is still one of the most undervalued assets there is? Please utilize this sticky thread for all general Bitcoin discussions! Do you all think that the upcoming dem stimulus packages are already priced into btc? Bitcoin could be their next target. Bitcoin could be their next target. There’s simply no way to predict the actions of an online mob. Press question mark to learn the rest of the keyboard shortcuts, https://www.forbes.com/sites/haileylennon/2021/01/19/the-false-narrative-of-bitcoins-role-in-illicit-activity/?sh=82536c03432f. What you need to know is that the strategy was effective until trading platforms decided to put an end to it. This further goes to show that Reddit was either not united in its silver squeeze call or was not behind the play at all. In his analysis, he explores one situation where XRP could surprise everyone in 2021 by having its best year since 2017.