Post
Topic
Board Bitcoin Discussion
Re: Square Says It Bought $50 Million of Bitcoin
by
cryptomaniac_xxx
on 09/10/2020, 08:59:17 UTC
What would Square do with 50mil worth of Bitcoin? What are they working on or planning to do?
Just like the rest of us are doing, investing on it because the current fiat system is falling as government continues to print money. And besides, they are really bullish on bitcoin so it's just about time that they really come out with that huge investment. And yes, probably this is one major news that push the market to almost $11k, but it was not sustainable though, as it goes down to $10,800, but still, a strong indication that we are still in the bullish sentiments despite the price hovering in the $10k range for more than two months now.