Quote from: Wenbing on Today at 05:56:11 AM

Quote from: Qcrypto on February 24, 2021, 11:59:05 PM

Big firms and companies investing in Bitcoin. Tesla, Micro Strategy and Twitter are just to name a few, pushing for global adoption.
Is this a sign for a long term investment or just pump and dump for them?

Source

To me, i think these big companies have smart team and know what a good investment is. As such, i thnk they cant gamble with their company's revenue. Imagine using $1.5bn for the purpose of dumping and pumping?

They are companies that have seen the future of currency and fnance and are positioned to maximize the frst move advantage.

$1.5B is nothing to them. you can see what Elon had done in the past and his plans as well in mars, that's nothing compared to what he is doing to doge. the newcomers have more money on their hands that they could buy up the entire BTC supply if they want too. but there is no point doing it because its not just BTC that is decentralized. the correction we see today is also dumping we see from time to time.