Quote from: lixer on May 06, 2021, 09:34:02 PM

Quote from: Fundamentals Of on May 06, 2021, 01:31:59 PM

Bitcoin is very bullish since late last year until today. This bullish season may even extend up to the last day of the year. There are so many great news about Bitcoin adoption. Not to mention that there are also very popular billionaires and financial figures who are already hopping into the bandwagon. And this is just the beginning.

I think Facebook is not the only company that is suspected to have already accumulated Bitcoin. There are probably more of them that are also hoarding in silence.

Many many companies definitely collected bunch of bitcoin I am sure of that. I know that they have to declare it for the shareholders otherwise its a SEC violation however it could be done over person and nobody has to know about that. Think about it this way, what if Mark Zuckerberg bought some? Or Jeff Bezos as well? These are super wealthy people with a lot of money so they may have done something like this and we may have never heard of it before.

This is why I think its quite obvious that we should not be focusing on the companies alone, we should be focusing on the people as well and I believe it could be something that is personal and individuals who are super rich may have bought some. Billions of dollars of bitcoin may have been purchased between these people, buying 50-100 million dollars worth of bitcoin is not that difficult for them and not that expensive, 40-50 rich people like that and we got ourselves billions of dollars.

There is a higher probability of individuals secretly hoarding Bitcoins rather than companies. I highly suspect that there are so many individuals who are really convinced of the future of Bitcoin that made purchases on their level. It is hard to convince the entire company to buy Bitcoin. Bitcoin is almost treated as an illegal currency. But if a person is really convinced of Bitcoin, he will do the buying himself alone and in silence. Mark Zuckerberg may be one of them.