Post
Topic
Board Nigeria (Naija)
Re: Another Win For Bitcoin
by
Sticky Bomb
on 18/11/2024, 09:25:59 UTC


First off, in about a week or days ago if am not mistaken, Bitcoin surpassed Silver to take up the position of the top seven ranking assets, that's was a very big win and a motivation for Bitcoiners to value their asset and keep holding, now here's another good new concerning Microstrategy which is one of the biggest holders of Bitcoin currently and from the news on Cointelegraph, the company's holding just surpassed IBM and Nike's holdings in cash.

 To be honest, $26 billion worth of Bitcoin of Bitcoin is not something to joke about, that's a fortune and if a company such as Microstrategy would keep adding too their reserve instead of selling it means they've pictured the future and saw that you can't write it without including Bitcoin, it's the future and there's better times ahead. Also, never forget that a win for Bitcoin is  win for every Bitcoin holders, Cheers.
Exactly, Bitcoin rise to such heights to top 7 and it's very significant milestone for Bitcoin and a testimony of people, institution and government trust, adoption and continuous accumulation of Bitcoin. Trump effects is also worth mentioning and Bitcoin would see many more prominent milestones if Trump delivers on his promise. There would be lots of buying actions and Bitcoin would be very scarce and expensive boosting the price the more and rendering previous and current investments more profitable.

Bitcoin market cap skyrocketing to $1.81B as against Saudi Aramco $1.79B lead to it's overtaking it and not necessarily silver, Bitcoin overcame silver a considerable while ago, it's recent victory to top 7 is beating Saudi Aramco.

Of course, if you start collecting bitcoins now, this is not only a micro strategy, but you will probably see a strong profit in the future.
Just a little pointer bro, Bitcoin is not collected, I believe accumulation is the right word used by bitcoiners in reference to their purchasing and Hodling of Bitcoin.