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Time Remain To 31 December 2024 !
$ 125000 !
MSTR just joined the Nasdaq100. I can see BITC hitting $150k next year easily, maybe $200k.
102 = Others think so too ;
https://ih.advfn.com/stock-market/COIN/BTCUSD/crypto-news/95096685/bitcoin-stuck-between-99k-and-102k-analyst-ex
And......here it comes !
Stand back eveyone !..........Or rather, i mean, one should be saying : "Better jump In everyone !.......Real quick !..........They're triggering The Light Fantastic !"
Perhaps......
Or of course (alternatively)....Thing COULD experience some considerable RESISTANCE in here.....
Thing needs to get UP over 102
.
.
Hey, it's another clueless person attempting to bash bitcoin mining.
Let's do some simple math based on what this person posted.
Haha. Manufacturing wind turbines and solar panels will have the same effect. Just more BS from someone who's going to lose money
You must be getting your news from the Onion. 😂
There was article I read about it yesterday. That's why I said from the beginning the last thing want is a Bitcoin etf
Not if Black rock is in control. They have been manipulating the price to keep it down until they own every last one of them
Trump says the U.S. is going to do ‘something great with crypto’
https://www.cnbc.com/2024/12/12/trump-says-the-us-is-going-to-do-something-great-with-crypto.html
Hey, draw yer own conclusions / lines man..........and then...........just let us know if they look similar to mine.
Naturally of course I believe that they SHOULD BE ........ however they'd possibly not be at all !
Now, if yer too "lazy" or indifferent to actually GO "drawing charts" ?......Then, just try using a kwik spool of thread.
BTC / XRP
.
Say's the FIAT bankers....
Bitcoin 'mining' will melt Greenland's ice sheet,,by 2032
New science studies, using simple temporal calculations of atmospheric (and the temperature
reservoir of the seas), temperature growth prove that the heat offput in BTUs from the 'mining' of Bitcoin alone overheats the planet by 1°F per annum. This is because each graphics processor run at about 160°F. This even ignores the heat generated by the other 3 Million crypto. The calculations reveal that Bitcoin 'mining' alone, therefore, will exponentially-advance the melt of Greenland's ice sheet by 2032, and will therefore add 26 Feet of elevation to global sea levels.
Bitcoin's fair value is not just zero: it's negative value, since it harms the planet's habitability. The coming, expected downturn will spark 'massive' collateral/economic damage.
Did you know there’s 4 million bitcoin estimated to be lost forever
You should’ve been a BITCOIN Canadian abstract artist😂👩🏿🎨
BITCOIN is going to $250,000 probably before February just because where you going to find a bitcoin for sale. i’m not selling. I know about 20 other people that are not selling. Nobody’s selling,only one way ☝️🤑☝️ with all the missing passwords all the bitcoin that’s locked up thrown away. there may not be no bitcoin to be found.
Question, if Texas and 20+ other states who have applied for Bitcoin strategic reserve what happens next? Let’s say all these states are approved and start storing Bitcoin in states reserve plus America starts storing Bitcoin in its strategic reserve….IMO, Bitcoin hits $1 Million+ a coin before 2028. I also think Bitcoin hits $250,000+ before next year ends. What’s others thoughts on this?
Bitcoin is going to blow right by $120,000
You mean the person claiming that Blackrock filed for bankruptcy? Oh wait, that was the wrong Blackrock, but there was never an acknowledgement. 😁
I have been saying Boobie Coin Will go to 120k then 150k ultimately to 180k for 3 years. Enjoy her. Simply my opinion, I could be wrong, it’s happened 5 times in my life.
Its quite possible he aspirated with coffee after his celebratory donut got lodged in his throat
I wonder why we haven't seen Saving Grace recently. He is on record claiming Bitcoin is going to zero before the year end this year. 20 more days for Bitcoin to drop over $100,000.......... odds are definitely not in his favor. lol
Travala Surpasses $100 Million in Revenue and Launches BTC and AVA Treasury Reserve Plan
https://cryptodaily.co.uk/2024/12/travala-surpasses-100-million-in-revenue-and-launches-btc-and-ava-treasury-reserve-plan
Here ya go:
Michael Saylor's case for Microsoft buying bitcoin gets rejected by shareholders
MicroStrategy Executive Chairman Michael Saylor said during Microsoft's shareholder meeting that the software company could convert cash flows, dividends, buybacks and debt into bitcoin.
Saylor's net worth has grown by billions of dollars as his company has plunged capital into bitcoin.
Microsoft investors voted down the proposal.
Michael Saylor, the billionaire bitcoin investor who turned the company he co-founded, MicroStrategy, into a high-risk proxy for the cryptocurrency, has been encouraging Microsoft to use some of its massive cash pile to follow his lead.
But on Tuesday, after he presented a proposal at Microsoft's annual shareholder meeting, the shareholders said no.
In October, Microsoft told investors that the National Center for Public Policy Research, a conservative think tank, intended to submit a shareholder proposal recommending that the software company's board look at diversifying its balance sheet with bitcoin.
Saylor, now MicroStrategy's executive chairman, has seen his company's stock price soar almost 500% this year as it buys billions of dollars worth of bitcoin.
"Microsoft can't afford to miss the next technology wave, and bitcoin is that wave," Saylor said in a video presentation, which he released on X last week. The post has more than 3 million views.
In his three-minute presentation, Saylor displayed a chart showing that bitcoin generated annual returns of 62% between August 2020 and November 2024, compared with 18% for Microsoft and 14% for the S&P 500. Bonds as an asset class have lost 5%, the presentation says.
"You can convert your cash flows and your dividends and your buybacks and your debt into bitcoin," Saylor said. "If you do that, you'll add hundreds of dollars to the stock price."
The virtual appearance Tuesday wasn't the first time Saylor has made the pitch to Microsoft, which was sitting on $78.4 billion worth of cash, equivalents and short-term investments, as of the end of September.
Microsoft said in its proxy filing in October that its treasury and investment services team previously evaluated bitcoin and other cryptocurrencies to fund the company's operations and reduce economic risk, and "continues to monitor trends and developments related to cryptocurrencies to inform future decision making."
A day later, Saylor directly addressed Microsoft CEO Satya Nadella on X.
"Hey @SatyaNadella, if you want to make the next trillion dollars for $MSFT shareholders, call me," Saylor wrote.
The proposal failed to garner support from a majority of voting shareholders, after Microsoft recommended they reject it. Proxy advisors Glass Lewis and Institutional Shareholder Services both suggested a no vote, too.
Microsoft started accepting cryptocurrency for customer payments in 2014, Amy Hood, Microsoft's finance chief, said in response to a shareholder question during Tuesday's meeting. "We continue to think about the evolution of crypto," she said.
Microsoft shares have gained about 19% so far this year, far underperforming MicroStrategy.
But Saylor has tied his company, now valued at about $83 billion, directly to the fortunes of bitcoin. In mid-2020, the company, which had been a middling software business, announced its plan to invest in bitcoin, disclosing in an earnings call that it would commit $250 million over the next 12 months to "one or more alternative assets," which could include digital currencies such as bitcoin. At the time, MicroStrategy's market cap was about $1.1 billion.
As of Dec. 8, MicroStrategy and its subsidiaries owned a total of about 423,650 bitcoins, acquired at an aggregate price of roughly $26.5 billion. With bitcoin trading at $95,000, those holdings are worth over $41.3 billion.
MicroStrategy has been selling stock and raising debt to help fund its bitcoin purchases. The company said on Nov. 21 that it had completed a $3 billion convertible debt sale "to acquire additional bitcoin and for general corporate purposes."
Saylor's net worth has ballooned to $9.1 billion, according to Forbes, primarily due to his MicroStrategy ownership.
Because Michael Saylor, CEO of micro strategy has been urging big tech to do so.
He is the one that told Microsoft Why he believes they should as it would help increase their market cap
CPI number out of the way Next, it’s the fed and then off to the races $120,000
Why was msft even considering a btc reserve in the first place?
Bitcoin will see $180,000 in 2025. Nice try
Microsoft's board of directors advised shareholders to vote against a proposal to invest in Bitcoin, primarily due to concerns over the cryptocurrency's volatility and the company's preference for stable, predictable investments. The board emphasized that Microsoft's Global Treasury and Investment Services team regularly evaluates various investable assets, including Bitcoin, to ensure liquidity and operational funding. They concluded that the requested public assessment was unwarranted, as existing processes effectively manage and diversify the company's corporate treasury for the long-term benefit of shareholders.
Despite advocacy from figures like Michael Saylor, Executive Chairman of MicroStrategy, who argued that adopting Bitcoin could significantly increase Microsoft's market valuation, the board maintained its stance. They highlighted the need for stable and predictable investments to ensure liquidity and operational funding, suggesting that the inherent volatility of Bitcoin makes it unsuitable for corporate treasury applications.
Ultimately, Microsoft's shareholders voted against the proposal to add Bitcoin to the company's balance sheet, aligning with the board's recommendation and reflecting a cautious approach to incorporating volatile assets like cryptocurrencies into corporate treasuries.