.55% of MSFT shareholders voted in favor of adding bitcoin to it's balance sheet. We are still very early in adoption.
This explains the Bitcoin sellers. The majority think's there won't be a bitcoin reserve, bitcoin will collapse, bitcoin is fake internet money......... they believe all the bear case arguments.
They're eating the Penguins, they're eating the seals...
Bitcoin ran from $65K to $100K mostly on talk of support, and promises. As Johnny Unitas famously said, "Talk is Cheap". If the talk isn't put into action, Bitcoin could take a big hit with expectations priced in. There was more commitment talk today after ringing the bell of making sure the US is the leading country in Bitcoin. It's looking like China and Russia are will be investing in Bitcoin. We'll see.
Originally Posted by boneil
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