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ELI5: Why are people buying bitcoins/stocks at such a high price?
Like the bitcoins right now, valued at 750 USD. Why would anyone buy at this high price on such a volatile market, and how do you manage to sell, say, 100 bitcoins in an instance? Are there other people really cashing out your millions of dollars, just to buy bitcoin in this market? I guess the same thing would go for stocks as well, does this happen here?
BUY BITCOIN!! The Stock Market in 2020 is more overvalued than in any other time in history according to the Buffett Indicator. The ratio of the market capitalization of the stock market to GDP tells us that publicly traded companies are valued at 43.6% more than the value of all goods and services.
US Plan to Delist Chinese Stocks Could Trigger Massive Bitcoin Buying Spree
The mounting tensions between the US and China as a result of the ongoing pandemic have contributed to global instability and could ultimately provide a major boost to Bitcoin. The United States House of Representatives is now spearheading an effort to delist Chinese stocks from the US markets, claiming that they have long been able to benefit from US listings without the companies having to abide by the same rules as domestic companies. If the government is successful in their move to delist these companies, it could provide a major boost to Bitcoin as more Chinese citizens turn to crypto to escape the mounting economic turbulence. Ironically, this effort is being driven by Representative Brad Sherman – an outspoken critic of Bitcoin and other digital assets. Tensions Between US and China Mount as Government Moves to Delist Chinese Stocks The ongoing global pandemic has largely been blamed on China by officials within the US government, who now appear to be taking actions to increase the country’s accountability. In a recent interview with MarketWatch, Representative Sherman noted that “it’s time for China to blink first” while speaking about his newly introduced “Holding Foreign Companies Accountable Act.” Rep. Sherman, who has long been an adversary of Bitcoin and crypto in general, explained that this newly introduced act isn’t being floated with the goal of desilting Chinese companies from the US markets, but rather to force them to adhere to the US capital-market standards. “THE PURPOSE HERE IS NOT TO DELIST OR DE-REGISTER; IT’S TO DEMAND THAT CHINA DO WHAT EVERY OTHER COUNTRY HAS DONE AND AGREE THAT IF THEIR COMPANIES WANT TO PARTICIPATE IN U.S. CAPITAL MARKETS, THEY AGREE TO LIVE BY U.S. CAPITAL-MARKETS RULES…TIME FOR CHINA TO BLINK FIRST FOR THE BENEFIT OF INVESTORS,” HE STATED. If this act is passed, it could create even greater tension between the two countries, potentially having grave impacts on the recently passed trade deal. Rep. Sherman believes that the bill will be successfully passed before the end of summer. Here’s How This Could Give Bitcoin a Boost Because the delisting of Chinese companies from the US markets could have dire impacts on the country’s economy, citizens residing there may continue turning to alternative investments like Bitcoin to hedge their portfolios. This growth has been fueled by investors in China and other countries moving to add USD exposure to their portfolios. The imminent inflation that the US dollar will soon see, however, may also lead some of these investors to convert their USDT into Bitcoin in order to avoid the impacts of the United States’ immense money printing, thus giving BTC a major boost.
Am I the only one not having issues with Cashapp? I'm seeing a lot of people having problems. I'm able to buy Bitcoin, able to buy stock, able to send and receive money and cash out? I also use my debit card for online & atm. My account has been open for quite some time though, maybe it's new accts?
06-24 13:34 - 'I only trade cryptos now. Traded stocks and options for years. I enjoy cryptos more but might return to option trading. / I buy, short and stake! / I might start setting aside some BTC for long term as it seems to be th...' by /u/Rey_Mezcalero removed from /r/Bitcoin within 640-650min
''' I only trade cryptos now. Traded stocks and options for years. I enjoy cryptos more but might return to option trading. I buy, short and stake! I might start setting aside some BTC for long term as it seems to be the fad nowadays but for now making opportunities where i see fit. As for exchanges. Kraken all the way baby! ''' Context Link Go1dfish undelete link unreddit undelete link Author: Rey_Mezcalero
I’m thinking of selling all of my stock on Robinhood and putting it all in bitcoin. Someone told me I won’t actually buying bitcoin? I didn’t get what he meant
I won’t be putting all my eggs in one basket... I’ve been using RH for a while and switched a month or two ago to a better brokerage. Anyway I see that bitcoin is at 8k right now and halving is tomorrow. I originally bought some at 9k a week or two ago and I’m about to just go all in at this 8k price. Is robinhood a good place to just trade this bitcoin I guess? I don’t know much about it except for that it’s about to halve and I saw a lot of posts about keeping it in your wallet and buying bitcoin on robinhood isn’t actually buying real bitcoin? Can someone explain this further?
I ran out of stock on March 24, 2020, and had to buy $25,000 worth of Bitcoins
I have a network of investors I work with so I'm always looking to test new brokers and exchanges, I have been using BitMex before they eventually crashed. I logged in to my blockchain wallet and I noticed it had been wiped out but some of the transactions was yet to be confirmed, I didn't know what to do neither did I have any idea on how to stop them. I painfully watched as the transaction was confirmed and my coins moved into the hacker’s wallet.. Update: I have just recovered my coins, thank you for you messages, advices and supports.
Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide. Best Bitcoin Stock. Even though it’s not possible to buy Bitcoin stock, you can indirectly do so by investing in other ways. The best Bitcoin stock options are well known companies which have backed, even invested in, Bitcoin. Goldman Sachs (NYSE:GS) is one of these companies. The bitcoin-based ETF. The most convenient way to gain exposure to bitcoins is through the Bitcoin Investment Trust ().This fund was created so that buying bitcoins could be as easy as buying any The Bitcoin Investment Trust (GBTC) The Bitcoin Investment Trust holds Bitcoin as its fundamental asset and it’s the unique stock on the NASDAQ and other US stock exchanges for that quality. You will not have to buy Bitcoin directly to invest in Bitcoin with this platform. It has a total sum of 175,000 BTC and you can buy into the trust for a Bitcoin and similar cryptocurrencies behave like the stock market. The more people who buy shares of Bitcoin, the higher the currency's price. The fewer people who buy Bitcoin, the lower its price. However, the source of Bitcoin's value -- and how you buy into it -- is very different than an investment in the shares of a public company.
Should I Buy Bitcoin Stock Bitcoin Stock Analysis Bitcoin Stock Price Prediction
HOW TO BUY BITCOIN 2019 - EASY Ways to Invest In Cryptocurrency For Beginners! Get $10 of free Bitcoin when you buy or sell at least $100 of cryptocurrency o... HOW TO BUY BITCOIN 2020 - BEST Ways to Invest In Cryptocurrency For Beginners! (UPDATE) Get $10 of free Bitcoin when you buy or sell at least $100 of cryptocurrency on Let’s take a look at how we can buy Bitcoin in the stock market, and the pros and the cons of it. The Bitcoin Fund is a great way to get some exposure to Bitcoin if you’re interested in doing ... In this video you’ll discover how to perform a Bitcoin stock technical analysis and Bitcoin stock price prediction, allowing you to decide on Bitcoin stock buy or sell signals and price forcast. Did you know you can actually buy Bitcoin on the stock market thru GBTC? If you already have account with stock market trading platforms like E-Trade, Amerit...