Tesla’s net profit soared 10 times, but lost money on bitcoin

In the second quarter of 2021, Tesla’s revenue was $11.958 billion, up 98% year-on-year; The net profit attributable to ordinary shareholders was $1.142 billion, up 998% year on year. But in terms of bitcoin investment, musk, the leader of the coin circle, appeared a “Waterloo”. In the second quarter of this year, Tesla’s bitcoin investment … Continue reading “Tesla’s net profit soared 10 times, but lost money on bitcoin”

Tesla’s net profit soared 10 times, but lost money on bitcoin

   998% In the second quarter of 2021, Tesla’s revenue was $11.958 billion, up 98% year on year; The net profit attributable to ordinary shareholders was $1.142 billion, up 998% year on year. But in terms of bitcoin investment, musk, the leader of the coin circle, appeared a “Waterloo”. In the second quarter of this … Continue reading “Tesla’s net profit soared 10 times, but lost money on bitcoin”

Money circle investors say bitcoin can cost more than $700000: it can be achieved in 10 years, and its price is undervalued

On July 31, Dan Morehead, founder of Pantera capital, a well-known cryptocurrency fund in the United States, said the number of people with bitcoin and the price of bitcoin increased by an order of magnitude every two years. He predicts that when everyone has bitcoin on their mobile phone, that is, in 10 years, the … Continue reading “Money circle investors say bitcoin can cost more than $700000: it can be achieved in 10 years, and its price is undervalued”

Report on the latest development of bitcoin mining machine (metaphor)

Next, we will finish the first round of tea party, wait for the epidemic situation to improve, and then open the second round of tea party. The first round of tea party held a total of 11 sessions, involving more than 100 small partners. There are a lot of content in the tea party, which … Continue reading “Report on the latest development of bitcoin mining machine (metaphor)”

Lawyer Guo Zhihao: what should we do if the virtual currency moving brick is identified as “the crime of helping trust”?

Recently, the major blockchain media have been cracked by Honghu Public Security Bureau of Hubei Province. A case of using BTC to “launder money” in the exchange to help the crime of information network criminal activities swipe the screen. In particular, a group of quantified brick removal parties are asking lawyer Guo whether they can … Continue reading “Lawyer Guo Zhihao: what should we do if the virtual currency moving brick is identified as “the crime of helping trust”?”

Kill two birds with one stone! Bitcoin can not only absorb the additional US dollars, but also return trillions of infrastructure

Personally, he said the key point, which is one of the keys to the ambiguous attitude of the United States to cryptocurrencies such as bitcoin. Of course, bitcoin’s role is far more than that. With the development of bitcoin to the present level, a relatively stable consensus system has been established. Capital giants such as … Continue reading “Kill two birds with one stone! Bitcoin can not only absorb the additional US dollars, but also return trillions of infrastructure”

IPFs storage: Why did Yang Linke, the big bitcoin guy, suddenly give up bitcoin and switch to IPFs track?

IPFs knew what kind of charm it had. Under the pressure of policy, IPFs had to close the world’s largest bitcoin exchange at that time, while bitcoin China had to close its own blockchain. We found a long-term feasible route that would not give up. This road must have social value. Without this feature, the … Continue reading “IPFs storage: Why did Yang Linke, the big bitcoin guy, suddenly give up bitcoin and switch to IPFs track?”

The United Nations issued a paper to explore the feasibility of bitcoin as a legal currency, and the conclusion is thought-provoking

After several weeks of negotiations in the U.S. Congress, the Senate’s procedural vote on the U.S. trillion infrastructure program was released, with 67 votes in favor and 32 votes against. Although most of the details of the bill have been agreed, a small part has not yet been fully determined. Among them, the source of … Continue reading “The United Nations issued a paper to explore the feasibility of bitcoin as a legal currency, and the conclusion is thought-provoking”

No one is worried about the LTC. This is the future of the asset

It was reported on August 2 that Michael Saylor, CEO of MicroStrategy, said in an interview with Bloomberg TV that MicroStrategy’s big bet on the Ltd has turned to the debt market to maintain it, which is the “maximum upward space and minimum risk strategy” that the company can pursue. Some people think that diversification … Continue reading “No one is worried about the LTC. This is the future of the asset”

Tesla’s net profit soared 10 times, but lost money on bitcoin

In the second quarter of 2021, Tesla’s revenue was $11.958 billion, up 98% year-on-year; The net profit attributable to ordinary shareholders was $1.142 billion, up 998% year on year. But in terms of bitcoin investment, musk, the leader of the coin circle, appeared a “Waterloo”. In the second quarter of this year, Tesla’s bitcoin investment … Continue reading “Tesla’s net profit soared 10 times, but lost money on bitcoin”

Money circle investors say bitcoin can exceed $700000: it will reach the current price in 10 years, and its price is undervalued

On July 31, Dan Morehead, founder of Pantera capital, a well-known cryptocurrency fund in the United States, said the number of people with bitcoin and the price of bitcoin increased by an order of magnitude every two years. He predicts that when everyone has bitcoin on their mobile phone, that is, in 10 years, the … Continue reading “Money circle investors say bitcoin can exceed $700000: it will reach the current price in 10 years, and its price is undervalued”

Why should bitcoin whale account increase its holding of bitcoin when Germany relaxes its cryptocurrency policy

As a matter of fact, it is not only our domestic policy that is tightening, but also some other countries in the world are re examining the attitude of the bitcoin, especially the attitude of its trading institutions. As the world’s largest bitcoin trading platform, an has been found to be in violation of regulations … Continue reading “Why should bitcoin whale account increase its holding of bitcoin when Germany relaxes its cryptocurrency policy”

PI: is pie worth more than bitcoin?

The future of cryptocurrency lies in decentralization. Like many people, I lost a lot of money in the crypto investment company that disappeared overnight. People get the consequences of greed and fraud. Decentralization is the goal. However, many encryption companies have different choices. The future of cryptocurrency is smart contracts and untrusted systems. Verbal promises … Continue reading “PI: is pie worth more than bitcoin?”

Cheng Xue talks about currency: what is the plot behind the calm of Ethereum crazy bitcoin

BTC: Bitcoin’s early daily cycle closed, giving a small Yin line to successfully break the recent ten consecutive positive trend. At present, we don’t know whether the future market will be disturbed by this small Yin line. After all, there has not been a ten consecutive positive posture since ancient times. Therefore, it is necessary … Continue reading “Cheng Xue talks about currency: what is the plot behind the calm of Ethereum crazy bitcoin”

The universe in currency: a review of the macro situation in July

Bitcoin price is currently standing at 40000 US dollars. At this integer position, there is a strong long short emotional conflict. It is easy for those who see short-term rebound to think that the repeated struggle for $40000 is a rebound to the top and it is time to go; If you look at the … Continue reading “The universe in currency: a review of the macro situation in July”

Bitcoin rose 30% in a week, breaking through $40000, and several giant enterprises announced their entry

In the recent week, the encryption market showed an upward trend, with an increase of 30%, breaking through $40000 for many times. Bitcoin has rebounded after two months of shock and downward decline. As of the time of publication, bitcoin is now at $40001.22, up 8.11% in 24 hours, reaching a maximum of $40556. With … Continue reading “Bitcoin rose 30% in a week, breaking through $40000, and several giant enterprises announced their entry”