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@jrcornel
81
Where cryptocurrency and finance meet
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17939
Following
666
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Location
Down by the River
Website
https://leofinance.io/@jrcornel
Created
2016-07-26 19:12
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jrcornel
LeoFinance
6y
RE: What would happen if every corporation put 1% of their cash into Bitcoin?
Elon knew it all along!
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jrcornel
LeoFinance
6y
RE: What would happen if every corporation put 1% of their cash into Bitcoin?
Yea that is the hope. The gains in bitcoin eventually spill over into HIVE and others. So far, no luck.
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jrcornel
LeoFinance
6y
RE: Bitcoin sitting on Exchanges hits lowest levels in 3 years
Demand doesn't even have to rise. Static demand in the face of shrinking supply still sends prices higher. BTW, demand for bitcoin is absolutely increasing.
jrcornel
LeoFinance
6y
RE: Bitcoin sitting on Exchanges hits lowest levels in 3 years
Yep, I agree.
jrcornel
LeoFinance
6y
RE: Bitcoin sitting on Exchanges hits lowest levels in 3 years
I thought $41k by end of last year was a tough call, but it was only off by a week or so.
jrcornel
LeoFinance
6y
RE: Bitcoin sitting on Exchanges hits lowest levels in 3 years
Agreed. It means people still don't trust it. It also probably means there is some manipulation at bay...
jrcornel
LeoFinance
6y
RE: Bitcoin sitting on Exchanges hits lowest levels in 3 years
This isn't accurate. Dwindling supply in the face or rising demand pushes prices higher, economics 101.
jrcornel
LeoFinance
6y
RE: Elon Musk's Tweet was embedded in 668,197th block of Bitcoin and will remain there forever
Congrats on Cardano btw! I don't trade many altcoins, but it's nice to see this one working out in your favor.
jrcornel
LeoFinance
6y
RE: Elon Musk's Tweet was embedded in 668,197th block of Bitcoin and will remain there forever
Well not really, I am just saying that things in the US financial markets, and by extension global financial markets, were forever changed in 2008/2009. QE didn't exist before then in the US... QE and
jrcornel
LeoFinance
6y
RE: Updates
I just remember reading there was going to be blood guaranteed in January, then February, and now March... hard to keep up sometimes!
jrcornel
LeoFinance
6y
RE: Elon Musk's Tweet was embedded in 668,197th block of Bitcoin and will remain there forever
The world changed starting in 2008/2009 with the money printing and technological changes.
jrcornel
LeoFinance
6y
RE: Updates
BTW, you keep moving the goal posts on when these big dips are going to happen. I've been saying the money printing is going to prevent big dips for months and months now. Nice to see you finally coming
jrcornel
LeoFinance
6y
RE: Updates
Yea I am not sure why we are in such a rush to bring HBD right back down to peg. See the top post on trending right now. Sure, in theory HBD should be pegged to a dollar, but in reality it has traded under
jrcornel
LeoFinance
6y
RE: The Bitcoin for Corporations Event starts in a couple days and Guggenheim/BlackRock can start participating in Bitcoin today!
Nice, things like that are happening all over. Glad to hear it!
jrcornel
LeoFinance
6y
RE: The Bitcoin for Corporations Event starts in a couple days and Guggenheim/BlackRock can start participating in Bitcoin today!
If history is any indication, we will break those $42k highs by early March.
jrcornel
LeoFinance
6y
RE: The GameStop Saga is pushing people to Bitcoin
I completely agree. I knew all the patterns and trends pointed north of $100k, but until the pandemic hit and all the money printing started up, I didn't fully believe it would actually do it. Now I would
jrcornel
LeoFinance
6y
RE: The GameStop Saga is pushing people to Bitcoin
A top post on here talks about how bitcoin won't be the next GME, lol, it doesn't have to be. The amount of buying power coming in with fairly illiquid exchanges could easily double or triple the price
jrcornel
LeoFinance
6y
RE: The GameStop Saga is pushing people to Bitcoin
A nice unexpected development for crypto.
jrcornel
LeoFinance
6y
RE: Robust Redundancy: Crypto Compliments Gold & Silver
Sure, though I am not sure what you are arguing here? Stocks and bitcoin will be much higher over the coming years, gold only marginally. It's been the slowest horse in the race for the last couple decades
jrcornel
LeoFinance
6y
RE: Robust Redundancy: Crypto Compliments Gold & Silver
It doesn't eat the lunch of everything. It's seen as a store of value and a portfolio hedge by the majority of institutional money that gets involved. It's simply going to eat the lunch of those two
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