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[SCAMEXPOSER]

Precisely on the 11 December , coindesk reported that an insurance company, MassMutual which has been operational about 169 years back bought Bitcoin to a tune $100 million and the company also Invested some amount of dollar in the company (NYDIG) that helped in buying the coin.

This is a great move by another reputable institution which validate legitmacy of Bitcoin investment in my opinion.

 

[Niftyicon]

This is a very good development and I think that such investmeñts are helping to keep bitcoin price from dipping so much, hence giving more assurance to new investors.

 

[bitforex22]

That's a good amount of bitcoin actually bought , these investment not only help raise believe in bitcoin but also nurture its growth , if few big investors invest at once bitcoin is surely growing to cross 20k mark soon

 

[BullyMaguire]

Bitcoin is on the run again ? i hope more companies Invests on Bitcoin and other Currency and lift their price up. Im still hoping it cross the 20k mark before the end of 2020

 

[onlyprofits]

All institutional investments are excellent, that shows small investors how seriously they take Bitcoin as a store of value, by now the institutions already know and are convinced of the true potential of the queen of cryptocurrencies

 

[Ptrikha90]

This is a good news that will help take Crypto into more mainstream. Yet it could also mean that the Big Financial players might try to influence Crypto more heavily in a few years.
Anyways it all looks pretty exciting.

 

[bitforex22]

This is a good news that will help take Crypto into more mainstream. Yet it could also mean that the Big Financial players might try to influence Crypto more heavily in a few years.
Anyways it all looks pretty exciting.

Its certain that they will try if only few big companies 500 and especially oil companies start buying and selling oil for bitcoin they can become profitable in business because of the already bull run by the bitcoin growth is certain and so profits as well

 

[onlyprofits]

Its certain that they will try if only few big companies 500 and especially oil companies start buying and selling oil for bitcoin they can become profitable in business because of the already bull run by the bitcoin growth is certain and so profits as well

When there really is confidence about trading cryptocurrencies through the stock market, we will see exponential growth in all areas of the cryptocurrency ecosystem, there are still certain details that need to be corrected such as the ease with which some great whales can manipulate the market

 

[Ptrikha90]

When there really is confidence about trading cryptocurrencies through the stock market, we will see exponential growth in all areas of the cryptocurrency ecosystem, there are still certain details that need to be corrected such as the ease with which some great whales can manipulate the market

The next year 2021 could be a year when we could see some significant moves by some mainstream companies in Crypto arena.

 

[onlyprofits]

The next year 2021 could be a year when we could see some significant moves by some mainstream companies in Crypto arena.

Yes, but this year many large companies have already begun their journey through the path of investments in cryptocurrencies, we have the example of Microstrategy, the largest business intelligence company in the world

 

[Ptrikha90]

Yes, but this year many large companies have already begun their journey through the path of investments in cryptocurrencies, we have the example of Microstrategy, the largest business intelligence company in the world

A Business Intelligence Company going Crypto mode- that sounds pretty interesting and they would have found a stromg reason indeed.

 

[Josemendez]

Precisely on the 11 December , coindesk reported that an insurance company, MassMutual which has been operational about 169 years back bought Bitcoin to a tune $100 million and the company also Invested some amount of dollar in the company (NYDIG) that helped in buying the coin.

This is a great move by another reputable institution which validate legitmacy of Bitcoin investment in my opinion.

This is good news. Many companies are now following the footsteps of MicroStrategy that have invested close to $460 milion when Bitcoin was at $11k.now they have made also 100 percent gain.

 

[SCAMEXPOSER]

This is good news. Many companies are now following the footsteps of MicroStrategy that have invested close to $460 milion when Bitcoin was at $11k.now they have made also 100 percent gain.

Yeah , they had a good foresight, PayPal also has made significant gains to since they began to invest into Crypto currencies when the price was at $15000 or thereabouts.

 

[Josemendez]

Yeah , they had a good foresight, PayPal also has made significant gains to since they began to invest into Crypto currencies when the price was at $15000 or thereabouts.

Believe me with the current price of Bitcoin ,and the statistics if gain made by top companies that have invested in Bitcoin. More companies will follow suit soonest .

 

[Brain]

It is a good investment now and there's nothing the haters can do about it. A lot of companies are realising this and are tapping into it now

 

[Ptrikha90]

It is a good investment now and there's nothing the haters can do about it. A lot of companies are realising this and are tapping into it now

More investments would mean that Bitcoin would gain even a greater acceptance, may be even at the locla grocery shops in the coming times.

 

[Brain]

More investments would mean that Bitcoin would gain even a greater acceptance, may be even at the locla grocery shops in the coming times.

We are all awaiting this to come true it will be a big deal when we can walk into the local store and make a purchase with bitcoin. Maybe more economy would have been boosted

 

[Ptrikha90]

We are all awaiting this to come true it will be a big deal when we can walk into the local store and make a purchase with bitcoin. Maybe more economy would have been boosted

Whenever Bitcoin and other Crypto adoption reaches this stage, it will be good for many.

 

[crypworld]

A real boost to the insurance industry and a good move by the officials ???

I hope by the end of 2021 more insurance companies would embrace cryptocurrency.

 

[highspeed]

This your thread was dated four months ago.
And then, on December 11, 2020, Bitcoin was worth around $ 18,000 each.
Today, April 8, 2020, Bitcoin has a value equal to $ 57,000.
If this "MassMutual" did not sell the crypto before, on this investment, it had a gain of more than three times its initial investment! And therefore, thi9s company took the opportunity at the right time!