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[aryan4]

Chinese technology company Meitu announced that it is purchasing BTC and ETH. In the statement made, it was reported that the total value of Bitcoin received was $ 22.1 million.
The official statement was made: ---- "Despite the long-term expectations, cryptocurrency prices in general are still quite volatile and therefore the Board of Directors has decided to invest in Ethereum and Bitcoin, the two largest cryptocurrencies at the moment. "----
What do you think about this development dated 07.03.2021?

 

[Niftyicon]

It is an excellent development that will certainly impact the price of bitcoin positively. I guess we can see that happening already.

 

[achawaskey]

This is really interesting, many companies are beginning to see that there is profit in making from bitcoin and ethereum, and investing in them is not a bad idea.

 

[Josemendez]

This is not surprising. China as a country has the highest harsh power ,and are well into bitcoin investment . I believe they have seen future in it .

 

[Wisdom01]

Its a very good development i think and i hope this would might really have a major impact on the price of bitcoin i think , most especially when people get to know about this

 

[BullyMaguire]

It seems not only them but companies all over the world are buying million's worth of Bitcoin these past few days. I guess it's a really wise thing for them to do

 

[anil02]

Chinese technology company Meitu announced that it is purchasing BTC and ETH. In the statement made, it was reported that the total value of Bitcoin received was $ 22.1 million.
The official statement was made: ---- "Despite the long-term expectations, cryptocurrency prices in general are still quite volatile and therefore the Board of Directors has decided to invest in Ethereum and Bitcoin, the two largest cryptocurrencies at the moment. "----
What do you think about this development dated 07.03.2021?

Market have Bitcoin in limited quantity, so any big purchase will be increase it demands. Resulatant price will me touch the new limits. At present price of Bitcoin is more than 55K and if China company will invest hug amount than it may be rise much more

 

[Kunkun]

I think this is just the beginning as I foresee lots of other company following too in the future, the impact of crypto currency on the market

 

[yolaqueen]

It seems not only them but companies all over the world are buying million's worth of Bitcoin these past few days. I guess it's a really wise thing for them to do

The investment of this Chinese company in the two main cryptocurrencies is very important, with this investment the adherence of more companies to the crypto world continues.

 

[yolaqueen]

Chinese buying Bitcoin is a welcome development, and I see it as a boost to the crypto currency, especially Bitcoin and etheruem. Am happy about it.

We should all feel happy since another Chinese company joins the purchase of cryptocurrencies, this results in the momentum of this market in that country.

 

[SCAMEXPOSER]

The major bitcoins are available in China so I am not surprised on this update let us just keep watching as things unfold.in Crypto currencies. The more big companies show interest the more the price increases.