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[aryan4]

One of the companies that has recently invested in BTC at very short intervals is the Chinese company Meitu. According to the official announcement made by the company on 08.04.2021, an additional 175 BTC was purchased. It was reported that the OSL stock exchange was used in this process.
What do you think about these purchases?

 

[Niftyicon]

One of the companies that has recently invested in BTC at very short intervals is the Chinese company Meitu. According to the official announcement made by the company on 08.04.2021, an additional 175 BTC was purchased. It was reported that the OSL stock exchange was used in this process.
What do you think about these purchases?

This is very good. I think the best investment these days is bitcoin investment and many institutions are taking advantage of the growth in value it keeps exhibiting.

 

[aryan4]

Bitcoin continues to attract the attention of many companies, big and small. It was the second purchase news announced by the Chinese company. I have read that for now it has assets around 1000 BTC. However, this amount seems to increase.

 

[Josemendez]

Meitu had earlier declared their intentions of buying up to $100 million worth of cryptocurrency. This recent one completes their total asset to $100 million worth

 

[SCAMEXPOSER]

Meitu had earlier declared their intentions of buying up to $100 million worth of cryptocurrency. This recent one completes their total asset to $100 million worth

That's a huge Investment made by the company so obviously if the price of Bitcoin reaches $100,000, their Investment will be more 140 million dollars with the current price.

 

[Josemendez]

That's a huge Investment made by the company so obviously if the price of Bitcoin reaches $100,000, their Investment will be more 140 million dollars with the current price.

Well , their $100 million investment was not confined to Bitcoin alone , there were ethereum purchase among it . Bit Bitcoin has greater percentage b

 

[SCAMEXPOSER]

Well , their $100 million investment was not confined to Bitcoin alone , there were ethereum purchase among it . Bit Bitcoin has greater percentage b

Alright, they can still do more so they can also hold a sizeable amount or percentage of Bitcoin as we have seen companies Investing billion dollars.

 

[Wisdom01]

They Keep adding more bitcoin to their portfolio and i think what gives them more encouragement to keep investing. Is when they see top companies doing so

 

[SCAMEXPOSER]

They Keep adding more bitcoin to their portfolio and i think what gives them more encouragement to keep investing. Is when they see top companies doing so

Sure and the fact that some companies are already paying salaries through cryptocurrencies shows the future strength in them especially bitcoin.

 

[Wisdom01]

Sure and the fact that some companies are already paying salaries through cryptocurrencies shows the future strength in them especially bitcoin.

This is what encourages the investors,despite the fluctuation of bitcoin and hight sending fees ,a lot of people are still using bit co in to pay salaries

 

[SCAMEXPOSER]

This is what encourages the investors,despite the fluctuation of bitcoin and hight sending fees ,a lot of people are still using bit co in to pay salaries

Yeah the company is paying salaries with it are paying huge amount so the fee may be very insignificant for them unlike the small Investors doing small transactions.

 

[Wisdom01]

Yeah the company is paying salaries with it are paying huge amount so the fee may be very insignificant for them unlike the small Investors doing small transactions.

Very true those companies are big companies and am sure that many of their employees won't just sell off the bit co in,they would hold the coin to rise more or hold it

 

[Josemendez]

Alright, they can still do more so they can also hold a sizeable amount or percentage of Bitcoin as we have seen companies Investing billion dollars.

Sure , but their next agenda is on developing a decentralized ethereum app . I believe this will take more money ,so they need to focus on it .

 

[Wisdom01]

Sure , but their next agenda is on developing a decentralized ethereum app . I believe this will take more money ,so they need to focus on it .

How would that happen , since ethereum is decentralised already ,i wonder how the ethereum decentralised app would operate like, they should fix the eth fees

 

[SCAMEXPOSER]

@Josemendez , can tell us more about the decentralized ether ethereum app , I know nothing about it probably it gonna curb higher gas fee we experience in ethereum transactions.

 

[Josemendez]

How would that happen , since ethereum is decentralised already ,i wonder how the ethereum decentralised app would operate like, they should fix the eth fees

There decentralized app will be built on ethereum network . This is what I mean , however I doubt if they will succeed in this endeavor because if high gas fee of ethereum

 

[Wisdom01]

There decentralized app will be built on ethereum network . This is what I mean , however I doubt if they will succeed in this endeavor because if high gas fee of ethereum

Yeah the fee is just too high , that is major reason other coins are moving to other network , i will advice them to build the app on another network

 

[SCAMEXPOSER]

There decentralized app will be built on ethereum network . This is what I mean , however I doubt if they will succeed in this endeavor because if high gas fee of ethereum

It is better they build it on Tron blockchain network or smartchain network to encourage people instead of ethereum with very high transaction fee

 

[Josemendez]

It is better they build it on Tron blockchain network or smartchain network to encourage people instead of ethereum with very high transaction fee

I think the reason are best known to them ,but it won't be wise to build their project on such network . People are actually utilizing the polkadot network for building their project.

 

[Wisdom01]

It is better they build it on Tron blockchain network or smartchain network to encourage people instead of ethereum with very high transaction fee

The app would be very fast abd the fees alone would be encouraging ,they should consider all these at the first instance before doing anything