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Bullboard - Stock Discussion Forum Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Technology Software - Application
Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > This could send BTC and BITF to Stratosphere
View:
Post by krightg9bo on Feb 14, 2021 7:49am

This could send BTC and BITF to Stratosphere

https://insidebitcoins.com/news/morgan-stanley-proposes-massive-150-billion-investment-in-bitcoin
Comment by jonahb on Feb 14, 2021 9:15am
Hahahaha into the stratosphere
Comment by krightg9bo on Feb 14, 2021 1:04pm
Not enough room, I had to shorten a word.  LOL
Comment by scarri101 on Feb 14, 2021 3:15pm
That's all good, but is there enough BTC available for this ? the 22 million cap on BTC might become an issue eventually.
Comment by jonahb on Feb 14, 2021 4:36pm
We won't reach that point until approximately 2040
Comment by krightg9bo on Feb 14, 2021 8:05pm
you mean the price of gold at 2040?
Comment by jonahb on Feb 14, 2021 8:35pm
No I was replying to the person who asked about what happens when all 21 million bitcoin are mined. And I simply said that won't happen until approximately 2040.
Comment by Dateraider on Feb 14, 2021 9:13pm
Can't forget you can always reduce the denominations further. You may currently also purchase 'satoshis' which behave as a fractional bitcoin.
Bitfarms Ltd
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