📟 The Pager: Who the f*ck is this?!
Biggie, Bitcoin, Oil,& Square
Nahrabbits created The Pager spin-off to communicate digestible messages to people about the not so obvious shit going down in tech & cool finance.
Enjoy It and Tell Everyone.
The B.E.A.S.T.S. a quick summary of the six entities we mess with on the regular.
Internet Money and Stonks!
📈Bitcoin - Ahem! Halving is 15 days away.
That means that the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post halving.
Bitcoin Price: $7500
⛽Ethereum - Super amped: ETH 2.0 is slowly creeping…hella slowly.
Eth the Beast Price: $195
🥽Apple - Augmented Reality glasses are rumored to be in the works.
Stonk Price: $286.20
🔲Square - Bruh, Bitcoin drove almost half of CashApp’s revenue in Q4.
That’s $178m of $361 million, cash money.
The Cash App as a whole drove $361 million in cash money in Q4. Square's total revenue for Q4 2019 was $1.31 billion. Square's profits for the year were $1.9 billion.
The company is projecting up to $715 million in transaction and bitcoin costs for Q1 2020.
CEO of Square & Twitter, Jack Dorsey, donates 28 percent of his current rack💸 worth, or about a cool $3.6 billion.
Stonk Price: $63.25
Gartner states:
"If Square succeeds in growing its bitcoin business across the globe, especially in areas where fiat currency is not easily and readily accepted by merchants, and in hyperinflationary countries, the company will have a major advantage over its payment processing competitors" .
🚗Tesla - Why Tesla is still headed toward $6,000 per share, per Cathie Woods.
Article Highlights
Yet even though Tesla’s stock has fallen from its February heights, ARK remains extremely bullish. The firm’s new projection — factoring in the economic downturn and the closure of Tesla’s factories due to the coronavirus pandemic — is a 2024 share price of $6,800.
The reason for this optimism, according to Wood, is the ARK team’s belief that Tesla will introduce an “Uber-like” service with real drivers before it launches its autonomous car service. -Institutional Investor, Peep the rest, here.
Stonk Price: $741.00
Shopify - “Amazon is trying to build an empire and Shopify is trying to arm the rebels,” - Tobi Lütke, CEO (video)
$SHOP, 🆙 over 50% this year! It will run again.
Stonk Price: $646.00
Note: Honorable Stonk or Crypto mentions will occur, but we will be focusing mainly on what B.E.A.S.T.S. has going on regularly.
Enjoy skimming ….
Coinbase - Can you say stimulus check? Coinbase saw a huge surge of $1,200 purchases of Bitcoin being bought. Binance did too.
🎧a16z says build muthafu*cka, build! | Listen to Audio Version
{Never In History has Oil been a liability}
Finally, it happened.
⛽Oil -Mageddon. Yes, Oil fell to $.01 penny on 4/20/2020. Meaning you could have gotten 10,000 barrels of oil for $100 bucks. Now, where are you going to store it, tho? #TheProblem
But how, Sway?! Simple Tweet to explain what happened to oil …
Oh and Margin Calls ..
✨But someone always has to come in and throw some Bitcoin into this, right?
We thought one of the most compelling tweets came from Spencer Noon, about oil vs Bitcoin (digital commodities).
We dig it.
And like clockwork. USO has been tanking for years, and yet ppl still piled in.
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