Tag: BTC

You Can Now Buy AMC Gift Cards With Dogecoin

You can now buy amc gift cards with dogecoin
#DogecoinToTheMoon #AMC AMC Dogecoin

In today’s crypto news, Adam Aron just announced you will have the ability to purchase gift cards online or at an AMC movie theater with Dogecoin cryptocurrency using a BitPay wallet.

Adam Aron announced sometime in September AMC Entertainment would be looking into accepting the purchase of movie tickets online with Bitcoin by the end of the year.

After a few polls on Twitter, the CEO has agreed to implement Dogecoin and other cryptocurrencies as well.

franknez.com dogecoin amc

Welcome to Franknez.com – great news today from the CEO and President of AMC Entertainment. Adam Aron continues to surprise the world yet again.

Let’s get started!

AMC Entertainment Is Now Accepting Cryptocurrency

Adam Aron first announced the idea of accepting Bitcoin and other cryptocurrencies as form of online payment during the quarter 2 earnings conference call this year.

The conference call surprised the world and made several headlines. Well now this vision has come to fruition and retail investors can now purchase gift cards without the USD.

This shift is going to create a domino effect where more companies will begin to soon follow.

If you’ve been able to multiply your USD through cryptocurrency, then your purchases can essentially be free to some extent.

Leveraging your gains from cryptocurrency could be a bargain to getting deals from your favorite brands. I’m personally sticking to building wealth though.

No matter, this news is extremely bullish and shows the strong innovation behind this century old movie theater chain.

I wouldn’t be surprised if we begin to see Dogecoin rise again. I’m extremely bullish on AMC stock too and look forward to seeing both these assets reach the moon.

What Other Companies Are Accepting Dogecoin?

Here’s a list of companies accepting the purchase of credit cards with BitPay Wallet right now:

  1. Adidas
  2. Amazon
  3. AMC Entertainment
  4. American Eagle
  5. AutoZone
  6. Barnes & Nobles
  7. Bass Pro Shops
  8. Bath & Body Works
  9. Bed Bath & Beyond
  10. Burger King
  11. Burlington
  12. Dominos
  13. DoorDash
  14. GameStop
  15. Guitar Center
  16. H&M
  17. The Home Depot
  18. Nintendo
  19. Playstation
  20. Spotify

The list goes on and on. The acceptance of cryptocurrency goes to show just how valuable companies now think digital currency is.

They understand that over a period of time, that crypto can be worth a significant amount of money more since the date of its very first transaction.

So, should you spend crypto on retail stores and companies? I personally rather invest in them long term.

Bitcoin is up almost 400% this year, Dogecoin is up more than 9000% compared to 1 year ago.

The best way you can leverage your crypto to experience your favorite brands would be to use a percentage of your gains. This way you don’t touch the principle on your investment nor the full amount on your gains.

By using this leverage as a lifehack, you’ll be able to not only multiply your hard earned money, but also take advantage of bargains and deals.

Will You Be Using Crypto To Buy AMC Tickets Or Gift Cards?

Leave me a comment below. I would love to know your take on this. Do you see yourself using crypto to buy AMC tickets? Do you see yourself using cryptocurrency to buy anything from your favorite brands at all?

Since these assets are going up in value over a period of time, I think the best way you can leverage your crypto is once you’ve made quite some significant gains!

I certainly see myself leveraging my gains if it means only a very small percentage of my gains will be used for entertainment or recreational purposes.

I mean, you certainly don’t want to give up your entire earnings right!? Otherwise it would defeat the purpose of using crypto to multiply your earnings in the first place.

Cryptocurrency Lifehack Will Be Good

I think that if managed properly, cryptocurrency could be a great lifehack as I’ve explained above. Financial literacy is already difficult for most to get a grasp on.

But I think that most people who are already investing in cryptocurrency are financially literate to the point where they understand they need to move their money to make more money.

By leveraging our gains properly, I think we might just have the opportunity to add a ton of value to our lives as both consumers and investors.

And if you haven’t diversified enough to have crypto in your portfolio, I suggest using the exchange Kraken to buy your cryptocurrencies.

I walk you step by step on how to open your account here. If you’re on my Patreon, you get updates when I purchase stocks and crypto in case you’re curious.

FrankNez AMC Dogecoin

And lastly, if you enjoyed this post please be sure to share it. I’d appreciate it very much. Thank you for being here, hope to hear from you below.

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Analyst Predicts Bitcoin Price To $170K By End Of 2022

Bitcoin Price to $100,000
Bitcoin Price Prediction $170,000

Capital.com analyst, Mikhail Karkhalev predicts Bitcoin will reach $170,000 by the end of 2022 or early 2023.

The analyst said, “Bitcoin’s prospects in the medium to long-term are promising“. He predicted Bitcoin to rise to $80,000-$85,000 by the end of 2021. But he’s not the only one who thinks Bitcoin will surge past 6-figures.

franknez.com

Welcome to Franknez.com – if you’re part of my Patreon group you know how much I love Bitcoin. BTC and AMC are my biggest plays right now.

Lets get started!

If you thought it was too late to get into Bitcoin, you’re not alone. I was in the same boat before I put my first $100 in the cryptocurrency. Now, $100 is not much to invest in but I was testing the crypto market to see whether it be something I could invest in long term.

So, I decided to purchase my first fractions of Bitcoin using the exchange known as Kraken. I bought in when BTC was around $60K per coin and then it plummeted to about $29K. Good thing I only put $100.

But here’s what happened next. I did a little more research and stumbled across the information that Bitcoin’s demand can easily send it to 6-figures per coin. I was sold and have put 4-figures in this vehicle around $32K. BTC has now risen close to $50K. Once BTC reaches $64K, I would have doubled my money.

Bitcoin Price Prediction: Forbes

According to Forbes, an expert panel has predicted that Bitcoin price will climb to well over $100,000 in 2021. A third of the panelist surveyed believe Bitcoin price could soar higher, reaching beyond $120,000 this year.

But get this, the panel average says Bitcoin price will skyrocket to a whopping $107,484 at some point during 2021.

Bitcoin Price Prediction Forbes
Bitcoin Price Prediction: Forbes

Experts are extremely bullish on Bitcoin. It’s a matter of supply and demand, similar to what we’re seeing with AMC Entertainment stock.

Bitcoin is a different monster though, with all respect.

Why Is Bitcoin Going Up?

Bitcoin price is going up mainly due to supply and demand in the markets. Institutions and retail investors alike continue to buy the limited cryptocurrency.

CNBC asked Chamath, an early Facebook investor and venture capitalist, how high he thinks Bitcoin will continue to soar earlier this year.

Listen to Chamath’s response below.

Chamath Bitcoin Price CNBC

“Where is it going? It’s probably going to 100, then 150, then 200 thousand”. Chamath was one of the first people to invest in Bitcoin a decade ago.

He’s worth more than $1 billion today and is the founder and CEO of Social Capital, an organization of investors focused on creating more opportunity globally.

How Much Was Bitcoin Worth When It First Started?

Bitcoin price started trading at approximately $0.08 per coin back in July of 2010 but was worth even less during inception.

Here’s how much money you would have today if you invested in Bitcoin when it first started:

  • $100 in BTC would = $61 Million today
  • $500 in BTC would = $308 Million today
  • $1,000 in BTC would = $617 Million today

But don’t beat yourself up for it. The important thing that matters today is that now you know just how much further Bitcoin price can reach.

It’s what you do today that matters.

Is Bitcoin Overvalued?

Most experts don’t think so. In a panel by Finder, 76% of respondants thought Bitcoin was not overvalued with only 24% saying it was.

Is Bitcoin Overvalued?
Is Bitcoin Overvalued? – Graph

I think most people are intrigued with what’s happening with Bitcoin today. FOMO (fear of missing out) is causing new investors to buy Bitcoin.

Because Bitcoin is limited, the cryptocurrency has a high demand. And it’s especially attractive when you compare gains from parking money in Bitcoin then the gains from a money market account.

Bitcoin could be a great vehicle to put some money in while its value continues to surge. One thing is certain and that is your bank will never give you these returns.

What Are The Top Companies Holding Bitcoin?

  1. MicroStrategy | 105,085 BTC
  2. Tesla | 42,902 BTC
  3. Galaxy Digital Holdings | 16,400 BTC
  4. Voyager Digital LTD | 12,260 BTC
  5. Square Inc. | 8,207 BTC
  6. Marathon Digital Holdings Inc. | 5,784 BTC
  7. Coinbase Global, Inc. | 4,482 BTC
  8. Bitcoin Group SE | 3,947 BTC
  9. Hut 8 Mining Corp | 3,522 BTC
  10. Riot Blockchain, Inc. | 2,243 BTC

These are the top 10 public companies with the biggest Bitcoin portfolios according to Decrypt.

Multiply the number of BTC each company holds by Bitcoin’s current price and you’ll be astonished by the amount of money that translates to.

The price of Bitcoin as of this publication is around $49.8K per coin. We’re so close to reaching $50K.

Should You Buy Bitcoin?

There’s no question about it. Bitcoin is correcting itself back to $60K per coin and with analysts prediction bitcoin to $100,000 and beyond, why wouldn’t you?

At first, I was hesitant about Bitcoin. I thought it was too late to buy it, I didn’t know you could buy fractions of it, and to be honest I didn’t even know how to buy it.

But if you’re interested in diversifying your portfolio now and want to put multiply your money with this cryptocurrency, read this article on how to buy Bitcoin with Kraken exchange.

Are you invested in other cryptocurrency?

Franknez.com

Are you invested in other cryptocurrency besides Bitcoin? If so, let me know in the comment section below what that crypto is. Or, is this your first time getting into Bitcoin? I’d love to know.

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