21 thoughts on “The Bitcoin Fever is Taking Square’s Stocks to the Moon

  1. DartmouthBG March 14, 2018 / 4:11 pm

    Mooning as in 6% above its high in November 2017. Gotcha.

  2. autotldr March 14, 2018 / 4:11 pm

    This is the best tl;dr I could make, [original](https://btcmanager.com/bitcoin-fever-taking-squares-stocks-moon/) reduced by 82%. (I’m a bot)
    > Square, the overtly bank-like tech company who are the developers of Square Cash app announced in November 2017 that its customers will be able to trade bitcoin at a no charge rate via its cash payments app.

    > Square cash can be likened to a checking account which allows users to conveniently receive deposits from employers as well as withdraw cash with their Cash Card in partnership with Sutton Bank.

    > Meanwhile Square sees the trading of bitcoin as a way to attract new customers especially because most major banks are still very unsure whether to thread that part.

    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/843wnl/the_bitcoin_fever_is_taking_squares_stocks_to_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.00, ~295076 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **Square**^#1 **Bank**^#2 **Cash**^#3 **bitcoin**^#4 **customers**^#5

  3. Luffydude March 14, 2018 / 4:11 pm

    Shouldn’t it be because they are releasing FFXV royal edition?

  4. BluApex March 14, 2018 / 4:11 pm

    I don’t think any stocks are mooning right now

  5. headedtojail March 14, 2018 / 4:11 pm

    I got a bit excited….but really it is just barely above the high of the Bitcoin announcement a while ago….

    But yes, I believe in the stock.

  6. cikatomo March 14, 2018 / 4:11 pm

    what is the sign of Square stock?

  7. Snakefeet101 March 14, 2018 / 4:11 pm

    Is this like Revoult? In revoult you can buy and sell bitcoin ethereum and litecoin but you CANNOT transfer which is a big downer and was a big NO GO from me.

  8. Zombie4141 March 14, 2018 / 4:11 pm

    Can confirm SQ and CME are my highest performing stocks.

  9. darkstarman March 14, 2018 / 4:11 pm

    Take just a moment to ponder what it means, that a production rollout using the existing bitcoin network has succeeded and exists, while all these other “blockchain initiatives” we hear “coming soon” never arrive.

    There is a fundamental reason for this that AAntonop explains.

    Here is just one game-theory consequence playing out to prevent “blockchain is good, bitcoin is bad” from ever materializing, but there are many:


  10. synchronicity16 March 14, 2018 / 4:11 pm

    I think we need to understand the motivation of the person who wrote this? Pumping the stock? Getting paid per article?

    BTC Manager can you answer ?

    It’s clearly not an accurate reflection of this stocks performance or it’s performance against the market …

    Look at square’s chart and you’ll see the bull run started 2 years ago and went parabolic way before november 17 … in fact in Nov 17 it took a dive …

  11. azzazaz March 14, 2018 / 4:11 pm

    Bitcoin will have a marketcap bigger than Gold. That puts each coin at at least $300,000 per coin.

  12. Bitcoin-Yoda March 14, 2018 / 4:11 pm

    Sell now all shit stocks of Square, buy Bitcoin. You will be much better like that.

  13. grahamcracker56 March 14, 2018 / 4:11 pm

    I didn’t even know Square had a stock
    I’m sure I’m not the only one

  14. ellensundies March 14, 2018 / 4:11 pm

    God damn, really? I hadn’t thought of investing with them.

  15. RightWingPrankSquads March 14, 2018 / 4:11 pm

    What fever? Its down 60% from the ATH. Crypto was the fidget spinner of finance.

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