Bitcoin To Hit $100,000 in Five Years as Demand and ...

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The official source for CryptoCurrency News, Discussion & Analysis.
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Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit - The Block

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit - The Block submitted by YoungThurstonHowell to Bitcoin [link] [comments]

Signs of retail interest in bitcoin on the rise as Square's Cash App generates $875 million in bitcoin revenue during Q2

submitted by WaggishNickel to Bitcoin [link] [comments]

Unbelievable! Square did $875 million of Bitcoin revenue during Q2 2020.

Unbelievable! Square did $875 million of Bitcoin revenue during Q2 2020. submitted by MediumAdhesiveness5 to CryptoCurrency [link] [comments]

Square Q2 bitcoin revenue $875 million. Up from ~$300 million in Q1

Square Q2 bitcoin revenue $875 million. Up from ~$300 million in Q1 submitted by mistressbitcoin to CryptoCurrency [link] [comments]

Square's Cash App Reports A 600% YOY Increase In Bitcoin Revenue

Square's Cash App Reports A 600% YOY Increase In Bitcoin Revenue submitted by areddituser46 to CryptoCurrency [link] [comments]

As Per Square Reports 600% Surge In Quarterly Bitcoin Revenue

As Per Square Reports 600% Surge In Quarterly Bitcoin Revenue submitted by KarinHernandez to CryptoMarkets [link] [comments]

Bitcoin Revenue Recognition Discussion

Bitcoin Revenue Discussion:
This is my understanding based on comments presented to me:
Person buys $1,000 of bitcoin in their cash app. SQ recognizes $1,000 revenue and charges 2% fee of $20
This doesn't make much sense as the money isn't squares at this point, they are just holding it, but it can make sense in my mind as long as it goes the opposite way when withdrawing money.
So lets say bitcoin appreciates and the previous user's account is now worth $2,000. They decide to withdraw money:
Square recognizes -$2,000 + $60 (actual revenue $40 on withdrawal $20 on deposit), so -$1940 revenue at this time.
Why would they have it structured this way, lets think about the reasons.
1) They expect bitcoin to drop in value ?
2) They don't expect users to withdrawal bitcoin from square?
What am I missing?
submitted by whiskeyH0tel to SquareInvestorsClub [link] [comments]

Square's Cash App Reports A 600% YOY Increase In Bitcoin Revenue

Square's Cash App Reports A 600% YOY Increase In Bitcoin Revenue submitted by areddituser46 to CryptoMarkets [link] [comments]

Square reports 600% increase in quarterly Bitcoin revenue.

submitted by andrewchudwell to business [link] [comments]

Square Reports 600% Increase in Quarterly Bitcoin Revenue — CoinDesk

Square Reports 600% Increase in Quarterly Bitcoin Revenue — CoinDesk submitted by Plutusedge15 to CryptoCurrency [link] [comments]

Signs of retail interest in bitcoin on the rise as Square's Cash App generates $875 million in bitcoin revenue during Q2 (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit - The Block (x-post from /r/Bitcoin)

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit - The Block (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Square's Cash App Reports A 600% YOY Increase In Bitcoin Revenue (x-post from /r/cryptocurrency)

Square's Cash App Reports A 600% YOY Increase In Bitcoin Revenue (x-post from /cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%

submitted by Ranzware to BitNewsLive [link] [comments]

As Per Square Reports 600% Surge In Quarterly Bitcoin Revenue

As Per Square Reports 600% Surge In Quarterly Bitcoin Revenue submitted by cryptoallbot to cryptoall [link] [comments]

Unbelievable! Square did $875 million of Bitcoin revenue during Q2 2020. (x-post from /r/cryptocurrency)

Unbelievable! Square did $875 million of Bitcoin revenue during Q2 2020. (x-post from /cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Square Reports 600% Increase in Quarterly Bitcoin Revenue — CoinDesk (x-post from /r/cryptocurrency)

Square Reports 600% Increase in Quarterly Bitcoin Revenue — CoinDesk (x-post from /cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%

submitted by raaner12 to Altcoinss [link] [comments]

As Per Square Reports 600% Surge In Quarterly Bitcoin Revenue

As Per Square Reports 600% Surge In Quarterly Bitcoin Revenue submitted by CryptoCrunchApp to CryptoCrunchApp [link] [comments]

Square Q2 bitcoin revenue $875 million. Up from ~$300 million in Q1

Square Q2 bitcoin revenue $875 million. Up from ~$300 million in Q1 submitted by sexyama to crypto_currency [link] [comments]

Square's Cash App Reports A 600% YOY Increase In Bitcoin Revenue

Square's Cash App Reports A 600% YOY Increase In Bitcoin Revenue submitted by areddituser46 to CryptoCurrencies [link] [comments]

As Per Square Reports 600% Surge In Quarterly Bitcoin Revenue

As Per Square Reports 600% Surge In Quarterly Bitcoin Revenue submitted by KarinHernandez to CashApp [link] [comments]

Bitcoin and Canadian taxation of cryptocurrencies ... Bitcoin Revenue Up For Square Cash App - BTC A Digital Asset China Court - Ripple ISO 20022 - ErisX Square’s Bitcoin Revenue Increases by $6 Million in Q3  Ripple  Stellar  Crypto News Get More Customers And Revenue When You Host A Coin Cloud ... Accounting for Cryptocurrencies under IFRS - YouTube

Bitcoin mining revenue with the latest generation hardware ranges anywhere from $70/MWh to north of $200/MWh depending on price, global hashrate and difficulty." Time will tell, but Rainey did add ... Buy Bitcoin Trade. Sponsored Content. Currency Statistics. Block Details. Mining Information. Total Hash Rate (TH/s) Hashrate Distribution. Hashrate Distribution Over Time. Network Difficulty. Miners Revenue (USD) Total Transaction Fees (BTC) Total Transaction Fees (USD) Fees Per Transaction (USD) Cost % of Transaction Volume. Cost Per ... The company’s net revenue, including bitcoin revenue, was $1.92 billion, an increase of 64% year over year. Its gross profit, including from its bitcoin business, rose 28% year over year to $597 ... Bitcoin mining produced five billion U.S. dollars in revenue in 2019. This represents a 26 percent decrease, but their revenues increased almost 65 percent between 2017 and 2018. This suggests ... Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took ...

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Bitcoin and Canadian taxation of cryptocurrencies ...

#Bitcoin #XRP #Ripple #Crypto #Cryptocurrency #Blockchain - Most of Cash App’s $528M Revenue in Q1 Came From Bitcoin - Bitcoin Is a Digital Asset Says Intermediate People’s Court in China https://www.ifrsbox.com Short explanation for accountants of how cryptocurrencies work (without lots of technical details) and how to apply IFRS to accountin... This particular meetup was about crypto tax and fiscal policies in Canada. If you are already investing in crypto this question cannot be avoided. How will t... Learn how to mine Bitcoin with an Excel spreadsheet. Check out the following video for info on 21's Bitcoin computer, which can actually be used to mine Bitc... #Cryptos, the Revenue #Revolution! Be the change, don’t just make change! ... Please help me spread the crypto message by supporting my Bitcoin Ben meetups by joining my Patreon group. https ...

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