Dave Scott Portnoy, the founder of the sports and pop culture blog, Barstool Sports, appears to be living and breathing in the Bitcoin world.
Recall, NewsLogical’s report last week, how Dave, the Barstool’s boss immediately went ahead to invest a huge 250,000 USD into Gemini’s crypto exchange, so it’ll be converted to Bitcoin, after a brief discussion with the Winklevoss’ twin.
Yesterday ending, Dave says he has no regret whatsoever investing in cryptocurrencies, as he’s willing to pump and dump all day long since the crypto industry is making him smile to the bank.
In his discussion with Davey Day Trader stream, Portnoy is heard speaking boastfully about his investment in the giant crypto, which he began a week ago. To further buttress this, he calls himself the “King of Bitcoin”. He proudly says he’s sure to make up to 1,000,000 USD in Bitcoin, within a month.
“At this rate, I’ll make a million dollars a month in Bitcoin,” he said on Monday.
Without mincing words, one can be sure to say, Portnoy, has been bitten by the crypto bug as he didn’t stop at chattering about BTC alone, but made comments on Chainlink and Orchid, which he’s fondly heard, pronouncing as ‘Orchard’.
Due to his investment of $50,000 in LINK last week, Dave now refers to himself as infamous Link Marines. He professes he loves LINK and announced his worth on Chainlink as $300,000, and he has just begun investing in crypto.
Portnoy consistently calls the attention of his over 1.7 million followers on Twitter, to pump and dump in Orchid’s OXT. Although, Orchid doesn’t seem to have benefited from Portnoy’s Pump.
Nevertheless, Dave says, he’ll rather invest in cryptocurrencies as it seems encouraging, other than pump and dump in the traditional market due to the oversight U.S. Securities and Exchange Commission.
Bitcoin Sets To Become a Blessing To Its Investors After Trump’s Proposed Tax Cut
For the upcoming U.S. Presidential election, slated to hold, Tuesday, 3 November, President Donald Trump, in an interview with FOX Business, last Thursday has proposed to cut capital gains tax, in a bid to help the United States economy recover from the COVID-19 induced recession.
This is considered part of his campaign to secure the Presidential seat, the second time. Though envisaged, should this happen, then, it would be a blessing for Bitcoin investors.
Although this may not be as easy as Trump thinks, as the gains cut would have to come from Congress.
However, the impact of the cut would last longer than a year, and crypto investors could seize this opportunity to invest in cryptocurrency and other capital assets.
