Mad Rush to BTC Coming Soon as Barstool Sports' Dave Portnoy Declares ‘I Want to Buy All the Bitcoins'

After the stock market, Dave Portnoy has developed a burgeoning interest in diving back into Bitcoin after a previous venture into the crypto market during the course of it's 2017 bullish run.

Dave Portnoy, the founder of Barstool Sports, has now turned his attention to Bitcoin as he said, “I want to buy all the bitcoins.”

Portnoy took to Twitter to rant about how he doesn't know how to buy bitcoin and doesn't want to deal with hardware wallets in order to keep his assets safe. He doesn't want to deal with lengthy passwords. A concern is probably holding back a lot of new comers.

“I don't wanna do bitcoin because I don't understand the fuck it is,” said Portnoy.

He also shared how he “bought Bitcoin in that original Bitcoin age,” and that he spent an estimated $20,000 that is “just sitting in the ether.” But he doesn't know how to access it or what has become of his investment.

Back in June, Portnoy shared a video of another rant about bitcoin from 2017 and said his stance hasn't changed over these years. At the height of the bull market, he said he “can't get enough” of bitcoin even though he said, “It's like Mario brothers.”

On Tuesday, he invited the Winklevoss twins, the now Bitcoin billionaires that co-founded the cryptocurrency exchange Gemini, to explain Bitcoin to him.

“I'm officially inviting the Winklevoss twins to my office to explain bitcoin to me,” Portnoy said. “If the Winklevosses want to come over and tell me how to do this in a way that I understand, I will look into Bitcoin. I want both of the Winklevosses, I want them in their little fucking row outfits, and I want them sitting in this chair being like, ‘This is how you do it,'” he said.

Tyler Winklevoss accepted the invitation with his brother Cameron adding, “I'm in too.”

Portnoy has been stealing the limelight in 2020, having built a reputation as a stock market day trader during the coronavirus lockdown, launching his own series he dubbed ‘Davey Day Trader Global (DDTG)'. He has been riding the massive rally the stock market is seeing thanks to all the unprecedented market intervention, money printing, by the US Federal Reserve to prop up the economy.

The crypto community welcomed Portnoy's interest in Bitcoin. This could turn out great for the digital asset if Portnoy's day trader army; his 1.7 million followers on Twitter, jumps into Bitcoin as well.

Trader Cantering Clark said a meeting with the Winklevoss twins would make Portnoy “see the clear value proposition in Bitcoin.” He also expects Portnoy “to be quite vocal about it afterward.”

“The REAL retail craze will come after ATH's. But, if @tylerwinklevoss and @stoolpresidente want to give the @RobinhoodApp retail crew a head start on the mad rush that will be coming soon, then I say WELCOME to the party!” said another trader Mr. Anderson.

Already, the Bitcoin market is enjoying an uptrend since it broke above the critical $10,000 level. The largest cryptocurrency is up 54% YTD and more than 190% since its March lows.

Bitcoin (BTC) Live Price

1 BTC/USD =$10,690.6274 change ~ 0.66%

Coin Market Cap

$197.67 Billion

24 Hour Volume

$111.32 Billion

24 Hour VWAP

$10.68 K

24 Hour Change

$70.0633

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

AnTy
AnTy
AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,482FansLike
2,795FollowersFollow
4,266FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Investors With Low Financial Literacy Are Twice As Likely to Own Crypto vs Market Gurus: Bank of Canada Report

A new study released by the Bank of Canada has revealed that folks with lower financial literacy are more likely to own Bitcoin than...

Love it or Hate it, UNI Token Stands to Benefit from Uniswap’s Evolution

After releasing the UNI token as part of Uniswap V3, the first update for Uniswap V3 has been made on Github. It might say...

Israeli Draft Bill Proposes Bitcoin be Defined as Currency to Cut Down the Hefty Capital Gain Tax

Four members of the Knesset, Israel’s legislative body, from the Yisrael Beiteinu faction, the secular nationalist political party, have submitted a private member’s bill...

TRON Partners With BitGo To Mint New Wrapped Bitcoin And Ethereum Tokens On Its Blockchain

TRON launches wrapped Bitcoin and Ethereum on its blockchain. The blockchain aims at taking over the raging DeFi market. Tron announced a partnership with...

More Urgent than Ever – Ethereum Layer 2 Solution Goes in its First Phase of Testnet Launch

Ethereum layer 2 solution Optimism is welcoming the first phase of the Optimistic Ethereum Testnet. This development has become a necessity of the market thanks...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today