so thats why their games are so bugged... the bosses are busy playing with crypto instead of fixing their games!

It wasn't felt enough because of the timing of the buys, besides billions worth of bitcoin has just expired again, so I think it just offset these huge buys. In any case, Nexon says that they are in for the long haul so let's see the effect in the next coming months.


Would be better to hear some US Fortune 500 companies creating noises, for sure being a "US" company will have significant impact to the price. Specially companies that started to criticised bitcoin but suddenly made a U-turn and invested huge amounts.

It seems that I make wrong trade decision this time. After Elon Musk and his company "Tesla", I don't expect other big company to get involved to bitcoin market this years so I sold my btc. It seems that the price will still at high level for longer. Maybe I should buy bitcoin again now. Atleast Nexon as big company which has good image  can prevent bad sentiments if tesla sell their bitcoin.

The main reason why companies decide to invest their capital is due to the following uncertainty.


Nexon is the largest gaming company in South Korea and Japan to invest in bitcoin. In addition to becoming the first public company to entrust part of its cash as a reserve for investments such as factories, offices, know-how, patents, etc.

This new company is investing in bitcoin in order to support its capitals but at the same time demonstrates to the world that bitcoin is a reliable asset of store of value. Without a doubt it is positive for bitcoin, from my impression every time the price of bitcoin falls there is one or some companies are making investments in it.

This is exactly the reason the price of bitcoin was rallying for months without showing any signs of slowing down and even now if you look at the market if there is any signs of slowing down like a sell off then the buy wall starts to build up and investments will pour in to purchase the coin again and so is the reason after a minor correction the market is recovering today.

I too felt the same from this deal. The gaming community might be a good supporter of the crypto community but these companies are basically here to ride the wave and make some money with it. Also, they could have implemented crypto as a payment processor but they just bought BTC rather than using it.

Very lucky for those who invest in bitcoin.  How sad it is for those who invest in btc, suddenly there are people who do crazy actions to get btc at a cheap price.  Well, this is when many btc investors experience inflation.  But very lucky for that fool who has unleashed stupidity to profit in the incredible world of crypto.  most likely in the future there will still be many stupid people who want to imitate actions like him.

I presume that they are the reason for the prices going green this day  when I checked on it. I am pretty happy that companies are starting to get in the market again because that's a big sign that they will stimulate the pump of the market prices.