Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Jaycee99 on February 08, 2021, 11:25:15 PM



Title: Why does when someone bought bitcoin in a worth of...and
Post by: Jaycee99 on February 08, 2021, 11:25:15 PM
Today I was notified I just read that there is someone who bought bitcoin worth a billion and when I saw the charts I instantly was shocked the chart for bitcoin went up.

(I read that someone bought a bitcoin and it surpasses the previews bitcoin holder that was said from my application that I been using and it was just a pop up so I did not get the chance to see it whole news and Iam still confused about how the application works.)

Who bought a billion worth of bitcoin that made bitcoin snap up? still, I know I should search the web for that I made a research and it was tesla who is owned by Elon Musk I was confused because I know he bought a billion this January 2021, and today I read an article that's about Telsa bought bitcoin that I think was the cause (I just read the headline because the article needed a login plus I don't want to for safety porpuses and it was only the one article for 2021 this month)

PS: Enlighten who bought bitcoin this month? I just want to confirm I am not the kind of person who is into getting a reliable source of news and I don't watch Television that much these days that is why I made searched on the web but it's not good enough for me.


Follow up Question:

I am still learning again been gone for a long time and Iam just into bitcoin again for 2 months so don't be like your a senior you should know this answer, please be kind.

Why did bitcoin go up in a snap when someone bought a bitcoin value this week?
and at the same time, why did bitcoin value go down in a snap when someone bought a bitcoin in the worth of billionths January?. is there a big reason, or it's just the demand and supply for the reason the value of bitcoin goes up and down?