I think that institutions are definitely hedging, if you have a business and you see an opportunity to have a safety net for your business, would you ignore it? If yes then that will be what most institutions will do, human has somewhere in their gene encoded that everything we own or cherish should be preserved. The only problem with this is that most people in the business sector doesn't know when to stop on how big their hedge is, which means that there will be less for those who can't afford a lot.

In a way, JP Morgan is right, if large firms were to follow now, the prices that they are going to pay is going to be big but I don't that it is enough excuse because they can see the potential of increase of bitcoin in the past year and I think that this will be discussed on the board meetings because the latecomers are going to be crying their hearts out because they will be buying at such a large price that they are not going to profit a lot. We just have to see what happens next because we can't trust bankers.

Btctalk name : zanezane
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I would love to imagine how the people who bought a Tesla with bitcoin are regretting their decisions, I mean if we are talking about a 3 digit bitcoin price back then and that means that a lot of bitcoin was used to buy those sweet Tesla, if I guess the transaction might have been a third-party dealer. Elon is a businessman after all, he wants to have some hedge for the chances that fiat will collapse following the mismanagement of a lot of government during the pandemic, hopefully no collapse will ever happen because that means that more people are going to suffer.

That took him time? If I were in his shoes, I would have bought when it was still looming the 20k price. I think the reason is that Elon is trying to make the board of some sort in his company Tesla to get on board with the idea of buying bitcoin, I mean Elon's hands are tied when it comes to that, he needs the approval of every stakeholder so there is no problem when things go south with his plan.

It will be helpful but I think that a lot of the Twitter people are going to be skeptic about it since it is a free course and it comes from a businessman, we all know that there are people out there that doesn't believe that free is free and that a businessman will lie to the teeth to get what he/she wants but I do agree that it doesn't hurt to join, the only problem with this free course is either it is boring or the lessons will be shortened or left at a cliffhanger. I hope that this course will become successful and that it will reach even the people that are not particularly interested in the financial institution.

Elon did the right thing because sooner or later, other rich people are going to be ahead of him if he didn't purchase that bitcoin at that time and I am sure that more will follow his footstep on buying one. Your rumor is a little scary but I am willing to believe that it will go up but I can't have this rumor dispel the possibility that prices will go down because there is still volatility in bitcoin and I don't think risking a lot will be the best move for now, safest play is to hodl.

Too sad but that is the reality, we have no money to buy that much bitcoin at every price point and we didn't know how the market will get this big. I don't think that we don't have to worry about it though, this people will not make money that easily if they go for a dump, they will be planning something elaborate to make this thing look so natural trust me. Now that I have thought of it, with almost half of 1% is publicly listed, how much is really being held by the big ones, those that did not get theirs listed, the unknown is the more scary one.

Well, OP doesn't get it and you seem to not understand that what I am pertaining is OP's misleading title. This WSB listed on CMC is an old news, can you read the title? Tesla is now on top in CMC? Then in the thread starter, you see that it is Wallstreetbets. What exactly is the meaning behind those words eh? That OP wants to mislead the readers?

This is the most misleading title I have read so far, I mean what does Tesla got to do with WallStreetBets that you named it as the one on the top of Coinmarketcap? Obviously, it is a joke and I don't get the point. CMC is just happy that the people won over the hedge fund devils and it is just a tribute.

Yeah, happened to me two times now but now, I have to be a little greedy because I know that this rise is just getting started and I don't want to miss out something big although I am still putting a point where I am going to sell what I am hodling. That is what my friend said about me in regards to selling my bitcoin for two times, there is a profit so I don't have to worry about it, it's just that at that time the profit is not that big.

It might go up to touch the 55k before the prices start wobbling up and down again. I didn't expect that the prices would go high this fast but good thing that I bought at around 28k before the prices started going up again. This will definitely be a big thing for the entrepreneurs that are following Elon and a lot of rumors about big companies are going to buy bitcoin anytime soon.

You have to be careful with this one advice though, the chances that an altcoin is a shitcoin is pretty high in most cases, they are just a fool's gold. What I think is a better way to grow the money is to invest it on gambling sites although the problem with this one is that there will be days that has losses but the profit outweighs it greatly, it is more better than just hodling your bitcoin and let it sit there and wait for the prices to grow when you can invest it. Take precaution as there are a lot of investment scams and it is best if you research and consult with people that have invested their bitcoin in a gambling site.

Get ready to tell that to the people that are to afraid to admit that they are prone to panics. The problem with FUDs is that it is relentless, everyone at the financial industry is taking a jab to make fun of bitcoin no matter where the prices are and the only thing that we can do about it is to ignore it. But besides steeling our selves against the rain of FUDs and panics from the community, we also need to be rational, we have to hear their side too, the rational to be exact. There are some out there that is clearly negative but we have to be objective and look at it in an objective way, that way we can find a way to coexist with this things, its easy to see a rational but opposing article because most of the time, a lot of FUDs are exaggerating and the rational ones are not a lot but easy to find.

Easy to convince people on paper but convincing people not to give in to their greed is a difficult thing to do. If they see an increase, they will see it as an opportunity to sell because they believe that a high price means a crash is imminent, as if they are trying to relive what happened back in 2017-2018. The solution is to have more people to buy, introduce it to a bigger market, have the regressive government lift the ban on cryptocurrency and more people becomes free from buying cryptocurrency which increases the demand which in turn a reason for increase in the prices. 1 million USD per 1 bitcoin is the current dream but I think that we have a lot of things to think of before crossing that 2 comma club.

The problem with the joblessness in America is that they are the cultural melting pot which means that a lot of people from all over the world are dreaming to go and work there especially the people that comes from poor countries and it is not their fault that they dream that, that was the American dream that was advertised. Another problem is the racism that is slowly rearing its head, it doesn't necessarily affect joblessness but there are American citizen that have different ethnicities and people are slowly regressing back to the dark part of their history dooming to repeat it, meaning that discriminating in job application and workplace itself becomes more prevalent because racist people was given a voice because of the Internet. But the biggest problem of them all is the systematic abuse that the 1% of the population are doing, making a big progress on automation without considering the displaced workers, salary is still the same for almost 12 years or so, tax write offs and being so privileged.

Easy for you to say but people have a lot of differences, if hardwork was the answer, how come there are still people out there? Why is still homelessness is a problem. Sure, lazy people are an exception but if you think about it, it is pretty offensive to the people who are trying their best to earn money to survive, don't invalidate their struggles cause they are not you. This is not just a problem that only the individuals need to solve, the government should intervene if they want to destroy poverty, the big solution is to improve education and not just any education but an education that does not make factory workers or passive workers, we also should introduce sex education, it is already 21st century and people change, we are now comfortable about it. And if you are so mad about free loaders, can you not pay your taxes then so they wouldn't get your money?

No, it won't lead to an inflation but if they continue not addressing the situation of printing money, a collapse is imminent. In short term, there won't be an inflation but that will just be a temporary fix, what USA needs to do right now is to have their people listen to the people that knows better in the pandemic, with more people not following the guidelines to prevent the further spread of pandemic then the further they go far from opening the economy without worrying about the virus. I do agree with the stimulus, definitely a lot of people who missed out on buying on the first stimulus will have to get in while bitcoin is still not that fairly high.

They are what we call the shot callers or the people behind the curtain. This could be a disaster though, with more celebrities taking notice of bitcoin the people will be getting at the price point of market that they couldn't afford because a lot of celebrities and famous people are hodling one or more bitcoin and most of them can afford to buy at any price point. That doesn't include business personalities which sees bitcoin as a big hedge to make more money and we know that they are powerful because they can buy a lot of bitcoin. To everyone, that are still doubting on hodling bitcoin, this is the ripe time to buy one and get a piece of yours because the more the rich takes notice, the lesser the chances we can buy one at a reasonable prices.

Of course it won't happen, if banks want to transfer, they don't need to have a real money to do a transfer, what they need is that they are a legitimate entity and a little tweaks in the computer on the numbers of how much amount that entity has is enough for a transfer, and they still hate bitcoin and there is no way that this banks will cooperate with their nemesis knowing that if they ever do so, they will fail miserably. I think they had already found their solution and it is not bitcoin or cryptocurrencies but they are trying to replicate the system which is by far they haven't been successful thankfully.