OK let us walk through the Elon Musk Tweet here.
The link is below:
https://twitter.com/elonmusk/status/1340588909974200321?lang=enThat was 6 days ago today, pretty sure 5 days.
So 6 days ago the price of Bitcoin was according to Coinmarketcap.com
www.coinmarketcap.com at the HIGH for that day of $24,161.65 USD
currently, at the time of this post, the price is $26,874.92 another All-Time-High for Bitcoin!
Doing the math, that means that IF Elon Musk would have bought 1 million Bitcoin at the December 20th price of that date above
he would have in the last 6 days made a 10.09% increase on or say about 109,000 USD (I think that is ballpark)
Now, remember it takes 11 plus days to make 1 million SECONDS it takes 31.5 YEARS to make 1 Billion Seconds...so the 1 million above is 'chump change' to Elon Musk.
Elon Musk does NOT like Bitcoin because it takes away Tesla's traditional stock glory and shine...if not for Bitcoin all $$ would likely be moving/more to Tesla stock as we speak!
If Elon Musk would have bought Bitcoin 1 month ago it would have been more than a 40% gain.
So remember his 'motives'
Anyway, thought it appropriate on this thread. Actions have 'consequences' ..especially the BS comment seems not to be true..don't ya think Elon?
(damn, I hope he is at least on bitcointalk.org)
Brad