Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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Interesting. Im wondering why he was so late. He was pretty much aware of cryptocurrencies for a long time, I remember he was tweeting about bitcoin last year. Was he too afraid to buy below 10k when it was dumping?/
It's that part of psychology where even if they knew about it years ago, it was too small to pay attention to. Besides, he was busy making electric cars and rocket ships. Now that they've got some cash in their treasury that they are not using at the moment (and probably don't need to), they just put it into bitcoin. It's relatively safer now. If you had a billion dollars 10 years ago, would you put it into bitcoin? Probably not. It would have been a gamble then, but one that we now know would have made excellent returns. Saylor himself saw bitcoin as early as 2013 but completely forgot about it and rediscovered it only last year or so. These things take time. Some "legendary investors" have got it all completely wrong, they simply just do not understand it yet. Some never will. For those of us that do, it is still early times.
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Biodom
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Activity: 3892
Merit: 4332
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Any idea what was TESLA's average price for bitcoin they bought?
Elon Musk had that public exchange with Michael Saylor, that Micg posted, on Dec. 20. So, they probably bought sometime after that, unless Musk was just feigning ignorance. If they bought between 12/20 and 12/31, their average would be in the mid to upper $20Ks. Their public release says that they change treasury policy in January, so I assume it was later than 12/31. From what I understand, they purchased the $1.5B in Q4 2020. They revised their treasury plans in January, 2021 to allow them to trade other cryptos, etc. From their SEC filing: In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt. Says that updated policy in Jan 2021 and thereafter invested. https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htmpg 23
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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February 08, 2021, 07:15:51 PM |
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.... basically pump for ants, 42k completes the handle with scary-good timing, boomtime is upon us.
... Plottwist musk is actually part of S.African expat cabal that is satoshi, the guy who did the actual coding is in custody for gun-running and codes/hacks for the CIA while serving out his sentence
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El duderino_
Legendary
Online
Activity: 2646
Merit: 12959
BTC + Crossfit, living life.
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February 08, 2021, 07:16:52 PM |
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Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.
50k this week... by Friday and thats being bearish
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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February 08, 2021, 07:17:52 PM |
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MicroStrategy bought another 100 million a week or two ago. Tesla would probably have bought before then. So within the first two weeks of January is the most likely time frame for Tesla to buy, which coincides right before Elon updated his twitter bio profile to show #bitcoin.
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El duderino_
Legendary
Online
Activity: 2646
Merit: 12959
BTC + Crossfit, living life.
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February 08, 2021, 07:18:52 PM |
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.... basically pump for ants, 42k completes the handle with scary-good timing, boomtime is upon us.
... Plottwist musk is actually part of S.African expat cabal that is satoshi, the guy who did the actual coding is in custody for gun-running and codes/hacks for the CIA while serving out his sentence
Indeed, this pump isn't over yet, 50K at the least this week? Followed sharply next coming weeks by 60-70K... Ofcourse DYOR, just my 2 cents ( or the ones of a good friend.)
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soullyG
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February 08, 2021, 07:23:46 PM |
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.... basically pump for ants, 42k completes the handle with scary-good timing, boomtime is upon us.
... Plottwist musk is actually part of S.African expat cabal that is satoshi, the guy who did the actual coding is in custody for gun-running and codes/hacks for the CIA while serving out his sentence
Dude, you really need to take your meds.
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UnDerDoG81
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Activity: 2179
Merit: 1201
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February 08, 2021, 07:23:47 PM |
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Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.
50k this week... by Friday and thats being bearish Fingers crossed. But with such incredible news we should be at 100k already lol.
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El duderino_
Legendary
Online
Activity: 2646
Merit: 12959
BTC + Crossfit, living life.
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February 08, 2021, 07:24:42 PM |
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El duderino_
Legendary
Online
Activity: 2646
Merit: 12959
BTC + Crossfit, living life.
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February 08, 2021, 07:25:33 PM |
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Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.
50k this week... by Friday and thats being bearish Fingers crossed. But with such incredible news we should be at 100k already lol. So you say everyone has exchanges with FIAT ready... ?? Its a start for the coming weeks
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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February 08, 2021, 07:26:17 PM |
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There is that rumor about Apple too... who knows. Something is going to happen. It's also a smart move for them. That and all those 5000 executives of corporations that attended the MicroStrategy bitcoin conference.
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dieselmeister
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February 08, 2021, 07:27:11 PM |
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That's not goosebumps, that's Genital warts. how come you have such detailed knowledge? i dont recall meeting you. You never called, you just took what you wanted and left. Bastard. Now I have bumps on my lips. Muhahaha ... even better
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dieselmeister
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February 08, 2021, 07:28:48 PM |
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edit: new ATH before February 14th. i take bets.
Could be tomorrow or Tue. he he he....Nice! Maybe today AND Tue? Maybe on the 14th, too ...
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El duderino_
Legendary
Online
Activity: 2646
Merit: 12959
BTC + Crossfit, living life.
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February 08, 2021, 07:31:08 PM Merited by LFC_Bitcoin (1) |
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DaRude
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Activity: 2893
Merit: 1886
In order to dump coins one must have coins
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February 08, 2021, 07:37:54 PM |
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For the history books... 11min later Mega-pump in progress.
$40k conquered (again).
ATH imminent.
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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February 08, 2021, 07:40:00 PM |
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.... basically pump for ants, 42k completes the handle with scary-good timing, boomtime is upon us.
... Plottwist musk is actually part of S.African expat cabal that is satoshi, the guy who did the actual coding is in custody for gun-running and codes/hacks for the CIA while serving out his sentence
Dude, you really need to take your meds. ... truth is stranger than fiction .... in a world filled with lies, deception and oppression, only the insane would tell the truth
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UnDerDoG81
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Activity: 2179
Merit: 1201
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February 08, 2021, 07:55:57 PM |
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There is that rumor about Apple too... who knows. Something is going to happen. It's also a smart move for them. That and all those 5000 executives of corporations that attended the MicroStrategy bitcoin conference.
If so, Musk did them no favor to buy low lol
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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February 08, 2021, 07:57:31 PM |
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for those of you hoping sars-cov2 is going to go away there is some possible bad news ahead. Vaccines might be only 10% effective against the new strains, that seem to 'evolve' on a timeline curiously just out of reach for vaccine development
it is possible the new vaccine variant rollouts every 9 months will make big pharma stupendous profits for 5-10 years at least, ( they found over 2k bat coronaviruses in the cave in Yunnan for future reference, and can dial in any old spike protein you like in the Wuhan lab of virology, and who really knows what Mother nature will throw up when you open that Pandora's Box and let it run wild in humanity for a decade??)
and in case the plagues are not depressing enough for you here's something to sober you up properly.
the historical schedule with a progression of plagues, civil unrest, political extremism, monetary upheaval, currency wars, trade wars and finally hot war has escalated to the product hoarding and blockade stage (china has now raided the grain markets and ceased semi-conductor exports).... hot wars are a very real possibility in the near future " when goods stop crossing borders armies start crossing borders"
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