Elon Musk and BTC

[judeafante]

Back to Elon Musk, I really appreciate what he does. He absolutely has the purchasing power and could manipulate the minds of the people but he doesn't want everything will fall into his hands and take control of the market. What he does is to help people know about Bitcoin and sighting an important role it has today.

You don't become a billionaire for anything, every move he makes and every word that comes out of his mouth, are acknowledge and covered by the media he will play a major role in the industry just like he did in the investing and manufacturing industry, expect him to come out with innovative ideas once he goes deep in the Cryptocurrency.

[aysg76]

After announcement that Elon Musk invested billions in btc, the price that was already high, skyrocketed just in a couple of days. A lot of rumors about huge wall street investors started to appear. But I have a very short question. Which "Wall street" or other professional investor with clear mind would invest in THE MOST VOLATILE COMMODITY IN THE WORLD  after it reached $57 000

https://coinmarketcap.com/currencies/bitcoin/

I know that I will be attacked by BTC supporters, but you are welcome.

So you are talking about the most volatile commodity which gained 62000% and 300% growth this year taking the market cap above $1 trillion in just 12 years period?The fiat currencies are robbing you of purchasing power since 1990's but the only assest which is growing over time is Bitcoin with such growth rates.The wall street investors who were against its usage are turning their support to Bitcoin and major companies like Tesla, Microsoft are accepting btc payment why?Because they know its usage and increasing their networth and profits meanwhile which other assets like gold and shares have not been able to do.Be smart and think out of the traditional markets that are ruled by some influential rich people who gain by making fools of other small players in the market.Bitcoin is the future currency rest your decision.

[ivankoh]

In my opinion, Elon Musk is an eccentric genius, as many people say.  After publicly investing $ 1.5 billion in bitcoin and making a profit over a year that Tesla sold electric cars.  It is no coincidence that Elon Musk has a super foothold in terms of "effects" for bitcoin and crypto.  The comments on Tesla's tweets, whether intentional or unintentional, seriously affect the price of bitcoin.  This shows huge implications for the market and the price of bitcoin produces a ton of new ATH.  But that also means that Elon Musk himself is taking the risk.  Elon and Bitcoin unseen together form a link this year.  Lol

[Shasha80]

Elon Musk is one of the people who contributed to making the price of Bitcoin increase very drastically in 2021. Indeed, Elon Musk's influence was
so great that TESLA finally decided to invest in Bitcoin, This is what triggers other companies and other large investors to become interested
in investing in Bitcoin. And don't forget that Elon Musk's using twitter media has also succeeded in influencing his followers to invest in Bitcoin.
So we as the crypto community should really say thank you for what Elon Musk has done so far.

[Oilacris]

Back to Elon Musk, I really appreciate what he does. He absolutely has the purchasing power and could manipulate the minds of the people but he doesn't want everything will fall into his hands and take control of the market. What he does is to help people know about Bitcoin and sighting an important role it has today.

You don't become a billionaire for anything, every move he makes and every word that comes out of his mouth, are acknowledge and covered by the media he will play a major role in the industry just like he did in the investing and manufacturing industry, expect him to come out with innovative ideas once he goes deep in the Cryptocurrency.

But it doesnt mean that he would really be that professional in terms on things that do happen in crypto market.This isnt something that someone could easily able to grasp on directly

but as a billionaire then it would really be that a hard thing because you wont really be reached out into that status for nothing.Therefore, those words that do come out into his mouth

would really be mind by the community because he's not an ordinary person that you can just neglect or ignore on because you can possibly join up with the ride in case the price do hypes up.

[djgtr]

Back to Elon Musk, I really appreciate what he does. He absolutely has the purchasing power and could manipulate the minds of the people but he doesn't want everything will fall into his hands and take control of the market. What he does is to help people know about Bitcoin and sighting an important role it has today.

You don't become a billionaire for anything, every move he makes and every word that comes out of his mouth, are acknowledge and covered by the media he will play a major role in the industry just like he did in the investing and manufacturing industry, expect him to come out with innovative ideas once he goes deep in the Cryptocurrency.

Because of his determination, this is what happened to bitcoin right now it became widely popular even average person knew the importance of digital currency. Elon Musk renounced wealth, did a very interesting idea for everybody and that make us more confident right now to face the future with courage due to this man who joined us together in this journey. Holders should bare in mind that btc is more valuable than any physical asset.

[elisabetheva]

Elon Musk is a big fan of innovative technology and is usually ahead of the curve in terms of financing. Bitcoin does not have a huge investment in virtual currency or any other bitcoin system he noted that cryptocurrency has its merits and he has achieved great success by investing and he says that while it may be easier for new investors to buy digital assets right now, investors should consider some important factors before buying in the cryptocurrency market he has contributed a lot in raising the price of BTC.

It seems that what you say is very true and the fact that has happened, that bitcoin is increasing is the contribution of @elonmusk with its Teslanya which resulted in a sharp increase. Of course, @elonmusk is not the only one who does this, maybe a lot of companies and brokers do too. but initially it was clear it was all from @elonmusk's tweets that resulted in all this.

With this, it is clear that crypto now continues to be something that is very much needed in the advancement of virtual currency technology with advances that continue to develop and make advantages that do not have by another and make many investors continue to believe in crypto.