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Topic: Is Elon Musk looking to buy more Bitcoin ? - page 4. (Read 516 times)

hero member
Activity: 2744
Merit: 702
Dimon69
February 22, 2021, 12:37:01 PM
#8
with moments like this, how could an Elon not take advantage of the condition of bitcoin which is being corrected. Obviously he knew earlier than us he had even stocked even more. he will be enthusiastic about making massive games.

The hype is still on and definitely Elon will take advantage to acquire more knowing his too influential and can convince many big companies to join or invest in crypto too. It’s still not late to take advantage of the chance to acquire more BTC especially this pandemic that some economy is having some problem other investors will shift to find way to still earn.
legendary
Activity: 3178
Merit: 1054
February 22, 2021, 12:34:39 PM
#7
now is a good time for him to buy. he always wants to push the price up so it's time for him to do it again. there is nothing left but good news that will make people buy BTC or his tweet announcing his purchase of another bag of BTC. it could be a nosedive if there isn't something eccentric like him. him tweeting can already manipulate the market.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
February 22, 2021, 11:57:20 AM
#6
with moments like this, how could an Elon not take advantage of the condition of bitcoin which is being corrected. Obviously he knew earlier than us he had even stocked even more. he will be enthusiastic about making massive games.
hero member
Activity: 2954
Merit: 796
February 22, 2021, 11:48:56 AM
#5
I'm not sure if he will be buying more but he will start accepting bitcoin payments for his electric cars. So, it looks like he is more interested in blockchain technology than the coin market.

https://www.theverge.com/2021/2/8/22272103/tesla-bitcoin-investment-1-5-billion-cryptocurrency-payments

This is what I'm thinking. Elon is very smart and sure that he already acquired sufficient BTC for his position before he fully hype the market. Accepting Bitcoin as payment for his business is more reasonable method for him to acquire more rather than buying more through OTC so that it might boost the crypto market by showing adoption of Bitcoin on his business.
legendary
Activity: 3080
Merit: 1500
February 22, 2021, 11:39:01 AM
#4
The ultimate market manipulator is at it again.

Very much possible! That's the risk for the small people like us when big corporates with billions of dollars jumps into the market. So they hold such a huge volume of bitcoins, where they can easily manipulate the market. However, this dip seems more like a healthy correction instead of a manipulation. because we haven't heard any news of big selling in the market. It is probably the retail investors are booking their profit in big numbers and price is decreasing to support another healthy surge in price. But Elon Musk can simply take benefit of such decrease in price and fill their coffers again with new bitcoins. No one knows!
legendary
Activity: 3346
Merit: 3130
February 22, 2021, 11:34:47 AM
#3
I'm not sure if he will be buying more but he will start accepting bitcoin payments for his electric cars. So, it looks like he is more interested in blockchain technology than the coin market.

https://www.theverge.com/2021/2/8/22272103/tesla-bitcoin-investment-1-5-billion-cryptocurrency-payments
sr. member
Activity: 1666
Merit: 426
February 22, 2021, 11:24:48 AM
#2
There is a big possibility that Elon Musk will buy again more bitcoin, as we are seeing on his Twitter and social media accounts, there are a lot of tweets that has been related to cryptocurrency especially with bitcoin and doge. Maybe he is manipulating the market in order for him to buy more bitcoin and play again to the current price of it in the market. There's no assurance that he will buy so much but we are thinking that there is a possibility that he buys. Who knows? He will not do it if there's nothing behind of his plans.
member
Activity: 244
Merit: 10
BrownieCoins.org The Recognition Cryptocurrency
February 22, 2021, 10:45:25 AM
#1
The ultimate market manipulator is at it again.
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