It is truly remarkable that TESLA has announced that they are going to use Bitcoin as their payment method. If such an adoption is made at the corporation level, we will soon see that the price of Bitcoin has exceeded 100k.
That's why I applaud Elon Musk and his organization, Although late but they realized that Bitcoin is the real future.
Topic: Tesla buys $1.5 billion in Bitcoin - page 3. (Read 1053 times)
I wonder if SpaceX or Starlink will get into Bitcoin. We got a lot of time before we need payments sent back and forth between Mars, but it seems that SpaceX at least would want to be able to transact using crypto between settlements.
Tesla invested 1.5 Billion USD into Bitcoin and plans to include Bitcoin as a payment method.
Definitely the reason for prices soaring right now.
Bloomberg report:
https://www.bloomberg.com/news/articles/2021-02-08/tesla-invests-1-5-billion-in-bitcoin-plans-to-accept-cryptocurrency
SEC filing: https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm
Definitely the reason for prices soaring right now.
Quote
Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.
Bloomberg report:
https://www.bloomberg.com/news/articles/2021-02-08/tesla-invests-1-5-billion-in-bitcoin-plans-to-accept-cryptocurrency
SEC filing: https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm
Tesla upped btc price by 10% so we need to wait for Amazon, I guess another 10-30% up.
Elon Musks have already been so popular in crypto universe and we are getting his predictions about Doge and bitcoin for last few weeks. Although Elon Musk was so positive about bitcoin from the beginning and still he is spreading the potentiality of bitcoin and other crypto currencies. I am not a big fan of him but after seeing the news of Tesla's recent investment on bitcoin i can easily say that many more companies will follow the same way in upcoming days. Yeah its true that still many people have negative thinking about bitcoin and love to go for bank wire transaction rather then using bitcoin as a payment method.
We can't reduce this number just in few month or year but whenever worlds richest man make clear announcement about his investment on bitcoin (1.5$ Billion) then definitely haters will rethink about bitcoin and its use.
We can't reduce this number just in few month or year but whenever worlds richest man make clear announcement about his investment on bitcoin (1.5$ Billion) then definitely haters will rethink about bitcoin and its use.
I was very surprised that it goes so quickly. I had a premonition because why else would you have such a great interest in crypto currencies? Remember his twitter bio recently with BTC. there it was already clear that he owns btc. the distraction with doge was good and he had a lot of fun. and snoop dogg surely bought some btc too.
Now we're a little smarter. Tesla is innovating and making a strong statement in the auto industry.
Now we're a little smarter. Tesla is innovating and making a strong statement in the auto industry.
So maybe Elon was already buying btc and doge even before the time that he was tweeting about crypto. And now, we are hearing that they just invested in bitcoin. I believe he also has a bunch of doge in his crypto portfolio and other important alts. Really great news to the crypto community, big boost in bitcoin price, finally surpassing the 41k mark.
I also have same thoughts; it is impossible for Musk to just buy bitcoin today and also announce today; he definitely must have beenn packing enough of the dips during the bears; and use his massive influence to force fomo and enough demand to cause a demand pull. An excellent movement irregardless. Bitcoin to the world
Well, Elon is the largest stock holder in Tesla so I'm sure the board had to approve it. But his votes probably carry the direction most of the time.
This is an insane power move.
I wonder if he had to get approval from a board of directors?
Elon Musk is a charlatan. That being said. This is good for bitcoin. If other big companies follow suit we could easily see the price go to 6 digits and never come back down from there.
The risk involved can't be understated though. Bitcoin could go down 90% and turn that 1.5 Billion into 150 Million if the wind starts blowing in the other direction.
This is absolutely fucking crazy.
I wonder if he had to get approval from a board of directors?
Elon Musk is a charlatan. That being said. This is good for bitcoin. If other big companies follow suit we could easily see the price go to 6 digits and never come back down from there.
The risk involved can't be understated though. Bitcoin could go down 90% and turn that 1.5 Billion into 150 Million if the wind starts blowing in the other direction.
This is absolutely fucking crazy.
This is an insane power move.
I wonder if he had to get approval from a board of directors?
Elon Musk is a charlatan. That being said. This is good for bitcoin. If other big companies follow suit we could easily see the price go to 6 digits and never come back down from there.
The risk involved can't be understated though. Bitcoin could go down 90% and turn that 1.5 Billion into 150 Million if the wind starts blowing in the other direction.
This is absolutely fucking crazy.
I wonder if he had to get approval from a board of directors?
Elon Musk is a charlatan. That being said. This is good for bitcoin. If other big companies follow suit we could easily see the price go to 6 digits and never come back down from there.
The risk involved can't be understated though. Bitcoin could go down 90% and turn that 1.5 Billion into 150 Million if the wind starts blowing in the other direction.
This is absolutely fucking crazy.
so this Blockfolio app notification popped up during my Mobile Legends time a few hours ago.
I was screamed out, it feels like a birthday surprise.
The game feels so slow since I want to check my portfolio immediately, open my Twitter to make a celebration tweet, checking my alts order, etc.
A great day for Bitcoin and Crypto Supporters.
Now "stocks" people can't say Bitcoin is monkey business.
Because the king is with us now
I was screamed out, it feels like a birthday surprise.
The game feels so slow since I want to check my portfolio immediately, open my Twitter to make a celebration tweet, checking my alts order, etc.
A great day for Bitcoin and Crypto Supporters.
Now "stocks" people can't say Bitcoin is monkey business.
Because the king is with us now
It seems Elon Musk knows how to play with people's emotions, and he can attract them to join with him. He already invests in bitcoin before the price is jump, but he announces it now to lift the price, and maybe that is the reason for the bitcoin price to jump higher and break $44,900. The trend still at the uptrend. But we do not know if the price can break $45k or not since that is close to that price.
Elon musk is really taking advantage of his influence, It is given that Elon bought a bag of bitcoin on the accumulation phase and I think this is his plan, He will not shill or do something that he won't gain something. We small-time trader/hodler/believer has a chance to ride his plans to make some profit. I hope that next time he will shill a useful coin not a useless coin like doge 
For the mean time, The tesla investment is I think good for bitcoin itself breaking the recent ATH and making a new ATH. I'm hoping that big names will start showing their motives to bitcoin. 
Well, it's good news and bad news at the same time.
Obviously, it is a piece of good news to every crypto lover as he/she can buy a brand new Tesla with their holding in the future..
And bad news because the alts are bleeding red again, though people may think that alt prices are increasing in $$ values but we bought it through BTC. so unless they reach back to the same price or higher in BTC pair, we are at loss.
Obviously, it is a piece of good news to every crypto lover as he/she can buy a brand new Tesla with their holding in the future..
And bad news because the alts are bleeding red again, though people may think that alt prices are increasing in $$ values but we bought it through BTC. so unless they reach back to the same price or higher in BTC pair, we are at loss.
Secondary stock offerings were probably the source of the $1.5 billion used to purchase bitcoin.
Those funds were supposed to be used for building factories, paying liabilities, etc. and other prudent business operations.
Why the speculative move to buy bitcoin?
This seems to say that Elon's business plan is not worthy of the risk.
(Allowing buyers to purchase its product with bitcoin - not a big deal as they can sell right away.)
What could possibly go wrong - for TSLA?
Those funds were supposed to be used for building factories, paying liabilities, etc. and other prudent business operations.
Why the speculative move to buy bitcoin?
This seems to say that Elon's business plan is not worthy of the risk.
(Allowing buyers to purchase its product with bitcoin - not a big deal as they can sell right away.)
What could possibly go wrong - for TSLA?
Yes, whoever turned out to be clever could of course make very good money on this, I advise you to follow all this movement!
No wonder the price of bitcoin is rising at this time, it turns out that Elon Musk is eyeing bitcoin as an investment place. i think the increment could be higher than this. well, nowadays Elon Musk is in the spotlight in the world, and is really influencing the crypto world. I thought that Elon Musk would invest a lot in DOGE, it turns out that his first goal in crypto is bitcoin. Well, this will really strengthen bitcoin prices in the future. even more so if he plans to combine crypto and Tesla technology.
No doubt that Elon is this powerful to actually move the price on his own, by his influence, just like Dogecoin is right now, so does Bitcoin, of course I can never say it's all him since we also have investors and buyers who seem to love Bitcoin, the price would definitely increase more as days passes by, just imagine Tesla itself buying that amount of Bitcoin is just crazy, and it definitely is good for the market.
when I saw this price increase I went to see the news and as I didn't have much time to read I just saw the title of the news, but I kept asking myself:
did they buy bitcoin today, yesterday or last week?
after i had time i went to read the article and still i still don't understand if they will already buy bitcoin or do they plan to buy bitcoin?
Did he mean they bought bitcoin in January? if that's the case why the hell today did the price go up so much? will pump and dump? because I am not seeing so much money in the market to support this price level if Tesla did not buy bitcoin today
did they buy bitcoin today, yesterday or last week?
after i had time i went to read the article and still i still don't understand if they will already buy bitcoin or do they plan to buy bitcoin?
Quote from: https://cointelegraph.com/news/bitcoin-hits-43k-all-time-high-as-tesla-invests-1-5-billion-in-btc
"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."
Did he mean they bought bitcoin in January? if that's the case why the hell today did the price go up so much? will pump and dump? because I am not seeing so much money in the market to support this price level if Tesla did not buy bitcoin today
Apparently Elon Musk has been the reason why bitcoin is soaring high and has reached a new ATH again today. Maybe he is really interested in cryptocurrencies and may see it in the future that it could be of use to everyone. I mean it’s not a joke to buy bitcoin worth $1.5Billion you know.
I don't expect Tesla to do this. But Elon Musk has been playing on his twitter lately and talking about cryptocurrencies like DOGE and BITCOIN. Even had time to write #bitcoin on his twitter bio and then delete it.
Tesla provides FOMO on the current Bitcoin market. Bitcoin is able to hit new ATHs again and again. this will be new history. $ 50,000 would be easy to get to and Bitcoin is on the hype right now.
Yes, apparently Bitcoin in the near future will rise in price to at least $ 45,000, or even up to $ 50,000. And this may happen in the next few days. Elon Musk has not previously said anything about the intention of his car company Tesla to buy bitcoins, especially for such a large amount. If he wrote the word "bitcoin" and in a few hours it quickly rose in price, and this could be taken as a joke, then the purchase of bitcoins worth $ 1.5 billion is no longer a joke. Tesla provides FOMO on the current Bitcoin market. Bitcoin is able to hit new ATHs again and again. this will be new history. $ 50,000 would be easy to get to and Bitcoin is on the hype right now.
The investment and buying of Elon and the Tesla company a approximate 1.5 billion was really a huge impact in the market as we can see that the bitcoin soar high of around $44,000 and one of the primary reason was the investment of the Tesla. They also said that starting on monday, they will be accepting a bitcoin as a payment method on every product that they are making. This was really a huge news that shakes the entire crypto community.
The investment and Tesla acceptance for bitcoin is big but intrinsically it is used same as GMO and Aston Plaza and Residences news.
Sure. It's just a far bigger deal in Tesla's case because it's well known to almost anyone that Elon Musk is one of the biggest innovators in our age, to the point that some people are dubbing him as the "real life Iron Man". And the fact that he not only acknowledged bitcoin, but also bought BTC with Tesla Inc., and accepts bitcoin payments? Ginormous effect.
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