Elon Musk Updated His Twitter Bio to "Bitcoin"

[Bitcoin Earning 249]

Friend, I heard a long time ago that a gentleman named Milon Max was a very famous man who owned a lot of wealth,The gentleman had a lot of bitcoins which is now known as digital currency. He once raised the price of this bitcoin. He is a famous person.And he made a lot of money investing in Bitcoin as well as people because of the rising price of Bitcoin. But I saw his account by accident a few days ago,Some thugs hacked his account and he let everyone know about it through the message he created I saw😟

Edited February 6, 2021 by Bitcoin Earning

[khan22 3478]

When the Elon Musk will make a twitter on their tweet that coin go high and make a great high in the market and that is the reason that so many peoples will follow him and invest in that coins when he is tweet becasue he is a big businessman and he invest millions of dollars in that project.

[Linclon4 541]

I have also noticed that. I think this is a great news for all bitcoin users. I hope because of this the price of bitcoin will increase more and also every country government will take necessary steps to legalized bitcoin. 

[Spikee 73]

On 1/29/2021 at 2:32 PM, Ridam said:

As we know that Elon musk seems interested to the Crypto Currency and Blockchain.

Well, Elon Musk is one of the great business man whose behavior and words have the ability to change the world economy. Here, many people were thinking about investing in cryptocurrency so at the same time tweets and his biography has affected the price of bitcoin and other cryptocurrencies. People are following him because he is a successful person. 

[Guru2050 8284]

To some extend Elon musk may be seen as big whale capable of altering the value of any giving Crypto coins. Just a single post on Doge coin changes the fate at the market with a significant impact on the price. Similar events occurred the moment musk update with BTC hashtags

[kryptonick 2659]

I was really fed up with Musk and how he wanted to buy Bitcoin all this time but was just watching the price rise like a noob, until it finally reached so high that he couldn't resist. This kind of players of markets are not what I like to see. Also he manipulated the market quit a lot of times so far and this is another mistake that will always hunt him. He given hints again and again, and said to have bought some kind of corerction at 30k.

While everything is so cute and nice with this story, I have many reservations. With this and with the one coming from Microstrategy as well. While we read about all these purchaces, we forget the one rule of Bitcoin. That we can validate if everything said is true. So since these corporations didn't buy from Grayscale or some kind of ETF fund in Canada, then why don't they give us the public addresses?

The system is not about trust, it is called a trustless system. It is decentralized and everything is recorded in the blockchain. We don't trust, we validate. For right now, I am not even sure these companies bought any Bitcoin at all.

 

*After considering again what @Ridam had to say, I no longer support the thoughts I had about Tesla not having bought the Bitcoin it claimed. They bought it and they couldn't lie about that in the public. It was something that I didn't calculate enough and shouldn't have brought up.

Edited March 16, 2021 by kryptonick

[chris smith 950]

These men will help the bitcoin to be number one in the world of currencies and i think elon musk is planning to big investing in the crypto world.

[Samer1997 715]

I think that he is one of the supporters of this currency, and this is a great proof of the ability of Bitcoin and its bright future, so we have to increase our confidence in this field and to start working hard and collect what we can from it because it is a really winning bet and it will achieve a guaranteed profit for us

[Ridam 7455]

On 3/10/2021 at 7:33 PM, kryptonick said:

 

The system is not about trust, it is called a trustless system. It is decentralized and everything is recorded in the blockchain. We don't trust, we validate. For right now, I am not even sure these companies bought any Bitcoin at all.

That couldn't be true bro. You should knos the rules behind publishing such news by a company that is listed on S&P500. And will report a fake announcement that they bought btc? Seriously? This made be laugh.

They are using the company fund and they have reported the thing to the SEC and auditers do adit the company final report and annual report. So doubting  the announcement they bought the money is insane and I believe it's a stupidity.

TESLA is 757B Company and 1.5B Just count 0.3% of the Company total market cap allocation which they have spent on buying Bitcoin. If we do a little math here, The average buy amount comes at around 31K. So yes they have bought bitcoin and are holding it. No doubt on that. 

If they haven't invested into the Bitcoin, Why they would mess up with their reputation and SEC Just for the 0.3% of their company MC.

I know Elon is playing in his twitter, Spreading FUD or praising the technology. Whatever you call it. But it doesnot mean that they would publish fake report saying. "We bought 1.5B worth Bitcoin". 

Just dig up more ,you will get all information about their buying, if you are ambigious about the tesla buying btc untill now.

 

[kryptonick 2659]

41 minutes ago, Ridam said:

That couldn't be true bro. You should knos the rules behind publishing such news by a company that is listed on S&P500. And will report a fake announcement that they bought btc? Seriously? This made be laugh.

Mate, it was mistake, and I already given a reply about that in another response from you in a different post. It is something that I had in mind and I didn't know how the companies in America work. I didn't know if they have to prove to the SEC they actually bought Bitcoin. I learned that from your reply yesterday in another post. Probably you didn't read my reply then. Anyway, I recalled and I now know it was a big mistake I made to write that.

 

Edited March 16, 2021 by kryptonick

[Dissy sb 945]

My friend I want to tell you that with the investment of The Elon musk the price of the Bitcoin is touch the sky and you can see that the bio of the Twitter is updated with the Bitcoin because he invest the amount in the Bitcoin

[Brimstone 44]

This is the time when Elon Musk is now helping bitcoin to increased its price, after that, Elon Musk is now focusing on Doge coin because we all know that doge coin has a small amount of value, he tried to pump its price because of having a plan to make cryptocurrency as a based on economy on mars.

[Ridam 7455]

14 hours ago, kryptonick said:

. Anyway, I recalled and I now know it was a big mistake I made to write that.

 

That is great brother. When I was replying I didnot see that coming because of which I have the reply to it. It was just meant to make your doubt clear about the Public companies buying bitcoin and announcing them. You shouldnot call this a mistake, you were just unaware about something before and yes everyone doesnot need to everything. And because of this we have a forum, Sometime I will correct you and sometime you will correct me if I have some doubt or not aware about something.

[Nourcrypto 134]

Hello, I hope that you will stay away from waiting for such news or rapid rises that some whales or big companies such as Elon Musk and his company Tesla do because you may lose a lot of your money because of the attachment at a high rise because it may be one of these tweets to be exchanged for you and you will hang on the top of the currency For a very long time

[Mella 3680]

The big move from Tesla is what helped the Bitcoin rise to the prices of 60,000 and remain close there. I remember Musk playing at twitter before this was announced and I felt it was very possible that he will buy. This has already helped Tesla to have a better balance, as the buy of Bitcoin has given a boost of profit to Tesla by one billion just by this investment.