Tesla bought 1.5 billion dollars in Bitcoin!!!

[kryptonick 2659]

Musk really changed the course of everything. Since December we notice a few things that are worth mentioning.

1. Retail wasn't happening. It was Grayscale and some companies buying, but some funds sold early in December and January.
2.  Retail wasn't happening. I say this again because the signs weren't there. It was no FOMO and no mania like the previous cycle in 2017.
3. Price of Bitcoin was looking bad lately. Until Tesla. This was a decisive moment.
4. Retail adoption is happening as we speak. I just got a call today from some random ex-colleague I haven't spoken in years telling me about his recent "crypto" investments.
5. If I wasn't out already, I would be right after that call.

Edited February 27, 2021 by kryptonick

[Sumon21 151]

On 2/8/2021 at 7:16 PM, yonkii said:

Tesla announced with a filing in SEC (link) a whooping $1.5 Billion investment in Bitcoin and also announced plans to accept Bitcoin for payments in the future! 

This amazing news came minutes earlier and created for Bitcoin a bullish outburst that brought price to new ATH of $43,300.

Can this be the ignition for a continuation of the bull run?

 

Source:

https://www.bloomberg.com/news/articles/2021-02-08/tesla-invests-1-5-billion-in-bitcoin-plans-to-accept-cryptocurrency

 https://www.coindesk.com/tesla-invests-1-5b-in-bitcoin-plans-to-accept-crypto-payments 

This is good news for us.  As a big company like Tesla invests in Bitcoin, many more investors will be attracted to Bitcoin and they will invest.  Many were confused about the reliability of Bitcoin  Tesla's investment is a great example for them.

[chris smith 950]

I see that is the first step from the big companies to invest in the bitcoin and that will help to raise its price to a high range and of course every body who saves some bitcoins will get big earnings.

[Jack764 1841]

This news set fire to the price of Bitcoin, which increased it to nearly 10,000 quickly. The more a company bought Bitcoin, the more we benefited and the recognition in this area increased. 

[SelimAbi 339]

Elon Musk cited it as one of the main reasons for bitcoin's increase in value. Elon Musk had bought a huge amount of bitcoin. When he wrote bitcoin in his Twitter bio, people followed him and invested in bitcoin (INCLUDING ME).

[Nourcrypto 134]

Elon Musk, the owner of Tesla, is trying to move the world of cryptocurrencies to a new and high level and converting paper transactions into digital, so we expect a wonderful future for these currencies as Tesla and several companies invest in the field of cryptocurrencies and this is what makes the market rise and spread significantly

[Adam786 560]

This is a great news and thanks for sharing this valuable information with us and I hope a lot of people will get benefit from your given link . I think by this project the bitcoin will become more popular in the world and a lot of people will join this project for getting good earning.

[Megan Kyle 955]

This is a great news. Bitcoin is one of the most demanding and popular crypto currency of all time. Tesla has done a great job. So we are noticing that big companies are doing business with bitcoin. Bitcoin has a promising future. And now its proven. Im very optimistic about it.

[Kiondadu 191]

You are right, I think that I also saw this update from one of the reliable source, so this will be a great development to the entire cryptocurrency world,  if big stake companies like the Tesla will invest in the bitcoin, thanks.