Top0 Coinmarketcap: Tesla Model 3

[MrSpasybo 1049]

After WSB, today Coinmarketcap is honoring Tesla's Model 3 after Tesla invested $1.5B in Bitcoin. Now we can understand the purpose of Coinmarketcap when creating Top0, which will be an honorable position for those which have a great impact on the crypto market.

Do you think that Tesla's investment in Bitcoin & accepting Bitcoin will trigger the strongest bullrun ever and push the price of BTC to $100K soon?

P/s 1: It was interesting because we can see Elon Musk portrait + DOGE coin + Tesla Model 3 in 1 frame at the same time.

P/s 2:
Q: Tesla bought Bitcoin, should I sell Bitcoin to buy a Tesla car?
A: You should sell Tesla cars to buy Bitcoin 🙂

[Ameralsamt 2558]

Dear, Tesla's announcement that it has bought $1.5 billion worth of Bitcoin has increased the price of Bitcoin in particular and other cryptocurrencies in general, which increases the strength and popularity of encryption globally, and we never forget Elon Musk's efforts to support Bitcoin. 

[Dormilon 2183]

On 2/9/2021 at 5:56 PM, MrSpasybo said:

Do you think that Tesla's investment in Bitcoin & accepting Bitcoin will trigger the strongest bullrun ever and push the price of BTC to $100K soon?

P/s 1: It was interesting because we can see Elon Musk portrait + DOGE coin + Tesla Model 3 in 1 frame at the same time.

P/s 2:
Q: Tesla bought Bitcoin, should I sell Bitcoin to buy a Tesla car?
A: You should sell Tesla cars to buy Bitcoin

@MrSpasybo Large investments in Bitcoin will undoubtedly cause its price to rise in the coming months, many say it is a bubble, but I believe that beyond that, companies are seeing the decline of the dollar and are choosing to invest in other resources that prevent them from losing assets due to devaluations, BTC as digital gold is ready to be an alternative to inflationary and devalued fiat money, those large investments will boost the currency and it is not difficult to see that bitcoin reaches 100k dollars this year .

[rekter 8129]

On 2/9/2021 at 11:56 PM, MrSpasybo said:

 

Do you think that Tesla's investment in Bitcoin & accepting Bitcoin will trigger the strongest bullrun ever and push the price of BTC to $100K soon?

 

Well it's certainly bullish. But i don't think this ends here. Even though it's hard to top the richest man of the world shilling bitcoin, i think in this year something will top that. Elon buying this much will take us to 100k for sure, but i recon that somehing happens that pushes us further.

 

I can see Elon shilling ETH and NFT collectables in the future too or something like that.

[Jack764 1841]

This entry with a large amount by Tesla has raised the price of Bitcoin to a good price, and I think it will not drop below 40,000 anymore, and there are other companies that want to enter as well. 

[yonkii 3205]

I don't understand what exactly is coinmarketcap trying to do with this. The addition of the Gamestop stock price was a huge failure and made everyone wonder the same. We all knew this was a pump and dump and all the messages about traders claiming to be on the opposite of hedge funds were just trying to catch many fish. What about all those people that listened and thought Gamestop would reach ten times higher? What coinmarketcap had to do with this and put this pump and dump stock on top of Bitcoin? And why they felt at coinmarketcap that Tesla is important to anyone of us? If a bank buys Bitcoin then coinmarketcap will put the bank stock on top of Bitcoin? Nonsense and another reason to avoid coinmarketcap, I don't care at all how much a Tesla is worth.

Edited February 14, 2021 by yonkii

[pacific 2268]

On 2/10/2021 at 3:41 AM, MrSpasybo said:

Q: Tesla bought Bitcoin, should I sell Bitcoin to buy a Tesla car?
A: You should sell Tesla cars to buy Bitcoin

Well, it seems the Elon Musk is much interested with Bitcoins(BTC), and he sometimes keeps updating his followers that BTC holds a true value, and also he was connected to Dogecoin platform, and shows interest when the Dogecoin announce Elon Musk to be their upcoming CEO on April fool. And Elon Musk took it to the next level with his humor. Here are the screenshots of the tweets from Elon Musk;

 

[kryptonick 2659]

I am glad about the profit of 2020 and the beginning of 2021, but it is not enough to buy a Tesla. I wouldn't buy a Tesla either as I consider it overvalued, but it has progressed a lot since Musk got into the automobile business. I find this that coinmarketcap did ridiculous however. I don't see the reason to keep adding shares of faliure companies and advertising Tesla cars in the crypto index. Except from this confusing every beginner that sees these names on top of Bitcoin, it is also not having anything to do with cryptocurrencies. In my opinion a major fail by coinmarketcap and another reason to avoid using this and stick to coingecko or others.