News Bitcoin Flies To Over $44k After Tesla Purchases $1.5 Billion in BTC

[Admin]

Tesla purchased $1.5-billion worth of Bitcoin according to a new SEC filing to diversify and maximize returns on its cash.

Bitcoin Flies To Over $44k After Tesla Purchases $1.5 Billion in BTC : Read more

 

[thepersonwithaface45]

hodl my eth brothers

 

[zodiacfml]

more than $70 billion added to bitcoin marketcap with the news. Small up swing to other coins but miniscule compared to bitcoin which is puzzling.

 

[Giroro]

Between this and Tesla freely giving their IP to the Chinese government, I'm pretty glad I'm not an investor in Tesla.
GM makes more cars in any given year than Tesla has made in their entire history. So Tesla really doesn't hold much of value for investors to liquidate when the momentum bubble pops - which will be sometime in the next 2 years when the fastest Chinese competitor starts selling perfect Tesla clones and a dozen smaller companies start to Control+V Tesla's self-driving tech into their current lines of vehicles.
But hey, I'm sure the crypto pump-and-dump scheme is a totally sustainable and will remain legal for a long time. The current administration probably doesn't have any interest in regulating or taxing the crypto market.

 

[gg83]

I really thought the bottom would have dropped out by now. All these big firms will take their money out and the little guys will loose big. History usually repeats itself. Its just hard to predict when

 

[jasonelmore]

I see the boomers are out in full force, mad they don't hold any BTC or ETH

 

[burnsede]

1 btc is almost 60k$ ! Thank you, Elon Musk! Bitcoin was always my favorite cryptocurrency, and I always believed that it's going to grow a lot! I have already earned 4 bitcoins on btc gambling, but I am not going to cash them out. My goal is to earn enough bitcoin and buy a lambo on it. Fortunately, btc grows, and basically, I am earning money every day from nothing. A lambo costs 7 bitcoins, and I already got 4, so I am really close to my dream!