Tesla Now have $1.5billion worth of investment in bitcoin

[Dowenship]

In the statement released by Tesla (the American electric car manufacturer) Some few hours ago, that they invested an aggregate of $1.5billion in bitcoin with the policy to hold for a long-term, and they are expecting to accept bitcoin as a form of payment in the nearest future.
The statement released by tesla as enable investors to push bitcoin to $44k when Tesla make the public announcement!

What is your take in this.? Does Large investment Boost altcoin market price?

 

[Aniwhyte]

Of course large investment pushes not only bit coin price but all form of cryptocurrency price. Few days ago when Elon musk twitted about doge, it started appreciating almost immediately due to the fact that a lot of people began investing on it, so it is a very clear fact that large investment pushes bit coin and other alt coins price.

 

[Chumzy]

That has been a deciding factor in driving the price of Bitcoin up. I think it just crossed fourthy thousand now for the first time. Everyone should look to investing in bitcoin and watch it grow into something.

 

[ronaldlorenzo01]

Ellon Musk is a wiseguy for sure he has a plan to profit from it. He invested in stock market and they sue Ellon Musk for manipulating the flow. For sure he can do something also in bitcoin. In the next few days some will drop their coins because they want to profit.

 

[Sake]

They even reassure people that they won't be dumping early. They are really smart and people should take advantage of that and join them because these kind of investors wouldn't loss any cents of their investment. But yeah i think this will have a major effect on alts price dogecoin is even at 0.08 now

 

[Eodine]

Yes, large volume of investment push crypto currency market. We saw how Elon musk high investment in Bitcoin raised the price last year and how he also invested high in Dodge coin which gave the coun another boost.

 

[Alexandoy]

With that investment of Elon Musk on Bitcoin that is probably the reason why the price of Bitcoin is rising. But if Tesla car will accept Bitcoin as payment for buying a Tesla car then I don't think it will be convenient for the buyer because for me I would prefer to pay in real currency. With the big amount of the purchase of an electric car I don't think I will have that kind of Bitcoin so maybe I will buy by paying in bank check.

 

[Niftyyem]

Yeah! We could see how swiftly the Tesla investment positively affected the price of bitcoin and it has even given investors more confidence in the coin and the possibility of it exceeding $50000.

 

[westmania]

This news was eating bitcoin price upward but I am not sure about final consequences. 1.5 billion dollar investment was something huge but question is why now ? why not when bitcoin price was 19000 dollar ? that time they can have 2x stocks more ! really a bad decision ?

 

[tuna89]

This is to make us understand that the bitcoin is a future currency and would keep being accepted by the world that loves growth, Nigeria is a Country that has a low development standard when it comes to accepting growth, I am still watching the btc trends to enable me pump some money into btc and some altcoins which are most likely going to boom.

 

[kayode10]

In the statement released by Tesla (the American electric car manufacturer) Some few hours ago, that they invested an aggregate of $1.5billion in bitcoin with the policy to hold for a long-term, and they are expecting to accept bitcoin as a form of payment in the nearest future.
The statement released by tesla as enable investors to push bitcoin to $44k when Tesla make the public announcement!

What is your take in this.? Does Large investment Boost altcoin market price?

This is a good news for whenever invest in Bitcoin and those who are planning to do so. This will cause the price of the Bitcoin is to go higher and cross new landmark. This is a huge investment from Elon Musk. This will also push all the companies under the same condition to invest in Bitcoin. Result of business demand will be high likewise the price too.

 

[Akinwale701]

In the statement released by Tesla (the American electric car manufacturer) Some few hours ago, that they invested an aggregate of $1.5billion in bitcoin with the policy to hold for a long-term, and they are expecting to accept bitcoin as a form of payment in the nearest future.
The statement released by tesla as enable investors to push bitcoin to $44k when Tesla make the public announcement!

What is your take in this.? Does Large investment Boost altcoin market price?

Many bIg companies and developed countries keep investing in Cryptocurrency while their economy is booming at the same time whereas some countries are banning Cryptocurrency in their own countries as well while experiencing series of economic setbacks. honestly, some countries are not just getting it right in the area of finance.

 

[Henrywrites]

In the statement released by Tesla (the American electric car manufacturer) Some few hours ago, that they invested an aggregate of $1.5billion in bitcoin with the policy to hold for a long-term, and they are expecting to accept bitcoin as a form of payment in the nearest future.
The statement released by tesla as enable investors to push bitcoin to $44k when Tesla make the public announcement!

What is your take in this.? Does Large investment Boost altcoin market price?

The purchase of Bitcoin pushed the price to that particular level. This means that the demand for Bitcoin exceeds the supply and such is the sweet nature of running such business of crypto trading. I bet this will be a challenging time for small investors that were planning to invest on Bitcoin as they may have to pay higher to do so now.

 

[Trojan8]

Elon Musk is doing madness for bitcoin and it is really sweet to behold. When he made this announcement yesterday, we saw a 7%increase in the price of bitcoin. This was the highest increase that bitcoin has seen in day, this goes to show how the market moves. If bitcoin is ever to do a $100k anytime soon, I believe that Elon Musk would play an important role.

 

[Shahzaib37]

In the statement released by Tesla (the American electric car manufacturer) Some few hours ago, that they invested an aggregate of $1.5billion in bitcoin with the policy to hold for a long-term, and they are expecting to accept bitcoin as a form of payment in the nearest future.
The statement released by tesla as enable investors to push bitcoin to $44k when Tesla make the public announcement!

What is your take in this.? Does Large investment Boost altcoin market price?

Tesla have a big name in a business profit it is very useful for invest $1.5billion worth in it it as time pass this money increase high and they get back the money in some weeks or months and also get profit.

 

[Nurudeen]

Yes I also heard that Tesla has bought huge amount of Bitcoin and that is a huge investment in the crypto currency exchange Business for most Investors who have money on the business. The crypto currency will soon surge up any moment from now

 

[Ehizzy1]

I think the information by telsa made a lot of people to invest in bitcoin , which boost the price to a very high note i think , but telsa investing in bitcoin is really a good thing i just hope other companies joins the train of investing more into bitcoin

 

[Roysnickz]

Yea, that singular investment has push not just the bitcoin but also other crypto currencies to all time high. This is however, happening at a time Nigeria, my country, has unfortunately banned brankd transactions in crypto currencies.

 

[Olubayo12]

In the statement released by Tesla (the American electric car manufacturer) Some few hours ago, that they invested an aggregate of $1.5billion in bitcoin with the policy to hold for a long-term, and they are expecting to accept bitcoin as a form of payment in the nearest future.
The statement released by tesla as enable investors to push bitcoin to $44k when Tesla make the public announcement!

What is your take in this.? Does Large investment Boost altcoin market price?

People with The fact that I started a business of my own some years ago and I am still doing it is a very great things that I'm proud of. The fact that despite having a low paying job, I have my own job too. I'm also proud of that

 

[ahmedo24]

This is a big development for Crypto currency word honestly because all other competing companies will also want to start accepting Crypto currencies too to enable them have the needed patronage.