What do you think about Tesla purchase of Bitcoin?

[Debola]

Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.

 

[Setho]

I think it was only a matter of time before big tech started to adopt crypto, presently a lot are still observing and setting plans for them. Tesla's move is a very commendable one and it has made a lot of people to begin to trust crypto and I expect a lot of tech companies to follow suit.

 

[kayode10]

We have had so many rich folks avoid cryptocurrency and many have given bad comments about it. Few people like the billionaire CEO of Tesla Elon Musk has supported Bitcoin and stated in a broadcast that “Bitcoin is a good thing”. Few weeks later he made comments about dogecoin and this made increased the value of the coin. The billionaire bought $1.5bn worth bitcoin and this has made the coin jump 17% to $44,220. The highest record so far.



With the purchase of bitcoin by Tesla boss what do you think of Bitcoin by second quarter of the year?

Elon Musk Investment in BTC is a huge boost and this has affect the price of bitcoins in the positive way. This bold step has encouraged lots of big companies to follow suit in investing into the Bitcoin. If this thread of high demand continues with the BTC, the price may like hit $100k before the year runs out.

 

[Erik4150]

It will come as a very good for those invested in bitcoin. Because it will reinforce the image of bitcoin to the world and encourage more acceptance for the coin. I think Tesla investment in bitcoin had a hand in the rise of the coin to a new all time high.

 

[westmania]

I cannot say anything at the moment. anything is risky can fall finally but for the year dogecoin seem better than bitcoin to me. again nothing is permanent in this world. elon musk and others seek their own profit, not others.

 

[Yan]

I think the fact that Tesla is exploiting new payment methods in cryptocurrency is a form of advancement they're pushing towards the future frontier whereby we expect at some point to be transacting majorly and only in cryptocurrency so it was a good move by the company and I really like it. Also it's a wake up call for all traders to invest in Bitcoin.

 

[Sheyemanu]

I feel Tesla's move to put some of its corporate reserves in bitcoin may be a signal that it expects the cryptocurrency will emerge as another store of long-term value alongside the dollar and gold, but Companies are very careful when it comes down to their reserves. It appears to be something that may be a fundamental change and other companies or institutions may follow suit

 

[Sotherefore]

the I think the reason why he buy so much bitcoins was that maybe he believe that there will be a time that cryptocurrency currency will be one of the most valuable commodities in this world and only the rich people will only have access to cryptocurrency that is why he was so much of cryptocurrency.
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the I think the reason why he buy so much bitcoins was that maybe he believe that there will be a time that cryptocurrency currency will be one of the most valuable commodities in this world and only the rich people will only have access to cryptocurrency that is why he was so much of cryptocurrency.

 

[Blessedsam60]

By the second quarter of the year, bitcoin would have become the world most acceptable cryptocurrency as it is now. The purchase of bitcoin by the Tesla boss Elon Musk has brought the coin into limelight as even people ignorance of crytocurrenvy has drastically reduced.

 

[Zevin]

I lost just about $5 due to this deal. I bought $55 worth bitcoin when it was $33K. When the price went to $40K I was really happy, then the price began to go down. When it went below $38K I sold bitcoins. Based on the price difference I was able to earn $5. Then, I heard the news of Tesla and watched the price grow up. If I had waited until $46, I would have made more than $10.

 

[Mishi]

The defined benefit plan uses the average of the three consecutive years he received the greatest amount of compensation. For this employee, these are $58,000, $60,000 and $62,000. The average amount works out to $60,000.
The defined benefit plan applies a pension factor of 1.5 percent.

 

[Akinwale701]

There is nothing much and nothing bad in the decisions. anyone can decide to invest in cryptocurrency as far as they have the wherewithal to do the investment. The rich will continue to be rich and the poor will continue to be poor, investment is the difference

We have had so many rich folks avoid cryptocurrency and many have given bad comments about it. Few people like the billionaire CEO of Tesla Elon Musk has supported Bitcoin and stated in a broadcast that “Bitcoin is a good thing”. Few weeks later he made comments about dogecoin and this made increased the value of the coin. The billionaire bought $1.5bn worth bitcoin and this has made the coin jump 17% to $44,220. The highest record so far.



With the purchase of bitcoin by Tesla boss what do you think of Bitcoin by second quarter of the year?

 

[Olubayo12]

We have had so many rich folks avoid cryptocurrency and many have given bad comments about it. Few people like the billionaire CEO of Tesla Elon Musk has supported Bitcoin and stated in a broadcast that “Bitcoin is a good thing”. Few weeks later he made comments about dogecoin and this made increased the value of the coin. The billionaire bought $1.5bn worth bitcoin and this has made the coin jump 17% to $44,220. The highest record so far.



With the purchase of bitcoin by Tesla boss what do you think of Bitcoin by second quarter of the year?

The purchase of bitcoin or any other cryptocurrency for investment by any company is one of the best modern and recent moves by the company to boost their profits in the stead of looking to the side of selling goods and services

 

[sofiya]

Business plans are both an analytical and planning tool, two components that are essential for getting a new business off the ground. This guide offers you key insights into how to create a high-quality business plan that will serve your business now and in the future.
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Business plans are both an analytical and planning tool, two components that are essential for getting a new business off the ground. This guide offers you key insights into how to create a high-quality business plan that will serve your business now and in the future.

 

[Alexandoy]

It looks like the richest man is toying with the public. Buying a huge amount of Bitcoin while he also owns a new crypto currency called Doge coin is beyond my imagination. Yeah, it is out of logic but for sure Elon Musk is not stupid to do something bad to his finances. Maybe we have to wait and see what happens next. But my take is you can invest in Doge coin for now and not in Bitcoin.

 

[BlueNote]

Tesla’s share price has climbed an eye-watering 730% through 2020 and is poised to enter the S&P 500 on Monday as the sixth most valuable company, placing only behind technology giants Apple AAPL, Microsoft MSFT, Amazon AMZN, Google GOOG parent Alphabet, and Facebook.

Meanwhile, the bitcoin price has added around 235% this year, climbing to never-before-seen highs and ending a three-year bear market.

 

[WhiteHouse]

It's a bold thing to do for Elon musk and Tesla, they really add to the improvement of bitcoin and BLockchain technology, this action will also attract more investors to invest in Bitcoin which Is another Win again for Bitcoin.

 

[Mazhar Malik]

1 day ago - Tesla revealed in the securities it submitted this week that soon ... Tesla has invested 1.5 1.5 billion in bitcoin ... for example, if you buy a bit in July 2020 Coins bought back,

 

[Ralphjoe]

I think that it's a very strategic investment by Tesla is one of the reasons why the Bitcoin market is appreciating at such an high rate. This investment is capable of getting up to about $3billion in the nearest future.

 

[ronaldlorenzo01]

I think Tesla with Ellon will purchase more in the future. He already purchased a billion dollar investment. How do you think it will impact in the near future? Means to say he thinks bitcoin has a future. People who is follower of Tesla for sure will invest too.