He was replying to a tweet by Peter Schiff -- a cryptocurrency skeptic and noted gold bug -- who said the precious metal is better than Bitcoin and fiat money. At that moment, known Bitcoin critic Peter Schiff noted: According to Elon Musk “Bitcoin is almost as BS as fiat money.” So Musk regards both Bitcoin and fiat as BS. However, later on he removed BTC from his Twitter bio line and began again shilling his favorite Dogecoin. seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 trillion market-capitalization threshold.. Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 trillion market-capitalization threshold. At press time, BTC is trading at $57,402 with a market cap of $1069 trillion. The cryprocurrency has risen 10 per cent just this week In a tweet on 19th February, Peter Schiff referred to Bitcoin (BTC) […] Elon Musk's car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. (Bloomberg) -- Billionaire Elon Musk said the price of Bitcoin and Ethereum “seem high” as the cryptocurrencies reached new records. Elon Musk’s Twitter by Twitter. The California-based electric car maker headed by Musk revealed its investment in digital currency and other “alternative reserve assets” may grow, according to a US Securities and Exchange Commission filing. Tesla CEO replied to a tweet by Peter Schiff, a cryptocurrency skeptic and noted gold bug, who said the precious metal is better than Bitcoin and fiat money. Home » Investing » Bitcoin Touches Record High as Elon Musk’s Tesla Invests US$1.5 Billion. Billionaire Elon Musk said the price of Bitcoin and Ethereum “seem high” as the cryptocurrencies reached new all-time highs. Replying to gold investor and bitcoin skeptic Peter Schiff, Musk said: “Money is just data that allows us to avoid the inconvenience of barter. Elon Musk, the billionaire founder of Tesla Motors, said the price of Bitcoin and Ethereum "seem high" after the cryptocurrencies surged to record levels on Saturday. Read more about Elon Musk says bitcoin prices 'seem high' after record-breaking week on Business Standard. Bitcoin Touches Record High as Elon Musk’s Tesla Invests US$1.5 Billion. Elon Musk turns into Bitcoin supporter. (Bloomberg) -- Billionaire Elon Musk said the price of Bitcoin and Ethereum “seem high” as the cryptocurrencies reached new records. File photo of Elon Musk (REUTERS) Tesla CEO Elon Musk says Bitcoin prices ‘seem high’ after record week 3 min read. Bitcoin (BTC/USD) tops $57,000, Elon Musk says price seems high Cryptos | 2/20/2021 7:44:06 PM GMT Bitcoin has been extending its upwards move over the weekend. His comments came after Bitcoin’s total market value passed $1 trillion for the first time on … Elon Musk, the CEO of the electric car company, Tesla, has a couple of hours ago showcased the attribute of a true Bitcoiner after giving the popular gold maximalist Peter Schiff a well-deserved answer in a conversation initiated by the latter on Twitter. ; The Tesla CEO retorted Schiff's claim that Gold was a better asset allocation than crypto. Bitcoin Prices Plummeted Days After Elon Musk Tweeted They 'Seem Too High' Image credits: Reuters/Twitter. Musk remarked that he found the idea of holding Bitcoin adventurous for an S&P 500 company, alluding to the fact that Tesla recently made a $1.5 billion Bitcoin investment. The precise cause of the early Saturday morning bitcoin price surge was not immediately clear, however, a cryptic tweet from Tesla billionaire and bitcoin buyer Elon Musk … Elon Musk, whose recent tweets have fueled the digital-currency rally, made the remark on Twitter while replying to a user who said that gold was better than both bitcoin and conventional cash. Updated: 21 Feb 2021, 09:18 AM IST Bloomberg . His comments came after Bitcoin`s total market value passed $1 trillion for the first time on Friday, according to … Martin Young 2 months ago 3 mins read . Crypto weekend: Elon Musk effect keeps Bitcoin prices high, BTC up 93% in 2021. San Francisco: Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. Telsa billionaire Elon Musk, whose tweets about the meme-based cryptocurrency dogecoin helped push it to a $10 billion valuation, has warned the price of bitcoin and ethereum "seem high.". On January 29, Musk took part in a podcast where he admitted to becoming a Bitcoin supporter and he tagged Bitcoin in his Twitter bio on that day and pushed Bitcoin to $38,500 from $32,000.. This is the OG Elon Musk Tweet That Got Bitcoin to Surge to All-time High File image of Elon Musk. Musk tweeted that “in retrospect, it was inevitable” after changing his Twitter bio to include one word: Bitcoin. In an interview conducted by the CEO of Clubhouse, the invite-only social media app for sharing audio clips, Elon Musk verbally confirmed his support for bitcoin, asserting his belief that … Elon Musk admitted that bitcoin and ethereum "seem high" in Twitter exchange with Peter Schiff. Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now "seem high". It all started on 19 February apparently, just before Satoshi Nakamoto’s invention noted an all-time-high of some $58,000. We would like to show you a description here but the site won’t allow us. Elon Musk says Bitcoin seems high after crypto touches $1tn market cap | The National Elon Bot February 21, 2021 Elon Musk, the billionaire founder of Tesla Motors, said the price of Bitcoin and Ethereum “seem high” after the cryptocurrencies surged to record … By the numbers: Elon Musk — over 5,000% increase in Google search volume. Crypto believers are dueling with skeptics: the former see an asset being embraced for its ability to hedge risks, while the latter sense a precarious mania riding atop waves of fiscal stimulus Musk made the bitcoin and ethereum price warning during a discussion on Twitter about the nature of money. Elon Musk, however, called BTC price “high” in response to a tweet by Bitcoin … Tesla CEO Elon Musk gave impetus to Bitcoin joining the mainstream when Tesla said it invested $1.5 billion and was prepared to begin accepting the cryptocurrency as a form of payment for its cars. TESLA has bought $1.5 billion worth of bitcoin despite CEO Elon Musk recently describing the digital currency as "BS." Bitcoin, which has surged more than 55 per cent since the start of February, increased almost 3.5 per cent to a record high … Tesla CEO Elon Musk appears to suggest that the current bitcoin price is too high, after a significant rally in 2021. The chief executive of Tesla Inc, whose recent tweets have fueled the digital-currency rally, made the remark on Twitter while replying to a user who said that gold was … He was replying to a tweet by Peter Schiff -- a cryptocurrency skeptic and noted gold bug -- who said the precious metal is better than Bitcoin and fiat money. MicroStrategy CEO Michael Saylor on Monday congratulated Elon Musk and Tesla for adding bitcoin to their balance sheet after which an old Twitter exchange between the two talking about the cryptocurrency went viral. Today, Bitcoin (BTC) has surged another 3% hitting its new all-time high of $57,681 even after Elon Musk calling its price “high”. Following Musk’s remarks, the buying pressure behind BTC skyrocketed, resulting in a 19% upswing. Bitcoin went from trading at a low of $32,300 to hit a high of $38,360 within two hours. The world's richest person was replying to Peter Schiff - a crypto sceptic and gold bug - who said the precious metal is better than Bitcoin and fiat money. Bitcoin and major cryptocurrency prices hit new peaks over the weekend as the ‘Elon effect’ continues to keep bullish market momentum going. Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum. "Money is just data that allows us to avoid the inconvenience of barter," Mr Musk … After the Musk's endorsement, Bitcoin surged to its new record high of $53,263 at 9:55 am on Friday in New York. Now Musk has warned the price of bitcoin and ethereum “do seem high”. The bitcoin price jumped to an all-time high of above $48,000 on Tuesday morning as investors rushed into the asset after Elon Musk 's Tesla said … In a tweet, Elon Musk said Bitcoin prices "seem high".
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