Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: ustcoin on February 25, 2021, 04:54:08 PM
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I wonder if there is a directly proportional relationship between Bitcoin and Tesla?
The reason I asked this question is this: Tesla's shares fell very hard when bitcoin fell hard the other day. This is the worst drop in US stock markets so far. For two days, btc has been rising and Tesla is also rising. Is it a coincidence or could such a relationship be due to Elon Musk?
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As we all know, Tesla is the bubble ;D
This is of course my subjective opinion, and you don't necessarily have to share my opinion.
Lately Elon Musk has actually been the cause of the volatile movement, but that the two always follow each other will not last forever.
Tesla made even more money from investing in Bitcoin than it sold cars.
So, yes, Bitcoin will be worth twice Tesla this year, in my opinion, and Musk won't be able to do anything about it.
But Tesla will benefit from it too.
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Tesla has invested 1.5 billion US dollars in Bitcoin. (https://www.forexbrokerz.com/news/elon-musk-endorses-bitcoin) It has announced they will allow people to pay them in Bitcoing. They have tied themselves, in people's eyes at least, quite firmly to Bitcoin, for better or worse, so it's not at all surprising the company share price depends on the Bitcoin price now.
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Now it can be said that the control of Bitcoin has gone to Tesla Elon Musk. However, no one can control Bitcoin. However, Tesla Elon Musk has been able to change the coin market Because Tesla Elon Musk invests the most in Bitcoin. He is currently a successful person.If Tesla Elon Musk hadn't supported Bitcoin, Bitcoin might not have come to this stage.
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It is obvious. It's always like this in the market when the price of Bitcoin falls then falls and the price of everyone is clear. So there is proportionality here.
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Now it can be said that the control of Bitcoin has gone to Tesla Elon Musk. However, no one can control Bitcoin. However, Tesla Elon Musk has been able to change the coin market Because Tesla Elon Musk invests the most in Bitcoin. He is currently a successful person.If Tesla Elon Musk hadn't supported Bitcoin, Bitcoin might not have come to this stage.
That's not right, Musk can't control it. The only thing he can do is to plunge the price down a little when selling a large amount of Bitcoin.
And of course to tweet about this to influence the price.
But to control? No chance.
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Successful person Tesla Elon Musk has been able to change the bitcoin market a lot.Bitcoin has gone to another level since the day he supported Bitcoin. I think the value of Bitcoin alone exceeds $50kDid. He is truly a successful person.
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The two currencies in the cryptocurrency market are Bitcoin and Tesla. Bitcoin is currently the most popular currency. Bitcoin is currently trading at over 50,000. Which is increasing more and more with the passage of time.
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Tesla shares will be pumped when tesla's net worth will be increased and on the other hand, it'll be dumped when tesla's net worth will be decreased. As tesla invested some part of it's revenue into Bitcoin, tesla share will be effected by the volatility of bitcoin. As a result, price of the share of tesla dumped as bitcoin did so, IMO.
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It is actually related to being fundamental ways. We know that several days ago, Elon Musk and also Tesla have become a very great influence on the cryptocurrency market. Moreover, it is not only about Bitcoin but another crypto. They are related to each other profits of course.
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I am not seeing a correlation here and most likely just a coincidence. However, right now, Elon Musk is given such a strong influence by the whole cryptocurrency market so whatever he is saying and doing that has connection with cryptocurrency can have some good or bad effect on the market. But we know that soon Elon Musk and his influence will wane and the market can get back to normal. This is just another exciting episode of Bitcoin and will surely go down as part of its very colorful and pulsating history.
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From here I started to think, what is the net income of the Tesla company when they sell a lot of cars?
Bitcoin has a very volatile price and has nothing to do with Tesla, Elon musk has many partners and we don't know what they do with the amount of money they have then they invest some money into Bitcoin for profit.
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In fact this proves that Bitcoin is indeed extraordinary. In my opinion, Tesla is taking the right step by investing in Bitcoin, and perhaps the returns will be greater than the profits from selling cars. The car that Tesla issued will not necessarily sell every day, while investing in Bitcoin can be profitable every time. So I think Tesla can indeed take a good business opportunity by investing in Bitcoin.
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I wonder if there is a directly proportional relationship between Bitcoin and Tesla?
The reason I asked this question is this: Tesla's shares fell very hard when bitcoin fell hard the other day. This is the worst drop in US stock markets so far. For two days, btc has been rising and Tesla is also rising. Is it a coincidence or could such a relationship be due to Elon Musk?
I worry when Tesla become investor in bitcoin will got problem exactly with United State country where we know they hate with bitcoin as investment or currency transaction, I think Tesla have promoted bitcoin around the world and get good respond from company but will any country wanna adopt bitcoin as legal payment transaction?
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We are all aware of how bitcoin and Tesla has been follow punp bitcoin the past weeks. They are one of the recognised and top companies in the world, that's why it's always easier for bitcoin to move at every Tesla move. We shouldn't forget that they also heavily invested in bitcoin also.
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Currently, there is a good relationship between Bitcoin and Tesla Elon Musk, because Tesla Elon Musk has been able to take Bitcoin to a much better level.We know that no one can control Bitcoin. Tesla Elon Musk is the regulator of Bitcoin. In other words, those who have big investors like Tesla Elon Musk are the regulators of Bitcoin
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Bitcoin and Tesla is so big different in terms of coin in the blockchain but if I am decided to choice of course bitcoin is my favorite because this coin is very popular and too old of service in the cryptocurrency operating and the value is higher compare to the other coins.
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It might just be a coincidence. because Tesla shares have never been controlled by bitcoin and even vice versa. It is possible that between Tesla or bitcoin will continue to rise in price
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Bitcoin and Tesla is so big different in terms of coin in the blockchain but if I am decided to choice of course bitcoin is my favorite because this coin is very popular and too old of service in the cryptocurrency operating and the value is higher compare to the other coins.
Yes, I think they are two different. So don't compare them. I think We should compare bitcoin tomother coin not Tesla. We all know about Elin musk, Tesla owner. For now Elon musk support and investing in bitcoin..That's a good thing.
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Last night when Elon Musk make new tweet about scam cryptocurrency make bad impact bitcoin and altcoin going down, many people not believe bitcoin as good foundation and become panic selling when have bad news from some one else about bitcoin, I think they make fud how to get bitcoin with lower price.
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Last night when Elon Musk make new tweet about scam cryptocurrency make bad impact bitcoin and altcoin going down, many people not believe bitcoin as good foundation and become panic selling when have bad news from some one else about bitcoin, I think they make fud how to get bitcoin with lower price.
I think that these people do not have their own opinion or brains at all, how a fish in water reacts to different movements. Elon Musk can constantly express his opinion on Bitcoin and other cryptocurrencies and, accordingly, receive some kind of reaction to his statements. But it turns into sheer nonsense, because his opinion is constantly changing.
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Tesla also suffered a harsh retreat when Bitcoin corrected hard, but that's not enough to say that bitcoin and Tesla are moving together. This may just be a coincidence. Although Elon Musk has recently made posts about crypto money, it is still just a coincidence.
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The relationship is Tesla investing in Bitcoin in a large number. There are no other special relationships, I think. I am very optimistic that Elon Musk also just know about Bitcoin, he has no relationship at the old era of Bitcoin.
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Tesla Elon Musk is one of the most successful businessmen in the world. He has made billions of dollars.However, he has taken Bitcoin a long way because he is supporting Bitcoin and has invested heavily in Bitcoin.I think maybe that's why Bitcoin has come so far today. I respect successful businessmen like them.
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Currently, there is a good relationship between Bitcoin and Tesla Elon Musk, because Tesla Elon Musk has been able to take Bitcoin to a much better level.We know that no one can control Bitcoin. Tesla Elon Musk is the regulator of Bitcoin. In other words, those who have big investors like Tesla Elon Musk are the regulators of Bitcoin
Just the way he was shilling doge some weeks ago, his influence is right here in bitcoin and if he decides to pull out, many will live crypto.
Some investors who bought bitcoin and doge are clearly here because of him and that's why bitcoin price can be easily manipulated by this high profile institutional investors.
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I heard Tesla is capable of virtual transactions like bitcoins. That means Tesla will create its own coins in its own blockchain. But such an update is not known at present. I think Elon Musk's concerns are certainly timely. If Bitcoin is approved by different institutions, then the economic condition of different countries will improve. At the same time, trade relations with each country will be better.
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Bitcoin is the king of all coins, so if you compare it to Tesla, it is quite popular. Bitcoin is more popular than Tesla because it has more supporters and investors than Bitcoin.
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Bitcoin is the king of all coins, so if you compare it to Tesla, it is quite popular. Bitcoin is more popular than Tesla because it has more supporters and investors than Bitcoin.
Just few week Tesla promote bitcoin and not any ideas to compare between Tesla and bitcoin, most worth bitcoin than Tesla because without Tesla bitcoin keep exist with many trader and investor holder, so never worry with Tesla wanna sell their bitcoin or not because they have make many speculation about bitcoin without know how bitcoin progress.
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I agree with you. Almost everyone is aware that Elon Musk has invested 1.5 billion in Bitcoin and that I think it is a calculation proportional to Tesla. So if Bitcoin increases, Tesla price will increase and if it decreases, Tesla price will also decrease. There is co-relation with each other.
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Bitcoin is much more valuable in the current market. At the same time Tesla plans to create valuable or cryptocurrency assets by Elon Musk. However, it is not known whether there will be any possibility in the future. I think Tesla must be distributed to any cryptocurrency holder in order to become a cryptocurrency asset. Then the importance of Tesla to this cryptocurrency community will increase.
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Bitcoin is much more valuable in the current market. At the same time Tesla plans to create valuable or cryptocurrency assets by Elon Musk. However, it is not known whether there will be any possibility in the future. I think Tesla must be distributed to any cryptocurrency holder in order to become a cryptocurrency asset. Then the importance of Tesla to this cryptocurrency community will increase.
I think that Tesla's cryptocurrency has a right to exist, but it should compete with other cryptocurrencies, not bitcoin. I believe this topic misplaces the emphasis and importance of this issue, since Bitcoin is out of competition.
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Actually I don't really understand this problem, but I don't think there is any connection between Bitcoin and Tesla. Even if there was a decrease in the price of Bitcoin and Tesla shares that occurred simultaneously, or also an increase in the price of Bitcoin and Tesla Shares that increased at the same time, it was just a coincidence.
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Currently Bitcoin Being the most populous.Bitcoin is more expensive than Tesla Increased.But Tesla could not go further than Bitcoin.Rather Tesla shares with Bitcoin However, it is more popular than Tesla Being bitcoin.So my favorite coin is Bitcoin.
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Tesla and Bitcoin This name is very familiar to everyone. There is no one who has not heard of Tesla Elon Musk.That's why I think the value of Bitcoin has been able to come to this level today. The price of Bitcoin has gone to another level since the day he started supporting Bitcoin.So Bitcoin's relationship with the cryptocurrency Tesla Elon Musk is very deeply involved.
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Currently Bitcoin Being the most populous.Bitcoin is more expensive than Tesla Increased.But Tesla could not go further than Bitcoin.Rather Tesla shares with Bitcoin However, it is more popular than Tesla Being bitcoin.So my favorite coin is Bitcoin.
I think You're right, when bitcoin being the most popular , I think bitcoin will be more popular than Tesla..We all know about Elon musk, Tesla CEO. He is famous people and also support crypto currency. It is a good thing
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Now it can be said that the control of Bitcoin has gone to Tesla Elon Musk.
No, Tesla has no power to control Bitcoin. Even if Tesla and Elon Musk have a big number of Bitcoin, they cannot control the Bitcoin price and Bitcoin trend in the market fully. I can admit if Tesla and Elon have the ability to manipulate the Bitcoin price in the market temporarily with their Bitcoin, but to control the Bitcoin fully seems impossible. We all know that Bitcoin is decentralized and no one has the capability to control it.
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Now it can be said that the control of Bitcoin has gone to Tesla Elon Musk.
No, Tesla has no power to control Bitcoin. Even if Tesla and Elon Musk have a big number of Bitcoin, they cannot control the Bitcoin price and Bitcoin trend in the market fully. I can admit if Tesla and Elon have the ability to manipulate the Bitcoin price in the market temporarily with their Bitcoin, but to control the Bitcoin fully seems impossible. We all know that Bitcoin is decentralized and no one has the capability to control it.
I agree with you, the current Bitcoin price is not controlled by Tesla even though Elon Musk owns a large amount of Bitcoin. But I believe what Tesla and Elon Musk did can affect everyone in the Cryptocurrency market, Bitcoin in particular.
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Bitcoin is one of the best and digital currency of cryptocurrency. And Elon Musk is the owner of the world famous car manufacturer Tesla.However, there is a deep connection between Tesla Elon Musk and Bitcoin. Because Tesla Elon Musk has taken Bitcoin a long way by investing in Bitcoin.According to Tesla Elon Musk, people are now investing heavily in this platform.
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I would doubt it, personally. The only cryptocurrency he has endorsed publicly is the "Dogecoin", the joke currency. He is trolling, if he had real skin in the game, it wouldn't be about the dog, so I wouldn't link this coincidence
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Bitcoin is the most popular cryptocurrency. This cryptocurrency is not comparable to any other currency. I have no idea what the Tesla currency is like.
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Elon Musk is the owner of Tesla Company. Bitcoin, on the other hand, is the most popular coin in the cryptocurrency world. However there is a deep connection between Tesla Elon musk and Bitcoin.Wealthy people like Elon Musk are now investing in bitcoin. This is very good news for cryptocurrency users. I have seen that many investing companies are investing in Bitcoin. For which the price of bitcoin is For which the price of Bitcoin is increasing a lot. according to Tesla alone mask people are now investing heavily in this platform.
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I think that TESLA, who wants to cooperate with Bitcoin, and TESLA who have large funds, do not want to lose if the Elon Musk company always supports Bitcoin.
The relationship between TESLA and Bitcoin is quite close because I saw Elon Musk accept Bitcoin for his TESLA car payments and this is good news for Bitcoin.
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Bitcoin is the most popular cryptocurrency. This cryptocurrency is not comparable to any other currency. I have no idea what the Tesla currency is like.
Tesla is now also a popular currency, but it is still far from Bitcoin, because Bitcoin is great and omnipotent and no currency can ever replace it.
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Tesla is now also a popular currency, but it is still far from Bitcoin, because Bitcoin is great and omnipotent and no currency can ever replace it.
Tesla is not a currency and Bitcoin is a digital currency.
If you think Tesla is currency, can you give me a link to that.,Because I am very happy to see new information and want to get updates on each of these developments.
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Both things are really amazing, but in my opinion Tesla's step is good if you do buy Bitcoin, smart in taking opportunities. even because Tesla is quiet, the company can still profit from investing in Bitcoin.
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Tesla is just one of the companies that invest money in Bitcoin. I think there is no special relationship between Tesla and Bitcoin. Tesla is like other companies, they trust in Bitcoin's future and support the BItcoin investment. I think with Tesla join the Bitcoin investment, it is a big support in Bitcoin.
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Tesla Elon Musk is the owner of the world famous car manufacturer Tesla. But he is a very successful and successful man.Usually he is an idol to us. We always want to follow him. I have a relationship with Bitcoin. He has supported Bitcoin and Bitcoin is far ahead Brought. We wish her longevity.
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At present Telsa is a world renowned company. Which is currently supporting Bitcoin and what is investing heavily in Bitcoin. Seeing the future of Bitcoin, Telsa Company has invested in Bitcoin in this way. Seeing this, other well-known companies are investing in Bitcoin. The reason is that the price of Bitcoin has changed so quickly.
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Tesla is just one of the companies that invest money in Bitcoin. I think there is no special relationship between Tesla and Bitcoin. Tesla is like other companies, they trust in Bitcoin's future and support the BItcoin investment. I think with Tesla join the Bitcoin investment, it is a big support in Bitcoin.
Tesla's investment in BTC may cause the correlation between BTC price and Tesla stock price to increase, because when the price of BTC falls, Tesla's total assets decrease and thus the value of the stock decreases, Lower investor confidence caused Tesla's stock price to drop further. The opposite happens when the price of BTC rises.
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Tesla Elon Musk is the owner of the world famous car manufacturer Tesla. But he is a very successful and successful man.Usually he is an idol to us. We always want to follow him. I have a relationship with Bitcoin. He has supported Bitcoin and Bitcoin is far ahead Brought. We wish her longevity.
The fact that Elon Musk is a successful person is never possible without his life story. He has invested nearly one and a half million in Bitcoin in cryptocurrency and he has created PayPal cards for cryptocurrencies. We can see that many big businessmen have also started investing in Bitcoin. I think the cryptocurrency market is growing so much that the role of Elon Musk is so much more.
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Now it can be said that the control of Bitcoin has gone to Tesla Elon Musk. However, no one can control Bitcoin. However, Tesla Elon Musk has been able to change the coin market Because Tesla Elon Musk invests the most in Bitcoin. He is currently a successful person.If Tesla Elon Musk hadn't supported Bitcoin, Bitcoin might not have come to this stage.
I agree with you. Because if Elon Max hadn't talked about Bitcoin here, maybe Bitcoin wouldn't have come so far. He is currently the largest investor. Everyone is imagining it and everyone is imagining more Is that why Bitcoin has improved so much today? But we all know that no one can control cryptocurrency. Cryptocurrency controls itself.
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I agree with you. Almost everyone is aware that Elon Musk has invested 1.5 billion in Bitcoin and that I think it is a calculation proportional to Tesla. So if Bitcoin increases, Tesla price will increase and if it decreases, Tesla price will also decrease. There is co-relation with each other.
Bitcoin with go to Mars with Tesla. :D Just kidding but partially true if +100k is the real target this year. :D So far, Elon is one of the popular person on earth that can influence institutions and whales to invest in Bitcoin. But not all knows what Tesla did and how much they invested. Only those who are aware in crypto and following Elon knew that news.
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I agree with you. Almost everyone is aware that Elon Musk has invested 1.5 billion in Bitcoin and that I think it is a calculation proportional to Tesla. So if Bitcoin increases, Tesla price will increase and if it decreases, Tesla price will also decrease. There is co-relation with each other.
Bitcoin with go to Mars with Tesla. :D Just kidding but partially true if +100k is the real target this year. :D So far, Elon is one of the popular person on earth that can influence institutions and whales to invest in Bitcoin. But not all knows what Tesla did and how much they invested. Only those who are aware in crypto and following Elon knew that news.
Elon Musk is not only an authoritative person, but also a person who brings high technologies for the benefit of society. thus, not only will electric cars become available to society thanks to the Elon Mask, but also cryptocurrencies will be more popular thanks to this person.
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At present Telsa is a world renowned company. Which is currently supporting Bitcoin and what is investing heavily in Bitcoin. Seeing the future of Bitcoin, Telsa Company has invested in Bitcoin in this way. Seeing this, other well-known companies are investing in Bitcoin. The reason is that the price of Bitcoin has changed so quickly.
Elon Musk is first of all a very successful businessman, the second in the world in terms of capitalization in Tesla. And of course, he did not miss the opportunity to earn even more and for this he chose to invest in bitcoin. What caused the strong growth of bitcoin.
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Tesla has invested 1.5 billion US dollars in Bitcoin. (https://www.forexbrokerz.com/news/elon-musk-endorses-bitcoin) It has announced they will allow people to pay them in Bitcoing. They have tied themselves, in people's eyes at least, quite firmly to Bitcoin, for better or worse, so it's not at all surprising the company share price depends on the Bitcoin price now.
I do not agree that the Tesla share price or the price of stocks depends on bitcoin, they are different business, and Tesla shares and bitcoin has no relationship; this jis ust a coincidence.in my opinion. Tesla shares has it own market while the bitcoin is completely digital.
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I agree with you. Almost everyone is aware that Elon Musk has invested 1.5 billion in Bitcoin and that I think it is a calculation proportional to Tesla. So if Bitcoin increases, Tesla price will increase and if it decreases, Tesla price will also decrease. There is co-relation with each other.
Bitcoin with go to Mars with Tesla. :D Just kidding but partially true if +100k is the real target this year. :D So far, Elon is one of the popular person on earth that can influence institutions and whales to invest in Bitcoin. But not all knows what Tesla did and how much they invested. Only those who are aware in crypto and following Elon knew that news.
Elon Musk is not only an authoritative person, but also a person who brings high technologies for the benefit of society. thus, not only will electric cars become available to society thanks to the Elon Mask, but also cryptocurrencies will be more popular thanks to this person.
Because of him, Mars is in open position to accept humanity through Elon. The join force between Elon's team and crypto seems the bridge to start the world in the newly upgraded ways and technologies with cryptocurrencies. Of course it takes time to fix every failure testing and huge money to reach the target.
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Because of him, Mars is in open position to accept humanity through Elon. The join force between Elon's team and crypto seems the bridge to start the world in the newly upgraded ways and technologies with cryptocurrencies. Of course it takes time to fix every failure testing and huge money to reach the target.
Indeed, what @elonmusk says is sometimes like a dream that wants to be realized, so this is what makes India want to ban @elonmusk.
It seems that the development of crypto continues to be a conversation which will make the eyes of the world even more open to crypto.
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As much as I know about Bitcoin, I don't know much about Tesla. But Bitcoin is known and recognized by everyone in the world. Bitcoin is a cryptocurrency currency. It is very popular all over the world. These bitcoins are the biggest investments in the world. But all I know about Tesla is that Tesla is a car company from elonmusk. But it is also much better. But I like Bitcoin the most
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In fact, since the Telsa company has supported Bitcoin, this may be the main reason for the growth of Bitcoin. I see Telsa company but many big companies are investing in Bitcoin. Looking at the current state of Bitcoin, the price may be many times higher than the research we do on the price of Bitcoin. Because Bitcoin is being used almost all over the world.
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In fact, since the Telsa company has supported Bitcoin, this may be the main reason for the growth of Bitcoin. I see Telsa company but many big companies are investing in Bitcoin. Looking at the current state of Bitcoin, the price may be many times higher than the research we do on the price of Bitcoin. Because Bitcoin is being used almost all over the world.
Yes, for now I see many companies have invested in bitcoin.Tesla is one of those., I se rafter Tesla supported bitcoin, bitcoin has high demand and the progress of the market is really good. I hope other companies will support bitcoin too.
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While the interest in Bitcoin is great, which other major company has invested in Bitcoin as much and as publically as Tesla has?
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While the interest in Bitcoin is great, which other major company has invested in Bitcoin as much and as publically as Tesla has?
Yeah, the demand and interest in Bitcoin are very high now. I think there will be more companies to support and join the Bitcoin investment. I heard people state that Amazon has joined it, it is also a major company right? Then, there should be other major companies to come again to Bitcoin world, I am very optimistic about this.
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Bitcoin is the king of cryptocurrency. This bitcoin cannot be compared to any other coin. Tesla has no idea about cryptocurrency because it is not very popular. Bitcoin is not known for its price and popularity.
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Due to the big investment made by Tesla, and the acceptance of bitcoin as a method of payment, it is more like having a high side of their shares on bitcoin, which now makes them to be in a close trend with that of bitcoin, being affected with the price movement of bitcoin.
In terms of Tesla Elon Musk to control the market, that is not possible, he is a big time investor in bitcoin, so are there big time whales also existing in the market. What Tesla Elon Musk can do is to make a withdrawal of His profits, which could reduce the price as a normal thing that is been done by whales and big holders of bitcoin.
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Who knows what Elon Musk will do, the man is completely unpredictable in his decisions. It's entertaining to watch, but combined with his effect on the crypto market it can get pretty dramatic too.
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I would prefer Bitcoin as it is more popular and has been around for a long time.
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I wonder if there is a directly proportional relationship between Bitcoin and Tesla?
The reason I asked this question is this: Tesla's shares fell very hard when bitcoin fell hard the other day. This is the worst drop in US stock markets so far. For two days, btc has been rising and Tesla is also rising. Is it a coincidence or could such a relationship be due to Elon Musk?
In this regard, I would like to say that what Tesla has done is very much in BRICS. In fact, it is impossible to say what will happen in the future in cryptocurrency, so I am saying that the investment that Tesla has made on Bitcoin is in Rix. But yes it is true that the price of bitcoin has started to rise since the Tesla investment. That's why people's confidence in Bitcoin has increased so much. Many have increased their investment in bitcoin since the Tesla incident.
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I don't really think that their is any direct relationship between Tesla and Bitcoin. Both of them rised very high this year and coincidentally they dropped almost the same time. I don't it is possible to control the price of Bitcoin.
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Now it can be said that the control of Bitcoin has gone to Tesla Elon Musk. However, no one can control Bitcoin. However, Tesla Elon Musk has been able to change the coin market Because Tesla Elon Musk invests the most in Bitcoin. He is currently a successful person.If Tesla Elon Musk hadn't supported Bitcoin, Bitcoin might not have come to this stage.
I cannot agree with you. It is not possible to control the price of bitcoin with investment. In proportion to the total market cap of bitcoin the money Elon invested is very low. It cannot have so much impact on the market that it can control the market. It can only make a small price up down for a short time.
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I cannot agree with you. It is not possible to control the price of bitcoin with investment. In proportion to the total market cap of bitcoin the money Elon invested is very low. It cannot have so much impact on the market that it can control the market. It can only make a small price up down for a short time.
It is clear that investors and wholesalers as well as companies that hold bitcoin will be able to control the price of bitcoin because of their ability to hold large enough bitcoins.
so it is clear @elonmusk with the Tesla company, will clearly be able to control bitcoin because they buy and are followed by many companies, so the scarcity of bitcoin makes the price increase.
if only an @elonmusk would obviously not be able to do that, because of the effect @elonmusk that makes everyone move at the same time.
although indeed the effect that is carried out can have long or temporary consequences, it all depends on the large holders of bitcoin itself, because indirectly everything they do will clearly be able to make bitcoin change both down and up. only those who control, but not all of them can simultaneously do that which results in bitcoin sometimes not being controlled by them, but if it is at the same time it will certainly have an impact.
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I am not seeing a correlation here and most likely just a coincidence. However, right now, Elon Musk is given such a strong influence by the whole cryptocurrency market so whatever he is saying and doing that has connection with cryptocurrency can have some good or bad effect on the market. But we know that soon Elon Musk and his influence will wane and the market can get back to normal. This is just another exciting episode of Bitcoin and will surely go down as part of its very colorful and pulsating history.
I like your opinion the most. Because you explained it very nicely. Both coins are very valuable here. BTC prices rise since Elon Musk supports cryptocurrency Ongoing. Both coins have become valuable in the world. Telsa is a good company like Kilon Max. So we will support both.
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For bitcoin is the best compared to Tesla because bitcoin is the most coins in the market are so very potential and popular in the blockchain which is the investors will satisfied to used this in the market for any linked of technology.
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I don't really think that their is any direct relationship between Tesla and Bitcoin. Both of them rised very high this year and coincidentally they dropped almost the same time. I don't it is possible to control the price of Bitcoin.
Yes bro
I would first like to say that the coin market can never be controlled. Currently we have seen Telsa compare with Bitcoin. It is seen that Telsa company has accepted bitcoin transactions. This may be due to the price pump of Bitcoin.
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I think Bitcoin does not have any mutual understanding to any parties due to its very platform as decentralized. Even Tesla will not risk his company or name to any autonomous person. Tesla and Bitcoin are the same making money to their extent as long their are community and buyers. When Bitcoin crashed to the bottom, Tesla didn't go in the same direction.
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TESLA understands very well with the Bitcoin community and TESLA understands that the money circulating in Bitcoin is very large, so this is an opportunity for TESLA to continue to develop its business with Bitcoin.
Why did TESLA open its car purchases with Bitcoin?
The reason is simple as I have said that Bitcoin has a strong community, price and security that can afford a TESLA car.
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Tesla also has an image to maintain as being innovative and forward thinking, and Bitcoin fits the same image. It's a matter of PR too.
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I also think like that, I can't imagine if Tesla had that much Bitcoin from car sales, I don't think Tesla will sell the Bitcoin they already have, they will keep it and we don't know what they think.
What are the future goals of the Tesla company by buying and accepting Bitcoin?
Tesla's stock could go down, but the Bitcoin price will always go up because the number of requests increases.
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As far as I know, Tesla acquired bitcoins in the amount of $ 1 billion or more. Perhaps because of this, stocks fell.
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The two of them need each other and both of them will continue to be on the winning path.
Bitcoin is fantastic and TESLA is a big company in space technology and its electric cars.
If the two of them work together, it will feel very strong, sure that in the future they will be more famous than now, which has a lot of news in various online media.
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Tesla is great at marketing. Their marketing move "Buy Tesla with Bitcoin" is marvelous. They sell something that looses value for something which value will only grow. With that, they not only stimulate Bitcoin growth, but also stimulate growth of their company. Double win situation.
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Are Tesla cars losing value? Aren't green technologies more valuable than ever now?
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Now, we can buy Tesla with Bitcoin. The two are precious and worthy to get
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Everyone knows what Elon Musk is and everyone knows what TESLA is and Bitcoin is already behind the scenes between Tesla and Elon Musk.
Bitcoin already has the trust among all investors and now Bitcoin is sought after by everyone for their digital assets and it is certain that Bitcoin will continue to rise in price over time in the near future.
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Bitcoin and Tesla are two crypto currency . these two currency also recognized in the many countries of the world but Bitcoin is extraordinary. At this moment Bitcoin is very popular in the world and it's price also very high. On the other hand the owner of the Tesla, Tesla Elon Mask has invest a large amount of money in the Bitcoin .
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The two currencies currently in the cryptocurrency market are Bitcoin and Tesla. Of the two coins, Bitcoin is the most popular. Bitcoin currently trades over 50,000. And over time, that coin has grown. I don't think the bitcoin currency of cryptocurrency will stop. It will continue to increase.
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Bitcoin Tesla is the largest investor in cryptocurrency. And Elon Musk, the first inventor of Bitcoin, is a big investor. And Bitcoin's cryptocurrency is affecting Bitcoin Tesla.
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One good news after another is being heard for Bitcoin this year. The condition of Bitcoin is always going to be better. Bitcoin is being able to improve a lot all over the world. The condition of Bitcoin has improved a lot. So big companies have bitcoin transactions. Bitcoin's value and prestige have increased due to such Tesla transactions.
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Bitcoin and Tesla are two crypto currency . these two currency also recognized in the many countries of the world but Bitcoin is extraordinary. At this moment Bitcoin is very popular in the world and it's price also very high. On the other hand the owner of the Tesla, Tesla Elon Mask has invest a large amount of money in the Bitcoin .
Tesla is not cryptocurrency
The two currencies currently in the cryptocurrency market are Bitcoin and Tesla. Of the two coins, Bitcoin is the most popular. Bitcoin currently trades over 50,000. And over time, that coin has grown. I don't think the bitcoin currency of cryptocurrency will stop. It will continue to increase.
Tesla is not cryptocurrency
Bitcoin Tesla is the largest investor in cryptocurrency. And Elon Musk, the first inventor of Bitcoin, is a big investor. And Bitcoin's cryptocurrency is affecting Bitcoin Tesla.
You swap apples for pears
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I wonder if there is a directly proportional relationship between Bitcoin and Tesla?
The reason I asked this question is this: Tesla's shares fell very hard when bitcoin fell hard the other day. This is the worst drop in US stock markets so far. For two days, btc has been rising and Tesla is also rising. Is it a coincidence or could such a relationship be due to Elon Musk?
I would say that Bitcoin is controlled by Elon Musk and Tesla. But no one can control what bitcoin is. However, some prices may fluctuate in the market. Because Elon Musk and Tesla are the biggest investors
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Tesla shares are now trading on the Binance market and I saw that information when I saw the latest notification yesterday morning on the Binance app that Tesla Shares can be traded on Binance soon, Oh My God!
The more open the TESLA is to trade on Binance, the better FOMO is for cryptocurrencies, including Bitcoin and altcoins.
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Wait, when did they get added there? Is this a new thing? Or have they had it for a while?
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Bitcoin is one of the best valuable digital crypto in cryptocurrency world.so it's called the king of cryptocurrency market.Tesla is also a digital crypto in cryptocurrency market.Elon musk is the founder of tesla to a institute.so he continues to spread a crypto name tesla.I believed that one day the digital crypto tesla will well-known worldwide.So we told that bitcoin and tesla is the valuable crypto in cryptocurrency market.
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Now it can be said that the control of Bitcoin has gone to Tesla Elon Musk. However, no one can control Bitcoin. However, Tesla Elon Musk has been able to change the coin market Because Tesla Elon Musk invests the most in Bitcoin. He is currently a successful person.If Tesla Elon Musk hadn't supported Bitcoin, Bitcoin might not have come to this stage.
That's not right, Musk can't control it. The only thing he can do is to plunge the price down a little when selling a large amount of Bitcoin.
And of course to tweet about this to influence the price.
But to control? No chance.
For me, Elon Musk can control the market through his influence but cannot literally control Bitcoin on itself with all his money. His investment in Bitcoin and shills on social media made him more money than his company tesla in just a short period of time. Elon is just a smart guy, a risk taker and no doubt he earned billions of dollars. Therefore, his popularity and influence makes people think Bitcoin and Elon are a factor of it's other that's why we come to this stage.
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I wonder if there is a directly proportional relationship between Bitcoin and Tesla?
The reason I asked this question is this: Tesla's shares fell very hard when bitcoin fell hard the other day. This is the worst drop in US stock markets so far. For two days, btc has been rising and Tesla is also rising. Is it a coincidence or could such a relationship be due to Elon Musk?
I think the reason why Tesla is rising while bitcoin has risen. Because bitcoin is always be trend centre of crypto currency. I believe in almost all of crypto currency always follow bitcoin progress. That's my opinion.
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I Never Compare Bitcoin With Tesla. Because Bitcoin Is Best. Bitcoin's Called As Father Of All Cryptocurrency. Tesla Is new But Bitcoin Is First Cryptocurrency. So I Always Support For Bitcoin.
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I wonder if there is a directly proportional relationship between Bitcoin and Tesla?
The reason I asked this question is this: Tesla's shares fell very hard when bitcoin fell hard the other day. This is the worst drop in US stock markets so far. For two days, btc has been rising and Tesla is also rising. Is it a coincidence or could such a relationship be due to Elon Musk?
It's just a coincidence, I know Elon Musk is a businessman as well as an Investor who supports Bitcoin, but the two have nothing in common. Because Bitcoin is increasing because of community support and we can see Bitcoin reaching $40K without tweets from anyone :)
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I don't really think it's a coincidence. Musk has publically endorsed Bitcoin (and cryptos in general). But it is not just Musk talking on Twitter, Tesla Inc. invested 1.5 billion US dollars in Bitcoin! (https://www.forexbrokerz.com/news/elon-musk-endorses-bitcoin) And they also announced that people will be able to pay with Bitcoin for their products. I think that functionality is already active. Bitcoin and Tesla are heavily tied now, at least in people's minds, so that psychological effect alone may have an influence over Tesla's shares whenever Bitcoin drops.
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Bitcoin is now supported by all the major companies in the world in cryptocurrency. But when the Telsa company supported Bitcoin, the price of Bitcoin changed so much. That's why all the other companies are investing a lot in Bitcoin which is the reason why the price of Bitcoin has really increased so much.
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I Never Compare Bitcoin With Tesla. Because Bitcoin Is Best. Bitcoin's Called As Father Of All Cryptocurrency. Tesla Is new But Bitcoin Is First Cryptocurrency. So I Always Support For Bitcoin.
Your misconception Telsa but no coins Telsa is a company. But Bitcoin is the king of all coins in cryptocurrency. Telsa is one of the most reputable companies in the world that has supported Bitcoin, which is why the price of Bitcoin has risen so much. And you don't support him. I don't understand anything about you.
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Bitcoin is now supported by all the major companies in the world in cryptocurrency. But when the Telsa company supported Bitcoin, the price of Bitcoin changed so much. That's why all the other companies are investing a lot in Bitcoin which is the reason why the price of Bitcoin has really increased so much.
I don't know about all the major companies supporting it. Does Disney support it openly? Or Microsoft? Or Nestle?
I haven't heard of them saying anything about cryptos, be it positive or negative.
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Interesting question dear ones. I respect the first cryptocurrency and I also respect Elon Musk as a legendary man of our time! Tesla is a super promising company and its shares are much cheaper than bitcoin.
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Now it can be said that the control of Bitcoin has gone to Elon Tesla Mask. However, no one can control Bitcoin anymore. However, Elon Tesla has been able to change the musk coin market because Elon Tesla Musk invests the most in bitcoin. He is currently a successful person. If Elon Tesla Mask had not supported Bitcoin, Bitcoin probably would not have come to this stage.
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Bitcoin is now supported by all the major companies in the world in cryptocurrency. But when the Telsa company supported Bitcoin, the price of Bitcoin changed so much.Because Bitcoin is increasing because of community support and we can see Bitcoin reaching $40K without tweets from anyone
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Bitcoin is now supported by all the major companies in the world in cryptocurrency. But when the Telsa company supported Bitcoin, the price of Bitcoin changed so much.Because Bitcoin is increasing because of community support and we can see Bitcoin reaching $40K without tweets from anyone
Yes, it is a fact that has happened because many large companies have started to look, that investing in bitcoin is very profitable compared to when they invested in stocks or foreign exchange. The increase in the price of bitcoin really attracted them and it started with the Tesla company, which one of the leaders was @elonmusk.
even though it may seem too late but there is nothing wrong with continuing to invest in bitcoin, because we know bitcoin has not yet reached its peak so there is still time to be able to make purchases and wait for an increase in the price of bitcoin.
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The best Citing the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions", Musk revealed that the company wouldn't be selling any of its Bitcoin holdings, and would consider using it for transactions again once mining "transitions to more sustainable energy.
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Nowadays, if you want to invest money where you want, you can invest to buy Bitcoin or Tesla shares. We all know more or less that Elon Musk is a Tesla company instead of Bitcoin. He used to sell cars. But at the moment, Tesla has stopped this issue.
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I don't see why it should be an either or situation, one can buy both Tesla shares and Bitcoin just fine if they have the money for it.
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The best Citing the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions", Musk revealed that the company wouldn't be selling any of its Bitcoin holdings, and would consider using it for transactions again once mining "transitions to more sustainable energy.
as long as we follow crypto, it is certain that bitcoin brings something of its own luck, even though altcoins are also quite instrumental too.
from day to day many continue to be helped by the existence of bitcoin, I agree with you that bitcoin brings a lot of new life, which we may not have anticipated before.
many who join crypto and invest in bitcoin very much helped, they just want to be patient that bitcoin will increase all the time without the need to do anything.
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I have no idea about this market. Forgive me if I have made a mistake. Between Bitcoin and Tesla I have heard that the price of Bitcoin Dib is much higher.
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Bitcoin Dib? What is Bitcoin Dib?