Telsa billionaire Elon Musk , whose tweets about 'joke' meme-based cryptocurrency dogecoin helped push it to a $10 billion valuation, has warned the price of bitcoin and ethereum.
... [+]supporter but has recently increased his participation in the space as the price of bitcoin and ethereum have soared.AFP via Getty ImagesThe bitcoin price climbed to $57,000 this week, giving it a total value of over $1 trillion, while ethereum, the second-largest cryptocurrency, broke $2,000 per ether token for the first time—giving it
a total value of $226 billion.Musk made the bitcoin and ethereum price warning during a discussion on Twitter about the nature of money. Replying to gold investor and bitcoin skeptic Peter Schiff, Musksaid:"Money is just data that allows us to avoid the inconvenience of barter. That data, like all data, is subject to latency and error. The system will evolve to that which minimizes both. That said, bitcoin and ethereum do seem high."Read more: Forbes »
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Ree Elon market manipulation!!!! 'Forbs and every other market manipulator copy pasta the same thing for a week straight.' I agree with Musk Crypto has no value (no: product/service). It's a gr8ter fool's game. It's not a currency problem but a payment prob (inefficient),d solution is 4 Apple & Tesla 2 become banks/credit card comp themselves + Pay & Tesla Pay = crypto efficiency elonmusk CathieDWood tim_cook
Isn't that code for he's buying bit coin? Okay. Good. TwoLameDucks Mr. Musk! Please type 'TRY' in your bio. We promise that we will buy all your Tesla cars. Also we don't allow to sell other electrical cars in Turkey. We have already used your rocket launcher services for our satellites. Stark warning!! 'It might be a bit high' 😂😂😂 Didn't he say the same about Tesla when it was about 1/10th of its current value
Do you think this is what people really need right now? It's interesting that he did that after the market close on Friday. Welcome to the community, new Bitcoiners. Make sure you follow lisaMakT She understand Bitcoin and have an unflinching optimism about it. She is for transparency and trust 💯 “Everything is good for Bitcoin.”
ElonMusk doing Pump and Dumps this days. Sooner or later SEC_Enforcement will get him. I don't care about the $BTC. But would he just shut up already? shake out means its going higher Telsa? You realize it is a tongue-in-cheek statement, right? He said the exact same words about Tesla before it went 7x.
Market manipulation 101