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Author Topic: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance  (Read 649 times)

hisscotch

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In an exclusive audio chat social media platform Clubhouse conversation on February 1, 2021, the CEO of Tesla, Elon Musk, has said that Bitcoin is on the verge of broader acceptance. When asked about his thoughts on Bitcoin, Elon Musk in a conversation with Andressen Horowitz and other prominent investors, said: “I do think Bitcoin is a good thing. I’m a supporter of Bitcoin. I think Bitcoin is on the verge of getting broad acceptance by conventional finance.”

These comments come just a couple of days after he put the word “Bitcoin” in his Twitter bio, which led to a rally in the BTC price by 14% within 30-minutes. The industry executives, who were present in this invite-only public conversation, have a generally positive attitude towards Tesla CEO’s comments on Bitcoin.

https://medium.com/daily-highlights-crypto-analysis-news/elon-musk-says-bitcoin-is-on-the-verge-of-seeing-broader-acceptance-in-a-clubhouse-conversation-9ec446b78c3f

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sidik7

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #1 on: February 16, 2021, 11:34:10 PM »
its truly extraordinary the impact that elon musk has had on cryptocurrency and has made such a big change in the growth of cryptocurrencies around the world that giving value to a coin that is so cheap is now become increasingly expensive.
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yurez1981

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #2 on: February 17, 2021, 08:43:51 AM »
Perhaps the growth of bitcoin will be more massive than many think, since there was no recognition by the largest US banks before.  Investments in bitcoin were announced by Morgan Stanley and the oldest bank in the United States, Bank of New York Mellon, announced the work with cryptocurrency.

sidik7

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #3 on: February 19, 2021, 12:16:34 AM »
Perhaps the growth of bitcoin will be more massive than many think, since there was no recognition by the largest US banks before.  Investments in bitcoin were announced by Morgan Stanley and the oldest bank in the United States, Bank of New York Mellon, announced the work with cryptocurrency.
almost everyone is important and rich they have followed the journey of elon musk into crypto and we see also the movement of almost various cryptos that have entered on coinmarketcap has experienced a very high surge.
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started over again, it would most
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platform.
     
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   ▀▀                            ▀▀
 
.X10..

faster than its
pre-decessor
‘Bitcoin’
   
          ▄█▄
         ▄███▄
        ▄█ █ ██
       █▀  █  ▀█
     ▄█▀   █   ▀█▄
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          ▀█▀
 
Based on
ETHERIUM
   
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Cryptobee2018

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #4 on: February 19, 2021, 06:53:37 PM »
Yes, this information brings a huge impact on the coin prices especially BTC and DOGE. The effect of this statement shows us that information is the best capital we need in any business. That's why I will always be updated with my related business.

As I have been a BTC holder since 2015, I follow some of the best blogs or sites like Shysatoshi that have the complete and latest news on crypto. And I never missed a chance to get some handsome profit.

hair

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #5 on: February 19, 2021, 07:43:13 PM »
Elon Musk's influence is very strong, not only bitcoin has experienced an increase in price, but dogecoin and marscoin are examples of coins whose prices have increased.

CryptoStar19

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #6 on: June 17, 2021, 03:21:16 PM »
Elon has a tremendous number of followers on social media and is respected by many almost religiously. Unfortunately this means that many people will follow him and his opinions blindly... for crypto, this means that the market reacts to the whims of Elon Must regardless of whether his opinions have a sound basis. Things like the energy consumption FUD with bitcoin is not a new thing, it was only brought into the spotlight because of Elon.

quoljuol

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #7 on: June 19, 2021, 07:50:07 PM »
DYOR, when u evaluate one or another ecosystem. Up to taxi field, that's what everyone outlines. And we are moving to Taxi 3.0 basically. What I'd say, there are not many key players. There are great know-hows there, for example no commission. Shifting the focus from the existing commission-based platforms to a new subscription-based economic model

Redix

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #8 on: June 19, 2021, 11:46:05 PM »
And we don't need to trust him because he also changed his mind and statement by saying that Bitcoin is something harmful to the world, not going to support BTC again, and even not accepting Bitcoin again to Tesla  ;D
And if we are seeing how his tweet so far, it is likely something that he really wants to do, playing what he likes in crypto, making his power and popularity to drive the crypto market, spread FUD, and others. And unfortunately, many followers believe on him

CryptoStar19

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #9 on: June 20, 2021, 06:54:35 AM »
This is no news to me: bitcoin has been seeing wider acceptance and adoption continuously for quite a few years now and there is no reason to think that this is gong to stop being the case anytime soon.

cayne90

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #10 on: June 20, 2021, 10:39:09 AM »
Ilon Musk just a hyper. Stop paying attention to him

juolerlt

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #11 on: June 20, 2021, 07:31:36 PM »
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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #12 on: June 21, 2021, 07:17:25 PM »
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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #13 on: June 22, 2021, 10:31:48 PM »
Not many worthwhile ecosystems to outline, up to taxi 3.0, there is one key player I follow - Drife. I like different functions - fare will be fixed on the basis of specific criteria defined in the smart contracts, bringing trust and transparency to the system, true peer-to-peer network, where the two main stakeholders - the rider and the driver are directly connected for mutual benefit. Would discuss

chideraogbonna56

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Re: Elon Musk says Bitcoin is on the Verge of seeing Broader Acceptance
« Reply #14 on: June 23, 2021, 12:55:00 AM »
Perhaps the growth of bitcoin will be more massive than many think, since there was no recognition by the largest US banks before.  Investments in bitcoin were announced by Morgan Stanley and the oldest bank in the United States, Bank of New York Mellon, announced the work with cryptocurrency.
almost everyone is important and rich they have followed the journey of elon musk into crypto and we see also the movement of almost various cryptos that have entered on coinmarketcap has experienced a very high surge.
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