Ninjastic
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Topic
Board Bitcoin Discussion
Re: Elon Musk adds #Bitcoin to his Twitter bio
by
Slow death
on 29/01/2021, 15:04:43 UTC
Quote from: pooya87 on Today at 09:49:38 AM
Quote from: arbiter5 on Today at 09:36:53 AM
Quote from: pooya87 on Today at 09:27:31 AM
Just because someone places hashtag on his twitter account doesn't make people go and buy bitcoin.
Sure. But everything happened literally at the same time, within a few minutes. Could be totally a coincidence, but what are the chances? I even added a chart from Google Trends. Were those whales searching for "bitcoin" then?
Do you know how long it takes someone to sign up on an exchange, go through their KYC process to verify their account, make money transfer from their bank account to that bitcoin exchange, wait a long time until it reaches the exchange and is credited in their account and then eventually after jumping through all the hoops they can buy bitcoin?

 Grin

In my country I would take up to 2 months just to have the documents to pass KYC ... then I would still have to go to the bank, which would take 3 more days and after the whole process of the documents and the bank was resolved, I would finally deliver the documents to the sites to buy bitcoin, at least in 3 days KYC is done and then buying bitcoin an would pay the high fees. definitely Is a long and expensive process unfortunately


wow that was incredible: