Quote from: Vishnu.Reang on Today at 01:31:12 PM

Quote from: longyenthanh on Today at 01:13:51 PM

I think what Elon Musk did will start a completely new situation on the cryptocurrency market. See that until recently there was a giant PayPal, now Tesla with Elon. I think that this year we will have a period of watching only green charts on the entire cryptocurrency market.

With unorthodox assets such as Bitcoin, someone needs to take the initiative. And this is what Elon Musk and PayPal have done. They took the initiative and now there are large number of corporations following the trend (including MasterCard, Visa, Amazon, Apple, Twitter.etc). Very soon, this will turn in to FOMO. Those corporations which are still hostile to the idea of cryptocurrency will be forced to invest, if most of the others do that. No one wants to miss out.

And I have to thank PayPal first, because they were the ones who started it. The spike from PayPal adoption came at a time when Bitcoin needed it the most. Then the second spike was resulted from Elon Musk and Tesla. Now I don't know who will cause the third wave, but in all probability it is going to be one among these corporations - Amazon, Google, Apple, Microsoft & FaceBook.

I am also waiting for the announcement of the next giant that will start accepting and investing in cryptocurrencies. I'm sure it won't be Facebook because of the Libra project. Gates also don't like crypto, so I doubt it will be Microsoft. Apple is the most likely, followed by Amazon.
However, the most important thing is that small companies should not be afraid of cryptocurrencies and start accepting them. I think it is already happening.