Yeah definitely a good move for entire bitcoin community; Elon Musk was saying the other day that he’s going to buy dogecoin and show full support to the coin if the big holders should sell their coins, I think he’s just starting to play some tricks here or whatever.

Anyway, as for his company Tesla investing that huge amount of money on bitcoin, for now I am going to say that it is good because the market will start increasing now that they have done that and also since he’s a big influencer who has been linked to several bullish markets this year, that will push lots of his followers to start buying Bitcoin since they have seen him buying it.