Quote from: atenolol on February 28, 2021, 02:40:16 PM

After announcement that Elon Musk invested billions in btc, the price that was already high, skyrocketed just in a couple of days. A lot of rumors about huge wall street investors started to appear. But I have a very short question. Which "Wall street" or other professional investor with clear mind would invest in THE MOST VOLATILE COMMODITY IN THE WORLD after it reached $57 000

https://coinmarketcap.com/currencies/bitcoin/

I know that I will be attacked by BTC supporters, but you are welcome.

In all honesty: I think Elon was simply trying how big his power is. He tried to be a "Donald Trump for Bitcoin". Imagine, you are one of the richest ppl on earth, and many many ppl follow what you say, only because you tell them to. So... when he decides to invest into anything and then post it on twitter, there is a high chance that many ppl will follow his lead. So...
What if Elon tried the biggest pump and dump in history of BTCUSD?
I like Elon and what he does, but he's only a father too, and needs to pay bills. So maybe that BTC investment was only a short term thing to raise money for a new project? Or simply to see how far he can push prices?