Elon Musk is Satoshi Nakamoto, the creator of Bitcoin, and had been buying Tesla shares with his Bitcoin, leading to the recent, astronomical rise in Tesla’s share price
Some people may know that Elon musk made his initial fortune off of PayPal in the late 90s and early 2000s. What people may not realize is that when he sold he was required to sign a non compete which prevents him from working for or starting another electronic payments company. As many know, “Satoshi Nakamoto” is the fake name of the man who created bitcoin (no one knows who he is). Last people checked, Satoshi has roughly $8billion in bitcoin left. Tesla’s stock price has risen 500% since the beginning of the year, with people scooping it up like crazy... they recently split the stock 5:1 to make it more affordable. People have assumed that the rise is due to retail investors pouring in, but there have been some super weird/interesting large blocks being bought up if you look at the price action. I’m talking much more than just retail investors. What if Elon has been using his BTC in order to buy up massive amounts of shares, which has bid up the share price and given him more control of the company (he actually doesn’t have voting control like Bezos). Edit: Elon is using Tesla to make it traceable and bring the money back into circulation since he’s unable to spend $8billion in BTC.
"The continued rise of central banking balance sheets and the continued improvement in the regulatory landscape for crypto ring the bells for crypto as loud as possible: Bitcoin will become mainstream sooner rather than later."
What do the "allow taker" and "post only" options mean in the context of a limit sell? For example, if I set up Bitcoin to sell if it rises to $10k, is there any advantage to choosing "post only" vs. "allow taker?" Any disadvantages?
What is the Bitcoin Halving and how will the Halving affect the miners? According to the laws of demand and supply, the scarcity of the Bitcoin supply will lead to an increase in Bitcoin demand, leading to a rise in prices. Is this only in theory?
05-27 09:33 - 'Its only a matter of time before Bitcoin rises another 10,000% to 100 million dollars and mining farms become the decentralized banks of the future.' (self.Bitcoin) by /u/tinycoin removed from /r/Bitcoin within 1986-1996min
"Want to buy a $2 coffee with cryptocurrency? You'll pay an ADDITIONAL $2.12 in fees (and rising!!) if you use the old technology Bitcoin BTC (think 56k modems, Blockbuster Video, Kodak). Fees are 1/10th of 1¢ with #BitcoinCash #BCH (think high-speed fiber, Netflix, iPhone)."
From 2009 to May 2010, the price of bitcoin remained below the $0.01 mark and is the cheapest price of 1 BTC. After rising slowly, bitcoin reached the $1 mark in the first months of 2011. In 2011 there was also an increase in bitcoin to $31 before falling back to $2. https://www.gmholding.info/
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