The real reason behind Musk's BITCOIN purchase

I like musk, he's interesting.

But, he's also randomly accused people of being pedo's(to a slanderous degree) and has made several comments that have resulted in fines due to market manipulation.

There is more than one Elon Musk, the online one, while fun and occasionally funny, is not the sane one.

He knows damn well that publicly announcing a high volume purchase would shoot the price up, just like he knew commenting on tesla stock when it reached a new high as being "drastically overvalued" would cause a major selloff.

ive suspected something similar but maybe as a function of his sat system also.
nobody blows a billion without having a plan for that.

I should add that it appears the 1000oz bars have dried up over night. Miles Frankland and others have been talking about it.

This is the event thats suppose to be the one to watch for with silver.

This recall will change the landscape.

The far right is going to hijack the election. Claims its about the western sea board being open and people on our doorstep (which is true.)

Covid deniers will be labeled mentally ill and totally silenced by big tech throughout the process.

Any questions about what will happen I have the answers.

Exactly

He's a flimflamer. His company sucks as a company and this is how he makes money now.

The actual reason he bought btc direct from hedgefunder

I think his company is now actually pretty profitable(the car side atleast).

It just took about a decade of massive government subsidies to prop it up and keeping it from going bankrupt.

I don't blame him for playing the game, but like I said, he's got plenty to knitpick about.

Its all about the race for Mars.

Kind of a coincidence China US and UAE launched Mars missions at the exact time.

I could see Elon Musk trying to become the 1st human on Mars.

so he bought bitcoin because he wants silver??? why wouldn't he... buy silver????

Gotta love silvertards!

Don’t forget he made his fortune originally through payment technology. It’s what he knows best. He could have trying to finance his hardware ventures.

he knows Tesla will crash..

[link to markets.businessinsider.com (secure)]

"If Tesla stock plummets 90% this year, it would put a stop to cult-like support of certain companies without endangering the financial system, Michael Burry tweeted on Monday."

not good..
[imgur] [link to imgur.com (secure)]

No! In stead of reinvesting back into the company, see saw that investing in BTC would be more profitable for the company. He was right. The economy is going to an Asset Economy. People are intentionally being placed into this asset economy as opposed to a production economy.

There is a huge Asset bubble and they are preparing to blow the economy.

with adaption quickly happening. it could go double or more within a few months. whatever he is doing he is making history.

W.H.O does he work for ?
W.H.O owns him ?

No FCCKIN way this dude is who he say's he is, He's a complete IDIOT talking METH talk ,same goes for ALL of them FB Amaz Twitt Redd Goog Micro W.H.O really owns THEM and these Companies

Ummmmmmmmmmm ... that's not quite right ... if you do enough research, you'll eventually learn there are some very high level (Billionaire) tech entrepreneurs/executives that have war-gamed the numbers & technology and come to the conclusion that it's worth organizing a financial investment plan that essentially squeezes the supply in BitCoin ... they've done the math and realized the number of new Bitcoin being mined is only 900 per day, but the demand for new BitCoin is around around 4,000 per day, so they are buying up the remaining Bitcoin before the retail market soaks it up ... the price of Bitcoin is headed into the hundreds-of-thousands per coin for a multitude of reasons, and a shortage of Bitcoin is not far away

its a public company. people didn't give him billions of monkey to put it up against the wall in bitcoins

It is called a launch window, Breinstein.

The other question - diversification.

Because they've already made more profit on their crypto than all of the shitty cars they've ever sold?

Well, he just made $500 million in a month. If that is no reason.....

the company is sposter be making and selling cars and batteries. not buying up bitcoins. there's laws about what public companies are allowed to do with the monkey.

The CEO has a fiduciary duty to manage their cash/treasury in a manner that's best for shareholders ... holding Bitcoin instead of fiat/cash just made the company $700,000,000 in a matter of weeks

wow lucky the price always goes up and up!! since it will never crash there is no way things can possibli go wrong!

Holding treasury in cash/low yeild bonds hasn't exactly been a stellar strategy lately.

Non-synchronous living.

Last Edited by Bankroll on 02/20/2021 03:22 AM

Max Powers is AblePatriot and Perry rhodan and NDFarm and others.

See this discussion for an interesting chain of events where first Ablepatriot gets confused and responds as Max Powers, forgetting he’s logged in as AblePatriot, and then Perry Rhodan responds as Max Powers, forgetting he’s logged in as Perry.

Then he completely melts down when it’s called out.

It’s pretty open and shut. Hung himself twice with his own incompetence.

Thread: I have my own personal SHILL !!!! (Page 2)