A Reddit user claiming to be a Tesla insider appeared to announce the carmaker’s purchase of bitcoin a month ago, according to a January post on … In a Twitter exchange, Musk appeared to agree with a user who implied Tesla … Tesla Inc said on Wednesday that the fair market value of bitcoin the electric carmaker held as of March 31 was $2.48 billion, suggesting it … (Reuters) - A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker's purchase of bitcoin … Reddit gives you the best of the internet in one place. Elon Musk has said that Tesla, his electric car company, has not sold any of its Bitcoin holdings. The user, who told the Post his name was Hendrik, told Reuters that the information in the New York Post article was correct. ... Tesla suspends Bitcoin payments citing climate concerns, Musk says. Read: Bitcoin Scammer Turns Out To Be Nigerian Boy Struggling To Pay Fees, Gets $200 Reward. By Bhargav Acharya (Reuters) - A Reddit user claiming to be a Tesla (NASDAQ: TSLA) insider appeared to announce the carmaker's purchase of bitcoin … Tokens are shown right next to a user’s posts along with the username. The meme has become part of the lingo of Reddit's Wall … A Reddit user who claimed to have inside information about Tesla’s $1.5bn (£1bn) purchase of Bitcoin has claimed he is a prankster who was high … The market cap of BTC is now worth more than $1 trillion. A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker's purchase of bitcoin said on Tuesday that his assertions were not true. A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker's purchase of bitcoin said on Tuesday that his assertions were not true. Article content. (Reuters) - A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker's purchase of bitcoin … A post written on Jan. 2 by a Reddit user claiming to be an insider at the company said: The user, claiming he was “a software dev working at R&D at Tesla in California,” reportedly added that the Elon Musk-led company had bought 24,701 bitcoin at … The user, who told the Post his name was Hendrik, told Reuters that the information in the New York Post article was correct. The company itself on Monday announced it … UPROXX - Following reports that Elon Musk’s Tesla purchased $1.5 billion in Bitcoin on Monday, a Reddit post from early January started gaining attention thanks to its seemingly prescient prediction that Musk was going to make a big move on the cryptocurrency. Bitcoin, the world’s biggest digital currency, fell more than 7% after the tweet and was trading at $52,669. Tesla CEO Elon Musk has announced that the company has stopped taking Bitcoin as payment for its electronic cars. Reddit WallStreetBets user Albert Pariente-Cohen recommended BlackBerry shares in interview. A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker's purchase of bitcoin said on Tuesday that his assertions were not true. The Reddit “Leak” A person on Reddit under the username TSLAinsider posted on the platform on January 2 nd allegedly predicting the purchase. The tweet referenced a meme and indicates Tesla is holding on to its cache of bitcoin. The community will have a week to review it and propose any alternatives. The crypto market continues to bleed as Bitcoin price keeps dropping below $50k. Earlier this month, bitcoin was trading at around Rs. The New York Post added that with the timeline on the Reddit post, Tesla would have had to start buying bitcoin … Giant mass media outlets like Reuters and Bloomberg picked up on the story, but the user later admitted that it was a prank, and he was actually on LSD when he wrote it. Not while this Redditor has $187,000... cointelegraph.com - Cointelegraph By Benjamin Pirus • 17h. Tesla recently bought $1.5 billion in bitcoin , a move that sent the cryptocurrency's price soaring. Tesla Inc has suspended the use of bitcoin to purchase vehicles, Chief Executive Officer Elon Musk said in a tweet on Wednesday, citing concerns about the use of fossil fuel for bitcoin mining. Reddit raises $250 million A Reddit user claiming to be a Tesla software developer in California leaked details of Tesla's $1.5bn Bitcoin investment, weeks before it was disclosed by the company. The New York Post added that with the timeline on the Reddit post, Tesla would have had to start buying bitcoin … Looks like something right out of “Stargate." “We have suspended all bitcoin transactions. Of course, we don’t know exactly how much Bitcoin that Tesla actually does own — and that’s because the company hasn’t disclosed the exact date it purchased the crypto on. Bitcoin is a cryptocurrency, which is also known as a digital currency and is traded entirely on the web. By Bhargav Acharya (Reuters) – A Reddit user claiming to be a Tesla insider appeared to announce the carmaker’s purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. The law of supply and demand is one constant we can rely upon. The news is extra significant because Elon Musk of Tesla is now the third CEO to invest their treasury funds into Bitcoin, following Michael Saylor of Microstrategy and Jack Dorsey of Square A Reddit user claiming to be a 'Tesla insider' appeared to announce in a Jan. 2 social media post the carmaker's large purchase of bitcoin. Reddit User Who Leaked Tesla's Bitcoin Investment News Was Just High . Badoiu says the bot can execute trades within seconds of Musk … They'll be buying again, for sure. A Reddit poster who claimed to be in the know of Tesla Inc’s (NASDAQ:TSLA) investment in Bitcoin (BTC) has confirmed that the information he … (Adds context, expert comment) By Bhargav Acharya. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency," Musk wrote. But the Reddit user was not the only one to foresee such a move. There's been a lot of drama with Tesla and bitcoin and it peaked yesterday when Elon Musk agreed with Twitter user @CryptoWhale, who said … I checked Robinhood, finally went back to sleep, woke back up again, checked Robinhood, and then I got on Reddit.” The New York Post added that with the timeline on the Reddit post, Tesla would have had to start buying bitcoin … Tesla said it had invested an aggregate $1.5 billion in bitcoin under the changed policy and could "acquire and hold digital assets from time to time or … According to a securities filing, Tesla is sitting on roughly $2.5 billion worth of bitcoin, giving the automaker a significant gain on paper just a few months after investing.Tesla’s investment was worth $2.48 billion at the end of March. The user told the New York Post that he got this intuition last month that Tesla would buy bitcoin, so he created the troll post on Reddit. But it’s likely that Tesla’s purchases began in early January. Popular social media platform Reddit is in the news today after it announced a partnership with the Ethereum Foundation, with the development establishing Reddit’s first-ever blockchain partnership. The move was included in the business risks section of Tesla’s annual 10-K filing with the Securities and Exchange Commission. A Reddit user claiming to be a Tesla software engineer posted about the company's massive bitcoin investment last month but was laughed at and largely ignored. Musk said on Twitter that Tesla in essence was trying “to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.” Tesla only sold 10% of its Bitcoin to boost its end-of Q2 2021 profit numbers. The user, who told the Post his name was Hendrik, told Reuters that the information in the New York Post article was correct. Feb 9 (Reuters) – A Reddit user claiming to be a Tesla insider appeared to announce the carmaker’s purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. According to the Reddit user, he lost a little over $411,000 on the option. Reddit User Who Leaked Tesla's Bitcoin Investment News Was Just High - Benzinga, by Reddit User Who Leaked Tesla's Bitcoin Investment News Was Just High Benzinga China Was Questioning Tesla About Quality Problems. The New York Post added that with the timeline on the Reddit post, Tesla would have had to start buying bitcoin … By Bhargav Acharya (Reuters) – A Reddit user claiming to be a Tesla insider appeared to announce the carmaker’s purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. The auto giant Tesla has gone a step further than simply buying bitcoin (BTC) and accepting BTC pay – and is now contributing fixes to open-source software built on the Bitcoin network.. They are hanging out with Trin and the other reddit plebs telling each other its all fine ... Elon Musk implies Tesla already SODL its bitcoin - hahahahahah. In a Reddit post on r/Bitcoin, user Limping-Zebra shows how they managed to create a Bitcoin mining rig consisting of 36 ASICs (a specialized chip that in this case can only be used to mine Bitcoin) that are all immersed in a tank of oil. The post was shared on bitcoin … Reddit User Says He Was High on Acid When Writing It Tesla’s record-breaking bitcoin purchase stunned the markets earlier this week, causing the price of bitcoin … Upon clarifying all changes, Reddit … Tesla after announcing that it bought $1.5 billion worth of Bitcoin, the number one crypto price surged like a rocket. Bitcoin dropped as much as 15% on Wednesday following the Tesla announcement, hitting a low point just above $46,000 per coin. But if the Reddit post is true, an allegedly innocent Bitcoin user has mixed his Bitcoins with those of a serious criminal, and has thereby been implicated. 2. I checked Robinhood, finally went back to sleep, woke back up again, checked Robinhood, and then I got on Reddit.” Tesla's CEO Elon Musk spontaneously interviewed Robinhood CEO Vlad Tenev for 14 minutes late Sunday evening, injecting himself into the fray of the retail investing frenzy that’s sent markets into a tailspin, and put the trading app on the defensive.The billionaire jumped on the invite-only voice chat app Clubhouse to answer questions ranging from colonizing Mars to Bitcoin late Sunday … Tesla (TSLA) announcing that it had invested $1.5bn in the cryptocurrency was an obvious boost to the BTC-USD price. Here is the story, courtesy of Reddit: Bitcoin helps Tesla post record profits . A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker's purchase of bitcoin said on Tuesday that his assertions were not true. Bitcoin 101. I know people who have made money... recently too. Tesla said it started purchasing bitcoin in January. We are concerned about the rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. Despite Dogecoin underperforming other leading crypto assets this week, DOGE’s group has been among the most involved on Reddit. Tesla's CEO Elon Musk spontaneously interviewed Robinhood CEO Vlad Tenev for 14 minutes late Sunday evening, injecting himself into the fray of the retail investing frenzy that’s sent markets into a tailspin, and put the trading app on the defensive.The billionaire jumped on the invite-only voice chat app Clubhouse to answer questions ranging from colonizing Mars to Bitcoin late Sunday … This simple implication caused the cryptocurrency to drop below $43,000 in price. While Tesla’s $1.5 billion bitcoin purchase shook the world, a Reddit user also caused disturbance as it seemed that he predicted the move a month before it was announced. On the r/Bitcoin subreddit yesterday, Reddit user u/Substantial-Ad-5012 posted a thread titled: “Bitcoin will never go to zero in my lifetime.” Tesla said it started purchasing bitcoin in January. Article content. BEIJING (BLOOMBERG) - Elon Musk called Tesla's US$1.5 billion (S$2 billion) bitcoin bet an "adventurous enough" investment for the company, … Tesla has begun accepting bitcoin for new car purchases, allowing buyers of its electric vehicles to use the cryptocurrency as an alternative to the usual cash, lease, and finance options. So his call was a bit early. Bitcoin (CRYPTO-BTC), was trading as high as USD 57,000 yesterday before plummeting 14% to as low as almost USD 46,000. A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker's purchase of bitcoin said on Tuesday that his assertions were not true. Tesla said it started purchasing bitcoin in January. ... "Let's get Elon to shill for us," one Reddit user wrote. Cryptocurrency enthusiasts on the site think Robinhood — the investing app at the center of last month’s … Earlier this year, the company announced that it had purchased $1.5 billion worth of bitcoin and planned to accept it as payment for vehicles. A Reddit user claiming to be a Tesla software engineer posted about the company's massive bitcoin investment last month but was laughed at and largely ignored. Reddit may have unmasked the top doge. When a user creates their own Reddit “Vault” they will get access to a private key stored locally on the smart device. Using data from CoinMarketCap, this graphic looks at bitcoin’s historical price corrections from all-time highs. 101 Guides. Read: Reddit User Claiming To Be Tesla Employee Reveals He Lied In Bitcoin Investment Post Due to this investment, the value of Bitcoin surged and was above $60,949 (US$47,000) as on 9th February 2021 at 11:45. The auto giant Tesla has gone a step further than simply buying bitcoin (BTC) and accepting BTC pay – and is now contributing fixes to open-source software built on the Bitcoin network.. Bitcoin, the world's most famous cryptocurrency, didn't need any help from Tesla or CEO Elon Musk. A user claiming to be a software developer at Tesla posted that the company had bought bitcoin on Reddit … The crypto space can rest easy on Bitcoin’s survival — a lone Reddit user … Bitcoin to zero? Recall Feb. 16, BlackBerry slumps on bearish downgrade at … Tesla’s 10-K, which says that Tesla updated its investment policy to allow Bitcoin buying in January, and “thereafter” started buying. A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on … A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on … A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin. The reason for the fall is not market forces but its promoter Elon Musk. Bitcoin privacy experts are far from impressed with a recently circling slideshow-style privacy report that puts Taproot, a likely upcoming upgrade to Bitcoin, in the crosshairs. The price of Bitcoin is currently in a downwards trend, and all of the price gains the cryptocurrency made after Tesla announced it accepts the coin as a form of payment. Tesla CEO Elon Musk implied in a Twitter exchange Sunday afternoon that the electric vehicle maker sold or may sell the rest of its bitcoin holdings, sending the … "It's up to us to decide what DOGE is worth," said another user. A Reddit poster who claimed to be in the know of Tesla Inc’s (NASDAQ: TSLA) investment in Bitcoin (BTC) has confirmed that the information he … r/dogecoin has been the third-most popular crypto community on Reddit this week, … Although Bitcoin (BTC) could potentially crash by the tens of thousands of dollars needed to get it to zero, one Reddit user has pledged to buy up the blood.
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