Tesla Buys $1.5B Bitcoin, Apple Crypto Exchange Rumors Circulating & the Best Profit-Taking Strategy

We decided to meet for an emergency LeoFinance podcast this morning to talk about all of the things happening in crypto right now. Tesla just filed with the SEC announcing two key pieces of news: they've purchased $1.5 billion worth of Bitcoin for their balance sheet AND they will soon accept BTC as a form of payment.

These two pieces of news have shot the price of Bitcoin from $38k to $46k today, reaching a new all-time high.

In this podcast episode, we talk about the news in real-time, how it impacts us and where we see things headed. We also talked about a strategy we might deploy if BTC reaches a certain price target where we may look to take profits without completely selling our Bitcoin.

With the emergence of DeFi, we now have far more options when it comes to deploying capital, taking profits and leveraging our crypto to participate in the new wave of financial products.

Throughout 2020, we all talked about how 2021 would be the year for Bitcoin. Where the halving would show a massive impact and we would see radically higher interest in Bitcoin from major institutions.

Reality has not disappointed our expectations. First, we got Microstrategy and Michael Saylor. Now we have graduated to Tesla and Elon Musk: two of the most high profile "names" in the entire world right now (Tesla being one of the world's most important companies of the future and Elon Musk being the richest person in the entire world).

Enjoy the podcast and also enjoy the shiny new ATH of $46k per BTC!

Wen $50k?


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28 comments
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Musk is just a dog-boy...

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Anti-semitic claptrap is not welcome here.

We all agree that Central Banks and their profligate money printing is a big problem but making the false and frankly ridiculous suggestions that they are all owned by a family whose worth is a tiny fraction of the Musk, Bezos, Gates, Slim and other multi-billionnare families makes your look like an idiot.

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Your attack on Free Speech, is what is putrid, as is your instant defense of the Rothschild Crime Mafia.

"Anti-Semetic claptrap" - is the attack. You are the attacker, and this tired sick Label, is so old that when you use it, you make an announcement about yourself, your alignment, and your IQ.

Attacking people for their opinions, and your lack of facts, makes YOU look like an idiot. What? Don't like being called that? Look in the mirror and say it, because anyone who resorts to that label, doesn't have an argument. Your 'tiny fraction' TROPE isn't going to cut it. The Rothschilds can buy Musk, Bezos,Gates,Slim, and 'other multi-billionare families', and have already. Notice the word 'visible' in the meme too.

Maybe you should stop attacking others so that you don't look like your mission is to protect Rothschilds, and go straight for 'Anti-Semite' when no-one said a single thing about Jews or Semites. Oops.

You sir, LITERALLY make the case for this meme:

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Downvoted for anti-semitism.

Downvotes are not censorship and nor is my statement that anti-semitic claptrap is not welcome here on LeoFinance, nor on general Hive forums.

If you want to create a community of anti-semites on Hive you are free to do so. You can even create your own token.
However you, your anti-semite community and your anti-semite token will be shunned and worthless and downvoted in general Hive circles.

But your content will still be on the blockchain thus you will have had your free speech.

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You are a Liar.
You are a Logically Fallacious, nonsensical, Liar.

Your ridiculous Accusation and Labelling, will not go un-noticed. Your nonsensical Tripe about communities, tokens, and censorship, are notoriously illogical.

You are Guilty of Censorship, Intellectual Bullying, and Inhuman Filth.

Do you speak for the entire 'LeoFinance' and 'Hive' communities with your Communistic style of bullying?

We shall see!

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It's technically not censorship but you are nevertheless in the right.

How peculiar is it that to bring to question certain alleged irregularities of a particular group's overrepresentation within the governments, the media, Hollywood and banking cartels is to be treated as though we were calling for genocide.

I dare say this is the product of years of conditioning but that rabbit hole goes deep.

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It's technically not censorship but you are nevertheless in the right.

Technically, it's also the perfect get out clause.

Actually, it is censorship, and here is the reason why.

When people or groups that have more 'influence and power' (in whatever form that comes in - and there are many different forms of 'influence and power'), they are rendering your opinion or speech as inferior, unworthy or dangerous, so it must either be hidden, downgraded, or completely stopped with group think or bullying tactics and threats. Punishing those people by removing their rewards is also the most effective way to try and silence them long term....hence it acts a way to censor or get the author to self-censor.

Don't fall for the philosophical argument that because it still exists on the chain, then it's not censorship. That is purely a public relations exercise and stunt by the aforementioned influential and powerful to justify their actions.

If a post on this platform was on the trending page, then what is the best way to hide it from getting hundreds or thousands of views? To censor it? Of course! Obviously by downvoting it into oblivion. Now that post will not be either seen by anywhere near as many people (same applies to comments), and the gutless censors also achieve their main goal. Their goal was to silence or intimidate you, or anyone else they dislike or take issue with, because of the contents of your post, comment in general, or just to remove your opinion from general view.

This philosophical argument of censorship 'resistant' is only there to to give these people free reign to silence anyone when it either suits or pleases them, with a 'get out' clause that sounds fancy.

Some of the most influential and powerful people on this blockchain, are no better then those they accuse in the mainstream space. The only difference is, that they are in control here. that's what it's all about in the end, and you must be punished by having your rewards removed, for daring to oppose the views of the more influential and more powerful.

And this, is where and how the ass kissing and circle-jerking begins. Say what I like or want you to say in my group think community, or you will never be rewarded or allowed to have you speech heard and read by others.

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We get as much tyranny as we tolerate.
It's time for the stincy gates to open, iyam.
Don't forget who 'hired' these people.

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I understand, and agree with your sentiment in general. I guess my own comment even reflects the result of me giving in to that as well. One could easily conclude that, and I do feel a bit unfulfilled for having stopped - but it's not so straightforward, as it would be under normal circumstances.

I do still feel like I have some unfinished business, and that continuously nags at me a little to the point where I feel like I should return at whatever pace and capacity I deem necessary.

I am certainly thinking about it...

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Please do come back, I am putting out a call to any that want to coordinate the freeing of this blockchain from certain inept actors.

Short form content is now acceptable, and if we can get the poor tax off voting, it might even earn decent rewards.

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Do you speak for the entire 'LeoFinance' and 'Hive' communities...?

He does not speak for me!


Neither meme is anti-semitic IMO. Claiming that it is does not make it so. Rather than simply throwing a sensationalist label around, perhaps @apshamilton could give some reasons for why he considers the two memes (or even just the first one) to be anti-semitic. It is by no means self-evident, even though the second does contain the words 'anti-semitic'.

Also, I would be interested to know if the other accounts downvoting were doing so because they, likewise, consider the memes to be anti-semitic...? Two of these accounts - @leo.voter and @khaleelkazi are run by Khal, the most respected and well-known person on LeoFinance and someone whose dealings (eg settling WLEO version 1 hack) have always seemed fair-minded and even-handed.

I say that the label has been misapplied and the downvotes for this false accusation are unjustified. Moreover, @apshamilton's out-and-out attack on @oldoneeye - where he suggests he go and create a 'community of anti-semites', is both baseless and unwarrented.

I consider this an important moment. I have seen many examples where language has been weaponised; where strong words and heavily loaded concepts are flung around without anything to back them up; where contrived axioms are used to build a fake reality; where witches are hunted and damned whether they sink or not. These are tactics used widely to silence alternative, critical and dissenting voices (which one may or may not agree with - eg the danger of vaccines or the notion of an ultra-super-wealthy person sitting above the banks as per the first meme). The dynamics are similar in this little drama being played out here in response to @lols original meme (and kewl pun on Musk - 'dog(e) boy'? :).

I would like to call this out as I see it.

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Very well said.
I have started a post about it shortly after this occurred and it appears that the community feels as you and I do, thankfully. Although the Leo community seems to be in support of this abhorrent "cancel culture" type censorship.

Here is the continuation and thank you for your support!

https://peakd.com/@oldoneeye/anti-semite-when-the-argument-is-lost-and-you-have-no-logic

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I immediatly pulled my 50k delegation to Leo.voter when I saw this

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Musk is a puppet, tasked with a giant distraction. Figurehead to guide the sheep off a cliff.

Keep pumping that doggie, boy. You're doing your masters proud as you siphon the funds of all those 'crypto noobs' into the void of the FIAT coin, Doge....

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(Edited)

Its pointless trying to predict a price although if there was any person to listen too in that sense it would be Max Keiser. Its easier to spot a top based on market activity. Also as we have seen in the past it will be around a round number value like 100k. Personally i see that being the top this time although if its going up like it is at the moment it wont be the top making all the people who sell at 100k pile back in once it blows past 120k in the same day. This run can easily send bitcoin to 1 million. Like others have said this time it is not retail driven so it wont crash the same even though it certainly will at some point. Either 100k and crash or we just steadily rise to 220k by the end of 2021. Id be more inclined to suggest 220k as per Max Keisers suggestion but it may go to 450k or higher first. 1.4 million to 220k would also make sense. My advice would be dont sell until you have a serious amount of capital which you can re deploy at a later stage. That way no matter what you will win in the end,

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I wish I was on the inside on that one and knew Elon was going to buy 1.5Billion I would have invested everything! lol

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Really toking us by surprised. We are yet to spend the first 50 days of 2021, ye, some massive moves are happening around the crypto space. There's more to come beyond our knowledge.

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Tesla Bitcoin buy is hot news today and BTC touched the 48k USD price mark. even on the coinmarketcap website, Tesla is on top to make it interesting.

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If we keep following past patterns, $60k is an interesting number to look at before the next significant correction...

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In the past, no one would have thought Bitcoin would fly this far, although it is probably still far from the maximum. And if you told people, they wouldn't believe it. Now we have a changed situation. And Bitcoin is becoming more interesting to watch, well, let's see what is coming next....

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Nobody noticed anything beyond Tesla and BTC in the podcast? Listen up folks :P Managed to listen to the podcast today and thanks for the mention. Glad that people manage to read through comments and recognize. Appreciate that.

Just so I am clear - Everything discussed in the podcast is valuable for me :) Even the real-estate bit as I am planning to buy a house this year. Remember my financial goal I posted on leofinance earlier in January? 1 BTC, 1 House 10K leo and 5K Hive. I hope I can have one of them fulfilled this year.

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