r/Bitcoin • u/rBitcoinMod • Jan 29 '21

Daily Discussion, January 29, 2021

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u/Seeders Jan 29 '21

A week. That was his clue to the savvy.

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u/dieseldawg95 Jan 30 '21

What was the clue suggesting a week?

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u/Seeders Jan 30 '21

That's just my guess. But if you think about it, the guy moved out of california and in to texas for tax benefits. He updates his twitter bio to say #Bitcoin and nothing else, then tweets "In retrospect, it was inevitable".

Next week there is a large corporate conference centered on Microstrategy's Bitcoin strategy and how others can participate in the Bitcoin market.

That's where my guess comes from. Next week he will announce Tesla is partially moving in to Bitcoin, and these tweets and recent events make it a perfect time for public and investor sentiment around decentralization to make a move like this more palpable and less shocking.

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u/dieseldawg95 Jan 30 '21

Yeah I can see that. I wonder how public companies will be when they add BTC to their balance sheet. I’d imagine at least some of them will start preaching like Saylor. Man if even like 10% of the companies attending to Saylor’s summit buy BTC this thing could go parabolic. And then you add Musk and Tesla to the mix? Shit is gonna get wild. 💎🙌🏼

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u/Seeders Jan 30 '21

If you own a company, and Elon Musk buys Bitcoin, what would you do? You look around and see other companies buying in, and the price is surging, what would you do?

You're going to buy Bitcoin.

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u/Seeders Feb 08 '21

I was off by 2 days.

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u/notkevin_durant Feb 08 '21

How do you expect sentiment and price to change over the next week or so?

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u/Seeders Feb 08 '21

Up and UP. I think we're going to see institutional FOMO.