Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[AudraMiller]

Recently one of the major stories that has made headlines in the cryptocurrency world is the purchase ob Bitcoin from Tesla in the amount of 1,5 billion dollars. This has caused the price of Bitcoin to soar to new heights even beyond what we saw towards the end of last year and the start of this year. However, there is fear that these investments can affect the stock market. After the announcement the stock price of Tesla increased by 2%, before later falling by 5%. Other companies that have invested in Bitcoin have seen a similar occurrence in their stock prices after investing in Bitcoin. What do you think can be the cause behind this?

 

[sagefave]

If the value of Tesla's stock appreciated by two percent only to later depreciate by five percent, then that's a rather dissappointing result. I would have thougut an increase in value would be sustained for a longer term.

 

[Wisdom01]

Well maybe a lot of investors in telsa, were thinking buying bitcoin would actually affect the telsa funds , thats why it fell for some time , but i think it surely going to rise back again

 

[AudraMiller]

Well maybe a lot of investors in telsa, were thinking buying bitcoin would actually affect the telsa funds , thats why it fell for some time , but i think it surely going to rise back again

I believe that it will likely rise again in time, however the fact that other companies have experienced this drop as well is a definite cause for concern with how the crypto market is starting to negatively affect the stock market as well.

 

[Yugocean]

Companies may start accepting cryptocurrency as a method of investing in their stock. Many forex platforms accept crypto trading, next they will accept crypto as price of stocks. Tesla already into BTC/Doge.

 

[Wisdom01]

I believe that it will likely rise again in time, however the fact that other companies have experienced this drop as well is a definite cause for concern with how the crypto market is starting to negatively affect the stock market as well.

Yeah the crypto market can infulence the stock market either positively or negatively because some people who trades crypto currency are actually stock traders too

 

[Brain]

The effect will always come in both ways both postively and negatively but we always hope it only bring positive effects because that's the only option that we look out for

 

[Wisdom01]

There are several factors that contribute to the price fluctuation in the crypto currency market which I believe Tesla was well aware of and must have forecasted that it might rise and fall but the long run would be profitable.

Yeah they actually know that when they invest in bitcoin the process would really rise to a very high note i think , so they already know that bitcoin price would continue to increase

 

[Brain]

There are several factors that contribute to the price fluctuation in the crypto currency market which I believe Tesla was well aware of and must have forecasted that it might rise and fall but the long run would be profitable.

Definitely, Tesla isn't a blind company, I'm sure they have financial experts as well that gives them the needed advice to do well in the market. So they are aware of the outcome before taking any decision

 

[Josemendez]

Recently one of the major stories that has made headlines in the cryptocurrency world is the purchase ob Bitcoin from Tesla in the amount of 1,5 billion dollars. This has caused the price of Bitcoin to soar to new heights even beyond what we saw towards the end of last year and the start of this year. However, there is fear that these investments can affect the stock market. After the announcement the stock price of Tesla increased by 2%, before later falling by 5%. Other companies that have invested in Bitcoin have seen a similar occurrence in their stock prices after investing in Bitcoin. What do you think can be the cause behind this?

Well , one could attribute it to Bitcoin fluctuations or perhaps the effect of crypto currency on the stock market . Whatever be the cost , the cryptocurrency

 

[AudraMiller]

Definitely, Tesla isn't a blind company, I'm sure they have financial experts as well that gives them the needed advice to do well in the market. So they are aware of the outcome before taking any decision

I agree with you. A company that is as established as Tesla is likely to have a lot of financial advisors and those that are constantly looking at the market and its changes in order to make investments. Companies like this have in depth researchers to ensure that an investment will work in the best interest of the company.

 

[Brain]

I agree with you. A company that is as established as Tesla is likely to have a lot of financial advisors and those that are constantly looking at the market and its changes in order to make investments. Companies like this have in depth researchers to ensure that an investment will work in the best interest of the company.

You understood me perfectly well, companies don't follow trends blindly any longer. There' must have been a research to this before them investing. So they know what they are up against

 

[Rollerkid]

If many companies face the issue of their stock being depreciating just because they invested in bitcoin, it might give companies worries about investing in crypto. But I don't believe that is the case, I believe other factors were the cost of their stock depreciating.

 

[Yewande]

Recently one of the major stories that has made headlines in the cryptocurrency world is the purchase ob Bitcoin from Tesla in the amount of 1,5 billion dollars. This has caused the price of Bitcoin to soar to new heights even beyond what we saw towards the end of last year and the start of this year. However, there is fear that these investments can affect the stock market. After the announcement the stock price of Tesla increased by 2%, before later falling by 5%. Other companies that have invested in Bitcoin have seen a similar occurrence in their stock prices after investing in Bitcoin. What do you think can be the cause behind this?

I believe Tesla (Elon Musk) investing in bitcoin will encourage or motivate other top tiers to start investing in crypto currency. I am generally in support of this move by Tesla boss.

 

[Josemendez]

If many companies face the issue of their stock being depreciating just because they invested in bitcoin, it might give companies worries about investing in crypto. But I don't believe that is the case, I believe other factors were the cost of their stock depreciating.

True but then I think bitcoin can have effect in the price of shares , an evidence is the fall up to 50% of microstrategy shares since they invested in bitcoin.

 

[Josemendez]

Yeah it may have an effect, but it is just for a While, the stock market has been running for a while and nothing can disrupt it, let's just give it time.

So far since last year up till now , Microstrategy has not been able to get back to their former value ,though they have made much profit

 

[Rollerkid]

True but then I think bitcoin can have effect in the price of shares , an evidence is the fall up to 50% of microstrategy shares since they invested in bitcoin.

I'm not much into stocks so I never knew the shares of MicroStrategy is down by such percentage. I'm sure many observing organizations will be skeptical about this and this might be one reason they still avoid bitcoin for now.

 

[Nadeem Khalid]

Recently one of the major stories that has made headlines in the cryptocurrency world is the purchase ob Bitcoin from Tesla in the amount of 1,5 billion dollars. This has caused the price of Bitcoin to soar to new heights even beyond what we saw towards the end of last year and the start of this year. However, there is fear that these investments can affect the stock market. After the announcement the stock price of Tesla increased by 2%, before later falling by 5%. Other companies that have invested in Bitcoin have seen a similar occurrence in their stock prices after investing in Bitcoin. What do you think can be the cause behind this?

i think it is not very good news, this increasing tesla price by 2% after falling 5% the result may be disappointing.

 

[Ewogboka]

Companies may start accepting cryptocurrency as a method of investing in their stock. Many forex platforms accept crypto trading, next they will accept crypto as price of stocks. Tesla already into BTC/Doge.

The moment this development come to existence then obviously Crypto currency will be cut across board and the stock market will start to trade Crypto currency.

 

[Josemendez]

I'm not much into stocks so I never knew the shares of MicroStrategy is down by such percentage. I'm sure many observing organizations will be skeptical about this and this might be one reason they still avoid bitcoin for now.

Sure . When bitcoin was first bought by Tesla many financial analyst and Economics kicked against it .I wonder what Elon will do next .