Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum. (Bloomberg) -- Billionaire Elon Musk said the price of Bitcoin and Ethereum “seem high” as the cryptocurrencies reached new records. Billionaire CEO Elon Musk said on Saturday the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 trillion market-capitalization threshold. Elon Musk, the CEO of the electric car company, Tesla, has a couple of hours ago showcased the attribute of a true Bitcoiner after giving the popular gold maximalist Peter Schiff a well-deserved answer in a conversation initiated by the latter on Twitter. Bitcoin Prices Plummeted Days After Elon Musk Tweeted They 'Seem Too High' Image credits: Reuters/Twitter. Elon Musk admitted that bitcoin and ethereum "seem high" in Twitter exchange with Peter Schiff. Elon Musk says Bitcoin seems high after crypto touches $1tn market cap | The National Elon Bot February 21, 2021 Elon Musk, the billionaire founder of Tesla Motors, said the price of Bitcoin and Ethereum “seem high” after the cryptocurrencies surged to record … It all started on 19 February apparently, just before Satoshi Nakamoto’s invention noted an all-time-high of some $58,000. Musk made the bitcoin and ethereum price warning during a discussion on Twitter about the nature of money. Tesla CEO Elon Musk gave impetus to Bitcoin joining the mainstream when Tesla said it invested $1.5 billion and was prepared to begin accepting the cryptocurrency as a form of payment for its cars. Read more about Elon Musk says bitcoin prices 'seem high' after record-breaking week on Business Standard. At that moment, known Bitcoin critic Peter Schiff noted: According to Elon Musk “Bitcoin is almost as BS as fiat money.” So Musk regards both Bitcoin and fiat as BS. "Money is just data that allows us to avoid the inconvenience of barter," Mr Musk … Bitcoin went from trading at a low of $32,300 to hit a high of $38,360 within two hours. The world's richest person was replying to Peter Schiff - a crypto sceptic and gold bug - who said the precious metal is better than Bitcoin and fiat money. The bitcoin price jumped to an all-time high of above $48,000 on Tuesday morning as investors rushed into the asset after Elon Musk 's Tesla said … Bitcoin Touches Record High as Elon Musk’s Tesla Invests US$1.5 Billion. Tesla CEO Elon Musk appears to suggest that the current bitcoin price is too high, after a significant rally in 2021. Tesla CEO replied to a tweet by Peter Schiff, a cryptocurrency skeptic and noted gold bug, who said the precious metal is better than Bitcoin and fiat money. TESLA has bought $1.5 billion worth of bitcoin despite CEO Elon Musk recently describing the digital currency as "BS." Elon Musk, the billionaire founder of Tesla Motors, said the price of Bitcoin and Ethereum "seem high" after the cryptocurrencies surged to record levels on Saturday. However, later on he removed BTC from his Twitter bio line and began again shilling his favorite Dogecoin. Crypto believers are dueling with skeptics: the former see an asset being embraced for its ability to hedge risks, while the latter sense a precarious mania riding atop waves of fiscal stimulus File photo of Elon Musk (REUTERS) Tesla CEO Elon Musk says Bitcoin prices ‘seem high’ after record week 3 min read. Bitcoin (BTC/USD) tops $57,000, Elon Musk says price seems high Cryptos | 2/20/2021 7:44:06 PM GMT Bitcoin has been extending its upwards move over the weekend. Home » Investing » Bitcoin Touches Record High as Elon Musk’s Tesla Invests US$1.5 Billion. Elon Musk's car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. This is the OG Elon Musk Tweet That Got Bitcoin to Surge to All-time High File image of Elon Musk. The precise cause of the early Saturday morning bitcoin price surge was not immediately clear, however, a cryptic tweet from Tesla billionaire and bitcoin buyer Elon Musk …