His comments came after Bitcoin`s total market value passed $1 trillion for the first time on Friday, according to data from CoinDesk. Musk was asked a question by a user on Twitter Inc’s (NASDAQ:TWTR) platform on freeing Ulbricht. His comments came after Bitcoin’s total market value passed $1 trillion for the first time on Friday, according to data from CoinDesk. 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 Money is just data that allows us to avoid the inconvenience of barter, says Elon Musk. (Bloomberg) -- Billionaire Elon Musk said the price of Bitcoin and Ethereum “seem high” as the cryptocurrencies reached new records. The comment comes after Tesla invested nearly $2 billion in the cryptocurrency. Ads The price of bitcoin , the world’s most popular cryptocurrency, crossed a major milestone Friday after the market value reached more than $1 trillion, leaving some major backers surprised. Elon Musk says bitcoin seems high after surpassing $1 trillion market value. Read more about Elon Musk says bitcoin prices 'seem high' after record-breaking week on Business Standard. 0. Tesla CEO Elon Musk tweeted Friday that Tesla’s stock price is "too high imo," and the stock fell immediately after. San Francisco: Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. In a tweet on … Earlier, Elon Musk had called Bitcoin a “less dumb” version of cash. The price of bitcoin, the world’s most popular cryptocurrency, crossed a major milestone Friday after the market value reached more than $1 … Elon Musk admits that bitcoin and ethereum 'seem high' in exchange with 'gold bug' Peter Schiff – Business Insider Bitcoin, ether hit fresh highs Ether Sets New All-Time High Over $2,000 as Bull Run Continues – CoinDesk – Coindesk 1.9k. Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. (REUTERS) business Bitcoin, ethereum prices 'seem high,' says Tesla CEO Elon Musk Tesla CEO Elon Musk has tweeted that the record prices of the two main cryptocurrencies bitcoin and ethereum "do seem high" with bitcoin increasing 20 per cent in value in seven days He was replying 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. Following Elon Musk's previous tweet, Bitcoin witnessed another surge, as the prices peaked to $56,581.57 in Singapore, in the early hours of February 20. VIEWS. That said, BTC & ETH do seem high lol — Elon Musk (@elonmusk) February 20, 2021. San Francisco, Feb 21 : Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. “Money is just data that allows us to avoid the inconvenience of barter,” Musk tweeted. Elon Musk Sets Up Doge Mining Rigs With His Kids Elon Musk says SpaceX, Tesla searching for approaches to help Texas community in the midst of … Elon Musk Says Bitcoin and Ethereum Prices ‘Seem High’ Elon Musk (Tesla CEO) : BITCOIN Goes Parabolic, Hits $55K & $1 Trillion Market Cap $65K Next Target? Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now "seem high". Telsa billionaire Elon Musk, whose tweets about the meme-based cryptocurrency dogecoin helped push it to a $10 billion valuation, has told the price of bitcoin and ethereum seem high. We apologize, but this video has failed to load. 152. Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. SHARES. Bitcoin prices lose ground as Elon Musk suggests prices seem high. 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. Elon Musk isn’t one to shy away from speaking his mind on Twitter. Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. Bitcoin Prices Plummeted Days After Elon Musk Tweeted They 'Seem Too High' Image credits: Reuters/Twitter. March 24, 2021. in Cryptocurrency. Elon Musk admits that bitcoin and Ethereum 'seem high' in exchange with 'gold bug' Peter Schiff Elon Musk admitted that bitcoin and Ethereum "seem high" in Twitter exchange with Peter Schiff. 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. Bitcoin, which has surged more than 55 per cent since the start of February, increased almost 3.5 per cent to a record high … His comments came after Bitcoin`s total market value passed $1 trillion for the first time on … Elon Bot February 21, 2021. The price of bitcoin, the world’s […] Elon Musk, an ardent proponent of digital currencies, has defended Tesla's recent purchase of $1.5 billion of bitcoin. In a tweet, Elon Musk said Bitcoin prices “seem high.” The world’s richest person was replying to Peter Schiff — a crypto skeptic and gold bug — who said the precious metal is better than Bitcoin and fiat money. 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: Bitcoin Is Going “To the Moon” The South African entrepreneur behind such billion-dollar companies as Tesla and SpaceX seems to … by Oleisa French. His comments came after Bitcoin’s total market value passed $1 trillion for the first time on Friday, according to data from CoinDesk. Tesla CEO Elon Musk said Saturday that bitcoin prices “seem high” after the cryptocurrency surged to another record high this week. Replying to gold investor and bitcoin skeptic Peter Schiff, Musk said: "Money is just … Tesla CEO Elon Musk said Saturday that bitcoin prices “seem high” after the cryptocurrency surged to another record high this week. Share on Facebook Share on Twitter. The Tesla CEO retorted Schiff's claim that Gold was a better asset allocation than crypto. His comments came after Bitcoin’s total market value passed $1 trillion for the first time on … Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla CEO Elon Musk said Saturday that bitcoin prices “seem high” after the cryptocurrency surged to another record high this week. In a tweet following that, he added, “that said, BTC & ETH do seem high lol.” An email saying you have gold is … It Sure Seems Like Elon Musk Exists In The World Of ‘Overwatch’ Elon Musk, whose recent tweets have fueled the digital-currency rally, made the remark on Twitter while replying to a user who said that gold was better than both bitcoin and conventional cash. Tesla CEO Elon Musk appears to suggest that the current bitcoin price is too high, after a significant rally in 2021. Elon Musk says Bitcoin seems high after crypto touches $1tn market cap | The National. Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now "seem high".