I’m taking private Bitcoin (BTC) to $ 420,000: CEO of BitMEX



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Yuri Molchan

BitMEX CEO Arthur Hayes is talking about “taking private Bitcoin to $ 420,000,” taunting one of Elon Musk’s tweets in 2018, after which the SEC sued the CEO of Tesla

After Elon Musk’s recent tweet that cut Tesla shares by ten percent, and the Bitcoin community started talking about Bitcoin’s price being too low, BitMEX exchange CEO Arthur Hayes took to Twitter to contribute to the unofficial flash mob started by Tesla’s CEO (intentionally or unintentionally).

Hayes has recalled Elon Musk’s tweet from mid-2018. After that tweet, the United States SEC sued Musk for posting “misleading tweets.”

“I am taking private #bitcoin at $ 420,000”

Tesla CEO Elon Musk appears to have become a new figure feeding the Bitcoin community after the Bitcoin price discussion it caused on Friday May 1. Also, their tweet about Tesla’s stock price made them lose about ten percent of the price right away.

Arthur Hayes has taken to his social media account to tweet that he was taking private Bitcoin at $ 420,000. This is a slightly modified version of the tweet posted by Elon Musk. And it was posted in response to a tweet from the “CryptoChimp” user who had also tricked Musk.

Arthur Hayes’ earlier predictions went no further $ 20,000 for BTC in 2020.

20 $ 20,000 by the end of 2021 ’or … another COVID pandemic?

Cryptocurrency trader @MacnBTC has tweeted that it expects Bitcoin to hit $ 20,000 by the end of next year. Otherwise, he says, he would eat a bat, supposedly that’s how the current global pandemic of COVID-19 started in the Chinese city of Wuhan. Someone cooked a bat soup at the local street market.

Interestingly, it was John McAfee who promised to eat something unless Bitcoin performed according to his prediction. But instead of a bat, he promised to publicly eat his private parts. At the beginning of the year, he announced that this bet was false, however.

“Long term long term in $ BTC”

Amsterdam-based analyst Michael van de Poppe has shared his thoughts on the longing for safe-haven assets that include Bitcoin and precious metals – gold, silver and platinum. Reminds his followers that the Fed printing press was back on after a short break from tweeting:

“Printing an infinite amount of money will not end well. It never ended well. Therefore, long-term, long-term in $ BTC and commodities (gold / silver / platinum).”

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