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Bobby Lee, Bitcoin Foundation: ‘You Can Buy Tesla CyberTruck For Cheap By Investing Just $10,000 Now’

News
Tue, 06/02/2020 - 12:09
Vladislav Sopov
Bitcoin legend Bobby Lee announced that he decided to buy a Tesla CyberTruck in 2021. Here’s what terms he offered Elon Musk and why you might want to retweet his post
Bobby Lee, Bitcoin Foundation: ‘You Can Buy Tesla CyberTruck For Cheap By Investing Just $10,000 Now’
Cover image via twitter.com
Contents

Bobby Lee, the former CEO of the first Chinese Bitcoin (BTC) exchange BTCC and the original member of the Bitcoin Foundation has announced that he will celebrate purchasing a Tesla Cybertruck in 2021 with an amazing airdrop.

One Bitcoin (BTC) for Tesla CyberTruck

Fascinated by the splendid run Bitcoin (BTC) started last night, Mr. Lee tagged Elon Musk to inform the Tesla CEO that he is considering buying the flagship Cybertruck model in 2021. And it looks like he doesn’t care about its fiat price.

Bobby Lee wants to buy Tesla Cybertruck for 1 BTC in 2020
Image via Twitter

Mr. Lee predicts that a Tesla Cybertruck would cost less than one bitcoin (BTC) by the end of 2021. At press time, the official Tesla store prices for this model range between $39,900 for a truck with a single motor and $76,900 for a self-driving model with three motors.

So, Bitcoin (BTC) needs to gain about 300% to achieve the ambitious goal set by one of its pioneers.  Mr. Lee even highlighted the opportunity to invest $10,000 in Bitcoin (BTC) right now to be able to buy a Tesla in 2021 ‘for cheap’.

Also, Mr. Lee launched a survey to figure out how many true Bitcoin (BTC) believers are subscribed to his Twitter account. At press time only 69% of his followers believe that the Bitcoin (BTC) price will exceed $39,900 by the end of 2021.

Like, Retweet, Get Tesla

To prove his serious intentions, Mr. Lee launched a thrilling giveaway. He will order a Tesla Cybertruck for one person if the Bitcoin (BTC) price exceeds $39,900 by late 2021.

Nothing but a like and a retweet is required to join the giveaway.

At press time, more than 1,000 Crypto Twitter inhabitants have decided to roll the dice and share the joy of buying such an expensive car with one of the first Bitcoin (BTC) evangelists.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director

News
Mon, 07/13/2020 - 14:38
Vladislav Sopov
John Lilic, managing director at ConsenSys decentralized development studio, has shared an over-bullish prediction for Ethereum (ETH) progress
Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director
Cover image via stock.adobe.com
Contents

John Lilic leads international business development in the ConsenSys leading blockchain development studio. He is also an expert in energy markets and cryptocurrency segments. He tracked the progress of Bitcoin's (BTC) and Ethereum's (ETH) market capitalization statistics, coming up with an extravagant prediction.

Bitcoin (BTC) should get ready for parity

Mr. Lilic outlined that Ethereum (ETH) is showcasing much healthier dynamics than its competitor is. For instance, the flagship cryptocurrency still surpasses Ethereum (ETH) by 6.3x in terms of market capitalization, while simultaneously collecting 20% fewer fees than Ethereum (ETH).

John Lilic of ConSensys foresees parity of Bitcoin (BTC) and Ethereum (ETH) market capitalizations
Image via Twitter

Also, Ethereum (ETH) is demonstrating much more impressive price dynamics this year. It gained almost 37% against Bitcoin (BTC) in 2020. That said, Ethereum (ETH) looks severely undervalued to the top manager of ConsenSys.

However, Ether is on the path to eliminating this discrepancy. Eventually, the top two cryptocurrencies may reach market capitalization parity, concludes Mr. Lilic.

Related Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains
Related
Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains

As covered by U.Today Crypto News recently, Coinmetrics on-chain research team called Bitcoin (BTC) and Ethereum (ETH) the unique crypto behemoths that have managed to recover from Black Thursday.

Bitcoin (BTC) is losing supremacy in "fee race"

Should Ethereum (ETH) overcome its undervaluation, its price may be over $1,550 based on liquid supply and current Bitcoin (BTC) market capitalization.

Recently, it was unveiled that Ethereum (ETH) blockchain continues to surpass Bitcoin (BTC) in terms of network fees for more than 30 days in a row. Ethereum (ETH) is seeing this advantage for the first time in its history.

As U.Today Crypto News reported previously, ex-Messari analyst and angel investor Qiao Wang identifies two main catalysts of Ethereum's (ETH) price run in the mid-term perspective.

Related Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang
Related
Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang

According to Wang, the upcoming rally may be fueled by a long-awaited transition to Proof of Stake and fixing the monetary policy of Ether token.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)