Elon Musk – Twitter – BCH – Dogecoin
Oct 29, 2022
“the bird is freed”
So public on his Twitter account Elon Musk on October 27, 2022, when he closed his Twitter purchase deal for about $44 billion USD, after all, he is the richest man on the face of the earth.
He enters the offices of Twitter holding a sink, evidently that he would do something similar since we all know that he likes to attract attention in these aspects. He immediately fired 4 top executives:
CEO of Twitter, Parag Agrawal;
Head of Legal, Policy, and Trust Affairs: Vijaya Gadde
CFO: Ned Segal
General Counsel on Twitter: Sean Edgett
From now on, Twitter will operate as a private company and each shareholder will be paid $54.20 per share they own.
Now Elon Musk has said that he wants to guarantee "freedom of expression" on the platform as if something like that were possible. It is that it even already mentions that they will have “more flexible content moderation standards”, so it is not 100% freedom of expression. At least I think so, whenever you moderate something, you are not letting the content be free at all.
For now, they have not changed anything about this, but they will eventually. It is believed that former US President Donald Trump will be handed over his account again, something to which Trump himself smiled and said that the social network was in "healthy hands". Trump had more than 90 million followers on his account, so obviously he would be happy to have it unlocked.
BCH
Speaking of freedom of expression, then we have to say that BCH has been ignored by Twitter for years, reaching the point where it is almost impossible for it to be trending and when it is, many questions and criticize it. Some people are selfish and conceited, with hatred that consumes them inside. Talking about BCH on Twitter is a sure guarantee that you will not get much of an impact and if you do, you can be sure that you will be attacked from all sides, so you must be prepared to respond.
The BCH has had to deal with a strong anti-propaganda campaign, where everyone wants to make it succumb and destroy its price at all costs. But luckily, the community is prepared to take on this arduous task, which is to stage the advantages that BCH presents over other cryptos and, above all, over BTC itself. After all, Bitcoin is Cash.
These days the BCH has recovered significantly and has managed to increase a little more in % than the BTC itself and this is something that puts us all in a very good mood. There are gray days, so we have to enjoy the good times. Now it only remains to consolidate the price above $120 USD, something that is having a hard time getting over it, and then when BTC falls, if it does, try to stay up there as long as you can waiting for the next rise.
Dogecoin
Much has been said about Doge these days, especially the great increase it has been having. Today I saw him with more than 50% in profits in just 24 hours. All this is related. Let us remember that Elon Musk is firmly committed to Dogecoin.
The increase has been so great that on October 25 it cost just about $0.06 USD and now, just 4 days later, its value is around $0.13 USD and with a maximum peak of $0.15 USD. Not bad for anyone who is a Holder or even has bet on Long futures trading.
In conclusion:
Elon Musk is now the owner of the most used social network on the planet. We will have to get used to the fact that things may change a little and hopefully, it will be for the better. We have to wait to see what will happen tomorrow.
We expect the market to continue to rise and prices to rise, we all want to see a BCH close to $500 or even $1,000 USD again.
See you tomorrow.
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Like you said We expect the market to continue to rise and prices to rise, as we wait