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The impact of Tesla’s bitcoin investment and its plans to accept it as payment method on the evolution of bitcoin

Author

Listed:
  • Mironeanu Alexandra

    (International Master of Business Administration, Bucharest, Romania)

  • Irimia Beatrice

    (International Master of Business Administration, Bucharest, Romania)

  • Săndulescu Valentina

    (International Master of Business Administration, Bucharest, Romania)

  • Teodoroiu Casiana

    (International Master of Business Administration, Bucharest, Romania)

Abstract

For the past years, cryptocurrencies have been a hot and controversial topic that has captured the attention of the whole tech world. Even if right now the portfolio of digital assets is considerable in size, the first cryptocurrency, Bitcoin, exploited its pioneer advantage and managed to remain at the center of attention both for the media and investors.

Suggested Citation

  • Mironeanu Alexandra & Irimia Beatrice & Săndulescu Valentina & Teodoroiu Casiana, 2021. "The impact of Tesla’s bitcoin investment and its plans to accept it as payment method on the evolution of bitcoin," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 15(1), pages 58-74, December.
    • Handle: RePEc:vrs:poicbe:v:15:y:2021:i:1:p:58-74:n:24
    DOI: 10.2478/picbe-2021-0007
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    References listed on IDEAS

    as
    1. Philippas, Dionisis & Rjiba, Hatem & Guesmi, Khaled & Goutte, Stéphane, 2019. "Media attention and Bitcoin prices," Finance Research Letters, Elsevier, vol. 30(C), pages 37-43.
    2. Shen, Dehua & Urquhart, Andrew & Wang, Pengfei, 2019. "Does twitter predict Bitcoin?," Economics Letters, Elsevier, vol. 174(C), pages 118-122.
    3. Werner Antweiler & Murray Z. Frank, 2004. "Is All That Talk Just Noise? The Information Content of Internet Stock Message Boards," Journal of Finance, American Finance Association, vol. 59(3), pages 1259-1294, June.
    Full references (including those not matched with items on IDEAS)

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