MySpace Founder Tom Anderson Buys the Bitcoin Price Dip

Tom Anderson, the MySpace founder who retired after selling the social media platform for $580 million, has revealed on Twitter he bought the bitcoin price dip and published a photo of himself with laser eyes.

Anderson’s tweet itself only included the words “buying the dip,” but the accompanying laser eyes photo made it clear he was referring to bitcoin. Numerous Twitter users have so far this year changed their profile pictures to include laser eyes in a nod to the flagship cryptocurrency.

The trend has seen Tesla CEO Elon Musk, Gemini exchange co-founder Tyler Winklevoss, and two federal lawmakers – Rep. Warren Davidson of southwestern Ohio and Sen. Cynthia Lummis from Wyoming – change their profile pictures to feature laser eyes. Often, for a short 24-hour period only.

The laser eyes trend was accompanied by bitcoin imagery and bitcoin-related hashtags. In some cases, users were seemingly participating in it as a movement to get BTC to $100,000. The cryptocurrency has, however, hit a new all-time high above $62,000 before retreating.

Anderson’s tweet came after nearly four years of inactivity on the microblogging platform and amid a market sell-off that was seemingly triggered by Tesla CEO Elon Musk, who announced last week the electric car market was no longer accepting bitcoin payments, before implying it would sell its BTC.

Earlier today, Musk announced Tesla did not sell any of the bitcoin it still has. The company bought $1.5 billion earlier this year, and sold $272 million worth of it last quarter to demonstrate the cryptocurrency’s liquidity “as an alternative to holding cash on the balance sheet.”

At press time bitcoin is trading at $45,700. While Tesla hasn’t sold any of its bitcoin, Musk criticized the flagship cryptocurrency by claiming it’s “actually highly centralized, with supermajority controlled by a handful of big mining (aka hashing) companies.”

(Photo: briskwebservices)

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