What do you think?TBH, Elon Musk is just playing with the emotion of general people and spreading just fud without any research. Just look into the included picture where we can clearly see that bitcoin only has 0.13% for annual CO2 emmission globally as compare to others. Also, many miners already started to use green engery for mining as those are great for both mining and environment. This is just one kind of fuds and nothing else which is already happened in the market previously. No one cares about spaceX rocket launch effect or gold mining which is literally deforesting and eating the mother earth. But Elon needs to make this type of fuds so that he can adopt dogecoin and pump more which is ridiculous.
In my opinion, the respect the crypto community has accorded the the Tesla CEO may come to a stop if the unresearched comments about Bitcoin on energy and the environment continue to affect investors, traders, and participants. In a recent tweet from Tesla CEO,
the value of Btc continue to affect the crypto market with many people loosing their investments as a result of the the statement on Btc mining and transactions effects on the environment. I think a through research should have been considered before accepting btc as a payment for Tesla cars. This is because the effects of mining and it's impacts on the environment were already existing before now. What do you think?
Many now say that Elon Musk is the regulator of Bitcoin.Those are panic users who just blindly follow any influencers statements without any research and eventually thunking like that those influencers are the only one who can do anything by their statements. But they're in the wrong thinkings because many people will come into this market and left behind, but bitcoin won't stop for those. So it's right that market will rebound soon.
In my opinion, the respect the crypto community has accorded the the Tesla CEO may come to a stop if the unresearched comments about Bitcoin on energy and the environment continue to affect investors, traders, and participants. In a recent tweet from Tesla CEO,
the value of Btc continue to affect the crypto market with many people loosing their investments as a result of the the statement on Btc mining and transactions effects on the environment. I think a through research should have been considered before accepting btc as a payment for Tesla cars. This is because the effects of mining and it's impacts on the environment were already existing before now. What do you think?
In my opinion and as far as I am concerned, Elon just confirmed his true Business mind. It is all about him making profits and nothing else because like you said,Yes i also agree woth you. Elon did all these things to make profit. I am just imagining how many short positions he opened before he tweeted about ot and how much he made from it. I never believe on him because after seeing his tweets on DOGE i understood that he is trying to manipulate the market. why SEC is not taking any action against him. He is clearly manipulating the market in a very big scale.In my opinion, the respect the crypto community has accorded the the Tesla CEO may come to a stop if the unresearched comments about Bitcoin on energy and the environment continue to affect investors, traders, and participants. In a recent tweet from Tesla CEO,
the value of Btc continue to affect the crypto market with many people loosing their investments as a result of the the statement on Btc mining and transactions effects on the environment. I think a through research should have been considered before accepting btc as a payment for Tesla cars. This is because the effects of mining and it's impacts on the environment were already existing before now. What do you think?
An organization like Tesla should have done their research on Bitcoin even before investing, so for him to come out after Investing, Making and taking profits off Bitcoin to now make this king of trash comment about Bitcoin and energy consumption, I believe he is just manipulating the market and I wonder what will happen to Dogecoin after all this hype.
Its hard to judge and conclude if we don't know the whole happening to Elon and his entire team concept. Easy to make dramas and formulate words of acceptance asking for understanding. Bitcoin and Tesla are both business in different field. Not surprising Elon take control and effected much the whole Bitcoin holders. I hope the market will recover now.
I don't see how he needed the whole Bitcoin manipulation to keep the company running though. It's not like Tesla was in any kind of straits, let alone dire ones.
Elon Musk is just playing with the emotion of general people and spreading just fudYou are right. He has no intention to bring positive impacts on the crypto market. He tried to manipulate the prices of some crypto coins, especially Dogecoin. He also wants to get attention from all crypto users, so he made something controversial in the crypto world. This man doesn't deserve to exist in the crypto industry. He is almost the same as John Mc Afee, just take advantage of crypto to gain his popularity.
Tesla is playing with the market and all that pump and dumped is mostly caused by Elon Musk as it just destroyed the market for the small investor because their money is tuck now.
When Elon Musk said he would accept payment in Bitcoin for the purchase of Tesla products, I was excited but not 100%. I know the price of Bitcoin will skyrocket because of what he says but I have my own judgment that his main target is profit. I thought maybe that's how they work, so let's wait for the next coin target (besides Doge).Everything Elon Musk does is to make a profit, Elon is a professional businessman, of course he has a genius way to make big profits. And if we can, we must also follow it, our goal is the same, which is to use Elon Musk to benefit ourselves
When Elon Musk said he would accept payment in Bitcoin for the purchase of Tesla products, I was excited but not 100%. I know the price of Bitcoin will skyrocket because of what he says but I have my own judgment that his main target is profit. I thought maybe that's how they work, so let's wait for the next coin target (besides Doge).
I don't expect Elon Musk to Tweet just to make a profit by buying more Bitcoin and he easily does Dump without selling BitcoinUnfortunately, he did it, mate. He really dumped the Bitcoin price by tweeting something bad, it leads a huge decrease in Bitcoin price lately. We can blame Elon Musk since he looks like planned this from the beginning. He isn't a beginner, he is an expert in the investment field. Even he is really new to Bitcoin or crypto investment, he must know well that his tweets have the power to bring impacts on the crypto industry.
Cryptocurrency capitalization was very high, growth in such a market is simply impossible. The fall has stirred up the market and may still throw out altcoins from it, which already had no prospects. After that, the market will again be able to give growth for individual coins by the end of the year. Those who know how to think with their heads will work again soon.
Many traders are already blaming Elon for the dump even in the short time he gains huge respect from the community but after the recent dip he loses respect to some extent but he should not comment on BTC without knowing the facts. Those who sold in panic are blaming Elon and we can not say Elon is the only reason behind the market dip but in the future, he should be wise in selecting the words for BTC.
I think if Tesla Elon Musk gives any positive feedback about Bitcoin again then the price of Bitcoin will increase. Currently, the crypto market is being controlled by him. But as far as I know the market never sits for anyone. Maybe the market will go bad for a while but even if it is late, the market will go well again. So we have to be patient and wait for the price of Bitcoin to rise.
Do not hate on Elon Musk. No PR is bad. On general - he promoted crypto currencies with his reach and will continue to do so. This is good for the long term both for Bitcoin and for Altcoins.
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What do you think?
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What do you think?
After seeing the decline in the price of BTC that has occurred in May to date, it seems that Elon had planned this before he intended to accept payments using BTC, he had done his research and actually he already knew that miners were using fossil energy, wind and solar, but he persisted. accept BTC then, in a long time, we will see some companies accept BTC for payment, maybe Alibaba will accept BTC for payment.
in a long time, we will see some companies accept BTC for payment, maybe Alibaba will accept BTC for payment.I am not sure about this, but it is not impossible. We must see how the progress of Bitcoin adoption first, also how good the reputation of Bitcoin in the future. If the reputation of Bitcoin is getting better in the future, it is possible for Alibaba to adopt Bitcoin as a payment tool there. But if it is getting worse, Alibaba won't be too brave to accept it as a payment tool.
Elon Musk has so much money that I doubt he cares much either way. It's the community that needs to let go of him, I think.
They won't. Tesla is a big global company that has a big community and also numerous followers, as Elon Musk is also the CEO of it. We know how powerful Elon Musk is. By his statement on his Twitter, he can give a very big influence on the price.
And what he does to Bitcoin will not make their fans turn to lose faith in tesla.
One thing I conclude for Elon musk even then was that, everything he does was for him to make profit which should be the case. An Elon musk cannot claim they didn't know how Bitcoin was being mined and how much energy consumption it needs and yesterday a new story of even spaceX owning some amount of Bitcoin all along with it been made public and that Tesla might start accepting Bitcoin again.Elon Musk has so much money that I doubt he cares much either way. It's the community that needs to let go of him, I think.
I don't think these things have anything in common, money doesn't give you people's respect. If we read a little history in all the countries of the world the richest are usually the most hated, and not because of envy, but because of the way they have made their fortunes.They won't. Tesla is a big global company that has a big community and also numerous followers, as Elon Musk is also the CEO of it. We know how powerful Elon Musk is. By his statement on his Twitter, he can give a very big influence on the price.
And what he does to Bitcoin will not make their fans turn to lose faith in tesla.
Yesterday, Elon Musk said he was considering Tesla accepting Bitcoin as a payment method again, Elon's influence is inconsistent, and that is not positive for a person with so many followers around the world. Today I say yes but tomorrow I will say no.
I completely agree. There is no way he was not aware. He's a man with enormous resources and people working for him would've researched that for him and presented him with reports.
Tesla CEO Elon Musk has always been a role model for everyone because this Elon Musk keeps voicing to invest in Bitcoin and Bitcoin is now down and it's very scary for those who invest in the All Time High around 69,000 USD.I really don't think Elon musk is a Role model to everyone as you say and I also don't think he has been voicing to invest in Bitcoin as you also claim because the first time he announced that Tesla bought about $1.5 billion of Bitcoin, he almost immediately switched back against Bitcoin claiming the Bitcoin mining energy consumption was bad for the ecosystem which after his tweet added to the Bitcoin price dip.
This storm only passes when we are in a strong position to face it and this is only the beginning, when can we start a life that is strong against cryptocurrencies if the Bearish storm can't be passed?
Tesla CEO Elon Musk has always been a role model for everyone because this Elon Musk keeps voicing to invest in Bitcoin and Bitcoin is now down and it's very scary for those who invest in the All Time High around 69,000 USD.
This storm only passes when we are in a strong position to face it and this is only the beginning, when can we start a life that is strong against cryptocurrencies if the Bearish storm can't be passed?
I agree. Elon Musk is interested in his own profit, I don't think it is prudent to put the man on a pedestal.
I really don't think Elon musk is a Role model to everyone as you say and I also don't think he has been voicing to invest in Bitcoin as you also claim because the first time he announced that Tesla bought about $1.5 billion of Bitcoin, he almost immediately switched back against Bitcoin claiming the Bitcoin mining energy consumption was bad for the ecosystem which after his tweet added to the Bitcoin price dip.In the last report of Tesla for the 2nd quarter, it was indicated that Tesla continues to hold bitcoins and did not sell them, although at this price for BTC, this led to a small loss.
In the last report of Tesla for the 2nd quarter, it was indicated that Tesla continues to hold bitcoins and did not sell them, although at this price for BTC, this led to a small loss.
Billionaires make fools out of the rest of us by making comments to make us go on a buying spree to raise the price so that they can sell it or even go short on it and make millions, while we suffer as the price crashes.Another year has passed. Since last November, the market has entered a period of prolonged crypto winter and now almost no one even remembers those tweets about Elon Musk’s attack on bitcoin. More and more people remember their continuous support of Dogecoin. Moreover, in his subsequent statements, he again supported bitcoin. Therefore, the words of Elon Musk continue to be heeded and he is still able to influence this market. Although I believe that such an influence on the masses will decrease over time. People will gradually tire of his comments.
It's time we stopped worshipping billionaires.,and trade wisely. No need of Tesla,Amazon to accept bitcoin.
Probably but once more, Elon Musk will not care about it. He doesn't have a problem with money. Regarding community respect, since he is rich and popular, there should be always people who follow him. So, it is not difficult for him to influence people's interests. I'm very sure that community won't really leave him.Does not Elon Musk have money problems? How then to explain the sale by Tesla in the second quarter of this year of 75 percent of their bitcoins at a price of $29,000? Only disbelief in the price prospects of bitcoin? Still, it is most likely that this company has significant financial problems. But in any case, the authority of Elon Musk will fall after such actions of his company.
Does not Elon Musk have money problems? How then to explain the sale by Tesla in the second quarter of this year of 75 percent of their bitcoins at a price of $29,000? Only disbelief in the price prospects of bitcoin? Still, it is most likely that this company has significant financial problems. But in any case, the authority of Elon Musk will fall after such actions of his company.
Oddly enough, Elon Musk said at a conference on August 5 that buying bitcoin early last year and then selling it 90 percent this year at $29,000 made Tesla $64 million in profits. This confirms that businessmen in the first place are making a profit, and not maintaining a decentralized cryptocurrency. With the image of Elon Musk, everything will be all right. He will again write something positive about cryptocurrency on social networks and will again be on top.Does not Elon Musk have money problems? How then to explain the sale by Tesla in the second quarter of this year of 75 percent of their bitcoins at a price of $29,000? Only disbelief in the price prospects of bitcoin? Still, it is most likely that this company has significant financial problems. But in any case, the authority of Elon Musk will fall after such actions of his company.
No, Elon Musk has no financial problems, but the sale (at a loss) of those Bitcoins has a very simple explanation, manipulation. When Tesla announced in 2021 that it would accept Bitcoin as a payment method, they knew very well that they would not, it was all designed to grow Doge. No one in their right mind can believe that the owner of some of the largest technology companies in the world did not know that electricity is needed to mine Bitcoin. Everything was scheduled, like this latest sale of Bitcoins.
talking about Tesla CEO and bitcoin, I think Elon musk is one of big Investor in crypto currency.
But we know, bitcoin is owned by many people.
So, I don't think bitcoin and altcoin are depending on Elon musk, It's been just fomo
In my opinion, the respect the crypto community has accorded the the Tesla CEO may come to a stop if the unresearched comments about Bitcoin on energy and the environment continue to affect investors, traders, and participants. In a recent tweet from Tesla CEO,
the value of Btc continue to affect the crypto market with many people loosing their investments as a result of the the statement on Btc mining and transactions effects on the environment. I think a through research should have been considered before accepting btc as a payment for Tesla cars. This is because the effects of mining and it's impacts on the environment were already existing before now. What do you think?
In my opinion, the respect the crypto community has accorded the the Tesla CEO may come to a stop if the unresearched comments about Bitcoin on energy and the environment continue to affect investors, traders, and participants. In a recent tweet from Tesla CEO,As for Ilon Musk, like everyone else, he is looking for his own profit, it is not worth putting him on a pedestal.
the value of Btc continue to affect the crypto market with many people loosing their investments as a result of the the statement on Btc mining and transactions effects on the environment. I think a through research should have been considered before accepting btc as a payment for Tesla cars. This is because the effects of mining and it's impacts on the environment were already existing before now. What do you think?
Bitcoin is a great market and this time the BTC price is down but soon the price go high becasue soon the whales will start to invest in this market and that time the market make a big pump and the BTC will touches the $200,000 this time and with the BTC all the crypto coins will make great high also.
Do you mean Elon Musk to lose the respect of the community?Actually, whatever Elon Musk does is just an opinion and it is possible that his opinion has elements to benefit him (remember he is a businessman who wants to stay profitable) and it can't be avoided, but what is wrong is reading his tweet when responding.
I think Elon Musk doesn't care about the community's respect. Elon Musk only predicts about the price, he can't guarantee about the future price of a crypto coin. So, if the price can't be the same as his prediction, it is not his wrong since he only predicted. However, Tesla also invested in Bitcoin, but Elon Musk feels not worried.
Bitcoin has been and remains the main player in the cryptocurrency market since the first moment of its release. Many large investors who previously did not even think about buying it are investing their money right now.Bitcoin is a great market and this time the BTC price is down but soon the price go high becasue soon the whales will start to invest in this market and that time the market make a big pump and the BTC will touches the $200,000 this time and with the BTC all the crypto coins will make great high also.
200K USD , I think It's too far to talk about this.
Bitcoin is very potential but need long time to hit more 200 K USD .
Maybe It will happen more fiver years again.
But we need free money if we want to hold.
Bitcoin $22 after Thursday. After falling below 348, there was a lot of change in bitcoin. Profit keeps on increasing from loss in crypto market. Bitcoin is paired with stocks amid a recent drop in prices. Telsa sold 75% of bitcoin after the second quarter, which was attributed to covid because Telsa was concerned about the company's liquidity. Telsa's [CEO] has been a major influencer of the cryptocurrency.
Bitcoin $22 after Thursday. After falling below 348, there was a lot of change in bitcoin. Profit keeps on increasing from loss in crypto market. Bitcoin is paired with stocks amid a recent drop in prices. Telsa sold 75% of bitcoin after the second quarter, which was attributed to covid because Telsa was concerned about the company's liquidity. Telsa's [CEO] has been a major influencer of the cryptocurrency.
That's the fact, Tesla CEO has supported crypto currency, like dogecoin.
But I believe.he also invest in bitcoin.
The price falles because It's bearish season.
Not cause of Tesla or other.
When there is a bearish occurrence, it is certain that everyone will also feel afraid, just like Elon Musk.Elon musk made the mistake of making his followers a victim of Elon Musk's greed for having made a statement that gave directions for them to buy a trash token that ended up having no value and now he is no longer trusted when he tweets about cryptocurrency on twitter.
Elon Musk is also human and would have been afraid to enter or buy cryptocurrencies again and now tends to be silent.
I'm sure people will also feel scared and those who are still trading Bitcoin are those who really need the use of Bitcoin, such as mining, transactions or day trading.
In my opinion, the respect the crypto community has accorded the the Tesla CEO may come to a stop if the unresearched comments about Bitcoin on energy and the environment continue to affect investors, traders, and participants. In a recent tweet from Tesla CEO,
the value of Btc continue to affect the crypto market with many people loosing their investments as a result of the the statement on Btc mining and transactions effects on the environment. I think a through research should have been considered before accepting btc as a payment for Tesla cars. This is because the effects of mining and it's impacts on the environment were already existing before now. What do you think?