Bitcoin price fall, Tesla CEO may loose community respect.

[Freemind]

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.

That is what I have been saying since the day Elon said that Bitcoin consumed a lot of electricity, it is impossible that he did not know it, and even if he did not know it it does not matter because I am sure he has an army of advisers to explain to Elon what he doesn't know or understand. And that's an insult to people's intelligence for the sole purpose of controlling Doge's supply. Unfortunately there are still many people who do not see it that way, and believe that doing what Elon says one day they will be like him.

[hobo66]

Elon Musk has announced in his yesterday's live that he will accept Bitcoin in SpaceX and Tesla as a payment. Now maybe there will be no dump in BTC by this news. What you guys think about market must tell.

[damsix]

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?

[Anonylz]

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 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.

[Freemind]

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?

Elon Musk has always been a role model for everyone?. No, the answer is no. One of the many mistakes blind followers of Elon Musk make is believing that if they follow his words they will become as rich as he is, when he's really into crypto to make money and control Doge's supply. Elon Musk is not here to help, he is here to make money, if Elon wanted to help seriously, it wouldn't be so incoherent.

[mlawson71]

I agree. Elon Musk is interested in his own profit, I don't think it is prudent to put the man on a pedestal.

[Freemind]

I agree. Elon Musk is interested in his own profit, I don't think it is prudent to put the man on a pedestal.

Elon Musk only cares about Elon Musk and the money Elon Musk can earn, it is something very simple to understand, but still there are millions of people who want to be part of a herd of blind people unable to make their own decisions and risks. Many of those who bought Bitcoin at $64,000 and Doge at $0.73 know very well what I am talking about, I would like to know what they think now.

[Nasir]

It gives me an idea about the market. I found out from the bathroom that Tesla cars were bought with Bitcoin but now the price of Bitcoin has come down a lot so I am having trouble selling Tesla cars. For this reason, the assets of the person in charge of Tesla are being slashed.

[Suma Islam]

With Bitcoin prices down, Tesla CEOs can relax respect for the community. I do not agree with this. Thirst Company is only executed by the executive when cars are sold through Bitcoin. They also came to this conclusion by presenting their views through all the other members.

[Phython]

With the price of Bitcoin declining, the CEO of Tesla has lost the respect of the community. Cars could be bought with the help of Bitcoin to make Dislike a car company. But at the moment the price of Bitcoin is not at all, so the price of cars has come down, so Tesla has suffered a lot.

[AllSii]

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.

[Freemind]

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.

If Tesla sold its Bitcoins now, it would become the most ridiculous company ever. Tesla must grit its teeth and not sell at a loss to maintain a minimum of credibility with the public opinion. It would be another blow to Elon and his already low credibility, and the community would likely be against it. Tesla will keep their Bitcoins well protected no matter what, at least until they can sell them at a good profit.

[Jamal Aezaz]

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.

It's time we stopped worshipping billionaires.,and trade wisely. No need of Tesla,Amazon to accept bitcoin.

[Senin]

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.

It's time we stopped worshipping billionaires.,and trade wisely. No need of Tesla,Amazon to accept bitcoin.

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.

[bayiajaib]

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