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Author Topic: How long will Tesla no longer accept bitcoins for payment?  (Read 6181 times)

Offline owlest

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #60 on: May 21, 2021, 07:42:38 AM »
I completely agree with you and also consider him a manipulator. But, if they acted honestly, then they could not get such a profit. I have always believed and still believe now that in order to earn a lot of capital, you need to act not honestly.

I think the same as you in that regard, but I also think that to make money (a lot of money) it is not necessary to act like Tesla or Elon Musk have done. If I had to look for an example in a particular company or investor, I would look at Michael J. Saylor and MicroStrategy, they have proven themselves to be honest so far and I hope they remain so in the future.
I cannot judge this. These companies only tell us about the purchase. What if they secretly sold part of it? In addition, Musk is a public person, he needs attention to be riveted to him. Therefore, I think he posts what he thinks (and sometimes he doesn't think he posts).
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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #60 on: May 21, 2021, 07:42:38 AM »

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Offline nicecrypto

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #61 on: May 21, 2021, 11:26:14 AM »
I completely agree with you and also consider him a manipulator. But, if they acted honestly, then they could not get such a profit. I have always believed and still believe now that in order to earn a lot of capital, you need to act not honestly.

I think the same as you in that regard, but I also think that to make money (a lot of money) it is not necessary to act like Tesla or Elon Musk have done. If I had to look for an example in a particular company or investor, I would look at Michael J. Saylor and MicroStrategy, they have proven themselves to be honest so far and I hope they remain so in the future.
I cannot judge this. These companies only tell us about the purchase. What if they secretly sold part of it? In addition, Musk is a public person, he needs attention to be riveted to him. Therefore, I think he posts what he thinks (and sometimes he doesn't think he posts).
I hear you and I also believe that these companies can even go ahead and sell some if they want without telling the public but even as a public person, Elon didn't need to do what he did in the end, his first move with Bitcoin was enough to get him attention which I believe it did plus I also believe he dosent think his posts too.

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #62 on: May 21, 2021, 11:50:59 AM »
I cannot judge this. These companies only tell us about the purchase. What if they secretly sold part of it? In addition, Musk is a public person, he needs attention to be riveted to him. Therefore, I think he posts what he thinks (and sometimes he doesn't think he posts).

The fact of selling bitcoins cannot be kept secret, as such campaigns are required to make a quarterly report to the SEC. And this report is publicly available on the SEC website and anyone can read it.

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #63 on: May 22, 2021, 02:59:28 AM »
O think elon want to moon doge
 He is willing to  replace doge over bitcoin. In future he will accept Doge as a paument for Tesla

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #64 on: May 22, 2021, 08:13:34 AM »
Musk is generally a mysterious person and, as he himself said, there is innuendo, quirkiness and extravagance in him. And to be honest, Musk does what is beneficial to him, like everyone who is present on the crypto market. There is nothing surprising here, because we all came here for a profit.

Of course we are all here to make a profit, but the difference is that we (normal users) do not play with people or take them for idiots like Elon and Tesla have done, that is the big difference. If Tesla and Elon had been honest from the start, none of this would have happened and no one would call them manipulators.
I think he should have done a research about Bitcoin first before showing interest in it that is where he missed it, after adopting Bitcoin he later realised that mining Bitcoin is not environmental friendly taking out his interest later is very bad and consequently the price of bitcoin dumped and causing FUDs in the market, I hope bitcoin enthusiasts and hodlers will overcome this trying time
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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #65 on: May 22, 2021, 11:08:26 AM »
O think elon want to moon doge
 He is willing to  replace doge over bitcoin. In future he will accept Doge as a paument for Tesla

This will not change the situation in the crypto market. There was not a single case of buying a Tesla for bitcoins. And even if Musk decides to sell Tesla for Doge, there is hardly anyone who will buy a car for cryptocurrency during a bull run.

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #66 on: May 22, 2021, 11:13:38 AM »
I think he should have done a research about Bitcoin first before showing interest in it that is where he missed it, after adopting Bitcoin he later realised that mining Bitcoin is not environmental friendly taking out his interest later is very bad and consequently the price of bitcoin dumped and causing FUDs in the market, I hope bitcoin enthusiasts and hodlers will overcome this trying time

Both Tesla and Elon Musk knew perfectly well how Bitcoin is mined before all of this started, even before Elon posted the first tweet about Bitcoin a long time ago. Bitcoin and mining have been the necessary excuse to make Doge more popular. To say that they did not know that Bitcoin is mined with a lot of electricity is to insult our intelligence.
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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #66 on: May 22, 2021, 11:13:38 AM »


Offline owlest

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #67 on: May 22, 2021, 03:08:53 PM »
I hear you and I also believe that these companies can even go ahead and sell some if they want without telling the public but even as a public person, Elon didn't need to do what he did in the end, his first move with Bitcoin was enough to get him attention which I believe it did plus I also believe he dosent think his posts too.
I agree for bitcoins. But the point is not whether they heard him or not. The fact is that he does what suits him best, thereby manipulating the market.
This will not change the situation in the crypto market. There was not a single case of buying a Tesla for bitcoins. And even if Musk decides to sell Tesla for Doge, there is hardly anyone who will buy a car for cryptocurrency during a bull run.
Why? Maybe some whale decided to buy Dogecoin and then raise the price even higher by buying Tesla)
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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #68 on: May 22, 2021, 03:54:39 PM »
Tesla has canceled payments with Bitcoin and I think they will do so onwards...

Elon Musk has stated that Bitcoin is not good for the environment, I am sure he is serious about his word and will never overturn his decision.
« Last Edit: May 22, 2021, 03:59:07 PM by Renampun »
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Offline Phu Juck

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #69 on: May 22, 2021, 06:21:56 PM »
A ban of Bitcoin as allowed payment seems to be only a marketing move from Elon Musk to make Tesla more known and get some reports and news for Tesla.
Maybe he will enable it again but I'm not sure because he was very negative about Bitcoin. Maybe he will instead allow only more energy efficient coins.
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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #70 on: May 22, 2021, 06:28:14 PM »
A ban of Bitcoin as allowed payment seems to be only a marketing move from Elon Musk to make Tesla more known and get some reports and news for Tesla.
Maybe he will enable it again but I'm not sure because he was very negative about Bitcoin. Maybe he will instead allow only more energy efficient coins.

The credibility of Tesla and Elon Musk has dropped a lot since they decided (I think it was decided early on) not to finally accept Bitcoin as a payment method. If they said now that they accept Bitcoin again, they would not only look like clowns, everyone would laugh at them too, and that is something they could use very well to know how to treat people with respect.
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Offline Hope4life

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #71 on: May 22, 2021, 07:07:18 PM »
After Elon Musk tweets about Doge then people started to panic buying and it's pumped really hard, this is not healty because the price move because of FOMO that Elon made. I don't why people still believe his tweets, the level of manipulation is too high.

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #72 on: May 22, 2021, 08:07:24 PM »
After Elon Musk tweets about Doge then people started to panic buying and it's pumped really hard, this is not healty because the price move because of FOMO that Elon made. I don't why people still believe his tweets, the level of manipulation is too high.

Indeed, he created fomo among the new users and pumped the dogecoin/market a lot. But this type of fomo won't be long last as Vitalik Buterin already said that Elon's tweets won't have that much power to create fomo among the users.
Quote
Elon is not going to have this influence forever.
 - VITALIK BUTERIN
BTW, Elon is just trying to accomplish his target by neglecting bitcoin and picking up dogecoin as a payment method for buying Tesla so that dogecoin can hit $1 or more depending on his target. Looks like he's mission is failed as of now because of the current correction. After this correction, maybe people won't be happy to acknowledge his tweets, IMO.

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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #73 on: May 23, 2021, 08:47:20 AM »
After Elon Musk tweets about Doge then people started to panic buying and it's pumped really hard, this is not healty because the price move because of FOMO that Elon made. I don't why people still believe his tweets, the level of manipulation is too high.
People are divided into two types: who thinks for himself and who exactly follows others. Here are Musk's fans and admirers who blindly follow his tweets. And, unfortunately, there are a lot of them, so this is the situation. I also don't like what he does with his statements. But so far it is difficult to deal with this. Or maybe he is thus knocking out the weak from the market.
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Re: How long will Tesla no longer accept bitcoins for payment?
« Reply #74 on: May 25, 2021, 09:46:23 PM »
News that is trying to push the market down.
Elon Musk said that Tesla will no longer accept bitcoins for payment, as they are destroyed by the release of carbon dioxide into the atmosphere. He also made a poll on his Twitter: do you want Tesla to accept payment in DOGE coin. All normal people understand what the strong people of the world are saying ... this is only for manipulation. Today is one thing ... tomorrow is different, but bitcoin, partycoin, elephantcoin ... this is so the conjuncture.

I think Tesla will accept bitcoin again, It's just Elon startegy as Investor.
Elon musk is good investors, he know when will buy more and can play the game.
Bitcoin is the future currency, I always believed bitcoin will be accepted by many companies.

 

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