Bitcoin Forum

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use
 (https://www.theguardian.com/technology/2021/may/12/elon-musk-tesla-bitcoin)
But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research (https://cointelegraph.com/news/banking-system-consumes-two-times-more-energy-than-bitcoin-research)

So what are your thoughts on this, is Elon still credible that we should follow his tweet?

More like he FUD and FUD to buy at a discount of course he doesn't want to tweet again that he bought or even Tesla. He's happy with his DOGE which in fact a PoW too I wonder what's his stance on this if he's really that concerned to fossil fuel use. I just unfollow the guy even if he goes back that wouldn't make a difference.

Seems that Elon didn't really understand what his saying here.

As far as believing him? he is a business man after all, so all of his tweets have intentions from behind. So it's better to take everything with a bag of salt, and maybe we should ignore him for a while now as he is not doing any good for bitcoin in general. His probably worst than John, during McAfee's height of being a so called crypto influencer.

At first place, why should we follow a person who isn't that knowledgeable when it comes to crypto?
He knows nothing about it. He just jumped out of nowhere and hyped DOGE, bought Bitcoin and now saying some things that is purely bullshit if you will ask me and some other users here.

His actions within the past days made a negative effect towards him and his Tesla stock. Now he wants to make an unbelievable thing towards DOGE (https://twitter.com/elonmusk/status/1393738154889338884). He don't know what he is saying and he is just a businessman after all. He just came into crypto just to have profits.

jeebus xmas christalnacht

U know PAYPAL that is MUSK, the biggest financial scammer in all human history

WHO has NOT been ripped off by paypal?

MUSK&his wife-partner Peter Thiel are both vampires, you know they control the world supply of baby blood for transfusions, look closely at musk&Thiel at their skin, you'll notice baby like texture & tone, that comes from infant transfusions, and they all boast of the process.

Google para-bio-synthesis, the new age vampire; musk & buddys intend to live forever

but getting back to MUSK, who on earth with a brain ever liked this guy? He ripped people off all the way up the ladder, but then life does work out well, now Bill Gates is going to Epsteins kiddy-porn island of love

Musk almost got hosed by the thailand cave-man fiasco, good lawyers have kept musk out of jail so far, but like Gates, money can only go so far

...

MUSK bought in BITCOIN at $42k, its now back to $42k musk ran btc up to $66k, it was at $1.2T USD CAP, now its down to $750B cap, that's a 38% loss of cap, MUSK & TESLA have lost their ass on their BTC investment.

This is not unlike DeLorean, who bought $100M in COCAINE to save his failing company.

Don't worry, many people in CHINA want MUSK to go to prison for murder.

Never that i do believe nor trust this person because from the very beginning I can feel that he has no sincerity and only making everything to make money by popularizing himself .
Now that he had already Gain attention and support from noob and greed, His true color was revealed and showing who he really is.

MUSK built paypal, he knows more about electronic money, than you and all the people on this forum combined. He's got more connections in the deep state than even Bezos, or Gates.

Musk is their golden-boy, his tweets are just the CIA new normal.

Palantir Company ( musk 'partner' company owned by Peter Thiel ) is the CIA-NSA database tracking everybody in the USA, pre-crime like the Tom Cruise movie.

Don't underestimate these guys. They own the earth.

There was also a theory that it's for his CO2 credits that is why he is doing this. We can never tell what exactly but one thing is for sure, Paypal was once his, he created it and now it's defeated as a global mode of payment because of cryptocurrency.

BINGO, and for this reason he should be the POSTER boy for the HODL CULT?

Like day & night, MUSK will run it up and run it down, and rinse & repeat, why not the masses have the retention span of a newt.

Musk knows well that HODL and/or HATE will love him like a pavlovian dog whistle. He plays both sides like a flute.

Majority on this forum are HODL, minority HATE; But at all times they either hate or love musk; Of course he doesn't care about people, he just looks at the numbers, and running BTC up&down is easier than taking a leak in the toilet, hell he probably tweets from the toilet.

Funny they banned Trump, but will they ban Musk? No, & why? Because Musk is CIA man-child groomed from birth.

After she talking bad about btc i will not believe in what she said anymore, maybe only doge lovers who still believe on him. I wondering he will do the same thing into doge  ???

Well honestly, let's talk sour grapes.

HE SOLD out paypal, with the cash, he build a rocket-ship company, and a car company, making him the richest man on earth ( for a time )

Now does he give a rat's ass about paypal today? I think not, even his partner Peter Theil moved on to build PALANTIR (CIA) now the premier 'pre-crime human tracking system' for planet-earth.

Both these boyz, have CIA handlers that helped them launch their companys to #1 status

They all know that BITCOIN was created by NSA, they all know everything that's going on.


Only mushrooms ( people fed feces & kept in dark ) believe in HODL. PPL here hate Musk cuz he didn't HODL, well welcome to planet earth, MUSK is not a moron.


PALANTIR tracks you and predicts your future, TESLA tells you where you can& cannot go, the rocket ships launch the satellites to keep the entire system watching the earth. What's a mother not to love?

We shouldn't be giving him so much influence over the markets in the first place. Sure, dude does know stuff concerning EVs, rockets, payment processors, and neurotechnology; but it doesn't necessarily mean the dude knows everything(like blockchains). And after his Twitter meltdown — sure the dude is totally like 50x more intelligent than me, but it just showed that the dude has an inflated ego.

It doesn't matter who or what created Bitcoin. What's important is it's current state — decentralized.

If you didn't trust/believe in Elon in the first place your hearts will never be broken, you seriously think that a guy on Twitter posting memes about what he wants is going to be your friend? If you think so then you are probably stupid because of all the people that you can't trust, it's the businessmen that you don't trust the most.

It's more likely about FUD, first of all, I haven't believed him since then, yeah he is one of the richest man in the world, but the fact that he is not doing well for the bitcoin community then he wouldn't deserve our respect. He is really manipulating the market and keep making his Dogecoin to the moon, maybe sooner or late, we will have the news about "TESLA is now accepting Dogecoin as a means of payment". He is really a businessman and he will do things that will benefit him even crashing the market, sadly, there are still so many people keeps on believing that man because of whoi he is.

It is only interesting at first when he pumped Doge coin last January 2021 but right now, I'm done with him.

He's just playing with the market and our emotion by just thinking about himself.

I know that we're just a small investor compared to him but he should think about other people because we are working our asses off just to earn money.

Well, his tweets are reliable (as a signal for me to sell), not credible. To be honest, I only follow him because every time he tweets anything regarding cryptocurrency, he pumps Bitcoin. Well, he's like my signal to sell lol. Now he's becoming my signal to buy.

It is a very old news and price was manipulated for a while.

The fact is not only bank system but also many other industries consume more energy than Bitcoin mining. I agree that it is better if Bitcoin mining farms have an adaptation and hybrid energy with more weights from renewable resources. Cost and benefit will be matter as mining farms will have to spend capital for infrastructures of renewable energy production equipment. They will have to consider about maintenance cost, lifespan of those equipment. Usable time every day and in different seasons.

Generally, it is not actually a bad idea.

• Debunking the "Bitcoin is an environmental disaster" argument.  (https://bitcointalk.org/index.php?topic=5325350.0)

Why not? You can follow his tweets but think differently than the crowd.

Musk is a fraud. He takes credit for other people's achievements. He is not technically competent. He is not self made. He came from extreme wealth.

I can feel it he is going to crash and burn within 5 years. From world's richest man on paper to either in jail or in debt. That's just how it's gonna go for Musk. We don't want him anywhere near our beloved BTC.


When it comes to Tesla he wasn't a founder. He didn't contribute to the project. He also defrauded the shareholders to the tune of over 5 Billions via Solar City. He bought solar city bonds and then faked a new product for solar city to sell it to Tesla. Meaning when Tesla acquired solar city it also acquired a ton of debt, some of it to Elon Musk himself.

Elon Musk doesn't understand physics. If he did his proposals would make a lot more sense. Also the route he is taking with SpaceX means that every launch with humans on it is a spin of the dice. By my reckoning there is a 5% chance everyone on board the rocket dies. Elon Musk is a psychopath that only cares about making more money.


If he did care about the environment he wouldn't even propose point to point rocket transport for humans. The idea itself isn't viable because of the actual physics involved. Those ballistic trajectories require too much fuel. Fuel which will make the ticket price cost prohibitive.

However what remains is the most environmentally destructive means of transport ever proposed. You'd be putting out more CO2 than the average american in a year in just a flight or two.

We shouldn't keep having rocket failures. each of those rockets blowing up represents an immense amount of emissions for nothing. Take the time the whole facebook satellite blue up on the SpaceX rocket. Curiously enough this case might have been sabotage since Elon was doing the same thing a year later after Facebook was set back years due to the rocket explosion.


And Elon Musk is dangerous to his customers. His proposed neural-link would be installed in the human skull in a way that weakens it. The needles according to demonstrations clearly puncture blood vessels in the brain. The overnight charging may cause a fire, in your brain. Your skull might be susceptible to breaking a lot more easily.

And his claims that this will cure everything from blindness to paralysis are bogus.

Here is a very good video series on the subject of Elon Musk's neuralink. In fact this channel, along with thudnerf00t are excellent for debunking Elon Musk.
If you follow the facts these two channels are the best on YouTube when it comes to debunking nonsense.

https://www.youtube.com/watch?v=BvmA_gQ-95c

as for Thunderf00t just look him up. His real name is Phil Mason and he is a PHD chemist and a very successful scientist with many good papers under his name. His unique way of thinking has lead him to many new fascinating scientific discoveries.

I won't follow. I will Unfollow his tweet right now. Who he is? I don't know why people still following his statement. he just comes to a year for buying the hype. I won't care if he wants to mine doge in the mars together with Alien.

I will follow his back after Tesla uses water fuel. if still use electricity it's the same as he said the fossil, because electric still uses gasoline for the generator.

In a 13th May twitter from Jackson Palmer the co founder of Dogecoin said that "Elon Musk is and always will be a self-absorbed grifter" and after saying that he said I will remove this twitter in 1 min and go back to my quiet life.This shows why we should never believe Elon Musk and his deeds.

Source of the twitter is from here :  https://inbitcoinwetrust.quora.com/?__ni__=0&__nsrc__=4&__snid3__=21405070198&__tiids__=28269314

Elon Musk lost his 2nd position on the richest people on earth.
Short positions against Tesla are the Highest at this moment.
Michael Burry alone has 534$ million short positions against Tesla.
Tesla shares fell more than 25% in a month's span.

Who's having more bad news..? Crypto community or Elon Musk..?

His reason for removing bitcoin as a mode of payment is clearly unbelievable and now a research was already carried out with regards to the fossil fuel consumption, it just made it more vivid that he is just tricking people and taking advantage of their ignorance. There's no reason to believe in that guy anymore regardless of how much money he has and how much influence he can make. Bitcoin is suffering at the moment but it will surely come back and recover soon so let us stop talking about Elon Musk already and start believing in bitcoin up until it regains it good price and obtain new all time highs once again.

I think we are going to have this discussion forever! I have started to feel that forum has turned into Elon Musk's personal space to talk about it.  ;D
Well, again and again, lets not forget his billions of dollars richer than us and he can manipulate the market always. He won't be afraid of the government or SEC since they know Biden and Elon's relationship is far different that what see.
Over the time his wealth is going to rise, so he will gain more control of the market. Unless and until SEC really interfere his going to manipulate it.

I won't believe a clown who will get his karma one day.

But the masses will still believe him and see him like their savior. I am shocked people can be so dumb. Whatever, it's their loss not mine. I will HODL even if BTC goes down to $10K.

Elon Musk is a market manipulator and his claims all make sense with his reasoning. His Bitcoin claims are in his calculation. He is a businessman, a trader and he knows how to make money from the holes of the market. Trust the cash flow and the ignorance of the community don't believe what Elon Musk says.

It seem's like they are just playing around with crypto I never really believe in Elon's tweet.
I know that he could get the price move on however he wants and it is a proof of it.
I never trust his crypto picks specially when he gives too much attention to a meme coin that has been around for a long time and doesn't have any improvement at all before he tweets about it,
From the moment he pick it up I already have doubts about him as a crypto investor/TA or anything related with crypto.

If Elon Musk is really a market manipulator, that means that he can move the market in any direction. So far I see only options how he can do situation even worse. I just can imagine how Elon could turn Bitcoin price into opposite direction. Buy saying that Tesla changed their mind and continues to accept Bitcoin - but that will only make him look like a clown. Make more positive tweets about Bitcoin ? I dont think that people trust him anymore that much.

At first when he start accepting Bitcoin payments was he not aware of energy consumption and for his knowledge most of the miners are using renewable sources of energy for Bitcoin mining instead of fossil fuels and he is just criticizing to spread FUD.I was not following his tweets from tbe start but no doubt was happy when prices start to rise.He is business person and his only motive is profit growth.Tesla made huge profits by holding $1.5 worth of bitcoins which they have not made in 10 years by selling cars.Musk is just playing with Market emotions and knows his intentions but we all need to make investment at this time to reverse his actions which will eventually boost btc prices above $40k soon.So just realise the importance of Bitcoin rather than someone else making profits out of your pockets on social media.

This market dump still continues, how big the effect of Elon Musk anti bitcoin announcement?

I believe the price will dump but not this fast, we are just trading at 50k this week and now we are already down trading at $30k+...
I wonder if we will see more dip from now, this is a mess, people are panicking and we might see an early bear market.

So many thoughts right now.  Frankly, I'm tired of the narrative that this is just he way it is and it's all part of the deal.  At some point, this has to stop or crypto will never be taken seriously.

Elon is a piece of shit. 

Crypto was already taken seriously, we would not reach $2 trillion marketcap if people are not serious.
The thing is, crypto is still volatile and easy to manipulate, that has been its norms and newbies are usually the one who will pay for the price.

With what is happening now, bitcoin nearly dump $29k... I'm sure newbies are already having a problem now because they are pancking.

I've also mentioned before that someone should make comparisons between bank transfers and BTC mining prior to jumping to conclusions about Bitcoin being unsustainable. And it's great that research on this topic has been done and is already published. However, it's worth noting that bank transfers also cover way more people that Bitcoin goes, so taking this into account, Bitcoin probably is worse for the environment. What surprised me is gold because gold doesn't function as money anymore and isn't really needed for anything significant, and yet it stands at almost the same level as the banking industry.
And I do believe that Musk tries to consider the environment here, even though his actions aren't fully justified.

There is a lot of crypto enthusiast that are followers of Elon Musk the indicator and manipulator. There are so many people saying that Elon Musk is an Indicator and manipulator which just like his tweets on Dogecoin which we all know that the primary reason for the hype of this coin is due to the tweets of Elon Musk in which many says that the price of this coin always depends on the tweet of Elon. So my thoughts about the Tesla will stop accepting bitcoin in their transactions is because they just want to manipulate the market in which it makes bearmarket.

^ cannot be denied that Elon is one of the most influential in the world, like it or not, there are still many people who follow his tweets. I myself will continue to follow his tweets, but I will still be careful in making decisions, especially when he tweeted about crypto.

The effect of the bad tweet caused the market to crash and according to technical analysis, Bitcoin has dropped to the $30k-$32k support area.
The fix to bring the price of Bitcoin back may not work anymore because Elon Musk's reputation has dwindled. Right now Tesla also owns over $1 billion in Bitcoin, and the price drop is hurting the company's assets as well. This week he is trying to justify the notoriety that the community has blamed on him.

thanks, you clearly understand the real musk

musk  & paypal is enough for me to know he is an asshole

my understanding is he bought in at $42k, and sold out on the way down, he had the paper profit for awhile, but now he's lucky to have escaped without loss, it was borrowed money he used to buy $1.5B btc

they need to reply their  research in elon  musk tweet .
let see if what will be elons reaction but if he apologize and re accept btc again in tesla i guess i can accept it because elon is only a human that can make a mistake and what if he didnt make a proper research by the time he made his tweet against btc.
it hurts but i keep on following elons account to have an idea if what is his next plans in the crypto market .

This is something that I already thought, that Elon Musk really just wants to manipulate the cryptocurrency market by utilizing his capacity which is recognized by 90% of people in the world as a person who can create an innovation.
We should not believe his sweet words, we must continue to fight for cryptocurrency so that people can accept it naturally and according to their respective wishes.
It's very painful, after being accepted as payment is now rejected.

It is possible that with his contradictory tweets about the cryptocurrency, Elon Musk sought to be constantly talked about and discussed, regardless of whether in a good or bad light. But he is now the most talked about person. Otherwise, I can't even understand what he was trying to achieve with his contradictory actions and statements.
Regarding whether we believe in Elon Musk or not, he is not a god to believe in him. We look at his words and actions and can evaluate them, agree with them or not. However, this estimate is subject to change, which is currently happening.

Gladly i not much seeing twitter, but although i open twitter, i never follow what influencer said about crypto. Honestly i'm not resist, influencer, rich people especially people like Elon Musk can easily make people follow him but i am not really affected with it. I just follow stream, maybe if price increased i will grateful, if dump like this, i don't have any choice except hold my coins until stream bring bitcoin price up again. But for a note, me and us don't need to panic and don't afraid to missed the train, we trade with our own analysis.

He's a simulation. He said it himself, and I believe him.

Good for you, as you decide to how you understand the market and not just because of some influencer who dictates the movements.

Sad true! he knows how to play well with those people who followed and believed him, until now even this market is falling there are some who  still believes on him and continue to back him up..


Much better to see them talked about potentials and what might the possiblities in the next market movements.
It should always be that way, invest and trade with your own capabilities, it's much safer than relying to anyone and lose your money.

I want Elon Musks to make another twit that will further bring down the value of Bitcoin.
What falls the price of Bitcoin mostly on Wednesday is after China signal cryptocurrency crackdown.
By stating that Virtual currency (Bitcoin) “is not a real currency” and “should not and cannot be used as currency in the market”, said a joint statement issued late on Tuesday on the People’s Bank of China’s WeChat account, banking, and internet industry associations.

The problem is not whether you follow him and his statements or not. This is just a mouthpiece for those decisions already made in advance that were most likely planned. Without agreement with the board of directors of the company, both the payment options were introduced and its cancellation is impossible. Shareholders must understand what and how. As for the community, it seems to me it's high time to make one correct and logical conclusion about this character and move on without turning around.

No I never did believe on him when the topic is about crypto,
I think he is just another newbie in crypto that happens to be one of the richest man on earth so whatever he says about crypto are being taken seriously by newbies.

I have heard about something also that banking system and gold consume much more energy than Bitcoin. This means that Bitcoin is still a better choice in terms of that. Besides as far as I know, 75% of Bitcoin mining is happening with renewable energies. So, Elon Musk's reason was really ridiculous.

Those are just lame excuses but for sure he did it on purpose on indirect way just because he get bored in BTC and find another place for him to troll on which is on DOGE coin.

There are even rumors on creating his own coin.This man had done soo much noise into this market and regarding into the question if i would ever believe him, then when i do trust up this man?  :D

That's not far from happening, he might create his own because he is so ambitious, and we have to expect that. Now, with all the dumps we are seeing, can we still expect that once he made his announcement on his own, is it going to pump?

If he will make his own that means he will have to leave other altcoins to market his own altcoins, and that means living DOGE from his shitcoin.  :)

DOGE followers will then hate him.  :'(

After all the mess he's caused, I probably really don't want to believe it anymore. He is quite influential because he is a person who previously invested quite a lot in bitcoin and adopted it as a payment system for his car company. That's good because in my opinion it's strong support from big institution. But after all the fact of his real purpose, I think he is just using bitcoin to get more attention for his product "Tesla".

No he didn't do that to showcase his car company since tesla is already known but what really intent on adopting it is for profit, Elon musk sees the potential of big profit for entering the crypto and he see that he can manipulate it and no one can sue him unlike doing it on stocks. So for now he's intention has been exposed better not to listen on him anymore and hopefully other traders and whales will stop following him.

Not sure what is really happening behind the curtain, as the only people who will know it for sure is he himself. But it does look like he's instilling FUD on people so he can buy more. Or it could also be possible that this is due to his Asperger's Syndrome (I'm not shaming him or anything, this is a real theory of mine) that he's doing this seemingly illogical moves.

Tesla is already famous in the world without the need to adopt Bitcoin, so it is possible that Elon Musk made Tesla adopt Bitcoin to generate huge profits
in the crypto world. Elon Musk sees the crypto world as very easy to manipulate for personal gain, therefore we shouldn't be a weak hand which Elon Musk
can take advantage of. Don't be swayed by whatever Elon Musk is doing, because nowadays Elon Musk's real intentions and goals are increasingly open
in the world of crypto. But unfortunately there are still many people who still believe in Elon Musk, hopefully these people will be given awareness
to stop following Elon Musk.

I didn't really understand why Elon Musk wasn't honest about his reasoning for halting Bitcoin payments for buying a Tesla. Because I'm sure that he already knew about Bitcoin mining. But he pretended like he didn't. Then, we deduce that the obvious reason was manipulating the market.

I have not taken elon musk seriously from the beginning. For this reason, I do not follow the things you say or the tweets he sends. but most people blindly believed everything Elon Musk and Elon Musk said. that's the bad thing. Because they believed in him too much, he began to act like the master of this market. I am surprised how quickly he realized that bitcoin was a bad thing or why he made such a change of mind.

When I first heard the reason that Elon Musk showed for his action, I was like "Yeah, it's really funny. Now, tell me the real reason.". However, it was the real reason.  ;D  People like Elon Musk shouldn't even try to make a fool of the investors. This is a serious market and people are losing a lot of money just because someone says bad things.

You still "Believe"(!?) it depends on each person, the interesting thing here and it is verified with Elon Musk is that Global external factors such as Covid itself did not affect its price, but individuals or situations related to bitcoin by population correlation, commercial as China, influence.

It is not new, it is the organic volatility of bitcoin. So the stage was there, the red carpet awaited the arrival of the current price.

The reason that he wasn't honest is because he is a businessman and there is no such thing as an honest businessman and if there ever is, that is probably not the richest businessman out there. I didn't believe what he said in the first place because I have some hunch that it will be just another market manipulation stunt and I was right, the only bad thing that I did was not follow the hype to make some money out of it.

Well there are many speculation roaming around cryptocurrency world today about Elon-musk and we really don't know if this is true or not, whether he did it or not it's his decision but I guess we should give him the benefit of the doubt regarding this matter. After all He's businessman

Whale is whale. With or without us he will remain what he is because he is CEO and billioner man. For me, I don't know what really going on in his mind. Maybe this is just part of the game or whatever for his good. I believe Elon but I never followed everything he tweeted. His influence is incredible.

If he tweets again, then it will be the weak hands that will be affected into buying or selling theirs assets. But also if Elon says to HODL then they will follow too. Unfortunately we cannot prevent people from reacting, however we do our best to tell them the best things they could do in a pump and dump scenario. I think it is best for those who do not really listen to him and not really believe in his crypto decisions to stick to our guns, and somehow influence some people to do it.

The fact that bitcoin was singled out for this sort of scandal is what makes me believe there is more to it than the fossil fuel excuse and it didn't take up to 2weeks after he @Musk and Tesla decided to use bitcoin as a medium of payment and then this. Well, we can't entirely say Musks scientists or researchers didn't do enough research on the fact or were ignorant of the fact that, there are other institutes or companies that consumes lots of energy too.

Anyway, we can't completely put the blame on Elon Musk and Tesla as we are all entitled to our own interpretation and deduction from his tweet neither was it an investment advice. We were all sucked into Musk's perception and involvement with crypto and as such, what he says now matters. Too bad of us.

If a mentally deranged lunatic can cause a 40% crash in Bitcoin prices just using his tweets, then the problem lies with us, and not with him. Panic selling has been the curse of Bitcoin for the past one decade. When will people learn to hold their coins? Look at the charts now. After crashing to $34,000 per coin, now the prices are slowly recovering. According to the coinmarketcap, the current exchange rate stands at $42,000 per coin. But those who dump their coins as a result of panic selling never learn. They will repeat doing that again and again.

I never believed in him even once. He's a businessman with a big name in the business industry so I know that his tweets are for his personal motive. He's manipulating the market just to gain the profit that he wants. If we'll all believe in him, he could manipulate even our decisions. We shouldn't rely our destiny in crypto in just one person.

I will never believe anyone. Yes, I can believe in market satiation. If i invest in a coin by own analyzing, That will comfortable. Even if i lose. But, I will never believe a hype which created by one person.

Agree, be quiet and there should be corrections in the next statements when the community has perceived him as an eccentric and likes to disrupt other people's work, a few months ago he was still happy and supportive of bitcoin as usual, even the community attended the doge party he organized but in a moment he turned into a different person, against what he created. His next statements, if it is constructive and contributes to the value of bitcoin, many people may consider forgiveness and trust back, if he continues to be a freak, he should be ostracized and should live in his world

Elon came out as such a chump in all this. He does not realize how much he killed his reputation by doing all this tweeting. Hopefully he sold all the BTC, and is buying at a loss now...

Well it's related but kinda unrelevant to Elon. I mean, elon is being center of attention regarding his words of bitcoin, of course people will be more concerned with the bitcoin, even if the fact shows that banking consumes two times energy than bitcoin. Other than that, tesla is being famous for being ecofriendly or concerned with the environment. Of course, these two things will clash, bitcoin and tesla. That's why elon must take action, since his action does not match each other. Nothing wrong with that, the fact bitcoin is not quite ecofriendly is right, and that must be the reason behind his act.

I am very happy with the current situation because this is the only way to make people realize that one shouldn't blindly follow others.
No wonder there was a huge panic sell. Most of those Elon followers would have sold while the believers would have bought the dip.
This time though the market recovered at a good pace. Trusting someone blindly is a big mistake and I am sure many of those people would have lost their money.
HODLing is the only way to survive such crashes.

We are in a decentralized market and yet people have the tendency to follow what someone else is saying about bitcoin as if they were following a religious figure or something, people need to learn how to think by themselves especially since this is a market that encourages that, this is one of the reasons satoshi left, he did not wanted everything that he said to be taken as a law and yet some people are following Musk in precisely that way, I jut hope they have awaken as he is without a doubt partially responsible for what it is happening right now.

Following big people's influence isn't that bad but believing in everything they said without verifying on your own is a stupid move. I personally follow Elon Musk but I don't follow his FUD and FOMO tweets. In the past few months, We can see that Elon can easily manipulate the market because of his tweets. Well we can see that Elon is a double edge sword for a crypto user depending on how smart you follow these influencers.

do not trust anyone including elons Musk, but believe in the technical analysis made.
Many FUDs are often done so that the price of bitcoin has fallen as it is today.

Current prices are really bad. Price crashes like today can be known through technical analysis, so technical analysis is very important rather than having to believe other people's tweets. Technical analysis is an absolute method that will occur in the market by attracting several lines of support and resistance.

Not him but us I agree to that statement! If there's none to follow him from each tweets he made then this venue of investment will continue to move up strongly.

It's really the problem since there are people who rely with someone and they are being quickly moved by influencers who claimed to have deeper knowledge from this industry.

Better to keep away from this kind of people to have a healthy invesment journey, success rely on you and not from somebody else.

Well.. it is a problem. Elon Musk has hardly any knowledge about how cryptocurrency works and yet he has enormous influence on the prices. If Bitcoin moves up or down by 20% every time he tweets, then the institutions will never seriously consider about adopting Bitcoin or integrating it to their platforms. So first of all, we need to devise a mechanism to prevent such manipulation of the Bitcoin market by influential people like Elon Musk.

Well that case has always been there for some time now that Bitcoin does not consume as much energy as claimed and I believed that Elon Musk knew this but I guess that was his best approach to Fuding the market so that he can make more gains from His investments in Bitcoin. I was never a fan really but this just made me less concerned about him.

It's a well known fact that the banking system consumes way more energy than the Bitcoin Core blockchain.
But the banking system has way bigger scale and it's accepted globally.If Bitcoin was as adopted as banking services,the energy consumption of the blockchain might be way bigger than now.The BTC price might reach 500K-1M USD,so mining will be profitable and way more companies will start mining BTC,which will lead to more energy consumption.
However,this doesn't change the fact that Elon Musk is a massive FUDster. ;D

I don't really trust Ellon Musk the way he pumps BTC before with his tweets and he can obviously do the opposite thing which will put the majority of BTC holders at disadvantage. He's a businessman after all so we should never trust anyone no matter how influential he is, and always do technical analysis to be a basis of what decision you should make.

Now that we know his actions towards crypto, he deserves nothing but to ignore.
He is purely a FUD, he is joining crypto just to ruin this community. He takes the benefits, creates panic, and then manipulates the news.

What I could see to him is that he is full of illusions and imagining a thing that seems to be impossible. Maybe he receives some credit outside crypto but it was different in here.

I'm still reading his tweets to get some information but not because I follow him.

As a newbie in the area, Elon Musk tried to experiment how and what is the capacity of reaction of Bitcoin. Now he knows what Bitcoin is! This experimentation didn't bankrupt him but made a significant damage in his popular image when the subject is virtual coins. I hope he has learnt the lesson and from now on his behavior regards Bitcoin should change to assume at least a professional relation with instead of playing like a kid when lifting off his first rocket. Today he needs to retreat himself from this community if he wants to be able to go to mars!

I couldn't believe how he could show that as the reason for this action. You are Elon Musk, there is no way that you didn't do a research about Bitcoin mining before investing into Bitcoin and starting to accept Bitcoin payments.

That's right, Elon just made a stupid mistake to justify his manipulation, now people know, his reputation will be destroyed in crypto. Meanwhile, have you seen a new price dump just an hour ago? I heard it's not about Elon, it's China cracking down bitcoin again.

https://fortune.com/2021/05/21/china-ban-bitcoin-price-bubble-crypto/

now our enemy is Elon and China.

have no more reason to trust Elon Musk, Elon Musk is the enemy in the blanket ,, he slowly approached bitcoin, finding out about the benefits he could get from bitcoin, then he invested in bitcoin, after he succeeded in bitcoin and made a lot of profit from it. bitcoin, after that he moved to another, and started tweeting the negatives of bitcoin

Most of the investors who followed Elon musks tweet and buy some bitcoin and hold them, they are now in bad situation. I saw a reply in Elons tweet, a random person reply that "My wife leave me for buying Bitcoin because i sold my car and property for buying Bitcoin and now bitcoin Price decrease a lot." This is really sad. So now i have Elons tweet and I unfollowed him. I recommend every Crypto investors unfollow Elons and invest by your own research.

Elon musk can change market for a time. But that's not permanent. He invested to gain profit. And he did it. I think it’s better to ignore elon musk. Previously, Some traders got liquidated by following musk tweet. Cryptocurrency market depend on all traders, Mostly in popular cryptocurrency. And BTC is top one. So, I believe BTC price will increase a lot in future. And it can happen any time.

I dont like he knows nothing about crypto . I advise everyone dont trust Elon Musk . BTC go to moon very soon.... just need hold .

My views on him have been crystal clear since the day he started talking about crypto. (actually even before than that)

He was fucking around and having fun then and he still does that now today. Nothing has changed.

Too bad he fooled so many crypto people and made people think that he is their Jesus.

I have never been a fan of Elon Musk,  I only knew him as a rich dude, and this was as a result of his recent encounter with btc, if not for his btc involvement I won't even know him, I can not base my crypto investment in the hands of such person, that is a very bad design

He's known mostly because of Tesla and we have seen lots of news and events in regards with Tesla achievement and other things and he had able to claimed out to be the richest man in the world
which who would be the one wont be knowing this man unless if you are out in finance news or market then you wont really be that much aware and now he had set foot into crypto
market which i can say that he could really make out some significant changes into his appearance and since this guy is financially capable no doubt then he can stir up things if he wanted to.
We have seen on how he had u-turn from pro bitcoin and now its totally opposing on it which is really not a surprising move imho.

From the first time, I never trust Elon or even inspired by him.
I am wondering why so many people are triggered by what he tweets, influenced by whatever he said, and following whatever his decision. Moreover, if we are looking at his followers and also new people in the crypto world, sad to know because they are only followers of Elon with sometimes panic decisions.
You know, I never trust or want to care anymore about what he is saying or tweeting.

ELON is just a symbol of manipulation, from the starting of his tweet about bitcoin and it's purpose, I thought about his greatness on exploring bitcoin to the world, but suddenly, he makes use of the opportunity to manipulate market for his own benefits, this behavior just shows how ELON is childish in thinking, his attitude towards market is showing obviously, I don't him anymore.

I did not follow Elon Musk's tweet from the beginning, I think it's bad enough, because it's just a meme coin, he wants to make it the main crypto, I don't think it's going to happen, It's a risk to follow it, some of my friends also bought doge above. Very bad for following Elon Musk.

If you check his tweets, you can see a clear pattern. It is not that he made all those tweets instantaneously. First he made tweets praising Bitcoin, which made tens of millions of Bitcoiners to rally around him. Once he got their attention, he disowned Bitcoin saying that it is not energy efficient. And then, as per the plan he started promoting Dogecoin. Whales made tens of billions of USD from Dogecoin. Now I don't think that Elon is done here. He will be back with his manipulative tactics, and we need to be prepared for that.

Elon is even worse market manipulator than McAfee. I cant understand why there so many fans of him

I lost too much money on elon musk tweet...
But I will again focus deeply on his tweet because he is a richest person.

It may not be entirely reasonable to make a decision based on a particular personality. Naturally, when a particular person or organization provides a  Positive analysis on a subject, its acceptance among the general public increases greatly. But it must always be borne in mind that there are certain interests involved in this consideration and that he will strive to achieve them. And as a business personality, Elon Musk will always put his business interests first and this is normal. We know that big investors always try to manipulate the market and thereby get more profit out of the market. So it's not always fair to blindly believe in personalities like Elon Musk.

What's wrong with you man? Can't you think for yourself? I know that you are just trolling but stop this kind of thing because it promotes a sheep mentality. And I don't like that we are still not thinking for ourselves in 21st century.

 Well, I want to tell you that I trusted Ilon Musk and earned an impressive amount of money thanks to his tweets .

our enemies are those who think Bitcoin is a joke...

Elon and china are proven to make Bitcoin as a joke, they make good and bad statements about Bitcoin with ease. maybe there will be a new statement from them about Bitcoin whether it's bad or good, we won't believe it anymore.

It is not so hard to understand. Not so long ago all crypto people were cheering for him while Elon was pumping their bags. Now they don't like him because he is dumping his bags on them. :) And there are people like that never liked Elon regardless of what he was doing.

McAfee too, both suck.

I don't believe in what Elon Musk said, I just believe on myself ;D Anyway, it's not good to rely on others word like the tweet of Elon which is full of FUD. I don't think why people believe that person, which always made a bad statements for bitcoin.

Elon Musk has become many people's enemy from now on. His actions were really meaningless and he didn't have a sensible explanation for all of this. This made many people get even much angrier with him.

In the first place, Elon Musk is one of the known personalities, he is a rich, and business-minded person. It is not unusual to see that many people got his attention when he joins the crypto world but somehow, we are really disappointed thinking that he just ruin the market and even tried to manipulate us. That only I find why the majority hated Elon but couldn't to wonder that many were still believing him despite those unrealistic talks that he made.

Well, I'm also the one who hates him, if he will change his behavior and give support to crypto, maybe this could be changes.

For me, Elon musk is the wealthiest crypto noob and it's was very dangerous if this kind of person purchase on crypto

So after he had purchased some bits, better to fasten your seatbelt as the chart will be not same anymore and it's happening like now!

How long can he play with the crypto space? It's just a matter of time before people will not anymore follow him. He can't manipulate the market all the time, people will learn and they will be smarter over time, so he better enjoy what he is doing now because it will not last long.

by the way, welcome back @izanagi narukami  ;D

Only stupid people who still believe with this clown, to a rich man like him it just seemed like a jokes to him.  I'm sure after he talked badly about bitcoin, many people realized that he only trolling all of the crypto world.

That's right, unfortunately, people still panic and we can clearly see that now.

Hopefully, everyone has already realized and will not be fooled by his tweet anymore, he is pro bitcoin, which's good, but shilling on a meme coin like DOGE, I think that is unacceptable.  If that DOGE which is sitting at the number 4 in CMC now will drop, a lot of lives will be affected as some of that are the money of the newbies just blindly following him.

Elon Musk has been shining in the crypto market as TESLA buys $1.5 billion in Bitcoin and accepts Bitcoin payments for its electric cars. Soon after, he kept tweeting about DOGE and ended up stopping accepting Bitcoin to protect the environment.
He is discrediting himself and driving TESLA into a stock price crash since he tweeted about stopping accepting Bitcoin to buy TESLA cars. We don't know how many Bitcoins were sent to buy cars but the effect from that event was heavy.
In recent days, although he has patted the community, it seems to be ineffective. The loss of confidence in Elon Musk also makes the market one less market disruptor. That in my opinion is good.

It is going to be difficult for Musk to keep this level of manipulation simply because people are not that dumb, they see that following his tweets has produced terrible results for them and good results for him, so why you should keep following a person that is only looking at his own interests? So I think people are waking up to the truth and are seeing Muck for what he really is, a billionaire and one of the richest persons around the world that is not above crushing other people to get what he wants.

There is no need to trust Musk. From the beginning, I thought he had his intentions behind his tweets, such as promoting the skyrocketing of Dogecoin, and supporting the use of Bitcoin to buy Tesla. The price of Bitcoin is higher. Although I don’t trust him, I did not maliciously treat him before, but recently his performance is offensive. Don’t care about what he says, he will lose his influence in cryptocurrency.

I don't believe in Elon Musk. He's a businessman. He's a mercenary businessman. He may not understand cryptocurrency, just to make money.

If you trust him, you will have nothing. He will only consider his own interests and will not benefit us.

My personal opinion is that anyone who is really concerned about their finances and wants to succeed in investing - should not follow and do what anyone tweets on the Internet. Or at least not before he did his own research on the information in question from this tweet.

People who have a huge number of followers and have a lot of influence over the masses usually do everything for their own benefit and manipulate people, and cryptocurrencies are one of the things that is influenced by a hell of a lot of speculation and manipulation.

I agree but this was going to happen sooner or later, people of this day have the tendency to follow their favorite artists and people and do whatever they say without even thinking about it, they let themselves be guided by people that do not have their best interests at heart and when this is the case then it is obvious things like this will happen, I just hope that people learn their lesson and this never happens again to them because if it does then I do not know what are they doing in a market that is supposed to be about being completely responsible for your own money.

We can't blame people like Elon Musk cause they don't have adequate knowledge about crypto currency, he only believe what he was told or read from an experienced people, we can use the moment before he invested in Bitcoin as example. It was the Microguy CEO that adviced him to and even said that he's just an engineering in one of his tweet but despite that some people still sees his tweet as investment advice and the reason why he believes Bitcoin mining increase fossil fuel usage is because of the hype/fud article he read about Bitcoin.

One mistake is enough not to follow influencers like this person, if you wanted to progress with this business you need to make a way for your personal development,

Instead of listening to anyone and follow them blindly, it's better to read and do your research. Influencers mostly have same goals, they are here to benefits from how they see the sentiments of people who followed them.

Lesson learned but not the reason to regret but to push your opportunities in succeeding from this investment opportunities.

Firstly I followed Elon musk announcement but recently I already lost more than $6000 following his announcement. I don't like Elon musk at all. He is the villian in cryptocurrencies market.

But that doesn't mean that you have to be a fanatic of this personality, he's a businessman like any other out there and no matter how much we protect his image for him, every businessman shares the same trait and that is selfishness. They don't care about you, they all will have their interest first before anyone's interest. You are right that we shouldn't blame Elon for losing our money but it is also wrong to be a sycophant for some billionaire.

Gentlemen, the rich only care about making more money. That's why they don't care about the environment or the world. They just want to make more money. So none of them are reliable for me.

And they don't care about their image and reputation as their goal is to make money no matter what will happen.
How I wish that we already his intention before he enters crypto space and before he shill Dogecoin so nothing had to fall on his promising speech and tweets. It too unfortunate that it going like this but as we have said, rich people might have a greedy soul and they will take advantage of his power over the poor people.

We also remember on how Musk shill Bitcoin and after he earns with it he already dump and spit some bad word unto it so it will not a big surprise if he will do the same with Dogecoin in future, so for holders they shouldn't trust what elon says since for sure we will not know the date when he will dump his coins we will only know this once he already count his profit on hand and fud it so that he can buy another cheap coin again.

Exactly, these people are still idolizing these people not knowing that these people that they idolize doesn't even know that they exist, I think it's been a long time coming that we should stop patronizing these people who get a kick out of being praised by stupid sheeps, the moment that we stip doing this stupid thing, we will be one step from upsetting the balance that has been plaguing the humanity for generations.

Sometimes I wonder if people do not really take the time to think about what they are doing, the name of their profession tells it all, they are influencers, they are supposed to try to make you change the way you think and change you in a way that benefits them, I have no doubt that Musk earned a fortune as I think he sold his coins but the only way to prevent this to happen in the future is if people develop their own strategies and forget about people like Musk that only care about themselves.

We should not care about Elon Musk anymore, basically we will be used by him for something he wants, but still there are still many communities who care about him even I still see a group of communities wanting him to act again but in the conclusion don't know what what he wanted even though Elon's plan was even more sinister if he dirty bitcoin again with his FUD.
Elon is a big businessman with a strategy that has been planned so he already knows what to do to get big profits so bitcoin is a business tool and then he will repeat the same mistakes again.

Elon Musk has its own goal when he entered  crypto as much as we also have our own. And since this crypto market gives freedom to everyone to engage in, and so Elon Musk feels it the same way.

I think it's not bad to follow Elon Musk's tweets so we will also be aware but it's up to us already if we will still believe in him or stick to what we believe from our own deep analysis. Elon Musk is one of the big whales in crypto and whether we like it or not, he'll always find ways to manipulate the market in his own advantage.

Elon Musk is an established businessman so I think we should not give so much importance or priority to his any good or bad prediction so even we need to all boycott this guy. he is not one to control the crypto market don't follow his prediction.

Maybe not a mistake. Elon already has a strategy with some of the tweets he made. The profit that Elon gets will be even more with the several FUDs made.
Elons is a savvy entrepreneur who can influence cryptocurrency prices so quickly with just a tweet he posts.

Some groups may no longer believe in Elon, but other groups still strongly believe in even following Elon's every tweet. Elon Musk's influence is still huge and it's being used to profit from every single one he tweets.

Everyone must have their own goals when entering the crypto market, if we look at what Elon Musk has done so far, by manipulating the crypto
market through Twitter. I believe Elon Musk's goal is to make big profits from cryptocurrencies. Because everyone knows Elon Musk is a smart
person behind Tesla's, and he managed to get a very large profit from Tesla. Then Elon Musk will also do the same with crypto, because he is
a famous person and a person who has a lot of money. No doubt his influence is huge and based on what he has done so far in the crypto world,
I choose not to trust Elon Musk anymore.

I have not followed his twitter so far, why because it will affect all my analysis and thinking... He only plays with the market and our emotions by thinking only of himself. I know that we are only small investors compared to him but he has to think of others because we work hard just to earn money....

I believe Elon is a great businessman with a lot of talent for building and scaling groundbreaking ideas. I will follow any venture he himself is building and would gladly invest in it if possible. He is however not an expert on each and every topic.

He is and will remain the god of crypto memeland for the foreseeable future. As for more mainstream crypto - anytime you pump a coin based on the words of Elon or anyone else, you incur a debt. Elon or any influencer can call it in at any time by saying something opposite. I think the willingness to incur these debts from influencers should decrease over time.

Yeah i still believe in this dude…
can he just leave us alone… i think he did enough already. Stop tweeting. Go build
rockets Elon.

Elon Musk just created that statement just to create FUDs to weakhands investors and to create a dip which can lead him to accumulate once again Bitcoin in a much cheaper amount.

Elon Musk is a great leader and also intelligent/cunning individual and with his tweets, he can influence the market and he can make a profit. I am not sure if he sold his investments which he made earlier but surely his every action has some importance and if anyone can figure out his real intention it would have been great.

Obviously, if this was so easy most of them would have been sitting in a position like Elon Musk. Just to be clear, even I was pissed off with his tweets which pushed it up and pulled it down but there is something that we are unable to figure out but obviously, I have some intuitions that he won't let crypto industry die for sure.

I have two assumptions about this. His wife, Grimes, channeled funds from her NTF company to tackle the carbon footprint of crypto. It was obvious that Musk would join this activism one day. However, he does not sell his Bitcoins and is still pumping Dodge - this is a bit hypocritical.

I expect him to continue speculating on the price of Bitcoin. And now is a good time to buy currency cheap. In a way, it's even fun to watch it like a TV show. His reputation starts to suffer from this and sooner or later it will end badly for him lol

I have always thought people should do their own research and make some attempt to verify what the "experts" and "influencers" are saying before blindly following them.

Obviously Musk has been very successful financially, but that does not mean he is always right or that everyone always agrees with him. i.e.

During a recent Bloomberg TV interview, Caitlin Long, the CEO of Wyoming based digital asset bank Avanti, stated “There is really no difference in the ultimate energy use between proof of work and proof of stake. I had to laugh out loud when I saw Elon Musk’s tweet today.” https://ecoaction.io/laughing-at-musk-talking-out-of-your-a-award/
and
https://mattelston.com/2021/03/24/teslas-bitcoin-folies/

I think a lot of people still believe in Elon Musk. Evidently several times he corrected his tweet, making some coins which he said increased in price. Although not as radical as the first time he wrote his tweet. Right now I'm just trying to take advantage of the moment. I no longer dare to hold the coin for long, if it is profitable according to the target or technical then I will tend to leave. To believe I still believe he is able to move the market but that has decreased because I think he is fickle. You understand of course.

I don't Believe In elon Musk and why we believe him? He has nothing any Knowledge about Crypto.. he is just a shiller ... Dont know when come in crypto and start shilling doge ... He is nor doing good for crypto Industry ... Its totally unfair ...we have to stop follow him.

many say they don't believe in Elon Musk but I don't believe what they say I still believe in Elon Musk even though now many say Elon Musk is no longer influential but for me Elon Musk is a very influential person in the crypto world he has a lot money and he can change the market with a tweet.

He isn't just a shiller. Not anymore. He owns thousands of bitcoins and millions of doge and that makes him more than just a shill. He is a big player now and his words/tweets can move the markets. The sooner the people accept this fact, the better it is for everybody. Otherwise you will forever keep crying. If you can't handle the non-regulated markets, maybe you should go back to stonkz.

hello sir, I think it's just Elon's gibberish so that bitcoin continues to fall and Elon might take a little profit there, we see that the tweet that Elon conveys is just a back drama, it can't be denied that Tesla currently consumes more energy than bitcoin

Everything is a drama about him, we just have to figure out the effect of bitcoin price in every tweet he will make. If you follow Elon, you are just playing with him, and you'll likely lose in the long run, better to take an in-depth analysis with some real basis than just mere speculation.

very reasonable as you said, he should respect us who are struggling to make money, but that's rich people, most of them are average all selfish, never want to think about other people's feelings,, they don't care about us lower class, who is he just looking for profit, so he can increase their coffers of money...

he is good at using his followers to be able to give suggestions so that what he wants can be followed, then he will get a desire that has been calculated carefully. but the problem is that there are still people who believe that and make more fatal mistakes. but don't give people like this the opportunity to influence other people.


The character of an entrepreneur is like that and we cannot blame the actions taken because that is his job to seek the greatest possible profit in any way. the problem is that there are still a lot of people who are controlled by it and make mistakes the way they want to. This is what makes things uncontrollable. they should continue to be able to control myself more and not immediately believe what people say like that.

I wouldn't believe Elon Musk very much from my friend, maybe even I was also affected by a tweet made about posil fuel. And in fact it's wrong, Elon Musk also has a bad influence in bitcoin, he does not seem to have any intention of supporting bitcoin, therefore he is trying to break bitcoin. Or maybe he wants to buy it downstairs. But whatever it is I no longer believe in him.

---

I'm sure behind Elon Musk there are also people still kept secret, because Elon Musk is not enough to make a damaged market, as for example a bunch of whales did plan to sell when Elon Musk did FUD, so it has an impact on people who are new to the cryptocurrency world. And now they really hate Elon Musk.

[moderator's note: consecutive posts merged]

I think Elon Musk has a purpose behind this he gives false information in the market for his own benefit. It is not right for any of us to believe Elon Musk  twitter account has broken the deal twice so it's hard to believe if Elon Musk tweets about the amount of production new products and financial aspects of the organization.

He's a billionaire,he's really good at business. But with bitcoin and crypto.He's just playing around with people, he wanted to take his influence to control market to his profit. Don't follow his tweets, It costs us more than we have. It makes we lose more than we have.

There is no doubt that he is still influential whether he still has coins in which he can make the market go down even more or if he sold for fiat then he has even more fiat to invest in the market and move it up, however when people say that he has lost its influence it has to do with the free influence that he had with his tweets and that could move the market without him moving a single dollar, I really think that influence is over and I am glad that is the case.

I never believed in him and I was  not following him. I don't understand why some people give him to much importance. You should make your own business decisions. Decided where to invest not because someone told you to do so..
Elon Musk made profit and left the boat now forget him.

i dont beleive to him at all. all his tweets lead to chaos in the crypto market

Who in the right mind that who'd believed Elon Musk tweet or reason why they pull out in bitcoin. That is obviously just some shits, Talking about fossils fuels? Seriously? I mean who would believe that, that is just some big market manipulation right there.

Fossil fuels and heat is something that Elon Musk already knows, Before even getting or investing in bitcoin, that is just obvious, Tesla accepting bitcoin as payment? The number one company? And then they suddenly tell us that they were concerned about fossil fuel? Buts it's obviously unbelievable.

The market manipulation just ended because of his greed thinking that he could manipulate the market now that the people already know and sick because of his game I think tweets are not going to work out anymore for him.

Elon Musk tweets and statements were closely followed by the traders than any others. This is because of the ability Elon Musk have got to manipulate the market. Traders often used to praise Elon Musk, because whenever he makes statement/tweet the market bounces high or crashes hard. Traders who had predicted precise get the chance to make good profit.

Elon Musk told the truth that bitcoin energy waste is becoming a global problem.

Bitcoiners don't like to hear the truth calling it fud as their cult mentality demands.

Governments of China, Iran, & New York are not banning bitcoin mining because of fud,
they are banning bitcoin mining, because it is endangering their power grids and consequently the living people in those regions.

If you can't see that this is the reality and not fud, then you dear friend are an idiot.

Bitcoiners options are

1. Convert to Proof of Stake (Like Ethereum Devs)
2. Worldwide limitation and regulation on the number of ASICs and locations that are allowed to mine.
3. Design and convert to a New Proof of work system that is not wasting energy on a global scale.
4. Do Nothing and with increasing Government bans, BTC price continues to fall until worthless, and all mining ends.

If Bitcoiners can't choose, others will.  :)

FYI:
Instead of waiting for Bitcoiners that have been ignoring this energy waste issue since 2013,
I made an easy choice  and sold all of my BTC and went with Cardano ,
Cardano the 3rd generation blockchain based on the Energy Efficient Proof of Stake
is the only choice for someone that wants cryptocurrency to exist and be useful and protect the planet and it's people.  :)

From the little experience am having and from what I just notice I don't really believe elon musk is really have any concrete reasons why he is not accepting bitcoin again Elon musk just came into cryptocurrency just to manipulate things which he has successfully done but I believe by now nobody will really follow his tweet again because we are trader and anybody that don't like bitcoin or cryptocurrency don't also like us. I can never follow Elon musk Tweet again.

Elon Musk turned out to be the troll of the year and he is taking care of the void created by John McAfee after his arrest i presume  :D. If you look at his overall position he does not need to do anything as he is already in a good position and there is no point in creating this big constraints which means he is doing all these on purpose and i have no idea behind his motivation.

These are bullshit reason to manipulate the market valuation and he knew exactly how to make money during a pandemic and when his company is suffering from chip manufacturing issues because of the lack of availability and he just found a market to make a quick profit for him and his company.

Surely people are now done listening to Elon Musk's tweets since it's obviously a pump and dump, I don't really listen to his tweets since it's really risky but sometimes I just like to gamble some of my extra money.

I just don't know why people go all-in into cryptocurrency and invested depending on Elon Musk's tweets, When I first started in cryptocurrency the most common advice was to invest only what you could afford to lose.

It is just so pathetic for people to blame it all on Elon Musk, I've seen a lot of tweets where they blamed Elon because they invested everything in DOGE coin. I guess these people are just newcomers where they just not used to see the market dumping since at the start of 2021 the cryptocurrency was just so hype when we see the market just continues to pump and only a few dumps in only a small percentage. I've learned my lesson back in 2017 so I always take profit and invest as little risk as possible.

Also, the dump of bitcoin doesn't mean anything and for me, I consider it normal and healthy, When the market price continues to get wild when it surpasses 20k$ and skyrocket to 60k$ I already expecting a big drop, greediness could really be a thing especially if you want a big profit, but at that high price its already so risky, especially if the pump was just caused by Elon.

 It's no exaggeration to label Tesla CEO Elon Musk as a "real influencer".
It's hard to deny that anything he tweets through his @elonmusk account, will have an impact on market conditions, including tweets about cryptocurrencies.

Since the end of 2020, Musk has tweeted several times about cryptocurrencies that have made the price of bitcoin and others fluctuate. Starting on December 20, 2020, Musk tweeted "bitcoin is my safe word".

Lennart Ante, a researcher from the Blockchain Research Lab in Germany, noted that bitcoin prices fell 1.7 percent after Musk's tweet.
so we can't assume that Elon Musk can also influence the bitcoin market, is this just an opinion or real, we are waiting for the next tweet whether Elon can change the color of the market

The reason why Elon Musk can influence the market is because many traders follow Elon Musk's tweets. I see Elon Musk is so adored by many
people, especially after Elon Musk told that Tesla invests in Bitcoin and Tesla accepts Bitcoin payments. Lots of people are affected because of this,
it turns out that Elon Musk did it all to make the price of Bitcoin go up, because it looks like Elon Musk does own Bitcoin. But not long after that
Elon Musk changed drastically by spreading FUD regarding Bitcoin, it seems that Elon Musk has already taken profit when the Bitcoin price reaches
the ATH price, now Elon Musk wants to make the Bitcoin price fall. From all these incidents, how can I trust someone like Elon Musk who turns out
to be selfish.

I never believed him. I was suspicious of him from day one Yes, I started to understand him better when he used to do good tweets for bitcoin. But then suddenly I don't know what happened and he changed his attitude and started FUD.


No, he is not credible! he is talking about bitcoin while his tesla company is not building environmentally friendly cars. Double standard

For the innovations that have been successfully developed, I salute
For his hard work in building his company up to now, I salute

but in crypto he looks like a kid, making a lot of people sneer at him
To anyone, I hope you don't believe Elon's words when he says something about cryptocurrencies especially Bitcoin

We Should follow his Tweets?Meaning that you are following his tweets if then? hahaha No I'm not and will never got to that system

because from the very beginning I already Knew what's elon is all about and i  have seen this coming mate and i am not wrong all the while that He will only make shaken in our precious market.

My attitude to the activities of Elon Musk is not very positive. This is due to the fact that all of his companies and products look very dubious. Also, Tesla is not an innovation at all, but simply taken old technology and wrapped in a beautiful wrapper. The same SpaceX and flights to Mars, the launch of Tesla into space, and now the attack on Bitcoin, all this tells me only one thing, that you cannot trust Elon Musk. Perhaps he is like an ordinary person and good, but as a media person, he is not independent and probably promotes someone's interests, but not the interests of the community. I may be wrong, but this is how I see everything at the moment.

Well he is indeed a great businessman but for me he is not a good influencer .
And lets not help this man manipulate the market.

Correct if we keep following then what will happen to us? We will live in space of pure manipulation. We should remember that Elon Musk doesn't care about people he only care about his pockets so better for us to move on from him so that he cannot create more damage to the market. We already overcome the influence of Mcafee and for sure this time we can do it again.

At the very start, I don't believe in the statement of the people because at the end of the day the one who keeps the decision is mine so I don't believe in Elon Musk but again he has the power he can easily manipulate the market instantly.

Even the market price of the Bitcoin drops because one of the posted still there are some people trusting his decisions which because more problem to them and now they are already stuck up because of this Elon musk statement.

Anonymous group has send Elon Musk warning for drowning small investors money with his crypto tweets.
I hope they hack some of Elon social media accounts and teach him a good lesson :D

I am a bit afraid of hackers taking over Elon Musk twitter account. What if they release another doom message and send bitcoins another 20% down? I think we need some month of calmness in the crypto world to recover. It would be nice though if anonymous could expose Elon Musk with his manipulation in the crypto markets. I am not trusting him anymore.

Back in the days , I almost give full respect with this man specially when the Tesla finally accepts bitcoin .
But what he does recently took this respect for him and brings me to hate the man more than i hate John McAfee .

There isn't much difference between the two. Both work solely for their personal gain.
Both seem to go completely rogue once they have what they want. And both are relentless in their pursuit of the upper echelon of power.

Indeed, there are many similarities between Elon Musk and John McAfee, so it is not surprising that both of them are hated by the crypto community.
It seems that the two people have blinded the eyes of his heart, to not have the feeling to do things that harm a lot of people for the sake of getting
money. Even though both of them are financially healthy, greed overwhelms them, to the point of justifying any means for personal gain.

I think that the people from the "anonymous creative unity" were right and Elon Musk is very much abused for personal gain, so I have ceased to be guided by his opinion :(

Then tell us now if you believe it will happen again?

bullish tweet from this person?

then you already says you will never believe this one   ;D

I don't understand people, what's there to believe? He is just a man (if you can call him that) and not the savior of the world. There is no reason to believe in him.
Whether he is bullish or bearish, he does it for his own benefit. So, no matter what he tweets, we should do the exact opposite.

sometimes we also have to be able to understand what they do because they really aim to enrich themselves with the power they have, namely followers who are sometimes too loyal and don't analyze all the effects so that their actions are also detrimental to themselves as followers.

so he should be able to sort out if it hasn't happened to him yet, because people like @elonmusk are aiming to profit from what can provide misleading sentimental news, so that many are complacent and @elonmusk can get what they want.

this should not drag on and should be stopped immediately with the trust of investors to not immediately believe what is said but analyze properly, this kind of behavior makes things not good for the future of crypto.

That's just an excuse for him get people away from crypto so he can buy more

i write that dont beleive to him at all. all his tweets lead to chaos in the crypto market