How high u rekon it'll go if Elon tweets right now that Tesla is accepting btc?

[iram3130]

It might take the BTC price above 40k and that will be max. Most of the investors have understood Elon's mindset and games. Some might fall into the manipulation trap and buy the market but it will not be like what happened previously. The market is in correction mode and at this point it will be harder for anyone to move the market up with a single news.

[Chato1977]

I think BTC prices have been following Elon's tweet recently. He said Tesla will no longer accept btc and btc instantly crumbled down almost %50.

And it's not only btc. Everyone knows by now DOGE's phenomenon. Went but %21,000, thanks to Elon.

So I'm wondering, what if he tweets rights now "we are back accepting btc as a payment method". Or, more realistically he names a crypto currentcy no one looks at, sitting in the back all lonely and sad talking about "no one wants to play with me" and then comes along Elon and mentions it's name and all of sudden it's a superstar everyone wants to get a piece of. Would you too? You waiting on a tweet?

I don't think that this will give good effect again because Bitcoin already hit a bad reputation in connecting to Elon Musk name so whatever this traitor makes releases or tweets ? it doesnt matter because people will invest on top of their mind but not because in Elon's connection.

[maydna]

I think BTC prices have been following Elon's tweet recently. He said Tesla will no longer accept btc and btc instantly crumbled down almost %50.

And it's not only btc. Everyone knows by now DOGE's phenomenon. Went but %21,000, thanks to Elon.

So I'm wondering, what if he tweets rights now "we are back accepting btc as a payment method". Or, more realistically he names a crypto currentcy no one looks at, sitting in the back all lonely and sad talking about "no one wants to play with me" and then comes along Elon and mentions it's name and all of sudden it's a superstar everyone wants to get a piece of. Would you too? You waiting on a tweet?

I don't think that this will give good effect again because Bitcoin already hit a bad reputation in connecting to Elon Musk name so whatever this traitor makes releases or tweets ? it doesnt matter because people will invest on top of their mind but not because in Elon's connection.

Perhaps, if Elon tweets about accepting bitcoin for the payment for Tesla, that can lift the bitcoin price increase. But I doubt that bitcoin really needs that because bitcoin is not just for Tesla, but many businesses can use bitcoin for the payment system.

Perhaps, now the trend will be Elon, but I don't think that Elon will still dominate his power in the crypto market. People will see that Elon is just another puppet that influences the crypto market, and there will be many more Elon in the crypto market.

[Wexnident]

I don't think it's gonna happen again. It was already used once, hardly doubt the market would accept it again as a reason. It may rise, but only by a bit, I suppose. But honestly, the BTC market could live on its own without the influence of Elon. And there's honestly little chance of it happening, otherwise, he'd most likely be considered as pretty inefficient in making decisions or whatnot, that is unless he makes another excuse just like how he used BTC mining costs as a reason to pull BTC out.

[Oasisman]

Elon would look like a fool if he reverses his decision in such short time yet again. If Tesla will start accepting BTC again, it will happen after a few years minimum. And Elon said about enviromental concerns, which means that until people won't stop saying that Bitcoin mining consumes too much dirty electricity, he won't be able to return to accepting BTC without facing criticism.

Exactly, and If he immediately take back what he said about Bitcoin mining's energy consumption after he talked with the Bitcoin miners in North America about the renewable usage of energy, he'd obviously tagged as a market manipulator (which everyone knew about already).
Remember, once this plan about renewable energy usage works, he will definitely re-announce Tesla accepting Bitcoin again right away.

[davis196]

I think BTC prices have been following Elon's tweet recently. He said Tesla will no longer accept btc and btc instantly crumbled down almost %50.

And it's not only btc. Everyone knows by now DOGE's phenomenon. Went but %21,000, thanks to Elon.

So I'm wondering, what if he tweets rights now "we are back accepting btc as a payment method". Or, more realistically he names a crypto currentcy no one looks at, sitting in the back all lonely and sad talking about "no one wants to play with me" and then comes along Elon and mentions it's name and all of sudden it's a superstar everyone wants to get a piece of. Would you too? You waiting on a tweet?

I don't care about what Elon Musk tweets,but there hundreds or even thousands of people,who are waiting for him to point at the next "shiny object",so they could start buying.
I'm sure that Bitcoin will return back to 60K USD,if Tesla accepts BTC payments,but it doesn't matter anymore.If Tesla doesn't pump Bitcoin,something else will pump Bitcoin for sure.
The vast majority of the crypto traders don't care about Bitcoin,dogecoin,shitcoin or whatever.
They just want to buy low and sell high.

[rahmatrf331]

It might take the BTC price above 40k and that will be max. Most of the investors have understood Elon's mindset and games. Some might fall into the manipulation trap and buy the market but it will not be like what happened previously. The market is in correction mode and at this point it will be harder for anyone to move the market up with a single news.

That's right, they have to think 100 times. Just one piece of news will continue to skyrocket like a rocket. i guess it will take some time to fix the fallen market, although elon will say tresla accepts BTC as payment.

I'm sure btc will return to normal in the not too distant future.

[sana54210]

I don't care about what Elon Musk tweets,but there hundreds or even thousands of people,who are waiting for him to point at the next "shiny object",so they could start buying.
I'm sure that Bitcoin will return back to 60K USD,if Tesla accepts BTC payments,but it doesn't matter anymore.If Tesla doesn't pump Bitcoin,something else will pump Bitcoin for sure.
The vast majority of the crypto traders don't care about Bitcoin,dogecoin,shitcoin or whatever.
They just want to buy low and sell high.

That's right, it is not about just tesla or Elon Musk, it is about a good news and whenever something good happens the price of bitcoin goes up as well. Remember we didn't reach to 64k just because Elon tweeted, there were tons of other reasons, and I am sure it is not just Elon that dropped the prices neither, there must be some other reasons as well.

I personally feel like there is a good amount of possibility we could be reaching to a level where these wealthy people are just playing with us, they drop it whenever they want and they increase it whenever they want, that is just not something I feel comfortable with at all. Obviously rich people have more money and they have more influence and they get more media coverage as well so I understand why they are capable of doing this, but we should not be allowing them to do something like this just because they can.

[Mahanton]

It might take the BTC price above 40k and that will be max. Most of the investors have understood Elon's mindset and games. Some might fall into the manipulation trap and buy the market but it will not be like what happened previously. The market is in correction mode and at this point it will be harder for anyone to move the market up with a single news.

That's right, they have to think 100 times. Just one piece of news will continue to skyrocket like a rocket. i guess it will take some time to fix the fallen market, although elon will say tresla accepts BTC as payment.

I'm sure btc will return to normal in the not too distant future.

The question is? Would the community believe into his words again after in all the things that he had done? He can announce on all the things that he can but for sure the public wont really take his calls or announcement to be that serious unlike before where everybody is really eyeing into those
words that do spit out into his amount but now that his image is a bit that not pleasant anymore for most people then this man would just turn out
to be an another clown into this market. As an investor and since this market is highly reactive to news then you should really be careful
on making decisions because of several factors.

[STT]

Here is Elon tracking back some and saying BTC incentivizes renewable cheap power, which is quite easily true though it can also equate to cheap power hence the critic its related to coal.

msn.com/en-gb/money/other/bitcoin-bombshell-tesla-could-start-accepting-bitcoin-again-musk-in-talks-with-miners/ar-AAKAAX9?ocid=msedgntp

The main take away really is that news is the labelled stuck on a price and a set of graphs or price action after the fact, the reasons why we move are largely to do with momentum.   Like rain and a river, you can expect certain flow to occur and lately BTC slowed down some and a pullback is more likely alongside profit taking etc.

There is a fund for some time way before Musk bought that channels Bitcoin buys only from mining groups which have a provable energy source that is renewable, the concerns were never that new.  He could easily just arrange to have his BTC taken from this source and continued to encourage others to do similar.

[wxa7115]

I don't think it's gonna happen again. It was already used once, hardly doubt the market would accept it again as a reason. It may rise, but only by a bit, I suppose. But honestly, the BTC market could live on its own without the influence of Elon. And there's honestly little chance of it happening, otherwise, he'd most likely be considered as pretty inefficient in making decisions or whatnot, that is unless he makes another excuse just like how he used BTC mining costs as a reason to pull BTC out.

The same trick is not going to work twice in this market especially coming from the same person, Elon Musk played his cards perfectly if what he was looking for was to obtain some easy profits for himself and his company.

But if what he was looking for was a way to somehow appropriate the market of bitcoin and somehow do whatever he wants with it then he has failed completely as people are not going to listen anything else he has to say as now they know that if they follow his advice they will lose money.

[BuNga_cute]

It might take the BTC price above 40k and that will be max. Most of the investors have understood Elon's mindset and games. Some might fall into the manipulation trap and buy the market but it will not be like what happened previously. The market is in correction mode and at this point it will be harder for anyone to move the market up with a single news.

That's right, they have to think 100 times. Just one piece of news will continue to skyrocket like a rocket. i guess it will take some time to fix the fallen market, although elon will say tresla accepts BTC as payment.

I'm sure btc will return to normal in the not too distant future.

The question is? Would the community believe into his words again after in all the things that he had done? He can announce on all the things that he can but for sure the public wont really take his calls or announcement to be that serious unlike before where everybody is really eyeing into those
words that do spit out into his amount but now that his image is a bit that not pleasant anymore for most people then this man would just turn out
to be an another clown into this market. As an investor and since this market is highly reactive to news then you should really be careful
on making decisions because of several factors.

With all the things that Elon Musk has done, it seems like many people are not paying attention to what Elon Musk has to say. So if Elon Musk
tweets about Tesla accepting BTC again, it won't make much of a difference. But I have to admit there are still some of his followers who are
influenced by Elon Musk's tweets, but the exact number will not be as much as when Elon Musk first did it. So in my opinion don't focus on
what Elon Musk is doing, because it will only make us make wrong decisions. Keep doing our own research and analysis, if we want to invest
in crypto right now.

[adaseb]

Even if they accepted crypto again they wouldn’t get much more sales since they are accepting Bitcoin. I am pretty sure if someone wants a Tesla bad enough they can just cash out and buy it for cash.

I remember back in 2017 when crypto was getting mainstream there were a few of those small used car lots or buy here pay here places who places Bitcoin accepted logos.

A buddy of mine actually had BTC and was in the market for a new car. When he tried to buy it the price went up like 10% because of the extra transaction and conversion feee. Basically passed on the deal because he could sell it with his exchange for like 0.25% at the time.

So nobody actually buys cars with Bitcoin.

[wxa7115]

Even if they accepted crypto again they wouldn’t get much more sales since they are accepting Bitcoin. I am pretty sure if someone wants a Tesla bad enough they can just cash out and buy it for cash.

I remember back in 2017 when crypto was getting mainstream there were a few of those small used car lots or buy here pay here places who places Bitcoin accepted logos.

A buddy of mine actually had BTC and was in the market for a new car. When he tried to buy it the price went up like 10% because of the extra transaction and conversion feee. Basically passed on the deal because he could sell it with his exchange for like 0.25% at the time.

So nobody actually buys cars with Bitcoin.

And that is just one problem, the next one is the cost, the cars are very expensive and only long term holders have a chance to buy a car like that with bitcoin.

Then it comes the issue of Elon Musk himself, do we really want to help him out when he has done so much damage to the market? Quite honestly even if I had the money I am not willing to help him out and give him even more profits and more bitcoin just so he can exert even more manipulation to this market, as he has shown that he is not above trying to manipulate it to get his way.