Tesla no longer accepts Bitcoin payments

[rhomelmabini]

With Tesla's decision, many panicked so it happened the market crashed a bit and I don't know if it recovers after this crash is over?

It will get up and recover, Tesla and Musk wasn't the whole market and the big institutional investors eyeing bitcoin and other assets. Hoping that the recent Zuck's post will make a huge impact once Facebook announces they are holding some Bitcoins. Who knows? The 6 figure Bitcoin price will be this year, fingers cross.

[ShowOff]

Regarding the volatility of Elon and about bitcoin payments that Tesla is no longer accepting, maybe that is a decision that should be taken. This decision has indeed made cryptocurrency worse because many people were disappointed.

I think Tesla's current decision is inversely related to what they initially announced. However, this will also have a positive impact on products that are considered environmentally friendly. This is one of Elon's strategies that may not have been detected before because he was too absorbed in enjoying the pump process. Tesla's decision caused panic in the market, but I'm not too sure the market will respond with a price correction on a larger scale because apart from Tesla, other institutional investors also still support bitcoin.

However, I am sure that in the future Elon will bring cryptocurrency even better and more and more adoptions will be made.

It has a positive impact on crypto, but it can also negatively impact increased adoption because of its assessment of the environmental damage caused by mining.

[Ozero]

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Before the big hyip like this time, elon had already promoted Doge that he liked this coin meme because it was unique. The end of 2020 to 2021 is the revival of Dogecoin that Elon keeps on tweeting.

Regarding the volatility of Elon and about bitcoin payments that Tesla is no longer accepting, maybe that is a decision that should be taken. This decision has indeed made cryptocurrency worse because many people were disappointed. However, I am sure that in the future Elon will bring cryptocurrency even better and more and more adoptions will be made.

At the start of Tesla announcing it about accepting bitcoin payments it made the atmosphere even more emotional meaning that many welcomed it because the big institutions have now glanced at bitcoin in their business and it made bitcoin prices hold up and some of Elon musk's tweets have also created huge hype from doge coins and this is what most relied on to be made hype and it is true that the price of Doge is now still staying above the high, but is it possible with the hype of someone who is considered to be weak too?

With Tesla's decision, many panicked so it happened the market crashed a bit and I don't know if it recovers after this crash is over?

Elon Musk announced today again that Tesla will accept payments in bitcoins. Prices went up quickly again and bitcoin hit $ 40,000. Well, this is an important and timely decision, since many have already come to terms with the fact that the market has entered a bearish cycle and, most importantly, there is a growing opinion that the period of decline could drag on for years. Let's hope that a slightly belated reverse decision will help return the cryptocurrency market to a period of bullish growth, or at least give an impetus to the restoration of previous positions.

[Timelord2067]

Elon Musk announced today again that Tesla will accept payments in bitcoins.

EM had no choice but to resume accepting Crypto, especially Bitcoin...

Do you have a link to a news feed, or, on the Tesla website where that announcement was made?  I'd be interested to read what they have to say concerning payments, and their own holdings of Bitcoin i.e. whether or not they held their $1.5B investment, or dumped at a loss.

[Gamerholic]

I'm tired of watching how quickly and easily Elon Musk's opinion about these payments changes. Then he will think of shaking everyone and making everyone happy that they will accept Bitcoin, then he turns 180 degrees and starts talking blatant nonsense about the "non-environmental friendliness" of Bitcoin, and this week he again pleased us with his 50% green energy. That is, half the "dirty" can be obtained. God stop this guy!

[lolxxxx]

A man who thoughts only about himself when it comes to making money, He does not care about what the consequences will be on the people who are struggling hard and making incomes from trading or who have bought for long term.. I just want all of the people to stop following him.

Regards

[sherryDEFI]

In a sign that he still has a strong hold on the Bitcoin market, Musk tweeted that Tesla would resume accepting bitcoin payments once it was confirmed that miners could embrace positive future trends and use (around 50%) clean energy appropriately, which pushed the bitcoin back up to $40,000.

[lepbagong]

A man who thoughts only about himself when it comes to making money, He does not care about what the consequences will be on the people who are struggling hard and making incomes from trading or who have bought for long term.. I just want all of the people to stop following him.

Regards

Totally agree, this kind of person just wants to profit from tweets that are made in the hope of a market panic and he feels what is said can and can be done only to benefit himself and the company. as a business person, it is okay to do it for profit but don't manipulate the situation so that what happens is for his benefit.

don't give the stage again for this kind of people, to make fantastic news to trick people and follow their word, where in fact people who panic add to the damage to the market and he profit from it if this continues and is given the opportunity, it will happen again and is not good for crypto development.

[shadow123]

Hello sometime he will tweet again Tesla accepts Bitcoin payments. Many guys are following his tweet as nonsense . I think he is the one of responsible person this bearish market. I think he must go alone without crypto.

[Stedsm]

Elon is playing games with us, but the problem is that he's got enough blind followers behind him who'll do anything and give any level of damage to markets on his one signal (through any source, mostly Twitter). Even if we decide to stop following him, there are so many traders who go behind him and fuck the markets and TBH he doesn't even need them because he's rich enough to shake up the whole market alone.

[Amejoaquim]

When Elon first entered the crypto world he really adored bitcoin.

Right now she keep saying bad words about bitcoin and someone as smart as Elon must have researched everything before he decided to invest in something.

But know he decided to stop using bitcoin as a payment.

[Renampun]

In a sign that he still has a strong hold on the Bitcoin market, Musk tweeted that Tesla would resume accepting bitcoin payments once it was confirmed that miners could embrace positive future trends and use (around 50%) clean energy appropriately, which pushed the bitcoin back up to $40,000.

is this another new trick of elon to manipulate the market...

if rejecting Bitcoin for reasons of environmental damage then that is an unreasonable reason, and now he is making a statement that he will accept again, I think his stance is not fixed.

[carlfebz2]

In a sign that he still has a strong hold on the Bitcoin market, Musk tweeted that Tesla would resume accepting bitcoin payments once it was confirmed that miners could embrace positive future trends and use (around 50%) clean energy appropriately, which pushed the bitcoin back up to $40,000.

is this another new trick of elon to manipulate the market...

if rejecting Bitcoin for reasons of environmental damage then that is an unreasonable reason, and now he is making a statement that he will accept again, I think his stance is not fixed.

Trick or not but once the community would build up that kind of bad impression into someone specially if its really trying to be an enemy of Bitcoin then the entire community would be looking bad into Elon.

We dont really care at all on what would be the decisions that he would make in future years to come because he can make out unfixed decisions as if
there's someone who had been holding into his neck and telling on what to do.

We're done with Elon though and i dont know if there are still people who do love to hear about words of this clown.

[blockman]

Hello sometime he will tweet again Tesla accepts Bitcoin payments.

He already tweets that Tesla might accept bitcoin again but with a condition that if energy being used by the miners is 50% cleaner. Are we going to see big mining farms going to obey what he said just for the sake of Tesla accepting bitcoin payments? we'll see.

Many guys are following his tweet as nonsense . I think he is the one of responsible person this bearish market. I think he must go alone without crypto.

He's blamed by most of us but accept it too that this is an unregulated market and news and speculations are making the markets based on those sentiments.

[KeikoKitagawa18]

To be honest i don't care anymore about Elon Musk, i don't know what intention for him to keep doing bad thing into BTC. Firstly when she come into this cryptoworl he keep saying good thing about BTC and right now it totally diferrent.

[genolica]

On the month of April in this year, Tesla reported benefits for the initial three months of the year were $438m, up from $16m last year, supported by deals of Bitcoin and ecological credits. So I think he just took advantage of the benefits, and foresaw the upcoming downfall on the trends of bitcoin as how it goes in the market, and this proves the statement that what he did was not suprising.

[blockman]

Elon still can't decide what to do. But it's time to make a final decision.

There's no need for him to make a final decision. He's in no rush and he's the one that gives the decision at any time without anything to hurry about. Elon is not just the boss of Tesla but also of this market and that's why many are angry about him. He's manipulating the market with his posts and suddenly making the market in a very situation that he's only taking advantage of it. Like before a correction happens, he understands it and that's why he's making tweets so that he can have a better position just like anybody else.

[haidil]

this is why many people say here don't get your hopes up with Elon.
a few weeks ago I often read here and a lot of people said don't follow Elon too much with all his pumps and now what they say is true so many people are frustrated and complain about this.
it's true that reading the thread here is very important at least we don't get involved in this kind of manipulation and I'm very grateful