Tesla will accept $ because they're environment friendly

[CoinComputer]

When Elon accepted Bitcoin and earned his company revenue by selling Bitcoin in the first three months of 2021, we should have doubted his business policy. Elon, like other rich people, only made his profit from Bitcoin with Tesla. and after making a lot of money for himself and encouraging a lot of people to buy bitcoin, he suddenly remembers the environment and energy consumption?
It's all like a joke.

Yeah he should be concerned about his actions, whilst Bitcoin is not regulated as such, TESLA is and it's likely the SEC will be looking at the fact they sold earlier in the year and now his tweet tanked the market. If any worker/related party shorted it, they may be investigated.

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[DigitalFox]

During last hype it was JohnMcAfee acting as main crypto world entertainer. This time it's Elon Musk. I wonder who's going to be next one LOL

"mining operation carbon footprint", what a pile of BS

[virtualdn]

During last hype it was JohnMcAfee acting as in crypto world entertainer. This time it's Elon Musk. I wonder who's going to be next one LOL

"mining operation carbon footprint", what a pile of BS

Yeah but look where John McAffee is now. Isn't Musk afraid he might end the same? Why isn't he behaving like a mature guy, 45 or how many years he has and not like a 10 years old kid. Just because he happens to be a billionaire?

[traderethereum]

Maybe that is his strategy by making a noise in the crypto world and then after making a lot of money, he said like that.
That is why we do not have to follow what he said before searching for the truth or the other news.
But if that is for making money, maybe we can follow him but we should know when we need to leave the market not to regret it later.
Tesla can accept anything they want because Tesla is a big company that can decide whatever they want.
But they can not do anything forever because the market will know how the situations and conditions.
I think Elon make a mistake this time because he plays with fire.

[tomahawk9]

He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

hold on, you're telling me the guy who's manipulating the bitcoin market, a market worth almost 1trillion american usd, as well as altcoin market all by himself has the iq of a 10yo?? damn! are kids really that smart nowadays??  

jokes aside, i find it hard to believe Elon didn't know about btc and its btc environment, looks to me like he wanted to see how much he could manipulate btc and succeeded. He got what he wanted, bought cheap coins, got a bunch of ppl jumping on the btc bandwagon to pump the price, and now he found an exit point to dump part of his stash

I have been a Bitcoin user for 9 years and I have seen this sort of manipulation before.

been in the btc space for 6 years now and i haven't seen this type of manipulation before, at least not at this scale and definitely not by a single person

Yeah but look where John McAffee is now. Isn't Musk afraid he might end the same?

wasn't McAffee getting paid to shill shitcoins and scamcoins? bit different, no?

[DigitalFox]

Why isn't he behaving like a mature guy, 45 or how many years he has and not like a 10 years old kid. Just because he happens to be a billionaire?

Because that's the image he created, an eccentric billionaire. Don't be fooled by this image, Elon is in this for money. Not to save you, me, the planet or whatever else there is to save. Money. And currently he makes heaps of it.

[wack slacker]

Tesla should not have accepted Bitcoin as payment with their hardline argument about their mission to protect the environment from the very beginning. The fact that they accepted Bitcoin in February and stopped accepting Bitcoin in May sent the crypto market reeling. That action I consider to be manipulating the exchange rate and disturbing the market.

[adzino]

Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke, a manipulating narcissist.

There it is, enough, the news is Tesla will accept $ because they're environment friendly. I'd never buy a Tesla car in my life even if they will accept carrots as a form of payment (which are environment friendly of course).

Lol you think he didn't know about proof of work and all those negative "environmental" effects bitcoin and mining was having? You think he didn't do any research or learn about it? Obviously he did. He knew this, but Tesla (and him) still bought bitcoins when the price was low. When the price went up, as far as I know they sold some and made huge profit. And now they are claiming bitcoin is bad for environment? Either Musk is trying to drop the price, or he was forced to make this statement. Who knows..

So everyone is blaming Elon now. My question is what would you do if you were filthy rich like him and you knew that it's easy for you to manipulate the market? What would you do if you knew that one positive tweet from you will skyrocket the market and one negative tweet will crash the market? I think you would do the same.
-snip-

Just because you might do something like this, doesn't mean everyone is going to be doing the same.

[acroman08]

Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke, a manipulating narcissist.

There it is, enough, the news is Tesla will accept $ because they're environment friendly. I'd never buy a Tesla car in my life even if they will accept carrots as a form of payment (which are environment friendly of course).

Elon Musk is a businessman, to him everything he did with bitcoin, all the publicity, and all the noise he made is a form of business. sure we could say that he is a "manipulating narcissist", but, to be honest, the problem I see here is that a lot of people are easily swayed by well-known people and follow what that certain person does. but in the end, all he did was buy and talk about bitcoin and cryptocurrency.

[bryant.coleman]

I have been a Bitcoin user for 9 years and I have seen this sort of manipulation before.

been in the btc space for 6 years now and i haven't seen this type of manipulation before, at least not at this scale and definitely not by a single person

Not on this scale. OK.. I can agree with you on this. But in the past we have seen several celebrities trying to manipulate the cryptocurrency market, with varying success. Don't forget Craig Wright trying to manipulate the market with his BSV shitcoin (he triggered pump-and-dump cycles multiple times with that coin). After a while, I thought that Bitcoin has reached a stage where manipulation is not possible. But I was wrong and Elon just demonstrated how easy it is to still manipulate the market.

[(o)(o)ilikeboobs(o)(o)]

The dollar is created by the Fed and it's just paper money or numbers that show up on a bank account. It looks clean and protects the environment because fewer emissions are generated during the manufacturing process.
Accepting the dollar also means that Tesla is bringing the dollar back to America. That's good for the country and their business.

[pixie85]

So everyone is blaming Elon now. My question is what would you do if you were filthy rich like him and you knew that it's easy for you to manipulate the market? What would you do if you knew that one positive tweet from you will skyrocket the market and one negative tweet will crash the market? I think you would do the same.

I'd probably think if it's legal. McAfee was imprisoned over crypto pumping but they got him on taxes so it's not exactly the same.
As far as I know it's illegal to manipulate the market like he did.

He bought BTC, tweeted about it, price rose, he sold, tweeted that he doesn't like it anymore, price dropped.
He's probably going to buy some other coin now, maybe more dogecoin and do the same thing all over again.

The crypto market is full of noobs. They have no idea of crypto. They are not keen to learn and not able to visualize the big picture. If anyone is buying crypto because Elon tweeted positive about it then they are doing it wrong. They need to learn a lesson. I do not blame Elon because he is doing what's best for him and his company. You should be doing the same instead of listing someone else.

This I have to agree with. If you bought bitcoin because of Elon don't complain that you lost money because of him. He's not your friend, you are fish to him.

[Yogee]

...
As far as I know it's illegal to manipulate the market like he did.

He bought BTC, tweeted about it, price rose, he sold, tweeted that he doesn't like it anymore, price dropped.

Cryptocurrency market is not regulated like stocks so I doubt he'll be indicted for tweeting about what Tesla did. The company bought BTC and we found out about that when they filed a report. The company also announced accepting BTC as a payment method. Lastly, they decided to suspend it and willing to resume after bla bla bla.

Those who got caught by the dump may feel cheated but it's also their fault for speculating and buying from someone's tweet.

[Artemis3]

Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke, a manipulating narcissist.

There it is, enough, the news is Tesla will accept $ because they're environment friendly. I'd never buy a Tesla car in my life even if they will accept carrots as a form of payment (which are environment friendly of course).

Rejecting bitcoin to favor dogecoin is cynical at best, ignorant at worst.

Guess what, electric cars consume electricity too... Its the same argument against electric cars, saying that because of them there will be more pollution from coal power, ignoring the fact that there are other methods of producing electricity and that there is a market out there self regulating things.

But whatever he makes says or don't, Bitcoin isn't going anywhere. Its his loss to reject a source of income due to ignorance or worse...

[thecryptogandalf]

They just said that they stop accepting it as payment until miners move to renewable energy sources. Who buys a Tesla with bitcoin?  It's a store of value. Buy the dip.

[ILuckyGuyI]

Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke, a manipulating narcissist.

There it is, enough, the news is Tesla will accept $ because they're environment friendly. I'd never buy a Tesla car in my life even if they will accept carrots as a form of payment (which are environment friendly of course).

I don't think he didn't know that Bitcoin mining was not environment-friendly. This is Elon Musk we are talking about.    There is no way for him not to realize it before making a $1.5b investment. So, I think that the aim was manipulating the market.

[Woodie]

Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

Lol good one ,if he wants to come out clean and act all innocent why not return all profits he has gained from either bitcoin or dogecoin because his really painting a bad picture for crypto!!

Besides the crypto market has all sorts of coins which don't require the kind of mining/energy generation btc uses...that just made me realize a new coin will be shilled by ELon soon, be on the lookout.

I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke, a manipulating narcissist.

Too manipulative!

[SystemTrader]

and how about the batteries that are being produced for Tesla cars and its damage to the environment? The reasoning for not accepting bitcoin anymore is like a joke.

[shoreno]

cant imagine if how many sacks of carrots it will take to pay a car of tesla if they will accept carrots as payment .

they accept dollars but thats not new because all business and companies accepts dollars as well tho i cant say that dollar is environment friendly because they cut trees for the paper form of dollar . me too op i will never buy a tesla whether they accept cryptos or not because i will never afford it it my lifetime .

[isaac_clarke22]

~

Guess celebrity will always be celebrity. Still like a normal person you can come across everyday.
Agreed that it is people's reaction that affected the market. They let someone else get into their heads and decided to do the same as the said person. While we can't blame people because anyone would have that hidden dream to be as rich as Musk, but they're being driven that easily.