TESLA will re-accept bitcoin & SpaceX owns BTC, said Elon Musk. Ready for pump ?

[tulusikhlas]

I kinda agreed with this one. Despite we don't like Elon, whatever he did (well he was shilling with DOGE only IMO) because of that B talk and he revealed himself has invested in bitcoin, it helped bitcoin price goes higher and broke $30,000 (now even $32000).

Regardless of how many users like and dislike Elon, maybe it's good for me to mediate that everyone likes it or hates it because his inconsistency towards crypto will be very disappointing for some people. And the rest like it because so far he has been driving crypto growth despite the occasional mischief by dumping prices. Well, despite all that I can not comment beyond my capacity in this regard.

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[pooya87]

Did you watch his talk in the B-Word with Jack Dorsey? I believe he expressed his real viewpoint about Bitcoin, and it was OK for me. He has the same viewpoint like many of us in the community.

Well at the beginning he also wasn't trolling or spreading FUD. He seemed like a true believer then he started spreading FUD. And we know he has no issue with PoW or energy consumption otherwise he would have never bashed bitcoin while supporting its copy dogecoin.

[ultrloa]

Did you watch his talk in the B-Word with Jack Dorsey? I believe he expressed his real viewpoint about Bitcoin, and it was OK for me. He has the same viewpoint like many of us in the community.

Well at the beginning he also wasn't trolling or spreading FUD. He seemed like a true believer then he started spreading FUD. And we know he has no issue with PoW or energy consumption otherwise he would have never bashed bitcoin while supporting its copy dogecoin.

Manipulation is his game so I'm not surprised on what actions he made in certain seasons and maybe he see that its good to enter now since the market is on recovering phase so maybe he is back on his mind games and want to hype people at this point and also we need to be careful if we follow him since he might fud again once bitcoins pump up and reach another ATH.

[Silberman]

Last night, when in "The BTC word" between jack, Elon and Ark, Elon has said TESLA will re-accept bitcoin once he confirms by himself about it.

“I want to do a little more due diligence to confirm that the percentage of renewable energy usage [that is used in Bitcoin mining] is most likely at or above 50%,” Musk stated during the conference. “If so, Tesla will most likely resume accepting Bitcoin.”

Elon also revealed some of his crypto investment, he invested in Bitcoin, Ethereum and Dogecoin.

“I own Bitcoin, Tesla owns Bitcoin, SpaceX owns Bitcoin, I personally own a bit of Ethereum, and I hold Dogecoin of course,” he said.

While TESLA has announced they have invested $1.5 billion in bitcoin back then, price was skyrocket after that. And now we knows, even SpaceX and Elon himself have bought/invested in Bitcoin too.

Ready for pump anyone? BTC

Source: https://cryptobriefing.com/elon-musk-confirms-tesla-will-re-accept-bitcoin/

Too little too late, I can assure you he has missed his chance, he had a chance to replace in the mind of the people that ask stuff like when lambos? With when teslas? But his manipulation of the market has brought him a lot of enmity from the community, so it does not really matter that his businesses are accepting bitcoin if I had the money to buy a product or a service from his companies you can be sure I will pick his competitors before I touch anything that belongs to Elon.

[uneng]

Nobody gives a crap about Elon Musk and Tesla anymore. He has lost all his credibility, bitcoin price didn't move at all despite some people trying to hype things up over the past 12 hours; the shitcoins he advertises are also no longer showing any reaction to his pump attempts.

Probably people on this forum don't take his statements in consideration when investing in crypto currency, but I fear many speculators do, otherwise bitcoin price wouldn't pump right after this Musk's participation. I don't see any other reason to justify that fluctuation besides his statements during the program. I think his influence over crypto universe is really worrying, especially over bitcoin.

[el kaka22]

It is finally a relief to know that dude invests his own money into these things, however we have no idea how much he invested, like for example if he invested a billion dollars into doge? Or was it 1000 dollars which is nothing to him? We really don't know.

Renewable energy is a mute point in crypto mining because we just use the energy we are not the ones that creates it, it is not like I go buy a coal mine and then attach a bitcoin mining rig to it, I just get electricity from whoever gives me, in this sense Elon expects people to buy solar panels and whatever to make more profit with it themselves? And use renewable energy from their own capitals? I really don't think so. Go convince the energy companies to make their own solar panel farms and then we can get it from them, I am not really in charge of where it comes from, only what I can do with it.

[Wind_FURY]

Did you watch his talk in the B-Word with Jack Dorsey? I believe he expressed his real viewpoint about Bitcoin, and it was OK for me. He has the same viewpoint like many of us in the community.

Well at the beginning he also wasn't trolling or spreading FUD. He seemed like a true believer then he started spreading FUD. And we know he has no issue with PoW or energy consumption otherwise he would have never bashed bitcoin while supporting its copy dogecoin.

I believe he’s also walking his own journey like everyone who has invested in cryptocurrencies. Many started with “finding the better Bitcoin”, until it was truly understood how it worked, why, and what’s keeping the whole network together. Elon Musk has not reached that point.

[Boov]

Last night, when in "The BTC word" between jack, Elon and Ark, Elon has said TESLA will re-accept bitcoin once he confirms by himself about it.

“I want to do a little more due diligence to confirm that the percentage of renewable energy usage [that is used in Bitcoin mining] is most likely at or above 50%,” Musk stated during the conference. “If so, Tesla will most likely resume accepting Bitcoin.”

Elon also revealed some of his crypto investment, he invested in Bitcoin, Ethereum and Dogecoin.

“I own Bitcoin, Tesla owns Bitcoin, SpaceX owns Bitcoin, I personally own a bit of Ethereum, and I hold Dogecoin of course,” he said.

While TESLA has announced they have invested $1.5 billion in bitcoin back then, price was skyrocket after that. And now we knows, even SpaceX and Elon himself have bought/invested in Bitcoin too.

Ready for pump anyone? BTC

Source: https://cryptobriefing.com/elon-musk-confirms-tesla-will-re-accept-bitcoin/

As Elon Musk promoted his reliable projects, everything is always possible with bitcoin and I guess everybody is ready for next pumps. Tesla had been stating more strong words against bitcoin lately, but the story was turned in reverse then eventually we're hearing good feedbacks from them.
Let's stay tuned for more upcoming news, and hopefully that confirmation won't be revoked someday and continues to prosper.

[zanezane]

I don't think that I would consider myself ready, I feel like I don't have enough bitcoin yet that I can sell when the next pump where to ever happen. Also, I don't think that we would see a big pump given how we are seeing Elon as an antagonist in this market with his past manipulation.

Have the same feeling too but maybe by the end of this month, I would be all good no matter which way it goes, if it goes up, big profit and if not, then I will be able to buy more bitcoin and earn more to get a much bigger profit.

[Clavulanic]

I don't think that I would consider myself ready, I feel like I don't have enough bitcoin yet that I can sell when the next pump where to ever happen. Also, I don't think that we would see a big pump given how we are seeing Elon as an antagonist in this market with his past manipulation.

Have the same feeling too but maybe by the end of this month, I would be all good no matter which way it goes, if it goes up, big profit and if not, then I will be able to buy more bitcoin and earn more to get a much bigger profit.

The signs are here but we need to be careful on buying when price starts to goes up, it could be temporary for now since the news about Tesla would be in hype. Just accumulate by percentage not the entire capital you got, just set by average when your purchase for additional holdings. Earning profit at huge quantities should be according to our projections, and if ever there's a huge spikes then you're luckily earning higher compared from your expectations.

[janggernaut]

Regarding the FUD from Elon, i think it was for DOGECOIN only. We know he tweeted lot of that to pump the price.
While it different with BTC, for first Elon revealed Tesla have been invested in bitcoin for $1.5 billion, sold 10% of it to prove its really liquid. Then he realized about the usage energy of bitcoin too high which he think not too good for environment, so he decided to stop accept bitcoin payment on Tesla. And now, after many people convinced him about the usage energy has been dropped, he would see it by himself and said TESLA would be accepting bitcoin again later, which i think it won't take long time anymore

[goinmerry]

Regarding the FUD from Elon, i think it was for DOGECOIN only. We know he tweeted lot of that to pump the price.

The FUD and anything about manipulation will forever be associated with Elon no matter what coin he or the company will accept.

He's one of the reasons why the bitcoin's price momentum got crash during the peak although everyone benefited from it as others got a chance to bought at fairly a much cheaper price.

I don't think that more investors will react to that and a possible pump will happen once Tesla will re-accept Bitcoin. It's just another news in the crypto market.

[zanezane]

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The signs are here but we need to be careful on buying when price starts to goes up, it could be temporary for now since the news about Tesla would be in hype. Just accumulate by percentage not the entire capital you got, just set by average when your purchase for additional holdings. Earning profit at huge quantities should be according to our projections, and if ever there's a huge spikes then you're luckily earning higher compared from your expectations.

In early stages of the prices going up, I think that it's acceptable to buy a lot even though it's uncertain that the prices will go up because as I have said, it's an early rise and if the prices did rise, you will be able to profit even if you bought at an increased price since you bought that bitcoin early.

[Wexnident]

This man's influence is dead pretty much. Even braindead investors would notice how his tweets closely manipulated the market and, not to mention, his exit with his "excuse" was pretty stupid. Maybe dead is a bit of heavy work, but it definitely has weakened. Positive effects would still come, but not as much as when they first announced that Tesla accepted Bitcoin. This is a comeback after a few weeks (or months? I forgot) of them not accepting Bitcoin, it's influence is quite different so to speak.

[coin-investor]

Investors become Elon Musk because of his so many tweets and announcement against Bitcoin, he wants to win back the community and their support by announcing that his company will re-accept Bitcoin and he also announces that he still has Bitcoin, this is the reason why Bitcoin is moving up again, if this is the road another pump and an all-time high, we really can't tell, we are still 6 months to go before the end of the year.

[eaLiTy]

While TESLA has announced they have invested $1.5 billion in bitcoin back then, price was skyrocket after that. And now we knows, even SpaceX and Elon himself have bought/invested in Bitcoin too.

Ready for pump anyone? BTC

TESLA announced they invested $1.5 billion in BTCitcoin and then they announced selling 10% of its BTCitcoin holdings and made $101 million profit which sent the market down and for a while he was trolling the entire market and then pulled the support citing massive energy usage and those had an impact in the market and now he is again bullish and vocal about his investment  .

[Pamadar]

Investors become Elon Musk because of his so many tweets and announcement against Bitcoin, he wants to win back the community and their support by announcing that his company will re-accept Bitcoin and he also announces that he still has Bitcoin, this is the reason why Bitcoin is moving up again, if this is the road another pump and an all-time high, we really can't tell, we are still 6 months to go before the end of the year.

No one can tell if it's just another hypes that will turned to a much deeper dumped.

Dead bounce is also possible as there are big holders who got trapped from that last time high and the moment that they see
the market start to recover they just simply take the opportunity to break even or cut some losses if they can't wait for full recovery.

[stadus]

Elon's manipulation will have a little impact, this news that does not pump the market, the biggest news now is the rumors that Amazon will accept bitcoin, and it's a real hype because bitcoin has increased 12% today as of this writing per CMC. If the pump will continue, it will create a big hype and it will help the altcoins to recover again, remember that bitcoin hit $60k and had dropped 50% this month.

[Silberman]

Regarding the FUD from Elon, i think it was for DOGECOIN only. We know he tweeted lot of that to pump the price.
While it different with BTC, for first Elon revealed Tesla have been invested in bitcoin for $1.5 billion, sold 10% of it to prove its really liquid. Then he realized about the usage energy of bitcoin too high which he think not too good for environment, so he decided to stop accept bitcoin payment on Tesla. And now, after many people convinced him about the usage energy has been dropped, he would see it by himself and said TESLA would be accepting bitcoin again later, which i think it won't take long time anymore

The damage to his reputation is done, quite honestly unless he can sign an address containing all his coins I am not going to believe he is holding any coins because his actions do not make sense otherwise, he sold that 10% to see if he could do it without crashing the market, once he knew this was the case he sold his stash and then bought again after he created a lot of FUD and the price went down, so I do not real care if Tesla is accepting bitcoin or not, he manipulated the market and made it crash so many people will make an effort to avoid his products in the future.

[SaShiRaJaVu]

The damage to his reputation is done, quite honestly unless he can sign an address containing all his coins I am not going to believe he is holding any coins because his actions do not make sense otherwise, he sold that 10% to see if he could do it without crashing the market, once he knew this was the case he sold his stash and then bought again after he created a lot of FUD and the price went down, so I do not real care if Tesla is accepting bitcoin or not, he manipulated the market and made it crash so many people will make an effort to avoid his products in the future.

Who cares whether Elon Musk really owns anything, you do not care and even i do not care but anyone following him which is millions of users are his strength and so is the reason he is able to manipulate the market easily and may be in the future there will be a theory popping up calling him the Satoshi by his blind fans who jump into anything he says or tweets and swing the market is both directions .