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Author Topic: TESLA will re-accept bitcoin & SpaceX owns BTC, said Elon Musk. Ready for pump ?  (Read 618 times)
janggernaut (OP)
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July 22, 2021, 04:16:46 AM
Merited by OgNasty (1)
 #1

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.

Quote
“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.

Quote
“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/
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July 22, 2021, 05:13:25 AM
 #2

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.

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July 22, 2021, 05:49:20 AM
 #3

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.

Quote
“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.

Quote
“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/

Thank you for the information..
although many people no longer believe in Elon Musk, but from some aspects we see, information about TESLA will accept bitcoin back and will have an impact on bitcoin's growth in the future, even though the effect is 50:50. I think the 50:50 score is huge and perfect. so now we'll see how many altcoins are pumping up once this information gets around.

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July 22, 2021, 06:29:46 AM
 #4

Look, fact of the matter is that even after they announced that, the market simply did not move that much. BTC didn't even climb by more than double digits.

The biggest reason for that is because markets have already priced in the majority of what Elon said in anticipation, imo.

I still think that we are in a mid-term downtrend right now, given that there is a lot of market fatigue with hype and institutional adoption. And until the next halving, I seriously don't feel like there will be any legitimate shot of us breaking out of the $30k-$40k range.
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July 22, 2021, 06:36:23 AM
Merited by pooya87 (2)
 #5

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.

It seems to me that you explained it better in the other post.

We don't care what Musk says, because we know that Bitcoin is going to go up in the long run due to its intrinsic properties. What happens is that some people do get influenced by what he says or doesn't say, and that adds volatility in the short term.

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July 22, 2021, 06:57:24 AM
 #6

Who cares about His BS ? Elon Musk is already Gone from Us Bitcoin believer and i don't think that there will be another Impact at all.

Stupid People might conclude once more that It is the word of Elon Musk that's why Bitcoin recovered again to 30k level when it was dumped down recently .

But Do i care? NO and Never.
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July 22, 2021, 07:11:04 AM
 #7

What Musk said is no longer valid. I feel very happy. I will never buy any Tesla or Elon products in my life. I think that the price of Bitcoin has fallen because people want him to say it is feasible-he said he will accept more than 50%, and its renewable rate has reached 56%.
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July 22, 2021, 07:35:57 AM
 #8

Look, fact of the matter is that even after they announced that, the market simply did not move that much. BTC didn't even climb by more than double digits.

We just broke support (31k) and were 1k $ from breaking the dip (28,8k) - last hope from TA point of view, when everyone was losing hope, when fear/greed index was at 10 (it wasnt lower than 10 since covid panic sell) ... and suddenly 10% pump yesterday on a decent volume. Thats not "did not move that much" its important bounce at crucial price level. I'm not saying that its because of Musk. Fuck him and his "maybe we will accept BTC" ... I can buy tesla, whatever i want, using Bitcoin via binance card with 5% cashback. I don't need him to accept BTC. I'm just saying that we've seen decent pump yesterday in crucial point from Technical analysis point of view right when everyone was shitting pents.
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July 22, 2021, 07:43:45 AM
 #9

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.


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.

https://www.thebword.org/c/track-2-Bitcoin-As-A-Tool-For-Economic-Empowerment

He acknowledged LN as an improvement, but he is also open to bigger blocks to scale onchain, which he is obviously in his own journey of learning.

He has said all positive things about Bitcoin, no trolling.

There’s a video posted, and he said,

Quote

"Tesla's bank balances in Europe have negative interest rate..it is quite annoying to see your bank balance drop in real time..this is insane..we definitely move that into #bitcoin"


https://twitter.com/therationalroot/status/1417928935090925573

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July 22, 2021, 07:44:55 AM
 #10

His credibility has disappeared, even though he once again announced that Tesla accepts Bitcoin payments, which went from $28,000 to the current $32,159.

This is his own game. I will not pay for his game again.
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July 22, 2021, 08:20:28 AM
 #11

It's interesting that he admitted to holding Dogecoin. I wonder if he can be prosecuted for obvious manipulation of the DOGE market?
How are these things regulated in the U.S.?

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July 22, 2021, 08:25:42 AM
 #12

What Musk said is no longer valid. I feel very happy. I will never buy any Tesla or Elon products in my life. I think that the price of Bitcoin has fallen because people want him to say it is feasible-he said he will accept more than 50%, and its renewable rate has reached 56%.
Tesla ahs been proven less efficient as what they are promoting and this even has a Weak security as the Window just broke when the testing happens so what the F@ck people are still talking about this when the truth is they are not really bringing what promised supposed to be?
and they are just Playing with Cryptocurrencies and fooling people inside as they know how much money are circling this area.
Elon Mush had already forgotten by the community and i don't know why this is still gaining such thread.
It's interesting that he admitted to holding Dogecoin. I wonder if he can be prosecuted for obvious manipulation of the DOGE market?
How are these things regulated in the U.S.?

Interesting fact , So obviously all this time that He is Shilling about Dogecoin and he is one of the Manipulators that brings the value Mooning recently?

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July 22, 2021, 09:00:02 AM
 #13

What Musk said is no longer valid. I feel very happy. I will never buy any Tesla or Elon products in my life. I think that the price of Bitcoin has fallen because people want him to say it is feasible-he said he will accept more than 50%, and its renewable rate has reached 56%.

It's because he has his narrative when he first invested on bitcoin an suddenly made a U-turn about it. Specially his argument about renewable energy and shit and he was totally wrong about it.

But I will echo the sentiments of most posters here, he is no longer relevant, his influence has wane out. Doesn't have the power to move the market with his tweets.

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July 22, 2021, 09:40:41 AM
 #14

Well, get ready your bitcoins boys and girls because there will definitely be a pump happening and I don't think that anyone wants to miss the opportunity to make money out of it because that's an opportunity that might arrive again for a really long time.
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July 22, 2021, 09:45:28 AM
 #15

Without Elon Musk bitcoin will increase as time goes on, to me he is a great guy who is able to take advantage of his fame to manipulate the price of bitcoin. he says holding doge because he thinks the current price has dip and wants to make big profit again in short time.
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July 22, 2021, 10:20:23 AM
 #16

Can the previous discussion be considered official? The tweets on Twitter and the news are considered official, but yesterday there was a friendly discussion in which the man gave a clear perception of bitcoin, which is better than the perception of many beginners who support Bitcoin (Buy Bitcoin to become rich in the future.)

Tesla's acceptance of the payments would be a victory for it as it forced some accepting miners to switch to clean energies.

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July 22, 2021, 10:26:37 AM
 #17

They will start a hype again in the market just to dump when they're already satisfied on their profits.. Perhaps no one will believe on them this time because its very obvious they're the only one who can benefits on it after the manipulation . Indeed they already did that to bitcoin and doge now they will re-accept bitcoin for what? No mate that's another trap for sure. Lol
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July 22, 2021, 10:29:43 AM
 #18

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.

This is my thinking, it’s like the boy who cried wolf. Eventually after creating multiple drama lots of times, people start to ignore him. I don’t think his comments will have much of an effect on price now, neither negative not positive which is good. Bitcoin is decentralised, no masters or chiefs, Elon needs to learn that.

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July 22, 2021, 10:34:05 AM
 #19

Ready for pump anyone? BTC

Pump?! Just because of Elon Musk? No. Not any longer. As said, he has lost most of his credibility.
Also I guess that's not only me keeping an eye on the hash rate.

So... yeah... we'll need "a little bit" more than just Elon Musk saying something if we want to see a proper pump.

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Yaunfitda
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July 22, 2021, 10:37:46 AM
 #20

And I think it's time that we troll Elon, Lol, he lost his credibility to the bitcoin market and even if he tells that he holds btc personally, I doubt that it will have enough impact to the market.

Someone should be telling him in his tweeter account that he can't be longer called bitcoin influencer. He doesn't have it anymore. And regardless if he is going to re-accept bitcoin in the future, it doesn't change anything.

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