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

[LogitechMouse]

Well, it looks like that is the reason why Bitcoin did rise yesterday from around $29,000 to around $32,000 .
This might be a proof that Musk's influence is still there .
Is this a proof that he might still have power to pump and dump the market. .

As for me, right from the start when he involved himself into crypto I don't really give a shit about him and all of what he said. There is no need to be ready with Tesla re-accepting it because his credibility is gone. He's done. He's over. Now that he is done, maybe we will just wait for another powerful person to pump and dump the market again .

[stompix]

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 fact that you and I are not believing or giving a damn what this guy says doesn't mean he has lost all his credibility in the world, we are just droplets and even all the users on this forum are just a few out of billions. He can still move the markets at ease and you can see that just the rumors of him not being so much anti bitcoin have helped the market from a 29.3 to 32.8, this was all because of that conference and let's be honest if Musk wouldn't have been a guest it wouldn't have had even 1% of the coverage it got.

I haven't watched one minute of Oprah, and I will not even if that's the only clip left on the web but still, I can't deny that one word from that woman could make the shitiest item sell in millions. Same with Musk, for us it might not matter anymore but for the masses it does, as unfortunate as it is.

And look even on this forum, even though people don't like it they still read the news about him, they still criticize him they still care!

[Lucius]

He can still move the markets at ease and you can see that just the rumors of him not being so much anti bitcoin have helped the market from a 29.3 to 32.8, this was all because of that conference and let's be honest if Musk wouldn't have been a guest it wouldn't have had even 1% of the coverage it got.

I watched the show from the first minute, and for a few hours before the start, the price was above $32 000 - so I don’t think EM had any impact on the price, at least not with what he said. The market simply recovered after another drop below $30k, so although the whole show may have had a positive pre-effect, nothing happened during or after the end - we will have to wait for investors to return from vacation and watch the video

[BITCOIN4X]

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.

I'm also not a fan of Elon Musk, nor am I one of the altcoin trader he promote. But it seem that not all of his credibility is lost just because of his negative opinion about bitcoin some time ago. I have a feeling people would still attribute whatever Elon Musk said as a basis for scavenging a few dollar on price fluctuation. I don't hate him as a big investor in bitcoin, but I do regret his inconsistent and volatile behavior has made people hate him.

Now many people maybe are starting to change their assumption about Elon after he started talking about bitcoin yesterday. We might see a bit of an increased market reaction though not entirely because of that Elon Musk.

[LUCKMCFLY]

Regarding Musk's statements, it seems to me that you have to be very careful, because you may want to take that belief in him again, after his statements many attribute a rise in the price of BTC, it may have been because of it, because Elon Musk still has many followers, but even so when he made FUD to BTC that marks at least those who will never betray BTC, however in the market everything is possible, the article talks about his statements and how he helped the BTC market :

-Elon Musk has reiterated that he plans for Tesla to accept Bitcoin as a form of payment once it becomes more sustainable and confirmed he owns Ethereum.
-Bitcoin has risen over 3,000 points in reaction to Musk’s remarks.
-Ethereum also looks primed for a new uptrend toward $2,300.

The top two cryptocurrencies by market capitalization, Bitcoin and Ethereum, have enjoyed significant gains over the past 48 hours. The assets rose after Elon Musk revealed allocations in

Source: https://cryptobriefing.com/bitcoin-ethereum-rise-as-elon-musk-reveals-allocations/

In my personal opinion, I would not trust Elon Musk much despite, it should be noted that he makes very cunning movements and it is difficult to reveal what his real intentions are.

[thecodebear]

Over the course of the past few months, between flip-flopping tweets/statements about Bitcoin, and endless pumping of a joke coin, Musk has lost credibility in crypto. It's still big news that SpaceX owns Bitcoin, as it once again affirms that plenty of private companies own bitcoin so bitcoin as a store of value for corporations goes far deeper than just the three public US companies we know of. But Musk is no longer the catalyst to drive insane market moves, which is a good thing.

There's also that sentiment is negative right now so good news is less likely to have a big impact on the market.

But it does feel like price is bottoming now that it has been scraping along $30k recently. The Musk statements about Tesla and SpaceX and his own investments in relation to Bitcoin will probably do a tiny bit to firm up $30k as the bottom which has already seemed to be the case for the past two months.

I don't expect a pump but I do suspect we've hit the halfway point of this crash and then next ~2 months will be bitcoin gaining strength in this $30,000s range and building back up getting ready to break out over $40k in September.

[Fesatmas]

There was no significant change in the results of their talks after they were held. it should be that if Elon has a sizable amount of assets in Bitcoin we see a night increase for Bitcoin of at least 5%. but still under $32K.

Well, literally, Elon certainly hasn't pulled out some of his follower pushers to dump and pump like he often does. It will be very dangerous if the crypto market continues to rely on irresponsible tweets.

[Renampun]

...

I'm no longer interested in all of Elon's statements and just think it's normal...

Of course, the price of BTC will be bullish again if positive news on Bitcoin continues to form, especially with the latest news from Elon and Tesla. market manipulators will definitely try to take advantage of this situation.

[$crypto$]

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.

I never know what he will do with his new move although I don't want him anymore because not a true follower if Elon Musk is always inconsistent and ends up being a troll.

With that conversation I don't think there will be a better impact even though he said he still holds btc and will receive btc back at Tesla, will this be the assumption of the next pump with his next tweet?

My opinion won't have a big impact on Elon Musk's future pumping, I'd like to know how Tesla officially announces that it's accepting bitcoin again.

[rahmatrf331]

There was no significant change in the results of their talks after they were held. it should be that if Elon has a sizable amount of assets in Bitcoin we see a night increase for Bitcoin of at least 5%. but still under $32K.

Well, literally, Elon certainly hasn't pulled out some of his follower pushers to dump and pump like he often does. It will be very dangerous if the crypto market continues to rely on irresponsible tweets.

the ups and downs of the current bitcoin price have a balance, the price in one day rose 5% and fell about 5%. I think this is a slight change from last week. the changes are not too significant, but this can be a reference in the future, whether the effect is due to Ulon Musk's tweet or not. for sure the price of bitcoin has started to improve.

[ILuckyGuyI]

It may be helpful for the market to recover. But I'm not sure whether it could affect the market on a large scale like before. And I'm not surprised to hear about his personal investments. It's not hard to guess that he has these coins. The market is already on the rise but we don't know whether it's related to this.

[dothebeats]

At this point, anything related to Tesla or Elon Musk is probably just market manipulation by the CEO of the EV company. His remarks on the regarding renewable energy is really just the wolf hiding in sheep's clothing, and I don't think has any real bearing on his reasons as to why Tesla suddenly stopped accepting bitcoin for their electric vehicles. Only a few people cares about him at this point, and there will come a time when Elon Musk no longer has any influence on any market in the cryptocurrency world.

[DatKing]

I didn't know that SpaceX also owned Bitcoin. I've heard only that SpaceX started to accept DOGE for its mission. So they own DOGE. Re-accepting Bitcoin would help a pump in the price maybe. Elon Musk could help the market recover sooner than we expect.

[Oasisman]

Let's see If Elon can still manipulate the minds of the investors after his inconsistency towards Cryptocurrency and Bitcoin.
This has been expected by the old adopters. Elon will talk something bad about Bitcoin to pull the price down and then this.
Well, rich people is really crazy when we're talking about controlling the mass investors to make more money out of them.
I noticed a little bounce, but could it really pump again? Lol

[janggernaut]

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 fact that you and I are not believing or giving a damn what this guy says doesn't mean he has lost all his credibility in the world, we are just droplets and even all the users on this forum are just a few out of billions. He can still move the markets at ease and you can see that just the rumors of him not being so much anti bitcoin have helped the market from a 29.3 to 32.8, this was all because of that conference and let's be honest if Musk wouldn't have been a guest it wouldn't have had even 1% of the coverage it got.

I haven't watched one minute of Oprah, and I will not even if that's the only clip left on the web but still, I can't deny that one word from that woman could make the shitiest item sell in millions. Same with Musk, for us it might not matter anymore but for the masses it does, as unfortunate as it is.

And look even on this forum, even though people don't like it they still read the news about him, they still criticize him they still care!

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).

[stompix]

He can still move the markets at ease and you can see that just the rumors of him not being so much anti bitcoin have helped the market from a 29.3 to 32.8, this was all because of that conference and let's be honest if Musk wouldn't have been a guest it wouldn't have had even 1% of the coverage it got.

The market simply recovered after another drop below $30k, so although the whole show may have had a positive pre-effect, nothing happened during or after the end - we will have to wait for investors to return from vacation and watch the video

Exactly my opinion, as I said traders or at least a part of them thought that him agreeing to join the conference and coming after not being so much focused on the negative sides and even backtracking on previous statements might lead to some better news, there were a lot of speculations about him saying that Tesla will again accept BTC and even here on this forum there were voices that said the same. After he agreed to talk and share opinions with BMC and the announcements coming from those about renewable energy people hoped for more. It didn't turn out to be that good but it wasn't bad either, so here we are!

Imagine he would have said Tesla has already sold all their coins and doesn't plan on buying back...

[Lucius]

The market, as always, fell for his sweet speeches and the rate grew by more than 10% .... for now. Now they can pump a little and the price will again go below $30 000, under some loud statements that Tesla will not accept Bitcoin this year. The people are still manipulative and they need a led hand that will dictate their terms for what needs to be done, bought or sold.

The crypto market did not react positively after the conference, should I once again write that the price of BTC was above $32K at the time the conference started? The market would recover as many times before and without what EM said, therefore it is completely wrong to say that the price jumped 10% due to something EM said.

Imagine he would have said Tesla has already sold all their coins and doesn't plan on buying back...

He is not stupid in rejecting an investment that will very likely bring him billions of dollars in profits. Imagine what would have happened if he had said that his companies would invest a few more billion dollars in BTC by the end of the year - I bet now the price would be at least $40k+ - but such a statement doesn't make sense if you want to buy cheap, right?

[BigBos]

although it doesn't seem like much has changed at the moment, I think when Tesla gets back to accepting bitcoin, the price will go back up again. but I don't know whether the price can reach the new ATH or not. nowadays quite a lot of people are aware that the price of bitcoin is like being controlled by Elon Musk. well, he looks like he needs to invest more. right now the power of his words didn't make much of a difference.

[Ziskinberg]

No, it will not pump the market, the bull run is already over, but I think it has a good effect on the future of crypto.

The thing is, Elon ruined his reputation already, and it's still too early for people to forget that he is a shill and will continue to be a shill.
if people are interested and follow the hype, the market could have pump now, but unfortunately, we are not seeing that yet and we will not see it soon.

[Kong Hey Pakboy]

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.