PercT4b (OP)
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August 26, 2021, 05:43:10 PM |
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At the B-word event, and on other occasions, Elon said Tesla was going to accept BTC again when its mining would have become "greener" (at least 50% of green energy usage).
Now, let's pretend we are all cynical and insensitive people, who believe that Elon is only waiting for the right moment to start a new rush, looking at the current market conditions, do you believe that Elon is going to make the move by the end of this summer or maybe we should wait till the end of the year?
P.S. n.1: obviously I don't want to appear like a fool who "follows every move his hero is going to make", but I think we all agree about the influence of this man (basically the previous bull-run was caused by him) and the power he has.
P.S. n.2: now let's assume that Elon really follows the percentage of green energy used by the mining industry, when you believe we are going to reach that fateful 50%?...Is there a website or some on-chain indicators that could give that type of information?
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ranochigo
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August 26, 2021, 06:24:01 PM |
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No. Any sampling that you're going to obtain is going to be either highly biased or just outright inaccurate. Only the miners who are using a huge percentage of green energy would bother declaring that they're doing so, if they do then how should we check and enforce it? It is simply impossible for the target to be achieved, or at least without a guarantee that the statistics are accurate.
If you think that the problem of energy consumption is solved by renewable energy, you're dead wrong. Elon Musk obviously doesn't care about the environment or perhaps he's just living in his own world.
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coupable
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August 26, 2021, 07:05:27 PM |
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P.S. n.1: obviously I don't want to appear like a fool who "follows every move his hero is going to make", but I think we all agree about the influence of this man (basically the previous bull-run was caused by him) and the power he has.
In this case, the right question should be when Tesla or SpaceX will accept Doge coin, as Elon Musk was also responsible for the bull-run for Doge. It was a Hype we shouldn't wait for more consequences from it . P.S. n.2: now let's assume that Elon really follows the percentage of green energy used by the mining industry, when you believe we are going to reach that fateful 50%?...Is there a website or some on-chain indicators that could give that type of information?
There are no reliable ressources that provide info about the green energy consumption for the global economy. And in particular for bitcoin mining, the info about energy consumtion is hidden and none of the mining companies announce such an info in public .
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terrorJR
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August 26, 2021, 07:07:55 PM |
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at first i was interested in things related to elon but now i don't really follow and even still not interested about what he does be it positive or negative about btc. because his statement is always changing all the time and can not be trusted completely. the issue of whether elon and tesla will return to accepting bitcoin after the energy consumption problem is resolved I'm not sure if they will care or not. they seem to care about this but on a closer look I'm not sure about it. because Elon only cares about his world not with btc. even if renewable energy solves the problem of mining this won't guarantee it will be friendly to btc, but it doesn't matter because elon is there or not I don't really care about that, although indeed with him he can at least have a good influence on btc because influencers like him have a lot of followers.
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EdenHazard
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August 26, 2021, 07:16:28 PM |
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Forget tesla. they have bought low and gradually selling now till the dust. panic selling incoming now, people are talking another shit about amazon and thats a delicious ride for those who setting this a little drama to pump it up to get dropped to the lowest value in a year.
they are no longer interested (they never did) in bitcoin since the first day , its all bullshit.
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Maidak
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August 26, 2021, 07:52:00 PM |
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At the B-word event, and on other occasions, Elon said Tesla was going to accept BTC again when its mining would have become "greener" (at least 50% of green energy usage).
Do you still believe that he is care about the environment? This guy is nothing but crazy, he is too much concerned about the energy consumption by Mining Bitcoin. He launches bunches of starlinks which are visible by naked eye, Didn't it ruin the atmosphere of the sky? somewhere I read about the "Nuke Mars" theory, he want to drop nuclear weapon at Mars to make it livable for human being. can you tell me what level of madness can think like this way? I believe he bought bitcoin at lowest price and then made a FUD to buy again at the lowest price. environment is nothing in here, he just thinking about his won profitability.
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swogerino
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August 26, 2021, 10:03:13 PM |
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At the B-word event, and on other occasions, Elon said Tesla was going to accept BTC again when its mining would have become "greener" (at least 50% of green energy usage).
Do you still believe that he is care about the environment? This guy is nothing but crazy, he is too much concerned about the energy consumption by Mining Bitcoin. He launches bunches of starlinks which are visible by naked eye, Didn't it ruin the atmosphere of the sky? somewhere I read about the "Nuke Mars" theory, he want to drop nuclear weapon at Mars to make it livable for human being. can you tell me what level of madness can think like this way? I believe he bought bitcoin at lowest price and then made a FUD to buy again at the lowest price. environment is nothing in here, he just thinking about his won profitability. Exactly.He is no hero for Bitcoiners,it was falsely perceived as a one when Bitcoin started the bull run after he said he would accept Bitcoin for his Tesla cars.Soon after though he came out with another tweet saying that Bitcoin mining is bad as is consuming a lot of energy resources which made Bitcoin go again downhill at the place where the bull run started.Then after sometime he comes and say that maybe he will start accepting Bitcoin again if we use greener energy.To me is nothing but a person who wants to get richer and richer for himself and he doesn't care about Bitcoin and Bitcoiners.You should know that money itself when in extremely large quantity is an illness rather than a blessing as you want more and more and greed doesn't let you live normally.
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Slow death
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August 26, 2021, 10:56:40 PM |
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about Tesla accepting bitcoin as payment, I have a question that I think is an important thing for us to ask: how many people would use their bitcoin to buy a Tesla car? in my opinion whether or not Tesla accepts bitcoin will not change anything because few people would use bitcoin to buy things on Tesla P.S. n.2: now let's assume that Elon really follows the percentage of green energy used by the mining industry, when you believe we are going to reach that fateful 50%? The irony of all this is that he bought bitcoin knowing this fact. we all know that 90% of the things we use are made thanks to the destruction of the environment and thanks to the consumption of a lot of electricity, so blaming bitcoin wouldn't be fair, therefore I don't I see what he intends with this and I don't see it being possible what he wants to be accomplished in a few years, and it's a very long and very time-consuming process.
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passwordnow
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August 26, 2021, 11:02:16 PM |
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Instead of accepting bitcoin, I think that he's more of buying bitcoin than accepting it as a payment. And aside from bitcoin accepting it through Tesla. He should do better with his shilling of Dogecoin and start accepting it through Tesla and other companies that he owns. That does makes sense if he's really a lover of doge.
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Oilacris
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August 26, 2021, 11:15:32 PM |
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Instead of accepting bitcoin, I think that he's more of buying bitcoin than accepting it as a payment. And aside from bitcoin accepting it through Tesla. He should do better with his shilling of Dogecoin and start accepting it through Tesla and other companies that he owns. That does makes sense if he's really a lover of doge.
Doesnt really matter because this is just a matter of preference neither he would shill out bitcoin or doge then its up to him but the thing here is that the community is really highly reactive on whatever things that he's tending to do and its none of our business on what he would do into his company and into his money. We are free on things that we do see that would be giving advantage. Important thing here is that you do know on when to get in when hype is on peak and when to get out when its starts to be bitter.
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taufik123
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August 26, 2021, 11:22:11 PM |
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-snip- how many people would use their bitcoin to buy a Tesla car? in my opinion whether or not Tesla accepts bitcoin will not change anything because few people would use bitcoin to buy things on Tesla -snip-
does it really not change anything? I think if tesla re-announces that he will accept bitcoins back and add it with other cryptos like this, this will make the price stronger and more investors start getting into crypto. this is the most powerful adoption in history. Elon has a strong influence when he says something about bitcoin and all that stuff. People who probably have a lot of bitcoins in their personal wallets will start buying tesla with bitcoins, that's for sure. It just takes time.
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stompix
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August 27, 2021, 01:02:32 AM |
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about Tesla accepting bitcoin as payment, I have a question that I think is an important thing for us to ask: how many people would use their bitcoin to buy a Tesla car?
Every time I see those questions I'm wondering the same thing about the OP: If they do accept, do you plan on buying one? But I already know the answer! Nobody cares about buying a Tesla, they care about the announcement of such a thing driving the price up. Buying things with coins, no way, from block 697725 we have seen only 4 full blocks till the current 697756, coins are too precious to be spent. this will make the price stronger and more investors start getting into crypto.
Eh, what I was saying? No. Any sampling that you're going to obtain is going to be either highly biased or just outright inaccurate. Only the miners who are using a huge percentage of green energy would bother declaring that they're doing so, if they do then how should we check and enforce it?
What, you don't trust the Bitcoin Mining Council that claims to the press it goes 102% green while telling investors they've just modernized the coal plant in Montana to get 2 cents per kWh? Montana, New York, now two more coal powerplants in Pennsylvania, and because they are burning waste coal they are claiming they are carbon-free... The propaganda on both sides is ridiculous!
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Dave1
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August 27, 2021, 01:23:39 AM |
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Doesn't matter if Tesla is going to accept BTC soon.
Elon Musk has some narrative about the supposedly green energy argument of his. He is going to sell solar panel anyway, so that is his narrative for not accepting bitcoin as mode of payment. And miners are not going to adjust to just one person and his argument are flawed in the beginning as well.
He might rather accept his favorite meme coin, Dogecoin rather than bitcoin, but we will be good enough, don't you worry.
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yazher
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August 27, 2021, 01:25:11 AM |
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Forget tesla. they have bought low and gradually selling now till the dust. panic selling incoming now, people are talking another shit about amazon and thats a delicious ride for those who setting this a little drama to pump it up to get dropped to the lowest value in a year.
they are no longer interested (they never did) in bitcoin since the first day , its all bullshit.
The price right now is going up again by 22.3% in the last 30 days which is a good thing we have even though they're not helping at all. It's best for them not to get involved in crypto when they only put their money to sell everything when the price is rising. Just like what they did last time and they might be about to do the same thing again.
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Darker45
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August 27, 2021, 01:27:29 AM |
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Tesla may or may not accept Bitcoin soon, but it definitely will one day. But who cares about Tesla not accepting Bitcoin? Do you think Bitcoin's growth would be stalled simply because Tesla is not accepting it as an alternative form of payment? Of course, not. On the other hand, do you think Tesla would remain stubborn in not accepting Bitcoin if there is a significant demand for it or if Bitcoin becomes widely used as alternative payment?
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Tina H
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August 27, 2021, 02:29:17 AM |
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Individuals absolutely accept that Bitcoin will have a certain impact on virtual currency, but it is not the most important factor. Just last month, Tesla’s CEO Musk’s policy made people very unclear about his thoughts. In fact, for Musk’s economy, he may just be adjusting the current market economy. Such an approach may eliminate the negative impact of some people on Bitcoin. If Bitcoin falls, Tesla will have a corresponding loss. I think whether we accept it or not, we should be ourselves and not over-consuming ourselves.
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Robinson66
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August 27, 2021, 03:02:25 AM |
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at first i was interested in things related to elon but now i don't really follow and even still not interested about what he does be it positive or negative about btc. because his statement is always changing all the time and can not be trusted completely. the issue of whether elon and tesla will return to accepting bitcoin after the energy consumption problem is resolved I'm not sure if they will care or not. they seem to care about this but on a closer look I'm not sure about it. because Elon only cares about his world not with btc. even if renewable energy solves the problem of mining this won't guarantee it will be friendly to btc, but it doesn't matter because elon is there or not I don't really care about that, although indeed with him he can at least have a good influence on btc because influencers like him have a lot of followers.
Many people are not trusted for Mask. I have been concerned with Masque before, and his words have an impact on his supporters. I am in accordance with his pusher. More and more people don't believe in Mask, but still pay more attention to the market. No matter where he does not accept bitcoin, there has no effect on comparison. Bitcoin does not rely on someone to develop.
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pealr12
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August 27, 2021, 03:06:22 AM |
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at first i was interested in things related to elon but now i don't really follow and even still not interested about what he does be it positive or negative about btc. because his statement is always changing all the time and can not be trusted completely. the issue of whether elon and tesla will return to accepting bitcoin after the energy consumption problem is resolved I'm not sure if they will care or not. they seem to care about this but on a closer look I'm not sure about it. because Elon only cares about his world not with btc. even if renewable energy solves the problem of mining this won't guarantee it will be friendly to btc, but it doesn't matter because elon is there or not I don't really care about that, although indeed with him he can at least have a good influence on btc because influencers like him have a lot of followers.
A business man with the interest of making money in mind will always finds a way to make things beneficial to them, Elon is no difference, his popularity has increase even more since the announcement of Tesla accepting btc, much attention than before, the crypto community is big and he his tapping from it, already he has big support now include the support from crypto lovers, Elon is enjoying the best of both worlds, Tesla and Crypto, he already said if 50% btc are greener his company will consider, I believe he is still looking towards that direction.
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ethereumhunter
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August 27, 2021, 03:28:47 AM |
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I do not care if Tesla is going to accept BTC again or still reject it because it does not matter right now. Many companies will accept BTC and that is worth than Tesla. Elon only search for his popularity and how he can increase the popularity without care about crypto or BTC. If he want to accept BTC, he can do right away and the market will not depend on what he said. I would not buy Tesla or other his product using BTC because it is better to save BTC while waiting for the price increase.
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Sithara007
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August 27, 2021, 03:56:06 AM |
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The 50% threshold was just an excuse to drop Bitcoin from the available payment modes. Tesla and Elon don't want to accept BTC and they dropped it. And before that they managed to fool the Bitcoiners. When the announcement about Tesla accepting BTC was made, a lot of the users went ballistic and within a few days Tesla received several orders. And after two weeks, they went back on their promise. Since the orders can't be cancelled, those users who ordered their vehicles from Tesla were left high and dry. I hope everyone takes this as a valuable lesson for the future.
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