Tesla may once again accept bitcoin payments whether this is capital snobbery or

[Wexnident]

~

Where is this tweet exactly? I scoured his tweets for the past week and there was none related to resuming BTC payments. At least that, or I just suck but well give me proof of it at least.

But anyway, if it was true, considering his influence on DOGE holders who knows, there might just be a wave about it. As much as some people hate him, he has a big influence overall among a lot of people so its no surprise if it actually happens. Personally though I don't really give a damn, and neither should most people imo. In the first place he became famous in crypto in general because of how he was one of the first few big name supports for crypto no? That phase is pretty much over I'd say.

[pooya87]

Whatever Elon does relate to Bitcoin or other cryptos will always bring a big FOMO wave and also a terrible FUD wave.

Not really though.
If you review the chain of events of those days, you can clearly see that there already were trends that Elon just jumped on. For example bitcoin was already rising and gaining a momentum before Elon jumped on board and started "advertising" it. Then again that momentum had already died and the correction/crash had already begun for multiple different reasons, then Elon jumped on board of that and started spreading his FUD.

In other words, the only thing you can say with certainty is that Musk contributed to ongoing trends but didn't cause them.

[Don Pedro Dinero]

For me, Musk could go fuck himself whether he goes back to accepting bitcoin payments for Tesla or not. But inevitably, if he does, it will have an effect on the market, as it did in the past when he announced he was accepting bitcoin payments and then stopped accepting them. Just like when he bought and sold bitcoin.

[pinggoki]

For me, Musk could go fuck himself whether he goes back to accepting bitcoin payments for Tesla or not. But inevitably, if he does, it will have an effect on the market, as it did in the past when he announced he was accepting bitcoin payments and then stopped accepting them. Just like when he bought and sold bitcoin.

That's definitely a thing that Musk should do but good for Tesla to be getting back into accepting bitcoins for payments again, they've been a disaster all this time and I think that it's a good tine for them to get some wins because I don't know how can they keep doing all of this, they've got issues with their cars right and they've got some money problems too? This move will probably make things better for them. I hope that they do the same thing that they did with bitcoin back then though, they can do something with the market and hopefully I can capitalize on it to grow my own money stash.

[Synchronice]

Elon Musk is no longer relevant in the Bitcoin community even if he goes on to say that spaceX would start accepting Bitcoin for whatever reason that wont don't change a thing.

Believe me, he is still very influential and can manipulate Bitcoin's price if he wants. The guy is one of the richest person, owns one of the most famous social media called Twitter (X). He has an influence, just imagine if he starts a crypto business and invests bunch of millions of billions of dollars into specific advertising, I bet he can change the fate of this coin for better or for worse but even without that, he can still manipulate it with his words.

Elon musk is a multimillionaire and I know for a fact that he does not care about the environment or whatsoever as long as it is beneficial to him. He has incorporated NFTs on his brand Tesla and we all know that NFTs are extremely harmful to the environment.

What gives you a reason to say that NFTs are extremely harmful to the environment? NFTs have nothing to do with environment, they are just harmful in a way that money is made out of thin air and too many dumb people lose money (debatable whether this last one is harmful or not).

[bluebit25]

Some issues try to be labeled with bitcoin at this point just to draw attention to itself, in any case, sort of +bitcoin content.

Not only stories about Tesla, Elon Musk, USA, China,... a series of different issues have appeared that partly reflect the influence of bitcoin at this stage, perhaps people do not want to miss the opportunity that bitcoin brings, acceptance is widespread but one day there will be people turning away and talking about bitcoin being harmful.

And anyway, bitcoin is still bitcoin, no matter what it adds, it means we are only trying to find benefits through bitcoin.

[o48o]

Elon musk is a multimillionaire and I know for a fact that he does not care about the environment or whatsoever as long as it is beneficial to him. He has incorporated NFTs on his brand Tesla and we all know that NFTs are extremely harmful to the environment.

What are you talking about? I would like something to back this up. Elon has ridiculed NFT use cases many times and i've not heard anything about tesla/nft incorporation, even though i have been wathing this scene pretty closely. And i even googled about it to be sure, but if someone has shared some article about this, or you've seen a youtube video about it i am pretty sure you have been conned with a deepfake, and hopefully you didn't invest anything.

[oktana]

If Elon makes one or two tweets, there’s no doubt that Bitcoin will not go over the roof. But I don’t think it’s a good thing for Bitcoin. We are already dealing with price fluctuations and volatility, I’m not sure more volatility is what Bitcoin needs. While I don’t know his true intentions, I know that Elon is a very smart man and all his moves are 99% calculated. So he knows what he’s doing and it’s best to watch than participate because he has money we don’t.

[taufik123]

-snip-
Then again that momentum had already died and the correction/crash had already begun for multiple different reasons, then Elon jumped on board of that and started spreading his FUD.

In other words, the only thing you can say with certainty is that Musk contributed to ongoing trends but didn't cause them.

His momentum is dead, and Elon's influence on the price of Bitcoin is also not as strong as before because he also became a FUDDER and sold some of his holdings.

Now the trend is still going pretty well, after a halving correction occurred and some intimidation from the SEC and ETF policy became the main focus.
Elon does not exert any pressure and tends to focus on his business only.

[Assface16678]

-snip-
Then again that momentum had already died and the correction/crash had already begun for multiple different reasons, then Elon jumped on board of that and started spreading his FUD.

In other words, the only thing you can say with certainty is that Musk contributed to ongoing trends but didn't cause them.

His momentum is dead, and Elon's influence on the price of Bitcoin is also not as strong as before because he also became a FUDDER and sold some of his holdings.

Now the trend is still going pretty well, after a halving correction occurred and some intimidation from the SEC and ETF policy became the main focus.
Elon does not exert any pressure and tends to focus on his business only.

True, elon musk has quite creates a numerous scenes and a lot of people didnt like it so his influence to bitcoin price will not be that impactful anymore, unless he has a huge amount of holdings, like a whale so if make a movement in the market then expect that the market will follow, but I doubt that he will invest more on bitcoin unless he really is, because imagine the amount of money he already has, so he doesnt need to do bitcoin, but the fact that he is ready to accept bitcoin payment again means he will accumulate more bitcoin holdings and the intention is unclear, what is his intention? Its just that he wants a expand the choices of people to buy his products? Or is it for his own good? Anyway no matter what it is, its a good news for those bitcoin holders, they can now brough tesla car using their assets.

[passwordnow]

It may be that the recent news of BTC has been touched by the recent activity of Tesla CEO Elon Musk (Elon Musk), which once again triggered fluctuations in the value of bitcoin. He recently tweeted that Tesla may resume accepting Bitcoin as a payment method

I don't think that we should give him more attention with whatever he does now. With what's happening to the Bitcoin's price as of now, we've reached back to $71k in just a few span of minutes after it has just hit $70k. And to give an idea to the other people that have been an avid fan of Elon and his companies, whether he's in or not, the market will continue to go on and Bitcoin will flourish no matter what. I can't deny that there's a significance of his influence to it because many are his followers but he's always on an all talk guy for the memes so, spare yourself if you're an avid fan and don't take his words as financial advise if you're an investor of BTC.

Is this capital support for BTC or the hot event of BTC again? Which leaves us guessing

Not anymore. But we're on a bull run and again with talks like this will certainly gather the attention of the media and they'll for sure gonna publish headlines against that will have that tag line of Elon BTC, Tesla invests in BTC and whatnot. That's how the media is capitalizing with this although the significance isn't no longer compared years ago when it was a new news and selling like hotcakes. If you're an optimistic guy and enthusiast about adoption, you'd just welcome it whether they'd be back or not. Because with Tesla investing on BTC before and it was published, the market shoot and skyrocketed no doubt. But what's the bigger take of the market and community nowadays, are the financial institutions getting their space through BTC spot ETFs.