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

[pooya87]

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

LOL No, because nobody really cares about Elon anymore after he pulled off the scams a couple of years ago.

He basically started praising bitcoin to get a foot in the door as the media went bananas over his "praises" and advertised him in the crypto world.
Then he started advertising shitcoins that led to their pumps so he liked it (he may have made major investments in those shitcoins to make profit as well).
Then he started bashing bitcoin by spreading FUD about it while advertising more shitcoins to get those pumped.

I don't know if your title is correct or not but changing his stance at this point is not going to matter as much as it did back at the beginning.

[adaseb]

The roller coasting ride that Elon musk set on bitcoin and doge back then is just crazy. At first he tweeted a little about it, then Saylor on twitter said to buy bitcoin with Teslas cash and he publicly showed interest. Then a little while later I think he bought $1B or so in bitcoin.

Bitcoin pumped , all was well and then all of a sudden he took a huge u turn and stopped accepting it for that environmental reason and a while later sold most of their BTC holdings. And price went downwards around that time.

Then doge peaked on the day that he went ok SNL. He barely mentioned Doge and it marked a top and started to decline.

[God bless u]

On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption. For BTC mining, renewable energy is now used for mining and the protection of environmental pollution has been greatly improved. We all know that Mr Masquerque is a big spender, but why has he become cheap

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

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

I think that would be a big change into the market conditions.As we all know that Elon is a great business man and he markets his business really weill. Now if BTC payments will be linked to Tesla then upon sales BTc will also grow.

This means that the future of tesla and Elon Musk both are directly related to the future of BTC and it's a very great news to hear.

[SatoPrincess]

I’m not even a tiny bit concerned about what opinion Elon Musk and Tesla have on Bitcoin. Elon Musk is not someone I’d trust when it comes to cryptocurrency. I remember the stunt he pulled with Micheal Saylor, acting like he had genuine interest in Bitcoin. His true motive was exposed when he suddenly started shilling doge coin and attacking bitcoin claiming bitcoin mining was destroying the planet. I think the fiasco on X with Micheal Saylor was for him to get the attention of the crypto community so he could be able to shill doge.

[hugeblack]

I thought there is new news, but I do not think that the same character that caused a stir in 2021 will return back in 2025, there will be a new event with new people just as it was in every cycle, so it is better not to put much hopes on Elon Musk or Tesla.

[Iranus]

On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption. For BTC mining, renewable energy is now used for mining and the protection of environmental pollution has been greatly improved. We all know that Mr Masquerque is a big spender, but why has he become cheap

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

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

I think that would be a big change into the market conditions.As we all know that Elon is a great business man and he markets his business really weill. Now if BTC payments will be linked to Tesla then upon sales BTc will also grow.

This means that the future of tesla and Elon Musk both are directly related to the future of BTC and it's a very great news to hear.

Remember what he did during bull season in 2021? He is a businessman and what he wants is money, profits, nothing more, nothing less. In addition, bitcoin can develop on its own without depending on or needing the help of any individual or organization. The fact that Tesla or any other company accepts the use of bitcoin means that they want to create benefits and profits for themselves, and do not have good intentions for bitcoin. So don't think that their acceptance of bitcoin will benefit bitcoin and praise them as angels.

I don't know if Elon has any new tricks to continue to influence and manipulate the market. But if he uses the same trick again, I don't think it will work anymore because everyone already knows about this trick and they won't be stupid enough to be fooled by him again.

[m2017]

I have been holding out hope that Tesla would let people pay for the Cybertruck with BTC but it appears that will never happen now.

Would you buy the Cybertruck with BTC? Then bitcoiners could be identified by the presence of this car.

Elon has been pretty silent on BTC since Tesla stopped accepting it and it seems like it was due more to the board pushing back on Elon and him deciding it wasn't worth the fight considering everything else he's got going on. 

For some reason, many people believe that Elon Musk is omnipotent in his company, but as you correctly noted, there are other high officials who can influence decisions on accepting bitcoin as a means of payment for the products of this company.

I'm sure Elon is aware of the 4-year cycle by this point, so I would sort of assume if Tesla was going to start stacking BTC long term by accepting it for their cars, they would wait until the best time to do so, which in my opinion would be in late 2026 or early 2027.

And knowing about this cycle, Tesla will recognize and reject bitcoin under the pretext of protecting the environment or something else every 4 years.

From a business point of view, it is more rational and profitable to accept payment in bitcoin during a bear market.

[eightdots]

I thought there is new news, but I do not think that the same character that caused a stir in 2021 will return back in 2025, there will be a new event with new people just as it was in every cycle, so it is better not to put much hopes on Elon Musk or Tesla.

Similar news comes out from time to time and the reactions on social media are checked. I think this is the case. It looks like Elon will never cut ties with crypto. As in the past, with one tweet, many people will take collective action. There is no need to say anything about whether this is true or not. Investment binds only the person making the investment.

News about something related to Tesla or Elon will always attract attention in the crypto market. I agree with what you said about not pinning too much hope on Elon Musk or Tesla.

[pawanjain]

Elon wa just trying to pump and dump bitcoin just like how he was doing it with Dogecoin.
He was quite successful upto an extent but people have become aware now of his tactics.
Many people have stopped listening to him and the fluctuations due to his announcements have decreased too.

[Lucius]

Bitcoin do not need Elon Musk Mr. Mars. We all know how he is a big time Bitcoin manipulator. And when he's company Tesla stop accepting Bitcoin it indeed affected the market price of Bitcoin. But we soon recovered and moved past that event.
~snip~

To be honest, Bitcoin never needed him, just like other similar people who are very rich, narcissistic and think the world revolves around them. The "problem" is that a lot of people have a very high opinion of such people just because they are rich, and few will dare to ask whether their wealth is fully or partially the result of the exploitation of other people around the world who work very hard in impossible conditions to such people would be billionaires.

Does anyone sane want Bitcoin to be promoted in any way by a man who just laughs and waves his hands at a picture like this?

[legiteum]

Yeah, use an anonymous means of payment that's more expensive and less convenient in order to buy... a car... that is necessarily... registered in your name.

Moronic...

This is a reminder that digital currency will never be something that people use for "large" transactions in a mainstream way because most people don't want anonymity for large purchases, only small ones. Most people don't want their car or house owned by a private key that could be lost or could be stolen, they want it owned by themselves using their actual name.

(Conversely, most people want "small" purchases to be totally anonymous).

[dothebeats]

It's kind of ironic to hear from a CEO that employ technology and sourcing methods that aren't environment-friendly either. At this point, Elon is just trying to manipulate the market indirectly by stating that they will be accepting bitcoin and crypto for car purchases. Even if that goes away, who, in their right mind, would use it to do huge purchases knowing that crypto in general performs a lot better compared to other traditional investments out there?

[darkangel11]

Musk is a liar and a manipulator. I wouldn't trust a word he says. He claimed that Tesla would start accepting bitcoin once 50% of bitcoin mining is from renewable sources and it hit 54% in January but Tesla ignored that because it was all bullshit.

Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption.

Ethereum operates on a Proof-of-Stake model, which means that unlike Proof-of-Work cryptocurrencies, it consumes no energy overall. 

It used to be a proof of work coin for years, so it's not like they're suddenly a green coin. It's been barely 8 months since it switched to PoS.

[Huppercase]

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

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

You actually believe this con artist Elon Musk? As for me, I don't believe a single word that comes out of his mouth regarding any discussion about Bitcoin, opinion about Bitcoin or what he see when people discus about crypto because he had the opportunity to change Bitcoin for good but he screw us up, he mess up a lot of people's investments when they found out he sold almost all the Bitcoin Tesla was selling making excuses of liquidity testing.

If he is going to accept Bitcoin as a means of payment, he should be my guest but I know the guy is having an agenda to either push the Bitcoin price perhaps he has bought some and he want to try again using the bull run that is coming but I guess last bull run losses has made everyone learn their lesson.

[The Cryptovator]

Fuck Elon and Fuck Tesla. I will prefer for him to sell his Bitcoin holdings as well. Bitcoin is more powerful than Telsa or Elon Musk. He is mental, and he fucks Bitcoin always. So I really don't want Bitcoin to be accepted by Tesla. If someone needs to buy Tesla with Bitcoin, they could simply exchange for fiat and buy it. How brilliant is he that he doesn't know how many percentages of energy are consumed by Bitcoin miners? It doesn't make any difference whether he accepts Bitcoin as a payment method or not. So we don't need more drama from Elon. He would destroy the market again. Because he would create FUD again, investors may panic. 

[Zaguru12]

Fuck Elon and Fuck Tesla. I will prefer for him to sell his Bitcoin holdings as well. Bitcoin is more powerful than Telsa or Elon Musk. He is mental, and he fucks Bitcoin always. So I really don't want Bitcoin to be accepted by Tesla. If someone needs to buy Tesla with Bitcoin, they could simply exchange for fiat and buy it. How brilliant is he that he doesn't know how many percentages of energy are consumed by Bitcoin miners? It doesn't make any difference whether he accepts Bitcoin as a payment method or not. So we don't need more drama from Elon. He would destroy the market again. Because he would create FUD again, investors may panic. 

One thing is, bitcoin halving has passed maybe they really want to ride on the trend that the bull run is around the corner, man didn’t even quit before because of any care for energy consumption but rather wanted to take his profit and use a way to hype Doge that doesn’t run on POW, that energy consumption in bitcoin is a problem. This coming back might be for a new shitcoin promotion again, probably using the bitcoin transaction fees as a bait this time.

As for causing FOMO I don’t think he has that pedigree anymore to pull a huge upset on the price like before because many who are in bitcoin now are not famzed buy People like him. There are many huge investors or entities now investing bitcoin like ETF approved entities and they can’t currently be moved or panic because of this things like this. So right now he can’t simply cause that FUD anymore

[Casdinyard]

On May 13, Tesla CEO Elon Musk said on Twitter that Tesla has suspended the use of bitcoin to buy cars due to concerns about the burden on the environment caused by the large amount of energy required for bitcoin mining Other cryptocurrencies are also used for computing power mining, such as ETH, which is also a kind of energy consumption. For BTC mining, renewable energy is now used for mining and the protection of environmental pollution has been greatly improved. We all know that Mr Masquerque is a big spender, but why has he become cheap

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

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

Could be them just cashing out again due to bitcoin becoming hot shit. At this point why do we even care about Elon Musk's crypto credibility, he can't run a company even if his life depended on it, he bought one of the biggest and most important micro-blogging sites on the interweb to personally inflate his ego and create an echo chamber of bots and incels that support him, and all his wives hates him so much he can't even greet his BMs a Happy Mother's Day. Is this the kind of people you would love to trifle opinions with? Add to this the fact that Tesla is one bad breeze of air away from being delisted in NASDAQ, and we got a man and a company clinging on a lost and extinct social status.

So yeah, they can accept bitcoin all they want but I'm not gonna care about it anymore, and neither should you, you know what's going to happen after this when shit hits the fan. So the best course of action here is to just deal with what could really serve us well.

[taufik123]

-snip-
It doesn't make any difference whether he accepts Bitcoin as a payment method or not. So we don't need more drama from Elon. He would destroy the market again. Because he would create FUD again, investors may panic. 

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

It made no difference when Tesla initially announced that they accepted bitcoin, but they sold their bitcoin holdings instead.
And now some rumors suggest that Tesla will start accepting Bitcoin again, but now the most powerful rumors about the acceptance of DOGE as an alternative payment.

One thing is, bitcoin halving has passed maybe they really want to ride on the trend that the bull run is around the corner, man didn’t even quit before because of any care for energy consumption but rather wanted to take his profit and use a way to hype Doge that doesn’t run on POW, that energy consumption in bitcoin is a problem. This coming back might be for a new shitcoin promotion again, probably using the bitcoin transaction fees as a bait this time.

About bitcoin's problematic energy consumption and overuse of energy.
Miners are now wise enough and aware of their environment, so some miners are already using renewable energy and are more environmentally friendly.

Some Bloomberg analysts such as Jamie Coutts reported that in September 2023,
bitcoin mining already uses renewable energy with a percentage of 50% and this is good enough and environmentally friendly.

https://cointelegraph.com/news/bitcoin-clean-energy-usage-exceeds-50-percent-tesla-accepting-btc-payments

[KiaKia]

Maybe it will happen again if Trump wins the election. I think the reason why Elon has become silent about Bitcoin is some pressure behind our backs, he must have felt like it is not worth it, seriously if Trump or Kennedy Jr won the election these big public figures might come out once again and start saying what they have in mind.

Mind you, Elon is always known to be a Doge man, even if he talk about Bitcoin he is doing Doge coin a favour, these billionaires don't have power over Bitcoin, but the listeners who likes Hype and Fomos, with or without Elon Musk Bitcoin will still do very well.

They all understand the 4 years cycle, and I believe that when the time is right we will start seeing some crazy tweets again, they understand the game, and they very informative too, I personally just don't give a heck about them is all.

[coolcoinz]

Even a Doge founder did not support speculation behind the coin and what Musk did with it was purely speculative. He's a well known guy with many followers and used that influence to make money. What he did to bitcoin is in fact forbidden with stocks, but he did not go to jail because cryptocurrencies are largely unregulated and his whole pump and dump happened when SEC was still thinking if it's a commodity or a security.

Personally, I'm not going to ever buy a Tesla, so I don't care if they accept bitcoin or not. I'd feel better if people like Musk stopped scamming people and lying about bitcoin's environmental impact.