The trend of crypto adoption is growing and increasing. Many businesses are adding cryptocurrencies to their portfolio of business assets in recent times.
Bitcoin miners are gradually using renewable energy sources for Bitcoin mining. Bitcoin production will become cleaner and meet environmental standards as TESLA has argued.
I think TESLA will soon accept Bitcoin again so as not to fall behind the competitors. TESLA is not only a technology company but they are also a financial empire.
Topic: Is Tesla going to accept BTC again soon? (Read 396 times)
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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
i tried to look if theres a dedicated site to check the mining status of btc but sadly i havent found any , only news articles but dont worry because these news articles will also update us by the time btc mining is fully green . theres no harm if we believe in the promise of elon musk, whether he accepts btc again or not , its still a win win situation for btc .
I believe that Elon Musk interested in bitcoin. He is a big businessman who very popular in the world, I believe that he will not choose bitcoin for his investment without serious consideration. If Elon Musk embrace bitcoin it will proof that he is a person who not easily give up with trouble. In my opinion futuristic company like Tesla is appropriate for bitcoin and vice versa. So yes, I think Tesla is going to accept bitcoin again. It will be better for us to take a good position in trading before bullish market happen.
I believe it's not just tesla, if the adoption comes from the leading economic powerhouses, the adoption effect will be massive. The point is when the time is right, and we are still seeing a bright future for the cryptocurrency sector. I think Elon is always different and opportunistic before others, and let's wait and see his actions on this market, the case of Doge coin just take it as a joke and replace it. It would be something huge.
They said before they did, and then after a few weeks they decided to reverse the said decision. This deception needs to be stopped and that we cryptocurrency holders should show that we are not being intimidated by their company. I don't think that Tesla is committed to Bitcoin and cryptocurrency so I think it is time to stop talking about them because this is what they want. Free publicity, stop talking about Tesla and move on with life as they don't deserve the popularity.
No, you can't precisely measure how exactly green Bitcoin mining is and all this eco talk is just commercial for Elon kissing asses for carbon credits and globalist agenda.
All you can find is approximate amount of miners that are using power coming from hydro plants and that is not an easy task, especially measuring percentages.
You could measure how many households are mining Bitcoin by comparing it to the average household but the only problem is the governments are the only ones with that information and they are only going to release information which makes Bitcoin look bad. If you think about it going green and keeping energy costs down are within the best interests of miners. It is not like the miners are choosing to pollute the earth its that green energy is expensive to invest in and you do not benefit from it until later in life. A solar panel costs more than $20k to take over a average household but it takes 20+ years to benefit from it. It is not worth it yet and that is what needs to be addressed and not targeting consumers who use electricity to power their miners. All you can find is approximate amount of miners that are using power coming from hydro plants and that is not an easy task, especially measuring percentages.
I mean, he promoted Doge which generates a lot of hype, so what happens to the investors now? Their money are stucked and it's just a matter of time before they will dump because they are tired of waiting.
No, you can't precisely measure how exactly green Bitcoin mining is and all this eco talk is just commercial for Elon kissing asses for carbon credits and globalist agenda.
All you can find is approximate amount of miners that are using power coming from hydro plants and that is not an easy task, especially measuring percentages.
You could measure how many households are mining Bitcoin by comparing it to the average household but the only problem is the governments are the only ones with that information and they are only going to release information which makes Bitcoin look bad. If you think about it going green and keeping energy costs down are within the best interests of miners. It is not like the miners are choosing to pollute the earth its that green energy is expensive to invest in and you do not benefit from it until later in life. A solar panel costs more than $20k to take over a average household but it takes 20+ years to benefit from it. It is not worth it yet and that is what needs to be addressed and not targeting consumers who use electricity to power their miners. All you can find is approximate amount of miners that are using power coming from hydro plants and that is not an easy task, especially measuring percentages.
The green energy percentage is sort of nebulous. There is no definitive way to determine how much mining energy is considered green energy. It is really just up to Elon Musk to decide if he wants them to accept it again. Once all the different studies are in agreement that the majority is green energy I think they will probably begin re-accepting it, otherwise it would be a bad look.
I think Elon Musk talks too much and changes a lot, I don't care about him and Tesla, I'm sure if Tesla doesn't accept bitcoin then it won't have any impact on the market, bitcoin has a marketcap of more than $930 billion or more than 10x Elon Musk's wealth.
With the terrible things Elon Musk has done, I have a hard time believing that Tesla will accept Bitcoin again. I'm like you don't care what Elon Musk
and Tesla are going to do, so long as there's no concrete evidence that Tesla accepts Bitcoin. I just think this is another lie from Elon Musk, without
Elon Musk and Tesla I believe Bitcoin will continue to grow rapidly.
If they still lying to us, people will keep ignoring them but if they are true with their plan, might people get overwhelmed and support the company. But since there is no final statement that Tesla will accept Bitcoin we can't live the doubt that the community isn't convinced by the rumors that they have heard around.
It was probably hard to put back our trust in Elon and Tesla as it had once been rejected. I can't blame the community as well to think negatively but why not give it another chance? Maybe they are serious this time and committed to the benefits of everyone, not to prusue their personal interest.
It was probably hard to put back our trust in Elon and Tesla as it had once been rejected. I can't blame the community as well to think negatively but why not give it another chance? Maybe they are serious this time and committed to the benefits of everyone, not to prusue their personal interest.
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).
I don't really care what Tesla and crazy liar Elon Musk will do next but I know they are still holding a lot of Bitcoin and they can try to manipulate price few more times for making profit.
It's more likely he will try to create his own version of ''better Bitcoin'' like many before him tried and failed, so maybe we see him accepting payment for Tesla in his own coins.
I would prefer if they never accepted Bitcoin in the first place than creating circus show after that with his statements and removing support.
Is there a website or some on-chain indicators that could give that type of information?
No, you can't precisely measure how exactly green Bitcoin mining is and all this eco talk is just commercial for Elon kissing asses for carbon credits and globalist agenda.All you can find is approximate amount of miners that are using power coming from hydro plants and that is not an easy task, especially measuring percentages.
if you ask if tesla will accept bitcoin again,, for now i am no longer interested in following the tesla company, the reason is because elon musk has no stand, his tweets often change, sometimes he posts negative things about bitcoin, and sometimes he also posts positive things about bitcoin, for that reason I personally am not very interested in following them anymore..
I probably hate Elon and Tesla more than you do, but still I understand that there is some benefit in Tesla accepting Bitcoin. I have no plans to purchase a Tesla vehicle anytime in the next 10 years, but let other Bitcoin users have the freedom to do that spending some of their coins. Tesla still have a lot of BTC in their cash reserves and it makes perfect sense for them to accept BTC again. Bitcoin has already provided them with $1 billion in profits. If they resume accepting Bitcoin, then hopefully Elon would keep his mouth shut this time and will not create chaos in the market.
if you ask if tesla will accept bitcoin again,, for now i am no longer interested in following the tesla company, the reason is because elon musk has no stand, his tweets often change, sometimes he posts negative things about bitcoin, and sometimes he also posts positive things about bitcoin, for that reason I personally am not very interested in following them anymore..
The real question is "does it even matter?".
I'd say not at all, not for bitcoin and bitcoiners and not for Tesla itself. Accepting bitcoin payments was only an advertisement for their company and their stock value and it did its job when they first started the advertisement. But as Elon Musk started FUDing bitcoin his credibility declined and people will ignore him. Additionally even if Tesla starts accepting bitcoin it won't change their sales so it won't have any benefits either.
I'd say not at all, not for bitcoin and bitcoiners and not for Tesla itself. Accepting bitcoin payments was only an advertisement for their company and their stock value and it did its job when they first started the advertisement. But as Elon Musk started FUDing bitcoin his credibility declined and people will ignore him. Additionally even if Tesla starts accepting bitcoin it won't change their sales so it won't have any benefits either.
Soon, no, even Elon Musk has realized the ways to solve the problem of Bitcoin mining, but it will take more times to realize.
Moreover, what we are expecting from it? Its good news that suddenly turned into bad news or FUD?
They can make the decision differently shortly and this will really give influence certainly to the crypto world, because he is Elon Musk, with its big power.
Moreover, what we are expecting from it? Its good news that suddenly turned into bad news or FUD?
They can make the decision differently shortly and this will really give influence certainly to the crypto world, because he is Elon Musk, with its big power.
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 .
Well, he did have some power over Bitcoin as well, as when Tesla invested in Bitcoin, it triggered positive movement and helped Bitcoin to reach new heights, and, combined with China's mining restrictions, the announcement about Tesla stopping to accept Bitcoin was impactful. As for dogecoin, I don't think it'll be accepted as payment by Tesla, as the momentum for that decision is lost. I remember him making a poll on Twitter on whether Tesla should start accepting Doge, and the vast majority voted 'yes', but he decided against it anyway. Yes Tesla mayb going to accept BTC as a way of paiement earlier or later, but for now, this move will only happen if Elon use it as a strategy to get more community trust in addition to money profit. Note that Elon Musk owe investors millions of dollars (God knows how much exactly) and didn't yet start generating profits from all his announced projects .
Nobody cares about buying a Tesla, they care about the announcement of such a thing driving the price up.
Well, of course, only a few will really take the opportunity to buy such a car by paying with BTC, and most would like to see EM announce again that his company is once again allowing payments with green BTC. But it's hard to believe that he can believe the story of how BTC mined in the US is much greener than those that were mined in China, because as you yourself wrote, the facts point to a completely different situation.
It makes no sense for an intelligent man to perceive the facts so wrongly, and to believe that crypto mining has such devastating effects on the environment. He sold us that story, but I don't believe it's true - besides, his companies still own BTC, so it's a bit hypocritical to say "I don't want transactions with BTC, but I don't mind having it in a crypto wallet."
Im not sure that the main investors was happy about this decision in the past. I dont think that Tesla will accept crypto anytime soon
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 .
Well, he did have some power over Bitcoin as well, as when Tesla invested in Bitcoin, it triggered positive movement and helped Bitcoin to reach new heights, and, combined with China's mining restrictions, the announcement about Tesla stopping to accept Bitcoin was impactful. As for dogecoin, I don't think it'll be accepted as payment by Tesla, as the momentum for that decision is lost. I remember him making a poll on Twitter on whether Tesla should start accepting Doge, and the vast majority voted 'yes', but he decided against it anyway. As for Bitcoin, it's indeed hard to make proper assessments as many mining farms operate illegally or at least undercover (pretending to be doing something else), and it isn't always easy to find out where your electricity is coming from (at least, in my country), so a reasonably accurate estimation is indeed hard to put together, as others have pointed out.
I really don't care if they do. The first time already was not real to me. Accepting for Bitcoin to be used for payment of Tesla cars and then waking up to discontinue the use of Bitcoin as payment. At some point, it felt like Tesla did'nt even want to accept Bitcoin. However, that has made me skeptic about what is said. If they choose to accept it a second time, I hope that they be serious about this time.
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.
Who told you that Tesla is selling bitcoins gradually? They are still holding the bitcoins they have bought. As far as I know, they only sold like around 10% of the coins to test the liquidity and that was like few months ago. So stop spreading rumors? Even if they end up selling their coins, it will affect the market, but that is going to be just a short term effect. The market will gradually recover. The amazon "shit" you are talking about was already addressed by the amazon team. They said they won't be accepting crypto currencies anytime soon. 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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