Tesla will accept $ because they're environment friendly - page 3.

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

Quote from: virtualdn on May 13, 2021, 05:46:35 AM

He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

hold on, you're telling me the guy who's manipulating the bitcoin market, a market worth almost 1trillion american usd, as well as altcoin market all by himself has the iq of a 10yo?? damn! are kids really that smart nowadays?? Grin

jokes aside, i find it hard to believe Elon didn't know about btc and its btc environment, looks to me like he wanted to see how much he could manipulate btc and succeeded. He got what he wanted, bought cheap coins, got a bunch of ppl jumping on the btc bandwagon to pump the price, and now he found an exit point to dump part of his stash

Quote from: bryant.coleman on May 13, 2021, 07:21:46 AM

I have been a Bitcoin user for 9 years and I have seen this sort of manipulation before.

been in the btc space for 6 years now and i haven't seen this type of manipulation before, at least not at this scale and definitely not by a single person

Quote from: virtualdn on May 13, 2021, 08:12:38 AM

Yeah but look where John McAffee is now. Isn't Musk afraid he might end the same?

wasn't McAffee getting paid to shill shitcoins and scamcoins? bit different, no?

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Maybe that is his strategy by making a noise in the crypto world and then after making a lot of money, he said like that.
That is why we do not have to follow what he said before searching for the truth or the other news.
But if that is for making money, maybe we can follow him but we should know when we need to leave the market not to regret it later.
Tesla can accept anything they want because Tesla is a big company that can decide whatever they want.
But they can not do anything forever because the market will know how the situations and conditions.
I think Elon make a mistake this time because he plays with fire.

virtualdn

legendary

Activity: 1358

Merit: 1093

Quote from: DigitalFox on May 13, 2021, 08:02:05 AM

During last hype it was JohnMcAfee acting as in crypto world entertainer. This time it's Elon Musk. I wonder who's going to be next one LOL

"mining operation carbon footprint", what a pile of BS

Yeah but look where John McAffee is now. Isn't Musk afraid he might end the same? Why isn't he behaving like a mature guy, 45 or how many years he has and not like a 10 years old kid. Just because he happens to be a billionaire?

DigitalFox

member

Activity: 280

Merit: 28

During last hype it was JohnMcAfee acting as main crypto world entertainer. This time it's Elon Musk. I wonder who's going to be next one LOL

"mining operation carbon footprint", what a pile of BS

CoinComputer

newbie

Activity: 48

Merit: 0

Quote from: mr_ROBOTT on May 13, 2021, 06:44:36 AM

When Elon accepted Bitcoin and earned his company revenue by selling Bitcoin in the first three months of 2021, we should have doubted his business policy. Elon, like other rich people, only made his profit from Bitcoin with Tesla. and after making a lot of money for himself and encouraging a lot of people to buy bitcoin, he suddenly remembers the environment and energy consumption?
It's all like a joke.

Yeah he should be concerned about his actions, whilst Bitcoin is not regulated as such, TESLA is and it's likely the SEC will be looking at the fact they sold earlier in the year and now his tweet tanked the market. If any worker/related party shorted it, they may be investigated.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: virtualdn on May 13, 2021, 05:46:35 AM

Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke, a manipulating narcissist.

There it is, enough, the news is Tesla will accept $ because they're environment friendly. I'd never buy a Tesla car in my life even if they will accept carrots as a form of payment (which are environment friendly of course).

I believe Elon has recently dropped the plan of accepting bitcoin as a payment method for Tesla.

https://www.nbcnews.com/tech/tech-news/elon-musk-backtracks-says-tesla-wont-accept-bitcoin-rcna918

Whatever Elon is doing is to create marketing gimmicks for his own brands and also the amounts of bitcoins Tesla is holding as a cash equivalents.

Another victim is late Dogecoin investors who had purchased at the level of 50 cents. I am sure Elon has invested millions into Dogecoin and ow trying to get personal profit.

Kittygalore

member

Activity: 868

Merit: 63

Quote from: Charles-Tim on May 13, 2021, 06:12:13 AM

Quote from: Kittygalore on May 13, 2021, 05:54:55 AM

~

Elon musk knew about PoW Bitcoin mining and electricity cost before (or can he tell people that he did not know that bitcoin mining uses electricity), he just want to manipulate the market and likely find Doge to be the coin to use.

That's the other thing too, I find it strange that there was a poll about DOGE being used for payments for a Tesla and then the next day Bitcoin as a payment alternative got suspended, pretty fishy if you ask me. Better hodl bot DOGE and bitcoin because one way or the other, these two coins are going to pump.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

For those who are late to the scene, let me recall the timeline of the events:

8th February 2021: Elon Musk announces that Telsa will accept Bitcoin. Admits that BTC is better than fiat cash.
March 2021: Elon realizes that Bitcoin is a truly centralized cryptocurrency and can't be manipulated by anyone (including himself)
April 2021: Elon discovers that shitcoins such as Dogecoin can be manipulated with ease and makes a plan to promote them instead of Bitcoin
May 2021: Elon comes up with the excuse that Bitcoin is not environmentally friendly and asks his followers to use shitcoins instead

I have been a Bitcoin user for 9 years and I have seen this sort of manipulation before. I had a lot of respect for Elon. But now I feel indifference towards him. He is no different from the other billionaires.

thecodebear

hero member

Activity: 2240

Merit: 848

Quote from: AB de Royse777 on May 13, 2021, 05:52:16 AM

Quote from: virtualdn on May 13, 2021, 05:46:35 AM

Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke.

There is it, enough, the news is Tesla will accept $ because they're environment friendly. I'd never buy a Tesla in my life.

So everyone is blaming Elon now. My question is what would you do if you were filthy rich like him and you knew that it's easy for you to manipulate the market? What would you do if you knew that one positive tweet from you will skyrocket the market and one negative tweet will crash the market? I think you would do the same.

The crypto market is full of noobs. They have no idea of crypto. They are not keen to learn and not able to visualize the big picture. If anyone is buying crypto because Elon tweeted positive about it then they are doing it wrong. They need to learn a lesson. I do not blame Elon because he is doing what's best for him and his company. You should be doing the same instead of listing someone else.

Most influential people are not market manipulators like Elon, so it is terribly wrong to say "I think you would do the same". Also this HURT Elon's company. The only reason he would do this to helping himself is if Tesla is loading on cheap Bitcoin right now. I doubt that is the case, though I'm sure other companies are, so the only reason Musk did this was just because he can't get enough of manipulating markets.

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

It's hilarious people actually think that he woke up one day and suddenly realized Bitcoin isn't environmentally friendly.

I find it hard to believe that is actually the case. Any investments by any firms should be scrutinized carefully to ensure that it aligns with their company's values and vision, much less something that costs a billion dollars. Electrical usage of Bitcoin isn't low, that is true. But that is the cost of securing billions of dollars in transaction volume and is something that benefits the society as a whole. If he really wanted to go green, he wouldn't have designed electric cars specifically but made electric buses and other things that provides even lower carbon footprint. He has long been spreading FUD about various stuff; denouncing COVID-19 so his Tesla factories can function, efficacy of PCR tests, and now this. I'll be surprise if someone didn't short Bitcoin prior to this announcement Roll Eyes

.

Quote from: AB de Royse777 on May 13, 2021, 05:52:16 AM

So everyone is blaming Elon now. My question is what would you do if you were filthy rich like him and you knew that it's easy for you to manipulate the market? What would you do if you knew that one positive tweet from you will skyrocket the market and one negative tweet will crash the market? I think you would do the same.

No. Think about your moral compass. Elon Musk is obviously filthy rich but that doesn't give him the rights to crash the market at will and make the rest of the 99% lose what would be pocket change to him. Just because you're able to wield all the power, doesn't mean you should abuse it.

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

That's why we don't need to rely on those guys when it comes to money investment opportunities. It doesn't mean that they are reliable at some point but we need to work on our own regarding our own success. Because whatever these guys promote, at the end of the day, they are the ones who will get the most of the profit. unlike we work on our own, we don't care about what they're deciding or what they want to do with their lives. Let's just continue supporting Bitcoin whatever it takes without them things will go right even if we are the only ones who gonna take the risk.

Kayum10029

full member

Activity: 1190

Merit: 100

Elon musk now a Boaring viral face in cryptocurrencies market because a few days ago he tweeted bitcoin a good investment plafrorm but today he declare Bitcoin unfriendly due to high exessive cost of mining and fuel energizes. But what should we do on running situations?

fiulpro

hero member

Activity: 1890

Merit: 831

Quote from: virtualdn on May 13, 2021, 05:46:35 AM

Honestly guys, this guy Elon is a bad joke. He acted like a 10 years old kid, buying BTC and then realizing these are not good for the environment, he is making fun of all planet and treats us like...

I've lost my last grams of respect for this guy, he will never be for me anything more than a bad joke, a manipulating narcissist.

There it is, enough, the news is Tesla will accept $ because they're environment friendly. I'd never buy a Tesla car in my life even if they will accept carrots as a form of payment (which are environment friendly of course).

Okay I am not a very big fan of Elon musk but you know he has a company to take care of, accepting $ is only fundamental, not all the people in the world do have Bitcoins with them. Plus do you expect them to buy that to buy Tesla and not look for another company, another car. What if they don't know how ?

They are already launching a mission to the moon funded by dogecoin. I do think that would be cool indeed. People are buying it in huge amount and celebs are endlessly putting up stories about doge trying to move the price ofc. But if the guy fails to go through with this the people will hate him, most of them already blame him for the dump of BTC but we don't have any proof do we?

At the end of the day it's someone's personal choice to get involved with a particular thing or no and we cannot really expect all positive news for the bitcoins. Chill and move forward.

sunsilk

hero member

Activity: 3038

Merit: 634

It is impossible that he never knew that before buying bitcoin. I think everyone is starting to understand what game he's up to. Before, we're all liking him because he likes bitcoin and invest in bitcoin with his company, Tesla.

Can you imagine after buying bitcoin worth $1.5B then he would share a sentiment such as negative as that? he can really influence the market but what if there's a likelihood that he's also one of those who sent the prices down due to his massive selling.

Apart from him, the other huge investors can't be scared by his words.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Plus he’s not stopping, he’s posting more FUD. I believe it won’t be the last thing that he’ll be tweeting FUD about Bitcoin. Is he manipulating the market? Scaring the other billionaires from buying? Bored? OR POSSESSED?

https://twitter.com/elonmusk/status/1392780304138473473

Quote

Energy usage trend over past few months is insane https://cbeci.org

mr_ROBOTT

member

Activity: 312

Merit: 24

When Elon accepted Bitcoin and earned his company revenue by selling Bitcoin in the first three months of 2021, we should have doubted his business policy. Elon, like other rich people, only made his profit from Bitcoin with Tesla. and after making a lot of money for himself and encouraging a lot of people to buy bitcoin, he suddenly remembers the environment and energy consumption?
It's all like a joke.

virtualdn

legendary

Activity: 1358

Merit: 1093

Quote from: so98nn on May 13, 2021, 06:36:54 AM

Every other person on the planet is on the Elon's a** now after seeing how he put everyones faith down. Right after the Elon's tweet regarding Tesla and payments, market has crashed dam crazy. Whether it's BTC, DOGE or any other coin, they are worst hit until now.

BUT,

Think about the bigger picture here:

First he asks the world whether you will like the #DOGE to be accepted as mode of payment for Tesla or not?
----After getting 76% YES's vote----
Second tweet came later stating that #BTC is not good way of paying for Tesla.

So..? It's clear isn't it? He want to divert the crowd towards #DOGE and raise it. Thats all.

People will adopt it, they will know this but slowly.

I refuse to believe the people living on this planet are so dumb to fall for this manipulator. It won't happen, Dogecoin will go down to under 1 cent where is its place. Too many woke up now and they finally see his real face. Not to mention he might be investigated by SEC considering Tesla owns BTC you never know.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

Now he have good reason that Elon Musk isn't genuinely interested on cryptocurrency, but merely care about profit with any method he could use. I wonder what kind of coin he'll shill next? Another meme coin? non PoW-based coin? centralized coin which comply with regulation?

Quote from: Kittygalore on May 13, 2021, 05:54:55 AM

I don't get the reason though, I mean bitcoin uses the same electricity as any household or factories which means that bitcoin isn't the reason why there is high emissions, the real problem is the energy source, I have seen a few users say this and I do agree that it is true because if we still use fossil fuel and oil, it won't make a difference if the activity of bitcoin is reduced because we are still emitting pollutants.

Do you really think they care about it? It's convenient way to make negative sentiment which affect Bitcoin price.

so98nn

hero member

Activity: 2114

Merit: 603

Every other person on the planet is on the Elon's a** now after seeing how he put everyones faith down. Right after the Elon's tweet regarding Tesla and payments, market has crashed dam crazy. Whether it's BTC, DOGE or any other coin, they are worst hit until now.

BUT,

Think about the bigger picture here:

First he asks the world whether you will like the #DOGE to be accepted as mode of payment for Tesla or not?
----After getting 76% YES's vote----
Second tweet came later stating that #BTC is not good way of paying for Tesla.

So..? It's clear isn't it? He want to divert the crowd towards #DOGE and raise it. Thats all.

People will adopt it, they will know this but slowly.

UserU

hero member

Activity: 2128

Merit: 532

FREE passive income eBook @ tinyurl.com/PIA10

Quote from: iram3130 on May 13, 2021, 06:22:59 AM

Either he is really stupid which I highly doubt, or he is just another rich guy who wants to suck more money from everyone else. This is a complete joke, how can he not know that a POW coin is bound to use electricity for mining. And he acts like if Tesla is completely environmentally friendly,

https://www.news18.com/news/auto/tesla-under-epa-investigation-for-failing-to-report-vehicle-coating-emissions-3702836.html

There are many articles and investigative writings on Tesla being the worst car. But Elon doesn't know this either I guess.

That guy's a genius. If he was truly concerned about the impact, he would do some research before deciding to buy or offer Bitcoin as a payment method, rather than making such statement long after going balls deep into it.

After all, these billionaires are simply filthy rich politicians. Who knows, he might shill SHIB next.

Topic: Tesla will accept $ because they're environment friendly - page 3. (Read 605 times)