~
Yes, Elon Musk is still the CEO of Tesla, SpaceX and X (Twitter). I feel he is again trying to manipulate the Bitcoin price, which means he is trying to manipulate the market. If he starts accepting Bitcoin then we can expect a Bull run of some sort before the halving. If he is bluffing then the market will remain the same till halving and then we could see Bitcoin price going in upward direction. I stopped following his sudden burst on Twitter after he started promoting shit coins. 
Topic: Will Elon Musk keep what he said or not? - page 3. (Read 492 times)
Even if Tesla started accepting Bitcoin again I doubt it would have the same impact it did in 2021. The perception people have of Musk has changed significantly since he started embracing controversial political beliefs. Since his takeover of Twitter he has caused it's value to decline dramatically by making changes that the majority of people don't really want. Even after adding Dogecoin support to the Tesla shop a few months ago it's price remains down over 90% from it's all time high. Clearly his influence doesn't really matter much anymore.
I think he is pretty much done with bitcoin and the proof is how he sold all of Teslas bitcoins about a month back. He knew that pretty much half of the energy was clean but he sold it anyways.
He has too much on his plate. Especially with running twitter and Tesla, SpaceX, etc. So I don’t think he will bring back Bitcoin payments for Tesla autos. However he might add bitcoin tipping or payments on X using the lightning network. That would be more useful.
He has too much on his plate. Especially with running twitter and Tesla, SpaceX, etc. So I don’t think he will bring back Bitcoin payments for Tesla autos. However he might add bitcoin tipping or payments on X using the lightning network. That would be more useful.
Yes, and it will surely be a temporary pump that if Musk decides to stop accepting bitcoin as a form of payment again, for whatever reason, he can come up with another one, and we will have a dump again.
This is so true. We in the crypto community already know him too well. Currently, it doesn't matter what he thinks or does, most of us have already accepted that he wields the power to influence the market temporarily. And if he eventually decides to start accepting bitcoin as a form of payment again, we won't be taken unawares by the sudden rise and sharp decline in the price of bitcoin. It is unbelievable that the members of this forum still want Mr. Mars to do something about Bitcoin, and he has already done so much bad PR with his moves. The problem is not only that he first thought of Bitcoin as something positive, and then changed his mind for no reason - but that with his decision he influenced others and thus led them into the delusion that BTC mining is something that destroys the world - while in at the same time, I guess we should believe that all his companies have no impact on the environment.
The best thing is that this man never touches anything related to Bitcoin again, although my opinion is certainly not shared by the tens of millions who worship him for reasons known only to them.
The best thing is that this man never touches anything related to Bitcoin again, although my opinion is certainly not shared by the tens of millions who worship him for reasons known only to them.
It's not only about Elon; it's about Tesla as well. Being one of the major car manufacturers, their involvement in the bitcoin marketplace is a significant event. They can introduce many possible utilities of bitcoin into their platform as their major concern about bitcoin has been resolved and all the major players are coming to the market, so they don't want to fall behind, I think.
Elon should be in jail for manipulating the price. Because of his dirty game, another shit project shiba inu, and pepe occupay raised millions of dollars from the market, which should have gone to bitcoin and other major markets that have real value.
It is unbelievable that the members of this forum still want Mr. Mars to do something about Bitcoin, and he has already done so much bad PR with his moves. The problem is not only that he first thought of Bitcoin as something positive, and then changed his mind for no reason - but that with his decision he influenced others and thus led them into the delusion that BTC mining is something that destroys the world - while in at the same time, I guess we should believe that all his companies have no impact on the environment.
The best thing is that this man never touches anything related to Bitcoin again, although my opinion is certainly not shared by the tens of millions who worship him for reasons known only to them.
The best thing is that this man never touches anything related to Bitcoin again, although my opinion is certainly not shared by the tens of millions who worship him for reasons known only to them.
It doesn’t really matter what Elon says or does really. We have been using over 50% renewable energy for mining for a long time now. I think the FUD he was spreading during the last bull run that seemed to cause the price to dump coincided with China clamping down on bitcoin.
The price dumped hard when China banned bitcoin, it was probably nothing to do with Elon. So in essence who cares what TESLA do, how many people bought a TESLA with bitcoin any way, probably less than 100.
The price dumped hard when China banned bitcoin, it was probably nothing to do with Elon. So in essence who cares what TESLA do, how many people bought a TESLA with bitcoin any way, probably less than 100.
Is he still the CEO of Tesla? I don't think that he is anymore so I don't hold out much hope that they would be accepting bitcoin for purchases but maybe there's a possibility that they will since Tesla has their bitcoins so I am sure they want to make some profit out of that. Cybertruck hype isn't that big anymore, and in terms of how futuristic it looks, I disagree that's a futuristic aesthetics, if you've seen the game Cyberpunk, you would agree.
Yes, Elon Musk is still the CEO of Tesla, SpaceX and X (Twitter). I feel he is again trying to manipulate the Bitcoin price, which means he is trying to manipulate the market. If he starts accepting Bitcoin then we can expect a Bull run of some sort before the halving. If he is bluffing then the market will remain the same till halving and then we could see Bitcoin price going in upward direction. I stopped following his sudden burst on Twitter after he started promoting shit coins.
Elon Musk is a businessman so his orientation is always profit, if he continues to do what he says will make a profit, of course he will do it, but otherwise don't expect him to do it, because what he has in mind is how to make his company grow, not how Bitcoin get advantage from his effort.
But with the community support going so far, does Bitcoin need him? I do not think so.
Those who need him are traders/speculators to hype because it can be profitable for traders and long-term holders will always focus on Bitcoin's development in the long period, not daily.
But with the community support going so far, does Bitcoin need him? I do not think so.
Those who need him are traders/speculators to hype because it can be profitable for traders and long-term holders will always focus on Bitcoin's development in the long period, not daily.
I sort of don’t think he will accept Bitcoin. Not because he doesn’t want to but because I think the Tesla board won’t be happy about it. I am holding out hope though that as a gimmick when releasing the Cybertruck, he will accept BTC for purchases of it. Given how futuristic the Cybertruck is, I think it would be a perfect match.
Is he still the CEO of Tesla? I don't think that he is anymore so I don't hold out much hope that they would be accepting bitcoin for purchases but maybe there's a possibility that they will since Tesla has their bitcoins so I am sure they want to make some profit out of that. Cybertruck hype isn't that big anymore, and in terms of how futuristic it looks, I disagree that's a futuristic aesthetics, if you've seen the game Cyberpunk, you would agree. 
Will Elon Musk keep what he said or not?
We have discussed about this few days ago and this was my reply if I should not repeat myself:In 2019 report: Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy
In 2020 report: Report: 76% crypto miners use renewables as part of their energy mix
2022 report: the Bitcoin mining network uses approximately 0.05% of the total energy consumed globally
In 2020 report: Report: 76% crypto miners use renewables as part of their energy mix
2022 report: the Bitcoin mining network uses approximately 0.05% of the total energy consumed globally
Elon and Tesla were at the forefront of this criticism. Despite this, Tesla held bitcoin but sold it to the market later on. This news will have a positive impact throughout the industry, and companies like Tesla are likely to come to the market again as, as Elon previously mentioned, Tesla will accept bitcoin when miners reach the 50% clean energy mark. This will be a major boost for the bitcoin industry.
Like I always said, we do not need Elon Musk. Bitcoin need people, not a single person. After bitcoin decreased in price at the time when Tesla no more accept bitcoin for payment, the price of bitcoin later increased to all-time-high.
Elon Musk is not the only one who is in charge of Tasla; as such, he has limited power over things that he can just wake up and decide for the company. It might appear that he does that more often, but there are also some executives who should also support his decision before they can take any of his words into consideration. Looking at what happened back in 2021 after he sold out their bitcoin holdings, using the mining energy is just an excuse he wants to give to the public to justify their reason for selling off their bitcoin holdings.
This time it appears that the high energy that bitcoin is consuming has been reduced to the minimum, and I can bet it that he won't make any move to grab back their sold bitcoin in a hurry. Even if he wants to buy back those bitcoins or start accepting bitcoin again, it won't be in this hurry. This guy is just after what can make him and his company richer and not what can benefit bitcoin or make the public feel better. He says whatever he likes and does whatever will favour him. He is a real businessman and a corny one for that matter, so let's just expect the least from him and move on.
This time it appears that the high energy that bitcoin is consuming has been reduced to the minimum, and I can bet it that he won't make any move to grab back their sold bitcoin in a hurry. Even if he wants to buy back those bitcoins or start accepting bitcoin again, it won't be in this hurry. This guy is just after what can make him and his company richer and not what can benefit bitcoin or make the public feel better. He says whatever he likes and does whatever will favour him. He is a real businessman and a corny one for that matter, so let's just expect the least from him and move on.
Over 50% is said to be the energy source used in Bitcoin mining, which means this is positive news for bitcoin. Because if Elon Musk fulfills his promise that Tesla will accept Bitcoin again for payment, there is a very high chance that the price value of Bitcoin will rally due to the strength of Elon Musk's influence in an industry like this. Is that the type of tweet that is positive for Bitcoin?
Definitely positive news but I have noticed that the Elon Musk effect is short term because it's usually speculative in nature which losses momentum quite easily,and at the moment we don't mind small or big wins as this counts as a win for the crypto market.
Maybe, as some say here, they may not really care if Elon Musk fulfills that or not; they don't care. Although somehow it will still have an impact on raising the value of Bitcoin, Even if we say that there is another community in crypto who is annoyed with him, But for sure, Elon is not able to raise the value of Bitcoin by 50%; maybe that's not the case.
Then the question is also there: maybe the only thing that will happen is a temporary increase in the price of BTC in the market, but it will not continue. Maybe what happens there is just a pump and dump, but if that's the case, it doesn't matter what happens.
Rather than expecting that, I'll just continue what I'm doing to accumulate in other cryptocurrencies while we're still bearish for now.
Then the question is also there: maybe the only thing that will happen is a temporary increase in the price of BTC in the market, but it will not continue. Maybe what happens there is just a pump and dump, but if that's the case, it doesn't matter what happens.
Rather than expecting that, I'll just continue what I'm doing to accumulate in other cryptocurrencies while we're still bearish for now.
Will Elon Musk keep what he said or not?
He was also posting dimond hands right before he sold his bag...
According to his tweets, one of the richest people in the world, CEO of a public company with one of the largest capitalization in the world, first buys bitcoin, then accepts it in Tesla and then does research and finds out that it is not green
then stops accepting payments and then sells the bag XD Is this what the richest person does when making financial decisions? his tweets have little to do with reality.
I sort of don’t think he will accept Bitcoin. Not because he doesn’t want to but because I think the Tesla board won’t be happy about it. I am holding out hope though that as a gimmick when releasing the Cybertruck, he will accept BTC for purchases of it. Given how futuristic the Cybertruck is, I think it would be a perfect match.
Will Elon Musk keep what he said or not?
He was also posting dimond hands right before he sold his bag...
According to his tweets, one of the richest people in the world, CEO of a public company with one of the largest capitalization in the world, first buys bitcoin, then accepts it in Tesla and then does research and finds out that it is not green
then stops accepting payments and then sells the bag XD Is this what the richest person does when making financial decisions? his tweets have little to do with reality.
I don't care whether he will keep his promise or not. If he doesn't keep it, I don't think it will have many consequences for his public image either.
Yes, and it will surely be a temporary pump that if Musk decides to stop accepting bitcoin as a form of payment again, for whatever reason, he can come up with another one, and we will have a dump again.
That's why I say that I don't worry about what he wants to do or not do, although I know that it has a clear influence on the price of bitcoin in the short term. You have to forget about swings like this and bet on the long term.
And thats how market works on which into those people who do have that reputation and popularity could really do whatever they want. Like it or not which it would really be making out some effects on the entire market If there is an effect, it will likely be like one of those "announcement pumps" where it will just be a temporary price pump. It would undoubtedly be good news in general, but in the grand scheme of things, it will end up just being a nothingburger — like any other 'news' like this.
Yes, and it will surely be a temporary pump that if Musk decides to stop accepting bitcoin as a form of payment again, for whatever reason, he can come up with another one, and we will have a dump again.
That's why I say that I don't worry about what he wants to do or not do, although I know that it has a clear influence on the price of bitcoin in the short term. You have to forget about swings like this and bet on the long term.
specially if those sentiments would really be attached on Bitcoin or with some crypto related news or events which its not really new anymore.Somewhat not all happenings or events would really be having that significant effect towards the price because there are really moments on which you would really be able to see that it didnt really make a dent or effect. It would really be entirely be depending on the community or people
around because if people would really be finding out that Elon did say such thing but turns out to be a bluff then it wont really be hurting that much. If he would go true into his words then there would be some pump
but i dont expect that it would be much which as been said that once it pumped and people around get hyped then dumping do starts once again.
It is really just that a simple cycle where it would really be that so normal that people would really be taking out actions basing on what they are seeing and basing on what the people around been
hearing in regarding sentiments or market news.
Elon Musk mentioned in 2021 that they will only accept bitcoin for payment again "once miners were using roughly 50% energy sources" with a positive future trend.
Bitcoin mining is proven to be over 50% green for quite some months (it may be more than a year) and Elon didn't move a finger on the matter.
I don't know what you people expect. These rich guys say what suits them best, not what is real. And also do what helps them, not you or us.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
I don't care whether he will keep his promise or not. If he doesn't keep it, I don't think it will have many consequences for his public image either.
Yes, and it will surely be a temporary pump that if Musk decides to stop accepting bitcoin as a form of payment again, for whatever reason, he can come up with another one, and we will have a dump again.
That's why I say that I don't worry about what he wants to do or not do, although I know that it has a clear influence on the price of bitcoin in the short term. You have to forget about swings like this and bet on the long term.
If there is an effect, it will likely be like one of those "announcement pumps" where it will just be a temporary price pump. It would undoubtedly be good news in general, but in the grand scheme of things, it will end up just being a nothingburger — like any other 'news' like this.
Yes, and it will surely be a temporary pump that if Musk decides to stop accepting bitcoin as a form of payment again, for whatever reason, he can come up with another one, and we will have a dump again.
That's why I say that I don't worry about what he wants to do or not do, although I know that it has a clear influence on the price of bitcoin in the short term. You have to forget about swings like this and bet on the long term.
Jump to: