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Bitcoin jumps after Musk says Tesla will use when mining cleaner

Bitcoin jumps after Musk says Tesla will use when mining cleaner



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24 Comments

  1. tldr; Tesla CEO Elon Musk has said the electric car maker will resume transactions with Bitcoin when mining is done with more clean energy. The transactions will start back up “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend,” Musk tweeted. Musk also reiterated the electric-car maker had sold about 10% of its Bitcoin holdings to demonstrate the token’s liquidity.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. It’s dissapointing how much Bitcoin, after a decade of amazing growth, is still heavily effected by a single comment.

    Bitcoin might not be as exciting as altcoins lately, but I still have my largest stack in it and just buying 0.001 at a time during dips. It seems insane to my that anyone wouldn’t assume that if it is down to 33k, it wont be back to 38k again the next week, despite going back every single week..

  3. “Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy.

    “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” he said in a tweet”

  4. Bitcoin holders are funny as fuck. BTC goes up after Elon tweets and “oh, now he wants to take credit for the spike” BTC down, “boycott Elon, he is controlling the market” lmfao

  5. Is anyone really that dumb to believe musk is some kind of multinational multifinancial multianything leader that has the power to steer millions of investors to or off an asset?

What do you think?

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