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In this video we look at the news story that Elon Musk crashed the price of Bitcoin with a single tweet. Basically Tesla will no longer accept bitcoin as payment due to environmental concerns, i.e. the amount of energy used to mine it and for transactions. He is looking for an alternative and some suspect it may be Dogecoin.
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30 comments
great work! CRYPTO IS FUN!!
Good!!!
people all over the world is furious. they want to stop buying tesla.
people are saying
NO MORE MUSK,
NO TESLA
NO DOGE
How the hell could one tweet crash the price of BTC like this.. I have extremely mixed feelings about this
Doge coin’s capabilities is further limited than current version of BTC. Doge has worse scaling issues than BTC
Proof of stake is the way to go
U should do a ethereum, huge upside and every popular, and will flop bitcoin soon 😂
Fiat money is a billion times more environmentally damaging. Stolen from future generations to wage war, build unwanted, or unneeded wasteful projects.
Ok, alright, ok, alright, ok, alright, ok alright, excetera.
Why don’t miners go to locations where they can set up solar panels farms or windmill energy?
Would using nuclear energy be the best energy source?
Hahhaahahah🐑🐑🐑🐑🐑🐑🙏
Dint Elon knew the energy consumption of Bitcoin earlier when he started accepting it against tesla? He is scamming people , why does his tweet have to affect the market ? I trust Bitcoin and i wont sell it even if God tweets against it 😂
Elon is a puppet of the US government. Who would allow you to send 7000 satelites in space?
“Cryptocurrency uses fossil fuels and other bulls*** to drive prices down for us to buy more”
Keep in mind all actual currencies have an actual manufacturing process and thus has a larger carbon footprint….
Elon, isn't it more important to have money in everyone's hands rather than in the hands of $50k a term ($150k a year) private school scumbags?
The 'elite' private school social network own the banking system and implemented fiat currency system in the 1970s when the gap between the 1% and everyone else had narrowed to it's smallest point since WW2. They could never allow an egalitarian society to exist so they implemented the fiat currency system and created an endless money pot which they have been taking as much as possible on top of their government subsidies and contracts government which they also infest as well as law (70% of Judges are from private schools).
So we have Musk attacking crypto. The issue to solve here is fiat money which is guaranteeing the extinction of the human species by keeping in poverty current and future geniuses who we will need to solve problems only they can solve.
But no, well done Elon, apparently it's better to keep 8 people with half the money in the world. What a complete and utter tosser.
Elon if you really believe the planet is suffering because of Bitcoin mining, you should sell all your Bitcoin, because by owning even One Bitcoin, you are promoting Bitcoin mining.
Pd: Thank you for stepping a side on your efforts to make Bitcoin part of your “Ego”.
We will not miss you, and please be kind and take all your fans with you.
Elon's antics have cost me over $15,000 in the past week.
“After USING bitcoin to COOK his books over at TESLA with Bitcoin for a profitable quarter, NOW ELON ditches Bitcoin.”
⚠️ YOU ARE BEING MANIPULATED!!!! HE COULD ALSO TWEET THIS ⬇️
🚫 Tesla has suspended ELECTRIC vehicle sales and production. We are concerned about the rapidly increasing use of fossil fuels for battery production, materials mining and forging, and transactions, especially Coal, which has the worst emissions of any fuel.
THE ELECTRIC CAR 🚘 is a good idea on many levels and we believe It has a promising future, but this cannot come at great cost to the environment.
Tesla will not be selling any ELECTRIC CARS and we intend to use them for clean transportation as soon as PRODUCTION transitions to more suitable energy. We are looking at other ELECTRIC CARS that use <1% of the TESLA energy/transaction for production.
Elon told everyone to hold. He accepted bitcoin, now he is holding as its gonna go up. BUY BUY BUY
How are Teslas recharged?? Where does that ⚡️⚡️ come from?? This argument is bull💩.
I must say. Bitcoin's price action has been fluctuated throughout the past few days and weeks, with bulls and bears both reaching a clear impasse, the aggregated crypt0currency market has been following in Btcoin's lead and is struggling to garner any decisive momentum. One analyst is now noting that BTC has been holding above a key macro level throughout the past few months. He believes that the recent consolidation above this level bodes well for its near-term outlook and could indicate that significantly further upside is imminent in the weeks and months ahead. Tips like this are why it's advisable for investors and newbies to trade with the help of pro traders like Williams . He is always one step ahead of other traders, He fully monitored all my trades to avoid me making mistakes and losing my money. My earnings have increased drastically from 1.01 BTC to 6.700 BTC in just 4 weeks using His stratqy. You can easily get hold of him for a pr0fitable system on TE-LE-GRAM @ williamfx101]
Hope Jesus loves Elon for making us poor by crashing crypto
This smells like the classic "pump n dump" – the big investors hype up whatever stock/crypto coin they think others are willing to invest in, and when the price gets to a certain point they sell the lot and walk away with a huge profit at others expense. If you are going to invest, only put as much money as you can comfotably afford to lose. Do NOT take out loans, use your credit card, or borrow money of any kind to invest. A quick search of youtube will yield many videos of people who borrowed money and lost ALL of it. The time to invest in Bitcoin was really back in the days where it was worth a few cents (about 10+ years ago). If you are investing at $50,000 a pop, you are a bit late to the party. Crypto is a BUBBLE and has no intrinsic value or any assets or economies of size to back it up. Even Fiat has more backing (in this case the economic power of the issuing country). Be cautious!
No buying Teslas, they use too much electricity
I think Elin just sneeze. QUICK, SEEELLLLLLLLLLL!!!!!!!!!!!!!!!!!!!!!!!!
If we get hit by a solar flare from our new solar cycle. Guess I'll be able to burn money. In the form of a flash drive
He crashed it because he wants to buy more.
Buys 5$ Bitcoin and doge
ding (Elon musk tweet)
withdraw a flamethrower