Post
Topic
Board Bitcoin Discussion
Re: Btc price drop 12% after Elon musk tweeted Tesla won't accept bitcoin
by
HaXX0R1337
on 13/05/2021, 23:06:58 UTC
However, we shouldn't take this as a thing that will last forever. The continuous action of him like that can only be lasted for long on some altcoins that he will shill but not on the steady and large community in bitcoin.
This is what everyone is hoping but for the past several years he has the ability to influence markets and i am sure he is enjoying that notoriety and he keeps on doing that.

A 12% drop in bitcoin's price is nothing compared to how much bitcoin grows in the past several months. Come on Elon, just do what you want and the community is all ready to ride your future actions.
His words moved the price of Bitcoin to new levels and now his green house love turned the tide in the opposite direction. I doubt whether he is booking his profit as well before making this announcement of removing Bitcoin as a payment for Tesla.