Quote from: Onuohakk on May 19, 2021, 07:56:50 PM

Quote from: Botnake on May 19, 2021, 02:13:04 AM

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?

I want Elon Musks to make another twit that will further bring down the value of Bitcoin.
What falls the price of Bitcoin mostly on Wednesday is after China signal cryptocurrency crackdown.
By stating that Virtual currency (Bitcoin) “is not a real currency” and “should not and cannot be used as currency in the market”, said a joint statement issued late on Tuesday on the People’s Bank of China’s WeChat account, banking, and internet industry associations.

If he tweets again, then it will be the weak hands that will be affected into buying or selling theirs assets. But also if Elon says to HODL then they will follow too. Unfortunately we cannot prevent people from reacting, however we do our best to tell them the best things they could do in a pump and dump scenario. I think it is best for those who do not really listen to him and not really believe in his crypto decisions to stick to our guns, and somehow influence some people to do it.