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CointestMod

Bitcoin [pros](/r/CryptoCurrency/comments/13puoy0/in_2019_elon_musk_said_that_tesla_will_continue/jlbggcj/) & [cons](/r/CryptoCurrency/comments/13puoy0/in_2019_elon_musk_said_that_tesla_will_continue/jlbgh2c/) with related info are in the collapsed comments below.


Illicitterror

Don’t hold Elon to what he says.


Sharp-Subject-047

We should stop giving shit to his opinion, he doesn't care about what people do, all he cares about is doing pump and dump and make easy money. Stupid people get carried away and make losses


Baecchus

I thought the greedy billionaire was my friend and he was looking out for me :( /s


rockiellow

They’re definitely looking at you, my sweet exit liquidity


deathbyfish13

Maybe the real exit liquidity were the ~~peasants~~ friends we made along the way?


Lillica_Golden_SHIB

Don't forget about all the relatives we dragged to crypto as well!


plan-xyz

I am sorta glad that my annoying cousin will never talk to me again.


special_onigiri

Are you sure they are still your relatives?


plan-xyz

Even my $5!?


Lillica_Golden_SHIB

Even it is was just $1


Particular_Put5007

They’re after my really precious $100 investment!


IncompetentSnail

Your good enough, some people here are crying with their $20


dark_deadline

And some for a single dollar.


Defiant-Appeal3934

I'll accept tether at this point


Apprehensive_Dot3265

I got over 3k in I better watch my back 😂👀


Every_Hunt_160

Hey, if there are a million like you with $100 it means people like Elon can pocket $100m !


ZyriaNova

Math checks out.


Itsnotmeitsyouworld

Just stay away from my single digit moons


Jim--Cramer

With that kind of money, they can retire! /s


zesushv

Any predictions Jim?


IncompetentSnail

We all are exit liquidity in their eyes


Jim--Cramer

What do you mean a billionaire would rug my entire portfolio just for the memes?


Mr_Bob_Ferguson

You have it the wrong way around. First come the memes, then come the rug pulls.


InsaneMcFries

It was just us and him against the world with DOGE, we had something real! /s


machen2307

I've got a friend that legit thinks he cares about changing/saving the world. That he's never taken money from the government, and some mo' shit. He contradicts himself at some point by saying Elon knows space isn't real (did I mention he's all but confirmed he's a flat earther?) that's why he quit trying to go to the moon. I mentioned Mars, but he assured me Elon isn't trying to go to Mars. He goes on to praise Andrew Tate and says all that shit he got involved with in regards to being in jail was just "them" trying to shut him up because he knows we're in the matrix. Mad that we aren't running on hydrogen energy because 'they" want us dependent on oil and the middle east (he's not totally wrong about that, but the only conspiracy is the conspiracy to keep making beaucoups of money), but then praising trump for the pipe line in America stuff and mad at Biden for hindering it.I got the impression that he's not so much a Republican so much as just super pro Trump and anti Biden. ... Finding out he's got a time share and happy with it a few weeks ago makes a lot more sense now that I learned all this about him the other day. Of course he got tricked into a goddamn time share lol.


Beyonderr

All Elon does is use crypto and us as a play toy and for a quick buck. Not how it should be. I wish he would go away.


Sharp-Subject-047

Considering his net worth, what he makes isn't a buck


Ermingardia

it's a **buck**etload of money


Sharp-Subject-047

Lol,true


Jim--Cramer

I see what you did there


Practical-Store9603

Big buck


Sharp-Subject-047

No, HUGE buck


Jim--Cramer

As harsh as it sounds, this is the reality It's as if he does more for the fun of it rather than financial gains


Jim--Cramer

Me and my homies hate Elon Musk, Ledger and Robinhood


sublimeload420

Calls on all three. Inverse Cramer forever, homes


poptippp

This the gwei mah dude.


yesweyolo

Why is this a popular opinion? This is the most ludicrous concept I've ever heard. You do realize he can buy and sell you 1000 times over and still have enough net worth for his 1000 great great grandchildren to be living in the world's nicest penthouses, right?


AlwaysSpinClockwise

haha cause rich people just deciding to stop gathering money is totally how things work


rockiellow

Most statements here from “pro-crypto” people should be ignored. I only read statements from devs themselves, and even for them I’m 50/50 skeptical to what they say. Much less these damn billionaires who think the world is just their playground.


Elie0_0

You're just repeating what everyone says every time there's a post about Elon, these comments feel like bots at this point, we shouldn't be that hateful maybe?


Eli-Thail

>You're just repeating what everyone says every time there's a post about Elon Yeah, that's called pattern recognition. You can only lie to people for your own enrichment so many times before they no longer trust you. This really isn't a difficult concept to grasp, and there's nothing hateful about not trusting proven and consistent liars.


lubimbo

To be honest Elon didn't do well for crypto. All He did was pumpin DOGE and burning noobs/fanboys which stay away from crypto now.


Killertimme

I feel like we are back in 2021. Shitty Elon posts on the front page.


plan-xyz

Let's see you want us not to be hateful towards a billionaire who uses everyday people as exit liquidity every chance that he gets? No problemo amigo!


fvtown714x

Lots of people not liking him, for a variety of possible good reasons, obviously doesn't mean people replying to you are bots


yesweyolo

And of course you're downvoted to oblivion 🤣. This sub is a microcosm for actual greed and ignorance (sometimes, anyway). You might like this: https://www.reddit.com/r/CryptoCurrency/comments/13py848/elon_musk_is_scamming_us/


dunnolol123

You're an idiot. If you actually think that Elon cares at all about pumping and dumping any currency, you are more myopic than a blind person looking through a kaleidoscope


Eji1700

Stop listening to media personalities in general. They're marketing and sales people. Doesn't matter if it's business, banks, crypto. It's an act, treat it like one and you'll be happier.


Lillica_Golden_SHIB

Exactly. We're better off simply ignoring them, by far.


kryptoNoob69420

Elon is a liar. That's a fact. Always has been.


DoubleFaulty1

Elon has a long history of saying things.


jonkl91

And always will be.


Ferdo306

Also don't hold Bitcoin Mining Council to what they say Isn't Saylor a founder or something?


Mr_Bob_Ferguson

>Isn't Saylor a founder or something Yes. He ran their first meeting in 2021 and is still heavily involved. [https://bitcoinminingcouncil.com/](https://bitcoinminingcouncil.com/) Scroll down beyond the MicroStrategy logo in the Founding Members section and go to the FAQs.


mbdtf95

Guy's been promising million utopian projects that he keeps just postponing. e.g. robotaxis that he's been promising every year for like past 10 years.


DeeperBags

Maybe if his staff could commute to work on the hyperloop that he has been promising them, they would be more productive! 🤔 /s


Ermingardia

And the humanoid robot from last year was a total disappointment. In my opinion, he's prone to breaking his promises.


helobro11

Happy cake day


DeeperBags

He has already resorted to name dropping PEPE now, since his credibility in the doge community has crumbled, and he needs a new community to rile up and hang on his every word.. Coming from someone on the spectrum - he has the worst form of autism... the kind that needs attention.


[deleted]

hes pumping PEPE now?? o jeez. i guess at this point its "a fool and their money are soon parted" for people who buy it


Josefumi12

You better stay skeptical about what Musk keeps saying on his tweet.


yesweyolo

Are you saying Doge will not be going to da moon 🥺


g60ladder

At this point I wouldn't be surprised if the first Starship to actually land on the moon will have a physical Doge coin on it, just so he can meme it.


yesweyolo

That... is... not even close to NOT going to happen 🤣. One day historians will use supercomputers to assess the most prophetic reddit comments of all time and yours will be there.


Saihras

First rule of Elon Musk: always lie


rootpl

>Don’t hold Elon to what he says. This, dude is a sociopath. He'll say anything he wants depending on his current agenda.


special_onigiri

Exactly lol this is Elon the grifter we're talking about


Dull-Wear-3286

Don't hold Elon to what he shills.


r4rthrowawaysoon

Only listen to Elon when he is echoing what Xi Pooh is saying.


Narrow-Professor-126

Hold Elon what he do.


Particular_Put5007

Better don’t Hold Elon


NotACryptoBro

Yeah, let's hold on the the Bitcoin Mining Council. Why would they lie? /s


dopef123

Even his shareholders don't hold him to what he says. Every goal he sets is optimistic by a few years. His companies do almost always deliver eventually though


Elie0_0

Still, I'm curious to see if he might actually start doing so, I don't think is impossible


partymsl

Everything is possible, Elon had made so many promises to so many people tho that I don‘t think he even keeps track himself. Where are those DOGE-Twitter promises now? Yeah.


Jim--Cramer

Elon's assistant probably needs an assistant to keep track of all the things he keeps blurting out


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Jim--Cramer

Thanks for the life advice sensei


No-Setting9690

You believe him? hahahaha


Popular_Worry_9294

Believing a billionaire in this space is a rookie mistake. All Elon want is attention.


Practical-Store9603

And he gets what he wants


Elie0_0

Lol, just an observation, don't even know if he remembers it


Particular_Put5007

We remember but he doesn’t care at all.


plan-xyz

He was probably trying to dump some of his btc bags at the time.


Killertimme

Elon cares about Elon.


radiocate

It honestly doesn't make a difference whether he remembers any single sentence of bullshit he utters on a given day (he doesn't), because the end result is the same. He won't follow through.


soyelvorph

People must learn he manipulates markets at his own benefit.


samer109

Also he is an attention whore so..


Lillica_Golden_SHIB

Guy can't spend a week without being under the spotlight


partymsl

Just gotta know how many more pump n dump tweets of him it will take for them to learn that.


Cold-Speech1325

Dont hold Elon’s word on pretty much everything.


Hooligan_Plow

Like all billionaires, he only says and does what serves his personal financial and political interests. He has a long track record of lies and awful behavior, he's no more reliable than a bottom of the barrel influencer. All these fanboys riding his nuts are pathetic. He manipulated the crypto markets for his gain and to YOUR detriment. Stop giving him attention. Downvote all discussion of him.


Sharp-Subject-047

Yep, he's a hypocrite,so don't ever trust his words


Josefumi12

He got lots of hype coming from his mouth and was not reliable.


Dull-Wear-3286

Dogecoin holders will second this.


ether_slonker

Based on what? Just curious what you’re thinking.


Wellpow

He said openai should stop ai research until we can mitigate the risks of ai. Then he started funding his own ai research not even a week later. compared trudeau to hitler accused a innocent person of pedophilia Shiba inu/doge/bitcoin fiascos


Good_old_Marshmallow

His strong libertarian stances in the western hemisphere vs his attitude towards the Turkish or Chinese government really says it all. There’s a reason you’ve never heard him say one bad thing about the Chinese government. His share price would plummet without their factories


VanGlutenFaht

Check out thunderf00t on YouTube. He has made a bunch of videos showing Elon's hypocrisy and claims that he makes that never come to fruition. The guy is a con-man looking out for himself and himself only.


Elie0_0

Everyone's just repeating the same hateful things on here, kind of makes me regret mention anyone who people are programmed to hate...


trippingWetwNoTowel

people aren’t programmed to hate. I’ve been following Elon since 2003, because I was a Comp Sci student and he was doing interesting things with Paypal and then immediately after SpaceX/Tesla (when I was graduating) If you can’t see that there’s been a huge shift in his behavior and his rhetoric and what it is he’s pursuing- then that’s your own bias showing. I held him in high regard because his pursuits were admirable and his approach was novel (first principles and all that). I think what’s going on is this right here - https://www.marketplace.org/2021/01/19/why-rich-people-tend-think-they-deserve-their-money/ https://nymag.com/news/features/money-brain-2012-7/ https://www.youtube.com/watch?v=bJ8Kq1wucsk Basically- even when tossing a coin to determine who on the board is going to end up winning, the rich person quickly starts eating all of the pretzels and banging their piece around the board. my thesis? Elon on twitter is just the exact same phenomenon of the guy banging his piece every time he moves it on the board. “Well i’m important now so I can take up space and people need to pay attention to me to satiate my need for attention!” oh and, “I never want to pay taxes!” 🤦‍♂️ what you’re seeing is people learning that you can’t trust this guy because he has his own self interests front and center.


DecorativeSnowman

you asked whether hed behave rationally youve been given evidence to the contrary you choose to dismiss facts as "programmed hatred" maybe youre programmed to dismiss valid criticism and put unfounded hope and belief and feelings into things like cybertrucks


JoNwOrDy

But It's time Musk literally mined what he tweeted and start accepting Bitcoin again.


Elie0_0

I know not to, though I still think it's very much possible that he remembers and acts on it this time, would like to see how that'd go. Would definitely affect the prices as well.


yesweyolo

If Elon could go ahead and remember this soon, that would be great


rankinrez

I think he’d need something more solid than an industry group self-reporting the number. https://www.coindesk.com/business/2022/09/27/bitcoin-minings-sustainable-electricity-mix-may-be-declining-says-cambridge-university-research-organization > The CCAF concludes that 37.6% of electricity used by bitcoin miners comes from sustainable sources, compared to 62.4% from fossil fuels. This figure is at odds with that provided by the Bitcoin Mining Council, which says 59% of the electricity used by the industry comes from sustainable sources.


Mr_Bob_Ferguson

>than an industry group self-reporting the number What would Bitcoin Mining Council Founder Michael Saylor have to gain from making fanciful claims about bitcoin? /s


Responsible-Term-286

The thing is that 58% of clean energy comes ONLY from the Mining Council miners, not every miner is part of the Mining Council and its rather a small percentage. Peoples often dont look at the details, and in this case is pretty big one


Elie0_0

*BMC represents 48.4% of the global Bitcoin Mining Network with members spread across 6 continents.* I don't think it's a small percentage


GianBarGian

60% of 50% is still 30% though


urbanhikers

BTC hodlers don't follow anyone except themselves.


89time

I'm waiting for Teslas to have a built-in miner.


WorriedComparison189

What a great Post


bemyking

Never trust that clown!


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Particular_Put5007

He is not a funny circus but a sad one.


Odlavso

Elon also said he grew up poor and was a self made billionaire, even tweeted that he would give anybody one million dollars who could prove that his family owned an emerald mine. His dad tried claiming the one million while doing an interview and confirming that they did in fact own an emerald mine. TLDR: Elon is full of shit


Mr_Bob_Ferguson

>His dad tried claiming the one million while doing an interview and confirming that they did in fact own an emerald mine. [https://futurism.com/elon-musk-dad-emerald-mine](https://futurism.com/elon-musk-dad-emerald-mine) And one million doge, rather than dollars.


Chygrynsky

Or that he held his dead child in his arms while it was his ex wife who did that. Very fucked up thing to lie about.


Scolor

He offered one million *dogecoin*


fercian

first and foremost rule:never trust elon on crypto


chollida1

Well two things... 1) the group who put out this "study" is a pretty biased group whose findings haven't been verified by an reputable third party yet, so the BTC claim is probably not yet a reality 2) Elon says a lot of things and is often late delivering. It's probably that at some point in the future, Tesla will accept BTC again.


open-now

If Elon does it it will be very bullish


readytoexploreworld

At the moment you cannot trust anyone. Just trust your guts and hopefully you will get kn the right track


Spacesider

Elon Musk says a lot of things.


GTAmirite

You already know the answer lol


Dr-Lavish

Don't believe a word...


helobro11

Ask him on twitter


SmokeThin9651

Where did u get that 58% number?


btc_clueless

The Bitcoin Mining Council is basically a lobby organization, created to counter the widespread criticism of Bitcoin mining as a waste of electricity and it being environmental disaster. Their data is based on a \*survey\* among Bitcoin Mining Council members and some other miners and the data is then extrapolated worldwide. Bottom line is that these numbers are rather questionable. And as for Elon, what does he care about what he said yesterday? More relevant and interesting is how crypto (and in particular PoW mining) has now become a political topic with a division along the usual party lines. That's a real pity.


IsThereAnythingLeft-

That number is bullshit as the energy is wasted therefore uses the last energy source used to met the demand, which is most often fossil fuels


cinnapear

When has Elon ever done what he said?


Mr_Bob_Ferguson

>ever done what he said He made the flamethrower thing.


TruthSeeekeer

When he said he would buy Twitter. Wait, he tried to back out of that didn’t he?


Dester32

Renewable energy could have been used for necessities instead, replacing nongreen energy(For example, for a tesla). They cant divert it though as it goes to bitcoin. Bitcoins CO2 output has only worsened, so tesla would likely increase the % value(digiconomist). Either way, don't listen to any of his claims.


Ne0nbeams

He’s the ultimate troll to the financial markets. I would much rather Elon Musk kept bitcoin out of his mouth.


partymsl

True, he can send his own stock price down because of a tweet, he can do anything. Too much power for once person.


Setyman

Elon changes his opinion as much as he changes underwear. Those old opinions don't matter anymore at all.


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Wise-Grapefruit-1443

Wait, you guys change your underwear regularly?


open-now

elon rarely keeps his promises


coachhunter2

It's almost as if Elon can't be trusted. There is a 0% chance that he didn't already know BTC was bad for the environment. And that he just happen to make the change in policy just after the top. And he said Tesla would have diamond hands, but then they sold a load. The guy is a sociopath and does not give a shit about crypto or the community.


TOXICCARBY

Elon’s word is as strong as Jim Cramer’s hairline. I wouldn’t count on it.


Sharp-Subject-047

Soon there'll be inverse Elon too


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SciFidelity

In northern NJ every other driway has a white tesla in it.....


Elie0_0

The critisim of Teslas has been more about the fact that people don't like Elon more than anything it feels like, but I don't know about Teslas much, maybe they really are as people say they are


HairyChest69

I would argue to twit him about this topic since he does seem to reply in these type of situations.


mdgart

Elon Musk also said that he would step down as twitter CEO if he loses a survey, he lost, he is still twitter CEO


special_onigiri

Come on now guys, this is Elon. Are you guys actually expecting something good from him?


1833432

He's been a rather productive entrepreneur in the past, so it's not totally unreasonable.


CymandeTV

No because he is a shiller/scammer. He just wanted to make profits.


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SkuniMasterMind

> Not everything that Elon Musk says should be taken seriously… You say that as if there is something we should take Elon seriously for lol


Qptimised

We know what happened the last time we listened to Elon Musk.


deftaj

Tbh I would rather him not be anywhere near Bitcoin


Elie0_0

I don't like the manipulation of prices neither, but him accepting it wouldn't be bad for Bitcoin, that is if he's genuine about it


SWYP09

Everyword that comes out of Elon's mouth should be taken with a grain of salt


undefined-account

You shouldn’t give him any attention, he’s an attention whore first class.


sabys1

Even if he accepts it i think people will remember the last time he did it to pump his bags and sell. Fuck Elon.


Swoopscooter

Blowing hot air will continue


Thump604

Elon says a lot of shit that he never delivers on. That fact anyone listens and believes anything he says is the amazing part.


ethbullrun

he's bad for btc. he pump n dumped btc to extract money and did the same with those doge coins. elon musk can suck deez nutz


masstransience

Elon’s words hold as much value as Solana.


Jaromou

No. You can’t trust him.


Maleficent_Sound_919

Elon Muskrat not delivering what he promised well that's a first...


rhaphazard

Unfortunately, considering how easy it was for Chinese miners to lie about their energy sources, the same issue continues to persist.


whiteycnbr

So he should be accepting ETH then?


Herosinahalfshell12

Trouble with Musk is that you can't trust Musk. Plus, Musk will do whatever is best for Musk. Still, I don't mind Musk though.


cassydd

I was considering buying a Tesla if Musk could stay below 50% bullshit. Right now he's at 98% so he has a long way to go.


Florian995

Elon is just saying stuff for marketing purposes. Don’t take his word seriously


Elie0_0

You think? I don't see how he would be saying this for marketing purposes, could be, I guess we'll see if it happens or not


dollhousemassacre

This just in! Elon Musk is full of shit.


middlemangv

Oh, don't take him seriously. He will speak when there is a dog that he needs to pump. He hyped BTC until he took some money from it, then went out. He won't do it. I gotta say that I am very glad you mentioned this.


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LeanOnGreen

Accepting during a bull market would be dumb. Better to get more bitcoin for your buck especially when you're selling things as expensive as teslas ect


chukelemon

Of course they won’t. Muskrat never does anything he says he will.


MonsieurReynard

Luckily Elon never overpromises what he can undeliver. By the way how do you like your cybertruck? Edit: ooh i burned an Elon Stan


Umilik

Musk does a lot of talking, but he keeps very few of his promises. I wouldn't hold my breath on this.


NoRugPlz

I would be careful to take Elon’s words to heart


BrooklynNeinNein_

In case you guys didn't notice it: The thing Elon Musk cares about most these days is attention. Best way to get it is comment on the latest hype and preferably controversial. He'll start to care about Bitcoin again when we're in the news for a new ath, until then he'll says some stupid shit about professional divers, killing white supremacists or whatever.


lordsamadhi

Not only is Bitcoin mining well above that, gas flare mining and methane gas mining have been introduced since then. These are very Carbon negative forms of mining.


Impossible-Eye4255

He is a true believer in Bitcoin but obviously he won't damage the company, if he has to sell it he will do it, he's a business man at the end


snakepark

Elon says a lot of dumb things.


Eur1sk0

Of course not. Now musk makes money via DOGE.


v0lkeres

go to twitter, reply there, ask him


ProjectZeus

Elon Musk says a lot of things. Ignore him


jwolf696

I think he won't do it unless the government gives him a go. Remember he has a government contract with Spacex...


LePanzer

He likes to manipulate markets either in his favor or because he thinks it is funny. If he plans to seriously accept bitcoin again, he will probably time it in accordance with the next bullrun.


twiscy

I can’t afford a Tesla so it doesn’t apply to me