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What is the tweet of Elon Musk on Bitcoin?
“How many Bitcoin maxis does it take to screw in a lightbulb?” Mr Musk asked. And shortly later, he himself came up with a reply, “That’s not funny! – Bitcoin maxis.” The “Bitcoin maxis” tweet drew the attention of MicroStrategy CEO Michael Saylor, one of the most vocal Bitcoin proponents.
What did Elon Musk do to crash Bitcoin?
Bitcoin’s price fell Friday morning after Elon Musk posted a tweet suggesting he’s fallen out of love with the world’s top cryptocurrency. The billionaire Tesla CEO tweeted a meme about a couple breaking up over the male partner quoting Linkin Park lyrics, adding the hashtag #Bitcoin and a broken heart emoji.
Which crypto is Elon Musk buying?
Tesla CEO and SpaceX founder Elon Musk is bullish on Dogecoin. Musk, world’s most wealthiest man, calls it “people’s crypto.” Musk explained the reasoning behind his support for Dogecoin: “Lots of people I talked to on the production lines at Tesla or building rockets at SpaceX own Doge.
Why did Elon Musk just downgrade bitcoin?
Musk cited bitcoin’s high environmental cost as reason for the move, after months of being bullish on it. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said in a note posted on Twitter Wednesday.
What did Elon Musk’s tweet do to the cryptocurrency?
Now, the 49-year-old mogul posted a new, rather ‘promising’ tweet that sent the cryptocurrency bouncing almost 5\% in a matter of minutes. Musk’s tweet started a downward streak, fueled by news that China would ban its financial institutions from operating cryptocurrencies .
Will Elon Musk make the blockchain work with solar energy?
Taking into account that Elon Musk has sustainable energy projects, such as Solar Roof , Tesla’s solar roof division, it could be expected that in the future he will collaborate with Bitcoin miners to make the blockchain work with solar energy.
Is Tesla considering selling its bitcoin holdings?
May 16 (Reuters) – The price of Bitcoin traded below $45,000 on Sunday after a tweet by Tesla CEO Elon Musk, an outspoken supporter of cryptocurrency, suggested Tesla may be considering or may have sold off its bitcoin holdings.