Tesla bitcoin reddit

The announcement led to a massive surge in bitcoin's market value, resulting in enthusiasts revisiting a Reddit post from last month, which claimed Tesla is investing in cryptocurrency. However, the Reddit user, who claimed to be a company insider and said Tesla was buying bitcoin, has revealed that he lied in his post and was high on Acid when he shared it. Read To Find Out. I have no idea what will happen once this reaches the newspapers but I think the price will explode even more," the Reddit user named TSLAinsider posted last month. The user told the New York Post that he is from Germany and was high on Acid when he created that troll post.



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WATCH RELATED VIDEO: People Who Invested In BitCoin Why Did you Invest? Ask Reddit

Tesla stops taking Bitcoin for vehicle purchases, citing environmental harm


The announcement led to a massive surge in bitcoin's market value, resulting in enthusiasts revisiting a Reddit post from last month, which claimed Tesla is investing in cryptocurrency. However, the Reddit user, who claimed to be a company insider and said Tesla was buying bitcoin, has revealed that he lied in his post and was high on Acid when he shared it. Read To Find Out. I have no idea what will happen once this reaches the newspapers but I think the price will explode even more," the Reddit user named TSLAinsider posted last month.

The user told the New York Post that he is from Germany and was high on Acid when he created that troll post. The user told the New York Post that he got this intuition last month that Tesla would buy bitcoin, so he created the troll post on Reddit.

Bitcoin is a cryptocurrency, which is also known as a digital currency and is traded entirely on the web. Bitcoin was invented in by an unknown person or persons and has no single administration to control it, unlike physical currencies, which are controlled by central banks all over the world. Bitcoin has become hugely popular among the masses in the last couple of years, before which it was only known by a select group of people. The Debate. Breaking News.

Written By. Tags: Reddit , Tesla , Bitcoin. Read to find out. After Tesla makes entry in Bengaluru, talks on with five more Indian states: Reports. Elon Musk says this Tesla model can reach '0 to 60mph in less than 2 seconds'.



Tesla will accept Bitcoin payments as EV maker invests $1.5B in cryptocurrency

In his latest tweet, Mr Musk said "Tesla has not sold any bitcoin". That seeming clarification came after his weekend tweets that hinted Tesla is considering or may have already sold some of its massive holdings. Mr Musk has boosted crypto markets with his enthusiasm for the asset class, but has lately roiled trade by appearing to cool on bitcoin in favour of its one-time parody, dogecoin. The gyrations are beginning to spook even steeled traders. On Wednesday, Mr Musk said Tesla would stop taking bitcoin as payment , owing to environmental concerns about energy use to process transactions. Defending that decision on Sunday, he suggested Tesla may have sold its own holdings.

How a High Reddit Troll Predicted Tesla's Bitcoin Investment. "If you want to know the truth: I am a young German guy and I was on Acid.

Bitcoin hits 3-month low, then rallies as Elon Musk’s tweets whipsaw token

If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience. Credit Cards. Check out our top picks of the best online savings accounts for August Get Started! Before you apply for a personal loan, here's what you need to know. Many or all of the products here are from our partners that pay us a commission. Terms may apply to offers listed on this page. The timing of a positive Dogecoin tweet from Tesla's CEO could have been the catalyst for the crypto's bounce. Check out The Ascent's cryptocurrency apps for


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tesla bitcoin reddit

Social discussion forum Reddit is reportedly testing a feature that would allow its users to set any NFT non-fungible token they own as their profile picture. A similar feature that allows users to set their NFTs as profile pictures were recently launched on Twitter, where the photos themselves provide information about the NFT when clicked and appear as hexagon-shaped images to differentiate them from the standard Twitter profile pictures, TechCrunch reported. We are always exploring ways to provide value for users and communities on Reddit. Reddit has been experimenting with various initiatives around NFTs for some time now, having even set up a dedicated page for NFT-related activities at nft.

Meanwhile, stock market regulators are extremely concerned about the potential market volatility this could all cause. The investment is big news.

Tesla, now strongly linked to bitcoin, drops in value as cryptocurrency plummets

Reddit hosts over million monthly active users in over , communities. Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers.


Reddit user says post on $800M Tesla bitcoin buy was a hoax — and he was on LSD when he did it

Want to discuss? Please read our Commenting Policy first. The move, which sent dogecoin prices 14 per cent higher, comes a month after Musk said Tesla would test out the digital token as a payment option. Musk, a vocal proponent of cryptocurrencies, has heavily influenced prices of dogecoin and bitcoin, and at one point had said the company would accept bitcoin for purchasing its cars before axing plans. Read more: Tesla to accept dogecoin as payment for merchandise. Tesla is facing intense competition as legacy automakers such as Ford Motor Co as well as startups including Rivian Automotive are set to launch their electric cars this year. World Canada Local. Tesla to accept dogecoin for merchandise, Elon Musk says.

Dogecoin More Popular Than Bitcoin On Reddit In , Tesla Getting Into Bitcoin Among Top Posts · If you are not using this trading strategy.

Cryptocurrency was the most popular conversation on Reddit in 2021

This article is part of a newsletter — if you want a weekly Business Twitter roundup sent to your inbox every Friday, subscribe here. This energy story has been debunked over and over again. Ironic because no incremental energy is used in a bitcoin transaction. The energy is used to secure the crypto-asset network, and the net impact on fossil fuel consumption over time will be negative, all things considered.


Reddit tests NFT profile verification for 330M users

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A message to TSLAinsider was not immediately returned. Tesla did not immediately respond to an email to its press office. US Treasury Secretary Janet Yellen last week vowed to protect investors but said financial market regulators needed to fully understand the recent trading frenzy involving GameStop Corp and other retail stocks before taking any action. As the post was focused on bitcoin, the tipper may benefit from a grey area in oversight and enforcement, as the US Securities and Exchange Commission SEC does not treat the cryptocurrency as a security, one expert said. Civil insider trading cases typically hold tippers to a standard of benefitting from the sharing of information. That may put the Reddit users in a rare and relatively untested legal area of criminal but not civil liability, Wolfe said.

Many brands are starting to see a recovery despite the challenges initially brought on by the pandemic. Some businesses, especially ones that focused efforts on expanding e-commerce ventures, have even seen profits rise even higher than before.

Tesla Employee May Have Leaked Initial Purchase of $800 Million in Bitcoin

The possible Tesla employee claims the company used bots to buy the digital currency one month ago. Editor's Note: In a subsequent interview, the Reddit user claimed that his post was just a hoax. You can read that interview here. Our original article is unchanged and can be read below. Crypto investors use bots — which are automated software that helps users buy and sell cryptocurrency at the most strategic times — all of the time. But we're unsure how the legalities will play out in the case of a company with the finances of Elon Musk's Tesla.

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