Bitcoin takes another plunge after Musk’s ‘trolling’
Bitcoin has taken another massive drop to near $42,441 Sunday evening after Tesla CEO Elon Musk was seen ‘trolling’ on Twitter. The self declared ‘Dogefather‘ did not outright deny that his vehicle company has sold or could soon sell all of its Bitcoin holdings. Musk has been receiving tons of criticism in the past days after he announced the suspension of Bitcoin as a form of payment for Tesla.
Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings.
With the amount of hate @elonmusk is getting, I wouldn’t blame him…
— Mr. Whale (@CryptoWhale) May 16, 2021
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Earlier on Sunday, Musk replied to host of the popular ‘What Bitcoin Did’ podcast, Peter McCormack. Just like almost everyone in the crypto community, the host posted some criticism on Musk, his ‘trolling and his support for Dogecoin in a long Twitter thread. Musk felt obliged to respond. Shortly after Musk’s response, the podcast host and Bitcoin maximalist changes his Twitter name to Peter McObnoxious.
Obnoxious threads like this make me want to go all in on Doge
— Elon Musk (@elonmusk) May 16, 2021
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Tesla recently sold 10% of its Bitcoin holdings and by doing so it was able to record profits for the first time in its company history.
Currently Bitcoin is showing some signs of recovery and is trading at $45,089, while a single Dogecoin is priced at $0.5055.
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Source: igaming