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A comment on $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin. Parent comment

Re:$365B wiped off cryptocurrency market after Tesla stops a... by api on Thursday May 13, 2021 @07:05PM (#27148612)
Cryptocurrency is almost completely unregulated, so no there are not likely to be ramifications. It's anarchy and just about anything goes. Buyer beware.

Also I didn't get the sense that Musk single-handedly pumped BTC. He jumped on the bandwagon about mid-way through the current pump. I am still foggy on what kicked off the current bull run.

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Re:$365B wiped off cryptocurrency market after Tesla stops a... by bitexploder on Thursday May 13, 2021 @07:51PM (#27148968)
The daily volume of BTC is above 50 billion. The cap is over a trillion. This is not a fundamental movement but a value based / perception one.
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