Fun

Reddit Post Reporting Tesla’s Bitcoin Purchase From a Month Ago Was a Hoax

News Feed - 2021-02-12 06:02:04

Reddit Post Reporting Tesla"s Bitcoin Purchase From a Month Ago Was a Hoax


A Reddit post that predicted Tesla’s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user. Reddit User Says He Was High on Acid When Writing It


Tesla’s record-breaking bitcoin purchase stunned the markets earlier this week, causing the price of bitcoin to spike to a new high of over $48,000 per coin. Predicting a purchase of this size would require amazing foresight or insider knowledge, something which Reddit users were keen to figure out following a now-removed post from Jan. 2 by a user known only as Tslainsider.



But the identity of that poster has now been revealed by the New York Post, in an article which includes a rather shocking revelation from the 24-year-old political science student stating he was “high on acid” when he wrote it.


In an email sent on Tuesday, he told the New York Post: If you want to know the truth: I am a young German guy and I was on acid while I did this post in the last month. I had this afflatus that Elon is going to buy bitcoin, so I created this trollpost. And now all the newspapers around the globe are writing about it, it’s kinda funny and scary to [sic] be honest.



It’s unclear why the original poster, who we now know is a German national named “Hendrik,” decided to come clean about the post. Given what started as a prank escalated into a story that captured the attention of international news outlets such as Reuters and Bloomberg, Hendrik may have feared legal ramifications if his “trollpost” escalated further.


Hendrik went on to praise Musk for “getting Tesla into the bitcoin game” in the rest of the interview.


What do you think – amazing foresight or insider knowledge after all? Let us know in the comments section below. 2021 Bitcoin Price Predictions: Analysts Forecast BTC Values Will Range Between Zero to $600K NEWS | 29 mins ago Crypto Portfolio Tracking App Apologizes for Racist Messages Sent to Customers- Investigations Underway NEWS | 20 hours ago Tags in this story Bitcoin, Elon Musk, Tesla


Image Credits: Shutterstock, Pixabay, Wiki Commons, Reddit Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here. Show comments

News Feed
Stephen Katte21 hours agoHow security, education and regulation can mitigate rising crypto scamsCybersecurity experts say the crypto industry is a target for bad actors because it is a new technology that is rapidly evol
2023-06-26 22:01 PM
Tristan Greene6 hours agoAvalanche Foundation allocates $50M investment to on-chain asset token purchasesCalled "Avalanche Vista," the initiative will consider investing in any asset that can be tokenized.995 T
2023-07-26 02:21 AM
What’s New in Megaverse: Developments, Updates and More
What’s New in Megaverse: Developments, Updates and More press release PRESS RELEASE.Celebrity-fan interaction in the metaverse is at its nascent stage. However, a few recent past
2022-04-21 08:00 AM
Rakesh Upadhyay7 hours agoPrice analysis 10/20: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATICBitcoin price briefly pushed above the $30,000 level. Are altcoins poised to follow?2069 Total views5 Total sharesListen
2023-10-21 01:32 AM
Helen Partz2 hours agoStandard Chartered-owned crypto platform Zodia launches in Hong KongDemand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said.1298 Total
2023-10-30 15:55 PM
Solana memecoin protocol teases new ‘short squeeze’ platform
Tom Mitchelhill3 hours agoSolana memecoin protocol teases new ‘short squeeze’ platformA memecoin shorting protocol called Dumpy.fun says it will release a new “squeezy” tool allowing traders to take the other sid
2024-08-21 14:56 PM
Daniele Servadei4 hours agoThe bright side of Evergrande’s collapse? More crypto volatilityEvergrande’s ongoing bankruptcy saga has significant macroeconomic implications — including for the global cryptocurrency m
2023-08-29 04:07 AM
SEC Launches Game-Show Campaign to Educate Investors in ‘a Playful Way’ – Crypto Included
SEC Launches Game-Show Campaign to Educate Investors in "a Playful Way" – Crypto Included The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to h
2022-06-06 09:00 AM
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis" Opposition to Central Bank Digital Currency Economist Paul Krugman questioned why Republican Florida governor Ron DeSan
2023-04-16 06:30 AM
Serkan Keskin6 hours agoWeb3 startups queue up: Consensys Startup Program partners with Cointelegraph AcceleratorCointelegraph Accelerator participants will get a headstart with Consensys’ Web3 solutions, including Met
2023-08-03 02:03 AM
Global M2 Vs. Bitcoin Shows Bullishness As Analyst Sets ‘Blast Off’ Date, Here’s When
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
2025-03-23 07:00 AM
SEC calls for comments on Fidelity, Grayscale and Bitwise spot Ether ETF applications
Turner Wright3 hours agoSEC calls for comments on Fidelity, Grayscale and Bitwise spot Ether ETF applicationsMany expect the commission to reach a final decision on spot Ether ETFs in May with approval or denial of a fil
2024-04-04 05:59 AM