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#1

Elon is killing Bitcoin

05-12-2021, 02:45 PM

Bitcoin plummeted after the tweet.
Last time i checked it was at
$57k then $51'ish k and going down.

https://twitter.com/elonmusk/status/...843203/photo/1
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#2

05-12-2021, 02:56 PM

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#3

05-12-2021, 03:01 PM

Crash is coming 💥 I’m still waiting for dips.

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#4

05-12-2021, 03:02 PM

I thought everything was a joke, do people care about stuff now?
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#5

05-12-2021, 03:03 PM
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#6

05-12-2021, 03:21 PM

I take it Musk is buying a billion more.
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#7

05-12-2021, 03:37 PM

I think it's already a pretty bad sign that so many people rather put in millions of fiat into shitty tokens (which don't even try to hide the fact that they serve no purpose at all).

10% to 20% gains in a short period probably isn't moving up fast enough for them... Makes me wonder if we aren't currently already near the "extreme greed" levels?

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#8

05-12-2021, 04:01 PM

Dipping like shit, Cryptos are all in RED
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#9

05-12-2021, 04:17 PM

Colonial Pipeline Ransomware attack bitch payback time looks like it. Hackers aren’t so pleased right now.

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#10

05-12-2021, 04:25 PM

So many factors but the immediate impacts are:
1. Vitalik Buterin donated $1B worth of cryptos to India for Covid relief. Thus crashing meme coins like SHIBA, AKITA, ELON. (which was just a gift for him)
2. Elon tweeting he no longer accepts BTC for Tesla.
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#11

05-12-2021, 04:27 PM

I figured he would start pimping some random proof of stake coin next.

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#12

05-12-2021, 04:42 PM

"Tesla will not be selling any bitcoin".

Perhaps he should read the papers a bit more often, because as well as bitcoin's negative impact on the environment not being news to anyone, Telsa dumped 10% of its bitcoin only the other week. And here he is now crashing the price on everyone who bought their bags. I wonder if they'll now buy back some cheap $49k coins, or if there's some limit to how blatant this all gets.

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#13

05-12-2021, 10:15 PM

Just bought a little more

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#14

05-12-2021, 11:18 PM

It'll bounce back. BTC's environmental impact has not changed at all. It was using electricity before and after his statement, thus nothing has really changed.

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#15

05-12-2021, 11:45 PM

Originally posted by k0nr4d

It'll bounce back. BTC's environmental impact has not changed at all. It was using electricity before and after his statement, thus nothing has really changed.

True. Still, it is amazing how one guy can influence it so much with a single tweet.

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#16

05-13-2021, 12:40 AM

Originally posted by LetterTwenty7

True. Still, it is amazing how one guy can influence it so much with a single tweet.

We can only assume his SpaceX rockets are powered by his love of the environment rather then combustion of rocket fuel

The thing is, he didn't REALLY influence it. Some speculators thought OH FUCK ELON TWEETED THIS BETTER SELL BECAUSE IT WILL INFLUENCE THE PRICE.
And it's those people THINKING that he has some influence on it selling, thus making it self-fulfilling.

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#17

05-13-2021, 01:39 AM

Originally posted by k0nr4d

We can only assume his SpaceX rockets are powered by his love of the environment rather then combustion of rocket fuel

The thing is, he didn't REALLY influence it. Some speculators thought OH FUCK ELON TWEETED THIS BETTER SELL BECAUSE IT WILL INFLUENCE THE PRICE.
And it's those people THINKING that he has some influence on it selling, thus making it self-fulfilling.

I agree, and by that BTC pulled everything today. Look at CMC, all red.
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#18

05-13-2021, 04:14 AM

Originally posted by LetterTwenty7

True. Still, it is amazing how one guy can influence it so much with a single tweet.

Guess things didn't changed that much... in 2017 it was John McAfee who could pump coins x20 with a single tweet.

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#19

05-13-2021, 04:36 AM

Originally posted by zijlstravideo

Guess things didn't changed that much... in 2017 it was John McAfee who could pump coins x20 with a single tweet.

yeah this one
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#20

05-13-2021, 04:50 AM

Originally posted by adultchatpay

yeah this one

We don't know if he hasn't eaten his dick.

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#21

05-13-2021, 05:14 AM

Lol, totally forgot about that eating his own dick tweet.

But I was referring to his tweets about Verge and such. Which all pumped 10x, 20x and even 25x right after he published those tweets.

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#22

05-13-2021, 07:54 AM

I see a bigger problem. All banks and investment funds wants to be Green. If there is now the rumour it isn't clean + that it is mined with approval of the Paris Climate Agreement (China can use more coal) there could be a downtrend. Pensionfunds in Holland are already stopping with stocks in Oil Companies etcetra. I expect some funds will say they stop investing in Bitcoin.

What are green coins? I remember Burst profiled itself as green (still way down 2018 prices).

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#23

05-13-2021, 08:20 AM

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#24

05-13-2021, 09:17 AM

Don't forget all the shops that want a "green certificate". And stop accepting bitcoin. Next week a protest from Extinction rebellion at the Coinbase office? A new Paris agreement that forbid bitcoin? They will cancel everything they can in the name of "climate change".

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#25

05-13-2021, 10:15 AM

Time to buy? Time to buy? Time to buy????

What a joke. One billionaire asshat does one thing and everyone loses their shit. What a joke.

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#26

05-13-2021, 10:30 AM

Binance Under Investigation By IRS, DOJ. Finally government steps in.

Elon Pump & Dump have left the building.

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#27

05-13-2021, 10:47 AM

Originally posted by k0nr4d

We don't know if he hasn't eaten his dick.

. . .

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#28

05-13-2021, 12:14 PM

Having seen the documentary about Mc Affee i wouldn't be surprised if he ate his cock, dressed up like a girl and playing a live toilet where people shit in his mouth.

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#29

05-13-2021, 12:52 PM

Bitcoin is bigger than Elon.

Waiting sub 30k .
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#30

05-13-2021, 12:52 PM

Originally posted by k0nr4d

We can only assume his SpaceX rockets are powered by his love of the environment rather then combustion of rocket fuel

That's true, however SpaceX's got more value to humanity than bitcoin.

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#31

05-13-2021, 01:07 PM

Buy now or cry later. Fuck Musk. It's an opportunity.

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#32

05-14-2021, 12:09 AM

He just decided to buy even cheaper

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#33

05-14-2021, 04:49 AM
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#34

05-14-2021, 05:07 AM

^^ LOL good one Ferus

Not to mention, he pumps Dogecoin which is also a PoW algo

The very Tweet before his "Bitcoin & Tesla" tweet he's asking his followers "Should Tesla accept Doge for their products?"

What a wierdo dude, attention whore on the maximum

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#35

05-14-2021, 06:20 AM

Originally posted by jscott

^^ LOL good one Ferus

Not to mention, he pumps Dogecoin which is also a PoW algo

The very Tweet before his "Bitcoin & Tesla" tweet he's asking his followers "Should Tesla accept Doge for their products?"

What a wierdo dude, attention whore on the maximum

How is it possible that he didn't know that bitcoins must be mined, like a gold mine, coal mine. I also never heard of bitcoin mining. Elon wants 1 thing, becoming multi multi billionaire.

And that Doge is indeed also same mining as bitcoin. And he is going to save the world from climate change... hahahaha. When they open the books at Tesla you see the only profit they make is tax profit. Taxes that pay for a commercial stock to go sky high. And used to buy bitcoin and doge. Well, i think he will tweet next week that they sold all bitcoin at a big profit 2 weeks ago. And not just a part.

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#36

05-14-2021, 06:49 AM

Elon bought the cheapest coin and pumped it. Now he is gonna turn Doge into a Proof Of Stake coin and make it sound like he invented Proof Of Stake. It's what he does.

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#37

05-14-2021, 06:55 AM

Originally posted by Tasty1

How is it possible that he didn't know that bitcoins must be mined, like a gold mine, coal mine. I also never heard of bitcoin mining. Elon wants 1 thing, becoming multi multi billionaire.

And that Doge is indeed also same mining as bitcoin. And he is going to save the world from climate change... hahahaha. When they open the books at Tesla you see the only profit they make is tax profit. Taxes that pay for a commercial stock to go sky high. And used to buy bitcoin and doge. Well, i think he will tweet next week that they sold all bitcoin at a big profit 2 weeks ago. And not just a part.

The only thing that would make sense to me would be what Pomp says in this interview: https://twitter.com/SquawkCNBC/statu...98580419747842
that Tesla must be working on some sort of green(er) mining equipment.

And yes, he was well aware of Bitcoin mining before his $2bn buy, and now.. this why he's for sure up to something. Probably something that'll make him & Tesla a ton of $$

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#38

05-14-2021, 07:07 AM

going up alrerady

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#39

05-14-2021, 07:22 AM

Originally posted by nikki99

going up alrerady

Hopefully everyone bought that dip and thanked Elon for it

And thankfully the way Bitcoin was built, no one person can make or break it

If you think tough men are dangerous, wait until you see what weak men are capable of.
- Jordan B. Peterson

Listen to Pomp tell why is Bitcoin important
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#40

05-14-2021, 08:45 AM

Originally posted by jscott

Hopefully everyone bought that dip and thanked Elon for it

And thankfully the way Bitcoin was built, no one person can make or break it

Went in Ether, else i wouldn't have made any money last months.

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#41

05-14-2021, 09:17 AM

Originally posted by Tasty1

Went in Ether, else i wouldn't have made any money last months.

Nice, it's looking great today I still cant buy much of it, no supply cap so SoV (for me) not good, and fees are now SUPER high
Is there some 2nd layer on ETH so can use it cheap? (like, a Lightning for ETH?)

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#42

05-14-2021, 02:18 PM

Originally posted by jscott

The only thing that would make sense to me would be what Pomp says in this interview: https://twitter.com/SquawkCNBC/statu...98580419747842
that Tesla must be working on some sort of green(er) mining equipment.

And yes, he was well aware of Bitcoin mining before his $2bn buy, and now.. this why he's for sure up to something. Probably something that'll make him & Tesla a ton of $$

Musk is a con artist. He got spanked pumping stocks. He thinks he can get away with fucking around with crypto. He will be spanked again one day. Dogecoin is something within everybody's grasp, it costs nothing. One day he will tire of this game, cash out and wander off somewhere else. The trick for Doge hodlers is timing.

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