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-   -   Elon is killing Bitcoin (https://gfy.com/showthread.php?t=1344919)

adultchatpay 05-12-2021 03:45 PM

Elon is killing Bitcoin
 
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

https://i.ibb.co/0F4J1nF/E1-OEK8j-VEAMEv5-A.jpg

CaptainHowdy 05-12-2021 03:56 PM

https://media4.giphy.com/media/9C1ny...pEYFMD/200.gif

CAHEK 05-12-2021 04:01 PM

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

mechanicvirus 05-12-2021 04:02 PM

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

King Mark 05-12-2021 04:03 PM

https://i.imgur.com/NHzy6yz.jpg

BaldBastard 05-12-2021 04:21 PM

I take it Musk is buying a billion more.

zijlstravideo 05-12-2021 04:37 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?

https://marketrebellion.com/wp-conte...11/Capture.png

adultchatpay 05-12-2021 05:01 PM

Dipping like shit, Cryptos are all in RED

CAHEK 05-12-2021 05:17 PM

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

adultchatpay 05-12-2021 05:25 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.

lezinterracial 05-12-2021 05:27 PM

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

ZTT 05-12-2021 05:42 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.

Paul&John 05-12-2021 11:15 PM

Just bought a little more :)

k0nr4d 05-13-2021 12:18 AM

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.

LetterTwenty7 05-13-2021 12:45 AM

Quote:

Originally Posted by k0nr4d (Post 22859441)
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. :warning

k0nr4d 05-13-2021 01:40 AM

Quote:

Originally Posted by LetterTwenty7 (Post 22859449)
True. Still, it is amazing how one guy can influence it so much with a single tweet. :warning

We can only assume his SpaceX rockets are powered by his love of the environment rather then combustion of rocket fuel :1orglaugh

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.

adultchatpay 05-13-2021 02:39 AM

Quote:

Originally Posted by k0nr4d (Post 22859463)
We can only assume his SpaceX rockets are powered by his love of the environment rather then combustion of rocket fuel :1orglaugh

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.

zijlstravideo 05-13-2021 05:14 AM

Quote:

Originally Posted by LetterTwenty7 (Post 22859449)
True. Still, it is amazing how one guy can influence it so much with a single tweet. :warning

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

adultchatpay 05-13-2021 05:36 AM

Quote:

Originally Posted by zijlstravideo (Post 22859506)
Guess things didn't changed that much... in 2017 it was John McAfee who could pump coins x20 with a single tweet.


https://i.ibb.co/Qb3sk3z/ENx1lc4-X0-AIa-Ssn.png

yeah this one :1orglaugh

k0nr4d 05-13-2021 05:50 AM

Quote:

Originally Posted by adultchatpay (Post 22859513)

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

zijlstravideo 05-13-2021 06:14 AM

Lol, totally forgot about that eating his own dick tweet.:1orglaugh

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.

Tasty1 05-13-2021 08:54 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).

nikki99 05-13-2021 09:20 AM

:mad: :mad:

Tasty1 05-13-2021 10:17 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".

The Porn Nerd 05-13-2021 11:15 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.

CAHEK 05-13-2021 11:30 AM

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

Elon Pump & Dump have left the building.

CaptainHowdy 05-13-2021 11:47 AM

Quote:

Originally Posted by k0nr4d (Post 22859518)
We don't know if he hasn't eaten his dick.

:1orglaugh :1orglaugh . . .

Tasty1 05-13-2021 01:14 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.

Pink24 05-13-2021 01:52 PM

Bitcoin is bigger than Elon.

Waiting sub 30k .

grzepa 05-13-2021 01:52 PM

Quote:

Originally Posted by k0nr4d (Post 22859463)
We can only assume his SpaceX rockets are powered by his love of the environment rather then combustion of rocket fuel :1orglaugh

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

ruff 05-13-2021 02:07 PM

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

Sergio 05-14-2021 01:09 AM

He just decided to buy even cheaper

Ferus 05-14-2021 05:49 AM

https://i.imgur.com/cEw7G4Z.jpg

jscott 05-14-2021 06:07 AM

^^ LOL good one Ferus:1orglaugh

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

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

Tasty1 05-14-2021 07:20 AM

Quote:

Originally Posted by jscott (Post 22860094)
^^ LOL good one Ferus:1orglaugh

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

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.

lezinterracial 05-14-2021 07:49 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.

jscott 05-14-2021 07:55 AM

Quote:

Originally Posted by Tasty1 (Post 22860115)
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 $$

nikki99 05-14-2021 08:07 AM

going up alrerady

jscott 05-14-2021 08:22 AM

Quote:

Originally Posted by nikki99 (Post 22860156)
going up alrerady

Hopefully everyone bought that dip and thanked Elon for it :thumbsup

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

Tasty1 05-14-2021 09:45 AM

Quote:

Originally Posted by jscott (Post 22860172)
Hopefully everyone bought that dip and thanked Elon for it :thumbsup

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

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

jscott 05-14-2021 10:17 AM

Quote:

Originally Posted by Tasty1 (Post 22860247)
Went in Ether, else i wouldn't have made any money last months.

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

ruff 05-14-2021 03:18 PM

Quote:

Originally Posted by jscott (Post 22860147)
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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