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Old 05-12-2021, 03:45 PM   #1
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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

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Old 05-12-2021, 03:56 PM   #2
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Old 05-12-2021, 04:01 PM   #3
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Crash is coming 💥 I’m still waiting for dips.
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Old 05-12-2021, 04:02 PM   #4
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I thought everything was a joke, do people care about stuff now?
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Old 05-12-2021, 04:03 PM   #5
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Old 05-12-2021, 04:21 PM   #6
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I take it Musk is buying a billion more.
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Old 05-12-2021, 04:37 PM   #7
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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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Old 05-12-2021, 05:01 PM   #8
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Dipping like shit, Cryptos are all in RED
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Old 05-12-2021, 05:17 PM   #9
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Colonial Pipeline Ransomware attack bitch payback time looks like it. Hackers aren’t so pleased right now.
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Old 05-12-2021, 05:25 PM   #10
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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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Old 05-12-2021, 05:27 PM   #11
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I figured he would start pimping some random proof of stake coin next.
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Old 05-12-2021, 05:42 PM   #12
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"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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Old 05-12-2021, 11:15 PM   #13
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Just bought a little more
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Old 05-13-2021, 12:18 AM   #14
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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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Old 05-13-2021, 12:45 AM   #15
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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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Old 05-13-2021, 01:40 AM   #16
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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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Old 05-13-2021, 02:39 AM   #17
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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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Old 05-13-2021, 05:14 AM   #18
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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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Old 05-13-2021, 05:36 AM   #19
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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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Old 05-13-2021, 05:50 AM   #20
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yeah this one
We don't know if he hasn't eaten his dick.
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Old 05-13-2021, 06:14 AM   #21
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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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Old 05-13-2021, 08:54 AM   #22
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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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Old 05-13-2021, 09:20 AM   #23
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Old 05-13-2021, 10:17 AM   #24
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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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Old 05-13-2021, 11:15 AM   #25
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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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Old 05-13-2021, 11:30 AM   #26
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Binance Under Investigation By IRS, DOJ. Finally government steps in.

Elon Pump & Dump have left the building.
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Old 05-13-2021, 11:47 AM   #27
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Old 05-13-2021, 01:14 PM   #28
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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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Old 05-13-2021, 01:52 PM   #29
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Bitcoin is bigger than Elon.

Waiting sub 30k .
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Old 05-13-2021, 01:52 PM   #30
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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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Old 05-13-2021, 02:07 PM   #31
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Old 05-14-2021, 01:09 AM   #32
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He just decided to buy even cheaper
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Old 05-14-2021, 05:49 AM   #33
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Old 05-14-2021, 06:07 AM   #34
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^^ 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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Old 05-14-2021, 07:20 AM   #35
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^^ 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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Old 05-14-2021, 07:49 AM   #36
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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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Old 05-14-2021, 07:55 AM   #37
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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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Old 05-14-2021, 08:07 AM   #38
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going up alrerady
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Old 05-14-2021, 08:22 AM   #39
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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
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Old 05-14-2021, 09:45 AM   #40
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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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Old 05-14-2021, 10:17 AM   #41
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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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Old 05-14-2021, 03:18 PM   #42
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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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