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re: Official CryptoTalk Thread

Posted on 5/12/21 at 5:50 pm to
Posted by ninthward
Boston, MA
Member since May 2007
22206 posts
Posted on 5/12/21 at 5:50 pm to
quote:

yea. elon has completely fricked the market. first with doge and now this

this is going to be all over the news
Yep I am starting to think Elon is the richest smartest dumbass on the planet considering his cars use fricking batteries and he is now worried about the climate.
Posted by GeneralLee
Member since Aug 2004
13956 posts
Posted on 5/12/21 at 5:50 pm to
Yeah I’m afraid this is the end of the bull run this cycle. This gives all the cover needed for other companies not to adopt crypto as a means of payment.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/12/21 at 5:53 pm to
yea in one week he is accepting doge for space X

the next week he is not accepting bitcoin for Tesla

does he not realize doge is a pow fork of Bitcoin

This post was edited on 5/12/21 at 5:54 pm
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 5/12/21 at 5:54 pm to
Cuban with the tweet still backing it all
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/12/21 at 5:55 pm to
idk his final paragraph says they're not selling bitcoin but looking at other crypto for payments

I'm sure they've already bought into this crypto and will be announcing soon
This post was edited on 5/12/21 at 5:56 pm
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/12/21 at 5:56 pm to
probably something PoS of course

My friend that is heavily invested in ADA thinks it’ll be Cardano of course
This post was edited on 5/12/21 at 5:59 pm
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5537 posts
Posted on 5/12/21 at 5:59 pm to
quote:

Cuban with the tweet still backing it all


Nice save by Cuban.
Posted by James11111
Walnut Creek, Ca
Member since Jul 2020
5537 posts
Posted on 5/12/21 at 6:00 pm to
quote:

I'm sure they've already bought into this crypto and will be announcing soon


They probably bought more Bitcoin
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/12/21 at 6:08 pm to
I'm pretty sure he knows the energy angle is fud so there's def something more going on here
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 5/12/21 at 6:08 pm to






....isn't most of BTC mining done from renewable resources? Or is China's mining operation much larger than the Nordic and others operations?
This post was edited on 5/12/21 at 6:09 pm
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13432 posts
Posted on 5/12/21 at 6:12 pm to
I think 95% of crypto FUD is dumb but this is a major blow to bitcoin. I’m fricking sick of Elon
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 5/12/21 at 6:14 pm to
Trying to buy back what they sold or maybe trying to drive innovation to reduce the electricity cost
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/12/21 at 6:16 pm to
I mine. I don’t understand his point? ASIC miners are highly efficient. More so than GPU mining and you can no longer mine BTC with GPUs. His plant isnt even carbon neutral.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5588 posts
Posted on 5/12/21 at 6:20 pm to
NANO is going off
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/12/21 at 6:22 pm to
if bitcoin as an inflation is hedge is true

it would be strategic to make this tweet and crash the price down then they can reload lower. he also could be distracting the public with the "we will use a different crypto" line

elon might even be helping his friends get a better entry. I just don't think anything like this is a coincidence

his next tweet will be telling
This post was edited on 5/12/21 at 6:22 pm
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 5/12/21 at 6:23 pm to
I forgot yesterday Elon asked if people wanted him to accept doge for Tesla’s.

Dude what the frick is the deal with this guy. How do you buy into the FUD at this stage in the game...

He’s got way too much influence on this market
This post was edited on 5/12/21 at 6:24 pm
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19635 posts
Posted on 5/12/21 at 6:26 pm to
Elon giveth and Elon taketh
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/12/21 at 6:30 pm to
I could see him announcing a solar bitcoin mining farm

Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 5/12/21 at 6:34 pm to
Or work with other cryptos that use less energy...

The ESG mandates are being pushed by regulators whether we agree or not and POW coins are easy targets.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 5/12/21 at 6:36 pm to
quote:

Buy a Tesla


That didn't age well.
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