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re: Official CryptoTalk Thread
Posted on 5/12/21 at 7:50 pm to GeneralLee
Posted on 5/12/21 at 7:50 pm to GeneralLee
quote:
Elon probably lost half his fan base with this stunt. Whole thing seems so odd though, like maybe he was forced into this by the SEC or something
Or maybe all of Elon’s bitcoin pumping was a money making scam. He may have just pulled a classic “pump n dump”.
Just a thought
2
Posted on 5/12/21 at 7:52 pm to Lgrnwd
he didn't sell it though (allegedly)
so it was too bad to use for purchases but it's good enough to hold over a billion dollars worth. this is his logic
so it was too bad to use for purchases but it's good enough to hold over a billion dollars worth. this is his logic
This post was edited on 5/12/21 at 7:55 pm
Posted on 5/12/21 at 7:56 pm to rocket31
he needs to watch his back over that one.
what's everyone buying? shorts?
what's everyone buying? shorts?
Posted on 5/12/21 at 7:57 pm to rocket31
Somethings afoot
Idk what
Idk what
Posted on 5/12/21 at 8:02 pm to Lgrnwd
quote:
Or maybe all of Elon’s bitcoin pumping was a money making scam. He may have just pulled a classic “pump n dump”.
Just a thought
Just doesn't seem that it would be necessary for him to do this.
How much would that move the needle on his net worth?
Posted on 5/12/21 at 8:06 pm to Powerman
People like Elon don’t think like you and me.
This post was edited on 5/12/21 at 8:08 pm
Posted on 5/12/21 at 8:10 pm to maclauer
quote:
Somethings afoot
Agree.
Posted on 5/12/21 at 8:10 pm to Powerman
Here are some tips for you guys
1. The market is fragile
2. The market is irrational
3. It’s not necessarily that Elon’s tweets are valid reasons for the market to crash, but when the market is looking for a reason to crash, it will serve the purpose.
4. Crypto is volatile. If it doesn’t go up, it’s going to go down. BTC didn’t go up.
1. The market is fragile
2. The market is irrational
3. It’s not necessarily that Elon’s tweets are valid reasons for the market to crash, but when the market is looking for a reason to crash, it will serve the purpose.
4. Crypto is volatile. If it doesn’t go up, it’s going to go down. BTC didn’t go up.
Posted on 5/12/21 at 8:11 pm to Lgrnwd
Of course not. I just don't see him trying to manipulate Bitcoin so he can pump and dump behind the scenes.
Could be that no one is actually using BTC to buy Teslas because they look at it more as an investment vehicle rather than a currency. If you believed it was going to increase in value would you buy a 60k car with it? Of course not
Could be that no one is actually using BTC to buy Teslas because they look at it more as an investment vehicle rather than a currency. If you believed it was going to increase in value would you buy a 60k car with it? Of course not
Posted on 5/12/21 at 8:11 pm to maclauer
quote:He does shite like this when he has actual bad news to announce at one of his other quasi-fraudulent ventures. I can't wait to see what this one is. Or perhaps I have it entirely wrong and he is going to announce the full deployment of the robo-taxi fleet he promised several years back.
Somethings afoot
Idk what
Posted on 5/12/21 at 8:11 pm to maclauer
3 weeks ago he was agreeing with Jack about some BS energy article and then he flips the opposite direction. 
Posted on 5/12/21 at 8:12 pm to rocket31
JLawOkay.gif
Posted on 5/12/21 at 8:13 pm to Douglas Quaid
I really do not understand why iota didnt pump
seems like nano got all the "clean energy" money
seems like nano got all the "clean energy" money
Posted on 5/12/21 at 8:16 pm to rocket31
IOTA is a special case that doesn't move with the market much. It's time will come though. Elon's tweet is actually extremely good news for IOTA in my opinion.
Posted on 5/12/21 at 8:18 pm to maclauer
IDK what either, but I agree.
Posted on 5/12/21 at 8:20 pm to Powerman
Could really be as simple as profit/loss GAAP principles not letting a Tesla bought with BTC to be reported as revenue/profit.
I mean the guy literally has Aspergers … may not be 4D chess all the time
I mean the guy literally has Aspergers … may not be 4D chess all the time
Posted on 5/12/21 at 8:26 pm to Shankopotomus
I’m not having fun anymore
Posted on 5/12/21 at 8:31 pm to CE Tiger
Elon was getting back at Vitalik for dumping all those dumb frick meme coins, and because they were all Doge clones, it cratered Doge as well
Posted on 5/12/21 at 8:31 pm to CE Tiger
Dumping my tsla tomorrow
Posted on 5/12/21 at 8:32 pm to Powerman
quote:
Of course not. I just don't see him trying to manipulate Bitcoin so he can pump and dump behind the scenes.
why wouldn't he? he probably just did it with doge
maybe not for himself personally to keep heat off himself, but maybe for some friends/partners to benefit who would return a favor. Im just not so sure you get to his level wealth without scratching someone's back.
assuming he/others knew to sell after he pumped doge up but before he went on SNL saying it was a hustle after pumping it for so long. probably up tens of thousands of % on doge if not more, would be a perfect time to scalp any crypto on the market, it doesn't have to be about BTC itself
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