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Topic: Are some too blind to see? - page 2. (Read 1060 times)

legendary
Activity: 1610
Merit: 1003
June 11, 2021, 06:06:05 PM
someone who have power in money, popularity, will get more and more than just ordinary person. just with one tweet he can take much fish from this pool, crazy.
people will do what make them take the advantage, not much as the richer, but they get profit too. they have strategy to make profit, and other people must have own strategy too.
hero member
Activity: 2856
Merit: 794
I am terrible at Fantasy Football!!!
June 11, 2021, 12:28:13 PM
Wasn't there a report about Tesla making more from Bitcoin than they had ever made from making and selling cars?
I remember seeing that report as well and as surprising as it may seem I think it is true, the stock market is completely crazy right now, we have a great deal of companies that are huge and yet they have not reported any profits, this makes the stock market just a big casino in which it does not matter at all the result as long as you project the right image, which is precisely what Musk has been doing all of this years and it has been enough to make him incredibly rich.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
June 11, 2021, 02:04:18 AM
You are right, after being involved in the crypto market for a while, TESLA released bad news like taking a profit of $250 million in Bitcoin and stopped accepting TESLA tram payments in Bitcoin. I don't know if they've sold off their bitcoins yet but they're clearly disrupting the market.
Nothing to worry about it, I am pretty sure that what Tesla is doing is probably a short-term thing and I don't think that we have to worry about it, if the prices are down then try to buy some bitcoin, whining won't make any money.
sr. member
Activity: 1414
Merit: 326
June 11, 2021, 12:13:21 AM
Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

You are right, after being involved in the crypto market for a while, TESLA released bad news like taking a profit of $250 million in Bitcoin and stopped accepting TESLA tram payments in Bitcoin. I don't know if they've sold off their bitcoins yet but they're clearly disrupting the market.
With tesla joining the crypto market many are at risk if they invest to make a profit many traders are selling their currency out of frustration. But I don't think there will be any interference with tesla if the demand for currencies is high prices will rise and investors will be profitable good time to hold on without selling.
full member
Activity: 532
Merit: 104
June 10, 2021, 10:26:05 PM
Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

You are right, after being involved in the crypto market for a while, TESLA released bad news like taking a profit of $250 million in Bitcoin and stopped accepting TESLA tram payments in Bitcoin. I don't know if they've sold off their bitcoins yet but they're clearly disrupting the market.
member
Activity: 560
Merit: 26
June 10, 2021, 07:57:02 PM
Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

But you don't have to take this personal, this is why I don't blame much people who got rekt by following this influencers and billionaire with hope of making it big.
Tesla was one of the companies who catalyses and fuel pump bitcoin price in this bull cycle and I don't see anything bad if they take profits or not. It's just like a day trader who invest $100 in a long position an exit the market with his profit when the sentiment of bitcoin isn't longer bullish.
You and I are here, we are the true believers of bitcoin so let's hodl for long time. Its pays this way
legendary
Activity: 2380
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
June 10, 2021, 07:40:49 PM
I am here for profit too, but nobody complaint about it. Company should use their capital wisely so their money will not stop circulating. They have to invest their money. But the point is the big company like Tesla choose Bitcoin as one of their investment. In my opinion, if there is nothing special in bitcoin then I am not sure that Tesla will invest in it. The thing that must be underlined is Bitcoin is profitable enough so it can be one of the top investment choice.

There are very few who are here to seek technology alone and dedicate themselves to development, most of us are looking for it is all about money, and how to get it more and more every day, however when TESLA is mentioned, I think that it already enters an environment clearly biased, although he does not get a good endorsement in BTC, the best thing he can do is remain silent, and not do FUD, oh that by doing so he lost btc and Doge, it is well known that there are processes that pollute much more than himself BTC. Also, everything goes into a chain as if it were advertised, since Donald Trump said that BTC was a scam, causing people to panic and make massive sales, it is something that is not difficult to understand since these characters have many fans globally and can manipulate the market in a sense.
member
Activity: 140
Merit: 10
June 10, 2021, 05:58:05 PM
we have a word here. If you are a cow, there will be many waiting for milk. Unfortunately, people act like a cow. and it is quite normal for them to expect milk.
hero member
Activity: 2562
Merit: 577
June 09, 2021, 10:35:38 PM
Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Taking profit is one thing, funding is another,  and a continuous act on it is taking things overboard,  why turn back to fud an asset that gave huge profit within a short period of time! There could only be one reason for that, Musk want to buy cheap btc after dumping at ath, after all he is a business guy and knows how to make money and especially when to make a move, it is very logical,  anyone who sold btc at peak would want a chance to get in from below, being smart is part of the game.
full member
Activity: 994
Merit: 117
June 09, 2021, 10:24:49 PM
Consciously or not, Tesla has made big moves in crypto, especially bitcoin, as for the market manipulation that is happening right now, I prefer not to make decisions quickly, let them take what they started. everyone is free to do whatever they want.
hero member
Activity: 2814
Merit: 576
June 09, 2021, 07:42:45 PM
I am here for profit too, but nobody complaint about it. Company should use their capital wisely so their money will not stop circulating. They have to invest their money. But the point is the big company like Tesla choose Bitcoin as one of their investment. In my opinion, if there is nothing special in bitcoin then I am not sure that Tesla will invest in it. The thing that must be underlined is Bitcoin is profitable enough so it can be one of the top  investment choice.
Tesla may have seen special potential in bitcoin that made them invest in bitcoin but as a big company, they have all the freedom to choose where they can make more profits and bitcoin is definitely their best choice.

Like any other billionaires, big companies are also taking advantage of the opportunities to accumulate more profits. I guess nobody would come into crypto and just ignore all the possibilities that would make them even more richer.
legendary
Activity: 3234
Merit: 6706
Proudly Cycling Merits for Foxpup
June 09, 2021, 06:22:40 PM
and tesla sales paid with Bitcoin are  ot being transferred to FIAT.
Do we know that for sure?  It seems like nobody here even has any data on how many cars Tesla sold for bitcoin, much less whether the company used a payment processor for those transactions or not.  But given how much of a supporter of bitcoin was in the beginning, I would think that Tesla wouldn't have a payment processor convert the bitcoin to fiat, but who knows?

And I know this is old news that OP was talking about, but I don't have any complaints about what Elon Musk did as far as bitcoin is concerned.  He's a businessman and he's allowed to change his mind on things--but I'm also not sure if the bitcoin hyping Musk did followed by the dump wasn't pure market manipulation on his part.  I'd like to give him the benefit of the doubt, but I have no clue what went on in his mind.  Guess time will tell.
legendary
Activity: 1400
Merit: 1108
June 09, 2021, 05:54:04 PM
Upon seeing this thread's topic, I laughed and then hoped I wasn't among the blind once. Well, I guess that's not my position to decide as there would always be a view point or reason to the later for which might sound or seem stupid to the next person.

Anyway, bitcoin has come to a point in time where influential individual like Elon Musk, Whales and huge investors can actually manipulate the bitcoinmarket and it seems to work so well. So well because, the people have become so sentimental and with the government always around to fuel any fud in the sphere, the fud grows more stronger and you see investors actually selling off. For as many as those who can hodl, there would always be an ROI as at when due. Keep hodling.
jr. member
Activity: 42
Merit: 45
June 09, 2021, 05:46:09 PM
Wasn't there a report about Tesla making more from Bitcoin than they had ever made from making and selling cars?
hero member
Activity: 3024
Merit: 647
June 09, 2021, 05:22:30 PM
If you’re realizing that now, then I’m sorry to say that you’re late lol. I have been saying that for a long time that all those billionaires just wants to take advantage of cryptocurrency’s volatile nature and use it as a means to get even more rich and nothing else.

It’s just like when I saw a tweet that motivated Elon Musk to invest in Bitcoin, it was coming from one of his fellow billionaires (someone posted it here once) and he was telling Elon Musk that he can increase his money within a short time by investing in cryptocurrency and he also asked to meet him to share his portfolio. So that means he already planned all these things before investing. They are all about just making more and nothing else, they don’t care about cryptocurrency.
I believe whoever comes in crypto the first goal is to make profits. Even how rich you are, you are not really here for crypto but the money that you can gained from it. Remember, rich people are even smarter than poor ones when it comes to money matters. They will definitely make ways so that they can keep adding more wealth into their possessions.

With Tesla engaging into crypto, Elon Musk is the person behind it. Before it decided to start accepting bitcoin as a payment, i think everything has been planned already. Now, Tesla has gained huge profits from crypto investment but some people are still blind to see.

hero member
Activity: 2366
Merit: 605
June 09, 2021, 02:32:44 PM
If you’re realizing that now, then I’m sorry to say that you’re late lol. I have been saying that for a long time that all those billionaires just wants to take advantage of cryptocurrency’s volatile nature and use it as a means to get even more rich and nothing else.

It’s just like when I saw a tweet that motivated Elon Musk to invest in Bitcoin, it was coming from one of his fellow billionaires (someone posted it here once) and he was telling Elon Musk that he can increase his money within a short time by investing in cryptocurrency and he also asked to meet him to share his portfolio. So that means he already planned all these things before investing. They are all about just making more and nothing else, they don’t care about cryptocurrency.
full member
Activity: 452
Merit: 101
June 07, 2021, 05:33:43 PM
I am here for profit too, but nobody complaint about it. Company should use their capital wisely so their money will not stop circulating. They have to invest their money. But the point is the big company like Tesla choose Bitcoin as one of their investment. In my opinion, if there is nothing special in bitcoin then I am not sure that Tesla will invest in it. The thing that must be underlined is Bitcoin is profitable enough so it can be one of the top investment choice.
hero member
Activity: 2856
Merit: 794
I am terrible at Fantasy Football!!!
June 07, 2021, 05:00:25 PM
Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Welll... that was known to everyone. What were you thinking about Elon? Did you thought that he pumped Bitcoin just because he was attracted to it? Afterall, he is the second richest individual in this planet. And from what I have seen, the richer you are, the greedier you become. And Elon is not an exception. He wants to use cryptocurrency as a tool to increase his wealth. He is least bothered about the well being of cryptocurrency or its users. And let's not forget this - Mark Zuckerberg already tried this and failed.

The problem with Mark Zuckerberg is that people don't trust him. He is a very secretive person and if he would try to publicly boost certain cryptos or stocks then I don't think people would actually follow him. With Elon Musk this is a complete different story. People look actually up to him and it seems that they trust in all the words he is saying. Unfortunately Elon Musk is exploiting that trust and uses his social media reach to increase his wealth.
Which means that like always we need to be very vigilant of what we do, just because a person is rich does not mean that he is a good person, we know that Musk cares only about himself and his companies, everything else is secondary to him, so I do not see why people still follow him when this is so obvious, but I suppose those people do not really have any other way to try to obtain profits from the markets, which is funny in a way because if they had left Musk alone and not listen to him then they will be in better shape and at least they will still have their fiat.
legendary
Activity: 3640
Merit: 1217
June 07, 2021, 09:17:17 AM
Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Welll... that was known to everyone. What were you thinking about Elon? Did you thought that he pumped Bitcoin just because he was attracted to it? Afterall, he is the second richest individual in this planet. And from what I have seen, the richer you are, the greedier you become. And Elon is not an exception. He wants to use cryptocurrency as a tool to increase his wealth. He is least bothered about the well being of cryptocurrency or its users. And let's not forget this - Mark Zuckerberg already tried this and failed.
full member
Activity: 2170
Merit: 216
#SWGT PRE-SALE IS LIVE
June 07, 2021, 08:51:25 AM
Tesla takes profit from crypto investment and some stupid people aren't even bothered, like I always say even billionaires who invest in crypto are here for the profits no matter how long they chill and hype the coins, be smart people

Yeah, read this today when Tesla released their business figures for the last quarter. It did surprise me that Tesla recorded $101 million dollars as profit from crypto transfers on their balance sheet. That means, these profits were realized from crypto sales, even though Elon Musk tweeted "future hodl" just a few days ago. It's also not really clear if these profits come from bitcoin or also doge sales. It's kinda fishy, but as long as people believe in what Elon does, who cares!
In my opinion, this is understandable. Any institutional investors invest their money in cryptocurrency not out of love for it, but for the sake of making a profit. Therefore, they will sell it at any time if, based on market movements, they deem it necessary to maintain or increase their profits. At first I thought that even though Elon Musk was doing it out of interest in cryptocurrency or sports pleasure, however, judging by his recent actions, he is the same as other businessmen. Moreover, his actions are even in many respects contradictory and illogical.
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