Topic: Economical Politics by an insane guy is the reason for this crash! - page 2. (Read 279 times)
May 17, 2021, 10:21:30 AM
I won't be on the critics side about these investors into bitcoin and the negative effect it will have on Bitcoin. The campaign and popular recognition these people are giving to bitcoin cannot be over-emphasized but because of the love for more profit and other relative conditions make them wants to sell, possibly these will give room for people who will buy their dumped coin chances while we continue from there.
May 17, 2021, 08:59:44 AM
and this news will soon become a hot topic on CNBC, BBC, and several channels that frequently criticize the risks of investing in Bitcoin. We don't care because it's about time Bitcoin gave us enough room to buy cheaply. no Bitcoin damage. everything is in correction and it makes us buy more. But on the other hand, there are some people who queue at high prices. is a test as a form of training to become a long time holder.
May 17, 2021, 07:48:20 AM
I seem to remember Peter McCormack posting anti crypto content on social media in the past. He's no defender or supporter of cryptocurrencies. That twitter exchange between Elon Musk and Peter McCormack looks possibly staged or scripted. If only due to McCormack acting out of character, voicing a stance completely opposite and contrary to his normal content.
Peter McCormack never posts legit content, facts or truth. He's more like an financial industry mouthpiece and sellout as far as I know. He's the type of guy to say bitcoin cash is better than bitcoin core if someone will pay him $5 dollars for it.
I hope people realize how sketchy and suspicious many elements of this are.
Peter McCormack never posts legit content, facts or truth. He's more like an financial industry mouthpiece and sellout as far as I know. He's the type of guy to say bitcoin cash is better than bitcoin core if someone will pay him $5 dollars for it.
I hope people realize how sketchy and suspicious many elements of this are.
May 17, 2021, 07:36:53 AM
About time btc holders stop paying attention to trolls and decide what they really want out of btc, Elon and his co trolls are just a tiny percent of btc investors, the btc community should recognise this and stand their ground on their decission to hodl instead of panic selling and giving this trolls the satisfaction, btc has survived worst than this and will continue to do so. good riddance to bad rubbish 
May 17, 2021, 05:32:59 AM
Let him dump his coins. Not like it matters, Bitcoin lived for a decade without him, I'm pretty sure we can last longer than that. Heck I'd actually be glad if left the community for good. That means most of those who entered influenced by him would also stop influencing the market, making us, well, basically free. Not that he was much of a cage ofc, but heck as someone in front of the social media, his influence IS pretty huge whether we like it or not, though that's just solely based on influence.
May 17, 2021, 01:59:07 AM
Whether we like them or not to be in crypto, no one can stop them from being in here. It's a very free market and they've seen opportunities that can made from here. And for Elon, that attitude isn't new to us. We saw it from those bitcoin haters like Jamie Dimon and then started to like it and then change again from disliking it. I think that strategy has been formed long time ago and we mustn't been surprise if they're going against to the likes of us because they have to sell and profit which is a norm in having a business mindset.
You are right but the problem with this people is that they think that Elon is bitcoin's savior that they go apeshit when he does this tweets that doesn't warrant any overreaction but people still go apeshit no matter because bitcoin has gone down. How long does it take for these kinds of people to realize that no matter how someone loves bitcoin, we should always remember that they will go for their own interests first before someone else who they don't even know exists. 
May 17, 2021, 12:50:09 AM
We all want the Bitcoin price to hit the moon,but we don't want all the crypto whales,who can help for pushing the Bitcoin price to the moon.This is a great dilemma.
Elon Musk is a government supported businessman.Without regulatory credits(basically government support) his company would have bankrupted years ago.His other company-SpaceX is basically selling products and services to a government agency(NASA).
Basically,Elon Musk can't exist without the US government.
He is the biggest oligarch in the world.Even Russian oligarchs can't compare with him.
Elon Musk is a government supported businessman.Without regulatory credits(basically government support) his company would have bankrupted years ago.His other company-SpaceX is basically selling products and services to a government agency(NASA).
Basically,Elon Musk can't exist without the US government.
He is the biggest oligarch in the world.Even Russian oligarchs can't compare with him.
What he did was unethical since he actually bought BTC and act as pumper, so there is a strong probability the SEC will fine him. Anyway, we don't need to worry since Bitcoin is bigger than any individual, and his holding is actually not that huge. If he dumps his BTC, we will recover.
Not sure why we "worship" institution since they are motivated by profits. It means their profits = our losses if we assume zero sum game.
Not sure why we "worship" institution since they are motivated by profits. It means their profits = our losses if we assume zero sum game.
Elon will really go mad like John McAfee when people shout boo every time he is interviewed. He likes to be in the media all the time, getting booed will likely be the best response to him and he will turn mad like Mcafee.
There is nothing we can do if he sells his BTC though, and it's his freedom to do so. But once he does this and gets to be on the bitcoin side once again, he should expect anything again.
I think we have only to thanks mr. Elon Musk and his *cattle herd* (insane followers) for a new opportunity to buy cheaper bitcoins they gave us. And I hope more of those institutional investors come in to play with crypto market's prices again, because in the end there will be always less coins on their hands and more cheap bitcoins for everyone else.
Institutions are already taking a move now as they wanted a cheaper btc. I don't know where this bang bang will stop but I am sure I will be having so many opportunities to fill my bags with some good choices instead of looking for btc and eth, they are very risky and I think I should now move my holdings to some better coins which may not damage my portfolio the way this btc and eth did.
Look at Elon Musk: he dumped bitcoin and keeps shilling for dogecoin, but don't forget 90% of his btc investment is still intact. He is surely holding for the future, while another investors sell their coins desperately. And who do you think is going to buy these coins soon?
Whether we like them or not to be in crypto, no one can stop them from being in here. It's a very free market and they've seen opportunities that can made from here. And for Elon, that attitude isn't new to us. We saw it from those bitcoin haters like Jamie Dimon and then started to like it and then change again from disliking it. I think that strategy has been formed long time ago and we mustn't been surprise if they're going against to the likes of us because they have to sell and profit which is a norm in having a business mindset.
I want to ask those institutions' lovers, do you still want them in crypto? Do you want them to make crypto their hedge all their losses and when they will take out their profits, everyone in crypto will lose? Isn't everything in crypto getting under their control, which means it is being centralized?
I don't see any problems whatsoever with institutional Investors, neither is the network being centralized/controlled due to their influx into it; they are investors just like every other ones (just that they buy in larger quantities), thus they can buy and sell when they choose to, they do not control the market, there could be a little dip if they dump a large amount, but it is what it is, the correction that'll arise as a result of that will only be temporary, and the price will with time spike again.Having said that, I believe institutional investors have a big role to play in Bitcoin networks rise to mainstream adoption, and the thing is even if some corporations pull out, others will join the network, the interest amongst institutional investors is already present, thus it's going to keep alluring more and more of them, notwithstanding how many others get disinterested.
I think we have only to thanks mr. Elon Musk and his *cattle herd* (insane followers) for a new opportunity to buy cheaper bitcoins they gave us. And I hope more of those institutional investors come in to play with crypto market's prices again, because in the end there will be always less coins on their hands and more cheap bitcoins for everyone else.
Institutions are already taking a move now as they wanted a cheaper btc. I don't know where this bang bang will stop but I am sure I will be having so many opportunities to fill my bags with some good choices instead of looking for btc and eth, they are very risky and I think I should now move my holdings to some better coins which may not damage my portfolio the way this btc and eth did.
All of these are examples which show how an insane guy's personal revenge on a whole community could lead to unexpected losses. I want to ask those institutions' lovers, do you still want them in crypto? Do you want them to make crypto their hedge all their losses and when they will take out their profits, everyone in crypto will lose? Isn't everything in crypto getting under their control, which means it is being centralized?
You have answered you own question:Anyway I thank Elon as he is selling all his $1.5 billion worth btc in the markets causing this correction, thanks to him we will be buying his btc more cheaper. 
I think we have only to thanks mr. Elon Musk and his *cattle herd* (insane followers) for a new opportunity to buy cheaper bitcoins they gave us. And I hope more of those institutional investors come in to play with crypto market's prices again, because in the end there will be always less coins on their hands and more cheap bitcoins for everyone else. 
Elon Musk is Just a business man
He wants to get more carbon credits from Biden administration. This is why he is bashing bitcoin publicly
Take a look
https://www.bloomberg.com/news/articles/2021-01-27/tesla-credit-revenue-may-rise-to-2-billion-credit-suisse-says
He wants to get more carbon credits from Biden administration. This is why he is bashing bitcoin publicly
Take a look
https://www.bloomberg.com/news/articles/2021-01-27/tesla-credit-revenue-may-rise-to-2-billion-credit-suisse-says
Quote
Regulatory credit revenue probably will rise to $2 billion from about $1.4 billion in 2020, analyst Dan Levy predicted in a note previewing Tesla’s quarterly earnings Wednesday. He wrote that his estimate for 2021 is higher than consensus of $1.3 billion.
Governments do not like bitcoin, and I doubt we will see too many libertarians who support btc in Biden administration . Bashing bitcoin will help him get that money he wants.
Governments do not like bitcoin, and I doubt we will see too many libertarians who support btc in Biden administration . Bashing bitcoin will help him get that money he wants.
https://www.twitter.com/PeterMcCormack/status/1393971202738302986
What's the level of trolls in front of these two, and specially Elon Musk?
https://www.twitter.com/CryptoWhale/status/1393981793813078017
https://www.twitter.com/michael_saylor/status/1393960667372310535
All of these are examples which show how an insane guy's personal revenge on a whole community could lead to unexpected losses. I want to ask those institutions' lovers, do you still want them in crypto? Do you want them to make crypto their hedge all their losses and when they will take out their profits, everyone in crypto will lose? Isn't everything in crypto getting under their control, which means it is being centralized?
Anyway I thank Elon as he is selling all his $1.5 billion worth btc in the markets causing this correction, thanks to him we will be buying his btc more cheaper.
What's the level of trolls in front of these two, and specially Elon Musk?
https://www.twitter.com/CryptoWhale/status/1393981793813078017
https://www.twitter.com/michael_saylor/status/1393960667372310535
All of these are examples which show how an insane guy's personal revenge on a whole community could lead to unexpected losses. I want to ask those institutions' lovers, do you still want them in crypto? Do you want them to make crypto their hedge all their losses and when they will take out their profits, everyone in crypto will lose? Isn't everything in crypto getting under their control, which means it is being centralized?
Anyway I thank Elon as he is selling all his $1.5 billion worth btc in the markets causing this correction, thanks to him we will be buying his btc more cheaper.
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