Elon Musk supporting greener crypto - page 2.

Kemarit

legendary

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Quote from: tinopener on May 12, 2021, 08:13:29 PM

Elon Musk is putting the brakes on Bitcoin until the energy issue is sorted out.

He says he is looking at more energy efficient crypto, no doubt "proof of stake" alternatives.

What do you guys think he will go for?

I've got some Cardano and EOS on Coinbase.

Nah, just another way for him to shill another crypto, Elon is really doing a good job for his Tesla and Bitcoin, but saying that he is looking for more energy efficient crypto? I highly doubt it. Makes me think that Elon is really self centered guy, and just spewing non sense, worst than John did when he was the influencer of shit ICO's.

So I don't believe every word that's coming from Elon's Musk now, might be better if we keep him away from crypto space, just saying.

cabron

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https://www.betcoin.ag

He really contributed to the manipulation in this market with just tweets, day to day you can see how much price change every time shit comes out of his tweets.
But these tweets are just half of the story because the news recently was that mining could be regulated by governments. Behind it all, I think Elon is still full of shit. Doge to the moon!

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: tinopener on May 12, 2021, 08:49:13 PM

I'm just rifling through them now learning about them and trying to gauge which ones Musk could tout next

I think the old adage "buy the rumour and sell the news" works well in these wild west days of crypto.

Yeah I'm not sure coinbase is the fastest to respond though so they might be the news part of the equation... Still the earnings from their tutorial videos should act as a good hedge.

There's probably a few other twitter accounts you could check that people might be following for rumours too (I assume people like cz binance are mentioned in news articles). The news still brings a bit of a peak in price too.

shinratensei_

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Leading Crypto Sports Betting & Casino Platform

he was looking for a conservative coin that consumes very small energy. POS is the best choice for him but i thought that it will be chia lol
It's claimed to be green energy that is very conservative compared with bitcoin.

Elon should have thought about this before he was announcing to adopt bitcoin. This guy is playing with crypto.

tinopener

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Quote from: jackg on May 12, 2021, 08:43:10 PM

I was actually thinking eth or decred would be ones to go for for this but especially eth once it gets the upgrade in November.

I haven't looked into cardano much tbh but I remember it's been around for a while so it's possible they'll pick that one.

I thought it was funny Solana replied to his tweet though Grin

.

Yep, I doubled down on Ethereum earlier this year as I had a feeling there was going to be a shift in sentiment.

To tell the truth, I'm just a lazy speculator and I just buy 20 quids worths of every new token on Coinbase for luck.

I'm just rifling through them now learning about them and trying to gauge which ones Musk could tout next

I think the old adage "buy the rumour and sell the news" works well in these wild west days of crypto.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: tinopener on May 12, 2021, 08:35:02 PM

I reckon he'll get into something like Cardano which will provide a bit of "green washing PR".

I didn't sell any Bitcoin BTW as I can't be bothered thinking about capital gains tax, my no-doubt British buddy

I was actually thinking eth or decred would be ones to go for for this but especially eth once it gets the upgrade in November.

I haven't looked into cardano much tbh but I remember it's been around for a while so it's possible they'll pick that one.

I thought it was funny Solana replied to his tweet though Grin

.

tinopener

member

Activity: 224

Merit: 36

Quote from: jackg on May 12, 2021, 08:30:32 PM

He's just talking shit like normal.

My short was placed at 17:00 GMT based on TA, and sold at 48k as expected. The drop was due, he might have made it faster but the drop was due.

Also this is really predatory behaviour "I want to be the only polluter" - he's mining and extracting lithium and sending rockets and satellites to space. Since the only place green energy isn't cheaper than gas and coal is the US (where the government subsidises it)...

Do you look at alt coins?

I don't even see some of these as competitors to Bitcoin as they are not really currencies, but shares in infrastructure.

I don't think Musk will go at it half heartedly though.

I reckon he'll get into something like Cardano which will provide a bit of "green washing PR".

I didn't sell any Bitcoin BTW as I can't be bothered thinking about capital gains tax, my no-doubt British buddy

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

He's just talking shit like normal.

My short was placed at 17:00 GMT based on TA, and sold at 48k as expected. The drop was due, he might have made it faster but the drop was due.

Also this is really predatory behaviour "I want to be the only polluter" - he's mining and extracting lithium and sending rockets and satellites to space. Since the only place green energy isn't cheaper than gas and coal is the US (where the government subsidises it)...

On currencies his cult already worship doge so probably that...

tinopener

member

Activity: 224

Merit: 36

Elon Musk is putting the brakes on Bitcoin until the energy issue is sorted out.

He says he is looking at more energy efficient crypto, no doubt "proof of stake" alternatives.

What do you guys think he will go for?

I've got some Cardano and EOS on Coinbase.

Topic: Elon Musk supporting greener crypto - page 2. (Read 264 times)