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Topic: Musk and Tesla's BTC conspiracy (Read 668 times)

member
Activity: 714
Merit: 16
May 18, 2021, 07:32:24 AM
#66
Elon musk should wasn't just aware of the emitting issues he raised so I will just call that an excuse, with all without him holding, bitcoin will continue to exist and I know all this will soon pass away and everybody will forget how it all started.
sr. member
Activity: 1988
Merit: 453
May 18, 2021, 07:01:37 AM
#65
Being honestly i really believe tesla will accept dogecoin as payment really soon, i am expecting this to show up anytime from now on

Possible. Else Elon wouldn't have put up the poll in Twitter. But unlike what happened when they started accepting Bitcoin, the decision to accept Doge (if it is ever taken) is going to be detrimental for Tesla. Dogecoin is a cryptocurrency with hardly any accountability. It can go up or down by 50% in a single day. And due to low liquidity, Tesla will struggle to convert Doge to fiat currency once they receive the payment. And as far as I know, none of the altcoins (including Doge) offers the same level of security offered by Bitcoin.
newbie
Activity: 1
Merit: 0
May 18, 2021, 06:28:59 AM
#64
Being honestly i really believe tesla will accept dogecoin as payment really soon, i am expecting this to show up anytime from now on
full member
Activity: 1512
Merit: 129
May 18, 2021, 06:23:15 AM
#63
People are getting tired of Elon Musk. He is a sneaky manipulator and enough is enough.

BTC will be fine but Musk and his Tesla's will see less sales, that's guaranteed, I wouldn't buy from such a narc even if he sold me his cars at half price!
Reduction in sales, that will not happen. Tesla would have seen more purchase if bitcoin is accepted. He is just being too enthusiastic about bitcoin forgetting some cons of mining bitcoin. Elon is known to always promoting something that is environmental friendly and as soon as he knows bitcoin mining using fossil fuel is growing, he makes such remarks
legendary
Activity: 1610
Merit: 1003
May 18, 2021, 06:13:00 AM
#62
yeah, this conspiracy point to doge. its just a theory, but it can be true.
he can manipulate it price, the greater one and the other. many people lose their mind to sell their coin, like controlling people just with one finger.

Get ready for the "here's why I'm wrong" bull run.

Nice flash sale on Bitcoin, I appreciate it Elon.

hope, as fast as possible.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
May 18, 2021, 05:04:06 AM
#61
Musk hasn't sold his bitcoins. HODL https://ibb.co/0MYK1CR
That's not how the stupid Twitter haters interpreted the tweet and now they are panic selling, let them sell at a loss and make them broke, I don't care about them, they did it to themselves, that's what you get if you follow a personality online like a cult, you become the sacrifice.
jr. member
Activity: 80
Merit: 4
May 18, 2021, 04:59:47 AM
#60
Musk hasn't sold his bitcoins. HODL https://ibb.co/0MYK1CR
full member
Activity: 1190
Merit: 117
May 17, 2021, 05:56:13 PM
#59
I think that Tesla already sold bitcoins.

But what I do not understand is why is the price is affected so much by his tweets. Who cares if Tesla stops BTC payments? How many cars they already sold for BTC? 10? 15? Or less?

This is INSANE!
It's not all about his tweets. The problem is that Bitcoin was already overbought at 60 thousand and many people knew it could correct so they had no buy orders set up at that level.
When Musk spew his hate and some people got scared and sold they sold into empty market.

When you have 1000 bitcoins and sell and there's only buy orders for 500 in the given range, the rest will automatically fill all the lower orders. If another big buy order is 2000 USD lower than that's where you'll sell your last coin. We are witnessing a domino effect that will stop when people calm down and realize it could be a good moment to buy again because what's done is done.

That's why it's called panic because people are not thinking straight. They are trying to get rid of bitcoin at all cost because there could be something wrong with it when reality nothing is wrong. It's the same Bitcoin they were paying 60000 USD for.

I agree that Bitcoin's price will go too high when it rises above $ 60k, and it is true that sooner or later there will be a correction. And what Elon Musk
did is only the trigger for finally Bitcoin corrections to a deep enough now. Many Bitcoin holders end up panicking, especially for new investors who
do not have investment experience in crypto, they will definitely be affected by what Elon Musk has done. Yet if we can be calm and do research
properly, we will surely understand that corrections do need to occur. It should be that the price of Bitcoin goes down there is no need to panic,
but make it an opportunity to buy Bitcoin, because I believe it won't be long before Bitcoin can go up again.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
May 17, 2021, 05:29:45 PM
#58
Tesla still owns over two billion dollars in Bitcoin so they are just playing a manipulative game to buy Bitcoin at a lower price. I don't believe a rich person suddenly knocks over his rice bowl. So don't worry, after this price drop Bitcoin will soon grow and reach $100,000 or $200,000 as predicted by traders.

Exactly, who talks down on what they have not just their money but that of their company invested into if not to create fud and present an opportunity to buy more when the price crashes lower. The whole fud game was getting boring since they just recycled previous fud but I'm quite impress with this one as it presented a true problem which is the electric consumption of bitcoin.

Elon is always full of suprises so don't be surprised if he comes up with a tweet on how to reduce this or solve this problem and get the people to trust him. Or probably he has another project he has interested in pumping which is quite environmental friendly than other cryptocurency currently (his words though not mine).
hero member
Activity: 3010
Merit: 794
May 17, 2021, 04:54:16 PM
#57
IMHO, Lolli wrote the greatest answer to Elon's stupid announcement.
I know that most of us are deeply pissed off by the way he behaved: too much inconsistency from him and too many changes in a short amount of time. I kindly ask you to respect the man though, there is no point in attacking him personally. I know we are right in defending btc from his false accusations, I know that, but stop attacking the guy on a personal level. Every attack like that, even if you are right, will put on the wrong side.  Wink
You cant stop people on not on doing that where they do bashed out even into that personal area already and wont stick out on where they should placed out or something we do called limit.

Basing off with Musks behavior then im not really that surprised on how the community been reacting to that but dont they think about the probabilities that all of these things are connected
into some sort of signal or shall we say a manipulative way on trying to make the market down?

We are already experiencing it at the moment but we cant point out fingers on whats the actual reason behind this decrease or sale on cheaper btc.
hero member
Activity: 2184
Merit: 531
May 17, 2021, 04:27:10 PM
#56
Its looks like Elon Musk to me same the person Pump And Dump , when he want to make money from BTC he posted BTC is good and when he want to buy BTC at low price and sell at high he posted BTC is not good , why you said earlier that you are BTC in your balance sheet as investment and buying doge coins for son , you are nothing but pump and dump

Isn't that what JPMorgan did a few years back? CEO tweeted how Bitcoin is stupid and that he'd fire anyone in the company if they traded bitcoin, next thing they are found to be trading.

Elon doesn't want Bitcoin, he needs company revenue on paper so he'll pump and dump, manipulate, tweet silly things, he'll do whatever it takes to show profit.

My opinion is that if he hasn't sold, he will, so don't count on his help or anything. Bitcoin survived without him for so long and it will keep on going long after he's gone.

I think that Tesla already sold bitcoins.

But what I do not understand is why is the price is affected so much by his tweets. Who cares if Tesla stops BTC payments? How many cars they already sold for BTC? 10? 15? Or less?

This is INSANE!

It's not all about his tweets. The problem is that Bitcoin was already overbought at 60 thousand and many people knew it could correct so they had no buy orders set up at that level.
When Musk spew his hate and some people got scared and sold they sold into empty market.

When you have 1000 bitcoins and sell and there's only buy orders for 500 in the given range, the rest will automatically fill all the lower orders. If another big buy order is 2000 USD lower than that's where you'll sell your last coin. We are witnessing a domino effect that will stop when people calm down and realize it could be a good moment to buy again because what's done is done.

That's why it's called panic because people are not thinking straight. They are trying to get rid of bitcoin at all cost because there could be something wrong with it when reality nothing is wrong. It's the same Bitcoin they were paying 60000 USD for.
member
Activity: 123
Merit: 13
Thermofinance.Com
May 17, 2021, 05:02:46 AM
#55
It's just a strategy to down bitcoin price, but I think soon something big will happen and bitcoin back on the road.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
May 17, 2021, 03:27:29 AM
#54
Tesla still owns over two billion dollars in Bitcoin so they are just playing a manipulative game to buy Bitcoin at a lower price.
Tesla and some bitcoin investments of elon to be exact.

Selling of the companies investments to take profit is really normal and it doesn't really affect bitcoin price. But the reason of tesla suspending bitcoin payment due to the kind of energy use for bitcoin mining is really suspicious and unreasonable.

While most bitcoin miner used is already 76% renewable energy. Gold and other mineral mining is one of the most destructive industries. And the paper printing money cost a lot for the environment due deforestation.

Elon Musk's arguments made everyone laugh in the face. His companies SpaceX and Tesla use more electric power than Bitcoin.







Tesla still owns over two billion dollars in Bitcoin so they are just playing a manipulative game to buy Bitcoin at a lower price. I don't believe a rich person suddenly knocks over his rice bowl. So don't worry, after this price drop Bitcoin will soon grow and reach $100,000 or $200,000 as predicted by traders.
I can definitely see the optimism but it is just at a time like this when the market is barely surviving with Elon Musk saying more things is just making people despise this guy.
TBH I think it is really pathetic how the market can react to a guy's tweet and collapse everything that was built. It is annoying to see that a small reaction in people's opinion trickles down in a major domino. It does say something about the market - I suppose next time we need to build it better, stronger.

Elon Musk is trying to regain a bit of his reputation after breaking the crypto uptrend with other, more mellow-looking tweets

https://twitter.com/elonmusk/status/1394170030741413888
newbie
Activity: 25
Merit: 6
May 17, 2021, 02:39:46 AM
#53
Get ready for the "here's why I'm wrong" bull run.

Nice flash sale on Bitcoin, I appreciate it Elon.

Man, I hope you're right, and also that the flash sale lasts until I get paid on Thursday  :-P
hero member
Activity: 1246
Merit: 588
May 17, 2021, 02:35:59 AM
#52
Yeah, market manipulation so they can buy the dip. That's the power of whales....we have seen this happen before so its not new
 Its funny how bitcoin hodlers always wail and panic about every dip.


Probably the biggest whales right now in the market. We sure can't defeat them so if you want to take advantage of the current situation it is always better to stay close and follow his lead or you just take a deep breath. we've always had that saying 'Keep your friends close but keep your enemies closer".

It is all a numbers game. It's either you react to it or take advantage of it. Whatever may be his motive it is still a good call to risk your asset that is how investment does works right?
legendary
Activity: 2030
Merit: 1189
May 16, 2021, 03:57:16 PM
#51
Tesla still owns over two billion dollars in Bitcoin so they are just playing a manipulative game to buy Bitcoin at a lower price. I don't believe a rich person suddenly knocks over his rice bowl. So don't worry, after this price drop Bitcoin will soon grow and reach $100,000 or $200,000 as predicted by traders.
I can definitely see the optimism but it is just at a time like this when the market is barely surviving with Elon Musk saying more things is just making people despise this guy.
TBH I think it is really pathetic how the market can react to a guy's tweet and collapse everything that was built. It is annoying to see that a small reaction in people's opinion trickles down in a major domino. It does say something about the market - I suppose next time we need to build it better, stronger.
member
Activity: 275
Merit: 11
May 16, 2021, 03:40:41 PM
#50
Its looks like Elon Musk to me same the person Pump And Dump , when he want to make money from BTC he posted BTC is good and when he want to buy BTC at low price and sell at high he posted BTC is not good , why you said earlier that you are BTC in your balance sheet as investment and buying doge coins for son , you are nothing but pump and dump

Isn't that what JPMorgan did a few years back? CEO tweeted how Bitcoin is stupid and that he'd fire anyone in the company if they traded bitcoin, next thing they are found to be trading.

Elon doesn't want Bitcoin, he needs company revenue on paper so he'll pump and dump, manipulate, tweet silly things, he'll do whatever it takes to show profit.

My opinion is that if he hasn't sold, he will, so don't count on his help or anything. Bitcoin survived without him for so long and it will keep on going long after he's gone.

I think that Tesla already sold bitcoins.

But what I do not understand is why is the price is affected so much by his tweets. Who cares if Tesla stops BTC payments? How many cars they already sold for BTC? 10? 15? Or less?

This is INSANE!
sr. member
Activity: 1876
Merit: 437
Catalog Websites
May 16, 2021, 02:48:36 PM
#49

THE CONSPIRACY
I don't think this is all about the environment, I think its a market manipulation for an intended bullrun in the dogecoin and the people would blindly follow. For a while now  the dogecoin has been targeting to make a $ in market price and i think this is that plan in motion. He has claimed to be the father of dogecoin and what won't a father do for his ward Being! Being a phenomenal figure for Musk and the long list if environmentalist to appraise this course.

Enough of Elon Musk and these bullsh*t.

I mean for me it's too obvious the reason for fossil fuels is obviously just a cover-up and  I don't think it is the real reason why they do it, and probably many people will agree with me.

This fossil fuel thing is obviously something that Elon musk knows or they know already before even they announce that they will invest in bitcoin for sure.

A lot of dogecoin holders believed that dogecoin will be the online money or the cryptocurrency that people are gonna use in the future because it is suitable to bitcoin in that aspect and I think maybe Elon is going in that way after dropping the price of DOGE is might pump it again.
copper member
Activity: 2562
Merit: 2510
Spear the bees
May 16, 2021, 01:59:44 PM
#48
Get ready for the "here's why I'm wrong" bull run.

Nice flash sale on Bitcoin, I appreciate it Elon.
hero member
Activity: 2184
Merit: 531
May 16, 2021, 01:53:30 PM
#47
Its looks like Elon Musk to me same the person Pump And Dump , when he want to make money from BTC he posted BTC is good and when he want to buy BTC at low price and sell at high he posted BTC is not good , why you said earlier that you are BTC in your balance sheet as investment and buying doge coins for son , you are nothing but pump and dump

Isn't that what JPMorgan did a few years back? CEO tweeted how Bitcoin is stupid and that he'd fire anyone in the company if they traded bitcoin, next thing they are found to be trading.

Elon doesn't want Bitcoin, he needs company revenue on paper so he'll pump and dump, manipulate, tweet silly things, he'll do whatever it takes to show profit.

My opinion is that if he hasn't sold, he will, so don't count on his help or anything. Bitcoin survived without him for so long and it will keep on going long after he's gone.
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