Topic: Musk and Tesla's BTC conspiracy - page 3. (Read 640 times)

Well, that obviously to say that Bitcoin can never be controlled and manipulated by anyone. He comes in crypto in shilling Doge which we know that this coin has no market value, then he moves to Bitcoin which he believes that he can control it but somehow, he just realizes that he can't.

I don't say any conspiracy in BTC but it was too clear for us that Elon Musk has no intention to go along with the market as a decentralized platform. What he wants ( base on my observation) is to take control of the market. But he even to forgot how it was becoming impossible and no way he will succeed his true intention. 

I don't think any sneaky rich idiots can shake Bitcoin easily now. Musk understood that he can't manipulate the BTC prices and that's why he moved to Doge coin where he can do literally anything as it is a meme coin. Who knows, he might be pumping new meme coins now for his profit.

He actually stated that Tesla sold off some of their BTC holdings earlier this year, 10% I believe at the first sign of profit. In the end anything from him is a business move with profit at the forefront. Longterm I'm sure he believes in the price that much I think is safe to say.

I don't thin kyou were to far off, in general. Except it wasn't really only Bitcoin, I think he like some newbies use that as a term for crypto in general. Elon likes to be the center of attention, and will do/say just about anything as either a tantrum or troll to keep it such as calling a rescuer a pedophile repeatedly. He also doesn't care what some would consider market manipulation, I believe he was fined by the SEC for doing this through tweets after receiveing warnings.
Pretty sure his inflated Ego, sees an opportunity to profit and make himself the new face of crypto. You now be all revolutionary in a new field by jumping in and taking the spotlight. I think he's either working on creating a bunch of super farm locations with "clean" energy and/or he's trying to prop up the Doge community or some other shitcoin.

I can't say for sure but I can assure anyone who thinks he has been doing the things he's done that it's to help millenials find financial success.... you are just wrong. He is no saint and it's funny to see him put on a pedestal, the second coming of Bitcoin Judas maybe.

Lol man you can't believe what you just said can you? Elon Musk perfectly understands what Bitcoin is, what it does and how it works. He knows that for years, maybe even for a decade. Even my grandma can explain Bitcoin quite well and you consider the possibility that Elon Musk didn't do enough research (best scientists in the world work for hm) to understand Bitcoin but gamble a couple billion dollars on it anyway.

Guys this is Elon Musk we are talking about. He is a smart man. In the past, he has mentioned a lot of times that he personally thinks that Bitcoin is quite clever.

This tweet was also a screenshot of an official company statement. It may just be that he is distancing Tesla from Bitcoin to avoid the negative PR about environmental concerns. Most of these concerns are actually fueled by promoters of centralized PoS coins which want to project themselves as the replacement in the current bull run. If a PoS coin or something being run on datacenter nodes can reliably and impartially keep trillions in value safe and locked, then of course we don't need BTC. The truth is that Bitcoin's PoW gives that underlying confidence and security.

If institutional investors and mainstream companies are ready to put value in something which is non-PoW, then that future will also be tested. If and when things actually come to this, we can only speculate what the outcome would be.

As far as his love for DOGEcoin is concerned, he probably just loves that he is single-handedly being able to wipe out debts for millenials who somehow stumbled upon DOGE and invested in it. If you are young and have made good profits on DOGE, just clear your debts and free yourself. Don't keep holding onto it. The biggest wallets and whales can dump at any moment and you'll be left regretting about all those unrealized gains.

I think Musk is showing what he was and before he dives into Bitcoin as well as his company they didn't get much information about what Bitcoin does. Could be that they just enjoy shilling and not really putting effort on their own research.

That wouldn't be impossible from this guy, I wonder if people will ever trust again his views about cryptocurrencies.

Elon Musk just shows the world that he can't be trusted with his words, he is more like a chameleon that can change at any given time, how is is possible that a company as big and successful as Tesla didn't do any dip research on btc mining before getting involved! That's a lie and everyone can smell it a thousand miles away, unfortunately many crypto enthusiast believe in him and took him serious.

It seems like I was wrong about Elon Musk, I used to think he is a believer in bitcoin since he saw the technology and liked it. It wasn't that far fetched considering his statements about bitcoin before the FUD began.
But in the end it turns out that the difference between Musk and McAfee isn't that much actually. They both started praising bitcoin and ended up participating in shitcoin pumps to make millions out of the pump and dump altcoin market then just left with their pockets full of newbie's cash.
At this point I'm wondering whether he is going to also create a shittoken too, maybe TeslaCoin to dump on idiots and make a couple of million dollars out of thin air.

As a result of this manipulation Tesla has just lost a potential customer: me.

Oh, that would be a disastrous attempt, promoting DOGE at the expense of Bitcoin. As Bitcoin has been regarded almost all as the King of Crypto, and everybody knows the meme coin, that even the founder already sold his share and does not want to be part of the coin anymore. Anyway, as an innovator and inventor I would admire the accomplishmens of Elon. But I guess that his stint with cryptocurrency will be forever be remembered by the supporters of Crypto with disdain and raised eyebrows.

Interesting! Funny enough I was just making this claims a while a go with no actual proof and now, Lolli has come up to make claims and point out some possible underlying ideas behind the recent Musk and Tesla's BTC conspiracy that resulted  in the bearish move observed today.
Claims: https://twitter.com/trylolli/status/1392612268316135424?s=19
Its only a matter of time before you find other crypto investors coming up to make there claims and  decline from buying Tesla's as well.

Its only natural to understand that we are in a constant state of evolution and should the only available source of energy be renewable sources and produced in adequate amount, it would receive a lot of patronage. You don't expect bitcoin mining to halt because it has not been able to switch to renewable sources.

I knew that it's not always good news, from the very start, I already believe that Elon is a big manipulator, he is rich but he is using his influence to serve his personal interest and that would not result in real adoption. So now he is destroying bitcoin to promote DOGE, I don't think he will be successful with that, people will always trust bitcoin more than any other coins, so expect that when Bitcoin drop, DOGE will also dump.

Here's a reply from lolli.com. I believe this is just the first of the many actionable response to come

Well this should be a wake up call for all of us that not every investor would surely stay for good others are just here for the profit so you should get used to those scenarios.
Everyone is free to do what they want to their crypto no matter how much they invested it is their money it is their investment plan it doesn't matter if their small time or big time investor we are all free to do what we want.

Yes sir you are absolutely right because we are getting tired of Elon musk tweet. A few days ago he allowed bitcoin as his tesla business but today he declare bitcoin a unfriendly for his businesses and $ friendly and accept $ his business plafrorm.

Hate is a very strong word, I won't use that on a person neither would I hate on anyone or anything without a reason. Besides, Elon Musk is what we could describe as a success and you don't hate on success. You admire it, envy it and use it to motivate yourself. So, hating on Musk is far from it to me, but I dislike the fact that his actions can create some mush turbulence in the market. That sh*t ain't cool no more.

On this, there are people that would always want to buy with fiat and as much, we have those that would prefer to stay anonymous on their transactions and buy with crypto, in this case, bitcoin. Kicking bitcoin out after a previous acceptance brings some sentiments to the Tesla market and in turn affects the bitcoin investors who would have preferred this option.

So, i do think it would have some effect on the Tesla sales though, I doubt it would be significant. One thing is for sure, fossil fuel isn't stopping anytime soon, altcoins too still use fossil fuel in mining though, it isn't significant as compared with bitcoin yet and then, not accommodating more medium of payment becomes a limitation. Variety is beauty.

I also don't think that it is related to fossil fuels being used for Bitcoin mining. If you were thinking like that, then why did you start accepting Bitcoin payments in the first place? This is nothing more than a market manipulation.

This is obviously clear that Elon Musk is manipulating the market, what he just declared can result to bear market, we have even noticed the bear market since like a day ago. Elon knows much about how bear market works, he knows that big blow on Bitcoin could really result to bear market that may set Bitcoin to decreased below $50000, that may also lead to other cryptocurrencies to begin to fall in price, even very possible Bitcoin to decrease below $40000. I am thinking he is planing in a way Doge will be accepted for Tesla payment, if not thinking that way, he really still just want the market to abruptly fall. If care is not taken, this can be the beginning of the usual bear market, but let us see how it goes as some others whales are still there to make sure market price is not really affected.

Same here. Totally surprised by the price yesterday, over 10% crash right now and it was worse even a few hours ago.

I don't think this is a big conspiracy though, just a guy who loves having an effect on the market and wanting to remind people as such. Remember when he also caused a crash a few days ago on DOGE when he laughed about doge being a hustle?

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.