Topic: Reactions From Musk's Bitcoin criticism - page 3. (Read 524 times)

Is it far-fetched for Musk to play this out so that he'd be able to purchase BTC after acting like he had no idea how much less BTC really consumes/pollutes compared to all those stories online? It surely does seem like a plan of his to buy more. At this point, the SEC should come out and start striking him for real because this is evident manipulation...

The longer i think about it the more convinced I am that it was a paid FUD. Paid by market operators (AKA market manipulators) to whipe out long positions with as little cost as it is possible. I (and not only me) expected a massive dump before another leg up just from technical point of view even without this "news". "news' that everyone knew about. I cant imagine a investor that invested in bitcoin not knowing the fact that it consumes as much energy as whole country. So as I don't believe that Musk nought bitcoin, was shilling bitcoin for months and finally did research yesterday and changed his decision XD. He is not that stupid...

Yesterday we also had fake binance FUD:

"BREAKING: Binance, the world's biggest crypto exchange, is under investigation by the Justice Department and IRS https://trib.al/tXGMWBT"
https://twitter.com/crypto/status/1392888177363406852

While the true is:

"The "news" title is bad. Article itself isn't so bad actually (but who reads). It described how
 collaborated with law enforcement agencies to fight bad players, but somehow made it look like a bad thing... Thinking face Anyways. Back to work."
https://twitter.com/cz_binance

I like to call it "bullish FUD". Moon soon.

Musk who has been the driving force and crypto figure for Bitcoin and Dogecoin lately, made a critic statement of bitcoin not being environmental friendly and the market experienced a little crash. This has raised so controversial beliefs in Musk, Cryptos and sole amazing reactions as well. Some of it are;

Source: https://decrypt.co/70878/microstrategy-buys-15-million-bitcoin-rejects-elon-musks-bitcoin-criticism?utm_source=reddit&utm_medium=social&utm_campaign=sm

Source: https://twitter.com/trylolli/status/1392607697501974528?s=19

There are lots of responses out there and your free to paste one as a comment or response so that, we can deduce a similarity from the various responses and be able to learn from them. Better still, to fine the opportunity in them and know how to utilise it for your gains. One basic similarity you could find between these two responses is that:

Similarities
1. They both come as a reaction to some critic statement on bitcoin
2. They provide a buying opportunity. As you can notice, they both emphasise on some possible investment at the dip.
3. There is an opportunity in the tace of chaos, you just have to fine
4. It's another way of pumping new money into the market to make some gains.

You can find a lot of ways to benefit from news such as these. A lot of persons have been waiting on the dump and how to determine he possibility of a dump. Well, here they both are and it stands a lesson to all because, it would happen again and perhaps, from a different perspective this time.