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Topic: Tesla destroys bitcoin :-[ - page 9. (Read 1427 times)

legendary
Activity: 1904
Merit: 1159
May 13, 2021, 12:31:00 AM
#7
Chillout man. Dips like these get gobbled up routinely in the world of Bitcoin. For those who are concerned about the prices of shitcoins going up and Bitcoin going down, you really do not understand cryptocurrencies.

Without Bitcoin, you will have none of this. No "investments" and no overnight crypto gurus telling you that you can 100x your money and earn easily. If you believed them, it is out of your own greed. Bitcoin has always been volatile. Musk is just a relatively new phenomena but as soon as the retail/ tiktok noobs get shaken out of the market, he will stop having so much influence.

Unless he actually tries to understand and contribute positively. If he continues trolling, the community will begin to treat him so. It is already visible on Twitter.
newbie
Activity: 27
Merit: 1
May 13, 2021, 12:30:40 AM
#6
Some one pinch me, either I'm dreaming, it's deja vu or we on some ground hogs day stuff in this lifetime.
legendary
Activity: 3248
Merit: 1055
May 13, 2021, 12:16:51 AM
#5

yup we've seen that tweet and resulted to slide down to $46,294. for someone out there who watches his money-draining, he would really begin to panic and sell. that's how fast things could happen and if you go long on leverage, you probably get a margin call, and all because of a tweet. altcoins however are still strong.

if elon is really going to accept doge, he could just announce it without this.
 

legendary
Activity: 3472
Merit: 10611
May 12, 2021, 11:58:30 PM
#4
Welcome to bitcoin market, where people panic sell and panic buy regularly making the price very volatile. You should really spend 10 seconds and look at some charts. Just scroll through the years and look at the ups and downs. If you wanted to spend more time you could search the news on certain dates when there is a big panic sell (the big red candles on OHLC charts) and see the FUD that is circulating the internet at all times.
Here is a simple place you can see charts: https://bitcoinwisdom.io/markets/bitstamp/btcusd
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
May 12, 2021, 11:54:56 PM
#3
You're shaken just after a 12% drop? Lol you must be totally new here. If you're THAT easily affected by negative press, you probably shouldn't be investing in the first place.
jr. member
Activity: 87
Merit: 1
May 12, 2021, 11:46:54 PM
#2
If  Death Note was real he would kill Elon for this nonsense.
jr. member
Activity: 36
Merit: 1
May 12, 2021, 11:05:46 PM
#1
Bitcoin Plunges as Tesla Halts BTC Payments Over Environmental Concerns
Inexplicably, after this event, Really after this event, I feel shaken; if only relying on media to grow, bitcoin will collapse at some point!

https://www.coindesk.com/bitcoin-tesla-50k-environment-concerns
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