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He sells his bag of coins at the high, then tweets so coin comes down to buy back in at a lower price ? he is up to something
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wont be speculating will he?
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Plenty of Copy cats I should imagine, speculate to accumulate, whilst advertising your investment and product. Can't get that kind of % profit from the Banks?
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Hasn't he got form for this?
Worlds biggest ramper imo (maybe with the exception of the poster Seaside on here!) |
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He's telling the truth for once - all these computers in asia mining it is bad for the environment. No rules around cryptocurrencies so manipulate away.
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Tesla still hold their initial purchase £1.5billion of btc, (tweeted that yesterday) + theres been no big dump on any xchanges, but loads of btc taken off xchanges into secure cold storage.
Its rumoured that he did it (**** on btc) to get leveraged longs(speculators) liquidated, he knows 40 - 50% of btc mined is done with hydro or green energy in China, or he should know, what launches his rockets into space ? + lithium mining is doing way more damage to climate. It could be he wants to release his own Tesla token, his stock price dropped too after so not that smart tbh. though imo he just likes to be centre of attention, and he's cost new crypto buyers money he's allowed hodlers to buy at new lows. |
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It's an utter pointless waste of energy.
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Tesla sold 10% of their bitcoin, it was in their accounts a few weeks ago.
The difference is that his story has changed. Only a couple of weeks ago he said they would hold their assets, now he implies they wont. Its a defunct argument saying x% of green energy is used to mine bitcoin Since it requires energy full stop, that green energy could have been better used elsewhere The question should be is it a good enough use of energy? Central bank's crytpo will crush all these shinnaegans very soon. |
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do they still use canarys when mining?
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Only on Twitter.
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40 - 50% of btc mined is done with hydro or green energy in China
Or, to put it another way, 50-60% of btc is mined using fossil fuels. |
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All his cars are Green Charged are they ?
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Anyone who thinks "green" energy does no damage needs to go do some proper research.
https://www.wired.co.uk/article/lithium-batteries-environment-impact |
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Just got updated 76% of btc mining is renewable/green/free
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do they still use canarys when mining?
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What would you do if you were the Chinese Communist Party?
First, subsidize bitcoin mining with cheap power, so that anyone wanting to buy bitcoin has to buy it from you, with hard currency. Then, pull the plug on it, ban it, send in the sledgehammers, all in the name of fighting climate change. The result? The world loves you for the example you're making on the environment. Plus you get to keep all that hard currency. And, you get to sink Elon Musk, knocking out a competitor to China. Well, it's what I'd do, anyway. |
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Tesla girls.
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cracked house • May 17, 2021 4:21 PM BST
Just got updated 76% of btc mining is renewable/green/free It doesn't matter, it's an utter waste. |
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elon seems to be pushing doge coin bought some at the low, sold my bitcoin a while ago not re buying at the low, better stuff out there
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ive made money by betting my mate colin with cryptos as the bet.
He is dumb as gaze, he investing in a thing called shib, I think he spelt it wrong anyway if it hits 50 cents I have to give him £2000 if not he owes me £2000 we have set the timeframe at 7 months easy fekkkin cash. just to warn you hes buying cardano and vechain also but ive won the bets on them. |
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if gaze gets into crypto's we will finally find out if man can really internally combust
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There are some bookies who take crypto I wonder if it's the future what with affordability checks etc ?
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Well, considering bitcoin has fallen by a quarter in the last 10 days, you'd have to get used to withdrawing your winnings immediately to avoid turning that 4/1 winner into a 3/1 one. And then re-depositing every time you wanted a bet.
God knows what would happen to those Chinese computers if everyone started doing that. Are there even enough computers on the planet, never mind the power supplies to run them>? |
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I think somebody shot that fox because crypto en masse is struggling.
This is a crucial time. If crypto drops now during inflation worries it calls out the lie of it having a store of wealth |
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Its all dropping like the bag of heavy shiiiiiiiiit that it is.
You gotta be a mug to be investing in this now, its had its day. |
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You do know theres only 21 million btc to mine with rewards cut for miners every 4 year.
Hope some of you have more betting knowledge then you do about crypto. |
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i have zero knowledge on cryto and bitcoins fair enough but the rest is a load of nutsacks.
buying fresh air ffs you might a well buy a star. |
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Yep many many sh-t coins and market volatility scared many off, but ETH, BTC, LINK, and few others have great real world uses and massive teams behind them.
Did you know you can buy digital dollars "USDC" "DAI" "TETHER" few others pegged to the real $ (so always worth $1) and you can get 12% in interest compounding. Go get that in the bank. look at the new "thing" NFTs millions being earnt. |
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Cracked house
It doesn’t matter. The issue isn’t about scarcity, it’s about value. Fiat currency has the faith of pretty much everyone. Bitcoin et al has a passing interest without foundation. As soon as the child shouts ‘no clothes’ it’s done. |
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I think its a market were many will get burnt badly, my mate bought cardano, luckily hes a trader on here so when it hit 2.40 he sold it and will buy back in soon he says.
little profits rather than trying to be on the next 100x coin. in fairness he bought shib with the profit which looks like a shocking coin. |
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When one understands the concepts that we humans come up with, it is not surprising we are in the state we are in.
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What you describe is the technology, that has value or prospective value.
It’s nothing without substance. Currencies used to be backed up by gold bullion, it was only when they got cocky they cut the link, but that happened when they took total control Crypto in this form has no influence and nothing other than the ideology of secrecy |
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incorrect fiat money was removed from the gold standard theres not enough gold in the entire earth to call parity with the $ that the central banks just keep printing, trillions and trillions to fight inflation rising
Libya wanted to marry its currency to its gold reserves thats why it got bombed to oblivion |
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Well its like gambling you pays your money you take the risk.
i'm lucky i bought low and its all profits as i got in early initial investments returned now its all cream. I'm a big boy and if it goes tits up so be it, tho i hardly think it will |
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The separation came under Nixon, way before quantitative easing.
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Centralised finance will finish it.....other than drug dealing and money laundering....which itself will become legislated against.
The moon is as far away as it always was. |
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'12% interest,go and get that in a bank',pretty much what bernie madoff said
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This sentence tells me all i need to know smh
"other than drug dealing and money laundering" Why have money sitting in a bank losing 2% + a year in real terms, when you can borrow out your GBP/Dollars backed by insurance so your moneys safe and get 10% compounding |
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People with money don’t leave it in accounts losing inflation
Economics is leveraged between bond and stocks, with a harbour of gold It’s ofc more nuanced than that with private equity. |
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thats what they tell people to do
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