Do you really believe in this? Tesla is Elon. If they sold it's because he told them so. Him saying that it was Tesla, not him is so childish and stupid like he's laughing at us thinking we're idiots or something.

Because he has a reason for it and the reason is money. He wants to pump another coin and show Bitcoin as weak compared to it. I wouldn't be surprised if it was Cardano which is pumping like crazy despite the rest of the market going red.


We still are, don't be fooled by trolls.

Let me quote you on that

Let's see the last 24h
BTC -9%
ETH -9%
Doge -15%
XRP -8%
LTC -14%
BCH -16%

Yea, BTC is dying, ETH and alts are doing great

20k is a bearish prediction for the end of the bear market if it comes to it.

Price usually touches somewhere around the last ATH, so for us to go to 20 thousand we'd need many months of bear and before that we'd need a 50% drop followed by a dead cat bounce so something like your 36000 followed by a recovery back to 50 and a deeper drop to 30? If you see something like that we won't go to 100 thousand before 2023


I didn't know there were so many negative investors lurking around.
Also, meme tokens are worthless shit popular only because it's a next trendy thing.

It's so funny when we lose like 20% from ATH and people start talking about rock bottom. You should know better after so many cycles.

Here's where fundamentals come into play.

I've been here for some time. Maybe not as long as people who bought in 2012 or 2013, but long enough to see a couple repeating things on the charts.

If the fall is right after a peak and the price corrects this means we were overextended. This means a healthy correction. People are selling to take profit.

If the fall comes after news unrelated directly to BTC like a ban somewhere, an exchange hack, someone saying something bad about bitcoin, it's going to be a weak hand shakedown and a panic sellout.
If you see this, make sure to buy more because it will come back as fast as it fell.
There were many such crashes like when the US closed borders in 2020.

I'd probably think if it's legal. McAfee was imprisoned over crypto pumping but they got him on taxes so it's not exactly the same.
As far as I know it's illegal to manipulate the market like he did.

He bought BTC, tweeted about it, price rose, he sold, tweeted that he doesn't like it anymore, price dropped.
He's probably going to buy some other coin now, maybe more dogecoin and do the same thing all over again.


This I have to agree with. If you bought bitcoin because of Elon don't complain that you lost money because of him. He's not your friend, you are fish to him.

He did not make Bitcoin and he won't destroy it, be real people!

How much did Bitcoin rise right after his tweet? 10%? Before him we had serious gains and we would have serious gains without his tweet.

Seriously, how many people actually bought a new Tesla with Bitcoin? 10? 20? It looks like a joke figure compared to Tesla's annual revenue. They don't need you to buy their cars with your coins and you don't need them to pump bitcoin!


Does this qualify as death threat?

I'll give you a number o solutions:

Buy backups like power banks, ups, gasoline, diesel or natural gas generators, solar panels...
A single industrial grade UPS can provide power for your phone, internet router and lights for many days. It can even power your fridge for a day if needed.

I always have a fully charged power bank and a chargeable light source at home.

You don't have to think it will go to 0 to panic sell.
It's much simpler than this!

People who buy to get quick gains think only about their profit and they don't have a plan for the next 2 years without their money. They cannot wait.
They either get some profit right now or they'll even take the loss just to free their capital and be able to invest in something else. Most traders think they can make more money if only they are not left holding a bag. Some are right, most are wrong.

Not many people can really go all in because we all need to live.

If all in means selling our houses and cars and putting it all into Bitcoin I'll say no way.
If all in means spending all my money on Bitcoin I'll say no. I have to eat, pay my bills, have money to fix stuff if it breaks, buy gas.
If all in means having no other investments but bitcoin then I'm almost all in because I have some ETH.  


I could sell now with huge profit but like OP I believe we'll see 100 thousand dollar bitcoin in the next 5 years. It's worth the wait.

Exactly. We've seen so many bear markets. What's the worst thing that can happen?

If it doesn't go below 40 thousand it's still bull market. Who buys there will at least have a chance to sell at 50 thousand if not higher or hold, that's if we don't reach a new ATH this year.
If it drops below we'll enter a longer bear market. Maybe a few months. maybe a year, but the lowest we'll go will be the old ATH of 20 thousand which shouldn't scare any long time holder and the next bull market will take us above 100 thousand for sure.

I always laugh at these prediction. "It's going up because bollinger bands are flat" Sure...
It's even funnier when someone posts a prediction and gets put in his place within hours.

Bitcoin is going up but 56000 was no support just like 58000 is not a resistance. The fact that a price stopped at that point recently doesn't mean that it's a significant level.  
If you want to look for supports and resistances look at 1d. 60000 is the resistance we need to break to go up.

Yes it's about real sports. "The new company will offer users the chance to buy and sell shares on American players and teams"

It's like fantasy football but with some real value added by stocks. I don't know how it's going to work and if it will, but if OP is asking whether this will succeed I'll say that you cannot succeed if you don't try. The owner has thought of something new but with roots in old games because fantasy betting has been here before.

It's already the norm. Most exchanges require KYC and what about it?

You can still trade in person, you can still do it using trading groups, you can trade stuff on this forum with no KYC involved. KYC only made it more difficult for newcomers, especially those who value privacy. It did nothing to people who really wanted to trade illegal goods or launder money. They were doing it anonymously outside centralized exchanges before KYC became mandatory.

I don't know what Elon did but usually pumping is done this way:
A group of influential people buy a coin and later go public with some news or their intent to buy.
People expect something to happen and watch the market, some buy in anticipation and raise the price already.
The group makes its move buying more, but this time in 1 move to make it seen.
They wait for people to go crazy and when it happens they sell what they were buying early on in secret and are able to show that they still hold what they bought at the pump.
Their image stays positive, they make some money, they still hold the asset to be able to show they're true to their word.

Elon did that. He announced that Tesla was going to buy and Tesla did. He later said that Tesla sold some coins but it wasn't him, he still holds
We don't know how much he bought before Tesla's pump, we don't know how much he sold after.

I hope you will realize in time that if you're afraid of a sudden crash and bitcoin does crash, your altcoins will crash with it.

If you hold bitcoin, buying altcoins with some of your BTC will not save you from a bitcoin crash. It's the other way round, it will increase your risk because altcoins always drop more than bitcoin in a bear market.
It always baffles me why people don't know about this before they start to diversify their portfolios.

Different tastes and different choices.

You could ask the average person if they think holding money on a bank account is better than investing most will probably say that investing is better, yet most people never invest their money.

People who prefer stocks are usually older. Also, people who have a lot of money rarely want to take s big risk. They prefer a steady small gain over big gain followed by a big loss if you don't sell at a right moment.

Just remember people, don't trade based on someone telling you that something should be good. Should be and will be are very different words!

When I see people talking like that it reminds me of what Max Keiser and Tom Lee were saying in 2017. It also reminds me of what some traders were saying about Bitcoin's 1000 dollar bottom.

Is he going to eat it in person or feed it to the members of the congress who made him look like a fool when he tried to bullshit them with Libra?

Zuck is such a weirdo that I wouldn't even bother discussing this but if any publicity is good then I guess this is some positive news.

What's next? Elon gets a Shiba and calls it Dogecoin?

Most altcoins are still very cheap so people don't care they have to pay 1 or 2 coins for their transaction because it's still less in fiat money than they'd have to pay for bitcoin.
They don't see the big picture that if those altcoins were to go 100x in price like bitcoin did they'd be paying a more for transaction than they're paying for a bitcoin tx.

Newcomers who are just about to buy some bitcoins complain about fees but people who held bitcoin for a while can take it. If you were an ETH holder for 2 years you wouldn't care about fees and focus on how much money you made.

This is how you spot a country in trouble. A country that is promising more than it can deliver and looking for ways to make additional money at people's expense.

They're crazy if they think they can trace bitcoin when people can trade their coins for cash at any moment. Hacking hardware wallets, sure.

Biden is being laughed at by other countries when he can't find stuff, gets confused in public, forgets what he was talking about, apologizes to people. He's not a strong leader, not a healthy one too and Americans will be lucky if he lives to see the end of his presidency.