Am I the only one who finds his tweets and market manipulation annoying?
A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.
hello sir, maybe for some people panic, will be affected by, Elon muck's tweet, but those who are strong and who understand bitcoin flow may not be affected by Elon Musk, so my advice is not to panic too much under any circumstances, new people are all for sure panic and the effect bitcoin is going down |
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According to U.Today, Michael Saylor Business Intelligence Company announced that on June 7, it will provide $ 400 million in senior collateral. This increase in debt is more to gain access to bitcoin and organizes a so-called "speculative attack" on the US dollar. MicroStrategy, meanwhile, is expected to suffer $ 284.5 million in losses. The largest cryptocurrency is currently trading at $ 32,219 after falling to its lowest level since May 19. Shares of MicroStrategy also fell 7.3 percent today, indicating uninterrupted sales of cryptocurrencies. The company currently has 92,079 bitcoins (approximately $ 2.9 billion) in its coffers. Source: https://u.today/microstrategy-increases-its-debt-for-bitcoin-offering-to-500-millionwith the debt that is piling up will it solve the problem? This speculation has been going on for a long time, maybe with debt, people will speculate wildly out there |
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Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
hello sir, i totally agree with there, yes new people today may have to understand cryptocurrencies, even cryptocurrencies can't only be learned in 3 days or so they must really understand how cryptocurrencies work and how to understand correctly , maybe your suggestion about the crypto knowledge tome is good so people won't panic when the bitcoin price starts to drop |
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Bitcoin's drop from 65k to $30k is one of the best things that has ever happened.
Take a moment to consider:
-Numerous institutions sit on the sidelines waiting for your money.
-Occasionally, a crash occurs.
-News reports about it are more common.
-Over half of the value of Bitcoin is lost, but the network continues to function. Work continues on upgrades (Taproot).
-HODLing and buying the dip are more popular than ever before, according to analysts.
-The new price offers buyers a great opportunity to enter the market.
-Summer will see US banks beginning to offer cryptocurrency products.
-Banks in Germany are legally allowed to start on July 1.
It's unstoppable
hello sir, yes what you said is true, now maybe bitcoin will start a new phase with FUD which has been heard in the community, it all depends on where we choose to leave bitcoin or hold some of our assets to see the development of bitcoin, and currently people -big people there flocking to get in bitcoin and offering their projects and here big banks start trying to get in on the bitcoin wave |
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In the global recession, nothing is safe. When economic activity is at its lowest point, people are in desperate need of money. In this state, it is not surprising that the price of Bitcoin has fallen.
In fact, if there is Bitcoin, many people will sell it. This is to be expected. Bitcoin's value will inevitably fall like stocks. Bitcoin's market is not absolutely independent of what is happening in the world. This is obvious.
But Bitcoin will not go bankrupt, it will not happen. The company may go bankrupt, and even the country may fall into a debt crisis. But Bitcoin will not reach that state. Bitcoin will eventually rebound
why?
hello sir, yes right now everyone really needs money with the current situation or rather the covid 19 virus which hampers the activities and finances of the country, there is a lot of speculation that destroys bitcoin so bitcoin falls because there are a lot of FUD and many people panic to sell it, indeed state finances are currently weak but not with bitcoin, bitcoin will only weaken when many FUD threatens |
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So now that bitcoin is recovering well from it's drop we can expect a bull run again.
We all know how Elon pumped and then dumped the market through his influential tweets.
This what happens when people listen to others blindly and invest.
DYOR (Do Your Own Research) is the approach that everyone should follow.
Don't panic sell. There will be many such waves and many such influential people who might try to manipulate the market again.
HODL has always proved to be strong.
Why this thread ? - It's more like a wake up call to newbies and all those who blindly follow others.
P.S : I voted for 3rd option
hello sir, yes i totally agree with you right now the best thing is to hold our bitcoins in the future, don't panic too much with speculation whether it's from elon or other people, bitcoin has been like that for generations and there will be other waves affect bitcoin |
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Elon Musk changed his profile picture and unlike his previous tweets, this move seems to be a positive one. Is is time for bitcoin to cross the ATH again ?  https://twitter.com/elonmuskElon MusK Bullish again for bitcoin ? hello sir, yes maybe it could happen right now it looks like people are starting to forget about Elon Musk, most likely next year or this year bitcoin will cross ATH again |
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Will BTC ever be able to switch to the POS consensus algorithm?
hello sir, it is not possible because bitcoin is currently developing faster, and the algorithm is just a dream and not yet realized |
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As China bans bitcoin again while India unbans bitcoin again, this is getting played out. The energy consumption FUD is tired BS. The tweets, the misinformed articles, media FUD, etc. This is all getting boring. The fundamentals haven't changed, and the manipulation is getting boring. Seems like every rally, the same boring FUD comes in and scares the newest wave of recent buyers. It's cool if you bought within these recent few months, but stop fucking panic selling and wait for fuck sake. Don't like the current price, wait. Not giving you a good profit, wait. Fucking hold and wait.
hello sir, yes i agree with you current FUD is too boring and those who spread FUD only take advantage of new people and make everyone panic and rush to sell it, this is a pity, if we want to wait a little longer it's possible we will get a big profit, at this time my bitcoin is still holding it won't sell it, maybe until 2024 |
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Many people have been talking about a full government ban towards Bitcoin. Some said that Bitcoin could be banned the same way Gold was banned a couple of years ago. This is to prevent people from using Bitcoin and other cryptocurrencies on top of Fiat. After all, governments want to control people's money. Something that's decentralized and outside the reach of the government, should be banned from the face of the Earth (according to governments' mindset). What do you think? Will governments (especially the US government) ban Bitcoin like they did with Gold? Or is it too late to do something about it? Will Bitcoin survive if all governments unanimously agree to ban its usage worldwide? Your input will be greatly appreciated. Thank you very much.  hello sir, yes i understand what you are asking, i think the government is too late to ban bitcoin at this time, because of the large pattern and circulation, it is likely that the government will let everything run as it is, bitcoin is currently in a larger development phase, everyone the program has also been updated, so the barrier will not be able to ban bitcoin because now bitcoin is growing faster and bigger |
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Just as people moved from gasoline powered cars to electric will investors also move from bitcoin to ecofriendly alts?
hello sir, I think it will come true after we see how broken the market is now, maybe everyone will choose altcoins as a backup, or as a backup when bitcoin is at its lowest price |
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hello sir, I think it's just Elon's gibberish so that bitcoin continues to fall and Elon might take a little profit there, we see that the tweet that Elon conveys is just a back drama, it can't be denied that Tesla currently consumes more energy than bitcoin |
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In Ron Paul's view, bitcoin is money, and it should be taxed as such. How do you view this information?
hello sir, I think if that's true it's possible that bitcoin will decline again with the tax, or without realizing it we've been trading on the bitcoin exchange has been taxed every day as an example of "fee" where every exchange will definitely cut a little for the cost of buying and selling |
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With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin? will bitcoin weaken or vice versa?
hello sir, I don't think there will be a big impact on bitcoin if even if covid 19 disappears and the economy returns to normal, we can see in 2017 without covid bitcoin can also rise to the top, so my opinion will not affect the selling price of bitcoin, which I'm afraid it's bad news for bitcoin itself |
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Binance CEO Changpeng “CZ” Zhao said it’s impossible for a single entity to kill bitcoin and its underlying blockchain technology. “I don’t think anyone can shut it down now, given that this technology, this concept, is in 500 million people's heads,” he added. Binance is the biggest cryptocurrency exchange by volume.
Theoretically, this is true, but governments and regulatory bodies can severely restrict access to and redemption of bitcoin. While the network will always be accessible through an internet connection, and Bitcoin will always have value, it is another issue if BTC use and custody are heavily regulated or outlawed due to Governmental fear of losing their monopoly on the money supply.
Your opinion?
hello sir, yes i agree with you, however people look at bitcoin and want to destroy it, i don't think it will be able, even elon though, bitcoin has gone very, very long, and in it there is a network that will never even be cut off and if the government regulates or tighten the regulations in bitcoin, I think there will be a demo for it, the government may also change the regulation of bitcoin which is getting bigger and bigger |
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