Latest posts of: Torque

Quote from: Paashaas on May 17, 2021, 11:11:09 AM

Since even their followers can figure out how to consistently pronounce it, I've been calling it "Douche-coin".

Hope it sticks.

Oh and btw, the Gen Zers already think that people that like meme coins are "Cheugy". Whatever that is. So I think douchecoin is doomed long term.

Quote from: cAPSLOCK on May 16, 2021, 09:47:29 PM

Quote from: Torque on May 16, 2021, 12:33:43 PM

Quote from: Wekkel on May 16, 2021, 07:41:53 AM

Who needs enemies with friends like this: https://twitter.com/elonmusk/status/1393738154889338884?s=21

It’s becoming stranger and stranger Roll Eyes

Regardless, the increased Bitcoin fear in WO posts strengthens my feeling that this correction is nearing its end.

Man I'm so glad he keeps blabbing, showing the world just how much of an idiot he truly is. This is great. Keep going, Elon.

"Better to stay quiet and be thought a moron, that to open your mouth and remove all doubt."

But how many of them can't tell either?

They can tell...

https://twitter.com/TESLAcharts/status/1393994530131742720

Quote from: Wekkel on May 16, 2021, 07:41:53 AM

Who needs enemies with friends like this: https://twitter.com/elonmusk/status/1393738154889338884?s=21

It’s becoming stranger and stranger Roll Eyes

Regardless, the increased Bitcoin fear in WO posts strengthens my feeling that this correction is nearing its end.

That head-and-shoulders pattern that the whales have been painting since 3/5/21 is as fake as Elon's head of hair.

Quote from: Elwar on May 14, 2021, 03:13:09 PM

But we all know that the earth is a sphere. And that we are living inside of it. As Tolkein told us.

I've seen Mordor with my own eyes, I tells ya! It's real!

Quote from: JimboToronto on May 14, 2021, 02:52:01 PM

SNL? Isn't that some comedy TV show?

It used to be. Long ago, when it was actually funny.

Not anymore. Hasn't been since the days of Chris Farley and Will Ferrell.

Quote from: UmerIdrees on May 14, 2021, 07:51:59 AM

Elon does not officially have a coin but who knows he must have grabbed a ton of doge in the recent past.

Uh...last time I checked, he has bought $1.5 billion worth of Bitcoin.

Not seeing where he or his company has bought any Doge. Or any amount that would matter.

We know the game. We've seen this movie before.

"Hey, don't look over there! Look over here!"

Guys, this is all playing out *exactly* like 2017 did.

Remember April/May of 2017? It was right around that time when the BCash fork and UASF shitshow fiasco started up. Bitcoin dipped hard and shitcoins started getting pumped. The forum was raging about it, and how Bitcoin was losing marketshare to shitcoins. The bullshit went on well past the BCash launch in August 2017.

We all know what happened after that. Wink

So HODL on, my good friends. Keep buying those dips.

Quote from: heslo on May 13, 2021, 05:40:08 AM

Well, the last few hours has definitely been something interesting. Good to see we bounced right the fuck off the 46k mark and now back into the 51's. Kinda sad one person, who is relatively new to crypto and BTC in general, can make a tweet and cause this much panic. I'm not sure what the fucking end game was here but I can tell you it's got nothing to do with BTCs environmental impact. If he gave a shit about that his strip mining operations for lithium would stop too. Plus he's hurt his own investment by knocking the price down some. Time will tell I guess but BTC is bigger than one person and let this serve as a warning to us all... don't champion a single person as a hero in this space, humans are shitty and invariably will let you down

You would think that after the whole "from 'Bitcoin Jesus' to 'Bitcoin Judas' " fiasco, the community would learn that lesson.

But oh no...

Quote from: Richy_T on May 13, 2021, 02:25:17 AM

Quote from: cAPSLOCK on May 13, 2021, 01:15:45 AM

I gotta say... I respect his commitment to his ideals. An entire army of oldschool bitcoiners were starting to replace "Wen Lambo" with "Wen Tesla", and he just told them to go fuck themselves.

I am sort of being facetious, of course. But I will arrogantly point out that when they put Bitcoin on the site and everyone was asking "Will you be buying a Tesla now?", I held my tongue. For lot's of reasons, no small one being it takes more than a token gesture to earn my respect.

I have a feeling that the total number of Teslas bought with Bitcoin == 0.

I think this is one of those "you can't fire me, I quit" scenarios. Musk was expecting a bunch of people to roll in with their Bitcoin and nobody came to the party.

I have a feeling that it's worse than that. I bet that overall demand for Teslas worldwide, has either completely stalled or fallen. And it could get even worse for him. Demand could start to freefall.

That's why he had to do some "creative accounting" with Bitcoin on the balance sheet last quarter, just to make it look like they made a profit.

I'll likely own an electric car one day in the future. In another 10 years or so, when the tech has matured. But I can pretty much guarantee that it won't be a Tesla.

All of the pre-existing automotive companies will be able to produce them not only better, but more reliable.

Tesla will have to pivot completely away from making cars. They don't make any money on them anyway.

Quote from: El duderino_ on May 12, 2021, 10:19:14 PM

https://twitter.com/elonmusk/status/1392602041025843203?s=21

Tsssssss

One of his wealthy WS buddies must have wanted to take a position.

And the SEC doesn't consider this market manipulation? Un fkn believable.

Quote from: Phil_S on May 11, 2021, 07:07:14 PM

Just noticed what you did, you dorks! I told you 9xx is fine, damn it. You'll pay for this!

With great power comes great responsibility. Use it wisely.

Quote from: Elwar on May 11, 2021, 01:52:16 PM

It looks like all markets in the US are down on the news that inflation was at 3.4% yesterday.

This means that there will be pressure on the Fed to stop their Bitcoin pumping scheme by cutting back on their monthly spending and eventually raise rates.

Yeah, but we all know they won't in either regard.

They are trapped between 1.5-2% range in interest rates. Completely trapped.

They will keep printing, and announce YCC to the world and act like they are saving markets from out of control inflation. But it'll keep rising, especially in assets.

The billionaire talking heads will keep spouting "market bubble" and "potential selloff", all the while continuing to buy buy buy the stock market. It'll keep hitting ATH after ATH.

Quote from: somac. on May 11, 2021, 11:32:38 AM

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

If you think that a centralized mess of a shitcoin with a 90M pre-mine and currently $50-500 transaction fees will ever "overtake" BTC, then you are delusional. And POS will be a big fail.

Quote from: somac. on May 10, 2021, 01:58:39 PM

Quote from: Torque on May 10, 2021, 01:43:08 PM

The MSM is continuing their constant campaign of promoting and mentioning ETH and Doge, but nearly silent on Bitcoin. Roll Eyes

The true WO's know what's coming. Wink

The flippening???

ETH and Doge are old hat. It's Shiba Inu now +1600% in last 7 days, coin ranking 18.

Too many shitcoins going bananas, I'm thinking we get a whole market crash soon.

Meanwhile J.P. Morgan's wealthiest clients are quietly accumulating btc through JPM's new Bitcoin fund...

...gee, I wonder why? And not a peep about it from the msm...so strange... Wink

The MSM is continuing their constant campaign of promoting and mentioning ETH and Doge, but nearly silent on Bitcoin. Roll Eyes

The true WO's know what's coming. Wink

Quote from: BitcoinBunny on May 10, 2021, 08:43:42 AM

Quote from: machasm on May 10, 2021, 08:36:26 AM

Labels.
I am at retirement age and in my youth I am sure people suffered from the same ailments as people do today.
Its just that today everyone seems to need a label for a particular behaviour as if by having one seems to justify said behaviour.
Meh. What do I know, I am just an old bloke on the internet (I don't have a label).

The modern label stuff is weird and self defeating.

People want to be treated the same, but differently. Roll Eyes

Elon Musk: "I have Asperger's Syndrome, which makes it difficult for me to be funny, fit in, or pick up on social cues."

Dan Aykroyd: "Hold my beer..."