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Author Topic: Now tell me if you still believe on Elon Musk.  (Read 1337 times)
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May 19, 2021, 06:29:23 AM
 #21

Elon Musk lost his 2nd position on the richest people on earth.
Short positions against Tesla are the Highest at this moment.
Michael Burry alone has 534$ million short positions against Tesla.
Tesla shares fell more than 25% in a month's span.

Who's having more bad news..? Crypto community or Elon Musk..?

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May 19, 2021, 06:39:10 AM
 #22

His reason for removing bitcoin as a mode of payment is clearly unbelievable and now a research was already carried out with regards to the fossil fuel consumption, it just made it more vivid that he is just tricking people and taking advantage of their ignorance. There's no reason to believe in that guy anymore regardless of how much money he has and how much influence he can make. Bitcoin is suffering at the moment but it will surely come back and recover soon so let us stop talking about Elon Musk already and start believing in bitcoin up until it regains it good price and obtain new all time highs once again.
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May 19, 2021, 07:40:43 AM
 #23

I think we are going to have this discussion forever! I have started to feel that forum has turned into Elon Musk's personal space to talk about it.  Grin
Well, again and again, lets not forget his billions of dollars richer than us and he can manipulate the market always. He won't be afraid of the government or SEC since they know Biden and Elon's relationship is far different that what see.
Over the time his wealth is going to rise, so he will gain more control of the market. Unless and until SEC really interfere his going to manipulate it.
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May 19, 2021, 07:43:45 AM
 #24

I won't believe a clown who will get his karma one day.

But the masses will still believe him and see him like their savior. I am shocked people can be so dumb. Whatever, it's their loss not mine. I will HODL even if BTC goes down to $10K.

1 BTC = 1 BTC
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May 19, 2021, 10:25:05 AM
 #25

Elon Musk is a market manipulator and his claims all make sense with his reasoning. His Bitcoin claims are in his calculation. He is a businessman, a trader and he knows how to make money from the holes of the market. Trust the cash flow and the ignorance of the community don't believe what Elon Musk says.
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May 19, 2021, 10:28:50 AM
 #26

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
It seem's like they are just playing around with crypto I never really believe in Elon's tweet.
I know that he could get the price move on however he wants and it is a proof of it.
I never trust his crypto picks specially when he gives too much attention to a meme coin that has been around for a long time and doesn't have any improvement at all before he tweets about it,
From the moment he pick it up I already have doubts about him as a crypto investor/TA or anything related with crypto.

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May 19, 2021, 11:22:55 AM
 #27

Elon Musk is a market manipulator and his claims all make sense with his reasoning. His Bitcoin claims are in his calculation. He is a businessman, a trader and he knows how to make money from the holes of the market. Trust the cash flow and the ignorance of the community don't believe what Elon Musk says.

If Elon Musk is really a market manipulator, that means that he can move the market in any direction. So far I see only options how he can do situation even worse. I just can imagine how Elon could turn Bitcoin price into opposite direction. Buy saying that Tesla changed their mind and continues to accept Bitcoin - but that will only make him look like a clown. Make more positive tweets about Bitcoin ? I dont think that people trust him anymore that much.

 
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May 19, 2021, 11:45:18 AM
 #28

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
At first when he start accepting Bitcoin payments was he not aware of energy consumption and for his knowledge most of the miners are using renewable sources of energy for Bitcoin mining instead of fossil fuels and he is just criticizing to spread FUD.I was not following his tweets from tbe start but no doubt was happy when prices start to rise.He is business person and his only motive is profit growth.Tesla made huge profits by holding $1.5 worth of bitcoins which they have not made in 10 years by selling cars.Musk is just playing with Market emotions and knows his intentions but we all need to make investment at this time to reverse his actions which will eventually boost btc prices above $40k soon.So just realise the importance of Bitcoin rather than someone else making profits out of your pockets on social media.

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May 19, 2021, 12:42:06 PM
 #29

This market dump still continues, how big the effect of Elon Musk anti bitcoin announcement?

I believe the price will dump but not this fast, we are just trading at 50k this week and now we are already down trading at $30k+...
I wonder if we will see more dip from now, this is a mess, people are panicking and we might see an early bear market.

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May 19, 2021, 01:16:00 PM
 #30

This market dump still continues, how big the effect of Elon Musk anti bitcoin announcement?

I believe the price will dump but not this fast, we are just trading at 50k this week and now we are already down trading at $30k+...
I wonder if we will see more dip from now, this is a mess, people are panicking and we might see an early bear market.

So many thoughts right now.  Frankly, I'm tired of the narrative that this is just he way it is and it's all part of the deal.  At some point, this has to stop or crypto will never be taken seriously.

Elon is a piece of shit. 
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May 19, 2021, 01:24:06 PM
 #31

This market dump still continues, how big the effect of Elon Musk anti bitcoin announcement?

I believe the price will dump but not this fast, we are just trading at 50k this week and now we are already down trading at $30k+...
I wonder if we will see more dip from now, this is a mess, people are panicking and we might see an early bear market.

So many thoughts right now.  Frankly, I'm tired of the narrative that this is just he way it is and it's all part of the deal.  At some point, this has to stop or crypto will never be taken seriously.

Elon is a piece of shit. 

Crypto was already taken seriously, we would not reach $2 trillion marketcap if people are not serious.
The thing is, crypto is still volatile and easy to manipulate, that has been its norms and newbies are usually the one who will pay for the price.

With what is happening now, bitcoin nearly dump $29k... I'm sure newbies are already having a problem now because they are pancking.

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May 19, 2021, 01:31:23 PM
 #32

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
I've also mentioned before that someone should make comparisons between bank transfers and BTC mining prior to jumping to conclusions about Bitcoin being unsustainable. And it's great that research on this topic has been done and is already published. However, it's worth noting that bank transfers also cover way more people that Bitcoin goes, so taking this into account, Bitcoin probably is worse for the environment. What surprised me is gold because gold doesn't function as money anymore and isn't really needed for anything significant, and yet it stands at almost the same level as the banking industry.
And I do believe that Musk tries to consider the environment here, even though his actions aren't fully justified.

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May 19, 2021, 01:37:59 PM
 #33

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
There is a lot of crypto enthusiast that are followers of Elon Musk the indicator and manipulator. There are so many people saying that Elon Musk is an Indicator and manipulator which just like his tweets on Dogecoin which we all know that the primary reason for the hype of this coin is due to the tweets of Elon Musk in which many says that the price of this coin always depends on the tweet of Elon. So my thoughts about the Tesla will stop accepting bitcoin in their transactions is because they just want to manipulate the market in which it makes bearmarket.

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Sirait
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May 19, 2021, 02:30:00 PM
 #34

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
^ cannot be denied that Elon is one of the most influential in the world, like it or not, there are still many people who follow his tweets. I myself will continue to follow his tweets, but I will still be careful in making decisions, especially when he tweeted about crypto.
int03h
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May 19, 2021, 02:42:50 PM
 #35

Elon Musk is a market manipulator and his claims all make sense with his reasoning. His Bitcoin claims are in his calculation. He is a businessman, a trader and he knows how to make money from the holes of the market. Trust the cash flow and the ignorance of the community don't believe what Elon Musk says.

If Elon Musk is really a market manipulator, that means that he can move the market in any direction. So far I see only options how he can do situation even worse. I just can imagine how Elon could turn Bitcoin price into opposite direction. Buy saying that Tesla changed their mind and continues to accept Bitcoin - but that will only make him look like a clown. Make more positive tweets about Bitcoin ? I dont think that people trust him anymore that much.

The effect of the bad tweet caused the market to crash and according to technical analysis, Bitcoin has dropped to the $30k-$32k support area.
The fix to bring the price of Bitcoin back may not work anymore because Elon Musk's reputation has dwindled. Right now Tesla also owns over $1 billion in Bitcoin, and the price drop is hurting the company's assets as well. This week he is trying to justify the notoriety that the community has blamed on him.
btc-room101
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May 19, 2021, 04:17:42 PM
 #36


There was also a theory that it's for his CO2 credits that is why he is doing this. We can never tell what exactly but one thing is for sure, Paypal was once his, he created it and now it's defeated as a global mode of payment because of cryptocurrency.

Well honestly, let's talk sour grapes.

HE SOLD out paypal, with the cash, he build a rocket-ship company, and a car company, making him the richest man on earth ( for a time )

Now does he give a rat's ass about paypal today? I think not, even his partner Peter Theil moved on to build PALANTIR (CIA) now the premier 'pre-crime human tracking system' for planet-earth.

Both these boyz, have CIA handlers that helped them launch their companys to #1 status

They all know that BITCOIN was created by NSA, they all know everything that's going on.


Only mushrooms ( people fed feces & kept in dark ) believe in HODL. PPL here hate Musk cuz he didn't HODL, well welcome to planet earth, MUSK is not a moron.


PALANTIR tracks you and predicts your future, TESLA tells you where you can& cannot go, the rocket ships launch the satellites to keep the entire system watching the earth. What's a mother not to love?

Musk is a fraud. He takes credit for other people's achievements. He is not technically competent. He is not self made. He came from extreme wealth.

I can feel it he is going to crash and burn within 5 years. From world's richest man on paper to either in jail or in debt. That's just how it's gonna go for Musk. We don't want him anywhere near our beloved BTC.


When it comes to Tesla he wasn't a founder. He didn't contribute to the project. He also defrauded the shareholders to the tune of over 5 Billions via Solar City. He bought solar city bonds and then faked a new product for solar city to sell it to Tesla. Meaning when Tesla acquired solar city it also acquired a ton of debt, some of it to Elon Musk himself.

Elon Musk doesn't understand physics. If he did his proposals would make a lot more sense. Also the route he is taking with SpaceX means that every launch with humans on it is a spin of the dice. By my reckoning there is a 5% chance everyone on board the rocket dies. Elon Musk is a psychopath that only cares about making more money.


If he did care about the environment he wouldn't even propose point to point rocket transport for humans. The idea itself isn't viable because of the actual physics involved. Those ballistic trajectories require too much fuel. Fuel which will make the ticket price cost prohibitive.

However what remains is the most environmentally destructive means of transport ever proposed. You'd be putting out more CO2 than the average american in a year in just a flight or two.

We shouldn't keep having rocket failures. each of those rockets blowing up represents an immense amount of emissions for nothing. Take the time the whole facebook satellite blue up on the SpaceX rocket. Curiously enough this case might have been sabotage since Elon was doing the same thing a year later after Facebook was set back years due to the rocket explosion.


And Elon Musk is dangerous to his customers. His proposed neural-link would be installed in the human skull in a way that weakens it. The needles according to demonstrations clearly puncture blood vessels in the brain. The overnight charging may cause a fire, in your brain. Your skull might be susceptible to breaking a lot more easily.

And his claims that this will cure everything from blindness to paralysis are bogus.

Here is a very good video series on the subject of Elon Musk's neuralink. In fact this channel, along with thudnerf00t are excellent for debunking Elon Musk.
If you follow the facts these two channels are the best on YouTube when it comes to debunking nonsense.

https://www.youtube.com/watch?v=BvmA_gQ-95c

as for Thunderf00t just look him up. His real name is Phil Mason and he is a PHD chemist and a very successful scientist with many good papers under his name. His unique way of thinking has lead him to many new fascinating scientific discoveries.

thanks, you clearly understand the real musk

musk  & paypal is enough for me to know he is an asshole
btc-room101
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May 19, 2021, 04:19:59 PM
 #37

Elon Musk is a market manipulator and his claims all make sense with his reasoning. His Bitcoin claims are in his calculation. He is a businessman, a trader and he knows how to make money from the holes of the market. Trust the cash flow and the ignorance of the community don't believe what Elon Musk says.

If Elon Musk is really a market manipulator, that means that he can move the market in any direction. So far I see only options how he can do situation even worse. I just can imagine how Elon could turn Bitcoin price into opposite direction. Buy saying that Tesla changed their mind and continues to accept Bitcoin - but that will only make him look like a clown. Make more positive tweets about Bitcoin ? I dont think that people trust him anymore that much.

The effect of the bad tweet caused the market to crash and according to technical analysis, Bitcoin has dropped to the $30k-$32k support area.
The fix to bring the price of Bitcoin back may not work anymore because Elon Musk's reputation has dwindled. Right now Tesla also owns over $1 billion in Bitcoin, and the price drop is hurting the company's assets as well. This week he is trying to justify the notoriety that the community has blamed on him.

my understanding is he bought in at $42k, and sold out on the way down, he had the paper profit for awhile, but now he's lucky to have escaped without loss, it was borrowed money he used to buy $1.5B btc
imstillthebest
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May 19, 2021, 04:59:28 PM
 #38

they need to reply their  research in elon  musk tweet .
let see if what will be elons reaction but if he apologize and re accept btc again in tesla i guess i can accept it because elon is only a human that can make a mistake and what if he didnt make a proper research by the time he made his tweet against btc.
it hurts but i keep on following elons account to have an idea if what is his next plans in the crypto market .
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May 19, 2021, 05:36:19 PM
 #39

This is something that I already thought, that Elon Musk really just wants to manipulate the cryptocurrency market by utilizing his capacity which is recognized by 90% of people in the world as a person who can create an innovation.
We should not believe his sweet words, we must continue to fight for cryptocurrency so that people can accept it naturally and according to their respective wishes.
It's very painful, after being accepted as payment is now rejected.

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May 19, 2021, 05:37:10 PM
 #40

I think we are going to have this discussion forever! I have started to feel that forum has turned into Elon Musk's personal space to talk about it.  Grin
Well, again and again, lets not forget his billions of dollars richer than us and he can manipulate the market always. He won't be afraid of the government or SEC since they know Biden and Elon's relationship is far different that what see.
Over the time his wealth is going to rise, so he will gain more control of the market. Unless and until SEC really interfere his going to manipulate it.
It is possible that with his contradictory tweets about the cryptocurrency, Elon Musk sought to be constantly talked about and discussed, regardless of whether in a good or bad light. But he is now the most talked about person. Otherwise, I can't even understand what he was trying to achieve with his contradictory actions and statements.
Regarding whether we believe in Elon Musk or not, he is not a god to believe in him. We look at his words and actions and can evaluate them, agree with them or not. However, this estimate is subject to change, which is currently happening.

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