This isn't good...

in bitcoin •  4 years ago  (edited)

Elon has them paper weak hands

This just came out and dropped bitcoin by $2k as well as Tesla's stock price:

image.png

https://www.marketwatch.com/story/tesla-stock-and-bitcoin-drop-after-elon-musk-says-car-sales-with-crypto-will-be-halted-due-to-energy-usage-of-mining-11620858326

This is pretty shocking considering the makeup of bitcoin mining hasn't changed much in the last several months yet somehow Elon's view of it has.

This guy changes his mind more than a 5 year old child!

Here's his actual reasoning:

image.png

Hopefully this doesn't start the war on bitcoin/crypto mining that seems to have been brewing for several months now...

Probably going to moon DOGE.

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Lots of shenanigans all around!
Marx Zuckerb bought billions worth of BTC and kill BTC on the launch of deim. Ritual sacrifices first! 🙀😎👽🛸

  ·  4 years ago (edited)

Wow. I just saw this.

Does Elon REALLY plan to drop Bitcoin?

If so - expect the price to CRATER.

PS:

Do you know of any crypto coins that are CARBON FRIENDLY?

Those look like the real winners long-term!!!

Just my two cents - I'm NOT smart enough to give crypto advice, LOL.

Elon Should buy Steem!, clean energy and free to transfer! No fees. LOL

  ·  4 years ago (edited)

LOL, this drop is all due to Elon "The Douche" Musk. He has done nothing good for crypto and in my opinion has even hurt it. First by pumping Doge of all coins then selling 10% of his bitcoin and now this bullshit.

"As soon as mining transitions to more sustainable energy"
Qoute ~ Elon "The Douche" Musk

LOL
I am pretty sure Tesla is using the same type of energy to charge their cars as Bitcoin uses to mine their coins.