05-13-2021, 12:20 AM
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#1481
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Franchise Player
Join Date: Jan 2010
Location: east van
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Quote:
Originally Posted by dino7c
Crypto aside that guy has waaaay to much power
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the sheep will always find someone to follow
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05-13-2021, 09:28 AM
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#1482
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Fuzz
Uh, was this news to him? Like, did he not know this before he dumped over a billion dollars into it? He can't be that daft. Or maybe he can. I can never quite tell with him.
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He knows exactly what he's doing.
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The Following 4 Users Say Thank You to Slava For This Useful Post:
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05-13-2021, 09:29 AM
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#1483
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wins 10 internets
Join Date: Feb 2006
Location: slightly to the left
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So after Elon's comments about sustainable crypto, almost every coin is tanking except Cardano, which is rocketing up today ($2.55 currently). This is fun
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05-13-2021, 09:32 AM
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#1484
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Powerplay Quarterback
Join Date: Sep 2011
Location: Calgary
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Nice to see ADA moving significantly against the general market.
Sent from my SM-G973W using Tapatalk
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05-13-2021, 09:45 AM
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#1485
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Franchise Player
Join Date: Apr 2012
Location: Maryland State House, Annapolis
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Quote:
Originally Posted by Slava
He knows exactly what he's doing.
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Elon's a smart guy and he learns well. No doubt he got a visit from the SEC when he tried to manipulate Tesla's stock price, so he learns that there is no oversight of Crypto and he can manipulate to his hearts content. I'm not a big Elon fan, but I do like that he seems to be fully leaning into the Bond villain thing.
__________________
"Think I'm gonna be the scapegoat for the whole damn machine? Sheeee......."
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The Following 3 Users Say Thank You to Senator Clay Davis For This Useful Post:
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05-13-2021, 10:56 AM
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#1486
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Franchise Player
Join Date: Feb 2010
Location: Hyperbole Chamber
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Quote:
Originally Posted by Senator Clay Davis
Elon's a smart guy and he learns well. No doubt he got a visit from the SEC when he tried to manipulate Tesla's stock price, so he learns that there is no oversight of Crypto and he can manipulate to his hearts content. I'm not a big Elon fan, but I do like that he seems to be fully leaning into the Bond villain thing.
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The SEC is the one who got a visit, to receive a briefcase of unmarked "look the other way" bills.
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05-13-2021, 11:21 AM
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#1487
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Franchise Player
Join Date: Jan 2010
Location: east van
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'If it looks like a pump and dump, if it walks like a pump and dump and it sounds like a pump and dump' well you know the rest
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05-13-2021, 11:26 AM
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#1488
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Powerplay Quarterback
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Quote:
Originally Posted by Senator Clay Davis
Elon's a smart guy and he learns well. No doubt he got a visit from the SEC when he tried to manipulate Tesla's stock price, so he learns that there is no oversight of Crypto and he can manipulate to his hearts content. I'm not a big Elon fan, but I do like that he seems to be fully leaning into the Bond villain thing.
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John McAfee is currently being charged for similar activity (though to a greater degree), the issue with Elon is he dragged Tesla into it his pump and dump with Bitcoin.
Sent from my Pixel 5 using Tapatalk
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05-13-2021, 12:17 PM
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#1489
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Lifetime Suspension
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Why can't Elon say whatever he wants about crypto? It's different when it involves his own stock.
People don't have to listen to him.
Quote:
Originally Posted by dino7c
Crypto aside that guy has waaaay to much power
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Wish your teachers had more power over you.
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The Following User Says Thank You to zamler For This Useful Post:
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05-13-2021, 12:29 PM
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#1490
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Franchise Player
Join Date: Jan 2010
Location: east van
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Quote:
Originally Posted by zamler
Why can't Elon say whatever he wants about crypto? It's different when it involves his own stock.
People don't have to listen to him.
Wish your teachers had more power over you.
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It's all blatant penny stock manipulation, I have no idea if it's legal but its morally indefensible
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05-13-2021, 12:32 PM
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#1491
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Lifetime Suspension
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Quote:
Originally Posted by afc wimbledon
It's all blatant penny stock manipulation, I have no idea if it's legal but its morally indefensible
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What about when Elon says something and crypto goes up? Is that okay? Morally indefensible lol someone think of those poor children. Space man baaaaaaaaaaaaaaaaaaaad call the feels police.
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05-13-2021, 12:40 PM
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#1492
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Franchise Player
Join Date: Jan 2010
Location: east van
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Quote:
Originally Posted by zamler
What about when Elon says something and crypto goes up? Is that okay? Morally indefensible lol someone think of those poor children. Space man baaaaaaaaaaaaaaaaaaaad call the feels police.
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The part that is bad is him pushing up the price, that's how a pump and dump works, hence the name 'pump'
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05-13-2021, 12:44 PM
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#1493
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Lifetime Suspension
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Quote:
Originally Posted by afc wimbledon
The part that is bad is him pushing up the price, that's how a pump and dump works, hence the name 'pump'
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What's your solution to this.
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05-13-2021, 12:53 PM
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#1494
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Franchise Player
Join Date: Jan 2010
Location: east van
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Quote:
Originally Posted by zamler
What's your solution to this.
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I don't have one, it's just all as shysty as a mofo, all of it
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05-13-2021, 01:52 PM
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#1495
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Powerplay Quarterback
Join Date: Sep 2011
Location: Calgary
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Quote:
Originally Posted by afc wimbledon
I don't have one, it's just all as shysty as a mofo, all of it
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With crypto prices you have to take the good with the bad as it's more of a pure market with a much lower bar for entry than the nyse for example. So its a bit like the wild west. The difficult to regulate nature is kind of the point which does unfortunately mean shysty stuff like pump and dump ico garbage can happen and often does. But it also means that innovative ideas that solve real problems have a lower bar for entry as well.
I don't care about btc or doge really, I think they are what they are today simply by being the first mover of their sort. I do think they will be here for as long as cryptocurrency is.
I did almost buy doge when it jumped astronomically up to 5 cents back in January then collapsed down to 3 cents, purely out of greed, but figured there was no way such a useless token could go back up to 5 cents or beyond. Even though I missed out I think its cool to see markets in their purest forms.
Slow and steady with ADA for me.
Sent from my SM-G973W using Tapatalk
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The Following User Says Thank You to karl262 For This Useful Post:
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05-13-2021, 02:59 PM
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#1496
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Franchise Player
Join Date: Apr 2004
Location: Calgary
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05-13-2021, 08:13 PM
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#1499
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Franchise Player
Join Date: Jan 2010
Location: east van
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Quote:
Originally Posted by starseed
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This is a surprise? what ever good comes of crypto and blockchain it will only be found after the whole thing has crashed utterly and no one looks on this as an investment in any way, at that point its real practical value may emerge
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The Following User Says Thank You to afc wimbledon For This Useful Post:
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05-13-2021, 10:18 PM
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#1500
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Franchise Player
Join Date: May 2004
Location: Marseilles Of The Prairies
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Quote:
Originally Posted by starseed
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Won't amount to anything because their US operations are done at arm's length via a "local" group out of California and with a crippled site.
__________________
Quote:
Originally Posted by MrMastodonFarm
Settle down there, Temple Grandin.
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