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Well, I thought today went rather well on both sides of the Atlantic, all things considered.
The SP, a nice (topical) PR video release from PW, and thanks to other posters, I’ve also learnt that “twat” doesn’t get filtered on here. All in all, good.
I wonder if he has any btc left..... he’s caused it to go 55 ish to 42 ish. That’s pretty incredible.... I think he bought at 33k? Announced his purchase when btc was at 42k and went over 60k. Whether we like it or not he wields quite a lot of force over pricing. I would be surprised if he still owns btc with the way he’s been talking last 24 hours on Twitter. They have been sone expensive tweetsif he’s HODL.
Best idea is to simply ignore Musk Rat. BTC (and the Crypto market) is much bigger than him and Tesla; which weirdly can't seem to fail no matter how much money it loses. The sheeple shrug their shoulders and claim "dunno" when it is clear this is a company SELECTED to take certain technologies forward and they seem to think eccentric weirdo Musk still has the PR gravitas to do that. He's either lost the plot and gone off piste or following orders so that the big players continue to hoover up as much BTC as possible. Either way the latter will be happening and I see this a great buying opportunity. The strategy remains the same; cost dollar average and HODL and ignore the noise from man-child Musk. In a free market unmanipulated economy the Tesla board should be thinking about sacking him given their recent investment in BTC. He also needs to consider the SEC when not long ago he manipulated the market by claiming Tesla was going to go private and they'd secured the funds to do so thus burning lots of shorts. A complete lie. The fact nothing happened tells you all you need to know. His worst fear is irrelevance so that should be the response.
Adele K - my point exactly. Argo is currently primarily a Bitcoin miner for all intensive purposes in spite of the seeds of diversification. Hence, the price is depressed by Bitcoin’s recent slump orchestrated by Elon.... King of the *****es.
Elon is no twat. Like Mr Microsoft, Mr Facebook, Mr Amazon, etc etc, they make up global influences called the Mr Men. Imagine a post on Facebook, reference a household item, that was derogatory? Would Amazon sell it?
See the power these people potentially have. I'm not saying it's right, but it is true.
He’s a twat
Elon is a very clever person. He knows that he has the power , with the help of social media, to manipulate the markets with one tweet. I am convinced he has sold his Bitcoin holding in Tesla and will be trashing it to a point then he will buy back in at a much lower point. This will boost profits in Tesla and help pay for his Space X pet project. He has found a way of backing a horse that cannot lose however he can only do it a few times before everyone catches on . I am sure Trump used to do the same thing when he was in power. He is day trading!
Elon is just a puppet on the big stage that is run by dark forces...
SpaceX is about as real as the Moon landings and run by NASA (Not A Space Agency) Tesla Car is Space lol
I have a special offer on Tin Foil Hats if anyone is interested :-)
@djwall1s That's true, but just like a producer of copper or gold will find their SP's impacted by the prices of copper or gold, a blockchain miner / investor (even when the are intelligently diversified) will be impacted by the price fluctuations of (one of) their main revenue stream(s).
ARB is not the same as bitcoin, but the trouble is that until ARB establishes a finite identity it'll be lumped in by the lazies.
It has to really push its separate credentials. The whole crypto arena seems to be being puppeteer by Elon Musk and it's got beyond ridiculous. Even on here, people have excitedly been basing their strategy on his tweets, assuming it's going to be an uphill curve.
I don't think the man is wholly genuine or all there at times. He's cold.
Monkfish you are talking nonesense. Argo is not a Bitcoin exchange or company. It is a blockchain technology company involved in several areas of DeFi and a multitude of crpto mining. It is not exclusively a BTC miner. Peter Wall made that very clear - Argo is agnostic and will look at several cryptos for mining. For now, it is well positioned as a leader in green crypto mining which is where it currently shines amongst its peers.
@monkfish zzzzzzzzzzzzzzzz
This has been shafted again on a Monday. How frustrating for all holders after a semi-recovery at the end of last week. It’s another opportunity to top up for those with access to more funds but Argo is being shown to be very fragile. In spite of strong leadership, it’s SP will ultimately always be tied to Bitcoin performance and sadly Elon’s tweets have aptly demonstrated its ridiculous volatility. Bitcoin has always been an exercise in exaggerated crowd behaviour. Therefore Argo as a stock is affected by crowd behaviour twofold. I will be very happy if it reaches £2 in the next year tbh
He has Asperger's and an IQ of 150+. Says a lot.
Elon reminds me of Trump in so many ways. A dangerous psyhopath with an inflated ego...hopefully he will end up the same way
Musk needs to be a bit careful, there are a lot of crazies over there and all it would take is one of them to lose their money while he plays his games and it could get ugly.
Keep in mind Tesla only just made profit in Q1 thanks to the appreciation in the $1.5bn BTC they were holding. From $44k to $64k is 45%. I would not be surprised he is encouraging a BTC dip to buy into. Don’t like the fellow one but because of his manipulation in markets, both ramping and deramping. It’s interference.
so BTC is not regulated, EM or anyone can do and say what they like
Fly with the crows get shot with the crows
For those unfamiliar, google the acronym ztfo.
What EM is doing now, what btc is doing now, and certainly what a handful of trolls say on here means absolutely nothing, zero.
This board is for ARB, not btc or EM. You should not give 2 sh*ts about anything other than what Argo is doing and as a Company they are going about there business very nicely indeed. Just chill for goodness sakes, all is well.
Hate campaign, sounds like he has bit of more than he can chew, let’s hope his battle with Bitcoin teaches him a right lesson.
I’m amazed he’s replying to the stick he’s getting from individual responses. He appears very upset and throwing his toys. He’s coming across a like right t-i-t. A powerful t-i-t; but a t-i-t, nevertheless.
You never know, EM might just have done us all a big favour, it’s been mentioned for weeks that BTC needed a retrace to around $43k to instigate the next bull push, this might just get there.
Silver linings and all that, let’s just see how this plays out, it’s a marathon not a sprint.
Elon, will be loading up. You don’t have to be a rocket scientist to realise what is happening.
He's deramping the crap out of btc on twitter, hinting Tesla might sell the remaining btc because all the hate he's been getting, what an egotistical prick
Hopefully he has sold off, he’s more trouble than he’s worth.