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BITCOIN
Comments
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Musk is to rich to care. His shareholders might not feel as relaxed. Given that none of the operating divisions of Tesla are as yet profitable.thegentleway said:
Wasn’t the announcement at the start of the year so he’s probably still up...HansOndabush said:
What else can he tell Tesla investors? The truth is he has gambled with their cash and lost for now.Scottex99 said:
Yeah, chilling.TimSynths said:Well that was a bit brutal! I've been through this before and its never nice but i'm not as panicked as I was the first time.
Asia might crash it again but picked up some nice buys near the lows. Now Elon is tweeting that Tesla has Diamond Hands haha, weirdo0 -
You have to think that Bitcoin could collapse very quickly.
A trillion $ proposition reduced to its vestigial worth.
What would be the upshot? Well $900 billion wiped off the investor balance sheet won't help market sentiment. Next target Tesla.
After that, maybe Apple. But Apple would be far more resilient: providing all the things for an investor that Bitcoin lack: revenue, big data, share-buyback, dividends etc...1 -
Bitcoin to Tesla to Apple - interesting leap but I don't see it.ZingPowZing said:You have to think that Bitcoin could collapse very quickly.
A trillion $ proposition reduced to its vestigial worth.
What would be the upshot? Well $900 billion wiped off the investor balance sheet won't help market sentiment. Next target Tesla.
After that, maybe Apple. But Apple would be far more resilient: providing all the things for an investor that Bitcoin lack: revenue, big data, share-buyback, dividends etc...2 -
$40k again, Asia come in and pump it and its all gravy baby2
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Lead indicator of mkt sentiment is Bitcoin, followed (literally) by Tesla, followed by Aapl, followed by the rest, in ever more shallow gradations. So, I wouldn't be too worried about the price of a staid and stolid investment but would look to what Bitcoin is doing for direction, nine times out of ten it will be correct.Prism said:
Bitcoin to Tesla to Apple - interesting leap but I don't see it.ZingPowZing said:You have to think that Bitcoin could collapse very quickly.
A trillion $ proposition reduced to its vestigial worth.
What would be the upshot? Well $900 billion wiped off the investor balance sheet won't help market sentiment. Next target Tesla.
After that, maybe Apple. But Apple would be far more resilient: providing all the things for an investor that Bitcoin lack: revenue, big data, share-buyback, dividends etc...0 -
Burry has already shorted Tesla, let's see how that works out.
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Easy for him to say that now..how has is investment in water done for the last 13 years?HansOndabush said:Burry has already shorted Tesla, let's see how that works out.
Never trust a seer.0 -
Sensible investors will happily let Tesla run it's own course. As not an investable stock on current metrics. May have modelled itself on Apple's successful strategy but is in a very different market. That it's somewhat unlikely to dominate.ZingPowZing said:
Lead indicator of mkt sentiment is Bitcoin, followed (literally) by Tesla, followed by Aapl, followed by the rest, in ever more shallow gradations. So, I wouldn't be too worried about the price of a staid and stolid investment but would look to what Bitcoin is doing for direction, nine times out of ten it will be correct.Prism said:
Bitcoin to Tesla to Apple - interesting leap but I don't see it.ZingPowZing said:You have to think that Bitcoin could collapse very quickly.
A trillion $ proposition reduced to its vestigial worth.
What would be the upshot? Well $900 billion wiped off the investor balance sheet won't help market sentiment. Next target Tesla.
After that, maybe Apple. But Apple would be far more resilient: providing all the things for an investor that Bitcoin lack: revenue, big data, share-buyback, dividends etc...0 -
You have an agenda Thrugelmir: you missed the ride on Bitcoin, you missed the ride on Tesla and you missed the ride on Apple for at least the last ten years. Naturally you hope they will fall. But you will never get back the opportunities you have missed.Thrugelmir said:
Sensible investors will happily let Tesla run it's own course. As not an investable stock on current metrics. May have modelled itself on Apple's successful strategy but is in a very different market. That it's somewhat unlikely to dominate.ZingPowZing said:
Lead indicator of mkt sentiment is Bitcoin, followed (literally) by Tesla, followed by Aapl, followed by the rest, in ever more shallow gradations. So, I wouldn't be too worried about the price of a staid and stolid investment but would look to what Bitcoin is doing for direction, nine times out of ten it will be correct.Prism said:
Bitcoin to Tesla to Apple - interesting leap but I don't see it.ZingPowZing said:You have to think that Bitcoin could collapse very quickly.
A trillion $ proposition reduced to its vestigial worth.
What would be the upshot? Well $900 billion wiped off the investor balance sheet won't help market sentiment. Next target Tesla.
After that, maybe Apple. But Apple would be far more resilient: providing all the things for an investor that Bitcoin lack: revenue, big data, share-buyback, dividends etc...0 -
Well, I logged into my Coinbase account today to see if it was worth spending the 77 Euro I have in there on Bitcoin given the massive fall in value and, lo and behold, my account is in a review and I can't do anything with it! Funny that!Oh well, I guess I missed the boat again! Dooohhh!If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.0
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