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BITCOIN

14647495152344

Comments

  • Prism
    Prism Posts: 3,859 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    edited 19 May 2021 at 6:24PM
    Prism 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...
    Bitcoin to Tesla to Apple - interesting leap but I don't see it.
    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.
    I can't see any connection at all between Apple and Bitcoin. Tesla? Sure since they invested in Bitcoin but thats about it. Most investors couldn't care less what Crypto is doing.
  • HansOndabush
    HansOndabush Posts: 470 Forumite
    100 Posts Name Dropper Photogenic
    edited 19 May 2021 at 7:17PM
    Burry has already shorted Tesla, let's see how that works out.
    Easy for him to say that now..how has is investment in water done for the last 13 years?
    Never trust a seer.
    He's not just saying it, he has done it; I provided the link earlier in this thread. 400M short on Tesla. You do write some strange posts.

  • Burry has already shorted Tesla, let's see how that works out.
    Easy for him to say that now..how has is investment in water done for the last 13 years?
    Never trust a seer.
    He's not just saying it, he has done it; I provided the link earlier in this thread. 400M short on Tesla. You do write some strange posts.

    Sorry, I'd not seen your link to Burry, Hans.
    And since most of your posts concern (shorting) Bitcoin, please post it below.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Burry has already shorted Tesla, let's see how that works out.
    Easy for him to say that now..how has is investment in water done for the last 13 years?
    Never trust a seer.
    He's not just saying it, he has done it; I provided the link earlier in this thread. 400M short on Tesla. You do write some strange posts.

    Sorry, I'd not seen your link to Burry, Hans.
    And since most of your posts concern (shorting) Bitcoin, please post it below.
    Not keeping up with events will result in missed opportunities and lead to costly mistakes.  ;)
  • HansOndabush
    HansOndabush Posts: 470 Forumite
    100 Posts Name Dropper Photogenic
    edited 19 May 2021 at 7:51PM
    Burry has already shorted Tesla, let's see how that works out.
    Easy for him to say that now..how has is investment in water done for the last 13 years?
    Never trust a seer.
    He's not just saying it, he has done it; I provided the link earlier in this thread. 400M short on Tesla. You do write some strange posts.

    Sorry, I'd not seen your link to Burry, Hans.
    And since most of your posts concern (shorting) Bitcoin, please post it below.
    There are plenty if you just google 'Burry shorts Tesla' e.g.
    Very few of my posts concern shorting bitcoin. I am not short bitcoin and would not recommend it. I do think it is worthless but while the cult mania continues it can go to any price.

  • Burry has already shorted Tesla, let's see how that works out.
    Easy for him to say that now..how has is investment in water done for the last 13 years?
    Never trust a seer.
    He's not just saying it, he has done it; I provided the link earlier in this thread. 400M short on Tesla. You do write some strange posts.

    Sorry, I'd not seen your link to Burry, Hans.
    And since most of your posts concern (shorting) Bitcoin, please post it below.
    Not keeping up with events will result in missed opportunities and lead to costly mistakes.  ;)
    Wow, nobody likes an aftertimer, Thrugelmir. 
    Disappointing.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Photogenic Name Dropper First Anniversary
    edited 19 May 2021 at 7:59PM
    Burry has already shorted Tesla, let's see how that works out.
    Easy for him to say that now..how has is investment in water done for the last 13 years?
    Never trust a seer.
    He's not just saying it, he has done it; I provided the link earlier in this thread. 400M short on Tesla. You do write some strange posts.

    Sorry, I'd not seen your link to Burry, Hans.
    And since most of your posts concern (shorting) Bitcoin, please post it below.
    There are plenty if you just google 'Burry shorts Tesla' e.g.
    Very few of my posts concern shorting bitcoin. I am not short bitcoin and would not recommend it. I do think it is worthless but while the cult mania continues it can go to any price.

    This article is from YESTERDAY  
    Don't be guided by a bul***tter who is right once every 13 years. The trouble with those contrarians being they get their customers to cushion the lean times then keep the windfall.
  • thegentleway
    thegentleway Posts: 1,101 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Scottex99 said:
    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.
    Yeah, chilling.

    Asia might crash it again but picked up some nice buys near the lows. Now Elon is tweeting that Tesla has Diamond Hands haha, weirdo
    What else can he tell Tesla investors? The truth is he has gambled with their cash and lost for now.

    Wasn’t the announcement at the start of the year so he’s probably still up...
    Nope. 8th Feb when bitcoin was around $40K; now $34K.  I thought you were an expert on using google as you had lectured me on it? :)
    Oh dear, hope it bounces back for him and Tesla shareholders.
    Sorry I upset you with my google comment.
    No one has ever become poor by giving
  • HansOndabush
    HansOndabush Posts: 470 Forumite
    100 Posts Name Dropper Photogenic
    I'd say Tesla is going down; chart looks bearish.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 19 May 2021 at 9:17PM
    I'd say Tesla is going down; chart looks bearish.
    Money has been switched to VW ( & Porsche) in the past few months. 
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