[d4ggm4sk]

Elon backtracked, stating Tesla would scrap its plans to accept BTC. The currency dipped below $50k yesterday, in what one could interpret as price manipulation. One could say it's a move of hypocrisy, as the damage is already done. In February it was already common knowledge that ~75% of BTC is mined in China. For an "climate friendly" company, promoting the currency was a silly move.


Read More: https://www.bbc.com/news/business-57096305

This is actually quite big news.
I mean, did he just do that because he flip-flopped and changed his mind? Or was it intentional and planned?
Or was it some form of market manipulation? Even a secret powermove and conspiracy to decrease bitcoin?

Personally, as a former owner of bitcoin, I can see how big price drop this is, and how this is going to affect him.
The first hacking related shit i learned when I started with it was cryptography and how to encrypt messages.
I used cryptography to buy drugs, but it almost ruined my life, Im so sick of cryptography, and I think its pretty lame tbh.
Im more into cracking/SQL/botnetting/remote access trojaning, etc.
So I just wanna get rid of those shitty bitcoins, they are C-A-N-C-E-R.

But yeah, this is not going to affect elon musk very well. Imagine increasing peoples hope like that,
just to cancel it and drop the price by 50%. This means that every bitcoin guy, every crypto guy,
every stock market investor that have maybe put millions of dollars into bitcoin, are going to see their market revenue drop by 50%.

Not all crypto guys are dangerous people, but some of them are. There are even darknet sites for crypto
that hire assassins and put prices on peoples heads if they have an interest against them.
So I actually think that Mr. Musk really shit in the blue  locker here, he is in a very tight spot and this could even mean life-threatening danger.

:O

What's weird, is 1) we're assuming this was solely an Elon Mush decision, we don't know that, and 2) that he isn't making others happy by boosting other currencies like that joke dogecoin.

Its definately a powermove. but what Im thinking is, he gave people so much hope,
and then snatched it away from them while they just had invested their cash.