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Lebronwon 02/22/21 7:29:51 PM #1: |
https://www.bnnbloomberg.ca/elon-musk-loses-15-billion-in-a-day-after-bitcoin-warning-1.1567166
Elon Musk is no longer the worlds richest person after Tesla Inc. shares slid 8.6 per cent on Monday, wiping US$15.2 billion from his net worth. Teslas decline was fueled in part by Musks comments over the weekend that the prices of Bitcoin and smaller rival Ether do seem high. His message -- via his favored medium of Twitter -- came two weeks after Tesla announced it has added US$1.5 billion in Bitcoin to its balance sheet. Musk also tweeted earlier Monday that the companys Model Y Standard Range SUV would still be available off the menu, backing up reports from electric vehicle news site Electrek that the model had been removed from its online configurator. Musk drops to second on the Bloomberg Billionaires Index of the worlds 500 richest people with a net worth of US$183.4 billion. Amazon.com Inc. founder Jeff Bezos reclaimed the top spot even as his fortune fell by US$3.7 billion to US$186.3 billion. --- Not 1, not 2, not 3, not 4, not 5, not 6, not 7 ... Copied to Clipboard!
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Goatslapper 02/22/21 7:32:48 PM #2: |
imagine being so powerful you cause an economic black hole to form when you say something dumb lol flygon
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Prismsblade 02/22/21 7:33:26 PM #3: |
He hasn't lost anything until he sold.
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PrettyBoyFloyd 02/22/21 7:34:52 PM #4: |
Isn't that like him losing $15?
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Sariana21 02/22/21 7:43:14 PM #5: |
Think he cares?
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dj1200 02/22/21 8:03:13 PM #6: |
Hes the richest man alive. He doesnt gaf. He is literally made of money.
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__aCEr__ 02/22/21 8:06:13 PM #7: |
He smiled quite Bezosly.
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Arcanine2009 02/22/21 8:06:17 PM #8: |
dumbass for investing 1.5 Billion in bitcoin and saying that. I lost 3 thousand today for this
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Darmik 02/22/21 8:08:07 PM #9: |
dj1200 posted...
Hes the richest man alive. He doesnt gaf. He is literally made of money. Lebronwon posted... Elon Musk is no longer the worlds richest person I know it doesn't matter but I couldn't help it lol --- Kind Regards, Darmik ... Copied to Clipboard!
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Trumpo 02/23/21 8:33:08 PM #10: |
Bitcoin almost back to 50k
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#11 | Post #11 was unavailable or deleted. |
pikachupwnage 02/23/21 9:23:20 PM #12: |
He really loves wrecking his and his shareholders wealth doesnt he?
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Orlando_Jordan 02/24/21 6:55:20 PM #14: |
Plot twist: Hes not actually smart. He was just born rich.
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onedarksoul 02/24/21 6:59:28 PM #15: |
metallica846 posted...
How do we know he didnt say that to lower Bitcoin and buy more?That was my first thought. Then I thought, why would TSLA need bitcoin as a means of finance? --- Finish a game? Add it to our list! Beat 1,000 games: https://gamefaqs.gamespot.com/boards/213-nonstop-gaming-general/79298294 ... Copied to Clipboard!
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MushroomMuncher 02/24/21 7:00:28 PM #16: |
I still can't believe the richest man on this planet is a shitposter
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samurai bandit 02/24/21 7:29:55 PM #18: |
metallica846 posted...
How do we know he didnt say that to lower Bitcoin and buy more? Thats what he did with Doge and BTC --- Go and watch Ef ~ A tale of memories now! ... Copied to Clipboard!
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#19 | Post #19 was unavailable or deleted. |
Krojen 02/25/21 1:10:34 AM #20: |
This had nothing to do with the broad tech growth stock sell off which Tesla is obviously part of.
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Krojen 02/25/21 1:12:50 AM #21: |
pikachupwnage posted...
He really loves wrecking his and his shareholders wealth doesnt he?The stock is up 2,000% in like 18 months lol --- ... Copied to Clipboard!
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MisterPengy 02/25/21 1:15:57 AM #22: |
Orlando_Jordan posted...
Plot twist: Hes not actually smart. He was just born rich. From what I remember reading, which I have zero source or proof of, is that he was left money from a wealthy family member. But he also had a rough/abusive childhood, which is why he's...odd. --- Bosses are immune to the eat command so it won't be possible to end the final boss fight of the game by eating it. -VeghEsther ... Copied to Clipboard!
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Krojen 02/25/21 1:18:14 AM #23: |
onedarksoul posted...
That was my first thought. Then I thought, why would TSLA need bitcoin as a means of finance?Cash only goes down in value. So Tesla joined the growing list of companies that are converting a little cash into Bitcoin for this reason. --- ... Copied to Clipboard!
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apolloooo 02/25/21 1:20:47 AM #24: |
He doesn't care. He's just flexing on you peasants, especially those who lost money actually affect their life. Like he's so rich and influential a tweet can affect prices like that and since crypto doesn't have regulation or whatever he can manipulate prices as he wants and he's just doing it for the lulz and laughing at people whose life actually affected by that.
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pure_temper 02/25/21 1:23:50 AM #25: |
apolloooo posted...
He doesn't care. He's just flexing on you peasants, especially those who lost money actually affect their life. Like he's so rich and influential a tweet can affect prices like that and since crypto doesn't have regulation or whatever he can manipulate prices as he wants and he's just doing it for the lulz and laughing at people whose life actually affected by that. he is trying to lower the price so more people have a chance to buy it. and that's also why he's telegraphing Dogecoin. he does want Dogecoin to be a real thing. accepted as payment for Tesla autonomous driving/charging, Starlink, etc. you'll see. so he's telegraphing these moves to anyone who is paying attention. as a hint of what to do. --- proudclad LAYIN DOWN THE SMACK - Error1355 Christian Marxism actually makes sense. (Islamic, Buddhist, Hindu, etc too!) ... Copied to Clipboard!
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Robot2600 02/25/21 1:31:41 AM #26: |
pure_temper posted...
he is trying to lower the price so more people have a chance to buy it. and that's also why he's telegraphing Dogecoin. he does want Dogecoin to be a real thing. accepted as payment for Tesla autonomous driving/charging, Starlink, etc. you'll see. agree. he's basically saying dogecoin is 5-6 cents. if it goes up to 25, thats more than youll ever make from btc in the next decade. much better to be sitting on much doge when it really explodes one day. ... Copied to Clipboard!
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pure_temper 02/25/21 2:19:26 AM #27: |
Robot2600 posted...
agree. he's basically saying dogecoin is 5-6 cents. if it goes up to 25, thats more than youll ever make from btc in the next decade. yes. And at the scale of what his companies will do on moon and mars, being able to use doge because its a meme and he loves memes...would give it a market cap considerably larger than what BTCs currently is. that being said BTC isnt going anywhere. It may just slow down a bit relative to doge --- proudclad LAYIN DOWN THE SMACK - Error1355 Christian Marxism actually makes sense. (Islamic, Buddhist, Hindu, etc too!) ... Copied to Clipboard!
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