Paracelsus
Active Member
Great correlation. One falls 11% the other 0.5%. The bitcoin speculators really are desperate to find any kind of connection to real companies. If you think TeslaQ people are ridiculous it's nothing compared to the ones pumping bitcoin.
"If you think TeslaQ people are ridiculous it's nothing compared to the ones pumping bitcoin."...........................
Respectfully, that list of people 'pumping' crypto includes Cathy Wood whose ARKK fund include crypto, and Chamath Palihapitiya - who recently tweeted that when $BTC gets to $150k he would "buy The Hamptons and convert it to sleepaway camps for kids, working farms, and low cost housing." Cathy and Chamath are literally the antithesis of TeslaQ as they have contributed much to TSLA's share price rise in the last couple years. As a long time TSLA Long, I have come to expect fake news from any source, from either side of the aisle, and on either side of any investment. Could you please help me understand what you think Chamath and Cathy are overlooking with their very sizeable crypto investments and their extremely bullish sentiment with crypto in general? I have taken profits from TSLA in the past and rolled some into ARKK so I am sincerely interested in a view I may be missing as well.
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