He could have gotten $260 ZEC if he was quick
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This is just getting embarrassing at this point…
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I dont know what to say… I love and appreciate what Elon is doing with SpaceX - Tesla. However I feel like hes being very reckless with his tweeting and many new traders are going to get hurt in the long run. I know people who used to be friends of mine that would not give me the time of day when I used to talk about crypto. Now they are all calling me and when I tell them to buy Zcash they start asking about DOGE. They dont want to hear me talk about Zcash… the logic is beyond me. Shows the 99% are in it for the money and not the tech. I hope this is not the case with Elon and he truly is just too busy to understand what hes getting involved in here as crypto is a very complex space.
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Agree, I don’t think Elon is malicious with what he says he’s just out of touch with the “normal” folks like us he’s affecting.
With Doge he thinks it’s cool or funny but doesn’t do the homework of what it really is and how it’s built in economics will crush any holder long term. Infinity supply with 14.4M new coins issued every day? It’s just not sustainable supply and demand.
With the Bitcoin debacle I believe it’s another case of the Tesla corporate machine pressuring Elon to walk back a position to try and save face from environmentalist pressure.
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I remember watching him on SNL back in the 90’s, thats goofy lol 
Ya know the energy consumption problem wouldn’t even exist if asics originally ran directly on fossil fuels huh? The coal plant that charged your equivalent-to four S19j’s on wheels is automatically negated because gas bad.
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Here in Alberta the only option I have is natural gas, but we get major slack from the George Soros funded leftists.
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lolooo…I seem to have “feels” for these things. I’m really cheering for much bloodshed…like lots. I hope everyone got out making good money.
it is plausible. Its hard to believe he would ok a large investment like that only to then reverse course. He would have done the research first before investing a large sum in BTC. So it only makes it more strange that he would later walk back his support for BTC because of a reason he would have been well aware of prior to investing in it. Maybe it is corporate pressure to walk it back. But whatever it is, it doesnt seem like we have the whole story. Any criticism he makes about BTC is based on information he would have had access to before investing.
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I’m bowled over
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wow its so cheap rn
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Do you guys think this is the start of a bear market?
I don’t think so yet. If BTC goes below $40k, ETH $3k and ZEC $200 then it might be. If so it is the shortest bull market by far even though most people were predicting an even longer cycle. But I don’t think it is the end yet. It either bounces back and there is a massive final peak or it trends up and down like it has until as late as next spring.
I took some profits for the first time since 2018 just in case to pay off all mining debt and taxes. Luckily the ECC allowed ASIC’s so I switched to ETH mining shortly after. It went up over 1,000% and ZEC only about 350% since then. The other 85% of my holdings will be all profit I will take if the bull market is over. Then I just buy back as much as I sold in 2-3 years and wait for the next cycle.
If it is over you have to wonder if crypto will ever be mainstream if it can’t sustain a bull run with all the good press it has had. One tweet by an eccentric megalomaniac shouldn’t be enough to crash a bull run if it has solid fundamentals behind it.
Most people I follow on YouTube or Twitter say it’s not the end. They say that in order to have an end to a bull run , there must be a blow of top. For sure now , Bitcoin chart certainly doesn’t look like we have a blow of top but the same like you , i got little scared how a single man can manipulate the whole market with some stupid tweets. I also removed all my shitcoins and now the only coin that i haven’t sold anything and keep in my portfolio is Zcash. We haven’t been lucky enough to see a BIG PUMP , а lot of positive news awaits us in the moving months , I only have one concern…if Bitcoin or ETH crash, whatever news we wait for, it will not affect the price in any positive way…Although we see projects like Polygon skyrocketing while bitcoin crashes 35 % … Do you think that can happen to Zcash one day?
He bought the dip
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No, there is no dip, only another chance to buy. Its all accumulation.
Always has been.