r/Bitcoin

2021-05-15 16:37:44 Core Scientific CEO Fires Back at Musk on Bitcoin Mining




https://redd.it/ncx3qk
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2021-05-15 15:37:45 I smell something fishy

What’s going on with the recent attack of Bitcoin? Elon musk says Tesla will be accepting it as payment but later comes out and claims it’s leaving to big of a carbon footprint? All while selling cars charged by the grid.... I’m seeing study’s conducted by banks claiming “Bitcoin is using 66% more electricity than it did in 2015”. Reminds me a lot like big tobacco and their studies finding tobacco doesn’t cause cancer. What’s going on here?

https://redd.it/ncu4nm
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2021-05-15 14:37:28 Elon Musk sold 1 billion $ of #Bitcoin before his tweet

Let us first cover the elephant in the room: the Elon dump. Firstly, there were 19,259 BTC moved onto exchanges before Elon’s tweet and ensuing price dump. I do not think this is coincidence and was likely someone with insider information.

Elon’s tweet regarding the energy use of Bitcoin at 6:06PM EST initiated a cascade of long liquidations, including $208M within a 10-minute period. This cascade of liquidations is why the price dump down to $46,000 was so aggressive.

It’s very interesting to see inflows to exchanges (presumed selling) spike in the time before the tweet, followed by net outflows ramping up after the event. This data makes a strong case for someone having insider information. Would be quite a coincidence to say the least.

Read more at https://pomp.substack.com/p/what-happened-to-bitcoin-when-elon

https://redd.it/ncv97t
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2021-05-15 13:37:37 We Bitcoiners.
https://www.reddit.com/gallery/ncv02v

https://redd.it/ncv02v
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2021-05-15 12:37:29 Proof of Work will push through
https://medium.com/@factchecker9000/nothing-is-worse-than-proof-of-stake-e70b12b988ca

https://redd.it/ncql8b
@r_bitcoin Open / Comment

2021-05-15 11:37:43 Hungary Plans 50% Tax Cut on Crypto Earnings to Encourage Disclosure
https://www.guardianmag.press/2021/05/hungary-plans-50-tax-cut-on-crypto.html

https://redd.it/ncsxxf
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2021-05-15 10:37:40 Bitcoin now runs on 74% renewable electricity

https://moneyweek.com/investments/alternative-finance/bitcoin/602678/bitcoin-energy-consumption

https://redd.it/ncsmj3
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2021-05-15 09:37:24 Jack Dorsey Says Bitcoin Changes Everything ‘For the Better’
https://www.bloomberg.com/news/articles/2021-05-14/jack-dorsey-says-bitcoin-changes-everything-for-the-better

https://redd.it/ncrbw9
@r_bitcoin Open / Comment

2021-05-15 08:37:44 Daily Discussion, May 15, 2021

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https://redd.it/ncr8h5
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2021-05-15 07:37:42 BlockFi accidentally sent me 3.3 Million In BTC..For Real
https://www.reddit.com/gallery/ncpp05

https://redd.it/ncpp05
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