[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 152 KB, 1400x1400, 1206292068.jpg.jpg [View same] [iqdb] [saucenao] [google]
28330982 No.28330982 [Reply] [Original]

Don't you guys see what this cunt has done? The correlation between BTC and TSLA is now over 0.8

Now our market is basically coupled to the stock market.
Whenever the SPY goes down, TSLA will go down, BTC will go down, and alts will go down

He literally, single handled by ruined the market

>> No.28331136

>>28330982
miners control the price of BTC dumb ass.

>> No.28331161

Think so?

>> No.28331301
File: 17 KB, 354x286, apuheadphones.jpg [View same] [iqdb] [saucenao] [google]
28331301

>>28330982
who let the doge out?

>> No.28331388

>>28330982
doge

>> No.28331420

>>28331136
You are so fucking stupid

>> No.28331607

>>28330982
No. Stop freaking out everybody knew something like that was coming.
>>28331420
In a way, he's right you know

>> No.28331744

>>28331420
What do you think will happen when miners dump their pools?

>> No.28331748

>>28330982
I've often wondered how one or a company would store 1.5bn worth of BTC?

>> No.28331881

>>28331748
On paper no doubt

>> No.28331942

>>28331748
funds are safu

>> No.28332935

>>28331881
Imagine a fire or some other retarded event, like some faggot on the floor above clogs the shiter with tampons and floods the safe room.

>> No.28333163

>>28330982
Thanks I just bought more BTC and TSLA

>> No.28333722

>>28330982
These are the end times and musk is the antichrist, the days of Tesla implants and strictly controlled digital currency aren’t far off and anyone refusing will be segregated.

>> No.28333834

>>28331748
They would have developed some kind of protocol to do it. I imagine they generate an address, backup the private keys by laser engraving it into some steel along with the public address and the amount on it, and store them deep in an underground vault. Maybe each of these would hold 100 BTC

That's what I'd do anyway, but I'm sure there's guys in the industry by now who have experience working with large amounts like Binance and Coinbase they could hire for consulting