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Borussia View Drop Down
Jack Charlton
Jack Charlton
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Joined: 14 Oct 2010
Location: UK
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Points: 7501 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Borussia Quote  Post ReplyReply Direct Link To This Post Posted: 23 Feb 2021 at 12:50pm
Originally posted by Jackal Jackal wrote:

Originally posted by McG McG wrote:

Five of my holdings all went off a cliff overnight LOL
Elon Musk said something and then this happened.

Again, something I can't understand. If crypto is the future then how can what one person says have such an impact on all cryptos
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Jackal View Drop Down
Davey Langan
Davey Langan
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Joined: 14 Sep 2019
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Points: 813 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Jackal Quote  Post ReplyReply Direct Link To This Post Posted: 23 Feb 2021 at 1:01pm
Originally posted by Borussia Borussia wrote:

Originally posted by Jackal Jackal wrote:

Originally posted by McG McG wrote:

Five of my holdings all went off a cliff overnight LOL
Elon Musk said something and then this happened.

Again, something I can't understand. If crypto is the future then how can what one person says have such an impact on all cryptos
It's not a currency. It's just like any other stock market gamble. 
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Shedite View Drop Down
Jack Charlton
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Joined: 09 Dec 2011
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Points: 7741 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Shedite Quote  Post ReplyReply Direct Link To This Post Posted: 23 Feb 2021 at 1:23pm
Originally posted by Borussia Borussia wrote:

Originally posted by Jackal Jackal wrote:

Originally posted by McG McG wrote:

Five of my holdings all went off a cliff overnight LOL
Elon Musk said something and then this happened.

Again, something I can't understand. If crypto is the future then how can what one person says have such an impact on all cryptos
He did the same with Tesla share price last year. 

https://www.dw.com/en/tesla-shares-tumble-as-musk-says-companys-stock-is-overvalued/a-53308317
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sausy View Drop Down
Jack Charlton
Jack Charlton
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MAYO FOR SAM

Joined: 13 Jan 2009
Location: The local
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Points: 5934 		Post Options Post Options   Thanks (0) Thanks(0)   Quote sausy Quote  Post ReplyReply Direct Link To This Post Posted: 23 Feb 2021 at 1:31pm
Originally posted by Shedite Shedite wrote:

Originally posted by Borussia Borussia wrote:

Originally posted by Jackal Jackal wrote:

Originally posted by McG McG wrote:

Five of my holdings all went off a cliff overnight LOL
Elon Musk said something and then this happened.

Again, something I can't understand. If crypto is the future then how can what one person says have such an impact on all cryptos
He did the same with Tesla share price last year. 

https://www.dw.com/en/tesla-shares-tumble-as-musk-says-companys-stock-is-overvalued/a-53308317

 
A little different when he comes out and says the stock figure on the balance sheet of his own company is overvalued!
Bimbos Burgers - "Official Sponsor of the Irish Squad"
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Borussia View Drop Down
Jack Charlton
Jack Charlton
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Joined: 14 Oct 2010
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Points: 7501 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Borussia Quote  Post ReplyReply Direct Link To This Post Posted: 23 Feb 2021 at 2:05pm
Originally posted by sausy sausy wrote:

Originally posted by Shedite Shedite wrote:

Originally posted by Borussia Borussia wrote:

Originally posted by Jackal Jackal wrote:

Originally posted by McG McG wrote:

Five of my holdings all went off a cliff overnight LOL
Elon Musk said something and then this happened.

Again, something I can't understand. If crypto is the future then how can what one person says have such an impact on all cryptos
He did the same with Tesla share price last year. 

https://www.dw.com/en/tesla-shares-tumble-as-musk-says-companys-stock-is-overvalued/a-53308317

 
A little different when he comes out and says the stock figure on the balance sheet of his own company is overvalued!

Exactly - It's one thing talking about your own company, it's another to effectively make a comment on an entire industry/sector/however you want to describe it and then the whole sector take a dive. 
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Zinedine Kilbane 110 View Drop Down
Jack Charlton
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Man City records obsession

Joined: 20 Mar 2012
Location: Dundalk
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Points: 8952 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Zinedine Kilbane 110 Quote  Post ReplyReply Direct Link To This Post Posted: 23 Feb 2021 at 2:52pm
Originally posted by Borussia Borussia wrote:

Originally posted by sausy sausy wrote:

Originally posted by Shedite Shedite wrote:

Originally posted by Borussia Borussia wrote:

Originally posted by Jackal Jackal wrote:

Originally posted by McG McG wrote:

Five of my holdings all went off a cliff overnight LOL
Elon Musk said something and then this happened.

Again, something I can't understand. If crypto is the future then how can what one person says have such an impact on all cryptos
He did the same with Tesla share price last year. 

https://www.dw.com/en/tesla-shares-tumble-as-musk-says-companys-stock-is-overvalued/a-53308317

 
A little different when he comes out and says the stock figure on the balance sheet of his own company is overvalued!

Exactly - It's one thing talking about your own company, it's another to effectively make a comment on an entire industry/sector/however you want to describe it and then the whole sector take a dive. 

It’s wasn’t just his tweet, the whole market is down today.
A lot of high growth stocks are down 5-15% in the last few hours.

It’s just wiping out the gains of the last 1-2 months. It’s not a crash.


Edited by Zinedine Kilbane 110 - 23 Feb 2021 at 2:52pm

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Il Principe View Drop Down
Davey Langan
Davey Langan
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Joined: 30 Mar 2012
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Points: 876 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Il Principe Quote  Post ReplyReply Direct Link To This Post Posted: 23 Feb 2021 at 3:36pm
Originally posted by Zinedine Kilbane 110 Zinedine Kilbane 110 wrote:

Originally posted by Borussia Borussia wrote:

Originally posted by sausy sausy wrote:

Originally posted by Shedite Shedite wrote:

Originally posted by Borussia Borussia wrote:

Originally posted by Jackal Jackal wrote:

Originally posted by McG McG wrote:

Five of my holdings all went off a cliff overnight LOL
Elon Musk said something and then this happened.

Again, something I can't understand. If crypto is the future then how can what one person says have such an impact on all cryptos
He did the same with Tesla share price last year. 

https://www.dw.com/en/tesla-shares-tumble-as-musk-says-companys-stock-is-overvalued/a-53308317

 
A little different when he comes out and says the stock figure on the balance sheet of his own company is overvalued!

Exactly - It's one thing talking about your own company, it's another to effectively make a comment on an entire industry/sector/however you want to describe it and then the whole sector take a dive. 

It’s wasn’t just his tweet, the whole market is down today.
A lot of high growth stocks are down 5-15% in the last few hours.

It’s just wiping out the gains of the last 1-2 months. It’s not a crash.

people are taking profits, it happens Wink
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cardwizzard View Drop Down
Davey Langan
Davey Langan


Joined: 05 Feb 2013
Location: Meath
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Points: 923 		Post Options Post Options   Thanks (0) Thanks(0)   Quote cardwizzard Quote  Post ReplyReply Direct Link To This Post Posted: 27 Feb 2021 at 6:29pm
cardano on an absolute tear Clap
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Flanno7hi View Drop Down
Liam Brady
Liam Brady
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Joined: 26 Jul 2010
Location: Chester
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Points: 2533 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Flanno7hi Quote  Post ReplyReply Direct Link To This Post Posted: 27 Feb 2021 at 7:20pm
Originally posted by cardwizzard cardwizzard wrote:

cardano on an absolute tear Clap
 
Delighted it's on the way. Sad it's before I have enough. 
Our City. Our Community. Our Club
IG @flanno_7hi
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