Bitfinex, the Italian network behind the boss that makes Bitcoin tremble

Re:Bitfinex, the Italian network behind the boss that makes ... by phatfish on Thursday February 18, 2021 @09:36AM (#26180197)

I assume the accusation is that Musk has a Twitter account where the tweets get replicated to the business section of most media outlets globally at the moment.

He also has a history of dropping financial information through Twitter (the taking Tesla private tweet). Plus the rabid groupies stacked with Crypto fans.

I'm not sure how tweeting something that pumps the Bitcoin price, and the selling a bunch plays out legally. But he didn't seem too bothered about it in relation to Tesla stock.

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Re:Bitfinex, the Italian network behind the boss that makes ... by yks on Thursday February 18, 2021 @01:19PM (#26183440)

This. Elon cannot manipulate Bitcoin price based on fundamentals (mostly because there are no fundamentals) but he controls the narrative. Every stock or asset he mentions goes up and I am sure he knows how to use it to his own advantage.

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