Lol that article you posted is like 3 months old. Im talking last 36 hrs.
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asiagambler
SBR Hall of Famer
07-23-17
6831
#5
People like Musk with huge followings absolutely have an effect. 99% of crypto is pump and dump.
I remember when someone hacked John McAfee's twitter account and started shilling random coins. It was funny to watch them instantly pump even after it was obvious he was hacked
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HurryUpAndDrink
SBR Posting Legend
08-23-13
13017
#6
Originally posted by asiagambler
People like Musk with huge followings absolutely have an effect. 99% of crypto is pump and dump.
I remember when someone hacked John McAfee's twitter account and started shilling random coins. It was funny to watch them instantly pump even after it was obvious he was hacked
+1 yeah I remember that too, John is awesome, I chatted with him once on Instagram, mainly about the Libertarian party
Comment
RonPaul2008
SBR Hall of Famer
06-08-07
6741
#7
Originally posted by HurryUpAndDrink
Lol that article you posted is like 3 months old. Im talking last 36 hrs.
My bad, it was Ripple that was recently accounced.
The SEC gave him a reprieve. 20 million fine the first time.
Comment
HurryUpAndDrink
SBR Posting Legend
08-23-13
13017
#9
Originally posted by Bostongambler
The SEC gave him a reprieve. 20 million fine the first time.
yep, from my article above:
Issues with the Securities & Exchange Commission
The Tweet comes at a time of celebration as Musk and federal regulators agreed to amend a settlement deal approved last October that required oversight of Musk’s social media use. The updated deal outlines a slew of topics regarding Tesla that Musk cannot tweet about until he obtains pre-approval from an “experienced securities lawyer.”
The problems between the SEC and Musk escalated after the latter twitted a joke about the price of Tesla being rounded up to $420.
“This calculation resulted in a price of $419. Musk stated that he rounded the price up to $420 because he had recently learned about the number’s significance in marijuana culture. He thought his girlfriend would find it funny, which admittedly is not a great reason to pick a price.'”