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Topic: Elon Musk Reveals How much Bitcoins he Hold - page 2. (Read 526 times)

hero member
Activity: 1778
Merit: 722
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Considering he believes in Tesla much more than Bitcoin. Yes, we must accept what he said.
But, after all these, In my own idea Bitcoin and any other crypto currency is made to protect your fund's privacy. So, maybe we can't expect anyone to show up his real wallet where he is holding all his bitcoins.
Generally, as I said, I think he said the truth.
legendary
Activity: 1414
Merit: 1039
There is nothing wrong here! It's his personal choice not to hold Bitcoin! Most of the famous billionaire doesn’t hold much Bitcoin, maybe their thoughts are different, I am not surprised at all! Recently J.K. Rowling tweeted her curious about Bitcoin and later she received some awful comment, after that, I don't think she will buy Bitcoin now, maybe later! So, it's normal, not surprising news.
But maybe Elon Musk is just tripping where he is not telling the truth after all. It will cause a massive hype all over the internet if he will reveal the true numbers of the bitcoin he holds. I'm sure that he is now also accumulating bitcoin, he is a billionaire after all and I know that his tweet is not true.

Observe the tweets of Elon Musk, he is talking about bitcoin in the past weeks and months. I know what Binance said was true, expect a billionaire like him that he also holds a lot of bitcoin.


He also tweeted about getting rid of most of his possessions including his houses. What benefit does he get from lying about how much BTC he holds? He has been seen in the past as one of the most provokative CEOs, tweeting about tesla stock whenever he wants which ends up changing the price like crazy. Tesla is known as an extremely volatile stock partially because of Elon himself.

He has no reason to care about Bitcoin. He founded X.com to make online banking a thing so we know he likes to focus on security within payments. I don't find it far-fetched if he actually only owns .25 BTC, his money is probably invested in other areas.
sr. member
Activity: 924
Merit: 275
There is nothing wrong here! It's his personal choice not to hold Bitcoin! Most of the famous billionaire doesn’t hold much Bitcoin, maybe their thoughts are different, I am not surprised at all! Recently J.K. Rowling tweeted her curious about Bitcoin and later she received some awful comment, after that, I don't think she will buy Bitcoin now, maybe later! So, it's normal, not surprising news.
But maybe Elon Musk is just tripping where he is not telling the truth after all. It will cause a massive hype all over the internet if he will reveal the true numbers of the bitcoin he holds. I'm sure that he is now also accumulating bitcoin, he is a billionaire after all and I know that his tweet is not true.

Observe the tweets of Elon Musk, he is talking about bitcoin in the past weeks and months. I know what Binance said was true, expect a billionaire like him that he also holds a lot of bitcoin.
sr. member
Activity: 1400
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Yes if JK rowling haven't asked a question "What's Bitcoin" then popular personalities such as Elon Musk wouldn't come out and probably Musk's explanation was the simplest to understand, other answer we're not noob friendly and extremely complicated.
full member
Activity: 406
Merit: 104
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There is nothing wrong here! It's his personal choice not to hold Bitcoin! Most of the famous billionaire doesn’t hold much Bitcoin, maybe their thoughts are different, I am not surprised at all! Recently J.K. Rowling tweeted her curious about Bitcoin and later she received some awful comment, after that, I don't think she will buy Bitcoin now, maybe later! So, it's normal, not surprising news.
hero member
Activity: 2268
Merit: 588
You own the pen

Do you guys realy think a 40$ Billion Networth Guy Hold only 0.25BTC?


These guys have something that we normal people don't. they can see something that will probably make aa lot of sense when they do their things like for example this one. This may be a dumb move because we know how much he could possibly earn if he invests a lot than that. but due to this person doing their own way of investing, we cannot tell that he's doing nonsense. in fact this month get to where he is by doing the things he wants. he might be just kidding when it comes to bitcoin because no matter what happens with it, there's nothing to be lost when his investment failed but seriously guys, we can learn something about this revelation the wisdom behind it might help us to understand the billionaire's perspective.  
sr. member
Activity: 1297
Merit: 294
''Vincit qui se vincit''
Maybe he is not hyping now for the purpose of buying in low price.
copper member
Activity: 2142
Merit: 1305
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Do you guys realy think a 40$ Billion Networth Guy Hold only 0.25BTC?
And that doesnt mean he has 40$B of cash or anything he's on hold, that why it called net worth.

By saying he has x amount of BTC regardless how much is it is already a bullish one. You can't expect a high profile billionaire to hold lots of bitcoin investment due to its high volatility, not unless you have a business related that buy/sell bitcoin such as cash app of jack.
hero member
Activity: 2352
Merit: 905
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Elon Musk is one of the guys we follow and recently he started speaking about Bitcoin (Cryptocurrency) and recently he Told in a tweet How much Bitcoins he actually Holds
Can You Guess That How much this Billionaire Guy Hold Bitcoin

He Revealed that he Hold only 0.25 BTC Worth Upto 2000+ Dollars
Source: https://twitter.com/elonmusk/status/1261429085999296512?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fdecrypt.co%2F29053%2Felon-musk-reveals-how-much-bitcoin-he-owns

Also CZ Binance Reply ELON

Do you guys realy think a 40$ Billion Networth Guy Hold only 0.25BTC?

Elon Musk's main subject is Tesla and Spacex so I guess bitcoin isn't his business, right? Still this doesn't mean he wouldn't invest in it but 0.25? He says such numbers to gain attention of people cause they'll say: Oh such a rich guy and holds only 0.25 btc? Can you imagine? My neighbour holds more than Elon Musk and blablabla...
Personally I think that he owns much more, he is a type of a person who craves technological progress and probably he would save some of his fortune in Bitcoin because this way you are a little bit on another level in management of money (banks can't touch you and you are fully responsible of your keys). Btw I won't be even surprised if he offers bitcoin hardware wallets or will implement something similar in Tesla. Then he will be real supporter of it.
jr. member
Activity: 116
Merit: 3
Elon Musk is one of the guys we follow and recently he started speaking about Bitcoin (Cryptocurrency) and recently he Told in a tweet How much Bitcoins he actually Holds
Can You Guess That How much this Billionaire Guy Hold Bitcoin

He Revealed that he Hold only 0.25 BTC Worth Upto 2000+ Dollars
Source: https://twitter.com/elonmusk/status/1261429085999296512?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fdecrypt.co%2F29053%2Felon-musk-reveals-how-much-bitcoin-he-owns

Also CZ Binance Reply ELON

Do you guys realy think a 40$ Billion Networth Guy Hold only 0.25BTC?


i think he showed only one of hes wallet Cheesy . he runs alot of project and maybe thats only bitcoin he had.maybe the rest of hes bitcoin are other currency's.
we know that he also ceo of doge coin.
legendary
Activity: 3178
Merit: 1054
I don't think Elon Musk needs to buy Bitcoin. He already has around 30 billion dollars, it's not like he's going to buy BTC to get rich like most of the people around here.

I'd even go so far as to suggest he could buy all the Bitcoin in existence if he really wanted by orchestrating a mass dump then gradually buying up the weak hands.

But he wont.

and could it be that he is trying to evade tax by revealing how much his BTC is this time while in the past he actively supports a blockchain project like the spacechain?

its just not very believable when someone who had been active in cryptocurrency and how rich he is but only got 0.25BTC. NO. he doesn't need to buy bitcoin, Maybe he has to hide his BTC instead deeper than 6feet because once the government will crackdown holders, the KYC documents we have submitted will all be dug.
sr. member
Activity: 980
Merit: 260
I don't think Elon Musk needs to buy Bitcoin. He already has around 30 billion dollars, it's not like he's going to buy BTC to get rich like most of the people around here.

I'd even go so far as to suggest he could buy all the Bitcoin in existence if he really wanted by orchestrating a mass dump then gradually buying up the weak hands.

But he wont.
legendary
Activity: 3024
Merit: 2148
He was recently very critical of the US government because of the lockdown/Tesla controversy, which makes me think he'll likely hold more BTC in the future, even if it's just to make an anti-government statement. I also have doubts that he only holds 0.25 BTC, rich people like him wouldn't even bother with buying such low sums, although I frankly don't care how much he holds, and maybe he tells the truth and there's a reason for it.
sr. member
Activity: 2338
Merit: 365
This is what I like about Elon Musk, he's full of mysteries...
Elon has shown interest in cryptocurrencies several times, so be honest, I can't believe Elon only holds a little bit of Bitcoin, he must have some Bitcoin, Ethereum and Dogecoin in his other wallet.
legendary
Activity: 2814
Merit: 1192
He may not treat it as an investment, but rather an interesting experiment, so I believe that he is holding as much as he's saying.
There also can be a different explanation: he told the public that he has very little not to be later named as the beginner of a bull run. A bull run is never good for PR, because there's always winners and losers there. Winners take their winnings and move on, losers become vocal haters who blame everyone involved: whales, exchanges, governments, promoters and of course rich investors.
full member
Activity: 1442
Merit: 153
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Elon as the Iron Man of our era? I think he's lying haha, maybe what he mean is he personally have just 0.25btc on his pocket but he has an organization or institution that he put millions of money for bitcoin. He is a tech guy, wise and smart so I don't think he is just looking down at bitcoin and ignoring it for many years. Even if consider the fact that he is already a billionaire, he is also a businessman that won't let this precious asset just be a stuff to regret by him in the future. He is also known for trolling twitter lol
legendary
Activity: 2394
Merit: 2223
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I don’t believe Musk only holds 0.25BTC, there’s no way he has that small a stash. If he still has any then it will be a lot more than that, he’s a very clever guy, he knew what he was doing tweeting about bitcoin Cheesy
It would be true as well, who know if he sold his all bitcoin on the past bull run when price was $20K? I have doubts he is trying to accumulate more that's why trying to pull back since peoples know him as a big bitcoin whale. Or he is no more interested on bitcoin since he have made huge profits from it. He is one of world richest guy, so likely he will move some other way. Who know if he is wondering to established his own crypto-currency on the Mars Grin
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Two possibilities related to his statement, if he is saying the truth then he believes that he is really moving into mars sooner so he doesn't;t need bitcoin at all since it may take longer time to establish payment system on Mars.

If he is lying then he simply wants to get more bitcoin for a cheaper price, especially after this having moment.
hero member
Activity: 2912
Merit: 556
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I don't care about how much bitcoin he holds right now because that doesn't affect me at all Grin

What I concern right now is how I can make more money or bitcoin before bitcoin price increase so I can make a huge profit than before. But we don't know if he tells the truth about the amount of the bitcoin he holds now. He can hide the real bitcoin amount he holds while he can tell to the public that he only holds that amount. Let's focus on saving more bitcoin before it's too late Grin
jr. member
Activity: 354
Merit: 1
Elon Musk is one of the guys we follow and recently he started speaking about Bitcoin (Cryptocurrency) and recently he Told in a tweet How much Bitcoins he actually Holds
Can You Guess That How much this Billionaire Guy Hold Bitcoin

He Revealed that he Hold only 0.25 BTC Worth Upto 2000+ Dollars
Source: https://twitter.com/elonmusk/status/1261429085999296512?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fdecrypt.co%2F29053%2Felon-musk-reveals-how-much-bitcoin-he-owns

Also CZ Binance Reply ELON

Do you guys realy think a 40$ Billion Networth Guy Hold only 0.25BTC?

Elon Musk is a Billionaire who has lots of profiting business so I would not dispute the amount of BTC he revealed he has, he might have a good quantity of other Cryptocurrencies. A rich man will surely have different currencies summing up his networth
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