Elon Musk Wont Sell his Bitcoin - page 7.

e_abrams

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Quote from: pawanjain on March 16, 2022, 11:48:27 AM

Elon Musk is a great example of why should we NOT follow crypto influencers blindly.
It doesn't really matters if he is holding his coins or selling them because the market will saturate.
He has manipulated the crypto market many times and it shows why we should not trust him or fall for his tweets related to cryptocurrencies.
He will be a good example in the history of bitcoin of why people should avoid crypto influencers.

The man very much seeks to manipulate the crypto market and he's been doing it for a while. He has reasons for it - recently Tesla filed its annual report with SEC, and it turned out they have invested some 2 billion dollars in Bitcoin. According to the same report, however, there were no investments in Dogecoin.

TheGreatPython

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Quote from: btc78 on March 15, 2022, 04:42:51 AM

Quote from: virasog on March 14, 2022, 02:46:13 AM

Elon Musk won't sell his bitcoins, he tweeted this and we see no big movement in the market. There was a time when his tweets had big effects on the market. This guy is losing his value by promoting Dogecoin.

For us to care? I am enough with his BS comments towards crypto as this is surely making His value more in our community and he can still make fun and Stupid comments towards the market.

But in general thanks to Him for still keeping His coins , but what about SHIB? he is not holding any Shiba Inu ?

I just noticed it too after reading your post. What if that was his intention to spread fud in shib? shib supporters will then panic to think that elon is not supporting this coin anymore. I guess the only way to find out is by monitoring the price of shiba inu. If the coin falls down heavily without any other news except from this then it was positive but if there's no declines whatsoever then we can safely ignore what I am speculating here.

The other thing that shocks me is that elon mentioned eth. I am very sure that this is the first time I saw him mention this coin. Aside from shiba inu, maybe he was trying to pump ethereum as well? let see about that.

PhoenixZephyrus

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I think at some point the influence just kinda stops y'know? He has been blindly tweeting, without knowing how much influence in the market he has. The past year or so, whenever he tweeted about any crypto, there was a huge surge in said coin's market value. But that just makes it more volatile, there's bound to be corrections!

I do feel like people have lost trust on him and don't make their purchasing/selling choices based on his tweets and thats honestly a good thing.

pawanjain

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Nothing lasts forever

Elon Musk is a great example of why should we NOT follow crypto influencers blindly.
It doesn't really matters if he is holding his coins or selling them because the market will saturate.
He has manipulated the crypto market many times and it shows why we should not trust him or fall for his tweets related to cryptocurrencies.
He will be a good example in the history of bitcoin of why people should avoid crypto influencers.

oHnK

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Quote from: Kakmakr on March 16, 2022, 01:38:25 AM

Yes, their Tweets will have a short-term influence on the markets.... but it might have a long-term influence on it being the currency for the future. (They also mix with very influential people in the financial world) Wink

Everyone who really invest in crypto with good attitude will not try to influence other or tweet something which contain any suggestion with high risk. He really manipulate market to do what he did, and the reason why he did because it will add his own profit and never care what people get. Such as many influencers in my country who expose their assets and in fact they just make many lies.

evilgreed

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There is not much reaction because people are that stupid and with the economy being as it is, they won't risk it. While his words do make a point, he did make a fool of himself because of his trolling. Just a few days ago, tesla stocks dumped just moments after he tweeted his rubbish which made lots of Tesla stock holders suffer. Now, people are being more cautious. On a side note, which dumb influential person would tell whether he is selling or not before he even does it? This post is solely for attention. Other than his spacex related tweets, I ignore most of it.

Captain Corporate

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The fact that he even thinks he has enough power over crypto to say that he won't sell, and that is a good thing and we should care shows what type of ego this guy has. Doesn't mean that he is wrong, a lot of people care about his tweets and at some point we have seen him tweet coins that pumps because of it, doge is the most know but there have been a lot more. This is why I believe that he is not fully wrong, but even if he is right, that is still high ego. Even if you think that you have enough power to change the prices of some coins, you should be careful about it and not use this as a power tool.

sunsilk

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Quote from: dunfida on March 15, 2022, 07:50:33 PM

Im not against on his tweet as long it wont really be that manipulative just like as mentioned on where he do make out some shills in the past on where lots had been angry because of that but actually he had done
nothing wrong if you do take up seriously on each tweet that he do made.We do know on how popular this person is and lots had been following or keeping an eye on every movement that he do take.
Not only on having good impressions but also they are relying on something which they could apply into their investment motives.

At least on this latest tweet that we're discussing, it has a sense IMO.

It's really giving some good lessons and teachings for those that don't know how to invest. But there will really be the times that many would be pissed off with his tweets.

Especially us when he's tweeting about bad things about bitcoin but this time, he just said that he's also with us as a holder. So basically the anger that we released on him are in vain because he's also holding.

JayTrain

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He has long gone into the background, his tweets used to be top, now everyone has already realized that he did it for his own benefit, so trust has long disappeared, and he is a fairly rich man, and I think for him it's just a hobby and entertainment with cryptocurrencies.

Wind_FURY

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Quote from: ?? on ??

Maybe he thinks that holding a lot of Bitcoin forever will save him and help him become more famous. A whales like Elon Musk can really play the market without worrying to lose their money, perhaps, they can afford it. However, whatever he does with his Bitcoin, people are not interested to know it, actually, we don't care. But believe me or not, Elon Musk is a wise person, he could trick us. he can pretend that he is holding till now, in fact, we don't know the truth.

Or maybe he's really one of the smartest, most intelligent minds in the world, and that he truly understands the underlying nature of a ground-breaking invention like Bitcoin. In the history books of the future, Bitcoin will be considered to be a breakthrough the same as the invention of the printing press, the telephone, the airplane, or the discovery that the Earth is round.

molsewid

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Quote from: Kakmakr on March 16, 2022, 01:38:25 AM

I think people should change their attitude towards super rich people like this. They influence not only the market, but the minds of millions of people that follow them on social media. If Bill Gates or Warren Buffet says that Bitcoin is the currency of the future, then millions of people will adopt Bitcoin as a currency. (which is the ultimate goal for Bitcoin)

Yes, their Tweets will have a short-term influence on the markets.... but it might have a long-term influence on it being the currency for the future. (They also mix with very influential people in the financial world) Wink

Well, I do think that they should change their attitude towards rich people but the thing is we don't have any control over their decision and belief. This only shows that a simple statement of a rich man can influence people's choices and decisions without proper research or study on that project let's take Doge as an example. And I believe o what you have said will be a reality if ever either Bill Gates or Warren Buffer says any good thing about bitcoin I wouldn't doubt that people will now finally onboarding to be one of the community.

Emitdama

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Quote from: LogitechMouse on March 14, 2022, 08:53:37 AM

I can still remember the time where every tweet of him will have a huge impact in the market. That isn't the case anymore because..... investors already know what they will do.
He isn't that influential anymore in the crypto space. He will be just one of the popular investors out there who will continuously tweet and shill whatever the hell he wants to. In the end, whatever he will do will not have any effect in the market anymore or if there is then its only small.

A few years from now, there will be another popular influencer that might do what Elon Musk did to DOGE but this time a different coin. Still, I will not believe in what he said regarding him not selling his Bitcoin. There will be a time that he will eat those words and will sell it especially when the worst thing comes.

The fact that people even listened to him was a weird period to be fair. I mean I believe that people should not listen to influencers this much, just because someone tweeted about a coin shouldn't pump the price of that coin at all. The funny part came in when he went to SNL and did a sketch about doge, and doge went 8% lower that day Cheesy

.

This wasn't some bear market or anything neither, it was literally during the pump period. I am happy that he lost his power, or at least looks like that. He is challenging Putin to a cage match last I saw him, but I really believe that it is really possible for people to start picking another influencer and listen to that person next, we never really learned something from this.

Kakmakr

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Quote from: Poker Player on March 14, 2022, 04:21:06 AM

Quote from: virasog on March 14, 2022, 02:46:13 AM

Elon Musk won't sell his bitcoins, he tweeted this and we see no big movement in the market. There was a time when his tweets had big effects on the market. This guy is losing his value by promoting Dogecoin.

Yeah, he won't sell his Bitcoin or his shitcoins, who cares. I think that in this forum we don't really care what he says, although it must be recognized that he has a short-term influence on the markets.

I think people should change their attitude towards super rich people like this. They influence not only the market, but the minds of millions of people that follow them on social media. If Bill Gates or Warren Buffet says that Bitcoin is the currency of the future, then millions of people will adopt Bitcoin as a currency. (which is the ultimate goal for Bitcoin)

Yes, their Tweets will have a short-term influence on the markets.... but it might have a long-term influence on it being the currency for the future. (They also mix with very influential people in the financial world) Wink

Furious 7

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Quote from: Furious 7 on March 15, 2022, 08:02:49 AM

No matter what he does I don't really care if he really wants to sell or not because I really don't want to be too focused on this person.
He made a tease like this as if he was really needed when what he wanted to look for other than sensation.

Why the news about this seems to be determinant to the price of Crypto. His teasing about doge will probably work but for Bitcoin, don’t expect too much to change easily just by Twitt

I don't think it is working for Dogecoin either because I don't see any change in price even after his tweet. Obviously, Elon had a reason for making this tweet hoping he could move the market as before but he too must have realized the different mindset of the market now.

At least someone noticed it when they were at the doge because I actually met a lot of people who were guessing there and for sure when this happened, even if there was a slight increase, they would take advantage of it to get out of there.
For doge, in my opinion, even though it's weak, because there are a lot of beginners and fomo who still see that Elon is a very important person there even though it actually drowns them

Uang_kartal

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betfury

Quote from: famososMuertos on March 15, 2022, 07:02:02 PM

Let's say that "El-off" had been kept off (bitcoin), so after breakfast, tweet time 9am, he took his phone, then simply "El-On" activity start, he knew that within his characters he had to include 7 regardless of the objective of his message, he had to include bitcoin.
What is the point of that tweet, well, he is a guy who can have money wherever he wants and play with it however he wants, in fact he is the first man who for sure has money put on mars as an individual.

Please stay "El-Off" with bitcoin and "El-On" with support ong.

I just found out that the name has something to do with bitcoin on/off, lol
but when you talk about it, he once revealed and even though his twitter is just ordinary, market prices are great when they bow to him, he can change a trend that is as ridiculous as it isn't serious those who are influential. assuming fia has money there (mars) maybe you mean project space x or what do you know bro? this is interesting.
at least he's the only one I know about some influential people
the future and some of the assets that he HOLD needs to be modeled even though it's the same, bro, nothing is safe, at least go with the pump

dunfida

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Quote from: sunsilk on March 15, 2022, 06:09:18 PM

Quote from: carlfebz2 on March 14, 2022, 06:59:59 PM

Quote from: sunsilk on March 14, 2022, 06:37:49 PM

I'm thinking that it's not a tweet to boost the market's price for specific cryptos that he mentioned. Although we know his bias about dogecoin, I don't really expect him to defeat the market's nature of being bearish this time despite his tweets.

Well, good to know that he's the same as us that he won't sell his bitcoins and we all have plans of holding it for the long term. Anyway, he might be big as his name but he's still the same as us so whether you care or not, it won't change our decision to hold.

Honestly, that tweet is good advise for everybody about not saving money through the bank and he said to invest it into real estate and company bonds while in the last friendly tip he had given, of course it's all about crypto and the obvious.

Dont know on why people do really react that much and having those impressions that against with Elon? We do have the freedom of speech though but it couldnt be avoided for people to hesitate nor criticize since

we know on how he really make out some manipulative kind of tweets back in the past which it could understand on their point somehow.For now this is just an ordinary tweet and i dont see
any manipulative intent which he mentions on all of his coins that been holding.Of course he would really be not selling those not on the right time.

Well, whenever he tweets and includes crypto on his tweets before. It's really moving the market because it was the bull run and we all know about his influence so that was really shaky when he talks about bullish or bearish whether it's with bitcoin or dogecoin.

About other folks being against to his tweets, they're just used to it and tired of hear him say what he wants to say. But this time, it's actually a good one especially for those people that has just followed him recently.

Im not against on his tweet as long it wont really be that manipulative just like as mentioned on where he do make out some shills in the past on where lots had been angry because of that but actually he had done
nothing wrong if you do take up seriously on each tweet that he do made.We do know on how popular this person is and lots had been following or keeping an eye on every movement that he do take.
Not only on having good impressions but also they are relying on something which they could apply into their investment motives.

famososMuertos

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LE ☮︎ Halving es la purga

Let's say that "El-off" had been kept off (bitcoin), so after breakfast, tweet time 9am, he took his phone, then simply "El-On" activity start, he knew that within his characters he had to include 7 regardless of the objective of his message, he had to include bitcoin.
What is the point of that tweet, well, he is a guy who can have money wherever he wants and play with it however he wants, in fact he is the first man who for sure has money put on mars as an individual.

Please stay "El-Off" with bitcoin and "El-On" with support ong.

Taskford

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He trying to manipulate the market before and throwing some bad shades towards on it then says he will not sell his bitcoin and now he want people to buy this idea? Well for me I will take extra precaution and will base only on what I think on current situation because maybe Elon is targeting something now and for sure he do this again to try his manipulative tactics if he can do move the market again for his own benefits.

sunsilk

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Quote from: carlfebz2 on March 14, 2022, 06:59:59 PM

Quote from: sunsilk on March 14, 2022, 06:37:49 PM

I'm thinking that it's not a tweet to boost the market's price for specific cryptos that he mentioned. Although we know his bias about dogecoin, I don't really expect him to defeat the market's nature of being bearish this time despite his tweets.

Well, good to know that he's the same as us that he won't sell his bitcoins and we all have plans of holding it for the long term. Anyway, he might be big as his name but he's still the same as us so whether you care or not, it won't change our decision to hold.

Honestly, that tweet is good advise for everybody about not saving money through the bank and he said to invest it into real estate and company bonds while in the last friendly tip he had given, of course it's all about crypto and the obvious.

Dont know on why people do really react that much and having those impressions that against with Elon? We do have the freedom of speech though but it couldnt be avoided for people to hesitate nor criticize since

we know on how he really make out some manipulative kind of tweets back in the past which it could understand on their point somehow.For now this is just an ordinary tweet and i dont see
any manipulative intent which he mentions on all of his coins that been holding.Of course he would really be not selling those not on the right time.

Well, whenever he tweets and includes crypto on his tweets before. It's really moving the market because it was the bull run and we all know about his influence so that was really shaky when he talks about bullish or bearish whether it's with bitcoin or dogecoin.

About other folks being against to his tweets, they're just used to it and tired of hear him say what he wants to say. But this time, it's actually a good one especially for those people that has just followed him recently.

Fortify

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Quote from: virasog on March 14, 2022, 02:46:13 AM

Elon Musk won't sell his bitcoins, he tweeted this and we see no big movement in the market. There was a time when his tweets had big effects on the market. This guy is losing his value by promoting Dogecoin.

It is worth considering that Elon Musk never has to sell his Bitcoin, or anything else in his life because these are all toy size amounts to him. To a billionaire these trivial amounts are just a useful way for them to diversify their huge assets, but in reality this is an almost insignificant amount of money in his wider portfolio - he could forget about this Bitcoin wallet and it would have no material impact on his future. Discussing things like Bitcoin and Dogecoin are to him just ways to spice up his twitter feed, like throwing food to his dogs. You should not try to emulate him if you are working with much smaller amounts of capital because he is extremely low risk but you will be dealing at an extremely high risk.

Topic: Elon Musk Wont Sell his Bitcoin - page 7. (Read 1921 times)