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Topic: (I have not sold any bitcoins) New words from Elon Musk - page 2. (Read 526 times)

sr. member
Activity: 1274
Merit: 293
I think if they really support bitcoin, we must have positive mind too. At least it is good for bitcoin itself and people will happy if bitcoin price increased. As long they not fast to dump their coins when it is increased, because maybe what made afraid if they only do that so bitcoin can up and they aim for profit only and not really support.
Agree, we need to keep an open mind and not be quick to judge especially if we don't know what we are talking about and we are not directly involved in that event. I don't think that we have to worry if they dump fast or slow because the market will eventually recover.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
If Tesla sold its bitcoin, who do you think did it?
The decision was most likely made by their company's chief financial officer(CFO).

And then by saying that I have not sold any bitcoins, they want to attract investors and increase the price!
Elon Musk said that he haven't sold some of his bitcoin, not bitcoin on Tesla's balance sheet. 2 very different things.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
Mind stop patronizing this Clown? don't you think that He is successfully trolling the whole crypto community because we are objective in giving a damn in everything he says?

Blocked the account and forget about listening to what he says, crypto will grow even without Joker in our side.

that's true but i find it a very interesting experiment to see how people react to hype and FUD. for example each time he hypes bitcoin the market either doesn't react at all or the reaction is very small. then he does the same thing to a shitcoin like DOGE and it pumps hard.
i think it is a good indication of the maturity that bitcoin market has gained even if it is not fully mature yet.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
This news indicates that bitcoin will continue to rise in the coming months. Elon Musk apparently didn't sell his bitcoins and instead kept holding back to get big profits in the future. Elon Musk sold his bitcoin earlier this year because he also wanted to enjoy the returns from investing in bitcoin, that's a natural thing, I think it's the right move to take advantage because bitcoin has gone up very high compared to the price of bitcoin in 2018.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
I think if they really support bitcoin, we must have positive mind too. At least it is good for bitcoin itself and people will happy if bitcoin price increased. As long they not fast to dump their coins when it is increased, because maybe what made afraid if they only do that so bitcoin can up and they aim for profit only and not really support.
sr. member
Activity: 1666
Merit: 426
If the Tesla didn't sold any of their bitcoins then probably there is a huge chance that the bitcoin may grow up and pump up again because as far as I know, Tesla have a lot of holding bitcoin right now and it would be really a huge impact if they will just hold it or sell it immediately but I think they will just hold it so that the price of bitcoin will arise again. Let's wait what would be the impact of this actions in the market, let's see.
full member
Activity: 1708
Merit: 126
There have been numerous allegations that Elon Musk sold bitcoin to prove liquidity, and this led to the sale of 10% of Tesla's assets.
But Elon Musk denied the claim, saying that he had not sold any of his bitcoins, and that Tesla had sold some of its bitcoins in the first three months of the year & earning $ 272 million.

The news shows that Elon Musk and Tesla have chosen a large amount of bitcoin as their capital, and by accepting bitcoin for their own transactions, they are launching a bitcoin revolution.

Source: https://cointelegraph.com/news/i-have-not-sold-any-of-my-bitcoin-elon-musk
Mind stop patronizing this Clown? don't you think that He is successfully trolling the whole crypto community because we are objective in giving a damn in everything he says?

Blocked the account and forget about listening to what he says, crypto will grow even without Joker in our side.
Well that is how it works first we have McAfee to pump crypto back in his days now we have Elon Musk to control the crowd.
It is how it works for so long people or investors are listening to some influential person to follow whatever they say.
That is how pump and dump group has been operating and how other are gaining profit.

Works until it doesn't

MUSK is full of shit, last week he said "My cars that crash were NOT on auto-pilot", this week he say's He sold $100M, but he made $272M profit, so he obviously sold much more than his lies.

MUSK now knows the MSM  has his back, no matter the lie, it will be supported by MSM (CIA)

It's really hard to trust Elon Musk's words to be honest. Sometimes, he's releasing statements for his own benefit which is just starting to manipulate the market. His words could suddenly affect his followers negatively or positively and it causes panic. As for me, we shouldn't focus on his words unless he could prove them true.
sr. member
Activity: 1680
Merit: 259
I think it's too reckless for Tesla to sell all of its Bitcoins at a time of rapid growth this year ... and many believe it's impossible, I'm one of them. selling 10% for $ 272 million. OK, well, if we consider Tesla's total hold on Bitcoin to be 90% left and that is, if we calculate it, we will touch over $ 2720 million. It is very convincing that Tesla's survival will still be one of the big drivers of the value and resilience of the Bitcoin price.
hero member
Activity: 2814
Merit: 576
snip...

If Tesla sold its bitcoin, who do you think did it?
Isn't it a policy to first lower the price of bitcoin by selling their share of bitcoins in the name of Tesla (suppose the price reduction is for this reason)
And then by saying that I have not sold any bitcoins, they want to attract investors and increase the price!
What Elon did to the market is all about attractions and hypes. He tried to control the market, and yes, he was an influential person, he can do anything in terms of money.
Nevertheless, despite these words of attraction we still not confident enough of what he says. Once the price of bitcoin surged high, the more he gains profit from it, and that is why he encourages people to invest. He is smart and he can able to fool us at any time.
member
Activity: 980
Merit: 10
What does it mean? Will bitcoin reach 60k in this week. Please suggest me so I can invest.

I think you have to be smart in taking advantage of the situation, one of which is by looking at the movement of the chart itself. do not overly trust and hope in people.
Previously a lot of people were speculating about bitcoin that will hit $ 100k in April but in fact in last week bitcoin fell after that there were some people who predicted that bitcoin would go down to $ 40k but some people were wrong.
try to take advantage of the momentum and not rely too much on other people's predictions because there may be a few mistakes and when to make mistakes and so you don't regret it at the end.
hero member
Activity: 1498
Merit: 586
It doesn't matter whether Elon himself sold it or it's his company that has sold it. What matters is that bitcoin has shown again how strong it is and no matter how it has corrected for a few days, there's still a way for it to recover.

He may that he's not the one who actually sold the 10% of their holdings but it's his company which literally he's not the one who pressed the sell order.  Tongue

I was thinking if it doesn't really matter if Elon Musk will not going to sold any bitcoins that he hold. I mean we don't know how much he was hodling since he is not going to trade his bitcoin so does it mean he was planning to hold it for a quite long term maybe. I bet if he was hodling a bitcoin it could be a large number since he can afford to buy as much as he wanted to.

What does it mean? Will bitcoin reach 60k in this week. Please suggest me so I can invest.
Actually I also didn't know what might could be the possible effect of this or what does Elon Musk wanted to happen in bitcoin by deciding not to sold any of his bitcoin. But we just all wanted to see bitcoin grows day by day.
hero member
Activity: 3038
Merit: 634
It doesn't matter whether Elon himself sold it or it's his company that has sold it. What matters is that bitcoin has shown again how strong it is and no matter how it has corrected for a few days, there's still a way for it to recover.

He may that he's not the one who actually sold the 10% of their holdings but it's his company which literally he's not the one who pressed the sell order.  Tongue
hero member
Activity: 1708
Merit: 553
Play Bitcoin PVP Prediction Game
Yes and only because Tesla sold certificates and Bitcoin, the company now had the most successful quarter ever since its inception I believe. It is funny to see how he plays around with the whole world.

He didn't sell a whole lot of cars, yet the market celebrates him for somehow making the company profitable - even without selling a lot of cars Cheesy
sr. member
Activity: 1610
Merit: 264
~
Gonna echo this out because a lot of people purely just does not know how to take their own risk and do what you mentioned, DYOR.
The laziness and their dependency to other people will really cost them a lot in the longer term, I reckon.
newbie
Activity: 12
Merit: 0
Yea, Tesla sold them, not Elon. By selling those bictoins he increases his company capital.
It's a smart move made by a smart man. Of course, his personal investments are something else, he is keeping his personal coins and watch them grow.  Roll Eyes
member
Activity: 182
Merit: 30
There have been numerous allegations that Elon Musk sold bitcoin to prove liquidity, and this led to the sale of 10% of Tesla's assets.
But Elon Musk denied the claim, saying that he had not sold any of his bitcoins, and that Tesla had sold some of its bitcoins in the first three months of the year & earning $ 272 million.

The news shows that Elon Musk and Tesla have chosen a large amount of bitcoin as their capital, and by accepting bitcoin for their own transactions, they are launching a bitcoin revolution.

Source: https://cointelegraph.com/news/i-have-not-sold-any-of-my-bitcoin-elon-musk
Mind stop patronizing this Clown? don't you think that He is successfully trolling the whole crypto community because we are objective in giving a damn in everything he says?

Blocked the account and forget about listening to what he says, crypto will grow even without Joker in our side.
Well that is how it works first we have McAfee to pump crypto back in his days now we have Elon Musk to control the crowd.
It is how it works for so long people or investors are listening to some influential person to follow whatever they say.
That is how pump and dump group has been operating and how other are gaining profit.

Works until it doesn't

MUSK is full of shit, last week he said "My cars that crash were NOT on auto-pilot", this week he say's He sold $100M, but he made $272M profit, so he obviously sold much more than his lies.

MUSK now knows the MSM  has his back, no matter the lie, it will be supported by MSM (CIA)



There have been numerous allegations that Elon Musk sold bitcoin to prove liquidity, and this led to the sale of 10% of Tesla's assets.
But Elon Musk denied the claim, saying that he had not sold any of his bitcoins, and that Tesla had sold some of its bitcoins in the first three months of the year & earning $ 272 million.
The news shows that Elon Musk and Tesla have chosen a large amount of bitcoin as their capital, and by accepting bitcoin for their own transactions, they are launching a bitcoin revolution.

Source: https://cointelegraph.com/news/i-have-not-sold-any-of-my-bitcoin-elon-musk
It seems that Elon musk holding some BTC for his personal asserts too and his company Tesla also invested in BTC.
These two things are different. If Bill Gates buy BTC, we won't say Microsoft has bought BTC. It is his personal investment not investment by his company.
But yes Elon musk did use his position and popularity to manipulate the market price. Dige coin is classic example how people are influenced by celebrities in their buying decisions.

Bill Gates retired from MS a decade ago, MUSK is an active CEO

TSLA was dying, MUSK took out a $1.5B COVID ( cheap money loan ) and bought BTC cheap ($42k) prior to the ATH at $64k, at ATH he sold and covered the costs on his loan, and tossed the $272M profit on his balance sheet to keep TSLA looking good to the analysts.

GM did this for years GMAC was making 15% ROI on credit-cards with their capital, GM was making 4% ROI on the auto manufacturing biz.

MUSK is now in the same realm, he's not in the EV biz ( except for free 100's of billions of tax scams ), he's in the financialization biz, borrowing cheap money, and gambling.

Same as Delorean 30+ years ago, spent $100's of millions on COCAINE to keep his company 'profitable'

...

Musk came out of PAYPAL, Musk is 'money laundering operation' for god knows who, rocket-ships & auto's an flame-throwers, its the stuff  that keeps children up at night.

[moderator's note: consecutive posts merged]
hero member
Activity: 854
Merit: 506
There have been numerous allegations that Elon Musk sold bitcoin to prove liquidity, and this led to the sale of 10% of Tesla's assets.
But Elon Musk denied the claim, saying that he had not sold any of his bitcoins, and that Tesla had sold some of its bitcoins in the first three months of the year & earning $ 272 million.
The news shows that Elon Musk and Tesla have chosen a large amount of bitcoin as their capital, and by accepting bitcoin for their own transactions, they are launching a bitcoin revolution.

Source: https://cointelegraph.com/news/i-have-not-sold-any-of-my-bitcoin-elon-musk
It seems that Elon musk holding some BTC for his personal asserts too and his company Tesla also invested in BTC.
These two things are different. If Bill Gates buy BTC, we won't say Microsoft has bought BTC. It is his personal investment not investment by his company.
But yes Elon musk did use his position and popularity to manipulate the market price. Dige coin is classic example how people are influenced by celebrities in their buying decisions.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
There have been numerous allegations that Elon Musk sold bitcoin to prove liquidity, and this led to the sale of 10% of Tesla's assets.
But Elon Musk denied the claim, saying that he had not sold any of his bitcoins, and that Tesla had sold some of its bitcoins in the first three months of the year & earning $ 272 million.

The news shows that Elon Musk and Tesla have chosen a large amount of bitcoin as their capital, and by accepting bitcoin for their own transactions, they are launching a bitcoin revolution.

Source: https://cointelegraph.com/news/i-have-not-sold-any-of-my-bitcoin-elon-musk
Mind stop patronizing this Clown? don't you think that He is successfully trolling the whole crypto community because we are objective in giving a damn in everything he says?

Blocked the account and forget about listening to what he says, crypto will grow even without Joker in our side.
Well that is how it works first we have McAfee to pump crypto back in his days now we have Elon Musk to control the crowd.
It is how it works for so long people or investors are listening to some influential person to follow whatever they say.
That is how pump and dump group has been operating and how other are gaining profit.
legendary
Activity: 2492
Merit: 1215
What does it mean? Will bitcoin reach 60k in this week. Please suggest me so I can invest.

Buy Dogecoin or Bitcoin and just wait. Second best investment advice ever. Hold Bitcoin and forget about it for 3-6 months. Or Hold Dogecoin, check its price from time to time and as soon as price makes +50% increase, sell and rebuy when price goes down. But first investment advice is - dont listen to anyone, if you want to invest - do it. Hesitating - investment is not for you. Easy.
full member
Activity: 742
Merit: 102
Second Live
Besides bitcoin, I think dogecoin will benefit too  Grin
We're all confused, after this growth I will treat Elon Musk as Satoshi. And I think the trust of people has increased again with this tweet
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