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Topic: (I have not sold any bitcoins) New words from Elon Musk - page 3. (Read 526 times)

legendary
Activity: 2240
Merit: 3150
₿uy / $ell ..oeleo ;(
I wonder which coins they sold, the ones acquired during the famous Elon Candlestck time or those that people used to purchase Teslas with? Because he stated that those coins used to buy Teslas with gonna be put on a long term HODL. He doesn't need to buy anymore Bitcoins if people are buying cards with their coins.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
So what:)

If he does not sell,,, fine, that means one of the biggest new whales of BTC is holding on for the long term. Good for us right?

If he did sell in fact and he was just lying to tell us he had not,,, then it is still good. Means more Bitcoin for other people to buy and less for a whale to manipulate.
jr. member
Activity: 980
Merit: 1
Bitcoin could certainly go above 60,000$ for this confident statement from Elon Musk.  Elon Musk is a major investor in Bitcoin.  When its researvation comes to the bitcoin market, the market could change drastically.
hero member
Activity: 2660
Merit: 551
Wait I'm confused so personally he had some bitcoins, but he didn't sold.

On the contrary, his Tesla investment huge amount on bitcoin and sold to take profits?

Anyhow, I guess it doesn't matter, he still has his own investments and I'm sure that his company may have sold, but with the current dip, they could have re-investment millions again and probably will sell if we have a good all time high in the future.
hero member
Activity: 1722
Merit: 801
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.
Words are words as that and you can not trust his words if you can not verify it.

If you don't know where Elon and Tesla store their bitcoin (in whatever bitcoin wallets, addresses), you can not judge anything from his words. The saying from Elon Musk is matched with what he and Tesla emphasized when Bitcoin is adopted on Tesla as payment method to buy Tesla products. I can believe in their words somewhat, not completely.

Quote
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.
Revolution for Bitcoin because of Tesla. No, I don't think it is the case for Bitcoin. Tesla is not the first and is neither the last nor biggest company have investments in and adoption for Bitcoin.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
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.
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token


Good to hear that Elon Musk took the initiative of clarifying this suggestion of him selling his Bitcoin during the ATH and that he is actually hodling for the long haul. Maybe it can be said that the Bitcoin community found a solid and very pro-active supporter in the person of this man. And though some might debate this: I think that the whole Bitcoin industry should be thanking the man for his strong belief in Bitcoin and cryptocurrency.
member
Activity: 238
Merit: 10
What does it mean? Will bitcoin reach 60k in this week. Please suggest me so I can invest.

It's in relation with the fact that Tesla did sell 10% of their bitcoins.
And about investing... you have to really DYOR for your money, people should not suggest what you should do. And if you want to hear speculations on the price, just look at the speculation subforum: some will show you how bitcoin can go to 100k and beyond, some will tell you that's going to fall. In fact, nobody knows what the future holds and that why nobody should tell you what you should do with your money.
Okay Thank you for suggestion. I will do it on my own risk.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
What does it mean? Will bitcoin reach 60k in this week. Please suggest me so I can invest.

It's in relation with the fact that Tesla did sell 10% of their bitcoins.
And about investing... you have to really DYOR for your money, people should not suggest what you should do. And if you want to hear speculations on the price, just look at the speculation subforum: some will show you how bitcoin can go to 100k and beyond, some will tell you that's going to fall. In fact, nobody knows what the future holds and that why nobody should tell you what you should do with your money.
member
Activity: 238
Merit: 10
What does it mean? Will bitcoin reach 60k in this week. Please suggest me so I can invest.
member
Activity: 312
Merit: 24
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
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