I speculate Tesla has sold their coins - page 4.

wxa7115

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Quote from: Chato1977 on May 29, 2021, 07:15:02 AM

Obviously the Man is hypocrite and not to be trusted at any cost.
he will only seek for His benefits and never for others that entrusted him their investments.
No wonder that in the following days he will announced about hating Dogecoin also.

Which is why I thought that it was odd that some people saw him as the savior of this market, it is not as if we need Elon Mus specifically, the development of bitcoin is doing great and it was doing great before he even came to the market and if he has sold his coins as we believe he did then it does not matter as someone else with stronger hands is bound to buy those coins.

And if he still has those coins then he is going to be a continuous source of FUD as he keeps trying to make this market crash but the more he tries to do this the more ineffective it will become.

MFahad

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Quote from: Marvelman on May 30, 2021, 07:02:38 AM

Has Musk ever confirmed that he sold his bitcoins?

That's a secret and only near and dear ones to Elon Musk knew about them.

STT

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You can be sure because a holding of this size is disclosable information. TSLA is a listed company billions in size they follow fairly strict rules on open disclosure of what their actions and holdings are, its how you get all the articles on Warren Buffet doing this or that because every quarter he has an obligation to report openly large movements in publicly traded assets. I get BTC is not a central register in that way but TSLA itself would be required to report such a large movement of cash and obviously its been used for this purpose.
Elon has got in trouble before for random tweets about his own stock, he isnt allowed to do that as it can easily move the share price. He can post doge memes or whatever he likes as that asset is not directly under his control and that market is not regulated in USA, its still seen as some bad taste to have a large influence like that but public speech allows it I guess.

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Quote from: Marvelman on May 30, 2021, 07:02:38 AM

Quote from: 777Jolami on May 29, 2021, 11:24:02 AM

Elon has self-confirmed selling all of his bitcoins, and that will also come from Tesla.
/cut/

Has Musk ever confirmed that he sold his bitcoins? As far as I'm aware, he has never stated (and probably will never state) that he owns them at all.
All he confirmed was that Tesla had sold 10% of their bitcoin investment, to prove the liquidity of the asset.

Yes, that is the first news. but the latest news caused this significant dump as many people speculated that Elon had already sold all of their bitcoin holdings. I've also read some articles from bloomberg crypto if I'm not mistaken that elon "might" have sold all their bitcoins

MFahad

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Quote from: bbc.reporter on May 16, 2021, 08:53:13 PM

Despite their statement of declaration that Tesla will not sell their coins held, I speculate that they might have sold it days later. Elon appears to be behaving similar to the average cryptocoin trader in the forum after dumping hehehe.

Also, why would Elon continue to risk $1 billion of shareholder’s money by destroying Tesla’s own investment in bitcoin? Tesla might not be holding bitcoin anymore!

We can never be sure if Tesla sold their bitcoins or still holding them because there is no bitcoin address which shows that it belongs to Tesla. Everything is based upon assumptions and speculation. One thing is for sure that if they had sold their coins, they will regret it.

Marvelman

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Quote from: 777Jolami on May 29, 2021, 11:24:02 AM

Elon has self-confirmed selling all of his bitcoins, and that will also come from Tesla.
/cut/

Has Musk ever confirmed that he sold his bitcoins? As far as I'm aware, he has never stated (and probably will never state) that he owns them at all.
All he confirmed was that Tesla had sold 10% of their bitcoin investment, to prove the liquidity of the asset.

STT

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They didnt sell any, they can just loan out assets like a company will often allow their stock to be loaned. If its available for loan it can be short sold and the difference is to the gain of the trader. The company receives a fee for the use of the asset and it might also be Elon hedged his holding with a contract for difference himself.
It would be seen as very poor practise to buy then soon after sell on information already known beforehand.

bittick

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They maybe sold some big portion of it, but if they did sell all of their coins as some of people speculated here, isn't that good though? basically one more threat that holds back btc growth eliminated so we can have a smooth as silk bullrun in the future.
Basically a bright future since no more manipulation, fud, etc by just one corporation.

Quote from: ?? on ??

I think for something big like that, especially bitcoin address which can traced, they might be not sell their coins yet but want to buy more. But that is only my personal opinion. Because usually if a big amount of coins deposited or moved to exchanges, there will be a news and no big news yet (or me who don't know yet) but not see any article about it.

We don't even know what address they are holding the BTC, big fat chance it's gonna be in custodial service where there's insurance but thats just my speculation. They could slip to the market and no one gonna even notice if they gradually dumped it without trying to leave any trace.

777Jolami

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Quote from: Chato1977 on May 29, 2021, 07:15:02 AM

Quote from: Taskford on May 29, 2021, 07:09:22 AM

Quote from: ?? on ??

Quote from: Fundamentals Of on May 16, 2021, 10:41:55 PM

I also think Elon has already did that. He cannot be holding at least a billion USD worth of Bitcoin while at the same time criticizing it. That is a suicide for him. He must have already sold a lot or all of it before starting to issue statements against Bitcoin. But it is his decision. He is the owner of his Bitcoin. He is absolutely free to do so.

I think Elon is behaving more childish than an average crypto trader.

He is playing us, there's still no confirmation that he has sold his coin but your logic is correct you cannot create a FUD on what you've invested, it's the fastest way to lose your profit, we can read on his succeeding tweet if he still has those Bitcoin, we must read between the lines and we should be ready for any consequences I just hope those who follow him will realize he is disrupting the market.

Thats how Elon works before and now he continue it on crypto so don't expect that he will really adopt bitcoin for good since he only want to manipulate to gain nothing else more from that. He's just doing a business here and for sure he doesn't care about bitcoin much he only cares counting his profits from bitcoin and crypto.

Obviously the Man is hypocrite and not to be trusted at any cost.
he will only seek for His benefits and never for others that entrusted him their investments.
No wonder that in the following days he will announced about hating Dogecoin also.

Elon has self-confirmed selling all of his bitcoins, and that will also come from Tesla. His interests are in place, and he binds the community with this stupid, unbelievable vandal. Then He will sell all Doge and continue to deny its role as it was with bitcoin with a cheap excuse. Lol

Chato1977

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Quote from: Taskford on May 29, 2021, 07:09:22 AM

Quote from: ?? on ??

Quote from: Fundamentals Of on May 16, 2021, 10:41:55 PM

I also think Elon has already did that. He cannot be holding at least a billion USD worth of Bitcoin while at the same time criticizing it. That is a suicide for him. He must have already sold a lot or all of it before starting to issue statements against Bitcoin. But it is his decision. He is the owner of his Bitcoin. He is absolutely free to do so.

I think Elon is behaving more childish than an average crypto trader.

He is playing us, there's still no confirmation that he has sold his coin but your logic is correct you cannot create a FUD on what you've invested, it's the fastest way to lose your profit, we can read on his succeeding tweet if he still has those Bitcoin, we must read between the lines and we should be ready for any consequences I just hope those who follow him will realize he is disrupting the market.

Thats how Elon works before and now he continue it on crypto so don't expect that he will really adopt bitcoin for good since he only want to manipulate to gain nothing else more from that. He's just doing a business here and for sure he doesn't care about bitcoin much he only cares counting his profits from bitcoin and crypto.

Obviously the Man is hypocrite and not to be trusted at any cost.
he will only seek for His benefits and never for others that entrusted him their investments.
No wonder that in the following days he will announced about hating Dogecoin also.

Taskford

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Quote from: ?? on ??

Quote from: Fundamentals Of on May 16, 2021, 10:41:55 PM

I also think Elon has already did that. He cannot be holding at least a billion USD worth of Bitcoin while at the same time criticizing it. That is a suicide for him. He must have already sold a lot or all of it before starting to issue statements against Bitcoin. But it is his decision. He is the owner of his Bitcoin. He is absolutely free to do so.

I think Elon is behaving more childish than an average crypto trader.

He is playing us, there's still no confirmation that he has sold his coin but your logic is correct you cannot create a FUD on what you've invested, it's the fastest way to lose your profit, we can read on his succeeding tweet if he still has those Bitcoin, we must read between the lines and we should be ready for any consequences I just hope those who follow him will realize he is disrupting the market.

Thats how Elon works before and now he continue it on crypto so don't expect that he will really adopt bitcoin for good since he only want to manipulate to gain nothing else more from that. He's just doing a business here and for sure he doesn't care about bitcoin much he only cares counting his profits from bitcoin and crypto.

wxa7115

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Quote from: bbc.reporter on May 19, 2021, 11:58:59 PM

Quote from: pooya87 on May 18, 2021, 11:31:36 PM

Quote from: Lucius on May 18, 2021, 08:58:26 AM

I wouldn't agree that this can only be done once, so a man has more than 54 million followers on Twitter who don't mind what he does - they just adore him and are starting to look more like a weird religious community that will do anything for his dear leader. He did it in the past with his shares, he paid some kind of fine, but that didn't stop him from doing even worse things when it comes to cryptocurrencies - I wonder why the SEC isn't reacting now, because if this isn't more than obvious manipulation of the crypto market, then I don't know what else should happen.

No, it is not possible to repeat. Look at John McAfee. Do you think if he came back and started praising bitcoin anybody would even pay him any attention? No, people will ignore him that is also why he isn't back ever since his 2017 scams. It is the same with Elon Musk, if he comes back and starts praising bitcoin again, even if he accepts bitcoin payments at Tesla again, people will still ignore him because of his scams. His reputation is already ruined among bitcoiners.

Agreed. Read all of the hateful replies in his tweets hehe. He will be ignored, however, he cannot entirely be ignored. John McAfee is cocaine addicted former CEO. Elon Musk is still presently a billionaire who is a CEO of a company who holds $1.5 billion in bitcoins. The threat of a dump is always there.

This is Elon’s latest tweet about bitcoin. Can he be trusted?

Tesla has diamond hands

https://mobile.twitter.com/elonmusk/status/1395027147161489412

The risk of a dump is only there if he has coins to begin with, maybe he sold his coins and has bought again producing tremendous profits for Tesla, that could be a possible scenario but unless he signs a message from an address with a bunch of coins then I am not going to believe anything he says about his stash.

I know he has a lot of fans that are going to believe whatever he says but for the rest of us we do not have any reason to believe anything he says unless he shows evidence this is the case so I will say that he cannot be trusted at all.

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Quote from: bbc.reporter on May 16, 2021, 08:53:13 PM

Despite their statement of declaration that Tesla will not sell their coins held, I speculate that they might have sold it days later. Elon appears to be behaving similar to the average cryptocoin trader in the forum after dumping hehehe.

Also, why would Elon continue to risk $1 billion of shareholder’s money by destroying Tesla’s own investment in bitcoin? Tesla might not be holding bitcoin anymore!

I'm also pretty sure Tesla was selling their Bitcoin before Elon fud spread
for me, it would be better if Tesla didn't have any bitcoins at all

Bitcoin remains strong without Tesla
Bitcoin is only for those who do not change moods easily, Unlike Elon who has a lot of words that don't match what he did with Bitcoin

Obito

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What would be the reason why Tesla is going to sell their bitcoins though? They already sold at a profit when they tried for liquidity right so I don't think that they will be selling aanytime soon. Plus it is a good investment for Tesla to have bitcoin in tbeir portfolio because bitcoin is an appreciating asset.

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Quote from: kapalmabur on May 19, 2021, 01:37:16 PM

Quote from: bbc.reporter on May 16, 2021, 08:53:13 PM

Despite their statement of declaration that Tesla will not sell their coins held, I speculate that they might have sold it days later. Elon appears to be behaving similar to the average cryptocoin trader in the forum after dumping hehehe.

Also, why would Elon continue to risk $1 billion of shareholder’s money by destroying Tesla’s own investment in bitcoin? Tesla might not be holding bitcoin anymore!

Elon has said that Tesla doesn't sell the Bitcoin they have, I don't know, this is just an issue or nonsense,
we know that elon always takes over the market and manipulates it easily, this is very unfortunate,
because crypto will be a place for pump and dump only, It's sad to see people like that take advantage of crypto only for themselves.

Bitcoin and other cryptocurrencies fell as the emergence of negative catalysts, starting from Tesla CEO Elon Musk who canceled bitcoin as a Tesla payment, and exacerbated by the new chinese government regulations that prohibit the use of crypto for its citizens, I think these two sentiments have really hit bitcoin and other crypto right now, but talking about elon musk of course as a businessman he will do anything to be able to benefit from bitcoin and one of them is by manipulating the crypto market with the influence of his tweet, after a few days ago he said bitcoin mining had a bad impact on environment to make bitcoin price fall but now he started hinting to hold bitcoin by tweet diamond and hand emojis, I think elon musk has returned to collecting bitcoin after the price fell yesterday and is now trying to raise bitcoin price again so he can get it profit for himself.

bbc.reporter

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@uneng. What I also speculate with the shareholders of Tesla is they might blame Elon for buying bitcoin if it begins to destroy their balance sheet. According to this article, Tesla bought with an average price of $34.2k a coin.

Estimates have suggested that Tesla bought its $1.5 billion BTC stash at an average price of $34,200 a coin.

Source https://coinmarketcap.com/alexandria/article/revealed-how-much-profit-tesla-has-made-after-buying-bitcoin

Does everyone think Tesla will continue holding if bitcoin dumps down to $25k or worse? Will Tesla hodl through 3 years of a bearish market? What would occur if Michael Saylor sold first because of the pressure from his shareholders?

uneng

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Quote from: bbc.reporter on May 19, 2021, 11:58:59 PM

Quote from: pooya87 on May 18, 2021, 11:31:36 PM

Quote from: Lucius on May 18, 2021, 08:58:26 AM

I wouldn't agree that this can only be done once, so a man has more than 54 million followers on Twitter who don't mind what he does - they just adore him and are starting to look more like a weird religious community that will do anything for his dear leader. He did it in the past with his shares, he paid some kind of fine, but that didn't stop him from doing even worse things when it comes to cryptocurrencies - I wonder why the SEC isn't reacting now, because if this isn't more than obvious manipulation of the crypto market, then I don't know what else should happen.

No, it is not possible to repeat. Look at John McAfee. Do you think if he came back and started praising bitcoin anybody would even pay him any attention? No, people will ignore him that is also why he isn't back ever since his 2017 scams. It is the same with Elon Musk, if he comes back and starts praising bitcoin again, even if he accepts bitcoin payments at Tesla again, people will still ignore him because of his scams. His reputation is already ruined among bitcoiners.

Agreed. Read all of the hateful replies in his tweets hehe. He will be ignored, however, he cannot entirely be ignored. John McAfee is cocaine addicted former CEO. Elon Musk is still presently a billionaire who is a CEO of a company who holds $1.5 billion in bitcoins. The threat of a dump is always there.

This is Elon’s latest tweet about bitcoin. Can he be trusted?

Tesla has diamond hands

https://mobile.twitter.com/elonmusk/status/1395027147161489412

Elon Musk will keep bluffing from now on pretending to be the main catalyst of crypto universe in hope whales follow his unstable thoughts daily. It can't last too long, because sooner or later people will get tired of his nonsense. Investors must be already aware a guy like Elon is dangerous for their own crypto investments, as he just worries about himself and won't think twice before sacrificing someone's else investments if he can take an advantage of it, even if it's needed to subvert the facts to achieve what he wants, like he did using the bitcoin mining excuse to dump the market.

geegaw

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Quote from: kapalmabur on May 19, 2021, 01:37:16 PM

Quote from: bbc.reporter on May 16, 2021, 08:53:13 PM

Despite their statement of declaration that Tesla will not sell their coins held, I speculate that they might have sold it days later. Elon appears to be behaving similar to the average cryptocoin trader in the forum after dumping hehehe.

Also, why would Elon continue to risk $1 billion of shareholder’s money by destroying Tesla’s own investment in bitcoin? Tesla might not be holding bitcoin anymore!

Elon has said that Tesla doesn't sell the Bitcoin they have, I don't know, this is just an issue or nonsense,
we know that elon always takes over the market and manipulates it easily, this is very unfortunate,
because crypto will be a place for pump and dump only, It's sad to see people like that take advantage of crypto only for themselves.

Financial warfare is an underworld and always celebrates selfishness for success, instead of being a good person and helping people around, you can't be sad about such things, if we get such advantages, we will also be a selfish person and don't care about others, money is the end point of relationships. And if Tesla understood the ethos and had that much money to manage bitcoin, their faces will appear anonymously in some recent liquidations, a wise and arrogant man like Elon Musk won't let himself lose

bbc.reporter

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Quote from: pooya87 on May 18, 2021, 11:31:36 PM

Quote from: Lucius on May 18, 2021, 08:58:26 AM

I wouldn't agree that this can only be done once, so a man has more than 54 million followers on Twitter who don't mind what he does - they just adore him and are starting to look more like a weird religious community that will do anything for his dear leader. He did it in the past with his shares, he paid some kind of fine, but that didn't stop him from doing even worse things when it comes to cryptocurrencies - I wonder why the SEC isn't reacting now, because if this isn't more than obvious manipulation of the crypto market, then I don't know what else should happen.

No, it is not possible to repeat. Look at John McAfee. Do you think if he came back and started praising bitcoin anybody would even pay him any attention? No, people will ignore him that is also why he isn't back ever since his 2017 scams. It is the same with Elon Musk, if he comes back and starts praising bitcoin again, even if he accepts bitcoin payments at Tesla again, people will still ignore him because of his scams. His reputation is already ruined among bitcoiners.

Agreed. Read all of the hateful replies in his tweets hehe. He will be ignored, however, he cannot entirely be ignored. John McAfee is cocaine addicted former CEO. Elon Musk is still presently a billionaire who is a CEO of a company who holds $1.5 billion in bitcoins. The threat of a dump is always there.

This is Elon’s latest tweet about bitcoin. Can he be trusted?

Tesla has diamond hands

https://mobile.twitter.com/elonmusk/status/1395027147161489412

jrrsparkles

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Eloncoin.org - Mars, here we come!

The reason why he is doing all these is to make some money where he succeeded I guess, but I think Elon Musk know the importance of bitcoin since he is kind of futuristic compared to all the billionaires around the world, so he is looking to initiate the bear trend before it was supposed to happen and going to buy a lot for cheaper price, les say 10 times cheaper than now.

Anyway who is going to stay here or not but bitcoin will.

Topic: I speculate Tesla has sold their coins - page 4. (Read 954 times)