Topic: I speculate Tesla has sold their coins - page 5. (Read 1062 times)

Expanding on this, Elon Musk isn't stupid, far from it actually. He knows that by putting out the statements hes put out, and seemingly looking to promote Doge as something great, would get heat from the community. I actually think that's one of the motivating factors behind it, the guy is a troll at heart, and has demonstrated this plenty of times before. Now, Elon Musk implying that he finds Doge as the cryptocurrency you need to invest in, seems to me like; a mockery. He's playing into the fact that Doge was created as a joke, and he's also making a joke out of the situation we have ourselves in.

Elon knows exactly what kind of influence he would have. He's a multi billionaire, considered a pioneer within his field, and is considered by many as a genius. The guy, knows he has incredible influence. He knows this, and this is in particularly poor taste, because of the semi recent exploitation of Twitter which resulted in many celebrities getting compromised, and promoting a "double your crypto" sort of tweet which resulted in a lot of people losing their money.

So, I do think his statements recently regarding Doge, and the way he's playing into it is in a little poor taste, but I don't for a minute believe he has sold his Bitcoin, and neither do I think Tesla have.

There is a strong possibility this is indeed true, the actions of Musk are not really making too much sense if we take them at face value, why would he begin to say bad things about bitcoin wen he had a fortune invested in it? The only logical conclusion is that he has sold his position and now he is free to express what he really thinks of this market and its participants.

On the short term this is the right move for him but I do not know if this is the best thing for him to do over the long term, if he comes back to the market because he sees a good opportunity to get even more bitcoin for a cheap price he is free to do so but his power to influence the market is going to be extremely limited as people like us are not going to forget what he did and will not care about what he says as we know he can go back on his word at any moment.

Well Musk tweeted about Tesla having diamond hands so looks like Tesla hasn't sold. Musk may be a market manipulator and not know much about crypto, but he apparently at least knows enough to have Tesla hold onto its Bitcoin. I think at worst Musk may just do what he did last quarter and sell a little bit each quarter to make Tesla's financials look a little bit better each quarter in their report. That way they wouldn't be out of Bitcoin for a few years, and they could even load up a bit more at some point to keep that going even longer.

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.

If you look at it in terms of wealth, indeed Elon Musk will still be strong even though he is hated by bitcoiners because he has given bad things that have had a long impact until now, that's why he continues to make things that can change in the crypto market so it doesn't rule out Elon Musk too can praise bitcoin he is a billionaire who can do anything.

The game in the multibillion-dollar crypto market will certainly have an impact and now it is more focused on Elon Musk who caused it a lot, I believe for now the resentment of bitcoiners is still there because this is just the beginning of the market to be a major crash.

They definitely gonna take profit since that's the main reason why they are involved in the crypto market in the first place but the time of selling their coins is definitely at some unexpected time.
I mean, he becomes a millionaire for a reason and it's definitely not because he's trying to make other people rich as well, if there's slightest opportunity for tesla to gain profit from btc they definitely gonna do it, they are not charity company.

I wouldn’t agree that the two of them are in the same category at all when it comes to influencing the public, and I don’t just mean the general popularity, but also the wealth behind each of them. EM is far more powerful and influential than JM, and while it is true that his actions have definitely angered some bitcoiners - most of them are just ordinary sheep who are not too intelligent to come out of his shadow.

Sure, EM won’t have as much of an impact as before, but far from it he won’t continue to play his crypto games - the smell of the billions of dollars lurking there is simply irresistible - he will milk that cow to the last drop, no matter how much someone loved him or hated in the crypto world.

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.

So it means that Elon Musk is trying to fool us and those tweets are fake? And by simply doing that it causes panic, then he will take the chance to buy at a low price? Manipulation is what you mean?

Maybe you are right as there is no proof that Elon Musk sells his Bitcoin but just only a talk and rumor. It is neither you are right but it still affects badly on the minds of the people and now starting to talk negatively instead of pulling up the market back at high again.

Can we really trust up things in a single sentence? We cant prove out that they havent sold out yet aside with that 10% profit taking which they had announced recently.

Why people are really that depending or circling around on what Elon would say? Sold or not then its not our control because as a businessman then its normal

that you would really be always considering on how to make profits and selling on the coins they had bought would be included on the list.

It’s possible he sold his personal stash of coins as he’s mentioned that he holds Bitcoin personally separate from Tesla. Maybe he used Tesla’s purchase as a pump so he could personally dump and make a killing. It looks like he’s lining himself up to do something similar only on a larger scale with Dogecoin. It appears our friend Elon has decided to use his influence and crypto markets to play around and make billions. Must be nice…

I have talked about how that is not really possible. By the SEC rules he tweeted about "tesla will not be selling bitcoins" already, that is what he did, and if they sold already and we find out about it on the report? That is going to be a huge problem for them a huge headache to have for sure. Which is why I doubt they would.

Do you know how dangerous it is to actually do something you tweet about not doing? This dude made a joke about "maybe we should buy all the tesla stocks back at $420 lol" for 4/20 day but that was a period when he was in talks with some arabic king or someone and people assumed he got a ton of money and the price went up super high, SEC punished him, literally personally, so much that he had to sell off some stock of his own company to pay that. So there is no way he would joke about it again and make that same mistake.

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.

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Why should anyone believe what EM says? The man is more than obviously a manipulator, a liar and he definitely has a much more serious disorder than what he admitted. What is completely clear at this point is the fact that a person like him just wants to earn as much as possible, even at the cost of completely destroying Bitcoin or some other coin. This of course will not work for him, but he has shown very bad intentions towards the crypto community - I would simply call him “persona non grata” and close the door - let him be in the same basket as CW Faketoshi.

what is done as a businessman like @elonmusk is clearly the main objective is to seek profit in any way that can be done. If the government program is profitable, of course he will change the situation to pursue and get his subsidies, because it is clear that the next step will be profitable for him .

We cannot blame an @elonmusk from his side as a businessman, so he is clearly required to be able to contribute to the company under his control. all would do so too, as long as it was clearly profitable.

but sometimes what is said still affects the crypto market, but not everything that is said is the truth. because so far it has been assumed that what is being said will have an impact, so many people follow, in the end, this thing continues and will not end, even though behind it all there is the main goal is to benefit yourself.

@JimboToronto. If Tesla has not sold, another speculation for Elon’s behavior is to improve the company’s chances in their application for entry in the renewable fuel credit market. Tesla has never been a very profitable as an automaker and has been depending on government subsidies.

https://www.reuters.com/business/sustainable-business/exclusive-tesla-seeks-entry-into-us-renewable-fuel-credit-market-sources-2021-05-12/

Tesla bought its $1.5b worth of Bitcoin in December.

Maybe he just wants to buy more at the same price.

They are businessman and this is only business to them, we shouldn't expect that they will put strings on it. I'm sure they alreadh secure their profit and want to buy at cheap thats why we see elon fudding so much to manipulate the market. I believe once tesla will acquire bitcoin again they will start their hype to pump this again.

His ultimate goal is money making. As a part of that he does whatever is required. We can't find precisely what he's thinking. From what I understood he had sold a big portion and will make a buy back at specific price point. He had contributed big in the recent price increase reaching the ATH. Now he's standing as a reason for the crash. This means it is purely money making and nothing else to destroy the network. He's creative for conventional energy and soon I expect him to say "Bitcoin isn't energy efficient" to crash the market hard.

Who knows right? But those presumptions neither be true or not but no one can precisely point out if they had sold it out or still holding until this very moment.

Even if t hey do decide to sell it out then its none of our business since its their money and if they do saw that they are already in profits then why not?
Just like on typical investors where we are free on when to get in and get out of this market but seems people do really love to make some issue.

I really doubt that he has sold after he stated that he didn't, got caught lying would be quite bad for his reputation, though it wouldn't be the first time (remember that incident with divers?). However, Tesla might sell in the near future, Elon is a few troll tweets from Bitcoiners away from snapping and actually doing it. In his recent tweets he showed that he thinks that working on PayPal makes his an expert on crypto, just because both are payment systems, lol.