Topic: Tesla and market manipulation crime - page 4. (Read 679 times)
Whether the market is being manipulated or not i see it as something that people need to come to terms with, the prices of crypto is volatile and every investor should understand this before investing into crypto.
Everyone was happy when Tesla investing Bitcoin because they know that there's a bull trend waving ahead but when is Tesla deciding to sell their Bitcoin, we think now that they're manipulating the market? I don't see market manipulation here because they'd right to decide if when they will sell their Bitcoin and invest back when Bitcoin will become low price.
This is very common in crypto space now, if we think Elon Musk used his popularity because he knows influencing people is very easy, then it's up to them if someone followed him but at least he didn't make promises such as a good return.
This is very common in crypto space now, if we think Elon Musk used his popularity because he knows influencing people is very easy, then it's up to them if someone followed him but at least he didn't make promises such as a good return.
I don't consider it also as market manipulation given the fact that it is only small percentage of their bitcoin assets. And besides, that is their assets and they can do whatever they deemed is necessary for the benefit of their company. We can't stop this kind of action as companies who are investing in bitcoin have their own plans or strategies to take advantage of this market. But they will not be the reason of the downfall of bitcoin or crypto, because bitcoin has been here even without their participation in the market.
Everyone was happy when Tesla investing Bitcoin because they know that there's a bull trend waving ahead but when is Tesla deciding to sell their Bitcoin, we think now that they're manipulating the market? I don't see market manipulation here because they'd right to decide if when they will sell their Bitcoin and invest back when Bitcoin will become low price.
This is very common in crypto space now, if we think Elon Musk used his popularity because he knows influencing people is very easy, then it's up to them if someone followed him but at least he didn't make promises such as a good return.
This is very common in crypto space now, if we think Elon Musk used his popularity because he knows influencing people is very easy, then it's up to them if someone followed him but at least he didn't make promises such as a good return.
What Tesla did with bitcoin could be considered market manipulation, and that's a serious crime considered by the US government. The fact that the company invested $1.5B and make it public that bring a lot of investors to bitcoin, and after that, we see how bitcoin has a crazy jump in the prize, and now they sold the 10% when bitcoin was on its ATH.
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
From my point of view, there is another perspective that can possibly be the reason. The commonly known Buy and Sell procedure some people who hold bitcoin in a big amount are people who bought bitcoin that is the same with Tesla and Elon they just did not make it public.
Also, there is also one reason that can possibly make the big cost of bitcoin price going down is there is a lot of countries today year 2021 banned bitcoin that instead of them seeing value bitcoin. It is shown as a treat to them which definitely made a big impact which is 6 countries when I search the internet/ Google to my surprise its actually a lot from only what I know there is only one country that is Algeria.
Here is a new article about it.
https://medium.datadriveninvestor.com/countries-that-bitcoin-is-banned-in-2021-a29658d4046f
We all know that bitcoin is worldwide so possibly before it was banned there are actually a lot of people who have bitcoin in this country.
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They are free to buy and sell their holdings at any time time but I feel the way they went about it was wrong. How did they do it?
- Buy bitcoin - newbies join them to buy the top due to fomo.
- Make profits and sell Bitcoin while creating panics amongst those newbies.
- Buy back those bitcoins at $47K during the last correction.
I used to think Elon Musk was against shortsellimg an asset until tesla pulled one off.
Your above statement and your second statement is entirely polar opposite. You said there is nothing wrong in trading but yet you are claiming but they did manipulate the market. It was an huge investment and they are free to do anything with their money and none asked any newbie to join the market and when they invested they never promised to hold for N number of years or days. They are free to buy and sell their holdings at any time time but I feel the way they went about it was wrong. How did they do it?
- Buy bitcoin - newbies join them to buy the top due to fomo.
- Make profits and sell Bitcoin while creating panics amongst those newbies.
- Buy back those bitcoins at $47K during the last correction.
I used to think Elon Musk was against shortsellimg an asset until tesla pulled one off.
Elon Musk never cared about his company trading value and have you seen him manipulating that market as well
and if that is the case do you think he will care any less for the cryptocurrency market. 
anyone has the right to sell at any point in time unless there is a law that states how long you can hold before you sell. i dont see it as market manipulation way. even if they are charged, i believe they will win. what abut others that bough without making announcement who would charge them for selling ?
Absolutely they have money invested on it so expect this selling scenario with them although we know how influencial they are I think we should treat their selling time as normal since they are also the same like us where if we already get a profit we sell it. Maybe there's some part that their top person hype it up but for me its normal.
~Snipped
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
Even though Tesla would deny it, they actively participated and manipulated the market. Tesla is one of the last few companies that have invested in bitcoin yet they were one of the first to take out a huge junk of their investments shortly after they saw it appreciate enough for them to take profits. They are free to buy and sell their holdings at any time time but I feel the way they went about it was wrong. How did they do it?
- Buy bitcoin - newbies join them to buy the top due to fomo.
- Make profits and sell Bitcoin while creating panics amongst those newbies.
- Buy back those bitcoins at $47K during the last correction.
I used to think Elon Musk was against shortsellimg an asset until tesla pulled one off.
anyone has the right to sell at any point in time unless there is a law that states how long you can hold before you sell. i dont see it as market manipulation way. even if they are charged, i believe they will win. what abut others that bough without making announcement who would charge them for selling ?
It is clear that tesla is doing market manipulation. These large companies have the confidence to lead people with their behavior. It also has the power to direct the market. Therefore, it is a complete manipulation that it makes such high purchases, directs the market, attracts investors and now selling at the new ATC price. it's also the same what elon musk did for dogecoin.
Is there any reference telling that Tesla has sold 10% of the overalls because and according to the Tweet of MUSK they have not sold any of them BTC.
Generally, even if they sell, btc price is high and if you have purchased since the date of the announcement is still gaining gains and if you have bought from the top $ 64,000, you can not sell and leave the market.
If Bitcoin changing because of news about Tesla, they you should sold all your bitcoins
Don't say bull shits bro, Elon Musk admitted himself on twitter that Tesla had sold 10% of its BTC holdings. He just said he didn't sell himself his own personal BTC holdings but Tesla, his company has sold 272 million USD of bitcoins during the first quarter of 2021.Generally, even if they sell, btc price is high and if you have purchased since the date of the announcement is still gaining gains and if you have bought from the top $ 64,000, you can not sell and leave the market.
If Bitcoin changing because of news about Tesla, they you should sold all your bitcoins
https://www.coindesk.com/tesla-sold-bitcoin-in-q1-for-proceeds-of-272m
Elon Musk @elonmusk Apr 27
No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.
https://economictimes.indiatimes.com/markets/stocks/news/elon-musk-says-tesla-sold-bitcoin-to-prove-liquidity-as-cash-alternative/articleshow/82272013.cms
Promoting an asset without disclosing your position would be considered an offense if that's what you believe he did.
What Elon Musk is doing with Dogecoin sounds more like market manipulation to me. In the end the Dogecoin bubble may burst and I'm sure not too many will be happy about it. Dogecoin can't grow without pump support.
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Those who are investing in crypto have to deal with the market risks. That is like a statement that enthusiastic newbies forget before they enter.
All the while the market price of BTC and DOGE were rising, nobody seemed to accuse Musk for the same but considered them to be some Cosmic fortune teller. But they have been manipulating the market for a longer time, not today.
And since the SEC does not look into regulation or in fact nobody regulates crypto, this is not coming under any criminal code. Had it been the stock market, things would have been slightly different.
Bottom line for all traders, you are responsible for your trades. Humans tend to blame others for their mistakes but that is a wrong approach in trading.
All the while the market price of BTC and DOGE were rising, nobody seemed to accuse Musk for the same but considered them to be some Cosmic fortune teller. But they have been manipulating the market for a longer time, not today.
And since the SEC does not look into regulation or in fact nobody regulates crypto, this is not coming under any criminal code. Had it been the stock market, things would have been slightly different.
Bottom line for all traders, you are responsible for your trades. Humans tend to blame others for their mistakes but that is a wrong approach in trading.
If it's not Tesla or Elon who bought 1.5B worth of BTC and sold 10% and then bought again, would there be someone we identify he manipulated the market? it's the same situation that we buy at a low price and sell at ATH.
the laws may be different in some countries but a rich man like him could get away if he really violates such law. it could be something else if he sold 100%.
What Tesla did with bitcoin could be considered market manipulation, and that's a serious crime considered by the US government. The fact that the company invested $1.5B and make it public that bring a lot of investors to bitcoin, and after that, we see how bitcoin has a crazy jump in the prize, and now they sold the 10% when bitcoin was on its ATH.
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
Was there any legal requirement and agreement that Tesla will not sell their bitcoin holdings ? I guess No.
So if they sell 10% of the holdings at all time high or sold all of their holdings, no one can charge them for this action. Tesla is a money making organization and hence they can make money by buying selling bitcoin holdings, although morally it is not good.
I don't know why this is an issue, I don't think 10% out of out Tesla's bag of btc is such a bad thing, even if they sell to take profit, they still hold 90% of their investment which is more than okey, between they also provide opportunity to buy Tesla with btc which will increase liquidity.
What Tesla did with bitcoin could be considered market manipulation, and that's a serious crime considered by the US government. The fact that the company invested $1.5B and make it public that bring a lot of investors to bitcoin, and after that, we see how bitcoin has a crazy jump in the prize, and now they sold the 10% when bitcoin was on its ATH.
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
Was there any legal requirement and agreement that Tesla will not sell their bitcoin holdings ? I guess No.
So if they sell 10% of the holdings at all time high or sold all of their holdings, no one can charge them for this action. Tesla is a money making organization and hence they can make money by buying selling bitcoin holdings, although morally it is not good.
There is that sense but bitcoin is a decentralized crypto and market, does the FBI will still intervene with that? probably yes, to protect the investors and its people.
But it should be black and white and FBI should collect some serious evidences and proof about it.
But it should be black and white and FBI should collect some serious evidences and proof about it.
What Tesla did with bitcoin could be considered market manipulation, and that's a serious crime considered by the US government. The fact that the company invested $1.5B and make it public that bring a lot of investors to bitcoin, and after that, we see how bitcoin has a crazy jump in the prize, and now they sold the 10% when bitcoin was on its ATH.
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
As a reference, I will leave this link: https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/market-manipulation-pump-and-dump-fraud
So, the question is, did tesla make market manipulation and you think the company will be charged for it?
I think this matters depends on an individual's point of view. Tesla only stated the truth that they invested on Bitcoin and never said anything else. They don't say Bitcoin will increase in x% or will be pump nor hype the market according to their gain. They just release a news that they had invested and there is no lie in it. If their reputation enable other investors to invest heavily in Bitcoin, it isn't Tesla's fault since Tesla never said directly to anyone to buy Bitcoin. The increase of price of Bitcoin is just a natural course of market when one reputable company invested on it.
Since I started my crypto journey, there have been calls of individuals or what we call whales during market manipulation, but we haven't seen anyone persecuted against this fraudulent practice.
So for me, yeah they could have been manipulating, but can anyone do about it? Go file cases against Tesla or Elon Musk? Maybe what they did doesn't sit with some, but just like every other else, they are here to make profits.
So for me, yeah they could have been manipulating, but can anyone do about it? Go file cases against Tesla or Elon Musk? Maybe what they did doesn't sit with some, but just like every other else, they are here to make profits.
First of all, bitcoin is not illegal, and therefore anyone has the right to invest in it given they understand the risk.
They too the risk for investing in crypto, and that's alright, there's no crime on that.
For most of us, maybe we believe that Elon is manipulating the market, though indirectly by using his influence, that's it, that's normal in crypto space, besides he did not promise anything, he just open to the public what he did and the public followed him.
They too the risk for investing in crypto, and that's alright, there's no crime on that.
For most of us, maybe we believe that Elon is manipulating the market, though indirectly by using his influence, that's it, that's normal in crypto space, besides he did not promise anything, he just open to the public what he did and the public followed him.
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