Bitcoin Forum

Economy => Trading Discussion => Topic started by: DashingAgent on January 17, 2021, 02:36:04 PM



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Post by: DashingAgent on January 17, 2021, 02:36:04 PM
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Title: Re: Looks like Warren Buffet/Elon Musk are making money from Bitcoin to put into..
Post by: jackg on January 17, 2021, 02:51:27 PM
Why would they?

They don't care about the stock market they care about what they have. Throwing funds into the stock market for them, I'd hope, sounds counterproductive and against their best interest. Also the most the have is a few hundred billion, that wouldn't equate to much in the stock market.


Title: Re: Looks like Warren Buffet/Elon Musk are making money from Bitcoin to put into..
Post by: cryptoaddictchie on January 17, 2021, 02:53:51 PM
Maybe they are rich but they are jot the only rich people on crypto space. In my opinion, I know they holding massive bitcoin but there is no logical reason to hoard it and pull it down to drive the price of their stock up. Also if they did, no one can stop them ad bitcoin itself is a decentralized asset where any holder can do on their portfolio. If they wanted to dump whatever millions worth they have they are feel free to do it.


Title: Re: Looks like Warren Buffet/Elon Musk are making money from Bitcoin to put into..
Post by: DashingAgent on January 17, 2021, 03:01:25 PM
Just start the altcoin season and they will be in a total loss

Maybe they are rich but they are jot the only rich people on crypto space. In my opinion, I know they holding massive bitcoin but there is no logical reason to hoard it and pull it down to drive the price of their stock up. Also if they did, no one can stop them ad bitcoin itself is a decentralized asset where any holder can do on their portfolio. If they wanted to dump whatever millions worth they have they are feel free to do it.