Bitcoin Forum

He just admitted he sold his BTC and to who, to Randy Raccoon the scammer whale, lol, this guy is lost and has the brain of a kid by his childish actions :)

Somebody save him before is too late! He is a helpless clown now. Let's save Elon, he needs help!

https://twitter.com/elonmusk/status/1394014053580910595

Elon can go fuck himselves for what he's doing. As much as we love to see btc going higher, like after the february elon tweet, i hated the fact 1 idiot can influence btc so much. Not good. We need to forget about Elon and move on.

LOL, You're the only one panicking.

Maybe you should  check yourself in for a 72 hour evaluation.  ;)

Elon is still a Multi-Billionaire, so he is doing fine.  8)

How is it going for you since you put all of your eggs in only a BTC basket?
BTC has lost ~$15K verses fiat since you did that.
Maybe Diversifying would have been a smarter move.  :)

FYI:
For the Newbie, anyone in Crypto knows that their is a Boom Cycle and a Bust Cycle.
Boom Cycle usually last 3 to 6 months, which is where we are at now,
and the Bust Cycle lasts 3 to 6 years, which we may be headed into a bust now.
* Bust cycles have been getting shorter.*
If you feel strongly in your convictions, then Hodlz for a few years, if you are fearful, then you were over extended to start with.
Oddly enough Doge is weathering this cycle better than BTC, as Doge Price verse fiat is relatively stable.

What are you reading? He didn't say he sold and definitely didn't say he sold to @cryptowhale. Cryptowhale was joking with a scenario that could happen and Elon went along with the trolling by threating to sell. You are the one fudding in here, either on purpose or by accident. Read it again with the context.

I never said he sold to him, I said he admitted to him, read twice and then make statements.

Oh, sorry, i read that again and you are right. I stand corrected. I've seen too much fud today. I maybe need to take a rest before commenting.

This is good, after the dump is confirmed, Elon will no longer have power over Bitcoin, at least not on the same magnitude. And Dogecoin is turning into Bcash 2.0, it's the same stupid big block idea resurrected after 4 years, now with a prominent billionaire behind it.

The contradictory statements of this guy are really surprising. But since we all understand that he has not gone crazy, it means that there is some meaning in this, apparently understandable only to him and the board of directors of his company. As for trust, and even more so some authority in this area (cryptocurrency), this is definitely lost forever. I don’t believe any of his words anymore.

Okay then we're going to see the market goes on again on its own but a better place. Let the dump come as he wants that to happen and get those bitcoins that have been sold. We don't have to save him, what we need is to save bitcoin for ourselves so that there will be lesser for these manipulators to hold bitcoin. To those that don't like what they're seeing, it's now time to go long term and just get back again when the market becomes stable or if you're irritated with the drama, leave the market for awhile and don't look at the charts.

Eh, Elon makes such type of jokes many a times, we shouldn't take him that seriously, after all he's a down to earth guy with good humor, what's bad in it? If Elon replies to a scammer, doesn't necessarily mean he supports him. I have doubts with a bit of inclination to the belief that Elon probably doesn't even know the guy he's talking to, he just replies to tweets he finds interesting. Elon is okay, he doesn't need help, he has got too much money to actually go mad ;D

It's a good pump when Elon or Tesla invest in bitcoin and now this happened which I think just a market manipulation, I mean reason about fossils fuel dumps everyone knows it, I'm pretty sure they already know about that even before they started investing in bitcoin.

Still, I don't think that this will stop bitcoin from reaching the moon, bitcoin is already in a long way reaching up to around 45k$ even without Elon musk's tweet or something, people should stop taking him seriously I mean that is why is so influential in the cryptocurrency community.

But overall it's a good thing not having Elon musk into bitcoin because we don't want any manipulation in bitcoin, maybe he could just do that in DOGE coin because doge coin doesn't have a utility and he might give it a utility.

Actually Doge does not need big blocks, by having a 1 minute block speed ,
Doge produces 10 blocks in the time it take BTC to produce 1 block.  :)

You would really be expecting different impressions towards his tweet, some doesnt mind and some does take it seriously and panicking it out and telling negative things about him.

Its clear that those are just assumptions of Tesla would be selling out their holdings but honestly we dont know if he had already done it or still holding but considering on the current price drop
then its really hard to tell.

You are right about those type of jokes but it turns out that not everybody had been pleased.

That was only trolling by Elon Musk. I don't even know this cryptowhale guy but from what I can tell from the conversation Elon only replied as a joke.

Elon will be always Elon, with his trick.
Whatever he is doing,  everything will be big.  Can't we at keast not talk about him or even respon his decision? 
More talking about him,  he will be happier and encourage himslef to do something more again.
Maybe he think that now he hold the only power and the only one who can control crypto. 
Whatever he did,  let it be.  Never panic on it

If he really sold and that's all it could do to the market it's actually pretty good news.
Many traders were pointing out that a reversal to 43k could be in play for some time now. It doesn't matter if it happened with Elon or without him, there's no reason to panic. Fundamentals are as strong as they were when it was sitting at 65k and all the technicals are showing is the end of the first bull wave. In all previous bull markets there wasn't just 1 wave.

For someone like him with billions but has no freedom to do everything, it's going to be frustrating and I can understand if he going crazy every day. He knew from the start mining BTC needs energy, miners are using green energy and some still use coal. So what? His electric car even uses coal. He is delaying the adoption of BTC.

well i just saw that tweet today, so do you think or the person reading this post will it have a big impact on btc?
I mean even if Tesla were to sell all their coins whether it would impact bitcoin directly, the tweet said Q3 would be a huge dump for bitcoin.

Not technoking, but the king of the hustle.
The jig is up, Elon.


Elon always has been mad. And no - nobody needs to save an immature, narcissistic grifter.

How long has he promised full self driving and robotaxis?  Always postponed -oh yeah, hey let's save the world, go to mars!

His deal with China is starting to sour, puts up the crypto smoke and mirrors, trying to obfuscate the real issue of an overvalued EV company.

He managed to gain some profit last quarter with bitcoin gains - enough to secure his bonus.

Then there is neurolink, spaceX and boring company and DOGE!  All red herrings.

He has officially started a losing battle with the BTC crowd, guaranteed to flame his relations with China.


What surprises me is that it is only NOW his fanboys are discovering the con man to be the fraud that he his.

.

Musk is like the Donald Trump of the tech industry, every day he is making another crazy unhinged tweet just like Trump always used to do before he got banned from Twitter and Facebook.

It's time for Jack Dorsey to ban this crazy fool like he did to Trump!

Did he really say he sold his BTC? I cannot seem to find it. But if he did, I don't care much. It bothers me a little, of course, especially because Elon has a multitude of blind followers who would mindlessly follow even the most ridiculous of his tweets, but Bitcoin is much much larger than Elon and all of his followers combined.

As a result, the price would normally go down as the total of Elon and his followers' Bitcoin holdings may be significant, but this is very temporary. As soon as Bitcoin has already shaken off the last of the spaghetti hands, the price would be expected to gradually recover.

Where is the admission? I'm just curious as to how someone could assume that it happened. For me, I look at it as a troll reply or something. You would reply to someone thinking that he knows what he is doing and what Tesla will do with their BTC stash.

He pretty much can do anything he wants, lol.

Pretty much the same thoughts with Darker45 on this matter.

Elon Musk is the new clown of cryptocurrency right now. We've seen some clowns already.
Roger Ver, Craig Wright, John McAfee. Add more if I forgot some.

Why save this helpless clown. Let him do what he wants and suffers if he really needs to. One thing more is that, we've seen Elon tweeting some nonsense and fake stories already in the past and he said in his post that he will not sell his Bitcoins.

Overall, I don't want to think that this is already the start of the new trend after weeks of the market going up and up and this might be a way for the market to shake those weak hands. Lets take every bad news as an opportunity to buy some at a discounted price :). As for Elon, fuck him.

We all can be mad at Elon. But all he is doing is exposing all the flaws and how it is not smart to invest on a celeberty word. And he is going to keep doing it till we stop reacting to him saying a coin/token. I think he truly belives in the Defi system and he is fixing it his way.

In my opinion Elon musk is still a smart person. I also still believe that he like bitcoin and blockchain technology, I think he will not leave bitcoin market. An expert like him have to make decisions based on many consideration. I personally buy bitcoin for investment, I looking for profit from it. I sold all of my bitcoin but I don't leave bitcoin investment, I just trying to get better possition in trading. So I will buy it again at lower price. Using popularity to influence the price of stock or cryptocurrency is not good.

elon just activated the bear market. we are compromised, elon owns the bitcoin market. the government doesn't have to get in because elon can just fool around and destroys the BTC market by just a tweet. damn was anyone been that powerful.

but he will really upset everyone in the community, crypto is a religion. he has to believe this because you fuck BTC then you fuck all.  ;D

What a clown, he wants to make money for himself without even thinking other people.

After he setup a hype then he will leave us all, what a shame, hoping that he can make him money grow more with that.

We just really need to keep ourselves from those hypes, we need to make our fundamental analysis much stronger.

agree with this many people already try these market manipulation tricks a lot of times for profit
but the cost of the profit came from those small-time investors
Bitcoin is a community-driven coin while anyone can represent it, the community can also retaliate
I thought Elon will become one of the mascot (Representative) of Bitcoin
But it looks likes he also wants to become a clown

What a crock of shit.... really. Do you get this "Cycle" fud from TikTok or Youtube videos or do you actually do some proper research before you post nonsense like this?

You must be some shill from the old fiat financial sector or some old school financial advisor, because we know for a fact, Bitcoin does not follow a specific cycle or Boom..Bust pattern. ::)  (The Halving influence is the only set pattern and it's influence are very small)

You Elon Musk fanboys will follow him into the fire and then boast about this on social media.  ::)  A Billionaire make mistakes like all of us and I can tell you now... Elon Musk is going to regret his actions... very soon.  ;D

The Elon Musk fanboys will be the first to get the brain chip, guaranteed.

Someday, I hope, there will come a time when people will stop listening to Elon and will not take his every tweet seriously. The billionaire is having fun. And everyone who listens to him shoots himself. As long as the crowd effect works, manipulation and speculation will flourish.

Elon  what is doing nobody can tell this now. As need to forget about Elon.  as we love to see btc going higher, like after the february elon tweet, i hated the fact 1 idiot can influence btc so much.

Elon is doing what anyone with influence is doing, just trying to manipulate his followers to make money for himself. Even though BTC dumped, but over all market sentiment is still bullish and I have personally seen people asking others to buy some Bitcoin in the dip.

I agree with people - forget about Elon Musk - he makes rockets well, the rest is just his personal opinion is not always adequate. He's hardly crazy - we just need to pay more attention to the cryptocurrency market, our own actions and our own wallets, and not try to relay the person involved in the cryptocurrency market, no more than each of us.

or maybe you can buy more when the price of bitcoin is still down, it's great if you believe bitcoin will come back up because it's always been as bad as bitcoin fud is, it can still recover sooner or later.
I also still hold some of my altcoins.

Did you see any big BTC transaction on the blockchain?
Since when a tweet is a proof that Bitcoins were actually sold from person A to person B? ;D
Elon just keeps trolling,but we are guilty for giving him way too much attention than he deserves.
The crypto community has become hysterical.The current price drop would have been way smaller,if we didn't pay that much attention of Elon Musk.How,he will keep trolling for months,threatening to sell his BTC and therefore keeping the BTC price in a bear market.

No. There was no statement that Musk sold his Bitcoins.
It is just the news the makes it look like that he sold.
Look at this Twitter reply of Musk.
https://twitter.com/elonmusk/status/1394170030741413888

Some people are too over exaggerated when it comes to celebs' reaction. Tesla just pulled out Bitcoin payments and media is like going crazy already all over the internet while at the same time some of these people are making the big deal out of Musk's simple tweet.

Either way let's not focus too much on Musk and Tesla, they can just manipulate people's reaction but not the market itself.
It's not like they hold more than half or even half of the supply of Bitcoin anyway. :D

From all of Elon failures, he managed to survive them all. Elon doesn't need any help from us. If he can influence the market and crypto enthusiasm by his doing like Doge coin. He can manage again to overcome from every odds today. For me even he sold his Bitcoin, he is still belong to the top richest man on earth. With or without Elon, crypto must go on.

Well, Elon Musk was manipulating the market from the very beginning the moment he starts tweeting and promoting BTC in his social media account benefits all the BTC holders by gaining huge amount of profit because of him. So if he can pump the market just by doing that then he can obviously do the opposite thing which is what happened right now.