Bitcoin Forum

Elon Musk won't sell his bitcoins, he tweeted this and we see no big movement in the market. There was a time when his tweets had big effects on the market. This guy is losing his value by promoting Dogecoin.

https://i.imgur.com/w0WHND9.png

Yeah, he won't sell his Bitcoin or his shitcoins, who cares. I think that in this forum we don't really care what he says, although it must be recognized that he has a short-term influence on the markets.

I hate the way he’s grouped Doge in with Bitcoin and Ethereum. Perhaps in a devious way he’s trying to associate Doge with the big players in the crypto game ? I’m sure he knows the difference between Bitcoin and Doge and perhaps he’s realised he’s got millions of useless and pointless Doge and is working on a way of dumping it  :)

Since it's a reply from a tweet, wouldn't it be less exposed rather than tweeting it normally? Like starting off that certain thread?

For sure we don't care that much but the majority of people do. (Probably before especially when Doge was hyped) but not now, I guess.

Why would Elon Musk even sell his crypto? I am sure that he has plenty of fiat money and holding or loosing money in crypto will not effect his  wealth. The only reason why he would do it, is to troll crypto community. Also I think that he has friends, that hold crypto, but are not as rich as he is. If he triggers crypto price drop, his friends financial stability might get hurt. But in general I think that he is not interested in crypto as much as he used to be.

He said he did not sell his other coins, including Bitcoin. But it doesn't matter to us. His popularity is not the same as before and no one trusts him like before and neither do I.  So there is no good or bad effect of the market in his tweet. he he. I think he has lost a lot of money by buying his fucking shitcoin which is why he has started posting about his Dogecoin again and trying to fool people into buying those coins.

Who cares? It's your coins so it's your right to do anything whatever you like, Elon Musk can't control Bitcoin... if he want to control Dogecoin then I will let it be. It's just shame how many his followers really following his words, anything he wrote doesn't really mean he will do same. Just like people texting laugh while he actually under depression or crying.

there is another issue about bitcoin, yes, by a public figure who makes the price unreasonable in meme coins. When other people think that Elon Musk's real assets are selling his house and other assets for crypto exchange at that time.
and until now he still owns and holds it. I think this issue when it appears on twitter there will be a reaction in the market even if it is not long term. I hope the btc market will improve again and penetrate ath this week. fundamentals are not everything but at least there are the benchmark of the past (past transactions of a news) and I hope it will pump for bitcoin despite a deep correction

I believe you are right and no wonder that we can see some posts here where people now want to believe that Dogecoin is equal to Bitcoin because of people like Elon Musk and his Dogecoin rhetorics. I believe he feels if he throws Dogecoin in the same sentence with Bitcoin and Ethereum and something might happen with the price, else he would have just tweeted about Doge alone even though I don't think his focus is about selling but Hyping Dogecoin again.

Elon Musk had a big impact on the market at the beginning of the last bullrun, but now his tweets don't have the same effect on people as before. Although if he wrote that he was going to sell all his bitcoins, it would definitely have a negative impact on the market. The fact that he's not going to sell doesn't mean anything.

No doubt he has some control over price manipulation, so I always try to avoid the coins he holds. But not for Bitcoin which I hold tight. Because Bitcoin still has manipulation resistance than the shitcoin he holds. Trying to avoid what he tweeted is the best option for our investment, however long term investment should be able to get out of the price manipulation action.

That's what it means he just put some sugar-coat above to make it look like a regular tweet for some advice but in reality, he's trying to fool us by putting his Doge in the same place with those two current heavyweights in the crypto market. Just like his other tweets, he is trying to prepare something here which means we need to avoid this man's claim, or else we might fall to his investment strategy and will become one of his helpless victims.

It is quite reasonable that he is not selling any of his bitcoins and other altcoins because like us, we don't either want to sell it for this prices.
Can't argue about the fact that he can really influence the market, mainly dogecoin. But yes mate, who cares about his crypto possessions.

Which is good.  Glad we are finally over with one day pumps.

But I take what he says with a grain of salt.  Remember he knew he had a specific impact on the markets depending on his tweets and yet he continued to manipulate them.  Had he used this manipulation to his own advantage, who the heck knows.  He would never admit it anyway.  How I see this is, he might only attempt another manipulation.

And besides making dog breed coins a trend, why are we giving him so much attention again?  He mostly contributed to manipulation and pump and dump schemes.

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Regards,
PrivacyG

Don't know if those one day pump days are over or not. Currently, the market is very volatile not only because of the war but also we are about to hear the interest rates increase announcement by the USA soon. This may further push back the bitcoin prices. In these times, this tweet by elon musk has no effect. In a bull market, we might have seen the different reactions to this tweet. What we know now is that Elon Musk not only hold bitcoin and dogecoin but he also hold ethereum ( he never disclosed this before)

Actually he still thinks he has the same influential status in the crypto market from which he can turn on the stones into his side for his personal benefits but actually the self proclaimed genius is unaware about the fact that his short term influence is over bitcoin and now true bitcoiners don't give a shit about what he say.

He owns doge,want to make it official coin of mars his alien colony by 2024 and accepts it as payment for his company but the fact it's shitcoin doesn't change and the ETH have no positive impact on gas even after the latest hard fork which burns the coins.

He is actually trying to play double sided games by advising people to invest in some commodities rather than investing in bitcoin so that some price dips could make his position strong by accumulating more at low price levels.But if you are wise enough you don't get advices from people who don't understand it.

Once China was the main source of spreading FUD among the market like they have banned bitcoin several times causing dumps each time.They kick out the miners and the hashrates dropped but after few time everything becomes normal and now they are not China's monopoly.But the world now doesn't care about China at all so is the case with Clown Musk also so let him swing his way.

If your bitcoin investments are influenced by some other people then you should not invest in it because even if he sells the market would not collapse forever while the world is on verge of adopting it.So if you understand how the bitcoin growth is increasing you would not sell any soon.

I'm not sure what he thinks but yeah, Elon Musk had nothing to prove from us. Even he had a lot of Bitcoin and shitcoins in his wallet, we actually don't care. Well, if he doesn't sell, then that was okay, he knows what he is doing, I think. It was his decision anyway, we can't force him to sell either /or maybe he has a plan in the future and saying he and the Tesla company accepts Bitcoin again.

Or he maybe he believed that that tweet would make everyone, especially the plebs like us, to FOMO like his announcement during February, 2021. The difference is we might be entering another long bear cycle, which placing your bids near the 200-weekly SMA might be a golden opportunity.

Elon Musk is only one of whales on the market. There are not many whales that own 1000+ Bitcoin according to https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

However, it does not mean Elon Musk is the only whale who can have more than 1000+ Bitcoin. Honestly, I don't care whether he owns more than 1000 Bitcoin or not. He can be one of most famous whales because he has 2 big and famous companies behind: SpaceX and Tesla and huge followers on Twitter. Fortunately, if a nation in which very high hash power of Bitcoin located like China can not shut down Bitcoin network, Elon Musk can not do it. What people believe in is his tweets (do you can verify the truth of such tweets) and react or over react with his tweets because they are too vulnerable mentally as well as too speculative on the market.

Keep it simple with Bitcoin: invest, DCA if possible and HODL as strongest and longest as possible. You will see good price to take profit.

Musk and news involving him never had any significant effect on bitcoin price though. The biggest thing we had was a drop after his FUD which was tiny but then Chinese FUD started and drop became bigger so a lot of people think he caused it!

Right now, even Musk is moving towards the topic of the war in Ukraine, so he doesn't have much time for full-on hype over cryptos anymore. Not to mention that the topic must be hot to reach enough people. The screenshot shows a tweet that got 38 thousand likes in 7 hours, whereas Musk's most recent tweet regarding a challenge to Putin over Ukraine got 30k likes in half an hour already.
So there's just less hype over the crypto market and over manipulations on the market, and people got used to Musk commenting cryptos, so the marginal value of such tweets of his decreased.

This is nothing to pump. Always won't happen as well. If he wonders to sell then dump would happen since he is holding a big amount. Or if he announce to buy then it would pump as well since he is a whale. This tweet would affect if the market was on an uptrend. But the current market is on a downtrend that's why it doesn't affect the price chart. Also, many investors don't follow him right now, for example, I do not follow him anymore. I think this is the reason why sometimes price not pumping based on his tweets.

I can still remember the time where every tweet of him will have a huge impact in the market. That isn't the case anymore because..... investors already know what they will do.
He isn't that influential anymore in the crypto space. He will be just one of the popular investors out there who will continuously tweet and shill whatever the hell he wants to. In the end, whatever he will do will not have any effect in the market anymore or if there is then its only small.

A few years from now, there will be another popular influencer that might do what Elon Musk did to DOGE but this time a different coin. Still, I will not believe in what he said regarding him not selling his Bitcoin. There will be a time that he will eat those words and will sell it especially when the worst thing comes.

This mean people who have Bitcoin are strong hands and not a newbie anymore, such news should had no impact to Bitcoin's price. Those influencer/celebrities thought they've sufficient followers to control their minds and the market, they want to take advantages to pump and dump Bitcoin. When they want to buy Bitcoin, they create fake news about Bitcoin consume a lot energy and told he sold his coins. When they want to sell Bitcoin, they pretending to be Bitcoin's supporter and hold until it reach new ATH. Pathetic.

He was really trying to make something different with Doge and ,He was really become succed to get Doge a good level though its a meme coin .Investor were thought there will be really massive with the Doge but still its a meme coin .Now he is saying to hold his btc and the result is nothing change on the market .The community just take his tweet now as a ordinary tweet .So there is nothing changed on the market after doing his tweet .We need to follow our own research and tricks not Elon's tweet .It will help us to get a good level .He can do many tweet but i think the result will be the same on future just no movement .I am still holding my btc ,its only my tricks not want to follow Elon more .

Maybe those who care about Elon are people who have fallen into the trap of Dogecoin's price game, so like it or not, they will take risks as followers who want to be tweeted every day. As far as I'm concerned, people are now following him not because of the famous Tesla or Space X project, but because of being entangled in the 2021 DogeCoin price.

I think the benefits of Bitcoins and other cryptocurrencies became clear when Russia attacked Ukraine. At the same time one should also understand that Elon Musk have a lot more wealth than us, therefore he can not only sit back and relax at the moment but he can also afford to invest without having to think about selling them, when we talk about the same thing in regards to normal working class, trading might be the best proposal if they find holding onto their bitcoins too passive.

Also Elon Musk might have some bitcoins but what about other coins he pumped and dumped ? What about the other markets he gained profits from ? What are the chances that this tweet is nothing but the continuation of what he was doing and he is just trying to pump the price making it more beneficial for him in the long run.

That's good, Elon has influence in the crypto space, at least this tweet made people remain confident especially those who followed him during the hype of DOGE. Elon said he still hold these assets but he doesn't say how much he is holding, so there's still a possibility that he already sold some especially DOGE which hype is already gone.

A man estimated to have a net worth of about $220 billion is certainly not dependent on crypto assets worth perhaps a total of $1 billion. In addition, we have previously concluded that his actions only angered the crypto community, and many lost a lot of money because of him. His statements that he still holds crypto certainly have no impact on the market, but if he had published the opposite I believe some would have panicked quite a bit.

A man who needs to be constantly present in the media obviously has some sort of disorder, and besides if anyone has had a chance to watch any of his interviews, his knowledge of cryptocurrencies is at the level of some slightly more advanced beginner on this forum.

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Perhaps some of his actions will be clearer to you if you understand his connection (https://fortune.com/2021/08/18/dogecoin-board-vitalik-buterin-billy-markus-ethereum-founder-elon-musk-crypto/) to both altcoins he always mentions.

He is panicking from tidal wave of inflation that is coming, nothing more could be taken from this question on a tweet from him that was asked before this one above was put out.
Anything he says is pure fallacy and not to be taken with any merit and is just twitter shilling towards his own agenda.
I have stopped listening to him at this point as my last response to the threads I have on him was back in November & August of last year:
https://bitcointalk.org/index.php?topic=5336007.160 & https://bitcointalk.org/index.php?topic=5310742

@Lucius
Yes he has a disorder called aspergers just like Greta Thunberg has.
Not certain if this disorder causes individual to crave approval from different outlets such as social media. But that is what he has.
https://www.theguardian.com/environment/2019/sep/02/greta-thunberg-responds-to-aspergers-critics-its-a-superpower
He had mentioned this for the very first time on his appearance on Saturday night live late last year.
Along with the "I'll sell some doge to my mother" joke which caused it's value to spiral down.

Anytime you see Elon tweets related to bitcoin, doge and Ethereum, try and go through the replies below his tweet, you will have pity for lots of people who lose money through crypto just by following Elon tweets. Normally, he isn't to be blamed for the casualties, how people swear on him for losing their homes and life savings but in some ways, he was the fuel who form the 3 components of fire.
People are lazy and make stupid decisions, instead of them to focus on research on the doings of bitcoin, they would rather follow a recommendation, they always forget that the riches get richer without doing anything.

He's emotional and likes when community praises him. Doge community would kiss his feet if they had a chance so Musk has this strange guru and his cult relationship with them. Remember how he got angry when Bitcoin community criticized him for pumping and dumping Bitcoin in a matter of weeks?

I think that Musk is doing a lot of great things, but he is also autistic and you can see it in the way he runs his social media.

With his sheer influence on social media, lots of people are actually clinging to his advice. Remember the time when he tweeted in favor of DOGE coins? The price of the latter skyrocketed to the point that lots of people profited from that time. From my experience alone, a friend of mine had like $100 worth of DOGE and after the tweet of Elon, he profited like $800+ on a single day, in which he immediately cashed it out.

Though we do not actually care about his choices, we cannot ignore the fact that he has great short-term influence (like you mentioned) on the market that could potentially dictate the price of these cryptocurrencies.

Whether we do like it or not which these simple tweets could neither be giving out some effect or not in the market and we've already able to experience that multiple times.

About this tweet though then this is where we do agree all about against dollar or inflation in general.We do have our own choices on how we do handle out our assets
not only on those typical or traditional stocks and estates or something but also in cryptocurrency as well.Diversification is recommended.

Believe me, when Elon Musk first put bitcoin on his Twitter profile, bitcoin pumped 8000$ in a single day. If he had kept that slogan there and supported bitcoin only, people would have worshipped him. But he took the wrong path, get rid of bitcoin, and started promoting Dogecoin.

What is said; is said! To be honest we are tiny piece of shit in front of him and can’t fully ignore him or his tweets. Money is the power and fame is the name of game. He holds the best power spells in entire universe so make no mistake of ignoring him.

We are the one who witnessed his influence. Was it short term? We don’t know that for sure. If he is still holding them then he has got good plans ahead. He believes into something and he will make more investment when time is right.

Imagine: he tweets now you can send bitcoin anywhere in the world as I have connected the blockchain via starlink. Boom there goes million bucks in our pocket.

Though funny, but we had pandemic, we have war on going so hell why not imagine some positive vibes from this guy!!!

And now, Musk is challenging for a one-to-one combat with Putin. And the prize is Ukraine. Don't know if he is serious here or not.

https://www.independent.co.uk/tech/elon-musk-vladimir-putin-fight-russia-ukraine-b2035258.html

But going back to his tweets regarding crypto, I believe, the impact is not the same as before. People are learning. He can't create much hype anymore in the crypto market. But still good for the promotion of bitcoin or crypto.

Elon Musk was a prominent market predictor for certain period of time.This was real until the promotion of dogecoin made by Elon.Elon may be the maximum share holders of dogecoin.After some huge dump in dogecoin, people lost his trust towards both Elon and dogecoin.In his tweet, he also mentioned the bitcoin, Etherrum. When the price of bitcoin in that area alone this wallet.

I doubt most of the forum members that have been here for a long time take him seriously at all, but for the newbies and those that like meme coins then he is their hero, whatever he says causes a reaction in those coins, so while his level of influence has without a doubt decreased the influence he still has is considerable.

With that being said, at least he is sending the right message, at least when it comes to bitcoin, since it would be a mistake to sell now when the right move is to hold our coins and if possible to increase our holdings.

 The problem with Elon Musk is that he thinks of himself too highly. Which makes it a bit harder to like him. I mean he is doing all he can to actually help the world when you think about it, electric cars definitely is a good direction for climate change to get better, and so is solar panels as well, and even finding alternative planets to live which is the end game for spacex. So all in all if you look at what he does, I would say he is actually on a long term trajectory to be helping humanity survive. However, his character really makes it hard to like him, dude is a horrible human being as soon as he opens his mouth and that is a very tough thing to say about someone who is trying to help the world.

I don't think Elon Musk is losing convincing through his tweets. Rather he is helping to make the atmosphere of uncertainty no darker. We are witnessing that the support of the bitcoin price is at $38,000 and if the price goes down even further, many monetary and confidence losses will occur.
So there is a lot that we have to take care of to make bitcoin always strong. I still remember the atmosphere of uncertainty at the beginning of the pandemic and in this case we can also come out on top.

I'm thinking that it's not a tweet to boost the market's price for specific cryptos that he mentioned. Although we know his bias about dogecoin, I don't really expect him to defeat the market's nature of being bearish this time despite his tweets.

Well, good to know that he's the same as us that he won't sell his bitcoins and we all have plans of holding it for the long term. Anyway, he might be big as his name but he's still the same as us so whether you care or not, it won't change our decision to hold.

Honestly, that tweet is good advise for everybody about not saving money through the bank and he said to invest it into real estate and company bonds while in the last friendly tip he had given, of course it's all about crypto and the obvious.

Well if you recall from months back, Elon said his doge holdings are insignificant to that of his bitcoin holdings.

People don't understand that Elon has significantly more bitcoin than any other crypto in his portfolio. He just wants to cover all the things he said in the past were "good".

Dont know on why people do really react that much and having those impressions that against with Elon? We do have the freedom of speech though but it couldnt be avoided for people to hesitate nor criticize since

we know on how he really make out some manipulative kind of tweets back in the past which it could understand on their point somehow.For now this is just an ordinary tweet and i dont see
any manipulative intent which he mentions on all of his coins that been holding.Of course he would really be not selling those not on the right time.

I agree, when the situation is uncertain because the correction is not finished and it seems increasingly out of control and it is possible that trust in bitcoin is getting worse. Of course, bitcoin need encouragement that can give you confidence to be able to lift the price and not fall back down.

It's a reasonable concern because the price of bitcoin every time it increases a little is certain that it will fall back down soon after and it seems that this incident has become a routine and makes many feel panicked and this will clearly have a bad impact in the future. but in an elegant and classy way @elonmusk gives confidence not to be afraid to keep investing in bitcoin.

Putting dogecoin in the same category as BTC and ethereum is a joke.
Dogecoin is pretty much similar to fiat money and it should be compared to fiat money.
Hoarding dogecoins won't save anyone from inflation.I don't believe that even Bitcoin and Ethereum can save our wealth from inflation.
His advise about having real estate property and stocks of good companies in times of high inflation is just common sense.I'm like duh captain Obvious.Everyone with an IQ above 80 knows that you don't hoard paper cash in times of high inflation. ;D
I guess that Elon Musk is just trolling again.

We all can express our feelings and people from the bitcoin community were not against him from the start but after he started spreading rumours about btc with his manipulate tweets.We can't expect people to always follow his advice as we are wise enough to make our own decisions so don't need to focus on his talks.You decide you want to sell or hold it for the long term.

I don't really think he is in control of the market and i know he isn't the only one holding bitcoin, he can only influence and effects those project he is promoting but not Bitcoin. So if he likes let him sell or hold, bear is bear and bull is bull it is a natural nature that affects the market so whenever it comes just be ready to swim into it less until is over then you can get ride on bull so there is no chance to panic over and over.

Musk has every right to do with his assets as he pleases. We can't influence it in any way, but it should not influence us in any way either. Maybe we should stop idolizing him and stop engaging in idolatry? It is not right that only one person can influence the behavior of people and the industry as a whole so much.

I saw the news that Elon now has to coordinate his tweets with the SEC. I think this is related to the topic of securities. I don't know how reliable this is.

Then why doesn't Elon Musk start getting his tweets about Bitcoin or Crypto approved by the crypto community? To me, this is quite fair.

For us to care? I am enough with his BS comments towards crypto as this is surely making His value more in our community and he can still make fun and Stupid comments towards the market.

But in general thanks to Him for still keeping His coins , but what about SHIB? he is not holding any Shiba Inu ?

Why would he hold Shiba Inu? I am sure that he knows the existence of this altcoin, and the story behind it, but I am also sure that he has nothing to do with it. I hope that you are not of those who think that he has created Shiba Inu.

According to his old tweet from 2018 (https://twitter.com/elonmusk/status/966602470431473664), he does not hold a lot of Bitcoin (only .25 BTC that he has got from friend). I think since then his portoflio did not change significantly. For a person, that have billions, having crypto for even hundred thousand dollars is similar to have spare change in a pocket.

Many people confuse the amount of Bitcoin Tesla hold and Elon Musk personal holdings. Many still think that he is the only owner of Tesla and BTC on their account belong to Elon Musk only.

Come on, do you think he would say something like that seriously? The boy obviously watched too many stories from the Wild West where the confrontations were resolved face to face, and now there are some other, much more dishonorable times. Even if Bloody Puto accepted the duel, do you think EM would have any chance against the former secret service agent?

No matter what he does I don't really care if he really wants to sell or not because I really don't want to be too focused on this person.
He made a tease like this as if he was really needed when what he wanted to look for other than sensation.

Why the news about this seems to be determinant to the price of Crypto. His teasing about doge will probably work but for Bitcoin, don’t expect too much to change easily just by Twitt

I don’t always agree with what Elon says, especially over this last year or so, but he’s right here. Even though the US dollar is the worlds reserve currency it continues to be over printed like crazy, and we are currently seeing the effects of over printing right now with massive inflation.

That's likely to diminish as the previous things he did doesn't move the price, it's really the difference when market is in hype mode compare to the uncertain one like we are right now. It's not Elon's fault if it move or doesn't, he just simply tweets it and if the market was affected then it's the market's fault. Yeah, he's a huge personality but that doesn't mean he can monopolize the whole thing, especially crypto. It wouldn't work that way.

Of course he won't sell his Bitcoin (even though he criticized Bitcoin's high-energy consumption). He's not that stupid. I think he will try to "pump" Bitcoin's price over Twitter just like he did with Dogecoin since the beginning of 2021. But his efforts will ultimately fail as people are already sick and tired of him.

To say the least, Elon Musk is just "a needle in a haystack". There are greater "forces" on the market which greatly determine Bitcoin's price. It doesn't really matter what one person says or thinks about Bitcoin, since crypto/Blockchain tech is all about decentralization. Elon Musk, just like all the other whales, are holding Bitcoin with the hopes of becoming richer in the long term. Nothing new to see here really. I'd say we should focus on what matters most which is financial inclusion to anyone, anywhere in the world. As long as Bitcoin fulfills its purpose, nothing else matters. Just my opinion :)

After telling that bitcoin consumes a lot of energy for mining, this tweet made him admit that he owns bitcoin.

Well, from the very beginning he's just trolling the people to influence the price of bitcoin. Tesla investing in bitcoin and him being on the swaying side but only with Dogecoin.

This confirms that from the very start, he had always owned bitcoin.

Of course it's true, it explains that from the very beginning he owned Bitcoin. He tweets to give signals to outwit traders and toy with it so he can make a profit, after all I believe he has made a huge fortune from bitcoin. But many also don't care what he has to say, so gradually his fame is in danger of fading away.

He has enough chances to increase his market with Tesla. It feels like there are more and more Tesla vehicles on the roads. And demand is high! In Germany, the Model 3 would be ordered now and not received until February 2023. So almost 12 months delivery time, is there another car in the same price range currently, with this delivery time?

The circumstances in the markets change, when he made those tweets the market was very hot and people were ready to speculate on anything for any reason, so when he made those comments about dogecoin people went crazy over it, but now that fear has taken over the market because of the war that we are witnessing then it does not matter if Elon promises to buy huge amounts of dogecoin, the markets are not going to move at all no matter what he tries to do as people are not prepared right now to speculate blindly with their money.

Yes yes probably won't sell his bitcoins or some other assets or maybe he will do it, none should take care of it, I see many people are searching twitter and especially his Twitter account for financial advice to sell or buy bitcoins, while that's wrong. A few months he supported bitcoin and then he just stopped and his company stopped accepting bitcoin while he didn't give a proper answer about the reason for this action, so I believe we must stop thinking about his actions and start having our own plans.

It is worth considering that Elon Musk never has to sell his Bitcoin, or anything else in his life because these are all toy size amounts to him. To a billionaire these trivial amounts are just a useful way for them to diversify their huge assets, but in reality this is an almost insignificant amount of money in his wider portfolio - he could forget about this Bitcoin wallet and it would have no material impact on his future. Discussing things like Bitcoin and Dogecoin are to him just ways to spice up his twitter feed, like throwing food to his dogs. You should not try to emulate him if you are working with much smaller amounts of capital because he is extremely low risk but you will be dealing at an extremely high risk.

Well, whenever he tweets and includes crypto on his tweets before. It's really moving the market because it was the bull run and we all know about his influence so that was really shaky when he talks about bullish or bearish whether it's with bitcoin or dogecoin.

About other folks being against to his tweets, they're just used to it and tired of hear him say what he wants to say. But this time, it's actually a good one especially for those people that has just followed him recently.

He trying to manipulate the market before and throwing some bad shades towards on it then says he will not sell his bitcoin and now he want people to buy this idea? Well for me I will take extra precaution and will base only on what I think on current situation because maybe Elon is targeting something now and for sure he do this again to try his manipulative tactics if he can do move the market again for his own benefits.

Let's say that "El-off" had been kept off (bitcoin), so after breakfast, tweet time 9am, he took his phone, then simply  "El-On" activity start, he knew that within his characters he had to include 7 regardless of the objective of his message, he had to include bitcoin.
What is the point of that tweet, well, he is a guy who can have money wherever he wants and play with it however he wants, in fact he is the first man who for sure has money put on mars as an individual.

Please stay "El-Off" with bitcoin and "El-On" with support ong.

Im not against on his tweet as long it wont really be that manipulative just like as mentioned on where he do make out some shills in the past on where lots had been angry because of that but actually he had done
nothing wrong if you do take up seriously on each tweet that he do made.We do know on how popular this person is and lots had been following or keeping  an eye on every movement that he do take.
Not only on having good impressions but also they are relying on something which they could apply into their investment motives.

I just found out that the name has something to do with bitcoin on/off, lol
but when you talk about it, he once revealed and even though his twitter is just ordinary, market prices are great when they bow to him, he can change a trend that is as ridiculous as it isn't serious those who are influential. assuming fia has money there (mars) maybe you mean project space x or what do you know bro? this is interesting.
at least he's the only one I know about some influential people
the future and some of the assets that he HOLD needs to be modeled even though it's the same, bro, nothing is safe, at least go with the pump

At least someone noticed it when they were at the doge because I actually met a lot of people who were guessing there and for sure when this happened, even if there was a slight increase, they would take advantage of it to get out of there.
For doge, in my opinion, even though it's weak, because there are a lot of beginners and fomo who still see that Elon is a very important person there even though it actually drowns them

I think people should change their attitude towards super rich people like this. They influence not only the market, but the minds of millions of people that follow them on social media. If Bill Gates or Warren Buffet says that Bitcoin is the currency of the future, then millions of people will adopt Bitcoin as a currency. (which is the ultimate goal for Bitcoin)

Yes, their Tweets will have a short-term influence on the markets.... but it might have a long-term influence on it being the currency for the future. (They also mix with very influential people in the financial world)  ;)

The fact that people even listened to him was a weird period to be fair. I mean I believe that people should not listen to influencers this much, just because someone tweeted about a coin shouldn't pump the price of that coin at all. The funny part came in when he went to SNL and did a sketch about doge, and doge went 8% lower that day :D.

This wasn't some bear market or anything neither, it was literally during the pump period. I am happy that he lost his power, or at least looks like that. He is challenging Putin to a cage match last I saw him, but I really believe that it is really possible for people to start picking another influencer and listen to that person next, we never really learned something from this.

Well, I do think that they should change their attitude towards rich people but the thing is we don't have any control over their decision and belief. This only shows that a simple statement of a rich man can influence people's choices and decisions without proper research or study on that project let's take Doge as an example. And I believe o what you have said will be a reality if ever either Bill Gates or Warren Buffer says any good thing about bitcoin I wouldn't doubt that people will now finally onboarding to be one of the community.

::)

Or maybe he's really one of the smartest, most intelligent minds in the world, and that he truly understands the underlying nature of a ground-breaking invention like Bitcoin. In the history books of the future, Bitcoin will be considered to be a breakthrough the same as the invention of the printing press, the telephone, the airplane, or the discovery that the Earth is round.

He has long gone into the background, his tweets used to be top, now everyone has already realized that he did it for his own benefit, so trust has long disappeared, and he is a fairly rich man, and I think for him it's just a hobby and entertainment with cryptocurrencies.

At least on this latest tweet that we're discussing, it has a sense IMO.

It's really giving some good lessons and teachings for those that don't know how to invest. But there will really be the times that many would be pissed off with his tweets.

Especially us when he's tweeting about bad things about bitcoin but this time, he just said that he's also with us as a holder. So basically the anger that we released on him are in vain because he's also holding.

 The fact that he even thinks he has enough power over crypto to say that he won't sell, and that is a good thing and we should care shows what type of ego this guy has. Doesn't mean that he is wrong, a lot of people care about his tweets and at some point we have seen him tweet coins that pumps because of it, doge is the most know but there have been a lot more. This is why I believe that he is not fully wrong, but even if he is right, that is still high ego. Even if you think that you have enough power to change the prices of some coins, you should be careful about it and not use this as a power tool.

               There is not much reaction because people are that stupid and with the economy being as it is, they won't risk it. While his words do make a point, he did make a fool of himself because of his trolling. Just a few days ago, tesla stocks dumped just moments after he tweeted his rubbish which made lots of Tesla stock holders suffer. Now, people are being more cautious. On a side note, which dumb influential person would tell whether he is selling or not before he even does it? This post is solely for attention. Other than his spacex related tweets, I ignore most of it.

Everyone who really invest in crypto with good attitude will not try to influence other or tweet something which contain any suggestion with high risk. He really manipulate market to do what he did, and the reason why he did because it will add his own profit and never care what people get.  Such as many influencers in my country who expose their assets and in fact they just make many lies.

Elon Musk is a great example of why should we NOT follow crypto influencers blindly.
It doesn't really matters if he is holding his coins or selling them because the market will saturate.
He has manipulated the crypto market many times and it shows why we should not trust him or fall for his tweets related to cryptocurrencies.
He will be a good example in the history of bitcoin of why people should avoid crypto influencers.

I think at some point the influence just kinda stops y'know? He has been blindly tweeting, without knowing how much influence in the market he has. The past year or so, whenever he tweeted about any crypto, there was a huge surge in said coin's market value. But that just makes it more volatile, there's bound to be corrections!

I do feel like people have lost trust on him and don't make their purchasing/selling choices based on his tweets and thats honestly a good thing.

I just noticed it too after reading your post. What if that was his intention to spread fud in shib? shib supporters will then panic to think that elon is not supporting this coin anymore. I guess the only way to find out is by monitoring the price of shiba inu. If the coin falls down heavily without any other news except from this then it was positive but if there's no declines whatsoever then we can safely ignore what I am speculating here.

The other thing that shocks me is that elon mentioned eth. I am very sure that this is the first time I saw him mention this coin. Aside from shiba inu, maybe he was trying to pump ethereum as well? let see about that.

The man very much seeks to manipulate the crypto market and he's been doing it for a while. He has reasons for it - recently Tesla filed its annual report with SEC, and it turned out they have invested some 2 billion dollars in Bitcoin. (https://scamosafe.com/annual-report-shows-that-tesla-holds-btc-worth-2-billion-usd/) According to the same report, however, there were no investments in Dogecoin.

I don't think Elon musk Tweet can really have any effect on bitcon anymore, he has already lost the respect people are having for him when it comes to cryptocurrency, we all know Elon musk is not really in Cryptocurrency for good, he is just manipulating the market which is very bad. The only coin I know Elon musk can influence now is doge coin which is own by him and his family members.

This is where i do only agree with him.

Elon Musk: ‘Cryptocurrency is promising, but please invest with caution’
Source: https://www.cnbc.com/2021/05/07/elon-musk-cryptocurrency-is-promising-but-invest-with-caution.html

Be cautious with this investment and dont just dive in because you are seeing some hype or some sort.

It's just an obvious trolling from him.

He has even have the guts to discuss about how it's consuming too much energy but he knows that there's more with other industries that mining bitcoin who consumes more.

We're currently in a market that whatever he says doesn't affect the market anymore. But I'm guess when we're in the bull run again, whatever he says, it makes sense to move the market again.

Market is not bullish so its likely that he will not sell. For an influencer like him that is well-off and can afford to hold his Bitcoin longer, his decision to keep his Bitcoin is not surprising anymore. However we know he has many followers and every words he tweet can influence them (just like the Doge hype before).

But its better for people to have their own judgement and stop relying on influencers regarding the future of a particular coin. Just keep holding your Bitcoin and sell if you feel its time to take profit.

as if we need to believe him? or at least we will care about His decision ? we knew how he was clowning this market for years now so every word he delivers surely needs Hi popularity to go up.

But if he will truly do this then I may say that this will be a big help to the crypto space as we need high support like this kinda whales.

We must follow Elon Musk to Hold Bitcoin, but Ethereum and Doge is useless.
 ;D

Nothing much about this Twitte , he's just indirectly dishing out advice to his fan and followers and this does not necessarily mean that we take every Twitte by Elon Musk to have huge impact on the market.
Secondly, I'm not discrediting him for that ,it a good one because when you check on the situation currently on ground, I think that every wise investor should know that fiat currencies are going down and you need to diversify and hedge your funds because of high inflation, so they are billionaires and they have much information than we do.

As you said, he has lost his reputation within the crypto community and his tweets can only have a short term influence and maybe not anymore, because most people don't even care. He could just be saying this to manipulate the market again, but right now he couldn't affect the market with these kinds of tweets.

This was a great tweet to reassure everyone about the market but unfortunately no one believes what he says anymore, he has lost people's trust just for personal gain.
He is the richest man in the world, sell or not sell bitcoin it doesn't really affect him. Perhaps he's just trying to get people to manipulate the market again, but he's definitely failed.

The man has himself said he has invested in Dogecoin and is not willing to sell them as of now.
Then how can it be that the report is showing there were no investments in Dogecoin.
May be the reports are itself fake or Elon is probably lying again.
Or may be it's just that Tesla isn't holding any Dogecoins while he may be holding them elsewhere.

it should be like that bro, what happens in the market is not easy to manipulate with the issues that occur and spread by social networks, unfortunately there are also not so there is also reason sometimes justifies. in line with @ratimov, after I thought it was true, Elon Musk has never shown the assets (btc) he has openly in public, with exact numbers, I just realized and he only mentions the names of the assets. Moreover, the crypto community in my opinion is also important about its growth a belief, togetherness and an information

Maybe yes, maybe not but the thing is people shouldn't listen to Elon Musk or maybe just trolling or manipulating which doesn't correspond to reality and doesn't need to be influenced, we have to be smarter and research it.
and what we really need to do is analysis, because that analysis is what helps us recognize the ups and downs of bitcoin or the market.

Anyone could hold and decide for their holdings but as for me, Elon's statement would help any of us. Maybe he's trying to tweet things about crypto again because he wants to manipulate the market through it which isn't possible anymore because people are now skeptical and learned from what he did to Doge before.

It was his crypto asset and it's his decision to not sold a single of it and I guess he just made a good decision and as a businessman he would not probably going to sell his asset at the low price, I believe he would going to sell once bitcoin reach another milestone of ATH. So far I believe that it's good thing to know that Elon Musk were now starting to use crypto names especially bitcoin in his tweets, well actually I don't like how Elon Musk used to shill or hype a coin but knowing this last tweet of him I can say this might be sounds good for bitcoin.

Bitcoin is too big nowadays to be easily influenced by just anyone. It is not like before when bitcoin was still new and anyone can say anything and easily influenced the market just because they're a public figure or whatever. This time the market has gotten really huge and it takes a lot to really move the market to any direction.

And another thing is that around the time he got on into the market was when bitcoin was being bullish, so his presence kind of helped to drive the bullish trend to an extent, I would agree with that . But the time for him is finally over now, so he should go and rest.

But I'd like as many people to follow crypto influencers as blindly as possible. 2017 happened, the influencers crawled out of the woodwork, everyone went to hell after that but the cycle had ended, the weak hands began to purge, and we were given an incredible bargain sub 10k for so long. Every sat gained in that period is now worth so much more. The crap was rinsed out, cleansed, and what emerged after was so good it made the season ripe for influencers and Elon again.

Time for another spring clean, why not?

Well, in principle I would agree with you. But you shouldn't forget that Musk now has a certain influence on prices. He has a large following who hang on his every word. If Elon says he's investing in coin X, then that coin will certainly see an increase. Therefore, his tweets are meaningful, whether you like him (or its behavior) or not.

Maybe for some of us, Elon is no longer existing. But for some newbies, his influence still matters. That is why when he tweeted about Dogecoin, a lot of here invest into Dogecoin too and end up losing now. But i believe the moment those newbies lose from being influenced by Elon, they have become wiser now and swear not to be fooled again by Elon. So his current tweet will no longer affect the market anymore as everyone has learned its lesson by now.

I seconded. Most of us here are well aware what Elon has been doing to manipulate altcoins.
But, we are not the only people (here in the forum) who has been investing into cryptocurrency. I personally knew that since the NFT p2e games has become a trend. Most of the people I knew who invested in crypto is not a member of this forum. So, yeah Elon still has bunch of followers that will follow what he says what to invest as well.
We might not care about what he thinks and what he says, but there are still blind followers of him outside this community.

The fact that Elon Musk won't be selling his bitcoin, but we know for sure we should better keep it hodling by now as its value is not yet in peak. Well, i think the people here have been used to the tweets of Elon and for now, its not making sense anymore. If he think he can still manipulate the crypto market as well as the people here, then he's wrong. Elon is just part of our past, and we should not be influence by him anymore.

Yeah his obsession or loyalty or whatever that he holds towards doge is strange. Everybody knows doge is a shitcoin with no use case. I’m glad Elon is continuing to hold bitcoin, would be good if he bought a load more or started to accept payment in bitcoin for TESLA again though.

The community is already wise and been aware about with possible manipulative acts would be made by him which we had been fooled out back in the past and able to observe on how he do move the market with

those kind of manipulative kind of words which it isnt surprising that people nowadays would really hesitate on everything that he do intently to say in the public which means that neither he had some intent

or purpose behind of those tweets then dont expect that the community would really be putting much reaction or sentiment to that.

It is not good at all to trust a influencer who works for himself. Elon Musk is messing crypto market for promoting his shitcoin. If you think deeply, you will be able to see promotion of his shitcoin in this speech and it may be directly or indirectly. We should not follow all the speech from influencer like Elon Musk though he is the richest man.

All he said was that he's doing nothing.  You can't really expect that to move the market.  Even his dogecoin tweets aren't having much of an impact on that market these days. 

Elon saying he won't sell his bitcoins isn't really a story at all to me.  The guy has so much money, he has less than 1% of it in Bitcoin.  If it went to 0 it wouldn't matter at all to him financially.  I'm sure after the first 100 billion, money really stops mattering to you.  If not, you have some weird priorities. 

Considering Elon has already sold some of Tesla's Bitcoin to "test liquidity" I'm not sure if you can take his word for anything regarding crypto.  I'm sure a point will come when he feels the need to "test liquidity" again.  You can be sure it'll be after he's made another fortune, otherwise, he'll just keep holding.

Nobody really cares about his opinion anymore as he is just manipulating the market for his own gain and his doge magic days has been surpassed long time ago and now we don't even see slight fluctuations or pump in the market after his tweets since he just tried to either create FOMO or panic sell situation.

We as a crypto community should not give more importance to people like him who play with our emotions sometimes and make is take wrong decision.

It's been long overdue that many have stopped following anything he say. But the fact still remains in tact that he can influence people's decision about investing in the crypto market.
He has said about bitcoin and that's what I can be happy for this time although we don't really like him messing the market and for sure, there will be the time again that he will troll bitcoin and he's having fun making people angry with his tweets.

The market is been pumping since this tweet so I think he's still has an impact.

So, definitely is a holder in the end and has no purpose selling at all because he is super rich already and serves no purpose of selling his bitcoin because he has majority wealth already. It is a good news for the bitcoin and crypto community for making such huge impact in the market recovery today.

Then at least there are some good things that Elon finally comes out now? not selling all His coins at the moment and will keep holding .

though he had been a clown in the crypto space but this statement now as we needed helps supporting the market for the effect of volatility as the war continues to happen and the world is shaking as of those problem stated.

This is probably the only tweet where I see him take the market seriously and respect his followers.
The market is been pumping not because of his tweets, he has ceased to exert any influence whether that be for good or bad. Markets all rose slightly after the FED announced a rate hike. Probably almost everyone has foreseen the decisions that the FED announced.

but I cannot see where is the PUMPING since this tweet?

https://coinmarketcap.com/


Look at the market does that look pumping? we have been in that level for couple of times even before His tweet so i don't see any impact at all and besides this proves one thing, and that is just another BS tweet that he wanted to take advantage of the situation of bitcoin dumping.

I Am not a fan of Elon Musk nor Like Him ever since but with this decision he made now? when the time crypto market really needs His support? now I think i am paying respect to the man if he will really act as what he is telling here.
also what he did to Ukraine giving them free access to the internet gives me the rights to support His actions.
in which part of the market that Pumped when Elon tweets this? because i see no same reaction from the market .

Also I see that this time musk tweeted that he is holding Bitcoin, eth and dogecoin. In his previous tweets we saw him only shilling about dogecoin which had no effect on the dogecoin price. So perhaps he started to shill his shitcoin along with bitcoin to have some positive effect.
Anyways, as long as he is positive about bitcoins , it will have an healthy effect on the market.

He ruined his own credibility for his own selfish desires and that made him lose his value in the crypto market. So now, whatever he post or tweets seem so useless and has no huge impact anymore in the market. Though he was recognized as a crypto influencer but crypto investors today have become wiser and smarter not to trust Elon again.

Whatever criticisms the people say about Elon Musk, which is understandable and he's very deserving to be criticized for trolling the community, nothing will change the fact that he has made one of the smartest investment decisions in history. The first trillionaires might be institutional Bitcoin HODLers. 8)

Elon and Saylor are two of the smartest people with big investments in bitcoin so far. They go in and invest at the right time where they have managed to get a commensurate return on that huge investment. I know they come on behalf of the institution, but they are more forward-thinking than us (most of the crypto community).

We are aware that bitcoin has a lot of future potential, but finances have been a factor why many of us don't invest in the long term. But I strongly disagreed when one of the two investors (Elon Musk) said that bitcoin is bad for nature especially with mining. Regardless of whether Elon sells or not, but he can't be trusted 100% because of his strange behavior. We are not supposed to trust influencers 100%, they also have a purpose in this investment.

LMAO, that's a nice perspective. The weak hands indeed lost a lot of money back then.
It was a long bear market of 2-3 years. If only they would have hold until now then they would have been in lots of profits.
This is the exact reason why I am trying to accumulate as much as I can.
We know this spring break will lead to higher gains in the summer time madness in future.

Elon Musk is indeed the 5th richest person in the world for now, his tweets can affect market prices, even his tweet last year about Tesla no longer willing to accept bitcoin as a Tesla purchase transaction tool, making bitcoin free fall from the price of $ 63, down to a price of $ 43, but maybe for now his tweets are no longer affected, because people have lost faith in him, especially now that he says he will not sell his bitcoins.

I support you, in this forum, we just assume he's just an ordinary guy with bitcoins and shitcoins in his bag...

Elon Musk says he's still hold his bitcoins but why do people connect that with the current green market? because as far as I know, we've had a sideways market in the past few weeks. Elon's influence in the market has disappeared since he was "two-faced" on bitcoin.

How much Bitcoin does he currently own? Did he make that public yet?

OR we're actually enjoying the last warm days of autumn before another long and bitter winter sets on -- recession, inflation, war, pandemic, whatever it is that's coming is all going to bunch together at some point.

It doesn't change what I've locked my sights on though. Halving has never failed. And I don't expect it to. If anything, the logic behind it can only gets more hardcoded into the market.

It is secret and no one can know that if he doesn't tell it to anyone. Who knows that he will tell anyone the current amount? He can manipulate the market also. But it is true that influencer like Elon Musk can change the overall market price within short possible of time.

His logic is sound though. I mean it is better to own "things" then have cash. I rather have zero dollars and multiple assets than, have enough cash in liquidity to buy some assets. If someone asked me if I preferred 3 homes each worth 250k, or 750k in cash, I would say houses.

I mean that way I know that not only will I make rent income, but I will also get it go up as well, what can I do with the cash? If you are a business person then you may use it, but I am not and I rather own the houses instead (this is simply an example to explain my thoughts on how effectively make use of money for my needs rather than looking for making money to work for us).

Crypto allows you to do that in much smaller scale, even at 750 dollars and that is how you could make money in crypto without needing too much capital.

Completely understandable that Elon not selling his Bitcoin, he’s a very successful serial entrepreneur with billions of dollars behind him.
I would assume his portfolio is so diversified, he’s completely covered no matter what happens to the economy or his companies, either way he’ll be just fine financially.
I think for regular retail investors we have a completely different view point because of most people have very different financial circumstances and therefore make very different decisions what to do with their capital.

And we can't compare our life to HIM. He deserves his action and keeping his Bitcoin is what he wants. And besides, he doesn't need to spend it by now and there is no sense in selling his Bitcoin. He has the purpose why he bought Bitcoin in the first (which we don't know yet) and not selling them has of reason as well.

Anyways, we are not sure if he is telling the truth or just for another entertainment. People know that he already lie to us in the past few days and I don't think we have to put concern into what he says on twitter.

Who said that the community should be trusting him? Plus if he cannot be trusted, then Michael Saylor shouldn't be trusted. He is as capable to do anything. I trust Bitcoin as a protocol. That it will keep working and will keep chugging along for years because of thr design decisions made by the Core developers. Elon Musk and Saylor can sell, but Bitcoin remains. 8)

No, no one would say that except for just a few people who benefited from the hype they generated earlier.
I still believe that these two will sell their bitcoins any time they want even when they really have endorsed bitcoin as a good investment for everyone to consider. They are known to do so as a long term store of value and adopt it as a means of payment in their companies, but it is clear they are targeting bitcoin profit.

No he never gave any information about it. For me it was surprising that he owns Bitcoin at all. So far, to my knowledge, he had only confirmed that he owned Doge but not Bitcoin. He always tweeted positively about it but never confirmed it.

From his tweet he said that he is not going to sell any of his cryptocurrencies whether it is Bitcoin or Dogecoin. He’s going to continue to HODL them for as long as he wants I guess. So far I don’t think that he has sold any of his coins and it is possible that he will continue to hold for long.

It doesn’t matter how long he decides to hold one thing for sure is that it wouldn’t affect him at all because whatever investment he has made is something he can afford to risk in the market. Bitcoin is also going to continue to increase in value and we all know that. But, I am not trying to take any investment or trading advice from Elon Musk, I just do what I feel is right for me.

Won't sell his bitcoin because you all know he wants to make money and when bitcoin is more valuable, there is a chance that he would sell his bitcoin and fund his SpaceX program to go to Mars. Currently he has at least 43,000 BITCOINS!!! If bitcoin reaches $100k, his bitcoins would be worth over $4 billion.

Often he reveals some statement relative to the cryptospace. This time he mentioned about having bitcoin, ethereum and dogecoin. He said he'll not sell his crypto holdings at any kind of market fall. In the same interview he said not to hold fiat currencies as inflation keeps growing. Even after his positive tweets and response on the interview he wasn't able to drive the market forward. :D

If it weren't for his success at Tesla and the recent gains he made to become the world's richest man, I doubt people would still listen to Elon Musk's financial advice. I'm tired of headlines like "Elon did this with bitcoin" and "Elon did that with bitcoin,"  he should just rest and let the market do its thing. The last time I checked, his impact and influence in the market were no longer felt. He wasn't the only Microstrategy company that hodl bitcoin :-\ and joke aside, if bitcoin should $100k today, he will surely sell some of his shares just the way he did sold some of his Tesla stocks.

You are right, right now it would be good for us to have a whale like Elon Musk in favor of BTC, anything that adds to BTC and its market is a great gain, however we know that Elon Musk is a very strategist and a very smart guy I don't know what his real plan will be, although despite this after he told Putin that he would challenge him in Judo and if he won he would leave Ukraine alone because it is something that I liked, however I think that the crypto community that supports BTC he believes very little in it.

If he says that he will not sell BTC, I believe him, also I see that he has that need...

I doubt if his latest tweet is still considered important by most of his followers these days. I guess Musk was expecting too much. In fact I believe he only holds no more than 1% of the total supply of bitcoins, then assumes that he will always influence the market price. In fact, the regulatory policies of big countries like China are still the most influential fundamental force.

I am not sure why people are expecting market movement whenever he tweets something. I mean, market movement is a combination of different factors and this tweet shows it's only one factor in the overall picture. When the market is already in a volatile state (the tail end of the bull market), and there are other factors contributing (El Salvador accepting BTC, economic tensions in the world) then an additional tweet can seem like it was the one that cause some movement, but it may have just tipped the scale a bit, that's all.

That's simply because Elon is a popular personality in crypto, anything he tweets as long as it's positive is likely to create a positive movement on the price. Haven't you remembered that Elon was the one who brought DOGE to the moon? That's how people trust him these days.

People are different this generation. They expect to put money into a Bitcoin doubler and win back double for no effort. They expect to go to a crypto casino and win big when they know the odds and the maths are against them. They also expect to buy shitcoins and then make 10x easily because they also expect tons of people and sheep to come in late after them buying up the same shitcoin to pump the price.

Just understand that people are beyond expectations and you will never be surprised anymore at Elon Musk impact on people.

Everyone is HODLing Bitcoin for profit, BUT that doesn't make Bitcoin less as a decentralized, censorship-resistant cryptocurrency/protocol for payments, nor does it make it less as a self-sovereign Store of Value. It also doesn't change Bitcoin's underlying nature that could weaken political strongholds. Elon Musk is smart, he knows that Bitcoin is not fully understood and it's not in its final form.

It's no longer important since it's already done. But whatever he tweets again is going to be on the tabloids and the news agencies are going to cover it again which is going to result to the market to have some big moves again. And it will depend on what he tweets, if it's positive then the same goes to the market and if it's the opposite then that's negative. He's more than an influencer in the market and he really has the say to move it at least a bit based on what he thinks.

Yeah he was a big liar if he will claims that he have a bitcoin and he still holds it. The world will never forget when he say that bitcoin is not environment friendly, this is also the reason why he discontinued its use before and he switch to doge coin instead. Although he is lying there on his tweet but others that are recently involved on bitcoin and cryptos won't know it and this makes them motivated to hold and buy more btc because they think that a famous personality like Elon musk are also a solid fan of bitcoin.

It's hard to say this but we should still thank Elon right there for his effort of hyping the bitcoin. Elon's point is investments can save us from inflations but he didn't say that selling is a bad idea. We can sell if badly needed.

Talks about selling bitcoin is pointless, you all should watch your bitcoin grow rapidly.
I think he knows what's best bfor him to do, bit as a True bitcoiner, you shouldn't sell your BTC.
Rather you hold down for a longer time if possible trade some for profits and buy more of it.
It's an asset of the future.

Dude used to worth 300+ billion dollars at one point, I doubt that a few billion dollars wouldn't hurt him and that was on Tesla, not his personal crypto account, his own could be a lot lower. Which supports the idea that he could just forget about it, like he spent it on something and he could just avoid looking at the price of his portfolio forever. That way he could make as much profit as he wishes to and not even sell it.

I am not saying that he won't sell ever, he could sell it eventually but that doesn't change the fact that he could just not sell even if he makes 100x and that is the power of wealth. We may sell in that case, but he doesn't have to.

What I really like on Elon Musk is, he may be doing these all for personal gain but agree or not, he is supporting this crypto space at least on indirect means which is priceless in my perspective as it may bring lots new people to get into bitcoin or into cryptocurencies somehow.

In my opinion, Elon Musk, or rather his analysts, are simply testing the market. When he was playing with tweets about Dogecoin, he got a lot of information about the power of his tweets at the time he writes about a weak coin. Now there has been a test of the strongest cryptocurrency and received information that it looks completely different.
I am sure that soon there will be tests of the impact of his tweets on other - less significant coins, but stronger than Dogecoin.

he sold bro, at first he sold when he thought he are in profit, but didn't announce at that time. After selling his Bitcoin he announced it and made a FUD over the crypto market.
I believe he bought again the dip. he is a truly generous person, at first he made us fool by promoting meme token then the made us fool by announcing his bitcoin banning decision on tesla.

What would make him sell his Bitcoin? This is someone that has a lot of money to spare and if he invest in Bitcoin he doesn’t care whether the price is going up on or down. So, he’s definitely going to keep his investment rather than selling it, because that is definitely going to worth more than it is today in the next few years to come.

And even in the next few years to come if he shouldn’t see the need for him to sell it because he has a lot of money, then he’s still going to continue holding his bitcoins as part of the assets that he owns rather than just selling it. I also don’t have any plans to sell all my bitcoins, although I did sell part of it to take profit when the price was high.

 What made him buy, belief. He believed in the idea of bitcoin and assumed that it would be a great investment but also a great way to show support for something that he finds ideally great, and that is why he invested. Now that he believes in bitcoin, he will not sell it and thats fine. However, if one day he starts to question bitcoin and thinks that it is not a great investment or not a great idea then we are not going to see him keeping it.  He talked about how it is not good for the climate because of the energy usage, and that could be one reason why he may end up not keeping his crypto in the long run, or maybe he will, we do not know. It will not come down to finances, it will come down to ideals.

In the end, it would be like only peanuts for him. It's not something he has worked for it anyway. He can buy whatever coin he wanted even the shitcoins if that's what he pleases to do so. I wouldn't call it indirect support to be honest though even if I can recall that Tesla adopted crypto payments in their business.

What would make him sell? It would probably if Bitcoin fails to maintain its social contract with its users/HODLers/community. What is the social contract? It's debatable, but if you ask me, I believe they are, "There shall only be 21,000,000 coins", "Anyone can use Bitcoin, permissionlessly", "All users should have the ability to verify the rules of the network".

maybe with the wealth he has now, it seems easy to do anything, if now he wants to sell his bitcoins, it could be giving fud news to have many friends to sell it, so the price becomes cheaper and he can buy it back at a low price. although rich people, but every rich person of course will always try to increase his assets, but I don't know what he thinks, because before he acted outside the minds of many people in general

In my points who does he help or affects if he chooses not to sell off his btc. yes whether he sell or not the market still remains the same without him. maybe he could do this to those project he is into probably the holders will make some move for his announcement.

Elon Musk is filthy rich, so he can do whatever he wants without experiencing serious losses in the long run. He's willing to take risks with Bitcoin even though it's extremely volatile at times. Just like him, people believe Bitcoin will reach higher prices in the future. And let me tell you, they are NOT wrong. Bitcoin has outperformed every asset on Earth over the years, so it's likely we'll see a higher valued Bitcoin in the future.

By buying and "hodling" Bitcoin without selling, you're helping yourself achieve long-term prosperity. Those who sell BTC now, will miss the opportunity of becoming rich someday. Who knows if Elon Musk becomes even richer in the long run? Just my thoughts ;D

Besides the fact that I'm sick and tired of people who keep mentioning Elon Musk like the crypto world depends on him, I don't find this news surprising: he doesn't need to sell, he doesn't need money, why should he sell now to accumulate few other billions of dollars he doesn't even need? I find way more impressive the Average Joe who won't sell even though his life could actually improve, but the Average Joe doesn't post that on Twitter.

Elon owns lots of assets so if he chooses to hoard his Bitcoin, Ethereum or Doge then he can keep up to his words because he might not need to touch his coins as his electric cars is sufficient enough to handle any project he might intend to launch in the future. Bitcoin investment is actually sweeter in the hands of the rich

Elon's impact on the crypto market is no longer very big but there are still many people who relate to it when the bitcoin price goes up.  Elon must have ulterior motives why he had to make that tweet, he must be trying to raise the price of dogecoin again but to no avail lol.

Elon will not influence the market anymore. If he don't want to sell his bitcoin, maybe he's also waiting just like us for bitcoin price to reach its new heights. He knows the value of bitcoin more than dogecoin that's why he is hodling it till now. But who really cares about Elon? Bitcoin will continue to pump even without his tweet. People have learned already and won't ever trust again on big whales like him.

I do not agree, Elon's impact is big on the markets. And if someday he decides to sell all his coins and make a tweet about that, then we will see a big crash in the markets. But since Elon is bitcoin-friendly this will not happen, but I don't doubt Elon will manipulate the crypto markets again as he did in the past.

Can we believe his statement? I don't think his statement is trustable. Some people can state the opposite of what he does.
I suspect he plans to sell their crypto assets when he states to keep his BTC, ETH, or Doge. But who knows? We even don't care whether he wants to keep or sell their crypto assets. However, there should be an impact on crypto market if someone/company that has a big number of crypto assets trying to sell most of their crypto coins.

Chance of manipulation would be always there and its true that he could really influence out on how this market moves and if news would be saying that Elon is selling his bitcoins or something that is attached with

something negative then its really impossible to say that market would not make out any significant reactions which is really very that common neither they would make out some movement
or would just simply ignore just because the community does know on that possible manipulative kind of act made by him just like in the past.

Elon Musk has some impact just because the crypto market is full of people without any knowledge of this world, people who think they'll become millionaire in a few weeks, then at the first -5% they sell everything. If someone decides to buy or sell bitcoin depending on Elon Musk's tweets, well, I pity him, it means he's not able to think with his own brain. Luckily this kind of people will soon disappear because they'll lose everything.

People who thinks they can easily be rich just by following someone with prosperous social standing, are the people who have shallow mindset. Bitcoin is always unpredictable and it's up to the person of how will they manage their assets. With a lot of research and observations, you can learn anything about crypto market and just because Elon Musk decided for his own, doesn't mean you will follow. Elon Musk's tweet is for his perspective and personal interest and it may equivalent to something but one thing for sure, it's for gain.

Elon will say anything to stop bitcoin from dumping hehe. When whales want to dump their coins, they will be very bullish and cause a pump where everyone begins to buy. When everyone begins to buy this is where the whales dump on you. They want you to be their exit liquidity. Similar to Su Zhu, much of the whales are bearish if they are bullish in social media and bullish if they are bearish.

Also, Tesla's bitcoin in the treasury will not be according to Elon's decision if Tesla holds or dumps. Tesla is a public company with a board of directors. If bitcoin gives them a red income statement every quarter showing that it is a bad investment, I speculate the board of directors might decide to sell the investment similar to any other investment. Bitcoin is not special, it is only another gamble for Tesla.

I agree, that what he did could be as you said will not affect the market with the action of whether to sell or not. but we all know what @elonmusk says is always meaningful and sometimes confusing.
maybe the purpose of him saying he doesn't want to sell his bitcoins is to influence all those who still hold bitcoins not to let go so the price can stabilize. because it is clear that @elonmusk is very concerned that the price of bitcoin does not fall, because it will make his investment decline and will harm his company that does use bitcoin as a transaction.

An Elon who we think of as an influencer I think has reached a saturation point. The effect of his twitter no longer affects the market or has only a small effect on the market.

Regarding the tweet that he posted, it is a personal matter regarding what he will do with his assets, I believe he is a smart and technology literate person, so it's only natural that he will hold on to these 3 assets.

As long as there are still many people who believe in Bitcoin, and they are willing to keep it and not sell it, we must believe that Bitcoin will be more valuable in the future, maybe that is the main point he will convey to us.

indeed we have to admit that @elonmusk is very controversial in what he tweets, because actions and deeds don't always go hand in hand.
I also think what @S A KHAIR said could be true because in his tweet it honestly says about Tesla throwing away his Bitcoin holdings.
so indeed @elonmusk has sold his bitcoins in the market but whether profit or loss, we can conclude from the FUD carried out in the crypto market.

when he announced that Tesla was accepting payments with bitcoin but it wasn't long before he decided to suspend purchases of his products using the digital currency. The reason is that the use of fossil fuels is increasing due to Bitcoin mining activities.
but on the other hand another company owned by Elon Musk, Space X is also starting to penetrate into digital coins. SpaceX accepts payments with Dogecoin.
so there is no consistency in what is said, of course, it will have an impact that many will start not to believe what is said, because it is clear that he wants to profit from every tweet.

"Elon Musk won't sell his bitcoins", If not, what is the problem mine?  I will not sell bitcoin, I will hold as much as I have because we know that the future is cryptocurrency and bitcoin is the mother of all coins. Not only Bitcoin but also BNB, Etherium, and their future is very bright

as if i care?  hahaha

he can do anything because it is His coin , but i want to request him to do whatever he wanted but stop trying to manipulate the market .

he had been in the situation for long time and we must accept that he has really a big influence in this market so hope that He'll forget about those and focus in His holding for long .

or maybe He is making Bitcoin and other crypto as his Final investment for the future use in the biggest project he ever had in which the SpaceX .

If you see this as a sign to hold, remember that Elon is a multi-billionaire and he can afford to hold his bitcoins for a really long time without having to worry about the movements of the market so if you're not like him then be careful putting all of your money in bitcoin because you'll never be getting the same situation as Elon will get.

I don't think saying Elon Musk Wont Sell his Bitcoin will hold any water, especially from the perspective of a investor. It should automatically be assumed that any investing in anything, especially Bitcoin, is trying to make a USD Dollar/other fiat currency profit. Especially Elon Musk, who has proven that he does not actually support the idea and technology behind Bitcoin but rather just fanboys his way through life. Why else would he love Dogecoin so much?

Suffice it to say, I do not think he is a true coiner nor is he in it for the long haul.

Elon is a billionaire and he likes to play along with the trend and when he claims that he will hold for the long term, he made his profit for his entire company during the pandemic in the cryptocurrency market where he invested billions and then booking his profit in billions and now he is claiming that he is here for the long term. He might be here for the long term, but he will be booking his profit along the way  :D.

Elon Musk was among the celebrities that publicly make statements about Bitcoin being the perfect alternative when fiat currency is having no value and after all his understanding of Bitcoin, it is normal for him to choose to hold his BTC rather than sell.

Holding bitcoin is more perfect decision than sell. But no major progress have seen in market cause people awere about how elon play game with people's emotions. so nobody will believe him again as before. He possibly try to indicates, "i'm not selling btc, ether & doge cause i know how to manage shares. So follow me and buy without any hesitation". even it suppose to be, he also trying to shill dogecoin from dump but he wouldn’t hesitate to sell if get opportunity to make profit. So first we need to analysis fundamentally & technically before take decision

It should be have done earlier back into those years which you should have hold your bitcoin assets but well it cant really be avoided on some instances on which we do need to convert it out
to fiat because we do have different situation when it comes to financial needs but if you could sustain up yourself without needing on spending those coins then it would be great.
As for Elon then he does have the full right of his coins whether he would sell it out or would simply hold it for future and just like us, we do see actually its potential
which you could not blame him off on ending up on having the same decision since we do see its potential that would be rising or relevant in the future.

I don't understand what you are explaining here. But I am not really sure that Elon Musk to stop the dump in Bitcoin price. Who is Elon Musk? Do you think he is a Hero of Bitcoin? What I see is that Elon Musk always tweets something not recommended for common people, he suggested holding if you are not really urgent to take profits. I have a different type of investment, not the same as Elon Musk's style. I won't hold all my coins, especially the coins like Doge. Even for Bitcoin, Ethereum, or BNB, I prefer to no hold all these coins, there is a time to sell and rebuy again. I don't want to miss the chance of taking profits in the current bullish, better to sell if our selling target is reached.

Whenever it comes to cryptocurrency now, nobody cares about Elon musk anymore, I don't think anything he say will have impact on cryptocurrency market anymore, we all know he is in into cryptocurrency just to manipulate market and he is not really having good intention, the more he continue to make post about cryptocurrency either negative or positive he will continue to lose his respect in crypto space.

Yeah seriously , elon is a joke for us a crypto enthusiast.

but did you know ... that elon musk feels like a decide maker for those who knows cryptocurrency in just few months .. for a newcomer that know nothing .. elon tweet are the indicator lol
this world are really insane, his tweet above pretty much a political statement ... he encouarge everyone to buy a real thing rather than bitcoin but at the closing statement he indirectly encourage everyone to follow him to not selling any bitcoin. hillarious.

Because Elon Musk knows how profitable bitcoins are as an asset. I feel pity for those who sold their bitcoins after Elon Musk said that they are causing harm to the environment. It’s probably the bitcoin mining that is harming the environment, not the bitcoins, lying in your e-wallet.

Nobody is taking the statement of Elon musk serious, except those people who always fear of information dispense concerning bitcoin, i know that period some people out of afraid of bitcoin will be collapse they sold their Bitcoin, but is not the right thing to do by selling out your Bitcoin out of fear, actually many of them will regret of such actions.

If you are a believer and holder of bitcoin, then do not take these tweets seriously, and more importantly do not take action on your crypto investment, based on these tweets only. People like Elon Musk tweets are to move the market in a certain direction and only the big whales and he himself wants to take the advantage of the bitcoin price movement. As you said, they will make us sell our bitcoins so that they can buy them cheaply.

He is one of the sharks on the market and one of those who hold a lot of BTC, we should still follow his news about the market but remember to never Fomo or completely trust what he says. He is a shark and you know sharks are price manipulators and they just want to attack your pocket. So be careful with his tweets and validate all his info before you want to do something.

Granted Elon musk had a huge impact on the market but I'm sure what he said was not the same as what he did, he could have said he wasn't going to sell his bitcoins, but actually he's selling his bitcoins, I wouldn't affected again posted by Elon Musik, because I already have past experience, I sold my bitcoin, so I received a tremendous loss, I learned from experience, now I want to follow what my heart says.

Look, bitcoin is an investment for Elon Mask. It is an asset for him. and another kind of share for him too. And that's a simple game that ultra-rich types play. Then don't sell their stocks or assets because they know if they sell they have to pay tax, but instead of selling their asset, they can hold it and take a loan from the bank by showing their holding. It is so simple, they don't need to sell their assets and pay the tax to the government. They get the money they need for expenses from the bank. It's simple, and when they need to pay the loan or interest, they sell some of their holdings and pay the debt. And again, they can take the load and live hapily. And he knows the potential of bitcoin and he knows the future will be made with bitcoin for him, so he holds the bitocin, which creates more hope and trust in bitocin for the investors who followed Elon Mask. That's my opinion; others can be different. Thank you.

he is the best indicator of price rise for dogecoin, it is unbelievable that he just makes some twitter about dogecoin, it doesn't take many minutes for the price of dogecoin to increase a lot, days ago he said something on twitter and the price of dogecoin went up a lot , but he can no longer have influence on bitcoin, even if he does a lot of twitter the price of bitcoin doesn't move. in my opinion this can be a good thing for bitcoin, because it stays away from manipulations

He knows about the future of Crypto Currencies.Thats why he is going to hold for a longer period.Even I also think that this is the best idea to hold crypto otherwise we have to regret.
I am also holding my little amount of btc.

what do you mean by indicator of bitcoin, Elon is bad bell of bitcoin and the man never talk good and plan good for bitcoin and what is concentrating for is doge coins that is pushing ahead of bitcoin

@elonmusk says that he still owns all three crypto assets Bitcoin, Ether and Dogecoin and has no plans to sell them at all.
Those words had made the price increase slightly before finally dropping back down.

this leads to speculation that can vary widely, but I conclude that the current tweet is not as devastating as it was when he did this to doge, is it because everyone no longer believes what @elonmusk is saying? maybe everyone feels that what @elonmusk is doing is a hoax and investors don't believe it anymore.

Will Elon Musk's statement have a big impact on Bitcoin? I don't think so. maybe he said this according to the current situation, for example, if the price really dropped again, then he would gain prestige as an influential person. but for meme coins, I admit that he has a great influence, because of the market capitalization he can still move with his money, this is different from bitcoin, and bitcoin investors are mostly mature

I don't care about Elon tweets, he can say whatever he wants like raising the price of Doge, but Elon tweets are no longer good for crypto and we have long abandoned anything Elon related. Without Elon then we also hold BTC for the long term.

We really should not care about elon's tweet. But we should be aware that elon's tweet can have an impact to the market. Though the tweet that was mentioned doesn't affect the market at that current time, that won't always stays the same. And that also doesn't mean that elon musk is losing his value. Maybe some other factors are still affecting the market that even elon musk couldn't change. Like for example the war between russia and ukraine, and etc. Elon musk already established a big name in his industry and somehow in crypto space, and I believe it's not just that easy for him to lose his value that fast. His tweets can possibly still affect the market, and we should not ignore that even if we no longer care.

Elon Musk's tweet is not necessarily true, you shouldn't believe Elon's tweet because Elon Musk could just make news that he will sell bitcoin with the aim of lowering the bitcoin price and investors will release bitcoin at a low price and this opportunity is waiting to buy in large quantities ,
Even though Elon Musk is a big shark, Elon Musk's words often deceive and create a scene in the crypto market, so be careful in responding to Elon Musk's tweets, don't be easily influenced.

Elon Musk Do not sell his bitcoin, he tweeted it means there is a possibility of any big movement influencing the market.
But nothing like that happened.
There was a time when his tweets had a big impact on the market.
Which we have seen to be. But now even such a big tweet of his has not had much impact on the market.
So I agree with you that this guy is losing value by promoting Dogecoin.

I can say he has had a significant impact in the market although that has reduced  but still his tweet does. If I want to sell, I won't make an announcement about that which I think Elon musk too won't do even if he sells.

I saw a blue tick account on Ellon Musk's twitter account, of course because he has an unusual following like most people, and verified. I believe the connection to his Twitter account is causing problems or followers following his activity. If some of his followers have unusual balances in the form of btc tweets and elon musk it implies that there may be a trend of their followers activity in transactions even if it may only be a few percent. For the real world, I don't think it will have much influence on financial markets, but the fundamentals will. I agree with you bro its possible to sell or buy bitcoin especially if the position is the same as Elon Musk it would be better to keep the price if the fundamentals are not peppered with tweets or issues. maybe besides btc or doge coin, you follow Elon Musk in investing?

Do you think Elon Musk has also contributed in this dump and has he already sell his investment?
I know that whales and people like Elon Musk already know what is next for the market and they take exit at points where ordinary people fomo In. I am sure he is selling his bitcoins too along with the other whales.

Selling off your Bitcoin in bear market like this, is not a wisdom, rather is another good entry point to buy and hold, just a matter of time, Bitcoin we boom again and Elon musk know what his doing and that is Rich are keep going higher.

He's emotionally unstable so nobody knows that but himself.

He can afford not to be out. For him a million here or a million there is like for you buying someone a beer. If I were him I would not be out so that nobody can question my integrity. My word would be more important than 1% of my portfolio because he's probably just in with something like 1% maybe even less.

No one knows at which price exactly Tesla bought Bitcoin, when they announced it Bitcoin was trading below €30K.

If he sold one-third of his purchased amount that means already he made a huge profit from the Bitcoin market when it reached above  €60K.

So, he can hold the rest amount easily without any fear, two-thirds of his share is enough to contribute to other whales.

I'm sure he will come again to influence the market when he will able to buy Bitcoin at his desired price. People like Elon Musk always know how to make a profit from the financial market.

Currently Elon Musk is one of the big whales and Elon Musk is very influential with the crypto market proven yesterday Elon Musk tweeted Doge and Coin Doge went up drastically but now the market is going down very deep I think with a market like this it is impossible for Elon to sell bitcoin assets.

He's already said that Bitcoin is highly energy demanding. Elon Musk is intelligent so he isn't saying these things out of stupidity. He just has a utopian view of energy consumption being completely green. Bitcoin mining isn't a sector that will be going green any time soon therefore he has no need to prop up Bitcoin because it won't personally enrich him.

I'm sure he understands that a decentralized currency system is beneficial from government tyranny. It takes an elementary understanding of economics to recognize it.

I wonder why Elon Musk will sell his bitcoin. And Bitcoin is nothing to him. Elon Musk is the richest man in the world. He has no shortage of money. Bitcoin is bought by his friends in many cryptocurrencies. Alan Max bought lots of bitcoin. But he will not sell bitcoin now because he has no shortage of money, he will keep bitcoin for a long time.

Elon Musk is very rich and bitcoin dumping won’t affect is wealth to the extent that it will force him to sell them. The bear market has effect more on people that solely depend on money invested in bitcoin for their daily, weekly or monthly spendings.
Bitcoin shouldn’t be compared with other shit coins like dodge, they’re not in any way related as those shit coins can be dumped anytime by those with high percentage hodling them.