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NavI_027
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May 17, 2020, 08:32:05 AM |
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Do you guys realy think a 40$ Billion Networth Guy Hold only 0.25BTC?
Yeah coz why not? I mean it's not impossible that he is not into bitcoin despite of being rich. He got Tesla and I think that's enough proof that he can be a billionaire even without owning a single crypto. Besides, he is a well known Dogecoin fan that's why he only got .25 btc .
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CaVO32
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May 17, 2020, 08:46:53 AM |
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Do you guys realy think a 40$ Billion Networth Guy Hold only 0.25BTC?
Yeah coz why not? I mean it's not impossible that he is not into bitcoin despite of being rich. He got Tesla and I think that's enough proof that he can be a billionaire even without owning a single crypto. Besides, he is a well known Dogecoin fan that's why he only got .25 btc . maybe he has a lot of doge like billions of it. so he only disclosed his btc holdings so as not to make a big fuzz with it. but it just shows that he knows how to deal with crypto. it is not a rocket science anyway considering that he is into rockets literally. anyway, I think there are a lot of known personalities that are silently holding bitcoin. and if you are a holder, you really don't need to brag it to others.
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CryptoArbi
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May 17, 2020, 08:58:27 AM |
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You can never be sure about his statements. I recall a tweet saying that Tesla's stock price is expensive. Can you trust such a guy? Was he sober?
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planteria
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May 17, 2020, 09:49:47 AM |
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i don't think we have any reason to believe that it's untrue. but the important thing is that it doesn't matter.. it provides the potential upside the day he comes out and says he's taken time to understand it, and has now bought a lot more bitcoin .
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pakhitheboss
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May 17, 2020, 09:52:14 AM |
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How the heck can you believe on what he tweeted. Why will anyone reveal the actual amount on a public forum when the world knows never to reveal your holding.
He is playing mind games with the community as he has done in the past and there are members here who believe those tweets. Those are bunch of lies he tweeted.
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madhavsinghrajput
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May 17, 2020, 09:54:09 AM |
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I think he is being humble in that sense coz guy like him who is Soo involve in whatever he does or wherever he invest has bought only a drop from ocean is unreal to believe.If he thinks Bitcoin is a future than he would have invested much more and if not than he would not even buy Bitcoin worth single dollor so I don't think he is speaking truth here.
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salamat700
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May 17, 2020, 09:56:33 AM |
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Do you guys realy think a 40$ Billion Networth Guy Hold only 0.25BTC?
Well, we can take his words to be the truth, or we can speculate that he is just hiding whatever Bitcoin he is holding. In the world of business and investing, there are many ways one can own something without really technically owning it. Now, if the man is telling the truth then maybe he is not really convinced that he needs Bitcoin or as one poster here is speculating the man just does not need Bitcoin as he has many other business interests being pursued. Still, the industry and community owed this man some thanks as he is a known supporter and promoter of Bitcoin and cryptocurrency in general.
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UmerIdrees
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May 17, 2020, 10:03:24 AM |
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This is a joke of the year that Elon Musk hold only 0.25 bitcoins. Even if he did not wanted to tell the truth he could have announced some reasonable amount. No one will believe that a millionaire is holding such a small amount of bitcoins.
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Tipstar
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May 17, 2020, 10:09:51 AM |
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This is a joke of the year that Elon Musk hold only 0.25 bitcoins. Even if he did not wanted to tell the truth he could have announced some reasonable amount. No one will believe that a millionaire is holding such a small amount of bitcoins. Elon musk claiming he have 0.25 bitcoins is strange. Atleast he admitted of possessing bitcoins. That would make him poorer than myself. Elon is a intelligent person and a tech enthusiast. Has talked about bitcoin and Ethereum on several occasions. It would not be a surprise if he's saying he have 0.25% of all bitcoins.
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btc_angela
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May 17, 2020, 10:10:50 AM |
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Do we really need to know how much BTC Elon Musk hold? Yes, he seems to be very bullish about it but I guess it doesn't matter though. It won't push the price, it won't get the needed adoption. And again, bitcoin is pseudo-anonymous, we only have bitcoin address to rely on. Anyone can claim that they have 1 or 10 or even 100 bitcoin, but we really don't know if that is true, unless he signs that address. And even average Joe doesn't want to revel how much bitcoin they have. So we can't really say if this is true or not.
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sunsilk
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May 17, 2020, 10:11:00 AM |
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He twitted that amount too last Feb. 2019 and yet he still hold the same amount. Hmm. Probably, he wants to remain lowkey spite of being popular so that people wouldn't go crazy that he holds a lot of amount. Btw, here's the tweet that he made last year. He said that it's just a gift from a friend. https://twitter.com/elonmusk/status/1098533927336083456Maybe he's also saying the truth but he's knowledgeable about it. And in bitcoin community, it's not really required to tell how much you have.
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thirdkiller
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May 17, 2020, 10:19:10 AM |
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This is very strange, it seemed to me that he invests in crypto quite a lot. There is something to think about.
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kryptqnick
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May 17, 2020, 10:41:24 AM |
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Elon Musk has a special sense of humor, and he often said provocative things about cryptos before. It might be another joke of his, I don't know. Or perhaps he personally owns just 0.25 BTC but his relative/company owns way more... It could be that 0.25 is all he has, though. This guy is a typical trickster, IMO. Even now, saying that he owns only 0.25 BTC, he made the news because of telling Rowling that Bitcoin 'looks solid' in comparison with fiat, basically (see here). But in the same sentence he called bitcoin 'internet ghost money' which might be offensive. He keeps his crypto opinions well-balanced, so his neither a supporter nor an opposer in the end.
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danherbias07
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May 17, 2020, 10:57:23 AM |
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It is not April Fool's Day anymore but we could still see some good jokes. Difficult to believe that this guy will just buy that much. Trial version? It is either he doesn't own 100-500 bitcoins or he doesn't have any. That is the only option if you are rich. Or, he could be buying other crypto currencies. A possible theory could be, he sold it now and just waiting for the buy back. Just a hunch.
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Jating
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May 17, 2020, 11:06:57 AM |
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This is very strange, it seemed to me that he invests in crypto quite a lot. There is something to think about.
What is strange though? we really don't know if he is a crypto investors or just joining the bandwagon. For us, its really hard to believed that a billionaire like Elon will have < 1 BTC, but hey, who I'm I to judge this guy? For all we know, he may have stash more BTC but he just want to keep it quiet because maybe some of his friends are going to bash him for investing on crypto. We really can't say for certain, but it doesn't bother me at all.
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virasog
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May 17, 2020, 11:07:29 AM |
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This is a joke of the year that Elon Musk hold only 0.25 bitcoins. Even if he did not wanted to tell the truth he could have announced some reasonable amount. No one will believe that a millionaire is holding such a small amount of bitcoins. Elon musk claiming he have 0.25 bitcoins is strange. Atleast he admitted of possessing bitcoins. That would make him poorer than myself. Elon is a intelligent person and a tech enthusiast. Has talked about bitcoin and Ethereum on several occasions. It would not be a surprise if he's saying he have 0.25% of all bitcoins. I also posses more bitcoins than Elon musk. I wonder why people speck false statements with so much confidence. Don't they think that people will make fun of them once they will hear such statements of popular personalities ?
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svaboda54
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May 17, 2020, 11:19:06 AM |
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Elon Musk can buy a lot of btc at any time but it seems that he is not interested in it.
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riffaz
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May 17, 2020, 11:34:25 AM |
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If that is a true statement then the conclusion is: 1. he is not into Bitcoin 2. he loves and believe in Doge more than Bitcoin 3. he loves and believe in Tesla more than Bitcoin
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davis196
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May 17, 2020, 11:44:36 AM |
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Most of his wealth is in the form of Tesla and SpaceX stocks.The Tesla stocks were pretty volatile a few months ago.If he sells some stocks just to buy a large amount of BTC,the stock prices of his companies might collapse. A guy like Elon Musk likes to build things-automobiles and rockets.Buying a cryptocurrency just for the sake of speculation and trading profits isn't in his style.Even though he has some interest around Bitcoin,he is the co-founder of PayPal(even though he sold his shares).I think that PayPal can be considered as Bitcoin's archenemy.
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