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Author Topic: (I have not sold any bitcoins) New words from Elon Musk  (Read 508 times)
shogun47
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April 29, 2021, 07:45:33 PM
 #41

Truly I dont get it, It is nice that Elon decided to invest in Bitcoin because he too have seen the potentials with investing in Bitcoin and Bitcoin has had a good strong community over the years of its existence and have been doing well to which I believe that people like Elon musk and the whole Institution are now capitalizing on. This people are not helping Bitcoin but the other way round because now they can even make more monies than they would have. 

Some argue that the connection of Elon to Bitcoin is much much closer than many people think. We shouldn't forget he also founded PayPal and is familiar with financial technology. I personally believe he is holding a lot of Bitcoin. Not holding it for a little while now, but maybe has even the first or the very first to buy it.
And he never felt any pressure to sell it.

It's a nice idea to think about that he is neck deep into in perhaps a special role. There were voices saying he could be Satoshi. I don't know if I would go that far, but it's not impossible that he was involved very early on. It is also him positioning satellites in space. A lot of the things he is doing make a whole of sense and are very coherent.

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Becky666
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April 29, 2021, 08:03:33 PM
 #42

Elon musk tweeted his Twitter profile with his own speech, I don't sell my bitcoin which means that elon musk a viral person who already invested bitcoin and dogecoin but he didn't sell his any cryptocurrencies.
Even if he sold his bitcoin, what's that got to do with everyone in the market? Yes the prices will go down when Elon dumps his coins but we know that it will just get back up.
Yes ofcourse mate, absolutely nothing if he sold but for Elon Musk to make such statement wasn't just to create fear in the mindset of other investor but to clear the air about what others said about him that was wrong. Tesla as a company sold their 10% holding in bitcoin to prove liquidity and rumors went around that it was Elon Musk instead of Tesla, so, he took time to address that. 

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April 29, 2021, 10:16:14 PM
 #43

Elon musk tweeted his Twitter profile with his own speech, I don't sell my bitcoin which means that elon musk a viral person who already invested bitcoin and dogecoin but he didn't sell his any cryptocurrencies.
Even if he sold his bitcoin, what's that got to do with everyone in the market? Yes the prices will go down when Elon dumps his coins but we know that it will just get back up.
Yes ofcourse mate, absolutely nothing if he sold but for Elon Musk to make such statement wasn't just to create fear in the mindset of other investor but to clear the air about what others said about him that was wrong. Tesla as a company sold their 10% holding in bitcoin to prove liquidity and rumors went around that it was Elon Musk instead of Tesla, so, he took time to address that. 
If he sold his bitcoin, it's just a temporary dump and will recover soon but that's not the odea here. Let's not forget the fact that if Elon Musk is hodling bitcoin then many people will also trust bitcoin.

The more Elon Musk hodl his crypto, the more assurance it gives to the people who are curious about it and add those institutional investors.
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April 29, 2021, 10:39:23 PM
 #44

Whatever he says. But undeniably he’s a big help in Bitcoin adoption but I hope his followers are doing their homework specially the inexperienced because if they rely only in the words of others thats why they invested then they might get a serious problem.

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April 29, 2021, 10:48:15 PM
 #45

So what, if Elon or Tesla sold some of his/their Bitcoin? They are just making profit and that's okay but if you guys can't accept the fact that he's gaining during this bullish season, then be like him. Look how the price went up again today and this is just a rumor it doesn't do anything with the market because some reasons is possible of why Bitcoin was down during that time including the drop of hashrate.

It's not Tesla can make the market move so why put some blame/reason everytime the market drops?

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April 30, 2021, 04:08:14 AM
 #46

When big tech companies like Tesla start repeatedly talking about bitcoin, the rumor of selling and not selling but testing, it's wise for some of us to just vault the little bitcoin we currently have. This tells us the direction of the world economy and the need never to listen to capitalist who always want to hold us in their pocket. Bitcoin still not too expensive, wait until other giant companies start dishing fiat for bitcoin.

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April 30, 2021, 08:20:39 AM
 #47

Whatever he says. But undeniably he’s a big help in Bitcoin adoption but I hope his followers are doing their homework specially the inexperienced because if they rely only in the words of others thats why they invested then they might get a serious problem.
Well people expect elon to keep hyping up bitcoin while keep telling him not to sell, meanwhile many people are also trying to cash out due to the hype. Honestly it's fine even if elon himself selling all of his bitcoin, the problem lies on the people who overly paranoid and overthink about elon's decision.
You see how many people in the twitter explodes from the simple statement of "tesla selling off 10% of their bitcoin" and they thought it was all over the day of bitcoin holding, but after elon himself made a statement, they suddenly got calmed down.

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April 30, 2021, 09:44:45 AM
 #48

i think the reason why Elon tweet gets more attention is because he is one of the people that came publicly to announce their bitcoin purchase. this tweet is for tesla holding not his personal own. but i feel we really dont need to get borthered about who sells his bitcoin or hold.

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April 30, 2021, 10:01:22 AM
 #49

What does it mean? Will bitcoin reach 60k in this week. Please suggest me so I can invest.
it can go either because the market is still sideways but you have to make research yourself and make final decision. dont rely on what people fully, they can only give you a guide or information but you need to check and decide so that when things go wrong, you will know what to do because you made the final decision yourself with much conviction.

shogun47
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April 30, 2021, 03:48:03 PM
 #50

So what, if Elon or Tesla sold some of his/their Bitcoin? They are just making profit and that's okay but if you guys can't accept the fact that he's gaining during this bullish season, then be like him. Look how the price went up again today and this is just a rumor it doesn't do anything with the market because some reasons is possible of why Bitcoin was down during that time including the drop of hashrate.

It's not Tesla can make the market move so why put some blame/reason everytime the market drops?

Elon didn't sell any and I believe him really. He has no pressure whatsoever to sell any. He is not in need for cash, why would he then?

Tesla is a different story. They have shareholders and want to present a nice balance sheet in public. Perfect opportunity to make that move and they went for it. Nothing else.

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