Elon Musk statement on his Bitcoin holding

[Lorence.xD]

Elon musk never sell there bitcoin I'm 99.09 Sure

Any proof that will support or corroborate with that claim, there are plenty of reasons to sell bitcoin and if Elon sees it fit with his next agenda, I am sure that he will sell his bitcoin to prove a point.

[acener]

Just let him be if they want to sell their holding or investment let them do it they are free to do so,
Other investor would buy it back it could drive the price lower but it would recover soon.
Now I think Elon is playing with Bitcoin maybe he is done with Doge and wants to try creating waves on Bitcoin price.

[Ausgewielt]

He is an expert, he know what he doing. I still believe that Elon Musk see something good about bitcoin. In my oppinion, use popularity to help increase the price of stock or cryptocurrency in order to gain profit isn't good behaviour. If he do that then he and his company image will become bad. I think he really interested to bitcoin and blockchain technology.

[eXtremal]

Tesla greatly influenced the current state of bitcoin, imagine if Elon Musk decided to quit bitcoin, we would see a quarter loss of bitcoin's current good condition. But, like Elon Musk a good man, he's like telling the truth in his investments with bitcoin, if Elon Musk lasts longer with bitcoin it will make bitcoin much to be known.

Just let him be if they want to sell their holding or investment let them do it they are free to do so,
Other investor would buy it back it could drive the price lower but it would recover soon.
Now I think Elon is playing with Bitcoin maybe he is done with Doge and wants to try creating waves on Bitcoin price.

Well, it looks like he's tired of Doge, but playing with bitcoin is a tough thing, not only is Elon Musk the only rich person who goes into bitcoin, we don't know who the biggest bitcoin holders are right now, or if they're selling all his investments then there's always a whale coming down to buy. and it will recover only if Elon Musk quits bitcoin it could have an impact long enough, maybe a little similar in 2018.

[moderator's note: consecutive posts merged]

[RondoAnyar]

why does elon musk say that, it looks like elon musk doesn't want to lose his profit in bitcoin. i think elon musk has a secret in his statement, so i don't think too much trust statement like that keep doing the best and according to your own ability

[Willitivity]

He is an expert, he know what he doing. I still believe that Elon Musk see something good about bitcoin. In my oppinion, use popularity to help increase the price of stock or cryptocurrency in order to gain profit isn't good behaviour. If he do that then he and his company image will become bad. I think he really interested to bitcoin and blockchain technology.

But Elon Musk has been indirectly responsible for the price increase that Doge has been experiencing in the last few days and weeks. But he does this indirectly so he might not get slapped with a lawsuit for influencing the market. Whether you like it or not, Doge won't reach this new height without Elon Musk constant shilling. Similarly, Elon Musk is using his tesla company to try and replicate something similar with Bitcoin. Telsa sells bitcoin to prove liquidity yet Elon Musk claims his personal stash of bitcoin is not touched. I remember he said one time he doesn't own bitcoin. Stories just getting twisted with each passing day.

[Pamadar]

Just let him be if they want to sell their holding or investment let them do it they are free to do so,
Other investor would buy it back it could drive the price lower but it would recover soon.
Now I think Elon is playing with Bitcoin maybe he is done with Doge and wants to try creating waves on Bitcoin price.

Whatever he decide for his investment it's he's right or his company's right.

Their money their responsibilities, the problem is to those who keeps chasing his words from social medias, they are the one who are really affected, misconceptions or being allure by his words. Investment is a business that you really need to think of everything instead of relying with luck and other people's opinions.

why does elon musk say that, it looks like elon musk doesn't want to lose his profit in bitcoin. i think elon musk has a secret in his statement, so i don't think too much trust statement like that keep doing the best and according to your own ability

Better than relying to anyone. Musk is just another big whale inside, he does influenced in many ways as there are
people who keeps believing on him as a business tycoon.

[Slow death]

distinguish personal investment from corporate investment, what Elonmusk said is very clear and true so in my opinion, don't panic if there is news that Tesla is selling some of its investment in bitcoin because Tesla is a large company that needs profit to develop its company to grow.
after all, 10% of Tesla's total investment is only a small part of his total assets in bitcoin so don't worry bitcoin still has a bullish potential to the new ATH.

the thought that everyone should buy bitcoin to make hodl is making many people try to force others to do the same thing. if a rich person or rich company buys a lot of bitcoins people keep thinking that the company or rich person should make eternal hodl, but that is not how it works, anyone has the right to do whatever they want with their investment, they have the right to seek profit. people must understand this

Well, it looks like he's tired of Doge

to this day I wonder what he saw in dogecoin? I can not understand

[meanwords]

Telsa sells bitcoin to prove liquidity yet Elon Musk claims his personal stash of bitcoin is not touched. I remember he said one time he doesn't own bitcoin. Stories just getting twisted with each passing day.

Well to be fair, Tesla's Bitcoin holdings is very much different from his own bag so his claims are valid. It's pretty obvious that he has some secret Bitcoins stored in but he just doesn't want people to know how much he have. I don't know the reason though.

[Kasabus]

Telsa sells bitcoin to prove liquidity yet Elon Musk claims his personal stash of bitcoin is not touched. I remember he said one time he doesn't own bitcoin. Stories just getting twisted with each passing day.

Well to be fair, Tesla's Bitcoin holdings is very much different from his own bag so his claims are valid. It's pretty obvious that he has some secret Bitcoins stored in but he just doesn't want people to know how much he have. I don't know the reason though.

And besides, Elon has the right to do that and hide his holding. And I don't think it was important to know how much he is holding right, it was his choice to keep a secret. We never know his entire life, we even don't know what is doing with his Bitcoin. We do not need to argue If he denies that nor says that claims are right because he is the one who knows everything about what he is doing.

[doctor877]

the way people interprete this top guys tweet is the real problem. meanwhile announcing a sell is for a purpose which people will see as negative but its not. you have to know what you are doing and not let these words get into you. dont expect Elon to tell you things the way it is, its his choice if he really wants people to know or not.

[geegaw]

He is an expert, he know what he doing. I still believe that Elon Musk see something good about bitcoin. In my oppinion, use popularity to help increase the price of stock or cryptocurrency in order to gain profit isn't good behaviour. If he do that then he and his company image will become bad. I think he really interested to bitcoin and blockchain technology.

Maybe you are overestimating the qualities of Elon Musk, he really cares a lot about the value of bitcoin but technology is not a thing he loves because these values are too vague, most of us do not know where bitcoin can be most heavily used and developed, all information points towards one goal of increasing bitcoin's price. And when looking at sensitive interests like money and profits, Elon Musk acts like many others, using fame to achieve common goals, he is not as noble as you think, just looking at his statements is enough to understand the role of manipulation

[elisabetheva]

Well to be fair, Tesla's Bitcoin holdings is very much different from his own bag so his claims are valid. It's pretty obvious that he has some secret Bitcoins stored in but he just doesn't want people to know how much he have. I don't know the reason though.

In fact, it is the right of an @elonmusk to be able to keep what they have a secret and it doesn't have to be all published, as a businessman he clearly understands the situation and will certainly do so not to make an impact on him later and clearly with Tesla. many believe that @elonmusk holds a lot of bitcoins, it can also be seen from the way he sells Tesla which can use bitcoin. This clearly indicates that he does not want to buy through a broker because it will certainly be known to the public.

[slaman29]

He is an expert, he know what he doing. I still believe that Elon Musk see something good about bitcoin. In my oppinion, use popularity to help increase the price of stock or cryptocurrency in order to gain profit isn't good behaviour. If he do that then he and his company image will become bad. I think he really interested to bitcoin and blockchain technology.

He is an expert in tech yes and building space tech etc but he is not an expert in Bitcoin and on wealth,,, I am so sure the decision came from his CFO or something similar in a financial position.

Even he admitted he got in late when surely he must have heard about it a long time ago and yet did not get in. So as an expert if he did not get in early, then he surely needs to be a better expert:)

[TheGreatPython]

[img width=]https://i.postimg.cc/9X9R0cXx/Screenshot-20210427-193846.jpg[/img]
Lot's of people spread rummers that elon mask playing with bitcoin market and he exist after taking his profit. Peoples says elon mask sold his bitcoin to crush the market. But elon mask clear this matter by reply a same topic tweet. That he is still his 90% investment of bitcoin holding. He just sold 10% of his nvestment. Just becasue of spaceX needs funds bitcoin liqudity according to his word. He just confirmed this news. So guys don't panic and don't spread rummers.  I want to know what you guys thought about his tweet. What is your opinion?

From what I have seen, the company itself (TESLA) sold its bitcoin holdings right? So if it’s the company, then we shouldn’t say that it is Elon Musk. I do understand that he’s the CEO there and makes most of the orders that they carry out, but let’s talk about him personally. Although the last time I saw something about him owning bitcoins, he said it was just a few, and if I can remember clearly it is about 0.25 BTC.

Anyways, I don’t know whether he bought more bitcoins and added to his private holdings or if he has sold them all. Anyways, it’s not like they are not going to sell their holdings at some point, in fact every of these companies that are holding bitcoin as part of their assets can do that at any time.

[hazenyc]

He is an expert, he know what he doing. I still believe that Elon Musk see something good about bitcoin. In my oppinion, use popularity to help increase the price of stock or cryptocurrency in order to gain profit isn't good behaviour. If he do that then he and his company image will become bad. I think he really interested to bitcoin and blockchain technology.

He is an expert in tech yes and building space tech etc but he is not an expert in Bitcoin and on wealth,,, I am so sure the decision came from his CFO or something similar in a financial position.

Even he admitted he got in late when surely he must have heard about it a long time ago and yet did not get in. So as an expert if he did not get in early, then he surely needs to be a better expert:)

LOL! He is not an expert in Bitcoin and on wealth? He understands it all including programming. I am not saying he is the best programmer, but he understands it. He also understands wealth and financial technology. I highly doubt he got in late.

[Bilgent]

Technically, he hasn't sold his Bitcoin, it was Tesla's. And I don't see any abnormality about it as it was just an investment in the end and they've made a really great deal of profit so far. But I'm not content about that the market can be manipulated too easily by these news.

[Chato1977]

Technically, he hasn't sold his Bitcoin, it was Tesla's. And I don't see any abnormality about it as it was just an investment in the end and they've made a really great deal of profit so far. But I'm not content about that the market can be manipulated too easily by these news.

And that is Only 10% that is nothing compared to the remaining 90% .

And Tesla stands for Elon as Elon stands for tesla as well , so tesla selling is Elon's selling .

[Timelord2067]

Question:  Whose head would roll at Tesla if Bitcoin were to surge immediately after the bitcoin were sold?  

Answer: No one's because no-one at Tesla does anything without Elon Musk's authorisation.  It's his company after-all.


Saying Tesla chose to sell bitcoin is like saying the dog ate the homework which is a poor level of responsibility for Musk to take.

[philipma1957]

Lot's of people spread rummers that elon mask playing with bitcoin market and he exist after taking his profit. Peoples says elon mask sold his bitcoin to crush the market. But elon mask clear this matter by reply a same topic tweet. That he is still his 90% investment of bitcoin holding. He just sold 10% of his investment. Just becasue of spaceX needs funds. He just confirmed this news. So guys don't panic and don't spread rummers.  I want to know what you guys thought about his tweet. What is your opinion?

Elon has worded this statement in a certain way, but as cryptocurrency is not a regulated financial instrument so he could be lying and nobody would ever be able to take any action against him. That's why he cannot spout rumors around Tesla any more, so manipulates cryptocurrency like Dogecoin instead. The fact that you instantly conflate "his" bitcoin with Tesla's bitcoin shows how he can get away with such things, it is effectively working as a money market fund within Tesla and he is not bound to much publication around the profit he takes. The fact that he is on the defensive should be more alarming than him ignoring it in the first place - he usually revels in controversy, he might want a longer time to sell off at the higher price.

Bulls eye 👁.

As long as he does not own an exchange I am pretty sure he can say whatever he wants to about any cryptocoin.

So he is having some fun.

Since it is 10% of Tesla’s BTC it is pretty much a no story.

If it was all of the companies holdings it would have more meaning.

I wonder if there will be a call 📞 for more restrictions on touting a cryptocoin.

Technically, he hasn't sold his Bitcoin, it was Tesla's. And I don't see any abnormality about it as it was just an investment in the end and they've made a really great deal of profit so far. But I'm not content about that the market can be manipulated too easily by these news.

And that is Only 10% that is nothing compared to the remaining 90% .

And Tesla stands for Elon as Elon stands for tesla as well , so tesla selling is Elon's selling .