BITCOIN4X
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June 12, 2021, 04:03:40 PM |
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from the tweet that he tweeted when the bitcoin price fell some time ago, he said that he would keep and not sell the bitcoin that Tesla had obtained so far, but to be honest I'm a dont believe it now after knowing his fickle attitude towards crypto. other than Elon Musk, of course, no one knows whether Tesla has sold their bitcoins or not, but what is certain now is that Elon Musk has made a lot of people, especially crypto lovers, angry, because what he has done so far is like toying with the market with the influence of his tweets. It's not about crypto, it's about the bitcoin that Tesla owns. Previously they were known to have sold some bitcoin while the rest were said to be held with no intention of selling them. I wouldn't think they would hold on to bitcoin much longer because Elon Musk is too volatile. We can speculate that all the bitcoin that Tesla owns have been sold after their announcement and subsequent financial statement can answer all these speculation. You may be right about the reaction of people who previously believed in him and they have every right to be angry. Elon Musk's erratic attitude has caused many shocks in the market.
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Fatunad
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June 12, 2021, 04:14:16 PM |
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from the tweet that he tweeted when the bitcoin price fell some time ago, he said that he would keep and not sell the bitcoin that Tesla had obtained so far, but to be honest I'm a dont believe it now after knowing his fickle attitude towards crypto. other than Elon Musk, of course, no one knows whether Tesla has sold their bitcoins or not, but what is certain now is that Elon Musk has made a lot of people, especially crypto lovers, angry, because what he has done so far is like toying with the market with the influence of his tweets. It's not about crypto, it's about the bitcoin that Tesla owns. Previously they were known to have sold some bitcoin while the rest were said to be held with no intention of selling them. I wouldn't think they would hold on to bitcoin much longer because Elon Musk is too volatile. We can speculate that all the bitcoin that Tesla owns have been sold after their announcement and subsequent financial statement can answer all these speculation. You may be right about the reaction of people who previously believed in him and they have every right to be angry. Elon Musk's erratic attitude has caused many shocks in the market. Those words would definitely changed up according on the situations that they are facing on no matter how bullish or supportive they were when they do initially accumulate and stored bitcoin into their wallet doesn't mean that they wouldn't really be changing up their minds.Also why would tend to stop them or make out some reaction if they basically be selling it out all of their bitcoin holdings'? Just like a on a typical investor of someone who do buy low will eventually looking for spot to sell high. They aren't protecting their name nor mind that they are Tesla as long they could benefit then that what matter most.
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Gaaara
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June 12, 2021, 06:00:38 PM |
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Elon Musk is kind of weird towards public he always play like some childish game where he wanted the public to look at him as he is trolling but always make sure to come on top, If ever Elon Musk is plotting something it will all end the moment Tesla sold their bitcoin so it is a possibility but it will cut off all possibilities on crypto related for Tesla unless they make sure that the public will trust them that they wouldn't sell it which is hard considering the current situation.
For me selling it is not worth the trouble and if it only decided by Elon Musk and not as a whole company he could've sold it already but if the company's image is involved I don't think it would happen.
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erep
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June 12, 2021, 07:03:11 PM |
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It's not about crypto, it's about the bitcoin that Tesla owns. Previously they were known to have sold some bitcoin while the rest were said to be held with no intention of selling them. I wouldn't think they would hold on to bitcoin much longer because Elon Musk is too volatile. We can speculate that all the bitcoin that Tesla owns have been sold after their announcement and subsequent financial statement can answer all these speculation. You may be right about the reaction of people who previously believed in him and they have every right to be angry. Elon Musk's erratic attitude has caused many shocks in the market.
Whatever the next market shock will no longer affect crypto because they have been caught up in the Elon hype and many have suffered losses, I have ignored any news related to Elon because without him of course crypto will still grow bigger because the crypto community is very strong and spread all over the world.
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nurilham
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June 12, 2021, 11:59:12 PM |
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I don't think Tesla will fool the public by giving false statements if they haven't sold their bitcoin. tesla is a big company so it's very unethical to give fake news to the public
Who knows? Even the tweets of Elon Musk as the owner can not be trusted anymore. Don't forget Tesla ever accepted Bitcoin as the payment to buy their car but it doesn't last a long time. They suddenly announced no longer accepted Bitcoin as the payment tool for no strong reasons. I don't trust Tesla and Elon Musk anymore after this announcement. I think both Tesla and Elon Musk are playing with us, they just want to take advantage of the situation. According to this fact, it is not impossible if they announce fake news.
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stadus
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June 13, 2021, 08:53:23 PM |
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I don't think Tesla will fool the public by giving false statements if they haven't sold their bitcoin. tesla is a big company so it's very unethical to give fake news to the public
Who knows? Even the tweets of Elon Musk as the owner can not be trusted anymore. Don't forget Tesla ever accepted Bitcoin as the payment to buy their car but it doesn't last a long time. They suddenly announced no longer accepted Bitcoin as the payment tool for no strong reasons. I don't trust Tesla and Elon Musk anymore after this announcement. I think both Tesla and Elon Musk are playing with us, they just want to take advantage of the situation. According to this fact, it is not impossible if they announce fake news. They are the only one who knows what's really happening inside, we don't know their address so we can't track their holding. If you believe that Elon manipulated the market, then you should not easily believe on their statement as they might just be playing with us, or people to still feel confident that they are still holding it where in reality they had already made a decent profit from int.
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poodle63
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June 14, 2021, 04:45:12 AM |
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I don't think Tesla will fool the public by giving false statements if they haven't sold their bitcoin. tesla is a big company so it's very unethical to give fake news to the public
Who knows? Even the tweets of Elon Musk as the owner can not be trusted anymore. Don't forget Tesla ever accepted Bitcoin as the payment to buy their car but it doesn't last a long time. They suddenly announced no longer accepted Bitcoin as the payment tool for no strong reasons. I don't trust Tesla and Elon Musk anymore after this announcement. I think both Tesla and Elon Musk are playing with us, they just want to take advantage of the situation. According to this fact, it is not impossible if they announce fake news. Fake news will get them to a problem, so many eyes watching them and that including Tesla and spreading fake rumour like that just for the sake of manipulating the market will get them a really big problem. His recent tweet itself clarifies that tesla only sold 10% to test the water whether the market could contain the dumping or not and as have proven it can. how many tesla holding we don't know for sure but I think it's more than 90% of their disclosed bitcoin investment and probably gonna hold for a long time. Though everything could still happen.
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leea-1334
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June 14, 2021, 07:32:12 AM |
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Well apparently now,,, Tesla have said already they are reconsidering to accept Bitcoin as a payment method again but first miners have to move to 50% green energy. I see two problems here though,,, first, how will miners react to this and why should they even care about Tesla? Secondly,,, how will even Tesla be able to verify the green energy usage?
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erep
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June 14, 2021, 03:41:00 PM |
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As I have said before, if all this time Elon Musk has been too wishy-washy in his every word and recently he has tweeted again to accept bitcoin as an alternative to Tesla payments and the impact of this has slightly pushed up the bitcoin price in the market. but let's be honest if it looks like the crypto market is now under its influence, and to be honest we don't know what other controversy Elon Mus k will have in the future We have to forget bitcoin's relationship with elon musk, because bitcoin ≠ elon musk so forget anything and ignore his tweets, honestly I'm fed up with all the controversy he creates.
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bryant.coleman
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June 14, 2021, 04:48:56 PM |
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Well apparently now,,, Tesla have said already they are reconsidering to accept Bitcoin as a payment method again but first miners have to move to 50% green energy. I see two problems here though,,, first, how will miners react to this and why should they even care about Tesla? Secondly,,, how will even Tesla be able to verify the green energy usage?
Elon will get a better reception, if he says that to the users of some shitcoin such as Doge. We, as Bitcoin users don't really care about Elon and his Tesla company which produces overpriced crappy pieces of junk. He should first improve the quality of Tesla EVs, rather than advising Bitcoiners on how to run our business. After all the theatrics he has done, I don't think that anyone would take a favorable view of him now within the cryptocurrency community. If any of the miners want to move to green energy, then they are free to do that. But that won't be under compulsion from Elon.
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leea-1334
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June 15, 2021, 09:04:03 AM |
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Elon will get a better reception, if he says that to the users of some shitcoin such as Doge. We, as Bitcoin users don't really care about Elon and his Tesla company which produces overpriced crappy pieces of junk. He should first improve the quality of Tesla EVs, rather than advising Bitcoiners on how to run our business. After all the theatrics he has done, I don't think that anyone would take a favorable view of him now within the cryptocurrency community. If any of the miners want to move to green energy, then they are free to do that. But that won't be under compulsion from Elon.
No,,, I think he can continue to advise, I do not mind. As I said above, he will first have to get miners to care, but like you said, he should also focus on his business. Imagine if Bitcoin miners got together and told him how to run his electric car or SpaceX business:) Regarding his favorable view,,, I think you need to understand crypto communities are sheep. They will follow you around even after you slaughter some of them for meat.
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ubercool
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June 15, 2021, 09:31:06 AM |
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According to Musk's recent tweet, Tesla sold 10% of its holdings to prove the liquidations. This may be true and companies do this in order to prove liquidity but we will not able to know if they sell in the early days of a quarter. Tesla might start accepting Bitcoin in the future to keep their Bitcoin wallets full but it'll be harder for us to know what they're doing now.
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FanEagle
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June 15, 2021, 06:12:19 PM |
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First of all how do you have a proof that 50%+ of miners are using clean energy? I mean you can see the miners using energy but you do not know where that energy comes from, maybe they are taking it from a renewable energy source or maybe they are using coal like some old time train, I do not know what the deal is there but I know that it is definitely not easy to prove what is happening and what is not.
This is why I believe there is a good chance he is just stalling it. You do not sell 10% of your entire bitcoin balance just to see if it works, and let's say you did, and you saw that the market wasn't impacted (or even if it was impacted) and then you just buy it back. If you sold 10% of your entire portfolio and then didn't buy back, that means you sold, that's it there is no reason for it like checking to see bla bla bla it is just simple selling and getting some of it out that's it.
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Botnake
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June 15, 2021, 09:29:57 PM |
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According to Musk's recent tweet, Tesla sold 10% of its holdings to prove the liquidations. This may be true and companies do this in order to prove liquidity but we will not able to know if they sell in the early days of a quarter. Tesla might start accepting Bitcoin in the future to keep their Bitcoin wallets full but it'll be harder for us to know what they're doing now.
That's a wrong move proving the liquidity of bitcoin, they have both that bitcoin when the market was already liquid, so they have already prove themselves that liquidy was there in the first place, for me, I think they are up to something with their tweet and announcement, they are not true to it and there main intention is just to take advantage and manipulate the market.
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kawetsriyanto
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June 15, 2021, 11:10:20 PM |
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I think it's more than 90% of their disclosed bitcoin investment and probably gonna hold for a long time.
Elon Musk is the Tesla owner, he is a smart guy. He must advise Tesla to buy at a proper time if they decide to hold for a long time. Since we are in the Bullrun season, buying now mustn't for a long time. The price of Bitcoin will drop more and massively in the next bearish season. So, I am pretty sure if Tesla or even Elon Musk will sell their Bitcoins before Bullrun ends.
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AmoreJaz
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June 15, 2021, 11:19:22 PM |
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First of all how do you have a proof that 50%+ of miners are using clean energy? I mean you can see the miners using energy but you do not know where that energy comes from, maybe they are taking it from a renewable energy source or maybe they are using coal like some old time train, I do not know what the deal is there but I know that it is definitely not easy to prove what is happening and what is not.
This is why I believe there is a good chance he is just stalling it. You do not sell 10% of your entire bitcoin balance just to see if it works, and let's say you did, and you saw that the market wasn't impacted (or even if it was impacted) and then you just buy it back. If you sold 10% of your entire portfolio and then didn't buy back, that means you sold, that's it there is no reason for it like checking to see bla bla bla it is just simple selling and getting some of it out that's it.
to be honest, it is none of our business if he sold his bitcoins or not. and we may never know the ultimate truth behind his tweets. we can speculate all we want, but it will not change on how he will manage his crypto portfolio or how he is seeing himself in terms of crypto investments. they can do what they want with their bitcoin, because it is theirs in the first place. so why not take care of our own portfolio instead? and talking about miners, using clean energy, we can't have the exact figures about such usage.
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erep
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June 15, 2021, 11:47:12 PM |
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Elon Musk is the Tesla owner, he is a smart guy. He must advise Tesla to buy at a proper time if they decide to hold for a long time. Since we are in the Bullrun season, buying now mustn't for a long time. The price of Bitcoin will drop more and massively in the next bearish season. So, I am pretty sure if Tesla or even Elon Musk will sell their Bitcoins before Bullrun ends.
Do you mean Tesla is only taking advantage of the bullrun market, so the conclusion is that Elon pumps bitcoins only to sell bitcoins at high prices. If that's the goal then people will avoid every market hype that Elon posts on twitter.
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Sithara007
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June 16, 2021, 04:01:34 AM |
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to be honest, it is none of our business if he sold his bitcoins or not. and we may never know the ultimate truth behind his tweets. we can speculate all we want, but it will not change on how he will manage his crypto portfolio or how he is seeing himself in terms of crypto investments. they can do what they want with their bitcoin, because it is theirs in the first place. so why not take care of our own portfolio instead? and talking about miners, using clean energy, we can't have the exact figures about such usage.
It is not going to be that simple. Elon has managed to manipulate the cryptocurrency market by a great degree using his tweets as a weapon. Now if he is selling this coins, that can give rise to speculation regarding insider trading. In normal cases, whether he sells his coins or not is his business. But under changed circumstances, he loses that immunity. Anyway, from what I heard, the SEC is closely monitoring his activity in the cryptocurrency market. Any mistake is going to cost him a few billion USD in penalties.
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VanDeinsberg12
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June 16, 2021, 08:00:29 AM |
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Well apparently now,,, Tesla have said already they are reconsidering to accept Bitcoin as a payment method again but first miners have to move to 50% green energy. I see two problems here though,,, first, how will miners react to this and why should they even care about Tesla? Secondly,,, how will even Tesla be able to verify the green energy usage?
so there's report as well written in yahoo finance saying 74% of mining power uses renewable energy if that's true then isn't elon's requirement for miner to move to 50% energy already fulfilled or it is every individual miners should at least switch 50% of their rigs to renewable energy? the problem about this is that there's no 100% accurate reports and each reports seem to differ to each other, not to mention every mining facilities is able to switch that easily to renewable energy, not to mention that elon isn't our commander either
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