Elon Musk Wont Sell his Bitcoin

[pooya87]

there are the benchmark of the past (past transactions of a news) and I hope it will pump for bitcoin despite a deep correction

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!

[1715500399]

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[kryptqnick]

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.

[The Cryptovator]

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.

[LogitechMouse]

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.

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.

[Despairo]

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.

[sarmrakib]

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.

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 .

[Sterbens]

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?

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.

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.

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.

[fiulpro]

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.

[Natalim]

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.

[Lucius]

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.

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.

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 

Perhaps some of his actions will be clearer to you if you understand his connection to both altcoins he always mentions.

[rdbase]

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.

Yeah, he won't sell his Bitcoins now, what about the near future? He still has massive influence in the market and  just hope that he doesn't lose his value over the promotion of Dogecoin. But who knows this part of a strategy.

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.

[Cookdata]

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.

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.

[coolcoinz]

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 

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.

[qwertyup23]

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.

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.

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.

[dunfida]

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.

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.

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.

[virasog]

Maybe he thinks that holding a lot of Bitcoin forever will save him and help him become more famous. A whales like Elon Musk can really play the market without worrying to lose their money, perhaps, they can afford it. However, whatever he does with his Bitcoin, people are not interested to know it, actually, we don't care. But believe me or not, Elon Musk is a wise person, he could trick us. he can pretend that he is holding till now, in fact, we don't know the truth.

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.

[Flexystar]

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.

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.

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!!!

[24Kt]

I care less about his decision to either keep his Bitcoin or sell them as it has always been the principle of most holders to have a time stipulation for they asset, Elon musk used to influence the market with this kind of tweets in the past but not now that the attention has been shifted to more serious issue such as the Ukraine invasion and the EU parliament voting on digital asset today.

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.

[usekevin]

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.

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.

[wxa7115]

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.

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 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.