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Author Topic: Elon Musk Wont Sell his Bitcoin  (Read 1919 times)
Bitcoinking99
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June 19, 2022, 05:34:55 AM
 #201

I wonder why Elon Musk will sell his bitcoin. And Bitcoin is nothing to him. Elon Musk is the richest man in the world. He has no shortage of money. Bitcoin is bought by his friends in many cryptocurrencies. Alan Max bought lots of bitcoin. But he will not sell bitcoin now because he has no shortage of money, he will keep bitcoin for a long time.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 19, 2022, 06:56:40 AM
 #202

Elon Musk is very rich and bitcoin dumping won’t affect is wealth to the extent that it will force him to sell them. The bear market has effect more on people that solely depend on money invested in bitcoin for their daily, weekly or monthly spendings.
Bitcoin shouldn’t be compared with other shit coins like dodge, they’re not in any way related as those shit coins can be dumped anytime by those with high percentage hodling them.

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