Elon Musk Wont Sell his Bitcoin

[Captain Corporate]

 The problem with Elon Musk is that he thinks of himself too highly. Which makes it a bit harder to like him. I mean he is doing all he can to actually help the world when you think about it, electric cars definitely is a good direction for climate change to get better, and so is solar panels as well, and even finding alternative planets to live which is the end game for spacex. So all in all if you look at what he does, I would say he is actually on a long term trajectory to be helping humanity survive. However, his character really makes it hard to like him, dude is a horrible human being as soon as he opens his mouth and that is a very tough thing to say about someone who is trying to help the world.

[verita1]

I don't think Elon Musk is losing convincing through his tweets. Rather he is helping to make the atmosphere of uncertainty no darker. We are witnessing that the support of the bitcoin price is at $38,000 and if the price goes down even further, many monetary and confidence losses will occur.
So there is a lot that we have to take care of to make bitcoin always strong. I still remember the atmosphere of uncertainty at the beginning of the pandemic and in this case we can also come out on top.

[sunsilk]

I'm thinking that it's not a tweet to boost the market's price for specific cryptos that he mentioned. Although we know his bias about dogecoin, I don't really expect him to defeat the market's nature of being bearish this time despite his tweets.

Well, good to know that he's the same as us that he won't sell his bitcoins and we all have plans of holding it for the long term. Anyway, he might be big as his name but he's still the same as us so whether you care or not, it won't change our decision to hold.

Honestly, that tweet is good advise for everybody about not saving money through the bank and he said to invest it into real estate and company bonds while in the last friendly tip he had given, of course it's all about crypto and the obvious.

[titular]

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 

Well if you recall from months back, Elon said his doge holdings are insignificant to that of his bitcoin holdings.

People don't understand that Elon has significantly more bitcoin than any other crypto in his portfolio. He just wants to cover all the things he said in the past were "good".

[carlfebz2]

I'm thinking that it's not a tweet to boost the market's price for specific cryptos that he mentioned. Although we know his bias about dogecoin, I don't really expect him to defeat the market's nature of being bearish this time despite his tweets.

Well, good to know that he's the same as us that he won't sell his bitcoins and we all have plans of holding it for the long term. Anyway, he might be big as his name but he's still the same as us so whether you care or not, it won't change our decision to hold.

Honestly, that tweet is good advise for everybody about not saving money through the bank and he said to invest it into real estate and company bonds while in the last friendly tip he had given, of course it's all about crypto and the obvious.

Dont know on why people do really react that much and having those impressions that against with Elon? We do have the freedom of speech though but it couldnt be avoided for people to hesitate nor criticize since

we know on how he really make out some manipulative kind of tweets back in the past which it could understand on their point somehow.For now this is just an ordinary tweet and i dont see
any manipulative intent which he mentions on all of his coins that been holding.Of course he would really be not selling those not on the right time.

[lepbagong]

I don't think Elon Musk is losing convincing through his tweets. Rather he is helping to make the atmosphere of uncertainty no darker. We are witnessing that the support of the bitcoin price is at $38,000 and if the price goes down even further, many monetary and confidence losses will occur.
So there is a lot that we have to take care of to make bitcoin always strong. I still remember the atmosphere of uncertainty at the beginning of the pandemic and in this case we can also come out on top.

I agree, when the situation is uncertain because the correction is not finished and it seems increasingly out of control and it is possible that trust in bitcoin is getting worse. Of course, bitcoin need encouragement that can give you confidence to be able to lift the price and not fall back down.

It's a reasonable concern because the price of bitcoin every time it increases a little is certain that it will fall back down soon after and it seems that this incident has become a routine and makes many feel panicked and this will clearly have a bad impact in the future. but in an elegant and classy way @elonmusk gives confidence not to be afraid to keep investing in bitcoin.

[davis196]

Putting dogecoin in the same category as BTC and ethereum is a joke.
Dogecoin is pretty much similar to fiat money and it should be compared to fiat money.
Hoarding dogecoins won't save anyone from inflation.I don't believe that even Bitcoin and Ethereum can save our wealth from inflation.
His advise about having real estate property and stocks of good companies in times of high inflation is just common sense.I'm like duh captain Obvious.Everyone with an IQ above 80 knows that you don't hoard paper cash in times of high inflation.
I guess that Elon Musk is just trolling again.

[worle1bm]

Dont know on why people do really react that much and having those impressions that against with Elon? We do have the freedom of speech though but it couldnt be avoided for people to hesitate nor criticize since

We all can express our feelings and people from the bitcoin community were not against him from the start but after he started spreading rumours about btc with his manipulate tweets.We can't expect people to always follow his advice as we are wise enough to make our own decisions so don't need to focus on his talks.You decide you want to sell or hold it for the long term.

[Adbitco]

I don't really think he is in control of the market and i know he isn't the only one holding bitcoin, he can only influence and effects those project he is promoting but not Bitcoin. So if he likes let him sell or hold, bear is bear and bull is bull it is a natural nature that affects the market so whenever it comes just be ready to swim into it less until is over then you can get ride on bull so there is no chance to panic over and over.

[m2017]

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.

Musk has every right to do with his assets as he pleases. We can't influence it in any way, but it should not influence us in any way either. Maybe we should stop idolizing him and stop engaging in idolatry? It is not right that only one person can influence the behavior of people and the industry as a whole so much.

I saw the news that Elon now has to coordinate his tweets with the SEC. I think this is related to the topic of securities. I don't know how reliable this is.

Then why doesn't Elon Musk start getting his tweets about Bitcoin or Crypto approved by the crypto community? To me, this is quite fair.

[btc78]

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.

For us to care? I am enough with his BS comments towards crypto as this is surely making His value more in our community and he can still make fun and Stupid comments towards the market.

But in general thanks to Him for still keeping His coins , but what about SHIB? he is not holding any Shiba Inu ?

[bakasabo]

Why would he hold Shiba Inu? I am sure that he knows the existence of this altcoin, and the story behind it, but I am also sure that he has nothing to do with it. I hope that you are not of those who think that he has created Shiba Inu.

According to his old tweet from 2018, he does not hold a lot of Bitcoin (only .25 BTC that he has got from friend). I think since then his portoflio did not change significantly. For a person, that have billions, having crypto for even hundred thousand dollars is similar to have spare change in a pocket.

Many people confuse the amount of Bitcoin Tesla hold and Elon Musk personal holdings. Many still think that he is the only owner of Tesla and BTC on their account belong to Elon Musk only.

[Lucius]

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.

Come on, do you think he would say something like that seriously? The boy obviously watched too many stories from the Wild West where the confrontations were resolved face to face, and now there are some other, much more dishonorable times. Even if Bloody Puto accepted the duel, do you think EM would have any chance against the former secret service agent?

[Furious 7]

No matter what he does I don't really care if he really wants to sell or not because I really don't want to be too focused on this person.
He made a tease like this as if he was really needed when what he wanted to look for other than sensation.

Why the news about this seems to be determinant to the price of Crypto. His teasing about doge will probably work but for Bitcoin, don’t expect too much to change easily just by Twitt

[ChiBitCTy]

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 don’t always agree with what Elon says, especially over this last year or so, but he’s right here. Even though the US dollar is the worlds reserve currency it continues to be over printed like crazy, and we are currently seeing the effects of over printing right now with massive inflation.

[rhomelmabini]

I don't think it is working for Dogecoin either because I don't see any change in price even after his tweet. Obviously, Elon had a reason for making this tweet hoping he could move the market as before but he too must have realized the different mindset of the market now.

Many lose interest after the hype of Doge then apparently Doge’s price decline after his few tweets. It is right that inflation affects the fiat too mich but it may not make any sense now to the crypto user  who is his followers. Though I’m still a fan of his projects and invention. It’s no doibt that he is smart and capable of manipulating the market since many still follow him.

That's likely to diminish as the previous things he did doesn't move the price, it's really the difference when market is in hype mode compare to the uncertain one like we are right now. It's not Elon's fault if it move or doesn't, he just simply tweets it and if the market was affected then it's the market's fault. Yeah, he's a huge personality but that doesn't mean he can monopolize the whole thing, especially crypto. It wouldn't work that way.

[Abiky]

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.

Of course he won't sell his Bitcoin (even though he criticized Bitcoin's high-energy consumption). He's not that stupid. I think he will try to "pump" Bitcoin's price over Twitter just like he did with Dogecoin since the beginning of 2021. But his efforts will ultimately fail as people are already sick and tired of him.

To say the least, Elon Musk is just "a needle in a haystack". There are greater "forces" on the market which greatly determine Bitcoin's price. It doesn't really matter what one person says or thinks about Bitcoin, since crypto/Blockchain tech is all about decentralization. Elon Musk, just like all the other whales, are holding Bitcoin with the hopes of becoming richer in the long term. Nothing new to see here really. I'd say we should focus on what matters most which is financial inclusion to anyone, anywhere in the world. As long as Bitcoin fulfills its purpose, nothing else matters. Just my opinion

[boyptc]

After telling that bitcoin consumes a lot of energy for mining, this tweet made him admit that he owns bitcoin.

Well, from the very beginning he's just trolling the people to influence the price of bitcoin. Tesla investing in bitcoin and him being on the swaying side but only with Dogecoin.

This confirms that from the very start, he had always owned bitcoin.

[Doell]

After telling that bitcoin consumes a lot of energy for mining, this tweet made him admit that he owns bitcoin.

Well, from the very beginning he's just trolling the people to influence the price of bitcoin. Tesla investing in bitcoin and him being on the swaying side but only with Dogecoin.

This confirms that from the very start, he had always owned bitcoin.

Of course it's true, it explains that from the very beginning he owned Bitcoin. He tweets to give signals to outwit traders and toy with it so he can make a profit, after all I believe he has made a huge fortune from bitcoin. But many also don't care what he has to say, so gradually his fame is in danger of fading away.

[MinoRaiola]

He has enough chances to increase his market with Tesla. It feels like there are more and more Tesla vehicles on the roads. And demand is high! In Germany, the Model 3 would be ordered now and not received until February 2023. So almost 12 months delivery time, is there another car in the same price range currently, with this delivery time?