Elon Musk Wont Sell his Bitcoin

[Oasisman]

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.

Well, in principle I would agree with you. But you shouldn't forget that Musk now has a certain influence on prices. He has a large following who hang on his every word. If Elon says he's investing in coin X, then that coin will certainly see an increase. Therefore, his tweets are meaningful, whether you like him (or its behavior) or not.

I seconded. Most of us here are well aware what Elon has been doing to manipulate altcoins.
But, we are not the only people (here in the forum) who has been investing into cryptocurrency. I personally knew that since the NFT p2e games has become a trend. Most of the people I knew who invested in crypto is not a member of this forum. So, yeah Elon still has bunch of followers that will follow what he says what to invest as well.
We might not care about what he thinks and what he says, but there are still blind followers of him outside this community.

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[Vaculin]

Who cares? It's your coins so it's your right to do anything whatever you like, Elon Musk can't control Bitcoin... if he want to control Dogecoin then I will let it be. It's just shame how many his followers really following his words, anything he wrote doesn't really mean he will do same. Just like people texting laugh while he actually under depression or crying.

The fact that Elon Musk won't be selling his bitcoin, but we know for sure we should better keep it hodling by now as its value is not yet in peak. Well, i think the people here have been used to the tweets of Elon and for now, its not making sense anymore. If he think he can still manipulate the crypto market as well as the people here, then he's wrong. Elon is just part of our past, and we should not be influence by him anymore.

[DeathAngel]

Yeah his obsession or loyalty or whatever that he holds towards doge is strange. Everybody knows doge is a shitcoin with no use case. I’m glad Elon is continuing to hold bitcoin, would be good if he bought a load more or started to accept payment in bitcoin for TESLA again though.

[Hamphser]

How could you see big movement in the crypto market when people don't trust him like they had as before. Doge hype was goes well but after tesla refuse to take payment via bitcoin, that news dumped btc half of its price. Since then, people realized, Elon always think own benefit, so not to follow him blindly as crypto adviser. Although he still influence crypto market for short term with his assets and followers. Probably he bought bitcoin from dip and now wanted to pump it with such statement.

The community is already wise and been aware about with possible manipulative acts would be made by him which we had been fooled out back in the past and able to observe on how he do move the market with

those kind of manipulative kind of words which it isnt surprising that people nowadays would really hesitate on everything that he do intently to say in the public which means that neither he had some intent

or purpose behind of those tweets then dont expect that the community would really be putting much reaction or sentiment to that.

[Rana590]

It is not good at all to trust a influencer who works for himself. Elon Musk is messing crypto market for promoting his shitcoin. If you think deeply, you will be able to see promotion of his shitcoin in this speech and it may be directly or indirectly. We should not follow all the speech from influencer like Elon Musk though he is the richest man.

[OgNasty]

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.

All he said was that he's doing nothing.  You can't really expect that to move the market.  Even his dogecoin tweets aren't having much of an impact on that market these days. 

Elon saying he won't sell his bitcoins isn't really a story at all to me.  The guy has so much money, he has less than 1% of it in Bitcoin.  If it went to 0 it wouldn't matter at all to him financially.  I'm sure after the first 100 billion, money really stops mattering to you.  If not, you have some weird priorities. 

Considering Elon has already sold some of Tesla's Bitcoin to "test liquidity" I'm not sure if you can take his word for anything regarding crypto.  I'm sure a point will come when he feels the need to "test liquidity" again.  You can be sure it'll be after he's made another fortune, otherwise, he'll just keep holding.

[kentrolla]

Nobody really cares about his opinion anymore as he is just manipulating the market for his own gain and his doge magic days has been surpassed long time ago and now we don't even see slight fluctuations or pump in the market after his tweets since he just tried to either create FOMO or panic sell situation.

We as a crypto community should not give more importance to people like him who play with our emotions sometimes and make is take wrong decision.

[batang_bitcoin]

It is not good at all to trust a influencer who works for himself. Elon Musk is messing crypto market for promoting his shitcoin. If you think deeply, you will be able to see promotion of his shitcoin in this speech and it may be directly or indirectly. We should not follow all the speech from influencer like Elon Musk though he is the richest man.

It's been long overdue that many have stopped following anything he say. But the fact still remains in tact that he can influence people's decision about investing in the crypto market.
He has said about bitcoin and that's what I can be happy for this time although we don't really like him messing the market and for sure, there will be the time again that he will troll bitcoin and he's having fun making people angry with his tweets.

[KnowledgeSeekerZed]

The market is been pumping since this tweet so I think he's still has an impact.

[raidarksword]

So, definitely is a holder in the end and has no purpose selling at all because he is super rich already and serves no purpose of selling his bitcoin because he has majority wealth already. It is a good news for the bitcoin and crypto community for making such huge impact in the market recovery today.

[Reatim]

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.

Then at least there are some good things that Elon finally comes out now? not selling all His coins at the moment and will keep holding .

though he had been a clown in the crypto space but this statement now as we needed helps supporting the market for the effect of volatility as the war continues to happen and the world is shaking as of those problem stated.

[DanWalker]

The market is been pumping since this tweet so I think he's still has an impact.

This is probably the only tweet where I see him take the market seriously and respect his followers.
The market is been pumping not because of his tweets, he has ceased to exert any influence whether that be for good or bad. Markets all rose slightly after the FED announced a rate hike. Probably almost everyone has foreseen the decisions that the FED announced.

[Chato1977]

The market is been pumping since this tweet so I think he's still has an impact.

This is probably the only tweet where I see him take the market seriously and respect his followers.
The market is been pumping not because of his tweets, he has ceased to exert any influence whether that be for good or bad. Markets all rose slightly after the FED announced a rate hike. Probably almost everyone has foreseen the decisions that the FED announced.

but I cannot see where is the PUMPING since this tweet?

https://coinmarketcap.com/


Look at the market does that look pumping? we have been in that level for couple of times even before His tweet so i don't see any impact at all and besides this proves one thing, and that is just another BS tweet that he wanted to take advantage of the situation of bitcoin dumping.

[peter0425]

I Am not a fan of Elon Musk nor Like Him ever since but with this decision he made now? when the time crypto market really needs His support? now I think i am paying respect to the man if he will really act as what he is telling here.
also what he did to Ukraine giving them free access to the internet gives me the rights to support His actions.

The market is been pumping since this tweet so I think he's still has an impact.

in which part of the market that Pumped when Elon tweets this? because i see no same reaction from the market .

[noormcs5]

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.

Well, in principle I would agree with you. But you shouldn't forget that Musk now has a certain influence on prices. He has a large following who hang on his every word. If Elon says he's investing in coin X, then that coin will certainly see an increase. Therefore, his tweets are meaningful, whether you like him (or its behavior) or not.

Also I see that this time musk tweeted that he is holding Bitcoin, eth and dogecoin. In his previous tweets we saw him only shilling about dogecoin which had no effect on the dogecoin price. So perhaps he started to shill his shitcoin along with bitcoin to have some positive effect.
Anyways, as long as he is positive about bitcoins , it will have an healthy effect on the market.

[Finestream]

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.

He ruined his own credibility for his own selfish desires and that made him lose his value in the crypto market. So now, whatever he post or tweets seem so useless and has no huge impact anymore in the market. Though he was recognized as a crypto influencer but crypto investors today have become wiser and smarter not to trust Elon again.

[Wind_FURY]

Whatever criticisms the people say about Elon Musk, which is understandable and he's very deserving to be criticized for trolling the community, nothing will change the fact that he has made one of the smartest investment decisions in history. The first trillionaires might be institutional Bitcoin HODLers.

[BITCOIN4X]

Whatever criticisms the people say about Elon Musk, which is understandable and he's very deserving to be criticized for trolling the community, nothing will change the fact that he has made one of the smartest investment decisions in history. The first trillionaires might be institutional Bitcoin HODLers.

Elon and Saylor are two of the smartest people with big investments in bitcoin so far. They go in and invest at the right time where they have managed to get a commensurate return on that huge investment. I know they come on behalf of the institution, but they are more forward-thinking than us (most of the crypto community).

We are aware that bitcoin has a lot of future potential, but finances have been a factor why many of us don't invest in the long term. But I strongly disagreed when one of the two investors (Elon Musk) said that bitcoin is bad for nature especially with mining. Regardless of whether Elon sells or not, but he can't be trusted 100% because of his strange behavior. We are not supposed to trust influencers 100%, they also have a purpose in this investment.

[pawanjain]

Elon Musk is a great example of why should we NOT follow crypto influencers blindly.
It doesn't really matters if he is holding his coins or selling them because the market will saturate.
He has manipulated the crypto market many times and it shows why we should not trust him or fall for his tweets related to cryptocurrencies.
He will be a good example in the history of bitcoin of why people should avoid crypto influencers.

But I'd like as many people to follow crypto influencers as blindly as possible. 2017 happened, the influencers crawled out of the woodwork, everyone went to hell after that but the cycle had ended, the weak hands began to purge, and we were given an incredible bargain sub 10k for so long. Every sat gained in that period is now worth so much more. The crap was rinsed out, cleansed, and what emerged after was so good it made the season ripe for influencers and Elon again.

Time for another spring clean, why not?

LMAO, that's a nice perspective. The weak hands indeed lost a lot of money back then.
It was a long bear market of 2-3 years. If only they would have hold until now then they would have been in lots of profits.
This is the exact reason why I am trying to accumulate as much as I can.
We know this spring break will lead to higher gains in the summer time madness in future.

[ropyu1978]

Elon Musk is indeed the 5th richest person in the world for now, his tweets can affect market prices, even his tweet last year about Tesla no longer willing to accept bitcoin as a Tesla purchase transaction tool, making bitcoin free fall from the price of $ 63, down to a price of $ 43, but maybe for now his tweets are no longer affected, because people have lost faith in him, especially now that he says he will not sell his bitcoins.