Mark Cuban has declared that he has dumped most of his bitcoin

[tiCeR]

...

“When all this shit hit the fan with the Iran war, bitcoin was always the best alternative to fiat currency losing its value and I always thought it was a better version of gold than gold. Well, gold just blew up... bitcoin dropped. And every time the dollar dropped, bitcoin should've gone up ... and it just didn't do that,” Cuban said.[/i]

Read in full https://www.coindesk.com/markets/2026/05/21/mark-cuban-says-he-sold-most-of-his-bitcoin-after-failed-hedge-narrative-disappointed-the-billionaire

Maybe he just doesn't understand complex systems very well although is what he claims to be good at. If it was that easy of an equation, but there is so much more to it.

As you've mentioned, most of those billionaires have publicly declared when they dumped their bitcoin, but why don't they announce when they are about to buy it? Novogratz did that and I don't know, but hasn't Cuban been there before? I don't know anymore, but several of those tech billionaires talked bs about bitcoin as soon as they got out.

What is so weird about it is why do they get into it in the first place? To me this means they pretend they have understood the technology and therefore bought some, or they are just gamblers, but then should admit it. They pop up at TV interviews telling how much they understand about the tech finally, only to then say that they have been wrong and dumped all their bitcoin. Strange to say the last.

[sokani]

It's his bitcoin, and he can do away with it anytime he pleases, but I don't believe he ditched his bitcoin because of the war. War is a negative trend, that has a negative impact on Bitcoin, just like every other digital asset. He's been around in the space a long time, and he should know that. So I can of find it weird that he would expect a price surge during a war, when a war actually does the opposite.

[Cookdata]

It's his bitcoin, and he can do away with it anytime he pleases, but I don't believe he ditched his bitcoin because of the war. War is a negative trend, that has a negative impact on Bitcoin, just like every other digital asset. He's been around in the space a long time, and he should know that. So I can of find it weird that he would expect a price surge during a war, when a war actually does the opposite.

The silliest people tend to look for attention when they don't have the attention of the world. There are plenty of stock that has failed after many years that I am sure he must have made some investment, that didn't came to his mouth when it's time to make an opinion, but he the mention of Bitcoin gives them organism because they understand the impact of Bitcoin and the community, he knew he will go viral with that his opinion that is why he said it.

Bitcoin maxis can for a whole year without saying any mischievous statement about the stock market and the price will be having difficult time meanwhile Bitcoin will be doing well. Most of this billionaires don't say anything against people like president Trump that playfully with Tarrif and nuke prices like he want, I have not seen that billionaire that says something bad about it but wait for Bitcoin that doesn't affect them, they will sing a poem for you.

[Faisal2202]

However, it also appears that because he was disappointed that bitcoin did not pump when the war on Iran began, he also is convincing everyone that bitcoin might not be a good investment according to his comparison. The skeptical me thinks he wants you to dump because he has dumped heheheh!

We can be very much certain that he is Elmer Fudding and he will certainly buy back what he has sold if there is another dump under $70k.

He forgot to mention that the so-called president of his country was manipulating the oil market and was saying that they were making a lot of money from this war. After all, the money that was supposed to go into BTC or places where it should be saved for the long term was being used to take risk on oil because everything was so clear. I could even tell whether the market would pump more than 100 dollars per barrel or not, because the moment he tweets, you should read it and act accordingly. There was always a risk, though, because his statements were completely disregarded by the Iranian authorities, and then the market would react accordingly.

Money was flowing into these prediction markets that now have a volume of more than 25 billion dollars and so far I think it has to be more. Also there was insider trading too. So big and smart money knew this, it was only us the retail investors who were buying, and people like Mark Cuban I do not know if they are smart, but selling BTC and holding ETH is not a smart move haha idiot.

[jossiel]

That's good. IMHO.

If he wants to buy back, he has to buy it at a higher price. Those who bought his sold bitcoins at low should thank him.

He prolly assumed too much and that's what he made emotional. Even billionaires, they're so emotional in the markets but they'll only tell what they did once they're done doing it.

[bbc.reporter]

...

“When all this shit hit the fan with the Iran war, bitcoin was always the best alternative to fiat currency losing its value and I always thought it was a better version of gold than gold. Well, gold just blew up... bitcoin dropped. And every time the dollar dropped, bitcoin should've gone up ... and it just didn't do that,” Cuban said.[/i]

Read in full https://www.coindesk.com/markets/2026/05/21/mark-cuban-says-he-sold-most-of-his-bitcoin-after-failed-hedge-narrative-disappointed-the-billionaire

Maybe he just doesn't understand complex systems very well although is what he claims to be good at. If it was that easy of an equation, but there is so much more to it.

As you've mentioned, most of those billionaires have publicly declared when they dumped their bitcoin, but why don't they announce when they are about to buy it? Novogratz did that and I don't know, but hasn't Cuban been there before? I don't know anymore, but several of those tech billionaires talked bs about bitcoin as soon as they got out.

What is so weird about it is why do they get into it in the first place? To me this means they pretend they have understood the technology and therefore bought some, or they are just gamblers, but then should admit it. They pop up at TV interviews telling how much they understand about the tech finally, only to then say that they have been wrong and dumped all their bitcoin. Strange to say the last.

Also maybe he is behaving very similar to much of the small minnows who buy bitcoin because they use it only as a speculative investment hehehe. If the price will not pump, the man will dump and begin spreading the fud to also encourage everyone to dump. Convincing everyone is also a psychological tactic to convince the self that you have made the correct decision heheheh.

[Peanutswar]

Well I guess its not quite loss too much with the bitcoin because even before the bitcoin price rise up as long as people caught the interest and right now some of the investors pulling up their investment because they do expect that the price of the bitcoin will continuously goes into an uptrend but apparently we quite too far yet every time the bitcoin makes an ATH on the price after a year most likely its goes back to its dip so if right now we are still not headed to the month where bitcoin goes up we are still far from being bullish.

Now if manage to take a sell probably because he came from the top doing a cut loss and waiting for another dip for sure tons of investors will grab that discounted price.

[Marykeller]

Anyone who dumps Bitcoin because its price didn't go as they expected, it's their business to worry about, not everyone's business to do the same as every one of us has what keeps them glued to Bitcoin investment, for them to sell or hold on to Bitcoin.

For Mark to choose to sell 80% of his Bitcoin holdings, the market didn't react negatively to it, nor were all Bitcoin investors aware of what he did, if not for you bringing it up here for some of us to take note of it, many of us wouldn't be aware that such a thing happened, having Mark sell a good number of his Bitcoin.

I feel that whenever he still wants to buy back Bitcoin at a discount price, many of us won't be aware that he is doing so. So, whatever he thinks of doing with Bitcoin remains his business not ours

[Franklyn-wood]

What a particular person does – in this case, a billionaire like him – really shouldn’t be our concern. That said, I quite like the bloke.

Although I do think what he says reflects a general feeling about how the price has performed in recent years, which has been rather disappointing, to be honest. For my part, I’m still accumulating bit by bit, but not so much for the potential future returns as because having a portion of your wealth that you manage with your private keys – and which you could take with you or transfer to another part of the world without anyone being able to censor you – has many potential advantages.

Well everyone has the ability to take personally decisions. Cuban might be right in his calculations at the same time Bitcoin is not competing with any form of assets available out there, rather all it features are far better. He might also decide to later buy Bitcoin again while others have sold out there holdings, which gives him more opportunities to buy because he has money to do so. We might be tempted to also give up at this stage which could afterwards leads to Bitcoin bullish creating an opportunity for all a available investors as at that time.