You can't trust Elon...

in bitcoin •  3 years ago 

Tesla dumped 75% of their Bitcoin holdings even though they implied they would hold them forever...

You can never trust Elon, seriously.

The guy changes is mind more than a 14 year old girl.

He loved bitcoin, then he hated it, then he said hyperinflation, then he wanted to hoard cash, then he said I will never sell bitcoin, then he sold bitcoin, then he said he would buy twitter, then he said he didn't want to anymore... etc etc etc.

This guy is full of crap like this...

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(source: https://twitter.com/BitcoinMagazine/status/1549787339408433156/photo/1)

The one good thing about the bitcoin sell is that now they won't be dumping on us in a couple years when we are making new highs again...

Hopefully they will be buying at the highs and pushing it higher.

Either way, you can never trust Elon, and I would not be surprised to see much of the younger generation turn on him if they haven't already with this latest bitcoin dump.

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Well, he is a businessman, he sells high, he buys low. Doesn't mean he does not support crypto. At the same time, trusting anyone 100% and blindly is kinda stupid.

well said!! let's follow each other for better steem

In regards to bitcoin, it looks very much like he bought high and sold low based on the timing of the filings for his BTC purchases...

I guess... I don't think anyone expected it to go this low. Yet, if he sold as it was going down and bought again at its lowest, he would double his money.

That means he can report a loss. ;)

Your post was upvoted and resteemed on @crypto.defrag

Upvoted! Thank you for supporting witness @jswit.
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well,maybe

Most likely tesla needs cash on hand. It doesn't make sense for Elon/Tesla to get rid of declining shares.

Thanks for this.
Your post was upvoted and resteemed on @mohammadmokhtari

You just can't hate Elon✊😂

Get over it

Why can't I?