Post
Topic
Board Bitcoin Discussion
Re: Where does Elon and Saylor store their bitcoins?
by
Fundamentals Of
on 08/03/2021, 03:17:48 UTC
new VIP of the bitcoin community
You mean the new VIPs of the social media. They make for excellent click-baits for news sites that are always dying to get traffic.

Quote
and follow the movement of their coins.
What kind of useful information would it give anyone to follow where the coins of someone else is going?!

You might consider them like a VIP, however, there are many people in the community who consider them to be the new heros of bitcoin.

Useful information would be if their coins are moving back to Coinbase. I reckon that would be very useful for traders. It might also be very useful for the IRS and the government hehehe.

There are a lot of people who are tracking Bitcoin movements. An alarm is somehow triggered if a certain large movement is entering an exchange. But would it matter who owns those Bitcoin? No, not at all. What is important is that you are informed in advance and you will brace yourself and act accordingly for a possible effect in its price.

They are only heroes because they are buying. They will instantly become the villain once they start selling.