Post
Topic
Board Bitcoin Discussion
Re: Tesla and market manipulation crime
by
ene1980
on 02/05/2021, 23:12:44 UTC
~
They are free to buy and sell their holdings at any time time but I feel the way they went about it was wrong. How did they do it?

- Buy bitcoin - newbies join them to buy the top due to fomo.
- Make profits and sell Bitcoin while creating panics amongst those newbies.

- Buy back those bitcoins at $47K during the last correction.

I used to think Elon Musk was against shortsellimg an asset until tesla pulled one off.
[/quote]Your above statement and your second statement is entirely polar opposite. You said there is nothing wrong in trading but yet you are claiming but they did manipulate the market. It was an huge investment and they are free to do anything with their money and none asked any newbie to join the market and when they invested they never promised to hold for N number of years or days.

Elon Musk never cared about his company trading value and have you seen him manipulating that market as well  Grin and if that is the case do you think he will care any less for the cryptocurrency market.