Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
empowering
on 20/07/2022, 23:23:05 UTC
Tesla sold 75% of their Bitcoin. Thank you for the cheap coin, Elon.


Good riddance! Paper hands Musk doesn't deserve to own BTC, get back to shilling your shitcoins you fuck...  Cool


Don't Tesla still hold 7000+ BTC?  I wonder if they will buy back before or around 29K again...


I also wonder how many BTC Elon now owns personally.

I'm hoping they don't buy back, but instead agree to start accepting it again.  This would probably be better news for the market.  Elon said that Tesla would start accepting again once it was shown to not be so harmful for the environment, and I believe that's been demonstrated beyond his requirements.  Elon also said that Tesla would pump but they would never dump, and then he dumped nearly a billion dollars worth of BTC on the market, so you can take what he says with a grain of salt.  I do hope this ends up being a positive somehow though.


It would be interesting if they did "trade" .... could make sense at that size tbh.... be interested to see their next couple of quarters accounts.


One snag with accepting BTC for Teslas, is, why would most people effectively sell BTC for a mass production car that, as with most cars, will end up on a scrap heap. I personally always thought the most likely reason Tesla stopped accepting BTC was because they had hardly anyone willing to buy a tesla with their BTC, but who knows.