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Biggie Smalls Web Writing

07-20-2022 09:11 PM

Tesla SOLD 75% of its BTC

https://www.theguardian.com/technolo...ings-elon-musk

Long term still extremely bullish on crypto, but the next few months are going to be painful.

AmeliaG

07-20-2022 11:28 PM

How the heck is it on an uptick? Crypto patterns have been so weird this past year.

O MARINA

07-21-2022 09:19 AM

crazy...

nikki99

07-21-2022 01:15 PM

Hodl.........

CaptainHowdy

07-21-2022 01:34 PM

Quote:

Originally Posted by nikki99 (Post 23024169)

Hodl.........

https://i.imgur.com/mW6K9a9.jpeg

JayMoyes

07-21-2022 04:09 PM

This says a lot more about Musk and his enterprises. I'd heard a lot going down with Space X and Hyperloop, but was under the impression Tesla was much better off.

adultchatpay

07-21-2022 06:30 PM

They lost big time in their BTC investment

pornmasta

07-21-2022 07:54 PM

Is it to buy Twitter 🙄?

kmanrox

07-22-2022 10:29 AM

Musk: Buy high, sell low.

AmeliaG

07-22-2022 03:37 PM

Quote:

Originally Posted by JayMoyes (Post 23024217)

This says a lot more about Musk and his enterprises. I'd heard a lot going down with Space X and Hyperloop, but was under the impression Tesla was much better off.

In their shareholder communications, they said they sold to have more cash on hand despite the China shutdown and ramp up expenses for new factories.

NakedWomenTime

07-23-2022 12:26 PM

Must have needed the cash.

blackmonsters

07-23-2022 12:34 PM

Musk needed to STFU and finish the "Cyber Truck".
So glad I didn't pre-order that shit!

:mad:

https://carbuzz.com/news/tesla-will-...k-reservations

.

AmeliaG

07-23-2022 12:47 PM

Quote:

Originally Posted by blackmonsters (Post 23024823)

Musk needed to STFU and finish the "Cyber Truck".
So glad I didn't pre-order that shit!

:mad:

https://carbuzz.com/news/tesla-will-...k-reservations

.

I did and I'm quite annoyed.

blackmonsters

07-23-2022 12:54 PM

Quote:

Originally Posted by kmanrox (Post 23024477)

Musk: Buy high, sell low.

No no, you don't understand.
Musk has to make BTC drop so he can buy it all back on the dip.

:1orglaugh

FapperX

07-23-2022 02:23 PM

people got fucked by elon with dogecoin. now getting fucked by btc.

but again in my opinion hodl is the best choice.

FTS8	07-31-2022 06:29 PM

Quote:

Originally Posted by kmanrox (Post 23024477)

Musk: Buy high, sell low.

:1orglaugh:1orglaugh:1orglaugh

jscott

07-31-2022 11:50 PM

Quote:

Originally Posted by FapperX (Post 23024865)

people got fucked by elon with dogecoin. now getting fucked by btc.

but again in my opinion hodl is the best choice.

Hodl BTC is best choice for long term.
Short term can be faster gains but they're gambles.

Look how alts come & go, and Bitcoin remains king:

https://pbs.twimg.com/media/FYyO4CNUYAAW-55?format=jpg

Kuzmenko Vlad

08-01-2022 08:38 AM

Tesla sold 75% of its bitcoins. The sale added $936 million in cash to the balance sheet.

The company listed this amount in the “digital asset sales revenue” section of its second-quarter results released on Wednesday.
Data from the company's report. This does not mean at all that they sold today for $24,000. Do not panic. The data was shown today, but they could sell at any time and much higher. So don't bury everything now.

jscott

08-01-2022 09:36 AM

Quote:

Originally Posted by Kuzmenko Vlad (Post 23027851)

I saw an article that claimed they sold around $29k.

escorpio

08-01-2022 09:29 PM

Quote:

Originally Posted by nikki99 (Post 23024169)

Hodl.........

Long azz tyme.

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