{"id":5275,"date":"2022-07-22T02:46:26","date_gmt":"2022-07-22T02:46:26","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/07\/22\/crypto-reacts-tesla-panic-sells-its-bitcoin-the-internet-explodes\/"},"modified":"2022-07-22T02:46:26","modified_gmt":"2022-07-22T02:46:26","slug":"crypto-reacts-tesla-panic-sells-its-bitcoin-the-internet-explodes","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/07\/22\/crypto-reacts-tesla-panic-sells-its-bitcoin-the-internet-explodes\/","title":{"rendered":"Crypto Reacts: Tesla Panic Sells Its Bitcoin, The Internet Explodes"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400;\">One factor\u2019s for certain, Tesla\u2019s CEO is aware of  generate headlines. The notorious Elon Musk was the discuss of the city at present, as information of his firm <\/span><a href=\"https:\/\/bitcoinist.com\/reason-market-crash-tesla-sold-75-of-its-bitcoin\/\"><span style=\"font-weight: 400;\">selling 75% of their bitcoin<\/span><\/a><span style=\"font-weight: 400;\"> hit the wires. The reactions go from clowning Musk to overanalyzing the scenario and every little thing in between. What a enjoyable day in crypto land.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What did the individuals write and the way did they tweet it? Let\u2019s discover out.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Laughing At Tesla Or Laughing With Tesla?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Considering that at greatest Tesla broke even on this commerce, the Internet didn\u2019t clown the corporate as onerous because it ought to have. People appeared to respect Tesla\u2019s proper to do no matter they need with their cash. Let\u2019s await bitcoin\u2019s worth to pump earlier than making a particular assertion on this, although. In the meantime\u2026<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">MicroStrategy\u2019s CEO Michael Saylor <\/span><a href=\"https:\/\/twitter.com\/saylor\/status\/1549856625321807873\" rel=\"noopener\"><span style=\"font-weight: 400;\">stated the obvious<\/span><\/a><span style=\"font-weight: 400;\"> in a hilarious manner \u2013 \u201cIf you sell 75% of your bitcoin, you will only have 25% of your bitcoin left.\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nat Brunell, host of Bitcoin Magazine\u2019s \u201cHard Money\u201d present, made <\/span><a href=\"https:\/\/twitter.com\/natbrunell\/status\/1549853932092006400\" rel=\"noopener\"><span style=\"font-weight: 400;\">a silly but effective<\/span><\/a><span style=\"font-weight: 400;\"> pun \u2013 \u201cYou Musk not sell your Bitcoin\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Crypto analyst <\/span><a href=\"https:\/\/twitter.com\/inmortalcrypto\/status\/1549863301567643648\" rel=\"noopener\"><span style=\"font-weight: 400;\">Inmortal invoked millennial powers<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 \u201cYou are the richest man in the world and you panic sold<\/span><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=cashtag_click\" rel=\"noopener\"><span style=\"font-weight: 400;\"> $BTC<\/span><\/a><span style=\"font-weight: 400;\"> at loss? Ok boomer.\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bitcoin Magazine confirmed us what occurs \u201cWhen you buy high and sell low\u201d<\/span><\/li>\n<\/ul>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">When you purchase excessive and promote low <a href=\"https:\/\/t.co\/y5gSqyWqmc\">pic.twitter.com\/y5gSqyWqmc<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1549851584854728705?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 20, 2022<\/a><\/p>\n<\/blockquote>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The journal\u2019s editor, Pete Rizzo went again in time, \u201cElon Musk on Bitcoin exactly 1 year ago\u201d<\/span><\/li>\n<\/ul>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\u2728 Elon Musk on <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#Bitcoin<\/a> precisely 1 yr in the past<\/p>\n<p>\ud83d\udc80\ud83d\udc80\ud83d\udc80 <a href=\"https:\/\/t.co\/EZQHKKp1SS\">pic.twitter.com\/EZQHKKp1SS<\/a><\/p>\n<p>\u2014 RIZZO (@pete_rizzo_) <a href=\"https:\/\/twitter.com\/pete_rizzo_\/status\/1550121541513277445?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 21, 2022<\/a><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">How everybody reacted to <a href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\" rel=\"noopener\">@elonmusk<\/a>\u2018s paper palms. <a href=\"https:\/\/t.co\/gU7TNQpGy4\">pic.twitter.com\/gU7TNQpGy4<\/a><\/p>\n<p>\u2014 Handre van Heerden (@Handrev) <a href=\"https:\/\/twitter.com\/Handrev\/status\/1550069501538058241?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 21, 2022<\/a><\/p>\n<\/blockquote>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/twitter.com\/Excellion\/status\/1549933665479585792\" rel=\"noopener\"><span style=\"font-weight: 400;\">National state adoption evangelist, Samson<\/span><\/a><span style=\"font-weight: 400;\"> Mow clowned Tesla onerous at first, \u201cBuy high, sell low. Tesla showing us how it\u2019s done!\u201d Then, he modified his tune to one thing extra politically appropriate,\u00a0 \u201cAlmost everyone that sold this dip had no choice but to sell, and none of the reasons had anything to do with Bitcoin fundamentals. I\u2019d say we\u2019re on the way back up and decoupling soon.\u201d<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-188819 aligncenter\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/BTCUSD_2022-07-21_22-35-27-640x356.png\" alt=\"BTCUSD price chart for 07\/21\/2022 - TradingView\" width=\"640\" height=\"356\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/BTCUSD_2022-07-21_22-35-27-640x356.png 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/BTCUSD_2022-07-21_22-35-27-980x545.png 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/BTCUSD_2022-07-21_22-35-27-768x427.png 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/BTCUSD_2022-07-21_22-35-27-750x417.png 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/BTCUSD_2022-07-21_22-35-27.png 1012w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\"\/><\/p>\n<pre style=\"text-align: center;\">BTC worth chart for 07\/21\/2022 on Bitfinex | Source: BTC\/USD on <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" rel=\"noopener\">TradingView.com<\/a><\/pre>\n<h2><span style=\"font-weight: 400;\">Fundamental Analysis Of The Situation<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Taking itself too severely, the crypto trade went full Sherlock Holmes on the Tesla scenario. And thank God they did, as a result of the analysts truly made some phenomenal and really attention-grabbing factors. For instance:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Riding for Elon Musk, <\/span><a href=\"https:\/\/twitter.com\/cz_binance\/status\/1550094755065118721\" rel=\"noopener\"><span style=\"font-weight: 400;\">Binance\u2019s CZ talked numbers<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 \u201cUp to $100 billion of btc get traded every day. Someone selling $1 billion is a drop in the ocean.\u201d Interesting and better than anticipated numbers. And CZ ought to learn about this matter specifically.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Coin Bureau man downplayed the scenario and its impact\u00a0 \u2013 \u201dIt was solely a matter of time that we&#8217;d see this. The market has brushed it off although.\u201d<\/span><\/li>\n<\/ul>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">It was solely a matter of time that we&#8217;d see this. The market has brushed it off although. <a href=\"https:\/\/t.co\/c2JQc4G8bc\">pic.twitter.com\/c2JQc4G8bc<\/a><\/p>\n<p>\u2014 Coin Bureau (man.eth) (@coinbureau) <a href=\"https:\/\/twitter.com\/coinbureau\/status\/1550051743265968129?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 21, 2022<\/a><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"und\">on <a href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\" rel=\"noopener\">@elonmusk<\/a> &amp; <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#Bitcoin<\/a> <a href=\"https:\/\/t.co\/M4g9rwfynT\">pic.twitter.com\/M4g9rwfynT<\/a><\/p>\n<p>\u2014 LN Markets (@LNMarkets) <a href=\"https:\/\/twitter.com\/LNMarkets\/status\/1550043047769305088?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 21, 2022<\/a><\/p>\n<\/blockquote>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Professional dealer <\/span><a href=\"https:\/\/twitter.com\/MisterSpread\/status\/1549864161223507970\" rel=\"noopener\"><span style=\"font-weight: 400;\">MisterSpread stated the obvious in a funny way<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 \u201cSeriously now, thank you Elon for the big stress test you made Bitcoin go through and showed the whole world that Bitcoin is money after Tesla bought and sold billions worth of it.\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For his half, Bitcoin Lebowsky <\/span><a href=\"https:\/\/twitter.com\/DudeJLebowski\/status\/1549899805521956864\" rel=\"noopener\"><span style=\"font-weight: 400;\">stated the facts<\/span><\/a><span style=\"font-weight: 400;\">\u2013 \u201cThe fact that Bitcoin is still at 23k after months of miners selling, Tesla selling, the Macro disaster and of course all of the ongoing FUD, is nothing short of remarkable.\u201d\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Trader and Arca\u2019s CIO, Jeff Dorman broke it down \u2013 \u201cIf you\u2019ve ever wondered whether or not trading bots control digital asset trading\u2026keep in mind the entire digital asset market just fell on news that one company (Tesla) sold one asset (BTC) 1-3 months ago. \u201d<\/span><\/li>\n<\/ul>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">If you\u2019ve ever puzzled whether or not or not buying and selling bots management digital asset buying and selling\u2026consider your complete digital asset market simply fell on information that one firm (Tesla) offered one asset (BTC) 1-3 months in the past.<\/p>\n<p>Expect full retrace of this transfer rapidly. <a href=\"https:\/\/t.co\/cAX3rbGlwR\">https:\/\/t.co\/cAX3rbGlwR<\/a><\/p>\n<p>\u2014 Jeff Dorman, CFA (@jdorman81) <a href=\"https:\/\/twitter.com\/jdorman81\/status\/1549849982173212672?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 20, 2022<\/a><\/p>\n<\/blockquote>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Swans\u2019 Steven Lubka <\/span><a href=\"https:\/\/twitter.com\/DzambhalaHODL\/status\/1549857415981678598\" rel=\"noopener\"><span style=\"font-weight: 400;\">sees the bright side<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 \u201cThe Tesla news is bullish, now Elon can\u2019t sell his Bitcoin again and it\u2019s been purchased in the 20s by more reliable and less erratic actors.\u201d<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">That\u2019s one of many key takeaways, Tesla is now not able of energy and Elon can not simply manipulate bitcoin\u2019s worth anymore. Also, the community is liquid and may deal with stress phenomenally. And it\u2019s not managed by buying and selling bots. We discovered all of that and extra from a easy commerce.<\/span><\/p>\n<pre style=\"text-align: center;\">Featured Image by <a href=\"https:\/\/unsplash.com\/@priscilladupreez?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"noopener\">Priscilla Du Preez<\/a> on <a href=\"https:\/\/unsplash.com\/es\/s\/fotos\/tesla?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"noopener\">Unsplash<\/a>\u00a0 | Charts by <a href=\"https:\/\/www.tradingview.com\/\" rel=\"noopener\">TradingView<\/a><\/pre>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-188776 aligncenter\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/tesla-fans-schweiz-2swaWy4Xhb0-unsplash-629x420.jpg\" alt=\"Tesla, a car and the logo\" width=\"629\" height=\"420\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/tesla-fans-schweiz-2swaWy4Xhb0-unsplash-629x420.jpg 629w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/tesla-fans-schweiz-2swaWy4Xhb0-unsplash-768x513.jpg 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/tesla-fans-schweiz-2swaWy4Xhb0-unsplash-750x501.jpg 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2022\/07\/tesla-fans-schweiz-2swaWy4Xhb0-unsplash.jpg 794w\" sizes=\"auto, (max-width: 629px) 100vw, 629px\"\/><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/tesla-panic-sells-bitcoin-the-internet-explodes\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] One factor\u2019s for certain, Tesla\u2019s CEO is aware of generate headlines. The notorious Elon Musk was the discuss of the city at present, as information of his firm selling 75% of their bitcoin hit the wires. The reactions go from clowning Musk to overanalyzing the scenario and every little thing in between. What a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,24,3199,2991,1335,1087,333,1213],"class_list":["post-5275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto","tag-explodes","tag-internet","tag-panic","tag-reacts","tag-sells","tag-tesla","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/5275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=5275"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/5275\/revisions"}],"predecessor-version":[{"id":5276,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/5275\/revisions\/5276"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/5277"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=5275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=5275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tag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