When Elon Musk, Tesla CEO, suggests that Tesla may have sold all of its bitcoins, all cryptocurrencies (virtual currencies) such as bitcoin are plummeting at once.
The whole story of the case is like this. Twitter user’CryptoWhale’ (@CryptoWhale), who introduced himself as a Bitcoin analyst on the 16th (local time), said, “Bitcoin holders will blame themselves if they find out that Tesla has sold all the remaining bitcoins in the next quarter. I’m not going to blame him, because he’s already got a lot of blame.”
Musk commented “Indeed” to the tweet after about an hour.
This meaning is actually ambiguous. It could mean “really” to have sold all of Bitcoin, or it could be that he asked again “I really do” when it came to saying that he would not blame Musk even if it turned out that he had sold all of Bitcoin.
In fact, the exact meaning is unknown to anyone other than Musk.
Bloomberg, the first to report this fact, asked Musk what the exact meaning of “Indeed” was, but said it had no answer yet.
Cryptocurrency responded sensitively to such news. All major cryptocurrencies plunged at once.
Bitcoin is recording $44,435, a drop of 8.23% from 24 hours ago on CoinMarketCap, a global coin market relay site, at 6:30 am (Korean time) on the 17th.
At the same time, Ethereum, the second-largest market cap, is also recording $3364, a decline of 11.47% from 24 hours ago in CoinMarket Cap. Dogecoin is 5.21%, and Cardano, which surged the day before, is also plunging 10.70%.
