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Author Topic: Do we really care what Elon Musk ‘has to say about Bitcoin anymore?’  (Read 1448 times)

Offline Coin63@

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crypto market, at present, has placed itself in a zone where the tweets of so-called influential people have started impacting its price movements. Just by “randomly” tweeting something, can these widely-followed individuals gain control of the market movement?
Tesla’s Elon Musk has been one among the few influential people who has been exerting a considerable impact on the price of Bitcoin lately. Commenting on this very slippery slope on a recent podcast, Dan Held, the Growth Lead at Kraken said.source

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Offline Freemind

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For me, the answer to that question is very simple. I have never cared what Elon Musk said, ever since he started his games with Bitcoin and Doge has always seemed to me as a very manipulative person, especially when he spoke about Doge knowing full well that he was going to make people buy more. I don't want to imagine how many people have lost money listening to Elon. If someone wrote a book talking about the great manipulators in history I'm sure Elon Musk would have his own chapter.
« Last Edit: June 01, 2021, 11:19:13 AM by Freemind »
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Offline Ben Jonas

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Yes, I am very sure about that. Because in early this month he made an announcement about bought bitcoin so bitcoin actually increase in a day. So, what is this? This is really a very impactable man on bitcoin. Everyone knows his before announcements made an impact on bitcoin prices. So I am sure that his saying will impact crypto ahead.
Crypto Analyst having 4 years + experience. Working With https://bitcoinsensus.com [nofollow]. Follow this to update with Crypto Market.

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crypto market, at present, has placed itself in a zone where the tweets of so-called influential people have started impacting its price movements. Just by “randomly” tweeting something, can these widely-followed individuals gain control of the market movement?
Tesla’s Elon Musk has been one among the few influential people who has been exerting a considerable impact on the price of Bitcoin lately. Commenting on this very slippery slope on a recent podcast, Dan Held, the Growth Lead at Kraken said.source

In my honest opinion, I don't care about what Elon Musk to say about Bitcoin anymore. Because whatever He says or post in the twitter social media is just a matter of hype only to encourage the community to invest the coins He wants to promote and I don't like that.
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