Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on February 05, 2021, 11:32:34 AM
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
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I think people listen to Elon Musk precisely because of that, firstly because he is a man who has achieved things that very few achieve, had and is successful with their companies, he is one of the richest in the world and also when he speaks does it clearly and easily. For many people in a reference to follow, I think that is why people pay attention to it. The opposite of Elon Musk would be John McAfee, closer to a graceless clown than a "guru".
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People will believe in famous people, when that happens then this situation can be used for a pump scheme in cryptocurrency. Elon Musk is a successful person and who doesn't know him? this in turn makes people not want to miss FOMO, as happened with Dogecoin the last few moments.
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Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
Of course we also have to be able to consider this in terms of this, because as we all know the existence of good or bad news about crypto coins will have an effect on the price, plus the influencer effect with a large following must be influential too, what for Elon's class. musk one of the richest people in the world
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As with important figures in the real world, I think Elon Musk is an important figure in the crypto world, where many crypto users want to be like him.
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Elon Musk is the richest person in the world and this person is followed by millions of people, and I can't even imagine how many people connected with cryptocurrency follow Elon Musk, so as soon as Elon Musk starts writing in his social networks about some cryptocurrencies, then these cryptocurrencies immediately start to grow because Elon Musk makes a fuss about cryptocurrencies and other people pick it up and these people start investing in those cryptocurrencies that Elon Musk writes about.
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traders and people are following elon mask for the same reason they followed john mcafee , they believe that thise guys know better than every one since they are billionaires and also another reason thise guys are effecting the market in a pretty easy way so following them means good money .
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The opinion of a popular personality in market place always brings positive impact of a project and helping it to put in a better position. That is why Elon musk created big influence in the crypto industry when he mentioned about it.
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As in any field-you need to perceive all the information, but at the same time be able to filter and filter out spam and useless. Otherwise, you can lose your initial deposit very quickly.
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To be honest I also questioned this to myself, but the fact is that many people followed what Elon Musk said so that they pumped up Doge's price even though it didn't last long. I personally will avoid it because I feel sorry for those who suffered the loss of that instantaneous pump.
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Elon musk is a famous figure today and has a lot of great influence on the future so there are so many who have followed his development to date. His followers on Twitter also have an impact on the development of cryptocurrency, now his large followers have influenced the price of the cryptocurrency to date.
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I don't think Elon Musk is just joking to us by shilling the coins in twitter, I'm sure he hold a lot of coins secretly. I think he is interested now in cryptocurrency.. we don't know what is the next coins that he will try to shill maybe TRX or XRP?.. who knows.. just get ready always check his twitter. ;D
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Probably because he is the richest man in the world and his opinion is very valuable to people, with one tweet he raised the price of doge by 50 percent, it is certainly very cool
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Elon Musk followed by millions of people around the world. Only the people who are involve in crypto knows what Elon trying to say. He is popular and Multi-Billionaire person that can create his own city. I think once he is mentioning any crypto it could possibly means the next to increase because he will support it. He is actually one of the super genius person in the present.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
I think we must not take it seriously because it is just pure speculation, Dogecoin is a meme coin thats why Elon tweet can be considered as a meme too because this tech billionaire is a Meme fan, And riding the hype just because of that tweet is very risky of losing our money thats why be careful because we dont know what happens next.
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Elon musk just a viral person who already bio with hastage bitcoin and doge which pumped more than 800 percentage than the lower price of Doge coin. So people always following elon musk suggestions.
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I think it's because he is a wealthy business man who has achieved some great heights on earth, imagine being the richest man alive, every single tweet about a coin will be bullish, also he has millions of followers who are ready to follow his financial advice considering he's a wealthy man, recently he proclaimed that he is the destroyer of shorts,so people listen to him because he's a successful business who knows what best.
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One of the biggest influencers of our time, also one of the richest men. Do you prefer to listen to your regular friend who does not own any shares or cryptos or to Musk, a man who has achieved almost everything?
And it can also be that he is the one who owns that wallet with 1/3 of all Dodge coins. Who knows? ;D
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
I think we must not take it seriously because it is just pure speculation, Dogecoin is a meme coin thats why Elon tweet can be considered as a meme too because this tech billionaire is a Meme fan, And riding the hype just because of that tweet is very risky of losing our money thats why be careful because we dont know what happens next.
You are right, a man like Elon Musk is a big fan of organizing all kinds of original performances and jokes. I think it gives him great pleasure to watch the excitement that he made.
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People listen to Elon Musk because he is the richest man in the world and millions of people follow him. If he put in a financial support on a project. That project should be sustained
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Who wouldn't listen to the world's richest man? Every one both in crypto and outside crypto dream of becoming rich so we all look up to those who have already made it to know how they did it so we can follow in their footsteps, it is just understandable why he's tweets always have impact on the financial market, what ever token or coin he mentions it's name in he's tweet will be considered as a very good coin for investing.
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I think of a few reasons why Elon Musk's statements are so valuable to the DOGE & crypto community:
+ Elon Musk is very rich, is the richest person in the world. And according to the psychological tendency, people are more likely to trust the rich because they believe that what the rich do is correct;
+Elon Musk is famous for his innovative ideas: Tesla, SpaceX. The same is true for DOGE & crypto;
+ Elon Musk is a DOGE fan. He want to use DOGE as the primary currency for society on Mars. I think he wants to make more money from DOGE mining :)
+ Elon Musk is a crypto advocate, he also owns some BTC (according to what he said);
+ Elon Musk is the cause of many price increases of DOGE & BTC.
However, I do not expect much more price volatility from Elon Musk's statement, because when the token price fluctuates unnaturally, many people profit but also many people lose money when buying at ATH.
As for DOGE, it has just been accepted by Kronos, which has a far more positive and lasting impact than Elon Musk's statements. I think if Elon Musk really loves DOGE, he should accept DOGE in payment to buy Tesla cars & fly into space with SpaceX rockets :)
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Elon Musk is the richest person in the world. What he said can really give influence to the world or anything that he said because they can make it true with the wealth and money that he has. Many people always expect when Elon Musk get into crypto and certain coin the price will always go up because he buys in a very high amount at once
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indeed elon musk brought a very big change for crypto players and changed all crypto values to be worth quite high in the world maybe the reason is because elon musk is influencer with high a impact in anything the world.
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Elon Musk successfully implements new technologies, and cryptocurrency is also a completely new phenomenon in the financial sector. Therefore, in my opinion, people associate his name with success in those new areas in which Elon Musk is interested. Cryptocurrency and participants in this market will only benefit from the fact that Elon Musk advertises cryptocurrency in such a peculiar way.
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People listen to Elon Musk because he is a genius of the present time and is a very advanced person. He is an engine of progress and does a lot for humanity as a whole, which is why so many people consider and orientate with his opinion. His reputation has a very big impact, remember his tweets. with bitcoin and doge, when the price immediately went up, as this is a signal for many investors for the future future of cryptocurrencies.
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ElonMusk is really popular and has long been considered a fan of DOGE coins, even more famous to the DOGE community than the meme founder. I really enjoy watching the movement in DOGE price after every ElonMusk statement.
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Who wouldn't listen to the world's richest man? Every one both in crypto and outside crypto dream of becoming rich so we all look up to those who have already made it to know how they did it so we can follow in their footsteps, it is just understandable why he's tweets always have impact on the financial market, what ever token or coin he mentions it's name in he's tweet will be considered as a very good coin for investing.
People don't listen to him. People see the message on Twitter and know that as soon as he writes the name of the cryptocurrency there, the pumping immediately begins. Then these same people sell the coins. Who is smart regards this as a signal to buy. But it will not always be like this, one day people will be disappointed and will not buy the coins that Elon recommends.
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Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
When someone who has power in the business world tweets 1 to 2 times it looks like it will push up the altcoin price he tweeted in his tweeter account, with many big business followers around the world, Elon easily tweeted in support of Dogecoin so that it can be used as currency. world, it seems to be normal, we can take advantage of this situation, but if Elon continues to tweet about Dogecoin, financial experts argue, it will make something normal and will not affect the market
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Because indeed Elon Musk is successful with his investment in crypto. So do not be surprised if many successful figures admire and indeed we also have a lot to learn from him in order to become like him.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us.
What you have said is already a powerful reason and the other things that makes Elon Musk unique to the people is that he always reminding about the benefits of a very boldly optimistic view of the future, big bets, risk-taking and hard work. We used to get it from popular culture and our political leaders. Today, it comes from folks like Elon Musk.
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We always admire every renowned person we heard and knew and this makes the advantage why someone like Elon Musk always has the influence of his words when he speak. So it's normal but it doesn't mean we just accept his word without studying the crypto from his list.
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It's not strange to see the market price of any crypto pumped when validated by a popular figure, not to mention that Elon Musk is one of the richest men in the world. Don't forget that crypto yearns for mainstream adoption, so when someone of Musk's ilk talks about crypto then it's gonna spread like wildfire. It appears that cryptocurrency still needs validation to achieve global scale.
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Yep, because he is popular and rich, then he can influence others. It is the fact that the price of Dogecoin to increase very much because of the tweet of Elon musk. He already did it many times to pump the Dogecoin. I hope other coins also can be pumped like this coin. It is amazing to see it increasing just from a tweet of Elon Musk.
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there are many people who are new to crypto who just follow the trend of elon musk tweets that have made some big impact on crypto such as doge which is currently rising very high , its just that we need to pay attention to how to do the strategy when investing in elon musk tweet moment.
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maybe now elon is the top one coin increase, but tomorrow when the prediction is not right he will become a blasphemy for all ctypto lovers, I personally hope elon is twittering on his twitter wall for other coins besides doge, bitcoin and XRP
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This is the effect of celebrities. Now many crypto projects like that celebrity to help them promote, so that more people will know about this project, and Elon Musk is also very rich, which is estimated to drive more people crazy.
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Elon Musk is genius and without bad record so far. He has a good reputation and remarkable successes in his life despite of his past failures. I remember his word, let your failure be your success. Being superstar,ceo, investor, and inventor are good enough to listen to his word of course he's not god.
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Elon musk has a large following and has a big influence if he buys Dogecoin instantly the price will go up 10x in recent days Dogecoin has made a surprise by increasing several times it proves that Elon musk already has a large amount of Dogecoin. Of course in the chance he keeps tweeting About Dogecoin it is surprising for the price to be this high due to the influence of Elon Musk.
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People believe in those who are very much expert in any field as we know that he is the owner of Tesla which is one of largest car company in the world so if he enter in crypto space then the whole market will be multiply by 10 so that's why people believe on him.
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When a successful entrepreneur and a famous artist tweet, it is certainly a common thing, because they have different goals.
But Elon is different from typical tweeter users, he is able to pump up prices just by tweeting, he has a lot of followers I think 60% are business partners and they have a lot of money to invest in crypto coins like Dogecoin
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He is a pillar in science industry. He is an example of present inventor that making new world history from impossible to possible. Elon Musk is a successful person live on earth with integrity and honor as the head of its own company. I think no reason not to believe him with respect to investment.
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There are many factors that contribute to why people are listening to Alon musk, I think he's has influence on what he's saying concerning crypto currency that alone has given him edge for people to listen to him, Bitcoin has made him popular because of his investment,for me those things gives influence that whenever he speaks people listing.
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True Elon Musk has a huge fan following on twitter and has been successful in various industries like electric cars, space travel etc, but i guess that doesn't make him a crypto expert is amazing how a couple of tweets can change the value of an altcoin
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Because of course many people want to be rich and successful in crypto like him. As it should be, Elon Musk is an important figure in crypto. So it's no wonder that many people pay attention to it.
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Well said! Elon words are just doing magic and leave a huge impact. Those who act on his words definitely make huge profits even in the recent time he tweet about Dogecoin and Bitcoin and both of the coins are booming faster than other coins. We don't know whether Elon is holding some cryptocurrency or not but it's good by his words some coins are moving well. I feel it's nothing bad to follow him.
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Well said! Elon words are just doing magic and leave a huge impact. Those who act on his words definitely make huge profits even in the recent time he tweet about Dogecoin and Bitcoin and both of the coins are booming faster than other coins. We don't know whether Elon is holding some cryptocurrency or not but it's good by his words some coins are moving well. I feel it's nothing bad to follow him.
If people are following him because the want to easily make profit, then the aim and objective of cryptocurrency is far from adoption but now pure speculation on the profit maximization.
I believe him because he is an influential due to his position in Tesla but this crazy and shilling is getting out of hand.
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I think that's why people listen to Elon Musk, and that's because he's a man who got a lot of people, got a lot, and was successful with his companies, he's the richest man in the world. Is one of the people and when he speaks it is clear and easy.
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I think most of the investor follow Elon Musk in social media. People knows that Elon is the big investor in crypto currency if he invest then that particular assets price will pump. Now the market going to under Elon Musk.
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Not just Elon Musk, when successful people from different sectors of the world express their views on any subject, it affects the whole world. When people like Elon Musk speak positively about a cryptocurrency on various social media, including Twitter, it instantly affects the market. Since they are successful and rich people, people think that the token he is talking about must be a good token; So the demand and price increases.
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Why not listen to the opinion of the person whose company has invested a lot of money in Bitcoin. Making such investments, he probably knows what he is doing.
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I think that's why people listen to Elon Musk, and that's because he's a man who got a lot of people, got a lot, and was successful with his companies, he's the richest man in the world. Is one of the people and when he speaks it is clear and easy.
Elon is not the richest in the world, he is listened to because he has created many successful companies and he is just a cool dude, he supports dogecoin.
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Do you still don't know this person? Do you still not understand the importance of fundamental analysis? Elon Musk is the richest man in the world. If he just buys econ then he can buy lots of coins at high prices and then sell them back as usual. However, if it is not true, then it is a risk
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He is one of the most famous people in the world. He can bring big impacts when he joined crypto. If he regularly support crypto or certain coins with his tweets. It means he trust in crypto, then many people will follow him. I think the simple example is just yesterday. The price of Bitcoin is rising up significantly once Tesal buy many Bitcoins.
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Probably because he is the richest man in the world and his opinion is very valuable to people, with one tweet he raised the price of doge by 50 percent, it is certainly very cool
It's not even about the wealth of Elon Musk, although this is also of no small importance. He invests his capital in new and promising technologies, and is also very attracted by his idea to conquer the nearest space and colonize the planet Mars. At the same time, his ideas are being successfully implemented in practice, and therefore he can be classified as one of the most successful and influential people.
Since cryptocurrency can also be called a new technology in the financial sector, his interest in cryptocurrency immediately sparked a lot of people's interest. Elon Musk is associated with success, so it is quite possible that many believe that if he showed interest in cryptocurrency, then it has great chances for growth and development.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
Why won't people listen to him, the riches man in the world unless you prefer poverty to wealth that this Man will talk and you won't listen to him. He loves to catch fun and he is one that interacts with his users directly, knowing that he can pull people towards his view, he decided to use these influence to his advantage, thank God he declares he now own BTC
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~sni~
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
someone listened to him because he was a millionaire and owned many companies, maybe that's what happened at this time.
But the increase in the price of Bitcoin has been predicted by many people, after the halving of bitcoin the price will definitely increase, but what about Dogecoin? I think, Elon Musk is not only talking in tweets, but he is one of the investors who can pump up prices because he bought several a large number of coins.
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In fact, there are so many people in the world who listen to Elon Musk. Why? Because he is the person that holds big companies, becomes the richest person in the world, and also he also has much money so that he can pump any certain coin as he like surprisingly
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In fact, there are so many people in the world who listen to Elon Musk. Why? Because he is the person that holds big companies, becomes the richest person in the world, and also he also has much money so that he can pump any certain coin as he like surprisingly
At least this is not only because of the authority of this person, because the majority reacts to his statements in the sense that they understand if a person supports some kind of cryptocurrency, then he will definitely invest in it. If a rich person invests in an asset, then this asset will someday be very profitable.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
You're not current on cryptocurrecy informations, news, and cryptocurrecy developments. As a matter of facts, Elon Musk had bought $1.5b worth of bitcoin and had proposed accepting payment with bitcoin on his Tesla products very soon.
And if you must know, Elon Musk has know hidden or any form of secret dealing with cryptocurrecy, rather he has added Bitcoin to his Twitter bio. He made his interest on cryptocurrecy known to his followers especially on Twitter.
Again, to follow any anyone is just a choice whether rich or no. As a crypto enthusiasts or participants, I think the best idea is to follow a man that can help boost the price of crypto for every one advantage.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
You're not current on cryptocurrecy informations, news, and cryptocurrecy developments. As a matter of facts, Elon Musk had bought $1.5b worth of bitcoin and had proposed accepting payment with bitcoin on his Tesla products very soon.
And if you must know, Elon Musk has know hidden or any form of secret dealing with cryptocurrecy, rather he has added Bitcoin to his Twitter bio. He made his interest on cryptocurrecy known to his followers especially on Twitter.
Again, to follow any anyone is just a choice whether rich or no. As a crypto enthusiasts or participants, I think the best idea is to follow a man that can help boost the price of crypto for every one advantage.
@Bobcrypto
If you read the tread correctly you would see that it was written before Elon invested in Bitcoin, or at least before the news got there.
There is nothing to criticize and that's how I understood it.
Sure, I'll sign your last sentence too, but there were some in the past who were just looking for a quick buck and ruined some investors. So manage with caution and only trust yourself 8)
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Elon Musk is famous and the richest man in the world why won't people listen to him, to crown it all, he is a business man, a world class business man for that matter, and suddenly such a person shows interest in crypto, it is very common for people to listen and follow his footsteps.
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Obviously he is an investor, an entrepreneur and influencer so he does receive that special attention, also remember he is the most advanced tech guy doing very innovative things and lastly he is the richest person right now so all these things definitely make him important.
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the impact of elon musk almost a number of important and rich people around the world investing in bitcoin have a good impact on crypto that is increasing in number or growth but for new investors who follow elon musk also need attention and learn when going to invest.
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Because Elon Musk is an important figure in crypto, where he is; ah, one of the people who is successful in crypto, so it is only natural that many people learn from his experience or efforts.
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Elon Musk look like angel in cryptocurrency because with his tweet can make coins pump, he is businessman and many partner become with his project Tesla so almost his friend are investors so when Elon Musk make tweet his partner have buy coin tweet by him before, and we late for buying so they are selling you buy their coin, you know what happen later you will loss much.
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Elon Musk look like angel in cryptocurrency because with his tweet can make coins pump, he is businessman and many partner become with his project Tesla so almost his friend are investors so when Elon Musk make tweet his partner have buy coin tweet by him before, and we late for buying so they are selling you buy their coin, you know what happen later you will loss much.
You had so much time to be faster than Musk. Since you know what to do, be quicker next time and sell your cryptos to Jeff Bezos ;D
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It seems to me that Elon Musk can become a kind of reference point (more precisely, not he, but 1.5 billion dollars from Tesla) for the widespread introduction of cryptocurrencies into the world economy.
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As you said "Elon Musk is a very popular man due to his big list of success stories". Because of this success he has influenced hundreds of millions of people. And people see him as a trustworthy individual.
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Of course, people listen to him. He is one of the most popular people in the world. What he tweets, can make people more trust to the crypto investment. That's why when he tweets about Doge or Bitcoin, the prices of these coins are increasing very significantly. Even till today, the increase still continous.
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This is the power of the influencer, Elon is the biggest influencer for now and he can easy to manipulated people, And his manipulation become more strong when what he says become real, that why people will listen to his
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In fact, so many people listen to him. We can see from how this FOMO still continuous. Many new public figures, new investors are coming for Doge and also BTC after Elon Musk's Tweets, which is the power of someone big, popular, and richest in the world.
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Elon Musk is actually a KOL. So his words are golden nuggets, and what's more, dude is the richest man inthe world, for crying out loud. So he must be doing something right
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Elon musk already a super viral face in the cryptocurrencies market because he already supported doge, Bitcoin and ripple then all coins are on the moon already. So people always following elon musk suggestions and comments, if he up another coins then it would be on the moon.
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A person with a large and positive influence may be heard by many people about other things Elon Musk is a successful person and many people desire, of course, his attitude and speech actions will be imitated by many people and circles
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Because is rich, because he has known where to invest his money, because he has many companies, because he is not the typical rich man who speaks arrogantly, because people like to follow and listen to famous people... There are many reasons why they listen to Elon.
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I believe you have said it all, people listen to Elon Musk because he is a successful business man, and also the richest man alive right now (if I'm not mistaken) alot of people aspire to be like him cause his rich and powerful, everyone wants to get rich right? that's the reason they normally follow his tweets and buy whatever coin he endorses, and no doubt each time he talks about dogecoin it always pumps, those Lil pumps can make a poor man rich you know ;D.
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I think Elon Musk, as a public figure, found his fans in the face of crypto enthusiasts, I think he will not lose much if Bitcoin crashes! I think all his words are just a game with people!
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It is simple to know why. It is because:
Elon Musk is rich
- He is popular
- He has big power as an influencer and businessmen
- he is the richest man in the world
- He can influence and change many things with his money or companies
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Because is rich, because he has known where to invest his money, because he has many companies, because he is not the typical rich man who speaks arrogantly, because people like to follow and listen to famous people... There are many reasons why they listen to Elon.
In addition, because he is a successful man. The man with food reputation that can command his team to do this or that for their own good. He will not speak against himself. Normally, people listen to high ranking people in the world. Elon's success is undeniable.
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Exact @TERMINO, Elon Musk is what is called "a successful man". That is why he is followed, admired and loved, and also hated by many. He really seems to me, in most cases, a fairly simple man, it doesn't seem like fame or money has gone to his head or makes him arrogant.
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As well as important figures and other successful and successful figures. Elon Musk is also one of them. so it is not wrong if many want to learn from him and of course want to be like him.
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People want to be successful in life, so they are looking for an example to follow. And Elon Musk is just such an example more than appropriate. Many see his success, both as a businessman and as a public figure, and therefore strive to follow his advice and deeds.
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Elon musk is one of a kind, he's status is awesome so when we actually follow and take his foot step we actually aim for the success. Elon musk has a very high power on the market and he's an influencer I will say, just take an example with dogecoin.
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Elon Musk is a great man on his own way. An undergrad guy who managed to overcome the obstacles in front of him and prove to the world that intelligence with practical application and self motivation is watching to succeed. Also if you try to find someone to listen why would listen to those who has proven nothing compare to Elon.
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Thats because he has big number of followers and he is very successful i his career. When he tweets something it reaches to millions of people and they think that this project is good but they dont do their own research.
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Elon musk has strength with his wealth, so people can easily listen to his every word. The rich businessman in the world, who is not affected by him? And this has been proven, with a tweet on his Twitter can make one of the Crypto coins its price increases thousands of percent.
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Elon Musk have ended now because not one want to hear him, with many people try to analyze by himself with doge coin price, last two day last tweet about doge coin and now he look silent about doge and cryptocurrency, maybe many people wanna make him as source to know doge will up or not.
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With each new tweet of Elon Musk, DOGE does not react so much, the growth of this coin is directly related to one person, so DOGE will no longer show the growth dynamics so much, for me this coin served as a cheap withdrawal from any exchange, after the pump, I no longer use this tool.
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Not stop listening with Elon Musk because he make bad reputation for bitcoin and altcoin, although his company accepted bitcoin but be quit when he sell all bitcoin assets on his wallet, make bitcoin dump because now he has many bitcoin bought last week. Better when you got profit sell it and never waiting with any news from him
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Exact @TERMINO, Elon Musk is what is called "a successful man". That is why he is followed, admired and loved, and also hated by many. He really seems to me, in most cases, a fairly simple man, it doesn't seem like fame or money has gone to his head or makes him arrogant.
He is a public figure who is listened to. I don't think he can afford to insult anyone or do anything bad. But we don't know what he really is. Perhaps he is cunning and knows that a lot of people listen to him and take advantage of it.
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actually people follow elon musk tweet because what ever he say then he try to full filed it .. This is not because he has wealth but he is interested on crypto currency after cz of binance and this is my thought . also elon musk become more serious about crypto as he bring bitcoin in his company.
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Elon is an influencer that pushes the crypto currency whenever he endorsed it. it is obvious that whatever he promote will have a positive effect to the project. Also the fact he is a billionaire is a big factor why people listen to him.
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This is inherently a speculative market. Therefore, it is always worth listening to what a public person says. Their words have a short-term effect on the value of the token they are promoting. Well, in general, they are able to attract new investments.
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If I don't listen to Elon Musk that means I do not like wealth, when the richest man in the world talks you listen not just individuals, nations and organisation of the world. It is just that Elon Musk is more of people's person unlike other people that have taken the positions before. He is not just lucky to have built more than 2 successful companies, he must know something you do not know
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People believe that Elon Musk speaks honestly and will bring big impacts to a certain coin supporting by him. And it really happens because many people are following others to buy more on the coin after seeing Elon's tweets. Moreover, if there are whales who take advantage by pumping the price of the coin through Elon's tweets hype. Yeah, this is probably what happening on the Doge hype behind the massive increase in its price several days ago.
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People believe that Elon Musk speaks honestly and will bring big impacts to a certain coin supporting by him.
Besides people believed that if Elon spoke honestly, people also believed that Elon would have a big impact. Because Elon Musk is a successful rich person, even Elon Musk's wealth has been recognized by the World.
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Elon Musk is the richest person in the world and is in the ranks of being the CEO of a well-known company with a very friendly character.
Then in my view that Elon Musk has his own charisma for Cryptocurrency and this is very much needed in cryptocurrency in the form of good news and FUD.
The effect of each ELon Musk talk can increase the price of all cryptocurrencies including Bitcoin and DOGE as he did in January.
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Elon Musk is currently the richest dude on the universe. It is not a coincidence. He makes astute decisions on business and technology. And I am very sure he has a team of advisers on his payroll. So he actually knows what he's saying sir
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Elon Musk is the richest person in the world and is in the ranks of being the CEO of a well-known company with a very friendly character.
Yep, these are some factors to make people listen to him. People believe in his tweets because he isn't an ordinary person. Also, people must realize that he must speak the truth since he won't waste time for a joke only by supporting the Bitcoin, Doge, or the crypto world as a whole.
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As long as it's profitable for them, surely elon will continue to follow. Some companies have even approached elon for full support. Not only has Elon also had a big influence on several projects, such as sfp and juld. I think successful people are very influential when it comes to cryptocurrency.
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As long as it's profitable for them, surely elon will continue to follow. Some companies have even approached elon for full support. Not only has Elon also had a big influence on several projects, such as sfp and juld. I think successful people are very influential when it comes to cryptocurrency.
Of course, he can have such an impact on the crowd up to a certain point. Previously, John McAfee could also pump coins with his face alone. Now no one believes him because of his call to buy bitcoin for 20,000 in 2017. Although it has grown now, but many have lost money over these long 3 years until it has grown again.
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As long as it's profitable for them, surely elon will continue to follow. Some companies have even approached elon for full support. Not only has Elon also had a big influence on several projects, such as sfp and juld. I think successful people are very influential when it comes to cryptocurrency.
Of course, he can have such an impact on the crowd up to a certain point. Previously, John McAfee could also pump coins with his face alone. Now no one believes him because of his call to buy bitcoin for 20,000 in 2017. Although it has grown now, but many have lost money over these long 3 years until it has grown again.
Stop listening what tweet by Elon Musk because you just allowing with hype way if buying coin recommended by him, I think now have the era for us keep looking with chart and demand supply when buying or selling coin, never make recommended as Elon Musk your way when buying coin exactly with Doge.
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@ropyu1978 that's not just for Elon Musk. I still remember when a project team paid John McAfee $ 100,000 for a simple tweet. I don't remember the name of the project and I don't know if it was successful or not, the point is that people (the majority) will follow what the rich say when they talk about crypto or anything else. I think some do it for FOMO and others perhaps, for not studying the market for themselves and learning.
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A person is one of the richest in the world,many people listen to his opinion, because they want to think like him, because a person has made a fortune and continues to increase his wealth, you can say for many people Elon Musk is an example to follow.
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This is somehow, is just that you are asking why people are listening to their president, because is a successful person, people will love to hear from him so as to know or learn pattern or ways in achieving one thing or the other
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I think these days the normal ways to join the bull parties is to follow the whales in their social media account. Through this they can have an access to know what the Whale planning to do or the possible meaning of his tweet. Signal is important for those who are aware about crypto plan to pump. Elon is whale so not surprising why people will follow him.
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Elon Musk is not only a person here, he is investing his organizations' assets in Bitcoin, Dogecoin. When a big name like Elon Musk promotes cryptocurrency and invest as an institutional investor with huge amount of funds, it generally puts huge positive impacts on the markets. Investors get confidence and market also moves towards the uptrend.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
If you asked why people listen to Elon musk, because He is famous people and rich . It is normal, If the famous tweet follower will listen . We all see dogecoin , after Elon musk tweet, dogecoin pumped
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A man with a vision like Elon musk is something worth listening too
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I think that people listen to Elon Musk because this person has natural charisma. He knows how to present his things to people. He is talented and has many ideas for improving his daily life. And on top of that, he also has money thanks to which he embodies unthinkable ideas.
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I think that people listen to Elon Musk because this person has natural charisma. He knows how to present his things to people. He is talented and has many ideas for improving his daily life. And on top of that, he also has money thanks to which he embodies unthinkable ideas.
But I think that people listen to him (I'm speaking about current period/right now) because he is extremely rich. They think that if they do what Elon Musk do, they will also get rich. So far this strategy works. But on the other hand he can easily manipulate people
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@bitbit97 of course he manipulates people. How many people have sold their coins after Elon Musk started talking on Twitter?. I'm sure a lot of people sold, but I also know that a lot of people bought thinking that the pump was going to be infinite. I wonder what those people think now after seeing their losses. And I don't think this is the last time Elon does something like that.
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I said this a little whiles back. It really wouldn't surprise me at this point, as I'm very surprised after being one of the founders of paypal he has never publicly mentioned being involved in and of the "recent" developments of cryptocurrency. It seems as progressive as he is i would like to think he is fully aware how crypto is going to be the future. Maybe not bitcoin exactly but it most certainly is going to take over traditional means at some point
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Elon one of the best manipulator of all time in social media, look at doge he started shilling it on twitter last year and now the price improved really high after Doge he announced BTC saying good things about crypto after he buys a lot and his company everytime he talk about btc in social media its created new ATH in BTC personally I dont think I can trust his tweets in social media sometimes it only creates doubts to investors.
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In my opinion, this is because Elon Musk has the courage to take enormous risks by buying large amounts of Bitcoin. So surely this will amaze many people and ask what is wrong with this Elon Musk. So that in the end many are finding out.
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In my opinion, this is because Elon Musk has the courage to take enormous risks by buying large amounts of Bitcoin. So surely this will amaze many people and ask what is wrong with this Elon Musk. So that in the end many are finding out.
I think Elon Musk wanna get much profit with this situation where make panic moment for trader and investor, he has much money and can make anything news with bitcoin and altcoin price, when bitcoin have higher price we will give announcement with good news bought bitcoin but do you trust he buy bitcoin? I think this the way for him to sell bitcoin and check his tweet today look make many investor panic for selling, just think he has buy bitcoin.
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When one day Elon Musk says something about Bitcoin on his Twitter again, many people and also corporations will buy without thinking for fear of the FOMO, and it will be at that precise moment when Tesla puts their Bitcoins on sale, and I assure you that they will do so at a price much higher than the price they bought. This is the game of knowing that millions of people and companies listen to you, and Elon Musk knows it perfectly.
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When one day Elon Musk says something about Bitcoin on his Twitter again, many people and also corporations will buy without thinking for fear of the FOMO, and it will be at that precise moment when Tesla puts their Bitcoins on sale, and I assure you that they will do so at a price much higher than the price they bought. This is the game of knowing that millions of people and companies listen to you, and Elon Musk knows it perfectly.
Many investor think Elon Musk is god in bitcoin and altcoin because almost his tweet make many people wanna hurry to buy without think he is really buy bitcoin or not, I think Elon Musk exactly when tweet to buy bitcoin just he want to sell his bitcoin assets so try to make many people panic buying and he got chance to sell bitcoin with higher price.
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@ropyu1978 this is how Elon Musk works, that's my opinion. But he does not do it only with Bitcoin, he has also tried to control the total supply of Doge, but the play has gone wrong when he realizes that there are several whales that are not willing to sell. He's rich and charismatic, but at his age (he is not a boy) he must know that not everyone is going to dance to the song he plays.
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I think that people listen to Elon Musk because this person has natural charisma. He knows how to present his things to people. He is talented and has many ideas for improving his daily life. And on top of that, he also has money thanks to which he embodies unthinkable ideas.
But I think that people listen to him (I'm speaking about current period/right now) because he is extremely rich. They think that if they do what Elon Musk do, they will also get rich. So far this strategy works. But on the other hand he can easily manipulate people
I believe that manipulation of people's minds. If people saw Elon Musk's tweet about dogecoin, they know that this coin will be pumped. These people want to buy a coin faster than other people. For many, Elon Musk has become an indicator for buying in the market.
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Everyone thinks that when a successful and big businessman like Elon Musk talks positively about cryptocurrency on social media, when it comes to investing, it is natural for the market to be affected. Because of that, there have been many pumps in the crypto market. However, many are skeptical about whether he has really invested in crypto or manipulated the market. It would be detrimental to Crypto if he did it just to manipulate the market without investing.
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Many are confused as to why Elon Musk has suddenly become a huge influence in the development of crypto, especially the price of Bitcoin. And many of these things are not understood, so indeed many people end up finding out. I'm sure the reason is out of curiosity.
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What I've been wondering for a long time is since when did Elon Musk own Bitcoin and Doge (and maybe other coins/tokens). I don't think this hobby is new to him. It stands to reason that Tesla would have been studying the market for months, or years, before making the purchase he made recently, which is why I think Elon has had cryptocurrencies for much longer than he has been talking about them.
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What I've been wondering for a long time is since when did Elon Musk own Bitcoin and Doge (and maybe other coins/tokens). I don't think this hobby is new to him. It stands to reason that Tesla would have been studying the market for months, or years, before making the purchase he made recently, which is why I think Elon has had cryptocurrencies for much longer than he has been talking about them.
Elon himself could be, but Tesla as a company has to make the books transparent.
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Elon musk The child is a local person. His companies are very famous all over the world. His trading institutions are buried in different countries around the world. So much has spread, people believe every word of his mouth. Elon Musk Nowadays, when you talk about investing in a coin, the price goes up a lot. So currently he is a person at the top.
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If Elon Musk is doing it then it is logical to think that he has holding a bunch of them for sure. Why would you tell something if you get nothing from it. He just using his popularity to easily make million dollars from people who who believes in him. That is why better not to ride on if your exit will be trapped by your own greed.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
Well you said it all, Elon Musk is not just a popular Man but a Rich one at that too and with people like this, their words seems to move market be it Stock market and more recently the Crypto market and we have seen in two different cryptos where that happened already with his tweet, DogeCoin and Bitcoin. Yes people or investors might want to follow with this kind of Financial Heavy weights are doing hoping they too can reap from the benefits of the positive reaction their words produce and on the other hand, caution must be taken cos that can spell dome too if it goes sideways.
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Everyone listens to him because he is very smart and famous and everyone listens to his opinion. Personally, I also listen to him and have nothing against him.
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The fact is that the mask listens to the statements of Elon, first of all, because he confirms all his words with his actions. After all, they take tweets seriously after investing $ 1.5 billion in Bitcoin from Tesla, as well as $ 1.5 million in DOGE from Elon Musk himself.
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I dont know but Elon musk is best! ::)
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Because he's a top influencer, but no matter what anyone says, it's not Musk's tweets that move the cryptocurrency market.
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Elon Musk is one of the richest men in the world, and I believe that is why people listen to him. He has also accomplished things that very few people have, had success with his companies, and speaks easily and clearly. I believe that is why people are interested in it for many people in a reference to follow.
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I think that many people will follow Elon Musk because he ibeen a very successful business/entrepreneur, a great status on all his endeavor. There are not many individuals in the word today that has archived much more compared to his similar business ventures. I think Elon Musk is doing great and many people will always appreciate him now and in near future.
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People listen to Musk (as well as other top influencers) because they themselves do not want to strain their heads and take responsibility for their actions, learn something new, etc. It's easier for them to believe Elon Musk, and if something goes wrong in their direction, then blame everyone but not themselves.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
It's good question, why people listed to elon musk, because Elon musk is one of famous people that have big find as Tesla CEO.
So, many people being influenced by Elon musk.
That's normal.
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Well, this aged well. Mr. Musk has successfully pumped(and dumped) bitcoin, Dogecoin and some other shitcoin. That's how powerful he can be. And I hear he's building a native token for Twitter and/or integrating it into a dapp via Web3.0. Could all be speculations though
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I think he just competently knows how to manage market narratives and jumps on this wave in time, inflating it all with his person.He is just a catalyst, the movement in the market is clearly not because of him.
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I think he just competently knows how to manage market narratives and jumps on this wave in time, inflating it all with his person.He is just a catalyst, the movement in the market is clearly not because of him.
You're right, He is just catalyst.
Crypto marketing is always depending on the basic factor.
Demand and supply.
Not depending on one people such Elon musk.
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Yes, many people start jumping into the last car of the train, just when some event is heated up by an influential person from the crypto industry.As a rule, hamsters become food so that large participants can unload their bags.
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Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.
What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).
Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?
Because Elon musk is a famous person that have big fund.
Sure He is one of the richest people at the world.
So I think It's the reason why .
TBH I don't believe with him,better to have own analysis
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Of course, as the owner of a large portfolio of cryptocurrencies, it is in his interest to try to raise it up in all possible ways if possible.
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Being wealthy and well-known tends to put a person in a position of stronger influence. It has always been like this, the phenomenon just got a lot stronger as social media gained traction. Sometimes people like this have genuine authority in given topics, other times their expertise is questionable. So I'd say we should always be cautious and not just follow others blindly. In the case of Elon Musk, it is worth looking into his possible motives behind saying certain things, the power he has over people's decisions, and whether or not he is talking about a topic he is knowledgeable in. I personally take a lot of his declarations with a grain of salt.
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There are just no less successful people who also have a large portfolio of cryptocurrencies and who are also interested in their growth...but they don't behave so defiantly.
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Of course, as the owner of a large portfolio of cryptocurrencies, it is in his interest to try to raise it up in all possible ways if possible.
Yep, Elon musk is one of crypto investors, It's also a famous person.
I think people listen him, what he say will influence many people.
That's normal
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Maybe because he invented and established Tesla, SpaceX, Twitter, NeuraLink, Open AI and maybe in future he’ll become the CEO of many more companies. Provided that he is the so called ‘business tycoon and mastermind’, that is why people tend to listen to him and his advice blindly.
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Maybe because he invented and established Tesla, SpaceX, Twitter, NeuraLink, Open AI and maybe in future he’ll become the CEO of many more companies. Provided that he is the so called ‘business tycoon and mastermind’, that is why people tend to listen to him and his advice blindly.
The key word here is to listen blindly.People tend to believe everything, just not to try to study something themselves and take responsibility for themselves.
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Maybe because he invented and established Tesla, SpaceX, Twitter, NeuraLink, Open AI and maybe in future he’ll become the CEO of many more companies. Provided that he is the so called ‘business tycoon and mastermind’, that is why people tend to listen to him and his advice blindly.
Elon Musk didn't invent or open Tesla, he bought it after a series of investments from its original founders, Marc Tarpenning and Martin Eberhard. Musk is also not the founder of Twitter and has not established it either, after the purchase he continues to lose money, in 6 weeks Twitter will have a new CEO. The problem is not that someone says or does things that make them look like the savior of humanity, the problem is that there are people who believe what a billionaire says.
A billionaire with diamond mines where he has been accused many times of using children as labor. That's a problem, people without the ability to think for themselves.