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Author Topic: Just Wondering: Why People Listen to Elon Musk?  (Read 9209 times)

Offline TomPluz

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Just Wondering: Why People Listen to Elon Musk?
« on: February 05, 2021, 11:32:34 AM »


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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Just Wondering: Why People Listen to Elon Musk?
« on: February 05, 2021, 11:32:34 AM »

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #1 on: February 05, 2021, 11:40:10 AM »
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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Offline Hope4life

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #2 on: February 05, 2021, 11:50:05 AM »
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.
« Last Edit: February 05, 2021, 12:05:46 PM by Hope4life »

Offline Max Way

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #3 on: February 05, 2021, 12:44:26 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #4 on: February 05, 2021, 12:48:53 PM »
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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Offline trauchot

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #5 on: February 05, 2021, 02:19:30 PM »
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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Offline iloveyobit

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #6 on: February 05, 2021, 02:33:24 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #6 on: February 05, 2021, 02:33:24 PM »


Offline Quantum X

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #7 on: February 05, 2021, 02:38:31 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #8 on: February 05, 2021, 02:48:57 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #9 on: February 05, 2021, 02:53:49 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #10 on: February 05, 2021, 03:04:40 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #11 on: February 05, 2021, 03:28:05 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #12 on: February 05, 2021, 04:32:18 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #13 on: February 05, 2021, 04:41:13 PM »
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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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #14 on: February 05, 2021, 04:41:27 PM »


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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