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Author Topic: Elon Musk Shakes Bitcoin Price  (Read 5895 times)

Offline Azharul

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Re: Elon Musk Shakes Bitcoin Price
« Reply #30 on: June 11, 2021, 03:16:45 AM »
We know that bitcoin is the best coin in the cryptocurrency market. Because we can see that it's the king of cryptocurrency market.We also know that Elon Musk establish tesla company.Wher tesla accepted bitcoin than it's price will increase quickly.So i think that it's the right point to increase.we also believe that until elon musk staying in bitcoin it's price will increase day by day.So we told that Elon Musk shakes bitcoin price.
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Re: Elon Musk Shakes Bitcoin Price
« Reply #30 on: June 11, 2021, 03:16:45 AM »

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Offline Callisto

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Re: Elon Musk Shakes Bitcoin Price
« Reply #31 on: June 11, 2021, 07:00:51 AM »
Elon clearly has an influence on the bitcoin rate with the help of his tweets, but this effect no longer has the same magnitude as it was before, because many people were disappointed in Ilon because of his own profit in his tweets, because he made good money on his name by speculation on cryptocurrency and hamsters have suffered again. Soon, no one will pay attention to his tweets, due to distrust.

Offline vegasus

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Re: Elon Musk Shakes Bitcoin Price
« Reply #32 on: June 13, 2021, 11:31:52 PM »
If we are listening to what Elon says about cryptocurrency, just leave it and don't need to look at the news directly. And now, the people may be following the hype that can be one of the ways to help again. And now, the most coins will really know the reality and also RTW

Offline CryptoStar19

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Re: Elon Musk Shakes Bitcoin Price
« Reply #33 on: June 14, 2021, 03:25:45 AM »
This is what Elon said recently: "bitcoin is not environmentally friendly"

This is what Elon did: hold onto most of Tesla's bitcoin.

What they do is always more telling that what they say. In crypto you often find after the fact that some institution was spreading all kinds of bitcoin FUD to try to keep prices down while accumulating it themselves.


Offline Mbah Jenggot

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Re: Elon Musk Shakes Bitcoin Price
« Reply #34 on: June 14, 2021, 04:27:15 AM »
This is what Elon said recently: "bitcoin is not environmentally friendly"

This is what Elon did: hold onto most of Tesla's bitcoin.

What they do is always more telling that what they say. In crypto you often find after the fact that some institution was spreading all kinds of bitcoin FUD to try to keep prices down while accumulating it themselves.

In Crypto world , we should have own consideration to decise some thing.
Don't follow them, famous person , big whales. Because I think It is their market strategy to influence market.
Do with your own risk.
Well, elon musk has said bitcoin mining is not ebviromentally friendly. We saw the big dump at last month.
Today, I see elon tweet "Tesla will resume allowing Bitcoin transactions".
I hope market will grow again.

Offline Lanirex

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Re: Elon Musk Shakes Bitcoin Price
« Reply #35 on: June 14, 2021, 02:21:53 PM »
And today it happened again, after Elon Musk reaffirmed accepting Bitcoin, now the price of Bitcoin has gone up again. Truly a man of great wealth, Great influence is what he says and does. Elon Musk, has now become important to the rise and fall of the price of Bitcoin.

Offline Freemind

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Re: Elon Musk Shakes Bitcoin Price
« Reply #36 on: June 14, 2021, 04:36:50 PM »
And today it happened again, after Elon Musk reaffirmed accepting Bitcoin, now the price of Bitcoin has gone up again. Truly a man of great wealth, Great influence is what he says and does. Elon Musk, has now become important to the rise and fall of the price of Bitcoin.

What we have been able to read in the latest news about Elon Musk saying that he will accept Bitcoin as a payment method for Tesla cars, I think is a double play to keep everyone "happy". We don't know when Bitcoin's electricity consumption will drop to 50% from the moment green energy is used, because it may never happen. It is something that depends on the personal decisions of many people.
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Re: Elon Musk Shakes Bitcoin Price
« Reply #36 on: June 14, 2021, 04:36:50 PM »


Offline Halkpro

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Re: Elon Musk Shakes Bitcoin Price
« Reply #37 on: June 16, 2021, 11:10:34 AM »
Bitcoin's market is now being driven by a few people. If they tweet a message and see it, the market goes up and down. But this thing would not have happened before. Earlier the market was moving at its own pace but now it is not. Now if Elon Musk says that I have added Bitcoin to my company then it will increase. And if they say I canceled it, then it will decrease. But I don't understand why people do that.

Offline Freemind

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Re: Elon Musk Shakes Bitcoin Price
« Reply #38 on: June 16, 2021, 11:20:10 AM »
Bitcoin's market is now being driven by a few people. If they tweet a message and see it, the market goes up and down. But this thing would not have happened before. Earlier the market was moving at its own pace but now it is not. Now if Elon Musk says that I have added Bitcoin to my company then it will increase. And if they say I canceled it, then it will decrease. But I don't understand why people do that.

The only solution (which I have never liked) to the problem of Elon Musk talking about Bitcoin and making it go up or down in value, are whales. The whales that did not sell their Doge to Elon are the ones that have prevented him from attempting to control all of Doge's supply. The whales are the ones who control the value of Bitcoin, for better or for worse.
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Offline ExtraPoint

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Re: Elon Musk Shakes Bitcoin Price
« Reply #40 on: June 17, 2021, 07:32:50 AM »
Elon Musk tweeted about Bitcoin now but the price of Bitcoin has skyrocketed.The market has been in a normal state since his tweet.The price of all the coins in the market was rising. Again when he left Bitcoin but the market situation was very bad.Elon Musk is now again supporting Bitcoin for which the price of Bitcoin has started to rise again.It seems that the cryptocurrency market is out of the reach of the world's richest people.The market is fluctuating according to their wishes.We hope that the rise in bitcoin prices will continue.

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Re: Elon Musk Shakes Bitcoin Price
« Reply #41 on: June 17, 2021, 07:36:22 AM »
Bitcoin prices continue to rise sharply after Elon Musk tweeted about Bitcoin. Currently, the price of Bitcoin has increased a lot compared to the past due to the support of Ilmak Bitcoin has increased like the speed of a rocket. It is expected that the price of Bitcoin will again exceed $60k in a few days.

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Re: Elon Musk Shakes Bitcoin Price
« Reply #42 on: June 18, 2021, 11:45:53 AM »
I think Elon Musk is a villain in the cryptocurrency market. This is because the price of Bitcoin has come down as a result of various negative news releases. Because many investors now follow him. But there are bigger types of investors in the cryptocurrency market than him. I don't think the cryptocurrency market will stop for a specific person. The cryptocurrency market is changing all the time and the price of every coin in the market tends to rise.

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Re: Elon Musk Shakes Bitcoin Price
« Reply #43 on: June 18, 2021, 11:50:35 AM »
Bitcoin prices continue to rise sharply after Elon Musk tweeted about Bitcoin. Currently, the price of Bitcoin has increased a lot compared to the past due to the support of Ilmak Bitcoin has increased like the speed of a rocket. It is expected that the price of Bitcoin will again exceed $60k in a few days.

I don't know where you get that information from, but Elon Musk's latest tweets about Bitcoin were not good at all. In his latest Tweets, he said that Tesla would accept Bitcoin as a payment method when 50% of Bitcoin mining uses green energy. That will not bring Bitcoin back to $60,000 as you say, that is imposing conditions. And neither the market nor the community need conditions from anyone.
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Re: Elon Musk Shakes Bitcoin Price
« Reply #44 on: June 18, 2021, 12:23:33 PM »
Bitcoin’s price dropped 7.6% from yesterday’s $39,250 closing to lows of $36,250 following a tweet from Elon Musk.

Looks like, Elon or his friends aren't finished with accumulating bitcoin and that's why he did that type of thing so that they can accumulate more bitcoin in their portfolio. Also today, few fuds create great impact on the price of bitcoin and it's dropped from that price level as large number of cryptocurrency KOL accounts have been blocked on Weibo which is knows as China's Twitter. This is really bad news and bitcoin dumped after circulating this news. TBH, we shouldn't miss the dip again as there is a great chance of rebound as taproot is on the way.

Elon Musk is a big whale. They know what is Bitcoin and where will go its future price. So, they won't sell their Bitcoin rather will accumulate Bitcoin as much as they can for future gainers. Already Elon is now one of the top holders of Bitcoin.

 

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