Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Coin63@ on June 01, 2021, 10:33:26 AM
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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 (https://ambcrypto.com/do-we-really-care-what-elon-musk-has-to-say-about-bitcoin-anymore/)
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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.
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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.
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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 (https://ambcrypto.com/do-we-really-care-what-elon-musk-has-to-say-about-bitcoin-anymore/)
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.