Elon Musk has to much influence on Cryptocurrencies

[Paha87]

I follow Elon's life and work a little, and I can assume the following.. I can see that when he made the tweet about Dogе, he didn't plan for this outcome. He did not write the tweet "Buy Doge", there was only one word "DOGE" the rest was invented by his followers themselves. There was no call to buy or sell from Musk. I believe that he is not guilty of anything, in what many users accuse him of.

[Paglamon]

In fact, the current situation in the market is due to the CEO of the only car dealer Elon Musk. There are different traders all over the world. These businessmen follow rich people. Elon Musk has been writing about Bitcoin at various times in the current market. Constantly commenting on Bitcoin i.e. the cryptocurrency market. At first Tesla accepted bitcoin, but now Tesla does not accept bitcoin. So many people blame Tesla for reducing the price of Bitcoin in the market.

[tvplus006]

We all have witnessed the power and influence of Elon Musk on cryptocurrencies. It makes me wonder why Elon send out tweets on purpose to influence the price going up and down on BTC and Dogecoin. What do you think? Is there a hidden agenda?...

Undoubtedly, Elon Musk is interested in cryptocurrency and we know for sure that his company Tesla bought BTC for $1,5 billion. The profit from investing in BTC was much higher than the profit that Tesla received from the sale of cars for 1 year.

[pelana vreo]

We all have witnessed the power and influence of Elon Musk on cryptocurrencies. It makes me wonder why Elon send out tweets on purpose to influence the price going up and down on BTC and Dogecoin. What do you think? Is there a hidden agenda?

Whatever Elon tweets it will effect the price, check out: Elon Musk Shows Interest In Green Bitcoin Mining Operations Helping BTC Surge to $40,000

Tesla has many Business Partners, followers and a number of employees in several divisions, it seems that Elon Musk's followers and a number of employees who invest in crypto look panic because Tesla does not accept Bitcoin again,but until now Tesla still have a number of Bitcoin.
Elon Musk didn't actually influence the crypto market, it happened by chance, because we have seen many other big investors who have never tweeted like him, but have large amounts of Bitcoin in their wallets.

[gabbie2010]

I believe sooner or later people would not be taking Elon Musk tweet very serious again, he purposely using his wealth to create FUDs in the market unfortunately a lot of traders and investors were liquidated as a result of his tweets, I know all these hype wouldn't last long while his tweet wouldn't have much influence on the price of bitcoin and the price will surely normalize quickly without the usual massive dumping.

[Freemind]

I believe sooner or later people would not be taking Elon Musk tweet very serious again, he purposely using his wealth to create FUDs in the market unfortunately a lot of traders and investors were liquidated as a result of his tweets, I know all these hype wouldn't last long while his tweet wouldn't have much influence on the price of bitcoin and the price will surely normalize quickly without the usual massive dumping.

Those who have not lost money listening to Elon Musk will continue to trust him, on the other hand, those who have not had so much luck with Doge, for example, will no longer listen to his words. It is sad that it is so, but sadly it is the only way that people learn, when they lose money, and unfortunately every day there will be more people affected.

[Traderbtcc]

No doubt the recent event has made us accept the fact that Elon musk has an influence on crypto, his tweets contributes to the price movements as well, I guess because of he is the richest man and also very popular, since he showed interest in crypto! A lot of crypto users has been following up his tweet because there believe with his worth he can really in influence the crypto market price.

[Prime]

It is because he is one of the richest people in the world, a very famous person, and he has many followers. So, people focus on what he tweets and also what he said. With this power, he can do anything and whatever he wants. However, I am sure that his power is also limited because many old members in crypto will not be influenced highly by him

[piqulhdt28]

indeed elon musk really influenced crypto price, it all started when elon bought some bitcoins and it made bitcoin price soar and it really affected almost all crypto, and now elon made a little negative twett about bitcoin it was very influential and made bitcoin price go down.

and now elon is fighting for doge, and that proves to make Doge soar.

[Freemind]

indeed elon musk really influenced crypto price, it all started when elon bought some bitcoins and it made bitcoin price soar and it really affected almost all crypto, and now elon made a little negative twett about bitcoin it was very influential and made bitcoin price go down.

and now elon is fighting for doge, and that proves to make Doge soar.

Elon made a little negative tweet???. Elon and Tesla have lied and laughed at people, especially everyone who blindly follows him. And every day it becomes clear that people have bought into Doge and made him more popular on the crypto scene and beyond for the influence and words of Elon Musk. Who does not see things as they are, must stop and think.

[piqulhdt28]

Elon made a little negative tweet???. Elon and Tesla have lied and laughed at people, especially everyone who blindly follows him. And every day it becomes clear that people have bought into Doge and made him more popular on the crypto scene and beyond for the influence and words of Elon Musk. Who does not see things as they are, must stop and think.

why am i talking about making only a few negative tweets, because it's not every day / time elon makes negative tweets about bitcoin and some crypto.

only at certain times and it really affects the price of bitcoin, here I am thinking what if elon talk negatively about bitcoin all the time on Twitter? I can't imagine it.

[Confero]

Elon musk has a big influence on cryptocurrency because he is a very rich person. Therefore every tweet on Twitter gets a lot of attention from the public, and it is actually dangerous if Elon musk exploits this power to manipulate the price of Crypto so that he can make a big profit.

[babu10]

Never believe a businessman where they can do anything for their business purpus and i think Elon mask also did that. Obviously he made calculation before tweet and also made preparation for benefit and after that he knock in right place. After his gain profit he again trying to down market by his different kinds of works or comments and i think he will again hit this market within few days.

[elbans89]

Never believe a businessman where they can do anything for their business purpus and i think Elon mask also did that. Obviously he made calculation before tweet and also made preparation for benefit and after that he knock in right place. After his gain profit he again trying to down market by his different kinds of works or comments and i think he will again hit this market within few days.

Yes, I think we should be ourselves.
Because many big investors will play their fud, and they will buy more when the market down.
We as trader or little Investor must be calm and have good strategy.
Elon musk tweet has effected the big dump of bitcoin.
Chinese government too, refused crypto currency at there.
I still believe the market will recovery again mate. Please wait.

[Paha87]

Never believe a businessman where they can do anything for their business purpus and i think Elon mask also did that. Obviously he made calculation before tweet and also made preparation for benefit and after that he knock in right place. After his gain profit he again trying to down market by his different kinds of works or comments and i think he will again hit this market within few days.

Yes, I think we should be ourselves.
Because many big investors will play their fud, and they will buy more when the market down.
We as trader or little Investor must be calm and have good strategy.
Elon musk tweet has effected the big dump of bitcoin.
Chinese government too, refused crypto currency at there.
I still believe the market will recovery again mate. Please wait.

That's right, you say. In this market, "not being able to wait is to lose in advance without starting the game", I have not seen such an effect on the opinion of a crowd of people by one person for a long time. And the most interesting and sacred thing is that Elon Musk "the man is not from the crypt" It will be interesting to see whether Vitalik Buterin's remark will affect the crypto community and how this influence will affect the currency that he will promote)