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Author Topic: Elon musk and Bitcoin and Cryptocurrency  (Read 2563 times)

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Elon musk and Bitcoin and Cryptocurrency
« on: June 18, 2021, 08:40:11 AM »
One thing I notice very well is that there is an Elon Musk hand on the back of every coin in the cryptocurrency.  That's because if Elon Musk tweeted about pumping a coin, it would go to the moon at rocket speeds.  And again, these would mean that you have to spend for these processes.  So I wonder why Elon Musk has anything in common with the cryptocurrency he created, if not with his words.
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Elon musk and Bitcoin and Cryptocurrency
« on: June 18, 2021, 08:40:11 AM »

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #1 on: June 19, 2021, 04:17:51 AM »
But now the price of all cryptocurrency coins, including Bitcoin, is falling again.I don't understand where the cryptocurrency market is heading.However, people now believe in Elon Musk.People think that taking Elon Musk away increases the value of the coins that follow his word.But that's not what happened. Elon Musk supported Bitcoin again after abandoning Bitcoin, but the second time the price of his supported Bitcoin increased, but not the second time.Gradually people will stop believing in him.

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #2 on: June 19, 2021, 05:32:26 AM »
Of course I think the cryptocurrency market depends on Elon Musk. Elon Musk The price of this coin has gone up a lot since he tweeted about the doge coin on his Twitter page a few days ago. The price of Bitcoin is getting higher when he is saying something positive about Bitcoin and the price is going down whenever he is saying something negative. That's why I think the cryptocurrency market depends a lot on Elon Musk.
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Offline Chita76

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #3 on: June 19, 2021, 08:53:16 AM »
Elon Musk is a senior investor in cryptocurrency.  Because he has invested the most in cryptocurrency which is why his reputation is the most in cryptocurrency.  However, the price of all coins is rising due to Elon Musk's investors.
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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #4 on: June 19, 2021, 10:09:45 AM »
Elon Musk began actively advertise various cryptocurrencies on his Twitter profile, and most likely this is due to the fact that Elon Musk also began very actively invest in those cryptocurrencies that he advertises on his Twitter profile, and this is very good for the cryptocurrency sphere as the richest person on the planet believes that cryptocurrencies are the future.
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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #5 on: June 19, 2021, 02:18:22 PM »
Why turn on Bitcoin like that though? That still doesn't make much sense to me. :(

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #6 on: June 19, 2021, 02:33:34 PM »
Elon Musk is deeply involved in the cryptocurrency market, no matter what.  Yet many of us believe that the price of many coins, including Bitcoin, depends a lot on Elon Musk.  When he made a great comment about Bitcoin at the beginning of 2021, I saw that the price of Bitcoin was rising very fast and then when he decided to move away from Bitcoin, the price of Bitcoin started falling very fast again.  But now that Elon Musk is backing Bitcoin again, the price of Bitcoin is not rising much, so it seems that everyone is slowly moving away from Elon Musk.

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #6 on: June 19, 2021, 02:33:34 PM »


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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #7 on: June 19, 2021, 03:02:06 PM »
Elon Musk is the most media and influential person in the field of investment and finance, so you can not do without his participation in the crypto market , but still I think he has nothing to do with the creation of cryptocurrencies, he has other priorities.
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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #8 on: June 20, 2021, 02:53:04 PM »
One thing I notice very well is that there is an Elon Musk hand on the back of every coin in the cryptocurrency.  That's because if Elon Musk tweeted about pumping a coin, it would go to the moon at rocket speeds.  And again, these would mean that you have to spend for these processes.  So I wonder why Elon Musk has anything in common with the cryptocurrency he created, if not with his words.
I myself am confused that many people believe too much in what is tweeted, because as an entrepreneur and has a lot of followers, he tries to do news hoping there will be a reaction from what he does. coincidentally it happened and of course this is something that is not good if you always put forward issues like this. because there is a specific purpose behind what they do, namely seeking personal and company benefits.

if this continues to happen, it will clearly make crypto developments clearly not good in the future because uneducated interventions can always be carried out that make crypto out of control. It's worrying that many can't analyze it well, fortunately there are still many who aren't tempted by the tweets they do.
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Offline Dark Knight

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #9 on: June 21, 2021, 05:28:38 AM »
Elon Musk is a very large investor in cryptocurrency and an influential rich man.We have already observed that the cryptocurrency market relies heavily on it at the present time.We've also seen that if Elon Musk comments on a coin, that coin goes up a lot.Elon Musk had previously posted about Bitcoin which resulted in a huge increase in the price of Bitcoin.

Offline RSRS

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #10 on: June 28, 2021, 09:47:11 AM »
Elon Musk's role in cryptocurrency is much greater.Otherwise, if he tweets negatively about any coin or token, the price will go up rapidly.On the other hand, if he makes a negative comment, the value of the coin or token decreases very fast.From this it is understood What is the role of Elon Musk in Cryptocurrency.
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Offline Dora Walletinvestor

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #11 on: June 28, 2021, 10:21:45 AM »
The dangerous thing is that he could dump a coin as well as he wanted to (and has done in fact in the past).
To be honest, I don't really know what his intentions are with meddling with the crypto world. He probably sees the potential and the benefits that cryptos could bring, but like most of us, he can't be totally sure about what role they will play in the economy in the future.
Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #12 on: June 28, 2021, 11:50:03 AM »
He is an entrepreneur and a millionaire, I can say that because he has a lot of ideas from projects that he has developed with his team.
When he tweets Bitcoin, the price will go up, that often happens and when Tesla doesn't accept Bitcoin payments, then the price goes down and that's what happens, FUD can cause an investor to panic, therefore we must have a lot of knowledge before investing

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #13 on: June 28, 2021, 11:54:38 AM »
Ellen Musk is a very large trader and a senior investor in cryptocurrency. Because he has invested a lot of money in cryptocurrency. That is why his reputation in cryptocurrency is the highest. However for Ellen Musk the prices of different currencies fluctuated at different times. Bitcoin pumps have started for him now.

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Re: Elon musk and Bitcoin and Cryptocurrency
« Reply #14 on: June 28, 2021, 12:10:24 PM »
Ellen Musk is a very large trader and a senior investor in cryptocurrency. Because he has invested a lot of money in cryptocurrency. That is why his reputation in cryptocurrency is the highest. However for Ellen Musk the prices of different currencies fluctuated at different times. Bitcoin pumps have started for him now.

Right now, Elon Musk's reputation within the crypto ecosystem isn't through the roof, it's on the ground, and that is something that he has managed to earn only with his lies and his manipulations. Anyone who views Elon Musk as a role model to become a millionaire is in deep trouble. Thinking for ourselves and making our own decisions makes us smarter.
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