Elon musk and Bitcoin and Cryptocurrency

[bmw1]

Elon Musk took to Twitter one again to poke fun at Bitcoin and its supporters. The Tesla CEO has gone from one of the biggest supporters of the popular cryptocurrency to having a critical opinion on it. This has, in turn, led to wild swings in Bitcoin's value the dismay of investors.
In a recent tweet, Musk joked about Bitcoin "maxis", or maximalists, who support the cryptocurrency above all other digital coins.

[Freemind]

Elon Musk took to Twitter one again to poke fun at Bitcoin and its supporters. The Tesla CEO has gone from one of the biggest supporters of the popular cryptocurrency to having a critical opinion on it. This has, in turn, led to wild swings in Bitcoin's value the dismay of investors.
In a recent tweet, Musk joked about Bitcoin "maxis", or maximalists, who support the cryptocurrency above all other digital coins.

In addition to being a liar and manipulator, with his latest tweets Elon Musk is proving himself a hypocrite. I don't see him talking about the global power consumption of banks, or how much the Tesla factories pollute around the world, he doesn't know (or doesn't want to know) the power consumption of all PS4 units sold. Elon Musk looks more like a meme every day, a meme that is not funny.

[mlawson71]

He did deliberately seek to make himself a meme, I am just not sure why exactly he did that.

[lepbagong]

He did deliberately seek to make himself a meme, I am just not sure why exactly he did that.

maybe he enjoys the role he has been playing and can intervene to trick people into believing what is said, even though he is doing things that are unsympathetic and seeking personal gain.

this kind of person creates memes of himself which instead make people laugh but laugh with unsympathetic behavior. and it will continue to be done if there are still many who will listen to what is being said.

[Stuart]

The price of the entire market is down not caused by anyone, neither does the price of bitcoin respect its users or holders. The price of bitcoin is current at the point at which it faces the correction of its all time highs, and letter on, it shoots to the new highs.  All old time crypto users are aware of this situation and must have been expecting this correction. The only thing we don't really know or can keep account for is how long this will stay before another bull run. For those with good capital, now is the time for a good bag filling, for those with no high capital, we just patiently wait for the re-bounce of the market.

[Bobcrypto]

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.

Firstly, Elon Musk hands is not all crypto, but on Bitcion and Dogecoin, even as he dub himself the "Dogefather". There are few reasons to either like or dislike the Elon Musk crypto promotions. Though there are certain ups and downs in his crypto approach especially his tweets, however Elon Musk has been a great supporter of Bitcion and the entire crypto economy.

[UNIVERSE]

on the back of every coin in the cryptocurrency.

Are you sure?
Yeah, I also acknowledge that his role in cryptocurrency is very big, he is a top influencer, has many followers, and also he is a popular rich man in the world. What he said really always brings new surprising things to the crypto world. However, he is not the man back in all cryptocurrencies. WHat makes the price down is not only because of him but also how bad news spreading in China

[Papusha20]

Doggy coins are one of the most important cryptocurrencies in the world.  Because he has invested the most in doggy coins although cryptocurrency bitcoin has some of its influence.  Because he invested less in Bitcoin.  So cryptocurrency has the role of Elon Musk in two ways.

[zilzylian]

Elon is a crypto investor and he has many companies with great business partners, when he tweets then some of his colleagues see the tweet and they will make a lot of opinions about what they should do to profit from the tweet.
Elon Musk and cryptocurrencies are always a topic of conversation because his tweets and the price of the coins he tweets will rise slowly, this naturally, as he doesn't invite anyone to invest in crypto.

[Afony]

Elon Musk understands that this technology is the future and invests in its development, the further development of bitcoin will depend only on the interests of investors. The growth of bitcoin in the future is inevitable and its price will amaze everyone.

[lepbagong]

Elon Musk understands that this technology is the future and invests in its development, the further development of bitcoin will depend only on the interests of investors. The growth of bitcoin in the future is inevitable and its price will amaze everyone.

not just understanding but good at maneuvering to use what they have to manipulate the bitcoin price in a way that can be done. relying on its Tesla company which also wants to be able to benefit from subsidies. with the strength of the followers he has he plays so that what he wants can be achieved. it seems that many are affected by what is being done, it can be seen some time ago bitcoin experienced a correction.

but it has been known by many people and has begun to understand what is being done, fortunately not all can be tricked in his way. we just have to wait for another good news not from someone like him, so that bitcoin can increase again.

Totally agree that bitcoin will not continue to fall, in time it will increase. for the next few years it is certain that the price will make people regret if they do not invest in bitcoin from now on.

[Freemind]

Elon Musk understands that this technology is the future and invests in its development, the further development of bitcoin will depend only on the interests of investors. The growth of bitcoin in the future is inevitable and its price will amaze everyone.

It's funny, because I think Elon Musk understands that with cryptocurrencies he can make a lot of money. I am not saying that Elon is not interested in blockchain technology, what I am saying is that he really likes to play puppeteer. Elon organizes an army with his influence to do whatever he wants, is something that no one can doubt.

[mlawson71]

Elon Musk makes money whenever the price moves, regardless of whether it's up or down, as long as he knows the direction, and he also knows he can set the direction with a single tweet.

[debra]

Elon Musk only likes whathe likes and what he want to make it rising. But, he seems don't like Bitcoin so far. His statement always relate to how Bitcoin negativity ifor the world.

[Freemind]

Elon Musk only likes whathe likes and what he want to make it rising. But, he seems don't like Bitcoin so far. His statement always relate to how Bitcoin negativity ifor the world.

Now that everyone knows the Elon Musk way of acting, it doesn't really matter what he says. We know that Elon lies and manipulates by treating people like idiots and that, sooner or later, it can be harmful to him. Now, in addition to Doge, he must worry about how little credibility he has.