Testing Bitcoin: The Elon Power

[Paglamon]

Using Bitcoin through various transactions in today's world is an idea of ​​technological advancement. Elon Musk, CEO of the famous company Tesla, when his company approved the use of Bitcoin for car purchases. Again now cryptocurrency has spread in the market that his company prohibits the use of bitcoin for buying cars or making transactions. After hearing such news, various investors are removing the scope of investment from Bitcoin. I think every user here is much more optimistic. So recently, it is seen that the famous company Tesla is thinking of supporting another coin.

[Dark Knight]

Looking at the cryptocurrency market, one can understand how much the market has collapsed.I truly believe that the price of Bitcoin that Elon Musk did not support Bitcoin has now dropped so much.Elon Musk is a large-scale investor.If Elon Musk invests in a coin, it will go to the moon.We have already received proof of that.But now he and his car company Tesla are not supporting Bitcoin for which the price of other coins including Bitcoin is going down.

[Tanimariya]

At present it is difficult to imagine the cryptocurrency market. Because the market situation is much worse. Because I invested on different coins the price of all coins including bitcoin is going down. The amount of total assets in the market has decreased. It is difficult to predict what the market will be like. At the moment, Elon Musk is making various comments on his tweet. Which is not good news at all for the cryptocurrency market. It is impossible to understand how the market will change. However, most experts believe that the price of other coins, including Bitcoin, will be much lower.

[AlviNess]

Tesla Elon Musk is currently a sponsor. Because when he supports the coin, the value of the coin increases.Again, when he does not support any coin, the value of that coin decreases a lot.As we can see from the current market for Bitcoin. Because of one of his tweets, the Bitcoin market has collapsed. Many people are saying that Bitcoin is controlled by Tesla power.

[sacrotic]

This is market and everything could happen without permission and Elon Musk only giving statement, the effect is only dump not crush. We should see it as opportunity buy back and release bitcoin become another coin such as eth, cardano, polkadot. I believe bitcoin is finish but not with other coin they keep continue their project bigger than before. Most people don't like dump but if never happen how we can buy?

[lepbagong]

Tesla Elon Musk is currently a sponsor. Because when he supports the coin, the value of the coin increases.Again, when he does not support any coin, the value of that coin decreases a lot.As we can see from the current market for Bitcoin. Because of one of his tweets, the Bitcoin market has collapsed. Many people are saying that Bitcoin is controlled by Tesla power.

actually a lot of people who idolize @elonmusk and what is said is the truth, so many investors and companies do everything @elonmusk says, so obviously there is a deep correction for bitcoin in the end. should all investors and companies ignore what @elonmusk has to say, will not be as turbulent as it is today

as a genuine businessman, what is said is clearly a content of something that will clearly benefit him and the company used as a means of transaction. there is no pure businessman if he does not aim to benefit himself. We don't know what will happen after the correction, but obviously @elonmusk wants something at a low price and we'll be waiting for further news.

[Mayajal]

A few days ago I saw a Tweet @Elon Musk.  He argues that a post or tweet about coins is the price of a coin.  Because he is a big investor.  There are many more big investors like him and their cryptocurrency occupies a huge place in it.

[IyemRoker]

It looks like Elon Musk got what he wanted by creating a tweet that had a huge impact on the market.
Elon Musk bought DOGE at a bargain price and he tweeted about DOGE so it happened DOGE Pump. This is old trick in cryptocurrency space.
At this time he was enjoying what he wanted because he was selling DOGE at a high price and for sure he was skearnag was relaxing with the enormous fortune he made from selling DOGE.

[tervel]

The Bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by institutional investors. Over the past month, bitcoin futures markets experienced their steepest and more sustained fall. Of course there must be investors of different ranks.

[lepbagong]

The Bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by institutional investors. Over the past month, bitcoin futures markets experienced their steepest and more sustained fall. Of course there must be investors of different ranks.

bitcoin deteriorating is actually a normal thing and will return to normal, but at this time it is very different from usual because bitcoin has experienced a deep correction and this is only because of the influence of a businessman who is clearly and will definitely seek profit from what will happen. surprisingly, many old investors who have been around are also affected by this.

everything must be cut in the chain of things like this and should not be repeated because it is clearly detrimental to those who want to carry out their new projects and not yet the projects that are already running are also affected. Obviously this will have an impact on the bounty, where there may be frequent delays in payments due to waiting for the price to at least not lose from the sales price.

[Freemind]

The Bitcoin flow picture continues to deteriorate and is pointing to continued retrenchment by institutional investors. Over the past month, bitcoin futures markets experienced their steepest and more sustained fall. Of course there must be investors of different ranks.

I do not think that the current situation will last long, during the last 4 days there are many people accumulating cryptocurrencies, what they have achieved with those tweets is that many more people and institutional investors have a much cheaper entry point to the market, so the bounce can be much higher when the time comes.

[gurunanakji777]

The statement of Elon that Tesla will not be accepting BTC as payment for their cars certainly pushes the price down. BTC market takes this news as negative news. Now he is saying he is supporting bitcoin but he seems more focused on Dogecoin. We don't need such supporters for the BTC in the future so that such people can not damage the market again by their statements. I believe small investors are much better for the market so that market can not be manipulated easily by one-two players.

[Freemind]

The statement of Elon that Tesla will not be accepting BTC as payment for their cars certainly pushes the price down. BTC market takes this news as negative news. Now he is saying he is supporting bitcoin but he seems more focused on Dogecoin. We don't need such supporters for the BTC in the future so that such people can not damage the market again by their statements. I believe small investors are much better for the market so that market can not be manipulated easily by one-two players.

Elon Musk and Tesla's intention from the beginning was Doge, they simply used the Bitcoin name to attract the crypto community and then make a fool of themselves. Now I don't think it will take them long to make an official statement saying that Tesla accepts Doge as a payment method. They have used the community to achieve their purposes, that is called manipulation.

[mlawson71]

I suspect that was the case too. And I wonder how long before they move onto the dump portion of that dump scheme.

[Jaguar]

A few days ago I saw a Tweet @Elon Musk.  He argues that a post or tweet about coins is the price of a coin.  Because he is a big investor.  There are many more big investors like him and their cryptocurrency occupies a huge place in it.

They also have rights to do whatsoever they think beneficial for them. Elon and other big investors can influence the followers through their tweet or post particularly about crypto. People tend that it is all about crypto. Whales will eat paper hands in the time of bearish.