Just Wondering: Why People Listen to Elon Musk?

[Debasco]

This is somehow, is just that you are asking why people are listening to their president, because is a successful person, people will love to hear from him so as to know or learn pattern or ways in achieving one thing or the other

[Jaguar]

I think these days the normal ways to join the bull parties is to follow the whales in their social media account. Through this they can have an access to know what the Whale planning to do or the possible meaning of his tweet. Signal is important for those who are aware about crypto plan to pump. Elon is whale so not surprising why people will follow him.

[Malam90]

Elon Musk is not only a person here, he is investing his organizations' assets in Bitcoin, Dogecoin. When a big name like Elon Musk promotes cryptocurrency and invest as an institutional investor with huge amount of funds, it generally puts huge positive impacts on the markets. Investors get confidence and market also moves towards the uptrend.

[dekafee79]

Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.

What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).

Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?

If you asked why people listen to Elon musk, because He is famous people and rich . It is normal, If the famous tweet follower will listen . We all see dogecoin  , after Elon musk tweet, dogecoin pumped

[Nakul Patil]

A man with a vision like Elon musk is something worth listening too

[Gohn Gordon]

I think that people listen to Elon Musk because this person has natural charisma. He knows how to present his things to people. He is talented and has many ideas for improving his daily life. And on top of that, he also has money thanks to which he embodies unthinkable ideas.

[bitbit97]

I think that people listen to Elon Musk because this person has natural charisma. He knows how to present his things to people. He is talented and has many ideas for improving his daily life. And on top of that, he also has money thanks to which he embodies unthinkable ideas.

But I think that people listen to him (I'm speaking about current period/right now) because he is extremely rich. They think that if they do what Elon Musk do, they will also get rich. So far this strategy works. But on the other hand he can easily manipulate people

[Freemind]

@bitbit97 of course he manipulates people. How many people have sold their coins after Elon Musk started talking on Twitter?. I'm sure a lot of people sold, but I also know that a lot of people bought thinking that the pump was going to be infinite. I wonder what those people think now after seeing their losses. And I don't think this is the last time Elon does something like that.

[LeVi]

I said this a little whiles back. It really wouldn't surprise me at this point, as I'm very surprised after being one of the founders of paypal he has never publicly mentioned being involved in and of the "recent" developments of cryptocurrency. It seems as progressive as he is i would like to think he is fully aware how crypto is going to be the future. Maybe not bitcoin exactly but it most certainly is going to take over traditional means at some point

[ice18]

Elon one of the best manipulator of all time in social media, look at doge he started shilling it on twitter last year and now the price improved really high after Doge he announced BTC saying good things about crypto after he buys a lot and his company everytime he talk about btc in social media its created new ATH in BTC personally I dont think I can trust his tweets in social media sometimes it only creates doubts to investors.

[flyaccount]

In my opinion, this is because Elon Musk has the courage to take enormous risks by buying large amounts of Bitcoin. So surely this will amaze many people and ask what is wrong with this Elon Musk. So that in the end many are finding out.

[ropyu1978]

In my opinion, this is because Elon Musk has the courage to take enormous risks by buying large amounts of Bitcoin. So surely this will amaze many people and ask what is wrong with this Elon Musk. So that in the end many are finding out.

I think Elon Musk wanna get much profit with this situation where make panic moment for trader and investor, he has much money and can make anything news with bitcoin and altcoin price, when bitcoin have higher price we will give announcement with good news bought bitcoin but do you trust he buy bitcoin? I think this the way for him to sell bitcoin and check his tweet today look make many investor panic for selling, just think he has buy bitcoin.

[Freemind]

When one day Elon Musk says something about Bitcoin on his Twitter again, many people and also corporations will buy without thinking for fear of the FOMO, and it will be at that precise moment when Tesla puts their Bitcoins on sale, and I assure you that they will do so at a price much higher than the price they bought. This is the game of knowing that millions of people and companies listen to you, and Elon Musk knows it perfectly.

[ropyu1978]

When one day Elon Musk says something about Bitcoin on his Twitter again, many people and also corporations will buy without thinking for fear of the FOMO, and it will be at that precise moment when Tesla puts their Bitcoins on sale, and I assure you that they will do so at a price much higher than the price they bought. This is the game of knowing that millions of people and companies listen to you, and Elon Musk knows it perfectly.

Many investor think Elon Musk is god in bitcoin and altcoin because almost his tweet make many people wanna hurry to buy without think he is really buy bitcoin or not, I think Elon Musk exactly when tweet to buy bitcoin just he want to sell his bitcoin assets so try to make many people panic buying and he got chance to sell bitcoin with higher price.

[Freemind]

@ropyu1978 this is how Elon Musk works, that's my opinion. But he does not do it only with Bitcoin, he has also tried to control the total supply of Doge, but the play has gone wrong when he realizes that there are several whales that are not willing to sell. He's rich and charismatic, but at his age (he is not a boy) he must know that not everyone is going to dance to the song he plays.