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Author Topic: Just Wondering: Why People Listen to Elon Musk?  (Read 9161 times)

Offline rizqillah

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #135 on: November 25, 2022, 07:30:06 AM »


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?

It's good question, why people listed to elon musk, because Elon musk is one of famous people that have big find as Tesla  CEO.
So, many people being influenced by Elon musk.
That's normal.

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #135 on: November 25, 2022, 07:30:06 AM »

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Offline Jaephoenix

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #136 on: November 25, 2022, 09:37:22 AM »
Well, this aged well. Mr. Musk has successfully pumped(and dumped) bitcoin, Dogecoin and some other shitcoin. That's how powerful he can be. And I hear he's building a native token for Twitter and/or integrating it into a dapp via Web3.0. Could all be speculations though

Offline Speaker

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #137 on: November 25, 2022, 10:10:16 AM »
I think he just competently knows how to manage market narratives and jumps on this wave in time, inflating it all with his person.He is just a catalyst, the movement in the market is clearly not because of him.
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Offline therozaq

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #138 on: November 26, 2022, 12:41:41 PM »
I think he just competently knows how to manage market narratives and jumps on this wave in time, inflating it all with his person.He is just a catalyst, the movement in the market is clearly not because of him.

You're right, He is just catalyst.
Crypto marketing is always depending on the basic factor.
Demand and supply.
Not depending on one people such Elon musk.
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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #139 on: November 28, 2022, 09:09:54 AM »
Yes, many people start jumping into the last car of the train, just when some event is heated up by an influential person from the crypto industry.As a rule, hamsters become food so that large participants can unload their bags.
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Offline de_prof

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #140 on: November 28, 2022, 08:08:52 PM »


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?

Because Elon musk is a famous person that have big fund.
Sure He is one of the richest people at the world.
So I think It's the reason why .
TBH I don't believe with him,better to have own analysis

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #141 on: November 29, 2022, 10:34:47 AM »
Of course, as the owner of a large portfolio of cryptocurrencies, it is in his interest to try to raise it up in all possible ways if possible.
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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #141 on: November 29, 2022, 10:34:47 AM »


Offline Dora Walletinvestor

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #142 on: November 29, 2022, 10:52:24 AM »
Being wealthy and well-known tends to put a person in a position of stronger influence. It has always been like this, the phenomenon just got a lot stronger as social media gained traction. Sometimes people like this have genuine authority in given topics, other times their expertise is questionable. So I'd say we should always be cautious and not just follow others blindly. In the case of Elon Musk, it is worth looking into his possible motives behind saying certain things, the power he has over people's decisions, and whether or not he is talking about a topic he is knowledgeable in. I personally take a lot of his declarations with a grain of salt.
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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #143 on: November 30, 2022, 09:36:33 AM »
There are just no less successful people who also have a large portfolio of cryptocurrencies and who are also interested in their growth...but they don't behave so defiantly.
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Offline elbans89

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #144 on: December 13, 2022, 06:52:26 PM »
Of course, as the owner of a large portfolio of cryptocurrencies, it is in his interest to try to raise it up in all possible ways if possible.

Yep, Elon musk is one of crypto investors, It's also a famous person.
I think people listen him, what he say will influence many people.
That's normal
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Offline Senocular

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #145 on: December 28, 2022, 07:58:43 AM »
Maybe because he invented and established Tesla, SpaceX, Twitter, NeuraLink, Open AI and maybe in future he’ll become the CEO of many more companies. Provided that he is the so called ‘business tycoon and mastermind’, that is why people tend to listen to him and his advice blindly.

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #146 on: December 28, 2022, 10:07:05 AM »
Maybe because he invented and established Tesla, SpaceX, Twitter, NeuraLink, Open AI and maybe in future he’ll become the CEO of many more companies. Provided that he is the so called ‘business tycoon and mastermind’, that is why people tend to listen to him and his advice blindly.
The key word here is to listen blindly.People tend to believe everything, just not to try to study something themselves and take responsibility for themselves.
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Offline Freemind

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Re: Just Wondering: Why People Listen to Elon Musk?
« Reply #147 on: May 12, 2023, 01:47:56 PM »
Maybe because he invented and established Tesla, SpaceX, Twitter, NeuraLink, Open AI and maybe in future he’ll become the CEO of many more companies. Provided that he is the so called ‘business tycoon and mastermind’, that is why people tend to listen to him and his advice blindly.

Elon Musk didn't invent or open Tesla, he bought it after a series of investments from its original founders, Marc Tarpenning and Martin Eberhard. Musk is also not the founder of Twitter and has not established it either, after the purchase he continues to lose money, in 6 weeks Twitter will have a new CEO. The problem is not that someone says or does things that make them look like the savior of humanity, the problem is that there are people who believe what a billionaire says.

A billionaire with diamond mines where he has been accused many times of using children as labor. That's a problem, people without the ability to think for themselves.
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