Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Master107 on June 09, 2021, 07:23:37 PM
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Sorry I could not provide some images as of writing.
Anyway, every time Elon tweet something related to crypto there's instant effect either the market will pump or dump.
Or maybe the followers just make it personal and overthink the next possible scenarios particularly in Elon's tweet about signs.
Is Elon the new person that can be consider as one of crypto driver or still he's nothing than just Dogecoin godfather?
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I think Elon wanted to play with cryptocurrencies using Tesla at first, Bitcoin was the excuse, but the game went wrong, then he realized that not everyone was following him and he also realized that we are not all idiots, because the statement they made saying they didn't know that Bitcoin consumes "so much" electricity is the same as calling us idiots. It seems like Elon is now more focused on Doge and he also seems to be talking less on Twitter. Personally, I do not see Elon Musk as a crypto genius or a guru, it seems to me that he is just a billionaire with too much money and free time who sadly every day looks more like John McAfee.
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This year it looks like Elon Musk is driving crypto prices. I completely don't believe what he said, only a lot of people panicked and worried that it would affect the price of crypto. I hope the market recovers soon
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I think Elon....sadly every day looks more like John McAfee.
I would very much agree with this statement. Elon Musk is the new John McAfee and it would be unfortunate if the time will come when a case can be filed against him, especially on manipulation. I actually admire Elon Musk as a great serial entrepreneur, and we know his track record. He is a savvy businessman who understands well how he can influence people, especially on social media, but it seems that he is taking it too much. Maybe he has that kind of freewheeling behavior because cryptocurrency is still largely unregulated unlike the forex, stocks, commodities and derivatives industries.
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Elon Musk very actively began to write about cryptocurrencies and especially about Dogecoin, of course he will not do this without some goal and most likely he invests a lot of money in cryptocurrencies and therefore he constantly advertises cryptocurrencies in his twitter so that other investors also would start investing into those cryptocurrencies that Elon Musk writes about.
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I have seen new epochs and changes in the cryptocurrency market. In today's cryptocurrency market most people just follow the activities of rich people. I think these are nonsense. The fundamental picture of a coin should be noticed as the market price rises. Such as whether special companies and individuals or authorities are giving any sign of development about the law. Again technical analysis has to be done. If you look at the fundamentals of the doge coin. Then you will see the picture of development.
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Elon Musk very actively began to write about cryptocurrencies and especially about Dogecoin, of course he will not do this without some goal.......
Something's clear now.....
- The Popularity...
- Tesla
- Money
- & Dogecoin
And maybe some personal motives
Crypto enthusiast should be strong, cautious, and vigilant.
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100% Elon is a crypto driver for cryptocurrency, but he probably does it for his own benefit or profit, all these drives worked initially, they gave a lightning effect when he just started writing about cryptocurrency, but this mechanic has already begun to subside, people are already beginning to disbelieve his tweets ...
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We believe or not, it is true that Elon Musk has an influence in the present crypto market. If we notice the Journey of Bitcoin price up to 64k, we will realize the influence of Elon Musk. When Elon Musk first tweeted with Bitcoin, its price went up fast. When he started buy bitcoin, the price increased so high and at last it over come 60k. Again bitcoin price started to go down because of Elon Musk when he rejected bitcoin to sell Car by Tesla. It is also true that only Elon musk is not responsible for present dump of the crypto market. There are some other reasons. But he has an influence for that.
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I think most people are just overreacting about the market downside, Elon's tweet is just a part of the much-complicated cryptocurrency volatility since the very beginning the records show that Bitcoin and other cryptocurrencies are easily affected by any crypto-related publicity with regards if its bad or good and Elon Musk is just part of it we cant deny that Elon Musk is very popular and very successfully businessman maybe thats the reason why other investors are consider Elon's tweet but I still believe thats not the big reason.
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He is not a crypto driver he is a crappy market manipulator. He is clearly manipulating the market. But i dont know why SEC is not taking any action against him. He is definitely making much ,money from future market trading. I dont know why people even see his tweets.
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He is not a crypto driver he is a crappy market manipulator. He is clearly manipulating the market. But i dont know why SEC is not taking any action against him. He is definitely making much ,money from future market trading. I dont know why people even see his tweets.
I don't know if the SEC could do anything against Elon Musk for his crypto tweets, I'm not sure the SEC can do anything for "just" a few tweets. Every day more people become aware of the manipulations, but he still has millions of followers who believe that by doing the same as Elon they could become as rich as him, I hope they open their eyes and find their own way.
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Is Elon the new person that can be consider as one of crypto driver or still he's nothing than just Dogecoin godfather?
Dogefather! Anonymous said on their video " You may think you're the smartest person in the roo. But now you have met your match ." That’s clearly proved that Elon is nothing but a regular user in this market. His blind followers made him dogefather and he's nothing without his blind followers in any industry whether it’s crypto or others. ;D Moreover, he'll leave this market just like John McAfee or other crypto drivers.