Why the euphoria when a public figure mentions Bitcoin

[Report]

I think there are 2 different sides for public figures to support Bitcoin :

• + I think the more people know about Bitcoin, the better the adoption for Bitcoin and its ecosystem
• -  If public figures manipulate prices or make statements about Bitcoin and this will become a Pump and Dump for Bitcoin prices

That means, we have to be smart in finding the right gap to enter to buy Bitcoin and look for the profit, don't make the mistake of entering to buy Bitcoin when there is Good News because usually after Good News there will definitely be Bad News.

[nakmantu99]

Rich people got so much influence and everyone wanted to become rich admire then, follow them and sometimes takes blind chances even if they don't have any idea what they're doing and that's the power of being rich.

It's subtle but looks exaggerated cause the crypto community is relatively smaller than conventional investments and this or bitcointalk is crypto forum so any news about crypto will be a topic for discussion.

I think you could express your excellent comment, so i am also agree with your comment. Because we know that when a renowned person will told his opinion, example in bitcoin or any other crypto then general people will accept his opinion. Because they believe that it will be best for our exists. We know that Donald Trump also express his opinion for bitcoin, then many people will trusted to bitcoin. In that's time people will invest huge amount in bitcoin. So i am also think that public figure mentions is a simple matter in the cryptocurrency world.

we know donal trump is a famous figure so whatever his opinion will affect many people, what we read last donal trump made a transaction with bitcoin, it has a positive impact on the crypto market and makes the price of bitcoin go up, that's my opinion. I don't read any other news that makes the price of bitcoin go up other than that.

[Promocodeudo]

most people want profit from digital currency where the price is very high even now it is viral in the world with that many people are interested in crypto. now the news of trump is viral on social media but I don't want to comment on all that and maybe everyone has their own reasons regarding manipulation, it's just that many people think that with this manipulation they can get profit every day but they don't think about the future of crypto. but I'm sure a professional investor must have a strategy and plan for the future, what they do must be ready to accept the risks that will come.

There is risk in every business that's why as an investor you shouldn't always concentrate on the profit and the benefit you will get alone, looking at the risk that may occur is also good because it will prepare you for the unforseen circumstances but we shouldn't be discouraged because of risk because there risk in everything, so not investing is also a risk because once people make profit where you didn't invest as an individual that's capable of investing in such thing, you will feel bad for being left behind,  yea people has to be very interested in digital investment for many reasons, lets use Bitcoin as a case study, Bitcoin has proven to be the must trusted and reliable digital currency both in value and other aspect of transaction and people are begining to see the importance of Bitcoin, some felt it will cease to exist but the way things are going is very surprising to them, so as it stands it keeps giving a good sign that the future is bright with bitcoiners, so the risk doesn't matter to people anymore because people that has been taking the risk has something to show for it, so why waiting further.

[debra]

we know donal trump is a famous figure so whatever his opinion will affect many people, what we read last donal trump made a transaction with bitcoin, it has a positive impact on the crypto market and makes the price of bitcoin go up, that's my opinion. I don't read any other news that makes the price of bitcoin go up other than that.

Trump is surely famous person, he is a successful business man and he as a president of US. When he said something positive about crypto, it must bring attention for any crypto lovers. Nowadays, he did his first transaction in Bitcoin, surely it makes people be happy with him. Bitcoin seems to rising up, and we have many good news around Bitcoin. I believe we will have a better crypto trend if Trump really can be the next president of US.

[satpol_PP]

we know donal trump is a famous figure so whatever his opinion will affect many people, what we read last donal trump made a transaction with bitcoin, it has a positive impact on the crypto market and makes the price of bitcoin go up, that's my opinion. I don't read any other news that makes the price of bitcoin go up other than that.

Trump is surely famous person, he is a successful business man and he as a president of US. When he said something positive about crypto, it must bring attention for any crypto lovers. Nowadays, he did his first transaction in Bitcoin, surely it makes people be happy with him. Bitcoin seems to rising up, and we have many good news around Bitcoin. I believe we will have a better crypto trend if Trump really can be the next president of US.

For now, Trump has given a breath of fresh air to crypto by transacting with bitcoin, but if Trump loses the US presidential election, what will happen? Because Kamala Harris doesn't seem to support crypto, will there be a bear correction in October. We have to be prepared for that. But stay calm because the bullish season will happen next year, so it's still a long time. I think the impact of the US presidential election if Trump loses will not have a negative impact on the bullish season next year.

[NotATether]

Trump is surely famous person,

That is true.

he is a successful business man

That is not true.

and he as a president of US

I'm going to give you the benefit of doubt here and assume you meant to type 'was'; of course he is no longer the sitting president.

When he said something positive about crypto, it must bring attention for any crypto lovers. Nowadays, he did his first transaction in Bitcoin, surely it makes people be happy with him. Bitcoin seems to rising up, and we have many good news around Bitcoin. I believe we will have a better crypto trend if Trump really can be the next president of US.

That part is obvious but the question is does he actually have a chance with all these polls putting him behind? I think not. (despite red states' best efforts to purge all the voters as we are getting closer to Election Day).

[dansus021]

Why the euphoria when a public figure mentions Bitcoin  Dont know frenn for me its simply public figure has a fans base or user base that already follow him before and then if they mention about cryptocurrency or bitcoin or anything their follower might noticing it and they might start to buy or do something similar.

well the negative side is market manipulation might happen because some public figure just get paid by project to do shill some of scam project people buy it and the owner rug and maybe the artist only say sorry guys 

[MUGNIA]

Rich people got so much influence and everyone wanted to become rich admire then, follow them and sometimes takes blind chances even if they don't have any idea what they're doing and that's the power of being rich.

It's subtle but looks exaggerated cause the crypto community is relatively smaller than conventional investments and this or bitcointalk is crypto forum so any news about crypto will be a topic for discussion.

I think you could express your excellent comment, so i am also agree with your comment. Because we know that when a renowned person will told his opinion, example in bitcoin or any other crypto then general people will accept his opinion. Because they believe that it will be best for our exists. We know that Donald Trump also express his opinion for bitcoin, then many people will trusted to bitcoin. In that's time people will invest huge amount in bitcoin. So i am also think that public figure mentions is a simple matter in the cryptocurrency world.

we know donal trump is a famous figure so whatever his opinion will affect many people, what we read last donal trump made a transaction with bitcoin, it has a positive impact on the crypto market and makes the price of bitcoin go up, that's my opinion. I don't read any other news that makes the price of bitcoin go up other than that.

It is true that with the transaction from Trump, the value of Bitcoin has remained stable and has started to rise this week without any decline. Hopefully there will always be an increase and no further decline. In my opinion, public figures can also increase the price of crypto, even with a little touch that has a positive impact on the crypto they are promoting.

[milewilda]

Rich people got so much influence and everyone wanted to become rich admire then, follow them and sometimes takes blind chances even if they don't have any idea what they're doing and that's the power of being rich.

It's subtle but looks exaggerated cause the crypto community is relatively smaller than conventional investments and this or bitcointalk is crypto forum so any news about crypto will be a topic for discussion.

I think you could express your excellent comment, so i am also agree with your comment. Because we know that when a renowned person will told his opinion, example in bitcoin or any other crypto then general people will accept his opinion. Because they believe that it will be best for our exists. We know that Donald Trump also express his opinion for bitcoin, then many people will trusted to bitcoin. In that's time people will invest huge amount in bitcoin. So i am also think that public figure mentions is a simple matter in the cryptocurrency world.

we know donal trump is a famous figure so whatever his opinion will affect many people, what we read last donal trump made a transaction with bitcoin, it has a positive impact on the crypto market and makes the price of bitcoin go up, that's my opinion. I don't read any other news that makes the price of bitcoin go up other than that.

It is true that with the transaction from Trump, the value of Bitcoin has remained stable and has started to rise this week without any decline. Hopefully there will always be an increase and no further decline. In my opinion, public figures can also increase the price of crypto, even with a little touch that has a positive impact on the crypto they are promoting.

How about with that "Gm" tweet of CZ? Tons of people been saying that he's back. Pretty sure that the entire crypto space is really that assuming that this might be start of the bullish run
of the entire market. Somehow whenever we do see some pumps then do expect that there would really be that corresponding correction on which this is really that something
always been part of this market. This is why whenever you do see the opportunity for you to have such securing profits if you do have the opportunity. It all matters on how
you do make yourself making wise decisions. Sentiments and other fundaments specially attached into known public figure could really be that likely making out some effect.

[36B]

Rich people got so much influence and everyone wanted to become rich admire then, follow them and sometimes takes blind chances even if they don't have any idea what they're doing and that's the power of being rich.

It's subtle but looks exaggerated cause the crypto community is relatively smaller than conventional investments and this or bitcointalk is crypto forum so any news about crypto will be a topic for discussion.

I think you could express your excellent comment, so i am also agree with your comment. Because we know that when a renowned person will told his opinion, example in bitcoin or any other crypto then general people will accept his opinion. Because they believe that it will be best for our exists. We know that Donald Trump also express his opinion for bitcoin, then many people will trusted to bitcoin. In that's time people will invest huge amount in bitcoin. So i am also think that public figure mentions is a simple matter in the cryptocurrency world.

we know donal trump is a famous figure so whatever his opinion will affect many people, what we read last donal trump made a transaction with bitcoin, it has a positive impact on the crypto market and makes the price of bitcoin go up, that's my opinion. I don't read any other news that makes the price of bitcoin go up other than that.

It is true that with the transaction from Trump, the value of Bitcoin has remained stable and has started to rise this week without any decline. Hopefully there will always be an increase and no further decline. In my opinion, public figures can also increase the price of crypto, even with a little touch that has a positive impact on the crypto they are promoting.

It is often valuable to understand the processes that take place in the crypto space, so we can get an idea of how the top influencers can act. That is why, stable movements and increases that take place in the given sphere are an optimal signal to further monitor the development of analogous processes with encouragement. But it must be prepared for possible changes while at the same time maintaining this positive trend in practical activities. There is always room to learn and improve how those strategies employed by us are sustained and how they can be made to fit with other desired goals.

[bitterguy28]

How about with that "Gm" tweet of CZ? Tons of people been saying that he's back. Pretty sure that the entire crypto space is really that assuming that this might be start of the bullish run
of the entire market.

that has been impactful but not starting the bull run kind of impactful i didn’t really view it as anything other than it is it was just a simply welcome back post if you will and i personally do not think it preceded anything when it comes to the crypto market maybe to binance’s native token but for the rest? no

It all matters on how
you do make yourself making wise decisions. Sentiments and other fundaments specially attached into known public figure could really be that likely making out some effect.

i can see how it can make such an impression especially if the popular character is someone with actual credibility and experience that makes his opinion or statement actually valid and thus shall be taken into consideration

[Blaze]

How about with that "Gm" tweet of CZ? Tons of people been saying that he's back. Pretty sure that the entire crypto space is really that assuming that this might be start of the bullish run
of the entire market.

that has been impactful but not starting the bull run kind of impactful i didn’t really view it as anything other than it is it was just a simply welcome back post if you will and i personally do not think it preceded anything when it comes to the crypto market maybe to binance’s native token but for the rest? no

It all matters on how
you do make yourself making wise decisions. Sentiments and other fundaments specially attached into known public figure could really be that likely making out some effect.

i can see how it can make such an impression especially if the popular character is someone with actual credibility and experience that makes his opinion or statement actually valid and thus shall be taken into consideration

In certain cases, what we may not see is how the event can contribute to a bull run even if only contributing a little bit to it, provided that the event is linked to a highly credible personality. Opinion of a person with practical experience is definitely valuable since it affects other people’s attitude to a given market or asset.

[Celph]

Why does the crypto community seem so pliable and immediately start glorifying public figures, only if he mentions Bitcoin or cryptocurrencies?
One of the most respected examples, Elon Musk, gave public support to Dogecoin, and the final impression was that he only manipulated, made additional income and possibly promoted his brands.
We have had a slight euphoria about Trump for some time now. I don't want to go into how much weight his words have, but it is remarkable how much the crypto community interprets everything he says, and various discussions about what he will do regarding crypto in the future. Meme coins with his image and name are being created, I even saw signatures in support of Trump on the Bitcointalk forum. I will not even talk about spam on social networks.
Isn't that quite an exaggeration?
Why is the crypto community so susceptible to manipulation?

Nah,i doubt if it's actually an exaggeration stating the fact that unlike other non-digital currencies,cryptocurrencies arr usually being affected positively by individuals and investors.Take for example the recent news of trump purchasing burgers with bitcoin,it caused and showed a wide acceptance of bitcoin and cryptocurrencies also icreasing the adoption of bitcoin by investors.

[Bobcrypto]

Why does the crypto community seem so pliable and immediately start glorifying public figures, only if he mentions Bitcoin or cryptocurrencies?
One of the most respected examples, Elon Musk, gave public support to Dogecoin, and the final impression was that he only manipulated, made additional income and possibly promoted his brands.
We have had a slight euphoria about Trump for some time now. I don't want to go into how much weight his words have, but it is remarkable how much the crypto community interprets everything he says, and various discussions about what he will do regarding crypto in the future. Meme coins with his image and name are being created, I even saw signatures in support of Trump on the Bitcointalk forum. I will not even talk about spam on social networks.
Isn't that quite an exaggeration?
Why is the crypto community so susceptible to manipulation?

The reason why many crypto enthusiast goes euphoria about some notable figure on the crypto space, like Elon  musk is because a lot of them, especially on social networks want to be wealthy. Elon musk is a billionaire and so many people want to identity with such person, probability, because they may also be like him.
As you may know, there are people who also want to identity with the wealthy people in the society, and at such situations, they fill that once they get closer with the rich, they may get some form of help that will also make them rich.
I think the world is a funny place, it very obvious that some people even want to be followers of the rich people for a name sake.

[MUGNIA]

I think there are 2 different sides for public figures to support Bitcoin :

• + I think the more people know about Bitcoin, the better the adoption for Bitcoin and its ecosystem
• -  If public figures manipulate prices or make statements about Bitcoin and this will become a Pump and Dump for Bitcoin prices

That means, we have to be smart in finding the right gap to enter to buy Bitcoin and look for the profit, don't make the mistake of entering to buy Bitcoin when there is Good News because usually after Good News there will definitely be Bad News.

when there is bad news, it is the right time to buy BTC, and sell when there is good news, but sometimes people do the opposite when BTC is FOMO, many people buy, then they hope to make a profit but in reality they enter the bad news area after buying, so it takes a long time to make a profit.