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I think these charts are not accurate at all..... The Elon Musk tweet about the "Bitcoin using too much energy" was followed by a Whale Dump to sabotage a fellow Whale.... and it basically triggered a downward spiral to $30k+.... it was not his tweet that caused that. 

The thing is.... A single tweet or event is not necessarily the primary cause for a Spike or a Drop in the price... other things might have a bigger impact and people only find out about it later.... or they might never know about it. 

What are the red lines representing in the graphs. This is an interesting study on their influence and it seems that overtime people are slowly learning and their influence isn't going to be detrimental to the price movements overtime as it continues.

That's right, in this show, the actors are very sober. People's goal is to unknowingly get the chips in the audience's pockets in this show. This show is how capitalists snatch chips from retail investors. .
     
       Don't talk about the environment, his lines are so wretched.
        I can only say that his acting skills are average, but he is a box office champion.

The reason is very simple, peeps are following him in craziest way possible so that they can earn some profits when Elon say something about the market!

The market is not being moved by the Elon Musk, market is getting moved because peeps are getting influenced by Musk's thoughts and they convert this thought into a big picture where they think Musk is leader of DOGE or BTC in the future and thus they don't wanna miss out the train today. This is the actual starting point where money starts to play it's role and drive the market upwards.

Elon is literally doing nothing here!

People are also very excited about his tweet, that mission 2022 will be payed out in the DOGE payment, and believe me numerous peeps are in the hope that this is true and they will earn big chunks of it!

They may have an effect to the market but I wouldn't say their influence is very evident. There are factors which definitely override their statements on social media, to the effect that if the price is really falling down no amount of tweet coming from Saylor and Musk could stop it. In the same manner that if the price is rising, both of their tweets couldn't pull it down.

Saylor was trying hard to be influential, trying to revive Bitcoin's bull, when the price started falling from its latest ATH. He was proclaiming his strong belief in Bitcoin despite the price correction, even making purchases to prove this. He bought when Bitcoin fell from $60,000, another one when the price fell from $50,000, and another when it still continued to fell from $40,000. In other words, he was buying the f*cking dip, and yet the price continued to dip further.

In the same manner that Elon never criticized Doge. He drops a subtle reference to the meme coin every now and then. However, was he able to keep Doge afloat? Not really. Elon wasn't able to stop Doge from falling to just barely 500 Sats right now, down from more than 1,100 Sats around a couple of months ago.

Not impossible, but I'd say quite farfetched. It's more of him just LARPing on social media as to not get the backlash of him running an EV company that's supposed to have a positive impact on the environment, and at the same time accept payments with an asset that uses a good amount of energy. It's all a show.

It's amazing and equally annoying to know that these guys have an insane effect on the market that is very evident no matter how you look at it. Add to that the number of their blind followers willing to do as they say in exchange of the hopes that they will make bank on what these figures say online. Most of those who follow them are there to just make bank and nothing else. They treat these personalities' tweets as a god-given signal that shouldn't be ignored, otherwise they will miss an opportunity to get some money on their pockets or whatever.

Musk isn't really for the environment when he said that he'd reconsider Tesla payments if he gets the data about miners going green. It's just another day in the office to manipulate the market in his own silly ways.

https://www.youtube.com/watch?v=qMl9RsptX-8

Elon Musk at NBC - SNL - DOGECOIN to the MOON May 8 2021

Where does doge's massive crash after Elon Musk's "dogecoin, to the moon!!" appearance on SNL factor in.

Its very strange to me that Elon Musk's tweets could affect markets at all. Musk not being an investor or someone with significant investments in stock, bonds or tradeable assets.

Why would markets, hedge funds or traders care what Elon Musk thinks about bitcoin, dogecoin or anything for that matter. If Elon Musk's tweets affected tesla stock, that might make sense. Aside from tesla buying more than $1 billion in BTC I don't know that there's any real correlation.

I think you mean Musk

After he manipulated the whole market, making Bitcoin to fall from all-time-high to as low as $45000. Also, Elon Musk should know that Bitcoin does not depend on anyone, rather than manipulating the while market.

Elon Musk just look for excuses, why complaining of energy intensive if miners can pay for the electricity bill? I will say miners are even helping the electricity sector, provided if they are paying electricity bill. What Elon Musk mainly focus on was the generation of green house gases that can result to global warming as a result of electricity usage of bitcoin mining, but yet while tweeting about working with doge developer at the time, and also not long we saw about the creation of Eloncoin. That negative tweet was to manipulate around crypto market in my opinion as some data already indicated how 75% of Bitcoin miners uses green energy.

We all know how Michael Sailor is a Bitcoin enthusiast, I have even created a thread on this forum before when he compared gold and Bitcoin, I like the man's view about bitcoin. But Elon Musk is not Bitcoin enthusiast rather than to manipulate the market until he noticed he has to make amend what he has already caused. I remembered Michael Saylor had to get closer to him after the negative tweet.

Also, Elon Musk tweet dropped Bitcoin price not to $30000, China FUD dropped it from around $45000 to $30000.

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Also, I remembered the price of bitcoin was still less than $35000 when we read on the news recently that Amazon will accept Bitcoin as a direct payment before this year ends, and also that it will accept some other cryptocurrencies later.

That's in-depth analysis. Although we have already studied in general how they are impacting the bitcoin and doge economy, your analysis can be used to learn the different patterns of billionaires and how they behave.

It's mind blowing that, Elon's focus was more or less on the DOGE itself. Looking at the % average max return BTC did only 3.7% while on the other hand DOGE did 26%, and that's really crazy one.

Micheal Slayor does not even fit in the race if we perform the mix analysis of Elon + Slayor patterns.


The only thing we ever wanted to be true but all these billionaires are driving the whole world with their fingers on twitters.

Your analysis is proof for this statement. I think one couldn't agree more than this.

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