A common enemy in the crypto world--Elon Musk! - page 2.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: Docbee on May 17, 2021, 01:31:19 AM

In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people. Cool

If we could actually get people to listen to us, we would however there are so many people out there who thinks Elon is the friend of a crypto world and that is the problem. Think about it he says something and people take it seriously and that seems to be the problem here, if nobody cared what he said we wouldn't have this problem to begin with.

It means there needs to be a period where we finally stop caring about what he is saying but that will require a lot of effort and work from the non-Elon liking people like me and many others here to go out there and try to convince people. I do not see our chances fighting against one of the richest man on the world, that is a battle we will most likely lose and that is why I doubt that it will work out well for us, which also evidently means we are going to have Elon deciding on price some more time.

bamb

sr. member

Activity: 938

Merit: 251

Publicity is publicity! Good or bad, you still get the exposure. In terms of exposure, I think Elon musk has done well for Cryptocurrency! I have always been suspicious of sudden rise in bitcoin as a result of Elon tweets! My position is this: I think bitcoin rise to fast! Bitcoin would have hit 100k if it were slowly risen!

devollito

full member

Activity: 560

Merit: 217

I dont understand why you hate him ? You need to hate your self if you investing to some instrument because of someone tweet. He has nothing to do with this crash. The crash will happen too even if he is not tweeting about how btc miner consume a lot of energy. This crash is only to liquidate some one position. Btc going up from $0 to $18k without him.

Kabul

sr. member

Activity: 619

Merit: 250

You can make investment based on his tweets. Following this man is a good strategy and I have made quite a good amount of money.

I do not like how he did with crypto. He keeps benefit himself with his self made tweets which damage the cryptocurrency price. Many people start to disbelieve bitcoin because they find it is easy to be controlled by billionaires' speech. This strongly reduce liquidity of cryptos, making it less attractive.

ancafe

hero member

Activity: 1778

Merit: 746

well, I also have the same feeling. however, in fact, because of Elon Musk, bitcoin was able to surpass its ATH this year. well, apart from that, Elon Musk also did quite a bit of bitcoin stock so that a lot of people were excited. however, it reminds me of 2017 when ethereum was also owned by several ICO developers which ended up making its price drop. well, that's the influence of the great men.

abel1337

legendary

Activity: 2492

Merit: 1145

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: wajik-tempe on May 18, 2021, 08:38:32 PM

It's a usual thing in crypto that any news will affect the price of cryptocurrency, elon is the center of the news right now, many people are following his tweets and everytime he tweeted market will move a second after his tweets.
Yeah many people hated him right now because of big losses caused by his statement, but also there are many people already become millionaire thanked to him. So it depends on the people, with a smart strategy and a big luck, this kind of condition will make profits

True, If a trader wants to become a millionaire because of him, You need to follow him smartly and take advantage of his tweets and put up a good strategy. Correction from the market is very expected and feeling if it is near is a trader's job. It's just Elon Musk accumulated a lot of crypto fans because of his recent tweets and now they are haters because the market gets a correction.

In our current situation right now, This is what I feel from the last correction in 2018. Many people have lost their profit from the bull run and the only thing people have today is that they blame Elon for this market crash.

Coroline

sr. member

Activity: 1092

Merit: 256

It is as if what is happening now is that Elon becomes a common enemy when the market turns red and becomes a mutual friend when the market turns green. Actually what are you thinking, one tweet could make the market red and green, it's really not good to follow a trend like this.
Blockchain technology seems to be destroyed and played by the owners of capital, this is actually our common enemy.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: worle1bm on May 18, 2021, 11:26:59 AM

For some people he has turned out be source of high profits and I don't think they hate him in the crypto world.For instance the Dogecoin millionaires US brothers who invested $8k in Dogecoin and now they are playing in millions.This is how market works and if you keep the pace with the flow you can also make small or large share in profits depends upon your perspective.Tesla is still holding its Bitcoin after suspension of Bitcoin related payments and who knows he is buying this dip and disclose it later.You might have sell at low and find Musk guilty for this dips but you need to know that many initial btc supporters turn to be against it after having their profit share..When you understand the foul market play you win.

I didn't like him when he was making some people profit, I do not like him when he is causing people to lose money as well, I knew this day would come. There is no way in the world where people could keep on making profit from some guy tweeting, sure it could go to a point but it will eventually crash and burn, that dude could come out and say "I changed my mind, dogecoin is a shitcoin" and the price would go down 50%+ in a few hours.

This is why never leave anything to chance, never let someone else take the charge of your financial situation instead of you, people who leave it to Elon Musk were idiots and I always said that but they said "I have made 5x profit so far!! suck it!!" and all kinds of annoying stuff, kudos to the ones who made profit and know when to get out, but now we are left with so many people who lost money because of Elon.

MadeMen

copper member

Activity: 389

Merit: 1

Elon musk has leveraged on the fact that the cryptocurrency market is governed by sentiments. People take decisions mostly by what they hear and see. Only a handful of cryptocurrency enthusiast has their own will and make decisions after carefully studying the scenario and making their own research.

wajik-tempe

sr. member

Activity: 1022

Merit: 252

It's a usual thing in crypto that any news will affect the price of cryptocurrency, elon is the center of the news right now, many people are following his tweets and everytime he tweeted market will move a second after his tweets.
Yeah many people hated him right now because of big losses caused by his statement, but also there are many people already become millionaire thanked to him. So it depends on the people, with a smart strategy and a big luck, this kind of condition will make profits

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: sayaya17 on May 18, 2021, 06:28:51 PM

For Elon Musk's positive tweets about crypto, I agree and support, but if Elon tweets to discredit crypto, like discrediting bitcoin,
I really don't like it, because once Elon tweets, it becomes hype and can affect the public. I don't like the way bitcoin can go down
this low because of Elon Musk's tweets. This is very detrimental to me because Elon Musk's tweets of my assets in trading suffered
a lot of losses.

That only proves how Elon Musk able to manipulate the market in his own crazy way. And there's nothing we can do with that than ignoring him otherwise, our emotions will be much affected.

Now that Tesla has announced that he has not been selling any bitcoin, so we'll be quite confident that bitcoin won't create dump this coming days. Unless if Elon will come up with another tweet that will create negative impact to bitcoin, then maybe dump will be inevitable.

sayaya17

sr. member

Activity: 1638

Merit: 255

For Elon Musk's positive tweets about crypto, I agree and support, but if Elon tweets to discredit crypto, like discrediting bitcoin,
I really don't like it, because once Elon tweets, it becomes hype and can affect the public. I don't like the way bitcoin can go down
this low because of Elon Musk's tweets. This is very detrimental to me because Elon Musk's tweets of my assets in trading suffered
a lot of losses.

gribalenfeksiyon

full member

Activity: 546

Merit: 100

In the crypto money market, many people such as Elon Musk and Elon Musk have come and gone. elon musk will be forgotten after a while in . But here's the downside, as Elon Musk tweeted and gave people an investment signal, people wouldn't want to give up on it. because people love to make money the easy way. and no matter what Elon Musk does, they can love him back if he tweets it again. I find what elon musk did very wrong. he acts as if he is the master of the market. He manages the market according to his will. I don't like him either.

NorvsGanda

full member

Activity: 445

Merit: 100

Think about this guys. What if Elon Musk just want to lessen the power of whales and add it to the normal crypto traders. I mean to those small scale holders, investors and traders? Because as we all know, a big part of the market price movement comes to the whales market manipulation. The one who controls the supply, controls the price also. I'm just thinking that Elon Musk want to eliminate the idea of having "whales" in market so that common people will always have some capability and access to the market, not just a specific group of rich and powerful people. Just wondering.

CaVO32

full member

Activity: 1848

Merit: 158

Quote from: Dexion on May 18, 2021, 12:58:59 PM

It is very obvious that Elon has indeed played the market to his heart's content, creating hype that can affect many people. It is as if he is the master of doge, but it is undeniable that every time he makes a sensation with his tweet about doge, the effect is enormous, and this will be very detrimental to people who decide to hold a doge without careful analysis and tend to follow the hype. that elon designed.

This is why people should be smart about it. Don't expect that Elon will support doge forever. If he is not happy to this coin anymore, he can easily drop it and cash out. Who knows, right? So if you want a better option, you can always opt to btc or any other solid project like maybe ETH. Now, Elon is saying something about increasing the efficiency of doge in a wrong perspective. I hope he will stop saying something towards crypto that will show his ignorance about this market.

arapgeceleri

member

Activity: 378

Merit: 10

elon musk was a popular man for the kripto para market a while ago. but it's really amazing how he quickly did things that made him hate himself. We have to congratulate him on this issue. how he managed to do this in such a short time. I don't understand why he needs to manipulate bitcoin. why he loved bitcoin a while ago, but now it is bad. If he continues to do so, the market will suffer greatly. It is very wrong to portray bitcoin as a bad thing to people.

fortune1002

member

Activity: 238

Merit: 10

I also don't like him. He has ruined crypto. He is playing with crypto market and people are crazy. If the people will not follow him then there will be no effect of his tweets on market.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

Quote from: Docbee on May 17, 2021, 01:31:19 AM

In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

I just feel like Elon Musk used Bitcoin as an opportunity to cash out huge money and nothing more, although I don’t know yet if they have sold their bitcoins , because I haven’t seen anything to prove that, but with the actions they are taking now it’s very likely that they have sold it and cashed out their profit that they have made with the investment. So, this is just Elon using the Bitcoin market to make himself more rich and then turn his back on it and say all sorts of things against.

Well I am not surprised , that’s what people like him always do. I have seen a lot of people that got rich through Bitcoin and then turn their back on it and even try to discourage others from investing by telling them that it is not a good investment because there is too much risk in it. Anyways, this is not the end, the market is still going to be back up again. I just hope that the cryptocurrency community don’t go back to supporting Tesla again, if in case they come with some stupid stories tomorrow.

Fortify

legendary

Activity: 2688

Merit: 1192

Quote from: Docbee on May 17, 2021, 01:31:19 AM

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

I hate him！ Angry

You're sounding highly irrational and should probably stop buying cryptocurrency altogether if you care for the opinion of one manipulative multi-billionaire. It's business to him and right now, Tesla is just another unprofitable car manufacturer so he is trying to scrape together funds anywhere that he can - this was all foreseeable. He basically performed insider-trading on the Tesla stock and has a highly erratic personality, yet for some people these are perceived as admirable traits that they want to copy. The best you could hope for is to try and take advantage of his tweets, for example there was a huge run-up on the price of Dogecoin the week before his Saturday night live performance. Somebody could have seen all the signals if they were paying attention and made money from activity spike in that coin, it was setting new records for about 7 days straight.

Jackl87

sr. member

Activity: 1722

Merit: 269

Quote from: Docbee on May 17, 2021, 01:31:19 AM

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

I hate him！ Angry

But how could we do?
In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people. Cool

I have also never been a great fan of elon musk and when he entered the crypto space with his tweets about dogecoin a few months ago i was not happy about it like so many people here and in other crypto community but i was worried instead. Now that he made a lot of money with his bitcoin and dogecoin purchases he talks bad about Bitcoin and that alone is enough to drive the price down which is crazy and not completely his fault but he still should know that it can influence the life of a lot of people if he makes a tweet about a currency or an investment asset..i feel very bad for everyone who bought into crypto because of elon musk just before he caused the dump.

Topic: A common enemy in the crypto world--Elon Musk! - page 2. (Read 743 times)