Bitcoin doesn't care about Tesla and Amazon

fauzan Ichsan

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Quote from: matchi2011 on August 18, 2021, 03:25:48 PM

Quote from: swiftbits on August 18, 2021, 03:19:17 PM

Bitcoin price could heal its own. The general public cares too much about influential people as they have more networks and power that make them seem more reliable. The community increases each day; these companies also do think that this technology has potential. Don't let them control your decision.
Let's do our own research and avoid manipulators.

Doing your own research save your ass from losing money, those influencers who are trying to move the market are people who use their money to make things happened, but along the way people learned, they will stop follwoig those trend and start realizing the long term results.

you need to work with every information in order to maximize your profits during your stay inside this industry.

we have to look at it from all angles, what we need to know is that they use influencers, of course part of the strategy, it doesn't mean they don't have risk, maybe even their risk will be greater than ours if their strategy fails. therefore we must learn to analyze on the basis of personal thoughts by referring to data that is or will happen

matchi2011

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Quote from: swiftbits on August 18, 2021, 03:19:17 PM

Bitcoin price could heal its own. The general public cares too much about influential people as they have more networks and power that make them seem more reliable. The community increases each day; these companies also do think that this technology has potential. Don't let them control your decision.
Let's do our own research and avoid manipulators.

Doing your own research save your ass from losing money, those influencers who are trying to move the market are people who use their money to make things happened, but along the way people learned, they will stop follwoig those trend and start realizing the long term results.

you need to work with every information in order to maximize your profits during your stay inside this industry.

Betwrong

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Quote from: Vaskiy on August 16, 2021, 06:43:51 PM

Quote from: Betwrong on August 16, 2021, 06:29:04 AM

~

There is more possible chances for price pumping through the billions of us, but it isn't possible like what Elon Musk did. Each and everyone doesn't have the same thinking as others. There'll be difference of opinion on the plans of holding, and the market. This will not cause a combined move. When it comes to Elon Musk or other firm it is possible for them to move a big fund on a single person's decision. This could drag the market easily.

I'm not sure about that. Look at the daily trading volume of BTC: it's over 30 billion USD for the last 24 hrs, today, for instance. Trying to manipulate market with volume that big is a pretty risky endeavour. You can lose a billion or two, while the market will be back to where it was before your failed "manipulation" in a day or two.

Questat

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Quote from: Shenzou on August 18, 2021, 03:26:55 PM

Well this was true when bitcoin's price was below the 10k but after bitcoin has gained a lot of popularity and everyone started using it as an investment and way to make quick profit by trading it, it has become largely influenced by news, sure on the long term it is still on the rise but most people don't have a long term vision for it and they want short term investments that make them profit because no one knows what the future holds, so people go about investing based on news like we saw with Elon Musk and Tesla and Even with the Chinese government banning mining.

What made bitcoin more popular is the news that institutional investments are coming in, which means big companies are buying bitcoin and holding it, people are hyp because they believe that in the future it will result in massive adoption and demand just continues from the investors.

There's no huge demand yet on the usage as bitcoin is not instant and transaction fees are not cheap, but hopefully, in the future, it will be able to provide the requirements to make this a more competitive currency, especially for micro transactions

Shenzou

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Well this was true when bitcoin's price was below the 10k but after bitcoin has gained a lot of popularity and everyone started using it as an investment and way to make quick profit by trading it, it has become largely influenced by news, sure on the long term it is still on the rise but most people don't have a long term vision for it and they want short term investments that make them profit because no one knows what the future holds, so people go about investing based on news like we saw with Elon Musk and Tesla and Even with the Chinese government banning mining.

swiftbits

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Bitcoin price could heal its own. The general public cares too much about influential people as they have more networks and power that make them seem more reliable. The community increases each day; these companies also do think that this technology has potential. Don't let them control your decision.
Let's do our own research and avoid manipulators.

fullhdpixel

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Quote from: el kaka22 on August 17, 2021, 03:46:54 PM

It means maybe we may not disturb dollar one day, or not central banks or even any bank but one day we could totally disturb gold and its prices because if you remove all the investments on gold and just keep the people who buy gold because they use it? Then gold prices will be very low and that will make bitcoin prices quite high, that is what I believe will happen and that will probably be what happens in the long run.

Yeah, I do agree that bitcoin doesn't care about specific companies, but we do? I mean when we heard that Tesla bought so many coins, or Microstrategy did, not only the price went up because they bought some, but the price went up because we bought some because they bought some. I know that sounds weird but I said it right.

There are people out there who buy bitcoin because bigger names bought it, biggest example is Elon Musk making dogecoin known, it was a useless and worthless coin and now people are thinking it is something... it is not something, it is still quite useless and still worthless but people put a value on it just because Elon said so. Basically that's it, we should not be really caring about it at all, we should be just doing our own thing and not care about these rich companies and people but unfortunately there are so many that still does it.

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Quote from: Hamphser on August 17, 2021, 04:51:11 PM

Quote from: tabas on August 17, 2021, 04:04:56 PM

Quote from: mckinleeanael07 on August 17, 2021, 11:00:46 AM

it is true that tesla news and announcements from the very beginning can greatly affect investor sentiment, but over the years it has become boring and no one cares about the That's because we've all mastered our emotions now.

Not all of these years, the Tesla news just came lately and for the past months for this year. And there's still sentiment for these news but as time passes.
Most people, the investors doesn't care anymore with it because of being fed up with news and playing by these large companies to the crypto market.

Yes, we could say such thing but the truth is that when these sentiments goes out to the market then it do still make those significant impacts because not all people would be sharing up on the same idea and emotion

about ignoring these kind of news specially if big companies and popular personalities would really take involved into this market.It was never an assurance that people would just simply ignore and wont making any actions.

There would be still those people who do love to play with Fire.One things for sure that Bitcoin doesnt really care on anything as long it does have the demand then it would continue to exist.

That's true, bitcoin will continue to make itself know for most countries and companies despite there will be some of those influential people telling bad about what they think on it.
Ignoring such means that you're already mature on this market if you've been here for so long and those are usually the news that comes in just to move the market prices.

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Quote from: tabas on August 17, 2021, 04:04:56 PM

Quote from: mckinleeanael07 on August 17, 2021, 11:00:46 AM

it is true that tesla news and announcements from the very beginning can greatly affect investor sentiment, but over the years it has become boring and no one cares about the That's because we've all mastered our emotions now.

Not all of these years, the Tesla news just came lately and for the past months for this year. And there's still sentiment for these news but as time passes.
Most people, the investors doesn't care anymore with it because of being fed up with news and playing by these large companies to the crypto market.

Yes, we could say such thing but the truth is that when these sentiments goes out to the market then it do still make those significant impacts because not all people would be sharing up on the same idea and emotion

about ignoring these kind of news specially if big companies and popular personalities would really take involved into this market.It was never an assurance that people would just simply ignore and wont making any actions.

There would be still those people who do love to play with Fire.One things for sure that Bitcoin doesnt really care on anything as long it does have the demand then it would continue to exist.

tabas

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Quote from: mckinleeanael07 on August 17, 2021, 11:00:46 AM

it is true that tesla news and announcements from the very beginning can greatly affect investor sentiment, but over the years it has become boring and no one cares about the That's because we've all mastered our emotions now.

Not all of these years, the Tesla news just came lately and for the past months for this year. And there's still sentiment for these news but as time passes.
Most people, the investors doesn't care anymore with it because of being fed up with news and playing by these large companies to the crypto market.

el kaka22

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It is basically because people are investing into it like that is some sort of very important thing and I understand it, it is logical to have something like that. Gold has been a thing for a while that people mainly use to invest and store value, because even if inflation hits, if you have gold then you are usually fine. What are they using it nowadays? I mean sure they use gold mostly but bitcoin is not too far away, eventually we will get there as well.

It means maybe we may not disturb dollar one day, or not central banks or even any bank but one day we could totally disturb gold and its prices because if you remove all the investments on gold and just keep the people who buy gold because they use it? Then gold prices will be very low and that will make bitcoin prices quite high, that is what I believe will happen and that will probably be what happens in the long run.

mckinleeanael07

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it is true that tesla news and announcements from the very beginning can greatly affect investor sentiment, but over the years it has become boring and no one cares about the That's because we've all mastered our emotions now.

realcrypto

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Bitcoin and cryptocurrency market is usually influence by both technical and fundamental analysis. In my opinion fundamental create impact more than technical when it comes to cryptocurrency market. Therefore Tesla and Amazon news still have effect no matter the technical.

Vaskiy

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Quote from: Betwrong on August 16, 2021, 06:29:04 AM

Quote from: Princejebs on August 15, 2021, 07:05:46 PM

Quote from: nelliella on August 14, 2021, 02:10:38 AM

Man i reallly really don't want greedy companies to involve bitcoin , yes ! when tesla accepts bitcoin we have seen the price growth but what happened after all ? This is gonna be worse if they keep coming , they don't care about technology or money revolution in the end they will harm this ecosystem so hard . I love bitcoin because it is not belongs to banks or goverments . It belongs to people !

If they don't get bitcoin, I wonder how you and I will be discussing about increase in price of bitcoin and market generally.
The thing is, an average or individual person don't have such money to pump bitcoin, where do you expect billions to fall out from? Definitely from reputable companies and even when they plan to buy, they do so in silence, and make announcements as soon as they gain enough bitcoin they have there hands on.
By the way, Elon became the richest person today and I hope SpaceX will do more pumping Kiss

Regular people, like you and me, can theoretically pump the price because there are billions of us, and together we surely can do something significant. In practice, however, most of us don't think of ourselves as of financial experts, and rightly so, because we are not. So we tend to look at what big companies are doing and copy their steps. We shouldn't blindly follow those companies, bc they can be terribly wrong sometimes, but most of the time they are right.

Speaking of Tesla, look how many Bitcoins they are still holding:

There is more possible chances for price pumping through the billions of us, but it isn't possible like what Elon Musk did. Each and everyone doesn't have the same thinking as others. There'll be difference of opinion on the plans of holding, and the market. This will not cause a combined move. When it comes to Elon Musk or other firm it is possible for them to move a big fund on a single person's decision. This could drag the market easily.

Betwrong

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Quote from: Princejebs on August 15, 2021, 07:05:46 PM

Quote from: nelliella on August 14, 2021, 02:10:38 AM

Man i reallly really don't want greedy companies to involve bitcoin , yes ! when tesla accepts bitcoin we have seen the price growth but what happened after all ? This is gonna be worse if they keep coming , they don't care about technology or money revolution in the end they will harm this ecosystem so hard . I love bitcoin because it is not belongs to banks or goverments . It belongs to people !

If they don't get bitcoin, I wonder how you and I will be discussing about increase in price of bitcoin and market generally.
The thing is, an average or individual person don't have such money to pump bitcoin, where do you expect billions to fall out from? Definitely from reputable companies and even when they plan to buy, they do so in silence, and make announcements as soon as they gain enough bitcoin they have there hands on.
By the way, Elon became the richest person today and I hope SpaceX will do more pumping Kiss

Regular people, like you and me, can theoretically pump the price because there are billions of us, and together we surely can do something significant. In practice, however, most of us don't think of ourselves as of financial experts, and rightly so, because we are not. So we tend to look at what big companies are doing and copy their steps. We shouldn't blindly follow those companies, bc they can be terribly wrong sometimes, but most of the time they are right.

Speaking of Tesla, look how many Bitcoins they are still holding:

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Quote from: nelliella on August 14, 2021, 02:10:38 AM

Man i reallly really don't want greedy companies to involve bitcoin , yes ! when tesla accepts bitcoin we have seen the price growth but what happened after all ? This is gonna be worse if they keep coming , they don't care about technology or money revolution in the end they will harm this ecosystem so hard . I love bitcoin because it is not belongs to banks or goverments . It belongs to people !

If they don't get bitcoin, I wonder how you and I will be discussing about increase in price of bitcoin and market generally.
The thing is, an average or individual person don't have such money to pump bitcoin, where do you expect billions to fall out from? Definitely from reputable companies and even when they plan to buy, they do so in silence, and make announcements as soon as they gain enough bitcoin they have there hands on.
By the way, Elon became the richest person today and I hope SpaceX will do more pumping Kiss

Cindella

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Large institutions will have a certain influence on Bitcoin. When Musk announced his acceptance of Bitcoin payments, it pushed the price of Bitcoin to rise.

These events will cause market sentiment, which in turn will manipulate the market and affect the price of Bitcoin.

nelliella

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Man i reallly really don't want greedy companies to involve bitcoin , yes ! when tesla accepts bitcoin we have seen the price growth but what happened after all ? This is gonna be worse if they keep coming , they don't care about technology or money revolution in the end they will harm this ecosystem so hard . I love bitcoin because it is not belongs to banks or goverments . It belongs to people !

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Quote from: wahyu wida on August 13, 2021, 12:31:31 AM

if you look at it from another point of view, it is precisely with the whales that make positive or negative news that ultimately affects the movement of bitcoin, this is actually an interesting time to make money, because we know the crypto market until now cannot be separated from such events.

There are times that it's really connected to those news and events but there are also moments that it's not. It's not only the whales that moves the market, giving highlight to the news.
You've forgotten that it is the medias job that gives result to the news that they bring. Usually if the news are negative, yes, it's a dumping chart that we're seeing but when it's positive and that news from a known company, expect a rise.

tiCeR

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Quote from: Timelord2067 on August 11, 2021, 11:19:47 PM

Quote from: tiCeR on August 11, 2021, 10:00:33 PM

I would argue hat mainly depends on their profit margins and Bitcoin's average volatility for a specific period of time. If Tesla were willing to accept a certain speculative risk, which I don't believe because they won't be interested in turning their profitable car business into a speculative hedge fund sort of thing just by accepting cryptocurrencies. Way too dangerous during this phase of their corporate life-cycle and also probably not what shareholders want.

You'd also have to factor in just how large a narcissist the car sales man is and how much control he has over the brand, board of directors and the shareholders. If he felt he could push the price of bitcoin sky high for a second time, then it's possible (just possible) that Tesla may indeed be stockpiling some of their earnings with a view to cashing in when the price gains momentum (or, selling at a higher price than when they were first acquired from car sales)

Well yes, that is definitely a possible scenario. The thing is though I don't know how silently Tesla as a publicly listed company would be able to stockpile Bitcoin in large quantities. If for some reason the bet doesn't go well, the narcissist probably knows that he would be in a hell lot of trouble. I guess even the narcissist knows that! Cheesy

$1.5 billion isn't much for Tesla, even if that went wrong not too much would happen to him as the boss of the company and his status within that corporate network. If he places a bet on Bitcoin that is of serious significance on Tesla's balance sheet, that might be a dangerous game to play even for him.

Topic: Bitcoin doesn't care about Tesla and Amazon (Read 1115 times)