Did Elon Musk cause the massive bull-run?

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Quote from: Barbut on January 19, 2020, 05:24:42 AM

Quote from: Shinpako09 on January 19, 2020, 03:54:33 AM

Elon Musk or not, just enjoy the price increase. It maybe just a coincidence. Although it's not surprising if a well know in this industry makes a statement has impact especially they are tagging him as the the real Satoshi, that's kinda funny for me. They've jump into conclusion that quick. I don't care much about the real identity of Satoshi simply because I respect he wants to keep his identity anonymous for the whole time. That makes me stop on intriguing on who is Satoshi.

People should enjoy the price increase, but they also wish to know what causing this price increase! If they know what is causing it maybe next time they can predict it and take advantage of it. For every increase, there are many factors that contribute. Elon Musk is a cryptocurrency fun like many other billionaires are and if they decide to invest a lot of money in Bitcoin they will affect the price in a positive way.

This. Hakuna Matata. Enjoy the increase and surrender to trying to understand the market.

Juggy777

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Quote from: cryptomarketyourself on January 18, 2020, 10:42:41 AM

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g

It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... Huh

Thoughts?

No I don’t believe that Elon musk had any role to play in the current bull rally because he has no real interest in bitcoins, and he’s just messing around with the community. Also I have stopped paying attention to his tweets because it’s clearly obvious that he’s tweeting them for fun.

https://beincrypto.com/elon-musk-tweets-about-bitcoin-again/

shoreno

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many big happenings or events that happen lately such as the iran u.s war , bitcoin halving speculation ,etc . i think those are the ones that up the price and not elon musk .

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Quote from: cryptomarketyourself on January 18, 2020, 10:42:41 AM

It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... Huh

Thoughts?

There are even people who thought he is Satoshi. Where do these thoughts come from? Elon Musk may have accomplished something, but you exaggerate in this regard. As if everybody is sitting at home and waiting to do whatever he says. So, do not tire yourself looking for a reason for the increase. There is no certain reason, just increased.

every popular personalities related to crypto are always being suspected as satoshi nakamoto . if the price increase , there is no reason behind it ? how come . price increase because people buy , that is one reason but why they buy ? there could be other reasons about that .

Barbut

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Quote from: Shinpako09 on January 19, 2020, 03:54:33 AM

Elon Musk or not, just enjoy the price increase. It maybe just a coincidence. Although it's not surprising if a well know in this industry makes a statement has impact especially they are tagging him as the the real Satoshi, that's kinda funny for me. They've jump into conclusion that quick. I don't care much about the real identity of Satoshi simply because I respect he wants to keep his identity anonymous for the whole time. That makes me stop on intriguing on who is Satoshi.

People should enjoy the price increase, but they also wish to know what causing this price increase! If they know what is causing it maybe next time they can predict it and take advantage of it. For every increase, there are many factors that contribute. Elon Musk is a cryptocurrency fun like many other billionaires are and if they decide to invest a lot of money in Bitcoin they will affect the price in a positive way.

Shinpako09

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Elon Musk or not, just enjoy the price increase. It maybe just a coincidence. Although it's not surprising if a well know in this industry makes a statement has impact especially they are tagging him as the the real Satoshi, that's kinda funny for me. They've jump into conclusion that quick. I don't care much about the real identity of Satoshi simply because I respect he wants to keep his identity anonymous for the whole time. That makes me stop on intriguing on who is Satoshi.

alexsandria

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Quote from: maxreish on January 18, 2020, 10:01:47 PM

That's not it. Whatever the accomplisments of Elon Musk, it doesn't necessarily mean that he was the founder. I dunno but they are still who believes on that. And whenever there is a price pump, people need reasons and pointed at some fuds, etc.

Agree, whoever been on the top stage then people are going to point something unreal to them. Elon Musk indeed had a lot of accomplishment, and going to accomplish but that doesn't mean he could be the person at everything. We must refrain on doing something unnecessary as it just brings false rumors.
Let's face the reality, it is something to do with how many people sold and bought btc not this some kind of videos.
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maxreish

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That's not it. Whatever the accomplisments of Elon Musk, it doesn't necessarily mean that he was the founder. I dunno but they are still who believes on that. And whenever there is a price pump, people need reasons and pointed at some fuds, etc.

Let's face the reality, it is something to do with how many people sold and bought btc not this some kind of videos.

Hypnosis00

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Quote from: cryptomarketyourself on January 18, 2020, 10:42:41 AM

It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... Huh

Thoughts?

There are even people who thought he is Satoshi. Where do these thoughts come from? Elon Musk may have accomplished something, but you exaggerate in this regard. As if everybody is sitting at home and waiting to do whatever he says. So, do not tire yourself looking for a reason for the increase. There is no certain reason, just increased.

That would be a ridiculous dude, maybe Elon Musk is satoshi.
All of the price developments and changes are coming nowhere, we can't see it where it comes but only we have noticed that it moves high and low.
If Elon Musk did this, well, then we're so thankful but I don't see any proof that he did this...so I don't see any reason why I should have to believe him.

pixie85

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What if he truly is Satoshi nakamoto after all this time? lol that would be funny

Musk doesn't have much experience as a coder.

If he's really behind this project it's as the person who came up with the idea not the one who really wrote and tested Bitcoin. Musk is brilliant but he wouldn't be able to do it. This was done by someone who knew all about encryption and decided to make money based on that. Maybe an ex CIA?

The Sceptical Chymist

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Quote from: abel1337 on January 18, 2020, 10:57:23 AM

Too much conspiracy roaming around the internet about Elon musk, Who knows Huh

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I don't think any of it is serious and it sounds like people are just talking crap. Elon Musk presumably had enough on his plate in 2008-09 that I don't think he's a candidate for being Satoshi.

And I don't think that stupid tweet was responsible for bitcoin popping up to $8900--nor is that a massive bull run, OP. It's a nice bounce-back from its recent lows, but you have to remember that bitcoin was over $10k this past summer, which wasn't all that long ago. That said, I have no clue what's causing the market to be jumping up and down at the moment. It's the altcoin market that's up quite a bit, too.

hello_good_sir

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Lmao. I wouldn't give much weight to the argument.

That would be equivalent to saying that McAfee's tweets back in 2017 somehow sparked this bull run, because people expect prices to soar this year.

It's obviously not the cause. I'd say that geopolitical tensions, combined with bitcoin's intrinsic price cycles that occur every four or so years based on the halving is the true causes of this rally. It's not even that strong of a rally, so I'm not sure why people seem to be preoccupied to finding explanations when there may not be a singular one.

Doell

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there is a lot of inaccurate information about running crypto this maybe like a tradition when prices start to improve then are many false claims in the community like musk ,but if he really contributes to raising prices it doesn't hurt for him to make such statements we don't know that

Febo

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He is the one. He is Nakamoto. Now we know how Tesla and Space X are being financed!

Lol, they are financed with what Bitcoin will kill. Printing of money. You cant run unprofitable companies forever without printed money that keep entering stock market to pump value of all stocks.

bitbunnny

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First of all I don't see any massive bull run. There is some price rise but it's still hard to tell if this will grow to continuous rise or bull run, tine will tell. However, I don't think that Elon Musk.has anything to do with that.

ChrisPop

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I don't think Musk has such a big influence on the cryptocurrency markets. He has an influence on Tesla and other subjects because of his influence, but when we're talking about an entire market that has a myriad of different participants a tweet is like a drop in the ocean. It might have its impact, but unlikely to be a significant one.

All price moves are the result of an imbalance of buyers and sellers and the fact that most people don't understand what Elon actually wanted to express it says a lot about the wisdom of the crowd which is led mainly by greed and fear. If this tweet had any influence on people it is only because people "hope" that it is good news.

Ozero

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Quote from: Nadziratel on January 18, 2020, 10:58:29 AM

Quote from: cryptomarketyourself on January 18, 2020, 10:42:41 AM

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g

It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... Huh

Thoughts?

Musk, just trying to promote his company my friends. He is only interesting with Tesla's future. And he is using all tolls for that including cryptocurrencies (especially BTC).
Don't expect something useful from him. It is not pretty possible. And don't forget, he already tweeted about Bitcoin few times but there were no affect on Bitcoin's price ever.

Musk has done a lot in the field of space exploration and, in particular, the exploration of Mars. Recently, he probably has done much more than all the states of the world. At the same time, he has repeatedly written that he is little interested in cryptocurrency. It would already be a lot for one person, so that he would also be Satoshi Nakamoto. People always tend to fantasize too much.

Hamphser

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Quote from: cryptomarketyourself on January 18, 2020, 10:42:41 AM

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g

It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... Huh

Thoughts?

The guy is indeed funny because he tends to make jokes to almost everything. So it's not new if he's trying to make something that we believe this is what he's been doing already before. This bull market might be just a coincidence so i think it has no correlation or something between him and the market.

BChydro

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He is the one. He is Nakamoto. Now we know how Tesla and Space X are being financed!

There was a time when Elon Musk was really struggling to fund Tesla and Space X and he needed to raise these amounts when they were close to bankruptcy and he does not have the time to develop bitcoin between all these pressure to stay afloat in life. The pressure is real and then he got his dramatic divorce when he was struggling with his companies and then he found a solution to recover both these companies with extra funds and faith in his abilities and vision.
Whether one person can manipulate the market, it is possible as he did that in the past with doge coin when he tweeted about it for fun and he usually like to troll every now and then and that will impact the market which shows how vulnerable the market is to jump up and down without any substance.

msarro

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The problem is whenever we have a bull run we always try to associate them with some event and thats what thread is about i.e. associating current bull run with Elon Musk tweet.
I don't think bitcoin reads any tweet. My opinion is in negative for this association.

Divinespark

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Quote from: pakhitheboss on January 18, 2020, 11:14:08 AM

Quote from: cryptomarketyourself on January 18, 2020, 10:42:41 AM

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g

It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... Huh

Thoughts?

Elon Musk is an entrepreneur, what he tells or does is meant to help his business grow and not promote others. He meant nothing with his tweet, it was a troll.

I am sure he is not Satoshi 😀

There are many conspiracy theories in this market, until now we don't know who Satoshi is, so anyone here could be him. It is impossible to be sure of anything until everything is clear. And I agree with you, Elon Musk is not the reason for the current market increase, his tweet is just a troll because he has done so many times before for this market.

Topic: Did Elon Musk cause the massive bull-run? (Read 300 times)