According me it can’t envision how Elon Musk be exceptionally impacted by individuals. [....]
Believe me, Elon Musk doesn't give a damn about all influential people, especially considering that one way or another in the future they will have to buy tickets to Mars only for Bitcoins. Oh no, I almost forgot, one person is not indifferent to him .. I mean little Sheldon, since he and Elon have something in common - that they are both obsessed with progress, (besides the stolen diary with the reusable rocket theory). 
Topic: Elon Musk adds #Bitcoin to his Twitter bio - page 2. (Read 1373 times)
According me it can’t envision how Elon Musk be exceptionally impacted by individuals. With fair his tweet, destitute individuals begin to accept in it and we can't deny almost the tweeter hacked account final month is exceptionally compelling to inspired individuals and contribute, will I figure, they were caught at this stage. All have positive and negative had here, individuals will I figure upbeat since of Elon Musk's tweet, but what in the event that those individuals had to lose and ended up disillusioned from their misfortune. So personal research matters before investing in crypto.
If a single tweet from a personality like Elon Musk can cause a 10% spike in the Bitcoin exchange rates, then we should also remember that the opposite case can be true as well. Tomorrow some of the other multi-billionaires (such as Zuckerberg or Gates) can tweet that the government should destroy the cryptocurrency ecosystem and the markets can crash by 10% or more than that in a matter of hours.
Honestly, I will only be glad of this, (for at least two reasons). First, I will buy some more Bitcoins at a better rate, and second, it will be an unambiguous sign that we are feared at the highest level. [Quoted Images] It looks like Musk has created a new trend with his actions.Besides Elon, there are several accounts that I follow on my Twitter that change their bio with the Bitcoin BTC symbol
Besides Elon, there are several accounts that I follow on my Twitter that change their bio with the Bitcoin BTC symbol
Elon Musk adding #Bitcoin to his twitter bio does not really influence mass adoption of Bitcoin. It will just made people buy bitcoin without understanding why they are buying it or what bitcoin is and its purpose in the financial ecosystem. This will just make people lose money since they are just going to invest without knowing that Bitcoin market is very volatile. Not all of his followers have in-depth knowledge about Bitcoin investment and trading.
true to the risks that will be faced by his followers if they buy Bitcoin just because they are inspired by Elon without knowing the risks behind. but as long as those who buy Bitcoin don't sell their Bitcoin at a low price, the amount of Bitcoin they have will not change, only its value against fiat which fluctuate. When a person like Elon Musk tweeted and showed support for Bitcoin and claimed himself as the supporter of Bitcoin, it has put a positive impact on the market i the last two days which isn't surprise at all from the perspective of the present situation. Here Elon Musk may have a financial intention but already showed a positive impact.
If a single tweet from a personality like Elon Musk can cause a 10% spike in the Bitcoin exchange rates, then we should also remember that the opposite case can be true as well. Tomorrow some of the other multi-billionaires (such as Zuckerberg or Gates) can tweet that the government should destroy the cryptocurrency ecosystem and the markets can crash by 10% or more than that in a matter of hours. In the end, the truth is that Bitcoin remains a highly volatile asset which can go up or down by a large amount as a result of a single tweet.
I thought it was only Elon Musk, who had added the #️⃣ of bitcoin on their bio, yesterday while on twitter, I noticed the CEO of Twitter, Jack has also added the bitcoin hashtag. This is a good hype for bitcoin, considering how influential and powerful , these two men are in the world. It's been exciting news for bitcoin holders, one can imagine the number of people who have familiarise themselves with bitcoin through this influence of Elon Musk and co.
Let's suppose he tweets after few days that he has invested in bitcoins. This news will spread like fire among the institutions and we cannot image the hype which it will bring in the market. I am sure he has already invested in bitcoin but has not made it public yet.
Actually, as you can see from the quote, Elon already owns a small amount of bitcoins. I'm not sure about the investment, but I don't think he was lying, as it makes absolutely no sense. Yes, he may like Bitcoin or A Cypherpunk's Manifesto, but that does not mean that he is interested in investing, (I don’t think he’s interested in anything at all besides space). Elon needs to spend money now, and the main missing resource for him is time. I'm talking about the Interplanetary Transport System (ITS) and the fact that he has repeatedly stated that he wants to visit Mars. So I don't think #Bitcoin is one of his priorities right now.Quote from:
That said, I still only own 0.25 BTC, which a friend sent me several years ago. Don’t have any crypto holdings.
Let's suppose he tweets after few days that he has invested in bitcoins. This news will spread like fire among the institutions and we cannot image the hype which it will bring in the market. I am sure he has already invested in bitcoin but has not made it public yet.
I think he has done thing that really make a lot of people believe that in the near future the price of bitcoin will go up again. But you don't have to force yourself to believe that this will influence many investors to buy bitcoin on a large scale. There may be hype, but you should do your own analysis before investing. Next, maybe he will write any other altcoins he wants. Do you have to continue to believe what he said ?Without it, bitcoin has the potential to benefit many people. Price fluctuation is used for profit. In the long term, this is a profitable asset for the large number of people who enter at the right time.
I am sure he has already invested in bitcoin but has not made it public yet.
I was thinking the same. It seems like most institutions buy first then announce, for obvious reasons.
Then again, I still think it's risky for him to pump the market like this as he has been in trouble with the SEC for market manipulation, and although he wouldn't get in trouble in this instance, he probably knows that the SEC are delaying approving a bitcoin ETF because of potential market manipulation.
Elon Musk adding #Bitcoin to his twitter bio does not really influence mass adoption of Bitcoin. It will just made people buy bitcoin without understanding why they are buying it or what bitcoin is and its purpose in the financial ecosystem. This will just make people lose money since they are just going to invest without knowing that Bitcoin market is very volatile. Not all of his followers have in-depth knowledge about Bitcoin investment and trading.
"In retrospect, it was inevitable." Elon literally had become vocal in his support iwth cryptocurrencies and bitcoin in the past few years, even went so far as to include a pruchase option in Paypal for bitcoin, although of course it was not as cool as we thought it was when it was just about to be released, still, we can see how enthusiastic the guy is in his support for bitcoin, hopefully this carries on because more good publicity will be helpful for bitcoin's goal of reaching $100k
I think Elon Musk isn't what we saw as it seems before because I think one lf his source of income is thru cryptocurrency. We only knew Elon Musk because of its company, the Tesla yet we I can also read about some articles where the cryptocurrency such as bitcoin is corresponded on his name. I think this idea of Elon putting #Bitcoin in his bio twitter will make a huge impact on the market knowing some people might be idolizing him and will also get into what he is up to. This simple act of putting bio will likely to have big impact. Besides Elon Musk is the most rich person all over the world domination the last one before.
Let's suppose he tweets after few days that he has invested in bitcoins. This news will spread like fire among the institutions and we cannot image the hype which it will bring in the market. I am sure he has already invested in bitcoin but has not made it public yet.
"In retrospect, it was inevitable." Elon literally had become vocal in his support iwth cryptocurrencies and bitcoin in the past few years, even went so far as to include a pruchase option in Paypal for bitcoin, although of course it was not as cool as we thought it was when it was just about to be released, still, we can see how enthusiastic the guy is in his support for bitcoin, hopefully this carries on because more good publicity will be helpful for bitcoin's goal of reaching $100k
I think Elon Musk isn't what we saw as it seems before because I think one lf his source of income is thru cryptocurrency. We only knew Elon Musk because of its company, the Tesla yet we I can also read about some articles where the cryptocurrency such as bitcoin is corresponded on his name. I think this idea of Elon putting #Bitcoin in his bio twitter will make a huge impact on the market knowing some people might be idolizing him and will also get into what he is up to. This simple act of putting bio will likely to have big impact. Besides Elon Musk is the most rich person all over the world domination the last one before.
Let's suppose he tweets after few days that he has invested in bitcoins. This news will spread like fire among the institutions and we cannot image the hype which it will bring in the market. I am sure he has already invested in bitcoin but has not made it public yet.
"In retrospect, it was inevitable." Elon literally had become vocal in his support iwth cryptocurrencies and bitcoin in the past few years, even went so far as to include a pruchase option in Paypal for bitcoin, although of course it was not as cool as we thought it was when it was just about to be released, still, we can see how enthusiastic the guy is in his support for bitcoin, hopefully this carries on because more good publicity will be helpful for bitcoin's goal of reaching $100k
I think Elon Musk isn't what we saw as it seems before because I think one lf his source of income is thru cryptocurrency. We only knew Elon Musk because of its company, the Tesla yet we I can also read about some articles where the cryptocurrency such as bitcoin is corresponded on his name. I think this idea of Elon putting #Bitcoin in his bio twitter will make a huge impact on the market knowing some people might be idolizing him and will also get into what he is up to. This simple act of putting bio will likely to have big impact. Besides Elon Musk is the most rich person all over the world domination the last one before.
Yeah, Elon Mush being the richest person in the world uses the #Bitcoin on his bio that affects the market, we have seen a great movement of bitcoin when he used that hashtag, we have also seen it with the dogecoin that goes up for about 700%. It is like magic, with a simple hashtag makes a big change.
Very crazy how come just tweet and change twitter bio and use bitcoin hastag could make bitcoin price up, lately he made Doge up to higher price after tweet with doge coin, maybe bad effect after his tweet because many trader and investor will buy coin although have raise to higher price, look what happen with many investor or trader after buying doge on higher price, how long they will waiting for doge back again above $0.08 and will be patient waiting doge back higher price or they sell doge on lower price.
Elon Musk is a big influencer, many people heard and obeyed her voice. This is the reason for every tweet he makes many people will immediately buy the coin that he mentioned. Imagine if 1K, 10K or maybe 100K people buy the same coins. Of course, the price will to the moon in a very short time
Elon Musk want to introduce his all followers about bitcoin,a lot of people are getting excited about Bitcoin and I think he is trying to convince his followers that, this is the right time to buy Bitcoin.
"In retrospect, it was inevitable." Elon literally had become vocal in his support iwth cryptocurrencies and bitcoin in the past few years, even went so far as to include a pruchase option in Paypal for bitcoin, although of course it was not as cool as we thought it was when it was just about to be released, still, we can see how enthusiastic the guy is in his support for bitcoin, hopefully this carries on because more good publicity will be helpful for bitcoin's goal of reaching $100k
I am very grateful to Elon Musk for doing that, because of those little things that Elon Musk did. Can make many people get interested in Bitcoin,
even some people immediately became panic buyers. It must be admitted that Elon Musk's popularity was very influential in making Bitcoin even
more recognized throughout the world. Even some online media have started writing articles related to Elon Musk supporting Bitcoin. In the end
this is positive news in my opinion, even not long after Elon Musk added #bitcoin to his twitter, the price of Bitcoin immediately pumped.
even some people immediately became panic buyers. It must be admitted that Elon Musk's popularity was very influential in making Bitcoin even
more recognized throughout the world. Even some online media have started writing articles related to Elon Musk supporting Bitcoin. In the end
this is positive news in my opinion, even not long after Elon Musk added #bitcoin to his twitter, the price of Bitcoin immediately pumped.
I think he learned his lessons after the SEC settlement. This time his tweets are 'clear'.
Posting #Bitcoin in BIO is freely interpretable. He's not suggesting or saying anything. People are those interpreting it as a bullish sign.
Was he fined in the past for manipulating the market, he was having fun with his social media account and can they even accuse him of manipulating the market for having his fun in social media. He does have a huge fan following and he could influence people and it is not a big surprise and the price of bitcoin rallied but now that gain is lost as the market is going down. Posting #Bitcoin in BIO is freely interpretable. He's not suggesting or saying anything. People are those interpreting it as a bullish sign.
Jump to: