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Topic: Elon musk changed the market circles - page 2. (Read 876 times)

hero member
Activity: 2464
Merit: 594
February 21, 2021, 06:53:21 AM
Panic is a good way though, and obviously by now we all know that Elon or his company is a bitcoin bagholder ko it make sense for him to shill so that they can make billions more from their initial investments. Yes, still base on supply and demand, so he is pushing bitcoin to be in-demand in the market. I don't understand why you mean his reputation with bitcoin and altcoin is gone, he is a investor of both.
Has it been confirmed that he has already invested in an altcoin? like DOGE? I have not seen or read any news about that because all I know is that the Tesla company just bought Bitcoin. Well, we do not know, and then maybe not everything he should let the public know. Maybe yes, because what is the reason why altcoin is also mentioned and he pays attention, right? It seems that what he is changing in his profile is very controversial, maybe BTC will have a fork and he will be the Founder. lol
sr. member
Activity: 980
Merit: 252
February 21, 2021, 03:39:14 AM
we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?


The market is just maturing. I do not think that we should expect a correction in the near future. I hope that in March, many altcoins will show significant growth. Elon Musk certainly played into the hands of the market)
hero member
Activity: 1344
Merit: 540
February 21, 2021, 02:55:15 AM
Elon Musk change his picture profile twitter with bitcoin logo after bitcoin raise to higher price, I think Elon Musk just wanna make many people panic for buying bitcoin after bitcoin raise to higher price, He does not have any reputation with bitcoin or altcoin because supply and demand is the way why bitcoin reach to higher price, I have stop joining and following him because his reputation with bitcoin and altcoin right now gone.
Panic is a good way though, and obviously by now we all know that Elon or his company is a bitcoin bagholder ko it make sense for him to shill so that they can make billions more from their initial investments. Yes, still base on supply and demand, so he is pushing bitcoin to be in-demand in the market. I don't understand why you mean his reputation with bitcoin and altcoin is gone, he is a investor of both.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
February 21, 2021, 01:01:41 AM
Elon Musk change his picture profile twitter with bitcoin logo after bitcoin raise to higher price, I think Elon Musk just wanna make many people panic for buying bitcoin after bitcoin raise to higher price, He does not have any reputation with bitcoin or altcoin because supply and demand is the way why bitcoin reach to higher price, I have stop joining and following him because his reputation with bitcoin and altcoin right now gone.
hero member
Activity: 2576
Merit: 586
February 18, 2021, 01:29:33 PM
Their statements changed the market a lot. First he praised dogecoin. Everybody started to buy dog, now he is denigrating dog, I think he will buy from the bottom again.
That's why avoid buying when the hype is high. this will only give a loss if we can not take a position and sell it quickly. if we are not ready to lose money it is better to avoid trades that are experiencing an increase due to positive sentiment. trust me a quick pump will also create that dump in the near future. it's been a few times i've been caught in such situations making me stop following any altcoin hype
If this is hype you are totally right, but if this is right, there is a big chance that this could be something other than hype and that would mean you would be missing out on profit. I know that many people think we are in a bubble right now and eventually this bubble will burst and we are all going to see a huge 80%+ loss in many of the coins, probably all of them, and that is why buying right now is a bad idea to many people.

However I have another possibility; what if these huge companies going into bitcoin made that bear run impossible for now, and since they are going in billions of dollars each, which is amount we never really invested with ourselves, that means maybe even when there are many sellers, it is a lot harder to drop the price, so we are now in a long bull run until even huge billion dollar companies are not capable of changing the price? Maybe we will go up until that moment comes? I do not know if this will happen or not, but I think that is a possibility.
hero member
Activity: 2002
Merit: 534
February 17, 2021, 09:20:55 AM
we know that there is ups and downs in the market. But this time market correction not come yet.

Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?



I don't understand why so many people are believing in Elon Musk, he is just an investors as all of us. Sure he is has a far reach on social media, a lot of people are following him on Twitter. But he has no insider information like the rest of us. Maybe he can influence the market short term, but long term he shouldn't be able to change prices. We need to remember that he is holding his own positions in the market and wants to profit.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
February 17, 2021, 08:47:44 AM
Any one know where is Elon Musk now because almost coin tweet by him like doge have lower price, will he got much profit and left doge coin without any support again back to higher price, or elon musk wanna make doge coin really have lower price and then give many speculation to buy on lower price, many trader disappointed with elon musk because buy doge coin after his tweet.
hero member
Activity: 1722
Merit: 528
February 17, 2021, 08:39:10 AM
He started that run.

He is really a huge reason for the market to reach where we are right now. $50K seems so far in the past years and we never thought that it will actually happen. I am still waiting for someone his dick so there's that. Since Tesla joined the ones that riding the yacht right now, the wave might go higher as it is still going strong after hitting $50K.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
February 17, 2021, 07:08:41 AM
Yes, I also think by entering Elon in the crypto market is changed. Yes, correction is due but the market keeps rising as I believe many traders' or investors' trust increase when some big influencer jumps into the market. The correction will take place but I also don't think it will be like in the year 2018. But the impact of Elon will not remain long.
hero member
Activity: 2954
Merit: 672
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February 17, 2021, 06:09:06 AM
yes, Elon musk changed the market circles, He can pump any coin he wants up to the percentage he wants he only needs to invest and buy those coins and it will have a sudden price value increase. Look what happened to dogecoin, I believe he doesn't just hype and advertises it, but he also bought a huge amount of dogecoin. He can change how crypto market works in an instant and that is the true power in whales.

Changed temporarily I guess, this was his first time so people got hype on it, but if he keeps doing it, I doubt if people would still follow. That's normal, when a company or person is popular, they can influence the decision of the people, and that's why it causes a pump as what we have witnessed, but, it's not only for pump, there's also a possibility of dump when there are some negative news involving on the person who influence the market to pump.
jr. member
Activity: 453
Merit: 2
https://goldeth.io/
February 16, 2021, 12:52:15 PM
yes, Elon musk changed the market circles, He can pump any coin he wants up to the percentage he wants he only needs to invest and buy those coins and it will have a sudden price value increase. Look what happened to dogecoin, I believe he doesn't just hype and advertises it, but he also bought a huge amount of dogecoin. He can change how crypto market works in an instant and that is the true power in whales.
legendary
Activity: 1316
Merit: 1481
February 16, 2021, 12:22:44 PM
#99
Elon Musk knows he can play with fire as long as crypto markets remain mostly under gray areas regulations; if that would change expect him to close his mouth for good as he could not risk his reputation and, most importantly, his money! I mean let us face it, he changed the market behavior with a few tweets and he was able to resuscitate Dogecoin!
sr. member
Activity: 784
Merit: 251
February 16, 2021, 12:09:24 PM
#98
Yes, you are right, Elon Musk is very influential in increasing the price of Dogecoin. According to the proverb, if we control the market then we can control the price and this has happened with the presence of elon musk changing the market price of Dogecoin. Therefore, maybe someday the price of Doge coin can go up or down and it all depends on us taking advantage of the current conditions of the Dogecoin price.
sr. member
Activity: 1221
Merit: 250
February 16, 2021, 11:54:36 AM
#97
When Elon Musk make tweet about Doge again, last two days his tweet about Doge coin and now still waiting his update will make new tweet about doge coin or not because many people waiting for his tweet and make many trader get back profit, now I wanna get back how doge can reach to higher price again.

Well, you probably haven't read Elon Musk's latest tweet about Doge .. Elon is not very positive about Dogecoin being centralized because big whales have bought it in large amounts. He said he won't support DOGE until whales sell most of what they own. This means that in the near future we can expect only a drop of DOGE price.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
February 16, 2021, 11:31:21 AM
#96
When Elon Musk make tweet about Doge again, last two days his tweet about Doge coin and now still waiting his update will make new tweet about doge coin or not because many people waiting for his tweet and make many trader get back profit, now I wanna get back how doge can reach to higher price again.
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
February 16, 2021, 10:52:37 AM
#95
As per my data Elon musk can make contrast, he changes how individuals see at crypto, I think individuals are prepared to grasp cryptocurrency in the event that one individual like Elon appears up, individuals are reluctant within the past a long time since other best extremely rich people as of now dfined crypto and Bitcoin as a bubble but Elon realized that crypto is future, as individuals will accept them since of their notoriety, and presently a extremely rich person says and will acknowledge crypto, this has presently boost crypto-economy to a modern level, too its the culminate timing for crypto, since we are still within the widespread.
sr. member
Activity: 1221
Merit: 250
February 16, 2021, 10:51:45 AM
#94
Their statements changed the market a lot. First he praised dogecoin. Everybody started to buy dog, now he is denigrating dog, I think he will buy from the bottom again.

I didn't notice that Elon Musk denigrating DOGE. He only wrote about what the whole community noticed earlier. Dogecoin was bought by big whales, which is negative as it allows them to manipulate the price. Elon Musk prefers to do this himself, so he wrote:

"If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo."

This means that when he has an impact on the price again, he will start supporting DOGE.
full member
Activity: 854
Merit: 109
Trident Protocol | Simple «buy-hold-earn» system!
February 16, 2021, 10:35:08 AM
#93
Their statements changed the market a lot. First he praised dogecoin. Everybody started to buy dog, now he is denigrating dog, I think he will buy from the bottom again.
sr. member
Activity: 1221
Merit: 250
February 16, 2021, 10:32:22 AM
#92
the name elon musk is increasingly appearing on the surface elon musk is one of those people who has a lot of money and he has tremendous assets in the real world now he has jumped into the world of digital currency and his words have caught the attention of many people. people maybe in the future there will be new people who have lots of money like elon musk and they will support in the world of digital currencies.
Whether with Elon Musk plunging into cryptocurrency it will have a positive impact or vice versa I also don't know,
but I think this is quite interesting and maybe in the future more and more people are interested in cryptocurrency,
especially if later people like Elon Musk are interested in getting into cryptocurrency it will drive crazy

Who doesn't pay attention to what the richest man in the world invests in? Of course, everyone also wants to earn, so they will certainly want to imitate those who theoretically do the best in the world. I think it won't take long for the next big company to announce that it's investing in Bitcoin or other cryptocurrencies. I think the cryptocurrency trend is just beginning.
full member
Activity: 1568
Merit: 100
COMBONetwork
February 16, 2021, 09:30:57 AM
#91
the name elon musk is increasingly appearing on the surface elon musk is one of those people who has a lot of money and he has tremendous assets in the real world now he has jumped into the world of digital currency and his words have caught the attention of many people. people maybe in the future there will be new people who have lots of money like elon musk and they will support in the world of digital currencies.
Whether with Elon Musk plunging into cryptocurrency it will have a positive impact or vice versa I also don't know,
but I think this is quite interesting and maybe in the future more and more people are interested in cryptocurrency,
especially if later people like Elon Musk are interested in getting into cryptocurrency it will drive crazy
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