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Topic: Elon musk, Jeff bezos and Bill gates manipulating the market (Read 202 times)

member
Activity: 868
Merit: 63
Well, we might as well add all the other bitcoin millionaires selling their bitcoin at high price making the prices go down and buying at a low price again. The market is susceptible to manipulation, I think we should get used to that, instead of being mad about it, why not just find a way to benefit from this manipulation.
They always forget these people when they are trying to blame personalities for manipulating the market which is kind of unfair because it looks like they are just hating on that specific person, that's why they blame them specifically.
sr. member
Activity: 2016
Merit: 283
Jeff Bezos : Let's buy 10 billion of Bitcoin each of us.
bill gates I am all in.
Elon musk : Let's dump our Bitcoin and make a tweet about it so we can buy cheaper.
where did you get this conversation mate? I suggest to share the link here if you have it, because to be honest no one will believe in you unless you can prove that its totally legit. ,Actually even me it seems you just making story because its a private conversation so how comes they will let other ppl know what's the next plan to manipulate the market, do you think is that possible? For me no.. Lol
full member
Activity: 868
Merit: 150
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Well, we might as well add all the other bitcoin millionaires selling their bitcoin at high price making the prices go down and buying at a low price again. The market is susceptible to manipulation, I think we should get used to that, instead of being mad about it, why not just find a way to benefit from this manipulation.
legendary
Activity: 2534
Merit: 1397
I don't think so that it could be considered "manipulating" by just doing some tweets or any post to their social media accounts.
Just like on Elon Musk's tweets, we all know that Elon Musk is a fan of meme, so there's a lot of his tweets recently are like meme, or joke only, bitcoin or non-bitcoin related.
I am curious why people are so much affected by these tweets by these billionaires.
legendary
Activity: 2758
Merit: 1228
Jeff Bezos : Let's buy 10 billion of Bitcoin each of us.
bill gates I am all in.
Elon musk : Let's dump our Bitcoin and make a tweet about it so we can buy cheaper.

Only Elon is showing some signs about doing that but for bezos and bill gates well I don't think they are since I don't see any proof so I think this is just another comedy on crypto space. But I'm curious to know on what will happen if this 3 big giants will join forces to do this and plan to  manipulate the market.
hero member
Activity: 3234
Merit: 774
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And there's Justin Sun who said that's going to buy all of the bitcoins that will be dumped by Elon.
https://twitter.com/justinsuntron/status/1400632916745494532
legendary
Activity: 3542
Merit: 1352
I can see Gates manipulating other things than markets as it shows he’s completely passed the stage where he cares about money. Bezos and Musk on the other hand, I’m not quite sure. Bezos is still trying to make companies on fields where he previously failed at, and I think that wouldbe where his focus are invested right now. Musk, well, we know that he’s an innovator but also a goof and a greedy scum by openly manipulating cryptomarkets using his tweets.

Of all these 3, Musk is the one who’s actually pulling all the strings irl.
hero member
Activity: 2702
Merit: 540
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Jeff Bezos : Let's buy 10 billion of Bitcoin each of us.
bill gates I am all in.
Elon musk : Let's dump our Bitcoin and make a tweet about it so we can buy cheaper.
Good story but it can be possible to happen where these monster whales could really be buying behind the curtains and make out fud to buy cheap and make some hype so  that they could able to sell.
Manipulation isnt something new not only to this market but also into traditional one.Therefore as an investor or trader you should really know on how to go with the flow.
Dont tend to make yourself highly reactive on what you are seeing.Always prefer on how these FA's been delivered out and with due experience you can eventually tell on when to get out and get in.
sr. member
Activity: 1484
Merit: 277
Jeff Bezos : Let's buy 10 billion of Bitcoin each of us.
bill gates I am all in.
Elon musk : Let's dump our Bitcoin and make a tweet about it so we can buy cheaper.

Basically, this a worst strategy that's affecting us lately and I think most people now begun to panic but for the whales it's their best moment to grab the biggest opportunity. Tweeting alongside particularly with Elon Musk popularity, was the huge factor to consider because the world wide massive followers is now dependent on how he reacts the recent market. This is very important in order to won't miss the chances.
legendary
Activity: 3178
Merit: 1140
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Yeah, it is like they all reached an agreement on destroying the balance of the market. Elon Musk's recent tweet has affected Bitcoin price negatively. I hope they will stop doing this at some point. Otherwise, we are going to have to manage our investments only according to their statements (which is really awful).
You are talking about manipulation of the market by someone who isn't trading, at least for the moment, but just using social media. Although I am pissed from topics complaining about Musk, but the problem is "us" who follow him blindly, who listen to his ego.
@OP, I doubt about what you say. Real life is more complicated than this. Giving a favor when you receive one and so on. What's the point of endorsing your competitors.
I prefer to see big tech involving, using bitcoin for transactions and payments, not holding it as a gold mine.
hero member
Activity: 2030
Merit: 402
Yeah, it is like they all reached an agreement on destroying the balance of the market. Elon Musk's recent tweet has affected Bitcoin price negatively. I hope they will stop doing this at some point. Otherwise, we are going to have to manage our investments only according to their statements (which is really awful).
staff
Activity: 3304
Merit: 4115
To be fair, the OP might not have any proof of the allegations, and they are quite possibly fabricated in their mind, however millionaires, and billionaires often manipulate things for their gain, so while it might not be true in this case, we should be aware that the power of the world will actively look to better the market for themselves, and might not actually care about the longevity of the technology.

Unless you've been extremely lucky, I don't believe any billionaire has become a billionaire without exploiting or manipulating their way there.
legendary
Activity: 3276
Merit: 2442
Jeff Bezos : Let's buy 10 billion of Bitcoin each of us.
bill gates I am all in.
Elon musk : Let's dump our Bitcoin and make a tweet about it so we can buy cheaper.

Since you don't have any proof, I think it is safe to assume that this is only your imagination.

Even if this was true, you cannot do anything about it. The markets are not regulated.

Maybe you are not old enough to know this but when these people weren't playing the crypto game, there were others. Fontas was one of the most famous. I don't remember people bitching so much about him when he sent LTC from $1 to $50 and crashed back to $3.
full member
Activity: 504
Merit: 102
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I didn't know they said what you just quoted above. As far as I know, only Bill Gate and Elon Musk are two billionaires who have publicly spoken out about Bitcoin. Bill Gates raved about Bitcoin in 2016 when he said that there is no international payment method as cheap as bitcoin. Elon Musk only talked about Bitcoin recently and he is the manipulator when there is so much influence in the crypto market.
hero member
Activity: 1344
Merit: 540
Hmm, I don't know if you have proof or if this is an assumption on your end.

Regardless though, since the market is open, it could be manipulated by whales, but I doubt that personalities such as Bezos and Gates and Musk are going to collude with one another. This is one of the worst conspiracy theory regarding price manipulation that I have ever heard.  Grin
member
Activity: 251
Merit: 80
Jeff Bezos : Let's buy 10 billion of Bitcoin each of us.
bill gates I am all in.
Elon musk : Let's dump our Bitcoin and make a tweet about it so we can buy cheaper.
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