Elon Musk please stop messing up the crypto market - page 2.

Vishnu.Reang

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Quote from: noah tall on May 30, 2021, 04:39:22 AM

Elon musk is the villan of crypto market, but we can't do anything we can't stop him from fudding or anything he is doing , the best way to understand this trap and safe our portfolio and also we can't control anyone from promoting any project, if we thing dogecoin is a shitcoin then we have to stop investing in it.

See how the fortunes can change in a few days time. Till April, Elon Musk was widely regarded as a hero by many of the cryptocurrency users and everyone were talking about him in high regard. And everything changed upside down within a few days (or a few tweets). Now he has also realized the extent of damage done by him. Tried to alleviate the damage with some more tweets, but by that time his followers were not taking him seriously anymore. It was a tragic end to a promising start.

Luqman

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Quote from: KeikoKitagawa18 on May 31, 2021, 06:44:27 PM

when Elon tweet something about doge most of the investor sell their bag for buying DOGE

Most investors? Are you sure?
I don't think it is true, mate. Only a few people follow the hype of Elon tweets, most experienced investors aren't interested in following the hype. They prefer to buy top coins that have more value and supported by strong teams. While Doge has no strong team and seems not really promising to buy for a long-term holding. So, how can most investors prefer to buy a coin like Doge? It is not true.

KeikoKitagawa18

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Yap btc and any others top coin isn't affected but for any other alts with small marketcap it diferrent story because when Elon tweet something about doge most of the investor sell their bag for buying DOGE, thats why when doge price rise so high buy any other alts with small marketcap going down.

mrongoz22

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elon musk is a smart person, good at tricking people into bitcoin, beginners can get frustrated, just one twet in twiter has made other people panic, moreover he posted several times, surely the others are also scared, but in my opinion for seniors who have been playing for a long time in bitcoin, he doesn't care about twet elon musk ..

noah tall

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Elon musk is the villan of crypto market, but we can't do anything we can't stop him from fudding or anything he is doing , the best way to understand this trap and safe our portfolio and also we can't control anyone from promoting any project, if we thing dogecoin is a shitcoin then we have to stop investing in it.

Ryker1

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Eloncoin.org - Mars, here we come!

Quote from: pedrillo0 on May 29, 2021, 05:43:05 PM

Quote from: virtualdn on April 17, 2021, 04:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Dogecoin does not have as many markets as Bitcoin, logically BTC will always be the favorite of the entire community.
Unfortunately as you say, many newbies follow his game.
But the market always wins, best regards.

Well, we hope so, --because as I can see here, he was triggered smallholders to become scared and continue of their FUD. Perhaps that is the reason why the bitcoin price until now did not recover from the dip loss. Elon Musk here as I can say is very greedy when it comes to money and I don't have doubt if that is how the mindset of an entrepeur will work. We hope that we learned from this, from now on, ignoring him is most likely a good idea. So that he will never manipulate the market.

pedrillo0

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Nada y Tú?

Quote from: virtualdn on April 17, 2021, 04:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Dogecoin does not have as many markets as Bitcoin, logically BTC will always be the favorite of the entire community.
Unfortunately as you say, many newbies follow his game.
But the market always wins, best regards.

chaoticmayhem

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What's all the complaining about Musk for? Crypto has been sky rocketing since the beginning of the year and it was long overdue for a correction. Look at the crypto market. They're all down. If you think Musk is responsible, you should be thanking him for making it more affordable. Good investors buy on the lows, not the highs.

temple

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Quote from: Distinctin on May 18, 2021, 07:50:00 AM

Quote from: BobK71 on May 18, 2021, 06:33:49 AM

Quote from: Ecol on May 17, 2021, 03:15:39 AM

Elon is speculating to collect more bitcoins. I think at some point he will do his best to increase its price. A lot of people actually lost money. Elon be careful.

I also lost my some money. I fuck Elon Musk. Someone make a Altcoin name of Fuck Elon Muck.
https://bscscan.com/token/0xd2602dbb063627b80d5ae671007900f558c49e35

lol.. a shitty coin created because of a shitty person. The hate on Elon Musk now is all over, before we admire him and we thought he is god, but because of what he did, the market dump and lots of people are disappointed.

Isn't it a bit narrow-minded to make him responsible for a declining market? Why did you follow the hype in the first place? If you say he took Bitcoin from on price to another and then down again, what exactly did he do wrong? Why not just fully ignore him and let him do his thing and everyone else does their thing?

Woodie

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Quote from: virtualdn on April 17, 2021, 04:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

There was a time i would look forward to see what he has under his sleeve after he announced his bitcoin invest but now that his doing it aggressively for dogecoin am not a follower anymore because this guy crashed the market.

Quote from: virtualdn on April 17, 2021, 04:40:40 AM

BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

For a guy with big pockets, those tweets do carry weight and his built abcommunity that don't miss all this action and usually react to it.

wallet4bitcoin

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Elon musk invest in btc, then he completed some step to increase price of btc. And i think now he sold his btc (Not sure). Yes, That was a trap for traders specially for newbies. Doge pumped too much for his hype. But, I don’t know what will happen in future.
Cryptocurrency is playground for rich people. -2

ropyu1978

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elon musk made bitcoin enthusiasts disappointed, elon musk also made a lot of people hate him, because his tweets on twiter made bitcoin prices fall``
But I firmly believe that other millionaires will come like Elon Musk, to criticize Elon Musk ..

bosede1

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He who laughs last laughs best it is their time now, just waiting for the same Elon musk to criticized or finds fault in this same dogecoin in the long run. In my little corner, I am just observing the trends in which all this leads.

Distinctin

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Quote from: BobK71 on May 18, 2021, 06:33:49 AM

Quote from: Ecol on May 17, 2021, 03:15:39 AM

Elon is speculating to collect more bitcoins. I think at some point he will do his best to increase its price. A lot of people actually lost money. Elon be careful.

I also lost my some money. I fuck Elon Musk. Someone make a Altcoin name of Fuck Elon Muck.
https://bscscan.com/token/0xd2602dbb063627b80d5ae671007900f558c49e35

lol.. a shitty coin created because of a shitty person. The hate on Elon Musk now is all over, before we admire him and we thought he is god, but because of what he did, the market dump and lots of people are disappointed.

BobK71

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Quote from: Ecol on May 17, 2021, 03:15:39 AM

Elon is speculating to collect more bitcoins. I think at some point he will do his best to increase its price. A lot of people actually lost money. Elon be careful.

I also lost my some money. I fuck Elon Musk. Someone make a Altcoin name of Fuck Elon Muck.
https://bscscan.com/token/0xd2602dbb063627b80d5ae671007900f558c49e35

Pbacala

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Just hoping that the court will block him again to post these kind of tweets all the time

ven7net

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Quote from: virtualdn on April 17, 2021, 04:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

To avoid such manipulations in the crypto market, one should not rush to draw a conclusion just by reading a message from Elon Musk. If we react so negatively to every tweet or other message from influential people, then we ourselves will lose all our crypto assets simply by selling them. I believe that the crypto community should already distinguish where there is manipulation, and where is real news, but as practice shows, some of the crypto users are still susceptible to provocations and manipulations. Of course, it is very difficult to read such messages from Elon Musk, but you need to understand that he probably does not voice an independent opinion, but other people, for example, to bring down the price of top cryptocurrencies and buy them at a lower price.

Vishnu.Reang

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I hate Elon Musk as much as anyone else here. But at the same time, we need to ask ourselves a question - how is it possible for a single person to manipulate the cryptocurrency market so much, despite having a market capitalization of more than $2 trillion? A decentralized asset not controlled by any individual or entity should not behave like this, right? If such manipulation is still possible with cryptocurrency, then institutions and mainstream investors may refuse to invest in this asset.

Wawa2013

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Quote from: TastyChillySauce00 on May 17, 2021, 06:16:30 AM

Quote from: Mr.Scott on May 17, 2021, 02:46:48 AM

Yeah, exactly. Individuals need to quit talking with him. He is playing with everyone, think about it. He has the power to manipulate the markets, since he adopted it as a business model and he abuses it. He could make significant changes with just one tweet. Be cautious with what you read and get emotional about.

The thing is, despite all what he has done people still follow him regardless but I doubt he will stop his act anytime soon, not until he make thousands percent of profit lol and actually I think many whales just following the flow by taking elon's tweet as a guide therefore why price could dump so fast.
but regardless, many institutional investors still bullish about bitcoin regardless of what elon musk saying, meaning probably many have predicted that the price could climb up again though who knows right?

Elon Musk will continue to manipulate market, so that he can profit from cryptocurrency, therefore stopped responding to what he said on twitter
about Bitcoin. Better to focus on collecting Bitcoin now, because the decline in the price of Bitcoin is a great opportunity to buy Bitcoin.
Because I also believe the institution still believes in the future of Bitcoin, so I believe the Bitcoin price will not drop below the $ 40k price tag.
And there is still a big possibility that Bitcoin price can recover soon and return to above $ 50k price again in the near future.

TastyChillySauce00

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Quote from: Mr.Scott on May 17, 2021, 02:46:48 AM

Yeah, exactly. Individuals need to quit talking with him. He is playing with everyone, think about it. He has the power to manipulate the markets, since he adopted it as a business model and he abuses it. He could make significant changes with just one tweet. Be cautious with what you read and get emotional about.

The thing is, despite all what he has done people still follow him regardless but I doubt he will stop his act anytime soon, not until he make thousands percent of profit lol and actually I think many whales just following the flow by taking elon's tweet as a guide therefore why price could dump so fast.
but regardless, many institutional investors still bullish about bitcoin regardless of what elon musk saying, meaning probably many have predicted that the price could climb up again though who knows right?

Topic: Elon Musk please stop messing up the crypto market - page 2. (Read 3121 times)