Elon Musk really has the ability to manipulate the bitcoin market - page 8.

Sanugarid

full member

Activity: 1442

Merit: 153

★Bitvest.io★ Play Plinko or Invest!

Quote from: YanBitMoney on May 17, 2021, 02:42:26 AM

Haha, just like I said in the previous post, Elon Musk really has the ability to manipulate the bitcoin market, just follow him at least for the moment. But this wouldn't last long; they started to hate him.
At least if you go short, you also have some money. In this market, the more you panic, the more you lose money.
https://medium.com/snapbots-news/snapbots-news-review-elon-musk-suggests-teslas-sale-of-bitcoin-market-drop-again-cb7078dc8f00

Most people use Elon Musk's tweets as an indicator of where should they invest and how much a coin will pump for a short period of time. Technical analysis? There's no need for that, just always be notified whenever Elon tweets about Cryptocurrency lol. He's really influential to the crypto market just by his tweets BTC market price pumps to something unexpected so we should expect something like this would happen.

BayAreaCoins

legendary

Activity: 4018

Merit: 1250

Owner at AltQuick.com

The "Bitcoin market" consists of about... 20 sketchy flip floppy Venture Capitalist (minus the Winkle Voss twins). Try trading Bitcoin today in person... it's basically impossible, but these services will swallow it up

That's not a great market despite being able to get rich off their gay stock market money.

Bitcoin was far better off $100-$1000 traded by a TON of hustlers and a few brave VC's trying to get rich off the drug and prostitution markets.

Bitcoin isn't designed to scale well for the hustlers (centralizedish mining spamming the network to juice people for their fees)... it's great for a few dumb ass people like Jack Dorsey and Co who are willing to pay for everyones fees to withdraw off their shitty sketchy half ass apps.

Bitcoin is long over due for a price correction and some principle changes that accommodate more users on the network without milking them dry miner fee wise.

ropyu1978

hero member

Activity: 1904

Merit: 510

with the large amount of money elon musk, it turns out that elon musk really has the ability to manipulate the bitcoin market, hundreds of billions of United States dollars are lost, after Tesla, Elon Musk announced the discontinuation of using bitcoin to buy Tesla electric cars ,,
but I believe this is only temporary ,, in the future bitcoin will definitely get better again, we just need to be patient bro, we bitcoin fighters will definitely not give up bro

YanBitMoney

jr. member

Activity: 36

Merit: 1

Quote from: Rruchi man on May 17, 2021, 02:51:53 AM

His one word reply "Indeed" has really sent the price further downward. A great opportunity for those who don't have enough btc in their hold to get more, investors on the other hand like this my friend on WhatsApp who is loosing money is screaming for Elon musk to shut up and stop tweeting.

how much money did you just lose? lol

Rruchi man

legendary

Activity: 1498

Merit: 1116

Top-tier crypto casino and sportsbook