Elon Musk Tweeting Power gone - page 2.

BuNga_cute

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Quote from: steampunkz on June 04, 2021, 11:02:37 PM

I don't know whats Elon is thinking right now because change his profile picture again to this one, Is he trolling again with bitcoin, But I am seeing it has no effect now on bitcoin's latest price now. Maybe many people now are tired of following his reckless tweet.
On the other side, it is good to see the current crypto market is going green this week

Elon Musk never gets tired of trolling, even though all of us as the crypto community are tired and don't care about anything Elon Musk does on twitter.
Now it is slowly seen that the effect of Elon Musk's tweets has lost its power. Because sooner or later everyone has started to realize the manipulation
by Elon Musk, Elon Musk should have realized that and stopped trolling. Regarding the performance of the crypto market, this week experienced
a slight increase, but as long as Bitcoin hasn't managed to rise above $40k, it's hard to expect a bullish crypto market again.

freedomgo

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It seems like it's gone already.

People learn from their mistakes, and they don't believe in Elon, maybe there are some who still believe but eventually, they will learn.
What's important is that his tweet does not create a lot of speculation anymore and it' has little to no effect on the market.

he is a billionaire, he can be a whale, but if he can't anymore manipulate the market, then good.

Nightz

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Quote from: Stalker22 on May 23, 2021, 04:46:26 PM

Quote from: Nightz on May 23, 2021, 03:32:35 PM

Right now it is worse than a zero sum game as the support for all coins drops so quickly. Musk won't impact the market by a lot right now as it can't even get much worse. We'll see how he reacts over the next few weeks and whether the market will ignore him or still follow whatever stuff he is going to talk about.

This is much bigger than Musk now. Musk may have driven the price down, but news from China triggered a sell-off. My mistake was to believe that because institutional investors are involved, this bull run is different from previous ones. It'll probably stabilize in a few days, but any Musk's reaction is unlikely to have a very big impact.

Are you referring to the mining ban the Chinese government wants to go for or what specifically? There were so many threats from China in the past. In this case it is weird because they attack an industry that is within their own borders and is quite typical for China. Building grids and chips and so on, but I heard they are mad because of the carbon footprint that's produced partially from coal. Overall this sell-off is more than just Musk's words, yes.

steampunkz

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I don't know whats Elon is thinking right now because change his profile picture again to this one, Is he trolling again with bitcoin, But I am seeing it has no effect now on bitcoin's latest price now. Maybe many people now are tired of following his reckless tweet.
On the other side, it is good to see the current crypto market is going green this week

nurilham

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Quote from: FIFA worldcup on May 22, 2021, 06:56:08 AM

Sooner or later, his tweet will have no effect on the prices.

There will be always an effect on the prices, but it should be getting weaker. Elon Musk is a popular person in the world, he has many followers on social media. It is quite difficult to make all people be aware of the risks of following Elon tweets. I am sure that there are a few people to stay following him. Even if they know Elon isn't a good man, but they must think of trying luck following him.

Expecto

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His tweeting power is still not gone. He affected Bitcoin price badly by just one tweet today. I really don't believe that his power will be gone anytime soon. As long as he is an influential person, nothing will change.

Cvetik56

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As we can see it's not gone yet. I didn't think he'll be able to make such an influence again wtf.

oemar bakrie

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I follow on social media. Elon, and indeed has a great influence on the rise in crypto prices, as an example has happened because many people have benefited greatly, but it's only for a short time because people don't always have social powermedia,, judging by twitter, Elon feels sad emoticon towards bitcoin..

lepbagong

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Quote from: angrynerd88 on June 03, 2021, 03:50:54 PM

Agreed,People follow you but when they know the reality and you dont act like as your words.Still mature traaders use own analysis rather blindly faith on anyelse.No one considers that he might be trusted any longer as this issue raises which makes a few individuals get freeze and misfortunes their cash due to the sudden drop. What Elon Musk can do is fair an case of how controls still exist. This situation may now not halt as long as the market invites everybody,but just follow your own research to be successful in crypto market.

Everyone should not always be lulled by the words of someone like @elonmusk, because what he says clearly has certain goals that ultimately only benefit him and the company he manages. but unfortunately there are still many followers who are deceived by what was said which resulted in them now experiencing and regretting it.

if only everyone could refrain from doing something that could disrupt bitcoin with excessive activity from people who could be tricked, obviously nothing would happen that we don't want. let's learn from this experience and don't trust such people anymore, it's better to analyze yourself and do what we believe.

Bitcoin-Eco

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Quote from: Fatunad on June 03, 2021, 03:47:17 PM

Quote from: Bitcoin-Eco on June 03, 2021, 03:31:19 PM

The Richest person on the planet.... Will always have power. Tweeting is the least effective

And now some tweets did result into problems. Cheesy

https://www.wsj.com/articles/tesla-failed-to-oversee-elon-musk-s-tweets-sec-argued-in-letters-11622582765
SEC watchdog says two Elon Musk tweets violated settlement deal

These thing would give out some lesson for sure and lets see for some possible future tweets.

Elon has the kind of wealth he wont give these a second thought. Wont quite what he has to say. He has the kind of wealth "RICHEST person on earth" that these lawsuits or what not are like parking tickets.

kayiboyu

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I also hope that this power will be gone after some time. Whenever Elon Musk tweets about cryptocurrencies, they are affected by it immediately. I want this to end eventually. Because it is really not fair. We lose a lot of money just because he said something.

angrynerd88

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Agreed,People follow you but when they know the reality and you dont act like as your words.Still mature traaders use own analysis rather blindly faith on anyelse.No one considers that he might be trusted any longer as this issue raises which makes a few individuals get freeze and misfortunes their cash due to the sudden drop. What Elon Musk can do is fair an case of how controls still exist. This situation may now not halt as long as the market invites everybody,but just follow your own research to be successful in crypto market.

Fatunad

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Quote from: Bitcoin-Eco on June 03, 2021, 03:31:19 PM

The Richest person on the planet.... Will always have power. Tweeting is the least effective

And now some tweets did result into problems. Cheesy

https://www.wsj.com/articles/tesla-failed-to-oversee-elon-musk-s-tweets-sec-argued-in-letters-11622582765
SEC watchdog says two Elon Musk tweets violated settlement deal

These thing would give out some lesson for sure and lets see for some possible future tweets.

Ultegra134

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Quote from: xSkylarx on June 03, 2021, 01:01:19 AM

He still has the ability to make something pump from his tweets. This was his tweet yesterday and doge suddenly pump when this was posted followed by coinbase pro listing dogecoin after few hours of Elon's tweet. I think most of his followers that still believe him of dogecoin's potential are newbie in crypto and who don't have any knowledge at all what it really is. We don't know what's the real motive of Elon behind these tweets. For me, I see it as a distraction for people to not buy bitcoin while he is accumulating.

I don't think it's Dogecoin's potential (as a coin) that his followers believe in, it's the thought that another huge hype might occur again, in hopes of it pumping to the moon again. Let's not forget that before Musk's tweets a few months ago, Doge hadn't gone beyond $0.10 if I'm not mistaken. Its value has risen rapidly and that's what his followers are still hoping for.

just_Alice

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Quote from: xSkylarx on June 03, 2021, 01:01:19 AM

He still has the ability to make something pump from his tweets. This was his tweet yesterday and doge suddenly pump when this was posted followed by coinbase pro listing dogecoin after few hours of Elon's tweet. I think most of his followers that still believe him of dogecoin's potential are newbie in crypto and who don't have any knowledge at all what it really is. We don't know what's the real motive of Elon behind these tweets. For me, I see it as a distraction for people to not buy bitcoin while he is accumulating.

Might have been just a coincidence, though. What's in this tweet about the doge or crypto? Also, lately among crypto hodlers there's a lot of hate directed against Musk, there are even jokes and news about it. I think he might be losing his word power due to recent manipulations now, so things can get better soon.

Bitcoin-Eco

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The Richest person on the planet.... Will always have power. Tweeting is the least effective

baeva

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This time will come when hamsters who sincerely believe everything Elon says will disappear in the market. I'll believe more that Elon will be put behind bars faster than his tweets stop affecting the price

Rexler

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Well it's so bad that a man's tweet can actually pump and dump a coin, well it's because he got loyal followers who will always follow up his tweet and make decisions based on he tweets, its certain that many people have started looking away from his shilling because of the destruction he contributed to which caused a massive crash in the crypto market, his recent action made so many of his loyal followers hates him so bad because the crash made many people loose a lot of funds, so this shows he is loosing his tweet power gradually.

bittraffic

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An article didn't claim him to be the only sole cause for the rise of Doge these days however because he explained just yesterday that it's because of coinbase listing. Elon still is one of the most famous personalities in the crypto space.

Regardless of Elon's motive, he made the cryptocurrency market exposed to a certain level where regular people have an idea about Bitcoin.

xSkylarx

hero member

Activity: 2366

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He still has the ability to make something pump from his tweets. This was his tweet yesterday and doge suddenly pump when this was posted followed by coinbase pro listing dogecoin after few hours of Elon's tweet. I think most of his followers that still believe him of dogecoin's potential are newbie in crypto and who don't have any knowledge at all what it really is. We don't know what's the real motive of Elon behind these tweets. For me, I see it as a distraction for people to not buy bitcoin while he is accumulating.

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