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Topic: Elon Musk Tweeting Power gone - page 6. (Read 1283 times)

hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
May 24, 2021, 05:51:00 PM
#95
People are no longer affected by his influence. I thought he might be bitcoin friendly but my guess turned out to be wrong. This Dogefather was the main culprit behind the unusual crash in the Bitcoin market. There is no financial support behind this Dogecoin shit coin, the price of this coin has been increased only by creating FUD by tweeting. Both Dogefather and Dogecoin should be boycotted.
full member
Activity: 1904
Merit: 138
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May 24, 2021, 05:21:46 PM
#94
Even the ongoing market movements were out of his tweets. Down is the tweet that has been driving the market bullish, at anytime he'll make some tweet and crash the market. He has got money in his hand and thats the reason he plays with it, without understanding how the common people with small volume holding will suffer.
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It seems that he is trying to revive the market because of what he said towards energy usage of bitcoin mining. I hope he understands now the impact of what he tweets to the public. And a lot of lives are ruined just because of that. And now, he is tweeting about the sustainability program for bitcoin mining to make amends. I believe, his tweeting power is not yet gone, a lot are still following his tweets.
legendary
Activity: 2646
Merit: 1106
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May 24, 2021, 05:05:11 PM
#93
Even the ongoing market movements were out of his tweets. Down is the tweet that has been driving the market bullish, at anytime he'll make some tweet and crash the market. He has got money in his hand and thats the reason he plays with it, without understanding how the common people with small volume holding will suffer.

sr. member
Activity: 1918
Merit: 256
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May 24, 2021, 06:36:22 AM
#92
They've had a bad experience with Elon Musk's tweets, I don't think they want that to happen again, and Elon Musk is hated so much these days.
legendary
Activity: 1610
Merit: 1003
May 24, 2021, 06:02:00 AM
#91
like great man like elon have one chance to boost coin, have chance to change something with just a finger. but, in future, like it cant be happen again. still never know, if that man can make a huge for coin or just stay in that time. people will learn about history, and will never make it happen if the story bad for them.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
May 24, 2021, 05:56:22 AM
#90
We all know that Elon is one of the powerful people in the world every time he posts on tweeter there are a lot happens on the market some of these are the dump and pump of the Dogecoin after he declines the use of the bitcoin as payment for tesla another drop from 57k to 50k and also the decline of the china another downtrend of the market it took another month for the bitcoin to joy ride again into another pump to those people got trick by elon musk for sure there don't get fooled and trust Elon musk anymore.
hero member
Activity: 2562
Merit: 586
May 24, 2021, 05:35:09 AM
#89
Being one of the famous personality around the world, Elon Musk is using his tweets to pump up the doge coin. I can't say that he can dump bitcoin alone with his tweets because there are other big players involve in it too but for dogecoin, he is single handly pumping with his tweets. But this cannot continue forever. Sooner or later, his tweet will have no effect on the prices. I wonder when that time will come ?
Well it’s not going to continue forever, but also I am not hundred percent on whether he alone caused the price to crash this badly. When the price was crashing earlier I saw people who were blaming china for the fall in price. The first thing that happened in China was the blackout Xinjiang which a lot of people have believed also led to the fall of the price of Bitcoin and other cryptocurrencies.

Then apart from that I started seeing news again that China has banned bitcoin again, and a lot of people also blamed the Chinese ban on Bitcoin as the reason why, alongside Elon Musk tweets. So, I wouldn’t say that he’s the only one that caused this to happen. Anything could have happened , and since we all can’t really identify what it is, then we can’t tell what it is that really caused it.
full member
Activity: 452
Merit: 101
May 24, 2021, 05:32:39 AM
#88
I think once he do bad thing then people will don't care about his tweets anymore. He just a human, he can make a mistake. For me he is still a smart person, he know where he can get money. I hope I can get that ability too. I personally don't think too much about his tweets, if I am not wrong he tweeted bad thing about bitcoin but the market condition still good, at that time I was so panic and sold all of my bitcoin but  that is my mistake. Because of that I didn't get maximum profit at the bullish market. After few more tweets and weeks the price started to fall. In my point of view his tweets aren't that powerful to influence bitcoin market.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
May 24, 2021, 04:00:12 AM
#87
here we go again, sometimes at this point I think that the real reason why elon's tweet could be so impactful isn't because people actually watching his tweet 24/7 but because the overwhelming attention he get for people and that allows his tweet to spread across many forums and social media but then again I do agree with his view regarding the fact that crypto is far better than the old fashioned paper money (fiat) or its digital form which soon gonna get abandoned, people with sanity gonna look down at money made out of paper.
full member
Activity: 868
Merit: 150
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May 24, 2021, 02:57:52 AM
#86
He is a lunatic and changes all the time. I don’t deny his influence, nor do I dislike him very much. He is a complete speculator. He is not a believer. What he does and what she says will become In the past tense, I would not believe that global consensus cannot win over one person’s speech
He doesn't need everyone to agree with him, he just needs enough people to do his bidding and things can start to turn around. I wouldn't say that he is lunatic though, more like a genius manipulator because he saw the profits he can make if he were to manipulate the market and he can essentially get away with it since it is a decentralized platform and all we can do is simply watch.
jr. member
Activity: 75
Merit: 1
May 24, 2021, 01:49:27 AM
#85
Whenever Musk tweeted, I knew that the currency price would change this time, but as he began to oppose Bitcoin, I began to resent his tweets, and I thought he was like a fool. , He just posted another tweet just now, saying that Dogecoin will gradually replace the U.S. dollar is like a joke.
legendary
Activity: 2982
Merit: 1028
May 23, 2021, 11:47:17 PM
#84
He's already losing the power, his tweet as of now isn't as impactful as it was when he was still bullish about bitcoin few months ago, even his latest shill that says tesla has diamond hand does next to nothing to crypto and
not even by his shill doge could go against the bearish market. by this alone, he probably not gonna relevant in 5 years ahead though I still appreciate him somewhat making crypto more known among many people.

There are people who really got upset after that last statement on Bitcoin,

Investors and traders who lose a lot of money because of him taking part from Bitcoin, though for sure there are lots of whales
who already satisfied with their profits and start pulling out their invested money out from their crypto investment,.
With him alone against those whales, even he keeps on promoting impacts would not that much anymore.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
May 23, 2021, 11:34:55 PM
#83
He's already losing the power, his tweet as of now isn't as impactful as it was when he was still bullish about bitcoin few months ago, even his latest shill that says tesla has diamond hand does next to nothing to crypto and
not even by his shill doge could go against the bearish market. by this alone, he probably not gonna relevant in 5 years ahead though I still appreciate him somewhat making crypto more known among many people.
member
Activity: 63
Merit: 12
May 23, 2021, 10:44:08 PM
#82
He is a lunatic and changes all the time. I don’t deny his influence, nor do I dislike him very much. He is a complete speculator. He is not a believer. What he does and what she says will become In the past tense, I would not believe that global consensus cannot win over one person’s speech
jr. member
Activity: 83
Merit: 3
May 23, 2021, 10:06:28 PM
#81
Being one of the famous personality around the world, Elon Musk is using his tweets to pump up the doge coin. I can't say that he can dump bitcoin alone with his tweets because there are other big players involve in it too but for dogecoin, he is single handly pumping with his tweets. But this cannot continue forever. Sooner or later, his tweet will have no effect on the prices. I wonder when that time will come ?
I very much agree with your point of view. If Musk continues to post some meaningless tweets, it may be that the influence of his accumulation on cryptocurrency gradually weakens, and he can no longer use Twitter to manage his Doge.
member
Activity: 573
Merit: 30
May 23, 2021, 06:13:00 PM
#80
Fo me, this is one of the reasons why we can tell we are still in the early days of cryptocurrency since 1 twitter personality can make the price move like this.
Elon Musk is like John Mcafee of 2017. But Elon Musk is a bigger person compare to now, that's why we can see really huge effect on the market.

By the way, Elon Musk got another tweet a few hours ago and we saw how the market reacted. Bitcoin pumped around 1-2% after the tweet was published recently.



The fact still remains that the powers in Elon Musk's tweets is gone. You said his tweet resulted in 1 - 2% increase in the price but it used to be a rocket effect on the same price just a week ago. That his market manipulation is ending is a great thing for the Cryptocurrency world.
legendary
Activity: 2716
Merit: 1855
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May 23, 2021, 05:12:55 PM
#79
Now the entire crypto market drops 50% on one tweet? We're all being played.

Why anyone listens to this clown is beyond me.
The decline in crypto prices of up to 50% was also caused by China rejecting bitcoin and expelling miners from China. China makes an excellent FUD. Elon was only the first wave of FUD and then the Chinese followed.
People listen to elon because Elon is a very influential person. We can't deny that Elon still has the power to boost crypto.
sr. member
Activity: 280
Merit: 253
May 23, 2021, 04:52:46 PM
#78
Musk has been a con artist for years - bilking taxpayers worldwide. When one business is about to go broke (Solar City), he starts a new one. Tesla was about to go broke and he started bilking money from Nevada, New York, China, Europe. It's a total ponzi scheme!

Musk is supported by world governments, because his goals support theirs. Taxpayers are paying for it, but because it is "private" (supported by billions in tax subsidies), most are too stupid to realize it.

You know there are dark forces at work when Tesla's stock surges during a pandemic when no one is driving and gas prices are at all time lows. Now the entire crypto market drops 50% on one tweet? We're all being played.

Why anyone listens to this clown is beyond me.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 23, 2021, 04:48:46 PM
#77
Yes, it cannot continue forever and he has to focus with his Tesla shares that has been dumping for months. Why he would focus to a meme coin that has dropped already which he doesn't have the ownership. He's a holder for sure but he doesn't own the whole development of it unlike his company, Tesla, why he shouldn't focus on putting more attention to it to pump it and see how powerful he is in his tweets. I think he knows that many won't buy his Tesla share and it's easier to purchase cryptocurrencies.
Well, perhaps people now are learned after following him, he just used his power for his own interest, he left people behind with a massive loss because of his tweet the price of bitcoin was down. We know that not the reason for the bitcoin price dump, but he has triggered those people because panic selling after hearing those FUD. Especially for those newbies on bitcoin and did not know how it will work, all the aim is just for the profit is a short term, not a long term investment. Perhaps, after this scenario, people will start ignoring him and his tweet will no longer have an effect on the bitcoin price.
I've been seeing people blaming him for their losses. But the part is that, it's also their fault that they've depended on him as their financial mentor that they don't really know personally and they know that it's just pure hype that they're riding.
They should also blame themselves for not doing the simple rule of investing in the cryptocurrency market and that is to DYOR.
legendary
Activity: 1526
Merit: 1359
May 23, 2021, 04:46:26 PM
#76
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.
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