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Topic: Elon tweet again that he is supporting Crypto against Fiat (Read 1932 times)

sr. member
Activity: 1078
Merit: 250
the problem is his followers that will always amplify every shit he posted. assuming his fellowers can reason properly and avoid some insensitive posts he made. i don't think the market will be in the present situation. Also he is allowed to post whatever he wants to post and maybe his friends has filled their bags from the dips. i know well that i will not even make any sale during this dip. the market will always bounce back.
Now the market has bounced back and you can make very wise decisions, because everyone is free to make choices and make very wise moves, just like Elon Musk who can say anything in his tweets because other people have no right to limit him in any way.
member
Activity: 1050
Merit: 10
Looks like we have to have at least 100 more people like Elon Musk so that they have a stronger influence, Elon Musk's top influencers are proven to be able to influence any opinion and policy, and for now we must also actively help Elon Musk's campaign with a simple way, namely retweets .
hero member
Activity: 1344
Merit: 565
Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

Quote
The true battle is between fiat & crypto. On balance, I support the latter.
Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.
I believe after his first tweet that rallied Dogecoin Elon Musk probably thinks he can continue doing what he does and the market will bend to his will. This has proven not to be the case as many more tweets he has put out including the Dogecoin payments for Tesla Mech didn't move the price but he wants to be relevant to the general crypto market.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Just in case Elon is tweeting something bullish again about Bitcoin and cryptocurrencies, I don’t think the growth of the price will be the same as before. During that time when Elon Musk was so bullish about Bitcoin, Dogecoin, etc., it was in super hype mode which influenced a lot to buy Bitcoin while the price is so high.

Sad to say that this experience won’t happen again even if by means of various billionaires tweeting positively about buying Bitcoin. 
member
Activity: 1078
Merit: 12
Maybe the last few days have made cryptocurrencies stay at the $20k level because they made investors optimistic about cryptocurrencies, even today the market is rising again and I'm even more optimistic that 2022 can be better than 2021.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
This is not the first time Elon Musk has caused a stir about Tweet. Elon Musk is directly comparing cryptocurrencies, in general, and fiat currencies around the world that “float” against each other. And by inference, do so about the difference between a fiat currency like the US Dollar and a cryptocurrency like Bitcoin. The fact that Bitcoin was created as a digital alternative to fiat money tops that point. It is precisely designed to combat the limitations and dangers of a fiat-based system, precisely where the real matter is at hand. However Elon Musk can tweet whatever he wants and whenever he wants, we need to stop placing so much importance on tweets about crypto because these tweets have nothing to do with the underlying principles. Cryptocurrency fundamentals are mentioned.


It supposed to be this way. Crypto investors need to forget about Musk and move on with the real value of crypto not alone with Bitcoin but with the whole concept of this market. The industry is designed to coexist with the fiat system. Musk sees opportunities, and he's using his influence to create artificial movement.

If you are investing to crypto, make sure that you are more than willing to take every chance that you see around. Even influential people can trick you out and shake you with their chosen position.

Do your best at sorting the right information to use for your investment.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
There are flaws in every system. Crypto are certainly easier but their fair distribution is always a matter of discussion. One of the reason why people believe in fiat is, it is promoted by the government and central bank. For a crypto to be ahead of Fiat, they need to come from the government. I don't think we'll see privately created crypto replacing fiat anytime soon. Elon Musk on the other hand imagines to create his own world in Mars and he has clearly stated that crypto could be the form of money for Mars colony. If mars colony happens within our life time, it would be a great experiment to observe.
member
Activity: 122
Merit: 10
This is not the first time Elon Musk has caused a stir about Tweet. Elon Musk is directly comparing cryptocurrencies, in general, and fiat currencies around the world that “float” against each other. And by inference, do so about the difference between a fiat currency like the US Dollar and a cryptocurrency like Bitcoin. The fact that Bitcoin was created as a digital alternative to fiat money tops that point. It is precisely designed to combat the limitations and dangers of a fiat-based system, precisely where the real matter is at hand. However Elon Musk can tweet whatever he wants and whenever he wants, we need to stop placing so much importance on tweets about crypto because these tweets have nothing to do with the underlying principles. Cryptocurrency fundamentals are mentioned.
hero member
Activity: 2590
Merit: 644
Elon is a great influencer, he can easily control markets by just tweeting out some text, in my opinion, this is too much he is playing with cryptocurrencies without thinking about the investors and small traders that are trading for years, he is making the experience worst for those traders, he has great importance and huge powers in his hands which in my opinion, he should use those powers for good use and make the environment healthy.

Yeah, we saw how Elon is affecting many cryptocurrencies due to which many people are losing minds. Firstly he was in Bitcoin as we saw his Twitter profile and then he switched to DOGE and we saw how it pumped and then SHIBA. He may be taking this as funny but for the crypto influencers and traders, this is a moment of their profit and loss and Elon musk is continuously disrupting this and creating a massive crowd.
^ He was toxic on the BTC market, he did this for his own because he knows that he can perfectly be doing this due to the reason of creating money and because he know how people will listen to him. For sure, after making FUD he will announce again something good in BTC and then when we are on the top, it is time for him to move his BTC and create money. That is why I already ignored that man behind those walls he was trying to manipulate the price. And feel sad for the people who believe this man saying on Twitter.
newbie
Activity: 392
Merit: 0
Elon is a great influencer, he can easily control markets by just tweeting out some text, in my opinion, this is too much he is playing with cryptocurrencies without thinking about the investors and small traders that are trading for years, he is making the experience worst for those traders, he has great importance and huge powers in his hands which in my opinion, he should use those powers for good use and make the environment healthy.

Yeah, we saw how Elon is affecting many cryptocurrencies due to which many people are losing minds. Firstly he was in Bitcoin as we saw his Twitter profile and then he switched to DOGE and we saw how it pumped and then SHIBA. He may be taking this as funny but for the crypto influencers and traders, this is a moment of their profit and loss and Elon musk is continuously disrupting this and creating a massive crowd.
legendary
Activity: 2226
Merit: 1981
A Bitcoiner chooses. A slave obeys.
Elon Musk is seemingly playing the market and he knows it. So I imagine that whenever he wants to buy, he sends out negative news so he can get some cheap pump-and-dump shitcoin which he sells later at the top. Are people really believing his bullshit? I doubt he even understands blockchain or has researched it. This is all just manipulation for self profit. Don't believe the hype.
jr. member
Activity: 154
Merit: 2
Elon is a great influencer, he can easily control markets by just tweeting out some text, in my opinion, this is too much he is playing with cryptocurrencies without thinking about the investors and small traders that are trading for years, he is making the experience worst for those traders, he has great importance and huge powers in his hands which in my opinion, he should use those powers for good use and make the environment healthy.
hero member
Activity: 2856
Merit: 674
Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

Quote
The true battle is between fiat & crypto. On balance, I support the latter.
Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.
He is one of the great market manipulator that creates either a FOMO/Hype or FUDs but if you know the fundamental and technical analysis in crypto then you dont mind him.

I don't hear more hype from him anymore, or probably people are not biting his words as they got educated already. Dogecoin brings a lot of investors in the market, and as long as DOGE will stay stagnant, people would always look at it as evidence that they are wrong that they got carried away by Elon's hype.
full member
Activity: 504
Merit: 101
Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

Quote
The true battle is between fiat & crypto. On balance, I support the latter.
Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.
He is one of the great market manipulator that creates either a FOMO/Hype or FUDs but if you know the fundamental and technical analysis in crypto then you dont mind him.
member
Activity: 122
Merit: 10
This is not the first time Elon Musk has caused a stir about Tweet. Elon Musk is directly comparing cryptocurrencies, in general, and fiat currencies around the world that “float” against each other. And by inference, do so about the difference between a fiat currency like the US Dollar and a cryptocurrency like Bitcoin. The fact that Bitcoin was created as a digital alternative to fiat money tops that point. It is precisely designed to combat the limitations and dangers of a fiat-based system, precisely where the real matter is at hand. However Elon Musk can tweet whatever he wants and whenever he wants, we need to stop placing so much importance on tweets about crypto because these tweets have nothing to do with the underlying principles. Cryptocurrency fundamentals are mentioned.
jr. member
Activity: 103
Merit: 1
Haha,i think Elon Musk he wants the Bull back, but sadly, the Big Bull is going further and further now. Look what i saw, i saw the Bear is waving and closing to me.
Let me guess, he was trapped in the crypto market, too.

Elon is just tweeted his opinion about crypto due to he has been involving crypto-investment or any crucial other than that. News of Influential people would be impressive sophistication.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

Quote
The true battle is between fiat & crypto. On balance, I support the latter.
Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.

He started speculating strangely, the market increase he did was only to lower the price of the coin in the market, after that he would personally benefit from the results of the speculation, this is not at all wise in dealing with issues with fiat and crypto currencies, I also support balance , not against fiat currency and making crypto more advanced, today anyone will agree if fiat currency can coexist with crypto, not vice versa make the two as opponents in carrying out their respective functions.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
I don't know, but if the hype follows or the whales try to make the tweet real then the price will probably move up because the purchasing power will continue to emerge hearing the positive news, and everyone will follow the move, just as when the good news comes the market will move up and vice versa.
full member
Activity: 966
Merit: 102
Being a popular person, Elon Musk draws attention to the cryptocurrency market with his every tweet, attracting new investments to it. Thinking that for all of us there is more good than harm. The main thing is not to howl at the Moon with him and his Doge.
Hehe, only people who are lazy to research usually believe in Elon Musk because Elon Musk never thinks for others in carrying out his work and never sees who will lose when many people trust his tweets.

I must agree with you. It is given that Elon Musk has enormous influence to the public considering his status, but still people must not bluntly follow his steps without being diligent to the information and repercussions of such decisions. Now, even if his tweets hit thousands of engagements, people must weigh what has been stated and what could have been on the other side.
sr. member
Activity: 1036
Merit: 250
Being a popular person, Elon Musk draws attention to the cryptocurrency market with his every tweet, attracting new investments to it. Thinking that for all of us there is more good than harm. The main thing is not to howl at the Moon with him and his Doge.
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