Elon tweet again that he is supporting Crypto against Fiat - page 2.

Banulit

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Quote from: coin-investor on May 23, 2021, 06:09:09 PM

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 making another FOMO because I think he accumulated plenty of token especially last time the market goes down. He is really good at created hype, FOMO or FUD because he is one of the biggest whale in the cryptoworld.

usaha jaya

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Although elon musk is a huge fan of cryptocurrencies and a very influential person, he has a fairly biased negative view of Bitcoin, it is still quite clear that he supports the concept of cryptocurrency and it seems that his influence on cryptocurrencies is somewhat diminished, he should repent for what he did by manipulating and deceived his own followers so that many cryptocurrency users suffered.

Japinat

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Quote from: Rimueng on August 11, 2021, 05:51:28 AM

It's nice that Elon musk is tweeting and this tweet seems to be in support of the cryptocurrency market, but I'm personally of the opinion that there's so much factors that could be responsible for the market fluctuations and not necessarily the tweets of Elon musk. The Cryptocurrency industry is bigger than Elon musk

I don't trust him anymore, he is not clear with his principle, for sure his tweet has a purpose only to manipulate the market and since some are still supporting him, he will not stop shilling for a coin that he loves to see pumping again. If bitcoin will rise, we know altcoins will follow, and he also knows that so he already device a strategy that would increase his profit in just a short period of time.

Rimueng

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It's nice that Elon musk is tweeting and this tweet seems to be in support of the cryptocurrency market, but I'm personally of the opinion that there's so much factors that could be responsible for the market fluctuations and not necessarily the tweets of Elon musk. The Cryptocurrency industry is bigger than Elon musk

kaka manteng

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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.

ahmia39

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Quote from: Niobeh on July 22, 2021, 10:49:29 PM

I agree Elon's tweets are relevant and should not taken for granted because he could affect the crypto market with how much crypto he and his companies worth.Because he is influencial, his decisions will affect many investor's decisions. If he goes Crypto, then many would him.

Yes, and some of his close friends are also professional investors so the influence on his tweets is still very large for the public and cryptocurrencies, so it certainly can't be underestimated when he says something through his tweets.

Niobeh

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Quote from: coin-investor on May 23, 2021, 06:09:09 PM

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 agree Elon's tweets are relevant and should not taken for granted because he could affect the crypto market with how much crypto he and his companies worth.Because he is influencial, his decisions will affect many investor's decisions. If he goes Crypto, then many would him.

ahmia39

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Quote from: Sanitough on July 21, 2021, 04:31:47 PM

Everyone company has that goal, but Elon's journey in crypto is just all by himself, he can use his company a bit but he is tweeting not as Tesla but he himself being as a shill. He already makes money from people with small knowledge about crypto as they'll just blindly follow him, and he will not stop as long as he continues making money since there's no legal obligation or violation that he will have to face of what he is doing.

It's true, Elon is also a human being who is free to do anything as long as it's not a criminal, so the way he makes profit is his full right and people who believe in Elon Musk are also completely innocent because it is his own personal decision even though one day they will be harmed by the strategy the Elon.

MoneyJ

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Crypto is a peoples' money. One individual can't just influence the market with series of tweets. The ecosystem itself is sustainable to hold its values. The technology and its mathematical executions are such a technological marvel. So whether a famous individual tweets for or against it doesn't matter . Mass adoption will take cryptos to the next level.

NewRanger

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Quote from: blockman on July 21, 2021, 05:47:38 PM

Again, another one. I think I've seen the news that says he's won't dump but for sure he's going to pump. I guess that's all about bitcoin and Tesla's decision to accept bitcoin again that might very soon. We know if this happens actually, it's good news that we're all done with all of the good assumptions coming from him and his company. We're all done with his childish play with the market and how he's manipulating almost everything from it.

he said will resume bitcoin acceptance in tesla based on video that shared in twitter ( https://twitter.com/DocumentingBTC/status/1417910853005946895?s=08 ) . This will be good step when he clarify has bitcoin , either with tesla and spaceX. it could drive investors confidence to start buying bitcoin and whales will like this news . They got alot cheap of bitcoin from weakhand.

blockman

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Again, another one. I think I've seen the news that says he's won't dump but for sure he's going to pump. I guess that's all about bitcoin and Tesla's decision to accept bitcoin again that might very soon. We know if this happens actually, it's good news that we're all done with all of the good assumptions coming from him and his company. We're all done with his childish play with the market and how he's manipulating almost everything from it.

nurilham

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Quote from: TribalBob on July 20, 2021, 06:19:59 PM

Elon can tweet anything, but his current tweets have no effect on crypto

I don't think so. His tweets still have the power to influence crypto market or the price of certain crypto coins, but it is not as big as before. We must admit that Elon Musk is a big person who has ability to attract the public or change people's mindset. We already saw it on Dogecoin, that coin really increased much because of the power of this man. But for now, it is not as effective as in the past because people know Elon Musk is playing with us only.

Sanitough

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Quote from: ahmia39 on July 21, 2021, 02:24:13 PM

Quote from: Gayong88 on July 20, 2021, 02:22:21 PM

I also wonder what Elon Musk really wants. although we know Elon has high talent in various fields.

What Elon Musk wants is only one thing, namely profit for himself and his business, because that is the goal of many of the strategies he creates at this time, so don't be surprised at Elon Musk.

Everyone company has that goal, but Elon's journey in crypto is just all by himself, he can use his company a bit but he is tweeting not as Tesla but he himself being as a shill. He already makes money from people with small knowledge about crypto as they'll just blindly follow him, and he will not stop as long as he continues making money since there's no legal obligation or violation that he will have to face of what he is doing.

Saidasun

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Quote from: TribalBob on July 20, 2021, 06:19:59 PM

Elon can tweet anything, but his current tweets have no effect on crypto, like words of speech are prayers and his tweets on Twitter have destroyed all cryptocurrencies and hard to get back up again, and I'm sure many people don't believe Elon's words

Yes they do and anything that comes out of that mans mouth about crypto will effect the price of all the coins mentioned he is a celebrity which holds a lot of weight in our social media dominated world. MANY people do believe his words as proven a couple of months ago.

ahmia39

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Quote from: Gayong88 on July 20, 2021, 02:22:21 PM

I also wonder what Elon Musk really wants. although we know Elon has high talent in various fields.

What Elon Musk wants is only one thing, namely profit for himself and his business, because that is the goal of many of the strategies he creates at this time, so don't be surprised at Elon Musk.

TribalBob

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Elon can tweet anything, but his current tweets have no effect on crypto, like words of speech are prayers and his tweets on Twitter have destroyed all cryptocurrencies and hard to get back up again, and I'm sure many people don't believe Elon's words

Mistafreeze

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His tweet can not have a significant effect on the cryptocurrency market, even though he keeps on tweeting positively about crypto. Elon Musk had been one of the major social media influencer that had contributed both positively and negatively to the price of the crypto market. He was obviously blamed for the fall of Bitcoin from $65k to below $35k because of his tweet against the continuous acceptance of Bitcoin as a payment system for the purchase of Tesla car, claiming Bitcoin mining is hazardous to humans' habitat.

Elon Musk might be looking for another chance to attract more followers mindsets and investors in accepting his support for Bitcoin and the general cryptocurrency market. His support for crypto is really strange with another motive behind it if he's geniune about his words. He might be having a big project coming up, then looking for supporters and investors that will contribute to his vision and plans of developing his yet to be announce cryptocurrency.

liqidoxgen

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When the market is in a bullish trend, then the statements of any famous person can move the price of any chosen token. When the market is in a long stagnation, and Bitcoin is heading down, no "Elon's Dogecoin" will be able to go against the market.

Fatunad

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Quote from: Gayong88 on July 20, 2021, 02:22:21 PM

I also wonder what Elon Musk really wants. although we know Elon has high talent in various fields.

Yeah, he wont become a billionaire for nothing or lets say if he doesnt really have talent at all and as this market is free for everyone then someone could really decide neither he do get
in or not and now Elon had the history for criticizing bitcoin or crypto as a whole? Who would really be having that kind of positive impressions towards him now? People arent really that dumb
to believe into someone who had been known to be a bit a manipulator kind of person? Yes, this market had been highly reactive on whatever sentiments he do throw out this
is why there are really people who do actively follow whatever words do come out.

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Quote from: Gayong88 on July 20, 2021, 02:22:21 PM

I also wonder what Elon Musk really wants. although we know Elon has high talent in various fields.

He wants to promote his own crypto currency or any altcoin he temporarily patronizes, doing the called market manipulation. No one doubts crypto currency is the future of finances, so it's natural the richest men in the world will try to take some personal advantage from it while throwing anyone around into the fire, if it's the price to be paid in order to achieve their goals.
Not only Musk, but many other personalities of technological field are constantly showing support to crypto currency on their statements, although they don't want anything with bitcoin.

Topic: Elon tweet again that he is supporting Crypto against Fiat - page 2. (Read 1932 times)