Elon Musk got it promoted on mainstream media. This is out of the question. But have small investors suffered from it? Also yes. The problem begins with what goal does musk have and what profit? With Dogecoin statements, it shows me that he likes to fool around. He doesn't always care what he triggers with his tweets. Anyone who has taken a closer look at him in the course of his career will find that he does not always do useful things.
If there are people who know that Musk doesn't always do useful things, why are there still many people who still believe in him and also follow him, because people who are easily deceived by others are because they trust people they don't even know more closely. 
Topic: Is Elon Musk manipulating the market? (Read 3061 times)
Every time Elon Musk talks positively about Dogecoin on Twitter, price per coin goes all the way to the moon. The contrary happens if he talks negatively about it. Most recently, Elon Musk criticized Bitcoin's high energy consumption stating that it's harmful to the environment. This caused Bitcoin's price to plunge all the way to $42k in an instant. It's up to this point, where Bitcoin hasn't recovered back to the $57k - $58k range.
It looks like people make decisions based on someone else's opinion instead of doing their own research about it. Most people follow Elon Musk closely, so anything he says (good or bad) can directly affect the whole crypto market in general. I believe Elon Musk's true intentions is to manipulate the market for his own financial benefit. Who knows if he bought more Bitcoin after prices went down because of his tweet?
What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.
It looks like people make decisions based on someone else's opinion instead of doing their own research about it. Most people follow Elon Musk closely, so anything he says (good or bad) can directly affect the whole crypto market in general. I believe Elon Musk's true intentions is to manipulate the market for his own financial benefit. Who knows if he bought more Bitcoin after prices went down because of his tweet?
What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.
yes it is, he has manipulated the crypto market with his influence in speaking on his social media, so many people are influenced by his tweets on twitter. Apart from being able to manipulate the market, Elon Musk has also created positive value for Dogecoin. I think like that
I definitely think if Elon Musk is always trying to manipulate the market just for personal gain, if only Elon Musk didn't make bullshit tweets then the price of bitcoin or doge would run more normally. But it seems that his bullshit is now not that influential in the market
It might not cause any reaction if he said something in his current tweet. But beforehand what he said will be followed by other investors. Many even ask about buying Tesla with Dogecoin until now. That means there are still many people who are hopeful with Elon Musk's next steps.
yes I think not one hundred percent Elon Musk is cheating the market, because the crypto market so many other billionaires are competing with him, maybe Elon Musk is manipulating the crypto market, he is the richest man so many people can accept his words.
I don't agree that crypto is completely affected by Elon Musk's market manipulation. but i prefer elon musk to participate in giving surprises in crypto, so i think it is elon musk to participate and he becomes the most talked about in the public
Elon Musk made some people panic and changed how the market price from green to red and almost the time he made the red market to green many people made him the key to how bitcoin and altcoin prices came about. but sometimes I'm not sure, but the facts say so, I also secretly monitor what ElonMusk is doing in every tweet.
Every time Elon Musk talks positively about Dogecoin on Twitter, price per coin goes all the way to the moon. The contrary happens if he talks negatively about it. Most recently, Elon Musk criticized Bitcoin's high energy consumption stating that it's harmful to the environment. This caused Bitcoin's price to plunge all the way to $42k in an instant. It's up to this point, where Bitcoin hasn't recovered back to the $57k - $58k range.
It looks like people make decisions based on someone else's opinion instead of doing their own research about it. Most people follow Elon Musk closely, so anything he says (good or bad) can directly affect the whole crypto market in general. I believe Elon Musk's true intentions is to manipulate the market for his own financial benefit. Who knows if he bought more Bitcoin after prices went down because of his tweet?
What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.
It looks like people make decisions based on someone else's opinion instead of doing their own research about it. Most people follow Elon Musk closely, so anything he says (good or bad) can directly affect the whole crypto market in general. I believe Elon Musk's true intentions is to manipulate the market for his own financial benefit. Who knows if he bought more Bitcoin after prices went down because of his tweet?
What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.
Would you believe that Elon Musk has an important role in the crypto world, the extent of his current level of influence, so that every tweet becomes a hot topic of conversation in the crypto world, some even say the price of bitcoin is getting more volatile after he spoke on twitter.
I'm not really sure that bitcoin volatility has an important role for him, yesterday it was true that the price of Dogecoin had gone up, but only lasted a few days, meaning if it is true that he played a big role in the process of rising Dogecoin's price, why did it last so short?
I'm not trying to get into the analysis that Elon Musk is just taking advantage of the situation or manipulating the crypto market for his personal gain, because it's not my domain to interfere, but I'm more interested in discussing the extent of his role in driving up and down Dogecoin prices. very fast.
What to think, when it known to all that elon musk already done such manipulating serveral time and thats only because making more many. He has millions of followers and he is using millions of people'r power indirectly, to fulfill whatever he want. Its clear that he has large contribution behind bitcoin recently halving from $60k to $30k. Even few weeks ago, he tweeted for vote about telsa should accept doge or not! And it is clearly seen that, another manipulation is about to happened soon
Elon Musk got it promoted on mainstream media. This is out of the question. But have small investors suffered from it? Also yes. The problem begins with what goal does musk have and what profit? With Dogecoin statements, it shows me that he likes to fool around. He doesn't always care what he triggers with his tweets. Anyone who has taken a closer look at him in the course of his career will find that he does not always do useful things.
If there are people who know that Musk doesn't always do useful things, why are there still many people who still believe in him and also follow him, because people who are easily deceived by others are because they trust people they don't even know more closely.In short, he is using his popularity and there's no proof yet he is manipulating the market but based on how we see, he is manipulating the market.
Elon Musk got it promoted on mainstream media. This is out of the question. But have small investors suffered from it? Also yes. The problem begins with what goal does musk have and what profit? With Dogecoin statements, it shows me that he likes to fool around. He doesn't always care what he triggers with his tweets. Anyone who has taken a closer look at him in the course of his career will find that he does not always do useful things.
Yes, I agree with you on this concern. Elon musk tweets more about doge madly because he said that doge will beat bitcoin is it possible. Though we know that in crypto currency everything is possible but I think it is impossible. We should know one thing that is in crypto platform every one is the trader here some one will loss and some one will take the profit. Here Elon Musk is not excluding but we have to day that he is the influencer in the crypto market.
I see the cryptocurrency market as big as it is that it is still subject to a lot of fundamental factors. That is why it is easy for market to move when people of influence have a hold on the market and are able to influence price movement.
A lot of people see this as opportunities to make a quick money but, thosr that influence the markets make a lot more money.
So i believe Elon musk actually manipulates the markets for his own personal financial gains and the unregulated nature of the blockchain market helps this to happen
A lot of people see this as opportunities to make a quick money but, thosr that influence the markets make a lot more money.
So i believe Elon musk actually manipulates the markets for his own personal financial gains and the unregulated nature of the blockchain market helps this to happen
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What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.
What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.
Some a people say that Elon Musk is manipulating the crypto market, and until recently I didn't understand what he meant by manipulating the market. Because of the crypto trend in 2017, Elon Musk's name didn't appear in the crypto world, but it's happening exactly as it is now. The price of crypto pumps sharply, and after that it donws. Who did that? And where was Elon Musk then? And why not say market manipulation?
We all know crypto is speculative in nature and what these markets wait for is for someone with a match stick to start the fire, and unfortunately Elon Musk is the person with a match stick these days.
With a few tweets here and there about bitcoin, dogecoin etcetera the markets react with what has been said which is a form of manipulation, of course other kinds of manipulation do exist the most common being the whales use their crypto bags to influence price which isn't what Elon is about .
With a few tweets here and there about bitcoin, dogecoin etcetera the markets react with what has been said which is a form of manipulation, of course other kinds of manipulation do exist the most common being the whales use their crypto bags to influence price which isn't what Elon is about .
Elon Musk is a human being who has the most assets in the world and if he is able to manage it well and execute the strategy he wants, I think that's fine and not a problem, because he also wants to make profits like other billionaires in the crypto space.
Elon Musk knows that people in crypto are looking to make a quick buck, so he manipulates the market for his own benefit. It's why Dogecoin went from being worth nothing to almost $1 (USD) since the beginning of 2021. Bitcoin also enjoyed high gains with an ATH of nearly $60k per coin. Now that Mr. Musk stopped tweeting about crypto/Blockchain tech, the market has stalled. It's yet the day where major cryptocurrencies like Bitcoin and Ethereum are struggling to reach a new ATH. I bet Elon Musk made a lot of profit by pumping Bitcoin and Dogecoin. The current dip makes a great opportunity to buy coins at a discount to sell them at a higher price. Elon Musk knows this opportunity so he's taking advantage of it by spreading further criticism against Bitcoin to fill his pockets with money. I hope the market becomes resilient over time where a single person's comments will not affect crypto's mainstream demand whatsoever. Just my thoughts
Yeh I think Elon Musk is the person which really little bit manipulating the Crypto market.
Because everyone know that he is now world wealthy man so people surely trust on him. So when he tweet about bitcoin or other Cryptocurrency many of people buy them.
While when Elon Musk tweet against Bitcoin many of people sell thier Bitcoin as a result bitcoin price goes down.
So that the thing through which Elon Musk manipulate the market.
Because everyone know that he is now world wealthy man so people surely trust on him. So when he tweet about bitcoin or other Cryptocurrency many of people buy them.
While when Elon Musk tweet against Bitcoin many of people sell thier Bitcoin as a result bitcoin price goes down.
So that the thing through which Elon Musk manipulate the market.
yes I think not one hundred percent Elon Musk is cheating the market, because the crypto market so many other billionaires are competing with him, maybe Elon Musk is manipulating the crypto market, he is the richest man so many people can accept his words.
Elon Musk is a human being who has the most assets in the world and if he is able to manage it well and execute the strategy he wants, I think that's fine and not a problem, because he also wants to make profits like other billionaires in the crypto space. someone like Elon Musk is a sly businessman who has big capital of course what he does is only for profit without caring what will happen to other people, as well as joining him in crypto, I think he only benefits from what he has done and in the same way he has manipulated the crypto market.
It's a very natural trait to happen to everyone, because if anyone had the same abilities as Elon Musk now, I think he would also do almost the same thing as Elon Musk because the human passion is to seek as much profit as possible for himself without looking at other people around him.The way you talk feeds exactly into the hands of people like Warren Buffet and Peter Schiff. They say that Bitcoiners only try to influence others to buy it at a higher price, which then leads them to feel motivated to find an even greater fool to buy at an even higher price. Bitcoin is much more than speculation and we shouldn't influence people to buy it, but educate them to enable them to make an informed decision on their own.
someone like Elon Musk is a sly businessman who has big capital of course what he does is only for profit without caring what will happen to other people, as well as joining him in crypto, I think he only benefits from what he has done and in the same way he has manipulated the crypto market.
It's a very natural trait to happen to everyone, because if anyone had the same abilities as Elon Musk now, I think he would also do almost the same thing as Elon Musk because the human passion is to seek as much profit as possible for himself without looking at other people around him.
yes I think not one hundred percent Elon Musk is cheating the market, because the crypto market so many other billionaires are competing with him, maybe Elon Musk is manipulating the crypto market, he is the richest man so many people can accept his words.
someone like Elon Musk is a sly businessman who has big capital of course what he does is only for profit without caring what will happen to other people, as well as joining him in crypto, I think he only benefits from what he has done and in the same way he has manipulated the crypto market.
It's a very natural trait to happen to everyone, because if anyone had the same abilities as Elon Musk now, I think he would also do almost the same thing as Elon Musk because the human passion is to seek as much profit as possible for himself without looking at other people around him. Jump to: