Topic: Is Elon Musk manipulating the market? - page 14. (Read 3041 times)
Elon is indirectly taking advantage of his followers and use his tweets to manipulate and influence their decisions towards crypto, he wants his followers to see dogecoin as 'the peoples coin' even if it means discredit btc in the process, he may not be directly manipulating the market but his tweets are causing damage.
Not only Elon but the whales who followed him.
Elon is very popular, of course, it's normal that people will follow his call or his favorite coin, which is DOGE.
Every time he talks, people follow, that's blindly investing and that's the reason why newbie investors lose money in a situation like this.
The only way to be able to manage the risk is to be smart, and it's not Elon's fault if people will follow as he also has his interest, for him this is just a game, and if we play his game, he will certainly be the winner.
Elon is very popular, of course, it's normal that people will follow his call or his favorite coin, which is DOGE.
Every time he talks, people follow, that's blindly investing and that's the reason why newbie investors lose money in a situation like this.
The only way to be able to manage the risk is to be smart, and it's not Elon's fault if people will follow as he also has his interest, for him this is just a game, and if we play his game, he will certainly be the winner.
Most people will say yes to this. Because there are many actions of his which can be shown as a proof for it. I hope that he won't continue to manipulate the market forever. It hits the investors really hard.
it could be that new investors are starting to get dizzy on a path they can't figure out. everyone has different predictions about the coins they hold so it is best if you have faith in yourself to hold onto what you have. although Elon Mask makes things like that maybe the knowledge that you can get. You can just filter out what to do for complete disbelief because it drives people crazy. like a creator who can correctly predict what will happen in the next year.
Most people will say yes to this. Because there are many actions of his which can be shown as a proof for it. I hope that he won't continue to manipulate the market forever. It hits the investors really hard.
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.
He tried every way to manipulate and managed to convince the mass to believe him. The majority began to believe that the doge is one of the strongest project on the market because of Musk. Those who want to invest now are looking for Musk assurance. lolIt 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.
Most importantly he does everything consciously and still does not stop.
I do not think that Elon Musk manipulates the cryptocurrency market, but since there are so many big players watching all the actions of Elon Musk and Elon Musk constantly writes some messages about cryptocurrencies and when big players see various messages about cryptocurrencies on Elon`s Musk Twitter profile, then immediately this cryptocurrency about which Elon Musk wrote begins to grow in price and therefore, to some extent, Elon Musk is a manipulator, but he by himself does not participate in this.
He's trying to. I'm sad that it works. It's like a domino effect whenever he puts little words in Twitter. His followers starts to do what he input there and the market reacts. For me, it looks like a cult already. Sorry for the bad comparison for the Musk's supporters here but that's how it just looks for me.
I don't like the idea of someone giving orders and others keeps on following it. With Bitcoin no one was like that. It had even been bashed by FUD's and bad images in news and social media but it still stands. It's an individual view though.
I don't like the idea of someone giving orders and others keeps on following it. With Bitcoin no one was like that. It had even been bashed by FUD's and bad images in news and social media but it still stands. It's an individual view though.
I think it's not just elon, i'm sure he have the whale community that ready to pump and dump the price everytime he's going to make a good news or bad news on his tweet. The amount of coins that whose whales have is definitely huge and it must make the market move, and their targets are the one whose panicking when seeing the market red
I also think that Elon Musk is manipulating the market. I understood it better when he decided to stop accepting Bitcoin on Tesla sales and gave a hilarious reason for it. But I don't understand why he is doing this. What is his profit in this? Tesla are in a huge loss also as they made a huge investment into Bitcoin in the end.
Since Elon Musk became the world richest man and put his interest in crypto! Many people are now following his tweets without even making their own researches, many people believes in him that's why anytime he makes a tweet, the market moves in his favour, but I think with time people will no longer regard his tweets anymore, he uses his influence to manipulate the market since he knows his followers will always do what he says, without his followers he can't manipulate the market anymore, if people ignores he's tweets the market will not move in his favor. Just so bad that the masses are just following a man's decision.
Well for me yes he is manipulating the market he knows that he would create an impact by doing it and using it to gain profit.
And it isn't just his fault his followers should also get blamed for it they are doing what he wants that is why he keeps on manipulating,
I think if people stop on listening to him and giving shit about his tweets or every moves this guy would eventually stop.
And it isn't just his fault his followers should also get blamed for it they are doing what he wants that is why he keeps on manipulating,
I think if people stop on listening to him and giving shit about his tweets or every moves this guy would eventually stop.
When will topics "Elon Musk is a manipulator", "Elon Musk destroyed Bitcoin" stop to appear? While everyone is blaming Elon, China managed two times during this week to ban and put strict limitations on cryptocurrency. People, wake up. Elon sure has powers, but he dropped Bitcoin price only to 50k, everything other is China consequences.
He has become a manipulator because we follow his lead and his tweets, if we all stopped listening and following all his advice we are still good and Bitcoin should be heading to $60k, we are going to survive this, we have survived the China FUDS we can easily survive this too, we just need to be mature and do what is right.
When will topics "Elon Musk is a manipulator", "Elon Musk destroyed Bitcoin" stop to appear? While everyone is blaming Elon, China managed two times during this week to ban and put strict limitations on cryptocurrency. People, wake up. Elon sure has powers, but he dropped Bitcoin price only to 50k, everything other is China consequences.
Ya she had a ton of money so she had capability to manipulating the market. Firstly, when elon entering the market i'm verry happy about that because he say good words about cryptocurrency and right now he keep talking sh*t about btc, i really hate this man right now!!
Really bad what Elon Musk did by manipulating the market,I don't know what Elon Musk aims to do and we'll see what he will do next,
I think many people hate it as much as you
I do not know what people think about Elon now after what he did to them, but I hope that people now realize and see the truth. But he can still do the same thing as before because we never know what he will do next.
price move according to his tweet is a sign that he manipulate the coin . he dump btc but we are not sure if he bought btc after it because the price would have start recovering now but it wasnt .
i guess musk leave btc for a while and foccus on manipulating doge .
if he got tired in doge he will do the same thing as btc and he can come back to buying more btc before he make a positive tweet but with or without this guy i can still continue like i did before .
i guess musk leave btc for a while and foccus on manipulating doge .
if he got tired in doge he will do the same thing as btc and he can come back to buying more btc before he make a positive tweet but with or without this guy i can still continue like i did before .
Ya she had a ton of money so she had capability to manipulating the market. Firstly, when elon entering the market i'm verry happy about that because he say good words about cryptocurrency and right now he keep talking sh*t about btc, i really hate this man right now!!
What is he talking about BTC for at this point? Is it because the price of BTC has fallen and is also followed by all the other Altcoins including Dogecoin which he glorified a while ago? now there are many people in crypto who hate it.
The conspiracy theory was introduced by the CIA who knows when for what? To ridicule at the root of any reasonable inference. And when they start talking about world government, everyone says oooo conspiracy theory hahaha morons. But no one looks at the facts. Ha-ha-ha.
At some point, considering his influence and the money he has Elon Musk has control at manipulating the market. Nevertheless, we cannot blame to him all the things that are happening in the market right now, let us not disregard the fact that China is currently planning to ban bitcoin at the moment and it impacted a lot on bitcoin's price. The dip or the correction we are currently experiencing is just normal but let us notice the pattern and the reason of all the fuss that is going so that we can have the idea of what's best to do.
Elon Musk is absolutely manipulating the market. He can affect the price of a cryptocurrency even if he just tweets about it. And the latest incidents also damaged the market surely. Tesla's decision caused BTC price to fall sharply.
Ya she had a ton of money so she had capability to manipulating the market. Firstly, when elon entering the market i'm verry happy about that because he say good words about cryptocurrency and right now he keep talking sh*t about btc, i really hate this man right now!!
Really bad what Elon Musk did by manipulating the market,I don't know what Elon Musk aims to do and we'll see what he will do next,
I think many people hate it as much as you
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