Topic: Is Elon Musk manipulating the market? - page 15. (Read 3061 times)
I think Elon Musk did it. He and his company told to the public if Tesla will accept Bitcoin payment, but after that they cancel it only for reason Bitcoin mining is not green and not friendly for the world. This reason not make sense because Bitcoin mining already existed for years, and they should be told us about it before accept Bitcoin payment. But in other side, Elon Musk already help crypto market growing. For now as investor and trader, we keep learn about trading management much better and avoid too greedy.
What are your thoughts? Do you think Elon Musk is manipulating the crypto market?
It is clear that elon musk is trying to manipulate the market through his Twitter, and there are a lot of people who believe in it.If the market still has people investing on the advice of others, elon musk is still going on
I also think about you, the popularity that Elon has is enormous, he has influence and a large following who is always monitoring what he is doing, and he sees this opportunity to manipulate the crypto market, with the more people affected the greater the profit he will get.
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!!
I have this feeling now that we are at the mercy of Elon Musk, he has a huge supply of Bitcoin and he can crash the market if he wishes, we are not in a good position right now, a man shilling a meme coin and FUDDING the mother of all coins this is the reason why Bitcoin and the market is going down, we are following a wrong guy, who is doing harm to the community.
Whats is the point of dumping coins bought at 30k crashing market "if he wishes". Yes he can do that ... but what for? Speculating on the market is not easy. No matter if you have 100$ or $100B. If he will crash market by dumping his coins ... he will do that at average price of 20-25k ... he bought at 30k. Will he be able to buyback? Hard to say. At the end of the day he will say as high as market will want to buy ... not as cheap as it is possible to "crash the market". He will sell and than start to FUD not FUD about energy, FUD abount miners still hodling $1B worth bitcoin.
I believe so, if he says negative about Bitcoin and the prices dumps I’m pretty sure that he’s loading up. Now that he knew how influential he is even in crypto ecosystem, he might repeat his steps to take advantage of the situation. There will be time that he will become irrelevant in crypto space if he keeps trolling around.
I think that Elonmusk has only a slight effect on the price of bitcoin, due to other factors that make BTC go down such as it may need correction after the full rise from last December, some say it will go down to Q3 so you have to be strong to hold back when the market is bear, and it will come back rose at the end of the year.
Well Elon Musk is trying to manipulate the market and its all because of his own greed, to make most of his financial benefits. But you're right, Elon does not control the market fully because the recent dip is not just because of the whales but its mainly of the market's due correction so there will be balance in the market's activity. We have experienced the latest bull run and people have made profits already and this time, a healthy correction is currently happening that will open doors for new investors.
Elon is just a big whale who uses his influence in favor to him, and we can called it manipulation. Though he cannot literally move the market but since he's very influential, every tweet he had people interpret it, I slowly believe that Elon is not a good thing here in the market. He can just invest his money without tweeting and hyping any project, that could be the safest way for us to remain on a bull trend this year, but now people knows who's Elon Musk and his motive.
Some of it yes but not totally. I mean, he has huge btc because of tesla so he is considered as one of the btc whales and as we all know most of the coins in the market are interrelated with btc so if telsa will sell atleast half of their btc asset, I think it will have an effect to the market generally.
I have this feeling now that we are at the mercy of Elon Musk, he has a huge supply of Bitcoin and he can crash the market if he wishes, we are not in a good position right now, a man shilling a meme coin and FUDDING the mother of all coins this is the reason why Bitcoin and the market is going down, we are following a wrong guy, who is doing harm to the community.
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He really is, we are good to go if he is not very active in tweeting Dogecoin a meme coin and a supporting coin for Bitcoin he is intentionally trying to make Dogecoin reach the top in the market and trying to bring down Bitcoin, he has become a big market manipulator and it just shows that investors are not yet mature and they are easily swayed by the likes of Elon Musk, we will all go down if we have two Elon Musk harming the community.Maybe it could be that he was preparing himself when the price was low he would buy it up? will this happen? So he continued to manipulate the market with much influence on almost all investors.
Some of it yes but not totally. I mean, he has huge btc because of tesla so he is considered as one of the btc whales and as we all know most of the coins in the market are interrelated with btc so if telsa will sell atleast half of their btc asset, I think it will have an effect to the market generally.
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.
He really is, we are good to go if he is not very active in tweeting Dogecoin a meme coin and a supporting coin for Bitcoin he is intentionally trying to make Dogecoin reach the top in the market and trying to bring down Bitcoin, he has become a big market manipulator and it just shows that investors are not yet mature and they are easily swayed by the likes of Elon Musk, we will all go down if we have two Elon Musk harming the community.
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 i think that Elon Musk had a plan before he made his first tweet about dogecoin, he knew that it will have a big impact if he as one of the richest (or maybe the richest of them all) persons in the world talks positively about crypto for the first time. Then he let Tesla accept bitcoin as payment which increased the positive momentum of the crypto market even more. Than out of sudden he said that dogecoin is only a hustle and Tesla announced that they would not accept bitcoin anymore as payment.
In the end i think Elon musk did damage the whole crypto scene a little but i also think if he continues to tweet about cryptos his tweets will have less and less impact the more he does it because people are alrady used to it.
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.
I think Elon Musk is manipulating the crypto market, he is a celebrity so his words influence people greatly.Elon musk is one of the biggest whales on the market and through manipulation he has made quite a bit of money.
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.
This guy is trying to manipulate the market. Just take a look at his tweet related to the doge coin and you will be seeing that happens dude. It's not only that coz no one knows whether if he already bought the dip or not. He will always reveal it at the end of story. This guy is the worst thing in the crypto.
Even when people calling his tweet as jokes but his tweet gave big impact to the crypto.
What are your thoughts? Do you think Elon Musk is manipulating the crypto market?
It is clear that elon musk is trying to manipulate the market through his Twitter, and there are a lot of people who believe in it.If the market still has people investing on the advice of others, elon musk is still going on
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 he is and he knows it. But has he really said anything negative about Doge? He has said that his tweets are a joke, probably because his lawyers have adviced him to add some kind of disclaimer, probably because he has been buying doge. Markets react to anything he says, even when he talks about something else:
https://investorplace.com/2021/05/starbase-crypto-star-coin-rockets-after-musk-shows-off-unrelated-starbase-sign/
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.
Do you read anything other than Elon Musk's twitter? Probably news about a new wave of cryptocurrency bans in China.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.
When you start thinking, now is the bear market. Market makers want the hamsters to sell their bitcoins, which they bought for $ 60,000, to bring the bull market back into existence. This may take several months.
I don't welcome Elon Musk in this crypto space, meaning that I won't follow any highly influential personal to invest in any crypto, this is an act of been blinded and controlled, after watching McAfee for years? Nah! I have no problem choosing projects myself and I have already achieved my dream in this bull market, I got in when market was down and got out when BTC was struggling at 57k
the influence of protagonists of this caliber is a weak point for the decentralized vision and the nature of bitcoin, unfortunately, however, people who arrive in bull markets are disappointed and tend to sell fear.
Elon Musk started a super bullish market and then tried to contain and scale it with news about tesla and high energy consumption, hence China took the opportunity to launch the attack on BTC.
I don't welcome Elon Musk in this crypto space, meaning that I won't follow any highly influential personal to invest in any crypto, this is an act of been blinded and controlled, after watching McAfee for years? Nah! I have no problem choosing projects myself and I have already achieved my dream in this bull market, I got in when market was down and got out when BTC was struggling at 57k
If not then why is he doing this? I’m sure he’s manipulating the market and there’s no billionaire that would waste his time tweeting about cryptocurrency without a valid reason, he’s making a lot of money on his every tweet. I wonder what would be the next tweet of Elon, it could be “DOGE is useless”, watch out closely.
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