Topic: Is Elon Musk manipulating the market? - page 3. (Read 3061 times)
Elon musk is just trying to make more money the easiest way that's why he choosed doge coin over BTC and ETH, I know many are going to hate him for it but if we all find ourselves in same position we will do the same thing
Musk at the last online conference "The B Word" confirms that he personally owns BTC, ETH and Doge, he also says that both SpaceX and Tesla own BTC and they do not sell.
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.
I think Elon Musk is trying to maneuver, hoping he can move Dogecoin, but can we believe that Elon Musk has an important role in raising the price of Doge or lowering the price of BTC, isn't the concept in business that the higher the demand the higher the selling price.
I think Elon Musk is just trying to bluff and manipulate the crypto market under the pretext to increase his profits personally, crypto can't be linked to one person because of his existence, if the influence is big then the chance to drop Btc price is much more profitable, and why not just do it?
There is a desire that Elon Musk does not convey to the public about his tweets, I see this for personal interest, but what he does there are two possibilities that occur, first people think Elon Musk has an important role in Crypto, second is to beat the market, then people need like Elon Musk to undercut the price of the coin.
So there are people who feel benefited from this incident, one example is people who invest large amounts of doge when Elon Musk criticizes in various media, then the price of coin doge goes up meaning they benefit financially, but overall we don't see that big of an effect his criticism.
Yes of course Elon Musk is manipulating the market.. He always shilling dogecoin and it successfully pumped, and remember that he tweeted about tesla will not accept bitcoin after he tweeted the price of bitcoin went down.. Elon Musk is a manipulator.
His tweet is more or less relevant in the market right now, he has lost the trust entirely unlike before, the market will bounce back stronger than before, there are lots of other manipulation from other whales, I think it's high time the market is being regulated, severe Fud from the press just to buy at the dip, and there by releasing a bullish news all prone to manipulations
Yes of course Elon Musk is manipulating the market.. He always shilling dogecoin and it successfully pumped, and remember that he tweeted about tesla will not accept bitcoin after he tweeted the price of bitcoin went down.. Elon Musk is a manipulator.
His tweet is more or less relevant in the market right now, he has lost the trust entirely unlike before, the market will bounce back stronger than before, there are lots of other manipulation from other whales, I think it's high time the market is being regulated, severe Fud from the press just to buy at the dip, and there by releasing a bullish news all prone to manipulationsBoth sides are prone with manipulators, they know what they've doing and they will continue enjoying the luxuries since people are not learning the right ways of investment.
Always stay away from any news that affects the market and rely with how you understand the situation. Manipulation starts once the
whales see the opportunities, if everyone are aware of that and will keep on their own assessments,
the power of whales will have no direct impacts and chances of changing their positions are very high.
Yes of course Elon Musk is manipulating the market.. He always shilling dogecoin and it successfully pumped, and remember that he tweeted about tesla will not accept bitcoin after he tweeted the price of bitcoin went down.. Elon Musk is a manipulator.
His tweet is more or less relevant in the market right now, he has lost the trust entirely unlike before, the market will bounce back stronger than before, there are lots of other manipulation from other whales, I think it's high time the market is being regulated, severe Fud from the press just to buy at the dip, and there by releasing a bullish news all prone to manipulations
Elon Musk will talk about Bitcoin with Jack Dorsey and other participants as part of the "Word B" conference on an online panel that is scheduled for July 21. https://www.thebword.org/c/the-b-word
I, for one, have a different viewpoint; admit it or not, Elon has his own allure, with both positive and bad tweets influencing the market price. If you pay attention, this is more for businesses that need quick cash to prepare for the execution of structural or non-structural work that will be completed once the contract with the owner is signed.
Yes of course Elon Musk is manipulating the market.. He always shilling dogecoin and it successfully pumped, and remember that he tweeted about tesla will not accept bitcoin after he tweeted the price of bitcoin went down.. Elon Musk is a manipulator.
He is definitely manipulating the market, but it is very hard to prove that he is gaining from this manipulation. He has already made it clear that he don't own any BTC or DOGE. So we can't argue that he is manipulating the markets for his own benefits. But that doesn't rule out the possibility that Elon is indirectly benefiting from the manipulations. For a billionaire like him, it won't take much time to purchase cryptocurrency anonymously through shell companies. The ownership will remain hidden, as these companies are set up in offshore tax havens such as Cayman islands.
If Elon Musk or an influential celebrity tweeted, everyone might consider following the decision, but now if Musk tweeted again, everyone might not care, only a small part of his fans will to support his decision, there are still two days left on the 21st, and we will see what Musk tweeted at that time.
I agree with you, but whether Elon Musk's tweets on twitter have a big impact on Bitcoin, I haven't found any accurate evidence of Elon Musk's big influence on Bitcoin.
Well, He have that big impact not on Bitcoin but on the whole crypto market, You can see it's impact on some altcoin especially meme coin like Doge Or Shiba, The price rise more than 10x. He was the billionare and internet celebrity too, He have the power to move or manipulate market with his audience for sure but for now it's only for non-crypto people i suppose since last his decision really give negative impact to the crypto market & community. 
I don't think it's that bad, besides, i think there are some big whales using Elon Musk's tweet to manipulate the crypto market, not Musk. This is what we called celebrity effect, but do not worry because of one day it will fail. IMO, this round of Bull has three hypes: DEFI, NFT, Elon Musk.
If Elon would not benefit from his tweet, why would he keep tweeting? He knows that his influence is big, his statement can make the market move and that means he can manipulate the market.
Of course, we can never prove he is manipulating the market, but the way I see it, he is probably manipulating the market now.
Think this way, he is a billionaire, he has all the resources to move the market, and his tweet is very influencing.
I don't think it's that bad, besides, i think there are some big whales using Elon Musk's tweet to manipulate the crypto market, not Musk. This is what we called celebrity effect, but do not worry because of one day it will fail. IMO, this round of Bull has three hypes: DEFI, NFT, Elon Musk.
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.
I agree with you, but whether Elon Musk's tweets on twitter have a big impact on Bitcoin, I haven't found any accurate evidence of Elon Musk's big influence on Bitcoin.
However, I followed the posts on twitter and other media, people are very sure the price of bitcoin will drop after his tweet, can friends give a little reference, that Elon Musk's role is big in the next few days to answer my doubts .
It's true that Elon Musk manipulated the market to profit financially, considering what he was doing was theory influencing people to distrust. This means that there is some kind of concept that wants to be done to destroy the price of the coin, then when the chaos occurs he will buy the coin on a large scale.
I think yes, it is very possible for Elon to manipulate the market, and he is the sole investor, I think stop following Elon's words, because Elon has made too many disappointments, his words are always inconsistent, which makes the crypto market go up and down
Many people disappointed with Elon Musk right now and try how to kill this person because make them loss much in Doge coin and now dump to lower price, I think never try to buy hype coin where advertising by Elon Musk, just growing up few second and then coin dump under your expectation. Make doge coin as your learning for later if Elon Musk make new tweet with new coin again and keep careful for entry or not.
It seems that the latest tweets from Musk still continue to affect the meme token rate, as it happened after the mention of the Loki series consonant with Floki pushed the price by more than 90%.
there are 2 points of view that I can give to Elon Musk, in the first point of view the presence of Elon Musk in crypto can provide a positive value, but on the other hand he is just a selfish person who only thinks about his personal gain to increase wealth. From both points of view I conclude that Cryptocurrency will continue to improve even though Elon Musk is no longer participating in it
Elon Musk in my opinion is a very influential person in the crypto market. And I agree that every time he issues a statement it will have an impact on the price of the coin. From my observations, Mr. Musk is a Doge lover. If anyone thinks that he is just manipulating the market, to me, that's his greatness.
there are 2 points of view that I can give to Elon Musk, in the first point of view the presence of Elon Musk in crypto can provide a positive value, but on the other hand he is just a selfish person who only thinks about his personal gain to increase wealth. From both points of view I conclude that Cryptocurrency will continue to improve even though Elon Musk is no longer participating in it
Elon Musk in my opinion is a very influential person in the crypto market. And I agree that every time he issues a statement it will have an impact on the price of the coin. From my observations, Mr. Musk is a Doge lover. If anyone thinks that he is just manipulating the market, to me, that's his greatness.
I think he is having fun with the market. As you can see he is supporting a lot of random mem tokens. For example mom doge, damn it's sick Only a sick person will do it having such a huge power and influence on the market.
Only a sick person will do it having such a huge power and influence on the market. 
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.
there are 2 points of view that I can give to Elon Musk, in the first point of view the presence of Elon Musk in crypto can provide a positive value, but on the other hand he is just a selfish person who only thinks about his personal gain to increase wealth. From both points of view I conclude that Cryptocurrency will continue to improve even though Elon Musk is no longer participating in it
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