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Topic: Is Elon Musk manipulating the market? - page 5. (Read 3041 times)

jr. member
Activity: 57
Merit: 22
eTitanium [ETIT] www.etitanium.net
June 25, 2021, 11:07:51 PM
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.  Grin
sr. member
Activity: 882
Merit: 250
June 25, 2021, 07:54:48 PM
Today there was a new event of extreme volatility in SHIBA's prices after Musk tweeted that the name of his Shiba Inu dog breed will be called Floki.
Among other things, I have already noticed that tokens also called Floki have been made... a scam behind the manipulation.
he is playing again in market and from Doge case we should learn if trapped here our money will loss. Shiba inu be next subject for elon to make manipulation and unfortunately traders reacted with this tweet. Shiba price didnt pumped alot while elon shill it , and looks like every one carefully and didnt response anymore to him.

full member
Activity: 1092
Merit: 151
PredX - AI-Powered Prediction Market
June 25, 2021, 06:18:01 PM
The anger of the residents of the crypto market has peaked and this is the effect of Elon's tweets arbitrarily manipulating the market in his favour, this deserves to be accepted by Elon as a consequence. He's clearly glorifying doge and trying to bring bitcoin down, he's even tweeted that butcoins are a bad thing.
Elon wants to make big profits from the market especially profit from the shitcoin doge that he holds.


There's no need to blame someone for this even though it's clearly a very bad effect, because the Chinese state has also issued news to limit Bitcoin so that the downside effect can be bigger as it looks now, so stop blaming just one person, even if he has ability for it.
Sepertinya Elon belajar dengan baik dari respon pengikutnya dan investor crypto berdasarkan tweet terakhir tentang crypto, mungkin dia akan melakukan cara lain untuk membuat tren baru tetapi tidak dalam waktu dekat, karena dia perlu mengembalikan kepercayaan orang terutama pengikutnya yang telah kehilangan rasa hormat padanya
wtf....hey dude, go to your local board.

Today there was a new event of extreme volatility in SHIBA's prices after Musk tweeted that the name of his Shiba Inu dog breed will be called Floki.
Among other things, I have already noticed that tokens also called Floki have been made... a scam behind the manipulation.
so Floki will be the next shit memetoken, i think the market became a zoo because of Elon.

sr. member
Activity: 910
Merit: 253
June 25, 2021, 01:28:01 PM
There is not even a need to ask a question like this.  Grin  Of course, he is manipulating the market and I bet he is enjoying it as well. Besides, Tesla has made an incredible amount of investment into Bitcoin. I assume that Elon Musk isn't happy about the current situation. And he wants to make things easier for the market to rise again in the recent times.
well, he has the power for it. the most real coin being manipulated is the Doge. however, currently the price of doge is also decreasing because the price of bitcoin is falling quite deep. well, for now, there has been no significant movement from Elon to make bitcoin prices or doge dumps or pumps. however, it's very clear that the coin's price hike is currently being driven by the posts updated on his twitter.

DOGE now lost nearly 70% of its value from its ATH when Elon Musk was actively shilling it. If I were him I would feel bad, but that guy doesn't feel bad. He also doesn't feel bad for his thousands and thousands of employees who work under bad conditions, low payment and an atmosphere of psychological pressure. Too bad he made fun of people in the crypto scene because some of them are from poor countries who may have trust his words a bit too much.

The guy is a narcissistic clown, how do you expect him to feel anything? I've lost every bit of respect for this clown, I saw his true character and I tell you this guy is a dangerous dude, hopefully people won't forget this because his agenda is long, he still has many things to "implement" for the human race and plans to deceive many.

I must give credit to Jeff Bezos who wants to use his own rocket and fly to another planet together with his brother. I am curious to see when Elon Musk decides to put his own life on the line and use one of his own rockets to go to another planet. So far he hasn't risked anything except for money, and even that is doubtful.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
June 22, 2021, 01:33:10 PM
Is that true that Elon Musk has the capability to control and manipulate the whole crypto market? I doubt it. I think there are other whales behind it and not just Elon. Good to ride on what's happining in the market. Buy more now and hold because market start recovering again after a few dump. It's not a bearish market yet, so hurry up and fill your bags.

Could be. For what I know, there's extreme market manipulation by those who want to get the most out of crypto. Usually, whales and the wealthy are behind the ups and downs. It's good for them, but not good for the average person like you and me. Until the crypto market becomes regulated, we'll keep experiencing "hiccups" along the way. Volatility will persist until everything is put under control. The more crypto/Blockchain tech becomes mainstream, the better it'll be for the stability of the market.

Elon Musk can try to manipulate the market by spreading either negative or positive comments across social media platforms. But people will ultimately decide whenever to follow his comments or not. I wouldn't worry about Elon Musk as long as crypto/Blockchain tech remains decentralized. Just my opinion Smiley
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
June 22, 2021, 05:42:33 AM
The anger of the residents of the crypto market has peaked and this is the effect of Elon's tweets arbitrarily manipulating the market in his favour, this deserves to be accepted by Elon as a consequence. He's clearly glorifying doge and trying to bring bitcoin down, he's even tweeted that butcoins are a bad thing.
There's no need to blame someone for this even though it's clearly a very bad effect, because the Chinese state has also issued news to limit Bitcoin so that the downside effect can be bigger as it looks now, so stop blaming just one person, even if he has ability for it.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
June 22, 2021, 05:21:44 AM
Is Elon still manipulating the said coin? Many weeks have passed since he actively engaged in both Bitcoin and Dogecoin. But I have not heard anything other then the SpaceX coin ads there are frequenting Youtube ad space. If it is true that he is developing his own cryptocurrency, then it will be sure that he will abandon Dogecoin and will be concentrating on his own coin. We can see a massive drop in DOGE and those who bought during the ATH will suffer greatly.
legendary
Activity: 1358
Merit: 1093
June 22, 2021, 05:14:08 AM
There is not even a need to ask a question like this.  Grin  Of course, he is manipulating the market and I bet he is enjoying it as well. Besides, Tesla has made an incredible amount of investment into Bitcoin. I assume that Elon Musk isn't happy about the current situation. And he wants to make things easier for the market to rise again in the recent times.
well, he has the power for it. the most real coin being manipulated is the Doge. however, currently the price of doge is also decreasing because the price of bitcoin is falling quite deep. well, for now, there has been no significant movement from Elon to make bitcoin prices or doge dumps or pumps. however, it's very clear that the coin's price hike is currently being driven by the posts updated on his twitter.

DOGE now lost nearly 70% of its value from its ATH when Elon Musk was actively shilling it. If I were him I would feel bad, but that guy doesn't feel bad. He also doesn't feel bad for his thousands and thousands of employees who work under bad conditions, low payment and an atmosphere of psychological pressure. Too bad he made fun of people in the crypto scene because some of them are from poor countries who may have trust his words a bit too much.

The guy is a narcissistic clown, how do you expect him to feel anything? I've lost every bit of respect for this clown, I saw his true character and I tell you this guy is a dangerous dude, hopefully people won't forget this because his agenda is long, he still has many things to "implement" for the human race and plans to deceive many.
sr. member
Activity: 910
Merit: 253
June 22, 2021, 03:57:38 AM
There is not even a need to ask a question like this.  Grin  Of course, he is manipulating the market and I bet he is enjoying it as well. Besides, Tesla has made an incredible amount of investment into Bitcoin. I assume that Elon Musk isn't happy about the current situation. And he wants to make things easier for the market to rise again in the recent times.
well, he has the power for it. the most real coin being manipulated is the Doge. however, currently the price of doge is also decreasing because the price of bitcoin is falling quite deep. well, for now, there has been no significant movement from Elon to make bitcoin prices or doge dumps or pumps. however, it's very clear that the coin's price hike is currently being driven by the posts updated on his twitter.

DOGE now lost nearly 70% of its value from its ATH when Elon Musk was actively shilling it. If I were him I would feel bad, but that guy doesn't feel bad. He also doesn't feel bad for his thousands and thousands of employees who work under bad conditions, low payment and an atmosphere of psychological pressure. Too bad he made fun of people in the crypto scene because some of them are from poor countries who may have trust his words a bit too much.
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
June 22, 2021, 03:46:07 AM
There is not even a need to ask a question like this.  Grin  Of course, he is manipulating the market and I bet he is enjoying it as well. Besides, Tesla has made an incredible amount of investment into Bitcoin. I assume that Elon Musk isn't happy about the current situation. And he wants to make things easier for the market to rise again in the recent times.
well, he has the power for it. the most real coin being manipulated is the Doge. however, currently the price of doge is also decreasing because the price of bitcoin is falling quite deep. well, for now, there has been no significant movement from Elon to make bitcoin prices or doge dumps or pumps. however, it's very clear that the coin's price hike is currently being driven by the posts updated on his twitter.
member
Activity: 517
Merit: 10
June 22, 2021, 12:39:43 AM
The anger of the residents of the crypto market has peaked and this is the effect of Elon's tweets arbitrarily manipulating the market in his favour, this deserves to be accepted by Elon as a consequence. He's clearly glorifying doge and trying to bring bitcoin down, he's even tweeted that butcoins are a bad thing.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
June 21, 2021, 06:51:10 PM
Elon musk must get karma for his treatment in the cryptocurrency world which is clearly manipulating the DOGE market by taking personal gain.
He deliberately targeted the cryptocurrency market because of the very high volatility and also the economic percentage against the USD is not too large.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 21, 2021, 06:01:52 PM
There is not even a need to ask a question like this.  Grin  Of course, he is manipulating the market and I bet he is enjoying it as well. Besides, Tesla has made an incredible amount of investment into Bitcoin.
He is enjoying it because it's very beneficial to him. He's aware of what such words coming from him do in the market.
I assume that Elon Musk isn't happy about the current situation. And he wants to make things easier for the market to rise again in the recent times.
He is happy in the situation that he's manipulating the market. He might have bought a lot but later he had sold 10% too.
hero member
Activity: 2170
Merit: 528
June 21, 2021, 05:54:56 PM
No, he doesn't manipulate the market through his tweets but all those ideas made several people rant on their assets.

OH, so that's why the SEC is after him and that's why he had to pay a fine to them 2 years ago, because he doesn't do anything wrong and it's all people saying bad things about him.  Wink

Quote
Elon was only speculating, and I believed that he also holds bigger quantity of cryptocurrency.

Yes, he was speculating for his own benefit and at other people's expense.
sr. member
Activity: 1736
Merit: 291
June 21, 2021, 05:19:08 PM
There is not even a need to ask a question like this.  Grin  Of course, he is manipulating the market and I bet he is enjoying it as well. Besides, Tesla has made an incredible amount of investment into Bitcoin. I assume that Elon Musk isn't happy about the current situation. And he wants to make things easier for the market to rise again in the recent times.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 21, 2021, 03:39:40 PM
Elon Musk make many trader and investor panic and he can manipulating of market price, after his tweet many people will panic buy or sell depend what kinds of Elon Musk tweet, I see here many trader can't hold and keep waiting when Elon Musk make bad tweet about bitcoin, they look panic for selling assets although loss much, just few trader keep holding and waiting until Elon Musk back make good news.
But it can't last long, can it?sooner or later, his tweets will lose their power and influence on the cryptocurrency market,and besides, many already have a negative attitude towards him, as they understand that apart from manipulations, he does not bring anything good to the development of cryptocurrencies.
His tweets loss power within few days, and soon after the same he does something else adding the term Bitcoin to it. This way he tries to keep the market moving upward and downward. At some point people have started to make their price predictions based on his statements. This has caused more users to have a better earning out of trading. Now also his statements have impact on the market, because we can't say he's been unfollowed by the cryptocurrency users.
sr. member
Activity: 1204
Merit: 250
June 21, 2021, 03:31:23 PM
He is not manipulating the market, market manipulator is whale. Whale use his tweet as a news to dump their token.
When elon tweet something then whale dump or pump the market base on the tweet. So people will blame elon and its tweet. Another matket dumper probably silk road seller who just going out of jail considering there are many transactions happen from 2012-2013 wallet in May.

Elon Musk made changes to his tweet. First he said that Bitcoin is a digital currency that can be used in Telsa companies. Then he left Bitcoin and sold it in bulk, and by saying that Dogecoin could buy Tesla cars, so people raced to buy Dogecoin, and sell Bitcoin. So what do you think about this kind of tweet?
hero member
Activity: 1246
Merit: 502
June 21, 2021, 03:15:53 PM
He is not manipulating the market, market manipulator is whale. Whale use his tweet as a news to dump their token.
When elon tweet something then whale dump or pump the market base on the tweet. So people will blame elon and its tweet. Another matket dumper probably silk road seller who just going out of jail considering there are many transactions happen from 2012-2013 wallet in May.
sr. member
Activity: 2100
Merit: 309
June 20, 2021, 02:45:00 PM
Elon Musk make many trader and investor panic and he can manipulating of market price, after his tweet many people will panic buy or sell depend what kinds of Elon Musk tweet, I see here many trader can't hold and keep waiting when Elon Musk make bad tweet about bitcoin, they look panic for selling assets although loss much, just few trader keep holding and waiting until Elon Musk back make good news.
sr. member
Activity: 1071
Merit: 253
June 15, 2021, 07:41:13 PM
I think Elon Musk will have a bit of leverage with his Twitter maybe to lower the Btc price but if we get carried away by such news then we will lose and lose a lot of money you invested.

Then what is the solution so that everyone is not affected by the tweets on Elon Musk's twitter account?
because most of Elon Musk's followers today still really believe in the words of Elon Musk.

I think the best way to approach this matter, is if you can't beat them, join them type thing. We can't stop Elon from tweeting what he wants, so why not take advantage of the market whenever he tweets something about crypto? Though he can't manipulate the market because no one can, but he has somewhat big influence in the market and influence how people think about it. And if you are a long time crypto user, I guess by now, how to react on this kind of hype.
that's what i am thinking about, as a long time crypto user i could say that just keep an eye on his tweets also, that can be the cause of biggest profit for most of the people. We should adjust ourselves to the situations and prepare for every up and down.
Also I think that crypto up and down related to his tweets will be for a little time as people will insult their minds from his tweet with time.
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