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Topic: Now tell me if you still believe on Elon Musk. - page 5. (Read 1338 times)

full member
Activity: 902
Merit: 101
Elon is even worse market manipulator than McAfee. I cant understand why there so many fans of him
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I did not follow Elon Musk's tweet from the beginning, I think it's bad enough, because it's just a meme coin, he wants to make it the main crypto, I don't think it's going to happen, It's a risk to follow it, some of my friends also bought doge above. Very bad for following Elon Musk.

If you check his tweets, you can see a clear pattern. It is not that he made all those tweets instantaneously. First he made tweets praising Bitcoin, which made tens of millions of Bitcoiners to rally around him. Once he got their attention, he disowned Bitcoin saying that it is not energy efficient. And then, as per the plan he started promoting Dogecoin. Whales made tens of billions of USD from Dogecoin. Now I don't think that Elon is done here. He will be back with his manipulative tactics, and we need to be prepared for that.
sr. member
Activity: 1918
Merit: 256
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I did not follow Elon Musk's tweet from the beginning, I think it's bad enough, because it's just a meme coin, he wants to make it the main crypto, I don't think it's going to happen, It's a risk to follow it, some of my friends also bought doge above. Very bad for following Elon Musk.
sr. member
Activity: 1218
Merit: 279
From the first time, I never trust Elon or even inspired by him.
I am wondering why so many people are triggered by what he tweets, influenced by whatever he said, and following whatever his decision. Moreover, if we are looking at his followers and also new people in the crypto world, sad to know because they are only followers of Elon with sometimes panic decisions.
You know, I never trust or want to care anymore about what he is saying or tweeting.
ELON is just a symbol of manipulation, from the starting of his tweet about bitcoin and it's purpose, I thought about his greatness on exploring bitcoin to the world, but suddenly, he makes use of the opportunity to manipulate market for his own benefits, this behavior just shows how ELON is childish in thinking, his attitude towards market is showing obviously, I don't him anymore.
legendary
Activity: 2226
Merit: 1086
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From the first time, I never trust Elon or even inspired by him.
I am wondering why so many people are triggered by what he tweets, influenced by whatever he said, and following whatever his decision. Moreover, if we are looking at his followers and also new people in the crypto world, sad to know because they are only followers of Elon with sometimes panic decisions.
You know, I never trust or want to care anymore about what he is saying or tweeting.
sr. member
Activity: 2226
Merit: 347
I have never been a fan of Elon Musk,  I only knew him as a rich dude, and this was as a result of his recent encounter with btc, if not for his btc involvement I won't even know him, I can not base my crypto investment in the hands of such person, that is a very bad design
He's known mostly because of Tesla and we have seen lots of news and events in regards with Tesla achievement and other things and he had able to claimed out to be the richest man in the world
which who would be the one wont be knowing this man unless if you are out in finance news or market then you wont really be that much aware and now he had set foot into crypto
market which i can say that he could really make out some significant changes into his appearance and since this guy is financially capable no doubt then he can stir up things if he wanted to.
We have seen on how he had u-turn from pro bitcoin and now its totally opposing on it which is really not a surprising move imho.
hero member
Activity: 1946
Merit: 502
I have never been a fan of Elon Musk,  I only knew him as a rich dude, and this was as a result of his recent encounter with btc, if not for his btc involvement I won't even know him, I can not base my crypto investment in the hands of such person, that is a very bad design
legendary
Activity: 3276
Merit: 2442
My views on him have been crystal clear since the day he started talking about crypto. (actually even before than that)

He was fucking around and having fun then and he still does that now today. Nothing has changed.

Too bad he fooled so many crypto people and made people think that he is their Jesus.
newbie
Activity: 65
Merit: 0
I dont like he knows nothing about crypto . I advise everyone dont trust Elon Musk . BTC go to moon very soon.... just need hold .
sr. member
Activity: 980
Merit: 282
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Elon musk can change market for a time. But that's not permanent. He invested to gain profit. And he did it. I think it’s better to ignore elon musk. Previously, Some traders got liquidated by following musk tweet. Cryptocurrency market depend on all traders, Mostly in popular cryptocurrency. And BTC is top one. So, I believe BTC price will increase a lot in future. And it can happen any time.
full member
Activity: 1176
Merit: 100
The OGz Club
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
Most of the investors who followed Elon musks tweet and buy some bitcoin and hold them, they are now in bad situation. I saw a reply in Elons tweet, a random person reply that "My wife leave me for buying Bitcoin because i sold my car and property for buying Bitcoin and now bitcoin Price decrease a lot." This is really sad. So now i have Elons tweet and I unfollowed him. I recommend every Crypto investors unfollow Elons and invest by your own research.
hero member
Activity: 1904
Merit: 510
have no more reason to trust Elon Musk, Elon Musk is the enemy in the blanket ,, he slowly approached bitcoin, finding out about the benefits he could get from bitcoin, then he invested in bitcoin, after he succeeded in bitcoin and made a lot of profit from it. bitcoin, after that he moved to another, and started tweeting the negatives of bitcoin
legendary
Activity: 3248
Merit: 1160
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According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?

I couldn't believe how he could show that as the reason for this action. You are Elon Musk, there is no way that you didn't do a research about Bitcoin mining before investing into Bitcoin and starting to accept Bitcoin payments.

That's right, Elon just made a stupid mistake to justify his manipulation, now people know, his reputation will be destroyed in crypto. Meanwhile, have you seen a new price dump just an hour ago? I heard it's not about Elon, it's China cracking down bitcoin again.

https://fortune.com/2021/05/21/china-ban-bitcoin-price-bubble-crypto/

now our enemy is Elon and China.
member
Activity: 588
Merit: 10
$CYBERCASH METAVERSE
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?

I couldn't believe how he could show that as the reason for this action. You are Elon Musk, there is no way that you didn't do a research about Bitcoin mining before investing into Bitcoin and starting to accept Bitcoin payments.
full member
Activity: 303
Merit: 112
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?

As a newbie in the area, Elon Musk tried to experiment how and what is the capacity of reaction of Bitcoin. Now he knows what Bitcoin is! This experimentation didn't bankrupt him but made a significant damage in his popular image when the subject is virtual coins. I hope he has learnt the lesson and from now on his behavior regards Bitcoin should change to assume at least a professional relation with instead of playing like a kid when lifting off his first rocket. Today he needs to retreat himself from this community if he wants to be able to go to mars!
hero member
Activity: 2982
Merit: 610
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
Now that we know his actions towards crypto, he deserves nothing but to ignore.
He is purely a FUD, he is joining crypto just to ruin this community. He takes the benefits, creates panic, and then manipulates the news.

What I could see to him is that he is full of illusions and imagining a thing that seems to be impossible. Maybe he receives some credit outside crypto but it was different in here.

I'm still reading his tweets to get some information but not because I follow him.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?


I don't really trust Ellon Musk the way he pumps BTC before with his tweets and he can obviously do the opposite thing which will put the majority of BTC holders at disadvantage. He's a businessman after all so we should never trust anyone no matter how influential he is, and always do technical analysis to be a basis of what decision you should make.
hero member
Activity: 3150
Merit: 937
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?

It's a well known fact that the banking system consumes way more energy than the Bitcoin Core blockchain.
But the banking system has way bigger scale and it's accepted globally.If Bitcoin was as adopted as banking services,the energy consumption of the blockchain might be way bigger than now.The BTC price might reach 500K-1M USD,so mining will be profitable and way more companies will start mining BTC,which will lead to more energy consumption.
However,this doesn't change the fact that Elon Musk is a massive FUDster. Grin
hero member
Activity: 1344
Merit: 565
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?

Well that case has always been there for some time now that Bitcoin does not consume as much energy as claimed and I believed that Elon Musk knew this but I guess that was his best approach to Fuding the market so that he can make more gains from His investments in Bitcoin. I was never a fan really but this just made me less concerned about him.
legendary
Activity: 3766
Merit: 1217
Not him but us I agree to that statement! If there's none to follow him from each tweets he made then this venue of investment will continue to move up strongly.

It's really the problem since there are people who rely with someone and they are being quickly moved by influencers who claimed to have deeper knowledge from this industry.

Better to keep away from this kind of people to have a healthy invesment journey, success rely on you and not from somebody else.

Well.. it is a problem. Elon Musk has hardly any knowledge about how cryptocurrency works and yet he has enormous influence on the prices. If Bitcoin moves up or down by 20% every time he tweets, then the institutions will never seriously consider about adopting Bitcoin or integrating it to their platforms. So first of all, we need to devise a mechanism to prevent such manipulation of the Bitcoin market by influential people like Elon Musk.
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