What's the use of such value if it has to come from one single person and not because of the product's actual worth ?
The price would only increase because there's an influence over it and it would probably decrease if the influence is gone.
If the price increases because people realize that it is worth it then the chances of decreasing in price becomes very low.
That's what happened with Elon Musk. I am happy that we faced the current decline because now we know the actual price of bitcoin.
Topic: ⚽Ronaldo / Coca-Cola/ Bitcoin ₿ - page 3. (Read 437 times)
The more interesting discussion for me is how people say certain celebrities have too much influence over the price of crypto, yet those same people don't seem to care as much about this story.
I'd be interested in knowing how much of the Coca-Cola dip was led by algorithm (HFT), versus how much of it was actual, real live humans making trades. Probably one of those things we'll never know, though.
I'd be interested in knowing how much of the Coca-Cola dip was led by algorithm (HFT), versus how much of it was actual, real live humans making trades. Probably one of those things we'll never know, though.
I think he made the right decision. The drink is really bad for the body and could get people easily addicted to it. I wonder if there is any nutritional/good benefit of drinking it. Can they not make it healthy/safe for human consumption?
I think we shouldn't rely too much on popular personalities to increase the price. They could aswell be used to crash it. It should be from stable, decentralized investments and investors
I think we shouldn't rely too much on popular personalities to increase the price. They could aswell be used to crash it. It should be from stable, decentralized investments and investors
I guess Ronaldo wasn't that an avid fan in the crypto space and I guess it's a good thing if he ever supports it but I doubt if it will have that huge effect on the market after the effect subsided. I don't like how it goes with the Musk stunt to be honest, I guess there should be limitations to these celebs not to take part of it moving the market especially these huge personalities, just my two cents. The crowd goes gaga with them even with those small movements they make.
for me this is an inconsistency, why is that? imagine if this continues to be a reference for how a product, stock, even crypto, then this has a bad impact. where millions of people risk their finances there. Small traders cry seeing this, despite the positive points that invite many people to consume mineral water and reduce carbonated drinks. the problem is the influencer can easily change it in one second.
I don't agree that Bitcoin should be treated this way.
I don't agree that Bitcoin should be treated this way.
First of all, if an influencer ever said anything about Bitcoin it'd have a temporary effect and you shouldn't be happy about that. It's called pump and dump; Ronaldo's words wouldn't increase Bitcoin's value, they'd just make investors panic temporarily.
You, yourself, said that Coca-Cola stock regained its previous price. Same thing would happen with Bitcoin. A person can't affect the price of a commodity/stock in the long-term.
You, yourself, said that Coca-Cola stock regained its previous price. Same thing would happen with Bitcoin. A person can't affect the price of a commodity/stock in the long-term.
Have you seen the recent decline in the value of Coca-Cola?
The company said after Ronaldo dropped Coca-Cola in a strange move:
After this session, Coca-Cola shares fell 1.6% in the stock market, and Coca-Cola rose from $ 242 billion to $ 238 billion. However, after that, it regained its value in the market.
It's interesting to me! If Ronaldo makes the same move with Bitcoin and defines Bitcoin this time instead of destroying it, will we see a huge increase in the price of Bitcoin?
Ronaldo is someone that at least everyone in the world has heard of, and if he supports Bitcoin, we will see an increase in the number of buyers in the Bitcoin world.
Ronaldo meeting video:
https://www.youtube.com/watch?v=DcFx1VEDdbs
The company said after Ronaldo dropped Coca-Cola in a strange move:
Drink water instead
After this session, Coca-Cola shares fell 1.6% in the stock market, and Coca-Cola rose from $ 242 billion to $ 238 billion. However, after that, it regained its value in the market.
Coca-Cola stock chart now
It's interesting to me! If Ronaldo makes the same move with Bitcoin and defines Bitcoin this time instead of destroying it, will we see a huge increase in the price of Bitcoin?
Ronaldo is someone that at least everyone in the world has heard of, and if he supports Bitcoin, we will see an increase in the number of buyers in the Bitcoin world.
Ronaldo meeting video:
https://www.youtube.com/watch?v=DcFx1VEDdbs
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