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Topic: Tesla and market manipulation crime - page 2. (Read 732 times)

hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
May 08, 2021, 10:20:25 AM
#77
To those who really has the knowledge in crypto, they know that Elon Musk and the Tesla is just manipulating bitcoin especially the market in which they just want to earn and take more profit by hyping and hyping it to other people so that the price or the value of it to the market goes up and up. To be honest not all in the crypto wants the manipulation that has been doing by the Tesla and its founder Elon because of this market manipulation many people being manipulate and don't know how they will get back their money who has been invested on a very high amount of bitcoin.
Only noobs and FOMO guys will buy there calls now I think the law of diminishing returns finally hit on him, the tweets doesn't that much of a show right now. Though most of his followers are permabulls, I am not saying that it is not good for this market but I think he should refrain from it anymore. We just don't know he states a bull tweet yet he sold some of his assets that's totally bias considering the space isn't yet regulated.
sr. member
Activity: 1666
Merit: 426
May 08, 2021, 10:08:26 AM
#76
To those who really has the knowledge in crypto, they know that Elon Musk and the Tesla is just manipulating bitcoin especially the market in which they just want to earn and take more profit by hyping and hyping it to other people so that the price or the value of it to the market goes up and up. To be honest not all in the crypto wants the manipulation that has been doing by the Tesla and its founder Elon because of this market manipulation many people being manipulate and don't know how they will get back their money who has been invested on a very high amount of bitcoin.
hero member
Activity: 2520
Merit: 783
May 08, 2021, 09:47:04 AM
#75
Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more

I am also with you here. In this market, everyone is free what to do with their funds. It is just that, Tesla is a big company with huge investments in bitcoin. So every little movement they will take, will be under the microscope of many people. But come to think of it, they are just one of the businesses that are into crypto. So whatever they feel will give them better opportunity, they will take it. So for me, I don't think it is a market manipulating but just taking advantage of the opportunity, and I guess, it will be the same for all of us. If you have the opportunity, why not take it, right?

You can't blame some people for thinking that Musk uses his influence to manipulate the market.

Maybe they have not ridden with hype yet or missed the DOGE hype which already makes a lot of investors earn a big profit.

Tesla is own by Elon, he is one of the richest in the world, his popularity and influence are big, so he should be careful with his statement, hyping the market might attract the newbie to invest blindly which they will just panic once the correction happens.

Actually he has a background of same doing but this is on tesla stock read this https://www.google.com/amp/s/abcnews.go.com/amp/Technology/wireStory/tesla-shareholder-suit-elon-musk-tweets-remains-hold-70775549

I'm thinking that he stop doing that on their stock and change it on crypto especially on Doge since no one can sue him there if he want to do a certain hyping or manipulation on the said coin.

Although many people got a huge profit with it still you are at risk if you aim to hold for more longer years since we really don't know on when Elon or other rich comrades will dump their coin so for newbies don't buy at FOMO to avoid losing your money.

member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
May 08, 2021, 08:00:51 AM
#74
There was definitely a manipulation and everyone knows about it, but there is nothing transcendental to my opinion, because Elon manipulated thanks to his name and the brand that brought him a lot of money. He's a handsome man, I can't say anything, he earned so beautifully, in his own name, he is my idol;)
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
May 08, 2021, 07:34:06 AM
#73
This is absolutely a market manipulation of course. We've seen how much the market was affected by Tesla's buying a lot of BTCs. Bitcoin price just literally went to the moon after it. But I don't think that Tesla will be charged for it. It is the nature of this market in the end, it's easily manipulable.
I guess they just have to get away with it, this is the shortcomings of decentralization, people can commit insane stunts without consequences. Now that I look at his manipulation, I think that we can use it to our advantage if we know when they are going to pump it.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
May 08, 2021, 06:52:43 AM
#72
Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more

I am also with you here. In this market, everyone is free what to do with their funds. It is just that, Tesla is a big company with huge investments in bitcoin. So every little movement they will take, will be under the microscope of many people. But come to think of it, they are just one of the businesses that are into crypto. So whatever they feel will give them better opportunity, they will take it. So for me, I don't think it is a market manipulating but just taking advantage of the opportunity, and I guess, it will be the same for all of us. If you have the opportunity, why not take it, right?

You can't blame some people for thinking that Musk uses his influence to manipulate the market.

Maybe they have not ridden with hype yet or missed the DOGE hype which already makes a lot of investors earn a big profit.

Tesla is own by Elon, he is one of the richest in the world, his popularity and influence are big, so he should be careful with his statement, hyping the market might attract the newbie to invest blindly which they will just panic once the correction happens.
full member
Activity: 1848
Merit: 158
May 07, 2021, 06:55:49 PM
#71
Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more

I am also with you here. In this market, everyone is free what to do with their funds. It is just that, Tesla is a big company with huge investments in bitcoin. So every little movement they will take, will be under the microscope of many people. But come to think of it, they are just one of the businesses that are into crypto. So whatever they feel will give them better opportunity, they will take it. So for me, I don't think it is a market manipulating but just taking advantage of the opportunity, and I guess, it will be the same for all of us. If you have the opportunity, why not take it, right?
member
Activity: 518
Merit: 13
May 07, 2021, 02:38:04 PM
#70
This is absolutely a market manipulation of course. We've seen how much the market was affected by Tesla's buying a lot of BTCs. Bitcoin price just literally went to the moon after it. But I don't think that Tesla will be charged for it. It is the nature of this market in the end, it's easily manipulable.
jr. member
Activity: 35
Merit: 24
May 07, 2021, 02:23:26 PM
#69
Getting long and getting loud has been a commonly accepted tactic on Wall Street. Musk has made some questionable tweets about Tesla shares https://mattelston.com/2021/02/10/elon-musk-a-reverse-psychology-genius/ (as well as his going private at $420/share tweet)
and been chastised by the SEC .

In the case of crypto, I think Tesla backed the wrong coin,
https://mattelston.com/2021/03/24/teslas-bitcoin-folies/
but if the SEC gave Musk only a slap on the wrist for past tweets involving his own company, its likely they will go even lighter re btc.
legendary
Activity: 1456
Merit: 1108
Top-tier crypto casino and sportsbook
May 07, 2021, 01:52:49 PM
#68
Bitcoin still remain decentralised and is opened to every level of investor irrespective of your purchasing power. To me i feel he took advantage of the trend and also utilized his funds wisely by investing in a project he believed would secure a lasting future both for him and his company alike. Tesla shouldn't be blamed here assuming you owned the company or you happend to be the CEO you would have bought more
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
May 07, 2021, 12:22:57 PM
#67
Tesla company is just being wise in this aspect. The company is taking advantage of its influencing power not just for their advantage but for everyone. For me, no crime has been involved here. They opened to the public their investment decisions and it's up to the people to when will they stop riding.

Tesla has not scammed anyone. If they openly told their investment decisions and other people are following it then what's fault in it. They never force anyone to copy the same investment strategy. I think this may be called manipulation but its not illegal  as the big players have enough money and influence to move the market and that is what Tesla tends to do.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
May 07, 2021, 12:10:13 PM
#66
Elon Musk is too equipped with accountants and lawyers on his payroll system to move with loopholes on his decisions. Surely, before he made their move he was able to seek consultation to his legal and accounting team so they can execute it without any penalties.

That’s how great executives work. Like Elon Musk have all the money to seek consultancy so I don’t think he would do it without the ignorance to the law.

Tesla was just one fo the products Elon Musk was able to produce with his cleverness and ability to get a very good team members with him. And I don’t think he will let that company go down just because of market manipulation which we know that he can totally influence without moving a single finger.

hero member
Activity: 2814
Merit: 576
May 07, 2021, 01:38:54 AM
#65
We actually never know and recognize Tesla if not because of Elon Musk. That is the real sentiment now, it adds to the hypes in the market but that is not enough to say it was a sort of manipulation, neither we call it as a crime. Because if tried to figure it out, Tesla never ask and force people to adopt and invest Bitcoin, it was the mindset of the people to invest because they saw big companies are already there.

And besides, we are already in the bullish season before Tesla has arrive together with Elon Musk.
full member
Activity: 1708
Merit: 105
May 06, 2021, 11:52:53 PM
#64
tesla has been involved in so much technological innovation and i pwersonally give them credits for their innovations as loads of their works are ecofriendly and also presents loads of job opportunity and also the privilege of other technologies to thrive on the already existing tech brand. I do not consider it as involved in any form of manipulation in the market.
It is so interesting that a large company like Tesla is in the spotlight with its performance in other areas and I think it is their right, to innovate in their finances by buying bitcoin for investment. just like other companies investing in stocks or gold.

I agree with you, that Tesla is doing so much innovation that is connected to environmentally friendly and it seems that the Tesla trend has attracted many people to be able to accept what is done by helping to buy it. resulting in what he does produce for Tesla himself, it is only natural to finally accept the results of his work so that currently Tesla is included in the ranks of the best.

Regarding manipulation, I cannot give any response that might differ from one another, as long as it does not violate the law it seems legitimate.
hero member
Activity: 672
Merit: 500
May 05, 2021, 10:35:47 PM
#63
Tesla invested US $1.5 billion in Bitcoin in February and then reduced its holdings by 10%. This has had a positive impact with the cryptocurrency contributing US $101 million to Tesla's profitability.

CFO or master of coin Tesla Zach Kirkhorn reveals the reason for this Elon Musk electric car company. According to him, the company believes Bitcoin will live a long life despite its volatility.

Tesla sold 10% of its bitcoins in Q1 to maintain bitcoin liquidity.

bitcoin is a highly volatile asset, I think there is no manipulation in bitcoin and cannot be manipulated, a lot of bad news and good news in crypto, this should only be good news
member
Activity: 378
Merit: 10
May 05, 2021, 06:36:07 PM
#62
Many big companies like Tesla invest in bitcoin. we are in favor of these big companies investing more. Big companies investing in this market is a healthy development for the cryptocurrency market. increases trust and attracts investors. But Tesla and Elon Musk seem to be trying to manage this situation differently lately. They act like the market leaders and think they can move the market as they wish. this manipulation is undesirable for us.
sr. member
Activity: 910
Merit: 257
May 05, 2021, 06:31:39 PM
#61
Tesla company is just being wise in this aspect. The company is taking advantage of its influencing power not just for their advantage but for everyone. For me, no crime has been involved here. They opened to the public their investment decisions and it's up to the people to when will they stop riding.
full member
Activity: 1442
Merit: 106
May 05, 2021, 06:22:47 PM
#60
tesla has been involved in so much technological innovation and i pwersonally give them credits for their innovations as loads of their works are ecofriendly and also presents loads of job opportunity and also the privilege of other technologies to thrive on the already existing tech brand. I do not consider it as involved in any form of manipulation in the market.
full member
Activity: 574
Merit: 125
May 04, 2021, 10:26:44 AM
#59
I don't think that Tesla has done market manipulation with the price of bitcoin, they bought bitcoin before when its price is only $30k and now it is at $58k, I don't think that they have done something manipulating on it because they have not sell their bitcoin yet but according to the tweet of Elon Musk, Tesla had sold their 10% of bitcoin but that is still not a market manipulation as they have not sold all of their bitcoin.
full member
Activity: 257
Merit: 100
May 04, 2021, 05:59:13 AM
#59
Perhaps Tesla is involved in crypto manipulation, but can we somehow influence this?
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