I don't think that's the actual narrative here. Elon did manipulate the market, more for Dogecoin than Bitcoin. But he can't continue this game, not as a company. If he continues spreading FUD through his influence for the second time, SEC will step in and charge him for market manipulation.
So he had to stop and that's what he has done now. He manipulated the market once and possibly sold of Tesla's entire stock of bitcoin. We will come to know in the next quarter's income filing. But for now, he has stopped and I am sure he wouldn't try to manipulate it again. At the end of the day, no one wants to get arrested!
Topic: This is what Elon truly did, you have to know it! - page 2. (Read 350 times)
What you are saying is a form of information that makes us have to open the eyes of our hearts, that what is done as an entrepreneur is the desire to be able to get profit no matter what. no entrepreneur wants what he does must be at a loss, either personally or through the company he holds, which can also be used for profit as well.
But surprisingly, many people who have been in crypto for a long time still want to be trapped in the circle of an entrepreneur, which clearly only aims to be able to benefit from anything that can be done. where @elonmusk with its social media provides encouragement for something which they are actually following, so that the goals that will be achieved can be accomplished immediately without hard work, because the help of many people feel that what @elonmusk said is a certainty that must be followed immediately, but behind it there is a goal of an entrepreneur seeking "Profits".
have they been aware of it all this time? I don't believe because what @elonmusk tweeted is something that must be done, if you don't do it you will be trapped in a harmful circle, even though there are certain intentions that are not realized or are aware that they are trapped by the behavior of an entrepreneur, which is clear. good at playing to be able to get an advantage. it is not prohibited, anyone can do and is legal, because anyone can and may do as long as he can do it.
But surprisingly, many people who have been in crypto for a long time still want to be trapped in the circle of an entrepreneur, which clearly only aims to be able to benefit from anything that can be done. where @elonmusk with its social media provides encouragement for something which they are actually following, so that the goals that will be achieved can be accomplished immediately without hard work, because the help of many people feel that what @elonmusk said is a certainty that must be followed immediately, but behind it there is a goal of an entrepreneur seeking "Profits".
have they been aware of it all this time? I don't believe because what @elonmusk tweeted is something that must be done, if you don't do it you will be trapped in a harmful circle, even though there are certain intentions that are not realized or are aware that they are trapped by the behavior of an entrepreneur, which is clear. good at playing to be able to get an advantage. it is not prohibited, anyone can do and is legal, because anyone can and may do as long as he can do it.
For me personally, I don't follow Musk and never will. However, I do think it's a little crazy that one person could have so much influence over the crypto market. I agree with you that it seems like he played his followers in a sense - for BTC he bought low and got the ball rolling, then sold high. For DOGE he probably stocked up on a useless coin he got for less than $0.01/each, then starting pumping it and drove it upwards of $1. If it were Wallstreet that might be illegal, but not in the cryptocurrency world..
It's pretty clear that Elon Musk fucks the crypto world in every hole and then gets BJ from it as a reward.
Nowadays rarely use Bitcoin and cryptocurrencies because of their real values and benefits. The idea, that aimed to destroy the centralization and make things decentralized, has failed and even turned into a demon it was fighting against.
Those who blame Elon Musk for their own financial losses are very wrong and probably stupids!
First of all start from the very basic: Who is Elon Musk? A businessman. What's the purpose of business? If you studied business administration or economics in your University, you would hear many times that the purpose and the main idea of business is to profit, profit and profit! So, what businessmen do? They increase their own budget.
Now, this is the following that Elon did. He bought bitcoins from you when the price was low. He created hypes and made you guys to increase the price of coin, i.e. He made you to buy from each-other everytime in higher price. Then he sold you his coins in high price. Still don't understand what he did? He bought thing from you in low price and then sold you at high price and made you to dump price. Again i.e. he bought from you at X price, then sold you at 2X price and then made your asset to worth X price again. Again and again i.e. to make things more understandable: He buyed an apple from you at $100 (Now you own 0 apple and 100$), made you to buy it from him at $200 and then he made your apple to worth 100$ again. Now you have 1 apple and -$100.
In overall, you all gifted $100 to Elon Musk. That's all!
Nothing to say about dogecoin that 10x increased after his tweets, it's so huge shame, I am very sad that I am a part of the crypto community because this man made poo a valuable thing.
When I was telling people the values of bitcoin and it's potential back in 2014, they were calling me crazy. Elon come and told the society that poo has value and people immediately bought and hold it. People support the wrong ideas
And I want to tell you one very important thing!
Also, the sad reality of our world is that businessmen are in politics instead of real politicians. Idk anymore what this word "politician" means, maybe it's a modern synonym of a liar, cheater.
They give you a lot of promises and you believe, because they sound nice and matches to your dreams, that's what you want to hear and you are satisfied. But finally, they manipulate with you to make their own wishes come true. They make you to fight, work for their wishes! Finally, everyone sees that things didn't go as it was promised and we find for next person who will in reality lie better. Then this person fails also, then we hear lies from new ones, we still believe them, we believe to every liar, every time.
You have to understand the root: Businessmen work on increasing their profit, they do everything for this!
During the 21 centuries, during the 21000 years or from the creation of this universe, was this world ever good? It will never be until we don't fully, radically change.
#Be kind, #Stay healthy, #Don't panic, #Don't Fomo, #Don't worry, be happy, remember drink Pepsi (oh, soda is bad for your health, haha
)
Best regards,
shield132
Nowadays rarely use Bitcoin and cryptocurrencies because of their real values and benefits. The idea, that aimed to destroy the centralization and make things decentralized, has failed and even turned into a demon it was fighting against.
Those who blame Elon Musk for their own financial losses are very wrong and probably stupids!
First of all start from the very basic: Who is Elon Musk? A businessman. What's the purpose of business? If you studied business administration or economics in your University, you would hear many times that the purpose and the main idea of business is to profit, profit and profit! So, what businessmen do? They increase their own budget.
Now, this is the following that Elon did. He bought bitcoins from you when the price was low. He created hypes and made you guys to increase the price of coin, i.e. He made you to buy from each-other everytime in higher price. Then he sold you his coins in high price. Still don't understand what he did? He bought thing from you in low price and then sold you at high price and made you to dump price. Again i.e. he bought from you at X price, then sold you at 2X price and then made your asset to worth X price again. Again and again i.e. to make things more understandable: He buyed an apple from you at $100 (Now you own 0 apple and 100$), made you to buy it from him at $200 and then he made your apple to worth 100$ again. Now you have 1 apple and -$100.
In overall, you all gifted $100 to Elon Musk. That's all!
Nothing to say about dogecoin that 10x increased after his tweets, it's so huge shame, I am very sad that I am a part of the crypto community because this man made poo a valuable thing.
When I was telling people the values of bitcoin and it's potential back in 2014, they were calling me crazy. Elon come and told the society that poo has value and people immediately bought and hold it. People support the wrong ideas
And I want to tell you one very important thing!
Also, the sad reality of our world is that businessmen are in politics instead of real politicians. Idk anymore what this word "politician" means, maybe it's a modern synonym of a liar, cheater.
They give you a lot of promises and you believe, because they sound nice and matches to your dreams, that's what you want to hear and you are satisfied. But finally, they manipulate with you to make their own wishes come true. They make you to fight, work for their wishes! Finally, everyone sees that things didn't go as it was promised and we find for next person who will in reality lie better. Then this person fails also, then we hear lies from new ones, we still believe them, we believe to every liar, every time.
You have to understand the root: Businessmen work on increasing their profit, they do everything for this!
During the 21 centuries, during the 21000 years or from the creation of this universe, was this world ever good? It will never be until we don't fully, radically change.
#Be kind, #Stay healthy, #Don't panic, #Don't Fomo, #Don't worry, be happy, remember drink Pepsi (oh, soda is bad for your health, haha
)Best regards,
shield132
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