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Topic: Will everyone still believe in Elon Musk? - page 8. (Read 1823 times)

sr. member
Activity: 2436
Merit: 455
Elon Musk is an influential person in cryptocurrency because he has a wide network to manipulate. He often voices out his opinion on Twitter and many people believe him. I wonder why because he just usually instills fear, uncertainty, and doubt (FUD), among his followers. As for your question, it just really depends on someone if he will believe Elon's opinions about crypto. However, one must also know the risk of just following someone's advice and move when we are talking about money because not every piece of advice is something worth following. Everyone that decides to enter the world of crypto must know how to read the charts on his own and how to do technical and data analysis. So that he would never fear of missing out and just decide impulsively because of the hype.
sr. member
Activity: 1274
Merit: 293
I agree that it's hypocritical to scold a billionaire, he doesn't even think about us when he does those manipulation let alone hear what you're saying. I feel like people were just mad that they got rugpulled when it was obvious from the start that Elon plans to do some pump and dump in the market, I mean the people that were mad at Elon are the same people that were celebrating when Tesla bought billions worth of bitcoin.
sr. member
Activity: 2338
Merit: 365
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I think it is hypocritical to scold Musk when he criticizes Bitcoin, and to praise him when he is optimistic about Bitcoin. I think he should take his thoughts and concerns about Bitcoin seriously, because many outsiders have these ideas. But at the same time, people should ignore his flip-flops on Twitter or act like a child. Elon Musk is just a person like everyone else. Stop using Elon Musk as an argument for or against Bitcoin, but actually listen to what he has to say and think about whether you have the answer.

We are not hypocrites, we support Bitcoin. What do you think we are going to do?
ever since I heard Elon tweet that tesla doesn't accept Bitcoin anymore due to environmental reasons then I realized he's a hypocrite...

but we don't have the power to fight his opinion because I'm sure of his 58 million Twitter followers 95% are big fans of him. I just hope he doesn't say anything negative about Bitcoin.
jr. member
Activity: 70
Merit: 2
Despite the recent frustration Elon has received from the crypto community for causing the environmental FUD, outside of crypto, he is seen as a pioneer in the electronic vehicle and space industries... he is involved in those industries far more than in crypto... so he is not going away and there is no reason to expect his popularity to decline.

His most recent talks on bitcoin reveal that he owns both BTC and ETH personally --so we can always hope that he might be more careful in the future with his public comments now that everyone has seen the effect of his environmental comments on the market.
newbie
Activity: 1
Merit: 0
The climate dynamics of crypto are complicated, but it’s simply not what corporations should be focusing on. It is a distraction from the basic learning about bitcoin many big companies still need, according to several finance and crypto experts, if they want to avoid being left behind by a fundamental transformation in the way money moves around the globe.
hero member
Activity: 1946
Merit: 502
You will be surprise the number of people who still strongly beleive in Elon Musk and his views, just because you are not in agreement with his way of doing things don't mean other's won't, the problem is not even elon but the people who will not do their own research, Elon is a business man and will always think of his own interest fisrt before anything else, People should be able to recognize this.
full member
Activity: 2268
Merit: 121
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Elon Musk is systematically promoting his self and business I
On Twitter by getting involve with the wave of the moment (bitcoin), the fact is each time he speaks against bitcoin I always see it as a plot to get people attention as his comments have nothing significant on the development and growth of the market. So the best thing is to just ignore his tweets.
we should see who @elonmusk is, he is a big businessman with a lot of followers on social media, obviously what he is doing is for the sake of the interests of himself and the company he holds.
so you are right what he said the main purpose is to attract the attention of people and their followers, and hope that what is said is followed, so the main goal will be achieved.
always what is said to be very contradictory and very detrimental to crypto developments in general, and I just like you don't really want to talk about @elonmusk's tweet.
full member
Activity: 477
Merit: 100
I support bitcoin but I still believe that he choose bitcoin at that time because he see the potential of bitcoin. Although in my point of view there are sometimes we need to keep silent. Although what we talking about is maybe right but if we say it at wrong time then it seems that it's not so good. I wish that he didn't tweet bad things about bitcoin at that time because it can make his image bad in front of cryptocurrencies users.
member
Activity: 481
Merit: 10
Seriously, Musk is indeed a person who has a relatively large influence on the crypto market. So far, all his tweets or comments will cause fluctuations and media reports, indicating that most people are still affected by his comments. It can be said that these people believe what Musk said.
it's true that musk has a big influence on the crypto market but most people have been disappointed with musk's actions which resulted in the destruction of the crypto market with Elon's tweets but I'm sure if musk now tweets one of the coins then the price of the coin will still go up even though it doesn't go up like coin doge yesterday,
member
Activity: 95
Merit: 10
Musk is well-informed and his views are baseless and therefore irrelevant. He thinks BTC is good? , Then let him spend another billion! He thinks this is dirty and inefficient? , Then let him sell them all and let go! Who cares what he says now, he will say the opposite tomorrow morning.
member
Activity: 101
Merit: 10
Seriously, Musk is indeed a person who has a relatively large influence on the crypto market. So far, all his tweets or comments will cause fluctuations and media reports, indicating that most people are still affected by his comments. It can be said that these people believe what Musk said.
member
Activity: 113
Merit: 32
When Bitcoin falls or rises, I don't care about Musk. Encryption does not require Musk or anyone who thinks he can play the crypto market. Most people who follow Musk no longer believe what Musk said. Even if he supports Bitcoin, investors in the crypto community will not support him because everyone has lost confidence in him.
hero member
Activity: 2912
Merit: 541
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Many people still believe on him. He show positive sign to bitcoin and that Tesla will accept bitcoin again shortly
This show put great impact on Btc price
After what he did before, I am not sure if many people will believe in Elon Musk. But I guess some people still follow him and wait for his signal or other things. Even people do not believe Elon, and he will still tweet about crypto and bitcoin because Elon wants to show the public that he still has a follower and support Elon. I hope Elon can change better than before, so people can see that he is not just a troll or person who searches for popularity on the internet.
member
Activity: 106
Merit: 11
Many people still believe on him. He show positive sign to bitcoin and that Tesla will accept bitcoin again shortly
This show put great impact on Btc price
full member
Activity: 658
Merit: 101
Nope, i don't.

I don't know what the intentions behind of this Man, previously he praise bitcoin and she late to join the party then only within a few months she said Bad about Bitcoin.

Reading the news in this morning it looks like Tesla will accept bitcoin again as a payment method.

Elon just playing game with us, i think she very like to trolling us over and over again.
legendary
Activity: 3122
Merit: 1140
-snip
I think it is hypocritical to scold Musk when he criticizes Bitcoin,

Elon Musk wants to reduce the price of bitcoin after selling his holding Bitcoin. As he is a well-known person he has some well worthy followers as well. He took this opportunity to make social media influence and fudding. you can't call it "criticism ", it is clear "Fudding", he just made FUD to make uncertainty in the market that's why he can Buy deep once again.

Expect these things that could really happen anytime.So be prepared and act accordingly. Believing him or not it would really be on someones decision on taking a step
neither we do react or just simply ignore but we have seen on what are the things that he had done in the past which would really be enough for us to have those negative
impression specially about on being some sort of manipulative guy on this market not only limited to altcoins but also in bitcoin itself.
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
-snip
I think it is hypocritical to scold Musk when he criticizes Bitcoin,
Elon Musk wanted to reduce the price of Bitcoin after selling his holding BTC. As he is a well-known person he has some well worthy followers as well. He took this opportunity to make social media influence and fudding. you can't call it "criticism " at all, it is clear "Fudding", he just made FUD to make uncertainty in the market that's why he can Buy deep once again.

Quote
Elon Musk is just a person like everyone else.
He is a very well-known person in the IT sector, many investors are following his activities. How many people do follow your or my activities? Many small and large investors have liquidated their holdings by following the negative FUD of Elon Musk on Twitter, This dilapidated state of the market due to their panic sale.
legendary
Activity: 3234
Merit: 1214
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Elon Musk has influence because of daytraders, and daytraders apparently still hold a large influence over Bitcoin's price. Perhaps a lot of these traders don't believe in Musk's words, but they know that his opinions can shift the market just because he's the richest person on Earth and has a reputation of technological leader. I hope with time Bitcoin market will be more mature and less prone to volatility caused by rumors and individuals. But that would also mean that there will be no huge and swift growth, which is a major reason why people invest in it.
Rather than believing people follow his words and try to make some profit out of the market. This is what makes the difference in the market on the bullish and bearish move once after his conversation and on his acts relative to bitcoin and other cryptocurrencies. As said in the above quote he has got influence over the market and at times he himself make use of it an opportunity to multiply his portfolio value. Bitcoin being a speculative asset, words of these influencers cause positive and negative moves in no time.
legendary
Activity: 3024
Merit: 2148
Elon Musk has influence because of daytraders, and daytraders apparently still hold a large influence over Bitcoin's price. Perhaps a lot of these traders don't believe in Musk's words, but they know that his opinions can shift the market just because he's the richest person on Earth and has a reputation of technological leader. I hope with time Bitcoin market will be more mature and less prone to volatility caused by rumors and individuals. But that would also mean that there will be no huge and swift growth, which is a major reason why people invest in it.
sr. member
Activity: 1218
Merit: 279
Unfortunately yes. Of course, Elon Musk is one of the influential people in this world.
He has many followers who make it always viral and whatever is said to always get attention, especially from various media. And this will certainly be very influential on the Crypto market condition. Although fortunately, it has been a lot of devastating and does not swallow what Elon said. But again, we cannot ban various people in the world which makes Elon a role because of his success so far.
Elon Musk is an influential man, yes. I know he has many followers on social media platforms. But, I think is high time people start to think before taking decision. We don't have to listen to Elon Musk all the time. Remember, he is Human too, just like us. However, they are many people who still believes in whatever Elon Musk says, they see him as their Role model, anything he says is right to them.
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