Did Elon Musk cause the massive bull-run?

[cryptomarketyourself]

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g


It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... 

Thoughts?

[abel1337]

What if he truly is Satoshi nakamoto after all this time? lol  that would be funny

Too much conspiracy roaming around the internet about Elon musk, Who knows . If he's satoshi he can possibly easily manipulate the market right now considering his assets. But the fact that Elon musk can run a bull run isn't deniable with his current state.

[Nadziratel]

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g


It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... 

Thoughts?

Musk, just trying to promote his company my friends. He is only interesting with Tesla's future. And he is using all tolls for that including cryptocurrencies (especially BTC).
Don't expect something useful from him. It is not pretty possible. And don't forget, he already tweeted about Bitcoin few times but there were no affect on Bitcoin's price ever.

[pakhitheboss]

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g


It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... 

Thoughts?

Elon Musk is an entrepreneur, what he tells or does is meant to help his business grow and not promote others. He meant nothing with his tweet, it was a troll.

I am sure he is not Satoshi 😀

[Twentyonepaylots]

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g


It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... 

Thoughts?

Musk, just trying to promote his company my friends. He is only interesting with Tesla's future. And he is using all tolls for that including cryptocurrencies (especially BTC).
Don't expect something useful from him. It is not pretty possible. And don't forget, he already tweeted about Bitcoin few times but there were no affect on Bitcoin's price ever.

Yeah, he saw an opportunity to advertise and used bitcoin as a catalyst in order to have it blow up. Not half-bad if I do say so myself. Even if it only is for the benefit of his company. Basically this is still free advertisement, and to see that one of the most prominent personalities of our decade rooting on the cryptocurrency bitcoin is already a good thing in itself. This will encourage more people to dive in.

[Artemis3]

Elon Musk is an entrepreneur, what he tells or does is meant to help his business grow and not promote others. He meant nothing with his tweet, it was a troll.

I am sure he is not Satoshi 😀

Yet he made Paypal (and Tesla, SpaceX, Boring, yadda)... But jokes aside, i wonder if that mysterious tweet was some sort of tip. He is the opposite of McAfee, few words and lots of action.

Anyway we have been expecting a "bull" of sorts before the halving, if nothing because of the simple expectancy of it.

And he is certainly not clueless about Bitcoin. Hopefully he has some stashed without telling anyone. The moderator can't take the joke about painting the bitcoin (BTC) logo in one of SpaceX rockets, but you will see.

[Nadziratel]

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g


It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... 

Thoughts?

Musk, just trying to promote his company my friends. He is only interesting with Tesla's future. And he is using all tolls for that including cryptocurrencies (especially BTC).
Don't expect something useful from him. It is not pretty possible. And don't forget, he already tweeted about Bitcoin few times but there were no affect on Bitcoin's price ever.

Yeah, he saw an opportunity to advertise and used bitcoin as a catalyst in order to have it blow up. Not half-bad if I do say so myself. Even if it only is for the benefit of his company. Basically this is still free advertisement, and to see that one of the most prominent personalities of our decade rooting on the cryptocurrency bitcoin is already a good thing in itself. This will encourage more people to dive in.

I'm not sure. He is purpose is that just making his advertise.
And he is using cryptocurrencies community for his interest. No one said that; look Musk tweeted about Bitcoin and lets buy some...
No one say that. But so many people looking Musk Twitter page now. Following him, asking him about Bitcoin, Ethereum or other ones. We can see that in his Twitter page already.

[target]

He didn't tweet BSV last week so can't say he also initiated this pump.

But we can truly say Elon had been supporting blockchain projects for years, he is very positive in this market since the time he bought years and years ago. So if every time he tweets a crypto, its no surprising that his followers end up becoming a bull as well.

[Nadziratel]

He didn't tweet BSV last week so can't say he also initiated this pump.

But we can truly say Elon had been supporting blockchain projects for years, he is very positive in this market since the time he bought years and years ago. So if every time he tweets a crypto, its no surprising that his followers end up becoming a bull as well.

If tweeting positive about blockchain counts to support this market, it's not hard to find hundreds of thousands of people doing it on Twitter.

[Divinespark]

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g


It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... 

Thoughts?

Elon Musk is an entrepreneur, what he tells or does is meant to help his business grow and not promote others. He meant nothing with his tweet, it was a troll.

I am sure he is not Satoshi 😀

There are many conspiracy theories in this market, until now we don't know who Satoshi is, so anyone here could be him. It is impossible to be sure of anything until everything is clear. And I agree with you, Elon Musk is not the reason for the current market increase, his tweet is just a troll because he has done so many times before for this market.

[msarro]

The problem is whenever we have a bull run we always try to associate them with some event and thats what thread is about i.e. associating  current bull run with Elon Musk tweet.
I don't think bitcoin reads any tweet. My opinion is in negative for this association.

[BChydro]

He is the one. He is Nakamoto. Now we know how Tesla and Space X are being financed!

There was a time when Elon Musk was really struggling to fund Tesla and Space X and he needed to raise these amounts when they were close to bankruptcy and he does not have the time to develop bitcoin between all these pressure to stay afloat in life. The pressure is real and then he got his dramatic divorce when he was struggling with his companies and then he found a solution to recover both these companies with extra funds and faith in his abilities and vision.
Whether one person can manipulate the market, it is possible as he did that in the past with doge coin when he tweeted about it for fun and he usually like to troll every now and then and that will impact the market which shows how vulnerable the market is to jump up and down without any substance.

[Hamphser]

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g


It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... 

Thoughts?

The guy is indeed funny because he tends to make jokes to almost everything. So it's not new if he's trying to make something that we believe this is what he's been doing already before. This bull market might be just a coincidence so i think it has no correlation or something between him and the market.

[Ozero]

Funny video, but the guy might actually be onto something...

https://www.youtube.com/watch?v=y1oLmr8cZ2g


It's not the first time that one of musk's tweets leads to a bull-run... Something to think about... 

Thoughts?

Musk, just trying to promote his company my friends. He is only interesting with Tesla's future. And he is using all tolls for that including cryptocurrencies (especially BTC).
Don't expect something useful from him. It is not pretty possible. And don't forget, he already tweeted about Bitcoin few times but there were no affect on Bitcoin's price ever.

Musk has done a lot in the field of space exploration and, in particular, the exploration of Mars. Recently, he probably has done much more than all the states of the world. At the same time, he has repeatedly written that he is little interested in cryptocurrency. It would already be a lot for one person, so that he would also be Satoshi Nakamoto. People always tend to fantasize too much.

[ChrisPop]

I don't think Musk has such a big influence on the cryptocurrency markets. He has an influence on Tesla and other subjects because of his influence, but when we're talking about an entire market that has a myriad of different participants a tweet is like a drop in the ocean. It might have its impact, but unlikely to be a significant one.

All price moves are the result of an imbalance of buyers and sellers and the fact that most people don't understand what Elon actually wanted to express it says a lot about the wisdom of the crowd which is led mainly by greed and fear. If this tweet had any influence on people it is only because people "hope"  that it is good news.

[bitbunnny]

First of all I don't see any massive bull run. There is some price rise but it's still hard to tell if this will grow to continuous rise or bull run, tine will tell. However, I don't think that Elon Musk.has anything to do with that.

[Febo]

He is the one. He is Nakamoto. Now we know how Tesla and Space X are being financed!

Lol, they are financed with what Bitcoin will kill. Printing of money.  You cant run unprofitable companies forever without printed money that keep entering stock market to pump value of all stocks.

[Doell]

there is a lot of inaccurate information about running crypto this maybe like a tradition when prices start to improve then are many false claims in the community like musk ,but if he really contributes to raising prices it doesn't hurt for him to make such statements we don't know that

[hello_good_sir]

Lmao. I wouldn't give much weight to the argument.

That would be equivalent to saying that McAfee's tweets back in 2017 somehow sparked this bull run, because people expect prices to soar this year.

It's obviously not the cause. I'd say that geopolitical tensions, combined with bitcoin's intrinsic price cycles that occur every four or so years based on the halving is the true causes of this rally. It's not even that strong of a rally, so I'm not sure why people seem to be preoccupied to finding explanations when there may not be a singular one.

[The Sceptical Chymist]

Too much conspiracy roaming around the internet about Elon musk, Who knows .

I don't think any of it is serious and it sounds like people are just talking crap.  Elon Musk presumably had enough on his plate in 2008-09 that I don't think he's a candidate for being Satoshi. 

And I don't think that stupid tweet was responsible for bitcoin popping up to $8900--nor is that a massive bull run, OP.  It's a nice bounce-back from its recent lows, but you have to remember that bitcoin was over $10k this past summer, which wasn't all that long ago.  That said, I have no clue what's causing the market to be jumping up and down at the moment.  It's the altcoin market that's up quite a bit, too.