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Author Topic: Why do people follow Elon Musk?  (Read 693 times)
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February 10, 2021, 05:29:03 AM
 #1

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.
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February 10, 2021, 05:39:18 AM
 #2

Are you sure that he is the biggest investor in the cryptocurrency market?  Tongue

Have you heard about Satoshi Nakamoto who is having 1 million BTC in his wallet for very long time but Elon mus publicly admitted that he is having 0.25BTC only.
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February 10, 2021, 05:50:04 AM
 #3

People follow him because he is the biggest man in cryptocurrency
He is not the biggest man in crypto. He has less influence than even someone like CZ.

He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you.
He has only ever talked about Bitcoin. It took a place in his twitter bio. With DOGE, his interest primarily lays because DOGE was popularized as a joke, meme-coin. DOGE will not continue its trajectory as there are longtime miners and holders waiting to dump it.


 I think that's why people follow Elon Musk.
People follow him because he built successful and technologically groundbreaking companies like PayPal, SpaceX and Tesla from scratch and because his life's mission is to make humans an interplanetary species.
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February 10, 2021, 06:04:25 AM
 #4

currently Elon Musk is the richest man and is in the spotlight of technology. so many people have made him a role model. when he glanced at the world of crypto, there will be so many people who will study it, and even invest. after all, great people would always be role models for now, that was the reason.

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February 10, 2021, 06:07:51 AM
 #5

His success is enough already for the people to follow him. What he did and is doing right now are enough already for the people to follow him.
His influence is very high already that so many people follow him. Its like when ShitAFee is shilling a coin on twitter back in the days. Many people also following what he is saying.

People follow him because he is the biggest man in cryptocurrency What he says happens.
At least you can re-iterate this as the "richest person in the world" because he really is but "biggest man in cryptocurrency"?? How can you say that he is the "biggest" Cheesy. Remember the creator of Bitcoin who is currently holding a million of it right now.

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February 10, 2021, 06:46:13 AM
 #6

Many believes on the hype he is given in the market, whether we like it or not, Elon is very influential and that's why many follow this man.
Though, I don't think he's the biggest holder now since many are already here in the market since day one and even Satoshi, he holds millions of Bitcoin as far as I remember and Bitmain remains on the top 2 spot for the largest Bitcoin wallet next to Satoshi.
elon musk is the richest man in the world but not the biggest cryptoqurrency holder. as you already know about satoshi and bitmain, one of the biggest bitcoin holders today. because the DOGE price went up so significantly yesterday that it made most people think that the man was very influential in the crypto market. so people started to follow everything the guy did.


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February 10, 2021, 07:09:11 AM
 #7

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.
Truthfully he's just new and what's indeed funny is that his company's market cap was surpassed by Bitcoin. In the current time he was but the biggest and baddest of all was Satoshi and it's firmly believed he has 1M Bitcoins https://decrypt.co/34810/how-many-bitcoin-does-its-inventor-satoshi-nakamoto-still-own? and who knows he/she/they show/s up when the time Bitcoin sitting around 6 figures, though it's too rare to happen too.

What he says doesn't happen, people does to be honest. Considering as well that he's been held as the wealthiest man right now on Earth it isn't surprising that there are huge crowd follow him, I admit I do, he's brilliant and you can learn for two on his amazing career. Little do everybody know that the huge men behind Bitcoin aside from Satoshi was the developers that continued the legacy and those early adopters that promotes it and now it was being adapted worldwide. A little thanks to them before we even say Elon was the huge or biggest man in crypto space.
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February 10, 2021, 07:19:16 AM
 #8

Many people follow and respect Elon Musk's innovative projects. His every word counts, not just about cryptocurrencies. Elon Musk must continue to maintain credibility and fulfill his promises. If the promises to pay with Bitcoin come true, Bitcoin will gain a lot of value. We will follow these explanations  Smiley

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February 10, 2021, 07:39:42 AM
 #9

Elon is an ambitious person. People like to follow those who  are ambitious. They know that anything a proven ambitious person says is going to affect how people look at things. Hence, most of the people are following Elon for their own benefit/profit. Like look at this. Elon changed his bio in twitter to #bitcoin. Those who has been following Elon knows he is up to something. So they started investing in bitcoin and other crypto currencies. And then after a week, baam! Tesla buys around $1.5 billion worth of bitcoin causing the price to reach a new all time high! Those people who invested early after looking at updates from Elon, already made some good amount of profits!
So in other words, people are interested in Elons work since they are interesting and also help them make profit.

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February 10, 2021, 08:11:16 AM
 #10

I don't think we need to argue how ambitious Elon Musk is, but coming to the crypto space in general, I do not think he is the biggest Man. The biggest Man we all know is Satoshi owing to the number of Bitcoin he owns, but since he is not around, I can't say for sure who is next in line. Also, the reason why it looks like whatever he say moves people is because of what happened with Doge coin, afterall all these years Doge coin was struggling until he showed more interest which lead to its growth, and since people have seen that, they now glue to him. He is a very rich and successful man in the world out there, but when it comes to the crypto space, there are people holding more Bitcoin than him. On the other hand, when you talk about influence, yes, he has a good influence in the crypto space now.

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February 10, 2021, 08:13:28 AM
 #11

currently Elon Musk is the richest man and is in the spotlight of technology. so many people have made him a role model. when he glanced at the world of crypto, there will be so many people who will study it, and even invest. after all, great people would always be role models for now, that was the reason.

Agree, this is the reasonal reason why people follow Elon.
Also, theres many people behind Elon which have many followers too, so its like a domino effect when Elon glanced at the world of crypto.

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February 10, 2021, 08:22:46 AM
 #12

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.
People follow him just because he is an innovator and a brave investor who takes risks. He established the first private company that deals with spaceships (SpaceX) which many people thought that it will fail. Now every time he speaks up for something then it gathers people around him. He is so influential that even though he has not deep knowledge (he says that he has not) in cryptocurrencies, people follow him either way. He will be an inspiration for many other people and companies soon.

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February 10, 2021, 08:36:23 AM
 #13

Better see the BTC market and DOGE market after his tweets, and following him because he is unrestrained although he is already a CEO of Tesla Incorporation
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February 10, 2021, 08:48:30 AM
 #14

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.
Successful because of his projects and many people believed in him that he is the first person promising about mars who else doesn't want to go in mars someday? Also about tesla people are now being curious about bitcoin it self since he tell people that tesla is now going to accept bitcoin as a payment he has an good impact in the crypto currencies not only because he own dogecoin. It's true every time he talked about doge the price went up he always tell people that crypto currency is for the people and this is the future he always believed in that how can you not idolize such a successful man in the world not only in wealth.
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February 10, 2021, 09:28:18 AM
 #15

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.

He never specifically said that he got investments within the Cryptocurrency Industry, all he is doing is hyping up the values but never stated that he invested on a Single Cryptocurrency. He just knows about Cryptocurrencies and his influence is enough to jack up the prices of it. People follow and believe him because of his recognition within the world of Technology. 

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February 10, 2021, 09:44:16 AM
 #16

Well I'm not because I don't have buying power but for sure, I'll take that opportunity to join the hype even if its risky because I know money is there maybe next time I'll follow him for good. Elon Musk is the richest man in the world as of posting, and that makes him more popular. If there's a chance to follow him do it, but you have to make sure to set up strategies so you wont get trap when big whales liquidated.

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Mauser
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February 10, 2021, 10:16:03 AM
 #17

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.

Elon Musk is a great entrepreneur and a good investors. He communicates his ideas very quick and efficiently via social media, so it is pretty easy for the average investor to follow his trades. He is very successful with his two companies SpaceX and Tesla which made him one of the richest man alive. With such kind of money there are going to be a lot of people who advise him on how to invest his wealth.
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February 10, 2021, 10:23:52 AM
 #18

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.

Because of its influence remember he is the most richest  guy alive right  now  and many people keep looking at him as his words is wisdom to others, Many people want to follow his foot tracks that's why  whatever he tweets and told to buy many will grab that hoping that they can earn a fortune by his help.

If you are successful and famous many will follow you this is the easiest answer on your questions.

R


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February 10, 2021, 11:22:57 AM
 #19

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.

A lot of people see a visionary in him. When he founded SpaceX in 2002 i think even his most loyal supporters didn't expect that spaceX would become the most innovative space travel company on earth. Even ahead of nasa.
Same with Tesla. They pushed the development electric cars so hard that now even the bigges car producers in the world like VW, BMW and Mercedes are afraid of Tesla and heavily invest in their own electric cars.
Therefore it is no surprise to me that people also believe Elon Musk when he says that crypto is the future.. good for us  Cheesy
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February 10, 2021, 11:23:49 AM
 #20

People follow him because he is the biggest man in cryptocurrency What he says happens. Is one of the people and when he speaks it is clear and easy.
He is a successful man in cryptocurrency The coin he talks about gets his price up. a few days ago he tweeted about dogecoin and check his price where are you. I think that's why people follow Elon Musk.

We are all following the guidance of successful people, and Elon Musk is the highly successful person that he is, many are looking and following what he is saying because tend to consider successful people as having a Midas touch, and since he is tweeting and making hype on DogeCoin, people think that DogeCoin will become the next big thing in the Cryptocurrency, I'm sure there will be more tweets promoting coins in the future, be sure to get a hint.  

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