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Author Topic: Why do people follow Elon Musk?  (Read 693 times)
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February 10, 2021, 03:23:25 PM
 #41

Elon wasn't followed by all because of current hype at all. He's followed by all from wordwide because of his innovations, not because of current tweets about dogecoin.Although, it helps a lot for crypto market to become more bullish.But he already told that dogecoin is just used for a meme purpose and everyone gets into fomo. As a result, it's pumped dogecoin which might not be expected by him. So, don't get into fomo and DYOR first.

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February 10, 2021, 03:50:49 PM
 #42

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.
I wish he does the dogecoin tweet in the bear market and will see what happens. The confidence is back in the space and news can easy sell. People really bought into dogecoin this year in an incredible way and most old traders consider the decision has not the smartest. Elon musk is a big name and has put his money where is mouth is with bitcoin but I dont know about the doge. Let the old coin enjoy its fame

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February 10, 2021, 04:03:54 PM
 #43



Its not wrong to believe in him, we normally follow and believe people who are smarter and richer than us. Anything he says might just affect us and if he says we could all live on mars by 2040, I'd be the first to buy a ticket to Mars. People has to believe in someone or something and right now we believe in him that he could bring crypto to mars.
More precisely, we often like to follow the rich, famous and influential because they have such a great reputation in the world, most of the products they choose are of certain qualities and can produce a lot of profit, sometimes it's just a contract to advertise the product but they can also create trends that people are excited to follow. Attracting people is a strong point Elon Musk is achieving, regardless of whether he invests in crypto or not, he is in a position to make an impact, and following him is one way for us to keep up with trends and stay ahead of people's minds

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February 10, 2021, 04:04:06 PM
 #44

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.
Rich people do have influence over other people for some reason. I am not talking about just their regular financial influence on the world, that is understandable, I am talking about like a "rock star" type of situation, they get adored like famous tv celebrities for some reason, and the richer you get the more people love you and that is a bit of different and weird situation to me.

I do not see them as celebrities to promote, I see them as evil people who cause the world hunger, tomorrow morning Elon Musk could wake up and pay 100 billion dollars to feed every single human in the world and not just buy food, literally buy lands and turn it into farms to feed everyone in the world with that kind of money, but he doesn't. Whatever the reason is for people to see rich people as celebs to adore espaces me but they do have that kind of influence over people nevertheless.
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February 10, 2021, 04:06:50 PM
 #45

Personally, I believe that Elon Musk is an outstanding inventor and has a number of high awards. And also a very rich person who knows and confidently tells how you can become a successful and rich person. In our modern time, there are a lot of people who want to achieve great success. And Elon Musk sets an excellent example for everyone how to become successful and rich. And even just being close to successful people can get a large flow of positive energy for your own successful development.
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February 10, 2021, 04:10:19 PM
 #46

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.
No he is not the biggest man in the cryptocurrency, the reason why people are following Elon Musk is because he is famous and he is the founder of the spaceX and simply because he is one of the most intelligent man in the world, he is the only one saying that Mars will be eventually inhabitable by man. People called him "Alien" because of the mind that he has, aside from this Elon Musk was one of the biggest reason why doge and bitcoin is pumping up. Imagine he buys 1.5b of bitcoin that's why many people are following him right now.
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February 10, 2021, 04:15:28 PM
 #47

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.
No he is not the biggest man in the cryptocurrency, the reason why people are following Elon Musk is because he is famous and he is the founder of the spaceX and simply because he is one of the most intelligent man in the world, he is the only one saying that Mars will be eventually inhabitable by man. People called him "Alien" because of the mind that he has, aside from this Elon Musk was one of the biggest reason why doge and bitcoin is pumping up. Imagine he buys 1.5b of bitcoin that's why many people are following him right now.

Also, he's the richest man in the world atm.

https://www.forbes.com/sites/sergeiklebnikov/2021/01/14/elon-musk-is-the-richest-person-in-the-world-again/?sh=26f918d47c14

Who wouldn't follow if you do have that kind of title? Everyone will know on what youre capable of and what are your achievements.

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February 10, 2021, 04:44:21 PM
 #48

I just followed Elon after his tweet about doge. I don't follow accounts that have a lot of followers, I followed Elon Musk after my wife asked about him and Doge.

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February 10, 2021, 05:21:36 PM
 #49

I just followed Elon after his tweet about doge. I don't follow accounts that have a lot of followers, I followed Elon Musk after my wife asked about him and Doge.
I think this is not a good thing buddy, you might be affected by Fomo, I'm not saying don't follow Elon or do not believe everything that Elon was saying but you should buy a coin based on your perspective, research and decision. I have read a one tweet in Twitter he bought doge at high price and then he reply to Elon that he lost his fortune because he follows him, I don't know if this is true but the thing is if you will blame other person in the future because you lost money then don't do it, you should be responsible enough in every trade that you are dealing and making with, he may be an influencer but you have your own mind and body.

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February 10, 2021, 05:28:09 PM
 #50

The reason behind the increase in Doge's price was influenced by Elon Musk, I also did not expect that just a word from that man could make the coin price increase sharply like Doge back then. and it is said that the man started investing in bitcoin and this also made most of the people started to follow him. so there is nothing wrong if you believe in it.

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February 10, 2021, 07:39:27 PM
 #51

People follow him because he is a tech pioneer and a brilliant man. Now he is just milking money out of people . I dont know if he invests in Doge before pumping it but I wouldn't bet against it. It's practically free money for him
Not sure how Elon Musk is milking money out of people, he is not endorsing anyone to invest in anything and people does follow him taking cues on what he is trying to do and he is trolling most of the time, but with news coming out about his company investing $1.5 billion i would like to know his part whether they invested before his tweet or after that.
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February 10, 2021, 07:45:16 PM
 #52

People follow him because he is a tech pioneer and a brilliant man. Now he is just milking money out of people . I dont know if he invests in Doge before pumping it but I wouldn't bet against it. It's practically free money for him
Not sure how Elon Musk is milking money out of people, he is not endorsing anyone to invest in anything and people does follow him taking cues on what he is trying to do and he is trolling most of the time, but with news coming out about his company investing $1.5 billion i would like to know his part whether they invested before his tweet or after that.

I bet he invest first after that announce it, he already test the market by tweeting Doge and the price rise so high.
For Doge, i think all of his do is only trolling of it and make fun of the price which happen by his twet.
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February 10, 2021, 07:48:20 PM
 #53

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.

An easy answer he is the richest man in the world that is why the world follows him. Once he says something about anything people think that he likes it and is getting into it so people simply follow him. On the other hand he is doing so much work on and for technology that people follow him.

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February 10, 2021, 11:34:33 PM
 #54

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.
I just recently read an article saying that Elon Musk bought 1.5 billions of btc, maybe that is why btc became 47k usd last time ai checked.
Elon Musk is a man of vision and inspiration to many people that is why a lot of investors are being inspired by him to the point that everything he said have a big impact to the business of others.

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February 11, 2021, 02:41:55 AM
 #55

well,he is a great innovator,  his ability to amass millions of fans
with minimal spend on marketing and advertising campaigns is an anomaly.
his successful in tesla already proven, and now he invested $1,5billion in BTC,
admit it or not, we're all following him because his movement to invest in BTC because
we can become like him too, so we can become a successful bussinessman like him

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February 11, 2021, 06:48:43 AM
 #56

Elon musk is richy rich I get that but what did he knows about crypto? It's not too long that this man started supporting crypto, isn't this the same things we've witnessed in the past with some popular rich men? John mcafee for example, yeah I know Elon is much more than John but this guy isn't a blockchain expert either

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February 11, 2021, 08:55:43 AM
 #57

Everyone knows Elon Musk is a successful businessman and he is one of the big infestors and it deserves everything Elon Musk talks to come true and now everyone is waiting for Elon Musk's voice.

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February 11, 2021, 08:55:59 AM
 #58

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
Truth to be told. Elon’s impact on DOGE’s ascent was enormous. Although many say it is strange. In all fairness to him. Obviously not exclusively DOGE is above, BTC and ETH are still higher. Despite the fact, it had nothing to do with him. Because DOGE only reappeared after getting the eye of the crowd because of Tesla’s CEO himself.
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February 11, 2021, 09:26:28 AM
 #59

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.
Well... that may be possible but then that means people who follow Elon Musk because of that means they don't have much background about bitcoin. Aside from that disregarding crypto connections, Elon Musk is a billionaire; of course people who aspire to be like him will follow him; what he does, how he thinks, and how he do things in his own way. That may be one reason, but there are other lots of reasons to consider.

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February 11, 2021, 10:40:34 AM
 #60

He is famous and rich but in terms of cryptocurrencies, I don't think he is up there.

He is influential, that is so true the fact that the price of Bitcoin and Doge that he tweeted increases. He is followed by investors, some of them to know what is his ventures or investments he's doing. And maybe, some of them got curious, and since knowing how rich Elon Musk is, they think it would be a great investment, which they should really know.
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