lifeforcepools
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May 17, 2021, 07:33:49 AM |
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BTC is falling too fast. I don't think Musk did it.
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TastyChillySauce00
Legendary
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Activity: 3122
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
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May 17, 2021, 10:16:30 AM |
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Yeah, exactly. Individuals need to quit talking with him. He is playing with everyone, think about it. He has the power to manipulate the markets, since he adopted it as a business model and he abuses it. He could make significant changes with just one tweet. Be cautious with what you read and get emotional about.
The thing is, despite all what he has done people still follow him regardless but I doubt he will stop his act anytime soon, not until he make thousands percent of profit lol and actually I think many whales just following the flow by taking elon's tweet as a guide therefore why price could dump so fast. but regardless, many institutional investors still bullish about bitcoin regardless of what elon musk saying, meaning probably many have predicted that the price could climb up again though who knows right?
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Wawa2013
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May 17, 2021, 10:29:26 AM |
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Yeah, exactly. Individuals need to quit talking with him. He is playing with everyone, think about it. He has the power to manipulate the markets, since he adopted it as a business model and he abuses it. He could make significant changes with just one tweet. Be cautious with what you read and get emotional about.
The thing is, despite all what he has done people still follow him regardless but I doubt he will stop his act anytime soon, not until he make thousands percent of profit lol and actually I think many whales just following the flow by taking elon's tweet as a guide therefore why price could dump so fast. but regardless, many institutional investors still bullish about bitcoin regardless of what elon musk saying, meaning probably many have predicted that the price could climb up again though who knows right? Elon Musk will continue to manipulate market, so that he can profit from cryptocurrency, therefore stopped responding to what he said on twitter about Bitcoin. Better to focus on collecting Bitcoin now, because the decline in the price of Bitcoin is a great opportunity to buy Bitcoin. Because I also believe the institution still believes in the future of Bitcoin, so I believe the Bitcoin price will not drop below the $ 40k price tag. And there is still a big possibility that Bitcoin price can recover soon and return to above $ 50k price again in the near future.
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Vishnu.Reang
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May 17, 2021, 10:45:52 AM |
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I hate Elon Musk as much as anyone else here. But at the same time, we need to ask ourselves a question - how is it possible for a single person to manipulate the cryptocurrency market so much, despite having a market capitalization of more than $2 trillion? A decentralized asset not controlled by any individual or entity should not behave like this, right? If such manipulation is still possible with cryptocurrency, then institutions and mainstream investors may refuse to invest in this asset.
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ven7net
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May 17, 2021, 11:09:48 AM |
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Am I the only one who finds his tweets and market manipulation annoying?
A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.
To avoid such manipulations in the crypto market, one should not rush to draw a conclusion just by reading a message from Elon Musk. If we react so negatively to every tweet or other message from influential people, then we ourselves will lose all our crypto assets simply by selling them. I believe that the crypto community should already distinguish where there is manipulation, and where is real news, but as practice shows, some of the crypto users are still susceptible to provocations and manipulations. Of course, it is very difficult to read such messages from Elon Musk, but you need to understand that he probably does not voice an independent opinion, but other people, for example, to bring down the price of top cryptocurrencies and buy them at a lower price.
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Pbacala
Jr. Member
Offline
Activity: 75
Merit: 5
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May 17, 2021, 12:17:38 PM |
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Just hoping that the court will block him again to post these kind of tweets all the time
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BobK71
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May 18, 2021, 10:33:49 AM |
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Elon is speculating to collect more bitcoins. I think at some point he will do his best to increase its price. A lot of people actually lost money. Elon be careful.
I also lost my some money. I fuck Elon Musk. Someone make a Altcoin name of Fuck Elon Muck. https://bscscan.com/token/0xd2602dbb063627b80d5ae671007900f558c49e35
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Distinctin
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May 18, 2021, 11:50:00 AM |
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lol.. a shitty coin created because of a shitty person. The hate on Elon Musk now is all over, before we admire him and we thought he is god, but because of what he did, the market dump and lots of people are disappointed.
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bosede1
Member
Offline
Activity: 714
Merit: 16
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May 18, 2021, 12:41:52 PM |
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He who laughs last laughs best it is their time now, just waiting for the same Elon musk to criticized or finds fault in this same dogecoin in the long run. In my little corner, I am just observing the trends in which all this leads.
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ropyu1978
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May 18, 2021, 03:06:54 PM |
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elon musk made bitcoin enthusiasts disappointed, elon musk also made a lot of people hate him, because his tweets on twiter made bitcoin prices fall`` But I firmly believe that other millionaires will come like Elon Musk, to criticize Elon Musk ..
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wallet4bitcoin
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May 18, 2021, 05:44:50 PM |
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Elon musk invest in btc, then he completed some step to increase price of btc. And i think now he sold his btc (Not sure). Yes, That was a trap for traders specially for newbies. Doge pumped too much for his hype. But, I don’t know what will happen in future. Cryptocurrency is playground for rich people. -2
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Woodie
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May 18, 2021, 05:59:43 PM |
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Am I the only one who finds his tweets and market manipulation annoying? There was a time i would look forward to see what he has under his sleeve after he announced his bitcoin invest but now that his doing it aggressively for dogecoin am not a follower anymore because this guy crashed the market. A lot of newbies falling into the trap unfortunately. Learning experience I guess BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.
For a guy with big pockets, those tweets do carry weight and his built abcommunity that don't miss all this action and usually react to it.
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temple
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May 18, 2021, 11:24:16 PM |
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lol.. a shitty coin created because of a shitty person. The hate on Elon Musk now is all over, before we admire him and we thought he is god, but because of what he did, the market dump and lots of people are disappointed. Isn't it a bit narrow-minded to make him responsible for a declining market? Why did you follow the hype in the first place? If you say he took Bitcoin from on price to another and then down again, what exactly did he do wrong? Why not just fully ignore him and let him do his thing and everyone else does their thing?
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chaoticmayhem
Newbie
Offline
Activity: 4
Merit: 0
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May 19, 2021, 01:01:54 AM |
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What's all the complaining about Musk for? Crypto has been sky rocketing since the beginning of the year and it was long overdue for a correction. Look at the crypto market. They're all down. If you think Musk is responsible, you should be thanking him for making it more affordable. Good investors buy on the lows, not the highs.
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pedrillo0
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May 29, 2021, 09:43:05 PM |
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Am I the only one who finds his tweets and market manipulation annoying?
A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.
Dogecoin does not have as many markets as Bitcoin, logically BTC will always be the favorite of the entire community. Unfortunately as you say, many newbies follow his game. But the market always wins, best regards.
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Ryker1
Sr. Member
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
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May 29, 2021, 09:56:22 PM |
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Am I the only one who finds his tweets and market manipulation annoying?
A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.
Dogecoin does not have as many markets as Bitcoin, logically BTC will always be the favorite of the entire community. Unfortunately as you say, many newbies follow his game. But the market always wins, best regards. Well, we hope so, --because as I can see here, he was triggered smallholders to become scared and continue of their FUD. Perhaps that is the reason why the bitcoin price until now did not recover from the dip loss. Elon Musk here as I can say is very greedy when it comes to money and I don't have doubt if that is how the mindset of an entrepeur will work. We hope that we learned from this, from now on, ignoring him is most likely a good idea. So that he will never manipulate the market.
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| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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noah tall
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May 30, 2021, 08:39:22 AM |
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Elon musk is the villan of crypto market, but we can't do anything we can't stop him from fudding or anything he is doing , the best way to understand this trap and safe our portfolio and also we can't control anyone from promoting any project, if we thing dogecoin is a shitcoin then we have to stop investing in it.
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mrongoz22
Sr. Member
Offline
Activity: 518
Merit: 250
LIVECASINO
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May 31, 2021, 06:06:26 AM |
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elon musk is a smart person, good at tricking people into bitcoin, beginners can get frustrated, just one twet in twiter has made other people panic, moreover he posted several times, surely the others are also scared, but in my opinion for seniors who have been playing for a long time in bitcoin, he doesn't care about twet elon musk ..
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LIVECASINO
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KeikoKitagawa18
Member
Offline
Activity: 364
Merit: 10
World Family Coin
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May 31, 2021, 10:44:27 PM |
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Yap btc and any others top coin isn't affected but for any other alts with small marketcap it diferrent story because when Elon tweet something about doge most of the investor sell their bag for buying DOGE, thats why when doge price rise so high buy any other alts with small marketcap going down.
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Luqman
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May 31, 2021, 11:01:16 PM |
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when Elon tweet something about doge most of the investor sell their bag for buying DOGE
Most investors? Are you sure? I don't think it is true, mate. Only a few people follow the hype of Elon tweets, most experienced investors aren't interested in following the hype. They prefer to buy top coins that have more value and supported by strong teams. While Doge has no strong team and seems not really promising to buy for a long-term holding. So, how can most investors prefer to buy a coin like Doge? It is not true.
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