someone who have power in money, popularity, will get more and more than just ordinary person. just with one tweet he can take much fish from this pool, crazy.
people will do what make them take the advantage, not much as the richer, but they get profit too. they have strategy to make profit, and other people must have own strategy too.
I wish I had the power to cause that impact with such minimal efforts.
Whales have to invest money to create the hype or play down the market but this guy can make a single tweet and achieve the same result if not bigger than the whales.
Imagine how easy it must be for him to make money. Purchase some BTC --> make a tweet in favor of bitcoins --> people go mad and bitcoin goes to moon --> sell the coins take profit --> make a tweet bitcoin is not the future --> market dumps. Rise and repeat the same process.
The real fools are those who buy anything he tweets for and sells anything he tweets against.
I know that right now it seems like everything is going great for Musk but I will not be so sure this is going to keep being the case, the guy is taking a huge risk, the SEC could begin to investigate him because this is a clear case of insider trading and manipulation of the market, so if he continues with this behavior I think there is a chance he will face legal charges, so even if it seems that he has great power he is clearly abusing it and sooner or later he will pay the consequences of it.