Elom Musk is farting, the whole crypto suffocates! Is Elon working with SEC?

[Ryker1]

^[snip]
So guys are you going to continue to dance with the SEC's joker? Or ignore his puppet dance?

Because, with Bitcoin doing a fork, Ethereum doing a fork and Elon giving the SEC a reason to bite and legalize the crypto under strict oversight only, which will end most of the crypto by making them illegal in US and Europe. The consequences for your portfolio will be huge.

What do you think?

Well, I can tell that there really is a possibility that Elon Musk is working with government agencies and possibilities are beyond. It’s not only SEC I can see that he might be working with, but also the higher themselves too. Also, it is not impossible that the statement he tweeted has been engineered by someone with higher powers so that they could stop the growth of bitcoin. There is a lot of possibilities here but I hope that Elon Musk is doing fine. I would actually suggest for him to stay with the industries he chose before and not here.

[Kayum10029]

Tweet from Elon musk profile which already victimed the cryptocurrencies market. All cryptocurrencies market price already decreased more than before but many experts analysis elon musk act as government agencies and he would destroy cryptocurrencies market. Recently too ranked cryptocurrencies market below. ....

[dikistutmazsabri]

I don't know who elon musk works with, but it really started to affect the market negatively. A lot of people have been victims of Elon Musk's stupid behavior and they are very angry with Elon Musk. Elon Musk should break his relationship with cryptocurrencies as soon as possible, or it seems that it will create even worse effects.

[cabron]

Elon Musk is John McAfee. John McAfee is Elon Musk. I sent tweets to Mr. Musk telling him to stop the manipulation because he is playing with fire. Now it's up to him, but what he did may not pass without consequences. Being a billionaire doesn't mean you can do whatever you please. A lot of people lost cash already and aren't happy about it.

No I think that McAfee was acting alone, while Elon Musk I think is the puppet of the regulators. Big difference.

He is not acting alone, he may even be acting not his will. There had been many things going on when the government is about to regulate the mining of Bitcoin. Maybe this is the reason why he wants to go to Mars 

But you have got to appreciate the strategy done here. I think he is doing a favor to the institutions and the government. Its just funny how he wants conservation of electricity when he owns electric cars.

[eaLiTy]

The attitude of Elon Musk seems to be as stupid as can be. Of course some will say that when he manipulates the markets with big announcement like Tesla will accept Bitcoin, then Tesla will temporary stop accepting them, and soon Spacex will accept Bitcoin, this seems like a kid playing in a sandbox with friends.
However, this also enlight how crypto can be manipulated and needs some kind of control from the government.

If you are following the drama related to his market manipulation it is not restricted to the cryptocurrency market, for years he is doing the same in the stock market where some of his tweets will make and some will break the market and it is going on for years and he is aware of his market influence.
I think you are assuming too much here and if he is controlling the Twitter handle he has the power to influence the market and there is nothing that can  be done against that.

What surprised me is that the correction in the BTCitcoin market boosted the stock exchanges which means the money is flowing out from one market to another.

[Bilgent]

I don't know whether he is working with anyone on this. But one thing is certain that his reason was not the high usage of fossil fuels or high electricity consumption. He already knows about these things that's for sure. I see this as nothing more than a market manipulation. And we also got many negative news in the last 24 hours. I wonder whether all of these were just a coincidence or not.

[online73]

From the first day of its existence, the cryptocurrency has been subjected to various manipulations, and the decay products of Elon Musk's intestines have nothing to do with it. I hope you didn’t think the bitcoin rate will go up forever? ..Use this as long as the price makes it possible to buy at a good price - we will all lick our lips at these prices when bitcoin is worth over 100k.

[arapgeceleri]

Elon Musk has constantly manipulated the market from the beginning, and everything he really does has affected the market with every word he tweeted. Although it is accepted that it has a positive effect for some, it cannot be said that it has had a positive effect especially in terms of bitcoin recently. yesterday people even created a hashtag for tesla on twitter. It was reacted by a lot of people and I think people were right.

[uneng]

I feel bad for what he has done. I thought crypto community could really count on him to help promoting it and engaging new people to crypto currency. But he actually managed to destroy all the good he has done for crypto in just one tweet. I don't solely blame him though, because crypto currency is all about decentralization and freedom, while what people have done was to idolize Musk and put him on a demigod position, going totally against what crypto currency was meant for. A man who has so much influence power over his kind isn't the root of the problem, but a consequence of the first, that is the idolatry and lack of personality of the masses.

It's shocking to see how people allow themselves to be manipulated. I don't know if others know this expression, but it's the called *cattle*: unable to think and act by themselves, always waiting for a superior command to go with the herd without questions.

Now I really don't know what is the catch of Elon Musk. Or he is a fool, an irresponsible, a sockpuppet of globalists, or he is a very machiavellian person, just playing with prices to see how powerful is his influence on the market and of course, to buy the dip. I can't believe a guy like him didn't know about the sustainability of bitcoin mining and operational costs stuff before he started investing and promoting it on the social medias.

[harapan]

Elon Musk is just taking advantage of the crypto meme season and using his influence, he can get a lot of people to do his biddings while pumping all of his bags for him. At the very beginning, a lot of us thought that if elon is part of the crypto community that it would be a good thing because of the influence he has and how much he hate short sellers due to what happened with Tesla stocks but not anymore. That tweet about Bitcoin showed us the kind of negative energy he has. It's clear now that he's only unhappy with shortsellers if his bag is part of it.