A common enemy in the crypto world--Elon Musk!

[NorvsGanda]

Think about this guys. What if Elon Musk just want to lessen the power of whales and add it to the normal crypto traders. I mean to those small scale holders, investors and traders? Because as we all know, a big part of the market price movement comes to the whales market manipulation. The one who controls the supply, controls the price also. I'm just thinking that Elon Musk want to eliminate the idea of having "whales" in market so that common people will always have some capability and access to the market, not just a specific group of rich and powerful people. Just wondering.

[1715406670]

1715406670

[1715406670]

1715406670

[gribalenfeksiyon]

In the crypto money market, many people such as Elon Musk and Elon Musk have come and gone. elon musk will be forgotten after a while in . But here's the downside, as Elon Musk tweeted and gave people an investment signal, people wouldn't want to give up on it. because people love to make money the easy way. and no matter what Elon Musk does, they can love him back if he tweets it again. I find what elon musk did very wrong. he acts as if he is the master of the market. He manages the market according to his will. I don't like him either.

[sayaya17]

For Elon Musk's positive tweets about crypto, I agree and support, but if Elon tweets to discredit crypto, like discrediting bitcoin,
I really don't like it, because once Elon tweets, it becomes hype and can affect the public. I don't like the way bitcoin can go down
this low because of Elon Musk's tweets. This is very detrimental to me because Elon Musk's tweets of my assets in trading suffered
a lot of losses.

[Kasabus]

For Elon Musk's positive tweets about crypto, I agree and support, but if Elon tweets to discredit crypto, like discrediting bitcoin,
I really don't like it, because once Elon tweets, it becomes hype and can affect the public. I don't like the way bitcoin can go down
this low because of Elon Musk's tweets. This is very detrimental to me because Elon Musk's tweets of my assets in trading suffered
a lot of losses.

That only proves how Elon Musk able to manipulate the market in his own crazy way. And there's nothing we can do with that than ignoring him otherwise, our emotions will be much affected.

Now that Tesla has announced that he has not been selling any bitcoin, so we'll be quite confident that bitcoin won't create dump this coming days. Unless if Elon will come up with another tweet that will create negative impact to bitcoin, then maybe dump will be inevitable.

[wajik-tempe]

It's a usual thing in crypto that any news will affect the price of cryptocurrency, elon is the center of the news right now, many people are following his tweets and everytime he tweeted market will move a second after his tweets.
Yeah many people hated him right now because of big losses caused by his statement, but also there are many people already become millionaire thanked to him. So it depends on the people, with a smart strategy and a big luck, this kind of condition will make profits

[MadeMen]

Elon musk has leveraged on the fact that the cryptocurrency market is governed by sentiments. People take decisions mostly by what they hear and see. Only a handful of cryptocurrency enthusiast has their own will and make decisions after carefully studying the scenario and making their own research.

[el kaka22]

For some people he has turned out be source of high profits and I don't think they hate him in the crypto world.For instance the Dogecoin millionaires US brothers who invested $8k in Dogecoin and now they are playing in millions.This is how market works and if you keep the pace with the flow you can also make small or large share in profits depends upon your perspective.Tesla is still holding its Bitcoin after suspension of Bitcoin related payments and who knows he is buying this dip and disclose it later.You might have sell at low and find Musk guilty for this dips but you need to know that many initial btc supporters turn to be against it after having their profit share..When you understand the foul market play you win.

I didn't like him when he was making some people profit, I do not like him when he is causing people to lose money as well, I knew this day would come. There is no way in the world where people could keep on making profit from some guy tweeting, sure it could go to a point but it will eventually crash and burn, that dude could come out and say "I changed my mind, dogecoin is a shitcoin" and the price would go down 50%+ in a few hours.

This is why never leave anything to chance, never let someone else take the charge of your financial situation instead of you, people who leave it to Elon Musk were idiots and I always said that but they said "I have made 5x profit so far!! suck it!!" and all kinds of annoying stuff, kudos to the ones who made profit and know when to get out, but now we are left with so many people who lost money because of Elon.

[Coroline]

It is as if what is happening now is that Elon becomes a common enemy when the market turns red and becomes a mutual friend when the market turns green. Actually what are you thinking, one tweet could make the market red and green, it's really not good to follow a trend like this.
Blockchain technology seems to be destroyed and played by the owners of capital, this is actually our common enemy.

[abel1337]

It's a usual thing in crypto that any news will affect the price of cryptocurrency, elon is the center of the news right now, many people are following his tweets and everytime he tweeted market will move a second after his tweets.
Yeah many people hated him right now because of big losses caused by his statement, but also there are many people already become millionaire thanked to him. So it depends on the people, with a smart strategy and a big luck, this kind of condition will make profits

True, If a trader wants to become a millionaire because of him, You need to follow him smartly and take advantage of his tweets and put up a good strategy. Correction from the market is very expected and feeling if it is near is a trader's job. It's just Elon Musk accumulated a lot of crypto fans because of his recent tweets and now they are haters because the market gets a correction.

In our current situation right now, This is what I feel from the last correction in 2018. Many people have lost their profit from the bull run and the only thing people have today is that they blame Elon for this market crash.

[ancafe]

well, I also have the same feeling. however, in fact, because of Elon Musk, bitcoin was able to surpass its ATH this year. well, apart from that, Elon Musk also did quite a bit of bitcoin stock so that a lot of people were excited. however, it reminds me of 2017 when ethereum was also owned by several ICO developers which ended up making its price drop. well, that's the influence of the great men.

[Kabul]

You can make investment based on his tweets. Following this man is a good strategy and I have made quite a good amount of money.

I do not like how he did with crypto. He keeps benefit himself with his self made tweets which damage the cryptocurrency price. Many people start to disbelieve bitcoin because they find it is easy to be controlled by billionaires' speech. This strongly reduce liquidity of cryptos, making it less attractive.

[devollito]

I dont understand why you hate him ? You need to hate your self if you investing to some instrument because of someone tweet. He has nothing to do with this crash. The crash will happen too even if he is not tweeting about how btc miner consume a lot of energy. This crash is only to liquidate some one position. Btc going up from $0 to $18k without him.

[bamb]

Publicity is publicity!  Good or bad,  you still get the exposure.  In terms of exposure,  I think Elon musk has done well for Cryptocurrency! I have always been suspicious of sudden rise in bitcoin as a result of Elon tweets! My position is this: I think bitcoin rise to fast!  Bitcoin would have hit 100k if it were slowly risen!  

[SquallLeonhart]

In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

If we could actually get people to listen to us, we would however there are so many people out there who thinks Elon is the friend of a crypto world and that is the problem. Think about it he says something and people take it seriously and that seems to be the problem here, if nobody cared what he said we wouldn't have this problem to begin with.

It means there needs to be a period where we finally stop caring about what he is saying but that will require a lot of effort and work from the non-Elon liking people like me and many others here to go out there and try to convince people. I do not see our chances fighting against one of the richest man on the world, that is a battle we will most likely lose and that is why I doubt that it will work out well for us, which also evidently means we are going to have Elon deciding on price some more time.

[perfect999]

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

He might have actually sold his coins that time and he announced that tesla will now accept bitcoin payments in order to hype the price and get the best price for his coins.

when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

Maybe he is buying some Bitcoins now and to get them at the cheapest value, he announced tesla will no longer accept bitcoins. I don't know what to make of his tweets and announcements but surely he is using tesla as a wall to hide behind and play with the market using tesla.

This the problem when a billionaire comes into the party of small investors, he can mould the market at his will and people will just never understand what he will do next. How come Elon was not aware that bitcoin mining costs resources? He should have acted better.

[DatKing]

I can't say something like "Elon Musk is my enemy.". Because I still have a big respect for him for his efforts to help science reach a bigger level. But when it comes to the cryptocurrency industry, I absolutely don't like his actions as he aims to manipulate the whole market. Tesla's action was a proof for that.

[acener]

It isn't just Elon but all of the other manipulator as well,
And we should learn from our own and stop being easily controlled by their words.
I think the problem is those who follow them and help them achieve so they would continue on doing what they do (Manipulating the market).

[reza7777]

I also really hated him because he used his name to manipulate the market and hated it even more when everyone believed the nonsense he always made

[CryptoG99]

Elon Musk bought BTC some time ago, saying that BTC has various advantages;

But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market.

I hate him！


But how could we do?
In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people.

It's not his fault. Don't hate the player, hate the game.

Market is being manipulated rn. Good time to get some coins though. Divi is very good to get rn

How does DIVI work? I am newish to Crypto. Can you explain?

[sapnu]

Almost everyone is hating on him right now. There are a lot of things he is doing that harms others while he is gaining benefit. Instead of making him smile as people keeps talking about what he is doing, let us just focus on how we can still win at the game he is playing. Crypto is too strong to be ruined by a man who is worth billion in net worth but has no firm foundation with regards to crypto. Sooner or later, he would be nothing for all of us and those people who outsmarted him will only laugh at him for all the things he have done.