More individuals like Elon musk, the price might fall further.

[Rruchi man]

Elon musk is the center of most bitcoiners discussion at the moment mainly because of how much effect his tweet is doing to crypto currency mostly bitcoin.

If a single tweet from Elon musk can send the price of btc to 45k (current price at the time of this post), then it is not impossible for bitcoin to fall to as low as below the 20k mark if all the big names in the crypto world (crypto influencers) tweet negatively against btc.

What do you think?

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[Yaunfitda]

You have to look at the bright side, if every crypto influencers will tweet against bitcoin, the price could fall. But you can take this opportunity to accumulate. We don't need to get affected by Elon and others, they don't have total control of the market price. We still exists here, ordinary joe, who have been supporting bitcoin every since Elon Musk join the ecosystem. Bitcoin is so resilient that no one can really pump a damp on the price long term.

[zanezane]

You have to look at the bright side, if every crypto influencers will tweet against bitcoin, the price could fall. But you can take this opportunity to accumulate. We don't need to get affected by Elon and others, they don't have total control of the market price. We still exists here, ordinary joe, who have been supporting bitcoin every since Elon Musk join the ecosystem. Bitcoin is so resilient that no one can really pump a damp on the price long term.

That's what a lot of sensible users have been saying for a long time now, if prices fall then it is an opportunity for us retail/individual investors to buy bitcoin at a lower prices and get more out of our money but we always focus on the negative and do stupid things like sell at a loss because you are scared that it won't go up anymore.

[tranthidung]

Elon musk is the center of most bitcoiners discussion at the moment mainly because of how much effect his tweet is doing to crypto currency mostly bitcoin.

He is the hub of the forum and the crypto market because people believe he is a Bitcoin God. In fact, he is not.

If a single tweet from Elon musk can send the price of btc to 45k (current price at the time of this post), then it is not impossible for bitcoin to fall to as low as below the 20k mark if all the big names in the crypto world (crypto influencers) tweet negatively against btc.

What do you think?

If you can read price charts & identify which price Bitcoin can be corrected to, you will see such news, tweets from Elon Musk/ other people/ companies, etc. are funny. Price is scheduled to be corrected at where it should go to. News are only tool to implement schedules.

If you are worrying that will Bitcoin head towards $20k, it is not bad but you have to find out why $20k? Don't mind about Elon Musk, please.

[Freezingel]

Yes, the opinion of cryptocurrency influencer will surely affect bitcoin price, they can easily persuade people to do what they want, whether increasing the price or decreasing the price. I guess, people really hear what elon musk say, since the price rise or decrease just because of his tweets, and if there're any more influential people like elon musk, i guess the market can really be manipulated by their words.

[ChiBitCTy]

What other “influencers” are there that could have such an impact?

The only “influencers” anyone should be listing to are the cypherpunks. If Nick Szabo says bitcoin is bad, then worry.

[BlackHatCoiner]

Elon musk is the center of most bitcoiners discussion at the moment mainly because of how much effect his tweet is doing to crypto currency mostly bitcoin.

At the moment he's the center of much more than Bitcoin. He's the richest man on earth. It is pretty obvious that he can manipulate the market at his own willing, but that will work only short-termly. Come on, we'll have to admit it. Bitcoin kept increasing for weeks now, it would make a correction sooner or later.

If a single tweet from Elon musk can send the price of btc to 45k (current price at the time of this post), then it is not impossible for bitcoin to fall to as low as below the 20k mark if all the big names in the crypto world (crypto influencers) tweet negatively against btc.

You should see these dips as opportunities to buy cheaper. We'll observe crazy jumps in the third and fourth quarters of 2021. And he knows that. This is why he's been playing with the market. To buy more cheaper.

[yazher]

Elon musk is the center of most bitcoiners discussion at the moment mainly because of how much effect his tweet is doing to crypto currency mostly bitcoin.

If a single tweet from Elon musk can send the price of btc to 45k (current price at the time of this post), then it is not impossible for bitcoin to fall to as low as below the 20k mark if all the big names in the crypto world (crypto influencers) tweet negatively against btc.

What do you think?

The more we talk about him when he barks about something in the crypto industry, the more he will get some popularity that he will use against Bitcoin. This is something that we don't have any control over because most of us here don't have the same perspective. if only those people who don't know the main reason why he is talking negatively about bitcoin nowadays will just silent, we don't suffer the downfall of the price that we are suffering right now. because when those people don't know the motives of Elon Musk when he is talking about these things, they will create some theories and confused people with their own personal opinions.

[ene1980]

Elon musk is the center of most bitcoiners discussion at the moment mainly because of how much effect his tweet is doing to crypto currency mostly bitcoin.

The reason why the tweet of Elon Musk is closely followed by Bitcoin investors is because of his billion dollar investment and if he plans on selling that it might have an impact on the price and the investors will be really cautious with his every move, other than none of the serious investors will be following what he is tweeting and it is time we should avoid discussing about him.

[ipanks]

Elon can make another tweet, but remember, the crypto market does not move because of Elon's tweets. Even if the price now jumps down to below $50k, it does not mean the price can not increase back because if the moment comes, the price will increase and break the high price. We believe in bitcoin, and we know that bitcoin has a big power to lift the price again. You do not have to worry because this time can happen anytime and I think you can prepare to buy more bitcoin at a low price.

[Tumanggor]

Yes, the opinion of cryptocurrency influencer will surely affect bitcoin price, they can easily persuade people to do what they want, whether increasing the price or decreasing the price. I guess, people really hear what elon musk say, since the price rise or decrease just because of his tweets, and if there're any more influential people like elon musk, i guess the market can really be manipulated by their words.

trusting the words of a celebrity is a bad choice
Besides being a businessman, Elon is also a celebrity, as we all know that celebrities have to play their acting roles well

those who sell Bitcoin just because they panic with Elon's tweet, only suffer losses
keep your faith, and be sure Bitcoin will go to $ 100 000 with or without an artist like elon

[ropyu1978]

maybe elon musk wants to take a chance, from his twet ,, he wants to destroy bitcoins, and wants to take advantage of ,, maybe he wants to buy and collect bitcoins when bitcoins are cheap, and after he accumulates a lot of bitcoins ,, he will tweet back about the increase in coins` `
if we are true bitcoin lovers, we will definitely surv

[gabriela1999]

Bitcoin can't be controlled anyone, even with Elon. The market is very affected with Elon's tweet . This makes me recall 2017 John McAfee. He is like Elon. Take advantage of his popularity to manipulate Bitcoin prices. But I believe it won't have to last longer.

[ubercool]

What will happen if Micheal Saylor says the same or abandons Bitcoin..?

First of all, we need to think why these individuals give a statement like that and do they actually do what they say or just try to pump and dump..?
IMHO, these individuals just want to create fear in the market.

[Review Master]

What do you think?

Elon musk is playing around for his own interest and all of these are just manipulation. So, more people becomes more mature after the last incident on twitter. BTW, there' always been a debate about bitcoin mining. So it won't effect on the market even if more influencers do the samething like Elon Musk because diamond hand hodlers know that they're just doing for their own benefits and nothing else. So, it'll be a win-win situation for us to accumulate more and afterwards enjoy the bullish rally once again.

[easy peasy]

Elon is just selfish and attention seeking, I dont like his acting recently.
He should study Crypto much more or just only comment at Cases, where he is really studied like his rocket science. 
Most of his comments about Bitcoin Show a lack of research.

[Cling18]

You have to look at the bright side, if every crypto influencers will tweet against bitcoin, the price could fall. But you can take this opportunity to accumulate. We don't need to get affected by Elon and others, they don't have total control of the market price. We still exists here, ordinary joe, who have been supporting bitcoin every since Elon Musk join the ecosystem. Bitcoin is so resilient that no one can really pump a damp on the price long term.

That's what a lot of sensible users have been saying for a long time now, if prices fall then it is an opportunity for us retail/individual investors to buy bitcoin at a lower prices and get more out of our money but we always focus on the negative and do stupid things like sell at a loss because you are scared that it won't go up anymore.

That's the wrong mindset of most investors. They want to earn a good profit yet afraid to take the risks. If someone is playing along with the market by manipulating big coins, then we should play with the situation as well and take advantage of it. Instead of being afraid, then why not take it as an opportunity to buy when the price falls? Let's not allow the market manipulators to manipulate even our emotions.

[Artemis3]

He can't destroy Bitcoin. If he sells, its his loss. Would be a great opportunity for many others to invest...

Incidentally, it would also help get rid of the older inefficient asic miners people suddenly powered back on when they were supposed to have been retired...

It won't matter either way, With or without Musk, Bitcoin will go on just fine. Its not like this the first time some arrogant rich man makes uninformed comments.

He can learn later the hard way too, how wrong he was about Bitcoin. He should just focus in space and other stuff instead, its not like he needs to preserve his wealth or anything...

[gabbie2010]

Elon musk is the center of most bitcoiners discussion at the moment mainly because of how much effect his tweet is doing to crypto currency mostly bitcoin.

If a single tweet from Elon musk can send the price of btc to 45k (current price at the time of this post), then it is not impossible for bitcoin to fall to as low as below the 20k mark if all the big names in the crypto world (crypto influencers) tweet negatively against btc.

What do you think?

Its a pity that Elon Musk is using his influence to manipulate the price of bitcoin via unnecessary negative tweets well if the price can't fall below $20K it would be better whatever the case the price of bitcoin will rally back, I belief this is one of the major setback of bitcoin where individuals who have a larger chunk of the coin influencing it price of course nothing can be done to stem the tide we small hodlers just have to accept this reality and move on and invest wisely and buy dip if possible and sell high.

[dlystyr]

If he was influencing the price on stocks on FTSE or NASDAQ are there not regulations that would land him in trouble?

Maybe having some regulations on crypto exchanges to stop this kind of pump & dump behaviour would not be a bad thing.