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Author Topic: Now tell me if you still believe on Elon Musk.  (Read 1274 times)
iamsange
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May 19, 2021, 06:38:31 PM
 #41

Gladly i not much seeing twitter, but although i open twitter, i never follow what influencer said about crypto. Honestly i'm not resist, influencer, rich people especially people like Elon Musk can easily make people follow him but i am not really affected with it. I just follow stream, maybe if price increased i will grateful, if dump like this, i don't have any choice except hold my coins until stream bring bitcoin price up again. But for a note, me and us don't need to panic and don't afraid to missed the train, we trade with our own analysis.

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May 19, 2021, 07:08:57 PM
 #42

He's a simulation. He said it himself, and I believe him.

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May 19, 2021, 07:32:59 PM
 #43

Gladly i not much seeing twitter, but although i open twitter, i never follow what influencer said about crypto.
Good for you, as you decide to how you understand the market and not just because of some influencer who dictates the movements.

Quote
Honestly i'm not resist, influencer, rich people especially people like Elon Musk can easily make people follow him but i am not really affected with it.

Sad true! he knows how to play well with those people who followed and believed him, until now even this market is falling there are some who  still believes on him and continue to back him up..

Quote
I just follow stream, maybe if price increased i will grateful, if dump like this, i don't have any choice except hold my coins until stream bring bitcoin price up again.

Much better to see them talked about potentials and what might the possiblities in the next market movements.
Quote
But for a note, me and us don't need to panic and don't afraid to missed the train, we trade with our own analysis.

It should always be that way, invest and trade with your own capabilities, it's much safer than relying to anyone and lose your money.

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May 19, 2021, 07:56:50 PM
 #44

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
I want Elon Musks to make another twit that will further bring down the value of Bitcoin.
What falls the price of Bitcoin mostly on Wednesday is after China signal cryptocurrency crackdown.
By stating that Virtual currency (Bitcoin) “is not a real currency” and “should not and cannot be used as currency in the market”, said a joint statement issued late on Tuesday on the People’s Bank of China’s WeChat account, banking, and internet industry associations.

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May 19, 2021, 08:04:06 PM
 #45

The problem is not whether you follow him and his statements or not. This is just a mouthpiece for those decisions already made in advance that were most likely planned. Without agreement with the board of directors of the company, both the payment options were introduced and its cancellation is impossible. Shareholders must understand what and how. As for the community, it seems to me it's high time to make one correct and logical conclusion about this character and move on without turning around.

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May 19, 2021, 09:03:31 PM
 #46

No I never did believe on him when the topic is about crypto,
I think he is just another newbie in crypto that happens to be one of the richest man on earth so whatever he says about crypto are being taken seriously by newbies.
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May 19, 2021, 09:12:32 PM
 #47

I have heard about something also that banking system and gold consume much more energy than Bitcoin. This means that Bitcoin is still a better choice in terms of that. Besides as far as I know, 75% of Bitcoin mining is happening with renewable energies. So, Elon Musk's reason was really ridiculous.

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May 19, 2021, 09:19:19 PM
 #48

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
Those are just lame excuses but for sure he did it on purpose on indirect way just because he get bored in BTC and find another place for him to troll on which is on DOGE coin.

There are even rumors on creating his own coin.This man had done soo much noise into this market and regarding into the question if i would ever believe him, then when i do trust up this man?  Cheesy

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May 19, 2021, 09:27:56 PM
 #49

According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?
Those are just lame excuses but for sure he did it on purpose on indirect way just because he get bored in BTC and find another place for him to troll on which is on DOGE coin.

There are even rumors on creating his own coin.This man had done soo much noise into this market and regarding into the question if i would ever believe him, then when i do trust up this man?  Cheesy

That's not far from happening, he might create his own because he is so ambitious, and we have to expect that. Now, with all the dumps we are seeing, can we still expect that once he made his announcement on his own, is it going to pump?

If he will make his own that means he will have to leave other altcoins to market his own altcoins, and that means living DOGE from his shitcoin.  Smiley

DOGE followers will then hate him.  Cry

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May 19, 2021, 09:33:57 PM
 #50

After all the mess he's caused, I probably really don't want to believe it anymore. He is quite influential because he is a person who previously invested quite a lot in bitcoin and adopted it as a payment system for his car company. That's good because in my opinion it's strong support from big institution. But after all the fact of his real purpose, I think he is just using bitcoin to get more attention for his product "Tesla".

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May 19, 2021, 09:45:01 PM
 #51

After all the mess he's caused, I probably really don't want to believe it anymore. He is quite influential because he is a person who previously invested quite a lot in bitcoin and adopted it as a payment system for his car company. That's good because in my opinion it's strong support from big institution. But after all the fact of his real purpose, I think he is just using bitcoin to get more attention for his product "Tesla".

No he didn't do that to showcase his car company since tesla is already known but what really intent on adopting it is for profit, Elon musk sees the potential of big profit for entering the crypto and he see that he can manipulate it and no one can sue him unlike doing it on stocks. So for now he's intention has been exposed better not to listen on him anymore and hopefully other traders and whales will stop following him.

R


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Twentyonepaylots
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May 19, 2021, 09:59:14 PM
 #52

Not sure what is really happening behind the curtain, as the only people who will know it for sure is he himself. But it does look like he's instilling FUD on people so he can buy more. Or it could also be possible that this is due to his Asperger's Syndrome (I'm not shaming him or anything, this is a real theory of mine) that he's doing this seemingly illogical moves.
Wawa2013
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May 19, 2021, 10:00:52 PM
 #53

After all the mess he's caused, I probably really don't want to believe it anymore. He is quite influential because he is a person who previously invested quite a lot in bitcoin and adopted it as a payment system for his car company. That's good because in my opinion it's strong support from big institution. But after all the fact of his real purpose, I think he is just using bitcoin to get more attention for his product "Tesla".
No he didn't do that to showcase his car company since tesla is already known but what really intent on adopting it is for profit, Elon musk sees the potential of big profit for entering the crypto and he see that he can manipulate it and no one can sue him unlike doing it on stocks. So for now he's intention has been exposed better not to listen on him anymore and hopefully other traders and whales will stop following him.

Tesla is already famous in the world without the need to adopt Bitcoin, so it is possible that Elon Musk made Tesla adopt Bitcoin to generate huge profits
in the crypto world. Elon Musk sees the crypto world as very easy to manipulate for personal gain, therefore we shouldn't be a weak hand which Elon Musk
can take advantage of. Don't be swayed by whatever Elon Musk is doing, because nowadays Elon Musk's real intentions and goals are increasingly open
in the world of crypto. But unfortunately there are still many people who still believe in Elon Musk, hopefully these people will be given awareness
to stop following Elon Musk.

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May 19, 2021, 10:10:51 PM
 #54

I didn't really understand why Elon Musk wasn't honest about his reasoning for halting Bitcoin payments for buying a Tesla. Because I'm sure that he already knew about Bitcoin mining. But he pretended like he didn't. Then, we deduce that the obvious reason was manipulating the market.

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May 19, 2021, 11:03:41 PM
 #55

I have not taken elon musk seriously from the beginning. For this reason, I do not follow the things you say or the tweets he sends. but most people blindly believed everything Elon Musk and Elon Musk said. that's the bad thing. Because they believed in him too much, he began to act like the master of this market. I am surprised how quickly he realized that bitcoin was a bad thing or why he made such a change of mind.

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May 19, 2021, 11:17:17 PM
 #56

When I first heard the reason that Elon Musk showed for his action, I was like "Yeah, it's really funny. Now, tell me the real reason.". However, it was the real reason.  Grin  People like Elon Musk shouldn't even try to make a fool of the investors. This is a serious market and people are losing a lot of money just because someone says bad things.

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May 20, 2021, 01:58:39 AM
 #57

You still "Believe"(!?) it depends on each person, the interesting thing here and it is verified with Elon Musk is that Global external factors such as Covid itself did not affect its price, but individuals or situations related to bitcoin by population correlation, commercial as China, influence.

It is not new, it is the organic volatility of bitcoin. So the stage was there, the red carpet awaited the arrival of the current price.

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Kong Hey Pakboy
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May 20, 2021, 02:11:51 AM
 #58

I didn't really understand why Elon Musk wasn't honest about his reasoning for halting Bitcoin payments for buying a Tesla. Because I'm sure that he already knew about Bitcoin mining. But he pretended like he didn't. Then, we deduce that the obvious reason was manipulating the market.
The reason that he wasn't honest is because he is a businessman and there is no such thing as an honest businessman and if there ever is, that is probably not the richest businessman out there. I didn't believe what he said in the first place because I have some hunch that it will be just another market manipulation stunt and I was right, the only bad thing that I did was not follow the hype to make some money out of it.

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dongyi17
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May 20, 2021, 03:44:54 AM
 #59

Well there are many speculation roaming around cryptocurrency world today about Elon-musk and we really don't know if this is true or not, whether he did it or not it's his decision but I guess we should give him the benefit of the doubt regarding this matter. After all He's businessman

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May 20, 2021, 04:45:10 AM
 #60

Whale is whale. With or without us he will remain what he is because he is CEO and billioner man. For me, I don't know what really going on in his mind. Maybe this is just part of the game or whatever for his good. I believe Elon but I never followed everything he tweeted. His influence is incredible.

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