Is Elon Musk manipulating the market?

[Fredomago]

Yes of course Elon Musk is manipulating the market.. He always shilling dogecoin and it successfully pumped, and remember that he tweeted about tesla will not accept bitcoin after he tweeted the price of bitcoin went down.. Elon Musk is a manipulator.

His tweet is more or less relevant in the market right now, he has lost the trust entirely unlike before, the market will bounce back stronger than before, there are lots of other manipulation from other whales, I think it's high time the market is being regulated, severe Fud from the press just to buy at the dip, and there by releasing a bullish news all prone to manipulations

Both sides are prone with manipulators, they know what they've doing and they will continue enjoying the luxuries since people are not learning the right ways of investment.

Always stay away from any news that affects the market and rely with how you understand the situation. Manipulation starts once the
whales see the opportunities, if everyone are aware of that and will keep on their own assessments,

the power of whales will have no direct impacts and  chances of changing their positions are very high.

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[FlamingFingers]

Yes of course Elon Musk is manipulating the market.. He always shilling dogecoin and it successfully pumped, and remember that he tweeted about tesla will not accept bitcoin after he tweeted the price of bitcoin went down.. Elon Musk is a manipulator.

His tweet is more or less relevant in the market right now, he has lost the trust entirely unlike before, the market will bounce back stronger than before, there are lots of other manipulation from other whales, I think it's high time the market is being regulated, severe Fud from the press just to buy at the dip, and there by releasing a bullish news all prone to manipulations

I think the main manipulator in the market is China government

No doubt China Fud has more weight than Elon, but I think that we are now used to China Fud, Elon Fud as at then came as a surprise to the crypto world entirely, with or without price manipulation, cryptocurrency remains one of the most popular forms of investment no doubt, I just hope that the driving force of the manipulators subside to the bearest minimum

[cliber]

Every time Elon Musk talks positively about Dogecoin on Twitter, price per coin goes all the way to the moon. The contrary happens if he talks negatively about it. Most recently, Elon Musk criticized Bitcoin's high energy consumption stating that it's harmful to the environment. This caused Bitcoin's price to plunge all the way to $42k in an instant. It's up to this point, where Bitcoin hasn't recovered back to the $57k - $58k range.

It looks like people make decisions based on someone else's opinion instead of doing their own research about it. Most people follow Elon Musk closely, so anything he says (good or bad) can directly affect the whole crypto market in general. I believe Elon Musk's true intentions is to manipulate the market for his own financial benefit. Who knows if he bought more Bitcoin after prices went down because of his tweet?

What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.

I think Elon Musk is trying to maneuver, hoping he can move Dogecoin, but can we believe that Elon Musk has an important role in raising the price of Doge or lowering the price of BTC, isn't the concept in business that the higher the demand the higher the selling price.

I think Elon Musk is just trying to bluff and manipulate the crypto market under the pretext to increase his profits personally, crypto can't be linked to one person because of his existence, if the influence is big then the chance to drop Btc price is much more profitable, and why not just do it?

There is a desire that Elon Musk does not convey to the public about his tweets, I see this for personal interest, but what he does there are two possibilities that occur, first people think Elon Musk has an important role in Crypto, second is to beat the market, then people need like Elon Musk to undercut the price of the coin.

So there are people who feel benefited from this incident, one example is people who invest large amounts of doge when Elon Musk criticizes in various media, then the price of coin doge goes up meaning they benefit financially, but overall we don't see that big of an effect his criticism.

[Daltonik]

Musk at the last online conference "The B Word" confirms that he personally owns BTC, ETH and Doge, he also says that both SpaceX and Tesla own BTC and they do not sell.

[Bravehash]

Elon musk is just trying to make more money the easiest way that's why he choosed doge coin over BTC and ETH, I know many are going to hate him for it but if we all find ourselves in same position we will do the same thing

[carlisle1]

Musk at the last online conference "The B Word" confirms that he personally owns BTC, ETH and Doge, he also says that both SpaceX and Tesla own BTC and they do not sell.

Another market twist after this event? But better than nothing, if the fall continue might take a while but the recovery,
as weak holders will sell out and will stop investing.

With this market positive movements, another chance for newcomers to notice that there's
money that moving greatly and the potentials is still high.

Let them bring good news and attract more investors, at the end of the day it's your hard work by doing research will
play the big role in succeeding from this market.

[the rise]

It was a very real manipulation, everyone finally knows how the real Elon Musk is, now Whatever Elon Musk tweeted on Twitter had no impact at all, I also recently saw him tweeting about a coin similar to dogecoin but it has no effect, I guess we all don't believe him.

[Distinctin]

It was a very real manipulation, everyone finally knows how the real Elon Musk is, now Whatever Elon Musk tweeted on Twitter had no impact at all, I also recently saw him tweeting about a coin similar to dogecoin but it has no effect, I guess we all don't believe him.

I don't think his tweet has no more impact at all, maybe there's still a little impact and I think that makes him stays confident on still shilling. Have you heard, he made a new coin of his own already? well, if he doesn't believe he can still attract people to invest, he would not make his own coin.

Now the market is struggling, we will see a lot of negative comments about Elon but when the market was still bullish and there's a warning, people just seem to ignore it.
 

[indo1]

Everyone is sad after knowing what Elon is actually doing, in the end we know, Elon Musk supports cryptocurrency only for himself, to benefit, by carrying the name tesla, after some time, he started to undermine that trust, and now I myself will not follow what elon Musk is rumored again.

[no-ice-please]

Everyone is sad after knowing what Elon is actually doing, in the end we know, Elon Musk supports cryptocurrency only for himself, to benefit, by carrying the name tesla, after some time, he started to undermine that trust, and now I myself will not follow what elon Musk is rumored again.

The way Elon tweeted was provoking that is true, and he wanted to play around a bit. But from another standpoint it is also unfair to say that anyone who is a multi billionaire and can move a market is also a manipulator. It's like when Warren Buffet announces the purchase of a certain company has been completed and it goes up afterwards by X%. Does he manipulate the market? Should he be forbidden to talk at all in public? That's a delicate topic.

[distr@yopmail.com]

Everyone is sad after knowing what Elon is actually doing, in the end we know, Elon Musk supports cryptocurrency only for himself, to benefit, by carrying the name tesla, after some time, he started to undermine that trust, and now I myself will not follow what elon Musk is rumored again.

The way Elon tweeted was provoking that is true, and he wanted to play around a bit. But from another standpoint it is also unfair to say that anyone who is a multi billionaire and can move a market is also a manipulator. It's like when Warren Buffet announces the purchase of a certain company has been completed and it goes up afterwards by X%. Does he manipulate the market? Should he be forbidden to talk at all in public? That's a delicate topic.

what we hope is not a ban as you mean. it will probably focus more on Elon's tweets that don't play tricks on their followers to change market trends.
you can see how easy it is for Elon to say something contradictory, it's clearly a game that was intentional by Elon.

no matter what you do, after all, Elon and other friends, have tried to enliven the crypto market in their own way. many say he is a loser in the future. but we hope he will stay well and continue to speak well for the crypto market.

[Tumanggor]

Elon Musk is just an ordinary guy, Elon Musk doesn't manipulate the crypto market
his loyal listeners manipulate the crypto market

I don't blame people who hate him but when Bitcoin has become a valuable asset then it can't be separated from the entanglements of the people who influence it
Elon Musk seems to have merged with the crypto market, it's just a matter of how we respond to his every word

[Oneandpure]

Elon Musk is just an ordinary guy, Elon Musk doesn't manipulate the crypto market
his loyal listeners manipulate the crypto market

I don't blame people who hate him but when Bitcoin has become a valuable asset then it can't be separated from the entanglements of the people who influence it
Elon Musk seems to have merged with the crypto market, it's just a matter of how we respond to his every word

He not manipulated the market but make many people blame and always doing what Elon Musk want, when Elon  Musk first time tweet about cryptocurrency and Doge coin pump because become his favorite coin, tweet several time in one month and make many people blame and buy Doge coin, although success raise to higher price many people blind when try to buy doge coin on higher price.

[conected]

It was a very real manipulation, everyone finally knows how the real Elon Musk is, now Whatever Elon Musk tweeted on Twitter had no impact at all, I also recently saw him tweeting about a coin similar to dogecoin but it has no effect, I guess we all don't believe him.

- The community is turning on shields to block the effects of Elon Musk from uncertain emotions on social platforms and with such a sense of attention and vigilance plus the market seemingly unchanged by Elon Musk, it's hard for Elon Musk to be a hot name again. However, I'm pretty confident that after further rallies, Elon Musk will win another ticket as long as the market needs to react properly and the flounders will know how to make Elon Musk's presentations the most effective.

[erep]

About energy consumption ? I doubt elon does not know about it begore he decide to invest in to something.

That fact has opened the minds of many traders that if Elon Musk efforts are just manipulating prices, there are many other facts if you want to examine them further. Elon's last statement at the B world event responded positively about btc but is he committed to continuing to support btc in the future?

[ninkdwi]

I think if indeed Elon Musk has a surefire way of controlling the market, and one of them is by way of tweets that he does. Moreover, we all know that Elon Musk is a person who has a big influence in the crypto industry

In crypto Elon doesn't have any influence that makes him able to make a pump from a single tweet it's the influence of his militant supporters who believe in Elon so much and take advantage of it. this is not an influence that comes from crypto, indeed he is an influencer who can bring his followers to be here. and coincidentally the people who believe in him are people who are new to cryoto and still don't really understand the system here so they will all believe what Elon says

[devil2man]

unfortunately yes, Elon Musk continues with his tweets to heavily manipulate the market but we hope that this time in the right direction, he said that his industries / tesla will definitively accept bitcoin just hope that with this statement all altcoins will have a great increase in value /price

[Daltonik]

I don't know how true this is, as far as we know, Musk himself has not voiced it yet, but Twitter @MasterChangz reports that Tesla is buying a plot of land in Nevada with an area of 300,000 m2 for the construction of the largest mining center on solar energy, in any case, we will soon find out if this is really the case.

[Niobeh]

Every time Elon Musk talks positively about Dogecoin on Twitter, price per coin goes all the way to the moon. The contrary happens if he talks negatively about it. Most recently, Elon Musk criticized Bitcoin's high energy consumption stating that it's harmful to the environment. This caused Bitcoin's price to plunge all the way to $42k in an instant. It's up to this point, where Bitcoin hasn't recovered back to the $57k - $58k range.

It looks like people make decisions based on someone else's opinion instead of doing their own research about it. Most people follow Elon Musk closely, so anything he says (good or bad) can directly affect the whole crypto market in general. I believe Elon Musk's true intentions is to manipulate the market for his own financial benefit. Who knows if he bought more Bitcoin after prices went down because of his tweet?

What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.

Clearly, Elon is manipulating the market considering how big his assets are and how influential he is to persons who are A: under his relevant network in the crypto market or B: people who are new to the market and are lazy to do their own research and rely on big people like him for advice, well, in fact, they are fool into playing his strategies for his own good. But on the other hand, if those people have won through him, then I see no problem in a win-win situation. It's just a matter of our own judgement when it comes to trading, investing bitcoin and other coins connected.

[Maslate]

Every time Elon Musk talks positively about Dogecoin on Twitter, price per coin goes all the way to the moon. The contrary happens if he talks negatively about it. Most recently, Elon Musk criticized Bitcoin's high energy consumption stating that it's harmful to the environment. This caused Bitcoin's price to plunge all the way to $42k in an instant. It's up to this point, where Bitcoin hasn't recovered back to the $57k - $58k range.

It looks like people make decisions based on someone else's opinion instead of doing their own research about it. Most people follow Elon Musk closely, so anything he says (good or bad) can directly affect the whole crypto market in general. I believe Elon Musk's true intentions is to manipulate the market for his own financial benefit. Who knows if he bought more Bitcoin after prices went down because of his tweet?

What are your thoughts? Do you think Elon Musk is manipulating the crypto market? If not, why? Will crypto carry on as usual without Mr. Musk in play? Or is it too late? Your input will be greatly appreciated. Thank you.

Clearly, Elon is manipulating the market considering how big his assets are and how influential he is to persons who are A: under his relevant network in the crypto market or B: people who are new to the market and are lazy to do their own research and rely on big people like him for advice, well, in fact, they are fool into playing his strategies for his own good. But on the other hand, if those people have won through him, then I see no problem in a win-win situation. It's just a matter of our own judgement when it comes to trading, investing bitcoin and other coins connected.

You are right, there are people who really benefited from the Elon Musk manipulation,  just like the growth of DOGE, if they bought at a cheap price and sell at the right time, they are in big profit and they'll be so thankful to Elon Musk. Unfortunately, we have late comers who are not in the right timing, they accumulate DOGE at a high price, now they are holding and holding DOGE will bounce back and bring them some profit.