Lanatsa
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May 25, 2021, 05:59:26 PM |
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People are no longer affected by his influence. I thought he might be bitcoin friendly but my guess turned out to be wrong. This Dogefather was the main culprit behind the unusual crash in the Bitcoin market. There is no financial support behind this Dogecoin shit coin, the price of this coin has been increased only by creating FUD by tweeting. Both Dogefather and Dogecoin should be boycotted.
People aren't affected until he starts bashing out on Bitcoin and crypto again. Just watch and see, it will happen again, after the market recovers to a large degree. I highly believe that history repeats itself, he'll find something to say and everyone will go nuts and start panicking. I used to admire Elon Musk as a businessman, and I still do, he has succeeded a lot, within a sort period of time, just look at PayPal, Tesla or SpaceX. Not something new when things turns out to be not appealing on communities eyes then you would really be expecting some bashes and criticisms and even how popular or known the person is but once those impressions would last then it would really be giving out some taint into its reputation. Just going back into those days where people are almost praising Elon for everything but look at now? Negative sentiments are floating around. Some said that he would turn out to be McAfee 2.0 and etc.. The public should really know on making out jurisdiction and making decisions for their own selves.
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Fredomago
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May 25, 2021, 07:07:07 PM |
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People are no longer affected by his influence. I thought he might be bitcoin friendly but my guess turned out to be wrong. This Dogefather was the main culprit behind the unusual crash in the Bitcoin market. There is no financial support behind this Dogecoin shit coin, the price of this coin has been increased only by creating FUD by tweeting. Both Dogefather and Dogecoin should be boycotted.
People aren't affected until he starts bashing out on Bitcoin and crypto again. Just watch and see, it will happen again, after the market recovers to a large degree. I highly believe that history repeats itself, he'll find something to say and everyone will go nuts and start panicking. I used to admire Elon Musk as a businessman, and I still do, he has succeeded a lot, within a sort period of time, just look at PayPal, Tesla or SpaceX. People always taking the risk riding with him, the very fact that they knew about what his doing there are still people who are willing to gamble and take the ride. He's managing to gain followers still even it's not that huge now but still there are supporters that continue to take his world and being moved to whatever directions he pointed he's position. Having a successful career inside financial industry, he enjoy the benefits that's brought by his followers.
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Republikcoin.com
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May 25, 2021, 07:21:38 PM |
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Having a successful career inside financial industry, he enjoy the benefits that's brought by his followers.
But Elon's followers are not entirely to blame either, because they don't have complete control over the decisions Elon makes. They may also be victims of Elon's activities that are harmed after becoming loyal followers. Elon is popular and has many followers all over the world, followers know that Money will follow Elon Musk, but they don't know that the real victim is them. Whether it's in the business world or in the cryptocurrency world, we are given the coolest gift, namely the power to make choices. We can choose to be Elon Musk's followers or we can be the ones who take advantage of Elon Musk's movement.
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isaac_clarke22
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May 25, 2021, 07:30:25 PM |
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~
You could follow someone like your idol or someone you're inspired of but it shouldn't lead to something wherein the one you follow controls what you'll do. This is what I believe that pushed some people to go to crypto. They're blindly following. Though I wouldn't use it as a reason that BTC had its price correction lately.
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The Sceptical Chymist
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May 25, 2021, 08:37:16 PM |
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Fo me, this is one of the reasons why we can tell we are still in the early days of cryptocurrency since 1 twitter personality can make the price move like this.
I tend to agree with you on that. I can't think of a blue chip stock that can be moved so much in value by the words of one man, and I have no doubt that it was the tweets of Musk that caused doge to spike and bitcoin to sink--and both things are completely irrational. Simply due to supply alone, doge is nowhere near as good a coin as bitcoin is, and it's not like people are running out to buy Tesla cars with doge. I think this is just crazy speculation by people with too much time on their hands and too much stimulus money to play with. The same thing happened with Game Stop stock, which should be worthless (and probably will be within a few months). However, I don't think Elon Musk's "tweeting power" has been diminished one bit; he is still very much an influential personality that many folks look up to. He might know a lot about many things, but he's being a complete moron as far as cryptocurrency is concerned.
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Renampun
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May 25, 2021, 10:20:22 PM |
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Having a successful career inside financial industry, he enjoy the benefits that's brought by his followers.
... Whether it's in the business world or in the cryptocurrency world, we are given the coolest gift, namely the power to make choices. We can choose to be Elon Musk's followers or we can be the ones who take advantage of Elon Musk's movement. agree with what you say. basically, we are given the opportunity to choose, follow to the elon word or ignore it... elon is a businessman, so his words can change at any time. if we want to invest in crypto in a calm and relaxed manner then 'ignore elon's words'
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Smeet
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its me
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May 25, 2021, 10:44:30 PM |
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Being one of the famous personality around the world, Elon Musk is using his tweets to pump up the doge coin. I can't say that he can dump bitcoin alone with his tweets because there are other big players involve in it too but for dogecoin, he is single handly pumping with his tweets. But this cannot continue forever. Sooner or later, his tweet will have no effect on the prices. I wonder when that time will come ?
I believe that over time the general population will come to realize that celebrities tweeting has an effect on the price of bitcoin and this will allow for resiliency in the currency as this will be baked into the price. In the short term, these tweets are unexpected and will continue to influence the price of crypto.
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MCobian
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May 25, 2021, 10:48:18 PM |
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Having a successful career inside financial industry, he enjoy the benefits that's brought by his followers.
... Whether it's in the business world or in the cryptocurrency world, we are given the coolest gift, namely the power to make choices. We can choose to be Elon Musk's followers or we can be the ones who take advantage of Elon Musk's movement. agree with what you say. basically, we are given the opportunity to choose, follow to the elon word or ignore it... elon is a businessman, so his words can change at any time. if we want to invest in crypto in a calm and relaxed manner then 'ignore elon's words' Actually, the success in the crypto world we ourselves can decide, we are indeed given the freedom to choose to follow Elon Musk or not. Every decision has consequences, so use our minds to think through logic, is there any benefit in following Elon Musk. If following Elon Musk only costs us money, immediately stop following someone like Elon Musk, just do it according to the results of your research and analysis on the crypto market. Don't be influenced by Elon Musk in deciding to invest in crypto, believe in ourselves that's what we need to do.
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jellylily
Jr. Member
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May 26, 2021, 02:02:46 AM |
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I used to like Musk better, thinking that he is a supporter of Bitcoin, but recently his tweets made me feel a little delirious. I started to add him to my blacklist, and I hope he won’t be on Twitter in the future. Say some silly things on.
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iTradeChips
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May 26, 2021, 12:15:59 PM |
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Looking at his attitude towards Crypto right now, he openly supports only two out of the thousands of Crypto out there. That is Bitcoin and Dogecoin. Soon, we might be able to see many other millionaires, billionaires, movie actors, sports athletes, and public personalities show their open support for Cryptocurrency. The others are right, we are seeing but one man who can show support for crypto. Brace yourselves cause many other will follow in their footsteps.
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raidarksword
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May 26, 2021, 12:31:20 PM |
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So sad crypto market's fate can be decided with just one man's tweet and that's not healthy at all hence crypto was supposed to be uncontrollable but majority of people follow this guys every tweets whatever he likes and does. Elon Musk is ruining bullish cycle we have right now that's why he must stop all nonsense tweet for us to recover completely.
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big kid
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May 26, 2021, 01:31:17 PM |
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I think pretty soon. He's famous and pretty smart so at first his tweets made a big influence. But the time passes and a lot of people are dissapointed and angry with him so i guess he'll never make such influence again.
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sapnu
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May 26, 2021, 01:48:32 PM |
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Time will come when Elon Musk wouldn't even matter for crypto investors anymore. I've already seen it coming, the way he advertises dogecoin before would soon be out of the trend or people will soon lose interest on what he is saying for repeating the same way of advertisement each time. Dogecoin will take most of the consequences of this occurence since its foundation mostly relies on Elon Musk's tweets. If people would keep on turning a blind eye on Elon Musk's dark motives, he will just keep on playing with the market so I hope at one point, we start learning on what he is really doing in the market.
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yohananaomi
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May 27, 2021, 06:49:08 AM |
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Time will come when Elon Musk wouldn't even matter for crypto investors anymore. I've already seen it coming, the way he advertises dogecoin before would soon be out of the trend or people will soon lose interest on what he is saying for repeating the same way of advertisement each time. Dogecoin will take most of the consequences of this occurence since its foundation mostly relies on Elon Musk's tweets. If people would keep on turning a blind eye on Elon Musk's dark motives, he will just keep on playing with the market so I hope at one point, we start learning on what he is really doing in the market.
as a businessman @elonmusk certainly wants to do anything to influence crypto and if there is influence, he will get what he wants "profit", because as a businessman that is what he is looking for. sometimes if this can be profitable, it will be done again and again, so that all investors should understand this and not get carried away with the will that he wants. but I agree that more days all will understand and will silence his way. but once again all must be simultaneously because once there is an action that goes wrong it will make something happen that is not good.
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Lorence.xD
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May 27, 2021, 08:13:56 AM |
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The power of his tweets will decrease with each new tweet about crypto
I don't think so, with a lot of people still following him, I don't think that his influence won't waver no matter what because zealots won't care what happens, as long as they aren't on the bad side of Elon, they will defend him no matter what. We might hate that he tweets about crypto but we are an insignificant number compare to his followers.
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TangentC
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Activity: 266
Merit: 20
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May 27, 2021, 03:30:17 PM |
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Elon Musk is losing power. So temporarily he won't write about crypto I think.
Like every 3rd posted topic now has Elon name in it, Gaining Power is more like it.
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Yamifoud
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May 27, 2021, 03:36:08 PM |
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The power of his tweets will decrease with each new tweet about crypto
I don't think so, with a lot of people still following him, I don't think that his influence won't waver no matter what because zealots won't care what happens, as long as they aren't on the bad side of Elon, they will defend him no matter what. We might hate that he tweets about crypto but we are an insignificant number compare to his followers. I hope not and I hope these followers will realize that they are following to someone who cannot be trusted and they will open their eyes that Elon Musk is just manipulating them. I know their numbers couldn't just drop down instantly and there are a lot of them but sooner or later, that thing will happen. There's always a perfect time for that and Elon Musk must have to regret what he does. Because at this point, he just ruin his good reputation and some people might see him as a liar.
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conected
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May 27, 2021, 03:44:31 PM |
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The power of his tweets will decrease with each new tweet about crypto
I don't think so, with a lot of people still following him, I don't think that his influence won't waver no matter what because zealots won't care what happens, as long as they aren't on the bad side of Elon, they will defend him no matter what. We might hate that he tweets about crypto but we are an insignificant number compare to his followers. - Some public outcry and hate from the community is happening for Elon Musk, it also shows that his influence will be distilled due to what he has done in the past, he will no longer have the ability to concentrate and mobilize forces like before. However, the loss of this ability is probably only temporary, when this event is over and other events are pushed to the forefront, Elon Musk's power will recover in the future, whether we love or hate this guy, his influence always brings money, and everyone always likes money
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Alisha-k
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Activity: 840
Merit: 23
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May 27, 2021, 03:49:03 PM |
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Elon musk owns a huge share in Doge coin and his tweet has large influence on the coin but how ever over time more player with large shares like home would step into the game. This still remains a game of interest and profit
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virtualdn
Legendary
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Activity: 1372
Merit: 1093
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May 27, 2021, 03:50:02 PM |
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I also think his power is gone because he tweeted Doge in the last days and the price hasn't moved a bit, zero effect. People are getting tired of this clown who only cares about his own wealth and ego.
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1 BTC = 1 BTC
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