Elon Musk Tweeting Power gone

[suzanne5223]

This clown can post anything he wants. People still follow him like sheep. I'm tired of people who don't use their own brains and wait for some magic tweet from Mr. Musk; these will be the first to be brain chipped by their master. Be careful, this clown has long term plans with all of us. If you're gonna be one of his sheep it's up to you only.

I dont blame Elon Musk cause it was the fault of the people that follow his tweet as sheep because from the beginning Elon was an enthusiast of a meme coin and he's using his tweet to create his own form of meme but the lazy and hype follower investors bought It.

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[Ararbermas]

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 ?

correct, and in my opinion if this ppl will not believe on elon's tweets i'm pretty sure this will not happen, But sad to say worrying because that guy is a big investors as well and he can really influence other in just simple way, and now seems a big leason for all of us..  And i hope if that guy came back making tweets, it will not work well like what happened right know..

[Cling18]

As for me, people have learned their lesson that his tweets will only benefit him. His manipulations are just for his own good and people have seen how he played with the market. However, it isn't just him that is to be blamed but also his followers who panic every time he announces something. We shouldn't allow influential people to manipulate us even our decisions no matter how they manipulate the market.

[indo1]

I'm sure right now, Elon's tweets are fading, even though Elon Musk is trying to grab people's attention, I'm sure there's been a lot of disappointment, they've definitely experienced that by buying doge at a high price.

[herurist]

I am starting to think for now the more elon says a lot of things the more people do not believe it like before because most of them are starting to feel the impact they have already felt. although at first Doge was indeed a kid until Newath, but now the impact that was felt when the decline was quite significant.
So it starts to leave a lot and don't obey what Elon says because the profits earned during the pump gradually run out of the current decline

[pawanjain]

Ofcourse his influence will go down the drain at some point. Even Vitalik Buterin the founder of Ethereum once said that Elon's influence won't last forever.
People will start realizing soon and the market will mature enough not to respond to his tweets. There will still be some people who will blindly follow him.
But the matured market won't make much of a difference on his tweets. It's just a matter of time until his influence is vanished.

[Wawa2013]

Ofcourse his influence will go down the drain at some point. Even Vitalik Buterin the founder of Ethereum once said that Elon's influence won't last forever.
People will start realizing soon and the market will mature enough not to respond to his tweets. There will still be some people who will blindly follow him.
But the matured market won't make much of a difference on his tweets. It's just a matter of time until his influence is vanished.

Everything is not eternal, so also the influence of Elon Musk will end too. It is proven that after Elon Musk's original purpose was discovered,
slowly Elon Musk's popularity declined in the crypto world. Even now that the crypto community mostly hates Elon Musk, it's about time
Elon Musk stepped out of the crypto world. In my opinion, there aren't even too many Elon Musk followers who still believe in Elon Musk.

[Silberman]

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 ?

We do not know when this is coming but it is surely going to happen, Elon is so used to everyone always speaking in high regard of him that he is not realizing that he is going against a bunch of people that are not only very powerful now but will become even more powerful and influential in the future and that are not going to forget what happened, after all even if many people are in this market for the money there are many others that are in it because they really believe in the potential for bitcoin to change the world and the fact Elon is an obstacle to this will never be forgotten.

[Hobo66]

Elon mask and other whales, They are trying to shake out all of our coins and will use methods proven to to work. If you use logic and study patterns Bitcoin must go up. But humans are emotional many will panic sell.

[isaac_clarke22]

~

Thing is it is because the person is rich and general goal of every single people in the Earth is to be rich so they would rich people's footsteps. Only thing close to describe their ways is that they worship their celebrities.
It's not that new anyway to crypto anymore.
Many would follow others rather than making their own research, because "f research" for some people.

[2double0]

FFS, please go and check the low of Doge, it was $0.001 and it was not too far. Elon Musk may have bought it so low that he shilled it to the worst of his followers who blindly acted as if he is controlling the markets and these people gave the rein in his hands. Now, after getting a taste of deceit, all of us understood how he is playing with everyone and he is in it for himself.

[Stalker22]

Elon mask and other whales, They are trying to shake out all of our coins and will use methods proven to to work. If you use logic and study patterns Bitcoin must go up. But humans are emotional many will panic sell.

Yes, the market is currently flooded with panic sellers. This creates bad circumstances for the market. It is important to understand and stay out of these.
The hardest thing to learn is how to not get hurt by emotions. This is true for anyone who invests their money in the markets, not just Bitcoin.

Some will get burned. It's inevitable, and that's the way markets work. But, once that initial bout of panic selling has gone through, most of the time people become rational. All it takes is time.

[Nightz]

Elon mask and other whales, They are trying to shake out all of our coins and will use methods proven to to work. If you use logic and study patterns Bitcoin must go up. But humans are emotional many will panic sell.

Yes, the market is currently flooded with panic sellers. This creates bad circumstances for the market. It is important to understand and stay out of these.
The hardest thing to learn is how to not get hurt by emotions. This is true for anyone who invests their money in the markets, not just Bitcoin.

Some will get burned. It's inevitable, and that's the way markets work. But, once that initial bout of panic selling has gone through, most of the time people become rational. All it takes is time.

Right now it is worse than a zero sum game as the support for all coins drops so quickly. Musk won't impact the market by a lot right now as it can't even get much worse. We'll see how he reacts over the next few weeks and whether the market will ignore him or still follow whatever stuff he is going to talk about.

[tabas]

Yes, it cannot continue forever and he has to focus with his Tesla shares that has been dumping for months. Why he would focus to a meme coin that has dropped already which he doesn't have the ownership. He's a holder for sure but he doesn't own the whole development of it unlike his company, Tesla, why he shouldn't focus on putting more attention to it to pump it and see how powerful he is in his tweets. I think he knows that many won't buy his Tesla share and it's easier to purchase cryptocurrencies.

[Ryker1]

Yes, it cannot continue forever and he has to focus with his Tesla shares that has been dumping for months. Why he would focus to a meme coin that has dropped already which he doesn't have the ownership. He's a holder for sure but he doesn't own the whole development of it unlike his company, Tesla, why he shouldn't focus on putting more attention to it to pump it and see how powerful he is in his tweets. I think he knows that many won't buy his Tesla share and it's easier to purchase cryptocurrencies.

Well, perhaps people now are learned after following him, he just used his power for his own interest, he left people behind with a massive loss because of his tweet the price of bitcoin was down. We know that not the reason for the bitcoin price dump, but he has triggered those people because panic selling after hearing those FUD. Especially for those newbies on bitcoin and did not know how it will work, all the aim is just for the profit is a short term, not a long term investment. Perhaps, after this scenario, people will start ignoring him and his tweet will no longer have an effect on the bitcoin price.

[Stalker22]

Right now it is worse than a zero sum game as the support for all coins drops so quickly. Musk won't impact the market by a lot right now as it can't even get much worse. We'll see how he reacts over the next few weeks and whether the market will ignore him or still follow whatever stuff he is going to talk about.

This is much bigger than Musk now. Musk may have driven the price down, but news from China triggered a sell-off. My mistake was to believe that because institutional investors are involved, this bull run is different from previous ones. It'll probably stabilize in a few days, but any Musk's reaction is unlikely to have a very big impact.

[tabas]

Yes, it cannot continue forever and he has to focus with his Tesla shares that has been dumping for months. Why he would focus to a meme coin that has dropped already which he doesn't have the ownership. He's a holder for sure but he doesn't own the whole development of it unlike his company, Tesla, why he shouldn't focus on putting more attention to it to pump it and see how powerful he is in his tweets. I think he knows that many won't buy his Tesla share and it's easier to purchase cryptocurrencies.

Well, perhaps people now are learned after following him, he just used his power for his own interest, he left people behind with a massive loss because of his tweet the price of bitcoin was down. We know that not the reason for the bitcoin price dump, but he has triggered those people because panic selling after hearing those FUD. Especially for those newbies on bitcoin and did not know how it will work, all the aim is just for the profit is a short term, not a long term investment. Perhaps, after this scenario, people will start ignoring him and his tweet will no longer have an effect on the bitcoin price.

I've been seeing people blaming him for their losses. But the part is that, it's also their fault that they've depended on him as their financial mentor that they don't really know personally and they know that it's just pure hype that they're riding.
They should also blame themselves for not doing the simple rule of investing in the cryptocurrency market and that is to DYOR.

[BrianH]

Musk has been a con artist for years - bilking taxpayers worldwide. When one business is about to go broke (Solar City), he starts a new one. Tesla was about to go broke and he started bilking money from Nevada, New York, China, Europe. It's a total ponzi scheme!

Musk is supported by world governments, because his goals support theirs. Taxpayers are paying for it, but because it is "private" (supported by billions in tax subsidies), most are too stupid to realize it.

You know there are dark forces at work when Tesla's stock surges during a pandemic when no one is driving and gas prices are at all time lows. Now the entire crypto market drops 50% on one tweet? We're all being played.

Why anyone listens to this clown is beyond me.

[taufik123]

Now the entire crypto market drops 50% on one tweet? We're all being played.

Why anyone listens to this clown is beyond me.

The decline in crypto prices of up to 50% was also caused by China rejecting bitcoin and expelling miners from China. China makes an excellent FUD. Elon was only the first wave of FUD and then the Chinese followed.
People listen to elon because Elon is a very influential person. We can't deny that Elon still has the power to boost crypto.

[Miaallen]

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.
Elon Musk is like John Mcafee of 2017. But Elon Musk is a bigger person compare to now, that's why we can see really huge effect on the market.

By the way, Elon Musk got another tweet a few hours ago and we saw how the market reacted. Bitcoin pumped around 1-2% after the tweet was published recently.

The fact still remains that the powers in Elon Musk's tweets is gone. You said his tweet resulted in 1 - 2% increase in the price but it used to be a rocket effect on the same price just a week ago. That his market manipulation is ending is a great thing for the Cryptocurrency world.