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Author Topic: Elon Musk Tweeting Power gone  (Read 1280 times)
Tristan Bieber
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May 24, 2021, 03:06:28 AM
 #81

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 very much agree with your point of view. If Musk continues to post some meaningless tweets, it may be that the influence of his accumulation on cryptocurrency gradually weakens, and he can no longer use Twitter to manage his Doge.
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May 24, 2021, 03:44:08 AM
 #82

He is a lunatic and changes all the time. I don’t deny his influence, nor do I dislike him very much. He is a complete speculator. He is not a believer. What he does and what she says will become In the past tense, I would not believe that global consensus cannot win over one person’s speech
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May 24, 2021, 04:34:55 AM
 #83

He's already losing the power, his tweet as of now isn't as impactful as it was when he was still bullish about bitcoin few months ago, even his latest shill that says tesla has diamond hand does next to nothing to crypto and
not even by his shill doge could go against the bearish market. by this alone, he probably not gonna relevant in 5 years ahead though I still appreciate him somewhat making crypto more known among many people.

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May 24, 2021, 04:47:17 AM
 #84

He's already losing the power, his tweet as of now isn't as impactful as it was when he was still bullish about bitcoin few months ago, even his latest shill that says tesla has diamond hand does next to nothing to crypto and
not even by his shill doge could go against the bearish market. by this alone, he probably not gonna relevant in 5 years ahead though I still appreciate him somewhat making crypto more known among many people.

There are people who really got upset after that last statement on Bitcoin,

Investors and traders who lose a lot of money because of him taking part from Bitcoin, though for sure there are lots of whales
who already satisfied with their profits and start pulling out their invested money out from their crypto investment,.
With him alone against those whales, even he keeps on promoting impacts would not that much anymore.
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May 24, 2021, 06:49:27 AM
 #85

Whenever Musk tweeted, I knew that the currency price would change this time, but as he began to oppose Bitcoin, I began to resent his tweets, and I thought he was like a fool. , He just posted another tweet just now, saying that Dogecoin will gradually replace the U.S. dollar is like a joke.
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May 24, 2021, 07:57:52 AM
 #86

He is a lunatic and changes all the time. I don’t deny his influence, nor do I dislike him very much. He is a complete speculator. He is not a believer. What he does and what she says will become In the past tense, I would not believe that global consensus cannot win over one person’s speech
He doesn't need everyone to agree with him, he just needs enough people to do his bidding and things can start to turn around. I wouldn't say that he is lunatic though, more like a genius manipulator because he saw the profits he can make if he were to manipulate the market and he can essentially get away with it since it is a decentralized platform and all we can do is simply watch.

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May 24, 2021, 09:00:12 AM
 #87

here we go again, sometimes at this point I think that the real reason why elon's tweet could be so impactful isn't because people actually watching his tweet 24/7 but because the overwhelming attention he get for people and that allows his tweet to spread across many forums and social media but then again I do agree with his view regarding the fact that crypto is far better than the old fashioned paper money (fiat) or its digital form which soon gonna get abandoned, people with sanity gonna look down at money made out of paper.

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May 24, 2021, 10:32:39 AM
 #88

I think once he do bad thing then people will don't care about his tweets anymore. He just a human, he can make a mistake. For me he is still a smart person, he know where he can get money. I hope I can get that ability too. I personally don't think too much about his tweets, if I am not wrong he tweeted bad thing about bitcoin but the market condition still good, at that time I was so panic and sold all of my bitcoin but  that is my mistake. Because of that I didn't get maximum profit at the bullish market. After few more tweets and weeks the price started to fall. In my point of view his tweets aren't that powerful to influence bitcoin market.

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May 24, 2021, 10:35:09 AM
 #89

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 ?
Well it’s not going to continue forever, but also I am not hundred percent on whether he alone caused the price to crash this badly. When the price was crashing earlier I saw people who were blaming china for the fall in price. The first thing that happened in China was the blackout Xinjiang which a lot of people have believed also led to the fall of the price of Bitcoin and other cryptocurrencies.

Then apart from that I started seeing news again that China has banned bitcoin again, and a lot of people also blamed the Chinese ban on Bitcoin as the reason why, alongside Elon Musk tweets. So, I wouldn’t say that he’s the only one that caused this to happen. Anything could have happened , and since we all can’t really identify what it is, then we can’t tell what it is that really caused it.

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May 24, 2021, 10:56:22 AM
 #90

We all know that Elon is one of the powerful people in the world every time he posts on tweeter there are a lot happens on the market some of these are the dump and pump of the Dogecoin after he declines the use of the bitcoin as payment for tesla another drop from 57k to 50k and also the decline of the china another downtrend of the market it took another month for the bitcoin to joy ride again into another pump to those people got trick by elon musk for sure there don't get fooled and trust Elon musk anymore.

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May 24, 2021, 11:02:00 AM
 #91

like great man like elon have one chance to boost coin, have chance to change something with just a finger. but, in future, like it cant be happen again. still never know, if that man can make a huge for coin or just stay in that time. people will learn about history, and will never make it happen if the story bad for them.
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May 24, 2021, 11:36:22 AM
 #92

They've had a bad experience with Elon Musk's tweets, I don't think they want that to happen again, and Elon Musk is hated so much these days.

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May 24, 2021, 10:05:11 PM
 #93

Even the ongoing market movements were out of his tweets. Down is the tweet that has been driving the market bullish, at anytime he'll make some tweet and crash the market. He has got money in his hand and thats the reason he plays with it, without understanding how the common people with small volume holding will suffer.


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May 24, 2021, 10:21:46 PM
 #94

Even the ongoing market movements were out of his tweets. Down is the tweet that has been driving the market bullish, at anytime he'll make some tweet and crash the market. He has got money in his hand and thats the reason he plays with it, without understanding how the common people with small volume holding will suffer.
-

It seems that he is trying to revive the market because of what he said towards energy usage of bitcoin mining. I hope he understands now the impact of what he tweets to the public. And a lot of lives are ruined just because of that. And now, he is tweeting about the sustainability program for bitcoin mining to make amends. I believe, his tweeting power is not yet gone, a lot are still following his tweets.
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May 24, 2021, 10:51:00 PM
Last edit: May 24, 2021, 11:08:24 PM by Iranus
 #95

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.

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May 24, 2021, 11:09:01 PM
 #96

With the recent tweets of Elon Musks on his account that makes people to follow him as a famous personality and influencer and now people are seeing his real stand with regards to crypto, his stronghold of making people follow him is fastly fading out due to beliefs that his tweets affects how people are deciding their pace when it comes to crypto and all of a sudden his change on stand makes people maybe some or many hate him already. This comes into realization how many people are easily being lured by famous personality and cannot decide on their own.

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May 25, 2021, 02:03:36 AM
 #97

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.
actually the mistake of our investors is that they still believe the news from people who really want to look for a moment's profit. as a businessman we can't really blame his tweets, because he wants to take advantage of the many people who can't help but believe what is being said. It should be from a lot of experience that everyone should be able to control themselves what bad news is true or bad news who wants to make a profit.

Indeed, the role of social media is very close, because the use of social media is quite interesting to make people influenced behind something that cannot be seen the truth. but also maybe it's not just a tweet, because at the same time bad news about being baned bitcoin by China makes it worse. where the two news stories don't really need to be heeded because based on experience only FUD.

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May 25, 2021, 02:44:20 AM
 #98

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.
actually the mistake of our investors is that they still believe the news from people who really want to look for a moment's profit. as a businessman we can't really blame his tweets, because he wants to take advantage of the many people who can't help but believe what is being said. It should be from a lot of experience that everyone should be able to control themselves what bad news is true or bad news who wants to make a profit.

Indeed, the role of social media is very close, because the use of social media is quite interesting to make people influenced behind something that cannot be seen the truth. but also maybe it's not just a tweet, because at the same time bad news about being baned bitcoin by China makes it worse. where the two news stories don't really need to be heeded because based on experience only FUD.

Everybody wants to profit. Elon used his influence to make it there. He supported crypto from the beginning and then started to fud, I bet this is for him to buy back what he had sold at the peak of BTC price. And he also did this to Doge. Yes, we can't blame him for being a businessman who wants to profit. But he shouldn't blame the people for hating him as well.

No one can stop the online users from bashing him every time he tweets. Maybe even throw rotten eggs at him one day if he is in the public.  Someone losses $100K for his tweets, how is he going to react with his fud?


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May 25, 2021, 05:50:36 AM
 #99

They've had a bad experience with Elon Musk's tweets, I don't think they want that to happen again, and Elon Musk is hated so much these days.
Mainly because people expecting too much of elon and turns out he's just as selfish as other peolpe are and people needless to say surprised. But, it's also a good thing that elon has finally lost his tweeting power because that means many people finally
come to realize that the whole market shouldn't move according to his will.
I'm gonna be expecting the market to be rather resistance against such influence as it needed for bitcoin or crypto coin to stay true to its decentralization idea.

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May 25, 2021, 05:22:03 PM
 #100

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.

R


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