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Author Topic: Elon Musk Tweeting Power gone  (Read 1280 times)
Shasha80
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May 23, 2021, 12:35:28 AM
 #41

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.
This is how I really see him and for sure sooner or later he would also be seen as a clown of crypto who pursue Dogecoin to develop and push the price higher.
You are right about it the difference between Mcafee and him is that he is really rich and powerful compared to Mcafee,
And also he still haven't made any bold statement or bet like what Mcafee did I would surely wait for something like it.

Indeed, there are similarities between McAfee and Elon Musk, they both look like a clown of crypto. But I think Elon Musk is a little better than
McAfee, because Elon Musk is not promoting a scam project. However, the effects of the losses caused by the two people are quite large and create
chaos in the crypto world. I'm happy now that Elon Musk tweets power is gone, because many people are starting to realize the bad intentions
that Elon Musk has been doing all this time. Indeed, the crypto world should not need Elon Musk's presence, hopefully Elon Musk will leave
the crypto world soon.

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May 23, 2021, 01:13:36 AM
 #42

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 ?
true, not all tweets made will affect something, without the support attached to him. So far, all investors, the company has always been fixated on what is said, even though behind it all we have to understand that as a businessman, he will have a specific purpose, what is certain is to get the benefits that can be obtained.

I hope that in the future, things like this do not need to be questioned and don't be exaggerated, because it is only for harm. everything can not be controlled properly in a way that is only for the benefit of its own interests.

I believe the same as you that gradually everyone will understand what he tweeted, and will not affect the development of the progress of crypto itself.
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May 23, 2021, 01:21:38 AM
 #43

Give people two weeks, say another major event occurs that shifts people attention, you will see that people will no remember Elon musk for his few tweets that really did the market over.

One of the pecks of being influential and successful is that, people permit and allow you to say things you like, and most times, they cut you the slack knowing that.

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May 23, 2021, 02:12:44 AM
 #44

Give people two weeks, say another major event occurs that shifts people attention, you will see that people will no remember Elon musk for his few tweets that really did the market over.

One of the pecks of being influential and successful is that, people permit and allow you to say things you like, and most times, they cut you the slack knowing that.

Really you are partially right, because while this information are circulating around, it's because the attention of people is there for the tweet of Elon, but his tweet can't be easily be forgotten because Elon has makes the image very clear to the people and also been recognised to different kinds of individuals across the nations.

And actually many people have started believing the fact that Elon is now one of the people who is likely to determine the increase or growths of cryptocurrency via base on his level of antagonising numerous sets of coins and pay attention on his choice of coin, which i believe that everything will normalize within short time, and from my concept in cryptocurrency, no one causes the increment of cryptocurrency, and if really it happens, someone should stand for correction with a positive fact or clarification.



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May 23, 2021, 02:36:47 AM
 #45

Market needs to be matured to get out of such shits. Of course, it will be eventually. I can assure that Elon can have no influence in the next bull run . There was time, a post from McaFee means huge. He has no more power now and people realized that he is a shill. So does Elon too. People will realize that eventually.

Who cares if Elon Musk has any influence in years to come. The problem is that he has enough influence now that he can control the market  Angry
The only way people won't listen to his tweets if he tweet more often and market fails to react to it. I know as soon as market will recover, he will again start to promote dogecoin.
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May 23, 2021, 03:06:53 AM
 #46

Who cares if Elon Musk has any influence in years to come. The problem is that he has enough influence now that he can control the market 
Elon doesn't control the market per se, he only controls quite a lot of people in the network who do not want to do their research, and imo, many of those people are newbies and 'copy-investors'. Definitely Musk has no control over a decentralized network, he is only just harnessing the influence of his popularity by confusing noobs every now and then.
The only way people won't listen to his tweets if he tweet more often and market fails to react to it. I know as soon as market will recover, he will again start to promote dogecoin.
The thing is, the only way people wouldn't react to his tweets or talks is if they understood the network quite well, and if they believe in what they have put their funds in, but it is what it is, there will always be quite a lot of 'get rich quick' newcomers who know little or nothing, and are just following whatever they see over the internet.



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May 23, 2021, 03:22:24 AM
 #47

Recently i checked elon musk tweeter profile. And i noticed some people is angry and they forbidding to elon musk from tweeting. Elon musk isn’t everything of cryptocurrency. All will be well soon.
elon musk has passed its heyday in crypto it is a big mistake for himself, elon musk with his first tweet was able to raise the price of doge but now elon musk tweet looks like trash, even though he has money but he can't rule the world from crypto. although now elon musk is leaving the crypto world and selling all of his assets the crypto world is not affected by his actions anymore.

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May 23, 2021, 03:31:12 AM
Last edit: May 23, 2021, 03:44:20 AM by MFahad
 #48

He still has the tweeting power  Sad
That's concerning !!!!










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so98nn
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May 23, 2021, 04:10:16 AM
 #49

They say, everything in excess is poisonous.

Thats what happening here. Elon did manipulate the market initially but later on it was merely his thoughts, first he supported btc then he went all into the doge. I think he was just posting his random thoughts and saw an opportunity how he can converge the market into different reality.

It did harm the crypto community and anger was spread through social media right after the SNL show.

But thing is, why would he care if it is working for him.

May be he do not want to expose the surprise right away?
May be he is planning for something big, like bagging the DOGE today and selling it after a year or so when it becomes couple of dollars or hundreds who knows?
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May 23, 2021, 04:16:05 AM
 #50

They say, everything in excess is poisonous.

Thats what happening here. Elon did manipulate the market initially but later on it was merely his thoughts, first he supported btc then he went all into the doge. I think he was just posting his random thoughts and saw an opportunity how he can converge the market into different reality.

It did harm the crypto community and anger was spread through social media right after the SNL show.

But thing is, why would he care if it is working for him.

May be he do not want to expose the surprise right away?
May be he is planning for something big, like bagging the DOGE today and selling it after a year or so when it becomes couple of dollars or hundreds who knows?

What do we expect from a person who loves playing with money, he knows what is best for his wealth.

That particular point in terms of his plan is very valid, we really can't conclude what he's doing behind our back, might want to grab
every opportunities to hold more of his dog and wait till someone will be willing to play with him in the long process, who knows what might be the target and how far this asset will rise.
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May 23, 2021, 05:21:36 AM
 #51

look at the current price: $38,000 and is struggling to stay above $38,000, so why didn't the price fall below $30,000? because more people are buying each time the price drops a lot. this means that elon musk no longer has that great power to cause the price to fall below what it is, because people will be buying whenever the price drops a lot
You can say that because you aren't affected in that onslaught on Bitcoin which Elon's tweet caused. Ask those who got liquidated in that action (or you think people didn't get wrecked in that?) and they will beg to disagree with you. We can only be certain his tweets won't have any effect when he tweets again and we guage the reaction of the market to it. Sadly, from my observation, if Elon tweets today again a lot of people will react to it. It's such a powerful thing to hold financial power and that's what Elon holds. We can't deny or jettison that fact.

Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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May 23, 2021, 05:47:37 AM
 #52

I can't see any recent tweet about BTC in elon musk Twitter. But, I noticed he tweeted about doge at may 22. People still reaction norman on comment box and some of them still inspired from elon musk tweet. By the way, I don’t have any interest about his tweet and i will never take a decision from one man tweet.

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May 23, 2021, 06:56:20 AM
 #53

We are just going to see a repeat of the "John McAfee" tweet scenario, where people followed his social media in the beginning and then started to realize what a a$$hole he really was. The guy was being paid to shill for certain startups and some new coins and it was later exposed. (Also a lot of his other scandals came out and he became irrelevant)

Elon Musk are making more enemies now, than people who actually benefited from his tweets. (The early Shiba coiners and DogeCoin crowd)  Roll Eyes

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May 23, 2021, 09:16:39 AM
 #54

The power of Elon Musk's tweets is disappearing as McAfee did in 2018. People are really bored with them and no longer believe in what Elon Musk says. We need to accept that for the crypto market to grow naturally. In my opinion, it is good that the cryptocurrency market is not affected by celebrity statements.
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May 23, 2021, 11:07:50 AM
 #55

I don't think that people are getting angry, but he is annoying as f**k.

Totally making a 180 turn against Bitcoin and now it seems it is biting him back as people are losing interest on him and his tweet is not that powerful anymore specially if he goes and attack Bitcoin again.

And later he will find out that he no longer has that influence, he might resort to different tactics though, so better watch out for him. Much better to just ignore this billionaire, so that you won't be affected personally.
I've considered him a trickster when it comes to cryptos for years because he mentioned somewhat bullish and somewhat bearish stuff regularly. I thought he changed and finally chose the pro-Bitcoin side at the end of 2020, but I was clearly wrong, and he's still as much of a trickster as always. However, a couple of things are worth mentioning here. First, it could've been worse because a trickster is better than a totally anti-crypto influencer. Second, Musk's influence over the market seems exaggerated to me. He surely triggered the pump of Doge and contributed to the current bear market, but there were other important factors too.

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May 23, 2021, 12:01:27 PM
 #56

The power of Elon Musk's tweets is disappearing as McAfee did in 2018. People are really bored with them and no longer believe in what Elon Musk says. We need to accept that for the crypto market to grow naturally. In my opinion, it is good that the cryptocurrency market is not affected by celebrity statements.

I don't want to compare Elon to a criminal. I was active in the cryptocurrency market when McAfee did his manipulations. What he did was much worse. He took payment from various conmen, to promote scam projects. He was fully aware that the projects that he is promoting are scam, but still went ahead with it due to pure greed. What Elon has done is awful, but even now I will not compare him with John McAfee. I still believe that there is a chance that Elon will realize his mistake and renew his association with Bitcoin.
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May 23, 2021, 12:17:12 PM
 #57

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 think the market is kinda overreacting to Elon Musk's tweets and most investors use EM's tweets as an indicator which is why its easy for him to manipulate the price of the market. However, nobody will believe EM's tweet anymore because of what happens this year

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May 23, 2021, 12:26:48 PM
 #58

I see many people say that Elon Musk is similar to McAfee, maybe this is so, but I do not think it is so. McAfee advertised scam projects, McAfee was pursued by the tax authorities, if my memory serves me he could have been sent to jail.
Let's compare this with Elon Musk, the only thing he promoted is Dogecoin, an already established coin with its own history.
Elon Musk did not advertise scam projects, he is not pursued by the tax authorities, he is not threatened with jail.
This does not negate the manipulation of the market, it seems to me here more globally.
Judging by the latest news, everyone attacked Bitcoin on the same day. Elon Musk Jp Morgan and China as well as CNBC looks like a conspiracy. Elon Musk is very popular, his words were most heard.
I can see that some traders say that no one is to blame, the market was overcrowded.

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May 23, 2021, 12:38:56 PM
 #59

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 ?
But these tweets can be dangerous if you get following him because there are bigger players than him on the market! Imagine he gives a signal which seems bullish and the institutional players activate a sell, it's going to be bad for those of us following Elons tweets.

These kind of remind me of trumps tweets, NASDAQ was always kind using news to trade.

R


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May 23, 2021, 01:14:15 PM
 #60

Ever since the pandemic issue, Elon is the number one influential when it comes to Cryptocurrency though he doesn't single handly cause the pump and dump but alot of newbie that joins the crypto investment last year or 2 sees his tweet as investment advice.
I believe he also among the people that cause the market correction we are experiencing now and it will be nice if his tweeting power has gone but I think it because of what he said about Bitcoin.

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