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Author Topic: SAVE CRYPTO FROM PEOPLE LIKE ELON MUSK  (Read 708 times)
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May 26, 2021, 05:59:02 PM
 #41

For me it isn't just crypto but the investors as well they are the ones who are in really high risk by trusting and investing because of Elon's words.
We should save those who we could and teach them what is cryptocurrency and the risk of investing on it so they would be aware about it and doesn't just rush in because it is flying high or being advertised by famous/rich or influential person.

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May 26, 2021, 06:37:04 PM
 #42

By "Like Elon Musk" you pretty much mean everybody that shills his/her coin on twitter or other social media platforms. What Musk has been is doing isn't different and any other random pump and dumper. The markets are not regulated. If you can't handle the volatility go back to stonkz boomer.
You would really be seeing these kind of reactions or own impression which are really that personal or does differ on what do majority been thinking or seeing off.
They cant really tell the difference into those people who are just trying to shill to make out pump and dump and in case of Elon then its totally different
but it turns out that he's already a community public enemy as of this moment due to those current things that he'd been doing.

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May 26, 2021, 06:59:55 PM
 #43

there is nothing wrong with him because he only does whatever he likes, other than that he has money so he is free to do anything, so the problem is people who do not know anything (new people in crypto) as well as many of his fomo that follow him to take advantage.
we can't forbid elon to do something because he has a lot of power and followers, all we can do is 2 things.
the first is not to follow everything that elon says with the risk that if there is a pump and the like we do not get any gain and loss, and the second is we participate to be part of his followers by taking the risk of loss but can take advantage of the pump he does.
Everyone is free to choose, but there are risks that must be accepted

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May 26, 2021, 07:56:30 PM
 #44

He is almost out of the equation.He can buy/sell, hodl or dump his Bitcoins but whatever he says now is not going to influence Bitcoin anymore as no one cares about his tweets anymore.This guy is a complete hypocrite as he says energy is bad for mining while his cars the Teslas use energy to run,other form of energy but still energy so you can not have a double standard.No one cares about him anymore and Bitcoin is moving up and down slowly before it goes where it should belong,to the moon.

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May 26, 2021, 08:12:59 PM
 #45

It would be better, instead of a thousand words, to simply link to your idea and ask what the community thinks about it. Why wait for SATOSHI if he is still unknown and is unlikely to appear anytime soon? What's the point in changing a system that works pretty well anyway? Why do you need the approval of all governments? We exist perfectly well without this approval, the community is growing, the market is developing, every day you can see a lot of new promising projects and ideas underlying them.

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May 26, 2021, 10:46:28 PM
 #46

He is almost out of the equation.He can buy/sell, hodl or dump his Bitcoins but whatever he says now is not going to influence Bitcoin anymore as no one cares about his  tweets anymore.This guy is a complete hypocrite as he says energy is bad for mining while his cars the Teslas use energy to run,other form of energy but still energy so you can not have a double standard.No one cares about him anymore and Bitcoin is moving up and down slowly before it goes where it should belong,to the moon.
Elon Musk will not stop from manipulating the market as long as he has still the power to do so. So the best thing to do is to ignore him and don't let his tweets affect us that much. Remember that this crypto market is highly volatile so the recent dump of the market right now is not just because of Elon Musk. It's time already for the market to have its bearish season after all the people have made buying and selling from the previous bull run.

We should not think of Elon Musk as he is the big thing in crypto. Let's focus on how to maximize our investment and having this bearish season is a good opportunity to start with.

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May 26, 2021, 11:29:16 PM
 #47

I have some solutions which can change the entire course of Bitcoin and all cryptocurrency in a good way, and I don’t if Satoshi Nakamoto thought about this or not but I need to speak to Satoshi Nakamoto or the like-minded individuals who are at the top of the market. To be honest I am not great with tech what I thought is all theoretical and  need someone to collaborate with.

TRUST ME IF THIS WORKS MARKET WILL MUCH MUCH BETTER AND CRYPTO WILL BE ACCEPTED BY ALL GOVERNMENTS.

If you want to know those solutions please mail me on: cn567@criptext.com and we can collaborate save the the crypto from shit people like Elon Musk.

I am not trying to be too harsh but what kind of solution could you actually propose to improve bitcoin when you admit yourself you are not good with tech? If you want to improve bitcoin create your own fork and implement your ideas, this is the way of this market and any open source project, do you think you have a better solution than the bitcoin developers? Then prove it, otherwise do not bother trying to get someone else to do your job for you, also while I do not like what Elon is doing at the same time this market is based on freedom and if Elon wants to ruin his reputation by manipulating the market he can do so, and just in a few months his influence here will drop to zero.
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May 27, 2021, 12:20:16 AM
 #48

For me it isn't just crypto but the investors as well they are the ones who are in really high risk by trusting and investing because of Elon's words.

Smart investors doesn't trust Elon Musk words, what they do is to ride the hype and then get out when the price is about to go down. Unlike newbie investors who thinks that Doge can reach $1.00, too different set of investors basing on Musk.

We should save those who we could and teach them what is cryptocurrency and the risk of investing on it so they would be aware about it and doesn't just rush in because it is flying high or being advertised by famous/rich or influential person.

Well let them learn their hard lessons here in crypto, for once we have seen this kind of shill before, with John McAfee, and we all know how everything ends if they continue to follow this so called crypto influencers.

R


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May 27, 2021, 02:29:00 AM
 #49

hello sir, I think the initial technique of bitcoin was like this a long time ago, we are just following the current market buying and selling flow, we are involved in a big war now, depending on us where we will give up or we survive, many people there are very angry with the big decline- size but there are only people who can benefit here, bitcoin is like this from the start, it feels difficult to create a new concept in bitcoin

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May 27, 2021, 08:40:21 AM
 #50

although there are many negative news, one of them is elon.  But we must still believe in bitcoin by not selling our bitcoin assets.  When the bitcoin price drops, we should make a buy back.  So that when the price goes up we will get a big profit.

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May 27, 2021, 09:03:21 AM
 #51

For me it isn't just crypto but the investors as well they are the ones who are in really high risk by trusting and investing because of Elon's words.
We should save those who we could and teach them what is cryptocurrency and the risk of investing on it so they would be aware about it and doesn't just rush in because it is flying high or being advertised by famous/rich or influential person.
Elon is just a personality, it's the stupid weak hands investors that we should be saved from, they are the reason for panic selling because they overreact to things that aren't even worth the attention, look at the prices, it's slowly going back up and now the weak hands has to get in again and they blame other people for their losses.

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May 27, 2021, 09:50:25 AM
 #52

People are too stupid and emotional about the recent fiasco of Elon to think about that, what they want right now is to hate on the person that doesn't even know that they exist, they are essentially shouting to the void. That's what I am currently doing right now and I gotta tell you that when bitcoin hits another ATH or the 100k mark, you best bet I will get a lot of profit out of it.
Maybe people are just desperate to make money because they can not make money from long ago. We can not blame people or Elon because they have their own reason to do that. Maybe Elon has a hidden agenda and plans to do that while people want to make money. Many people lose their money and some of them cut losses their coin to buy back at a low price. But many others just watch the price movements without doing something because they already lose their money by investing in a high price.
Why go to a volatile market if you are desperate, there are better ways to park your money so it isn't affected by a big loss. The only people who blame others for their losses are those that are greedy and stupid. There are some with short-term goals that are cutting losses and that is acceptable but waht I hate are the people who put the blame to others besides themselves.

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May 27, 2021, 05:08:25 PM
 #53

As I said crypto was a really great concept long back but with time problems started arising because tech behind bitcoin is not getting updated and each and every coin is dependent on Bitcoin directly or indirectly. As we can see the current correction in BTC really potential and great coins saw a massive drop because a drop in Bitcoin, all the alt coins are connected with bitcoin and because of one single coin the whole market is filled with blood.

I have some solutions which can change the entire course of Bitcoin and all cryptocurrency in a good way, and I don’t if Satoshi Nakamoto thought about this or not but I need to speak to Satoshi Nakamoto or the like-minded individuals who are at the top of the market. To be honest I am not great with tech what I thought is all theoretical and  need someone to collaborate with.
There is nothing you can do about it, maybe with time the volatility is going to go down than it is now. Bitcoin (and most cryptocurrencies) is volatile, that is the risk, you have to understand that and play your game wisely. If you’re not going to play wisely then you’re going to be losing your money because of whales that are out to manipulate the market for their own personal gains. Even if you decide that you’re going to stop Elon Musk, how exactly do you plan on doing that? He has already made it clear that he’s no longer part of the Bitcoin community, but how sure are we that he’s not still investing?

We all know that anyone can invest in Bitcoin and maintain their privacy by making use of decentralized exchanges and peer to peer, that way you wouldn’t know that they have invested. So, you can’t really stop them. Instead of worrying about them , you should worry about your own money and how you can make profit.

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May 27, 2021, 05:58:13 PM
 #54

Hello everyone so we can see the current market is really bad for all investors and let's accept the fact that there is some drawbacks to crypto currency,
The answer lies in the name: currency.
Cryptocurrency was supposed to be a currency not an investment. That is the main problem.

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there are many retails investors who got REKT
Good!

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which is not that good because people are scared and thinking to exit this market because of some manipulators or influencers like Elon Musk.
Another good thing. People who invested in cryptocurrency instead of understanding what it was made for should leave sooner than later, specially those buying altcoins without looking at the technology and realizing how terrible the altcoins they buy are.

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tech behind bitcoin is not getting updated
Well that's just not true.
Not to mention that bitcoin is considered a brand new technology itself!

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great coins saw a massive drop because a drop in Bitcoin, all the alt coins are connected with bitcoin and because of one single coin the whole market is filled with blood.
There is no such thing as "great coins" there is only bitcoin and lots of useless altcoins. Which is the only reason why they get dumped hard each time bitcoin price goes up or down significantly.
I think a lot of people skipped what you wrote, because what you wrote accurately describes what is going on today with Bitcoin and also with the community. And I think that, from those points that you wrote, the whole community should be thinking about them. I found what you wrote very interesting.
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May 27, 2021, 07:39:22 PM
 #55

~
Quite sad that those "Smart investors" could be just countable easily.
They'll surely learn their lesson when the price correct even more. It will speak their stupidity for sure.
We have been through McAfee, Buffett, Fake-toshi, Sachs, and many others in the past.
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May 27, 2021, 09:28:53 PM
 #56

There is no way to prevent anyone from manipulating the market. They will continue to do so on purpose or not. We must accept that this market is highly manipulable and it won't change. So, we should always be ready for significant changes.

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apityeh71
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May 28, 2021, 06:01:33 AM
 #57

This is not first time Price manipulation happened on crypto market. Not only in crypto market but also market manipulation existed on stocks market. Since crypto market created, the price action of crypto alwasy in high fluctuacion. My opinion, Elon Musk did help this market growing by publication about Bitcoin and Doge, so that we have seen first in history, the total marketcap reached above $2 trillion. We only need avoid too greedy when the coin soared.

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May 29, 2021, 12:51:39 AM
 #58

...
Crypto absolutely needs to ditch the celebration of pathetic vampires like McAfee if it wants the world to believe it is the future of finance, and not simply ancient swindling techniques that have been digitally repackaged for a new generation of suckers.
That bold part is pretty much every altcoin by definition.

Only Bitcoin wasn't created to line the pockets of it's creators.

I would pose that perhaps Namecoin and Litecoin also share this distinction; they are pretty benevolent. As is (was) Dogecoin, which Jackson Palmer stated was meant to be a joke, or a "piss take" in his words.

But otherwise I tend to agree with you.
Alas Few people seem to have been around when Litcoin was created to understand that Charlie created it as a scam for his own advantage also.
The scrypt parameters were set low enough to allow GPU mining, but they claimed otherwise.

You will find I argued about this on the forum also for Tenebrix (Litecoin predecessor)
You'd need to read all the crap they were spreading back then in the many posts after mine (mainly in the 2nd one):
https://bitcointalk.org/index.php?topic=45667.msg545344#msg545344
https://bitcointalk.org/index.php?topic=45849.msg548778#msg548778

So for around a year he was GPU mining Litecoin while everyone else was CPU mining, until the GPU code was released.

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May 29, 2021, 07:28:47 AM
 #59

How can we really stop Musk? After all, this is impossible.
You will be right and since manipulation has been existed in the market for how many years, to stop this is less likely impossible.

These rich people like Elon had come to crypto and pump the market, and along that event many had also taking the benefits from it. Investors and holders are celebrating their day knowing that the market will pump.

Either we think this manipulation is bad to the market image and gives worries to the investors but I suppose to live having an environment like this. Why? Because it helps the market remain volatile.

R


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May 30, 2021, 05:54:13 AM
 #60

How can we really stop Musk? After all, this is impossible.
You will be right and since manipulation has been existed in the market for how many years, to stop this is less likely impossible.

These rich people like Elon had come to crypto and pump the market, and along that event many had also taking the benefits from it. Investors and holders are celebrating their day knowing that the market will pump.

Either we think this manipulation is bad to the market image and gives worries to the investors but I suppose to live having an environment like this. Why? Because it helps the market remain volatile.
bitcoin, indeed, cannot escape any news that happens to it, because bitcoin is indeed very sexy to continue to be the target of conversation at all times.
The role of social media is felt and people like @elonmusk are using it every step of the way with what's happening to bitcoin. whether good news or bad news arises from there and one cannot avoid it. because many cannot control not to be bothered by it. because if it continues to happen it will make things not develop properly.

@elonmusk is smart and finally uses social media for personal gain to seek popularity and the benefits that will be obtained by giving bad or even good news. Most of his followers always respond that sometimes they are exaggerated so that in the end it doesn't go well and seems to be a certain goal. If it continues to develop, of course it is also not good, so it must be stopped immediately.
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