Elon tweet again that he is supporting Crypto against Fiat

[Sanitough]

He is trying but he knows it will not help the market to rise.

The price now has dipped again, bitcoin is going down and it could possibly touch below $30k this time.
We see the struggle, bitcoin after its dump will recover a bit but it will fail to break the huge resistance, which clearly tells that the market is not bullish anymore.

Elon could not do good but all negative now.

He started this one and now, better to deal with it. Even if he tweets more about bitcoin if he is not buying again then its useless because he's not the only whales playing in the market, he can't totally influence the market. I don't follow this guy tweets anymore, because I know its about time to get serious and I already have a good time joining his hype on DOGE. I have to be more careful on my money now and convert it into a more stable coin, I'm waiting for the dip now.

Not the only whales, probably the most influential whales and he just proved that people are so stupid to follow him as even DOGE which is just a meme coin has been pumped and made some significant games, people just blindly followed him, that's it.

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[clarkt]

There are some manipulations going with Elon and his Wall Street guys.  These people make money off ordinary people.  These are the games they play from time.  Cryptocurrency may hard to manipulate and I think time will reveal what's Elon intent!

[Asuspawer09]

Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

The true battle is between fiat & crypto. On balance, I support the latter.

Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.

Probably people will have a different take because of the recent drop of the market because of this clown tweeter tweets trying to manipulate the market.

The most hated man in the world, I mean do you believed that Elon doesn't make a profit that he's just some Engineer and not interested in any cryptocurrency? I mean I doubt that, the fact that he's making this kind of tweet is pretty obvious to have some kind of investment that could easily be a pump and dump.

It's a pretty good ride at first since people are taking profit because of the DOGE coin tweets and there are even some people who become a millionaire because of it but its gonna be the difference at this time and I don't think Elon tweet would still have a big influence, people need some time first before something like DOGE could grow again.

[Erdogan]

I will advice all community members not to pay any attention to Elon Musk tweets or any other person tweets or claims like Craig Wright. We as a community has to tell individuals that crypto is different from centralized stock and equity trading. We are decentralized, mean no single person can manipulate us.

[JohnBitCo]

Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

The true battle is between fiat & crypto. On balance, I support the latter.

Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.

That's a positive statement from Elon Musk regarding crypto currencies but it did not have much affect on the price of bitcoin. Elon do not have the power to move the whole crypto market with his tweets. He can only move the dogecoin price to some extent and if he continue to tweet about dogecoin every now and then, his influence will get lower and lower with every tweet.

[MFahad]

I will advice all community members not to pay any attention to Elon Musk tweets or any other person tweets or claims like Craig Wright. We as a community has to tell individuals that crypto is different from centralized stock and equity trading. We are decentralized, mean no single person can manipulate us.

Well, the market still response on these tweets by Elon Musk. It will not be wise to stop following the tweets and miss out on opportunity to long or short the bitcoin or dogecoin. I think if we get these tweets early, we can make some good short term profitable trades. For long term, we know that bitcoin the future and dogecoin is just a meme coin at the end of the day.

[lienfaye]

I will advice all community members not to pay any attention to Elon Musk tweets or any other person tweets or claims like Craig Wright. We as a community has to tell individuals that crypto is different from centralized stock and equity trading. We are decentralized, mean no single person can manipulate us.

Crypto is decentralized and supposed to be no one can control thus we should not be move by anyone's tweet and decide base on our own understanding. But the problem is, this person is popular and many of his followers are influence by his tweet. Thats why it is reflecting on the market, we should not let ourselves be manipulated by these personalities but unfortunately we cant dictate other investors with what they believe is right. Though his tweet is not against to crypto and can somehow change the market trend, still we must not listen to what others has to say especially to these infuential personalities.

[Viscore]

I will advice all community members not to pay any attention to Elon Musk tweets or any other person tweets or claims like Craig Wright. We as a community has to tell individuals that crypto is different from centralized stock and equity trading. We are decentralized, mean no single person can manipulate us.

As much as we want to, but this Elon has really the power to manipulate the market and we can't do nothing about it. Yes, all we can do is just to ignore all this tweets and think of other ways that can possibly make profits while the market is in a dip.

I think with the sell off that is happening with this recent dip, we can take advantage of this event just like Elon is doing too. So keep holding our coins and start to accumulate more bitcoin just like smart investors are into right now.

[Saisher]

There are some manipulations going with Elon and his Wall Street guys.  These people make money off ordinary people.  These are the games they play from time.  Cryptocurrency may hard to manipulate and I think time will reveal what's Elon intent!

And the ordinary people do not understand that Elon and company are just playing them, he is messing with the market and this should not be the case, we let one guy or group have an influence in the market and the market is suffering we must support coins with potential in the market, and not because one guy is pumping it, we should mature this technology is already ten years.

[BayAngelo]

Elon is a cheat. he will never has his way. he is a cunny man that feeds on other peoples failure. many people sold out in that last dip. market prediction has always been about price raise and fall and elon has contributed to the market movement. well known for his pragmatic actions may not end well. gradually people that acts in similar ways has not succeeded. the market is bigger than one person.

[wack slacker]

He was instrumental in crashing the crypto market and his tweet was just reassurance, a way to regain his credibility in the eyes of the community. I assume anyone on this forum is deeply aware of crypto and it's always better than FIAT.
Cryptocurrency is transparent, clean and fair, and FIAT does not.

[VanDeinsberg12]

Elon is a cheat. he will never has his way. he is a cunny man that feeds on other peoples failure. many people sold out in that last dip. market prediction has always been about price raise and fall and elon has contributed to the market movement. well known for his pragmatic actions may not end well. gradually people that acts in similar ways has not succeeded. the market is bigger than one person.

How do you think he can get this far and become a freaking billionaire? the money he hoards definitely need to come from somewhere right? and who else if not from your average joe?
Whoever who thinks that elon gonna make them rich should get themselves connected to the real world again and see the truth, elon didn't become billionaire because of charity but because he's a professional man selling his product to people and that's gonna be the same thing with crypto, he's selling
his tweet for his own benefit. A billionaire not gonna waste their time even 1 minute making some nonsense tweet if not for their own benefit, wake up.

[ILuckyGuyI]

Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

The true battle is between fiat & crypto. On balance, I support the latter.

Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.

I wonder whether Tesla bought more Bitcoin in this period and will announce it later.    Maybe that's the reason he wants to increase Bitcoin price again to recover their loss and make more profit.

And I wonder what Elon Musk aims by saying opposite things. Because he made negative statements before which affected the market very badly. Now, he says he is still supporting cryptocurrencies against fiat money. Is this another manipulation effort or is he really honest this time?

[Twinkledoe]

Elon is a cheat. he will never has his way. he is a cunny man that feeds on other peoples failure. many people sold out in that last dip. market prediction has always been about price raise and fall and elon has contributed to the market movement. well known for his pragmatic actions may not end well. gradually people that acts in similar ways has not succeeded. the market is bigger than one person.

How do you think he can get this far and become a freaking billionaire? the money he hoards definitely need to come from somewhere right? and who else if not from your average joe?
Whoever who thinks that elon gonna make them rich should get themselves connected to the real world again and see the truth, elon didn't become billionaire because of charity but because he's a professional man selling his product to people and that's gonna be the same thing with crypto, he's selling
his tweet for his own benefit. A billionaire not gonna waste their time even 1 minute making some nonsense tweet if not for their own benefit, wake up.

Definitely, he has ulterior motives when he tweets something, and even if we say he has some charitable activities, still, the first thing that he may think is about his business. Since he is already heavily invested in crypto, he will make some movements that will favor his investments. So for those that are following his tweets, just take advantage when he tweets something about crypto, because we can't stop him from what he wants to do, just take advantage of it.

[Chathusand]

We all know that Elon Musk is a great lover of cryptocurrencies and a very powerful figure in history, and his tweets have caused many people to feel that it can contribute to price speculations and affect the market value, which can lead to a sudden decline.

[Noruka]

We all know that Elon Musk is a great lover of cryptocurrencies and a very powerful figure in history, and his tweets have caused many people to feel that it can contribute to price speculations and affect the market value, which can lead to a sudden decline.

Then it's all hope he uses his power to do the right and powerful things.

What is a billionaire worth to society if he uses his power for stuff that is not beneficial. Now I would give him credits anyway as he is obviously a true innovator (although we first need to see a lot of Teslas on the streets).

[Oasisman]

We all know that Elon Musk is a great lover of cryptocurrencies and a very powerful figure in history, and his tweets have caused many people to feel that it can contribute to price speculations and affect the market value, which can lead to a sudden decline.

Man, what we know is that Elon is trying to manipulate the market through series of tweets. Thus, he found it effective as his million followers are following him whatever he wants to talk about in cryptocurrency.
The people needs to realize that and stop following him, because he definitely is messing around with cryptocurrency. He pumps shitcoins whenever he wants, he'll drop negative remarks against Bitcoin and drop the price in an instant and do the other way around in the next few weeks.
This is a highly speculative market, price predictions doesn't depends on Elon tweets smfh.

[LordMiguel]

the problem is his followers that will always amplify every shit he posted. assuming his fellowers can reason properly and avoid some insensitive posts he made. i don't think the market will be in the present situation. Also he is allowed to post whatever he wants to post and maybe his friends has filled their bags from the dips. i know well that i will not even make any sale during this dip. the market will always bounce back.

[Rexler]

He was probably feeling sorry after he made the market dump with the news about tesla stopping the purchase of their car with bitcoin his just trying to right his wrong, but the damage has been done already bitcoin fell 35%+ from the all time high, and now it's back to $30k+, it has been hovering around it for more than a week now and nothing seems to be happening, the $40k level keeps being rejected and every weekend it's dumping, the market is really unstable right now thanks to him.

[Distinctin]

Should we have to trust him again? Well, I don't think so. He just wants some recognition and I think he never deserves that, he could be put in ignored.

Because after all he has done to Bitcoin, shilling Doge, and then he says that he supports crypto now, people will find it funny. How pitty he was asking for another chance that once has been ruined and the community had a bitter experience with him. Probably, he got no positive response from the community.