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Author Topic: Elon tweet again that he is supporting Crypto against Fiat  (Read 1857 times)
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June 05, 2021, 11:52:23 PM
 #101

I don't believe Elon, I think he's just a speculator and I don't advise you to trust him.
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June 05, 2021, 11:58:29 PM
 #102

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

Quote
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.
Why are you very interested in Elon Musk tweets? Forget about Elon Musk and his tweets. Elon Musk is doing his best to buy low and sell high. I don't want to be a part of the Elon Musk path. We must accept that he can slightly move the marketcap. He can do it until the rest of people lose trust in him. And his influence on the market will be zero in near months.
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June 06, 2021, 04:16:43 AM
 #103

Elon today has no significance and influence now in the market, because trader now are looking for the long term of every project that they've been invested. Like John Macaffee Elon effect will soon faded.
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June 06, 2021, 05:42:09 AM
 #104

Elon Musk is a troll, manipulator and speculator, so I advise you to be very careful if you are investing money based on his tweets. It is certain, however, that his interest and investments in Bitcoin are helping to popularize cryptocurrencies. The fact that it supports cryptocurrencies certainly helps a lot and enlarges the entire market against fiat.
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June 06, 2021, 06:06:20 AM
 #105

Elon today has no significance and influence now in the market, because trader now are looking for the long term of every project that they've been invested. Like John Macaffee Elon effect will soon faded.
It's more of people are pretty much tired of following elon's tweet while at the end of the day it doesn't really matter.
Most of crypto whales just keep accumulating more and more doesn't matter what elon has to say.
Now even the recent tweet about elon "heart break" with bitcoin doesn't even do much to the crypto market, the price more or less still
float around $34K - $37K so you can see how his influences fade day by day.

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June 06, 2021, 06:45:25 PM
 #106

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

Quote
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.
The reason why it seems like Elon Musk is able to manipulate the market is because some of you people always likes to take everything he says serious, and within a short time you will be spreading FUD. If you stop making an importance of his tweet, he will not be able to manipulate the market. We are giving so much power to him, more than he should take.

Bitcoin has passed a level where these whales can control it with their money, because it’s a huge market now, so their only option is influence. When they have the influence over so many people who will acting according to their wish, then they will control the market.

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June 07, 2021, 03:12:05 AM
 #107

Why are you very interested in Elon Musk tweets? Forget about Elon Musk and his tweets. Elon Musk is doing his best to buy low and sell high. I don't want to be a part of the Elon Musk path. We must accept that he can slightly move the marketcap. He can do it until the rest of people lose trust in him. And his influence on the market will be zero in near months.

you are absolutely right, what you said has been proven now, Elon has lost the trust of his followers, and now his tweets won't have much effect, his actions so far only aim to make him buy when prices are low and sell when prices are high, he only thinks about personal gain.

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June 07, 2021, 08:12:51 AM
 #108

Why are you very interested in Elon Musk tweets? Forget about Elon Musk and his tweets. Elon Musk is doing his best to buy low and sell high. I don't want to be a part of the Elon Musk path. We must accept that he can slightly move the marketcap. He can do it until the rest of people lose trust in him. And his influence on the market will be zero in near months.
you are absolutely right, what you said has been proven now, Elon has lost the trust of his followers, and now his tweets won't have much effect, his actions so far only aim to make him buy when prices are low and sell when prices are high, he only thinks about personal gain.
Elon is actually doing all this just to remain in news. I mean the guy is so confused that he supports dogecoin but speaks badly of bitcoin while very well being aware that both work on proof of work and if you are talking bad about bitcoins, there is no room in hell to talk positively about doge which is a copy of bitcoin and a meme.

He is so confused that he will do anything that keeps him trending in the market. He makes no sense when he promotes doge and recently a strange tweet from him pumped an adult coin, I read this in some article. Not sure why people are crazily following him despite clearly knowing the guy has nothing to do with crypto and is only chasing fame.

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June 07, 2021, 08:22:49 AM
 #109

Why are you very interested in Elon Musk tweets? Forget about Elon Musk and his tweets. Elon Musk is doing his best to buy low and sell high. I don't want to be a part of the Elon Musk path. We must accept that he can slightly move the marketcap. He can do it until the rest of people lose trust in him. And his influence on the market will be zero in near months.

you are absolutely right, what you said has been proven now, Elon has lost the trust of his followers, and now his tweets won't have much effect, his actions so far only aim to make him buy when prices are low and sell when prices are high, he only thinks about personal gain.

More likely his words are now becoming like what we have seen from Mcafee in the past, whereafter he failed and didn't fulfill his promise, everything he said about the cryptocurrency has no effect on the investors. even though Elon Musk is a different person and a multi Billionaire, he will likely fall into that due to his changing position regarding his statement about cryptocurrencies. Investors who already been into this kind of scenario has already know what he is up to and now his statement will be nothing like ordinary tweets.

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June 07, 2021, 04:59:01 PM
 #110

Elon is actually doing all this just to remain in news. I mean the guy is so confused that he supports dogecoin but speaks badly of bitcoin while very well being aware that both work on proof of work and if you are talking bad about bitcoins, there is no room in hell to talk positively about doge which is a copy of bitcoin and a meme.

He is so confused that he will do anything that keeps him trending in the market. He makes no sense when he promotes doge and recently a strange tweet from him pumped an adult coin, I read this in some article. Not sure why people are crazily following him despite clearly knowing the guy has nothing to do with crypto and is only chasing fame.
Honestly I do not have the respect I had for anonymous anymore. They can destroy the lives of people like me, but when it comes to big names they are not really doing anything, they just "threaten" but that's it, when it comes to action they do not do anything to big names.

These are very very very good hackers that can destroy any of our lives, if they wanted to attack me I would be basically living at the streets in a year, they can destroy it that well, but when it comes to people like Elon Musk or dictators they talk about, they are not doing anything at all, they just say some stuff but then never back it up and never really truly attack them, they just say stuff like "don't make us do something" and then do nothing at all. Which is why I believe there is a good amount of chance they won't do anything against Elon neither, they will just let him be.
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June 07, 2021, 05:06:45 PM
 #111

Currently Elon Musk has been able to have a negative impact on cryptocurrency price movements in exchange places and has received a lot of criticism from several parties. I am very sure that Elon Musk is currently being hated a lot because it has a bad influence on cryptocurrency.
He is not just being hated but I am sure he is responsible for a lot of suicides because he manipulated the market severely and there were tweets tagging Musk that they are going to suicide. I wish we never had the Musk curse in our community because manipulation after so many years seemed to come to an end but this guy has again started the manipulation.

He continues to be an inconsistent person about this market. He tweets negatively about it first, then he changes his mind again. He does this all the time. Mostly short term investors are angry with him I think.
People who consider him god are the ones who actually suffer because when this moron talks high of crypto people buy a lot of coins but this guy has no self-esteem and his words mean nothing as he can make any tweet randomly without thinking about the impact it would have on his followers.

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June 07, 2021, 07:50:31 PM
 #112

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

Quote
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.

But after he said that, is the crypto market getting better again? The crypto market continues to drop, maybe nothing will stop it. The Popes have already sold their assets. And for those of us who are stuck on high prices can only hope the prices will come back.
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June 07, 2021, 08:15:29 PM
 #113

Why are you very interested in Elon Musk tweets? Forget about Elon Musk and his tweets. Elon Musk is doing his best to buy low and sell high. I don't want to be a part of the Elon Musk path. We must accept that he can slightly move the marketcap. He can do it until the rest of people lose trust in him. And his influence on the market will be zero in near months.

you are absolutely right, what you said has been proven now, Elon has lost the trust of his followers, and now his tweets won't have much effect, his actions so far only aim to make him buy when prices are low and sell when prices are high, he only thinks about personal gain.

More likely his words are now becoming like what we have seen from Mcafee in the past, whereafter he failed and didn't fulfill his promise, everything he said about the cryptocurrency has no effect on the investors. even though Elon Musk is a different person and a multi Billionaire, he will likely fall into that due to his changing position regarding his statement about cryptocurrencies. Investors who already been into this kind of scenario has already know what he is up to and now his statement will be nothing like ordinary tweets.

It's far better to see natural growth inside this market than leaning with Musk billions , it's good to see that

more of his followers are no longer interested following him from any statements that he's bringing to this

industry, let crypto be adopt for it's used not becuase of influencial people who keeps playing inside.
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June 07, 2021, 11:11:57 PM
 #114

Elon Musk didn't invent crypto currencies, they were here before him realizing the potential and whether he is in or out major crypto currencies will stay here.
I think market overreacted his tweets, we know his comments about Bitcoin and crypto currencies, there is no need to see a crash when a person say something, even if it's the richest person in the world.

R


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June 07, 2021, 11:35:15 PM
 #115

personally  i dont care with what elon musk talking about. i am prefer to believe what crypto community been done for years to make this technology accepted in world wide and become popular. one single man show didnt need in this market , we only have to believe our own power to make it great again.
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June 08, 2021, 09:35:10 PM
 #116

Not all rich people who buy Bitcoin want to be known to the media or the public like Elon Musk, I believe that many famous and rich people have
bought Bitcoin. But they have their own reasons for remaining anonymous, therefore the price of Bitcoin can be very high, this must be
the contribution of the rich. Because like you said where there is an opportunity to make money, there will be many billionaires who want to take
the opportunity.
We just known them as "whales" or "big players" in crypto. Even big companies are little by little adapting the changing environment of businesses. They slowly obtaining assets from crypro because they know that the potential of crypto to over power fiat is really high and when that time comes, they already have an asset in crypto market.

Therefore whales can indeed have a fairly large effect on the crypto market, we must always be vigilant and monitor the movement of whales.
If there are rumors that whales will enter the market, usually the crypto market will increase in price, but if whales decide to leave the market,
crypto market prices have decreased as is happening now. But it is common for whales to suddenly enter and exit the crypto market, they usually
do it to manipulate prices, in order to make a profit, by exploiting the panic of inexperienced investors. So don't be fooled by the manipulation of
the whales. If the market goes down like now, don't panic selling the coins we have, because whales are waiting to buy coins at cheap prices in
the market like now. Elon Musk and Tesla are one of the whales in this crypto world, who have a lot of money to try to manipulate the crypto market
to make a profit. Be careful what Elon Musk does, don't let us be influenced by him.

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memyselfandi
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June 09, 2021, 10:59:28 PM
 #117

Not all rich people who buy Bitcoin want to be known to the media or the public like Elon Musk, I believe that many famous and rich people have
bought Bitcoin. But they have their own reasons for remaining anonymous, therefore the price of Bitcoin can be very high, this must be
the contribution of the rich. Because like you said where there is an opportunity to make money, there will be many billionaires who want to take
the opportunity.
We just known them as "whales" or "big players" in crypto. Even big companies are little by little adapting the changing environment of businesses. They slowly obtaining assets from crypro because they know that the potential of crypto to over power fiat is really high and when that time comes, they already have an asset in crypto market.

Therefore whales can indeed have a fairly large effect on the crypto market, we must always be vigilant and monitor the movement of whales.
If there are rumors that whales will enter the market, usually the crypto market will increase in price, but if whales decide to leave the market,
crypto market prices have decreased as is happening now. But it is common for whales to suddenly enter and exit the crypto market, they usually
do it to manipulate prices, in order to make a profit, by exploiting the panic of inexperienced investors. So don't be fooled by the manipulation of
the whales. If the market goes down like now, don't panic selling the coins we have, because whales are waiting to buy coins at cheap prices in
the market like now. Elon Musk and Tesla are one of the whales in this crypto world, who have a lot of money to try to manipulate the crypto market
to make a profit. Be careful what Elon Musk does, don't let us be influenced by him.
Yeah. Actually panic selling is what whales want you to do butnif you are equipped with enough knowledge and skills, you will not gonna do that cause you have references.

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Luffygroove
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June 11, 2021, 07:29:43 AM
 #118

I think it's enough. We can't always be influenced by Elon Musk's tweet. Sane people should be able to read the pattern, what exactly Elon Musk did. I know the crypto market is still young and we all learn by doing here to get the best form of the crypto world. However, we can't be stuck in a shilling and hyping scheme anymore. If we want the crypto world considered seriously by common people and institutions, it should be based on utility, technology or futuristic concept, or whatever other than shill and hype.

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June 11, 2021, 08:16:28 AM
 #119

Elon Musk has been very active writing posts lately in his Twitter account about cryptocurrencies and this is good, because most likely Elon Musk also invested a lot of money in cryptocurrencies and a lot of cryptocurrency investors follow Elon Musk twitter and when Elon Musk writes something about cryptocurrencies, then immediately people begin to invest in these cryptocurrencies and this is very good, therefore, Elon Musk is in favor of making cryptocurrencies much more popular in all over the world.
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July 01, 2021, 09:43:27 PM
 #120

It's great that he does what he does. If he has any influence on the crypto market, then he will lose it in the near future due to his conflicting tweets.
I believe that the market should not react in any way to the statement of a media person, and it would be best if he ruins his own reputation.

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