Elon tweet again that he is supporting Crypto against Fiat

[Jack_Sin]

I think this is just Musk’s personal point of view. Every time he says, he changes quickly. He also tweeted that Dogecoin is better than Bitcoin. I don’t think too much about his remarks, even though he has great influence on the market. Please stay vigilant and don’t be led away by their remarks, so as to make some emotional sell-offs.

His statements are inconsistent so many people no longer care what he has to say, market movements no longer follow the rhythm of his statements and we remain optimistic that crypto is not an influence because of just someone, but crypto is a strong world community that makes crypto better.

[Pamadar]

I think this is just Musk’s personal point of view. Every time he says, he changes quickly. He also tweeted that Dogecoin is better than Bitcoin. I don’t think too much about his remarks, even though he has great influence on the market. Please stay vigilant and don’t be led away by their remarks, so as to make some emotional sell-offs.

His statements are inconsistent so many people no longer care what he has to say, market movements no longer follow the rhythm of his statements and we remain optimistic that crypto is not an influence because of just someone, but crypto is a strong world community that makes crypto better.

Better to think that way, crypto move naturally and not because of those artificial pump.

Still strong and  showing good support from investors and traders, Musk's influence is no longer the same the way he did it from the first time he broadcast his support to this industry, personally, it's good to see that the market is moving not because someone tries to manipulate it but because of real investors and traders who are working together inside this business...

[Bollexz1]

I no longer believe anything Elon says, because I think Elon is very inconsistent in his tweets, I'm very confused whether Elon really supports crypto, or is just manipulating the market for personal gain. and I don't care anymore what he says

From what it can be seen, Elon Musk just wants to make personal gain in the crypto space so he won't care who will be the victim of his tweet in the crypto space, because he is free to say anything and also to do anything in crypto.

Exactly my point. He's doing all that with the main motive of locking gains for himself which I considered a self interest because he doesn't care what other investors gets, whether they benefited or not. Argh.. So absurd 🤮

[tbct_mt2]

Former US Treasury Secretary Mnuchin Says His View on Bitcoin 'Has Evolved'

What Mnuchin said?

” While he personally does not want to have bitcoin in his portfolio, he says if people want to buy the cryptocurrency, “that’s perfectly fine.”

Perfectly fine? With Bitcoin, I can have my own bank with a non-custodial wallet and private key. With Tor connection, I can have privacy for my transactions.

With fiat, CBDCs, will I get privacy for my capital transations? Will I have my own bank?

The answer is No.

Bitcoin is more than perfect.

[sammy21]

Exactly my point. He's doing all that with the main motive of locking gains for himself which I considered a self interest because he doesn't care what other investors gets, whether they benefited or not. Argh.. So absurd 🤮

This should be a lesson not to believe him, because it's clear what he's doing for his own benefit, many other investors have suffered losses as a result of his actions.

[Clavulanic]

Exactly my point. He's doing all that with the main motive of locking gains for himself which I considered a self interest because he doesn't care what other investors gets, whether they benefited or not. Argh.. So absurd 🤮

This should be a lesson not to believe him, because it's clear what he's doing for his own benefit, many other investors have suffered losses as a result of his actions.

Elon is very influencial for being a multi billionare, he can manipulate the market if he wants to, that is why elon's tweet can impact market movement thinking that he can use his money to back crypto like what happen on dogecoin that it seems now it become overvalued than its uses.

[Kimonoe]

Exactly my point. He's doing all that with the main motive of locking gains for himself which I considered a self interest because he doesn't care what other investors gets, whether they benefited or not. Argh.. So absurd 🤮

This should be a lesson not to believe him, because it's clear what he's doing for his own benefit, many other investors have suffered losses as a result of his actions.

Elon is very influencial for being a multi billionare, he can manipulate the market if he wants to, that is why elon's tweet can impact market movement thinking that he can use his money to back crypto like what happen on dogecoin that it seems now it become overvalued than its uses.

indeed he is an influential person and has the power of money, but what he has done before seems to reduce his followers, because they seem to be toyed with by him. but we must admit that Elon is a smart person as if it is easy to make money if he wants, but we can see that at this time the project in question seems to be less successful

[ahmia39]

Elon is entitled on his own opinion and it is undeniable that he advocate modern technology and crypto currency is part of world's edge of technology, if he say he will be supporting crypto then that is awesome as we know how rich he is and he can bring big impact to crypto market.

That is indeed clear and in general he is also free to determine any steps he wants to take so that no one has the right to interfere with him in all matters, regardless he is the richest person in this world, but he is a human being who has his own choices.

[roosbit]

Elon Musk has damaged the crypto market several times by the actions he has taken through his twitter account. I feel sorry for those who have suffered so much loss as a result of Elon Musk's actions.

After the crash of crypto happened because of his careless tweets I have put him in my ignore list, I wonder why he hasn't kept his opinions about crypto to himself but chosen to share these thoughts to the world.
If he has something to say, why doesn't  he give opinions about Tesla or space x so that people know what his up to and give feedback about what they think about these projects.

I recommend to friends on this forum not to believe what Elon Musk said.

Note taken!

[Hughes_Ryan]

Elon Musk's actions increasingly expose the fact that he only relies on his community and popularity to make money and polish his brand. His actions from the Tweet make me think this guy is unreliable. It's all for the sake of it I can understand but faking is damned.

[arifteguhr]

Elon Musk's actions increasingly expose the fact that he only relies on his community and popularity to make money and polish his brand. His actions from the Tweet make me think this guy is unreliable. It's all for the sake of it I can understand but faking is damned.

Actually, from the start it was very visible, but in the beginning there were still many people who believed in him so it is very difficult to say that Elon Musk only relies on his community and popularity to make money and polish his brand.

[Erdogan]

Exactly my point. He's doing all that with the main motive of locking gains for himself which I considered a self interest because he doesn't care what other investors gets, whether they benefited or not. Argh.. So absurd 🤮

All of that would make sense if everyone didn't easily believe other people's words including the words of Elon Musk because everyone clearly thinks about his own stomach and his own pocket, so there's nothing unreasonable here.

Of course, we can get angry at what Elon Musk is doing, but I think most of us, if we had opportunities like him, would also try to use them to earn money.
I also don't like the fact that one person in a few minutes or maybe even seconds is able to shake the entire cryptocurrency market so much. Unfortunately, until the market cap of the cryptocurrency market increases several times more, such situations will occur. In my opinion, we should be glad that people like Elon Musk are speaking positively about cryptocurrencies.

[Fredomago]

After a long time, a tweet which could see crypto bullish  but I thought  he took the advice of investors  that insisted  that he stops  these tweeting habits about crypto as his seen to do more damage than Market maker's  trying to manipulate the market.

There is no bad PR. Elon Musk willingly or not, has succeeded in promoting the industry and this is a good thing - long term. Short term though, it looks horrible. There is no need to hate him.

True, No bad pr  but I see him to be the main beneficiary in all this and I think his had better success tapping into the world of crypto  to benefit his business.

I agree with him, in any case, this is a wonderful PR.
Indeed, in fact, the main point is that people would follow bitcoin and cryptocurrency, how they feel about it is not so important, because in the event of any bull run, they will run to buy bitcoin.

For his own sake mostly! but for the crypto industry, there's slight benefits but more on damaging the image of this market, it's true that there are followers who don't know crypto until Musk participation.

They've been move here and now they are investing to this business, but there are more investors who lose their money after following him which are now skipping this business.

But both ends, He (Musk) benefits a lot with his actions.

[Saidasun]

It will be interesting what he has to say on this talk show he is doing about crypto in the next couple of days. Beware anyone that is invested in Bitcoin and altcoins because depending on what is said in that show might cause huge dips in price.

[marissa23]

It will be interesting what he has to say on this talk show he is doing about crypto in the next couple of days. Beware anyone that is invested in Bitcoin and altcoins because depending on what is said in that show might cause huge dips in price.

We better wait for the reviews on the event as the dump effect continues today and if the event can bring the market down then we will see btc below $25k. I hold my investment before finding high market support until the end of the year.

[rahmathidayat93]

We better wait for the reviews on the event as the dump effect continues today and if the event can bring the market down then we will see btc below $25k. I hold my investment before finding high market support until the end of the year.

That's right, I have also stopped investing since the market correction occurred and now I only monitor the market and some news sites about cryptocurrencies, because it can help me when I want to invest again in the crypto space.

[Republikcoin.com]

That's right, I have also stopped investing since the market correction occurred and now I only monitor the market and some news sites about cryptocurrencies, because it can help me when I want to invest again in the crypto space.

The current market conditions should not be an excuse to stop investing and making money from crypto.  Remember, that we don't always get paid when the market is green, even when the market is bleeding we can still get a lot of money.
And another opportunity that you can aim for is, don't just monitor the price of Bitcoin after experiencing a correction.  There are still many altcoins that have high transaction volumes that have gold potential.

[ahmia39]

The current market conditions should not be an excuse to stop investing and making money from crypto.  Remember, that we don't always get paid when the market is green, even when the market is bleeding we can still get a lot of money.
And another opportunity that you can aim for is, don't just monitor the price of Bitcoin after experiencing a correction.  There are still many altcoins that have high transaction volumes that have gold potential.

That's true, but you also have to know that at this time some people who are monitoring the market are just buying coins with potential gold at low prices, because when this market correction is complete, people will get double profits who buys coins at low prices.

[arifteguhr]

We can't conclude the discussion on the talk show, will Elon talk about crypto support statements or vice versa, we have to analyze some of Elon recent activities towards crypto because it is likely that he will be part of the subject of the discussion on the show.

Yes, let's see what will happen to the talk show later, because if Elon Musk wants to support cryptocurrencies and get better there, then in the near future cryptocurrencies will experience a slow recovery, but this also needs to be analyzed further from now on.

[Gayong88]

I also wonder what Elon Musk really wants. although we know Elon has high talent in various fields.