Do you think Elon is manipulating the market?

[Nunoluck]

He have to be careful about his tweets. I hope he don't make cryptocurrency community don't like him anymore. In my point of view, he and his company must keep have good image because not all people like electric car. Many people only care about their convenient, pride, price, capacity and etc. They don't think too much about environment.

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[Kong Hey Pakboy]

He have to be careful about his tweets. I hope he don't make cryptocurrency community don't like him anymore. In my point of view, he and his company must keep have good image because not all people like electric car. Many people only care about their convenient, pride, price, capacity and etc. They don't think too much about environment.

Why does he have to be careful though? He doesn't live to impress everyone and everyone should live like that too. Also, the community is a bandwagon when it comes to people that influences the market, pretty sure that they will be going to ease up on him when he becomes the reason for the next big pump of the market.

[xenon131]

~

He started manipulating

[aysg76]

He has lost his tweeting influencing power in these past days because investors have now recognised that he was messing up the market for his personal profits.So in order to keep up his image in the market he is just trying to portray that he is in favour of crypto market to gain support from the market once again but nothing major impact will be done.This tweets have reversely affected his wealth and Tesla share prices to downfall.

Ethereum founder Vitalik also state that Elon Musk is presence is not gonna last forever in the market and same is happening bit early as doge is not pumping with his latest tweets also and he might be working on some pos solutions for its development to make it coin of earth but nothing is going to work and his manipulation game is coming to a drastic end.

[Hydrogen]

List of fuds that makes the crypto market crash:
-Elon Musk tweeted about Tesla not accepting Bitcoin as a payment method
-Bitcoin price falls after China calls for crackdown on bitcoin mining and trading behavior

Elon, in my opinion, is truly manipulating the market by issuing a statement on his Twitter account that is very influential to the majority of people in the crypto scene without DYOR even his people that are engineers can't assess the reality of bitcoin mining! He stated that BTC isn't good for the environment and having a huge power consumption but many of the experts have already debunked his statement.

What's missing is a motive. If Elon Musk's goal was to crash bitcoin. Why crash btc when tesla is holding more than $1.5 billion btc. Bitcoin's price decline hurt Elon Musk and tesla as much as it hurt everyone affected.

Influencing markets and the value of assets like bitcoin requires billions of dollars in active trading liquidity. This is something that Elon Musk lacks with the vast majority of his net worth tied up in tesla stock. If someone wanted to pinpoint the identity of person behind market trades. They would look at the trading demographic with the largest amount of money and liquidity.

Many are pointing the finger at Elon Musk and blaming him for crypto's latest decline. It would seem there are a few things missing before Elon Musk could be pronounced guilty.

[Kakmakr]

List of fuds that makes the crypto market crash:
-Elon Musk tweeted about Tesla not accepting Bitcoin as a payment method
-Bitcoin price falls after China calls for crackdown on bitcoin mining and trading behavior

Elon, in my opinion, is truly manipulating the market by issuing a statement on his Twitter account that is very influential to the majority of people in the crypto scene without DYOR even his people that are engineers can't assess the reality of bitcoin mining! He stated that BTC isn't good for the environment and having a huge power consumption but many of the experts have already debunked his statement.

What's missing is a motive. If Elon Musk's goal was to crash bitcoin. Why crash btc when tesla is holding more than $1.5 billion btc. How is that supposed to make sense? Bitcoin's price decline hurt Elon Musk and tesla as much as it hurt everyone affected.

Influencing markets and the value of assets like bitcoin requires billions of dollars in active trading liquidity. This is something that Elon Musk lacks with the vast majority of his net worth tied up in tesla stock. If someone wanted to pinpoint the identity of person behind market trades. They would look at the trading demographic with the largest amount of money and liquidity.

Many are pointing the finger at Elon Musk and blaming him for crypto's latest decline. It would seem there are a few things missing before Elon Musk could be pronounced guilty.

I do not think that he did that to sabotage Bitcoin (BTC) .... I think he wanted to pump Shiba and Dodge, so he just tweeted that to get people to shift their investments from BTC to Shiba and Dodge (Where he is personally invested)

Remember one thing, you have not lost money on Bitcoin or any other Crypto currency.. UNTIL you sold it. So he might have thought that, after he pumped Shiba and Doge.. that he will pump BTC again and then profit from that again.

He also did not think that his tweet would cause a ripple affect that would trigger a selloff that amount to a 40% drop in the BTC price. (Not entirely his fault, because we know a bunch of Chinese whales dumped BTC to burn another whale and to push him out of the market) 

[Hydrogen]

I do not think that he did that to sabotage Bitcoin (BTC) .... I think he wanted to pump Shiba and Dodge, so he just tweeted that to get people to shift their investments from BTC to Shiba and Dodge (Where he is personally invested)

Someone with experience in trading might expect a shift from btc to shiba and doge to devalue tesla's $1.5 billion btc holdings.

Elon Musk gave dogecoin a shoutout on SNL on may 8th. The value of dogecoin fell afterward. I think his shoutout was intended to elevate dogecoin's value but appeared to have the opposite effect.

And so Elon Musk's reputation as a great market mastermind and manipulator may be somewhat exaggerated.

If people are searching for a grand puppeteer pulling the strings behind all these occurrences they may have to look elsewhere.

[wahyu wida]

List of fuds that makes the crypto market crash:
-Elon Musk tweeted about Tesla not accepting Bitcoin as a payment method
-Bitcoin price falls after China calls for crackdown on bitcoin mining and trading behavior

Elon, in my opinion, is truly manipulating the market by issuing a statement on his Twitter account that is very influential to the majority of people in the crypto scene without DYOR even his people that are engineers can't assess the reality of bitcoin mining! He stated that BTC isn't good for the environment and having a huge power consumption but many of the experts have already debunked his statement.

What's missing is a motive. If Elon Musk's goal was to crash bitcoin. Why crash btc when tesla is holding more than $1.5 billion btc. How is that supposed to make sense? Bitcoin's price decline hurt Elon Musk and tesla as much as it hurt everyone affected.

Influencing markets and the value of assets like bitcoin requires billions of dollars in active trading liquidity. This is something that Elon Musk lacks with the vast majority of his net worth tied up in tesla stock. If someone wanted to pinpoint the identity of person behind market trades. They would look at the trading demographic with the largest amount of money and liquidity.

Many are pointing the finger at Elon Musk and blaming him for crypto's latest decline. It would seem there are a few things missing before Elon Musk could be pronounced guilty.

I do not think that he did that to sabotage Bitcoin (BTC) .... I think he wanted to pump Shiba and Dodge, so he just tweeted that to get people to shift their investments from BTC to Shiba and Dodge (Where he is personally invested)

Remember one thing, you have not lost money on Bitcoin or any other Crypto currency.. UNTIL you sold it. So he might have thought that, after he pumped Shiba and Doge.. that he will pump BTC again and then profit from that again.

He also did not think that his tweet would cause a ripple affect that would trigger a selloff that amount to a 40% drop in the BTC price. (Not entirely his fault, because we know a bunch of Chinese whales dumped BTC to burn another whale and to push him out of the market) 

The crypto world is inseparable from whales, where big news triggers simultaneous movements. just like Ellon, he is a businessman, and of course what he does in the end is looking for a profit. with a large amount of entry into bitcoin, and finally he got out he had made a tremendous profit, and he then changed strategies by pumping altcoins

[irsykes]

Some are believe and some are not. But i think it can be considered to be manipulate market. But this is just personal opinion, because it already happened, almost every tweet of Elon Musk really affect on some people and cause them to be panic either of buy or panic sell. But i think it is just temporary.

[RealMalatesta]

I think the first time Elon tweeted about doge a lot of people believed and made massive purchases of doge coins. Likewise, when he tweeted about bitcoin that could be used to buy Tesla, then many bought bitcoin. but when he gave a negative tweet about bitcoin that is not environmentally friendly, the price of bitcoin fell which was followed by a decline in other coins. but now people began to not believe what he tweeted, which seemed to play the price of bitcoin and other coins. I hope the price of bitcoin and alt coins can return to their fair prices and focus on developing future projects.

I am not even entirely sure if he actually ends up buying or selling at that level, sure he tweets and sure he had that 1.5 billion dollars purchased from tesla as well but I am not sure if he did anything more than that.

Yes, he probably got a bit of dogecoin but it wasn't even 1% of what the public did neither, for every 100 dollars spent on dogecoin in the past 6 months, that would end up being that Elon just likes to talk about it and not actually put his money where his mouth is. He is not going to manipulate the market the way he does because of his kindness of the heart neither, sure he is not going to make a profit from this as that much but he is not doing it for fun neither, he is getting attention and love from people when it increases and that is what he is after surely.

[Kittygalore]

Some are believe and some are not. But i think it can be considered to be manipulate market. But this is just personal opinion, because it already happened, almost every tweet of Elon Musk really affect on some people and cause them to be panic either of buy or panic sell. But i think it is just temporary.

Even if Elon is manipulating the market, there's no one who can stop him and the other whales to do so because bitcoin is a decentralized platform, this is per se, a lawless land and anything can go. Of course it is temporary, that's why a lot of the veteran hodlers are advising newbies to hodl their bitcoin.

[Reid]

I'm a "yes" too.
He doesn't say it directly but you could feel it with every move he makes.
Dogecoin, for example, he can buy bulks of it and try to control its market and no one will care except for those who did the same just like him.
With Bitcoin, he can't do it. I think we all know the reason why. (we still have our strong hodlers) 
He bought it at an expensive price which means he will just get a small amount that won't have any power to move the market.

I'm sure there will be a next target. Ready your popcorns.

[acener]

There's no doubt about it for me it is clear that he is manipulating the market ever since he got into it,
People just doesn't want to acknowledge it and see's him as a great hero who makes crypto fly,
But you should know that he is doing it to gain profit not to help the market grow you could see how he use his power and gain from it.

[samcrypto]

I believe that he is manipulating some crypto but not the whole market because he only focus on Dogecoin and BTC at the moment who knows if he would try to manipulate other crypto as well.
I believe that he is posting those tweets because he knew that his words could mean a lot for the investors so he is using it as a power to manipulate the crypto.

   Yes , Maybe some crypto currency he manipulate by Elon Musk but not at all whole market .but I observed that he focused in Bitcoins and Dogecoin. Specially he hold the company of Tesla the first car company.

Obviously he tweets more about DOGE and BTC but its hard to say that he is manipulating it since its just a tweet and people have a choice to follow it or not. For me, Elon is just taking advantage his popularity for his own benefit, he is playing in the market and some whales are riding with him that’s why the price of those two are very volatile right now.

[Dollar_Hunter]

There's no doubt about it for me it is clear that he is manipulating the market ever since he got into it,
People just doesn't want to acknowledge it and see's him as a great hero who makes crypto fly,
But you should know that he is doing it to gain profit not to help the market grow you could see how he use his power and gain from it.

I think that's the reason so many people hate Elon Musk,
he really does everything for his own benefit and I am not surprised by that because he is one of the big guys,
We'll see what Elon Musk will do in the future

[finaleshot2016]

He have to be careful about his tweets. I hope he don't make cryptocurrency community don't like him anymore. In my point of view, he and his company must keep have good image because not all people like electric car. Many people only care about their convenient, pride, price, capacity and etc. They don't think too much about environment.

The truth is that most people in the crypto community no longer like him, with the exception of those who genuinely love doge and want to see it grow. IMO, he doesn't have a good image right now unless he devises a strategy that will undoubtedly cause the BTC to rise to levels where everyone benefits, such as an anti-whale method. The whales who are just swimming around with Elon's shilling and will appear out of nowhere to dump now always reap the most benefits.

I believe that he is manipulating some crypto but not the whole market because he only focus on Dogecoin and BTC at the moment who knows if he would try to manipulate other crypto as well.
I believe that he is posting those tweets because he knew that his words could mean a lot for the investors so he is using it as a power to manipulate the crypto.

   Yes , Maybe some crypto currency he manipulate by Elon Musk but not at all whole market .but I observed that he focused in Bitcoins and Dogecoin. Specially he hold the company of Tesla the first car company.

Obviously he tweets more about DOGE and BTC but its hard to say that he is manipulating it since its just a tweet and people have a choice to follow it or not. For me, Elon is just taking advantage his popularity for his own benefit, he is playing in the market and some whales are riding with him that’s why the price of those two are very volatile right now.

The issue here is that there are far too many newcomers to trading who believe him because they believe Elon is the way to get rich. To avoid this, we should make them aware of what is happening and what will happen in the future if they want crypto to remain crypto in the coming years.

[Chato1977]

There's no doubt about it for me it is clear that he is manipulating the market ever since he got into it,
People just doesn't want to acknowledge it and see's him as a great hero who makes crypto fly,
But you should know that he is doing it to gain profit not to help the market grow you could see how he use his power and gain from it.

I think that's the reason so many people hate Elon Musk,
he really does everything for his own benefit and I am not surprised by that because he is one of the big guys,
We'll see what Elon Musk will do in the future

You really need to wait for the future when he obviously showing what kind of person he is now?

do you really wanted more manipulation and clowning he will bring in this market?

Please show some respect to yourself and this market also.

Some are believe and some are not. But i think it can be considered to be manipulate market. But this is just personal opinion, because it already happened, almost every tweet of Elon Musk really affect on some people and cause them to be panic either of buy or panic sell. But i think it is just temporary.

don't ask for consent because you are thinking what is really happening.

[Oasisman]

He have to be careful about his tweets. I hope he don't make cryptocurrency community don't like him anymore. In my point of view, he and his company must keep have good image because not all people like electric car. Many people only care about their convenient, pride, price, capacity and etc. They don't think too much about environment.

Why does he have to be careful though? He doesn't live to impress everyone and everyone should live like that too. Also, the community is a bandwagon when it comes to people that influences the market, pretty sure that they will be going to ease up on him when he becomes the reason for the next big pump of the market.

He needs to be careful with his Tweets because there is actually a law that counters the market manipulations.
The moment he makes it very obvious, that would become a ground for a lawsuit.
The crypto community doesn't totally follow him, It was the people on Twitter and other social media platforms that has been following him since the Doge hype. Now Shiba.
The crypto community knew what he was trying to do with the market when he started tweeting about Cryptocurrency, and so majority of the people in this community despise him for messing around the crypto space.

[Karartma1]

I sense that people started to know him: too many got burned thanks to him P&D signals and he's losing influence as a crypto guy. Couldn't have gone better in that sense! Bitcoin need no gurus or frontmen.
You can be Elon Musk, Bill Gates, Warren Buffett yet honey badger doesn't care!

[Leviathan.007]

That's interesting to see people don't care about Elon Mask and his tweets, anymore. He did write a tweet about dogecoin a few days ago and nothing happened, the price didn't rise or fall at all. He was definitely try to manipulate the price and get advantage from it. That's who some people get rich and other lose their money. However, all these manipulation can effect the market only in short term and they effect the long term holders at all.