[2021-06-04] Bitcoin falls after Elon Musk tweets breakup meme

[Woodie]

Bitcoin's price fell Friday morning after Elon Musk posted a tweet suggesting he's fallen out of love with the world's top cryptocurrecy.

The billionaire Tesla CEO tweeted a meme about a couple breaking up over the male partner quoting Linkin Park lyrics, adding the hashtag #Bitcoin and a broken heart emoji.

Bitcoin fell 6% to a price of $36,273.29 at around 10:25 a.m. ET Friday, according to data from Coin Metrics. Other digital coins followed suit, with No. 2 cryptocurrency ether dipping more than 6% to $2,615.88 and dogecoin — Musk's favored crypto — sinking almost 8% to around 36 cents.

Read more https://www.cnbc.com/2021/06/04/bitcoin-falls-after-elon-musk-tweets-breakup-meme.html



Sometimes am really not convinced that this guy has something to do with how market reacts based on his tweets,could this all be a coincidence backed by an informed tweet??

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[acquafredda]

I cannot stand him anymore. Cannot even read his words as he breaks my nerves.
I had a lot of esteem for the guy, I believed he was really a good guy (especially after he roasted the Robinhood CEO).
Now, his agenda is getting clearer and I do not like it.
People still follow him, though, and that is so disappointing.

[stomachgrowls]

I cannot stand him anymore. Cannot even read his words as he breaks my nerves.
I had a lot of esteem for the guy, I believed he was really a good guy (especially after he roasted the Robinhood CEO).
Now, his agenda is getting clearer and I do not like it.
People still follow him, though, and that is so disappointing.

Neither just some personal view or not but it turns out that the community is really taking up these tweets to be manipulative.Why he do always took the blame if the community could just simply ignore on what words would he say but honestly its really hard on what we are asking.

People would really make out reactions and having their own perceptions and views towards those tweets also that 6% fall is something typical on day to day situation of bitcoin price?

Look at on the current movement on where it starts to recover again and those drops are just part of daily routine.

[bbc.reporter]

I cannot stand him anymore. Cannot even read his words as he breaks my nerves.
I had a lot of esteem for the guy, I believed he was really a good guy (especially after he roasted the Robinhood CEO).
Now, his agenda is getting clearer and I do not like it.
People still follow him, though, and that is so disappointing.

Hehehe he is not bitcoin’s hero. I have always speculated that it was going to be Michael Saylor who would be doing the rugpull. Saylor appears to have transformed into a religious maximalist hehe. He is still presently good for bitcoin, however.

[Lucius]

For those who believe he deliberately brought down the price to buy cheaply, such actions can only be further proof that he is still trying to keep the price below $40k - in other words, the accumulation is not over yet for him and his friends from the shadows. While some argue that he no longer has such a big impact on the crypto market, suffice it to say that his followers are growing every day - and most continue to act like sheep following their shepherd.

I cannot stand him anymore. Cannot even read his words as he breaks my nerves.

To me, he is completely irrelevant, and the only information I learn about him comes from this forum - he is just another in a series of rich spoiled manipulators who think the world revolves around them.

[buwaytress]

If they loved him when they took them up on a nice ride to the top, they should not love him any less when he brings them back down. At least he's leaving them to their hangover without wagging his finger in their face.

I see all this as good news. If Elon's really (and he's not) purging the weak hands, and this is the best it gets for the bears, man we've got a lot to look forward to.

[bbc.reporter]

@buwaytress. Are you telling everyone to love Elon as he trolls the community, manipulates the price that causes more dumps on the market and causes more investors to lose their money? He rugpulled. What would be the reaction if you tell someone who invested more than $100k to not hate Elon hehehe.

[bryant.coleman]

OK.. this time the exchange rates went down by only 6%. The last time, he managed to crash it by 40%. Do you see a pattern here? His influence in the cryptocurrency market is gradually evaporating. The next time he tries to troll Bitcoin, the price may go up or down by just 1-2%. There are still some people who take Elon seriously, but even those guys will learn to ignore this loser in the next few months. And trust me, Elon will live to regret his treachery. We may forgive him, but Bitcoin will never forgive his mischievous behavior. I will quote this post when Bitcoin hits a market cap of $10 trillion in the future.