we are talking about a billionaire guy who has a very famous company, of course people would listen to a person of this level of wealth and fame, if he says: "I bought bitcoin" people are thinking: "if even a billionaire bought bitcoin, then bitcoin it's going to increase a lot in price... " and people immediately rush to buy bitcoin. an interesting fact:
DOGE dumps as Dogecoin-sponsored NASCAR driver crashesit looks like these kinds of disasters will be very common for dogecoin in some time, and the price of dogecoin will begin its journey towards big price drops. and this will not be stopped by elon musk, by this i mean that even the influence elon musk had on bitcoin will end if we are in a bear market
There would really coming a time on where Elon would turn out to be insignificant into this market just like into those other personalities that we do had in past years who do make some involvement or trying out to stir up Bitcoin market. He might be still relevant as of this moment but when the time comes where the community wouldnt really be putting any care at all then we would really able to tell the difference.
You had actually get the point and the things you've been saying is true.Who would be the one to ignore such person does have that fame and popularity?
Thing here is that he had made out something that made the community got frustrated and mad.Of course there would be still those worshippers and believers but the community isnt blind.