Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July

[SaShiRaJaVu]

Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.

It is not just the cryptocurrency investors that are dancing to his tune, there were others that started investing because of his influence in the market and in the past month i have seen many testimonials about investors earning millions because they followed the tweets of Elon Musk and there is no doubt he is able to influence the market, will see how long he will be able to do that.

It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.

He is playing along and his ultimate motive is to make money and he is doing that, anything he says in the cryptocurrency market i am not taking it seriously.

[xSkylarx]

The meeting has helped to switch the market sentiment to a more bullish one. It may not be the only reason we are seeing green now, but it certainly helped. With this in mind we should hope to see more of these gatherings in the future and perhaps invite other Bitcoiners like Plan B, Pomp, the w twins, CZ etc..

I believe, the conference really did have a positive impact in the market. Maybe people are gaining confidence again towards crypto. But I do agree, we need real crypto experts to be in this conference, because they know the ins and outs already and they can very well explain it to the public. Though Musk and Dorsey are pro-crypto, yet, they are not the right people to talk about crypto in more in depth discussions.

Agreed, most famous people who talk about something, such as a cryptocurrency, cause the price to rise because there are a lot of people looking to buy on it because the famous people talk about it. When Tesla announced that they would accept bitcoin as a payment method, the price of bitcoin skyrocketed, and more people became interested in it. This is the first time I've seen people interested in bitcoin as an investment.

[bryant.coleman]

He is playing along and his ultimate motive is to make money and he is doing that, anything he says in the cryptocurrency market i am not taking it seriously.

And what is wrong with that? If I was in Elon's position, and if I could influence millions of people and manipulate the stocks and cryptocurrencies, then I would do the same as well. The fault lies with the retarded people who blindly believes him. Look at how these idiots rushed to invest in Dogecoin, after Elon made a couple of tweets mentioning that coin. The fact that Doge was created to mock the entire idea of cryptocurrency didn't discouraged any of them to make huge investments with that shitcoin. So who is to blame here exactly?

[uneng]

He is playing along and his ultimate motive is to make money and he is doing that, anything he says in the cryptocurrency market i am not taking it seriously.

And what is wrong with that? If I was in Elon's position, and if I could influence millions of people and manipulate the stocks and cryptocurrencies, then I would do the same as well. The fault lies with the retarded people who blindly believes him. Look at how these idiots rushed to invest in Dogecoin, after Elon made a couple of tweets mentioning that coin. The fact that Doge was created to mock the entire idea of cryptocurrency didn't discouraged any of them to make huge investments with that shitcoin. So who is to blame here exactly?

Investors should be blamed for their own foolishness, of course, but the person trying to deceive and manipulate others is wrong too.
It's not right someone who has more influence and capacity to abuse ignorant uneducated people to take advantage from them just because he can. That is what is wrong with this.

[RILWAN]

this two are just business men trying to make more profits from bitcoin and other alt coins, i dont really take Elon Musk too serious when it comes to cryptocurrency analysis and he does is to make tweets with the intent of manipulating market price.
so they meeting make no sense to me as it will not help the improvement of the bitcoin network

[pinggoki]

After what happened last March, people are quick to realize that Elon is not really a visionary and a supporter of bitcoin but another dime-a-dozen manipulator of the market. His pumping of last year, followed by the retraction of all bitcoin payments on Tesla Supercars plus the fact that they apparently sold bitcoins as well is enough of a proof for people to stop idolizing him. His talk with Jack Dorsey this month, if any, will have little impact with the current price of bitcoin and most of all the amount of people who support them. Hopefully however they come up to something good here that will at least be beneficial to the cryptocurrency community in the future.

this two are just business men trying to make more profits from bitcoin and other alt coins, i dont really take Elon Musk too serious when it comes to cryptocurrency analysis and he does is to make tweets with the intent of manipulating market price.
so they meeting make no sense to me as it will not help the improvement of the bitcoin network

We can pretty much label them as another whale manipulator, but I am for the lack of a better word, concerned about how this talk will go, Elon and Jack still have some following within this community and depending on how this discussion will go, we may see another change in the market price, then again something that I really look forward to is if they have plans in the future that will concern us bitcoin investors and enthusiasts.

[Wind_FURY]

Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.

What’s too late? Read all the posts in the topic. I believe NOT ONE of those posts are sympathetic towards Elon Musk after the trolling he did.

I also believe that Elon is still going through a Bitcoin journey of his own. He’ll be changing his own opinions as he does the work in researching different Bitcoin topics, especially technical and development topics.

[uneng]

Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.

What’s too late? Read all the posts in the topic. I believe NOT ONE of those posts are sympathetic towards Elon Musk after the trolling he did.

Do you think we could measure the influence Elon Musk has regards bitcoin by bitcointalk forum's posts? It's normal his influence will be near to zero on this forum, since it's a bitcoin community and anything or anyone harming it won't find any support here. But the crypto market goes much beyond bitcointalk forum and there are a lot of people who are, unfortunatelly, sympathetic to him.

I also believe that Elon is still going through a Bitcoin journey of his own. He’ll be changing his own opinions as he does the work in researching different Bitcoin topics, especially technical and development topics.

I think he had already a lot of informations about these topics before, otherwise he wouln't adopt bitcoin as payment method in Tesla at first point. His actions are more likely from a market speculator rather than a bitcoin apprentice.

[Wind_FURY]

Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.

What’s too late? Read all the posts in the topic. I believe NOT ONE of those posts are sympathetic towards Elon Musk after the trolling he did.

Do you think we could measure the influence Elon Musk has regards bitcoin by bitcointalk forum's posts? It's normal his influence will be near to zero on this forum, since it's a bitcoin community and anything or anyone harming it won't find any support here. But the crypto market goes much beyond bitcointalk forum and there are a lot of people who are, unfortunatelly, sympathetic to him.

No, but we could measure Elon Musk’s influence by watching what the other billionaires are doing. Did the other billionaires dump their Bitcoins because Elon Musk listened and tweeted FUD about Bitcoin?

I also believe that Elon is still going through a Bitcoin journey of his own. He’ll be changing his own opinions as he does the work in researching different Bitcoin topics, especially technical and development topics.

I think he had already a lot of informations about these topics before, otherwise he wouln't adopt bitcoin as payment method in Tesla at first point. His actions are more likely from a market speculator rather than a bitcoin apprentice.

Then he truly is in his own personal Bitcoin journey.

[jaminunit]

I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.

[Wind_FURY]

I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.

True, but their “star power”, and influence does not last. Elon Musk will be ignored, completely like Roger Ver before him, or maybe Michael Saylor after him in the future. The only Bitcoin personalities that deserves a following, and be sympathetic to is the Core developers in my opinion.

[BuyingBitcoin]

I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.

True. Elon Musk and Jack Dorsey control the Bitcoin market with Twitter. If Twitter was deleted the next day, watch how different the market will be afterwards.

[ChaoChibai]

I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.

True. Elon Musk and Jack Dorsey control the Bitcoin market with Twitter. If Twitter was deleted the next day, watch how different the market will be afterwards.

In my opinion their tweets about bitcoin was such an annoying case. I don't even know why is exactly their motives behind their tweeted. But their tweets is out of our control, we just can control our response.
Also the market seems like always got an impacts because of their tweets.