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Author Topic: Will everyone still believe in Elon Musk?  (Read 1742 times)
Boov
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July 22, 2021, 12:46:28 PM
 #21

I think it is hypocritical to scold Musk when he criticizes Bitcoin, and to praise him when he is optimistic about Bitcoin. I think he should take his thoughts and concerns about Bitcoin seriously, because many outsiders have these ideas. But at the same time, people should ignore his flip-flops on Twitter or act like a child. Elon Musk is just a person like everyone else. Stop using Elon Musk as an argument for or against Bitcoin, but actually listen to what he has to say and think about whether you have the answer.

We are not hypocrites, we support Bitcoin. What do you think we are going to do?

With his hypocrisy many people have been brainwashed, he used his wealth to influence many people through negative and positive sides of bitcoin. Every time there's fud, his statements changes according to how btc price fluctuates. What's important to do today is, hodle and don't let anybody play tricks on us, regardless of their popularity.
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July 22, 2021, 12:48:13 PM
 #22

Actually I don't believe in Elon. But I only use the momentum elon. So when elon talks positively about bitcoin or doge. I immediately bought bitcoin because the elon effect could make the price of the coin go up. But after the price went up I immediately sold it.

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July 22, 2021, 01:13:45 PM
 #23

Normal people don't manipulate the market with his tweets and try to pump zero utility alts for personal benefits and wiping out billion dollars from the market.He first promoted Bitcoin and when profits were made then makes eco friendly statement and tell ill-effects of BTC to people as it all started after he made profit.He has made many people in debts who investigates their funds into such coins and now they all are blaming him.Regular person and influential person have big difference of social reach and he took that in his personal favor to create havoc in the market.So there is nothing wrong with all this?

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July 22, 2021, 01:43:16 PM
 #24

Actually I don't believe in Elon. But I only use the momentum elon. So when elon talks positively about bitcoin or doge. I immediately bought bitcoin because the elon effect could make the price of the coin go up. But after the price went up I immediately sold it.

This is how you take advantage of the situation whenever Elon is tweeting something about crypto. We can't do anything about his presence now in crypto market. Either you take advantage about his involvement or just ignore him. Because at the end of the day, you are the one responsible on your funds. So it is up to you how you will react on his tweets or announcements.
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July 22, 2021, 02:40:54 PM
 #25

Actually I don't believe in Elon. But I only use the momentum elon. So when elon talks positively about bitcoin or doge. I immediately bought bitcoin because the elon effect could make the price of the coin go up. But after the price went up I immediately sold it.
This means that you take advantage of this moment, from Elon Musk's tweet, it will produce two camps, namely the advantaged side and the disadvantaged side.
the person who benefits is the person who can take advantage of the moment like you and the person who loses is the person who is carried away by the FOMO tweet by Elon Musk
What is certain is that Elon is using his popularity to move the market and make big profits in a very short time

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July 22, 2021, 02:52:04 PM
 #26

I believe that Elon Musk had more power to influence the cryptocurrency market before. However after his comments were deemed negative towards bitcoin then the number of people who believe in him may have decreased so significantly that lately people are more likely to ignore him than believe. He is an investor and entrepreneur, and I think he really knows what he has to do to win his game while we don't have to believe in anything he does as much as we can.

@Joniboini, 60% may seem smaller if you look at how the market reacted after he announced Tesla was starting to accept bitcoin as a mean of payment and some of his tweets about doge.

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July 22, 2021, 02:59:53 PM
 #27

I think it is hypocritical to scold Musk when he criticizes Bitcoin, and to praise him when he is optimistic about Bitcoin. I think he should take his thoughts and concerns about Bitcoin seriously, because many outsiders have these ideas. But at the same time, people should ignore his flip-flops on Twitter or act like a child. Elon Musk is just a person like everyone else. Stop using Elon Musk as an argument for or against Bitcoin, but actually listen to what he has to say and think about whether you have the answer.

We are not hypocrites, we support Bitcoin. What do you think we are going to do?
Just with the fact that he is obviously not taking cryotocurrency seriously, we have all the reason already to stop believing in him. If it is only about real life business matters, maybe we can rely to what he will be saying since he was able to become one of the top billionaires at the present. Hence, if it is about crypto, there are more reliable and experienced huge individuals we can depend on rather than listening to his shallow concerns about crypto. It would be best if you would find other individuals to listen to than to just stick on Elon Musk just because he has a lot of money and invested lots of it in crypto.
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July 22, 2021, 03:14:07 PM
 #28

I think it is hypocritical to scold Musk when he criticizes Bitcoin, and to praise him when he is optimistic about Bitcoin. I think he should take his thoughts and concerns about Bitcoin seriously, because many outsiders have these ideas. But at the same time, people should ignore his flip-flops on Twitter or act like a child. Elon Musk is just a person like everyone else. Stop using Elon Musk as an argument for or against Bitcoin, but actually listen to what he has to say and think about whether you have the answer.

We are not hypocrites, we support Bitcoin. What do you think we are going to do?

He did make some retarded moves in past regarding Dogecoin pump actions, the impacts of which are temporary but I'm sure DogeCoin will fall sooner or later and will not be a Bitcoin contender in long term, If much better to do self-analysis and due diligence rather than allowing people like Elon Musk to do that for you.

After watching the live broadcast, I feel that it's okay overall. I feel that Musk answered this question very clearly and gave me a reasonable answer. In fact, we can try to understand his concerns, but you hate Musk because he spreads false information.
https://www.youtube.com/watch?v=Zwx_7XAJ3p0

I watched 1/3 of this video and found Elon talking in favor of Bitcoin most of the time, and his tongue slipped and he laughed at ETH.
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July 22, 2021, 03:33:21 PM
 #29

I agree with your sentiment here.  I personally can't stand Elon Musk any longer.  I will admit that I was once a "fan boy" until he started bad mouthing bitcoin in an attempt of manipulation.  If it wasn't manipulation then he's simply an idiot to be investing 1 billion or whatever it was in bitcoin without knowing how it all truly worked.  I encourage everyone to watch this video about elon, and learn the truths about him and his past https://www.youtube.com/watch?v=c-FGwDDc-s8

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July 22, 2021, 03:41:09 PM
 #30

although there are so many people who are angry with what Elon Musk has done, but there are still many people who believe in him because he really can affect market prices in a short time, and what Elon Musk does besides playing market prices he also seeking popularity in supporting his big name to be known by many people, especially in the crypto world, and we hope he will no longer issue statements that can worsen market prices
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July 22, 2021, 04:05:47 PM
 #31

Not everyone hates Elon Musk yesterday Elon Musk acted to destroy the market I'm sure Elon Musk's actions must have a purpose, maybe right now many people don't believe in Elon anymore but I'm sure if Elon Musk tweeted today one of the coins then the price of the coin will go up even though not like yesterday's coin doge because Elon Musk has power and a lot of money so he can change the crypto market with the money he has.

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July 22, 2021, 04:13:53 PM
 #32

I’m just glad he didn’t start trolling, which could have led to a significant dump. He was fairly positive regarding bitcoin on the Zoom Call for The B Word & the price didn’t do that much either way. Possibly he’s losing his effect on the market which is a good thing.
Don't celebrate too early, because he has a long enough history of hyping, FUDding, pumping and dumping. He isn't losing power and influence, the same way other billionaires aren't going to lose it. Soon enough, I can already bet he's gonna FUD again. I called out his intention to go FOMO as soon as he posted that "Tesla is going to stop accepting BTC" tweet,  it was quite predictable..

His future actions are just as predictable, and the fact that you're excited about him not trolling anymore is in my opinion wrong because first of all we shouldn't have this kind of "fear" about the wealthy manipulating prices this easily, lol.
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July 22, 2021, 04:20:30 PM
 #33

Not everyone hates Elon Musk yesterday Elon Musk acted to destroy the market I'm sure Elon Musk's actions must have a purpose, maybe right now many people don't believe in Elon anymore but I'm sure if Elon Musk tweeted today one of the coins then the price of the coin will go up even though not like yesterday's coin doge because Elon Musk has power and a lot of money so he can change the crypto market with the money he has.

After those recent tweets in which he hyped some cryptocurrencies, Elon Musk is still influential. Because he is a celebrity and wealthy, most people are still looking up to him! People and investors, on the other hand, will be cautious this time. Elon's previous hype was to persuade those without knowledge to invest in that coin because he is so influential and idolized by the public. Now he is tweeting again, and hopefully those who follow him will do some research before jumping in because it involves money.
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July 22, 2021, 06:51:50 PM
 #34

I think it is hypocritical to scold Musk when he criticizes Bitcoin, and to praise him when he is optimistic about Bitcoin. I think he should take his thoughts and concerns about Bitcoin seriously, because many outsiders have these ideas. But at the same time, people should ignore his flip-flops on Twitter or act like a child. Elon Musk is just a person like everyone else. Stop using Elon Musk as an argument for or against Bitcoin, but actually listen to what he has to say and think about whether you have the answer.

We are not hypocrites, we support Bitcoin. What do you think we are going to do?
Elon can and will do whatever he wants, it is up to us to decide what we will do with what he does and the best approach is to do nothing, despite the fact people consider him a genius that does not mean that he knows everything and in several of this tweets we can see that his knowledge of bitcoin is limited at best, Saylor is way more knowledgeable than him and it shows on the interviews that Saylor gives, but as you say we need to think by ourselves and not follow someone else like it has happened to those that support dogecoin and other meme coins.
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July 22, 2021, 07:12:46 PM
 #35

I don't believe in Elon Musk to help this market reach a much better level. He's manipulated the market so much this far. But his power is weakening nowadays. For example, the meeting between Elon Musk and Jack Dorsey yesterday didn't affect the market much. This is a good sign for investors too. They can make their investments more comfortably now.

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July 22, 2021, 07:50:23 PM
 #36

I don't believe in Elon Musk to help this market reach a much better level. He's manipulated the market so much this far. But his power is weakening nowadays. For example, the meeting between Elon Musk and Jack Dorsey yesterday didn't affect the market much. This is a good sign for investors too. They can make their investments more comfortably now.
Maybe so far it's true that Elon Musk can't be trusted anymore and even other followers don't believe it because of his actions that often manipulate the market, which previously became hot news among the crypto community, so it's impossible for Elon Musk and Jack Dorsey to have a big influence. the impression is that it's just ordinary talk that can't affect the market price so badly that even just a little bit of calm as usual still persists for the current market.

No wonder later there will be changes to the tweet, let's ignore it if they support bitcoin in the end it will defect again.

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July 22, 2021, 08:12:32 PM
 #37

It is not possible for everyone to believe whatsoever he has to say about bitcoin because we have different opinions about the subject of discussion. The fact is that there will be a percentage of people who are in for whatsoever he says, agree or disagree with some are neutral and some are always. The choice of believing him lies on each individual

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July 22, 2021, 08:21:57 PM
 #38

Personally I don't follow all the news from him. I think people are losing their trust on Elon Musk. Everything should have limitation but trying to pump a particular coin isn't a good trend all the time.
And now he's trying to regain it. I guess he understands the situation and it's part of his plan to anger the bitcoin community and lose the trust on him. With the most recent words he said that time might come again and Tesla probably going to accept bitcoin again.
He wants to succeed bitcoin and he holds it together with his companies. Those are the nicest words we hear from someone who made an issue towards renewable/clean energy about mining bitcoin.

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July 22, 2021, 08:45:55 PM
 #39

I think it is hypocritical to scold Musk when he criticizes Bitcoin, and to praise him when he is optimistic about Bitcoin. I think he should take his thoughts and concerns about Bitcoin seriously, because many outsiders have these ideas. But at the same time, people should ignore his flip-flops on Twitter or act like a child. Elon Musk is just a person like everyone else. Stop using Elon Musk as an argument for or against Bitcoin, but actually listen to what he has to say and think about whether you have the answer.

We are not hypocrites, we support Bitcoin. What do you think we are going to do?

New thing that could potentially affect Bitcoin market: https://twitter.com/binance/status/1417923873711038473/photo/1

Anything could really be a trigger out even with this very basic principle even though they are not really elaborating that much but with those hints then the community arent that blind for it not to notice.

Elon might had that bad reputation but still people would not really be that dumb on not to follow anytime there some fundamentals which there would be no exclusion no matter how
they do hate it.

R


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July 22, 2021, 09:01:06 PM
 #40

It is not possible for everyone to believe whatsoever he has to say about bitcoin because we have different opinions about the subject of discussion. The fact is that there will be a percentage of people who are in for whatsoever he says, agree or disagree with some are neutral and some are always. The choice of believing him lies on each individual
There's no wrong if one believes in Elon because we have our own choice and beliefs. And if you agree with the thoughts of Elon, then its your choice to follow him.

For me, i chose not to believe with Elon anymore because i think he is just taking advantage on the crypto market making himself very selfish just for financial gains. He's more of a kid playing with bitcoin and once he finds another toy, he will leave it dumping making all other investors to feel worried about.

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