Elon and and how this "dude" could effect bitcoin in the future?

[Mr.sprin]

what we know Elon Musk is a big whale, I agree that Elon Musk can influence bitcoin in the future, because Elon Musk holds a lot of bitcoins, can you imagine if Elon Musk let go of all bitcoins? Of course the price of bitcoin will go down.

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[bitzizzix]

Because he is one of the richest people in the world and who likes anti-mainstream activities and is also a big person who makes many people follow in his footsteps.
and he is content with making huge profits for fooling and manipulating the market some bitcoin investors

Bitcoin is a zero sum game, there is a profit or loss, and if you make a profit, it means that someone else or a group of people is losing. Well, Elon Musk is the lucky bunch.
but I think now there are many smart investors who already know the character of Elon Musk and whatever he does will still affect the most important thing we can do it at the right time.

[Beparanf]

Freedom of speech is what’s Elon main goal when he purchased this giant social media company. This is a very powerful in terms of awareness. There will be no censorship and other shit to manipulate mainstream media. This will benefit Bitcoin the most because there will be no risk anymore of banning all the tweets about crypto as well as the advertisement. There will be more utility of Bitcoin on twitter that we can expect in the future. Elon is the real hero of crypto. He starts this bull run and craze when crypto is dying during pandemic.

[worle1bm]

I think we should not be whole and solely concerned to this topic only as I have seen lot of threads on this topic of Elon buying Twitter but as bitcoin community we should be more focused on specific talks and if he have some step towards btc on the Twitter.There are lot of multi bagger deals and the shareholders seek profit in the deal so they made the decision but will see how things goes on in future.

[davis196]

The adoption of dogecoin by Twitter wouldn't affect Bitcoin in any way.
Elon Musk doesn't have major influence over the BTC price right now.Manipulating the market prices of financial assets by spreading rumors,gossips and even personal opinions(if we are talking about Elon Musk) is supposed to be illegal.Elon Musk stopped joking with Bitcoin in the last few months and even if he trolls Bitcoin again,the BTC community wouldn't take him seriously.
The deal of Musk acquiring Twitter isn't finished and it might be denied by the US authorities,so let's not pretend that Musk is the new owner of Twitter.

[lornadane]

Iya apa yang anda katakan itu bener sebahagian dari mereka masih memikirkan kalou Elon musk masih mampu mempengaruhi harga pasar bitcoin karena menglihat dulu dia mampu mengubah harga Dogecoin hanya dengan tweet twitternya.
Tapi sekarang dia sudah tidak berdaya lagi jadi kita jangan  terkecoh sama apa yang di isukan lagi tentang Elon musk ya kan gaes.

The adoption of dogecoin by Twitter wouldn't affect Bitcoin in any way.
Elon Musk doesn't have major influence over the BTC price right now.Manipulating the market prices of financial assets by spreading rumors,gossips and even personal opinions(if we are talking about Elon Musk) is supposed to be illegal.Elon Musk stopped joking with Bitcoin in the last few months and even if he trolls Bitcoin again,the BTC community wouldn't take him seriously.
The deal of Musk acquiring Twitter isn't finished and it might be denied by the US authorities,so let's not pretend that Musk is the new owner of Twitter.

Yes what you said is true some of them still think that Elon Musk is still able to influence the bitcoin market price because he saw that he was able to change the price of Dogecoin just by tweeting his twitter.
But now he's helpless so let's not be fooled by what's being said about Elon Musk again right guys.

[Ahli38]

there was a time when Elon was very influential in bitcoin. but I think now is not the time anymore. maybe for doge it is still influential because we saw yesterday the price of doge went up drastically with the influence of elon. but we also see that for bitcoin, the effect is not too obvious.

but it is undeniable that Elon one day made big news about bitcoin. then the price will definitely follow in the direction of what action Elon will make later. As we know Twitter is a big social media. with twitter in hand I think Elon can be more flexible.

[yazher]

I think he will gonna use his authority to further promote whatever cryptocurrencies he like because he has now full access to which coins he wants to promote every day on Twitter and he also has the access to stop any promotion that hasn't paid anything to him. Looks like it will gonna be the best for Bitcoin wants he to start tweeting another good and positive twee about it but surely along with Dogecoin since he won't gonna stop promoting it until it reaches the price he speculated these few years.

[KaliLinux]

Let if adopts "doge" as some kind of default crypto currency for Twitter it will be huge move and might effect bitcoin bigtime.

Why is this even a concern? did Elon Musk adopt Dogecoin for direct tesla buy apart from Mech? and what effect did that even create for Dogecoin? I couldn't help to notice the little spike in the price of Dogecoin after the tweeter news but we are back although that might actually make an impact on the price but, I don't see that move yet.

[Jawhead999]

Non sense, there's no relations between Elon and Bitcoin or Doge and Bitcoin.

He's just a billionaire and actually no one should trust his tweet, I wonder why many newbies are so serious with his jokes. He can tweet anything he like and he can change it whenever he like.

Doge is just a meme coin and the developer already abandon their project, probably they could comeback... but I don't see any development that they need to improve since Doge doesn't have any utility.

[virtualdn]

If anybody thinks Elon will give you free speech keep dreaming. This guy is someone to avoid and I wouldn't trust him for 5 minutes. But people are like sheep what do you expect.

He will show his true face sooner or later, might be too late for some. He turned Dogecoin to garbage coin now he will do with Twitter the same thing. Never trust a billionaire buying toys for his own pleasure.

[sunsilk]

He can shill all the time Dogecoin.

This is possible and we hope that it won't happen.

But if he accepts Bitcoin as a payment in having crypto ads on that platform, that would have an effect on Bitcoin in the future.  But this dude is pretty smart, we don't know what his next month and we can't predict it.  Let's see what will happen next.

For him, just free speech.
https://twitter.com/elonmusk/status/1519036983137509376

Well, let's just think that in all of the possibilities there will be moments that he might do it.

About acceptance of bitcoin as payment for the ads inside Twitter, we don't know what's on his head and he's just all for the free speech. And hopefully, that free speech won't be abused.

Because it's likely that some huge influencers are going to backlash bitcoin once again for their own gain.

[mr.vivalavida]

Bitcoin is being more adopted worldwide everyday, this means that the price is less volatile each day and is more difficult to someone affect the price of bitcoin and I think that he won´t affect the price of bitcoin whatever he says. In the long run definitely nobody will affect the price of bitcoin just for sharing some thoughts on twitter.

What I like in bitcoin is that you can have all the money in the world, be a billionaire and you simply can´t control the network. You have the same power of someone that have 1000$ in bitcoin. Obviously you can sell large amounts of bitcoin and affect the price, but I think that this already have not a big effect in the price anymore because whales buy and sell large amounts of bitcoin everyday.

Individuals with very different net worths have the same power, are equal in the bitcoin network. This is freedom. This is bitcoin.

[Leviathan.007]

We cannot have an exact prediction about the future of bitcoin and cryptocurrencies to say how would Elon affect bitcoin and this market, but from what we know current and what we can say he is interested in dogecoin and as he gets some economic success he dogecoin price usually rise and increases, but in the same time because of sopping acceptance of bitcoin by tesla, bitcoiners cannot trust this dude, for example after being twitter many people are thinking about Twitter accepting cryptocurrencies for Twitter ads but from what we saw from this company Tesla, I'm not really positive about hs effects on the market.

[Pesona1]

You will agree Elon has really inspired many people to bitcoin his pro or against bitcoin tweet directly reflect the red and green candles on bitcoin charts.

With owning this huge platform of Twitter he can either break it or make it. I think.

Let if adopts "doge" as some kind of default crypto currency for Twitter it will be huge move and might effect bitcoin bigtime.

Or let say if come to sense and realizes the truth and embrace bitcoin I can't imagine how huge the green candle will be.

I also doubt if Elon Musk will be able to keep twitter still transparent after he buys it, it's hard to predict what Elon Musk will do to Twitter in the future but I think Twitter will be a platform that might only be used to increase the electability of his other companies, as a businessman of course Elon Musk has ulterior motives in every step he takes and I think twitter is going to be very bad in the future once Elon Musk has it under control now.

[AakZaki]

what we know Elon Musk is a big whale, I agree that Elon Musk can influence bitcoin in the future, because Elon Musk holds a lot of bitcoins, can you imagine if Elon Musk let go of all bitcoins? Of course the price of bitcoin will go down.

Do you know how many Bitcoins Elon has? Is it greater than the number of Microstrategy?  I once read if he only has 0.25BTC in his personal wallet. As for Tesla, I know tesla has about $1.5 billion in bitcoin. They use as an income strategy and payment alternative. So far, there has been no official statement from Elon. Although the value is down but I think the market will make a recovery, this is because many people believe the future of Bitcoin is very good.

[justdimin]

I think he will gonna use his authority to further promote whatever cryptocurrencies he like because he has now full access to which coins he wants to promote every day on Twitter and he also has the access to stop any promotion that hasn't paid anything to him. Looks like it will gonna be the best for Bitcoin wants he to start tweeting another good and positive twee about it but surely along with Dogecoin since he won't gonna stop promoting it until it reaches the price he speculated these few years.

We still need to realize that regulations of stock market is real and SEC could file charges against him. If he promotes crypto and he gains from it personally, he would be facing charges, so he could technically still do it, but not via any of his companies, so if Tesla buys bitcoin and then Elon promotes bitcoin that will be conflict of interest.

Not saying that he can't, there could be some legal loopholes found, but using your own company to promote something your other company bought will become a bit of an issue in the long run. This is mainly due to the fact that he would be causing a lot of people to invest their money into something, and probably causing them to lose money.

[Oilacris]

I think he will gonna use his authority to further promote whatever cryptocurrencies he like because he has now full access to which coins he wants to promote every day on Twitter and he also has the access to stop any promotion that hasn't paid anything to him. Looks like it will gonna be the best for Bitcoin wants he to start tweeting another good and positive twee about it but surely along with Dogecoin since he won't gonna stop promoting it until it reaches the price he speculated these few years.

We still need to realize that regulations of stock market is real and SEC could file charges against him. If he promotes crypto and he gains from it personally, he would be facing charges, so he could technically still do it, but not via any of his companies, so if Tesla buys bitcoin and then Elon promotes bitcoin that will be conflict of interest.

Not saying that he can't, there could be some legal loopholes found, but using your own company to promote something your other company bought will become a bit of an issue in the long run. This is mainly due to the fact that he would be causing a lot of people to invest their money into something, and probably causing them to lose money.

For sure he's much aware on how thing goes when it comes to legality and aware on how violations do work and where it would be possibly be applied thats why its impossible for him not to know

about these things and as a billionaire then he would definitely do things on what he do likes but of course it would be on legal or ethical manner.Lots might have that kind of impression on which
he's really that do love manipulative kind of acts.

Somehow we do know that crypto community wont really be that dumb on following whenever there are some potential shills came out from his mouth.

[Cookdata]

No wonder doge token was shaking the Coingecko whales to push the price minutes after it was announced that Elon has successfully purchased Twitter and have become a private own company.
Bitcoin is more than the way you all see bitcoin and this Elon musk thing, the highest application of Bitcoin I can't wait to see on Twitter is an inbuilt lightening network, also may be settlement of ads with bitcoin which of course will be achiveable with the help of lightening network.
Let's look bitcoin beyond Elon, if I can remember around 2020, nobody was talking about Elon success not until the Tesla stock skyrocket. He has done good job to influence lots of people but let's built this place in a decentralized manner that even the day Elon get replacement as the richest man, bitcoin will continue to be bitcoin.

[darkangel11]

Elon has much less influence over bitcoin than in the past. His tweets used to change a lot for price but people got burned after he pumped and dumped bitcoin last year and they started to care less about his strange tweets. It was all about manipulating bitcoin and having fun while doing it. Once he got people to buy and dumped his coins on their heads he started to talk shit about the community. I doubt he'll buy bitcoin again after the wave of hate he received for pumping and dumping.