Quote from: barbara44 on February 09, 2021, 07:00:52 PM

Quote from: leea-1334 on February 09, 2021, 02:45:41 PM

Quote from: longyenthanh on February 09, 2021, 04:14:36 AM

Elon Musk's investment accelerate bull market and now the prices of all altocins (at least those from the top100-top200) should start growing. Ethereum still has enormous potential (despite the fact that the amount of transaction fees blocks it strongly) so I am sure that Ethereum will follow the Bitcoin price and we will see new ATH every day.

He did not accelerate bull market, MicroStrategy did. Elon Musks's tweets are problematic to me because they cause his fanboys to pump.

Also,,, he cannot take full credit for Tesla decision as that is not his money AFAIK.

Agree however that ETH will benefit the most, apart from Bitcoin.

I do not think that microstrategy did as much impact on the price as Elon musk did. Microstrategy is good and all but we are talking about richest person on earth buying 1.5+ billion dollars worth bitcoin with his company. Could we say he can't take full responsibility for it? Sure why not, other board members had to agree as well but he is the biggest shareholder I think and he likes bitcoin and he talked about crypto a lot during the last week or so, which tells me maybe they bought a lot earlier than we heard about, then he tried to pump everything up a lot, and now Tesla is in big profit.

Before they talked about it, price was around 40k prices, now it is over 45k+ peaked at 47k+ price, those can't be coincidence. I do not like Elon neither, I think he is not a nice person and he acts like a goof to look cute but that just makes him look dangerous to me, but we have to accept that this newest bull run was all thanks to him.

I think he meant that Musk's tweets weren't without a reflection, they were an organized activity with an entire team of strategists and analysts behind. In my opinion, it is certain that Elon Musk did not write these tweets purely for a joke. The market's reaction to his "jokes" gave his analysts a lot of information. I think it was all very well planned so I agree that defining this as micro strategy is in point.