Post
Topic
Board Economics
Re: Elon Musk really has the ability to manipulate the bitcoin market
by
quocsi
on 19/05/2021, 22:52:00 UTC
Right. Elon Musk is a bitcoin billionaire. Elon Musk has proven he has a lot of power with cryptocurrency. Every statement or tweet of this tech billionaire can 'turn the destiny' of digital currencies, making investors constantly heartbroken.
  Elon Musk has manipulated the bitcoin market. He can make bitcoin go round and round. He is the king of bitcoin. The proof is that when Tesla announced to accept payments in Bitcoin a few months ago, the price of this cryptocurrency immediately increased by 10%. When Musk reversed this, the price of Bitcoin immediately fell at the same rate.