Quote from: ConnerDalfino on Today at 06:50:16 AM

Also, every newbie who comes along because of Elon has a chance to evolve into a lifelong holder. In the short term, it can be annoying but in the long term, it'll strengthen bitcoin.

I like that part of your post that I bolded. Every newbie who gets inspired by Musk to purchase his first coins might like his new financial independence and decide to hang on to it and get more involved in crypto. People like Musk are manipulators. As soon as people understand that they are using you as a tool to increase their own wealth, you will understand why my statement is true. They need you and the masses to buy, so that they can sell. When you sell due to short-term losses, they will use the profits from their previous cycles to buy back your coins.

Look at John McAfee for example. People were hailing him as a crypto mastermind whose goal was to help the regular Joe earn a living with ICOs. Turns out, he was paid by those same ICOs he was shilling to bring them closer to the general public. Manipulation of the masses.