Quote from: wahyu wida on June 01, 2021, 02:24:22 PM

Quote from: bryant.coleman on May 31, 2021, 11:50:23 AM

Quote from: bengsabeng on May 30, 2021, 03:36:17 PM

Quote from: PonZZ on May 30, 2021, 10:34:47 AM

I think Elon is manipulation our attention. He is Twitter influencer, not a crypto expert.

It is true. he has the expertise to manipulate our minds (perhaps more precisely his followers) with just a few posts on twitter. in the crypto world don't trust anyone easily and don't easily believe any news!

Even his followers don't take him seriously anymore and that is clear from the market reaction to his latest tweets. He has flip-flopped on his positions too frequently and that has made him a laughing stock. Once he held much influence in the cryptocurrency market and that influence has now evaporated thanks to his own reckless actions. And IMO, that is good for the health of the cryptocurrency market. Bitcoin prices should not go up or down by 30% in a single day, because some crazy guy is having verbal diarrhoea in Twitter.

I don't know if it's true or not, but with Ellon's statement in his tweet, it can influence market behavior. to statements that go back and forth to confuse crypto traders, but for those who know about it, with a significant movement of course it can be used by day traders to make as much profit as possible, unfortunately not many traders like that

If they are right in the arguments, although Elon Musk is not an expert in crypto or BTC, he has the money to make the market move, he is also an influencer and this helps him move masses, now if at this time he reaches make a tweet where I do more FUD to Bitcoin I do not think that BTC drops that much, because simply in the crypto world it has lost credibility.

When he FUDed Bitcoin, he not only caused the market to crash, but also his favorite currency, Doge, also suffered a terrible crash, and it is very difficult for it to rise in price, however the bulls are making a great effort to maintain the price at an acceptable level.