Post
Topic
Board Altcoin Discussion
Re: Is Elon Musk manipulating the market?
by
bitterguy28
on 31/05/2021, 12:17:10 UTC
Elon Musk and China Both of them are tried their best to manipulate the Bitcoin market, But they failed miserably,


Well, I wouldn't say Musk failed miserably. We don't know how much bitcoin he bought before Tesla's investments became public. With his twitter posts, he obviously tried to drive bitcoin's price to even higher levels.
When bitcoin was on ATH, he could have comfortably dumped large amounts and now is filling his bags again with cheap coins.

We really don't know ,Elon is good on fooling people so we can't really find if he is not  serious about all His statement against bitcoin.
I think Elon Musk can possible manipulate crypto market, because many richman like Elon can invest in crypto and hodl them and also can manipulate the price. Elon Musk have big influence in crypto world, because anything he announce something happen in the market.
that means he is not the one who is manipulating market but he is one of them?