Quote from: bryant.coleman on May 30, 2021, 01:31:08 PM

Quote from: Silberman on May 26, 2021, 05:43:28 PM

This is the same that I have been thinking, Musk is doing exactly what McAfee was doing and we know that this is not a good path to take and yet he seems confident he can do whatever he wants and there are not going to be any repercussions for his actions, but I think he is feeling for the first time some pushback as he has been trying to backtrack his previous tweets and trying to make it seem as if he is still onboard of bitcoin when I doubt he is holding any bitcoin anymore.

Obviously when he changes his stance every week or so, the pushback will be there. A lot of people invested in Bitcoin, when Musk tweeted positively about it. And they suffered heavy losses when he bad mouthed BTC after a few weeks. Even then, many of his followers joined the Dogecoin pump and pushed that shitcoin to the top-5 list. And now it looks like he has again changed his stance. But this time, there was hardly any impact on the market. The writing on the wall is simple - no one takes Elon seriously now. He is too unstable.

What I find incredible is how those billionaires think they can get away with anything and suffer no repercussions because of it, maybe it is because so far that has been true and they believe this is going to still be the case, however while there are many newbies in this market there is also a great amount of people that are never going to forget what happened and if given the option will always select to not buy any of the products of Elon, which over the long term it will affect his company.