Quote from: nightrider on June 20, 2021, 11:37:04 PM

According to experts, Musk's influence on the cryptocurrency market is far from over as Bitcoin's fate is still tied to the Tesla CEO's tweet.

These experts are none but self-proclaimed idiots who believe that they know more than others. I don't know how suddenly everything has come on the shoulders of Tesla to carry bitcoins while everything was moving swiftly earlier without even the intervention of Tesla in the market of cryptocurrencies. I know if tesla accepts bitcoins surely it helps the price but it should not be visualized in a way that if Tesla doesn't accept Bitcoins, suddenly the market will close and bitcoins will due. The fate of bitcoins can never be decided by a single person or company. Banks failed to stop crypto so I don't have a reason to believe tesla can do that.

Yes Elon Musk has been able to manipulate the dogecoin market and up to an extent, even the bitcoin market, but if you dive deep and look out for the reason, it is us traders who follow him so blindly that whatever he says, we react exactly how he wants us to react.