Post
Topic
Board Economics
Re: Elon Musk really has the ability to manipulate the bitcoin market
by
ven7net
on 28/06/2021, 13:13:48 UTC
Haha, just like I said in the previous post, Elon Musk really has the ability to manipulate the bitcoin market, just follow him at least for the moment. But this wouldn't last long; they started to hate him.
At least if you go short, you also have some money. In this market, the more you panic, the more you lose money.
https://medium.com/snapbots-news/snapbots-news-review-elon-musk-suggests-teslas-sale-of-bitcoin-market-drop-again-cb7078dc8f00

In general, I think that people like Elon Musk are needed to voice this or that information of major players. Elon Musk himself is more like the actor who plays the role. Indeed, after his statements about BTC, many realized that he was not an independent player and that it was not safe to believe his words. But as we can see, the stake is placed on media personalities, because they have a large number of followers who trust them and spread their information.