Post
Topic
Board Altcoin Discussion
Re: Elon tweet again that he is supporting Crypto against Fiat
by
Bollexz1
on 14/07/2021, 12:05:09 UTC
Here we go again after his tweet that contribute to the market dip he is at it again and now he is tweeting

Musk Tweets He Supports Crypto in Battle Against Fiat Currencies

Quote
The true battle is between fiat & crypto. On balance, I support the latter.
Do you think he is trying to rally the market after the dip and will this stop the continuous drop in the market.

Absolutely yes, but unfortunately for him such bad influence he once had in the market won't just flipped back and turn to a good influence for the market.

And I think he wanted to purchase Bitcoin in bulks back then, so he needed the value to drop to enable him buy x2 of what he might have gotten.

So literally, I don't think his single tweet about BTC will influence or have either good or bad influence on the market any longer.