Post
Topic
Board Beginners & Help
Re: [General] Bitcoin Wallets - Which, what, why?
by
JayJuanGee
on 17/10/2021, 16:50:08 UTC
Elon musk remarkable influence to bitcoin,Altcoin,Is incredible..hope he does not post any negative tweet about bitcoin soon,can't afford to loose now..


You are delusional if you believe that Elon Musk's tweets or any other narrow and single factors have much if any directional impact on the BTC price, even if they might be used as excuses or exacerbating events, but they do not control the bitcoin price in any kind of meaningful way.

Let's take what you may well proclaim  to be your one example in May 2021. yes the BTC price corrected more than 50% in a short period of time (and stayed down for a few months).. but the BTC price had also gone up around 6.5x in the prior 7 months... so yes a correction was in the works.. whether Elon the dweeb contributing to exacerbating it or not, that dweeb did not cause the correction.