Quote from: Abiky on March 15, 2022, 05:33:38 PM

Quote from: virasog on March 14, 2022, 06:46:13 AM

Elon Musk won't sell his bitcoins, he tweeted this and we see no big movement in the market. There was a time when his tweets had big effects on the market. This guy is losing his value by promoting Dogecoin.

Of course he won't sell his Bitcoin (even though he criticized Bitcoin's high-energy consumption). He's not that stupid. I think he will try to "pump" Bitcoin's price over Twitter just like he did with Dogecoin since the beginning of 2021. But his efforts will ultimately fail as people are already sick and tired of him.

To say the least, Elon Musk is just "a needle in a haystack". There are greater "forces" on the market which greatly determine Bitcoin's price. It doesn't really matter what one person says or thinks about Bitcoin, since crypto/Blockchain tech is all about decentralization. Elon Musk, just like all the other whales, are holding Bitcoin with the hopes of becoming richer in the long term. Nothing new to see here really. I'd say we should focus on what matters most which is financial inclusion to anyone, anywhere in the world. As long as Bitcoin fulfills its purpose, nothing else matters. Just my opinion

Elon will not influence the market anymore. If he don't want to sell his bitcoin, maybe he's also waiting just like us for bitcoin price to reach its new heights. He knows the value of bitcoin more than dogecoin that's why he is hodling it till now. But who really cares about Elon? Bitcoin will continue to pump even without his tweet. People have learned already and won't ever trust again on big whales like him.