Post
Topic
Board Bitcoin Discussion
Re: Elon Musk is one of the keys to be 100k$ per Bitcoin?
by
Mauser
on 17/10/2022, 09:18:32 UTC

Do you think Elon Musk is one of those who will push the price of bitcoin up to reach 100k$ each when the bull run comes?


We all know about the power of Elon Musk in the crypto community, one positive or negative tweet from him can send a coin flying. Personally I think he has too much power and I didn't like what he did with tesla any bitcoins, first accepting 1 btc for one car and then stopping with bitcoins all together. One person alone shouldn't be able to influence market so strongly. I really hope that the crypto investors became more autonomous and don't follow every word Elon Musk tweets. It's only a matter of time for bitcoins to break the 100,000 USD level, but I hope it's not due to Elon Musk pushing bitcoins. Because if we be changes his mind than he could send the price back down very quickly again. Hopefully long term we will reach a more stable price for bitcoins that is not going to fall largely because one person is selling a large position.