Bitcoin and crypto have a 'Elon Musk problem'

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When Elon Musk tweets, the crypto world listens. CNN’s Jon Sarlin explores the contradictions of crypto’s decentralized networks alongside the very central influence of one man.
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45 comments
  1. <Well I will also say this here… Talking from my own experience as a cryptocurrency trader mostly BITCOIN TRADING as the leading asset, so far I have come to realize that the crypto market is of two sides. As some people will hold and wait for bitcoin to skyrocket so they can sell-off, while others will wait for bitcoin to fall so they can buy at a cheaper rate. However, I see all this worries baseless if they can't yield good profits, my advice still stands on involving in day trading by finding an accurate strategy/daily signals in other to accumulate and grow a very strong portfolio. For me, it's been so successful for over 7 months because I was smart enough to find working daily signals which are being provided by a pro trader known as Mr. James Scott during the first 2 weeks I accumulated and grew my portfolio from 2btc to a total of 8.4btc which you will agree is a very good profit, James can be reach on ???????️? @grajamesscott

  2. Crypto is a far right machine now, like the rest of the stock market to make the rich richer by speculating off your hard earnings. Dump it all and boycott them to make them pay for people who will have to pay the price in the future through inflation, etc. Peter Schiff is a great voice, you should have him on more! He is good to throw these idiots out the window like in 07/ 08.

  3. I invested in Tesla back in 2013, I was very much a bear, My reasoning was simple: Tesla was trying to do what no American automaker has done so far: Develop and sell a mass-market electric vehicle. It was trying to do what no American company had done in nearly a century: Start up a new auto manufacturing business. To take it a step further, I bought 40 shares from Tesla miners, investing about $1,800 in total with part of the proceed from a 401(k) rollover. At the $908 per share price I sold at,that's a realized profit of $35,000! It may not be a life changing money, but it's an incredible return nonetheless,Now I am working with 3 asset Gold, Silver and Crypto all are good but crypto investment is the mother of them all, Crypto has followed this pattern for sometime now, it dips and gets everyone scared then after retesting an old resistance several times, we wake up one day to see it is bullish. This period is the perfect time to buy the dip and accumulate irrespective of the bulls being under pressure. Bitcoin moving up is inevitable and would see the price of bitcoin surpass it's all time highs. The reversal was imminent because obviously, the bitcoin market needed a correction to gather the right momentum to give the bulls more steam and this just make it the perfect time to invest and accumulate as much as possible. I'd strongly advice any newbie/traders to buy the dip for traders who are still wondering whether to enter the market or old time traders who are Holders to seek help from not just any trader but an established trading expert with at least 89% trade accuracy. I underwent a series of trading losses I'd best not talk about before I was introduced to trading analyst Expert Mrs Claudia Walter's . My contact with her has being the hallmark of this year for me,under her careful guide and her signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.2 btc to 4.6 btc in just 5 weeks. I will advice traders especially newbies to have an orientation of trading before they get involved in it. Expert Mrs Claudia Walter's makes you learn daily while you make profits with her signals.
    She can be contacted via WhatsApp + 1 7 3 7 2 8 3 3 7 6 2 for inquires into profitable trading strategy…

  4. Preying on the misunderstanding of crypto to scare investors. You should invest… Every cutting edge person including Jack Dorsey is buying crypto…Just deal with the volatility and accept that its going to be a journey and not a get rich quick scheme… Dont try and day trade…Just think of Bitcoin as land out in the country… Doesn’t matter the price. It’s still land and it will bring you prosperity in the future. It will teach you about money and finances. You’ll learn things you never thought you’d know.. You’ll start thinking of money in a different way. Take the risk!

  5. It is decentralized. Because of this manipulators need to use fame to influence it. But this is still better than our corrupt governments that just outright control it.

  6. <The cyrpto market has been unstable. People ask themselves if this is the right time to invest? before jumping into conclusion I think you should take a look at things first. Crypto analysts remain divided over the short and medium-term direction of the market, though major investors continue to buy the dip. There’s no any reason to panic, as long as you’ve investing responsibly. Investors who bought early are still in profit despite the recent price crash and they also earn by tradlng. I'm an investor and am winning by applying the same method in every trad e, you can also become a winner today. We should follow the way of earning more regardless of the current market (bulls or bears) which is tradlng. This is the best time to double down and buy more – buy the dip and trade. I have made over 16 btc profits not just by buying the dip but implementing tradess with signals supplied by Alex Becker. You can easily get to Alex on TEᒪEGᖇᗩᗰᗰ_as [ AlexBeckerTech1]..

  7. I don't agree with this narrative. Elon was a symptom of the market going to moon, not the diagnosis, the reason why it went there. Sure, it's obvious everyone knows his tweets had effects on the market, as with any influencer, and with any market really. Elon certainly brings legitimacy to the space but I don't think just because a bunch of WallStreetBets autists degened in on DOGE and pumped it like GME and AMC we should be praising him to high heavens. With the market downturn we can see his tweets and his comments on live appearances aren't pumping everything to the Moon anymore like they were just a couple months ago.

  8. I'm gonna keep my crypto. This attempt to scare middle classers out of the market so that the wealthy can corner it when digital currency becomes largely government-centric is noted.

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