I don’t get the outrage on Twitter against Elon Musk when he tweets about Bitcoin and people dump, earlier this morning, Elon tweeted this for reasons best known to him.
And down came the price of Bitcoin.
And trust crypto Twitter, they camped under the tweet hurling insults and expressing their displeasure in multitudes, in my head I’m like,..,,,
,.....Why aren’t y’all blaming the people acting based on Elon’s tweet and dumping? Why can’t he or anyone, tweet what he wants? You know what Bitcoin doesn’t need? Bitcoin doesn’t need people who will say “how high” when Elon says jump.
Bitcoin needs to purge itself off these types of weak hands and minds, and for this I’m in total support of every FUD generated by Elon, if after all that’s happening with economies around the world and their financial systems, people still fail to recognize Bitcoin as the best/hedge against the crumbling system then yeah they probably deserve to be poor.
I certainly do not want to hedge the future of my finances in the same system with the group of people who will dump their holdings because of what one man is tweeting.
At the end of the day.....
It all goes to show how early we are in this space and how much education those that get it have to pass along to those who don’t..
Get with the program or have fun staying poor.
Thanks for reading.
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The basic technical analysis I did, reasonably concluded buying under $37,000 would be within a 5% margin based on a long period of daily weoghed averages.
I would suggest, it is probable Elon Musk can do university level math, entry level financial courses seeing as he manages a giant portfolio with a diverse set of assets, Bitcoin would be well suited for him.
The speculation beyond that is all heresy and a waste of time even reading or acknowledging imo.
Hopefully this Elon fanboyism dies, but as the saying goes, bad habits, die hard.
@phusionphil My dear they really die hard most especially when the bad habits have been in existence for so long.
Perhaps this explains it...we need more education, most people think it’s all about money go up, Bitcoin is more than that, understanding this first is key
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I feel those who blame Elon have not read anything and do not know the basics of investing and so they jump in when it's too high and get crushed by selling low because they don't know what bitcoin is bringing to the table.
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Yeah, hopefully more people will learn in time before they loose everything
Elon musk is the only the person to blame,but also the traders that sold into the market manipulation which may have been planned by people like elon musk
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Me neither. I find the whole thing quite entertaining and a good barometer of where we are with regard celebrity culture.
I wish it had dumped further so I could have bought a bit more but, fingers crossed, when America wakes up, it will! 😂
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It all just shows how early we are to all of this, the markets are bound to get stronger with more education and adoption, because this is not the type we want, we need diamond hands
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It's going to be a long old process I think. But then all revolutionary things take their time to be accepted so it's nothing new. 😊
!ENGAGE 20
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ENGAGEtokens.A lot of people are bashing bitcoin but still selling and giving in to the FUD anytime Elon tweets I guess these weak hands don't even know that he's got the right to tweet whatever he wants, he's just a sole human being.
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Bro is he’s a human being too, and people keep fueling his drama with their actions....d guy Dey catch cruise
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with a lot of influence
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I think pointing fingers at others comes naturally than curling towards yourself. We need someone to direct our anger and frustration at. We can't take responsibility for our own actions. And unfortunately Blockchain is all about crypto right now for most of the people.
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