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[AudraMiller]

Elon musk has without a doubt had a lot of influence when it comes to cryptocurrency market and for many they are thinking that this power that he has on the market has been used in terms of irresponsible manipulation of the market. Apart from dogecoin this happened with a recent coin that is known as CumRocket which increased by over 350% after Elon Musk tweeted about it.

This coin is a token that is used in the adult industry, and after tweeting about it, the price rose from 0.06 dollars to 0.28 dollars. What are your thoughts on this?

 

[Wisdom01]

Wow this shows how much influence he had on the market , but what i am hoping for is that he dont pump the coin now and stop or leave the coin after some time i think

 

[AudraMiller]

Wow this shows how much influence he had on the market , but what i am hoping for is that he dont pump the coin now and stop or leave the coin after some time i think

With such a small and unknown coin such as this one i don't see it being a long term investment. Personally i think that tweet could be geared towards a pump and dump charactersitic.

 

[Brain]

Elon musk has without a doubt had a lot of influence when it comes to cryptocurrency market and for many they are thinking that this power that he has on the market has been used in terms of irresponsible manipulation of the market. Apart from dogecoin this happened with a recent coin that is known as CumRocket which increased by over 350% after Elon Musk tweeted about it.

This coin is a token that is used in the adult industry, and after tweeting about it, the price rose from 0.06 dollars to 0.28 dollars. What are your thoughts on this?

Like seriously this was really a high increase and looks. So magical. Any coin tweeted by Elon musk jump price overnight.it shows the level of influence that Elon wield now

 

[Niftyicon]

It is quite weird that he picked this particular coin to tweet about because unless he keeps at it, it would just dump as fast as it pumped.

 

[Wisdom01]

With such a small and unknown coin such as this one i don't see it being a long term investment. Personally i think that tweet could be geared towards a pump and dump charactersitic.

Yeah that's what whales normally do they make use of the pump and dump strategy to get profit from investors and dump the coin the way they want

 

[AudraMiller]

Like seriously this was really a high increase and looks. So magical. Any coin tweeted by Elon musk jump price overnight.it shows the level of influence that Elon wield now

It does show his influence. From a coin that was not very well known or that i personally had never even heard off, the price jumped quite a bit with just a simple tweet.

 

[Wisdom01]

It is quite weird that he picked this particular coin to tweet about because unless he keeps at it, it would just dump as fast as it pumped.

That is it , i am suprise he picked the coin , he must have invested in the coin and obviously pump the coin to make gains ,because its really weird

 

[Damismiling]

This Man is just manipulating the whole crypto world, am so sure he has motives behind all this tweets, probably for personal gain. I just see him as a manipulator, no wonder anonymous is after him

 

[Amalive]

This Man is just manipulating the whole crypto world, am so sure he has motives behind all this tweets, probably for personal gain. I just see him as a manipulator, no wonder anonymous is after him

No doubt if the action this time just to get personal profits for his own pocket, as the others that I thought is the people behind those token have a deal with Elon to tweet something about them even though the probability of it kinda low but who knows if it's the truth

 

[Niftyicon]

That is it , i am suprise he picked the coin , he must have invested in the coin and obviously pump the coin to make gains ,because its really weird

I wonder what he is up to since he could take time to pump some random shitcoin. I was hoping he is taking to caution about manipulating the markets for whatever reasons, I guess he is not.

 

[Wisdom01]

Concerning Elon Musk doing it again to another cryptocurrency coin. Well, we all know that Elon Musk is a big whale in the world of cryptocurrency, we all see his impact on the coin called Doge. He is a determinant

I think when it comes to affecting the price of bitcoin positive ,it dosent reflect. But what majorly reflect is him affecting the price negatively and its disturbing

 

[AudraMiller]

That is it , i am suprise he picked the coin , he must have invested in the coin and obviously pump the coin to make gains ,because its really weird

If this is the case and people start to see this, then the weighting that his tweets have on other crypto coin markets like dogecoin and bitcoin will severly decrease.

 

[Wisdom01]

If this is the case and people start to see this, then the weighting that his tweets have on other crypto coin markets like dogecoin and bitcoin will severly decrease.

It would really decrease ,because he is doing it consistently till people get tired of his tweet and it start having major effect on the crypto market

 

[silentwatch]

Sometimes i think elon musk is the person behind the birth of this crypto currency. Some my friends even think that he migh be "the satoshi guy"
You know, the one that found bitcoin years ago.. Sometimes i want to believe that..

 

[AudraMiller]

It would really decrease ,because he is doing it consistently till people get tired of his tweet and it start having major effect on the crypto market

Exactly! It is important i think that public figures stick to supporting one coin so that their opinion on that coin has more weight to those that are following them.

 

[Wisdom01]

Sometimes i think elon musk is the person behind the birth of this crypto currency. Some my friends even think that he migh be "the satoshi guy"
You know, the one that found bitcoin years ago.. Sometimes i want to believe that..

Am not sure if he is the satoshi guy because if he is the one he would have reveal himself since from the onset , since all the tweet he have been posting

 

[BullyMaguire]

I don't know how crypto currency supporters still take elon musk seriously when it comes to his involvement to crypto.. he's just messing with people's money.. best thing to Avoid it is don't follow him

 

[Razor1911]

Elon musk has without a doubt had a lot of influence when it comes to cryptocurrency market and for many they are thinking that this power that he has on the market has been used in terms of irresponsible manipulation of the market. Apart from dogecoin this happened with a recent coin that is known as CumRocket which increased by over 350% after Elon Musk tweeted about it.

This coin is a token that is used in the adult industry, and after tweeting about it, the price rose from 0.06 dollars to 0.28 dollars. What are your thoughts on this?

Looks like he is here to alter the whole equation of the market. There are so many other fundamental coins available with better prospect, but a single tweet of his, has turned such adult coin to a real rocket. Though fundamentally there is nothing special in it.

 

[Wisdom01]

I don't know how crypto currency supporters still take elon musk seriously when it comes to his involvement to crypto.. he's just messing with people's money.. best thing to Avoid it is don't follow him

If the whales are into the market they are using this advantage to buy and sell and make more profit ,because anytime he tweet they pump and dump the coin