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[AudraMiller]

A recent bitcoin event that took place yesterday saw Jack Dorsey and Elon Musk both speaking at this event in which they spoke about bitcoin and the cryptocurrency world in its entirety. And once again, these two have shown us how influential they are and how easily influence the cryptocurrency market can be as well. After their respective talks at the bitcoin event there was a massive rise in bitcoin prices, with the price of bitcoin rising by over three thousand dollars in the few hours after this online talk. This is a weekly high price for bitcoin, after dropping down below the 30k USD region earlier this week. Do you think that more events of this nature can help bitcoin price to recover faster?

 

[Josemendez]

Their opinion in the live YouTube chat was in favor of bitcoin and thus we may likely see a new era in the price of bitcoin in coming weeks.

 

[SCAMEXPOSER]

Honestly ELON MUSK especially is a block in the cryptocurrency market, I am very optimistic that bitcoin could reach $40,000 if he begin to accept it again.

 

[Tomitomato]

Of course they are influential people and whatever they say will influence the price of Bitcoin. Although Bitcoin dropped before, I'm positive it will rise more in the future.

 

[SCAMEXPOSER]

Of course they are influential people and whatever they say will influence the price of Bitcoin. Although Bitcoin dropped before, I'm positive it will rise more in the future.

For sure if Musk alone reconsider bitcoin the price will increase, the interest of Jack Dorsey is also a big factor to boost bitcoin price including other coins.

 

[omri1031]

Lets hope they will bump the price... still holding since the big drop

 

[SCAMEXPOSER]

Lets hope they will bump the price... still holding since the big drop

Be patient with the current situation, this people actually have the power to boost the price though not as fast as possible because they motivate people to Invest .

 

[Kelvin Mathias]

Musk also repeated his support for cryptocurrency in general, despite potential environmental risks involved in crypto exchange

 

[ElPaule]

A recent bitcoin event that took place yesterday saw Jack Dorsey and Elon Musk both speaking at this event in which they spoke about bitcoin and the cryptocurrency world in its entirety. And once again, these two have shown us how influential they are and how easily influence the cryptocurrency market can be as well. After their respective talks at the bitcoin event there was a massive rise in bitcoin prices, with the price of bitcoin rising by over three thousand dollars in the few hours after this online talk. This is a weekly high price for bitcoin, after dropping down below the 30k USD region earlier this week. Do you think that more events of this nature can help bitcoin price to recover faster?

I think it's a problem when two people can influence the price of multiple cryptocurrencies. I still hope that the price movement were a coorelation and not a causality.... but nothing would surprise me after the doge show of Musk

 

[SCAMEXPOSER]

People that has money and influence are the ones pushing the price of bitcoin and others and I guess this effect also happens in the stock market though may not be as volatile as cryptocurrency.

 

[Brain]

A recent bitcoin event that took place yesterday saw Jack Dorsey and Elon Musk both speaking at this event in which they spoke about bitcoin and the cryptocurrency world in its entirety. And once again, these two have shown us how influential they are and how easily influence the cryptocurrency market can be as well. After their respective talks at the bitcoin event there was a massive rise in bitcoin prices, with the price of bitcoin rising by over three thousand dollars in the few hours after this online talk. This is a weekly high price for bitcoin, after dropping down below the 30k USD region earlier this week. Do you think that more events of this nature can help bitcoin price to recover faster?

Of course this is why we do have influencers. The title isn't just for fun. It shows the level of influencing a thing to bring about positive change. So yeah they are good at it

 

[silentwatch]

I wonder why people always listen to musk?
Perhaps he is the satoshi behind thus crypto or maybe he has a lot of bitcoin.. When musk speak about any coin, then it will boost to the moon. Still wonder why??

 

[AudraMiller]

I wonder why people always listen to musk?
Perhaps he is the satoshi behind thus crypto or maybe he has a lot of bitcoin.. When musk speak about any coin, then it will boost to the moon. Still wonder why??

I think that people listen to him given his financial position in the world. In order to be considered one of the richest men in the world you have to have a certain degree of knowledge and success behind investments and this is probably what drives a lot of people to follow him.

 

[Wisdom01]

Hopes they conduct more of these event that could push up the price up again , because it impacted the price of Bitcoin up to this current price ratio and am glad Elon is supporting Bitcoin again

 

[gammarays]

I love what happened atleast there's light at the end of the tunnel for holders and investors. The good news is also felt by other altcoins and there's green everywhere. Hope this continues.

 

[AudraMiller]

Hopes they conduct more of these event that could push up the price up again , because it impacted the price of Bitcoin up to this current price ratio and am glad Elon is supporting Bitcoin again

I think that events of this nature will become more prominent and more public because cryptocurrency seems to be coming out of the shadows and into teh spotlight in many countries.

 

[BullyMaguire]

They are the ones to benefit a lot from raising the prices anyway and elon is planning on accepting Bitcoin for tesla again because he probably bought lots on dip

 

[Niftyicon]

The market needed a break from all the gloominess and those guys were able to achieve that. The next few days are quite crucial in determining if it is another bull run or a fake rally.

 

[Wisdom01]

I think that events of this nature will become more prominent and more public because cryptocurrency seems to be coming out of the shadows and into teh spotlight in many countries.

The government should also support the use of crypto currency atleast to crown the efforts of many who are conducting the events that could increase the price ,hopes more events are conducted

 

[AudraMiller]

The government should also support the use of crypto currency atleast to crown the efforts of many who are conducting the events that could increase the price ,hopes more events are conducted

I think that governments will be in support when they find a way to trace and regulate cryptocurrency usage. In my opinion their primary aim is to change it from a decentralized system to a centralized one that can be taxed.