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RE: stfu about elon musk: the manipulations haven't even started yet

in LeoFinance3 years ago

Totally agree... I saw a couple of tweets this morning along the lines of "Elon is destroying people's livelihoods..." and if anything it shows a massive lack of maturity in both the markets and the people in those markets. If your livelihood is tied to the price of one of the most volatile assets there is... you're doing it wrong.

Honestly, I'm still not really even sure if I consider crypto an asset yet... I have crypto and it has USD numbers tied to it but I don't take those numbers seriously at all... what I really want is to post on Hive and then somehow transform the rewards to groceries... that's what I'm waiting for.

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However, there's absolutely no need for him to make these tweets given that he knows these markets tend to respond to them. I think it's a lack of maturity on him (as one of the richest people in the world), to be foolishly posting memes and jokes about bitcoin.

(Oh, hey!)

Hey dude! So good to see you...

Totally... but I was thinking about this some more... maybe it's good? Maybe he's shaking out the people that have invested too much and can't handle the risk and volatility of the crypto markets. There's a lot of people in these markets that really shouldn't be here... not yet anyway.

I do agree with your point though, it's super crazy that any one person has really any sort of sway on a decentralized market... even if it might have just been a coincidence this time.