Investors are tired to Elon Musk tweets and they want him to stop tweeting about Crypto

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In the recent week, we have seen the major price downfall of Bitcoin and almost all crypto currencies.
Elon Musk is the known culprit for that. People are furious on him as they want him to stop tweeting about crypto and instead focus on making cars.

My concern is that when crypto currencies are called decentralised, why is one man carrying prices of all cryptos. Why is the market listening to it?
Now I understand that crypto is way beyond supply and demand and main driver is the market.

Lets see where the next prices go!

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This is funny in my opinion. Everyone loved it when Elon bought Bitcoin and promoted it and other tokens but now are cracking it at him exiting.

Everyone is investing in their own way and Elon is doing the same as everyone else but has more cash to do it with so his impacts are more widely felt.

I think Elon will take bitcoin to a whole new world and todays gripes will be forgotton.


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Yes you are right.
I even think that crashing Bitcoin is his strategy maybe to invest more in it. 😁😁😁
BTW Thanks for the comment. I appreciate that.

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With time I think people would stop listening to Elon Musk and his influence will dwindle. But in the meantime he's rich and has a wide audience so a lot of people listen to what he says and react accordingly.


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