Bitcoin and crypto have a 'Elon Musk problem'

Bitcoin and crypto have a 'Elon Musk problem'

When Elon Musk tweets, the crypto world listens. CNN’s Jon Sarlin explores the contradictions of crypto’s decentralized networks alongside the very central …


Recommended For You

About the Author: CNN


  1. The fact that people think it's Elon Musk moving the market is hilarious to us professional traders.

    All these dips that people blame Elon for I literally posted weeks in advance. You can see all the proof on my Facebook trading page ChronicCrypto Trading.

    Elon doesn't move the market, us traders move the market. The only crypto Elon moves is the shitcoin doge. Every single prediction I made was way before Elon said anything and the moves happened exactly as I said.

  2. By the way, for some reason this quote comes to mind: 'First they ignore you, then they laugh at you, then they fight you, then you win'. CNN seems to be between second and third stage 😀

  3. Why do you think Bitcoin has lost 50% in value over two months? Its because there are far more sellers than buyers. So if everyone is HODL, diamond hands, bla bla bla and Musk et al are talking it up, who is selling? It’s the whales!

  4. <nice information . one of the best channel i now follow . I view cryptocurrency as one of the best digital investment and i totally love the technology when it comes to the largest crypto asset Bitcoin. As a trader, i have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides, though i am not kicking against, but i see it as an old and odd strategy to make profit of the market as when the market goes bearish investors/traders loses their investment which is always painful, when you can take advantage of the market by involving in day trading or copying trade alert from a professional trader that do get tips & understand the market and use strategy to generate signals daily to make profit to grow your portfolio as i have been doing with Brian Jung n for the past 5 weeks and i have been able to day trade to grow my initial 1 btc to 6.8 btc which you will rethink and see that trading is more better/profitable. Brian Jung is very accurate and always yields a great positive return on investment. He can be reach via tel,egram:* [@ topcryptotradingsignal ]for more insights. cheers

  5. So the point of this piece is? 1- When Elon Musk says anything about anything the world listens because he has millions of followers. 2- The crypto space is so new (and small) that the prices will be highly volatile for a few more years. Because of its size, not because it has a problem. Until mass adoption happens. Which is inevitable. Once you educate yourself enough (probably CNN not the best place to do it) you'll see it.

  6. Over the last few months ₿lTC0IN has been in a state of steady decline but that doesn'ƭ seem to scare away lnvestors who truly understand the potential of ₿lTC0IN and see the voIatiIity involved ωith the asseƭ as an advantage. Most newbie do not understand day tradn or they just simply go into the Crуρтσ worId ωith the mindset of hodlin their Ƈoins till there is a bull run before they can make prof!t and in some cases they get caught in a bear ʍarkeƭ forcing them to exit at a Ɩoss. If you are currently Ɩossing and ever need an experienced tradr that will show accurate TA then I will sujest Nathaniel Whittemore, an independent sƭraƭegisƭ that works ωith Ƈoin-desk and other leading Crуρтσ companies. I have been able to make 21ƁtƇ in just a year tradn ωith his s!gnal despite the up and down of the ʍarkeƭ. You can easily get him on TḙℓḙgԻᾰʍ ?NathanielWhittemore

  7. Pray nation states don’t collectively shut it down: as long a one or two countries allow it, there’s hope.

  8. people are dumb they think crypto currency is not centralized. crypto depends on government fiat money inorder to work. what do you spend to buy it? oh right real money unless you farm it with the proper equipment which cost thousands in real money.

  9. Crypto currencies are also a major environmental problem. They consume a ton of electricity do do a task that can be performed without using a ton of electricity. Banks keep track of money in a digital fashion just fine. With pollution and global warming becoming big issues, the timing is wrong for something like this.

  10. If you listen to Elon Musk for what to buy or influenced by others, then you have no idea about the fundamentals. Sounds like CNN have no idea about any of it

Comments are closed.