Tuesday, October 8

Elon Musk plays with the price of cryptocurrencies again


Millionaire Elon Musk is sent to “stay in space” to stop disrupting the cryptocurrency market with his comments

Elon Musk vuelve a jugar con el precio de las criptomonedas
Elon Musk plays with his insinuations about cryptocurrencies again.

Photo: Britta Pedersen-Pool / Getty Images

Alexa Liendo

The CEO of Tesla electric cars, Elon Musk, again plays with his innuendo on what you think or are going to do around cryptocurrencies, and of course the prices moved. This time he tweeted a meme that refers to the breakup of a couple and added to his tweet the icon of Bitcoin and a broken heart.

17

# Bitcoin 💔 pic.twitter.com/lNnEfMdtJf

– Elon Musk (@elonmusk) June 4, 2021

This post was yesterday Thursday night, and today Friday In the morning hours, the cryptocurrency movement table was seen in real time and in red. 60 Nothing more in the first hours of the day, bitcoin was trading below the 36, 000, a decline of 8% with respect to the price of the previous day.

Throughout the day, some cryptocurrencies have been recovering, even bitcoin is already back in the 37, , but they are still in red . Of course, the hundreds of comments on how Musk can alter prices with just one tweet were not expected. But the truth is that everything is part of the volatility of this virtual money.

Then Elon Musk also tweeted the names of three countries, whose initials make the word CUM, or that was what some in “twitterland” deciphered, assuming that now their goal was to boost the crypto Cumrocket. Reason why it had a promotion of a 25% after your encrypted tweets.

Canada

USES

Mexico

– Elon Musk (@elonmusk) June 4, 2021

This is not the first time As we well know, the CEO of Tesla shakes the crypto market with nothing more than a suggestive tweet, sometimes without saying anything concrete. 100 He had at least two weeks without being very active and direct in his comments with any cryptocurrency. The previous one was in mid-May, when many believed that he was hinting at the sale of bitcoins, and then he himself denied it, but managed to throw the listed bitcoin off the cliff.

Whether true or not his insinuations, many adepts and followers of cryptocurrencies begin to stress every time Musk posts something on his networks, about it, just yesterday, the player of the American National Football League, Russell Okung, asked him, also on twitter “to stay in space” . Obviously many prefer that you not make your crypto comments public.

Too much misinformation spreading around # bitcoin . Check out https: // t. co / JnlP 339 hE0 for the facts! pic.twitter.com/uJjVUil 37 to

– Okung 💯 (@RussellOkung) June 4, 2021

In the end, although it is explicitly true that Elon Musk has a constant behavior to manipulate the price of some crypto assets, all he lets know is that it seems that he thinks very well of his strategic posts before launching them. Also, the crypto community gives it sufficient importance for it to collapse or trigger certain cryptocurrencies and obviously the market is volatile.

Meanwhile, this weekend is celebrated the largest meeting of financiers and specialists in cryptocurrencies, in the city of Miami, the conference “Bitcoin 2021 ”. For the same, the visit of some 50, people who will attend the event, which will take place at the Mana Convention Center, located in the artistic Wynwood neighborhood of Miami, which further consolidates to this city as an important technological and financial center in recent years.