Elon Musk twitter update surged BTC

[Dowenship]

Bitcoin is now on its' way to 39,000 due to Elon Musk updating his twitter bio to #bitcoin. He has such a tremendous influence on the bitcoin people! I love it!

Yeah including doge coin, these are on the rise this period most especially. These are great investment to invest in.

Quote of the day:

Never give up, because the breakthrough is near. Keep pushing till you win

 

[DareIsrael]

Certain persons have influence in the financial market. Their association with anything financially can increase or decrease its value drastically. We are witness to how Elon musk made Bitcoin pumped few days back.

 

[ossai]

hello Max update has really touched bitcoin really increased the rate at which people invest in Bitcoin when somebody who is much influence our in the social media network you know everybody will want to go all and all to do business with such a person that has already or did his information about bitcoin and that would increase the income will talking about so

 

[Aliabid]

Bitcoin is now on its' way to 39,000 due to Elon Musk updating his twitter bio to #bitcoin. He has such a tremendous influence on the bitcoin people! I love it!

Twitter is one of mostly used social media where news and information breaks as fast as possible. I have seen a lot of business marketing campaigns carried out using the social media Twitter for marketing but I really haven't given it much thought about using Twitter for my business marketing because Facebook has been good for me so far and I'm not really that active on Twitter.

 

[Goodday]

Elon Musk is just too influencial especially when it comes to his tweets relating to crypto currencies. Around last year when he updated his bio to #dogecoin, the crypto currency surged by a good percentage. Just sometime ago when he tweeted about dogecoin again, the price rose to a height that we never expected and now another tweet brought about increase in bitcoin price again.

 

[Erik4150]

Elon Musk is a man with very big influence because he is one of the richest men in the world. Many investors and businesses owners look up to him for inspiration. So it is no surprise that his tweets could drive a surge in bitcoin price.

 

[Irfanali]



Elon Musk's decision to update his Twitter bio just to put it bluntly, "# bitcoin" has fueled cryptocurrency. Later, on January 29, Musk said in a tweet that "in terms of frustration, it was inevitable." In less than an hour of the Tesla Chief update, it reached close to $ 38,000, up from about 32 32,400.

 

[Victor72]

Yes it is true bitcoin has increased in the marketplace, elons effect on Bitcoin is no doubt a very good one, I see bitcoin going higher in the near future

 

[Nomad]

When Mr. Musk tweets, the price either goes up or goes down. Of late I am having an impression that Mr. Musk does not care about anything, he is just having fun.

 

[BrolySSJ]

Bitcoin is now on its' way to 39,000 due to Elon Musk updating his twitter bio to #bitcoin. He has such a tremendous influence on the bitcoin people! I love it!

I think that whilst at the time it was a good thing people are starting to realize that there is a lot of risk in a movement like this because it shows how much power he has over the market especially with how his tweet caused the market to crash and this can be quite worrying.

 

[Setfragil]

The influence on huge investors like Elon Musk on cryptocurrency cannot be overlooked. Elon Musk has a lot of followers who believes in their investment decisions which in turn brings in more investors for bitcoin.

 

[Sotherefore]

Elon musk will definitely use his influence to push the price of a particular cryptocurrency to an expected standard ,most cryptocurrencies will be pump because when he mentioned this it will definitely happen.

 

[Nomad]

Elon Must has invested heavily in Bitcoin, he has invested $1.5 billion in Bitcoin. His investment has grown rapidly, it is being said that he intends to use that money to fund a research

 

[ahmedo24]

Elon Must has invested heavily in Bitcoin, he has invested $1.5 billion in Bitcoin. His investment has grown rapidly, it is being said that he intends to use that money to fund a research

That will be a very good one from him and I hope he will consider his initial promise to accept Bitcoin for Tesla transactions from the intending buyers of his cars.

 

[Elfinito]

US former treasurer who is also a board member for ripple said sometime ago that ripple is the real crypto which is used for transaction while Bitcoin is for speculation.
Bitcoin mostly gain and lose when big individuals make some speculation on it

 

[ahmedo24]

US former treasurer who is also a board member for ripple said sometime ago that ripple is the real crypto which is used for transaction while Bitcoin is for speculation.
Bitcoin mostly gain and lose when big individuals make some speculation on it

Personally I believe that they are both speculative assets though ripple seem to have some similarities to fiat currencies despite it also volatile

 

[Thinker009]

Elon musk still have a major infulence in the price of cryptocurrency ,with the way the price keeps rising I think investors that invested earlier would be able to make more gains from the market too.

 

[HayKay]

Of course he's a whale that's why any small movements from him or men like him would affect the market and the price of the coin.
That's why he's so followed on Twitter and people keep taking the decisions he take.

 

[Justin]

I am always surprised when people follow Elon Musk's tweet. He is not a crypto expert, he is just a simple investor, why people are following his advice or taking a cue from him?