Alibaba and the Forty Thieves” is a folk tale added to the One Thousand and One Nights in the 18th century by its French translator Antoine Galland.
The story of Alibaba goes like: “Ali Baba is a poor woodcutter who discovers the secret of a thieves’ den, and enters with the magic phrase “Open Sesame”. The thieves try to kill AliBaba, but Ali Baba’s faithful slave-girl foils their plots. Ali Baba’s son marries her and Ali Baba keeps the secret of the treasure.”
Elon Musk and a mob out of his 55.2 billion followers seem to be doing chaotic things to the cryptocurrency market. Elon with his popularity confused Bitcoin investors and those who are in for quick money with his tweet.
Just like Alibaba keeps the secret of Treasure, Elon Musk is well aware of the power of Bitcoin (BTC). He is just using his power to confusing the entire market to steal the treasure – the power of SoV of Bitcoin.
And, he also sent the entire cryptocurrency space going in search of which are the most environmentally friends coins out there now?
Some of the investors in response to Elon Musk – The Alibaba of the Cryptocurrency space were like:
I’ve lost more money from Elon Musk’s Twitter account than taxes.
Don’t get me wrong you’re a great entrepreneur and visionary but please leave the crypto space alone. Nothing is perfect from the get go, like the bullet proof glass on your cyber truck for example.
Don’t get me wrong I‘m sure you‘re a great person and human being. I actually mean that. But please let Elon be Elon. Nothing he does is perfect from the get go, but Elon as a whole is amazing, and we need to let him be himself.
Bitcoin wasn’t the only victim of Elon Musk’s Twitter spree this weekend. Stocks in MicroStrategy, Square, and others all dropped points too.
Now the market is going down and Elon is awfully quiet on Twitter as of lately. Might because he realizes his moronic takes on cryptocurrency just sent the entire market crashing, but also made it cheaper for him to buy more & more. Sounds like his plan worked out exactly how he intended it to.
The hard lessons that investors learnt: If one person’s activity on Twitter is enough for you to go in and out of an investment you probably shouldn’t have made that investment.
Muting Elon Musk was the single greatest improvement to my Twitter experience I have made.
