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by moralestapia 1862 days ago
>correlation does not imply causation

It does not exclude it either. That is such a vacuous statement and I'm tired of it being used every simgle time someone has a chance to drop the most cliche "smart guy" phrase in modern parlance.

But back to the topic ...

Do you seriously believe that the recent up/downs of BTC have nothing to with Elon and Tesla's actions, i.e. it was just a coincidence?

1 comments

> It does not exclude it either

Indeed. I wrote "nobody really knows what affects the value". You wrote "a single individual can affect (manipulate) the value", and my answer was just a reminder: nobody knows for sure.

> Do you seriously believe that the recent up/downs of BTC have nothing to with Elon and Tesla's actions

I never wrote this. Speaking about vacuous things: I'm tired of the straw man trick

In my opinion Musk Tweets probably had an effect, but I doubt anyone can show to which extent, especially indirectly (people acting upon their thought about the reaction of other people to Musk's Tweets...).