Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 2.

rdbase

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Quote from: Reid on March 26, 2024, 07:04:28 AM

I bet they will make that as an NFT and will be locked away for some time so that it will have value in the future.
That's just great. Posting something just by thinking. Elon Musk can definitely be inspiring a lot of times although I still don't like how he does it when it comes to cryptocurrencies. Cheesy

Not everyday he wins though. Here's what happened recently.
-snipped-

CMC already has an entire section of those memecoins dedicated to Musk such as elondoge.
Many are useless but it tell you just how popular no matter how stupid they are still hold a marketcap in the $100s of $1000s.

Now these articles released in the past 24 hours from different outlets are quite interesting inwhich Musk has predicted SuperHuman A.I will surpass people by next year.

https://fortune.com/2024/04/09/elon-musk-ai-smarter-than-humans-by-next-year

https://www.theguardian.com/technology/2024/apr/09/elon-musk-predicts-superhuman-ai-will-be-smarter-than-people-next-year

https://financialpost.com/financial-times/elon-musk-ai-overtake-human-intelligence-2025

Reid

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^I bet they will make that as an NFT and will be locked away for some time so that it will have value in the future.
That's just great. Posting something just by thinking. Elon Musk can definitely be inspiring a lot of times although I still don't like how he does it when it comes to cryptocurrencies. Cheesy

Not everyday he wins though. Here's what happened recently.
Elon Musk's X anti-hate group case thrown out
https://www.msn.com/en-us/money/companies/elon-musks-x-anti-hate-group-case-thrown-out/ar-BB1kwecc

Quote

US judge has thrown out a lawsuit brought by Elon Musk's social media firm X against a group that had claimed that hate speech had risen on the platform since the tech tycoon took over.

X had accused the Center for Countering Digital Hate (CCDH) of taking "unlawful" steps to access its data.

Quote

Imran Ahmed, founder and chief executive of CCDH, celebrated the win, saying Mr Musk had conducted a "loud, hypocritical campaign" of harassment and abuse against his organisation in an attempt to "avoid taking responsibility for his own decisions".

X (formerly Twitter) siad they will plan for an appeal.
He might still not win it.
Social media is a place where people would like to tell their opinion and I think Musk is just being a softy here.

Quote

He said the company had "brought this case in order to punish CCDH for ... publications that criticised X Corp - and perhaps in order to dissuade others who might wish to engage in such criticism".

Well, there's a way to stop them, he owns the company, he just need to dirty his hands for a bit. Cheesy

rdbase

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This was something which needed a follow up to what happened to the patient who had Elon Musk's company Neuralink install a computer chip in his brain so to have tasks done via a computer.

"Noland Arbaugh, the world's first Neuralink patient, has made history by posting a tweet on X 'just by thinking'. Mr Arbaugh, a 29-year-old quadriplegic, has become the first person to send a tweet using only his thoughts, using NeuralInk's cybernetic implant."
source: https://www.ndtv.com/world-news/man-with-elon-musks-neuralink-brain-chip-posts-tweet-on-x-just-by-thinking-5300011

For some reason keep forgetting Musk owns this Neuralink company and not only Tesla/SpaceX/X.

rdbase

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Solana memecoins have surpassed everyones expectations. It will make them the alternative way to deal with these type of coins since the only way had been to use the ethereum network.
But as many had experienced the high gas fees were making them un-usable.
Hundreds of dollars to send an altcoin with no utility such as a dog inspired coin doesn't make much sense.

Think Solana has reached $190 on the news about such projects in the memecoin space having exploded such as BONK, WIF and even Shiba Inu in the past week.

So let this new blockchain infrastructure have the memecoins and NFT space instead of the Bitcoin network with those inscriptions clogging up the bitcoin blockchain.

Reid

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^
That's intriguing. Well, I think he had been a supporter of that memecoin which is why he would respond like that. If ever he have more of those in his stash, then I believe he will be happy to boost it more with his cryptic messages. Grin

This will also boost the number of supporters for his projects and who would not like that for a business.

Memecoins became one of the hottest in todays market. Another news came out regarding that.
Franklin Templeton Releases New Report For Memecoins, The Hot Area Of The Market – There Is a Solana Detail

https://en.bitcoinsistemi.com/franklin-templeton-releases-new-report-for-memecoins-the-hot-area-of-the-market-there-is-a-solana-detail/?fbclid=IwAR1e-r5sPKnsiBzPkJ7T6qkUCoMSLUZoK--SrFFTdheDIc3xgWhxaaH2ONk

Quote

“We believe Memecoins have a strong relationship with their native networks,” the report states. He also notes that in the fourth quarter of last year, the Solana network captured a significant percentage of activity across all active addresses, which coincided with the price increase on BONK.

Maybe that answer of Elon Musk has something to do with this? He hyped the memecoin market again.

rdbase

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Musk was asked at a Tesla meeting in Germany if they would ever allow a car to be purchased with Dogecoin.
Here was his response to this a couple of days ago:

https://twitter.com/DegenerateNews/status/1768126256837448020

Full article on how this would affect the company if they did. But since the tweet was released it caused the surge of the altcoin's price to increase by 10% alone on the news:

https://coinmarketcap.com/community/articles/65f2c4a3ed13b43d800acea3

rdbase

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On a featured story for Wired this week he states he will be giving his truth seeking for free.
So shouldn't the new iteration of AI be free and opened to the masses?
https://www.wired.com/story/elon-musk-no-choice-open-chatbot-grok

Like the post he made on X on how OpenAI is a lie:
https://twitter.com/elonmusk/status/1767108624038449405

Reid

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Quote from: rdbase on March 02, 2024, 08:36:05 AM

Musk apparently is going after Open AI's CEO for abandoning the company's original goal while it was still a startup.
https://www.reuters.com/legal/elon-musk-sues-openai-ceo-sam-altman-breach-contract-2024-03-01/

Could this due to Elon starting up his own A.I company Grok last year?

Could be.
Elon Musk makes Grok AI open source amid ongoing OpenAI lawsuit
https://cointelegraph.com/news/elon-musk-open-source-grok-ai?fbclid=IwAR2a0BmA-y3-Ywg2G6Seu6woSgeiEqK27HhOgRkBkZ_AJOdpO6C9SXc6uVY

Quote

Like OpenAI’s ChatGPT bot, Grok is an AI chatbot developed by Musk’s company, xAI. Unlike ChatGPT, however, Grok can access real-time information via the X social media platform and answer more hot-button questions that some other AI systems reject.

Quote

Musk’s decision to make Grok open source aligns with his requests in his lawsuit against OpenAI to advance open-source AGI for the “benefit of humanity.”

"Benefit of Humanity". I highly doubt that. Cheesy

There's always a benefit for humanity but the priority was always the benefit of the wallets. I just don't like how the sudden thought of making an AI came out after attacking the old one who had been in the trend for now.
I think this is also to boost the number of X (formerly Twitter) users. Why? Because accessing the xAI would need an account in X.

Quote

To access the chatbot, users must have a verified X account. According to some comparisons, Grok AI, which is powered by the Grok-1 large language model, surpasses ChatGPT-3.5 but doesn’t perform as well as OpenAi’s ChatGPT-4 model.

rdbase

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Both Tesla & SpaceX hold $1.3 billion worth of bitcoin according to this article published yesterday:

https://decrypt.co/220597/tesla-spacex-bitcoin-wallets-elon-musk-firms-1-3-billion

After it was speculated that Tesla added more bitcoin to it's books causing this recent surge in the price.

https://cointelegraph.com/news/tesla-buying-bitcoin-btc-wallet-curiosity

rdbase

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Musk apparently is going after Open AI's CEO for abandoning the company's original goal while it was still a startup.
https://www.reuters.com/legal/elon-musk-sues-openai-ceo-sam-altman-breach-contract-2024-03-01/

Could this due to Elon starting up his own A.I company Grok last year?

rdbase

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Buffett and Musk discuss about what the True Currency is and it could be bitcoin with the recent swings it has had since Monday.
https://www.forbes.com/sites/digital-assets/2024/02/26/the-true-currency-elon-musk-surprisingly-sides-with-bitcoin-critic-warren-buffett-amid-crypto-price-swings/?sh=540bfb5e4951

Like how he eludes to time as the currency. This could mean a certain selection for his platform's payment system they have been developing and delaying to finally name.

rdbase

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Some interesting articles which came out a few days ago on what is the point of Elon's AI company Grok with Open AI being so successful and why he bought Twitter in the first place via podcast so a subscription to Bloomberg is required to hear from the former CEO of what is now known as X:
https://www.theverge.com/24080217/elon-musk-xai-fundraising-grok-ai

https://www.bloomberg.com/news/articles/2024-02-22/podcast-why-elon-musk-bought-twitter-in-the-first-place

rdbase

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With AI advancing at an alarming rate I would bet a million many have not heard of the next iteration of Musk's invention grok. Groq which has peaked the interest of those who have been following the next innovation towards the race to become the best in the industry:

https://gizmodo.com/meet-groq-ai-chip-leaves-elon-musk-s-grok-in-the-dust-1851271871

Reid

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Quote from: Funke on February 09, 2024, 06:41:34 PM

There was a time I made a post on this platform explaining how I see a time coming when Elon Musk will be making an effort to dominate the crypto world which will keep his wealth measured higher. Unfortunately, moderators of this platform deleted the post. Today it is coming to pass.

If its in the right section of the forum then I doubt it will be deleted.

About Elon Musk. I think the big question would be if he made an impact on the cryptocurrency industry. He made a lot of ruckus buying $1.5 billion worth of Bitcoin, and then next to it is boosting Dogecoin.
So I guess he did made an impact in a different way. On social media especially, because those who haven't got a clue about it was suddenly introduced and maybe those who are pessimistic about Bitcoin and other cryptocurrencies changed their mind thanks to him.
The impact was seen at how Bitcoin rose to 5 digits in value because the demand suddenly sky rocketed and no one really expected it to be that fast.
He can definitely make a market swing thanks to his followers and connections.

Is he using crypto for attention of his product? I think he is. And now even X (formerly Twitter) is also reaping those rewards.

Funke

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Quote from: rdbase on May 07, 2021, 05:40:39 PM

Watching the lately spot about Musk appearing on live tv this weekend for showing what all the hype is about and if he will actually have a mention of his favorite cryptocurrency doge, it seems the media are jumping all over this appearance.
https://www.youtube.com/watch?v=nWWzszskgmA

What are your thoughts about this North American appearance and what do you think he will do or say about doge or even bitcoin?
I think since Miley Cyrus is the musical guest he will have her dress up as a dog and call her doge. Cheesy

She likes cats and had dressed up as them on stage during her concerts, so you never know what these two crazy people will do on this episode.

There was a time I made a post on this platform explaining how I see a time coming when Elon Musk will be making an effort to dominate the crypto world which will keep his wealth measured higher. Unfortunately, moderators of this platform deleted the post. Today it is coming to pass.

rdbase

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Neuralink a company the Tesla CEO owns had successfully implanted a chip inside a human test subject.
So far they were stable and doing well last I heard.
This was done to help with those who have had their physical motor skill functions impaired inorder to regain mobility again.
It of course can have other applications.
Paired with something such as the Apple Vision Pro and you have something resembling an early renditions of cyborg technology.
Instead of people using their Vision Pros as a very expensive way of trading cryptocurrenies in a virtual environment.
Elon can finally bring a Doge nft to life virtually.

rdbase

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Tesla still has Using Bitcoin as a payment option of a tesla on their website.
https://www.tesla.com/assets/pdf/BTC_What_You_Need_To_Know_en_US.pdf

There were some other headlines about their holdings of bitcoin most recently aswell the judge rejecting their proposal of his compensation package yesterday.
https://cointelegraph.com/news/tesla-missed-out-300m-profit-bitcoin-sales

Ark Invest CEO Cathie Wood bought Tesla stock so there is something brewing between these two afterall:
https://coingape.com/cathie-woods-ark-invest-adds-arkb-bitcoin-etf-worth-51-mln-this-week-buys-tesla-shares

She could get Musk to fully get on the bitcoin train before it has left the station.
Meaning before the bull run hits post halving.
https://coingape.com/halving/bitcoin-halving

rohang

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Tesla was going to pay musk 56 BILLION $ which was rejected by a delaware judge in favor of the investors who had sued elon

https://www.google.com/amp/s/amp.theguardian.com/technology/2024/jan/30/elon-musk-tesla-pay-package-too-much-judge-rules

This has led to some rumors that musk might sell his btc holdings, reported to be worth around 9720 btc

https://coinpedia.org/news/crypto-panic-musks-56-billion-loss-sparks-fears-of-massive-crypto-sell-off/

rdbase

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Today's surge in the price of bitcoin caught everyone who had been watching the price for the past two weeks since the spot ETF was approved certainly off-guard.

This could be due to the accummlation of particular headlines in the past 24 hours.
The one included I believe did this aswell would be this one:
https://decrypt.co/214314/elon-musk-tesla-holds-387-million-in-bitcoin

Plus the talk of X payments possibility of introducing an unnamed coin could also have bitcoin as a candidate during the approval process.

https://www.investing.com/news/cryptocurrency-news/elon-musk-shares-insights-on-x-payments-doge-army-abuzz-shib-burn-rate-surges-4240-tesla-reveals-its-bitcoin-holdings-crypto-news-digest-by-utoday-3284577

You can't say these two didn't help in the confidence level of bitcoin so to have the 5% increase in it's price in the past 24 hours.

rdbase

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Some advancement on the X platform's way on online payments which many are seeking which cryptocurrency, if any, will the owner of X chooses:

https://cryptonews.com/news/elon-musks-x-payments-feature-sparks-speculation-among-crypto-enthusiasts.htm

An x post speculates on which cryptocurrenies begin with the letter X would be chosen but they could just come up with their own currency for use as the payment of choice once released on the platform in the middle of the year:

https://twitter.com/MasonVersluis/status/1748787693432283547

Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 2. (Read 6748 times)