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Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 21. (Read 6794 times)

sr. member
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Due to the energy consumption power losses, Elon musk tweet about his company tesla car with bitcoin transactions suspended. After published his tweet about bitcoin whole cryptocurrencies market already downed badly.

See how big the impact he made with his act and words. So no wonder that his words can really affect other prices, like doge for example. I mean, doge is hyping up mostly thanks to him, people with no knowledge will believe him and follow what he did, buying doge, selling bitcoin, or others. He's an influenxer for sure. I guess he's not really doing it for the sake of crypto, but for his own interest and profit. He'll just do what he thinks will benefit him i guess.
legendary
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I guest elon musk hasn't sold the majority of his dogecoin yet
No, he hasn't because he commented to Peter McCormick on it earlier yesterday nor his companies holdings of btc.
https://twitter.com/PeterMcCormack/status/1394661413055078400
But who can really believe a word he says because if you don't already know he is a compulsive liar and had used this to manipulate his way into Tesla.
There is a rather good two part video I found earlier today about his entire dealings on how he managed to acquire all his companies to this day.

https://twitter.com/PeterMcCormack/status/1394662596599558144

Elon Musk is a cult figure for some of the smartest people on the planet. So what he's doing with the Dogecoin baffles me.
I mean, they say the Internet doesn't recognize any form of hierarchy, but I think Musk has delusions of god-like grandeur.
Elon Musk is an excellent manager. He was always among the first to promote ideas and technologies and achieved success, having thought out all the logistics of the process in advance. That is why  Musk's opinion is trust, even it was joking. His one tweet raised the price of Doge, . It's no secret that the mass media and social networks are capable of manipulating public opinion. Many people recklessly trust the opinion of the  reputable successful individuals  and of the majority.
If Elon Musk is a great manager, why are his statements so contradictory about Bitcoin? At first, with his mentions of Bitcoin, he made him a good advertisement, and he himself saw it and understood their influence on the masses and on the cryptocurrency market. He also had to understand how negatively his latest negative comment about Bitcoin would affect this market. As a manager, he must also understand that he will lose some of his income from owning bitcoins if he says so. Moreover, he actually said a lie, since Bitcoin is mined on electricity, which is produced not only from the combustion of hydrocarbons such as coal and fuel oil, but also from clean renewable energy sources. That is, any energy is consumed that is generated from any sources that are in a certain area. I do not see foresight in these actions and statements by Elon Musk.
Because he is a massive troll. That is all there is to it.
He plays these games because in his mind he thinks its cute or people will see it as humorous but in reality it is not.
I believe he intentionally puts up a barrier to see things from another person's point of view of what he deems as the right way to do things but are far from it.
Remember when there were that thailand kid soccer team trapped in a cave? He ended up getting sued by one of the rescue divers who he called a pedophile. All because he said he didn't want elon's help in the matter and they will get those kids out themselves.
full member
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Elon Musk is a cult figure for some of the smartest people on the planet. So what he's doing with the Dogecoin baffles me.
I mean, they say the Internet doesn't recognize any form of hierarchy, but I think Musk has delusions of god-like grandeur.
Elon Musk is an excellent manager. He was always among the first to promote ideas and technologies and achieved success, having thought out all the logistics of the process in advance. That is why  Musk's opinion is trust, even it was joking. His one tweet raised the price of Doge, . It's no secret that the mass media and social networks are capable of manipulating public opinion. Many people recklessly trust the opinion of the  reputable successful individuals  and of the majority.
If Elon Musk is a great manager, why are his statements so contradictory about Bitcoin? At first, with his mentions of Bitcoin, he made him a good advertisement, and he himself saw it and understood their influence on the masses and on the cryptocurrency market. He also had to understand how negatively his latest negative comment about Bitcoin would affect this market. As a manager, he must also understand that he will lose some of his income from owning bitcoins if he says so. Moreover, he actually said a lie, since Bitcoin is mined on electricity, which is produced not only from the combustion of hydrocarbons such as coal and fuel oil, but also from clean renewable energy sources. That is, any energy is consumed that is generated from any sources that are in a certain area. I do not see foresight in these actions and statements by Elon Musk.
full member
Activity: 784
Merit: 116
The thing is he is commenting on crypto and bitcoin without any experience or research into it
I think elon musk already know everything before he decide to buy bitcoin or dogecoin.

That is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
For him? Ofcourse not, He is the businessman. He need as much money as he can to achieve his dreams.
Go to mars!!

Just watched this insightful video a couple of days ago.
Tesla's Crypto Master Plan - by Paul Barron
https://www.youtube.com/watch?v=TTPOOzXTG6g

I guest elon musk hasn't sold the majority of his dogecoin yet
legendary
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Just watched this insightful video a couple of days ago.
Tesla's Crypto Master Plan - by Paul Barron
https://www.youtube.com/watch?v=TTPOOzXTG6g
legendary
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There were alot of tweets from him over this past weekend.
At one point he was asking why bitcoin wasn't faster and why not centralize the mining for it - in a sense.
Someone told him, what does he think BCash/BSV was all about? Wink

The thing is he is commenting on crypto and bitcoin without any experience or research into it and to me that is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
In this instance it was bitcoin, but could of been done to any coin he chooses.
And this to me can be very dangerous in the current market we all are in.
full member
Activity: 784
Merit: 116
IMO, He's not doing it for Tesla or SpaceX because those businesses have already accomplished great things without cryptocurrency. Elon Musk is doing this to aid cryptocurrency's massive adoption around the world by initiating this type of operation.
Are you sure? Can you see elonmusk's mind?

For me Elon is just the same as McAfee and probably would end up like him in crypto space.
Now I see some meme post about people lose something because of following him.
If doge wouldn't recover then I guess Musk would really lose it and would really become like McAfee on crypto.
People would start to lose interest and trust on him then after that every tweet/post or comment that he would say would also be a big thing in here.
Yeah, 2021 bitcoin reach all time high. Do you know what McAfee said about bitcoin & altcoin now???
I think he had already sold most of his bitcoin.

He isn't for bitcoin, he isn't for Tesla. Wherever there is an opportunity to make money out of it, he'll have his part. This is how he has come into the cryptospace, and using his popularity and company needs he multiplied his investment in a very short time period. Even after that he's is getting indepth into the cryptospace just because he realised it is the future. As each and everything gets connected in a business he has got into it.
Agree
legendary
Activity: 2618
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He isn't for bitcoin, he isn't for Tesla. Wherever there is an opportunity to make money out of it, he'll have his part. This is how he has come into the cryptospace, and using his popularity and company needs he multiplied his investment in a very short time period. Even after that he's is getting indepth into the cryptospace just because he realised it is the future. As each and everything gets connected in a business he has got into it.
sr. member
Activity: 961
Merit: 269
CryptoDirectories.com
If trying to move the markets with the true intention of garnering attention towards your other companies in this way you will get what you deserve. Undecided

Karma some would say.

You reap on what you sow eh? When it comes to intentions then no one can really point the truth since we dont know on what he had been thinking
but the community isnt really that dumb nor that naive on not to notice things.  Cool
We wont be surprised if the ranking would be going down way more lower than on rank 10. What you think?
i also think this is just a start the way he tries to attack bitcoin might also backfire
when the community-driven coin retaliate he will never know when he will become one of the crypto clowns
the attack he is doing to the bitcoin community is not only financially but also mentally
he wants to save electricity when the bitcoin community give it to him who knows what will happen
hero member
Activity: 2352
Merit: 593
This guy is not good in the crypto community imo. He manipulates the crypto market to earn more money for his SpaceX project. He distracts the public by shilling doge and saying bad things about bitcoin to buy at a lower price. If bitcoin moves up, he can decide to sell his holdings to fund his SpaceX project then manipulate the market again to cause a panic again. If one or two of those top 10 holders of doge will sell their holdings that can cause dogecoin to go less than $0.1 then I think his dogecoin believers will stop following him and his madness will stop.
legendary
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This was the tweet from Mr.Whale which sparked the dump of bitcoin when Elon responded with a single word:
"Indeed." Roll Eyes

With several crypto youtubers posting immediately right after, this is the one I watched through it all to see what actually caused the 12% dump of the btc price since then.
https://www.youtube.com/watch?v=rSrpMwnC3vk
The above is to a livestream of bitboy crypto for those who do not like his point of view just a fair warning is all. Wink
jr. member
Activity: 171
Merit: 3
Who knew yahoo finance had a show about crypto called none other than the crypto corner.
As much as I hate yahoo and surprised their still around, they do provide some valid points to what the ceo of tesla was doing buying all those bitcoins then doing a complete 180 to drive down its price.
Just nonsensical.
https://www.youtube.com/watch?v=iqyBXzVvxt0
Also for everybody who is concerned about it, Bitcoin will be just fine with Elon from what the ceo celsius network had to say about it.
https://www.youtube.com/watch?v=6DbMtYzcoZQ

Atleast bloomberg had a better take on the whole situation to try and make some sense out of what needs to be done so to repair what he has done with that sole tweet.
https://www.youtube.com/watch?v=CmtVb8xVFKE
legendary
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I am pretty certain this all was just an attempt to thwart the main goal of cryptocurrency so to gain more customers for his companies.
In several ways:
1. Appear on a national syndicate television show and say something to garner an audience world-wide and have a play on words so to leave speculation for what everybody was expecting to happen but it didn't.
2. Once he had everyone's focus say something else which will leave a bad taste in those investors mouth.
3. Tweet out that using a certain cryptocurrency is bad for the environment but I am here to fix that with said other crytpocurrency he garnered speculation on.
4. Present his solution that the company in which he owns will be providing clean energy to those who are using the cryptocurrency which is bad for the environment.
5. Gather more attention to said company and tells of the first cryptocurrency will be paying for his second company's journey into space.

Seems like he had it all thought out and is just setting his plan in motion.
One step at a time.
hero member
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Elon musk is a smart guy, he pretty much knows where to find the money he needs to get his babies into space... is lying in crypto, fiat might have it but there is so much paper work to do. And his answer still doubles back to crypto.

At this moment his still a crypto ambassador but I see him trying to get his numbers favour his business and doge....in this short time it wouldn't surprise me to see Tesla go green on the market.

legendary
Activity: 3108
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If trying to move the markets with the true intention of garnering attention towards your other companies in this way you will get what you deserve. Undecided

Karma some would say.

You reap on what you sow eh? When it comes to intentions then no one can really point the truth since we dont know on what he had been thinking
but the community isnt really that dumb nor that naive on not to notice things.  Cool
We wont be surprised if the ranking would be going down way more lower than on rank 10. What you think?
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
If trying to move the markets with the true intention of garnering attention towards your other companies in this way you will get what you deserve. Undecided

Karma some would say.
sr. member
Activity: 1442
Merit: 390
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In my very own opinion, based on what I am read on the internet and what I am noticing since Elon Musk and Tesla adopt cryptocurrency as their partners in their company many happen. Just for example when Elon Musk hype the meme coin which is the dogecoin, it hypes very well, and to the extent that the doge surges up and another thing is the bitcoin. When Tesla which is own by the famous and manipulator Elon Musk the market and the bitcoin extent to its limit also. Elon Musk is using crypto of course to boost Tesla and Space X but the crypto is also using him to manipulate the market.
legendary
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No wonder he dressed up as Wario..
I thought it was a bit weird at first but it seems like he was just mocking us at revealing who he truly is and that being:
The real villan of BTC! Cheesy

https://www.youtube.com/watch?v=EXVGLS4g8_w
full member
Activity: 1190
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Due to the energy consumption power losses, Elon musk tweet about his company tesla car with bitcoin transactions suspended. After published his tweet about bitcoin whole cryptocurrencies market already downed badly.
legendary
Activity: 2828
Merit: 1497
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Well since appearance over the weekend things seemed to have turned for the worst. From being just a promo for dogecoin to tanking all of the markets by 11.5% since this happened last night:
But now we see the real reason behind their hidden agenda:
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