Topic: ㅤ - page 3. (Read 800 times)

just a joke that has had a huge impact on cryptocurrencies especially DOGE and BITCOIN.
A person like Elon Musk has many dreams which he has accomplished.
It wasn't just about the jokes he made, he also focused on the business he was developing, the jokes he made to introduce his business.

Nowadays people with many followers and have a big influence in the world easily invite their followers to follow what he is talking about.

This petition may just prove that Elon has indeed big influence in the crypto market. I believe, it is better to just move on as the crypto market can survive without him. This will give another reason why people will see that Elon is an integral part in crypto, which is not the case. Even without him, crypto will survive. Just don't buy any of his tweets anymore. It seems he's playing the market as he sees, he can be a big influence in this market.

I also didn't like that Elon Musk changed his mind to bitcoin and caused the market to crash. Perhaps his position of being the richest man in the world makes him have the desire to want to manipulate the market. I think he's losing credibility because of all the known antecedents.
I agree with you guys, Elon Musk does not deserve our attention, at the end of the day he interested us only because he was a powerful influencer who had invested in bitcoin.
Bitcoin is going to rebound from this crash because it is not the first, it has been strong before Elon Musk invested in it. Now bitcoin will come out on top for everyone's support.

You are absolutely right.If we ignore Elon Musk for good and we don't care what he does,his "so called influence" on Bitcoin and other cryptos will fade away gradually.I am not going to sign the petition as I don't care what he is going to do,what I am interested is the future of Bitcoin and I know a bright future is ahead of us so patience is the key,whoever is patient in these kind of situations in the end will come out victorious.

Musk again writes about cryptocurrency in a good way. He used to say that Bitcoin is a little less shitty than fiat money, otherwise DogeCoin is a cryptocurrency that should be exchanged for money, and now he says that between fiat money and cryptocurrency, he chooses cryptocurrencies.

These constant changes in the vector of thinking are already tired of the order.   


https://twitter.com/elonmusk/status/1396049547680391168

Musk, if you choose cryptocurrencies in this battle, why do you speak badly about them? 

Hopefully soon we're gonna approach the post-Musk trend already. He's being given attention by a lot of people in here.
I just even forgot the guy already after he hyped Dogecoin a lot.

The guy's confusing me a lot, but whatever he's siding on. I don't care in the end. I respect him as an engineer/CEO of SpaceX, but as an investor, I dunno.

I saw the article on Cointelegraph where they thanks Elon for introducing Bitcoin and cryptocurrency to the world. Well, we may have hated him for trolling but that's really a wonder that a big influencer like him can do. He had been on the headline news in the business and investment news because of it and they can't help mentioning Bitcoin and Dogecoin.

This dip he made is allowing the new people in the market to buy the dip.

It could very well be the case. Having $1.5 billion invested in BTC, why would he want the price drop?  I see only one possible reason: to buy more at lower price.

Elon is a wise guy, with lots of proofs of that. I can't imagine him turning into a jerk some people in this thread see him as. Only time will tell. Get the popcorn ready.

I know this is childish behavior for a short time. Mean if Elon sells his holding then we will encounter a short-time dump in Bitcoin price. But if we think more deeply then it's better for a long time. Better if he says that he left Bitcoin forever and enter some other shitcoin. Let him play with shitcoin. There are many institutional investors still buying Bitcoin even Elon spreading negative about Bitcoin. So I believe even he decided to sell all the holding then someone else will buy back it on the other ends, I mean some other institutional investors. This kind of people like Elon is harmful to the crypto industry.

Be careful what you wish for. I doubt you'd be happy if he did dump all his coins. Something tells me people don't mind when he publicly announces he's bought bitcoin and he's a hero when he does but when he sells he's the bad guy. Calling for him to dump his coins is almost as childish and puerile as he's behaving and seems like people are throwing their toys out of the pram because the value of bitcoin isn't going the way they want it to. I think the bigger issue is how fickle people are and hang on his every word. If all it takes is one ambiguous word from him to tank the price by 5%+ then it's not his fault people are sheeple and act positively or negatively on his whim. I would rather have people like Elon on our side than against us and if people piss him off with their crying and hassling him then he can do much more harm if he wanted to and that's where the real danger lies. Personally I'd rather him just change his mind and start accepting bitcoin again at some point but he's not going to do that if people are attacking him, but something tells me he was getting heat or hassle on the environmental concerns front and since Tesla is trying to sell it's cars as eco friendly it doesn't really go well for their brand.


I doubt there's a conspiracy here. His behaviour does seem pretty autistic to me. I think he thinks he's just being funny and acting like he's "down with the kids" when he talks/memes about dogecoin etc but it all comes across as pretty cringe to me, but if people want to throw their money at dogecoin just because Elon talks about it then that's their prerogative and if they get burned then they only have themselves to blame.

making jokes in the crypto community is not funny...

millions of people's destinies today depend on crypto. Imagine how much people allocate their savings or sell their house just to buy Bitcoin or Dogecoin. if he's just cracking jokes here, he'd better just focus on his business.

yeah Michael burry, kick his ass.

Noobs make him rich, but people with money, on the contrary, make him poorer. Tesla shares have not dropped so weakly in recent years. Investor Michael Burry shorted Tesla shares for $ 530 million:

https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html





Moreover, he made a short in January, and this information was disclosed only yesterday. An interesting move. I think this was done on purpose. Right now, such a period when trust in Musk is no longer so strong and there is a lot of hate against him, and this investor is simply adding fuel to the fire in order to provoke a further drop in Tesla shares and make Musk even a little less rich. 

How can you be so sure about the intention of those who are raising this petition? They may be doing it for their own publicity. Even if the intentions are real, I don't really think that Elon will be bothered much about an online petition, which is signed by less than 500 people. His Twitter poll, where he asked whether Tesla should accept Dogecoin, was voted on by more than 3.9 million people. Now compare the numbers. 500 vs 3.9 million. The best thing to do is to wait and watch. Elon is going to sink under his own weight.

That's correct and well said. And even if he would sell, this doesn't stop him from buying back and also doesn't shut him up.
However, it just occurred to me that maybe all this Elon story is a fake drama engineered not to fall the price, instead to gain even more awareness for Bitcoin.

Yes, he can move the crypto market, but I am not sure if he can do that every time because the crypto market will move against him. Although he can modify the fundamentals market, he needs to be careful because the market will not move as he wants. Maybe people need to let Elon and watch what Elon will do later and if he tries to move the market again, we can use that for our benefit.

Easy, it's just a joke.
Look what Elon has done so far is so surreal and mostly beyond people's imagination.
He is a dreamer, and what we shall do is play with him.
Don't take it seriously.
Fate loves joke!

Musk pumped Bitcoin price.The Bitcoin community-"Elon Musk is awesome"
Musk dumped the Bitcoin price.The Bitcoin community-"Elon Musk is a jerk"
This is kinda funny.At the end of the day,it's all about the Bitcoin price,not about blockchain technology or Bitcoin adoption.It's all about the price.
A petition against Musk won't change anything.I was never really a Elon Musk fan,but maybe he is trying to tell us something,with all his trolling over social media.Something about the toxic nature of the crypto industry-Everyone is so focused on the prices.The crypto industry is basically "casino capitalism".

What would this petition do though? Will it change the outcome of the things that already happened? Will it make Elon Musk change his stance regarding bitcoin market and energy consumption? If the answer is a no then why do people still waste their time on this kind of stupid stuff?

A lot of things have been riding with Elon ever since he expressed interest in cryptocurrencies. I even know someone who is a die-hard fan of him that he wants to continue to buying DOGE coin. He is fairly smart since he is investing what he can risk and is okay to lose.

It's not bad to ride the hype because of the possible opportunities that you could get while trading it. What's worse is that people are investing in these different types of projects without really understanding the reason why it exists in the first place.

Could this Hate be the cause of the next bearish market with BTC? Up to the point that Elon becomes too affected by this and just decides to sell everything? Wouldn't this be worse?

As long as one has internet connection and has a platform he can do anything. But to me, it's just a stupid yet funny idea.

1. A person is allowed to buy sell their coins whenever they want.
2. How would you know that he is not holding any bitcoin or even holding bitcoin

He must be enjoying it seeing bunches of bitcoin noobs are making him rich. The difference between rich and poor is in their action. Rich keeps the poor busy what the things they do and become richer.

Anyway, I am happy seeing all those noobs are losing their money because until they learn it hard way, they will not understand the bitcoin industry. So let them learn the lessons.