3.9million users took part in the Elon Musk poll; What will be Tesla's decision? - page 4.

beerlover

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Quote from: bryant.coleman on May 13, 2021, 07:22:08 AM

Quote from: bakasabo on May 13, 2021, 05:28:43 AM

Elon Musk already showed how quickly he could change decisions and how hard it later impact on the market. What is the point of voting for dogecoin to be accepted as a payment for Tesla, if he could later removed that option with a comment like "Dogecoin is a meme coin, or just a joke. But our cars are not jokes. That is why we are suspending vehicle purchase using dogecoin".

Looks like even Elon's manipulation couldn't prevent Dogecoin from sinking. it has lost 20% of its value against USD during the last 24 hours. At least a section of the new entrants to cryptocurrency seems to have realized that Dogecoin is an overhyped shitcoin with no real usage. During the past few weeks, Elon has done a great deal of damage to the cryptocurrency sector. Those corporations which were considering accepting BTC may have cancelled their plans as of now.

It was Elon that caused it as well, that is the funny thing. He talked about how his company Tesla, after just few months, will not sell cars for bitcoin because of "environmental fear" and then all the crypto prices crashed. He asked about "should tesla accept doge" a bit before that as well. It is an obvious attempt that he wanted to get doge above bitcoin, even if not above marketcap, it should be above in profitability, the price dropped after his SNL sketch and that is why he wanted to recover it but now with the bitcoin tweet he destroyed all of it.

This is basically the reason why I believe he wanted to do something but failed miserably while doing that, because when bitcoin drops everything else drops with it. In the end we are in a world where crypto is tied together and people like Elon should not have this much power over it at all.

bryant.coleman

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Quote from: bakasabo on May 13, 2021, 05:28:43 AM

Elon Musk already showed how quickly he could change decisions and how hard it later impact on the market. What is the point of voting for dogecoin to be accepted as a payment for Tesla, if he could later removed that option with a comment like "Dogecoin is a meme coin, or just a joke. But our cars are not jokes. That is why we are suspending vehicle purchase using dogecoin".

Looks like even Elon's manipulation couldn't prevent Dogecoin from sinking. it has lost 20% of its value against USD during the last 24 hours. At least a section of the new entrants to cryptocurrency seems to have realized that Dogecoin is an overhyped shitcoin with no real usage. During the past few weeks, Elon has done a great deal of damage to the cryptocurrency sector. Those corporations which were considering accepting BTC may have cancelled their plans as of now.

Kong Hey Pakboy

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Quote from: DoublerHunter on May 13, 2021, 05:25:39 AM

Quote from: Kong Hey Pakboy on May 13, 2021, 01:00:11 AM

Never thought that it would be that big, better brace yourselves and save some DOGE for yourselves because I can feel that there will be another increase in the prices because if they make this news official, prices are definitely going to pump really high and you might not want to miss it for the profits.

^ Probably and I have doubt about that.
People speak for it so I think arguments will soon be gone. It is just stupid that people think Dogecoin is not useful.
But as I always say, formalities and names are something that isn’t the thing. It’s always the usefulness and the effectiveness people have to see.
Tesla's company could have been named different, like something that sounds very cool and professional. But it did work because they produce results and that is the only thing that matters. The principle also applies with Dogecoin, let’s say the coin has been named after a meme but the execution they did is still better than the others. Nevertheless, they survive freaking years and that matters the most.

What's your point though? I was talking about the the fact that the poll is going to affect the prices but you are here talking about the origin of the names of the company and stuff which isn't my point in my previous reply also the reason that Tesla was named Tesla is because Elon tries to commemorate Nikola Tesla the forgotten inventor that got most of his patents stolen by Edison.

bakasabo

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Elon Musk already showed how quickly he could change decisions and how hard it later impact on the market. What is the point of voting for dogecoin to be accepted as a payment for Tesla, if he could later removed that option with a comment like "Dogecoin is a meme coin, or just a joke. But our cars are not jokes. That is why we are suspending vehicle purchase using dogecoin".

DoublerHunter

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Quote from: Kong Hey Pakboy on May 13, 2021, 01:00:11 AM

Never thought that it would be that big, better brace yourselves and save some DOGE for yourselves because I can feel that there will be another increase in the prices because if they make this news official, prices are definitely going to pump really high and you might not want to miss it for the profits.

^ Probably and I have doubt about that.
People speak for it so I think arguments will soon be gone. It is just stupid that people think Dogecoin is not useful.
But as I always say, formalities and names are something that is not the thing. It’s always the usefulness and the effectiveness people have to see. Tesla's company could have been named different, like something that sounds very cool and professional. But it did work because they produce results and that is the only thing that matters. The principle also applies with Dogecoin, let’s say the coin has been named after a meme but the execution they did is still better than the others. Nevertheless, they survive freaking years and that matters the most.

stompix

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Quote from: Hydrogen on May 12, 2021, 07:51:12 PM

I would be interested to hear reasons behind those negative poll votes.
It is possible everyone voting on that end of the spectrum does so through being uninformed. Or misinformed by the media.

Probably a good chunk of them could have come from bitcoiners, to be honest probably even I would have voted against that if I would have believed the poll is actually going to mean something and votes would not be just meaningless actions in a publicity stunt. A lot of bitcoin maximalists hate doge as they think it's just a shitcoin and they wouldn't like to see competition especially from that coin, some of the hardcore ones would rather see no coin accepted than both BTC and dogecoin. I'm wondering if doing this poll in the WOT topic wound get even 5% support.

While I don't openly hate it or wish it to die like other shitcoins sometimes the whole madness gets on my nerves and I end to forget that it's also a cryptocurrency, used for the same purpose as BTC and its value is the same, a reflection of the trust people put in it.

fulcare

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Quote from: Darker45 on May 12, 2021, 09:33:20 PM

I voted no to this, hoping that I am contributing to No becoming the winner in this poll, which, in turn, would hopefully make people realize that they are actually courting danger by investing in Doge right now. However, it seems the millions of blind followers of Elon are all Doge diehard fans that Yes easily made it as the winner. But I am more than sure that 99% of those who voted yes are simply Doge owners and won't actually buy a Tesla with Doge nor can afford to buy one.

All these tweets of Elon mentioning Doge is definitely being interpreted by millions as a direct promotion of the meme coin. The risk is very high. I'm afraid Doge will fall down to tens of Sats sooner rather than later.

It would be an asshole move if he now does not follow the result of the poll and thereby sends Dogecoin South. It's becoming weirder by the minute how he is using Twitter and crypto.

Kong Hey Pakboy

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Never thought that it would be that big, better brace yourselves and save some DOGE for yourselves because I can feel that there will be another increase in the prices because if they make this news official, prices are definitely going to pump really high and you might not want to miss it for the profits.

Darker45

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I voted no to this, hoping that I am contributing to No becoming the winner in this poll, which, in turn, would hopefully make people realize that they are actually courting danger by investing in Doge right now. However, it seems the millions of blind followers of Elon are all Doge diehard fans that Yes easily made it as the winner. But I am more than sure that 99% of those who voted yes are simply Doge owners and won't actually buy a Tesla with Doge nor can afford to buy one.

All these tweets of Elon mentioning Doge is definitely being interpreted by millions as a direct promotion of the meme coin. The risk is very high. I'm afraid Doge will fall down to tens of Sats sooner rather than later.

yhiaali3

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Elon Musk said from the start that he would not be surprised if the price of Dogecoin became 1 $ in an implicit indication that he would support it until it rose to 1$. Of course, the results of the vote are known in advance because everyone knows that Elon Musk supports Dogecoin and they know that he is fully convinced of using it as an additional method to buy a Tesla cars, in case Elon Musk makes the move, we will definitely see the Dogecoin price at 1$.

PrimeNumber7

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Quote from: stompix on May 12, 2021, 10:00:07 AM

Quote from: Vishnu.Reang on May 12, 2021, 09:45:20 AM

He is doing manipulation on behalf of various Dogecoin whales, who have probably promised a substantial chunk of their profits to him.

Lol, are you seriously thinking this?
The world richest man is doing bounty work ?

IMO Musk is trolling the SEC who sanctioned him for tweeting about TSLA having a buyer lined up at $420/share when this was less than true. Musk is not able to tweet about certain things about his companies without company approval for accuracy. Musk appears to have responded by tweeting about crypto in ways that he knows will influence the price of what he is tweeting about.

TimeTeller

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Quote from: Hydrogen on May 12, 2021, 07:51:12 PM

I would be interested to hear reasons behind those negative poll votes.

It is possible everyone voting on that end of the spectrum does so through being uninformed. Or misinformed by the media.

Dogecoin hate isn't a common trend anywhere that I know of. I can't ever remember anyone saying something negative about doge.

It is very surprising to see so many negative votes against dogecoin support for tesla. One wonders if the results are accurate.

You really can't expect to vote all in for doge.
Some will oppose for what's to come.
But it doesn't mean they hate doge, maybe, they just don't believe on doge.
But with the positive result or high percentage that want for Tesla to accept doge, I believe Elon will make another tweet on this.
And high likely that they will accept doge in Tesla. Which may be good for all doge holders.
As Elon also tweeted about suspending the acceptance of bitcoin payment, maybe they will seriously look into doge as alternative crypto payment.

Hydrogen

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I would be interested to hear reasons behind those negative poll votes.

It is possible everyone voting on that end of the spectrum does so through being uninformed. Or misinformed by the media.

Dogecoin hate isn't a common trend anywhere that I know of. I can't ever remember anyone saying something negative about doge.

It is very surprising to see so many negative votes against dogecoin support for tesla. One wonders if the results are accurate.

macson

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Quote from: Leviathan.007 on May 12, 2021, 07:48:27 AM

snip

i also took part in the voting on Elon's tweet and voted "no". i'm very sure those who voted Yes on pool only contributed to the voting because they thought Elon's tweets were funny. This is something i don't like a little about Elon, he seems to make the crypto market look like a zoo. due to the bullish doge, many people get rich suddenly and also suddenly poor....imo is not funny anymore.

Gyfts

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https://twitter.com/elonmusk/status/1392602041025843203

BILLIONAIRES ARE NOT YOUR FRIENDS. In caps, in case it wasn't obvious to anyone.

Suddenly the walking meme isn't too funny anymore. I'll admit I found his antics amusing, but then he outputs blatant falsehoods about BTC and crypto in general.

The electric bearing of crypto is not anywhere near the resources needed to manage a financial institution. Want to know how much electricity it takes to store physical commodities or currency, secure it, maintain it? Maybe someone should let Elon know.

icopress

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Quote from: LoyceV on May 12, 2021, 02:22:46 PM

Isn't that..... illegal? [...] it's a different story if it's a billionaire who was already fined $20 million by the U.S. Securities and Exchange Commision for misleading investors.

Apparently, Elon Musk, within his budget, can afford to write another 7,000 tweets. Considering how fast he is expanding his Twitter audience, I'm pretty sure he doesn't care about penalties, (not to mention the fact that penalties against him are unlikely for political reasons). It is likely that a t'marketing agency is behind Elon's account, whose actions simply save billions of dollars in marketing dollars, (organic reach rules) ... or have you forgotten how Musk sent the car into space?

el kaka22

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I am pretty sure he will not accept doge for sure. We are talking about %60 of all doge owned by certain people, very centralized, there are people who can literally buy the whole Tesla with the doge they own if they wanted to with how Doge is priced right now, even if not the whole, they could purchase a huge chunk of it.

That means Tesla can't accept doge on the basis of how centralized the distribution is and that is a big problem. This dude loves to joke around about dogecoin and he can do that all day but he would never have a substantial investment into dogecoin from his company that is just a fact, let alone accepting doge, he can't even have a public purchasing of doge from Tesla itself, he did that for bitcoin but he can't do that for doge. Only reason why he keeps this up is the fact that he was liked for it and he likes to be liked.

stompix

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Quote from: Vishnu.Reang on May 12, 2021, 12:49:19 PM

But Elon Musk's recent behavior is very suspicious. Previously I would have considered such tweets as pure trolling. But nowadays, the intention is suspicious. Especially his tweet, which came at a time when Dogecoin price was down by 40%. I have to admit that I don't have any proof for any sort of manipulation being done by Elon.

So before when the coins were almost forgotten you could have called it trolling when obviously his tweets were having a far larger in terms of percentage effect on the coin, and now when everyone is talking only about dogecoin, hell all the Reddit ads are only telling me to invest in dogecoin, and he is simply repeating stunt after stunt, why would this now be considered manipulation?
I really think a lot of bitcoiners are biased on this, they cheered when Tesla pumped millions into bitcoins but when Musk does mention dogecoin suddenly it's manipulation, I too would have preferred he would have come out and say that he is only interested in BTC and neither he nor his companies will ever accept any other altcoin, but it's a free world, and you can't jail a man for a poll.

Quote from: LoyceV on May 12, 2021, 02:22:46 PM

Isn't that..... illegal? It's one thing for anonymous pumpanddumpers to do it, it's a different story if it's a billionaire who was already fined $20 million by the U.S. Securities and Exchange Commision for misleading investors.

That was a different case altogether, he made a false claim there and he knew that it was clearly a lie plus he was the chairman at the time for the company.
Here, what could be illegal of what he has done? And if that is illegal, then how about what Powell who also runs an exchange said about bitcoin reaching 1 million, isn't that also manipulation? Cheesy

decodx

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Quote from: Rikafip on May 12, 2021, 01:13:35 PM

Quote from: Vishnu.Reang on May 12, 2021, 12:49:19 PM

First of all, I am not a conspiracy theorist. But Elon Musk's recent behavior is very suspicious. Previously I would have considered such tweets as pure trolling. But nowadays, the intention is suspicious. Especially his tweet, which came at a time when Dogecoin price was down by 40%. I have to admit that I don't have any proof for any sort of manipulation being done by Elon. But right now a lot of madness is going on with this shitcoin. Maybe I was not logical or rational. But let's wait for a few more weeks and see what happens to Doge.

Elon is indeed manipulating the price of Doge, but I think that he is doing that out of boredom and for some shits and giggles, and not because he wants to help some Dogecoin whales.

You have to ask yourself why would richest man on earth help some Dogecoin whales, when he can make some meme shitcoin himself and probably make hundreds of millions that way, if he wants.

He is simply having a field day with Doge and is probably amused how his single tweet can affect price so much.

It's something that has been on my mind, too. One thought is still bothering me, though.
Why is Bitcoin listed as a financial asset in Tesla Inc. but not Dogecoin? If he truly believes in Dogecoin, why hasn't he backed it up with a few billion $.?

You know what they say: Put your money where your mouth is!

Gyfts

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Elon would accept doge for the hell out it because it's great for marketing.

"Eccentric billionaire accepts meme coin", "Buy a Tesla with doge coin meme currency"

This guy loves attention, and Tesla's stock is massively over valued, so the moment he's out of the spotlight, Tesla shares will sink.

Topic: 3.9million users took part in the Elon Musk poll; What will be Tesla's decision? - page 4. (Read 797 times)