Elon doesn't own Shiba? - page 4. | Bitcointalksearch.org

gwdf1

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Quote from: rhodelmabanal on October 25, 2021, 01:31:26 PM

I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

Elon Musk can influence a lot this market. We observed it in spring that he can pump the price just tweeting something connected with crypto. This way we saw how meme coins especially Doge coins and Shiba Inu went up and down several times. He still has an impact, but I think that Shiba ceases to be a meme coin and soon it will not be so vulnerable to his tweets.

AmoreJaz

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Quote from: asriloni on October 25, 2021, 06:04:12 PM

Quote from: rhodelmabanal on October 25, 2021, 01:31:26 PM

I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

It could be a long term impact but if there are lots of die hard hodlers on shiba and this will not give any impact to the price, elon was also saying that if he has no coin other than bitcoin, ethereum and doge coin. The shiba community was putting big expectation for elon to own some shiba and shiba was always tweeting his prediction so many times about that. Elon was taking the right decision by confirming it on the shiba's twitter.
It can be seen from the weekly chart of CMC if shiba was recovering again from the dump despite the fact that elon didn't hodl it but shiba has bunch of die hard hodlers. https://coinmarketcap.com/currencies/shiba-inu/
You can even check it directly on CMC. it can be said that if elon's tweet didn't have any impact to the price of shiba inu. This is crypto once someone can become a die hard hodlers for any coins. I didn't even think if this was only his trick to make the price to be dumped but I'm sure that it's his honest opinion.

for me, elon's answer is pretty straightforward and that's good, so people hopefully will stop speculating if in case elon will support this meme token for nothing. people should realise that this token has no real use case in the first place and it became popular just because of what? though binance listed this token, it doesnt mean they can stay long in that exchange. once people are tired of riding this meme hype, and no one is interested anymore, i don't think they will be actively trading for years.
maybe the one who asked in twitter is hoping that elon will answer differently, like if he owns a lil bit and then hoping the price will skyrocket for no reason.

kawetsriyanto

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Elon Must doesn't care about Shiba Inu future, he just makes hype to any coin he wants. If he cares, he must hold or have some SHIB. Or he didn't reply "none" at least. I don't know why SHIB holders always follow his tweets, he isn't the developer of Shiba Inu project. Look at what he did, he even said having no SHIB on his wallets. I am sure he is very aware saying this, it probably triggers the price to drop massively.

asriloni

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Quote from: rhodelmabanal on October 25, 2021, 01:31:26 PM

I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

It could be a long term impact but if there are lots of die hard hodlers on shiba and this will not give any impact to the price, elon was also saying that if he has no coin other than bitcoin, ethereum and doge coin. The shiba community was putting big expectation for elon to own some shiba and shiba was always tweeting his prediction so many times about that. Elon was taking the right decision by confirming it on the shiba's twitter.
It can be seen from the weekly chart of CMC if shiba was recovering again from the dump despite the fact that elon didn't hodl it but shiba has bunch of die hard hodlers. https://coinmarketcap.com/currencies/shiba-inu/
You can even check it directly on CMC. it can be said that if elon's tweet didn't have any impact to the price of shiba inu. This is crypto once someone can become a die hard hodlers for any coins. I didn't even think if this was only his trick to make the price to be dumped but I'm sure that it's his honest opinion.

bitgov

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Quote from: Baofeng on October 25, 2021, 05:53:01 PM

Probably another trick in Elon Musk book, (1) if someone ask him how much "x" cryptocurrency he owns, he will say no (2) it will have a domino effect on that "x" coins pulling the price down (3) Elon Musk buy a ton (4) change his stance and he said he bought some (5) the price spike, (6) more money again for him.

So for me I wouldn't bother to read his tweet or whatsnot. We should decide for ourselves and not blindly listen to any crypto influencer, not only Elon Musk.

I really like your ecenario. In your opinion, we should now buy SHIBA and wait for Elon Musk's new tweet, but this time with positive news for SHIBA.
I think this idea is worth risking a few bucks

If there is a positive tweet about SHIBA on Musk's profile, I will ask you for your BTC address to transfer some satoshi Wink

livingfree

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Quote from: ene1980 on October 25, 2021, 05:44:31 PM

Quote from: livingfree on October 25, 2021, 04:23:28 PM

Whether Elon says he owns or not.

You shouldn't be the one that's just waiting for his approval and what to pump.

What you said is the basic common sense but there is a huge fan following who is jumping into anything he says because his FUD has created them wealth. He has done that in the stock market and we know what he used to do in the cryptocurrency market shilling coins and that had huge impact on the market he is advertising simply because his followers are purchasing anything he says in large quantities.

That's their mistake.

If they rely their investing technique to Elon, all of them are likely to get doomed for sure. See how he reacts on the market and tells confidently that he doesn't own any but has been happy with the pumping with his starter?

Many will really be deceived by his attitude towards shiba.

Vaculin

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Quote from: rhodelmabanal on October 25, 2021, 01:31:26 PM

I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

That is simple, Elon Musk doesn't like the Shiba Inu project, and that he ruins it, but later on, he got a plan to invest and make hypes again. A way to manipulate the price and take advantage of it while holders are selling their coins at a low price. Might say it was a dirty tactic but seems effective since these whales have the influence to make a huge recovery.

Thi is just my assumption but can be possible in real life.

Baofeng

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Probably another trick in Elon Musk book, (1) if someone ask him how much "x" cryptocurrency he owns, he will say no (2) it will have a domino effect on that "x" coins pulling the price down (3) Elon Musk buy a ton (4) change his stance and he said he bought some (5) the price spike, (6) more money again for him.

So for me I wouldn't bother to read his tweet or whatsnot. We should decide for ourselves and not blindly listen to any crypto influencer, not only Elon Musk.

ene1980

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Quote from: livingfree on October 25, 2021, 04:23:28 PM

Whether Elon says he owns or not.

You shouldn't be the one that's just waiting for his approval and what to pump.

What you said is the basic common sense but there is a huge fan following who is jumping into anything he says because his FUD has created them wealth. He has done that in the stock market and we know what he used to do in the cryptocurrency market shilling coins and that had huge impact on the market he is advertising simply because his followers are purchasing anything he says in large quantities.

bitgov

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Quote from: Yogee on October 25, 2021, 05:25:29 PM

Quote from: rhodelmabanal on October 25, 2021, 01:31:26 PM

.... despite being a highly influential figure for that community.

It's their fault for assuming that he may be interested with Shiba. These people should have known better not to use the most influential people in the crypto space in their attempt to market their token. It happened with Vitalik and now with Elon. They can start over again now that things are clear.

The marketing team took the risk by asking Elon Musk about it. I think they realized what the consequences could be. In my opinion, they made this decision fully consciously. They probably counted on a positive turn of events and a huge increase in price, as in the case of DOGE. Unfortunately, they were wrong. Now they will have to work a lot more to improve SHIBA's image. As we can see, it's not worth taking shortcuts.

zonefloor

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Elon Musk has suddenly become the cheerleader of the cryptocurrency market. The impossible cryptocurrencies have come to impossible prices. He officially mocked people and the investments people made. Currently, he manipulates the cryptocurrency market very well, using both the power of his money and the power of his name. Honestly, I think he manipulates it very well, even on shiba. With this tweet, he caused the shiba to lose value. Then, with these price losses, I think he collected the shiba during this decline. In short, while Elon Musk adds wealth to his wealth with such manipulations, small investors are doomed to lose.

Yogee

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Quote from: rhodelmabanal on October 25, 2021, 01:31:26 PM

.... despite being a highly influential figure for that community.

It's their fault for assuming that he may be interested with Shiba. These people should have known better not to use the most influential people in the crypto space in their attempt to market their token. It happened with Vitalik and now with Elon. They can start over again now that things are clear.

DarkDays

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Quote from: rhodelmabanal on October 25, 2021, 01:31:26 PM

I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Yh, well then the coin shouldn't be so dependent on what people affirm - until now this has only been speculation but now Elon's holdings of this pump meme coin has been confirmed and if this was not seen as oncoming by investors in Shiba Inu then there's nothing much to say other than - next time choose better. Take it as a lesson, learn from it and move on. It is just how it works.

bitgov

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Quote from: rhodelmabanal on October 25, 2021, 01:31:26 PM

I found a news that the Shiba Inu commuity is not happy with Elon Musk. $SHIB crashed after Musk revealed he didn’t own it and only had BTC, ETH and DOGE. Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu.

Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community.

I think this will have an effect with the Shiba price but not a big effect because Shiba is still at 0.000042$ at price even if Elon musk revealed he doesn't own Shiba what was your thoughts on this folks?

Investors in SHIBA or even the dev team itself cannot blame Elon Musk, because it was not his idea to talk about it.
It was the marketing team of SHIBA who asked Elon Musk how much SHIBA he have and he replied "none":
Unfortunately, it looks like it was just a marketing team's mistake.

BayAngelo

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Believe it or Not, Elon is so obsessed with Shibu. the community behind shibu is soo strong and elon can't believe how shibu raises soo fast. the possibility of seeing shibu displaced Dogecoin is highly possible. the reason he promotes his dogecoin is because he single handedly pushed degocoin to its current position. it will be difficult to see him loose

lalabotax

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Elon is one of the reasons why Dogecoin (the meme coin) could rise and pump so highly at that time.
And if he revealed that he owns Shib it will replace Doge and maybe that is not his plan. Because probably, he still has some of the other plans to pump Doge again. We know that we are heading to the altcoin seasons and this is not impossible if the chance of Doge to be pumping up will happen again because of the Elon tweet
I know that many people don't want to hear again about Elon's tweet. But in fact, hist tweet still gvies big infleunces, like for Shiba itself.

crzy

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We don’t literally know if its true or not but of course, Elon is a hype guy so maybe he is just spreading FUD and he really knows the effect of this. If SHIBA reacts on just one tweet, I’m pretty sure it is being manipulate by a whales and its too risky for the trader so always trade wisely.

livingfree

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Elon is just playing around and people are following him. Those followers that always kept on waiting for his signals, you shouldn't be dependent to him or else you're going to do it very wrong.

Whether Elon says he owns or not.

You shouldn't be the one that's just waiting for his approval and what to pump.

ololajulo

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I seriously don't want to hear of any Elon musk affiliation with any project. It is even healthy for the project to stay off Elon musk since the doge coin and dump tweet in May.

2double0

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I'd happily believe that he has any of those coins if he turns around and then inversely says that he has any Shib in his portfolio or whatever names he gives. Elon Musk seems to be a joker who cracks a joke during his free time, spare him for whatever he does to try and increase the value of some coins which have the potential to grow slowly and doesn't need his support.

Topic: Elon doesn't own Shiba? - page 4. (Read 448 times)