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Topic: Elon Musk accidentally created a new cryptocurrency. WTF? - page 2. (Read 5145 times)

jr. member
Activity: 211
Merit: 1
A man with hundreds of billions of dollars cannot be predictable. His thinking is beyond the reach of any of us. Therefore, all his tweets may have many hidden meanings that we do not even realize.
sr. member
Activity: 1512
Merit: 397
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Well now we know this is not true. But Elon Musk now said he will accept Bitcoins for Tesla payments. This is since mix of energy sources leveraged by Bitcoin miners has reached sustainables of 50%.

https://www.thestreet.com/cryptocurrency/markets/elon-musk-said-tesla-to-resume-bitcoin-payments-after-crossing-this-threshold
At first I thought it was old news because a long time ago Elon Musk actually said that he would accept BTC and DOGE as payment for Tesla. But after I visited your link it turned out that Elon Musk had resumed accepting BTC for Tesla payments.
I don't know what Elon Musk is thinking because honestly this man is really unpredictable  Grin
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Well now we know this is not true. But Elon Musk now said he will accept Bitcoins for Tesla payments. This is since mix of energy sources leveraged by Bitcoin miners has reached sustainables of 50%.

https://www.thestreet.com/cryptocurrency/markets/elon-musk-said-tesla-to-resume-bitcoin-payments-after-crossing-this-threshold
newbie
Activity: 68
Merit: 0
He fully realizes that and that's exactly why he continues his manipulations. And that's also why he doesn't run his own coin as it's more funny to manipulate something that's not linked to you anyhow.
jr. member
Activity: 211
Merit: 1
They're just shitcoins, but I also appreciate Elon Musk for bringing some excitement to the cryptocurrency market. However, I still wish he would create his own product, one with practical real-world applications, instead of these jokes like Dogecoin and Floki...

And what do you say about the fact that Musk with one tweet could affect the movement of bitcoin and because of this thousands of people lost millions of dollars in liquidation. Personally, I don't think that's a good tone. A man of his stature should realize that!
newbie
Activity: 4
Merit: 0
They're just shitcoins, but I also appreciate Elon Musk for bringing some excitement to the cryptocurrency market. However, I still wish he would create his own product, one with practical real-world applications, instead of these jokes like Dogecoin and Floki...
newbie
Activity: 68
Merit: 0
Those same people have no idea about crypto.  Floki is unnecessary and eventually memes will all just kind of fade away, there is no serious project behind it.  Just like with jokes after awhile it gets old and people move on.  I'd steer clear of anything that was created like this.  They are just greedy pump toys for a few which will reck a ton of people.
I agree with you, but for some reason most of mommies "investors" are ready to spend all they have for something that is on hype. Not thinking that it will disappear as soon as it entered the market. That's much easier than thinking of your own strategy and research. And you can tell everyone that you have a PORTFOLIO, haha.
jr. member
Activity: 211
Merit: 1
I won't be so sure. Floki and Shiba coins got so much attention that they can easily grow even without any big investments of its creators. They don't even need to spend money on marketing. So that's the ideal way. And many people still believe it's promising.

Those same people have no idea about crypto.  Floki is unnecessary and eventually memes will all just kind of fade away, there is no serious project behind it.  Just like with jokes after awhile it gets old and people move on.  I'd steer clear of anything that was created like this.  They are just greedy pump toys for a few which will reck a ton of people.

Do you think in the next bull cycle we'll see another big dump floki and shiba?
legendary
Activity: 3598
Merit: 1406
I won't be so sure. Floki and Shiba coins got so much attention that they can easily grow even without any big investments of its creators. They don't even need to spend money on marketing. So that's the ideal way. And many people still believe it's promising.

Those same people have no idea about crypto.  Floki is unnecessary and eventually memes will all just kind of fade away, there is no serious project behind it.  Just like with jokes after awhile it gets old and people move on.  I'd steer clear of anything that was created like this.  They are just greedy pump toys for a few which will reck a ton of people.
newbie
Activity: 68
Merit: 0
Well, if you believe that one mention of Musk's op Musk can generate x5-x10 returns, and it doesn't require the work of a market maker, then all you have to do is wait for Elon to say something about a token you have in your portfolio.
Exactly. If he will mention your project, you won't need any additional marketing campaign. But the chance is quite low, so you still have to make a great work for growing a coin. Nothing is given easily.
jr. member
Activity: 211
Merit: 1
Well, if you believe that one mention of Musk's op Musk can generate x5-x10 returns, and it doesn't require the work of a market maker, then all you have to do is wait for Elon to say something about a token you have in your portfolio.
newbie
Activity: 68
Merit: 0
They're going to have to spend money on marketing anyway. They'll need to spend money on a market maker, and they'll need to spend money to run the pamp and maintain it so everyone keeps buying and driving up the price.
Elon will mention them once again and that's it. No need for big investments. Just check the twitter how many people there support these coins. No matter it's been a long time I hadn't heard any news about them. It continues to live in people's minds.
jr. member
Activity: 211
Merit: 1
They're going to have to spend money on marketing anyway. They'll need to spend money on a market maker, and they'll need to spend money to run the pamp and maintain it so everyone keeps buying and driving up the price.
newbie
Activity: 68
Merit: 0
I won't be so sure. Floki and Shiba coins got so much attention that they can easily grow even without any big investments of its creators. They don't even need to spend money on marketing. So that's the ideal way. And many people still believe it's promising.
jr. member
Activity: 211
Merit: 1
Talking about Floki, atleast they made utilities, Spnsorships, donations etc.

It is just timing and coincidence!

However, it's just a meme that does nothing useful except inflate a soap bubble that will eventually burst and then inflate a few more times to burst again
newbie
Activity: 29
Merit: 1
Talking about Floki, atleast they made utilities, Spnsorships, donations etc.

It is just timing and coincidence!
newbie
Activity: 68
Merit: 0
X token, for once, is up over 1400% in the past 24 hours, skyrocketing following the news broke out. But is that somehow connected to Musk? I think no, it's just a coincidence. But again it's another case when Musk manipulated the market.
jr. member
Activity: 211
Merit: 1
He's not thinking about creating a new cryptocurrency right now! He's currently thinking about creating a new corporation called X. And I think that in his corporation the main means of payment will be cryptocurrencies! The question is will it be his favorite Doge or something new?
newbie
Activity: 68
Merit: 0
Predicting is difficult, but it is not impossible to predict future market prices. it is only related to its accuracy or not. predictions won't give 100% accuracy, but it will give a clear picture for the future market. Instead of just assuming predictions, you should make your own predictions. It's not good to trust other people's predictions, but see how your predictions are so far, whether they provide many benefits or vice versa.
Maybe you're right, but for me it still looks almost the same as going to a fortune teller Smiley She can guess something and there will be true things also, but on the whole, it will be very generalized. So you're right, the best decision is to believe in yourself only.
legendary
Activity: 1918
Merit: 1157
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Everyone believe like that, haha. But for some reason it doesn't work perfectly. Too many people lose more than earn as it's hard to predict the market movement. Personally I don't believe in any "expert's" 100% predictions.

Predicting is difficult, but it is not impossible to predict future market prices. it is only related to its accuracy or not. predictions won't give 100% accuracy, but it will give a clear picture for the future market. Instead of just assuming predictions, you should make your own predictions. It's not good to trust other people's predictions, but see how your predictions are so far, whether they provide many benefits or vice versa.
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