Topic: Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July (Read 1196 times)
July 27, 2021, 11:37:45 PM
it looks like the two are working on a strategy with regards to bitcoin. I think we should just get used to these two figures and stay focused on bitcoin and don't be swayed by anything
July 27, 2021, 09:25:05 PM
I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.
True. Elon Musk and Jack Dorsey control the Bitcoin market with Twitter. If Twitter was deleted the next day, watch how different the market will be afterwards.
In my opinion their tweets about bitcoin was such an annoying case. I don't even know why is exactly their motives behind their tweeted. But their tweets is out of our control, we just can control our response.
Also the market seems like always got an impacts because of their tweets.
July 27, 2021, 07:18:18 PM
I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.
True. Elon Musk and Jack Dorsey control the Bitcoin market with Twitter. If Twitter was deleted the next day, watch how different the market will be afterwards.
July 27, 2021, 02:59:46 AM
I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.
True, but their “star power”, and influence does not last. Elon Musk will be ignored, completely like Roger Ver before him, or maybe Michael Saylor after him in the future. The only Bitcoin personalities that deserves a following, and be sympathetic to is the Core developers in my opinion.
July 27, 2021, 12:39:33 AM
I really dislike this cult of personality bullshit. Bitcoin doesn't need these people. They have far too much star power. This can be used to manipulate the market. They can send a FUD tweet out, while short 100X then go 100X long and send a positive tweet. rinse / repeat.
July 27, 2021, 12:11:28 AM
Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
What’s too late? Read all the posts in the topic. I believe NOT ONE of those posts are sympathetic towards Elon Musk after the trolling he did.
Do you think we could measure the influence Elon Musk has regards bitcoin by bitcointalk forum's posts? It's normal his influence will be near to zero on this forum, since it's a bitcoin community and anything or anyone harming it won't find any support here. But the crypto market goes much beyond bitcointalk forum and there are a lot of people who are, unfortunatelly, sympathetic to him.
No, but we could measure Elon Musk’s influence by watching what the other billionaires are doing. Did the other billionaires dump their Bitcoins because Elon Musk listened and tweeted FUD about Bitcoin?
I also believe that Elon is still going through a Bitcoin journey of his own. He’ll be changing his own opinions as he does the work in researching different Bitcoin topics, especially technical and development topics.
I think he had already a lot of informations about these topics before, otherwise he wouln't adopt bitcoin as payment method in Tesla at first point. His actions are more likely from a market speculator rather than a bitcoin apprentice.
Then he truly is in his own personal Bitcoin journey.
July 26, 2021, 08:42:27 AM
Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
What’s too late? Read all the posts in the topic. I believe NOT ONE of those posts are sympathetic towards Elon Musk after the trolling he did.
I also believe that Elon is still going through a Bitcoin journey of his own. He’ll be changing his own opinions as he does the work in researching different Bitcoin topics, especially technical and development topics.
I think he had already a lot of informations about these topics before, otherwise he wouln't adopt bitcoin as payment method in Tesla at first point. His actions are more likely from a market speculator rather than a bitcoin apprentice. July 26, 2021, 01:13:41 AM
Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
What’s too late? Read all the posts in the topic. I believe NOT ONE of those posts are sympathetic towards Elon Musk after the trolling he did.
I also believe that Elon is still going through a Bitcoin journey of his own. He’ll be changing his own opinions as he does the work in researching different Bitcoin topics, especially technical and development topics.
July 25, 2021, 05:46:12 PM
After what happened last March, people are quick to realize that Elon is not really a visionary and a supporter of bitcoin but another dime-a-dozen manipulator of the market. His pumping of last year, followed by the retraction of all bitcoin payments on Tesla Supercars plus the fact that they apparently sold bitcoins as well is enough of a proof for people to stop idolizing him. His talk with Jack Dorsey this month, if any, will have little impact with the current price of bitcoin and most of all the amount of people who support them. Hopefully however they come up to something good here that will at least be beneficial to the cryptocurrency community in the future.
this two are just business men trying to make more profits from bitcoin and other alt coins, i dont really take Elon Musk too serious when it comes to cryptocurrency analysis and he does is to make tweets with the intent of manipulating market price.
so they meeting make no sense to me as it will not help the improvement of the bitcoin network
We can pretty much label them as another whale manipulator, but I am for the lack of a better word, concerned about how this talk will go, Elon and Jack still have some following within this community and depending on how this discussion will go, we may see another change in the market price, then again something that I really look forward to is if they have plans in the future that will concern us bitcoin investors and enthusiasts. so they meeting make no sense to me as it will not help the improvement of the bitcoin network
July 25, 2021, 03:12:11 PM
this two are just business men trying to make more profits from bitcoin and other alt coins, i dont really take Elon Musk too serious when it comes to cryptocurrency analysis and he does is to make tweets with the intent of manipulating market price.
so they meeting make no sense to me as it will not help the improvement of the bitcoin network
so they meeting make no sense to me as it will not help the improvement of the bitcoin network
July 25, 2021, 01:06:07 PM
He is playing along and his ultimate motive is to make money and he is doing that, anything he says in the cryptocurrency market i am not taking it seriously.
And what is wrong with that? If I was in Elon's position, and if I could influence millions of people and manipulate the stocks and cryptocurrencies, then I would do the same as well. The fault lies with the retarded people who blindly believes him. Look at how these idiots rushed to invest in Dogecoin, after Elon made a couple of tweets mentioning that coin. The fact that Doge was created to mock the entire idea of cryptocurrency didn't discouraged any of them to make huge investments with that shitcoin. So who is to blame here exactly?
It's not right someone who has more influence and capacity to abuse ignorant uneducated people to take advantage from them just because he can. That is what is wrong with this.
July 25, 2021, 08:01:22 AM
He is playing along and his ultimate motive is to make money and he is doing that, anything he says in the cryptocurrency market i am not taking it seriously.
And what is wrong with that? If I was in Elon's position, and if I could influence millions of people and manipulate the stocks and cryptocurrencies, then I would do the same as well. The fault lies with the retarded people who blindly believes him. Look at how these idiots rushed to invest in Dogecoin, after Elon made a couple of tweets mentioning that coin. The fact that Doge was created to mock the entire idea of cryptocurrency didn't discouraged any of them to make huge investments with that shitcoin. So who is to blame here exactly?
July 25, 2021, 07:48:37 AM
The meeting has helped to switch the market sentiment to a more bullish one. It may not be the only reason we are seeing green now, but it certainly helped. With this in mind we should hope to see more of these gatherings in the future and perhaps invite other Bitcoiners like Plan B, Pomp, the w twins, CZ etc..
I believe, the conference really did have a positive impact in the market. Maybe people are gaining confidence again towards crypto. But I do agree, we need real crypto experts to be in this conference, because they know the ins and outs already and they can very well explain it to the public. Though Musk and Dorsey are pro-crypto, yet, they are not the right people to talk about crypto in more in depth discussions.
July 25, 2021, 07:39:02 AM
Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It is not just the cryptocurrency investors that are dancing to his tune, there were others that started investing because of his influence in the market and in the past month i have seen many testimonials about investors earning millions because they followed the tweets of Elon Musk and there is no doubt he is able to influence the market, will see how long he will be able to do that.It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
He is playing along and his ultimate motive is to make money and he is doing that, anything he says in the cryptocurrency market i am not taking it seriously. July 25, 2021, 06:21:14 AM
I think Elon's take was very practical and something that is perhaps lost on many without business experience in the Bitcoin community. There is a problem with block congestion that hasn't been addressed well with a layer-1 solution. From Tesla's perspective, they're fine with people storing a certain amount of their funds on Coinbase and using Coinbase to make everyday transactions with vendors. That's a solution that works for them. It isn't ideal for Bitcoin, but for many businessman this is a better solution than using a second layer because there is accountability instead of trust.
Tesla can use the current banking system for that, no need for Bitcoin.
I believe Elon Musk is still walking his own Bitcoin journey, learning and like everyone walking their own journey, their insights about Bitcoin and opinions change. Elon is not the first, and will not be the last.
July 24, 2021, 09:22:06 PM
I think Elon's take was very practical and something that is perhaps lost on many without business experience in the Bitcoin community. There is a problem with block congestion that hasn't been addressed well with a layer-1 solution. From Tesla's perspective, they're fine with people storing a certain amount of their funds on Coinbase and using Coinbase to make everyday transactions with vendors. That's a solution that works for them. It isn't ideal for Bitcoin, but for many businessman this is a better solution than using a second layer because there is accountability instead of trust.
July 24, 2021, 06:23:20 PM
The meeting has helped to switch the market sentiment to a more bullish one. It may not be the only reason we are seeing green now, but it certainly helped. With this in mind we should hope to see more of these gatherings in the future and perhaps invite other Bitcoiners like Plan B, Pomp, the w twins, CZ etc..
I believe, the conference really did have a positive impact in the market. Maybe people are gaining confidence again towards crypto. But I do agree, we need real crypto experts to be in this conference, because they know the ins and outs already and they can very well explain it to the public. Though Musk and Dorsey are pro-crypto, yet, they are not the right people to talk about crypto in more in depth discussions.
July 24, 2021, 06:15:40 PM
Crypto investors gave too much power to Musk and now it's too late. The guy will keep using and abusing the status given to him. That is a very negative point for bitcoin investment, at least on short run, because personally I don't want my investment hostage of an individual. The market should be driven by many different investors' actions and not by a single man's tweets that change opinions every few days.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
It's clear as crystal Elon plays with his audience. Since the beginning he could have said he would accept bitcoin as payment method in Tesla if sustainable energy used in mining process was superior to 50%. He didn't need to start accepting it, then stop accepting it to finally say he would check the numbers. That is not a professional or responsible behavior. Avoid people like that.
July 24, 2021, 05:52:57 PM
Many people do not care about Elon Musk already because how he impacted Bitcoin prices that affected and loses billions of dollars in trading. I understand the frustration. But then, I believe we can take an advantage on riding the prices whenever what Elon Musk is talking about in his twitter. Maybe we can just go with the flow and take profit. 
Again there will be those people that will care for his words again.The market just came back and shows that it's recovery has been stable for a few days, yes just for a few days but that's already a lot to us. At the result of their meeting, that gave a positive sentiment to the market.
But for sure there will be people that won't care about his switch.
July 24, 2021, 05:06:11 PM
The meeting has helped to switch the market sentiment to a more bullish one. It may not be the only reason we are seeing green now, but it certainly helped. With this in mind we should hope to see more of these gatherings in the future and perhaps invite other Bitcoiners like Plan B, Pomp, the w twins, CZ etc..
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