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Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 13. (Read 8576 times)

legendary
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During twitter spaces today there was discussion about bitcoin and it being open source is a good thing for progression:
"You can literally see the code for yourself. #Bitcoin is open source. Open-source is good, it contributes to the robustness and making sure there are no exploits in the #bitcoin system."

https://twitter.com/DocumentingBTC/status/1644011094036426752
legendary
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I see Musk as a strategist. He only works with something that will be beneficial to him. It's quite uncertain to me whether Musk's public show of interest in cryptocurrencies was/is purely to boost Tesla's value cause now he claims he is interested in AI. In my opinion, it’s still facts that Elon had to do what he did with crypto cause he found it beneficial for him. Also, considering his announcement in 2021 when he chose to drop Bitcoin as a payment option we could see the impact it had on Bitcoin. He may not necessarily be promoting Bitcoin cause he wants to live through that, he only uses things for the benefits and jumps onto the next just as he’s about to do with AI

Still see Elon Musk as a strategist after he trashed the company's logo and the For You timeline and starting arbitrarily revoking people's legacy verified badges?

Because if his goal was to drive advertising revenue away from Twitter, he's doing a really great job at it so far.

he can surely do an AI just like in the Iron Man movies

Yeah, with 1000 employees. Stark pulled it off by himself.
Did he do that before or after his statement about sharing advertising revenue with creators on twitter?
https://decrypt.co/120535/elon-musk-twitter-share-ad-revenue-creators

As a corporation it seems to not be bleeding as much with all those cuts and even Google have just started doing the same taking a chapter out of their playbook.
sr. member
Activity: 1498
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I never expected anything less from a man like Musk, many people are saying he can't manage Twitter and some are saying he had lost a lot since he took over Twitter, where are you guys now? I knew this man is up to something, a single Tweet about Dogecoin yesterday the whole market get into good shape again, I thought the Hype was gone as many said, Dogecoin and Shiba inu will still surprise a lot of people in 2024, but I have a good feeling about this. Elon is coming with the least surprise anyone could ever think about. This move benefits Bitcoin and even Ethereum, if think I am wrong? then you must be blind.

I think this shows how Musk always have a significant influence on cryptocurrencies. Remember when he announced that Tesla will accept cryptocurrency as payment and then the price of Bitcoin rise up? Then when he announced that Tesla would no longer accept Bitcoin as payment, citing concerns about the environmental impact of Bitcoin mining, the price of bitcoin dropped and a wider discussion about the energy consumption of cryptocurrencies became controversial across the world. It seems like whatever he does, his statements and actions have the power to shape public perception towards crypto. People made him so relevant.
full member
Activity: 868
Merit: 202
I never expected anything less from a man like Musk, many people are saying he can't manage Twitter and some are saying he had lost a lot since he took over Twitter, where are you guys now? I knew this man is up to something, a single Tweet about Dogecoin yesterday the whole market get into good shape again, I thought the Hype was gone as many said, Dogecoin and Shiba inu will still surprise a lot of people in 2024, but I have a good feeling about this. Elon is coming with the least surprise anyone could ever think about. This move benefits Bitcoin and even Ethereum, if think I am wrong? then you must be blind.

I see it a bit funny when people are a bit skeptical of Musk in leading Twitter, like come on he is a CEO who has successfully built several large global companies, he is not a teenager who has just led a company, he has experience even since the fall of x.com. So I think that what Musk is doing now will definitely have a positive impact on himself and his business and globally.
copper member
Activity: 1316
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I see Musk as a strategist. He only works with something that will be beneficial to him. It's quite uncertain to me whether Musk's public show of interest in cryptocurrencies was/is purely to boost Tesla's value cause now he claims he is interested in AI. In my opinion, it’s still facts that Elon had to do what he did with crypto cause he found it beneficial for him. Also, considering his announcement in 2021 when he chose to drop Bitcoin as a payment option we could see the impact it had on Bitcoin. He may not necessarily be promoting Bitcoin cause he wants to live through that, he only uses things for the benefits and jumps onto the next just as he’s about to do with AI

Indeed, he is a smart businessman and won't do anything without purpose & with millions of followers on twitter, he can influence the market to great extent for his benefit. We have witnessed huge market reaction after his tweets about crypto. His involvement in crypto industry has added value to this industry as well as created interest of general public in crypto because he is generally regarded as a successful entrepreneur.
sr. member
Activity: 728
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I never expected anything less from a man like Musk, many people are saying he can't manage Twitter and some are saying he had lost a lot since he took over Twitter, where are you guys now? I knew this man is up to something, a single Tweet about Dogecoin yesterday the whole market get into good shape again, I thought the Hype was gone as many said, Dogecoin and Shiba inu will still surprise a lot of people in 2024, but I have a good feeling about this. Elon is coming with the least surprise anyone could ever think about. This move benefits Bitcoin and even Ethereum, if think I am wrong? then you must be blind.
legendary
Activity: 1568
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I see Musk as a strategist. He only works with something that will be beneficial to him. It's quite uncertain to me whether Musk's public show of interest in cryptocurrencies was/is purely to boost Tesla's value cause now he claims he is interested in AI. In my opinion, it’s still facts that Elon had to do what he did with crypto cause he found it beneficial for him. Also, considering his announcement in 2021 when he chose to drop Bitcoin as a payment option we could see the impact it had on Bitcoin. He may not necessarily be promoting Bitcoin cause he wants to live through that, he only uses things for the benefits and jumps onto the next just as he’s about to do with AI

Still see Elon Musk as a strategist after he trashed the company's logo and the For You timeline and starting arbitrarily revoking people's legacy verified badges?

Because if his goal was to drive advertising revenue away from Twitter, he's doing a really great job at it so far.

he can surely do an AI just like in the Iron Man movies

Yeah, with 1000 employees. Stark pulled it off by himself.
newbie
Activity: 72
Merit: 0
He's hiping a lot about it. But it doesn't exclude his involvement
legendary
Activity: 3038
Merit: 1169
I see Musk as a strategist. He only works with something that will be beneficial to him. It's quite uncertain to me whether Musk's public show of interest in cryptocurrencies was/is purely to boost Tesla's value cause now he claims he is interested in AI. In my opinion, it’s still facts that Elon had to do what he did with crypto cause he found it beneficial for him. Also, considering his announcement in 2021 when he chose to drop Bitcoin as a payment option we could see the impact it had on Bitcoin. He may not necessarily be promoting Bitcoin cause he wants to live through that, he only uses things for the benefits and jumps onto the next just as he’s about to do with AI

Well, the problem with benefiting from Bitcoin, the benefits is continues, even if he is just using Bitcoin or cryptocurrency that is if he still has Bitcoin in his wallet his money will surely continue to grow at an exponential rate, right now bitcoin is at the peak price right now as I am posting this the currency value of Bitcoin is at $28,228.42 USD but if he saw no potential for bitcoin at all he will surely drop all conversation and not speak of another cryptocurrency again, I think even though he is promoting AI bitcoin can still go hand in hand with AI as well, because bitcoin is not only bound with 1 aspect but is currently innovating in everything it encounters,

^^
He certainly is a strategist especially with what had just happened on the platform with just going and changing the original logo which was it's staple and everybody knew it for:

With just saying "As promised!"
https://twitter.com/elonmusk/status/1642976364080041984

He will most certainly put this attention in his favor and since his other company Tesla holds BTC you can count he will change it up at a later date to focus on the king of all cryptocurrencies.
This is just an inroad.


This piece of art will age like a fine wine.

Twitter is just weird and it became even weirder if Elon Musk owns it now, and apparently, I am not getting used to seeing a Twitter logo be DOGE well this goes to show the power of Elon Musk he can do partially anything, surely this will not age and it now becomes a new meme in social media currently Elon Musk can now start his own NASA because of that wealth he has right now, and while funding AI and because his tesla cars is really that famous right now and surely it got that complicated AI stuff in it just to drive the car automatically he can surely do an AI just like in the Iron Man movies, well I could be wrong because he might have his own right now but I have seen some new that Elon wants to pause AI here is the LINK While Bill Gates rejects in pausing AI because it is impractical here is the LINK to the news,
legendary
Activity: 2828
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^^
He certainly is a strategist especially with what had just happened on the platform with just going and changing the original logo which was it's staple and everybody knew it for:

With just saying "As promised!"
https://twitter.com/elonmusk/status/1642976364080041984

He will most certainly put this attention in his favor and since his other company Tesla holds BTC you can count he will change it up at a later date to focus on the king of all cryptocurrencies.
This is just an inroad.


This piece of art will age like a fine wine.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
I see Musk as a strategist. He only works with something that will be beneficial to him. It's quite uncertain to me whether Musk's public show of interest in cryptocurrencies was/is purely to boost Tesla's value cause now he claims he is interested in AI. In my opinion, it’s still facts that Elon had to do what he did with crypto cause he found it beneficial for him. Also, considering his announcement in 2021 when he chose to drop Bitcoin as a payment option we could see the impact it had on Bitcoin. He may not necessarily be promoting Bitcoin cause he wants to live through that, he only uses things for the benefits and jumps onto the next just as he’s about to do with AI
hero member
Activity: 2926
Merit: 722
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Elon has been a big meme guy so it doesn't come as a surprise that between bitcoin and Dogecoin, the guy will pick the latter. Although honestly speaking, I don't think he's doing all of this in an attempt to realizing uis philantrophistic worldviews and make the world a better place by making everybody onboard the crypto train rich, I have a hunch that he's doing tuis for personal gain to maybe artificially pump his DOGE reserves and make Tesla's value appreciate once again just like what it did in the past or perhaps something along those lines. After consistently shooting himself in the foot countless times, it's just getting harder and harder to trust the guy.
When you are a billionaire then whatever things comes into your mind then you would definitely do it.It is really just that the masses do really give out importance on whatever this identity would be doing.

Criticism isnt something new or shocking thing on which whenever you do there's always some con's or negative would be thrown or there would be those people who would really be doubting you.

We dont know on whats up on Elons head whether he do all of these things to boost up and make some marketing on his Tesla, SpaceX or whatsoever in connection with his companies
but we arent that blind on how these companies been doing in terms of popularity and significance.
hero member
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Elon has been a big meme guy so it doesn't come as a surprise that between bitcoin and Dogecoin, the guy will pick the latter. Although honestly speaking, I don't think he's doing all of this in an attempt to realizing uis philantrophistic worldviews and make the world a better place by making everybody onboard the crypto train rich, I have a hunch that he's doing tuis for personal gain to maybe artificially pump his DOGE reserves and make Tesla's value appreciate once again just like what it did in the past or perhaps something along those lines. After consistently shooting himself in the foot countless times, it's just getting harder and harder to trust the guy.
legendary
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Twitter changes their logo from the original blue bird to a dog meme that is alot like the shiba inu Dogecoin about an hour ago.

https://twitter.com/unusual_whales/status/1642946144815943683

Causing the coin to spike about 19.5% since it happened.

Elon even responds to this happening with a rather entertaining suggestion about dogecoin:
https://twitter.com/elonmusk/status/1642962756906418176
legendary
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An interesting find @danherbias07 so thanks for bringing this with the coding words into his meme posts into focus for us.
But if pumping the price of any altcoin and the influencer is aware of this form their followers, then isn't this manipulating the market for that one altcoin?
He was alright in court once for such claims when it came to his other company's stock and telling investors to sell then dumping the stock.
legendary
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@rdbase It looks to me like it was just scripted. Either to pump Dogecoin or just to remind people that he owns Twitter because I think they are forgetting it with all the new apps coming out that are way better than it. IMO, buying Twitter was a failed experiment but if that is where his fun is coming from then who are we to stop it?  Cheesy

He may have pumped the price of Dogecoin after that tweet but it was never long-term. Either investors are starting to see what is really happening or they are just sick about all these pumps and dumps whenever his name is glued into one cryptocurrency, there's no stability, and they may have been losing a lot of money whenever he tries to get out without any warning at all.

He should just go back to where he is good at and if AI is his target now then he should just focus on it. Maybe it will make some profits that would patch the losses from his Twitter investment.

But I don't think he is done with crypto yet.
Like this guy who had been dissecting his tweets using gematria. (the substitution of numbers for letters of the Hebrew alphabet)
https://www.youtube.com/watch?v=cZQ0x0ERWz8
First, was the spongebob meme with a "neenah" code.  = Dogelon Mars
Then, this popular Ben Affleck matrix with "prettycooltime" encoded in it. = Dogelon to the Mars.

Assuming this dude is right, he is secretly sending messages to investors about what to buy.
legendary
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He tweets about dogecoin and it surges in price, common knowledge about the twitter CEO and his infamous tweets about anything to do with crypto.
But did you know he has a dogecoin programmer who works at twitter and he frequently mentions about the coin on the platform?
There is even a picture of the doge coder in the latest tweet last week about it:


https://bitcoinist.com/dogecoin-surges-4-due-to-this-elon-musk-tweet
https://u.today/doge-price-up-4-as-elon-musk-mentions-dogecoin-in-provocative-tweet
legendary
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Elon Musk says Twitter is now worth less than half of the $44 billion paid less than 7 months ago.
https://www.tmz.com/2023/03/26/elon-musk-twitter-worth-20-billion-bought-44-billion-email
https://www.theverge.com/2023/3/26/23657182/elon-musk-twitter-employee-stock-grants-valuation
https://www.theguardian.com/technology/2023/mar/26/elon-musk-twitter-value-leaked-memo-less-than-half-paid

Atleast he had a good time at being The Big Boss of the Socials and seemed to have fun at trolling everybody he had any sort of contempt towards while doing it.
So probably worth the over $20+billion he overpaid after all is said and done, for this richest man of the world.
legendary
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^^ Right @ tjtonmoy  Grin

Elon has lost interest in cryptocurrency and his new fascination is in artificial intelligence.

"Elon Musk, CEO of SpaceX and Tesla, has been a prominent figure in the world of cryptocurrency, especially Dogecoin. According to  recent tweets, it appears that he may have lost enthusiasm for the meme-inspired cryptocurrency, as he has expressed a newfound interest in AI.
Given Musk’s current fascination with AI, it’s possible that he could have an interest in RenQ Finance, as the platform is designed to be AI-friendly. This means that it can integrate AI technologies to enhance it's services and improve the user experience.
However, this shift in interest has caused concern among DOGE investors regarding the future of their investments. In this article, we will delve into the recent developments surrounding Elon Musk and Dogecoin, as well as provide insights on Cardano (ADA) price predictions. Additionally, we will examine how RenQ Finance is poised to lead defi space in 2023.

Elon Musk and Dogecoin (DOGE)
Musk’s tweets have historically had a substantial impact on the price of Dogecoin. However, his recent social media activity suggests a waning interest in cryptocurrency. On March 3, 2023, Musk tweeted, “I used to be in crypto, but now I got interested in AI." Additionally, in the previous month, the tech mogul warned of AI being one of the most significant threats to the future of humanity. Back in July 2020, Musk predicted that AI would be ‘vastly smarter’ than humans and would surpass us by 2025.

These remarks have contributed to a significant decline in the price of DOGE. As of March 20, 2023, the cryptocurrency’s value had decreased by approximately 4.30% over the last 24 hours, trading at $0.07, with a market capitalization of roughly $9 billion."
source from article at:
https://www.analyticsinsight.net/elon-musk-loses-interest-in-dogecoin-doge-cardano-ada-price-prediction-renq-finance-renq-to-lead-the-defi-space-in-2023
sr. member
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The whole crypto industry exists on people's belief. If no one shows any interest on any kind of crypto then it's doomed. But it's not a bad thing by any means. People do trust crypto today and will continue to do so in the coming future. But when in comes to following one person to trust the whole system is kind of foolish from my POV.
And on a recent tweet of Elon, he said and I quote “I used to be in crypto, but now I got interested in AI"


I don't know if he is still going to support crypto like he did before.
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