Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 14. (Read 8882 times)

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.

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.

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.


Yeah, with 1000 employees. Stark pulled it off by himself.

He's hiping a lot about it. But it doesn't exclude his involvement

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,


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,

^^
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.

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

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.

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.

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

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.

@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?  

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.

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

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.

^^ Right @ tjtonmoy  

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

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.

McAfee and Musk are complete polar opposites in my point of view.
John was a recluse and ran to another country when he didn't want to pay taxes and the government was hunting him down for it.
While Elon is outgoing as you can see in the above photo at the World Cup in the so called Owner's box of the event and is completely transparent in his business affairs.
Which does pose a threat to the United States national security as the Biden administration is condemning him for now with this selfie post by a foreign propagandistic iinfluencer of the russian type persuasion.

There was an Oscar winner in this years Academy awards which puts a spotlight on such people in the media but in this case they were against the empire.

It's all business, Elon Musk is smart and a smart rich man who is out of cryptocurrency don't know what he is doing, another rich figure that's into crypto is Kiyosaki, Elon already is a popular figure and he careful choose Doge coin for some reason, if you look at things carefully Doge coin is still better than many altcoins in crypto space.

The case of John McAfee was different, Elon won't end up like McAfee because I was present when McAfee was shilling useless tokens, resulting in big losses and a few of the shitcoins exits scam, this is one of the reasons why SEC was after McAfee before he died.

I think he has too much influence to begin with (as an individual). He owns company that sells the most EVs probably globally. He owns the most influential website (Twitter) for sure and his name "Elon Musk" became a brand. So when he promotes crypto, Doge, Bitcoin or anything other. We must embrace it. Elon Musk is a whale that people should have good relations. If not he can go other way and damage reputation of anything he dislikes. I hope he will keep loving and supporting crypto. I guess he sees crypto as innovation so probably likes its existence.

This CEO of Twitter, SpaceX, Tesla & The Boring company seems to always be in the news and it is usually controversial.
He has grew the ire of the U.S government administration because this is where all of his companies reside and him taking a selfie with a russian state-controlled TV personality.
Which in itself is very controversial with a current war happening and him being an American business man posting the encounter on her tik-tok.


source: https://www.bloomberg.com/news/features/2023-03-21/how-buying-twitter-made-elon-musk-one-of-joe-biden-s-biggest-headaches