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Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 14. (Read 6613 times)

sr. member
Activity: 1302
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Cashback 15%
I think he's in for crypto for a long term because he knows what crypto can offer at the long run, likewise he's in for the gains also, when he bought bitcoin we all know because he informed the whole world via his twitter account, when he sold at profit also we get to know a couple of months after from him indirectly and from a third party. I believe that a lot of people have get to know more about Tesla after promoting crypto few months ago. He's in for everything, the gain, the attention, to promote his Tesla and long term investment in crypto most especially dogecoin
legendary
Activity: 2828
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the running joke on twitter is:

stupid media (fox news and other crap news media) do not do any actual real reporting on real news events. instead they just glamourise whatever is trending/on twitter by using twitter as their news story sources.. without even bothering to validate if the tweets are real or jokes

many celebs are starting to do this. say silly things to see which silly news media outlet reports on the tweet.

some are also calling out all the crap news media where different stations read out the same story word for word. without any independent editorial checks
Yeah and some strong political motivations along with their morning cup of joe.

Imagine what these crap news media stations would do if Musk actually did own twitter.
He would be another Rupert Murdoch who owns Time warner, disney, etc etc.
Controlling the narrative of countless households across America.

-snip-
Yes he could, however, that might be within the legal jurisdiction of the SEC to charge him for selling and issuing illegal securities. Dogecoin is a cryptocoin issued through the utilization of proof of work. This is very much similar to bitcoin where the SEC cannot charge the issuers of the coin of the protocol.

What would be his purpose for shilling dogecoin if it was not to make money out of it? I reckon everyone who is presently here in the cryptospace is here to make money out of it.
Thought most just say "They are in it for the dubs.." urg.. I mean The Technology.

But all kidding aside,
Isn't this exactly what the feds are now going after all exchanges for?
They are suing Coinbase with insider trading with having these tokens listed on their exchange and having people who worked there trade them even before they were listed.
https://www.bloomberg.com/news/articles/2022-07-27/crypto-traders-rattled-by-sec-scrutiny-of-coinbase-listed-tokens

this was for anyone buying these so-called securities from coinbase without even knowing it:
https://blockworks.co/coinbase-hit-with-another-class-action-lawsuit-following-sec-allegations
legendary
Activity: 2926
Merit: 1440
That's just a marketing play I suppose. It gives people the thought "wow they're the future" and gives them an illusion that Elon is interested in the same things they are interested in. Musk is just a good businessman. I don't think that he has a lot of time to study the crypto market and get involved in it.

He might not have the time but Elon has the space to accommodate Blockchain enthusiasts, I believe the doge coin he was Shilling some months ago may have not be his idea, someone may have suggested that for him, he doesn't have time for diggings or DYOR in details. Some of his comments on doge coin scales more than bitcoin proves that he doesn't no shit about bitcoin, he is just a man who employee good guys with big IQ and talent to run his business, that's exactly how he successfully run Tesla and the launch of spaceX, he doesn't know how that shit work, people work for him.

You should begin to be skeptical on what Elon was really doing when he was shilling dogecoin. He knew what he was doing. Also, he has divorced from 3 wives who might have gotten a large share of his assets. He will be needing some extra money hehehehe and do not underestimate human greed.

Also, Elon has a large following in social media and he loves to troll. How can he profit from this? Shill a coin traded in an unregulated market where the SEC cannot give him legal problems. Elon is a cold blooded profiteer.

He could just easily create his own coin or token and just shill it to his massive amount of followers on all media platforms if he was in the quest for profits.
But he is not and just only loathes the attention he garners from giving attention to anything he wants to.
And this inturn brings more attention and thus profits to his own companies.

So if he was to do anything with cryptocurrenies than it wouldn't be to make any money out of it.
He obviously has enough coming in from the other companies he owns.

Yes he could, however, that might be within the legal jurisdiction of the SEC to charge him for selling and issuing illegal securities. Dogecoin is a cryptocoin issued through the utilization of proof of work. This is very much similar to bitcoin where the SEC cannot charge the issuers of the coin of the protocol.

What would be his purpose for shilling dogecoin if it was not to make money out of it? I reckon everyone who is presently here in the cryptospace is here to make money out of it.
legendary
Activity: 4214
Merit: 4458
the running joke on twitter is:

stupid media (fox news and other crap news media) do not do any actual real reporting on real news events. instead they just glamourise whatever is trending/on twitter by using twitter as their news story sources.. without even bothering to validate if the tweets are real or jokes

many celebs are starting to do this. say silly things to see which silly news media outlet reports on the tweet.

some are also calling out all the crap news media where different stations read out the same story word for word. without any independent editorial checks
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
That's just a marketing play I suppose. It gives people the thought "wow they're the future" and gives them an illusion that Elon is interested in the same things they are interested in. Musk is just a good businessman. I don't think that he has a lot of time to study the crypto market and get involved in it.

He might not have the time but Elon has the space to accommodate Blockchain enthusiasts, I believe the doge coin he was Shilling some months ago may have not be his idea, someone may have suggested that for him, he doesn't have time for diggings or DYOR in details. Some of his comments on doge coin scales more than bitcoin proves that he doesn't no shit about bitcoin, he is just a man who employee good guys with big IQ and talent to run his business, that's exactly how he successfully run Tesla and the launch of spaceX, he doesn't know how that shit work, people work for him.

You should begin to be skeptical on what Elon was really doing when he was shilling dogecoin. He knew what he was doing. Also, he has divorced from 3 wives who might have gotten a large share of his assets. He will be needing some extra money hehehehe and do not underestimate human greed.

Also, Elon has a large following in social media and he loves to troll. How can he profit from this? Shill a coin traded in an unregulated market where the SEC cannot give him legal problems. Elon is a cold blooded profiteer.

He could just easily create his own coin or token and just shill it to his massive amount of followers on all media platforms if he was in the quest for profits.
But he is not and just only loathes the attention he garners from giving attention to anything he wants to.
And this inturn brings more attention and thus profits to his own companies.

So if he was to do anything with cryptocurrenies than it wouldn't be to make any money out of it.
He obviously has enough coming in from the other companies he owns.
legendary
Activity: 2926
Merit: 1440
That's just a marketing play I suppose. It gives people the thought "wow they're the future" and gives them an illusion that Elon is interested in the same things they are interested in. Musk is just a good businessman. I don't think that he has a lot of time to study the crypto market and get involved in it.

He might not have the time but Elon has the space to accommodate Blockchain enthusiasts, I believe the doge coin he was Shilling some months ago may have not be his idea, someone may have suggested that for him, he doesn't have time for diggings or DYOR in details. Some of his comments on doge coin scales more than bitcoin proves that he doesn't no shit about bitcoin, he is just a man who employee good guys with big IQ and talent to run his business, that's exactly how he successfully run Tesla and the launch of spaceX, he doesn't know how that shit work, people work for him.

You should begin to be skeptical on what Elon was really doing when he was shilling dogecoin. He knew what he was doing. Also, he has divorced from 3 wives who might have gotten a large share of his assets. He will be needing some extra money hehehehe and do not underestimate human greed.

Also, Elon has a large following in social media and he loves to troll. How can he profit from this? Shill a coin traded in an unregulated market where the SEC cannot give him legal problems. Elon is a cold blooded profiteer.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Well I knew this was a joke when I first heard about it earlier in the week but it rose the team's share price:
https://www.marketwatch.com/story/elon-musk-says-hes-buying-manchester-united-but-if-its-a-joke-the-sec-is-unlikely-to-laugh-11660698588


Then hours later he said "I was just kidding!":
legendary
Activity: 2828
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Join the world-leading crypto sportsbook NOW!
If you ask me about that I will says there is a no doubt with that Elon musk is just an attention seeker on crypto  And through those activities he is earning his profits.  I think he is only looking at crypto for his profit.  Yes but it is true that after Elon musk came to cryptocurrency development took place.  But I think it has further confused the market situation.  I think most people have already understood that he is only here to seek attention for his own interests.
Many of us make negative comments about Elon Musk but many of us don't know about his immense contribution to cryptocurrency. Everyone comes to the trading business to make profit but everyone won’t be success. Now Elon Musk is a role model in cryptocurrency. If you raise a question you will get answer that how did so many investors come to the crypto market today? He has also invested in crypto market. I consider him as a successful trader and  businessman.
Most in the cryptocurrency space would say his contribution to it has been in the majority negative.
I believe he even recently stated that bitcoin was not going to last but at the same time said doge coin has potential.
This is pretty skewed thinking to a cryptocurrency enthusiasts.

Is he for crypto? We'll he's for making money, so he's more or less like 80% of crypto investors Smiley Is he about the idea and concept of crypto? Again, he could be, but he's also more invested in his own project so crypto comes as an afterthought. Again, nothing that separates him from at least 80% of crypto investors.
Very true in this statement.
Most are into it for financial gain and nothing more. As it is a currency, and the more you have of it the wealthier you are.
That is pure economics.

Most crypto users have bad comments for Elon Musk. Due to its promotion Doge , SHIB by Elon musk, many people have experienced huge losses by holding SHIB & Doge tokens . Although many have made profit from here but the amount of loss is huge. I think Elon Musk is a greedy man.  Who always thinks only about his own improvement
And that is exactly why most who have come to know about crypto hate him.
Because they invested into these coins (or the ones that have his name tied to them in someway or another whether that be by legitimate means or by nefarious ones) and have lost their funds or in some cases their lifesavings.
And you made a great point:
Elon Musk is a greedy business man through and through.
He's only looking out himself and what is in his best interests and nothing more.
hero member
Activity: 910
Merit: 875
Not Your Keys, Not Your Bitcoin
That's just a marketing play I suppose. It gives people the thought "wow they're the future" and gives them an illusion that Elon is interested in the same things they are interested in. Musk is just a good businessman. I don't think that he has a lot of time to study the crypto market and get involved in it.

He might not have the time but Elon has the space to accommodate Blockchain enthusiasts, I believe the doge coin he was Shilling some months ago may have not be his idea, someone may have suggested that for him, he doesn't have time for diggings or DYOR in details. Some of his comments on doge coin scales more than bitcoin proves that he doesn't no shit about bitcoin, he is just a man who employee good guys with big IQ and talent to run his business, that's exactly how he successfully run Tesla and the launch of spaceX, he doesn't know how that shit work, people work for him.
hero member
Activity: 2996
Merit: 609
Don't forget, Doge-1 will launch in future and Elon is really having fun with it. "To the Moon“ with Dogecoin, that's what he wants. Save money and be smart to send one rocket into space without paying for it, so if it goes great. And that would make SpaceX even more famous. That's what I think, have some fun and still make his company stronger.
Making some fun with your investment or business? Its not a bad thing but i dont see this way but rather thriving out his best just to put up emphasis and getting more attention on just simply doing

things which are obviously for the sake and benefit of his companies and we've seen that in the past on how he had make out some manipulation just for his benefit which it wont really be that
surprising yet every business owners would really be tending to do so if they do have the chance and also he wont really be reaching billionaire state if he doesnt know on what he's doing.
full member
Activity: 616
Merit: 161

Is he for crypto? We'll he's for making money, so he's more or less like 80% of crypto investors Smiley Is he about the idea and concept of crypto? Again, he could be, but he's also more invested in his own project so crypto comes as an afterthought. Again, nothing that separates him from at least 80% of crypto investors.
legendary
Activity: 2086
Merit: 1566
Don't forget, Doge-1 will launch in future and Elon is really having fun with it. "To the Moon“ with Dogecoin, that's what he wants. Save money and be smart to send one rocket into space without paying for it, so if it goes great. And that would make SpaceX even more famous. That's what I think, have some fun and still make his company stronger.
hero member
Activity: 1316
Merit: 593
If you ask me about that I will says there is a no doubt with that Elon musk is just an attention seeker on crypto  And through those activities he is earning his profits.  I think he is only looking at crypto for his profit.  Yes but it is true that after Elon musk came to cryptocurrency development took place.  But I think it has further confused the market situation.  I think most people have already understood that he is only here to seek attention for his own interests.
Many of us make negative comments about Elon Musk but many of us don't know about his immense contribution to cryptocurrency. Everyone comes to the trading business to make profit but everyone won’t be success. Now Elon Musk is a role model in cryptocurrency. If you raise a question you will get answer that how did so many investors come to the crypto market today? He has also invested in crypto market. I consider him as a successful trader and  businessman.
Most crypto users have bad comments for Elon Musk. Due to its promotion Doge , SHIB by Elon musk, many people have experienced huge losses by holding SHIB & Doge tokens . Although many have made profit from here but the amount of loss is huge. I think Elon Musk is a greedy man.  Who always thinks only about his own improvement
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
If you ask me about that I will says there is a no doubt with that Elon musk is just an attention seeker on crypto  And through those activities he is earning his profits.  I think he is only looking at crypto for his profit.  Yes but it is true that after Elon musk came to cryptocurrency development took place.  But I think it has further confused the market situation.  I think most people have already understood that he is only here to seek attention for his own interests.
Many of us make negative comments about Elon Musk but many of us don't know about his immense contribution to cryptocurrency. Everyone comes to the trading business to make profit but everyone won’t be success. Now Elon Musk is a role model in cryptocurrency. If you raise a question you will get answer that how did so many investors come to the crypto market today? He has also invested in crypto market. I consider him as a successful trader and  businessman.
sr. member
Activity: 1106
Merit: 421
If you ask me about that I will says there is a no doubt with that Elon musk is just an attention seeker on crypto  And through those activities he is earning his profits.  I think he is only looking at crypto for his profit.  Yes but it is true that after Elon musk came to cryptocurrency development took place.  But I think it has further confused the market situation.  I think most people have already understood that he is only here to seek attention for his own interests.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
Elon Musk just wants to see himself as famous and always the world's top rich man . So he adopts different methods at different times. his purpose is to earn a lot of money.  So he sometimes ventures into crypto and sometimes buys various tokens and shills those tokens
jr. member
Activity: 51
Merit: 1
Elon musk is fooling everyone with his statement of bitcoin to boost his tesla shares and come in news ...and grab attention ... He is a marketing genius person. He did not tell media of how much bitcoin his company sell out previous so i don't think whether he is purchase bitcoin or not because i do not believe him after the twitter's buying news
legendary
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Elon had sold $6.9bln worth of his tesla company's shares on the looming court case to do with the twitter deal inwhich he backed out of.
https://www.theverge.com/2022/8/9/23299343/elon-musk-tesla-stock-sells-twitter-trial
hero member
Activity: 2786
Merit: 646
Musk is just a good businessman.
I agree on this point. Of course he is a good businessman.  That is why many people follow him. Even earning money is very easy for him. Just buy a token/coin and then tweet.  His followers build there huge pump.

I think elon musk for his goal. Of course I  believe cryptos world make him and his company's more popular.
It might had been possible in the past where he could make out those manipulative kind of tweets or calls but people arent dumb and wont be committing on the same mistakes anymore and as we have seen on past

tweets and other relevant things attached to him which people do ignore most of the time and wont really be making out significant action or step basing up on what he had been doing into the market.We had already
some experience in the past and investors becomes even more wiser on anytime they do experience failures or something that talks about getting fooled or manipulated.

For Elon then it is really normal that he would really be trying his best on marketing out his companies since we know that it is one of its main sources and the reason
on why he had able to attain the richest man on this planet.
sr. member
Activity: 896
Merit: 279
Musk is just a good businessman.
I agree on this point. Of course he is a good businessman.  That is why many people follow him. Even earning money is very easy for him. Just buy a token/coin and then tweet.  His followers build there huge pump.

I think elon musk for his goal. Of course I  believe cryptos world make him and his company's more popular.
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