Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 17. (Read 8882 times)
January 19, 2023, 12:02:03 PM
Elon is a great personality but in my mind he has no interest in Cryptocurrency like Bitcoin he just used it for his personal interest, example of them are accepting Bitcoin for Tesla. And due to his huge wealth and famous social media personality most of invester trust him and Elon use this trust for his personal profit. No doubt some time Elon change market with just a tweet or adding Bitcoin in bio.
January 19, 2023, 05:27:52 AM
Dear Op as always Ellon is in the crypto industry for his personal benefit. We all are here for the same purpose. One thing which is most famous in his perspective is shit posting and I am not sure when he truly promoted the Bitcoin community as he did promote shitcoins. I don't expect any positive development from him.
January 19, 2023, 04:40:20 AM
Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt
My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.
Elon Musk's purchase of Twitter could possibly be the biggest mistake from a business standpoint, and this failure might threaten Elon Musk's wealth, because Elon Musk is risking his shares in other owned companies to convey Twitter transactions, according to information Elon Musk obtained funds to admit the Twitter through several sources,https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt
My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.
$20 billion of private funds
$13 billion of collateralized loans using Twitter shares generated collateral, while $4 billion of Elon Musk's stake from Twitter.
Because it is an action that he has done so I think he has really thought about and planned what he will do in the future.
I was just impressed with Elon when he managed to do a hype on Doge coin so that it really had a very high price and was able to convince many investors to invest in Doge coin.
January 19, 2023, 03:46:38 AM
Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt
My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.
Elon Musk's purchase of Twitter could possibly be the biggest mistake from a business standpoint, and this failure might threaten Elon Musk's wealth, because Elon Musk is risking his shares in other owned companies to convey Twitter transactions, according to information Elon Musk obtained funds to admit the Twitter through several sources,https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt
My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.
$20 billion of private funds
$13 billion of collateralized loans using Twitter shares generated collateral, while $4 billion of Elon Musk's stake from Twitter.
January 18, 2023, 10:03:12 PM
Elon Musk is a cult figure for some of the smartest people on the planet. So what he's doing with the Dogecoin baffles me.
I mean, they say the Internet doesn't recognize any form of hierarchy, but I think Musk has delusions of god-like grandeur.
Musk is always in my heart the only one who can change the world and take us into the future. He doesn't have a strong purpose of chasing money in his heart. I like this person who has ideals and realizes them. His participation in the crypto world is only for the future of all mankind. Maybe what I said is highly subjective. But I always believe that money is just a tool for him to realize his dreams, not for his own luxurious life.I mean, they say the Internet doesn't recognize any form of hierarchy, but I think Musk has delusions of god-like grandeur.
January 18, 2023, 09:34:39 PM
Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt
My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.
Elon have been trying to make good revenue through the Twitter acquisition. His plans didn't work, as he keeps making changes to the terms on the usage. Over the days after the acquiring the market of Twitter keeps decreasing due to the firing of staffs followed by the profile verification as premium services. Hate speech and eye same have made advertisers move out of Twitter causing major revenue loss. Even if the verified users prefer the blue tick service then it might bring another $400 - $500 million in revenue every year. The first loan settlement will give the outlie of his further plans for selling of his alternate stocks or had some other plan. https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt
My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.
January 18, 2023, 09:13:56 PM
Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt
My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt
My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.
January 10, 2023, 11:13:04 PM
That's why there was a documentary on a popular news channel that put out a piece on him and called it:
Elon INC
"Elon Musk has built a reputation for changing the game by ignoring the rules, and his recent acquisition of Twitter is no different. Is the turbulent Twitter buyout just the next chapter in Elon Musk’s odds-defying story? CBS Reports peels back the layers on the high-stakes and high-rewards journey of one of the most polarizing and influential people of our time."
excerpt from youtube: https://www.youtube.com/watch?v=T8lq4ac_iq4
This embodies everything to whose businesses main focus is to take over companies.
Elon INC
"Elon Musk has built a reputation for changing the game by ignoring the rules, and his recent acquisition of Twitter is no different. Is the turbulent Twitter buyout just the next chapter in Elon Musk’s odds-defying story? CBS Reports peels back the layers on the high-stakes and high-rewards journey of one of the most polarizing and influential people of our time."
excerpt from youtube: https://www.youtube.com/watch?v=T8lq4ac_iq4
This embodies everything to whose businesses main focus is to take over companies.
January 10, 2023, 01:20:00 PM
Watching the lately spot about Musk appearing on live tv this weekend for showing what all the hype is about and if he will actually have a mention of his favorite cryptocurrency doge, it seems the media are jumping all over this appearance.
https://www.youtube.com/watch?v=nWWzszskgmA
What are your thoughts about this North American appearance and what do you think he will do or say about doge or even bitcoin?
I think since Miley Cyrus is the musical guest he will have her dress up as a dog and call her doge.
She likes cats and had dressed up as them on stage during her concerts, so you never know what these two crazy people will do on this episode.
https://www.youtube.com/watch?v=nWWzszskgmA
What are your thoughts about this North American appearance and what do you think he will do or say about doge or even bitcoin?
I think since Miley Cyrus is the musical guest he will have her dress up as a dog and call her doge.
She likes cats and had dressed up as them on stage during her concerts, so you never know what these two crazy people will do on this episode.
Imo musk has done more bad than good to cryptos. He simply used cryptos to make a lot of profit. Cmon what are you waiting from a guy that in one minute says tesla is accepting Bitcoin and in the other backs his word!? And in the meantime makes millions dumping bitcoin. He just used cryptos to make some money. He doesnt give a damn about it.
January 10, 2023, 10:44:00 AM
Funny thing is that the former CEO of now bankrupt FTX offered to help in the acquisition deal of twitter with him.
Yet he did not have the capital on hand to do so.
That's why his bullshit meter was redlining Yet he did not have the capital on hand to do so.
FTX guy helping Elon Musk to purchase twitter. I imagine Elon's face expression at that moment So Elon wants to make a payment system for the newly acquired twitter company.
Elon Musk is a businessman, not a messiah. While I admire him for his skills and talent, I think that everything he has done is for money and attention, to feed his ego. He is a great manipulator and marketing guru who knows what to do in certain moments. He is a person who can do something today to benefit from it years later. At the moment, Elon Musk has a great reputation in the society, he is admired for his charisma, energy and people believe that all he want is good for people and somehow everyone forgets or doesn't give attention to the fact that he used crypto community and new investors to pump and dump crypto prices for personal profit.
So, the latest Twitter deal and his statement that he wants to return free speech, increased his popularity and reputation further. The fact that he "supports" cryptocurrencies which on another hand means that he even wants to make people independent from the government and the fact that he cofounded PayPal, makes him a great candidate to trust in payment systems today. But this will put all the power into his hands and then god knows what may happen from him.
Paypal is coffemoney. You can not build trust on it.
This poll setup by Elon was really a ploy to see how the platform performed against what he was striving to condemn in the first place:
https://www.bbc.com/news/business-64034892
Some were saying put Jack Dorsey back as CEO however this might end Elon Musk will remain the owner and have the last say on everything that happens at the company, regardless if he steps down as CEO or not.
https://www.bbc.com/news/business-64034892
Some were saying put Jack Dorsey back as CEO however this might end Elon Musk will remain the owner and have the last say on everything that happens at the company, regardless if he steps down as CEO or not.
I say Jack Dorsey's Block Inc was the biggest looser in my portfolio.
[moderator's note: consecutive posts merged]
January 10, 2023, 10:39:28 AM
Funny thing is that the former CEO of now bankrupt FTX offered to help in the acquisition deal of twitter with him.
Yet he did not have the capital on hand to do so.
That's why his bullshit meter was redlining Yet he did not have the capital on hand to do so.
FTX guy helping Elon Musk to purchase twitter. I imagine Elon's face expression at that moment So Elon wants to make a payment system for the newly acquired twitter company.
Elon Musk is a businessman, not a messiah. While I admire him for his skills and talent, I think that everything he has done is for money and attention, to feed his ego. He is a great manipulator and marketing guru who knows what to do in certain moments. He is a person who can do something today to benefit from it years later. At the moment, Elon Musk has a great reputation in the society, he is admired for his charisma, energy and people believe that all he want is good for people and somehow everyone forgets or doesn't give attention to the fact that he used crypto community and new investors to pump and dump crypto prices for personal profit.
So, the latest Twitter deal and his statement that he wants to return free speech, increased his popularity and reputation further. The fact that he "supports" cryptocurrencies which on another hand means that he even wants to make people independent from the government and the fact that he cofounded PayPal, makes him a great candidate to trust in payment systems today. But this will put all the power into his hands and then god knows what may happen from him.
January 10, 2023, 09:41:17 AM
So twitter is working on a coins system but using stripe's service to buy those coins.
Jack Dorsey definitely had some influence in this decision for sure.
https://twitter.com/wongmjane/status/1612698915933138945
As many in the comments have already stated, they are just copying reddit so to become a better twitter!
Jack Dorsey definitely had some influence in this decision for sure.
https://twitter.com/wongmjane/status/1612698915933138945
As many in the comments have already stated, they are just copying reddit so to become a better twitter!
December 22, 2022, 11:25:38 PM
He most likely have investments in crypto at the time that he's so bullish with shilling memecoins. Which he also them funneled into Tesla hence part of the reason for its high valuation last year. Now that he's done with crypto, or at least so it seems, I doubt he'd ever do anything to maybe even boost its popularity to the people. Especially now that people sre seeing him for who he truly is which is a trust-fund baby with anger issues and nigh-zero social skills. His credibility on the internet is waning fast and it's better now that he's leaving crypto alone instead of shilling it and dragging us along with him and his mess.
This is a new term I haven't heard somebody referred to him but from what I have seen about his past he certainly could be.As a child he was carrying emeralds in his pockets to show to his class mates so that does show as being the sort at an early age from his upbringing.
But about the subject about him and his company owning bitcoin and what they are going to do with it, Tesla has been suffering lately with him selling off nearly $3.6bln of it's stock. So it doesn't look like he is doing to well after the buying of twitter.
https://www.forbes.com/sites/siladityaray/2022/12/15/musk-sells-nearly-36-billion-in-tesla-stock-moves-further-away-from-richest-person-title/?sh=2c4a04076015
So he might be looking to sell off some of that bitcoin he has on Tesla's books so to offset his losses on the sale of twitter to him.
December 22, 2022, 02:27:51 PM
Elon Musk is a businessman he only join those kind of things from where he get profit, he bought a large amount of Bitcoin and then he post news that Tesla will accept Bitcoin as a payment method, due to this news Bitcoin goes bullish and as a result all those Bitcoin who bought by Elon at the price of 8000$ from us, sell it on us at the price of 40000$. Which mean he just use the news to earn from Bitcoin and after that he revoke his decision. So main point is that Elon has no interest in Bitcoin and his price. He just use it for his own interest.
I totally agree that he has no interest in btc and didn't even have it on doge but that he just enjoyed getting some rollercoaster rides. Too bad I would have expected a man with a brain like his to have fully understood the true meaning.
December 22, 2022, 02:19:02 PM
He most likely have investments in crypto at the time that he's so bullish with shilling memecoins. Which he also them funneled into Tesla hence part of the reason for its high valuation last year. Now that he's done with crypto, or at least so it seems, I doubt he'd ever do anything to maybe even boost its popularity to the people. Especially now that people sre seeing him for who he truly is which is a trust-fund baby with anger issues and nigh-zero social skills. His credibility on the internet is waning fast and it's better now that he's leaving crypto alone instead of shilling it and dragging us along with him and his mess.
December 22, 2022, 11:15:21 AM
For many people, he is a real disaster. People blame him for the current big dump in Bitcoin price. Whether the dump is mainly caused by him or not, but inf fact after he tweeted about "Tesla no longer accept BTC payment", the Bitcoin price constantly declined. Well, he is a smart guy and an experienced businessman, I am sure he has planned this since the beginning. His purpose seems just to get attention from people around the world by doing this.
It is true that we received a boost when Tesla announced that they will accept BTC. At that time, the exchange rate was around $40,000 per coin (the increase from $8,000 to $40,000 was mostly due to PayPal). When Tesla reversed it's stance, the prices went back to the previous levels. n.
December 21, 2022, 04:52:06 AM
^^
That's the thing, he buys out these companies and just installs another ceo in his place.
You see a pattern developing here? Now with twitter he is asking the public if he should step down.
Then who would replace him in this instance?
There is even Edward Snowden who has said he would take his place in the company if he were to be paid in bitcoin for the assignment.
Which is amusing in itself. He was the main reason why it became so popular when it did early on a decade ago.
That's the thing, he buys out these companies and just installs another ceo in his place.
You see a pattern developing here? Now with twitter he is asking the public if he should step down.
Then who would replace him in this instance?
There is even Edward Snowden who has said he would take his place in the company if he were to be paid in bitcoin for the assignment.
Which is amusing in itself. He was the main reason why it became so popular when it did early on a decade ago.
December 20, 2022, 09:57:42 AM
Elon Musk is one of the top influencial men in the crypto and the world at large. He's capable of making negative and positive results on any projects in the space. He's highly respected and whatever comes out of his mouth is final and the multitude always listen to him. Having a thought about Elon musk either for Crypto or just attention to boost Tesla and spaceX. He's doing everything within his capability to grow up his companies and skyrocketing them to the moon. He's buying most top platforms and also stands as CEO of some projects in the space, he's untouchable.
December 20, 2022, 08:14:47 AM
This poll setup by Elon was really a ploy to see how the platform performed against what he was striving to condemn in the first place:
https://www.bbc.com/news/business-64034892
Some were saying put Jack Dorsey back as CEO however this might end Elon Musk will remain the owner and have the last say on everything that happens at the company, regardless if he steps down as CEO or not.
https://www.bbc.com/news/business-64034892
Some were saying put Jack Dorsey back as CEO however this might end Elon Musk will remain the owner and have the last say on everything that happens at the company, regardless if he steps down as CEO or not.
December 15, 2022, 07:12:40 AM
So Elon wants to make a payment system for the newly acquired twitter company.
source: https://twitter.com/cb_doge/status/1602755259193233408
Don't know if this is an older picture of him back in the paypal days with some photoshop done.
Could it include a cryptocurrency?
Notice the dogecoin symbol in the bottom right corner of the photo?
source: https://twitter.com/cb_doge/status/1602755259193233408
Don't know if this is an older picture of him back in the paypal days with some photoshop done.
Could it include a cryptocurrency?
Notice the dogecoin symbol in the bottom right corner of the photo?
Jump to: