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Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 18. (Read 6613 times)

legendary
Activity: 2828
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There was a poll he did on his twitter asking if he should sell 10% of his Tesla stock.
Price of TSLA immediately dropped.

https://www.bbc.com/news/business-59209942
Investors Musked!
https://finance.yahoo.com/news/twitter-spoken-musk-sell-21-191936098.html
hero member
Activity: 2982
Merit: 678
★Bitvest.io★ Play Plinko or Invest!
Did this tweet alone spur the 4% pump up in the bitcoin price when it was released?
Likely.

IMHO, it's the fans alone that had made the market reached new ATH and if it goes stable there. We probably haven't seen him yet doing what he's said.

I just like what we're seeing.
legendary
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@rodskee It's not really a tweet by him but you know what I am getting at with showing this.
That is what is intending to do if they do pass a bill to tax the heck out of the richest in the US.
He rather sell his stocks in Tesla and transfer it into bitcoin so to not need to pay the $50 billion (reported estimates if this law came into fruition) out of his own pocket for holding that asset in back taxes.
full member
Activity: 2366
Merit: 191
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Did this tweet alone spur the 4% pump up in the bitcoin price when it was released?

He is definitely looking to do something in retaliation to the government stating they wish to tax the rich.
So he is looking for a outlet so to avoid doing so in curtailing the sell-off of his own companies stocks and putting it into bitcoin.
I hate to admit the fact that Elon really makes this market a place circling his funds and assets , though I hate to believe that there is a chance that this tweet again makes the increase of Bitcoin price yet most of the currency he will going to mentioned makes always an increase(depend on what kind of statements either negative or positive) but the reality speaks that Elon is one big part of cryptocurrency , His popularity always affects the movement of this market.
anyway thanks for the heads up as i was still searching for the possible reason why we have made another ATH now and here you go bringing it here.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Did this tweet alone spur the 4% pump up in the bitcoin price when it was released?

He is definitely looking to do something in retaliation to the government stating they wish to tax the rich.
So he is looking for a outlet so to avoid doing so in curtailing the sell-off of his own companies stocks and putting it into bitcoin.
legendary
Activity: 2828
Merit: 1497
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Elon wants to meet with Dorsey to discuss about bitcoin.
So maybe now he can knock some sense into this misinformed tesla corporation owner who ruined everything bitcoin related in the recent months to drop it 50% since his tweets. Roll Eyes
https://cointelegraph.com/news/elon-musk-agrees-to-speak-with-twitter-ceo-jack-dorsey-at-bitcoin-event
legendary
Activity: 2828
Merit: 1497
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Comical view on how the crypto markets were harmed by the Boggoff twins and their "Elon Protocol". Wink
Conspiracy theorists would love this and probably will feed into their delusions. Grin
Enjoy!


Part 1:
https://www.youtube.com/watch?v=-OVPp4UY9BI


Part 2:
https://www.youtube.com/watch?v=Z-7JJyjQQoM


Part 3:
https://www.youtube.com/watch?v=KELLRxsttcg
legendary
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Atleast he has stop tweeting about it for the past two weeks so it has time to recover back to nearly $40k again before his twitter tyraid against cryptos

https://www.youtube.com/watch?v=z54nvLcEtOo
newbie
Activity: 19
Merit: 0
EM is a man who lives for profit and his companies that bring him profit - and if he has felt something in cryptocurrencies that can bring him even more profit, he clearly shows that he will make the most of such an opportunity. On the other hand, the media adores him because he has an army of blind followers who jump on his every word or tweet, and he himself does not hide how much he enjoys being in the spotlight - all this means that everyone makes money while the masses have fun - win-win situation for everyone.

For days I have been hearing from various sources that EM will announce something tonight that will, as always, affect the price of some coins - so I already have a feeling that one man is moving the market in the direction he wants - for some it may be fun, but such power in the hands of one man is not something I like too much.
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All actions are for profit. It's just a means for him to make money.
sr. member
Activity: 1288
Merit: 257
Chainjoes.com
the hype created by Elon Musk, there is nothing for now he just did the fundamental analysis but didn't think twice before making the decision
Elon rich people in the world maybe or I don't know, looking at the way He talks on social media lately it can be seen His intention, is to try to make people believe in him again, and He seems to be checking his popularity and attractiveness from people around the crypto community and now with his Posts
member
Activity: 1120
Merit: 68
Musk is for its company, about crypto, btc and other coins, he just playing with us! Why? Because he is bored, he's looking for trouble at a big scale which unfortunately is US!
I think that it's more than just his companies, yes you will put priority on your companies first but I think he is for the innovation and he sees cryptocurrencies as an innovation in finance. I might be wrong about it.
sr. member
Activity: 784
Merit: 250
Elon Musk can be a warrior for those who are late to buy bitcoins.  And he also includes the disease of tea coins for people who are bitcoin holders.

 Elon Musk has an extraordinary mind in dropping the coin price.
newbie
Activity: 13
Merit: 0
Musk is for its company, about crypto, btc and other coins, he just playing with us! Why? Because he is bored, he's looking for trouble at a big scale which unfortunately is US!
sr. member
Activity: 1036
Merit: 286
It is clearly just for hype knowing Elon Musk and seeing the things he has done for a while with regards to crypto specially bitcoin. He has the influence and the power obviously but if you would see his credibiliy when it comes to crypto, he is not that credible because he's just been here for a while. It may have gave off a good outcome for bitcoin before but now that it has completely abandoned it, those good outcomes became detrimental for bitcoin. Elon is a pain in crypto and that could be the reason why his tweets doesn't matter anymore for many people.
hero member
Activity: 1442
Merit: 510
everyone knows Elon Musk has power, has wealth, he is a millionaire, one tweet can shake other people, he wants to make a profit, by taking advantage of every opportunity, he has many sheep who always follow him but we really don't want to be sheep Elon Musk, we remain in our position, whatever Elon Musk's post we don't want to care anymore
hero member
Activity: 2772
Merit: 576
IMO Musk is a distraction.
I cant exactly say why.
I just think he is.
They'll tell you about Musk and China all day long (not that I am a fan of Chinese meddling in Crypto) but they'll never talk about the big boys and their plays and what they're currently doing to the US dollar, the Euro etc.
He is because of the tweets attention that he has been making.

I think distraction is one of the correct descriptions. Yeah, there must be something that the bigger players including him have been doing but for them to be able to be uncaught, the attention is thrown to bitcoin.

Making issues that has been not really an issue at all.
Probably Elon right now is a disaster for all crypto enthusiasts unless he did not tweet about bitcoin and Tesla still accepting bitcoin payments right now.

I honestly think Elon is a smart guy but because of his own greed for money, he just created actions that are beyond our control. And that made him a big disaster in the crypto community.
He is as is as what you think and there's no doubt that he's really that smart guy.

But the actions that he did and words that he said about bitcoin, that's when we've reacted and can no longer tolerate his actions.
sr. member
Activity: 2366
Merit: 267
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I think Elon, he is not interested in crypto, he is just taking advantage, joking to make profits for himself. He is a billionaire and he knows his influence on Tesla lovers, space x.. and he makes cryptocurrency a target to control to bring him profit. I'm sure he will continue to makes the crypto community with his silly tweets.
@elonmusk like this have a specific purpose with the Tesla company and it's true you said he will not be very interested in crypto but he wants his company to get good benefits from the way it is done with the aim of being able to make any profit, whether it's from policies and others. but all are lulled by what was said and very sad to believe even though this will worsen the continuation of crypto from people like this, should not be given the opportunity to do that again.
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
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. No real damage was done, as the dip was only temporary. The prices are slightly below $40K now, but I expect it to cross that level within the next few days. Tesla was always like a double edged sword. Their exit will not do much harm to BTC in the long run.
legendary
Activity: 2198
Merit: 1086
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Probably Elon right now is a disaster for all crypto enthusiasts unless he did not tweet about bitcoin and Tesla still accepting bitcoin payments right now.
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.

hero member
Activity: 2814
Merit: 576
IMO Musk is a distraction.
I cant exactly say why.
I just think he is.
They'll tell you about Musk and China all day long (not that I am a fan of Chinese meddling in Crypto) but they'll never talk about the big boys and their plays and what they're currently doing to the US dollar, the Euro etc.
He is because of the tweets attention that he has been making.

I think distraction is one of the correct descriptions. Yeah, there must be something that the bigger players including him have been doing but for them to be able to be uncaught, the attention is thrown to bitcoin.

Making issues that has been not really an issue at all.
Probably Elon right now is a disaster for all crypto enthusiasts unless he did not tweet about bitcoin and Tesla still accepting bitcoin payments right now.

I honestly think Elon is a smart guy but because of his own greed for money, he just created actions that are beyond our control. And that made him a big disaster in the crypto community.
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