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Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 19. (Read 8545 times)

sr. member
Activity: 1344
Merit: 288
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
This is exactly what I meant "In it for the dubs!". He is in it for the gains of course.
Whether that be for profit or just to put another feather in his cap for the cryptos.
He is a showman. If you haven't seen that movie then that is exactly what he is.
Purely in it for the exposure as he gets a rush being in the spotlight.
Without it he would cease to be relevant in the media.
Just another CEO behind a desk pulling the strings of his multimillion dollar companies.
Yeah you are right I've seen the movie shownman, exactly what he is doing, mainly in for the profit, I could remember when he made the move to buy twitter he was the talk of the whole world then, with such a huge amount of money to buy twitter, he got more famous with that, and twitter shares pumped, I'm very sure he would have longed and before the announcement, before he decided that he has no interest in buying again, he would have short also, that's pure manipulation, that's exactly what he did with bitcoin, sold at the peak of 70k after buying the dip
full member
Activity: 310
Merit: 100
Elon Musk has sure had a lot to say about cryptocurrencies over the years. And some of it has been quite promotional, so much so that it would be easy to see how someone would think Musk was offering investment advice but he just say that crypto is safe to invest, he never say invest in crypto that's the business logic....think about it friends Huh Huh Huh
legendary
Activity: 2828
Merit: 1497
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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
This is exactly what I meant "In it for the dubs!". He is in it for the gains of course.
Whether that be for profit or just to put another feather in his cap for the cryptos.
He is a showman. If you haven't seen that movie then that is exactly what he is.
Purely in it for the exposure as he gets a rush being in the spotlight.
Without it he would cease to be relevant in the media.
Just another CEO behind a desk pulling the strings of his multimillion dollar companies.
legendary
Activity: 1904
Merit: 1176
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Hard to believe that Elon is in for crypto, because I have seen him showing interest in crypto for a while. In fact, a lot of cryptocurrencies are back to pre Elon Musk crypto pump, at least Bitcoin has rolled back to where it was, since Elon started frequently naming it in his tweets. Did you know that recently Tesla has celebrated sales of 3 million cars around the world ? It will be easier for me to believe, that Elon has used cryptocurrency as a promotion of Tesla, than being in for crypto guy. No doubt that he is a technology guy, but he is a businessman on first place.

That's right, he's a businessman, that says it all. He has a wonderful talent to make money in absolutely any area where he sees an opportunity to do this, and this is what defines a good businessman. He has plenty of money and he does what he likes, in the case of crypto, I think that it started as a hobby for him, as some kind of entertainment, and it seems to me that he continues to behave as if it was just a game for him.
legendary
Activity: 2520
Merit: 1218
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

Hard to believe that Elon is in for crypto, because I have seen him showing interest in crypto for a while. In fact, a lot of cryptocurrencies are back to pre Elon Musk crypto pump, at least Bitcoin has rolled back to where it was, since Elon started frequently naming it in his tweets. Did you know that recently Tesla has celebrated sales of 3 million cars around the world ? It will be easier for me to believe, that Elon has used cryptocurrency as a promotion of Tesla, than being in for crypto guy. No doubt that he is a technology guy, but he is a businessman on first place.
sr. member
Activity: 1344
Merit: 288
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
Merit: 1497
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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: 3122
Merit: 1492
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: 4424
Merit: 4794
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: 3122
Merit: 1492
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
Merit: 1497
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: 1106
Merit: 912
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: 2310
Merit: 1848
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: 1470
Merit: 608
Vave.com - Crypto Casino
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: 1274
Merit: 457
Vave.com - Crypto Casino
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.
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