Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 2. (Read 8882 times)

Elon Musk is an intelligent man. Even though many have criticized some of his moves in the past, majority of his moves are net positive anyway. Even though he is in crypto to help his company, that's fine. Everyone have their motivations for joining the crypto bandwagon. As long as those intentions are genuine, looks good to me.

Doge will do well in the near future. Naming that department as DOGE will be a huge capitalist for DOGE upward price action once his office goes into full effect with the Donald Trump's new administration.

I would say he is a smart bugler who is used to touch others for something new. All innovations related to Paypal, Tesla, Space X ^{you name it}  have been bought by him ^DYOR for the miserable price  from the true inventors  ^{in fact he has robbed them}.  I don't believe in his do-goodery relevant to crypto, ^{Musk dubbed First Lady}    is for money rather than for anything else.

True and whatever cryptocurrency he decides to choose from for his payment system on X that will drive it to unprecedented no heights.
Many are already saying that would be Doge. Even the mainstream media are mentioning about it's current rise and speculating this.
Naming the task force in government after this memecoin only brought it up to that it's total market cap is worth more than some companies such Sony.
https://www.forbes.com/sites/digital-assets/2024/11/19/who-let-the-doge-out-why-is-a-dogecoin-at-a-55-billion-market-cap

Elon is a smart man and dor what ever supports he would given trump is for a benefit because for every support their is an actual benefit, it is clear so there is a clear meaning for the support and  it is true that Elon might be given a political appointment and my reasoning was that will Elon accept anything political because he looks like who is focused on his project space x that is one of his biggest projects and Elon wants to take over everything starting from the internet downward and the only thing Elon is not really into is agriculture, he as already taking over transportation sector with is Tesla Motors and the one that surprises me the most is why on earth will
Someone wants to build an hotel in mars to abandon earth in the future.

To me all this are not necessary why not fix earth rather than trying to go to mars this looks the what is happening in the movies were the rich are sidelined the poor and they move to a better place, and even recently Elon lunched bunch of Ai assistant, it might be helpful but as it's own implementation, people won't see that now and Elon is gradually getting what he wants and make everyone believes he loves bitcoin wereby everything is just business and trying to dominate all sectors.

So now we all know where Elon was yesterday evening for his Thanksgiving this year and it was with the family of Donald Trump.
He is now seen as part of his very own family and toted as the president's newly adopted son (well he wish he had ).

Trump and Elon Musk dance to YMCA at Mar-a-Lago Thanksgiving dinner
https://www.youtube.com/watch?v=iNqilWH7Wr0

Elon tweeted a screenshot of joe rogan profile--


The $ sign has people speculating it has something to do with being able to send people money on tweeter and maybe even crypto. If this does include crypto it will surely lead to another big boost on market prices 

Ripple too? I would imagine he is doing this partnership due to x-payments being thought out now that he is the official head of the D.O.G.E once Trump got elected into office which is very good for all of cryptocurrency as awhole.

Exactly!
Any fool can see what this has done to the cryptocurrency markets as everything is pumping.
Dogecoin is even at $0.425usd from $0.13 just before the pump.

For those who are still in denial are just being a nunance and should be banish with anything to do with this Trump pump if you ask me.

I understood everything about Musk from the moment he first appeared in public with Trump. Even an idiot can understand what benefits the billionaire was pursuing. In his place, I would have also rooted for the elderly grandfather who instantly made me tens of billions of dollars richer. I wouldn’t be surprised if Elon takes a high-ranking position in the government. I read about this somewhere. Trump promised him something, if I’m not mistaken. Do you have any information on this? I’d like to get acquainted with it.

Is there something going on between elon and xrp too?

Binance posted this-

The crypto world is on fire after rumors swirl of a potential partnership between Elon Musk and Ripple. With Musk’s visionary innovation and Ripple’s

https://www.binance.com/fr-AF/square/post/16449984745769

Doesnt really say much so i wonder why they would post that

Doge has gone up in price just as everything else has due to the recent crypto bull run we are currently in.
But Elon has been making waves with the D.O.G.E in the US government caused it to spike up faster than most just as XRP has due to the resignation of the head of the SEC announced during the week.

It's all about strategy. And Elon Musk knows this. He played his cards right by investing in crypto and supporting President Trump. Now he's making more money than ever. We are the only foolish ones not to take advantage of Elon Musk's market manipulation. If we did, we would've been successful by now. Just follow his lead, and there should be nothing to worry about.

I'd do DCA on Dogecoin until prices rise back up again due to the hype. Afterwards, I'd sell to reap up the rewards. Rinse and repeat. I wonder what would be of Dogecoin once Elon Musk abandons it? One thing for sure, is that Bitcoin will always be the "King" of crypto. So altcoin lovers (especially ETH fanboys) better deal with it. With or without Elon Musk, crypto will be here to stay.

The thing now is that is Elon really concerned about politics the only thing he will be more concerned about is his project because the man looks more focus on making is dream come true and their have been a lot of dreams and he is already bringing them one after the other to reality and one of his biggest dreams is to have an hotel in mars . And if you look at it if he eventually gets a appointment to be in charge of transportation of what use will it be for Elon I don't think their will be any use, and the doge that Elon have in is possessions will make him richer and Elon wants to be part of everything this is somthing that I have notice with him he has taking it seriously to touch every aspect.


Don't be surprise that he might also have bitcoin but you never can be sure because Elon is a business man and all he thinks about is how to expand is business in every sector their are just few sectors that his not really touch and his more focus on space X and as far Elon is their their is nothing different when he wants the price to go up it is something that he can do by just making a possitive comment about the coin and that is all that is needed and you see it will be on high demand.

I just finished reading about this and I can say I am a bit surprised that the name was abbreviated as DOGE. Maybe this was Elon Musk plan too. Could also be the reason for Doge's sudden upward market.
But back to the subject since we are not in Altcoin Discussions.

https://en.wikipedia.org/wiki/Department_of_Government_Efficiency

Trump also said it will be a department that could "dismantle government bureaucracy" and more. I think those two will be targeting the budgets and other financial of every government agency and they will probably have more haters on the officials there. It's a big job, I just hope they can survive it and be brave enough to cut those budgets if needed be.

Yea, saw this before when some 'random' user had tweeted the full form of DOGE and elon replied to it.
Insane that they are actually gonna establish such a department,

People are already throwing shade saying a Department of Efficiency with 2 Heads is not actually Efficient 

For many that do not know, Trump was going to assign a position for Elon in his presidential counsel.
So it was announced yesterday he is going to put him and Vivek Ramaswamy as head of the Department Of Government Efficiency.

https://www.forbes.com/sites/maryroeloffs/2024/11/13/trump-names-musk-to-new-department-of-government-efficiency-heres-everything-theyve-said-about-working-together

https://www.cnn.com/2024/11/12/politics/elon-musk-vivek-ramaswamy-department-of-government-efficiency-trump/index.html

https://www.nytimes.com/2024/11/12/us/politics/elon-musk-vivek-ramaswamy-trump.html

True both @Sonia_123 & @fruktik
Elon Musk's net worth has raise by quite abit post U.S Election and is now $300 billion due to backing the right person to become president.
https://www.forbes.com/sites/dereksaul/2024/11/08/tesla-hits-1-trillion-market-cap-musk-becomes-300-billion-man-after-trump-win

His Tesla electric car corporation is now a trillion dollar company according to this article:
https://www.barrons.com/articles/tesla-stock-trump-election-711f7237

And Musk also earned $21 billion in one day. That's why he was so ardent in his support for Trump. Only a complete idiot couldn't understand and see the basics. Everything is much simpler than it seems. Why does Musk need a place in the government when he already has so much power and money? To carry out illegal activities under the patronage of a president who is a criminal himself? Yes, I don't rule out such a development. It is highly likely that the States will face hard times with such leadership.

I would already start thinking about impeaching Trump. Put all criminal cases into the process and bring them to a logical conclusion. A criminal should not be at the head of the country.

Elon Musk, Changpeng Zhao, Coinbase’s Brian Armstrong Add Billions to Net Worth Post-Trump Win
Musk's wealth surged by over $26b due to a Tesla stock boost, driven by the market's positive response to Trump's expected pro-business policies.

After Donald Trump’s presidential election victory on Nov. 6, 2024, numerous billionaires, especially those in the tech and finance sectors like Elon Musk, saw a substantial increase in their net worth.This boost came as the S&P 500 rose 2.5%, and the Nasdaq jumped 2.9% Wednesday, showing strong gains right after the election.
The Bloomberg Billionaires Index showed Musk’s wealth alone surged over $26b, driven by a strong rise in Tesla’s stock. This boost came from the market’s positive reaction to Trump’s anticipated policies, like corporate tax cuts and a pro-crypto stance.
Musk, who contributed about $119m to Trump’s campaign, benefited from this renewed investor confidence.
Trump, during his campaign, hinted that he intends to offer Musk an official role in his administration if re-elected. Talks about Musk’s potential role centered on creating a position focused on enhancing government efficiency and reducing costs. Musk has jokingly referred to this position as leading the “Department of Government Efficiency” (DOGE).


https://cryptonews.com/news/elon-musk-changpeng-zhao-brian-armstrong-add-billions-post-donald-trump-win/

Trump won, so there's a high chance Elon Musk will be nominated for a government position. There are rumors Trump will put Elon Musk in-charge of the Department of Energy. Others said the Department of Transportation would suit Elon Musk better. The D.O.G.E. (Department of Government Efficiency) will happen whenever we like it or not. I'm sure Elon Musk's bags will be filled with money soon. Dogecoin will probably surge in price, albeit for a short period of time. Bitcoin, on the other hand, will experience solid gains in the years ahead because of the upcoming pro-crypto Trump administration.

There's no way Elon Musk will ditch crypto. At least, not for now. We all know he's into this to get a lot of attention. And guess what? It seems that his strategy is working. What I really want to see is if Elon Musk will keep up with his promise of integrating Dogecoin into X (formerly known as Twitter) for payments. Time will tell us if this will become a reality or simply a "pipe dream". Just keep buy, "hodl", and forget about the rest.

Elon took to the Joe Rogan Experience right before the elections are complete and discussed the most recent occurrences which he has noticed during campaign smearing happening this time around.
Including what happened over the weekend with PNut the squirrel a social media phenomenon with millions of followers:
https://abcnews.go.com/US/wireStory/orphaned-squirrel-social-media-star-euthanized-after-seized-115415014

Just might be the turning moment that Trump needed just like in 2016 with Harambe:
https://www.vox.com/2016/11/9/13572332/-write-in-votes-election

They joked about this on the JRE podcast released yesterday:
Joe Rogan Experience #2223 - Elon Musk
https://www.youtube.com/watch?v=7qZl_5xHoBw