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Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 20. (Read 6613 times)

legendary
Activity: 2828
Merit: 1497
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There was a podcast by a well known celebrity in the technology space who put in their take on why tesla flipped on bitcoin when they said they would be accepting it and then all the sudden announced they would not after having bought millions worth of the cryptocurrency spurring the bull run.
https://www.youtube.com/watch?v=jsRQE0O2_XY
They both have a good sense of what tesla was trying to do but failed miserably at their attempt because all they were looking for was publicity but they received the bad kind and it showed in their stock plummeting after the trace back on what they had said. Most think it was because of what Elon said about cryptocurrency mining being bad for the environment and with his company looking to receive these carbon credits from the US government to companies being green and supporting technologies toward their target of emitting carbon zero emissions by the year 2030.
legendary
Activity: 3094
Merit: 1127
The guy is a clown. He can have all the money in the world but he is behaving like a 2 year old kid, he's disgusting. Why people worship such an idiot I have no idea and will never will. Some people never stop to amaze me.
We do have only 2 types of people when it comes to this on where there are people whom do see him as a 2 year old kid and to those people whom do see him as a God or Idol when it comes to this market.
When some billionaires tend out to jump into this market then that automatically counts as a business.They arent here just for nothing, he might shown some passion or support to crypto but
anytime could really make a u-turn if he wanted too and viola it did happen and now majority of the community does changed up their views to this guy.
This is just an another clown that had existed on this market.
full member
Activity: 1204
Merit: 100
It is hard to say if he is just acting the fool or trying to make others look the fool at this point. Undecided
He tried to do what he did to tesla and it's stock but for cryptocurrencies back in February when he questioned if the stock was too high, then of course those who held tsla panic sold.

Well there were alot of messages like this one sent to his twitter feed from unhappy people of what he is doing:

It could be just people trolling the troll on his twitter but there isn't a doubt in my mind people did lose alot because he can not just shut it about cryptocurrency and feels there is a need to talk about it every now and again just to laugh at others cause he sees it all as just a joke to him.


i hate Ellon musk and i don't think he just wants money, he doesn't care about crypto, his main goal is to make profit out of it, and speaking of people saying that Ellon was the reason they lost, and some shit about being homeless, i think they should be adults about it, nobody forced them to invest in doge, and nobody guaranteed for them profits from crypto, it's their own choices and they should take responsibility for their actions.
full member
Activity: 644
Merit: 101
Ecowatt.io
I believe that the role of Elon Musk in the cryptocurrency world is greatly exaggerated and the attention to his statements is overblown. Rather, he decided to play around and draw more attention to himself and to Tesla. Yes, he is a cult personality of cosmic proportions, and it would be better if he was busy with his rockets than to climb with his dubious opinion into the cryptocurrency market, because the market will put everything in its place anyway.
legendary
Activity: 1358
Merit: 1093
The guy is a clown. He can have all the money in the world but he is behaving like a 2 year old kid, he's disgusting. Why people worship such an idiot I have no idea and will never will. Some people never stop to amaze me.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
It is hard to say if he is just acting the fool or trying to make others look the fool at this point. Undecided
He tried to do what he did to tesla and it's stock but for cryptocurrencies back in February when he questioned if the stock was too high, then of course those who held tsla panic sold.

Well there were alot of messages like this one sent to his twitter feed from unhappy people of what he is doing:

It could be just people trolling the troll on his twitter but there isn't a doubt in my mind people did lose alot because he can not just shut it about cryptocurrency and feels there is a need to talk about it every now and again just to laugh at others cause he sees it all as just a joke to him.

hero member
Activity: 1414
Merit: 574
There were alot of tweets from him over this past weekend.
At one point he was asking why bitcoin wasn't faster and why not centralize the mining for it - in a sense.
Someone told him, what does he think BCash/BSV was all about? Wink

The thing is he is commenting on crypto and bitcoin without any experience or research into it and to me that is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
In this instance it was bitcoin, but could of been done to any coin he chooses.
And this to me can be very dangerous in the current market we all are in.

I don't think that EM has never done any previous research on crypto because he is such a smart person that even in taking short profits for just 2 months he has already made a profit of 128 M USD on selling 10% of his BTC.  But what I really regret about all of his words, why are there so many coins on the market, only DOGE is fully supported by him?  This is just a meme coin on all coins with good fundamentals, why not another coin.  Very disappointing, he seemed to be gambling with a large capital.
I think that he has done research about bitcoin and other altcoin.
Why he choose dogecoin because if he can get let say 30% until 50% total supply within 2019 till 2020 and promote them at the end of the year.
How much he can earn now?

By mastering a certain proportion of Dogecoin it will be very easy to increase and decrease the price in the market until it gets its biggest profit.  Look at the results of his deeds, the market is out of control while he has already earned hundreds of millions of USD in profits.  It is very, very extraordinary, great at doing mass fooling.
full member
Activity: 784
Merit: 116
There were alot of tweets from him over this past weekend.
At one point he was asking why bitcoin wasn't faster and why not centralize the mining for it - in a sense.
Someone told him, what does he think BCash/BSV was all about? Wink

The thing is he is commenting on crypto and bitcoin without any experience or research into it and to me that is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
In this instance it was bitcoin, but could of been done to any coin he chooses.
And this to me can be very dangerous in the current market we all are in.

I don't think that EM has never done any previous research on crypto because he is such a smart person that even in taking short profits for just 2 months he has already made a profit of 128 M USD on selling 10% of his BTC.  But what I really regret about all of his words, why are there so many coins on the market, only DOGE is fully supported by him?  This is just a meme coin on all coins with good fundamentals, why not another coin.  Very disappointing, he seemed to be gambling with a large capital.
I think that he has done research about bitcoin and other altcoin.
Why he choose dogecoin because if he can get let say 30% until 50% total supply within 2019 till 2020 and promote them at the end of the year.
How much he can earn now?
hero member
Activity: 1414
Merit: 574
There were alot of tweets from him over this past weekend.
At one point he was asking why bitcoin wasn't faster and why not centralize the mining for it - in a sense.
Someone told him, what does he think BCash/BSV was all about? Wink

The thing is he is commenting on crypto and bitcoin without any experience or research into it and to me that is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
In this instance it was bitcoin, but could of been done to any coin he chooses.
And this to me can be very dangerous in the current market we all are in.

I don't think that EM has never done any previous research on crypto because he is such a smart person that even in taking short profits for just 2 months he has already made a profit of 128 M USD on selling 10% of his BTC.  But what I really regret about all of his words, why are there so many coins on the market, only DOGE is fully supported by him?  This is just a meme coin on all coins with good fundamentals, why not another coin.  Very disappointing, he seemed to be gambling with a large capital.
sr. member
Activity: 700
Merit: 251
Due to the energy consumption power losses, Elon musk tweet about his company tesla car with bitcoin transactions suspended. After published his tweet about bitcoin whole cryptocurrencies market already downed badly.

See how big the impact he made with his act and words. So no wonder that his words can really affect other prices, like doge for example. I mean, doge is hyping up mostly thanks to him, people with no knowledge will believe him and follow what he did, buying doge, selling bitcoin, or others. He's an influenxer for sure. I guess he's not really doing it for the sake of crypto, but for his own interest and profit. He'll just do what he thinks will benefit him i guess.
legendary
Activity: 2828
Merit: 1497
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I guest elon musk hasn't sold the majority of his dogecoin yet
No, he hasn't because he commented to Peter McCormick on it earlier yesterday nor his companies holdings of btc.
https://twitter.com/PeterMcCormack/status/1394661413055078400
But who can really believe a word he says because if you don't already know he is a compulsive liar and had used this to manipulate his way into Tesla.
There is a rather good two part video I found earlier today about his entire dealings on how he managed to acquire all his companies to this day.

https://twitter.com/PeterMcCormack/status/1394662596599558144

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.
Elon Musk is an excellent manager. He was always among the first to promote ideas and technologies and achieved success, having thought out all the logistics of the process in advance. That is why  Musk's opinion is trust, even it was joking. His one tweet raised the price of Doge, . It's no secret that the mass media and social networks are capable of manipulating public opinion. Many people recklessly trust the opinion of the  reputable successful individuals  and of the majority.
If Elon Musk is a great manager, why are his statements so contradictory about Bitcoin? At first, with his mentions of Bitcoin, he made him a good advertisement, and he himself saw it and understood their influence on the masses and on the cryptocurrency market. He also had to understand how negatively his latest negative comment about Bitcoin would affect this market. As a manager, he must also understand that he will lose some of his income from owning bitcoins if he says so. Moreover, he actually said a lie, since Bitcoin is mined on electricity, which is produced not only from the combustion of hydrocarbons such as coal and fuel oil, but also from clean renewable energy sources. That is, any energy is consumed that is generated from any sources that are in a certain area. I do not see foresight in these actions and statements by Elon Musk.
Because he is a massive troll. That is all there is to it.
He plays these games because in his mind he thinks its cute or people will see it as humorous but in reality it is not.
I believe he intentionally puts up a barrier to see things from another person's point of view of what he deems as the right way to do things but are far from it.
Remember when there were that thailand kid soccer team trapped in a cave? He ended up getting sued by one of the rescue divers who he called a pedophile. All because he said he didn't want elon's help in the matter and they will get those kids out themselves.
full member
Activity: 2254
Merit: 223
#SWGT PRE-SALE IS LIVE
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.
Elon Musk is an excellent manager. He was always among the first to promote ideas and technologies and achieved success, having thought out all the logistics of the process in advance. That is why  Musk's opinion is trust, even it was joking. His one tweet raised the price of Doge, . It's no secret that the mass media and social networks are capable of manipulating public opinion. Many people recklessly trust the opinion of the  reputable successful individuals  and of the majority.
If Elon Musk is a great manager, why are his statements so contradictory about Bitcoin? At first, with his mentions of Bitcoin, he made him a good advertisement, and he himself saw it and understood their influence on the masses and on the cryptocurrency market. He also had to understand how negatively his latest negative comment about Bitcoin would affect this market. As a manager, he must also understand that he will lose some of his income from owning bitcoins if he says so. Moreover, he actually said a lie, since Bitcoin is mined on electricity, which is produced not only from the combustion of hydrocarbons such as coal and fuel oil, but also from clean renewable energy sources. That is, any energy is consumed that is generated from any sources that are in a certain area. I do not see foresight in these actions and statements by Elon Musk.
full member
Activity: 784
Merit: 116
The thing is he is commenting on crypto and bitcoin without any experience or research into it
I think elon musk already know everything before he decide to buy bitcoin or dogecoin.

That is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
For him? Ofcourse not, He is the businessman. He need as much money as he can to achieve his dreams.
Go to mars!!

Just watched this insightful video a couple of days ago.
Tesla's Crypto Master Plan - by Paul Barron
https://www.youtube.com/watch?v=TTPOOzXTG6g

I guest elon musk hasn't sold the majority of his dogecoin yet
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Just watched this insightful video a couple of days ago.
Tesla's Crypto Master Plan - by Paul Barron
https://www.youtube.com/watch?v=TTPOOzXTG6g
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
There were alot of tweets from him over this past weekend.
At one point he was asking why bitcoin wasn't faster and why not centralize the mining for it - in a sense.
Someone told him, what does he think BCash/BSV was all about? Wink

The thing is he is commenting on crypto and bitcoin without any experience or research into it and to me that is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
In this instance it was bitcoin, but could of been done to any coin he chooses.
And this to me can be very dangerous in the current market we all are in.
full member
Activity: 784
Merit: 116
IMO, He's not doing it for Tesla or SpaceX because those businesses have already accomplished great things without cryptocurrency. Elon Musk is doing this to aid cryptocurrency's massive adoption around the world by initiating this type of operation.
Are you sure? Can you see elonmusk's mind?

For me Elon is just the same as McAfee and probably would end up like him in crypto space.
Now I see some meme post about people lose something because of following him.
If doge wouldn't recover then I guess Musk would really lose it and would really become like McAfee on crypto.
People would start to lose interest and trust on him then after that every tweet/post or comment that he would say would also be a big thing in here.
Yeah, 2021 bitcoin reach all time high. Do you know what McAfee said about bitcoin & altcoin now???
I think he had already sold most of his bitcoin.

He isn't for bitcoin, he isn't for Tesla. Wherever there is an opportunity to make money out of it, he'll have his part. This is how he has come into the cryptospace, and using his popularity and company needs he multiplied his investment in a very short time period. Even after that he's is getting indepth into the cryptospace just because he realised it is the future. As each and everything gets connected in a business he has got into it.
Agree
legendary
Activity: 2618
Merit: 1105
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He isn't for bitcoin, he isn't for Tesla. Wherever there is an opportunity to make money out of it, he'll have his part. This is how he has come into the cryptospace, and using his popularity and company needs he multiplied his investment in a very short time period. Even after that he's is getting indepth into the cryptospace just because he realised it is the future. As each and everything gets connected in a business he has got into it.
sr. member
Activity: 961
Merit: 269
CryptoDirectories.com
If trying to move the markets with the true intention of garnering attention towards your other companies in this way you will get what you deserve. Undecided

Karma some would say.

You reap on what you sow eh? When it comes to intentions then no one can really point the truth since we dont know on what he had been thinking
but the community isnt really that dumb nor that naive on not to notice things.  Cool
We wont be surprised if the ranking would be going down way more lower than on rank 10. What you think?
i also think this is just a start the way he tries to attack bitcoin might also backfire
when the community-driven coin retaliate he will never know when he will become one of the crypto clowns
the attack he is doing to the bitcoin community is not only financially but also mentally
he wants to save electricity when the bitcoin community give it to him who knows what will happen
hero member
Activity: 2352
Merit: 593
This guy is not good in the crypto community imo. He manipulates the crypto market to earn more money for his SpaceX project. He distracts the public by shilling doge and saying bad things about bitcoin to buy at a lower price. If bitcoin moves up, he can decide to sell his holdings to fund his SpaceX project then manipulate the market again to cause a panic again. If one or two of those top 10 holders of doge will sell their holdings that can cause dogecoin to go less than $0.1 then I think his dogecoin believers will stop following him and his madness will stop.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
This was the tweet from Mr.Whale which sparked the dump of bitcoin when Elon responded with a single word:
"Indeed." Roll Eyes

With several crypto youtubers posting immediately right after, this is the one I watched through it all to see what actually caused the 12% dump of the btc price since then.
https://www.youtube.com/watch?v=rSrpMwnC3vk
The above is to a livestream of bitboy crypto for those who do not like his point of view just a fair warning is all. Wink
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