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Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 25. (Read 8545 times)

legendary
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As I had mentioned in another post earlier for this thread, I'd include a video in which I discovered just recently about how this ceo operates his company and the methods he had used in the past to acquire each and every one of them.
So here it is where I watched the second part first then ended up looking for the first part to see where the condemnation for this guy came from. And after watching them both I can see where it all stemmed up from and I think you will too.
The Debunking of Elon Musk

Part 1: https://www.youtube.com/watch?v=c-FGwDDc-s8
Part 2: https://www.youtube.com/watch?v=DopFo1rjAr4

Elon Musk - Why I hate bitcoin?

https://www.youtube.com/watch?v=mWo3Y6GOius
legendary
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Checked some of the mainstream media sites. Now everyone is praising Elon for the recent recovery. They are claiming that Elon softened his stance on Bitcoin, and that helped the coin to recover. Those who are having a basic understanding of cryptocurrency would be able to tell that this is just BS. Elon Musk is overrated and a lot of things that are credited to him have nothing to do with him. From what I have heard, the recent recovery has more to do with the clarification of government action from China, rather than any statement from Elon.
legendary
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So looks like the founder of ethereum is starting to get all riled up with Elon Musk stating that even doge coin is more scalable than his coin alongside with bitcoin.
https://cointelegraph.com/news/vitalik-why-elon-musk-s-plan-for-scaling-crypto-10x-is-fundamentally-flawed
He was upset at what Vitalik said about him to cointelegraph cause he replied to their article with the following post:

legendary
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^^
He didn't straight out say buy doge coin but he is supporting it by accepting it for a space x launch and also stated working with the devs dogecoin.
So he is heavily endorsed towards making it overthrow other coins including bitcoin in the future.

Here is an interesting post on reddit I was reading in the past couple of days about what another skeptic thinks about what is progressing with him being involved in the cryptocurrency space whether it is right or wrong for those who support bitcoin.

Why Elon trashing Bitcoin is great news
I will just sum up the facts:
Tesla has problems with Chinese Gov (where most bitcoin miners are located).
-Tesla shares have been falling for months.
-Coinbase was the most downloaded app in the AppStore a couple of weeks ago.
-Drukenmiller questioned the central banks actions, said the US dollar was going to lose the status reserve in less than 15 years and crypto was the answer for such irresponsible policies.
-Investment banks are going to begin commercialize the crypto investment products to their clients but these products won't be available until Q3-Q4 2021.
So now, why would Elon Musk changed his tune about bitcoin? Well I bet there could be several reasons:
US Gov using him to scare the shit out of new unexperienced investors given that FUD tactics haven't worked until now because they want to prevent crypto adoption as a means of payment as they would lose control of money.
Corporate investors and investment banking using him to sink the price so that they can buy low and the sell high once they have their products ready, in exchange tesla gets included in all kind of investment funds.
Musk pumping un dumping for the fun and making tons of money of his delusional fans.
Honestly I don't care which of these reasons could be true, I am just speculating about potential reasons that could lead Elon Musk to do this, because one thing is clear, he has some kind of incentive to trash bitcoin and shake out retail investors.
He knew very well how mining works, he event answered to a tweet from Jack Dorsey that bitcoin incentivized renewable energies, only to change his tune 3 weeks later. Of course, his space X rockets, his litium mines in Africa and his gigafactory in Texas and China where most energy comes from fossil fuels don't pollute.
So please use your head and not your emotions when deciding if you buy, sell or hold. For me, it is clear what to do.


source: https://www.reddit.com/r/Bitcoin/comments/ndxvmr/why_elon_trashing_bitcoin_is_great_news
legendary
Activity: 3136
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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.

Everyone wants to make money and so does Elon Musk. Name any individual in the world who is here not for the money ? However i don't like people who manipulates the market to move it in their direction.
Don't blame Elon musk, if you bought dogecoin and are in loss. It was your own decision. Show me any tweet where he said to "Buy dogecoin"
legendary
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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: 840
Merit: 117
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.
sr. member
Activity: 2352
Merit: 245
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: 840
Merit: 117
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
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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.
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