Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 3.

Reid

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^
I say that's good news. He is just a supporter and I don't think that means too much if you say something like that. The only difference is he is a popular icon and he has so many followers. But, that should not mean we will deny him with his own opinion.

Elon Musk uses X to push his own story about the platform’s suspension in Brazil
https://www.nbcnews.com/tech/social-media/musk-uses-x-push-story-platforms-suspension-brazil-rcna169380

Honestly, I didn't have any clue that this is happening and I just recently read it.

Quote

Elon Musk and X are using the social media platform’s resources to rally supporters and spread legally questionable talking points about Brazilian Supreme Justice Alexandre de Moraes after he suspended X’s availability in the country.

The suspension came after X failed to appoint a legal representative in the country to manage orders and requests from Brazil’s court pertaining to content moderation. Musk refused to comply with de Moraes’ judicial orders to remove disinformation from the platform under Brazil’s speech laws.

Does X really have that much power when it comes to anything to believe in?
I do read some articles and sports news in X but I know they are real. But when it comes to people's opinions, it will depend on us if we will believe it or not. Facts are facts, it must be backed up by documents. An opinion is just a claim of an individual and I think it will depend on people on how they are going to take it.
Content Moderation? Yes, for 18-21+ contents. But with opinions, I think that's dictatorship if they are moderated.

Well, it is said that Brazil has different rule when it comes to misinformation so I guess that will change everything.

rdbase

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Elon Musk's electric car maker company Tesla wins dismissal of lawsuit alleging Dogecoin market manipulation recently:

source: https://www.dlnews.com/articles/snapshot/judge-dismisses-dogecoin-lawsuit-against-musk-tesla

source: https://www.coindesk.com/policy/2024/08/30/elon-musk-tesla-win-dismissal-of-lawsuit-alleging-dogecoin-market-manipulation

Abiky

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Quote from: Mr.right85 on August 22, 2024, 01:35:56 AM

When the rich starts rolling, what can we say…

There is no doubt in my mind that this is born out of Elon’s support for Trump over the few months that this presidential campaign has been going on. Both by using his platform X, his outspokenness and by means of donations. This might not mean much but definitely adds to Elon. When the plotters talks about “if willing to serve” and the next you hear “am willing to serve”. You just have to understand it’s scripted and not the first time it’s being said.

The man just wants to seek attention from the crypto community. It would be dumb enough to leave it behind, especially now that he's sided with a pro-crypto president. It seems the community already knows Elon Musk's tactics, since the recent AI-generated image about DOGE didn't "pump" market prices all the way to the moon. Good thing because it's not about one person. But rather the community as a whole.

I'm still waiting for Elon Musk to keep up with his promises of integrating DOGE into X (formerly known as Twitter). It's been all words without action. Rest assured that if Trump wins, Elon Musk's bags will be filled with money. That's because the crypto market will turn extremely-bullish. He's got nothing to lose. We'll see how long will Elon Musk's "empire" last. Cheesy

rdbase

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Truth be told he does care about free speech as we can all see this after he took over twitter and renamed it X.
With the recent turn of events he has more than ever shown where his views of freedom are and having grown up in South Africa he should know more than anyone how a society needs their freedom and how important freedom of speech is to everyone.

Elon Musk, Vitalik Buterin, RFK Highlight Growing Free Speech Threat After Durov’s Arrest

source: https://cryptopotato.com/elon-musk-vitalik-buterin-rfk-highlight-growing-free-speech-threat-after-durovs-arrest

SickDayIn

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I don't believe he is for cryptocurrency for attention. He already has so much of that. Elon Musk doesn't care about money. But he does care about freedom, democracy, and the opportunity for the people to use whatever technology they see fit. This is what crypto represents for him.

rdbase

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Interesting group of those named so far:

But I would like to see a more complete list of those who are backing X with cryptocurrency.

Sonia_123

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Elon Musk who is one of the biggest investor in the world has listed the complete list of the biggest investors in crypto for X corp, since he bought the firm, 3 hours ago.

https://coingape.com/elon-musk-x-corp-reveals-major-backing-from-crypto-market/amp/

Reid

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Quote from: Mr.right85 on August 22, 2024, 01:35:56 AM

When the rich starts rolling, what can we say…

There is no doubt in my mind that this is born out of Elon’s support for Trump over the few months that this presidential campaign has been going on. Both by using his platform X, his outspokenness and by means of donations. This might not mean much but definitely adds to Elon. When the plotters talks about “if willing to serve” and the next you hear “am willing to serve”. You just have to understand it’s scripted and not the first time it’s being said.

It's already done. Is that what you mean? Yeah, you might be right. I think this will be bigger for Elon Musk because now he can create havoc in the government and maybe push many of his projects to be supported instantly. That I think will be a bigger problem for those who are against him and it's not like everyone in the government is his fan. Cheesy

But let's not go to that yet. First, Donald Trump must win and his PR is good at using Elon Musk now to improve his chance of winning. Why? Elon has a large fanbase too and then the Dogecoin holders are also in his back so this is two birds in one stone. Cryptocurrencies fans and Elon fans. Very wise.

I see Donald Trump now at 2.05 and Kamala Harris at 2.10. They need to broaden that gap if they want a sure win.

Mr.right85

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Quote from: rdbase on August 20, 2024, 07:15:27 PM

Even bigger news on the horizon for the CEO of X and a reverend Trump supporter who donated to his campaign:

https://x.com/elonmusk/status/1825723913051000851

source: https://www.rollingstone.com/politics/politics-news/trump-elon-musk-administration-role-1235083514

When the rich starts rolling, what can we say…

There is no doubt in my mind that this is born out of Elon’s support for Trump over the few months that this presidential campaign has been going on. Both by using his platform X, his outspokenness and by means of donations. This might not mean much but definitely adds to Elon. When the plotters talks about “if willing to serve” and the next you hear “am willing to serve”. You just have to understand it’s scripted and not the first time it’s being said.

balotelli

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Why Always Me,.

Elon is a crazy guy, just like me, lol.

rdbase

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Even bigger news on the horizon for the CEO of X and a reverend Trump supporter who donated to his campaign:

https://x.com/elonmusk/status/1825723913051000851

source: https://www.rollingstone.com/politics/politics-news/trump-elon-musk-administration-role-1235083514

Abiky

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Quote from: rdbase on August 10, 2024, 05:43:08 AM

Ripple or XRP as most would know it from it's cryptocurrency symbol has dealt a major blow to the SEC and fought back laws put in place against having crypto progression for over a four year long period and millions of dollars worth in legal bills:

https://en.cryptonomist.ch/2024/08/09/elon-musk-and-ripple-a-new-era-for-xrp-in-digital-payments

Elon has already shown the great significance of the symbol X to his business plans with the change of twitter's name to it but now he can possibly change the entire global payment's system by incorporating yet another X into his platform:

Crypto attorney Fred Rispoli advocates Musk add XRP to it's x payments service from the SEC losing their lawsuit against Brad Garlinghouse's company Ripple earlier last week.
https://x.com/freddyriz/status/1821384923661680802

I've always thought Elon Musk was going to buy Ripple to get ahold of XRP for payments within its "X" platform. The guy loves anything with an "X" on it, so why re-invent the wheel making a new cryptocurrency from scratch? I mean if he's seriously interested in crypto/Blockchain tech. If Elon Musk acquires Ripple, Inc, XRP will be going to the moon. I think Mars for that matter.

From what I've learned during all these years in crypto, is that anything's possible. XRP is centralized and has partnerships with many banks worldwide. It could easily become the global payment system endorsed by governments worldwide. If Elon Musk decides to create his very own coin, expect regulators to come up with a fight. They will do the same as they did with Facebook's Libra/Diem project. We'll see what happens in the future.

rdbase

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Ripple or XRP as most would know it from it's cryptocurrency symbol has dealt a major blow to the SEC and fought back laws put in place against having crypto progression for over a four year long period and millions of dollars worth in legal bills:

https://en.cryptonomist.ch/2024/08/09/elon-musk-and-ripple-a-new-era-for-xrp-in-digital-payments

Elon has already shown the great significance of the symbol X to his business plans with the change of twitter's name to it but now he can possibly change the entire global payment's system by incorporating yet another X into his platform:

Crypto attorney Fred Rispoli advocates Musk add XRP to it's x payments service from the SEC losing their lawsuit against Brad Garlinghouse's company Ripple earlier last week.

https://x.com/freddyriz/status/1821384923661680802

rdbase

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Anyone else notice hashtag for bitcoin was removed from X today?
When you would type it in there was an orange BTC but now you get the normal blue text.
Elon trolling again during the bitcoin conference now or a code glitch? Just like what crowdstrike did to all those computers over last week.

Pomp on Fox business news trying to get people pomped up on it for the conference with mention of Trump talking about the strategic reserve narrative:

'MASSIVE HISTORICAL MOMENT': Crypto is buzzing with Trump speculation
https://www.youtube.com/watch?v=PhvlGriUSTY
He is a regular analyst of bitcoin for their business spot on the news sort of like Jim Kramer(who is the opposite for bitcoin) on MSNBC Mad Money.

Abiky

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Quote from: YUriy1991 on July 18, 2024, 11:35:44 PM

Yes, precisely on July 13th. My personal view is that a businessman, whether Elon or someone else, will definitely find out and know which way the wind will blow, especially when there is a big event.

and of course whatever Elon will do in the future or now, especially after the last events and we know where it will lead if it contributes to the development of digital currencies in the future.

I think it doesn't matter.

It's all about making money these days. Money talks, right? With Bitcoin spot ETFs approved by the SEC, it would be dumb not to follow the hype. It's in Elon Musk's best interests to keep the money flowing by supporting crypto as much as possible. His businesses will skyrocket if he goes all in.

I'd be suprised if Musk comes up with the announcement of launching his very own cryptocurrency (X Coin, perhaps?). It would trigger a massive bull run on the crypto market. And people would be dumb enough to buy and promote his coin. When will they learn? As long as Elon Musk has a strong influence on the market, crypto won't be going anywhere. It will be driven more by speculation than utility. But who am I to judge people? Cheesy

rdbase

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Quote from: Abiky on July 18, 2024, 04:40:02 PM

Quote from: SickDayIn on July 18, 2024, 08:07:24 AM

To be honest I doubt Elon Musk will mention much about cryptocurrency give the US Presidential Election is underway. Think about it, he is willing to commit $45m per month to an election candidate (Donald Trump). The last thing on his mind right now is pumping doge coin. Despite his jokes with doge coin though, I do believe he holds a lot of Bitcoin. He believes in the technology, but now is not the time he will be pushing it to the media.

Elon Musk is an opportunist. He's only into crypto to make a lot of money. Not because he truly believes in it. Now that Musk announced his full support for President Trump, he hopes to obtain the crypto industry's attention. After all, Trump presented himself as a pro-crypto candidate.

We can only imagine Elon's companies rising all the way to glory during a second Trump term (and a bullish crypto market). Perhaps, even DOGE will benefit from this. Who cares about what Elon Musk does? Crypto doesn't need him to survive. As long as it stays decentralized, there should be nothing to worry about.

But he has a lot of money already. So his motivation for getting into it is not for any sort of financial gain from it.
He did agree to donate $45 million a month to the Trump campaign last week.

Now his profile picture has changed to laser eyes to make fun of when Biden did it:

https://cryptobriefing.com/elon-musk-laser-eyes

https://cryptonews.com/news/bitcoin-price-as-billionaire-elon-musk-changes-profile-pic-to-laser-eyes-is-he-buying-bitcoin-again.htm

There is also a coin already called ELON MUSK HAS LASER EYES DARKELON worth $0.01usd.
https://coinbrain.com/coins/bnb-0x19515e5e9b2be3afafb2dd36f8a3ff25d7811c90

tottong

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Quote from: Wakate on July 18, 2024, 05:38:06 AM

Whether Elon is using Bitcoin to increase the sales of his company, I don't think that is our business because the whales would also use their power to make things happen. He was able to successfully influence the price of Bitcoin and other altcoins too making more investors to join the crypto market. He has quite a strong impact in the crypto market and we don't have to discriminate him even though he is using the influence to increase the sales of his company. This is strictly business and we need to understand that. Everyone is looking for opportunities to make money for themselves and anyone of us will want to take the slightest opportunity.

There is no problem at all with that and what we are discussing is how one does not depend on FOMO on the level of investment maturity in the long term.
But to take advantage of profits in the short term, please just look for opportunities everywhere because our goal in engaging in investment is only to talk about profits.
Elon Musk does have a big influence on social media because many followers admire him and the public will also be influenced when he tries to make a breakthrough.
He is a businessman and whatever he does cannot be separated from efforts to reach the stage of being able to generate profits.

But it must also be remembered that a person's indicators in carrying out investments do not always have to depend on other people.
Because we also have to have our own analysis to determine investment steps and if we take advantage of existing conditions to make a profit, please do it carefully.

YUriy1991

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Quote from: Abiky on July 18, 2024, 04:40:02 PM

Elon Musk is an opportunist. He's only into crypto to make a lot of money. Not because he truly believes in it. Now that Musk announced his full support for President Trump, he hopes to obtain the crypto industry's attention. After all, Trump presented himself as a pro-crypto candidate.

Yes, precisely on July 13th. My personal view is that a businessman, whether Elon or someone else, will definitely find out and know which way the wind will blow, especially when there is a big event.

and of course whatever Elon will do in the future or now, especially after the last events and we know where it will lead if it contributes to the development of digital currencies in the future.

I think it doesn't matter.

Abiky

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Quote from: SickDayIn on July 18, 2024, 08:07:24 AM

To be honest I doubt Elon Musk will mention much about cryptocurrency give the US Presidential Election is underway. Think about it, he is willing to commit $45m per month to an election candidate (Donald Trump). The last thing on his mind right now is pumping doge coin. Despite his jokes with doge coin though, I do believe he holds a lot of Bitcoin. He believes in the technology, but now is not the time he will be pushing it to the media.

Elon Musk is an opportunist. He's only into crypto to make a lot of money. Not because he truly believes in it. Now that Musk announced his full support for President Trump, he hopes to obtain the crypto industry's attention. After all, Trump presented himself as a pro-crypto candidate.

We can only imagine Elon's companies rising all the way to glory during a second Trump term (and a bullish crypto market). Perhaps, even DOGE will benefit from this. Who cares about what Elon Musk does? Crypto doesn't need him to survive. As long as it stays decentralized, there should be nothing to worry about. Cheesy

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Quote from: uneng on July 17, 2024, 03:43:14 PM

Quote from: Smack That Ace on July 17, 2024, 08:02:55 AM

After all, he is a businessman and profits are still his top priority so don't be surprised when he focuses on profits.

That is why Bitcoin adopters shouldn't be idolizing anyone. I saw some posts across the internet where people wished Elon Musk were invited to speak on Bitcoin Conference side by side with Trump (what is another ridiculous idea on my conception). Why do people behind this Conference need centralizing Bitcoin around some biased political figures? Bitcoin has come to balance things in favour of those who were disadvantaged regards financial world's opportunities in the past exactly because those figures exist and act the way they do.

Trump isn't concerned about Bitcoin giving more freedom to average people around the world. Elon Musk neither, it's all about profit and personal interests. If tomorrow they find out Bitcoin is uninteresting for their personal image, they are going to adopt an hostile stance towards it (once again, as it has already happened previously). So why are the common people who were benefited by Bitcoin concerned about raising the voices of Trump, Musk and such characters?

It's just ridiculous in my opinion... These people deserve being their sheep inside a centralized environment fully controlled by these landlords.

Never happen since Trump does not want to be seen by his large backers, think about what happened with FTX. Biden was never seen with Sam Bankman Fried in public. But people in his congress were, so after he was sentenced these pictures surfaced and backfired on him as President.
This is a business man and knows how influence all works and put it into his favor when wanting to spin a narrative.
It is common sense.

Quote from: SickDayIn on July 18, 2024, 08:07:24 AM

Quote from: rdbase on May 07, 2021, 04:40:39 PM

Watching the lately spot about Musk appearing on live tv this weekend for showing what all the hype is about and if he will actually have a mention of his favorite cryptocurrency doge, it seems the media are jumping all over this appearance.
https://www.youtube.com/watch?v=nWWzszskgmA

What are your thoughts about this North American appearance and what do you think he will do or say about doge or even bitcoin?
I think since Miley Cyrus is the musical guest he will have her dress up as a dog and call her doge. Cheesy

She likes cats and had dressed up as them on stage during her concerts, so you never know what these two crazy people will do on this episode.

To be honest I doubt Elon Musk will mention much about cryptocurrency give the US Presidential Election is underway. Think about it, he is willing to commit $45m per month to an election candidate (Donald Trump). The last thing on his mind right now is pumping doge coin. Despite his jokes with doge coin though, I do believe he holds a lot of Bitcoin. He believes in the technology, but now is not the time he will be pushing it to the media.

He is playing it all out just as these CEOs of a large corporation always do.
Just look at his latest news of moving headquarters of Tesla to Texas:

https://x.com/elon_docs/status/1813604310632264147

Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 3. (Read 8576 times)