Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 5.

rohang

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Gay Elon Musk (GAYELON) to Skyrocket 14,000% as KuCoin Listing Announced, While Shiba Inu and Dogecoin Struggle - Crypto Daily
https://cryptodaily.co.uk/news-in-crypto/crypto-intelligence:gay-elon-musk-gayelon-to-skyrocket-14000-as-kucoin-listing-announced-while-shiba-inu-and-dogecoin-struggle

GAYELON Just came out and already being listed on kucoin is very strange Shocked

rdbase

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^^
Funny how you say all this with a Elon Coin as your banner. Undecided

So can your views be bias just for the sake of holding a signature to a coin named after the topic we are discussing?
Because to me that is not being truthful to ones self if you are getting blinded by your campaign on the forums.

Anyways, there was one thing you said which can be valid. The rich are greedy.
Just look at Warren Buffett for instance.
He has as much money as a man can know what to do with in ones life yet he wants and makes more.
It is a power thing obviously. He can't seem to get enough of it.
To him money is power but for Elon I believe it is the number of companies he owns and relaying he is right to the world. So Twitter was the ultimate prize to him because now he has a platform to do and say whatever he wishes to without anybody else to tell him otherwise.
Just look at what the SEC tried to do to him with their investigations on X.
Of course, nothing will come of it.

peter0425

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Quote from: danadc on May 04, 2024, 09:07:24 AM

I don't understand Elon Musk's intentions. Are you a person who has everything in life for money? Do you want more money?

You will be surprised that it's actually the richest people who are more greedy about money. The more they have the more they want and it's absolutely insane to think about. With Elon's intentions though, it's hard to say because some people see him as someone really smart and calculating however some people see him as attention seeking with no real plans for his life

It's absolutely difficult to understand his intentions are so I just suggest to take everything he says with a grain of salt.

Quote

I don't know, but I think Elon loves him, because I don't see any other way for him to be a person like that. He spoke badly about bitcoin and that condemned the most experts to go against him, and the bitcoin community doesn't accept him very much, almost I don't do it because it seems to me that he is an egocentric person, and he is also a very millionaire person, with many plans and projects even to go to other planets, so what I think he wants is more attention for him, for them to adore him and for them to say which is the best, all that egocentrism, I still remember when he spoke badly about bitcoin and made it drop in price.

Maybe he just wants to see how impactful his words are. He might be drunk with power and authority.

rdbase

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Quote from: Ale88 on May 04, 2024, 11:23:45 AM

Quote from: danadc on May 04, 2024, 09:07:24 AM

I don't understand Elon Musk's intentions. Are you a person who has everything in life for money? Do you want more money? I don't know, but I think Elon loves him, because I don't see any other way for him to be a person like that. He spoke badly about bitcoin and that condemned the most experts to go against him, and the bitcoin community doesn't accept him very much, almost I don't do it because it seems to me that he is an egocentric person, and he is also a very millionaire person, with many plans and projects even to go to other planets, so what I think he wants is more attention for him, for them to adore him and for them to say which is the best, all that egocentrism, I still remember when he spoke badly about bitcoin and made it drop in price.

I think that at this point we are way beyond making money, I feel like Musk doesn't know what else to do in his life to keep bringing attention on him, that's way he tweets all the stupid stuff and sometimes (oftentimes) behaves like a kid. He is extremely egocentric and I bet he is a very difficult person to deal with, no matter if you're his friend or if you work for him.

He has found his calling being a Fighter of Freedoms on the internet as you can see from recent actions contributing funding a lawsuit against Disney with Gina Carano months ago.
https://www.reuters.com/world/us/fired-mandalorian-actor-sues-disney-with-funding-elon-musk-2024-02-06

Now he is having backing from the former creator of his own social platform X.

"The Twitter co-founder Jack Dorsey has left the board of Bluesky, the decentralised social network he helped start, and encouraged users to remain on his first site, now owned by Elon Musk and called X."
source: https://www.theguardian.com/technology/article/2024/may/07/jack-dorsey-quits-bluesky-board-urges-users-stay-elon-musk-x-twitter

Ale88

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Quote from: danadc on May 04, 2024, 09:07:24 AM

I don't understand Elon Musk's intentions. Are you a person who has everything in life for money? Do you want more money? I don't know, but I think Elon loves him, because I don't see any other way for him to be a person like that. He spoke badly about bitcoin and that condemned the most experts to go against him, and the bitcoin community doesn't accept him very much, almost I don't do it because it seems to me that he is an egocentric person, and he is also a very millionaire person, with many plans and projects even to go to other planets, so what I think he wants is more attention for him, for them to adore him and for them to say which is the best, all that egocentrism, I still remember when he spoke badly about bitcoin and made it drop in price.

I think that at this point we are way beyond making money, I feel like Musk doesn't know what else to do in his life to keep bringing attention on him, that's way he tweets all the stupid stuff and sometimes (oftentimes) behaves like a kid. He is extremely egocentric and I bet he is a very difficult person to deal with, no matter if you're his friend or if you work for him.

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I don't understand Elon Musk's intentions. Are you a person who has everything in life for money? Do you want more money? I don't know, but I think Elon loves him, because I don't see any other way for him to be a person like that. He spoke badly about bitcoin and that condemned the most experts to go against him, and the bitcoin community doesn't accept him very much, almost I don't do it because it seems to me that he is an egocentric person, and he is also a very millionaire person, with many plans and projects even to go to other planets, so what I think he wants is more attention for him, for them to adore him and for them to say which is the best, all that egocentrism, I still remember when he spoke badly about bitcoin and made it drop in price.

God bless u

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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.

Elon is planning something very big. Either he is showing all this to gather attention of big investors and then manipulate the doge market to get huge amount of profits.

Or it's either that to remain into the media and to have a dominant personality over the world he want to come into the crypto world so that people can continue to have in their minds who is Elon Musk.

HideYourKeys

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I do not trust Elon tbh... he might get more profit with his doge manipulation

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Quote from: nutildah on May 03, 2024, 03:42:42 AM

Quote from: rdbase on May 01, 2024, 02:53:34 AM

SEC wanted to investigate his posts on our social network but Supreme Court overrules the evil empire's demands:

I'm gonna guess you meant Twitter / X instead of "our" social network. But what's funny is the only Elon Tesla tweet that made it into my memory banks was this one:

https://twitter.com/elonmusk/status/1256239815256797184

Quote

Tesla stock price is too high imo

I guess that could also be considered stock price manipulation? LOL

I really wish he would get back to tweeting about DOGE & manipulating that, for selfish reasons.

It's the top social media in the industry so I guess our social media platform just fits in. I call it my only social media. Cheesy

I have been using Twitter/X everyday for information regarding sports and cryptocurrencies and I bet many people do. It depends on what they will follow.

Most information now is right there and if you want the fastest update then X is the better choice. I am not using Meta/Facebook because it's filled with streamers who are just taking advantage of it unlike X.

Anyway, regarding Doge, yeah why not. He threw some hints to pump it again last time he was in Germany telling they could use Doge as means to buy Tesla.

nutildah

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Quote from: rdbase on May 01, 2024, 02:53:34 AM

SEC wanted to investigate his posts on our social network but Supreme Court overrules the evil empire's demands:

I'm gonna guess you meant Twitter / X instead of "our" social network. But what's funny is the only Elon Tesla tweet that made it into my memory banks was this one:

https://twitter.com/elonmusk/status/1256239815256797184

Quote

Tesla stock price is too high imo

I guess that could also be considered stock price manipulation? LOL

I really wish he would get back to tweeting about DOGE & manipulating that, for selfish reasons.

Reid

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Quote from: GigaBit on April 19, 2024, 02:42:03 PM

It is not so easy to guess the motives of traders like them. What is very well understood here is that he is an opportunity seeker. Although there is nothing to blame him because he did nothing that was illegal. However, this would be a big problem for those who would invest based on their vision or their words, becoming an ordinary crypto investor. Many invested in meme coins on the spur of the last bull market but there are doubts as to whether the coins will touch all time highs again. If Elon Musk is a famous and big businessman following him, there is more chance of loss than profit. People should not rely on any celebrity for investment. Investors must prioritize their own skills and knowledge. Everything Elon Musk does is for his profit, but we must take limits for ourselves.

He have the money so I think he will grab any opportunity he can make as long as they see profits. But I do agree that we should not just blindly follow anyone when it comes to investment even though they are celebrities. The FTX collapse is a good example of that, it's so big that even the followers of known Hollywood celebrities are being dragged down by their fans due to following every move they make. We have our own choice and own analysis, we should also use that.
I invested in CRO not because of Matt Damon but because I can see a good future for Crypto.com especially when they bought that long term name for Staples Center.

Back to Elon.

Quote from: rdbase on May 01, 2024, 02:53:34 AM

SEC wanted to investigate his posts on our social network but Supreme Court overrules the evil empire's demands:

https://www.upi.com/Top_News/US/2024/04/29/Supreme-Court-rejects-Elon-Musk-bid-nullify-deal-SEC-X-posts/4651714410204

I didn't know such a thing exists. Limited posts because it is being reviewed. I guess SEC is afraid that he might use X as platform to create mayhem or use it with other things like a form of free advertising himself if ever he wants to run office. Cheesy

That's the only reason that I could think of, or maybe an attack to SEC? Is that what they are preventing to happen?

Quote

He also argued regulators have since used the agreement to harass him and limit his free speech rights.

I guess this becomes a problem once you become an owner of a multi-billion social media service.

rdbase

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SEC wanted to investigate his posts on our social network but Supreme Court overrules the evil empire's demands:

https://www.upi.com/Top_News/US/2024/04/29/Supreme-Court-rejects-Elon-Musk-bid-nullify-deal-SEC-X-posts/4651714410204

rdbase

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Tesla had continued to hold their bitcoin and not sold any of their holdings of the cryptocurrency.

https://en.cryptonomist.ch/2024/04/24/tesla-maintains-its-bitcoin-no-sales-in-q1-of-2024

This goes the same for SpaceX which hold's over half a billion worth of bitcoin equaling out to $1.3 billion between the two companies.

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Quote from: Antotena on April 19, 2024, 01:45:05 PM

Quote from: Reid on April 19, 2024, 10:47:30 AM

It's possible that's it's them/him/Tesla.
Remember that time where he went to Germany and said it's possible to buy Tesla using Dogecoin? I think his financial advisor or crypto enthusiast advisor have suggested him to buy because of the possibility of a hype due to what he said. (speculating)
Who knows? There may be people who want to try buying Tesla using Doge, which means demand and next to it is a pump which also means profits to them on both ways.

I think Elon Musk personally see crypto as means of opportunity and when he thought about it, he knew that if he should create one, there is possibility of him been questioned later by SEC, so he used Doge and because it's was a meme coins, he could just played along and get his thing done because it's a joke coin, very clever of Elon Musk isn't? He was also the richest man that time, so it was very easy for him to used that influence on people. Have you seen SEC question his actions till date?

During that time that he went bullish on Bitcoin, Tesla stock was doing well. It was a perfect opportunity for him to pump it and also make more money for the company, sold at the top and then claim that the company need some liquidity, he didn't think of other options but selling Bitcoin at the top was the best option for him, very clever Elon Musk I must say.

It is not so easy to guess the motives of traders like them. What is very well understood here is that he is an opportunity seeker. Although there is nothing to blame him because he did nothing that was illegal. However, this would be a big problem for those who would invest based on their vision or their words, becoming an ordinary crypto investor. Many invested in meme coins on the spur of the last bull market but there are doubts as to whether the coins will touch all time highs again. If Elon Musk is a famous and big businessman following him, there is more chance of loss than profit. People should not rely on any celebrity for investment. Investors must prioritize their own skills and knowledge. Everything Elon Musk does is for his profit, but we must take limits for ourselves.

Antotena

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Quote from: Reid on April 19, 2024, 10:47:30 AM

It's possible that's it's them/him/Tesla.
Remember that time where he went to Germany and said it's possible to buy Tesla using Dogecoin? I think his financial advisor or crypto enthusiast advisor have suggested him to buy because of the possibility of a hype due to what he said. (speculating)
Who knows? There may be people who want to try buying Tesla using Doge, which means demand and next to it is a pump which also means profits to them on both ways.

I think Elon Musk personally see crypto as means of opportunity and when he thought about it, he knew that if he should create one, there is possibility of him been questioned later by SEC, so he used Doge and because it's was a meme coins, he could just played along and get his thing done because it's a joke coin, very clever of Elon Musk isn't? He was also the richest man that time, so it was very easy for him to used that influence on people. Have you seen SEC question his actions till date?

During that time that he went bullish on Bitcoin, Tesla stock was doing well. It was a perfect opportunity for him to pump it and also make more money for the company, sold at the top and then claim that the company need some liquidity, he didn't think of other options but selling Bitcoin at the top was the best option for him, very clever Elon Musk I must say.

Reid

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^
Speaking of Dogecoin. This is a good read.
https://bitcoinist.com/elon-musk-buying-dogecoin/

Is Elon Musk Buying Dogecoin? $45 Million Whale Buy Sparks Speculation In DOGE Community

Quote

Dogecoin is grabbing headlines and speculation from its wide community of investors after a recent whale accumulation from a crypto exchange. On-chain data shows an accumulation trend from this whale, with the latest being the acquisition of 300 million DOGE tokens worth $45 million at the current market price.

These speculations have led to theories on who the whale buyer might be amidst a continued price decline for Dogecoin, with the most prominent hypothesis being billionaire Elon Musk.

It's possible that's it's them/him/Tesla.
Remember that time where he went to Germany and said it's possible to buy Tesla using Dogecoin? I think his financial advisor or crypto enthusiast advisor have suggested him to buy because of the possibility of a hype due to what he said. (speculating)
Who knows? There may be people who want to try buying Tesla using Doge, which means demand and next to it is a pump which also means profits to them on both ways.

rdbase

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True enough @Reid !
Even if he held enough Doge coin his most favorite to all of cryptos he would well in profit since it has surged a fair amount since the recent bull run and even had a large buy from somebody yesterday. Many doubt to be Musk but you never know.
Once again there has been talks swirling that his company X will be making a major announcement in the coming days. So could this finally be a payments system being the central piece for a cryptocurrency? Or just to be some stupid thing called X-coins?
Who knows at this point.

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Quote from: SickDayIn on April 10, 2024, 09:08:26 AM

I am fairly certain Elon Musk has already said publicly that some of Tesla's access cash funds will be invested into Bitcoin rather than sitting in the bank. So from that he is already involved and invested. However, Elon Musk does a lot of things which align to his personal beliefs and interests, not for profit. He doesn't care about making more money or flipping ceyptocurrencies for a short term gain. I think he believes in the technology and capabilities within Bitcoin. I wouldn't be surprised if he was a HODLer with a much larger personal allocation..

I don't doubt that about Elon Musk, he loves technology and I think he is one of the farthest when it comes to it.
But let's also be real, he has people around him, investors too, financial advisors, and so on. Those are the people who would urge him to get some attention using either social media or whatever platform so that money will keep on flowing and his project will have enough budget to continue.

I found a piece of news in Yahoo about how much could've Elon made if he had HODL.
Here's How Much Tesla Would Have Made on Bitcoin If It Had HODLed

We already know the story about the Buy and Sell. Pump and dump done by Tesla.

Quote

In 2024, the price of Bitcoin has gone as high as $73,750. If Tesla had HODLed its original investment of 43,200 BTC, it would have been worth nearly $3.2 billion at the highs set in 2024. This is a gain of more than 100% or $1.55 billion. Instead, Tesla holds less than 10,000 BTC worth around $700 million.

Just like most of us. We made some mistakes. I could've got like $300,000 this year if I had HODL'ed too. Cry

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Quote from: o48o on April 10, 2024, 06:54:12 AM

Quote from: rdbase on March 02, 2024, 07:36:05 AM

Musk apparently is going after Open AI's CEO for abandoning the company's original goal while it was still a startup.
https://www.reuters.com/legal/elon-musk-sues-openai-ceo-sam-altman-breach-contract-2024-03-01/

Could this due to Elon starting up his own A.I company Grok last year?

(Older post but i had to reply)
Most likely reason is because he is just bitter because he couldn't do his hostile take over with OpenAI.

There's no breach of contract as there is no contract or agreement to be breached. So this seem to be as desperate as his earlier richest man alive sues non profit organization.

I don't know why he makes these, but it seems to be some sort of virtue signaling as he wants to be a savior and accepts no one else saving the world, so he thinks these would make him seem good or cool. Or maybe he just doesn't understand law well enough to see these are pointless. And his lawyers won't advice otherwise as they get paid anyway.

Here's open AI's response with emails from musk included - https://openai.com/blog/openai-elon-musk

I am imagining that is the sole reason why he wanted to buyout all those companies in the first place.
There is probably some sort of name for an individual that is like this but I can't come up with the name at the moment. But the closest thing I can associate this behavior to would be having a god complex.

Quote from: SickDayIn on April 10, 2024, 09:08:26 AM

I am fairly certain Elon Musk has already said publicly that some of Tesla's access cash funds will be invested into Bitcoin rather than sitting in the bank. So from that he is already involved and invested. However, Elon Musk does a lot of things which align to his personal beliefs and interests, not for profit. He doesn't care about making more money or flipping ceyptocurrencies for a short term gain. I think he believes in the technology and capabilities within Bitcoin. I wouldn't be surprised if he was a HODLer with a much larger personal allocation..

Sure he has even reinstated for Tesla to accept bitcoin for purchasing their vehicles once again. Well ever since it has reached a new all time high this year. So why wouldn't they?
He also does things that are politically motivated as well. He had to be since in the state of California they were stopping any progress with him making his cars.

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I am fairly certain Elon Musk has already said publicly that some of Tesla's access cash funds will be invested into Bitcoin rather than sitting in the bank. So from that he is already involved and invested. However, Elon Musk does a lot of things which align to his personal beliefs and interests, not for profit. He doesn't care about making more money or flipping ceyptocurrencies for a short term gain. I think he believes in the technology and capabilities within Bitcoin. I wouldn't be surprised if he was a HODLer with a much larger personal allocation..

Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 5. (Read 8279 times)