In my honest opinion, I do not think he is really meant to be in this space. Although it's just a rumor that SpaceX has sold of their Bitcoins (but Evergrande is the main possible catalyst), I honestly think he is just only for attention.
We do appreciate the time that he hyped Bitcoin and made it to almost $70k thanks to his all-out support in DOGE. But I think he's not really meant to be in this space but we can't stop him from making decisions on his own like buying BTC at the dip and selling it high.
Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 9. (Read 8279 times)
August 19, 2023, 02:48:45 AM
August 18, 2023, 07:10:52 AM
The bitcoin market really dumped alot since even when FTX was dragging it down when it's dirty business dealings got revealed.
This is what everybody is saying is the cause of the recent price spike to the downward spiral:
https://www.wsj.com/tech/behind-the-curtain-of-elon-musks-secretive-spacex-revenue-growth-and-rising-costs-2c828e2b
The very last paragraph where it states that SpaceX had sold it's bitcoin they had reported on their balance sheet a year ago is no longer holding it.
This shouldn't matter but it seems to have rocked all of the cryptocurrency markets for one reason or another.
This is what everybody is saying is the cause of the recent price spike to the downward spiral:
https://www.wsj.com/tech/behind-the-curtain-of-elon-musks-secretive-spacex-revenue-growth-and-rising-costs-2c828e2b
The very last paragraph where it states that SpaceX had sold it's bitcoin they had reported on their balance sheet a year ago is no longer holding it.
This shouldn't matter but it seems to have rocked all of the cryptocurrency markets for one reason or another.
August 16, 2023, 05:58:50 AM
In my opinion, Elon is taking advantage of his popularity since a lot of people watching him. Whatever he do and suggests, people will follow because they believe Elon. Elon is a smart person, and he knows what he is doing. Just like what happened in doge last 2021, the price has exploded because of him. He invested before the price of doge exploded and I'm sure he profited a lot. Because of that, it benefit both of his project and in the community of crypto. In other words, "two birds in one stone".
I whole heartly agree with you there @jeraldskie11With this battle between the tech giants they have everybody's attention and the world is watching.
https://twitter.com/elonmusk/status/1691541362079068162
If you two are not going to fight.. might just be better to hug it out!
https://twitter.com/ElonMuskAOC/status/1691173592904667139
On a serious note, why not fight for a prize of bitcoin or in Elon's case a bag of Doge.
August 07, 2023, 07:48:30 PM
In my opinion, Elon is taking advantage of his popularity since a lot of people watching him. Whatever he do and suggests, people will follow because they believe Elon. Elon is a smart person, and he knows what he is doing. Just like what happened in doge last 2021, the price has exploded because of him. He invested before the price of doge exploded and I'm sure he profited a lot. Because of that, it benefit both of his project and in the community of crypto. In other words, "two birds in one stone".
True. He can actually manipulate the market on however he prefer. Either with his money or with his reputation. It's a cool thing but could be dangerous when abused. IMO, he took advantage of his position and now making more profits because of it. He has so many followers that they would also invest on where he will go. News came out about the X company in San Francisco.
https://www.cnbc.com/2023/07/31/elon-musks-x-corp-seen-removing-giant-glowing-sign-in-san-francisco-.html?qsearchterm=elon%20musk
Talking about reputation. Despite that, there are still people who will be up against him especially if it's wrong.
Quote
Twenty-four complaints have been initiated with San Francisco’s Department of Building Inspections, a spokesman said. Those filing the complaints said the sign was put up without a permit, is unsafe, and is a nuisance. One said that its flashing lights made it hard for residents to sleep.
Let them sleep Elon. Here is Musk's response.
Quote
“San Francisco, beautiful San Francisco, though others forsake you, we will always be your friend,” Musk posted on X.
I am still waiting if Musk will try to inject cryptocurrencies in his new X company (formerly Twitter). It could boost the market of the industry if done right. They say the number of users went down because of the subscription payment but I do believe it's still a good platform for advertising business.
July 26, 2023, 05:41:36 AM
In my opinion, Elon is taking advantage of his popularity since a lot of people watching him. Whatever he do and suggests, people will follow because they believe Elon. Elon is a smart person, and he knows what he is doing. Just like what happened in doge last 2021, the price has exploded because of him. He invested before the price of doge exploded and I'm sure he profited a lot. Because of that, it benefit both of his project and in the community of crypto. In other words, "two birds in one stone".
July 25, 2023, 05:27:41 PM
He is trying to build something that is combination of all things and maybe crypto could be at the center of it, like as a payment thing. The reason why he changed the name of twitter to X is the same reason. He is not secretly doing this neither, he is actually openly talking about how he wants to build one thing to hold all the things he has and twitter was the start of building that thing. One day when he has what he wants, he wants to be beyond government entity, someone who is not really in one nation like he is in the USA right now, but someone who holds enough power and information that he wants to be beyond ruling. Crypto could be a good way into that probably.
I'm a bit skeptical about using a decentralized currency like Bitcoin where it would make everything very difficult for them, I rather think they will keep everything centralized so they have more control. Ultimately he is crazy because he makes drastic changes but I doubt that he is so strongly crazy to bet on Bitcoin because what advantage would he get?
July 25, 2023, 12:43:13 PM
So you know there will be a cryptopayment system put in place just don't know what route he will go with.
Create an X coin instead of using an already existing cryptocurrency?
...
remember that he is one of the founders of Paypal... Also remember what the company was called before it was PayPal?
It was called X.com
Create an X coin instead of using an already existing cryptocurrency?
...
remember that he is one of the founders of Paypal... Also remember what the company was called before it was PayPal?
It was called X.com
Yes he wouldn't do a drastic rebrand unless he had something big up his sleeve. And the Doge maxis will no longer get the Elon bumps they used to get as he's now moved onto his own crypto.
July 24, 2023, 06:58:34 PM
I think he got plan for crypto twitter proves it
Well he has already has a license agreement pending for cryptopayments with filing an LLC.As well with the twitter coin sent out to users as beta testers awhile ago as shown with the screen below by Tree of Alpha:
So you know there will be a cryptopayment system put in place just don't know what route he will go with.
Create an X coin instead of using an already existing cryptocurrency?
He is trying to build something that is combination of all things and maybe crypto could be at the center of it, like as a payment thing. The reason why he changed the name of twitter to X is the same reason. He is not secretly doing this neither, he is actually openly talking about how he wants to build one thing to hold all the things he has and twitter was the start of building that thing. One day when he has what he wants, he wants to be beyond government entity, someone who is not really in one nation like he is in the USA right now, but someone who holds enough power and information that he wants to be beyond ruling. Crypto could be a good way into that probably.
mainly YES. remember that he is one of the founders of Paypal. Maybe he has not all the rights on the name twitter.
He has previously proven that he is able to start from scratch.
It was called X.com - https://www.businessinsider.com/elon-musk-rebrand-paypall-x-sounded-like-porn-site-twitter-2023-7
He bought the domain back in 2017 so he had a plan setup for it put in place.
https://www.theverge.com/2017/7/10/15949862/elon-musk-x-com-paypal-tesla-spacex-domain-name
July 24, 2023, 05:16:13 PM
He is trying to build something that is combination of all things and maybe crypto could be at the center of it, like as a payment thing. The reason why he changed the name of twitter to X is the same reason. He is not secretly doing this neither, he is actually openly talking about how he wants to build one thing to hold all the things he has and twitter was the start of building that thing. One day when he has what he wants, he wants to be beyond government entity, someone who is not really in one nation like he is in the USA right now, but someone who holds enough power and information that he wants to be beyond ruling. Crypto could be a good way into that probably.
mainly YES.
remember that he is one of the founders of Paypal. Maybe he has not all the rights on the name twitter.
He has previously proven that he is able to start from scratch.
July 24, 2023, 04:13:30 PM
He is trying to build something that is combination of all things and maybe crypto could be at the center of it, like as a payment thing. The reason why he changed the name of twitter to X is the same reason. He is not secretly doing this neither, he is actually openly talking about how he wants to build one thing to hold all the things he has and twitter was the start of building that thing. One day when he has what he wants, he wants to be beyond government entity, someone who is not really in one nation like he is in the USA right now, but someone who holds enough power and information that he wants to be beyond ruling. Crypto could be a good way into that probably.
July 24, 2023, 04:08:13 PM
Elon Musk is rebranding twitter before he steps down as current CEO to his new company X.
https://www.nbcnews.com/news/us-news/twitter-rebrands-x-elon-musk-loses-iconic-bird-logo-rcna95880
https://www.cnn.com/2023/07/24/tech/twitter-rebrands-x-elon-musk-hnk-intl/index.html
Reported on youtube by multiple mass media outlets:
https://www.youtube.com/watch?v=6PeyhrgbPAY
https://www.youtube.com/watch?v=Mpw0qA2ZQZY
ABC Australia - https://www.youtube.com/watch?v=No-jVsTp4fo
Saw this news a while ago. I must say this is one of the most stupid things he has ever did so far as a belligerent CEO of multiple companies, and he's already one of the most deranged ones out there. Twitter is a multi-billion dollar brand that people painstakingly worked hard for since 2009. Not the mention the amount of acclaim and promotion that it has received over the years. To rebrand twitter for no reason besides "continuity" as all his companies had "X" in their names is just stupid and is going to cost him a lot of money in the long run. He's already bleeding cash in Twitter, and he's seeing a worthy competitor in Threads, instead of aggressively selling the benefits of Twitter over their competitor he chooses to change the brand and all that. Good luck. https://www.nbcnews.com/news/us-news/twitter-rebrands-x-elon-musk-loses-iconic-bird-logo-rcna95880
https://www.cnn.com/2023/07/24/tech/twitter-rebrands-x-elon-musk-hnk-intl/index.html
Reported on youtube by multiple mass media outlets:
https://www.youtube.com/watch?v=6PeyhrgbPAY
https://www.youtube.com/watch?v=Mpw0qA2ZQZY
ABC Australia - https://www.youtube.com/watch?v=No-jVsTp4fo
July 24, 2023, 09:46:39 AM
Thanks for the link @rdbase. I found out about this Tweet earlier today but actually ignored it because I thought someone is just messing with Elon. 
https://twitter.com/elonmusk/status/1683378289031761920?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
I am curious about the "all the birds"? What could he mean by that?
There's also a report that says the tweets will not be called tweets anymore because of the rebranding. I think they are still thinking about a new way to call all those posts and reposts. It will be a difficult change for other people who uses this service, but I think it will be good for the business overall.
https://twitter.com/elonmusk/status/1683378289031761920?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Quote
“bid adieu to the twitter brand and, gradually, all the birds.”
I am curious about the "all the birds"? What could he mean by that?
There's also a report that says the tweets will not be called tweets anymore because of the rebranding. I think they are still thinking about a new way to call all those posts and reposts. It will be a difficult change for other people who uses this service, but I think it will be good for the business overall.
July 24, 2023, 08:49:13 AM
Elon Musk is rebranding twitter before he steps down as current CEO to his new company X.
https://www.nbcnews.com/news/us-news/twitter-rebrands-x-elon-musk-loses-iconic-bird-logo-rcna95880
https://www.cnn.com/2023/07/24/tech/twitter-rebrands-x-elon-musk-hnk-intl/index.html
Reported on youtube by multiple mass media outlets:
https://www.youtube.com/watch?v=6PeyhrgbPAY
https://www.youtube.com/watch?v=Mpw0qA2ZQZY
ABC Australia - https://www.youtube.com/watch?v=No-jVsTp4fo
https://www.nbcnews.com/news/us-news/twitter-rebrands-x-elon-musk-loses-iconic-bird-logo-rcna95880
https://www.cnn.com/2023/07/24/tech/twitter-rebrands-x-elon-musk-hnk-intl/index.html
Reported on youtube by multiple mass media outlets:
https://www.youtube.com/watch?v=6PeyhrgbPAY
https://www.youtube.com/watch?v=Mpw0qA2ZQZY
ABC Australia - https://www.youtube.com/watch?v=No-jVsTp4fo
July 23, 2023, 04:55:52 PM
Very interesting choice so if it is the choice to go with there you can assume his other companies are next.
So we can see twitter accepting it as a source of payment soon as well.
Maybe I'm missing something, I mean, for sure I'm missing something because I keep not understanding why Musk is accepting Dogecoin over bitcoin. Dogecoin is nice if you want to tip someone online, but accepting it as a payment for something very expensive like a car? Unless the plan is to hype it up, as usual, and then sell everything. Same old story but people keep following any weird message from this guy...So we can see twitter accepting it as a source of payment soon as well.
I think there are two possible explanations for this action:
- Elon Musk still owns a significant amount of Dodge Coin and seeks to raise its price as much as possible before selling it. This may be a result of the period when he began posting tweets supporting Dodge, only to find himself involved in a large amount of money after its price fell.
- Maintaining his supportive position for Dodge Coin so as not to appear manipulative.
He is one that has always believed in cryptocurrency and has some BTC, Eth and Doge coins in a wallet tucked away somewhere.
In 2021 when Tesla purchased some BTC, it could be likened to a whale move and it effected a price hike to about 25% which recorded an ATH of $48,000 as at then. Although, it was because it announced it was accepting BTC payment for new purchase of Tesla vehicles with as low as $100 deposit.
When Tesla stopped accepting payments with BTC, the interest rate however dropped to 10%, this just goes to show you that despite the attention, a whale is a whale, and Elon and his Tesla and SpaceX are big whales in the cryptocurrencies ocean.
July 22, 2023, 03:18:01 PM
Very interesting choice so if it is the choice to go with there you can assume his other companies are next.
So we can see twitter accepting it as a source of payment soon as well.
Maybe I'm missing something, I mean, for sure I'm missing something because I keep not understanding why Musk is accepting Dogecoin over bitcoin. Dogecoin is nice if you want to tip someone online, but accepting it as a payment for something very expensive like a car? Unless the plan is to hype it up, as usual, and then sell everything. Same old story but people keep following any weird message from this guy...So we can see twitter accepting it as a source of payment soon as well.
I think there are two possible explanations for this action:
- Elon Musk still owns a significant amount of Dodge Coin and seeks to raise its price as much as possible before selling it. This may be a result of the period when he began posting tweets supporting Dodge, only to find himself involved in a large amount of money after its price fell.
- Maintaining his supportive position for Dodge Coin so as not to appear manipulative.
July 21, 2023, 06:49:51 PM
Very interesting choice so if it is the choice to go with there you can assume his other companies are next.
So we can see twitter accepting it as a source of payment soon as well.
Maybe I'm missing something, I mean, for sure I'm missing something because I keep not understanding why Musk is accepting Dogecoin over bitcoin. Dogecoin is nice if you want to tip someone online, but accepting it as a payment for something very expensive like a car? Unless the plan is to hype it up, as usual, and then sell everything. Same old story but people keep following any weird message from this guy...So we can see twitter accepting it as a source of payment soon as well.
I think there are two possible explanations for this action:
- Elon Musk still owns a significant amount of Dodge Coin and seeks to raise its price as much as possible before selling it. This may be a result of the period when he began posting tweets supporting Dodge, only to find himself involved in a large amount of money after its price fell.
- Maintaining his supportive position for Dodge Coin so as not to appear manipulative.
July 21, 2023, 06:48:25 PM
Very interesting choice so if it is the choice to go with there you can assume his other companies are next.
So we can see twitter accepting it as a source of payment soon as well.
Maybe I'm missing something, I mean, for sure I'm missing something because I keep not understanding why Musk is accepting Dogecoin over bitcoin. Dogecoin is nice if you want to tip someone online, but accepting it as a payment for something very expensive like a car? Unless the plan is to hype it up, as usual, and then sell everything. Same old story but people keep following any weird message from this guy...So we can see twitter accepting it as a source of payment soon as well.
I think there are two possible explanations for this action:
- Elon Musk still owns a significant amount of Dodge Coin and seeks to raise its price as much as possible before selling it. This may be a result of the period when he began posting tweets supporting Dodge, only to find himself involved in a large amount of money after its price fell.
- Maintaining his supportive position for Dodge Coin so as not to appear manipulative.
July 21, 2023, 05:17:43 PM
Very interesting choice so if it is the choice to go with there you can assume his other companies are next.
So we can see twitter accepting it as a source of payment soon as well.
Maybe I'm missing something, I mean, for sure I'm missing something because I keep not understanding why Musk is accepting Dogecoin over bitcoin. Dogecoin is nice if you want to tip someone online, but accepting it as a payment for something very expensive like a car? Unless the plan is to hype it up, as usual, and then sell everything. Same old story but people keep following any weird message from this guy...So we can see twitter accepting it as a source of payment soon as well.
I think there are two possible explanations for this action:
- Elon Musk still owns a significant amount of Dodge Coin and seeks to raise its price as much as possible before selling it. This may be a result of the period when he began posting tweets supporting Dodge, only to find himself involved in a large amount of money after its price fell.
- Maintaining his supportive position for Dodge Coin so as not to appear manipulative.
July 21, 2023, 01:24:29 PM
Very interesting choice so if it is the choice to go with there you can assume his other companies are next.
So we can see twitter accepting it as a source of payment soon as well.
Maybe I'm missing something, I mean, for sure I'm missing something because I keep not understanding why Musk is accepting Dogecoin over bitcoin. Dogecoin is nice if you want to tip someone online, but accepting it as a payment for something very expensive like a car? Unless the plan is to hype it up, as usual, and then sell everything. Same old story but people keep following any weird message from this guy... So we can see twitter accepting it as a source of payment soon as well.
July 21, 2023, 08:52:54 AM
I'm not here to defend Elon Musk but all I can say is this man is already successful man and Tesla company is doing so fine even before he almost start talking about Doge coin so we can't say that it is because of crypto that makes Tesla and SpaceX a successful.
Elon Musk is a very smart man right from day one and whatever he get is hand on always work successfully that is why I keep laughing at those that believe that he failed acquiring Twitter platform I believe that he have a perfect plan for Twitter and that social network is going to be one of the best place for people to market their products online and still have fun chatting with friends and family because I Believe Elon musk is going to implement crypto payment very soon probably after bitcoin halving or the next bull market.
This will shocked the whole world and it will also bring in more money into crypto, Doge coin will become great again, even if every person that prefers Bitcoin hates Doge coin.
I believe you were on to something with this statement days ago since that is exact what Elon Musk thought too with this move today which was announced by Tesla getting rid of bitcoin as a payment and having dogecoin as the preferred method instead:Elon Musk is a very smart man right from day one and whatever he get is hand on always work successfully that is why I keep laughing at those that believe that he failed acquiring Twitter platform I believe that he have a perfect plan for Twitter and that social network is going to be one of the best place for people to market their products online and still have fun chatting with friends and family because I Believe Elon musk is going to implement crypto payment very soon probably after bitcoin halving or the next bull market.
This will shocked the whole world and it will also bring in more money into crypto, Doge coin will become great again, even if every person that prefers Bitcoin hates Doge coin.
https://u.today/tesla-removes-bitcoin-but-keeps-dogecoin-doge-as-payment-option
Very interesting choice so if it is the choice to go with there you can assume his other companies are next.
So we can see twitter accepting it as a source of payment soon as well.
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