Elon Musk Makes Meme Coins, What Do You Think? - page 6.

Coin_trader

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Quote from: gwdf1 on August 10, 2021, 09:29:23 PM

To my mind it is quite possible that Elon will launch his own token one day. Moreover, it will be very easy for him to promote it. Nevertheless, it also depends on what purposes he would use his coin. If he wanted to use it as a currency in his company Tesla, authorities could forbid him to create such a token, like they did when Pavel Durov wanted to launch his token Gram.

Not forbid but rather requires the token feature to be completely compliant to SEC guidelines. And we know that SEC regulations is toward centralization so the new meme coin feature will gonna be different to the current meme coin that we all know like doge, shib and many shit coins. In case ELon manage to successfully mint his new meme coin, I believe the value of Dogecoin and Shib will gonna dip down the earth because holders will obviously change boat to the bigger and stronger one.

gwdf1

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To my mind it is quite possible that Elon will launch his own token one day. Moreover, it will be very easy for him to promote it. Nevertheless, it also depends on what purposes he would use his coin. If he wanted to use it as a currency in his company Tesla, authorities could forbid him to create such a token, like they did when Pavel Durov wanted to launch his token Gram.

yazher

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Quote from: mumang siat on August 10, 2021, 09:11:57 AM

Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

The only thing you can do when he is publishing his tweet about certain coins is taking advantage of it but you need to know about the high risks it takes because you also gamble your money with his statements. most of the time he promotes coins that have no platform but because he tweets positive things about it, the people flocks to invest in it without thinking twice but those who invest late will suffer the loss. That's why we cannot really take anything about this guy's opinion or we will fall into his trap.

blue Snow

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Quote from: mumang siat on August 10, 2021, 09:11:57 AM

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

I don't hold some doge or any token that he usually mentioned. so, right now he doesn't have the benefit to me, I won't make a wish and chance from him. Maybe next time when I buy/hold doge or token, I will be hoping Elon creates a tweet, or maybe I will PM him to create some tweet about token which I'm held, I will create a deal with him like 50% of my gain.

rincoeng1986

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Elon Musk is strongly controlled by the System. Such rich guys are talking about what they are told to talk about. And they do what they are allowed to do. When the rulers decide to give life to such project, Elon will easily create and promote his own coin.

My perception is the opposite of yours. Although Elon Musk is a wealthy investor and many believe in the tweets conveyed on social media, I think it was talked about before but now it's different. many investors don't believe his tweets and are definitely reluctant to adopt a meme coin that is considered new.

coin-investor

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Quote from: mumang siat on August 10, 2021, 09:11:57 AM

Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

His coin has a good chance if Dogecoin catapulted to the top, where he is only an investor, he can do that to his coin, he has the money, he has the influence, he has the resources, he can even outdo himself as Shiller, but if he ever going to do that it must meet the community's expectations, a coin with real usage and for long term and not a pump and dump coin.

sheenshane

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but if it's just a coin meme, it won't have much impact and become a useless coin.

Why useless? Elon Musk can promote it with his tweets, right? Then, the price of the coin will increase quickly like Dogecoin. Although it is a meme coin, I guess it will become a big coin. However, it is very unfortunate if someone like Elon Musk creates a meme coin. He has a chance to use a more useful coin. Since he has a Tesla company, why doesn't he create a Tesla coin? This coin should be great, moreover if the coin can be used to buy Tesla car.

If there's no real use and it's for the sole purpose of meme coin it potentially becomes useless without him. I thought he has made already a coin, is Eloncoin isn't him? If the coin was made in a pure hype there's no way that the coin will survive in a long run, maybe it's profitable in a short period of time, and every time when he tweeted in as we know how very influential he is.

This is very common to them who will become an influencer, they use their power to achieve that level and once they are there, the truth is they have a hidden agenda. Right after making a huge noise towards crypto and made it pump, later on, they made their own coin.

Clavulanic

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Quote from: mumang siat on August 10, 2021, 09:11:57 AM

Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

If this coin will gather several attention from masses and also from other wealthy investors, it not impossible that all those wishes will come true. Better take a deep breath furst while this still remains pending to everyone who keep staring on his potential projects to be launched. This man is influencial, so we better keep an eye on him closely.

TimeTeller

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Quote from: btc_angela on August 10, 2021, 06:21:08 PM

I know that Elon Musk is still a very much influencer in the market, but his power to influence is going down the drain because of his baseless tweet against BTC.

If ever he create his now meme coins, I will not support it simply because it will become of the biggest pump and dump and in the end it might hurt the market as a whole. I agree who said that he should only go to bitcoin and accept it in Tesla.

Before he even think of creating his own meme coin, he needs to understand fully about btc and crypto market.
The reason of failed tweets because it shows he has insufficient knowledge when it comes to blockchain technology.
Given his influence, he should educate himself more about this new tech so he will not give lopsided tweets.
And besides, just give the space to real coin developers. He has other important things to attend to.

btc_angela

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I know that Elon Musk is still a very much influencer in the market, but his power to influence is going down the drain because of his baseless tweet against BTC.

If ever he create his now meme coins, I will not support it simply because it will become of the biggest pump and dump and in the end it might hurt the market as a whole. I agree who said that he should only go to bitcoin and accept it in Tesla.

cabron

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Elon has now become invisible to some of the investors when he spread fud. I don't think he can move the market now because he is becoming just like McAfee if he creates his own memecoin even when there is a lot of it already. He is now a stray dog when he took another path from BTC to doge and then whichever coin he invested.
It's not going to succeed. He did plan to develop Doge when he had a meeting with the dev but it was just for his pump and dump operation.

shinratensei_

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That's great, if Elon Musk creates a coin with a new concept that is useful for the real world. but if it's just a coin meme, it won't have much impact and become a useless coin.

You may be correct about that but it will not call that as a shitcoin as elon musk will also create a coin with so many advantages on it. We know that if he was a billionaire and he has so many ideas to be implemented on his own coin. Musk was not the same as those shitty coin developers that only care about money.

DarkDays

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I think at this stage there is no point in this, he will be accused of manipulation at the slightest fluctuation in the exchange rate. And since there are projects that are much more important and more serious, for example, such as the construction of rockets, satellites and also cars. If he suddenly launches his coin, I will not to participate in this.

On a similar point, it doesn't seem like Elon entertains the idea of meme coins so much that he'll go out of his way creating one.

He seems to understand the fundamental principles behind crypto. Taking into consideration his influence on people such decision will not aline well with his profile

for greatness and space exploration. Plus, nobody wants to be taken as a joke - at least not personally - anyway, and doesn't seem like something he'll act on, but

that's my take on it anyway.

Yaunfitda

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Quote from: mumang siat on August 10, 2021, 09:11:57 AM

Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

If I'm not mistaken, someone already made a coin out of his name. But it didn't went well so I guess we will know that answer once he officially created his own.

I'm not sure what do you mean by huge opportunity to him, the only thing for him is to make money out of his own meme coin and that's it. I doubt that he will used it thru his company Tesla. So I don't like this kind of idea, it's better for him to used bitcoin or any other form of crypto that is already existed.

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Quote from: ivankoh on August 10, 2021, 12:24:20 PM

...He could easily create a new coin meme, the boos, the derision is probably

Elon Musk has a lot of subscribers, who mostly trust his words. This explains why after his tweets, the coin is pumped or reset, depending on whether the tweet was positive or negative. So any coin created by Musk will have good growth prospects. But currently, a group of people who have learned how to monetize Elon Musk tweets is engaged in launching new coins. And Musk has nothing to do with this.

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Quote from: mumang siat on August 10, 2021, 09:11:57 AM

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

I see this is over and the news about the tweet has now moved on to the topic of rocket and rocket launches.
For now, we should not be easily mistaken, because without us realizing Bitcoin has reached outer space first. Even Bitcoin slides without a tweet. In fact, it will enjoy a break until it has another moment that can control the market.

blockman

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It is better that he doesn't and just stays where he is. But, the big thing with Elon is that he just going to go whatever he wants as he's a visionary. If he sees something good with his probable own coin then the first thing that he has to do is to adopt that coin and make it acceptable for his businesses and companies and I don't think that it's going to happen. He knows economics, he knows the real use cases of most tokens and that's why I don't think that he'll be ending up with his own coin.

wheelz1200

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Quote from: mumang siat on August 10, 2021, 09:11:57 AM

Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

Why would musk want to do that. I think he has his hands full enough with trying to cognize the galaxy then starting and running a memecoin. There would be some major legal implications that he would have to dance around as well. For what, fun? No way he does this

noorman0

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[Nope]No hype delivers more than hope

There's already a similar topic https://bitcointalksearch.org/topic/what-if-elon-musk-launches-his-own-coin-5337490, maybe you'll find more speculative answers there. What is clear, there are no such plans or rumors anywhere related to Elon's news.

Quote from: mumang siat on August 10, 2021, 09:11:57 AM

What is the best step, to make this wish come true?

Anything to do with memes is not a serious wish unless you judge Elon from a different perspective to the point where it's a serious thing to do.

Quote from: mumang siat on August 10, 2021, 09:11:57 AM

What are Elon Musk's chances in your opinion?

Regardless of whoever has the wiish, there is no chance. It just depends on the luck factor.

ivankoh

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Quote from: mumang siat on August 10, 2021, 09:11:57 AM

Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

In my view, Musk had it all, power, wealth, fame,...etc. If he wanted to do it, it would have happened. Rumor has it that he is trusted to be elected CEO of Doge.

Perhaps it was the move that made his tweets meaningful. As far as I can see, he is hardly distinguishable as a friend of this market. His reverse tweets have always been hugely influential and contradictory for bitcoin. He could easily create a new coin meme, the boos, the derision is probably

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