Elon Musk once again throwing shade at bitcoin - page 3.

tbct_mt2

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Quote from: yazher on December 25, 2021, 10:24:18 PM

Looks like he thinks he still has that power to shake the price in the market when it's all nothing now when he says something about bitcoin. Looks like this guy wanted to promote his nonsense coin by tweeting those simple words yet enough to give Doge a pump in short days. Just like the other celebrities or influencers who always criticized bitcoins, this guy too is nothing but nonsense who doesn't need the attention of the real investors because all he does is talk about things that haven't even been proven or not the actual fact.

People give Elon Musk power and market makers abuse tweets of Elon Musk to play their pump and dump games. We can not verify that whether Elon Musk has investments in meme coins he tweets about.

It is very easy to understand and explain that he tweets about them because he has investments with them. However eve he does not have such investment, market makers will do wisely and fastly enough to take advantage of his tweets to trigger their games.

It is like Omicron, does the variant has anything to do with Omicron in crypto market? It does not but fact is, we have massive pump and dump game with Omicron.

yazher

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Quote from: DeathAngel on December 23, 2021, 04:13:26 PM

He doesn’t affect the price now, if he ever did in the first place. When we dumped to below 30k in May was during the time Elon was being weird, trolling, tweeting about the energy mining uses. This period coincided with the time China was actively banning mining & bitcoin use. It’s a misconception that Elon send the price tumbling when it was far more likely to be China.

Looks like he thinks he still has that power to shake the price in the market when it's all nothing now when he says something about bitcoin. Looks like this guy wanted to promote his nonsense coin by tweeting those simple words yet enough to give Doge a pump in short days. Just like the other celebrities or influencers who always criticized bitcoins, this guy too is nothing but nonsense who doesn't need the attention of the real investors because all he does is talk about things that haven't even been proven or not the actual fact.

isaac_clarke22

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Quote from: Obito on December 25, 2021, 12:01:11 AM

This kind of thinking makes things worse for bitcoin, we overthink too much when it comes to this kind of thing, plus he's not the person that we should listen to right? Aren't we already done with all the stuff he did back then?

I wouldn't look at it at that way. We're too much leaned too Musk and just because one guy tweeted a few characters of his own thoughts won't make that much effect to Bitcoin. It is just people that are following his butt too much, just because he was able to manipulate DOGE back then.
People think that the history repeats itself once again.

Yamifoud

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Quote from: Obito on December 25, 2021, 12:01:11 AM

This kind of thinking makes things worse for bitcoin, we overthink too much when it comes to this kind of thing, plus he's not the person that we should listen to right? Aren't we already done with all the stuff he did back then?

No, we keep remembering all the things he has done before. And now, he is throwing FUDs again the more he always remembered and his nonsense contribution to the crypto.
He is officially a social media influencer, he can easily influence people and go on his side but he can never do this in crypto again. No, he will just fail and the time will come that nobody will listen to him, to all of his nonsense talk towards Bitcoin.

worle1bm

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Quote from: DeathAngel on December 23, 2021, 04:13:26 PM

He doesn’t affect the price now, if he ever did in the first place. When we dumped to below 30k in May was during the time Elon was being weird, trolling, tweeting about the energy mining uses. This period coincided with the time China was actively banning mining & bitcoin use. It’s a misconception that Elon send the price tumbling when it was far more likely to be China.

No more Musk effect is present in the market now as he ruined his image after all the useless mind games he played on to manipulate the market and gain profits out of it.He can only affect the shitcoin community now and fool those who still believe what he speaks but not btc anymore and that's why he is again trying to play his cheap tweet games to make a way but this time he is stuck inside that trap he put for himself and price remain unaffected.

Obito

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This kind of thinking makes things worse for bitcoin, we overthink too much when it comes to this kind of thing, plus he's not the person that we should listen to right? Aren't we already done with all the stuff he did back then?

Gyfts

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How is he "throwing shade" at Bitcoin? This is more is his usual trolling antics that he spends a bit too much time doing. His ego won't allow him to concede that he was incorrect about Bitcoin and its energy consumption, so he'll pretend to be "pro cryptocurrency" by throwing a dart on a board and picking whatever meme coin the dart happens to land on.

He doesn't care about doge, he likes the attention.

He was certainly pro Bitcoin when Tesla bought billions. Didn't seem so pro-BTC *after* Tesla made all their profits.

Lizzylove1

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Elon Musk is good at mind game. He owns bitcoin together with his company, yet he keeps pushing Doge to his followers, that to me a big mind game to cause distraction to his unsuspecting followers. Same thing Craig Wright did to his disciples that BSV was the real Satoshi Vision and that bitcoin is now centralized, today his disciples know that they have been fooled having borrowed money to buy shit and shit went down.

Fundamentals Of

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Whatever! Whatever Elon says, it cannot stop the growth of Bitcoin. Neither will it stop the eventual demise of Dogecoin. Doge may survive for more years but the moment Bitcoin gains the mass adoption that everybody speaks of, Dogecoin will slowly lose use. When lightning network becomes adopted by the majority, Dogecoin will not be attractive anymore. When sats become more and more the unit of account, who needs a cheap Doge? Elon cannot save it.

The Cryptovator

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This is the way of filling pockets. Also, that indicates he doesn't have enough faith in Bitcoin decentralization. Rather than he believes in doge shit. However, it's an old tactic to pump a coin by Elon. He will just crap the money from the market. He is a multi-Billionaire and he needs more. But as I can see most of the time crypto community doesn't react to his comment. Because everyone already knows how he manipulates the market and fills his bag. At least I am not following nor reacting based on his tweets. Perhaps a few more whales just follow him to take a chance.

ipanks

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Hopefully, people will not react too much to Elon's tweet. Elon is still trying to gain popularity as before. People already saw what Elon did and learned its impact, so hopefully, people can stay calm and disregard that. But Elon will not stop interfering with the crypto market because he knows that the crypto market is something big that can give him more profit. Someday, people will not care about Elon and will let him do anything he wants, while people will focus on something more important than just thinking about Elon's tweet.

livingfree

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It's just pure manipulation. He knows how powerful he is and people are chasing him for his tweets and seeing how to play with it.

The other term for it is that he's trolling around. He likes the attention of people from the crypto community and he keeps on being fed.

People should just stop looking at his tweets related to crypto but if it's related to SpaceX and other of his business, I'm reading them.

Hypnosis00

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Quote from: ?? on ??

People nowadays have become smarter that they don't care anymore whatever the tweets of Elon. Of course they can't avoid the fact that Elon is a great influencer but now that they have realized that Elon is no good for nothing, so they trust their selves more than Elon alone. Whatever Elon will do now and in the future, that will create no impact at all.

They are not just smarter but actually, people know what really he wants to crypto and that simply to promote his Tesla company.

That you are right, he can be an influencer for his whole life and is capable of doing it. In fact, we are somewhat a victim to this before and we thought he can be helpful to us but unfortunately, he only ruins Bitcoin and just shills Dogecoin for his own benefit.

Well, he has the right of doing it but people don't like it, though. We learn from it and have not to listen to Musk anymore.

eaLiTy

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Quote from: Kakmakr on December 24, 2021, 03:50:09 AM

I think he is going to do another Doge pump, like he did with Shiba ..to give some people a nice Christmas gift. He did not disappoint the last time he did this and a lot of people made a lot of profit.

May be is giving a Christmas and New Year pump for anyone following his twitter page and jump into anything he says Cheesy

. I think he recently said he will be accepting Doge to purchase Tesla but that did not make any change in the market but right now the market is seeing some momentum and he is sneaky with his shilling .

Quote from: Kakmakr on December 24, 2021, 03:50:09 AM

He said he pumped Doge as a joke the last time he did that, but I think he tested the waters to see if people will follow his "triggers" and if it will shift the market for Doge. Wink

Elon is not new in pumping the market, he was doing that in the stock market where anything he says usually rallies, so he knew he had an army of investors who would jump into anything he says.

aoluain

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Quote from: Darker45 on December 23, 2021, 10:12:06 PM

Quote from: Welsh on December 23, 2021, 09:47:00 PM

I've said it before, but I don't actually think Elon is pro Doge or anything. This to me again comes off as a sort of tongue in cheek remark. We know that Elon Musk likes to troll on Twitter, and to me this just seems like subtle trolling. Elon Musk will know what Doge is, and he'll know why it doesn't stand up to Bitcoin at the moment. He definitely isn't stupid, despite the consensus around here.

Besides, it doesn't really matter what he thinks. I do believe he influenced the market a little bit with the drama initially surrounding Tesla, and him. However, I think as time goes on people are more aware of his trolling nature, and the fact that what he says doesn't really mean a lot in the grand scheme of things for Bitcoin.

Exactly the same thoughts here. Elon is playing a game, playing with us, albeit in a subtle way. The loser is definitely the one who will take him or his tweets seriously. Elon's trolling resume is rather open to the public. He's got the track record of making tongue-in-cheek statements over Twitter. And he's obviously having fun in the way people, the media, even the market, and so on react to them. At the end of the day, I doubt he meant most, if not all, of them seriously. So, I guess it is long overdue that we shouldn't also take him or his statements seriously.

Well I really hope more people now know to disregard what Musk says in
relation to anything crypto, the man cant be trusted and probably only trolls
to see what effects he can have on the markets.

I'm one who couldnt care less anymore what he has to say about Bitcoin and crypto.

Coyster

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I've said this a couple of times before, and I still beg to reiterate, Elon Musks's negative tweets about Bitcoin can only have an ephemeral effect on the network, just a short time and quite a lot of people already forget what he said or the troll he made, thus that's enough reason to be less concerned about tweets from him. If Bitcoin were to be a pump and dump coin, or a coin controlled by a few whales, then his tweets could have had a lethal effect on the network, but since Bitcoin is none of that, it doesn't matter if it's Elon Twitting, or China banning, or CBDC launching, etc, the network will still take its shape again and bounce back up after any/every setback.

hyudien

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I can only say that it all started with a loyal fan of Elon, the root of the problem is what he tweets then his loyal followers move. I don't know what the followers were thinking, so as soon as Elon said one word, there were a thousand steps into the market at the same time. Losses, manipulation, and many people I know fell to the brink of destruction because of the tweets he made. Execution in the market is not him or his mother, but who became loyal followers on Twitter.

What is the meaning of this incident? 0.1% Bitcoin and the rest of the coin memes have become a place to manipulate prices. Huge impacts occur everywhere, many scammers create various kinds of meme coin, I'm lazy to mention it because it took 1 year. What I dislike the most is when the concept of decentralization gets messed up and goes off track.

kro55

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He is pro doge! that's really funny. If he had shame, he would not talk like that.
people who invested in dogecoin by seeing Elons FOMO over social media already lost their funds now. I don't think any victims who have been deceived by Doge coins will ever believe any statement of Elon Musk. After his company made a profit from Bitcoin, they felt that Bitcoin mining was harmful to the environment. What could be more ungrateful than this! In fact, he wanted to take advantage of it by creating an unstable environment in the market.

ChiBitCTy

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Quote from: titular on December 23, 2021, 05:24:02 PM

It's funny how he says this, yet the largest % of his stack (by far) is bitcoin. He has stated a few times that the only crypto he owns is bitcoin, ethereum, and some doge.

He even clarifies that the doge he has was all mined. He has not spent a single dollar on dogecoin.

When asked why he supports dogecoin he said, "I like memes and dogs." Solid reasoning!

Lol I know right, “memes and dogs”..honestly when I heard him say this to me if just seemed like he was proving his lack of knowledge. He’s said this stuff a multitude of times and during very serious conversations which is just utterly embarrassing. He had his chance to state why he believes in dogecoin and that’s what he said lol..proves a lot on my mind.

Some of you seem to be having a hard time reading between the lines. He’s absolutely throwing shade at bitcoin, like he’s done many times before.

Ultegra134

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Quote from: buwaytress on December 24, 2021, 09:05:47 AM

Quote from: Welsh on December 24, 2021, 08:36:48 AM

Quote from: mk4 on December 23, 2021, 11:40:03 PM

Seriously, don't waste too much time into reading too deeply into his Tweets.

It doesn't take much research into his Twitter profile to determine that he trolls a lot, and not just about cryptocurrencies. The guy enjoys it, and the reason he enjoys it is because he gets attention from it. Elon Musk's words to a lot of people mean a lot because hes perceived to be a smart guy, genius by some because of that he enjoys the sort of authority that comes with that.

I definitely can't criticize him on his accomplishments, but I'm also not looking for his head because hes said a few things that could be seen as detrimental to Bitcoin. People have opinions, it just so happens this one has millions of followers who take every word he says seriously.

Amen. He and most of Twitter. It's kind of exactly what it was built for, so can't argue it isn't achieving its purpose.

I'm not going to judge anyone; I'm not ready to have my own actions judged. You don't have to like him or shade-throwers though to appreciate the fact that FUD (even when obvious trolling like Musk) is actually good for Bitcoin.

I mean, what doesn't kill it makes it stronger, right? Keeps getting proven time and again.

Elon Musk generated a lot of hype a few months ago, with both Bitcoin and Dogecoin, which definitely attracted a lot of people and investors. A lot of people were bashing at Elon, due to the outcome of his tweets, it was expected that the hype train would eventually finish, with the market crashing down shortly after. I respect Elon, he's a genius, and I also believe that his impact will ultimately have a positive effect for Bitcoin and crypto in general.

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