Elon Musk once again throwing shade at bitcoin - page 4.

buwaytress

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Quote from: Welsh on December 24, 2021, 07:36:48 AM

Quote from: mk4 on December 23, 2021, 10:40:03 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.

Welsh

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Quote from: mk4 on December 23, 2021, 10:40:03 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.

SFR10

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Quote from: ChiBitCTy on December 23, 2021, 02:51:44 PM

Think you know Elon? Maybe not as much as you think .. https://youtu.be/c-FGwDDc-s8

I only knew around 1/4th of its content and that further confirms EM is nothing but just a clown ^{[e.g. another one of his masterpieces]}!
^{- Considering how he usually acts as a whole, I don't think we're dealing with what's on the subject field ^{[he's just another attention-seeking whore]}!}

Quote from: titular on December 23, 2021, 04:24:02 PM

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

Technically, he still has to spend a certain amount to acquire mining rigs.

Quote from: pooya87 on December 24, 2021, 01:45:15 AM

It is also interesting to note the diminishing effects of Elon Musk and his tweets in the cryptocurrency market as a whole.

The best thing that came out from those non-stop nonsensical tweets.

Ararbermas

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He's basing on the situation wherein obviously its bear market. Lol for sure that guy wants to convince investors to focus on Doge coin because it's on the very dip level and also because of being so very stagnant for how many months.. Grin

and now he's using social media with thousands of followers to make fun again with big investors.. A very common technique from elon musk from the beginning until now . Lol

Rufsilf

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Quote from: titular on December 23, 2021, 04:24:02 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!

That's exactly the reason why people should stop following Elon Musk because as the OP said, we can't for sure knoe what is his motive or he thinks because maybe he's just only up to manipulate markets to his own benefit and dump it again after. Now that Elon Musk is again on the move and trying to pump Doge after his tweet that his pro-doge even though his past statements doesn't match well.

Kakmakr

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Elon Musk do not do something for nothing....

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.

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

pooya87

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I see Elon Musk as a good social experiment case, whether he knowingly post such nonsense or not.
For example many months ago we saw how he affected the bitcoin price when he initially started his FUD but we also saw that the effect was small. This shows that people are following celebrities even if it is down to abyss. Interesting thing is that a lot of people think Elon cause the crash whereas it was many other reasons including China and the drama that followed.

Another part of the experiment was the doge pump which was a lot more effective than his bitcoin related tweets. It showed once again how there are a lot of people who follow a "celebrity" like a sheep. It also proved how shitcoins are more susceptible to market manipulation and showed their true purpose.

It is also interesting to note the diminishing effects of Elon Musk and his tweets in the cryptocurrency market as a whole.

davis196

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This is meme material at this point. Grin

Elon:Saying something about dogecoin.
Bitcoiners: "ELON THROWING SHADE AT BITCOIN AGAIN!" Grin

Why do we keep being focused so much on this guy?He's just trolling.The only difference between him and regular internet trolls is that he's the richest guy on the planet and he's famous(obviously because he's rich).
You can't deny the fact that,at least he's consistent in his support for dogecoin. Grin

LogitechMouse

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Its common already. We know how Elon is doing in Twitter and when it comes to cryptocurrency, he just say the first thing that comes to his mind.
Let him speak. After all, nobody believes in him anymore. He can't manipulate the market anymore like he did few months ago. We know for a fact that he is a DOGE supporter so.... yeah.

Once a troll always a troll especially in twitter where trolls are everywhere. The ones who are following him are the ones who will lose their money. What's important now is Bitcoin is above the $50,000 price again Cheesy

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avikz

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Elon is constantly trying to promote doge and it's pretty evident from his tweets. But he also owns bitcoins along with other currencies. So shading at bitcoin won't do anything great for his own portfolio.

Also it's an undeniable fact thay doge transactions are faster amd cheaper than Bitcoin. That's why he had planned to accept doge payments at Tesla dealerships instead of Bitcoin.

I personally feel, we don't need to take his tweets so seriously. He probably have fee millions placed in Doge and wants the price to go up. He is just using his influence to achieve that!

mk4

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Can't believe we think that Elon trolling on Twitter(as per usual) is "throwing shade at bitcoin" now. The dude literally owns bitcoin on his personal holdings and his company(Tesla) right now. Seriously, don't waste too much time into reading too deeply into his Tweets.

michellee

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Elon is a just pro with the money. Wherever the money flow, he will try to make money. I doubt he pro bitcoin, doge or other currency. If he is really pro to one thing, he will support it and not say anything about the other, just give support. If he is pro bitcoin, he collaborates with Jack Dorsey but we never know his plan. He does not have to convince the public that he is pro doge because people will choose the coin they will support and let people decide by themselves.

tbct_mt2

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Jack accussed non-decentralization of Ethereum so it would be worse for Binance Smart Chain because validators on BSC are limited and much less than that of Ethereum.

Dogecoin is almost community coin and even almost no significant developments in last many years, it still survives and I think Elon Musk saw chances to be a biggest influencer with Dogecoin. He stepped in and did his plan.

Elon is smart enough to aware that he can not have such power with Dogecoin or Ethereum

Darker45

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Quote from: Welsh on December 23, 2021, 08:47:00 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.

Welsh

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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.

Yamifoud

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he is making fun with Dode and shilled them in the first place, so what are we gonna expect from him? A pro-Doge will always talk like that and hated Bitcoin and other coins, unless if he changes his mind and accept that Doge is a meme coin.
He is trying to convince people to buy Doge, not Bitcoin. He has the influence and that could bring something big influence to the newcomers, yet can be natural but I'm not sure how effective it was as people know that Bitcoin is the most trusted coin in the crypto market.

glendall

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Elon's actions are very funny, the characteristics of people who do not have a stand, whatever Elon says at this time has no effect on the current crypto price, including the doge he is great at, only goes up about 10% and goes back down, doesn't have any effect because of what he said. talking about elon is just gibberish (just my thoughts)

mynonce

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Quote from: hatshepsut93 on December 23, 2021, 04:48:05 PM

Maybe it was funny at the start, but Elon's half-joking support for Doge has been old for quite a while...

Quote from: Oasisman on December 23, 2021, 04:36:27 PM

... Now, he's back at it again. Let's see If he can pull up another trick to pump up Doge lol.

@elonmusk: Tesla will make some merch buyable with Doge & see how it goes https://twitter.com/elonmusk/status/1470703708677840896

That was last week, kickstarted the chart, but is back again.

DoublerHunter

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^ We know Elon Musk is a big fan of DOGE and I think that is normal to appreciate his altcoin hold but IF HE compares it to BTC.
I don't think so what will gonna going to say, it is pretty normal to me to see his action because as we know he has a large number of DOGE and it could be he wants to make the price up of DOGE and throwing shade at BTC is not of his concern. Probably now most people those who know already him, obviously ignored him.

hatshepsut93

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Maybe it was funny at the start, but Elon's half-joking support for Doge has been old for quite a while, and now it even has a negative effect on people, as Doge keeps going down, which is the only way it can objectively go, but some people are getting hope and invest in this shitcoin and are set to lose money.

By the way, jack's tweet is a part of large series of tweets, you can check an article about it here

Topic: Elon Musk once again throwing shade at bitcoin - page 4. (Read 714 times)