Topic: Eloncoin : An Emerging Idea of Global Virtual Currency (Read 133 times)

Yeah that's correct, Elon musk is not part of the team that made that eloncoin token. Besides if he were to be interested in the coin he might have also used his influence as to increase the market cap of the coin by now. In my opinion, I believe the  developers of this coin, used his name so as to get the attention of Elon musk's fan and the world in general. Honestly, they gat me the first time I heard the name Elon coin, I thought it was a product of musk but to my greatest surprise it is not. So definitely it was just another marketing strategy the developers saw using the name of a reputable business man.

If he's not affiliated with the project then maybe he's just blinded by the name of Elon Musk getting involve on that project, but he need to realize that elon is not part of the project and there's just one user here create that token maybe so he can easily market that token and get fast revenue from people who believe that it will be supported by the real musk.

They need to understand that its another shitcoin and to slim chance that it will get a decent value and profit to its holders.



2 years is long wait and I don't really think that there's a shitcoin would last that long. Maybe in span of months or a year this token will became worthless since this doesn't get any much hype thru real discussion made by people. Also there's a lot of people been so skeptical about the existence of this project.

As I have previously said, Eloncoin is a lousy name for any coin that the developer wants to be taken seriously.
The name is okay for a 15 days pump and dump memecoin (like my favorite babyelon) but you can't expect great things and proper listing on A tier exchanges with that name as that could attract unnecessary legal hurdles for using the name of wealthiest person without his consent. And as many people claimed the technology Eloncoin is using is old, not as fast and not useful in any way.

Hehe let's just say half of the active members of the forum know but have you considered what the members really think about this token? It's probably mostly negative. I bet a lot of the members who are promoting this through their signature have not bought a single token.

It's still free to dream that Elon will tweet about this one day. Carry on.

You sound so sure about the preference new investors would opt for when considering joining the crypto world.
Some may join because of the long standing history and market value of the coin, that's why it's easier to see new investors buy and HoDL BTC, or electrum rather than the others of which they just use them for trading and instant profit.

Why is this topic being posted on a board where only Bitcoin is discussed. The coin that is being discussed is an altcoin and not Bitcoin. OP please move this topic to the altcoin board. Coming back to the coin itself it a joke that the founder is trying to cash Elon Musk name for hiw own benefit.

Yeah dude, innovator of the current system of exploitation of the workers, did you know that he's getting the cobalt for the batteries of the Tesla's in a cobalt mine in Africa that's basically operated on a slave labor conditions? Not to mention that his antics online is too goofy for me to believe that he's going to change the world for the better which I don't think is the case, he's going to want just more money for himself so he can do whatever he wants to do. I don't think that Eloncoin is even associted to him in anyway, probably just a crypto that wants to hitch on his popularity.

That's right, it seems the OP hasn't figured out that the one who launched it is an old acquaintance of the forum. It was not created by Elon Musk, no matter how much they are using his image in cartoon form to promote the shitcoin.



I believe it will be worthless before those 2 years.

Eloncoin is not launched by Elon Musk and the coin is Proof of Stake, Masternode that is a very old trend. Eloncoin is a fork coin from PIVX if you don't know.

Cryptocurrency market and people there are very crazy. Things can change very quickly and it's not strange if Eloncoin some day will get pump like Shiba Inu but I don't use my money to bet on it. Because Masternode/ Proof of Stake is an old trend that is harder to attract new investors to this coin.

New investors join cryptocurrency market in 2024 and 2025 will pay their attention and money on Layer-2 and cross-chain platforms.

Please just sell your eloncoin and move on. This is not the place for you to be pumping this garbage.

Yeah, but is he really?  Just because you have a lot of ideas, doesn't necessarily mean you're an innovator.  A lot of the stuff he tries to do isn't exactly what I'd call successful.  I remember loads of publicity about his "solar roofs" thing in 2019.  Where did all that momentum go?  Someone already mentioned the Twitter takeover.  Massive fail there.  If he can't even run a social media network, I absolutely would not trust the man with the entire global economy. 

I'd argue that having a lot of money and a seemingly short attention span just means he lurches wildly from one project to the next without any kind of dedication to finishing any of them properly.  A+ for imagination, but maybe a D or D- for implementation.

This happens most of the time, not only with Elon Musk. Warrenbuffet was also against Bitcoin. I'm not sure if he still is, but some people believed him and didn't adopt crypto. I'm sure they regret it now.

People might follow whoever they want, but the market only listens to big players and not some dumbasses who buy and sell on the tweet by celebrities. Surely, some might benefit by getting in early, but it's temporary, and there's no long-term value. Most people will only lose money this way.

A side note is that most of the institutions do their trading via algorithmic trading.

Bunch of nonsense.

Who the fuck is Elon Musk that we are fussing over his coin? If he needs it, let him start it himself and his entire economy.
I've seen a lot of controversies about his Tesla cars, it's not as great as he makes it out to be. He bought the Twitter network, and with his wise business, reduced its value by more than 60% in just one year.

Do you want to support someone who has been proven to have manipulated or tried to manipulate the price of Dogecoin and Bitcoin several times? He is a cunt, the fact that he is very rich is not a reason to consider him some kind of prophet.

ELONCOIN: An Emerging Idea of Global Virtual Currency

Globalization in political Economies simply means unifying component units into a single entity for the purpose of strengthening the currency through the market forces. currently countries over the world are introducing digital currencies to strengthen the paper currencies across the globe.

This ís because, digital or virtual currencies are the more stable than most of the paper currencies . Over time , technology and innovations are becoming more sophisticated thereby creating a world artificial intelligence.

Nigeria for instance adopted the Enaira and the Ewallet idea to strengthen the naira paper currency. Elon Musk as a global innovator may venture into the introduction of the ELONCOIN as a way of providing a two way virtual currency denominations.

Similar to this is the Zuga coin which was introduced by Arch Bishop Sam Zuga. Though the Zuga coin faced criticism because of the challenge of global acceptance like the Bitcoin, this can be handled since the ELONCOIN company is already a known brand in this global forum.

Global domination is within the armpits of economy, technology and politics, it is on these grounds individuals strife to maintain wealth and power to sustain a global standard and rating.

It is time for the launching of Eloncoin to the world economy. This will be possible through strategic global partnership with owners of Blockchains , google , Amazon, apple and other trading platforms.

We look forward to a world of Eloncoin which will stand competitively with other virtual currencies in the exchange markets and trading platforms.

What is your opinion please.
The following link contains brief technical issues around the birth of Zuga coin https://www.vanguardngr.com/2022/04/zuga-coin-how-from-abject-poverty-i-founded-digital-currency-archbishop-sam-zuga/