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Topic: Some recent tweets by Elon Musk showing he is starting to warm up to Bitcoin? (Read 882 times)

legendary
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With the recent events of twitter shareholders making Musk accountable for his actions in buying the platform it does seem the acquisition of him taking over will move forward.
Now if he really into cryptocurrency or even bitcoin for that matter, he must show his interest by revolutionizing it's use on the platform even further.
The former CEO of twitter had much interest in bringing this forward and did:
https://cointelegraph.com/news/twitter-ceo-jack-dorsey-reiterates-a-positive-outlook-on-bitcoin-tipping-during-earnings-call
ETH is also allowed to be transferred on the platform:
https://techcrunch.com/2022/02/16/twitter-ethereum-tips-tip-jar-wallet/
sr. member
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I learned not to take into account what Elon Musk says, he should be more aware of trips to space and not mess with bitcoin anymore, whatever he does, stop doing with bitcoin and twitter to many of the community of bitcoin does not interest, it is a person who has sold bitcoin and is only thinking about his money, how to get more, that behavior is normal in the rich, yes, he is an influencer type, but up to there.
hero member
Activity: 2996
Merit: 609

I think he's just pretending to be a fat troll, when in fact he's a trickster, and does everything purely for his own gain. He doesn't care about cryptocurrencies, he just manipulated the market well at the time and was able to make a lot of money. And because cryptocurrencies are not sufficiently regulated, his tricks go unpunished.

Even I don't believe it anymore. I don't really think much about what he does on his social media. Because I know he's just making a new opinion to move the market. Maybe for newcomers will make believe. But for me Elon has disappointed me a lot because he is unstable with what he says. I agree if he wants to make money for himself only. I do follow his account but I don't really take what he writes seriously.
This is what majority of the cryptocurrency users do now. He's a businessman and he prefers money over everything. Same time he's brilliant enough to make use of opportunities. So, his words change with time. This is common with him. Right now it looks like an right time to make some disturbance. For time being people are good enough and haven't reacted knowing about him and his tweets.
When we do experience first time things like on what Elon had done in the past then we do usually end up on playing on someones hands specially for a businessman or billionaire or simply an influential

person but we've seen enough and able to learnt up things after that and we've seen on how he had made use of that opportunity and now investors becomes more wiser and more aware on how

this market could really be somewhat manipulated by these calls or tweets which we've seen that recently that his activities arent really getting that much effect on overall market.
hero member
Activity: 2618
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I think he's just pretending to be a fat troll, when in fact he's a trickster, and does everything purely for his own gain. He doesn't care about cryptocurrencies, he just manipulated the market well at the time and was able to make a lot of money. And because cryptocurrencies are not sufficiently regulated, his tricks go unpunished.

Even I don't believe it anymore. I don't really think much about what he does on his social media. Because I know he's just making a new opinion to move the market. Maybe for newcomers will make believe. But for me Elon has disappointed me a lot because he is unstable with what he says. I agree if he wants to make money for himself only. I do follow his account but I don't really take what he writes seriously.
This is what majority of the cryptocurrency users do now. He's a businessman and he prefers money over everything. Same time he's brilliant enough to make use of opportunities. So, his words change with time. This is common with him. Right now it looks like an right time to make some disturbance. For time being people are good enough and haven't reacted knowing about him and his tweets.
hero member
Activity: 1400
Merit: 770

I think he's just pretending to be a fat troll, when in fact he's a trickster, and does everything purely for his own gain. He doesn't care about cryptocurrencies, he just manipulated the market well at the time and was able to make a lot of money. And because cryptocurrencies are not sufficiently regulated, his tricks go unpunished.

Even I don't believe it anymore. I don't really think much about what he does on his social media. Because I know he's just making a new opinion to move the market. Maybe for newcomers will make believe. But for me Elon has disappointed me a lot because he is unstable with what he says. I agree if he wants to make money for himself only. I do follow his account but I don't really take what he writes seriously.
legendary
Activity: 2478
Merit: 1360
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I hope people will learn from this and never again trust this man with their money. Not like you should trust anybody with your money, but Musk showed he's as two faced as McAfee was.
At least John can no longer spew his hate on social media, but Elon is not going to stop. You'll hear him and his new big project that is going to get abandoned because Musk is bipolar and has his mood swings all the time. He wanted to go into space, but forgot about it, he wanted to make high speed tunnels below cities - pretty much a dead project. He wanted to invest in bitcoin now bitcoin is bad and the community hates him, so nope. He wanted to mine bitcoin with Jack Dorsey using green energy, which is probably going to get abandoned like everything else.
sr. member
Activity: 2282
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Musk is a professional troll, and while he does seem to hold some beliefs and values, I don't think they apply much to cryptos. Cryptos are just an area of pumping and dumping to him, clearly, and a meme is more important that anything. So sometimes he gives people hope that he's not all anti-Bitcoin, and other times news hit that his company sold tons of their bitcoins. Most recently, it seems, he reiterated support of Dogecoin. But then again, I remember that he once made a Twitter poll on whether his audience wants to see Dogecoin as a payment for Teslas, and the majority voted yes, but he didn't do it anyway.
I think he's just pretending to be a fat troll, when in fact he's a trickster, and does everything purely for his own gain. He doesn't care about cryptocurrencies, he just manipulated the market well at the time and was able to make a lot of money. And because cryptocurrencies are not sufficiently regulated, his tricks go unpunished.
legendary
Activity: 2240
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A Bitcoiner chooses. A slave obeys.
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It was all in his calculations, admittedly he was a master at manipulation. In fact, he has never been interested in bitcoin or dogecoin, the only thing that matters to him is profit, just be profitable he is ready to tweet anything. The lawsuit with the social network Twitter, I guess is also in the plan, sooner or later you will own this social network, but it will be lower than the original valuation of 44 billion.

True, i think Elon is a master of Market manipulation, He prove that with Bitcoin and Dogecoin, the fact that he sold most of his BTC to capitalize Tesla is the prof. And he is in his right to do it. Buy and sell bitcoin isn't something illegal, but what is illegal is to use his influence for a market manipulation. He is playing with fire.

Elon can manipulate the market once but we should not let him do it again and again. The best way to stop him from manipulating is to stop reacting to his tweets.
If we collectively stop responding to his tweets, his tweets will have no impact on the market.
Elon Musk is a top businessman in the world. He chose this crypto when crypto was not so familiar. He used to tweet about a particular coin for a long time, then the price of that coin would increase more in the market and a certain time that get down. Again after a few days the same situation happened. Investors generally understand these things later. So his tweets about crypto-currencies are much less than before. Maybe it can be his business strategy or it can be for long term strategy.

People get fooled about his tweet because he make them think that he's unto crypto and support its growth, but he's totally exposed now and people knows he's intention that's why his last stint never works and I believe the current little progress cannot do anything with Elon Musk activity so maybe its good not to relate his name on each movements because all of those are complete lie. He's tweet is just for pure business and he just want to caught people's belief then earn with it.

Exactly. He got totally exposed for being a no-coiner and an egomaniacal, meme-posting and incompetent public figure. But then again I have been saying this for ages. Everything he does he only does to boost his own overinflated ego.

Still, coiners should take notice that Elon Musk's fans are not selling their coins, even though he is doing exactly that. I guess I was wrong about most of his fanbase being sheep who follow around another populist. And Elon's Bitcoin Sell-Off has not had much of an impact on the price. Only slightly down ever since he announced his no-coiner status.

All in all, Bitcoin remains strong.
legendary
Activity: 2758
Merit: 1228
...
It was all in his calculations, admittedly he was a master at manipulation. In fact, he has never been interested in bitcoin or dogecoin, the only thing that matters to him is profit, just be profitable he is ready to tweet anything. The lawsuit with the social network Twitter, I guess is also in the plan, sooner or later you will own this social network, but it will be lower than the original valuation of 44 billion.

True, i think Elon is a master of Market manipulation, He prove that with Bitcoin and Dogecoin, the fact that he sold most of his BTC to capitalize Tesla is the prof. And he is in his right to do it. Buy and sell bitcoin isn't something illegal, but what is illegal is to use his influence for a market manipulation. He is playing with fire.

Elon can manipulate the market once but we should not let him do it again and again. The best way to stop him from manipulating is to stop reacting to his tweets.
If we collectively stop responding to his tweets, his tweets will have no impact on the market.
Elon Musk is a top businessman in the world. He chose this crypto when crypto was not so familiar. He used to tweet about a particular coin for a long time, then the price of that coin would increase more in the market and a certain time that get down. Again after a few days the same situation happened. Investors generally understand these things later. So his tweets about crypto-currencies are much less than before. Maybe it can be his business strategy or it can be for long term strategy.

People get fooled about his tweet because he make them think that he's unto crypto and support its growth, but he's totally exposed now and people knows he's intention that's why his last stint never works and I believe the current little progress cannot do anything with Elon Musk activity so maybe its good not to relate his name on each movements because all of those are complete lie. He's tweet is just for pure business and he just want to caught people's belief then earn with it.
legendary
Activity: 2828
Merit: 1497
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Who honestly gives a crap? I don't especially after throwing the entire cryptocurrency market into chaos several times so far which helped him earn a ton of money and were smart moves, but they proved that he didn't really care about BTC.

Musk rose to the top thanks to his insane greed and selfishness. He is a master manipulator who knows how to deal with different kinds of people.

This is why whatever he says or does related to the cryptocurrency market isn't reliable or trustworthy. Just my 2 cents.
No, Everything you say is spot on about Musk and I fully agree.
But you can not ignore the fact that he does move the markets, no matter how much you despise the guy or what he has done and is doing.
Musk has alot of influence on anything he gets his hands into whether that pumps it's value or in this case dumps it.
hero member
Activity: 2128
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...
It was all in his calculations, admittedly he was a master at manipulation. In fact, he has never been interested in bitcoin or dogecoin, the only thing that matters to him is profit, just be profitable he is ready to tweet anything. The lawsuit with the social network Twitter, I guess is also in the plan, sooner or later you will own this social network, but it will be lower than the original valuation of 44 billion.

True, i think Elon is a master of Market manipulation, He prove that with Bitcoin and Dogecoin, the fact that he sold most of his BTC to capitalize Tesla is the prof. And he is in his right to do it. Buy and sell bitcoin isn't something illegal, but what is illegal is to use his influence for a market manipulation. He is playing with fire.

Elon can manipulate the market once but we should not let him do it again and again. The best way to stop him from manipulating is to stop reacting to his tweets.
If we collectively stop responding to his tweets, his tweets will have no impact on the market.
Elon Musk is a top businessman in the world. He chose this crypto when crypto was not so familiar. He used to tweet about a particular coin for a long time, then the price of that coin would increase more in the market and a certain time that get down. Again after a few days the same situation happened. Investors generally understand these things later. So his tweets about crypto-currencies are much less than before. Maybe it can be his business strategy or it can be for long term strategy.
legendary
Activity: 3248
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Musk is a professional troll, and while he does seem to hold some beliefs and values, I don't think they apply much to cryptos. Cryptos are just an area of pumping and dumping to him, clearly, and a meme is more important that anything. So sometimes he gives people hope that he's not all anti-Bitcoin, and other times news hit that his company sold tons of their bitcoins. Most recently, it seems, he reiterated support of Dogecoin. But then again, I remember that he once made a Twitter poll on whether his audience wants to see Dogecoin as a payment for Teslas, and the majority voted yes, but he didn't do it anyway.
sr. member
Activity: 2030
Merit: 356
...
It was all in his calculations, admittedly he was a master at manipulation. In fact, he has never been interested in bitcoin or dogecoin, the only thing that matters to him is profit, just be profitable he is ready to tweet anything. The lawsuit with the social network Twitter, I guess is also in the plan, sooner or later you will own this social network, but it will be lower than the original valuation of 44 billion.

True, i think Elon is a master of Market manipulation, He prove that with Bitcoin and Dogecoin, the fact that he sold most of his BTC to capitalize Tesla is the prof. And he is in his right to do it. Buy and sell bitcoin isn't something illegal, but what is illegal is to use his influence for a market manipulation. He is playing with fire.

Elon can manipulate the market once but we should not let him do it again and again. The best way to stop him from manipulating is to stop reacting to his tweets.
If we collectively stop responding to his tweets, his tweets will have no impact on the market.
legendary
Activity: 3346
Merit: 3125
...
It was all in his calculations, admittedly he was a master at manipulation. In fact, he has never been interested in bitcoin or dogecoin, the only thing that matters to him is profit, just be profitable he is ready to tweet anything. The lawsuit with the social network Twitter, I guess is also in the plan, sooner or later you will own this social network, but it will be lower than the original valuation of 44 billion.

True, i think Elon is a master of Market manipulation, He prove that with Bitcoin and Dogecoin, the fact that he sold most of his BTC to capitalize Tesla is the prof. And he is in his right to do it. Buy and sell bitcoin isn't something illegal, but what is illegal is to use his influence for a market manipulation. He is playing with fire.
legendary
Activity: 2478
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Who honestly gives a crap? I don't especially after throwing the entire cryptocurrency market into chaos several times so far which helped him earn a ton of money and were smart moves, but they proved that he didn't really care about BTC.

Musk rose to the top thanks to his insane greed and selfishness. He is a master manipulator who knows how to deal with different kinds of people.

This is why whatever he says or does related to the cryptocurrency market isn't reliable or trustworthy. Just my 2 cents.

It was all in his calculations, admittedly he was a master at manipulation. In fact, he has never been interested in bitcoin or dogecoin, the only thing that matters to him is profit, just be profitable he is ready to tweet anything. The lawsuit with the social network Twitter, I guess is also in the plan, sooner or later you will own this social network, but it will be lower than the original valuation of 44 billion.
hero member
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Who honestly gives a crap? I don't especially after throwing the entire cryptocurrency market into chaos several times so far which helped him earn a ton of money and were smart moves, but they proved that he didn't really care about BTC.

Musk rose to the top thanks to his insane greed and selfishness. He is a master manipulator who knows how to deal with different kinds of people.

This is why whatever he says or does related to the cryptocurrency market isn't reliable or trustworthy. Just my 2 cents.
legendary
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Elon had sold $6.9bln worth of his tesla company's shares on the looming court case to do with the twitter deal inwhich he backed out of.
https://www.theverge.com/2022/8/9/23299343/elon-musk-tesla-stock-sells-twitter-trial
No wonder he started selling his holdings in bitcoin and now needing to sell tesla stock. It's showing just how this deal with twitter had backfired on his plans to be a multi-social media mogul.
legendary
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Now we know the answer from the most recent news breaking a couple of hours ago which is causing the price to drop again after rising a bit after a 5 week slump:
https://www.wsj.com/livecoverage/tesla-earnings-q2-2022-elon-musk-live/card/tesla-sells-75-of-its-bitcoin-purchases-tgkMdMf1EHDvdniqHu8S

https://www.coindesk.com/business/2022/07/20/tesla-sold-936m-worth-of-bitcoin-in-second-quarter/

Selling 75% of your holdings and it being worth $963 million sure doesn't sound you support something that you fully believe in.
legendary
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Having a huge helping hand from Binance so to bring enough capital to the table it does seem the next iteration will have something to do with bitcoin when the takeover from Musk who had announced he will be operating as interim CEO for the beginning of the restructuring in the next 6 months.


legendary
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With changing his profile photo to a collection that just might be his of the successful Bored Ape Yacht Club phenom in the NFT space.
https://www.cnet.com/personal-finance/crypto/elon-musk-uses-bored-ape-yacht-club-as-profile-picture-chaos-ensues/
https://www.benzinga.com/markets/cryptocurrency/22/05/26989020/does-elon-musk-own-101-bored-ape-yacht-club-nfts

This seems to be a nice trend in the cryptocurrency genre and seems to be warming up to the idea it will have a definite future on his platform.
hero member
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Is this a win for Bitcoin that Elon musk is rooting for Bitcoin with his post? Yes I think so, but is there something in this for him, well yes but it’s a benefit that everyone might gain unlike when he was rooting for doge coin, unlike Dogecoin bitcoin is already well established and it isn’t looking at primary boosting investors pocket rather Bitcoin is about globalization, it’s at a high stage where a global adoption of bitcoin is very possible, so I am glad Elon musk has realized that.
legendary
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Nobody says he is a crypto expert. Far from it!
But he does know future technology and definitely knows how to utilize it in ways that many can not accomplish in their life times.
As @Welsh has mentioned in their posts:
He knows how to think outside the box and it allows him to advance whatever companies he leads towards their goals at an accelerated rate.

Now if he can just do this for cryptocurrenies we would be at $100k per BTC by now!
legendary
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He is not only an influencer, not only one of the richest people in the world. He is still a businessman that will think about money that he can agin.
And tweeting about Bitcoin and maybe another cryptocurrency, he always knows that what he tweets always attract the world's attention. That is why it may be one of the strategies to make Bitcoin more accepted in the world, or for pumping the price and otehrs? ANd the last or end result is about ganing more profits and money.
He officially is the richest man in the world with this acquisition of yet another fully developed company to add to his collect of successful ones.
I think SpaceX has a more broader reach than Bezos and Branson's and Tesla is also a household name when it comes to electric cars.
He also has implemented payments via Doge coin for subscriptions to the Twitter Blue service which authenticates users automatically and gives them added features on the platform.
https://blog.twitter.com/en_us/topics/company/2021/introducing-twitter-blue

he can do whatever he wants to do but at the end of the day, it is true that he is a businessman and every step he will make, he knows has impact on his business interests. he won't get twitter if he is not seeing something on this social media platform. who knows, his acquisition of twitter will speed up the crypto payment via socmed? not only doge but btc as well. and with his positive approach on crypto market, he may be one of those influencers who will assist in increasing the adoption of crypto.
remember, a lot of people still look up to him, even if we say he is not by any means a crypto expert.
legendary
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He is not only an influencer, not only one of the richest people in the world. He is still a businessman that will think about money that he can agin.
And tweeting about Bitcoin and maybe another cryptocurrency, he always knows that what he tweets always attract the world's attention. That is why it may be one of the strategies to make Bitcoin more accepted in the world, or for pumping the price and otehrs? ANd the last or end result is about ganing more profits and money.
He officially is the richest man in the world with this acquisition of yet another fully developed company to add to his collect of successful ones.
I think SpaceX has a more broader reach than Bezos and Branson's and Tesla is also a household name when it comes to electric cars.
He also has implemented payments via Doge coin for subscriptions to the Twitter Blue service which authenticates users automatically and gives them added features on the platform.
https://blog.twitter.com/en_us/topics/company/2021/introducing-twitter-blue
hero member
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He is not only an influencer, not only one of the richest people in the world. He is still a businessman that will think about money that he can agin.
And tweeting about Bitcoin and maybe another cryptocurrency, he always knows that what he tweets always attract the world's attention. That is why it may be one of the strategies to make Bitcoin more accepted in the world, or for pumping the price and otehrs? ANd the last or end result is about ganing more profits and money.
staff
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I also see how smart Elon is as he can totally predict the future of fiat losing its present value and that cryptocurrency will be our new future.
This doesn't take a smart person to work this out, it requires someone who can think clearly without bias. A lot of people are very defensive of fiat, without really knowing it. We've basically been told this is how it is, and you'll learn to love it, despite personally to me money being one of the biggest issues in the world.

The real question is what cryptocurrency will replace the current fiat system, and will it be Bitcoin? Bitcoin mitigates some of its problems, but not all. I'm not completely sure, and I've said previously that I believe Bitcoin might not be the solution to our problem, but a ways of getting there. A foundation if you will.

I might be wrong, and I know that paragraph there will be greeted with some scepticism, but I'm not trying to say altcoins are the way to go, because quite clearly currently Bitcoin is the most promising. However, Bitcoin to me might just be the prototype, unless it can adapt, if it can adopt, and evolve to our needs while improving fiat even more, there's no reason why Bitcoin can't be the solution. At the moment, Its not the complete solution, but rather a partial solution to a pretty bad global money system.
hero member
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Like Jack Dorsey, Elon Musk has always been a big fan of blockchain and cryptocurrencies especially Bitcoin and Dogecoin. So it doesn't come as a surprise to me to see him discuss currency systems. It also won't be a surprise to me when Bitcoin gets integrated to Tesla products and services. Musk is a smart guy and he knows that there's an incoming financial evolution that would make fiat obsolete in the coming years. So it's best to stay with the winning team.
I also see how smart Elon is as he can totally predict the future of fiat losing its present value and that cryptocurrency will be our new future. He has always been a believer of blockchain and cryptocurrency so its not something new that he has always the positive vibes for cryptocurrency. But i don't think bitcoin is his main focus, most likely its dogecoin that he wants to hype it again to maximize its price increase. So its definitely the same old intention is still there.
hero member
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If he ends up spending around 50 billion dollars just for twitter, would that be one of the highest bids for a social media company ever? I mean there are companies that worth more, namely facebook (meta) owns instagram and whatsapp as well, but never bought them for that high, they are just owned by the founder mark as well so even though it is valued higher, I do not remember an acquisition this big before.

To be fair, I do not remember many 50 billion dollar purchases of anything that easily, that is like a nation level purchase and not a person level one. Would be weird to see, I have zero idea if it will be better or worse, he is unpredictable that way.

but I see twitter is the most active social media in the cryptocurrency field. just try to see every new token or coin project, the first account to use is twitter and telegram. and rarely use facebook in the beginning. so this twitter is better known among cryptocurrencies. even doge prices can skyrocket as a result of Elon's tweet on twitter. then Elon certainly see greater potential in the future about this twitter. so he is willing to spend a lot of money just to get twitter. and about facebook. I don't think mark zucke**** will ever sell it. whatever price is offered.
legendary
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If he ends up spending around 50 billion dollars just for twitter, would that be one of the highest bids for a social media company ever? I mean there are companies that worth more, namely facebook (meta) owns instagram and whatsapp as well, but never bought them for that high, they are just owned by the founder mark as well so even though it is valued higher, I do not remember an acquisition this big before.

To be fair, I do not remember many 50 billion dollar purchases of anything that easily, that is like a nation level purchase and not a person level one. Would be weird to see, I have zero idea if it will be better or worse, he is unpredictable that way.
He didn't spend it all for this acquisition from his own pocket but took out two huge loans given out by a couple of Canadian banks and actually sold one for one tesla shares he held so to be able to put in such a bid for the company.
Think I heard it is 20% of his worth to put up the funds so to buy them out.
What is he doing right now?
Saying things such as: "I am thinking about buying more American companies .."
hero member
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I don't follow his Twitter, but from what I saw, I got impression that he always been positive about crypto, blockchain and obviously, Bitcoin. So' I'm not very surprised to see him posting about Bitcoin. And I think that endorsement from person like Musk means a lot.
A smart person will always be positive in all his actions, regardless of what his real intention is. And knowing about Elon, he will always be a big influencer to everyone especially for all the newbies out there. So not really surprising for all of us if he stick on bitcoin because he knows that its going to bring huge profits in our investments in the future.
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If he ends up spending around 50 billion dollars just for twitter, would that be one of the highest bids for a social media company ever? I mean there are companies that worth more, namely facebook (meta) owns instagram and whatsapp as well, but never bought them for that high, they are just owned by the founder mark as well so even though it is valued higher, I do not remember an acquisition this big before.

To be fair, I do not remember many 50 billion dollar purchases of anything that easily, that is like a nation level purchase and not a person level one. Would be weird to see, I have zero idea if it will be better or worse, he is unpredictable that way.
full member
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
people should not be believing what Elon tweet on his handle. The news of Elon have master some people from age's. I observe when people retweet Elon tweet on Twitter it makes it side news of cryptocurrency to bump. His news does not whelmed my attention again. From when i know Elon by cryptocurrency.it never recommend bitcoin and it always comment bad of bitcoin so why will i take it information serious when i know that nothing good comes out from it information of cryptocurrency
In the past, then his tweets do really make out some impact but for now then it is mostly ignored since we know on how things do end up on that manipulative kind of behavior which is something that the community
isnt really that a fan of.

We could really compare out the current situation compared into the past which there's a significant reaction whenever this guy do make out some words
but people are getting smarter as years going.
But everyone is waiting for his next move in clearing up the platform from bots and any manipulative behavior that goes along with those accounts.
The way it is sounding there will be some new way of verification and have a new and improved checkmark system or just scrap that all together and just go crypto-payments to validate real accounts from the spam bots.
In the past, every tweet from a famous person seemed to be swallowed raw so they immediately acted without thinking further, and it was proven by one of the meme coins at that time, but it turns out that we realized after everything happened and I think we will feel disappointed for those who fall into the trap, which until now has not returned. different from the current situation, where many people already know the characteristics of crypto so that not many panic when fluctuations occur, and will think far about the news they get. but after all Elon still has influence with his money
hero member
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
people should not be believing what Elon tweet on his handle. The news of Elon have master some people from age's. I observe when people retweet Elon tweet on Twitter it makes it side news of cryptocurrency to bump. His news does not whelmed my attention again. From when i know Elon by cryptocurrency.it never recommend bitcoin and it always comment bad of bitcoin so why will i take it information serious when i know that nothing good comes out from it information of cryptocurrency
In the past, then his tweets do really make out some impact but for now then it is mostly ignored since we know on how things do end up on that manipulative kind of behavior which is something that the community
isnt really that a fan of.

We could really compare out the current situation compared into the past which there's a significant reaction whenever this guy do make out some words
but people are getting smarter as years going.
But everyone is waiting for his next move in clearing up the platform from bots and any manipulative behavior that goes along with those accounts.
The way it is sounding there will be some new way of verification and have a new and improved checkmark system or just scrap that all together and just go crypto-payments to validate real accounts from the spam bots.

Yeah, we wanted to see how he will go and clear the platforms not just bots or manipulative accounts, but scammers as well. We all know that twitter was a big target for criminals by hacking legit accounts and then totally sold their scams by impersonating.

He is such a influencer more so when he acquires Twitter, there could be drastic changes coming and hopefully it will be good for everyone, including crypto enthusiast.
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This news is no longer surprising. but i think not so fast. I think that Elon really has a lot of bitcoins in his wallet. he is a smart person who is good at seeing potential and good at controlling situations. and of course Elon must see such great potential in the future. those of us who don't have much bitcoin just have to be good at watching these big players move. it will make it easier for us to determine when to enter and when to leave.
legendary
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
people should not be believing what Elon tweet on his handle. The news of Elon have master some people from age's. I observe when people retweet Elon tweet on Twitter it makes it side news of cryptocurrency to bump. His news does not whelmed my attention again. From when i know Elon by cryptocurrency.it never recommend bitcoin and it always comment bad of bitcoin so why will i take it information serious when i know that nothing good comes out from it information of cryptocurrency
In the past, then his tweets do really make out some impact but for now then it is mostly ignored since we know on how things do end up on that manipulative kind of behavior which is something that the community
isnt really that a fan of.

We could really compare out the current situation compared into the past which there's a significant reaction whenever this guy do make out some words
but people are getting smarter as years going.
But everyone is waiting for his next move in clearing up the platform from bots and any manipulative behavior that goes along with those accounts.
The way it is sounding there will be some new way of verification and have a new and improved checkmark system or just scrap that all together and just go crypto-payments to validate real accounts from the spam bots.
legendary
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
people should not be believing what Elon tweet on his handle. The news of Elon have master some people from age's. I observe when people retweet Elon tweet on Twitter it makes it side news of cryptocurrency to bump. His news does not whelmed my attention again. From when i know Elon by cryptocurrency.it never recommend bitcoin and it always comment bad of bitcoin so why will i take it information serious when i know that nothing good comes out from it information of cryptocurrency
In the past, then his tweets do really make out some impact but for now then it is mostly ignored since we know on how things do end up on that manipulative kind of behavior which is something that the community
isnt really that a fan of.

We could really compare out the current situation compared into the past which there's a significant reaction whenever this guy do make out some words
but people are getting smarter as years going.
legendary
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
people should not be believing what Elon tweet on his handle. The news of Elon have master some people from age's. I observe when people retweet Elon tweet on Twitter it makes it side news of cryptocurrency to bump. His news does not whelmed my attention again. From when i know Elon by cryptocurrency.it never recommend bitcoin and it always comment bad of bitcoin so why will i take it information serious when i know that nothing good comes out from it information of cryptocurrency
Well this method seemed to have worked for him so far.
He has gone ahead and bought twitter at a lower price than his initiate bid of $46.5bn at $44bn instead.
I think they said he managed to pay off the shareholders @$54.20 per share which to him was a steal for now he has a playground for saying and doing whatever he wants.
https://www.nytimes.com/2022/04/25/technology/twitter-employees-elon-musk.html

Twitter employees needing therapy after the buy-out video:
https://www.youtube.com/watch?v=rFNCsSBnYVg
He loves bombastic shit.

He looks doesnt care what kind influence he could created  the controversial actions after controversial actions and so on.
It's like taking advantages out of the poor through his smart plain ways and his huge cash.
Believe me , bitcoin gonna near its death once elon doing his thing.
legendary
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
people should not be believing what Elon tweet on his handle. The news of Elon have master some people from age's. I observe when people retweet Elon tweet on Twitter it makes it side news of cryptocurrency to bump. His news does not whelmed my attention again. From when i know Elon by cryptocurrency.it never recommend bitcoin and it always comment bad of bitcoin so why will i take it information serious when i know that nothing good comes out from it information of cryptocurrency
Well this method seemed to have worked for him so far.
He has gone ahead and bought twitter at a lower price than his initiate bid of $46.5bn at $44bn instead.
I think they said he managed to pay off the shareholders @$54.20 per share which to him was a steal for now he has a playground for saying and doing whatever he wants.
https://www.nytimes.com/2022/04/25/technology/twitter-employees-elon-musk.html

Twitter employees needing therapy after the buy-out video:
https://www.youtube.com/watch?v=rFNCsSBnYVg
sr. member
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
people should not be believing what Elon tweet on his handle. The news of Elon have master some people from age's. I observe when people retweet Elon tweet on Twitter it makes it side news of cryptocurrency to bump. His news does not whelmed my attention again. From when i know Elon by cryptocurrency.it never recommend bitcoin and it always comment bad of bitcoin so why will i take it information serious when i know that nothing good comes out from it information of cryptocurrency
legendary
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Well he might be using it to help fund his new offer of $46.5 bln offer reportedly submitted to the SEC filing put in today.
"Elon Musk is exploring whether to commence a tender offer for Twitter, according to a new securities filing.
The updated filing published on Thursday says Musk has received commitments for $46.5 billion to help finance the potential deal."

Up from $43 bln earlier this week.
He really wants this company if he keeps upping it by the billions and I can see the rest of the shareholders eventually accepting the offer.

Just imagine if he puts twitter on the blockchain and have it running off the lightning network?
Now that would be pretty epic.
Get ready for bitcoin or doge symbol to replace the bird logo on their page soon if this does actually happen.

I hope to see the Bitcoin symbol if he manages to get Twitter that would be a great thing for Bitcoin and crypto in general.I think he has enough money to own Twitter and to make an offer which the shareholders will not say no,hopefully he can make us go in the new all time high for Bitcoin and all other cryptos like he did exactly one year ago.For what else he wants to get such a huge information sharing platform with a huge userbase like Twitter?
legendary
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Well he might be using it to help fund his new offer of a $46.5 bln offer reportedly submitted to the SEC filing put in today.
"Elon Musk is exploring whether to commence a tender offer for Twitter, according to a new securities filing.
The updated filing published on Thursday says Musk has received commitments for $46.5 billion to help finance the potential deal."

Up from $43 bln earlier this week.
He really wants this company if he keeps upping it by the billions and I can see the rest of the shareholders eventually accepting the offer.

Just imagine if he puts twitter on the blockchain and have it running off the lightning network?
Now that would be pretty epic.
Get ready for bitcoin or doge symbol to replace the bird logo on their page soon if this does actually happen.
hero member
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-He is not warming up to bitcoins, he is warming up to the idea of gaining more profit from it while he sits back and manipulate the market from afar.
-He does understand the value of Bitcoins as a whole when we are talking about exchanging with the Altcoins as well therefore it's essential that they start with that.
-The amount of profit that can be made by the volatility in the bitcoin marker far encompasses the one that would be made in other markets as well
-He would not be consistent with his support since he has done this before to only run back afar with dark market manipulation tricks
-He is already holding bitcoins, everyone knows it, every big investor is, every rich guy is, it's an undeniable part of our lives now which gives it more credibility and more importance as well.
legendary
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My oh my. Has the tide had turned in less than a year on the Elon vs Twitter saga.
Where he is in a position to outright own the platform he is known infamously for.
Could he buy out the shareholders or will this poison pill scenario play out and deny him.
Because as we all know:
Elon hates to lose and will keep at it until he proven wrong with whatever he does.
sr. member
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Among the achievements Elon has reached, he's a clever and smart guy, been following him since he established SpaceX, and even I myself would like to be paid in Bitcoin rather than be paid in fiat, I mean who wouldn't want to be paid in Bitcoin, right? you may think of volatility as a downside but it actually is the advantage, just imagine the price peaking from the current price right now, the profit itself cannot even be compared when you are earning money through fiat.
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It is very much true the guy knows about money and how to create companies that can build on the other one.
No denying this well known fact and can't blame him for doing this.
Just searching on the non-fungible token craze going in full boar lately, had brushed past this article about his rap song debut some time ago.
https://nypost.com/2021/03/17/elon-musk-passes-on-1-million-offer-for-his-nft-techno-song
I knew about the nft released at the beginning of the year, yet didn't follow up on if he sold it.
He passed up on a million dollar offer on it from an owner of an exchange back in April.
I guess he is just so rich he doesn't need the money for his own creations anymore. Cheesy
legendary
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I don't know the reason for the infatuation by Bitcoin community towards certain individuals such as Warren Buffet and Elon Musk. Do we need the acceptance from these people for our survival? I don't think so. Bitcoin, being a decentralized asset doesn't require the approval or recommendation from anyone. We are long past the stage, where promotion from one individual would have caused a large change in adoption and acceptability.
full member
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It's all the better for us users, right? He is a MASSIVE influencer. If he so much as speaks about an app, it gets a massive boost to its userbase, as happened with Signal recently. No doubt, him talking about crypto will pique others' interests, and quite a bit more people will try to adopt it, try to get in on the game. And, if he wants, he can also educate others regarding crypto after doing some research on his own, the guy is no slouch and actually knows technical stuff, he's not just some marketing guru that wants to sell stuff, sure he wants profits, but he is an Engineer first.

He created PayPal, the guy knows what the world needs in terms of payments, and I sure hope he uses his influence to push crypto in a positive way, unlike the current media that has been droning on about how most uses of bitcoin are for committing frauds.
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He might trade some of his DOGE to BTC eventually. 
I'm sure every tesla out there is covertly mining DOGE when nobody's around  Roll Eyes
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Where money is, rich always comes to get his profit.
There is nothing wrong with that, it may look scummy to us but that is how some of this billionaires become successful. Regarding Musk's stand on bitcoin, I think that he has a warm relation to it because he is an innovator and a big tech giant and by knowing that, we can assume that he does like Bitcoin. Maybe someday we will be on Mars and in a colony founded by Elon, we will be using bitcoin or a cryptocurrency to purchase goods and services.
hero member
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There are Bitcoin ATMs at a Tesla factory in Nevada. Musk has probably been a long-time hodler but he just likes to downplay it for whatever reason. I wonder if Bitcoin would see the same kind of pump as when he has come out and endorsed Dogecoin.

Nice if that is true, however, even if Musk holds bitcoin we still can't assume that he is a big holder. Elon Musk being the richest person in the world is busy with his exploration thing, his space exploration project is big, it needs more funds and I believe he invested a lot on this to materialize.

Any rich person can buy bitcoin but that does not mean they'll all in on it or they invested a bigger portion of their portfolio to bitcoin.
legendary
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
Well we all know Elon Musk for being the biggest troll on twitter.
His way of playing with people since he has everyone dissecting every single word of his tweets and he knows this.
So he goes along with it and has a bit of fun doing so.
He recently posted about a random stock and it pumped and he really didn't know what it was or did.
So you see what kind of pull he has to the people who follow him on every single word he says? Wink
hero member
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Believe me this guy is gonna be leader in the crypto space. Don't why but he does look at the cryptography as language of universe which can be understood by humans and alien species. Dont get me wrong here, this is not off topic talk but a grim reality of the future. With the available intelligence and knowledge Human Race reached at the end of Solar System (through satellites) and landed over moon within 50 years!

With the guy Elon, just imagine what we are capable of doing in next 20-30 years? May be meet intergalactic species. Then we will have trades in between and I guess we can do this through cryptography.

Bitcoin would become the point of contact while making heavy and overflowed information transaction.

Elon must be believing in this theory and he is not into profits from bitcoin but something more.  
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There are Bitcoin ATMs at a Tesla factory in Nevada. Musk has probably been a long-time hodler but he just likes to downplay it for whatever reason. I wonder if Bitcoin would see the same kind of pump as when he has come out and endorsed Dogecoin.
hero member
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Musk is right about money being simply and information system,but he is partially right about labor allocation.
Money is an information system about allocation of resources,not only labor.
I don't know if he is starting to "warm up" to Bitcoin.He seems neutral to every currency,it doesn't matter if it's crypto or fiat(his dogecoin promotion was a joke).
I agree with what he said about production of goods and services being the most important element of capitalism.We became way too focused on the financial markets,"buy low,sell high" and that BS.Capitalism is all about effective usage of resources and pleasing the consumers.
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Bitcoin and Blockchain technology totally become mainstream. So much so that even people who had no idea to invest until this time showed an interest in investing in Bitcoin. But all that aside, Elon Musk is a true tech guy. This is very important if he is aware of innovative technology like cryptocurrency and does not ignore it.
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This guy has some different thoughts about his future and he's very clear in his investment plans on buying BTC I think he wants to change his entire business payment via BTC because it gives him multiple options on making profit like you can buy goods on based on market price well if this goes smoothly I am sure he will again become the richest person as the future of BTC has been massive.

Elon is very clever and business tycoon without any intent he won't say he wanted to buy/ sell goods in BTC, think about it guys.
legendary
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IMO Elon Musk is playing with crypto, at least from curiosity. I cannot imagine an innovative man like him not to have any coins, minimum to play with. But I don't expect any big public crypto move anytime soon.
legendary
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Elon Musk and Bitcoin things is already aged, we already saw years ago how Elon Musk talking about Bitcoin, like some memes on his Twitter account which sometimes they are consider memes and some are serious.
Even previous bull market and bear market, Elon already keep talking about Bitcoin, it become normal to people and followers of Elon Musk.
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Yes, I know of Elon's escapades into owning up to being the CEO of Doge coin. Cheesy
I had a post with a magazine cover of a doge on it with elon's name next to it somewhere. Wink

Saylor did reach out to elon on his twitter for an invitation to join him on his podcast to discuss about bitcoin. I don't know what became of that but I made a post about what I managed to find out so far.
https://bitcointalksearch.org/topic/--5310818

I Also see on official Dogecoin twitter that says "Dogecoin is an open source peer-to-peer cryptocurrency, favored by shibas worldwide. Elon Musk thinks we're pretty cool. [RTs are not endorsements]" https://twitter.com/dogecoin  Grin Grin
jr. member
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Why did you leave this tweet out? It is his latest about bitcoin.

starting to warm up?

"Bitcoin is almost as bs as fiat money"
https://twitter.com/elonmusk/status/1340588909974200321


Now, I`m not a expert but it seems to me he is not warming up to it calling it almost as bullshit as fiat.

You bitcoiners sure have a retarded backward thinking mind set.

By almost it still means its better than fiat. I think he's feeling some regret for knowing about it and not putting a lot of money into it. If he did that instead of tweeting he'd have much more fiat now to spend on his cars, rockets and women.

He's right about that error and latency. Fiat money is either slow or requires third party like a bank or paypal to be sent. Secure fiat is not fast - you have to give cash to someone. Fast fiat is not secure.
Bitcoin is fast and secure but it's not cheap to sent. If it has a weak point that's it at the moment.

Well the truth is, it is not almost as bs as fiat money, it is as bs as fiat money. A frozen pizza is almost as good as a pizza stores, but their both still pizza or bullshit in the case.

Now why would he say that?

Probably because central bankers still win.

Who will have all the coins in the end? Who will have most of the miners? Who will charge you enforced tax AKA network fees and obtain all of the coins in the end now matter how long you hold, the second you make a transaction the central bankers get your coins.

Bitcoin is as bs as fiat money.
It runs off the fumes of fiat.
hero member
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Why did you leave this tweet out? It is his latest about bitcoin.

starting to warm up?

"Bitcoin is almost as bs as fiat money"
https://twitter.com/elonmusk/status/1340588909974200321


Now, I`m not a expert but it seems to me he is not warming up to it calling it almost as bullshit as fiat.

You bitcoiners sure have a retarded backward thinking mind set.

By almost it still means its better than fiat. I think he's feeling some regret for knowing about it and not putting a lot of money into it. If he did that instead of tweeting he'd have much more fiat now to spend on his cars, rockets and women.

He's right about that error and latency. Fiat money is either slow or requires third party like a bank or paypal to be sent. Secure fiat is not fast - you have to give cash to someone. Fast fiat is not secure.
Bitcoin is fast and secure but it's not cheap to sent. If it has a weak point that's it at the moment.
legendary
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Elon Musk is a very innovative guy. Not only due to SpaceX and Tesla.

He is a paypal founder. This person understands about payments, internet, innovations, and knows how to make money with it. there are even some theories he could be satoshi.

I am a big fan of him.

I made a small research about those tweets you shared and foudn this:

Quote
Musk, responding to the chief executive of MicroStrategy, a business intelligence company that has attracted significant attention in recent months by buying over $1 billion worth of bitcoin, asked whether it was possible to convert billions of Tesla's dollars to bitcoin.

A week later, Musk, who wants to make a manned mission to Mars a reality in just a few short years, tweeted a future Mars economy could be based on cryptocurrency, such as bitcoin.
https://www.forbes.com/sites/billybambrough/2021/01/09/elon-musk-the-worlds-richest-man-wants-to-be-paid-in-bitcoin/?sh=30890f1b433a

Living in mars using bitcoin. Get ready.  👽

Yes, I know of Elon's escapades into owning up to being the CEO of Doge coin. Cheesy
I had a post with a magazine cover of a doge on it with elon's name next to it somewhere. Wink

Saylor did reach out to elon on his twitter for an invitation to join him on his podcast to discuss about bitcoin. I don't know what became of that but I made a post about what I managed to find out so far.
https://bitcointalksearch.org/topic/--5310818
jr. member
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Why did you leave this tweet out? It is his latest about bitcoin.

starting to warm up?

"Bitcoin is almost as bs as fiat money"
https://twitter.com/elonmusk/status/1340588909974200321


Now, I`m not a expert but it seems to me he is not warming up to it calling it almost as bullshit as fiat.

You bitcoiners sure have a retarded backward thinking mind set.
legendary
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I'm not so sure if Elon is really interested in Bitcoin. Sure, he has made tweets, questions, and statements regarding Bitcoin but as far as I've observed, those statements, questions, and tweets are more of sarcasm than unequivocal show of support or belief in Bitcoin. Even Elon's question to the most industrious Bitcoin shill, Michael Saylor, was more sarcastic than serious.

Quite frankly, we seem to have already reached the stage of pronoia in this Elon-Bitcoin narrative. We are finding and reading pleasant and encouraging hints and signs and meanings where there is none. It seems we very badly need to have Elon jump on the bandwagon in order to prove a certain point.
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I don't follow his Twitter, but from what I saw, I got impression that he always been positive about crypto, blockchain and obviously, Bitcoin. So' I'm not very surprised to see him posting about Bitcoin. And I think that endorsement from person like Musk means a lot.
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Like Jack Dorsey, Elon Musk has always been a big fan of blockchain and cryptocurrencies especially Bitcoin and Dogecoin. So it doesn't come as a surprise to me to see him discuss currency systems. It also won't be a surprise to me when Bitcoin gets integrated to Tesla products and services. Musk is a smart guy and he knows that there's an incoming financial evolution that would make fiat obsolete in the coming years. So it's best to stay with the winning team.
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Elon Musk recently opened up and admitted he tried to sell tesla to apple in the darkest days when it seemed as if he would never get tesla running. The CEO of apple refused to take a meeting to discuss the sale.

It would seem Elon went through some adversity to make tesla a success and felt insulted when Michael Saylor proposed denominating tesla stock in bitcoin. That feeling when you put blood, sweat and tears into something. Then some random says something which seems to trivialize the sacrifices made. That would seem to be the only reason Musk said anything negative about bitcoin in the 1st place.

Elon Musk has always been an advocate of bitcoin and crypto since day 1 and never really wavered in that.

we should know where he's coming from. sometimes people are judgmental to other people, even without knowing the truth behind such act. everyone can express their opinion but should be a responsible one.
let us not make this as a big deal but be happy that one of the wealthiest individuals on this planet is acknowledging the presence of bitcoin.
legendary
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Elon Musk recently opened up and admitted he tried to sell tesla to apple in the darkest days when it seemed as if he would never get tesla running. The CEO of apple refused to take a meeting to discuss the sale.

It would seem Elon went through some adversity to make tesla a success and felt insulted when Michael Saylor proposed denominating tesla stock in bitcoin. That feeling when you put blood, sweat and tears into something. Then some random says something which seems to trivialize the sacrifices made. That would seem to be the only reason Musk said anything negative about bitcoin in the 1st place.

Elon Musk has always been an advocate of bitcoin and crypto since day 1 and never really wavered in that.
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I'm pretty sure that Elon is going to surprise all of us soon disclosing a huge investment in Bitcoin.

There were so many little signals proving that.
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I mean, he's the richest guy on the planet, no doubt he'd like to be paid in BTC, not because he's a greedy man, but because he knows and he was specifically pointing out BTC as a currency that is would likely to become the most reliable currency in the future, think about being the richest man at the age of 49, that's how smart and innovative of a guy he is, + he is good at throwing memes, he's definitely an out of this world person, and the best part here is choosing Bitcoin, definitely a smart move, he moved in and invented SpaceX, made another move inventing Tesla, and now, he's planning to utilize the potential profit that he may get with Bitcoin.
legendary
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Elon Musk is a very innovative guy. Not only due to SpaceX and Tesla.

He is a paypal founder. This person understands about payments, internet, innovations, and knows how to make money with it. there are even some theories he could be satoshi.

I am a big fan of him.

I made a small research about those tweets you shared and foudn this:

Quote
Musk, responding to the chief executive of MicroStrategy, a business intelligence company that has attracted significant attention in recent months by buying over $1 billion worth of bitcoin, asked whether it was possible to convert billions of Tesla's dollars to bitcoin.

A week later, Musk, who wants to make a manned mission to Mars a reality in just a few short years, tweeted a future Mars economy could be based on cryptocurrency, such as bitcoin.
https://www.forbes.com/sites/billybambrough/2021/01/09/elon-musk-the-worlds-richest-man-wants-to-be-paid-in-bitcoin/?sh=30890f1b433a

Living in mars using bitcoin. Get ready.  👽
sr. member
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I don't know if the news is true or not, I heard Elon hodl some BTC...
many think that Elon just makes doge and bitcoin as a joke *so that Elon is nicknamed the king of memes but behind it all, he definitely buys some doge or bitcoin for his fun.
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The more people who recognize the value of a non-state sponsored currency and store of value like bitcoin, the better it will be for everyone in the world.  Letting control-freak power-hungry politicians have complete power over money is like letting two wolves and a sheep voting on what is for dinner.
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Noticed some activity by mister space-x & tesla himself Elon musk with some tweets since the middle of the month discussing about a currency system.

https://twitter.com/elonmusk/status/1349977642708168704

Also found this kind of funny Cheesy


He is specifically talking about bitcoin because just a few days before he was saying in a similar tweet he would like to be paid in bitcoin some day. Grin

https://twitter.com/benmezrich/status/1347991113530023938

Here is the source article by Forbes.
https://www.forbes.com/sites/billybambrough/2021/01/09/elon-musk-the-worlds-richest-man-wants-to-be-paid-in-bitcoin
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