Topic: What if Elon musk launches his own coin? - page 11. (Read 2870 times)
We know how he's dragged many people into DOGE after he started supporting the meme cryptocurrency. I can't even imagine what can happen if Elon Musk launches his own cryptocurrency. I think people would have a big interest in it for sure. As long as he backs it, there will be tons of people who are ready to invest into it right away.
The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.
What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
Of course it will work, and the price will be high. In Dogecoin, Elon Musk only acts as an investor, but he is able to make the price soar, and of course when he develops his own coin, then he will spend a lot of money pumping it. When prices are high, and other investors start to be tempted, then at that time he will take profits.
In general, this is a very interesting idea, and I think if Elon Musk will create his own cryptocurrency, then it will be very popular and in demand, since the whole world follows Elon Musk and a lot of big investors also follow Elon Musk, and if Elon Musk will create his own cryptocurrency, then I am sure that the trading volumes of this cryptocurrency will be incredible and Elon Musk also I think will invest a lot of money in this cryptocurrency, but for now this is all just a thought out loud and perhaps Elon Musk does not need its own cryptocurrency.
He is free to do that but wondering who will invest in his project? I don't want to make any conclusion but I know the community is already aware of what he does to us, if we allow him to run his projects and support him, it is just like we are tolerating such manipulator to succeed.
Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.
The question is not "can he do that" it is about what would happen. I think are way too optimistic, this is the same guy who once joked about "there should be a marscoin" for the future when we are in mars and there was already one, that went up %9000+ in a single hour after he tweeted that, it was obvious he didn't talked about the already existing one but that coin went from 180 bucks per day volume to 250 thousand dollars volume in a single hour.Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.
So, if he ever creates a coin/token that means he is going to end up with a ton of money invested, like serious amount of money, we are talking about like maybe a billion near levels and that is what I think will change soon, that is what I am seeing in the future if Elon ever creates a coin. This is going to be fun to watch, I would never invest but I would love to watch it unfold.
The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.
What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
After making this cryptocurrency hype about Dogecoin, I realized that Elon musk has no knowledge of crypto. He is here for his opportunity to create some Dogecoin tweets. How many people are dying for some guns and grenades? Even though people are making for their own opportunity. Elon musk doesn't like Bitcoin, what kinds of coins he will launch maybe shit without his popularity. What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
Do you think an altcoin created by Elon musk will do well in the market?
I think the answer is yes, many followers will follow him, its will be like Tesla stock or Doge coin hype.
But i dont think its a good things, because the market sentiments is based on one man influence not because of any fundamentals behind it.
But i believe Elon is a smart person so he won't come up with another coin. Instead, he'll focus on Doge coin which he is really into right now. I see that Elon Musk is using his power right now but as they say people come and go, Elon Musk will definitely be a memory in the future and makes no impact anymore on the crypto market.
Then I will think that he has completely lost his mind. At least this makes little sense, because Tesla shares already exist, the coin would have an exclusively speculative nature.
At the same time, after all those things that Elon said in his tweets, he should be very careful in choosing a blockchain, haha.
At the same time, after all those things that Elon said in his tweets, he should be very careful in choosing a blockchain, haha.
If he makes a token on the BSC platform, it could be deadly combo, CZ and ElonMusk would make that token hype come true.
If they shill the project together, its not impossible we could see the price of that token x100 or even x500.
Then I will think that he has completely lost his mind. At least this makes little sense, because Tesla shares already exist, the coin would have an exclusively speculative nature.
At the same time, after all those things that Elon said in his tweets, he should be very careful in choosing a blockchain, haha.
At the same time, after all those things that Elon said in his tweets, he should be very careful in choosing a blockchain, haha.
Do you think an altcoin created by Elon musk will do well in the market?
I think the answer is yes, many followers will follow him, its will be like Tesla stock or Doge coin hype.
But i dont think its a good things, because the market sentiments is based on one man influence not because of any fundamentals behind it.
It will blast at first because the person behind it is elon musk.
So it will pump soon as it hits The market.
So all investor will invest in this coin for elon musk.
So it will pump soon as it hits The market.
So all investor will invest in this coin for elon musk.
He is free to do that but wondering who will invest in his project? I don't want to make any conclusion but I know the community is already aware of what he does to us, if we allow him to run his projects and support him, it is just like we are tolerating such manipulator to succeed.
Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.
Well, he definitely has a way of increasing the price of the coins he makes if he wants to make some coins, and I'm pretty sure people will be interested in that.Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.
well, for example, even when he wrote something about Doge, the price went up high, even when people didn't understand what he meant. many people realized it was being manipulated, but that didn't stop people from taking advantage of it. Well, I'm also quite curious if Elon Musk actually makes his own coin.
influence to start and launch his own coin to the market?
If Elon Musk releases his own coin, there will definitely be many who support him because his popularity will definitely increase the value of his own coin. and surely the maintenance will be very well maintained and the community will trust it more.
If elon musk create a token/coin. And if he announced that publicly, Then i think that will be a popular crypto. Some people’s are not happy with elon musk recent activities. But, I think that's not effect on that crypto. But, I think he never create a own crypto publicly.
so far we haven't seen it. but in the social media community, we can see several BSC token names that use the name Elon or Tesla.currently creating a private token is very easy. everyone can do it including Elon. but to develop and be accepted by the market is not easy.
If elon musk create a token/coin. And if he announced that publicly, Then i think that will be a popular crypto. Some people’s are not happy with elon musk recent activities. But, I think that's not effect on that crypto. But, I think he never create a own crypto publicly.
influence to start and launch his own coin to the market?
If Elon Musk releases his own coin, there will definitely be many who support him because his popularity will definitely increase the value of his own coin. and surely the maintenance will be very well maintained and the community will trust it more.
He is free to do that but wondering who will invest in his project? I don't want to make any conclusion but I know the community is already aware of what he does to us, if we allow him to run his projects and support him, it is just like we are tolerating such manipulator to succeed.
Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.
Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.
Doge is more like his own coin.
No. Doge has been in existence with 2013. And when did Elon first tweeted about Doge? In 2021? Till now, there is no formal linkage between Dogecoin developers and Elon (either directly, or indirectly through Tesla). And moreover, Dogecoin also has a PoW algorithm similar to Bitcoin. And Elon is a known opponent of the PoW algorithm. He want the cryptocurrencies to change to the less secure PoS algo. And unlike Ethereum, the Dogecoin developers are not even considering a shift to PoS. They are fine with the existing setup.
I want be surprised if he does so. He has positioned himself to be a crypto KOL and so this bestows on him a certain aura of reliability, whether it is warranted or not
If Elon launches his own crypto or gets involved with a cryptocurrency project, it doesn't necessarily mean that the project will do good or bad, the only thing that will worry me is that too many people will take his public opinions (tweets) as a signal to either buy or to sell the cryptos and that is not healthy for any business.
A good crypto project should have what it takes to withstand a FUD or shilling by its project members
A good crypto project should have what it takes to withstand a FUD or shilling by its project members
Its always been that way, way back if JD Rockefeller said it everyone was on board, then it was Warren Buffet with Stocks, the world guru was Richard Branson before The new adventures of Elon Musk. You are 100% right though it just shows how easily people are influenced by one person.
Yes but there was a slight difference for most of them in that they didn't try to pump an asset like DOGE. When Warren Buffet recommended stocks you could at least be sure it is not absolutely crap and worthless. I am not saying I share all of his opinions as he missed out on all the tech giants, but Musk is playing Monopoly here.
Actually the big difference is social media, its instant now where it use to be hours weeks and months going back to newspapers. When a visionary entrepreneur takes over the automobile Industry in ten years and gives the worlds space industry stiff competition all he has to do is mention something and the masses will do the pumping.
If social media had so much influence, it shows that we have to learn power will always have influence on currencies. How are we going to solve that problem? I don't know. Money is a magnet for abuse.
If Elon launches his own crypto or gets involved with a cryptocurrency project, it doesn't necessarily mean that the project will do good or bad, the only thing that will worry me is that too many people will take his public opinions (tweets) as a signal to either buy or to sell the cryptos and that is not healthy for any business.
A good crypto project should have what it takes to withstand a FUD or shilling by its project members
A good crypto project should have what it takes to withstand a FUD or shilling by its project members
Its always been that way, way back if JD Rockefeller said it everyone was on board, then it was Warren Buffet with Stocks, the world guru was Richard Branson before The new adventures of Elon Musk. You are 100% right though it just shows how easily people are influenced by one person.
Yes but there was a slight difference for most of them in that they didn't try to pump an asset like DOGE. When Warren Buffet recommended stocks you could at least be sure it is not absolutely crap and worthless. I am not saying I share all of his opinions as he missed out on all the tech giants, but Musk is playing Monopoly here.
Actually the big difference is social media, its instant now where it use to be hours weeks and months going back to newspapers. When a visionary entrepreneur takes over the automobile Industry in ten years and gives the worlds space industry stiff competition all he has to do is mention something and the masses will do the pumping.
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