What if Elon musk launches his own coin? - page 16.

AndySt

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Quote from: target on May 14, 2021, 06:54:10 PM

He made doge successful even if it's not his coin. Creating a coin is easy today and if Elon would do he could bring its price to the top too. I doesn't sound very amusing to see him troll around other coins and then create a coin of his own. His team will have a hard time figuring which kind of project and problem to solve for the use case of the coin.

Nothing surprising, just light trolling is Elon Musk's style of communication with the outside world Wink

Just after all these stories with dogcoin and bitcoin, creating your own coin was a logical step to continue. By the way, the refusal to accept bitcoins as payment for Tesla cars really fits perfectly into this paradigm, only it is strange that it was done quite suddenly without any preparatory actions, but who knows, maybe preparatory actions have already been taken. Therefore, I would not be surprised if in the near future it will be announced about some coin with environmental mining from Elon Musk.

Princejebs

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You know the surprising move? Many will buy including this that were bashing him for the last 2 days move against bitcoin and used of Fossil Fuels for mining.
That coin will get heavily pump and if Binance see that, in very certain they will list it, that was how they listed Shiba because they wanted the universe fee from traders and to avoid sentiments, they claim users wanted Shiba that's the reason they listed the token.

target

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He made doge successful even if it's not his coin. Creating a coin is easy today and if Elon would do he could bring its price to the top too. I doesn't sound very amusing to see him troll around other coins and then create a coin of his own. His team will have a hard time figuring which kind of project and problem to solve for the use case of the coin.

Hypnosis00

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Quote from: Rruchi man on May 14, 2021, 11:20:41 AM

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?

He can do that if he wants, maybe Teslacoin or EMCoin...but the question if the community will buy that idea since the people now are quite doubtful of what he does this time. Because what I can say about EM is that he is just making fun of crypto, I'd never see his sincerity in adopting crypto in fact he announces that Tesla never accepts Bitcoin nor he says that it will accept other cryptos. Maybe we are right speculating that he will create his own coin in the future exclusively for Tesla only.

samcrypto

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Even if he’s famous, it doesn’t guarantee anything just like what happened to Facebook, they are planning to create their own crypto and until now its pending. Elon is a rich guy but he’s hyping the market so bad and I think ruining his own reputation because of false statements. If he’s going to create a more useful crypto compare to a meme project, then its good for the market but it looks like he has no plan to do this at all.

harapan

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Elon is already a successful business man,and by shilling dogecoin he has become more popular and known not just as the owner of two big companies, he's always called dogecoinfather, but if he decides to launch a coin, buying that coin will be a like a gamble, because it will be another pump and dump like dogecoin, every good or negative about Elon Musk or his two companies, the price of that coin will be affected, I won't buy such coin its too risky.

Johnyz

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Quote from: Rruchi man on May 14, 2021, 11:20:41 AM

Do you think an altcoin created by Elon musk will do well in the market?

Considering his influence in the market there's a high chance that it will do well in the market but of course he must offer real produce here and not just another hype token because we are surrounded by many shitcoins already. Anyway, many are getting mad now to Elon Musk for creating FUD in the market since many loses money because of that, personally I don't follow his tweet that much.

Fredomago

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Quote from: Dadan on May 14, 2021, 05:36:17 PM

Quote from: imstillthebest on May 14, 2021, 04:01:50 PM

Trending for bad reason only and not for good because he lied to us before and he is showing out his true color lately that he is only here to manipulate the coins that he like .
If he wants to create his own coin he could have do that before and he can effortlessly promote it because he is a well known guy and he have a money but it's too late now if he do that because it will be less demanding after what he did with btc and doge coin .

I don't think manipulating the coins are the correct term, but he still has a significant impact on cryptocurrency as he is one of the billionaires in the world, and guess what if he tried to start his coins/ico. I don't think it will be less demanding just like you said as he is a well-known guy and has money. For sure, a lot of big traders/investors will surely invest in his coins.

That he's advantage to anyone, having an established name inside business world he gained support becuase of his success, his billions of dollars asset will drive investors to follow him in case he decide to create his own crypto.

Though there's no assurance to what fate will bring in case he decided to introduce his version of crypto as we see what he's doing with Doge.

Investors and traders who are following him will always be there to play with him, knowing that there's always something
to rinse whenever this guy make his move.

Fivestar4everMVP

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Well, considering who Elon is and the influence he has, he's coin will definitely do well, I mean arent we talking about the world's richest man here,? But personally, I doubt if he will ever want to create he's own coins because the fact remains that he already have a very successful business outside crypto, so I see no reason creating his own coins except he wants to face criticisms from several people including influential ones, if he's so interested in crypto for he's business, he can easily adopt any crypto coin of he's choice and implement it into he's already successful business rather than rushing to create his own coin.

Jackl87

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Quote from: Rruchi man on May 14, 2021, 11:20:41 AM

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?

I am pretty sure if Elon musk himself would announce a crypto project that it would be a great success. I mean just look at all those meme-coins that are dominating the market in the last few weeks all of them are basically copies of dogecoin and dogecoin itself only raised in price and importance because of the tweets of elon musk. That being said, i don't really like that musk is kinda playing with the crypto market. First the tweets about dogecoin, then tesla accepts bitcoin, then in the last week he says on SNL that dogecoin is just a hustle which let the price dump and two days ago tesla announced that it will not accept bitcoin as payment anymore. It would be better if he just remains silent in my opinion.

Dadan

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Quote from: imstillthebest on May 14, 2021, 04:01:50 PM

Trending for bad reason only and not for good because he lied to us before and he is showing out his true color lately that he is only here to manipulate the coins that he like .
If he wants to create his own coin he could have do that before and he can effortlessly promote it because he is a well known guy and he have a money but it's too late now if he do that because it will be less demanding after what he did with btc and doge coin .

I don't think manipulating the coins are the correct term, but he still has a significant impact on cryptocurrency as he is one of the billionaires in the world, and guess what if he tried to start his coins/ico. I don't think it will be less demanding just like you said as he is a well-known guy and has money. For sure, a lot of big traders/investors will surely invest in his coins.

pilosopotasyo

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Quote from: Rruchi man on May 14, 2021, 11:20:41 AM

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?

There's a possibility that he will do that because he now has a big influence on the market, and he has companies where he can integrate his coin, but like Facebook, he could run a problem with the regulators, maybe that his plans all along and he just uses Doge to test his influence in the market, now that he proves that he can, this could be a way to create and introduce his coin.

Ryker1

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Quote from: Rruchi man on May 14, 2021, 11:20:41 AM

^[snip]
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?

Well, this is one of the angles that I have sighted why Elon Musk decided to tweet about Tesla withdrawing their decision to accept bitcoin as payment method. I think if Elon Musk is planning to establish a coin where the energy consumption is less and if he does that, I think he perhaps is able to win the community. But I don’t think Elon Musk would exert effort to do one of his own coin. Mark Zuckerberg already tried to build one if you guys still remember Libra, but the government forces him to stop the project as it would crash the U.S economy. But we will never know as maybe they are not able to find a way to make it legal.

imstillthebest

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Trending for bad reason only and not for good because he lied to us before and he is showing out his true color lately that he is only here to manipulate the coins that he like .
If he wants to create his own coin he could have do that before and he can effortlessly promote it because he is a well known guy and he have a money but it's too late now if he do that because it will be less demanding after what he did with btc and doge coin .

Dadan

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Quote from: ILuckyGuyI on May 14, 2021, 03:23:28 PM

Who knows, everything can happen when it comes to Elon Musk. Grin

His recent actions were quite weird and he caused eyebrows to raise. He may be preparing for a cryptocurrency move in the future. We know that he is quite interested in this field.

His words are like magic for cryptocurrency traders. In just one tweet, he can pump the coins hardly. I won't surprise if he launches his coins as he looks pretty interested in the cryptocurrency world. For sure, if he launches his own coins, I'll invest all the money that I've saved right now. That's how I'm sure it will be skyrocketed when his coins launch.

mindrust

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Quote from: Rruchi man on May 14, 2021, 11:20:41 AM

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?

I would buy his IPO/ICO or whatever the fuck he is selling with both hands because this space is crazy. Even if he is selling his own shit's NFT, people will pay hundreds of thousands of dollars for it. That's how it works now.

ILuckyGuyI

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Who knows, everything can happen when it comes to Elon Musk. Grin

His recent actions were quite weird and he caused eyebrows to raise. He may be preparing for a cryptocurrency move in the future. We know that he is quite interested in this field.

Argoo

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Quote from: Rruchi man on May 14, 2021, 11:20:41 AM

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?

Ilona Mask has good opportunities for creating cryptocurrency. Create simply a coin so that it performs the usual feature of the payment tool, it is not worth it. This will be another ordinary coin that will differ from many similar only to what will use the name of Ilona Mask. Since he is developing space and has an intention in the near future to colonize the planet Mars, he can think about how to create money for Mars to create money for Mars or creating cryptocurrency for specific global neighboring projects. This actually should be a commercial project and means there must be huge. Investors could be the co-owners of this project on the principle of securities. This is if Ilon Mask needs to finance certain global projects. Such cryptocurrencies could well have a perspective.

Anonylz

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Without a doubt Elon Musk has a huge amount of followers interested in what he has to say, some of them are influenced by his actions and words (directly or indirectly) and being a business and the second most richest man on earth, Elon is already aware of the power he has over many people, such power can be easily manipulated (the case of dogecoin as example) hence it is possible such thought already cross the mine of the man, and if ever such happens, there will be many people that will support the project, and since Elon understand business pretty well, am sure such alts will do it.

serjent05

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Quote from: Rruchi man on May 14, 2021, 11:20:41 AM

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?

If Elon Musk launches his own coin then I think he will have a hard time naming his project without any duplicate because almost all the name related to him and his company had been used by both legit and scam projects. Aside from that, I think he will use his money and influence to make his coin in top.

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