What if Elon musk launches his own coin? - page 2.

mbakruroh

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Quote from: Rruchi man on May 14, 2021, 10:20:41 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?

It's very interesting, if one day Elon Musk will list his own coin.. if it will come true, it will surely rival bitcoin in the top market. Elon musk's prestige and financial power is spectacular.. I wish I was alive to see that moment.

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In recent times Elon Musk has been influencing the crypto market a lot. If Elon Musk brings his own currency to market, he will have the opportunity to make much more of an impact. I think Elon Musk could actually do both good and bad with his own currency in the market.

It is true that elon musk has a lot of influence in the crypto market, we have already seen how his tweets affect the market. Even now, if he comments on a particular coin, it affects the price of the crypto market. However, launching one's own coin in the market will be very difficult for big people like elon musk.

Because he will face different kinds of obstacles, which can put him in a lot of trouble. So I don't think elon musk would be interested in launching any of his own coins in the market.

Shagnasty

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Why would they buy something created by Elon Musk? What would this coin provide that other coins no longer provide? It is impossible that it guarantees valuations without price fluctuations and at the same usefulness to people worldwide. The fact that he is a DOGE advocate against the BTC, would create an inappropriate atmosphere with the BTC community that is not small. It really wouldn't make sense for him to create his own coin and he probably already thought about it, how would he handle his deals in real life afterwards? If he guarantees that the coin could be used in his deals, there might be a buyer, but even so, it's very risky.

nikola22

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Elon Musk may launch his own coin only for fun. I don't think that he wants to earn some money by launching own coin because he is already the richest man on the planet.

CDC AP

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Hehe, Elon coin's will be like Tesla token though. Great idea, He will probably create cryptocurrency to support tesla purchase. He won't require any marketing just one tweet can lead to sold window.

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Quote from: Rruchi man on May 14, 2021, 10:20:41 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?

With how closely-tied the crypto market is to Elon Musk, anything's possible. I can imagine his new coin soaring all the way to the moon due to hype. If he made Dogecoin go from being worth nothing to nearly half a dollar (USD), imagine what he can do with his little creation. I don't think the coin itself will have real use cases other than being a purely-speculative asset. It'll be another Dogecoin, if you ask me.

Believe me, crypto is all about utility. A coin without that will quickly fade into oblivion. Nowadays, people think about making money so they don't care if the coin they're investing into is useless. With this mindset, speculative coins like Dogecoin and Shiba Inu be at the top even if they provide no intrinsic value. I sometimes wish Elon Musk would just focus on building on top of crypto instead of hyping it, for the good of the industry. No one knows what he has in mind, but if he makes his own coin, it would probably serve as a means to manipulate the market. All that matters is that crypto remains decentralized and censorship-resistant. As long as it stays that way, we should have nothing to worry about. Just my opinion

Rufsilf

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Quote from: Adeosho15 on May 14, 2021, 12:24:33 PM

Coming up with his own coin will probably be a very smart move for Elon Musk, and with how he has been able to move the market with his words I and optimistic if he comes up with his own token it will flourish in the current market and make a lot of money for investors. personally I am looking forward to that move by Elon Musk

Elon's move isn't gonna be a smart move for everyone and literally if you follow him maybe you'll profit but not in the long run because he moves unpredictively. I mean we'll know how he manipulated dogecoins for his own good, then look at dogecoins now?

Personally, I'll just invest small amount in Elon's coin if ever he'll make any. I'll just wait for the hype because I know his type, and eventually gonna sold mine to provide more investment in my portfolio.

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Everything may be consider as the hype firstly after pumping out the doge com he had created his own token but by Truly saying i don't like the meme coin a high amount of Supply he created baby doge coin that had shown good return in starting but with time it had not give good return so may be it is not that profitable

errorcode99

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Quote from: Rruchi man on May 14, 2021, 10:20:41 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 started a coin today, I'm sure it would garner a lot of attention and momentum. Elon musk is considered a successful billionaire and as such, the Elon coin will have some added substance and value to it! The sustainability of the value placed on the coin is what one would doubt but near-instant success is almost guaranteed if Elon launches his own altcoin!

superman184

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Quote from: Rruchi man on May 14, 2021, 10:20:41 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 crypto or gets involved with other cryptocurrency projects it doesn't mean that the project will go well or badly, the only thing that would worry me is too many people will take his public opinion (tweet) as a signal to buy or sell. selling crypto and it's not healthy for any business. A good crypto project should have what it takes to hold FUD or shillings by its project members. Hence the launch of the Altcoin created by Elon Musk is likely to be successful in the market.

abralzain17

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I think Elon Musk has a good chance to create his own coin, besides having a lot of followers, Elon Musk also has a big influence on the movement of a Coin.

Rocky993

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Elon Musk has so much power that any project can take a coin to the top in a matter of seconds. As we have seen for ourselves how DOGE Coins have reached the pinnacle of success. So DOGE Coin has taken any project like that to him

Rigon

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Elon Musk is a popular cryptocurrency investor and businessman. There is a reputation and fame all over the world. If he discovers a coin in his name or in the name of his organization, it must be How many will be sold in large quantities in the market. Because he is a popular cryptocurrency investor. We all know and know him. So if his coin comes to the market, it will definitely go to a good position.

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Quote from: kenelmark on October 25, 2021, 12:19:14 AM

Quote from: Rimueng on September 20, 2021, 12:23:11 PM

as we all know, Elon Musk is no stranger to many people who are in this forum, especially since the rising price of digital currency (Dogecoin), Elon musk is being discussed more and more.
In my opinion, if Elon Musk can launch its own coin into the market it will be a welcome development for the digital currency lover community.

And the remarks also happen in a very short time like the pump that has happened to Dogecoin where it never lasts long in the crypto space, so does the coin created by Elon Musk, in general the welcome will be very large, but it won't last long time to him.

I would love to play that game, I still believe that Elon Musk still has the power to influence the market, so if he launches his own coin and he goes into the public sale, then I would never hesitate to buy the price into discount as I'm sure it will be sold out in seconds or minutes.

The strategy here is very simple, buy cheap and sell early as when the FOMO is building up, it will just suddenly dump as the whales will find the right timing to exit.

kenelmark

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Quote from: Rimueng on September 20, 2021, 12:23:11 PM

as we all know, Elon Musk is no stranger to many people who are in this forum, especially since the rising price of digital currency (Dogecoin), Elon musk is being discussed more and more.
In my opinion, if Elon Musk can launch its own coin into the market it will be a welcome development for the digital currency lover community.

And the remarks also happen in a very short time like the pump that has happened to Dogecoin where it never lasts long in the crypto space, so does the coin created by Elon Musk, in general the welcome will be very large, but it won't last long time to him.

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Quote from: Rimueng on September 20, 2021, 12:23:11 PM

Quote from: Rruchi man on May 14, 2021, 10:20:41 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?

as we all know, Elon Musk is no stranger to many people who are in this forum, especially since the rising price of digital currency (Dogecoin), Elon musk is being discussed more and more.
In my opinion, if Elon Musk can launch its own coin into the market it will be a welcome development for the digital currency lover community.

But it's nonsensical, because cryptocurrencies may have an impact on their equities, which is why Elon Musk only supported a meme coin that is supposedly merely a meme. He does not endorse any other cryptocurrency since he knows how it will effect and bias him as one of the world's wealthiest people. So I believe that is why he chose dogecoin as the token to support, and yes, he already understood that he is very important and can make a lot of money on the crypto market, but he still values stocks and his assets to keep his position as the richest.

Rimueng

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Quote from: Rruchi man on May 14, 2021, 10:20:41 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?

as we all know, Elon Musk is no stranger to many people who are in this forum, especially since the rising price of digital currency (Dogecoin), Elon musk is being discussed more and more.
In my opinion, if Elon Musk can launch its own coin into the market it will be a welcome development for the digital currency lover community.

kenelmark

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Quote from: Handsome Boy on August 27, 2021, 03:57:52 PM

I think it will immediately hype and many people will invest in the coin, because many people believe if the price of the coin will definitely increase very high and of course Elon Musk will definitely make the coin is useful and have a function (maybe used for Tesla payment), therefore I will definitely invest in the coin too if indeed Elon Musk made his own coin, because I believe I can get a big profit from investing in the coin.

And now how is the condition of the coin from Elon Musk? and have you gotten a huge profit on your investment in Elon Musk coins? because until now Elon Musk coin is not viral and famous enough in crypto space, not even many people talk about it at this point.

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Quote from: Handsome Boy on August 27, 2021, 03:57:52 PM

I think it will immediately hype and many people will invest in the coin, because many people believe if the price of the coin will definitely increase very high and of course Elon Musk will definitely make the coin is useful and have a function (maybe used for Tesla payment), therefore I will definitely invest in the coin too if indeed Elon Musk made his own coin, because I believe I can get a big profit from investing in the coin.

As expected, Elon Musk though he looks done with his shill but might come back again with some big news, creating a new coin would be another big responsibility for him, but if he wants to make more money, he can easily do that as making billions of dollars is easy for him since there are a lot of investors who will again just blindly follow the hype.

Handsome Boy

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I think it will immediately hype and many people will invest in the coin, because many people believe if the price of the coin will definitely increase very high and of course Elon Musk will definitely make the coin is useful and have a function (maybe used for Tesla payment), therefore I will definitely invest in the coin too if indeed Elon Musk made his own coin, because I believe I can get a big profit from investing in the coin.

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