Topic: What if Elon musk launches his own coin? - page 6. (Read 2870 times)
I believe that someday Elon will definitely launch his own coin, because considering that Elon likes to do hype to shake up the crypto market, maybe it will become a meme coin because at this time Elon prefers to play with it, for some people will definitely be captivated by it without thinking about the risk From the coins, there will be many people who are lucky and also many people who will experience losses.
That's a good topic, probably it will be good for three reason. First is that he have a lot of money which means there's no problem funding his project, second thing is that he has a lot of connections to people and third one is that community loves him and his influence to this people is very high.
If finally Elon Musk introduce his own, this will be great cause I will conveniently buy the coin, keep it then wait for it to appreciate well before selling it. The aim is to make profits not to justify the ideas of a great man. He has the money, influence maybe everything to move the market in his own way, capable of giving good profits to investors.
Wether he decided to have his own coin or not, even with his influence lately. That will only make little different, cause there are already thousands of coins and the only difference he could make is how they are going to make crypto space more influencing. His recent tweet has done more damage to BTC, either good or bad. There will always be pump and dump in the marker. BTC started with almost $0 but see where it is presently, a major pump has pushed it to where it is today. From $0.01 to $32,000 so we should still expect more of the dumps because if it doesn't happen, it will just be on a spot. A lot of people were able to get back into the market because of the dumps. All thanks to Elon Musk.
Wow there will be a dump and pump everytime, wkwkw, I really waiting for that, and once more that once elon make his own token he really becomes the king of crypto, and most of people interested on it, this is interested topic sir
But now Musk's influence in the market is not as good as before. Before he switched back and forth between agreeing to and opposing Bitcoin, now he supports Bitcoin, and people shouldn't be surprised by this. Now his fans trust Musk. Everyone knows that he wants to control the market. Will not follow Musk to invest blindly. So he may have launched his coin, but there is no publicity, or when he launched his coin, people will not buy it.
He will be the king, really king of cryptocyrrency, why not, he just join or use doge/btc, they are rising up significantly, imagine that he will have his own coin, I'm pretty sure that no one can beat that, once it happens, all over people in the world will be interested on it
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What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
I think he will launch his own shittoken possibly in the future. What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
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Do you think an altcoin created by Elon musk will do well in the market?
No way. That will be a pump dump token that Elon Musk will use for manipulation. 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?
Absolutely yes!
Elon Musk is more an influencer in the Crypto world. We all can see how he influences Bitcoin, Doge, ShibaInu to mention few in the market, either negatively or positively.
If he launches today, I personally will buy ASAP even before reading through what his project insight is all about. And aftermath of my reading, I may decide to get out or hodl still but I'm certain I would have made a little profit by the time of my getting out in a shorter period because the name Elon Musk only would have persuaded people to buy.
Well he already manipulating the market, he can up and down doge and also bitcoin by his tweets. About Elon Musk launches his own coin, I guess it will definitely skyrocket because of course it's Elon Musk, one tweet of his coin it will boom.
If he sees that there's much interest in it, he might make it but I don't think that he'll do that. He's more approachable with Doge and sometimes about bitcoin and again he's changed his POV about bitcoin.He will manipulate his own coin for sure.
Let us say that it's already there, this is for sure that he's going to manipulate. He can even manipulate bitcoin and dogecoin so his own invention, he can do that easy. It is a huge possibility. But I can guarantee you the SEC would come for him in a big way and scrutinize his every step. Then all his earlier 'manipulation' accusations would be thoroughly examined. I doubt if he would scale unscathed
Actually, there is no need to worry because as long as the evidence is very complete and the allegations are not true, then the opportunity to bounce back is always there for any serious project. 
Well he already manipulating the market, he can up and down doge and also bitcoin by his tweets. About Elon Musk launches his own coin, I guess it will definitely skyrocket because of course it's Elon Musk, one tweet of his coin it will boom. He will manipulate his own coin for sure.
I think it will make it difficult for Elon Musk to make the price go up and of course it will make Elon Musk have a lot of enemies because for sure Elon Musk will manipulate the price which makes him the one who gets a profit, I prefer not to participate in the coins owned by Elon Musk.
I assume differently, when Ulon Musk creates his own token and the price fluctuations are partly influenced by his tweet, of course, the movement of the coin just follows the tweet. if he says the coin will go down, we just sell it and vice versa. unless the success is not influenced by the new tweet we follow the parent. 
I think it will make it difficult for Elon Musk to make the price go up and of course it will make Elon Musk have a lot of enemies because for sure Elon Musk will manipulate the price which makes him the one who gets a profit, I prefer not to participate in the coins owned by Elon Musk.
It is a huge possibility. But I can guarantee you the SEC would come for him in a big way and scrutinize his every step. Then all his earlier 'manipulation' accusations would be thoroughly examined. I doubt if he would scale unscathed
Someday Elon Musk will come up with his own coin. Launch of cryptocurrency by him will truly make a big change in the market. This can be meme coin, but people will fall for it without thinking of its backing and other phenomenal growth. By the launch few will get lucky to make big money whereas the unlucky could loss big in very short time period.
But there is Dogeleon Mars. Is that not Elon musk coin ?
I've never seen or heard of the coin you're talking about, and if I may ask where did you hear about the coin and try to tell me here how it can be called an Elon Musk coin
I don't think that Elon will take the big risk of creating his own cryptocurrency. He is already quite occupied with various tasks from Tesla and SpaceX.
He doesn't need to focus on the development if ever he will create their own cryptocurrency. Since he planned on creating it, he will provide better time management for it. Big businessmen don't work alone. He has lots of good and knowledgeable people around him to run and manage if ever their crypto project.
But in reality, I doubt he will create one. The reason is, he doesn't need to as he can shake the market whenever he can. And knowing what Elon did in crypto, I doubt most people will ride the hype of his own coin.
I don't think that Elon will take the big risk of creating his own cryptocurrency. He is already quite occupied with various tasks from Tesla and SpaceX. He can endorse a new project, but I don't think that it will be possible for him to be part of a new cryptocurrency project. The risk is too high and the potential returns are not that great. And the chances of failure are high as well. Because if his coin fails to perform in the market, then it will tarnish his reputation. Also, since Elon is such an egoistic individual, he will not take such a defeat lightly.
If that happens, Elon Musk as the founder of the project will of course be accompanied by a great and experienced team in the field of crypto that will create a very hype project in the market.
Of course I will invest in these altcoins considering this man is an extraordinary person and of course he can be successful in the crypto world not only because he has a lot of money but he is very good at reading market situations.
Of course I will invest in these altcoins considering this man is an extraordinary person and of course he can be successful in the crypto world not only because he has a lot of money but he is very good at reading market situations.
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