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Topic: Why is Elon Must not tweeting about any crypto coin on his twitter now ? (Read 466 times)

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
He is running 5 companies that worth billions of dollars, that could be a reason? Twitter, solar company, tesla, spacex, and co-founder of openAI (very few people care about that one) so he is quite busy already. Plus, not that I think he does anything about it, but he has like a dozen kids as well, so that feels like there is a possibility of him spending some time with his kids too at times.

When you think about it, of course sending a tweet means nothing to him, he can do that, he has the time, he does tweet all the time, but he probably doesn't have the time to check the market as religiously as we do, not like he constantly check crypto prices and what's going on, if he wanted to maybe he could but why would he want to.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

It's not easy for a person like him to shill a coin causally. He's already into trouble with SEC for his tweets in the past. I know he must me accumulating a lot of coins and when times come right, he might let it be known to the public one way or other and dump it when he gets a good price. There's a good accumulation in dogecoin in anticipation of being accepted as payment for Tesla's EVs. Similarly he could add another coin he might have accumulated as a payment method for X, that would take the price to the moon.
He'd not want a direct confrontation with SEC for plain shilling
 
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

My interesting speculation is that his wallet is not yet full to be able to spread positive messages, as what has happened is that these people say they will buy it the next time, and we only know everything when most of it has happened. The story of Elon Musk in this space is just one case in which we see it being popular, and in any bull cycle we will also see many other influential figures expressing their views bully to create different responses. Anyway, I feel that he will again choose things like memecoin to create a stage for the show. Maybe AI is also the field that he will mention because of things related to operations. Recently, it's been shown that Elon really has visions that we can only feel behind.
hero member
Activity: 2926
Merit: 567
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

All I know he only shill Dogecoin but he claims to own Bitcoin and Ethereum, Elon Musk has proven how powerful his recomendation so he stopped shiling other coins to avoid disruption in the market after what happen to Dogecoin after he shills it.
There is no court order that prohibit him for supporting other altcoins, its just his own decision not to, he has other business to attend to, and he doesn't want to be a center of controversy anymore.
But we never know in the future if he will shill another coin because he is still involved in Cryptocurrency.
sr. member
Activity: 1400
Merit: 420
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?
Everyone has a list of favorites and favorite coins just like Elon Musk likes some Meme coins and tweets about them even though no one does anything but benefit Elon Mask has profited Hughes amount of money from Doge, Shib. Maybe he is not thinking about any new coin right now which is why he is not tweeting about anything new right now. And we can't say whether he will do something like that in the coming days because it is completely his personal matter
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?
First of all, expecting him to tweet so you could make money is the lowest form of trying to make money. Your idea to make some money and get rich is to hope that richest man on the world would tweet about the thing you are holding, so that you could get richer?

I do not believe that people should drop to this low analysis and hopes level. Go find something decent to invest into and you could make some money that way, it wouldn't be that hard neither because even a simple investment like bitcoin could get you richer. Secondly, if you look at it from Elons perspective, I could say that he doesn't have to do anything, if he wants to tweet then he would, if he doesn't want to (and evidently he doesn't) then he doesn't need to.
You will be surprised by how low people are willing to go to make money, I remember that when Elon was at its peak and tweeting about this market nonstop, there were even some people that developed their own bots to follow Elon and invest in any coin that was mentioned by him.

I know this sounds ridiculous but it happened, and what is even more ridiculous is that I am sure those people made money with such bot, as there were many people doing the same manually, so the bot could always be faster than its human counterparts, buy any coin earlier than everyone else and capture the pump before it happened.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?
First of all, expecting him to tweet so you could make money is the lowest form of trying to make money. Your idea to make some money and get rich is to hope that richest man on the world would tweet about the thing you are holding, so that you could get richer?

I do not believe that people should drop to this low analysis and hopes level. Go find something decent to invest into and you could make some money that way, it wouldn't be that hard neither because even a simple investment like bitcoin could get you richer. Secondly, if you look at it from Elons perspective, I could say that he doesn't have to do anything, if he wants to tweet then he would, if he doesn't want to (and evidently he doesn't) then he doesn't need to.
legendary
Activity: 1927
Merit: 1004
He's probably rinsed enough money out of the plebs. Thats my guess
sr. member
Activity: 2618
Merit: 439
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?
It's better for him to stay quiet, and by this we can avoid any price manipulation, a hype and a fud.
But will Elon can stop doing such?  when he is also gaining from what he is doing and also he seems to be part of the manipulating team lol.
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We know Elon is chilling meme tokens before that creates unusual volatility in the market, maybe this is for the benefit of everybody not to get hyped by just a simple tweet.
actually he is the one that more benefits from this , because he is betting about which coins he is calling.
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Maybe Elon realized the effect of his simple tweet because many suffers through that action.
or he is just waiting for another one to pump.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
He has a life beyond just crypto. And now, he has many troubles in his company, so he must focus on it to ensure every investor feels satisfied. Additionally, he must save time to read manga, watch anime Smiley
right now his tweet seem to be a lot more controlled if compared back then when every day we see some random clues or hints that people take as an investment advice now it seem he has tuned down that behaviour a little bit probably due to various factors.


Well we can’t blame him. I know he’s more of a businessman rather than a celebrity but I bet his team still wants him to establish some sense of image for himself which can only be achieved if he heavily controlled the things that would go out of his social media accounts.

He’s probably having some media training now. Or maybe he’s just really busy. I don’t think we should take this as some sort of bad thing and start losing trust on any of the memecoins he has previously promoted.
member
Activity: 224
Merit: 15
For Rent
In fact this silence from Elon Mask regarding crypto is strange usually it indirectly promoted doge or some other minor meme coin
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
He has a life beyond just crypto. And now, he has many troubles in his company, so he must focus on it to ensure every investor feels satisfied. Additionally, he must save time to read manga, watch anime Smiley
agreed with this he's got his hand full already and he probably shilling random meme just for fun, its just that many meme communities are so fixated into elon that he thinks he's shilling for real but honestly the fact that his twitter stock tanks, and many of his companies having problem, he's probably won't be as active as back then previous bullrun when he keep shilling and giving hints about meme coin.
right now his tweet seem to be a lot more controlled if compared back then when every day we see some random clues or hints that people take as an investment advice now it seem he has tuned down that behaviour a little bit probably due to various factors.
though right now most meme coin without his shill already reaching hundred millions market cap anyway its not like meme coin can't grow without his shill most of the meme coin already standing on its own these days unlike the days of doge and shiba.
sr. member
Activity: 1680
Merit: 379
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With Elon-pumped shitcoins like CumRocket being down 95% from their all-time high, i would assume that it’s probably not a very comfortable subject for him to discuss. Elon is not a great source of financial advice when it comes to investing in cryptocurrencies. Anybody who is smart will just stay with Bitcoin and ignore what Musk says. Maybe when he launches his much hyped payment app, he’ll talk about it again. Hopefully, it will be free of shitcoins but he’s too much of a reckless troll that I at least expect Dogecoin to be integrated.
full member
Activity: 868
Merit: 202
i don't know the exact reason why he stopped doing that, but there is definitely a reason why at one time he marketed crypto and at another time he stopped doing that. it is very likely that he prevents a bubble from occurring in the coins he supports, because he is one of the richest people in the world, and his opinion on one type of crypto can have a significant impact. and he prevented that from happening.

but whatever he thinks, i don't really care, because my decision to invest in one type of token is based on potential, not because someone like elon musk says about it. because it would be too careless if we relied on what elon said and made that our investment decision.
member
Activity: 560
Merit: 17
Eloncoin.org - Mars, here we come!
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?

     Maybe he knows that there are as many waiting communities here in the crypto space; then, from my point of view, it seems like it's too early for him to do it. Because we haven't actually skyrocketed bitcoin in the bull run yet.

     The bitcoin halving hasn't even happened yet, and Elon Musk wants it to happen immediately. It's just what I see there when Elon sees that no one is relying on his post on Twitter that he will do about whatever crypto he posts; he will do it at a time when most people don't expect it.
sr. member
Activity: 490
Merit: 279
It’s not like he was so focused on altcoins on his account in the first place.

Yes he did mention doge for a few times but he’s not actively participating on speculations and such things on his social media. Elon Musk is a huge identity and people almost worship his words. The fact that he accepted dogecoin as a payment to his brand Tesla already says a lot so he does not need to be promoting more in his social media accounts.

He did promote Dogecoins in 2021 and it did impact the price of Doge and new shitcoins came into existence. After his recent tweet about accepting Doge for Tesla, I have not seen any big rally in Doge price. It seems that crypto investors are no longer interested in his speculative tweets. Although there are a lot who still follow him blindly and would quickly start pumping a coin because of his tweet, the number of such blinded followers is coming down. I think this happened after he purchased Twitter and then renamed it X.com and updated policies that only make it more vulnerable to scams.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Earlier, he was making lot of posts related to different altcoins. I do not advocate this action but it many times gave some boost to that coin. What is the reason that he has stopped doing that ? Has he been told not support any coin by some court order ? Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?
Unless we are told directly by him what is happening, we will not know for sure, however I believe it is entirely possible his lawyers told him to stop playing such a silly game as there could be legal consequences if he did not stop.

If this is true, then it makes sense that he has stopped promoting altcoins on his twitter account, as I am sure that governments all around the world are preparing themselves, and they are keeping an eye on the social media accounts of a lot of people so they can later use those posts as evidence against them.
sr. member
Activity: 499
Merit: 250
Chainjoes.com
He has a life beyond just crypto. And now, he has many troubles in his company, so he must focus on it to ensure every investor feels satisfied. Additionally, he must save time to read manga, watch anime Smiley
member
Activity: 462
Merit: 13
★Bitvest.io★ Play Plinko or Invest!
It would usually be up to Elon Musk's own discretion to tweet about crypto. Elon Musk Too many busy people don't have time to tweet about crypto to focus on other things. In fact, it is very difficult to understand the attitude of rich people. It does not take time to turn everything on and off as you wish. Maybe Elon Musk has taken such steps to see people's interest.
jr. member
Activity: 1330
Merit: 7
I think he is probably busy in other things, and more so he is entitled to his own opinion as an individual. He is obviously a crypto enthusiast, so if at any point in time he deems it necessary to tweet, he will do so. I think he will comment/react if he is prompted to do so. However, as a strong influencer in the crypto space, I think he will probably exercise caution in making tweets regarding coins/tokens because of the hype it will generate.
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