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

legendary
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
member
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I think Elon musk is in the best position to answer this questions and if possible it should be included in a pod cast question for him when next he's invited to a pod cast.

My guess will be that it's causing him a lot of attention, that is not necessarily for his reputation. From my perspective, a lot of people could even buy this coins hoping in his name that the coin will do well and at the end the pump and dump coins do what they are known for hence this beginners or the masses can accuse him for been responsible for their lost which is absolutely not fair. So this could also be a reason.
legendary
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He is a very busy guy, I think a lot of the reason he was tweeting about crypto was because he found it fun, he enjoyed the attention it brought him from crypto communities. I know TESLA owns Bitcoin but apart from that I don’t know how much genuine interest he actually has in crypto. I think the whole DOGE tweeting was just for the lols. Elon has a lot of very important business obligations so maybe crypto is on the back burner for a bit.
full member
Activity: 350
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While we're not certain of the cause of his action on this, I'm suspecting it to be that he has a political ambition which he doesn't want to be biased as other top investors do have influential roles that would either hinder his carrier or contributes to his favour so he'd have to just keep off from promoting the Coins as there may be sensitivities of monopoly insightments in the coins markets.

It could also be that he was sanctioned by the government or he himself is not being comfortable with the facts that there has been too much Shits and Meme Coins invoke which him Elon Musk has been an social influential attracting his multitude audiences to falling victims of dumping coins. So, the techniques or reasons for his back off from twitting about those coins was for him to keep a good reputation by not being in support of one of those fraudulent deceptives coins.
copper member
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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 ?

we will never know the motives for everything he did. but if you follow him and follow the tweets he makes, then he is actually playing psychology with his followers. we know he has become one of the most influential people in the world with his current strength. and so many people follow it and of course one signal can move the market.
but behind the reason he is currently silent, we will never know. maybe he was thinking about something new. I am not sure there will be a court decision or warning from the authorities to suppress someone's freedom of speech.
full member
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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.
copper member
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I don't think there is any need to discuss about Elon and his tweets about crypto. He is a busy man and has a lot to handle in his day to day life. Those who blindly follow his tweets on crypto are the ones who make that cryptocurrency pump and later on dump it. I think people should start ignoring his tweets if they don't want themselves in debt.

You are absolutely right that we should never follow advice of any celebrity regarding investment in any cryptocurrency, and avoid getting caught in in scams to avoid losses. Investment should be committed after through research and due diligence, as money matters most to run our daily life.

Elon Musk is extremely busy person, packed with immense responsibilities, and I believe his new project Star-link holds promising potential to spread democracy across the globe. Additionally, cryptocurrencies represent stride towards financial liberation.
hero member
Activity: 616
Merit: 749
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 ?

Elon musk is a different kind of individual, he always does things I don't expect someone in his position to do and he doesn't care about it or what others are saying but I think either a court has asked him to stop supporting altcoins or he's taking a break and waiting for the bull market to start hyping dogecoin again. I saw a post that he was getting sued for promoting memecoin and made alot of investors to lose money but I didn't know what happened next about the law suit.

I don't blame any individual when I'm investing and made loss as he isn't asking any individual to buy that coin that he's talking about but only doing that as he love the coins. We should not be investing too much into hype projects as they can dump on us at anytime. We shouldn't also be depending on an individual to talk about a coin before we're going to invest into the project as that can end wrongly.
sr. member
Activity: 2422
Merit: 357
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.
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. Maybe Elon realized the effect of his simple tweet because many suffers through that action.
legendary
Activity: 3108
Merit: 1029
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 ?
Shilling his bags? I see no other sense reason than this. It's caused by elon musk has been doing the same like doge coin. WTF any tweet from this guy was bringing the big hype to the shit scam token. I have no problem if he was tweeting about a good token with reliable product.
All of elon's tweet was about nonsensical thing like meme token which is not having utility or product. Probably father of PnD token since the government was totally aware about that and i remember some parties were suing him caused by he had been involved in the pnd of doge coin.

Look at this article https://www.teslarati.com/elon-musk-asks-judge-dismiss-258-billion-dogecoin-lawsuit/


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 ?
He is still in the legal battle against the parties who sued him regarding his support to the doge coin. Creating a bunch of meme tweets totally non sensical thing for him now.
Sometimes, he did it once.
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 ?
Court order just by giving His prediction or something similar? is this some kind of a crime so the court needs to give Elon an order?

Elon can do whatever he wanted as long as  this does not violate the terms of X and also as long as he is not promoting a complete scam project then that would be totally fine .
jr. member
Activity: 252
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Joe Rogan is all in his Head, and they think none of this Works because the Van Kush Family doesn't make Millions of Dollars a Year yet. But they just don't know that this is all about to Explode, and that the People on the Forums, and the DEXs don't even Pay Attention until it's too Late, that's how they do. They are like Fair Weather Fans. I don't see why People have a Hard Time Understanding this.

If someone comes on Board during the Exciting Times, but wasn't there when it wasn't Exciting, there is no Promise they will be there the Next Day. It's like the USA and Russia in Ukraine, Russia Lives there, that is where they Live, Right Next Door to Ukraine, and we won't always be Paying Attention. So that is just Part of the Dynamic. If we look at that as the Macrocosm, there are Microcosms like the Van Kush Family, where we are here all the Time, we Never Disappear, we Never Hide, we are always accessible, even to the Point that some may be annoyed by how much we have Written.

But we are the Stability behind Cryptocurrency, and Elon Musk knows this.

And some Things Happened Recently and he Started thinking that he was Smarter than me because he is more of a Philosopher, Elon Musk is very much a Philosopher, and we could say that he in that way is on Par with Neil DeGrasse Tyson, and the Guy who Hosted Cosmos before him. These are Philosophers. And I am much less of a Philosopher and more of an "In Practice", Religious Person. And we could get into how I am more Legal Minded than they are, they are more Philosophical Minded, and I am more Legalistic, even when it comes to Religious Documents.

But the Point being that when he saw this and thought he was SO much Smarter than me, it made him think maybe he shouldn't believe in all of this Cryptocurrency stuff. As if the Philosophy was more Solid than all this that I am and the Van Kush Family are Part of.
sr. member
Activity: 490
Merit: 279
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 ?

I don't think there is any need to discuss about Elon and his tweets about crypto. He is a busy man and has a lot to handle in his day to day life. Those who blindly follow his tweets on crypto are the ones who make that cryptocurrency pump and later on dump it. I think people should start ignoring his tweets if they don't want themselves in debt.
copper member
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It is true that during the bull run of 2021, the tweets of Elon Musk were working as driving force of Dogecoin price, and his influence caused surged in its price from few cents to more than 60 cents, it is also important to note that he exclusively focused on Dogecoin and didn't publicly endorse any other cryptocurrency.

Nowadays, Elon's relative silence on cryptocurrencies matters could be due to various reasons his silence could be attributed to variety of reasons such as his focus on his numerous projects including twitter (X), Tesla, Hyperloop and many mores. I think still it is possible that he could surprise the crypto community with his future announcement or actions related to Dogecoin.
legendary
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After all that nonsense shill altcoin tweets, I doubt he will continue spreading useless altcoins on Twitter. Especially when everyone knows how dirty the games are on social media nowadays, so it is logical he waits for the altcoin season to continue posting on similar patterns, IMO. Maybe he is busy building a new Dogecoin base meme altcoin and it will be the perfect time to raise awareness on social media, who knows?
hero member
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He told me that everyone needs to be calm at these times as all the major institutions are just waiting for the halving to pass. And you know what he's going to tweet soon? BTC.  Cool
Yeah, and that's what the laser eyes do but he's gonna wear some sunglasses like that emoticon. Kidding aside, does it matter when tweets nowadays? We sometimes like him and hate him doing that.
hero member
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like mentioned above, he definitely not gonna just shill 24/7 there's limit to it until people accuses him of misusing his influence for the purpose of pump and dump if i remember back then in 2021 there are many article talking about just that so i guess that could be the reason why he tune down his shill.
but honestly his influence has been diminishing when he tried to shill meme coin for so many times the increase due to his shill was not as phenomenal as it was back then so there's that.
I think moving forward he will be shilling for meme coin for sure but will not as frequent as before so its something to be expected to be honest.
not to mention he's a rich guy and he definitely have something more he wanna do other than shilling for meme coin 24/7 so that people could turn their peanut investment into something massive.
sr. member
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Indeed his influence can really cause the growth of any project, as long as he engages himself with that project, even by mentioning the project. His influence towards any project is just so amazing. I believe he just took a break, maybe due to the bull run ahead, but I don't believe he was compelled to stop his actions, he is indeed a big whale in the crypto market and it's very normal for a whale to influence the price of a coin.
sr. member
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it would be obvious if he is doing it this time while all the eyes are looking into the crypto market. the government was already looking into him when he expressed his political views. he'd better be just silent this time but his Tesla accepts doge already, i guess that's enough of him tweeting anymore after all BlackRock is already making the market bullish as ever.


Elon Musk, is an individual who will express his views on any crypto when he feels like it, so I guess he's probably taking a break from recommendations and analyzing. He has come all out to hype for dogecoin, even accepting it as Tesla, payment, maybe he wants the concentration to be on doge, so it can make impact in this bull run. When celebrities hype crypto projects and the project doesn't fly, I think that it somewhat reduces their reputations in front of their followers, so sometimes silence can be precious.
hero member
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He wanted to make some real quick bucks and then purchased huge amount of Doge, tweeted which creates hype and then he dumped it. That's the short story because he really never backed his words and just played with emotions of crypto users. Moreover, he should focus on his core domain instead of manipulating the price as it's better for everyone.
legendary
Activity: 2716
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Once a man, twice a child!
It could be that the world's richest man ATM, Elon Must, isn't oblivion that his actions on shilling certain projects in the past misled a whole lot of people. Perhaps, age had taught him to keep a safe distance from such engagements to save his image. Again, maybe he knows there could be repercussions for shilling ponzi projects and all that now that the crypto space is getting more regulations. Crypto scammers can be traced (Even if it's cumbersome to do) and be made to face the music of their criminal acts. We've seen what's trending with SBF, and the 25yrs jail term he effortlessly bagged.
legendary
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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 ?
I don't know the exact reason, but it's best for him not to do it.
He's kind of almost the same as what McAfee did in the past. The only difference is that, McAfee back in the days is promoting new projects while Musk is "indirectly" promoting established altcoins.

I guess it's good for him not to post anything related to cryptocurrency or include a project on his post because he's kind of like pumping and dumping the coin like what happened to DOGE a few years ago where he continuously post anything about the project, and it's price went up significantly, and because of that, many made profits, but most lost their money because of him. Been told not to support any coin? I don't think so. He believes in "freedom of speech" and I don't think that somebody will dictate him not to support any coin. He don't tweet anymore because maybe he don't want to involve himself anymore with crypto.

Overall, I think it's a good move by him not to make any tweet that's related to crypto because let's face it, while many will make profits because of his tweet, many will also lose their money because of FOMO.
hero member
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He is a crypto enthusiast and at that he is free to make comments on any project. Making a comment on projects does not mean he has supported them all. But probably it was a kind of encouragement. There are some coins that in the the industry and he has not made any comment on them but those coins are doing well. Like Dogecoin tht has been supporting since yet the coin is still backward. And it is recently that it climbed to this level $0.2005. Though if he supports a project there is an element of legit so people can invest in it but movement is still normal as others.

And to tweet on a project or coin is not compulsory. He has other work to do so probably he is carrying out other projects at the time. And I don't think anyone asked to stopped or ridiculous him. When the mind told him to do he will do it. He is lover cryptocurrency.
legendary
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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 ?
Well the answer to that is no one knows. We can obky speculate when Elon will post something again about certain coin. We dont even know if its Elon Musk the one really posting about it or tweeting. Who knows some intern or the one handle his account have some interest on pumping some memecoin or even any altcoin there. Also some users take advantage of the tweets to buy coin on rush hours or even create some shitcoin name after the tweet.
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As far as I remember, he has never tweeted about any specific coin other than Dogecoin. What he tweeted was a suggestion about something or some animal, without specifically mentioning any coins, it's up to the reader to decide how to interpret it. Twitter (X) is now owned by Elon so I assume there will be no court requirement forcing him to do so, because he did nothing illegal. Elon is an independent, individualistic person and what he wants to do in the past and now is not influenced by anyone. And the fact that he rarely mentioned this market recently must have his reasons, maybe he is planning something crazier with this market that he doesn't want to mention for now.
sr. member
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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 ?

If something is over done, it will lose its influence power so he only use it when it's needed and probably he can be in action at the peak of bull run.

Elon is focused in his EV and space project to Mars so he didn't have time to bag small profits now but if he has some free time then he will surely come and play with naive people's decisions.
hero member
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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 ?
He's got his life to live and he won't be living just to post and shill memes.

Has he been told not support any coin by some court order ?
I doubt.

Or did he stop because lot of people ridiculed his actions keeping in mind the level he is at financially ?
I don't think so. He just don't feel doing that and don't make it look like it's a big deal. I know that many are going on with some boost for his tweets but if he's not doing it now, don't make it a big deal.
legendary
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it would be obvious if he is doing it this time while all the eyes are looking into the crypto market. the government was already looking into him when he expressed his political views. he'd better be just silent this time but his Tesla accepts doge already, i guess that's enough of him tweeting anymore after all BlackRock is already making the market bullish as ever.

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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 ?
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