Bitcoin Forum

What does anyone think about the latest tweet from Elon Musk in what looked like taking a swipe at Bitcoin?

https://i.imgur.com/YU4iVwj.png

Actually, TBC reminded me of The Billion Coin; a scam coin that never came into existence since 2017 it was rumoured to be. Its community sadly believe till date that it will one day become a real use case coin. They're still in denial that it's a scam.

Swipe?

Do you not know that Elon owns The Boring Company?

What I understood so far:
- let's crash the price so I can buy MOAR!
- it is boring to not see $100k yet.

I have to decrypt his next tweet

Look, Elon likes to stir shit up, sometimes without any agenda, sometimes with something in mind. Maybe he has some plans on implementing bitcoin in all of his ventures and not just investing, or he is just posting that the money he made from the investment will finance his project in some capacity (altho the first one is more likely). We can't really be sure about any of it until he releases an official statement or plans, but one thing we can be sure of is that there is no bad publicity, it all works in favor of BTC.

Nah, Elon is just trolling every bitcoiner,  :) He may have meant, TBC (The Best Crypto).

So I don't consider it a swipe, maybe he just wanted BTC to be in the discussion again and push the price to $60k and above.

I don't agree with your opinion about Musk taking a swipe at BTC since the tweet itself is ambiguous and we all know that is a staunch supporter of cryptocurrencies in general.

Never heard of Billion Coin before. As you mentioned, it is probably just one of the many useless altcoins in th cryptocurrency market.

I doubt that since he lost around $15 billion recently just because of a tweet related to BTC and is probably more focused on duking it out with Bezos currently.

While still fuel it, when it's an obvious attention post, the reason for Mr musk making these post can be personal to him, but is Mr musk now the dictator of bitcoin, I think we can see his bitcoin post and pass along, I think he knows how attentive people are to his post and how like a wave it would be carried. I wasn't into bitcoin because of Elon musk, let him have his space and opinion without any debate about it.

It was a known scam before known as the TBC, it's like Bitconnect.
The Billion Coin Scam Leaves Investors’ Funds in an Unclear Future (https://coinidol.com/billion-coin-scam/)

For sure that is not all about bitcoin because bitcoin isn't a company.

That's the power of Elon Musk, he is very influential and gained tweet that a huge number of followers retweeting his tweet.
I guess that his own company, he becomes bored because there are no investors in my perception.

As I understand, that is not against bitcoin that he meant and I guess there's nothing to worried about, despite, that's another awareness to the people.

Yes, he was but it feels it is too much. A single tweet that had to make hypes is gonna be worrying, how about if Elon Musk tweet about the dumps and people will follow? He gains a lot of supporters and followers, huge enough to make a twist on the trend and I can't imagine if his new tweet about TBC will make this scam coin wake up.

Maybe, investors will also think about their actions in regards to what Elon Musk did and not just because he can be trusted.

Well, these are only guesses of the author, in the tweet itself nothing is said about this. There are so many abbreviations in the world that coincidences are normal, the most important thing is to decipher for people who do not know.

As everytime this guy do make out some new tweets then my feeling of having that kind of getting pissed is gradually coming out and treating him to be an another McAfee
even though he's different since he's not a shiller but it turns out that things that he do keep saying or do make tweets becoming non-sense into my part.

This is a free market though but having those kind of sentiments turns out to be negative towards Bitcoin and also if he's that fully aware on what TBC is
then he would really be changing up those words.

TBC(The billion coin) as i remembered is never been a crypto.It doesnt have a blockchain and it havent been able to hit up those known platforms or exchangers and been traded and make out some
considerable volume but instead they do have their own exchanger which is totally shit.

Talking about anagram? BTC could be TBC,CBT,BCT,TCB etc. and doesnt really make sense on talking about coincidence because lots are trying to mimic out bitcoin
since from the start.

Just to elaborate or giving out some links for the purpose for noobs to be aware on this scam existed.
SCAM ALERT!!! THE BILLION COIN (TBC) – Exposing the Scam (https://www.nigeriabitcoincommunity.com/scam-alert-the-billion-coin-tbc/#:~:text=The%20Billion%20Coin%20Admin%20Fee%20Scam&text=Beside%20selling%20worthless%20coins%20to,will%20soon%20hit%20the%20exchange.)
Lots of people had fall on into this scam even looking into my own community.Lots had really believed that they could really make themselves rich.

I think Elon's tweet here is positive. Not trolling or anything. Because The Boring Company is owned by him. So don't get too serious here. He maybe just want to advertise also his company in this simple tweet and giving a connection to BTC. Nothing more. And right now, he knows that his tweets have some impact in the crypto community. Just taking advantage of his influence in the market to have gentle promotion of his own company.

Never really paid too much attention to The Billion Coin. what I am most compelled is the fact that this could be a hint at who the real creator of bitcoin is, and it could be him. I'm not really bought in the search for the real Satoshi Nakamoto, but bit by bit ever since he bought $1.9 billion worth of bitcoins does he drop crumbs of his relation to it, then again I could also just be overthinking, but wouldn't it be cool if he really is Satoshi? The Boring Company, for those who do not know yet, is a construction materials company owned by none other than Elon Musk. This tweet of his could be another bitcoin shill, or it could also be a hint regarding his relation to Satoshi Nakamoto.

Gold perhaps? LMAO.

I agree that this is not a swipe at BTC, just the same bored Elon Musk trying to spice up things again because bitcoin is like trading sideways from $55k-$57k. He knows his sphere of influence and a simply dabs here in there won't hurt, but could potentially gain some newbies on crypto.

right, I also see this is just a promotional action he did...
Boring Company is a company that was founded a long time, we think that the company was founded for fun but it is not so. I wonder if his tweet will have an impact on the Bitcoin price again!

Elon is just acting like a normal person, making tweets. There's probably nothing special about this tweet. But if we treat Elon as a sort of a guru, prophet, demi-god, and so on, which he is obviously not, then we will give too much meaning in everything that he does. He might fart one day, announce it on Twitter, and people would begin to interpret it as some sort of a symbol or sign or a hint of something about to happen.


And how would we know that this particular tweet has affected the price of Bitcoin? If the price falls, is it due to Elon's tweet? If it rises, does it mean the tweet has something to do with it? More often than not, it's just a matter of subjective interpretation.

What Elon writes may not have a proper meaning or could be just a fun post, but it would have immense effect on his followers.
Elon Musk is probably the richest person in the world in near future. Not only is he rich, he's a role model for millions of people. People even associate him with being satoshi, superhuman, an alien and many more respectable and conspirator ideas. With Elon Musk's open support, bitcoin has reached a new and higher stable price range.

The Boring Company is one of his many companies that is focused on creating tunnels for logistics and such, why would he make a mistake like that? If he wants to push the price then we should be ready to go for long because this tweets that involve bitcoin is going to pump the prices.

I don't think he was taking a swipe. The Boring Company is his company. Maybe he was trying to make a joke or maybe he will be putting some of TBC's cash into Bitcoin to hold as a reserve just like he did with Tesla. It could also be that TBC will begin accepting Bitcoin. It is hard to tell from a short cryptic tweet. Maybe he meant nothing at all and was mentioning Bitcoin because it's in the news due the price being close to it's all time high.

I don't know why so many people react to the tweet in such a negative manner. The last time I checked, Elon is one of the most popular celebrities in Twitter, with close to 50 million followers. By tweeting about Bitcoin, he is doing a great service to the cryptocurrency sector. For me, I don't really care whether he is taking a swipe at Bitcoin or not. As far as I am concerned, it is all free publicity for Bitcoin at zero expense, and we should thank Elon for that.

Aside from the fact that he maybe just trolling us, lets consider the fact that he is just tweeting ambiguous post and we are just putting meaning into every tweet that he is making.
Maybe this post for him doesn't have any meaning at all or there really is. He has so much followers in Twitter that any tweet that he is making might have an impact on it like what happened to DOGE.

The tweet that he made is kinda joke possibly but knowing that TBC is his company, there is a possibility that either: TBC will accept crypto in the future or he wants to see Bitcoin went pass through the $60,000 price :D or maybe it is just a troll tweet coming from him :).

Or may be he just doing the anagram! The mixing and blending of the words to rearrange them in another sequence. Considering TBC his own company he is just trying to pull the strings off bitcoin in funny way. In most of the ways Elon is always talking in mysterious ways.

I had seen his earlier tweet regarding Doge also. Where he tweeted as follows:

"Elon is Egod" and the later is just reversal of Doge word. Moreover it did mention by many Elon is Egod meaning, he is gonna control the Doge very soon. Now there are many possibilities here. He might be just playing around or he is gonna surprise us soon.

Sometimes I think he's very successful as a comedian. We see the great people of the world, what do they think about it? The image still lingers in my mind while watching the livestream he is smoking weed.

Let him say what he wants. If he feels boring waiting for the price to reach or break $60k or $100k, he can quit from bitcoin, do his business, or expand his business. The crypto market can not jump to the very highest price in one night. Even if a big pump is coming to the market, the price will be back to the lower price fast after reaching the highest price.

I only like it if he tweets something that can make the coin jump so high because that means we will make a big profit as what we got from Dogecoin. If he only tweets like that, I don't think much about that and better watch the market movements.

Lol, he didn't say anything wrong. The Boring Company is OWNED by Elon himself. He was just being funny and trolling as usual. Anyone who follows Elon closely knows that they TBC is owned by Elon. Maybe Elon was just seeing how vacuous people are and how fast they start judging each other.
Or maybe he showing some signs that TBC is also going to invest in some bitcoins. Who knows  ::)..

Bitcoin is not a company,so he is making a reference about a company we don't know. ;D
Maybe he is talking about his companies-Tesla and SpaceX.
There's no need to pay attention to every tweet he makes.Most of his tweets are trolling and making fun of someone.This isn't serious. ;D

The Boring Company is an American infrastructure and tunnel construction services company founded by Elon Musk.
Source : https://en.wikipedia.org/wiki/The_Boring_Company

The Boring Company currently has active construction or is planning future projects, in both the Los Angeles and Baltimore–Washington areas. They have also been selected to build a downtown-to-airport loop by a government program for high-speed transport in Chicago.

This is also connected to Elon Musk's vision for ===> https://en.wikipedia.org/wiki/Hyperloop  (So you can see Elon Musk planning ahead of time to acquire companies that will serve his purpose in the future.) 

Why did Tesla buy all those bitcoins..... because it is part of his bigger plans in the future.  ;)

 :D ;D ;D ;D
I do not believe Elon Musk is taking a swipe at bitcoin. Everybody knows he is a staunch supporter of bitcoin and cryptocurrencies at large.
I believe since The Boring Company is owned by Elon Musk, he is just using his influence and the popularity of bitcoin to make a subtle promotion of his company. Anybody would do that.
If I had such number of followers and that much influence, I would certainly using such platforms to promote my ventures. That's just being smart.

That guy has a lot of sense of rumour isn't it? And that's what his life more lively to say that least. I don't take Elon Musk tweet personally, specially after his shilling of DOGE. It maybe cryptic for others, but nothing unusual about those tweets. Perhaps he got bored, open his twitter, thought of something to connect bitcoin like in the anagram to something that he is working right now. No swipe at bitcoin here.

The effect Elon and BTC brings nothing more. Yes, his tweet: https://twitter.com/elonmusk/status/1370449101402353669
It's time for a new star to speak out? Kay One (german rapper) not necessarily now, but he certainly contributes a part: Kay One & Stard Ova - Wallet (prod. By Stard Ova) = https://youtu.be/WqJU3RpqUuQ  - Several million views should come together in the near future.

The tweet is very difficult to figure out as it stated the boring company. I wouldn't speculate for something bad but this becomes too shady if I'm going to dig for more ideas about it. TBC denied that accusations already, yet those people behind this project still not convinced so there's a potential impact from Elon's tweet to cause some negative outcomes.

Maybe he is looking for a new name for his company and by doing so he wants to know the opinion of the people about latest the name.  :D

Perhaps the current situation will affect people and they will react less to Elon Musk's Tweets. Of course, the abbreviation TBC is very strongly associated with a fraudulent project and it is quite possible that Elon Musk also understands this. There are two options here: either he is trying to reassure readers about his tweets, or maybe he is really speculatively trying to once again raise the excitement around a project that is profitable to him.

He is once again playing tweet game with the people by making btc comparison with his owned company The boring company or his intention was to mark the scam of TBC which he is completely aware of it.He might want to create a dump situation because he wants to buy at the dip and then again prices will rise and he is profit basket.Its all mind games but he can losse once again like he lost billion dollars with his one tweet against btc and making him the second richest person.But who makes comparison oh his company for such scam projects I don't understand it.

Hmmm it's look really nice if Elon keep talking about bitcoin because the influence from Elon is really big.

After the BIG step from Elon for Investing in BTC with huge amount it gonna be make another big company will do the same thing like Elon.

I seriously do not care about his tweets, in the beginning it was fun and then his tweets started to make changes in the market and initially i thought he was doing all these controversial things to divert his attention from the Amber Heard relation he had and wanted to have fun but his tweets helped the markets to go up and there were times when the market crashed and Elon loosing billions and once a market changes over a billion dollars over a tweet it is not fun anymore and i care less about his tweets but curiously waiting for his Neuralink development.

That was beyond my interpretation. This smart guy is not only hyping bitcoin but also his company. 2 in 1, like a boss!

Elon Musk can influence a lot of people with a single tweet he had made, we see a huge movement in the price of bitcoin or altcoin like Dogecoin when he had tweeted about it, he just trolling the market based on what he wants. Even though a lot of bitcoins keep on saying that we shouldn't believe what he's about to say in crypto but there is some point that he help me earn even a small amount of money by his tweets.

     Look man, Elon Musk is clearly the type of guy that just wants to post things for fun. He loves his memes a lot and he loves  the attention. But still though, people will still be believing or taking his posts or tweets seriously every damn time because of his achievements in life and in his field plus in this industry. The guy is just simply good with his money and in making crucial risk/reward decisions. And those who already realize the way he does things and how the majority of the people reacts to everything he says and does will surely take advantage of the potential aftermath of his every action/tweet. Be one of those people and ride the waves and jump off when necessary.

That's the name of one of his companies (The Boring Company (https://en.wikipedia.org/wiki/The_Boring_Company)), and you and everyone here must know about it from the most influenced meme person/troll on CT.

You sound like his tweets have caused you to lose money and I don't know why it's that way apart from the fact that you could've been on the wrong side of the market. Quite alright, Elon is influential and no one should jettison the level of influence he has on the global stage. It's not child's play to maintain the number one spot financially in a globe of billions of people. Elon Musk is the richest man on planet earth at the moment. His comments and suggestions are enough to even topple a government. I am very careful to swim against his tweets.

I am not surprised that Elon Musk was able to have a considerable influence on the Bitcoin price movement via Twitter. The tweets made by Elon Musk
can lead to many people, maybe for Elon Musk Bitcoin is like a toy. Where the direction of Bitcoin he wants he can do it, but sometimes he does not
only promo Bitcoin, but the company that belongs to him as well. Like Elon Musk's tweets in the opening post, mentioning Bitcoin and The Boring
Company, which is a company owned by Elon Musk. Not long after these tweets, the price of Bitcoin started to slowly increase until now, even
The Boring Company is also getting into the hype right now.

Elon is just having a nice time , I wouldn't want to concentrate on his tweets to make decisions. It can mean a lot of things, since he likes to tweet this ways, I have never bothered myself about what it could mean.

It is something of a figurative sense 90% and literal 1%, the other percentage stays on Mars.

Elon Musk has his business on Mars but deposits his money on earth, if he has a problem he has some bitcoin that he can take to Mars. (figurative sense 100%)

I don't care about him of what he tweeted I don't follow him because I have my own decision and that is the key of success make at your own. I hope those people will not trust him as guide because they do rush decision. I think the he tweeted that because he have again purposes and I think better to be careful once he tweeted like a coin first do a research before investing.

Yes, he didn't say anything wrong, but we never know what his plan. Even if he tweets about one coin and make the price lift so high, we don't know too. I don't follow Elon, so I don't know anything about TBC ;D

We can hope that the other company will invest in bitcoin, and if TBC also invests in bitcoin, that can give bitcoin support to lift the price. Perhaps, some people are following his tweeter and always curious about what Elon says and speculate with that.

Indeed. We hope people will research before deciding and not just following what Elon says because they don't know the truth. I guess people already have their own experience by following other people, but not all of them are making a profit from that people, so it can be their lesson not to follow other people's suggestions or tweets.

I'm only coming to the realisation that Elon Musk owns the TBC (The Boring Company) from the comments on this thread though, I'm still far from knowing what the TBC is about but, I'm sure its got nothing to do with bitcoin. Not even as it's Anagram as the tweet portrays of perhaps, the meaning of Musk's phrase isn't in the context of the word.

If you look at it, 'anagram' deals with the rearranging or words to for or get another secrete word and the TBC have got all the alphabets that make up bitcoin except,  its got a single 'I' where as, bitcoin has got double 'I'. So, the word bitcoin can only be gotten out of the TBC only by importing another 'I' and that wouldn't make it an anagram anymore, would it?!

Well, Musk is definitely a cryptocurrency influencer who's tweet such as this have been know to cause some serious moves in the market because,  its backed by actual investments and Musk followers are sure to do the same. His done this for Dolge by merging it with bitcoin and as such, we can only imply his about to carry the TBC along in the same way as well.

Just the daily life of a celebrity saying something to destroy a particular group.
I respect Musk, but I don't respect his way or point of view to Bitcoin though.
Anyways, just a usual day to ignore another celebrity for me. There are far more worse like Mcafee, lol.

is this a sign that bitcoin price hasn't reached ATH yet? It is still a mystery, if Elon Musk revealed something like that. Hopefully there will be a great future for all and give birth to people like Elon Musk

Every tweet has a lot of interest among Elon's bitoiner and loyal followers. he seemed to be using figurative language, so that he would not be ridiculed by his haters. I know when he tweets about bitcoin, by accident, his next plans will give him an unexpected surprise. will da actually see an increase to $ 60,000. wait for the game Elon, maybe Tesla will increase its electric power with bitcoin.
'
'
and as for the phrase "tuberculosis", I'm not entirely sure that the boring company is the elite that tried to bring down elon a while ago.

We do not know what is he thinking right now to the cryptocurrency he is one of the powerful person in the world snd once he tweeted again people believe on him and what ever he say like a new coin or any coin they wanted to promoted it increase the price of the couns for sure. Im waiting again for his new tweet of what new coin he promoted and expect the price up once he do that.

Elon continuously tweeting about BTC after he announce that he owns some of BTC. We know that he is good on predicting the future value of a certain assets just like what his 2 company attain. There is still a lot of room for price growth of BTC because only few institutional investor have position on BTC. I believe can go to x10 the current amount of the majority of institutional investors will invest on it.

As an innovator I admire him of his inventions but as a influencer I do not think he is great. Most of his tweet are not related and some time does not make any sense. I still do not understand why he promoted Dogecoin. I think those tweets come out when he is high on weeds

Elon Musk is a very important and very achievable person because of his goals and achievement. But I think that Elon Musk just hyping thr market because of the reason of people always waited for his tweets. And also many peopla re just joining him in the hype. Just like what happen in DOGE coin. It is true that it become profitable and very good in terms of earning but I think people do always rely on it. And not in the analysis in the market. Let me tell my opiniojn but here's Elon Musk again making some coin to hype. Watch out.

It's a business, whatever he's doing surely it will bring him more money, it's tough understanding

what he's real intention but as long as he's bringing bitcoin to his space, he's bringing interest to

all those people who are really following him. A matter of time in revealing this another tweet and

for sure everything goes inside his pocket that's what matter most for this man.

That's the advantage @elonmusk has that what is said can affect a lot of people with just a tweet that is made. and it is true that your word sometimes does not make sense, but because there are many followers there may be some who believe it and do not. but those who believe it sometimes affect what happens because of the influence of his tweets.
as you said about @elonmusk with doge, actually he just says he will buy, but it is not done any differently than with bitcoin. but many are misinterpreted, so that Doge gets an advantage.

Elon Musk really loves this manipulation of his to benefit from a possible increase in BTC price as Tesla also has made a huge investment in Bitcoin. He also doesn't forget to tweet about Dogecoin.  ;D  It is really funny that Dogecoin has been created just for fun but now things are much more serious.  :D

Oh, it looks more likely that he is really trolling bitcoiners))) he likes to do this, at least such an impression appears while looking sometimes his comments or posts to some services or projects. His popularity is rising. 😁 The new day is not a day without Musk as I see on the amount of news and topics about him and "what-Musk-has-written". May be his aim is not to loose popularity 😁

Again and again his tweet can make magic for other people and doge coin raise to higher price, they not afraid how many time after his tweet doge although success raise to higher price but could be dump without long time, I like this risk when trading could be faster to get profit but you have think before because you can loss all if late entry after tweet by Elon Musk.

When an influencer like this speaks, we need to pay close attention, whichever way, it will be in favour of BTC as other colleagues in his circle would have been in crypto and that is what we are seeing from the price roaring northward.

There has been a lot of mixed press about Elon Musk and Bitcoin carbon footprint.

Does Bitcoin tesla-ate with Musk's clean energy cars?

(tesla-ate == tessalate, geddit? nevermind)

I think we, us, the great Bitcoiny republic should put pressure on Mr Musk to endeavour to make Bitcoin as green as possible.

For us, our children, and our childerens childrens.

Elon Musk is one of the top millionaires and some people always support every project he will do and by that popularity, he can easily manipulate people as you can see when he posted a status on his Twitter about bitcoin and dogecoin after a few minutes the price of these coins rapidly increase and becomes more active within a few minutes as you can see a single post of a known version about something can show a big outcome to the market.

I hope it is not the impact of the investigation done by SEC on him.  ;D
Not sure what he wants to reveal. But I think till today he still one of the supporters of Bitcoin and Dogecoin. It is clear enough since his company, Tesla bought Bitcoin and it showed us how he believes in the Bitcoin future. About The Billion Coin, he didn't clearly state it, so don't think about it so much, guys.

Exactly? Why will he tweet such a post  ??? Interesting, nonetheless considering that he owns $1.5bn worth in The Boring Company. Perhaps a move to put some of his competitors off from getting onto BTC market, or perhaps a mere 'play the market' type tweet...

It really feels like he went to check the price and found out he made only 100 million in March instead of a billion, like they did in February.
This investment is doing really poorly. Time to tweet about Bitcoin once again.

Is it a coincidence that after the tweets written by Elon Musk, it wasn't long before the price of Bitcoin went up. I think Bitcoin's price went up to $ 61k
due to Elon Musk's influence, which proved to be true for Dogecoin as well. In fact, it is only natural that Elon Musk has a considerable influence on
the increase in the price of Bitcoin, because he is the richest person whose actions will be heard by many people. Especially Elon Musk's followers
on Twitter will definitely be affected by all the tweets written by Elon Musk. But don't make Elon Musk's tweets the reason we buy Bitcoin, it is very risky
in my opinion. I recommend that we buy Bitcoin, we have to do the analysis first, to make it safer and not become FOMO.

yes bro, maybe the price of btc will soar from the current price.


back again to ourselves if we follow Elon Musk we must be prepared to face the very big risk and not blame others

If Elon Musk thinks of the bitcoin is a boring company then why he invest for approximately of $1.5 billion to the bitcoin itself? Maybe the reason behind this tweet is that Elon Musk wants to control the market so that the bitcoin will dump and eventually he will be able to buy again more bitcoin on a more cheaper price, am I right? Actually my thoughts are almost the same to the OP in which TBC when I am hearing that is I remember the the billion coin in which is a scam coin.

The Boring Company is a company that was founded by Elon Musk four years ago. It is an American infrastructure and tunnel construction services company. He just plays on words on his tweet and his actual goal is of course manipulating the price using his influence. I'm not sure whether he really likes the cryptos or not.

https://en.wikipedia.org/wiki/The_Boring_Company

Yeah, and OP is right saying it is a big coincidence. It is Elon trying to make a trick us and help his project to the hype as he was intended to do it. That he knows he can manipulate other's minds, he would likely take advantage of it but I'm not sure if this could buy the people's interest in this project.

I would like to observe how this tweet will work. Or this really has the huge hyping effect.

He's enjoying it and he's very active on it. I can't imagine a guy who's working he said around 20 hours per day and has a lot of time to tweet.
And it's possible that he's the one who influenced Mark Cuban.  :P