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Author Topic: Elon Musk once again throwing shade at bitcoin  (Read 641 times)
Luqman
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December 31, 2021, 11:12:00 PM
 #81

What are your thoughts?
I have no idea about what he says, always tweets on his media. Btw, even I don't care about what he tweets, in fact, his says always give big influence to the crypto world, moreover to the crypto such as Bitcoin or Doge that have been stated.
So far, we know the power of Elon Mus. It may not influence the crypto enthusiasts, but this will always give influences to the world, to what probably investors will put their money.
He may see this as a chance to pump or dump  the price again, not too high expectation but enough to give such certain influence to the price.
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December 31, 2021, 11:40:30 PM
 #82

What are your thoughts?
I have no idea about what he says, always tweets on his media. Btw, even I don't care about what he tweets, in fact, his says always give big influence to the crypto world, moreover to the crypto such as Bitcoin or Doge that have been stated.
So far, we know the power of Elon Mus. It may not influence the crypto enthusiasts, but this will always give influences to the world, to what probably investors will put their money.
He may see this as a chance to pump or dump  the price again, not too high expectation but enough to give such certain influence to the price.
He is good at his words, he makes a twist and it attracts listeners but for us who know more about crypto and him, that is very unlikely. He wins before and brought us attention to think that he has in good faith towards crypto, towards Bitcoin but what he did is to shill Doge and ruin Bitcoin. That is not the thing he was supposed to do, however, it was done and that is reason to know what is the reason for his participation. We all have learned that Elon Musk has nothing to do with Bitcoin but just for Dogecoin only, a father of meme coin.

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January 01, 2022, 09:12:24 PM
 #83

Once again Elon Musk is in the news in relation to bitcoin/cryptocurrency and once again he’s proving he’s full of shit. Personally I can’t figure out if he’s just that ignorant when it comes to cryptocurrency, because he has said a whole lot of stupid stuff in relation to it, or if it’s just manipulation, which we all know he’s very good at. Overall I think it’s a mix. I believe he likes the Proof of Stake aspect being that it gives the largest wallets an advantage. Which is exactly what he’s arguing against here..oh the irony.
Well, I guess he just likes Dogecoin a lot from what I have been seeing, because he’s always talking good about Dogecoin. Although I also know that is one of the strategies for him to pump, but right now I think that the pump for dogecoin is over and it won’t be going up again for now. Moreover a lot of the meme coins fans have shifted to SHIB, and even SHIB right now is bearish in price.

Elon was a big fan of bitcoin at the beginning, but later complained about how bitcoin is being mined, which I think is the reason why he switched to dogecoin, because he believes that it is better, and he has also claimed quite a few times that he plans to work with devs and improve the platform of Doge. Anyways, it’s not like what he says really matters to me at all.

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January 01, 2022, 10:00:28 PM
 #84

If Elon Musk is betting that Dogecoin has some relevance and even some major potential, then it is not much of a surprise that he has been interested in investing in it. What's so bad about that? It's his opinion, after all, and he's certainly not someone that's just gonna blindly follow what anyone else says, right?
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January 03, 2022, 04:11:04 PM
 #85

I think that Elon Musk's effect on the BTC market is irrelevant, it is like the FUD that China does to BTC, these are arguments that are not accepted, Elon Musk is very focused on his space travel and everything that has to do with giving him food to the poorest in the world, which is not bad at all, but since it turned its back on BTC and produced a large FUD it is not very well seen at least by those of us who strongly believe in the projection that BTC carries, He can say what he wants, he will only influence the most ignorant with his fud.

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January 04, 2022, 03:15:05 AM
 #86

If Elon Musk is betting that Dogecoin has some relevance and even some major potential, then it is not much of a surprise that he has been interested in investing in it. What's so bad about that? It's his opinion, after all, and he's certainly not someone that's just gonna blindly follow what anyone else says, right?
but what is said is sometimes confusing and this is the hallmark of the entrepreneur and the trader who is one in him. but the intention that has always been with him is that he can definitely influence people to what he does is acceptable and he gets what he wants, profit.

whatever is done to the doge is clearly an intention whose purpose is to make profit and he can't be blamed if he want to bet on doge as long as it will produce what you want to achieve, and that's perfectly legal anyone can do it especially Elonmusk's class who has followers that can be influenced.

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