Elon musk is for crypto or just for attention to boost Tesla, SpaceX?

[Reatim]

Watching the lately spot about Musk appearing on live tv this weekend for showing what all the hype is about and if he will actually have a mention of his favorite cryptocurrency doge, it seems the media are jumping all over this appearance.
https://www.youtube.com/watch?v=nWWzszskgmA

What are your thoughts about this North American appearance and what do you think he will do or say about doge or even bitcoin?
I think since Miley Cyrus is the musical guest he will have her dress up as a dog and call her doge.
She likes cats and had dressed up as them on stage during her concerts, so you never know what these two crazy people will do on this episode.

that month it is Dogecoin his favorite but after few months changes the air and come to Shiba Inu . and now what is the next to pump by this person?

I come to believe in his power of advertising and most of His statements makes the coin increase insignificantly .

though i did not believe in his past messages , now i will try to ride with it.

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[masterrex]

IMO, and contrary to others observations I dont think "Elon Musk" needed crypto to boost its mainstream companies, like Tesla and SpaceX because both are already popular, and worth Billions of dollars, so why Elon needs the speculative crypto to promote its high tech companies for me it doesn't make sense but one thing is certain Elon Musk opinion has a huge impact on crypto because of one reason" he is a successful and ultra-rich businessman the richest person on the planet that's why many people believe in him and consider his advice.   

[rdbase]

Elon Musk will do what Elon Musk wants and say "f**k everybody else" especially those invested in his own companies.

https://www.msn.com/en-us/money/topstocks/another-day-another-tesla-stock-sale-for-elon-musk-2488-billion-over-past-7-days/ar-AAQMWZx

Notice that Elon Musk has sold $8.8 Billion of company stock over the last 7 days to service taxes and other expense obligations, but has not sold a single satoshi for the same.

Very telling which has more value to him.

Much truth from @Torque in his observation from a recent post on the Wall observer thread enough so I had to put it up on here.

[naim027]

Elon Musk will do what Elon Musk wants and say "f**k everybody else" especially those invested in his own companies.

https://www.msn.com/en-us/money/topstocks/another-day-another-tesla-stock-sale-for-elon-musk-2488-billion-over-past-7-days/ar-AAQMWZx

Notice that Elon Musk has sold $8.8 Billion of company stock over the last 7 days to service taxes and other expense obligations, but has not sold a single satoshi for the same.

Very telling which has more value to him.

Much truth from @Torque in his observation from a recent post on the Wall observer thread enough so I had to put it up on here.

Elon Musk After Market Correction

[maria1110]

Elon musk is genius in doing business. He knows for sure that crypto is good investment, and would like to use his influence over the internet to boost coin price while promoting his car brand.
He has thus created a virtuous cycle, it's a win-win strategy.

[rdbase]

Anyone up on current events have already heard that Elon has bought enough shares in the former company of Jack Dorsey(inwhich starting next month is when he is officially departing) that he can essentially take control of the entire Twitter corporation.
With the hostile takeover of Twitter they have introduced the poison pill so it can not happen even if he did want to go that route.
https://www.forbes.com/sites/abrambrown/2022/04/17/twitter-takeover-musk-dorsey-board-tweets/?sh=3f733a165728

What is weird is this tweet Musk has put out channeling Elvis:
https://finance.yahoo.com/news/elon-musk-cryptic-tweet-channeling-002758490.html

The story of Elon Musk & wanting complete control of Twitter continues and gets stranger by the day.

[Vaskiy]

In response to the plan of Elon Musk to buy the entire shares of Twitter, there were more suggestions from the netizens to buy Sri Lanka instead of Twitter for $43billion. This suggestion have come out as Sri Lanka is facing the worst economic crisis since its independence.

How serious Elon Musk takes it is unknown, but the suggestions were really fun filled. One user have suggested to buy Sri Lanka and name it Ceylon Musk. Another have suggested about having the best graphite whithin the country that can be used in Tesla.

[mrquackquack]

Well if your company and stock are starting to absolutely go to the trash can and given the fact the volatility and possible profitability of crypto then it might be feasible he might be using that to add some sort of profit to his portfolio. Also given the fact that with one tweet his post can be seen by millions maybe even billions of people he may have the ability with his amazing feat of public relations that he can actually with ease cook the books.

[bbc.reporter]

Anyone up on current events have already heard that Elon has bought enough shares in the former company of Jack Dorsey(inwhich starting next month is when he is officially departing) that he can essentially take control of the entire Twitter corporation.
With the hostile takeover of Twitter they have introduced the poison pill so it can not happen even if he did want to go that route.
https://www.forbes.com/sites/abrambrown/2022/04/17/twitter-takeover-musk-dorsey-board-tweets/?sh=3f733a165728

What is weird is this tweet Musk has put out channeling Elvis:
https://finance.yahoo.com/news/elon-musk-cryptic-tweet-channeling-002758490.html

The story of Elon Musk & wanting complete control of Twitter continues and gets stranger by the day.

It appears that we might have fallen for Elon's tricks again. I speculate that Elon only wants to pump his twitter stocks similar to how he pumps dogecoin. By tweeting about them hehehe. This is only a speculation, however.

Elon Musk bought 9% of twitter stock and filed with the SEC a proposal telling everyone that he wants to buy the whole company for $54.20 a share. This filing allows him legally to tweet and say anything to pump the stock in social media. Very much similar to the way he pumps dogecoin hehehehehee.

[rdbase]

Well if your company and stock are starting to absolutely go to the trash can and given the fact the volatility and possible profitability of crypto then it might be feasible he might be using that to add some sort of profit to his portfolio. Also given the fact that with one tweet his post can be seen by millions maybe even billions of people he may have the ability with his amazing feat of public relations that he can actually with ease cook the books.

From the reports, he wants to buy up the company and set the rest of the shareholder's yearly pay to zero.
If this doesn't sound like some kind of trolling job at this point I don't know what does.
He has angered most of the shareholders especially the prince of Saudi Arabia who has a vast majority of the shares in twitter when it comes to free speech.
So only time will tell what he will do next in this hostile overtake of the company. Which he is no stranger too. This is how he got to own Tesla.
There is plenty of evidence of this all over youtube and the rest of internet.

[rdbase]

With all the talk being focused on the take over of twitter by Musk today here are some points to what could come and one related to a cryptocurrency:

This was accepted by all board members so no hard feelings from those involved with the buyout.
But there are some who have opposed showing hashtag #leavingtwitter with some offbeats memes.

[rdbase]

Mister Musk received what he wanted to in the first place and it wasn't entirely the ownership over twitter.
It was..
The Publicity that followed.
It was a win-win by all accounts in his favor with this take over of the company.
Jack Dorsey came out and posted on his former media platform that he "was happy" & even "endorsed" that Elon has complete control of his creation.
What follows now is anybodies guess.
But with the most recent leaked audio of an earlier board meeting, it doesn't seem to be the same sediment going around the company left in Musk's wake.

[goldkingcoiner]

Elon Musk has surrounded himself with people who are much much smarter than him. He himself is no dolt either, so obviously he has understood the potential for crypto. Although I am not sure as to why he would promote Dogecoin. If anything that does make it seem like he is just doing PR with a large audience which he "kidnapped" and made it his own community.

Egomaniac is as egomaniac does.

[rdbase]

^^
I liked how you put kidnapped for the user base on twitter.
They can suspend or just stop using the platform if they want.
And many have in a way to protest the change of ownership.
Don't think it will matter because with the news coming out of it they have added 30 million new users.
Whether those be authentic actual real users, that would need to be decided when Musk's implementations actually do take effect.

[rdbase]

Elon Musk has surrounded himself with people who are much much smarter than him. He himself is no dolt either, so obviously he has understood the potential for crypto. Although I am not sure as to why he would promote Dogecoin. If anything that does make it seem like he is just doing PR with a large audience which he "kidnapped" and made it his own community.

Egomaniac is as egomaniac does.

I think you were correct in this phrase.
He had backers for his takeover bid of the company and they are well known entities in any circle:

Just by looking at some of the names on this list the one which sticks out the most is CZ's exchange.

source: https://www.cryptonary.com/binance-helped-fund-elon-musks-takeover-of-twitter

So Binance would have some advertising space on there or even a say on it is run when it comes to where the crypto comes from once it goes web3?
https://vervetimes.com/binance-backing-for-elon-musks-twitter-bid-boosts-web3-vision
This only explains that Musk had help with the bid from all over the globe including Qatar.

[goldkingcoiner]

Elon Musk has surrounded himself with people who are much much smarter than him. He himself is no dolt either, so obviously he has understood the potential for crypto. Although I am not sure as to why he would promote Dogecoin. If anything that does make it seem like he is just doing PR with a large audience which he "kidnapped" and made it his own community.

Egomaniac is as egomaniac does.

I think you were correct in this phrase.
He had backers for his takeover bid of the company and they are well known entities in any circle:

I recognize a lot of these as Venture Capitals as they have invested in Binance and other crypto projects before. Such as Sequoia Capital, a16z and many more. So I am guessing Elon's got a mix of his own investors and crypto investors in the game. I wonder why Vitalik Buterin isn't jumping onboard?

Unless this Twitter takeover is a train wreck and Twitter does not become the next Myspace, then we might be seeing a lot of crypto adoption soon. In any case, for the crypto community this is a win-win situation. Or perhaps more of a win-losenothing situation.

[amishmanish]

Elon musk is very futuristic in his approach. He knows that data is digital gold, he invested in creating his own network of satellites for providing internet services, he bought tweeter, He has single handedly kept dodge in limelight and, this greatly enhanced the value  of dodge coin. I believe he is doing all this as a part of a bigger plan, where a decentralized economy, free from government control can be executed.

[rdbase]

Elon musk is very futuristic in his approach. He knows that data is digital gold, he invested in creating his own network of satellites for providing internet services, he bought tweeter, He has single handedly kept dodge in limelight and, this greatly enhanced the value  of dodge coin. I believe he is doing all this as a part of a bigger plan, where a decentralized economy, free from government control can be executed.

Seems like Elon is getting himself in alot of unwanted attention with a post saying "If he dies in the coming days.."
He is now getting in trouble with the Russian government with them accusing him of providing their enemy with spy equipment which is absurd.
Mr.Beast is looking to inherit twitter if his assumptions are true.

This sounds like something out of spy novel. So we can only wait to see what unfolds in the coming days.

[ChiBitCTy]

I've said it a million times but I think Elon is a fool who has no idea how cryptocurrency really works.  I have it on good authority that he is the same way when it comes to Tesla and Space X..that he talks out of his ass all the time and no one corrects him on it since he's well.. Elon Musk.  If you watch the round table he did not too long ago with Jack Dorsey and Cathie Wood, it's clear the guy has no clue.  To me I think he just likes doge because he knows the big wallets can control things more and he wants to pump it being so low in price.  Though I do think Jack Dorsey has gotten in his ear a bit with the whole Doge thing, and I think it might be starting to rub off on him (Jack being a maximalist).

[GigaBit]

Elon Musk is a successful businessman. It becomes much easier to do anything he wants. When he tweeted about Doge Coin, Doge would be skyroket and when he talks about Tesla, Telsa is at the top of the discussion. Now he already bought Twitter. After all, I would call him a rich businessman, nothing more.