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

[thecodebear]

Given how Musk mostly just promoted a useless meme coin to pump and dump it and always talked much more about doge that bitcoin i think he just did it for attention and so that he could manipulate markets because if one thing is clear he loves attention and loves to manipulate markets.

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[tread93]

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.

I think that its all a strategic game for musk. Idk what he plans to do with DOGE but I am certain that he has a plan to keep hyping things up the way he has done historically. I'm just happy that he is an advocate for BTC and he has even said he doesn't think it will fail. So we have that going for us hahahha

[rdbase]

^^
He has disowned doge and his title of the doge father since then. Bitcoin, well that is still to be seen according to how much Tesla Corporation still holds.

The most important question to be asked is Do we like Elon Musk here? If yes, then we will appreciate his tweet regardless of what he has to say because it is Elon Musk. If not, we'll probably continue to hate it. Despite all the great things he has done. In general, Musk is a visionary and a great entrepreneur who has a lot of experience and success in all fields, including philanthropy. He is the CEO of Tesla Motors, Inc and SpaceX.

That is debatable since everybody has their own view on the doge father. But I am to guess we can not call him that any longer since he has since separated himself with that project.
I don't think anybody really likes what he has done since his acquisition of twitter with all the media outlets showing pictures of how employees have been treated at their offices globally and the emails documented disclosed in their arguments towards the billionaire.

[D ltr]

The most important question to be asked is Do we like Elon Musk here? If yes, then we will appreciate his tweet regardless of what he has to say because it is Elon Musk. If not, we'll probably continue to hate it. Despite all the great things he has done. In general, Musk is a visionary and a great entrepreneur who has a lot of experience and success in all fields, including philanthropy. He is the CEO of Tesla Motors, Inc and SpaceX.

To be honest, I don't really like Elon but who care , even though he is the richest person, because in my opinion, Elon is a person who only thinks about his profits, doesn't think about the impact on the people who follow him.
like people who buy doge when doge is hype and until now there is no new hype for doge

[zugneyatro]

Elon Musk is a poor man's idea of a friendly and quirky billionaire. "He's rich but he's just like us, he likes crypto and video games dude" people are so easily fooled.

[rdbase]

He is a necessary evil some might say since he does own the most influential (whether you agree or not) platform on the planet.
Also with being a holder of bitcoin, can make the main goal of any financial sound method of payment being global integration in it's system.
https://beincrypto.com/beyond-maximalism-future-bitcoin-integration



https://beincrypto.com/twitter-bitcoin-revolutionize-finance-elon-musk-vision
https://www.bitcoininsider.org/article/207722/elon-musk-has-ambitions-making-twitter-worlds-biggest-financial-institution
https://cryptoslate.com/elon-musk-has-ambitions-of-making-twitter-the-worlds-biggest-financial-institution
https://www.forbes.com/sites/dereksaul/2023/03/07/musks-new-twitter-dream-become-biggest-financial-institution-in-the-world

As you can see it was all over the main stream media in the past few days, it is in the spotlight with all that is going on in the courts with regulation and having another exchange (Kucoin) being pressured by New York congress yesterday causing the price to plummet.

[Kavelj22]

In an increase in the state of crisis which the Twitter company is going through, run by the great Elon Musk, Meta announced today in an article published by CNN that it is considering creating a new and independent platform for sharing text updates, in what could represent the new, more powerful competitor that the Twitter platform may face. The article also mentioned that the new platform that Meta will create can benefit from the existing large user base of the company's other platforms (Facebook, WhatsApp, Instagram, Messenger), including two billion people who use Facebook daily.

Twitter could have a new rival — a platform created by Meta

“We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests,” a Meta spokesperson said in a statement to CNN, which essentially described Twitter’s mission statement without naming the platform.

[rdbase]

^^
Twitter having a rival competitor is certainly surprising to read about and it being facebook or meta after it's rebranding is sort of a shock since they could of had done it when Elon Musk took over several months ago.
Because at this point he is just getting a foot hold of how he wants the company to operate and has already settled into his role as CEO.

[rdbase]

This CEO of Twitter, SpaceX, Tesla & The Boring company seems to always be in the news and it is usually controversial.
He has grew the ire of the U.S government administration because this is where all of his companies reside and him taking a selfie with a russian state-controlled TV personality.
Which in itself is very controversial with a current war happening and him being an American business man posting the encounter on her tik-tok.


source: https://www.bloomberg.com/news/features/2023-03-21/how-buying-twitter-made-elon-musk-one-of-joe-biden-s-biggest-headaches

[Pierre 2]

I think he has too much influence to begin with (as an individual). He owns company that sells the most EVs probably globally. He owns the most influential website (Twitter) for sure and his name "Elon Musk" became a brand. So when he promotes crypto, Doge, Bitcoin or anything other. We must embrace it. Elon Musk is a whale that people should have good relations. If not he can go other way and damage reputation of anything he dislikes. I hope he will keep loving and supporting crypto. I guess he sees crypto as innovation so probably likes its existence.

[Outhue]

It's all business, Elon Musk is smart and a smart rich man who is out of cryptocurrency don't know what he is doing, another rich figure that's into crypto is Kiyosaki, Elon already is a popular figure and he careful choose Doge coin for some reason, if you look at things carefully Doge coin is still better than many altcoins in crypto space.

The case of John McAfee was different, Elon won't end up like McAfee because I was present when McAfee was shilling useless tokens, resulting in big losses and a few of the shitcoins exits scam, this is one of the reasons why SEC was after McAfee before he died.

[rdbase]

It's all business, Elon Musk is smart and a smart rich man who is out of cryptocurrency don't know what he is doing, another rich figure that's into crypto is Kiyosaki, Elon already is a popular figure and he careful choose Doge coin for some reason, if you look at things carefully Doge coin is still better than many altcoins in crypto space.

The case of John McAfee was different, Elon won't end up like McAfee because I was present when McAfee was shilling useless tokens, resulting in big losses and a few of the shitcoins exits scam, this is one of the reasons why SEC was after McAfee before he died.

McAfee and Musk are complete polar opposites in my point of view.
John was a recluse and ran to another country when he didn't want to pay taxes and the government was hunting him down for it.
While Elon is outgoing as you can see in the above photo at the World Cup in the so called Owner's box of the event and is completely transparent in his business affairs.
Which does pose a threat to the United States national security as the Biden administration is condemning him for now with this selfie post by a foreign propagandistic iinfluencer of the russian type persuasion.

There was an Oscar winner in this years Academy awards which puts a spotlight on such people in the media but in this case they were against the empire.

[tjtonmoy]

The whole crypto industry exists on people's belief. If no one shows any interest on any kind of crypto then it's doomed. But it's not a bad thing by any means. People do trust crypto today and will continue to do so in the coming future. But when in comes to following one person to trust the whole system is kind of foolish from my POV.
And on a recent tweet of Elon, he said and I quote “I used to be in crypto, but now I got interested in AI"

I don't know if he is still going to support crypto like he did before.

[rdbase]

^^ Right @ tjtonmoy  

Elon has lost interest in cryptocurrency and his new fascination is in artificial intelligence.

"Elon Musk, CEO of SpaceX and Tesla, has been a prominent figure in the world of cryptocurrency, especially Dogecoin. According to  recent tweets, it appears that he may have lost enthusiasm for the meme-inspired cryptocurrency, as he has expressed a newfound interest in AI.
Given Musk’s current fascination with AI, it’s possible that he could have an interest in RenQ Finance, as the platform is designed to be AI-friendly. This means that it can integrate AI technologies to enhance it's services and improve the user experience.
However, this shift in interest has caused concern among DOGE investors regarding the future of their investments. In this article, we will delve into the recent developments surrounding Elon Musk and Dogecoin, as well as provide insights on Cardano (ADA) price predictions. Additionally, we will examine how RenQ Finance is poised to lead defi space in 2023.

Elon Musk and Dogecoin (DOGE)
Musk’s tweets have historically had a substantial impact on the price of Dogecoin. However, his recent social media activity suggests a waning interest in cryptocurrency. On March 3, 2023, Musk tweeted, “I used to be in crypto, but now I got interested in AI." Additionally, in the previous month, the tech mogul warned of AI being one of the most significant threats to the future of humanity. Back in July 2020, Musk predicted that AI would be ‘vastly smarter’ than humans and would surpass us by 2025.

These remarks have contributed to a significant decline in the price of DOGE. As of March 20, 2023, the cryptocurrency’s value had decreased by approximately 4.30% over the last 24 hours, trading at $0.07, with a market capitalization of roughly $9 billion."
source from article at:
https://www.analyticsinsight.net/elon-musk-loses-interest-in-dogecoin-doge-cardano-ada-price-prediction-renq-finance-renq-to-lead-the-defi-space-in-2023

[rdbase]

Elon Musk says Twitter is now worth less than half of the $44 billion paid less than 7 months ago.
https://www.tmz.com/2023/03/26/elon-musk-twitter-worth-20-billion-bought-44-billion-email
https://www.theverge.com/2023/3/26/23657182/elon-musk-twitter-employee-stock-grants-valuation
https://www.theguardian.com/technology/2023/mar/26/elon-musk-twitter-value-leaked-memo-less-than-half-paid

Atleast he had a good time at being The Big Boss of the Socials and seemed to have fun at trolling everybody he had any sort of contempt towards while doing it.
So probably worth the over $20+billion he overpaid after all is said and done, for this richest man of the world.

[rdbase]

He tweets about dogecoin and it surges in price, common knowledge about the twitter CEO and his infamous tweets about anything to do with crypto.
But did you know he has a dogecoin programmer who works at twitter and he frequently mentions about the coin on the platform?
There is even a picture of the doge coder in the latest tweet last week about it:


https://bitcoinist.com/dogecoin-surges-4-due-to-this-elon-musk-tweet
https://u.today/doge-price-up-4-as-elon-musk-mentions-dogecoin-in-provocative-tweet

[danherbias07]

@rdbase It looks to me like it was just scripted. Either to pump Dogecoin or just to remind people that he owns Twitter because I think they are forgetting it with all the new apps coming out that are way better than it. IMO, buying Twitter was a failed experiment but if that is where his fun is coming from then who are we to stop it?  

He may have pumped the price of Dogecoin after that tweet but it was never long-term. Either investors are starting to see what is really happening or they are just sick about all these pumps and dumps whenever his name is glued into one cryptocurrency, there's no stability, and they may have been losing a lot of money whenever he tries to get out without any warning at all.

He should just go back to where he is good at and if AI is his target now then he should just focus on it. Maybe it will make some profits that would patch the losses from his Twitter investment.

But I don't think he is done with crypto yet.
Like this guy who had been dissecting his tweets using gematria. (the substitution of numbers for letters of the Hebrew alphabet)
https://www.youtube.com/watch?v=cZQ0x0ERWz8
First, was the spongebob meme with a "neenah" code.  = Dogelon Mars
Then, this popular Ben Affleck matrix with "prettycooltime" encoded in it. = Dogelon to the Mars.

Assuming this dude is right, he is secretly sending messages to investors about what to buy.

[rdbase]

An interesting find @danherbias07 so thanks for bringing this with the coding words into his meme posts into focus for us.
But if pumping the price of any altcoin and the influencer is aware of this form their followers, then isn't this manipulating the market for that one altcoin?
He was alright in court once for such claims when it came to his other company's stock and telling investors to sell then dumping the stock.

[rdbase]

Twitter changes their logo from the original blue bird to a dog meme that is alot like the shiba inu Dogecoin about an hour ago.

https://twitter.com/unusual_whales/status/1642946144815943683

Causing the coin to spike about 19.5% since it happened.

Elon even responds to this happening with a rather entertaining suggestion about dogecoin:
https://twitter.com/elonmusk/status/1642962756906418176

[Casdinyard]

Elon has been a big meme guy so it doesn't come as a surprise that between bitcoin and Dogecoin, the guy will pick the latter. Although honestly speaking, I don't think he's doing all of this in an attempt to realizing uis philantrophistic worldviews and make the world a better place by making everybody onboard the crypto train rich, I have a hunch that he's doing tuis for personal gain to maybe artificially pump his DOGE reserves and make Tesla's value appreciate once again just like what it did in the past or perhaps something along those lines. After consistently shooting himself in the foot countless times, it's just getting harder and harder to trust the guy.