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Author Topic: Elon Musk supporting greener crypto  (Read 242 times)
Psynthax
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May 13, 2021, 11:26:02 AM
 #21

I definitely think there's other ulterior motive behind that statement, I mean, a man that caliber definitely already know that such statement could get the market down and definitely affect psychology of the holders which always follow his idea, I mean I don't oppose him choosing a greener cryptocurrency but stop accepting bitcoin out of the blue just doesn't sit right with me. Not to mention his company is still polluting too anyway, becoming greener should start from his company and then btc gonna follow that by resolving btc's impending problem of massive energy consumption.

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May 13, 2021, 11:32:36 AM
 #22

He is not supporting anything. You guys buying green crypto will get musked again because he is playing you how he wants. People are so easy to manipulate incredible how easy! Use your own mind and stay away. He doesn't care about you at all.

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May 13, 2021, 12:14:18 PM
 #23

Elon Musk is putting the brakes on Bitcoin until the energy issue is sorted out.

He says he is looking at more energy efficient crypto, no doubt "proof of stake" alternatives.

What do you guys think he will go for?

I've got some Cardano and EOS on Coinbase.

These are the list of greener altcoin :
1. Ada cardano
2. Polkadot
3. Xrp
4. Eos
5. Tezos.

And i think the proof of stake coin is more greener then proof of work coin. But the point is " is elon only play us or no ? " why is he still supporting doge coin which also used proof of work and using miner to keep the network.
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May 13, 2021, 01:36:59 PM
 #24

This man's speech will gonna be the center of the decision of those who want to gamble in the investment in the crypto industry. If someone knows what will be the coin he gonna promote next time, its the best to buy it before he even talks about it to maximize your earning. Even that has become a discussion now because everyone really wanted to go first in terms of their investment but they need to be careful as well since this kind of discussion will be used as an alibi to promote a pump and dump coin. everyone should take heed and make their own personal research regarding this issue.

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May 13, 2021, 02:48:02 PM
 #25

I was amazed by the influence of Elon Musk on the crypto market, he seemed to control the market conditions with just a bunch of nonsense. Is it possible that the Elon Musk has an effect on the increase or decrease in crypto that has occurred so far?

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May 13, 2021, 03:11:28 PM
 #26

want to change and give buzz again after being doge and looking for coins that many people don't know about.
very great and of course a lot of capital to buy up all the tokens that haven't changed the increase..

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May 13, 2021, 03:24:59 PM
 #27

Elon Musk is messing up the crypto space and manipulating the price with style. What does doge have to over that it was pumped almost to $1 from 1 cent this year, this can only happen in the crypto space.

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May 13, 2021, 03:30:09 PM
 #28

Tesla is all about electric cars and electric revolution is all about saving the environment through decrease of fossil fuel use and efficient use of electricity. Bitcoin is not an efficient use of electricity at least for current times when most of the electricity produced are still through fossil fuel. But the only criticism of Musk is why didn't he realized a one and a half month ago. Why did they come up with a plan to take bitcoin as payment and after 49 days realized it's not green?
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May 13, 2021, 03:55:14 PM
 #29

Tesla is all about electric cars and electric revolution is all about saving the environment through decrease of fossil fuel use and efficient use of electricity. Bitcoin is not an efficient use of electricity at least for current times when most of the electricity produced are still through fossil fuel. But the only criticism of Musk is why didn't he realized a one and a half month ago. Why did they come up with a plan to take bitcoin as payment and after 49 days realized it's not green?

If you carefully read the comment on his post, then you would know that everyone is laughing at it. After all, there are studies that this is not so, there are even links to these studies. CZ also joked about him and asked how effective fiat funds were. It's funny, but this is an obvious manipulation, even in the media they talked about it and the next day he repeated it.

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