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Author Topic: STOP ELON - New BSC Token in protest of Elon's Market Manipulation  (Read 243 times)
Devacor (OP)
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May 16, 2021, 09:29:03 AM
 #1

💥STOP ELON💥

Elon Musk is an influential, if controversial public figure. The wealthiest man alive with a vision for the future, but a penchant for divisive tweets and public statements that has captured the imagination of part of the crypto space for better or worse. His influence on Doge is brazen, and Tesla's high profile interactions with Bitcoin have grabbed headlines this year as well.

However, the crypto markets were sent reeling recently when the TechnoKing announced to the world that Tesla would no longer be accepting bitcoin payments after citing environmental concerns, though they had no plans to divest themselves further of current holdings.

This has sparked a wave of backlash, anger, and the emergence of a token on the Binance Smart Chain called "StopElon" which has surpassed $3 million dollars in market cap recently. The creators of this token have the following criticisms of the tech billionaire:

1) Tesla and Elon both must have been aware of the environmental impacts of bitcoin mining from the outset. To come out months later with these concerns after spending 1.5 billion dollars on the asset seems manipulative. Many articles compare the environmental costs of mining Bitcoin and authenticating transactions on the block chain favorably to traditional financial system transaction costs and gold mining operations around the world.

2) Immediately following this, Elon posted: "Working with Doge devs to improve system transaction efficiency. Potentially promising." It should be noted that, in the past, Elon was personally pumping Doge the whole time Tesla was buying Bitcoin. It should be noted that a recent anticipated Saturday Night Live appearance disappointed fans of Dogecoin earlier in the week though it is holding strong since.

3) Tesla has already profited significantly off of its Bitcoin investment, but the details of halting payments for its vehicles in the digital asset were only released well after closing out 10% of its holdings for a massive profit.

It's clear that the token developer and supporters would like Elon Musk to stop orchestrating pump and dump news cycles around various cryptocurrencies and focus more on his business ventures

With the recent surge in popularity of the token, (and other knock-offs of a similar name,) it's clear his critics are seeking ways to express themselves. This token may be interesting to watch in the future as controversial moves and comments seem to be a regular occurrence for Elon.

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🤜 Website: https://www.stopelon.space/
🤜 Telegram: https://t.me/FuckElon_BSC //We used to be FuckElon but had a seamless airdrop to the new token contract to resolve a bug.
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May 16, 2021, 09:39:18 AM
 #2

The charts seems good.  The whole crypto market is ruined by him. I will support your cause.
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May 16, 2021, 09:54:54 AM
 #3

And what exactly will be the purpose of this token? How will another shittoken help the crypto community?
This seems like another quick money grab for developers.

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May 16, 2021, 10:29:19 PM
 #4

And what exactly will be the purpose of this token? How will another shittoken help the crypto community?
This seems like another quick money grab for developers.

this is the problem here. is the project using the name of elon just to gain sympathy from others? i have the feeling also that this is just another money-grab project. they are criticising elon, and yet, they have the potential to ruin some of users' funds. what are their tangible plans on how to stop elon from doing what he is doing? i don't think they have the capability to stop him from his business agenda.
for those that will be attracted by their vendetta, not only think twice but many times over, this will be the fast way to screw your funds, not because of elon's tweets.

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May 16, 2021, 11:31:42 PM
 #5

And what exactly will be the purpose of this token? How will another shittoken help the crypto community?
This seems like another quick money grab for developers.
Even someone already created a petition for elon and he was publishing his petition on the altcoin discussion section. this could be a protest token and the same time money grabber token. We didn't need this one. Basically, people can prevent it by not following elon. When he was tweeting for doge and if we didn't buy doge and FOMO will not happen. These days people are thinking irrationally caused by they greed to earn profit from the market.
people are so crazy right now. I hope this trend will end very soon.

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May 17, 2021, 05:37:07 AM
 #6

Hey all, some really good comments here.

1) This is a shitcoin. I think it is a shitcoin that has a likely path to large gains in the short to medium time frame simply because Elon is genuinely turning the entire crypto market against him and people are seeking ways to EXPRESS themselves in this regard.

Yes. That's a shallow use case, but it's a bit more than some of these other garbage projects. At the very least there's an actual event around it.

Compare this to ElonGate and I think it at least compares favorably in terms of theme and relevance.

2) You may say that the best course of action is to simply *not engage* with Elon. I think that's the long term. But in the short term, the reality is that this single individual has tanked the entire market.

There will be a time for ignoring. This token is the time for addressing.


___


None of this constitutes investment advice, and I am not saying this altcoin is similar to something like Tru trying to solve a real use case. But. If you're pissed off at Elon and want to commiserate and put some cash on the table and see it go up. That's all this is.

The developers have so far proven themselves honest and trustworthy, so it isn't a rug pull. That's half the battle with some of these meme coins.

<3
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May 17, 2021, 11:07:36 AM
 #7

I still think this token is worthless. If you want to protest Elon's manipulation, then report him to the court, or stop following his advice, and encourage others to do so. This token is just a shallow attempt to get money from retail investors as usual. It's not better at all.

If it's a fair launch it might be a bit better, but if the dev can mint anytime he wanted to, it's a clear cash grab.
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May 17, 2021, 04:47:11 PM
 #8

Hey all, some really good comments here.

None of this constitutes investment advice, and I am not saying this altcoin is similar to something like Tru trying to solve a real use case. But. If you're pissed off at Elon and want to commiserate and put some cash on the table and see it go up. That's all this is.

The developers have so far proven themselves honest and trustworthy, so it isn't a rug pull. That's half the battle with some of these meme coins.

<3

Ok, let's say you manage to gather people around and, as you say it, put some cash on the table, and then what? How exactly will this act against Elon and the whole trail of mess behind him? Buy tesla's stock? That's the final step? How'll that stop his influence and his blind followers?

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May 17, 2021, 05:37:17 PM
Last edit: May 18, 2021, 08:44:12 AM by Dron Pelya
 #9

I don't like the way how Musk use his impact on society either. I don't like what he doing with market. But unfortunately, I don't see how we can change it using this new token.
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May 20, 2021, 08:16:37 AM
 #10

I still think this token is worthless. If you want to protest Elon's manipulation, then report him to the court, or stop following his advice, and encourage others to do so. This token is just a shallow attempt to get money from retail investors as usual. It's not better at all.

If it's a fair launch it might be a bit better, but if the dev can mint anytime he wanted to, it's a clear cash grab.
Did you ever check how to create a Token on Binance Smart Chain? It is super easy, you just need to pay a specific amount of BNB to create a token there. In this case I would definitely not call someone who can doa few clicks a "dev". Everyone can do that very easily and it is an insult for every "real" developer.
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May 20, 2021, 11:31:03 AM
 #11


this is the problem here. is the project using the name of elon just to gain sympathy from others? i have the feeling also that this is just another money-grab project. they are criticising elon, and yet, they have the potential to ruin some of users' funds. what are their tangible plans on how to stop elon from doing what he is doing? i don't think they have the capability to stop him from his business agenda.
for those that will be attracted by their vendetta, not only think twice but many times over, this will be the fast way to screw your funds, not because of elon's tweets.

Yes, we know that Elon is good at manipulating the market. We cannot change this. You can only follow his words and react to it. So you can make money)
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May 20, 2021, 11:45:21 PM
 #12

Yes, we know that Elon is good at manipulating the market. We cannot change this. You can only follow his words and react to it. So you can make money)
He's only good at making a profit for himself, using his reputation for it. I think right now a lot of traders are experiencing losses due to prank that he did on one of the crypto coin. It's indeed, it didn't matter, but gradually he would lose his reputation.
Also again, this token wouldn't give any slightest influence on it, nothing but just to grab money from community.

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May 21, 2021, 02:22:12 AM
 #13

I don't like the way how Musk use his impact on society either. I don't like what he doing with market. But unfortunately, I don't see how we can change it using this new token.
We can change nothing but the creator of this token gets more opportunity to grab money from the market and what's the differences between the creator of this token and elon?
I see no differences between both of parties.
This token totally useless token and it will be the same lika another scam coin in the market. This token is a joke coin.
people should never by any garbage token like this one.
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May 21, 2021, 12:57:16 PM
 #14


this is the problem here. is the project using the name of elon just to gain sympathy from others? i have the feeling also that this is just another money-grab project. they are criticising elon, and yet, they have the potential to ruin some of users' funds. what are their tangible plans on how to stop elon from doing what he is doing? i don't think they have the capability to stop him from his business agenda.
for those that will be attracted by their vendetta, not only think twice but many times over, this will be the fast way to screw your funds, not because of elon's tweets.

Yes, we know that Elon is good at manipulating the market. We cannot change this. You can only follow his words and react to it. So you can make money)

Will have two different impacts from what Elon's tweet has made to date. some people still believe that coins will increase and some coins will not make a profit. But be careful of the tweet that is made because it can make a bad trap for you.

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May 21, 2021, 10:32:03 PM
 #15

I see no differences between both of parties.
This token totally useless token and it will be the same lika another scam coin in the market. This token is a joke coin.
people should never by any garbage token like this one.
Yeah sure, this is only a joke coin like dogecoin, but doge got the inspiration first. All thing that will be sure about token like this is "have short lifespan".
I'll put my bet in, there will be no jokes coin alive has long as Dogecoin.
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May 22, 2021, 08:12:36 AM
 #16

Even if we imagine that this token can change something in Elon manipulating market, in a few month maybe we will forget about Elon and his tweets, as he can lose interest in crypto. So what will your token be needed for at this case?

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May 22, 2021, 10:39:17 AM
 #17

Hell, I also don't quite understand what these tokens are for ,but I bought them a little just in case, the crypto market is unpredictable  Wink
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May 22, 2021, 11:43:26 AM
 #18

Hell, I also don't quite understand what these tokens are for ,but I bought them a little just in case, the crypto market is unpredictable  Wink

I don't think it has any hope or the benefit of unpredictability at all, dev seems to leave the thread once he noticed difficult questions addressed to him. It's a newborn project and he already offline for 4 days

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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husnija
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May 22, 2021, 04:26:35 PM
 #19

it's impossible to stop Elon from making a tweet, for those who are new to be impressionable. i support this action as a form of resistance, at least it can awaken people who are already indoctrinated

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budlo
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May 23, 2021, 11:01:37 AM
 #20

Another empty project, which on the hype, using the name Musk, attracts attention. This cannot affect either Elon or this tweet. What kind of protest can we talk about. This is really funny. But hamsters never cease to amaze.
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