Musk cares for $TSLA, not Bitcoin

[swiftbits]

Right! If not all, but most of us are into investing. Crypto involves money, his influence and wide audience can boost every insight he got and reach potential people from the crypto community.

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[Imran232]

Isn't it fair to think about mine profit? Yes, it is. Elon Musk also done the same thing with him. He saw bitcoin is the place what has hype where only has investors or money mad People and we know that he has a brain where has lots of idea to make money. And he use his brain he comes into bitcoin creat his hype gain attention from investors out side of crypto investors being a hyped person on news through bitcoin. Which gives tesla more investors. Then after some time elon becomes a simple man on crypto then he start a negative thing to get more attention by negatively but get attention is more needed. Which was his attention and in my opinion he will do it until he is being satisfied.

[leea-1334]

When I told my wife that Musk bought Bitcoin she said "oh thats not going to end well"

What was supposed to happen? EM to sell his shares in Tesla, relinquish his position
and turn his 100% attention to SpaceX and Bitcoin? No

Of course not right? But now he may be pressured already to do something not quite as drastic but to clip his influence. Other people holding shares like him will not be happy he is seeming tog et distracted.

Oh,,, and your wife is a Musk fan or a Bitcoin fan? Or just observer and you are the use? I wish I had someone significant sharing my love for Bitcoin:)

[Nightz]

This will be my final post about Elon Musk, and seriously we have all given too much attention to his shenanigans.
From the beginning, I was trying to understand his game and why he got into Bitcoin in the first place.
Musk has a very long file of tweets moving the price of Tesla since 2018. He (ab)uses his Twitter power to push prices.
His Bitcoin adventure though wasn't seen very positively by Tesla investors.

The YTD $TSLA chart is the reason for every tweet made by Musk. Tesla is down from ATH by a huge percentage and investors are not quite happy with that.
This is not just $1,5 billion but hundreds of billions.

He doesn't tweet to crash BTC, he doesn't care about Bitcoin, he only cares about his companies. He tried what was a trick to gain more popularity and entered the crypto world, but things didn't turn out as he expected, because many traditional investors dumped $TSLA for this reason.

The worst part is that Bitcoin is left now with Musk manipulating price, just for the shake of the price of $TSLA. I hope this resolves quickly and Musk loses his influence, but this will require giving a lot less attention to individuals trying to gain attention.

I would argue he also cares about showing his muscles everywhere in the world in every important sector. Cryptocurrencies has obviously become one of them so why not show the world that he can push Dogecoin through the roof and laugh authorities like the SEC straight in the face?

Musk is crazy, he is a genius and a maniac and what not, but you can't deny that this guy delivers on his promises and way beyond. Or maybe not on his promises, but he exceeds almost every human being on planet earth in terms of execution. That guy is out of this world in that regard. Building an internet bookstore and growing from there is one thing and what Bezos did is huge, but how the heck would you start to build a Tesla? I would be overwhelmed just with the thought process and I would give up for sure. Hats off to what he has achieved in his life already. It isn't just a piece of paper with a drawing by an engineer, like a prototype. His cars are *** driving. And his rockets are *** flying into space, come back and land.

[Altcoinsintel]

I would argue he also cares about showing his muscles everywhere in the world in every important sector. Cryptocurrencies has obviously become one of them so why not show the world that he can push Dogecoin through the roof and laugh authorities like the SEC straight in the face?

Musk is crazy, he is a genius and a maniac and what not, but you can't deny that this guy delivers on his promises and way beyond. Or maybe not on his promises, but he exceeds almost every human being on planet earth in terms of execution. That guy is out of this world in that regard. Building an internet bookstore and growing from there is one thing and what Bezos did is huge, but how the heck would you start to build a Tesla? I would be overwhelmed just with the thought process and I would give up for sure. Hats off to what he has achieved in his life already. It isn't just a piece of paper with a drawing by an engineer, like a prototype. His cars are *** driving. And his rockets are *** flying into space, come back and land.

I don't know why he is called a genius so often. I have my reservations. He delivers part of his promises, those feasible. The unrealistic ones are there for the hype.
More time is needed to judge. Too many snowflakes appeared out of nowhere and disappeared like that.

[The Cryptovator]

Come on man! Who is about Bitcoin? If we are honest, then we are all here to make money from Bitcoin. Even we do not care about Bitcoin technology. Then how can we expect Elon will care about Bitcoin? Does it really need to care about Bitcoin by an institution or by a person? Was it the goal of Bitcoin creation? Elon needs to make money, doesn't matter it's from doge or Bitcoin. No doubts if you have a big company like Tesla then you would care about your company. Not for Bitcoin which is backed by the community. We can't say wrong in this case. If you say Elon is manipulating the markets, then I would agree.

[Alanaz]

I think that Tesla and bitcoin have nothing to do with it at all, Elon's case about bitcoin cares or not, he knows for sure from all his posts about bitcoin, the motive is clear, namely buying at a very low price and selling at a high price.
for tesla it's different, it's just one of his options in using the money and getting more results than this.
For Tesla's own stock, which basically declined from the start, the price of Tesla's shares was already high and had nothing to do with bitcoin.

[perfect999]

This will be my final post about Elon Musk, and seriously we have all given too much attention to his shenanigans.
From the beginning, I was trying to understand his game and why he got into Bitcoin in the first place.
Musk has a very long file of tweets moving the price of Tesla since 2018. He (ab)uses his Twitter power to push prices.

No matter how much you try to avoid him, he’s already an influential, and the problem here is that whatever he says the media will always carry it and spread the news and a lot of people are going to see it and believe it. And there are also lots of people that are following him on social media and most of them can be so dumb to believe everything he says. So, that’s the problem here.

But it’s all a matter of time, it will all pass, people will get used to it and they will stop taking him serious and that’s it. At that time he will lose his grip on cryptocurrency. And I believe that the reason he invested in bitcoin was just to manipulate the market and make more money.

[(o)(o)ilikeboobs(o)(o)]

Anonymous spoke up and had a pervasive effect. People together overcome FUDs from Elon Musk, China because everyone understands the value of Crypto.
Elon Musk toyed with his tweets and ended up choosing TESLA and his other companies. It is possible that TESLA sold off its Bitcoins during the recent drop.
We should be glad that decentralization won out in the end.

[Naficopa]

And its irony that bitcointlk.org is giving too much attention to Musk. It's not Musk who is worthy rather it's us who made him worthy by discussing him again and again.
If he cares about TESLA then what's wrong in it, it's his company. We the bitcoin community should care more about bitcoin rather the MUSK tweets.

[pugss]

My own greed and Musk manipulation left me with nothing

[Lorence.xD]

My own greed and Musk manipulation left me with nothing

I hope that you have learned a lesson regarding investing and following influential people for investing signals. Also, this shouldn't be a no-brainer that he cares about Tesla more than bitcoin, it's his company after all.

[Henrobakkara]

Whether the two can be correlated or not, I do believe that there's is a reason behind this Bitcoin move that Elon musk made. He wouldn't just be doing that out of no where with no purpose and whether it worked out for him or not cannot also be justified but I would say that all the people that are quick to react to his tweets will have to understand sooner that Elon never had any good thoughts for Bitcoin in the real sense but to be used as a tool to achieve something else.

[Dread Pirate Roberts]

it is certain that he supports his project, if he supports his project in the crypto circle, he should not talk bad about bitcoin before. because all altcoins will inevitably depend on bitcoin later. and it seems that a lot of people have realized that he doesn't fully support bitcoin. after some of his recent tweet about bitcoin.

[onecall123]

it is certain that he supports his project, if he supports his project in the crypto circle, he should not talk bad about bitcoin before. because all altcoins will inevitably depend on bitcoin later. and it seems that a lot of people have realized that he doesn't fully support bitcoin. after some of his recent tweet about bitcoin.

It's certain that Bitcoin control the crypto market, whether he support Bitcoin or not it's obvious BTC is here to stay. It's short-term effect Elon Musk believers have very little confidence in the market but how long this guy go through with his plan? If volatile doesn't scare you then Elon tweets won't control you longer.

[worle1bm]

The Tesla price drop has nothing to do with the Bitcoin price drop.Tesla stocks were and still are overpriced.
Musk doesn't care about Bitcoin,just like 80% of all the investors,who bought Bitcoin.They care only about prices and profit margins.Everything is about "buy low,sell high".
Tesla would never cost hundreds of billions of dollars,if the government wasn't supporting that company with regulatory credits.

You mean the Elon Musk tweets didn't affect the price of Bitcoin at all but were totally irrelevant?

There is no doubt that all his tweets were intentionally made to manipulate the prices of Bitcoin.What @davis196 was trying to say was thay he really don't care about bitcoin and wants only profits which he made from $1.5 billion investment of Tesla funds and already made fortune from them.And these tweets were made because the government was funding Tesla from a long time and suddenly their support increased after he started making false accusations against bitcoin.He manipulated the market first to increase the prices and gain profit and afterwards make claims of energy consumption seriously dude? He was just messing up the market on federal signs.

[Y199612]

There is no doubt that all his tweets were intentionally made to manipulate the prices of Bitcoin.

[UKprod]

I believe it was Musk's immature behavior and contradictions with his own statements that changed the perspective of people. The image of the leader of a company always affects the share price and Tesla was nothing different. Guess, he ought to be more careful with his tweets in the future.

[isaac_clarke22]

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I did not expect when it was the freshly reported.
I don't even know what's the connection of Anonymous to Bitcoin, though I think they gotta do something about it at least.
Hopefully this Elon Musk trend should be laid to rest already, it is getting ridiculous the more attention we give.

[arwin100]

I believe it was Musk's immature behavior and contradictions with his own statements that changed the perspective of people. The image of the leader of a company always affects the share price and Tesla was nothing different. Guess, he ought to be more careful with his tweets in the future.

Yeah the respect of people has been taken out and this could affect their sales in the long run, imagine how many people got rekt by his manipulating tweet for sure many will get turn off and find justice for what they are experiencing right now. I believe if Musk will not change his attitude there will be time that Tesla will be out played by other automaker since how could people buy if they hate the owner. For now its really better to tale precaution on what he tweets to avoid huge risk.