Elon Musk once again throwing shade at bitcoin

[Kakmakr]

Elon Musk do not do something for nothing....

I think he is going to do another Doge pump, like he did with Shiba ..to give some people a nice Christmas gift. He did not disappoint the last time he did this and a lot of people made a lot of profit.

He said he pumped Doge as a joke the last time he did that, but I think he tested the waters to see if people will follow his "triggers" and if it will shift the market for Doge. 

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[Rufsilf]

It's funny how he says this, yet the largest % of his stack (by far) is bitcoin. He has stated a few times that the only crypto he owns is bitcoin, ethereum, and some doge.

He even clarifies that the doge he has was all mined. He has not spent a single dollar on dogecoin.

When asked why he supports dogecoin he said, "I like memes and dogs."    Solid reasoning!

That's exactly the reason why people should stop following Elon Musk because as the OP said, we can't for sure knoe what is his motive or he thinks because maybe he's just only up to manipulate markets to his own benefit and dump it again after. Now that Elon Musk is again on the move and trying to pump Doge after his tweet that his pro-doge even though his past statements doesn't match well.

[Ararbermas]

He's basing on the situation wherein obviously its bear market. Lol for sure that guy wants to convince investors to focus on Doge coin because it's on the very dip level and also because of being so very stagnant for how many months.. and now he's using social media with thousands of followers to make fun again with big investors.. A very common technique from elon musk from the beginning until now . Lol

[SFR10]

Think you know Elon? Maybe not as much as you think .. https://youtu.be/c-FGwDDc-s8

I only knew around 1/4th of its content and that further confirms EM is nothing but just a clown ^{[e.g. another one of his masterpieces]}!
^{- Considering how he usually acts as a whole, I don't think we're dealing with what's on the subject field [he's just another attention-seeking whore]!}

He even clarifies that the doge he has was all mined. He has not spent a single dollar on dogecoin.

Technically, he still has to spend a certain amount to acquire mining rigs.

It is also interesting to note the diminishing effects of Elon Musk and his tweets in the cryptocurrency market as a whole.

The best thing that came out from those non-stop nonsensical tweets.

[Welsh]

Seriously, don't waste too much time into reading too deeply into his Tweets.

It doesn't take much research into his Twitter profile to determine that he trolls a lot, and not just about cryptocurrencies. The guy enjoys it, and the reason he enjoys it is because he gets attention from it. Elon Musk's words to a lot of people mean a lot because hes perceived to be a smart guy, genius by some because of that he enjoys the sort of authority that comes with that.

I definitely can't criticize him on his accomplishments, but I'm also not looking for his head because hes said a few things that could be seen as detrimental to Bitcoin. People have opinions, it just so happens this one has millions of followers who take every word he says seriously.

[buwaytress]

Seriously, don't waste too much time into reading too deeply into his Tweets.

It doesn't take much research into his Twitter profile to determine that he trolls a lot, and not just about cryptocurrencies. The guy enjoys it, and the reason he enjoys it is because he gets attention from it. Elon Musk's words to a lot of people mean a lot because hes perceived to be a smart guy, genius by some because of that he enjoys the sort of authority that comes with that.

I definitely can't criticize him on his accomplishments, but I'm also not looking for his head because hes said a few things that could be seen as detrimental to Bitcoin. People have opinions, it just so happens this one has millions of followers who take every word he says seriously.

Amen. He and most of Twitter. It's kind of exactly what it was built for, so can't argue it isn't achieving its purpose.

I'm not going to judge anyone; I'm not ready to have my own actions judged. You don't have to like him or shade-throwers though to appreciate the fact that FUD (even when obvious trolling like Musk) is actually good for Bitcoin.

I mean, what doesn't kill it makes it stronger, right? Keeps getting proven time and again.

[Ultegra134]

Seriously, don't waste too much time into reading too deeply into his Tweets.

It doesn't take much research into his Twitter profile to determine that he trolls a lot, and not just about cryptocurrencies. The guy enjoys it, and the reason he enjoys it is because he gets attention from it. Elon Musk's words to a lot of people mean a lot because hes perceived to be a smart guy, genius by some because of that he enjoys the sort of authority that comes with that.

I definitely can't criticize him on his accomplishments, but I'm also not looking for his head because hes said a few things that could be seen as detrimental to Bitcoin. People have opinions, it just so happens this one has millions of followers who take every word he says seriously.

Amen. He and most of Twitter. It's kind of exactly what it was built for, so can't argue it isn't achieving its purpose.

I'm not going to judge anyone; I'm not ready to have my own actions judged. You don't have to like him or shade-throwers though to appreciate the fact that FUD (even when obvious trolling like Musk) is actually good for Bitcoin.

I mean, what doesn't kill it makes it stronger, right? Keeps getting proven time and again.

Elon Musk generated a lot of hype a few months ago, with both Bitcoin and Dogecoin, which definitely attracted a lot of people and investors. A lot of people were bashing at Elon, due to the outcome of his tweets, it was expected that the hype train would eventually finish, with the market crashing down shortly after. I respect Elon, he's a genius, and I also believe that his impact will ultimately have a positive effect for Bitcoin and crypto in general.

[ChiBitCTy]

It's funny how he says this, yet the largest % of his stack (by far) is bitcoin. He has stated a few times that the only crypto he owns is bitcoin, ethereum, and some doge.

He even clarifies that the doge he has was all mined. He has not spent a single dollar on dogecoin.

When asked why he supports dogecoin he said, "I like memes and dogs."    Solid reasoning!

Lol I know right, “memes and dogs”..honestly when I heard him say this to me if just seemed like he was proving his lack of knowledge. He’s said this stuff a multitude of times and during very serious conversations which is just utterly embarrassing. He had his chance to state why he believes in dogecoin and that’s what he said lol..proves a lot on my mind.

Some of you seem to be having a hard time reading between the lines.  He’s absolutely throwing shade at bitcoin, like he’s done many times before.

[kro55]

He is pro doge! that's really funny. If he had shame, he would not talk like that.
people who invested in dogecoin by seeing Elons FOMO over social media already lost their funds now. I don't think any victims who have been deceived by Doge coins will ever believe any statement of Elon Musk. After his company made a profit from Bitcoin, they felt that Bitcoin mining was harmful to the environment. What could be more ungrateful than this! In fact, he wanted to take advantage of it by creating an unstable environment in the market.

[hyudien]

I can only say that it all started with a loyal fan of Elon, the root of the problem is what he tweets then his loyal followers move. I don't know what the followers were thinking, so as soon as Elon said one word, there were a thousand steps into the market at the same time. Losses, manipulation, and many people I know fell to the brink of destruction because of the tweets he made. Execution in the market is not him or his mother, but who became loyal followers on Twitter.

What is the meaning of this incident? 0.1% Bitcoin and the rest of the coin memes have become a place to manipulate prices. Huge impacts occur everywhere, many scammers create various kinds of meme coin, I'm lazy to mention it because it took 1 year. What I dislike the most is when the concept of decentralization gets messed up and goes off track.

[Coyster]

I've said this a couple of times before, and I still beg to reiterate, Elon Musks's negative tweets about Bitcoin can only have an ephemeral effect on the network, just a short time and quite a lot of people already forget what he said or the troll he made, thus that's enough reason to be less concerned about tweets from him. If Bitcoin were to be a pump and dump coin, or a coin controlled by a few whales, then his tweets could have had a lethal effect on the network, but since Bitcoin is none of that, it doesn't matter if it's Elon Twitting, or China banning, or CBDC launching, etc, the network will still take its shape again and bounce back up after any/every setback.

[aoluain]

I've said it before, but I don't actually think Elon is pro Doge or anything. This to me again comes off as a sort of tongue in cheek remark. We know that Elon Musk likes to troll on Twitter, and to me this just seems like subtle trolling. Elon Musk will know what Doge is, and he'll know why it doesn't stand up to Bitcoin at the moment. He definitely isn't stupid, despite the consensus around here.

Besides, it doesn't really matter what he thinks. I do believe he influenced the market a little bit with the drama initially surrounding Tesla, and him. However, I think as time goes on people are more aware of his trolling nature, and the fact that what he says doesn't really mean a lot in the grand scheme of things for Bitcoin.

Exactly the same thoughts here. Elon is playing a game, playing with us, albeit in a subtle way. The loser is definitely the one who will take him or his tweets seriously. Elon's trolling resume is rather open to the public. He's got the track record of making tongue-in-cheek statements over Twitter. And he's obviously having fun in the way people, the media, even the market, and so on react to them. At the end of the day, I doubt he meant most, if not all, of them seriously. So, I guess it is long overdue that we shouldn't also take him or his statements seriously.

Well I really hope more people now know to disregard what Musk says in
relation to anything crypto, the man cant be trusted and probably only trolls
to see what effects he can have on the markets.

I'm one who couldnt care less anymore what he has to say about Bitcoin and crypto.

[eaLiTy]

I think he is going to do another Doge pump, like he did with Shiba ..to give some people a nice Christmas gift. He did not disappoint the last time he did this and a lot of people made a lot of profit.

May be is giving a Christmas and New Year pump for anyone following his twitter page and jump into anything he says  . I think he recently said he will be accepting Doge to purchase Tesla but that did not make any change in the market but right now the market is seeing some momentum and he is sneaky with his shilling .

He said he pumped Doge as a joke the last time he did that, but I think he tested the waters to see if people will follow his "triggers" and if it will shift the market for Doge.  

Elon is not new in pumping the market, he was doing that in the stock market where anything he says usually rallies, so he knew he had an army of investors who would jump into anything he says.

[Hypnosis00]

People nowadays  have become smarter that they don't care anymore whatever the tweets of Elon. Of course they can't avoid the fact that Elon is a great influencer but now that they have realized that Elon is no good for nothing, so they trust their selves more than Elon alone. Whatever Elon will do now and in the future, that will create no impact at all.

They are not just smarter but actually, people know what really he wants to crypto and that simply to promote his Tesla company.

That you are right, he can be an influencer for his whole life and is capable of doing it. In fact, we are somewhat a victim to this before and we thought he can be helpful to us but unfortunately, he only ruins Bitcoin and just shills Dogecoin for his own benefit.

Well, he has the right of doing it but people don't like it, though. We learn from it and have not to listen to Musk anymore.

[livingfree]

It's just pure manipulation. He knows how powerful he is and people are chasing him for his tweets and seeing how to play with it.

The other term for it is that he's trolling around. He likes the attention of people from the crypto community and he keeps on being fed.

People should just stop looking at his tweets related to crypto but if it's related to SpaceX and other of his business, I'm reading them.

[ipanks]

Hopefully, people will not react too much to Elon's tweet. Elon is still trying to gain popularity as before. People already saw what Elon did and learned its impact, so hopefully, people can stay calm and disregard that. But Elon will not stop interfering with the crypto market because he knows that the crypto market is something big that can give him more profit. Someday, people will not care about Elon and will let him do anything he wants, while people will focus on something more important than just thinking about Elon's tweet.

[The Cryptovator]

This is the way of filling pockets. Also, that indicates he doesn't have enough faith in Bitcoin decentralization. Rather than he believes in doge shit. However, it's an old tactic to pump a coin by Elon. He will just crap the money from the market. He is a multi-Billionaire and he needs more. But as I can see most of the time crypto community doesn't react to his comment. Because everyone already knows how he manipulates the market and fills his bag. At least I am not following nor reacting based on his tweets. Perhaps a few more whales just follow him to take a chance.

[Fundamentals Of]

Whatever! Whatever Elon says, it cannot stop the growth of Bitcoin. Neither will it stop the eventual demise of Dogecoin. Doge may survive for more years but the moment Bitcoin gains the mass adoption that everybody speaks of, Dogecoin will slowly lose use. When lightning network becomes adopted by the majority, Dogecoin will not be attractive anymore. When sats become more and more the unit of account, who needs a cheap Doge? Elon cannot save it.

[Lizzylove1]

Elon Musk is good at mind game. He owns bitcoin together with his company,  yet he keeps pushing Doge to his followers, that to me a big mind game to cause distraction to his unsuspecting followers. Same thing Craig Wright did to his disciples that BSV was the real Satoshi Vision and that bitcoin is now centralized, today his disciples know that they have been fooled having borrowed money to buy shit and shit went down.

[Gyfts]

How is he "throwing shade" at Bitcoin? This is more is his usual trolling antics that he spends a bit too much time doing. His ego won't allow him to concede that he was incorrect about Bitcoin and its energy consumption, so he'll pretend to be "pro cryptocurrency" by throwing a dart on a board and picking whatever meme coin the dart happens to land on.

He doesn't care about doge, he likes the attention.

He was certainly pro Bitcoin when Tesla bought billions. Didn't seem so pro-BTC *after* Tesla made all their profits.