Elon Musk buys Twitter

[romero121]

Elon Musk announced Monday that he has acquired Twitter at his offer price of $54.20 a share or about $44 billion, and plans to take the social media platform private. There were more criticism as well as support on acquiring of Twitter. Once after this price of bitcoin have bounced reaching $40150 from the price around $39300. While writing this post the price of bitcoin have crossed $40450. Almost every cryptocurrency on the coinmarketcap have turned green.

[PX-Z]

and plans to take the social media platform private.

For the information of everybody this mean of elon plans to make the company from public traded to private in which it will no longer listed or traded on a any public stock exchange.

Anyway, I see no connection of this with the current good movement of cryptos. As elon and twitter is still bullish for crypto since then.

[electronicash]

Taking over success for him. No wonder doge jump high.

We will see if he will really make it better for the users and will there be accounts that will be unbanned after. There were influential people talking about the Trump account be unban.

[coupable]

and plans to take the social media platform private.

For the information of everybody this mean of elon plans to make the company from public traded to private in which it will no longer listed or traded on a any public stock exchange.

Anyway, I see no connection of this with the current good movement of cryptos. As elon and twitter is still bullish for crypto since then.

How you see no connections? Twitter supports btc LN and ether for tips and elon musk is an early supporter of bitcoin despite he misused it many times :
- Doge tweets.
- Tesla to accept bitcoin.
Both stories have been bubbled by hype. 

[sheenshane]

For sure Dogecoin now has a place to hype.

Ain't know if this is good or bad news for crypto or Bitcoin itself but it seems the intention of Elon Musk towards this platform is good.
But I tend to agree above, it could be also a misuse that could benefit him and make a hype of any coins that he wanted to pump.

Whatever the hidden agenda why Elon Musk bought this platform, let's hope that's good and based on his proposal, and here's what he says he'll do next.

[PX-Z]

How you see no connections? Twitter supports btc LN and ether for tips and elon musk is an early supporter of bitcoin despite he misused it many times :
- Doge tweets.
- Tesla to accept bitcoin.
Both stories have been bubbled by hype. 

Please comprehend. I know it already. Im talking about the current news direct connections to bitcoin/~crypto. Not twitter supporting btc or elon for doge or tesla to bitcoin, these are already in the past.

Before this news, twitter and elon is already bullish to bitcoin, and doge. So what's new?
Maybe for doge, as it will be may adopted in the platform but how about bitcoin and other crypto?

[mk4]

Elon sure does tweet about DOGE from time to time, but are people actually expecting some DOGE integration? I mean I wouldn't be surprised if they integrated DOGE tipping, but is tipping even something THAT major? I don't think even the bitcoin tipping is being used that much at all.

[bitmover]

Elon sure does tweet about DOGE from time to time, but are people actually expecting some DOGE integration? I mean I wouldn't be surprised if they integrated DOGE tipping, but is tipping even something THAT major? I don't think even the bitcoin tipping is being used that much at all.

The world is so crazy, that the richest man on Earth is chilling a memecoin. It is very likely that dogecoin will have some twitter integration.

With twitter integration, it is expected to have some development on dogecoin code. I would also say that more people will actually buy dogecoin (to tip more) and so on.


Donald trump isnt coming back to twitter even if his account is reinstated lol. I thought he was going to use doge coin too.

https://techcrunch.com/2022/04/25/trump-wont-return-to-twitter/?guccounter=1

[Tipmymeme]

Elon Musk announced Monday that he has acquired Twitter at his offer price of $54.20 a share or about $44 billion, and plans to take the social media platform private. There were more criticism as well as support on acquiring of Twitter. Once after this price of bitcoin have bounced reaching $40150 from the price around $39300. While writing this post the price of bitcoin have crossed $40450. Almost every cryptocurrency on the coinmarketcap have turned green.

https://i.imgur.com/boV1tsH.jpeg

Elon Musk acquiring Twitter is a big win for Web 3.0!

[mk4]

With twitter integration, it is expected to have some development on dogecoin code. I would also say that more people will actually buy dogecoin (to tip more) and so on.

That's a very safe assumption, but I don't think it's anything major at all. People barely tip in the first place even with just USD, what more with a sort of "mid-tier" cryptocurrency. Sure I could see a mid-sized spike up in DOGE tipping after integration, but I expect the usage to be very temporary.

[vstmx]

what would you think the long-term advantage of this acquisition?

[tranthidung]

It seems that Twitter board are more friendly with the offer from Elon Musk and they are seriously taken into consideration Elon's offer to sell Twitter. On top of that, it looks like Elon Musk wants to rebuild Twitter for a freedom of speech, at least for now it is what we know.

I wish him luck to buy Twitter successfully. In case he fails, there is another social media platform for him, it's ccfound. Let's watch and read the letter from ccFOUND's CEO Piotr Michalak

• Elon - watch this video
• I don't know that Elon is aware about ccFOUND or not but I see the core idea behind ccFOUND Portal is perfectly matched with what Elon is looking for
• You can follow Piotr's Twitter for more updates from him

[DanWalker]

For sure Dogecoin now has a place to hype.

Ain't know if this is good or bad news for crypto or Bitcoin itself but it seems the intention of Elon Musk towards this platform is good.
But I tend to agree above, it could be also a misuse that could benefit him and make a hype of any coins that he wanted to pump.

Whatever the hidden agenda why Elon Musk bought this platform, let's hope that's good and based on his proposal, and here's what he says he'll do next.

Doge's price increased sharply after this notice although the market dropped, the doge is up over 18% and is trading at 0,15$. We still don't know if this will be bad or good but he will definitely use Twitter to hype the projects he holds for profit. In the past he always complained about privacy on Twitter because it made him feel uncomfortable not having freedom of speech. Back then, shareholders were said to be very adamant about not letting Twitter fall into the hands of Elon, it is difficult to understand how this deal happened so quickly.

[pooya87]

Once after this price of bitcoin have bounced reaching $40150 from the price around $39300.

Why are you trying to create a link where there is none.
Bitcoin price has been flirting with $40k resistance for a very long time now and when it goes a little below it and then recovers by going a little above it, this weird trend has nothing to do with irrelevant news such as what some billionaire did with some social media platform!

[worle1bm]

The board has accepted his deal after first rejecting this deal and at valuation of $44 billion and you know the shareholders wants profits and they took it as opportunity on his deal.But as you see he is going to make many changes which he was talking about and turn this social media platform and as doge talks are hyped again.

[Kakmakr]

So what happens to FREE SPEECH ..if he takes this private? Does that mean the people who cannot afford the subscription will not have FREE SPEECH? Does that mean, people who live in countries where FREE SPEECH are being censored and banned, will not have a platform to practice FREE SPEECH?

The success of FREE Social media platforms are rooted in the accessibility of those platforms and not the barrier to entry that are placed to only allow certain people (with money) to have access to it.

This might just be the beginning of the end for Twitter.... so let's see what happens. 

[Rikafip]

So what happens to FREE SPEECH ..if he takes this private? Does that mean the people who cannot afford the subscription will not have FREE SPEECH?

You might wanna read on the definition of free speech.

The success of FREE Social media platforms are rooted in the accessibility of those platforms and not the barrier to entry that are placed to only allow certain people (with money) to have access to it.

I don't think that I heard anywhere that Twitter will become subscription only platform, care to share some more info or links about that? Unless you are talking about Twitter Blue that gives some extra features but that thing has been around for months now.

This might just be the beginning of the end for Twitter.... so let's see what happens.  

The most vocal in their cries that this is the end of Twitter are sjw/woke and other "liberals" that are threatening to quit Twitter etc, which reminded me of the very similar situation from several years ago when very same people said that if Trump wins elections that they will leave United States. And as we know, nothing really happened and I don't expect to see any drastic changes when it comes to Twitter either. Imho, people are just overreacting and are so easily triggered with everything.

[Kakmakr]

So what happens to FREE SPEECH ..if he takes this private? Does that mean the people who cannot afford the subscription will not have FREE SPEECH?

You might wanna read on the definition of free speech.

The success of FREE Social media platforms are rooted in the accessibility of those platforms and not the barrier to entry that are placed to only allow certain people (with money) to have access to it.

I don't think that I heard anywhere that Twitter will become subscription only platform, care to share some more info or links about that? Unless you are talking about Twitter Blue that gives some extra features but that thing has been around for months now.

This might just be the beginning of the end for Twitter.... so let's see what happens.  

The most vocal in their cries that this is the end of Twitter are sjw/woke and other "liberals" that are threatening to quit Twitter etc, which reminded me of the very similar situation from several years ago when very same people said that if Trump wins elections that they will leave United States. And as we know, nothing really happened and I don't expect to see any drastic changes when it comes to Twitter either. Imho, people are just overreacting and are so easily triggered with everything.

A simple Google will give you the answer to your question :

https://time.com/6170494/elon-musk-fix-twitter-plans/  - I quote : " But are Musk’s goals actually feasible? Can he really transform Twitter into a less-moderated forum where free speech flourishes—and at the same time make it a service that generates more revenue from subscribers than advertisers?

In a earlier tweet from Elon Musk that was deleted, he argued for the removal of all ads from Twitter, writing, “The power of corporations to dictate policy is greatly enhanced if Twitter depends on advertising money to survive.”

So what do you use to fund the platform, if you remove the advertisers? ===> Subscriptions & Donations    Musk has expressed support for a subscription model, but wants it to be cheaper than it currently is now. 

[Flexystar]

Elon sure does tweet about DOGE from time to time, but are people actually expecting some DOGE integration? I mean I wouldn't be surprised if they integrated DOGE tipping, but is tipping even something THAT major? I don't think even the bitcoin tipping is being used that much at all.

Tipping can change many things. It requires only few updates and patches here and there in the code so that investors and common people can be happy about their holdings. DOGE is one of the coin which is under influence of Elon and it all started with the Twitter only. Since ELON is stuck with the discussion of bitcoin mining and its affect on the environment, DOGE gets the primary place to be used in the Twitter. Apart from this, his already in possession of huge amount of DOGE for SpaceX mission too.

Big surprises ahead, Twitter, DOGE, SpaceX, Elon, People = could burst into new ATH or could go to trash can.

[buwaytress]

Am I the only one who felt the bile rise in my throat reading crap like "where matters vital to the future of humanity are debated"? I think the other bits are all good -- not to mention now we'll probably finally see actual crypto utility in Twitter, all be it shiba or whatever (damn, more bile rising) -- but no need to precede profit intents with vainglorious claims of importance on behalf of those actually doing something about "humanity".

Big yawn for me. Couldn't care less if Elon buys Twitter or TikTok or more bitcoin.