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❕NEWS Elon Musk should not treat crypto as a Joke

Razor1911

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He's not the owner or even the largest investor of Ethereum. Don't forget he also advertised shiba and made it popular. He's a billionaire and famous so he's using it to the advantage of crypto.
But no matter what he has influence in the crypto market. We can't deny that one single Twitter of him can really shake the market. That's why we have to be prepared for any attack from his side.
 

silentwatch

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Please Antonio, don't take it seriously.. Some of us may need some joke too. I think it is oke to make a little joke about crypto as long as that is not undestimate it.. Beside, elon musk is some good influencer about crypto
 

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I am glad that somebody said it at last. Elon Musk should really focus more on educating people about Cryptocurrencies rather than using it to make jokes. People will listen to him since he is so influential.
 

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But no matter what he has influence in the crypto market. We can't deny that one single Twitter of him can really shake the market. That's why we have to be prepared for any attack from his side.
Yes I don't think I'll call his influence an attack because he has been beneficial to crypto. People do the mistake of buying a crypto in its moon stage so the cry when it retrace back.
 

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I have read that Elon musk is someone who has a high sense of humor and this would probably be the reason. Though I prefer that he focus on promoting Crypto Currencies instead of criticizing them.
 

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I have read that Elon musk is someone who has a high sense of humor and this would probably be the reason. Though I prefer that he focus on promoting Crypto Currencies instead of criticizing them.
He definitely has a good sense of humour and he's good at attaching a crypto token to his fun posts which makes them go viral. The crypto world will love him.
 

Corzhens

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As the saying goes, this is a free country so why should we put a perimeter on the movements of a person? Elon Musk is a big character in crypto currency and I respect his moves even if they are mostly antics or something that can confuse us. Maybe he enjoys his pranks over the users of crypto currency.
 

gammarays

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What do you think the present crypto world will be without Elon musk? The man has brought back life to the once dormant crypto sphere and has made tokens popular with his jokes.
 

BullyMaguire

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What do you think the present crypto world will be without Elon musk? The man has brought back life to the once dormant crypto sphere and has made tokens popular with his jokes.
As much as some people hates him.. he is one of the reasons why many people have acknowledged Cryptocurrency now.. he is one of the people who carried the Cryptocurrency by what he is doing
 

Razor1911

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What do you think the present crypto world will be without Elon musk? The man has brought back life to the once dormant crypto sphere and has made tokens popular with his jokes.
You are very correct because the all-time high when Bitcoin hit 63000 dollars mark, the credit was of him only. The news of Tesla accepting Bitcoin really shoot the market .
 

gammarays

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As much as some people hates him.. he is one of the reasons why many people have acknowledged Cryptocurrency now.. he is one of the people who carried the Cryptocurrency by what he is doing
Yes,I still wonder how crypto will be now if not for his impact. He educates people about the need and functions of crypto in his videos and he leads the way by investing in it.
 

BullyMaguire

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Yes,I still wonder how crypto will be now if not for his impact. He educates people about the need and functions of crypto in his videos and he leads the way by investing in it.
Yes since he himself acknowledged Cryptocurrency being one of the richest man and successful business man people can't just ignore his promotions since it's almost 100% guaranteed success
 

gammarays

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In a way Anthony is not totally off the mark. Elon Musk should not be making those statements and uplifting something too much at one moment and then kind of showing his disapproval of another thing.
But well, if Elon is doing something based on a strategy would he desist?
No way!
If it's because of his assertion about Bitcoin, he's correct. Mining companies has been accused of late of environmental pollution and has been a source of concern in some countries.
 

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If it's because of his assertion about Bitcoin, he's correct. Mining companies has been accused of late of environmental pollution and has been a source of concern in some countries.
That's been discussed by lots of people and we don't really know. Many organisations are looking into it even looking for supplying renewable energy for mining.. i guess it's better that it has been debated early
 

gammarays

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That's been discussed by lots of people and we don't really know. Many organisations are looking into it even looking for supplying renewable energy for mining.. i guess it's better that it has been debated early
Yes it's better that these issues are coming up now so I can be addressed early enough. This kind of news always leads to a dump in price as has been experienced before.
 

BullyMaguire

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Yes it's better that these issues are coming up now so I can be addressed early enough. This kind of news always leads to a dump in price as has been experienced before.
Yeah atleast now it wouldn't have such effects if it's suddenly got bring up again. Since that's a first when elon say about it people just got scared
 

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I don't think Elon really understands the crypto market, he just feels like he can tweet and the market would follow, it all because he's a whale but that won't matter in a matter of time as people are not taking him serious any longer
 

Ptrikha90

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That's been discussed by lots of people and we don't really know. Many organisations are looking into it even looking for supplying renewable energy for mining.. i guess it's better that it has been debated early
Yes I saw some news articles talking about use of renewable energy for mining.
So may be we would see some developments on that front in the coming days.
 

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