Post
Topic
Board Altcoin Discussion
Re: What is Elon Musk's goal with Dogecoin?
by
Oasisman
on 06/05/2021, 12:21:41 UTC
Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?

I am wondering if he will keep tweeting about after the bull market is over.

Obviously yes!
What would you expect? He ain't pumping Doge for charity. He wants to pump it obviously because he wants to earn a huge amount of profit, and Dogecoin could easily give him enough when it reaches $1.
Elon Musk periodically ranks first in terms of wealth on this planet. Therefore, it makes no sense for him to make money on his tweets in cryptocurrency. Most likely, he is just interested in watching how people react to his statements on social networks. This flatters his pride and he does it half-playing, half-joking.
Since his actions generate general interest in cryptocurrency, I take them pretty positively.

Do we have a proof for this?
He's not just interested about how people would react to his statements. He primarily wants to expand his wealth. That's what rich people do, they are too obsessed with earning unlimited income. Not because he's the wealthiest man on earth and that he stops right there.
This kind of mindset is the reason why we cannot reach what these crazy rich people reached, because we think what wealth we have right now is enough.

You know what's really not making sense? By just watching people taking the opportunity to make huge profit initiated by you and you're just watching doing nothing because you're the richest person on earth.