Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX?
There were alot of tweets from him over this past weekend.
At one point he was asking why bitcoin wasn't faster and why not centralize the mining for it - in a sense.
Someone told him, what does he think BCash/BSV was all about?
The thing is he is commenting on crypto and bitcoin without any experience or research into it and to me that is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
In this instance it was bitcoin, but could of been done to any coin he chooses.
And this to me can be very dangerous in the current market we all are in.
At one point he was asking why bitcoin wasn't faster and why not centralize the mining for it - in a sense.
Someone told him, what does he think BCash/BSV was all about?
The thing is he is commenting on crypto and bitcoin without any experience or research into it and to me that is dangerous to do since there alot of people (I call them musketeers) who hang on his every word, as yesterday's one worded tweet shown this to be true, and can cause irreparable damage to any cryptocurrency he is concentrating on.
In this instance it was bitcoin, but could of been done to any coin he chooses.
And this to me can be very dangerous in the current market we all are in.
I don't think that EM has never done any previous research on crypto because he is such a smart person that even in taking short profits for just 2 months he has already made a profit of 128 M USD on selling 10% of his BTC. But what I really regret about all of his words, why are there so many coins on the market, only DOGE is fully supported by him? This is just a meme coin on all coins with good fundamentals, why not another coin. Very disappointing, he seemed to be gambling with a large capital.
Why he choose dogecoin because if he can get let say 30% until 50% total supply within 2019 till 2020 and promote them at the end of the year.
How much he can earn now?