Re: Elon Musk accidentally created a new cryptocurrency. WTF?

By the way, have you heard of Toon Finance that is believed to become the next Meme coin to 1000X? I wonder why only meme and hype coins get so much attention? Like people got tired of something reliable and want to shake up..

Most likely, the fact is that they are easier to promote. People really think it's more accessible. Although I would not be in a hurry if I were them and studied the market properly.

The reason why people are interested in these coins is their desire to earn 35-10-100 times of their money in a short time. I haven't seen another though. Most investors think so. Instead of investing their 10k in a reliable coin and waiting for it to increase at a certain rate, they risk 2k of their 10k and buy memes or crappy coins and expect their coin to increase maybe 100x. There is nothing else in these coins. Many people lose their money because of this.

We can explain this situation as a gamble. If it does. People don't like to wait they want to get rich right away. Shit coins will always be attractive. Elon understands the logic of this well and plays on it. Many of those who got rich quick in the last bull created their assets with shit coins. In this case, we cannot blame anyone.

Yes, I think so too. We have seen many people decide to invest now to become rich but they may not know that most of the time investing has the possibility of losing money. But if there is a good idea about investing then no There will be no problem. And if he invests without any idea, he will have a chance to lose money.

Quote from: Grim149x on February 03, 2023, 06:27:36 PM

Quote from: bakasabo on June 30, 2021, 09:30:28 AM

I think this is not an attempt "to influence the crypto market", but some tricky person just created this token to sell it during hype. Elon Musk zero relationship to this Floki token.

This is a great example of how greedy people can be and how easily they can be tricked and controlled. This is so simple. Take what ever Elon says, create a token with s

Quote from: DapanasFruit on June 30, 2021, 11:40:44 AM

Elon Musk is making a good joke and then somebody (or maybe a group of people) follow through with the joke by launching a project named Floki just as what Elon would name his puppy. And Floki is making a good run. I am just wondering...whoa re the people making money out of this. I am sure that the next time Elon will be making a tweet, someone can come up with a project based on what he is tweeting. I think this is just another testament that the cryptocurrency industry is made up of 90% jokers.

ame name and voila, you are locked and loaded for scam sale.

iam agree ithink elon musk buy on the dip shib and floki. when he see the btc is up . theu used his brain and tweet include of his token holdings. when it they pump they sell shib and floki . thats my opinion only

I think if we can invest in following elon musk's twitter page maybe we can make some money. Because I bought many coins before and made a lot of profit. Now most of the time I don't make much profit. But hope market is good. Again, I will get a lot of profit from my investment.