Can We Starts To Call Elon The King of Pump And Dump?
Elon Never Failed to Amazed Us
From being a CEO in one of the most intelligent Car Manufacturers to date, a leader in Mars Exploration, even with the most peculiar names for his son, Elon Musk is really never failed to amaze us the ordinary people. With his recent involvement in crypto worlds, this has been a roller coaster ride for him.
From being praised as the mark of an institutional figure into the crypto world, and now hated for his intelligence pump and dump tweet making most of the crypto newbies are holding a bag of expensive doge and bitcoin.
Ok first of all don't panic when Elon seems to make fun and FUDding a crypto project, as maybe he has another plan for it. Just like how he pumping Doge, once called meme coin to almost rising into a dollar mark, then in an Interview, he manages to push it back down to earth.
Sitting at $0.4 and maybe it keeps on going down despite Elon's tweet stating he is working on Doge Developer to make something promising out of the current technology.
Now when it comes to Bitcoin Elon has been making some opposite tweet. First, he making his random post about bitcoin and crypto. Then use bitcoin in his Twitter bio, after that crypto feels like getting new waves of new users and a big exposure into the entire world. Making another push of bitcoin until it managed to break the $60K marks.
After that, comes an allegation that Elon was dumping his bitcoin holding and gain big profit after a big pump from his recent Twitter activities. He denies it and said only 10% of Tesla bitcoin holding has been sold to gain profit.
Surely its a huge profit for all the shareholders including himself. That is quite a big blow, as the crypto media darling is not really a diamond hand to hold bitcoin, but rather to gain a big fast profit (which we always do).
The next move from him and his company Tesla is to announce that Tesla will halt bitcoin from any transaction in their company, because of the fear that Bitcoin has a very bad impact on the environment as it consumes a lot of energy which come from a coal-powered power station.
The Crypto world is going wild. To believe that one of the smartest men on earth running the most intelligent company can miss the very basics of how bitcoin is made, and what impact it has on the environment.
But that is the fact according to him, and because of that now he is working on with Doge Dev to make a promising project in a greener more sustainable cryptocurrency, a real-life meme maybe. :)
Finally, he shows who intelligence he is, when one of the crypto enthusiasts confronting him pointing out that he is just a troll. He even gave a lecture about how centralized is bitcoin as it is being controlled by a few mining companies, and even saying to know better about how money works. Can't deny that, as he is already making tons of money just by making some tweet.
Last, he denied having sold any bitcoin holding from Tesla or himself when replying to someone who pointing out why people are mad about his recent tweet about crypto and especially bitcoin. Then the next question is which one from his tweets is really holding the truth? I guess is the one saying he knows how money works. what about you, which one do you believe?
all pictures are screenshot from Elon Twitter Account
Posted Using LeoFinance Beta
