Bitcoin Forum

If you have been following Elon Musk for quiet a while then you may have noticed that he’s often trolled DogeCoin in the past, and this time he’s trolled it by sharing a image of DogeCoin eating the entire financial system. Furthermore what’s amused me is that his tweets made the prices of DogeCoin rise upwards, and if he continues with these kind of tweets then he alone can pump up the DogeCoin prices to record levels.

https://i.postimg.cc/GmcRnrbK/B57-D95-A4-40-EE-42-F0-ABDB-994-CB9384-D3-B.png


Source:

https://cointelegraph.com/news/elon-musk-sees-dogecoin-standard-future-doge-price-rises-14

He is an influential person and if he is in favor of dogecoin then I guess soon dogecoin will experience another pump in price almost like what happen with the tiktok video, I think many top players love dogecoin and soon their support will help in the price increase, but what I don't get is what he thinks dogecoin has to compete or be better than the global financial system.

Thats how cryptocurrency works, and we can't do anything about it, the price volatility of any cryptocurrency can bring more harm than good, thats for sure thats why everyone must take extra precaution before dealing any crypto-related investment or else you wake up someday that you are already lost all your hard-earned money, move away from those hypes induce cryptocurrency pumps, instead choose to invest with those top-ranking cryptocurrency in the market with a true use case, Dogecoin is an old cryptocurrency but it has no define use-case so its a risky coin to hold. forget Elon Musk his a Billionaire and money is not a problem with her. 

Lol, this is the best advertising for Dogecoin. But, I really do not understand this hype around Dogecoin... Before this tweet, we saw TikTok challenges, what else will come to pump the price up?  :D

You must be joking. If you are not, I have to tell you that Elon Musk's trolling of DogeCoin is 99% not the reason why the price pumped. It is funny how some of us speculate on the reasons of big movements in crypto prices and end up believing on some joke.


Elon is no John McAfee for goodness' sake!

It's just a matter of time even before a year he told this coin as his favorite coin, also this coin went viral in tiktok before few days and it made a 90% pump too.

Elon musk is a famous figure across the globe and I believe such tweet from a celebrity will definitely make the coin more popular and many of them will start to invest in this, I feel like this coin will reach new heights.

It's funny but at the same time scary. He can plunge the market by his meme tweets and as well as pump it anytime he wants. It makes him fluttered to see that the community loves him that much.

Whenever he posts something about doge, it gets a pump. I'll wait until he posts something like this but it's BTC as the subject.

If Elon musk is spending his time posting a meme  about dogecoin, he probably read something about it.

It is more than enough to many people do this same and get to know the project

Personally, I never studied that coin. Maybe I will after reading that. If Elon musk is interested in it...

A big figure like that we surely have a lot of influence on the decision of the people. This might be all that Doge needs to take over. We are watching to see what will eventually happen.

Dogecoin is just doing what it was designed to do, just imagine him posting this during the last Tik-TOk pump the price would have hit $1. I think he is right, what is happening now in our financial system is a complete joke, just keep printing money out of thin air

He knows Dogecoin developers. At least one of them. He helped him at something years ago.  Musk always shills Doge, for years now. He even had written on his twitter he is CEO of Doge for a long time.

yeah Doge is memes coin and what people are trying to say might be leads to our financial system that was complete a joke, to person who not understand about that maybe to take easy and do not so seriosly on it before blame others person.

I don't mind if he wants to sell dogecoin at a price now because it is still at a low price. I will still hold my dogecoin, and I will not sell the dogecoin if the price does not touch more than 100 satoshi, no matter if I need to wait for a long time to hold. Besides holding the dogecoin, I can buy more and more dogecoin while the price is not too high, and I can have the patient to wait for the price to increase.

elon musk is one of the most influential person in the world. even if he is just joking but cryptocurrency will take it right away and could make a huge impact on the entire market. it's also applies on both stock market and cryptocurrency i believe

didnt knew that he is too influencial but i just heard his name when i entered crypto   . if he jokes about crypto i dont think it will impact on other markets  . judging by his personality he could be a happy and fun guy because he likes to joke the most and the coin that he use is perfect too because doge coin is also known as a joke coin or a meme coin . not just him but many people are also making a meme and make fun of doge coin while putting a deep meaning on to it at the same time  .

Obviously he's joking with the tweet and makes fun of it but people are too serious to take that simple post of him that led Doge to pump. He's always the same and when asked about bitcoin, he will say that he only has not that much.

The impact that he can contribute is such a huge factor for the entire market, so, if he tweets another altcoin that seems to be a joke for us but people will literally take that again seriously.

Musk alone can pump Dogecoin? Come on,,, even he is not that strong, and if he is,,, he would never want to do it. If people found out he did, his reputation would be ruined. Not worth it, even if he thought it was funny. But anyway, if he really thinks Doge is silly, then he does not know how to have fun:)

before elon talks about doge, dogecoin has an indication to go up. in recent weeks doge is popular on the tiktok application, and maybe this is getting more interesting. and the words elon add confidence to the doge. I'm sure about this.

after TikTok made Dogecoin bullish now Elon Musk did too. Elon Musk is Dogecoin's best marketing, I saw a big price change on Dogecoin when Elon musk tweeted this.

I feel Dogecoin developers should recruit Elon Musk into their marketing team.  :D

Dogecoin is a cute crypto currency, just like its name is Doge, the surprise thing is making Doge a unique altcoin,
and of course this asset is at high risk because the Doge project does not have a special team, such as Ethereum or Ripple

Actually DOGE is a fum meme coin which is created just to have fun there with not a serious use case like ETH. So you cant make comparison with that project it doesn't make any sense there. It has big community behind it so it will stay here for long time.

This is how the crypto market is controlled. Some large influncers control the market price. They know how and when to play the game. Elon Musk is a popular guy in the crypto community. He has played with dogecoin many times. If he can trap fomo traders by playing such a game every year, why not play this game? As any influencer sees his own gain before, no one gives anything for free at his own loss.

can be seen the price of dogecoin is now very difficult to predict, when it able to up high  but when the next, price down again and slowly return to the original price quite risky if investing in doge coins is now better to wait until the dogecoin conditions return stable

We know that this guys is influencial the CEO of Tesla and SpaceX, he is included in the recent hack after the hacker posted using his account the number of BTC stolen increases it is a proof that this guy has a lot of supporters no matter what he says. This Dogecoin meme I guess some traders are just riding the hype but this pump is just temporary, we all know now that news and information is very powerful when it comes from a popular individual whether it is real or not.

Is this a recent development from Elon Musk or is it the old tweet he did a long time back?. Now he might not be in the mood to do these fun things as he is battling the Amber Heard court case as he is also dragged into it and reports are coming out that will not be a good image for him. Elon Musk always had a hard on for dogecoin as his tweets in the past made a rally in the coin .

Who does not know Elon Musk, so with him trolled Dogecoin could have made the price of Dogecoin into a pump. I like the way Elon Musk
trolled dogecoin, quite creative with his tweet made with a picture of a dog that is bigger than the global financial system. Really sarcastic
tweet, I agree if Elon Musk does this often. There will be times when Dogecoin can surge in price.

No body know Elon was bought doge, In my opinion, Elon seems just playing with it and watching how price go on after he mentioned.

We know Elon person who love cryptocurrency, but we don't know he holding more than 0.25 BTC?. https://auto.hindustantimes.com/auto/news/elon-musk-reveals-his-bitcoin-holdings-here-s-how-much-he-currently-owns-41589725076821.html

I seen doge up more than 100 sat at past and falling down under 70% then up again, what the lesson is, if we have doge right now hold it, I am sure doge will get new ATH in future.

that's what we have called that as a pump and dump when the price of coin can't sustain even longer and it will be back to go down as soon as possible. The pump that was happening on doge is not caused by the fundamental support but people were hyping it based on the clickbait news.

   Doge is old coin, and I think this happened before, the price to rise and then drop, volatility is the same for all the coins.
I think that famous people can start a hype, and after TikTok challenge and now Elon Musk tweets about Doge affected
the price to rise. Probably we will see Doge coin to go back where it was, and probably we will see more similar things
in the future, with Doge coin or some other coin.

I myself am keget seeing the price of doge coin can be up high, whereas what I have seen so far, Very stable dogecoin prices move up only 1-2 satoshi only strongly agree if buying doge coin is now risk because the price is already too high

You would really expect these kind of pumps specially if popular person is making up some tweet yet majority would really have that in mind that this one might be a signal for some bull run or pump coming into a certain coin knowing that Musk is financially capable and people think that  he would tend to buy since he's been shilling it even it is on disguised as trolling.
This market is highly reactive when it comes to shills and fuds thats why it isnt surprising that anytime theres some trolling or suggestion then expect that there would be an impact but somehow it
do vary on whose the one been saying it.

To be honest he is not trolling :) . I think Dogecoin is the cheapest coin regarding the fee per transaction and also the price itself.

It's a meme coin that makes hyping it quite working with it, I also use doge sometimes doing transactions but not yet in holding since it depends mostly in hype and influence of people using it, however Elon Musk is indeed have many followers that might get curious especially those who are not yet in crypto.
Elon Musk maybe have plenty of investments that includes Doge, it might not a purely troll or simply he accidentally just wanted to post since he's in a situation of memeing it which makes his followers follow knowing he might have it too and see a future in it. I have a doge physical coin simply for collection.

We really need to know his strategies on everything, if we knew the cyber truck launch event he said it is bullet proof but the glass was actually broken which made the whole world to give attention to the truck and people ordered 50 thousands units in ore booking so this is just another strategy to make people doge coin is something.

It's not so difficult to predict the price of doge. You can try to see the all time chart and then you will get a clue about how it was working before. Doge needs a long time to get pumped by the whales. Whatever the news that came for doge and it will always get a pump when the time has come.

Elon Musk is an efficacious person and it is really so good for Dogecoin to be such advertising by this person. Before Tiktok challenges and tweet of Elon Musk, all of them will make a good effect on the demand of Dogecoin. New investors absolutely will be interested in Dogecoin. Because they will start thinking that if Elon Musk is interested in Dogecoin, we must be also interested in Dogecoin. ;D

If you are interested with this coin, you need to have great long patience, like what you have said it will be pump when time comes, no one knows

when whales will take some action, as there's always a good timing to buy and hold then wait till you see your target, remember that it will really

take long time if you are not that lucky placing your entry.

Fortunately or accidentally, dogecoin is continuously getting into limelight. I guess it will be too good for entire crypto space because whenever a new investor getting on board but only with the intention of investing into dogecoins, I'm expecting such people will get into bitcoins as well over the time when they start realizing about the potential of this crypto space. So, it is really surprising me that many good things are happening around crypto space nowadays.

First one was tiktok-dogecoin challenge and then notorious twitter hack of high level people and its BTC doubling scams and then now Elon musk's doge mention in his tweet. My instinct tells about possible mass adoption of cryptos which might be leading them into mainstream usage for day today life. Let's wait and watch by filling bags :D.

Advertising from an Elon Musk really has a positive impact on Dogecoin, of course demand will increase because investors believe that Elon Musk will be interested in this Dogecoin, it might be so thoughtful, but the challenge before him with TikTok was his thing with a very popular application currently making many This attention to Dogecoin is because advertising with big names will bring a better impact on coins.

Elon Musk is a very smart business operator and he is big supporter of innovation and that is why he openly supports blockchain tech and cryptocurrencies. Regarding his remarks about doge coin i am not sure if they were sarcastic or not but definitely they have helped spread the name of the doge across.

Lets presume out those incidents is really a helpful thing to widespread cryptocurrencies existence but we know that anytime it do involved hacks and scams then it do really give out negative impressions but if someones curiosity in works then we do know on what would be hes next step.

Popular people does really give out some impact yet we know on how many people been following him and when he tweet on a certain matter then questions in mind will surely raise up.

For people who do know on how shill do works will eventually spot it out but for majority then thats a signal call for them to buy or to hook with it.

If you are taking it as a serious thing and then you should learn and see how doge was getting pumped from a crap VT from a kid. This is a pump and dump coin. Elonmusk was joking about that and that's a troll from him.

Trolling is normal in crypto space and Ellon knows about that.

Just don't judge things coming from anyone instead believe in our own judfgement.

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