Bitcoin Forum

https://cointelegraph.com/news/dogecoin-to-1-dollar-reddit-turns-to-doge-after-gamestop-surges-1-600-in-2-weeks

It is interesting to see small investors competing against institutional whales and making some money.

This reddit community is becoming powerful

Many people will be getting a big paycheck when this short squeeze keeps on happening, I do not mind that hedge fund manager commit suicide because they are losing a lot of money, they do not deserve to live anyway. The increase in Doge is a big thing for the long term Doge hodlers, I hope that they get their profits cause the people deserve it, the system is back firing and this suit and tie people are panicking.

I doubt it was the work of WSB, it was probably the crypto traders, just like when Elon tweeted about Doge. Just like in 2017 Bitcoin allowed alts to soar, now other shorted stocks and things that just get mentioned by influential pages, get launched to the moon because traders expect a pump, turning it into a self-fulfilling prophecy.

I'm definitely going to buy some DOGE after it will crash, it seems like the ultimate pump coin - it's very prone to pumps whenever someone famous mentions it, so buying it when it's down is not such a bad idea.

I was just looking at the coinmarketcap and Dogecoin's pump is very noticeable. From top 30+, it's about to replace XRP on its rank. A few hours ago, it was just $0.02. Now it has risen to $0.07.

Yeah, it never changes to be unpredictable and good in pumps. You buy when it dumps and just wait for another cycle and batch of a pump like it's doing today.

Yes, it will be quite a show watching how r/WallStreetBets and other groups will affect various financial markets.  If WSB gets thrown off Reddit and/or WSB Chairman off of Twitter, the members will migrate to other sites.  And they may be extra-aggressive in going after those who pushed them off...

WSB identified GME as being shorted some 130% of its total shares (that is, the hedge funds borrowed more shares than actually existed).  And since GME was not a company with a very high market capitalization, it was relatively easy for WSB to buy enough shares to seriously damage that unwise hedge fund.

hatshepsut93 observes that it may not have been WSB behind DOGE's huge move today, up over 700% today.  But, even if not, it was likely a similar group of small investors who found an opportunity to move a fairly thinly-traded crypto.  I would think that we can expect to see more of this kind of guerrilla-group activity in the future.

There has been talk of doing a short squeeze on silver, there have been many longstanding rumors that various Wall Street banks (and others) have been heavily short silver for years.

This could get interesting...  If silver rockets, then what about gold?

Same...I had around 5000 dogecoins which was around $50 a few days ago and I regret I gambled it away because now if I had it, I would have been $350 or even more! I guess there are lots of regrets many people would have with this who sold their doge ;D but many who hold it will enjoy the profit! I'll also buy doge if it goes dip again :)

Do you mean Reddit pump group? ;D

I'm afraid the one who benefited the most is the group admin and individual small investors here are just the pawn. It's nice if you are the admin, bought a large bag of some coins/shares, and tell people to pump it.

Remember trading is just a zero-sum game, thus there will be losers. Hopefully, the losers aren't the average hard-working guys.

The perfect reason and moment to dust my DOGE wallets here and there. I've managed to collect 12K DOGE that wasn't worth the effort up to two days ago. Now I ended up with a hefty bonus :D

Thank you Reddit community :D

First Elon Musk then Reddit community. They both are helping people to gain profits on Dodge.

Wallstreetbets prohibits any type of pumping of a stock by any member. You have to include some due diligence and research if you want to get a stock noticed, and if you are a new user with a low rank, most likely nobody will even read your post to begin with.

In the past there were some people who somehow managed to get away with it and they got permanently banned. However GME was talked about for months and months, you could of bought it at any price pretty much and made money. Most people probably cashed out when it hit $20 however, since going from $10-11 to $20 in a short while had over 100% gains and people took profits. Nobody assumed it would ever hit $450 in their lifetime.

"Buy the rumor, sell the news"

This is a very risky one, just like what happened on XRP. Their aidrop created a hype that made people buy and hold XRP until the snapshot, and after that, it all went down because of the issues about XRP, and I think it is so fishy about DOGE as well. The safest way to engage such risk is to buy only about 30% of your funds on it, and see what's gonna happen next, if it'll pump or dump, it's 40:50 chance ratio in my opinion.

If DOGE rises to $1, its value will occupy more than half of the current crypto market, surpassing Bitcoin, so the answer is no.

This is nothing like buy the rumor, sell the news. Buy the rumor, sell the news is more like Apple releasing some "new" product. The stock price rallies ahead of the event, product comes out, people are amazed, but the stock crashes anyways.

This has to do with supply and demand. Dogecoin is a low volume crypto. It was #30-40 on the coin market cap. Barely anyone invested in it. However when all of a sudden you got hundreds of thousands of people buying it within hours, its what causes a price surge like this to happen. When was the last time that some crypto went 800% in a matter of hours, can't think of any. The WSB army consist of people with very deep pockets and they can all easily put in around 4 figures worth of Doge. Multiple that buy hundreds of thousands of users and you got a huge price surge.

Well, at the cost of the newcomers who bought late. This kind of artificial pump always not good in the long run however, I think most of reddit users understand and conscious of their decision to pump doge. same thing like GME where they even willing to lose money.
But I'm all in when it comes to crypto exposure and I'm pretty sure that this gonna make the word crypto mainstream in the ears of many people.

I've read that there are some WSB gainers out there who can now finally their student loans, debts etc. Its true that some members of that subreddit are definitely just average joes and I do hope that they were already able to secure some profit out of it because I've been seeing in the news that users of the Robinhood app are restricting transactions. They are now trying to "limit the buys" but Congress has said to be looking into this and will conduct investigations.

This pump on Dogecoin just shows the power of internet and the masses. Institutions may start to try to control you, its not the same when it comes to decentralized crypto. Time and time again, institutions win. This has always been the outcome and the average joes like us come out as the bad guy. But not with crypto. This is the very essence of decentralization and this GameStop and Dogecoin fiasco has proven out capability.

In the end, the victims of a successful pump are always the newbies who come late. It doesn't matter if it's $GME or crypto. People should listen to the "Wolf of Wallstreet" Jordan Belfort: https://www.youtube.com/watch?v=0E5Xt6n9zWI

Anyway, if it's crypto and doge, in particular, we know that this is just a game, so I don't have a serious concern about the average mums and dads become the victim.

People playing P&D is not my problem, and they are free to do that. But I don't like the sound as if some hero organizing massive wealth transfer between the rich and the poor. At the end of the day, it's always been motivated by self-interest.

DOGE‘s highest increase today is nearly ten times. The influence of celebrities on the Bitcoin market was discussed in the forum a few days ago. It seems that big companies and celebrities have the greatest influence on cryptocurrency.

I stopped holding DOGE many years ago. But I am immensely happy for DOGE community and I hope that this will hold. DOGE and its community deserves it.
However, the DOGE price movements are crazy today (70-260-125-170), I'm curious where will this end up (or heading to).
For now... TO THE MOON!  ;D

after the gamestop pump, i don't think we can right off WSB that easily. this dogecoin move was significantly bigger, in % terms, than any other that ever came before. i'm sure altcoin traders are riding the wave, but that alone suggests something bigger is at play this time.

i'm not sure it's over either. :-X

I don't know if all the small investors are actually making money. I read a few post of people who bought gamestop stocks at around $300-$400  and who don't want to sell to any price below $1000. Eventually the short seller will have closed out their positions and then it's likely only the smaller investors still invested as the bigger companies would likely take their profits of a few hundred percent and just move on. So once the smaller investors want to sell we need new buyers for them.

To be sincere it was very crazy yesterday seeing their of Doge doing 7X, these Gamestop investors have tasted money with their Gamestop profit and just like any human being want more, that was why some of them aped into Doge yesterday, but Crypto is unforgiving for a greedy investors, because they will keep looking for the next best thing until most of them get burn

Jeeesus.  I woke up about 1/2 hour ago, grabbed my coffee and settled in to listen to Bloomberg news on Youtube in the background, as is my pattern.  The first thing they were talking about was GameStop and how some people made tons of money on it yesterday (though I still haven't looked into exactly what's going on with GameStop and their stock.  Sounds like it's being manipulated.

Then they started mentioning Robinhood and how they're doing something with crypto trading, suspending it or whatever and I switched to the tab that had Bloomberg on it, and I see this:

https://i.imgur.com/InqIoor.png

That blew my mind and almost blew the coffee from my mouth through my sinus cavity and out my nose.  WTF happened overnight such that bitcoin shot up that much, and does it have something to do with the GameStop traders?  I posted in a recent thread that I didn't think the two were related, but now I'm not so sure.

I join the DOGE hype this morning.
Wake up, read what happens, buy some DOGE, go to the toilet to poop, back to my desk, 50% profit.  ;D
DOGE started getting people's attention this year since it's was gone viral on the Tiktok app.
I guess it will be covered by some influencers again soon on that app.

I read on CNBC that someone made $22M from his $50K investment on GameStop in just a few weeks.

Thanks to GameStop stock. Dogecoin started to make a sudden increase to its price because many Redditors have switched on buying Dogecoin after GameStop surges its price in 2 weeks, so many people are now expecting that Dogecoin could reach $1. This will probably increase the number of people interested in buying bitcoin because of this kind of event.

Dogecoin has been a hub for pump and dumps even in the past. Remember its first run from 33 sats to 151 sats in a span of two weeks back in 2015? Massive pump orchestrated by the people of reddit as well, up until those who organized the pump sold their bags on everyone who is just buying in on the hype. It's good that people are coming together for a common cause, although of course someone has to get burned in order to achieve this feat. Not everyone on reddit will walk away as winners and someone has to bear the losses, that's for sure.

I used to have it but moved to BTC. I felt like DOGE might be a joke, but despite being a joke it's also a pumper's dream. It has it's good days almost every year and people were saying years ago that since the meme had died the same fate will await the coin. The Internet community has proven them wrong time and time again.

Good Job Doge, keep the fun coming!

Incredible movement has been created in Social media after the GameStop case and the Robinhood app's refusal to allow users to trade GameStop shares.
Now the app is allowing to trade the shares of the companies blocked under certain limits.

After users have seen all the phony about trying to protect the elites of the Walt Street hedge funds they have lost all confidence, it is evident that it is a manipulated and corrupt system.

The crypto community on twitter is supporting the reddit community. Elon Musk has an important participation with the support of non-censorship and doge.

Goes to show how powerful we are when we decide to topple these monopolists and bankers that run off of our money. GameStop has been getting more attention now more than ever not only in the stock market but as a game retail store as well. Oligarchs crying on social media and tv news prpviders about how this is unfair when they were the ones who told us poor people should invest in stock, truly a sign of a great upheaval from the underwhelming January we experienced last year. If it's for the purpose of making the rich cry and beg, why not? The main point of this act from Reddit users is to make a fool out of the Wall Street Bankers anyway, so I don't see why they'd feel awfully bad about losing some money, especially if it's for a cause like thiz.

This has nothing to do with competing against institutional whales. Where as GME is about sticking it to hedge funds because they shorted the stock to an unsustainable level, there is no institutional investor on the other side of the Doge pump. All it's doing is driving up the price and it's going to leave a lot of idiots holding the bag because they're chasing fast money and they think they're helping to rebel against hedge funds for some reason. This is actually much worse than what is going on in GME because this one is about pure greed and the people on the other side of the pump are other crypto believers.

But, is there any believable reason that the cause of doge pumping yesterday was those people who formerly invest in game stop then got suspended by robinhood?
I think, the main drive of doge pump was because Elon Musk tweeting randomly about it or I might be mistaken. Still though it's going down by a lot within few hours but still up like 300%, if doge could hold this price point, another wave might come.

I don't like pump and dumps type schemes, this isn't a way to grow crypto. The short term gains stifle the growth long term when you have a bunch of autistic Reddit investors creating crypto as a meme. 1k doge was like 88 USD or something similar and fell back down coincidentally while BTC rose. Doge investors liquidating their BTC investments lol

Once again, people show that if they get together and want something, they will succeed. This is a great lesson for those who believe that "big brother" is impossible to resist simply because he is big and therefore invincible. The bigger the opponent, the more painful it is for him to fall - everyone knows this but does not believe that this applies to the state, corporations and other whales of this world. It is enough to have a real desire and a good connection and you can achieve a lot, in fact. Isn't that what cryptocurrency itself teaches us all?

If you guys head over to the Dogecoin reddit,

https://old.reddit.com/r/dogecoin/

You will see there are tons of people convinced that its not only going to hit $1 but might hit $10 even. So $10 Doge/USD would put its market cap at $1.1 Trillion, basically there are maybe a few stocks with market caps that high. It just doesn't seem possible.

However people saw GME go from $3 to $500 which is a 166x gain or Bitcoin from like $10 to $42000 which is a 4200x gain. So they think that Dogecoin can easily reach $1. However they are forgetting that GME at $3 had a small market cap same with BTC at $10. Going from the current price on-wards is not going to be so easy.

It's definitely not. Below is a quote from a post made 18 hours ago:


I believe them. I'm not sure if $1/DOGE is possible, but surely these guys are not done yet. :)

I have always said it during this period, going into full crypto would not help achieve the goal of wallstreetbets aims.

Sure they could make some money, but this would be a simple pump and dump by them because only they exist in this sphere, sure there are some other crypto people in doge as well but it is basically all filled with crypto people and that's it.

However in wall street when they fight to keep gamestop at the peak points, that really doesn't just make them money alone, that also allows you to "stick it to the man" and that is an important part of the discussion.

If these people made money from GME that means there are companies like Melvin Capital that lost money and these people do care about that. Sure it happened to be at the same time but I do not even think this was them, it was probably only Elon Musk and nothing else.

Are these guys following Elon's shadow or are they people of Elon?  ;D
It's like whatever Elon did they are mimicking it.
Perhaps, it is connected. Just my own speculation. I am not really sure about it.

It's a good thing for me too although I don't really follow them.
I want to sell my Doge's at a good price as fast as possible. It's not like it's Bitcoin right?

It's not just that but there are many celebrities and famous people who are trying to deviate the crowd and get them invest their money 💰 into the cryptocurrencies or some stock. Right now Elon Musk is definitely having some fun since what he did with bitcoins , writing bitcoins in # and then just replying so coldly it's just regular for these people.
It's not only btc and dogecoin anymore , many celebs are targeting small currencies to use their full potential of it. Dogecoin might just be another thing that would soon be listed in top cryptocurrencies or it might just be like ripple , die as fast as it emerged.
But I would prefer buying bitcoins and not any other cryptocurrencies even though the price is rising so much , or even ETH it's performing very well and I do think we might soon see some good news.

And that's the power of Elon Musk, he's not only rich and famous, he's also smart, and this is what to expect with Doge's price, going up and even more so today, great news for Dogecoin and I'm glad Elon gave exposure to this quite "underrated" cryptocurrency, let's see how far the pump will go!

This is what I hope that even small traders, when the time comes, will have the opportunity to make the same profit as the big traders if they can really stand holding DogeCoin. bought it cheaply and was given the opportunity yesterday. I believe that in cryptocurrency, a person can change his life for the better.

Damn, that is one hell of a profit, to earn $22 million and that too multiplying his initial investment 400 times in a short period of time is magical. How to follow these groups when they plan on pumping these coins, heard about these pump groups but i thought these are just jokes but with the way things have gone in the past few days i would like to know more about these magicians 8).

no clearly info about that from WSB group , btw , i just following all of WSB thing on twitter , and so far, yes , they talk about doge many many times, but none of them has claimed they had do that. Also if that really because them , of course its just a big bubble, we can clearly see how many doge on circulation , and whales will join the party for sure.


is that investement a guy from youtuber ? because i also hear on twitter a old guy youtuber buying 50k of gamestop shaares and now worth of 35M

I do not believe that doge would be anywhere close those levels, even 1 dollars is impossible, however do not forget that even 10 cents would mean it would be 3x this amount, and that is with all that dump that happened after the pump, if it reaches 50 cents? That would be 16x increase, those are HUGE numbers and that is what people are going for right now.

You are going to see a lot of people who say 1 dollars or even 10 dollars but they are not really there because they want to make that kind of money, they are trolling and memeing enough to have fun while they wait, but this wasn't like what they did on GME, on GME they really hold and they did hold long enough to make it go up, in doge that wasn't like that, it went up but then crashed and that was it. This is why I think wallstreetbets can't go to crypto, it won't happen because they just end up selling.

It could be interesting to know what were the reasons for the recent increase in the price of dogecoin, the price reached a high two days ago of 0.078 and in some exchanges this was even higher, and since it skyrocketed out of nowhere the only explanation I have is this was a manipulated move so I would have the tendency to believe the reddit investors in WSB were somehow involved.

However I wonder is this not just another pump and dump scheme? Yes they made the price of those stocks go higher but then the price went down as the demand could not be sustained and most likely some of those in the group sold their stocks for huge profits, to me anyone that participates in that group is taking a risk as Wall Street is not going to allow this to continue.

Occupy Wallstreet 2.0 if you will.
In principle, people act in a decentralized manner en masse and are therefore difficult to attack. Not like back then when many protested 6-7 years ago in front of the central banks and stock exchanges around the world. It's kind of an evolution. So I'm curious to see how things will continue and if this movement grows or slowly die like Occupy Wallstreet 1.0.

OMG, if I had just kept all that doge I used to own years ago....I'd be a happy dude right now.

I don't know what's up with this Reddit manipulation, but it does make for an interesting story now that I've read a little bit more into it.  Makes me wonder what the government is going to do in response--they've already made Robinhood halt trading on some stocks, but crypto is another matter.  Do you think the government cares about whether doge is now at its ATH?  I'm not sure.

That feeling where you probably gambled a few bucks on a Dogedice site somewhere and now that same bet is a few hundred bucks and earned doge staking it lol for it to be worth a lot.
Gov doesn't care about the exchanges would need to cover the users' DOGE wallets or risk running a fractional reserve and defaulting.

At the end of the day anything that is just between us will not be really sustainable, because you are buying from me and I am buying from you and it can't continue to go up forever that way, we need to figure out a way to actually take money from the very wealthy so that we could take a lot more. Why did GME became so much popular? Because they were taking money from Melvin and Citadel, they have insane amounts of money, tens of billions of dollars, which means there was really nothing hurting anyone, who got hurt from this movement?

It was just few hedge fund managers and their rich friends who invested into them, that's it. That is the way we should be thinking as well, and honestly we do not have that in crypto. Sure we could maybe try to earn as much as possible with the increases, but the reality is that wealthy people have bitcoin too so when we get richer they get richer too.

Everyone feels the same in this delusion in the past years. I have had hundreds of doges. If only it happened now, I might get rich quick. lol

I am sure that behind this everything is controlling. I do not know whether this is the government or not, what is clear is that influential people will become a shield as real manipulation, but with this big pump, will doge still survive half the price of ATH? or will it return to the original price? how do you want.
At first glance, a lot of doge is used for gambling, but if it is expensive it will certainly reap for gamblers.

You can never underestimate the power of the crown. Doge has long become a prominent coin for many years eventhough it was first created for a joke. But now, many people have benefited themselves with this coin. Moreover, various companies do accept doge in the payment system due to the low fee. Not only that, gamblers really like to use doge since it is a cheap coin with cheap fee in which you are able to play many matches with such a low fund

Doge deserves to climb to $1. Institutional investors must have been scared of the retailers since they have lost more than 1 billions cause of GAMESTOP. In conclusion, right now, everyone has the same influence. We have the power to shift the current monetary system to the fully decentralized one. Let's go

I have done that with bitcoin and I am fine with it. On early days of bitcoin I have gambled 150 bucks with bitcoin, If I am not wrong that was a bit under 2 bitcoins at the time, and I ended up losing it. Today that 150 bucks is 60k+ dollars, and would have changed my entire life.

However I am not really living with a regret of that move because of two main reasons, one of them is the fact that I would have sold it if the price reached over 500 bucks, I wouldn't have waited for it to reach 10k+ let alone 30k+ price there is no way I can hold that long.

Secondly and more importantly if I was capable of figuring out how high it would go, I would have put everything I owned into bitcoin and not just 150 bucks I got some where, since I didn't see bitcoin going this high, I just had 150 bucks, that is proof that I never really understood what it could be in the future.

What would be the motivation be for the Reddit group to pump Doge coin? Their strategy with the whole GameStop thing, was to put some institutional investors (brokers) into liquidation with the Short squeeze... but there are no large firms invested into Doge Coin.  ::)

They might pump it to see if they can bait large investors to invest in Doge coin and then once that happens.. they might dump it for a profit. (Crowd Squeeze)

I hope Doge Coin is not a test run for Bitcoin, because that will be a tragedy if they start messing with Bitcoin. (It will take an enormous amount of money to do something like that)    ::)

That won't happen for real, believe me. Even if the market will grow tremendously, bagholders of dogecoin will just dump it while it's pumping which will lead it to push back again to stop hitting $1.

I think it's possible only to happen if it goes up to the point of growth in the price of $0.1-$0.5. That's close to the hope of $1 but look at its supply, it's the reason why I think it won't just happen.

I agree with this sentiment because there are so many people who bought under 10 cents even more people who bought under 20 cents, which means we are talking about people holding through 5x and even 10x increases and that doesn't happen that easily. Plus, the fact that bitcoin needs to stay the same, the whole crypto market stays the same, nothing big happens in any coin, but only the dogecoin goes up 10x for those investors? That is impossible.

Even right now it requires price to be 33x to be higher, seriously a 33x increase just to be 1 dollar, can you imagine how big that is? If you invested just 10k that would become 330k, if you invested 100 bucks that is 3.3k suddenly, it is really impossible for that kind of investment would happen that easily without anything else ever moving and just watching from the sidelines. Hence, I doubt it could ever be possible.

Big Internet communities are hugely underestimated. I've watched some videos on Youtube by Internet Historian and found out about truly crazy things like identifying someone who was in a mask or finding a flag by a stream which features nothing else, and this was all done by angry people like this. The Gamestop case is very interesting because it shows how a bunch of guys can trigger something that would cause hedge funds to lose tons of money. And it also shows what hypocrites are those guys who are in the traditional trading market, but say that this is the real deal, whereas cryptos are speculative. Gamestop shares rising so much in price was very speculative, even though they're backed by the real shops, unlike Bitcoin which has nothing behind it.

Gamestop stock is now just over $100. It looks like the attack is on its last legs and the question will be whether the hedge funds will hit back and go massively short again or if they will wait and see. With the former, the game could start all over again. There are also increasing reports that one or the other small investor has made massive losses as a result of the campaign. As always, there are winners and losers.

It would be fun if Robinhood decided that it's over and let the retail investors buy more shares of Gamestop again and it goes up.
Seems like a hedge fund play covers the shorts then you insult them by resetting the table and telling them to ante up.

A lot of people enjoyed the recent movement on Doge done by the reddit group, however, those who got FOMO during the hype had to suffer. Some people lost thousands of dollars being left put on the top and I don't think there will be another pump happening soon on Doge, so it's either they have to sell and move on or wait for a long time. The Reddit group is not far from other pump and dump group.

The question is, what price to consider "good"? There are 803k members in r/dogecoin currently, and these guys are not going to give up easy. They are aiming for $1/DOGE at least. And apart from buying and holding, they are doing different kinds of things to promote DOGE even more. Just look at this post made 5 hours ago:

https://i.imgur.com/THztHBl.png

DOGE to the moon! :)

It Is obvious that people who pump things will end up with nothing good at all in the end if you are not going to keep it up. Why does this GME thing continued this much? Because they were promoting how they should hold and hold not sell, sure if you buy that Is great but the main talk point was holding and that makes it very valuable and that Is the point.

It means we are in a world where holding is more valuable than buying because as long as people hold that means we are going to have the price at a good level. Doge and bitcoin did went up, but there was no holding, if you do not hold it is just a big increase that followed with a crash that ends up being nothing at all.

I think we are witnessing a new phenomenon here. r/dogecoin is up by 50k new members and DOGE is up by 65% during the last 24h. Previously only big whales could manipulate the market, and now it's hundreds of thousands regular folks buying $100-$200 worth of DOGE, and holding it. Yes, it will eventually crash after reaching “too high,” and, thus, unsustainable price. But two questions remain open:

1. What price is "too high" for DOGE?

2. To what price DOGE can descend(will there be a new "bottom")?

Meehn ::) doge has been making some really crazy waves since last year till now. With all those heavy waves there is no doubt that those investors who have been HODL’ing doge steady are filling up their bags right now. The first bull run happened with doge when it was pumped last year, now this is another pump damn! Even at that there are still lots of people who are undertaking doge and saying that it is not worth it. People will keep telling you that a coin is not good, but that coin will be doing great a lot of times and still growing more than the ones that are considered to be good ones.

At January, 29th Doges really got crazy. They were pumped to 0.025$ than again decreased to make a new jump to 0.038$, and finally got to theirs ATH 0.07$. That was really crazy day. Now they decreased in prise though they kept their position on the12th place in the coinmarketcap.Today Elon again gave some "signals": "dogecoins is a people's crypto". So maybe we are going to face a new pump soon..

https://s8.hostingkartinok.com/uploads/images/2021/02/1484844248d2a658400fd414396e3e1f.jpg (https://hostingkartinok.com/show-image.php?id=1484844248d2a658400fd414396e3e1f)

Elon Musk is really something else, he proved that he can somehow contribute in doge coin's price which made me invest on it.

Imagine that kind of increase will surely made people to invest on doge for a long term, that's the reason why we should also explore other coins.

Also thanks to reddit on sharing their thoughts about this coin, hoping that we can make this doge investment more profitable in the upcoming years. I know that Elon musk will never leave us and he will do anything for us to not doubt doge coin in the market.

Here we go again, Elon musk keep tweeting about doge and post some pic about Doge.

And after that tweet, the price of doge rise more than 20% on this day.

Untill now i still confused, whats the point for elon musk keep doing this or maybe she just having fun with all of that tweet meme.

This is a serious issue and while there is nothing they can do about what happens in the market of cryptocurrencies and they probably do not care, the fact they did this in the stock market and that the news made its way around the world tells me they are going to take this seriously, I really think that people are playing with fire and they do not understand that Wall Street is going to move its influences so this never happens again.

So I think we have not seen the end of this story and we could even see criminal charges being brought against the organizers of all of this.

But this looks effective , because looking to the value of Doge? it's still kicking and not closing to 0.05$ again.

https://coinmarketcap.com/currencies/dogecoin/

Maybe this means it is not a coincidence ? because the last time he twitted the price of Doge really gone wild.
Or maybe He is Investing in Doge of course? i don't think He'll Pay attention to Doge without getting His Piece of cake?

He buys the dip puts it up for sale and pumps the coin.

He has most likely made more money 💴 in the last week then i made in my entire 64 years of living my life.






at vod apology accepted.

The price have rallied multiple times in a short period of time which is something new in the dogecoin market and as long as i was holding doge for a long time and i usually use them to gamble once in a while and holding the rest just for fun and expecting the market could raise during the rally. The problem some people does is that they invest when the hype started the pump and they end up getting stuck.

Seeing people buying on Binance many tens and hundreds thousands of DOGE(worth thousands of USD) at once isn't that unusual currently

https://i.imgur.com/ERJaFHc.png

I'm wondering how it can end up for them, since it looks like all the resources for pumping are close to exhaustion? I may be wrong, because the Reddit gang keeps doing things like this

https://i.imgur.com/sceX9lT.png

on New York City's Times Square(was posted on Reddit 7 hours ago). But can further promotion of DOGE initiate a new pump at this stage?

As I tried telling many of my buddies who reached out to me asking advice about all this, it was inevitable that it would all come crashing down.  The same thing for Doge, it's a shitcoin and it's future potential is zero.  Reddit only has a part of these rises to which is important to remember.  A lot of people get whim of the reddit favorite trades but do not plan on going along with the whole group, as it's just a quick pump and dump for them.  Foolish Redditors often seem not to realize this.

I too think that DOGE can't go up and up forever. What's more is that no way it can stabilize around the current price, $0.078. Most likely, the price will crash down to $0.01 in the nearest future. However, I must say the Reddit experiment has been a success so far. People who were buying DOGE at $0.045(see my post above) are in a pretty good profit right now.

Now I wish I would have kept my million doge untouched in an old doge wallet. It is funny I changed them only two months ago for peanuts! Such bad timing really.
Still, do not get fooled guys, dogecoin is a joke and it will stay that way. Cannot rely on an abandoned project.

Dogecoin is one of the coins that I least expected will go through bull run this year and the reason is because nobody talks about Dogecoin. Yep, I know that Elon Musk talked about it, but that’s just recently, for a long time it seemed like everyone has forgotten about Doge. When I look at comments I don’t see a single soul mention it, and even people who try to talk about it are being told that it is turning into shit coin.

It’s something that was least expected, those who believed in it and kept investing despite how everything has been are really going to happy at this time, if they didn’t invest and kept believing the price will increase, they wouldn’t have been able to achieve it now. Ever since all these news I have had my eyes on Dogecoin, just want to see how things will go and whether this growth will be something that will continue.

The price of dogecoin still remains high but as we know it is impossible for pump and dump schemes to last forever and as soon as panic begins to take over we will see a huge crash coming to dogecoin, at the end of the day this cannot end well, only a few that are smart enough to sell at the top are going to be the ones that obtain profits while the rest that were so happy about beating Wall Street and now beating the market of cryptocurrencies are going to suffer massive losses.

This should be a lesson to the newbies coming to this market, there is not an easy way to make money on them and anyone that says otherwise is lying and they should learn that participating in similar exercises that are promoted over telegram and other social media are a waste of time and money.

It's hard to predict something and get to the bottom of the truth, but nevertheless, the main reason for the current situation is voiced by the name of Elon Musk. Let's hope that his word is not manipulative. I believe that over time, all the Secret becomes apparent. But the fact remains that Doge began to rise in price regardless of the purchase of a large number of coins with Butter for his son, because almost all of the top-rated altcoins began to rise in price.

Well, first off, it's not necessarily a waste of time and money. DOGE had grown by almost 1,000% within 3 weeks, starting from January 20. I'm sure there were people who cashed out 10% at the peak, recovering their initial investment. Secondly, no one was asking(I mean, on r/dogecoin) to buy DOGE with all your money. Obviously it's a game, and you don't put in a game more than you can afford to lose.

We'll see if Musk was right about the current dump by the whales, saying this yesterday:

https://i.imgur.com/5RnM4yX.png

The game isn't over yet (probably). We'll see. :)

Yeah, it has been crazy but the pumping behind doge is unexplained because there is nothing being built on the dogecoin or anything like that, at least i am not aware of anything like that. All I know about why its going crazy is because Elon has been tweeting some strange tweets about dogecoin to the moon and that makes it everyone buy it hence the price going up.

I don't know why he is pumping dogecoins and even Bitcoins, I appreciate him doing that but there must be a reason for him to do that. Lets hope there is no scam or massive dump coming up because not everyone is as rich as Elon Musk to handle losses in case dumps actually happens. He might become a overnight villain if some kind of dumps happen.

You know what? Just buy when he tweets and once the market is pumped up sell them and get out of the market. That is what I am doing as well and made some good amounts already without risking much because even I was baffled why he is pushing doge.

Maybe there is some kind of a partnership with the dogecoin owners or investors and seriously if someone had asked me which dead coin you believe would get blown up then I would have said any coin but doge-coin because it has been one of the oldest coins and hardly there is any use of it now. I used to use dogecoins to save fees but now we have multiple coins to avoid fees like tron so I stopped using doge-coins long back.

How do you determine that it's still safe to ride the hype? Like knowing its peak price during that time. I only tried it once and never bought again when he tweets about it. It's difficult to get caught above and wait until it pumps again to sell at a higher price, dogecoin has really no use-case so it's only pumping because of Elon. If you bought late then you will just lose money. People without any knowledge about crypto lose alot of money because of his tweets. Some of them believe that dogecoin can reach 1$ in the future.

DOGE is down by 30% since a week ago. The price is $0.05 currently, still high, compared to $0.0035 two months ago, but it looks like this is it. There are too many DOGE around, 128+ billion coins, for reddit community to pump it big again. Those are my thoughts, but, of course, who can know for sure? There's a nice meme in r/dogecoin regarding this

https://i.imgur.com/hsp9iQ8.png

In the mid and long term, Doge will return to the low levels it was before the pump. Quite simply because there is nothing fundamentally in favor of this coin. It's a fun project, as it was planned and as it always will be. And a meme and play object for people like Elon Musk who briefly push the coin out of self-satisfaction. There's a reason Tesla invested $ 1.2 billion in Bitcoin instead of Doge.

Actually, once the fun is over, the dogecoin might actually die as a cryptocurrency because already a dead coin it was and slowly dying. I remember a very good statement from someone "good advertising and popularity can kill a bad product even faster" and that is what will happen with dogecoin eventually as everyone who is buying now will want to get rid of it once the fun is over and Elon Musk stops the fake pumping through his tweets.

The smartest people right now in the dogecoin market are those who already cashed their profits when the price reached its peak. The dumbest will be those who keep holding the coin despite the price slowly coming down in hope that Musk will again pump it, and frankly speaking even the tweets from Musk are becoming insignificant and unable to lift the dogecoin market.