Bitcoin Forum

Okay, Elon Musk just twitted an image with title: Doge WOW.

https://i.imgur.com/90807TZ.png (https://twitter.com/elonmusk/status/1364560733472579591)

It's interesting to see what will happen. Image itself is optimistic and the idea behind is that Doge will go to the moon.

What do you think, what will happen? It already has enormous reactions in just some minutes.

Tweet's link (https://twitter.com/elonmusk/status/1364560733472579591)

What I think will happen will be the same thing as anyone here is thinking about it, that Tweet will cause another pump in the market for Doge and people will be late in the party when the prices go up, so if anyone sees this post, you might want to go and get yourself some Doge because I can guarantee that the prices are definitely going up again.

There's still not that much reaction for Dogecoin. Maybe most of the Doge retail investors haven't seen the tweet of Elon because if they do, they'll certainly push the prices up again.

Elon likes to use Dogecoin as his meme and if it moons then congratulations to all of its holders.

That "literally" part is interesting. SpaceX was selected by NASA to get more humans to moon. I don't know how far or near that mission is, but... do they plan to put a dogecoin flag there, or is he only signaling that their lunar mission is rather close to be finalized?!

I think he plans to actually put the dogecoin's flag on the moon. This man is crazy, that's what I expect from him because of his craziness <3 And I love his craziness, that's what makes him unique but people's reaction on his posts aren't adequate.

I can't believe too. I think that right now, people think: Elon Musk tweeted something on doge, people will follow him and price will rise. <-- If everyone thinks so, everyone will just make the price to rise :)

I think that's what Elon is doing right now. he plays in the crypto market especially on DogeCoin. I think this will happen for other crypto assets as well. or indeed this was a game Elon enjoyed to benefit certain people. it's just my bad thoughts  :D

well that's Elon, it won't be easy to guess, when the downturn we witnessed yesterday, cost him a huge loss (for us, maybe not for him). and here he comes back again by updating his profile, and also making new tweets. DogeCoin market is in immediate action, but still below last week's ATH price. So I see this to be the start for DogeCoin to return to the moon in the coming days. Hold your doge, he makes a very hard swing.

I do not know about others but it really looks bizzarre to me because doge was intended to be a fun coin with no real use cases or ecosystem, i would have loved if Elon supported the mainstream coins like btc, eth, ada, dot or bnb.

Not new,  We already see more than one tweet from elon musk. From my opinion,  Maybe elon musk want to make doge as a most popular cryptocurrency. I also like doge for it’s transaction speed and fees.

I am not going to buy coins based on elon musk's tweet, because I think the current price of Doge is too expensive. I will not invest in Doge coins until I think the price of Doge is cheap and worth holding.

Doge pump right now, 20%++ and counting. That's the power and influence of Musk again, and then another set of FOMO for noobs investors and pump and dump group.

So let's see how this "artificial growth" will be and how people are going to take advantage and make them moolah, thanks to Elon Musk again.

Another twee, another pump, DOGE pump 22% today, probably that's because of that tweet, at least the influence is now little compared to the first tweets.  https://coinmarketcap.com/currencies/dogecoin/

https://i.imgur.com/n1JaGn7.png


I'm excited how this pump will go, will it continue like in the past, or it will just back dump soon?

If that tweet can make Dogecoin increase more and create a new ATH, I will be happy because I already buy some Dogecoin ;D

But I am curious if that can happen after that tweet as many people buying Dogecoin more than 180 satoshi, so I guess that the pump will be more than that price ;D

We will see it later. Hopefully, the pump will explode.

That will be another round of profit for Doge holders and for himself as well, he openly admitted that he purchased Doge, so expect that he is going to shill it a lot, I wonder what's the next coin that he is going to shill, I hope he shills and actually bought coins/tokens that I had in my portfolio, he is the new and a better version of McAfee.

People want to be successful in life, so they are looking for an example to follow. And Elon Musk is just such an example more than appropriate. Many see his success, both as a businessman and as a public figure, and therefore strive to follow his advice and deeds.

Elon loves memes and this is obviously a meme about Doge coin getting to the moon and I won't be surprise that people are actually taking this seriously. He has so much influence on Doge coin that it's kind of scary, just look at the price right now. He's becoming like Mcafee 2.0 at this point, but cooler.

and everything Elon said was truly believed by his fans. really Elon has a large following and believes in him. I think some people are considering Elon as a god in the crypto market with words that make the market move.

Back in the day, when it started, it had some reaction. Like if Elon posted something about Doge, it used to get pumped but these days, it’s not anymore happening. People don't count him anymore. He has been posting on Doge every now and then these days.

I think his tweet had some effect in first one hour or two but after that, doge was moving according to bitcoin's price movement. I'm glad, people didn't follow his words, seems every new tweet from him related to price manipulation loses value.

Judging by his tweet, it probably will, if it's not just another joke. It would be interesting and Dogecoin would be the first coin to land on the real moon. The launch of the Falcon 9 rocket with the Nova-C module should take place in October 2021 and it is quite possible there will be a Dogecoin flag along with miniature cars for the first races on the moon. I will not be surprised if this happens.
https://newatlas.com/space/moon-mark-lunar-race/

For a few days, I have been following his tweets. Although I am a doge holder lately, I have a different experience. Elon has been trying hard to pump doge somehow. Every time he makes a tweet it gets a little pump then reset again. I am assuming he had been making more money by this way. Of course, he is a fan of doge although we don't know the exact reason behind it. But I believe since he is playing behind of doge, then somehow he will throw in the moon or Mars. But it should hold for a long time IMO. If Elon continues such as tweets then more investors would enter into it and probably his tweet would be true as said about the moon, or he is accumulating more and more.

Yes, that's why his company invested in Bitcoin! They know which one is good for holding long term. Bitcoin has a future and potential to grow more when all other altcoin are busy for following Bitcoin's movement, Basically every altcoin are following Bitcoin's market chart, most of them are started growing when Bitcoin start pumping and started falling 3x more than Bitcoin. So, it is not matter of seeing what are they twitting, the main thing is what are they doing. TESLA invested $1.5B in Bitcoin not in Doge.

The influneced from those who wanted to ride with quick gains still there but for those people who are into this business for long term investment ain't being move that much.

Those who are really doing their research are not minding influencial people to overtake their decision making, though if you are also
aiming for fast results, taking chances with this kind of information might give something to your investment.

Either you able to ride with profits, or the other way around where your money will be trapped since volatility may hit you downward.

Because Doge is already on the moon, that is as far as it goes.

I thought this was a last week's tweet but then I checked his twitter account.
What now? Another moon-level increase for Doge?
It's like it is now all celebrities' words that drives the market really really crazy, same goes to how it was for Bitcoin.

I think it's just another hyper post on DOGE coin by Elon musk I just don't want to be part of it because I think it's all just hype and I don't want to invest in a coin that literally has no future because it doesn't have any use. As we can see in the DOGE coin chart it's just staying lower than the ATH around .08 or something and I don't think it's even gonna surpass that and I didn't think it's even going to reach 1$ at all. It's better to invest in other altcoins that actually have a potential for long-term investment than gambling it in DOGE coin.

BTC was worth cents when it was minted, today it’s beyond visible universe. So let’s drop the idea that this is the end of its limit. :-)

---

Don’t forget guys, above this Elon Musk has followed Dogecoin official handle along with the Dogecoin Development Team handle also.

All the way there are only 100 people to whom Elon Musk follows and DOGE is one of them.

So I believe he is surely into something and want DOGE like couple of dollars!!

I think Elon Musk is making the tweet at a time not proper for the coin to pick. A time that bitcoin is dropping. I have not observed many altcoins moving against bitcoin. The reason is bitcoin is a pair to altcoins more than any other coin. It is first choice and doge can't be compared with bitcoin. Investors won't involve money in doge because they are already cashing out from bitcoin. Profit time is a time to be careful not to be hanged up with no expectation.

I checked the price and you are right there's hardly movement on the price, but wait a couple days if he follow it up with a tweet again and the price don't move then we can conclude that investors are not following anymore, it's time for him to support a coin that really deserves to get a support, how about giving it a try on Uni, he should support decentralize project.

It's great trolling for Elon. Everything after see this tweet go to coinmarket and looking for DOGE. But buy this tokens, on my mind, is not reasonable. But if you remember Marscoin... wonderfull

I'm not really sure it will affect the price of Dogecoin again, a lot of people have lost money due to by buying Dogecoin at a high price. So be careful

But the price of Doge still moving upwards and this likely to show that many investors are hoping that Doge will finally reach its destination which is to the moon.
EM musk has overly optimistic, people can't just believe him as saying they will bring people on space and use Doge out there as what I pictured on his tweet. It could something to say that it was unbelievable and I think he just wants more attention.

And the price jumped again. Not quite sure whether he's doing a favor or sending a wrong message about crypto. If he really wanted to make people interested, a few twitts would have been enough but he here clearly seems to be either manipulating for a profit or is demonstrating how easily crypto could be manipulated.

Doge bottomed @ $0.043 and now the price is playing in $0.05591 which is indeed a rise and im not really that much aware on this tweet and it seems
Elon is really hyping up DOGE and the market did really react with it but the question is, would really he sell on the top or peak price?
For those who are having those FOMO feeling then be careful. You dont know on whats actually behind.

It's interesting to see that every time Elon tweets about doge or bitcoin what follows up is a pump of those coins but that tweet in the OP could mean crypto is going to the moon like literally speaking or crypto is about to be pumped,his done it before and he might do it again.

Besides all these moves being recorded as positives, I hope that him being a whale won't lead to market manipulation .

yes, what you say is very true. The tweet that elon musk shared has created a huge reaction for all the traders, it looks like they are desperate to have lots of Dogecoin in their wallets. but I am sure that Elon Musk will return to pumping the Dogecoin price with a higher price than before.

Because of his name and the his contribution to business sector, he easily allure those newbies
to come and invest, it's very difficult to follow things without concrete knowledge about the
assets that you'll going to place your money, Very risky you have to study and learn first before
dealing inside crypto market.

If Elon Musk lands on Mars and takes a picture of the Doga emblem, then the price will temporarily fly into space, but then return to the beginning, because all these are temporary machinations (which Ilon, by the way, has been doing lately!).

But this time, Dogecoin is not pumped like before. Maybe it needs more time to increase and get a pump. Dogecoin price seems stable for now because bitcoin price is not rising higher. I think Elon want to make another noise like before which can attract his follower to buy Dogecoin. I only think about what happens to people who buy Dogecoin at a high price before because if the price really gets pump so high, they will have a hope to sell their Dogecoin and make a profit.

Responding to the tweet published by Elon Musk was very interesting and even made a positive reaction among Dogecoin traders, after the tweet appeared for a while the price of Dogecoin rose slightly, but now it is as normal. The price of Dogecoin is no longer as bumpy as before hopefully elon musk will buy another altcoin to increase the price.  ;D ::)

There is plenty of good projects but I wonder why he is creating hype about dogecoin. Dogecoin is already overpriced and it's a dead project. Even its dev leave this project long ago. With such a huge supply elon pushing its price so hard. If some other celebrities were doing this then I would say he has been paid to do this but I do not know why he is shilling this shit project.

Obviously, there will be another pump will happen about in dogecoin price value in the market. Where, I am pretty much sure a lot of coummunity especially the dogecoin holders will try to attempt to buy it. But lets see if my assessment is right or wrong about this matter anyway.

He has already pumped doge coin so much with his tweets, i do not know what else he wants. I think he should now publicize his deal or contract with the dogecoin team because i dont think he will do it without any readon or personal gains.

The more Elon Musk shills Dogecoin, the less effective his posts become for price growth. Subscribers who have previously lost their money on the Doge Pump are already wary of Elon Musk next posts about the price flight to the moon. Therefore, the price of Doge will change according to how the price of the bitcoin changes, and not on what Musk writes.

After that, there's still no movement for Doge. I guess it's a sign that those people who keeps up with the hype should start changing their strategy and choose fundamentals than hypes and tweets of Elon.

Yeah, probably it's been already profits time for them and they'll just waiting again for another dip to come. Lower than these corrections that we're having recently.

It is not a secret that the price is not moving according to fundamentals but it is a mere hype train and a speculative market for years. The tweets of Elon Musk has proved that multiple times and investors does not care about the core fundamentals and all they look forward is pumping the coin so that they could earn the profit they are looking forward.

I feel a quite dangerous to buy doge coin, I've been predicted this coin for several months and always see this chart pattern when something good happen like a tweet from Elon Musk.

But, I never make a decision to buy this coin. The chart patter always make me afraid, take a look with monthly chart pattern, the candle that always be formed was like shooting star.

It means many trader is not comfortable to hold the coin and he will sell all their asset after he has profited. The price movement will just volatile when Elon Must make a tweet but after that the coin will just fall drastically.

Elon Musk rudely manipulates the market, for some it is good, but for some it is quite the opposite. I see how some are trying to justify his actions, by the fact that on this Mr. Musk raises his authority and popularity, promotes cryptocurrencies.

But I see how only one side wins, and someone in the end will be among the losers. Although it is strange that Elon Musk decided to advertise exactly the meme-coin. It seems to me that if the focus of a businessman's attention was a larger project, then many would take what is happening more seriously.

Elon is overhyping doge and so many big parties disrespect with elon's decision as it can attract the regulators to see that as a something that will need more evaluation.
The tweet has been giving 10% increase for dogecoin but as far as i know that is only for the short time and no more.
You must understand that if people will not follow it forever.

It's undeniable that what Musk did is a plain manipulasm by influence, and I do agree, a coin that could eaisly influenced like that I don't sure stay true to its ideal which is decentralization and prone to be taken advantage of by certain people and the people behind the pump also should be responsible for themselves if anything went wrong. Though I anticipate these kind of things to happen quite frequently in the future.

You are right and that is also because people have understood that as much as Musk is promoting the coin, he isn't actually buying that many himself. I don't want Musk to do so, but if was actually so so considerate about dogecoins then he should have invested 1B or something close to that as he invested into Bitcoins.

People are emotional and easily influenced by big personalities like Musk and that was the only reason why dogecoin even reached the value it is holding currently. Seriously why he is doing that, if he can actually reveal the motive behind it, might make more people invest into dogecoins. But just shilling for a coin all day without letting others know the real motive and inspiration, isn't going to create any further hype.

Who knows what Musk is doing behind the scene, in the beginning he might be having fun tweeting about doge and when he found out that his having the influence to change the market he might be investing in the background and profiting from the outcome. You never know what is happening when he comes out with these tweets and with his company investing billions there is something boiling behind the scenes.

People don't react seriously to his tweets/jokes and that's a little progress of our society (it's a very sad fact that price was pumping after Musk's tweet). But I think he is just testing his powers and analyzes the results of every his tweet about Doge's price. I highly believe this man will do something that will seriously cause the rise of not Doge but probably Bitcoin or others, I don't know what's in his plans. From his tweet, I think that he may plan to send the Dogecoin flag to the moon? Something like this will definitely happen, I believe in it!

Elon Musk probably bought some. Or maybe he just wanted to bring the attention to Crypto in general buy investing in Bitcoin with his company, but also showing that the crypto world is a fun one like with doge.

Maybe he is even the biggest Doge holder, as explained here: https://decrypt.co/57352/mysterious-dogecoin-billionaire-elon-musk-birthday

All of that is just an speculation, Elon would not become the richest in the world if he is not smart, I have a feeling that he had already cash out the profit and will not intend to hold long. he is just riding and hyping the market, if he is a real holder, didn't he announce this when the market was still not in bull run.

And even after this my doge hodlings in ownr wallet was not pumped...

That's too scary, I hope everyone will realize early that all of Elon's statement is just to hype Doge more for his personal benefit and I also hope it will not result to his investors losing trust on him, it's hard to shill a coin in the market cause if bad things happen, those who influence the investors will be blame.


This makes sense.  ;D

This is inevitable, it's just the flip side of the problem.  Anyway, I still believe that MicroStrategy is indeed more reliable, even though his strategy and Elon may be contradictory in terms of vision and computation.  Elon can do anything if people are willing to pay attention to him, but clearly, from the Doge movement, people are adoring and adoring Elon Musk is immense.  There are many tricks and levers between them.  It also seems that the competition is not easy.

Now Elon Musk has resolutely taken control of the crypto market. This very smart and one of the richest man in the world! He is not afraid to take risks and flirt with new technologies. Thanks to such adventurers, humanity is moving forward. I certainly respect Mr. Musk, but it saddens me that the price of cryptocurrencies can be influenced by the words of one person.

He's not literally taking up the control because if we do base or consider on how many people been engage on holding up Doge then it doesnt really need for him to buy
Doge himself but rather on using up people on a manipulative way.We know that he's capable on buying up things knowing to be the richest man but it wont really
be necessary as if he can drive out the market on just using up this words presuming that people would really be having that kind of presumptions.
Doge as of this moment is on moving sideways and i do felt sad to those people who got in the Fomo.

This guy has influence on crypto investors, since he is the richest man investors believes if he post about a certain coin then in no time that coin is gonna pump, this is because alot of investors Will want to jump in and invest after seeing his tweet but this might not always go the way we think, he might post about a coin without even investing in it so investors should just be careful and strategise before entering the market.

I was on his profile some hours ago and looking at his social life, he will be very a stubborn type when mess with perhaps his Tesla life made him closer to cryptocurrency.
About doge coin future, there are rumors that he will be abandoning the project if the founder failed to reduce their bags because technically, he his making them richer and I bet he may not have lots of bags when compared to the founders.

The funny thing about this dude is that, he is just a child inside and he just makes funny tweets and jokes and people put their life savings on it. Even if you asked him directly, he would say that he is in for the giggles and he is not really thinking doge is a great coin, there is no possibility that anyone with just a grain of financial investment knowledge would think that doge would be a great investment to put your money in, we all know it is a meme coin that is fully meant for a fun and nothing more, it is not there so you make profit, it is there so you can spend it on funny things.

However some people put Elon on such a high table that they think anything he says is serious and very smart and if a person who built electric cars and spaceships he must also be great at knowing which crypto to invest into, which is not true and they are very very wrong.

The very big mistake of many investors who are just blindly following him, instead of doing good research before riding with the train, they'll just entrust their fate with Musk tweets.

Funny to say but there are people who believe in luck and they are doing this business the same way with gambling, hoping for luck to comes up if they'll be able to ride with this super billionaires potential investment. Crypto peps are mostly looking for reason and with Musk, they take it as basis of any market trends that may comes up.

not the whole crypto market because he havent featured every cryptos in his tweets but he has a 1 favorite coin and that is dogecoin .
he is smart and he has a proof but his smartness works well outside the cryptos because his coin choices in crypto are not that smart but he is adventurous  .
he can venture risky things because he is already rich but for non rich indidviduals they must be careful of following thier idols

I think this could be a double-bladed tweet. DOGE could be on the "moon" now, but that could also mean that it is way overvalued and Elon is intrinsically trying to express that, but we all know he likes to entertain the crypto twitter. :D

DOGE does not have a future if you ask me. Cryptocurrencies which do not provide actual value to the market will perrish or are going to become a niche market like penny stocks.

It's a very bad thing to see that but the tweet created by elon didn't give any impact again on the price. The price of dogecoin is quite stable at this moment dude and when bitcoin could go up again and that will give a very big impact to the price of doge. I don't put my trust in the tweet created by elon anymore.
The market is seeing it as a common tweet that has no power. So many speculators known about this too.

I think this probably attract more investors in few days and those signs is a good factor to help doge increase towards most profitable value. Hype could go beyond limits, so if we found a good time to treasure that opportunities let's do it now. Because Elon is the key of this coin to move forward successfully.

Elon Musk has been playing with Dogecoin for quite some time. Moreover, no one can understand the rules of this game. I see no potential in Doge coin. There is no seriousness in it. The project was initially humorous, without ideas and plans for the future.

The unpromising coin kept on one low bar for a long time, and as soon as Mr. Musk got bored and decided to have fun and remembered about Dogecoin. But at the same time, the result was, albeit small and short-lived. Dogecoin holders did manage to make a profit, which is good.  8)

My brother receive this profit and I'm glad for him!

Yeah but I feel all Elon Musk topics need to die down, I get that he did something and we are over that right now and it did had a impact but can we move on from that already?

I do not care which coin he pumps next, and even if he comes up and says like "forget doge, there is this blablacoin and that's awesome!" tomorrow I know that people will be super hyped about that coin and in the hour he tweets that the coin will go anything between 2x to 100x depending on the volume, dude literally said "there will be a marscoin in the future for sure" as a joke and some non-related marscoin skyrocketed 9000%, and how wrong that is immeasurable like that is insane. So long story short we as a community need to figure out a way to remove his importance to crypto prices, will we be able to? I do not know, we may not be able to do that but I feel like we have a chance to do that if we just stop caring.

You can't really compare a successful businessman like Elon Musk to a criminal such as John McAfee. Elon promoted Bitcoin, giving solid reasons for doing so. And if you check his tweets carefully, you can see that he has never asked anyone to purchase DOGE. He considers DOGE as a joke. On the other hand, McAfee got millions of USD in bribes, for promoting scam projects. As far as I know, Elon hasn't received any money for his tweets on BTC or DOGE. And he hasn't benefitted from the price fluctuations, as he don't own any of these coins.