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So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

Of course this happened. It is nothing more than market manipulation. Now a lot of people is losing money because they missed the Doge train.
If the price will continue to drop, we will see some hype around it and pumping because of those that bought high.

There is an very true statement that every trader knows: Buy the rumors - sell the news!

A master of manipulation. People praise him like he is a kind of god. He is just a human being who happens to be a billionaire. He loves money as much as you do or maybe even more. People better use their brains and not count on AI from Musk instead. You will be musked in the end.

https://twitter.com/elonmusk/status/1361094185412100096
Elon Musk(C)
@elonmusk
"If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo.

I will literally pay actual $ if they just void their accounts"

This is part of a big game, everyone understands that the coin has very many owners with large wallets, but people continue to gamble.
minus 33% in 24 hours

How can people expect a serious announcement about something unserious? This coin is based on a meme, what normal business would invest their capital in a meme? Buy BTC if you want to live a more peaceful life without checking the Doge price every minute, people will die of stress this way.

It's slowly showing that Elon is really on Doge and for pure manipulation. And what a dump, from as high as $0.60+ now it's $0.44. But then again, we all know that Doge cannot sustain it's massive growth, yes in the future it might go up again, but for sure Elon and others are taking advantage and probably buying at this price and then go shill for it again to push the price and then dump again.

The process will continue until this alt coin bull run is over as investors will go back to BTC again.

What do you expect he gonna shill it like hey I'm gonna promote dogecoin until it reaches $1. Im sure many got rekt on the apeing at 0.70 level and straight down to 0.55. I saw the trend line suddenly straight to hell. The event is literally not about dogecoin but some business and social matters.

Dogecoin has no use case but since its Elon favorite, it drag it to the top. Anyway traders are probably get liquidated on that scene.

Elon is a great hyper and influencer but aside from Elon there is another force on the cryptocurrency market that has the same power as he is or maybe much powerful, not on hyping but on the manipulation of the market.  Possibly this group had come to manipulate the market and make it look like a dump which in turn if successful can accumulate much more DOGE in a cheaper way then continue to pump the Doge market again.  I don't know but I feel like the dump is intentionally done to shake the weak hands before pumping it to break the ATH again.

Nobody should take Elon's statements on Doge seriously. Why do people seem to attach too much significance on Elon's words? Why don't they just take a closer look at Doge and decide whether it is a coin worth investing or not?

It is amazing how a lot of people are just doing and deciding on things based on other people's jokes. Elon is clearly just joking around with Doge and his ignorant followers are already crazy FOMOing about it.

These are my exact thoughts about the current Musk situation. The big picture is being seen in completely wrong way. Elon himself said he will gift his mother DOGE on the mothers day and surely he won't lie about it on the national TV and world wide Live forecast. The strategy was to talk less about the DOGE, make people feel sad about it and dump the coins.

Gift their Mum when the DOGE is at it's lowest and then again announce that "Elon is Dogefather" and there you go, his mom is richest person.

Think about this strategy twice, you have the power, you have the billions!

Well, we've learned he is actually a child with Aspergers. It's autism spectrum so that makes him quite a real special kid. It's amazing how witty he could be in the show, if you are not expecting the dogecoin rise I think you would really be impressed with him.

I watched him on a talk show with Jack Ma and Elon is very open to criticism and if it was someone else who has the money and power like Elon, he probably would kick that ass of Jack Ma. I still think Elon is cool.

Now Elon Musk is laughing at us, many are bought during the peak and hoping that the $1 dream price can be achieved but what happens now why the price has gone down a negative 35 percent at the time of writing, what will be the next episode? I'm sure many money will burn this time, while others are already nervous about the outcome in the following days, which might be resulting in a massive dump. Just my opinion and I'm not an expert about it. but the truth is I'm already sold mine. peace!

TBH, the doge community was getting played by elon must very well.

This thing already predicted since the pump was happening. Elon was taking doge coin as a joke coin and no more. The doge community, newcomers and tiktokers were taking the joke by elon so hard.
Idk why so many people are seeing it as a serious declaration by elon. lol

People are opined to their opinion, but the reality is that Elon Musk is no different from John McAfee (they are both influencing crypto assets due to the audience they command) because all he is literally doing is shilling tokens and causing a rush in price and this has been done especially with doge coin and shiba pup (recently). Shilling of coins will only yield rewards on the short term; on the long run it will end in massive losses.

Shilling ofcourse is very rewarding especially in a bull market; protect your funds and capital and always do your own research

No its not a true statement, it must be Buy the Goodcoin - sell the Dogecoin.
I have warn many of my friends to avoid Doge and invest on another but most of them are too greedy since they profit from it before.
They add more doge to their bag and ended rekt.

I am pretty sure that doge would be way lower than it is right now if elon musk would have never mentioned it. So every Dogecoin holder that had them before the first Elon tweet or even the ones that bought after his first tweets a few months ago should still be deep in the profit territory. On the other hand it is sad to see that he basically made fun of it because with his statements in the show he harmed everyone badly that bought dogecoin in the last few days. I mean from 0,70 to 0,43 is a pretty heavy crash all because of his actions.. i hope he realises that he is playing with the wealth of a lot of people here.

I agree with you. Buy the rumors - sell the news! is the best trading strategy, especially with significant news. Doge is a good coin but it is not good enough to have such price. Soon, people will sell it to take profit. Anyone who bought near the top will suffer the most

In my opinion whatever is happening with Doge is a trap intended to capture more money. I have not heard anything that suggesting the price to spike so much. The only thing I have heard is Elon promoting it whenever and wherever he can, unfortunately this time it back fired.

Elon Musk is a businessman and he's made clear about his manipulation of DOGE.
It is everyone who has been chasing profits when buying DOGE regardless of the nature of the problem.
The game may be over, people who bought DOGE on the moon created by Elon Musk will either stay at the moon or cut losses.

When it comes to fomo as well as hype on any coin whatsoever, no matter who is causing that hype, there is need to be careful of that coin because anything can happen and in most cases market manipulation just as Doge. Many people were jumping into Doge without having any target, or will I say they were all clamouring for 1$ while most were busy taking profits, and in addition if you check the rants so far, its mostly new traders or newbies who saw what was happening, and without any form of advice jumped in and now they are lamenting.
Even if he continues now again, the price will skyrocket again and a lot of people will still forget the lessons learnt.
Well, since it's all about manipulation, the price might skyrocket again after correcting but no one knows when or if it will at all.

The price manipulation continues!

SpaceX announces the DOGE-1 mission to the Moon for the Geometric Energy Corporation:

Launching on a Falcon 9 rocket in first quarter 2022, GEC is sending a 40 kilogram cubesat – paid for entirely by cryptocurrency DOGE.
https://prnewswire.com/news-releases/

Give me a break, you could pay those with BTC, Litecoin or Ethereum, this guy is making fun of us and many sheep are following blindly.

My views on Elon not changed one bit. It is the same since he started to talk about crypto. He is still fucking around. Smoking weed and making fun of everything and anybody he can. No fucks given.

He found a crypto currency just like himself, that's dogecoin and it just fits his personality (a joke) so he is sharing dogefather memes etc.

This is how he is. ( a joker) He doesn't give a single fuck if people make or lose huge money by listening to his tweets.

Considering the fact that Elon is a huge personality all over the world just by looking at the digits of his net worth, we can easily be persuaded to believe on the certain crypto he is currently paying attention to. Many people fail to see the reality to the coin he is investing with just because it is being outshined by their fame and achievements so far. Elon Musk might be having a hard time right now but surely, there will be changes with Dogecoin in the near future, the only problem is if it is negatively or positively but either way, let us be wise and responsible on where we are investing at the moment.

Everyone is now wide awake to the obvious now but only after the fact. Before, people were doing what they are best at an that’s speculating. I was saying all what’s being said on here last week but I have to admit I invested a little a few days before SNL in order to cash in on the rise in the short term but Elon stuck it to everyone. To be fair i bought when it dipped from $0.45 to $0.29 so I did ok regardless.  Yes the thing that makes this coin a joke other than it’s a meme coin is that it started riding on Elon’s coat tail. But if you take him out of the equation and look at the coin there has been opportunities to make money on it. Everyone talks about the dip but it’s still at an all time high if you factor out the last few days. 55 cent from 6 cent in April. So yeah it’s a shill coin but people can make on it and considering the dip was apparently due to 1 of 7 whales dumping only half of there coins indicates that there may be some more life in this dodgy coin yet. If the other whales want to get out with there target achieved that is

First of all, when I see big influencers and investors like Elon hyping coins like he did, I don’t trust them that much because I know very well that they are doing it to cash out big time. I might invest in that coin, but I wouldn’t hold for long, I will be looking for opportunities to sell it whenever I can and take my profit because there will come a time they will dump the bag on the market and it will crash. So that’s the same thing I expected from Elon, anyone that’s investing in any kind of asset, be it stocks or cryptocurrency, is doing so to make profit and nothing more.

Could be the mockery was done on purpose or not. The statement where her mum said she was doesn't want doge as gift shouldn't be taken emotional by the attendees. She knows what she wants and she clearly state her mind.
Correction on doge isn't really bad considering amount of pumps and attention they have gotten since last year though it's bad for the top reach address to selling out their share. That's more like a 51% attack

In the first place, DOGE is not a serious coin, so no matter who will shill this, it should not be taken seriously.

I understand some people ride on this for a short-term trade, but I pity those who try to hold this for the long term hoping for a $1 to $10 price.
There are a lot of videos on youtube that are also hyping the coin, and they did not help people to succeed but help newbies to go with the FOMO because of that high goal.

He bought low, tweeted, made insane profits, and now that he's out, he got nothing to lose.
Or he's trying to get it low again to repeat the cycle

That was an expected result when he said those hype about the DOGE coins in its early promotion, investors have already known the fact that whoever got to enter the first wave of buying it after his positive announcement, will be the one who can extract as much as he could. But those who think that they can also gather as much money as the early investors took the chance to invest in the late days. so they are the ones suffering from the scenario of the price that decreasing every day in the crypto market which will gonna create anxiety because of the DOGE current situation in the crypto market.

The determined day was only needed to pump the price so it was obvious that there would not be a big news. I guess most of the investors have invested realizing this truth and yesterday was a good time to sell. I applaud those who make money by being smart. So from now on doge will return to the price it deserves, which is the main factor that made me happy. Hopefully, Musk will devote more time to his own business from now on.

The quote always go with "buy the rumor and sell the news". When there's an announcement like the SNL, Elon and Doge. You buy before the event.
And when the event is about to happen, you expect that there will be a massive dumping on that particular day or even before a few hours that event happens.

Well, it is a part of the game, Elon Musk perhaps selling a huge part of his share in my own opinion. But I don't lose that this is the end, perhaps there is a hype again and as I can see on the graph, the price now has been slow recovery its price up and I think those invested when there is a correction of about 30% since yesterday. It could be a good profit while holding and for sure there will be resistance after a massive dip. However, Elon Musk will be looking some ways that this coin will not abandon by its supporters.

Many traders know this, it always pays to be an early bird on rumors, because you are going to be the first to sell the news when the rumors are confirmed, there's always a tricky part when buying rumors and selling the news especially in the case of Dogecoin, where you know that it's not going to be long term and the hype will eventually die down, you should know when it's time to get out.

Correct, it is still not too late to get out, I'm sure this year we will see Dogecoin dropping a lot, back to its normal prices because people will realize in the end it's too much hassle and there are easier ways to make cash in the crypto world, without so much drama involved and without feeding the boosted ego of a billionaire guy.

He is just memeing around, enjoy the ride

elon musk and dogecoin have been on the agenda a lot and some people are being asked to stop this manipulation. elon musk is thought to be manipulating this market, which is now undesirable. Another rumor is that people will support another coin when the psychological resistance point on dogecoin reaches $ 1 and dogecoin reaches or approaches $ 1. There are many manipulations that people also talk about, like elon musk did.

Only Elon enjoyed the ride and all the investors who longed doge got REKT.

https://i.imgur.com/wYN2Ew0.jpg

Elon is a very polarizing figure. Some people really love him and some really hate him. I'm indifferent towards him. I really don't understand the cult-like adoration some people have towards him, especially from dogecoin supporters. It's weird to be so obsessed with a particular celebrity. His ego is getting really inflated by all this attention, that's why he keeps talking about dogecoin. Dogecoiners can have their weird Elon cult, I think we should not be worshipping celebrities and giving them such a big influence if we want bitcoin to remain decentralized

Some of coins promoted by Elon Musk on Twitter have increased drastically, including Doge and Shiba Inu. I don't know why Elon's tweet dramatically affects the price of these coins. A coin like Doge, which is not a utility coin, can go up like now. Even some Bsc tokens use his name, Elon, hoping that their token price will also increase.

I've created a thread showing my thoughts about Dogecoin and Elon Musk here: "I Wouldn't Invest $1 In Dogecoin And Here Are 10 Reasons Why"
https://bitcointalk.org/index.php?topic=5336465.0

he wants to increase his money and this must be his agenda and why? i suspect elon already bought lots of doge coins and in another case elon was also a part of big shiba inu holders. This guy was using the crap coin to run his pump and dump scheme. elon already learned a lot about the crypto market and he was using his power to give a very big impact on the meme coin. I do believe after doge and shiba, there will be another meme coin will be tweeting by him.
Elon was so happy playing at the same time fooling the newcomers to get involved on his manipulation.

Anyone who knows how the cryptocurrency market works will never succumb to the general excitement due to the fact that such celebrities as Elon Musk express their opinion about a particular cryptocurrency. Is it possible to use this situation at first to make a profit. We know that such pumping of certain types of cryptocurrencies by celebrities has always ended in a price drop. This will happen to Doge as well, even though its price is now up about 10 percent daily and 28 percent weekly.
At the same time, Elon Musk raised interest in cryptocurrency quite well, and therefore I have a positive attitude towards him. The rest of the participants in this market need to have their own head on their shoulders and their opinion about the cryptocurrency.

It could either go either ways anyway in the first place. It would be either Musk manipulated the market by himself or some people are just too stupid to be driven and controlled by celebrities in decision for their investment.
It is not like Musk intended or wanted people to invest in Doge Coin. He liked memed it up.

I didn’t know he touted Shiba too. I invest a little in that. 100% speculative gamble of course but just having him connect to a coin is off putting. 

He probably did and just made another billions or hundreds of millions with the said dip. And right now, it's again the market that starts to dump again.
Ethereum, Doge and other altcoins are dumping including bitcoin too.

Even if we assume that he is manipulating the market to his favor we must also understand that following blindly someone else is always going to cause you problems over the long term especially when it comes to money.

Many times in the forum we have recommended that people do not follow the signals given by trading groups blindly and yet people do it, so it makes sense that when people see Elon posting something they try to look into it some kind of single and they act upon it, but this is a waste of time, if you really want to trade then you need to find a way to do it by yourself otherwise you should not even bother.

I agree with you. elon plays so beautifully that he can surprise many people by giving support to Dogecoin capable of pumping to high, so to say almost touched $ 1 / coin. so that many ordinary investors or beginners are tempted to buy and invest in Dogecoin in the hope of getting extraordinary profits. But now that hope is starting to fade because Dogecoin has dumped significantly in the past few days, many novice investors have complained about it because of the losses it has experienced. but I still admit that Elon is a smart and great person.

I always follow Elon musk announcement but recently followed his announcement I already lost 3000$ by investing dogecoin. When dogecoin pumped to the highest maximum peaks $0.74 then I invested on dogecoin and hopefully stored to get profits till $1 per price but today dogecoin $0.50 .

Some people act like Elon Musk doesn't have a job other than shilling coins, especially DOGE. People need to remember that Elon Musk is a high profile entrepreneur and well deserved wealthy man, he's not an ordinary coin shilling profile on social media.
For what he did to humanity I adore his work, whether it's space program or electricity cars. He tries to make the world a better place, he's a visionary guy. I don't think he cares a regular joe that bought DOGE at the top. He already warned people. Don't put money you can't afford to lose in crypto currencies, ever.

He knows what he's doing for sure. But the problem is the people that are not ready on this market and following his tweets. People give meaning to whatever he is feeding on his social media, even for him, is just spur of the moment. Now, he can see his influence and what his simple tweet can do to the market. He will not reach his status if he doesn't know how to play the market. But people should be very careful in jumping the hype.

That gives you a very good knowledge never try to join in the coin that already got FOMO. The chance for you to lose your money is very big because you are entering at the highest price.
So many newbies got trapped by this pump. Know the market before trying to buy the coin. It's quite difficult for doge coin to recover again, This time doge is suffering a very big dump again due to the bitcoin bearish trend.
You should be patient with that and the recovery may happen next week.

I agree with you but the main difficulty is to guess if the price has already reached its top or if it has room to rise more than its current price. Nhaila was certainly convinced that DOGE didn't reach its peak but he was wrong unfortunately. I'm not sure DOGE will rise again to its ATH in the coming weeks, but I'm pretty convinced he will do it in the coming months.

It's down 19% now and if this continues we will see Dogecoin at its old price I don't think they can sustain this until the end of the year, Elon Musk will shift gear and choose a much better choice in the market, but he has proven that he has the power to turn gold something people are discarding, I should have hodl some of my coins if I knew that these things will happen.

You follow his tweet you must know the risk of that, because you based your investment decision thru his tweets and not through TA or FA. Anyway, Don't worry because the hype is still with DOGE and there's still a chance to make its ATH, but again there's no guarantee on that. Elon is hyping not just DOGE, I see his tweet about SHIBA as well and because of that, many earn a lot of money at expense of small time investor. I wish everyone a success on their trading journey and I'd hope that they'll not get trap on top, take profit as much as possible.

What do you expect, elon has the history of going against doge as well it's not all rainbow, people should realize that elon also has his own agenda and masterplan in his mind. now that it seems doge getting dumped hard people instead going against him, I personally don't like elon manipulating market either but people are just too easily getting fomo'd. i'm expecting doge to go down as much as 50% of its ATH considering there's no solid foundation to the market but hype, with shiba atleast it has its own swap and nft market but with doge it's just for remmitance as the best use case other than that is gambling.

He is now saying he wants to launch a satellite named doge 1 and pay in doge for the mission. Also, he is asking the community that tesla should accept doge or not. I am now sure what his agenda is but I do not like how he is doing it. It looks like he wants to make doge a globally accepted currency even in space. Is that even possible that a meme coin becomes a global currency or its tricks to make billions of dollars through a shit coin!

Elon have unnneccesarily accelerate bitcoin price too fast!  Bitcoin is on it's way to the auth regardless of any hype. Unfortunately,  too much exposure is putting traders and investors at risk,  especially in the area of capital gain tax and other unfavorable regulations! We should have hit $100k by now if not for Elon!  It really difficult to know when this circle will end!

Huge investors and whales in crypto doesn't like what Elon Musk in doing in crypto space especially into some coin. Musk is using his power, connections and influence to gather people to support his doings and make his hype more effective. Do you think thru his power and ability, he can really control the cryprto market someday? Because that is the reason why huge investors and whales are threatened by him.

correct elon's is a king of manipulation he's a very brilliant man wherein he literally use his name in social media just to convince other big investors to follow the path. And that's very effective because he's a billionaire and can give a big contribution so no one will reject that opportunity..  and as you see now he's gone because he already used doge and investors to obtain massive profits. So at this point it's impossible again that doge will increase rapidly like what happened before in my own opinion.

As expected he made dogecoin look like a joke on a live TV, now dogecoin is paying the price cause it's dumping hard right now, Elon Musk was just manipulating the market nothing more, he probably didn't take the dogecoin shilling too serious like his devoted followers did, so sorry for those who got affected buying a meme coin with no use case, maybe this will teach them a lesson. A

I think elon musk is manipulating the market. I can say that I am starting to feel a little uncomfortable with this manipulation like everyone else. it does not do well by guiding people about coins. People don't always make money when they invest in elon musk. He lost a lot of money. It will be more positive for him to leave the market alone. Do not confuse people waiting by constantly tweeting coins.

Indeed, people have already known about Elon Musk, he is a market influencer and what he does to the crypto market is something like manipulation. But it doesn't mean that He owes everything in here, not he's not. From what I saw this time, Elon Makes a good business in crypto and his participation gives some room for the market to get known and increases crypto users. We don't need to afraid of what he does because honestly, he is helping us and encourages other business firms to adopt Bitcoin.

And this really disrupts the market. Analysis became invalid when there was a tweet attack. I did not dare in because the price changes were very wild and very difficult to predict. I prefer other coins or tokens that are clearer in the direction of development with real functions.

People do get easily blinded but there are ones who are aware enough or smart enough on not letting themselves dragged with the hype or shilling on a particular coin.
It just turns out that Elon is a popular and a rich person who can really make things on what he do have in mind.He might be giving out positive vibes with Doge
and mainly supporting it but you dont know on whats happening behind the curtains this is why if you do just tend to dive in for the sake of profits
then you should be mindful on when to get in and when to get out in the market and dont easily fool yourself that it can go further more.

Elon Musk impresses people about the market, yes, but here the responsibility belongs to the people. They totally trust elon musk and don't have to invest every time they tweet. However, due to the increases experienced after tweeting a few times, people now want to follow this strategy completely and unfortunately invest without thinking. this is not true. We shouldn't let anyone else guide us. because when we lose money, someone else will not give us money. It is better to consider these and invest. After getting ideas, we have to create an investment strategy ourselves.

Elon is good for creating market hype
currently, the value of 20 thousand Dogecoin that I got from the Coinpot faucet has gone up high

I waited patiently for Doge go to price $ 1
many do not really like Doge, because it is still basic from this token which was created just for jokes

Nevertheless, we don't just let Elon manipulates us all. He uses his name to fool innocent people and become his prey.
He actually promoting Doge but in the end, he is the one who benefits a lot while those investors suffer losses.

I know Elon Musk is a smart person, he can easily make us stupid if we keep following him.

At first I thought Elon was playing a dangerous game by pumping Doge that could destroy confidence in crypto by making it into a joke.

Then I thought any publicity for crypto is good publicity.

Now I think we are going to have to go through lots of these sorts of ups and downs if crypto is going to be robust enough to survive.

Ultimately I think Elon is a genius in a unique position who therefore sees the big picture more than anyone else, so we should trust his opinions.

For me he's kinda clever if not wicked, he knows how to stir mass and move it as he wants thanks for his popularity. I think from the start it's already fabricated, and now he's playing doge as if it's in his hand. One time he does the hype, another time he does the mockery just for some pump and dump. It happened over and over again and I don't understand why people still join the crowd. I assume many beginners without proper research done that. Now, all I'm doing is hope for the best for those people.

DOGE is going to leave a lot of new investors as bag holders.
I am looking at different projects like ADA, VET, AGLO, DIVI.

Unlikely, people most of the time never learn a lesson from their mistakes as they are not even aware they made a mistake, it is likely they are going to think that Elon just found something wrong with the coin and he was kind enough to let them know and saved them from losing even more money.

I know it sounds very delusional but that is the way it is, and as long as people keep thinking like that then we are bound to see this happening over and over again, because even if those people lose all their money they are always replaced by other newbies that do not know any better.

Very true. Even if they see that there's something wrong already, they're still good with Elon and even it's obvious that he dumped a lot after all of those hot news and announcements, they're still going to lean, believe and trust him. It's all about him no matter what happens, these investors are blindly going to follow him.

Elon has the power to manipulate the market but mind you many will benefit from this manipulation as well, meaning that everyone can't be a winner there will always be losers and winners, if you are smart take profits and re plan your strategy