Bitcoin Forum

The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog.

He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour.

After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%.

Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton (https://utopia-ecosystem.org/) , for mining which only needs Internet access and a PC.

Is all the excitement around the project really a hype? Like chiahype and etc.?

I think this is not an attempt "to influence the crypto market", but some tricky person just created this token to sell it during hype. Elon Musk zero relationship to this Floki token.

This is a great example of how greedy people can be and how easily they can be tricked and controlled. This is so simple. Take what ever Elon says, create a token with same name and voila, you are locked and loaded for scam sale.

Elon Musk is making a good joke and then somebody (or maybe a group of people) follow through with the joke by launching a project named Floki just as what Elon would name his puppy. And Floki is making a good run. I am just wondering...whoa re the people making money out of this. I am sure that the next time Elon will be making a tweet, someone can come up with a project based on what he is tweeting. I think this is just another testament that the cryptocurrency industry is made up of 90% jokers.

+1. Thats what we see right now. If it was Elon job he would create this token while ago and create some price action around it before tweet.
But its not that easy - create token, put it on uniswap and become milionere. You also need to have few MM$ in ETH to be able to create liquidity on uniswap big enought to not arouse suspicion. So its rich guys game.
I wonder if Elon will end like McAfee one day...

I doubt that. Elon is not on drugs. At least he is not promoting shady project for money, because he has enough :)
Elon Musk is simply different. He does things for society, and I dont remember McAfee doing the same.

Anyway, if this Floki token was really created by Elon, he would have used some kind of promotion of it, or have created a webpage for it as a minimum. But we see only a token, that perhaps, was created in a rush and there is nothing behind that.

Yea he has enough money but McAfee wasn't poor too. Maybe Elon is not doing it for money but for sure he is playing with people and their lives ... If I was about to make a bet i would say that he is doing that to boost his ego.
To tickle his self-esteem at the expense of people who spend weeks researching the market, doing TA, and investing taking know risk, while 1 tweet made as a joke destroys their returns. He knows that ... he don't give a fuck. In the moment when real interest rates are in ATL since 1980 and people are desperate to find good investment - he is doing it even harder for them. People who stay out of him are affected by his tweets, poeple who fallow him are baited into shitcoins "He does things for society" Yea sure XD

Not promoting shady projects? What about cumrocket? CumRocket Cryptocurrency Erupts 350% After Elon Musk Tweet (https://hypebeast.com/2021/6/cumrocket-cryptocurrency-elon-musk-tweet-price-surge)

you are wrong to respond to this, Elon Musk has never made cryptocurrency because now anyone can easily make coins/tokens then floki are tokens created by other people.

not recommend buying this token.

Yes, but if Elon does get a pet dog named FLOKI, you know that everyone will dump doge and shiba to buy $FLOKI. not an endorsement for the token or dog coins in general, just saying

Im not sure but probably this shitcoin will be hyped for a while. You know everything that Elon tweeted someome will create a toke based on that. If Elon tweeted a cat name or do name, everyone will create a token for that and start injectimg liquidity and hype on socual media and that I think what happened here. Those nasty dev are taking advantage of those tweet from Elon Musk.

Not really, you know elon is popular and his word weight something. what he mean by owning shiba inu is the real shiba inu breed not the coin shiba inu.
And he doesn't accidentally create a new cryptocurrency, it's someone else that creates that coin so that shouldn't be counted as elon creating a cryptocurrency
because this could mislead yet another people into thinking elon really make his own coin. The point being, there's always some people who gonna create a coin based on random words coming from elon.

This is just another shitcoin and those people behind it will squeeze as much as they can to get as much money as possible. Sadly, there will always be people who can easily be swayed by deceptive strategies. I would not ever use any cent of my wallet to invest on something that is just a hype and nothing more. In fact, I would say that Floki represents what is really wrong in the cryptocurrency industry.

FLOKI token?

Did anyone watch Vikings the tv series of History Channel? Floki is the name of one of my favorite characters from there,,, but from a hero he turned into a sort of enemy of the main actors and then finally decided to go off on his own and find his own new place in the land of volcanoes and hot springs:)

Not that this is relevant at all,,, but be wary of the random unthinkables that happen in crypto!

While Elon Musk may be the worlds 3rd richest person ( depending on what day it is/how the markets are moving), he is overall a fraud of what many of us thought he was actually all about.  I found this video on YouTube around the time he came out and started hating on bitcoin.  I must note, this video was made before that ever happened.  If you're like me, and thought Elon was a super genius, creator of Tesla and other great inventions...you'll be quite surprised to learn he's completely full of shit 99% of the time, not to mention a massive troll. Fuck that guy.  https://www.youtube.com/watch?v=c-FGwDDc-s8

Elon tweets, you can follow his twitter, read his tweets or ignore his twitter and his tweets.

If you see his tweets are non sense, no price movement but because many people think his tweets have power to move price on the market, price moves up because of people belief.

Even Elon makes a funny tweet, it will still have upward effect for price. Followers are stupid, but Elon is wise.

I'm not a big fan and never was, don't get me wrong, I think anyone who can make money the way he has is either smart, or driven, or a bit of both or extremely lucky. Very few people admit that they're lucky though because of course, we do want to take credit. Wise, I'm not sure. I know he's the one with money and not me, but I don't think he did very wise moves throughout his life that I'm sure I never would have. Smart for sure but lacking wisdom.

No matter what do you recommend or not - there will be thousands of fools that will invest in it. And the story will be the same as with chia now. Only developers will earn money and all the others will lose. That's why for now I believe in coins like CRP as it's free mining and you can gain without any investments.

As you said, we don't know what they are really up to with this kind of strategy since they are prone to make things up when the crypto market has not flowed to how they want it. So, it's better to be safe than sorry because at the end of the day when the price of that new coin will reach its ATH, they will change their mind to manipulate its market then the one who will gonna lose their money are those people who invested late. However, if you are a risk-taker you can go with the flow and escape whenever you think a storm will come.

This is all amazing for me. On what basis do people buy these newly created tokens. For example, this Floki, just because someone got a dog. What is the use of this token?

They're all hype whenever Elon makes a tweet and a coin suddenly appears. It's all about his influence and these people are taking advantage of riding whatever the idea comes out from his tweet. Just like what they've done to name a new coin that he has named under his dog.
That's not new anymore and that's why those pumps and dumpers are always active to check out everything new and they know that they can make money from it. But it's dangerous for newbies to cope up with such.

We don't need proof to prove that Elon Musk is manipulating the market, it seems that he found that his profits by manipulating Crypto are much greater than Tesla's!!! Elon Musk may not have anything to do with this Floki token, but unfortunately he encourages scammers (through his tweets) to deceive people by taking advantage of some of the names in the tweets and making worthless chit coins like what happened recently when he tweeted about BabyDoge and now Floki token.
In fact, I am completely convinced that Elon Musk does not care about the environment or clean energy. He only cares about money, so he makes deceptive statements about Bitcoin and the environment to secretly buy larger quantities and sell it later. It is really naive to think that a businessman like Elon Musk cares so much about the environment!!!

I also believe that Elon Musk has nothing to do with the creation of the Floki token, i believe instead it was created by someone who tries to exploit the wave of popularity and in particular that joking tweet of Musk, what i cannot understand is why Elon Musk is sponsoring / advertising these two altcoins (doge and shiba) to the far-fetched

3500 % is too much gain. Honestly, those hype that urge instantly are fishy and kinda scared to ride that hype. If that was intentional and manipulated to make it a hype and famous coin in 24 hours, I dont think it is worth to buy it now.

Shows how much real value the coin has. If someone's tweet can make it go up by 70% then someone's tweet can also make it go down by at least the same amount.

Who are the morons who buy these? I get that someone thought to make another meme coin based on Musk's tweets but who the hell is dumb enough to put so much real money into this manipulated shit that is sure to dump when its creators cash out or when Musk says he doesn't like it anymore?

Taking advantage of the hype is one of the popular strategies today. Moreover, many investors and newcomers are easily moved by influencer tweets. and EM can actually read the situation for personal gain. yes, of course he has a certain scenario about his tweets, in fact many also follow him as investment advice.
well, you have the right to choose to follow it or just watch it from afar, what is clear is this is a pump and dump scenario, don't be late or you will lose.

You should be cool when post of thread.Shiba had huge supporters after his tweets.Even I had nearly 1 billion of coin.But it became a useful to me one,the value reach to 10 cents atleast.Because every people need of money to sustain in the market and to live a decent good life.Trading will help us one day.

I'm curious about this mate, it made me wonder how come a popular person like Elon Musk would said that words aggressively without certain fact checks. Was that really him twitting legitly? Or someone was only using his name just to fool out people just to become viral or promoting their shitcoins. There's no official announcement coming exactly from doge itself, and I only knew some information that only came from telegram or Twitter pages. We can't really trust these days, because social media is full of anonymous group and please do a fact checking first before we use to believe everything if Elon Musk vocally stated all those words about new cryptocurrency.

McAfee developed antivirus software, doesn't sound too bad to me. We don't need to talk about the rest though...

We will first need to see how Tesla plays out in the long run. By now essentially everyone knows how Elon Musk treats the people who are working for him. The reports about working conditions are devastating. He does say that he is going to develop an environmental friendly electric car, but for that car you need certain ingredients. The question remains whether people in Africa and elsewhere will have to suffer for that in order to make the life in the Western world even better. It is a two edged sword so far.

Musk didn't "accidentally" create a new cryptocurrency. He knows what he is doing and probably sits in front of his screen enjoying how he became so powerful that he can move multi billion dollar markets with a single tweet.

Uhmm no or it could be just people are thinking that Elon invested in that coin already since he just mentioned the name. There are many overreactive person these days you know. Don't be surprised about celebrity making his/er followers just go and throw all their money thinking that it will go up just because Musk mentioned it.

You are totally right and took the words right out of my mouth  ;D Since people are so now attached to whatever Elon musk tweets and this happened, then the result is what you see executed by the quick smart ones and it is really disappointing that people actually go for it even though I understand that we are all trying to make some profits but isn't this obvious that this is just another shitcoin?

I don't think Musk won't make the same mistakes that John McAfee made. Musk does not engage in direct advertising and does not call for buying coins, unlike the late McAfee. But a community has formed around him, which is engaged in monetizing every word mentioned in his tweet.

we can only speculate with all the meme coins that Elon has tweeted...

Elon never divulged what exactly his purpose in tweeting dogecoin or Shiba was to the crowd so we can only speculate on that. but never buy a new meme coin in his tweet because it must be made by a fraudster who is always smart to find loopholes to steal people's money or he himself made the coin and then tweeted it to deceive people, who knows!

Was it just a coincidence that in just 9 minutes developers created a token and listed it. and provided the liquidity so that people could buy and sell?... WOW


Even if he makes his own shitcoin, then very few people will fall into his trap, because I think the majority of the people knows that Elon is a manipulator and eventually they will lose their money. So I think Elon Musk's game is almost over.

Floki from the character in Netflix Early wars "Vikings" ? the creator of the ships used by the Vikings in their quest in conquering the world  ;D

Elon Musk always make us laugh in His statements and what made me laugh more? is the idea that people still do believe on those BS statements .

Move on< grow old guys .

Elon Musk currently has a bad reputation in the crypto world, with everything he did by manipulating the prices of Bitcoin and Dogecoin. So I'm sure
Elon Musk will just make shitcoins, with the sole purpose of making money. I don't believe Elon Musk will make such a quality project. What did for
Tesla do differently, because the crypto world for Elon Musk is only a place to make profit. So I'm not interested in investing in a project that Elon Musk
will create.

This all Hyped project, i don't follow his tweet anymore many might trapped in on the process. have you really take a look at DOGECOIN to see the reaction now. many novice got trapped buying dogecoin @ $0.7 thinking it will get $1 but that didn't work after his tweet. he does that for his self interest to pull out his resources from the project. even if you will get involve in his tweet be sensitive enough to know when about dumping.

there are many people that want to make easy profit and even if they know that elon is a manipulator they will still bite into it but there would be some that call it quits because they are not lucky to be on time .
this is not a co incidence because elon tweeted it first but im not sure if the coin is owned by elon or it created by someone and he only gets a commision for promoting it .

If you like Elon Musk because he is able to create hype in the crypto space, then you can always follow his tweets through his social media accounts, because usually those who are late to follow Elon Musk's tweets will not find maximum profits because shitcoin hype will not always last in the long term.

               It seems I have developed a special kind of phobia that when I see a post about Elon Musk I get frightened with the thought of the crash about to accompany such news about Elon Musk. I wonder what I should call this kind of phobia? lol. But seriously though, most of the time I read anything about Elon Musk, it leaves a bitter taste in my throat since every time it mostly revolves about crap tweets and such. He may be doing these things to manipulate the market or just to troll. Either way, no one can really tell for sure. As for this special case, I think this is just an independent act by some clever guy to take advantage of Elon Musk's influence right now which I think is quite a good idea. Good for the guy who  made money with this and a crispy mehh for the people dumb enough to take Elon Musk's words seriously enough to make them invest in such a coin that is bound to be abandoned sooner or later. Oh well..

Elon just tweeted so some people like what others said just taking advantage since Elon is so popular with crypto developers are creating coins and putting hype on it, by saying Elon tweeted this, and the people fall for it, Elon has nothing to do with pump, he just say what he likes, because remember Elon is not connected with those sprouting new coins in the market, so to avoid losing tons of money make research and don't just look on person tweet.

Everyone knew when Elon Musk tweeted that the coin would create hype,
and you could say it has been proven as happened with dogecoin and doge baby,
what you say is true indeed the coin meme hype won't last long

People started to create projects without any purpose for very long time so this is another token influenced by Elon Musk helped to achieve such huge growth rate in just 8 or 9 minutes or so but what is the goal of such project? They create and hype then sell their tokens for profits and leave the holders, isn't it?

I don't think Elon musk actually created this Floki token, there are several scammers out there who are always looking for opportunities like this to scam people off their hard earned money and I suspect this is one of those attempts, Elon musk gave this puppets an opportunity which they seized to make themselves richer, if Elon really was a sensible person, he shouldnt have made he's interest in creating a coin public before actually doing it, because due to how influential he is, scammers will sure go before him to create a clone of his project for the purpose of sucking peoples wealth, I just pray peeps don't later come back crying about how they lost their life savings in this floki sh..t.

I don't think that is an attempt to influence the crypto market. I think it was just somebody that saw the tweet of Elon Musk and once he saw the name of his dog then he immediately created that Floki token. That whole meme-coin thing gets really out of hand now. I thought the hype would die out but so far it sticks around.
I really like cryptos but stuff like this almost makes me want to beg for a huge bear market now with a 90% drop or more, even though it means i am personally in a huge loss. People are really just aping in in no matter what sh't token with absolutely no use-case. I am pretty sure all those meme-coins are also a big factor for the current negative market sentiment, because no one can take a market like that seriously.

I don't exactly blame Elon Musk for this. The thing is that there are some very smart people who know how the sentiment of new traders work and they know exactly how to manipulate these sentiments. This is why the Shiba Inu coin was invented in the very first place. Also, not only the price of Shiba Inu rocketed up but at the same time, the market capitalization of this coin went so high that it came into the top 50 cryptocurrencies, which is really something huge. But all this is just a hoax, a modern-day scam in which the culprit are the people themselves. I don't blame the token creators for this at all and neither do I blame Elon for this, people themselves are responsible for this.

I am sure Elon Musk knew what would be going to happen, but who cares about that Floki token. A few tried to get in as fast as possible and take profit as fast as possible. The thing is that it has become such a mania that indeed substantial money is flowing into these meme coins as soon as Elon Musk is involved. Not because he pumps it himself, but because a herd movement emerges every single time now, everyone looking for the quick and easy buck at the cost of someone else who is late to the party.

YET :) McAfee was not shilling to buy coins at the beginning too. When you compare both of them ... question is ... is it better when someone use his power to earn on pumps (MCAfee) or you do it just to laugh from people that are not smart enough to avoid FOMO into projects like cumrocket.

And how would you call tweeting about DOGE all the time. Promising to "take doge to the moon", Lying that he is talking with DOGE devs about improvements (DEVS denied)

If we will not wake up, we will lose a lot of money and we will make Elon Musk richer.

It's not illegal for him to make a coin of his own, but it's a sin for us if we follow blindly just because he got the hype.
That's very close to " blindly investing" in which we know the result or the outcome.

now, to the question of whether he is attempting to influence the market, dude, he's been doing that before he decided to crypt his own.

I think the same way, and this is nothing new I remember seeing a Trump coin and it is obvious Trump had nothing to do with that coin as he has expressed many times in the past that he does not like bitcoin and this market in general.

So this is the perfect example of a person taking advantage of the huge attention that Elon Musk is being given and it also shows the ignorance and the greed of some portion of those that are part of this market, they are not interested in the characteristics and the potential of this market, they are not even interested in making money but in a slower fashion, they want to become rich in weeks and this kind of attitude leads them to take risks so high that it is almost a guarantee they will lose all their capital in less than a year.

alot traders or investors will trapped if they lately buy memecoin, just look at traders on dogecoin and also shiba inu. my calculation they loss alot when buying at peak and unfortunately elon stop shilling it. Investing in cryptocurrency must have strong reason why we put our money here, did our portofolio have utility or usecase or not , don't only due FOMO.

No one knows whether the coin was created by Elon or by someone else. A lot of individuals had seen potential gain in Elon musk tweet which is the reason why the market always react to most of his tweets. He might just be good as ignorant about the coin while someone else is using the advantage to gain quick profits.
He is not that conscious about his posts and words used when tweeting is the reason why some people could easily interpret his context in a different way.

Cool, this idea seems to me attractive and promising. At least now this project looks reliable and eco-friendly. Especially if you do not need to invest in it or buy an additional staff for mining. Cool, this idea seems to me attractive and promising. At least now this project looks reliable and eco-friendly. Especially if you do not need to invest in it or buy an additional staff for mining.

It's strange that people who really believe in a tweet that Elon made, they don't realize that they are just a tool and fooled by Elon for his personal gain, believe that without weirdos who trust and have high expectations of Elon, there would be no turmoil in the crypto market, unfortunately it is difficult to awaken people who are too fanatical about an Elon.

That's crazy, for sure.. But have you heard of a new promo action for miners https://bitcointalk.org/index.php?topic=5349259.new#new ? I agree that CRP is not very promising for now, but after such actions, the business should change for the better. Anyway, what do you think about such activities?

I don't think Elon Musk created the "Floki" token lol. It is probably someone saw the tweet and took the opportunity to make some quick profit. Created the token and then others followed like a sheep knowing that its a shit token and will likely make a fortune or lose everything. Those who entered early and left quick made profit. Rest suffered from loss. They took their chances, they lost. You can't blame Musk for it. People should blame themselves for doing stupid things.

I think so, it's just some crypto-currency, scavenger living on Twitter all for Elon musk tweet for a premeditated attempt to capitalize on it. but if the success are true then it one everybody would be excited to do next time.
But another bashing tweet from Elon musk will not only expose the project for being a premeditated alt-coin on elon's tweet but it will significantly drop as fast.

I agree with you. Get away as long as you make a profit. Don't miss and don't believe in the vision.
The celebrity effect will become weaker and weaker.
The market returns to sanity.

Talkin about chia fans' hopes I think that These are all empty hopes. This coin will never be successful again. The wave of hype subsided and all the shortcomings came to the surface, which even more clearly emphasized the need for truly eco-friendly projects.

And you didn't tell anything about the promo I mentioned. I think it's something people were waiting for. As it's a free and good opportunity to get good money in addition to mined coins. And just imagine how much you could mine during 3 months, when you can run up to 50 mining bots from 1 PC!

I don't know why everyone wants to follow what Elon Musk is doing, I see as if Elon Musk is the determinant in the success of the cryptocurrency he owns.
Let's take it from the bright side, if Elon Musk pumps a cryptocurrency then it doesn't matter if we follow it and if Elon Musk's actions can lower the price of one of the cryptocurrencies then don't follow it.

seems like Elon ever made negative tweets about crypto and bitcoin on his social media.
What I don't believe is that many still follow him. as if he was the one signaling his followers what to do.
I believe this is a manipulation done because now there is quite a lot of followers from the crypto market.

The creators are not be blame but the investors. I mean, what's there to invest in when you clearly know that tokens were created from a sensation tweets. It still ridicule me how this guys never stop and yet investor keep pumping liquidity into these projects.
Human and greed can never be separated, there will always be the looser no matter the amount of warnings and awareness.

Accidentally? What's all this nonsense? This is why I said Elon Musk will end up just like john McAfee, he will lose all his fans and followers for good because I'm not so sure he knew much or the difference between a good project and a shit coin, the man is here to make money only so open your eye very well and be extremely careful

Do you really believe that this is Elon's trick? This is ridiculous.
Elon Musk is a big fan of meme coins, apparently, and in general, it is not surprising that he became interested in SHIBU. I am sure that he did not even understand what kind of coin it was and where the roots grow from.

I don't think so, for him to shill and invest big money on this meme coin, he already understands it as his main purpose is just to make money using his power to manipulate the market. He is not a billionaire for nothing, he is smarter than we think, so we should be smart as well so we will not become victims of this manipulation.

It's really not going to stop Elon Musk in looking for loopholes to weaken the market, but projects like this are not environmentally friendly, because all of them have no positive value, I still wonder why he is so insistent on doing this.

Maybe he's just trying to influence the crypto market, to weaken some very high coin prices, if we analyze more deeply it's not only this time he wrote on Twitter, but he's done it before with Dogecoin.

If he continues to do this, I predict that in the future the market will experience significant chaos, we can also judge that his real goal is only to enrich himself and this will be proven after Doge soared at this time, although finally Doge returned to the standard price.

To be honest, I don't even know how to deal with this kinds of hypes and baits if we can call it that. Sure, the man might be aware that he is tweeting to somehow try to influence something, maybe he bought a million shiba inus and then gave a hint of him buying a shiba inu, then making his investment up and profit from it. It is just a hunch but you will never know. There must be a reason for everything he says and it must be a calculated risk on his part.

Yes, you're right. The promo conditions are really impressive. I can also note the number of users taking part in this bounty. I think this indicates the growing popularity of the project.

Maybe this is a strategy from an Elon to start his manipulation again using other coins, but what I wonder why he chooses such a coin over the better coins in the crypto market, or maybe he just likes to create a sensation in the crypto market

Yes, it's possible. I've already ran 10 mining bots, for the beginning. But there is one rule - you have to use LCX or Docker for mining. On the whole, all the instructions are very detailed. I've posted it above.

From what I have observed so far from Elon his tweet and effect in crypto, I really do think that he is playing with the crypto market just like the politicians. If not that he is very rich I could have concluded that he is being paid to promote and make son certain tweets about some coins just like that of Shiba, doge after his tweet for both coin, the price pump within hours was really high.

It's unbelievable how many people still believe in Elon Musk and his hype right now.
I unfollowed Elon Musk and decided not to believe anything he said.

I agree with you that as with the previous meme craze, people are now using the power of influential people like Elon to hype a coin appearing from nowhere, regardless of the influencer approval or not. Meme's have always been driven by hype and unfortunately a lot of people believe in memes which is why these coins keep on giving ridiculous multipliers.

Despite the multiplication, there's no knowing which meme coin will perform and considering. there are so many can't let yourself spread out into meme coins (well, at least I hope you're not) just in the hope that maybe it will happen to your coin...

I agree, Elon musk has no connection with the Floki token.
Maybe he really wanted to name his dog Floki and someone took advantage of that.

Even if he has nothing to do with this coin , how can we explain his failure with chia coin?I don't think he didn't realize that this coin is far from eco-friendly mining.

Can you imagine how much should people pay to Elon in order to force him say something? It's impossible. At least because he doesn't need this money. Normal projects behave like Utopia p2p and run promo actions for miners with a good prize pool. It attracts new users and the amount of coin is rising. They better pay to participants then to someone for 1 day hype.

Even if the words of Elon Musk could be bought , I believe more that his actions were his personal intention to influence the crypto market and bitcoin in particular. Nevertheless, I agree that now is the time for new and more promising projects.

It is time for people to understand that Elon is manipulating the market and earning big money on this. So when he advertises any coins, it means that he has invested in it and now he wants to pump it. Elon Musk hasn't created any tokens, it is fake. He said that he wanted to develop this system and help Bitcoin to become more eco-friendly and widely-spreaded, but nothing about his own coins.

Great developing is manipulating the market with silly words? :) I'm sure he believes that it's funny. On the other hand, no one can blame him as he does what he wants, having all the possible money on him. Anyway, if I were him, I'd also promote some budding coins like Crypton to give a new life to it.

Hmm, maybe you're right, but does this mean that the crypto community is too easy to manipulate? I noticed that many crypto fanatics find the idea of quick earnings more attractive than more reliable and environmentally friendly projects like Crypton.

I think that he has to mention projects like UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db) from Utopia p2p. As when the coin can be used anonymously and it always have a stable price, like DAI, it's a new great opportunity for crypto enthusiasts.

Everyone understands that false rumors are being spread in the elon musk market even if he created something new it would have no effect on crypto. Bitcoin no one can control if the amount invested in this currency is high the price will go up with the exception of elon musk's project, cryptocurrencies are the best investment.

You are right, many projects are more worthy, but the crypto community prefers not to have its own opinion, but to listen to the advice of other people.

Seems like he promotes very small projects and picks him just randomly. That's why I mentioned other coins that are not very popular, but worth of attention. I think that stable and private coins are now of more interest as they provide more opportunities.

Yes, I personally also don't believe that the Floxi token is a coin meme created by ElonMusk. but if I'm not mistaken, that Shiba Inu is another meme coin creation by ElonMusk. apart from that I don't know if it's true or not. but there's no harm in trying to buy some Shiba Inu coins and throw them away when you make a profit.

I'm actually getting fed up with Tesla CEO Elon Musk. That's why I want to ask Musk to stop tweeting about Bitcoin, Dogecoin and other cryptocurrencies and focus more on developing electric cars that he runs to make the world of transportation more environmentally friendly.
I wonder why just an unreasonable tweet can have such a big impact on rocking cryptocurrencies. The reason is, due to Musk's actions, people are blind and even lose a lot of money.

Hahah, perhaps soon we will see how users will mention Ilona on Twitter in order to draw their attention to the new stablecoin

This is a free market and its not surprising that people could freely join up on this market and how much if those billionaires or known people would jump into this market?

They could really tell things that they do want and its up to the community if they would follow it or not.We do have different perception and views.

Lots have hated Elon but there are people who do really still love on following this man due to some fundamentals for their investment to possibly react on it.

"If you cannot beat the crowd, join the crowd" is a nice mantra to have in the world of altcoins it seems. You just have to get in while the wave is taking off and bail out before the wave starts to come crashing back down. Like in the stock market, it is large financial institutions and a few astute traders that know when to cash out - without being too greedy, that will make the biggest profits from this trend of social media trading. It's a sad indictment of society today that people are so willing to throw money at absolute junk just because some semi-celebrity, who is clearly playing with them, is willing to drop even subtle hints and they jump right in. He's acting a bit like a super villain these days, but he was probably tweeting over a bowl of coco pops for breakfast.

Such a bad influencer, he "harms" the industry with fake news and useless social media posts. Imagine just a single word about any project makes a perfect excuse for traders to pump it to the moon, I don't think this it the crypto space I have invested. Btw, I agree with the idea of "If you can't beat it join it", it is always better to make money on the speculation than waiting for the best opportunity. It is his personal choice to pump the existing altcoin or gonna create a new useless shitcoin and spread the HYPE around Twitter.

False rumor have been spread because Elon often tweet about cryptocurrency, and the price get affected after his tweet.
Many said that Elon is manipulating the price of the coins with his tweet, but it is not 100% true.
Some people may take the advantages of Elon's tweet and manipulating the market.

It's such a funny world, with a manners of people! While you're just there asking, there're persons asking, why you're asking and for what, you do not have more money than Elon Musk if he were wrong. Just ignore them and move on, they're way to learn and we all don't get to learn on same day.

Soon after putting a stop to the most popular cryptocurrency out there, Bitcoin, as a payment mode to buy Tesla vehicles, company CEO Elon Musk has now said that he might create his own cryptocurrency in the coming future. A Twitter user asked the Tesla head why is he not creating his own cryptocurrency to which Musk replied if Dogecoin can't do it, he just might. "Why not just make a crypto from scratch that does everything you want technically and has a lot of dev support and doesn't have high concentration of ownership at least initially?" a user asked Musk on Saturday. "Only if Doge can't do it. Big pain in the neck to create another one," Musk replied.

On one hand we might say it is a harmless message also you never can tell the motive behind such, that is, what if the plan was already in place to create such and what was needed as just that right moment. Moreover, one can hardly get involved in something that won't benefit him.
Also, on the other hand, he has already created that environment of tweeting something and the crypto community will pick it up to their own advantage, it start with Doge thus once something of like manner comes up from him, people leverages it and make money out of it, all these lead to the Meme shitcoins season.
Lastly, everything point to hype, and nothing more and today no one is remembering the Floki token again, the aim has been achieved and people have moved on; if he tweets another again, don't be surprised another token will pop up again, rise high and then crash like the others.

I think don't be too hung up on Elon Musk's words at this time, if there is a possibility that it will happen, then we must also take advantage of their statements or steps, the point is that we must prepare all investment steps properly, for now and in the future.

Whatever they do and have to have a big impact on us, so that the investment we make will be very profitable, not to mention the current market conditions are quite good and stable, if we can take advantage of this, then our investment will be profitable to the maximum.

That's quite possible on the whole. I'm sure that many already tagged Elon, but for sure he doesn't read all these messages. It can work only if you'll send 5000+ army of twitter users with the same offer :)

there are some parties who respond positively and there are also those who respond negatively about the launch of the new Elon musk token, namely Shiba Inu!.
In this regard I think that Elon Musk will create a new surprise in the crypto world, but in this case you should not be influenced by other people's tweets, stay careful in trading.

I don’t understand at all how you can buy such tokens. I have only one explanation, human greed knows no bounds in an attempt to capitalize on the hype. If Elon Musk is not connected with this, then the one who launched this token is a clever comrade, ahead of everyone else. And Elon Musk can not release his Tesla, but start breeding dogs, cats, and hamsters.

What a nice marketing ploy. Someone clearly aim to collect easy gains from Elon’s fans that immediately culled through crypto market list and bought this new token Floki. The growth of this shit token indicates that hamsters still believe and follow all the “signs” Elon Mask gives. No wonder that clever investors use these to earn. I wonder how long till this token will scam. 

Yes, unfortunately, the chances that he will see mentions are negligible. Although this project would not hurt to promote, because it is actually worthy of attention.

I think I would agreed on your statement about this statement dude. Because, nowadays it is easy to create token here in cryptocurrency actually, then once it is created, it is also easy to make an story and use other name that has a popular in the social media just like the name of Elon Musk where a lot of scammers used his name for their own self-interest, this is just a matter of real talk only.

But what's the reason for that? Not many will believe in something just because of the naming. Many will just laugh at it. While people are spending their time on something useless, Crypton already reached 31K active nodes! The number really impressed me as not all the top coins have similar index. Seems that project is gaining its popularity.

everyone has their own thoughts, for those who benefit from the hype that Elon created they will certainly support it, but on the other hand many also don't like it because they experience losses, this is what makes research and risk management that we do is very important, don't trust what other people say, and be careful when you're trading.

Elon musk has done nothing but manipulation for crypto money in my opinion. Doge support is not a problem at all. But in doing so, it caused many scam projects to be launched and caused serious losses to people. While trying to do useful things for cryptocurrency, it did too much damage. At this stage, he added wealth to his wealth thanks to crypto money. But while we think that we have actually won, we will realize that we have lost at a wide stage.

I wouldn't suggest to try investing in crypto, watching Musk tweets. You will lose in the end. The best long-term strategy is accumulating strong altcoins, without trying to buy the dippest dip.

This us not market manipulation, rather it's a group of people who set out to create token on whatever Elon Musk talks about, none of these is he's  fault, remember we all have freedom of speech Elon Musk saying things like the name of his new dog doesn't  mean he told developers to make a token with the name, I'm really happy the meme craze is no where to be found anymore, Atleast investors can now concentrate on investing in projects with good Utility over meme coins.

I read in an article recently that of course Elon Musk is well known to everyone connected with cryptocurrencies. But the entrepreneur and businessman earlier this year won the title of richest man in the world, surpassing Amazon founder Jeff Bezos with a total net worth of $209 billion.
Source: https://blockster.com/blockdesk/1504_is-elon-musk-good-or-bad-for-crypto-a-unbiased-perspective

Too many losses have been done by Elon Musk in the crypto world, because Elon Musk turned out to be a greedy and selfish person. He does all
kinds of ways, even though these methods are detrimental to others in order to make money to be able to enrich himself. So I no longer believe
in projects related to Elon Musk, I'd better focus on investing in top altcoins. Which top altcoins are safer and more profitable for investment.

From the start I didn't believe in Elon Musk he really did everything he could to make a profit for himself,
we can see that a lot of people hate it and I think that's a natural thing,
That's right, it's better to focus on investing in coins that we like and potential coins

I won't seat here and pretend that this guy is an influence on the crypto market,  but it might not be his doing but some shadow society leveraging whatever he says to their advantage.  For a person like Musk who is always talking I want to believe floki isn't his project but someone else's and trying to cash on these speculations.


His already an influence he doesn’t need to attempt anything....whatever he says people buy in into his rantings.

All I know is that going green isn't cheap and it takes time to archive but along the way we all have to use sustainable energy sources.


No clue about chiahype

This is why I thought Elon Musk will end up like John McAfee, losing all of his friends and followers for good since I'm not sure he knew much about the difference between a decent project and a shit coin, and the man is simply here to make money, so have an open mind and be extremely cautious.

Yah i feel like elon has McAfee legacy which really want to make money from influencing crypto to the media and play the game with the people but elon has more power than McAfee.
But i think it's good for crypto space to have some people like this because his audience is from around the world and not only people who owns crypto, so it means he can convincing more people to invest in crypto which will bring good impact for crypto market.
As a experienced crypto investors, we should just analyze more before we invest so we won't got trapped by any influencer

You're lucky from the start that you didn't trust Elon Musk, so you didn't fall victim to Elon Musk's manipulation. Because so many victims have
been harmed by Elon Musk, it is only natural that Elon Musk is hated by most of the crypto community. I didn't think negatively at first about
Elon Musk, I even initially hoped that Elon Musk would be one of the influencers who could provide proper education about the crypto world.
It turns out that the main goal is just to make money in all kinds of ways, and what hurts a lot of people is being harmed by Elon Musk's actions.

Wow. If I'm not mistaken, this is three times more than, for example, Bitcoin. The popularity of the project is really growing. We will wait for more good news.

I don't think this is going to stop, Elon is having fun playing these mind games with people and it's funny actually that people are greedy enough to FOMO buying the crypto Elon telling them about indirectly.

I also don't think Elon can be blamed for it that if people are investing, Buying, Selling based on Elon's words that aren't financial advice but just pure messing around.

He already posted a photo of Floki dog :) Maybe he's looking for another coin to promote, let's wait what will happen next)

Elon Musk is well known to everyone connected with cryptocurrencies. Earlier this year, the entrepreneur and businessman won the title of the richest man in the world, surpassing Amazon founder Jeff Bezos with a total net worth of $209 billion. But you can't keep track of everything; maybe he's taking on too much, maybe not, time will tell
Source: https://blockster.com/blockdesk/1504_is-elon-musk-good-or-bad-for-crypto-a-unbiased-perspective

There may not be anything wrong except that he is only taking his time and planning his next media stunt. Elon Musk likes to be talked about. He wants to stay in the minds of people. When you think he is losing publicity he comes back strong to look you in the face. Nevertheless I will like to see him keep quiet and disappear from public scene for a while and allow the coins he promoted in the past to grow on their own. Musk's tweets in the past have often resulted in pump and dump and that is not good for any coin and token.

Elon Musk has greatly influenced the cryptocurrency market with his tweets. Many people in the market trusted his statements very much and this led them to lose their finances. But it should be noted that Musk is a person who sees prospects in the future and he invests in those projects that will be successful. It is worth listening to his opinion, but of course it is best to make a decision on your own regarding which coins to invest your capital in.

Elon Musk started eyeing new meme coins, every coin he began to target was getting more expensive and even able to rise from its original position, many were shocked by the conditions that occurred due to Elon Musk's speculation, so many asked how far Elon Musk's role could affect the crypto market right now, I think this is a new attempt that he is making to influence the crypto market and targeting certain coins to be more valuable in the market.

Maybe he's busy with his businesses. Usually it's the media that makes it louder whenever he tweets something. But you can check for yourself about his profile and look at it if there's any related crypto tweets that he has made. That's what I've been doing before until I'm too tired of all of it and just stopped visiting his profile because there's no sense anymore and it's making myself look like a stalker that always check someone's post which I don't really usually do even if it's a popular person.

Well, no one is certain if Elon own Floki Inu yet as the business mogul is yet to make an official announcement about it. But I think one way or the other, he somehow consisted in the project development.

Exactly! It doesn't cost anything for Elon to write a couple of tweets that can dramatically change the situation on the crypto market in the future. I don't think it's a very fair game.

Unlike the pattern that was done by Elen Musk at that time, the efforts made by people today are only based on greed, making some coins after that sell them during the hype, but they are not aware of the effects of these actions, while Elon Musk makes reasonable speculations , by making dogecoin become invaluable, although it is the same as taking advantage of the profits personally, but in general Elon Musk is more coordinated and benefits both parties, so what he does is more rational than this incident.

This shows you how flaky and flimsy crypto is. Someone, maybe a popular character sneezes and tokens are popping up all over the place. I wont spend a dime on these meme coins

Isn't this fake? =)) I have never seen such actions before! The conditions look too simple, it should be noted. But, thank you, I will certainly read the terms in more detail.

Elon Musk realized that he could sell any shit to hamsters, because all of his statements somehow affected the value of certain cryptocurrencies. Although many are dissatisfied with his activities in the crypto world, but this does not prevent him from continuing to earn. He took out another bad token and made money from it. Will issue some more tokens and will also earn. The crowd learned nothing and continued to allow themselves to be undressed in monetary terms.

No, it can be called a competent promo strategy that the developers have created. I think not all users liked the conditions of the previous promos, let's just say they needed some creative factor. Now the promotion is designed for those who want to earn money with the help of mechanical actions.

YES, the previous bounty was quite creative. Just like the first one. You're probably right that not all users were satisfied with such conditions, so I think the developers made a good move.

again SHiba Inu increase high this week alone , now valuing  0.00003$
that is how many percent from the last value you posted? please do the math.

funny thing but indeed, i don't know where does the value of this shitcoin coming from as hyping too much just because it is created by Elon Musk.

Overall the price of the coin depends on the supply/demand in the market. but what Elon Musk is doing is trying to influence investors' minds. facts show that his Meme Coin is a HYPE. if you are in ElonMusk Lineup, then you should monitor in every tweet he publishes so as not to miss the train.

Unfortunately there will always be people who can be easily swayed by deceptive strategies. I would never use any cents in my wallet to invest in something that is just hype and nothing more. we should choose long-term and sustainable projects for long-term and safe investment, do not follow the hype because it is only for a short time and the risk is very high.

Elon Musk's influence is undisputed but notice how people observe his lineage and create trash in this space. I'm not too harsh on that because the people who will be greatly affected will be those who lack knowledge in this area.

But people run after everything he says.. And it's not the best way of behaviour. It's much easier to lose money than to earn. Even if you look for something fresh, there are much better variants than one-day hype coins.

Elon Musk, of course, first of all made a big profit for himself by advertising Dogecoins in his Twitter. His projects as a whole should improve people's lives, but apparently he doesn't have enough money to implement them. Therefore, he made sure that thanks to the hype on Dogecoin, he managed to earn money. The cryptocurrency market cannot leave everyone happy, here someone earns and someone on the contrary loses, you need to understand this.

I never really understood people who made trades based on what Elon tweets. Why would something called "floki" be increasing that much just because its elons dogs name? I mean it is obvious that speculation and manipulation is at a very high level. Let these go otherwise you are going to be making a huge loss in the long run.

I personally hope that people would eventually realize that they are making a horrible mistake with these trades. Dogecoin, Shiba, and obviously Floki, are not things that you should invest, a token based on a tweet is not something that you should spend money on. There are so many fundamentally good coins that you could buy, take a look at those if you want to make a profit.

Absolutely. In their desire to get income quickly, these users forget about the unprofitability of projects or their insolvency for a long period of time. Frankly, I'm pretty tired of the hype around new and supposedly promising coins that appear every month and disappear quickly.

You're right, but I won't be worrying so much about them. Every person makes its own decision and we have to let them do that. I was just laughing on that hype and a little bit sad that really interesting coins don't have such attention. For example the launch of the first privacy stablecoin UUSD was just missed. And it's a great innovation.

By the way, Utopia USD was listed on the exchange yesterday - https://p2pb2b.io/trade/UUSD_USDT/ And not only UUSD, but Crypton also - https://p2pb2b.io/trade/CRP_USDT/ I think it's a great news as coins will get more trust and maybe Crypton will start gaining its value after that. Let's see.

Maybe doge was part of an experiment of elon so that he could know how the whole process is work. Doge was old toy for elon mask and now he shift to floki. It wasn’t created accidently but more than master plan. Meanwhile i check floki inu on coingecko, it already listed on so many exchange and haven’t dump since it created. They claimed themself wolrd largest meme coin! Maybe they aiming to be next doge or something like that

even if that's the case, we can't prevent this from happening because pump and dump hype and fomo have always been a mainstay when talking about things like this.
for people who already understand very well about ways to benefit themselves it will be very good, but the problem is that they are beginners who are still getting involved in this.
but indeed there are no restrictions or restrictions when in crypto everyone is free to do anything even though it is about manipulation like this

That's great it didn't dump. But speaking about many hype coins, it's a unique case. Anyway, I like coins that grow naturally. Like Crypton does these days. It has grown twice after the last listing https://crp.is/exchange/crp_usdt And none of the top influencers ever mentioned its name.

It added 50% more to its value already and is 1$ now. Really nice news! And as I've mentioned the best rate for operations is still on the inner decentralized exchange. It's also great as it a no KYC exchange so the coin remains really private. Hope that the positive movement will remain.

Unconsciously Elon Musk has hypnotized many traders since his presence in the Dogecoin generator community, Maybe this is a form of Elon Musk's strategy to start his manipulation again using other Crypto, but what makes me wonder why ElonMusk prefers such coins over coins who is better in the crypto market, or maybe he just likes to seek hype in the crypto community???

As I know, Elon has conducted a survey of his employees about cryptocurrencies. Most of them have mem coin and the main one all have a doge. From this elon wants to make the value of the doge to the moon. But elon confusion towards cryptocurrencies and if he wants to create crypto then just take the positive side that cryptocurrencies are in demand by investors or big people who will lift their value as well.

And I believe that the positive movement will only continue. According to the latest news Utopia p2p sponsored the Blockchain Economy Expo. This is the First Blockchain Exhibition in the "World Expo" history. The WORLD EXPO is being held for 170 years and for the 1st time, blockchain will be introduced to the world at the same level as countries, international organizations and other traditional businesses.
Do you think this will attract the attention of the crypto community to the project?

The sensation is already there through his already well-known name, so he always likes coins that don't have a high value to make big profits in a very short time, because coins that are expensive are very difficult to manipulate by anyone.

Shiba INU and Dogecoin are Elon Musk's favorite coins. However, it is quite dangerous for those who often FOMO with Elon Musk's tweets. Usually they get stuck at high price. Elon Musk also changes often, Maybe today he supports Shiba Inu, Tomorrow it could be Floki, or the day after tomorrow it could be back into Dogecoin. I've always been wary of Elon Musk's hype because it's so fast changing.

But Elon Musk himself has said that he doesn't like Shiba Inu and only likes Dogecoin, but you actually say the opposite which makes me a little confused even though basically I don't like any meme coins.

Following elon musk trend should be quick and never love a single coin meme. Elon Musk is quick to replace the coins he invests in.  His mind was volatile, it was very easy to drop the coins he was talking about. Even bitcoin has been manipulated. Take advantage of Elon Musk's trend. Buying by the time he tweets when you reach his target is immediately selling, everything elon musk supports is always changing. Like originally Bitcoin, Became Dogecoin, Changed Shiba Inu, and now Floki Token?

We don't know what will happen if Elon Musk makes Floki tokens and what will happen to Chiba Inu in the future, if the price goes down again then there will be no more memecoins that will match the coin doge, if Elon Musk makes a joke then many investors will feel disappointed and definitely many feel disadvantaged, but I'm sure there are other people who are taking advantage of Elon Musk's popularity in the crypto world so that the Floki token can have a very high increase.

I also thought like that where someone else made something very similar to what Elon Musk had done so that Floki's improvement happened so sharply and so did Shiba Inu who had such an extraordinary improvement that some people have started praising Shiba Inu at that time

Of course it will attract. Being a sponsor of such an event is very cool.I think that after that the coin will start growing even faster. You do realize that this is a world-class event, right?

But...Folky was only inspired by Elon Musk’s new Shiba Inu puppy, you can read this: https://swapzone.io/blog/floki-inu

Positive news for those who like to follow Elon Musk's trend. But it's also a disaster for the clueless about Elon Musk's trend. Elon Musk is changing fast with his own coin. If the layman was definitely stuck and Elon Musk wouldn't care about that. After what happened about Elon Musk manipulating the price of bitcoin he wanted to create his own token. It's amazing if it's just to be manipulated.

Elon Musk just having fun in Twitter and who wants to make fast money simply create new tokens after his tweets. soon every word in Musk's tweets can be a new token )

Exactly, almost all the tokens that used the name "Safe", "Shiba", "Doge" went high so hard they created new millionaires
while coins with ADA and BNB rewards also gave temporary profits to its users and nowadays "Meta" have shown the same response for investors. I believe that shitcoins and memecoins also have their trend ongoing but nobody knows till where will they rally and what outcome will there be. For example, many tokens with good tokenomics (even better than Shib) ended in huge losses for their investors while Shib has become one of the top 20 coins ATM.

The Elon meme coin trend is still continuing and more and more new meme coins are popping up, and until now I've only been a loyal viewer because until now I don't have one of these meme coins.  for some reason the interest in adopting him is very reduced even though often sees people posting his profits by investing in coin memes

Elon Musk is able to warm up the public with new tweets where there is a cryptocurrency, and it is always a sensation, they talk about it on all news resources, I am sure and convinced that there is interest on his part in this project, because such public people will not create such tweets in vain

things like this will continue to happen because the followers of influencers and fomos are increasing and what is worrying is that there are newbies.
as for those of you who do not follow it is a good choice in my opinion because this is indeed a risky thing and the possibility of being trapped in it is very large.

Seems like it really is. And nice to know that not only wide-known coins take part in it. It will be interesting to check what will happen to Crypton rate right after. If the latest listing affected it so much, then this action will also give some improvement.

Elon musk is perfect example of how to use fame for business purpose! That's why he added btc as payment method of telsa then refuse & dump btc, then he supported doge & shiba inu, create hype & take benefit. Now floki coin will be another one! This meme coin is still pumping but might be down after hype end. But it true that those makes people Millionaire who follow elon! So i believe it may risky but also an opportunity for us through following him

I've also recently heard of mem coins like ,, dogeelon & spaceX.
I am wondering. is it really ElonMusk's new meme coin hype?

Of course, participation in such a large project confirms the level of reliability of the project as well as possible. Moreover, most of the major representatives of the crypto community have now paid attention to it. therefore, we can talk not only about advertising, but also about confirming the validity of the project.

Exactly! Memetrap isn't easy, you may lose a lot of funds for putting a trust on that coin or hoping it may explode somehow. But in some instances, there are other cases who somehow gained for joining the hype, they're indeed smart about it and lucky enough that they made some serious profits but those things are so risky so personally I prefer to keep my distance about those coins. I'm aware about it so it's better to be safer than sorry.
As a matter of fact, Elon does really knows how to use his fame and brain to purposely gain profits, a lot of it! To think that Elon just tweeted about Shiba Inu and few moments after that, that certain coin is shaking and its market value drastically rising. What more if Warren Buffet and Bill Gates decides to join too.  ;D

actually it is up to us how to respond to the behavior of this elon.
I don't think it's a secret that there are many people who don't like Elon's behavior, but that can't be a weapon to bring him down, even with this he actually becomes rich.
apart from the coins being pumped, it must also be based on if we really want to follow it then we must be smart to see the momentum so that it is not wrong to enter and leave the pump. because this is really important, sometimes people always follow but don't see and are not good at picking up the momentum that keeps them stuck

How do you know that? As I've checked, the rate is more or less on the same level. At least it's not falling and that's good. But what concerns the fact that more people now know that - have you seen some publications or activity in social networks? As for me everythng seems to remain the same.

Do you really think Elon Musk has anything to do with these coins? After all, ordinary speculators create them only to cash in on the hype that started Musk's tweets about DOGE. It's all a meme coins bubble that will burst soon and everyone who believes in it so strongly will lose a lot of money.

Of course, he has nothing to do with these coins, but as a rich and famous man like him and interested in cryptocurrencies, everything he writes on social media overnight creates a new investment and people quickly support it, investors can't understand that the meme coins are nothing but shitcoins created in the hype and no doubt The hype will surely end.

I notice floki inu start dumping for first time on 4th November after its creation! Till then i was flying and able to got our intension but already lost half of its cost from its ath.
Unique case cause this meme coin belongs to elon mask, so its getting extra focus than others meme coins. Even it has Given 3.3k % return to them who was with it from beginning. It could be risky in future or could be source of profit like shiba inu?!

but this year I see people competing to accept big risks with coins that are not very famous for their rankings. More surprising this year in my opinion than last year. You could clearly see what had happened and it took everyone by surprise one of them was Elon musk.

How come investors don't understand meme coins? Maybe be more detailed, as folks new to cryptocurrency won't be able to tell if a meme coin has a good future value. Elon Musk has nothing to do with it, and people, particularly newcomers to cryptocurrency, are being deceived by individuals who develop these coins based on Elon. That's why we should be more careful on where we invest and don't let them invest on things they can't understand.

And that's why theres a forum something like this on where these people could able to read up those warnings and tips in regarding with investing and its up to someones fault if they haven't do their assignment on making out some  research first before making some action.

This market could really be somewhat manipulated but not on general sense but for those temporal kind of trends which would result into neither pump or dump type of movement which is something
not totally new.

If you are just new then you would simply freak out on what are the things been happening but if you are already experienced then you do know on what to do.

Hmm, I didn't mean ratings, I was rather talking about the fact that more users found out about this project. And I expect it to become obvious in the future. By the way, I'm still waiting for the release of the mobile version of the app.

I'm sure you'll see it soon as not long ago the picture of mobile phone was posted over social networks without any comments. I think it's exactly about mobile version soon release. Today another teaser picture appeared. And now it seems to be connected to their own exchange :)

Haha, I am delighted with these "hints" that developers give to users. It is very important for me that they release a mobile version by the end of 2021. What do you think - will there be a beta?

Every new product needs a beta period in order to fix all the bugs. So I'm sure that yes, it will take place. And now will be the best time to release it as all the other popular messengers totally failed with the latest leaked FBI document. I knew that most of them collect and share users' data, but some of them really surprised me.

But I want to believe that Elon is stylishly involved in this project Floki. And an occassion where the Floki dev donated their NFT sales to his brother Kinbal still got me rolling though differ from partnering with his charity firm.

I also heard about those two and also tried to find out details about those. I don't think elon was behind spaceX cause it is totally shitcoin, no noticeable cap but it seems elon might be involve with dogeelon mars, although I'm sure but haven’t found clear statement.

  its true that, this is for them who could manage it perfectly, otherwise better to avoid. But there are some people who try to follow but don't have time sense, when what to do. Such People will be in trouble

I havent heard off about Elon solely created crypto yet he's been engaging or tying up with those already existing ones which majority had able to make out some money for those who are lucky able to get out and to those who are get caught in the dump then they do experienced those unfortunate things.This is why we should really be careful on dealing with hypes and never get yourself get hooked
on whats the current trend.

After seeing tweet by elon, i bought floki inu as fast as i can. I know it was risky, that's why i investmented low fund. So that i don't need to regret in future. but after that i make profit from it. But i sold large percentage of my floki cause i know this hype wont be last longer! But recently i read  sms on telegram as well as an article where some companies are planning about recognise shiba as their payment method. I'm not sure but it isn’t bad idea to some low amount on floki if anyone wish to play with risk

I don't like Elon Musk dominating the cryptocurrency market. He is constantly manipulating. It drives communities. I will not buy the new coin that he inadvertently created. I do not participate in manipulation. I didn't buy Floki. I will never take it. No technology. Why should I take cheat money? They contribute nothing to the ecosystem. They only make a small group of people rich. I will not get involved in this dirty game.

I really don't think that floki was created by Elon musk. I agree that he said something about the token but it was created without his approval by unscrupulous individuals whose intension was to deceive the public and that explains why we had over 3500% increase before the token began its endless dumping.

Very much awaited if Elon Musk makes new cryptocurrencies, this proves that Elon Musk really likes cryptocurrencies, I hope Elon Musk can also make big exchanges like Binance so it will make the competition very tough.

Although, of course, all this has been confirmed a million times and a million people. However, now these proofs are irrefutable.

Are you ready for the news?? Monero was added to Crypton exchange from Utopia p2p: https://crp.is/exchange/xmr_usdt I thought they'll add any small coin, just as another pair to Crypton, but guys decided to move the mountains. Pretty amazing. I expect thousands of users as this exchange is accessible from all the countries, no matter which regulations they have.

But has Elon Musk made such plans for cryptocurrencies so far? because all I see is he is just a very smart hard worker to reap a lot of profits through everything including cryptocurrencies, so his plans look different.

You are right I also noticed the Floki Inu coin, today I saw the price of Floki in the market has reached the level of $0.00013, what is this sign, in 2021 it seems that Elon Musk has shaken the crypto market in general.

I was wondering how about shiba after Elon Musk released his new coin it's Floki, could shiba be a joke chart in the future, i also saw that Floki has been released to 20 exchanges, what's this.

that is good for those who create that new token/cryptocurrency but i don't feel the same for some investor who will lose their money.
and this is not wrong because people want it

it just free market. anyone who want to gamble their money, they should know the risks

If I make a comparison between CZ and Elon Musk, I still believe and like what CZ is saying because he says very important things and what he says is also often very accurate, although not entirely correct.

Oh, wow! I must say that the addition of this coin came very handy. Especially now, when Montero is banned almost everywhere.

YES, I also think that thanks to this update, a lot of user attention will be attracted to the main project. Therefore, we can only monitor further changes.

These two people are indeed very influential in crypto and if you compare them I think each person has their own point of view in judging CZ and Elon Musk,
It's always interesting to see these two people talking and we'll see what happens next

The main project is an important thing that must always be seen because if the main project cannot have very good progress, then the supporting projects will also be very difficult to succeed, especially since in general the competition is very high.

I think this is natural, cryptocurrencies are the power of capital, and with strong finances it will be easy for coins to enter the top ranks and this is in Elon musk, I'm sure if he makes coins there will be a lot of direct adoption so this is good for the market.

The possibility that will happen next is a market recovery that will soon occur slowly because they both also like BTC and also often buy it in very large quantities, so I personally also often believe what they say on twitter.

Bitcoin will remain unchanged. There is no coin equal to it yet. However, it can already be noted that there are a lot of worthy projects that should be paid attention to. I am not trying to devalue the authority or influence of Elon Musk on the minds of the crypto community, but his persistent praise of the initially failed project (I mean chia) tells me a lot.

I'm really sad to see that crypto community continues listening to Elon so much. Do your own research! Privacy coins are the top ones now and they're developing really fast. I believe in Crypton and will continue doing that while you'll be following hype coins which will fall down one day.

Elon Musk only likes two coins in cryptocurrencies and his influence is also not big enough although in general it is seen when he says something on his social media accounts, but he only likes Bitcoin and Dogecoin.
Whether it's for investment or other things.

Elon Musk does like to pump coin.. especially meme coins. we have to admit, some of us may also get a big reward from the price pump.. but there are also those dump.. the risk is in our hands.

most people who listen to elon's babble are new people in crypto, they really trust him because his background as a tech company founder and ofcourse he has a big wealth. A lot of people already consider that elon's game are just a pump and dump game since dogecoin and shiba inu, and recently something that about elon pumping scenario was raca, it was an elon's mother coin and people always promoted it as it's related to elon and tesla, but the price dumped hard ang a lot of people loss.
So i think it's enough to place so much trust at only one person because crypto market is all about the products and the demand.

That's true, but let's look at it from a different point of view this time by placing those who bought at the highest price and then the price drops.
Do you not see that so many people who lose are simply forgotten and not even used as a good reference?

Oh, yes! Some time ago I would have said that users should also pay attention to Monero. However, given the latest news, it became obvious that after the block of this coin, paying attention to Crypton would be the most optimal solution.

Why is Crypton the most optimal to pay attention to ? can he beat all the coins on the market, even Bitcoin ? I didn't know anything about Crypton and never heard of it either so I'm still hesitant to believe it now.

 I think this is true but that not mean that a man go to something rong because its a very promising man and he can't want that a people are a got a loss and that announcement is that so definitely they perform some better.
And many time these type cases are common in crypto owner create a token but token suddenly pump and the whale are removed there money and the price suddenly down so that not mean that the owner performance are bad.

Who said that created accidently? It is elon's legendary step so that he can permanently connected to cryotos. As well as he might be want to have market Control. you can see, Because of knowing Elon was behind this  new crypto, people start investing & already it pumped huge. maybe this is also a bubble but professionals traders can play better and make profit.

All of this is really for the sake of profits and this is why he's been trying to make things connected to crypto market or he wont really let himself get lost on the trend and thats not
surprising for someone to do so who do have that kind of influence in the market.

He create something or not then its none of our business but you should be wise on how you do deal with those hypes.
I dont believe on accidents because whenever we do talk about these guys then there would be always an intent.

And why should we risk so much, while we can find something more stable and trusted? I like the way Crypton behaves: it was listed on a new exchange and gained +650% during the next month. It's a natural growth and it didn't fall back. And one day coins can fall too fast. It's not worthy.

investing in meme coins has a very big risk, those who are not ready with the possibility of losing, don't ever try to invest in meme coins. Elon will continue to make jokes about meme coins, for those who invest in meme coins it is highly recommended to sell immediately when the price goes up because meme coins are not suitable as long-term investments.

Meme coins are only suitable for those who like to play with short term trading only not for investment, so it is clear in this case that any memecoin is only suitable to be held in a matter of days meaning in a very short duration and only choose it when there is hype only, nothing more

The risk is not entirely appropriate in such situations, I think. Especially when the words of some joker can bring a decline to ordinary crypto fans or somehow negatively affect the exchange rate of reliable coins.

Guys, let's forget about meme coins for a while as there's a great piece of news. I've seen many looking for a place to trade Bitcoin anonymously.. So Utopia p2p listed Bitcoin on their inner no KYC decentralized Crypton exchange https://twitter.com/UtopiaP2P/status/1480838807935078402?s=20 It's a really great step for improvement.

Rich people are always easy to get involved in any business, including those kinds of projects, because Elon Musk is a person who wants to work hard on all businesses and on all projects that can make him lucky, so don't be surprised if Elon Musk is also in the Floki Inu project.

Geez.  ::) If you search Elon+token in google search you'd probably end up with nausea just by looking at how many 'Elon' tokens are already circulating out there.
It's just one of those things that sketchy people would make to ride a hype in hopes that some poor soul would buy in thinking it has something to do with the billionaire and get them into the moon.
I'm pretty sure if he tweets about avocado, we will immediately see Elonocado or Avocalon or whatever shitty token name they'll think of.
It's best to stay away from these shitcoins and focus on something that has actual value and utility.

Wow! Utopia developers are just crazy enthusiasts! First they added Monero, now Bitcoin. Hahaha, I'm afraid to even guess what will happen next...

No need to be afraid to guess because this kind of thing has also happened very often on several other exchanges in the past, so there is no need to be surprised or afraid of it while its popularity is still very little.

At first, we saw Elon musk criticizing bitcoin mining and carbon footage on it.  He is also promoting dogecoin on the other hand, although all his tweets are metaphorical about crypto.  Elon Musk's tweet has had a significant impact on the crypto market.  There is no point in saying that Elon musk's crypto does not have much influence.  Elon Musk tweeted "nice" after the recent Bitcoin market crash.  Within 24 hours of this tweet, the price of an unknown coin called "nice" increased by 1300%. 

Elon musk likes dogecoin but I think he can bring the web3 project to market under his supervision in the future.  He recently tweeted that he doesn't think web3 is true at the moment and he thinks it's just a marketing term.  But he does not know what is going to happen in the future.  Maybe he is sending a message that he can work with web3 in the future.  Maybe it's through dogecoin or making a new coin.

Actually Elon Musk is an ordinary human being who already has a lot of wealth so he can be very free to carry out his work but for future predictions I think he is still not capable because he is not God and that is also very reasonable in my opinion.

Well, can you please tell me the names of other decentralized no KYC exchanges that offer full anonymity and can be accessed from all over the world? Moreover the one that offers bitcoin anonymous exchange in a row with privacy coins?

Maybe Doge was a part of Elon's experiment so he could learn how the whole thing works. Doge was an old toy for Elon Mask, and he has since switched to floki. It was not produced by chance, but rather as part of a larger design. Meanwhile, I looked into DAO creator and learned that the Orion protocol is only one of their successful launches.

What's all that for ? because what I use will certainly be different from what you need, because as long as I use Binance, Kucoin, Gate, and Mexc there are no problems even though I have implemented all KYC on those exchanges and have also been very helpful in my work so far.

So far, there has not been a single coin that is subject to and obeys only one coin, including Bitcoin itself, although graphically, increases and decreases always occur simultaneously in the market when Bitcoin begins to rise and fall, but in general every coin is never subject to another, well if one day all coins are subject to Elon Musk coins, then the crypto space will be very funny :D

Well, yes, it sounds like the truth, in some reality, but for me it's not. In 10 years, he will write a book, My word, about the possibilities to move the economy and the value of the company with words alone. Although there are successes behind the company and its projects, therefore, trust in him is justified. I think this is another project to create money from the void.

Hmm, I'll try to explain. For example, coins such as Bitcoin and Monero have been added to the internal decentralized exchange of the Utopia p2p ecosystem. Anonymity in the purchase of cryptocurrencies is a must-have. In addition, Monero, for example, has been banned in many countries.

The ban of course had some reason on Monero and I think what you are saying is normal and there is nothing extraordinary about it so a lot of people probably won't be interested in this right now.

This is not market manipulation; rather, it is a group of people who set out to produce tokens based on anything Elon Musk says; none of this is his responsibility; remember, we all have the right to free expression. Anyway, You can look for DAO maker, they are pretty slick with their ORN launch! They have created an ROI of 155.76x!  Going back, Elon Musk mentioning stuff like the name of his new puppy doesn't imply he encouraged devs to create a token with the same name. I'm glad the meme mania is ended. At the very least, investors can now focus on investing in projects with high utility rather than meme coins.

Okay, so, all your transactions are traced. And in case of privacy coins regulations and block, you couldn't access it anymore. Plus what's the reason to use privacy coins, while you trade it with KYC making all your transactions clear and related to you? In any case, as I use no KYC decentralized exchange from Utopia p2p I was amazed with their latest announcement. They now develop a launchpad, where anyone could create own token with a built-in generator https://utopiap2p.medium.com/utopia-launchpad-preview-a-new-chapter-of-the-utopia-p2p-ecosystem-4242cd6c4a50 And token will be automatically traded on their exchange. Never thought that token creation could be so easy.

Wow, such updates always pleasantly shock me! This indicates a completely new level of development of the application, it seems to me. After all, the willingness to be responsible for the development of other projects shows confidence in the reliability of their own.

The responsibility and hard work of the team are two things that must run simultaneously in a new project, because without these two the team will not be able to manage project finances very well so that project development can also be hampered by it.

And utopia p2p is not a new project at all, but anyway, developers team continues to work hard in order to improve it as much as they can. The next step is listing of Crypton and Utopia USD on 2 exchanges: CoinTiger and Lbank https://twitter.com/LBank_Exchange/status/1490988812763381763 The previous time where coins were listed on outer exchange it ended up with a great growth. I hope now the story will repeat.

I hope that your assumptions will be justified! The beginning of the year is already filled with a number of updates, which are released one after another almost every week. I'm starting to think that's a good sign.

It's just a normal thing for any project that wants to keep its existing public and gain a new one. As many believe that they can just launch something and it will work on its own. That's how people lose craze money. And here the developers are really enthusiastic about their project and want to be the best on the market.

Yes, of course you are right. But I believe that there are projects that do not try to deceive users, and there are also users who soberly assess the effectiveness of cryptocurrencies and do not believe in hype one-time coins.

The cryptocurrency industry is moved by predictions and most persons bought into the coin, basically because of the hype and we all know that Elon musk is capable of pumping whatever he lays his hands upon. I personally believe that the floki coin was created by someone who wanted to take advantage of the announcement and had a breakthrough because the pump was massive.

I stopped watching after all those meme coins as I never seen any news about its improvement. But I follow Utopia p2p project and its Crypton privacy coin as it has lots of regular updates. Today it will be listed on CoinTiger exchange https://twitter.com/CoinTigerEX/status/1498149392905236486?s=20&t=abbaAbE-wei29RZGsys-7w And according to their news there will be activities dedicated to this action, where anyone could participate.

Anyway, I was waiting for a bigger bump after the listing. But let's see how the coin will behave after all the give aways that are planned now. It will surely find more supporters in the crypto community. Probably the political and economical situation around the world interrupts its rate development.

Every time Musk says something, it will cause a lot of influence, because he has enough fans. His supporters took his word for granted. I believe that if this coin does appear, a large number of people will definitely buy this coin. In their opinion, Musk can be trusted enough.

Oh yeah. I think you're right. A lot has changed in the world over the past year. The growing popularity of cryptocurrencies has led to their blocking in some countries and, for example, removal from exchanges. Therefore, unfortunately, we cannot be guided by the existing experience and make forecasts. But we can observe

Honestly, i first saw this topic two days ago, and it's the first time hearing about this Floki Musk token. And honestly as well, i don't think Elon was the master of this token and anyone can verify this by searching about Elon Musk affirmations about it.
Back to last June, during the middle of full Doge hype, anyone create something and attach the name of Elon to it will have a potential to be traded as an asset and even reach major exchanges.

people react on a tweet from elon , they make token's which do a x 10 easy but still i do not want to burn my hand's on this kind of tokens , what is a token what is based on all recent tweet's of elon musk , no i prefer coins/token's that are found way before elen get in to crypto

Whatever it may be I just love this guy. Elon is million things at the same time. We may hate him for the behaviour he has and the way he manipulates the market. But I see it entirely different way. I mean it’s good that he is manipulating it or may be he is just using the meme coin as actual meme and fans are following out of money greed. We can never understand the bright mind and what goes on the surface. If he is creating new coins accidentally then we should be able to catch up the train before it’s too late, get in get out with plenty profits. That’s all! Why make buzz about it.

And don't you understand that it's the worst thing that can happen or no? For some reason not all the exchanges check the information about the coin and it ends in a disaster. Just learn the case with a coin based on a Squid Game series. It was listed and traded and it turned out to be a scam. And it happens while really perspective coins can't find it's popularity.

The fact that Elon Musk is a genius is not even discussed. This is a constant that cannot be challenged. But the main point is the excessive attention of the crypto audience and the desire to easily cash in on a pseudo-popular project.

A coin based on a Squid Game series, is definitely defining itself to be a shit coin created for scammy goals. Weird how people see investment potential on it.
Most of the trading platforms require a fee to add a new token, provided that it has a specific trading volume, and these are, of course, relatively easy conditions. I even remember see exchanges offering the possibility to list a token for a limited period and the token has to pay for to be listed an additional period.

You're right, but people don't usually believe in small exchanges that ask for quite a low fees for listing. No one will pay a lot to be listed on a top exchange. But this situation has another side also. There are many small coins that are really worth trying like Crypton privacy coin from Utopia p2p. They even created own no KYC decentralized exchange https://crp.is/ And in a row with that, coin is listed on numerous well-known exchanges. But people will continue following hype coins and lose their money.

I think that this is due to their desire to get unprecedented profits quickly and without making any effort. Therefore, I do not regret that some users lose time and money. This is their personal choice.

Shittoken won't follow global market price trends. Even if you use a token name associated with a character like Elon Musk, Elon's own words won't affect it. As long as a lot of fools fall into the trap, during that time the price will be pumped up to a target limit the initial holders of the tokens will dump it. Then the founder will come up with other identities bring up another shittoken, and so on.

Fully agree with you! There's no chance getting income from such coins. But some people simply know the right moment how to do that fast before the token will crash. Anyway, there won't be 100% success. The main step is to check the whole information about the project and its developers. If the project is alive for several years and has an active audience around the social media, it can be worth trying.

Your words sound like a great plan. Especially when it comes to working with new and little-known projects. Although, extra caution will not hurt even in the case of widely known and popular coins.

In continuation of my words, I can share the latest updates of Utopia p2p ecosystem: https://utopiap2p.medium.com/utopia-p2p-presents-its-new-spring-updates-a7e89975747c As mining was improved, the productivity of the whole ecosystem will improve and get faster.

Oh yeah. What do you think about the possibility of publishing videos and/or creating a video platform based on the project? Personally, this update is very impressive to me. It seems to me that users have been waiting for this for a long time.

I don't think this is something we just heard because he can always have an influence on the coins he wants to hold, as happened to dogekoin but finally the memekoin can't move to reach the highest number anymore, then Elon musk only made a momentary impact and this is like a plan by the team that issued the project, To invest long-term I think is very risky.

He have turned out to be a cryptocurrency market influencer. This happened once after the Shiba Inu market pumping. People will be always prepared to make some money out of the investment. Here Floki is created by someone realising the market push of Shiba. Though Musk created it accidentally, today Floki have gained good volume. If this has been created with some other name it could've never reached this position.

Nowadays creation of such coins have turned to be a common one. All that requires is a incident to back the creation and the developer to make regular update. The latest of this kind being the Will Smith Inu, which is created out of the Oscar incident.

We must not become paranoid. Is it because someone uses the words of Elon Musk to create meaningless meme coins, he can not say anything. We should just think carefully before buying a meme coin like Floki as it is very likely that its price will go down as quickly as it has risen.

All the coins work like that - they rise and fall all the time. Even Bitcoin is the same. It's better to think about the perspectives of the certain coin. I think that privacy coins are on top now. That's why I mine Crypton CRP now. It also has own no KYC decentralized exchange https://crp.is/ providing full anonymity to users.

I also saw the news about the latest updates. Did you know that the latest Crypton 2.0 update has improved the mining process? And another update allows you to delegate cryptons to other users without losing control over them. I think it's very convenient

I believe musk dosent have any connection with those projects you listed. Anytime he mentions  names of any animal, lots of people will swing to action and create this token and start shining it under different tweets. Everyone knows how powerful Elon tweet is so they are just trying to profit from it.

It will certainly help those people, who don't want to invest a starting mining capital. They can just borrow money from any user and give it back after they will mine their own coins. Sounds really great. Btw, have you mentioned that Crypton rate started to grow after its improvement to Crypton 2.0?

It is funny, that Elon Musk havent mentioned cryptocurrency in his tweets during last 1.5 months, and this topic is still alive. I think Elon Musk never had plans to create any cryptocurrency at all. He understands that it will took him a lot of money to spend on promotion, if he wants his crypto to achieve same level of success or popularity as SpaceX, Tesla and Neurolink. He also understands how shaky this investment will be, as cryptocurrency develops so fast and trends change so quickly, that his huge investment might turn into unprofitable short-term investment.

No, I wasn't following him at that time. I've checked it now and it really is. The coin started growing again after the last update and it shows that it really made sense =)

  No its not like that, everytime elon makes a new post someone will capitalize on it and make some money from it. what i ask is that what could have made Elon musk to make a coin and not make official announcement. i believe he wont do that. we all need to use our help and make research so that we wont make costly mistakes.

Maybe many people are using Elon Musk's tweets to pump up the targeted coin in the tweet content, then the coin's rating has gotten better in a day since it was tweeted, but currently Elon Musk's tweets are no longer appreciated as they no longer have any effect on the pump in the crypto market.

I really do not understand this obsession with Elon Musk that some people seem to proudly flaunt in front of others. You guys know that he has never actually discovered or invented anything? He is just like Steven Jobs who told people what to invent and then acted like it was all his idea.

His cars are cheap trash that only sell for a high price not because they are of high quality but because they are overhyped. Almost any other electric car has a better build quality without the fancy shenanigans.

His rockets all fail sooner or later, even if he does manage to land a few of them every now and then. His satellites keep dropping out of orbit and his neurolink BS is never going to work for humans in the way it was intended. And it has horrible side effects which lead to death or permanent disability.

So what is the fanboying about? He says he likes Dogecoin and everyone rushes to buy that useless crap.

He is just an narcisstic egomaniac who can't stop inflating his own ego.

Gone are the days which his tweets are relevant but since we know that there are lots had been fucked up with their investment just because they do really fomo out whenever they do see his tweets but
now people or investors had become more wiser and smart because they have learnt out on what are the things that usually happen whenever there's a tweet something like this.
You would most likely be ending up caught in a dump when you had bought something on the peak which had been suggested or been hyped up thats why you should really be careful.

Elon, himself was willing to be an owner of floki inu, otherwise all amount of floki would be burnt already.  Every year others also use to brings such shitcoins in crypto industry due to fruad with people and some people also trapped by them and lost capital.  It seems that, excitement around the project is also hype, which has short lifespan in my opinion. so it is suggested to go for better one.

And in a row with that he's ready to spend $44 millions in cash to buy Twitter. And you will still insist on the fact that he's afraid of spending his money? I'm sure that he will launch his own coin one day. And it will blast for sure. He's a person that can do anything and it will be successful 100%

I am sure that Elon will still prove himself in the crypto world. Very soon we will wait for new Skype tweets from him. And it does not matter whether it will be a new project that he decided to honor with his attention or something that he will create/finance himself.

Do you guys follow NFT competitions? Utopia p2p project just announced a collaboration with CoinTiger exchange, where they sell the Mystery boxes with Utopia branded exclusive NFT stickers collection. And the price is pretty low, I think I will participate, who knows what will happen next. Details: https://twitter.com/CoinTigerEX/status/1519579096006623232?s=20&t=4lTxrOPcarlwmZpioucZYA

Well, I think it's a good thing that Elon Musk decides to influence the crypto market and add such interesting projects to the market.  Elon Musk is not going to create the new cryptocurrency that can be used to fund different environmental projects. When Musk published the project, he meant to promote the idea of ​​a Greencoin if i not mistaken.

Oh, such collaborations are always interesting for users. The exclusivity of the project may interest fans .Moreover, the mystery and mystery of the box also fuels interest.

Collaboration is not always appropriate and able to attract the interest of users or fans for a new project, because it still depends on the product concept developed by the project in the past. So it needs a special application for the products issued by the project so that the interest can increase over time.

1. It's not a new project
2. It has a working application for several years already
3. It also holds own actions. For example, today a meme campaign had started with a prize pool 10.000 CRP. More details here: https://utopiap2p.medium.com/lets-begin-utopia-p2p-twitter-meme-campaign-total-bank-of-10-000-crps-4738d5d69f89

the product that consumers need becomes the main reference, with the product it is possible that the project will be sustainable, the more people who need it, the higher the price, because it affects the purchase of tokens to be able to use the product. That's why we have to be careful in choosing projects, so we don't get caught in a hype pattern that is usually not good for long-term profits

Elon musk is trending on the Crypto headlines recently. Anything he do or touches pumped massively in the space. Elon musk who just acquired Twitter recently, makes his coin, Dogecoin to pump and hits it's ATH (All Time High). Perhaps Dogecoin is getting Alot of popularity in the space, Matt wallace restaurant have started accepting Dogecoin as means of payment. The most trending news on Dogecoin despite the fact that it is dipping, GUCCI are planning to start accepting Dogecoin as modes of payment. The CEO of Tesla company affects the market Positively and negatively.

Crypto investment has to do with a research and information at early stage before pump, by knowing the right time to buy. I can remember when Floki Inu pumping after Elon Musk tweet, which many investors that buy on time make profits.

Investors at that time only took advantage of the temporary hype on Floki Inu so that the profits they got were more obvious, but for those who bought after the hype, I think at this point they are still experiencing losses because Floki Inu also experienced a large and insignificant decline. again experiencing a large increase in the market.

I can only advise you to read more about this project and test it =) This is no longer a new project and the collaboration was not done with the aim of attracting users to the "new" project. In fact, each of the updates or advertising campaigns of this project attracts even more users to it, increasing the already impressive fan base.

there are no valid news sources, everyone creating new tokens can be on behalf of Elon Musk, because everything here is very private. As long as there is no valid source, even Elon Musk's twitter doesn't announce it either, it's really unbelievable. especially now that the short term hype token season brings any trend to get hype, because the name Elon Musk at that time was on the rise, they were on behalf of Elon Musk.

And how is it possible to predict the next behavior of the market? For example, when Bitcoin will rise again.. What's the correlation between price movement and something that affects it?

Oh, I'll stand next to you here, read the answer =) To be honest, I'm very interested in learning a little more about predicting the growth and fall of cryptocurrencies, especially such large ones as bitcoin.

Telling the truth, I still have no idea what exactly affects it. It's always caused by different reasons.. So while the market is low, it's time for investments. For example, Crypton privacy coin was listed on the Hotbit exchange recently https://twitter.com/Hotbit_news/status/1527122277711564801 It gets more and more trust and I think it will rise well when the whole market will start recovering.

Yes, I think you're right. Perhaps it will start to grow now, if users get tired of losing money on growing and immediately falling projects and decide to look for something else.

I don't really think it will happen right now. It seems to be stuck in the middle of its historical maximum. As all the coins somehow influence each other and in most of cases follow Bitcoin. So there's no sense waiting for a great Crypton growth before the whole market recovering. Not everyone will survive, but I'm sure in this exact coin.

It seems to me that the main problem of most of the crypto community is their desire for a quick and rapid profit at any cost. Unfortunately, it is precisely because of the thirst for fast money that many projects become hype, and then also plummet, taking users' money with them. I hope that you agree that monitoring the organic growth of the project is always the right tactic.

For sure. It's the first rule if you want to enter the crypto sphere. But usually it happens like that: someone starts a hype around the coin and people are going crazy. I have no idea what exactly causes such mass adoption of new no-name coins.. Especially while there are lots of stories about how people lose money in such way.

Haha, it seems to me that users believe that this story happens to everyone, but not to them. Although, it's enough just to look into the past: I don't remember a single hype coin that wouldn't have fallen sharply after the initial growth and popularity. It's sad, but it's true.

I never know that Elon Must create a new token this recent time only. And you didn't mentioned what coin is that if that is true unless
its only a rumors you heard from the others. And we all know that if ever this is true surely the value of the coin that Elon will mention surely it will spike the price value in the market, due to we knew that ELON MUSK has the ability to influence the community to buy the coin He promoting in the cryptocurrency.

It was meant that he promoted a new coin with his words as usual. And that coin turned out to be nothing, as it usually happens. I can't stop repeating that please do research. And choose only the projects that are already trusted. In other case there's a great chance to lose everything.

I think you misunderstand. Yes, Elon Musk does not generate new tokens. This is about Elon Musk's tweet last year about the shiba inu, not long after that the shiba inu was quite high on the exchange.

I admit Elon Musk is quite influential in the cryptocurrency industry. Whatever type of coin that enters Elon Musk's social media will definitely affect the coins on the exchange, regardless of positive or negative tweets, but don't be surprised because he is one of the influential figures in the world economy.

Maybe it's also because he still believes too much in the coin he's promoting right now so he still ignores research and also trusted projects because he's still very confident about the profits from the promotion of the new coin even though in general any profits are always harder to get for everyone. in conditions like now, especially if the product is still very new, it is definitely necessary to find investors so that product sales can increase.

You are absolutely right. By the way, in the context of our previous discussion of the project, which is organically developing, I have good news:  Hotbit had already listed UUSD on June 7th, 2022
You can find more here: https://bitcointalk.org/index.php?topic=5343944.new#new Another exchange added this project.

Do you think that investors are the main point for coin increase? Utopia p2p never had any investors as the project is self-financed, but the coin got +1000% in 24h after some listing on the exchange. After the next listing it didn't get so much, but it doesn't fall much trying to keep more or less stable rate. Seems like another scheme for development.

Yes, I think you are more than right. Investments are undoubtedly a very important way to develop the coin and increase its popularity, but there are also other factors that significantly affect the project and its development.

As for now, Utopia p2p holds a summer give-away and each week prize pool is 500$. That's the easiest way how to earn in the meantime. Just check their official twitter https://twitter.com/UtopiaP2P If you'll keep your winning prize, you can get even more soon. I'm sure in it.

Elon Musk will be shocked of his creativity, when he find out how many altcoin he has already created and keeps creating. I think that Elon Musk is not that much interested in cryptocurrencies to create his own cryptocurrency. As well as in none of his business own cryptocurrency can not be integrated. Moreover, it is hard for his business to adopt and start accepting crypto. He has tried it with Bitcoin, but whole idea has failed. At least I wasnt able to find any statistics of how much Tesla cars were really bought with BTC.


Why not be fair and add that your prize is not $500, but project tokens, that are not traded anywhere, which makes your prize pool misleading?

Hmm, well, why do you think so? The project has its own exchange https://crp.is/ where you can exchange the internal coin for others, for example: BTC, USDT, etc.

It's just a clever man taking advantage of Elon Musk's words promptly for creating and then launching a new coin under that name and certainly took full advantage of it,  After all, whoever did it was very clever.

I did not know that. Anyway, why not state that prizes will be distributed in CRP, because someone might be expecting to get USDT? For me it is hard to trust https://crp.is/ due to trading volumes and prices. Why then no one has bough CRP on Latoken for $0.20 (https://latoken.com/exchange/CRP_USDT), and sold it on crps.is for $0.53 ? It is x2 out of nowhere.

What is Elon Musk connection to Utopia? Or you simply shill it in this topic?

I think Elon Musk vision of cryptocurrency is something like "fun", and as a businessman, he would never invest money into something, which purpose is just fun. This leads to never creating his own cryptocurrency. Facebook once wanted to create their own crypto, but failed. Elon learned from that.

You're joking, I guess? :) Yes, the prize is given in CRP, which is listed on 6 exchanges (CoinTiger, LBank, HotBit, Latoken, P2PB2B, Cryptex) + 1 own Crypton no KYC decentralized exchange https://crp.is/ And on the own exchange it can be converted into USDT easily. So I see no difficulties in its withdrawal.

YES, this exchange does allow users to exchange coins. Moreover, the developers have finally released the mobile version! Users expected this update the most and now, the beta of the mobile version has already begun. You can take part in it available on android. More here: https://medium.com/@utopiap2p/beta-version-of-utopia-p2p-mobile-app-has-been-released-31ef9cc7bfbb

Someone should launch some of these Elon doge meme tokens on Candle Chain. They have grants for projects deploying on their chain.

Well, Elon did a lot lately, but I fight for not correlating any crypto with any of his words as it's always a Russian roulette. Hype is good for marketing but not good for investors, especially for the beginners. For now I continue following Utopia p2p project and their Crypton privacy coin as it really amazes me with its movement.

I even had to take some time to understand what caused the success of this coin, especially against the background of rapidly falling projects. I was pleasantly surprised that the project has more than one such reason.

Hmm, I would be interested to know your opinion on this =) I think that I can find out something interesting for myself.

Yes, of course: firstly, in order to start mining, there must be only 32 cryptons in the wallet, or you can borrow, which will then be debited from you. The PoS mechanism. And also a strong community, I think that this can be called the main reasons.

Yes, like this. But beyond that, developers do a lot more, but it's all much deeper and more time-consuming. For example, developers release a mobile version of the application, a launchpad, their own exchange, etc. This is also a very significant contribution.

Undoubtedly, I am sure that the development of the project is scheduled for a certain long period ahead. Since such things are planned in advance, in order to get the best result.

Such movement should be made by all the projects' owners if they want it to become and remain popular. In case of Utopia developers self-finance the whole project so they really have an aim to make the project better and better. If you stop on some point, you will lose your audience and the whole sense of creating any product.

Elon Musk saw the gap in the cryptocurrency market and took his place. I wish he wasn't taken so seriously. Because when he saw that he was taken seriously, he began to abuse his power. He started doing Dogecoin and Bitcoin manipulations. So, maybe he made some money but lost the respect of the people who respected him. I no longer take him seriously at all.

Unfortunately, few project owners understand this. Most of them want to get phenomenally fast results in a short time, which, as I believe, is often the reason for the failure of many projects.

I will support each of your words. He's just playing with the audience and it doesn't concern crypto only, but almost all the things he touches. In case of crypto the only thing to trust are projects and coins that continues to develop. And one-day projects won't bring you anything good enough.

One-day projects are always a huge risk for the user. Their life span is provided only by the number of interested audiences and deadlines, as long as they manage to maintain interest in the project. Therefore, I believe that you are absolutely right.

I saw that there are five types of Floki coins, circulating in the crypto market, some of the exchanges kicked out, which Floki it is, all five have pictures of dogs.

I'm not sure what Elon Musk said, he made the situation more complicated like he did at the time for doge, make as we like Elon, people already know who you really are the way you play crypto users.

Considering the circumstance of the token, I guess it must have been created by someone else who wanted to take advantage of the opportunity made by Elon musk post. The fact that Elon Musk made a post about his dog floki does not mean he had an intension of creating a token in that name.

He didn't, he simply knew that other people will hype on that and it happened. And young crypto hunters were sure that all those Floki were created by Elon and will be really promising. There should be more understanding of the market and situation around it.

The site you mentioned is inaccessible I think Elon Musk is not involved in this kind of project, there are a lot of developers tried to lure people to their project by making Elon as the frontline of so many fake projects.

This influential person has already entered the crypto world and had a negative impact on it. Therefore, I think that all his actions one way or another, although in my opinion in a negative way, affect everything.

You should understand that this affection is short-term. His words make a great impact on certain coins, but they simply become hyped ones and in a month everything disappears. So I won't rely on his words and will continue choosing projects wisely.

The ones you think are familiar I think are absolutely right if you want to invest here without seeing anything then you will be in big trouble so don't think about these things you will do what you think is best then you will be in trouble.  No, it will not be good for you if you do something with a hasty decision

If an influential person like Elon enters the crypto world it can have both positive and negative impacts. the negative impact is that the crypto market can be manipulated and the positive impact can increase the price of altcoins and provide profits for many people such as doge. but even so it is not that easy to control the crypto market because in the crypto market there are many whales.

I don't see anything positive in such affection. If doge is okay even now, most of other hyped coins almost disappeared one day after they became so much popular. I prefer projects with a natural development, it gives me more trust.

Yes, I like what you said here, I think the aspects of this project are very clear with your words, so I think you have a point and what you say about this project is correct.

I believe that one should not underestimate the ability of a big name of a famous person to influence the promotion of a particular project. This is how marketing works, unfortunately.

dont be fool or hyope on elonmusk. elonmusk is a joker omg so many meme coin created but the meme coin now is going to zero when the musk tweet hype is over and the market is falling. don be hype bro you wioo be rekt.

Do you think that many people nowadays trust Elon? Of course there will be a dozen of fools running for a new hyped coin, if this will happen again. But most of the community already know that his words worth nothing at all.

No its not like that, everytime elon makes a new post someone will capitalize on it and make some money from it. what i ask is that what could have made Elon musk to make a coin and not make official announcement. i believe he wont do that. we all need to use our help and make research so that we wont make costly mistakes.

Many people are in panic now, as the market doesn't recover for a long time and they need their investments back. So I'm sure that if another hyped coin will appear, the situation will be as usual - a crowd will run for it and lose the last money they have. That's how it usually works and will always remain the same.

I think it was like that: he wrote about his dog, the guys created a token, then he mentioned his dog again and many crypto addicted people decided he speaks about the coin and started making noise around that. Because I don't believe that there are many of those watching after his life.

I think it will take a little more time. It seems to me that at the moment, any tweet by Musk on crypto topics will still make a splash.

If I were you, I won't be so sure. It takes too little time to get rich and get your income on such actions. As usually hyped projects don't live long. I'd offer you to better pay attention to privacy coins as they're rising and improving a lot right now.

We know that Elon Musk, apart from being a popular social media influencer, is also a good businessman. And I saw in him that the strategy he made to choose meme coins was good. Just like with Dogecoin when before he posted about Dogecoin through the Twitter platform he saw that its price was very cheap so before he hyped the community on the social media platform he first bought billions of dogecoin because he knew there were many His followers will buy and crypto enthusiasts, he used his advantage of being an influencer so he succeeded in what he did.

Same with Shiba Inu, it was also cheap when he saw it, he did the same thing what he did with Dogecoin and he succeeded again. We just don't know what meme coins he will post again, which is sure that a lot of people are excited and many are waiting for that matter.

This is also the reason why following him at every move he will make is suicide or let's say high risk just to avoid a hardcore definition.
You have to be knowledgeable in the cryptocurrency field if you are looking for profits and imitating what he will do, but it will always be late.
Before the news comes out that he sold whatever coins he bought and hyped, the value of it is in the middle of depreciating. Of course, he will tell his colleagues first before he put it on social media.

By the way, you're right. These coins are gaining popularity day by day. I believe that they guarantee users a real, not an imaginary level of security and also the convenience of crypto operations. For example Crypton was already accepted by 1800+ online stores https://twitter.com/UtopiaP2P/status/1572904958118481921?s=20&t=O8OU5uWc57wYHK-svMexzQ

It's usually very short-term actions. I won't believe that now he can change the market situation totally. He can make hype - yes, but in any case there won't be so many supporters as before.

I also think that you can’t advance only on hype, especially if there is nothing to hook users with.

I'm also interested in the latest news about mass crypto wallet blocks for Russian users. What's the best decision for them now? I know it's not the first time they have to deal with sanctions, but not all of them are bad people and they also have to survive somehow..

What about Utopia P2P? I think systems like this could solve the problem, don't you think?

Of course, decentralized projects will be the only ones to deal with such a situation. Many people are afraid of projects that provide anonymity due to many reasons. But if you have nothing to hide, you can check it out. And if you're a criminal - you'll be caught one day anyway.

The price of Dogecoin suddenly increased.  After Elon Musk tweeted on his Twitter page, I can see Dogecoin price going up for a while.  But I made a fool of myself, I sold my Dogecoin a few days before Elon Musk's tweet. I had a lot of Dogecoin. After seeing the price of Dogecoin go up, I bought some more Dogecoin coins and then I sold them for a lot of profit.

> And if you're a criminal - you'll be caught one day anyway.
Indeed, it is.

In any case, I feel better thinking that there are systems in place that can protect against constant surveillance.

That's why I don't really like such artificial affection, but prefer a natural coin movement. Financial market is always hard to predict, that's why only the smartest and luckiest ones will succeed. And I don't wont anyone to affect it with just words.

The main thing is to know what is better to invest in. According to my feelings, privacy coins will break into the top soon, don't you think so?

I think that privacy coins are already on the top of the whole crypto market. And no matter they face mass delisting from the top exchanges, no kyc decentralized exchanges like Crypton exchange (https://crp.is) from Utopia P2P only gain popularity. So there's no reason for panic.

Unfortunately, some people may simply not be aware of the existence of privacy coins, and some are simply afraid to use it. Most likely, this is a temporary phenomenon. As soon as the authorities regulate the crypto market even more, many will dare to try and will not be disappointed.

By the way, have you heard of Toon Finance that is believed to become the next Meme coin to 1000X? I wonder why only meme and hype coins get so much attention? Like people got tired of something reliable and want to shake up..

Most likely, the fact is that they are easier to promote. People really think it's more accessible. Although I would not be in a hurry if I were them and studied the market properly.

The reason why people are interested in these coins is their desire to earn 35-10-100 times of their money in a short time. I haven't seen another though. Most investors think so. Instead of investing their 10k in a reliable coin and waiting for it to increase at a certain rate, they risk 2k of their 10k and buy memes or crappy coins and expect their coin to increase maybe 100x. There is nothing else in these coins. Many people lose their money because of this.

Musk can influence a large number of people, and many people are staring at Musk, and everyone can imagine a lot of his small actions. If it is an unknown person, no one will care about his words. Maybe they can only rub Musk's popularity and make one coin after another become popular.

We can explain this situation as a gamble. If it does. People don't like to wait they want to get rich right away. Shit coins will always be attractive. Elon understands the logic of this well and plays on it. Many of those who got rich quick in the last bull created their assets with shit coins. In this case, we cannot blame anyone.

Yes, that is most likely the case. I would not want to take such risks and invest in such coins. After all, it is much better to have a stable capital and not be afraid to lose all the money in one day.

I think anyone who can make money his way is either smart, or passionate, or a little of both or very lucky. Very few people admit they got lucky because of course, we like to take credit.

Wise, I'm not sure. I know he's the one with the money and not me but I don't think he made a particularly wise move in his life that I'm sure I would never have made. Smart, but lacking in wisdom. He pulled out another shitty token and made money off of it. Will issue a few more tokens and will also earn.

The crowd learns nothing and continues to allow itself to be stripped naked in the form of money. Although a lot of dissatisfaction with his activities in the crypto world, this does not prevent him from continuing to earn. He pulled out another shitty token and made money off of it. Will issue a few more tokens and will also earn. The crowd learns nothing and continues to allow itself to be stripped naked in the form of money.

So, it's better to be safe than sorry because in the end when the price of the new coin will reach its ATH, they will change their minds to manipulate the market then the ones who will lose money are the people who invest late. However, if you are a risk taker, you can go with the flow and escape whenever you think a storm is coming.

This sounds very profound. In a way, you are undoubtedly right.
I think that we all would like to be in the place of the lucky ones who managed to earn a good profit.

A few days ago, Elon Musk said that the price of BTC could rise by the end of this winter.  Everyone is told to be patient and wait for the market to correct hopefully better to wait without anyone getting disappointed.  Doyle's Mahfuz Abitkhani Bhanwa Ken Sei Toke will hopefully respond to a large expansion in the market.

Even without anyone else's words it's clearly understandable that now it's been a long time while we have to wait for another rise and all the predictions are just predictions. I continue believing in privacy coins future as there is too much hype around them for quite a long time already.

We all know Elon Musk has nothing to do with this latest cryptocurrency, but for the most part, he hasn't done much to dispel these stories. Blockchain will change many things how we see value. Although I don't know if it's a noble idea or not, I do know one thing. Always make an analysis in any investment.

Without analysis, you should never get involved in anything. This applies to all areas. Naturally, if you do not do an analysis of investments, then with a higher probability anyone can lose money, although there are people who are just lucky.

Analysis is indeed an important thing to make us be able to get profit, but often do the analysis, it will delay a lot of time, sometimes we must dare to take a stand by immediately investing, if there is a loss of course this is normal and do not give up when losing money.

What??? Do you really speak about time delay in this field? Then I'm quite interested how much have you earned on crypto and how much money was lost :) It's not a football bet, where you have to decide quickly sometimes.

I couldn't agree more. It's important to do your due diligence and research before making any investment decisions. Analysis helps you understand the risks and potential rewards, and can help you make more informed choices. That being said, it's also important to remember that no investment is ever a sure thing, and even the best analysis can't predict the future. But, by doing your analysis you can minimize the risk of losing your money.

Not many people really understand how to make this analysis.. They see some opinion, a little or huge rise and run for investments, while they have to behave vice versa. Anyway, it's not my business who and how loses money. I got used to a long wait :)

It is better to invest in reliable cryptocurrencies that have earned trust, as the many scams in this market have further puzzled potential investors and made them wary.

iam agree ithink elon musk buy on the dip shib and floki. when he see the btc is up . theu used his brain and tweet include of his token holdings. when it they pump they sell shib and floki . thats my opinion only

ahah you are right that mate nowadays it's very hard to put our trust in new project or new tokens as was all know there ads many scam out there waiting us to eat their bait. So like what you said it's better to invest to older crypto who gain more trust in a long year because we all know how safe they are like bitcoin, binance, ethereum these 3 coins are recommended so it's better to choice them than new project.

Yes, I think so too. We have seen many people decide to invest now to become rich but they may not know that most of the time investing has the possibility of losing money. But if there is a good idea about investing then no  There will be no problem. And if he invests without any idea, he will have a chance to lose money.I think if we can invest in following elon musk's twitter page maybe we can make some money. Because I bought many coins before and made a lot of profit. Now most of the time I don't make much profit. But hope market is good.  Again, I will get a lot of profit from my investment.

In order to invest in these 3 coins you need to be rich enough :) Moreover, better earnings can come only from the coins that are quite low now. But what's the golden rule how to choose a less known coin, but which will surely grow fast one day? :)

I agree, you can choose a lesser known alternative coin with good growth points and wait until it starts to grow in price.

Elon Musk was followed by everyone as a reputable cryptocurrency investor and holder in 2020-2021, but nowadays cryptocurrency fans don't follow Elon Musk that much. In 2021, investors and holders flocked to his announcement and one of his tweets changed the cryptocurrency market. But the interesting thing is that if Elon Musk had not bought the Twitter platform, his wealth would not have decreased, but Elon would have remained unchanged as the most popular and richest person in the world today.
Now coming to the main point, after Elon Musk bought Dogecoin, everyone assumed that he might launch a new coin market but that did not happen.  However, Elon may bring a new project for the Twitter platform in the future, such as altcoin, a cryptocurrency.

And what if I'll choose 10 such different coins and none of them will ever grow? :D Some of the predictions really work, but it seems that it's just a random, not a real strategy or knowledge.

The most popular and quite profitable scheme for obtaining cryptocurrency is mining on video cards. You can try this way :)

It seems to me that such case is very expensive. Moreover, it's very hard to find and buy the video card for a regular price. All of them are very expensive and usually they're also already being in use.

Investing in cryptomarket has both good and bad side. If you can't invest in the right project then you will face many problems later. And if you can invest in a right project then it will be very profitable for you. Especially I have seen this  In few days many people have faced huge losses by investing in several projects. Because they could not invest in the right project. We will check the right project before investing and then get investment.

There are cryptocurrencies that are easy enough to mine. For example, CRP mining does not require crypto farms or other types of specialized equipment. All you need is the internet and a modern computer that meets minimal mining requirements.

Thank you for sharing your thoughts on investing in the cryptomarket. I agree that there are both positive and negative aspects to investing in cryptocurrency, and it's important to carefully consider the risks and benefits before making any investment decisions.

One of the biggest challenges with investing in cryptocurrency is the sheer number of projects and coins available. It can be difficult to determine which projects are legitimate and have a strong potential for growth, and which ones are more likely to fail or even be fraudulent.

i cannot say that not true,However, it is worth noting that the influence of prominent figures such as Elon Musk on the cryptocurrency market is well-documented, and their statements and actions can have a significant impact on prices.

Actually, there's no so bad as putting small money into the purchase of a meme project. Memes like SHIB, DOGE, BABYDOGE, and even this same FLOKI have turned many into millionaires. One just has to go plan his exit strategy well as they're projects with no use cases, just community-driven coins.

Meme coins at very cheap prices do look very tempting to attract the coffers of money.  But of course this is a risky investment.  You can be a millionaire because the price goes to the moon but meme coins can also be manipulated by whales.  Too ambitious for me is not good but I will still invest my money in some famous meme coins like Shiba and doge. ;D

Unfortunately, this is a risk. Until cryptocurrencies are recognized in all countries and become legal, it is difficult to protect yourself from scammers. And the fact that there are many new projects and cryptocurrencies is even good. Other cryptocurrencies seem to be getting better or solving other problems.

I'd also offer you to try not a meme, but still growing privacy coin Crypton. Here's the review campaign https://bitcointalk.org/index.php?topic=5425016.0 you can check other peoples' opinion on it, or even earn some money yourself.

As the cryptocurrency industry continues to grow and develop, you can expect the popularity of meme coins to rise. Some people call investing in meme coins crazy, others consider it an investment with the potential to generate returns. Whoever is right, interest in meme coins has skyrocketed. But the only scary thing is that meme tokens have gained popularity due to their disproportionate association with influencers, especially Elon Musk.

For sure meme coins will always attract users. The thing is that I guess about 90% then appear to be a scam. Or simply don't get the needed support and investments and simply die. It should be produced by a really expert team with a good amount of investments. In other case it has no chance to survive.

These cryptocurrencies are very volatile, their value can fluctuate greatly. Many memcoins are created as a joke. Given that they were created as a joke, it is likely that Memcoins will attract scammers who will commit scams. I don’t understand why else they are created, so they often come and go along with the popularity of their meme.

What I'm asking is what led Elon Musk to create a coin and not make an official announcement. i believe he will not do that. we all need to use our help and do some research so that we don't make costly mistakes.

I don't think that you're right. There are some meme coins that gained certain popularity and continues rising and improving. It works the same way like with all the other crypto. If the devs are serious about the project - they will do everything in order to make it grow and gain popularity.

I think you are misunderstanding here, Elon Musk is not behind any coin at all, that is my speculation and in fact I have never seen Elon involved in any particular crypto. The point is that he is a huge influence, his every word, every gesture, every action he takes is noticed by everyone. And especially crypto market participants, and dev teams are waiting for the brand name to sound out to him.
Ex: he twirled ''Doge'', you can imagine what happened after that.

Yes, You are correct that Elon Musk's influence and public statements can have a significant impact on the cryptocurrency market, as seen with the recent surge in interest and value of Dogecoin following his tweets about it. It is important for investors to be cautious and not base their decisions solely on the opinions or actions of any one individual, as the cryptocurrency market can be highly volatile and subject to rapid fluctuations.

At the moment, meme coins have more minus than plus. Meme coins are a relatively new phenomenon and do not have a long track record of performance. It can be difficult to assess their potential for long-term growth and stability. They are often created without a clear use case or long-term roadmap, and their prices can be highly volatile and difficult to predict.

That's why investing in meme coins works on the early stage only and you have to withdraw very soon also, at the moment it gains the population. Don't wait for it to rise forever. It blasts quickly and then nothing happens. That's why I don't participate in it.

They have no potential and are doomed to low interest. Meme tokens can only be interesting for a certain event in the long run, this is most often a losing option. As an investment, they are not suitable, they are more like a lottery.The developers of such projects are only interested in personal profit.

I will never trust meme coins again, even if the meme coins are promoted by Elon Musk or other big influencers, because in my opinion meme coins don't have good quality, and the foundation is weak, that's why so many meme coins end up collapsing

someone who has a lot of assets and is known as a rich person, whatever he talks about will be very influential, both in cyberspace and in the real world.
elon musk for example, he has been named the number 1 richest person before the current Bernard Arnault. So whatever he talks about regarding digital currency must have an effect on the market. people will believe what he says. I think everything Elon Musk talks about always has an effect on the market, and that's part of the hype that elon musk is doing

I never knew that Elon Musk Had to create a new token this time only. And you don't mention what coin it is if it's true unless it's just a rumor you heard from others. And we all know that if this is true, surely the value of the coin that Elon Musk mentioned will definitely increase in price in the market, because we know that Elon Musk has the ability to influence the public to buy the coin he is promoting in cryptocurrency.

Don't get the wrong impression about memecoins because I've benefited quite a lot from these projects. Elon Musk is a whale behind the massive pump and sudden dump of most the memecoins. When he was the CEO of Dogecoin, he bagged large pieces of the coin and that alone enchance in the pump of Dogecoin, he later abandoned it and today it's easily referred to as stablecoin. Memecoins doesn't have a long span in the bull market, they're just there to aides the experience traders in making good profits from the market.

It seems that it is not uncommon for high-profile individuals to influence market sentiment through their social media posts, as seen in the case of Elon Musk's previous comments about Dogecoin and Bitcoin. However, the launch of a new cryptocurrency based on personal nicknames for pets raises questions about the sustainability and legitimacy of such projects.

While the initial hype and usually price spike can also be attributed to Elon Musk's influence, the long term success of the Floki token and its environmental friendliness remains to be seen. As you mentioned, there are already green projects on the market, and it is important to consider the environmental impact of any cryptocurrency project before investing.

But the excitement and hype surrounding such a project should be viewed with caution, as seen in Chia's case, where the initial excitement eventually led to a drop in market value.

what we need to understand is that elon musk's financial strength is beyond, in my opinion whatever he will say then someone will see the money ability that elon musk has. speaking of crypto, it seems that whatever elon musk's recommendations for digital currency, almost everyone believes what he will say. as well as the popularity of shiba inu some time ago, this cannot be separated from what elon musk said and the financial strength he has

I agree with you. In the long run, the meme-coins isn't even worth considering. Just one statement by Elon Musk can bring down or raise the rates of meme-coins and not only them.

Well only meme coin for me to consider for a long term hodl is original meme coin Doge. We saw yesterday something that is so big for this meme coin now it is the face of Twitter.
We have to guess Elon Musk has something planned for his social media app. He did not just do this for a quick laugh. He is thinking how he can make more money and he is giving us hints by doing this.

While it's wise to be cautious with meme coins, it's important not to paint all cryptocurrencies with the same brush. Do your own research, and look for projects with a strong team, clear vision, and a solid track record of success. By doing so, you may find opportunities to invest in cryptocurrencies that have the potential to generate real value in the long term.

Did everyone see the surge in Dogecoin? Again, thanks to Elon that have made the Twitter logo into the face of a dog. Again, he's on it and everyone who's excited about Dogecoin and Elon made profits again I guess.
(https://www.reuters.com/technology/dogecoin-jumps-musks-twitter-flips-logo-shiba-inu-dog-2023-04-04/)

Yes, Elon Musk, if he’s already tired of his dogs, he turned it all into clowning, because in fact the coin itself does not have growth, and he artificially raises the price.I do not believe in this crypt and I will not get into it Elon Musk is a deceiver

Other than DOGE maybe you can also add SHIB on the side, if you are into meme coins as SHIB was also widely accepted and I heard that there are creating some projects under it. I am not only updated if some of those are already deployed now and some could still be in the development phase. Back in DOGE, yes I saw it earlier this morning that it is now showing when I load the Twitter website but the little blue bird is still there, showing on some pages.

I guess it's too early too celebrate yet? And maybe other users are right that it was only put there to celebrate the April Fools Day. Maybe Elon can make money by hyping DOGE coin again, better than making money in Twitter. Well that seems like a good business for him at least?

I agree that it is wise to be careful with meme coins as they are often highly speculative and can carry significant risks for investors. Additionally, meme coins are often not backed by any tangible assets or have any real-world use cases, which can make their long-term value uncertain.

While it's true that Elon Musk's tweets and actions have had an impact on the price of Dogecoin, it's important to also consider the underlying technology and potential use cases of the cryptocurrency. Cryptocurrencies like Dogecoin have the potential to revolutionize the way we conduct financial transactions and provide a more decentralized and secure system.

but if elon musk makes memecoin of course 10% i will also buy, don't you know about how Doge has a very high pump?
yes, it's because Elon Musk, who supports Doge, has become what he is today, so don't waste it if it comes again.

It's just a memecoin it has no real use. The only thing for which it could be used was to withdraw small amounts from exchanges. DOGE has always had a small withdrawal commission

People will take advantage of the situation a lot more now because of Elon Musk's significant impact on the cryptocurrency market with his comments. Many of Elon Musk's admirers have always seen that he has created a mess of the cryptocurrency world. Despite the fact that the price increase mentioned in the tweet is just temporary, if we can seize the opportunity to join Elon Musk's enthusiasm,

And as it's not the only coin with low fees, why should we use it while it has no real use as you've already mentioned? I know several privacy coins with low commissions, Bitcoin from time to time also has a small withdrawal fee. But people still run after meme coins which will disappear same fast as they entered the market one day.

I have given up on Elon Musk, I think Elon Musk is promoting meme coins only for personal gain, or even just for fun and there is no interest in these meme coins at all, especially with new meme coins like Floki

It's obvious from the start. There are too many coins to choose from but Elon choose to shill a meme coin which most of us guess he accumulated bags of it before even promoting it. We can even see how effective he is in the market this is why people want to ride his hype and to create their own profit from it. Elon Musk hype is not the same as it was before and I hope that it will continue that he gradually lose the influence of shilling coins like DOGE. I remember that Floki meme coin, There are different versions of that and I think also received a variant of that from an airdrop from a different blockchain. That's how strong Elon's influence before. I hope people learned their lesson last bull market.

Before everyone followed Elon Musk twitter and as soon as he wrote something, the market immediately reacted with growth or fall. in 2020-2021 he made a lot of cryptocurrency-related tweets. Then market participants vigorously discussed all his tweets. And his tweets really influenced the rise or fall. The reason is that the market is too young and too small. 90% of market participants are ordinary people who have nothing to do with investments and their minds are easy to manipulate.

I understand your frustration and concerns about Elon Musk's involvement with meme coins such as Floki. While it's difficult to know for sure what his intentions are, it's important to remember that cryptocurrency, in general, is still a relatively new and volatile market. It's not uncommon for influential figures like Elon Musk to have an impact on the market through their actions and comments. And it's also important to note that investing in cryptocurrency, particularly in meme coins, carries a high level of risk. These coins are often highly speculative and can experience extreme volatility.

Now Musk's actions on Twitter could play havoc with the DOGE. The growth of the DOGE coin was based solely on Ilon Musk. Now the market no longer reacts that way to his news. In the future perhaps all DOGE holders will suffer a lot because of this because the meme coin will be useless and its price will go down.

What do you expect my friend, that the famous crypto whale Elon Musk will promote something for everybody's gain? That just impossible to happen and quite too muck to ask.
And surely you already had some doubts even before about this motive and why he is doing all this while being mysterious in the same place, but you still chose to ride with the hype with the hopes that Elon Musk got a good plan for the sake of mankind.

It's true that Elon Musk's tweets and public statements have had a significant impact on the price of Dogecoin in the past. However, it's important to remember that the cryptocurrency market is highly volatile and influenced by a variety of factors beyond any single individual's influence.

It's strange that there's no news in this thread either about the CULT token that Elon Musk has zamapmited with his tweet. The token doubled in value and expectedly returned to its previous price.

I also followed elon Musk, all his undertakings and promotions of crypto-currencies, especially the dogs that he promoted and indeed the price grew very quickly, but all this PR does not lead to anything good for an ordinary member of the crypto community, people lose their earned money, and Elon Musk on it makes good money

I completely changed my attitude towards Musk after he started exerting his influence on the cryptocurrency market. Traders from all over the world were losing $200-300 million a day because of one tweet from Musk. This is not dignified behavior for a man of his caliber.

Exactly the man of his caliber and of his nature will do that. He brought many new things to this wold and he believes that he's kind of god on the earth. He likes to make fun of everything. If you'd have the same opportunities, won't you do the same? :)

Well, here he is again, he has pump the nft collection +14000% with just one tweet.

I don’t agree with you, because Elon Musk doesn’t do anything by accident, this person does everything intentionally and he can’t accidentally create coins, everything is thought out in advance and he uses his earned money not by chance, but purposefully, which means that soon this coin will go up as he accidentally starts promoting his new altcoin

Well, it's worth noting that cryptocurrency markets are influenced by a multitude of factors, including technological advancements, market sentiment, regulatory developments, and broader economic conditions. While Elon Musk's involvement can create short-term fluctuations, the long-term trajectory of a coin's value is influenced by a variety of market forces and not solely reliant on the actions of one individual.

While I agree with your view, I generally disagree. Because a person who has billions of dollars of wealth and is closely followed by people is elon musk. For this reason, everything done by Elon Musk, whether in the long term or in the short term, is not a coincidence and while the return is high by one part, it can cause serious damage to the other. For this reason, as Elon Musk said in his friend by manipulating the market very well, in my opinion, nothing is a coincidence.

This is true, the influence of information stuffing from Elon Musk is always a shock for the crypto market. Following the launch year of the WTF token, it trades only on weak platforms. Therefore, I am always strained by the statements of this billionaire.

I think it would be wrong if we generalize that it is traded only on weak platforms. Because after the support thrown to the doge by Elon Musk, many crypto and meme cryptocurrencies have emerged, including shiba. Huge listings and massive monetization activities continued on these cryptocurrencies, including binance. Currently, this fomo is still going on.

These projects greatly damaged the image of cryptocurrencies and took away most of the liquidity that could go into technology projects. People who bought Shiba will see cryptocurrency just as a game, not as high tech

In fact, for this we should also look and re-evaluate many of the ongoing issues, from the hype, between the developers and the community of supporters. They have a connection and a lot of things are driven with greed from the people themselves, I don't want to blame any side when everything is still working and going the way it is, and the current state of affairs. The current situation of the market is also not really good when there are not many projects and clear ideas for a specific roadmap. The problem is that this has a negative effect on how people who don't know and are new to the market will have a negative view, but over time things change and I know a lot of people will come back to the market true to the core nature of the crypto market.

Currently Floki is ranked #106 on the CMC site. It wasn't bad but it wasn't great either. Yes I agree with many who have said that people who are familiar with cryptocurrencies as SHIBA will see cryptocurrencies as just a game and price driven by influencers.

I don't know what Elon Musk was really thinking when he first tweeted that he was interested in DOGE. I mean what goes through the minds of people who already have billions of dollars in their pockets? I can't say this will be good or bad but I doubt if Elon Musk is promoting DOGE to make a bunch of money from it ??? ;D

..., but is just a manipulation. And as soon as most of us already get used to  that, it will stop working soon. Everyone will simply ignore his jokes and that's it. As it's not serious at all.

Well, I see we have a critic of the Doge Emperor, Elon Musk, among us. Floki's position at #106 on the CMC site is indeed a statement of its own - not horrendous, but definitely not the cream of the crop. SHIBA, DOGE, and now Floki - one can't help but question whether we're genuinely investing in cryptocurrency or just dancing to the tunes of influencers.

As for Mr. Musk and his apparent fascination with DOGE, it is indeed a conundrum. With his billions, he surely doesn't need to pump-and-dump DOGE for a quick buck. Perhaps it's just a billionaire’s version of fun, a bit like the rest of us playing Monopoly but with actual currency. However, we, the less fortunate, must invest wisely rather than follow tweets blindly.

The birth of a lot of meme coins, and became even more crazy when Elon became one of the people who was highlighted as one of the richest people choosing a doge coin depicted dogs, it did make Crypto Currency like a joke that could be played arbitrarily, maybe I thought that It was Elon's joke from his boredom because of a lot of money in his pocket, and or it was true that he made a scheme to add money to many times the coins that did not have prices.

It should also be noted that the fact is that many people are interested in coins like that, even though they have a very high risk, but they are more brave to try their luck on shitcoin.lol

The sooner we learned that top whales controls the market, the more clearer every projects seems profitable. Elon Musk is one of the top whales in the market, we ought to be careful not to fall into his traps, he uses our liquidity to generate more profits for himself, he makes daily tweets concerning altcoins and its either positive or negative about them. Doge was overhyped in thr market, look at the present price today, it's not even upto $1 yet some people still believe it will pump. I do follow the daily trends of Elon Musk but I don't always do every little tweets he posted, I do my research before investing.

It is very dangerous to trust your financial freedom to those coins that some whale will pump. You never know at what point he got rid of them. You should also be careful when you buy coins on the recommendation of some blogger. He might give a good assessment of a token so that all his subscribers buy it, and he'll start dumping them at that point and you won't even know about it.

I understand that Elon Musk's comments regarding cryptocurrencies, particularly Bitcoin and Dogecoin, have had a significant impact on the market. It's true that his tweets and public statements have led to both positive and negative price movements for various cryptocurrencies.
While some people may view Elon Musk's involvement in the cryptocurrency world as disruptive, others see it as an opportunity to capitalize on market fluctuations. It's important to note that the cryptocurrency market is highly volatile and can be influenced by numerous factors beyond a single individual's comments.

Bloggers are simply paid for advertising. There are too few bloggers that promote only those coins they trust on their own. So that's obviously a losing case. Don't trust anyone except yourself and your own research.

How much discussion is devoted to Musk. I wonder if in the next bull cycle there will be a person who will be able to have more influence on cryptocurrency than he did and also actively manipulate the market with his statements.

I will repeat once again that such a strategy is not working anymore. From the other side, who told there are no more fools on thins planet.. Anyway, I decided to participate in one of the biggest airdrops I've ever seen. Here's the link if interested: https://twitter.com/UtopiaP2P/status/1669624485387939843

I don't think it will be a person, but the actions of companies like Black Rock and Fidelity. These are global giants whose actions can have an impact that is incommensurable with that of Ilon Musk. So we expect that soon Elon Musk will have much less influence on the market.

Big corporation always manipulated the market, but you've never seen it as well as now. And Elon is just a clown that is laughing on hundreds of thousands of fools believing each silly word. That's disgusting.

What's wrong with big corporations impacting the market economy as you can see, we're in a financial environment it's normal for prices to be affected by news. But the influential party shows their strength to gain benefits, the problem is that we the participants like fairness on the common playing field, if we can't afford it, the judgment is just salt dropped into the sea, sometimes just a tool for their manipulation.

As for Elon Musk's story with the crypto market, I also see the antics he brings, but my thoughts here are that others intentionally exaggerate his behavior and always assume that the what he emits is an opportunity, whether or not it is a matter of the followers, and the crypto market is not just a volatile ElonMusk, the rapid change of news makes us easy it's easy to forget what happened.

Now Elon Musk has not created a new token now he has created a lot of news around him. Many people are angry about his decision to limit the views of tweets. I don't understand why people are upset? Is a lot of people's lives so boring that they watch more than 1,000 tweets every day?

the founder of Tesla and the owner of a tweeter, he cannot create anything by chance, since everything he does is thought out to the smallest detail, since Elon Musk does everything not by chance and I don’t believe him at all, since he does everything for his own profit, dogs are also promoting everywhere

The right words are that everything is made "for his own profit". And that's absolutely right. As no person in the world has to help others getting rich. If you want a lot of money - go and work and become a new Elon Musk :) The easiest step is complaining about everything.

Hey man, we came to the world of cryptocurrencies only to buy a few coins and get rich lying on the couch. Elon Musk is a great guy but there are no more than ten thousand people like him in the world. 95% of people work all their lives and earn nothing. So unless you are a genius by birth it is better to just enjoy life.

I'm just wondering how soon you'll lose everything with a credo like "get rich lying on the couch". If you're just an average man, without rich parents or good job, you'll end bad very soon. It's not too late to change your mind.

I haven't lost anything. I will tell you that in the next "bull" market, I can make a lot of money! Sure, I won't become rich like Elon Musk, but I won't have to work as hard as she did! When I get rich lying on the couch, I'll be sure to write you about it.

Everyone believe like that, haha. But for some reason it doesn't work perfectly. Too many people lose more than earn as it's hard to predict the market movement. Personally I don't believe in any "expert's" 100% predictions.

You don't need any expert predictions. It is enough to buy such coins as KSM DOT ASTR ASTR ASTR APTOS ARB OPT and have patience to wait for them to give several thousand percent growth.

Predicting is difficult, but it is not impossible to predict future market prices. it is only related to its accuracy or not. predictions won't give 100% accuracy, but it will give a clear picture for the future market. Instead of just assuming predictions, you should make your own predictions. It's not good to trust other people's predictions, but see how your predictions are so far, whether they provide many benefits or vice versa.

Maybe you're right, but for me it still looks almost the same as going to a fortune teller :) She can guess something and there will be true things also, but on the whole, it will be very generalized. So you're right, the best decision is to believe in yourself only.

He's not thinking about creating a new cryptocurrency right now! He's currently thinking about creating a new corporation called X. And I think that in his corporation the main means of payment will be cryptocurrencies! The question is will it be his favorite Doge or something new?

X token, for once, is up over 1400% in the past 24 hours, skyrocketing following the news broke out. But is that somehow connected to Musk? I think no, it's just a coincidence. But again it's another case when Musk manipulated the market.

Talking about Floki, atleast they made utilities, Spnsorships, donations etc.

It is just timing and coincidence!

However, it's just a meme that does nothing useful except inflate a soap bubble that will eventually burst and then inflate a few more times to burst again

I won't be so sure. Floki and Shiba coins got so much attention that they can easily grow even without any big investments of its creators. They don't even need to spend money on marketing. So that's the ideal way. And many people still believe it's promising.

They're going to have to spend money on marketing anyway. They'll need to spend money on a market maker, and they'll need to spend money to run the pamp and maintain it so everyone keeps buying and driving up the price.

Elon will mention them once again and that's it. No need for big investments. Just check the twitter how many people there support these coins. No matter it's been a long time I hadn't heard any news about them. It continues to live in people's minds.

Well, if you believe that one mention of Musk's op Musk can generate x5-x10 returns, and it doesn't require the work of a market maker, then all you have to do is wait for Elon to say something about a token you have in your portfolio.

Exactly. If he will mention your project, you won't need any additional marketing campaign. But the chance is quite low, so you still have to make a great work for growing a coin. Nothing is given easily.

Those same people have no idea about crypto.  Floki is unnecessary and eventually memes will all just kind of fade away, there is no serious project behind it.  Just like with jokes after awhile it gets old and people move on.  I'd steer clear of anything that was created like this.  They are just greedy pump toys for a few which will reck a ton of people.

Do you think in the next bull cycle we'll see another big dump floki and shiba?

I agree with you, but for some reason most of mommies "investors" are ready to spend all they have for something that is on hype. Not thinking that it will disappear as soon as it entered the market. That's much easier than thinking of your own strategy and research. And you can tell everyone that you have a PORTFOLIO, haha.

They're just shitcoins, but I also appreciate Elon Musk for bringing some excitement to the cryptocurrency market. However, I still wish he would create his own product, one with practical real-world applications, instead of these jokes like Dogecoin and Floki...

And what do you say about the fact that Musk with one tweet could affect the movement of bitcoin and because of this thousands of people lost millions of dollars in liquidation. Personally, I don't think that's a good tone. A man of his stature should realize that!

He fully realizes that and that's exactly why he continues his manipulations. And that's also why he doesn't run his own coin as it's more funny to manipulate something that's not linked to you anyhow.

Well now we know this is not true. But Elon Musk now said he will accept Bitcoins for Tesla payments. This is since mix of energy sources leveraged by Bitcoin miners has reached sustainables of 50%.

https://www.thestreet.com/cryptocurrency/markets/elon-musk-said-tesla-to-resume-bitcoin-payments-after-crossing-this-threshold

At first I thought it was old news because a long time ago Elon Musk actually said that he would accept BTC and DOGE as payment for Tesla. But after I visited your link it turned out that Elon Musk had resumed accepting BTC for Tesla payments.
I don't know what Elon Musk is thinking because honestly this man is really unpredictable  ;D

A man with hundreds of billions of dollars cannot be predictable. His thinking is beyond the reach of any of us. Therefore, all his tweets may have many hidden meanings that we do not even realize.

I think I've already heard this news several times and it never happened.. What's wrong with this man. He's so close to the crypto and never accepts it, while nowadays you can buy literally anything with crypto.

Well I think this time he is telling truths. The man is 'bipolar' so we can expect him to have many change like this. But this article makes me think he will be serious about it this time.

Is it accurate if floki is a coin from elon?
I think Floki is just taking temporary advantage or you could say it's just hype, the human brain continues to run in search of as much profit as possible, we are the only ones who can research whether this makes sense or is it just momentary fomo, especially the current market conditions,

Well Elon Musk did say he will name his Shiba Inu Floki. But I think we all know that his favorite coin is Doge.

https://www.benzinga.com/markets/cryptocurrency/23/09/34792212/now-that-summer-is-almost-over-this-coin-named-after-elon-musks-dog-tops-meme-coin-gains-c

Now he has decided to go even further and has stated that he is going to make Twitter pay-per-view for everyone. I hope this is just another one of his idiotic statements designed to get attention. I wouldn't want to pay to just use a social networking site. We already bring him advertising revenue, it would be weird if he decided that everyone was going to pay and use Twitter.

In this case most of the users will go to Threads. As I know it's free to use and has the same idea as twitter. But I don't move there now as I don't like it's connected to Instagram. Like you couldn't delete your threads account without deleting your Instagram. Very strange decision..

So far, things have been quiet. Perhaps it was just a big announcement to draw attention to Twitter. Elon Musk has been acting like an epic man lately.

Lately??? It seems like it's his natural behavior. And telling the truth, I've got pretty tired of him. I can't believe there are no other public person, who can stop all that shit start making good huge moves to make Elon shut up.

Arkham analytics company Arkham is looking for Ilon Musk's BTC wallets.

That's what the news is now!

But in Musk's case it would be much more interesting to know how much DOGE he has than to know how much BTC he has

Many companies are late to adoption due to their vital connection to the global financial system, which is largely fighting the spread of Bitcoin culture that will eliminate all its influence. It is not easy at all to get rid of a global system in which everyone works and replace it with a system used by a few. I think this is one of the most important reasons that encourages enthusiasts like Elon Musk and others to abandon Bitcoin in favor of other assets because he cannot use it in the market practically.

It is very important to realize that despite the delay in widespread adoption for the reasons we have explained, the degree of adoption that Bitcoin has currently reached is considered very important and very high compared to the time it took. Bitcoin is literally ageless because 10 or 12 years cannot make any currency used on a global scale as Bitcoin is today. Almost no other currency in history has enjoyed such success in such a short time as Bitcoin. This can be considered an amazing achievement. The journey is still long, and the day will certainly come when the use of Bitcoin becomes widespread, since it can no longer be bypassed or ignored.

Fully agree. I'm sure that many big businessman has lots of BTC stored on their wallets. It's much more interesting to know their other coins they hold. But in this case any coin that will be mentioned will have another hype stage. So anything can be said just to pump some certain coin.

I agree with everything you wrote! Many people still haven't embraced bitcoin because they are very much tied to traditional financial institutions. This can be seen in all areas. For example - gambling! Many companies still do not accept cryptocurrency. Other companies on the contrary are much more successful because they accept cryptocurrency and the number of their customers is much higher.

The companies that benefit from Bitcoin are mostly online companies that provide services to users regardless of their location or the countries they belong to. This is the real benefit from the benefits of Bitcoin, since it not only provides an exchange currency, but also a payment system that can be easily integrated.
Of course, the financial institutions that control the global financial economy do not want this culture to spread.

In my last comment, I briefly explained that the spread of “banking culture” is what explains the inability of users to use central platforms for long-term storage, and what also explains the significant delay in the spread of adoption: https://bitcointalk.org/index.php?topic=5470105.msg62992744#msg62992744

Bitcoin is not the only crypto payment option. But I already got used to it and pay for many things with crypto lately. And for example Crypton from Utopia P2P is accepted by more than 1800 merchants already: https://x.com/UtopiaP2P/status/1572904958118481921?s=20 It clearly shows how crypto is integrated in our everyday lives.

Do you believe that both Dogecoin and Shiba can still increase in price in the upcoming uptrend season? I still have faith that they will appreciate in value, even though they are essentially market manipulations created by market makers. Short-term profits are still possible, but these should be considered speculative investments. Be cautious of extremely high prices and market capitalizations before deciding to take profits

My Twitter account was suspended a while ago, so I cannot open the link in your quote.
I am surprised that this little-known currency is so widespread. This leads me to wonder who the merchants are who use them and in which countries they live. Other currencies that are famous and have a place in the crypto market do not have this number of merchant users.

Bitcoin is the most famous currency, but it is not very suitable for all transactions, especially commercial ones, since its price movement is very unstable and it is difficult to use it to determine the value of a commodity for a long time.

Elon Musk is a savvy businessman who knows how to back up his words with action. When he talked about Doge on Twitter, we saw how it influenced its price. However, with Floki, it's a different story. Anyone can create and launch a token, so it might just be a smart developer taking advantage of the opportunity.

Most importantly, after the last post, it was revealed that he still keeps bitcoins on Tesla's balance sheet. So he's not going to cause a bitcoin collapse.

Too bad we depend on him. Can you imagine, as soon as it is known that he sold bitcoins, the price will go down sharply. That's sad! We need more influential people in the market so that the market doesn't depend on one person.

Musk or any other business people who put their money on the market, then it's a huge hype for that coin. Because people believe that when they invest in that, it will make that coin more valuable in the future by being used in their own business or something. So it's a secure way to follow those people. But I don't know if it's always a good strategy here as well, because in the stock market, there's some reason for collaboration with another company or something. But here it's completely different; they are just hyping this, and we can't really get their intention behind that. And we witnessed that this temporary hype only benefits at that time and not for too long.

What makes you think that Elon Musk is the kind of man who backs up his words with action? Just remember what he did with the twitter take over deal. First he offered a price and when they agreed to that price he gave a lame excuse and a condition to finalize the deal. I agree with your statement that Elon is a savvy businessman, and his move with doge was a bold one. He saw it's super cheap and doesn't have any real use cases, so let's buy the dip and use influence and fame to hype the project then cash in after a big pump. What Elons says is a lie. He doesn't care about doge coin it's all about making money. Doge coin was the perfect bait for him to stock up the portfolio slowly so that no one can notice then express yourself as a huge fan of the project.