Everything is relative in the crypto market. Just because something is like that today it doesn't mean it will be forever. BTC is the first coin and everything else is just a copycat based on its technology. Choose wisely.
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The manipulation continues. This Saturday Mr. Musk will try to pump Dogecoin at SNL. We will probably see Dogecoin at $1 and after that the largest bubble burst in history.
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I just paid $36 to transfer $220 worth of Bitcoin, what a f**ken joke. I hope it does become irrelevant
I don't mind paying $100 to transfer $50K. BTC it's a store of value like gold. For small transactions use Paypal
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Yes it is no longer relevant. Go buy Dogecoin and make Elon Musk and all the Dogecoin pumpers happy.
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What Elon Musk is doing with Dogecoin sounds more like market manipulation to me. In the end the Dogecoin bubble may burst and I'm sure not too many will be happy about it. Dogecoin can't grow without pump support.
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If I had at least a million-dollar worth BTC amount, I would definitely secure my future by converting it to fiat. Or maybe I would continue to HODL for a little more time depending on the movements of the price. Never make the mistake to convert all your BTC to FIAT. I recommend converting maximum 20% and keeping the rest because FIAT is doomed to inflation, only cash out how much you need: need to buy a house? Cash out, need to buy a car? Cash out. Recover your BTC from price fluctuation, try to buy it back.
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Less and less BTC as its value will continue to grow. If you own at least 5 BTC I think your financial future will be secured and you will see the fruits of your labor in maximum 1-2 years. However, in long term I think even 1-2 BTC can secure your financial future.
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Posted 3 hours ago:
"The Dogefather SNL May 8"
Really? When we were first using Dogecoin in 2013 this guy had no idea about it and now he calls himself the Dogefather just because he is rich and bought tons? It's all market manipulation folks, wake up! The only Dogefather is Jackson Palmer the guy who created the coin.
With his "smart" tweets he controls the price and newbies are falling into this trap! I don't know about you but I'm very disappointed. He's probably using Dogecoin to increase his BTC capital.
Remember, 98 addresses control > 67% of all Dogecoins. Dogecoin has become what it is, a joke coin.
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Of course you are free to do it but always remember that Bitcoin is long term, so don't come here later and cry when BTC will reach new heights.
I'd never sell all BTC that would be an insane move. I'd probably sell 20% at a certain time but still have no idea when this will happen.
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Your post is non-sense. What does BTC have in common with the shitcoins when all shitcoins are just BTC copycats? Stop spreading FUD, BTC is very valuable and its price is awesome. HODL!
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If you've been for a long time in this BTC business you already know this BTC price drop means nothing, nada.
I've experienced dozens of such drops and haven't sold a satoshi since 2013. Don't let the whales get your valuable BTC.
In other words, HODL, because every time after the rain comes the sunshine. You will be rewarded in the end my friend. But only the strong hands will remain.
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John McAfee did more than this during the year 2017 bull run and we can see the end today. I think it will get to a point the USA will be after him for one reason or another.It is getting too messy and newbies are falling into the trap of influencers.
He is playing with fire and should stop all these childish tweets like "Doge", "To the Moon" and other things just to influence the market. Too many people follow him blindly. This is called market manipulation and it's not ethical and not legal. If I were him I'd stick to making cars and rockets. I mean, he is already rich, come on, stop fooling the poor kids who dream getting rich over night!
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Not too many options... Yes, especially the Doge market which will be dumped at some point but we are not going to crash in general.
Do you think crypto prices will parallel the stock prices moving averages or do you invision crypto going higher when the stock market goes down due to inflation. The stock market is like living back in the 90s. The future is crypto and there is no comparison in my opinion.
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YES. That's very annoying. At first, I thought that he was a huge Bitcoin supporter, but then he started with all these inconsistent posts and bs, like that investing in Bitcoin wasn't his idea in the first place, he's only an engineer and has nothing to do with the investment team, and then with Doge. I used to believe him, but now I'm starting to see how he tries to manipulate things, and that's disappointing Read about John McAffee and how he tried to manipulate the Verge market, interesting reading and a lot of things to learn from.
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Not too many options... Yes, especially the Doge market which will be dumped at some point but we are not going to crash in general.
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If you buy a Tesla car with 1 BTC right now, in 5-10 years time when 1 BTC might value 500K or even 1M you will feel sorry. I suggest you buy the car with FIAT, remember the pizza guy you don't wanna be like him don't you?
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With DOGE being down by 30% in 24 hours, I think people soon will start to panic, and DOGE will dump more, lucky are those who were able to sold at a good price so they can already enjoy a profit and transfer that investment to other altcoins with real potential, hype is on, once its over, panic will start.
Yeah it's been quite a Doge Day what can I say. The coin with the biggest drop today. A lot of hype but nothing more than a pump and dump scheme. I feel sorry about it because I've really loved this coin, but seeing what has become just makes me sad. This is not good for the crypto market in general.
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It is clear that Elon Musk manipulated the Dogecoin price for a purpose, why is it only Dogecoin that is often manipulated by Elon Musk. I'm sure Elon Musk has a specific goal, I believe Elon Musk bought Dogecoin first before making tweets about Dogecoin. Since Elon Musk wants to make a profit from Dogecoin, I believe someone like Elon Musk must have calculated everything. Since it is impossible for Elon Musk to just play with Dogecoin, someone like Elon Musk would want to profit from crypto as well.
If he does that on purpose and people find out he has a lot of Dogecoins this is a very risky business and I wouldn't like to be in his place. Market manipulation is forbidden by law he should already know that.
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Do they come from the Dogecoin supporters? I remember way back when BTC and Dogecoin supporters were friends, it's not happening anymore I guess. Now Dogecoin supporters hope to take over BTC It's not gonna happen. Too bad this meme coin has been destroyed like that giving it nothing more than a pump and dump status. Thank you Elon!
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Does the OP had any DOGE investments? Probably not. Because someone who has good profits coming from DOGE will not be creating this kind of post. My question would be this, where in the decentralized aspect of cryptocurrency, you know, the wild west no rules aspect of crypto, do you not understand? This is crypto, you don't control what people wants to do with their investments. If you have a significant amount of dollars and wants to beat it out on Elon and other well known crypto investors, then I don't think you should be doing crypto. Maybe e-Toro might work well with you.
Yes I have. But I'm willing to exchange them to BTC as soon as the Dogecoin bullish trend is over. If you would read all the posts you would see that I own both coins so it's clear you haven't understood my message.
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