When Elon Musk make tweet about Doge again, last two days his tweet about Doge coin and now still waiting his update will make new tweet about doge coin or not because many people waiting for his tweet and make many trader get back profit, now I wanna get back how doge can reach to higher price again.
Well, you probably haven't read Elon Musk's latest tweet about Doge .. Elon is not very positive about Dogecoin being centralized because big whales have bought it in large amounts. He said he won't support DOGE until whales sell most of what they own. This means that in the near future we can expect only a drop of DOGE price. |
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If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?
After all, Blockchain is a very complicated technology, and so many people have understood it. More and more people get to know about it and want to adopt it in business. I think if a project is complicated, the developers just have to explain it. It is up to the developers to write a clear and easy to read whitepaper. This should guarantee success. We are not talking about blockchain technology here, some projects have use cases that are confusing, I believe that's what OP is referring to, every blockchain newbie will surely find blockchain confusing at first but the discussion is about use cases that can't be understand, check HEx out for example Giving an example with Blockchain is just an example that even a very complex project can be explained in some way. As I wrote, the dev team is responsible for explaining the complexity of the project. If the creators of the project cannot do it, the project in my eyes becomes suspicious. This reaction seems perfectly normal to me. |
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Their statements changed the market a lot. First he praised dogecoin. Everybody started to buy dog, now he is denigrating dog, I think he will buy from the bottom again.
I didn't notice that Elon Musk denigrating DOGE. He only wrote about what the whole community noticed earlier. Dogecoin was bought by big whales, which is negative as it allows them to manipulate the price. Elon Musk prefers to do this himself, so he wrote: "If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo." This means that when he has an impact on the price again, he will start supporting DOGE. |
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the name elon musk is increasingly appearing on the surface elon musk is one of those people who has a lot of money and he has tremendous assets in the real world now he has jumped into the world of digital currency and his words have caught the attention of many people. people maybe in the future there will be new people who have lots of money like elon musk and they will support in the world of digital currencies.
Whether with Elon Musk plunging into cryptocurrency it will have a positive impact or vice versa I also don't know, but I think this is quite interesting and maybe in the future more and more people are interested in cryptocurrency, especially if later people like Elon Musk are interested in getting into cryptocurrency it will drive crazy Who doesn't pay attention to what the richest man in the world invests in? Of course, everyone also wants to earn, so they will certainly want to imitate those who theoretically do the best in the world. I think it won't take long for the next big company to announce that it's investing in Bitcoin or other cryptocurrencies. I think the cryptocurrency trend is just beginning. |
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just hope that the partnership that has been done ripple so far can run smoothly and can bring change or maximum growth for ripple in this year. if the partnership succeeds, then I am sure it will not take a long time to raise its price.
You seem to be one of those who have invested in Ripple. If you have done this consciously knowing that it is not a decentralized coin, then you should not be surprised by the present situation. However, if you do not understand that Ripple is not a cryptocurrency, unfortunately you will be disappointed in what happens to it again. |
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SEC has been really hard on XRP. It got delisted by big exchanges. Now I'm in a dilemma. Should I keep or buy more XRP or bail out?
Of course, Ripple would have something up their sleeves. But what's the possible future for XRP?
XRP's future is bright in light of the current spin since it left the SEC. but don't be too excited because the most token holder is still the CEO until now Until now? Developers can create any amount of XRP at any time. Regardless of how the SEC case ends, this project will never be a safe investment. If someone likes risk, he can play in daytrading and pray that developers don't come up with an idea and create 100x more coins one day. |
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"No highs, no lows, only Doge"
"Dogecoin is the people’s crypto"
This guy is only playing with you and the markets. It's all fun for him, he's just trolling.
Why not? He can do it! This guy can to speak any, he is the hero of the world. People love him because he makes the many dreams come true. Mayby DOGGY its a new dream. Well, he probably did not fully implement what he wrote, because, as we all know, he invested in Bitcoin and not in DOGE. If Elon Musk treated DOGE seriously, his investment would be directed not only in Bitcoin, but also partially in DOGE. That is fact that DOGE has gained in price thanks to his tweets, but probably no one has any doubts right now that he is not taking DOGE seriously. |
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If a crypto project gets too complicated to understand can it affect the projects adoption rate or people don't care this days where they put their money? I remember when Hex was launched many think it's a scam and so many complains about not understanding a thing about what the project is all about, what do you say ?
After all, Blockchain is a very complicated technology, and so many people have understood it. More and more people get to know about it and want to adopt it in business. I think if a project is complicated, the developers just have to explain it. It is up to the developers to write a clear and easy to read whitepaper. This should guarantee success. |
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I think what Elon Musk did will start a completely new situation on the cryptocurrency market. See that until recently there was a giant PayPal, now Tesla with Elon. I think that this year we will have a period of watching only green charts on the entire cryptocurrency market.
With unorthodox assets such as Bitcoin, someone needs to take the initiative. And this is what Elon Musk and PayPal have done. They took the initiative and now there are large number of corporations following the trend (including MasterCard, Visa, Amazon, Apple, Twitter.etc). Very soon, this will turn in to FOMO. Those corporations which are still hostile to the idea of cryptocurrency will be forced to invest, if most of the others do that. No one wants to miss out. And I have to thank PayPal first, because they were the ones who started it. The spike from PayPal adoption came at a time when Bitcoin needed it the most. Then the second spike was resulted from Elon Musk and Tesla. Now I don't know who will cause the third wave, but in all probability it is going to be one among these corporations - Amazon, Google, Apple, Microsoft & FaceBook. I am also waiting for the announcement of the next giant that will start accepting and investing in cryptocurrencies. I'm sure it won't be Facebook because of the Libra project. Gates also don't like crypto, so I doubt it will be Microsoft. Apple is the most likely, followed by Amazon. However, the most important thing is that small companies should not be afraid of cryptocurrencies and start accepting them. I think it is already happening. |
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When a big figure like Elon Musk who is the head of few world's top business organizations like-TESLA, SPACEX, THE BORING COMPANY supports cryptocurrency, normally it puts huge positive impacts on the cryptocurrency markets. Most of times, cryptocurrency market faces lack of confidence but after Elon Musk's support, market now stands on a strong base and investors are getting ground for their investment.
I totally agree. Now the question is how many companies will do the same as Elon Musk and Tesla. I am thinking not only about the fact that he has invested a lot of money, but also about the fact that he will start accepting cryptocurrencies as a form of payment. I think this in the long run could have an even greater impact on the cryptocurrency market than the investment itself. |
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Tesla said that he would invest $ 1.50 billlion, of course, it would be an obstacle for bitcoin to progress and develop in the future. welcome Tesla and thank you
Well, he affects the masses! I think it's the bottom of all this! He has many followers, and when he makes a move it's big marketing! He is on the crypto side, and that is good for the entire crypto market, he will bring more people (except his own money) and that's the most important part of all this, crypto is spreading on all sides! I believe he is just the first, we will see many other billionaires entering crypto in the near future! What Elon did will become a trend, and that will be a big wave! I think what Elon Musk did will start a completely new situation on the cryptocurrency market. See that until recently there was a giant PayPal, now Tesla with Elon. I think that this year we will have a period of watching only green charts on the entire cryptocurrency market. |
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we know that there is ups and downs in the market. But this time market correction not come yet.
Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?
We are in bull market and just like 2016 and 2017 it will stay for atleast a year this time around too and as far as Elon Musk's role is concerned i do not think there is anything wrong as long as he is positively impacting the market. You wrote that this time the bull run will also last about a year. And this thread is just that this time the bull run won't last a year. It is because of Elon Musk's actions that many more companies will follow him, which will make this bull run last much longer. And no one really can predict how long. |
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Doge-corn maybe, but if you think about DOGE coin, then expect a rather large flash crash. Everyone is beginning to understand that Elon Musk used DOGE to test his potential on the cryptocurrency market, before officially announcing that he is entering with investition in Bitcoin. DOGE was used to analyze the market and that's it. Now all those who have fallen for it will understand this and mass sales will begin. Yep, I see the price going to 4-5 cents at least. Elon meddling with the price in a dumb way is affecting the 'market cycles'. Each time he buys, he does it in a dumb/stupid way, he should learn to trade and buy only the dips if he wants to do something with Dodge. At least that would make it that no one will know if he bought or not, because there is no sudden rise or fall that interferes with the Golden Ratio of the market cycles.  Unfortunately, there is no sign that the trend will change. If all is well, the DOGE price will remain at 4-5 cents. Unfortunately, I am afraid that in the case of a negative scenario, it may drop even below 1 cent. I think everyone has realized by now that Elon Musk's tweets were just jokes. |
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we know that there is ups and downs in the market. But this time market correction not come yet.
Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?
And who said how quickly and when the correction should come? A bull market can last several months or even several years. It's true that Musk's behavior made cryptocurrency market much more active, but he started doing it during the bull market. I'm sure he couldn't have done it at the bear market. |
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I still don't understand why XRP is considered a top 5 cryptocurrency? I really don't see any technology in XRP, it's just a few (a couple) of nodes that are run by the founders of the project. How can these coins be worth anything?
Whether a coin is worth something is determined by the law of the market, i.e. demand and supply. Demand may be because there is a need in the market, there is an opportunity to make money, or the product simply has good marketing. In the case of Ripple, it is about a little of all three, which does not change the fact that it is a terrible coin. The fact that it is in top5 is due to the very large MarketCap - the total amount of money invested in this coin. |
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Yes, but seeing the impact of that, of course it is very good for the benefit of many people and also, Elon Musk managed to make a bull run where when buying bitcoin in fact several other cryptos got their new ATH like ethereum. Elon Musk is not only tweeting because he's also taking real action that has a big impact for a sustainable pump, the future looks really bright right now but I'm still cautious about it.
Well initially though, we are still in limbo whether he is trolling us with his bitcoin tweets, we haven't heard straight from him mouth that he is investing on bitcoin or at least his company. But seeing the latest news, he did "put money where your mouth'. So this is very welcoming news for us, after it went into public the price goes on at $48k, short though of the big mental barrier of $50k. But at least we inch closer to that and it's imminent, because we are going to break that barrier in the next coming days. So everything look bright for us. I would say that it is good and not good .. As for the fact that the market has stimulated and we will all earn a lot from it, it is very good. I understand who Elon Musk is, but nevertheless, I am concerned about the fact that one man manipulated almost the entire cryptocurrency market with just a few tweets. In my opinion, it was not a coincidence, but an intended action, and it is very bad. This tells us a lot about how the financial world can be manipulated. |
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Elon Musk's investment accelerate bull market and now the prices of all altocins (at least those from the top100-top200) should start growing. Ethereum still has enormous potential (despite the fact that the amount of transaction fees blocks it strongly) so I am sure that Ethereum will follow the Bitcoin price and we will see new ATH every day.
He did not accelerate bull market, MicroStrategy did. Elon Musks's tweets are problematic to me because they cause his fanboys to pump. Also,,, he cannot take full credit for Tesla decision as that is not his money AFAIK. Agree however that ETH will benefit the most, apart from Bitcoin. I do not think that microstrategy did as much impact on the price as Elon musk did. Microstrategy is good and all but we are talking about richest person on earth buying 1.5+ billion dollars worth bitcoin with his company. Could we say he can't take full responsibility for it? Sure why not, other board members had to agree as well but he is the biggest shareholder I think and he likes bitcoin and he talked about crypto a lot during the last week or so, which tells me maybe they bought a lot earlier than we heard about, then he tried to pump everything up a lot, and now Tesla is in big profit. Before they talked about it, price was around 40k prices, now it is over 45k+ peaked at 47k+ price, those can't be coincidence. I do not like Elon neither, I think he is not a nice person and he acts like a goof to look cute but that just makes him look dangerous to me, but we have to accept that this newest bull run was all thanks to him. I think he meant that Musk's tweets weren't without a reflection, they were an organized activity with an entire team of strategists and analysts behind. In my opinion, it is certain that Elon Musk did not write these tweets purely for a joke. The market's reaction to his "jokes" gave his analysts a lot of information. I think it was all very well planned so I agree that defining this as micro strategy is in point. |
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Expectations for ETH are very high and this is due to the fact that BTC has already made x2 from its previous maximum values. From here we can conclude that ETH will be expensive and commissions will be even more expensive than today.
Unfortunately, at this point the commissions are the biggest problem for Ethereum and keep its price still lower than it should already be achieved. I am sure the price will continue to rise, but the real boom will probably come when the ETH 2.0 will be implemented. |
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Never tried to play online casino.
 So trust me, what you are doing is very similar to the roulette option when you bet either black or red - meaning you either win or lose. In this case, however, option that you will lose is much more likely. |
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Elon Musk's investment accelerate bull market and now the prices of all altocins (at least those from the top100-top200) should start growing. Ethereum still has enormous potential (despite the fact that the amount of transaction fees blocks it strongly) so I am sure that Ethereum will follow the Bitcoin price and we will see new ATH every day.
well this has been the news all over the cryptospace now. This is why I believe the snowball is just beginning to roll. I think now all the mainstream media will start talking about what Musk has done and the huge amount of people who have so far claimed Bitcoin is a scam will change their minds. Before they learn how to use wallet and buy on the market, it will take several days - several weeks. I think the bull market will continue for the next six months. |
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