sana54210
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Activity: 3192
Merit: 1128
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January 29, 2021, 06:20:25 PM |
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Sheer and blatant market manipulation at its worst. Doge is a joke and this market will soon transfor into a marekt!
"Some of the members of WSB tend to use borrowed capital, like student loans, to bet on certain "meme stocks" that show popularity within the community."
This is simply just crazy, do not enter this game as you may hurt yourselves very bad.
Wallstreetbets do not have a chairman, in fact dude literally says "have no affiliation with r/wsb" himself, dude is just a troll account and that's it. Market manipulation is being done by 7+ million people on wallstreetbets right now, that is 7 million people, there are so many people who decided that they wanted to buy that stock all together, this is not really a problem to me because if people want to buy they could buy and that is fine, if they want to hype they can hype that is fine too. You know why they picked gamestop? Because there was over 15k+ workers of gamestop about to be fired, why? There was huge wall street capitalists (melvin and citadel) who shorted more than stock worth, it was over 100% that was shorted, so if it was asked to be actually covered they wouldn't have been able to cover it, since there isn't enough stocks, that means if the price kept going up, they would have been bankrupted and there would be a lot of regulatory problems for them. This isn't about just money, it is much bigger. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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7788bitcoin
Legendary
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Activity: 2282
Merit: 1023
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January 29, 2021, 06:33:29 PM |
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Yeah right, famous people influenced the market.
It's expected to have more since Elon Musk really making a huge noise for this coin knowing his influenced to the entire business industries
he really provide opportunities to those who have a quick mindset riding with the fame and taking advantages of this trend.
I understand Elon Musk might have influenced the bitcoin market today but what is driving the doge coin market, in the past Elon Musk was instrumental in driving the dogecoin price as he used to mock everyone with his social media page about the doge coin and whenever he does the price usually rallies but who is this reddit group who is influencing the price which i am hearing for the past one week. |
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bitcoin-shark
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January 29, 2021, 07:59:15 PM |
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an increase of 700% on the market thanks to tweets from famous people with a large following, i don't know if it's a good thing that cryptocurrencies are so easily influenced, however a great leap in quality for doge
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Argoo
Full Member
 Online
Activity: 2268
Merit: 225
#SWGT PRE-SALE IS LIVE
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January 29, 2021, 08:34:14 PM |
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Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?
It was because of this simple post of Elon that it drives to $0.07 you may check it here https://mobile.twitter.com/elonmusk/status/1354924057825837060. Too regrettable that it was $0.002 from past year on the month of December. Smart money are flowing now into altcoins and even Grayscale did with their recent announcement of assets they held onto their trust. Search for coins that are still cheap and has good usecase guys, not financial advice. I would like to see most of the potential altcoins rise in value as much as Doge. Can I ask Elon Musk to speak positively about cryptocurrency in general? Maybe then we will see the altcoin season that we have been looking forward to for a long time? Bitcoin has already shown what it can do, it's time to do it for other cryptocurrencies. |
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tippytoes
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January 29, 2021, 08:42:37 PM |
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Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?
It was because of this simple post of Elon that it drives to $0.07 you may check it here https://mobile.twitter.com/elonmusk/status/1354924057825837060. Too regrettable that it was $0.002 from past year on the month of December. Smart money are flowing now into altcoins and even Grayscale did with their recent announcement of assets they held onto their trust. Search for coins that are still cheap and has good usecase guys, not financial advice. I would like to see most of the potential altcoins rise in value as much as Doge. Can I ask Elon Musk to speak positively about cryptocurrency in general? Maybe then we will see the altcoin season that we have been looking forward to for a long time? Bitcoin has already shown what it can do, it's time to do it for other cryptocurrencies. Now, I am wondering if Elon Musk has big stash of doge also?  But I think doge deserves to have a raise on its price. It has been used for years and years by traders because of its cheap transaction fees. Actually, doge is better than most crap projects that have been created and abandoned. |
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JooBra
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January 29, 2021, 09:23:38 PM |
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Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?
It was because of this simple post of Elon that it drives to $0.07 you may check it here https://mobile.twitter.com/elonmusk/status/1354924057825837060. Too regrettable that it was $0.002 from past year on the month of December. Smart money are flowing now into altcoins and even Grayscale did with their recent announcement of assets they held onto their trust. Search for coins that are still cheap and has good usecase guys, not financial advice. I would like to see most of the potential altcoins rise in value as much as Doge. Can I ask Elon Musk to speak positively about cryptocurrency in general? Maybe then we will see the altcoin season that we have been looking forward to for a long time? Bitcoin has already shown what it can do, it's time to do it for other cryptocurrencies. Now, I am wondering if Elon Musk has big stash of doge also? But I think doge deserves to have a raise on its price. It has been used for years and years by traders because of its cheap transaction fees. Actually, doge is better than most crap projects that have been created and abandoned. I dont think he has any big stash of it. I just think he likes Dogecoin for what it is and what means. If you see his twitter he put BTC on it... It's more probably that he has stash of BTC. With all that we saw also BTC going up from all that. At the end pretty much good news overall. |
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Mpamaegbu
Legendary
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Activity: 2688
Merit: 1208
Once a man, twice a child!
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January 29, 2021, 09:32:01 PM |
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Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?
The latest news about DEGO is team has decided to use PolkaDOT parachain system ( https://docs.dego.finance/modules/dego-chain) for DEGO token. As DOT token now top ranked coin in CMC market so i think if they try it DEGO token price will go in good position. So let's see what happening in next. Dude, Dogecoin and DEGO are two different tokens.
But I think doge deserves to have a raise on its price. It has been used for years and years by traders because of its cheap transaction fees. Actually, doge is better than most crap projects that have been created and abandoned.
May be now it's about time Dogecoin gives Bitcoin a good run for its money as it's way cheaper to use than Bitcoin. The throat cutting miners' fees one pays on any Bitcoin transaction and even the accompanied delayed transactions that go with it is very discouraging. Since Doge is cheaper and with the encouragement and persistent good review Elon Musk gives Dogecoin I think we are likely going to see a steady price rise in Doge. Who knows it may get to the same ATH Ripple got to a few years ago — $3>. That, indeed, will be a blast for veteran Doge hodlers. |
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Wysi
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January 29, 2021, 09:56:48 PM |
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Yes Doge coin pumped up by over 800% after Elon Musk's tweet and in last 12 hours it has been highly fluctuating wherein traders would had a merry day but at the same time it's equally risky as well because it has dropped by almost 40% and then pumped back as well. Panic sellers would have already sold it at the first dump itself and eventually these funds will end up in Bitcoin's portfolio of many once there is a dump and to backup Bitcoin has gained significantly today.
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uneng
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January 29, 2021, 10:56:16 PM |
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There must be something else happening behind the curtains to explain why doge price rised so much. I don't believe an empty tweet like that would have the potential to cause such pump in the market, or have humanity reached to this level of idolatry already? I have also seen that some investors joining together at reddit platform were pointed as a possible reason behind the boost in dogecoin's price.
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bitcoinblog
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January 29, 2021, 10:59:23 PM |
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This indicates many are born just to make excreta  a coin which have no proper developer is pumped just bcoz someone twitted doge. Good i dumped my coins which i saved to start a doge faucet , and will buy when this all HYIP goes down. |
** FREE SPACE **
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Dutchyyy
Legendary
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Activity: 1197
Merit: 1001
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January 29, 2021, 11:08:02 PM |
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Lol. I did the same, sold all my DOGE, but I knew the reason for this pump. Because I think that this whole hype and euphoria will last max. 2-3 days. Then everything will get to normal as DOGE dosn;t have any real eco-system to hold the price so high.
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bitcoinblog
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January 29, 2021, 11:11:43 PM |
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Lol. I did the same, sold all my DOGE, but I knew the reason for this pump. Because I think that this whole hype and euphoria will last max. 2-3 days. Then everything will get to normal as DOGE dosn;t have any real eco-system to hold the price so high.
Right , too many coins to make it raised to $1 like what many moderators on reddit trying to portray. Either they are noobs and dont understand doge or they are just making a hyip so they too can dump their asset when market pumped. |
** FREE SPACE **
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kapalmabur
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January 29, 2021, 11:24:14 PM |
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Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?
Famous people play a very important role in the market, not only in the crypto currency market, but in the stock market the tweets of an influencer or famous person like Elon Musk can also have a positive, even negative impact, if you already know the strategy he is doing, then follow fomo that he makes, then we will get a profit too, although risky but this is very good for the chance to get profit. |
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MCobian
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January 29, 2021, 11:38:44 PM |
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I'm happy that Dogecoin has finally skyrocketed so high, it's now the biggest profit I can get from Dogecoin. I actually don't know for sure what
caused the price of Dogecoin to rise this high, many have attributed it to the WSB Chairman and Elon Musk. But I won't think too much about
the causes of Dogecoin's rise, which is certain that yesterday I already took profit. Now it's just waiting for the Dogecoin price to drop again,
so I can invest in Dogecoin again.
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DarkDays
Legendary
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Activity: 2030
Merit: 1189
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January 29, 2021, 11:52:33 PM |
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Doge coin sudden price increase is a good indication that altcoin season will happen soon. It is one reason also to hold our altcoins as far as we can. Maybe I'm gonna take an eye to this coin for another week and I hope it will show more greater market performance.
I agree. The surprising movement of DOGE indicates that the altcoin season is about to start if not already because why else will anything pump like >400% if it wasn't close to the alts season. I'm incredibly surprised to see how much DOGE has gone up, not much of a reason either - it just pumps like mad... Those that got in early must really enjoy this. |
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Paycheck
Jr. Member
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Activity: 199
Merit: 1
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January 30, 2021, 12:17:24 AM |
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I was watching a youtube livestream last night when someone superchatted about DoggyCoin (the right way to say it, by the way, not DDDOOOOGGGGJJJJZZZZZEEEcoin), and I immediately hopped on my trading accounts and transferred BTC to an exchange that handles DOGE, and bought 10,400 at a price of 213 satoshis (about 6 cents) each.
Now we need to pump the hell out of DOGE, for any reason or no reason. I don't care, I just want to make an enormous profit for nothing.
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Paycheck
Jr. Member
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Activity: 199
Merit: 1
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January 30, 2021, 02:13:06 AM |
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Mr. Musk, I need you to twit and tweet a few more twats about DOGECOIN. It doesn't have to be true, it just needs to pump the price about 10X. Thanks.
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Joyawan13
Full Member
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Activity: 910
Merit: 100
elysian.finance
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January 30, 2021, 02:39:59 AM |
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There must be something else happening behind the curtains to explain why doge price rised so much. I don't believe an empty tweet like that would have the potential to cause such pump in the market, or have humanity reached to this level of idolatry already? I have also seen that some investors joining together at reddit platform were pointed as a possible reason behind the boost in dogecoin's price.
whatever is behind the curtain that causes the doge to rise, of course there are many things that can make it suddenly rise significantly, the most important thing is to make this an opportunity for us to be able to trade in it to be able to profit by following the movement of the doge price which is moving up and down, but we know that this is very risky, but we must be brave to take this risk so that we can share in the benefits of the price movements that have occurred to the Doge at this time, |
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Maestro75
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January 30, 2021, 03:50:11 AM |
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Doge coin making waves to surprises this month and perhaps because of the gamestop adoption for this coin and also people behind it that pushing the price up high. I had these coins long ago and got it on some free faucets and didn't care at all not until now it sky rocketed all time highs. Strong hands are likely the big winners of these pump.
The price is dropping again and may be it will never go up any more. It was a big pump yesterday and many investors made a good profit from that. We do not know for sure if that is the end of its rise now. This can also be a time the doge team consider burning so it can increase price and value of the token. |
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Question123
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January 30, 2021, 04:18:59 AM |
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Im still have doubt about the dogecoin because I believe that it will going to dump it again maybe ellon musk is help this coin because he is famous so people starts buying Dogecoin because of that but in reality that coin is not a good coin it is not potential because the true potential not need to promote by the famous people because people will discover it how potential it is.
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