Elon fuels BTC rise 17% DOGE gose 8×

[Imran232]

In the past 24 hours, Bitcoin (BTC) was trading between $31,161.96 and $37,990. As of 10:00 AM (UTC) today, BTC is at $36,692.81 (+16.51%), with much of that growth coming in the last three hours after Elon Musk changed his Twitter bio to #bitcoin.BTC





Meanwhile, Dogecoin (DOGE) briefly entered the top 10 crypto rankings, as it skyrocketed by as much as 800+% following a Reddit-fueled buying frenzy. DOGE reached as high as No. 7 before a market correction placed it just outside the top 10.





Your opinion about This changes

[mindrust]

Crypto is Elon's new playground now?

What will happen when the tweets "Bitcoin as shit as FIAT" like the last time he did?

Reminds me of McAffee too. Since he is in jail now, somebody had to fill his spot. If Elon keeps doing this, he might be cell mates with McAffee.

[cr1776]

Perhaps this is the only thing that can raise the price of DOGE.

And I would say not for long given it is (or at least was, I haven't looked in quite a while) continually inflating.

[rodskee]

Perhaps this is the only thing that can raise the price of DOGE.

Meaning Dogecoin is somewhat a Play toy ? because Elon is just making fun of crypto ?
And how come that because of that Twit bitcoin will increase that high ? nope i don't think this is the case.


What i believe here ?that Maybe the Doge pumping is the way of US to make the Biden's main plan to increase the Value of dollar again ? making US citizen/businessman gaining millions in Doge then they will dump and convert to Dollar that will be an added value to USD.

[TopTort777]

Reminds me of McAffee too. Since he is in jail now, somebody had to fill his spot. If Elon keeps doing this, he might be cell mates with McAffee.

Why would someone put Elon to jail? He did not do anything illegal. Despite McAffee being a very contradictory person.
John McAffee is in jail because he had fraudulently promoted certain ICOs. Also McAffee was arrested for tax evasion. But Musk, he may write what ever he want in his twitter or other social media account. He is not responsible for cryptocommunity reaction, he is not forcing anyone to do anything.

[electronicash]

he finally made it. he just keep tweeting about dogecoin back in the days now it briefly become among the top 10. its very much timely just what happen to GameStop and then this doge market went crazy up to more than 800%.  and then BTC now almost back to its track and getting ready to break the ATH.

one powerful man can bring the entire market up alive. he just made jeff besos a peony.

[DeathAngel]

I think Elon’s been invested in bitcoin for a very long time, he’s made several comments over the years alluding to it. I’ve thought for a long time Elon might be Satoshi but that’s another story. He’s definitely involved with crypto, specifically BTC & DOGE.

[ethereumhunter]

I think now Elon replace McAffee's position

But after Elon says about doge, the price getting a pump for a while. But today, we see that dogecoin is back increase and hit the very highest price. It is good news to us because we can sell our dogecoin at the highest price. We do not have to feel too happy because we have another job that we should prepare for, such as still analyzing what coin that can increase next. After this, I am sure that some altcoin will start to lift the price, and who knows, we will back to make another profit.

[hatshepsut93]

I don't like this, this is just pure mindless hype, it's not sustainable and Bitcoin could easily return to where it was before it in a matter of days. If we were in bearish market, it's still bearish.

I think now Elon replace McAffee's position

Yeah, no, Elon is the richest man on Earth, while McAfee is a greedy ass who would do anything for money. I don't see Elon shilling for shitcoins, he has a reputation to uphold.

[Beparanf]

I think Elon’s been invested in bitcoin for a very long time, he’s made several comments over the years alluding to it. I’ve thought for a long time Elon might be Satoshi but that’s another story. He’s definitely involved with crypto, specifically BTC & DOGE.

This what I’m thinking when he start trolling doge before. We know how Elon think, All his idea is revolutionary and cryptocurrency is a revolutionary idea in financial world. I believe Elon saw it before and invest some money on crypto that’s why he is silently promoting crypto by trolling since it’s the effective to catch people’s attention. I believe Elon is the bridge for crypto connect to majority of people that didn’t know crypto.

John Mcafee is far different to Elon. Elon doesn’t promote any coin so that other people invest on it. He is just simply posting stuff about the specific coin.

[jseverson]

I think now Elon replace McAffee's position

McAfee was a clown, Elon is just clowning. The big difference? Elon knows what he's doing.

This makes Elon is a lot more dangerous; he's been fined for memeing around with Tesla stocks in the past, but with Bitcoin, he can say and do anything he wants without any real repercussions. It's also terrifying how much sway he apparently has, especially considering he seems like the type of person to just do whatever he wants.

All that being said, I dislike how much people pay attention to his antics. All you're doing is giving him more power. I personally believe he's making money out of this (along with a sizeable ego boost), but once he stops benefiting from it, he'd likely drop it in a heartbeat.

[In the silence]

Poor doge, might have been cashing now the profits from doge to bitcoin as we all witness the dramatically decreasing volume of doge from the past few hours aswell.

I saw that justine sun of Tron are now joining the pump and dump hype.

[dothebeats]

Elon Musk is a billionaire troll, and I think everyone knows that by now given the massive shitpost his twitter account displays in the internet.

The Tesla CEO may or may not be buying bitcoin on his own, yet his words are like the bible of the internet that many people heed. One single tweet about anything and basically his herd of sheep would follow suit, or do whatever it is that the tweet implies all the while Elon being not responsible from the actions of his followers.

Basically Elon tells his followers to do X in a non-direct manner, and when all hell break loose, he will not be responsible for anything given how he's just meme-ing. At this point, Elon's power is not his money but his tweets; he can pump the shit out of any stock or asset since he has a lot of followers ready to obey the shitpost of their lord.

[$crypto$]

Crypto is Elon's new playground now?
What will happen when the tweets "Bitcoin as shit as FIAT" like the last time he did?
Reminds me of McAffee too. Since he is in jail now, somebody had to fill his spot. If Elon keeps doing this, he might be cell mates with McAffee.

As long as he confine himself to legit coins like Bitcoin and Doge he will be ok and besides McAfee is in jail because of tax evasion, Elon will not involve himself to shitcoins because he has enough money to say no to these developers to promote their shitcoin.

He was the first rich man in the world today how could an Elon Musk play a role in any other shitcoin? Is he not enough money?
Bitcoin and Doge are important for themselves maybe he already knows how good it is where bitcoin will go in the future, maybe more than now and with his tweets and bio on Twitter is to make sure that bitcoin is the future money that will be used .
This is the answer for us where we have to know from an Elon Musk that we do need crypto in any case in the future.

[Clement Kaliyar]

Crypto is Elon's new playground now?
What will happen when the tweets "Bitcoin as shit as FIAT" like the last time he did?

Reminds me of McAffee too. Since he is in jail now, somebody had to fill his spot. If Elon keeps doing this, he might be cell mates with McAffee.

There is a major difference between John McAfee and Elon Musk, John McAfee is a scammer and he was enjoying his time in the cyrptocurrency space and promoting scam coins as well while Elon Musk is doing it for fun to satisfy his ego and there is a big difference between the two.
Elon Musk is aware of his influence and he even tweets about his companies stock price that could affect the market negatively and he does not care about that and did not face any heat from the SEC.

[posi]

Straight from the shoulder, Elon Musk somehow fuel the Bitcoin market recent growth in price cause he has the money to invest in the market and I have said in some of my previous posts that Elon makes a negative statement about Bitcoin so he can buy dip which I believe did and later make a positive statement about Bitcoin when he changes his Twitter profile bio. With that been said, his bio is not the reason for the Bitcoin surge cause it actually his accumulation and his follower's decision that speaks now

[LUCKMCFLY]

Go that was a great pump, Doge surprises me because before Covid-19, it had a pump frequency of approximately 6 months or more, this time it lasted but it was decisive, ELON MUSK knows that bitcoin is the King, and that such a person Influencer can move masses and in turn emotions.

[Mahanton]

Crypto is Elon's new playground now?

What will happen when the tweets "Bitcoin as shit as FIAT" like the last time he did?

Reminds me of McAffee too. Since he is in jail now, somebody had to fill his spot. If Elon keeps doing this, he might be cell mates with McAffee.

Definitely correct but in honest talks then i dont  really believe on such calls because these are highly manipulative or deceptive one.

We know that these fella's can really move out the market due to financial capacity or capability but not everytime it would really be precise for someone to follow.
Lucky for those who do take shot on following him up which it did really pays off.
This doesnt only limit out with DOGE but also with other unknown coins that had been pumped out in the market which i do saw that it had
been done randomly.

[Ayiranorea]

A single word Bitcoin getting added to the bio of Elon Musk has made such a big change in the market. This has getting changed to be the big boys game. Elon Musk always try to be the game changer, from program development to the present days technology he has been getting on the top. Maybe we can soon get to see his own cryptocurrency, which will be under big hype without reason.

[hatshepsut93]

6 hours later, and most of the gains from Elon's pump are gone. This is why it's dumb to look at things like that as something serious and fundamentals. Noobs probably though that Elon will soon start accepting Bitcoin for his cars or will promise to make Bitcoin the official currency of Mars, but really this was just some twitter shitposting. If you want to trade based on that, you should do so only on small timescale, like hours or minutes, and be ready to dump quickly.