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Author Topic: Mars Coin - new Tweet of Elon Musk  (Read 226 times)
LordShanken (OP)
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February 17, 2021, 10:43:17 AM
 #1

Elon Musk accidentally made a pump on another coin - Mars Coin.



He did not know (I think) that such a coin already exist.

The Mars Coin price was pumped from $0.11 to $2.5 in minutes:

https://coinmarketcap.com/currencies/marscoin/

I wonder what new coin Elon Musk will mention by accident  Roll Eyes  Cheesy
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February 17, 2021, 02:29:41 PM
 #2

I am slowly deleting the technical analysis tool instead taking the time to read the latest tweets from elon musk, and it has been working for me lately.    Grin

Perhaps there will be many other surprises in the future, when doge, bitcoin .... are very effective by elon musk fomo.
LordShanken (OP)
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February 17, 2021, 02:39:39 PM
 #3

I am slowly deleting the technical analysis tool instead taking the time to read the latest tweets from elon musk, and it has been working for me lately.    Grin

Perhaps there will be many other surprises in the future, when doge, bitcoin .... are very effective by elon musk fomo.

I check Elon Musk and WallStreetBets tweets every few minutes.  Wink But lately is very quiet about DOGE and other coins, they talk only about Bitcoin.
It seems they are getting more and more careful. They began to realize the strength in their hands. I'm just worried that they can start using it for wrong purposes.
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February 17, 2021, 02:44:37 PM
 #4

That tweet was just only a joke. Elon didn't really mean to pump Mars coin since it just coincidence for crypto to have same name like he tweet. It was different story with what happened with DOGE.
When i see on CMC, on Mars Coin it said This project isn't affiliated with Elon Musk. Haha
LordShanken (OP)
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February 17, 2021, 03:35:19 PM
 #5

That tweet was just only a joke. Elon didn't really mean to pump Mars coin since it just coincidence for crypto to have same name like he tweet. It was different story with what happened with DOGE.
When i see on CMC, on Mars Coin it said This project isn't affiliated with Elon Musk. Haha

In the first line of my first post it says he did it by accident:

Elon Musk accidentally made a pump on another coin - Mars Coin.

Of course it has nothing to do with Mars Coin. Just like he has nothing to do with Dogecoin. But you'll probably say that Musk is the CEO of DOGE, because that's what he writes in his profile ..  Grin
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February 17, 2021, 04:06:02 PM
 #6

That tweet was just only a joke. Elon didn't really mean to pump Mars coin since it just coincidence for crypto to have same name like he tweet. It was different story with what happened with DOGE.
When i see on CMC, on Mars Coin it said This project isn't affiliated with Elon Musk. Haha
Agree with you, at the moment I only see btc and doge that are coins that Elon has shiller for a while. But basically we should focus more on the obvious projects in this market, instead of waiting for the tweet. I'm not in denial that Elon is making this market more exciting, but the way he's doing it I'm seeing it is not an effective way of helping this market.

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February 17, 2021, 05:11:28 PM
 #7

That coin is available on a small exchange, so I think that does not attract many traders to trade. But still, for people who can get a profit from that coin and that moment, they are really making a big profit. The price now is back to the last lower price, and it seems the party is over now. I wonder what will be the next coin that Elon will say about, and I wonder if that can make a coin increase too or not.



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LordShanken (OP)
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February 17, 2021, 05:13:03 PM
 #8

That tweet was just only a joke. Elon didn't really mean to pump Mars coin since it just coincidence for crypto to have same name like he tweet. It was different story with what happened with DOGE.
When i see on CMC, on Mars Coin it said This project isn't affiliated with Elon Musk. Haha
Agree with you, at the moment I only see btc and doge that are coins that Elon has shiller for a while. But basically we should focus more on the obvious projects in this market, instead of waiting for the tweet. I'm not in denial that Elon is making this market more exciting, but the way he's doing it I'm seeing it is not an effective way of helping this market.

After all, experienced users and whales know that this is pump & dump. It's new users who don't realize it and buy (for example) DOGE with life savings, yet the price is based on only a few tweets. Sooner or later the price will drop and they will lose a lot of money. Posting such tweets as Elon Musk do is very irresponsible in my opinion.

That coin is available on a small exchange, so I think that does not attract many traders to trade. But still, for people who can get a profit from that coin and that moment, they are really making a big profit. The price now is back to the last lower price, and it seems the party is over now. I wonder what will be the next coin that Elon will say about, and I wonder if that can make a coin increase too or not.

Of course, he did it without even realizing that such a coin exist. However, he still managed to pump the price by several hundred percent.
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February 17, 2021, 05:13:11 PM
 #9

Why didn't I see this tweet? I'm subscribed to it and the bell. Do I understand correctly that he deleted this tweet? After all, you could really earn x10.

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LordShanken (OP)
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February 17, 2021, 05:18:02 PM
 #10

Why didn't I see this tweet? I'm subscribed to it and the bell. Do I understand correctly that he deleted this tweet? After all, you could really earn x10.

Because it wasn't a tweet directly on his profile. He wrote it in response to his previous tweet about Dogecoin massive centralization. Here you have the direct link:

https://twitter.com/elonmusk/status/1361709250561642498
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February 17, 2021, 06:27:43 PM
 #11

Its just small pump since the coin have no big community like Doge.
If the community can make FOMO about that tweet, i think the pump can last a bit longer...

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LordShanken (OP)
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February 17, 2021, 06:56:21 PM
 #12

Its just small pump since the coin have no big community like Doge.
If the community can make FOMO about that tweet, i think the pump can last a bit longer...

This coin is listed only on two or three very small and unknown exchanges where volumes are minimal. This pump was probably done by a few people who thought that going to happen something similar like with DOGE. This time it was just a total accident and Musk has certainly forgotten about this coin and this tweet long time ago.
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February 17, 2021, 09:00:54 PM
 #13

Its just small pump since the coin have no big community like Doge.
If the community can make FOMO about that tweet, i think the pump can last a bit longer...
Someone is a great fellow if he managed to make money on this,my opinion is that such tweets will not lead to good.Although the volumes on the exchange are clear enough, it looks more like the exchange itself created this pump)

LordShanken (OP)
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February 17, 2021, 09:16:54 PM
 #14

Its just small pump since the coin have no big community like Doge.
If the community can make FOMO about that tweet, i think the pump can last a bit longer...
Someone is a great fellow if he managed to make money on this,my opinion is that such tweets will not lead to good.Although the volumes on the exchange are clear enough, it looks more like the exchange itself created this pump)

Interesting idea that Exchange did it by itself. I imagined more that it was someone accidental or a complete novice who hoped to find a gold mine.
Anyway, once again we see the power of words of Elon Musk. This only proves how dangerous his tweets can be for new and inexperienced users.
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February 17, 2021, 09:52:43 PM
 #15

People are like sheep. They blindly dumped the money over another dead and useless coin just because Musk "said the name".

I wonder too what will be the next "gem surprise".

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February 17, 2021, 10:01:43 PM
 #16

Because there are very few exchanges for Mars coin, that Elon Musk's tweets this time did not last as long as happened at doge pumps
that until now are still at price heights. Probably many traders think twice about  buying Mars  coins because  they only  exist  on three
exchanges. Perhaps the result will be different if Mars coins are already listed on many exchanges.

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February 17, 2021, 10:23:41 PM
 #17

Two daya ago mars coin reached its new all time high $2.50 but now its price just crassed down until touch $0.5. It is bad, really bad and will make many people hate crypto currency.

I don't know Elon Musk's intention to create about an altcoin. Also, it will be a concern for every investor, you can't buy all altcoin which was reccomended by most people. You have to know the ins and out of the altcoin itself, especially its function foe human life.
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February 17, 2021, 10:24:30 PM
 #18

People are like sheep. They blindly dumped the money over another dead and useless coin just because Musk "said the name".

I wonder too what will be the next "gem surprise".

Honestly, I am also looking forward to Musk's next surprise. I try to refresh my Twitter every few minutes with hope to see some (random or not) tweet with the name of a niche coin.
Who wouldn't want to earn 1000% as it was on DOGE?! If this is a sheep for you, let me be that sheep!  Wink Cool
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February 17, 2021, 10:26:21 PM
 #19

Will this MARS coin go any higher? If you may know where is Mars in the exchange? I think the community is very fortunate this time. And this is a surprise for Mars holders who have been waiting for its rise for a long time.

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February 17, 2021, 10:38:42 PM
 #20

Is that for real? I don't see any tweet from him about Mars Coin. That image could just have been edited to hype that coin.
Check his twitter official account: https://twitter.com/elonmusk

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