Elon Musk twitted - Doge on the actual MOON!

[laredo7mm]

It is very interesting how elon musk attract plenty of newbies to the crypto community by posting crypto related topic specifically about dogecoin. And because of this hype these new in the crypto industry become always be the loser because they tend to get FOMOed.

There is plenty of good projects but I wonder why he is creating hype about dogecoin. Dogecoin is already overpriced and it's a dead project. Even its dev leave this project long ago. With such a huge supply elon pushing its price so hard. If some other celebrities were doing this then I would say he has been paid to do this but I do not know why he is shilling this shit project.

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[kramchers]

Okay, Elon Musk just twitted an image with title: Doge WOW.



It's interesting to see what will happen. Image itself is optimistic and the idea behind is that Doge will go to the moon.

What do you think, what will happen? It already has enormous reactions in just some minutes.

Tweet's link

Obviously, there will be another pump will happen about in dogecoin price value in the market. Where, I am pretty much sure a lot of coummunity especially the dogecoin holders will try to attempt to buy it. But lets see if my assessment is right or wrong about this matter anyway.

[tycsols]

Okay, Elon Musk just twitted an image with title: Doge WOW.



It's interesting to see what will happen. Image itself is optimistic and the idea behind is that Doge will go to the moon.

What do you think, what will happen? It already has enormous reactions in just some minutes.

Tweet's link

He has already pumped doge coin so much with his tweets, i do not know what else he wants. I think he should now publicize his deal or contract with the dogecoin team because i dont think he will do it without any readon or personal gains.

[tvplus006]

Obviously, there will be another pump will happen about in dogecoin price value in the market. Where, I am pretty much sure a lot of coummunity especially the dogecoin holders will try to attempt to buy it. But lets see if my assessment is right or wrong about this matter anyway.

The more Elon Musk shills Dogecoin, the less effective his posts become for price growth. Subscribers who have previously lost their money on the Doge Pump are already wary of Elon Musk next posts about the price flight to the moon. Therefore, the price of Doge will change according to how the price of the bitcoin changes, and not on what Musk writes.

[sunsilk]

There's still not that much reaction for Dogecoin. Maybe most of the Doge retail investors haven't seen the tweet of Elon because if they do, they'll certainly push the prices up again.

Elon likes to use Dogecoin as his meme and if it moons then congratulations to all of its holders.

I think Elon Musk is making the tweet at a time not proper for the coin to pick. A time that bitcoin is dropping. I have not observed many altcoins moving against bitcoin. The reason is bitcoin is a pair to altcoins more than any other coin. It is first choice and doge can't be compared with bitcoin.

After that, there's still no movement for Doge. I guess it's a sign that those people who keeps up with the hype should start changing their strategy and choose fundamentals than hypes and tweets of Elon.

Investors won't involve money in doge because they are already cashing out from bitcoin. Profit time is a time to be careful not to be hanged up with no expectation.

Yeah, probably it's been already profits time for them and they'll just waiting again for another dip to come. Lower than these corrections that we're having recently.

[SaShiRaJaVu]

After that, there's still no movement for Doge. I guess it's a sign that those people who keeps up with the hype should start changing their strategy and choose fundamentals than hypes and tweets of Elon.

It is not a secret that the price is not moving according to fundamentals but it is a mere hype train and a speculative market for years. The tweets of Elon Musk has proved that multiple times and investors does not care about the core fundamentals and all they look forward is pumping the coin so that they could earn the profit they are looking forward.

[Ridwan Fauzi]

I feel a quite dangerous to buy doge coin, I've been predicted this coin for several months and always see this chart pattern when something good happen like a tweet from Elon Musk.

But, I never make a decision to buy this coin. The chart patter always make me afraid, take a look with monthly chart pattern, the candle that always be formed was like shooting star.

It means many trader is not comfortable to hold the coin and he will sell all their asset after he has profited. The price movement will just volatile when Elon Must make a tweet but after that the coin will just fall drastically.

[bitcon]

Elon Musk rudely manipulates the market, for some it is good, but for some it is quite the opposite. I see how some are trying to justify his actions, by the fact that on this Mr. Musk raises his authority and popularity, promotes cryptocurrencies.

But I see how only one side wins, and someone in the end will be among the losers. Although it is strange that Elon Musk decided to advertise exactly the meme-coin. It seems to me that if the focus of a businessman's attention was a larger project, then many would take what is happening more seriously.

[makishart]

Elon is overhyping doge and so many big parties disrespect with elon's decision as it can attract the regulators to see that as a something that will need more evaluation.
The tweet has been giving 10% increase for dogecoin but as far as i know that is only for the short time and no more.
You must understand that if people will not follow it forever.

[torrantz]

Elon Musk rudely manipulates the market, for some it is good, but for some it is quite the opposite. I see how some are trying to justify his actions, by the fact that on this Mr. Musk raises his authority and popularity, promotes cryptocurrencies.

But I see how only one side wins, and someone in the end will be among the losers. Although it is strange that Elon Musk decided to advertise exactly the meme-coin. It seems to me that if the focus of a businessman's attention was a larger project, then many would take what is happening more seriously.

It's undeniable that what Musk did is a plain manipulasm by influence, and I do agree, a coin that could eaisly influenced like that I don't sure stay true to its ideal which is decentralization and prone to be taken advantage of by certain people and the people behind the pump also should be responsible for themselves if anything went wrong. Though I anticipate these kind of things to happen quite frequently in the future.

[redsun114]

Back in the day, when it started, it had some reaction. Like if Elon posted something about Doge, it used to get pumped but these days, it’s not anymore happening. People don't count him anymore. He has been posting on Doge every now and then these days.

You are right and that is also because people have understood that as much as Musk is promoting the coin, he isn't actually buying that many himself. I don't want Musk to do so, but if was actually so so considerate about dogecoins then he should have invested 1B or something close to that as he invested into Bitcoins.

People are emotional and easily influenced by big personalities like Musk and that was the only reason why dogecoin even reached the value it is holding currently. Seriously why he is doing that, if he can actually reveal the motive behind it, might make more people invest into dogecoins. But just shilling for a coin all day without letting others know the real motive and inspiration, isn't going to create any further hype.

[ene1980]

You are right and that is also because people have understood that as much as Musk is promoting the coin, he isn't actually buying that many himself. I don't want Musk to do so, but if was actually so so considerate about dogecoins then he should have invested 1B or something close to that as he invested into Bitcoins.

Who knows what Musk is doing behind the scene, in the beginning he might be having fun tweeting about doge and when he found out that his having the influence to change the market he might be investing in the background and profiting from the outcome. You never know what is happening when he comes out with these tweets and with his company investing billions there is something boiling behind the scenes.

[shield132]

You are right and that is also because people have understood that as much as Musk is promoting the coin, he isn't actually buying that many himself. I don't want Musk to do so, but if was actually so so considerate about dogecoins then he should have invested 1B or something close to that as he invested into Bitcoins.

Who knows what Musk is doing behind the scene, in the beginning he might be having fun tweeting about doge and when he found out that his having the influence to change the market he might be investing in the background and profiting from the outcome. You never know what is happening when he comes out with these tweets and with his company investing billions there is something boiling behind the scenes.

People don't react seriously to his tweets/jokes and that's a little progress of our society (it's a very sad fact that price was pumping after Musk's tweet). But I think he is just testing his powers and analyzes the results of every his tweet about Doge's price. I highly believe this man will do something that will seriously cause the rise of not Doge but probably Bitcoin or others, I don't know what's in his plans. From his tweet, I think that he may plan to send the Dogecoin flag to the moon? Something like this will definitely happen, I believe in it!

[NotaPenguin]

Elon Musk probably bought some. Or maybe he just wanted to bring the attention to Crypto in general buy investing in Bitcoin with his company, but also showing that the crypto world is a fun one like with doge.

Maybe he is even the biggest Doge holder, as explained here: https://decrypt.co/57352/mysterious-dogecoin-billionaire-elon-musk-birthday

[Questat]

Elon Musk probably bought some. Or maybe he just wanted to bring the attention to Crypto in general buy investing in Bitcoin with his company, but also showing that the crypto world is a fun one like with doge.

Maybe he is even the biggest Doge holder, as explained here: https://decrypt.co/57352/mysterious-dogecoin-billionaire-elon-musk-birthday

All of that is just an speculation, Elon would not become the richest in the world if he is not smart, I have a feeling that he had already cash out the profit and will not intend to hold long. he is just riding and hyping the market, if he is a real holder, didn't he announce this when the market was still not in bull run.

[coiningz]

And even after this my doge hodlings in ownr wallet was not pumped...

[Vaculin]

That's too scary, I hope everyone will realize early that all of Elon's statement is just to hype Doge more for his personal benefit and I also hope it will not result to his investors losing trust on him, it's hard to shill a coin in the market cause if bad things happen, those who influence the investors will be blame.

if he is a real holder, didn't he announce this when the market was still not in bull run.

This makes sense. 

[777Jolami]

I feel a quite dangerous to buy doge coin, I've been predicted this coin for several months and always see this chart pattern when something good happen like a tweet from Elon Musk.

But, I never make a decision to buy this coin. The chart patter always make me afraid, take a look with monthly chart pattern, the candle that always be formed was like shooting star.

It means many trader is not comfortable to hold the coin and he will sell all their asset after he has profited. The price movement will just volatile when Elon Must make a tweet but after that the coin will just fall drastically.

This is inevitable, it's just the flip side of the problem.  Anyway, I still believe that MicroStrategy is indeed more reliable, even though his strategy and Elon may be contradictory in terms of vision and computation.  Elon can do anything if people are willing to pay attention to him, but clearly, from the Doge movement, people are adoring and adoring Elon Musk is immense.  There are many tricks and levers between them.  It also seems that the competition is not easy.

[gwdf1]

Now Elon Musk has resolutely taken control of the crypto market. This very smart and one of the richest man in the world! He is not afraid to take risks and flirt with new technologies. Thanks to such adventurers, humanity is moving forward. I certainly respect Mr. Musk, but it saddens me that the price of cryptocurrencies can be influenced by the words of one person.

[Mahanton]

Now Elon Musk has resolutely taken control of the crypto market. This very smart and one of the richest man in the world! He is not afraid to take risks and flirt with new technologies. Thanks to such adventurers, humanity is moving forward. I certainly respect Mr. Musk, but it saddens me that the price of cryptocurrencies can be influenced by the words of one person.

He's not literally taking up the control because if we do base or consider on how many people been engage on holding up Doge then it doesnt really need for him to buy
Doge himself but rather on using up people on a manipulative way.We know that he's capable on buying up things knowing to be the richest man but it wont really
be necessary as if he can drive out the market on just using up this words presuming that people would really be having that kind of presumptions.
Doge as of this moment is on moving sideways and i do felt sad to those people who got in the Fomo.