DOGE is living proof of Influential Power of Rich People!

[so98nn]

Yes, there must be on-going discussion about this already but I could not resist myself after seeing how DOGE is getting influenced by Elon Musk and his tweets. This is really big power that people like Elon hold.

Neither he is coming on TV, or live in some shows or announcing publicly that he is investing nor he is making lucid statements about it.

All he would do is "conspiracy tweets". For example, yesterday's tweet "Doge Barking at the Moon". That's all guys and just after 22 hours it reached its ATH price and currently trading around it.

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

[Raytheon]

This is crazy economy I have ever seen in my life.  

Yes, I have never seen such an insane business like that. All of the coins that I consider shit pumped hard in the last few days: XRP, ADA, TRX and DOGE. I hate the fact that I let my hatred ignore all of those coins. Things that Elon Musk doing reminds me of John McAfee but the difference is people don't hate Musk like they did with McAfee. Maybe you're right, it's because Musk is richer than McAfee.

I'm not a DOGE holder (sadly).

[masphie]

All my asset stuck in other coin 
i Can't do anythink, just see my friends party with doge. Very sad

[LUCKMCFLY]

Well, I don't know why Elon Musk is so fond of Doge, but there is something that very few see, he is an influencer who manages masses worldwide and that must be recognized, this if he could treat it as "manipulation" of the market, but in Trading and in the markets these things are allowed, we cannot forget that the market is moved by whales and emotions, Elon Musk is undoubtedly a whale that makes emotions move, not only him, but also Mark Cuban in an interview with Forbes He said:

“No, it’s not a bad look. Dogecoin is less than a dime… Literally, and I say this with all seriousness, it’s the best entertainment bang for your buck available…

That’s not to say it has any intrinsic value. It doesn’t. But so what? It gives you a better chance of winning than a lottery ticket all while teaching the economics of supply and demand and introducing people to crypto assets.”

Source: https://dailyhodl.com/2021/04/15/billionaire-mark-cuban-says-he-will-never-sell-one-dogecoin-heres-why/

And seeing it from a more market speculator point of view, it must be clear that Elon Musk his Tesla shares have dropped more than 50% of his shares for buying Bitcoin, perhaps all his investment is in BTC but he wants to shelter aldo of money At Doge, of course this is mere speculation on my part, but as long as they continue to make money, they will continue to carry out their strategy and for now through Twitter they are doing very well.

[electronicash]

or could we say anything is possible in crypto.
doge despite its supply, can be a good store of value still after all it could be considered decentralize since the creator left already just like BTC. it's however suspicious because Elon had taken over this project and had been promoting it since. the Chinese trade named Wang was the first i have seen buying dogecoin and since then i also joined buying.

could it be that because they are late in grabbing cheap BTC, it's doge that they are going to make it mainstream?

[Coin_trader]

I honestly almost flip my Dogecoin which I bought recently. Good thing it was store on a physical coin that's why I always get lazy everytime I want to peel it. I almost triple now my initial investment on this coin. I never thought this shitcoins will give me some good profit.

Elon musk is really serious about tanking all floating Doge in the market. This will surely fly more since all major resistance is already wipe out. Sky is the limit I guess.

[TheUltraElite]

Just another opportunity for the DOGE holders to make money but they are stubborn just like the Shibe in the Dogecoin picture and hence they will not sell at the pump.

But I am sure users of this forum know this already that celebrities induced pumps are temporary and the coin will go back to its inherent price in a couple of days. If you miss out then you are the one who is to blame.

Dont be on the notion that another super high pump is happening. You have no idea what actually is going on with these pumps and it is therefore better to stay away, this is crypto after all. People here dont care about other's money, they care about their own profits.

[20kevin20]

All of the coins that I consider shit pumped hard in the last few days: XRP, ADA, TRX and DOGE. I hate the fact that I let my hatred ignore all of those coins.

Why so? Is it that you've missed a huge pump?

These pumps won't be sustainable and they'll likely dump back to where they were, if not even under, as soon as Bitcoin launches up through the roof. Your regrets are normal, but if you hate XRP and all those other shitcoins then why do you regret not investing in them?

We're in the middle of an altcoin season. Don't let yourself be emotionally overwhelmed by it. As far as you've probably seen, most alts are definitely not here to stay..

[so98nn]

Great! So it seems that there is amazing positivity inhere unless we see someone whose against DOGE? Sometimes I feel that Elon is just playing around and he has nothing to do rather than create a meme out of Doge. In some of his previous Memes I have seen that he tweeted vanity of doge and now he is saying the doge is barking on the moon.

Elon's mission Mars could be something that might relate here and help DOGE cross the couple of bucks price.

Just check the connectivity of his mission success and his tweet pattern. Once must keep an eye on his social profile to predict the future of DOGE.

[Raytheon]

These pumps won't be sustainable and they'll likely dump back to where they were, if not even under, as soon as Bitcoin launches up through the roof. Your regrets are normal, but if you hate XRP and all those other shitcoins then why do you regret not investing in them?

I don't regret not investing in them. In fact, it's even risky when they're in really low. I regret not putting them in my follow list. Aside holding a few really good coins for long term (BTC, ETH..), I mostly use scalping method. That said, I missed those coins' beautiful entries. Anyway, regret just comes and goes. I won't let it affect my trades in long term.

[TastyChillySauce00]

or most of people could easily get influenced by Elon, I mean, Elon isn't controlling the price of doge through his own capital but because most of people are really into his tweets and taking it as conspiracy.
Though, I totally have no problem with that since I'm myself have gotten quite good profit out of it, while I don't really have an idea of what causes the pump until I tried to peek into elon's twitter account and found this tweet you mentioned.
Remember though, there are also bots set up by some people which creates buy order based on elon tweets, it will definitely have impact to the market.

[cloirecrom]

Money is what controlling the price. all those tweet is just to help the hype.

[Anonylz]

Yes, there must be on-going discussion about this already but I could not resist myself after seeing how DOGE is getting influenced by Elon Musk and his tweets. This is really big power that people like Elon hold.

Neither he is coming on TV, or live in some shows or announcing publicly that he is investing nor he is making lucid statements about it.

All he would do is "conspiracy tweets". For example, yesterday's tweet "Doge Barking at the Moon". That's all guys and just after 22 hours it reached its ATH price and currently trading around it.

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

I think this just explains something about crypto at a glance,  the vast majority of crypto investors base their opinion on crypto influencers, typical example is Elon,  only a person with such influence can make a short tweet and boom! The whole market is on dogecoin frenzy,
To me, investment should be solely base on the project itself and not some tweet from a rich dude or prominent people,  on the other,  the need to make profit is much stronger.

[Koro-Sensei]

Yes, there must be on-going discussion about this already but I could not resist myself after seeing how DOGE is getting influenced by Elon Musk and his tweets. This is really big power that people like Elon hold.

Neither he is coming on TV, or live in some shows or announcing publicly that he is investing nor he is making lucid statements about it.

All he would do is "conspiracy tweets". For example, yesterday's tweet "Doge Barking at the Moon". That's all guys and just after 22 hours it reached its ATH price and currently trading around it.

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

I don't hate DOGE coin but it is an overvalued asset. Started as a joke coin and now being on top 10 cryptocurrency. It really shows how Elon massively hyping up this joke coin and his influence is really helping a lot.

[Ezravdb]

Jeez. You are right Elon Musk tweet was very influential with DOGE . on several occasions I took advantage of this moment to buy Doge. to be precise today Doge reached the milestone with the highest price. i even saw some pretty crazy DOGE volume on the binance exchange. It is true that the rich play this role, we just celebrate and toast.

[jrrsparkles]

Yes, there must be on-going discussion about this already but I could not resist myself after seeing how DOGE is getting influenced by Elon Musk and his tweets. This is really big power that people like Elon hold.

Neither he is coming on TV, or live in some shows or announcing publicly that he is investing nor he is making lucid statements about it.

All he would do is "conspiracy tweets". For example, yesterday's tweet "Doge Barking at the Moon". That's all guys and just after 22 hours it reached its ATH price and currently trading around it.

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

These bumps are actually bad for the real DOGE holders, because when people recognize that DOGE is one of the highly manipulated coin by someone then they will surely lose their interest on it and then the future will be darker for them. It is good to see the price increasing but sadly people are doing crazy things and investing millions of dollars just for a single tweet.

You guys need to be aware all the time because in the next few days he will make another tweet like which can cause dump on DOGE price.

[Republikcoin.com]

I have had DOGE for a long time, not much because I just want to collect it and have proof that I have had it for a long time. There was no reason to invest in DOGE when I bought it at Indodax , But the price jump caused by a tweet from a rich person, it changed my interest in DOGE, I know I got a lot of money, but I hate that nowadays DOGE is driven by a tweet.
Now it's not fun to own DOGE because a lot of people are starting to take their very high technical knowledge seriously and talk about prices and the future.

"Doge" is our fun, friendly mascot! The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and represents Dogecoin.

[redwine49]

Yes, there must be on-going discussion about this already but I could not resist myself after seeing how DOGE is getting influenced by Elon Musk and his tweets. This is really big power that people like Elon hold.

Neither he is coming on TV, or live in some shows or announcing publicly that he is investing nor he is making lucid statements about it.

All he would do is "conspiracy tweets". For example, yesterday's tweet "Doge Barking at the Moon". That's all guys and just after 22 hours it reached its ATH price and currently trading around it.

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

10 rich list addresses hold nearly 50% of the total supply
i would like to say  "nooooo i am not doge holder".... dogecoin is no longer decentralized.

I only buy doge when it's down and sell when it's high

[DapanasFruit]

There is no denying how some personalities can have a lot of influence and power over some digital assets. What we are seeing with the relationship between Elon Musk and Dogecoin can be a very amazing story. But that is just half of the story because no matter how powerful or influential a person is perceived to be if the market will not anymore be listening that perceived power can be inutile. The fact is that there are many who are listening to anything what Elon is saying even if they can be vague at times. I would say that it must be a fusion of two things: the  credibility that many are bestowing on Elon and the critical number of people who are subscribing to his credibility.

[bakasabo]

Being rich is only a part of influence. You have to be famous also. And be famous for something innovative. There are a lot of cases when celebrities invest in cryptocurrency and there is not impact on the market from that. Take for example Floyd Mayweather, who earns tens and hundreds of millions US dollar each fight. He once have invested in cryptocurrency and nothing happened. Or Mexican Billionaire Reveals 10% of His Liquid Assets Are in Bitcoin and Bitcoin price did not show a madness increase.