DOGE is living proof of Influential Power of Rich People!

[XCANA]

The rich as we know are the people moving the market, so, Elon Musk be an enthusiasts of the Dogecoin and always tweet about the said coins to shill around, make alot of sense. Dogecoin is the best coin that has work for me ever since i joined the crypto world. The amount i was holding in the past wasn't much but when the price of the coin was shilled by the same Elon Musk, i discovered that i was honorably rich, so, the rich influential power actually work on crypto-market. 

[jacafbiz]

People like Elon has great followers and if 10% of his followers buy into what he is promoting the price will surely pump the way Doge pump, but I see this has opportunity to make money, nothing else if you can beat them you join them, make cool money and move on, but I pity those buying Doge and thinking it has more room to pump

[HanaTenun]

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.

Yes, I also agree that as we all know Elon Musk is one of the most influential people in cryptocurrency just through a tweet on Twitter about Dogecoin.
And boom.
Dogecoin price went up and made its new ATH, many of elon musk followers bought Dogecoin after seeing elon musk posts and tweets very easy for him to move the market price.  It is very possible that if this continues, Dogecoin will reach $ 2 or even $ 5.
I can't wait for it.

[Sanitough]

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.

Yes, I also agree that as we all know Elon Musk is one of the most influential people in cryptocurrency just through a tweet on Twitter about Dogecoin.
And boom.
Dogecoin price went up and made its new ATH, many of elon musk followers bought Dogecoin after seeing elon musk posts and tweets very easy for him to move the market price.  It is very possible that if this continues, Dogecoin will reach $ 2 or even $ 5.
I can't wait for it.

I can't wait on the dump.. the moment DOGE will dump from $2 or $5, I guess there would be a huge effect on the market and suddenly the market will be bearish.. This is just a hype, after the hype, DOGE will fall down just like before, what really are the fundamentals why DOGE pump this high? Would that tweet enough to save the future of DOGE?

Elon is messing us up, we have to be careful in riding DOGE, at the end of the day, we made our decision, so we are responsible for it.

[spudorange]

I am completely new to this and will read up heavily before buying.

In regards to people like Elon Musk, when he buys a billion $ worth, if he loses out, it is written down as a tax loss against Tesla profits.

Us mere mortals (especially newbies like myself) will take the hit, having nothing to offset the losses.

Just my opinion

[sana54210]

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.   

Rich people do not really have anything we should look up to that would make us do what they tell us to do, so why they are influential is a weird thing. We admire their money, that's true, but it is their money we admire, it is nothing about them that is admirable at all. Anyone who has ever become a billionaire is a person who lacks paying for either taxes or donation, there are some capitalists who say "just because he made money, doesn't mean he has to share it" and that's called law, he "doesn't" have to share it of course, because if he doesn't, nothing happens.

However that doesn't change the fact that Elon is an unethical person, dude literally closed shop and fired EVERYONE when they joined a union, think about it, his working conditions are SOOOO terrible that when people join a union he rather closes everything up and take a huge loss instead of letting them work.

[Nivia1st]

the only reason people use doge is because the transaction fees for doge are so low. they can save a few $ on each fund transfer using Doge. this is probably the biggest use case for doge. besides the doge pump which is caused by elon musk, this reason also has an important influence in the doge pump.

[AliMan]

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'm not a doge holder for now, but I've reviewed this coin and it went great then I brought this up to my brother because this was performing very well for the past week. It's also been a week and not my bro was already earning good profit from the last spikes of doge.
Though it seems he got good profit during the quick pumps, he prefers to have a mindset for long term holding because that's the safest ways to do and been taking targets until $1 per doge.

[mulia sabee]

The increase of up to 100X is indeed quite fantastic. for holders who bought in 2018, of course, now they have got quite a high profit. even if you only start with 100 $ then you are already making fantastic profits. Unfortunately we all cannot predict regarding the doge whether it will rise high as it is or not. Elon Musk played a high role in the increase that occurred in Doge coin at this time

In my opinion, most Doge holders since 2018 have released and chose other coins. That is because the movement of the Doge before the arrival of Elon Musk only moved slightly, of course now many previous Dogecoin holders are disappointed with today's price increase.

[darewaller]

The increase of up to 100X is indeed quite fantastic. for holders who bought in 2018, of course, now they have got quite a high profit. even if you only start with 100 $ then you are already making fantastic profits. Unfortunately we all cannot predict regarding the doge whether it will rise high as it is or not. Elon Musk played a high role in the increase that occurred in Doge coin at this time

In my opinion, most Doge holders since 2018 have released and chose other coins. That is because the movement of the Doge before the arrival of Elon Musk only moved slightly, of course now many previous Dogecoin holders are disappointed with today's price increase.

Yeah, you are right. I was one of the long-term holder of dogecoins but after seeing rdd coins were trading around 150 satoshi levels I started to think about switching to rdd so that I will be getting extra benefits by staking it. I sold some of my dogecoins and bought rdd and still staking it. Right now, rdd is trading below 10 satoshi.

If I were aware of Elon Musk's hand in dogecoins in 2021 then probably I might have taken that decision. But these are all just part of all investment opportunities hence I am not worrying but simply moving on to grab all other possible yet profitable opportunities.

[cafee_orange]

It cannot be denied that Elon Musk's role in supporting Doge is quite massive. and the impact of the current price hike is an example of how powerful Elon Musk is to make millions of his followers follow what Elon Says. Right now, if we look at there are so many influencers who are starting to support the development of cryptocurrency Regardless of the term that "Pump" in no time . Many like this, but many are against it

That's right, you say, nowadays most influencers are on the back line of Elon Musk and they are making a concerted move to increase the price of Dogecoin. but not only that, some of the challengers present today are to scare off investors who are now in the cryptocurrency space. I think that's a very ridiculous thing for the challenger to do

[aprilnot]

The increase of up to 100X is indeed quite fantastic. for holders who bought in 2018, of course, now they have got quite a high profit. even if you only start with 100 $ then you are already making fantastic profits. Unfortunately we all cannot predict regarding the doge whether it will rise high as it is or not. Elon Musk played a high role in the increase that occurred in Doge coin at this time

In my opinion, most Doge holders since 2018 have released and chose other coins. That is because the movement of the Doge before the arrival of Elon Musk only moved slightly, of course now many previous Dogecoin holders are disappointed with today's price increase.

Rather than being disappointed, I'm sure more are happy with the current doge's rise. doge is living proof that the power of influencers is extraordinary. doge is a coin that counts today even though no one took it seriously in the past. all thanks to the strength of the richest man.

[danherbias07]

No doubt. It's all manipulation and he had been doing it for his own profit.
If you are rich and had the power to shake the market for profit wont you do it too?

Doge showed him a faster way to earn money rather than selling all those electric cars. He just grabbed it.
Let's not forget he is also risking a lot of money here. If the strategy of hyping it in Twitter doesn't work then he will lose a lot of money too.
But it worked and we are now blaming him. Is it fair?

[kevinzxz]

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

calm down, everything will be beautiful in time and all you need to do is be patient and still HOLD your altcoin, but of course altcoin that you invest in must have a product and progress, because if not then the price of altcoin that you invest will be difficult to increase, therefore if altcoin that you invest in does have a product and progress, then you don't need to worry about the price, because I'm sure the price will definitely increase very high (you just need to be patient), therefore do not ever panic sell, because when the price increases very high and you have sold your altcoin, then of course you will definitely regret it.

[Muslimin mj]

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?

Elon Musk's influence is huge in the business world because Elon Musk is one of the CEOs and is destined to become the richest person in the world so many new investors have come to invest in cryptocurency due to his tweets and also his statements in various media. and I believe Dogecoin will continue to increase in the future.

[Ten98]

Rather than being disappointed, I'm sure more are happy with the current doge's rise. doge is living proof that the power of influencers is extraordinary. doge is a coin that counts today even though no one took it seriously in the past. all thanks to the strength of the richest man.

That's right, and when the richest person in the world stops caring about Dogecoin, then get ready to throw it away because I also really believe that the price will drop sharply in the market, because Dogecoin's resistance to high prices never lasts long.

[kak uli]

We must appreciate the strength of Elon Musk in marketing Dogecoin. I think that his influence is what made the Dogecoin price reach its highest price. Besides being able to materially support price hikes, Elon Musk is also able to invite other investors to support fluctuations in the price of Dogecoin. I think it's something really great.

[iTradeChips]

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).

Well, don't be sad. Do not be a sad bloke because you feel FOMO'ed into believing you are late at DOGE's party. If there is one thing that you can get from this, is that no one does not know what the future will bring. Not common blokes like you and me. I mean, I don't have any investment on DOGE nor bought a substantial amount of DOGE but that is totally fine and I don't feel regret nor any FOMO out of this. This FOMO is a negative trait that is being exploited by the rich and the powerful. Common blokes like you and me will be tempted to buy DOGE and then wait for the next bull, which I think will not happen. DOGE is a meme coin and it will stay that way.

[poodle63]

the only reason people use doge is because the transaction fees for doge are so low. they can save a few $ on each fund transfer using Doge. this is probably the biggest use case for doge. besides the doge pump which is caused by elon musk, this reason also has an important influence in the doge pump.

Now the amount of peolpe who heavily speculates this coin has outnumbered the people who used it just for sending money, simply put if people were truly in need of sending money with requirement of low fee they should've gone to Tron or other coins that have relatively low fee instead since they gonna use the coin temporarily anyway but with dogecoin, as the demands itself reflect that most of people only buying it if it got shilled by elon. Nonetheless doge still good enough for sending money, I personally use it quite frequently because the current hype also helps provide liquditiy, and it's crazy actually how doge market could move so fast and the buy orders were so many.

[poldanmig]

We must appreciate the strength of Elon Musk in marketing Dogecoin. I think that his influence is what made the Dogecoin price reach its highest price. Besides being able to materially support price hikes, Elon Musk is also able to invite other investors to support fluctuations in the price of Dogecoin. I think it's something really great.

With a large amount of money and also followers. What is written or said, elon musk, especially in the investment world, especially at this time, cryptocurrency will certainly have an effect. What is certain is that if you follow the Elon Musk and follow the recommendations it will be gambling because of the high increase in a short time because the sentiment will experience a high dump in a short time.