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Author Topic: Elon Musk please stop messing up the crypto market  (Read 3126 times)
virasog
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May 08, 2021, 01:14:13 PM
 #221

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Isn't it is the responsibility of the newbies traders and investors who first gain the knowledge and then invest in the right coins. Even if the Elon Musk stop doing tweets about dogecoin, there are many other famous persons including youtubers who will shil their coins and get you trapped in shitcoins.
Better get the knowledge and stay strong, so such tweets won't make you buy the shit coins.

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Lorence.xD
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May 08, 2021, 01:20:38 PM
 #222

~
I'm now sure how long will he managed to continue this stupidity but one thing i believe is that Sooner or Later His Popularity will last , ANd may be blamed by many because of their losses.
As long as he doesn't get into a controversy that is pretty awful, I think that his prominence won't waiver. Elon is the CEO of the people and I think that as long as his following is still big, it won't change for a long time.

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May 09, 2021, 08:53:17 PM
 #223

The doge was created as a joke, and there will be no more creation. As a consequence, there is no way to deduce the underlying variables. Influencer pumping is the primary source of this coin meme's flow. Let's see how the economy recovers from the recession for the time being; DOGE has already collapsed, and many people are wailing about being stuck on top.
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May 09, 2021, 08:57:36 PM
 #224

As I said from the beginning, people like Elon have no benefits to the market, but harms. As long as people buy believing the word of such people, they will lose money in my opinion. They may win in the short term, but they will lose money in the long run.

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May 09, 2021, 11:41:26 PM
 #225

As I said from the beginning, people like Elon have no benefits to the market, but harms. As long as people buy believing the word of such people, they will lose money in my opinion. They may win in the short term, but they will lose money in the long run.
Many have benefited a lot by following his tweets. But most people have lost their hard-earned money I am one of them. I lost $16,000. Just fuck Elon Musk

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May 10, 2021, 10:41:54 AM
 #226

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

This is also my sentiment. A lot of newbie learned crypto because of him shilling doge and most of these newbies don't know the background of dogecoin at all. They just jumped the hype train not knowing what they are going into. If the person holding the 28% of current supply of dogecoin or maybe just the top 10 whales holding it, these newbies could surely lose a lot of money and this will just be a bad image overall for crypto.
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May 10, 2021, 10:58:05 AM
 #227

I feel like we are in September 1929. cases like this usually happen before big balloons burst. when the bubble bursts, nobody knows anybody.
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May 10, 2021, 11:13:26 AM
 #228

I feel like we are in September 1929. cases like this usually happen before big balloons burst. when the bubble bursts, nobody knows anybody.
What event on September of 1929 are you talking about exactly? Did a lot of people shilled for something that time about some like what is happening with DOGE or something?
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May 10, 2021, 12:08:00 PM
 #229

I feel like we are in September 1929. cases like this usually happen before big balloons burst. when the bubble bursts, nobody knows anybody.
What event on September of 1929 are you talking about exactly? Did a lot of people shilled for something that time about some like what is happening with DOGE or something?

There were those who feared excessively high stock prices. but they took more to get rich.
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May 10, 2021, 12:19:17 PM
 #230

He's obviously manipulating the market for his own good. He has done it with Bitcoin a few months ago and after gaining a huge profit, it switched to Dogecoin and it's crazy that lots of his followers are listening to whatever he says. He's now using his popularity to get richer in crypto. As for me, he's just taking advantage of his fame to manipulate investors.
He is not switching on and off with Bitcoin and Dogecoin, he is consistent with his Dogecoin shilling which he is doing for the past few years and now for the first time we heard about his company investing in Bitcoin.
Since there are many debates going on in the social network about whether Elon Musk is manipulating the market he just dissed the Dogecoin by talking about it in an interview he said it was a hustle and that shock the market as it went down drastically as if no one knew what was happening Cheesy.
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May 10, 2021, 12:58:21 PM
 #231

Elon Musk is a known person and also he has the power to do the things he wants to like the surge of the dodge coin there are a lot of people who makes an investment with this coin and right now they are suffering to the drop of the coin because of the unexpected downtrend on the market this is the mistakes of them they are just getting dependent from the statement of other people not just making their own research about the coin itself. Every time he tweets there are a lot of surges and dumps of the market because some people trust him of course only those newbie ones are the ones getting caught with these traps. It is better if we keep ourselves knowledgeable and not expect a blessing came from other people.

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May 10, 2021, 01:11:00 PM
 #232

His fame is making someone poorer and himself richer. Its sad that these investors haven't read the vision of the Doge coin team and jump into Doge due to Elon's popularity. I believe they would suffer in the end when Elon sell of his coin. Sadly for them.

Not so sure about that at least not for those who were already holding Doge. If Bitcoin now goes down it is the same deal, some people are going to lose money.

What is absolutely out of this world is the price of Doge that Musk it at least partially responsible for. Who else would have been able to pump that coin like that?

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May 10, 2021, 01:27:07 PM
 #233

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.
I realized a long time ago that Ilon Musk is a good marketer and he makes money from his crowd. I think you need to be too naive not to understand, that he is using Twitter for his advantage. I would do that too.

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May 10, 2021, 03:34:38 PM
 #234

I won't call it messing the crypto because he has an investor who has a coin to sell and promote, he will use everything to convince one to see the need to hold the coin. Good for all the holders of Dogecoin.

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May 10, 2021, 04:27:10 PM
 #235

~
I'm now sure how long will he managed to continue this stupidity but one thing i believe is that Sooner or Later His Popularity will last , ANd may be blamed by many because of their losses.
As long as he doesn't get into a controversy that is pretty awful, I think that his prominence won't waiver. Elon is the CEO of the people and I think that as long as his following is still big, it won't change for a long time.
I believed Elon Musk is doing all  this to get attention due to his massive investment in  DOGE thus trying to influence it price, I agreed with you that sooner or later people won't pay more attention to whatever he twitted he is more or less the rave of the moment  using his infuence to dictate the price  of DOGE his actions may rekt many newbies account who wanted to earn huge profits on investing in DOGE,

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May 10, 2021, 04:50:17 PM
 #236

I believed Elon Musk is doing all  this to get attention due to his massive investment in  DOGE thus trying to influence it price, I agreed with you that sooner or later people won't pay more attention to whatever he twitted he is more or less the rave of the moment  using his infuence to dictate the price  of DOGE his actions may rekt many newbies account who wanted to earn huge profits on investing in DOGE,

SpaceX launching satellite Doge-1 to the moon next year

What happens after this tweet? Elon Musk continues to make surprises where he states that the first cyrpto in space will certainly be a big influence in a moment for beginners where they will take things they want to even hold until SpaceX launches next year.
But here's the fact that we can't stop what Elon Musk wants from continuing to doge for something valuable in the future, so many people will think that Doge actually has an extraordinary mission from the spaceship.

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May 10, 2021, 04:58:13 PM
Last edit: May 10, 2021, 05:08:53 PM by virtualdn
 #237

I believed Elon Musk is doing all  this to get attention due to his massive investment in  DOGE thus trying to influence it price, I agreed with you that sooner or later people won't pay more attention to whatever he twitted he is more or less the rave of the moment  using his infuence to dictate the price  of DOGE his actions may rekt many newbies account who wanted to earn huge profits on investing in DOGE,

SpaceX launching satellite Doge-1 to the moon next year

What happens after this tweet? Elon Musk continues to make surprises where he states that the first cyrpto in space will certainly be a big influence in a moment for beginners where they will take things they want to even hold until SpaceX launches next year.
But here's the fact that we can't stop what Elon Musk wants from continuing to doge for something valuable in the future, so many people will think that Doge actually has an extraordinary mission from the spaceship.

This tweet doesn't mean much but of course his followers are already in trance.

Some company paid with Dogecoin to launch their satellite (because Musk asked them to) and he is using this to hype the coin more. 1 year guaranteed!

They could have paid with BTC or LTC or $ so nothing extraordinary here.

It's obvious he is making a lot of money with Dogecoin and poor kids are fueling his rockets.

He cannot hype BTC like Dogecoin because Tesla has BTC and he may be accused... smart guy.

Biggest manipulator of the century this Musk is.

1 BTC = 1 BTC
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May 10, 2021, 05:00:21 PM
 #238

I can't understand why everyone is so up in arms against Elon Musk? This guy supported the market much more with his statements than the facts of buying and then selling 10% of the bought bitcoins. His twitter statements clearly show this. Thanks to his statements and position, the community of cryptocurrency users is expanding, which in my opinion is valuable in itself. His investments also play a positive role and give a signal to other big investors to buy, and as a result, this affects the rise in the price of bitcoin. Then what's the problem?

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May 10, 2021, 08:38:44 PM
 #239

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

It shows how shallow and manipulative he really can be each time he tweets about Dogecoin. You just know that he threw substantial sums of money into it after seeing how he could make hundreds of billions by sending out a message via social media. It is more of an ego trip than anything else and likely showing off to friends as well. He jumped into cryptocurrency after the SEC started to clamp down on his stock market abuse - whether you like short sellers or not, intentionally lying to investors that he had (fake) investment coming in was a serious crime and others have been sent to jail for similar fraudulent statements. They did not go far enough in punishing him quite frankly and he continued to take potshots at them afterwards. A lot of financial institutions likely made big money off the latest appearance on SNL, the trend and crash was fairly predictable, as always the "little guy" ends up crushed.

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May 10, 2021, 08:46:41 PM
 #240

Biggest manipulator of the century this Musk is.

I vote you the biggest Musk and Doge hater on BTCTALK.

By the way that is not a good thing.

FYI:
While you been bashing Musk and Doge, Bitcoin started a nose dive in Price.
Something you don't get, Bashing Musk & Doge , just feeds into the Bashing all Crypto, which will even hurt your beloved BTC.
Because the average investor lumps all crypto into one, which is why when Doge pumped , the whole market pumped,
now that Doge is dropping the entire market is dropping.
 
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