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maartenhaha
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July 31, 2021, 09:13:28 AM |
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that is the true answer why elon musk continuesly shilling doge coin, profits be main his purpose involved in this market. He saw this market have huge potency to growth more than current condition , he exactly right when use his power to influence investors in doge.
Elon Musk popularity was initially highly appreciated by many as he is the richest person in the world and also involved in crypto, but all he did was increase the manipulation of doge coins rapidly for his own profit purposes. Now his talk is no longer being responded to by investors and traders. |
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indah rezqi
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July 31, 2021, 11:07:42 AM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
Elon Musk interest in Dogecoin is a personal matter for him in my opinion. I think your question is good to find the answer for us to make a strategy in choosing our coin of choice. For me, we can learn from Elon Musk who is more interested in Dogecoin than BTC and ETH. |
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cunguks
Full Member
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Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
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July 31, 2021, 11:10:32 AM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
Elon Musk interest in Dogecoin is a personal matter for him in my opinion. I think your question is good to find the answer for us to make a strategy in choosing our coin of choice. For me, we can learn from Elon Musk who is more interested in Dogecoin than BTC and ETH. From what I see, Elon must have considered a very strong holder, price, and market. dogecoin is not a new asset in the crypto market. they are very long, sticking with their loyal community. Dogecoin grew their market that was once seen as worthless, so now Elon knows how much potential he can make for the huge Dogecoin market. |
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David.Jack
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July 31, 2021, 01:52:28 PM |
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Elon is invested with a lot of Dogecoin that why he is tweeted about Dogecoin to make it more popular and profitable for his individual investment.
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indah rezqi
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August 01, 2021, 06:59:12 AM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
Elon Musk interest in Dogecoin is a personal matter for him in my opinion. I think your question is good to find the answer for us to make a strategy in choosing our coin of choice. For me, we can learn from Elon Musk who is more interested in Dogecoin than BTC and ETH. From what I see, Elon must have considered a very strong holder, price, and market. dogecoin is not a new asset in the crypto market. they are very long, sticking with their loyal community. Dogecoin grew their market that was once seen as worthless, so now Elon knows how much potential he can make for the huge Dogecoin market. It's not wrong friends. That Dogecoin is not a new coin in the crypto space. That's why I say that Elon Musk's interest in Dogecoin is a personal matter. I'm sure, with Elon Musk's persistence on the glorified coin, surely one day he will get what he wants or his goal. Likewise with me who is interested in BTC. |
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iged_war
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August 03, 2021, 02:50:55 PM |
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The reason is simple. it's profitable, and it's more profitable and easier to control than Bitcoin or Ethereum. Furthermore, I can't think of any other reason.
But I'm curious as to why Elon Musk chose Dogecoin over other cryptocurrencies. Is it because there are so many members in the Dogecoin community? Only Elon Musk, I believe, could provide an answer to this topic.
as fun token maybe elon musk thinking it will attract new buyer if shill this coin. and also i see another purpose why elon musk shill doge coin , as ever said in his tweet elon said mass cryptocurrency was needed so everyone could have it. And if look from doge coin supply maybe be reason of this tweet. since of that we see alot new project with billion supply and unfortunately investors trapped on market cap analisys and ignore another important factors. |
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seramania
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August 03, 2021, 02:53:28 PM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
I think my assumption is that Elon Musk has a deal to deal with the Dogecoin team. they have a specific purpose why elon musk chose doge. I don't think it's a coincidence but it's been planned for a long time. |
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5thFear
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August 03, 2021, 03:08:47 PM |
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Well, if you haven't figured it out, Elon is and was never interested in Doge. He used it as a decoy. His main investment went into Bitcoin. Also i believe that he would have invested in doge before tweeting about doge and then cashed out. Made a fool of the rest of the crypto community and would had made good profits.
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mamesso
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August 03, 2021, 03:34:57 PM |
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Elon musk is a reliable investor in the crypto market, and he was the number one person in the tesla company which made him one of the most influential people. This opportunity was used by Elon Musk to increase the prestige of Dogecoin, he bought as many dogecoin as possible before making some silly tweet about doge on his twitter account, Just look at Elon Musk followers on his social media account, he used his fame for personal gain, although some of his followers can get results from the elon musk effect, but not as much as he got.
my assumption, Elon Musk isn't that interested in Dogecoin, he only uses doge for his personal gain. The proof is that Elon Musk is like a mute and there is no action after the doge drop to a low point.
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haasanjui
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August 03, 2021, 03:37:51 PM |
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Dogecoin is released in 2013. It is altcoin with many users. Elon musk twitter one word "Doge" and then its price rose 20%. I not now why Elon Musk interested in Dogecoin. Elon musk made many twittes about Dogecoin which take Dogecoin price on moon. Maybe Elon making famous it for his own benifit but it is uncleared that how much Elon invested in Dogecoin. Maybe there is an other reason. Maybe Elon purchased Dogecoin and after giving fame to the coin he sold it and got big profit.
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Macadonian
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August 03, 2021, 04:03:06 PM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
I saw Dogecoin having a huge price hike when Elon tweeted, The real fight is between fiat & crypto. After considering it, I support the latter. Musk has previously compared bitcoin to other coins and has frequently tweeted about cryptocurrencies, causing bitcoin and dogecoin to fluctuate in value. This is what causes Dogecoin to go higher, it's just that we are waiting on which Altcoin Elon will provide support. I don't know for sure the real reason why support Dogecoin. elon promoting dogecoin is not good even if it is a cryptocurrency it makes Bitcoin look bad because instead of promoting a legitimate currency like Bitcoin he choose to pick a meme coin which has now branded Bitcoin as a joke. |
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wheelz1200
Legendary
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Activity: 3612
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August 03, 2021, 04:38:57 PM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
It's a complete joke to him. The power he can get from turning people on to a complete joke probably is just a power trip. Doge offers nothing to the crypto sphere. It's just a clone joke coin based on memes. There is no way any real company takes it serious and actually utilizes it as a payment source. |
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wheelz1200
Legendary
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Activity: 3612
Merit: 1406
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August 03, 2021, 04:41:40 PM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
It's caused by he was an agenda for doge coin. Remember that elon was mentioning on his tweet if he needs a crypto that can be used in mars and doge coin is including on his project. he was also buying lots of doge coins and you must see that there are some addresses that owned more than 50% of total supply. Elon will not buy something if that will not be really useful for him. The communities have been talking about this since at the end of last year. Lol how do some addresses own more than 50% of the coin. I mean doesn't math tell you only one address could ever own more than 50% of anything. If you mean some addresses combine to own 50% of the coin those are just exchange addresses. It's a shame but most new people enjoy leaving their crypto on exchanges and use them as a wallet...the pain they will eventually see by that decision will hurt. Hard lessons will be learned. |
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tanjiran
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August 03, 2021, 07:31:34 PM |
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we never know why Elon Musk was interested in Dogecoin, maybe he was just joking, or maybe Elon did invest huge sums in Dogecoin, and used his fame to raise Dogecoin for his own profit, but for sure, Elon has disappointed many people because he was considered very inconsistent.
if only investing maybe Elon Musk should choose ETH or BTC at once which has great value. besides that elon musk has big money in his account. maybe it's obvious that doge and elon musk have a pact to create hype and have managed to make a splash in crypto this year. at least a cheap transaction fee makes doge an alternative, I often use doge to move assets. only EM knows the reason. we can only guess, I don't know, maybe EM is just doing this for fun, or testing its influence in the crypto world, or indeed there is a special collaboration with doge. What is clear is that his tweets had a big impact, many followed him and made a profit, but many also lost because of panic buys and fomo. I'm not interested in following trends like that, I'm not comfortable, it's better to do independent analysis. |
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Macadonian
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August 03, 2021, 07:47:20 PM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
It's caused by he was an agenda for doge coin. Remember that elon was mentioning on his tweet if he needs a crypto that can be used in mars and doge coin is including on his project. he was also buying lots of doge coins and you must see that there are some addresses that owned more than 50% of total supply. Elon will not buy something if that will not be really useful for him. The communities have been talking about this since at the end of last year. Lol how do some addresses own more than 50% of the coin. I mean doesn't math tell you only one address could ever own more than 50% of anything. If you mean some addresses combine to own 50% of the coin those are just exchange addresses. It's a shame but most new people enjoy leaving their crypto on exchanges and use them as a wallet...the pain they will eventually see by that decision will hurt. Hard lessons will be learned. A lot of altcoins are 50% ownership by one person dogeoin might be as well not one address but one person as that one person could own multiple addresses. |
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albon
Legendary
 Online
Activity: 1694
Merit: 1371
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August 03, 2021, 08:33:16 PM |
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Many have made huge profits by investing in Dogecoin and many have lost a lot of money. I don't know the real reason for Elon Musk's tweet about Dogecoin again and again. However, I think Elon Musk has made a hype about Dogecoin and made a lot of money from it.
I think an investor and a big businessman like Elon Musk chose a meme coin like dogcoin in order to support it and influence it with his wide popularity so that he would be part of the crypto world and prove to all businessmen that he is a genius and can invest in this cryptocurrency and achieve success and other huge wealth beside his wealth. |
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magnum cyber
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August 03, 2021, 10:42:43 PM |
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It's possible that Elon has big plans for the coin for the development of his business, with Elon's entry into Crypto certainly having a strong enough impact when he makes a statment so that the possibility of Elon entering Doge will also have a big breakthrough in it, we'll see what will happen happened to Dego in the next few years.
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Bitcoinjheta
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August 03, 2021, 10:59:32 PM |
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Elon Musk interested to support Dogecoin because they know there are many investors who have invested those two top coins in the market. By his influence and through his wealth he can do whatever he want because he is capable of doing anything especially in this decentralized market.
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Hannahanto
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August 03, 2021, 11:22:31 PM |
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As, we know that Btc & ETH are the top two Crypto in the market but I am confused why Elon interested in Dogecoin?
Elon musk is a big holder of bitcoin already I don't know if he invested on Ethereum but for the fact that he's putting interest and taking doge to the moon got me confuse. They is no way he'll do such hype he did without getting commissions from the team or its just his own way of strategising the market, Elon is a top influencer and can spike a fall or rise of price in market |
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kawetsriyanto
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Free Bitcoins Every Hour!
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August 03, 2021, 11:57:18 PM |
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~snip~ we'll see what will happen happened to Dego in the next few years.
Dego or Doge?  Well, I have no idea about the future of Dogecoin although it is already on the top 10 crypto coins. I just doubt if Elon Musk only takes advantage of Dogecoin, he seems not really serious to support Dogecoin for a long time. How if he forgets to make a tweet about Dogecoin in the next few years? In my opinion, I don't see a strong reason for Elon Elon Musk to support Dogecoin. If he tweets about Dogecoin nowadays, he may take advantage of the situation that people take attention to him because his tweets look unusual. He will stop it any time once he realizes it has no effect anymore. |
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