Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run?

[bakasabo]

In the year 2017 cryptocurrency prices were pumped by ICO phenomenal. It was the time when it was easy to raise money and do what ever project wants. Year 2020 growth started Elon Musk and traders pumped the price.
Another bull run will start when something new appears in crypto imo. Something that will allow quick and easy start. I'm sure enthusiasts will come up with something new and innovative, they always do that.

[WalkerIVIV]

And what will happen next? Elon is going to promote some unknown coins like CRP and other green stuff? Will it work or it's profitable for already stable coins only? As I know, Chia became popular just after Elon mentioned it. So it's a new way of promoting things?

it looks like he will not do that again consider SEC already warned him about his tweet. It can be done only with a guy that has multi million followers like elon or another billionaire.
It can't be done by the small influencer because elon was on the different level. he owned a major company and he was also known as a guy who has been making spacex.
he will not do that again

[Skinny48]

Go home boys  the bull market is officially over, won't happen in an instance but gradual process which can take weeks or even months, start preparing for another BTC halving circle and this time be more smarter, if you think that crypto market isn't fully manipulated you will never learn

[imamusma]

And what will happen next? Elon is going to promote some unknown coins like CRP and other green stuff? Will it work or it's profitable for already stable coins only? As I know, Chia became popular just after Elon mentioned it. So it's a new way of promoting things?

Let's wait for the results, because in general Elon Musk always manages to make promotions on every coin including meme coins, so let's see what will happen to the new CRP coin, whether it will be popular or not.

[domoy77]

Hmm, I think Elon is treating this like some kind of game. On the other hand, what prevents him from doing this?He already has a lot of money and fame.

Obviously, Elon Musk has always played his game and role in this world including the crypto world, because he already has financial power that no one else has so that whatever he likes he can do without having to wait for the next day.

[Oasisman]

Why doesn't he mention any of them? Which one do you think needs such a kick?

Elon is trying to manipulate the market. So, you shouldn't be expecting him to tweet something good to pump Bitcoin or any other alts in the market. He seems a bit quite now after making a bad statement about Bitcoin mining energy consumption, pulling the price down while majority of alts followed suit.
This will be a good accumulation period for Elon and co.
I'm not gonna be surprised If he will tweet another bad statement about Cryptocurrency to further pull the price down.
So, I guess you guys need to stop following what Elon has been uttering about cryptocurrency.

[wajik-tempe]

Bitcoin is, but the dogecoin is just a joke made by people and pumped by elon. i think right now elon is not promoting doge coin anymore and the price keep falling down hard. But there is a chance that elon doing this by purpose of buying more of it and when he is already hold bags of doge he will say something about it again and the price will pump again

[iTradeChips]

I couldn't possibly imagine the possibility that the events unfolding right now in Bitcoin and crypto in general, might be orchestrated and deliberately planned by those people who want to see it fail. China is a country that for one, can flex its bureaucratic muscles so Bitcoin will be shunned in favor of their Digital Yuan. Elon on the other hand, who is an influential figure in his own right, a billionaire and innovator, who can influence millions, will also do some manipulation by releasing statements in social media for everybody to see. Expect that this is not over yet for Elon.

[Kasabus]

Elon can turn crypto into bear or bullish market in just a single tweet. Not surprising if Elon will tweet something about Dogecoin and then the price will increase. Elon like Doge and support Doge. I also think he gain so much every time he tweed whether negative or positive message. I don't know if there's another bull run but something we can see it as long as 2021 is not yet over.

Elon has manipulated the market in the previous months through the rapid increase of value of bitcoin and doge coin but i don't think that he will still manipulate the next bull run in the crypto market soon.

Seeing the capacity of bitcoin to recover every time its value falls, with or without the tweet from Elon, bull run will definitely come. I felt scared for those investors who depend much from Elon for their coins to invest whenever it hyped because Elon for sure cannot affect the whole crypto market in the long run. Eventually it will come to an end as expected.

[finaleshot2016]

Bullruns can happen at any moment as long as there are a large number of crypto investors. For example, Q4 is always marked as a time when bull runs are likely to occur because all of the traders have the same mindset. So, in my opinion, a bull run is a distinct possibility that may occur unexpectedly.

Another factor is Elon Musk's control of the market; he has enormous sway over the public, therefore we will undoubtedly recover.

[Renampun]

And what will happen next? Elon is going to promote some unknown coins like CRP and other green stuff? Will it work or it's profitable for already stable coins only? As I know, Chia became popular just after Elon mentioned it. So it's a new way of promoting things?

honestly, in terms of innovation, I like Elon but in crypto, I hate him because he sometimes promotes shitcoin...

Elon has a strong influence, this is undeniable but newbies who are crazy about him will definitely believe his tweets. when he promoted dogecoin there I thought that he didn't understand the purpose of satoshi creating crypto.

[Sethrey]

honestly, in terms of innovation, I like Elon but in crypto, I hate him because he sometimes promotes shitcoin...

Elon has a strong influence, this is undeniable but newbies who are crazy about him will definitely believe his tweets. when he promoted dogecoin there I thought that he didn't understand the purpose of satoshi creating crypto.

Okay, let's imagine you're a great influencer Will you promote a coin like this https://utopia-ecosystem.com/ ? Crypton can be mined on almost any PC with just an internet connection. Moreover, it's eco as it doesn't require any additional electricity fees. I'm just interested in what is more exciting for crypto miners nowadays.

[Golftech]

And what will happen next? Elon is going to promote some unknown coins like CRP and other green stuff? Will it work or it's profitable for already stable coins only? As I know, Chia became popular just after Elon mentioned it. So it's a new way of promoting things?

honestly, in terms of innovation, I like Elon but in crypto, I hate him because he sometimes promotes shitcoin...

Elon has a strong influence, this is undeniable but newbies who are crazy about him will definitely believe his tweets. when he promoted dogecoin there I thought that he didn't understand the purpose of satoshi creating crypto.

Newbies who followed him from the institutional investment will surely believes on him, thise who doesn't

have any idea with crypto will blindly invest once they've seen him tweeting or advertising certain project,

just the same with what happened with Doge, he made this coin to pumped so hard and now many regrets

participating without wider knowledge.

[Starkick]

honestly, in terms of innovation, I like Elon but in crypto, I hate him because he sometimes promotes shitcoin...

Elon has a strong influence, this is undeniable but newbies who are crazy about him will definitely believe his tweets. when he promoted dogecoin there I thought that he didn't understand the purpose of satoshi creating crypto.

Okay, let's imagine you're a great influencer Will you promote a coin like this https://utopia-ecosystem.com/ ? Crypton can be mined on almost any PC with just an internet connection. Moreover, it's eco as it doesn't require any additional electricity fees. I'm just interested in what is more exciting for crypto miners nowadays.

I think I saw something about this coin. There is a lot of talk about her on Twitter. If I understand correctly - the main idea is green mining. If this is the case, then this project will sell itself. Especially in view of the chia scandal.

[imstillthebest]

honestly, in terms of innovation, I like Elon but in crypto, I hate him because he sometimes promotes shitcoin...

Elon has a strong influence, this is undeniable but newbies who are crazy about him will definitely believe his tweets. when he promoted dogecoin there I thought that he didn't understand the purpose of satoshi creating crypto.

Okay, let's imagine you're a great influencer Will you promote a coin like this https://utopia-ecosystem.com/ ? Crypton can be mined on almost any PC with just an internet connection. Moreover, it's eco as it doesn't require any additional electricity fees. I'm just interested in what is more exciting for crypto miners nowadays.

why will i ? that looks like a shitcoin .
sorry im not a shitcoin supporter but if elon sees it , the coin has a chance because elon likes a coin that are less energy consuming . @renampun elon is a smart guy .
 he understand the concept of btc but he didnt like btc because of some reasons but he could chose a better coin than the coins he have now and he can gain more support than hate .

[Sethrey]

why will i ? that looks like a shitcoin .
sorry im not a shitcoin supporter but if elon sees it , the coin has a chance because elon likes a coin that are less energy consuming . @renampun elon is a smart guy .
 he understand the concept of btc but he didnt like btc because of some reasons but he could chose a better coin than the coins he have now and he can gain more support than hate .

Haha, really? He'd supported chia not long ago and what? Chia felled three times what is a real disaster for miners. I've told from the very beginning that it's just hype and investing in it is insane. Now probably only reach people could get something from it. Especially the creators. All the others lost everything. So by your logic, if Elon will mention CRP you will forget your words that it's a shitcoin and will run and mine it. But there's a difference - you'll never lose as you don't have to invest.

[Starkick]

Is there really someone else who believes Elon's comments?
It's funny, but this whole story seems like a big joke to me. But unfortunately, many users have lost a lot of money.

[Sethrey]

Is there really someone else who believes Elon's comments?
It's funny, but this whole story seems like a big joke to me. But unfortunately, many users have lost a lot of money.

If that's the question, then the answer is Yes, because Elon's followers are very large, not only about people on this forum, but also many people outside this forum who follow Elon Musk.

But what forces them to follow all his words not making their own research?  I'm happy that I'm not used to such behavior. As I don't want to lose my money for anything.

[alevlaslo]

[bocyaj]

Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.

What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?

Ripple are going to rock the market one day.If you had a unused money, you should have a try of XRP. You can buy a bulk amount and sell at good price when the market pump. Holding for the desired result is the important one. Because holding makes a good results for many times.