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

[Abiky]

It doesn't seem absurd to anyone. It makes perfect sense. The smaller the market, the less money it takes to influence it. The cryptocurrency market is still very small and therefore can be influenced without spending huge amounts of money or effort.

That tells us we're still in the eaely days of crypto. Just wait until the masses get in, and market prices will never be the same. There's only one way Bitcoin and other prominent coins can go. And that's up in market price. With countries now getting into the game, it should only be a matter of time before the market grows bigger than ever. This should stabilize most crypto market prices or at least minimize volatility by a considerable margin.

If you've got "diamond hands", then just buy, "hodl", and forget about the rest. Otherwise, crypto is not for you. Bitcoin has already been classified as the best-performing asset of 2023, beating stocks and even Gold. Who knows if we're destined to become the next crypto millionaires in the not-so-distant future? Just my thoughts

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[s.tanishka]

It doesn't seem absurd to anyone. It makes perfect sense. The smaller the market, the less money it takes to influence it. The cryptocurrency market is still very small and therefore can be influenced without spending huge amounts of money or effort.

That tells us we're still in the eaely days of crypto. Just wait until the masses get in, and market prices will never be the same. There's only one way Bitcoin and other prominent coins can go. And that's up in market price. With countries now getting into the game, it should only be a matter of time before the market grows bigger than ever. This should stabilize most crypto market prices or at least minimize volatility by a considerable margin.

If you've got "diamond hands", then just buy, "hodl", and forget about the rest. Otherwise, crypto is not for you. Bitcoin has already been classified as the best-performing asset of 2023, beating stocks and even Gold. Who knows if we're destined to become the next crypto millionaires in the not-so-distant future? Just my thoughts

Yes, you are right that soon the market will change and we won't see any more of these pampers on dozens of X's. So we have to hurry to make the last big money while there is still an opportunity

[Sethrey]

That tells us we're still in the eaely days of crypto. Just wait until the masses get in, and market prices will never be the same. There's only one way Bitcoin and other prominent coins can go. And that's up in market price. With countries now getting into the game, it should only be a matter of time before the market grows bigger than ever. This should stabilize most crypto market prices or at least minimize volatility by a considerable margin.

While increased participation may lead to increased demand, it doesn't guarantee a perpetual upward trajectory for market prices. Cryptocurrencies have historically been known for their volatility, and this characteristic is unlikely to disappear completely. While the market may experience periods of stabilization, it's important to remain cautious and aware of potential risks.

[shinratensei_]

I don't think it's small, but anyway. Now there's no need investing much money in order to influence the market or any particular coin. As there are other ways to influence it - such as hype through the social networks or the opinion of any so-called "influencers" and others. We're looking after it for about a year already, if not even more.

that's why elon decided to just use that method, such a way of influencing the market most certainly more efficient than investing with huge amount of money while also having bigger impact.

since there are quite literally thousands if not more that get fomo'd and affected by the shill as an after effect, it would certainly have more impact.

but this kind of method could only be done by someone that has reputation, otherwise it wouldn't work at all.

generally some random meme coin would still requires the influence of capital to pump its value by investing and even adding some massive liquidity into the pool, but it's still can be done considering the market capitalization of these coins are usually rather low.

[Rupok]

As far as I know Elon Musk has interest in cryptocurrencies.  So he invested in bitcoin and dogecoin. By investing in dogecoin, investors' confidence in dogecoin has increased.When a big investor invests in a coin, the investment performance of that coin increases 10x. We saw people's investment in dogecoin spike after Elon Mas's tweet.  I like dogecoin a lot and I hold some Doggie Coins.The market price will never be the same, we may see a change towards the end of this year. As the cryptocurrency market is always volatile, it can be influenced by many investors.

[s.tanishka]

As far as I know Elon Musk has interest in cryptocurrencies.  So he invested in bitcoin and dogecoin. By investing in dogecoin, investors' confidence in dogecoin has increased.When a big investor invests in a coin, the investment performance of that coin increases 10x. We saw people's investment in dogecoin spike after Elon Mas's tweet.  I like dogecoin a lot and I hold some Doggie Coins.The market price will never be the same, we may see a change towards the end of this year. As the cryptocurrency market is always volatile, it can be influenced by many investors.

I wouldn't call Ilon an investor. I think the term manipulator is more appropriate for him. Because no one who seriously calls himself an investor would buy a doge.

[Sethrey]

that's why elon decided to just use that method, such a way of influencing the market most certainly more efficient than investing with huge amount of money while also having bigger impact.

since there are quite literally thousands if not more that get fomo'd and affected by the shill as an after effect, it would certainly have more impact.

but this kind of method could only be done by someone that has reputation, otherwise it wouldn't work at all.

generally some random meme coin would still requires the influence of capital to pump its value by investing and even adding some massive liquidity into the pool, but it's still can be done considering the market capitalization of these coins are usually rather low.

Do you really think that Elon doesn't invest in any coins? Of course he does and earns well as I can't even imagine how much money he has. And manipulating with tweets is just a game. And I'm sure that soon it will stop working, everyone are tired of him already.

[blockman]

Do you really think that Elon doesn't invest in any coins? Of course he does and earns well as I can't even imagine how much money he has. And manipulating with tweets is just a game. And I'm sure that soon it will stop working, everyone are tired of him already.

I don't think that he shills for nothing unless it's true that he's just enjoying seeing people enjoying his tweets and shills. He started the meme coins games and that's why many now are hopeful that they'll get a fortune investing to new meme coins.
He's the one to blame for this and everyone that's still attached to his shills will never move on because it's like that many have been stuck to what they've bought and still out of nowhere to be found even just for the break even.

[Amejoaquim]

As far as I know Elon Musk has interest in cryptocurrencies.  So he invested in bitcoin and dogecoin. By investing in dogecoin, investors' confidence in dogecoin has increased.When a big investor invests in a coin, the investment performance of that coin increases 10x. We saw people's investment in dogecoin spike after Elon Mas's tweet.  I like dogecoin a lot and I hold some Doggie Coins.The market price will never be the same, we may see a change towards the end of this year. As the cryptocurrency market is always volatile, it can be influenced by many investors.

Yes i guess she has a Very Big Interest with crypto if not she not gonna keep talking about dogecoin in twitter.
And i believe she gonna keep doing it over and over again, so it will make DOGE hit another ATH in the next bull run.

[kapalmabur]

As far as I know Elon Musk has interest in cryptocurrencies.  So he invested in bitcoin and dogecoin. By investing in dogecoin, investors' confidence in dogecoin has increased.When a big investor invests in a coin, the investment performance of that coin increases 10x. We saw people's investment in dogecoin spike after Elon Mas's tweet.  I like dogecoin a lot and I hold some Doggie Coins.The market price will never be the same, we may see a change towards the end of this year. As the cryptocurrency market is always volatile, it can be influenced by many investors.

Yes i guess she has a Very Big Interest with crypto if not she not gonna keep talking about dogecoin in twitter.
And i believe she gonna keep doing it over and over again, so it will make DOGE hit another ATH in the next bull run.

If Elon Musk starts tweeting Doge and Doge goes up hundreds of percent or even thousands of percent,
then we can be sure that the market is 1000% already bullish, but if Elon Musk tweets but Doge price doesn't get pumped,
yes, we're still in the bearish season, so I think another bullrun will start with Doge.

[s.tanishka]

Unfortunately, we have no way of knowing what plans he has for Doge. He may have already dumped all his bags and won't be pamping Doge anymore. But it is also possible that he is on the contrary full bags and will wait for the right moment to launch a rocket and once again sell all his coins

[Sethrey]

I don't think that he shills for nothing unless it's true that he's just enjoying seeing people enjoying his tweets and shills. He started the meme coins games and that's why many now are hopeful that they'll get a fortune investing to new meme coins.
He's the one to blame for this and everyone that's still attached to his shills will never move on because it's like that many have been stuck to what they've bought and still out of nowhere to be found even just for the break even.

Okay, as you've started speaking about meme coins, how many meme coins became profitable enough in order to earn good money on them? Or all of them had just quite a small time to earn on?

[o48o]

I don't think that he shills for nothing unless it's true that he's just enjoying seeing people enjoying his tweets and shills. He started the meme coins games and that's why many now are hopeful that they'll get a fortune investing to new meme coins.
He's the one to blame for this and everyone that's still attached to his shills will never move on because it's like that many have been stuck to what they've bought and still out of nowhere to be found even just for the break even.

Well he is being sued over dogecoin price manipulation for more money then he owns, so he probably ends up paying a lot. And even after he was sued he seemed to double down and continue. Now there are more evidence against him. But this is going to be such a big case as he is a powerful individual that it will take ages to proceed to actual court. Depending who rules the congress then, this could be end of the era where musk is the richest guy in the world.

[s.tanishka]

I don't think that he shills for nothing unless it's true that he's just enjoying seeing people enjoying his tweets and shills. He started the meme coins games and that's why many now are hopeful that they'll get a fortune investing to new meme coins.
He's the one to blame for this and everyone that's still attached to his shills will never move on because it's like that many have been stuck to what they've bought and still out of nowhere to be found even just for the break even.

Well he is being sued over dogecoin price manipulation for more money then he owns, so he probably ends up paying a lot. And even after he was sued he seemed to double down and continue. Now there are more evidence against him. But this is going to be such a big case as he is a powerful individual that it will take ages to proceed to actual court. Depending who rules the congress then, this could be end of the era where musk is the richest guy in the world.

I have absolutely no faith in the seriousness of this claim. Yes, we all understand that in fact Musk is a manipulator and he chose DOGE for a reason. But how to prove it! You need hard facts in court. Linking the wallets to Musk's accounts. How to do that? His lawyers will give the jury enough reasonable doubt

[Sethrey]

I still don't change my mind and keep far from meme coins. But I found a great airdrop that is held by the Utopia P2P ecosystem: https://twitter.com/UtopiaP2P/status/1669624485387939843 What impressed me most is that its prize pool is about $100 000 and you can win daily at any moment. Pretty interesting action!

[v3liana]

Tweet elon just gonna effect the price of doge in the short term. The reason why i saying like this because there so many baloon coin such as meme coins appear every single day, this meme coins hype just make crypto looked so bad because most of people gonna think crypto is just about PUMP and DUMP, that's it.

[raidarksword]

The future of these assets are big and as the bull market is incoming there lots of astounding updates regarding bitcon which leads to more adoption and supports from instituiton despite all SEC issues. Of course we all prevail from the SEC and move forward to more adoption.

[umbara ardian]

It can be said that every time the virtual currency market is quiet, Elon Musk tries to stir it up. In just a few tweets with content in just a few characters, Elon Musk has made investors crazy to pour into Dogecoin, a satirical virtual currency that has no value at all. In fact, this is nothing more than market manipulation. People buy cryptocurrency not because it has any value but because they hope others will buy it, pushing up the price so they can make a quick buck. The bubble has to burst eventually, and you'll be left behind if you don't get out in time.

[GelatikKembar]

The future of these assets are big and as the bull market is incoming there lots of astounding updates regarding bitcon which leads to more adoption and supports from instituiton despite all SEC issues. Of course we all prevail from the SEC and move forward to more adoption.

Bitcoin and Doge have nothing to do with the SEC and mass adoption has also been carried out since 2020 where the Bitcoin price was still below $ 10k,
and after mass adoption there was a high pump Bitcoin price up to $ 64, the same thing happened with Doge after Elon musk supported Doge as an crypto asset from Tesla.

[Abiky]

Well he is being sued over dogecoin price manipulation for more money then he owns, so he probably ends up paying a lot. And even after he was sued he seemed to double down and continue. Now there are more evidence against him. But this is going to be such a big case as he is a powerful individual that it will take ages to proceed to actual court. Depending who rules the congress then, this could be end of the era where musk is the richest guy in the world.

Probably. But Elon Musk is too smart, so it's likely he'll find a "loophole" to get away with it. I'd have to say many investors are disappointed with him after making false promises to integrate DOGE into Twitter for payments. All he did was change the Twitter logo to Dogecoin's Shiba Inu (mascot) on April Fool's Day. After that, he changed everything back and now Twitter is the same as it was before. I guess that's why Dogecoin hasn't pumped that much in market price (aside from the fact that we're still in a crypto winter).

The only cryptocurrency that holds promise to become extremely-valuable in the future is Bitcoin (BTC). Not even Ethereum (ETH) will be able to succeed, especially when it's becoming more centralized by the day. The fact that developers intend to increase the 32 ETH minimum for staking to 2048 ETH says it all. I think Mr. Musk will eventually abandon Dogecoin, and go all in Bitcoin itself. Who knows what will happen in the future? Just my thoughts