Elon Musk won't save Doge or Bitcoin this time

[cryptomaniac_xxx]

We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.

But still though, bitcoin will survived this rate hike and it will proved again how good bitcoin as an asset in times like this.

I'm not sure about your title though, Elon Musk? he won't save Doge or Bitcoin because he will not. He has other endeavors and I doubt that crypto is going to be a priority with him. He is considered as a crypto influencers for some, but that's it.

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[e_abrams]

The situation is not rosy, but Bitcoin does not really need Elon Musk to save it. It has crashed before and it has rallied again before. I am not so sure about Dogecoin, but Dogecoin started out as a joke, if it returns to being a joke then that's how things are.

[KingsDen]

Has Elon Musk saved bitcoin before?
If I am not mistaking, Elon has done more harm than good to bitcoin. Yes, Elon once accepted bitcoin for his tesla company which made some cool wave in the media. But it didn't last long till Elon made a U-turn and withdrew bitcoin payment. He also made some defamatory statements against bitcoin which also affected bitcoin. So, Elon is not a friend of bitcoin.

For Dodge, he keeps playing his hide and seek game with dodge. By the way, does bitcoin need a saviour?  Bitcoin is firm, what you are seeing in the market is the nature of crypto. It is part of crypto. It is an opportunity for more people to join the market.

[noormcs5]

We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.

People tend to invest where they found safe and profitable Investments. If the fed increases the interest rates many people will be happy to sell their bitcoins and put the fiat money in the banks and get the interest.
I still think that this will not be long lasting and people will rewart back to bitcoin as bitcoin is the real non inflationary asset.

[AakZaki]

Why elon? Is it just him? Bitcoin is a community, if the community is strong then who is Elon? He will not give much influence to bitcoin, he only gives gossip through his writing or words. Although I think Elon is an influential person, but he cannot regulate the market according to his wishes. I think it's wrong to rely on Elon. I think we just quite believed in the Halving period.

[macson]

Who cares about Elon Musk. I never did. 1 BTC is still 1 BTC. This will pass and BTC will rise again. Actually it will exist long after us. Even if it will go down to $10,000 it will rise again. Not all people are scared like chickens when it comes to BTC. You only lose if you sell. Easy math. As for Doge, it turned to a s*itcoin anyway thanks to Mr. Musk.

yeah dude, you're right, those who lose are the ones who sell, 1 BTC is still 1 BTC nothing has changed, only the value continues to fluctuate.  for those who are in crypto I'm sure many have strong hands and will not sell in a bear market like this, but for those who just entered ^(newbie) the market, i'm sure they immediately panicked and sold when they saw the price of bitcoin fell drastically.  Don't make Elon an investment benchmark because he is not an investment advisor.

[BITCOIN4X]

By the way, does bitcoin need a saviour?  Bitcoin is firm, what you are seeing in the market is the nature of crypto. It is part of crypto. It is an opportunity for more people to join the market.

Yes, bitcoin needs a savior and its main saviors are traders and investors. I'm not saying Elon Musk is a savior, but his investment in bitcoin will probably have an effect on the price although I'm not really sure he will again. But as long as the community, be it traders or institutional investors or sole investors, are willing to buy bitcoin and hold on to it, bitcoin will continue to have value. They are the saviors and it's not always with one person.

[Issa56]

The situation is not rosy, but Bitcoin does not really need Elon Musk to save it. It has crashed before and it has rallied again before. I am not so sure about Dogecoin, but Dogecoin started out as a joke, if it returns to being a joke then that's how things are.

Bitcoin those not really need Elon musk, all I know is that even without Elon musk bitcoin is still going to bounce back, I really want Elon musk to even stay away from crypto because he his not really trying to save cryptocurrency, he is using cryptocurrency for his own personal interest and he is trying to boost his company which is tesla. No matter how bitcoin dump am not selling, have seen bitcoin dump more than this before and I didn't sell so now am just holding my bitcoin and waiting for bitcoin to bounce back.

[Finestream]

Elon Musk is not a cryptocurrency saver, he is just another influencer, to whom people believe to much. But I accept the fact that soon Elon Musk would make a comment on this global crypto price drop. It wont have much effect, but, it will give hope for those who are new or came to crypto by Elon Musk's referral tweets

As to Bitcoin, it will be saved by itself. Like it usually does. How many times people buried Bitcoin ? This price drop will just +1 to current bury counter.

Bitcoin does not need any high profile individual to be saved, as it will always work and succeed on its own. However, with dogecoin, i guess Elon can make it hype again, but no one can stop it anymore if its value will drop significantly in the end. Shitcoin will always be shitcoin. And bitcoin will always recover from all types of drops and dominate the market. Although bitcoin is currently bearish, but it won't stop there, its value will rise up as soon as the market becomes stable.

[The Cryptovator]

I don't worry and don't care about Elon ever when I am holding Bitcoin. He is a big whale and fuck smallholders like us. Sometimes big whales like Elon create panic on the market and accumulate. Then they become richer and we become poorer. Because we are panic sellers lol.

However, I wasn't a Doge fan nor did I have to hold it. So I don't care about Elon. I have learned a lot of things in crypto. Just need to use our own brains where we should invest. Don't need to become rich overnight.

[eaLiTy]

If I am not mistaking, Elon has done more harm than good to bitcoin. Yes, Elon once accepted bitcoin for his tesla company which made some cool wave in the media. But it didn't last long till Elon made a U-turn and withdrew bitcoin payment. He also made some defamatory statements against bitcoin which also affected bitcoin. So, Elon is not a friend of bitcoin.

If you think Elon Musk brings more damage to the cryptocurrency space then it is time to let go and not promote what he says. He has a huge social media platform and he has the ability to manipulate the market. From my understanding he accumulated a lot of coins before taking those positions about Tesla accepting BTCitcoin and made a ton of profit and then changed his position after booking the profit.

For Dodge, he keeps playing his hide and seek game with dodge. By the way, does bitcoin need a saviour?  Bitcoin is firm, what you are seeing in the market is the nature of crypto. It is part of crypto. It is an opportunity for more people to join the market.

To be frank we are in 2022 and we do not need any savior or influencer for BTCitcoin.

[FatFork]

I don't worry and don't care about Elon ever when I am holding Bitcoin. He is a big whale and fuck smallholders like us. Sometimes big whales like Elon create panic on the market and accumulate. Then they become richer and we become poorer. Because we are panic sellers lol.

That's probably true. Although, Musk's words probably don't carry the same weight in the crypto world as they did a few years ago. It seems to me that everything Musk does on social media is just PR for his companies. As an example, he used his tweets to manipulate the price of Tesla's shares, which resulted in him being investigated and fined by the SEC. It clearly shows that everything he cares about is making more money for himself, and it's probably the same in the crypto space.

[isaac_clarke22]

Meh. He's just another guy that owns a company anyway, and not like Bitcoin or even Doge owes him something.
Bitcoin does not need the saving as it does not needed to be saved in the first place price-wise or even tech-wise. I can't say the same for Doge though as I never touched that coin even one bit.

[Oilacris]

Meh. He's just another guy that owns a company anyway, and not like Bitcoin or even Doge owes him something.
Bitcoin does not need the saving as it does not needed to be saved in the first place price-wise or even tech-wise. I can't say the same for Doge though as I never touched that coin even one bit.

The community would be the ones who would really dictate out on what would be the price it would be heading on but of course this is something not really be that to be predicted.

These billionaires might have that big stash or bag hold but doesnt mean that they are the ones who would be the saviour of this coins whenever there's a bear market.
There's nothing that they could do since they arent the only ones who had been holding those coins which we do know that it is been already circulated
with lots of hands which its impossible for such manipulation.

[Oceat]

The market is in bearish for a year now and I don't think Elon Musk would help this time since during the bullish time he abandoned Bitcoin community and chose Doge instead. So, why would we care about him saving Bitcoin when it's clear that he no longer be needed in this community. Bitcoin price can grow in no time and this we experience today is just a temporary drop and at least it's still high enough compared to the 2017 ATH .

[DoublerHunter]

The market is in bearish for a year now and I don't think Elon Musk would help this time since during the bullish time he abandoned Bitcoin community and chose Doge instead. So, why would we care about him saving Bitcoin when it's clear that he no longer be needed in this community. Bitcoin price can grow in no time and this we experience today is just a temporary drop and at least it's still high enough compared to the 2017 ATH .

^ He cannot help because people already know about him, he manipulated the BTC price before and people don't let that happen again. So there is no way to save the BTC price during this bearish time or probably just a short correction. BTC price is unpredictable and now one can tell which and when it will grow, it is a matter of time that the market will heal and back to the price which we have an ATH. Dogecoin has already a place to shill so nothing to worry about this, Elon Musk bought the Twitter platform, and for sure Dogecoin has a place to hype.

[TimeTeller]

The market is in bearish for a year now and I don't think Elon Musk would help this time since during the bullish time he abandoned Bitcoin community and chose Doge instead. So, why would we care about him saving Bitcoin when it's clear that he no longer be needed in this community. Bitcoin price can grow in no time and this we experience today is just a temporary drop and at least it's still high enough compared to the 2017 ATH .

^ He cannot help because people already know about him, he manipulated the BTC price before and people don't let that happen again. So there is no way to save the BTC price during this bearish time or probably just a short correction. BTC price is unpredictable and now one can tell which and when it will grow, it is a matter of time that the market will heal and back to the price which we have an ATH. Dogecoin has already a place to shill so nothing to worry about this, Elon Musk bought the Twitter platform, and for sure Dogecoin has a place to hype.

His twitter deal is put on hold, so right now, he is still not the owner of Twitter.
Anyway, do people really think that he saved bitcoin one time?
Maybe, when it comes to doge, because with all the tweets pertaining to doge, doge achieved an ATH of about $0.73.
And now, it is in the 8 cents level. I guess, a lot of buyers are now losing from this old meme coin.
People are just waiting on his next tweet to hope for the best about this coin. That's not a very sustainable approach.

[Captain Corporate]

He may not really be the "owner" but at the end of the day it's not really just a guaranteed situation for him to give up at this point, it's going to be obvious for him to get it and it %100 guaranteed. So just waiting more time will not really make any difference of him being now or not, he will be. So just wait for him to become the owner and what he does will not change at all. It will definitely work in a way where he will make changes on Twitter itself, but doge and bitcoin will be the same, he won't change anything. So this is why nothing will happen when he officially becomes the owner as well.

[Disruptivas]

Elon musk, the President, the queen of England or Jesus! Crypto were born exactly as an alternative to systems that seek intermediaries, centralizing agents of power. Collective intelligence will never be surpassed by a personality and giving up your power, your decision for anyone is a super mistake.

Elon Musk won't save anyone, at most he'll save himself by going to Mars after everyone fucks the Earth, in the most, he's just there for the fun. Take responsibility for your mistakes and achievements.

[Smack That Ace]

We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.

If you talk about Doge then maybe it will be true because thanks to Elon doge has grown strong last year, a shitcoin is not mentioned but thanks to Elon it has become a phenomenon in the market. But about bitcoin, it doesn't need anyone to save it. It's had worse days than this and it overcame them all, growing even stronger after the dips. Bitcoin is decentralized and it belongs to the community, it is not owned by anyone, no one can kill it and no one can make it better with just a few words.