Elon Musk won't save Doge or Bitcoin this time

[Get-Paid.com]

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.

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[virtualdn]

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.

[batang_bitcoin]

The market did ripened with Elon but even without him, the market will just continue the way it was before and no one's going to stop it.
No problem if bitcoin goes down and we see the buying opportunity and that's it. We're already on this market leaning with all of the best shots that we think that's part of our portfolio. Once this bloody massacre to the market stops, people will get excited again on how much it shall recover.

[bakasabo]

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.

[Henrobakkara]

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.

You are absolutely right and I don't understand why some people still want to keep pushing this Elon musk news like he started the whole crypto market and it is also obvious the people are quick to forget how many dips Bitcoin has risen from and don't even get me started on the amount of Obituaries there are for Bitcoin. This is just one of those phases and my only regret is not having loads of money to Buy Bitcoin now    cos we can only go up afterward.

[hugeblack]

I don’t know if you are joking or not, but you have been on the forum since 2015 and not in 2021, where beginners learned about cryptocurrencies because of Elon Musk.
Falling prices are corrections to build a new price bottom, and therefore once the decline ends, then it will be the beginning of a period of good rises.
So stop panicking, we are still above the $20,000 mark, so there is no real cause for concern.
we don't need Musk, he started to talk about bitcoin in 2020 not 2010

[Rikafip]

Here we go again, bitcoin went down and doom&gloom threads started popping out. Worst of all, from someone that is in crypto for longer period of time and has seen this several times before. Regarding Elon Musk, Bitcoin is not Dogecoin and it doesn't need to be saved by him, nor it was before.

[kryptqnick]

Elon Musk hyped up the market, sure, but he also triggered panic selling at some point when raising concerns over adoption of Bitcoin due to environmental reasons. The crypto market is potentially a bubble, sure, but I don't think that Bitcoin isn't worth anything or that it's overvalued. I believe what we're seeing now is not the explosion of the bubble, but a temporary bear market. After Bitcoin recovered from the 2018 fall, I think it proved that recovery is a matter of time. And now the price is low, sure, but it's still way higher than the 2017 ATH point.

[so98nn]

I’m actually worried about his assets in the bitcoin and doge. That man literally had Tesla payments and companies shares in the form of bitcoin. After the last years hype regarding DOGE he had that coin filled up in his pockets and his mothers pocket too. Considering his richness he must have had millions of dollars in both of them. How that guy might be feeling right now after seeing the market crash like this. Off course he won’t be worried much considering his entire wealth but as of now every whales is doomed with this crash.

[Wiwo]

I’m actually worried about his assets in the bitcoin and doge. That man literally had Tesla payments and companies shares in the form of bitcoin. After the last years hype regarding DOGE he had that coin filled up in his pockets and his mothers pocket too. Considering his richness he must have had millions of dollars in both of them. How that guy might be feeling right now after seeing the market crash like this. Off course he won’t be worried much considering his entire wealth but as of now every whale is doomed with this crash.

He will probably be in the worst-case scenario right now seeing the crash in the price of both coins, Bitcoin ha e dropped more than half of what it started the year with, and dogecoin also made a nice downward movement lately, Elon musk was in both coins for the business and not a supporter so at the moment his portfolios in both coins will be in shambles. The whales are in action and investors are bleeding right now.

[Anguwa]

Not only Elon Musk, I don't think there is any cryptocurrency influencer that can stop this market disaster. It has affected everyone including Elon Musk too, so there is no point of saving others if I was also affected. I don't know when this disaster will come to an end but we hope it ended soon because many people are financially down due to this bear market. The market has been down for a very long time, we need a bull run.

[crwth]

Well, I think the hype about Elon and the influence that he has now has died down. Maybe if he has something behind his sleeves, then maybe he could somehow influence again the market, basically the people. He is always on the news with all the plans that he has so it's not surprising if he would be able to plan something and make something happen.

As for Doge, it turned to a s*itcoin anyway thanks to Mr. Musk.

Doge has always been a shitcoin because it was made to be one. To be accurate, a meme coin. Isn't Elon the reason why Doge raised in value? So how can you say that?

[goldkingcoiner]

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.

Are you implying that Bitcoin, which has proven itself and keeps proving itself as a strong, unhackable currency which cannot be manipulated, somehow needs saving? Dogecoin is and always will be a useless, hype-value-based coin.

Elon Musk might have contributed to Bitcoin rising a decent amount but Bitcoin was doing very well before Musk and will be doing very very very well regardless of whether Elon Musks decides to keep backing Bitcoin or not.

Bitcoin is king!

[evilgreed]

              The worries about crypto only apply on the people that are new to this industry or are overly intoxicated by their hopium about Elon and his influence over Bitcoin or dogecoin. A lot has already happened to the world that affected bitcoin big time both positively and negatively. And despite these, bitcoin never died. Instead, it came out stronger as time pass by. Which is why I don't worry that much, I never bought on peaks anyway so I'm just gon go and wait this storm out as I slowly accumulate whenever I have extra funds just like what I always do.

[mk4]

This time? When did Elon Musk save Bitcoin in the first place? His announcement of Tesla purchasing BTC just gave us a temporary pump in price, and that's pretty much it. You've worded it as if he saved us from a huge exploit or something.

[suzanne5223]

I think people need to stop their naivety and face the reality of this cryptocurrency market the early the better. The market always experiences huge correction after the halving effect market, this supposes to have happened long ago and it happening now there shouldn't be any calls of alarm.

The funniest part is hoping Elon Musk will save the day when the market trend is already decided and the last time I checked Elon Musk can't even save himself not to about saving Bitcoin.
Who saves Bitcoin when Elon and the institutional investors haven't joined the crypto market.

[Ale88]

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.

Are you here because you actually believe in cryptos or because you just follow Elon Musk's Twitter and base your life on that man? Why would bitcoin need Musk to "save it"?

[Crypto Library]

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.

I don't understand what Elon Musk has to do with saving Bitcoin or not ?! But in cryptocurrency has a big effect by him, and that is to destabilize the market. I think there is no one who were well-Understand and connected with cryptocurrency like Elon Musk's activities at all. But it has to be acknowledged that he can have an impact on the market. But it does means that he is the main man to save bitcoin , It seemed silly to me .

[Cryptogames999]

Their is no need of Elon Musk help and why you need him to buy BTC or Doge? It is very interesting thread that either you are elon musk have invested in Doge, BTC. Doge is a shit coin and the developers never looked after it so just forget and concentrate on manymore coins that have life.

[lornadane]

I’m actually worried about his assets in the bitcoin and doge. That man literally had Tesla payments and companies shares in the form of bitcoin. After the last years hype regarding DOGE he had that coin filled up in his pockets and his mothers pocket too. Considering his richness he must have had millions of dollars in both of them. How that guy might be feeling right now after seeing the market crash like this. Off course he won’t be worried much considering his entire wealth but as of now every whale is doomed with this crash.

He will probably be in the worst-case scenario right now seeing the crash in the price of both coins, Bitcoin ha e dropped more than half of what it started the year with, and dogecoin also made a nice downward movement lately, Elon musk was in both coins for the business and not a supporter so at the moment his portfolios in both coins will be in shambles. The whales are in action and investors are bleeding right now.

At this time investors are not the only ones experiencing bleeding, we are just small people who are in a mess.
Maybe now Elon Musk can only see the market situation without being able to say anything.
Nobody is currently capable of resurrecting the current bloody market price.