A quick question!! - page 3. | Bitcointalksearch.org

RealMalatesta

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

The request for some rich person to increase your coins worth is the main reason why you should not get into crypto in the first place. If you are asking for some rich person to help you out, just go and beg him to give you money. He has done it before, but he has a lot of money, like literally 300+ billion dollars networth, just write under his tweets to give you money and beg him to pay you something decent.

There is no difference at all between begging him to give you some money versus you hoping he would tweet something that would increase the price of dogecoin. Dogecoin is a shitcoin, it has been a shitcoin for YEARS now, and just because Elon tweeted about it, doesn't change that fact and if your entire reason to buy it was Elon, then you kind of deserve to lose money.

LogitechMouse

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

Just think of this analogy (not analogy I think Cheesy

).
If you trusted a friend and after few months, he backstabbed you and he did something that can end your relationship as friends. Do you think you will still trust him? You might say yes but most will say no.

Its almost the same case. Yes Musk has a huge influence with regards to DOGE that it pumped way high and for sure many investors profited into it but many lost their money into it. Throughout the years, Musk is saying anything that could hurt investors thus, untrusting him that caused his influence to crypto to slowly decrease including his influence with DOGE. I agree with some people who said that investors are now smarter because they really are. Investors are evolving year after year and investors are learning with their mistakes though there are some who are still experiencing mistakes but its ok. Mistakes is a good teacher because we are learning from them.

pawanjain

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

That shouldn't even be a question. No wonder the influence is dropping because the whole market has been in a decline lately.
Another reason might be that people have actually realized Elon is just a Doge shiller and is manipulating the market.
Sooner or later this was gonna happen and I think this is just the beginning.

masterrex

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Quote from: XUR_TIP on January 16, 2022, 09:16:49 PM

Dropped in what way? If this is true why did doge coin pumped again when Elon tweeted about accepting doge coin as means of payment on Tesla? Yea the pump isn't as big as what we have seen in the past but it still move the price anyways, also I believe BTC is better but doge isn't that bad either

IMO, I think most of the people were comparing with the previous Dogecoin pump when Elon Musk tweet about Dogecoin for the first time. that's why they are made to the conclusion that Elon's influence is slowly vanishing, But the time and the market situation has changed unlike before that the market was hot and very much alive unlike today that most of the cryptocurrency prices are slowly declining each day so its very different situation.

Beparanf

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Quote from: Ararbermas on January 17, 2022, 08:27:05 AM

Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

market is on bearish situation and not yet showing positive sign mate so it's not surprising doge still stagnant and tends to drop more. But yeah elon musk is a good influencer wherein for sure once market become fine again they will start the business and there will be a lot of post from him once it's time to make hypes in doge. Lol

The problem is the current situation is different than before. Previously Elon is accumulating before he hype Doge which literally only few holds but right not that most of Elon supporter already holds Doge as well as Elon himself. It's very hard for the price to attain that same level of hype since there's always a fear that Elon and other whales will dump the price. Doge is pumping even the market crash during its initial bullrun when Elon started hyping. It only means that Elon effect is really not big impact to all people that knows what might honna happened when they buy.

amishmanish

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I don't think the influence has dropped. He still mentions Doge here and there. Yet, I think there are enough people who lose money by putting in their life-savings because of these stupid endorsements he gives to Doge. For people like you and me, who frequent crypto-circles, we know that what he is doing is typical of any so-called crypto-influencer. So much so, that shilling is an acceptable way in crypto. Even if the calls fail, people will always tell you that "Dude, don't follow my buys..i just post random shit I like".

When it comes to Musk, there are enough newbies who have only heard of crypto in passing. Yet, when they hear Musk say "Doge", i am sure they are 100% convinced that Doge is going to be some Mars coin. A lot of them would have bought in with all they have and they lost the money to the serious, more experienced people in crypto. This has created the cycle of people knowing that its just a joke and an attention-garnering mechanism for him.

Now if Elon comes to his sense and realizes that DOGE has literally NOTHING to offer compared to Bitcoin, and then starts talking about LN, for he apparently cares about small payments, the situation may well resolve. Otherwise its just a tiger he is riding and can't stop anymore.

Ararbermas

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

market is on bearish situation and not yet showing positive sign mate so it's not surprising doge still stagnant and tends to drop more. But yeah elon musk is a good influencer wherein for sure once market become fine again they will start the business and there will be a lot of post from him once it's time to make hypes in doge. Lol

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

it's been a long time since the days when Elon Musk started advertising DOGE to everyone, and people have become smarter, they don't want to become more than twice on this rake, because it's artificially created for the main whale of DOGE.

takngantuk

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Quote from: cryptomaniac_xxx on January 17, 2022, 04:41:18 AM

Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

Perhaps it could be of the following reasons:

1. Crypto enthusiast are tired of Elon Musk
2. They know that Elon has his own narrative behind for pushing Doge
3. We are already in a bear market
4. Musk don't have any more influence to us, specially after his attack on bitcoin (about the effects of it on the environment)

Or maybe just the combination of any of those mention about. I think it will be good if the market is not going to be influence by anyone, not even the richest person in the world.

I think everything you say is true. the crypto community is tired of it and many of them are starting to distrust Elon Musk anymore. the more narratives he aims for his own sake, the more people think of him badly. sooner or later its influence for the crypto market will disappear completely.

MFahad

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

When Elon tweets dump market 8 months ago ,people stopped to follow Elon.
Before this i remember when he tweet something about Doge price rised 40% now and now when he tweet onky 10-15% increases.

Anonylz

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

A project can not relay on influence alone in other to survive, there must be a solid utility otherwise the project risk being dumped by investors, and it will be a typical example of a pump and dump project, even if Elon decided to continue making those tweets to drive the price of dogecoin up, it will not be sustainable long term because investors will be tired of waiting for Elon's tweet all the time just to drive the price up.

Skinny48

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Elon Musk will end up losing his respect one day mark my words because crypto space isn't a place where you do as you like for a very long term, you have the power to drive a coin price but the end will always be a bad one, he should have just sit in the shadows and do his thing

cryptomaniac_xxx

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

Perhaps it could be of the following reasons:

1. Crypto enthusiast are tired of Elon Musk
2. They know that Elon has his own narrative behind for pushing Doge
3. We are already in a bear market
4. Musk don't have any more influence to us, specially after his attack on bitcoin (about the effects of it on the environment)

Or maybe just the combination of any of those mention about. I think it will be good if the market is not going to be influence by anyone, not even the richest person in the world.

lovesmayfamilis

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Don't be fooled. Elon is playing. Tomorrow something new will come into his head, another coin, and what will we see? The same picture. The funny thing is that many people understand that Elon is manipulating the masses, but they turn into a crowd that obediently moves after him.
How urgent was the information for you? Did nobody die?

Strongkored

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

Why? Because the current conditions are very different from last year where everyone believes that the market is bullish so that what news appears used for reference for a coin in the pump including dogecoin, but today many are still doubtful what will happen and surely many newbies investors became smarter because of learning from the experience faced some time ago.

alfanjhon

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Yes because they already think now, they haven't been aware because they are layman, but now most people have realized that not good FOMO is, it's a lot of possibility for losing your money if you follow it

Gorosden

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I'm thankful that Elon musk supports doge coin mate because doge coin is what gave birth to many other meme coins like shiba inu where many millionaires are made, most comments I've read so far looks like having too much expectations from doge coin with the Tesla news well things don't always work that way

Similificator

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Wow, that question was so fast! Lol.

Jokes aside, Elon Musk having his influence on dogecoin or any crypto was inevitable. Even dogs remember and learn what is not good for their health or is painful for them. It is only natural that the masses will understand that Elon and the people who understands his tricks are only capitalizing on the sheep mindset of the masses. Too bad though that dogs are even better than some people since there will still be people that would choose to not abandon their sheep mindset either because of honest stupidiy or stupidity by ego.

Williamm07

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I think those that are complaining have a high expectations from the Tesla accepting doge coin news, maybe they expected 10x and it never happened lol, do you know how many zeros doge coin killed? If that's not enough already I don't know what to say anymore 😂 lower your expectations

cryptoaddictchie

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Quote from: Gasty4 on January 16, 2022, 06:13:19 PM

Elon Musk influence on Dogecoins seems to have dropped, why ?

Why you think so? Cause the news of tesla accepting dogecoin does not pumped it hardly? Well thats pretty sure not a good excuse to check if Elon influence is fading. Market is not on good shape and still on verge of ups and downs. So its normal that doge cant outweight the red market. Indeed doge pumped a bit but thats a normal movement since there is an announcement. Wait for btc to go back to 60k plus and see those alts moon again.

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