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Topic: Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run? - page 23. (Read 5389 times)

sr. member
Activity: 1022
Merit: 252
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
hero member
Activity: 2716
Merit: 552
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.
sr. member
Activity: 811
Merit: 250
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.
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
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.
member
Activity: 448
Merit: 18
Go home boys  Grin 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
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
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
legendary
Activity: 2520
Merit: 1218
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.
hero member
Activity: 2268
Merit: 588
You own the pen
I wouldn't dedicate too much of the movement in the market to any of Musk's tweets anymore. It is still a little bit of a self-fulfilling prophecy, but in my opinion the big effect his voice had on the market is quite over. Bitcoin is stable  and goes sidewards within certain boundaries. Maybe it is different for Dogecoin, I am not following that too closely, but for Bitcoin Musk doesn't have significant influence anymore.

Looks like the guy is messing around the crypto industry with his current popularity and he always thinks that no matter what he tweets, it gives some kind of impact on the market. that's why things will not become clear on the newbie investors because most of them are only relying on behalf of what he gonna say next. the only thing you can rely on when it comes to this kind of strategy is yourself. you need to make a decision to consider giving some time to research what is going on in the crypto industry without letting the current hype do the works.
jr. member
Activity: 916
Merit: 1
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?
legendary
Activity: 2268
Merit: 1655
To the Moon
No doubt  with the past events we could easily say Elon musk had an influence in the market, him sharing FUD with the support of China cause this low prices we are seeing but i don't think Elon Musk has so much influence again on the market because he is slowly loosing his tweet power, his loyal followers are developing hatred on him because of his attitude towards bitcoin. For me i think the bull season hasn't ended yet it's still very much around and soon we will start seeing price pumping.

Everyone has already noticed that Elon Musk's tweets do not have a long-term impact on the price increase, unless they are supported by a global trend for the growth of the cryptocurrency market. Therefore, after the pump, the price returns to the previous level. And as long as we see that the market is in a bearish situation, it is impossible to change the market with tweets alone.
jr. member
Activity: 170
Merit: 1
No doubt  with the past events we could easily say Elon musk had an influence in the market, him sharing FUD with the support of China cause this low prices we are seeing but i don't think Elon Musk has so much influence again on the market because he is slowly loosing his tweet power, his loyal followers are developing hatred on him because of his attitude towards bitcoin. For me i think the bull season hasn't ended yet it's still very much around and soon we will start seeing price pumping.
sr. member
Activity: 1050
Merit: 286
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?
Elon Musk has a huge influence and surely has lots of friends or business partners who are whales. If they decide to manipulate or play with prices of different crypto in the market, they could and it would be much worst if ever they become unified on doing such thing. Dogecoin and bitcoin both gained benefit from his advertisement but as time passes by, there are people who are able to get out of ignorance and his tweets loses its worth and many starts being unbothered on what he is doing. If ever he suddenly decides to abandon any of this two popular coins at the moment, we'll see if the value will go down hard all of a sudden.
hero member
Activity: 1708
Merit: 553
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I wouldn't dedicate too much of the movement in the market to any of Musk's tweets anymore. It is still a little bit of a self-fulfilling prophecy, but in my opinion the big effect his voice had on the market is quite over. Bitcoin is stable  and goes sidewards within certain boundaries. Maybe it is different for Dogecoin, I am not following that too closely, but for Bitcoin Musk doesn't have significant influence anymore.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
if you look at posts that are often made by Elon Musk, then Shiba Inu has the same potential as what happened to Dogecoin, because I see Shiba Inu pumps often occur when Elon Musk mentions the name of this coin on Twitter. I suggest you not to stay too long at Shiba Inu because I think this token has a very high risk.
hero member
Activity: 2576
Merit: 586
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?
Don’t you think it is time we stop attributing the growth of Bitcoin and other crypto prices to what people like Elon Musk has to say or not. Whether they say anything or not, we already know that the price of cryptocurrencies is volatile and it’s always going to be moving up and down. So I don’t think it’s something that has to do with him. And moreover it’s not everyone here in the cryptocurrency community that follows them and be waiting for what they have got to say. Right now the price is down again and are you going to say that it is because Elon has not said anything yet or what?
sr. member
Activity: 966
Merit: 306
if you look at posts that are often made by Elon Musk, then Shiba Inu has the same potential as what happened to Dogecoin, because I see Shiba Inu pumps often occur when Elon Musk mentions the name of this coin on Twitter.
If Dogecoin soars, other coins with dogs will try to rise with Dogecoin. Shiba is the second biggest meme token so it will follow Dogecoin very closely.

Elon want something green, greener and SHIBA meets his demand. You don't have to mine SHIBA with any mining rigs. I don't hope but Elon won't make me surprised if he shills SHIBA after Dogecoin.

Quote
I suggest you not to stay too long at Shiba Inu because I think this token has a very high risk.
Dogecoin and SHIBA are all risky and you should not touch them if you want to buy and hold them for long.
legendary
Activity: 2464
Merit: 1102
It's hard to predict a bull run but what most of us believe is bitcoin and most of the crypto are going to make another ATH. Bitcoin has fallen significantly from it's ATH, over 40% of decrease, that could be considered a correction. The price has been stabilizing above 30K, and 30K could be considered the resistance point at the moment. Any movement between 30 and 40K are the opportunities to bag coins for cheap. And by seeing the market trend, we can conclude that a lot of people are buying and holding at this price range which would be the precursor for next bull run.
We have been way over 30k for a long time, we did reach 30k for a while but we didn't do that for a very long time, we did that for just a very quick period of time and that's it. At the end of the day we reached 40k multiple times and have been very close to it which means we are not going to end up under 30k at any time soon, that is at least what it looks like.

I personally hope that we do even better because it is definitely something we can do, 40k+ is not that far away and with just a little push we can break it and be there. Afterwards it is easier, because once people see that bitcoin is going up then they will attack and buy more and more, hype creates hype in bitcoin and just a bit of increase equals a bit more increase and that is a very good thing for me. I do not really think that we should be this low at the moment, we definitely have a better chance.
full member
Activity: 1060
Merit: 103
It's hard to predict a bull run but what most of us believe is bitcoin and most of the crypto are going to make another ATH. Bitcoin has fallen significantly from it's ATH, over 40% of decrease, that could be considered a correction. The price has been stabilizing above 30K, and 30K could be considered the resistance point at the moment. Any movement between 30 and 40K are the opportunities to bag coins for cheap. And by seeing the market trend, we can conclude that a lot of people are buying and holding at this price range which would be the precursor for next bull run.
full member
Activity: 1820
Merit: 107
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?

I don't think Bitcoin and Dogecoin are comparable, Anyway, my opinion about these two coins are; for me, Bitcoin is a real deal because it has a store of value,(SOV) while Dogecoin is only a meme coin or a (joke coin) But suddenly Elon Musk shill this meme coin, and then hype comes in, driving the price to what is now, but the question is how long Dogecoin can sustain this pump because Dogecoin can't be a store of value because of many reasons. and also some red flags, like most of its supply was monopolized only by few wallet addresses and for me, that's not good. Anyway, let's just stick to that issue for now.

On the other side, the so-called green coins are being popular nowadays because they have an impact on climate change issues, and being environmentally friendly coin functions is a huge advantage.  
hero member
Activity: 2604
Merit: 816
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Bitcoin will have another bull run, but I am unsure if Dogecoin has the next bull run. If bitcoin can increase to more than $75k, Dogecoin can follow increases but we do not know how high Dogecoin can increase. But after what happened to Dogecoin before, I think Dogecoin needs time to rise again. We need to wait and see what will happen to Bitcoin and Dogecoin, and hopefully, Bitcoin can increase again. The crypto market will have more surprises later.
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