Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run? - page 7.

Abiky

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Quote from: Sethrey on December 06, 2022, 05:31:15 AM

I never expected any support from Elon Musk as it's not the natural growth of the coins, but simple manipulation. It doesn't mean that the coin is really promising and will continue growing. We all know how hype works. So I'll continue supporting the projects I've chosen and checked by myself.

Exactly. What Elon Musk is doing is simply manipulating the market for his own benefit. It's very obvious Bitcoin will rise in price, especially when it's the future of money. Probably Elon Musk bought Bitcoin at a cheap price and wants to sell it higher for profit. The same can be said about trying to "pump" Dogecoin's price with his tweets. People should really move on from Elon Musk and start focusing on what matters most.

It's not about Elon, but rather how crypto/Blockchain tech can change our world for the better by eliminating the middleman from the system. Unfortunately, many people are into crypto to get rich quick. So don't be surprised if more "suckers" fall for Elon Musk's tricks, due to greed. At least, we know Bitcoin won't be going anywhere soon. Who knows what the future for the entire industry will look like? Just my thoughts Grin

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Quote from: nimogsm on December 01, 2022, 09:12:26 AM

It seems to me that it was initially clear that buying twitter would lead to this and that the focus of attention of cryptocurrencies would go to the triple plan.In the near future, you can not expect support from Musk and his tweets that he devoted to cryptocurrency, now he is busy with more serious things.

I never expected any support from Elon Musk as it's not the natural growth of the coins, but simple manipulation. It doesn't mean that the coin is really promising and will continue growing. We all know how hype works. So I'll continue supporting the projects I've chosen and checked by myself.

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Quote from: Sethrey on November 22, 2022, 02:29:19 AM

I will still insist on the more possible growth of privacy coins, especially in a prism of the latest news about its ban within EU. Elon is now busy with twitter and seem to forger about the crypto world. Now he plays more in politics.

It seems to me that it was initially clear that buying twitter would lead to this and that the focus of attention of cryptocurrencies would go to the triple plan.In the near future, you can not expect support from Musk and his tweets that he devoted to cryptocurrency, now he is busy with more serious things.

Abiky

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Quote from: Pierre 2 on November 25, 2022, 01:23:54 PM

I think Dogecoin became something other than normal coin. Its probably more recognized than Ethereum even. People buy and sell Dogecoin mainly for quick profits. So Elon Musk is not only reason, Doge is nice option for all kinds of speculators. Doge sort of has use too, many people prefer to use it for quick and cheap transactions. None of meme coins can claim Doge's place. Elon Musk speculation is just another reason to buy it.

Dogecoin is full of speculation. It really doesn't bring any real value/utility to the mainstream world. The only reason it's going up in price it's because of Elon Musk. But the effects won't last for long as people move on to the next big thing in crypto. Bitcoin is the only cryptocurrency you should care about, since it's the one that started this whole craze. It's decentralized unlike any other cryptocurrency in the world, with a very limited supply of 21m coins.

You can see why the whole crypto market goes to the moon once Bitcoin starts "pumping" in price. I don't think any other cryptocurrency would be able to survive on its own without Bitcoin (this shows us BTC is the reserve cryptocurrency of the market). Remember, crypto is not about Elon Musk but rather a movement that's bound to change our world for the better (or at least, improve it). It may not replace Fiat, but it will certainly challenge it as an alternative monetary system anyone can join, anywhere in the world without limitations. The crypto market is extremely volatile at times, so I'd suggest you diversify your investment to reduce your losses as much as possible. Just my opinion

Sethrey

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Quote from: sukmo on November 25, 2022, 11:08:51 PM

it is possible and most likely Elon Musk will continue to promote other coins as well. But it's more likely that Musk will promote those coins which will put him in an advantageous position and care less about how that might impact the market.

So that's the main reason he doesn't promote any other coin unless it can show that it can add to his wealth. I'm not someone to say Musk is wrong; I'm just saying that's what I'm also going to do as an entrepreneur and try to increase my wealth as well. but why Elon Musk constantly writes about Dogecoin is not clear, most likely Elon Musk invests in Bitcoin and Dogecoin and therefore.

Elon Musk constantly advertises these two cryptocurrencies on his Twitter, and in general it doesn't matter for what reason Elon Musk wrote about these cryptocurrencies, the main thing is that after his message the growth of these two cryptocurrencies started, and this is the main thing.

If they will continue developing - it will be okay, but they work like any other hype coin. It's good for a fast profit if you will know the exact time to invest and withdraw. But it's so unstable that I will never keep my finances in that coin waiting for the best days like I can do with Bitcoin.

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it is possible and most likely Elon Musk will continue to promote other coins as well. But it's more likely that Musk will promote those coins which will put him in an advantageous position and care less about how that might impact the market.

So that's the main reason he doesn't promote any other coin unless it can show that it can add to his wealth. I'm not someone to say Musk is wrong; I'm just saying that's what I'm also going to do as an entrepreneur and try to increase my wealth as well. but why Elon Musk constantly writes about Dogecoin is not clear, most likely Elon Musk invests in Bitcoin and Dogecoin and therefore.

Elon Musk constantly advertises these two cryptocurrencies on his Twitter, and in general it doesn't matter for what reason Elon Musk wrote about these cryptocurrencies, the main thing is that after his message the growth of these two cryptocurrencies started, and this is the main thing.

Pierre 2

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I think Dogecoin became something other than normal coin. Its probably more recognized than Ethereum even. People buy and sell Dogecoin mainly for quick profits. So Elon Musk is not only reason, Doge is nice option for all kinds of speculators. Doge sort of has use too, many people prefer to use it for quick and cheap transactions. None of meme coins can claim Doge's place. Elon Musk speculation is just another reason to buy it.

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Quote from: Sethrey on November 22, 2022, 02:29:19 AM

I will still insist on the more possible growth of privacy coins, especially in a prism of the latest news about its ban within EU. Elon is now busy with twitter and seem to forger about the crypto world. Now he plays more in politics.

I also think that the ban on the use of privacy coins will have a wonderful effect on their growth. People are always interested in trying something forbidden. There are always ways to get around the bans.

Sethrey

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I will still insist on the more possible growth of privacy coins, especially in a prism of the latest news about its ban within EU. Elon is now busy with twitter and seem to forger about the crypto world. Now he plays more in politics.

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Quote from: iamverybusyperson on November 21, 2022, 06:22:46 AM

Quote from: Abiky on November 18, 2022, 08:28:34 PM

Quote from: OgNasty on October 29, 2022, 03:09:02 PM

The rise in market exchange rate price for DOGE since Elon bought Twitter has been astounding. I'm sure he's already made a small fortune off accepting DOGE for his "Burnt Hair" cologne earlier in the month. It's up over 50% just in the last 24 hours. There always seems to be something hyping DOGE, but as far as I can tell it's still seeing lower highs. I question if this latest pump isn't just more of the same. If the price doesn't break over $0.20, then I think we're still just seeing pump and dumps. If it does get significantly over $0.20 and stays there, I could see it making a run for a new ATH on the news that Twitter will be implementing DOGE payments.

Dogecoin's price usually moves up when there's hype surrounding the market. I'd say Elon Musk is the one person who "adds fuel to the fire" as he pumps the cryptocurrency's price across Twitter. While sometimes DOGE experiences short pumps, that's still not enough to make it reach a new All-time-high in price. Neither Dogecoin or any other altcoin will be able to reach new heights if Bitcoin is in "bearish mode". It's the one cryptocurrency which moves the rest of the market with it. If Bitcoin goes down, so will DOGE or any other cryptocurrency you can think of.

Many people are saying 2024 will be a bright year for crypto, as prices could pump following Bitcoin's block reward halving. If you bought coins at a discount now and hold onto them by the time prices pump, you'll be able to achieve solid gains in your investment. No one can predict the future, so we can only hope for the best. Just my opinion

DOGE is really only holding on because of Elon Musk's interest, but I doubt it can go on indefinitely. Bitcoin is indeed the very first and largest cryptocurrency, and basically the future of all cryptocurrencies depends on it. However, this does not mean that you cannot earn income on other cryptocurrencies.

Even if Elon didnt hype Doge which it could still remain and relevant in todays market.It does have its price and value or simply had the demand but its not really that high compared to others but it is

one of the oldest coins that we do have in the market.It doesnt really need someone for it to continue its existence and this is why its really very wrong to assume out that someone do really have

the full control or market manipulation but cant deny that he had really that influence but not a major or solid thing for you to make it as a primary indication.
If you do love on going or attaching with trends then go ahead.

iamverybusyperson

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Quote from: Abiky on November 18, 2022, 08:28:34 PM

Quote from: OgNasty on October 29, 2022, 03:09:02 PM

The rise in market exchange rate price for DOGE since Elon bought Twitter has been astounding. I'm sure he's already made a small fortune off accepting DOGE for his "Burnt Hair" cologne earlier in the month. It's up over 50% just in the last 24 hours. There always seems to be something hyping DOGE, but as far as I can tell it's still seeing lower highs. I question if this latest pump isn't just more of the same. If the price doesn't break over $0.20, then I think we're still just seeing pump and dumps. If it does get significantly over $0.20 and stays there, I could see it making a run for a new ATH on the news that Twitter will be implementing DOGE payments.

Dogecoin's price usually moves up when there's hype surrounding the market. I'd say Elon Musk is the one person who "adds fuel to the fire" as he pumps the cryptocurrency's price across Twitter. While sometimes DOGE experiences short pumps, that's still not enough to make it reach a new All-time-high in price. Neither Dogecoin or any other altcoin will be able to reach new heights if Bitcoin is in "bearish mode". It's the one cryptocurrency which moves the rest of the market with it. If Bitcoin goes down, so will DOGE or any other cryptocurrency you can think of.

Many people are saying 2024 will be a bright year for crypto, as prices could pump following Bitcoin's block reward halving. If you bought coins at a discount now and hold onto them by the time prices pump, you'll be able to achieve solid gains in your investment. No one can predict the future, so we can only hope for the best. Just my opinion

DOGE is really only holding on because of Elon Musk's interest, but I doubt it can go on indefinitely. Bitcoin is indeed the very first and largest cryptocurrency, and basically the future of all cryptocurrencies depends on it. However, this does not mean that you cannot earn income on other cryptocurrencies.

Abiky

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Quote from: OgNasty on October 29, 2022, 03:09:02 PM

The rise in market exchange rate price for DOGE since Elon bought Twitter has been astounding. I'm sure he's already made a small fortune off accepting DOGE for his "Burnt Hair" cologne earlier in the month. It's up over 50% just in the last 24 hours. There always seems to be something hyping DOGE, but as far as I can tell it's still seeing lower highs. I question if this latest pump isn't just more of the same. If the price doesn't break over $0.20, then I think we're still just seeing pump and dumps. If it does get significantly over $0.20 and stays there, I could see it making a run for a new ATH on the news that Twitter will be implementing DOGE payments.

Dogecoin's price usually moves up when there's hype surrounding the market. I'd say Elon Musk is the one person who "adds fuel to the fire" as he pumps the cryptocurrency's price across Twitter. While sometimes DOGE experiences short pumps, that's still not enough to make it reach a new All-time-high in price. Neither Dogecoin or any other altcoin will be able to reach new heights if Bitcoin is in "bearish mode". It's the one cryptocurrency which moves the rest of the market with it. If Bitcoin goes down, so will DOGE or any other cryptocurrency you can think of.

Many people are saying 2024 will be a bright year for crypto, as prices could pump following Bitcoin's block reward halving. If you bought coins at a discount now and hold onto them by the time prices pump, you'll be able to achieve solid gains in your investment. No one can predict the future, so we can only hope for the best. Just my opinion

Sethrey

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It seems to me that now is the right time to invest in privacy coins like monero or crypton. At the moment, the price to start is pretty good. I think they have potential.

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Quote from: Sethrey on November 02, 2022, 01:32:03 PM

Investors are bullish now on DOGE as they expect a prominent role for the coin within the global Twitter ecosystem with Elon at its helm. But yes, I believe that the story will repeat and it won't last long. I prefer to look for new coins now that seem promising and invest on early stages. maybe it will work out.

I also often think about it, but I'm afraid to invest in new ones. For complete certainty, I always prefer proven options. Maybe you can recommend something?

Sethrey

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Investors are bullish now on DOGE as they expect a prominent role for the coin within the global Twitter ecosystem with Elon at its helm. But yes, I believe that the story will repeat and it won't last long. I prefer to look for new coins now that seem promising and invest on early stages. maybe it will work out.

iamverybusyperson

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Quote from: Sethrey on October 31, 2022, 11:43:56 AM

Quote from: Punakawan on October 29, 2022, 11:32:18 PM

Today Doge skyrocketed up to 49%, the news that Twitter had belonged to Elon Musk and reportedly Twitter would use DOGE for the payment system to make investors continue to buy Doge, and I hope this is the beginning that DOGE immediately entered the top ranking coins.

And again, it's not a natural growth, but another manipulation of Elon Musk.. I don't really like such behavior of coins as it seems to me that nothing good will happen to them when the hype around them will be over.

It makes sense. I also suspect that this is just a hype. Maybe someone will be able to get some profit from this cryptocurrency, but in the long run it is better not to use it.

Sethrey

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Quote from: Punakawan on October 29, 2022, 11:32:18 PM

Today Doge skyrocketed up to 49%, the news that Twitter had belonged to Elon Musk and reportedly Twitter would use DOGE for the payment system to make investors continue to buy Doge, and I hope this is the beginning that DOGE immediately entered the top ranking coins.

And again, it's not a natural growth, but another manipulation of Elon Musk.. I don't really like such behavior of coins as it seems to me that nothing good will happen to them when the hype around them will be over.

iamverybusyperson

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Quote from: Punakawan on October 29, 2022, 11:32:18 PM

Today Doge skyrocketed up to 49%, the news that Twitter had belonged to Elon Musk and reportedly Twitter would use DOGE for the payment system to make investors continue to buy Doge, and I hope this is the beginning that DOGE immediately entered the top ranking coins.

This is quite possible. But don’t you think that the state will soon regulate such cryptocurrencies? Is it better to invest in privacy coins?

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Today Doge skyrocketed up to 49%, the news that Twitter had belonged to Elon Musk and reportedly Twitter would use DOGE for the payment system to make investors continue to buy Doge, and I hope this is the beginning that DOGE immediately entered the top ranking coins.

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Quote from: Abiky on October 23, 2022, 07:56:05 PM

Quote from: crunck on October 21, 2022, 12:45:16 AM

Dogecoin is a scam? I can tell you it has been around for almost 10 years and it even outlived a lot of other top coins. IOTA? I remember correctly it was also a potentially evaluated coin and now I don't see anyone mentioning it anymore, is it still alive? What project is MAXX finance, what do you say it will be better than doge, a new coin and such a fishy smell, how can you compare with doge?

I can tell you Dogecoin is NOT a scam. It's been around the crypto space for a pretty long time now. What I can tell you is that Dogecoin is not meant to be taken seriously because of the large number of coins in circulation. Even developers said so. I'd say DOGE has hold onto itself pretty well, even though other coins have died quickly. It may not retain its price for long, but it's certainly a fun little coin you can use for experimental purposes.

For some reason, DOGE has attracted the likes of Elon Musk and other popular figures (eg: Mark Cuban) in the mainstream world. Especially Mr. Musk who's been a staunch proponent of the "meme" coin lately. Anything he says could positively affect DOGE's price, so I wouldn't be surprised if the coin "pumps" after the next bull run. As long as you don't put all of your life savings into crypto, there should be nothing to worry about. Just my opinion

The rise in market exchange rate price for DOGE since Elon bought Twitter has been astounding. I'm sure he's already made a small fortune off accepting DOGE for his "Burnt Hair" cologne earlier in the month. It's up over 50% just in the last 24 hours. There always seems to be something hyping DOGE, but as far as I can tell it's still seeing lower highs. I question if this latest pump isn't just more of the same. If the price doesn't break over $0.20, then I think we're still just seeing pump and dumps. If it does get significantly over $0.20 and stays there, I could see it making a run for a new ATH on the news that Twitter will be implementing DOGE payments.

Topic: Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run? - page 7. (Read 5389 times)