Dogecoin Spikes 10% After News Of Musk's $3B Stake in Twitter - page 2.

Cryptock

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Quote from: nimogsm on April 25, 2022, 08:31:17 AM

I saw the news today that Max is already negotiating on Twitter and the price of doge reacted against the background of this event.However, this does not help the current price in any way.Doge fans see things that don't exist and won't happen, and Elon doesn't need doge.

Elon Musk likes to joke. In my opinion, he has not yet said the last word about DOGE. I also think that he will not invest in Dogecoin, because he is definitely interested in more serious projects, but I'm sure that only one tweet is enough and after such a long silence the DOGE price will shoot again x %%%

nimogsm

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I saw the news today that Musk is already negotiating on Twitter and the price of doge reacted against the background of this event.However, this does not help the current price in any way.Doge fans see things that don't exist and won't happen, and Elon doesn't need doge.

magneto

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This is getting absolutely insane now.

DOGE holders and other memecoin holders worship Elon to notice their projects.. And grasp at every straw as a sign that their chosen crapcoin is going to pump to the moon.

No, Twitter getting acquired has nothing to do with Dogecoin and Doge will never have any sort of real utility. Quit thinking like that. It is not going to work for the long term.

adaseb

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If you pull up a daily chart you can see that most of his pumps usually get faded, even when he announced that you can buy merch with doge coin.

I don’t think the bottom is in for doge yet. And I do this that 70 cents was indeed the all time high. The amount of miner revenue each day was just not sustainable for doge to go to like $5-10 a doge.

Supply released per day is just way too high.

blockman

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These spikes are just temporary and it will be gone even before the day ends. Those scalp traders are the ones who makes the most from it and they're happily going to trade it and sell it eventually if they get 5% or 10% and even more by that time before it starts to drop again.
Well, those who have been holding dogecoin at the top. You're now feeling that there's a need for you to do something before you get more losses. It's either you sell or wait until it goes back to the past ATH which is unlikely.

Joca97

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I think that o most everysingle thing that Elon Musk does effects the price of Dogecoin,for some reason he helps even the Dogecoin developers make the coin be usefull. It would be good if Twitter allows payments in Doge this would send the price skyhigh really fast and make Dogecoin again trending as it was couple of months ago.

stepwilli

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Quote from: FrozenBit on April 19, 2022, 08:47:26 AM

@sovie @wxa7115
I agree with everyone because of what happened. Maybe those of us who joined earlier than the beginners now will have a more proper view of this coin. However, we also see the excitement that Elon Musk creates in the crypto market, I personally see memecoins as no different from how shillers spread MLM products, so it doesn't mean that putting money into this market also brings positive value to all. You can't blame Elon Musk because he brought a meme environment, but you also have to admit the mistake of approaching the market when knowledge as well as money without a good plan will make newcomers more lose.

It is normal for us to feel this way, because we know the past of it and we are aware of the situation. This means that we shouldn't really be looking at something that is this much risky. Because, we have seen these things before, maybe newbies didn't live through these type of risky movements and that is why they have more confidence in it then we do, but at the end of the day we know what these type of investments could bring and that is why we are staying away from it.

Doesn't mean that nobody made any profit, I am sure that doge investors who got in early, and got out when it was around 70 cents did made a lot of money, but that type of risk doesn't really make it worth it to me.

sana54210

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Quote from: sovie on April 18, 2022, 04:21:39 AM

There is a lot of speculation about this, but I also believe that Elon Musk tweets about Dogecoin were just a joke. Actually, like the whole idea of creating this meme coin.
It is very possible that Elon Musk did not expect that what he was doing could suffer such huge consequences. Now it has turned into some kind of mania and everything Elon Musk is doing is making the Dogecoin price go up.

I agree, he is just a weird dude that likes to be boosted and this is what I have told all the time. Watch doge community starting to hate doge somehow and for some reason, you will see him turn on doge and start to bash it and say shit about it.

The only reason why he promoted it and tweeted about it was the fact that people bought after he tweeted and then loved him for increasing. Check under his tweets, you will see that there are thousands of people who write tweets similar to "I bought xxxx amount doge and now I have nothing left because of you!!" and he ignores all of that. Dude just liked the fact that he was loved and capable of increasing price of something.

FrozenBit

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@sovie @wxa7115
I agree with everyone because of what happened. Maybe those of us who joined earlier than the beginners now will have a more proper view of this coin. However, we also see the excitement that Elon Musk creates in the crypto market, I personally see memecoins as no different from how shillers spread MLM products, so it doesn't mean that putting money into this market also brings positive value to all. You can't blame Elon Musk because he brought a meme environment, but you also have to admit the mistake of approaching the market when knowledge as well as money without a good plan will make newcomers more lose.

wxa7115

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Quote from: sovie on April 18, 2022, 04:21:39 AM

Quote from: FrozenBit on April 18, 2022, 04:02:35 AM

Quote from: sovie on April 18, 2022, 03:39:12 AM

If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.

If I remember correctly, the process of starting to push the price was discontent with traditional financial products related to the SWB incident, and Dogecoin was almost the name of choice for the crazy joke. Prior to that, the $1 target was a look for many hoping Elon Musk could make a difference, since Elon Musk's interest in crypto makes me feel like he's a meme in this space.

There is a lot of speculation about this, but I also believe that Elon Musk tweets about Dogecoin were just a joke. Actually, like the whole idea of creating this meme coin.
It is very possible that Elon Musk did not expect that what he was doing could suffer such huge consequences. Now it has turned into some kind of mania and everything Elon Musk is doing is making the Dogecoin price go up.

At the end even if that was not his intention now almost everything that Musk does is somehow connected to dogecoin in some way or another by the people interested in the coin.

However while at the beginning I failed to see the connection with Musk buying so much Twitter stock and dogecoin the fact that Musk wants to buy all stocks of Twitter for a high price could lead to dogecoin being implemented in the website, which could make it go up in price, however it seems those at the very top do not really want to sell to Musk their stocks and they are taking steps to prevent a hostile takeover of Twitter by him.

sovie

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Quote from: FrozenBit on April 18, 2022, 04:02:35 AM

Quote from: sovie on April 18, 2022, 03:39:12 AM

If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.

If I remember correctly, the process of starting to push the price was discontent with traditional financial products related to the SWB incident, and Dogecoin was almost the name of choice for the crazy joke. Prior to that, the $1 target was a look for many hoping Elon Musk could make a difference, since Elon Musk's interest in crypto makes me feel like he's a meme in this space.

There is a lot of speculation about this, but I also believe that Elon Musk tweets about Dogecoin were just a joke. Actually, like the whole idea of creating this meme coin.
It is very possible that Elon Musk did not expect that what he was doing could suffer such huge consequences. Now it has turned into some kind of mania and everything Elon Musk is doing is making the Dogecoin price go up.

FrozenBit

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Quote from: sovie on April 18, 2022, 03:39:12 AM

If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.

If I remember correctly, the process of starting to push the price was discontent with traditional financial products related to the SWB incident, and Dogecoin was almost the name of choice for the crazy joke. Prior to that, the $1 target was a look for many hoping Elon Musk could make a difference, since Elon Musk's interest in crypto makes me feel like he's a meme in this space.

sovie

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Quote from: Doell on April 17, 2022, 05:35:50 PM

Elon is not serious about adopting more doge, if he is serious then the price will continue to be pumped as it should be because he has a lot of money. He only cares about his company and doge is not as important as what he says on twitter he cares so much about doge, when in reality he is someone who also wants to profit from crypto too.

If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.

lornadane

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Quote from: Naficopa on April 17, 2022, 06:24:41 PM

Quote from: ItsCrafty on April 11, 2022, 07:21:59 AM

It's just a fake pump and all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.

Quote from: Naficopa on April 17, 2022, 06:24:41 PM

Quote from: ItsCrafty on April 11, 2022, 07:21:59 AM

It's just a fake pump and all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.

Yes I also think that this is not the end of the coin meme story because even though Dogecoin is memecoin it is different from other memecoins.
He rose from a price that was not worth so many years until now he has a price I don't
Think it will be easy to return to the previous price.

Naficopa

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Quote from: ItsCrafty on April 11, 2022, 07:21:59 AM

It's just a fake pump and all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.

Doell

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Elon is not serious about adopting more doge, if he is serious then the price will continue to be pumped as it should be because he has a lot of money. He only cares about his company and doge is not as important as what he says on twitter he cares so much about doge, when in reality he is someone who also wants to profit from crypto too.

cryptoperkele

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I wonder how dogecoin reacts after Elon Musk finally acceps that doge is a pow coin and has to denounce it as he denounced bitcoin. Also it doesn't scale as well as he thinks and the rate of issuance is too high to be a store of value.

justdimin

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Quote from: ItsCrafty on April 11, 2022, 07:21:59 AM

It's just a fake pump and all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

It is already down again. After the news, price went back to what it was during the march period already and doesn't look like it is any different from the general crypto market levels. Bitcoin is back to what it was and eth is too, and many others are too. Which is a proof that the spike we saw was a temporary one and nothing big.

If you really think that it was something a bit better, then you probably assumed crypto would do better as well. However, it was always clear to me that it wasn't a good thing and would never do well. Elon buying stake in Twitter has absolutely zero to do with doge, anyone who connected the dots, connected the wrong dots together.

ItsCrafty

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It's just a fake pump and all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

YinShuiSiYuan

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Quote from: Coinshots on April 04, 2022, 10:33:53 AM

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I do not understand where these DOGE price movements come from?! After all, the information about Musk's investment in Twitter has nothing to do with cryptocurrencies.
As far as I know, Musk never said he would ever invest in DOGE, so this type of price movement is totally unjustified to me.

Topic: Dogecoin Spikes 10% After News Of Musk's $3B Stake in Twitter - page 2. (Read 514 times)