Elon Musk accidentally created a new cryptocurrency. WTF? - page 4.

Rampagoe004

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https://duelbits.com/

Currently Floki is ranked #106 on the CMC site. It wasn't bad but it wasn't great either. Yes I agree with many who have said that people who are familiar with cryptocurrencies as SHIBA will see cryptocurrencies as just a game and price driven by influencers.

I don't know what Elon Musk was really thinking when he first tweeted that he was interested in DOGE. I mean what goes through the minds of people who already have billions of dollars in their pockets? I can't say this will be good or bad but I doubt if Elon Musk is promoting DOGE to make a bunch of money from it Huh

killerfrost

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Quote from: s.tanishka on May 31, 2023, 01:01:37 AM

These projects greatly damaged the image of cryptocurrencies and took away most of the liquidity that could go into technology projects. People who bought Shiba will see cryptocurrency just as a game, not as high tech

In fact, for this we should also look and re-evaluate many of the ongoing issues, from the hype, between the developers and the community of supporters. They have a connection and a lot of things are driven with greed from the people themselves, I don't want to blame any side when everything is still working and going the way it is, and the current state of affairs. The current situation of the market is also not really good when there are not many projects and clear ideas for a specific roadmap. The problem is that this has a negative effect on how people who don't know and are new to the market will have a negative view, but over time things change and I know a lot of people will come back to the market true to the core nature of the crypto market.

s.tanishka

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These projects greatly damaged the image of cryptocurrencies and took away most of the liquidity that could go into technology projects. People who bought Shiba will see cryptocurrency just as a game, not as high tech

zonefloor

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Quote from: timoshani on May 24, 2023, 05:05:57 PM

Quote from: zonefloor on May 24, 2023, 02:27:43 PM

Quote from: Sethrey on May 24, 2023, 02:09:51 PM

Quote from: podluznyj on May 22, 2023, 08:48:49 AM

I don’t agree with you, because Elon Musk doesn’t do anything by accident, this person does everything intentionally and he can’t accidentally create coins, everything is thought out in advance and he uses his earned money not by chance, but purposefully, which means that soon this coin will go up as he accidentally starts promoting his new altcoin

Well, it's worth noting that cryptocurrency markets are influenced by a multitude of factors, including technological advancements, market sentiment, regulatory developments, and broader economic conditions. While Elon Musk's involvement can create short-term fluctuations, the long-term trajectory of a coin's value is influenced by a variety of market forces and not solely reliant on the actions of one individual.

While I agree with your view, I generally disagree. Because a person who has billions of dollars of wealth and is closely followed by people is elon musk. For this reason, everything done by Elon Musk, whether in the long term or in the short term, is not a coincidence and while the return is high by one part, it can cause serious damage to the other. For this reason, as Elon Musk said in his friend by manipulating the market very well, in my opinion, nothing is a coincidence.

This is true, the influence of information stuffing from Elon Musk is always a shock for the crypto market. Following the launch year of the WTF token, it trades only on weak platforms. Therefore, I am always strained by the statements of this billionaire.

I think it would be wrong if we generalize that it is traded only on weak platforms. Because after the support thrown to the doge by Elon Musk, many crypto and meme cryptocurrencies have emerged, including shiba. Huge listings and massive monetization activities continued on these cryptocurrencies, including binance. Currently, this fomo is still going on.

timoshani

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https://imgur.com/1d0UcY0

Quote from: zonefloor on May 24, 2023, 02:27:43 PM

Quote from: Sethrey on May 24, 2023, 02:09:51 PM

Quote from: podluznyj on May 22, 2023, 08:48:49 AM

I don’t agree with you, because Elon Musk doesn’t do anything by accident, this person does everything intentionally and he can’t accidentally create coins, everything is thought out in advance and he uses his earned money not by chance, but purposefully, which means that soon this coin will go up as he accidentally starts promoting his new altcoin

Well, it's worth noting that cryptocurrency markets are influenced by a multitude of factors, including technological advancements, market sentiment, regulatory developments, and broader economic conditions. While Elon Musk's involvement can create short-term fluctuations, the long-term trajectory of a coin's value is influenced by a variety of market forces and not solely reliant on the actions of one individual.

While I agree with your view, I generally disagree. Because a person who has billions of dollars of wealth and is closely followed by people is elon musk. For this reason, everything done by Elon Musk, whether in the long term or in the short term, is not a coincidence and while the return is high by one part, it can cause serious damage to the other. For this reason, as Elon Musk said in his friend by manipulating the market very well, in my opinion, nothing is a coincidence.

This is true, the influence of information stuffing from Elon Musk is always a shock for the crypto market. Following the launch year of the WTF token, it trades only on weak platforms. Therefore, I am always strained by the statements of this billionaire.

zonefloor

hero member

Activity: 1862

Merit: 524

Quote from: Sethrey on May 24, 2023, 02:09:51 PM

Quote from: podluznyj on May 22, 2023, 08:48:49 AM

I don’t agree with you, because Elon Musk doesn’t do anything by accident, this person does everything intentionally and he can’t accidentally create coins, everything is thought out in advance and he uses his earned money not by chance, but purposefully, which means that soon this coin will go up as he accidentally starts promoting his new altcoin

Well, it's worth noting that cryptocurrency markets are influenced by a multitude of factors, including technological advancements, market sentiment, regulatory developments, and broader economic conditions. While Elon Musk's involvement can create short-term fluctuations, the long-term trajectory of a coin's value is influenced by a variety of market forces and not solely reliant on the actions of one individual.

While I agree with your view, I generally disagree. Because a person who has billions of dollars of wealth and is closely followed by people is elon musk. For this reason, everything done by Elon Musk, whether in the long term or in the short term, is not a coincidence and while the return is high by one part, it can cause serious damage to the other. For this reason, as Elon Musk said in his friend by manipulating the market very well, in my opinion, nothing is a coincidence.

Sethrey

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Quote from: podluznyj on May 22, 2023, 08:48:49 AM

I don’t agree with you, because Elon Musk doesn’t do anything by accident, this person does everything intentionally and he can’t accidentally create coins, everything is thought out in advance and he uses his earned money not by chance, but purposefully, which means that soon this coin will go up as he accidentally starts promoting his new altcoin

Well, it's worth noting that cryptocurrency markets are influenced by a multitude of factors, including technological advancements, market sentiment, regulatory developments, and broader economic conditions. While Elon Musk's involvement can create short-term fluctuations, the long-term trajectory of a coin's value is influenced by a variety of market forces and not solely reliant on the actions of one individual.

podluznyj

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Quote from: Starkick on June 30, 2021, 05:25:54 AM

The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog.

He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour.

After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%.

Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC.

Is all the excitement around the project really a hype? Like chiahype and etc.?

I don’t agree with you, because Elon Musk doesn’t do anything by accident, this person does everything intentionally and he can’t accidentally create coins, everything is thought out in advance and he uses his earned money not by chance, but purposefully, which means that soon this coin will go up as he accidentally starts promoting his new altcoin

s.tanishka

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Well, here he is again, he has pump the nft collection +14000% with just one tweet.

Sethrey

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Quote from: s.tanishka on May 13, 2023, 02:23:43 AM

I completely changed my attitude towards Musk after he started exerting his influence on the cryptocurrency market. Traders from all over the world were losing $200-300 million a day because of one tweet from Musk. This is not dignified behavior for a man of his caliber.

Exactly the man of his caliber and of his nature will do that. He brought many new things to this wold and he believes that he's kind of god on the earth. He likes to make fun of everything. If you'd have the same opportunities, won't you do the same?

s.tanishka

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I completely changed my attitude towards Musk after he started exerting his influence on the cryptocurrency market. Traders from all over the world were losing $200-300 million a day because of one tweet from Musk. This is not dignified behavior for a man of his caliber.

podluznyj

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Quote from: s.tanishka on April 23, 2023, 02:51:18 AM

Before everyone followed Elon Musk twitter and as soon as he wrote something, the market immediately reacted with growth or fall. in 2020-2021 he made a lot of cryptocurrency-related tweets. Then market participants vigorously discussed all his tweets. And his tweets really influenced the rise or fall. The reason is that the market is too young and too small. 90% of market participants are ordinary people who have nothing to do with investments and their minds are easy to manipulate.

I also followed elon Musk, all his undertakings and promotions of crypto-currencies, especially the dogs that he promoted and indeed the price grew very quickly, but all this PR does not lead to anything good for an ordinary member of the crypto community, people lose their earned money, and Elon Musk on it makes good money

s.tanishka

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It's strange that there's no news in this thread either about the CULT token that Elon Musk has zamapmited with his tweet. The token doubled in value and expectedly returned to its previous price.

Sethrey

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Quote from: s.tanishka on April 28, 2023, 03:58:16 AM

Now Musk's actions on Twitter could play havoc with the DOGE. The growth of the DOGE coin was based solely on Ilon Musk. Now the market no longer reacts that way to his news. In the future perhaps all DOGE holders will suffer a lot because of this because the meme coin will be useless and its price will go down.

It's true that Elon Musk's tweets and public statements have had a significant impact on the price of Dogecoin in the past. However, it's important to remember that the cryptocurrency market is highly volatile and influenced by a variety of factors beyond any single individual's influence.

mirakal

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Quote from: carrie_white on April 20, 2023, 10:34:20 AM

I have given up on Elon Musk, I think Elon Musk is promoting meme coins only for personal gain, or even just for fun and there is no interest in these meme coins at all, especially with new meme coins like Floki

What do you expect my friend, that the famous crypto whale Elon Musk will promote something for everybody's gain? That just impossible to happen and quite too muck to ask.
And surely you already had some doubts even before about this motive and why he is doing all this while being mysterious in the same place, but you still chose to ride with the hype with the hopes that Elon Musk got a good plan for the sake of mankind.

s.tanishka

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Now Musk's actions on Twitter could play havoc with the DOGE. The growth of the DOGE coin was based solely on Ilon Musk. Now the market no longer reacts that way to his news. In the future perhaps all DOGE holders will suffer a lot because of this because the meme coin will be useless and its price will go down.

Sethrey

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Quote from: carrie_white on April 20, 2023, 10:34:20 AM

I have given up on Elon Musk, I think Elon Musk is promoting meme coins only for personal gain, or even just for fun and there is no interest in these meme coins at all, especially with new meme coins like Floki

I understand your frustration and concerns about Elon Musk's involvement with meme coins such as Floki. While it's difficult to know for sure what his intentions are, it's important to remember that cryptocurrency, in general, is still a relatively new and volatile market. It's not uncommon for influential figures like Elon Musk to have an impact on the market through their actions and comments. And it's also important to note that investing in cryptocurrency, particularly in meme coins, carries a high level of risk. These coins are often highly speculative and can experience extreme volatility.

s.tanishka

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Before everyone followed Elon Musk twitter and as soon as he wrote something, the market immediately reacted with growth or fall. in 2020-2021 he made a lot of cryptocurrency-related tweets. Then market participants vigorously discussed all his tweets. And his tweets really influenced the rise or fall. The reason is that the market is too young and too small. 90% of market participants are ordinary people who have nothing to do with investments and their minds are easy to manipulate.

abel1337

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FOCUS

Quote from: carrie_white on April 20, 2023, 10:34:20 AM

I have given up on Elon Musk, I think Elon Musk is promoting meme coins only for personal gain, or even just for fun and there is no interest in these meme coins at all, especially with new meme coins like Floki

It's obvious from the start. There are too many coins to choose from but Elon choose to shill a meme coin which most of us guess he accumulated bags of it before even promoting it. We can even see how effective he is in the market this is why people want to ride his hype and to create their own profit from it. Elon Musk hype is not the same as it was before and I hope that it will continue that he gradually lose the influence of shilling coins like DOGE. I remember that Floki meme coin, There are different versions of that and I think also received a variant of that from an airdrop from a different blockchain. That's how strong Elon's influence before. I hope people learned their lesson last bull market.

carrie_white

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I have given up on Elon Musk, I think Elon Musk is promoting meme coins only for personal gain, or even just for fun and there is no interest in these meme coins at all, especially with new meme coins like Floki

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