Elon Musk please stop messing up the crypto market - page 14.

Lanatsa

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Are you new into this market? If not then you wont really be surprised on whats currently happening on the market.Hypes could really happen from time to time
and this isn't something new where these people could really make out some effects into the market as a whole.

Why would hate or getting annoyed about his tweets? He's not really the real deal but actually the people or the community that circling around
on where people do make out actions basing off on how he do give out his words and to know that this man is capable of big investment
then I cant blame out peoples presumptions.

Play with the waves to benefit out rather than on stressing out yourself.

doctor877

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the influence is really too much but its much expected as i see it as preplanned. i see some people already leveraging on the influence to make good profits while majority are getting hurt especially newbies. this influencing is not actively done, its just like a sideline shilling and people take it up from there. i am sure there is still more come for doge through this influence.

yhiaali3

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Of course, he chooses low coins, which are very easy to manipulate, as more than 10 billion dollars have been pumped into the dogecoin market in the past two days only, of course the whales are the first beneficiaries of this market manipulation, but to be honest there are many people who are happy with this manipulation because they have benefited. Significantly from this manipulation. I have seen this joy on many social media platforms talking about the Dogecoin infusion.

sulendra12

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

It's insane right? Who would have thought that some influencers could affect the market and make such chaos like now.
Elon musk has a history that whatever comes from his mouth would be real later.

Maybe we can use that as a signal if we use it appropriately.

Quote from: virtualdn on April 17, 2021, 03:40:40 AM

BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Ehhh, I do think Bitcoin is affected judging by how high the price is currently.

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Quote from: sunsilk on April 17, 2021, 02:20:34 PM

He may not say it directly but he's obviously owning probably millions of Dogecoins that he has bought when it was ignored by most and there's attention drawn to it by the community. And being him as a very powerful and influential tech guy that we know.

Those tweets could be annoying because it leads newbie investors blindly. But that's it, this is the market, there will be a gainer and there will be a loser. I'm waiting for him to start to tweet bitcoin every day.

Well, I also believe that he had millions of doges that he owned when prices were low, but is now able to create extraordinary ones with Elon Musk's tweets.
Even many novice investors continue to blindly buy doges at high prices because they believe it will increase even further in the future, but there's no telling whether there is a big drop or it's not clear that much will trap when the price of the doge drops.
Elon Musk is one of the most influential people in crypto. I only notice when he talks about any coin that is sure to increase.

TangentC

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Yes , you are the only one.
Personally think the guy is great.

BTC will most definitely be affected for the better.
As the price of Doge rises, it means more bitcoin is required to offset it in the markets.
This cause BTC to be more scarce and increases it price verses fiat.

So a rising Tide will raise both Doge and BTC ships.

It is a win win for both , as the majority of the world can no longer afford BTC,
but they can afford Doge and that can lift both higher against fiat. Wink

Remember Government Based Fiat is the enemy while mathematically derived crypto such as BTC and Doge are the salvation.

BTC serves the corporate and the rich, while Doge serves the masses.
Both have distinct and separate futures, but one where they both succeed.

sunsilk

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He may not say it directly but he's obviously owning probably millions of Dogecoins that he has bought when it was ignored by most and there's attention drawn to it by the community. And being him as a very powerful and influential tech guy that we know.

Those tweets could be annoying because it leads newbie investors blindly. But that's it, this is the market, there will be a gainer and there will be a loser. I'm waiting for him to start to tweet bitcoin every day.

7788bitcoin

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Quote from: Mbitr on April 17, 2021, 10:03:24 AM

Saw this tweet and it sums up crypto shilling perfectly I believe :

It sums up perfectly, anyone who is hearing about the hype and then looking at the price of Doge which is not that huge and anyone who wants to try the market will purchase them seeing all the shilling and viola the market pumps 400% in a few short days and they are making a fortune and anyone calling these pumps and dump looks like fools as they make all the profit in the short term Cheesy

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eaLiTy

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

When you have the top coins in the market out of reach for a common man as the price is sitting at an all time high valuation, investors usually tend to look for coins that can be pumped in the short period and in the case of Doge Coin you cannot blame Elon Musk entirely as the big whales are behind the pump and if anyone fall for that then they are to be blamed and they will learn their experience and be careful next time Grin

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AakZaki

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

~snip~

Yes the market has changed course with the power of an ELON writing. If I look at the effect there are two sides. First, thank you for making more and more famous with you, so that more people will want to follow you and equal your wealth. Second, for beginners and even experienced traders it is a heavy temptation, fomo makes them take the wrong decision (maybe for some traders). Elon broke the technical tradition of the number of coins, the more the number of coins in circulation, the cheaper the price. Currently it does not apply to what Elon said or writing.

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Well he has the ability, so why not.

If I have the ability to easily increase a coin, then I'd be happy to do so. he is like the CEO of a great wall street.

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Welcome to the crypto world. Pump and dump are normal in crypto. That is the the disadvantage of playing here in crypto. And that’s why many people also love crypto because there is no limit. We all have to learn how we will play in this case. I know it looks unfair, but let’s just go with the flow. Sell the news buy low sell high. In the end, we all want to take a profit.

michellee

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Life is hard. Sometimes the thing will happen like that. If people are not greedy to follow every news to make money, they will not get into the trap and be wise to react. They will find out why that thing can happen and if they think that is manipulation, they will stay away or follow for their own benefits. Elon Musk has done his part, and the rest will be up to people, whether they will follow whatever Elon Musk say or people must analyze before they follow something.

ChiBitCTy

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I am extremely annoyed by all the tweeting Elon has been doing about cryptocurrency. Really I am annoyed most by the Doge coin tweets. It amazes me how many people truly believe that he loves Doge coin. I was arguing with someone yesterday telling them Doge has no utility and no future upside potential and they replied back something like "there's a reason Elon musk is such a Doge fan"... of course I responded letting them know that he is trolling and if he really loved Doge why didn't telson buy 1.5 billion of it and not bitcoin. It's obnoxious but he gets a lot of attention for it ( which he loves ) so he's going to keep doing it.

Streets 2.0

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Elon Musk will do this everywhere and always where there is at least some hint of the temporary popularity of the theme. He must maintain the image of a person who understands everything and is aware of all the latest trends and trends. If tomorrow tulip bulbs come into fashion again - believe Elon Musk will be there and start either selling them or somehow monetizing it. Get used if you are not used to it!

Becky666

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Then the solution should be that, these market need a price to be paid before understanding the actual movement therein. Elon Musk's si growing his money around the cryptocurrency and Doge happen to be the shilling coin for that and people should understand him and never to follow their stupidity to fall into FOMO. There some other reputable public figure that do shill around with other coins, let the newbies learn from their mistakes about these tweets and never fall to them again, Elon Musk can't stop messing around with Dogecoin until we change our actions toward his FOMO.

pawanjain

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

We are in the same boat I guess because I used to like Elon Musk for his achievements and his growth from scratch.
But these days he has just become a shiller and pumping Doge. It's obvious that he is pumping Dogecoin since it is pumping in price after his tweet.
It would have made sense if Dogecoin was making development in their protocol but now it just looks like market manipulation.

capcaypro

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in fact it is very difficult for us if we have to fight a super powerful person like elon musk.
with his power just one tease can pump doge so crazy but for BTC I think he has to be extra if he wants to do the same because I've seen him make a twitt about btc but btc didn't happen anything significant.
but for doge it is different apart from its still low price doge can also be reached by small traders who use the power of elonmusk to take advantage.
actually happy elon as well as these small traders are equally profitable so a symbiosis of mutualism (this is what i see and i feel) but i don't know for big investors.

we can't control the current that makes doge go up but if we don't like it we can stop buying it I think so.

Kittygalore

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Quote from: Mbitr on April 17, 2021, 10:03:24 AM

Saw this tweet and it sums up crypto shilling perfectly I believe

https://twitter.com/defigod1/status/1383154119385448448?s=21

This is sad but I think that being mad that others are successful is not a characteristic of a good person, he should be happy that his bro got cheddar and also he should talk to his bro about his insecurities. To be honest, I am not annoyed with Elon doing this because you can actually use his shilling t your advantage, if he can move the market, follow the wave, the trendy ones are more successful.

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Quote from: virtualdn on April 17, 2021, 03:40:40 AM

Am I the only one who finds his tweets and market manipulation annoying?

A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.

Things like this always happen within the Crypto Industry and some situations are not just seen just because an influencer is talking about it. Elon Musk is fine to talk about Cryptocurrencies because he is familiar with Financial Technology because of his creation of PayPal. His tweets and every words coming out from him is just his own opinion and tweeting about it is his freedom. It will be normal for us to feel sad if things like this happen and even though DogeCoin is just a meme coin, if it gets shilled by someone with great influence, things like this are expected to happen.

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