Elon Musk please stop messing up the crypto market - page 6.

finaleshot2016

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Quote from: virtualdn on April 17, 2021, 04:40:40 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.

Only go for the pump-and-dump scheme; they should be aware that Dogecoin is a meme coin that is transitioning to a utility coin because most platforms now support it. Shilling isn't a concern because it's one of the marketing strategies for hyping an asset. People should be aware that entering the hype is risky and that they should still DYOR.

If you haven't done any research into these types of coins, especially dogecoin, Elon Musk's most shilled token, you should.

DOH!

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I think Elon is no coincidence to present distinct pictures that will attract public interest. He is very smart and may have seen trends in the market. Almost, the market now contains great work up to this point. It's Doge - This is the big difference between famous and wealthy people. Elon is a symbol and an idol of the community. Elon is the protagonist of this year!

iphone5s

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Quote from: cheezcarls on May 05, 2021, 08:51:16 AM

Until now he is still messing with us, and now DOGE just toppled XRP on CoinMarketCap in market capitalization. With no real use case and fundamentals, this is easily a big bubble that will burst very hard once it’s pricked any time. It’s a pump and dump coin actually, a funny meme coin but with a strong community.

This shocked a lot of people and created a surprise that many didn't expect, but you should be careful with this because falling is a big risk nowadays. Don't be too greedy with all of this. Will the end of the year have a big boom again? or even worse. Sometimes a funny meme coin makes you amazed at what will appear without realizing it. Cheesy

pooya87

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Quote from: TastyChillySauce00 on May 05, 2021, 10:07:25 PM

Quote from: arapgeceleri on May 05, 2021, 07:42:40 PM

Elon musk and the tesla company have recently been accused of constant manipulation. We could say they are manipulating the market, but many people seem to be happy with this situation. because these manipulations make people money and they want it to continue. They are constantly following Elon Musk's tweets. people got used to this situation.

Manipulating doge maybe yes but I doubt he could be considered "manipulating" bitcoin market, he has influence but doesn't necessarily means he's manipulating it, the market itself could go up without even the help of elon musk but maybe not this high, even stocks are usually influenced by statements of some famous people as well but there's no one complaining of manipulation. Therefore if same thing happened to crypto more specifically bitcoin where the value keep increasing because of elon hype, it's simply because most of people are welcoming it.

Exactly and I say that manipulation is not a bad thing to have in this market because the more of it we have the more resilient the market participants are going to become against such manipulations.
For example a panic seller who sold their bitcoin because of some FUD and lost a lot of money on reversal is going to think twice when the next time they spread some FUD again. That diminishes the effects of FUD in general.
Similarly when a panic buyer buys some shitcoin that they are trying to pump and then loses a lot of money when they dump on them they learn not to "invest" in anything other than bitcoin.

TastyChillySauce00

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Quote from: arapgeceleri on May 05, 2021, 07:42:40 PM

Elon musk and the tesla company have recently been accused of constant manipulation. We could say they are manipulating the market, but many people seem to be happy with this situation. because these manipulations make people money and they want it to continue. They are constantly following Elon Musk's tweets. people got used to this situation.

Manipulating doge maybe yes but I doubt he could be considered "manipulating" bitcoin market, he has influence but doesn't necessarily means he's manipulating it, the market itself could go up without even the help of elon musk but maybe not this high, even stocks are usually influenced by statements of some famous people as well but there's no one complaining of manipulation. Therefore if same thing happened to crypto more specifically bitcoin where the value keep increasing because of elon hype, it's simply because most of people are welcoming it.

okae

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northern exposure

Quote from: ?? on ??

Why not do something that benefits you?

For some people, to have "4 billions of $ or 4.01 billions of $" does not made any difference (just random numbers...), specially if you are doing it just for "fun", witch seems the case...anyways, greedy people will never have enought of anything...

Btw ofc, he is free to do it and wasted his time and money whatever he want, but again, this type of people who can "change things", should wasted his time and his money on better things...

arapgeceleri

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Elon musk and the tesla company have recently been accused of constant manipulation. We could say they are manipulating the market, but many people seem to be happy with this situation. because these manipulations make people money and they want it to continue. They are constantly following Elon Musk's tweets. people got used to this situation.

carlfebz2

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Quote from: xiboothrezi on May 05, 2021, 06:51:28 PM

Quote from: cheezcarls on May 05, 2021, 08:51:16 AM

Until now he is still messing with us, and now DOGE just toppled XRP on CoinMarketCap in market capitalization. With no real use case and fundamentals, this is easily a big bubble that will burst very hard once it’s pricked any time. It’s a pump and dump coin actually, a funny meme coin but with a strong community.

yes, this is the real bubble. because without any real fundamental support or product function the price can soar. just because of a tweet from a rich man, who doesn't even seem too serious in this area. this is really messy, technical analysis is even useless as the price moves due to unexpected force. although it looks promising but this is full of traps, the price can be knocked down at any time, and will be very fatal if you take the shoot.

Always take precaution when you do tend to deal with Doge.even myself is really in hesitance on buying or entering now because you wouldnt know on when it would dump and making yourself

get caught in the peak and leading for you to hold like forever or would sell on loss but if you can able to take the risk then go ahead but if not then better to be observant.

You cant really stop those people who do tend to get involved in this market since its a free one then you cant blame others on not to deal with it.

xiboothrezi

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Quote from: cheezcarls on May 05, 2021, 08:51:16 AM

Until now he is still messing with us, and now DOGE just toppled XRP on CoinMarketCap in market capitalization. With no real use case and fundamentals, this is easily a big bubble that will burst very hard once it’s pricked any time. It’s a pump and dump coin actually, a funny meme coin but with a strong community.

yes, this is the real bubble. because without any real fundamental support or product function the price can soar. just because of a tweet from a rich man, who doesn't even seem too serious in this area. this is really messy, technical analysis is even useless as the price moves due to unexpected force. although it looks promising but this is full of traps, the price can be knocked down at any time, and will be very fatal if you take the shoot.

NelfiNovita

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Quote from: virtualdn on April 17, 2021, 04:40:40 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.

Elon Musk is not destroying the crypto market but he is a supporter of the cryptocurrencies he likes. The rise in the price of Dogecoin is not because of Elon Musk but what makes Dogecoin price up because Dogecoin serves as a popular payment platform in America and around the world due to its extremely low price. On the other hand, there is also something that makes the price of Dogecoin go up because Dogecoin has been listed on the trading platform in Israel and another driving factor is that their Oakland Athletics Baseball team provides payment in Dogecoin.

kobita333

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While the Bitcoin investment is a side show for Tesla, it's clearly been a good initial investment and a trend we expect could have a ripple impact for other public companies over the next 12 to 18 months," Ives said.

Tesla CEO Elon Musk is a proponent of digital currencies. He recently said bitcoin is "is simply a less dumb form of liquidity than cash."
We have to welcome him.

Maslate

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Quote from: k@suy on May 05, 2021, 06:49:29 AM

Quote from: Maslate on May 04, 2021, 05:23:15 PM

You can't blame what some people think about him, he just brought this market to a new level, especially DOGE. It's not illegal, otherwise, he is arrested, but we know for a fact that it's called manipulation because he uses his popularity to influence the decision of the people, though in an indirect way.

Some of us may find Elon Musk tweets annoying or what he doing was messing up the cryptomarket. Making people follow whatever he mention like shilling Doge in his tweets which make Doge move from the previous standard to levelling up what Doge market standard have right now.
Now, we can't blame people believing Elon Musks because he has a power to attract because of his influence and because of his wealth.

And the fact that it was their choice, ain't have right to stop them. It is just like they appreciate what Elon Musk did and besides, they are also benefiting from the so-called manipulation that he brings.
We find this place crypto market full of surprises, ain't that all manipulated as I still believe. It just happens that influential people like Elon had something like charisma that could really attract people to follow what he says.

cheezcarls

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Until now he is still messing with us, and now DOGE just toppled XRP on CoinMarketCap in market capitalization. With no real use case and fundamentals, this is easily a big bubble that will burst very hard once it’s pricked any time. It’s a pump and dump coin actually, a funny meme coin but with a strong community.

isaac_clarke22

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Quote from: virtualdn on May 04, 2021, 05:12:26 PM

~

Thing is when someone is rich, people believe that he knows everything already. I respect Musk for his inventions, but I just hate how his followers or even fans, if that's what you call it, go crazy about his claims and would just typically follow what he is doing. Everyone's goal is to be rich that's why every single footprints that a celebrity makes is/are being followed by the many.

k@suy

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Quote from: Maslate on May 04, 2021, 05:23:15 PM

You can't blame what some people think about him, he just brought this market to a new level, especially DOGE. It's not illegal, otherwise, he is arrested, but we know for a fact that it's called manipulation because he uses his popularity to influence the decision of the people, though in an indirect way.

Some of us may find Elon Musk tweets annoying or what he doing was messing up the cryptomarket. Making people follow whatever he mention like shilling Doge in his tweets which make Doge move from the previous standard to levelling up what Doge market standard have right now.
Now, we can't blame people believing Elon Musks because he has a power to attract because of his influence and because of his wealth.

Zilon

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Bitcoindata.science

We should always remember staying in profit remains the goal and as such Elon musk as a digital investor that he is has set out his target with manipulative approach to cause spikes that would increase his potential earnings. Investment is meant for those with the rich mindset. Follow the trend and neglet the masses. It's a good time to hood position and also a perfect time to buy more

dikistutmazsabri

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elon musk has really begun to get involved in the crypto market lately. this situation bothered me a little. because he directs many people, many people act according to his tweets. He directs people and she is also aware.. I want to see news about his own business, not about crypto. Everyone around me made their Dogecoin investment because of Elon Musk. He was a winner or a loser. Losers are constantly waiting for Elon Musk to tweet.

Maslate

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Quote from: TangentC on May 04, 2021, 03:54:19 PM

Quote from: artdecobsc on May 04, 2021, 12:05:09 PM

He actually Inspires A Lot Of Us Roll Eyes

True Point, and he has increased the Popularity of Bitcoin and Doge.

After all he does accept bitcoin for a Tesla.

He has done more for crypto mass adoption than the majority of posters here.

You can't blame what some people think about him, he just brought this market to a new level, especially DOGE. It's not illegal, otherwise, he is arrested, but we know for a fact that it's called manipulation because he uses his popularity to influence the decision of the people, though in an indirect way.

TangentC

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Quote from: virtualdn on May 04, 2021, 05:12:26 PM

Quote from: TangentC on May 04, 2021, 05:08:56 PM

Quote from: virtualdn on May 04, 2021, 04:34:03 PM

Quote from: TangentC on May 04, 2021, 03:54:19 PM

Quote from: artdecobsc on May 04, 2021, 12:05:09 PM

He actually Inspires A Lot Of Us Roll Eyes

True Point, and he has increased the Popularity of Bitcoin and Doge.

After all he does accept bitcoin for a Tesla.

He has done more for crypto mass adoption than the majority of posters here.

Really? Just because he is a billionaire? I gave away myself ~50K-100K Dogecoins years ago through my Doge games and Reddit giveaways when Elon Musk and most people had no idea what Dogecoin is. I've discovered Dogecoin since day 1 here on this forum so you're wrong.

And your tweet on dogecoin up the price how much?

Don't delude yourself, that is part of the reason you are so bitter.

Elon is a modern day Edison, so he is a genius with a side of billionaire.
Having someone like that help spread the crypto is not a bad thing, and if you think it is, the color green is not your color.

You don't understand what I'm saying. People are following Musk like sheep just because he is rich. People should use their minds also, the mind is free to use, you don't need to be a billionaire.

So people should follow you instead , because you feel you are more virtuous if you are not ultra rich.

Or you believe people should just use their own minds.
Herd Mentality is there for a reason, and just because investors also follow it, sorry welcome to this reality.
Over half the people here don't understand economics or even how crypto works, so they follow others,
sorry that is just the world you live it.

virtualdn

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Quote from: TangentC on May 04, 2021, 05:08:56 PM

Quote from: virtualdn on May 04, 2021, 04:34:03 PM

Quote from: TangentC on May 04, 2021, 03:54:19 PM

Quote from: artdecobsc on May 04, 2021, 12:05:09 PM

He actually Inspires A Lot Of Us Roll Eyes

True Point, and he has increased the Popularity of Bitcoin and Doge.

After all he does accept bitcoin for a Tesla.

He has done more for crypto mass adoption than the majority of posters here.

Really? Just because he is a billionaire? I gave away myself ~50K-100K Dogecoins years ago through my Doge games and Reddit giveaways when Elon Musk and most people had no idea what Dogecoin is. I've discovered Dogecoin since day 1 here on this forum so you're wrong.

And your tweet on dogecoin up the price how much?

Don't delude yourself, that is part of the reason you are so bitter.

Elon is a modern day Edison, so he is a genius with a side of billionaire.
Having someone like that help spread the crypto is not a bad thing, and if you think it is, the color green is not your color.

You don't understand what I'm saying. People are following Musk like sheep just because he is rich. People should use their minds also, the mind is free to use, you don't need to be a billionaire.

Topic: Elon Musk please stop messing up the crypto market - page 6. (Read 3123 times)