Elon Musk supports doge | Bitcointalksearch.org

Wakate

hero member

Activity: 1176

Merit: 543

fillippone - Winner contest Pizza 2022

Quote from: ? on October 28, 2024, 11:55:24 AM

In the early hours of today, the x owner (Elon Musk) made a post on twitter showing he's support for the doge coin
Well in my opinion I'm happy he did this because this will not only increase the awareness of doge coin to the public but will also increase the trust people have for the cryptocurrency
Hopefully this will be enough to show people that doge coin has never been a shit coin

https://x.com/elonmusk/status/1850718973564006767?t=3AZXJZATpJMud32ZCCltxA&s=19

Doge has been the number meme coin in the market and currently the market value keeps increasing everyday. I hope to make a fortune from my holding even though some analysts keep going for alternative coin because they believe the market is high and might not move well compared to the meme coins in the market that has low market cap. This is going to be huge and I hope to see better price movements by the time the price of Bitcoin hit 100k and exceed it. Whether we are fans of meme coin or not, we need to invest in good token so that we can make money from the crypto market.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: ? on November 13, 2024, 05:27:06 PM

So Elon (and Vivek) are chosen by Trump to become the head of the 'Department Of Government Efficiency'.....D.O.G.E..!!

Just too bizarre to contemplate.

.

Yes. It is weird. I assume a whole new government agency will be created under that same name? I wonder if Elon will come up with the idea of paying federal employees in Dogecoin? If approved, it would boost DOGE's market prices all the way to Mars. A valuation of $1 won't be enough for the "meme" coin. The excitement won't last for long, though. Especially if Republicans lose the 2028 election (I hope not).

Without Elon on-board, Dogecoin's market prices will go back to the way they were. For those who held DOGE before the "pump", I'd like to say congratulations. An increase of 120% in Dogecoin's value within a week is insane, imho. You could've made a lot of money riding the hype. I'd bet Elon has made more money than ever. Who knows what will he do next? Cheesy

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: ? on November 13, 2024, 05:27:06 PM

So Elon (and Vivek) are chosen by Trump to become the head of the 'Department Of Government Efficiency'.....D.O.G.E..!!

Just too bizarre to contemplate.

.

yeah the support can't be more obvious than this Grin

. thats it guys, elon definitely supports DOGE.

Quote from: mich on November 12, 2024, 02:46:44 AM

Well if you are a person that hodl Doge coin right now you are making so very big profits. It is up 140 percent in only last 7 days. I do not think we seen profit like that before for this meme coin.

There is a analyst that is very 'bullish' with his thought on the price of it. It is a historical pattern that can make Doge coin go to $23. I do think it is too 'bullish' to think that but we are seeing big gains and do not know if that will end.

https://www.tradingview.com/news/newsbtc:d70aec65b094b:0-dogecoin-to-as-high-as-23-this-pattern-could-hint-so/

the presence of D.O.G.E might really be the catalyst that causes such thing to happen, but honestly, it's always fascinating seeing a coin that's already valued so high, still go up so high anyway.
crazy time we live in.
but that's just how it is, money escapes gold and goes to meme coin.

CK485

member

Activity: 280

Merit: 22

WOITOKEN Play to Earn NFT Game

Quote from: Abiky on November 13, 2024, 12:00:14 PM

Impressive, isn't it? Dogecoin rose much faster than Bitcoin itself. The 120% rate increase within a week is insane. Can't believe how one man (Elon Musk) has huge influence on a crypto coin's price. At this pace, DOGE will reach $1 in no time. I regret not having bought Dogecoin before the big "pump". Now I'm missing out all of the fun. Hoping there's another bear market to grab more coins at a discount.

What troubles me is Elon Musk's unwillingness to keep up his promises. He did say he wanted to integrate Dogecoin for payments on X (formerly known as Twitter). But it's the day where such promises haven't materialized yet. I think Elon Musk is playing with investors' minds. Once he gets what he wants (turn a huge profit), he will abandon the coin in search of the next big thing. That's the way it works.

Why would anyone think Elon Musk will take Dogecoin seriously? It's a "meme" coin after all. At least, he has great plans to revitalize the American economy. Elon Musk alongside Trump and Vance make a pretty good team. Who knows what will happen in the future? Cheesy

It is difficult to predict what will happen in this meme, although they shape and strengthen the economy that occurs, Elon Musk's statement can affect the movement of meme coins and so Dogecoin has increased, with its many followers it can be utilized, it is not the right thing in terms of investing, there is a need to think in that direction.

?

Activity: -

Merit: -

So Elon (and Vivek) are chosen by Trump to become the head of the 'Department Of Government Efficiency'.....D.O.G.E..!!

Just too bizarre to contemplate.

.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: mich on November 12, 2024, 02:46:44 AM

Well if you are a person that hodl Doge coin right now you are making so very big profits. It is up 140 percent in only last 7 days. I do not think we seen profit like that before for this meme coin.

There is a analyst that is very 'bullish' with his thought on the price of it. It is a historical pattern that can make Doge coin go to $23. I do think it is too 'bullish' to think that but we are seeing big gains and do not know if that will end.

https://www.tradingview.com/news/newsbtc:d70aec65b094b:0-dogecoin-to-as-high-as-23-this-pattern-could-hint-so/

Impressive, isn't it? Dogecoin rose much faster than Bitcoin itself. The 120% rate increase within a week is insane. Can't believe how one man (Elon Musk) has huge influence on a crypto coin's price. At this pace, DOGE will reach $1 in no time. I regret not having bought Dogecoin before the big "pump". Now I'm missing out all of the fun. Hoping there's another bear market to grab more coins at a discount.

What troubles me is Elon Musk's unwillingness to keep up his promises. He did say he wanted to integrate Dogecoin for payments on X (formerly known as Twitter). But it's the day where such promises haven't materialized yet. I think Elon Musk is playing with investors' minds. Once he gets what he wants (turn a huge profit), he will abandon the coin in search of the next big thing. That's the way it works.

Why would anyone think Elon Musk will take Dogecoin seriously? It's a "meme" coin after all. At least, he has great plans to revitalize the American economy. Elon Musk alongside Trump and Vance make a pretty good team. Who knows what will happen in the future? Cheesy

EarnOnVictor

hero member

Activity: 826

Merit: 641

Leading Crypto Sports Betting & Casino Platform

Quote from: ? on October 28, 2024, 11:55:24 AM

In the early hours of today, the x owner (Elon Musk) made a post on twitter showing he's support for the doge coin
Well in my opinion I'm happy he did this because this will not only increase the awareness of doge coin to the public but will also increase the trust people have for the cryptocurrency
Hopefully this will be enough to show people that doge coin has never been a shit coin

No wonder Dogecoin had started increasing in value silently even before other coins joined due to the US election, all these rich guys can't be trusted. They must have analysed and known the possibility of the US election pumping their preferred coins and they could have silently started buying for people not suspect they were doing it. He might have resumed in this bull run season to attract more gain to his preferred coin, but to what end? Let's beware of this guy, he has proven to be unreliable as far as cryptocurrency is concerned and I don't think the market will honour him as much as before.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Well if you are a person that hodl Doge coin right now you are making so very big profits. It is up 140 percent in only last 7 days. I do not think we seen profit like that before for this meme coin.

There is a analyst that is very 'bullish' with his thought on the price of it. It is a historical pattern that can make Doge coin go to $23. I do think it is too 'bullish' to think that but we are seeing big gains and do not know if that will end.

https://www.tradingview.com/news/newsbtc:d70aec65b094b:0-dogecoin-to-as-high-as-23-this-pattern-could-hint-so/

o48o

legendary

Activity: 3052

Merit: 1168

Leading Crypto Sports Betting & Casino Platform

Quote from: TastyChillySauce00 on November 09, 2024, 10:11:37 PM

I'd prefer investing in dogecoin any day than investing in coin funded by big investors, because I know the big investors don't own the big chunk of it and so far doge coin among the one coin that's so decentralized in term of holder.
despite labeled as meme coin, it still has its function, though I can understand some people might just downplay it just because it's a meme coin.

but tbh, I don't think musk getting tired of it, the guy just constantly posting meme about doge / shiba inu in his X account, he literally keeps shilling for it.

Are we looking at the same coin? Biggest wallet owns 20% of the supply. It has always had portitionally insanely large top few holders compared to other altcoins.

Even Elon himself was worried about that years ago and called top holders to sell their coins. It's not gotten any better, wallets have just changed, which make some people believe that Elon hodls top wallets. And even though some might think it's a good thing, i would say it's a time-bomb if people start trusting the value keeping up.

Because while he might have immunity against some legal troubles few years, that protection will eventually end and he might need to liquidate it just to cover legal fees. Because it's not like he rather sells something else for it.

Also doge doesn't have any other function that other coins wouldn't have by default.

CTM_Marketing

copper member

Activity: 31

Merit: 0

Quote from: khiholangkang on November 10, 2024, 11:22:10 AM

Unfortunately I did not buy more when the price was below $ 0.12, if I bought a lot at that time, maybe I had received 100% more profit today because the price of Dogecoin had touched $ 0.24, unfortunately indeed in my meme coin was not too celebrated and brave to save a large amount of my money.

Now the cryptocurrency market is going to grow, it seems to me it's not too late to buy a little dogecoin. And Elon Musk both supported them and continues to support them, and after Trump's victory, he became especially popular.

khiholangkang

hero member

Activity: 2184

Merit: 599

Quote from: Wonder Work on November 10, 2024, 10:39:53 AM

Quote from: khiholangkang on November 10, 2024, 09:58:38 AM

Maybe we are not talking about Bitcoin, but because Trump wins and Elon Musk supports Trump to make this related because Trump promises to make convenience for the development of crypto currency, I think so, it should indeed be that the promise must be carried out by Trump if it will not trigger anger The community, if the VCs donated their money to Trump's campaign funds yesterday.

When Trump was elected before the last election, he talked a lot about the crypto market but we didn't see any such action. Now he promises to do something good. But hopefully this time he might do something good with it and we'll wait and see what he does.

We expect him to be friends, but it seems we have to wait first, and they will also not be in a hurry in their new situation, there are some things that need to be considered first before making a decision even though he has said very clearly it will support.

Quote from: Wonder Work on November 10, 2024, 10:39:53 AM

Quote from: khiholangkang on November 10, 2024, 09:58:38 AM

Doge coins are the main attraction in the market because of Elonmusk's attachment which in the last two days has experienced a very massive increase for Dogecoin, I hope that in the future it will always be good and Bitcoi can continue to grow slowly up to $ 100K this year.

I can see the progress of bitcoin to touch 100k$ very soon. As the price of Bitcoin rises, the price of Elon Musk's Doge Coin is increasing. If the price of BTC continues to advance like this, the price of Elon musk's Doge Coin will reach a much better position.

Unfortunately I did not buy more when the price was below $ 0.12, if I bought a lot at that time, maybe I had received 100% more profit today because the price of Dogecoin had touched $ 0.24, unfortunately indeed in my meme coin was not too celebrated and brave to save a large amount of my money.

Marvell1

legendary

Activity: 2408

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: TastyChillySauce00 on November 09, 2024, 10:11:37 PM

Quote from: moneystery on November 01, 2024, 11:56:04 AM

why are you happy with a super rich person playing with shitcoin? dogecoin basically has no basis whatsoever to be a coin like bitcoin, ethereum, or any other coin. it is based on speculation and pumping, and no matter how someone polishes it, it is basically a shitcoin, period. anyone who invests in it should prepare themselves for deep losses considering that the doge market can change at any time and it does not have good economics like most popular altcoins.

and again, musk seems to be not so interested in doge anymore. i think he is getting tired of playing games like that. and that means you know what the future holds for doge.

I'd prefer investing in dogecoin any day than investing in coin funded by big investors, because I know the big investors don't own the big chunk of it and so far doge coin among the one coin that's so decentralized in term of holder.
despite labeled as meme coin, it still has its function, though I can understand some people might just downplay it just because it's a meme coin.

but tbh, I don't think musk getting tired of it, the guy just constantly posting meme about doge / shiba inu in his X account, he literally keeps shilling for it.

I agree with you that investing in dogecoin is even safer and better than many altcoins that are being funded by VCs. But I disagree that Doge is not held by big investors, I believe there are many big investors holding it and Musk can be considered one of the biggest investors in Doge.

Also, don't pay too much attention to what others say because in investing, profit is the proof, the best answer. Many people say that you should not invest in memes but only invest in top altcoins but look at the results they achieved, did they really get better returns than those who invested in memes?
To me, people who make such statements are simply expressing jealousy, nothing more, nothing less. In investing, we should only talk about results.

Olatundespo

member

Activity: 132

Merit: 50

Quote from: Wonder Work on November 10, 2024, 10:39:53 AM

I can see the progress of bitcoin to touch 100k$ very soon. As the price of Bitcoin rises, the price of Elon Musk's Doge Coin is increasing. If the price of BTC continues to advance like this, the price of Elon musk's Doge Coin will reach a much better position.

You are correct. Doge Coin's rising price trend can be seen as an opportunity for smaller investors. It can be expected that the Doge Coin price may continue to increase with the increase in the value of Bitcoin. But in the case of investment, you should take investment decisions carefully so as not to make wrong decisions due to over-emotion

Wonder Work

full member

Activity: 28

Merit: 7

Memory of o_e_l_e_o

Quote from: khiholangkang on November 10, 2024, 09:58:38 AM

Maybe we are not talking about Bitcoin, but because Trump wins and Elon Musk supports Trump to make this related because Trump promises to make convenience for the development of crypto currency, I think so, it should indeed be that the promise must be carried out by Trump if it will not trigger anger The community, if the VCs donated their money to Trump's campaign funds yesterday.

When Trump was elected before the last election, he talked a lot about the crypto market but we didn't see any such action. Now he promises to do something good. But hopefully this time he might do something good with it and we'll wait and see what he does.

Quote from: khiholangkang on November 10, 2024, 09:58:38 AM

Doge coins are the main attraction in the market because of Elonmusk's attachment which in the last two days has experienced a very massive increase for Dogecoin, I hope that in the future it will always be good and Bitcoi can continue to grow slowly up to $ 100K this year.

I can see the progress of bitcoin to touch 100k$ very soon. As the price of Bitcoin rises, the price of Elon Musk's Doge Coin is increasing. If the price of BTC continues to advance like this, the price of Elon musk's Doge Coin will reach a much better position.

khiholangkang

hero member

Activity: 2184

Merit: 599

Quote from: Wonder Work on November 09, 2024, 11:04:25 PM

Quote from: khiholangkang on November 09, 2024, 04:49:16 AM

However, it seems like it will be an interesting thing again in the future after trump wins and the possibility of regulations changing back in the future to better support freedom and openness to the bitcoin or cryptocurrency industry.

Cryptocurrency markets moved a bit after Trump's victory, which is definitely a good reason, but I think if Kamala Harris had won instead of Trump, there would have been a bit of an update in the cryptocurrency market. Trump talked a lot about BTC before the election and expressed his hope to do something good with it but I don't know what to do, let's see what he does.

But I think this time will be good because this time will be the last time that Trump won't run for president so hopefully he will be good for the crypto market. Something will be done by which the next generation will move forward gracefully. It would be an interesting subject if he gracefully tries to advance this artist's freedom and openly support it better.

Maybe we are not talking about Bitcoin, but because Trump wins and Elon Musk supports Trump to make this related because Trump promises to make convenience for the development of crypto currency, I think so, it should indeed be that the promise must be carried out by Trump if it will not trigger anger The community, if the VCs donated their money to Trump's campaign funds yesterday.

Doge coins are the main attraction in the market because of Elonmusk's attachment which in the last two days has experienced a very massive increase for Dogecoin, I hope that in the future it will always be good and Bitcoi can continue to grow slowly up to $ 100K this year.

Wonder Work

full member

Activity: 28

Merit: 7

Memory of o_e_l_e_o

Quote from: khiholangkang on November 09, 2024, 04:49:16 AM

However, it seems like it will be an interesting thing again in the future after trump wins and the possibility of regulations changing back in the future to better support freedom and openness to the bitcoin or cryptocurrency industry.

Cryptocurrency markets moved a bit after Trump's victory, which is definitely a good reason, but I think if Kamala Harris had won instead of Trump, there would have been a bit of an update in the cryptocurrency market. Trump talked a lot about BTC before the election and expressed his hope to do something good with it but I don't know what to do, let's see what he does.

But I think this time will be good because this time will be the last time that Trump won't run for president so hopefully he will be good for the crypto market. Something will be done by which the next generation will move forward gracefully. It would be an interesting subject if he gracefully tries to advance this artist's freedom and openly support it better.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: moneystery on November 01, 2024, 11:56:04 AM

why are you happy with a super rich person playing with shitcoin? dogecoin basically has no basis whatsoever to be a coin like bitcoin, ethereum, or any other coin. it is based on speculation and pumping, and no matter how someone polishes it, it is basically a shitcoin, period. anyone who invests in it should prepare themselves for deep losses considering that the doge market can change at any time and it does not have good economics like most popular altcoins.

and again, musk seems to be not so interested in doge anymore. i think he is getting tired of playing games like that. and that means you know what the future holds for doge.

I'd prefer investing in dogecoin any day than investing in coin funded by big investors, because I know the big investors don't own the big chunk of it and so far doge coin among the one coin that's so decentralized in term of holder.
despite labeled as meme coin, it still has its function, though I can understand some people might just downplay it just because it's a meme coin.

but tbh, I don't think musk getting tired of it, the guy just constantly posting meme about doge / shiba inu in his X account, he literally keeps shilling for it.

dogemoon

member

Activity: 129

Merit: 10

Quote from: khiholangkang on November 09, 2024, 04:49:16 AM

it's no secret that elon supports doge, a few years ago elon was very vocal in supporting dogecoin but because there was a ban on him always discussing doge on social media and was threatened with sanctions, therefore he no longer mentioned it directly, especially on his social media.

However, it seems like it will be an interesting thing again in the future after trump wins and the possibility of regulations changing back in the future to better support freedom and openness to the bitcoin or cryptocurrency industry.

He doesn't even need to mention it

After endorsing Trump in July, Musk quickly embraced the idea of helming a “Department of Government Efficiency” (D.O.G.E.) aiming to cut $2 trillion or more from the federal budget, while Trump has touted Musk as the so-called “Secretary of Cost-Cutting.”

https://www.forbes.com/sites/dereksaul/2024/11/06/heres-what-elon-musk-may-do-in-a-trump-administration/

khiholangkang

hero member

Activity: 2184

Merit: 599

it's no secret that elon supports doge, a few years ago elon was very vocal in supporting dogecoin but because there was a ban on him always discussing doge on social media and was threatened with sanctions, therefore he no longer mentioned it directly, especially on his social media.

However, it seems like it will be an interesting thing again in the future after trump wins and the possibility of regulations changing back in the future to better support freedom and openness to the bitcoin or cryptocurrency industry.

CTM_Marketing

copper member

Activity: 31

Merit: 0

Quote from: Abiky on November 09, 2024, 02:40:39 AM

Things will change quite a bit, now that Trump was elected president again. Donald Trump often hinted he will nominate Elon Musk for a government position. Musk used to say he will establish a D.O.G.E. (Department of Government Efficiency). This is an indirect reference to the beloved "meme" coin. I'm sure market prices for Dogecoin will skyrocket during Trump's second term. At least, within the first year.

Anyhow, Elon Musk is only into DOGE to make a lot of money. It's very inexpensive. Therefore, easier to manipulate. Once he gets tired of it, he will move on to the next big thing. That will leave DOGE alone, dusting in the corner. It's the same fate that awaits other "meme" coins. They're speculative by nature.

Always remember utility is greater than hype. We should focus more on useful coins such as Bitcoin, Ethereum, and Litecoin to build true wealth in the long term. As for Elon Musk, I wish him the best of luck on all of his future endeavors. With or without him, crypto will carry on as usual. That's the way decentralization works.

Cryptocurrencies have already skyrocketed in price as many hope that Trump will support cryptocurrencies in the future. And the Musk continues to actively support dogecoin. So I think dogecoin will rise in price even more than bitcoin, as these coins often rise higher than bitcoin, especially against the background of their popularity and hype.

Topic: Elon Musk supports doge (Read 594 times)