Elon Musk won't save Doge or Bitcoin this time

uelque

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Quote from: CryptoYar on May 29, 2022, 05:02:44 AM

Quote

Elon Musk won't save Doge or Bitcoin this time

I don't understand why we need anyone ( elon musk) to save bitcoin while it survived when elon wasn't richest man or he had no idea about it.

Yeah. We don't really need elon musk because bitcoin can survive and will always survive without elon musk. And yes, elon musk can bring hype to coins like bitcoin or dogecoin, but all of that was just market manipulation for his own gains and he doesn't really care about bitcoin. His way of manipulating the market and the people are too obvious and believe me, it won't always be good. And to be honest, I don't like elon musk to be in cryptocurrencies because all his doings are for his own good and for him to become richer and expand his businesses. Lol. So yeah, I agree that we don't need elon musk, and we should also not like him messing with bitcoin. Let him mess with doge who cares but not with bitcoin. Because we should not also forget the part where elon is one of the richest men in the world and one of the most influential ones in social media and is way too powerful so he can still manipulate things around so you should not like him messing with bitcoin.

sklopan

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Elon Musk is generally to some extent an icon of cryptocurrencies now. Often the course plays after his actions.

CryptoYar

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Quote from: maartenhaha on May 29, 2022, 04:14:07 AM

Elon Musk is talking about DOGE, [..]

Who really cares!

maartenhaha

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Elon Musk is talking about DOGE, then the price of DOGE goes up. Will Elon Musk be influenced by crypto. If Elon Musk is influenced by Crypto, then Elon can make Doge Coin go up. For example, Elon talks about why Tesla will accept transactions with Doge Coin. I'm sure Doge will increase in price.

CreepyUncleJoe

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Doge should not be in the top 100 cryptocurrencies. Actually, it's junk just as 99.99% other cryptos. Other then Bitcoin, I find Monero useful for it's privacy.

Quidat

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Quote from: Smartvirus on May 28, 2022, 01:45:55 PM

Quote from: Get-Paid.com on May 12, 2022, 01:18:28 AM

which in turn will keep on taking the air out of the balloon so called Crypto.

The singular fact that, you view crypto or bitcoin to be a balloon or bubble that you sure to deflate or maybe burst some day is such a painful sight to see and makes me wonder how you did got by this rank @OP. As a Sr. Member of the forum, you ought ought have known better that bitcoin is nothing like a hype or pump currency or balloon that is going to deflate any time. Its normal to think this way in the bearish market and the funny thing is, when it surges again, a few still gets scared.

Elon Musk have never been a saviour to cryptocurrency, he surely made impact for sure but also acted in a reverse to the trend he had set up. A bearish session is a part of the market so no need to be alarmed instead, take opportunity for a buy!

Do this man/guy really just have no idea despite of forum rank or typically just hating up crypto and call it a bubble? So whats the reason for him to stay? Cool

There are lots of big guys who do play around on crypto market but doesnt mean that they could play along or do make out big impact if they wanted to.Yes, they accumulated lots of coins
but doesnt mean that they could easily make huge movement in percentage as they like.Community would always be the lead when it comes to market movement.
Somehow these big fellas could make out some significant effect but once the community had been done already on their behavior then they would be mostly
be ignored and wont really be having significant effect on the market.

Smartvirus

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Quote from: Get-Paid.com on May 12, 2022, 01:18:28 AM

which in turn will keep on taking the air out of the balloon so called Crypto.

The singular fact that, you view crypto or bitcoin to be a balloon or bubble that you sure to deflate or maybe burst some day is such a painful sight to see and makes me wonder how you did got by this rank @OP. As a Sr. Member of the forum, you ought ought have known better that bitcoin is nothing like a hype or pump currency or balloon that is going to deflate any time. Its normal to think this way in the bearish market and the funny thing is, when it surges again, a few still gets scared.

Elon Musk have never been a saviour to cryptocurrency, he surely made impact for sure but also acted in a reverse to the trend he had set up. A bearish session is a part of the market so no need to be alarmed instead, take opportunity for a buy!

teosanru

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Quote from: Get-Paid.com on May 12, 2022, 01:18:28 AM

We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.

I don't see a single evidence where it shows that Elon Musk saved doge, he was just involved in some sort of pumping schemes where he was buying doge putting up tweets and pumping it, Elon never saved it. Also talking about fed, how will rate hikes get money out of crypto? You think a person would stop investing in crypto because he is now getting 5.5% instead of 5% from his term deposit.

Easteregg69

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Elon is a product of bitcoin

If Ethereum is the holy mother of.. Have some humor for Christ sake.

Protestant on the loose.

Kelvinid

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Quote from: amihada on May 27, 2022, 03:11:35 AM

Since when was the news Elon Musk saved the Doge I haven't read it as far as I know Elon Musk only keeps the Doge Coin in his wallet but that doesn't mean he keeps the Doge Coin I mean when the Doge Coin price goes down he can Don't make the Doge Coin go up again He's just one an investor who collects coins when the price of Doge coins drops, he will also incur losses. Elon Musk doesn't own the patent to save Doge.

You can't expect him either. Might he invest in Bitcoin but he keeps it secrete for the people and the majority knows that he hates Bitcoin. He indeed, gives protection and pump to Doge but not Bitcoin.

Well, the good thing is that Bitcoin will go up without Elon Musk, without the influence of any known personalities. It will pump and recover with the help of small investors, in fact, we have had this scenario before, and look, it did several times.

amihada

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Since when was the news Elon Musk saved the Doge I haven't read it as far as I know Elon Musk only keeps the Doge Coin in his wallet but that doesn't mean he keeps the Doge Coin I mean when the Doge Coin price goes down he can Don't make the Doge Coin go up again He's just one an investor who collects coins when the price of Doge coins drops, he will also incur losses. Elon Musk doesn't own the patent to save Doge.

Mr.sprin

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Quote from: Marvell1 on May 26, 2022, 10:20:19 AM

Quote from: bitcub on May 26, 2022, 03:06:30 AM

Elon Musk is a huge whale a very huge one. But he is not dumb to save the entire crypto investors to save them from the upcoming crash. Elon has a lot of analyst and advisers to consult so he knows when to peg his investments in fiat and when to place long positions.

In the financial markets, whales eat small fish that is a way for whales to survive. Elon is a very large whale, it needs a lot of food so there is no reason for Elon to save investors. Even market crashes caused by whales themselves to benefit themselves.

Quote from: Mr.sprin on May 26, 2022, 09:33:51 AM

Elon musk is a big cunning whale in the crypto world he plays the crypto market he doesn't care about bitcoin or any other alcoin Elon is in power because of a lot of money then what he tweets maybe the price will go up like a doge but for now Elon's tweet is considered a hoax by the pope another big.

I agree, his only taste is money, not that he is interested in bitcoin or any altcoins on the market, what he needs is profit. As long as he has money, it will become his favorite food.

many investors lost big because of Elon Musk's actions, yesterday there was news that Elon Musk wanted to buy Twitter but the proof is that he only boasts that it's Elon because he has a lot of money so he is easy to mess with the media, so don't be quick to believe the news Elon Musk he can change the news in the blink of an eye.

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Quote from: bitcub on May 26, 2022, 03:06:30 AM

Elon Musk is a huge whale a very huge one. But he is not dumb to save the entire crypto investors to save them from the upcoming crash. Elon has a lot of analyst and advisers to consult so he knows when to peg his investments in fiat and when to place long positions.

In the financial markets, whales eat small fish that is a way for whales to survive. Elon is a very large whale, it needs a lot of food so there is no reason for Elon to save investors. Even market crashes caused by whales themselves to benefit themselves.

Quote from: Mr.sprin on May 26, 2022, 09:33:51 AM

Elon musk is a big cunning whale in the crypto world he plays the crypto market he doesn't care about bitcoin or any other alcoin Elon is in power because of a lot of money then what he tweets maybe the price will go up like a doge but for now Elon's tweet is considered a hoax by the pope another big.

I agree, his only taste is money, not that he is interested in bitcoin or any altcoins on the market, what he needs is profit. As long as he has money, it will become his favorite food.

coinmanhere

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Quote from: coinmanhere on May 26, 2022, 10:07:35 AM

I used to be a fan of Elon Musk but couldn't believe he turns out to be such a moron. I think we all should start with giving him less importance.

Welll he is not a big whale but a big donkey with lot of money. Oh now I feel bad for roasting donkeys.

coinmanhere

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I used to be a fan of Elon Musk but couldn't believe he turns out to be such a moron. I think we all should start with giving him less importance.

Mr.sprin

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Elon musk is a big cunning whale in the crypto world he plays the crypto market he doesn't care about bitcoin or any other alcoin Elon is in power because of a lot of money then what he tweets maybe the price will go up like a doge but for now Elon's tweet is considered a hoax by the pope another big.

bitcub

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Elon Musk is a huge whale a very huge one. But he is not dumb to save the entire crypto investors to save them from the upcoming crash. Elon has a lot of analyst and advisers to consult so he knows when to peg his investments in fiat and when to place long positions.

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Quote from: amihada on May 25, 2022, 04:25:21 AM

Elon Musk doesn't care about the price of bitcoin, the proof is when the price of bitcoin drops like this, is there any attempt by Elon to raise the price of bitcoin again, of course the answer is no, Elon Musk only cares about himself and doesn't care about bitcoin or other alcoins.

Why do you think Elon Musk would raise the price of BTCitcoin whenever there is a correction. He is smart enough to play along with the market and book his profit whenever he wants and not to invest whenever the market is volatile. Right now he is accumulating the amount to takeover Twitter and he wont be allocating any money to invest in any financial sector.

amihada

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Elon Musk doesn't care about the price of bitcoin, the proof is when the price of bitcoin drops like this, is there any attempt by Elon to raise the price of bitcoin again, of course the answer is no, Elon Musk only cares about himself and doesn't care about bitcoin or other alcoins.

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Quote from: Get-Paid.com on May 12, 2022, 01:18:28 AM

We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.

The current trend has nothing to do with Elon. Its been happening for years already so people who used to seeing the roller coaster ride of Bitcoin is not really surprise on why the price is declining. Elon influence the newbies only in crypto who believe on his words, but he is not the reason why the price is moving downward/upward. Though his past action might have an impact, but it doesnt mean he is the one who can drive the price of crypto to become bullish again.

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