If Musk doesn't tweet Dogecoin, can it still soar? - page 3.

Snappycoco

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Quote from: Iyanu14 on April 27, 2021, 05:48:41 AM

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shiba, HOGE, who will be the next Dogecoin？

Or is there only only one unique Dogecoin？

If musk didn't tweet and told the World what dogecoin is, this meme coin is just out there in the dark. I saw its history and it looks like a stablecoin. Its chart wasn't good and it was just in a straight line. The coins main purpose is to give a tip to reddit users and twitch trough dogetipbot but it was bankrupt. Other than that its just a meme coin promoted by the world's richest man.

clarkt

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Elon musk tweets about dogecoin definitely brought some awareness to dogecoin and cryptocurrency in general. But doge coin has been on the rise before Elon tweeted about it. Dogecoin is unique as it is a meme coin that have been in cryptocurrency for some time now. Whatever the reason for Elon musk tweets about dogecoin is left to him, but I believe dogecoin would have risen in price the way it did without Elon!

Connor Britton

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If there is no heat and no giant whale, it may rise, but it will not rise so much, and the price may not be so high. Maybe this is the influence of the giant whale.

TimeTeller

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Quote from: BETTY B on July 08, 2021, 03:47:48 AM

Why the doge went pump, It's just because of Elon Musk'S twitter. if Elon Musk is stop tweeting about dogecoin, I believe the price of doge will still increasing but slowly . Now many people still believe that dogecoin is a good investment.

Not sure if doge will still gain its value without elon on the side.
If he will stop tweeting it or no indication that they are doing some kind of development, I believe, the price will drop slowly.
And the problem here is, we don't know his plans towards doge or if ever he has plans in terms of development.
We are just merely relying on his tweets, which is not a very sustainable approach on this matter.

JaoBadjap

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His trolling i guess and backed by a lot of followers to him and his company. It could hype such token and soaring a very bearish market.
Lucky for hodlers of such a coin.

reza7777

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DOGE is a teamless coin and I think it's an obscure coin because it has no supply, but Elon managed to trick a lot of people in the market to make doge coins more valuable. Without Elon Doge it would be nothing and it will still be shitcoin

Abiky

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Quote from: slaman29 on June 22, 2021, 05:14:23 AM

He didn't love Dogecoin, he just really found something new like a child finds a new toy and gets excited until he gets bored (and he's bored of it now). He'll move on to a new altcoin some day or create his own, just you wait.

Credit to him though, nothing pumped doge the way he did. Who could ever imagine it would get to today's BTC price?

It's all about Elon Musk these days. He's the one who pumped Dogecoin and Bitcoin's prices towards new heights. Without him, crypto wouldn't had been as popular as it is right now. Dogecoin may have experienced a large influx of money from investors and traders alike, but it'll go down the drain at a very fast pace after the hype is over. Right now, Elon Musk's tweets aren't having a positive effect over Dogecoin's prices. It's struggling to get past $0.25 per coin. If this keeps up, Dogecoin may head to less than one cent (USD) in no time. Unless something big and exciting comes up, I don't see Dogecoin going anywhere soon. Just my opinion

BETTY B

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Why the doge went pump, It's just because of Elon Musk'S twitter. if Elon Musk is stop tweeting about dogecoin, I believe the price of doge will still increasing but slowly . Now many people still believe that dogecoin is a good investment.

Dharmmie

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Quote from: Iyanu14 on April 27, 2021, 05:48:41 AM

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shiba, HOGE, who will be the next Dogecoin？

Or is there only only one unique Dogecoin？

Musk's influence on cryptocurrencies will become smaller and smaller

slaman29

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Quote from: Jaered on June 21, 2021, 07:27:15 PM

Elon Musk may love Dogecoin but it doesn't mean he's the only one capable of such. Dogecoin has its own community and so has some use cases as a payment solution. So, yes, it can still pump without Musk's intervention. After all, it has doing that before Mr. Musk's intrusion

He didn't love Dogecoin, he just really found something new like a child finds a new toy and gets excited until he gets bored (and he's bored of it now). He'll move on to a new altcoin some day or create his own, just you wait.

Credit to him though, nothing pumped doge the way he did. Who could ever imagine it would get to today's BTC price?

Sendi blackspade team

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Quote from: Dexion on June 21, 2021, 11:34:48 PM

Quote from: Jaered on June 21, 2021, 07:27:15 PM

Elon Musk may love Dogecoin but it doesn't mean he's the only one capable of such. Dogecoin has its own community and so has some use cases as a payment solution. So, yes, it can still pump without Musk's intervention. After all, it has doing that before Mr. Musk's intrusion

Yes, nowadays many think that Elon is the only strength of the doge, and is too dependent on him, it is necessary to know that together with the existence of Elon, doge is able to develop very impressively after Elon openly tweets about doge, even though doge has their own community trying to develop it.

That's why Elon chose Dogecoin. an asset that is cheap but has a strong market and community support. he already took a lot of profit from dogecoin. believe me, this is just a game run by Elon to manipulate the Dogecoin market. he has been very successful with choosing the right assets.

Dexion

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Quote from: Jaered on June 21, 2021, 07:27:15 PM

Elon Musk may love Dogecoin but it doesn't mean he's the only one capable of such. Dogecoin has its own community and so has some use cases as a payment solution. So, yes, it can still pump without Musk's intervention. After all, it has doing that before Mr. Musk's intrusion

Yes, nowadays many think that Elon is the only strength of the doge, and is too dependent on him, it is necessary to know that together with the existence of Elon, doge is able to develop very impressively after Elon openly tweets about doge, even though doge has their own community trying to develop it.

TWW

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Quote from: Jaered on June 21, 2021, 07:27:15 PM

Elon Musk may love Dogecoin but it doesn't mean he's the only one capable of such. Dogecoin has its own community and so has some use cases as a payment solution. So, yes, it can still pump without Musk's intervention. After all, it has doing that before Mr. Musk's intrusion

I've seen pretty good pumps from Dogecoin in 2018 and 2019. But it's not strong enough because many holders release their assets in bulk when pumping. although the dogecoin community is growing well with a very strong developing ecosystem. but we should not be ashamed to believe that the hype created by Elon is very strong. it made a huge adoption for dogecoin.

Jaered

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Elon Musk may love Dogecoin but it doesn't mean he's the only one capable of such. Dogecoin has its own community and so has some use cases as a payment solution. So, yes, it can still pump without Musk's intervention. After all, it has doing that before Mr. Musk's intrusion

finaleshot2016

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Quote from: Botnake on June 17, 2021, 04:36:33 PM

Quote from: tabas on June 16, 2021, 06:53:08 PM

Quote from: ?? on ??

But not many people want to talk about profits first, because everyone only thinks about profits for themselves first, then for others, and even then if there are any, because most of them don't exist.

And just as Elon Musk's style. He wants to take profit first before anyone else and that's how he's making his tweets worth for him for Dogecoin. But after that you see, there's not that much tweet coming from him anymore.
And as a result, Dogecoin isn't soaring anymore because it just also follows bitcoin as it goes through a correction.

Actually, there's still a tweet happening, however, people are wiser now and Elon's tweeting power is not as effective as before. He could announce good news but if he doesn't create hype anymore, that's still useless. He has a like McAfee who had been playing the market before this year's bull run that we witnessed.

It's relieving that Elon Musk's tweet isn't as effective as before, because most people are aware of how Elon manipulates the market, as he did the last time. Elon Musk is most likely profiting at that moment, and I'm sure he's made a lot of money not just in BTC but also in DOGE. But I feel that DOGE will continue to soar if Elon continue his project on developing the DOGE when it comes to transaction and such.

Fredomago

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Quote from: pixie85 on June 21, 2021, 04:36:21 PM

Quote from: ?? on ??

Why wouldn't it continue to soar in case that happens? Early on, Dogecoin was made just for fun. But now, things have gotten really serious. Elon Musk helped it rise a lot. Now, it is a well-known cryptocurrency.

Musk helped it rise and then he helped it fall.

Whether you'll see dogecoin soar will depend on the price you bought in. It will probably pump again but whether it'll go to a new all time high is another thing.
Manipulation like the one Musk did scares off investors and makes them avoid an asset. IMO musk did more bad for doge than good. He made it pump fast but destroyed the image of the coin by doing it.

Wise investors understand the risk from how Musk manage to work inside Doge project, after riding those sweet rides they are now avoiding to touch this asset knowing the big potential of being dumped quicker than each tweets from Musk.

He helped this coin being known and create a massive pumped but right after that, he also help investors to easily decide moving away from possible more big losses if they continue to hold.

We don't know what will happen next to this asset, not until another known personalities like Musk will help it to pumped back.

NewRanger

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if elon musk didnt tweet about dogecoin, i am pretty sure doge still recognized as shitcoin in this crypto market. doge price will below 0,00x$. if since the beginning elon musk didnt involved in this market , price will naturally growth not about speculation action. alot new investors attracted with elon's tweet and it make huge money inflow into market , but now when he is silendt we see price dumped every where.

pixie85

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Quote from: ?? on ??

Why wouldn't it continue to soar in case that happens? Early on, Dogecoin was made just for fun. But now, things have gotten really serious. Elon Musk helped it rise a lot. Now, it is a well-known cryptocurrency.

Musk helped it rise and then he helped it fall.

Whether you'll see dogecoin soar will depend on the price you bought in. It will probably pump again but whether it'll go to a new all time high is another thing.
Manipulation like the one Musk did scares off investors and makes them avoid an asset. IMO musk did more bad for doge than good. He mad it pump fast but destroyed the image of the coin by doing it.

ingiltere

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If there won't be Elon Musk there will still be Dogecoin but it won't get hyped and see this high prices. Doge is here long before Elon Musk learn crypto currencies.
Dogecoin to 1$ was a dream for a very long time and it was very close to that price at all time high, now while it's not impossible it's still very hard for us to see that price tag on Doge. Elon alone wouldn't affect price that much, it needs some widespread use case from influential companies.

Abiky

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Quote from: Botnake on June 17, 2021, 04:36:33 PM

Actually, there's still a tweet happening, however, people are wiser now and Elon's tweeting power is not as effective as before. He could announce good news but if he doesn't create hype anymore, that's still useless. He has a like McAfee who had been playing the market before this year's bull run that we witnessed.

It looks like people are getting tired of Dogecoin. Elon Musk has little to no effect over the cryptocurrency's price these days. If this continues, we might see Dogecoin heading back to its original price of less than $0.01 per coin. As I've said many times, there are far better cryptocurrencies out there on the market. But people don't care about a cryptocurrency's fundamentals since they're only following the hype. Sadly, this will lead to huge losses in the long term. It's not about how much a coin is worth in terms of Fiat, but rather how useful it is for mainstream payments. As long as Dogecoin is useful, nothing else matters. Just my opinion

Topic: If Musk doesn't tweet Dogecoin, can it still soar? - page 3. (Read 3165 times)