isn't a crypto market really funny? | Bitcointalksearch.org

davis196

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I think I will reach this conclusion after several years of activity in the crypto market. God forbid, we have thousands of currencies that are better than doge coin, doge coin has not even updated its code, it belongs to the day it was created, that is, its creator says I sold all the capital, but one day it eats 100% positive, Ilan Mask drinks water, Bitcoin becomes more expensive, Ilan Mask sleeps, Bitcoin becomes more expensive, everything is abnormal, nothing really works for us, and I'm a fan of two fires, but isn't a crypto market really funny? Wow, these friends who have just entered the crypto market, I would like to say that the currencies that go up one hundred percent a day go up one hundred percent. In the market, go for a currency whose one-year changes are more limited, not a currency like x, which has increased seven hundred times. I saw a big loss in this market, so I coveted it. I hope you all benefit.

Every financial market in the world is driven by news,gossips,rumors,famous people going X,etc...
What else do you expect?Elon Musk can pump any shitcoin he wants with his tweets.He can even pump Bitcoin.Sad but true.Maybe in the future,when Bitcoin is widely adopted,the BTC price won't react with +/- 10-20% every time a big crypto whale tweets or does something bullish.
If you want to join a more serious market,then why don't you start trading gold,oil,silver,platinum or other commodities.

Lorence.xD

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Quote from: XCANA on February 11, 2021, 01:10:30 PM

Don't be scare about the current market style dude, this has been the same way cryptocurrencies moved for ages and still moving. Bitcoin recent moved shows that lovers of this coin are now more in-love with the coin, but for other coins( majorly altcoins) in the market that moved 100% or more, are simply those coins that were pumped for cash out. Nevertheless, even the stock market do exhibit the same dynamism, so, nothing is absolutely funny.

My interpretation of what OP thinks is happening is that the market gets funny because big players like Elon Musk are joining the market which OP thinks is not the best thing to do because it leaves out small players like us which was the purpose of bitcoin in the first place. I do agree with the altcoin dilemma, the only way that this problem will be solved is when we do our own research on the altcoin that we are going to invest in.

CryptopreneurBrainboss

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Quote from: The Cryptovator on February 11, 2021, 01:24:23 PM

I think it's more fit in the Altcoin section. Actually crypto isn't funny, we are funny

To be frank, I was disappointed at how the market played out. I thought by now we would had moved past the ara of twitter influencers influencing the market. The news of new companies buying bitcoin as reserve are quite understandable if they influence how the market react since those are signs of adoption and create wide range of media publicity since the news outlets will carry the news but that of a twitter users is just disappointing but there's nothing that can be done since emotions still has a big role to play in the crypto market.

Top figures are beginning to realized once again they can influence the market to make quick profit for themselves. You think Elon didn't buy doge coin before giving it all the hypes? Their motive are quite clear, they're trying to make a mockery of the industry. This pump would end badly as a dump will leave many in loss and probably drive them out of the industry.

ninabobo

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Try not to be alarm about the current market style man, this has been a similar way digital forms of money moved for a long time and as yet moving. Bitcoin as of late moved shows that admirers of this coin are currently more enamored with the coin, yet different coins( significantly altcoins) in the market that moved 100% or more, are basically those coins that were siphoned for money out. All things considered, even the financial exchange displays a similar dynamism, in this way, nothing is totally entertaining.

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Quote from: decodx on February 11, 2021, 05:41:56 PM

Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I saw a big loss in this market, so I coveted it. I hope you all benefit.

In other words, "I've sold my coinns too early!"

Well, there's no use crying over spilled milk. It's go-go, not boo-hoo! Wink

You can't do anything about it now but look forward on what's gonna be the best for you. If you want to stay or not in crypto, it is all up to you on that decision. No one can really help you if you lost in the market because of some decisions that you did. Now, are you going to regret those decisions forever or move forward and plan what's next for you in this crypto market?

AliMan

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I think I will reach this conclusion after several years of activity in the crypto market. God forbid, we have thousands of currencies that are better than doge coin, doge coin has not even updated its code, it belongs to the day it was created, that is, its creator says I sold all the capital, but one day it eats 100% positive, Ilan Mask drinks water, Bitcoin becomes more expensive, Ilan Mask sleeps, Bitcoin becomes more expensive, everything is abnormal, nothing really works for us, and I'm a fan of two fires, but isn't a crypto market really funny? Wow, these friends who have just entered the crypto market, I would like to say that the currencies that go up one hundred percent a day go up one hundred percent. In the market, go for a currency whose one-year changes are more limited, not a currency like x, which has increased seven hundred times. I saw a big loss in this market, so I coveted it. I hope you all benefit.

Though it became expensive in a sense, that doesn't stop many patronizers to hold this valuable asset. It kepts soaring higher and influenced many people, that's why it gained more popularity these days. The more it becomes more expensive, the more it provides bigger opportunities to all who've been a part of its journey.

decodx

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I saw a big loss in this market, so I coveted it. I hope you all benefit.

In other words, "I've sold my coinns too early!"

Well, there's no use crying over spilled milk. It's go-go, not boo-hoo! Wink

Renampun

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I think I will reach this conclusion after several years of activity in the crypto market. God forbid, we have thousands of currencies that are better than doge coin, doge coin has not even updated its code, it belongs to the day it was created, that is, its creator says I sold all the capital, but one day it eats 100% positive, Ilan Mask drinks water, Bitcoin becomes more expensive, Ilan Mask sleeps, Bitcoin becomes more expensive, everything is abnormal, nothing really works for us, and I'm a fan of two fires, but isn't a crypto market really funny? Wow, these friends who have just entered the crypto market, I would like to say that the currencies that go up one hundred percent a day go up one hundred percent. In the market, go for a currency whose one-year changes are more limited, not a currency like x, which has increased seven hundred times. I saw a big loss in this market, so I coveted it. I hope you all benefit.

*I am still confused about the meaning and purpose of your words 'lol'...
can anyone deny that Elon musk's tweets had no impact on Bitcoin? everyone was hypnotized when Elon made tweets about doge and bitcoin. of course, we don't know how long this hype will last. lucky I've made a profit from doge.

blockman

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Did you just make Elon's name a meme relative to Dogecoin as a meme that he keeps pumping? Tongue

Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I saw a big loss in this market, so I coveted it. I hope you all benefit.

You saw a big loss but that does mean that you've lost a lot in this market? It's not a funny market but the reactions of individuals are funny telling that they've missed the run and didn't buy it when it was lower or before the pumping of Elon for Dogecoin.

eaLiTy

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I think I will reach this conclusion after several years of activity in the crypto market. God forbid, we have thousands of currencies that are better than doge coin, doge coin has not even updated its code, it belongs to the day it was created, that is, its creator says I sold all the capital

The technical development in Doge is slow but that does not mean that the code is not updated, they last updated in 2019 and they are following the BTCitcoin core code updates till now and most probably if they upgrade again they will follow the same path.

Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

but one day it eats 100% positive, Ilan Mask drinks water, Bitcoin becomes more expensive, Ilan Mask sleeps, Bitcoin becomes more expensive, everything is abnormal, nothing really works for us, and I'm a fan of two fires, but isn't a crypto market really funny?

It is Elon Musk Tongue

. The price did not rally because of him breathing but his company reported to invest $1.5 billion and it is natural to see the market responding to it and much before that the market rallied 400% even before Musk tweeting .

So it is not a one man army creating all these hype, there are many investors investing heavily and you can take it as silly depending upon the amount of coins you are holding Tongue

.

Becky666

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I saw a big loss in this market, so I coveted it. I hope you all benefit.

Don't act funny, oh you are acting funny; don't you know that everything here is be driven by the community?, DOGE coin was just another pump and dump and those who failed to take the opportunity of cash-out for the dump should try understand this system, again. Crypto-platforms are community driving platforms and Elon Musk took this advantage to pump what he chose to pump, next time be more smart with profit when it's not Bitcoin in question.

electronicash

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Quote from: Insanerman on February 11, 2021, 02:35:55 PM

Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I think I will reach this conclusion after several years of activity in the crypto market. God forbid, we have thousands of currencies that are better than doge coin, doge coin has not even updated its code, it belongs to the day it was created, that is, its creator says I sold all the capital, but one day it eats 100% positive, Ilan Mask drinks water, Bitcoin becomes more expensive, Ilan Mask sleeps, Bitcoin becomes more expensive, everything is abnormal, nothing really works for us, and I'm a fan of two fires, but isn't a crypto market really funny? Wow, these friends who have just entered the crypto market, I would like to say that the currencies that go up one hundred percent a day go up one hundred percent. In the market, go for a currency whose one-year changes are more limited, not a currency like x, which has increased seven hundred times. I saw a big loss in this market, so I coveted it. I hope you all benefit.

Expect that crypto market is wild. Why? Because of its volatility, many would come and go try to trade and scalp each and every movement. One day you wake up its moving sideways then the time you sleep it skyrockets. Also, I don't know why people tends to still trust Dogecoin and shills it even it was just increased by elon and has no further reason of making, just a plain joke. You must learn not to go with the sudden hype, and remain practical with analyzing the movement of the market.

some are trusting some coins because some time ago fuds made them sell their holdings that could have made them millionaires. dogecoin wasn't really ignored all the time in fact most of the gambling sites in crypto added this coin for which we use every time as well. just like BTC its a good store of value but the only problem is the supply generated by miners. this will be funnier if the price will really hit more than $1.

Insanerman

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I think I will reach this conclusion after several years of activity in the crypto market. God forbid, we have thousands of currencies that are better than doge coin, doge coin has not even updated its code, it belongs to the day it was created, that is, its creator says I sold all the capital, but one day it eats 100% positive, Ilan Mask drinks water, Bitcoin becomes more expensive, Ilan Mask sleeps, Bitcoin becomes more expensive, everything is abnormal, nothing really works for us, and I'm a fan of two fires, but isn't a crypto market really funny? Wow, these friends who have just entered the crypto market, I would like to say that the currencies that go up one hundred percent a day go up one hundred percent. In the market, go for a currency whose one-year changes are more limited, not a currency like x, which has increased seven hundred times. I saw a big loss in this market, so I coveted it. I hope you all benefit.

Expect that crypto market is wild. Why? Because of its volatility, many would come and go try to trade and scalp each and every movement. One day you wake up its moving sideways then the time you sleep it skyrockets. Also, I don't know why people tends to still trust Dogecoin and shills it even it was just increased by elon and has no further reason of making, just a plain joke. You must learn not to go with the sudden hype, and remain practical with analyzing the movement of the market.

dothebeats

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It's not only Elon Musk that is solely responsible for the recent appreciation crypto valu, particularly bitcoin and doge. Right even before Musk shilled for bitcoin, Jack Dorsey and co. are already hyping up bitcoin. It is only a few months ago that Elon started tweeting about bitcoin and doge, and while that may seem to be the reason for the tises, a lot of things happened in the background contributed by otber entities.

Elon will only capture a small perction of the promise through tweets, though I believe the bitcoin community sans Elon will strive.

The Cryptovator

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I think it's more fit in the Altcoin section. Actually crypto isn't funny, we are funny. Because if someone from rich man posts something about bitcoin then we jump into Bitcoin. Same as when someone post about doge then we jump into it. As well all know crypto markets depend on the community, so when the community jumps into a coin then definitely it should be pumped. It doesn't mean crypto is funny. Not always we are gainer in crypto, who knows which coin will jump, sometimes we went against the trend, unfortunately.

XCANA

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Don't be scare about the current market style dude, this has been the same way cryptocurrencies moved for ages and still moving. Bitcoin recent moved shows that lovers of this coin are now more in-love with the coin, but for other coins( majorly altcoins) in the market that moved 100% or more, are simply those coins that were pumped for cash out. Nevertheless, even the stock market do exhibit the same dynamism, so, nothing is absolutely funny.

Obi theo

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If you are referring to Elon musk , then this is not the first time am hearing this statement, your few year in crypto would be enough to tell you that one man no matter his position in the world economy has the power to affect the pump and dip of a currency , Elon musk was a former CEO of dogecoin and till today he still supports his work, they are certain things that affect the price of token in the market
Maybe increase in purchasing
Burning of the token etc.
But not someone sleeping or drinking water or even saying the name of the token
I guess when he says the name of the coin is either a huge amount of purchase has been made to pump the price or it a simultaneous reaction 😂.

fiulpro

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

I think I will reach this conclusion after several years of activity in the crypto market. God forbid, we have thousands of currencies that are better than doge coin, doge coin has not even updated its code, it belongs to the day it was created, that is, its creator says I sold all the capital, but one day it eats 100% positive, Ilan Mask drinks water, Bitcoin becomes more expensive, Ilan Mask sleeps, Bitcoin becomes more expensive, everything is abnormal, nothing really works for us, and I'm a fan of two fires, but isn't a crypto market really funny? Wow, these friends who have just entered the crypto market, I would like to say that the currencies that go up one hundred percent a day go up one hundred percent. In the market, go for a currency whose one-year changes are more limited, not a currency like x, which has increased seven hundred times. I saw a big loss in this market, so I coveted it. I hope you all benefit.

I think you mean Elon Musk though. You have to understand for a fact that Elon Musk is not the only person who is actually involved with bitcoins and sees it's potential. There will be a lot of people coming along the way for sure and trust me, if Elon Musk decides to dump all his bitcoins then the price will be very low and then the whole market will get active and start buying like crazy!!
Trust me when I say this " People are waiting for the right opportunity "

Plus Elon Musk JUST CAME. The overalls growth cannot be regarded his accomplishment.

You think he is going to back off ? He can if he wants to !! Plus I don't really like the fact that right now he is manipulating the market as a whole and that's so low.

Plus gains and losses in the market which are around 100+/- % are normal and we all know about this , whosoever is involved in the market knows about this already. So people have different strategies.

mk4

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Analysts sets high price targets of a certain stock? Price goes up.
Analysts set low price targets of a certain stock? Price goes down.
ARK Invest buys a huge chunk of a certain stock and says something positive in an interview? Price goes up.
Rumours about Pershing Square Tontine Holdings Ltd($PSTH) acquiring Stripe? Price goes up.
George Soros publicly says that he plans on dumping Palantir Technologies($PLTR)? Price goes down.

I could go on and on and on.. That's how most markets work in general. It's really not something only present in bitcoin and cryptocurrencies. Not to mention that we're talking about Elon Musk here, who's words can easily move markets.

BrewMaster

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Quote from: Daryl_Dixon on February 11, 2021, 12:04:59 PM

after several years of activity in the crypto market.
Ilan Mask drinks water, Bitcoin becomes more expensive, Ilan Mask sleeps, Bitcoin becomes more expensive,

if you actually had "several years of activity" then you should already know that bitcoin has been rising in the same exact manner for years before Elon Musk even started talking about it. there is nothing new or surprising about bitcoin gaining value Wink

Quote

the currencies that go up one hundred percent a day go up one hundred percent.

the things that go up 100% are not "currencies" they are pump and dump altcoins. and they always come down the same amount after a while which is usually the next day.
if you go to penny stocks market you will see a lot of similarities between it and altcoin market.

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