Topic: What is Elon Musk's goal with Dogecoin? - page 5. (Read 1708 times)
I see Elon musk to be an influencer for dogecoin not necessarily because anyone is paying him, but because he holds a substantial amount of the coin which could be one of the reasons why the coin is pumping. Several persons are joining to hold dogecoin and we may have more significant increase if this continues.
i just saw that elon musk just wanted to get personal profit from trading Dogecoin. no more than that. what he said about doge and Tesla or other tweets in my opinion is only the formulas he created so that people are interested in investing. without it people would not be interested in buying. so be more selective in investing as my advice. do not let you become a victim and get an investment loss
Agree, but if he continues to do this I think many people will no longer believe in the future because they have memorized the pattern of what Elon Musk did with all his tweets for personal gain. We should make a case so that Elon Musk can learn that what he is doing is detrimental to many people who don't understand cryptocurrency investing.whether it will be effective if we make a case but if we don't try it also won't know the result,
let's see what Elon Musk does next
Elon Musk is a money maker. He bought Paypal and sell it, he bought Tesla and almose forget it, he bought SpaceX and still working!
He bought BTC and bump it with his influence, then sell it!
He bought Doge and bump it with his influence, and will sell it soon! He made enough~~~
He bought BTC and bump it with his influence, then sell it!
He bought Doge and bump it with his influence, and will sell it soon! He made enough~~~
The one who best understands the friction and the direction of the Doge in the future is the elon itself and for its fundamentalists it is not certain that the example when the elon pumps it up significantly when it goes down is also so drastic. The general picture is like this DOGE = as long as the musk elon is still pumping and is discussed, it will certainly increase.
Agree, main reason for people coming to this coin is because elon as well and until this day the reason still remains the same while also people expect elon as a billionaire to give them a way to multiply their money, butit seems the hype of doge recently has been decreasing though the price still kinda stable around $0.5 therefore we can take conclusion that this coin only good if elon is still relevant and still discuss about this coin, other than that, it could get dumped drastically anytime
just like other meme coin. tesla plan of accepting doge as payment method doesn't mean shit at this point since it's kinda irrelevant other than just a temporary hype.
Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?
I am wondering if he will keep tweeting about it after the bull market is over.
I am wondering if he will keep tweeting about it after the bull market is over.
I don’t know if he is speculating on doge.
But the fact that a man like Musk is pumping a coin ... it makes me sad.
i just saw that elon musk just wanted to get personal profit from trading Dogecoin. no more than that. what he said about doge and Tesla or other tweets in my opinion is only the formulas he created so that people are interested in investing. without it people would not be interested in buying. so be more selective in investing as my advice. do not let you become a victim and get an investment loss
Everyone knows that Elon Musk doesn't directly own any large amounts of cryptocurrency. Even his indirect ownership of cryptocurrency is limited to Bitcoin (which is under the ownership of Tesla). In fact if he was owning large quantities of Dogecoin, he would have been in a lot of trouble, as the SEC is closely monitoring his market manipulation strategy. Ultimately, his intention may be to come up with his own cryptocurrency. That's the hint I get, when I go through all of his recent Tweets.
It is also interesting for me because Dogecoin is one of the shitcoins, but the price of this coin is manipulated by Elon Musk's tweets, l don't think that Elon Musk wants to earn only from Dogecoin, there are also other reasons for holding this coin. However, l don't know exactly what is the purpose of this. On the other hand, Elon Musk has decided that BTC will not be accepted for getting Tesla cars, if you want to buy Tesla, you can do it with Doge. This decision is also affecting the price of Dogecoin.
There's no reason for him to hold a shitcoin, all he did is to hype the coin so he can earn from dogecoin. He finds dogecoin a coin that was neglected and if he holds a big portion of it, it's easy to manipulate it by moving the big supply to the market, and he succeeded in doing it, everyone is riding with him and now that his reputation is a bit tarnish, I'm sure panic is already happening. Expect a huge dump on DOGE.
The one who best understands the friction and the direction of the Doge in the future is the elon itself and for its fundamentalists it is not certain that the example when the elon pumps it up significantly when it goes down is also so drastic. The general picture is like this DOGE = as long as the musk elon is still pumping and is discussed, it will certainly increase.
It is also interesting for me because Dogecoin is one of the shitcoins, but the price of this coin is manipulated by Elon Musk's tweets, l don't think that Elon Musk wants to earn only from Dogecoin, there are also other reasons for holding this coin. However, l don't know exactly what is the purpose of this. On the other hand, Elon Musk has decided that BTC will not be accepted for getting Tesla cars, if you want to buy Tesla, you can do it with Doge. This decision is also affecting the price of Dogecoin.
There's no reason for him to hold a shitcoin, all he did is to hype the coin so he can earn from dogecoin. He finds dogecoin a coin that was neglected and if he holds a big portion of it, it's easy to manipulate it by moving the big supply to the market, and he succeeded in doing it, everyone is riding with him and now that his reputation is a bit tarnish, I'm sure panic is already happening. Expect a huge dump on DOGE.
It is also interesting for me because Dogecoin is one of the shitcoins, but the price of this coin is manipulated by Elon Musk's tweets, l don't think that Elon Musk wants to earn only from Dogecoin, there are also other reasons for holding this coin. However, l don't know exactly what is the purpose of this. On the other hand, Elon Musk has decided that BTC will not be accepted for getting Tesla cars, if you want to buy Tesla, you can do it with Doge. This decision is also affecting the price of Dogecoin.
He have all the resources and all the information that he needs to prevent that to happened, before SEC sue him he already have a good alibis for such claimed.
Like what you have said he's too smart and always have someone to defend him, his sets of lawyers are the top as he can easily pay them out to secure his position.
He can make more money by bring the hypes we just dont know where it's coming /going to.
I will have to recognize that most likely I was mistaken, just a few days later we have seen what can only be characterized as an attack coming form him against bitcoin, this is worrying as it seems to me he is trying to manipulate the market, however this is a dangerous strategy, the SEC is getting more and more interested in the market and their activities have began to increase and there is no doubt in my mind they may watch every single tweet of Elon and see the reactions of the market and they may be building a case against him if he keeps doing things like these. Like what you have said he's too smart and always have someone to defend him, his sets of lawyers are the top as he can easily pay them out to secure his position.
He can make more money by bring the hypes we just dont know where it's coming /going to.
Many good news coming out for Dogecoin today and I believe there will be a great comeback because coinbase will list Dogecoin for coming weeks and that alone is so bullish. Elon Musk did a great job shilling and as he said he will take dogecoin literally to mars and he also considering dogecoin as payment of purchasing tesla cars.
If a coin needs to depend on good news all of the time and cannot grow on its own naturally,,, then you should be very worried for the time that all these platforms start to lose interest in the coin and will only go somewhere else. Elon did a good job shilling,,, but all shills know they need more and more effort to push and maintain price pumps.
Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?
I am wondering if he will keep tweeting about it after the bull market is over.
I think ELON MUSK's goals both on social media and on his personal social media are widely known by many people, Elon is no stranger to the community in forums or outside forums, public.I am wondering if he will keep tweeting about it after the bull market is over.
According to what elon said to doge.
Here are the main goals:
ELON MUSK: MY MAIN GOAL IS TO GET HUMANITY TO MARS BEFORE I DIE
Elon Musk explains Dogecoin on SNL: Is it 'the future' or 'a hustle'?
i remember he said that dogecoin is made out of joke. and was purposely made to make fun of cryptocurrency which he also add that "faith love irony" to which the cryptocurrency that was made out of a joke in fact becomes the real currency. this is the video https://www.youtube.com/watch?v=u_U_dOOI9us
i really think he is serious about doge being one of the cryptocurrencies of the future and it was to make fun still.
I don't know what he has in mind for dogecoin and I don't think anyone out there can tell you that either, Elon is the second richest man in the world and he's successful in all areas of life, what do you think dogecoin can give to him? Absolutely nothing, Elon has all the money he needs he doesn't really need to make money of dogecoin for him to support it, also AFAIK Elon started tweeting about dogecoin sometime back even before this current bull run, those were meme tweets(a photo with dogecoin logo added to it) and people never took serious as they do now.
doge coin could give him money from the market manipulation alone, remember doge-01? elon plan to launch that solely using doge, and i'm pretty sure he gained something from his tweet as well, although he never announces it to public i'm sure he has some doge in his posession waiting to be sold or even participating in the market pump and dump not to mention the sheer media exposure from his usual tweet alone already beneficial to him and his company.
It's hard to say why Elon Musk promoting Dogecoin so hard, maybe it's all because of the money, since we all know that rich people want more money and therefore Elon Musk may have invested in Dogecoin and he is now waiting for the Dogecoin price to rise to incredible heights to get a huge profit from this, and perhaps Elon Musk promotes Dogecoin for no reason, so he just kills his time, although in this also very difficult to believe, well, the most important thing for us is that Elon Musk must promote Dogecoin as long as possible, because we will can make money on it.
Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?
I am wondering if he will keep tweeting about it after the bull market is over.
we will not know what @elonmusk will do at any time, as long as what is tweeted can affect the existence of something coin, of course we can be sure that there is a purpose that he wants, obviously profit. As a famous businessman, of course he cannot be separated from looking for profit, if what is said can influence then he will make it.I am wondering if he will keep tweeting about it after the bull market is over.
besides all do not want to listen because what is said has its own intentions which may not suit many people.
because there are still many who believe that he will do it continuously as long as he gets the benefit.
Many good news coming out for Dogecoin today and I believe there will be a great comeback because coinbase will list Dogecoin for coming weeks and that alone is so bullish. Elon Musk did a great job shilling and as he said he will take dogecoin literally to mars and he also considering dogecoin as payment of purchasing tesla cars.
I don't know what he has in mind for dogecoin and I don't think anyone out there can tell you that either, Elon is the second richest man in the world and he's successful in all areas of life, what do you think dogecoin can give to him? Absolutely nothing, Elon has all the money he needs he doesn't really need to make money of dogecoin for him to support it, also AFAIK Elon started tweeting about dogecoin sometime back even before this current bull run, those were meme tweets(a photo with dogecoin logo added to it) and people never took serious as they do now.
We don't have to complicate things, the goal is simple, and that its to make money.
Elon is a billionaire and he joined crypto as he knows he has the power to manipulate the market, imagine, a person who has money and influence to manipulate the market, isn't it a good tool to make easy money? Of course, it is, and he chooses DOGE for that matter.
I don't know what he has in mind for dogecoin and I don't think anyone out there can tell you that either, Elon is the second richest man in the world and he's successful in all areas of life, what do you think dogecoin can give to him? Absolutely nothing, Elon has all the money he needs he doesn't really need to make money of dogecoin for him to support it, also AFAIK Elon started tweeting about dogecoin sometime back even before this current bull run, those were meme tweets(a photo with dogecoin logo added to it) and people never took serious as they do now.
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