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Topic: Why Elon Musk Again & Again Tweet for Doge? - page 2. (Read 1259 times)

legendary
Activity: 1526
Merit: 1359
It's probably all fun for him, because Elon is known to love memes and crypto. I seriously doubt that he has any interest in the Doge, since he is currently the richest man in the world, there is no point in making money by manipulating the Doge's market.
I don't think there's a risk to his reputation. Doge started as a joke coin, so it should be regarded as a joke.
full member
Activity: 686
Merit: 103
www.fintropy.io
Elon Musk is taking advantage of his position and playing with an already volatile market. It seems to me that if Mr. Musk had just invested his money without too much pathos, people would have more faith in his tweets and deeds. And so Elon Musk staged a real show with Dogecoin, a demo purchase of Bitcoins for a huge amount.

The show is interesting, but reliability and trust are much more interesting. And after Mr. Musk's statements, his audience was divided into two halves: one considers him a very intelligent and far-sighted person, while the others were disappointed. Undecided
jr. member
Activity: 652
Merit: 6
I think Elon Musk's enthusiasm for Dogecoin is confusing because it is used as a vehicle for speculation. Moreover, the reason is to make Dogecoin one of the internet currencies and the concentration of Dogecoin on a group of parties will make the price of this cryptocurrency can be controlled by big players. But basically don't know the exact reason why Elon Musk tweeted for Doge
jr. member
Activity: 406
Merit: 1
He is by all accounts that sort of fellow from the couple of meetings I have seen from him Smiley.
Furthermore, he most likely likewise needs to wreck a little with the customary huge monetary institutes,I read a ton of suppositions about Elon Musk's activities on this market, everybody was upbeat about his activities, causing numerous individuals to astonish and sell their dogecoin to make a major benefit. So I am certain Elon Musk likewise makes a major benefit like others in light of the fact that, with his cash, he can have a major measure of dogecoin.
hero member
Activity: 3038
Merit: 628
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That's right and there's no mentioned on some articles that he really bought doge and if there really is maybe it's just a little part of his wealth.
I think there's an article that he bought but it's not for himself but for his kid, IIRC.

Most provably his into bitcoins right now and he's just shilling it so that he can possibly grow his small part of his investment on Doge.
He's really into bitcoin. It's noticeable that Tesla bought bitcoins with a budget of $1.5B and that's a lot of money for buying bitcoin and everyone was shocked by that news.
legendary
Activity: 2982
Merit: 1028
I think the main reason why Elon Musk tweet for plenty of times and shillin about dogecoin is because he is one of the whales hodler of this token and he wants to create hype that will make people that follows him FOMOed. And I guess that once he reaches his desire dogecoins value he will dump all his hodlings.

We don't really know but for sure it's all about money.

He will not stake his reputations for nothing, maybe if he's not directly into it there are armies of count that are working behind, people
who managing he's account so it won't directly hits under his name. He's very popular so for sure he knows that government can hit
him up if they'll see opportunities he's living where taxes are strictly implemented , he's not a billionaire for nothing.
legendary
Activity: 1862
Merit: 1015
That's obviously what he does. And it's just for the meme that he does. I don't find any relevance of him being related to Dogecoin.
That is not a meme, ElonM just makes a fomo and enriches himself and his followers,,
pumped Dogecoin price up to $0.08 and now Dogecoin price is $0.05, stable at that price, this shows that Dogecoin enthusiasts have declined and realize that Dogecoin is not a good coin for long-term investment.
if I remember correctly a few days ago ElonM also tweeted again about Dogecoin, but I don't see any price changes on Dogecoin, maybe a lot of people are tired of following ElonM tweets Smiley
legendary
Activity: 2758
Merit: 1228
It's kinda funny if what you say is true regarding "He started doing it for fun"  Grin
I'm also aware that his tweets are pumping the dogecoin but I'm still not sure if he's doing it for fun or rather he has bought enough doge coins and now using his influence to pump that price which is unlikely but a possibility.
That's somehow true although he hasn't mentioned that he is literally doing that for fun. Because if he starts to mention it, Doge will drop and many of its investors will be rushing to dump the coin.
Doge is just a meme coin and if he's tweeting it in all seriousness, I don't think that he's really doing it. I agree that he's doing it just to have fun.

Maybe at the start, he was just trolling around doge. But I believe, this time, aside from fun, he is already serious about this. As he is invested in bitcoin, he now understands the importance of doge in the market. And I believe, he is not doing this for fun anymore, he, more than likely has a huge stash of doge.
Serious about making Doge the money of the future? I don't really think that he's serious with all the tweets he does. He finds himself powerful and can make the market move and do as he says. That's the twist, Tesla invested in bitcoin, and if he's serious with all the talks about Doge.
He should've invested in Doge instead of bitcoin. I cannot imagine thinking that $1.5B serious money will be invested to Doge.

That's right and there's no mentioned on some articles that he really bought doge and if there really is maybe it's just a little part of his wealth. Most provably his into bitcoins right now and he's just shilling it so that he can possibly grow his small part of his investment on Doge.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
It's kinda funny if what you say is true regarding "He started doing it for fun"  Grin
I'm also aware that his tweets are pumping the dogecoin but I'm still not sure if he's doing it for fun or rather he has bought enough doge coins and now using his influence to pump that price which is unlikely but a possibility.
That's somehow true although he hasn't mentioned that he is literally doing that for fun. Because if he starts to mention it, Doge will drop and many of its investors will be rushing to dump the coin.
Doge is just a meme coin and if he's tweeting it in all seriousness, I don't think that he's really doing it. I agree that he's doing it just to have fun.

Maybe at the start, he was just trolling around doge. But I believe, this time, aside from fun, he is already serious about this. As he is invested in bitcoin, he now understands the importance of doge in the market. And I believe, he is not doing this for fun anymore, he, more than likely has a huge stash of doge.
Serious about making Doge the money of the future? I don't really think that he's serious with all the tweets he does. He finds himself powerful and can make the market move and do as he says. That's the twist, Tesla invested in bitcoin, and if he's serious with all the talks about Doge.
He should've invested in Doge instead of bitcoin. I cannot imagine thinking that $1.5B serious money will be invested to Doge.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
It's kinda funny if what you say is true regarding "He started doing it for fun"  Grin
I'm also aware that his tweets are pumping the dogecoin but I'm still not sure if he's doing it for fun or rather he has bought enough doge coins and now using his influence to pump that price which is unlikely but a possibility.
That's somehow true although he hasn't mentioned that he is literally doing that for fun. Because if he starts to mention it, Doge will drop and many of its investors will be rushing to dump the coin.
Doge is just a meme coin and if he's tweeting it in all seriousness, I don't think that he's really doing it. I agree that he's doing it just to have fun.

Maybe at the start, he was just trolling around doge. But I believe, this time, aside from fun, he is already serious about this. As he is invested in bitcoin, he now understands the importance of doge in the market. And I believe, he is not doing this for fun anymore, he, more than likely has a huge stash of doge.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
It's kinda funny if what you say is true regarding "He started doing it for fun"  Grin
I'm also aware that his tweets are pumping the dogecoin but I'm still not sure if he's doing it for fun or rather he has bought enough doge coins and now using his influence to pump that price which is unlikely but a possibility.
That's somehow true although he hasn't mentioned that he is literally doing that for fun. Because if he starts to mention it, Doge will drop and many of its investors will be rushing to dump the coin.
Doge is just a meme coin and if he's tweeting it in all seriousness, I don't think that he's really doing it. I agree that he's doing it just to have fun.
legendary
Activity: 1197
Merit: 1001
Yeah, we know from past. Elon musk name is co relate with Dogecoin why not? but, I want to know why Elon musk again n again tweet for Dogecoin any reason ?

Tweet Links are here: https://twitter.com/elonmusk/status/1357236825589432322

https://twitter.com/elonmusk/status/1357241340313141249




Contrary to many people's beliefs, Elon Musk, the richest man on the planet, doesn't spend all day thinking about Dogecoin.

In a recent tweet, he turned to growing criticism of his frequent crypto tweets, saying his Twitter behavior "definitely" did not represent the actual distribution of his wallet.

So maybe he just loves to "play" with the market through his influence on social media.
legendary
Activity: 3024
Merit: 2148
It's kinda funny if what you say is true regarding "He started doing it for fun"  Grin
I'm also aware that his tweets are pumping the dogecoin but I'm still not sure if he's doing it for fun or rather he has bought enough doge coins and now using his influence to pump that price which is unlikely but a possibility.

He's already stupidly rich, why would he need to manipulate a crypto market to make even more money? And the risk is there, the SEC already investigated him once over his twitter activity, I'm sure all his crypto-related transactions are closely monitored. He isn't some unknown guy who can move millions in crypto without the regulators knowing about it.
member
Activity: 893
Merit: 43
Random coins :)
Yeah, we know from past. Elon musk name is co relate with Dogecoin why not? but, I want to know why Elon musk again n again tweet for Dogecoin any reason ?

Tweet Links are here: https://twitter.com/elonmusk/status/1357236825589432322

https://twitter.com/elonmusk/status/1357241340313141249

Because the laws of speculation in the world of crypto do wonders and if used correctly get you positive results.

Secondly his a businessman and influencer with a huge following so he might be vouching or shilling doge to get some of his followers or anybody that sees his tweets to use/invest in this coin... or simply trying to give dogecoin the recognition it deserves  Roll Eyes .
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
He likes to have influence over the Doge market - I highly doubt that he has any skin in the game, it would be too risky for him, and he's already the richest man in the world, so there's no point for him to make money by manipulating the Doge market. It all probably started as a joke, because it's known that Elon likes memes, but at some point he became aware that his tweets pump Doge, so he started doing it for fun.

It's kinda funny if what you say is true regarding "He started doing it for fun"  Grin
I'm also aware that his tweets are pumping the dogecoin but I'm still not sure if he's doing it for fun or rather he has bought enough doge coins and now using his influence to pump that price which is unlikely but a possibility.
full member
Activity: 573
Merit: 100
Futurov
Maybe he is trying to manipulate the trend, stability and status of dogecoin in the market and sooner or later he will and he can manipulate the whole crypto market. We saw the effect of his tweets in doge coin and he can do it with other coins. If that will happen, there is always a sudden pump or price increase to a random coin and that will surely slowly change the trend of crypto market.

Elon Musk keeps on tweeting about dogecoin but i am sure he never buy any dogecoin. I do not understand the motive behind this logic. Tweeting about bitcoin is right because Tesla is buying bitcoin. I don't expect that one day Elon Musk will  tweet that tesla bought dogecoin too. This will be the most stupid investment tesla can make.
That is the reason why many people are supporting, following and idolizing Elon Musk, it is because of his being unpredictable when it come to decision making and future plans. He is a man of vision and integrity that is why many people including you and me are still wondering what is his purpose of doing this.
full member
Activity: 1946
Merit: 112
Yeah, we know from past. Elon musk name is co relate with Dogecoin why not? but, I want to know why Elon musk again n again tweet for Dogecoin any reason ?

Tweet Links are here: https://twitter.com/elonmusk/status/1357236825589432322

https://twitter.com/elonmusk/status/1357241340313141249


As far as I know, Elon Musk writes a lot of things on his Twitter and all this does not have to mean something. As for Dogecoin, then Elon Musk probably likes this cryptocurrency and maybe he wants to create his own cryptocurrency not from scratch, but from an already working one. But this is all guesswork, but in fact only Elon Musk himself knows. Personally, I think that we do not need to pay much attention to what people like Elon Musk are doing on social networks, since all this information can be just ordinary manipulation.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
Yeah, we know from past. Elon musk name is co relate with Dogecoin why not? but, I want to know why Elon musk again n again tweet for Dogecoin any reason ?

Tweet Links are here: https://twitter.com/elonmusk/status/1357236825589432322

https://twitter.com/elonmusk/status/1357241340313141249



You can do better things with your time than thinking why Elon Musk likes a meme coin (dogecoin), how can any one here explain that to you if they aren't Elon Musk  Grin, he probably tweets about it cause he wants to pump up the price of dogecoin, or he just sees it as a meme coin which he can have influence over, since dogecoin devs abandoned the project, there was a time he referred to dogecoin as the people's coin,just make profits selling off your doge whenever he tweets and it goes high, no point knowing his reason behind tweeting dogecoin.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
Maybe Elon Musk wants the price of Doge coin to continue to rise and grow like other Altcoins.
That's obviously what he does. And it's just for the meme that he does. I don't find any relevance of him being related to Dogecoin. It's already a long project that's been abandoned yet still operational.
A big market cap has already been with it and that's just the process keeps going on because there are several exchanges that supports it.
legendary
Activity: 2436
Merit: 1189
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I don't know the exact reason about it. But I have a doubt that somehow maybe elon musk is related to the doge coin project. The relation may not be come from the beginning but I have a doubt. Smiley

After this tweet and pump dump drama I realise that "Only money can catch more money" and "how easy to increase own portfolio by the richest man" just a tweet and this help to become millionaire.
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