Why Elon Musk Again & Again Tweet for Doge? - page 5.

judaspriest

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Quote from: rijaljun on February 07, 2021, 10:13:13 AM

We don't know what he is thinking but I guess he has his own reason why he is doing it, either he wants to get an attention by creating a hype to DOGE. But whatever his reason is, the overall result is favoring to DOGE currency.

So in my view, I guess he can gain something once DOGE will pump that much as it is pretty difficult to say also that he is doing it just to messed up the market as the market has been messed up already base on my view.

The possibilities as you say are always there but we don't know what Elon Musk got,
apart from all that I think Elon Musk is really cool because he just tweeted and was immediately influential,
and what will happen in the future certainly makes us curious and let's follow the developments

rijaljun

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We don't know what he is thinking but I guess he has his own reason why he is doing it, either he wants to get an attention by creating a hype to DOGE. But whatever his reason is, the overall result is favoring to DOGE currency.

So in my view, I guess he can gain something once DOGE will pump that much as it is pretty difficult to say also that he is doing it just to messed up the market as the market has been messed up already base on my view.

Clement Kaliyar

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Quote from: Russlenat on February 06, 2021, 05:43:20 PM

I think he should focus on his Tesla and space exploration project.. Now, he has a lot of fans but if people will get disappointed by him, it will not help his reputation. Maybe he was just playing, we never really what his real motive is, but we have to be smart guy, don't let a tweet change the market movement, otherwise we allow it to easily get manipulated.

Elon Musk have serious business enterprises that make a change in real life and let him have some entertainment once in a while by trolling the investment community be it in the cryptocurrency or in the stock market space and he keeps on repeating it often and all of his tweets are gaining much popular than anything i have seen in the public space and these sort of pump will not last forever.

Russlenat

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I think he should focus on his Tesla and space exploration project.. Now, he has a lot of fans but if people will get disappointed by him, it will not help his reputation. Maybe he was just playing, we never really what his real motive is, but we have to be smart guy, don't let a tweet change the market movement, otherwise we allow it to easily get manipulated.

CarnagexD

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He basically is a supporter of the cryptocurrency techbology and the wonders of bitcoin, and being a meme-loving man perhaps drew him to endorse doge on his handles, which benefitted well as the coin rose up to popularity and gained percentages ever since it was advertised. Or he may have an ulterior motive that he is hiding from plainsight which is somehow related to advertising bitcoin and doge on his twitter.

jossiel

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Quote from: GreekCoiner on February 06, 2021, 04:08:10 PM

Its a game for him dude! He likes trolling others, thats all. Grin

And games are used to be fun which he is enjoying.

It's not a secret anymore why he keeps on doing that. Is he benefiting from that? it could be or it could be not. But that's one thing for sure is that he's enjoying all of the crowd taking notice his tweets and buying whatever he post such as bitcoin and doge. Although in bitcoin, that's a different thing, he's a known supporter of it who said that he only owns a few.

He's might be thinking that, he understands now the feeling of what John had done before.

Santri

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Quote from: Smartprofit on February 06, 2021, 03:19:17 AM

Perhaps Elon Musk has a similar motivation. He sees Dogecoin as the new popular Bitcoin.

At the same time, Elon Musk is a media personality.

Therefore, he has the ability to influence the price of the Dogecoin cryptocurrency with his tweets. He probably likes to do it.

means if elon always tweet every week ,month or every year then all his followers will always believe him? and the price every week, month or every year Doge price can continue to pump?

GreekCoiner

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Its a game for him dude! He likes trolling others, thats all. Grin

Remember when he tweeted that "IMO TSLA price is very high"?
He's the richest person in the world. He doesn't do that to manipulate the markets. He already has enough money. He doesn't need more.

ashmodeus

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my opininon its just like a entertainment for him , another of my opinion ,he tweeted about try to REKT the short player , probably that the reason , but well , i still not sure about it, as we see right now , its like normal thing for doge , the price tend to stable at 5 cents even after another tweet. too much endorsement will become not special anymore right ?

muratsink

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Elon Musk make new tweet about doge coin today although not bigger impact but doge coin up about 15%, I think almost one week Elon Musk make two tweet about doge and become bigger chance waiting for doge coin on lower price to buy. Later waiting with Elon Musk tweet for make doge coin back to higher price, without any new tweet maybe look hard for doge coin back to higher price and keep in lower price for long time.

Altcoinsintel

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This is getting really boring and doesn't do justice for the cryptocurrencies we have that are working and developing. Doge was a meme and Musk is only giving hints that this whole market is a joke for him. I don't consider the Bitcoin logo he added to be important either. He is either investing a proper amount of his wealth into Bitcoin, or he should just stop discussing. I think that most people of his level are watching and laughing but are not taking anything seriously and this is how all these tweets appear to be.

ubercool

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https://twitter.com/elonmusk/status/1357914696645414913

Another tweet by the world's richest person and nearly 10% pump as soon as his tweet comes.

I dont understand whether the guy is serious or just doing it to troll us.

Sometimes I wonder what if a news comes today which says Tesla has been buying Bitcoin secretly...!!!
If Elon has at least some of his money in crypto(Officially and announce) then market will sky rocket again..

P.S I know he has crypto... Cool

Psynthax

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Quote from: speedforce on February 05, 2021, 11:19:43 AM

Theres two possible theory in my mind.
1. Elon Musk have fun for trolling Doge Price
2. Elon Musk account been hacked and he wont admit it since its shameful to him.

If he really got hacked he would've announced it right immediately since it can be used for criminal activities like for example scamming people by DMing through twitter. AFAIK elon doesn't really care about saving face in twitter he just tweet whatever he wants and to save face just because hacking is definitely not him.
I believe he's more of just trolling Grin

not to mention he said that crypto might be the future currency for space exploration maybe he's just tinkering around testing the water while making a joke or memeing.

$crypto$

legendary

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Quote from: Smartprofit on February 06, 2021, 03:19:17 AM

Perhaps Elon Musk has a similar motivation. He sees Dogecoin as the new popular Bitcoin.

At the same time, Elon Musk is a media personality.

Therefore, he has the ability to influence the price of the Dogecoin cryptocurrency with his tweets. He probably likes to do it.

Since Elon Musk likes the crypto industry, there have been so many changes to cryptocurrency, plus now with trends that continue to emerge then this will be even more confident for other investors to come, I know now it is more focused on the figure of Elon Musk because only in frequent touting Doge as his best coin, just look from low to high because it comes from his tweets, therefore now what Elon Musk said will be a significant change.

In fact, he really likes it, maybe some other billionaires will also follow in the footsteps of seeing prices continue to soar they understand how fast profits are in cryptocurrency.

Smartprofit

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When I first became interested in the crypto industry (June 2017), it also seemed to me that I had missed the most interesting events and the price of bitcoin would no longer rise.

So I started looking for an alternative to Bitcoin. I started looking for the "new undervalued bitcoin". I have invested in cryptocurrencies such as Dash, Monero, Bitcoin Cash ...

Perhaps Elon Musk has a similar motivation. He sees Dogecoin as the new popular Bitcoin.

At the same time, Elon Musk is a media personality.

Therefore, he has the ability to influence the price of the Dogecoin cryptocurrency with his tweets. He probably likes to do it.

torrantz

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He just trolling and we take it too seriously, you just don't need to think about it at all, but sometime I really think he holds dogecoin at certain degree and just trying to experiment on the FOMO by making some tweet or testing his influence.
Whether the market gonna get shaken and following his tweet it's definitely all because of the people overly glorifying his tweet but I'm certain that I don't want to miss his pump and dump train if reading tweet is what it takes to get profit LOL.

coin-investor

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Quote from: Congyang on February 05, 2021, 05:47:54 PM

There are some people think that if elon becomes one of the doge producers in the ascension, but in fact it is not true that doge has increased because there are special factors and elon musk is only one of the supporters. I think people think that if Elon Musk controls the doge it looks like they'll regret it later on because they don't know the real market

Can we say it's just a coincidence he still tweeting about Doge and since he is a powerful man being the richest man on Earth he can do anything, I believe he made an impact on his tweet and support of Doge, because if there's no other factor why Doge Coin increases then we can point this only to Elon Musk.

Congyang

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Quote from: Twinkledoe on February 05, 2021, 03:58:25 PM

Quote from: BChydro on February 05, 2021, 02:31:37 PM

Quote from: speedforce on February 05, 2021, 11:19:43 AM

Theres two possible theory in my mind.
1. Elon Musk have fun for trolling Doge Price

This is the fact, he is always trolling with the market and even he is enjoying his influence in a decentralized market, i have no idea whether he is trying to prove anything with all these tweets, there is no doubt about his intelligence but i do not understand what he is trying to prove with these tweets.

Quote from: speedforce on February 05, 2021, 11:19:43 AM

2. Elon Musk account been hacked and he wont admit it since its shameful to him.

There is no way he keeps silent if his account is hacked as anything can be posted that could attract legal actions and tarnish his reputation.

Elon has been a vocal supporter of doge even years back. So it is not surprising, if he is now giving some support again by means of tweets. I don't think he is just trolling here. But the prob here, those noncrypto users will buy doge even without prior knowledge just because Elon Musk tweeted about it. And they will blame Elon for losing their funds.

There are some people think that if elon becomes one of the doge producers in the ascension, but in fact it is not true that doge has increased because there are special factors and elon musk is only one of the supporters. I think people think that if Elon Musk controls the doge it looks like they'll regret it later on because they don't know the real market

Twinkledoe

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Quote from: BChydro on February 05, 2021, 02:31:37 PM

Quote from: speedforce on February 05, 2021, 11:19:43 AM

Theres two possible theory in my mind.
1. Elon Musk have fun for trolling Doge Price

This is the fact, he is always trolling with the market and even he is enjoying his influence in a decentralized market, i have no idea whether he is trying to prove anything with all these tweets, there is no doubt about his intelligence but i do not understand what he is trying to prove with these tweets.

Quote from: speedforce on February 05, 2021, 11:19:43 AM

2. Elon Musk account been hacked and he wont admit it since its shameful to him.

There is no way he keeps silent if his account is hacked as anything can be posted that could attract legal actions and tarnish his reputation.

Elon has been a vocal supporter of doge even years back. So it is not surprising, if he is now giving some support again by means of tweets. I don't think he is just trolling here. But the prob here, those noncrypto users will buy doge even without prior knowledge just because Elon Musk tweeted about it. And they will blame Elon for losing their funds.

barabeku

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It is not Elon Musk that raises the value of the coin, but users who do not know how to think... and act only at the level of instincts. There was news on Twitter about Doge from a man of great reputation and everyone rushed to buy and sell their tokens. Maybe I'm wrong, but it looks strange.

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