Why Elon Musk shill for DOGE - page 2.

Yaunfitda

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Quote from: DarkDays on February 10, 2021, 05:20:40 PM

Quote from: mu_enrico on February 04, 2021, 07:51:30 AM

He wasn't shilling, but more of having some fun with his tweet. It is not the same as Jack Dorsey shilling BTC since he was serious about it.
Elon Musk likes to joke, meme himself, etc. He likes the attention more than anything else.

What a joker!!! I saw the initial spike and many people got wrecked after that as obviously nothing happened. People thought it was real and bough in DOGE only to find out that the price suddenly started moving in the other direction.

I suppose, some experimentation is all he can get. It could be a test for his future plans - perhaps, planning on extending his investments beyond BTC into Alts and wanted to see how other people reacted - no bad of reaction here with DOGE Undecided

Little did we know that Elon is really a bitcoin fanboy and not with Doge.

He is simply using the Doge to do some leverage, and see how his simple tweet and shilling will affect the market. And he is really successful doing it as Doge price really went off the roof. However, with his admittance of buying bitcoin, I'm sure there will be no weight for his Doge tweet anymore. People are going to buy bitcoin because he himself have invested $1.5 billion. So Doge will continue to be a meme coin and from here on in, it will be used by a lot of pump and dump groups.

vintages

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Quote from: giammangiato on February 10, 2021, 04:59:05 PM

People take too seriously Elon Musk's tweets, there are much more valid projects with accredited news and results that make just + 10% and so a stupid post is enough to make dogecoin make absurd profits. I think that the 50% of times he did it for joke!

That is the issue, many people look up to him as a mentor and imitate whatever he does; I mean, he is the world's richest man. He should be mindful of what he posts or tweets. It was crucial when he started, but now, I don't think it's right (IMO). It's kind of misleading because nobody knows which tweet is a joke or serious.

DarkDays

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Quote from: mu_enrico on February 04, 2021, 07:51:30 AM

He wasn't shilling, but more of having some fun with his tweet. It is not the same as Jack Dorsey shilling BTC since he was serious about it.
Elon Musk likes to joke, meme himself, etc. He likes the attention more than anything else.

What a joker!!! I saw the initial spike and many people got wrecked after that as obviously nothing happened. People thought it was real and bough in DOGE only to find out that the price suddenly started moving in the other direction.

I suppose, some experimentation is all he can get. It could be a test for his future plans - perhaps, planning on extending his investments beyond BTC into Alts and wanted to see how other people reacted - no bad of reaction here with DOGE Undecided

Renampun

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Quote from: Little Mouse on February 04, 2021, 07:25:56 AM

It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

I think he just likes to joke around with it or did he have lots of doges...
Shortly after Elon joked about Doge on Twitter, the price of Dogecoin shot up. This year, Elon really contributed greatly to the increase in the price of Bitcoin. *true to the fact that Elon is a true pumper crypto

giammangiato

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Quote from: Jawhead999 on February 04, 2021, 07:35:14 AM

I think it's because DOGE is a based meme coin, so he's trolling for fun/joke only.

But well people is too serious about his tweet, so many peoples are take the advantages of the hype since they think Elon Musk (the richest person) is believe on DOGE.

People take too seriously Elon Musk's tweets, there are much more valid projects with accredited news and results that make just + 10% and so a stupid post is enough to make dogecoin make absurd profits. I think that the 50% of times he did it for joke!

bonyaserg

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I believe that Elon Musk knows that Dogcoin will rise in value soon. And, like an ordinary person, Elon Musk is investing in the promising Dogcoin. And believe me, this is a very correct decision, the lower the price of Dogcoin now, the more Dogcoin you can buy. At the moment, cryptocurrency is becoming very popular and requires a lot of attention. So you need to follow the news and invest as much as possible in a promising crypto coin.

noahmikkel

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Quote from: Little Mouse on February 04, 2021, 07:25:56 AM

It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

He's a well-known/richest man in the world so he can use his clout whenever he wants, knowing that he's a fan of crypto (Dogecoin to be specific) will really create a huge impact to the crypto despite knowing that DOGE was a meme-coin. He's an inventor as well and I think that's one of the reason why he's supporting cryptocurrency technology. Soon enough I think Elon will make collaborations with top tier exchanges like Binance, Coinbase, KuCoin or even DEX's like Uniswap & Sushiswap and will accept crypto transactions when buying Tesla Model cars via BTC & ETH.

akar87

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Quote from: Maestro75 on February 10, 2021, 03:07:18 AM

Quote from: ?? on ??

I think elon musk is hodling a enormous amount of dogecoins thats why he is shilling it and also because of it he is trying to create hype and FOMO so that once that he saw that the dogecoin price is what he desire then that is the time that will sell and dump dogecoin again.

Elon Musk is a very rich man with a business wisdom and I do not think that he will be in doge to shill and then dump it. He knows that will mess his reputation up and am not sure he will go down low that way. Doge is a nice coin only that it has been neglected for long. Now Elon has come to make it famous.

Rich person and have bigger company around the world make Elon Musk most waiting by many people what he do next time and what his tweet every day, every one can be Elon Musk when have much money and have bigger company in the world when make some thing allow on other people, looks with Elon Musk right now he not understand about what he tweet exactly with Doge coin and cryptcourrency, so now is not happen with Elon Musk after loss every thing on his hands.

marilynmanson21

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Quote from: meldrio1 on February 09, 2021, 11:33:40 AM

I doubt that Elon Musk was already invested in Doge not just only bitcoin. Maybe at first he tried to tweet just to test how he can pull up the doge and it was effective, and the second time that he tweeting about doge for sure he already invested it, he can make money on cryptocurrency easily.

It is impossible for Elon Musk to do FOMO without making prior preparations, they and their entire team have of course planned this, they are very easy to take profit, because they are the ones who drive and control market sentiment,
Now you don't need to hesitate if you want to buy coins for short-term trading, just wait for Elon Musk to make a word on twitter and the coin price will go to the moon.

m_nief

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Moonbet.io

i think it can be better if Elon Musk will create his own crypto that based on his huge project, SpaceX, it can be SpaceX coin may be. I'm sure that so many investors will be interested

rat03gopoh

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What I think is that Elon Musk deliberately did shill for doge to get fresh funds to expand his new company (Tesla) in several places without spending a lot of caps. If you pay more attention to some of the news lately, you'll understand Elon's scenario. Moreover, when the announcement that the cryptocurrency plan accepted for the purchase of Tesla products is only bitcoin, not Doge.

VanDeinsberg12

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Quote from: Kena Banned on February 09, 2021, 02:36:26 PM

Quote from: meldrio1 on February 09, 2021, 11:33:40 AM

I doubt that Elon Musk was already invested in Doge not just only bitcoin. Maybe at first he tried to tweet just to test how he can pull up the doge and it was effective, and the second time that he tweeting about doge for sure he already invested it, he can make money on cryptocurrency easily.

I also doubt if person like Elon Musk do this only for profit, i mean maybe he see something useful things from Doge or either he just want to make fun of it.
Also, Now Tesla announce to invest on Bitcoin, why not Doge? Im more sure Elon just want to make fun of the memecoin while many person take hype of it.

If tesla decides to invest in doge then the investor would be raging honestly, doge coin as good as it is, still created for meme and not for investment while bitcoin was a crypto that aims to revolutionize traditional paper money and just seems more appropriate to invest to. also, not to mention that elon isn't the sole investor of tesla so it does make sense if they decide to invest to bitcoin instead.

Kena Banned

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Quote from: meldrio1 on February 09, 2021, 11:33:40 AM

I doubt that Elon Musk was already invested in Doge not just only bitcoin. Maybe at first he tried to tweet just to test how he can pull up the doge and it was effective, and the second time that he tweeting about doge for sure he already invested it, he can make money on cryptocurrency easily.

I also doubt if person like Elon Musk do this only for profit, i mean maybe he see something useful things from Doge or either he just want to make fun of it.
Also, Now Tesla announce to invest on Bitcoin, why not Doge? Im more sure Elon just want to make fun of the memecoin while many person take hype of it.

carlfebz2

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Quote from: Little Mouse on February 04, 2021, 07:25:56 AM

It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

No on knows on whats the actual thing behind with these shills but we do know as the richest man of the world would make out significant impact into its price.

Just to look on what happened in the market when they do decide up to buy a billion worth of Bitcoin which did really make out some price bump on bitcoin itself.

Doge is still moving though and whatever reason it is, neither personal or what.This is really a good situation for those who had baghold DOGE for a very long time.
Their waiting had paid off since this meme coin did really move out.

darewaller

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Quote from: coin-investor on February 08, 2021, 09:42:06 AM

Even if it is a meme coin it's a very stable coin with a huge community, and have created a huge impact in the community, there are only a few coins that's been around long like Dogecoin, it's a meme coin that finally got attention from the richest man in the world, I have not questioning Elon Musk intention Dogecoin is an underrated coin in the market, congratulations to those bag holders they finally realize profit.

It is not a "very stable coin" as you have seen in the last 1 week, it is the least stable coin you could find because it moves like crazy whenever there is a pump, and this is not the first time Elon ever pumped a coin, we have seen him pump Doge before as well, this time around he pumped BTC with it as well. However no matter how awesome the community is, how Elon pumps and shills for it, and however the hell reason it went up, we can definitely say that it is not a stable one at all, it is very volatile and it is evident from the increase.

The only thing that makes dogecoin good is the type of people that invest into it, it is not the same serious and "I want to make money asap!!" type of crowd, it is the joking around crowd which means they are not really after getting rich by buying dogecoin, they just want to take part in the fun everyone is having and that is a good reason to go up.

meldrio1

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I doubt that Elon Musk was already invested in Doge not just only bitcoin. Maybe at first he tried to tweet just to test how he can pull up the doge and it was effective, and the second time that he tweeting about doge for sure he already invested it, he can make money on cryptocurrency easily.

Rampagoe004

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https://duelbits.com/

Everyone can do as long as he is able, now Elon Musk has made new experiments in the world of crypto coins that are considered trash are now blooming and are the dream of investors. Elon is the first person to dare to turn a dead coin, Dogecoin, many say he is just joking with his twett but what we do Look at the fact that Elon Musk managed to make a new experiment a good job

akar87

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So far I see several tweet by Elon Musk only with Doge coin and bitcoin, there are not any tweet about other coin and I think Elon just care with coins without have the owner, maybe if tweet other coin and have the owner but the last become scam by lower price maybe Elon look not funny because become promoting with scam coin project, never have any tweet by Elon musk discussing with other altcoin except doge and bitcoin.

shield132

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Quote from: Jawhead999 on February 04, 2021, 07:35:14 AM

I think it's because DOGE is a based meme coin, so he's trolling for fun/joke only.

But well people is too serious about his tweet, so many peoples are take the advantages of the hype since they think Elon Musk (the richest person) is believe on DOGE.

Doge is just a joke coin and I think that Elon Musk tasted his influence on people. This man just told us that troll coin is a great choice and people quickly invested in it, i.e. this man showed himself to the world that he can make psychologically invaluable thing a valuable one. Doge had an 800% rise in price very quickly, that's a shame. This clearly shows that people follow others blindly. I love the fact that Doge had rise in price and even Bitcoin had a rise today after Tesla invested in Bitcoin but at the same time it's a very sad fact.
Imagine, if satoshi would create fake account and say on bitcointalk that Doge is a great coin, everyone would ignore it, even if it was backed by very strong arguemnts.

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Quote from: mu_enrico on February 08, 2021, 10:57:27 AM

Yeah, it's great news about BTC, not sure if Tesla also bought DOGE though.
10% of Tesla cash sounds legit for gambling money, and he did just that.

I think he might use his personal pocket to pump DOGE, what a crazy year Grin

Tesla is a big company and of course hearing the news about their investment in bitcoin in my opinion this is a little crazy, lol so immediately the pump happened BTC and DOGE, is this really going to continue so that it is even more sustainable for the current price of DOGE?
This is only 10%, how some of the basic Tesla money this year is indeed a little crazy, I'm happy to see the market moving on longer than its previous history.

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