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Topic: Why Elon Musk shill for DOGE - page 3. (Read 1353 times)

member
Activity: 368
Merit: 24
February 08, 2021, 11:15:10 AM
Dont hate on DOGE let it pump

Doge to the moon and then Mars why not, fast transactions cheap fees
also cheap to buy for new coiners and why not, can be the lighter version of bitcoin for smaller transactions
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
February 08, 2021, 09:57:27 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
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
February 08, 2021, 08:54:19 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.


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.

If anyone is still wondering, news just got out.  Tesla buys 1.5B USD worth of bitcoin - https://cryptonews.com/news/tesla-buys-usd-1-5b-worth-of-bitcoin-to-accept-btc-as-paymen-9161.htm. And the possibility the Elon is also buying doge is very high. This is I think the major reason why he was tweeting about bitcoin and doge in the recent days.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
February 08, 2021, 08:42:06 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.


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.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 08, 2021, 08:05:45 AM
We don't have any perfect explanation but maybe Elon musk is increasing his popularity. If I'm not wrong, He is the CEO of Spacex and Tesla. By helping others he is increasing his popularity. Although this year every altcoins will pump, so by helping DOGE coin
Elon Musk is the richest person in the world right now and you think he needs other publicity to get popular  Tongue. Elon is active in social media and this is not the first time he tweets about cryptocurrency and doge coin was his go to coin and you cannot pin point that the price is pumping because of his tweets as he is not asking anyone to pump.
Indeed, he is a market influencer, but I was just wondering why he becomes a crypto lover this time and he chooses Doge. Not knowing what is the reason why he is promoting Doge attached on his name in social media account but I don't want to spend my time digging on it.

And now, people get surprise, and they are asking why. Not to mentioned that he is investing Doge but probably he got a lot of it. That was more exciting to see what will happen to Doge coin in the coming days as it was a coincidence that the Bitcoin is also rallying high. Maybe, we can blame Elon Musk for this...
member
Activity: 775
Merit: 11
February 08, 2021, 08:02:16 AM
This also doesn't make sense, is it possible that just 2 tweets published by Elon Musk at that time really influenced DOGE's current rise? I still can't believe it, but considering the fact that DOGE went up significantly after Elon Musk published it on his Twitter account. or maybe just a coincidence?
sr. member
Activity: 574
Merit: 252
February 08, 2021, 07:55:45 AM
We don't have any perfect explanation but maybe Elon musk is increasing his popularity. If I'm not wrong, He is the CEO of Spacex and Tesla. By helping others he is increasing his popularity. Although this year every altcoins will pump, so by helping DOGE coin
Elon Musk is the richest person in the world right now and you think he needs other publicity to get popular  Tongue. Elon is active in social media and this is not the first time he tweets about cryptocurrency and doge coin was his go to coin and you cannot pin point that the price is pumping because of his tweets as he is not asking anyone to pump.
sr. member
Activity: 978
Merit: 250
February 08, 2021, 07:51:54 AM
We don't have any perfect explanation, but maybe Elon Musk is increasing his popularity. If I'm not wrong, he is the CEO of Spacex and Tesla. By helping others, he is increasing his popularity. Although this year every altcoins will pump, so maybe taking advantage of DOGE coin users. As he donated, we all have our different views.
full member
Activity: 1204
Merit: 162
February 08, 2021, 06:54:48 AM
Its ironic how many "hate" on Dogecoin now and say its nothing...

Just like people with Bitcoin early in the day Cheesy

You have to understand theres a whole generation now raised with constant dopamine-kicks.
It does not excite them to buy 1 bitcoin for $40k. Actually they cant.

So rather buy 1000 or 100000 Dogecoin. Dogecoin can do the exact same as Bitcoin just its
faster and cheaper and more fun.

Plus they feel like part of a movement. Maybe they will even go after Bitcoin, actually some
do already.

And I say that as a Bitcoiner. I love Bitcoin.


The happiest I saw Elon on video is when he reviewed memes. Now dogecoin being some sort of meme coin it goes in hand with him. I agree that price shouldn't be affected by his tweet but it's the time we live now.
full member
Activity: 224
Merit: 157
February 08, 2021, 05:38:54 AM
Its ironic how many "hate" on Dogecoin now and say its nothing...

Just like people with Bitcoin early in the day Cheesy

You have to understand theres a whole generation now raised with constant dopamine-kicks.
It does not excite them to buy 1 bitcoin for $40k. Actually they cant.

So rather buy 1000 or 100000 Dogecoin. Dogecoin can do the exact same as Bitcoin just its
faster and cheaper and more fun.

Plus they feel like part of a movement. Maybe they will even go after Bitcoin, actually some
do already.

And I say that as a Bitcoiner. I love Bitcoin.

newbie
Activity: 97
Merit: 0
February 08, 2021, 03:52:25 AM
But for now, I see that many people have benefited a lot by entrusting Dogecoin tokens for investment,
because the price is extremely expensive when compared to two days ago.
There are sellers of course there are buyers, indeed the biggest trading risk is loss.  I personally feel sorry, for people who buy at a high price, because that's just a word from someone.  The increase in the price of the doge was not triggered by the function of the doge coin itself but was simply a "joke."  Excuse my personal opinion.
newbie
Activity: 97
Merit: 0
February 07, 2021, 07:55:38 AM
To be honest I can't stop thinking, why would anyone be affected by what Elon Musk tweeted, should they know that it will be a momentary pump and will harm some people.
full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
February 07, 2021, 06:33:10 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.


I almost agree with you, many people have the wrong perception with everything, it does not mean that tweet he defends the doge coin hard, he could be joking by writing it because coins are widely known as meme coins
jr. member
Activity: 378
Merit: 3
February 07, 2021, 05:52:01 AM
the reason Elon Musk for the first time i think its just a joke, but later on, because of that "joke" effect the price of DOGE coin keeps increasing,
it even already reached $0.05979 as for now, i think DOGE coin prince will drop again later, but for now its still safe to keep the coin
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
February 07, 2021, 04:58:27 AM
#99
I do think that he is giving doge fans a favor by being vocal about DOGE. He knows that those who invested on it will get the good increase of their investments and many will greatly profit from it. Come think of it, the richest man in the whole world talks about DOGE and the price will always go up. Giving a boost to the cryptocurrency would make the investors and traders a run for their money. Enjoy trading while it lasts, because if he stops talking about it, it will go back to the bottom.
sr. member
Activity: 1288
Merit: 253
February 07, 2021, 04:55:31 AM
#98
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.
most likely he has bought a large number of Doge coins so that he continues to make the price of Dogecoin higher like at this time Dogecoin the price continues to go up and up like the current Fomo which is so incessant for Elon Musk seems to want to make the price of Dogecoin much higher than now just see how Dogecoin is rising so fast.
sr. member
Activity: 1190
Merit: 251
February 07, 2021, 04:53:20 AM
#97
A person like Elon Musk is very enterprising and will not miss the chance to increase their assets a little, why not make it their fame as Elon Musk? I would do exactly the same, I think everyone would like to do it, but this is a subjective point of view, it is not accurate Roll Eyes
An Elon Musk is not only famous in the crypto space, but he is also famous in a series of other businesses in the world, so it is certain that he is a person who has a lot of money and is always looking for profits in making his assets even more increased.
sr. member
Activity: 1162
Merit: 268
50% bonus on your First Topup
February 07, 2021, 04:53:00 AM
#96
He has a new tweet again this recent few hours and I think it has an effect on the current price of dogecoin from 0.04 to 0.05 USD now, I think this is free money even if this is a joke?
hero member
Activity: 2282
Merit: 505
February 07, 2021, 04:48:49 AM
#95
I think it's just for fun. this is not the first time that happens, a few years ago another billionaire, the creator of Minecraft surprised with a "game" with which you could have early access by donating Dogecoins

I just know this now. I thought that this is never happen before but im wrong about that. Elon keeps coming with more and more joke on his tweet about doge.
it doesn't give a lot of impact again to the price of doge.

This trend will have gone soon after people realize if it's only FOMO created to pump doge and no more. Make a tweet about doge is a thing that wanna did by elon lol.
member
Activity: 293
Merit: 12
February 07, 2021, 04:36:41 AM
#94
He shills it because he can  Grin It's another way for him to show how influential he is - he's actually made this joke coin a household name. He's probably really enjoying that ego boost.

I think the richer some people get, the more outrageous (crazy?) they get because they've lost the ability to enjoy the value of simpler pleasures
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