Why Elon Musk shill for DOGE - page 4.

plr

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Quote from: Little Mouse on February 04, 2021, 06:25:56 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.

Being the richest man and owns one of the top corporations in the world, he has done an extensive study on what coins to shill and he finds DogeCoin as an underrated coin, so he shills it and promote it and so look at DogeCoin right now, those bag holders made a lot of profit from this shill, I wonder what will be the next coin that he is going to shill.

DoublerHunter

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Quote from: Rohtox on February 07, 2021, 03:24:21 AM

Maybe, because of a meme? I know that Elon Musk is always joking with his followers, he always makes any tweets to enliven his account. Not only DOGE, Elon Musk also always makes tweets about anime.

^ Probably that was, and he always seeking attention to his followers to gain massive fans. We know that he is a riches man and probably we own DOGEcoin in the first place and that is the reason why he wants to pump this coin. He is a businessman after he shills the doge memes doge was pump up too much and later on it drops the price the reason could be, he already gained profit on dogecoin. Nevertheless, all of this is my personal opinion.

poodle63

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Quote from: GbitG on February 05, 2021, 10:16:18 AM

This is really strong point but sadly peoples not understanding this all most chances his twitter representative enjoying good benefit from this all or may be he buy some very healthy amount of this coin and now trying to sell on very high price for very good and healthy profit.

That might be the case but it's hard to believe his twitter representative have that much of control? I mean when the tweet itself is controversial Elon should atleast oversee his own twitter activities.
The only believable theory for me is that he's just doing this out of boredom and turns out people taking it seriously and then he kinda wants to take advantage of his influence. not to mention the twitter account called wsb chairman keep tweeting about it nonstop.

Evgenklm

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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

huu78

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Quote from: Jawhead999 on February 04, 2021, 06:35:14 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.

I think it's not just based on memes but fast delivery and low fees are other reasons.
although we don't know the exact reason and sometimes he also talks about bitcoin and other cryptocurrencies on twitter like ETH.
so I guess he supports crypto even if it's just a tweet for now.

dogemoon

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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 was going to just release it to the people in the chat, but by the time the game was done, the stream had stopped," Notch said, "so I made a joke about 'early access' and accepted payments through Dogecoin, a crypto currency that has a definite joking edge to it. All the things referenced are things I love, and things that take things a little less than serious."

https://www.theguardian.com/technology/2014/jun/09/minecraft-creator-dogecoin-new-game-cliffhorse

still available Grin

http://cliffhorse.com/

mindrust

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Quote from: Jawhead999 on February 04, 2021, 06:35:14 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.

Pretty much this. Even more so, he probably sees bitcoin same as doge. I don't think he really believes in the tech etc. He is just fucking around with everything and everybody. He is the final form of a technocrat. Even Jack isn't that much out of whack.

Rohtox

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Maybe, because of a meme? I know that Elon Musk is always joking with his followers, he always makes any tweets to enliven his account. Not only DOGE, Elon Musk also always makes tweets about anime.

marcbitcoins

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Quote from: dogemoon on February 06, 2021, 07:22:56 PM

at one point Jackson and Elon had a meeting, by then Jackson had already left Dogecoin

https://www.coininsider.com/elon-musk-jackson-palmer/

But I think the key was the cool idea of doing a poll to elect the CEO of Dogecoin.

"We have listened to your concerns. We have decided that Dogecoin does need a CEO. Someone who can lead us into the future while maintaining the core values of what we are."

In early 2019, Elon Musk called himself doge-coin CEO in his Twitter account so I think this will explain a lot that probably Elon Musk is already a Dogecoins holder and not just because Dogecoin was his favorite cryptocurrency or more that he was joking about it.

MrJesusChrist

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Elon is a weirdo. Almost inclined to say he’s a narcissist and just enjoys seeing the power he has from just tweeting bullshit.

Regardless tho, I’d like to take a moment and F U to cryptsy. I didn’t care about my ~1 million doge being lost in the exit scam at the time... But now I’m here wishing I had those coins back hah

dogemoon

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at one point Jackson and Elon had a meeting, by then Jackson had already left Dogecoin

https://www.coininsider.com/elon-musk-jackson-palmer/

But I think the key was the cool idea of doing a poll to elect the CEO of Dogecoin.

"We have listened to your concerns. We have decided that Dogecoin does need a CEO. Someone who can lead us into the future while maintaining the core values of what we are."

“Dogecoin might be my fav cryptocurrency. It’s pretty cool,” said Musk — after winning a joke poll to be the CEO of Dogecoin. He beat the likes of Ethereum (ETH) founder Vitalik Buterin and Litecoin (LTC) creator Charles Lee.

https://www.coindesk.com/elon-musk-calls-dogecoin-my-fav-cryptocurrency

ivankoh

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Quote from: Jawhead999 on February 04, 2021, 06:35:14 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.

Yes, maybe. Elon Musk has a good relationship with Doge, in a vote "they expect Elon to be the next CEO of Doge". After this, Elon Musk became more active with Doge and with a humorous picture he always surprised Doge's worth. Behind that, there are many conspiracy theories but surely Doge has created a huge trend this year. Quick to speculate and grasp.

lalabotax

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Quote from: Jawhead999 on February 04, 2021, 06:35:14 AM

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

If he just plays some fun by tweeting about Doge, does he has no goals? I mean he is a busy man and one of the most popular men in the world, he shouldn't do something repeatedly for a joke only. How if he really has a goal to treat something for Doge or for testing something for the crypto market? Who knows, bro?

lozovenkop

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I think Ilon Musk really likes this coin and maybe he really wants to find applications for his future developments, or maybe he just trolls everyone...

Lordhermes

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Quote from: ?? on ??

The guy is probably just trolling. He enjoys weird things make weird jokes and so on. But despite that tho, I am still one of his biggest fans. Because behind those weird jokes and personality he shows, is an amazingly brilliant and innovative mind. But yeah, back to topic, it may only be just tweeting for fun and others took it seriously which is why the price of dogecoin increased that much.

I don't think this is a joke things, he might have been paid to do this, I know he is filthy rich but this act is something outrageous, I can possibly say that the first one he did on bitcoin could let him know he is already a crypto influencer and celebrity which his reaction to anything related to cryptocurrency will affect the market one way or the other, that reputation alone should let him behave mature and stop manipulating the market.

Additionally, if he keeps on repeating this act, he might be a tool where whales pay to manipulate market for their own favour by simply buying low and contact him to pump by signifying some little interest, who knows..

btcltcdigger

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To boldly go where no rabbit has gone before...

I see it as a small child with a magnifying glass on an ant hill.
Just frying us ant and laughing about it

hulla

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Quote from: hulla on February 04, 2021, 06:21:27 PM

I believe after Billy Markus left the Doge project 7years ago due to harassment from the communities and sold all his holding in the year 2015 (footing what he said) Jackson Palmer can not handle the job alone, he seeks some help from Elon Musk which he later acquires the project and before the rightful CEO of Dogecoin all he can do is to shill for the coin.

Is this to say that Elon Musk buys Doge and can become Elon Musk's Dogecoin entirely?

I don't know if Elon Musk acquired the entire Dogecoin since Jackson Palmer is working with the project but he (Elon) publicly said hes the coin new CEO then.

Quote from: ?? on ??

if what I say is true then this could be something very interesting and of course it will give new life to Dogecoin price movements, because Elon Musk has many companies meaning he can make Dogecoin as another alternative for transactions which will increase the use of Dogecoin.

You are right but the Dogecoin concept won't make the coin to have increase use and if they integrate more features to the coin it will increase the coin use case.
Alot of people don't know that Elon shill the coin because he is the coin CEO.

DU18

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Quote from: ?? on ??

Quote from: Jawhead999 on February 04, 2021, 06:35:14 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.

I don't believe Elon Musk tweeted just for fun. I think he trolled to influence DOGE's price, and maybe he did it to benefit himself or someone else.

I think Elon Musk is one of the richest people who does have a big influence on Dogecoin so from some of his tweets he only focuses on Dogecoin and BTC, if he is a businessman who likes crypto, of course he will tweet mentioning a few different ones. altcoin but actually he only focuses on doge, could it be that elon musk is a team member of Dogecoin? or is he a trader who actually holds a large amount of Doge coin and uses the popularity of his tweets to trigger an increase in the price of Dogecoin in the market?

Golftech

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Quote from: ?? on ??

Quote from: Jawhead999 on February 04, 2021, 06:35:14 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.

I don't believe Elon Musk tweeted just for fun. I think he trolled to influence DOGE's price, and maybe he did it to benefit himself or someone else.

He's doing things to favor him for sure, Doge pump high after him doing the hype, expect to see more to whatever
crypto project that he'll involve himself, he have a huge numbers of followers who are trying to chase his investment
so even he's just trolling or he's doing anything under our radar there's still influenced that will affect the market the
same thing that happened lately with Doge.

skarais

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I think Elon Musk has personal reasons why he chose to tweet DOGE on several occasions. I'm not sure it's just a joke and just having fun. If it was just a joke and having fun, then there are already lot of altcoin he tweeted. Regardless of whether he is paid or not, shill or not then his tweet have made many investor and trader big profit from DOGE. But this is only temporary and everyone should be careful because the potential for hype-induced crash far outweigh the accomplishment the team developed for the project.

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