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Topic: Why Elon Musk shill for DOGE - page 5. (Read 1353 times)

full member
Activity: 1582
Merit: 101
February 06, 2021, 10:55:39 AM
#73
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.

Actually Elon Musk is fully a business man. I think here also made twitter about DOGE coin just for business purpus also. When he saw that market has expand in nCOVID season, think that this is high time to make a business in crytpocurrency. So that he first buy coins in low prices then tweet as he knows that if he make tweet there would be influence in market. Ultimately that does also in market. I think nothing else about this tweet.
member
Activity: 672
Merit: 10
February 06, 2021, 10:50:45 AM
#72
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.
but if you look at what is happening now it is like that. only a post on social media can make a doge's price go up so high. Although it is not just a game I do not think there is a clear continuation of Dogecoin's partnership with the company owned by Elon. Until recently if the community thought what Elon was doing was a joke for fun I think that's perfectly natural.
hero member
Activity: 1316
Merit: 502
February 06, 2021, 10:31:34 AM
#71
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.

I agree with you, because I also believe if Elon Musk is just joking and using DOGE as a joke, because as we know if DOGE coin is made to joke, that's why Elon Musk made a tweet about DOGE, but with a tweet from Elon Musk then the price of DOGE increase very high, so I hope that someday Elon Musk also tweet about altcoin that I HOLD ($ARPA) to be made a joke, so the price of altcoin that I HOLD ($ARPA) will increase very high too Grin.
I don't think Elon Musk only considers Doge a joke, at least I still believe he has more than a few reasons to post his social media status, maybe he is a holder of a large number of dogecoin or maybe he has received an ad from a whale group, and by using a social media account with a large following, Elon Musk easily pushed the price of Dogecoin up in just a short time, rich people can always make money very easily with the platforms they currently have. Today he can talk about Dogecoin, tomorrow he can talk about other altcoins, perhaps following the trends of the rich can make us more profitable
TWW
full member
Activity: 1456
Merit: 109
February 06, 2021, 10:30:47 AM
#70
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.

I agree with you, because I also believe if Elon Musk is just joking and using DOGE as a joke, because as we know if DOGE coin is made to joke, that's why Elon Musk made a tweet about DOGE, but with a tweet from Elon Musk then the price of DOGE increase very high, so I hope that someday Elon Musk also tweet about altcoin that I HOLD ($ARPA) to be made a joke, so the price of altcoin that I HOLD ($ARPA) will increase very high too Grin.
Is Dogecoin a joke?
Are the coins you own also a joke?
we have already seen how Dogecoin has experienced such a pump. but I think there is a positive view from me that Dogecoin has a very large community that allows a pump to happen when there is news from a world-famous figure. even though it's just a joke. jokes made over and over could get people interested or just find out about Dogecoin. Elon has shown us how Dogecoin actually has a very large community. which was used only to move money from one exchange to another. I think now those who hold Dogecoin are starting to consider it even if it's just a joke asset.
hero member
Activity: 1372
Merit: 564
February 06, 2021, 10:04:14 AM
#69
Is the reason really matters?

Elon Musk can shill whatever coin he wants. From what I'm thinking, he is too busy with his life that even putting a few seconds to Twitter is difficult so maybe, his Twitter representative plays a role too on that tweet (lol).

Funny aside, just let him shill whatever and whenever he wants. There are lots of traders that are taking advantage of the post-effects of those tweets.

Of course he can, we also have our own rights and choices which cryptocurrency we would like to shill of but the only different was Elon Musk was a popular person, now known as the world's richest man compare to us, which what we are shilling was based on our testimony, our experiences. Maybe some were speculating that Elon Musk are just having fun by shilling DOGE or having fun by using a #DOGE on his tweets but to be honest, this was a big impact to the DOGE market.
full member
Activity: 1470
Merit: 105
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February 06, 2021, 09:14:36 AM
#68
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.

I agree with you, because I also believe if Elon Musk is just joking and using DOGE as a joke, because as we know if DOGE coin is made to joke, that's why Elon Musk made a tweet about DOGE, but with a tweet from Elon Musk then the price of DOGE increase very high, so I hope that someday Elon Musk also tweet about altcoin that I HOLD ($ARPA) to be made a joke, so the price of altcoin that I HOLD ($ARPA) will increase very high too Grin.
full member
Activity: 941
Merit: 100
February 06, 2021, 09:13:32 AM
#67
Doge has community potential to build fast pumps or pumps that last. And strong market support makes Dogecoin very easy to grow. a little sentiment from a popular figure can make Dogecoin experience growth. what I can hardly believe is the amount of increase Dogecoin has managed to achieve. however, the Elon figure is really popular.
member
Activity: 63
Merit: 11
February 06, 2021, 09:10:35 AM
#66
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.

Why Elon shills for Doge? because such retail power, much wow! Dogecoin is one of the most powerful coins, people who think it's JUST a joke don't quite get it yet. It's all about the marketing power and Doge has it for sure - very strongly!
sr. member
Activity: 854
Merit: 364
I ❤️Bitcoin
February 05, 2021, 10:16:18 AM
#65
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.

Is the reason really matters?

Elon Musk can shill whatever coin he wants. From what I'm thinking, he is too busy with his life that even putting a few seconds to Twitter is difficult so maybe, his Twitter representative plays a role too on that tweet (lol).

Funny aside, just let him shill whatever and whenever he wants. There are lots of traders that are taking advantage of the post-effects of those tweets.
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.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
February 05, 2021, 10:06:11 AM
#64
That surprised me alittle a bit. I actually suspected something I'm not really sure about.
   Had to go through information about the coin to see if there is something new it implemented or something about it that changed for the better, i didn't see much.. I expect people like him to make informed decisions...maybe there is something he knows others don't?
Wonder if that is in anyway tied to Bitcoin. I have thought about people somehow getting paid in dogecoin for holding Bitcoin long term or something.
member
Activity: 1764
Merit: 10
February 05, 2021, 09:50:07 AM
#63
Nobody dont know why Elon Musk started writing about DOGE so suddenly, and it doesn't matter why he does it, because the most important thing is after he starts writing something about DOGE, so immediately the price of DOGE starts to grow very much and this is great, because you can get a good profit on this, and the most interesting thing I don't remember was when there were already such big DOGE pumps, but after the messages from Elon Musk these pumps started immediately and the price of DOGE grew very powerfully.
full member
Activity: 406
Merit: 103
February 05, 2021, 09:03:22 AM
#62
everyone doesn't know the exact reason Elon Musk did it, Dogecoin is an obscure cryptocurrency, no development like other coins like ethereum, BNB, DOT .etc
maybe elon musk just likes dogecoin, so he promote it
full member
Activity: 756
Merit: 100
February 05, 2021, 05:35:56 AM
#61
The situation with Doge is very interesting, it appeared on its own does not lose popularity only thanks to PR. It is unlikely that Elon Musk advertises the token for fun. It seems to me that he himself invested in the coin and uses his status to raise the price.
full member
Activity: 674
Merit: 100
February 04, 2021, 07:25:38 PM
#60
I think elon musk is trying to attract investors especially newbie riders by create a hype post then once they were attracted and start doing FOMO the whales like him will start selling crypto such as dogecoin.
legendary
Activity: 2436
Merit: 1008
February 04, 2021, 06:51:51 PM
#59
It's his profile so he can shill whatever he wants.

Maybe he doesn't own DOGE but just playing with the trend of seeing how can he create hype at any coin and lure people into it.

Effective isn't it and lots of people ride the trend he creates. He is a truly real-deal when creating hype and I think he can raise a dead or shitcoin out of nowhere.
legendary
Activity: 2576
Merit: 1655
February 04, 2021, 06:26:48 PM
#58
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.

Hard to say what's Elon Musk's intention as of late specially a coin like DOGE, perhaps he was a member of WSB? Or just trolling crypto market? or he owns a lot of DOGE? or he is trying to flex his muscle and prove a point? One things for sure, this market is very volatile and the price can really jump by just a mere tweet of a very influential person such as Elon Musk.
 
hero member
Activity: 1834
Merit: 566
February 04, 2021, 06:21:27 PM
#57
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.


member
Activity: 866
Merit: 10
February 04, 2021, 05:00:37 PM
#56
while it seems he is having fun, people are taking it serious and investing hugely on it. I saw a tweet today of someone who claimed he got rekt because of buying doge which dumped on futures trading. these kind of things are bound to happen, you should be the one responsible for your funds and not some fun tweets from an influencer.
hero member
Activity: 2716
Merit: 552
February 04, 2021, 04:53:22 PM
#55
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.

maybe he bought doge with all his 0.25BTC mate, and he want to create a hype on doge
so, doge price will grow and touch about $0.1 then he will sell his doge

Or maybe not? Elon Musk was also known for his love for memes. So, it's either he's just trolling, or he's testing his influential capabilities, or does have doge coin and trying to put a hype on it, and dump. But all that doesn't really matter because he can actually put a hype in every investment or cryptocurrency he wants to at this current rate.
There's a lot you can do when you're the richest man in the world lol.
legendary
Activity: 2940
Merit: 1083
February 04, 2021, 04:44:27 PM
#54
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.

Is the reason really matters?

Elon Musk can shill whatever coin he wants. From what I'm thinking, he is too busy with his life that even putting a few seconds to Twitter is difficult so maybe, his Twitter representative plays a role too on that tweet (lol).

Funny aside, just let him shill whatever and whenever he wants. There are lots of traders that are taking advantage of the post-effects of those tweets.
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