Elon Musk + DOGE: Is manipulation acceptable?

[ashraf786100]

If one-day cryptocurrency succeeds in getting the most out of a bar company, We have no choice but to integrate into this model, but I don't think he will be the sole holder of most of the coins.

[TomPluz]

I am sure that Elon Musk is a big fan of Dogecoin and for what reasons only he can fully explain. Dogecoin has no technological advancements behind it, and it is just an ordinary coin and in fact the main developer of the coin left years ago leaving his invention to others to tweak. But that is what the market can do, anything can be valuable once a critical number of people are seeing it as a valuable and then everything will have a life of its own. However, we can not hold Elon Musk accountable since there is no current law that prohibits anyone from doing what he did, and in fact many Dogecoin holders and enthusiasts are looking up to him for his big contribution to the current rise of many coins. Maybe for as long as he will not manipulate things the other way around -- meaning with the intention to dump a coin, I will not have any problem with him. In fact, am expected that soon a coin project can be coming from him or his group soon.

[damsix]

In cryptocurrency it is all full of manipulation, this DOGE is a coin that has so much supply and until this moment Elon Musk often changes the style of DOGE with a very extream change.
Starting from ELon Musk making a joke "$ DOGE" then the price of DOGE in the market will rise so fast, after the price goes down then he wrote the tease again "DOEG to the Moon", then DOGE will rise again the price until it becomes All Time High.

[Jaephoenix]

In the cryptocurrency sphere, price manipulation is inevitable and inescapable. Maybe Elon Musk wants a huge slice of the dogecoin pie, but those top wallets have gotten there before him, and I think it would be a very astronomic turn of events for them to dump their bags like Ripple founder Jed

[debra]

Now, people don't really care about manipulation anymore. People already think that pump-dump is not something scary but it is the chance to gain profits by following others. The most important to do is to know well about the scheme of pump-dump the coins. We can join it if we know it well. 

[flyaccount]

I think Elon Musk's move to invest heavily in crypto is a very bold decision. I am very interested in Elon Musk's move and am actually curious about what is behind this.

[Alcor]

Elon Musk has done some good things to decentralize the Doge coin. Initially, with his public statements on social media, he sharply raised the price of Doge, and now he urges the large holders of this coin to sell them at this high price, given that the 20 largest holders of this coin own half of all Doge coins issued. I do not see anything wrong with these manipulations, since they are in favor of decentralizing the cryptocurrency. In fact, any of our actions in the cryptocurrency market is an attempt to manipulate it. Therefore, we can say that everyone is manipulating this market. However, famous and wealthy people do it best of all.

[innerpumper]

it is the law of trading cryptocurrency bro. All altcoins must have been manipulated. Only we have to properly safeguard our assets. This is the importance of the mindset of investing in cryptocurrency trading. When we invest and then see the coin in one to three years it will be as rapidly rising as it was when the doge was fully supported by elon musk.

[Hope4life]

The cause of the increase price in doge happened because of well-known people like Elon Musk and people starting to panic to buy. I think this is what happens when rich and famous people make tweets even if he thinks this is just a joke. Again, if you can't follow the game, don't buy the coins easily.

[Freemind]

@Hope4life it wasn't kidding, Elon knew exactly what he was doing. I take it as a personal opinion or comment from Elon, but he knows what he is doing and he also knows that people will follow his actions waiting for a big pump. I have read comments on various sites where it is said that he does it because he wants to buy and control the entire Doge supply, I do not know if it is true or not, but if it is true Elon will already realize that there are many whales that they will not want to sell.

[Gubre]

Doge is so much risky because of its high volume and even Elon Musk promoted doge causing the coin to pump is still couldn't stop how high the risk to get into because the price had pump only because of the famous person and not by its purpose.

[hadi97bd]

In 2021 crypto market is on fire and i think in 2021 crypto market is manipulating more than 2017 because now a large scale of institutions are involved in this market and they have lots of volume so when they will start to sell out then market capture will be fall down rapidly. So,  we should follow the crypto market carefully and must use stop loss for reducing huge losses.

[MrSpasybo]

@Hope4life it wasn't kidding, Elon knew exactly what he was doing. I take it as a personal opinion or comment from Elon, but he knows what he is doing and he also knows that people will follow his actions waiting for a big pump. I have read comments on various sites where it is said that he does it because he wants to buy and control the entire Doge supply, I do not know if it is true or not, but if it is true Elon will already realize that there are many whales that they will not want to sell.

Elon Musk understands the value of his tweets, and he does so on purpose. Choosing DOGE to advertise for crypto is a very smart choice because if he chooses BTC, many people will ask why he did not choose ETH, if he chose ETH, others will ask why it is not LTC. DOGE is a meme token, every statement he makes is a "joke".
However, when he asked the DOGE whales to sell DOGE, it was a manipulative impact even though it seemed good for the DOGE community. I don't think DOGE whales will be interested in Elon's opinion, but I'm surprised that the crypto community supports Elon. I feel like people allow manipulation to be publicly available @@

[Freemind]

@MrSpasybo the crypto community supports Elon Musk for reasons we already know, he is not the typical millionaire, he talks about everything and can give the feeling of being close to people. I remind you that the same crypto community also supported McAfee (that guy was a walking joke). Elon knows how to take advantage of everything, but this time he has come across a wall called Doge's whales, and although it now seems that he is calmer on Twitter and has removed the Bitcoin symbol, I am sure he will do something similar again.

[pacar_tiri]

Doge is so much risky because of its high volume and even Elon Musk promoted doge causing the coin to pump is still couldn't stop how high the risk to get into because the price had pump only because of the famous person and not by its purpose.

Yes, I  don't think yo buy doge. Because I think It's just FOMO. I see doge is struggling now. Maybe Elon musk just pumped this coin and we all know doge is more risky. So, I think we should buy other coin at top 10 coin.