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Author Topic: Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run  (Read 3055 times)

Offline Zardbeig

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Sure, no one will take your mined coins back :) You will even get a reward for each certain mined amount. Not many mining cervices will give you any rewards for that. Everything is made in order to attract more users and miners. And the best point is that Utopia p2p project didn't ask for any investments from the very beginning.

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Offline Marryan

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Sure, no one will take your mined coins back :) You will even get a reward for each certain mined amount. Not many mining cervices will give you any rewards for that. Everything is made in order to attract more users and miners. And the best point is that Utopia p2p project didn't ask for any investments from the very beginning.
Oh yeah. It seems to me that the crypto community still cannot accept unsuccessful investments in chiacoin. Many users have lost large amounts of money and a lot of time.

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But on the other hand, all the equipment they've bought can be used for more profitable mining of another coin. Even Crypton will be mined in better amounts with a better supply. Of course if all the supplies stay safe after chia mining XD

Offline Freemind

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Of course there will be another bull run, many, it all depends on the cycles. In each cycle the total market capitalization is renewed, while some withdraw profits, others invest for the first time to obtain them. Everyone should be clear that Elon does things for his own benefit, Bitcoin does not need Elon, that is something that everyone should know after studying the history of cryptocurrencies a bit.
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Offline Marryan

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But on the other hand, all the equipment they've bought can be used for more profitable mining of another coin. Even Crypton will be mined in better amounts with a better supply. Of course if all the supplies stay safe after chia mining XD
Yes, they just need to look the other way=)) But unfortunately, most users want to invest in a project that will instantly give them a huge profit. However, this is not always true.

Offline Freemind

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Yes, they just need to look the other way=)) But unfortunately, most users want to invest in a project that will instantly give them a huge profit. However, this is not always true.

Those users need to know that organic growth can earn them much more money with less risk, but for that they need patience and education in cryptocurrencies, and very few want to educate themselves and learn. And that is something that many of the users who bought Doge in their ATH are suffering, due to ignorance and looking for quick and easy money.
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Offline Freemind

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Those users need to know that organic growth can earn them much more money with less risk, but for that they need patience and education in cryptocurrencies, and very few want to educate themselves and learn. And that is something that many of the users who bought Doge in their ATH are suffering, due to ignorance and looking for quick and easy money.
Fully agree. As I can see, you're an expert in cryptocurrencies. So it's interesting to know your meaning about a new UUSD stablecoin from Utopia p2p. It's 1:1 with US dollar and is backed by DAI cryptocurrency. Isn't it something that is really needed?

Simply saying that I am an expert will not affect my memory that a few minutes ago I politely asked you in PM to stop spamming. Instead of a friendly forum you think we're idiots... This post is reported so that some mod can remove it and verify your post history.
« Last Edit: August 20, 2021, 12:06:51 PM by Freemind »
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Offline oZeus121

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very soon Musk's tweets won't ever have any weight

Offline Freemind

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very soon Musk's tweets won't ever have any weight

I don't think that will ever happen. Unfortunately, people need someone to follow to try to be "like that person" and fulfill their dreams, they can be singers, politicians, actors or rich people as in this case. It is sad to see how so many people are unable to think for themselves, putting their frustrations and dreams in the hands of other people. That is why Musk's words will always carry weight, there will always be someone who will pay attention to those words.
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Offline Marryan

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We can talk not only about Musk. I think that in the case of most opinion leaders, such an algorithm will be relevant. Until the community learns to think critically and has its own point of view, it will be too easy to manipulate. It doesn't matter consciously or not.

Offline Freemind

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We can talk not only about Musk. I think that in the case of most opinion leaders, such an algorithm will be relevant. Until the community learns to think critically and has its own point of view, it will be too easy to manipulate. It doesn't matter consciously or not.

It is precisely the people who follow Elon Musk who I do not think are part of the community, I think rather that they may be "new investors", to call them in some way. If everyone (or almost everyone) were part of the community, Elon's words would be irrelevant or have minimal impact on the way people act and the market behaves. The problem is the same as always, people who believe that investing $10 in Doge today will make them millionaires like Elon tomorrow. But that does not happen only with Doge, it happens with many more projects, and that tells us that it is a problem of education about cryptocurrencies.
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Offline Zardbeig

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Simply saying that I am an expert will not affect my memory that a few minutes ago I politely asked you in PM to stop spamming. Instead of a friendly forum you think we're idiots... This post is reported so that some mod can remove it and verify your post history.

Where is spam in my words? Am I not able to ask people for their opinion on some coins? If I'm not an expert in crypto, I look for help on such forums, etc. I think that I have a right for that. Thanks.

Offline Freemind

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Simply saying that I am an expert will not affect my memory that a few minutes ago I politely asked you in PM to stop spamming. Instead of a friendly forum you think we're idiots... This post is reported so that some mod can remove it and verify your post history.

Where is spam in my words? Am I not able to ask people for their opinion on some coins? If I'm not an expert in crypto, I look for help on such forums, etc. I think that I have a right for that. Thanks.

Of course, you can ask for the opinion of others, but don't talk in every thread about UUSD, that's spam. If you really wanted to know the opinion of users about UUSD, the first thing you would have done is open a thread explaining the characteristics of the project. That is the best way to make a project known to people.
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Offline Marryan

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Yes, you're right. In addition, there are a huge number of crypto-hunters who fanatically follow any opportunity to get some profit quickly and with minimal costs. I think that it was because of them that the same scandal was inflated, as for example with ciabatta.

Offline amzexpert

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Dear is there any logic between the Elon Musk tweet and the bitcoin or dogecoin price? I think there may be half chances because when people see the tweet they think that the price of bitcoin or dogecoin will increase because Elonmusk has tweeted and people will invest in these coins.

 

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