Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Jaephoenix on February 26, 2021, 07:12:46 AM
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
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It seems like this is true, because, no need to manipulate cryptocurrencies, so Elon Musk will now pay a fine, of course, it is not yet completely clear what kind of fine Elon Musk will have to pay, but for him it is certainly not a problem, but next time Elon Musk may get off with worse problems.
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I don't think Elon Musk cares about fines, the problem with all of this is that his intentions have been clear from the start. He has not known, or has not wanted to talk in another way to get what he wants, and that does not cause him problems at the moment, but if he does it again, he may have them in the future.
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Yeah. It is true. Actually, I like it. He manipulates the price of Dogecoin although I do not think that he holds Dogecoin. He does this for Fun. Fucking billionaires. He should stop manipulating the market.
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Perhaps these are just rumors and nothing else, I am not inclined to believe this kind of information without reference to SEC sources. Maybe someone wants to buy more and cheaper Doge coins.
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Because this is a rumor we should not believe on it immediately. It is possible that SEC is just sending a warning to Elon Musk to stop what he is doing because he is quite a big influence on the cryptocurrency industry. I prefer that Elon Musk concentrate on spewing out facts rather than showbiz type of information. Instead of releasing personal tweets on any crypto, he can instead concentrate on educating people on cryptocurrency.
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Perhaps these are just rumors and nothing else, I am not inclined to believe this kind of information without reference to SEC sources. Maybe someone wants to buy more and cheaper Doge coins.
it could be that what you are saying is the right thing, because we know that @elomusk once tweeted about buying as many coins doge as possible if the whale wanted to let go. of course this could be a trading trick that will make prices go down and large purchases will be made.
but it seems that the request supported by supporters from @elonmusk was not fulfilled. that's why the price of the doge cannot move up until now, is there anything you want to look for, we will listen to it some time later.
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
Any person in the media or social networks has the right to express their attitude to any events and processes that occur in the world. Including your opinion about any cryptocurrency. This is called freedom of speech. Elon Musk is not to blame for the fact that other people listen to his every word so much and react so much.
Therefore, Elon Musk's statements about Dogecoin or Bitcoin do not have any violations that could interest the SEC. In my opinion, these are only rumors and assumptions.
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Because this is a rumor we should not believe on it immediately. It is possible that SEC is just sending a warning to Elon Musk to stop what he is doing because he is quite a big influence on the cryptocurrency industry. I prefer that Elon Musk concentrate on spewing out facts rather than showbiz type of information. Instead of releasing personal tweets on any crypto, he can instead concentrate on educating people on cryptocurrency.
The SEC lawsuit is still only in the rumor and Elon Musk's response to that rumor. I believe that even if Elon Musk is fined for his tweets, he will be delighted to promote DOGE & crypto to the world, and this event could push DOGE prices higher.
I also want ElonMusk to approach crypto in a way that is better than how he is manipulating the market by tweeting.
To be honest, a lot of people have lost money investing in DOGE at ATH.
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All this hype around Elon Musk with his possible involvement in manipulating the Dogecoin rate will be used by Mr. Musk himself to gain additional attention to his person in the crypto space in particular and in the global space in general. I hope that SEC will find something on this citizen))
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I think these are just rumors. Since Elon Musk is a very famous person who has provided the world with a lot, and it will be difficult for them to do something against him.
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Perhaps these are just rumors and nothing else, I am not inclined to believe this kind of information without reference to SEC sources. Maybe someone wants to buy more and cheaper Doge coins.
it could be that what you are saying is the right thing, because we know that @elomusk once tweeted about buying as many coins doge as possible if the whale wanted to let go. of course this could be a trading trick that will make prices go down and large purchases will be made.
but it seems that the request supported by supporters from @elonmusk was not fulfilled. that's why the price of the doge cannot move up until now, is there anything you want to look for, we will listen to it some time later.
That is the exact point SEC is rumored to have be investigating him for. Making 'incendiary' tweets is tantamount to price manipulation. And remember there were rumors he intentionally pumped Doge so people dump bitcoin, and he was buying up bitcoin as the price was dumping. That was how he got his 1.5 billion worth of bitcoin for Tesla. Remember this is all rumors and speculations
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Hopefully this is just a rumor as I don't know for sure about this information yet.
Since Tesla accepted Bitcoin payments and @Elon tweeted, some financial experts have criticized Bitcoin's value, but when that criticism came, the Bitcoin price had risen in recent days, then after that the crypto market experienced a slight correction to date.
I see @Elon musk as a crypto enthusiast and investor who can influence the market price, if the rumors are real then this is just a business issue because more and more people use crypto, the value of fiat currency decreases.
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Elon Musk launched a rocket .. It was an event of national importance. Would the SEC really can judge such person ? Yes, the SEC can shake a finger from afar - but no more.
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What the hell is that. Why everything is investigated by SEC?
Elon musk just retweeted and many people are encouraged to believe that. It seems not fir for him, or just because he is a very rich man and many competitors of him?
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I'm not sure about this rumor, I don't think there is any problem with Elon Musk and no manipulation of Dogecoin. Even if this is true, I am worried that it will affect the price of the Doge where the price of the Doge has gone up and it will fall again.
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What is this? Will SEC become an enemy of crypto world. I doubt that what SEC do will bring negative impacts to crypto world. After investigating Ripple, now they will continue to investigate ELo musk. Then, what else that SEC will investigate more, people will feel afraid of crypto investment.
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
Any person in the media or social networks has the right to express their attitude to any events and processes that occur in the world. Including your opinion about any cryptocurrency. This is called freedom of speech. Elon Musk is not to blame for the fact that other people listen to his every word so much and react so much.
Therefore, Elon Musk's statements about Dogecoin or Bitcoin do not have any violations that could interest the SEC. In my opinion, these are only rumors and assumptions.
I understand your point perfectly, but SEC doesnt see it that way. Remember McAfee, the former antivirus turned crypto stalwart? He got into a mess with the authorities for something similar to this: promoting some ICOs. So one should be careful about utterances especially if you get a certain stage in lfe
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
Any person in the media or social networks has the right to express their attitude to any events and processes that occur in the world. Including your opinion about any cryptocurrency. This is called freedom of speech. Elon Musk is not to blame for the fact that other people listen to his every word so much and react so much.
Therefore, Elon Musk's statements about Dogecoin or Bitcoin do not have any violations that could interest the SEC. In my opinion, these are only rumors and assumptions.
I understand your point perfectly, but SEC doesnt see it that way. Remember McAfee, the former antivirus turned crypto stalwart? He got into a mess with the authorities for something similar to this: promoting some ICOs. So one should be careful about utterances especially if you get a certain stage in lfe
This already looks more like a dictatorship of statements. But seriously, really, Musk could make good money on his statements, or rather, price manipulation.
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
For their attitude to cryptocurrency, no one has the right to bring anyone to any responsibility. Elon Musk's statements about Doge or Bitcoin do not have any violations, and even more so the SEC does not deal with violations of individual citizens as individuals. Therefore, these are all unfounded rumors. No one has yet canceled the freedom of speech in the United States.
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The SEC is investigating elon musk but it's not just the board of directors of u s agencies that do the controlling work like the german supervisory boards his abilities go further for example, he has more say in the strategy of the organization. Tesla's board of directors was still firmly behind kasturi and the billionaire known for his daring projects had virtually complete control over the company.
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
Any person in the media or social networks has the right to express their attitude to any events and processes that occur in the world. Including your opinion about any cryptocurrency. This is called freedom of speech. Elon Musk is not to blame for the fact that other people listen to his every word so much and react so much.
Therefore, Elon Musk's statements about Dogecoin or Bitcoin do not have any violations that could interest the SEC. In my opinion, these are only rumors and assumptions.
I understand your point perfectly, but SEC doesnt see it that way. Remember McAfee, the former antivirus turned crypto stalwart? He got into a mess with the authorities for something similar to this: promoting some ICOs. So one should be careful about utterances especially if you get a certain stage in lfe
This already looks more like a dictatorship of statements. But seriously, really, Musk could make good money on his statements, or rather, price manipulation.
In order for Elon Musk to be held accountable for statements regarding cryptocurrency on social networks, it is necessary to convey that he did it out of selfish interest and in the interests of others. Will the richest man on this planet still earn extra money for nothing? Do not make me laugh.
Someone has nothing to do and starts various fictional rumors.
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I think SEC should fine him. Because he manipulated the Crypto market multiple times specifically the Dogecoin price. This types of manipulation is not right and he shpuld be punished for it. This will teach the market manipulators a lesson.
But i dont think SEC is going to take any very big step against him.
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@robert20 the SEC should fine Elon Musk, I agree, but I don't think it matters much to him. What they should do is take other types of measures so things like this don't happen again, because every time a millionaire opens his mouth or writes a tweet, the crypto community is marked as manipulation.
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So i heard this morning on Twitter. It may not be true as it's all just a rumour but the truth is that in crypto space anything is possible and the SEC can lay a viable case on that matter. Everyone knows that Doge is a meme coin of the cryptospace i don't think its a shitcoin that should attract the SEC's attention, most especially because of Elons tweet.
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
They are just wasting their time in my honest opinion, what exactly are they going to charge him with? we all know that Elon musk is not the owner or founder of dogecoin, neither is he even a member of the board that runs dogecoin, Elon musk is just a regular investor like everyone else, the only thing that sets him apart is because hes influential, an investor is free to talk about the company he or she has invested in to the general public if he so deemed it fit, its not a crime , why are they now investigating elon musk ? he is not the owner or founder of dogecoin.
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I'm not sure if the SEC is investigating Elon Musk. If Elon Kasturi is found guilty in the SEC's investigation, he could face fines, which is not a problem for him, but his business reputation will be tarnished. I think in this case the biggest impact will be on the price of dozecoin; Which will have a negative impact on the crypto world.
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Yeah v've read this news on one of the articles. i was actually happy when elon musk manipulated the doge market a while ago, but if things like this continue is not good for market growth either. Elon Musk is a billionaire so I'm sure he doesn't care what fines he gets.
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Yeah v've read this news on one of the articles. i was actually happy when elon musk manipulated the doge market a while ago, but if things like this continue is not good for market growth either. Elon Musk is a billionaire so I'm sure he doesn't care what fines he gets.
Perhaps the situation with the Ilon mask will be resolved very quickly and without any problems. it is unlikely that the American government wants to harm this man, who practically works for the good of his country. Of course, it's too bad that as a result of this news, Tesla shares fell by almost 30%.
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I witnessed this historic event, many traders won and many lost, this is normal, this is a cryptocurrency!!! If you answer the question about Elon Musk, my opinion on this issue is as follows! If he gets a fine, it's nothing for Musk, he will pay and will not spoil his reputation because of some tweet, by the way, they even put him in prison for tweets now. I respect this man, he is a legendary personality and his Martian programs will go down in the history of space exploration and the exploration of new planets!
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I witnessed this historic event, many traders won and many lost, this is normal, this is a cryptocurrency!!! If you answer the question about Elon Musk, my opinion on this issue is as follows! If he gets a fine, it's nothing for Musk, he will pay and will not spoil his reputation because of some tweet, by the way, they even put him in prison for tweets now. I respect this man, he is a legendary personality and his Martian programs will go down in the history of space exploration and the exploration of new planets!
New planets? If you mean unknown planets then I have to tell you Musk is not Captain James T. Kirk. If you say new planets, I have to tell you Mars is not that new.
Yuri Gagarin is a legend, Neil Armstrong and his colleagues are legends, but Musk Elon is a billionaire with great visions, and he may become a legend too. So far, he certainly hasn't deserved it
But we are grateful to him for crypto advertising.
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dont think they have case, because they did not have or possess concrete fact as to the basis of the allegation, and even though they Elon is not someone that an institute or any setting can just threaten or harass anyhow. ,
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
Never new sec have time to follow up with something so trivia as a tweet, I mean the guy only made a tweet but he didn't directly tell people to go buy some dogecoin, it is their choice to make, (am no fan of Elon but we should learn to call a spade a spade.
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Elon Musk investigation may be a wasted exercise by the SEC, even as the previous case in 2018 was unsuccessful. I am wondering the reasons behind SEC dogecoin investigation because i think that promoting a particular coin is not a bad idea but just individuals interest and likeness. Let watch out how this investigation plays out.
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
Any person in the media or social networks has the right to express their attitude to any events and processes that occur in the world. Including your opinion about any cryptocurrency. This is called freedom of speech. Elon Musk is not to blame for the fact that other people listen to his every word so much and react so much.
Therefore, Elon Musk's statements about Dogecoin or Bitcoin do not have any violations that could interest the SEC. In my opinion, these are only rumors and assumptions.
I understand your point perfectly, but SEC doesnt see it that way. Remember McAfee, the former antivirus turned crypto stalwart? He got into a mess with the authorities for something similar to this: promoting some ICOs. So one should be careful about utterances especially if you get a certain stage in lfe
This already looks more like a dictatorship of statements. But seriously, really, Musk could make good money on his statements, or rather, price manipulation.
In order for Elon Musk to be held accountable for statements regarding cryptocurrency on social networks, it is necessary to convey that he did it out of selfish interest and in the interests of others. Will the richest man on this planet still earn extra money for nothing? Do not make me laugh.
Someone has nothing to do and starts various fictional rumors.
Why not? Is there a lot of money? It’s not even a matter of what he earns, but of manipulating the market. Who likes it if one person pushes a multi-billion dollar market in one direction or the other?
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
Any person in the media or social networks has the right to express their attitude to any events and processes that occur in the world. Including your opinion about any cryptocurrency. This is called freedom of speech. Elon Musk is not to blame for the fact that other people listen to his every word so much and react so much.
Therefore, Elon Musk's statements about Dogecoin or Bitcoin do not have any violations that could interest the SEC. In my opinion, these are only rumors and assumptions.
I understand your point perfectly, but SEC doesnt see it that way. Remember McAfee, the former antivirus turned crypto stalwart? He got into a mess with the authorities for something similar to this: promoting some ICOs. So one should be careful about utterances especially if you get a certain stage in lfe
This already looks more like a dictatorship of statements. But seriously, really, Musk could make good money on his statements, or rather, price manipulation.
I hope you know his tweets made a lot of people buy Doge at a high, and that accounted for the huge sell off that happened with Dogecoin. So SEC can term it price manipulation and stick it on Elon Musk
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I'm sure they won't be able to do anything. Elon Musk is one who has "ifluence" to the public. If the SEC is wrong to take action, the public will condemn them for abusing authority.
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@Thymoty even if the SEC investigated Elon Musk for his tweets (and his blatant manipulation), nothing would happen, the most that could happen to Elon is to receive a fine and I don't think he cares much about a fine. The measures to be taken in situations like this should be more extensive and not be left with fines or investigations, because most people have not realized what Elon has tried to do.
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The SEC will most likely investigate this case, but nothing special will come of it. Elon Musk will once again receive advertising for himself as an extraordinary person who can literally push the crypto market in the right direction with just a few words. And the possible penalties cannot be compared with the possible income.
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@Galley one thing is what Tesla has done, that benefits cryptocurrencies in general, and something different is what Elon has done with Doge, they cannot be compared, what Elon has done with Doge is manipulation, to take the Doge market where he wants, not for the good of the market or the community.
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this person has everything, he is no longer interested in money, I think he wrote this tweet based on his real thoughts, no one pays him, especially since the coin is not quite young and has a good market trade
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Another SEC drama, but it won't be easy as Elon Musk is a smart person. I am sure Elon Musk already aware of this possible problem since the very beginning. He is probably planning to do something to protect him from SEC right now. Then, SEC may have no chances to strike down Elon Musk because he knows what SEC wants.
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Hi @trofim21, I also don't think that what Elon Musk did (or tried to do) is for money. I think he did it for power, to have the power to control all of Doge's supply, which is why he spoke of the whales that have more quantity. Power and money always go hand in hand, and both power and money can corrupt anyone.
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@Freemind
Yeah, Elon motives could be about power to manipulate and control to collect money as easy as he can in Doge. We all know crypto is volatile so not a big issue in case he did it for power and money. We are all aware about the market condition of fluctuations every now and then, and also everyone knows the risk. He is smart and can make impossible things to possible in human capabilities (he's not a god of Egypt ;D ;D).
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@Master107 I agree with you practically the entirety of your comment, but there is something I disagree with. The fact that Elon had to talk about Doge's whales, say that they have the most coins, and that this seems like centralization to him, has made him realize that he cannot do what he wants, or even try manipulating the market, I think for Elon it has been a lesson of humility.
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I hope you know his tweets made a lot of people buy Doge at a high, and that accounted for the huge sell off that happened with Dogecoin. So SEC can term it price manipulation and stick it on Elon Musk
Yes, I know) But on the Internet everyone was in awe of what Musk was doing. In addition, everyone who logs into cryptocurrency should know that it is full of risks. And just buying an asset when it grows, especially from the words of one person, is not entirely correct.
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@owlest we know the risks of investing in cryptocurrencies, we can win a lot or we can lose everything. But you cannot imagine the number of people who do not know the least bit about cryptocurrencies and have invested in Doge, I personally know two people who have done it and have lost some money, fortunately little money. After doing it they remembered to ask me, it was too late. This shows us how many ignorant people in the world follow what someone says.
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Until recently, Elon Musk spoke out very actively in favor of cryptocurrencies, even invested in Bitcoin with the help of Tesla, as well as in Doge Coin.But after the SEC problem appeared, tweets from Elon Musk about warnings related to cryptocurrency appeared on Twitter. It seems that Elon Mask begins schizophrenia. :D
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@owlest we know the risks of investing in cryptocurrencies, we can win a lot or we can lose everything. But you cannot imagine the number of people who do not know the least bit about cryptocurrencies and have invested in Doge, I personally know two people who have done it and have lost some money, fortunately little money. After doing it they remembered to ask me, it was too late. This shows us how many ignorant people in the world follow what someone says.
I understand your indignation. But can an adequate person who is not versed in cryptocurrency can just go to the same Dogecoin like that? First you need to get basic knowledge, and only then make investments. In addition, one of the main rules for investing is not to enter the full amount.
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In this case, i feel like SEC are chasing a lost cause; Musk did not ask anyone to buy bitcoin or doge; and also there is freedom of speech; putting bitcoin or doge on my bio has never been an investment advice because several people has done this in the past. You cannot sanction Musk for shilling just because he is a very popular dude.
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I don't know what SEC meaning about this. They will investigate Elon Musk only because of his tweets? Well, this is actually so surprising so that we can see how people can manage new coins to have, I personally don't believe most of them are here,
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I think the SEC is really annoying and it's a financial institution that finds fault with other people.
Elon Musk made the whistling for DOGE was limited to making news and for the purchase of DOGE coins it returned to each of us.
Cryptocurrency is not centralized and anyone can buy or sell coins at will and if you don't like Elon Musk tweeting about DOGE then don't buy DOGE coins!
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I don't know what SEC meaning about this. They will investigate Elon Musk only because of his tweets? Well, this is actually so surprising so that we can see how people can manage new coins to have, I personally don't believe most of them are here,
I was also surprised by this supervisor's interest in Musk's tweets. But this is only at first glance the case in his statements. The whole meaning is hidden. His comments could have dire consequences for those who bought when the asset reached its maximum value.
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@owlest after Elon's attempt it is normal for his tweets to be "controlled" or supervised, the SEC always watches without us knowing. And I'm sure they also monitor the many social media accounts of people with a lot of power and influence.
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@owlest after Elon's attempt it is normal for his tweets to be "controlled" or supervised, the SEC always watches without us knowing. And I'm sure they also monitor the many social media accounts of people with a lot of power and influence.
I also think that after the situation with Musk, they will look more strictly towards media personalities. They now have to think before they say anything. A very strange situation, but such are the rules of the game.
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Yes, Elon Musk has a very big power at Twitter to shill coins and he should consider doing it more carefully. But for now, he has shilled no scam coins, his favorite ones are Bitcoin and Doge, but also Ethereum, which are all good coins.
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
I think it's just joke from famous people like Elon musk. why must be audited by SEC. that's funny. Because everyone can tweet about crypto currency or other coin. I don't agree about SEC will audit Elon musk
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I think everyone is free to talk on social media.
Elon Musk knows what he's doing and everyone knows that Bitcoin has a very volatile price, the SEC is doing what they have to and I don't think this will change the current price situation, Bitcoin is still at a good price, and corrections are being made. is being made. always there but not like 2018
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Even though it's just a rumor or it's true, I don't think ELON is 100% wrong he only makes one coin have a better price, for the SEC it would be nice to solve 1 unfinished problem with one coin, have been looking for bad news and dropping each person
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In this case Elon is not at fault, because what Elon Musk did actually made the price of Cryptocurrency increase. And everyone is happy with the change, I think a lot of people will support Elon Musk.
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In this case Elon is not at fault, because what Elon Musk did actually made the price of Cryptocurrency increase. And everyone is happy with the change, I think a lot of people will support Elon Musk.
No you're wrong. There were those who bought the asset already at the peak, that is, at the maximum price. Then he fell, and these people lost a lot. But the question is different: no one forced them to buy?
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In this case Elon is not at fault, because what Elon Musk did actually made the price of Cryptocurrency increase. And everyone is happy with the change, I think a lot of people will support Elon Musk.
No you're wrong. There were those who bought the asset already at the peak, that is, at the maximum price. Then he fell, and these people lost a lot. But the question is different: no one forced them to buy?
The American SEC can still hold him accountable, whether or not he didn't force anyone to buy. Remember their laws are a bit skewed towards the consumer, thus Elon Musk may have a pending case
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In this case Elon is not at fault, because what Elon Musk did actually made the price of Cryptocurrency increase. And everyone is happy with the change, I think a lot of people will support Elon Musk.
No you're wrong. There were those who bought the asset already at the peak, that is, at the maximum price. Then he fell, and these people lost a lot. But the question is different: no one forced them to buy?
The American SEC can still hold him accountable, whether or not he didn't force anyone to buy. Remember their laws are a bit skewed towards the consumer, thus Elon Musk may have a pending case
in fact, everywhere in the world there are laws where public people should understand what and where they say, since the public reacts to any statements. Based on what happened after Elon Mask's tweets, everyone saw the power of his words, but at the same time, no one knows what Elon Mask's goal was.
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After the launch of the spacecraft, Elon Musk is, in fact, America's hero. Therefore, I think no SEC is afraid of him. Elon is too experienced to be afraid of the SEC.
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I hope the SEC does not do a reckless thing. It can bring negative impacts to the whole crypto business. I cannot imagine if crypto investors being too afraid because of the activities of SEC currently. I am worried many people will think again about following Bitcoin investment with strict rules of SEC.
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I hope the SEC does not do a reckless thing. It can bring negative impacts to the whole crypto business. I cannot imagine if crypto investors being too afraid because of the activities of SEC currently. I am worried many people will think again about following Bitcoin investment with strict rules of SEC.
Quite right.
I also think that the SEC plays his game, given a considerable number of interests and a big question, whether they really have something against Ilona Mask or this agreed action ...
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In this case Elon is not at fault, because what Elon Musk did actually made the price of Cryptocurrency increase. And everyone is happy with the change, I think a lot of people will support Elon Musk.
No you're wrong. There were those who bought the asset already at the peak, that is, at the maximum price. Then he fell, and these people lost a lot. But the question is different: no one forced them to buy?
The American SEC can still hold him accountable, whether or not he didn't force anyone to buy. Remember their laws are a bit skewed towards the consumer, thus Elon Musk may have a pending case
in fact, everywhere in the world there are laws where public people should understand what and where they say, since the public reacts to any statements. Based on what happened after Elon Mask's tweets, everyone saw the power of his words, but at the same time, no one knows what Elon Mask's goal was.
Its obvious the power of his speech has dwindled. His latest tweet about Dogecoin where he said Doge is spelt backwards from Egod didn't garner enough pump as before. Doge barely moved 5% after that unlike his first Doge shill that pumped it more than 100%
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I think a lot of people have already realized his intentions and that they are not tweets to help anyone make money, they are tweets for him to make money, which is a huge difference and a statement of intent. Anyway and sadly, many people will continue to listen to what he says and do what he does.
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In this case Elon is not at fault, because what Elon Musk did actually made the price of Cryptocurrency increase. And everyone is happy with the change, I think a lot of people will support Elon Musk.
No you're wrong. There were those who bought the asset already at the peak, that is, at the maximum price. Then he fell, and these people lost a lot. But the question is different: no one forced them to buy?
The American SEC can still hold him accountable, whether or not he didn't force anyone to buy. Remember their laws are a bit skewed towards the consumer, thus Elon Musk may have a pending case
Their actions are understandable. But look, Elon Musk is not very much afraid. But the sanctions that can be applied to this person can negatively affect the whole market.
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Yes, that's true. About SEC investigation, I think Elon musk will face it..It just tweet, I don't believe why must be investigated. Every people could tweet and enjoy their social media, why it will become the problem, just write one word.
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I think a lot of people have already realized his intentions and that they are not tweets to help anyone make money, they are tweets for him to make money, which is a huge difference and a statement of intent. Anyway and sadly, many people will continue to listen to what he says and do what he does.
Of course, there are people that would follow or defend rich people, no matter what they do. I for one, wouldn't follow Elon Musk blindly, but I would ride the waves he has kicked up. Its all about the money, folks
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@Jaephoenix what you say is true, but what people should keep in mind is that they do not have the financial capacity of Elon Musk, and that is the biggest problem. If Elon Musk loses $50,000 or $100,000 playing Doge, I don't think it matters much to him, but if someone loses $5,000 it could be a problem for his finances and for his family. What I mean is that the biggest problem for people is believing that they can do the same as him, when the consequences would be disastrous.
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In my opinion, this Elon Musk problem is actually not a big thing and it will only affect the market in a short time. I am sure the market will soon forget about this problem and return to normal. Elon Musk is just making a lot of noise. and the SEC action I think I really want to find out what the real reason elon musk is.
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@Arendra the market will go its way without a doubt, many people have realized what Elon Musk has tried. But what Elon Musk wanted was precisely the opposite, not to let the market flow and have organic growth, he wanted to control Doge 100%, I'm glad he didn't get it.
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And I don’t understand at all what they can show him. He, as a private person, expresses his private opinion regarding an event. He called for something forbidden, no. Then what is all this fuss about? Nonsense.
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@Galley the problem (one of them) is that he has tried to manipulate the Doge market by wanting to buy the entire supply, even to say that Doge was centralized because some had too many coins, that's hypocrisy since Elon wanted those coins for himself. I don't think it's just one person's opinion when what you want to do is control the market.
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In this case Elon is not at fault, because what Elon Musk did actually made the price of Cryptocurrency increase. And everyone is happy with the change, I think a lot of people will support Elon Musk.
No you're wrong. There were those who bought the asset already at the peak, that is, at the maximum price. Then he fell, and these people lost a lot. But the question is different: no one forced them to buy?
The American SEC can still hold him accountable, whether or not he didn't force anyone to buy. Remember their laws are a bit skewed towards the consumer, thus Elon Musk may have a pending case
I think that in order to bring Elon Musk to justice, the SEC must have evidence not only of his personal benefit from what Elon Musk wrote on social networks, but also a deliberate abuse of his rights. Each person can express their opinion about the upcoming rise or fall in the price of a particular cryptocurrency. We do the same and hope that we are also contributing to attracting new people to cryptocurrency and that it will grow in value. For famous people, there are no additional prohibitions in this regard.
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@Senin you say that for famous people there are no additional prohibitions in this regard, but they must exist when you know that thousands or millions of people are going to do what you say or do on a social network. Elon Musk is not just another Twitter user, he moves masses, and that is dangerous.
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In my opinion, the steps taken by the SEC are indeed to investigate Elon Musk regarding what is actually Elon Musk's main goal in this crypto.
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@Senin you say that for famous people there are no additional prohibitions in this regard, but they must exist when you know that thousands or millions of people are going to do what you say or do on a social network. Elon Musk is not just another Twitter user, he moves masses, and that is dangerous.
I completely agree. I myself thought at first that the SEC was beginning to dictate conditions. But in fact, because of Musk's tweets, many who followed him lost part of the asset. Yes, they are mostly to blame. But you don't need to take advantage of their stupidity either.
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@owlest Elon Musk has taken advantage of that with his tweets. Fortunately the whales ignored him when he said that he would pay well for all the coins that are in the largest wallets. His tweets are not simple comments like mine or those of most Twitter users, his tweets are for manipulation.
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@Senin you say that for famous people there are no additional prohibitions in this regard, but they must exist when you know that thousands or millions of people are going to do what you say or do on a social network. Elon Musk is not just another Twitter user, he moves masses, and that is dangerous.
I don't agree if Elon Musk is blamed for his tweets. Everyone has their own analysis of what they will do and have done. It seems that the elon musk moves the masses, No i thinkn it could be just an assumption.
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@DAMKAR that Elon Musk moves masses is a fact, you just have to look at his Twitter for example, and that their words influence the actions of many people it is also a fact, personally I know two people with few neurons who have done it and have lost money, so there must be many more people in the same situation. I hope they learned something after what happened to them.
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The SEC will most likely investigate this case, but nothing special will come of it. Elon Musk will once again receive advertising for himself as an extraordinary person who can literally push the crypto market in the right direction with just a few words. And the possible penalties cannot be compared with the possible income scorch.
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@owlest Elon Musk has taken advantage of that with his tweets. Fortunately the whales ignored him when he said that he would pay well for all the coins that are in the largest wallets. His tweets are not simple comments like mine or those of most Twitter users, his tweets are for manipulation.
I think so too. At first I thought that in his tweets such that he was attracted by the attention of SEC? Later I understood what the essence. Although you know, not all understood and believe in the holiness of the Musk.
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Well, it looks like the rumors are actually true. SEC has formally instituted allegations against Elon Musk for his tweets on Dogecoin. They must have had evidence of him profiteering from his posts. So people lets see what is going to happen
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@Jaephoenix if Elon Musk is finally investigated by the SEC (which I also doubt), I don't think anything will happen to him either, I think he won't even care, and if he does, he won't say so publicly. At the most, Elon could be fined (if I were Elon Musk, I'd laugh at the fines) or maybe a simple warning. But I guess that will at least make Elon think the next time he tries something similar.
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Indeed, the SEC is always acting up and always finding fault with others, but we have to think positively that the presence of the SEC can change the situation in the future well.
Maybe yesterday Ripple was investigated by the SEC and caused the price to dump badly but now Ripple is slowly starting to go up again and it turns out that the SEC is receiving a lot of money for the investigation, is this the drama of the bully?
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Indeed, the SEC is always acting up and always finding fault with others, but we have to think positively that the presence of the SEC can change the situation in the future well.
Maybe yesterday Ripple was investigated by the SEC and caused the price to dump badly but now Ripple is slowly starting to go up again and it turns out that the SEC is receiving a lot of money for the investigation, is this the drama of the bully?
You just made a serious allegation there against SEC, that they collect money for investigating people. It may be true(I have actually thought about it) but it may be false. Americans take such corruption allegations serious
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The essence of the investigation must not be neglected if the tweet of Elon musk threatens the safety of people's finance based on the dogecoin, because of his investment in cryptocurrency in other hand the investigation is of no use if Elon musk tweet is positive and not harmful to peoples finance.
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The fact is that the SEC really has certain problems with the evidence base of certain violations that concern Ilona Mask Or, for example, Ripples. Some very famous lawyers are looking into cases and say the SEC has a very weak position to prosecute. And if we are talking about Elon Musk, then the SEC must work very hard and seriously to get the appropriate results.
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The fact is that the SEC really has certain problems with the evidence base of certain violations that concern Ilona Mask Or, for example, Ripples. Some very famous lawyers are looking into cases and say the SEC has a very weak position to prosecute. And if we are talking about Elon Musk, then the SEC must work very hard and seriously to get the appropriate results.
Yes, the evidence is only circumstantial, but this does not interfere with putting pressure on the person. Although, as we can see, such threats do not work on Musk. But if I were Musk, I would have been a little more careful in my statements.
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@owlest that is the problem, that Elon Musk does not care about his statements, because I do not think he does not know what he says, he is not a child, I also don't understand why Elon makes his Doge purchases and makes them public, can't he buy Doge without telling the world?. I'm glad the bet against the whales went wrong for him.
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Could be true..but to be honest, I doubt anything would actually come out of this whole investigation.
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Does anyone know about the update of this rumor? I don't see the update of this rumor anymore, I think there is no serious problem that SEC needs to investigate Elon Musk. Well, it seems Investigating SEC to Elon Musk is purely a rumor only. Some people may target Elon Musk to make negative issues for crypto market.
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Does it mean that the case is like what happened to Mcafee that they also investigated him? well, this is bad enough because if SEC is always concerning about the crypto world and searching for the other people or party mistakes, there will be always bad news.
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Does anyone know about the update of this rumor? I don't see the update of this rumor anymore, I think there is no serious problem that SEC needs to investigate Elon Musk. Well, it seems Investigating SEC to Elon Musk is purely a rumor only. Some people may target Elon Musk to make negative issues for crypto market.
This will all remain just a rumor. There may be some comment from the SEC but it's not certain. The fact is that this situation is akin to a good PR company)! Elon Musk is too important and exceptional a person, a person for all of humanity. He has already made history during his lifetime, and I am sure that this person will also receive the Nobel Prize! So talking about Doge doesn't make any difference, it's just being played)
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That's a natural thing, considering that Musk is an American citizen and has an impact on the market, as he is the third richest person in the world and has several very well-known lines of business. So it makes sense for the SEC to investigate.
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In fact, I agree with the SEC's step to investigate Elon Musk to find out the real reason Elon Musk made a statement on his Twitter account which had made the crypto world busy, even making the market then experience red. Surely the SEC's goal is to seek answers to the many questions of the crypto community.
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@owlest that is the problem, that Elon Musk does not care about his statements, because I do not think he does not know what he says, he is not a child, I also don't understand why Elon makes his Doge purchases and makes them public, can't he buy Doge without telling the world?. I'm glad the bet against the whales went wrong for him.
This is true. But do you see how many ordinary people present its meaning in the crypto world? For them, he is almost the main manager of the cryptocurrency. But they misjudge the situation. After all, many because of his statements have lost their investments. But I think that there is also people's fault in this, or rather, a lack of understanding of the situation.
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@owlest that is the problem, that Elon Musk does not care about his statements, because I do not think he does not know what he says, he is not a child, I also don't understand why Elon makes his Doge purchases and makes them public, can't he buy Doge without telling the world?. I'm glad the bet against the whales went wrong for him.
This is true. But do you see how many ordinary people present its meaning in the crypto world? For them, he is almost the main manager of the cryptocurrency. But they misjudge the situation. After all, many because of his statements have lost their investments. But I think that there is also people's fault in this, or rather, a lack of understanding of the situation.
On more than one occasion I have said that people do not stop to think about the possible consequences of their actions and do what Elon has done, investing in something that they may not even know what it is, simply because it is made by a famous person they admire. After that, when they lose their money, they remember to think.
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I think everyone has the right to express his own opinion on public and this is not a crime, elon Mask is guilty only by having toi many followers that Can effect thé market,thats all.
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Yes @iloveyobit Elon Musk has the right to express his opinion like everyone else, but if you know that millions of people follow you, I don't think it is bad to measure the words a bit. I like Bourbon, if I were Elon Musk and I said it on Twitter I'm sure a lot of people would attack me, I could say the same but in another way.
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@Jaephoenix if Elon Musk is finally investigated by the SEC (which I also doubt), I don't think anything will happen to him either, I think he won't even care, and if he does, he won't say so publicly. At the most, Elon could be fined (if I were Elon Musk, I'd laugh at the fines) or maybe a simple warning. But I guess that will at least make Elon think the next time he tries something similar.
He probably won't care, since he has the funds to offset the fines(I don't think they would commence criminal allegations like they did MacAfee). But that would surely deter him and muzzle him a bit
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@owlest that is the problem, that Elon Musk does not care about his statements, because I do not think he does not know what he says, he is not a child, I also don't understand why Elon makes his Doge purchases and makes them public, can't he buy Doge without telling the world?. I'm glad the bet against the whales went wrong for him.
This is true. But do you see how many ordinary people present its meaning in the crypto world? For them, he is almost the main manager of the cryptocurrency. But they misjudge the situation. After all, many because of his statements have lost their investments. But I think that there is also people's fault in this, or rather, a lack of understanding of the situation.
On more than one occasion I have said that people do not stop to think about the possible consequences of their actions and do what Elon has done, investing in something that they may not even know what it is, simply because it is made by a famous person they admire. After that, when they lose their money, they remember to think.
You don't need to blindly trust a person (I don't trust myself). His actions are just choices for us. To do as he does, or not to act at all. Knowing this information, you need to think it over, but it is not necessary to act this way.
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@owlest that is the problem, that Elon Musk does not care about his statements, because I do not think he does not know what he says, he is not a child, I also don't understand why Elon makes his Doge purchases and makes them public, can't he buy Doge without telling the world?. I'm glad the bet against the whales went wrong for him.
This is true. But do you see how many ordinary people present its meaning in the crypto world? For them, he is almost the main manager of the cryptocurrency. But they misjudge the situation. After all, many because of his statements have lost their investments. But I think that there is also people's fault in this, or rather, a lack of understanding of the situation.
On more than one occasion I have said that people do not stop to think about the possible consequences of their actions and do what Elon has done, investing in something that they may not even know what it is, simply because it is made by a famous person they admire. After that, when they lose their money, they remember to think.
You don't need to blindly trust a person (I don't trust myself). His actions are just choices for us. To do as he does, or not to act at all. Knowing this information, you need to think it over, but it is not necessary to act this way.
The word DYOR or Do Your Own Research comes to mind. In these days of pump and dump, especially in crypto, anybody can shill any coin as long as there is interest. The onus lies on the audience to sieve the chaff from the wheat
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You are right @Jaephoenix, and that's the way things should be, but there are people who do not know what DYOR is, nor do they care what those acronyms mean, they just follow in the footsteps of someone they look up to, to be like that famous and rich person, then come the dramas and the bankruptcies and broken families without economic capacity.
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You are right @Jaephoenix, and that's the way things should be, but there are people who do not know what DYOR is, nor do they care what those acronyms mean, they just follow in the footsteps of someone they look up to, to be like that famous and rich person, then come the dramas and the bankruptcies and broken families without economic capacity.
I also completely agree with your opinion, but you need to take into account the fact that each person takes care of their own destiny and must assess their capabilities objectively. You do not need to reach for global brands if financial opportunities do not allow a person. Many people buy iPhones only for status, but in reality they cannot always afford to buy sweets for a child.
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@Carbitcoin the example you have given of the Iphone is perfect, and it is exactly the same. Status, gives the image of being part of an elite to which you do not belong, wanting to make the world believe that you are a successful person. I find it very sad the inability of many people to think for themselves and not get carried away by products or the words of a famous person...
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The word DYOR or Do Your Own Research comes to mind. In these days of pump and dump, especially in crypto, anybody can shill any coin as long as there is interest. The onus lies on the audience to sieve the chaff from the wheat
This expression is known to many. But not everyone uses it. And not everyone has the knowledge to research the market. That is why many are trying to follow the lead of more advanced personalities.
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That's true @owlest, not everyone has the knowledge to research the market, but they have (or should have) time to learn how it works. It is normal that we do not know how something works that we have never studied, but with time we will learn. What we cannot pretend is to be experts in something without doing anything.
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@Jaephoenix if Elon Musk is finally investigated by the SEC (which I also doubt), I don't think anything will happen to him either, I think he won't even care, and if he does, he won't say so publicly. At the most, Elon could be fined (if I were Elon Musk, I'd laugh at the fines) or maybe a simple warning. But I guess that will at least make Elon think the next time he tries something similar.
He probably won't care, since he has the funds to offset the fines(I don't think they would commence criminal allegations like they did MacAfee). But that would surely deter him and muzzle him a bit
Well, I see it does not affect him, he recently reported about some coin, it grew 300%, he also continues to play with the market, he recently published NFT. So it's safe to say that he doesn't give a damn)
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There are rumors in the mill making rounds that the American Security and Exchange Commission SEC, are investigating the currently world richest man Elon Musk for his reportedly 'manipulative' tweets last month about Dogecoin. If true, do you think they have a case or is SEC trying to be a nuisance again?
Really, there might be a need to. Elon has been so much aggressive these days talking/tweeting about crypto peerless especially Dogecoin that it might need to be viewed what the motive is all about. Partially, I am not in support of this; don't really want any SEC nuisance anymore but also, Elon needs to minimize his involvement in DOGE.
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That's true @owlest, not everyone has the knowledge to research the market, but they have (or should have) time to learn how it works. It is normal that we do not know how something works that we have never studied, but with time we will learn. What we cannot pretend is to be experts in something without doing anything.
Everything is correct. But the main conclusion is that you cannot trust someone else's opinion. And even more so, completely rely on him. Even if you are unsure of something, you need to find the truth and use this to draw a conclusion.
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That's true @owlest, not everyone has the knowledge to research the market, but they have (or should have) time to learn how it works. It is normal that we do not know how something works that we have never studied, but with time we will learn. What we cannot pretend is to be experts in something without doing anything.
Everything is correct. But the main conclusion is that you cannot trust someone else's opinion. And even more so, completely rely on him. Even if you are unsure of something, you need to find the truth and use this to draw a conclusion.
In any case, everyone understands that almost every statement by Elon Musk looks like a big bomb that somehow affects the cryptocurrency market. Of course, We should not follow and believe all these words, But each of us understands that the provoked effect can be used to our advantage.
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That's true @owlest, not everyone has the knowledge to research the market, but they have (or should have) time to learn how it works. It is normal that we do not know how something works that we have never studied, but with time we will learn. What we cannot pretend is to be experts in something without doing anything.
Everything is correct. But the main conclusion is that you cannot trust someone else's opinion. And even more so, completely rely on him. Even if you are unsure of something, you need to find the truth and use this to draw a conclusion.
In any case, everyone understands that almost every statement by Elon Musk looks like a big bomb that somehow affects the cryptocurrency market. Of course, We should not follow and believe all these words, But each of us understands that the provoked effect can be used to our advantage.
We know how to take Elon Musk's words, but I mean people who have no experience in crypto. There are people who have bought Doge without practically knowing what it is, for the simple fact that he has said so, and I think that is a danger, although the only ones responsible are the people who buy without knowing well how this industry works.
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We know how to take Elon Musk's words, but I mean people who have no experience in crypto. There are people who have bought Doge without practically knowing what it is, for the simple fact that he has said so, and I think that is a danger, although the only ones responsible are the people who buy without knowing well how this industry works.
I agree with you, I think We should not blame Elon musk, Although He is famous person and could effect many people..As you said people who have no experience in crypto, will buy more Doge after Elon musk tweet.
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The word DYOR or Do Your Own Research comes to mind. In these days of pump and dump, especially in crypto, anybody can shill any coin as long as there is interest. The onus lies on the audience to sieve the chaff from the wheat
This expression is known to many. But not everyone uses it. And not everyone has the knowledge to research the market. That is why many are trying to follow the lead of more advanced personalities.
… and that is why they fall into their trap. No one is perfect, or is the best brain in crypto. Even if Satoshi is around, s/he may not predict the market perfectly. If one social media KOLs are honest, they always warn you to do your research, or warn you they sre not giving you investment advice. Just like Binance's CZ does on Twitter
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@Jaephoenix I agree, what CZ does is encourage people to learn and not get carried away, which shows his commitment to the ecosystem but without forgetting that he has a business, Elon Musk does the opposite, shows his commitment to his will to control the Doge market, and that makes their intentions very clear.
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We know how to take Elon Musk's words, but I mean people who have no experience in crypto. There are people who have bought Doge without practically knowing what it is, for the simple fact that he has said so, and I think that is a danger, although the only ones responsible are the people who buy without knowing well how this industry works.
I agree with you, I think We should not blame Elon musk, Although He is famous person and could effect many people..As you said people who have no experience in crypto, will buy more Doge after Elon musk tweet.
Elon Musk helped a lot with his tweets on social networks to increase the popularity of cryptocurrency. Therefore, I treat him with sympathy, especially after his Tesla company acquired bitcoins for $ 1.5 billion.
As for the attitude of the SEC to it, everyone has the right to express their attitude towards cryptocurrency. We all do this on this forum and on social networks almost every day. In my opinion, there are no specific restrictions for celebrities.
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We know how to take Elon Musk's words, but I mean people who have no experience in crypto. There are people who have bought Doge without practically knowing what it is, for the simple fact that he has said so, and I think that is a danger, although the only ones responsible are the people who buy without knowing well how this industry works.
I agree with you, I think We should not blame Elon musk, Although He is famous person and could effect many people..As you said people who have no experience in crypto, will buy more Doge after Elon musk tweet.
Elon Musk helped a lot with his tweets on social networks to increase the popularity of cryptocurrency. Therefore, I treat him with sympathy, especially after his Tesla company acquired bitcoins for $ 1.5 billion.
As for the attitude of the SEC to it, everyone has the right to express their attitude towards cryptocurrency. We all do this on this forum and on social networks almost every day. In my opinion, there are no specific restrictions for celebrities.
Well, SEC views such differently. They tend to hold celebrities responsible for their utterances. I think a similar scenario played out during Twitter's ban of Donald Trump. He was held responsible for his tweets, thus the clampdown
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The SEC is always looking for loopholes to find fault with people or companies, if we think negatively.
SEC is always looking for loopholes to protect every person or company, if we think positively.
The SEC will definitely provide the best solution for Elon Musk because Elon Musk is the largest investor in the electric car, space, cryptocurrency industry including Bitcoin and Doge.
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Well, SEC views such differently. They tend to hold celebrities responsible for their utterances. I think a similar scenario played out during Twitter's ban of Donald Trump. He was held responsible for his tweets, thus the clampdown
Of course we cannot prohibit someone who has a large number of followers from making a tweet where what is tweeted is considered true and can be justified. if indeed he was guilty it should have been from the Twitter side who had previously prohibited what had been said. wherein the tweet might have implications, for something other the SEC's point of view.
everything can create misunderstandings that can occur because the way each party looks at the problems will be different and can be very different from one another.
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I don't think Twitter had any issues with Elon Musk or his tweet, before or now. It was a Donald Trump ish. SEC was the only organization with a bone to pick with him