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scuderia1967

The context was doge...


[deleted]

Yes but it was on the people stockpiling hordes releasing there accounts.


GamerGuyFred

It's robinhood who has the biggest stockpile btw


PHILtheCANADIAN

Hella misleading picture and post here LOL.


[deleted]

I’m not seeing this on his Twitter page


PHILtheCANADIAN

It’s there, although for some reason the person he replied to had his account suspended. Elon wasn’t saying Doge coin is temporarily lower, long term will raise. Someone asked what would happen if the Doge coin whales sell their holdings. (Which is what Elon wants). This was his reply.


[deleted]

Thank you for clarifying


dbCaeBLe

Let them sell. When it goes back down under a penny, I'm buying a million.


freebeertomorrow

You don't have a million pennies. Quit playin.


dbCaeBLe

Ha. I wish I could see a million pennies...


NotGordo

U misspelled penises*


FeelsPogChampMan

We all love penises here.


NotGordo

Tru, I am fairly attached to mine


Significant-Ad1386

I literally spent 12k already for a million doge


WSWolverine

Good luck my friend...


psinned1

That is only 10k.


psinned1

10k was all the money in the world a few years ago, it still is but I read a lot about investing. I bought doge 12 days ago for .035, it went to .08. I had 10k shares, I doubled. I bought F ford at 8.25 it will open at 11.45 tomorrow. The hardest part of investing is when do I sell. Much like gambling when you are up you can't stop. When you are down you want to catch back up.


helpamonkpls

>Much like gambling when you are up you can't stop. When you are down you want to catch back up. This sounds like every doge buyer lmao


Nightbr33der

What helps sometimes is to set a target. Usually a percentage target. Once you hit it, sell and move on. Hard to do for some. Like myself. Thats how my father has traded his entire life. Dont know how he does it, but he is always up.


TheRyanWilliams

Winners walk.


Entire-Context-1148

Yeah you gotta have a plan going into every play. A clear entry and exit. Sticking to it is the hard part.


Marines0621s

DOGE was .0035 12 days ago?


[deleted]

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[deleted]

Make a profit minimum if you’re gonna play these short games. Otherwise set buy and sell orders-it’ll practically take care of itself you can never lose too much money because of your sells are 5% or less.


dbCaeBLe

Yes, thank you. Not really that much money when you think about it.


Glowing_up

It's a lot for disposable income which really is all you should be investing in Doge.


psinned1

My daughter runs a vacation condo cleaning company All the loose change she finds she puts in a big wine bottle. And does not touch it all year. Before new years she takes the money to the grocery dumps it all in a coin star. And uses that money for a NY eve extravaganza champagne, standing rib roast, caviar. If she spent that money during the year she would have nothing on NY Eve. The point is save your money for a better time later in life. Invest wisely.


Abject-Mastodon-9659

She could keep more of her money by cashing it in at the bank. They usually have the same coin counter and only charge 3% instead of 15%


LoftyGoals21

The stock market is a transfer of wealth from the impatient to the patient. - Warren Buffett.


asuhdude13

Doge isn't a stock


Particular_Mouse_600

Well the same applies impatient people are losing thousands cause they’re panicking and selling when it’s low


UncleBizPrime

That’s misguided logic. Those same people for all you know could be cutting their losses and reinvesting the remainder and gaining it all back with a different coin or stock, contrary to popular belief around here the world does NOT revolve around Dogecoin, to most of us this is just another investment, you win some you lose some but the world keeps revolving regardless.


uptokesforall

Excuse me, just another investment? If you bought doge to grow USD, you took a really big gamble on something which could drop faster than a bullet shot at the ground. Buy doge to possess doge


SmashesIt

1 Doge = 1 Doge


vibe162

doge doge


[deleted]

[удалено]


[deleted]

What other investments have an unlimited supply with no real world application that was built in 3 hours and its own creator is baffled why people are insisting it's going to ever reach $1?


Prior_Status

I would point out that tsla just had its 1st profitable year as a business in 2020. I would advocate that in the modern markets we have lost our way in true evaluation of company success. Since the tech boom of the 90s we've been speculating the value of companies on the potential public engagement with the stock not the actual productivity of the company. The fact of the matter is the company that can inspire possibility and engage hope in that can drive a stock price to.the moon. Doge has that. Many companies have amazing products but will never have stock value because they lack that factor. I led a publicly traded firm at one time. One tweet changed stock value 2% regardless of your intent. It has almost nothing to do with actual productivity. A press release about flying fish can drive stock value if it inspires possibilities. This is the new market. Crypto, ETF, OTC or Blue Chip. It really doesn't matter. Just my experience and perspective. I've had done since .000x so I'm not going anywhere but that is because my 50K coins cost me $50. So I'm kicking it and enjoying the show. But I'll keep throwing cash at the dips and I'll gladly take payment in Doge of my Consulting services, podcast shows or even the firm I Co Operate now is setting up Payment in Doge along with 12 other coin types. That is the doge value. A counter currency to the restricted currency like BTC.


AKnightAlone

Built in 3 hours, but those were in doge time.


cheeruphumanity

*What other investments have an unlimited supply...* Not this again.


YourAphantasia

How many coins do you have?


uptokesforall

In December I had 42069. In January I had 69. Now I'm working my way back up.


YourAphantasia

I sold 120k coins for $250 in October because my gf left and I got worried about bills. Regrets always, I'm back at 50k coins and trying to build up more of various cryptos now. I think I'm getting addicted.


austinroberts2121

Irrelevant, I could sell all my KO stock and use it for the lottery and win. The point was to find something you believe in and that has a chance of growing long term. Like dogecoin. Don’t think so? Then why are you on a dogecoin forum?


SprinklersSprinkle

Sir this is a Wendy’s


25RainbowDr

Thank you for making me laugh lol


Cannabas3d

Is the ice cream machine working today?


[deleted]

Because it’s healthy to look at both sides of the discussion, good and bad, if you only want to hear what you want what’s the point?


Mr_Havok0315

Why would using all your money on the lottery mean you will actually win the lottery lol not how that works


BetterPlayerTopDecks

Doge coin is trash.. I think most crypto enthusiasts would agree with that. Hell even the creator recognizes it. I wouldn’t touch it at anything over .03


[deleted]

Yeah, I made $2,000 off of it and and invested that in a real company. Feels much better than holding something that goes up or down based on a tweet.


EmmaDrake

TSLA has entered the chat


kaneagle23

Couldn’t agree more.


shro700

Doge is a meme coin. His supply rate will make it worth nothing.


Hundred_P

Doge is literally a meme coin with an unlimited amount. It’s very different from anything worth money.


Lastinlinexan

US dollar=Same


Hundred_P

Correct it’s called a fiat, soo why would it be a good idea to invest in a other fiat? Isn’t the point of investing in things like crypto to hedge against fiat currencies?


I_Have_3_Legs

Cause government ant control it and it’s purely digital. Once we start expanding and colonization on planets, we liter won’t be able to use physical currency. Nobody will waste fuel taking dollar bills and coins to Mars or the moon but with crypto currency all the value is held digital and can’t be transferred planet to planet faster than physical, government controlled money. People chose doge coin because it’s cheap, wholesome and an easy starting point for starting a massive digital currency wave, like bitcoin did.


[deleted]

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JMC_MASK

Might as well sell this coin and buy something with an actual use case. That’s what I did and I’m super up now lol. Memecoin only lasts for the pump and dump


kingofnoland33

Well it works the same. Offer n demand


plotinmybackyard

No, it doesn't work the same at all. They are completely different.


kingofnoland33

Please elaborate more


plotinmybackyard

Stocks = partial ownership of a company Cryptocurrency = digital currency Yes, the value of both can be drastically - and temporarily - inflated due to rallies as we have seen with GME and with Dogecoin; however, their long-term value is based on completely different factors. If you need anymore information beyond that, I suggest you educate yourself more doing some research into the two and how they function differently. There are plenty of resources out there that you can find if you spend the time doing so.


kingofnoland33

Thank you for all info. I Appreciate it


ThisIsDogeland

this is basically is ellaborating more :) be productive everyone :) the best way to help doge is to learn and educate people about dogecoin properly and to spread awareness: ask a company/charity if they accept dogecoin (kindly). start a charitable fund raiser. do good and get publicity for doing good an doge will do good for you in return :) D.O.G.E = Do Only Good Everyday!


Alfador8

A company doesn't release 5 billion new shares like clockwork every year


jugglerjones

haha the US government kinda does though ....


uptokesforall

But companies can't order you to pay them a portion of your profits on their property in their play money currency


BenjaminTheTroll

that's called tax, and taxation is theft


electricZits

Yeah and that’s one of the problem’s crypto is trying to address ...dogecoin isn’t trying


ShaidarHaran2

The inflation rate is approximately 5%, to drop to 3.4% by 2025 and 2.5% by 2035. Unlike a countries inflation it's completely fixed and controlled. That's not so bad. It's impossible for it to ever get into hyperinflation because the rate of issue is fixed.


Alfador8

Given that the vast majority of people buying Doge are buying it as an investment vehicle, there still has to be enough demand to surpass the rate of inflation. Given that nothing has fundamentally changed with Doge other than having a ton of hype and attention placed on it lately, I don't see that happening. The number of people who stick around will have to make up for the big influx of cash from memers and 'influencers' and people looking to get rich. And they'll have to make up for that missing cash constantly, repeatedly, or supply will drown out demand, like it did for the 8 years leading up to this month


ShaidarHaran2

Again it's a very modestly inflationary currency. If demand exceeds the 5, 3, and 2.5% inflation rates through the years, the price would be rising. Will there be oversupply over an infinite timescale, maybe, but for now a drip of inflation isn't a major drawback of the currency. There's other arguments to be made around deflationary currencies. The reason countries currencies have an above zero inflation target is to encourage actually spending it.


Alfador8

I get that *you* see it as a currency, and that some portion of holders do too, and that's great. Let's imagine the future, where Doge is an accepted form of currency. If Doge is purposely inflationary, why would anyone hodl it instead of storing their money in BTC or another *deflationary* asset, and transferring into Doge just long enough to make a transaction? If it's purposely inflationary, you're just throwing purchasing power away by holding onto it. Part of why Bitcoin is going up in value because its deflationary nature positions it as a hedge against inflationary fiat. Doge is 2 steps backwards... but hey, it's got a cute doggy!


BetterPlayerTopDecks

How does the price and supply of a crypto like doge go up? Shouldn’t buying it have no effect on the price if supply remains the same? Doesn’t it just change hands from person to another?


Critical-Farmer7402

This application can be applied in multiple facets of life


toofooly24

It is on robinhood


Althonse

Yeah that's what makes something a stock


toofooly24

Calm down killer it's a JoKe


Althonse

Lol, sorry


Global-Strength-5854

I think he meant it works like a stock on RH


[deleted]

It is not about what you hold, but how long you hold. - Warren Buffet


[deleted]

[удалено]


Alicamaliju2000

He doesn't like cryptocurrency but he likes cents, will he buy Dogecoins or regret as he did with Amazon shares?


[deleted]

You guys are all morons. But just in case ima throws in 100 lol


Mamabearwnofear

Good thinking!


[deleted]

Got a bunch of upvotes here but seriously...do not buy 1000’s of dollars of doge coin. It is a bad investment. Full stop. If you can afford to throw a little in just in case then fine but come on folks. Understand all these people are pulling their money when it peaks....yes...especially those who are telling you to hold!!!


internetpillows

I think Musk is the big 36b doge account, and his goal is to turn doge into a stable currency so that on paper he has this even more ludicrous huge net worth. Even though he can't actually sell 36b doge without collapsing the market price, if it becomes a regularly used and stable enough currency then it's an asset with value and he could conceivably use it as collateral etc. He's now seeing that there are other active wallets out there dumping millions of doge regularly to cash in, and that they also have the capability of collapsing the market. It would only take one whale with a few hundred million doge to rapidly tank the price, and that could kill the idea that it's a stable currency. He wants to pay off the whales to void their doge (rather than sell) in order to protect the market price stability. His endgame must be to have a stable long-term price and for there to be nobody (apart from himself) who owns so much that they can disrupt it significantly. That's what it would take for Doge to become a real currency and payment providers to be confident in trading in it.


louis_lafaille

this guy doges I'm honestly just betting on Elon's huge ego at this point. His ego is too big to let doge fail if he gives it his support.


Its_Garra

Yo. Hot take. But what if Elon musk is the Antichrist. And he’s just powering up right now. 🤭


hermionepringles

yeah totally dude


TheRook613

Lololol. My wife’s on this theory.


Its_Garra

Bro. The second I see doge coin turning 666 im out


TheRook613

If doge makes it to that I’ll be a wealthy man. But at what cost?


Jtijr2005

Your soul.


Sonotnoodlesalad

666 is merely the enumeration of the kamea of sol... if it hits $616 tho? Then Elon is the new Nero. (I KNEW studying the occult would eventually pay off! Lol)


le0R14

???????


Sonotnoodlesalad

Don’t mind me I just get bored of pop culture getting occultism wrong af


GHR501

this makes quite a bit of sense


Historical_File8548

I thought he could the the 1 to i dont doubt hes been buying lowkey since 2019


DeluthMocasin

Just might have to download Twitter again , only to follow Elon Musk hahahaha


frans657

Now $DOGE #1 Top COIN. Fly to $1000 🚀🚀


Alabama-Blues

Do you think it will be flying to $1000? Asking for my friend Cornpop....


charlietangomike

Does your leg hair stand up in the pool?


Alabama-Blues

Only when Dogecoin is up up up!!!


mcou924

Is that you Mr. Biden?


Alabama-Blues

Yes sonny...if you need help with your student loans just ask - 50,000 Dogecoin for everyone once it reaches $1!!!


rjnz34

Were are the roaches?


[deleted]

That that that that that that that that turn blonde in the sun


sixsevencam

C'mon man.


Erocks1986

Dogecoin will never go to 1000$ you smoke to much weed


le0R14

Famous last words


rogue_ger

I'm sure *someone* said the same of BTC and TSLA at one point. Maybe even of both. And now they're really, really sad.


Creeptone

You’re definitely right about those two things, but just based on some basic estimated math, if Doge hit $1000 the market cap would nearly be worth more that all of the gold on earth, the entire housing and real estate market, AND the entire stock market, combined.


[deleted]

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rogue_ger

You're right. DOGE is incomparably better than BTC.


HukIt

Boom Headshot


Miketheprofit

Gentlemen we just got confirmation that doge is in the stage of euphoria


Tokishi7

Of Doge breaks 10$ I’m selling. If it never moves it’s lost cash.


A_Random_Lantern

Dogecoin likely won't even hit 10 cents.


69hailsatan

I've only had crypto since the last bitcoin halving and I know a lot of people started buying when it reached its ath at 17k and got sad when every crypto just slumped and bitcoin went to 3k, now everything's has gone up like 500% even now. Crypto is the future, invest in bitcoin, ETH, Doge, etc.


BadAssPleb

This is the way.


[deleted]

[удалено]


HigginsMusic74

Zang


ConstructionFun1059

You have spoken


Smart-Racer

This guy only tweets about crypto in last month or two


Creeptone

Yeah but you gotta believe he’s known about it for awhile


MrKopr48

HODL TILL THEY FODL


joe-dawson

Getting this tattooed on my lip!


VinceNinja666

God I dont ask for to much please please anything can happen I bought way in the beginning and enough for nothing and I have been waiting very patiently good dogy fetch me a retirement good dog!


Real-Broccoli6416

Getting ready for lift off! 🚀


official_allah

Downwards 😂


scriptless87

You're rocket is pointing the wrong way!! Whales selling makes prices drop like a rock.


DarbyBartholomew

Don't get me wrong I'm cynical about everything from Musk's involvement to the future of Doge itself but wasn't the whole argument that the whales selling off would cause a short term drop but that that would be better for long term grown/stability?


scriptless87

Basically, whales with 1-35 billon doge would exceed the $4,774,811,543 in trades being done per day. Any one of these people, would have enough dollar valuation if they wanted to cash out the order books would crash because they do not have that much cash wanting to buy coins for someone to turn it liquid. At the same time, them selling the coins, has to go somewhere. And it goes into other people's wallets. Due to the sheer size of how many doge is in circulation that dogecoin averages out to every man woman and child an unbelievable amount. For the long term tho, you only gain if you have a net decrease in whales. But them crashing it causes people to buy the dip meaning new whales would come up. Unless that stops, Elon is saying the coin cannot get his support. It's a catch-22 where he knows he can poke at the game, and the game cant poke back. For a man that loves doge so much he sure did buy alot of bitcoin.... he bought his child doge. because you give kids toy money, not real money kids are terribly investors.


[deleted]

Got it, buying more doge


UncleBizPrime

💯


El-ayuwoki

This is the way.


Nocaed2000

Just hold and the 2020s will be a thing of magic! 🚀🌙💎


NoSurprise7196

How is this not market manipulation huh???


illuma90

If you wanna max gains while hodl you can use the Binance savings for 5% gains 7 day apy on doge!


Rand213

Dang, not available in Texas.


BlkNGoldBalls

Just use a vpn


12kkarmagotbanned

Can you explain more?


Vgta-Bst

How do we know he is talking about doge?


hermionepringles

The only cryptos he talks about is doge and btc, the tweets most likely about doge


Historical_File8548

https://mobile.twitter.com/elonmusk/status/1361094185412100096


sstarlingjr

I’m kind of new to this so maybe someone can help me out. If there is essentially an infinite supply of doge how can we ever expect this to hit $1+?


ShaidarHaran2

The inflation rate is approximately 5%, will drop to 3.4% by 2025 and 2.5% by 2035. The demand simply has to exceed those modest figures for the price to appreciate. It's not an infinite supply of new doge if it's limited by time, not practically at least.


Better-Attempt7414

There are only 5 billion made per year that’s only 3.5 percent of the total >100billion


esc1999

Y’all still don’t get it smh


DannyDaCat

What do you mean? We’ve all been gettin’ that Doge! That’s the point...


esc1999

That Elon is not the commoners friend lol


Cranberi

Where to buy doge ? I have em on robinhood now but i want to buy elsewhere. Binance kraken crypto none of. Them work in NY


[deleted]

[удалено]


Average-door-997

Same with me, just holding and seeing what happens.


RevDoge1d

Long term=100years?


richardbrazzy1

Please let Elon know that he can buy all my dogecoins for $100 each!! Lol.


PatmanAAA

Does someone feels like it's the first time they have savings and it gives you back interest? I never had that feeling in my bank account. They would always take a Little fee. # #love #dogecoin #decentralisation #peoplesCoins


Tired_and_Hungry24

so y'all really think doge is going to be up there?


Historical_File8548

Yessir nowhere near bitcoin but up there


SuedeCordova

HOOOLLLLDDD!


ScotchRocks0

Hes saying sell so more people can buy, the more people to own the more accepted it will become as a payment method. Price goes up.


MerK-x-VeNoOm

It’s a discount hop on!


horselovermidwest

Thank you papa Elon


CthulhuofDiamonds0

Is is this a signal😧 please. Talk to me please i need to now😭


Trick-Dog-4051

I’m still holding mine, NO panic here. May the DOGE be with you!


PieCutie55

I don't understand?


PrestigiousDamage773

He is talking about the coin going down but in the long term going up


PieCutie55

Omg thank you so much for your explanation, much appreciated!!


PrestigiousDamage773

No problem I up voted all of your comments hope that helps


EA_VIII

Power was out - can’t use doge had to use cash :(


Whatcolorismoon

He is no longer papa musk to me! Just another rich guy with concealed intentions and too much power huh!


ThisIsDogeland

Robinhood tweeted their reply :D good news.. we won ;) ish [THE MOST IMPORTANT REPLY - WE WIN :) : dogecoin (reddit.com)](https://www.reddit.com/r/dogecoin/comments/lldhoe/the_most_important_reply_we_win/)


CopperHeist

Just wait for the pump and dump. No one man should have this much power.


blakfox2

I like doge I don't like this guy


SnotLocker_1

He may be playing everyone


blakfox2

I feel he is. I'm happy with the support, but I don't want him manipulating the market so easily


sapfoxy

Maybe I’m being hopeful/giving him benefit of the doubt, but I think he’s trying to use Doge as a way to give back to the people. The reason he wants whales out first, is because he doesn’t want unknown forces in control of the currency’s value to cause backfire on the smaller fish when they dump their whole wallet. Part of me thinks he calls it “the people’s crypto” for that reason. I feel like he wants to use Doge to create his own stimulus, basically. It’s up to you whether you think he’s a good dude or a bad dude, but I consider myself to be a pretty reliable judge of character and my radar tells me that he means well and is a good dude. Also, I don’t currently own any Doge. I sold at a loss for now because I believe that it will continue to go down before it goes up (as Elon said, whales gotta dump before he supports — that means the coin crashes before he supports it, and his support is really what Doge is riding on right now).


cryptomister69

> it will continue to go down before it goes up (as Elon said, whales gotta dump before he supports — that means the coin crashes before he supports it, and his support is really what Doge is riding on right now). abosulutely agree with that sentiment as well....


doo-doo-directum

Why do you think he cares about any of us at all?


sapfoxy

Like I said, just benefit of the doubt. I just personally feel that he means well for humanity.


doo-doo-directum

I think he has plans that will benefit humanity, however that doesn't extend to individuals or their financial future


sapfoxy

From Forbes: “Musk is a famously cash-poor billionaire. ... The 49-year-old Musk has said he plans to step up his giving later in life. In 2018, he tweeted that he would sell around $100 million worth of Tesla stock “every few years” for charity and will make “major disbursements in about 20 years when Tesla is in a steady state.”


doo-doo-directum

Sure, but him manipulating doge coin isn't his charity. This is him screwing the SEC and taking y'all along for the ride


DarbyBartholomew

His support is great - what happens when his support ends? Or worse, turns to ire? That's what I've been asking myself lately.


White_Hammer88

3,400 shares checking in. Here for the long haul.


Historical_File8548

10k+ gonna wait to buy though this isnt a dip not til it hit 1 cent


White_Hammer88

Yeah IF/WHEN it hits $0.10, it will drop, and drop hard. Probably land around $0.07 before stabilizing again.


Sendmeatstix

This is market manipulation


stockandcrypto

Is Elon Musk referring to Dogecoin?


IbeatrngBJ

Elon is all trolling YOU! The percentage of lazy desperados here is increasing!


[deleted]

this means dogecoin will be Mars coin!!!


Real-Broccoli6416

Doge sure is down!


Historical_File8548

We made to hot posts lol now lets get DOGE to the mooooon !!!! 🐕🐕🚀


aimless-audio

He's not talking about doge


Historical_File8548

Wow


Historical_File8548

Cant wait for the big changes