Elon Musk says he supports top dogecoin holders selling most of their coins

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Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in dogecoin was the 'real issue'.

FILE PHOTO: SpaceX founder and chief engineer Elon Musk looks at his mobile phone during a post-launch news conference to discuss the SpaceX Crew Dragon astronaut capsule in-flight abort test at the Kennedy Space Center in Cape Canaveral, Florida, U.S. January 19, 2020. REUTERS/Joe Skipper/File Photo

- Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of their coins, adding that he felt too much concentration in dogecoin was the “real issue”. "If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo", Musk said in a tweetA well-known supporter of cryptocurrencies, Musk has weighed in regularly on the recent frenzy in retail investment, driving up prices of dogecoin and shares of U.S. video game chain GameStop.

Musk’s electric vehicle company Tesla Inc revealed on Feb. 8 it had bought $1.5 billion of the cryptocurrency bitcoin and would soon accept it as a form of payment for cars.

 

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Meanwhile Elon owns the most bitcoin

He looks like he's trying to decide whether to have goat's cheese on his pizza.

He want the price to thank, so will buy them at a reduced cost, then announce it and make huge fortune overnight.

My goodness he is so rich he is telling the rich to do things differently... much respect ✊

When I see this photo, I think, ' put the dog in the basket'..

Buying and keeping doge is a statement of preference on algorithms -even for stupid algos-. An uprising, against all politicians & economists printing money without any preset, ironclad rules. it’s acceptance for goods&services remains to be seen yet.

this is part of his plans for world domination i bet

Musk is a douche who is trying to crash the price of dogecoin just because he can.

Unless he’s positioned himself to gain from the price decline

He’s concerned about concentration... yet he wants to buy it all. Called mkt manipulation!

No he didn't. 'IT will get my full support does not equal 'THEY will get my full support'. You didn't understand.

Why not develop your own currency n make xtra money 💰

wememestonks this lead image 😎

This is a good read also on what is happening scale wise on BSV...its the ONLY Enterprise option:

If you want to find out more about the ONLY platfrom that scales today to do this go to

he should be joking. Only BSV, the original Bitcoin protocol rolled out in 2009, has the scale today to be a universal currency and so much more. Its actually a data management protocol and among other things does this:

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Deceitful man in Mix time.

ballshiii

Im tired of this guy, he is drunk with power and fame, now he tries to wreck the little guy just to get profits.

Way to fuck the little guy, Elon.

Won't sell my doge for nobody bought in at .008

This guy shud be investigated.. He is clearly using his influence to manipulate the crypto market.. He will sell Bitcoin first, then make a similar statement then crash the market then buy it on dip again.. Pathetic use of power!!

Of course he does,, it will tank doge, and then he and other fat bank accounts will buy them all up and pimp the shit out of it.

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- FACT: Litecoin miners who control Dogecoin.

How does it feel to be pissed on by a goofy billionaire?

Crypto currency is a great idea, but the fact that in theory a famous person can manipulate the value of my finances(if I hold crypto)at the drop of a tweet seems like a real quick way for silly people to go broke.... or am I missing something? bitcoin dogecoin

Twitter should block his account. His words manipulate market

Now he's a market manipulator !?

Insider trading

What about buying a Dodge, or even a dog? 🧐🚗🐶

Must be fun if every tweet gets multiplicated by the press. 🧐

He also says after, that it is for betterment of DOGE; short term Lower and rise in long term!

Buy Dogecoin

Did Musk buy Reuters? They can’t stop posting about him every 15 minutes.

Who care what Elon Self Centered Rich and Lost with out Cause Musk says about anything. Ever.

Quarry_Rock

I don't care what Musk thinks.

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Are dogecoins minted in Venice?

He's such a fraud

Fück this clown

Such an effin manipulator!

No sell only hold

Scam

There's a limited amount of bitcoin. I say sell every single one to elonmusk . When he owns 100% he may have fun trading it with himself.

Lol...

Elon Musk giving unqualified financial investment advice is not news. *Please* stop legitimising his behaviour by reporting it as if it is. It's dangerous to the people drawn into his whims who could lose huge amounts of money they can't afford.

You sell your $Doge ... then!! major pullback, then he buys back up on the dip better position

fuck your type elonmusk

If you buy Doge you buy ElonMusk and other celebrities’ tweets and those whales paying them to dump. There are only 5 people in Doge team and there is UNLIMITED max supply DOGE - 33 Transactions Per Second which is slow as mud as Bitcoin $XRP - 1,500 TPS

Buy $VGX 🚀🚀🚀🚀🔥🔥🔥🔥 profile has code for free bitcoin Bitcoin

You're saying that a guy that used his company to buy a ton of one cryptocurrency now wants a major sell off to occur in a different cryptocurrency? This is truly fascinating.

idiots. he wants you to buy in bit coin to hold the company losses high. infact its money laundering what he is doing. lets see where the money is coming from

Still can't get over the fact he randomly called cave diver hero pedo-guy and got pandemic all wrong. Flaws for sure. But Tesla and SpaceX are great.

lol

He is going to sell off all his dogecoin to bring it back to $0.02

Elon say selling is a crime so They are the one whइ will suffer badly in आ history of a dogecoin

Predictable.

Elon Musk we Need a Conservative social media platform as was parler. You can help with this not only talking about Dogecoin and money

Time to regulate the crypto market.

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master troll

Elon...let's get Brandon tomrrow n-------; me Okay Mike; Fake Elon

A well-known supporter of cryptocurrencies, Musk has weighed in regularly on the recent frenzy in retail investment, driving up prices of dogecoin and shares of U.S. video game chain GameStop.

This dude really loves fucking around the plebians, doesn't he?

When do criminal proceedings start?

Meme.

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