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.
Elon Musk is now obsessed with cripto. He sleeps no more. Calculating how a billion dollars SUDENLY became 1trillion dogecoin (dog e coin)
That's not what he said. 'If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo.' doyourhomework
You support people selling their troll currency? I respect the hell out of your innovation but you definitely led young investors astray with this bullshit
He can stfu
Bitcoin Diamond is starting a pump! BCD crypto 💎💎🚀
WholeMarsBlog As of today: 2,534,608 Dogecoin wallets have less than 1,000 DOGE. 404,435 have 1,000 - 10,000. 159,006 have 10,000 - 100,000. 36,292 have 100,000 - 1,000,000. 5516 have over 1,000,000 DOGE. ➡️ Which group are you in right now? (Measured in DOGE not dollars)
IGSquawk hahahaha...what exactly told one of my friends earlier this morning....😆🚀
WholeMarsBlog That picture is 👌😂
whales, yes. common folk. no
Elon laying down another hand of I Declare War ...NICE
How is this NOT market manipulation ?
SURE Elon: Just keep driving ALL other forms of cryptocurrency out of business! Get your Mars colony built and just MOVE yourself there, asap! Perhaps you can equip your Tesla vehicles to run on CO2 or nuke-power? elonmusk
He will ditch anytime
He pumped it then dumped it. Doge is a certified shit coin
🐕
pardon me, do you have any spare bitcoin?
Gee, that is nice of him.
He’s kidding, this is doublethink, a subtle middle finger to wokeism-brilliant. elonmusk
He's testing how much his tweets affect the market.
He's right 1 person owns 34 billion dogecoin alone
WholeMarsBlog FFS already
Regurgitation massive amounts.
In this pic Elon Musk is reading a tweet I wrote that says 'Elon Musk gets paid to make dumb faces at his phone'. And he doesnt disappoint.
The guy is complete scammer
Literally dozens of Dogecoin holders losing multiple dollars on this news.
A message to ElonMusk
Here we go, the market is going to go wild, the new Buffett...lol
Who cares? Will it be news if he farts too?
What elonmusk is asking for is those $6 billion dollars worth of Doge to be sold off and pumped into Bitcoin THAT'S what he really means.
Who cares?
WholeMarsBlog These top dogecoin holders are exchanges like Robinhood according to the dogecoin creator.
Of course he does fuck outta here
Ah Elon the pump and dump!
Top manipulator, bought Btc with government support. With so much tax money invested in his company no wonder he is getting away with it.
They should of never have made pot legal .. he’s a stoner !
Who gives a fuck what he says
Top 20 Doge wallets own 50% of all Doge. Doge is a joke.
canalCCore2
Pump and dump, while Elon bought Bitcoin. Dogecoin investors can not afford Bitcoin.
zrx
Musk is the worst sort of troll.
Guess the pump is over. It's dump time. Elon the Bubblemaker.
Thats not what was said and yall know it. ElonMusk DOGE DogecoinToTheMoon he was signaling if the project was over then sure its over. Thing is we're just getting started. dogearmyunited
When ever he want He able to change DOGE price ! This is crazy !
Most likely, soon you will be the absolute owner of dogecoin
anything a billionaire says about money and investing and trying to portray himself as “one of the people” is absolute lunacy. his $100,000 investment in DOGE is a lifetime (if not more) of savings for some people.
Who gives a fuck?
markets are getting ridiculous
Idk why but I think Elon musk Is really older than joe Biden. I will never prove it but it doesn’t matter. What matters is he used his privilege for the greater good and that is EV.
What happens when Musk decides to turn Tesla's bitcoins back into actual money?
He wants them sell so he can buy?
What even is the point, it’s not like this cryptocurrency can be bought out...there is an unlimited supply available “There is no cap to the supply of coins and thus the coin can inflate infinitely.”
Who cares.
For those who are saying Elon is doing us dirty... Apparently yall don't understand Elon.
BTFD
Fuq this guy
This fella is straying.
Now I’m singing the License song to Elon. You told us it was forever, and now we’re alone.
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Market manipulation is good when billionaires do it
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I hear Monopoly money is worth something
The hell are doggiecoins?
So he can buy more cheaply.
The billionaire feels too much concentration in the meme based digital currency is the real issue .
What does this mean?
That’s not how I took his tweet.
Don’t hate the player hate the game
SURE he does... all to continue to manipulate (jack up) the Bitcoin market.
And they are selling right now!
(w)Oof..
'Doge Ball'
Still holding...
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