Elon is making crypto a joke with Tesla acceptance of Dogecoin

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It isn’t a joke

I am talking about crypto currencies and blockchain technology, for me and millions of others it is as real and serious as can be. But thanks to Elon Musk, crypto is once again being made ridiculous. He really makes people think of it as “funny money” instead of real life top notch technology that will change the future of finance and money as we know it.

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Doge is a joke

Dogecoin was created as a joke and I will keep treating it as a joke, but apparently Elon feels he has to put it on a pedestal and accept it as a means of payment for Tesla merchandise. Not ADA, Litecoin, EOS, Hive, not even Ripple, but Dogecoin? Really Elon? Do you want to make us all look like fools? Because that is what the effect of this is on mainstream media and average Joe. I really don’t like this move, I fell it is putting us back into time and it will take time before crypto is again where we were before this shit show.

I hope this doesn’t get too much media attention, but I fear it will…

Oh well, eventually we will be taken serious, despite these stupid moves!

Sincerely,

Pele23



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7 comments
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It is just market manipulation.elon buys doge,elon says "doge good",doge gains price,elon sells doge,elon gets money,elon says doge bad,doge loses value.rinse and repeat.we would all do it if we had the influence.base your buy and sell orders based on elons tweets,sadly.

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It’s ridiculous

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I disagree.it is funny as heck.imagine being that easily manipulated with a single tweet from a single person.the same thing happened with BTC.
TESLA ACCEPTS BTC - BULL RUN
TESLA DOES NOT ACCEPT BTC - 50% CORRECTION
TESLA AGAIN ACCEPTS BTC - BTC TO ATH

Funny :)

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Sometimes it feels like he is playing with people. Whenever he mention any crypto in his tweets it gets pumped and then heavily dumped.
Better We should ignore him.

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Elon Musk does these things well. Too many people lost their money because of him. should not be taken seriously

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Although I completely disagree with him and his method, he gave the world of cryptocurrencies momentum and fame.

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It didn't soar much, and also Musk has caused many victims of Dogecoin since the last year.

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