/biz/ - Business & Finance

he is literally the richest man on earth
do you really think he needs to ride pump and dump scams?

>>28033575
SEC can't do shit about doge

>>28033575

Would be funny to see SEC trying to "order" exchanges to stop DOGE trading.

Is he trying to fuck crypto over or what, because he's doing a good job at that.

>mentions something in a meme tweet
>people immediately rush out and buy into a pump and dump meme coin

Who the fuck are these literal NPCs and what exactly are their thought processes? This shit is even worse than mcafee in 2017

I'm so pissed. I'm stuck bagholding 5 shares of GME @350. I should've invested in DOGE

>>28033713
>easy way to 2x any amount of money by dumping on clueless normies who buy because you told them to.
Hmm I wonder why

There is no shorting this. Cry more

>>28033713
Yes. Rich people still want more money despite making it.

Hes got almost $3bil in doge coins.
Every time he tweets he gets a couple hundred mil richer

>>28033902
better to fuck over the normies sooner than later

>>28033575
He is dumping his bags on poor dumb people

>>28033713
>do you really think he needs to ride pump and dump scams?
Needing and wanting to do something are two different things.

>>28033713
>rich people is greedy
Makes perfect sense

>>28034000
checked and this
for the time being anyway.
ride the pump, take profits on the way uop
don't be a bitch

he's making a point. If you can't figure out what the point is I'll give you a hint that it isn't good for this "market"

>>28033713
He's doing it for fun.

>>28034327
Who do you think we're supposed to dump our defi ponzis to you fucking mongrel.

>>28033575
fucking kike. fuck you elon. you are going to ruin it for everyone.

>>28033575
The motive is to make you seeth

>>28033575
making /biz/ seethe

>>28033575
Maybe he’s just being chaotically good?
He’s hates the Jews just as much as we do (obviously can’t name them) and maybe he’s just giving us a gift after that bs from RH and hedge funds.

Or maybe he’s going to incorporate doge as a payment system within his internal Tesla ecosystem? Didn’t this fucker buy like 1billion doge?

>>28035019
it's working

>>28035314
He doesn't care about people, no bazillionare does. He want to make profits for HIM

>>28036182
I don't even think he gives a shit about money at this point. He does it because he finds it amusing to make all of us cryptofags seethe during the pump and all of his normalfag twitter followers seethe during the dump

>>28036487
He could be doing it to fuck over all the big investors that have been coming in and buying Bitcoin recently

>>28033575
still believe he's the one with the billion dollar wallet and only did it to buy people's bags because all the LSD is making him generous

wish he picked a better coin since DOGE is severly limited in transactions per second and widespread adoption will literally just break it

>>28033575
>sec
>crypto
???

>>28033575
>for some personal gain
he doesnt give a fuck about personal gainz he's the richest man of the planet. he probably accumulated almost all the doge supply and is now shilling it for shit'n'giggles supporting the price not to rekt plebs

>>28033713
Free money is still money. Why not throw 10 mil into doge and pump it.

What he's doing isn't illegal either. He's not telling anyone to buy Doge directly.

Pretty smart desu

>>28033575
dude he bought like 27% of dogecoin

>>28037098
Here's the thing to if he sells stocks investors will notice. No one will notice if he sell crypto.

He is trying to force the tesla meme when you make it from doge. This mother fucker should be shit down by the sec

He’s an attention whore getting blasted with normie attention every time he posts. Don’t need too much more motive than that

>>28037098
>DOGE is severly limited in transactions per second and widespread adoption will literally just break it
like bitcoin? just use a third party second layer solution

>>28033575
>>28034046
>>28035314
>>28037666
You guys are missing the key point here. Silver was next on the list after AMC until Elon misdirected the fanboys towards DOGE.

Silvers fastest growing use case is in electric vehichles and solar panels, estimated use case for both expected to grow over 3 times in the next 10 years. Think about it for a second, why would Elon want his followers buying the same precious metal that he needs to run his company?

He hates us for taking away zoomer money that could have gone to TSLA.
So he's working to delegitimize crypto to public again by hosting his own PNDs.

>>28033713
He's far from the richest man on the planet. Also, he's only rich on paper. Not cash wise. He owns a bunch of overpriced Tesla stock that he cannot sell without crashing the stock's value.

>>28033575
I honestly think he just has autism and thinks the reddit dog is funny.

>>28040006
Extremely redpilled take. Now this is making more sense.

>>28040006
didn't know that, thanks anon

>>28040006
>>28040243
Daaaaamn. I knew all these points. Didn't connect the dots. Fucking scamming piece of shit Muskrat.

I'm going to guess there is something going on here we cant see. Perhaps elon has decided to invest in DOGEs future with cash which he has converted into DOGE. Then all this marketing makes sense.

>>28040628
>>28040006
This is it. Plain and fucking simple. This will cost him infinitely less than a silver squeeze. Quite the opposite he will probably make gains.

>>28040006
Except that it wasn't Elon fanboys that were pumping silver it was /biz/. Reddit denounced silver specifically, and /biz/ hates Elon.

>>28040778
Exactly he sees a need for a people's money and figures hey I could just buy some meme coin and shill it hard to profits... Wait.. elon are you here?

>>28040006
Hey schizo, Elon was literally tweeting about Doge in December and has been since 2028. Are you saying he knew about the silver thing two years ago?

>sec
>halt doge
lmao

>>28033713
He enjoys being the villain. Didn't he also develop and market a commercial flame thrower? He's literally copying the Simpson villain from that James Bond parody episode.

>>28040957
That doesn't mean he didn't take advantage of the squeeze the same way everyone did.

>>28033575
He likes the coin

>>28033575
He cant dump his whole wallet at once so i dont care

>>28041096
We like the coin!

j/k

>>28034694
Ayo my lil rich pipo stock be doin summ

>>28041184
I mean that was my motivation when I bought in around 2015 :)

>>28041359
Forget ethereum and litecoin. DOGE is comfy coin.

>>28033713
>He's the richest man on earth why would he need the money

You fucking moron he didn't get that wealthy by letting his money sit around. He owns multi billion dollar businesses that he literally can't afford to keep afloat. Tell me how SpaceX or Boring aren't bleeding money? He'd much sooner let millions of chumps get financially rekt before he let his most ambitious projects die.

You dont know how good thing really are.
Based moon nazis, based reptoids.

>>28034855
he's doing it for popularity
when was the last time the richest man on earth was loved by the people?

>>28042719
> richest man on earth
you mean this guy?

>>28041057
>commercial flame thrower?
You mean a modified roofing torch?

>>28033575
he has proven to be very successful and everything he touches turns into fucking diamonds
his ideas are revolutionary and that's why he has been the leader in every field he worked/works in.
He now has the chance to regulate and/or to manage a currency for another idea of his.

Yes, it's a lot of power for one single man
but since he has proven to be a successful leader and made a lot of people fucking rich due to tesla, an investment into dogecoin might have the same outcome

yea he has a god syndrome
but so far he has been doing it fairly well

https://bitinfocharts.com/dogecoin/address/DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L
he doesn't sell his coins anymore, so he's simply stacking them. seems like he wants some kind of control over them, to obviously manage this currency
tho his balance increased by 1,3 billion within 2 days

>>28033881
It's almost as if it would help make a joke of the whole system. Market news is mainstream right now

>>28043964
see picrelated

>>28043964
>everything he touches turns into fucking diamonds
Yeah, that hyperloop is really cutting down on my commute times!

>>28042981
Qrd on this guy. How does he stack up to Rothschild

>>28040957
>2028

>>28044605
> Owns Nasdaq
> Owns 40% of Sweden's GDP
> Owns most of Baltikum's GDP
> George Soros' handler

Probably not as rich as Rothschild though.

>>28033774
IMO that's why he is pumping it
If SEC investigates DOGEcoin they will make absolute clowns of themselves and US monetary system

>>28040957
>and has been since 2028
what the fuck have I been in a coma?

>>28033575
>>28033713
The end game is that he wants to dethrone BTC and make DOGE the top crypto. It already managed to get into the top ten today. Imagine the sensation. Of course it would also totally destroy the crypto market as such, most likely, by having a literal meme coin at the helm, but it would be entertaining. And of course he'd have some claim to fame as the one who initiated this revolution.

>>28046386
>Elon Musk, champion of legacy finance, destroyer of crypto

>>28033713
I do.

>>28033575
>>inb4 sec investigates
>>orders exchanges to halt doge trading
>>shitstorm and crashing ensues
This shit happens with stock not crypto. Look at the dumb shit McAfee got away with before they could finally pin him down for shit unrelated to crypto

>>28043964
>https://bitinfocharts.com/dogecoin/address/DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L
>420.69

>>28033575
>orders exchanges to halt doge trading
It doesn't work like that.

>>28040037
Retard alert. He has regularly announced he's selling a couple billion of stock every few months and the stock continues pumping.

>>28047979
> 9.11
> 1337

>>28033575
He wants publicity for tesla. Especially with rich crypto younger people who can afford teslas.