Quote from: JollyGood on January 14, 2021, 11:09:21 PM

Though Musk is interested crypto would he be interested in DOGE knowing there is an endless supply without a cap? I see no reason that provides any conclusive evidence that Musk is the owner of that address (DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L) but the numbers involved are staggering.

The owner of that wallet is transferring billions of DOGE at a time and has been doing so since 2019.

Quote from: dogegudboi on January 14, 2021, 07:39:37 PM

Quote from: D3m0nKinGx on January 10, 2021, 02:24:44 AM

https://www.reddit.com/r/dogecoin/comments/ktqdhk/i_see_50_coming_soon

Now this could be a moon. Elon doesn't even own any doge yet Shocked

Is that true though? Does anyone know who the owner of DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L is? They HODL 22% of the supply and just in the past few months they have been transferring huge chunks of DOGE worth 5 million a pop at a time.

That's a lot of fun money to transfer, and how many uber wealthy people even know of DOGE? Elon fits the bill perfectly, for him $5 million USD DCA would be pennies for the average person, and Elon has clearly shown that he loves DOGE. I think that address belongs to Elon and he recognizes that BTC is too heavily regulated and now relatively inaccessible to the majority of the world's population. Add into the fact that BTC's halving algorithm is flawed in the long run and DOGE becomes a worthwhile competitor.

DOGE has so much going for it, hidden technical I would call them, over the next 10 years. Plus 1 DOGE = 1 DOGE. Much fun. wow.

Yes all very interesting. You'll observe that the address first goes live a couple of months (02-05-2019) before Elon's first Doge tweet (end of march 2019). It's possible Musk mentioned DOGE back in 2017 (in FEB and NOV) as there is google trends data for that "elon musk doge" but I haven't found that evidence yet.

Personally I don't think it is all coincidence, but yes the evidence is by no means conclusive. Certainly a massive crypto whale of some sort. To own 20% of DOGE which has floated in the top 25-50 coins for years now, and doesn't have an organization, VC, or DAO behind it, is very notable.

If anyone has further information or speculation please share.