Quote from: Vishnu.Reang on Today at 11:53:24 AM

Quote from: Republikcoin.com on Today at 11:42:59 AM

Quote from: Vishnu.Reang on Today at 06:19:03 AM

He don't own any DOGE in his wallet and although he has tweeted about this coin, he hasn't recommended it to anyone or claimed that it is a good coin to invest in.

No one can confirm that Elon didn't buy DOGE before. Creating a DOGE wallet is very easy and we don't need KYC to be able to start storing and transacting with DOGE. Everyone has something that is not known to the public, they let it be a private secret and of course for personal gain, whether it's privacy or some other conspiracy, we don't know.
What we know right now is that Elon Musk's power is strong enough in the cryptocurrency space to manipulate the market for some cheap coins or coins of moderate volume. If we consider this a nuisance and think about it over and over, I think I'm running out of time to maximize opportunities in other cryptocurrencies

We are talking about someone who has a net worth of close to $200 billion. Given the poor liquidity of Dogecoin, it may take a long time for Elon to convert even 1% of his wealth to DOGE. On top of that, once the prices peak, it is not going to be easy to convert all that cryptocurrency back to fiat. He is a resident of the United States, and each and every cryptocurrency transaction needs to be reported in the income tax return. And after all this, if he purchases DOGE, then he can be tried for insider trading.

Elon Musk cannot be that stupid to promote this coin and not own something. What is funny is how people are following him like sheeps.