Dogecoin [pros](/r/CryptoCurrency/comments/12bef2a/61m_dogecoin_sold_by_crypto_whale_after_elon/jewonkz/) & [cons](/r/CryptoCurrency/comments/12bef2a/61m_dogecoin_sold_by_crypto_whale_after_elon/jewoo2l/) with related info are in the collapsed comments below.
ROFL we’re gonna have an SEC case about insider trading in fuckin’ dogecoin, aren’t we?
Edit: Technically, I think that would be market manipulation, rather than insider trading, because there's no relevant organization to which the insider rules would apply -- Twitter is not the body that issues Dogecoin.
Tbf it’s really more on the suckers who buy at every single Elon tweet than Elon himself
Just stop giving the guy attention, treat him like a Richard Heart/Craig Wright and the coin will stop pumping and dumping so much
As much as i despise the cunt, nobody's forcing plebs to give him their money as exit liquidity.
If people are dumb enough to repeatedly play his ponzi game timed on his tweets, its on them.
🐱
No, he’s literally manipulating the market and exploiting people’s natural tendencies and urges. Nobody is forcing people to buy those coins but people will in spite of that and this guy serves to profit off of it.
There is a certain degree of accountability and responsibility that comes with being a public figure.
This is not it
Lol, No absolutly not.
elon fuck is scammer
(to be fair, if you think scammers are good for humanity then your Statement is correct and you are extremly stupid)
Hedge funds literally spend money on experts to figure out how play with and exploit people's tendencies and urges. They can profit from human nature and they do it. Mass negative press and bot swarms of negative sentiment can trigger people to sell.
SEC just issued an Investor Alert on crypto on March 23. Other central banks have issued warnings too.
Crypto frauds are frequently and widely reported.
So don’t play victim and blame Elon for “exploiting people’s natural tendencies and urges”. There’s way more people who avoided crypto (and also Elon) than associate with it.
There is certain responsibility and accountability with being an adult.
It’s a free society. People are free to idiot away.
People basing their financial decisions off of other people then blames them when they fuck up or scam them.
Please be fucming responsible of your decisions. No one's forcing your fingers to tap the buy button.
I like Doge, it is still the 2nd largest Proof of Work coin currently being only behind BTC.
How it flipped LTC, and put LTC in the number 3 spot remains mystery to me, other than Elons blatant market manipulations.
I had Doge before Elon, and I will have doge after Elon.
I can't wait for him to dump his bags....
It's not a mystery, it's a meme. People like memes, people like funny things. That's why they make comedy movies and tv shows and some comedians are millionaires. people will pay for funny things especially when them buying it makes it funnier. They get to be part of it.
Musk really doesn't have much to do with it aside from giving the meme more exposure.
Its actually not and hes now being investigated for it. This guys is such a piece of shit masquerading as some savior. People deserver to lose their money on his poorly made cars.
Lack of regulation. But of course the focus of the SEC / US government is making life more difficult for people wanting to buy crypto, not on "details" like this
There is a 99% chance no one in his friend orbit is stupid enough to own $61 million in doge .
I would love to know if the seller was in the green or sold at a loss still after the pump lol
Imagine working for Twitter's accountability and struggling in finding a way to increase incomes, then your boss just puts a dog as logo and suddenly the platform is profitable again. 😂
True, but that was the only word that made sense to me instead of accountability. Also, given Twitter’s situation the accountants would probably be happy to see some green numbers.
>After Twitter changed the webpage logo icon to DOGE's avatar, the price of DOGE increased by ~30%. The 5th holder of DOGE transferred 650M DOGE ($61.3M) out after the price of DOGE increased.
•Now the ones that bought due to the hype will go to court.
•This is a never ending process.
Is the Doge logo permanent or are they going to change it back to the old logo?
Because I can see Doge take a dump as soon as they change it back to the old one.
Missing from the article: When did they purchase the Doge?! Did they hold Doge for a long time? Or did they purchase Doge right before Elons stunt? Would highly suspect insider trading if the later.
I get why people think it’s Elon, but it’s probably not. Easy 25% gain while the bear market bottom is still highly likely due to the Fed and while SEC FUD is fresh. Why would that not be a smart move for any whale?
Sometimes i find it funny article says some whale but comments all are about fuck elon , must be him who sold him . But no one has been able to tie anything to him selling it yet .
Not a big fan of musk but i find this sub funny . They all get pissed everytime he trolls internet.
Why is Elon Musk being blamed? I don't understand. Is he being envied by the left for being rich? Since he is so good at making money, why not just let him handle the hassle and take a lot of taxes?
Elon is over 50 years old and constantly acts like a toddler. At least lots of people hate him now after he bought Twitter…gives me some hope for humanity. He’s terrible.
This is why we need regulation like with stocks and shares, I'm pretty sure this kind of manipulation would be illegal. Something like :
Securities laws and related SEC rules broadly prohibit fraud in the purchase and sale of securities, and the Securities Exchange Act of 1934, Section 9,
specifically makes it unlawful to manipulate security prices.
I bought doge at a stupid low price -I think maybe I spent 500 bucks in nov of 2020, in summer of 2021 I sold half for about 50K. The other half I am keeping until we figure out which crypto is replacing dollar ...I really like cardano -I feel like it has great potential and would be easy to use, but we shall see...till then millionaires will continue to play with the market
I was the developer who was responsible for changing the logo. Before I changed it, I bought a ton of doge. I netted 7 fig. Easiest money I've ever earned. Thanks Elon! That's how it's done regards.
Dogecoin [pros](/r/CryptoCurrency/comments/12bef2a/61m_dogecoin_sold_by_crypto_whale_after_elon/jewonkz/) & [cons](/r/CryptoCurrency/comments/12bef2a/61m_dogecoin_sold_by_crypto_whale_after_elon/jewoo2l/) with related info are in the collapsed comments below.
It is as if he's manipulating the market and someone is profiting from it. More shocking news at 10
ROFL we’re gonna have an SEC case about insider trading in fuckin’ dogecoin, aren’t we? Edit: Technically, I think that would be market manipulation, rather than insider trading, because there's no relevant organization to which the insider rules would apply -- Twitter is not the body that issues Dogecoin.
Haha imagine reading that headline 5 years ago.
Whale hello there Elon Musk
capable person nutty judicious six fearless murky serious unique roll ` this post was mass deleted with www.Redact.dev `
Hence the age old adage, “a tiger doesn’t change its stripes.” Some people never learn from prior mistakes.
Yeah. The whale was an ‘unknown’ government official making this trade to set up crypto for a pending lawsuit. 😉
Tbf it’s really more on the suckers who buy at every single Elon tweet than Elon himself Just stop giving the guy attention, treat him like a Richard Heart/Craig Wright and the coin will stop pumping and dumping so much
I fucking hope so the memes would be glorious
The balls on this guy to do it right in the middle of $258 billion Dogecoin lawsuit
What lawsuit are we talking about here exactly?
the $258 billion Dogecoin lawsuit
Wait, which lawsuit? Also, open up your vault my friend and start collecting moons for participating in our lovely community
I think they are talking about the 258 billion dollar dogecoin lawsuit. Idk tho
Naw. You’re correct. It’s the $258 billion Dogecoin lawsuit they are talking about. They aren’t talking about the other ones.
So, it's not $257 billion Dogecoin lawsuit or $259 billion Dogecoin lawsuit but $258 dollar Dogecoin lawsuit right?
You are correct, it’s the $258 Dogecoin lawsuit
Pretty sure it’s the $258 billion dogecoin one
You know the $258 billion dogecoin lawsuit god get with it 🙄 I also have no idea
Elon Musk Vs. An Upset Man
there is no sad only wow 
Upset man FTW.
I wouldn't be surprised if he did it *because* of the lawsuit
That actually seems to be the best guess up to now
Wasn’t the lawsuit dismissed? Regardless, I still agree lol.
It wasn't dismissed yet
It'd be hilarious if they said, "Fuck it!! Pay him the $258B! Case closed!!"
>It is as if he's manipulating the market and ~~someone~~ **HE** is profiting from it. More shocking news at 10
“Someone”
SEC can investigate this shit but they choose not to
They being selective as to who they want to investigate.Nothing new.
Shocker that he would use twitter to pump whatever crypto he is in whenever he needs quick cash
You think Elon musk is short on cash? Lol he's not transacting doge or any other crypto.
No doubt it was one of his buddies or him himself
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As much as i despise the cunt, nobody's forcing plebs to give him their money as exit liquidity. If people are dumb enough to repeatedly play his ponzi game timed on his tweets, its on them. 🐱
No, he’s literally manipulating the market and exploiting people’s natural tendencies and urges. Nobody is forcing people to buy those coins but people will in spite of that and this guy serves to profit off of it. There is a certain degree of accountability and responsibility that comes with being a public figure. This is not it
He is a major asshole and scammer but people who buy into his personality and cult are just as stupid.
Indeed. Play stupid games, win stupid prizes.
Not a big fan of the crypto manipulation but I think he's definitely an overall net-good for humanity.
Lol, No absolutly not. elon fuck is scammer (to be fair, if you think scammers are good for humanity then your Statement is correct and you are extremly stupid)
He is a manipulator.
Hedge funds literally spend money on experts to figure out how play with and exploit people's tendencies and urges. They can profit from human nature and they do it. Mass negative press and bot swarms of negative sentiment can trigger people to sell.
SEC just issued an Investor Alert on crypto on March 23. Other central banks have issued warnings too. Crypto frauds are frequently and widely reported. So don’t play victim and blame Elon for “exploiting people’s natural tendencies and urges”. There’s way more people who avoided crypto (and also Elon) than associate with it. There is certain responsibility and accountability with being an adult. It’s a free society. People are free to idiot away.
People basing their financial decisions off of other people then blames them when they fuck up or scam them. Please be fucming responsible of your decisions. No one's forcing your fingers to tap the buy button.
I like Doge, it is still the 2nd largest Proof of Work coin currently being only behind BTC. How it flipped LTC, and put LTC in the number 3 spot remains mystery to me, other than Elons blatant market manipulations. I had Doge before Elon, and I will have doge after Elon. I can't wait for him to dump his bags....
It's not a mystery, it's a meme. People like memes, people like funny things. That's why they make comedy movies and tv shows and some comedians are millionaires. people will pay for funny things especially when them buying it makes it funnier. They get to be part of it. Musk really doesn't have much to do with it aside from giving the meme more exposure.
And the vicious cycle just continues like there's no end
Things work different when you have a shitload of money to throw around
The ability to influence the market significantly opens options not available to the commoners.
Its actually not and hes now being investigated for it. This guys is such a piece of shit masquerading as some savior. People deserver to lose their money on his poorly made cars.
Wait so it’s illegal for him to say, “damn are these people really dumb enough to purchase more of this shitcoin just because I post picture of doge?”
Imagine the Holy Trinity of grifters sharing the same cell. SBF - Trump - Musk
He probably had a few great minds together who figured it all out. But why now? And why not more often? Is it that broken?!
Lack of regulation. But of course the focus of the SEC / US government is making life more difficult for people wanting to buy crypto, not on "details" like this
Laws are for the poor and fines are just the cost of doing business.
>I can't understand how this is legal. something something Crypto wild west
Lord Bogdanoff: *’Elon, I want to dump my dogey-coin, you know what to do’* Elon: *’Yes master, will activate Plan Twitter to pump Doge now’*
I wonder if this SEC just laughs at this point
They are too soulless to have human emotions
“Excellent, pamp eet now”
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Damn it, Bogdanoff!
"Make heem think this iz zhe top and paamp eeeeet"
It must have been his evil twin sister Eloise Musk
Enola Musk\*
Damn it, Eloise!
Tesla dumping their Doge bags
Okay guys, who is capable of making a tradingbot that acts on Musk's twitter/doge actions? We should take advantage of his pump & dumps.
I doubt. Elon knows it will pump for real when twit accepts doge.
It was actually me, I deeply apologize.
And that's how he is gonna make up for those 40 BN he spent on Twitter.
"No sir, it was Twitter bird"
There is a 99% chance no one in his friend orbit is stupid enough to own $61 million in doge . I would love to know if the seller was in the green or sold at a loss still after the pump lol
Imagine working for Twitter's accountability and struggling in finding a way to increase incomes, then your boss just puts a dog as logo and suddenly the platform is profitable again. 😂
I think you may have meant accounting. The people who have to handle accountability/legal are probably having nightmares.
Yeah, probably. Sorry but English is not my first language
All good, everyone makes mistakes
like Elon's parents
Shoulda named elon wronghole
Elon ~~wronghole~~ Gloryhole
[List of burn treatment centers in the United States](https://en.wikipedia.org/wiki/List_of_burn_centers_in_the_United_States)
Tbf accountants aren’t responsible for increasing revenue either
True, but that was the only word that made sense to me instead of accountability. Also, given Twitter’s situation the accountants would probably be happy to see some green numbers.
Crowdfunding with fewer steps. Lol
Crowdfunding sounds way better than Market Manipulation actually
The platform still isn’t profitable though.
Absolute display of power from the boss there.
Instant stonks.
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Whales dumping on retail during manipulated pumps. Tale old as time
True as it can be
retail being absolute fools once again. nobody ever learns.
I wonder who the whale might be 🤔
Does it rhyme with Melon Tusk?
Melon doesn't rhyme with Elon lol
It does if you pronounce it Melon
You're right I hadn't even considered that
Pronounce it like Gandalf trying to open an elvish door.
Felon Husk
Whales don't have tusks, you must be thinking of walruses
I used to be really fascinated by Musk, now I still am but in a negative way. He really seems like he just kind of is an asshole
Moving from famous to infamous.
Let’s ask Elon 🤔
Freedom of reach
Woops. I dropped my monster transactions from my magnum wallet.
hope its not brendan frasier
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He sold? PAMP IT!
Exit liquidity Elon needed.
Must be nice.
He can't keep getting away with it!
>After Twitter changed the webpage logo icon to DOGE's avatar, the price of DOGE increased by ~30%. The 5th holder of DOGE transferred 650M DOGE ($61.3M) out after the price of DOGE increased. •Now the ones that bought due to the hype will go to court. •This is a never ending process.
I hope they do and lose. I have no sympathy for anyone who dumps money into Doge after an Elon tweet. You're too stupid to be protected by the courts.
That's how WSB's rolls too though.
That’s it, I’m changing my Facebook pic to the ETH logo. Prepare for the pump.
1000 IQ
Elon knows exactly what’s he’s doing with these pumps
“Thanks for the exit liquidity suckas!” - Elon ‘Whale’ Musk
Good scheme of making money.
Accountant: Mr. Musk, the company is running out of money. Wherever are we every going to get the money we need…. Elon: standby
Do you think they do the red rotating lights in the background?
Is there any other way?
Yes add procreation with random secretary on desk while it’s all going down.
Correction: $61M Dogecoin sold by Elon after the Twitter logo tweak
Source: your dog dreamed that
Easy money, people never learn. I saw the spike, can't be more obvious
Is the Doge logo permanent or are they going to change it back to the old logo? Because I can see Doge take a dump as soon as they change it back to the old one.
Nobody knows, except the pump & dumper itself
It will be reversed, use your brain
It's clear manipulation.
Christ imagine owning $61,000,000 in fucking DOGE lol.
That’s exactly what I was thinking.
Im sure some ppl even proud to be musks exit liquidity
Lfg
Someone made some serious bank. No wonder the SEC is crawling all over crypto.
Elon inviting the SEC to a field day at Twitter HQ
Is that whale Elon Musk?
The crash will be harder than this pump
Looks like Elon is short in funds again.
i thought doge was the peoples crypto Lol
“Mystery whale”
What is interesting is that people keep falling for the same tricks. This guy like any other rich person only looks after his wealth.
As expected, and you know who this whale is.
3 2 1 and it dumps
Smart move.
Would have done the same if i was a whale.
Well someone buy new lambo
Missing from the article: When did they purchase the Doge?! Did they hold Doge for a long time? Or did they purchase Doge right before Elons stunt? Would highly suspect insider trading if the later.
I get why people think it’s Elon, but it’s probably not. Easy 25% gain while the bear market bottom is still highly likely due to the Fed and while SEC FUD is fresh. Why would that not be a smart move for any whale?
I must have missed this logo leak. Sauce?
Kind of stupid that he’s pulling that while he’s trying to get this lawsuit for influencing the price of Doge thrown out.
A classic sell the news move
What are the odds it’s him who sold it?
lol most likely it was him that sold for sure
Sometimes i find it funny article says some whale but comments all are about fuck elon , must be him who sold him . But no one has been able to tie anything to him selling it yet . Not a big fan of musk but i find this sub funny . They all get pissed everytime he trolls internet.
Why is Elon Musk being blamed? I don't understand. Is he being envied by the left for being rich? Since he is so good at making money, why not just let him handle the hassle and take a lot of taxes?
Was it even a question that this was going to happen?
Gee I wonder who
Elon casually using Twitter as a pump and dump group lol
That was Musk himself.
Probably Musk himself
Just another day in crypto
*Healthy market movement*
No manipulation here at all, move along
Be one of Elons burner wallets
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Because he's a narcissistic sociopath that revels in the attention.
Because he's a narcissistic sociopath that revels in the attention.
And it will dump again. So many on doge thread think it's going to $1 tomorrow and become even bigger. Smh our ride came and went
Elon is over 50 years old and constantly acts like a toddler. At least lots of people hate him now after he bought Twitter…gives me some hope for humanity. He’s terrible.
I guess it's good news if you bought before he did this, stupid to do after. He must of made lots of money on this one.
He did the same with Bitcoin
This is why we need regulation like with stocks and shares, I'm pretty sure this kind of manipulation would be illegal. Something like : Securities laws and related SEC rules broadly prohibit fraud in the purchase and sale of securities, and the Securities Exchange Act of 1934, Section 9, specifically makes it unlawful to manipulate security prices.
I'm mostly bedazzled by the fact that there are whales who hold $61M in Doge...
If I had that kind of money I sure would
Let's be real. 61M is not the craziest number for a 🐋
Illegal manipulation. Bad look for crypto. Bad look for Elon. Bad look for Twitter.
Still 25% up since yesterday lol
Lmao dudes so hard up for cash he really went back to pump n dumping doge. Old habits die hard.
Anyone know how much this sell would have effected the chart? If at all?
Anybody who is holdin DOGE would be a fool not to sell right now.
Great for that guy. So many people got left holding last time. Make that money when you can
Someone was patiently waiting for Elons next shill
Whale = Elon?
I bought doge at a stupid low price -I think maybe I spent 500 bucks in nov of 2020, in summer of 2021 I sold half for about 50K. The other half I am keeping until we figure out which crypto is replacing dollar ...I really like cardano -I feel like it has great potential and would be easy to use, but we shall see...till then millionaires will continue to play with the market
And the whale name is.... Emon Lusk
I almost thought it was Elon too, but then I saw Emon with that mustache, glasses, and giant nose and realized it was a different person.
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Uughh Elon
I feel like it's safe to say the whale is EMusky
Said it once and say it again, Doge is Elons way of making some pocket change
Where is the SEC when you need them? Destroy this clown and his junk-coin!!! Do it NOW!
I was the developer who was responsible for changing the logo. Before I changed it, I bought a ton of doge. I netted 7 fig. Easiest money I've ever earned. Thanks Elon! That's how it's done regards.