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[AudraMiller]

Elon Musk is a name that many cryptocurrency enthusiasts know about, and when this name is mentioned people immediately go to check the market of the bitcoin and dogecoin cryptocurrencies as these are the two where he is most influential and where he has spoken out about on numerous occasions. However, it seems that Elon Musk is not just focused on these coins and in the event that took place yesterday, Elon Musk confirmed that he is also invested into the Ethereum coin. This could be a great point for the Ethereum coin, as this can spark some major investors into this altcoin that can result in it being a formidable competitor to bitcoin in the future. What are your thoughts on the investment that Elon Musk has into Ethereum and do you think that this will help the altcoin achieve some high predictions set out by analysts?

 

[crypworld]

Majorly, everything that seems to be happening in the market favours him in either ways, bullishness, he cashes out, bearish he buys more.

Exactly, that is what happens.... So we need a regulation to prevent the manipulation of crypto market.

 

[sh199]

As many new reports, we can predict that Elon Musk has a positive tendency in Ethereum and the new meme coin Shiba Inu. He working with those coins for pumping in the right time

 

[Josemendez]

As many new reports, we can predict that Elon Musk has a positive tendency in Ethereum and the new meme coin Shiba Inu. He working with those coins for pumping in the right time

This is the first time I am hearing that Elon Musk has interest in another meme coin , what is the source of this your information ?

 

[Snowmansolito]

I think he Elon has is an experience investor and he indeed has an eye for good market which will really help him expand. Though it's really a big risk the way I see it but ethereum has a good potential to bullish movement in the nearest future

 

[Brain]

Musk seems interested in almost all the coins and the crypto community as a whole. So it isn't new or surprising to me. It will remain this way for a long time as he continues to invest in it

 

[Brain]

He can only follow the ones that will yield for him maximum profit, cause that's what everyone wants in the market.... gains only.

Of course he is taking calculative risk. Putting his money down on the coins that will bring the gains sooner or later. He knows the game better

 

[HappyAngel]

With this activities of Elon in the crypto world, it is easily decided that his love for crypto is really much on the high side and he has a huge advantage of gaining more profits because he has the needed capital to take such huge risk and it's really worth it.

 

[Swiss_cheese]

Has anybody heard about the SEC targeting ETH next for their ICO in 2014?
I kind of hope it crashes the price in the short term so we can scoop up some bargains!

 

[HappyAngel]

Well, I really don't think that his investment into ethereum will determine the major cause is rise and fall of the price because there are a whole lots of factors beyond that

 

[Josemendez]

Well, I really don't think that his investment into ethereum will determine the major cause is rise and fall of the price because there are a whole lots of factors beyond that

The investment has reduced supply and it is rational that the price will rise because demand will come to balance the effect of the supply

 

[Mariappa45]

It's nice seeing Elon musk investing in other coins apart from BTC and dogecoin which he has already secured his investment in them.

 

[07Trinity]

Elon Musk is a name that many cryptocurrency enthusiasts know about, and when this name is mentioned people immediately go to check the market of the bitcoin and dogecoin cryptocurrencies as these are the two where he is most influential and where he has spoken out about on numerous occasions. However, it seems that Elon Musk is not just focused on these coins and in the event that took place yesterday, Elon Musk confirmed that he is also invested into the Ethereum coin. This could be a great point for the Ethereum coin, as this can spark some major investors into this altcoin that can result in it being a formidable competitor to bitcoin in the future. What are your thoughts on the investment that Elon Musk has into Ethereum and do you think that this will help the altcoin achieve some high predictions set out by analysts?

I just hope the investment will turn out successful,he invested in dogecoin and left with people still stucked with dogecoin and no chance of withdrawal.

 

[AudraMiller]

I just hope the investment will turn out successful,he invested in dogecoin and left with people still stucked with dogecoin and no chance of withdrawal.

That is true. Also the one thing that i have noticed on the cryptocurrency exchange that i make use of is that the dogecoin withdrawal fee is in excess of 100 doge, which is astounding for a transaction or withdrawal.

 

[07Trinity]

That is true. Also the one thing that i have noticed on the cryptocurrency exchange that i make use of is that the dogecoin withdrawal fee is in excess of 100 doge, which is astounding for a transaction or withdrawal.

That is really absurd,well I feel you should change the wallet you are using or better still use litecoin or Bitcoin cash for your transaction,most of this coins have a high gas rate.

 

[AudraMiller]

That is really absurd,well I feel you should change the wallet you are using or better still use litecoin or Bitcoin cash for your transaction,most of this coins have a high gas rate.

Generally when i withdraw i try to stick to ltc, digibyte, or even ripple as these withdrawal fees are low. to be honest i don't understand why dogecoin withdrawal is so high given it has low transaction fees.

 

[fiery phoenix]

That is really absurd,well I feel you should change the wallet you are using or better still use litecoin or Bitcoin cash for your transaction,most of this coins have a high gas rate.

You are right.Maybe some reseacrch on transaction fees that apply on all crypto is needed before engaging in any crypto.After doing some research have found out that BCH ranks 2nd after Vertcoin in terms of low fees with LTC and DOGE ranking 4th and fifth respectively

 

[Ivanr01]

If you are following Elon Musk,you may know that he is just posting random posts about some meme coins. He just started with bitcoin and dogecoin,but later he invested in Floki , Shiba inu tokens. They were pumped more than 10x.
Everything is just business. If you can make people buy your $60k Tesla , then why not to make them buying crypto shitcoins. ?

 

[fiery phoenix]

If you are following Elon Musk,you may know that he is just posting random posts about some meme coins. He just started with bitcoin and dogecoin,but later he invested in Floki , Shiba inu tokens. They were pumped more than 10x.
Everything is just business. If you can make people buy your $60k Tesla , then why not to make them buying crypto shitcoins. ?

Thats how he always operates,he can pump any coin at any time.What surprises me is that as knowledgeable as he is he insists on promoting coins without a future.There are so many promising altcoins out there like Cardano,Solana,MATIC and Stellar but he is concentrating on joke meme coins with low market value

 

[Iryston]

It's good that people like Elon Musk push technologies and other trendy stuff popular more among zoomers and millenials rather than other categories, as we're more integrated into those sort of stuff, but you have to remember that he is a very highly speculative man working and doing stuff to the best of his own interests. He is quite populistic and speculative in that regard, place yourself in his shoes. He is so rich he doesn't need money anymore, nor does he sees the value of it. So he pursues fame and attention. Not that it's bad, but I am just stating that you shouldn't blindly just repeat and do what he does. Catch the wave is all I can say.

 

[Ivanr01]

OK whenever I heard the name I always do one thing fasten my seat belt if I am driving because it makes me emotional and usually when I see the markets they are crashing and the 1% profit that the investor had made was turned into 10% loss each time gives me an idea and an advice do not trust elon musk