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The former "Trump" tweeted to rule the country, followed by Musk tweeted to bring goods.
This Musk is going in an increasingly absurd direction.
Yesterday, Tesla boss Elon Musk launched a poll on Twitter: do you want Tesla to accept dog coins as payment?
Then the cryptocurrency world went crazy with the number of people urgently launching the poll.
As of press time, more than a million people have participated in the vote, and 77.3% of users chose to support it, which, presumably, most of them are holders of Dogcoin.
And a day before that, on May 10, Musk announced that SpaceX would launch satellites funded by dogcoins. At the end of the tweet, Musk once again used the phrase "To the mooooonnn!", sparing no effort to bring the goods for dogcoin.
As a result of this impact, the dog coin short-lived rally, once rushed up to $ 0.5467, and then fell back a little, the dog coin is currently reported at $ 0.52.
Dare to say that this money, really blowing in the wind?
And that's not all, the "I don't get it, but I'm blown away" thing continues to happen every day in the cryptocurrency world.
In the past two days, the C-suite of the cryptocurrency world has changed from DogCoin to SHIBA COIN, which we call shib for short, nicknamed DogCoin Killer, and created for the sole purpose of killing DogCoin.
The cause was that Musk tweeted again that he was going to have a shiba (Shiba Inu) as a pet, which was interpreted as him wanting SHIBA COIN to go crazy.
Then it really went up ......
Dog and shit coins are collectively known as the "shit duo" by people in the cryptocurrency world.
A circle of "shit" flying, a trance red hot. The first thing you need to do is to get a good deal on a new product or service.
At first, Bitcoin was a rebellion against traditional money, Dogcoin was a rebellion against Bitcoin, and Shitcoin was a rebellion against Dogcoin.
And now they're all up ......
Dogcoin and shitcoin, from the history of their birth, it is very clear that the air coin, even make up a great reason to cheat people are too lazy to do that kind of, the founder of the clear car horse said I do this coin is to make fun of.
Two
In order to speculate on the coin, now this Musk is also crazy!
In fact, this is not the first time that Musk has stood up for dog coins.
Since this year, Musk has repeatedly released tweets about dog coins, and has also hinted that he will put dog coins on the moon.
Under Musk's crazy operation, dogcoin has risen by more than 15900% at the highest.
An air coin that was born to be funny, under Musk's crazy stand, took a rocket, rose 20 times on the same day, and soared more than 159 times in a few months.
If you start from the time of issuance, the dog coin is even more horrible, all of a sudden rose 1,726 times, this gain has to make people crazy.
Come on, come on, look at this K chart, let you know, what is called poker face, what is called to take you crazy to take you to fly:
Above this chart, is named DOGE (dog) coin, in recent times the chart.
On January 3, 2021, it was still at $0.008 a piece:
As a result, on May 3, it was already at $0.74 a piece:
If you invested $1,000 at the beginning of the year, it would be worth $160,000 now, based on a multiplication of 159 times.
And unlike the early days of Bitcoin, when not many people even knew about virtual currencies, Dogcoin has simply risen to such madness in plain sight.
One day in cryptocurrency is a thousand years in the world.
So what is this dog coin in the end, and what is the value of the dog coin so that it can rise into this?
The answer is that it has no value, it is completely the so-called "Shanzhai Coin" in the mouth of the coin circle.
It was originally created as a satirical spoof of virtual currencies, and its creators just thought it was funny, and in their own words, "a joke that will surely disappear".
Yet it was such a funny thing that it was catapulted to the throne in a new round of cryptocurrency frenzy, and with Musk tweeting bullishly about Dogcoin round after round, Dogcoin is like a rocket headed straight to the moon.
As of yesterday, the market capitalization of dogcoin has exceeded 80 billion dollars.
We know that the market value of General Motors is only 80 billion dollars, the market value of the dog coin has caught up with the largest U.S. automobile manufacturer.
A cottage currency originally intended to satirize Bitcoin, but instead became the object of popularity was held up to the moon, let countless people chase, crazy, which undoubtedly makes the art of satire of the dog coin has reached its climax.
In fact, even Musk himself, also know the so-called dog coins, is a ridiculous prank, only this prank, stained with the blood of leeks.
On May 9, Musk participated in hosting the old U.S. entertainment variety show Saturday Night Live (Saturday Night Live), by the host has been asked: what is the dog coin?
Under the host's repeated questions, Musk's response was: "Dogcoin is the future of money, it's an unstoppable financial instrument that will take over the world."
Finally, the moderator jokingly came to a realization: So, Dogcoin is a hustle?
Musk smiled helplessly: "Well ...... well, it's a hustle."
A sentence bring collapse dog coin.
The market value of the dog coin should fall nearly 40%, more than $20 billion in wealth instantly evaporated, countless people's wealth to zero.
What you can see is the diving K chart, what you can't see is what is being depreciated along with it, Musk's credit and Tesla's brand value!
You can't see that Tesla's stock has continued to fall lately, and Tesla's sales in April, have also dropped severely!
If a business owner doesn't try to solve Tesla's frequent brake problems, but just cuts the leeks, how does this business make people feel?
No wonder some people would say: Tesla brakes fail to find the reason, because Musk drunk on speculation, simply do not care to engage in the side business of the car!
Musk, you're so undignified!
Three
Behind Musk's coin speculation, there is a large group of leeks who want to get rich overnight!
Some longing to realize the freedom of wealth by coin speculation, see sitting a few days Musk are out to stand on the wind car, have begun to defy all the leverage full position dry.
They don't know that a bigger storm than Musk's flip-flop is already on its way.
You know, all kinds of folk digital currency, whether it's bitcoin, or dog coins, etc., their biggest enemy, or central banks.
Because this virtual currency that comes out of nowhere is a challenge to a country's legal tender that has existed for hundreds of years.
So far, only the United States and other very few countries in the world to support virtual currency trading, behind the scenes there has been the existence of unspoken conspiracy theories across the middle, and China will not allow this kind of thing!
See, May 7, CITIC Bank, a paper notice broke the network:
From now on, prohibit any organization and individuals will be CITIC Bank account as a bitcoin, Litecoin and other virtual coins trading recharge and withdrawals and other operations, once found will be suspended or even canceled account.
This is like shutting the door and cutting off the lifeblood of countless coin speculators, a signal that should not be underestimated!
Don't ever think that only CITIC a bank hands, but also with other banks to continue speculation. According to the previous domestic action, a large number of banks to follow up the blocking of virtual coin trading will soon come.
On April 18th, Bitcoin crashed 17% in a single day, causing 50 million people to vaporize $40 billion of their wealth, and this is probably just the beginning.
The central bank's digital RMB push is also accelerating, and just yesterday morning, the digital RMB access to Alipay was widely publicized, with the feature already visible on some users' Alipay.
The country wants to develop blockchain technology, the central bank wants to issue a legal digital currency, first of all, the technology must be named, not to clean up these inexplicable virtual currencies, how to sound the gong for the legal digital currency?
History has proven time and again that the first thing a regular army does when it enters the mountains is to fight bandits.
In the eyes of the state, there is no distinction between Bitcoin and other virtual currencies, they are all cottage coins.
The accelerated launch of the national digital currency is the death knell for these virtual currencies, and it's only a matter of time before they end up in the ground.
What is the greatest value of virtual coins?
When Satoshi Nakamoto invented Bitcoin, he intended to use its decentralization to create a currency that would not be inflationary and would not be controlled by any national central bank.
If Bitcoin really is unrepeatable and really isn't inflationary, then he seems kind of solid.
But it's so easy to make a copy of Bitcoin that it takes a programmer 3 hours to make a new currency that is as good as or better than Bitcoin.
Irreplaceability and scarcity, it's all bullshit.
The emergence of cottage coins greatly undermined Bitcoin's authority, but then someone came up with the concept of *** knowledge, saying that Bitcoin's greatest value comes from *** knowledge.
As long as everyone knows this coin, then only use this coin in the future, this **** knowledge is very valuable, is irreplaceable.
From the concept until now, the value of *** knowledge is the core foundation that supports virtual currencies such as Bitcoin.
Musk has proven with his own actions that whoever he says is ****sense is ****sense.
Musk is very bull, but, again, bull but also bull country.
In addition to China, including the United States, many national regulators are also taking a shot.
After a lot of noise and commotion, there is only a white space that is really clean!
Four
Some people may say: you say all right, but the rich and powerful, as long as I a shuttle, seize the dog coin or shit coin rising this time, is not the wealth free?
Indeed, at the moment, this global countless people involved in the virtual carnival is still continuing, the dog coin may still go up, up to 1 U.S. dollars 1, up to 2 U.S. dollars 1, but do not recommend that you go to invest.
Just like the dog coin such a gambling tool, there is no national endorsement, there is no intrinsic value, Musk a sentence of the mouth, can send its price to the sky, a flirtation, can be knocked down to the dust, no matter how crazy it is now, the final is inevitable a chicken feather.
By the time the Ponzi scheme comes to light, bigwigs like Musk will naturally be able to leave the field comfortably, but the fate of ordinary investors will be incredibly miserable.
Do not see, these years, a variety of financial fraud, blood money when the tears, which is not the first time when the greed of the mouth?
After the avalanche, which piece of snow is innocent?
Look at the Dalian tragedy in June last year, when the whole family jumped into the sea to commit suicide due to a huge loss of 20 million dollars in currency speculation, it is the most profound portrayal of reality.
Time and time again, the lessons of blood are warning us:
1, the gentleman who loves money has a way of taking it, do not for the fly on the head.
In this world, the assets that do not bear large fluctuations and can achieve an annualized rate of more than 10% are actually very few. Even for an investment bull like Warren Buffett, the compound annualized rate is about 25%, and that's already tops.
2. You may be greedy for the high interest rates that people give, but what they want is your principal.
Regardless of how wonderful the banner, what blockchain, what AI +, investment to achieve high returns, behind the scenes must be high risk, high volatility. For those who promise high returns and low-risk investments, you must be wide-eyed, and you can't expect any good things to fall out of the sky.
3, before dreaming of achieving high returns, first look at your own hard-earned capital.
The power of finance does not lie in the short-term high returns, but in the compound interest based on time. The last result is often the loss of a wife and soldiers, people and money are empty!
4, never think you are more intelligent than others, can escape the last stick of the drum.
Even if you are lucky to get out of the first 100 times, but the 101st fall, you will be forever. Only by waking up to the realization that you are as ignorant as anyone else are you truly on the path to wisdom!
Finance is not a game that anyone can play profanely, don't be tempted by the skin of all kinds of profiteering, blinded by the desire to be the moth that fights the fire.
Please remember, the world has never had a free lunch, not to mention the pure fool, drowning are able to swim.
The scythe always comes after the leek!
END
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