Gregory's ServerWhat a coincidence!
Dogecoin prices spiked when Twitter replaced their logo with that Shiba Inu meme.
Nope, nothing untoward is happening here.
 36 comments
  @toxtethogrady @atomicpoet It's my understanding that the whole point of crypto is to allow con artists to bypass financial regulations so they can run scams on people who are ignorant of why regulations exist in the first place.  @TransitBiker @jargoggles @atomicpoet Word (on Twitter, no less!) is that this was a massive pump-and-dump by Musk, and Dogecoin is now down 6% in the overnight market...   @atomicpoet Might be nice for the SEC to take a look at Elonβs close friends and see if they made some amazingly well-timed purchases and sales. @ajsadauskas @atomicpoet I remember someone writing a piece several months ago about the Twitter acquisition being entirely about Dogecoin and satisfying Saudi investors who are also heavily involved. The reception was disbelief and laughter. Doesn't look so funny now. @FLGLchicago @ajsadauskas @atomicpoet it's a small part of it, not the main thing. But yeah, they are definitely making sure to profit from doge. This spike although looks dramatic, it's not as big as when he first acquired twitter. The fact that spikes are getting smaller in size, could b a good thing. @laimis @ajsadauskas @atomicpoet The article I was thinking about, which I can't find, played it out to the collapse of the entire Western financial system, leaving Musk, Putin and the Saudis victors. Sounds like a conspiracy theory until it isn't. I was working at Yahoo! when another PayPal mafia charlatan tried to engineer a similar kind of transformation. @ajsadauskas @atomicpoet This was what I saw on #Tweetdeck this morning π NOTE: "Elon Musk asked a U.S. judge on Friday to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin."  @atomicpoet At this point they're just doing the crime in plain sight and know they won't suffer any repercussions. π€·ββοΈ @atomicpoet Elon's Twitter promoting Dogecoin - yep, that certainly makes it look like a sound investment! Run away! ... oh maybe there is no pump and dump, he's just laughing and rubbing in our faces the fact that he can do what he wants when he wants and get away with it. Like a teenager taunt @atomicpoet I'm sure nobody involved in that decision bought any Dogecoin beforehand. Definitely no market manipulation here! π π»ββοΈ @atomicpoet Weird Musk has antitrust charged getting investigated today for doing shit like this, that he'd do this today. You know.. Like a dumbass.  @atomicpoet Hello? SEC? I'd like to report a drive by market manipulation of a cryptocurrency. @atomicpoet If anyone falls for the pump and dump a third time I cant even blame Musk anymore @atomicpoet Cryptocurrency is not a currency. It is a blockchain-enabled, unregulated, unsafe, energy-wasting digital Ponzi scheme, based on nothing more than greed, in which we learn - again and again:  In a more conventional interpretation of the laws, intentional overt *Market Manipulation* would be considered illegal. @atomicpoet I really don't understand why, iirc musk is currently under investigation exactly because of stuff like this... why prove regulators right |
@atomicpoet I guess he had to offload some doge in a hurry.