Dogecoin to be used for micropayments on Twitter?

Abiky

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Quote from: hd49728 on February 17, 2023, 10:51:30 PM

Dogecoin is a Proof of Work coin and its network runs very fine by Dogecoin miners. Elon Musk has engaged in Dogecoin since the last three years and he was nothing for Dogecoin network. He is more engaged with Dogecoin manipulations on market only.

I think it is possible for Dogecoin to hit $1 in short period of time. If it makes a new all time high, it would far pass through $0.75 that is its current all time high. Maybe $1 will be seen if Elon Musk integrates Dogecoin to Twitter platform. If he does it, likely he will do it in 2024 bull run.

Dogecoin was "in the scene" way before Elon Musk started promoting it. If Elon Musk decides to abandon Dogecoin for the next big thing in crypto, prices will fall, but the Blockchain will keep "chugging" along as usual. We're expecting Mr. Musk to add DOGE to Twitter, as it would benefit crypto/Blockchain tech by a long shot. Mainstream adoption will soar, especially when there are many people using Twitter worldwide.

As to why Elon Musk is delaying the integration of DOGE into the social media platform, it could be for a number of reasons. Either he's afraid of facing scrutiny from the regulators, or just want to "play" with investors by "pumping" the coin's price with false promises. It's been quite a while since Twitter was acquired by Mr. Musk, anyways. What will happen in the future is mystery. You can be sure DOGE won't get that far in price because of the way it was designed. Who knows if it goes back to less than $0.01 someday? Just my thoughts Grin

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Quote from: hd49728 on February 17, 2023, 10:51:30 PM

You missed the text in the meme. The representative is Dogecoin but on the paper on the desk, the text is for Floki. Followers of Elon Musk took advantage of the meme and made or joined a short pump of $FLOKI. They are stupid enough to think that they will always get profit from those pumps and dumps.

Well stupid money pays as much as smart money, someimes even better. You just need to be the one who is getting the fomo money from meme people.

I totally understand that people see meme coins pointless but they are ignoring the fact that they don't even need good fundamentals. Their driving force is stupidity, fun and fomo and they don't need anything else to exist. And only thing killing them would be shortage of either stupidity, fun and fomo. And that's not going to happen.

That being said, i am not touching doge or inu or floki as long as elon is tweeting about them.

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Quote from: Abiky on January 19, 2023, 05:57:32 AM

Who needs Elon Musk anyways? I'm pretty sure Dogecoin will do well on its own, especially when there's a large community backing it every step of the way. If DOGE made it this far, it can achieve anything. I'd be surprised if it hits $1, even for a short period of time. Maybe DOGE gets to outlive most cryptocurrencies we know and love today?

Dogecoin is a Proof of Work coin and its network runs very fine by Dogecoin miners. Elon Musk has engaged in Dogecoin since the last three years and he was nothing for Dogecoin network. He is more engaged with Dogecoin manipulations on market only.

I think it is possible for Dogecoin to hit $1 in short period of time. If it makes a new all time high, it would far pass through $0.75 that is its current all time high. Maybe $1 will be seen if Elon Musk integrates Dogecoin to Twitter platform. If he does it, likely he will do it in 2024 bull run.

Quote from: ivankoh on February 16, 2023, 08:35:06 AM

That seems more open and seems to be coming. Elon continues to post pictures of a flamboyant dog in different styles that are very suggestive Grin

, maybe that's why Doge and Shiba reacted to this dynamic so strongly. We don't seem to know how he's going to do it but things seem to be working out for him.

You missed the text in the meme. The representative is Dogecoin but on the paper on the desk, the text is for Floki. Followers of Elon Musk took advantage of the meme and made or joined a short pump of $FLOKI. They are stupid enough to think that they will always get profit from those pumps and dumps.

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Quote

But so far, apart from restructuring the platform, censorship... we still don't know when?

That seems more open and seems to be coming. Elon continues to post pictures of a flamboyant dog in different styles that are very suggestive Grin

, maybe that's why Doge and Shiba reacted to this dynamic so strongly. We don't seem to know how he's going to do it but things seem to be working out for him.

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Quote from: n0ne on February 13, 2023, 06:27:17 PM

Quote from: DOH! on February 12, 2023, 03:26:28 AM

I guess most people were pretty excited when Musk bought out twitter. Because they will be hoping that he will build crypto payments features on twitter, specifically Doge and some web integration 3. That includes some supporters and enthusiastic like CZ. But so far, apart from restructuring the platform, censorship... we still don't know when? Personally I guess Musk will accept bitcoin first? the reason he needs value compensation for the loss of holding bitcoins in Tesla.

I'm not sure whether we're correct or wrong, it is really hard to analyse the billionaires mind. First of all he won't connect Twitter with cryptocurrency for some time period until the amount invested on Twitter was taken back. Right now he keeps adding more features and through that he makes it premium and tries to generate revenue out of it. Adding something of crypto to Twitter will boost the cryptomarket and this doesn't have much of impact over the Twitter.

When it comes to their mind decisions then it is really hard to guess on what these billionaire fellas do think on things around.Sure thing that they could really affect up the market on the time that they would really be

announcing or dealing up with something specially with Elon.We know on what he had done in the past which is something that manipulative but still he's activities and words do really still make out some significant
movement in the market which you can really tell that there are really still who those do really follow up fundamentals.

Dogecoin could neither be added up or not, no one really knows but if ever this one would be pushed through then we do know on whats next.

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Quote from: DOH! on February 12, 2023, 03:26:28 AM

I guess most people were pretty excited when Musk bought out twitter. Because they will be hoping that he will build crypto payments features on twitter, specifically Doge and some web integration 3. That includes some supporters and enthusiastic like CZ. But so far, apart from restructuring the platform, censorship... we still don't know when? Personally I guess Musk will accept bitcoin first? the reason he needs value compensation for the loss of holding bitcoins in Tesla.

I'm not sure whether we're correct or wrong, it is really hard to analyse the billionaires mind. First of all he won't connect Twitter with cryptocurrency for some time period until the amount invested on Twitter was taken back. Right now he keeps adding more features and through that he makes it premium and tries to generate revenue out of it. Adding something of crypto to Twitter will boost the cryptomarket and this doesn't have much of impact over the Twitter.

DOH!

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I guess most people were pretty excited when Musk bought out twitter. Because they will be hoping that he will build crypto payments features on twitter, specifically Doge and some web integration 3. That includes some supporters and enthusiastic like CZ. But so far, apart from restructuring the platform, censorship... we still don't know when? Personally I guess Musk will accept bitcoin first? the reason he needs value compensation for the loss of holding bitcoins in Tesla.

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Quote from: Abiky on January 19, 2023, 05:57:32 AM

Who needs Elon Musk anyways? I'm pretty sure Dogecoin will do well on its own, especially when there's a large community backing it every step of the way. If DOGE made it this far, it can achieve anything. I'd be surprised if it hits $1, even for a short period of time. Maybe DOGE gets to outlive most cryptocurrencies we know and love today? Just my thoughts Grin

They don't need them per sei, but exposure is always good in the grand scheme of things, and he kind of "delivers" here whether we like him or not (I'm neutral here), which is important not only because of the DOGE but in general for crypto.

Abiky

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Quote from: NFTmetria on January 17, 2023, 08:38:25 PM

If they add dogecoin, then they will add bitcoin. Most likely, Musk will not be limited to one specific cryptocurrency.

Well, good luck with that. Elon Musk often criticized Bitcoin's "high energy consumption", so it's very unlikely he will add it to Twitter anytime soon. Dogecoin is a better option not only because it consumes less energy than Bitcoin, but also because it's an inexpensive cryptocurrency that's perfect for day-to-day payments. It seems that Mr. Musk is losing money after his acquisition of the aforementioned social media platform, so adding DOGE would only become a distant dream.

Who needs Elon Musk anyways? I'm pretty sure Dogecoin will do well on its own, especially when there's a large community backing it every step of the way. If DOGE made it this far, it can achieve anything. I'd be surprised if it hits $1, even for a short period of time. Maybe DOGE gets to outlive most cryptocurrencies we know and love today? Just my thoughts Grin

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Quote from: uneng on January 15, 2023, 02:35:24 PM

Quote from: Inspiron14 on January 15, 2023, 11:12:21 AM

So far, Elon Musk hasn't tweeted about Doge yet and maybe the reason he is is that right now the market is bearish and Fomo will be more difficult,
Elon Musk is indeed very influential for Doge and it is very likely for Doge to become a Twitter micropayment, but that is still a problem.
and still Becomes a wish of the Dogecoin community, if realized then Doge really would be more than $1.

Elon Musk is now concerned regards global politics, receiving attention from social media's users, as he says to be going to leak internal informations from Twitter which affected the results of the american elections. It seems this is the new hype he wants to surf. Cryptocurrencies are now in second plan until further notice. Elon Musk is adopting an anti-vax agenda, with all its further conspiratorial segments, and feeding his public with this. Once he needs to play the "DOGE", "Bitcoin", "SHIB" or any other altcoin card again, he will do.

This seems to be the case, people need to understand that Elon is a practical person and if there is something he can use to his advantage then he will use it, and if something is useless to him then he will discard it, right now his interests are not on this market and I could even say he is not interested in Twitter itself either as technology or even as a business, what he cares about is the influence Twitter has and what he can do with it.

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If they add dogecoin, then they will add bitcoin. Most likely, Musk will not be limited to one specific cryptocurrency.

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Quote from: Inspiron14 on January 15, 2023, 11:12:21 AM

Quote from: Silberman on January 11, 2023, 01:32:17 PM

Quote from: Vaskiy on January 02, 2023, 06:35:44 PM

There are successful people out of investment on memecoins. A market shouldn't be of a same product, it needs to provide variety to its users. One such variety in cryptocurrency is the memecoins. These are for short term, if lucky you'll be profiting and if not you just need to ignore. Dogecoin to be used by Elon Musk might happen, but this isn't gonna make big push in the market.

No one denies that a lot of money can be made with meme coins, but what is the ratio of winners and losers? Or to put it in another way how many losers we have for each winner that claims to have made a fortune investing in meme coins? And the numbers are surely horrible, as people invest in those coins thinking about making some quick cash only to find out that instead of achieving their dreams of making a lot of money they instead lost it.

So far, Elon Musk hasn't tweeted about Doge yet and maybe the reason he is is that right now the market is bearish and Fomo will be more difficult,
Elon Musk is indeed very influential for Doge and it is very likely for Doge to become a Twitter micropayment, but that is still a problem.
and still Becomes a wish of the Dogecoin community, if realized then Doge really would be more than $1.

Elon Musk hadn't made any tweets, because his previous attempt to manipulate the market didn't give hands. People always have better observation over the market as they don't jump into the market without making proper analysis. Once it happened and for the same we can't expect the market get pushed by him. Dogecoin have got a good community that keeps its market moving forward amidst all market situations. Let's wait for the offical announcement than getting into speculation.

uneng

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Quote from: Woodie on January 15, 2023, 03:54:34 PM

This is heart breaking to read, but people need to understand the crypto markets are no playground, you need to know what you want and not allowing the markets not to tell you what you need! Unfortunately shiba coin came with a concept to deceive people and painted a picture that they will do what dodge failed to do of hitting a dollar as price etc.. unfortunately this was more less like a scripted movie and we know how it ends... But you know what, we can't win it all, you win some and you lose some it's the name of the game.

Yes, let's hope people have learnt the lesson with SHIB's fiasco. We can't win all the time, but we can learn with our mistakes to avoid commiting them again in the future. Nothing is wasted in this life if we can learn something in the end. I believe the investors who are here for 1 year at least must be more experienced on this matter already. What worries are the newbies who are entering crypto market now, so they still don't know how things work here and what methods scammers use to take advantage of naive investors.

It's also important to not take the word of speculative influencers in consideration when investing. In one moment they are endorsing it subliminally, on the next minute they aren't anymore.

BEFORE

AFTER

The same could happen regards micropayments in Twitter... At any moment he can say it has never been a possibility. Cheesy

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Now that Elon Musk is in the driver's seat of Twitter, he has not really done much in the lines of crypto and I really don't expect him too after his last tint of Bitcoins mining ways that sent prices tumbling down and people didn't like him for that. Dogecoin hasn't been in his vocabulary in a long time and I think his probably moved onto another coin, but only time will tell after he does some house cleaning with Twitter.

Quote from: uneng on January 11, 2023, 05:45:59 PM

Quote from: Silberman on January 11, 2023, 01:32:17 PM

Quote from: Vaskiy on January 02, 2023, 06:35:44 PM

There are successful people out of investment on memecoins. A market shouldn't be of a same product, it needs to provide variety to its users. One such variety in cryptocurrency is the memecoins. These are for short term, if lucky you'll be profiting and if not you just need to ignore. Dogecoin to be used by Elon Musk might happen, but this isn't gonna make big push in the market.

No one denies that a lot of money can be made with meme coins, but what is the ratio of winners and losers? Or to put it in another way how many losers we have for each winner that claims to have made a fortune investing in meme coins? And the numbers are surely horrible, as people invest in those coins thinking about making some quick cash only to find out that instead of achieving their dreams of making a lot of money they instead lost it.

I think this give us some estimation of how many are losing money with these "funny" tokens:

Almost 81% of Shiba Inu Investors are at Loss, Indicates Analysis

And that is the one they consider one of the best memecoins of the market, probably just after doge. Now imagine the percentage of investors in loss who have invested in alternative memecoins, hoping they were going to become the new hype of the industry. It's sad to see so many people are losing money for nothing, while they could be simply holding bitcoins and making their money grow on long term.

This is heartbreaking to read, but people need to understand the crypto markets are no playground, you need to know what you want and not allowing the markets not to tell you what you need! Unfortunately shiba coin came with a concept to deceive people and painted a picture that they will do what dodge failed to do of hitting a dollar as price etc.. unfortunately this was more less like a scripted movie and we know how it ends... But you know what, we can't win it all, you win some and you lose some it's the name of the game.

uneng

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Quote from: Silberman on January 14, 2023, 02:11:35 PM

Quote from: uneng on January 11, 2023, 05:45:59 PM

Quote from: Silberman on January 11, 2023, 01:32:17 PM

No one denies that a lot of money can be made with meme coins, but what is the ratio of winners and losers? Or to put it in another way how many losers we have for each winner that claims to have made a fortune investing in meme coins? And the numbers are surely horrible, as people invest in those coins thinking about making some quick cash only to find out that instead of achieving their dreams of making a lot of money they instead lost it.

I think this give us some estimation of how many are losing money with these "funny" tokens:

Almost 81% of Shiba Inu Investors are at Loss, Indicates Analysis

And that is the one they consider one of the best memecoins of the market, probably just after doge. Now imagine the percentage of investors in loss who have invested in alternative memecoins, hoping they were going to become the new hype of the industry. It's sad to see so many people are losing money for nothing, while they could be simply holding bitcoins and making their money grow on long term.

This is a very good analysis and this bring forward the next question, how many of those investors are going to at least breakeven? And while this is speculation I would guess that less than half of those users will get at least their money back when all is said and done, and if we compare this against bitcoin then we can easily understand why not only bitcoin is the best coin available but also the best possible option any newbie has when it comes to making money in this market, and yet most of those newbies refuse to look at the evidence and take unnecessary risks.

Let's see how further SHIB can go during the next bull run. I hope investors are able to at least recover the investment made, although I think it's not an easy task for SHIB to perform a 700% price increasement to hit its previous ATH, even in case the market looks pretty bullish.

Quote from: Inspiron14 on January 15, 2023, 11:12:21 AM

So far, Elon Musk hasn't tweeted about Doge yet and maybe the reason he is is that right now the market is bearish and Fomo will be more difficult,
Elon Musk is indeed very influential for Doge and it is very likely for Doge to become a Twitter micropayment, but that is still a problem.
and still Becomes a wish of the Dogecoin community, if realized then Doge really would be more than $1.

Elon Musk is now concerned regards global politics, receiving attention from social media's users, as he says to be going to leak internal informations from Twitter which affected the results of the american elections. It seems this is the new hype he wants to surf. Cryptocurrencies are now in second plan until further notice. Elon Musk is adopting an anti-vax agenda, with all its further conspiratorial segments, and feeding his public with this. Once he needs to play the "DOGE", "Bitcoin", "SHIB" or any other altcoin card again, he will do.

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Quote from: Silberman on January 11, 2023, 01:32:17 PM

Quote from: Vaskiy on January 02, 2023, 06:35:44 PM

There are successful people out of investment on memecoins. A market shouldn't be of a same product, it needs to provide variety to its users. One such variety in cryptocurrency is the memecoins. These are for short term, if lucky you'll be profiting and if not you just need to ignore. Dogecoin to be used by Elon Musk might happen, but this isn't gonna make big push in the market.

No one denies that a lot of money can be made with meme coins, but what is the ratio of winners and losers? Or to put it in another way how many losers we have for each winner that claims to have made a fortune investing in meme coins? And the numbers are surely horrible, as people invest in those coins thinking about making some quick cash only to find out that instead of achieving their dreams of making a lot of money they instead lost it.

So far, Elon Musk hasn't tweeted about Doge yet and maybe the reason he is is that right now the market is bearish and Fomo will be more difficult,
Elon Musk is indeed very influential for Doge and it is very likely for Doge to become a Twitter micropayment, but that is still a problem.
and still Becomes a wish of the Dogecoin community, if realized then Doge really would be more than $1.

Silberman

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Quote from: uneng on January 11, 2023, 05:45:59 PM

Quote from: Silberman on January 11, 2023, 01:32:17 PM

No one denies that a lot of money can be made with meme coins, but what is the ratio of winners and losers? Or to put it in another way how many losers we have for each winner that claims to have made a fortune investing in meme coins? And the numbers are surely horrible, as people invest in those coins thinking about making some quick cash only to find out that instead of achieving their dreams of making a lot of money they instead lost it.

I think this give us some estimation of how many are losing money with these "funny" tokens:

Almost 81% of Shiba Inu Investors are at Loss, Indicates Analysis

And that is the one they consider one of the best memecoins of the market, probably just after doge. Now imagine the percentage of investors in loss who have invested in alternative memecoins, hoping they were going to become the new hype of the industry. It's sad to see so many people are losing money for nothing, while they could be simply holding bitcoins and making their money grow on long term.

This is a very good analysis and this bring forward the next question, how many of those investors are going to at least breakeven? And while this is speculation I would guess that less than half of those users will get at least their money back when all is said and done, and if we compare this against bitcoin then we can easily understand why not only bitcoin is the best coin available but also the best possible option any newbie has when it comes to making money in this market, and yet most of those newbies refuse to look at the evidence and take unnecessary risks.

uneng

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Quote from: Silberman on January 11, 2023, 01:32:17 PM

Quote from: Vaskiy on January 02, 2023, 06:35:44 PM

There are successful people out of investment on memecoins. A market shouldn't be of a same product, it needs to provide variety to its users. One such variety in cryptocurrency is the memecoins. These are for short term, if lucky you'll be profiting and if not you just need to ignore. Dogecoin to be used by Elon Musk might happen, but this isn't gonna make big push in the market.

No one denies that a lot of money can be made with meme coins, but what is the ratio of winners and losers? Or to put it in another way how many losers we have for each winner that claims to have made a fortune investing in meme coins? And the numbers are surely horrible, as people invest in those coins thinking about making some quick cash only to find out that instead of achieving their dreams of making a lot of money they instead lost it.

I think this give us some estimation of how many are losing money with these "funny" tokens:

Almost 81% of Shiba Inu Investors are at Loss, Indicates Analysis

And that is the one they consider one of the best memecoins of the market, probably just after doge. Now imagine the percentage of investors in loss who have invested in alternative memecoins, hoping they were going to become the new hype of the industry. It's sad to see so many people are losing money for nothing, while they could be simply holding bitcoins and making their money grow on long term.

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Quote from: Silberman on January 11, 2023, 01:32:17 PM

Quote from: Vaskiy on January 02, 2023, 06:35:44 PM

There are successful people out of investment on memecoins. A market shouldn't be of a same product, it needs to provide variety to its users. One such variety in cryptocurrency is the memecoins. These are for short term, if lucky you'll be profiting and if not you just need to ignore. Dogecoin to be used by Elon Musk might happen, but this isn't gonna make big push in the market.

No one denies that a lot of money can be made with meme coins, but what is the ratio of winners and losers? Or to put it in another way how many losers we have for each winner that claims to have made a fortune investing in meme coins? And the numbers are surely horrible, as people invest in those coins thinking about making some quick cash only to find out that instead of achieving their dreams of making a lot of money they instead lost it.

Some do make money but lots do have lost theirs and this is commonly into those people who are really that expecting that much when it comes to their meme coin investment just because they do let themselves

get dragged with the hype which is really he main mistake for most people and do overlook.They would really be just only realizing that they have done the wrong thing on the time that they had lost money.

Going back into that Dogecoin to be used on micropayments on Twitter then pretty sure that there would be some considerations but it would always boils down on the decision of its
CEO/Owner Musk on considering such action but basing off with his activities or involvement on running this company then it is really that unlikely to happen.

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Quote from: Vaskiy on January 02, 2023, 06:35:44 PM

There are successful people out of investment on memecoins. A market shouldn't be of a same product, it needs to provide variety to its users. One such variety in cryptocurrency is the memecoins. These are for short term, if lucky you'll be profiting and if not you just need to ignore. Dogecoin to be used by Elon Musk might happen, but this isn't gonna make big push in the market.

No one denies that a lot of money can be made with meme coins, but what is the ratio of winners and losers? Or to put it in another way how many losers we have for each winner that claims to have made a fortune investing in meme coins? And the numbers are surely horrible, as people invest in those coins thinking about making some quick cash only to find out that instead of achieving their dreams of making a lot of money they instead lost it.

Topic: Dogecoin to be used for micropayments on Twitter? (Read 1594 times)