Topic: Dogecoin to be used for micropayments on Twitter? - page 3. (Read 1574 times)
Today Dogecoin pump drastically almost 50% and better quite careful another bad news later, maybe for Dogecoin holder waiting almost five until seven months later to see how drastically pump Dogecoin. Impact have announced by Elon Musk with micropayments using Dogecoin at twitter. Little careful not guarantee with Dogecoin will reach higher price, seems few days later have popular discussing about Dogecoin reach higher price drastically and if you have reach profit better take it and waiting for opportunity open short at future trading, don't try to buy right now and better waiting if Dogecoin have drop few days later.
Not quite impossible but perhaps only for the fun of it. Elon will still probably boast bitcoin and use dogecoin as the means to get the word out. Mind you, this guy's companies still have a huge holding of BTC and now that he controls the whole of Twitter, he can easily do whatever marketing or promotion he wants to get in there. Micropayments in pre-funded bitcoin twitter accounts might even be a thing and not necessarily dogecoin, but as of this moment I think he's busy getting the 'edit' feature up and running (lol) and the restructuring of the company as a whole.
Why? Why Dogecoin? We all know Dogecoin is a meme coin that was built by forking Bitcoin.
So for me, this is impossible to happen (Only Dogecoin) Maybe in the future, there are lot of options buy major are the high market cap coins,
primary for sure will be Bitcoin (Lightning network also), Ethereum, and many more.
Elon Musk often makes hype on Dogecoin, so you shouldn't be so surprised about it. So for me, this is impossible to happen (Only Dogecoin) Maybe in the future, there are lot of options buy major are the high market cap coins,
primary for sure will be Bitcoin (Lightning network also), Ethereum, and many more.
However, I am not sure if Dogecoin really to be micropayments on Twitter. Elon Musk must consider it again, it will be the same as Tesla revokes the payment for Tesla products with BTC previously. Of course, Bitcoin or Ethereum ideally is a better option. Elon Musk should consider a better coin if he is really serious to use crypto coins for micropayments on Twitter.
This is already pumping, sadly I have just few left, I will need to bridge from dogechain to mainet and wait for possible more ballistic from Elon Musk tweets. I really wonder why they will choose dogecoin for payment with it slow network.
I was actually waiting for this but I didn't buy and now I regret it. When Twitter deal is done it was obvious Elon would do something about Doge. I was feeling it but for some reason I didn't take action. Probably because we were still not in bull run then and there was no signs of it.
I don't know if he makes something about Doge to use in Twitter but one thing is for sure, he will take care of his investment in both sides.
This is already pumping, sadly I have just few left, I will need to bridge from dogechain to mainet and wait for possible more ballistic from Elon Musk tweets. I really wonder why they will choose dogecoin for payment with it slow network.
I was surprised that so little is written about Dogecoin. After the big deal from Elon Musk and Twitter, maybe DOGE1 Start in the next months? The old "Doge to the Moon" videos of him will be circulating again in the next few days. And the integration of Doge on Twitter should also be discussed again. I think the chance it happening is much higher now. Reminder: Old tweets like this are now coming back:
Source: https://twitter.com/elonmusk/status/1538406040374595585
Source: https://twitter.com/elonmusk/status/1538406040374595585
The information Elon Musk shares on social media is unreliable. You can't believe anything he says. Although the lawsuit has been decided, I do not expect the purchase of Twitter to be delayed this long even after the ruling. I wonder where the news of Twitter adopting doge came from. He dumped the market with the news of green energy mining after selling 75% of the bitcoin without notice. It is not known whether the doge was sold, which may have been concealed.
Traders and investors need to become way more wary of what Musk posts on his Twitter account, it is known he likes to troll people and who in his right mind would risk the money it has taken them years to accumulate just because a billionaire posts a tweet?Besides the coin which he has decided to support is one which has been the joke of this market for years, and we are supposed to believe that somehow just because Musk now supports it there has been a qualitative change in that coin? Dogecoin was a terrible coin to invest your money before Musk showed its support and despite his backing this is still true, so regardless of how much dogecoin supporters refuse to accept this fact we need to stay away from this coin.
I want to tell everyone that so far he has not actually owned twitter and it is very likely that he will continue to get involved in another lawsuit related to twitter, so doge adoption on this social network won't happen anytime soon.
He chooses dogecoin over bitcoin simply because bitcoin market is much bigger than dogecoin market and it will become easier to manipulate than bitcoin. As you said, he is very good at making money and I believe he chose doge for that reason and not because of the technology or the future of the crypto industry.
https://www.yahoo.com/news/us-government-considering-national-security-121824528.html
He chooses dogecoin over bitcoin simply because bitcoin market is much bigger than dogecoin market and it will become easier to manipulate than bitcoin. As you said, he is very good at making money and I believe he chose doge for that reason and not because of the technology or the future of the crypto industry.
https://www.yahoo.com/news/us-government-considering-national-security-121824528.html
We're going to have to see whenever the deal will settle as planned, or Elon Musk will change his mind again. If the lawsuit goes in, don't expect Dogecoin's price to rise anytime soon. Mr. Musk is a smart person, so he would do anything that's in his best self interest. By purchasing Twitter and adding DOGE to the platform, crypto will dive deep into the mainstream. This will be beneficial for Elon Musk himself, as it would cause DOGE's price to soar like crazy. It's likely the "meme" coin will go to $1 if the market isn't that bearish. All of the options are on the table, so it wouldn't hurt to buy some DOGE just in case. Just my thoughts
Elon has been pumping doge for over a year now. Whenever he can he sends out some doge tweet and the currency goes pumping like crazy within seconds.
He probably won’t try this because i don’t think anyone would use it. Nobody holds doge, even crypto holders and people won’t buy it just to send someone a tip on Twitter.
He probably won’t try this because i don’t think anyone would use it. Nobody holds doge, even crypto holders and people won’t buy it just to send someone a tip on Twitter.
If that is the case then, it would be more than a meme coin that looks unreal because dogecoin is not made like this rather it's just a random coin that is used by Elon Musk to manipulate the crypto market. newbie investors should be a little more careful because this is the kind of coin where the real volatility happens. Those who buy the coin at a high price should really careful and take advantage whenever they see that they will gonna get a profit and with this, they won't gonna regret it if the price will suddenly drop.
Dogecoin currently is traded around $0.06 that is a very good entry. Price chart still has an open gap under $0.06 but it is a good support for Dogecoin. I believe it will bounce back from $0.06 to about $0.1 to $0.12. I don't wish Dogecoin to hit $1 and $0.12 is enough for me in a bear market.
You are right too that Dogecoin only can hit $1 if there are two conditions occur: Bitcoin is in its bull market. Dogecoin gets a massive support and an explosive news like being accepted at Twitter as one of its payment methods.
That is your opinion, you think that it is a good price to buy and it will go up when the bull run comes. But I personally believe that it will not do well, and it will be doing quite terrible in the long run. While everything goes from 2x to 10x, this will not and it will cause the price to drop a lot as well.You are right too that Dogecoin only can hit $1 if there are two conditions occur: Bitcoin is in its bull market. Dogecoin gets a massive support and an explosive news like being accepted at Twitter as one of its payment methods.
I am not saying it is a bad investment, if you want to invest into it then go ahead, but I believe there are better investments out there and that is a lot better to look for, if there is something better than why go ahead and invest like that? It doesn't matter if you are investing at something that goes up, only if it goes up better than others.
This issue has been heard for a long time and every day Elon is getting more and more excited to pump Doge, I'm not sure Doge will be 1$ but as we know in the crypto cycle no one knows the direction and value that will be created whether it will go up or flat, everyone can speculate In this case, we can only see and confirm when the time comes
Why? Why Dogecoin? We all know Dogecoin is a meme coin that was built by forking Bitcoin.
Elon musk loves dogecoin, he was promoting it for the last bull market and as a result, dogecoin grew massively and almost reaching the $1 price. If he was to use any cryptocurency for his newly acquired social platform (Twitter) then it has to be dogecoin. Also Elon musk is different, he enjoys doing extra ordinary things. Some weeks back, he launched his perfume line. For someone as rich as he is, you'll think things like that aren't necessarily important but still, those are things he find interesting, he loves taking on new challenges and making dogecoin popular has been on his list from his past behaviors.
Overall this will be huge for the market, if Elon does make used of dogecoin as a micropayments on twitter. The news alone will bring in more investors and other cryptocurrency will stand to benefit.
He has held a lot of Dogecoin since the start and he even promoted this on Twitter before since he bought Twitter, there is no doubt he will use Dogecoin as a micropayment. I now start thinking about how much Dogecoin he has and why he choose this instead of BTC.
Do you think this strategy will become good and how about the Lightning network of BTC that can be used in micropayment?
I want to tell everyone that so far he has not actually owned twitter and it is very likely that he will continue to get involved in another lawsuit related to twitter, so doge adoption on this social network won't happen anytime soon.
He chooses dogecoin over bitcoin simply because bitcoin market is much bigger than dogecoin market and it will become easier to manipulate than bitcoin. As you said, he is very good at making money and I believe he chose doge for that reason and not because of the technology or the future of the crypto industry.
https://www.yahoo.com/news/us-government-considering-national-security-121824528.html
you have a point on this. of course, he is a businessman, so he would look at cryptocurrency which he thinks he has advantage of when it comes to generating money. with doge, he is already in touch with the developers of this old meme alt so he can easily influence their developments if he wants to.
but til then, let's see how his getting a hold of twitter pans out. because if he will indeed take control of its ownership, the likelihood that doge will be integrated on this platform is very likely.
Why? Why Dogecoin? We all know Dogecoin is a meme coin that was built by forking Bitcoin.
Elon musk loves dogecoin, he was promoting it for the last bull market and as a result, dogecoin grew massively and almost reaching the $1 price. If he was to use any cryptocurency for his newly acquired social platform (Twitter) then it has to be dogecoin. Also Elon musk is different, he enjoys doing extra ordinary things. Some weeks back, he launched his perfume line. For someone as rich as he is, you'll think things like that aren't necessarily important but still, those are things he find interesting, he loves taking on new challenges and making dogecoin popular has been on his list from his past behaviors.
Overall this will be huge for the market, if Elon does make used of dogecoin as a micropayments on twitter. The news alone will bring in more investors and other cryptocurrency will stand to benefit.
He has held a lot of Dogecoin since the start and he even promoted this on Twitter before since he bought Twitter, there is no doubt he will use Dogecoin as a micropayment. I now start thinking about how much Dogecoin he has and why he choose this instead of BTC.
Do you think this strategy will become good and how about the Lightning network of BTC that can be used in micropayment?
I want to tell everyone that so far he has not actually owned twitter and it is very likely that he will continue to get involved in another lawsuit related to twitter, so doge adoption on this social network won't happen anytime soon.
He chooses dogecoin over bitcoin simply because bitcoin market is much bigger than dogecoin market and it will become easier to manipulate than bitcoin. As you said, he is very good at making money and I believe he chose doge for that reason and not because of the technology or the future of the crypto industry.
https://www.yahoo.com/news/us-government-considering-national-security-121824528.html
Why? Why Dogecoin? We all know Dogecoin is a meme coin that was built by forking Bitcoin.
Elon musk loves dogecoin, he was promoting it for the last bull market and as a result, dogecoin grew massively and almost reaching the $1 price. If he was to use any cryptocurency for his newly acquired social platform (Twitter) then it has to be dogecoin. Also Elon musk is different, he enjoys doing extra ordinary things. Some weeks back, he launched his perfume line. For someone as rich as he is, you'll think things like that aren't necessarily important but still, those are things he find interesting, he loves taking on new challenges and making dogecoin popular has been on his list from his past behaviors.
Overall this will be huge for the market, if Elon does make used of dogecoin as a micropayments on twitter. The news alone will bring in more investors and other cryptocurrency will stand to benefit.
He has held a lot of Dogecoin since the start and he even promoted this on Twitter before since he bought Twitter, there is no doubt he will use Dogecoin as a micropayment. I now start thinking about how much Dogecoin he has and why he choose this instead of BTC.
Do you think this strategy will become good and how about the Lightning network of BTC that can be used in micropayment?
after reading this thread i remember yesterday reading in another thread with the title "be careful investing in coins starred by celebrities".
maybe there is little in common and can think of Elon Musk like the richest celebrity in the world.
it could happen when Elon musk implements what he had planned and it is likely that the price of dogecoin will rise again like last year. but am i wrong if i think it will all be a temporary hype like last year? when a tweet on twitter popped up and everyone was chasing dogecoin and the price was pumped after that it was dumped again.
but we will never know what will happen in the year to come and what is certain is that if Elon musk were to do that, it would certainly be a short term hype again
That is a good advice, but not many people are going to listen to that kind of advice and the reason is they legitimately believe they will obtain profits when dogecoin or another meme coin pumps, and when people are in that state in which they are only thinking about the profits they can get then those people are never going to listen to our warnings.maybe there is little in common and can think of Elon Musk like the richest celebrity in the world.
it could happen when Elon musk implements what he had planned and it is likely that the price of dogecoin will rise again like last year. but am i wrong if i think it will all be a temporary hype like last year? when a tweet on twitter popped up and everyone was chasing dogecoin and the price was pumped after that it was dumped again.
but we will never know what will happen in the year to come and what is certain is that if Elon musk were to do that, it would certainly be a short term hype again
So there is not much we can do except to keep warning them about this and hope that some of them listen to our advice.
I have personally never invested into doge or any other meme, and I have not made any profits from it neither, but I am fine with not losing any money from it as well. That's the key point, if you are not losing any money at all then you are doing the right thing eventually as well. This doesn't mean that you should never invest into anything just because you could lose, but at least the thing you invest into should have some fundamentally solid reason to go up.
Why? Why Dogecoin? We all know Dogecoin is a meme coin that was built by forking Bitcoin.
Elon musk loves dogecoin, he was promoting it for the last bull market and as a result, dogecoin grew massively and almost reaching the $1 price. If he was to use any cryptocurency for his newly acquired social platform (Twitter) then it has to be dogecoin. Also Elon musk is different, he enjoys doing extra ordinary things. Some weeks back, he launched his perfume line. For someone as rich as he is, you'll think things like that aren't necessarily important but still, those are things he find interesting, he loves taking on new challenges and making dogecoin popular has been on his list from his past behaviors.
Overall this will be huge for the market, if Elon does make used of dogecoin as a micropayments on twitter. The news alone will bring in more investors and other cryptocurrency will stand to benefit.
oin
snipped
The all time high of Dogecoin is about $0.64, not far to $1.snipped
Dogecoin currently is traded around $0.06 that is a very good entry. Price chart still has an open gap under $0.06 but it is a good support for Dogecoin. I believe it will bounce back from $0.06 to about $0.1 to $0.12. I don't wish Dogecoin to hit $1 and $0.12 is enough for me in a bear market.
You are right too that Dogecoin only can hit $1 if there are two conditions occur: Bitcoin is in its bull market. Dogecoin gets a massive support and an explosive news like being accepted at Twitter as one of its payment methods.
After the said event and big news, Dogecoin is moving up, and people are expecting a price rally. Well, we know the huge community of Dogecoin that is a big factor. However, it was not the right time to expect Dogecoin to hit $1 unless we are in bull season. I couldn't assume this even reach that far but of course, we can't deny the fact that Elon Musk can manipulate the market if he wants.
oin
The only way DOGE will reach $1 is if Elon Musk "pumps" the price with its acquisition of Twitter. Bitcoin would also need to reach a new All-time-high in price for DOGE to retain its prices for the long term. Don't get me wrong, but Dogecoin is a pretty good cryptocurrency for micropayments. It's perfectly fine just the way it is. Sometimes I think a high-priced DOGE would limit the cryptocurrency's ability to be used by a wider audience. The unlimited supply of Dogecoin, tells us developers created it to be used as a currency (not as a store of value like Bitcoin). Crypto land has come up with its surprises, so who knows if DOGE holders get lucky someday? Just my thoughts
The all time high of Dogecoin is about $0.64, not far to $1.The only way DOGE will reach $1 is if Elon Musk "pumps" the price with its acquisition of Twitter. Bitcoin would also need to reach a new All-time-high in price for DOGE to retain its prices for the long term. Don't get me wrong, but Dogecoin is a pretty good cryptocurrency for micropayments. It's perfectly fine just the way it is. Sometimes I think a high-priced DOGE would limit the cryptocurrency's ability to be used by a wider audience. The unlimited supply of Dogecoin, tells us developers created it to be used as a currency (not as a store of value like Bitcoin). Crypto land has come up with its surprises, so who knows if DOGE holders get lucky someday? Just my thoughts
Dogecoin currently is traded around $0.06 that is a very good entry. Price chart still has an open gap under $0.06 but it is a good support for Dogecoin. I believe it will bounce back from $0.06 to about $0.1 to $0.12. I don't wish Dogecoin to hit $1 and $0.12 is enough for me in a bear market.
You are right too that Dogecoin only can hit $1 if there are two conditions occur: Bitcoin is in its bull market. Dogecoin gets a massive support and an explosive news like being accepted at Twitter as one of its payment methods.
There is a possibility.
Possibility that DOGE pump but I don't see it reaching to a dollar knowing that one feature of the coin is it has an unlimited amount of supply. TBH it's hard and I don't expect it to go 1$ but maybe with the help of Elon and Twitter, the impossible might be possible.
Possibility that DOGE pump but I don't see it reaching to a dollar knowing that one feature of the coin is it has an unlimited amount of supply. TBH it's hard and I don't expect it to go 1$ but maybe with the help of Elon and Twitter, the impossible might be possible.
The only way DOGE will reach $1 is if Elon Musk "pumps" the price with its acquisition of Twitter. Bitcoin would also need to reach a new All-time-high in price for DOGE to retain its prices for the long term. Don't get me wrong, but Dogecoin is a pretty good cryptocurrency for micropayments. It's perfectly fine just the way it is. Sometimes I think a high-priced DOGE would limit the cryptocurrency's ability to be used by a wider audience. The unlimited supply of Dogecoin, tells us developers created it to be used as a currency (not as a store of value like Bitcoin). Crypto land has come up with its surprises, so who knows if DOGE holders get lucky someday? Just my thoughts
If implemented, I think this feature can boost dogecoin price considerably. As we can see, twitter is a strong political social media where every sides fight daily battles rising hashtags and influence to show they are the strongest side of the battlefield that is twitter or their country or even the world. With doge tips, these political movements can boost their results on the social media tipping their followers in real time while remaining relatively anonymous. I just think not every countries would allow this to happen for their respective citizens who use the platform. Probably this feature would be restricted to few countries only.
Jump to: