Dogecoin to be used for micropayments on Twitter? - page 4.

isaac_clarke22

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Quote from: Abiky on October 15, 2022, 08:25:23 PM

~

You could be right considering how many followers he has in Twitter, though I would not even try to buy the hype. It is not just worth wasting my time and energy following a random celebrity in the internet and it also involves crypto so.....

Addition of cryptos as micropayments would not affect anything though since I do not think that people would go into Twitter to involve their money, let alone Paypal including cryptos back then that did not even become popular of a feature.

Let the guy be the guy. There ain't anything we can do about it anyway.

tvplus006

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Quote from: TribalBob on October 16, 2022, 08:28:49 AM

...but I can't understand why doge has to be Elon's choice for this, why not just btc or eth maybe bnb

Elon Musk has never hidden the fact that he is a Doge hodler. And in February last year, he bought dogecoin for his youngest son https://twitter.com/elonmusk/status/1359519541219500033 So it would be logical to further expand the use of Doge in everyday life, which must necessarily entail an increase in the value of the coin, and, accordingly, the profit of the Mask.

wxa7115

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Quote from: len01 on October 13, 2022, 12:24:15 AM

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.

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.

tbct_mt2

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Quote from: LogitechMouse on October 17, 2022, 09:40:50 PM

One of the use case of DOGE is for online tipping. Now, DOGE is a few steps away from reaching that use case with the help of Elon Musk. Now the only question is, will he really integrate crypto online tipping in Twitter if incase he will be the new owner of Twitter.

If a coin is available at crypto payment gateways like Coinpayments.net, Coingate.com, Coinsbee.com, nowpayments.io and more similar payment gateways, it would be easy to be used as a tipping method.

The challenge for Dogecoin now is just whether Twitter accepts to add it as a tipping method on Twitter. If they want to do it, the process would be done quickly.

LogitechMouse

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Quote from: Abiky on October 09, 2022, 08:05:29 PM

Knowing that the billionaire is a huge fan of Dogecoin, it's possible he will integrate the cryptocurrency into the platform for micropayments (micro-tipping).

On one website, I saw what the use case of DOGE and this is one:

Quote from: Abiky on October 09, 2022, 08:05:29 PM

I'm wondering what effect will this have into DOGE's price if successfully implemented? Will DOGE be able to finally get past $1 per coin? Or will it never happen? Also, I fail to see how DOGE would be used massively on Twitter when the cryptocurrency doesn't have enough transaction capacity to serve millions of users around the world. There's no LN or on-chain scaling solution yet, so developers are going to have to work on something if they want DOGE to be widely adopted worldwide. What are your thoughts? Huh

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.

Abiky

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Quote from: Smack That Ace on October 15, 2022, 10:19:57 PM

It's hard to say doge can't touch $1 because in 2021 it's already up to $0.7 and the gap isn't too far. Last year with the news that ELon was holding doge and accepting doge payments for some tesla products, he was able to pump it up to levels no one would have expected, along with becoming a twitter owner and integrating doge into twitter, I think more crazy things will happen. I see he is only interested in doge not shiba, if he chooses coin with many features or usecase, he will not choose memecoins. This is simply his game.

If DOGE went all the way to $0.70, then it can easily go to $1 in the future. All it takes is for demand to increase like crazy for such price to materialize. Elon Musk is an avid investor of Dogecoin, so he wouldn't let the opportunity of "pumping" the cryptocurrency's price slip away that easily. By adopting it as a micropayments tool for the social media platform, demand would effectively increase at a fast pace. After all, not everyone knows about the "meme" cryptocurrency yet.

Adding DOGE would bring the exposure necessary to pump the price all the way to the moon (or Mars for that matter). The market is bearish right now, making it impossible for $1 to happen anytime soon. But wait until everything settles, and you'll regret yourself not having invested into DOGE before. For what I know, the sky is the limit. As long as you don't put all of your life savings into Dogecoin, everything will be fine. Just my thoughts Grin

TribalBob

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Quote from: Abiky on October 09, 2022, 08:05:29 PM

It looks like Elon Musk is going to proceed with the $44B deal to buy Twitter as he has originally planned. The recent news of Elon Musk changing its mind again had a short pump in DOGE's price. If the deal goes through, that would mean Elon Musk will become the new owner of one of the world's most popular social media platforms. Knowing that the billionaire is a huge fan of Dogecoin, it's possible he will integrate the cryptocurrency into the platform for micropayments (micro-tipping).

I'm wondering what effect will this have into DOGE's price if successfully implemented? Will DOGE be able to finally get past $1 per coin? Or will it never happen? Also, I fail to see how DOGE would be used massively on Twitter when the cryptocurrency doesn't have enough transaction capacity to serve millions of users around the world. There's no LN or on-chain scaling solution yet, so developers are going to have to work on something if they want DOGE to be widely adopted worldwide. What are your thoughts? Huh

all is possible , the effect of elon on doge is huge in this past year , the price of doge will probably reach 1$ if elon make it a legal payment on twitter .

but I can't understand why doge has to be Elon's choice for this, why not just btc or eth maybe bnb

Smack That Ace

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Quote from: gunhell16 on October 14, 2022, 01:31:51 AM

Quote from: Abiky on October 09, 2022, 08:05:29 PM

It looks like Elon Musk is going to proceed with the $44B deal to buy Twitter as he has originally planned. The recent news of Elon Musk changing its mind again had a short pump in DOGE's price. If the deal goes through, that would mean Elon Musk will become the new owner of one of the world's most popular social media platforms. Knowing that the billionaire is a huge fan of Dogecoin, it's possible he will integrate the cryptocurrency into the platform for micropayments (micro-tipping).

I'm wondering what effect will this have into DOGE's price if successfully implemented? Will DOGE be able to finally get past $1 per coin? Or will it never happen? Also, I fail to see how DOGE would be used massively on Twitter when the cryptocurrency doesn't have enough transaction capacity to serve millions of users around the world. There's no LN or on-chain scaling solution yet, so developers are going to have to work on something if they want DOGE to be widely adopted worldwide. What are your thoughts? Huh

First of all, a Dogecoin cannot become 1$. Do you know how much market cap volume sir it will take? Second, if Elon Musk were to choose a meme coin to promote, I think he would prefer to choose Shiba Inu over dogecoin because Shiba has more features than Dogecoin. But this is just my own opinion Sir.

Besides that, the only thing that Elon Musk can do is to influence others to invest in the coin that he wants to promote, yes it is true that he can increase its value price but that does not mean that he can make it 1$ per coin, that's not the case as far as I know.

It's hard to say doge can't touch $1 because in 2021 it's already up to $0.7 and the gap isn't too far. Last year with the news that ELon was holding doge and accepting doge payments for some tesla products, he was able to pump it up to levels no one would have expected, along with becoming a twitter owner and integrating doge into twitter, I think more crazy things will happen. I see he is only interested in doge not shiba, if he chooses coin with many features or usecase, he will not choose memecoins. This is simply his game.

Abiky

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Quote from: gunhell16 on October 14, 2022, 01:31:51 AM

First of all, a Dogecoin cannot become 1$. Do you know how much market cap volume sir it will take? Second, if Elon Musk were to choose a meme coin to promote, I think he would prefer to choose Shiba Inu over dogecoin because Shiba has more features than Dogecoin. But this is just my own opinion Sir.

Besides that, the only thing that Elon Musk can do is to influence others to invest in the coin that he wants to promote, yes it is true that he can increase its value price but that does not mean that he can make it 1$ per coin, that's not the case as far as I know.

As they always say, "the sky is the limit". There's no limit to how farther Dogecoin will go as long as there's mainstream demand for it. I think it could reach $1 in the future if Elon Musk continues to liven up the hype. Adding the cryptocurrency as a micropayments tool would only add fuel to the fire. But first things first. Developers are going to need to scale the Dogecoin blockchain if they want it to be used by the masses. As I've said before, no one knows what's on Elon Musk's mind right now. He's extremely unpredictable at times, so he could either integrate DOGE into Twitter, choose another cryptocurrency, or do nothing about it. Mr. Musk could also backtrack from his deal of buying Twitter for $44B again, causing severe pain over Dogecoin's price. Nothing is set in stone, so the best thing we can do is wait and see what happens before deciding to invest into Dogecoin for the long term. Just my thoughts Grin

bitcampaign

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that's what I've been thinking since Elon officially bought twitter from the news we got a few days ago, i see like there is a future in dogecoin and i think what you think also in this thread, where dogecoin can be integrated into twitter as a micropayment tool , therefore I continue to buy Dogecoin as long as it is below $0.1 because I believe it will go to $1 after going through a process that runs from now on for the next few years

KaliLinux

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Quote from: BobK71 on October 14, 2022, 12:42:32 AM

Quote from: Pierre 2 on October 13, 2022, 11:28:32 PM

I don't think Elon Musk will show interest to Dogecoin that much until next bull run. He is obviously speculation guy. He kept speculating on Doge's price, probably he made quick fortune through it. I generally dislike him. He may increase crypto visibility anyways. Twitter is crypto friendly. Maybe Elon Musk can increase Blockchain interaction. I actually want Twitter to have its own altcoin. But Doge as micropayment option sounds nice.

Actually, We are very much enthusiast about Elon Musk but he is not. He just believe that emotions should be ignored in business. The biggest mistake was made in 2021 by the investors. There is no guarantee that Elon Musk will use Doge Coin as micropayments if he buys Twitter. So don't expect too much. One should never invest depending on him.

Exactly, I hope people wouldn't start investing in Dogecoin hoping that there is something huge coming out of it if Elon musk was to eventually conclude this Twitter deal meanwhile, there is also this happening now, Elon Musk is under federal investigations, Twitter says in court filing How do we know that with this investigation, Musk will still be willing to close the deal and what is with the back and forth from him anyways.

newdevices

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Quote from: BobK71 on October 14, 2022, 12:42:32 AM

Quote from: Pierre 2 on October 13, 2022, 11:28:32 PM

I don't think Elon Musk will show interest to Dogecoin that much until next bull run. He is obviously speculation guy. He kept speculating on Doge's price, probably he made quick fortune through it. I generally dislike him. He may increase crypto visibility anyways. Twitter is crypto friendly. Maybe Elon Musk can increase Blockchain interaction. I actually want Twitter to have its own altcoin. But Doge as micropayment option sounds nice.

Actually, We are very much enthusiast about Elon Musk but he is not. He just believe that emotions should be ignored in business. The biggest mistake was made in 2021 by the investors. There is no guarantee that Elon Musk will use Doge Coin as micropayments if he buys Twitter. So don't expect too much. One should never invest depending on him.

Elon Musk is a fan of Dogecoin, and if Twitter was bought by Elon Musk then we certainly shouldn't be surprised about the micropayments there,
because Doge and Bitcoin would be good choices for Elon, this is why we should all buy Doge in the long term, because Bull for The doge isn't over yet.

gunhell16

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Quote from: Abiky on October 09, 2022, 08:05:29 PM

It looks like Elon Musk is going to proceed with the $44B deal to buy Twitter as he has originally planned. The recent news of Elon Musk changing its mind again had a short pump in DOGE's price. If the deal goes through, that would mean Elon Musk will become the new owner of one of the world's most popular social media platforms. Knowing that the billionaire is a huge fan of Dogecoin, it's possible he will integrate the cryptocurrency into the platform for micropayments (micro-tipping).

I'm wondering what effect will this have into DOGE's price if successfully implemented? Will DOGE be able to finally get past $1 per coin? Or will it never happen? Also, I fail to see how DOGE would be used massively on Twitter when the cryptocurrency doesn't have enough transaction capacity to serve millions of users around the world. There's no LN or on-chain scaling solution yet, so developers are going to have to work on something if they want DOGE to be widely adopted worldwide. What are your thoughts? Huh

First of all, a Dogecoin cannot become 1$. Do you know how much market cap volume sir it will take? Second, if Elon Musk were to choose a meme coin to promote, I think he would prefer to choose Shiba Inu over dogecoin because Shiba has more features than Dogecoin. But this is just my own opinion Sir.

Besides that, the only thing that Elon Musk can do is to influence others to invest in the coin that he wants to promote, yes it is true that he can increase its value price but that does not mean that he can make it 1$ per coin, that's not the case as far as I know.

BobK71

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Quote from: Pierre 2 on October 13, 2022, 11:28:32 PM

I don't think Elon Musk will show interest to Dogecoin that much until next bull run. He is obviously speculation guy. He kept speculating on Doge's price, probably he made quick fortune through it. I generally dislike him. He may increase crypto visibility anyways. Twitter is crypto friendly. Maybe Elon Musk can increase Blockchain interaction. I actually want Twitter to have its own altcoin. But Doge as micropayment option sounds nice.

Actually, We are very much enthusiast about Elon Musk but he is not. He just believe that emotions should be ignored in business. The biggest mistake was made in 2021 by the investors. There is no guarantee that Elon Musk will use Doge Coin as micropayments if he buys Twitter. So don't expect too much. One should never invest depending on him.

Pierre 2

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I don't think Elon Musk will show interest to Dogecoin that much until next bull run. He is obviously speculation guy. He kept speculating on Doge's price, probably he made quick fortune through it. I generally dislike him. He may increase crypto visibility anyways. Twitter is crypto friendly. Maybe Elon Musk can increase Blockchain interaction. I actually want Twitter to have its own altcoin. But Doge as micropayment option sounds nice.

Abiky

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Quote from: Luffygroove on October 12, 2022, 10:39:28 PM

Dogecoin is useless until it evolves beyond its current role as a meme currency. Tokens and coins, as you mentioned, need to have high scalability if they are to be employed on a large scale. What happens if a meme coin is never optimized for its intended utility? chaos. Therefore, it is preferable for the developer to think about future work to make DogeCoin ready for that before DogeCoin might be used for any practical use case.

I guess with Elon Musk into Dogecoin, developers will start taking things seriously to make it scale towards millions of users worldwide. Either they take the on-chain scaling route, or shift themselves to Layer-2 (eg: Lightning Network). It would be surprising to see Mr. Musk donating a portion of his money into the Dogecoin Foundation just to help with the development of the project. Not only that would make the coin more useful in the long run, but it will have a positive effect over its price within the long term.

I love DOGE because it's much faster and cheaper to use than Bitcoin, Litecoin, or even Ethereum. It's only great as digital cash than a store of value because of the way it was designed. Integrating it into Twitter for micropayments would be a great idea, as that would increase Dogecoin's exposure to the mainstream world. No one knows what's in Elon Musk's mind right now, so we can only hope for the best. Just my opinion

ryzaadit

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I don't think is his priority.

Most the time could be priority "Bitcoin" rather than "Dogecoin" however, IMO the tips procedure on "tweeter" can be using third service parties. Even before tweeter are gonna to install this feature.

We already can using by third parties.

Anonymous100

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Quote from: Abiky on October 09, 2022, 08:05:29 PM

It looks like Elon Musk is going to proceed with the $44B deal to buy Twitter as he has originally planned. The recent news of Elon Musk changing its mind again had a short pump in DOGE's price. If the deal goes through, that would mean Elon Musk will become the new owner of one of the world's most popular social media platforms. Knowing that the billionaire is a huge fan of Dogecoin, it's possible he will integrate the cryptocurrency into the platform for micropayments (micro-tipping).

I'm wondering what effect will this have into DOGE's price if successfully implemented? Will DOGE be able to finally get past $1 per coin? Or will it never happen? Also, I fail to see how DOGE would be used massively on Twitter when the cryptocurrency doesn't have enough transaction capacity to serve millions of users around the world. There's no LN or on-chain scaling solution yet, so developers are going to have to work on something if they want DOGE to be widely adopted worldwide. What are your thoughts? Huh

If Elon Musk is ready to spend 44 billion dollars to pump up the price of Dogecoin, of course Dogecoin will be at number 4 Coinmarketcap. With a note the prices of other coins are not pumped at the same time.

Will Dogecoin reach $1?
Let's count:
That means the price of Dogecoin is $0.389894xxxxxx

BobK71

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The most widely known social media nowadays is Twitter. And this Twitter has been discussed for quite some time. Will Elon Musk really buy it? I personally believe that if Elon Musk actually bought Twitter, he might have plans for Doge Coin. If he is used as a micro payment method. Then undoubtedly Doge Coin is not only $1 dollar that could be $5 to $10. If it can reach 71 cents without utilities, then this big adoption will definitely get high demand in the market.

Crypt0Gore

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That's Elon's plan all along, this will surely happen if Elon ends up with Twitter and again this will give other Doge shit coins more reason to pump and also more Doge name projects will show up, I hope this move doesn't back fire on Elon as time goes on.

Topic: Dogecoin to be used for micropayments on Twitter? - page 4. (Read 1574 times)