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Topic: Tesla accepting Bitcoin payments and ..... Doge ? - page 4. (Read 656 times)

legendary
Activity: 2338
Merit: 1124
Shiba is a meme coin.Dogecoin is a meme coin as well.
The big joke is that those meme coins have real value on the market.
Elon Musk is a type of guy,who would accept meme coins for his Tesla cars.He wants to prove a point.
Is doesn't matter how ridiculous a financial asset looks like,as long as the people believe in the asset(or the expected future price),the asset will have value on the market.This is basically finance for the fools.
All the "sheep" on the financial market think that a centralized meme coin has value,only because a guy like Elon Musk recommends that coin.This is a joke.
Because, it is the crypto world. As long as you are doing fine in the crypto world, there is really no reason to be something useful. Just be hyped and loved and that's it, there is no other need at all. I personally have done the same with few other coins before, it was useless tokens but I got in, it was hyped, and I got out. The token itself literally had no value, and did dropped to near zero levels eventually as well, but for a while at the start it was really loved and I used that to my advantage.

So, do not focus on finding stuff that are fundamentally strong if you are interested in simply making a quick profit, sure it is better to buy good ones if you are looking to be in there for a long time but getting in and out for an hour? That could be done with anything at all. This is why I am doing a lot better nowadays; I realize that my quick cash and my long term approaches could be totally different.
legendary
Activity: 3234
Merit: 5637
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All the "sheep" on the financial market think that a centralized meme coin has value,only because a guy like Elon Musk recommends that coin.This is a joke.

If we are to be honest, what percentage of the crypto market can be considered serious in the sense that some altcoin has some meaning and significance? They all originated after Bitcoin, and most were made to make a profit out of nothing. Pictorially presented, each flock wanders aimlessly without a shepherd, and when the shepherd appears all the sheep follow him - EM just leads the flock in a certain direction, the only question left is whether he did it on purpose or is it his way of having fun.

In addition, people have a very short-term memory, so most have forgotten that EM mentioned D coin in his tweet back in 2019.I wonder why there was no similar effect then Roll Eyes

https://twitter.com/elonmusk/status/1113173498384441344
hero member
Activity: 3150
Merit: 937
Shiba is a meme coin.Dogecoin is a meme coin as well.
The big joke is that those meme coins have real value on the market.
Elon Musk is a type of guy,who would accept meme coins for his Tesla cars.He wants to prove a point.
Is doesn't matter how ridiculous a financial asset looks like,as long as the people believe in the asset(or the expected future price),the asset will have value on the market.This is basically finance for the fools.
All the "sheep" on the financial market think that a centralized meme coin has value,only because a guy like Elon Musk recommends that coin.This is a joke.
legendary
Activity: 3808
Merit: 1723
The price of Doge seems to have increased a little since this news was first discovered. However it’s hard to say since pretty much everything is rallying. However there is speculation that since Tesla accepted Bitcoin in the past,
And musk said they would accept it again. People are fairly certain it will accept Bitcoin, that’s a given.

However musk had a poll a few months ago should doge be accepted at Tesla and 80% voted yes. So there is a good chance he is not going back on his word. And why would he add the Shiba or doge in the testing phase. Obviously there is a chance it might get accepted.

And if news comes out, depending when, it might cause doge to go to $1 a doge with this news. Hence why people are buying doge this week.
hero member
Activity: 1792
Merit: 507
Credit goes to the twitter user below

https://twitter.com/Tree_of_Alpha/status/1456332297393872899

Seems that Tesla is testing payment in Bitcoin and another coin called SHIBA. However upon investigation it seems that the coin is called SHIBA but when he did a test transaction the address started with D. And then he did a test payment on the Doge network and when the payment was accepted it confirmed on the Tesla servers.

Never in a million years would of I guessed that he was actually serious and would start accepting Doge. Was assuming he would accept Bitcoin and Ethereum. Definitely not Shiba or Doge.

Wonder if someone will actually buy an entire Tesla vehicle paid for by Dogecoin.


I think there are people who would decide to buy Tesla with DOGE or SHIBA, but I don't see any business need for such payments to be established. Of course, we can speculate what would happen if that will be done by Musk.. Certainly, the price of both meme coins would go up several times again, but in my opinion it is pointless and it will never happen.
full member
Activity: 1204
Merit: 100
Credit goes to the twitter user below

https://twitter.com/Tree_of_Alpha/status/1456332297393872899

Seems that Tesla is testing payment in Bitcoin and another coin called SHIBA. However upon investigation it seems that the coin is called SHIBA but when he did a test transaction the address started with D. And then he did a test payment on the Doge network and when the payment was accepted it confirmed on the Tesla servers.

Never in a million years would of I guessed that he was actually serious and would start accepting Doge. Was assuming he would accept Bitcoin and Ethereum. Definitely not Shiba or Doge.

Wonder if someone will actually buy an entire Tesla vehicle paid for by Dogecoin.



 
Tesla and Elon back at it again, I wonder why would they name it Shiba in the source code though, another publicity for Doge and crypto in general, I hope it won't affect it badly in the long run though, why would you wonder if someone would buy a Tesla with doge ?! I actually would do it if I wanted to buy a Tesla and I had enough crypto in my wallet to do so, and without even hesitating, if I can afford it of course.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Wonder if someone will actually buy an entire Tesla vehicle paid for by Dogecoin.
Someone will try just to continue with the hype but this one is actually a good adoption that can affect the whole market because Tesla is a big car company so it can create another hype and expect the price to go up if ever this will push through. There’s no Tesla in my place so technically, we’re not on the target market for this one. Let’s see if Elon will tweet with regards to this one.
It's a good adoption? Right now, I checked whether this post was done back in 7 November of 2020 but somehow it has been posted in 2021, after the accident when bitcoin felt from 64K to 30K.
Do you know that yeah, the fact that Tesla started accepting of bitcoin caused massive rise and was actually really good for adoption but at the same time, the tweets of the CEO of Tesla, i.e. - Elon Musk, caused huge market manipulation. This man helped bitcoin's price to increase but then, he made it to fall hard. He not only manipulated bitcoin but manipulated the price of Doge, made an useless, worthless coin very valuable one. And now, the Shiba, another worthless meme coin.

Wonder if someone will actually buy an entire Tesla vehicle paid for by Dogecoin.
Sure, why do you even doubt? People bough tons of dogecoin because of Elons Tweets, do you really think that someone will hesitate to buy Tesla with dogecoins? At least he/she will quickly become popular, Elon will congratulate the Dogecoin to Tesla transaction.
sr. member
Activity: 2506
Merit: 368
Well that's probably new because to be honest i never heard such information wherein i though they only accept bitcoin or just a survey? Actually base on my simple research as of now only one company start using doge as payment for buying tesla car is called puerto rican technology company that selling local cars. Not yet for tesla but of course it if just a survey and they received a good percentage of doge for sure they will implement that as a payment option ASAP..
Lets touch up some link connecting to that.

This Company Lets You Buy A Tesla With Dogecoin And Other Cryptocurrencies

For now there are no words from Tesla itself about such integration of DOGE payment options but since there were past
tweets in regards on that one then its likely to happen in near future.
Another marketing strategy by Elon Musk that soon will make his hodling rise up again then probably he would leave so soon. They aren't telling it yet but it was busted already and I'm sure Elon would like to pump most of the altcoins that he had invested by using his influence on the social media.

This is the first time I've heard an altcoins payment for a car but I bet there's no difference between this and how he chose Bitcoin as payment before then left and instead choose to promote his company and his meme coin at the same time.
legendary
Activity: 2604
Merit: 2353
Credit goes to the twitter user below

https://twitter.com/Tree_of_Alpha/status/1456332297393872899

Seems that Tesla is testing payment in Bitcoin and another coin called SHIBA. However upon investigation it seems that the coin is called SHIBA but when he did a test transaction the address started with D. And then he did a test payment on the Doge network and when the payment was accepted it confirmed on the Tesla servers.

Never in a million years would of I guessed that he was actually serious and would start accepting Doge. Was assuming he would accept Bitcoin and Ethereum. Definitely not Shiba or Doge.

Wonder if someone will actually buy an entire Tesla vehicle paid for by Dogecoin.



 
I don't know if it's a big news for Bitcoin but it's a real big news for DOGE and its community, because it would be a big step toward main stream adoption. Other compagnies couldn't ignore this cryptocurrency anymore and it could bring it to the moon.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
That is looks interesting but wondering if someone had tried it for some verification but I guess, none.
I hope this time Tesla company will be serious in accepting Bitcoin this time unlike what they did before.

Doge? They are also accepting Dogecoin? Something it says is that Elon Musk is still shilling this project and making benefits from this. If this could be true, (maybe) we could see another huge spike for this coin once again and I'm sure their investors are relatively happy hearing about this. I hope they will and have positive results.
legendary
Activity: 3094
Merit: 1127
Well that's probably new because to be honest i never heard such information wherein i though they only accept bitcoin or just a survey? Actually base on my simple research as of now only one company start using doge as payment for buying tesla car is called puerto rican technology company that selling local cars. Not yet for tesla but of course it if just a survey and they received a good percentage of doge for sure they will implement that as a payment option ASAP..
Lets touch up some link connecting to that.

This Company Lets You Buy A Tesla With Dogecoin And Other Cryptocurrencies

For now there are no words from Tesla itself about such integration of DOGE payment options but since there were past
tweets in regards on that one then its likely to happen in near future.
sr. member
Activity: 2016
Merit: 283
Well that's probably new because to be honest i never heard such information wherein i though they only accept bitcoin or just a survey? Actually base on my simple research as of now only one company start using doge as payment for buying tesla car is called puerto rican technology company that selling local cars. Not yet for tesla but of course it if just a survey and they received a good percentage of doge for sure they will implement that as a payment option ASAP..
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
This is probably his way to hype DOGE again, you know, DOGE has been stuck for a while now since the last bull run that almost pumped DOGE to $1. Now, I think Elon is planning to create some hype again to move DOGE up, not only DOGE but possibly SHIBA as well.

Yeah, quite likely. I couldn't care less about what Elon is going to do but we have to acknowledge that what he does has an influence on the market, at least in the short term.

I think I'm going to buy one of those T-shirts they say: "Fuck Elon, we are not selling".

This is a sign that Elon Musk will definitely do some more hype with Shiba and is this a sign that the hype will start with this news?
Of course Elon Musk is still a big influence on the crypto market whatever he tweets will definitely cause hype and the community will find out where he did it and this is the second Doge that is Shiba, but honestly I don't know if this will happen or not buy Tesla with Shiba, it's kind of a joke IMO.

This hype will definitely be very wide.
legendary
Activity: 3808
Merit: 1723
I don’t think he is doing this to pump his Dogecoin bags, he is the richest man on earth. I don’t think he is really investing his capital into Doge maybe just his free time.

Shiba definitely won’t be accepted at Tesla, this is just crazy. And I don’t think he bought Shiba either.

Here is what I think,

Like Phil said, Doge is very secured due to LTC mining. Doge is more or less like LTC, maybe missing the Segwit portion. If he accepts Doge, maybe people will use Bitcoin to buy a Tesla car and use Doge to buy accessories such as floor mats. The fees are extremely low for Doge.

However I think that one day, perhaps Dogecoin will be rebranded to say something like PowerCoin (bad example) and I’ll be taken more seriously with this new name rather than Doge which is nothing but a meme coin. And who knows one day it might be a top 5 alt coin.

Top 3 coins

Bitcoin
Ethereum
Dogecoin (PowerCoin)
legendary
Activity: 2492
Merit: 1232
Seems that Tesla is testing payment in Bitcoin and another coin called SHIBA.
Can someone verify this on Twitter if this is true, I only found it on the Facebook group.

Elon Musk denied that he hold SHIBA coin.  

I want to know if Elon Musk really has this SHIBA coin which is he denied in the Tweet above.  IMO, it could be there's a pump that will happen in the entire market and this has really contributed to giving a boost to the crypto market price.  Or it might Elon Musk trying to make money on SHIBA seems like what he did on Dogecoin.
legendary
Activity: 1722
Merit: 2213
This seems like more of a joke more than anything else. Bitcoin & Shiba were hidden in the source code of the Tesla website, but with ticker's BTC & SBA ?

Quote
The most confusing part about this was, "Bitcoin" is mapped to ticker $BTC, like it should be, but "SHIBA" is mapped to $SBA (not $SHIB, not $DOGE)."

https://twitter.com/Tree_of_Alpha/status/1456332304348073996

I wouldn't be surprised if the user who managed to make a payment in doge get's a refund, as ultimately it's not SBA (simplyBrand) ?

I don't think the final joke has passed yet, even if a doge payment was accepted on the website with the correct exchange rate.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
This looks like a pump for dogecoin. I think Elon musk is in love with the coin as a hodler or he wants to help longtime hodlers to have a feel of the pump again. The meme coins are getting hyped by musk and what reason he chose it above other use case altcoins still remains unknown.

Actually it is not unknown.

the ltc/doge merged mining via asics is a solidly backed network with huge amounts of asics.

You have btc the largest asic network most gear ⚙️ etc.

you have eth blended asic/gpu very large gear network

you have doge/ltc the third largest asic network no danger of a 51% attack.

so that is only four well backed mining coins.

btc the king
eth the wannabe with a flaw of too much in mr v’s hands of power.
doge/ltc. ltc is a clone of btc but doge is not

if you fail to see this oh well that is on you.

if pow  coins are to last the doge/ltc merged mining ⛏ will last and thrive.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
This looks like a pump for dogecoin. I think Elon musk is in love with the coin as a hodler or he wants to help longtime hodlers to have a feel of the pump again. The meme coins are getting hyped by musk and what reason he chose it above other use case altcoins still remains unknown.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Dogecoin has a place.

HERE IS WHY:

Year 1 x coins
year 2 2x coins 100% inflation
year 3 3x coins  50% inflation
year 4 4x coins 33% inflation
year 5 5x coins 25% inflation
year 6 6x coins 20% inflation
year 7 7x coins 16.67% inflation
year 8 8x coins 14.71% inflation
year 9 9x coins 12.5% inflation
year 10 10x coins 11.11% inflation
year 11 11x coins 10% inflation

year 20 20x coins
year 21 21x coins 5% inflation

year 30 30x coins
year 31 31x coins 3.33% inflation

year 40 40x coins
year 41 41x coins 2.5% inflation

year 50 50x coins
year 51 51x coins 2% inflation


so as clearly shown this is a highly regulated decreasing rate of inflation.

it is not a clone of btc it is truly different method

I would say it is way way way way better than fiat
that has zero inflation regulation and any cash 💰 is subject to terrible inflationary pressure.

Is it better than btc no it is not it is different.


BTW i have 17000 doge
I also have a down payment on the Tesla truck.
I also mine doge.

So you see I may buy that truck with doge.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Credit goes to the twitter user below

https://twitter.com/Tree_of_Alpha/status/1456332297393872899

Seems that Tesla is testing payment in Bitcoin and another coin called SHIBA. However upon investigation it seems that the coin is called SHIBA but when he did a test transaction the address started with D. And then he did a test payment on the Doge network and when the payment was accepted it confirmed on the Tesla servers.

Never in a million years would of I guessed that he was actually serious and would start accepting Doge. Was assuming he would accept Bitcoin and Ethereum. Definitely not Shiba or Doge.

Wonder if someone will actually buy an entire Tesla vehicle paid for by Dogecoin.



 

Guess they are back on their manipulation attempts again and looks like they are now going after more altcoins around but I'm not totally surprise about this news since for sure Musk will be back to gain another millions of dollars for manipulating the minds of people in crypto. Hopefully no one will fall again on their traps created and I will not be surprised if soon they will announce that they will not accept those said coins/token again.
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