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Topic: Tesla accepting Bitcoin payments and ..... Doge ? (Read 661 times)

hero member
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I think Tesla and Elon Musk don't really accept bitcoin and Doge payments for their cars. Elon Musk has always been in the spotlight of crypto investors. Elon Musk is known in social media circles as a major troll, making statements that could affect the price of bitcoin and Doge. Moreover, this is not the first time he has made a mess on social media. Since last year, he made a statement that received Dogecoin payments for his vehicles but then he canceled them.

It's doesn't matter though, bitcoin is already too big and not even one man like Elon Musk can stop it.

If he accept it like what he did before then good, if not we are going to be ok. And lately though, as far as I'm concern, he is no longer relevant to the bitcoin ecosystem.

Yes, he could have invested on it, but that's just it. We should move forward and totally forget about him.
Of course Elon Musk can't stop bitcoin. but we also can't just forget Elon Musk's presence in the Cryptocurrency world because every time Elon Musk tweets about cryptocurrency, the market seems to react to it.

People don't want to miss the hype that's why we see how the market react for certain times but we shouldn't get hype for certain situation since we know Elon sometimes have downturns after he already accumulated profit again.  So we need to be watchful on what is the content of his tweet since sometimes his influence can manipulate the minds of the people especially with those new ones.

Yeah, that's what is called Elon Hype Grin
Basically, Elon has been silent for weeks about any discussion of his crypto holdings or any crypto that he wants to tweet after he had a harvest to his last tweet. I reckon that Elon Musk is now getting more famous and gained many followers as many people are watching what would he tweet next time, is he going to create a new hype or is he going to make another crypto dip just like what he did to SHIB last time.
Well, this is not new for us as we know Elon how he hyped Dogecoin and when stops shilling on it, its value certainly creates a downward trend. And with this new hype that Tesla accepting dogecoin, this is more of a price manipulation so that its value will be hyped again and starts to increase. Knowing Elon, he lives for his own desires so we should limits when it comes to him.
hero member
Activity: 3052
Merit: 606
I think Tesla and Elon Musk don't really accept bitcoin and Doge payments for their cars. Elon Musk has always been in the spotlight of crypto investors. Elon Musk is known in social media circles as a major troll, making statements that could affect the price of bitcoin and Doge. Moreover, this is not the first time he has made a mess on social media. Since last year, he made a statement that received Dogecoin payments for his vehicles but then he canceled them.

It's doesn't matter though, bitcoin is already too big and not even one man like Elon Musk can stop it.

If he accept it like what he did before then good, if not we are going to be ok. And lately though, as far as I'm concern, he is no longer relevant to the bitcoin ecosystem.

Yes, he could have invested on it, but that's just it. We should move forward and totally forget about him.
Of course Elon Musk can't stop bitcoin. but we also can't just forget Elon Musk's presence in the Cryptocurrency world because every time Elon Musk tweets about cryptocurrency, the market seems to react to it.

People don't want to miss the hype that's why we see how the market react for certain times but we shouldn't get hype for certain situation since we know Elon sometimes have downturns after he already accumulated profit again.  So we need to be watchful on what is the content of his tweet since sometimes his influence can manipulate the minds of the people especially with those new ones.

Yeah, that's what is called Elon Hype Grin
Basically, Elon has been silent for weeks about any discussion of his crypto holdings or any crypto that he wants to tweet after he had a harvest to his last tweet. I reckon that Elon Musk is now getting more famous and gained many followers as many people are watching what would he tweet next time, is he going to create a new hype or is he going to make another crypto dip just like what he did to SHIB last time.
legendary
Activity: 3248
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Playbet.io - Crypto Casino and Sportsbook
I think Tesla and Elon Musk don't really accept bitcoin and Doge payments for their cars. Elon Musk has always been in the spotlight of crypto investors. Elon Musk is known in social media circles as a major troll, making statements that could affect the price of bitcoin and Doge. Moreover, this is not the first time he has made a mess on social media. Since last year, he made a statement that received Dogecoin payments for his vehicles but then he canceled them.

It's doesn't matter though, bitcoin is already too big and not even one man like Elon Musk can stop it.

If he accept it like what he did before then good, if not we are going to be ok. And lately though, as far as I'm concern, he is no longer relevant to the bitcoin ecosystem.

Yes, he could have invested on it, but that's just it. We should move forward and totally forget about him.
Of course Elon Musk can't stop bitcoin. but we also can't just forget Elon Musk's presence in the Cryptocurrency world because every time Elon Musk tweets about cryptocurrency, the market seems to react to it.

People don't want to miss the hype that's why we see how the market react for certain times but we shouldn't get hype for certain situation since we know Elon sometimes have downturns after he already accumulated profit again.  So we need to be watchful on what is the content of his tweet since sometimes his influence can manipulate the minds of the people especially with those new ones.

Knowing Elon, he is just pursuing his own personal interests in crypto, and once he is full of gains, then he will leave the market without notice. But bitcoin cannot be easily manipulated this time as big institutions are already at the back of bitcoin.

However, Tesla accepting Shiba or Dogecoin are definitely all lies. This may be another trick for Elon to hype dogecoin and Shiba Inu so that it will create more community and in the end, Elon will still be the big winner and those who believed in hype will definitely face losses in the future.

legendary
Activity: 3808
Merit: 1723
Doge had a very strong upwards move today. From 16 cents to 22 cents it is now 20

I think if he announced this earlier, such as when BTC was at ATH, then perhaps Doge might be nearing its ATHs also. However it seems that his tweets are getting less and less relevant. It was every Dogecoin holders dream for Tesla to accept Dogecoin and now that it does (or will soon) the pump seems to be fading.

We will see how the daily closes however not looking so promising so far. I think since this coin has experienced an >80% loss from ATH has alot of bag holders which are very desperate to get out as the biggest loss possible.

Since year is ending... there is going to be lots of tax loss harvesting selling and most likely Dogecoin will be one of those coins that experiences those. People will want to take the loss on Doge to offset their gains on another stocks/cryptos. So heading into the new year might go lower and maybe Q1 might go higher.

full member
Activity: 308
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Step-by-step guide to make a shitton of money from the shitcoin market:
Step 1: be popular or semi-popular with a large number of brainless followers on social media.
Step 2: choose a random low value, low volume shitcoin that can get good pumps.
Step 3: buy as much of that shitcoin as you can over a long period of time in order not to change its price or let anyone know.
Step 4: start advertising the crap out of that shitcoin to those brainless followers so that they end up buying that shitcoin
Step 5: dump and make a huge profit

Congratulations you are now a scammer and in many jurisdictions you are considered a criminal for market manipulation.
/s
I agree with you. most people out there eat the talk of people who are considered gods in business. they manipulate the market for their own personal gain. most of them people want to get rich fast without the need for a process. smart in determining the market.
legendary
Activity: 4326
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'The right to privacy matters'
Doge had a very strong upwards move today. From 16 cents to 22 cents it is now 20
legendary
Activity: 3808
Merit: 1723
So it seems this actually was somewhat true, Elon Musk just posted on twitter,

https://twitter.com/elonmusk/status/1470703708677840896

"Tesla will make some merch buyable with Doge & see how it goes"

So I guess you won't be able to buy an entire Tesla car but can buy some Tesla accessories.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
I think Tesla and Elon Musk don't really accept bitcoin and Doge payments for their cars. Elon Musk has always been in the spotlight of crypto investors. Elon Musk is known in social media circles as a major troll, making statements that could affect the price of bitcoin and Doge. Moreover, this is not the first time he has made a mess on social media. Since last year, he made a statement that received Dogecoin payments for his vehicles but then he canceled them.

It's doesn't matter though, bitcoin is already too big and not even one man like Elon Musk can stop it.

If he accept it like what he did before then good, if not we are going to be ok. And lately though, as far as I'm concern, he is no longer relevant to the bitcoin ecosystem.

Yes, he could have invested on it, but that's just it. We should move forward and totally forget about him.
Of course Elon Musk can't stop bitcoin. but we also can't just forget Elon Musk's presence in the Cryptocurrency world because every time Elon Musk tweets about cryptocurrency, the market seems to react to it.

People don't want to miss the hype that's why we see how the market react for certain times but we shouldn't get hype for certain situation since we know Elon sometimes have downturns after he already accumulated profit again.  So we need to be watchful on what is the content of his tweet since sometimes his influence can manipulate the minds of the people especially with those new ones.
full member
Activity: 656
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PredX - AI-Powered Prediction Market
I think Tesla and Elon Musk don't really accept bitcoin and Doge payments for their cars. Elon Musk has always been in the spotlight of crypto investors. Elon Musk is known in social media circles as a major troll, making statements that could affect the price of bitcoin and Doge. Moreover, this is not the first time he has made a mess on social media. Since last year, he made a statement that received Dogecoin payments for his vehicles but then he canceled them.

It's doesn't matter though, bitcoin is already too big and not even one man like Elon Musk can stop it.

If he accept it like what he did before then good, if not we are going to be ok. And lately though, as far as I'm concern, he is no longer relevant to the bitcoin ecosystem.

Yes, he could have invested on it, but that's just it. We should move forward and totally forget about him.
Of course Elon Musk can't stop bitcoin. but we also can't just forget Elon Musk's presence in the Cryptocurrency world because every time Elon Musk tweets about cryptocurrency, the market seems to react to it.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
well i'm not surprised by this move of his, he's such a big advocate of dogecoin, so much of a supporter that it was on binance's owner's twitter account to complain about the unfairness binance was doing against dogecoin. this shows that elon is a great doge defender. now I don't know if we'll ever hear someone buy a car at his company using a doge, I think that in practice no one will do
full member
Activity: 1148
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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 was very sure from the start that Elon would never want to realize the plan to accept Dogecoin as payment at Tesla, he just wanted to make a joke but many responded and made the price of Dogecoin go up drastically, now he says he accepts SHIBA, i am sure that it will be just talk.
legendary
Activity: 2758
Merit: 1228
The company accepts Bitcoin as it might be the demand of the people but I don't think if that is because of Doge's stance. Now, Doge is sitting on the corner need supports to gain hypes. But I don't think if Elon Musk will do it again as many people as possible don't buy the hypes again.

I don't think its for the demand but rather for the hype they possible want to establish in the market also a marketing strategy for them knowing all who use bitcoin is an investor and they might grab some unit if they see tesla accept bitcoin on their payment options, that's why many people got crazy about those news and been FOMO for certain scenario made by them.



I don't think that he is more concerned about the tax, he's getting proud of becoming The number one among the richest people in the world and that he'd likely to keep that record and that is why he uses his money to invest more and more.

Sometimes being rich is so stressful and how much more if you have a status the richest man on earth for sure you will do everything just to retain your position since you will need that status for business and any related unto it since you will earn the respect in business sector.
hero member
Activity: 3094
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BTC to the MOON in 2019
This guy reached to a level where he is worth nearly 300 billion dollars. Literally 300 billion dollars, he even sold some of his stock and paid a ton of taxes just to prove a point. Don't get me wrong what he has invested so far and what he is building is magnificent for our world, he knows that earth can't sustain the way it is right now and that means we need to go a lot more green right now (which he helps with Tesla) and we will need to leave as soon as possible (which he helps with spacex) and all of that is nice and all.

However he worths 300 BILLION DOLLARS, doesn't that look a bit too excessive for you? I am not saying that we should take his money away, if he reached there then we let him be there, but maybe we should all stop glorifying all these rich people already and stop giving them all of our money because it is %100 damn certain that the stock of Tesla should not be that high but just because he is quirky and funny there are millions of retail investors who buy Tesla stock and made it 10x overvalued.
The company accepts Bitcoin as it might be the demand of the people but I don't think if that is because of Doge's stance. Now, Doge is sitting on the corner need supports to gain hypes. But I don't think if Elon Musk will do it again as many people as possible don't buy the hypes again.

Well, anyway...
I don't think that he is more concerned about the tax, he's getting proud of becoming The number one among the richest people in the world and that he'd likely to keep that record and that is why he uses his money to invest more and more. Kinda be worrying that he forgets to protect his reputation in real life than being in love with money.
hero member
Activity: 3010
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When you are that influential, you can create just a simple thing into your company, post it online and *poof* you are trending again in different social media platforms Cheesy.

Right now, both DOGE and SHIB didn't make a price increase but as this rumor or news will be spread in the next days there is a possibility that one of these two coins or both of them will pump short term.


I agree with what you said, Being famous and influential means being in the spotlight and a role model for many people

I was never interested in investing in memecoin even though Elon did marketing about it, what I regret is why it has to be shiba tokens and not other good tokens/coins besides bitcoin lol

shiba inu is a memecoin that is hype because of elon and will definitely get a lot of people stuck at a high price
Lots had made out some good profits on that SHIB hype but there are still lots who had been fucked out hard and remains on the peak price and keeps holding because theyve been caught with the dump.

Is this something surprising? No its not because this is a very common mistake not only happened now but also in the past where hypes and shills do happen which do really end up on buying a coin
basing on what others been suggesting.

Result? They've find themselves on the top and ending up on holding like forever yet the coin had never made out that recovery.


On topic reply about Tesla accepting bitcoin payments and other meme coins then well its their company then its the choice or rules to make.
legendary
Activity: 2044
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Leading Crypto Sports Betting & Casino Platform
This guy reached to a level where he is worth nearly 300 billion dollars. Literally 300 billion dollars, he even sold some of his stock and paid a ton of taxes just to prove a point. Don't get me wrong what he has invested so far and what he is building is magnificent for our world, he knows that earth can't sustain the way it is right now and that means we need to go a lot more green right now (which he helps with Tesla) and we will need to leave as soon as possible (which he helps with spacex) and all of that is nice and all.

However he worths 300 BILLION DOLLARS, doesn't that look a bit too excessive for you? I am not saying that we should take his money away, if he reached there then we let him be there, but maybe we should all stop glorifying all these rich people already and stop giving them all of our money because it is %100 damn certain that the stock of Tesla should not be that high but just because he is quirky and funny there are millions of retail investors who buy Tesla stock and made it 10x overvalued.
full member
Activity: 1050
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1xBit.. recovered their reputation
When you are that influential, you can create just a simple thing into your company, post it online and *poof* you are trending again in different social media platforms Cheesy.

Right now, both DOGE and SHIB didn't make a price increase but as this rumor or news will be spread in the next days there is a possibility that one of these two coins or both of them will pump short term.


I agree with what you said, Being famous and influential means being in the spotlight and a role model for many people

I was never interested in investing in memecoin even though Elon did marketing about it, what I regret is why it has to be shiba tokens and not other good tokens/coins besides bitcoin lol

shiba inu is a memecoin that is hype because of elon and will definitely get a lot of people stuck at a high price
legendary
Activity: 3234
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Because this is a forum about cryptocurrencies, and Tesla has invested in Bitcoin, not SpaceX Wink

Elon Musk has revealed that SpaceX has invested its cash reserves in bitcoin, following on from Tesla’s announcement earlier this year that it bought $1.5 billion of the cryptocurrency.

That's at least 5 months old news, so it's not clear to me how something like this can go unnoticed by someone interested in Bitcoin? And the reason people focus almost entirely on Tesla is that it's still a car company, and ordinary mortals are much more interested in it than a company that sends people and cargo into space.
hero member
Activity: 1792
Merit: 507
Why are people so focused on Tesla? SpaceX is a much more interesting company. They make such lovely CGIs  Grin Grin Grin

Because this is a forum about cryptocurrencies, and Tesla has invested in Bitcoin, not SpaceX Wink Well, and it's Tesla that accepts payments in BTC and space flights in SpaceX, unfortunately, we cannot buy in crypto.  Cool

When it comes to DOGE, I like dreamers a lot, but businessman like Musk will never agree to accept a payment in a coin that really has no value but just community.
legendary
Activity: 2534
Merit: 1338
Elon knows how to ride the popularity on crypto, maybe he was really into it for a long time. Maybe as early as 2017 wherein he saw a lot of crypto influencers and observed how they did all this publicity stunt.

Now, it benefit him personally, his company and still he is on the coat tail of Doge. As much as we hate hi, this guy is really pure genius, just saying.
Unfortunately there is a huge problem with our world where people worship the powerful, and that has not changed for a long time, at least if they look like they are regular people.

It is common to hate Jeff Bezos, nobody really likes him to be honest, but look at the level at Elon, many people love him for how he is, not just what he does but the quirky nerdy type of act he plays. This dude didn't build paypal, he stole emeralds from his dads mine that his dad stole from Africans with brute force, and then sold some, and he was sent to Canada to study and given ton of money, then he built something with his friends which his friends basically built but he had the money to sustain it, then he was merged with what is paypal today and sold his shares, all he did was channel his dads dirty blood money into what will turn to paypal, then he bought Tesla from the founders, he did nothing, just channeled money into that, got free handout from government with spacex and many alike situation. Like this guy? There is a billion reason to hate him, he is everything that is wrong with the system.
As unfortunate as this is people are just like that, just look at the reverence celebrities get from the general public, to me this problem has been exacerbated through social media, as in the past even if people revered the celebrities there was still a great deal of distance between them and their fans, but now social media creates the illusion that they are closer to the celebrities or that they are their friends and this makes most people to worship them even more.
legendary
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Elon knows how to ride the popularity on crypto, maybe he was really into it for a long time. Maybe as early as 2017 wherein he saw a lot of crypto influencers and observed how they did all this publicity stunt.

Now, it benefit him personally, his company and still he is on the coat tail of Doge. As much as we hate hi, this guy is really pure genius, just saying.
Unfortunately there is a huge problem with our world where people worship the powerful, and that has not changed for a long time, at least if they look like they are regular people.

It is common to hate Jeff Bezos, nobody really likes him to be honest, but look at the level at Elon, many people love him for how he is, not just what he does but the quirky nerdy type of act he plays. This dude didn't build paypal, he stole emeralds from his dads mine that his dad stole from Africans with brute force, and then sold some, and he was sent to Canada to study and given ton of money, then he built something with his friends which his friends basically built but he had the money to sustain it, then he was merged with what is paypal today and sold his shares, all he did was channel his dads dirty blood money into what will turn to paypal, then he bought Tesla from the founders, he did nothing, just channeled money into that, got free handout from government with spacex and many alike situation. Like this guy? There is a billion reason to hate him, he is everything that is wrong with the system.
hero member
Activity: 1414
Merit: 542
So it does look like Tesla is still working on their crypto payment system.  I was surprised to see they updated the code on the page once this tweet was made.  I figured this was just hangover stuff from when they were playing around with accepting crypto.  It seems like maybe they're getting ready to open the floodgates again.  Hopefully just in time for the perfect December storm we see every 4 years. 

I think the Doge stuff is a stunt and I couldn't care less about it, but I'd like to see Bitcoin being accepted.  In fact, I'd probably buy a model 3 next month if it were accepted (not that I'd get it anytime soon).


Exactly. Doge stuff is a stunt because it's been in the headlines this year. Ever since its early year pump it's been dropping in value against the rest of the market. It'll no longer be making headlines in 2022 and nobody will care about it, at least no more than people cared about it before this year. Musk is looking to squeeze the last juice out of Doge headlines while he still can.
Most likely, after all you do not get to be one of the richest people alive without knowing a thing or two about how to get some free publicity for your projects, Elon has been very smart about all of this to the point I remember people designing even bots to monitor the activity on his social media accounts and see if he talked about dogecoin so they could invest in it quickly enough before the price went up, so when Elon talks about dogecoin people listen and he knows this.

Well, that's the point, Elon knows how to ride the popularity on crypto, maybe he was really into it for a long time. Maybe as early as 2017 wherein he saw a lot of crypto influencers and observed how they did all this publicity stunt.

Now, it benefit him personally, his company and still he is on the coat tail of Doge. As much as we hate hi, this guy is really pure genius, just saying.
legendary
Activity: 3122
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I speculate that this is because Elon Musk missed his chance to buy bitcoin under a dollar and also missed the chance to become one of the biggest personalities and influencers of the bitcoin community. Both of those chances he missed can presently be obtained by investing and supporting an altcoin.

I agree that EM has a great need to be important and significant in something, and it failed to achieve that with Bitcoin because it is decentralized. On the other hand, he agreed very easily with those behind Doge, although it is not clear to me how Buterin, who already has his own project, fits into this story? Some conspiracy theorists might say that a team that is serious about competing with Bitcoin is coming together, although the question is what do they really intend to do with a project that has a foundation in the idea of making a joke based on cryptocurrencies (primarily Bitcoin).

Quote
Birchall, a former senior vice president at Morgan Stanley is also on the board of the Musk Foundation and manages Musk’s family office. The executive will represent Musk’s interests on the Dogecoin advisory board alongside Buterin, Dogecoin founder Billy Markus and core developer Max Keller.


Vitalik is only with the Dogecoin Foundation on an advisory position. His time will not be 100% used on running the foundation. Also, he fits in quite well, I reckon. Vitalik had a much similar situation with bitcoin before his creation of Ethereum. He wanted influence, however, cannot have the same influence over the bitcoin community compared to people like Andreas. The result is he created his own coin.
legendary
Activity: 2534
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So it does look like Tesla is still working on their crypto payment system.  I was surprised to see they updated the code on the page once this tweet was made.  I figured this was just hangover stuff from when they were playing around with accepting crypto.  It seems like maybe they're getting ready to open the floodgates again.  Hopefully just in time for the perfect December storm we see every 4 years. 

I think the Doge stuff is a stunt and I couldn't care less about it, but I'd like to see Bitcoin being accepted.  In fact, I'd probably buy a model 3 next month if it were accepted (not that I'd get it anytime soon).


Exactly. Doge stuff is a stunt because it's been in the headlines this year. Ever since its early year pump it's been dropping in value against the rest of the market. It'll no longer be making headlines in 2022 and nobody will care about it, at least no more than people cared about it before this year. Musk is looking to squeeze the last juice out of Doge headlines while he still can.
Most likely, after all you do not get to be one of the richest people alive without knowing a thing or two about how to get some free publicity for your projects, Elon has been very smart about all of this to the point I remember people designing even bots to monitor the activity on his social media accounts and see if he talked about dogecoin so they could invest in it quickly enough before the price went up, so when Elon talks about dogecoin people listen and he knows this.
hero member
Activity: 2828
Merit: 518
How I wish that it needs someone to confirm that he use Dogecoin to buy a Tesla car but too unfortunate that there is none. Even the use of Bitcoin and ETH can't find anyone.
Well, if that is really true, then that was good. I know and I believe that someday the use of crypto to buy stuff is fully accepted and one's must have to take an action first as the others will follow next. I hope this was a real market deal and Tesla will continue to accept crypto not just Dogecoin as first stated by the owner.
hero member
Activity: 3010
Merit: 794
So it does look like Tesla is still working on their crypto payment system.  I was surprised to see they updated the code on the page once this tweet was made.  I figured this was just hangover stuff from when they were playing around with accepting crypto.  It seems like maybe they're getting ready to open the floodgates again.  Hopefully just in time for the perfect December storm we see every 4 years. 

I think the Doge stuff is a stunt and I couldn't care less about it, but I'd like to see Bitcoin being accepted.  In fact, I'd probably buy a model 3 next month if it were accepted (not that I'd get it anytime soon).


Exactly. Doge stuff is a stunt because it's been in the headlines this year. Ever since its early year pump it's been dropping in value against the rest of the market. It'll no longer be making headlines in 2022 and nobody will care about it, at least no more than people cared about it before this year. Musk is looking to squeeze the last juice out of Doge headlines while he still can.

He know that the dev doesn't have any control of that coin that's why he see a potential to manipulate the dogecoin market easily, We see him do that before and for doing this public stint and accepting it on their business for sure they are aftering something so better for new to not get hook by this news and sell if you hold doge once profit is already showing to us and its good not to be greedy on manipulated coins since we will end up chasing the news and get panic on situations currently happening.
He could possibly still make out some manipulation but not on the sense on dropping down the price even he's a billionaire yet this coin itself doesnt really have that single or a few holders which simply means that controlling it on the very essence would be nearly impossible.

Yes, anyone could make out some significant effect depending on the hype or fud that generates around considering that the community does easily react on situations like this.

Businesses could accept coins whatever they want because its their liking and decision whether there's something behind those decisions or doesnt have.
member
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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.



 
The vehicle owned by Tesla is quite large and in fact many variants are offered, but unfortunately in our country there is no such product, in fact the hype is good for Tesla's development in adopting and influencing the market and if this is successful then it is likely that Tesla will continue to grow, adoption is good made by tesla, this is a development that is more and more attractive to people, the target market will be at certain countries.
hero member
Activity: 3010
Merit: 666
You know Shiba is currently a new coin and since it has gathered a small firm people will like to test it's condition. and i taught tesla don't accept any payment with bitcoin and bitcoin is one of his criticising coin that he hate so much and prefer Doge over bitcoin, initially he was bumping doge to get domination over btc....lol.. since the doge has been changed by name called powercoin i think it will help to have like Shiba, but it will take time from my own ideology before the name will get acquainted with people.
Elon Musk is the owner of Tesla and also the promoter of Dogecoin, that obviously they will accept this coin than choose Bitcoin instead. But such a changing mind hearing news talking about that they will accept Bitcoin. It can be now a twist of Elon Musk to love Bitcoin and hold more of it, in fact, we are aware that he also holds a few BTC.
I don't include Shiba in this, it is a separate issue. And don't also think that this is a sort of competition between the 2 meme coins Doge and Shiba. But I'd see this that Elon Musk and Tesla are ready to criticize after rejecting Bitcoin before as they just keep Doge alone.
hero member
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You know Shiba is currently a new coin and since it has gathered a small firm people will like to test it's condition. and i taught tesla don't accept any payment with bitcoin and bitcoin is one of his criticising coin that he hate so much and prefer Doge over bitcoin, initially he was bumping doge to get domination over btc....lol.. since the doge has been changed by name called powercoin i think it will help to have like Shiba, but it will take time from my own ideology before the name will get acquainted with people.
legendary
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I speculate that this is because Elon Musk missed his chance to buy bitcoin under a dollar and also missed the chance to become one of the biggest personalities and influencers of the bitcoin community. Both of those chances he missed can presently be obtained by investing and supporting an altcoin.

I agree that EM has a great need to be important and significant in something, and it failed to achieve that with Bitcoin because it is decentralized. On the other hand, he agreed very easily with those behind Doge, although it is not clear to me how Buterin, who already has his own project, fits into this story? Some conspiracy theorists might say that a team that is serious about competing with Bitcoin is coming together, although the question is what do they really intend to do with a project that has a foundation in the idea of making a joke based on cryptocurrencies (primarily Bitcoin).

Quote
Birchall, a former senior vice president at Morgan Stanley is also on the board of the Musk Foundation and manages Musk’s family office. The executive will represent Musk’s interests on the Dogecoin advisory board alongside Buterin, Dogecoin founder Billy Markus and core developer Max Keller.
hero member
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So it does look like Tesla is still working on their crypto payment system.  I was surprised to see they updated the code on the page once this tweet was made.  I figured this was just hangover stuff from when they were playing around with accepting crypto.  It seems like maybe they're getting ready to open the floodgates again.  Hopefully just in time for the perfect December storm we see every 4 years. 

I think the Doge stuff is a stunt and I couldn't care less about it, but I'd like to see Bitcoin being accepted.  In fact, I'd probably buy a model 3 next month if it were accepted (not that I'd get it anytime soon).


Exactly. Doge stuff is a stunt because it's been in the headlines this year. Ever since its early year pump it's been dropping in value against the rest of the market. It'll no longer be making headlines in 2022 and nobody will care about it, at least no more than people cared about it before this year. Musk is looking to squeeze the last juice out of Doge headlines while he still can.

He know that the dev doesn't have any control of that coin that's why he see a potential to manipulate the dogecoin market easily, We see him do that before and for doing this public stint and accepting it on their business for sure they are aftering something so better for new to not get hook by this news and sell if you hold doge once profit is already showing to us and its good not to be greedy on manipulated coins since we will end up chasing the news and get panic on situations currently happening.
legendary
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I speculate that this is because Elon Musk missed his chance to buy bitcoin under a dollar and also missed the chance to become one of the biggest personalities and influencers of the bitcoin community. Both of those chances he missed can presently be obtained by investing and supporting an altcoin.

I happen to think, that Elon Musk has had Bitcoins since practically its inception. Let's not forget that he was one of the creators of PayPal. In 2010-2012 the fact that he heard about a new 100% virtual payment system certainly caught his attention and he must have had some "experience".
legendary
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Doge is a sideshow. Who cares if a company or two accepts a worthless meme token. Bitcoin is moving toward global adoption. Any random company can decide to accept any random crypto. The only crypto that matters for payment is Bitcoin. Accepting Doge just makes headlines for Musk cuz its so stupid. He likes being in the headlines.

I speculate that this is because Elon Musk missed his chance to buy bitcoin under a dollar and also missed the chance to become one of the biggest personalities and influencers of the bitcoin community. Both of those chances he missed can presently be obtained by investing and supporting an altcoin.



After six years, the Dogecoin Foundation has been re-established with a renewed focus on supporting the Dogecoin ecosystem, adding some high-profile names to its board of advisors.

According to a statement from the foundation, the board of advisors will include Ethereum co-founder Vitalik Buterin and Tesla Inc CEO Elon Musk’s legal and financial advisor Jared Birchall.

Birchall, a former senior vice president at Morgan Stanley is also on the board of the Musk Foundation and manages Musk’s family office. The executive will represent Musk’s interests on the Dogecoin advisory board alongside Buterin, Dogecoin founder Billy Markus and core developer Max Keller.

Now that the Foundation has been re-launched, a structure will be put in place to hire full-time staff to work on the project. These include engineers who would work towards faster integration and easier APIs for financial, social and charitable projects wishing to use Dogecoin.

The Dogecoin Foundation also stated its intent to protect the Dogecoin brand.


Source https://www.benzinga.com/markets/cryptocurrency/21/08/22550853/dogecoin-foundation-returns-after-6-year-hiatus-ethereums-vitalik-buterin-musk-rep-jared-b
hero member
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So it does look like Tesla is still working on their crypto payment system.  I was surprised to see they updated the code on the page once this tweet was made.  I figured this was just hangover stuff from when they were playing around with accepting crypto.  It seems like maybe they're getting ready to open the floodgates again.  Hopefully just in time for the perfect December storm we see every 4 years. 

I think the Doge stuff is a stunt and I couldn't care less about it, but I'd like to see Bitcoin being accepted.  In fact, I'd probably buy a model 3 next month if it were accepted (not that I'd get it anytime soon).


Exactly. Doge stuff is a stunt because it's been in the headlines this year. Ever since its early year pump it's been dropping in value against the rest of the market. It'll no longer be making headlines in 2022 and nobody will care about it, at least no more than people cared about it before this year. Musk is looking to squeeze the last juice out of Doge headlines while he still can.
hero member
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Doge is a sideshow. Who cares if a company or two accepts a worthless meme token. Bitcoin is moving toward global adoption. Any random company can decide to accept any random crypto. The only crypto that matters for payment is Bitcoin. Accepting Doge just makes headlines for Musk cuz its so stupid. He likes being in the headlines.
legendary
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This Shiba Doge connection, i don't get what these guys are trying to do, are they endorsing both of them or maybe it was a typing error on their side?

What they're looking for is Tesla to be talked about. This information has already allowed this topic to have three pages of comments.

That is, goal accomplished, Tesla to be talked about, without spending a single cent on marketing.  Roll Eyes
What they are looking for is Elon to be talked about and not just Tesla. I get that most of his money comes from Tesla, owning a big part of it made him this much wealthier, and that is why everyone thinks he is doing it just for tesla.

However, remember that he has Solar City for tesla and he has SpaceX as well. That way we end up realizing that MAYBE he is doing this for all of his companies and not just one of them. He is getting more and more popular, which means that if he ever wants to do something with his other companies, and he is not allowed, then he has the backing of the population to help him as well. Dude literally sold flamethrowers to make some money, imagine how much more money he could raise.

Even doing any NFT collection would raise enough money to send another rocket to moon literally today and get it back as well, Imagine a world where you could land a space rocket to moon, then come back and then use the same rocket to go back and do this ten times cheaper than alternatives. This is possible with just one NFT collection because he is getting more popular everyday by doing things like this.
legendary
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They don't need to be talk since they are already famous

Of course they do! Just by continuing to be talked about, he manages to stay on top.

Their marketing strategy is to get talked about, no matter what the reason (as long as it's not unclear). This allows them to spend less money on advertising.

Tesla is the best-selling electric car in virtually every country, but it's also the one with the least advertising. Why? Because it's always talked about in the media. That's your strategy.
legendary
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This Shiba Doge connection, i don't get what these guys are trying to do, are they endorsing both of them or maybe it was a typing error on their side?

What they're looking for is Tesla to be talked about. This information has already allowed this topic to have three pages of comments.

That is, goal accomplished, Tesla to be talked about, without spending a single cent on marketing.  Roll Eyes

They don't need to be talk since they are already famous but what they are trying to do here is manipulating people again, they do this before and for another try around this attempt happened again so hopefully there's no one will fall and think about doing long term holding while there presence is here since we will just ending up picking up their waste after they dump their holdings. But if we know how to ride them its good catch the hype they release.
hero member
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This Shiba Doge connection, i don't get what these guys are trying to do, are they endorsing both of them or maybe it was a typing error on their side?

What they're looking for is Tesla to be talked about. This information has already allowed this topic to have three pages of comments.

That is, goal accomplished, Tesla to be talked about, without spending a single cent on marketing.  Roll Eyes
What would you expect? Anything could really be talked about neither an intentional one or simple cant really be avoided such discussions because it is continuous and its impossible for it on not to be talked about.

Of course every company would really be finding out ways on having exposure neither they do spend up some funds or allocation or budget or compeltely free and they do know that crypto market is a huge one and accepting those trending coins or known ones would make out some significant
noise which does simply means that it is really having some exposure.

Just like on what others been saying that its their business then its their right or choice on which one would be accepted.
legendary
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**In BTC since 2013**
This Shiba Doge connection, i don't get what these guys are trying to do, are they endorsing both of them or maybe it was a typing error on their side?

What they're looking for is Tesla to be talked about. This information has already allowed this topic to have three pages of comments.

That is, goal accomplished, Tesla to be talked about, without spending a single cent on marketing.  Roll Eyes
hero member
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That whole Tesla stunt of nolonger accepting crypto/bitcoin was a marketing stunt all along to have all eyes on them and boost their customer base, this was really a calculated move.

The tweets, the negative talk about bitcoin all part of marketing, well done Elon Musk well played.

This Shiba Doge connection, i don't get what these guys are trying to do, are they endorsing both of them or maybe it was a typing error on their side?
hero member
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I think Tesla and Elon Musk don't really accept bitcoin and Doge payments for their cars. Elon Musk has always been in the spotlight of crypto investors. Elon Musk is known in social media circles as a major troll, making statements that could affect the price of bitcoin and Doge. Moreover, this is not the first time he has made a mess on social media. Since last year, he made a statement that received Dogecoin payments for his vehicles but then he canceled them.

It's doesn't matter though, bitcoin is already too big and not even one man like Elon Musk can stop it.

If he accept it like what he did before then good, if not we are going to be ok. And lately though, as far as I'm concern, he is no longer relevant to the bitcoin ecosystem.

Yes, he could have invested on it, but that's just it. We should move forward and totally forget about him.
full member
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I think Tesla and Elon Musk don't really accept bitcoin and Doge payments for their cars. Elon Musk has always been in the spotlight of crypto investors. Elon Musk is known in social media circles as a major troll, making statements that could affect the price of bitcoin and Doge. Moreover, this is not the first time he has made a mess on social media. Since last year, he made a statement that received Dogecoin payments for his vehicles but then he canceled them.
legendary
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If you guys read Elon’s tweets back early in the year there was Bitcoin devs who were telling him that Dogecoin is a useless cryptocurrency. And he was arguing with them back and forth. For some reason he had some attachment for Doge, no clue why.

He also said he would contact the devs and fix Dogecoin. No ideal if he was involved or not but the wallet did get some updates done to it. However before all this, the coin was pretty much dead and had little development.
legendary
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In a way you are right but at the same time the whole purpose of advertising is to try to convince people to buy your products, outside of this market I doubt too much attention is given to this news, so we need to wonder are there a lot of people buying a Tesla with their bitcoin or dogecoin as a result of this marketing strategy? Because I doubt it, Musk missed his chance for his Tesla cars to become a staple of this market when at first he began accepting bitcoin as a payment option only to take it away a few days later on completely ridiculous grounds.

But there is the strategy. They don't need people to buy with BTC or another currency, what they wanted is for the newspapers to talk about Tesla, because along with the news they will give other information about the company that is already of general interest.

Besides, they're talking about Tesla. And people keep the name/company alive in their minds. And this can help in future decision making when buying an electric car.


I'll give you an example of a new supermarket company in Portugal. Use a similar style:
They only have stores open in one region of the country, but every time they open a new store, the news of this opening is broadcast in the country's main media outlets nationwide. Along with this news, there is always an interview given by someone from the company, who says that the company has the objective of opening stores across the country.
What do you think will happen, when a store is announced, in a new part of the country? People have already heard so much about that supermarket that they will want to know about it.
donator
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So it does look like Tesla is still working on their crypto payment system.  I was surprised to see they updated the code on the page once this tweet was made.  I figured this was just hangover stuff from when they were playing around with accepting crypto.  It seems like maybe they're getting ready to open the floodgates again.  Hopefully just in time for the perfect December storm we see every 4 years. 

I think the Doge stuff is a stunt and I couldn't care less about it, but I'd like to see Bitcoin being accepted.  In fact, I'd probably buy a model 3 next month if it were accepted (not that I'd get it anytime soon).
copper member
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Didn't they already stop accepting bitcoin and said they will no longer do it until bitcoin mining becomes "green"? And the Doge payment thing also sounds like a stunt (or maybe true). I have heard someone found the code and the payment said "Shiba". People were starting to say that Tesla is doing this to manipulate the market and create speculation among people. Imagine people FOMOing on Doge and SHIB. That would pump the market and you know would would make all the profit and crash the market...
hero member
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Buying car with cryptocurrencies, i think something like this already happen since past when we can see there are some car dealers which accept bitcoin as payment. Maybe Tesla doing this only to hype Shiba or maybe BTC or Dogecoin or any coin that they want to made it increase again. In sometimes ago we already see Tesla accept BTC too and it is not  the latest news that come.
Its their business then its their choice.! Cheesy

Doesnt matter on what coins they are tending to accept whether they do hyping it or not then its their choice to make but if we do think
and see on a bigger picture then we do know that having more coins the more better yet that would really be giving more options.
If you dont like on paying up with some meme coin then you could always opt for the main ones.
hero member
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Elon's Tesla is still hungry for attention despite having much of it already. I don't understand them.

This is a great commercial/advertising strategy.
Whenever they appear in the news, they are being talked about and Tesla is being advertised. Even though it's not advertising.
Thus, the brand manages to save millions in marketing/advertising, because it only has to make it continue to be talked about in the media.
In a way you are right but at the same time the whole purpose of advertising is to try to convince people to buy your products, outside of this market I doubt too much attention is given to this news, so we need to wonder are there a lot of people buying a Tesla with their bitcoin or dogecoin as a result of this marketing strategy? Because I doubt it, Musk missed his chance for his Tesla cars to become a staple of this market when at first he began accepting bitcoin as a payment option only to take it away a few days later on completely ridiculous grounds.
hero member
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Buying car with cryptocurrencies, i think something like this already happen since past when we can see there are some car dealers which accept bitcoin as payment. Maybe Tesla doing this only to hype Shiba or maybe BTC or Dogecoin or any coin that they want to made it increase again. In sometimes ago we already see Tesla accept BTC too and it is not  the latest news that come.
legendary
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Elon's Tesla is still hungry for attention despite having much of it already. I don't understand them.

This is a great commercial/advertising strategy.
Whenever they appear in the news, they are being talked about and Tesla is being advertised. Even though it's not advertising.
Thus, the brand manages to save millions in marketing/advertising, because it only has to make it continue to be talked about in the media.
legendary
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We will not know what is Elon plans with those two coins but he has already made a noise in the crypto market so I guess he will make another tweet in the future.
Those two coins now become popular besides bitcoin and ethereum but if we compare with bitcoin and doge payments, I think using bitcoin as the payment will be better.
Maybe we need to wait for the next announcement from Elon or Tesla for what coins they want to use as the payment.
But I do not want to buy Tesla using bitcoin, ethereum, or other coins as crypto will be just my investment.
I hope that he doesn't move to other coins as well because he is making the crypto world a lot fragile with what he has. I get that he is not doing it because he is just happy to do it, he is doing it because he gets love back from doing it plus he makes money from it as well. However just because he could help you make some money, doesn't mean that he wants the best for you neither, he is doing it because it helps him as well, he could literally be doing a lot worse things and still be happy as long as it benefits him.

Doge and Shiba are two things that could crash at any moment, or maybe they will do 2x, nobody knows this and there is absolutely no reason to hold them neither. This is why we should be a lot more careful with them, and him pumping it causes it to be a lot worse, this is why we should be a lot more careful, because him making it viral is dangerous for the future of crypto.
hero member
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however, I'm curious as to what Elon Musk's goal was to make these two coins popular. as far as i think is, he's just messing around with those two coins.
We will not know what is Elon plans with those two coins but he has already made a noise in the crypto market so I guess he will make another tweet in the future.
Those two coins now become popular besides bitcoin and ethereum but if we compare with bitcoin and doge payments, I think using bitcoin as the payment will be better.
Maybe we need to wait for the next announcement from Elon or Tesla for what coins they want to use as the payment.
But I do not want to buy Tesla using bitcoin, ethereum, or other coins as crypto will be just my investment.
hero member
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Been a few days and nothing is confirmed yet. Maybe they are still implanting the software. So far if you follow that Twitter thread a few people called out the guy that posted it. Mostly because it was a new account and the address where he sent the doge was empty.

A few days later the guy posted a response. Saying that he wants to be anonymous and he sent the payments but it was to another doge address. The doge address in the photo expired but he got another one where he actually did send the funds. So to me it seems legit. Probably need to wait a few more weeks however.
Maybe Elon was the author of the fake news behind the anonymous profile to create some hype in crypto market, leading his public to not give up on doge and shiba inu after disappoiting some fans for not holding any shiba, even though he made some sympathetic jokes regards the altcoin in the past.

Anyway I don't think Tesla is going to accept these altcoins as payment method for real, because that just doesn't make sense if we think about any practical reason for this adoption. A big company doesn't accept a crypto currency as payment method just because it's funny. That would be ridiculous and useless as marketing, only reaching to a small bubble of fans, most of them poor people who don't even have money to buy a Tesla, as they are trying to join an altcoin get rich scheme promoted through jokes by the guru Elon Musk.
legendary
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Been a few days and nothing is confirmed yet. Maybe they are still implanting the software. So far if you follow that Twitter thread a few people called out the guy that posted it. Mostly because it was a new account and the address where he sent the doge was empty.

A few days later the guy posted a response. Saying that he wants to be anonymous and he sent the payments but it was to another doge address. The doge address in the photo expired but he got another one where he actually did send the funds. So to me it seems legit. Probably need to wait a few more weeks however.
legendary
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I think Tesla only takes advantage of free promotion by issuing testing a payment tool with SHIB. There is no special thing with meme coins like SHIB or Doge to be used as a payment tool. Truly a stupid idea if Tesla really wants to sell their products with SHIB or Doge. Elon Musk must know very well that those meme coins basically have no good standard as a promising crypto coin. So, what for having them? It only risks the financial of Tesla company. They probably will choose Bitcoin or Ethereum if they want to allow crypto as a payment tool for purchasing Tesla cars.
hero member
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Wonder if someone will actually buy an entire Tesla vehicle paid for by Dogecoin.
 

I also doubt that.
This might be just another trick to get these meme coins hype up. I mean why would someone buy Tesla cars using these meme coins when they can actually hold them and wait for it to pump because once again Tesla and Elon are making noise about it.
Now, Elon is trying to make a relevant use case for this meme to buy his products because people are well aware of the fact that these meme coins has no real use cases.
legendary
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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..
DOGE might be the option since Elon is endorsing it so it will be bad if they accept other crypto not unless its Bitcoin, then it could be more better to all of us imagine a huge car company now accepting Bitcoin and Doge as mode of payment, that’s a big adoption mate. Well, no announcement yet with regards to this one so don’t get overhype by this.

He publicly showing his support to doge so I expect this coin to be added on their options but I will not still impress on what action they do since so far their actions made from the past is just made for only pure manipulation so for now I will just watch them to see if they will really make this plan for long term and not just erase it once hype fades or if they want to take their profit out of the doge.
legendary
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Elon's Tesla is still hungry for attention despite having much of it already. I don't understand them. But I don't really care if Elon's Tesla will resume accepting Bitcoin or not. I don't care more if aside from Bitcoin, Elon's Tesla will be accepting Shiba Inu or Dogecoin. Let Tesla accept both of them if they wish. It makes no difference. They're still shitcoins that are created for the sake of pumping. I still advise people to be very careful if they wish to join their games. 
Some people are like that, they want to have the spotlight all the time but the more they look for it the more tiresome it becomes for everyone else, I think it has been less than a year since Elon has become part of this market and quite honestly I am already tired of the guy as it is quite obvious to me he does not care about the market at all and he is in it just for the money, and while that is understandable if he just kept his coins then that would be fine but this desire to always be news is what bothers me.
legendary
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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.
 

I also didn't think this, I can't believe that after all the fuss about bitcoin, Elon Musk is coming today to accept payment in SHIBA instead of bitcoin!!! this is unbelievable!!!
This news has caused a crazy spike in all meme coins, everyone knows Elon Musk's obsession with dogs but no one ever thought he would accept Dogecoin or SHIBA payments instead of Bitcoin!!!
I do not know what is going on in Elon Musk's head, but I am sure that this behavior is not innocent at all, Elon Musk is a businessman and is only interested in profit in the end, so it is certain that this movement has another goal entirely!!


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


The first person to buy a full Tesla car paid for by Dogecoin I think is Elon Musk himself!!! I wouldn't be surprised if he went out on his mom's birthday and gifted her a paid Tesla by Dogecoin!!!
hero member
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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.
Everything wont be possible or getting some value if there's no community behind on it and its true that Elon wont really be that enough on implementing out things alone.
It is just people behind do really still believe on such demand which makes these meme coins does have actual value even some people do say to be shit.
In regards with Tesla accepting doge or meme coins then its up to their choice.They wouldnt really be making such step if they do saw that those coins
doesnt really actually have some value or important.It is on people whether they do jump with the trend or simply avoid it, its your choice.
legendary
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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
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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
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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
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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: 4326
Merit: 8899
'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: 4326
Merit: 8899
'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.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Congratulations you are now a scammer and in many jurisdictions you are considered a criminal for market manipulation.
/s
I am waiting how many more people will fall the same trap repetitively. Knowle and unknowingly we are promoting this shit. In this case the Op adaseb is guilty and when I will post this I will be a part of it too.

Tesla is a big car company
Yes no doubt but they got huge attention recently when they started shitting cryptocurrency. Let's say Bitcoin.

People may or may not actually use SHIBA to pay for a Tesla because I assume SHIBA holders are only a very very very small minority, but this is just great marketing from them.
Mark my word.
Elon bought huge number of SHIBA which is not public yet. He is preparing to make it public. Price goes to Moon. Elon makes a tweet criticizing SHIBA, Price down to centre of the earth. SHIBA shillers lose their life savings.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
When you are that influential, you can create just a simple thing into your company, post it online and *poof* you are trending again in different social media platforms Cheesy.

Right now, both DOGE and SHIB didn't make a price increase but as this rumor or news will be spread in the next days there is a possibility that one of these two coins or both of them will pump short term.

legendary
Activity: 1974
Merit: 1150
I'm sure this will be making headlines again in the near future so people will be hype for doge or shiba. Very curious to see how traders react to the two altcoin, but I'm sure they're starting to be cautious about it.

Free advertisement using the news. Good tactic.
True, the hype will spread quickly enough among trader that major investors of both altcoin are ready to wait for their suitcases to be filled with fresh money. Taking advantage of the news, it is a profitable strategy.
hero member
Activity: 3052
Merit: 651
Free advertisement using the news. Good tactic.
I doubt someone will really try to pay for it. Considering how he is now making more hype, they will just continue to HODL all those Shiba coins.
He is using the Bitcoin strategy to make the value of it grow. He might be avoiding the truth that he is one of the top investors of both meme dogs but it's already obvious.
I wish people just learn from the past mistakes in the crypto industry but it looks like history will just repeat itself.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Elon's involvement and investment into Dogecoin is not a secret. Of course that he's hyping it, he's been doing that for quite long already.

That Shiba thing has been trying to gain hype from Dogecoin's popularity and I find that tweet about Tesla more an attempt to hype Shiba than Dogecoin.
And when Elon has turned down Bitcoin payments, he was implying that Doge may get accepted faster (and hyping it yet again...) So, again, nothing new here.


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

Dogecoin has infinite supply. So actually selling may not be a bad idea, since the hype cannot last forever.
legendary
Activity: 1372
Merit: 2017
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".
hero member
Activity: 3052
Merit: 685
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.

In practicality, you are right that no one would spend DOGE to buy Tesla, people who make big money do trust a real coin like Bitcoin, so even if they know that would happen, and Elon being the CEO of Tesla, he could always play the hype for his personal gain.
legendary
Activity: 3472
Merit: 10611
Step-by-step guide to make a shitton of money from the shitcoin market:
Step 1: be popular or semi-popular with a large number of brainless followers on social media.
Step 2: choose a random low value, low volume shitcoin that can get good pumps.
Step 3: buy as much of that shitcoin as you can over a long period of time in order not to change its price or let anyone know.
Step 4: start advertising the crap out of that shitcoin to those brainless followers so that they end up buying that shitcoin
Step 5: dump and make a huge profit

Congratulations you are now a scammer and in many jurisdictions you are considered a criminal for market manipulation.
/s
sr. member
Activity: 2380
Merit: 366
Elon's Tesla is still hungry for attention despite having much of it already. I don't understand them. But I don't really care if Elon's Tesla will resume accepting Bitcoin or not. I don't care more if aside from Bitcoin, Elon's Tesla will be accepting Shiba Inu or Dogecoin. Let Tesla accept both of them if they wish. It makes no difference. They're still shitcoins that are created for the sake of pumping. I still advise people to be very careful if they wish to join their games. 
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
You know how Elon Musk and Tesla are always on news headlines? Yea, this is one of those stunts. People may or may not actually use SHIBA to pay for a Tesla because I assume SHIBA holders are only a very very very small minority, but this is just great marketing from them.
legendary
Activity: 3808
Merit: 1723
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.



 
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