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Topic: Tesla now accept crypto payments - page 3. (Read 558 times)

sr. member
Activity: 2436
Merit: 343
January 15, 2022, 06:42:33 AM
#32
Nothing will change though, Dogecoin will still be a meme coins no matter who is going to endorse it even if it will be Elon Musk himself. For one, crypto investors is done with Elon, for manipulating the price and what is his real narrative behind. Second, we are already in a bear market, so even if they are going to accept it, there will be no pump unless it will be coming from a p&d group. But we all know that it will be just temporary and they are just going to make money out of noobs investors.
He did once, and he did again? I suppose to think that people had learned already from what he did before. I'm not thinking he would like to help us and promote crypto by announcing their(his) company will accept crypto, there might be another reason behind that move. I hope I was wrong but it is likely he wanted to manipulate the market as well through shilling Dogecoin again.

Well, perhaps it was another try, and he never wins again. I wish he doesn't mention again accepting Crypto like Dogecoin as people (many) will only give doubt, not support.
jr. member
Activity: 840
Merit: 4
January 15, 2022, 06:28:51 AM
#31
This is Elon Musk people. I take his word with a truckload of salt. For all we know he would wake up tomorrow and tweet about bitcoin being the best thing after sliced bread. And he also gave a huge caveat about doge adoption
legendary
Activity: 3080
Merit: 1353
January 15, 2022, 05:37:29 AM
#30
Nothing will change though, Dogecoin will still be a meme coins no matter who is going to endorse it even if it will be Elon Musk himself. For one, crypto investors is done with Elon, for manipulating the price and what is his real narrative behind. Second, we are already in a bear market, so even if they are going to accept it, there will be no pump unless it will be coming from a p&d group. But we all know that it will be just temporary and they are just going to make money out of noobs investors.
hero member
Activity: 1344
Merit: 565
January 15, 2022, 05:32:47 AM
#29
Tesla CEO Elon Musk has announced dogecoin adoption as payment for its products, this news came after Elon musk earlier tweeted about the done coin being a better payment option compared to Bitcoin. As we can recall that Tesla use to accept Bitcoin payments in the past before putting on hold its crypto payment gateway.
This announcement gave dogecoin a push-up in price as the coin gained 25% after the announcement.
Reference
https://cointelegraph.com/news/dogecoin-leaps-25-after-musk-announces-doge-payments-for-tesla-merch



I don't see anything going on here. Even when it was just an announcement of support for the coin, we saw a better upward rally back then and this announcement of adoption for payment Tesla merch would have pushed more than this or maybe it was just because it was for the merch and not for "Tesla" the Car  Grin Grin Grin Anyways, I don't think there is much Elon can do again for Dogecoin we can say he tried  Wink
legendary
Activity: 3304
Merit: 1617
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January 15, 2022, 05:32:37 AM
#28
I don’t get Musk’s obsession with DOGE, let’s be honest & admit it has zero use case & is pretty useless as a unit of transfer. It has a near infinite supply cap which renders it useless. I think Musk just enjoys the cult following he has with the DOGE community so he enjoys the adulation they give him. It’s reflective of narcissistic personality which I believe he has.
full member
Activity: 700
Merit: 100
January 15, 2022, 05:25:08 AM
#27
I am not surprised that he again decided to raise the price of bitcoin due to the informational occasion. This story is about how one person shakes the course of a coin with a budget of many billions, with his statement. If a Major Country decided to make money with coins, it would be possible to sell real estate and citizenship for cryptocurrency.
full member
Activity: 1382
Merit: 105
January 15, 2022, 05:14:22 AM
#26
This is a good start for Dogecoin by accepting Tesla CEO Elon Musk payment in Dogecoin, the price will be bullish more in the coming days, I hope more developments will be coming in Dogecoin, in future more companies will accept Dogecoin as a payment method.
hero member
Activity: 2716
Merit: 552
January 15, 2022, 05:03:46 AM
#25
I hope this time he is not playing with fire Grin

You bet that.
The intention isn't really an adoption, but a temporary one. Pumping it hard for his own benefits.
This is like a double edge sword for him. He can profit selling his product while profiting from the currency he received when someone purchases his product using Dogecoin which at the same time I doubt if there are actually people who's willing to pay for one after he put a hype on this meme coin.

That defines why he became the richest man in the world.
hero member
Activity: 2604
Merit: 816
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January 15, 2022, 04:44:49 AM
#24
I hope this time he is not playing with fire Grin

He still likes to play crypto, after all. Maybe that is good news for crypto users and helps the price increase, especially Dogecoin, since he mentions Dogecoin in his statement. I am curious how many people will buy his product using Dogecoins or other coins. Hopefully, he will not just accept Dogecoin as payment for its product but other coins such as bitcoin and other coins.
legendary
Activity: 1932
Merit: 1273
January 15, 2022, 02:27:21 AM
#23
Tesla CEO Elon Musk has announced dogecoin adoption as payment for its products, this news came after Elon musk earlier tweeted about the done coin being a better payment option compared to Bitcoin. As we can recall that Tesla use to accept Bitcoin payments in the past before putting on hold its crypto payment gateway.
This announcement gave dogecoin a push-up in price as the coin gained 25% after the announcement.
Reference
https://cointelegraph.com/news/dogecoin-leaps-25-after-musk-announces-doge-payments-for-tesla-merch
If I am not wrong this has been announced few months before by Doge and that time the prices of Doge reached new heights so nothing really new and we can't consider this as adoption because we never know when Eoon will announce that they won't accept Doge anymore Roll Eyes because I remember he did same with Bitcoin to accumulate more Bitcoins now trying the ssme strategy with Doge as well.
The last month announcement was just planning, now they are officially accepting Doge as a way of payment for their merchandise. Actually, I believe Elon once ran a poll on Twitter far earlier on that, tweeted if Tesla should accept Doge or not. So that is not surprising I guess, a thing that he has consistency is to spread around the Doge.

But somehow I believe that at least they will accept Doge for some long period of time, maybe last longer than when Tesla accepted bitcoin back then. I assume, that he has been consistently "shill" Doge, so I think it might stay for a while.
hero member
Activity: 2170
Merit: 530
January 15, 2022, 02:17:14 AM
#22
As a meme coin holder, this news is certainly very encouraging. Previously, we also believed that even though some people did not prioritize them and only considered it to be a meme coin that would not necessarily increase in value, I am very happy with what Elon Musk / Tesla has decided. By accepting doge as a tool to pay for their merchandise, even though I haven't been able to buy products from TESLA myself, at least the tweet has increased the value of our assets. Smiley Smiley Smiley

It's a good news to those Doge holder truly this is very encouraging for them who holds it for a long term. This news didn't surprise me at all because we all know that Elon Musk really supports doge and accepting it as a mode of payments on Tesla is quite such a plan already for him. However, even if this kind of information lifts up the value of meme coin I am personally didn't really trust meme coins, I mean because of its lack of use cases and that's I guess what would make it less valuable in the future , this is just my personal opinion.
hero member
Activity: 1736
Merit: 501
January 15, 2022, 01:52:04 AM
#21
As a meme coin holder, this news is certainly very encouraging. Previously, we also believed that even though some people did not prioritize them and only considered it to be a meme coin that would not necessarily increase in value, I am very happy with what Elon Musk / Tesla has decided. By accepting doge as a tool to pay for their merchandise, even though I haven't been able to buy products from TESLA myself, at least the tweet has increased the value of our assets. Smiley Smiley Smiley
legendary
Activity: 2268
Merit: 1379
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January 15, 2022, 01:23:22 AM
#20
That's the plan of Elon from the beginning. I can see a huge surge on dogecoin yesterday making mroe than 10% gains on doge. I'm pretty sure his gonna hype it more in the coming days. Dogecoin surpass immediately avax on position and might flipped luna as well. But be warned that it could dump as btc might pull back anytime.
legendary
Activity: 2814
Merit: 1112
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January 15, 2022, 01:10:19 AM
#19
Tesla CEO Elon Musk has announced dogecoin adoption as payment for its products, this news came after Elon musk earlier tweeted about the done coin being a better payment option compared to Bitcoin. As we can recall that Tesla use to accept Bitcoin payments in the past before putting on hold its crypto payment gateway.
This announcement gave dogecoin a push-up in price as the coin gained 25% after the announcement.
Reference
https://cointelegraph.com/news/dogecoin-leaps-25-after-musk-announces-doge-payments-for-tesla-merch
This is good news for Dogecoin holders but only for those who bought not at the time of the big pump last year, as I'm sure many became dogecoin holders because they stuck to high prices, because news like this only has a temporary impact in short time and the price will return to follow the movement of btc.
However this news could have a good impact on crypto because tesla is a big company so it is very possible for other big companies to follow what they do.
sr. member
Activity: 2436
Merit: 267
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January 15, 2022, 12:50:18 AM
#18
Elon Musk still likes to play the market, Maybe he bought a lot of Doge when the price dropped, after he bought a lot he pumped it with the news. I hope after he sells it and makes a lot of profit he doesn't make FUD by stopping Tesla payments using Crypto like the old days.
there will always be what you fear with @elonmusk's behavior, because we know as entrepreneurs it is clear that the goal is to make as much profit as possible, let alone having done success with tweets alone being able to raise the price of doge.

whatever an @elonmusk will do to be able to achieve his goals, because for him business must be profitable and he doesn't want opportunities that can be done not to be achieved properly. so it doesn't matter that @elonmusk will do anything for his successful cause. everyone should understand that and not be lulled by what he says.
hero member
Activity: 2366
Merit: 504
January 15, 2022, 12:11:38 AM
#17
All of good news about doge coin will always be related to the tesla and it seems like this foundation will become a doge pump foundation. Elon was always trying to pump doge coin with so many good news that came from his company and im feeling curious about what will be the next news to come for doge coin. How long this foundation will keep create FOMO to the doge coin. Im sure that the hype can't sustain for long term even tesla was bringing doge coin so many good news. A small pump that happened due to this news will disappear soon. I thought that tesla has more stretegy for the doge coin lol.  Cheesy
legendary
Activity: 2758
Merit: 1004
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January 14, 2022, 11:58:19 PM
#16
Well, this is very good news for Dogecoin holders. Honestly, I'm not really that surprised by this, because Elon Musk has been talking about this for a long time, so when Tesla actually accepted Doge as a means of payment, well, we've all been waiting for this for a long time. however, this brings the price of Doge back into the $0.2 range. I don't know what Elon Musk's plans are, but so far I still don't really trust the doge to hold back long term.
sr. member
Activity: 1176
Merit: 252
January 14, 2022, 11:00:23 PM
#15
Elon Musk still likes to play the market, Maybe he bought a lot of Doge when the price dropped, after he bought a lot he pumped it with the news. I hope after he sells it and makes a lot of profit he doesn't make FUD by stopping Tesla payments using Crypto like the old days.
full member
Activity: 1204
Merit: 102
January 14, 2022, 09:27:06 PM
#14
Tesla CEO Elon Musk has announced dogecoin adoption as payment for its products, this news came after Elon musk earlier tweeted about the done coin being a better payment option compared to Bitcoin. As we can recall that Tesla use to accept Bitcoin payments in the past before putting on hold its crypto payment gateway.
This announcement gave dogecoin a push-up in price as the coin gained 25% after the announcement.
Reference
https://cointelegraph.com/news/dogecoin-leaps-25-after-musk-announces-doge-payments-for-tesla-merch

He did the same thing with Bitcoin and it also got pumped and then he announced that Tesla won't be accepting Bitcoin and it got dumped. The same can happen to Dogecoin. We as a community should start ignoring this guy as he has been very unstable of what he wants to promote from last year to date. I do not know for how long Tesla will accept Dogecoin.

I agree with you, what he conveys is never consistent. before doge, he already did it on bitcoin last year. they said accept bitcoin, in the end stopped and didn't accept it. I'm sure this will also apply to the doge someday. so don't easily believe what he says, stop listening to every thing he says, it will get better.
legendary
Activity: 2688
Merit: 1065
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January 14, 2022, 09:21:43 PM
#13
It's good to see that a big company, Tesla, consider adding crypto payment in the form of Dogecoin.

Not being negative here but as the CEO is a DOGE lover, it might be one of the reasons to shill that coin, and in return, who will be the winner?

If the most dominant coin which is Bitcoin is removed to their payment method, what's more to Doge. I suggest not just to enjoy that news but rather be cautious being FOMO. I also have some DOGE but not to the point they have my trust.
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