Bitcoin Forum

  I have bought some DOGE in the early days when it was dirt cheap
just for the shiba inu logo (and because it was dirt cheap)
and been holding it since then

Also for similar reasons(just 100$ deposit, cartoon looks also bulletproof) i put my name on the list for a tri motor Tesla Cyber Truck

Recently with all the hype and Elon Musks tweets DOGE is gaining popularity and looks like price will soar more,,

I wonder

How many of my DOGE coins will have to spend for my Cyber truck when uncle Elon launches it??

The base for Cyber Truck is around $40k. Today's price of Dogecoin is $0.04 and this after the pump and tweet of Elon, the pump's done.
$0.04 x 1,000,000 Dogecoin you get $40k. That's the number of Dogecoins you need if the price will remain stable at $0.04 but it gets lesser if the price pumps.
And you need more if the price dumps.

^ Wow, really !? have you been holding it since the early days? You are very patient. It is very different from me, who has sold thousands of Doge tokens due to the continuously falling price in the past few months. And now I regret it.  :(

Since miners receive 13.7 million fresh new DOGE every day and since I don't expect the current hype last too long, my answer would be somewhere between 2 and 10 million DOGECOIN.
I had my days dreaming like you did, but then I've learned about the infinite supply.
Maybe I'm wrong.  Sometimes I wish to be wrong. However, don't rely on DOGE too heavily for buying as Cyber Truck...

You can't know how much Doge that will get you a cyber truck because it is yet to launch as you pointed out, and since it is yet to launch that means there is every tendency there is no price tag yet, and if you cannot know the price of what you want to buy or since the price is not set yet, then you can't buy it but can only budget for it. Another thing is, what makes you think you can buy the cyber truck with Doge? Or is it because Elon Musk supported it or promoted it in one way or the other? Well, for that to take place, that is to say, he will be in full support of Doge and his company will be in agreement with it, and I even think, if they want to accept any cryptocurrency, then it might be Bitcoin. Nevertheless, there is another option, that is, depending on how many Doge you are holding and what the worth will be when the Cyber truck is launched, you can sell your Doge to fiat and then use the fiat to buy it, but for now, there is no way to know the cost of the cyber truck unless it has been made known.

Actually had kind of forgotten about their existence and remember them again due to the hype these days

Buying the truck one way or another  ;D

Hope it pumps though and of course uncle Elon accepts DOGE as a way of payment  ;D ;D

  well is a speculation question

and of course you never know whats happening in the crazy crypto world

would be interesting though if i was to buy it with the DOGE coins i had forgotten about their existence,
and then if it doesn't  will still buy it using fiat bitcoin or whatever else

This is a million dollar question.

Not interested in this calculation is correct? But do you think Elon Musk will sell his car for doge, I think not :). There is no reason at all, because I find his personality so unusual, even if he is a person I love a lot, but if Elon Musk hits this market what will people think?

IMO, that in fact I'd be more than willing to buy it if I had enough money and more importantly we could get it with doge :) . If one day this happens I will be able to think about flying to the moon and paying with doge.

And why not??


You never know whats happening in the crypto world and you might as well flying to the moon with doge or who knows what


Why not?

Well, he do aim out for DOGE since this is somewhat connecting on the current hype that circulates in the market which is typically with Elon musks itself

but i do agree into the point on not to heavily rely with DOGE earnings and if i were op, then better to secure those profits rather than on waiting for that Tesla truck to come out
before he would making up some conversions.Its a risky step to take neither you would be able to sell for profits or would simply miss out those earning chances.

Its his money though and he can do all he want.Back into the question on how much coins would be needing then on the current price then it would be 1M DOGE
and since it hasnt been released yet then 2M-3M would be a near spot neither the price decrease or increase in low scales.

I didn't know that's how the doge work. 13.7 million fresh new DOGE every day will need huge buy orders to fill every day for the price to stick around. Is Elon Musk anyway, the richest man alive and president of Mars. He can buy it all everyday and he can also tweet every day to ensure trend and bullrun for Doge. It's working for Elon. I don't see anyone comparing him to John Macafee.

checked, But find it irrelevant to the question, no?

something i stumble upon

https://decrypt.co/56616/what-we-know-about-the-dogecoin-address-that-holds-27-of-its-supply?&utm_medium=referral&utm_campaign=feed&utm_source=coinmarketcap

https://twitter.com/cz_binance/status/1357259732000538628
"Top 20 addresses holds more than 50%+ of all #DOGE"
Excellent centralization of the coin. In such a situation, the coin can be pumped and dumped using Twitter and other social networks.
Elon Musk wrote about Dogecoin several times before this post. This can be taken as a joke, "but when the joke is repeated 3 times already,then this is not a joke, but a call to action."

No one can tell you that for sure, but what I can tell you is that DOGE is quite a shitcoin and in the long run it will crash to zero. People who think that Elon Musk will make it official currency of Mars or something are delusional, because he is just enjoying having such influence over a market. This leaves Doge as just another Bitcoin clone with poor security and blockchain bloating problems. And the meme status is not something that you can rely on, all memes eventually grow old and become abandoned.

Guys and what if Elon adopts cryptos or just Dogecoin in the future and allows everyone to buy a Tesla by paying with Doge? Don't forget that it is his favorite altcoin!
Of course he's trolling every time he tweets about Doge or BTC or even about TSLA stock, but why not he allows people to use it as a payment method in the future when the crypto adoption will be in higher levels??

Shiba inu seems another copycat of doge coin and i know this, imo this is a garbage coin.
Just keep 1 million doge and as long as the price will not be less than the current price and you can buy tesla truck when it's gonna be released.
You should make at least 50k USD to make it happen.

The pice of dogecoin will always be pumping and dumping. Im feeling curious what when elon will be saying a bad thing about doge. Will it become the bearish trend for doge coin? It's a very interesting thing to see.

Then prove to me the reason he sold the car to receive Doge.  ::)
The short success of doge over the pastime is exactly being pumped publicly, and it's like shit coin pump in this market. I thought of such doge and don't think better for it.  ;D

Following Elon's promises and schedule, the real start of Cybertruck could be after 1-2 years. DOGE then will long time has forgotten.
If you don't sell around those pumps, you will need billions of DOGEs after the dump :D

I would say one day of mining Doge so around 14 million Doge. Start buying more of them now. Tesla Cyber will get on sale next year?  I do believe you would need to already reserve it to get it really fast. Reservation is only $100, so go for it.

Reservation Done long time now  ;) ;D
also got plenty of them
only hope uncle Elon accepts them as mean of payment!!

You can speculate as much as you want, the main objective of these pump is to make money in a short period of time but the market will correct itself in a week, if you are really interested in holding doge you need to collect the coin when the market goes down and have the patience to hold it for a long time until these type of pump makes an impact and then book your profit and book your cyber truck. :P

My advice is if you really intend to buy a Tesla cyber truck, don't use Dogecoin, because it's faster for you to invest in Bitcoin. At the current
price of Dogecoin, it would take a lot of Dogecoin to buy a Tesla cyber truck. After all, the Dogecoin price increase that occurred this year is
very rare, so in my opinion it's not a good idea to invest in Dogecoin if you really want to buy a Tesla cyber truck. The conclusion is if you really
want to buy a Tesla cyber truck with Dogecoin it will take a long time, but if investing in Bitcoin I believe it takes less time.

I dont see reasons why would not accept crypo. There are plenty of payment systems that automaticlly change crypo to fiat for merchants. Or partly exchange. Every merchant should offer crypto. They save compared to use creditcards.

Maybe you were right about buying a Cyber Tesla truck with a large number of Doges. But for now, we can't see that being accepted by Elon, even though Dogecoin is his favorite crypto. So if at any point Elon says "let's buy a Cyber Tesla truck with Doge" then I suggest you be prepared, and not just speculation. So far Bitcoin can buy Cyber Tesla trucks. then why don't you swap your Doge for Bitcoin? Instead of waiting for Doge to buy a Cyber Tesla truck? (if you really want to have it). otherwise I think it's useless to discuss.

  https://www.reddit.com/r/dogecoin/comments/ldyhts/much_wow/?utm_source=share&utm_medium=web2x&context=3

 https://www.reddit.com/r/dogecoin/comments/ldxwmr/soon/?utm_source=share&utm_medium=web2x&context=3

DOGE has surprised everyone and it can still surprise. Price right now is going up again (now already at 0.0735$)! I just put in a sell order at 0.2 and 0.5$; with these crazy times everything seems possible  ;D.

I agree that DOGE is not the best to buy a Cyber Truck; for that I would more rely on BTC and/or ETH.

Right now it would be very difficult to make $40K trading Doge unless you got maybe 6 figures to play around with. The best time to buy Doge was when it touched 15 Sats a few months ago which was the low of DogeBTC in the last 5 years. And whenever it touched this area it usually rallied. I bought some in that area but I sold everything at 40-50 Sats because, breaking 100 sats just didn't seem possible.

At that time if you invested $2000 you would of had your Cybertruck for $40K since the price back then was like half a penny and it always reached $0.10 so its a gain of 20x. Will it do another 20x, highly unlikely since it would put its marketcap right near Ethereums which seems highly unlikely also due to the fact that Ethereum right now looks expensive also. So who knows, maybe wait for it to go to $1 then short $40000 worth and if it goes back down to half a penny you got your Cybertruck.

I'm afraid the moment Tesla Cyber Truck launches the hype for DOGE is already over. I'm not sure how much you need but I suggest don't get to hype and ride the FOMO, just try to take profit on it, buy it on fiat instead of DOGE.

Even though i did bought it just for fun i dont see it getting forgotten anytime soon, lets see ;D ;)

https://www.reddit.com/r/dogecoin/comments/lfdc4k/doge_is_ready_to_drive_the_tesla/?utm_source=share&utm_medium=web2x&context=3