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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 did not surprise, it is expected that Dogecoin will be accepted on Tesla company since the owner of this company was a fan of Dogecoin.
Doge fans were probably happy with this decision with Elon Musk they should be thankful to Elon Musk about this meme coin that until now it is supported with the Tey. Probably many investors now following the same investment with Elon Mush but for me, I will not invest this meme coin, it is quite risky when a time comes Elon Musk will throw away with the bad news that could be the reason for massive lose.

The price that touched $0.14 few days back have touched $0.2 today. This is something big and large volume holders will experience a big variation in the portfolio. However this can be considered is a time to sell and wait for the next buyback. Tesla once again getting into the market to give hype to dogecoin. Once after the previous bullish move, more number of people have invested into dogecoin. Maybe those who bought at the down price book little profit.

Getting more real-time usage adds value to dogecoin. Something like Tesla doing it makes it popular around the globe.

I don't believe in Dogecoin, neither do I hodl any of it, but to be honest, this really looks like a big news for Dogecoin, I have been expecting Elon to make this move, in the past months he has made some negative comments against Bitcoin, so there was no way Tesla would go back to accepting Bitcoin. Having said that, Dogecoin seems to be Elon Musks favorite for now, thus I think Dogecoin hodlers can expect the current pump in the coin to continue and be sustained for some time, on the general point of view, and as far as crypto is concerned, it's a good news, even though it's not Bitcoin in this news this very time.

This kind of news is really good and positive news for the crypto money world. Because it shows a good spread around the world. But I don't understand where this Elon Musk's admiration for dogecoin comes from. Because dogecoin was an untrusted currency in the crypto money world. After Elon Musk, he came to very good places. I can't say where it will be tomorrow, but as long as Elon Musk and his company exist, it will come to good places.

This is a great milestone for the dogecoin family as this will help increase the demands for dogecoin which will end pushing the price up just as we have seen, I have always had the feeling of Tesla going to adopt dogecoin as the CEO is a big bag holder of the meme coin.
But to make tesla more famous the company should adopt a less volatile coin such as Bitcoin but with what Elon Musk has tweeted it's obvious that will not be happening since he started dogecoin being a better option to Bitcoin. Congratulations to all the dogecoin family.

They have been pretty silent in the later part of last year then they started this year with a big announcement. I'm not surprised but being added as payment method in Tesla could be just the beginning for Dogecoin. Watch out of bigger releases.

Some people may not like it but at least it has its own chain which is way better than other dog tokens still on Ethereum.

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 ::) because I remember he did same with Bitcoin to accumulate more Bitcoins now trying the ssme strategy with Doge as well.

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.

that's a short term hype and no more. It seems like that this guy called elon musk was totally a doge fan. he didn't even care with shiba inu and he was feeling good with the price of tesla. It seems like the price is entering into the correction again. The doge coin has no utility usage and that's why elon was bring it to be accepted to pay tesla merch but remember that this will not make the price can sustain for long term at this level. The fact that utility is something really important for us and that's proven so many times that tokens without utility usage can't sustain for long term.
That's so difficult to give utility to the doge coin as it's blockchain didn't the same like the smartcontract blockchain.

I don't know what Elon Musk is trying to do this time, it's hardly cunning. We've already seen the scenario he played with Bitcoin in his first tweet: Tesla will accept Bitcoin and then no!! Musk {}Will he really stick to his words this time, or will it be a similar story to the first?

That's very positive news, I hope that in the future many other companies will start accepting payments from crypto.. crypto will automatically grow and the price will be higher.. this is a good time for investment from now on.

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.

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.

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.

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.

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.  :D

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.

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.

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.

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. :) :) :)

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.

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.

I hope this time he is not playing with fire ;D

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.

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.

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.

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.

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.

https://i.imgur.com/cQR7fOX.jpg

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  ;D ;D ;D Anyways, I don't think there is much Elon can do again for Dogecoin we can say he tried  ;)

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.

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

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.

Everything can change at the moment when Elon Musk creates his own cryptocurrency and starts promoting it as the main Tesla brand. Then he will find many reasons to remove Dogecoin, as he previously did with bitcoin, as a means of payment for Tesla merch.

companies and public figures cannot create their own crypto

yes, okay, they can, but they will only be like usual vouchers. They will never be able to create a currency accepted by other companies.

However, they can "sponsor", and that is just what Elon has done, setting himself up as a kind of godfather of Dogecoin or honorary president. So he already has "his own" currency

Elon musk is the one who plays around the crypto market, elon says accept payments with crypto, is this trustworthy? maybe Elon make news like this in order to push up the price of doge.

Its been a good push for the meme coin Dogecoin and I can say that it's not a joke cryptocurrency anymore because it was already adopted by one of the biggest and technologically advanced mainstream companies like Tesla, Im not wondering if it was also used in Elon's companies like SpaceX because way back in the previous year 2021 Elon announce that dogecoin will be launched to the moon using the SpaceX rockets.

That's a wow news, with the tremendous success of the Tesla brand from the past year and over time, this will certainly be a boost for Dogecoin and cryptocurrency at large, I'm looking forward to see Dogecoin at $1 this year  

For this amazing news regarding tesla and doge, I couldn't agree more that when it comes to adoption there's nothing impossible for Elon Musk to subsidize the entire cryptocurrency associated with this product. Tesla has now come to a point that the world had been emerging to a new technologies related to several advancement, and much better cryptocurrency developments took more time to evolve with brilliant alternatives.

Actually very happy to hear dogecoin that I have always considered suspended animation has now risen again. I hope those of us who buy crypto close to $1 will soon benefit from here. Because the trend made by Elon Musk always has an impact in the market.

I honestly thought that the price of the coin would react better.In any case, this is already an event for the industry, given that there were not enough goods for everyone, I hope in the future this moment will be taken into account and will make an opportunity for everyone.

The dogecoin usability is the major point that makes Tesla adopt dogecoin over other coins such as bitcoin, a lot of companies that have a large holding in dogecoin believe the same thing that it has long term advantage, and Elon Musk also stated the same thing that the company is adopting dogecoin over Bitcoin because of its usability.
But on the other hand, considering the other aspect which is the investment aspect is a highly risky investment and since it is a meme coin it can easily be pumped and dumped at any time.

after all he is a businessman ,who also wants to reap more profits from society by making statements that bounce and then release ! dogecoin is push from community and will stay that way so , he its influence isn't really there just people wanting to get richer ,actually this is our chance but it's very risky

Yes, indeed, every next post Elon Musk raises a coin less and less. Obviously, the community has already got used to the fact that after the price of Doge rises after his tweet, it also easily falls later. So despite the fact that "Tesla march is buyable with Dogecoin", Doge is still a meme coin.

he can do this freely.
let's not forget when last year he implemented the same thing and banned bitcoin for later payments.
things like this have happened again and again for them and this is proof that he only wants profit for his business and not for mass adoption there.
regardless of that believe it or not it doesn't matter because if we don't believe it even if he will continue to do it because he has everything now both in terms of finance and strength when he has it.

Never crossed my mind how tesla could become this influental in the market honestly, a brand of luxury cars that only very few of us could afford yet everyone always put this brand in their attention.
If it’s other car brand that out of the blue decides that they gonna announces doge as car payment surely it will never be this phenomenal but it's only for merchandise and it's not the same like when tesla was accepting bitcoin to be one of its main payment system to buy tesla. Some people got trapped caused by this news. i thought that if that was for car payment but it's not.
Maybe it's because elon is such a genius that he could make his brand so influential in the market that even its simple act of accepting doge could become this phenomenal but this can also become his strategy to pump his bag.
it’s just his way of making some fortunes out of cryptocurrency honestly I doubt elon never take advantage of this opportunity. He was always getting involved into the pump and dump doge coin

This is very big News for crypto and i believe that this will Proof bullish Sign for Whole crypto market especial altcoin. I remembered when Tesla stop accepting Bitcoin whole market Crashed but now we expect same pattern in up side.

Elon is using doge as publicity.  A good way to sell over priced belt buckles and $35 tee shirts.  When one guy (elon) can make a price jump or crash based on a tweet it's just waiting to implode.  Doge will not be able to keep buy pressure to pace with the never ending block rewards.

Most of the times, he is just trolling the cryptocurrency market and this decision to start accepting Dogecoin to purchase Tesla is another gimmick from him and the thing that surprises is that he always wins the speculation game and hopefully he is investing whenever he plans to create a hype.

He pumped BTCitcoin using the same modus operandi and he is doing that again with Dogecoin, he is just showing how the investors in cryptocurrency market has short term memory power on the volatile decisions, Musk usually takes on accepting and then delisting them without any thought process  :P.

Wow, it is nice to see but Dogecoin is not an ideal coin. It is not scarce and it would be better, if only Bitcoin is accepted.
I hope, he will change his decision and change from Dogecoin to Bitcoin.

After reading the title I wasn't sure at first glance whether this was and old thread or a new one (I have stayed quite unplugged from crypto last week).

Well, it seems that they started accepting "crypto" again, which surprises me, like many of you. As some of you have already advanced, let's see how long does it take to announce that they won't be accepting payments in Dogecoin anymore ::).

Tesla company is not consistent about accepted payment using cryptocurrency, although last day Elon Musk as Tesla owner announced about doge payment accepted is not guarantee with consistent his words, you can see at the first moment he has said before about Doge coin as legal payment in Tesla Company, but few days later he broken his promise and make new announcement to banned using payment with Doge coin, now he try to make you trust again with his word about doge coin payment in Tesla and better never trust him again, he want to  play with doge coin price where suddenly could dump if tweet about doge coin as illegal payment in Tesla.

The real standing is that they could create a within the whole holding type of stuff and that could work very well. Imagine facebook creating their own token, that means you can use it on facebook, whatsapp and instagram. That is actually quite big area to use a currency in, how many coins are used that wide? There are like maybe 10 of them at the very best case, probably more like 2 or 3.

This is how it could happen, not that it would be used by other companies but if a place like google or facebook or apple or anything else creates their own token then they could make you use it, as an alternative of course, you can still use dollars, but you could use their tokens as well. That is the most important part and that is what I believe should be the case whenever they create a new coin as a company. It is not the perfect version, but not terrible neither.

Elon Musk's strategy is great. what i was thinking, elon musk before making about crypto i think he had bought bitcoin first before tweeting the price soared. for Tesla car payments I think they are thinking back. because the price of coins that always go up and down, of course, you will not use payments via cryoto.?

Well we have to be careful here, Tesla only accepts Dogecoin as payment for their merch and i guess the sales volume of their merch is very low compared to their sales volume for cars. One of the reasons, or at least a factor that increased the bullrun of last year was the announcement that Tesla accepts Bitcoin as payment, not only for their merch but also for their cars. Of course people are crazy enough to buy Dogecoin just because Elon Musk made another tweet about it, but that news is very small in comparison to the one of last year. I am not sure, if Tesla will ever accept Dogecoin as a payment method for their cars.. in the end it's just a sh*t-coin.

They did a dry run on accepting DOGE when buying Merch and I think it went well, this adoption is indeed a great opportunity for DOGE and for sure it will create another hype for this meme token which I think will begin once the market recovers. Though this news doesn’t move the price of DOGE that much, maybe the hype is not there yet but soon it will come, better to have some DOGE now while it is still cheap.

Yeah sure, nobody knows what he wants to do with all of this. But in terms of probability, I believe as far as I am concerned, Musk won't create another cryptocurrency noting the consistency he attained into Dogecoin that has been known since 2019. So, I think it will have a higher chance that Doge will keep being accepted in the merchandise shop. He was also questioned in regard to creating a cryptocurrency back then.

Oh wow, seriously Elon Musk is back at it manipulating crypto markets? How are people still falling for that? I do like SpaceX and the Tesla cars, but I don't like how Elon Musk uses his twitter account to promote or banish crypto projects. He has a huge followership that will buy anything he prompts without thinking twice.  We know that Elon Musk is one of the whales behind the doge coin market, so promoting it will benefit him directly. But who knows how long tesla will actually accept doge, it might be only a few weeks. I remain sceptical for now.

This is a good idea so that it makes us optimistic and excited to keep cryptocurrencies, I'm sure this will have a big impact and be a domino effect for other big companies to immediately accept cryptocurrencies.

In this case, the price of Doge will decrease more than it has now increased after Elon Musk tweet. After all, we remember how much the price of bitcoin decreased when it was banned as a means of payment for the purchase of Tesla. And given that the capitalization of BTC is 40 times larger than Doge, such a drop in price can be fatal.

When an investment advice is announced by a public figure like Mr. Elon, even it's a bullshit, people will react by FOMO. And this is how such a big influencer can reach his greedy goals easily.
Note that in his announcement, he didn't mention why Doge is better than bitcoin as a payment method. If so, then why other businesses don't use it the same way.

Although it's easy to discover that it's a hype declaration by just asking two questions:
1- Why Mr. Elon chose Doge from more than 16k cryptocurrencies in the market?
2- What's his opinion about the Doge's inflationary supply?

This situation is very likely. After all, it was exactly this same story with acceptance and then the abandonment of Bitcoin payment in Tesla.
Elon Musk playing with the price of Dogecoin is very dangerous. As you can see, you can earn a lot from it, but the risk of loss is also very high.
At any moment, the price could dive for a lot more than it has now risen.

It looks like another pump. Let's place bets on how long it will take for Mask to cancel accepting dogecoin. In this news, the negative point is that after paying in doge, the product loses its warranty, and this looks like cryptocurrency discrimination. This news did not impress me and created even more doubts.

This is a good and mutually beneficial step, after hearing that Tesla accepts cryptocurrencies it will make Tesla actively discuss the very large cryptocurrencies community and of course this will be a start for other companies that will soon accept cryptocurrencies.

The different between doge coin and bitcoin is doge coin being used as payment for tesla merch and bitcoin for its main product. If elon was thinking if doge was a better option and why he doesn't accept doge coin as main payment system for tesla. it seems like that he was testing


The pump can sustain for longer and it's dumping again right now. The reason is due to the bitcoin consumes a lot of energy. So many bitcoin miners are also moving to use green energy but it seems like that elon didn't even think about it again right now. This announcement is not so big and i thought that it was being used to pay tesla car but it's only merch.

This was totally expected because when elon introduced himself as dogfather then he must have a plan for doge. It was predicted before and now we are seeing its been live. I think its one of the first master stroke by elon about his doge plan. Very seen we could see that people can buy starlink data by doge coin. Like shiba Inu doge could also be accepted by many online ecommerce platform in the near future.

Elon is benefiting more from this but what's the benefits of general people? Is it a benefit to buy tesla product with crypto currency? I don't think so because elon can deny crypto currency any time. It's his sweet well to list and delist.

what do you expect from there, don't be too naive because they just want profit.
wasn't it a few months ago in 2021 they did the same thing after that made the news they refused bitcoins for payments. and now they take it back.
only for those who are truly naive and his supporters who believe he is here for crypto. No, he's here for his own personal gain.

For elon he was getting more money as the price for his bag is increasing a lot as well as his company receive some profits from the merch sale and for the general people who have bought doge coin at the botttom and they get capital gain from their investment but it's so sad for people are hyping this coin and buy at the peak price. They may feel bad about it as they are losing their investment.


It's merch and that's not the main product. You may need to read it again. If you know it carefully and then tesla didn't add doge coin to be its payment system for tesla car. it's not related to the tesla car payment gateway

Tesla have been on and of on cryptocurrencies adoption as payment but since Elon musk is the now known doge father may be Tesla dogecoin cooperation will be a lasting one.

Im sure with this and remember that it's only for merchandise so that being said that if the doge coin holders that wanna try to buy the tesla car must also convert their doge coin to the cash to buy the tesla car.
This announcement didn't mean a lot fot he doge coin holders. The adoption of doge coin by tesla on its merch store didn't give a very big impact to the doge coin.
that's why elon asking mcdonald to adopt doge coin as mcd has so many users that actively doing transaction in the store and this will be increasing the demand for the doge coin.
This doge father never feel tired to shill his doge bag. what a shame lol. The community known so well about this billionaire habit

This is good news for Doge coin holders and lovers. The adoption of Dogecoin as a means of payment is another 'plus' for the crypto space as a whole. Elon Musk have actually carved out a niche for himself in the crypto industry and will be remembered for this. Indirectly, he is also an inspiration for all those that look down on crypto as well as source of inspiration for industries/establishments. Currently, there are numerous coins/tokens that are named linking to things/pets associated with Elon Musk.

Yeah, they were. But one fact, they still have the investment with bitcoin. And AFAIK, they've just sold 10% of it and with the purchase they made, the average price of bitcoin when they did that was $31k so, it means that they're still in profit.

He keeps on talking about Dogecoin so it's really the best choice for him to accept payments only in Dogecoin. But I think it will change his mind and will start to accept payments again in bitcoin.