Bitcoin Forum

Imagine Elon Musk charging verified accounts in $Doge monthly.

Food for thought

Almost everything Elon touches turns to gold eventually. I don’t think he will integrate DOGE into the payment system of Twitter though.

I half think Elon just enjoys mild trolling & the narcissistic traits he has make him continue pumping DOGE because the community treats him like a God. He loves the attention.

He doesn't need to charge BTW, his tweet is enough to pump a token or coin. And everyone knows he is a doge fan. It's all about the pump dump game and making money. He becoming richer and we becoming poorer lol. See even all the market red how was pump doge? Any brands shouldn't charge for verification like Facebook or Twitter. So it wouldn't happen. Rather they might start some other service where they can accept doge like ads.

It is unlikely to benefit the social network itself, and if any paid subscriptions appear, The Indepenndent may be right in saying that the arrival of Ilon Musk to Twitter will mean the death of this platform. If we're talking about introducing DOGE to Twitter, clearly not as a way to collect money from verified accounts. It would make more sense to add DOGE as a way to pay for tips, donations or to pay for some merchandise within Twitter. Surely Musk would make some sort of internal marketplace.

due to doge's endless reward supply and dwindling inflation rate Musk can pump it on and off for decades.

It is a legal easy cash cow for him.

every block is the same
no ½ ing
coins never run out but every year the % of coins add is lower.

year
1 = x doge
2 = 2x doge 100% inflation
3 = 3x doge   50% inflation
4 = 4x doge   33% inflation
5 = 5x doge   25% inflation
6=  6x doge   20% inflation
;
;
;
10 = 10x doge
11 = 11x doge 10% inflation

.
.
.
.
20 = 20x doge
21 = 21x doge  5% inflation
.
.
.
50 = 50 x doge
51 = 51 x doge 2% inflation
.
.
.
100 = 100x doge
101 = 101x doge 1% inflation

This is an easy peasy cash cow for him he will milk it all the way to the bank
 

Are you speculating or this is a piece of verified news if he will charge a monthly subscription to stay verified this could put Twitter in trouble and this will open opportunities for competitors, all the social media that's set up with monthly subscriptions are all dead or will die, in the past some developers tried to implement it but they failed miserably, some users cannot and will not keep up with the monthly subscriptions.

The title must be elon and its effect in social media. Doge coin was nothing without elon and it will not be pump so high like this time if it doesn't even got support by elon musk. This is quite clear that if you're talking about imagination which was about the speculation yet elon said to accept doge coin as micropayment for twitter but this gonna be a big question whether elon will do that for real or not. Just waiting what's gonna coming in the next months. Im not sure elon will do that. it's unlikely to happen.

Will you pay a monthly subscription just to retain being verified, I'm not, if this happens Twitter will be the first popular social media site that implements monthly subscriptions, he loves challenges but instead of building Twitter and moving it further, people will just leave Twitter and look for a free one like Facebook or instagram, his loss will other social media gains.

But that'll take out the whole special feeling of been verified, people won't value it again since now it isn't earned but bought. If everyone can buy a verification sticker then nobody value the verified symbol anymore or people working hard to build up their reputation so they can be easily verifiable when they apply will be lost and all accounts now looking concerned  Elon won't want that at such I don't think paying for verification would be introduced. Also if twitter finally goes through with asking for payment for verification and still want dogecoin to be the payment currency, they can do that by doing the necessary things needed to make that possible and they'll be getting lots of support from the cryptocurency community.

As we talk more about Doge, it gives benefits him, and the more we talk about Elon Musk, the more he plans to manipulate Dogecoin.
Because what he did on social media is one way of making attention to the community and as he gains more attention, the more he could influence the minds of the people.

He is not only manipulating the price of Doge but also the minds of the people who keep following him.

Worst idea though if he will done it that way, he is a very good businessman, but I doubt that he will go that route to charge every verified Twitter account for $Doge and it's going to be monthly? Twitter has other ways to make money though as far as I know, and it Musk wanted to keep this social media then what he needs to go is to introduce something, improved and your food for thought might not be in the list.

Yes, he could be the biggest holder of Doge and we have seen his pushing it very hard to the extend that we call it manipulation.
But he is a smart man and he doesn't want Twitter to go down, he might have few ideas on his own to make it still on the top of the social media game and then continue his manipulation of Doge to whichever way he can.

Really hard to predict on what would be his next move whether he would be emphasizing Doge or would really be just continuing on what the current market do really sees into him.

We cant really avoid the fact about those manipulative intents or ideas behind on why Elon is been doing all of these things.Making up presumptions comes from the public is something that you cant blame on.

It cant really be that avoided that things in the past that he had been engaged or been hyped into will eventually get dragged along with the current happenings or fundamentals
on the market.

I had no idea Dogecoin would grow to where it is now when I first heard about it. Like, Elon Musk came out of nowhere and made Dogecoin as his "toy"." I believe that Elon Musk will continue to be involved with Dogecoin as long as he and Dogecoin continue to be hyped by the public. As long as Dogecoin is solely a meme currency, any proposed applications are, in my opinion, doomed to fail. Because the issue of scalability must be addressed. Worries about safety? or any other such technicalities We don't want any catastrophic problems to crop up when it's employed on a large scale, do we?

How much do verified badge holders make monthly on twitter? If majority they not make money, then another platform will soon gain many followers. $20/month is not very expensive but when compared with some nation with poor currency value then it's  huge sum. Let's see as this go.

Those verified accounts are likely to pay that on a yearly subscription and that's an easy amount for them. They've got huge followings and usually, they're being followed by those so does the money follow them.

It's not a problem for them and it's going to be like an investment for them if their Twitter account being verified generates them money.

Maybe Elon would add the option of receiving those $20/month in Dogecoin if he's really into it but I doubt it.

A few minutes ago Elon made a tweet with a picture of the twitter logo on the clothes worn by the doge.
this will make the hype doge like it will continue. And I still think the best meme coin is Doge. because as long as Elon continues to talk about it, the community that holds doge will continue to grow and multiply.
 Check Elon Musk Tweet (https://twitter.com/elonmusk/status/1587297730631696384?s=20&t=qdTUEvbzAbzqXady8hhGLw)

Is there such a thing? That Twitter is asking money just to be verified? I don’t think it’s right to charge people to be verified because a lot of hackers and scammers could just pay and try to scam a lot more people, and that amount would be easy to recover with those types of hacking.

That is definitely not gonna work.

I guess it might not be good for Elon to do that because he might lose the trust of the Doge investors. But I also don't know if it will really be done by Elon or just a joke. And hopefully, it's just news launched by people who are not responsible and want to worry people. But if it's true, I think people will leave Elon alone and have no support whatsoever.

Elon made a tweet of a pic of a dog wearing a shirt with a twitter logo, this will prolly make doge pump

I think it's just fake news. For sure Twitter got their own decision that will help the Twiter itself, charging customers just to get verified (blue check on their profile) is not effective. This fake news for sure made by haters of Elon Musk.
Speaking of Dogecoin, for sure Twitter will start accept such cryptocurrencies especially Bitcoin not only Dogecoin for some part of the Twitter.

Why will he do such a thing? I doubt Elon despite how unpredictable he is will ever request payment from Twitter users. this platform has been free for everyone right from the start, so why would he want to change that so suddenly?
Maybe he can create a means where dogecoin will be used in the platform but definitely not charging fees for account verification, that will be so centralized method.

He is going to charge 20$ monthly from users who want a verified seal (blue seal) near their names. For common users nothing is going to change, though. That idea is being discussed and even if they set a price inferior to 20$, people will have to pay anyway, or lose their badges.

The doubt is if users will be able to pay the membership with cryptocurrencies or only fiat.

Elon Musk is a pure businessman. He won't expect him to spend that amount of money to acquire Twitter without trying to get it back. To him, everything means business. He owes Twitter he can create whatever rule he wants everyone to abide by. He has dissolved the Twitter board, to implement his idea. Gradually he will be unfolding his other plans.

"Dogecoin - Musk - Twitter" we are hear this words together very often last time.
I hope Musk will not implement paid 'EDIT' button ;D (only in DOGE hehe). But if he implements crypto payments into Twitter, for sure it will support BTC, ETH, BNB, and oth. popular crypto, not only DOGE, and also he most likely will add some paid services and "features".
I expect (hope) there will be still free registration and no paid subscriptions. 

I want everyone to read this, I want everyone to understand what type of hype that people want for doge and what type of people who like doge to go up. I could easily say "what if joe Biden says bitcoin is our new reserve currency!", would you find that reasonable, would you invest for it?

There are so many people who are still living in a dreamland and that is not the way it should go. I personally hope that the best thing to do would be making sure that you are not investing based on what a billionaire weirdo would do, because that is not a good way of investing. I personally believe the fundamentals of any project would worth more than 10 Elon musk hypes.

it might increase value of doge for any decision coming from elon relating with his twitter platform in term of implementing and even integrating doge in their twitter system but then again whether that's gonna be realized, still full of doubts, even though right now doge is already having massive increase in value I think we should see whether there's actually some planning coming from elon in term of integrating doge in to their twitter platform. by then if there's real decision coming from elon, investing in doge would seems worthy even though big chance it's already too late to invests in doge since the value might have increased already.

How much you will charge those verified accounts for monthly? This thing is a useless idea for sure. It's better elon to adopt doge coin as a payment system rather than only used for that shit. I do agree about making doge coin to be a micropayment system in twitter.

It would be very useful rather than try to use it for another purpose. I meant look at what already happened right now. it can be said that if doge coin is potentially being used by elon but we didn't know what he will be doing with it.

There are so many speculations about doge coin right now. I can understand about people making bunch of prediction about that. It's all about the hype and no more.

Well, he is a businessman and he saw opportunity in cryptocurrency particularly in DOGE that's why he is maximizing it.
There was a time though where his tweet that has DOGE has no effect on the coin whatsoever but for an unknown reason, people always link DOGE to Elon Musk especially now that he already got Twitter, many are saying that he might integrate it into the platform.

I don't know how he will integrate DOGE as a payment system or will he ever integrate crypto in the platform, but one thing's for sure. He will continue to keep himself richer with the help of DOGE, and those investors who are following him will lose their money.

Elon is the only businessmen I know that he always includes some weird in what he is doing. I still can't forget the time where he carried a sink while going to his office just after he bought Twitter.

 The purchase of Twitter is in my opinion a bid to increase the popularity of doge coin. Before the buy, doge coin was trading at $0.7 but now, it has been pumped by 115% to be 0.13. He stated that since Twitter will be an everything app, Doge should be used as a means of payment for services. Since Dogecoin is also a means of payment in Tesla and Space X, it doesn't seem unlikely that such an idea would be embraced by Elon.
 
 News also has it that Binance is looking to incorporate it's services to Twitter and since the crypto platform is one of the world renowned and also one the financiers of the social platform takeover, it could seem likely that they may have a spot as well.

 

To be honest, I won't be surprised If Elon Musk starts accepting doge coins for monthly payments from verified users. Because he has always been the biggest supporter of dogecoin. As of now, this coin has no use case with unlimited supply but if it happens, then this coin will have a strong use case which is obviously a piece of good news for its holders.

Today, Twitter-owned by Elon, everything can happen, he can command the air, the sea, and the land and that is the power of money Elon possesses lots of money that will affect the future of dogecoin, so, what should we do? watching? criticizing or riding to this very trending event?