MCDev
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May 13, 2021, 01:54:18 AM |
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As far as I know Doge is an endless supply coin, how much it can be issued is up to the owner's liking. If Tesla accepts Doge for payment, it is very likely that a large amount of Doge will be released and buy the entire Tesla.
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southerngentuk
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May 13, 2021, 03:04:21 AM |
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I'm only interested in the present because what I'm seeing is price manipulation in this market by Elon musk, just with tweets that can affect this market, I'm very concerned when the account can get hacked and create bad and bad signals for this market.
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ElmedoRator
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May 13, 2021, 04:24:27 AM |
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As far as I know Doge is an endless supply coin, how much it can be issued is up to the owner's liking. If Tesla accepts Doge for payment, it is very likely that a large amount of Doge will be released and buy the entire Tesla.
Even bitcoin is being overturned by tesla and Elon Musk, what future will a coin like doge coin have if he will do it. Don't let their tricks hit the current investment sentiment, after a few market swings I think great drama is still ahead and it won't end simply like this.
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fileo
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May 13, 2021, 05:16:02 AM |
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Tesla might be put into danger as we all know Doge is not stable token. In fact in some cases Doge token looks like pump and dump. However, there are a lot of people in crypto that are benefiting the pumpof Doge. I don't think Doge will become acceptable to Tesla because this token is a meme coin not stable. Tesla may accept Bitcoin and usdt, and some stable tokens for safer business.
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bayudndy
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May 13, 2021, 06:23:52 AM |
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Although I lost faith in doge a long time ago, I don't think this game will end so soon. I think it is very likely that in the near future Elon will continue to have tweets in support of this market. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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goinmerry
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May 13, 2021, 06:59:11 AM |
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It's totally out of the context if we have to answer questions like that.
Whatever the plan of Elon then just go ahead whether it's for a shilling or not.
We are also benefiting from these shill types if we were able to execute our strategy properly.
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Sled
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May 13, 2021, 07:16:00 AM |
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There's nothing wrong with Tesla accepting DOGE, it's their decision and they are a private company so they can do whatever they want. So, what would it result to the market, I think it will result in a positive way as we are seeing some sort of adoption here, DOGE will become a big player in the market since it's accept by big company, and with that, more companies might accept DOGE also.
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cryptoperkele
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May 13, 2021, 07:31:15 AM |
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Looking at the recent news they probably won't accept it after all because of proof of work consensus. I am guessing that this is not over and there will be carb taxes for pow coins and stuff like that. It's maybe time to look for the alternatives. Pow was too long under regulators radar and it will grow to be problem for them that they want to tax away.
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fortunecrypto
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May 13, 2021, 07:31:46 AM |
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Obviously, he wants to know if the community wants him to continue promoting Dogecoin, by asking in a poll, and the community is in full support, there is news that Tesla is not going to use Bitcoin anymore on Tesla and the company is looking for coins to use and Dogecoin could be one of them, this is the start of Tesla and Musk looking for coins to add and promote, so always get updated the coin you're holding could be the next Musk is going to promote.
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ancafe
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May 13, 2021, 07:39:13 AM |
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Personally, I think that when Tesla accepted the doge as a means of payment, it would raise the price of the doge. however, maybe I would prefer ethereum, or a coin like BNB which is given the opportunity to do so. however, I think it would be great if Elon Musk made Doge as a means of payment for Tesla.
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Irazzzta
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May 13, 2021, 11:40:42 AM |
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Elon Musk is playing with the crypto community, he is enriching himself by influencing people who are new to the crypto world. after getting that profit he destroyed it again. that's because after he made a voting on twitter about using Doge for Tesla payments, he stopped paying Tesla with Bitcoin instead. the conclusion is, you can conclude yourself
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VanDeinsberg12
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May 13, 2021, 11:47:56 AM |
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Lets be real here, who truly cares about tesla accepting doge? this thing could be settled as simple as converting our doge to fiat then do it the normal way but why the gimmicks? not to mention only very few people really want to buy tesla anyway and if doge accepted by tesla as payment method it's not really a revolutionary thing. I'd be more pleased if doge could have other ability implemented to the blockchain like smart contract by hardforking the current chain it's gonna be more useful than just being accepted as payment method.
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slaman29
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May 13, 2021, 12:03:47 PM |
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Not a fan of Tesla, I did get impressed a little by SpaceX but I see that as more of engineering feats than Elon Musk success.
Tesla can add BSV and BCH for all I care. Adding Bitcoin hasn't always helped or even been an attractive proposition to most Bitcoin users. Bitcoin economy already thrives without Tesla.
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akirasendo17
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May 13, 2021, 12:06:30 PM |
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I think this is one of elons technique to pump doge, doing this will make other people think that there is a good thing coming for the coin, and it will increase the price of doge, while he accumulates lots of it when it dumps, just like what they did to bitcoin and announce that they lost by holding the coin, but in reality, they already dump it, and I think they are doing the same to take profit every time, its business
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Woodie
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May 13, 2021, 12:12:32 PM |
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I wouldn't blame Tesla and Elon Musk for this move, being an influencer this could actually be more of cooperate responsibility which could motivate crypto users miners in particular to go green possibly influence competitors to going green in their manufacturing process...his not a bad ambassador if you ask me!
If no one says it nothing will be done, great move Mr Tesla.
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Botnake
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May 13, 2021, 01:10:33 PM |
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Now that Tesla has already stopped accepting bitcoin, I think Tesla under the control of Elon Musk is planning to add DOGE, I hope this will not result to a pump as I believe it's just a trap for Elon to accumulate more money in crypto before he will start dumping.
If by simple announcement Tesla has stopped accepting bitcoin, he can easily do the same with DOGECOIN.
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Nalbo
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May 13, 2021, 01:12:35 PM |
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With Tesla backing off of bitcoin payment citing energy hungry mining, I don't think Dogecoin would fit in as it is another one of the highest energy consuming network. Even though Elon Musk might be the godfather of Dogecoin, he won't be foolish to throw away bitcoin and add doge. They might be looking for some POS coins or stable rather than hardware mineable coins.
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wack slacker
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May 13, 2021, 02:13:44 PM |
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Tesla discourages accepting Bitcoin payments which also means that the company discourages projects that are mined using computer equipment. DOGE is a mining cryptocurrency with POW and that goes against the company's mission to protect the environment. Another reason is that DOGE has more than 50% of the total supply held by a small number of wallet addresses so the potential for value collapse is huge. Tesla will not risk putting its earnings with risky crypto.
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todiefor17
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May 13, 2021, 02:19:54 PM |
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I am inclined to think that Tesla will ignore this Crypto.
Tesla will not ignore this coin. Bitcoin already accepted as a payment system to buy tesla motor after elon already accepted it. The same scenario could happen when the doge coin can also be accepted by elon to be used as a payment system to buy tesla. nothing is impossible and just take a look at the history. Bitcoin is decentralized and has been adopted by many companies before. DOGE is new and it has grown in value hundreds of times since March 2020. DOGE is held in large numbers by some addresses so if one of the wallets sells all of its cryptos, it means a collapse in value. Tesla has many shareholders in the company, and they won't be able to let Elon Musk accept DOGE easily. All work should be passed to vote.
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smyslov
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May 13, 2021, 02:53:50 PM |
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Elon Musk has made new tweet about Doge again as always. It has been seen for some time now that Elon Musk is benefiting himself by increasing the price of Doge through new tweets. He tweeted asking if Dogecoin will be used to buy Tesla. But after his tweet, Doge price is going down, which means people are understanding his purpose. You can see his tweet from here: https://twitter.com/elonmusk/status/1392030108274159619?s=19He disregards Bitcoin and wants to accept Dogecoin on his company when Doge is a clone of Bitcoin, he wants to hype Dogecoin again obviously he wants to make a lot of fo profit again, obviously, he still wants to make money out of Dogecoin, it's all money when there are a lot of better coin with usage, he is not doing research on other coins.
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