Do you think Elon accepting Doge at Tesla will stop the latest slide in prices?

[alchymist]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

[MadeMen]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

It's been a while since I learnt Elon musk Tesla would be accepting cryptocurrency in settlement. I know bitcoin should be accepted by now and dogecoin ought to be accepted looking at the history of Elon musk and dogecoin. If the declaration was made today, then we could see some positive impact on the value of dogecoin soon.

[cryptoaddictchie]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

I think its been for a while already. In my opinion, Elon are probably preparing dogecoin for a megapump. He already did some crazy shill before and made dogecoin reach top spot on coinmarketcap. Now every shitcoin are gonna be wild to know if dogecoin succeeded. Since they will of course benefit from the shill like what happened on Shib.

[iv4n]

I saw it in the news today:

Dogecoin is better than Bitcoin for payments, Elon Musk declares. Elon Musk continued promoting DOGE in a Time Magazine interview after being named Time’s 2021 Person of the Year. Source: https://cointelegraph.com/news/dogecoin-is-better-than-bitcoin-for-payments-elon-musk-declares

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

I think its been for a while already. In my opinion, Elon are probably preparing dogecoin for a megapump. He already did some crazy shill before and made dogecoin reach top spot on coinmarketcap. Now every shitcoin are gonna be wild to know if dogecoin succeeded. Since they will of course benefit from the shill like what happened on Shib.

He is having fun if you ask me... playing hot and cold with Doge, and I agree with you, all other shitcoins will try to catch up! Well, it's never boring in crypto, never enough surprises... Even I am thinking about buying Doge coins now!

[Gozie51]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

You can add the link of where the speech was made exactly so that users can read because such news of Tesla adopting the use of doge as there payment cryptocurrency has been in the news for long, everybody waiting but the time wasn't released and now you have released the time. Help with the link too.

Meanwhile, whether Tesla uses dogecoin or not won't automatically change the price of doge from a reasonable price when bitcoin is still suffering bear. Bitcoin is the king of it all and at the moment not doing very good from correction. But we still expecting good from doge having reached a good ATH of about $0.70

[fara_buduk]

and today doge experienced a significant increase, is this the effect of the announcement?

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

because we know doge is not following the market at the moment and whether this increase will continue I hope there is a decrease for the next pump because I have sold it

[alisonwonder]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

So what do you get out of it now? is there a big change in the price of Dogecoin or is everything still the same as before? because right now anyone's words will not be able to boost the market in the near future or make the market recover just because of something.

[Baofeng]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

Is this something new though? I mean we've already heard that Elon will accept Doge already so I don't think this will bring any good or positive news in the market.

If this is bitcoin that he will accept the maybe, we could see a good pump that will trickle down to the altcoin and push bitcoin to $50k and other altcoins enjoying a 3% and up spike in the next 24 hours. Otherwise, this will not have a big effect on the market right now.

[Ulven]

Indeed, the news is true
https://twitter.com/elonmusk/status/1470703708677840896?s=21

Most people think that Tesla's acceptance of the Doge payment will make the coin reach new highs!!!Knowing that the market is in a downtrend, and I do not know if the Doge can go in the opposite direction to this drop, how could that happen?

[eXtremal]

There's no definitive news so far, is Elon Musk starting to manipulate again? Because learning from the experience of bitcoin, Elon Musk only tried to accept payments with bitcoin in Tesla only temporarily. There is also currently no change in the price of Dogecoin. I'm just following the bear market. Elon Musk's trend is too risky in my opinion.

[jeungo]

Soon the doge coin holder will be recognized by the presence of the machine from the Elon? Unexpected news, it is worth waiting for a sharp growth until he realizes that this coin is also not entirely environmentally friendly, because millions of watts of electrical energy are also burned to create and generate a circuit in which it is located.

[nimogsm]

20% to the price against the background of such a market is very much of course.But this is manipulation and it can't last that long.With such a scenario, Elon could easily buy the right amount of coins for himself and then make an announcement and earn it easier than ever.

[_IRMAN]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

If this is serious it will certainly make DOGE prices go up again despite the unfavorable market conditions like now, but let's see if Elon is serious about this or he is just making a joke. This is not the first time Elon has given good news and then vice versa.

[tbct_mt2]

He can accept Bitcoin, Dogecoin, whatever coin but he has rights to stop accepting any coin. Good news are good but only temporarily before we have other news, bad, worse or terrible.

Elon has big love with Dogecoin I see and we know it. He made many attempts to shill Dogecoin and I think if it's not Elon, Dogecoin did not have unbelievable growth in 2020 and 2021. It has been pulled back deeply enough and Elon again chose good time to shill it.

[Koro-Sensei]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

What's new with this? Are you still convinced by his manipulation to the market? After all he has done spreading fud now he accepts coins again to his company. You should've probably know by now that he's using his fame to get wealthy more and more. He spread fud then buy at the bottom, he promotes and sell after pumped caused by his tweets.

[amishmanish]

Elon keeps saying that DOGE is better for a higher transaction volume compared to Bitcoin. The truth is that its no better and no worse on scale. It is a PoW coin and will be governed by the same rules if transaction volume goes higher.

The drawback is that it has almost no dev community and is a coin merge-mined with LTC. Elon calls Bitcoin as a Store of Value and then immediately uses his clout to support Doge. Then why not the hundreds of other similar PoW coins that started here at the forum itself.

The "community" of DOGE is made up of tiktokers and wannabe bitcoiners who enjoy Bitcoiners getting dissed by the topic of cryptocurrency being turned into a joke, just because Elon enjoys it.

When he does stuff like this, it makes a mockery of the immutability, strength and robustness of the "network", something that the entire concept of crypto is dependent upon. Well, I just hope that atleast the tiktokers are happy with the pump.

[Williamm07]

No I don't believe so because what goes up will surely come down, this bull season have lasted for a long time already and what will happen next is little gains of 30% to 40% till real bears took over the market for a while, might not be like 2018 all over again but bear market is Inevitable

[yayayo]

I think that somehow we all expected this to come, given his history with dogecoin. I won’t disagree with that the doge community is made up of wannabe bit coiners, who I believe are fans and followers of Elon Musk in the first place. He is very mush using his power and influence to do some market manipulations once again, wherein the end will make many incur losses. I just hope that we all learned a thing or two by this scheme or whatever sort of thing that Musk is after and is now doing.

ya.ya.yo!

[Teraboy]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

it's only affecting the doge coin and i don't even see any other impact that happened with another crypto. This news was dedicated for the doge coin. I don't even think this news will stop the down that happened with crypto.

[michellee]

At about 12:00 UTC today, Elon declared that Tesla will start accepting Doge for merch payments

It seems that is why Dogecoin has already increased for a moment, although we do not know if the price can still increase or it will be back to the lower price. But now, the price is down again so we need to be careful because there is no guarantee if the price can be back increased. I think Elon is trying to interference with the Dogecoin market and it has already happened. We do not know what Elon wants this time but surely, he has his own agenda by declaring that news.