Tesla now accept crypto payments

[Cryptock]

...But who knows how long tesla will actually accept doge, it might be only a few weeks. I remain sceptical for now.

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.

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.

[1714686870]

1714686870

[1714686870]

1714686870

[m2017]

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.

[Gudhal Untu]

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.

[bitkanu]

this news came after Elon musk earlier tweeted about the done coin being a better payment option compared to Bitcoin

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

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.

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.

[istiak2277]

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

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.

[peterpanda]

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

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.

[izsara]

That is good news, from Elon musk and Tesla accepting cryptocurrency as a means of payment, which has added advantage to Doge coin price value increase in the crypto space.

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.

[JeffBrad12]

Elon is benefiting more from this but what's the benefits of general people?

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.

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.

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

[Odusko]

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.

[Psynthax]

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

[evichi]

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.

[passwordnow]

Tesla have been on and of on cryptocurrencies adoption as payment

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.

but since Elon musk is the now known doge father may be Tesla dogecoin cooperation will be a lasting one.

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.