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Author Topic: Tesla now accept crypto payments  (Read 527 times)
Wiwo (OP)
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January 14, 2022, 09:44:29 PM
 #1

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

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January 14, 2022, 09:57:17 PM
 #2

^ 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.

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January 14, 2022, 09:58:19 PM
 #3

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
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.

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January 14, 2022, 10:04:38 PM
 #4

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.

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January 14, 2022, 10:14:13 PM
 #5

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.
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January 14, 2022, 10:19:52 PM
 #6

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.
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January 14, 2022, 10:38:54 PM
 #7

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.
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January 14, 2022, 11:36:25 PM
 #8

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

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January 14, 2022, 11:41:22 PM
 #9

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

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.

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January 14, 2022, 11:49:15 PM
 #10

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.

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January 14, 2022, 11:55:40 PM
 #11

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?
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January 15, 2022, 02:11:30 AM
 #12

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.
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January 15, 2022, 02:21:43 AM
 #13

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.

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January 15, 2022, 02:27:06 AM
 #14

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

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.

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.

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January 15, 2022, 04:00:23 AM
 #15

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.
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January 15, 2022, 04:58:19 AM
 #16

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.

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January 15, 2022, 05:11:38 AM
 #17

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.  Cheesy

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January 15, 2022, 05:50:18 AM
 #18

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.
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.

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January 15, 2022, 06:10:19 AM
 #19

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 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.

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January 15, 2022, 06:23:22 AM
 #20

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.

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