Dogecoin to be used for micropayments on Twitter?

[yazher]

Elon has been pumping doge for over a year now. Whenever he can he sends out some doge tweet and the currency goes pumping like crazy within seconds.

He probably won’t try this because i don’t think anyone would use it. Nobody holds doge, even crypto holders and people won’t buy it just to send someone a tip on Twitter.

If that is the case then, it would be more than a meme coin that looks unreal because dogecoin is not made like this rather it's just a random coin that is used by Elon Musk to manipulate the crypto market. newbie investors should be a little more careful because this is the kind of coin where the real volatility happens. Those who buy the coin at a high price should really careful and take advantage whenever they see that they will gonna get a profit and with this, they won't gonna regret it if the price will suddenly drop.

[Abiky]

I want to tell everyone that so far he has not actually owned twitter and it is very likely that he will continue to get involved in another lawsuit related to twitter, so doge adoption on this social network won't happen anytime soon.

He chooses dogecoin over bitcoin simply because bitcoin market is much bigger than dogecoin market and it will become easier to manipulate than bitcoin. As you said, he is very good at making money and I believe he chose doge for that reason and not because of the technology or the future of the crypto industry.
https://www.yahoo.com/news/us-government-considering-national-security-121824528.html

We're going to have to see whenever the deal will settle as planned, or Elon Musk will change his mind again. If the lawsuit goes in, don't expect Dogecoin's price to rise anytime soon. Mr. Musk is a smart person, so he would do anything that's in his best self interest. By purchasing Twitter and adding DOGE to the platform, crypto will dive deep into the mainstream. This will be beneficial for Elon Musk himself, as it would cause DOGE's price to soar like crazy. It's likely the "meme" coin will go to $1 if the market isn't that bearish. All of the options are on the table, so it wouldn't hurt to buy some DOGE just in case. Just my thoughts

[wxa7115]

The information Elon Musk shares on social media is unreliable. You can't believe anything he says. Although the lawsuit has been decided, I do not expect the purchase of Twitter to be delayed this long even after the ruling. I wonder where the news of Twitter adopting doge came from. He dumped the market with the news of green energy mining after selling 75% of the bitcoin without notice. It is not known whether the doge was sold, which may have been concealed. 

Traders and investors need to become way more wary of what Musk posts on his Twitter account, it is known he likes to troll people and who in his right mind would risk the money it has taken them years to accumulate just because a billionaire posts a tweet?

Besides the coin which he has decided to support is one which has been the joke of this market for years, and we are supposed to believe that somehow just because Musk now supports it there has been a qualitative change in that coin? Dogecoin was a terrible coin to invest your money before Musk showed its support and despite his backing this is still true, so regardless of how much dogecoin supporters refuse to accept this fact we need to stay away from this coin.

[MinoRaiola]

I was surprised that so little is written about Dogecoin. After the big deal from Elon Musk and Twitter, maybe DOGE1 Start in the next months? The old "Doge to the Moon" videos of him will be circulating again in the next few days. And the integration of Doge on Twitter should also be discussed again. I think the chance it happening is much higher now. Reminder: Old tweets like this are now coming back:


Source: https://twitter.com/elonmusk/status/1538406040374595585

[Lizzylove1]

This is already pumping, sadly I have just few left, I will need to bridge from dogechain to mainet and wait for possible more ballistic from Elon Musk tweets. I really wonder why they will choose dogecoin for payment with it slow network.

[ingiltere]

This is already pumping, sadly I have just few left, I will need to bridge from dogechain to mainet and wait for possible more ballistic from Elon Musk tweets. I really wonder why they will choose dogecoin for payment with it slow network.

I was actually waiting for this but I didn't buy and now I regret it. When Twitter deal is done it was obvious Elon would do something about Doge. I was feeling it but for some reason I didn't take action. Probably because we were still not in bull run then and there was no signs of it.
I don't know if he makes something about Doge to use in Twitter but one thing is for sure, he will take care of his investment in both sides.

[nurilham]

Why? Why Dogecoin? We all know Dogecoin is a meme coin that was built by forking Bitcoin.
So for me, this is impossible to happen (Only Dogecoin) Maybe in the future, there are lot of options buy major are the high market cap coins,
primary for sure will be Bitcoin (Lightning network also), Ethereum, and many more.

Elon Musk often makes hype on Dogecoin, so you shouldn't be so surprised about it.  
However, I am not sure if Dogecoin really to be micropayments on Twitter. Elon Musk must consider it again, it will be the same as Tesla revokes the payment for Tesla products with BTC previously. Of course, Bitcoin or Ethereum ideally is a better option. Elon Musk should consider a better coin if he is really serious to use crypto coins for micropayments on Twitter.

[dothebeats]

Not quite impossible but perhaps only for the fun of it. Elon will still probably boast bitcoin and use dogecoin as the means to get the word out. Mind you, this guy's companies still have a huge holding of BTC and now that he controls the whole of Twitter, he can easily do whatever marketing or promotion he wants to get in there. Micropayments in pre-funded bitcoin twitter accounts might even be a thing and not necessarily dogecoin, but as of this moment I think he's busy getting the 'edit' feature up and running (lol) and the restructuring of the company as a whole.

[Bobrox]

Today Dogecoin pump drastically almost 50% and better quite careful another bad news later, maybe for Dogecoin holder waiting almost five until seven months later to see how drastically pump Dogecoin. Impact have announced by Elon Musk with micropayments using Dogecoin at twitter. Little careful not guarantee with Dogecoin will reach higher price, seems few days later have popular discussing about Dogecoin reach higher price drastically and if you have reach profit better take it and waiting for opportunity open short at future trading, don't try to buy right now and better waiting if Dogecoin have drop few days later.

[Junii]

Elon musk has been pumping doge for over a year ago. Whenever he can  sends out some doge tweet and the dogecoin goesup within seconds.

He probably won’t try this because i don’t think anyone would use it. Nobody holds doge, even crypto holders but if  Musk integrates Dogecoin into Twitter, the doge coin will be set to explode and overtake major cryptocurrencies

[hyudien]

It looks like Elon Musk is going to proceed with the $44B deal to buy Twitter as he has originally planned. The recent news of Elon Musk changing its mind again had a short pump in DOGE's price. If the deal goes through, that would mean Elon Musk will become the new owner of one of the world's most popular social media platforms. Knowing that the billionaire is a huge fan of Dogecoin, it's possible he will integrate the cryptocurrency into the platform for micropayments (micro-tipping).

I'm wondering what effect will this have into DOGE's price if successfully implemented? Will DOGE be able to finally get past $1 per coin? Or will it never happen? Also, I fail to see how DOGE would be used massively on Twitter when the cryptocurrency doesn't have enough transaction capacity to serve millions of users around the world. There's no LN or on-chain scaling solution yet, so developers are going to have to work on something if they want DOGE to be widely adopted worldwide. What are your thoughts?

Apart from the agreement that took place last Friday and if I combine the 2 paragraphs that you made, it is quite evident that there are several links, namely Elon has officially owned Twitter, and secondly, there has been an increase in the impact seen after Elon's official announcement as the owner of Twitter on the price of Doge. Whether it's only done by the large Doge community or it's a natural market response to Elon's decision. Because besides that Twitter shares also experienced an increase.

Correlation is necessary if you want more clarity, but at first glance, I think it can be easily summed up. Elon officially owns Twitter -> Dogecoin as his favorite coin then the Doge community and Elon followers try to gain attention in the crypto market.

[Abiky]

Elon Musk often makes hype on Dogecoin, so you shouldn't be so surprised about it.  
However, I am not sure if Dogecoin really to be micropayments on Twitter. Elon Musk must consider it again, it will be the same as Tesla revokes the payment for Tesla products with BTC previously. Of course, Bitcoin or Ethereum ideally is a better option. Elon Musk should consider a better coin if he is really serious to use crypto coins for micropayments on Twitter.

That depends whenever regulators would like the idea of implementing Dogecoin as a payments tool on Twitter or not. Considering that Twitter is constantly under scrutiny by the regulators, it seems very unlikely Elon Musk will integrate DOGE into the platform anytime soon. Doing otherwise, would give Mr. Musk a lot of trouble with the regulators. All of this is speculation so only time will tell us if DOGE gets added to Twitter or not.

To our surprise, DOGE's been rising in price ever since Elon Musk completed the deal. It's now trading at $0.12 compared to $0.05 a few days ago. Still, it's far below $1 as the bear market continues to strain both Bitcoin and its derivatives. Crypto land is full of surprises, so who knows if we get lucky someday? Just my opinion

[ThemePen]

As he suggested some hours ago to charge $8 per month from verified users. These $8 can be in DOGE coin. Or may be in other way.(but I think it can be in DOGE coin).

As we know in the past many news we listened. Like:

Elon is supporting Doge Coin.
Elon is Pro Doge.

Like many you will find on internet.
Here is CNN news now not $20 Twitter will charge $8.
https://www.cnn.com/2022/11/01/tech/musk-twitter-verification-price/index.html

[Abiky]

As he suggested some hours ago to charge $8 per month from verified users. These $8 can be in DOGE coin. Or may be in other way.(but I think it can be in DOGE coin).

As we know in the past many news we listened. Like:

Elon is supporting Doge Coin.
Elon is Pro Doge.

Like many you will find on internet.
Here is CNN news now not $20 Twitter will charge $8.
https://www.cnn.com/2022/11/01/tech/musk-twitter-verification-price/index.html

Probably. But I don't think people would be willing to pay $8 (either in Fiat or DOGE) just to get verified on Twitter. It would be a waste of time and money, in my opinion. The social media platform needs better ideas to help attract as much people into it as possible. Dogecoin could benefit a lot in terms of mainstream adoption if there are a lot of users on Twitter, though. That is if Elon Musk decides to add it as a micropayments tool.

But I don't think he will dare to do it, as it will bring the attention of the regulators. They will come up with the excuse that Mr. Musk is patronizing money laundering and tax evasion by adopting DOGE into the platform without complying with KYC/AML. The only way this would work is by letting only verified users to use DOGE on Twitter. All of this is speculation, anyways. Let's give Mr. Musk some time to see what he will do with DOGE. Just my thoughts

[abel1337]

As he suggested some hours ago to charge $8 per month from verified users. These $8 can be in DOGE coin. Or may be in other way.(but I think it can be in DOGE coin).

As we know in the past many news we listened. Like:

Elon is supporting Doge Coin.
Elon is Pro Doge.

Like many you will find on internet.
Here is CNN news now not $20 Twitter will charge $8.
https://www.cnn.com/2022/11/01/tech/musk-twitter-verification-price/index.html

Probably. But I don't think people would be willing to pay $8 (either in Fiat or DOGE) just to get verified on Twitter. It would be a waste of time and money, in my opinion. The social media platform needs better ideas to help attract as much people into it as possible. Dogecoin could benefit a lot in terms of mainstream adoption if there are a lot of users on Twitter, though. That is if Elon Musk decides to add it as a micropayments tool.

But I don't think he will dare to do it, as it will bring the attention of the regulators. They will come up with the excuse that Mr. Musk is patronizing money laundering and tax evasion by adopting DOGE into the platform without complying with KYC/AML. The only way this would work is by letting only verified users to use DOGE on Twitter. All of this is speculation, anyways. Let's give Mr. Musk some time to see what he will do with DOGE. Just my thoughts

Paying $8 monthly for that blue check is not a problem for other people since I'm sure it would be considered as luxury or somehow another trust layer for the twitter community given that there are existing blue check accounts are being used by scammers and trolls. Paying blue check will instantly weed out most of those blue check verified trolls and scammers. As far as I know, the only ones can avail the blue check mark are ones who are fully verified in the past which means  they are KYCed and somehow submit their ID to the platform. If ever DOGE is accepted as a payment method, We surely will see a price bump on DOGE.

[super bako]

As he suggested some hours ago to charge $8 per month from verified users. These $8 can be in DOGE coin. Or may be in other way.(but I think it can be in DOGE coin).

As we know in the past many news we listened. Like:

Elon is supporting Doge Coin.
Elon is Pro Doge.

Like many you will find on internet.
Here is CNN news now not $20 Twitter will charge $8.
https://www.cnn.com/2022/11/01/tech/musk-twitter-verification-price/index.html

Probably. But I don't think people would be willing to pay $8 (either in Fiat or DOGE) just to get verified on Twitter. It would be a waste of time and money, in my opinion. The social media platform needs better ideas to help attract as much people into it as possible. Dogecoin could benefit a lot in terms of mainstream adoption if there are a lot of users on Twitter, though. That is if Elon Musk decides to add it as a micropayments tool.

But I don't think he will dare to do it, as it will bring the attention of the regulators. They will come up with the excuse that Mr. Musk is patronizing money laundering and tax evasion by adopting DOGE into the platform without complying with KYC/AML. The only way this would work is by letting only verified users to use DOGE on Twitter. All of this is speculation, anyways. Let's give Mr. Musk some time to see what he will do with DOGE. Just my thoughts

Paying $8 monthly for that blue check is not a problem for other people since I'm sure it would be considered as luxury or somehow another trust layer for the twitter community given that there are existing blue check accounts are being used by scammers and trolls. Paying blue check will instantly weed out most of those blue check verified trolls and scammers. As far as I know, the only ones can avail the blue check mark are ones who are fully verified in the past which means  they are KYCed and somehow submit their ID to the platform. If ever DOGE is accepted as a payment method, We surely will see a price bump on DOGE.

This is what is important for us to anticipate, avoiding scammers with blue ticks in the project account. 8$ is a small amount of price for a scammer to carry out his action to attract investors' attention. I think this is really a big drama, I want to see the progress that Elon Musk has as a substitute for the owner of Twitter

[Abiky]

Paying $8 monthly for that blue check is not a problem for other people since I'm sure it would be considered as luxury or somehow another trust layer for the twitter community given that there are existing blue check accounts are being used by scammers and trolls. Paying blue check will instantly weed out most of those blue check verified trolls and scammers. As far as I know, the only ones can avail the blue check mark are ones who are fully verified in the past which means  they are KYCed and somehow submit their ID to the platform. If ever DOGE is accepted as a payment method, We surely will see a price bump on DOGE.

The question is: what perks/benefits will the user have after paying $8 a month for a "blue tick"? Without getting anything in return, I don't see Twitter's paid subscription plan going anywhere soon. Not even adding DOGE as payment method will help. It's been around a week and a half since Elon Musk purchased Twitter, but it's yet the day where he hasn't said anything about Dogecoin. Maybe he's afraid of the regulators? But with mandatory ID verification on the platform (the blue tick), I don't see why adding DOGE should be a problem in the first place.

I've noticed that the "meme" coin's price "pumped" for a brief period of time after the deal went through. I guess it will "pump" even further in price once the cryptocurrency gets integrated into the platform as a micropayments tool. No one knows what will happen in the future, so we can only hope for the best. Just my opinion

[Majestic-milf]

Paying $8 monthly for that blue check is not a problem for other people since I'm sure it would be considered as luxury or somehow another trust layer for the twitter community given that there are existing blue check accounts are being used by scammers and trolls. Paying blue check will instantly weed out most of those blue check verified trolls and scammers. As far as I know, the only ones can avail the blue check mark are ones who are fully verified in the past which means  they are KYCed and somehow submit their ID to the platform. If ever DOGE is accepted as a payment method, We surely will see a price bump on DOGE.

The question is: what perks/benefits will the user have after paying $8 a month for a "blue tick"? Without getting anything in return, I don't see Twitter's paid subscription plan going anywhere soon. Not even adding DOGE as payment method will help. It's been around a week and a half since Elon Musk purchased Twitter, but it's yet the day where he hasn't said anything about Dogecoin. Maybe he's afraid of the regulators? But with mandatory ID verification on the platform (the blue tick), I don't see why adding DOGE should be a problem in the first place.

I've noticed that the "meme" coin's price "pumped" for a brief period of time after the deal went through. I guess it will "pump" even further in price once the cryptocurrency gets integrated into the platform as a micropayments tool. No one knows what will happen in the future, so we can only hope for the best. Just my opinion

This $8 a month for the blue tick is in my opinion a means to get back if not all, at least most of the money used to purchase the app. I hear that user accounts with "they/them" tags would be charged $16/ month since it's assumed it's a dual account of sorts.
 It doesn't come as a surprise that the price of Doge pumped seeing as he is the crusader of the meme coin but how long will this high it's experiencing last?  Won't come as news to me tho if it happens that Elon has moved to another coin of interest, since it's not beneath him to change his mind at the drop of a hat 

[Jaered]

I think Elon Musk would use Dogecoin to an extent. Maybe as a tip payment option. It wouldn't be the only available options for payment  obviously, due to the problems tou pointed out, scalability, being the top issue. But does Dogecoin have the required devs needed for the job? That’s the issue

[Polkeins]

Paying $8 monthly for that blue check is not a problem for other people since I'm sure it would be considered as luxury or somehow another trust layer for the twitter community given that there are existing blue check accounts are being used by scammers and trolls. Paying blue check will instantly weed out most of those blue check verified trolls and scammers. As far as I know, the only ones can avail the blue check mark are ones who are fully verified in the past which means  they are KYCed and somehow submit their ID to the platform. If ever DOGE is accepted as a payment method, We surely will see a price bump on DOGE.

The question is: what perks/benefits will the user have after paying $8 a month for a "blue tick"? Without getting anything in return, I don't see Twitter's paid subscription plan going anywhere soon. Not even adding DOGE as payment method will help. It's been around a week and a half since Elon Musk purchased Twitter, but it's yet the day where he hasn't said anything about Dogecoin. Maybe he's afraid of the regulators? But with mandatory ID verification on the platform (the blue tick), I don't see why adding DOGE should be a problem in the first place.

I've noticed that the "meme" coin's price "pumped" for a brief period of time after the deal went through. I guess it will "pump" even further in price once the cryptocurrency gets integrated into the platform as a micropayments tool. No one knows what will happen in the future, so we can only hope for the best. Just my opinion

This $8 a month for the blue tick is in my opinion a means to get back if not all, at least most of the money used to purchase the app. I hear that user accounts with "they/them" tags would be charged $16/ month since it's assumed it's a dual account of sorts.
 It doesn't come as a surprise that the price of Doge pumped seeing as he is the crusader of the meme coin but how long will this high it's experiencing last?  Won't come as news to me tho if it happens that Elon has moved to another coin of interest, since it's not beneath him to change his mind at the drop of a hat 

In general, it is certainly a strange idea to charge 8 dollars from verified accounts, as if there were no other way to monetize? Twitter has its own audience, which may well use it for promotion and pay for advertising.
Someone has already started to troll the mask and create his "fake" accounts with a blue checkmark.