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Author Topic: DOGECOIN AND ITS EFFECT ON SOCIAL MEDIA  (Read 205 times)
Famous Grouse (OP)
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October 31, 2022, 06:45:53 PM
 #1

Imagine Elon Musk charging verified accounts in $Doge monthly.

Food for thought
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October 31, 2022, 09:30:54 PM
 #2

Almost everything Elon touches turns to gold eventually. I don’t think he will integrate DOGE into the payment system of Twitter though.

I half think Elon just enjoys mild trolling & the narcissistic traits he has make him continue pumping DOGE because the community treats him like a God. He loves the attention.

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October 31, 2022, 09:46:08 PM
 #3

He doesn't need to charge BTW, his tweet is enough to pump a token or coin. And everyone knows he is a doge fan. It's all about the pump dump game and making money. He becoming richer and we becoming poorer lol. See even all the market red how was pump doge? Any brands shouldn't charge for verification like Facebook or Twitter. So it wouldn't happen. Rather they might start some other service where they can accept doge like ads.

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October 31, 2022, 09:54:26 PM
 #4

It is unlikely to benefit the social network itself, and if any paid subscriptions appear, The Indepenndent may be right in saying that the arrival of Ilon Musk to Twitter will mean the death of this platform. If we're talking about introducing DOGE to Twitter, clearly not as a way to collect money from verified accounts. It would make more sense to add DOGE as a way to pay for tips, donations or to pay for some merchandise within Twitter. Surely Musk would make some sort of internal marketplace.

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October 31, 2022, 10:15:20 PM
 #5

due to doge's endless reward supply and dwindling inflation rate Musk can pump it on and off for decades.

It is a legal easy cash cow for him.

every block is the same
no ½ ing
coins never run out but every year the % of coins add is lower.

year
1 = x doge
2 = 2x doge 100% inflation
3 = 3x doge   50% inflation
4 = 4x doge   33% inflation
5 = 5x doge   25% inflation
6=  6x doge   20% inflation
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10 = 10x doge
11 = 11x doge 10% inflation

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20 = 20x doge
21 = 21x doge  5% inflation
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50 = 50 x doge
51 = 51 x doge 2% inflation
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100 = 100x doge
101 = 101x doge 1% inflation

This is an easy peasy cash cow for him he will milk it all the way to the bank
 







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October 31, 2022, 10:28:18 PM
 #6

Imagine Elon Musk charging verified accounts in $Doge monthly.

Food for thought

Are you speculating or this is a piece of verified news if he will charge a monthly subscription to stay verified this could put Twitter in trouble and this will open opportunities for competitors, all the social media that's set up with monthly subscriptions are all dead or will die, in the past some developers tried to implement it but they failed miserably, some users cannot and will not keep up with the monthly subscriptions.

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October 31, 2022, 10:40:51 PM
 #7

The title must be elon and its effect in social media. Doge coin was nothing without elon and it will not be pump so high like this time if it doesn't even got support by elon musk. This is quite clear that if you're talking about imagination which was about the speculation yet elon said to accept doge coin as micropayment for twitter but this gonna be a big question whether elon will do that for real or not. Just waiting what's gonna coming in the next months. Im not sure elon will do that. it's unlikely to happen.

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October 31, 2022, 10:52:01 PM
 #8

The title must be elon and its effect in social media. Doge coin was nothing without elon and it will not be pump so high like this time if it doesn't even got support by elon musk. This is quite clear that if you're talking about imagination which was about the speculation yet elon said to accept doge coin as micropayment for twitter but this gonna be a big question whether elon will do that for real or not. Just waiting what's gonna coming in the next months. Im not sure elon will do that. it's unlikely to happen.

Will you pay a monthly subscription just to retain being verified, I'm not, if this happens Twitter will be the first popular social media site that implements monthly subscriptions, he loves challenges but instead of building Twitter and moving it further, people will just leave Twitter and look for a free one like Facebook or instagram, his loss will other social media gains.

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October 31, 2022, 11:16:20 PM
 #9

Elon are very genius, requiring a monthly payment will increase more their revenue and with that, I think Twitter will become more valuable. Those who are verified have no more choice but to pay or just give up that verified status.

But that'll take out the whole special feeling of been verified, people won't value it again since now it isn't earned but bought. If everyone can buy a verification sticker then nobody value the verified symbol anymore or people working hard to build up their reputation so they can be easily verifiable when they apply will be lost and all accounts now looking concerned  Elon won't want that at such I don't think paying for verification would be introduced. Also if twitter finally goes through with asking for payment for verification and still want dogecoin to be the payment currency, they can do that by doing the necessary things needed to make that possible and they'll be getting lots of support from the cryptocurency community.

R


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October 31, 2022, 11:24:20 PM
 #10

As we talk more about Doge, it gives benefits him, and the more we talk about Elon Musk, the more he plans to manipulate Dogecoin.
Because what he did on social media is one way of making attention to the community and as he gains more attention, the more he could influence the minds of the people.

He is not only manipulating the price of Doge but also the minds of the people who keep following him.

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October 31, 2022, 11:40:25 PM
 #11

Imagine Elon Musk charging verified accounts in $Doge monthly.

Food for thought

Worst idea though if he will done it that way, he is a very good businessman, but I doubt that he will go that route to charge every verified Twitter account for $Doge and it's going to be monthly? Twitter has other ways to make money though as far as I know, and it Musk wanted to keep this social media then what he needs to go is to introduce something, improved and your food for thought might not be in the list.

Yes, he could be the biggest holder of Doge and we have seen his pushing it very hard to the extend that we call it manipulation.
But he is a smart man and he doesn't want Twitter to go down, he might have few ideas on his own to make it still on the top of the social media game and then continue his manipulation of Doge to whichever way he can.

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October 31, 2022, 11:54:47 PM
 #12

Almost everything Elon touches turns to gold eventually. I don’t think he will integrate DOGE into the payment system of Twitter though.

I half think Elon just enjoys mild trolling & the narcissistic traits he has make him continue pumping DOGE because the community treats him like a God. He loves the attention.
Really hard to predict on what would be his next move whether he would be emphasizing Doge or would really be just continuing on what the current market do really sees into him.

We cant really avoid the fact about those manipulative intents or ideas behind on why Elon is been doing all of these things.Making up presumptions comes from the public is something that you cant blame on.

It cant really be that avoided that things in the past that he had been engaged or been hyped into will eventually get dragged along with the current happenings or fundamentals
on the market.

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November 01, 2022, 12:05:07 AM
 #13

I had no idea Dogecoin would grow to where it is now when I first heard about it. Like, Elon Musk came out of nowhere and made Dogecoin as his "toy"." I believe that Elon Musk will continue to be involved with Dogecoin as long as he and Dogecoin continue to be hyped by the public. As long as Dogecoin is solely a meme currency, any proposed applications are, in my opinion, doomed to fail. Because the issue of scalability must be addressed. Worries about safety? or any other such technicalities We don't want any catastrophic problems to crop up when it's employed on a large scale, do we?

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November 01, 2022, 03:46:54 AM
 #14

How much do verified badge holders make monthly on twitter? If majority they not make money, then another platform will soon gain many followers. $20/month is not very expensive but when compared with some nation with poor currency value then it's  huge sum. Let's see as this go.

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November 01, 2022, 03:53:15 AM
 #15

How much do verified badge holders make monthly on twitter? If majority they not make money, then another platform will soon gain many followers. $20/month is not very expensive but when compared with some nation with poor currency value then it's  huge sum. Let's see as this go.
Those verified accounts are likely to pay that on a yearly subscription and that's an easy amount for them. They've got huge followings and usually, they're being followed by those so does the money follow them.

It's not a problem for them and it's going to be like an investment for them if their Twitter account being verified generates them money.

Maybe Elon would add the option of receiving those $20/month in Dogecoin if he's really into it but I doubt it.

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November 01, 2022, 04:50:53 AM
 #16

A few minutes ago Elon made a tweet with a picture of the twitter logo on the clothes worn by the doge.
this will make the hype doge like it will continue. And I still think the best meme coin is Doge. because as long as Elon continues to talk about it, the community that holds doge will continue to grow and multiply.
 Check Elon Musk Tweet

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November 01, 2022, 05:19:11 AM
 #17

Is there such a thing? That Twitter is asking money just to be verified? I don’t think it’s right to charge people to be verified because a lot of hackers and scammers could just pay and try to scam a lot more people, and that amount would be easy to recover with those types of hacking.

That is definitely not gonna work.

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November 01, 2022, 10:53:16 AM
 #18

Imagine Elon Musk charging verified accounts in $Doge monthly.

Food for thought
I guess it might not be good for Elon to do that because he might lose the trust of the Doge investors. But I also don't know if it will really be done by Elon or just a joke. And hopefully, it's just news launched by people who are not responsible and want to worry people. But if it's true, I think people will leave Elon alone and have no support whatsoever.

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November 01, 2022, 11:20:03 AM
 #19

Elon made a tweet of a pic of a dog wearing a shirt with a twitter logo, this will prolly make doge pump
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November 01, 2022, 12:43:08 PM
 #20

Is there such a thing? That Twitter is asking money just to be verified? I don’t think it’s right to charge people to be verified because a lot of hackers and scammers could just pay and try to scam a lot more people, and that amount would be easy to recover with those types of hacking.

That is definitely not gonna work.
I think it's just fake news. For sure Twitter got their own decision that will help the Twiter itself, charging customers just to get verified (blue check on their profile) is not effective. This fake news for sure made by haters of Elon Musk.
Speaking of Dogecoin, for sure Twitter will start accept such cryptocurrencies especially Bitcoin not only Dogecoin for some part of the Twitter.

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