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Author Topic: Elon Musk hints Possibility of Accepting Dogecoin for Tesla Car Purchase   (Read 188 times)
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March 15, 2024, 06:36:00 PM
 #21

Elon musk have showed interest in Doge coins on several occasions even endorsed it and now he is hinting a possibility of using Doge coin to purchase Tesla Cars is going to be another move to hype Doge coins and possibly increase it's performance in the crypto market or what do you guys think?
Source: https://nairametrics.com/2024/03/14/elon-musk-hints-possibility-of-accepting-dogecoin-for-tesla-car-purchase/
Is this perhaps a hint that Doge will be pumped? We know Doge can only be moved by Elon Musk as his father so by accepting Doge as a Tesla car purchase like he will start the preparation.
I am not sure if this will happen because Doge is a meme that is constantly being moved by influential people he may try to manipulate in bullish times but Elon Musk already understands that it is now time for hype, remember doge holders will expect Elon Musk to continue talking about Doge in his tweets.

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March 15, 2024, 07:25:46 PM
 #22

Elon musk have showed interest in Doge coins on several occasions even endorsed it and now he is hinting a possibility of using Doge coin to purchase Tesla Cars is going to be another move to hype Doge coins and possibly increase it's performance in the crypto market or what do you guys think?
Source: https://nairametrics.com/2024/03/14/elon-musk-hints-possibility-of-accepting-dogecoin-for-tesla-car-purchase/
How many times did this to pump dogecoin? He should just put his money where his mouth is because he's a known dogecoin pumper. It's not that serious at all whenever he's giving this hint. It's not a real thing when it's just a hint of accepting it because he should have done this when dogecoin has reached its highs. But he's not serious with it and that's why this is like accepting something he doesn't really like for his business and won't actually do it.



 

 

 

 

 

 


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March 15, 2024, 07:40:03 PM
 #23

If he starts accepting this coin it will mark a great shift in the crypto world, but the problem is will he do exactly as he said, promising without implementation has been a thing of elon musk, so it wouldn't be a surprise to me if he doesn't do as he said.
But I have thought of it, even though he accept this as a means of payment in company, how many people are into buying elon musk products, so the pump up wouldn't be noticed that much unless more institution decided to accept it too.
This to me is just a speculation for now until he implements it with actions not just words, if institutions starts accepting different coins as their mode of payment I think their would have been competition in the crypto market.

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March 16, 2024, 02:54:08 PM
 #24

Elon musk have showed interest in Doge coins on several occasions even endorsed it and now he is hinting a possibility of using Doge coin to purchase Tesla Cars is going to be another move to hype Doge coins and possibly increase it's performance in the crypto market or what do you guys think?
Source: https://nairametrics.com/2024/03/14/elon-musk-hints-possibility-of-accepting-dogecoin-for-tesla-car-purchase/

Oh, Elon Musk and his love affair with Dogecoin! It's like watching a sitcom where the lead character just can't get enough of the quirky sidekick. First, he endorses it, then he tweets about it, and now he's suggesting you can buy a Tesla with it? What's next, a Dogecoin-themed rocket to Mars?
But hey, who knows? Maybe in a few years, we'll all be trading Dogecoins for real estate on Mars, and Elon will be laughing all the way to the intergalactic bank. Just another day in the wild world of cryptocurrency, I suppose!
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March 16, 2024, 03:12:12 PM
 #25

Oh, Elon Musk and his love affair with Dogecoin! It's like watching a sitcom where the lead character just can't get enough of the quirky sidekick. First, he endorses it, then he tweets about it, and now he's suggesting you can buy a Tesla with it? What's next, a Dogecoin-themed rocket to Mars?
But hey, who knows? Maybe in a few years, we'll all be trading Dogecoins for real estate on Mars, and Elon will be laughing all the way to the intergalactic bank. Just another day in the wild world of cryptocurrency, I suppose!

Haha! Dear you may see upcoming changes like this we will buy a plot on Mars planet because Elon Musk loves this MemeCoin (Just Kidding). Well, Jokes apart there are some Bullish news that are circulating on the social media about DogeCoin. Before this news that OP Shared "Elon Musk Has Announced to accept Payment in DogeCoin for his Tesla Company" There is also one news circulating on the social media which is "Farreri also has announced that they will start to accept payment in DogeCoin but only in America for now"

Now the question is whether the Adoption of such memecoin by the big organizations/companies will make it skyroacking or not. Noboday knows the future but for now, I am also not bullish even though I know these two pieces of news. Well Dear share your point of view on this buying Dogecoin is worth it or not it is also the fact that this coin will make pumps in the market when seasons will start but due to these news it should be even more bullish so what do you think will it make big pumps? I am not asking for any financial advice I am just asking to make some references for future purposes in my mind

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March 16, 2024, 04:23:43 PM
 #26

They already have a live faq page about dogecoin payments https://www.tesla.com/support/dogecoin
Now could be a good time to buy some doge as the coin can have a good boost following the words of Elon Musk. There are a lot of blind followers of him and he is found multiple of time using his influence to increase or decrease stock prices. He might be playing a similar game with crypto.
Elon had previously hyped for the coin and made the price rise. This time too he could have accumulate a good amount of dogecoin and is wanting to sell off them at profit. He's recently dethroned as the richest person in the world and this could be his strategy to gain back the spot.



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March 16, 2024, 05:20:08 PM
 #27

Elon musk have showed interest in Doge coins on several occasions even endorsed it and now he is hinting a possibility of using Doge coin to purchase Tesla Cars is going to be another move to hype Doge coins and possibly increase it's performance in the crypto market or what do you guys think?
Source: https://nairametrics.com/2024/03/14/elon-musk-hints-possibility-of-accepting-dogecoin-for-tesla-car-purchase/
Same way he accepted BTC, and cancelled it because of the climate cost? He knows perfectly well that Doge is PoW as well so this is probably some PR stunt for crypto bros. Oh and same way he said that they wouldn't sell that bitcoin while selling bitcoin? And why are we even listening to this guy in the first place? This is just blatant market manipulation that he is already sued for. This is exponentially worse than  John McAfee boot licking. He will turn against you once again you know? It's just a matter of time.

He also thought it would be possible to turn doge to pos, like he was a first one who invented forking. I wonder what happened with that. Alsp i wouldn't be surprised if he started to shill to some other token or coin when doge turns out to be not edgy enough for him.

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March 17, 2024, 12:08:24 AM
 #28

Elon musk have showed interest in Doge coins on several occasions even endorsed it and now he is hinting a possibility of using Doge coin to purchase Tesla Cars is going to be another move to hype Doge coins and possibly increase it's performance in the crypto market or what do you guys think?
Source: https://nairametrics.com/2024/03/14/elon-musk-hints-possibility-of-accepting-dogecoin-for-tesla-car-purchase/
Is this perhaps a hint that Doge will be pumped? We know Doge can only be moved by Elon Musk as his father so by accepting Doge as a Tesla car purchase like he will start the preparation.
I am not sure if this will happen because Doge is a meme that is constantly being moved by influential people he may try to manipulate in bullish times but Elon Musk already understands that it is now time for hype, remember doge holders will expect Elon Musk to continue talking about Doge in his tweets.

What I think so is that the doge will get more hype from the tweet that Elon Musk is continuously uploading. Even if he accepts doge for Tesla I think there will not be a big change in Dodges worth.This is because most of the people will not buy Tesla from the Dodge coins I think so they will buy from their assets , unless he gives discount or he gives vouchers or something like that.

Tesla lies in high market value of cars so price will not bother too much to its buyers.Elon musk can only attract people by giving huge discounts to people who will buy Tesla with Dodge coins and he should also you know get some strategy to give people surprises to the ones who will buy through doge coins. so that there should be some attraction point for people to buy through Dodge.

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March 17, 2024, 12:16:25 AM
 #29

They already have a live faq page about dogecoin payments https://www.tesla.com/support/dogecoin
Now could be a good time to buy some doge as the coin can have a good boost following the words of Elon Musk. There are a lot of blind followers of him and he is found multiple of time using his influence to increase or decrease stock prices. He might be playing a similar game with crypto.
Elon had previously hyped for the coin and made the price rise. This time too he could have accumulate a good amount of dogecoin and is wanting to sell off them at profit. He's recently dethroned as the richest person in the world and this could be his strategy to gain back the spot.
he's really effortful to shill for meme coin in general nowadays, aside from doge coin with that tesla page, I guess he's also shilling for pepe and possibly bome that has recently gained listing everywhere and grow
its market cap within short amount of time, its always crazy knowing that some random coin created out of fun could beat coin that was purposefully created for improving the overall technology but thats just how speculation works I guess.
maybe its not too far fetched to say that meme coin hypes are starting again and those that accumulate meme coin earlier this year are about to be making some huge gain.
though this will not persuade me into buying the coin and I will definitely just stray away from meme coin because i don't believe in meme coin fundamental at all.
but for those that speculated hard with meme coin im just gonna say congratulation.

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March 17, 2024, 12:21:39 AM
 #30

It could turn out well for dodge holders if he actually implements this but we know its not the first time he is actually saying something about dodge coin and tesla so it could just be to hype and cause FOMO for dodge to drag some attention towards his coin. But anyway it would be good news to dodge holders cause the last time Musk took it upon himself to promote dodge, it has a major price surge.

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March 17, 2024, 04:24:54 AM
 #31

I don’t really see any benefit dogecoin will gain from this. This is more advantageous to tesla than anything. Since Elon owns X or formerly known as Twitter, maybe if dogecoin was somehow accepted or endorsed in the app then we would see a more increased surge with dogecoin.

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March 17, 2024, 06:11:23 AM
 #32

As far as I know, it is not new Elon Musk has indicated the possibility of accepting Dogecoin for the purchase of Tesla cars. It is convenient for Tesla, but I do not see the effect on Dogecoin. In a recent event, the fall in Dogecoin price led to a substantial sell off in the crypto market. This market volatility not only shocks but creates opportunities in the altcoin sector.

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March 17, 2024, 07:16:39 AM
 #33

Elon musk is so influential and I think this is the hype most investors are waiting for and investors who hold this doge coin will benefit during this season, I'm just wondering cause after this hype most investors will decide to buy and hold but is this another form of pump and dumb scheme cause with what I have research I have seen a lot of coins pump high and dumb at the end. Definitely investors still hold dogecoin so the hype are for newly investors if I'm not mistaking.

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March 17, 2024, 01:15:20 PM
 #34

He said this because someone asked if Tesla would accept Dogecoin, and he responded that eventually they would, I don't think we can deduce any type of planning or announcement from it. The only thing we can deduce is that he won't abandon Dogecoin after many people buy influenced by him.

I've seen things you people wouldn't believe. I have seen tips of thousands of Dogecoins. All those moments will be lost in time, like tears in rain.
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March 17, 2024, 01:26:22 PM
 #35

Bitcoin price recently dumped and followed by altcoins but For doge coin I think this is also a project with good fundamentals for now and maybe in the future it will at least lead the meme coin market and I think maybe in 3 days we will do it soon see market recovery.

yeah and good news comes from Elon, at least this signal will make Doge coin enthusiastic again during the current correction period.
Indeed, apart from that, several altcoins are currently making new ATHs and perhaps new ATHs will appear again for other Altcoins, especially if this temporary correction recovers.
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March 17, 2024, 06:05:29 PM
 #36

Elon musk have showed interest in Doge coins on several occasions even endorsed it and now he is hinting a possibility of using Doge coin to purchase Tesla Cars is going to be another move to hype Doge coins and possibly increase it's performance in the crypto market or what do you guys think?
Source: https://nairametrics.com/2024/03/14/elon-musk-hints-possibility-of-accepting-dogecoin-for-tesla-car-purchase/
Does somebody still believing on what he's saying? Is his influence still enough for DOGE to get hyped? I don't think so.
It wasn't like 3 years ago when he just pumped the price of DOGE through constantly promoting it. Many really thought at that time that DOGE will reach a dollar, but it didn't happen. Cheesy

Ever since Musk has promoted Tesla, many are always speculating that the coin will be adopted, and will be used on his company, Tesla and many also said that DOGE might be used as a tipping tool in his social media platform, X. As for me, I don't take this kind of thing seriously, and I don't see it as a reason for me to buy DOGE as well. We are just speculating basing on what he's saying.

I guess the coin will only pump in price if he add the token in either his company (as an alternative payment which is kind of absurd), or in his social media platform.

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