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Big news Elon Musk Wants New Pay Service, Is Dogecoin Involved?
REXBOX
Billionaire Elon Musk, a Dogecoin supporter, has seemingly been on a journey to eliminate bots from the X (formerly Twitter) platform after acquiring it back in 2022 for $54 billion. With multiple measures already put in place still not efficiently reducing the number of bots on the platform, Musk has moved on to a new strategy that involves paying to use X. But does Dogecoin fit into the payment plans?
Elon Musk Wants X Users To Pay To Play
In an interesting turn of events, Elon Musk is considering putting the entire X site behind a paywall. The billionaire revealed this while talking with Israeli Prime Minister Benjamin Netanyahu. According to Musk, he is considering this option as a way to reduce the bot activity on the social media platform.
Musk reasons that if all accounts have to pay a fee to access the platform, it would make it more expensive for the bad actors who create these bots to keep up their activities. And hopefully, higher costs of operations would lead to a decrease in those deploying the bots.
Explaining how the payments would work for each account, the SpaceX CEO said that X would introduce a “lower tier of pricing.” In this case, each account would pay a small fee just to access the platform, which would be separate from the fee users already have to pay to access its X Blue premium service.
He puts forward that given that these bots cost so little to deploy, as little as a fraction of a penny, making each account pay a few dollars to access the platform would increase their operating cost very drastically. Musk also seems to be at the end of his rope with the bot issues, telling the Prime Minister that this is “the only way I can think of to combat vast armies of bots.”
Does Dogecoin Fit Into This Plan?
Ever since Elon Musk took over the X platform, Dogecoin investors have waited with bated breaths to see if he would finally implement DOGE payments on the platform as he has talked about before.
These speculations are further fueled by the fact that Musk has gone on to implement a significant portion of ideas that he had for a social media platform highlighted in his recently released biography.
However, despite remaining a staunch supporter of the meme coin, there has been nothing from Musk to signify if Dogecoin payments are coming to X. But given that DOGE excels at such micro-transactions that would be implemented if X turns into a ‘pay-to-play’ service, it could be a good option for the platform.
source : https://rexbox.online/rexbox-elon-musk-wants-to-deter-x-bots-with-new-pay-service-is-dogecoin-involved/
#Musk #Bots #Pay #Service #Dogecoin
Billionaire Elon Musk, a Dogecoin supporter, has seemingly been on a journey to eliminate bots from the X (formerly Twitter) platform after acquiring it back in 2022 for $54 billion. With multiple measures already put in place still not efficiently reducing the number of bots on the platform, Musk has moved on to a new strategy that involves paying to use X. But does Dogecoin fit into the payment plans?
Elon Musk Wants X Users To Pay To Play
In an interesting turn of events, Elon Musk is considering putting the entire X site behind a paywall. The billionaire revealed this while talking with Israeli Prime Minister Benjamin Netanyahu. According to Musk, he is considering this option as a way to reduce the bot activity on the social media platform.
Musk reasons that if all accounts have to pay a fee to access the platform, it would make it more expensive for the bad actors who create these bots to keep up their activities. And hopefully, higher costs of operations would lead to a decrease in those deploying the bots.
Explaining how the payments would work for each account, the SpaceX CEO said that X would introduce a “lower tier of pricing.” In this case, each account would pay a small fee just to access the platform, which would be separate from the fee users already have to pay to access its X Blue premium service.
He puts forward that given that these bots cost so little to deploy, as little as a fraction of a penny, making each account pay a few dollars to access the platform would increase their operating cost very drastically. Musk also seems to be at the end of his rope with the bot issues, telling the Prime Minister that this is “the only way I can think of to combat vast armies of bots.”
Does Dogecoin Fit Into This Plan?
Ever since Elon Musk took over the X platform, Dogecoin investors have waited with bated breaths to see if he would finally implement DOGE payments on the platform as he has talked about before.
These speculations are further fueled by the fact that Musk has gone on to implement a significant portion of ideas that he had for a social media platform highlighted in his recently released biography.
However, despite remaining a staunch supporter of the meme coin, there has been nothing from Musk to signify if Dogecoin payments are coming to X. But given that DOGE excels at such micro-transactions that would be implemented if X turns into a ‘pay-to-play’ service, it could be a good option for the platform.
source : https://rexbox.online/rexbox-elon-musk-wants-to-deter-x-bots-with-new-pay-service-is-dogecoin-involved/
#Musk #Bots #Pay #Service #Dogecoin
Do You Want To Start Earning From Crypto Trading Bots? Check out These Trading bots
We have different types of crypto trading bots that one can utilise and make money in the crypto market if only they're knowledgeable about trading bots. Here are some of these bots:
1. Grid Trading bots: This type of bot buys and sells crypto at predetermined intervals. It's best used in volatile markets as it allows the bot to profit from bot pump and dump movements.
2. Scalping Bots: Just like we have scalp traders, this bot aims to profit from short-term price movement in the market.
3. Arbitrage Bots: They explore price discrepancies between exchanges.
4. Trend-following bots: These types of bots have an indicator that monitors market trends and executes trades according to the feed of the indicator.
#crypto #Bots
We have different types of crypto trading bots that one can utilise and make money in the crypto market if only they're knowledgeable about trading bots. Here are some of these bots:
1. Grid Trading bots: This type of bot buys and sells crypto at predetermined intervals. It's best used in volatile markets as it allows the bot to profit from bot pump and dump movements.
2. Scalping Bots: Just like we have scalp traders, this bot aims to profit from short-term price movement in the market.
3. Arbitrage Bots: They explore price discrepancies between exchanges.
4. Trend-following bots: These types of bots have an indicator that monitors market trends and executes trades according to the feed of the indicator.
#crypto #Bots
How to choose a cryptocurrency bot?
When choosing a cryptocurrency bot, there are several factors to consider, including:
Features: The bot should have the features that you need, such as the ability to trade multiple cryptocurrencies and exchanges.
Ease of use: The bot should be easy to use, even if you're a beginner.
Reliability: The bot should be reliable and have a good track record.
Security: The bot should be secure and protect your funds.
Cost: The bot should be affordable.
How to start using a cryptocurrency bot?
To start using a cryptocurrency bot, you will need to:
Choose a bot provider.
Create an account with the bot provider.
Deposit funds into your account.
Connect the bot to your exchange account.
Set up the bot's parameters.
Start the bot.
Conclusion
Cryptocurrency bots can be a great way to automate your trading and to take advantage of market opportunities. However, it is important to do your research and to choose a reputable bot provider before using a bot.
Here are some additional tips for beginners who are considering using cryptocurrency bots:
Start with a small amount of money.
Test the bot with historical data before using it with real money.
Monitor the bot's performance closely.
Be prepared to lose money.
Cryptocurrency trading is a risky activity, and bots do not guarantee profits. However, bots can be a valuable tool for traders who are looking to automate their trading and to improve their chances of success.
#Bots
When choosing a cryptocurrency bot, there are several factors to consider, including:
Features: The bot should have the features that you need, such as the ability to trade multiple cryptocurrencies and exchanges.
Ease of use: The bot should be easy to use, even if you're a beginner.
Reliability: The bot should be reliable and have a good track record.
Security: The bot should be secure and protect your funds.
Cost: The bot should be affordable.
How to start using a cryptocurrency bot?
To start using a cryptocurrency bot, you will need to:
Choose a bot provider.
Create an account with the bot provider.
Deposit funds into your account.
Connect the bot to your exchange account.
Set up the bot's parameters.
Start the bot.
Conclusion
Cryptocurrency bots can be a great way to automate your trading and to take advantage of market opportunities. However, it is important to do your research and to choose a reputable bot provider before using a bot.
Here are some additional tips for beginners who are considering using cryptocurrency bots:
Start with a small amount of money.
Test the bot with historical data before using it with real money.
Monitor the bot's performance closely.
Be prepared to lose money.
Cryptocurrency trading is a risky activity, and bots do not guarantee profits. However, bots can be a valuable tool for traders who are looking to automate their trading and to improve their chances of success.
#Bots
