What will make Dopecoin a success?
1. Multipool? Maybe, a lot of coins has multipools now, so you already need to create a multipool with a lot of hashrate so that you're the biggest player on the market. Can Dopecoin do this? Very unlikely because of a weak community.
2. Changing to POS? A lot of coins are now using POS, and honestly the coins that are being traded and moving a lot are those using POS. Option for Dopecoin? Most likely not, as the owner of the coin is looking for more services and is not really interesting in changing the structure of the coin.
3. Pump your own coin? Most likely not.
So i believe Dopecoin has nothing to offer in the short term, maybe longer term it is a win situation and people that bought at 130 sats will be very happy in a few months/years. USDe was also trading at 30 sats and now trading at 200 sats, so it is just a matter of time before Dopecoin will move higher.
At least if marketing increases, as very sadly, i don't see a lot of marketing activity here
Again it seems at least in my personal opinion that the low price stems mostly from a lack of people accepting it as payment, and general lack of legitimate reason to use it as opposed to something else(both of which yes seem to be more issues about marketing at this point not that it's not happening so much as it's not happening on a wide enough scale). The best example of this I can think of would be something like imagine the US dollar didn't exist until just now. Since it's brand new nobody accepts it as payment meaning it's all but worthless, especially compared to competitors that offer the same thing but are more widely accepted. If only a few places accept it sure it'd have some value, but not very much.
If more and more places started accepting it, and you can use it to do a lot of things it becomes more valuable still. I think we also need to figure out a way to get the community more active in building things to increase adoption. That's kind of the whole point of an open source community isn't it? The devs are doing a phenomenal job don't get me wrong, but they're only human, and seem to have a shit ton on their plate as it is. Bitcoin/Litecoin, and I'm sure just about any Cryptocurrency that is successful most likely didn't get there by just a closed circuit of developers/select few community members plotting their rise. They seem have massive communities involved in development/planning/promotion of all sorts of cool things that add value to the infrastructure as a whole.
I believe the community can and should be involved in building stuff to help increase adoption/add value in general. This should be especially easy as these newer systems like ePOS roll out. I do agree a big part of it seems to be marketing though. So overall I think the biggest wall we face is getting enough adoption/acceptance to give people a reason to use this currency over others. Whether it be on a market like the Silk Road, or other more legal things, we should want as many places to accept Dopecoin as possible just to give people a reason to want to use it. Maybe we need some people strictly devoted to marketing as well, who knows.
Feel free to correct any mistakes I've made/add any opinions you may have these are just my thoughts.
