Can any meme coin challenge bitcoin in future ?

fikrett

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Quote from: mich on September 11, 2024, 11:42:49 PM

Well I do not think any of the alt coins can challenge it. Not even Ether or other alits like BNB and SOL. I do think there can be some pumps during the 'bull market'. But for me I think in longterm Bitcoin is always going to be the the number 1 coin.

I do agree with you. It's not really possible in our lifetime, in my opinion. BTC will always be the coin under the sun on the market. Both now and in the long-term.

mich

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Well I do not think any of the alt coins can challenge it. Not even Ether or other alits like BNB and SOL. I do think there can be some pumps during the 'bull market'. But for me I think in longterm Bitcoin is always going to be the the number 1 coin.

Dzwaafu11

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Quote from: krishnaverma on May 31, 2024, 10:43:55 PM

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

You asked a question, and you answered it yourself. However, there is any coin in this crypto space that can challenge bitcoin. Any coin you know wants to follow what bitcoin has been doing, but they can’t be challenged by it because bitcoin is like the father of all cryptocurrencies. Bitcoin has been making waves over all this time; I have never seen anybody complaining about bitcoin that he or she has been scammed or something similar to this. Anybody you see complaining, maybe due to the investors ignorance or something like that.

Barikui1

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Quote from: krishnaverma on May 31, 2024, 10:43:55 PM

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

Bro do you think you are in Disney land? Or you are on highness? Because it's very crazy to be asking such a question, though i don't blame you that much because this is what most of this social media influencers plant in your head just to give you false hope that shit coin will rise up to 1 million dollars and make you a billionaire, which is actually impossible, now you are asking the most crazy question ever, if meme coin can challenge Bitcoin in the future.

But am going to answer you anyway, concerning your question why meme coin can't challenge Bitcoin in terms of market cap and coin value is very simple, Bitcoin has a very strong fundamental that meme coin don't have, and besides, meme coin is mostly created for gambling purpose, not an asset to keep, it's an asset that can make you rich overnight no doubt, but can also liquidate your hard earned money overnight, and the percentage of you making something out of it is like 5% to 95%, so that is why is more like gambling, but with Bitcoin, your asset is more secure, because Bitcoin has the capacity to always rally back to it previous height and even better, anytime their is a sudden dip in price unlike meme coin that falls more than they rise.

MAAManda

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Quote from: krishnaverma on May 31, 2024, 10:43:55 PM

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

That won't be possible, memecoins don't have strong fundamentals on why should adopters adopt them? Even well-known coins like Ethereum (ETH), Binance Coin (BNB) or Solana (SOL) will not be at the same level as Bitcoin (BTC). So, it is unlikely for memecoins to challenge Bitcoin (BTC) in the future, but it's possible if they challenge other mainstream coins besides Bitcoin (BTC).

bananahunter67

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I doubt it but anything is possible.

Who expected that elon musk would pump Dogecoin...

DeathAngel

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No it will never happen, Bitcoin is far too established now. Meme coins very often end up being scams or have vulnerabilities in the code. They always get pre miked with a few very high token owning devs. They are just not as trustworthy as Bitcoin. There is room for successful meme coins in crypto space but just be careful because it’s a jungle of grifters & scammers out there.

Argoo

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Quote from: hamba laeh on September 10, 2024, 08:22:54 AM

Quote from: krishnaverma on May 31, 2024, 10:43:55 PM

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

Nothing is impossible in this world. Anything can happen at any time, but if we think rationally then it is impossible for memecoins to challenge bitcoin now and in the future, and it is very impossible for memecoins to challenge bitcoin. I and everyone here definitely have the same thoughts as me.

This is a stupid question to ask. No meme coin can even theoretically compare to Bitcoin. We could talk about Ethereum or another top coin, but comparing Bitcoin to any meme coin makes no sense.

ekotyo24

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Of course, let's make a simpler conclusion: Bitcoin vs. Bitcoin Meme Coins: Who is the Champion? Think of Bitcoin like digital gold bullion. He is strong, durable, and many people believe in him. Meme coins are more like fashion trends that can rise and fall quickly. The conclusion: Bitcoin has a stronger foundation and is more trusted than meme coins. While meme coins may be popular for a while, Bitcoin is more likely to be a good long-term investment. Bottom line: If you want a more stable investment, Bitcoin is a wiser choice. But if you want to try a trend that is currently on the rise, meme coins could be an option, but remember, the risks are higher.

hamba laeh

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Quote from: krishnaverma on May 31, 2024, 10:43:55 PM

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

Nothing is impossible in this world. Anything can happen at any time, but if we think rationally then it is impossible for memecoins to challenge bitcoin now and in the future, and it is very impossible for memecoins to challenge bitcoin. I and everyone here definitely have the same thoughts as me.

Tmoonz

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Quote from: krishnaverma on May 31, 2024, 10:43:55 PM

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

Bitcoin is the lead coin, the kind of all other coins such that even the performance of other coins solely depends on Bitcoin, Bitcoin has shown and proven to have a more solid foundation as it has made a wider spread adoption and a significant increase in value, no matter how big any other coins can grow I also have that believe it can not be matched with Bitcoin let alone challenging Bitcoin. No one can come any way to make such comparison as Bitcoin has really stand out of the crowded coins as the best and will remain the best even in the future.

Qiubell5

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Quote from: manok jepang on June 14, 2024, 12:46:37 AM

Indeed, in the crypto world, anything can happen, but if we think openly and far into the future, it is mathematically impossible for Memecoin to match, let alone compete with Bitcoin's popularity in the future, considering that Memecoin is just a coin that only follows momentary trends, while Bitcoin is one of the coins that is able to control all the coins in crypto, whose growth continues to grow over time without being disturbed by other coins,

Yes, it is true that it will not match Bitcoin even though meme coins are included in the altcoin category. These two types of cryptocurrencies have clear differences including project objectives,and levels of price fluctuations. There is no such movement as occurs with Bitcoin and all of that is clearly visible it's hard to match it and I don't think there will be any coin that can be on par with bitcoin when compared. For now it's hard to match it because it's one of the highest in cryptocurrency and one of the most popular.

betswift

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It's like asking why a man uses cars over bicycles. Sure, you can go on trip on both, but does it have the same functionality and comfort, secirty and realibility? I don't think so. In my opinion, that won't happen. Period.

evichi

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Going by the name, Meme coin is designed to serve different purpose which is of cultural and social values and usually with little or no utility built in them. As a result, there is really little or no bases of comparison except that both are cryptocurrencies. Most meme coin rise in value due to hype of which in some cases, the value of the coin falls after the hype. Bitcoin is different - designed to increase in value over time with the halving event that takes place every four years. in my opinion, as long as the concept of meme coin is used to build the meme coin, then no meme coin can be compared to bitcoin even in the future.

wheelz1200

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Quote from: manok jepang on June 14, 2024, 12:46:37 AM

Indeed, in the crypto world, anything can happen, but if we think openly and far into the future, it is mathematically impossible for Memecoin to match, let alone compete with Bitcoin's popularity in the future, considering that Memecoin is just a coin that only follows momentary trends, while Bitcoin is one of the coins that is able to control all the coins in crypto, whose growth continues to grow over time without being disturbed by other coins,

Agreed, anyone who thinks otherwise is delusional. These tokens are just built on other platforms that are basically just copy paste of other tokens. There is no movement behind them like bitcoin had. Besides that most of these memecoins are just obvious scams for theor creators to get rich and leave everyone else in the dust.

Abiky

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Quote from: hitsnorth on June 19, 2024, 12:48:39 PM

Some people say that nothing is impossible, but I think that THIS is impossible. Lol, memecoins are appearing and disappearing. They can't work in the long term as Bitcoin.

Of course it's impossible. Copycats/clones can't beat the real thing. Some of the "meme" coins we know and love today are straight clones of Bitcoin (like Dogecoin). Others are simply copies of another token (Floki Inu, BabyShibaInu, etc). The large circulating supply of most (if not all) "meme" coins, tells us they're not a good choice as a long-term investment. Supply outpaces demand. Not to mention, they lack innovation compared to serious projects like Bitcoin and Ethereum.

I'm confident Bitcoin will remain the #1 cryptocurrency in the world no matter what. It's the one project that started it all. So I'd suggest you fill your bags with BTC, instead of wasting all of your money into "meme" coins. You'll thank me later. Cheesy

Z_MBFM

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Quote from: krishnaverma on May 31, 2024, 10:43:55 PM

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

Meme coin is not a asset or any utility coin. So since it has no potential future or use it will not be trusted much by people and there will be no long term investors. Bitcoin is considered an asset by investors similar to gold, silver, land or other valuable assets. And it has managed to create a huge amount of trust in people's minds that no other coin could. And I think it will not be possible in the future. There are many potential coins in the market such as ETH, SOL, TRX, BNB etc.. They are in a good position and after Bitcoin, investors keep an eye on them. Still they can't challenge bitcoin so how meme coin can challenge bitcoin. lol...

hitsnorth

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Some people say that nothing is impossible, but I think that THIS is impossible. Lol, memecoins are appearing and disappearing. They can't work in the long term as Bitcoin.

doomloop

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Quote from: CK485 on June 11, 2024, 07:26:23 AM

It seems that there is nothing comparable to Bitcoin, let alone memecoins which continue to move positively, many of which have sprung up to take advantage of the momentum to gain profits, but they often exist without a clear goal. Because of this, their value per unit is generally very low, so the capital is small, the number of meme coins obtained very much, so meme coins are not supported by established cryptocurrencies like bitcoin so it is difficult compete with him.

This is exactly the approach people should have on these, I mean it is obvious that we are not going to get anything that would be all that complicated and we should probably understand that things are not going to end up with anything that would be all that complicated. We are talking about having something that will not really looked at quite differently, it is going to be something that will be quite simple.

We just need to realize that things aren't really that hard. Just think of bitcoin as the top one forever, and there will never be anything that would be higher or better, and you are going to actually keep on enjoying it forever. This is of course not going to be all that simple, but if you can do that, then it will be easier.

Kristiyana

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Quote from: Asyifiah on June 13, 2024, 11:22:13 PM

In my opinion, as long as I'm on the Bitcointalk forum, there isn't a single coin that can challenge Bitcoin, the reason why? Bitcoin is the main key or parent of all coins that have ever existed, with a very high quality of interest and a wide network. While coin memes are just a joke made by a certain group, they don't have a definite totality for the future.

Yeah of course and what we must also consider is the popularity because Bitcoin is the most popular coin and the highest accepted coin by everybody which is very powerful because wherever you go and they mentioned cryptocurrency the first thing they will call is Bitcoin because that's how much people love it and want to go into investing on it, so I don't think there would be a coin that will stand against Bitcoin.

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