Pages:
Author

Topic: Can any meme coin challenge bitcoin in future ? - page 5. (Read 930 times)

full member
Activity: 308
Merit: 142
Never can any meme coin challenge Bitcoin in this world. Meme coins rely on hype to be successful and most of them are just pump-and-dump coins without any future development plans that its use cases may continue on the other hand Bitcoin does not require hype to make the kind of waves it's making in the world of cryptocurrencies. In existence, Bitcoin has existed before any other cryptocurrencies and within these years it has done significantly well which no altcoin can be compared to it. It was the first cryptocurrency which means it was the alpha and the original digital experiment while others were alternatives to it.
member
Activity: 994
Merit: 46
Most of the peoples already give solid replies about this with we all know about this all how working so still having confusion like this or creating hype like this is never been going to work for anyone Bitcoin has never been under control of any person which is the best thing happening around this and meme coins are created for the fun and also having quick profit with mostly are giving huge loses to newbies even we all know these can go nil as well because developers are controlling things and these are having huge risk of lost and also going deep down and now bitcoin is at his best place with solid community and foundation to stay at the top.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
Hahaha! That isn’t not happening. Don’t know what it means to challenge Bitcoin? I presume you’re talking about the price and no matter in what idea you mean, it isn’t possible. Bitcoin is a huge currency and no altcoin can take up a battle with it. Even if you built a replica, you still can’t change the fact that Bitcoin was the first and that’s why it’s where it is. And not to mention that you’re talking about meme coin.
legendary
Activity: 3752
Merit: 1415
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.

Is this a joke question or serious lol?  If serious then simple.  Memecoins ate built in less than 10 minutes and are created literally just to enrich the developer of thar coin.  It serves no purpose nor does the market need these tokens.  Also how would a token on an existing chain even remotely come close to competing with bitcoin.  The answer is just simply no.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
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.

we have to look at these two currencies:

bitcoin = currency created by an anonymous guy, never complain or take control of bitcoin, the system created by the anonymous guy is very good, it does not allow a single person to decide to destroy bitcoin, which makes bitcoin a safer investment for people. Also many governments, companies and important people accept bitcoin

Meme coins = are created by very well-known people, the owners of the meme coins have many coins that they can sell and the price will drop a lot, the owners of the meme coins can abandon the coin, which will destroy the coin, generating losses for the people, the owners of meme coins can easily manipulate the price with their pump and dump schemes. So meme coins are not to be taken seriously

conclusion = bitcoin is much superior
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
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.
Nope, also think that it wouldn't be able to challenge Bitcoin or be near it even in the future.
For me meme coins are initially created for fun, nothing serious that is how I see it, and it is just being used to pump and dump(most of shitcoins actually).
I also think if Elon didn't get into crypto DOGE and other meme coins wouldn't really be much or make a real big noise in crypto space.
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
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.
Perhaps even from my slightest knowledge about bitcoin I already knew no coin will ever reach bitcoins status in future not to talk of memecoins, memecoins are often considered shitcoins and perhaps let's say one tops the league and makes it big does that mean it will ever challenge bitcoin? absolutely no!

no coin, no memecoins can ever reach the level of bitcoin to be compared or challenge in any way. bitcoin has a big community that memecoins put together can't reach.
sr. member
Activity: 2618
Merit: 439
If what you are asking is if any memecoin will rise to challenge bitcoin in terms of marketcap, then I personally will say that is not possible, maybe it will be possible in the future but it's not in this generation.
For any memecoin (no matter how big) to challenge bitcoin in market cap, bitcoin will first have to collapse, and we all know what will happen if bitcoin collapsed, it being the major force controlling the entire crypto market, will definitely make the entire market collapse as well, then maybe after that, a meme coin may rise to become the crypto market leader.
A memecoin surpassing bitcoin in its current form will be impossible. I also don’t think bitcoin will collapse any time soon so we can expect no memecoin to be surpassing bitcoin in any way or in any form in the next few years at least. People who speculate about bitcoin’s downfall never gets it right, no one does. We don’t know until when bitcoin will be at the top but I will bet that it will be there for quite a long time. There’s a high chance that memecoin might even collapse before bitcoin.
member
Activity: 560
Merit: 17
Eloncoin.org - Mars, here we come!
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.

     It's just like this op, whales against ants; do you think the ants will win over the whales? The challenger is the ant (meme coin), and the challenged is the whale (bitcoin). Think about what I said, op. And one more thing: Bitcoin is not a meme; remember that?

     Bitcoin has its own blockchain technology, and the altcoins just imitate the concept of blockchain in Bitcoin. In short, what is better, the original or the fake that was just copied? I hope you can see the logic I'm using.
sr. member
Activity: 278
Merit: 255
Life
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.
Well, first, let's get your question clear, challenge bitcoin in what way exactly?, is it by marketcap, or by holders/community?

If what you are asking is if any memecoin will rise to challenge bitcoin in terms of marketcap, then I personally will say that is not possible, maybe it will be possible in the future but it's not in this generation.
For any memecoin (no matter how big) to challenge bitcoin in market cap, bitcoin will first have to collapse, and we all know what will happen if bitcoin collapsed, it being the major force controlling the entire crypto market, will definitely make the entire market collapse as well, then maybe after that, a meme coin may rise to become the crypto market leader.

This is the only way it can happens, else, it's not possible for meme coin to challenge bitcoin.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
In terms of what, market capitalization is still possible because looking at memecoin which is always full of enthusiasts where pumps and dumps always occur, it can compete but in terms of value it is just a dream.

We have to look at the price difference now so why force to think as if meme coins can make a miracle like this because after all memecoins are still memecoins where they will only be at their highest point when there are some people who are not doing their job and make this coin get pumped. The rest there is nothing they can do because if there is no pump and dump scheme they are just a bunch of coins that are just waiting for the time to die so there is no need for many reasons memecoin will not be able to make any competition with bitcoin because indeed such things are impossible things that cannot be realized .
sr. member
Activity: 2422
Merit: 357
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.
They can always challenge Bitcoin but of course, Bitcoin will always prevail.
I didn’t see any project that can replace Bitcoin and seriously, we are here because of Bitcoin and staying on top is like our ways to be thankful to Bitcoin. I know there’s too much hype with the meme tokens but for me, they will never be on top of Bitcoin.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
I firmly believe that meme coin will never be able to beat bitcoin, even in the future. In fact, I feel that popular altcoins like ethereum, BNB, and other coins that have clear utility, and high potential value, are very hard to beat bitcoin. However, as the name suggests, Meme coins are only created without a clear purpose. In fact, people only take advantage of meme coins because their fluctuations are very high and short.

Bitcoin is ranked first when it comes to cryptocurrency. The team behind bitcoin is anonymous and have promising plans for the possible future. Taking advantage of memecoins is the main tatget for most of these traders and investors. I've massively gain from investing in memecoins and they're always short term. Memecoins are the trends in cryptocurrency and they've this solid potential to explore in the market.
hero member
Activity: 2688
Merit: 588
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.
Since you said “meme” then the answer is “no”.

If you had said - altcoin, I would have said “maybe” but since you are referring specifically at meme coins then there’s no way that they will be able to surpass bitcoin, most people only invest in meme coin for short period of time due to their volatility and they take profit immediately and if you check majority of them - after launch and that launch hype has died off they tend to remain bearish and not go up again.

No one takes meme coin serious, the one ones that are known to so many investors are Doge, shibainu and Pepe most people haven’t heard about the rest.
Even for a potential alt like we have nowadays, there is none of them who reach even the middle of BTC and they are already given enough time to do that task. Will there be a change? No I don't think so. I already lost my interest on them in terms of that. About the meme coins, there are people who take them seriously and that is none other than their investors.

The meme coins you have given a name are much older than the recent one we see now, so it makes sense that many people are aware of them. It is still possible for a person to get aware about the new meme coins, as long as they are always updated or hang out most of the time on many communities and social media sites.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
I highly doubt. Most of the memecoins, if not all, are having no utility which is already a negative trait. A token's utility is the one to resist market price volatility and without it, the market value of a coin will just be carried by hype and manipulation from big investors, which is a downside in the long run and could be a reason why a coin wouldn't have long term progress and development. Unlike with Bitcoin which have proven itself for years already. Many projects are running on its chain creating a sustainable market price but subjected for increase over the years as its community continues to grow.
I think you shouldn't think too far like that, it will only waste your time, because that will never happen, it's best to focus on the memecoin you want to invest in, whether the memecoin can last a long time or is the memecoin just a game that will harm you in the future,
Quite contradicting; will never happen but asks people to focus on a memecoin? But going back, no matter how I look at it, this won't be possible at least for now. Not to close the doors for altcoins but for sure Bitcoin is still on top of other cryptos.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
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 challenge Bitcoin? That sounds funny! How can a mirage challenge challenge Bitcoin? In what aspect? Do you even understand what meme coins are? They are purely for fun, more like joke. If you think something that is all about fun will challenge a serious business like Bitcoin, then you can as well believe that I am Satoshi.

If you want to get involved with meme coins, go ahead, enjoy the hype, pump and all the fun that comes with them but don't forget that it can dump on you, or disappear any moment. Nothing can challenge Bitcoin and that is the fact you need to always keep at the back of your mind.
I think he is more of asking from the profit pont of view as we all know that some meme coins have given people even 100x on their investments but from a very long times BTC has not been able to do so. Yes it's a very stable coin and it offers you great opportunities to invest but it's for long term investments.

If we talk about shor term investment than yes meme coins have better performance. They can give you some quick profits but you have to be very careful with your choice.
full member
Activity: 1025
Merit: 100
PredX - AI-Powered Prediction Market
I think you shouldn't think too far like that, it will only waste your time, because that will never happen, it's best to focus on the memecoin you want to invest in, whether the memecoin can last a long time or is the memecoin just a game that will harm you in the future,
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
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.

I don't think any meme coin is capable of doing that even Doge cannot, all meme coins have the same model they are created for pump and dump there is no use case and if not for Elon Musk we are not talking about the meme here, even Ethereum which offer a lot of utility cannot take the place of Bitcoin, so what will be the possible feature that can make them challenge Bitcoin.

The only reason why memes are trending is because so many investors are greedy for quick profit which these meme coins are good at, The meme trend will finally be over but Bitcoin will remain as it is.
member
Activity: 322
Merit: 70
I don't think memecoins will be able to challenge Bitcoin in the future.Speaking of the present Memecoins hasn't challenged altcoins with high potentials like Ethereum and BNB talk less of Bitcoin the pioneer of all coins.Memecoins are meant for jokes and fun,for short term investment purposes and they are most likely pump and dump scheme.Bitcoin is the king of all coins in the crypto space and it wouldn't be so easy for any coin to beat Bitcoin in the future.
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
No memecoin can challenge Bitcoin in the future because:
1. They are all somehow dependent on Bitcoin. If Bitcoin plummets, they experience an even more severe decline.
2. Bitcoin is backed by larger companies, and no major company will bet on memecoins.
3. The largest memecoin (Dogecoin) is supported by one of the wealthiest men on Earth, but it still can't even challenge Ethereum.
Pages:
Jump to: