Can Dogecoin become the new BTC? - page 5.

kesmex

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Quote from: Kocret02 on May 02, 2022, 10:37:31 AM

Quote from: davincicode666 on May 01, 2022, 11:51:22 AM

Quote from: Kocret02 on May 01, 2022, 11:14:12 AM

So far it is so, that the vision and mission of Dogecoin is not to be ranked one of the most expensive cryotocurrency, but I think the purpose of the post is not about price, but rather to interests and communities, this is in line with the tweet by Elon Musk, talking prices Dogecoin has no chance to defeat Bitcoin, but their interests and communities can be pursued

Pursuing Bitcoin is not the main goal for Dogecoin because it is a difficult thing to do, but if it is only for increasing volume and better positions, I think it is still very possible for Dogecoin because after this period of decline there will be a better increase in the market and I'm sure Dogecoin will also increase again over time

What I see is that Dogecoin's goal is not to chase bitcoin, but rather to increase the volume and a better position, because mathematically this is impossible to do, bitcoin has gone through difficult times, so now they are the king of crypto, which is more realistic improvement a market that dogecoin has to do, not compete to beat bitcoin

That seems to be the case because if I expect Dogecoin to beat Bitcoin I think it's impossible,
but clearly we need to see and wait if Dogecoin can increase its volume,
Let's see how Dogecoin develops in the future

electronicash

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Quote from: yohananaomi on May 03, 2022, 03:11:52 AM

Quote from: Zackgeno96 on May 02, 2022, 12:00:02 PM

Dogecoin may possibly do good, because apparently many people really believes Elon Musk on his ventures and whatnots that are being outrageously broadcasted on his platforms. But, I can’t see it yet that it could reach up to the level of BTC. It may be new, considered promising because of Elon Musk basically, but to get to the level of BTC, it must first be proven that its worth and utility could be really equivalent to the longevity and strength of the first one.

Until now, it seems that the trust in @elonmusk is still very strong, because whatever is tweeted, it will certainly have a positive impact. as well as doge, where until now @elonmusk has given news about his belief in the coin. right now there are benefits to doge in the way @elonmusk did, but I doubt it will ever reach bitcoin levels, because I don't believe that @elonmusk will continue to support doge.
As an entrepreneur, of course, the calculation of profit and loss will always be the main point, if Doge is no longer profitable, it is certain that @elonmusk will not support him. It should also be remembered that trust in @elonmusk's tweets will one day begin to be abandoned if it is not useful for investors.

elon already claimed he is the dogefather, he is not abandoning it. he probably bought doge long before its price goes 0.01USD so he has a huge profit with billions of it. yet we all know doge is an altcoin that can't go to a level where its adoption is like BTC. it will need a country accepting dog as legal tender which doge is not that kind. god knows elon can dump his doge if he wants to and a country will not want to be in a position where its currency is also controlled by a single person. but we also know he has BTC which i'd say he likes both BTC and doge.

yohananaomi

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Quote from: Zackgeno96 on May 02, 2022, 12:00:02 PM

Dogecoin may possibly do good, because apparently many people really believes Elon Musk on his ventures and whatnots that are being outrageously broadcasted on his platforms. But, I can’t see it yet that it could reach up to the level of BTC. It may be new, considered promising because of Elon Musk basically, but to get to the level of BTC, it must first be proven that its worth and utility could be really equivalent to the longevity and strength of the first one.

Until now, it seems that the trust in @elonmusk is still very strong, because whatever is tweeted, it will certainly have a positive impact. as well as doge, where until now @elonmusk has given news about his belief in the coin. right now there are benefits to doge in the way @elonmusk did, but I doubt it will ever reach bitcoin levels, because I don't believe that @elonmusk will continue to support doge.
As an entrepreneur, of course, the calculation of profit and loss will always be the main point, if Doge is no longer profitable, it is certain that @elonmusk will not support him. It should also be remembered that trust in @elonmusk's tweets will one day begin to be abandoned if it is not useful for investors.

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Quote from: S3300 on April 27, 2022, 03:05:01 AM

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

Nope, there’s no way it’s going to be doge coin. There are other coins that you would mention and I would agree with that, but not with this one, you would have maybe mentioned Ethereum and I would agree with that, because ETH is quite close to Bitcoin and it’s the biggest alternative cryptocurrency that we have in the market. There are also other coins that are really good in the market, and Dogecoin is nowhere near to that.

So, I wouldn’t agree with that of Dogecoin. Although I have been seeing a lot of people who are trying to say that since Elon Musk is supporting DOGE , that there is opportunity that it is going to be the biggest coin ,but I disagree with that.

Zackgeno96

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Dogecoin may possibly do good, because apparently many people really believes Elon Musk on his ventures and whatnots that are being outrageously broadcasted on his platforms. But, I can’t see it yet that it could reach up to the level of BTC. It may be new, considered promising because of Elon Musk basically, but to get to the level of BTC, it must first be proven that its worth and utility could be really equivalent to the longevity and strength of the first one.

Jocuserious

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In fact, elon musk caused a lot of hype about dogecoin but it is not surprising that its use worldwide has to be confirmed. Simply put, bitcoin is the best currency of all time and the king of all currencies. What do you think bitcoin has been in the crypto market for over a decade? In fact bitcoin should not be compared to other currencies and i think it is a fool errand.

Kocret02

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Quote from: davincicode666 on May 01, 2022, 11:51:22 AM

Quote from: Kocret02 on May 01, 2022, 11:14:12 AM

So far it is so, that the vision and mission of Dogecoin is not to be ranked one of the most expensive cryotocurrency, but I think the purpose of the post is not about price, but rather to interests and communities, this is in line with the tweet by Elon Musk, talking prices Dogecoin has no chance to defeat Bitcoin, but their interests and communities can be pursued

Pursuing Bitcoin is not the main goal for Dogecoin because it is a difficult thing to do, but if it is only for increasing volume and better positions, I think it is still very possible for Dogecoin because after this period of decline there will be a better increase in the market and I'm sure Dogecoin will also increase again over time

What I see is that Dogecoin's goal is not to chase bitcoin, but rather to increase the volume and a better position, because mathematically this is impossible to do, bitcoin has gone through difficult times, so now they are the king of crypto, which is more realistic improvement a market that dogecoin has to do, not compete to beat bitcoin

aryana42

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Quote from: adiebitsler on May 02, 2022, 07:45:46 AM

Quote from: shushu9977 on May 02, 2022, 03:56:34 AM

Dogecoin will dominate and well-position after few years and accept the whole world. Nither dogecoin can't reach btc nor beat the btc. So, king is always king as my opinion. It will never happen dogecoin will reach the top position.

The former will remain king forever, moreover if the supply can decrease and the fans can increase, it is clear the king will become stronger so that it is increasingly difficult to defeat others like Dogecoin.
You can imagine how many coins have been successful, but to beat Bitcoin has always been a dream that will never come true.

Even the comparison made absolutely makes no sense, the difference between Dogecoin and Bitcoin is so far, so how could Dogecoin be able to compete to defeat Bitcoin, whereas when viewed the position of coins in the market, Ethereum is the closest competitor to Bitcoin, but the class of Ethereum alone is unable to shift Bitcoin, but So I don't think that Dogecoin is a balanced opponent, even the concept of Dogecoin itself is not in the stage of competing with Bitcoin

adiebitsler

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Quote from: shushu9977 on May 02, 2022, 03:56:34 AM

Dogecoin will dominate and well-position after few years and accept the whole world. Nither dogecoin can't reach btc nor beat the btc. So, king is always king as my opinion. It will never happen dogecoin will reach the top position.

The former will remain king forever, moreover if the supply can decrease and the fans can increase, it is clear the king will become stronger so that it is increasingly difficult to defeat others like Dogecoin.
You can imagine how many coins have been successful, but to beat Bitcoin has always been a dream that will never come true.

Semar Mesem

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After Doge was popular because of Elon Musk's tweet and plans to be accepted for big deals, many are optimistic that Doge will continue to shine, I don't hesitate to invest more in Doge because of the huge profit opportunities and of course the support from the community is getting stronger.

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Quote from: S3300 on April 27, 2022, 03:05:01 AM

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter?

I never thought that dogecoin can beat BTC. Because many people have made some profit for Elon Musk and Dogecoin but many have lost everything. The popularity of Dogecoin for Elon Musk has increased a lot. Maybe its acceptability will increase a lot but it will never be able to cross BTC.

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Take it or leave it I believe that doge coin is going places, its going to be on the side by side with bitcoin as its younger brother, believe that, Elon Musk is going to make this possible by all means, I respect this man because I chooses only doge coin and plan to stick with it, unlike many influencers out there.

shushu9977

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Dogecoin will dominate and well-position after few years and accept the whole world. Nither dogecoin can't reach btc nor beat the btc. So, king is always king as my opinion. It will never happen dogecoin will reach the top position.

GigaBit

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The big market of uncertainty is cryptocurrency so everything here is based on speculation. Since Elon Musk is now the richest man in the world. Many people are commenting on it, but in reality it could be a different picture. I don't believe that doge coin would be the next BTC. It is impossible as we know that it is only a meme coin.

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Quote from: icalical on May 01, 2022, 08:44:01 AM

no it won't. Doge coin is a meme coin, even the creator has no vision for Doge to be big, they just make doge for fun. Indeed the community is great, but that's it, nothing more to offer. I think Elon never been serious about supporting the project, he just do it for fun. So Elon buying twitter won't mean anything for Doge.

besides, even when Elon Musk combined Doge and Twitter, it would never beat bitcoin. may be true if Doge, and Twitter have a large and solid community, only that it is still controlled by one person. while bitcoin is not controlled by anyone. however, doge's price and popularity will probably increase greatly, but i don't think it will ever beat bitcoin in terms of price, and so on.

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Quote from: Sled on May 01, 2022, 06:27:10 PM

Quote from: Issa56 on May 01, 2022, 05:15:56 PM

Elon must knows what he his doing, I still believe Elon musk in Cryptocurrency just for his own personal interest, he his just trying to boost his company, he is not in Cryptocurrency for good.

He tricked us before, people make-believe of him that he supports crypto but it was just Doge he needs to pump and make benefits out from it. Now, it makes people think that Elon Musk has no such influence in crypto. Dogecoin won't have that huge pump anymore, Elon musk can't move it anymore as investors won't take the bait. And I'm not going to say that he uses the Twitter platform to promote crypto again as he was once known by it, people won't believe him.

As said people won't follow Elon Musk, because they knew well about his plans of making money. He never intends to support people and as a beginning of money making out of Twitter he have begun the blue subscription that can be paid with dogecoin for special features access. Elon Musk also Believes dogecoin can solve Twitter's spam bot, and this is being proposed by billionaire Mark Cuban. When some real-time usage is added there is chances of growth, than a hyped growth.

Sled

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Quote from: Issa56 on May 01, 2022, 05:15:56 PM

Elon must knows what he his doing, I still believe Elon musk in Cryptocurrency just for his own personal interest, he his just trying to boost his company, he is not in Cryptocurrency for good.

He tricked us before, people make-believe of him that he supports crypto but it was just Doge he needs to pump and make benefits out from it. Now, it makes people think that Elon Musk has no such influence in crypto. Dogecoin won't have that huge pump anymore, Elon musk can't move it anymore as investors won't take the bait. And I'm not going to say that he uses the Twitter platform to promote crypto again as he was once known by it, people won't believe him.

Rigon

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Dogecoins were once sitcoins. But since Elon Musk responded to this coin, he has pumped a lot of coins and moved to a much better position.Maybe in the future it could go to a better position but I don't think Bitcoin can surpass that.Bitcoin is currently one of the largest and most popular currencies. Bitcoin must be numbered there.

Issa56

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Because Elon must bought Twitter, you now think doge coin might become new bitcoin in the future. I don't think that can be possible, I believe doge coin price will definitely pump which I believe all of us should know by now incase if you want to accumulate I believe this is the perfect time(but you have to do your own research). Elon must knows what he his doing, I still believe Elon musk in Cryptocurrency just for his own personal interest, he his just trying to boost his company, he is not in Cryptocurrency for good.

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Quote from: Wawa2013 on May 01, 2022, 05:02:10 AM

Until whenever Dogecoin will never be able to beat Bitcoin, in fact many projects have been created to replace Bitcoin. But it all ended in failure, because it was impossible to beat Bitcoin. As we know Bitcoin always dominates the market, and there has never been a single coin to replace it in the top position. People's trust in Bitcoin is too great, and also Bitcoin is like a mother to altcoins. Moreover, Dogecoin is only meme coins that do not have a clear function, so Dogecoin is only being manipulated by Elon Musk for personal gain. And now many people have been harmed because of this, so even though Elon Musk is using Twitter to promote Dogecoin again, I don't think Dogecoin will go as high as it was in 2021.

I agree that bitcoin is constantly getting the pressure because being at the top means that you are aimed by everyone. Nobody really sets out to be the 43rd best coin in the world, that is not an aim to be proud of, if you are starting then you aim to be top 10 or the best. Some reach top 10 easily and they want to be at the top, which is an honorable goal but to be fair not achieved by many.

I am guessing that doge got a bit too egotistical because of all the Elon Musk news, and the hubris will be the reason why it will fall as well. All those doge holders who made money during Elon tweet period will not care about the crash when it happens, and will be shocked to see it never recovering.

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