Can Dogecoin become the new BTC? - page 8.

wheelz1200

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

No you are talking about a joke mem coin with infinite block rewards with no de escalation of those block rewards. And it's all hinged on litecoin miners to secure its network. By no means does this mean it will or even have the possibility of taking over bitcoin, seriously..

justdimin

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

Of course not, not even close, not even remotely somewhere along the lines, not even in the same sentence. This could be the first ever sentence that put them even remotely close to each other. Do not get hopes just because there is a community of hyped memecoin investors or some weird dude at the top who likes to tweet to tens of millions of people.

Doge will not become anything, it can't become anything, just one dude owns like a huge chunk of it and can destroy it (albet this is true for bitcoin with satoshis bitcoins but he is nowhere to be found). So all in all doge could not become anything, the fact that it is top 10 is already more than it could ever achieve, it just used the bear period to its advantage.

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

NO, I don't believe so. There are several coins that have a far stronger team and a brighter future than Dogecoin; simply buying Twitter by Elon Musk will not make Dogecoin widely accepted around the world. Bitcoin has a standard and will continue to grow since many people throughout the world accept it, thus no other Altcoin, including Ethereum, can overtake Bitcoin, and BNB, I believe, cannot.

Viscore

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

Dogecoin will never dominate bitcoin, no matter how Elon hype his own coin but that won't change the fact that Dogecoin will always be a shitcoin. However, we can expect for dogecoin to reach its peak these days as Elon will make it happen especially that this news about Elon finally acquiring Twitter has created a huge positive impact not only for dogecoin, but the rest of the crypto coins in the market. Still, bitcoin will always dominate in the market regardless of how dogecoin is very famous right now.

aryana42

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

Very silly and not sunken this happens, try to see the quality and ultinity of Bitcoin with Dogecoin, do they have similarities?
Dogecoin only memes while Bitcoin is the king of crypto now, how could this happen, and I did not see Elon Musk had the opportunity to do all that, because basically they were against a very strong and potential coin, you should think about other things than making such a statement

stepwilli

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

I think it's done. Elon musk already bought twitter but I don't see a big jump in the dogecoins value and I don't see that btc decline that much but btc was the one that rise more between them. It seems that the effect in favors to btc or maybe btc is the one that elon will use on twitter?

Because, it's more serious and looks professional that seeing that dog logo. Dogecoin is already accepted widely. That's a good thing but I don't think its support will grow wider than bitcoin. Dogecoin is an old coin. There are newly created coins but no matter how devs try to create a new btc, btc will always be the original. They cant change that fact anymore.

Roman_Picisan

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Quote from: andyou1234 on April 28, 2022, 01:34:57 PM

I don't think that Dogecoin will grow even higher, let alone become a new BTC, because I think it's very difficult for Memecoin to compete with coins that have very high capitalization and popularity like BTC, and I don't think Dogecoin is worth comparing with BTC because the difference is very far, namely like copper and gold.

That's right, a coin that many won't beat the power of BTC because BTC was the first coin to exist, memes won't beat reals coins.

RealMalatesta

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Quote from: nimogsm on April 28, 2022, 06:49:44 AM

Why do many doge fans think that Musk will solve all their problems?Maybe, to begin with, limit the issue of coins and start introducing doges into the real business sector.One social network will not fix the situation, well, they will turn on the possibility of tips and then what?I remember the satellite still had to be launched, so far only one conversation.

That is mainly because they bought it because of him tweeting. You need to know how stars aligned during that period in order to understand why doge went that high.

Firstly, bitcoin went up during 2020 as well, everyone remembers the 2021 period but we reached under 4k during march 2020 due to pandemic, reached 10k by summer and reached 20k until December came, so bitcoin was already on the up, and started to take other coins with it slowly. After that during early months of 2021, we had "WSB" subreddit attacking hedge funds and promoting Gamestop which made plenty of retail investors so so so much money as well.

These back to back led by Elon Musk tweeting about Doge resulted with "this is the next target" issue with a huge community and they all jumped in with their new profits into it all due to Elon tweeting basically, they had no other ideas about doge at all.

andyou1234

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I don't think that Dogecoin will grow even higher, let alone become a new BTC, because I think it's very difficult for Memecoin to compete with coins that have very high capitalization and popularity like BTC, and I don't think Dogecoin is worth comparing with BTC because the difference is very far, namely like copper and gold.

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Quote from: ningrum on April 28, 2022, 09:30:03 AM

I think its impossible for Dogecoin to beat Bitcoin even for Ethereum or BNB it will also be difficult,
so from that we can draw a little conclusion and I don't underestimate Dogecoin because when it comes to Elon Musk anything can happen but we also need to be realistic,
to be clearer, just follow the development of Dogecoin

The point is that Altcoins will not be able to beat Bitcoin in all respects forever, because of all the altcoins that have been born and circulated in the market and crypto space, none of them can beat Bitcoin, both in terms of volume, price, and transaction fees.
So there is no reason for altcoins to beat Bitcoin.

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

With what you said, I can now say that the world really has crazy people Cheesy

.
A meme coin to be on top of Bitcoin and its because of Elon Musk? He is the richest guy right now yes but he can't make DOGE be higher than Bitcoin or will replace it.

Kidding aside, the answer is no because there is no way that DOGE will surpass Bitcoin. Market cap? I don't think so. Maybe in Tx Speed and Fee then yes it surpasses Bitcoin. This idea of yours will only be just a dream and we can all dream of anything when we sleep

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what bitcoin experienced in my opinion is much bigger than dogecoin, bitcoin was once said to be destroyed in 2018 but they are still growing well until now. I have never seen this condition in dogecoin, they have never faced a crisis like bitcoin, it's just that dogecoin has been stagnant. The arrival of Elon Musk made dogecoin fly high, even though bitcoin also didn't want to lose, usually bitcoin rose first before dogecoin. Besides, it's possible that behind all this there are other rich people bigger than Elon Musk in the future, who will be ready to back up bitcoin.

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Quote from: Pesona1 on April 28, 2022, 09:34:20 AM

Quote from: S3300 on April 27, 2022, 04:05:01 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.

If you might say ETH or BNB as a new bitcoin candidate it might make sense, because both altcoins have strong fundamentals and also a large community around the world, but if Dogecoin becomes the next bitcoin of course it's a joke in my opinion, as a coin meme, dogecoin does not have strong fundamentals and as far as i know dogecoin has an unlimited supply so the price is only affected by the hype that is going on and obviously dogecoin is unlikely to be the next bitcoin in the future.

Definitely, a meme coin as the main currency? I don't think so and even though that Elon Musk will do something about it on Twitter or SpaceX it doesn't change the fact that the Bitcoin is still the main cryptocurrency that will remain on top and not by some meme coins that is constantly pumping by a billionaire.

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

If you might say ETH or BNB as a new bitcoin candidate it might make sense, because both altcoins have strong fundamentals and also a large community around the world, but if Dogecoin becomes the next bitcoin of course it's a joke in my opinion, as a coin meme, dogecoin does not have strong fundamentals and as far as i know dogecoin has an unlimited supply so the price is only affected by the hype that is going on and obviously dogecoin is unlikely to be the next bitcoin in the future.

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Quote from: Rampagoe004 on April 28, 2022, 09:05:17 AM

To beat the current bitcoin ranking I think is very difficult, especially dogekoin is one of the memekoin whose value is still very low and not fully in demand by many investors, but with the full support of a very influential person in the world, namely Elon Musk, the increase in dogecoin will definitely occur even though later it is not comparable to the value of bitcoin.

I think its impossible for Dogecoin to beat Bitcoin even for Ethereum or BNB it will also be difficult,
so from that we can draw a little conclusion and I don't underestimate Dogecoin because when it comes to Elon Musk anything can happen but we also need to be realistic,
to be clearer, just follow the development of Dogecoin

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To beat the current bitcoin ranking I think is very difficult, especially dogekoin is one of the memekoin whose value is still very low and not fully in demand by many investors, but with the full support of a very influential person in the world, namely Elon Musk, the increase in dogecoin will definitely occur even though later it is not comparable to the value of bitcoin.

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Quote from: ven7net on April 28, 2022, 08:05:34 AM

I'm not sure if Doge coin can become like BTC or even be better than it. By far the first problem for this is mass adoption, in other words, will people who use BTC want to abandon it and start using Doge coin? I don't think this will happen. However, in any case, Elon Musk, using Twitter, can try to add value to the Doge coin and once again send this crypto asset to the moon, and maybe to Mars. But it is unlikely that all this will help Doge coin become like BTC or better.

You don't need to become unsure or even to think there is a chance as certainly this never happens.
Remember that Dogecoin is just been hyped before because someone did it and shilled, not because people see and appreciate it. Bitcoin is one of the most valuable coins in the market which is really far if we compared it to Dogecoins as very known as meme coins. And even Elon Musk makes it hype again, it is definitely not going to see Doge soar beyond Bitcoin.

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Quote from: Dr.Osh on April 28, 2022, 04:46:42 AM

Quote from: S3300 on April 27, 2022, 04:05:01 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.

if doge is optimized with twitter, it is very possible for doge price to go up. however, I think it's not enough to beat Bitcoin. even ethereum which really has great potential can't grab or replace bitcoin though. If Doge is backed by twitter, that could make doge a good coin if we keep in mind that twitter is one of those giants that almost everyone uses. this of course will encourage the use of doge. only, it is still very far from where bitcoin is. Doge will never beat bitcoin. I'm pretty sure of that.

its true , adoption on dogecoin will massively growth due integration with twitter. i am believe price will soar hardly when elon musk or twitter announced this .but if we talking about to be new bitcoin , in my opinion it just over expectation or maybe over confidence although there is no impssible thing in crypto market. but we have to be realistice there are coins better than doge which is have better utility and product .

ven7net

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

I'm not sure if Doge coin can become like BTC or even be better than it. By far the first problem for this is mass adoption, in other words, will people who use BTC want to abandon it and start using Doge coin? I don't think this will happen. However, in any case, Elon Musk, using Twitter, can try to add value to the Doge coin and once again send this crypto asset to the moon, and maybe to Mars. But it is unlikely that all this will help Doge coin become like BTC or better.

Nrcewker

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Quote from: S3300 on April 27, 2022, 04:05:01 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.

If it comes to dream, then many people can dream of anything .
And regarding Bitcoins, then i must guarantee you that no coin in the planet can ever replace Bitcoins.
Doge has great capabilities, and yes it’s one of the old coins ever developed, but still it has to travel long in order to reach Bitcoins level.
No matter what Elon musk does with DOGE, but still hardly doge will cross LTC’s price.
Yes what you are talking about might happen in next 100 years. But still it’s a prediction.
Will love to hear more people’s thought on this.

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