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Topic: Can Dogecoin become the new BTC? - page 9. (Read 1304 times)

jr. member
Activity: 956
Merit: 1
April 28, 2022, 06:49:26 AM
#68
This is not means the dogecoin become btc yah there is actual chance of dogecoin reach to the 1$ but thats not that mean it will reach a competitive value of btc!! Btc will remain number 1 always there will no competitors like btc but yah after some years there will be some assets which price will remain like btc present value but not even touch btc futuee value!!
sr. member
Activity: 2296
Merit: 256
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April 28, 2022, 06:38:03 AM
#67
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.
Even though Elon Musk is the richest person in the world, but that doesn't mean wealth can be equated with the current total bitcoin holders, I think if all the holders or whales of bitcoin come together maybe Elon Musk alone will not be able to fight them. What I believe is that because Elon Musk bought Twitter, there is a possibility that Dogecoin as a coin that Elon Musk has raised has a much higher position, possibly below or above Ethereum in the highest #2 or #3 position.
hero member
Activity: 2632
Merit: 649
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April 28, 2022, 05:49:44 AM
#66
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.
hero member
Activity: 2632
Merit: 833
April 28, 2022, 05:10:37 AM
#65
...Dogecoin has just stopped at an investment “movement” of the community, but has not yet received the same wide recognition as Bitcoin.

It is possible that Elon Musk will introduce Doge as a means of payment on Twitter and the price of the coin will rise several times again. But this still will not allow Doge to overtake bitcoin in capitalization, as this was already the case last year.

Yes, I think that might be the idea that Elon Musk is coming up with. Instead of bitcoin, he might use his dogecoin as tipping payment for his Twitter.

He did it already with this Tesla, accepting bitcoin in the beginning and then changes his stance. But it didn't affect bitcoin that much and so I doubt that it will overtake bitcoin even if he introduces it again via his Twitter.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 28, 2022, 04:50:12 AM
#64
...Dogecoin has just stopped at an investment “movement” of the community, but has not yet received the same wide recognition as Bitcoin.

It is possible that Elon Musk will introduce Doge as a means of payment on Twitter and the price of the coin will rise several times again. But this still will not allow Doge to overtake bitcoin in capitalization, as this was already the case last year.
member
Activity: 700
Merit: 14
April 28, 2022, 04:29:25 AM
#63
certainly not, Dogecoin is a cryptocurrency, and like so many other coins on the market right now, it is an investment tool.  Dogecoin doesn't have any interesting features or lofty vision like bitcoin.  Large organizations participating in the field of cryptocurrencies such as MicroStrategy, PayPal, Visa, etc. have not shown any signal that they will accept Dogecoin.  Dogecoin has just stopped at an investment “movement” of the community, but has not yet received the same wide recognition as Bitcoin.
full member
Activity: 2184
Merit: 184
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April 28, 2022, 03:48:09 AM
#62
Quote
NO, this is just a meme token and we should always remember this.
DOGE was a hype token and very volatile, this is a token that purely depends on a tweet of someone. Very risky if you are thinking like this, don’t get hyped that much and think for an impossible things. You can short with DOGE, but don’t expect that this will become the new BTC just because of Elon.

I think, it will be difficult for Dogecoin to become a new bitcoin because Dogecoin cannot demonstrate like BTC price that moved from $30,000 few months ago to $40,000 which other altcoins are still struggle to increase higher. Bitcoin price is still giving other altcoins opportunity to increase because whenever the price of bitcoin is decreasing in the market, Dogecoin Will be decreasing too to show that meme token cannot become new BTC. Many people has achieved a lot of income from Dogecoin investment does not mean Dogecoin will become  a new bitcoin in the market which is impossible.
legendary
Activity: 2758
Merit: 1004
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April 28, 2022, 03:46:42 AM
#61
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.
hero member
Activity: 2982
Merit: 610
April 28, 2022, 03:30:16 AM
#60
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.
That is absolute, NO. And I don't think that Elon Musk still has a huge influence on the market. He bought twitter but never I think this because he wants to hype Dogecoin again as he did before. People had learned already from the past, that Dogecoin is not a good investment either that investors must look for, instead, it was being ignored.

He made it to manipulate Twitter, not crypto. If ever he hypes another project/s, I think not Doge again, probably a new project.
member
Activity: 156
Merit: 63
April 28, 2022, 02:01:04 AM
#59
Dogecoin and Bitcoin despite being two good cryptocurrencies, there is no comparison, as we have noticed that dogecoin spikes almost always appear when Elon has activity with him, as happened a few days ago after the twitter buy and yet only it took a day for it to come back down. And I say this leaving out Elon's interaction with this coin being "a meme coin". So, in my opinion, I don't think they are on the same level.
hero member
Activity: 2548
Merit: 572
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April 28, 2022, 12:25:42 AM
#58
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 Elon Musk will only hype Dogecoin because Elon Musk still chooses Bitcoin which is the king of all existing coins, maybe Elon Musk can give Dogecoin the power to make its price go up by trying to make tweets on Twitter that can trigger people to buy Dogecoin. But it can be ascertained that Elon Musk is thinking harder to increase the price of Dogecoin because of too much supply.
full member
Activity: 2324
Merit: 175
April 28, 2022, 12:08:40 AM
#57
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.

That's possible because Elon can invest everything he had if he is motivated to make Dogecoin the number coin in the industry, but I will not support it and I believe the majority of us here will not, imagine a meme coin is lording it in the market because one man made it happen the community should unite not to make it happen, the joke will be on us I'm ok with Dogecoin in the top 10 but on number one, give me a break  Tongue.
full member
Activity: 529
Merit: 101
April 27, 2022, 11:27:10 PM
#56
For real? This is not my first time to see doge army was so crazy believing if doge coin can become the next bitcoin but yeah doge coin army should at least use their sense before try to predict the future of doge coin. Meme coin has no chance to be the same like the digital gold of crypto.

This meme coin will become the next big meme coin in the crypto but not for being the new bitcoin or even able to replace it. You should wake up dude and you are sleeping too much

Maybe they are too much of a believer that they forget to see that Dogecoin is just a meme coin. If one day, Dogecoin has an increase, maybe it will just become another altcoin.
Let's see now that even large altcoins can't compete with bitcoin's position, let alone a memecoin that is not worth much.
hero member
Activity: 2366
Merit: 504
April 27, 2022, 11:00:41 PM
#55
For real? This is not my first time to see doge army was so crazy believing if doge coin can become the next bitcoin but yeah doge coin army should at least use their sense before try to predict the future of doge coin. Meme coin has no chance to be the same like the digital gold of crypto.

This meme coin will become the next big meme coin in the crypto but not for being the new bitcoin or even able to replace it. You should wake up dude and you are sleeping too much
sr. member
Activity: 1582
Merit: 279
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April 27, 2022, 10:10:28 PM
#54
If this can happen, then Elon Musk is really crazy about holding Dogekoin, which used to be just a coin that had no value and could turn into a king of coins, let alone beat Bitcoin, which is currently very fantastic in value, but I haven't thought that far even though Elon Musk is a real person. influential but beating bitcoin with memekoin is not an easy thing, by buying twitter shares then the target to develop the crypto world must be there.
legendary
Activity: 3808
Merit: 1723
April 27, 2022, 10:02:52 PM
#53
No it’s not going to happen, it will most likely also never break its old ATH. There are many people that assumed it would hit $1 or $5 or $10 but they are forgetting it’s a mineable coin with a large miner reward everyday.

I forget the exact numbers but if doge is $1 then every month there is like $500 Million worth of new supply and those coins needs to be absorbed by new users and adoption just won’t happen that fast.

Easily way to make money is to short it whenever Elon makes a tweet about it, it almost always fades.
hero member
Activity: 3052
Merit: 606
April 27, 2022, 06:33:43 PM
#52
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 are looking at dogecoin the way Elon Musk did, then you will believe that it will replace the position of bitcoin. But the majority here say its not going to happen. Yes, Elon is very much influential in all aspects, but everyone here knows that Elon is more than a deceptive person trying to always take an advantage on the wealth of others. Whether he will get Twitter or not, bitcoin will always dominate the crypto market and dogecoin will always be a shitcoin that will never sustain its value like what bitcoin did.
legendary
Activity: 2940
Merit: 1083
April 27, 2022, 06:29:21 PM
#51
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.

Elon Musk can make anything possible? Is that how you looked at him?

There will be no change even if Elon takes over Twitter ownership. It's just a change of ownership and nothing else. He already used Twitter to pump Doge before and that will be just a part of the history. The price of Doge might be hyped because traders want that but it doesn't mean it will end to the point that it will become a new BTC.

It's crazy to think that it will happen just because of the scenarios you have mentioned.
sr. member
Activity: 1498
Merit: 443
April 27, 2022, 06:21:14 PM
#50
Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter?
Will Doge be that great because Elon Musk has bought Twitter?
I do not think so. Even though Elon Musk presents positive and very influential news, Doge will still be Doge, and will never beat Bitcoin. We must remain aware of how the Doge used to have a tremendous rise. But it still doesn't last long, does it?

Elon is a wealthy and influential man so it is very obvious he will surely promote dogecoin since he claims it is the people's coin. That is as far as it can get, I don't see a meme coin taking over the number currency in the whole world. Sounds like a bad joke.
Exactly, it is a big joke, moreover if Elon Musk or other people who really ambitious with this claim about beating Bitcoin, it will be very funny to hear. Although Elon has very big influence and power, it doesn't mean can beat the first cryptocurrency, Bitcoin
full member
Activity: 548
Merit: 100
April 27, 2022, 06:04:23 PM
#49
NO, this is just a meme token and we should always remember this.
DOGE was a hype token and very volatile, this is a token that purely depends on a tweet of someone. Very risky if you are thinking like this, don’t get hyped that much and think for an impossible things. You can short with DOGE, but don’t expect that this will become the new BTC just because of Elon.
Expecting doge to be new BTC is too much, enough to speculate the price of doge will only reach ATH within a certain time but don't expect doge to replace BTC's position, that's very weak thinking and there are no facts to prove it.
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