Topic: I am very Pro Dogecoin – Says Ethereum Co-founder, Vitalik Buterin - page 2. (Read 7897 times)

One of the reasons why it is loved by many crypto users is owed to the fact that many exchanges are supporting this coin, making it easy to use for transfer purposes.
I am also a dogecoin user but I used it mainly for trading and transfer because of the low transaction fee involved.

Vitalik is a smart person and has been fondant of crypto for a very long time. It's no wonder why he loves Dogecoin so much, being one of the first altcoins in existence. Over the years the cryptocurrency has been able to maintain itself in the mainstream world, with a widespread amount of nodes & miners worldwide. It's still an inexpensive cryptocurrency with blazing fast speeds, making it ideal for micropayments. In contrast, Bitcoin and even Ethereum are extremely flooded by transactions which results in higher fees and slow speeds. They may be much more popular than Dogecoin, but they lack the ability to be used as a currency for everyday transactions.

Perhaps, someday Vitalik will take a step forward in making Dogecoin a better cryptocurrency for the world. He needs to focus on Ethereum 2.0 first, before he could move on to other projects. By scaling the Ethereum blockchain, transaction speeds will become faster while fees will decline massively over time. Only then, it'll be possible to integrate both ETH and DOGE blockchains for interoperability. Still though, even if Dogecoin stays as is without any improvements, it'll be loved by many people for years to come.

Nonetheless, if Vitalik continues to talk positively about Dogecoin, more people will become aware of the cryptocurrency resulting in greater demand over time. While prices might not increase that much (as DOGE supply is huge), mainstream adoption will. In the end, it's hoped that Dogecoin will live alongside major cryptocurrencies like Bitcoin and Ethereum for a very long time. Just my opinion

I am also wondering why is it so popular?

Dogecoin is Bitcoin with 1000x supply.
Though had less development compared to bitcoin

Dogecoin is so well known because it is a reward for entertainment games, that is why many people know and love this coin. Because it is available in many entertainment games. What about the coin rise? I am not so sure about that, but for the sake of the investors, I hope that it does rise up in the future.

Vitalik does it and you should not worry about that and with ethereum 2.0 roadmap has already proven the real vision of ethereum and vitalik.
The sinking of ethereum price caused by so many demand are moving towards the ico and ethereum must try to rebuild its strategy to attract those investors again to re-buy ethereum.
Vitalik is aware if doge coin has so many supporters and with the dogethereum project and vitalik is staying there was a chance to re-build the dogecoin again and get more supporters from doge communities

For me, Dogecoin is like a hidden gem that was still hiding the power to increase. We can see in many exchanges, and Dogecoin has a big order in buying or selling and sometimes we think that it's impossible to see the price can increase in a short time. Well, that is true, but if Dogecoin has a right time to increase, the price will start the rally, and of course, the price in every order buy and sell will filled. We can see this at the last time of Dogecoin to increase, and the price can reach the highest price in a short time. But then the price has to get down and back to the early price.

i guess, its nothing. its just for fun maybe,since the coin themselves created by people have a high sense of humor.
dont take it seriously.


well,as u know, probably yes,at the beginning,they are made only for pleasure,but as time goes , they began to be recognized,so i think nothing wrong with copy paste coins,as long they are acceptable and have a value and also safety.

What is the reason behind all of these statements?
A coin that was created just for fun. It has similiar features as Litecoin. Faster transactions and cheaper. But, everything is now possible also on Bitcoin, so why we should use copy paste coins instead of real one?

Agree. Dogecoin's current design makes it an attractive option for people looking to send micropayments at the lowest costs possible. Being always inexpensive in price, is quite an advantage in contrast to other well-known cryptocurrencies on the market as it brings greater levels of accessibility to the people. It's no wonder why Vitalik has loved Dogecoin for quite some time, despite being dormant in development and innovation. Maybe Ethereum's founder could help support the DOGE blockchain by implementing an ERC-20 that has a 1:1 ratio towards DOGE or simply creating a bridge between both the ETH and DOGE blockchains. The possibilities with Dogecoin are endless because of its inexpensiveness. People can try/test Dogecoin without spending a fortune on it.

In the end, Dogecoin will remain actively traded on the market for years to come. It's quite impressive to see a cryptocurrency so actively supported by people, without any activity in development so far. With no issues in the scalability or security of the DOGE blockchain, there might be no reason to improve upon it after all. Vitalik's positive comments towards Dogecoin shows us that it's a cryptocurrency that will last a lifetime. Just my opinion

Profitable to all? and what about those have bought doge above 100 satoshis and then the price was plunged a lot to the 30 satoshi and it's more than 70% lost just in doge coin. This coin is only good for betting purpose only and im not seeing any potential to hodl doge as an investment.
The scalability becomes the only advantage by dogecoin.

It's seriously hard not to love Dogecoin. I need to start visiting the Dogecoin Reddit again.

Remember: 1 Dogecoin = 1 Dogecoin.

Is hard to not love dogecoin, the technical side of the coin is awesome and the economical side is crazy...

In the technical side, we have the 1-minute blocks who is awesome, and the never halving blocks feature is a nice one too.

And the economical side is great because you can get a lot of coins with $1 dollar. So, as i said before, its hard to not love dogecoin.

While I agree that Vitalik should concentrate in his own cryptocurrency project, his positive comments towards Dogecoin helps boost the cryptocurrency's credibility and adoption within the mainstream world. It's no secret that DOGE is an extremely versatile cryptocurrency for micropayments, which explains why Ethereum's founder has shown interest into it. What Dogecoin needs is a "resurrection" in terms of development and innovation, in order to reach new heights. Otherwise, it'll remain stagnant across the crypto market for a very long time. Because of DOGE's limitless supply, it's unable to reach higher prices than usual. Which is why, Dogecoin proves to be better as a currency than a store of value.

Despite these facts, it's hoped that someday Dogecoin could rise in mainstream adoption like never before. As soon as people realize its benefits, they'll use the cryptocurrency more thoroughly. It's only a matter of time before this happens, as we're one step closer to attract institutional investors into the general crypto market. The more Vitalik talks about Dogecoin, the better, as people will gain more attention to the cryptocurrency. If ETH's founder wants to help Dogecoin every step of the way, then I'd suggest that he creates a new token on the ETH blockchain that would have a 1:1 ratio to DOGE.

Nonetheless, with Vitalik and McAfee talking positively towards Dogecoin, the future of the cryptocurrency seems more bright than ever. Everything will depend on the people themselves whenever they'd want to continue supporting the cryptocurrency or not. In the meantime, Dogecoin will serve as a highly speculative cryptocurrency where its price could fluctuate widely in a blink of an eye. It proves to be more useful for traders than anyone else in this regard. Just my thoughts

Vitalik have to look in to his own coin first before he snifs other coins. Ethereum is sinking day by day and it needs dinner push. He should concentrate on that.

Agree. Dogecoin is one of the oldest coins that has stood the test of time. Other altcoins have simply failed, being abandoned by their whole community, as well as, their dev team. While Dogecoin has no active development, it's still admired and widely supported by its followers. The success of Dogecoin has been such, that another alternative emerged with the same purpose of being a meme cryptocurrency. Such alternative is called Garlicoin which had a great boost in mainstream adoption within its early days back in 2017. But now, it seems to be largely abandoned not only by its dev team, but also by its own community making it a useless coin with no purpose at all.

Which is why, I believe that Dogecoin will become the true winner of the meme cryptocurrency space that'll last for many years to come. It's the DOGE community which makes the whole thing interesting to hodlers of the coin. With dirt cheap transaction fees, and blazing fast confirmations times, there isn't a reason why you should avoid this good-old cryptocurrency after all. It's no wonder why Vitalik and other cryptocurrency enthusiasts have shown a level of affection for the cryptocurrency.

Someday, Dogecoin will be able to shine among other cryptocurrencies on the market, as it becomes adopted by a new development team. Only then, it could implement new technologies and features to keep up to pace with most actively developed altcoins within the mainstream world. It just needs that boost, in order to gain traction like never before. Considering that DOGE's All-time-high (ATH) was around $0.02 per coin, it makes sense to hold some coins for a very long time.

Nonetheless, the best thing Vitalik could do is to merge Dogecoin into the Ethereum blockchain by either launching an ERC-20 variant of it, or simply making a bridge between both blockchains for true interoperability. Just my thoughts

It's one of the old coins that will not die, I still remember it's good old days it's the top memes in the crypto community and  don't think Dogecoin has an active competitor for being a meme coin, maybe it will not climb the top 10, but it will always profitable in the market.

I am sure Vitalik would have invested in Dogecoin, which is why he is trying every means to promote it, by using his influence.
It would have been better if he had geared that influence and effort towards making more promotions for ethereum.
Although, ethereum itself needs some upgrades, most especially on scalability.

What happened with this? Vitalik may love doge its fine but that was purely speculation and nothing, he wanted to test how much he has power over crypto community and he just wanted to let everyone know he likes doge and watch doge increase. That way if one day he decides to manipulate like a whale he would buy a certain coin a bit and than say he loves that coin than the coin would go up and he would sell to make a profit. That is exactly what happened here as well, doge went up a bit before he said he likes it and than it went up even more, he probably sold it after it went up to make a profit as well, this was probably just testing phase so he didn't make too much but the next time he says he likes a coin check if there was an excess sudden purchase of it beforehand and you will see it.

Buterin should concentrate on his own coin and not tell his opinion on all others. I am pretty disappointed with Ethereum devs, because their coin is now swimming between 200 and 300 dollars, while BTC has made x4 already.