Is Dogecoin Dead ? - page 7. | Bitcointalksearch.org

livingfree

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Quote from: Maidak on December 19, 2022, 08:50:36 AM

Quote from: livingfree on December 19, 2022, 07:46:38 AM

And for the price of Dogecoin, it's survived a lot of tough times even if there's no Elon and hype.

I agree with this, Doge is hyped for having Elon but even without Elon's backing is very difficult to die. It will probably go back to its original position and go unnoticed but it won't die.

I just want to see that where everyone knows Dogecoin as the typical and king of meme coins.

That's what we need to see so that people will stop associating Dogecoin from Elon or Twitter and the same for other meme coins that has been attached to it.

Without Elon's backing up, Dogecoin will remain to be there but might not be of the same price as the ATH. But still, it can happen since the community is still there.

lobo13hf

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honestly I didn't see relevancy in regard of elon with all these twitter things against the valuation of doge coin, even doge coin itself didn't get integrated in twitter platform so even if twitter went bankrupt this coin will definitely retaining its value, even if its value might go down a little bit, still it's not gonna be as significant as you might think it is, elon is just a shiller for doge coin, this coin will remains having value increase as long as elon keeps shilling for it even in the future.

jaberwock

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Quote from: Yatsan on December 19, 2022, 06:34:02 AM

Twitter has no positive correlation with dogecoin's emergence. It was just Elon musk's influence which contributed with the previous uprise on its price.

To answer whether it is dead or not, unfortunately it could be but it can also still recover. That's the problem with tokens having no utilities;they tend to rely solely with demand. So if there are no demand for it, you won't see its market value reaching ceilings. Unlike with utility tokens wherein , its usage could be a factor to catch the interest of investors towards it giving a stronger support for its market value.

This is true, and today we are seeing how crazy that dude could be, and how there is a big blowback to him. He does polls about many things and always loses for one single reason, the users of his own company doesn't think the way he thinks and that's the issue. He asked about so many things and in the end he literally lost the "should I step down as head of twitter" lol.

So, this was the guy millions invested their money into doge because he suggested it, imagine being as delusional as investing into something just because a weirdo said it. Maybe there are some people who like him for what he did, which is respectable, but do not respect who he is.

Argoo

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Quote from: bittraffic on December 19, 2022, 10:52:47 AM

That's just bummer. But Doge didn't die even before Elon I think Doge will still be around for there are tons of its supporters not going to give up.

Elon stepping down as CEO is just not right as he started the war for free speech on Twitter, I'm suspecting he got scared by the threats of a political party. Or he realized he just realized he can't win in turning twitter into the world's town hall.

We all know that Dogecoin has grown in price thanks to the actions and statements of Elon Musk in relation to this coin that this coin has a good future and it will grow in price. Such coins usually also fall rapidly on their own some time after their rapid growth in value. Especially since Dogecoin does not have any useful features. Apparently, this coin will lose value gradually, unless, of course, something unforeseen arises that speeds up this process.

Xal0lex

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Quote from: Pam beasely on December 19, 2022, 05:15:31 AM

The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

It's a bear market right now, all coins are trading very poorly because there is little liquidity in the market. It doesn't matter if it's DOGE or Bitcoin. Musk stepping down as CEO changes absolutely nothing. If Musk becomes an ordinary Twitter user again, he can just as well publish his tweets, which will raise the price of DOGE, and he does not need to hold any position in the company for that.

Mpamaegbu

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Why didn't you even start with a complete quote so we know the source? On the Dogecoin issue, you should know that Elon didn't become Twitter's CEO at the time he started shilling Dogecoin and so I don't see what will change if he isn't CEO anymore or some weird stuff like that. That Doge is dropping in price cuts across, even Bitcoin itself has its fair share of the dip. I don't think there's anything wrong with Doge ATM and no; it's not dead.

o48o

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Quote from: Pam beasely on December 19, 2022, 05:15:31 AM

Quote

Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.

The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

The fact that even correlates what Musk does, says a lot about fundameltals of doge. I would rather see it going down the drain but it probably never dies.

If i have learned one thing from markets it's this:
Never expect the markets to act rational and never underestimate the buying power of stupid people.
Markets act like en entitled stupid kid that gets easily scared but at the top, like they would have figured it all out and nothing can hurt them.

Hildentine

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According to my experience is that not anyone easily say this time Dogecoin are dead are not but i say simple is that this time Dogecoin very down but the Elon musk support this coin so according the situation of market the Dogecoin are down but its a chance that the Dogecoin Coin again high and they again come to his price .
So this time not sure anyone Dogecoin are dead are not.

Accardo

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Investors lost huge amount of money after investing on Doge coin during the 2021 bull run hoping that it'll hit $1 per coin. Now the market is bearish and the coins with lesser price surfer it more. That doesn't mean dogecoin will die, people still watch the price performance and it has made name amongst other memecoins and many investors don't know its a memecoin due to the hype it got last year. Whenever the market corrects and price starts increasing, investors will choose dogecoin again. I thought Elon will initiate dogecoin as a payment method for twitter blue tick. That would have helped the coin get a use-case.

JunkieMiner

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I think the only relation of dogecoin is with Elon Musk but not most likely with Twitter, so it didn't affect dogecoin even though Elon Musk is the CEO, but the bear market affects most of the coins that were previously performing well and they were told that will pump shortly but not performing well now.

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Quote from: Pam beasely on December 19, 2022, 05:15:31 AM

Quote

Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.

The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

All of this analysis for a meme coin ? I wouldn't be doing that if I were you.
Doge coin is a pump and dump coin in my perspective which has no real usecase but a large fanbase.
It has high volatility due to the large fanbase which buys it and then sells it as per Elons comments.
No wonder its dumping hard.

bittraffic

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That's just bummer. But Doge didn't die even before Elon I think Doge will still be around for there are tons of its supporters not going to give up.

Elon stepping down as CEO is just not right as he started the war for free speech on Twitter, I'm suspecting he got scared by the threats of a political party. Or he realized he just realized he can't win in turning twitter into the world's town hall.

asriloni

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It's not dead yet but i guess if elon will be signing out as CEO of twitter and then it will erase all of dreams by doge coin supporters to see doge coin to be adopted as a tipping jar in the twitter.

The speculators may not try to speculate even more about the future of doge coin and that will be making people try to moving their money again to the another token in the market.

It's not twitter's power but elon's power that was greatly affecting the price of doge coin right now.

solehdavid

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Dogecoin is not dead and is actively traded on many leading exchanges such as Coinbase, Binance, etc. It has also become the most popular cryptocurrency on social media, surpassing Litecoin and Shiba Inu. so I don't see a problem for dogecaoin yet.

seoincorporation

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Quote from: Pam beasely on December 19, 2022, 05:15:31 AM

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.

If Elon steps down as Twitter CEO why would that affect the dogecoin market? I don't see a relationship between dogecoin and Twitter, I mean we can't use the coin in the platform so why would it affect it?

Maybe Elon is a dogecoin holder, but he hasn't mentioned anything about selling his coins, so, if we see now dogecoin going down, that's because all the coins are going down now, and that is not Elon's fault. That's just how the markets are right now.

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Quote from: cryptoaddictchie on December 19, 2022, 09:58:50 AM

Quote from: fzkto on December 19, 2022, 09:20:46 AM

I think you can say any coin is dead now, not just doge. Exactly the same was true before the previous pump in 2020 when all crypto was at the bottom. No one could have imagined then that doge would make such a huge rise. Now that everything is down again, many say this or that coin is dead. But that will all change when the bulls come in.

Actually I could agree with that. Almost all coins and tokens are down heavily and this kind of market is definitely in a danger zone for panic sellers. They will realize that today is the time of accumulation and those who already gained their shares are probably buying a lot of stock now for the bull explosion.

We never really know really the status of the coin or token in the bear market we only know it when the market started its bull run my portfolio is down 60% but I cannot blame any token or coin in my portfolio because of the bear market, to say that Dogecoin is dead when the market is in a bear market and almost all coins are going down is like looking blindly in the market condition, and Dogecoin has nothing to do with Twitter for all we know Elon Musk is just taking us for a ride.

cryptoaddictchie

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Quote from: fzkto on December 19, 2022, 09:20:46 AM

I think you can say any coin is dead now, not just doge. Exactly the same was true before the previous pump in 2020 when all crypto was at the bottom. No one could have imagined then that doge would make such a huge rise. Now that everything is down again, many say this or that coin is dead. But that will all change when the bulls come in.

Actually I could agree with that. Almost all coins and tokens are down heavily and this kind of market is definitely in a danger zone for panic sellers. They will realize that today is the time of accumulation and those who already gained their shares are probably buying a lot of stock now for the bull explosion.

fzkto

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I think you can say any coin is dead now, not just doge. Exactly the same was true before the previous pump in 2020 when all crypto was at the bottom. No one could have imagined then that doge would make such a huge rise. Now that everything is down again, many say this or that coin is dead. But that will all change when the bulls come in.

Baofeng

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Quote from: Pam beasely on December 19, 2022, 05:15:31 AM

Quote

Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.

The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

It's already dead for several years that's why it become a meme coin. However, when Elon suddenly started to promote Doge, people thought that it was a good coin to buy and hold. But if you look at he richest wallet of Dogecoin, only a few of them owns it actually.

And now that the hype of Doge is gone and Elon somewhat not promoting it and because we are in a bear market, the price simply goes down.

We will see what's the movement next bull run though. If Elon will suddenly revived it again or not.

Maidak

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It's more likely that Elon will leave the CEO position of Twitter, but that doesn't mean it doesn't belong to him, just that he appoints someone else, and Elon is the one who influences Doge, not Twitter. As long as he continues to support it, the doge won't die.

Quote from: livingfree on December 19, 2022, 07:46:38 AM

And for the price of Dogecoin, it's survived a lot of tough times even if there's no Elon and hype.

I agree with this, Doge is hyped for having Elon but even without Elon's backing is very difficult to die. It will probably go back to its original position and go unnoticed but it won't die.

Topic: Is Dogecoin Dead ? - page 7. (Read 1139 times)