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Topic: John McAfee Believes Dogecoin “Will Go To The Moon” (Read 10028 times)

legendary
Activity: 3192
Merit: 1362
www.Crypto.Games: Multiple coins, multiple games
The answer is simple.... Popularity.
Dogecoin is owned by some anonymous people and I am thinking that it it popular anonymous people because whenever it wants to fade into the background, someone would just start hyping it again and it would be ressurected, it doesn't matter if they have made any developement strides in recent times, all that matters is that they have a very strong community support and CZ said exactly that when doge was listed in Binance.

Exactly. What matters is community support above all else. Dogecoin may have been abandoned in development and innovation, but it has strong community support (unlike some cryptocurrencies today). It's no wonder why it has the most trading pairs on crypto exchanges, becoming one of the most popular cryptocurrencies in the world today. Many famous people in the mainstream world (like John McAfee and even Elon Musk) have talked positively about Dogecoin because of its strong community support. Not to mention, Dogecoin is extremely inexpensive and quick for micropayments than most well-known cryptocurrencies such as Bitcoin and Ethereum. As long as Dogecoin is able to maintain itself as a quick and inexpensive cryptocurrency for micropayments, it'll never die.

I believe that McAfee expressed his positive comments about Dogecoin going to the moon, in terms of user adoption and not price per coin. We all know that with DOGE's current supply, it's nearly impossible for the cryptocurrency to ever reach a new ATH across the market. It's fine as an inexpensive cryptocurrency that provides real use cases for the mainstream world. Of course, there are other altcoins which are faster (and sometimes even cheaper) than Dogecoin itself. But these other altcoins are not as popular as Dogecoin is. What once started as a "joke" turned out to become a serious cryptocurrency for mainstream use. All in all, Dogecoin has truly found a place as a cryptocurrency that's useful for the whole world because the way it was designed. Just my thoughts Grin
legendary
Activity: 1323
Merit: 1000
When the largest bull run in cryptocurrency history comes, all coins will go to the moon. However, if such a bull run does not come, then Mr. McAfee will have a big problem, because he promised to eat his d1ck if the price of Bitcoin does not reach $1M by the end of the year. I can't believe this will happen, so Dogecoin won't go to the moon either.
member
Activity: 1260
Merit: 21
The price of doge is increasing gradually not because McAfee said so but because this coin has strive for a long time now to be recognized with a solid team behind it who are very willing and persistent to give the project their all, people should pay less attention to what McAfee said and pay more attention to the project that deserves it,
Any project who pays McAfee to shill for them lack self confidence and don't deserve to be in this space.
sr. member
Activity: 854
Merit: 253
l0tt0.com
Well!!

We all are aware that Elon Musk has publicly stated that Dogecoin is one of his favorite cryptocurrencies. At present Dogecoin found a new fan,
John McAfee, the most popular public figures in the crypto industry. John has agreed that Dogecoin is cryptocurrency gearing up for a big price rally.

What's your take on this, will dogecoin price surge up?
is not. I have never believed in the judgment of experts or the rich. because I know that this financial market has a lot of traps. Sharks often create shocking news and increase their followers. after that, they continually make statements without any evidence, just like you say. I need to see evidence rather than words, so often I'll do the opposite of what those celebrities say. I have survived until now and even more profitable.
jr. member
Activity: 1876
Merit: 5
Personally, I think Dogecoin has always been a very interesting coin. And if people like John McAfee who are not the last people in the crypto industry believe that soon the time will come for big changes, then this coin will become very popular and rise in price.
full member
Activity: 952
Merit: 110
Im still surprised that dogecoin is doing so well since last bull run of 2017, many called the coin a shit project because of how valueless it was years ago, it's even doing fine in this bear market so i can't say McAfee is bluffing
legendary
Activity: 2478
Merit: 1018
Personally, I am not interested John McAfee's opinion about any cryptocurrencies, he has a bad reputation because of promoting different useless projects, so I think he just want to get some hype by saying such coin as Dogecoin will "Go to the Moon".

Because the altcoins he supported before had messed up I guess. This doge however is different, it had long been working as is before he shill for it. DOGE is pure coin with its own blockchain, fast and can be traded in different exchanges. I don't know why someone wouldn't like a cute dog.  This is to be honest is the safest coin you could go and its pumping right now.
member
Activity: 1078
Merit: 10
Personally, I am not interested John McAfee's opinion about any cryptocurrencies, he has a bad reputation because of promoting different useless projects, so I think he just want to get some hype by saying such coin as Dogecoin will "Go to the Moon".
legendary
Activity: 2688
Merit: 1208
Once a man, twice a child!
Until McAfee is able to steady and stabilize his decentralized exchange - McAfeedex, I don't think many in the crypto community will want to take him seriously for his word. I know he is renowned as an Anti-Virus guru in the software business but cryptocurrency is a different ball game. Dogecoin is just a lousy project, BTW.
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
My question is: how can a shitty coin with no real use and purpose get so many traction? Speculation is a strange fact in crypto
The answer is simple.... Popularity.
Dogecoin is owned by some anonymous people and I am thinking that it it popular anonymous people because whenever it wants to fade into the background, someone would just start hyping it again and it would be ressurected, it doesn't matter if they have made any developement strides in recent times, all that matters is that they have a very strong community support and CZ said exactly that when doge was listed in Binance.
member
Activity: 131
Merit: 24
github.com/AricoinCurrency
Honestly i haven't heard elon musk declared any interest in crypto currency because im never seen him invest in any altcoins could you provide source to this. In my opinion there's nothing new to John McAfee's prediction and mostly he gets it wrong, yes dogecoin could moon but it could also die in any moment due to the lack of investors and the lack of price movement, but on the other hand if a real expert trader says it could moon than i'll take that seriously.

This is the closest Elon has ever come to Bitcoin, while he enjoys trolling everyone regularly on Twitter about it.

https://twitter.com/elonmusk/status/935329447594541056


We can help him out with some Aricoin   Smiley
https://aricoinpay.com/100/https://twitter.com/elonmusk/status/935329447594541056
sr. member
Activity: 1400
Merit: 269
Honestly i haven't heard elon musk declared any interest in crypto currency because im never seen him invest in any altcoins could you provide source to this. In my opinion there's nothing new to John McAfee's prediction and mostly he gets it wrong, yes dogecoin could moon but it could also die in any moment due to the lack of investors and the lack of price movement, but on the other hand if a real expert trader says it could moon than i'll take that seriously.
legendary
Activity: 3192
Merit: 1362
www.Crypto.Games: Multiple coins, multiple games
Seriously? You believe that this joker is still trustworthy? Have you ever heard about ICOs such as Transcodium, Latium, Finacoin, Eristica and Nimbus? The chances are low, because most of these projects are dead. The common link for them is that McAfee promoted these projects (after charging $105,000 for a single tweet from his official twitter handle). And then there is the Mcafeecoin, which is his own ICO. You may not find many of these projects in coinmarketcap, because they don't even qualify for the listing there.

I doubt serious crypto enthusiasts will believe a word McAfee says after promoting/shilling a few scam projects in the crypto space. Anyone can speculate, but what really determines a cryptocurrency's value is its use cases within the mainstream world. I believe that Mr. McAfee is wrong again by making wild speculations about the future of Dogecoin. This is a cryptocurrency which is not meant for long term investments, but rather as a short term investment for performing quick trades and sending micropayments at a fraction of the cost. What prevents Dogecoin from ever reaching new All-time-highs is its total supply (aside from today's bear market). The highest recorded ATH of DOGE was $0.01 per coin. I doubt that it'll go to the moon in terms of price, because of the way it was designed. Unless a new development team comes up with the aim of "reviving" the cryptocurrency project, Dogecoin will remain as a "second-class" cryptocurrency for years to come.

But who knows? Anything can happen in crypto land. I've seen several cryptocurrencies being worth nothing to hundreds of dollars in a matter of months. While the chances of this happening with Dogecoin are very slim, we cannot discard the possibility that DOGE could turn out to become valuable sometime in the future. A new development team might become interested in reducing the cryptocurrency's total supply. Time will tell us what will be the outcome of Dogecoin's adoption worldwide as people discover its true benefits. Just my opinion Smiley
hero member
Activity: 2268
Merit: 507
I would laugh my balls off if Dogecoin became the defacto stable coin used for getting in and out of other coins. What a complete FU to the world that would be.
hahaha, same. His words will make DOGE more popular

Well.. if a coin such as DOGE becomes a stablecoin, then that can mean only one thing - something is seriously wrong with the current state of cryptocurrency market. How can a coin that was created just for joke become a stablecoin, with more than $100 million in market cap? And this is happening when a number of really good coins are going down in the market.
certainly not be interesting if the doge becomes a stable coin, of course it will be more difficult to find profits from market fluctuations. I think with the reputation of a doge with low costs in transactions, it can attract people to use their products, so they are interested in investing, to develop this project.


that will never happen and you should not worry about that. Doge will always still remain the same as doge coin that offers very cheap fees as the main feature. People are only using doge right now for the transaction purpose only and no more. With the inflation of doge and it's impossible for them to consider doge as an investment.
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
John McAfee is right in the world of many senior  crypto , but that is not to say that all his predictions will be correct. I don't think Altar Coins will go into good position this month. Alter coins will take a lot of time to get into good positions.

Seriously? You believe that this joker is still trustworthy? Have you ever heard about ICOs such as Transcodium, Latium, Finacoin, Eristica and Nimbus? The chances are low, because most of these projects are dead. The common link for them is that McAfee promoted these projects (after charging $105,000 for a single tweet from his official twitter handle). And then there is the Mcafeecoin, which is his own ICO. You may not find many of these projects in coinmarketcap, because they don't even qualify for the listing there.
full member
Activity: 812
Merit: 100
www.cd3d.app
I would laugh my balls off if Dogecoin became the defacto stable coin used for getting in and out of other coins. What a complete FU to the world that would be.
hahaha, same. His words will make DOGE more popular

Well.. if a coin such as DOGE becomes a stablecoin, then that can mean only one thing - something is seriously wrong with the current state of cryptocurrency market. How can a coin that was created just for joke become a stablecoin, with more than $100 million in market cap? And this is happening when a number of really good coins are going down in the market.
certainly not be interesting if the doge becomes a stable coin, of course it will be more difficult to find profits from market fluctuations. I think with the reputation of a doge with low costs in transactions, it can attract people to use their products, so they are interested in investing, to develop this project.

legendary
Activity: 3192
Merit: 1362
www.Crypto.Games: Multiple coins, multiple games
Have you read anything about Doge..? If you had done some research on it then you would know that it will never be a mainstream coin. In the world of crypto "purpose" is an important thing to have in order to grow. Doge was created to show the world that anything can get pumped in this market.

Dogecoin was created as a joke cryptocurrency without any use cases for the mainstream world. But it turns out, people have found a use for Dogecoin over time. What once started as a joke, ended as a serious cryptocurrency used for micropayments all over the world at the fraction of a cost. With no scalability improvements whatsoever, Dogecoin has been able to stay relevant next to Bitcoin and other prominent cryptocurrencies within the mainstream world. I guess McAfee has found Dogecoin to be a "hidden gem" because of its superior capabilities than Bitcoin (which are lower fees, and faster transactions). It's also extremely inexpensive, becoming much easier for anyone to get started using crypto via Dogecoin itself. At times, Dogecoin's price is "pumped" by a small margin. So far, Dogecoin has been unable to get past $0.01 per coin. I doubt that it'll go to the moon anytime soon because of its limitless supply.

Nonetheless, McAfee is known to talk positively about most cryptocurrencies trading on the market today. Considering that no one takes him seriously, his positive comments about Dogecoin might not have an effect over its long-term price whatsoever. But if somehow McAfee's prediction comes true, many Dogecoin holders will become extremely wealthy in an instant. Just my thoughts Grin
sr. member
Activity: 1974
Merit: 453
I would laugh my balls off if Dogecoin became the defacto stable coin used for getting in and out of other coins. What a complete FU to the world that would be.
hahaha, same. His words will make DOGE more popular

Well.. if a coin such as DOGE becomes a stablecoin, then that can mean only one thing - something is seriously wrong with the current state of cryptocurrency market. How can a coin that was created just for joke become a stablecoin, with more than $100 million in market cap? And this is happening when a number of really good coins are going down in the market.
copper member
Activity: 1120
Merit: 2
Well!!

We all are aware that Elon Musk has publicly stated that Dogecoin is one of his favorite cryptocurrencies. At present Dogecoin found a new fan,
John McAfee, the most popular public figures in the crypto industry. John has agreed that Dogecoin is cryptocurrency gearing up for a big price rally.

What's your take on this, will dogecoin price surge up?
John McAfee is right in the world of many senior  crypto , but that is not to say that all his predictions will be correct. I don't think Altar Coins will go into good position this month. Alter coins will take a lot of time to get into good positions.
jr. member
Activity: 30
Merit: 1
I would laugh my balls off if Dogecoin became the defacto stable coin used for getting in and out of other coins. What a complete FU to the world that would be.


hahaha, same. His words will make DOGE more popular
I also saved some dogecoin, but what I see here, is McAfee really honest about his response? Or just advertising? We do not know what is happening behind the scenes. Such as not a setting as well, this is one alternative also to invest right? Maybe some underestimate dogecoin in cryptocurrency, but for another option I don't think it hurts

imo he might be serious and advertising at the same time, or just laughing but it could turn out that will happen
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