They have the team and good idea but they choose the wrong name

sayaya17

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Quote from: South Park on September 22, 2022, 03:04:32 PM

Quote from: budi691 on September 16, 2022, 03:31:54 AM

Doge Chain is a good name because Doge is well known and popular among many crypto users, but sadly, Doge name has been tagged negatively so it does nothing and has no market interaction, this Dogechain is like many other projects I have come across before. If Dogechain doesn't make a strong fomo, it will be eliminated soon

No, it is not a good name no matter how you look at it, they are trying to confuse their potential investors by making them believe that with a name like that they have some relation to the dogecoin project, something we know it is not the truth, this is deceiving and dishonest and that should be more than enough to tell you the kind of people which are the developers behind this project, and as such anyone that is thinking about investing in this kind of coin must stay away from it.

I also think the Dogechain development team chose a bad name, they want to make investors think that Dogechain has ties to Dogecoin,
such promotions are misleading in my opinion. And I became doubtful about the future of Dogechain, if they choose a name just because they want
to take advantage of Dogecoin which already has a big name in the crypto world. If that's the case I'm sure Dogechain won't last long, they should
give their project a more original name. By doing so, Dogechain has received negative views from some investors, especially investors who have been
in the crypto world for a long time, will see the Dogechain team do something uncreative and dishonest. That will only make Dogechain not last long
in the crypto world, if from the start they did something dishonest and confused some investors.

Russlenat

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Quote from: Rengga Jati on September 08, 2022, 06:29:17 PM

Quote from: Outhue on August 31, 2022, 02:07:45 AM

I want to talk about Doge chain project, I can see how this project is progressing with different ideas and dreams from the founder and team, they list on top exchanges like Kucoin and MXC but they made a big mistake using the name Doge. .. They never had anything to do with Doge coin and they contacted the Co founder of Doge coin, trying to make him take their side with 14million dollars gift, this is a very wrong move

Well, whether this is intentional or not, so far several projects have taken the name of the meme coin. One of its functions is to follow in the footsteps of the hype and the use of the name is certainly easier for people to remember and know, right?
The consequences of taking this name are less clear, because so far there have been several cases with similar names, right?

And besides, was the team really that good and created a really promising project? I'm afraid if a project promises something really good, then that's the beginning of the project to fail.

I don’t see any significance with the dogecoin team developers as it’s very clear that they only exist for easy money and quick profits. Maybe the reason why they don’t have enough time to focus on their long term goals. So as expected, it still ends in failure like a worthless project. So if any new coin still follow a name of a worthless project, might as well most of the people won’t trust it anymore.

Johnyz

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Quote from: budi691 on September 16, 2022, 03:31:54 AM

Doge Chain is a good name because Doge is well known and popular among many crypto users, but sadly, Doge name has been tagged negatively so it does nothing and has no market interaction, this Dogechain is like many other projects I have come across before. If Dogechain doesn't make a strong fomo, it will be eliminated soon

There’s no need to copy the name if you are not related to the original project at all, clearly they want the attention and do this on purpose it’s just that people are tired for this meme token and with DOGE they won’t have a good for that future hype. Having FOMO with your project is not good and risky at all, I won’t suggest any of this.

Finestream

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Quote from: Kelvinid on September 01, 2022, 06:09:47 PM

They just think OP will help them to gain attention and fall their trust in another meme coin. But douted not, might this be a reason why people will ignore them and even think this is a pure scam attempt. Because if I have a reason to make my project succeed, I don't make use of the name of the project that has already been in a red tag. As to observe that people are getting wise and can easily speculate on the project even though it was not meant for that. And I did already...assuming that was another worthless project.

Definitely, having to follow one’s name that have never proven its sustainable worth in the market is always a mistake since people are now very mindful about the history of the coin’s name. Dogecoin may have a good start with Elon Musk but its end is still a failure. So probably, people will always anticipate that if they also invest in a coin like dogecoin, there will always be chances that it’s future will not be different from dogecoin.

South Park

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Quote from: budi691 on September 16, 2022, 03:31:54 AM

Doge Chain is a good name because Doge is well known and popular among many crypto users, but sadly, Doge name has been tagged negatively so it does nothing and has no market interaction, this Dogechain is like many other projects I have come across before. If Dogechain doesn't make a strong fomo, it will be eliminated soon

No, it is not a good name no matter how you look at it, they are trying to confuse their potential investors by making them believe that with a name like that they have some relation to the dogecoin project, something we know it is not the truth, this is deceiving and dishonest and that should be more than enough to tell you the kind of people which are the developers behind this project, and as such anyone that is thinking about investing in this kind of coin must stay away from it.

budi691

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Doge Chain is a good name because Doge is well known and popular among many crypto users, but sadly, Doge name has been tagged negatively so it does nothing and has no market interaction, this Dogechain is like many other projects I have come across before. If Dogechain doesn't make a strong fomo, it will be eliminated soon

serjent05

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Quote from: Rengga Jati on September 08, 2022, 06:29:17 PM

Quote from: Outhue on August 31, 2022, 02:07:45 AM

I want to talk about Doge chain project, I can see how this project is progressing with different ideas and dreams from the founder and team, they list on top exchanges like Kucoin and MXC but they made a big mistake using the name Doge. .. They never had anything to do with Doge coin and they contacted the Co founder of Doge coin, trying to make him take their side with 14million dollars gift, this is a very wrong move

Well, whether this is intentional or not, so far several projects have taken the name of the meme coin. One of its functions is to follow in the footsteps of the hype and the use of the name is certainly easier for people to remember and know, right?
The consequences of taking this name are less clear, because so far there have been several cases with similar names, right?

If you happen to read one of nutildah's post on one of the thread about Dogechain, the owner of this project had been multiple times reminded not to use Doge on its name but the owner decided to put the name with an intention of confusing investors and traders, trapping them to believe that this project has something to do with Dogecoin which is not. They even talk to the Dogecoin team but they were discouraged to use the name Dogechain.

https://bitcointalksearch.org/topic/m.60818470

abel1337

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Quote from: South Park on September 15, 2022, 02:26:31 PM

Quote from: Rufsilf on September 08, 2022, 05:53:15 PM

Quote from: South Park on September 08, 2022, 03:57:39 PM

Quote from: serjent05 on September 01, 2022, 05:49:17 PM

Quote from: Outhue on August 31, 2022, 02:07:45 AM

-snip

This is a very common maneuver which is done by some malicious developers to try to create some sort of connection between a project that is popular and their own, and unfortunately this is something that happens to a lot of projects, this happened to bitcoin and I remember there was even a coin which had bitcoin in its name and yet it ran above the ethereum network, so whenever you see that the developers of a project take a decision like that you must stay away from that project.

And in the end, they all just fail. And all projects carrying the name Doge will never win the trust of the investors, they will probably just be ignored. But I'm sure that the developers and the team are already aware of the situation, however, they never take action and still keep that name. Well, maybe they really don't have the intention to make this project succeed but probably to scam us.
Not really a wise choice of the name but unfortunately, they use to have this and that is what they've got - full of criticism.

It is obvious that by choosing that kind of name they never had any intention of achieving long term success, and this is what many newbies simply do not understand no matter how many times we try to tell them the truth, however there is also a sector of people that do not really care about this either because they are not thinking about investing those coins for the long term and instead they are just interested in speculating with them, and for them as long as they get profits they could care less about anything else.

You have a point, There are a motive that they don't intend to last long. Creating a own brand is one of the biggest dreams of a CEO and collaborating with the projects with hype is justifiable but straight up copying the name and offering the Co-founder of the branding they are copying is just crazy. Those sector you are pertaining is I think the degens, Those who are diving up on a project that has a high risk of being a scam as long as there are profits.

South Park

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Quote from: Rufsilf on September 08, 2022, 05:53:15 PM

Quote from: South Park on September 08, 2022, 03:57:39 PM

Quote from: serjent05 on September 01, 2022, 05:49:17 PM

Quote from: Outhue on August 31, 2022, 02:07:45 AM

Doge chain chooses the wrong name

I think they choose the same name to confuse investors into making them think that they have something to do with or are connected to Dogecoin. The reason for the DogeChain developer approaching dogecoin offering a gift. The choice of the name is maliciously done by the developer because of a known reason. They can always rebrand but the impression will always be there.

This is a very common maneuver which is done by some malicious developers to try to create some sort of connection between a project that is popular and their own, and unfortunately this is something that happens to a lot of projects, this happened to bitcoin and I remember there was even a coin which had bitcoin in its name and yet it ran above the ethereum network, so whenever you see that the developers of a project take a decision like that you must stay away from that project.

And in the end, they all just fail. And all projects carrying the name Doge will never win the trust of the investors, they will probably just be ignored. But I'm sure that the developers and the team are already aware of the situation, however, they never take action and still keep that name. Well, maybe they really don't have the intention to make this project succeed but probably to scam us.
Not really a wise choice of the name but unfortunately, they use to have this and that is what they've got - full of criticism.

It is obvious that by choosing that kind of name they never had any intention of achieving long term success, and this is what many newbies simply do not understand no matter how many times we try to tell them the truth, however there is also a sector of people that do not really care about this either because they are not thinking about investing those coins for the long term and instead they are just interested in speculating with them, and for them as long as they get profits they could care less about anything else.

harizen

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Regardless of the name, once these coins were actually made a good trading volume and established a hype, there's money flowing on that. It's not that traders want that coin as in favorite, but since it seems to be worth playing there, they will consider listing that coin on their respective portfolios.

I prefer to also test the waters there but not because I like that specific coin.

Rengga Jati

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Quote from: Outhue on August 31, 2022, 02:07:45 AM

I want to talk about Doge chain project, I can see how this project is progressing with different ideas and dreams from the founder and team, they list on top exchanges like Kucoin and MXC but they made a big mistake using the name Doge. .. They never had anything to do with Doge coin and they contacted the Co founder of Doge coin, trying to make him take their side with 14million dollars gift, this is a very wrong move

Well, whether this is intentional or not, so far several projects have taken the name of the meme coin. One of its functions is to follow in the footsteps of the hype and the use of the name is certainly easier for people to remember and know, right?
The consequences of taking this name are less clear, because so far there have been several cases with similar names, right?

And besides, was the team really that good and created a really promising project? I'm afraid if a project promises something really good, then that's the beginning of the project to fail.

samcrypto

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Quote from: Rufsilf on September 08, 2022, 05:53:15 PM

And in the end, they all just fail. And all projects carrying the name Doge will never win the trust of the investors, they will probably just be ignored. But I'm sure that the developers and the team are already aware of the situation, however, they never take action and still keep that name. Well, maybe they really don't have the intention to make this project succeed but probably to scam us.
Not really a wise choice of the name but unfortunately, they use to have this and that is what they've got - full of criticism.

This is not a new way of scamming people, they use the same name to attract the same investor but its good that we are wise now when it comes to investing and this kind of project will not enjoy any success here because we are all aware about their plans. The hype may trigger a scam developer to ride in, but if you do your own analysis before investing I can say that those scammers will not succeed at all, eventually this will become a failed project, using doge name on a project that is not totally related to doge is already a failed project.

Rufsilf

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Quote from: South Park on September 08, 2022, 03:57:39 PM

Quote from: serjent05 on September 01, 2022, 05:49:17 PM

Quote from: Outhue on August 31, 2022, 02:07:45 AM

Doge chain chooses the wrong name

I think they choose the same name to confuse investors into making them think that they have something to do with or are connected to Dogecoin. The reason for the DogeChain developer approaching dogecoin offering a gift. The choice of the name is maliciously done by the developer because of a known reason. They can always rebrand but the impression will always be there.

This is a very common maneuver which is done by some malicious developers to try to create some sort of connection between a project that is popular and their own, and unfortunately this is something that happens to a lot of projects, this happened to bitcoin and I remember there was even a coin which had bitcoin in its name and yet it ran above the ethereum network, so whenever you see that the developers of a project take a decision like that you must stay away from that project.

And in the end, they all just fail. And all projects carrying the name Doge will never win the trust of the investors, they will probably just be ignored. But I'm sure that the developers and the team are already aware of the situation, however, they never take action and still keep that name. Well, maybe they really don't have the intention to make this project succeed but probably to scam us.
Not really a wise choice of the name but unfortunately, they use to have this and that is what they've got - full of criticism.

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Quote from: serjent05 on September 01, 2022, 05:49:17 PM

Quote from: Outhue on August 31, 2022, 02:07:45 AM

Doge chain chooses the wrong name

I think they choose the same name to confuse investors into making them think that they have something to do with or are connected to Dogecoin. The reason for the DogeChain developer approaching dogecoin offering a gift. The choice of the name is maliciously done by the developer because of a known reason. They can always rebrand but the impression will always be there.

Even though it was founded like a joke, I don't think they have the option to neglect that offer because some persons may still see the dogechain like dogecoin itself.
Everything is left to the developers and team that founded that name even though everything still looks like a joke.
The doge coin is doing well in the market coupled with the support of the richest man in the world and soon the price might become massive going to up to a dollar by the time the next bull market comes.

South Park

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Quote from: serjent05 on September 01, 2022, 05:49:17 PM

Quote from: Outhue on August 31, 2022, 02:07:45 AM

Doge chain chooses the wrong name

I think they choose the same name to confuse investors into making them think that they have something to do with or are connected to Dogecoin. The reason for the DogeChain developer approaching dogecoin offering a gift. The choice of the name is maliciously done by the developer because of a known reason. They can always rebrand but the impression will always be there.

This is a very common maneuver which is done by some malicious developers to try to create some sort of connection between a project that is popular and their own, and unfortunately this is something that happens to a lot of projects, this happened to bitcoin and I remember there was even a coin which had bitcoin in its name and yet it ran above the ethereum network, so whenever you see that the developers of a project take a decision like that you must stay away from that project.

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Quote from: Outhue on August 31, 2022, 02:07:45 AM

I want to talk about Doge chain project, I can see how this project is progressing with different ideas and dreams from the founder and team, they list on top exchanges like Kucoin and MXC but they made a big mistake using the name Doge. .. They never had anything to do with Doge coin and they contacted the Co founder of Doge coin, trying to make him take their side with 14million dollars gift, this is a very wrong move

If the team knew that Doge coin must take a part in Doge chain they should have meet the team of Doge coin before building Doge chain.

And if the answer is still No they should have come up with their own different Brand name that has nothing to do with Doge coin

Doge chain chooses the wrong name

So far checking on Coinmarketcap they are doing good https://coinmarketcap.com/currencies/dogechain/ but the biggest question is for how long, they are created for Dogecoin users they cannot change direction now, it could go the other way, they could be successful or become a big failure it still depends on how the market accepts concept like this, developers if they are good and they have a vision should do their own concept and if they want collaboration then you are right talk to the other developers first, don't assume that they are going to support you.

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They just think OP will help them to gain attention and fall their trust in another meme coin. But douted not, might this be a reason why people will ignore them and even think this is a pure scam attempt. Because if I have a reason to make my project succeed, I don't make use of the name of the project that has already been in a red tag. As to observe that people are getting wise and can easily speculate on the project even though it was not meant for that. And I did already...assuming that was another worthless project.

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Quote from: Outhue on August 31, 2022, 02:07:45 AM

Doge chain chooses the wrong name

I think they choose the same name to confuse investors into making them think that they have something to do with or are connected to Dogecoin. The reason for the DogeChain developer approaching dogecoin offering a gift. The choice of the name is maliciously done by the developer because of a known reason. They can always rebrand but the impression will always be there.

ije07

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Actually they have a pretty good project and get a pretty good place in the market too and as you quoted whether their name if it is not related to Doge will still have a large trading volume because by matching the name with Doge it can be their strategy so that many people who thought the coin was part of them so many investors came in to get the coin.

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Quote from: zasad@ on August 31, 2022, 09:23:08 AM

There are a lot of projects in the cryptocurrency ecosystem that start with Doge.. So far, this is a well-publicized scam. Many cryptocurrency users know or have heard about Doge, so this is not a coincidence or mistake. The team does not have money to promote the project and they decided to use the name of a well-known coin.

Many project developer did this before already, and all of them are gone now because they are not really meant to stay in the market and just want to take advantage of the hype of meme token before. If you are just doing your own analysis, you can tell that this project is quiet a copy paste of many and this is not good at all. Be careful on dealing with the meme token that uses the name of the top meme token, they are just riding with the hype.

Topic: They have the team and good idea but they choose the wrong name (Read 281 times)