Will Dogecoin survive without Elon Musk? - page 14.

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

2 scenarios that might happen.

1. Elon Musk stopping tweeting regarding Dogecoin. Possible that it might return to its lows of April 2020 at around 6 cents or possible too that it will stay sideways at around 10 cents to 20 cents.
2. Elon Musk will stop tweeting regarding Dogecoin. Its possible that another influential businessman will continue what he has started. There is also a chance that another famous person will continue to tweet Dogecoin. There is also a chance that the community themselves will just continue to support and hold it while there are some who might sell.

Either way, DOGE will not be considered as a shitcoin like others there but its hype is over already. On the other hand though, a tweet of Musk might change everything and there is also a chance that the hype might still be there and we might see DOGE again going to its last ATH Cheesy

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

Ever since Elon Musk started tweeting about Dogecoin, the cryptocurrency has been on a road towards non-stop success. Price per coin rose considerably since the beginning of the year. Those who held DOGE before the pump, already cashed out massive rewards. The momentum will keep going until Elon Musk decides to stop tweeting about Dogecoin. After that, DOGE could either retain its price or go all the way down the drain at a very fast pace. Dogecoin was never meant to be taken seriously, so anything can happen in the future.

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

Survive does basically means that it has some value and wayback that Elon hadnt tweet up about Doge back in the past then it is still really sitting into its price without having any signs of pumps and just like those normal
or casual days on where it is mainly been used on gambling purposes due to cheap price and cheap fees and on the time that Elon had shown up some interest on where he do start on talking about Doge then this is
where things do change, not only Dogecoin had raised up its price but also into those new and old meme coins that existing on the market.It indeed become a trend and on the time that everything had plummets
then its not surprising that the price had really make out some correction which is always been a common situation like this.

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

I think yes, because Dogecoin itself before Elon Musk hype it already survived for a very long time. Maybe without Elon Musk, the hype will be over and dogecoin will be pump and dump coin like usual, maybe price will back before it's hype. But to be dead coin, i think it have really small chance to happen because community and some websites still allow dogecoin deposit.

indah rezqi

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Dogecoin is indeed famous for the figure of Elon Musk and that makes everyone active in the crypto market admit it. I think Dogecoin will continue to run even if one day it is abandoned by Elon Musk. On a closer look, it doesn't look like Elon Musk will be leaving Dogecoin.

imstillthebest

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its been a long time and i havent seen elon tweeting something about dogecoin so i assume that he already left the builiding, he is done with it in short but we can see that dogecoin is still there.
when i open my twitter , it seems that doge hype was not over yet because random guys continue to tweet about doge . the hype was still different without thier master elon

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

Ever since Elon Musk started tweeting about Dogecoin, the cryptocurrency has been on a road towards non-stop success. Price per coin rose considerably since the beginning of the year. Those who held DOGE before the pump, already cashed out massive rewards. The momentum will keep going until Elon Musk decides to stop tweeting about Dogecoin. After that, DOGE could either retain its price or go all the way down the drain at a very fast pace. Dogecoin was never meant to be taken seriously, so anything can happen in the future.

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

There are tons of altcoins in the marrket that are just pump and dump just like DOGE, it was Elon Musk influences that triggers Doge out the numerous altcoins, He weighs a big influence on the emergence of this coin price-wise thus once he announces his departure and moving out his investment in the coin the consequence of his leaving will have a big blow to the survival of Doge in the market, it price will crash and dump massively though it will survive but will become less popular and move down in coinmarketcap rankings, thus any investor of the coin should endeavor to always take profits appropriately because you never tell what is going to happen in next .

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For now it will survive but there will come a time when people will realize just how speculative this crypto is and will leave and not want to hear whatever Elon Musk has to say....

By the way for someone that has an interest in the cryptocurrency its befitting to say those tweets by ELON should be considered to be some form of manipulation and in the long term a coin can't grow to higher heights depending on tweets alone....my overview is it won't survive.

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

I think they can survive even without Elon Musk. But I noticed that Elon becomes a sole influencer for dogecoin. Withouy his shills, sometime the dogecoin doesnt really move up since there is no hype coming from Elon. I dont know if they will really improve dogecoin and put some additional features on it. But knowing Vitalik is on their commitee, maybe there is a chance since we all knew how Vitalik improved eth so much.

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If we're talking about the overhyped price, I don't think it's possible. What I do believe is possible is that Musk will keep pumping it every once in a while to ensure it doesn't fall that much. The price is already two thirds down from the ATH of May 2021, so the fall is already here. But the scope of it is yet to be determined. Dogecoin won't die off completely because it's a #1 meme coin, so there's a community and some hype over it even without Musk, but also because it's very useful to have a coin that cheap, and it's pretty popular for online gambling. So it's not totally useless like many other altcoins are, but I don't think it deserves to be in the top-10 by market capitalization either.

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

Ever since Elon Musk started tweeting about Dogecoin, the cryptocurrency has been on a road towards non-stop success. Price per coin rose considerably since the beginning of the year. Those who held DOGE before the pump, already cashed out massive rewards. The momentum will keep going until Elon Musk decides to stop tweeting about Dogecoin. After that, DOGE could either retain its price or go all the way down the drain at a very fast pace. Dogecoin was never meant to be taken seriously, so anything can happen in the future.

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

This topic is no longer suitable for us to discuss, regarding the price and influence of Dogecoin on the market today, but interestingly Elon Musk has started eyeing other meme coins to work on new projects, this is of course only to repeat his success in Dogecoin at that time. People are wondering, how far is Elon Musk's role and capacity, so that he managed to get Dogecoin in a good position and a high selling price, although many people have tried to do this, but no one has succeeded like Elon Musk.

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

If and when Elon Musk stops tweeting and talking about Dogecoin, the meme coin will prolly dump, but it'll survive, the thing is, for now it is prolly Elon's influence that's pumping the coin and people buying into it wouldn't expect the pump to continue if Elon somewhat withdraws his endorsement, but since the coin has been around even before it caught Elons eyes, it would not go into oblivion if the billionaire loses his interest all of a sudden. But without Elon, dogecoin will definitely struggle in the network until something else drives its price up just like Elons tweets did, but I don't think it would just completely vanish, but it would definitely be affected.

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

Maybe. But it's hard to imagine that the Musk's move won't cause some turbulence.
Dogecoin is a meme coin, so it shouldn't come as a surprise that it is largely based on humour and lighthearted banter. That's not to say that Dogecoin developers doesn't have a good goal in mind, but it's not focused on being a transactional cryptocurrency that will be a competitor to established bitcoin and other digital currencies. It started as a joke, and it'll always be that way.

In fact, the big issue for Dogecoin right now is that there are too many cryptocurrencies trying to be used as money. However, there is a meme on a meme, and people will try to use Dogecoin for everything.

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It'll probably survive as long as the meme stays alive, although it's just difficult to keep up with the price and market cap imo. There will come a time when the Doge meme will once again not be so trendy anymore, and by then the coin will fall together with it.

Is it currently dependent on Musk's tweets and thoughts? Most likely. Would Musk simply ignoring Doge for a long while cause a deep dump? Very likely, because it seems like it's turned into more of a "Musk-a-speculator" than a way to move money quickly around for cheap.

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it lived for a long time without Elon. It will survive without him in future. But it will not pump to the moon in time, it's time is gone already.

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Yes, Dogecoin can survive with or without Elon Musk. We know Dogecoin's journey from before Elon entered the crypto a long time ago, so if Elon left Dogecoin, Dogecoin could still be on the market. Although the price can drop after Elon leaves, Dogecoin can survive and attract other investors to invest in Dogecoin. The Dogecoin price is now too high, so maybe many investors were already leaving Dogecoin for a while and moving to the other project that can give them profit, but they will come back to invest in Dogecoin.

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Quote from: goldkingcoiner on September 17, 2021, 01:25:34 PM

--SNIP--

Also I think Elon just wanted to manipulate the market, make some profit and back out again. Thats how it seems to me.

Well. None of this should be financial advice to anyone and these are just opinions. I don't think Elon needs to make profit from Dogecoin. He is genuinely amused by the attention from the community and the jokes around DOGE. He just chose to engage with it on his twitter. That made a lot of people a lot of profit is just their good luck. Elon likes memes and DOGE had always been about memes (Now its about greed).

Right now, Musk seems to be busy with his real world and far more serious ventures. The lawsuits from Bezos are also keeping him busy and I don't think he'd like the argument from Bezos's lawyers if they quote his mercurial temperament and childish DOGE pumps as a reason to not be solely entrusted with NASA's moon-return program. He can ill-afford to sound like a little child buying up currencies that his current overlords don't approve of.

So although he seems to be genuinely having fun while playing with begging, hopeful and cringe DOGE memers on Twitter; he won't be coming out in the open about it too frequently anymore. This means a slow and steady decline for DOGE as people move onto other projects which have far more going for them.

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Dogecoin has been around for a very long time, even without the support of Elon Musk, dogecoin will continue to circulate in the cryptocurrency market. Elon Musk support on Dogecoin some time ago was only to profit from large purchases made when the price of Doge was still very cheap. The tweet made by Elon Musk was able to push the price of Doge up to the highest level in Dogecoin history. But what happened after, Elon Musk just disappeared like being swallowed by the earth and the price of Doge was back at its lowest point. Although now the price of dogecoin is very difficult to move again, but the existence of Dogecoin will continue to exist in the cryptocurrency market even without the support of an Elon Musk.

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Despite the losing confidence of its investors, I think dogecoin had gotten the interest of new miners in crypto. I have some friends who are already mining dogecoin. I think it will survive since many of Elon's followers are believers in the coin and they are holders too. I have however dumped mined, I figured it will take months and months again before it will be pumped by Elon.

Al Qiyamah

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Although at first it was just a joke, Dogecoin was able to steal the attention of many crypto lovers thanks to Elon Musk's tweets that inflated the price. indeed Elon has a big influence on Dogecoin, but how long will it take? maybe Elon holds Dogecoin in large quantities so the survival of this coin really depends on him. but the evidence is that last May Dogecoin was also able to soar after being listed on Coinbase. I think Doge can survive without Elon Musk.

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Those who don't really bring actual value to users will be eliminated. Musk is a businessman, even a businessman without morals.

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