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Topic: Will Dogecoin survive without Elon Musk? - page 3. (Read 1622 times)

member
Activity: 658
Merit: 10
October 15, 2021, 12:01:26 PM
in my honest opinion, i really think that Dogecoin cannot survive without Elon Musk, why?
because it's all because of Elon Musk effect that Dogecoin can hold out and survive until now, i don't think that dogecoin can maintain its existence if Elon Musk really stop supporting it.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
October 15, 2021, 09:18:18 AM
I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.

Currently the price of DogeCoin is really stable and it isnt going either up or down.While other coin go up and down.Without Elon Musk its hard to predict that Doge can go into a pump spree again.Mostly newbies invested into this coin and probobly their patience will run out soon
I agree and this is very true! Any investor will tell you high volatile markets pose a huge risk on investments and during the times of Elon Musk constant tweeting and posting his opinions on the dogecoins project it was really difficulty to know whether doge will be bullish or bearish which meant price stability was never there. But today without much of his involvement the price of the meme coin is super stable and this is what I would look for in a coin.
hero member
Activity: 952
Merit: 503
October 15, 2021, 08:48:31 AM
Most likely Dogecoin without Elon Musk wouldn't be as good as it is now anymore. Elon Musk may indeed be one of the biggest factors Dogecoin can be like now.
I even laughed reading your statement, do you know that Dogecoin has been around since 2013 and Elon Musk at that time did not know Dogecoin well and no one knew where Elon Musk was at that time, but why Dogecoin is still alive today although in the past the price was very cheap? that means the robustness of Dogecoin is not in the hands of Elon Musk because he is not a god who can save other lives. Cheesy Cheesy
legendary
Activity: 3794
Merit: 1030
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October 15, 2021, 08:24:38 AM
I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.

Currently the price of DogeCoin is really stable and it isnt going either up or down.While other coin go up and down.Without Elon Musk its hard to predict that Doge can go into a pump spree again.Mostly newbies invested into this coin and probobly their patience will run out soon
legendary
Activity: 3094
Merit: 1127
October 14, 2021, 04:21:49 PM
I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.

It was barely alive if you think elon isn't a huge factor here you are kidding yourself.  What else does doge have or do that every other coin can't?  Aren't they still trying to implement segwit which was like a 2016 thing lol.  No one is working on doge and it's reliant on all bitcoin upgrades for them to keep.up.  it's a joke clone coin that's it, period.
And it was hyped by someone which is a billionaire and as this market is really highly reactive to hypes and news then its no surprising that it did really make out some significant rise up on prices.
This is why you should really be careful on making out decisions because this would really cost you money whenever you do caught yourself in the middle of the dump which would really
end up for you to hold for long term until you do make cut losses. Every coin does have particular risk and its usage and its true that this was just a clone meme coin in the first place.
legendary
Activity: 3780
Merit: 1418
October 14, 2021, 03:47:05 PM
I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.

It was barely alive if you think elon isn't a huge factor here you are kidding yourself.  What else does doge have or do that every other coin can't?  Aren't they still trying to implement segwit which was like a 2016 thing lol.  No one is working on doge and it's reliant on all bitcoin upgrades for them to keep.up.  it's a joke clone coin that's it, period.
member
Activity: 392
Merit: 10
October 14, 2021, 03:31:14 PM
I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.
member
Activity: 252
Merit: 11
October 14, 2021, 02:27:33 PM
Most likely Dogecoin without Elon Musk wouldn't be as good as it is now anymore. Elon Musk may indeed be one of the biggest factors Dogecoin can be like now.
sr. member
Activity: 1456
Merit: 267
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October 14, 2021, 01:03:41 PM
I think Dogecoin is just for a joke, and basically just that. But if Elon Musk sees it as a project that can make him add to the coffers of wealth, it could be that Dogecoin will still strengthen.
Might come out as a joke but the fact it the dogecoin project came up as a joke and any monetary benefit that came with it was not anticipated...was more of a consolation prize.  And Elon Musk joining in to hype the dogecoin project could be that his playing along to keep the joke / the meme king alive but overall with or without Elon musk dogecoin will be there, the crypto ecosystem is bigger than an individual.

The fact that Musk is no longer bringing anything new to this coin and the price still hanging @ $.2. A Meme coin who attract
investors support, we don't know what's the fate of this coin but in terms of surviving this coin still very possible to stay at it is.

if you like the risk and you believe that Musk or whoever individual that shows interest to this coin may pump it back and begin
another market run.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
October 14, 2021, 12:46:13 PM
I think Dogecoin is just for a joke, and basically just that. But if Elon Musk sees it as a project that can make him add to the coffers of wealth, it could be that Dogecoin will still strengthen.
Might come out as a joke but the fact it the dogecoin project came up as a joke and any monetary benefit that came with it was not anticipated...was more of a consolation prize.  And Elon Musk joining in to hype the dogecoin project could be that his playing along to keep the joke / the meme king alive but overall with or without Elon musk dogecoin will be there, the crypto ecosystem is bigger than an individual.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
October 14, 2021, 12:28:10 PM
Really the price of Doge has been behaving very well, the fact that Elon Musk has not given another tweet in favor of the coin, his bulls have been believing in the coin, so far the price is at 0.23USD, and in the short term The technical indicators according to cointelegraph shows us the following:


Quote
Dogecoin (DOGE) broke below the 20-day EMA ($0.23) on Oct. 10 and the bulls have not been able to reclaim the level since then. This suggests that bears are putting up a strong defense at the 20-day EMA.
Source: https://cointelegraph.com/news/price-analysis-10-13-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

Doge has an exclusivity, which shines when nobody expects it, at the moment the price remains green and possibly can continue to rise, if an eventual fall in BTC occurs, Doge may also fall, but it is possible that a good pump will occur , and not by action of Elon Musk but of his own bulls.
full member
Activity: 396
Merit: 106
October 14, 2021, 11:24:22 AM
Everyone know that dogecoin is also in the list of shit & memes coins which has no fundamental which mean it has no genieun background . doge only depend on elon musk many people also call them father of doge Coin.
If elon tweet about doge then its a bullish news for doge. And after that doge will start his ralley.
It is the usual bullish time whenever there's a hint from Elon.

Holders of it are hoping that the meme father will post anything bullish about Doge so that the market will get to see it pump and those holders will start selling it.

As these holders sell, the father also does.
So both Doge holders and the father/Elon going to be more indirect to shill for the coin than they used to be? Seen right cause if they post something so direct about Doge or similar meme coins then it is more likely to cause a backlash as obvious pump and dump shill, less likely to work for them. So now, it is more about drop-in hint?
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
October 14, 2021, 10:04:13 AM
Surviving is easy for Dogecoin but it will stay at on low price and low volume like the status of it before Elon Musk creates a sound for it.

But without a big wave again from Elon Musk or the same big personality equal to him, Dogecoin won't experience again that big increase in the market.

Trade with limits and don't be carried away for any attempt to shill Doge.

Dogecoin might survive without Elon Musk, but with lower prices than usual. It might head back to its original price levels as the hype fades away. People will flock to the next big thing in crypto, leaving DOGE in the dust. I wouldn't worry much about Dogecoin, since it's only a "meme" coin. Developers created it as a joke with no real use cases for the mainstream world. The project's been abandoned for quite some time, so we can say Dogecoin is quite obsolete compared with the rest of the other altcoins on the market today.

Ultimately, crypto is all about utility instead of hype. A single person (like Elon Musk) cannot determine a cryptocurrency's level of success. It's the community which makes the coin stronger every day. As long as Dogecoin is useful and has community support, nothing else matters. Just my opinion Smiley
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
October 14, 2021, 09:58:04 AM
Doge is a memecoin so in a way,,, it is appropriate for memes and funny stuff to bring it into people's awareness.

I guess it does not matter and should not!

Apples and oranges, question is if elon leaves or denounces doge it definately will drop, if a bitcoin influencer denounced bitcoin it wouldn't do anything.  Doge is so reliant on elon tweeting setting dumb about it and then it pumps.  Without elon doge is what it was meant to be, a joke.

As it is now,,, even without doing anything (which in the hype and influencer space is probably even worse than saying something bad about it), DOGE is now 400 satoshi while BTC and alts are pumping. Very poor performance if you think about the last few months.

So even with him Tweeting just barely,,, doge the effect is to stabilize. Totally not sustainable. But we all knew that already right? Smiley
hero member
Activity: 2996
Merit: 580
Hire Bitcointalk Camp. Manager @ r7promotions.com
October 13, 2021, 06:35:43 PM
Everyone know that dogecoin is also in the list of shit & memes coins which has no fundamental which mean it has no genieun background . doge only depend on elon musk many people also call them father of doge Coin.
If elon tweet about doge then its a bullish news for doge. And after that doge will start his ralley.
It is the usual bullish time whenever there's a hint from Elon.

Holders of it are hoping that the meme father will post anything bullish about Doge so that the market will get to see it pump and those holders will start selling it.

As these holders sell, the father also does.
legendary
Activity: 3780
Merit: 1418
October 13, 2021, 05:03:41 PM
Try to look at Dogecoin at a time when it was not yet known to Elon Musk, did Dogecoin experience something that made him die ? because I have never encountered any problems with Dogecoin since it was born into cryptocurrency in 2013, but why do some people only see Dogecoin through Elon Musk ?, even though Dogecoin has been in cryptocurrency for a very long time

You cannot blame them. The same that a lot of people only knew Bitcoin through some influencer,,, like McAfee a lot of people admitted they bought it first because of him. Some even I remember got into crypto because of Silk Road.

Doge is a memecoin so in a way,,, it is appropriate for memes and funny stuff to bring it into people's awareness.

I guess it does not matter and should not!

Apples and oranges, question is if elon leaves or denounces doge it definately will drop, if a bitcoin influencer denounced bitcoin it wouldn't do anything.  Doge is so reliant on elon tweeting setting dumb about it and then it pumps.  Without elon doge is what it was meant to be, a joke.
hero member
Activity: 1414
Merit: 670
October 13, 2021, 12:52:22 PM
Everyone know that dogecoin is also in the list of shit & memes coins which has no fundamental which mean it has no genieun background . doge only depend on elon musk many people also call them father of doge Coin.
If elon tweet about doge then its a bullish news for doge. And after that doge will start his ralley.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
October 12, 2021, 07:50:16 AM
Try to look at Dogecoin at a time when it was not yet known to Elon Musk, did Dogecoin experience something that made him die ? because I have never encountered any problems with Dogecoin since it was born into cryptocurrency in 2013, but why do some people only see Dogecoin through Elon Musk ?, even though Dogecoin has been in cryptocurrency for a very long time

You cannot blame them. The same that a lot of people only knew Bitcoin through some influencer,,, like McAfee a lot of people admitted they bought it first because of him. Some even I remember got into crypto because of Silk Road.

Doge is a memecoin so in a way,,, it is appropriate for memes and funny stuff to bring it into people's awareness.

I guess it does not matter and should not!
sr. member
Activity: 811
Merit: 250
October 12, 2021, 02:56:38 AM
I think Dogecoin is just for a joke, and basically just that. But if Elon Musk sees it as a project that can make him add to the coffers of wealth, it could be that Dogecoin will still strengthen.
Try to look at Dogecoin at a time when it was not yet known to Elon Musk, did Dogecoin experience something that made him die ? because I have never encountered any problems with Dogecoin since it was born into cryptocurrency in 2013, but why do some people only see Dogecoin through Elon Musk ?, even though Dogecoin has been in cryptocurrency for a very long time
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
October 12, 2021, 02:07:21 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. Smiley

We don't know how much Dogecoin Elon Musk is holding. If he sells a portion of Dogeoin, will the price of Dogecoin be able to stay at its current price? Apart from Elon Musk, there are many investors who are still holding Dogecoin at the moment. I'm not sure they will hold Dogecoin for good. If they sell them all then the price of Dogecoin will drop.

I think Doge coin won't survive without patronage of Elon Musk because fundamentally it is very weak, it has no use case and I hope you remember that its price was few cents before Elon Musk started tweeting about it. It can only survive if its developers team builds it use case, like its wallet, swap or exchange to compete with other coins as well as its marketing team performs well then it can win trust of crypto investors.
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