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Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: DashingAgent on January 31, 2021, 03:42:20 AM



Title: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: DashingAgent on January 31, 2021, 03:42:20 AM
Anyone who holds 100 doge will become a millionaire in the future but why?

Anyone who holds only 100 doge will become a millionaire in the future because of Elon Musk. It is because Elon Musk has a mission to make human multi planetary, which means that earth will become a planet of the poor ones who will just live on the earth. But having that million of dollars will not be worth to anything. Just imagine that if you want to travel to a planet which costs around $10 million then you would have much more money just to travel as you travel today from one region to another for anything like jobs, vacation etc. You will travel to other planets for many things, like you would want to live there for vacations, you would want to go there for job where there will be higher salaries compare to the earth or you will just travel to enjoy your life. There will not be any banks on other planets, there will be only cryptocurrency which will be used as a medium of payments between earth and planets.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: jackg on January 31, 2021, 03:54:27 AM
It takes 2 blocks in order to transfer a current bitcoin block to Mars. It'll be 20 doge blocks before one reaches them too.

I doubt planets will host much better than earth for resources related to actual human development (water, food and plants). I also think it's likely if we get to other planets that the same quarrels like we. Saw over Antarctica will play out where governments want individual holdings of planets, and what then if they don't - will Europe nuke Mars if it doesn't get its 33%?

If there's a time where Mars becomes habitable (probably the only planet that has a shot since all the gas giants are constantly having gmoons throw radiation at them) it still won't be or feel as freer as each. There's a chance we could make it to another galaxy but it'll be a long time away unless we start freezing people for 100 years every 5 years so they live out a couple of centuries (also currently impossible). 




What's more likely is people living in satellites orbiting the earth or in orbits around the sun.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: mk4 on January 31, 2021, 04:23:41 AM
Everything that makes little sense aside:

  • 1 DOGE is currently priced at around $0.028
  • 100 DOGE is currently around $2.8
  • DOGE's marketcap is currently at around $3.582 billion
  • For 100 DOGE to reach at least $1M, it needs an increase of around 35,714,000%
  • If 100 DOGE reaches a value of $1M, the total marketcap would then be 1.280 trillion; which is like 5000% higher than bitcoin's current marketcap

Yea, no.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: zanezane on January 31, 2021, 10:50:24 AM
~
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@jackg and @mk4's reasoning I think is enough to justify that Doge will not make someone a millionaire in the future, just because Elon Musk believes in it, doesn't mean that it will materialize, who knows though, I might be wrong, @jackg might be wrong, @mk4 might be wrong. What is the timeframe of future that we are talking about? 50 years? 100 years? 150 years? Or a millennia? The interplanetary species that you are talking about will not be complete at Elon's or our time, Mars is a harsh environment and experts believe that this is not how we should start our step to becoming interplanetary, the problem with resources and the internal strife among countries is still not close to being solved so that means that the plan to become an interplanetary is still a pipe dream for many. Fun fact, the only way to visit Mars from Earth to the most efficient only happens every 2 years when the two planets are closer together, and after that, everything is dark again and perchlorate salts from Mars dust are poison to humans.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Tytanowy Janusz on January 31, 2021, 11:01:37 AM
  • If 100 DOGE reaches a value of $1M, the total marketcap would then be 1.280 trillion; which is like 5000% higher than bitcoin's current marketcap

Poor planet money (AKA Global money supply with broad money) is bigger than $100 trillion

If Musk will set Mars as wealthy people planet than $1.2 trillion is more than possible. Even 200x from this is possible.

@OP
1- if Musk will succeed
2- if grand grand son of Musk will set doge as main currency of Mars (most likely he will create his own coin).
3- if your grand grand son wont sell it before because we are not talking about next year or even next 50 years.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Smartvirus on January 31, 2021, 11:52:40 AM
100 Doge makes you a millionaire in the future you say and earth to become the planet of the poor!!! I'm really surprised at these words and connotation attached to my beloved planet that groomed we all.

I tell you what, as much as man has advanced, we still haven't beat nature in it's least games. Sustainability is the bases of a stable whatever, planet, economy, resources and all that you can imagine. This is what I feel mars is very much going to lack, sustainability! I say this because, it wasn't really built or evolved to support the sort of life we humans headed by Elion Musk has planned for it. Just imagine it!

Project planet Mars has a lot at stake, not just the currency in question but, an individual Elion Musk and those he saddles with authority gets to play god. It's more like being the programmer of a video game. You know all the loopholes and how to manipulate it, like the Lannister Thyreon, he knew just how to penetrate Castery Rock unnoticed. We had and still have the Covid19 situation and we suspect Bill Gate to have master minded the pandemic to reduce world population and he isn't playing god yet. Imagine if we succeed to Mars and have Elion Musk control the constraints for living which he will. How safe would you be because, there surely would be stratification as per status and regions they occupy.
You might be a billionaire on earth and live like you own the world but, you might have same and be donw graded in Mars. It's better you have that which adds to your person on planet earth than Mars. There is always going to be a suffering population everywhere and the rat race would be more in Mars than earth. If you've seen the movie Aeon Flux, you would get the idea.

Doge to me isn't as promising as it seems and even if it seems so, it's not out generation and should you not pass the details to ensure its inherited, the saying 'Not your keys, not your money' would apply and how sure are you it would be used as you have desired. So I say this to you now,,,

Buy Bitcoin.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: tvplus006 on January 31, 2021, 01:42:45 PM
Are joking that once a investors hold a 100 doge only possible to become millionaire I don' think so it will happen because dogecoin for sure will going to dump again the price and it is impossible to this coin to become 10k dollars per dogecoin because I think the highest possible price for this is only 1 dollars or less if the price continue increasing but I think it is only temporary to happen.

The only goal when investing in Dogecoin is not to fly to Mars, but to pump&dump. And these pumps we have already seen many times, but such a strong one was achieved only after the shill of Elon Musk. Now Elon Musk will switch his attention to the new coin, and Dogicoin will be temporarily forgotten, until the next pump.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: mk4 on January 31, 2021, 02:33:20 PM
@jackg and @mk4's reasoning I think is enough to justify that Doge will not make someone a millionaire in the future, just because Elon Musk believes in it, doesn't mean that it will materialize, who knows though, I might be wrong, @jackg might be wrong, @mk4 might be wrong.
Who says Elon actually "believes" in DOGE anyway? Let's not forget that DOGE is literally a meme-coin that has literally been abandoned by the developers for more than a year now; because well, it's literally a cryptocurrency made as a joke.

Poor planet money (AKA Global money supply with broad money) is bigger than $100 trillion

If Musk will set Mars as wealthy people planet than $1.2 trillion is more than possible. Even 200x from this is possible.

@OP
1- if Musk will succeed
2- if grand grand son of Musk will set doge as main currency of Mars (most likely he will create his own coin).
3- if your grand grand son wont sell it before because we are not talking about next year or even next 50 years.
I'm actually in awe that you people are defending the possibility of DOGE becoming a main currency of anything lol.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Tytanowy Janusz on January 31, 2021, 02:39:36 PM
I'm actually in awe that you people are defending the possibility of DOGE becoming a main currency of anything lol.

I'm not. Just trying to say that this price is possible in circumstances described by OP (doge as Mars main currency). Not saying that it will/may happened. Just saying that IF it will happened than this price is possible and comparing it with current BTC price is inadequate.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: abel1337 on January 31, 2021, 03:46:40 PM
Anyone who holds 100 doge will become a millionaire in the future but why?

Anyone who holds only 100 doge will become a millionaire in the future because of Elon Musk. It is because Elon Musk has a mission to make human multi planetary, which means that earth will become a planet of the poor ones who will just live on the earth. But having that million of dollars will not be worth to anything. Just imagine that if you want to travel to a planet which costs around $10 million then you would have much more money just to travel as you travel today from one region to another for anything like jobs, vacation etc. You will travel to other planets for many things, like you would want to live there for vacations, you would want to go there for job where there will be higher salaries compare to the earth or you will just travel to enjoy your life. There will not be any banks on other planets, there will be only cryptocurrency which will be used as a medium of payments between earth and planets.
Elon is just shilling doge right now and there's a very good chance that 100 doge can't have a value of a million.

MK4 has a very good justification for it.
Everything that makes little sense aside:

  • 1 DOGE is currently priced at around $0.028
  • 100 DOGE is currently around $2.8
  • DOGE's marketcap is currently at around $3.582 billion
  • For 100 DOGE to reach at least $1M, it needs an increase of around 35,714,000%
  • If 100 DOGE reaches a value of $1M, the total marketcap would then be 1.280 trillion; which is like 5000% higher than bitcoin's current marketcap

Yea, no.
As we see Elon shillings is very effective since he can make a certain coin go pump, If he successfully lands on Mars and made the 2nd earth there I think he will just make his own currency instead of using other currency like doge. He can easily replicate or make doge features more efficient.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: fahmimajannat on January 31, 2021, 04:09:31 PM
I don’t think so it is possible.Because its to much for a altcoin. Even btc haven’t crossed 50k yet. So if anything reaches to 1 million mark it will be btc first. Than we can expect from other altcoins.
So i think its just an assumption which possibilities are very low.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: mardaed on January 31, 2021, 04:47:36 PM
This is very futuristic, and very dreamily hopeful as well. It is no doubt that Elon Musk made really good impacts with the doge coin, but personally, I do not really know and think that it will be worth millions in the future; just not yet. I am also thinking that what if Elon Musk would stop patronizing the coin or even start saying that it is not good anymore, what will happen to those whales and even ordinary people that he was able to pursue  to patronize it also, would they also back out since they are under his influence? Then, what will happen to the coin? Just random thoughts here.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Wapfika on January 31, 2021, 07:12:35 PM
This is very futuristic, and very dreamily hopeful as well. It is no doubt that Elon Musk made really good impacts with the doge coin, but personally, I do not really know and think that it will be worth millions in the future; just not yet. I am also thinking that what if Elon Musk would stop patronizing the coin or even start saying that it is not good anymore, what will happen to those whales and even ordinary people that he was able to pursue  to patronize it also, would they also back out since they are under his influence? Then, what will happen to the coin? Just random thoughts here.

We can just see here that Elon Musk is really influential that he is able to make Doge hype this much. Many who hold some Doge can take advantage of these event but they must know when the time to sell or no longer hold into it. They might keep following Elon for ideas but they must also learn how to trade properly to be able to earn since the price may not arise too much this time or too far to happen.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Hobo66 on January 31, 2021, 08:10:16 PM
Its imaginary world. At this timre we are in real world. We should focus on what going today and in nextinth.
Dogecoin price jumped very dramatically. No one believe that a tiny coin which was usually people using for giveaway reward will become so much worthy. Now every trader looking for dogecoin.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Cling18 on January 31, 2021, 08:20:30 PM
Doge is pumping right now yet we're not sure if it could pump continuously because we're all familiar with the possible changes in the market. It's too impossible that such things like that could happen. Dogecoin still has a lot to surpass and achieve and it's still in the process of gaining the trust of investors.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: 1l1l11ll1l on January 31, 2021, 08:21:45 PM
Wow bro, Elon implementing Dogecoin for his mega project might still be possible. but to accept only Dogecoin as the main payment system for something crucial I think is quite big and almost impossible. certainly Elon will consider things and from other aspects to do such a thing


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: shield132 on January 31, 2021, 09:22:06 PM
I think that what this man does sometimes seems out of logic and is just a tasting of personal powers over society. Musk says Signal is safe and society moves on Signal, Musk says that doge is good and it has enormous growth rate in one day. I don't like that, people just blindly follow some billionaires.
And doge can't become so high in value. This coin doesn't carry anything valuable and in reality, it was just a joke coin. You can't turn a snail into a horse, same applies to dogecoin and it's "predicted" price.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Kupid002 on January 31, 2021, 09:27:14 PM
You need to understand what is the reason why they make this coins. Its meme coins so this one will never make you rich someday just for holding it , 100 doge seriously? The only thing that you can use this coin is for gambling and donation and no other uses ases thats why its impossible for doge to make everyone rich stop dreaming and find other coins that's has real use cases in real world if you want to become rich.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: passwordnow on January 31, 2021, 09:38:44 PM
That doesn't make sense. It is obvious that Elon likes to troll the market with Dogecoin as we know it as a coin made only for a meme. It is impossible to become a millionaire with Doge even if you hold a thousand in the future. Have you considered and calculated how much it does need to reach that price considering its total supply? It has 127 billion coins and it's very unlikely that you'll see someone become a millionaire by just holding 100 dogecoins even if it will take a decade.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: CapGelatik on January 31, 2021, 10:05:18 PM
Everything that makes little sense aside:

  • 1 DOGE is currently priced at around $0.028
  • 100 DOGE is currently around $2.8
  • DOGE's marketcap is currently at around $3.582 billion
  • For 100 DOGE to reach at least $1M, it needs an increase of around 35,714,000%
  • If 100 DOGE reaches a value of $1M, the total marketcap would then be 1.280 trillion; which is like 5000% higher than bitcoin's current marketcap

Yea, no.

very ridiculous, 1 Doge can reach $ 0.1 alone makes everyone happy, oh not $ 1,
but $ 0.08 alone has made Doge popular and trending on various social media such as Facebook, Twitter and even YouTube,
everyone is talking about Doge, yes this dog, gives the fact that the impossible, just might happen in this cryptocurrency world.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: palle11 on January 31, 2021, 11:10:11 PM
With 100 doge really? At how much is he talking about. Well I think Elon Musk is now making himself popular in this bull season. I guess he is enjoying the hype around him. Just like many who have been hyped earlier, he is catching the popularity at the moment but however I don't think doge has what it takes for such increase. Doge coin has large supply and it has to improve on the technology.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: mk4 on February 01, 2021, 04:27:10 AM
very ridiculous, 1 Doge can reach $ 0.1 alone makes everyone happy, oh not $ 1,
but $ 0.08 alone has made Doge popular and trending on various social media such as Facebook, Twitter and even YouTube,
everyone is talking about Doge, yes this dog, gives the fact that the impossible, just might happen in this cryptocurrency world.

Never said it couldn't reach $0.1, but $1? Not impossible, but probably not.

Also, popularity =/= usefulness and viability. People are talking about DOGE because it's a famous meme that already existed since the rise of freakin 9GAG. If you've noticed, almost no one is actually taking it seriously besides the crazy people that thinks that DOGE can actually become a "main currency".


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: target on February 01, 2021, 06:52:00 AM

They are going to pump doge we all know that but having 100 to be a millionaire is a pipe. Just put your feet on the ground and take whatever is there, if you can get more money out of it just get it. But don't expect too much.

That mars that he is about to colonize could just be a lie. The guy is just helping NASA to put more lies for you to be entertained, making you forget there is a pandemic.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: CryptopreneurBrainboss on February 01, 2021, 07:33:28 AM
Anyone who holds 100 doge will become a millionaire in the future but why?

I think that's just an unrealistic assumption, 100 doge can't even make you thousand of dollars in the nearest future talk more of it making you a millionaire.  For you to get at least $1k from your 100 doge it means it's price has to be trading above $10 and judging from the current circulating supply of doge and it's market cap that'll be very impossible to achieve. Assuming the supply of doge was to be reduced then that assumption can't be considered realistic.

I know we say the Industry makes the undoable doable but not with cases that's just not doable. And most especially let's not forget the doge project offers nothing to the growth of the industry to bring about adoption that It'll benefits from per se. Instead it's just a meme used by whales to catch fun of the industry and it's price is been highly manipulated and will soon crumble down to its previous low price until another hypes come on board.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Shasha80 on February 01, 2021, 07:47:32 AM
Don't because Dogecoin has risen high enough to make you delusional. Because after all Bitcoin is much better than Dogecoin, although Dogecoin
has the support of Elon Musk it is still quite difficult to make it a major currency. After all, now the Dogecoin price continues to fall, so yesterday's
increase was just a pump and dump. So I doubt HODL 100 DOGE will become a millionaire. But if you have 100 BTC becoming a millionaire will
come true.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: nelson4lov on February 01, 2021, 08:10:40 AM
Anyone who holds only 100 doge will become a millionaire in the future because of Elon Musk.

To be clear, Elon Musk doesn't take Doge very seriously. It's just a fun coin that everyone loves to play with. It doesn't contribute anything to the space. It's being pumped and then dumped every other day. To become a millionaire with just 100 doge is too far fetched. For 100 Doge to equal $1M, it has to be priced around $10,000. Considering it's 128 billion supply, I don't see this happening not even by a long shot.

No one should get carried away by Doge recent price increase. It's the same every time. Market will still correct itself.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Fivestar4everMVP on February 01, 2021, 09:26:07 AM
Even holding 10,000 dogecoin for a decade am not sure wil make any one a millionaire, I mean dogecoin literally has over 100 billion coins supply and some one is here telling me that holding just 100 dogecoin will make me a millionaire,.. Are you f...king kidding me? Even a fool at forty won't believe this, all you guys saying should please stop dreaming cus it will be very difficult for a dogecoin to enter $1 usd let alone 100 dogecoin making its holder a millionaire.
And for musk saying he will turn earth to poor people's planet and all that shit,.. Someone tell him I said he's dreaming and the earlier he wake up from that sleep, the better for his health.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: SquallLeonhart on February 01, 2021, 12:28:48 PM
Obviously this is wrong, do not believe people who are making grand claims because they are just trying to get your attention and nothing else. This topic was created so that dude could get your attention, there is no specific reason he wanted attention, he just likes it and that's it.

We are not going to be an inter-plantery species anytime soon, in our life time what we can probably achieve would basically be going to mars and that's about it, we could build some space station there if we are lucky and live long to see that, but we are not going to see anyone who will be travelling there for vacation. That would be 100+ years away, in order for us to achieve something like that we need to first be able to go to mars (which is not too far away I have to agree) but also we have to make mars a place where you can live, not just in space suits and all but literally live, and that Is at least 100+ years away and none of us will see that.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: slaman29 on February 01, 2021, 12:50:54 PM
Now if 1 BTC is 1 million, and 1 BTC = 100 DOGE, that is the only scenario I would believe that 100 of these coins would make you a millionaire.

That means 1 doge = 0.01 BTC, though. Probably super impossible even with all the Elon Musk shilling and reddit gang.

It would need institutional interest, which would never ever happen.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: 7788bitcoin on February 01, 2021, 05:31:15 PM
Anyone who holds only 100 doge will become a millionaire in the future because of Elon Musk. It is because Elon Musk has a mission to make human multi planetary, which means that earth will become a planet of the poor ones who will just live on the earth. But having that million of dollars will not be worth to anything.
Elon Musk likes to troll and he knows his influence but his aerospace dream does not mean that they will be shifting all the billionaires, even now it is still an extravagant project and only time will tell whether he will be successful in taking people in space. If 100 doge makes you a millionaire then i will become a billionaire and the government needs to print more money as the number of coins in circulation will surpass all the currency valuation :P.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: Review Master on February 01, 2021, 05:42:27 PM
Anyone who holds only 100 doge will become a millionaire in the future because of Elon Musk.

If i'm not wrong, than dogecoin was created because of the most popular meme of dogs in that time. Also, recently Elon Musk said that he always use dogecoin as a meme material not like an investors or enthusiast and also showing more interesting towards Bitcoin which is good for crypto market. Lets see if we become millionaire or it's also a meme.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: electronicash on February 01, 2021, 05:55:04 PM
i have thousands of it even before elon tweeted it. so guys order another round because I'm gonna be a millionaire in the future. I'm never going to go back to faucets anymore! but yeah who knows. i like the positivity. ;D

the coin had been around for so long already at least this time its being noticed by individuals. doge was only traded by the big guys who could trade millions to billions of it on exchanges but now even the ones with just $100 ares now buying it.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: ScamViruS on February 01, 2021, 05:58:39 PM
Anyone who holds only 100 doge will become a millionaire in the future because of Elon Musk.

If i'm not wrong, than dogecoin was created because of the most popular meme of dogs in that time. Also, recently Elon Musk said that he always use dogecoin as a meme material not like an investors or enthusiast and also showing more interesting towards Bitcoin which is good for crypto market. Lets see if we become millionaire or it's also a meme.

You are right. But people expect more when someone pumps a coin Now that the doge has made a huge pump, many now dream of becoming millionaires with a small amount of dogecoin they hold. There is a lot of hype about dogecoin in the crypto market right now, it's hard to predict what the consequences of this hype will be. The market price of this coin is now affected due to the fun tweets of many big people.


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: ChrisPop on February 01, 2021, 06:13:03 PM
I don't believe in DOGE. It is a meme cryptocurrency that gained traction just because of it was one of the firsts and it has that shiba symbol. It's a shame that money stays blocked in a lot of worthless altcoins.

You can call me a Bitcoin maximalist, but when you create a cryptocurrency that does not bring any added-value to the table, that's called a lower quality copy-cat. Most probably, Elon Musk is playing with DOGE as a hobby and also to make an extra buck for fun.

Regarding your hypothesis: I don't think Earth will become the planet of the poor, quite the contrary. It will cost a lot of money to transfer people and things to other planets. And who wants to live on a red planet instead of a beautiful "blue" planet?  ;D


Title: Re: Anyone who holds 100 doge will become a millionaire in the future but why?
Post by: ryzaadit on February 01, 2021, 06:17:46 PM
Everyone who taking seriously on doge while all billionaire (Elon Musk and the gang) just make some tweet because they like a meme but almost all people taking seriously for their tweet *facepalm ~XD

Doge Response on the market: I'm just a meme guy don't take it seriously.

This situation was kinda funny ~LOL