Bitcoin Forum

1. Better technology transactions speed/fees.
2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
3. Devs are going to improve the technology far more with Elon Musk.
4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
5. Dogecoin will receive mass adoption.

Dogecoin does not have a better technology of the transactions than Bitcoin. Have you forgotten that it's a fork? It just uses other settings on the block generation. Yes, Dogecoin block size is bigger than Bitcoin's. You should consider though, that this has also its disadvantages, the 1MB Bitcoin block size wasn't a blind guess.

He definitely isn't this kind of person. But what kind of project is Dogecoin? Can you give me an example of a problem that is solved by Dogecoin and only Dogecoin? Why wouldn't someone go with Litecoin for example, which is also faster in transactions than Bitcoin and the majority of its coins isn't owned by whales and big investors. (in contrast with Dogecoin)

Are they going to add non-sense meme texts inside Dogecoin Core like So scarce Very speed gr8 such stuff? The Bitcoin developers work on making Bitcoin a better thing, while Dogecoin copies it. I will grab my popcorn and I'll wait how they'll improve it.

This joke has to someday stop... (https://finance.yahoo.com/news/around-100-people-control-doges-103247173.html)

What's the technology that has been used on Dogecoin since it's better than Bitcoin, can you explain?
The fees is cheap because the trading isn't really high compared to Bitcoin, however the fees of Dogecoin is going up compared before.

Pure of speculation, you can't know what he doing behind.

Still speculation since there's no proof with it, remember yesterday? he said tesla has sold Bitcoin holdings and then he create new tweet to clarify tesla didn't sold any Bitcoin.

I wonder where you read Dogecoin will become stable coin :P , many people will disappointed because holding Dogecoin isn't profitable.

This because Elon Musk hype and anyone want to get instant profit.

First of all, what does this altcoin talk do on Bitcoin discussion?!


Right. We'll see in a couple of years. Rich guys get easily bored of their toys. So.. yeah..


The bigger problem of the technology is it's tail emission (google it), which is way too big and it's by design.
So the proper way to improve it is to make a new coin.


You have to learn what stable coin means. And Dogecoin is accepted by most exchanges and it didn't help it. And the merchants had so many years to accept it, they do accept Bitcoin and still didn't accept Dogecoin. Why that? Because it's .. "superior"?


Only on Reddit and 9gag.


Dogecoin used to have a great community. Now greed seems to take over. It's OK to have dreams, but please do a reality check now and then.

I am not interested in stable coin. I am here for investment. Although Doge coin will make cooperation with Elon Musk but if I can't get profit from it then it is useless for me. I like bitcoin with it's volatility and deflation. I will buy more bitcoin when it price lower than now.

I have personally chosen Dogecoin because of its very low fees and high trading volume per day with low fees, and this is one of the first and most important reasons for the popularity of Dogecoin.


I'm not so sure about that. It would be better if the developers did not focus on one person and focus on the project and its implementation, because we all saw what happened to Bitcoin.

I am not against Dogecoin or any coin/token for that matter. But why should it rise be the demise of Bitcoin? Oh wait, it must be because of Mr. Elon Musk. For the past many months, the words of this man have become like a biblical quote that his followers and minions have to follow to the T. I am not against Elon Musk either, and I even admire his entrepreneurship streak -- in fact I envy his story. However, I don't think that any man or any personality should be given that power to influence Bitcoin. He is not an insider of Bitcoin. He was not there when Satoshi Nakamoto  was then conceiving of the idea, and he was not there when the first purchase was made...hell he did not eat any of the pizza purchased. And he is planning to be leaving Earth soon...to Mars. Well, he can take Dogecoin to Mars if that is what he wants, I don't have any problem with that either.

All of your reasons are predictions. If that's how you're going to build your argument, I could do the same with literally any coin, bitcoin as well.

Dude, if you want to increase your doge community, there's a better place and a better way to do so. Blatantly shilling with optimism is not going to work.

How come that you only posted this kind of thing now that Elon is hyping it up, this post could've happened a long time ago but you did it, how strange don't you think OP because I am sure that's called a bandwagon.

good point here +1 on that.
What ? do you hear yourself? Elon had leave Bitcoin in tin air after making some good start , is this the man that does not leave what he started?
Says who?  any specific ideas or road map to prove this claims? or just a Hearsay.
You are wishing right? with no assurances .
You are dreaming right? try to wake up.

Do you really believe that? Elon musk is only hyping that coin for sure he don't have plans to stick with it for long term period. Remember he also hype bitcoin before and now he's starting to dump it and for sure it will be the same with Doge coin. Better to wake up than be left bag holding.

Dogecoin is a joke coin and I do not believe in jokes. I do agree Bitcoin does have issues but it is far better than the meme coin in every aspect. Just because a single celebrity is blindly supporting it does not mean it is the greatest cryptocurrency ever created.

I am a Dogecoin holder and no doubt that I love this to happen . but the idea can't sink in my mind for now because Even Ethereum can't get that close to Bitcoin so what more Dogecoin that has billions of coins and not even get close to 10% of Market capitalization of bitcoin? do this sounds Impossible for our time now.

This is precisely why I'm reluctant on buying BTC. The coin was created to be used on daily transactions, not to be stored and collect dust (literally.) You see, the majority of BTC holders (and there's no shame in that) are in it for the profits, not for the ideology. Only few members here on this forum believe in the BTC concept.

Now getting back to topic, how will BTC gain value in the future if the majority of holders are greedy? This is the main reason why I believe BTC will fail and a competitive coin will take place (or serve its purpose as a global currency.) The whales are also a threat to BTC

As many have said, it is a speculative asset and holds no real value (you are buying it expecting great profits in the future, not because you want to utilize it!)

I think it will be a collectible item in the future (explains why it has value) and never experience mass adoption.

Lol,

1. What do you think will happen if Doge becomes bitcoin, with no development, sooner or later the speed and fees are going to get high.
2. Lol, Just because Elon Musk back it up means that it will be mass adopted or at least gain support.
3. Just check the official github repo and you will see that there are no updates in the last couple of years
4. So far only gambling sites are accepting bitcoin besides exchanges
5. Are you really that serious? telling us that it will be mass adopted in the future.

1. DOGE's technology is just a clone from Bitcoin and it's worse than recent new projects.

2. Elon Musk is a trader and he will take profits if he makes enough profit. Elon Musk is only interested in his companies like Tesla, SpaceX and the technologies that make him money in the long run.

3. Developers have self-respect and they don't spare the effort to develop a meme project.
They can monetize new projects more easily. There are more new blockchains in need of their development than something renovating like DOGE.

4. As far as I know, DOGE is only used for gambling.

5. DOGE transaction fees on exchanges average $5 and between wallets $1 per KB. How DOGE adoption will happen when the risk on DOGE's value is large. As many as 101 wallets hold about 67% of the total supply and DOGE is manipulated by Elon Musk's tweets. If one day he Fud back to DOGE it would be a downfall.

Well said. We can only think of Dogecoin as a source of quick income. Keeping it as an asset can be too dangerous.
And it should be better to not compare Dogecoin with Bitcoin.
Dogecoin came into notice only due to of the owner of Tesla, Elon Musk.
And that too Elon Musk used it for his own profits in order to make himself some quick sort of money.
I am sure Bitcoin will again comeback and with this time even with greater fanbase than Doge.
Let’s see what happens next.

I doubt it. Dogecoin may be getting used for mid term to long term investment options and I am sure no new technology will get power to beat bitcoins. Even there would be some all new technology will be incorporated into dogecoins, I am not ready to speculate like it will get power to flip bitcoins.

Probably dogecoin may compete against ethereum in near future. People will switch over to dogecoins from ethereum for short/long term benefits and I am seeing lots of possibilities for their success as well. Anyway as of now, we need to wait for Elon Musk to confirm whether he will continue with dogecoin or going to create an all new coin.

The only reason doge go up is because of Elon Musk nothing else

1. Not really. But if you really think so, then why don't you explain how it has a "better technology"?

2. Which means if they stop "supporting" or "backing" it up, it would be a disaster. Better to have support from "general mass public" than to have 2 or 3 billionaires who can exert influence on the price.

3. Source? I have heard Elon has been working with them since late 2019, but haven't seen anything new. But if that guy is serious (and I think he is), then its going to be interesting.

4. Lol. Stable coin.

5. And when the hype dies, the "mass" adoption dies too.

1. When it comes bigger block size then i can give that but doesnt mean it is much better.
2. Commitment? I dont think so and when the time when these Billionaires would lost interest then it would go back to square one.
3. They do just become active once again when theres some involvement in hype but before that, arent they sleeping?  :D
4. Its been listed already in lots of platforms nothing new.
5. For now its been triggered with hype so i cant say that much when it comes to mass adoption. Everything would come after the profits.

Bitcoin may have problems, but dogecoin can never replace bitcoin. I do not allow dogecoin joke coin and a joke coin to replace the strongest coin in this market. Dogecoin, which has come so far thanks to the support made by a famous, cannot be the bitcoin killer. Even comparing bitcoin to dogecoin is hilarious. that must be the real joke.

Yes I believe that Dogecoin is a really gaining wide adoption and a lot of people has been rushing into it because of the bullish market, nobody wants to miss out. But at that, I don’t think that Dogecoin will be able to overtake Bitcoin, an altcoin remains an altcoin.

Moreover there are still lots of other coins out there that are really good that a lot of people can go for. And in terms of transaction speed dogecoin is not the fastest. Maybe let’s be looking forward to when Elon Musk starts working with devs and how far they are going to be improving. And yes I know for sure that at this time it is going to really improve and some things are really going to change, but I don’t think it’s going to be to an extent that they are going to be replacing Bitcoin lol.

Yeah, but since he is so deep into dogecoins, I think he might make it a worthy coin in the future. There are talks of improving the dogecoins with the help of devs so I think maybe because Elon is supporting it, might make it a decent coin in the coming time.

Surely there is no way doge can take over the bitcoin market cap and dominance but there is enough room for doge to settle in the top 10 coins for a long time. I don't expect much from dogecoin because it was a meme and now with Elon hyping it up since sometime, has managed to get enough eyeballs but there is basically nothing that doge offers apart from a coin. Almost like the newly made shib meme, it's just a coin with no real use case.

it seems that all the altcoins or coins that exist today want to reverse bitcoin, why should it reverse and not run parallel to support each other and everyone will definitely get their respective benefits without having to drop each other.

This coin has no good usability. Elon was bring so many shitcoins to the market caused by he was creating hype for doge. This guy is a father of shitcoin.
Bunch of shitcoins appeared after elon already tweeted doge coin so many times.
Doge will never flip bitcoin and the doge fans got so many dreams for that thing to happen in the future.

Still thinking about flipping bitcoin ? I have no idea why these people comes up with this statement. And now can you see that when bitcoin fall then whole market will going down too. Doge is not even better then litecoin and ethereum. Yet it still can not flipp ethereum.

Keep in mind that " if bitcoin fail, then cryptocurrencies will fail with it "

It doesn't have to be dogecoin if you decided to start your own gambling platform. There are some people who prefer bitcoin and some prefer altcoin or other cryptocurrency. It ia much better if that platform can accept various cryptocurrency for various reasons like low fees and faster transactions for example. I even gamble dogecoin but I only use it for a short time.

That has existed ever since doge coins came into the market and one of the reasons doge was used by some users because it was cheap and relatively faster than bitcoins. Now a lot of coins like TRX solve the same problem at a better rate so this argument doesn't make sense. And excuse me, what technology you see behind dogecoins?

Right but he never advised people to invest in dogecoins and while he supports dogecoins, doesn't mean he is committed to it, neither it's his own project. I feel like doge is more like a toy to him, once he is done it will go to the bin.

A project that offers Nothing and has 60% of the coin been owned by few whales. when they choose to dump, everything goes bizzared. just like shibu where major holders are whales. Doge has nothing to offer expect Meme gifts to people that supports it and are interested. a large quantity of dogecoin is owned by few persons and it is not good for the project. it is centralized and managed by few persons. Not locked.

Many investors chose DOGE for these reasons, but they were wrong. DOGE made completely manipulative moves and suffered a great loss of trust. Currently, DOGE still has high prices and is still a risky investment. I hope more people don't suffer because of DOGE and Elon Musk  :-\

I don't know if it's just a baited post or what but if you really think doge coin has 5 points you mentioned, you better careful for investing in crypto. There are a lot of things that can trick you, the dogecoin phenomenon is really clear that the price was just manipulated caused of the hype. There are much more tricky thing in crypto that you should know so you won't get lost

sometimes we can send btc with a small fee and faster speed but btc technology is more better than a doge coin because theres more support for btc but doge is only a meme coin and big companies dont take this coin seriously . your #2 is wrong because elon leave btc and if they transform the dogecoin into a stable coin ,
the coin will be abandoned by the many because they cant earn anymore from here  .