Perhaps yes or no, although I won't be surprise if some big shot decides to promote it through their twitter account that seem to be new normal,
I mean who ever thought dogecoin will come to be popular and sort out for, nowadays,  shitcoins are heavily promoted just to make a huge profit from it,
You can decide to hold this token and hope something will come out eventually or just buy something worth it, no one can predict what is in the future.

Yeah, so it seems, cryptocurrency space is a decentralize space which means people are free to get involve, invest as much as they have and probably try to influence the market in a way to favour them, 
Having big investors coming to invest can be of advantage and disadvantage, they bring in huge funds which is good for the market and also can influence the market with this huge funds, they are like the necessary evil 

Better in the sense that,  btc (cryptocurrency) has limited supply as already stated unlike fiat that has infinity supply,
anonymous which is a major part of btc and reason why many prefer it than fiat since by using btc you are some how anonymous from the praying eyes of the government,  
decentralization which means no central authority in control of the system, no single individual or bodies in control, it is open to all, which can not be said with fiat.
And then you have the ease and convenience to transact between parties without any middle man, when you observe closely, you will see why btc is a more better option.

Without a doubt Elon Musk has a huge amount of followers interested in what he has to say, some of them are influenced by his actions and words (directly or indirectly) and being a business and the second most richest man on earth, Elon is already aware of the power he has over many people, such power can be easily manipulated (the case of dogecoin as example) hence it is possible such thought already cross the mine of the man, and if ever such happens, there will be many people that will support the project, and since Elon understand business pretty well, am sure such alts will do it.

Why some people chasing after all this high risky project that can easily lead to loss of money if proper care is not taken!
Learn from Shiba and the likes, those who still holding shib tokens are left with bags to hold for who knows when it can regain it's price value, this can be seen as a short term quick profit project but if you are not smart you will be left behind.

Every drop gives an opportunity to buy the dip, if we are not give a count to all the drop btc has made since the last decade, the list will go on and throughout all this drop btc has always find a way to come back strong, we should be patient for the market because it always recover eventually.

Such a huge gesture from vitalik, this is how we become our brothers keeper, by lending a helping hand during the time of great difficulties, covid-19 has been hitting hard on some countries and don't seem to be slowing down, i hope with all the support the Indians are getting they will have enough resources to combat this deadly disease, thumbs up to vitalik and many other's who are donating to this fight. what matters is the motive behind it and not the source, people should look beyond that.  

And so what! binance does not control the whole btc in the market, between binance made sure to make it clear what countries are not allowed to be in binance.com, people still find a way to bypass all this restrictions and register (vpn) how can binance be able to restrict those using vpn, perhaps cz should have been a lot stricter to avoid issues like this, i hope binance can find a way around this because the last thing the crypto community need is for an exchange like binance to go down.
However, even the end of e-gold did not bring an end to crypto.

Responded, do check your inbox.

Thanks for the opportunity to work under your management for the first time in this section, it was a great experience, looking forward to another opportunity, best wishes to the Arcona team as well.

There is no need for pessimism here because you know that price won't come so easily,  sure we know that in time btc will bebin that price zone reason why optimism is more should be the right feeling, this is a tech that has performed tremendously over a decade and still has a lot of room to perform even stronger.

Elon can make all the noise he wants, btc will always remain strong come what may, there have been worse fud than that of Musk and btc survive it all, prove all funders wrong and shut them up for good, am only sorry for those who believe so much in his ridiculous tweets, his only interest is to make money,  he could be taking advantage of this dump now who knows,  the guy is multi-faces  

How can btc overcome this problem when it is regarded as digital currency,  and by digital it means something that process numbers or digits which are not represented physically like you have in fiat, which like you said is a disadvantage to using cryptocurrency as against fiat currency,
The only way I see this can be overcome is by having physical btc (if it will be possible) otherwise in a situation where there is total electricity outage there will be serious difficulties to access crypto.

I just saw this on a Telegram group and luckily this thread was created,  I must say Elon Musk is the biggest joker there is, his he really serious or what! How the hell he just suddenly dawn on him that btc mining involves using fossil fuel, something that has been extensively discussed and can be found by just a quick search on the Internet,

This guy is very unpredictable,  he is truly a player taking the crypto community for granted, can't believe am reading this, I bet dogecoin is the big alternative to btc lol, well played Elon.

I didn't keep track of what happened on May 8th, did Elon Musk made the announcement about dogecoin that change the cause of history? Did dogecoin pumped to a new ath on that particular day!
And as for Shib, Akita this i saw on binance announcement page, have no idea Elon has anything to do with either of them till now, that explains why the huge hype surrounding shib especially,  well imo, high risk high reward just like what the op already mentioned,  anyone interested should be sure they are ready to take whatever outcome.

Lol, a project that has it's ath at $700 and you think $10 - $30 is a reasonable number,  why do you think so, is it that the project is too pricy and don't worth that much price? I do think the project has got something to offer, for now investors need to be patient especially with price because I can see it has corrected by half of ath,

I was aware of this project few years back but never keep in touch and has no idea about the Airdrop until recently,  I can't believe the amount Airdrop participants are going to earn from this, if truly they are able to withdraw their free tokens then this by far is the biggest Airdrop of all times.

Warren Buffet is 90 years and Charlie Munwhatis 97 years according what I read, both of this guys are old timers still doing perfectly well in their respective endeavours, crypto is completely new to them and not exactly correlate with their kind of business ideas so they don't find it appealing enough to invest, besides,  it is a thing of this generation so perhaps they will leave it as that. I don't think it has anything to do with insecurity, if they had wanted to, they will do so.

Agree with @Dabs, don't just store your btc on a cold storage and walk away for long, occasional update yourself with latest happenings in the news about btc will help keep the person up to speed,  anything can change within the time you are absent,
Between the cold wallet storage should be kept in a cool dry place with the right temperature, and always try to inspect it at intervals to ensure it is working properly.

Most of the investors on dogecoin are short term profit chasers, they really do not care about any details except to make quick profit and move on to the next pump and dump, then a few minority of investors are dreaming with their dogecoin investment hoping to make lambo's out of it, unfortunately for them, they might get rekt before that dream come to reality, the moment Elon stop tweeting something positive about dogecoin, it will affect the price big time, and lots of noob investors will learn from the hard way.

Some people find it difficult to adapt to change, those who invest on stock are familiar with it, not ready to take risk because unlike crypto stocks are more conservative in nature, crypto is not, high risk and high reward explains the nature of crypto more,
although there is nothing wrong with diversification, since stock is not as risky as crypto investment perhaps is the reason why some people still prefer to invest there.