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Author Topic: Dogecoin is the new Bitcoin  (Read 1429 times)
Soneo
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June 24, 2018, 03:38:09 PM
 #141

What started off as a joke has proven itself to be quite stable. I really don't see any problems with Dogecoin, except the overall sentiment.


I think Bitcoin is very conservative and slow to react to modern challenges. But I am sure that the scalability problem will be solved next year and we will see a newer version of the new bitcoin.
Bitcoin just can not because he's the only one. Bitcoin now has some difficulties to apply because the transaction price is very high. This is really a problem.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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omonuyak
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June 24, 2018, 04:32:44 PM
 #142

All coins are claiming to replace bitcoin since inception but nor of them has been able to overtakes bitcoin. Dogecoin was one of the most promise altinative crypto coins but it seen the developers are not doing the right marketing and that has dwarf it progress.
Bitcoin has no competitors for now and I think that is why all the coins are falling when bitcoin is falling including dogecoin.
Dogecoin was created for a joke. That's why I think you are also kidding. This coin is not able to compare bitcoin at all. Although it has a trusted community, there is no future ahead of him. Low dogecoin fees are not enough to achieve the level of bitocoin.
low fee is not actually enough for dogecoin to overtakes bitcoin as bitcoin has established a very strong foundation which is  very difficult to over. 
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June 24, 2018, 04:44:30 PM
 #143

Dogecoin performance for this year is very bad even having market presence for these many year still dogecoin is in bad condition in growth aspect

Bitcoin is the only one for me. Even any new altcoin will come I will take seriously on bitcoin only, maybe there are a lot of coin that potential but I still believe in bitcoin and I think no one will replace it.
Ekim22
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June 24, 2018, 05:44:44 PM
 #144

Dogecoin is the one off the altcoin, the price of dogecoin in the market is very low like other altcoin.But bitcoin is the number one off all coin in crypto world
Baoo
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June 24, 2018, 06:15:27 PM
 #145

Seriously, I totally disagree with you OP, it is true that Dogecoin is exist on an acceptable rank (39) on the market, but there is a huge difference between Bitcoin and this currency in terms of every characteristic (Price, Market cap, Volume Circulating supply, users) and it is impossible that after a year or more your Dogecoin will be better than Bitcoin on the market. You have a wide imagination or dream dude.

On the other hand, I am pretty sure that Bitcoin will develop in the future and their success will continue in a good way, despite that there are many problems which led to this big crisis like, the attacks of the countries (governments) and other things. Plus, I expect that after after a few years there will a total recognition of Bitcoin, and for Dogecoin, I do not think that this currency will be profitable especially in a long term.
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June 25, 2018, 10:28:22 AM
 #146

Dogecoin is an old memecoin that people do not really take seriously, they have no seriously development and it will never get that probably.
It doesn't even come close to what bitcoin is, hence the difference in market cap Wink

The technical specifications of DOGE project is not very high, but it has alive for so many years. That proved it's the handy coin. Yes I think it is possible to replace Bitcoin in some commonplace and usual transactions.

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robotrobert
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June 27, 2018, 10:37:30 AM
 #147

Guys I think that Dogecoin really is the new Bitcoin.
Think about it.
- meme proof
- high supply
- low fees
- capable devs
- stability, no political power struggle
- huge fanbase, reallife usecase
- community
- big wow, very profit, much coin -> solid branding

So Dogecoin will become the biggest crypto within a year or so.
Otherwise Loomdart will refund.

I think it will not happen and will never happen, dogecoin will not be a bitcoin, because bitcoin is the strongest coin and dogecoin will be well below bitcoin.
All the features of dogecoin you mentioned here are very good and hope it will help dogecoin’s promotion. Everyone wants to earn huge money in less time and if dogecoin is capable to give good profits to its investors in this day, more people will put their money in dogecoin in the near future. For me bitcoin will be the first priority for investment.
Hafamot
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June 27, 2018, 11:00:04 AM
 #148

Dogecoin is one of my favourite alts as I use it for transactions between exchanges because if the low transaction fee, also Doge have a TOR features on it nodes which makes it awesome. Maybe it is the big supply that is affecting the supply? Maybe not but DOGE really have utility when it comes to transaction.
radjie
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June 28, 2018, 07:00:07 AM
 #149

Dogecoin has existed for a long time in the crypto world and to date only as a type of altcoin but growth can not co-exist with bitcoin. in the year 2014 that I know this type of altcoin Dogecoin is very popular for investors, as time goes by investor interest is decreasing until now.
although investor interest has diminished in this type of altcoin, dogecoin is widely used by crypto users to transfer between exchanges because the cost is very low compared with other altcoin types

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Hannahanto
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June 29, 2018, 06:20:22 PM
 #150

I do not give a false report on Dogecoin being another bitcoin. This can be a good altcoin as like we do have more altcoins but even ETH and BCH are more behind towards bitcoin. But yes you can invest in it now as the coins would be much cheaper now. I  am yet to go through the Dogecoin trend, but still if you pick and invest in any altcoin, it would yield a good profit down the line in long term.
suindendoshi
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June 29, 2018, 06:29:01 PM
 #151

I think You're wishful thinking. You are a dreamer!!!! This coin has long lived, only due to the fact that the time was on the market of altcoins. And so it has a lot of analogues. And in General it is silly to think that this coin has a great future, which you predict.

Kemarit
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June 29, 2018, 07:59:22 PM
 #152

Dogecoin is one of my favourite alts as I use it for transactions between exchanges because if the low transaction fee, also Doge have a TOR features on it nodes which makes it awesome. Maybe it is the big supply that is affecting the supply? Maybe not but DOGE really have utility when it comes to transaction.

Yes, that's one advantage that we all love about Doge. The fees are really low plus its very quick. And if you are gambling, you can used it as well as replacement for bitcoin because almost all top crypto gaming universally accept Doge as well. However, I don't see it becoming the next bitcoin, although the last time I heard is that they have released an alpha 3 update on their source code, but its not enough to push the price. Remember that Doge was created without the intention to compete with Bitcoin. And although is not new either, but at the beginning no one really thought how its going to be transformed that why it never gain any support or traction from the community except for some crypto hobbyist.


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nasar
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June 29, 2018, 08:09:16 PM
 #153

Dogecoin is a cryptocurrency like Bitcoin which was created out of an internet meme.
Yeah, it’s quite wired, at least it was to me when I first got to know about Dogecoin. It’s also quite funny, like, why would someone create a cryptocurrency out of a dog meme?
Jackson Palmer introduced Dogecoin to the world in December 2013. Since then, Dogecoin has seen both bullish and bearish markets, and has simultaneously earned a reputation as a “tipping” currency – meaning you can tip someone instantly using Dogecoins instead of valueless upvotes, likes, and re-tweets.
Dogecoin is famously known as the “joke currency”.
Palmer did indeed found the cryptocurrency as joke, but he did so under the motivation of many people who re-tweeted Jackson’s idea several times.
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June 29, 2018, 08:27:43 PM
 #154

Guys I think that Dogecoin really is the new Bitcoin.
Think about it.
- meme proof
- high supply
- low fees
- capable devs
- stability, no political power struggle
- huge fanbase, reallife usecase
- community
- big wow, very profit, much coin -> solid branding

So Dogecoin will become the biggest crypto within a year or so.
Otherwise Loomdart will refund.
Doge oin can never be the new bitcoin because dogecoin lack the capacity to handle the market and bitcoin as the mother coin can never be replaced by any other coin no matter the stability and flexibility of such coin bitcoin is still the leading figure in the crypto currency world and it market cap still remains the highest.
big_bankir
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June 29, 2018, 08:38:54 PM
 #155

I'm ready to argue with you that DogeCoin will never approach the cost of bitcoin and its popularity. DogeCoin already exists for many years and has not shown any productive growth.
ArnoldChippy
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June 30, 2018, 01:09:38 AM
 #156

Dogecoin is one of my favourite alts as I use it for transactions between exchanges because if the low transaction fee, also Doge have a TOR features on it nodes which makes it awesome. Maybe it is the big supply that is affecting the supply? Maybe not but DOGE really have utility when it comes to transaction.
Yes no doubt that doge is the best currency for investment, although its price is currently trading low, but i think that it will not remain as low for a long time because now people have started taking interest in dogecoin, therefore i think that if someone have some extra money he should invest it in dogecoin and hope that after some time they will get a very good profit from it.

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Cryptogames999
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June 30, 2018, 02:27:05 AM
 #157

I'm ready to argue with you that DogeCoin will never approach the cost of bitcoin and its popularity. DogeCoin already exists for many years and has not shown any productive growth.
I totally agree with you and Dogecoin is worse coin also the developer never may developed it.
BITCOIN is always king in cryptos.

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June 30, 2018, 02:34:18 AM
 #158

i mean it sure does look good this dogecoin. i might invest on it but not as much as actually getting a boat load of it. maybe an initial of 100 USD. i still have most of my holdings on BTC and other top performing coins. it sure looks like Dogecoin actually looks like it has potential but i might still need to study the market more before i actually and seriously get involved in it.

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June 30, 2018, 03:05:05 AM
 #159


In the field of crypto currency long the dogecoin runs and it has long been read and seen in coinmarketcap and in the forum I also read about dogecoin but I think it's been a long time running like bitcoin.
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June 30, 2018, 04:01:49 AM
 #160

Guys I think that Dogecoin really is the new Bitcoin.
Think about it.
- meme proof
- high supply
- low fees
- capable devs
- stability, no political power struggle
- huge fanbase, reallife usecase
- community
- big wow, very profit, much coin -> solid branding

So Dogecoin will become the biggest crypto within a year or so.
Otherwise Loomdart will refund.

I don't think Dogecoin will be the new bitcoin. There is no substitute for it.

The history of Dogecoin and bitcoin is so different that you can judge for yourself.
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