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Author Topic: Why Bitcoin is taken more seriously than Dogecoin?  (Read 216 times)
Dheeraj Kumar Singh (OP)
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February 14, 2018, 02:50:14 PM
 #1

can any one tell me?
RodeoX
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February 14, 2018, 02:52:32 PM
 #2

A coin based on joke is no competition for bitcoin. Look into the history of Doge and you will see that it was a joke coin from a popular meme.

Quote
Dogecoin (/ˈdoʊʒkɔɪn/ DOHZH-koyn,[3] code: DOGE, symbol: Ð and D) is a cryptocurrency featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo.[4][5] Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014.[6]

Source = https://en.wikipedia.org/wiki/Dogecoin

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February 14, 2018, 03:08:25 PM
 #3

One reason could be that it's a Meme Coin. But it became pretty serious business back in 2014.
Imho Dogecoin is not taken seriously is because it's an inflationary coin. The supply is not limited and each block still brings 10k new DOGE into circulation.

Dogecoin is wonderful for learning, but its value means less and less every day. And in this business, if there's no money involved, it's not serious.

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Evangeline2
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February 14, 2018, 03:10:02 PM
 #4

Dogecoin development and the development of the currency cannot compare, and dogecoin propaganda don't have the currency do good propaganda, fans number is very few, so dogecoin fundamental and the currency can not be compared.

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February 14, 2018, 03:13:50 PM
 #5

The obvious reason would be because bitcoin it is the first digital currency ever made.  All existing and emerging cryptos are based on bitcoin   Its prices are likewise based on bitcoin.  So obviously since bitcoin is well known compared to dogecoin, investors will choose bitcoin.
Dheeraj Kumar Singh (OP)
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February 14, 2018, 03:14:27 PM
 #6

So according to you Dogecoin is better then the Bitcoin?
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February 14, 2018, 03:25:11 PM
 #7

So according to you Dogecoin is better then the Bitcoin?
Not me. Bitcoin is the idea, alt-coins are variations of the idea. Mostly they are scams to fix bitcoin's big problem. The problem being that the developer does not have your money. So if you can't compete with fair money (bitcoin), then change the rules and make an alt that favors you.

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February 14, 2018, 03:30:07 PM
 #8

Bitcoin is more popular than Dogecoin or any others coins exist. It was more invested by many people and the best of all, it has the highest value in the market compare to other coins. That is why many people take seriously on bitcoin than any other coins.
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February 14, 2018, 03:39:11 PM
 #9

Of course because bitcoin is more popular than dogecoin, or even more popular than other coins out there.
Many people know about crypto currency first because they discovered bitcoin, knowing news about bitcoin, and heard news about how great bitcoin is.
Rather than news and impact about dogecoin, it's not comparable to bitcoin.
That's why bitcoin surely is better, and taken more seriously by people out there than bitcoin.

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February 14, 2018, 04:03:47 PM
 #10

The obvious reason would be because bitcoin it is the first digital currency ever made.  All existing and emerging cryptos are based on bitcoin   Its prices are likewise based on bitcoin.  So obviously since bitcoin is well known compared to dogecoin, investors will choose bitcoin.
When compared to the dogecoin, bitcoin being the first digital currency ever made would be a lousy line of reasoning in my opinion. Have you ever taken a look at the circulating supply of dogecoin that is in billions while the total supply of bitcoin is a mere 21million ever to be minted? You think supply doesn't count in determining the value of a coin? It does, of course. Wait until something is added to the total bitcoin supply and you will see how it will plunge like BCC did from a height if $360+ to $15+  as soon as its ponzi game was over.

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February 26, 2018, 10:56:44 PM
 #11

Bitcoin is more popular than Dogecoin or any others coins exist. It was more invested by many people and the best of all, it has the highest value in the market compare to other coins. That is why many people take seriously on bitcoin than any other coins. Dogecoin is not taken seriously is because it's an inflationary coin. The supply is not limited and each block still brings 10k new DOGE into circulation.  Dogecoin is wonderful for learning, but its value means less and less every day. And in this business, if there's no money involved, it's not serious. A coin based on joke is no competition for bitcoin. Look into the history of Doge and you will see that it was a joke coin from a popular meme.
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February 26, 2018, 11:02:16 PM
 #12

Is this a joke? While Dogecoin community is more friendly (and funny), they don't have any clear roadmap or plans for their future development which means most cryptocurrency will beat Dogecoin in technology which means Dogecoin won't have any advantage in future.

So, joke coins without development can't be taken seriously.

Mainly the reason why dogecoins did not grow for the past few years, it has no clear roadmap and development plans for the future. So nobody would invest in it, so it cannot be compared with bitcoin

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February 26, 2018, 11:14:53 PM
 #13

can any one tell me?

Knowing that bitcoin is known than dodgecoin is not really a big deal. It is just a matter of choice where you choose to invest and of course referring to its valur. To be honest, I don't even know what dodgecoin is. Bitcoin is known through out the years and I guess accounted for being the pioneer cryptocurrency.

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February 26, 2018, 11:25:33 PM
 #14

Website hasn't been updated for over 3 years, the website is not secured, the maker of it is a joke, there are billions of it circulating, there is no developement team behind, the last commit on GitHub was 2 months ago and before that, twoo years, even.

The only hope the coin had was Exodus, and they removed it from their wallet...
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February 26, 2018, 11:32:18 PM
 #15

Dogecoin is coin created for fun.
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February 26, 2018, 11:33:18 PM
 #16

can any one tell me?
Bitcoin is the number one cryptocurrency, bitcoin created before dogecoin created. Bitcoin has the biggest market cap among all cryptocurrency. Bitcoin is where we unite, although there is no bitcoin developer that appear but most of people are put their thrust on bitcoin. There is no cryptocurrencies that more important than bitcoin.
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February 26, 2018, 11:37:14 PM
 #17

Are you asking seriously? How such strange question can came to your head?
Bitcoin is a father of crypto and Dogecoin is just an joke currency. Dogecoin don'thave active developers and it's just copycat coin without big perspectives.
Only 21 million Bitcoin will be mined, while Dogecoin have unlimited supply. It tells enough about both Bitcoin and Dogecoin.
Dogecoin is wonderful for learning, but its value means less and less every day. And in this business, if there's no money involved, it's not serious. A coin based on joke is no competition for bitcoin. Look into the history of Doge and you will see that it was a joke coin from a popular meme.
You're not right. It's enough to look at price charts. Despite factors that you mentioned, Dogecoin price are going up slowly. Just look how much Doge price increased within a year.

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February 28, 2018, 11:01:17 PM
 #18

Dogecoin is a literal joke. Started as a meme. Somehow it gained momentum and is now a billion dollar company haha. Bitcoins the original coin with the best security and the largest market share
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February 28, 2018, 11:14:13 PM
 #19

maybe dogecoin because it has a very large supplay total, and the price is very cheap. while the bitcoin supplaynya very limited only 21 million. probably because many people say dogecoin is not serious, but dogecoin is good enough to be a long-term investment option
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February 28, 2018, 11:29:00 PM
 #20

     If you compared doge to bitcoin it's far different. Just takr a look in the market bitcoin has a huge demand and community compared to bitcoin. Bitcoin has a limited supply which makes bitcoin valuable while dogecoin has unlimited supply that makes it's value down. Always demand and supply has a big and important rule for every coins in the market to become valuable and popular.
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