palle11 (OP)
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April 29, 2021, 03:09:55 PM |
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Dogecoin has been different kinds of low level names in the past and in the present but the altccoin seem to have woken up to prominence and maybe it could keep sustaining the move as some altccoins like bnb, xrp, Ada, ethereum have done. Despite the name calling, the growth of dogecoin has really gone pass many so called promising coins and it is now at the 7th spot in crypto ranking. Therefore, maybe dogecoin can get to $20,000 and above in 5 years time just like this user predicted the price of bitcoin in the beginning
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semobo
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April 29, 2021, 04:06:05 PM |
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Maybe I could be wrong but I want to say the same thing what the first reply in his thread, its impossible. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Hope I should be wrong! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Sparrow96
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April 29, 2021, 04:08:10 PM |
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Predicting 20,000 $ for dogecoin is too much unrealistic. Dogecoin is a meme coin. It's pumping because of hype. You can not match dogecoin with Bitcoin. If hype over Dogecoin will start dumping. It may pump further but I believe it will never go 20000$.
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rahmathidayat93
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April 29, 2021, 04:17:37 PM |
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Dogecoin has been different kinds of low level names in the past and in the present but the altccoin seem to have woken up to prominence and maybe it could keep sustaining the move as some altccoins like bnb, xrp, Ada, ethereum have done. Despite the name calling, the growth of dogecoin has really gone pass many so called promising coins and it is now at the 7th spot in crypto ranking. Therefore, maybe dogecoin can get to $20,000 and above in 5 years time just like this user predicted the price of bitcoin in the beginningWhat you are saying is true, but it would be too far to think about $ 20,000 in a 5 year timeframe because that is such a long time that it will feel very early to think about it now and there will be a lot of things that could happen in those 5 years after all.
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livingfree
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April 29, 2021, 04:18:31 PM |
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That's an incredible price.
Maybe that's comparable to that thread but I'd say that it's very unlikely to see Dogecoin at that price. Bitcoin is bitcoin.
That thread was made early this year and that's the craze and strength of bitcoin that still in effect until now. 129 billion supply * $20,000 for its price.
It needs to have $2,580,000,000,000,000. That's too much and I think if that's for the market cap, it's likely to happen on bitcoin but not with Doge.
But still, good luck to the strong holders of Doge.
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danherbias07
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April 29, 2021, 04:21:14 PM |
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Maybe I could be wrong but I want to say the same thing what the first reply in his thread, its impossible. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Hope I should be wrong! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Oh you will. It's not Bitcoin at all so there is a very little chance it could go way up $20k. I looked at the old thread and one say impossible $50k for Bitcoin. But that was Bitcoin which started the crypto technology. Doge didn't start it and there's a big competition out there. Money is divided to different altcoin and Bitcoin so there is hardly a chance for another coin to just step up and do the impossible again. Maybe if Bitcoin dies. But that means a huge fall for every altcoin out there when trust goes down.
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KillHawk8
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April 29, 2021, 04:28:11 PM |
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$420 at most . ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Gayong88
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April 29, 2021, 04:32:45 PM |
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When viewed from the development of Doge, it is possible but all need process and support from many parties, and any possibility can happen because this is the world of Crypto. If tokens like Doge get more and more demand I am sure Doge will grow fast future.
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South Park
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April 29, 2021, 04:44:05 PM |
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Dogecoin has been different kinds of low level names in the past and in the present but the altccoin seem to have woken up to prominence and maybe it could keep sustaining the move as some altccoins like bnb, xrp, Ada, ethereum have done. Despite the name calling, the growth of dogecoin has really gone pass many so called promising coins and it is now at the 7th spot in crypto ranking. Therefore, maybe dogecoin can get to $20,000 and above in 5 years time just like this user predicted the price of bitcoin in the beginningThe price is so unrealistic that I do not know where to begin, I doubt there is so much money around the world for dogecoin to reach that price, the entire economy of 100 earths could not be enough to see such a high price for dogecoin and that is assuming every single transactions was dealt on dogecoin, look I understand that you are bullish about dogecoin but if you are making a prediction at least take the time to see if it is even possible for your favorite coin to reach such a high price.
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sujonali1819
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April 29, 2021, 05:07:13 PM |
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Op are you crazy man? Your prediction is really insane what could not be accepted by most of the people here. Did you imagine if doge coin would reach, 20'000 usd in next 5 years then how much need to go BTC?
To be honest I am afraid how much time doge can keep this price if elon musk don't tweet for it’s for a month. Lol
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Little Mouse
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April 29, 2021, 05:10:46 PM |
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You have no idea how supply and price act. Dogecoin supply is unlimited and we have 10000 DOGE increased in the supply on every 1 minute. Have you any idea how would affect it in long time. Even I think $0.47 (ATH) is quite high for Doge. It got the hype because Elon Musk is shilling for this coin heavily. But someday, no such shilling will affect crypto anymore.
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Teknisi88
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April 29, 2021, 05:18:38 PM |
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Dogecoin has been different kinds of low level names in the past and in the present but the altccoin seem to have woken up to prominence and maybe it could keep sustaining the move as some altccoins like bnb, xrp, Ada, ethereum have done. Despite the name calling, the growth of dogecoin has really gone pass many so called promising coins and it is now at the 7th spot in crypto ranking. Therefore, maybe dogecoin can get to $20,000 and above in 5 years time just like this user predicted the price of bitcoin in the beginningIt seems illogical for Dogecoin to reach $ 20,000 per unit for 5 years, because for now the price of Dogecoin has not reached $ 1 so it will take a long time to reach $ 20,000 and it is impossible to achieve it within 5 years.
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cryptoperkele
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April 29, 2021, 05:26:56 PM |
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At this point, almost anything could happen in 5 years. 20k doesn't seem plausible but dogecoin might as well be worth lot more. Like $200 in 5 years, and there's going to be a bear market before that where dogecoin will take a hard dive, that's for sure. But when something does have basically only meme value without any delevopement or any other originality then doge brand, why would it hit 20k?
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ijeb
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April 29, 2021, 05:30:36 PM |
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Most of the Doge supply is held by a few wallets. So what do you think will happen when they will start dumping? Assuming a large interest in Doge means that the circulating supply will decrease and sky rocketing the price but after that everyone will basically start buying Doge from those whales. Again, what will happen to the price when the whales will hit the interest price point and will sell everything just to reinvest in a real use crypto.
I've seen a lot of charts and they never lie. Please be careful investing in Doge for a long term but if you are a day trader you can easily do it.
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ChrisPop
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April 29, 2021, 05:35:41 PM |
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This is what is called wishful thinking. It is hardly likely for DOGE to even survive in the next 5 years, not even talking about multiplying thousands of times. My arguments are below:
1) DOGE is a meme coin. 2) It does not have a hard-cap on its supply like Bitcoin. 3) I haven't seen any institution touching it.
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SquallLeonhart
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April 29, 2021, 05:40:46 PM |
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Dogecoin has been different kinds of low level names in the past and in the present but the altccoin seem to have woken up to prominence and maybe it could keep sustaining the move as some altccoins like bnb, xrp, Ada, ethereum have done. Despite the name calling, the growth of dogecoin has really gone pass many so called promising coins and it is now at the 7th spot in crypto ranking. Therefore, maybe dogecoin can get to $20,000 and above in 5 years time just like this user predicted the price of bitcoin in the beginningWhy you stopped at $20k and not speculating about $100k or one million dollar for one dogecoin? After all, I still doubt that dogecoin will manage testing $1 level or not. Because, if Elon Musk feels tired or gets busy into something then he may start forgetting to tweet about dogecoins any more; anything will be possible to make him forgetting about dogecoins then I am sure dogecoin cannot enjoy rides like how it is doing right now. After getting into $1 level, it needs to grow 20k times to make your speculation true; hence I prefer to hold on as of now until dogecoin get into $1 level and then we may debate about further 20k times growth.
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nightwishx
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April 29, 2021, 05:41:12 PM |
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There is no real use case other than as a meme, it is used as a pump dump coin from whales. painful enough, but even $1 is a pretty tough number to doge. Unless they make a breakthrough and get Doge into a great use case I'm sure there might be some hope, but at the moment it's almost impossible to break that number.
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ChrisPop
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April 29, 2021, 05:45:55 PM |
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There is no real use case other than as a meme, it is used as a pump dump coin from whales. painful enough, but even $1 is a pretty tough number to doge. Unless they make a breakthrough and get Doge into a great use case I'm sure there might be some hope, but at the moment it's almost impossible to break that number.
Even if they get a usecase, why would someone use dogecoin instead of other cryptocurrency? I know I wouldn't because a currency that contains the word DOGE and has a shiba dog as a logo does not inspire me trust.
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Musekay
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April 29, 2021, 05:46:34 PM |
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$20,000 woow thats a huge step to climb. They might get there someday if they really put in strong work and initiatives but achieving that in 5 years thst sounds kind of unrealistic
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yat97
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April 29, 2021, 05:49:15 PM |
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Maybe 10 bucks but lets talk about that when, or if.... it reaches a dollar first.
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