Will Doge Success Force Bitcoin to Improve

[SaShiRaJaVu]

Doge is having outstanding success in Price and utility usage increases.
Some believe this is due to the facts
Doge has Greater Onchain Transaction Capacity than Bitcoin
Transferring the same $100 fiat value in Doge & Bitcoin
Doge only ~50 cents
Bitcoin costs ~ $23

If you follow the market and the top coin development you will understand that even the Dogecoin developers were shocked about the price rally and they rushed to implement the upgrades when the price started to rally and the network started to show slowdown. So do not claim about the onchain capacity of Doge .

Blockspeed
Doge   1 Minute
BTC   10 Minutes

If you think that lower the block speed will improve the speed of transaction then think about what happened to ETH as the block speed is a few seconds and yet you need to spend huge amount of money for transaction.

 

Should we all just bite the bullet and recognize that bitcoin use as a digital currency is dead,
and it only has investment value verses fiat, but too expensive for the normal guy to transact onchain.

If you are not urgent in making a transaction then you can still process the transaction at lower fees and you will get it confirmed within a day.

[Chato1977]

Doge is having outstanding success in Price and utility usage increases.
Some believe this is due to the facts
Doge has Greater Onchain Transaction Capacity than Bitcoin
Transferring the same $100 fiat value in Doge & Bitcoin
Doge only ~50 cents
Bitcoin costs ~ $23

Blockspeed
Doge   1 Minute
BTC   10 Minutes

Question is ,
What will it take for bitcoiners to make blockstream quit limiting bitcoin onchain capacity in favor of blockstream offchain shenanigans such as LN and Liquid?

Or

Should we all just bite the bullet and recognize that bitcoin use as a digital currency is dead,
and it only has investment value verses fiat, but too expensive for the normal guy to transact onchain.

FYI:
I do believe BTC price will increase forever verses fiat,
but I also believe that altcoins such as doge will be the choice for the masses due to the transaction fee differences.

So What do you think?

Good Point , When Ethereum did not made this thing triggered i guess with Dogecoin on the seen , Bitcoin will be more progressing in the next days because if not then this will be eaten by altcoins that popping really good these days and in the next years.

[Alucard1]

I still cant considered Doge as a success because it is not built up by a lot of people who trust this kind of altcoin unlike coin which has been respected by a lot of people and a lot of businesses and companies are bow holding huge amounts of bitcoin. Doge just pumped because of influential person Elon Musk who just manipulating the market, if that is only the case then it is not a kind of success for me.

[thirdprize]

BTC is good enough for what it is used for.  Digital gold.  No one really cares about BTC transaction times as no one uses it for anything that requires a fast turn around.  How long has the LN been around now?  Ethereum is a better comparrison.  Their devs want to make it smaller and faster because (like it or not) there is practical uses for ethereum and its smart contracts.  When Eth 2 comes along and NFT costs disappear, you can kiss BTC good bye.

[perfect999]

Bitcoin has been having this problem with transactions for long now, the fees for transactions has really gone up. Someone had to do a small transaction of $75 and had to pay around $20 for the transaction, it’s quite discouraging , since you know that the money you have is going to cost you a lot to withdraw, by the time you’re done with sending it you’re going to be losing almost of it if not all.

You can’t even make a small transaction like about $10 or so, because of this same transaction fees that are too high. I don’t know for how long we are going to continue with this because I am already seeing that a lot of people are getting tired of it.

[XUR_TIP]

Doge is having outstanding success in Price and utility usage increases.
Some believe this is due to the facts
Doge has Greater Onchain Transaction Capacity than Bitcoin
Transferring the same $100 fiat value in Doge & Bitcoin
Doge only ~50 cents
Bitcoin costs ~ $23

Blockspeed
Doge   1 Minute
BTC   10 Minutes

Question is ,
What will it take for bitcoiners to make blockstream quit limiting bitcoin onchain capacity in favor of blockstream offchain shenanigans such as LN and Liquid?

Or

Should we all just bite the bullet and recognize that bitcoin use as a digital currency is dead,
and it only has investment value verses fiat, but too expensive for the normal guy to transact onchain.

FYI:
I do believe BTC price will increase forever verses fiat,
but I also believe that altcoins such as doge will be the choice for the masses due to the transaction fee differences.

So What do you think?

Highly over exaggerated, I move 800$ worth of BTC with just 1$+ yesterday so I don't know where you getting that 23$ per transaction on BTC network from, the only thing you get right is faster transaction speed but honestly that's all that dogecoin have to offer

[Similificator]

Calling dogecoin as a success let alone comparing it to bitcoin is just unreasonable in my opinion. There are a lot of greater altcoins out there that are actually very useful. And here you are comparing dogecoin to bitcoin instead. Because of what? Huge price surge? Oh please. With the distribution of supply and the reason for its price surge, I assure you, it will dump one way or another if the ones who hold big bags or Elon Musk sells. Heck, even with just words from this guy can make this coin crash. Better make dogecoin a temporal profit generating coin than making it a long term investment. And if usability is what you are after, you will drown if you actually go and look at all the choices available in the market today.

[TangentC]

Doge is having outstanding success in Price and utility usage increases.
Some believe this is due to the facts
Doge has Greater Onchain Transaction Capacity than Bitcoin
Transferring the same $100 fiat value in Doge & Bitcoin
Doge only ~50 cents
Bitcoin costs ~ $23

Blockspeed
Doge   1 Minute
BTC   10 Minutes

Question is ,
What will it take for bitcoiners to make blockstream quit limiting bitcoin onchain capacity in favor of blockstream offchain shenanigans such as LN and Liquid?

Or

Should we all just bite the bullet and recognize that bitcoin use as a digital currency is dead,
and it only has investment value verses fiat, but too expensive for the normal guy to transact onchain.

FYI:
I do believe BTC price will increase forever verses fiat,
but I also believe that altcoins such as doge will be the choice for the masses due to the transaction fee differences.

So What do you think?

Highly over exaggerated, I move 800$ worth of BTC with just 1$+ yesterday so I don't know where you getting that 23$ per transaction on BTC network from, the only thing you get right is faster transaction speed but honestly that's all that dogecoin have to offer

Good for you, it cost me $23 from an exchange so I exaggerated nothing.

Calling dogecoin as a success let alone comparing it to bitcoin is just unreasonable in my opinion. There are a lot of greater altcoins out there that are actually very useful. And here you are comparing dogecoin to bitcoin instead. Because of what? Huge price surge? Oh please. With the distribution of supply and the reason for its price surge, I assure you, it will dump one way or another if the ones who hold big bags or Elon Musk sells. Heck, even with just words from this guy can make this coin crash. Better make dogecoin a temporal profit generating coin than making it a long term investment. And if usability is what you are after, you will drown if you actually go and look at all the choices available in the market today.

If you can't recognize the incredible price increase verses fiat in such a small amount of time as a success ,
well then you are looking at the world in a much different way than the rest of us.

I am comparing doge to btc,
because technically it is superior in speed and onchain transaction capacity,
which is why I question when will the bitcoin developers actually increase BTC onchain transaction capacity?
And from the look of the responses , bitcoiners are ok with a ~60 cent dogecoin being superior to BTC $60000 coin in onchain transaction capacity.
Bitcoiners mistake is thinking JohnQ public is not going to compare Doge with BTC,
and you can make all the hashrate arguments you like,
JohnQ is only going to see low price transaction fees and incredible rising price % of Doge over BTC.

[devollito]

You need to pay more in term of security, btc is more secure then doge blockchain. And this is also happen to ethereum. Ethereum has the most expensive transactions in cryptocurencies but people still use ethereum. Bitcoin does not need any improvement for now.

[semobo]

I don't believe that Doge becomes a successful coin due to the fast block speed and it is pushing the price of BTC further. Nope, even if people think that DOGE is better then the price of BTC should decrease while DOGE is increasing.

Doge pumped by Elon Musk then most of the rich people started to keep an eye on DOGE so it was raising beyond the expectations but its a short hype for sure.

[cotton ball]

talking dogecoin and bitcoin is very interesting because hype doge is very high and it gives a big surprise to people who have long been in the world of crypto will become rich people if they buy Dogecoin and hold it until now may become new billionaires Dogecoin delivers great surprise in cryptocurrency no less bitcoin has also become a topic of conversation around the world because the price increase is so high that people are increasingly interested in investing.