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Author Topic: Reasons DogeCoin coin flip Bitcoin in the future  (Read 252 times)
Trixoempire (OP)
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May 18, 2021, 06:18:30 AM
 #1

1. Better technology transactions speed/fees.
2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
3. Devs are going to improve the technology far more with Elon Musk.
4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
5. Dogecoin will receive mass adoption.
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May 18, 2021, 06:47:23 AM
Last edit: May 18, 2021, 02:49:59 PM by BlackHatCoiner
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 #2

1. Better technology transactions speed/fees.
Dogecoin does not have a better technology of the transactions than Bitcoin. Have you forgotten that it's a fork? It just uses other settings on the block generation. Yes, Dogecoin block size is bigger than Bitcoin's. You should consider though, that this has also its disadvantages, the 1MB Bitcoin block size wasn't a blind guess.

2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
He definitely isn't this kind of person. But what kind of project is Dogecoin? Can you give me an example of a problem that is solved by Dogecoin and only Dogecoin? Why wouldn't someone go with Litecoin for example, which is also faster in transactions than Bitcoin and the majority of its coins isn't owned by whales and big investors. (in contrast with Dogecoin)

3. Devs are going to improve the technology far more with Elon Musk.
Are they going to add non-sense meme texts inside Dogecoin Core like So scarce Very speed gr8 such stuff? The Bitcoin developers work on making Bitcoin a better thing, while Dogecoin copies it. I will grab my popcorn and I'll wait how they'll improve it.

4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
This joke has to someday stop...

5. Dogecoin will receive mass adoption.


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May 18, 2021, 06:48:01 AM
 #3

1. Better technology transactions speed/fees.
What's the technology that has been used on Dogecoin since it's better than Bitcoin, can you explain?
The fees is cheap because the trading isn't really high compared to Bitcoin, however the fees of Dogecoin is going up compared before.

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2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
Pure of speculation, you can't know what he doing behind.

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3. Devs are going to improve the technology far more with Elon Musk.
Still speculation since there's no proof with it, remember yesterday? he said tesla has sold Bitcoin holdings and then he create new tweet to clarify tesla didn't sold any Bitcoin.

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4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
I wonder where you read Dogecoin will become stable coin Tongue , many people will disappointed because holding Dogecoin isn't profitable.

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5. Dogecoin will receive mass adoption.
This because Elon Musk hype and anyone want to get instant profit.

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NeuroticFish
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May 18, 2021, 06:57:09 AM
 #4

First of all, what does this altcoin talk do on Bitcoin discussion?!

2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.

Right. We'll see in a couple of years. Rich guys get easily bored of their toys. So.. yeah..

3. Devs are going to improve the technology far more with Elon Musk.

The bigger problem of the technology is it's tail emission (google it), which is way too big and it's by design.
So the proper way to improve it is to make a new coin.

4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.

You have to learn what stable coin means. And Dogecoin is accepted by most exchanges and it didn't help it. And the merchants had so many years to accept it, they do accept Bitcoin and still didn't accept Dogecoin. Why that? Because it's .. "superior"?

5. Dogecoin will receive mass adoption.

Only on Reddit and 9gag.


Dogecoin used to have a great community. Now greed seems to take over. It's OK to have dreams, but please do a reality check now and then.

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May 18, 2021, 07:06:40 AM
 #5

I am not interested in stable coin. I am here for investment. Although Doge coin will make cooperation with Elon Musk but if I can't get profit from it then it is useless for me. I like bitcoin with it's volatility and deflation. I will buy more bitcoin when it price lower than now.

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May 18, 2021, 08:20:29 AM
 #6

1. Better technology transactions speed/fees.
2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
3. Devs are going to improve the technology far more with Elon Musk.
4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
5. Dogecoin will receive mass adoption.

1. Better technology transactions speed/fees.

I have personally chosen Dogecoin because of its very low fees and high trading volume per day with low fees, and this is one of the first and most important reasons for the popularity of Dogecoin.

3. Devs are going to improve the technology far more with Elon Musk.

I'm not so sure about that. It would be better if the developers did not focus on one person and focus on the project and its implementation, because we all saw what happened to Bitcoin.
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May 18, 2021, 10:11:52 AM
 #7


I am not against Dogecoin or any coin/token for that matter. But why should it rise be the demise of Bitcoin? Oh wait, it must be because of Mr. Elon Musk. For the past many months, the words of this man have become like a biblical quote that his followers and minions have to follow to the T. I am not against Elon Musk either, and I even admire his entrepreneurship streak -- in fact I envy his story. However, I don't think that any man or any personality should be given that power to influence Bitcoin. He is not an insider of Bitcoin. He was not there when Satoshi Nakamoto  was then conceiving of the idea, and he was not there when the first purchase was made...hell he did not eat any of the pizza purchased. And he is planning to be leaving Earth soon...to Mars. Well, he can take Dogecoin to Mars if that is what he wants, I don't have any problem with that either.

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May 18, 2021, 10:28:57 AM
 #8

All of your reasons are predictions. If that's how you're going to build your argument, I could do the same with literally any coin, bitcoin as well.

Dude, if you want to increase your doge community, there's a better place and a better way to do so. Blatantly shilling with optimism is not going to work.

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May 18, 2021, 10:48:46 AM
 #9

How come that you only posted this kind of thing now that Elon is hyping it up, this post could've happened a long time ago but you did it, how strange don't you think OP because I am sure that's called a bandwagon.

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May 18, 2021, 10:57:44 AM
 #10

1. Better technology transactions speed/fees.
good point here +1 on that.
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2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
What ? do you hear yourself? Elon had leave Bitcoin in tin air after making some good start , is this the man that does not leave what he started?
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3. Devs are going to improve the technology far more with Elon Musk.
Says who?  any specific ideas or road map to prove this claims? or just a Hearsay.
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4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
You are wishing right? with no assurances .
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5. Dogecoin will receive mass adoption.
You are dreaming right? try to wake up.

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May 18, 2021, 11:03:46 AM
 #11

1. Better technology transactions speed/fees.
2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
3. Devs are going to improve the technology far more with Elon Musk.
4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
5. Dogecoin will receive mass adoption.

Do you really believe that? Elon musk is only hyping that coin for sure he don't have plans to stick with it for long term period. Remember he also hype bitcoin before and now he's starting to dump it and for sure it will be the same with Doge coin. Better to wake up than be left bag holding.

R


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May 18, 2021, 11:13:02 AM
 #12

Dogecoin is a joke coin and I do not believe in jokes. I do agree Bitcoin does have issues but it is far better than the meme coin in every aspect. Just because a single celebrity is blindly supporting it does not mean it is the greatest cryptocurrency ever created.

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May 18, 2021, 11:37:28 AM
 #13

I am a Dogecoin holder and no doubt that I love this to happen . but the idea can't sink in my mind for now because Even Ethereum can't get that close to Bitcoin so what more Dogecoin that has billions of coins and not even get close to 10% of Market capitalization of bitcoin? do this sounds Impossible for our time now.









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May 18, 2021, 11:42:45 AM
 #14

I am not interested in stable coin. I am here for investment. Although Doge coin will make cooperation with Elon Musk but if I can't get profit from it then it is useless for me. I like bitcoin with it's volatility and deflation. I will buy more bitcoin when it price lower than now.

This is precisely why I'm reluctant on buying BTC. The coin was created to be used on daily transactions, not to be stored and collect dust (literally.) You see, the majority of BTC holders (and there's no shame in that) are in it for the profits, not for the ideology. Only few members here on this forum believe in the BTC concept.

Now getting back to topic, how will BTC gain value in the future if the majority of holders are greedy? This is the main reason why I believe BTC will fail and a competitive coin will take place (or serve its purpose as a global currency.) The whales are also a threat to BTC

As many have said, it is a speculative asset and holds no real value (you are buying it expecting great profits in the future, not because you want to utilize it!)

I think it will be a collectible item in the future (explains why it has value) and never experience mass adoption.
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May 18, 2021, 11:49:57 AM
 #15

1. Better technology transactions speed/fees.
2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
3. Devs are going to improve the technology far more with Elon Musk.
4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
5. Dogecoin will receive mass adoption.
Lol,

1. What do you think will happen if Doge becomes bitcoin, with no development, sooner or later the speed and fees are going to get high.
2. Lol, Just because Elon Musk back it up means that it will be mass adopted or at least gain support.
3. Just check the official github repo and you will see that there are no updates in the last couple of years
4. So far only gambling sites are accepting bitcoin besides exchanges
5. Are you really that serious? telling us that it will be mass adopted in the future.

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May 18, 2021, 02:58:47 PM
 #16

1. Better technology transactions speed/fees.
2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
3. Devs are going to improve the technology far more with Elon Musk.
4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
5. Dogecoin will receive mass adoption.

1. DOGE's technology is just a clone from Bitcoin and it's worse than recent new projects.

2. Elon Musk is a trader and he will take profits if he makes enough profit. Elon Musk is only interested in his companies like Tesla, SpaceX and the technologies that make him money in the long run.

3. Developers have self-respect and they don't spare the effort to develop a meme project.
They can monetize new projects more easily. There are more new blockchains in need of their development than something renovating like DOGE.

4. As far as I know, DOGE is only used for gambling.

5. DOGE transaction fees on exchanges average $5 and between wallets $1 per KB. How DOGE adoption will happen when the risk on DOGE's value is large. As many as 101 wallets hold about 67% of the total supply and DOGE is manipulated by Elon Musk's tweets. If one day he Fud back to DOGE it would be a downfall.

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May 18, 2021, 03:05:51 PM
 #17

I am not interested in stable coin. I am here for investment. Although Doge coin will make cooperation with Elon Musk but if I can't get profit from it then it is useless for me. I like bitcoin with it's volatility and deflation. I will buy more bitcoin when it price lower than now.

Well said. We can only think of Dogecoin as a source of quick income. Keeping it as an asset can be too dangerous.
And it should be better to not compare Dogecoin with Bitcoin.
Dogecoin came into notice only due to of the owner of Tesla, Elon Musk.
And that too Elon Musk used it for his own profits in order to make himself some quick sort of money.
I am sure Bitcoin will again comeback and with this time even with greater fanbase than Doge.
Let’s see what happens next.

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May 18, 2021, 03:15:54 PM
 #18

More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
I doubt it. Dogecoin may be getting used for mid term to long term investment options and I am sure no new technology will get power to beat bitcoins. Even there would be some all new technology will be incorporated into dogecoins, I am not ready to speculate like it will get power to flip bitcoins.

Probably dogecoin may compete against ethereum in near future. People will switch over to dogecoins from ethereum for short/long term benefits and I am seeing lots of possibilities for their success as well. Anyway as of now, we need to wait for Elon Musk to confirm whether he will continue with dogecoin or going to create an all new coin.

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May 18, 2021, 03:21:34 PM
 #19

The only reason doge go up is because of Elon Musk nothing else
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May 18, 2021, 08:25:40 PM
Last edit: May 18, 2021, 08:47:41 PM by adzino
 #20

1. Better technology transactions speed/fees.
2. Backed by a dedicated billionare that he commits to his projects. Elon Musk is not a type of guy who start something and leave it on the dust.
3. Devs are going to improve the technology far more with Elon Musk.
4. More exchangers, merchants start to accept Dogecoin and it becomes stable coin.
5. Dogecoin will receive mass adoption.

1. Not really. But if you really think so, then why don't you explain how it has a "better technology"?

2. Which means if they stop "supporting" or "backing" it up, it would be a disaster. Better to have support from "general mass public" than to have 2 or 3 billionaires who can exert influence on the price.

3. Source? I have heard Elon has been working with them since late 2019, but haven't seen anything new. But if that guy is serious (and I think he is), then its going to be interesting.

4. Lol. Stable coin.

5. And when the hype dies, the "mass" adoption dies too.

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