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Author Topic: A vital question about doge coin  (Read 379 times)
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May 28, 2021, 08:01:20 AM
 #21

Nope, i think that wouldn't happen because doge coin is just a meme coin and the price is trully manipulated, it's getting high because of the hype. If elon really want to make something in cryptocurrency they must create his own coin rather than that. So i think doge will just a hype season coin

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May 28, 2021, 08:05:45 AM
 #22

Is it possible that in future doge coin Devs will finally add a utility to the project? I mean of Elon Musk really want to make something out of dogecoin lack of utility will draw it back I believe so is it too late to add utility to doge?
I don't think dogecoin can bring anything new to the table, what utility do you think it will have that will make it unique or not found in several coins on the market?, the crypto market is filled with thousands of coins offering almost the same utility nothing new, I'm not sure there's any utility left to add to dogecoin, there's nothing new in the market anymore, don't stress your self about those tweets, it's not certain that he really wants to make a utility for dogecoin.

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May 28, 2021, 08:26:27 AM
 #23

Nope, i think that wouldn't happen because doge coin is just a meme coin and the price is trully manipulated, it's getting high because of the hype. If elon really want to make something in cryptocurrency they must create his own coin rather than that. So i think doge will just a hype season coin

Absolutely agree with you, I think dogecoin has risen because of the hype that created by Elon Musk.
Dogecoin itself will not be at this hype if Elon Musk did not tweet, this is my trully opinion. Also I dont think Dogecoin price will increase even more in the future.

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May 28, 2021, 09:59:29 AM
 #24

I don't know if Elon Musk is really the core team of Dogecoin or just just the dogecoin hype. But if you ask about doge utility, I think doge will be much better if added utility, because if this coin is only used as pump and dump. then there will be a lot of people who manipulate, if Elon Musk takes over the doge and develops it well, maybe he will regain trust.

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May 28, 2021, 10:31:19 AM
 #25

There is no possible hopes for the dogecoin in the future. These meme coins has no real use and it only increase the value through hype alone making the tweet of this influential man on twitter which create a big speculation in some traders and investors to invest.

I would not go so far as to say this. Everything is possible in crypto and today doge price in reference to BTC already proves the impossible can happen and maybe there is even a future space for it. But agree for other memecoins they are merely alts of an alt and have no place in the longterm crypto market.

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May 28, 2021, 10:43:18 AM
 #26

I don’t believe in Elon’s bs, he’s only playing in crypto market and don’t take it too seriously when he tweets about Dogecoin. I will only believe him if he helps Bitcoin miners with ecologically efficient mining if he’s really want to contribute in crypto space, because if he keeps pushing the meme coin he’s only a bug joke to the crypto community.
what the thing elon's doing only to shill doge coin, he is trying to attract new investors and especially learn about usecase. actually elon want to say to us, why this meme coin could rise alot meanwhile coins with several usecase still not moved yet. marketing was important to make investors aware, and elon teach us about it.
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May 28, 2021, 10:49:04 AM
 #27

I recall Elon musk made a tweet asking followers if they want dogecoin to be accepted for purchasing tesla, I believe that most persons was positive about dogecoin servicing as a medium of exchange for Tesla. I'm personally convinced that Elon musk could make something out of dogecoin as it relates to the development and utility. It's only a matter of time and we'll see how it unfolds.

If Tesla accepts Doge as payment for the car, it could create another hype around the coin, as it did with BTC. But no one will use dogecoin as a payment, just as no one used bitcoin as a payment for a car at the time when such a payment method was available on the Tesla website.

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May 28, 2021, 10:57:32 AM
 #28

Is it possible that in future doge coin Devs will finally add a utility to the project? I mean of Elon Musk really want to make something out of dogecoin lack of utility will draw it back I believe so is it too late to add utility to doge?
Elon Musk is not the creator of the project nor he is being a part of the project as well, he simply speculating it and making money so he will jump to another coin when he knows that he got all the juice out of doge coin and its holders.
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May 28, 2021, 11:13:16 AM
 #29

Is it possible that in future doge coin Devs will finally add a utility to the project? I mean of Elon Musk really want to make something out of dogecoin lack of utility will draw it back I believe so is it too late to add utility to doge?
One question from me, why should Dogecoin? Isn't there any other coin worth adding utility to the project?
because I think Dogecoin is just a coin for fun for a while, not forever.
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May 28, 2021, 03:50:09 PM
 #30

I did some research and I was surprised that DOGE was able to reach like up to 73 cents a coin. I mean I am not familiar with the workings of DOGE and how Elon Musk claims that he is in talks with the developers and trying to check with them to make the coin much much better but right now if you are going to ask me, DOGE is already showed itself to be a valuable coin and that as long as it is with the good graces of Elon Musk and his Tesla company, then there is a chance for this coin to go higher. With its current price going between 40 to 48 cents, you will be able to double your investment once it reaches a dollar. Hopefully it may reach a dollar since nothing has changed as far as the reputation of this coin is concerned. It is still a meme coin.

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May 28, 2021, 04:37:07 PM
 #31

Is it possible that in future doge coin Devs will finally add a utility to the project? I mean of Elon Musk really want to make something out of dogecoin lack of utility will draw it back I believe so is it too late to add utility to doge?
make what ? money ? the guy is already making tons of cash in dogecoin .
 why will he waste time for this but if he wants more than money or when he is sincer of adopting this coin to his company , he has a power to request for the devs to add a special utility for this coin but lack of utility isnt the only problem of dogecoin i believe .
 the appreciation for dogecoin will still be curcial if others issue for this coin wont be addresed
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May 28, 2021, 04:50:34 PM
 #32

Umm, lot of negative comments but I think Elon and DOGE devs are up to something now. Considering they have plan for the SpaceX and Tesla payments to be made in DOGE. I’m not sure if that is not the best thing then I don’t what is ?
I mean that’s the utility of it. A smooth payment system with less fees and popular backing from the richest person.
Thought Elon is little nerdy and no one understands his moves but this time DOGE gonna get utility nature for sure.
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May 28, 2021, 05:14:16 PM
 #33

The way this coin behaves is totally unpredictable. I don't see a reason to go after this coin as it is built on a fragile/brittle foundation. Whenever "he" tweets, this coin goes up and down. That is not something an investor can rely on.

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May 28, 2021, 05:15:35 PM
 #34

Is it possible that in future doge coin Devs will finally add a utility to the project? I mean of Elon Musk really want to make something out of dogecoin lack of utility will draw it back I believe so is it too late to add utility to doge?

it's never too late mate, as elon musk said about Doge is that this cryptocurrency is completely environmentally friendly,
of course this is what everyone needs, we don't need additional costs to mine it,
and reportedly Elon musk will also launch the Doge satellite whether this is a hoax or a fact, let's wait for the continuation of the tweet from elon musk

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May 28, 2021, 05:19:50 PM
 #35

Is it possible that in future doge coin Devs will finally add a utility to the project? I mean of Elon Musk really want to make something out of dogecoin lack of utility will draw it back I believe so is it too late to add utility to doge?

Perhaps but I don't think that will make much difference to change what dogecoin is already known for, but if Elon decide to accept dogecoin as a payment option for Tesla I guess that will make a lot difference, using it as transaction fee is a good utility and through that other big organisation make consider accepting dogecoin since Elon himself has shilled it.

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May 28, 2021, 05:21:10 PM
 #36

a coin that relies on a billionaire can't be maintained for long, because it all goes back to elon and everyone is hoping too much for him and this is very bad to continue.
even if the utility is still the same the result will be the same because this is just a coin pump and relying on one person I think until when this will never succeed to do

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May 28, 2021, 05:26:15 PM
 #37

That's up to the devs to consider, and come to think of it, this is very valid point you raise, now that doge is very popular I think it will be best if the devs can consider re-evaluating the tokenomics and create more utility for dogecoin instead of just being known as meme, it will just the price and make it more valuable.
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May 28, 2021, 05:44:34 PM
 #38

it's never too late mate, as elon musk said about Doge is that this cryptocurrency is completely environmentally friendly,
of course this is what everyone needs, we don't need additional costs to mine it,
You have to DYOR, quite a lot of people have invested in dogecoin cause of Elon, but that is wrong analysis, your analysis/decision on any coin must stem from your own research, not the tweets/talk/'expert advice' given by anyone, not even Musk, as successful as he is. The thing is investors select coins more on the grounds of hype than research, that's what happened with DeFi and some of the other pump and dump coins/projects, and many investors lost their funds to shit-projects.

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May 28, 2021, 06:36:30 PM
 #39

Check on Elon Musk tweet . he said want to contact Doge Developer for talking about the feature doge coin . not sure about adding something or change something in doge but some people take that statement for another manipulation for doge market. some people are really looking into that statement seriously. 
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May 28, 2021, 07:21:29 PM
 #40

Is it possible that in future doge coin Devs will finally add a utility to the project? I mean of Elon Musk really want to make something out of dogecoin lack of utility will draw it back I believe so is it too late to add utility to doge?
It's too late already, doge coin is 100% a meme coin with infinite supply and there is nothing that can change this, also remember that it's a community based project so whatever is going on in your head get rid of it, also Elon musk can't be trusted it's better to find better projects

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