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Author Topic: Will Dogecoin survive without Elon Musk?  (Read 1610 times)
Cling18
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September 22, 2021, 03:44:13 PM
 #121

Dodge coin has lived and survived for a long time without Elon Musk hyping it. As for me, despite being just a meme coin before, Dogecoin has created its own name already. Elon Musk just hyped and made noise through it. Dogecoin isn't depending on Elon and as for me, it could even make a stronger foundation on its own in the future.
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September 22, 2021, 03:58:12 PM
 #122

With or without Elon Musk, Dogecoin is here to stay. Yes the coin will stay, but the price isn't as it's subject to market volatility due to certain events whether bullish or bearish. The thing is that we can't control the market right now no matter which coin or token are we holding (with the exception of stablecoins). Since DOGE has no fundamentals but rather a funny meme coin, it would depend on the massive adoption like Mark Cuban's Dallas Mavericks for merchandise and ticket sales.

Elon Musk has had quite a strong impact on the cost of Dogecoin, this was recognized by everyone in the cryptocurrency market.
It is very difficult to determine his true motives that influenced his behavior. But most likely, he received a very good profit from these jumps for the implementation of his grandiose projects.
Nevertheless, Dogecoin exists without the tweets of Elon Musk and I think there will come a favorable moment in the cryptocurrency market when it will grow in price.

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September 22, 2021, 04:04:04 PM
 #123

Dodge coin has lived and survived for a long time without Elon Musk hyping it. As for me, despite being just a meme coin before, Dogecoin has created its own name already. Elon Musk just hyped and made noise through it. Dogecoin isn't depending on Elon and as for me, it could even make a stronger foundation on its own in the future.
that's right. From the start, Dogecoin already had a huge market and support from the community that supported Dogecoin from the start. that's what made dogecoin last in the crypto market so long. although the price is not high.
it is precisely Elon who I think is toying with the dogecoin market for the hype he co-creates with his followers.
and I remain confident that, without Elon, Dogecoin will remain a treasured asset for investors in the crypto market.
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September 22, 2021, 04:07:25 PM
 #124

Dogecoin team should develop the project and improve DOGE. tweets from Elon Musk only can help to pump the price but they won't help to make DOGE better.
Yes, because if you only use support from billionaires without making a new breakthrough, I think it will be very normal and tend to be stagnant even though the price scale is indeed very much different because the support from the billionaire makes the coins indirectly pumped. significant.
other than that I think the team from doge is too excited about the support which makes them feel there is no need for a new push to improve the quality of the coin.

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September 22, 2021, 04:29:32 PM
 #125

Ever since Elon Musk started tweeting about Dogecoin, the cryptocurrency has been on a road towards non-stop success. Price per coin rose considerably since the beginning of the year. Those who held DOGE before the pump, already cashed out massive rewards. The momentum will keep going until Elon Musk decides to stop tweeting about Dogecoin. After that, DOGE could either retain its price or go all the way down the drain at a very fast pace. Dogecoin was never meant to be taken seriously, so anything can happen in the future.

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you. Smiley

Dogecoin had been on mainstream even before Elon Musk became rich and famous. They had an active volunteer development team and a lot of support as a meme coin.
Though his vocal support made it regain it's position and reach top 5 again, Dogecoin has always been around even without Elon. They were still a popular coin in gambling sites, a popular tipping coin and one often used for transfers as the fees were lows and transaction fast.
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September 22, 2021, 05:11:37 PM
 #126

The ups and downs of Doge are a great example of how you can make a hype with an old, almost forgotten coin. And for this you don't even need to pour huge amounts of money into it. Just mention a popular person in Twitter. I think this precedent will encourage other famous personalities to use their influence to continue to fool the population.

Well not every coin can perform like dogecoin performed this year. It was because Elon Musk want this crypto to be one of the best crypto currencies. Also if you follow the project, a lot of new coding and development is going on in the dogecoin. I am sure it will emerge as one of the most used cryptocurrencies.

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September 22, 2021, 05:13:01 PM
 #127

Dogecoin is a meme coin and it would probably probably survive with or elon musk… Elon was enjoying the hype and the coin was actually doing good but most people actually just buy doge at low prices and hoping to sell when it pumps.. i didn’t like the fact that elon was actually manipulating the market

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September 22, 2021, 06:22:06 PM
 #128

Dogecoin is a meme coin and it would probably probably survive with or elon musk… Elon was enjoying the hype and the coin was actually doing good but most people actually just buy doge at low prices and hoping to sell when it pumps.. i didn’t like the fact that elon was actually manipulating the market
Of course, no one has the right to manipulate the market but these filthy rich men often do. And Elon simply belongs to them. He has hyped dogecoin and eventually see its price starts to surge high in the market. But i do believe that even without Elon, dogecoin will still survive. It has always retained its value despite the roller coaster ride of crypto and is gradually winning a wider acceptance not just in the community but also to small businesses who are making dogecoin as a medium of exchange.

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September 22, 2021, 06:45:22 PM
 #129

Dogecoin is a meme coin and it would probably probably survive with or elon musk… Elon was enjoying the hype and the coin was actually doing good but most people actually just buy doge at low prices and hoping to sell when it pumps.. i didn’t like the fact that elon was actually manipulating the market
Even if you don't like it, it can't be avoided.
Elon can be said to have it all and market manipulation like this is very easy for him to do, despite much opposition but nothing can stop it.
this is the strength of those billionaires who will indeed be very difficult to beat by ordinary people, what we can do is rather than hate it, I myself prefer to make my own path and find my own momentum so that when manipulation occurs like Elon's for me, I can follow the flow which he made but for my own benefit.
and this would certainly be more profitable than cursing and trying to restrain Elon from being manipulated.

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September 22, 2021, 09:07:36 PM
 #130

Off a truth Elon Musk is the face of Dogecoin he made it more popular and his tweets and announcement makes the coin come out among a other altcoins, but even if Elon musk is no longer marketing and promoting Doge I think Dogecoin will survive because it's has gain alot of adoption which will be able to sustain it for a very long time. Elon has impact on it, but the coin will survive without him.

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September 22, 2021, 10:07:02 PM
 #131

Elon musk is not the reason why dogecoin is doing well. The dogecoin community is strong and there is a lot of sentimental commitment behind the dogecoin pump in the markets Elon musk is only riding the wave of his influence to make some gains from the pumps that follows his Shilling

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September 22, 2021, 10:40:20 PM
 #132

Survive, that is an interesting term. My take is that it will keep existing with our without Elon as there is a sufficient number of users, it is listed in several exchanges and I am sure there are some big holders that are interested in keeping the chain alive. Which brings a interesting question, how low or how little known does a coin have to be to be considered extinct? Even if it is worth a cent, it is still a cent as long as someone out there mines trasactions.

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September 22, 2021, 10:49:56 PM
Last edit: September 27, 2021, 05:39:22 PM by South Park
 #133

Do you know how much Dogecoin Elon Musk bought? Elon Musk doesn't have much influence in buying Dogecoin, he only influences his tweets. I think only people who are influenced by Elon Musk's tweets are buying up Dogecoin a lot because they believe in a bigger price increase. I'm still optimistic that the price of Dogecoin continues to improve without Elonmusk's presence.
I do not remember Musk buying any dogecoin, the guy supposedly supports the coin but we must follow the money, did he invested as much money in dogecoin as he did in bitcoin? And we know the answer to that, so I think at some point Musk is going to get tired of supporting the coin and will say something negative about it and people are going to panic and they are going to begin to sell the coins, and it is likely that dogecoin will not recover for years if that happened.
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September 22, 2021, 10:55:21 PM
 #134

Off a truth Elon Musk is the face of Dogecoin he made it more popular and his tweets and announcement makes the coin come out among a other altcoins, but even if Elon musk is no longer marketing and promoting Doge I think Dogecoin will survive because it's has gain alot of adoption which will be able to sustain it for a very long time. Elon has impact on it, but the coin will survive without him.

Dogecoin is an old project that still survives today, meaning that Dogecoin always has demands. So without Elon Musk promoting Dogecoin, I believe
Dogecoin will survive till now. Elon Musk just created Dogecoin hype and hit the ATH price, but if Elon Musk finally decides to leave Dogecoin,
I'm sure Dogecoin will survive. I even got to know Dogecoin in 2016, which was when I got Dogecoin from faucets. Dogecoin's long journey
in the crypto world makes Dogecoin have supporters, that's what will make Dogecoin survive.

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Natalim
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BTC to the MOON in 2019


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September 22, 2021, 11:56:36 PM
 #135

Off a truth Elon Musk is the face of Dogecoin he made it more popular and his tweets and announcement makes the coin come out among a other altcoins, but even if Elon musk is no longer marketing and promoting Doge I think Dogecoin will survive because it's has gain alot of adoption which will be able to sustain it for a very long time. Elon has impact on it, but the coin will survive without him.

Dogecoin is an old project that still survives today, meaning that Dogecoin always has demands. So without Elon Musk promoting Dogecoin, I believe
Dogecoin will survive till now. Elon Musk just created Dogecoin hype and hit the ATH price, but if Elon Musk finally decides to leave Dogecoin,
I'm sure Dogecoin will survive. I even got to know Dogecoin in 2016, which was when I got Dogecoin from faucets. Dogecoin's long journey
in the crypto world makes Dogecoin have supporters, that's what will make Dogecoin survive.
Dogecoin has seen to have its own potentials even before but the people were not able to noticed it. It was only became popular when Elon hyped its price and eventually seeing its value keeps on surging. And now that Elon has stopped talking about dogecoin on his tweets, its value starts ceasing too. But since it has already been accepted in a wider community, its value might chances to fall but not end up as a shitcoin. 

Momoamzad
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September 23, 2021, 12:42:09 AM
 #136

Dogecoin is a meme coin and I think without Elon mask this would not hyped so much .you can see when mask stop to marketing doge this coin has down a lot and not recovering yet . When it pumped a lot when he did it's advartigement . But may be now  people get to know about dogecoin and this can support dogecoin to survive and stay as a good investing coin

A BLackPearl
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September 23, 2021, 03:36:50 AM
 #137

There will be other coins without Dogecoin. Elon Musk is because of his high degree of attention. No matter he tweeted to express support for a certain currency, he will receive the attention of his followers. They don't think too much, they just follow Musk's operations and trust him. Musk chose Dogecoin, which gave Dogecoin a great exposure. Let more people see Dogecoin, which is undoubtedly beneficial for Dogecoin.
_Miracle
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Do due diligence


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September 23, 2021, 04:33:46 AM
 #138

Elon tweeted today that transaction fees need to come down.
Low transaction fees would be a +1 for thriving.

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"  INTJ-A
MKings
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September 23, 2021, 09:52:04 AM
 #139

Hype coins need the support of influential people. Dogecoin has been supported by Musk. Even if Musk now says that Dogecoin is "junk" coins, there will still be people holding Dogecoin. Dogecoin is already popular and there are coins for supporters.
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September 23, 2021, 10:12:19 AM
 #140

Elon tweeted today that transaction fees need to come down.
Low transaction fees would be a +1 for thriving.

Are transactions really that expensive in dogecoin blockchain? According to google they around 60 cents. That is not much when people transfer thousands and much more. Or he and people await that dogecoin transaction fee would like it was years ago - about 1 cent or less. If yes, then they should not expect dogecoin price to be high.

People are used to an old believe, that transactions in crypto are cheap and you can transfer million worth crypto and pay less than $1 for it. These times are gone long time ago.

 
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