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Author Topic: Can Dogecoin become the new BTC?  (Read 1262 times)
Dr.Osh
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April 28, 2022, 08:46:42 AM
 #61

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.
if doge is optimized with twitter, it is very possible for doge price to go up. however, I think it's not enough to beat Bitcoin. even ethereum which really has great potential can't grab or replace bitcoin though. If Doge is backed by twitter, that could make doge a good coin if we keep in mind that twitter is one of those giants that almost everyone uses. this of course will encourage the use of doge. only, it is still very far from where bitcoin is. Doge will never beat bitcoin. I'm pretty sure of that.

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April 28, 2022, 08:48:09 AM
 #62

Quote
NO, this is just a meme token and we should always remember this.
DOGE was a hype token and very volatile, this is a token that purely depends on a tweet of someone. Very risky if you are thinking like this, don’t get hyped that much and think for an impossible things. You can short with DOGE, but don’t expect that this will become the new BTC just because of Elon.

I think, it will be difficult for Dogecoin to become a new bitcoin because Dogecoin cannot demonstrate like BTC price that moved from $30,000 few months ago to $40,000 which other altcoins are still struggle to increase higher. Bitcoin price is still giving other altcoins opportunity to increase because whenever the price of bitcoin is decreasing in the market, Dogecoin Will be decreasing too to show that meme token cannot become new BTC. Many people has achieved a lot of income from Dogecoin investment does not mean Dogecoin will become  a new bitcoin in the market which is impossible.

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April 28, 2022, 09:29:25 AM
 #63

certainly not, Dogecoin is a cryptocurrency, and like so many other coins on the market right now, it is an investment tool.  Dogecoin doesn't have any interesting features or lofty vision like bitcoin.  Large organizations participating in the field of cryptocurrencies such as MicroStrategy, PayPal, Visa, etc. have not shown any signal that they will accept Dogecoin.  Dogecoin has just stopped at an investment “movement” of the community, but has not yet received the same wide recognition as Bitcoin.
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April 28, 2022, 09:50:12 AM
 #64

...Dogecoin has just stopped at an investment “movement” of the community, but has not yet received the same wide recognition as Bitcoin.

It is possible that Elon Musk will introduce Doge as a means of payment on Twitter and the price of the coin will rise several times again. But this still will not allow Doge to overtake bitcoin in capitalization, as this was already the case last year.

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April 28, 2022, 10:10:37 AM
 #65

...Dogecoin has just stopped at an investment “movement” of the community, but has not yet received the same wide recognition as Bitcoin.

It is possible that Elon Musk will introduce Doge as a means of payment on Twitter and the price of the coin will rise several times again. But this still will not allow Doge to overtake bitcoin in capitalization, as this was already the case last year.

Yes, I think that might be the idea that Elon Musk is coming up with. Instead of bitcoin, he might use his dogecoin as tipping payment for his Twitter.

He did it already with this Tesla, accepting bitcoin in the beginning and then changes his stance. But it didn't affect bitcoin that much and so I doubt that it will overtake bitcoin even if he introduces it again via his Twitter.

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April 28, 2022, 10:49:44 AM
 #66

Why do many doge fans think that Musk will solve all their problems?Maybe, to begin with, limit the issue of coins and start introducing doges into the real business sector.One social network will not fix the situation, well, they will turn on the possibility of tips and then what?I remember the satellite still had to be launched, so far only one conversation.

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April 28, 2022, 11:38:03 AM
 #67

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.
Even though Elon Musk is the richest person in the world, but that doesn't mean wealth can be equated with the current total bitcoin holders, I think if all the holders or whales of bitcoin come together maybe Elon Musk alone will not be able to fight them. What I believe is that because Elon Musk bought Twitter, there is a possibility that Dogecoin as a coin that Elon Musk has raised has a much higher position, possibly below or above Ethereum in the highest #2 or #3 position.
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April 28, 2022, 11:49:26 AM
 #68

This is not means the dogecoin become btc yah there is actual chance of dogecoin reach to the 1$ but thats not that mean it will reach a competitive value of btc!! Btc will remain number 1 always there will no competitors like btc but yah after some years there will be some assets which price will remain like btc present value but not even touch btc futuee value!!

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April 28, 2022, 11:50:36 AM
 #69

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

If it comes to dream, then many people can dream of anything .
And regarding Bitcoins, then i must guarantee you that no coin in the planet can ever replace Bitcoins.
Doge has great capabilities, and yes it’s one of the old coins ever developed, but still it has to travel long in order to reach Bitcoins level.
No matter what Elon musk does with DOGE, but still hardly doge will cross LTC’s price.
Yes what you are talking about might happen in next 100 years. But still it’s a prediction.
Will love to hear more people’s thought on this.

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April 28, 2022, 12:05:34 PM
 #70

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

I'm not sure if Doge coin can become like BTC or even be better than it. By far the first problem for this is mass adoption, in other words, will people who use BTC want to abandon it and start using Doge coin? I don't think this will happen. However, in any case, Elon Musk, using Twitter, can try to add value to the Doge coin and once again send this crypto asset to the moon, and maybe to Mars. But it is unlikely that all this will help Doge coin become like BTC or better.
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April 28, 2022, 12:29:23 PM
 #71

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.
if doge is optimized with twitter, it is very possible for doge price to go up. however, I think it's not enough to beat Bitcoin. even ethereum which really has great potential can't grab or replace bitcoin though. If Doge is backed by twitter, that could make doge a good coin if we keep in mind that twitter is one of those giants that almost everyone uses. this of course will encourage the use of doge. only, it is still very far from where bitcoin is. Doge will never beat bitcoin. I'm pretty sure of that.
its true , adoption on dogecoin will massively growth due integration with twitter. i am believe price will soar hardly when elon musk or twitter announced this .but if we talking about to be new bitcoin , in my opinion it just over expectation or maybe over confidence although  there is no impssible thing in crypto market. but we have to be realistice there are coins better than doge which is have better utility and product .
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April 28, 2022, 12:54:12 PM
 #72


I'm not sure if Doge coin can become like BTC or even be better than it. By far the first problem for this is mass adoption, in other words, will people who use BTC want to abandon it and start using Doge coin? I don't think this will happen. However, in any case, Elon Musk, using Twitter, can try to add value to the Doge coin and once again send this crypto asset to the moon, and maybe to Mars. But it is unlikely that all this will help Doge coin become like BTC or better.
You don't need to become unsure or even to think there is a chance as certainly this never happens.
Remember that Dogecoin is just been hyped before because someone did it and shilled, not because people see and appreciate it. Bitcoin is one of the most valuable coins in the market which is really far if we compared it to Dogecoins as very known as meme coins. And even Elon Musk makes it hype again, it is definitely not going to see Doge soar beyond Bitcoin.
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April 28, 2022, 01:05:17 PM
 #73

To beat the current bitcoin ranking I think is very difficult, especially dogekoin is one of the memekoin whose value is still very low and not fully in demand by many investors, but with the full support of a very influential person in the world, namely Elon Musk, the increase in dogecoin will definitely occur even though later it is not comparable to the value of bitcoin.

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April 28, 2022, 01:30:03 PM
 #74

To beat the current bitcoin ranking I think is very difficult, especially dogekoin is one of the memekoin whose value is still very low and not fully in demand by many investors, but with the full support of a very influential person in the world, namely Elon Musk, the increase in dogecoin will definitely occur even though later it is not comparable to the value of bitcoin.
I think its impossible for Dogecoin to beat Bitcoin even for Ethereum or BNB it will also be difficult,
so from that we can draw a little conclusion and I don't underestimate Dogecoin because when it comes to Elon Musk anything can happen but we also need to be realistic,
to be clearer, just follow the development of Dogecoin

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April 28, 2022, 01:34:20 PM
 #75

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.
If you might say ETH or BNB as a new bitcoin candidate it might make sense, because both altcoins have strong fundamentals and also a large community around the world, but if Dogecoin becomes the next bitcoin of course it's a joke in my opinion, as a coin meme, dogecoin does not have strong fundamentals and as far as i know dogecoin has an unlimited supply so the price is only affected by the hype that is going on and obviously dogecoin is unlikely to be the next bitcoin in the future.

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April 28, 2022, 02:03:07 PM
 #76

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.
If you might say ETH or BNB as a new bitcoin candidate it might make sense, because both altcoins have strong fundamentals and also a large community around the world, but if Dogecoin becomes the next bitcoin of course it's a joke in my opinion, as a coin meme, dogecoin does not have strong fundamentals and as far as i know dogecoin has an unlimited supply so the price is only affected by the hype that is going on and obviously dogecoin is unlikely to be the next bitcoin in the future.

Definitely, a meme coin as the main currency? I don't think so and even though that Elon Musk will do something about it on Twitter or SpaceX it doesn't change the fact that the Bitcoin is still the main cryptocurrency that will remain on top and not by some meme coins that is constantly pumping by a billionaire.

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April 28, 2022, 02:31:22 PM
 #77

what bitcoin experienced in my opinion is much bigger than dogecoin, bitcoin was once said to be destroyed in 2018 but they are still growing well until now. I have never seen this condition in dogecoin, they have never faced a crisis like bitcoin, it's just that dogecoin has been stagnant. The arrival of Elon Musk made dogecoin fly high, even though bitcoin also didn't want to lose, usually bitcoin rose first before dogecoin. Besides, it's possible that behind all this there are other rich people bigger than Elon Musk in the future, who will be ready to back up bitcoin.

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April 28, 2022, 02:36:11 PM
 #78

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.
With what you said, I can now say that the world really has crazy people Cheesy.
A meme coin to be on top of Bitcoin and its because of Elon Musk? He is the richest guy right now yes but he can't make DOGE be higher than Bitcoin or will replace it.

Kidding aside, the answer is no because there is no way that DOGE will surpass Bitcoin. Market cap? I don't think so. Maybe in Tx Speed and Fee then yes it surpasses Bitcoin. This idea of yours will only be just a dream and we can all dream of anything when we sleep Smiley.

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April 28, 2022, 02:36:59 PM
 #79

I think its impossible for Dogecoin to beat Bitcoin even for Ethereum or BNB it will also be difficult,
so from that we can draw a little conclusion and I don't underestimate Dogecoin because when it comes to Elon Musk anything can happen but we also need to be realistic,
to be clearer, just follow the development of Dogecoin
The point is that Altcoins will not be able to beat Bitcoin in all respects forever, because of all the altcoins that have been born and circulated in the market and crypto space, none of them can beat Bitcoin, both in terms of volume, price, and transaction fees.
So there is no reason for altcoins to beat Bitcoin.

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April 28, 2022, 05:34:57 PM
 #80

I don't think that Dogecoin will grow even higher, let alone become a new BTC, because I think it's very difficult for Memecoin to compete with coins that have very high capitalization and popularity like BTC, and I don't think Dogecoin is worth comparing with BTC because the difference is very far, namely like copper and gold.

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