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Author Topic: Can Dogecoin become the new BTC?  (Read 1262 times)
RealMalatesta
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April 29, 2022, 03:18:02 PM
 #81

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.
That is mainly because they bought it because of him tweeting. You need to know how stars aligned during that period in order to understand why doge went that high.

Firstly, bitcoin went up during 2020 as well, everyone remembers the 2021 period but we reached under 4k during march 2020 due to pandemic, reached 10k by summer and reached 20k until December came, so bitcoin was already on the up, and started to take other coins with it slowly. After that during early months of 2021, we had "WSB" subreddit attacking hedge funds and promoting Gamestop which made plenty of retail investors so so so much money as well.

These back to back led by Elon Musk tweeting about Doge resulted with "this is the next target" issue with a huge community and they all jumped in with their new profits into it all due to Elon tweeting basically, they had no other ideas about doge at all.
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April 29, 2022, 06:17:20 PM
 #82

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.
That's right, a coin that many won't beat the power of BTC because BTC was the first coin to exist, memes won't beat reals coins.
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April 29, 2022, 08:04:40 PM
 #83

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 think it's done. Elon musk already bought twitter but I don't see a big jump in the dogecoins value and I don't see that btc decline that much but btc was the one that rise more between them. It seems that the effect in favors to btc or maybe btc is the one that elon will use on twitter?

Because, it's more serious and looks professional that seeing that dog logo. Dogecoin is already accepted widely. That's a good thing but I don't think its support will grow wider than bitcoin. Dogecoin is an old coin. There are newly created coins but no matter how devs try to create a new btc, btc will always be the original. They cant change that fact anymore.
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April 29, 2022, 08:16:49 PM
 #84

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.
Very silly and not sunken this happens, try to see the quality and ultinity of Bitcoin with Dogecoin, do they have similarities?
Dogecoin only memes while Bitcoin is the king of crypto now, how could this happen, and I did not see Elon Musk had the opportunity to do all that, because basically they were against a very strong and potential coin, you should think about other things than making such a statement
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April 29, 2022, 08:50:34 PM
 #85

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.
Dogecoin will never dominate bitcoin, no matter how Elon hype his own coin but that won't change the fact that Dogecoin will always be a shitcoin. However, we can expect for dogecoin to reach its peak these days as Elon will make it happen especially that this news about Elon finally acquiring Twitter has created a huge positive impact not only for dogecoin, but the rest of the crypto coins in the market. Still, bitcoin will always dominate in the market regardless of how dogecoin is very famous right now.

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April 29, 2022, 08:54:31 PM
 #86

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.
NO, I don't believe so. There are several coins that have a far stronger team and a brighter future than Dogecoin; simply buying Twitter by Elon Musk will not make Dogecoin widely accepted around the world. Bitcoin has a standard and will continue to grow since many people throughout the world accept it, thus no other Altcoin, including Ethereum, can overtake Bitcoin, and BNB, I believe, cannot.

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April 29, 2022, 08:58:04 PM
 #87

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.
Of course not, not even close, not even remotely somewhere along the lines, not even in the same sentence. This could be the first ever sentence that put them even remotely close to each other. Do not get hopes just because there is a community of hyped memecoin investors or some weird dude at the top who likes to tweet to tens of millions of people.

Doge will not become anything, it can't become anything, just one dude owns like a huge chunk of it and can destroy it (albet this is true for bitcoin with satoshis bitcoins but he is nowhere to be found). So all in all doge could not become anything, the fact that it is top 10 is already more than it could ever achieve, it just used the bear period to its advantage.

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April 29, 2022, 09:26:23 PM
 #88

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.

No you are talking about a joke mem coin with infinite block rewards with no de escalation of those block rewards.  And it's all hinged on litecoin miners to secure its network.  By no means does this mean it will or even have the possibility of taking over bitcoin, seriously..

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April 29, 2022, 10:23:29 PM
 #89

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.
Don't ever think about the impossible things. it never crossed my mind that one day in the future dogecoin will be able to shift Bitcoin to become the world's number 1 cryptocurrency. Bitcoin was the world's first cryptocurrency to emerge and will continue to be the first even though Dogecoin is backed by Elon forever.

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April 29, 2022, 10:42:12 PM
 #90

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.
This is quite impossible for Dogecoin to take over bitcoin, though Elon Musk acquisition of twitter will have a big influence on the price of the coin because Elon Musk will use twitter to popularize Dogecoin thus entice more investors who will invest in it, however no matter what it can't become the new bitcoin, however Dogecoin wiill be among the top 10 in cryptocurrencies market in years ahead and I think it might be part of the reason Elon Musk bought the social media platform, Bitcoin will continue to lead the crypto market. although there might a temporary displacement from the first position.

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April 29, 2022, 10:51:28 PM
 #91

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 Elon Musk know that this will never happen, Dogecoin is just a pump a dump scheme and been manipulated by whales including Elon Musk so for this we cannot see Doge defeat Bitcoin since for sure majority will choose Bitcoin over the meme coin.

For now even the strong coins which listed above to Doge cannot even surpass it so maybe we can conclude that no other coin can even surpass bitcoin since this is already been the face of whole crypto market.

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April 29, 2022, 10:53:53 PM
 #92

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.
Very silly and not sunken this happens, try to see the quality and ultinity of Bitcoin with Dogecoin, do they have similarities?
Dogecoin only memes while Bitcoin is the king of crypto now, how could this happen, and I did not see Elon Musk had the opportunity to do all that, because basically they were against a very strong and potential coin, you should think about other things than making such a statement
doge coin become stronger due elon musk promoting, without him i am belive dogecoin still below 0,002 $ each. bitcoin and doge totally have big differences, bitcoin become stronger due its community itself without any intervention from any popular figure. and also technically bitcoin have better chain with limited supplt.


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April 29, 2022, 11:11:09 PM
 #93

It may look like that, but I trust Elon Musk to just adopt another meme coin as his mascot and suddenly wipe dogecoin's market capitalization or at least maim it. This is Elon Musk we are talking about here, people
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April 29, 2022, 11:18:46 PM
 #94

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.

Give us a break, it's crazy thinking that it could but it would not the industry should be serious about what coins are worth supporting we can support Dogecoin no problem at all but making it the number one is just too much it's a meme coin created on Bitcoin ago, if it's not for Musk it will not get the attention it's been getting, we should remain with Bitcoin it represents what we stand for and what we want to achieve, somethings Dogecoin cannot give us.

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April 29, 2022, 11:28:26 PM
 #95

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.
It is a too exaggerating dream, there is no way a meme coin to beat Bitcoin. It is impossible, even Elon Musk does his extra efforts. Doge has no fundamentals, too easy to manipulate by big players like Elon Musk. Most people won't take a risk by holding this meme coin for a long time, they only take advantage for a short hype. So, although Dogecoin is well known around the world, it won't be the number 1 coin for crypto investors. Simply, Dogecoin won't have the chance to beat BTC.

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April 29, 2022, 11:35:29 PM
 #96

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.
Nope, it cant be possible because Elon isnt the one who would dictate out the entire market even though he would make Doge as a primary coin to be accepted on Twitter but it wont really be enough on
kicking off BTC into its top ranking spot because the market isnt really just rolling or turn around only on Elon but well it would make out some significant effect in price towards Doge
but that wont be enough for it to overtaken Bitcoin in overall adoption and recognition and we might even possibly see that Bitcoin would be included on the list of Elon for it
to be integrated.
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April 30, 2022, 01:21:03 AM
 #97

It's crazy to predict this doge coin can become the new bitcoin, im even thinking if this will never be possible. Meme coin is not a store of value like bitcoin. You must also see how big the impact when bitcoin gets down.
meme coin like doge coin was also dumping so crazy due to the big dump like this time. I think that it's too far to think like that.
Bitcoin has no chance to compete with the doge coin even with the support from elon and twitter.
Doge coin will not so big as bitcoin. We have so many coins that potentially to be the same like bitcoin but not doge coin



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April 30, 2022, 09:30:55 AM
 #98

If you are looking at dogecoin the way Elon Musk did, then you will believe that it will replace the position of bitcoin. But the majority here say its not going to happen. Yes, Elon is very much influential in all aspects, but everyone here knows that Elon is more than a deceptive person trying to always take an advantage on the wealth of others. Whether he will get Twitter or not, bitcoin will always dominate the crypto market and dogecoin will always be a shitcoin that will never sustain its value like what bitcoin did.
Dogecoin is a small coin in the cryptocurrency market, and it would be easy for Elon Musk to manipulate such a coin. But that is not the same with Bitcoin, Bitcoin has been around for long and as the first cryptocurrency, it has a large market cap and a large daily trading volume, and that would make it near impossible for him to be able to manipulate it. Bitcoin is not a coin that anyone can just manipulate like all those shitcoins in the market.

So, majority of them would always pick the smaller coins, because they know that they can decide what happens next with these small coins that are in the market.

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April 30, 2022, 12:41:50 PM
 #99

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 doubt this can happen even after elon musk already bought twitter. But I assume that dogecoin can gain much popularity with this kind of move by elon. Because I'm sure that elon will use twitter to his advantage to hype dogecoin or other coins he may be up to. But I don't think it will come to a point where it will surpass bitcoin as the leading cryptocurrency in the market. And not because elon musk somehow proves that he can make things possible, there is still no guarantee that he can do it on everything he does. It's crazy to think that way.
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April 30, 2022, 12:56:42 PM
Last edit: April 30, 2022, 01:22:40 PM by marine4u
 #100

Doge replace bitcoin???  This is absurd and hopeless.  Just because Elon Musk thinks bitcoin is manipulated by the rich, the way he does it with Doge is no different.  So the fact that he hates fighting with other bitcoin billionaires and independently holds all the power with Doge???  Let's play fair, if you believe Elon can transform the doge remember he warned that crypto is not a serious investment option. Lol, I mean if one day he stops supporting the doge. Tongue
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