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Author Topic: Can any meme coin challenge bitcoin in future ?  (Read 925 times)
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June 01, 2024, 12:54:58 PM
 #21

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
Meme coin challenge Bitcoin? That sounds funny! How can a mirage challenge challenge Bitcoin? In what aspect? Do you even understand what meme coins are? They are purely for fun, more like joke. If you think something that is all about fun will challenge a serious business like Bitcoin, then you can as well believe that I am Satoshi.

If you want to get involved with meme coins, go ahead, enjoy the hype, pump and all the fun that comes with them but don't forget that it can dump on you, or disappear any moment. Nothing can challenge Bitcoin and that is the fact you need to always keep at the back of your mind.

R


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June 01, 2024, 01:07:25 PM
 #22

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
I trust bitcoin to be at the top of cryptocurrencies for a few more years or maybe even forever. Look at just how long it has been since cryptocurrencies were introduced and how many have come out since then. But bitcoin remains at the top

Even the objectively rated as top performing altcoins do not compare with bitcoin wo how can a memecoin do that?

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June 01, 2024, 01:18:40 PM
 #23

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
Are you serious? Meme coin to Challenge bitcoin?

where in this world that you find this asking? this is even an insult to Bitcoin and
for us who supports bitcoin , is this what you really understand the crypto market?

Meme coin does not even a chain that can serve users instead this is just like a
memoravilla  .while bitcoin is really a currency that have been in used for how
many years now.

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June 01, 2024, 02:24:28 PM
 #24

I firmly believe that meme coin will never be able to beat bitcoin, even in the future. In fact, I feel that popular altcoins like ethereum, BNB, and other coins that have clear utility, and high potential value, are very hard to beat bitcoin. However, as the name suggests, Meme coins are only created without a clear purpose. In fact, people only take advantage of meme coins because their fluctuations are very high and short.

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June 01, 2024, 03:38:03 PM
 #25

I'm not sure about that. Meme coins will not be able to challenge Bitcoin in the future. even if there were, it would probably only happen to the top altcoins and it would also be highly unlikely to challenge bitcoin. Current meme coins are nothing more than copies of doge, once listed then dumped by their investors.
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June 01, 2024, 03:39:49 PM
 #26

No memecoin can challenge Bitcoin in the future because:
1. They are all somehow dependent on Bitcoin. If Bitcoin plummets, they experience an even more severe decline.
2. Bitcoin is backed by larger companies, and no major company will bet on memecoins.
3. The largest memecoin (Dogecoin) is supported by one of the wealthiest men on Earth, but it still can't even challenge Ethereum.

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June 01, 2024, 03:50:21 PM
 #27

I don't think memecoins will be able to challenge Bitcoin in the future.Speaking of the present Memecoins hasn't challenged altcoins with high potentials like Ethereum and BNB talk less of Bitcoin the pioneer of all coins.Memecoins are meant for jokes and fun,for short term investment purposes and they are most likely pump and dump scheme.Bitcoin is the king of all coins in the crypto space and it wouldn't be so easy for any coin to beat Bitcoin in the future.
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June 01, 2024, 03:58:35 PM
 #28

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

I don't think any meme coin is capable of doing that even Doge cannot, all meme coins have the same model they are created for pump and dump there is no use case and if not for Elon Musk we are not talking about the meme here, even Ethereum which offer a lot of utility cannot take the place of Bitcoin, so what will be the possible feature that can make them challenge Bitcoin.

The only reason why memes are trending is because so many investors are greedy for quick profit which these meme coins are good at, The meme trend will finally be over but Bitcoin will remain as it is.

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June 01, 2024, 04:20:51 PM
 #29

I think you shouldn't think too far like that, it will only waste your time, because that will never happen, it's best to focus on the memecoin you want to invest in, whether the memecoin can last a long time or is the memecoin just a game that will harm you in the future,

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June 01, 2024, 05:02:15 PM
 #30

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
Meme coin challenge Bitcoin? That sounds funny! How can a mirage challenge challenge Bitcoin? In what aspect? Do you even understand what meme coins are? They are purely for fun, more like joke. If you think something that is all about fun will challenge a serious business like Bitcoin, then you can as well believe that I am Satoshi.

If you want to get involved with meme coins, go ahead, enjoy the hype, pump and all the fun that comes with them but don't forget that it can dump on you, or disappear any moment. Nothing can challenge Bitcoin and that is the fact you need to always keep at the back of your mind.
I think he is more of asking from the profit pont of view as we all know that some meme coins have given people even 100x on their investments but from a very long times BTC has not been able to do so. Yes it's a very stable coin and it offers you great opportunities to invest but it's for long term investments.

If we talk about shor term investment than yes meme coins have better performance. They can give you some quick profits but you have to be very careful with your choice.

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June 01, 2024, 06:11:49 PM
 #31

I highly doubt. Most of the memecoins, if not all, are having no utility which is already a negative trait. A token's utility is the one to resist market price volatility and without it, the market value of a coin will just be carried by hype and manipulation from big investors, which is a downside in the long run and could be a reason why a coin wouldn't have long term progress and development. Unlike with Bitcoin which have proven itself for years already. Many projects are running on its chain creating a sustainable market price but subjected for increase over the years as its community continues to grow.
I think you shouldn't think too far like that, it will only waste your time, because that will never happen, it's best to focus on the memecoin you want to invest in, whether the memecoin can last a long time or is the memecoin just a game that will harm you in the future,
Quite contradicting; will never happen but asks people to focus on a memecoin? But going back, no matter how I look at it, this won't be possible at least for now. Not to close the doors for altcoins but for sure Bitcoin is still on top of other cryptos.

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June 01, 2024, 06:38:52 PM
 #32

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
Since you said “meme” then the answer is “no”.

If you had said - altcoin, I would have said “maybe” but since you are referring specifically at meme coins then there’s no way that they will be able to surpass bitcoin, most people only invest in meme coin for short period of time due to their volatility and they take profit immediately and if you check majority of them - after launch and that launch hype has died off they tend to remain bearish and not go up again.

No one takes meme coin serious, the one ones that are known to so many investors are Doge, shibainu and Pepe most people haven’t heard about the rest.
Even for a potential alt like we have nowadays, there is none of them who reach even the middle of BTC and they are already given enough time to do that task. Will there be a change? No I don't think so. I already lost my interest on them in terms of that. About the meme coins, there are people who take them seriously and that is none other than their investors.

The meme coins you have given a name are much older than the recent one we see now, so it makes sense that many people are aware of them. It is still possible for a person to get aware about the new meme coins, as long as they are always updated or hang out most of the time on many communities and social media sites.

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June 01, 2024, 08:47:56 PM
 #33

I firmly believe that meme coin will never be able to beat bitcoin, even in the future. In fact, I feel that popular altcoins like ethereum, BNB, and other coins that have clear utility, and high potential value, are very hard to beat bitcoin. However, as the name suggests, Meme coins are only created without a clear purpose. In fact, people only take advantage of meme coins because their fluctuations are very high and short.

Bitcoin is ranked first when it comes to cryptocurrency. The team behind bitcoin is anonymous and have promising plans for the possible future. Taking advantage of memecoins is the main tatget for most of these traders and investors. I've massively gain from investing in memecoins and they're always short term. Memecoins are the trends in cryptocurrency and they've this solid potential to explore in the market.

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June 01, 2024, 09:12:56 PM
 #34

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
They can always challenge Bitcoin but of course, Bitcoin will always prevail.
I didn’t see any project that can replace Bitcoin and seriously, we are here because of Bitcoin and staying on top is like our ways to be thankful to Bitcoin. I know there’s too much hype with the meme tokens but for me, they will never be on top of Bitcoin.

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June 01, 2024, 09:42:30 PM
 #35

In terms of what, market capitalization is still possible because looking at memecoin which is always full of enthusiasts where pumps and dumps always occur, it can compete but in terms of value it is just a dream.

We have to look at the price difference now so why force to think as if meme coins can make a miracle like this because after all memecoins are still memecoins where they will only be at their highest point when there are some people who are not doing their job and make this coin get pumped. The rest there is nothing they can do because if there is no pump and dump scheme they are just a bunch of coins that are just waiting for the time to die so there is no need for many reasons memecoin will not be able to make any competition with bitcoin because indeed such things are impossible things that cannot be realized .

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June 01, 2024, 10:18:05 PM
 #36

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
Well, first, let's get your question clear, challenge bitcoin in what way exactly?, is it by marketcap, or by holders/community?

If what you are asking is if any memecoin will rise to challenge bitcoin in terms of marketcap, then I personally will say that is not possible, maybe it will be possible in the future but it's not in this generation.
For any memecoin (no matter how big) to challenge bitcoin in market cap, bitcoin will first have to collapse, and we all know what will happen if bitcoin collapsed, it being the major force controlling the entire crypto market, will definitely make the entire market collapse as well, then maybe after that, a meme coin may rise to become the crypto market leader.

This is the only way it can happens, else, it's not possible for meme coin to challenge bitcoin.

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June 01, 2024, 10:36:02 PM
 #37

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.

     It's just like this op, whales against ants; do you think the ants will win over the whales? The challenger is the ant (meme coin), and the challenged is the whale (bitcoin). Think about what I said, op. And one more thing: Bitcoin is not a meme; remember that?

     Bitcoin has its own blockchain technology, and the altcoins just imitate the concept of blockchain in Bitcoin. In short, what is better, the original or the fake that was just copied? I hope you can see the logic I'm using.

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June 01, 2024, 10:49:11 PM
 #38

If what you are asking is if any memecoin will rise to challenge bitcoin in terms of marketcap, then I personally will say that is not possible, maybe it will be possible in the future but it's not in this generation.
For any memecoin (no matter how big) to challenge bitcoin in market cap, bitcoin will first have to collapse, and we all know what will happen if bitcoin collapsed, it being the major force controlling the entire crypto market, will definitely make the entire market collapse as well, then maybe after that, a meme coin may rise to become the crypto market leader.
A memecoin surpassing bitcoin in its current form will be impossible. I also don’t think bitcoin will collapse any time soon so we can expect no memecoin to be surpassing bitcoin in any way or in any form in the next few years at least. People who speculate about bitcoin’s downfall never gets it right, no one does. We don’t know until when bitcoin will be at the top but I will bet that it will be there for quite a long time. There’s a high chance that memecoin might even collapse before bitcoin.

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June 01, 2024, 10:58:26 PM
 #39

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
Perhaps even from my slightest knowledge about bitcoin I already knew no coin will ever reach bitcoins status in future not to talk of memecoins, memecoins are often considered shitcoins and perhaps let's say one tops the league and makes it big does that mean it will ever challenge bitcoin? absolutely no!

no coin, no memecoins can ever reach the level of bitcoin to be compared or challenge in any way. bitcoin has a big community that memecoins put together can't reach.
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June 01, 2024, 11:15:41 PM
 #40

Is it possible that some meme coin might challenge bitcoin in future ? Why or why not ? I personally feel that though we may see some mem coin making it really big but it will never be at the level to challenge bitcoin.
Nope, also think that it wouldn't be able to challenge Bitcoin or be near it even in the future.
For me meme coins are initially created for fun, nothing serious that is how I see it, and it is just being used to pump and dump(most of shitcoins actually).
I also think if Elon didn't get into crypto DOGE and other meme coins wouldn't really be much or make a real big noise in crypto space.
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