Will dogecoin become like Bitcoin?

[Bizmark13]

Rather than follow LTC's lead Doge is slowly following Coinye's lead - the community support cannot overcome the inertia of miners dumping the coin for minimal profits.  Any rise in price is met with a few miners throwing ASICs at it for a couple hours and dumping.

Coinye was destroyed by a lawsuit. It seems more likely that Dogecoin is just suffering from a downtrend that's affecting all of the older more established altcoins (of which DOGE was probably the last). Both Peercoin and Litecoin have been experiencing the same decline for most of the year too as attention has shifted to the newer altcoins (of which NXT was probably the first and includes coins like DRK, XMR, etc.) which have popped up in recent months.

This can probably be moved to the alt coin section. IMO dogecoin won't ever come close to BTC prices. I don't think the devs even intend on that.  I guess anything is possible, but very very improbable

Assuming BTC price of $1,000 for simplicity, if each DOGE was worth $1,000 then Dogecoin at its current state would need to have a market cap of $90 trillion. So yes, it would be very, very improbable.

[lauraqtro]

I don't think so because of DOGE supply instead of bitcoin.

[JJB]

Lol. Seriously. Just look at the marketcap of Dogecoin. It will never be worth anything because of this. It's just not possible.

[bcmine]

dogecoin is a meme. in 10 years it will be part of history, i wish i could say something different like good or positive now. months ago i was thinking they could make it, but lost the tracks.... coin vusiness is very innovative and competative. even litecoin goes down to $3.5

[Mr Crabs]

dogecoin is a meme. in 10 years it will be part of history, i wish i could say something different like good or positive now. months ago i was thinking they could make it, but lost the tracks.... coin vusiness is very innovative and competative. even litecoin goes down to $3.5

It's based on a meme, but not one itself. It's popularity only comes from a joke though and that's what it is.

[BitCoinDream]

So the question is simple will Dogecoin come to a stage like BTC has does? 600$ mark? Or even 100$  mark? What is the main difference in these coins?

Because of unlimited supply, dogecoin will ultimately become an inflationary currency. So no chance of it being bitcoin ever.

[gondel]

So the question is simple will Dogecoin come to a stage like BTC has does? 600$ mark? Or even 100$  mark? What is the main difference in these coins?

600 no
But if the price of BTC skyrocket it is pushing the prices of all the other coins for certain time. When the 1000 bubble happened all the coins where to the moon too. If the support of DOGE continues it has a bright future.

[tss]

no and never

[mr angry]

So the question is simple will Dogecoin come to a stage like BTC has does? 600$ mark? Or even 100$  mark? What is the main difference in these coins?

Because of unlimited supply, dogecoin will ultimately become an inflationary currency. So no chance of it being bitcoin ever.

It's a pity the dev's will not reconsider the extremely high interest rate they have given DogeCoin. The original idea was it should have a hard cap.

[jersey19957]

It's hard it will ever reach 1 dollar imo 

[jonybroker]

It will not become like Bitcoin because of Supply.

[Limpuls]

Looks more that XMR, DRK, NXT going to get into second position under BTC. I mean these coins going replace LTC. But really not doge. Thats far to way.

[soulcity]

Has any one mentioned that Doge has billions of coins vs millions for bitcoin?

[Limpuls]

Has any one mentioned that Doge has billions of coins vs millions for bitcoin?

Yes, read one page back. However, can't wait so see what is going to happen in the crypto/alt world after 6months. Would be amazing if coins like doge, ripple and others shits be removed from market. BTC, DRK, NXT, XMR, XC will arrive

[richardramirez9]

Too scared to invest on there.

[Equate]

So the question is simple will Dogecoin come to a stage like BTC has does? 600$ mark? Or even 100$  mark? What is the main difference in these coins?

Because of unlimited supply, dogecoin will ultimately become an inflationary currency. So no chance of it being bitcoin ever.

Unlimited supply of Doge and tons of alt-coins with many innovative features , so Doge is far behind from becoming a top altcoin let alone BTC.

[Buffer Overflow]

What is the main difference in these coins?

Doge is embrassing. Bitcoin is not.

[Scharfenberger]

The main difference is that DOGE is already dying and BTC will stay as Number 1 on coinmarketcap because of the popularity and its possibilities to affect the real markets worldwide.

Would be better to give the POS-coins the chance to come up.

[gustav]

hilarious topic

[UrsaMajorisBeta]

So...what do you think about dogeparty?