Post
Topic
Board Altcoin Discussion
Re: Can Dogecoin become the new BTC?
by
dunfida
on 04/06/2022, 20:42:50 UTC
another addition is that doge is very easy to manipulate by Elon Musk, even more so after Elon Musk bought Twitter. however, with one tweet, the price of bitcoin and doge can be manipulated by it, it's just that Bitcoin has a lot more community than that. other than that, come on, bitcoin and doge have very much different qualities. Coin doge is just a shitcoin controlled by Elon Musk. if there is a vote on this, i think bitcoin will really dominate.

Based on the total supply alone can be predicted Dogecoin will not be able to compete with BTC even 1% did not approach Cheesy
there are still coins that are more feasible than doge in addition, in terms of use of BTC more broadly while doge so far only on the exchange and casino
Very sure even though Elon became the Doge team that would not be able to replace BTC.
It is a memecoin which it would really be staying up that way and one of the factors that would disqualified it which it does have that big supply and i dont actually see its utility which is mostly been used on gambling.

We do even see some meme coins in the market which do follows on the same principle of this one but since this coin is old enough and still kicking then it cant really be denied its potential to last up for more years to come.
Supply alone is a solid indication that this isnt really that something that could surpass bitcoin and just to mind off even those good top ranking altcoins in the market cant even do the same thing.