Bitcoin Forum

Has dogecoin ever been consider a real reliable coin?
Dumping at extreme levels  :'(

for a long time ,i didnt buy this coin , i saw it rose , and being dumped, i thought at 40 its gonna rise again , so i bought it and instead of rising it were dumped, so i bought again at 32, 28, 25  and 23 ( i would buy it at 20 also if i had more btc) .... its not rising at all .....

what dit i missed??

aaah i think i missed this :

gonna make an buy wall at 10 , you knever know :)

It might be because doge has an unlimited coins.
So with its amount of coins that never ends, if so, it's gonna be so hard for the price to go up.
I personally use doge only for small transactions, such as wd or deposit to other exchanges.
So that's what happened, huh.

It is a trash coin, no doubt about that but it is the best trash coin and its coin distribution is not fair so this dump seems very normal to me. Keep away from this kind of coins.

All people have no profit when investing in Doge, which causes the market to drop in price in just two months. I hope the Doge development team needs to take measures soon because I am so disappointed with this market.

i think so , dont have other explanation....

Just look up the history charts of dogecoin and Bitcoin. Dogecoin is, like many alts, the bitcoin price with little differences. Although it is an infinity coin, it has raised its worth for years

That just like a big bet in doge, If you are expecting the price will recover again but what will happen if the price will still plunged to the bottom, like i buy the doge in 7 satoshi each and in the future that worth 3 satoshi each.

Even with all the volatility in the market, the Chinese ban etc.....we haven't yet seen mainstream adoption of cryptocurrencies/altcoins. When we do, that's when you will pumps of all sorts of coins due to hype, fomo and lack of general undmanager distancing of coins in general.
I have some doge and definitely going to hodl for this reason.

The usual pump n DUMP stuff with this coin ... nothing new. I wonder why people invest in this sh*t ? You have better chances for a profit by putting all on red lol.

typical dogecoin moves, i still dont know why people following this one

what will happen if it hit the bottom  ?? simple i lost some btc .....
most of the times doge are used to transfer btc from one echange to an other

look at the long term movement whenever you want to look at the charts not only a small part of a chart. and if you do, you can see how Doge is one of those coins that keeps losing its value over time. i remember when i started Doge was worth more than 300-400 satoshi and now it barely keeps the 100s

it is an interesting theory that @kaltun shared above about BTC38 cold storage though.

i just share the theory i saw on the dogethread :)......

but when the doge was 400 sat , the price of bitcoin wasnt high like now, i bet that 20sat now is more then the 400 sat from then :) ....

its an old dog :) , one of the oldest crypto who actually began as joke ( meme)....


this is crypto , i am gonna make some 10sat wall ( i have to make btc first  ::) ), i do not think its gonna hit the 10 buuuttt you never know :) cause

There was a time when Doge was a potential market in everyone's eyes but now it's disappearing because the market is in crisis and everyone just wants to sell dogecoin. I still believe in dogecoin but now I can't,

No surprise Doge is doing badly, according to data available, no changes have been made to the code since 20th October, 2015, and since a burst of activity in the middle of that year, contributions have essentially ceased.

What could happen with one dead coin without any innovation? It's getting dumped.
I would recommend you to stay away. Last time I bought done was 2 years ago!

As far as I know there were many many Doge stored within China and when the recent news happened this caused all of the coins to be dumped on to the much smaller European/America/RoW market, personally I have bought a few now in the low 20's and will hold on to them for a while, while it is possible the price could fall further in to the teens I think that given time it will rise again.

Why do you think Doge will rise again? Except for hope do you have other reasons?

To be honest, doge coin created at the first is just for fun. And people got hyped then it has value. But in this new era of crypto doge coin technologies is obsolete thats why people does not use it annymore and also no further development at it.

DOGE is a coin based on a meme and the hype is gone. It was not meant to be a serious coin that would last forever.

I believe some pump will be  ::)

Dogecoin is a coin which is really useful for small transactions. I myself use dogecoin whenever I want to send small amounts. I wonder why dogecoin is falling. Price might increase in future. In any case I think dogecoin is one of promising altcoins.

I still reminiscing those days of dogecoin
Today it appears as a fun altcoin that has very little support
https://www.coingecko.com/en/price_charts/dogecoin/usd

At least it's inflationary and interesting to see how it will develop alongside the bitcoin me too alts

A coin created for fun, that almost no one uses and without further development.

And why somebody is waiting for a pump?

Can be use for quick transaction if you are a traders and a gamblers too, with less fee I guess some gamblers considered using doge as their base for their gambling activity aside from that I don't have any other idea why investors will use it.

It is a meme coin at its best and was able to survive in cryptoworld because of the loyalists that supported it. It is an "okay-ish" coin when the market is bullish and all is well but when the blood in the streets became prominent because of China FUD, people will undoubtedly sell this coin. It has no real value and no development plan. I must say, it is not good to invest in here when the market is still like this. It's better to stay away from it and let the market recover.

Buying at the bottom levels would be nice in the future but as you can see, the BTC market is still struggling and we still don't know if Dogecoin already hit the bottom. Take appropriate care in trading this coin. 

this is just a fun coin so anything can happen to this coin. dont see doge dev for a long time

Atleast doge existed as an old altcoin, before much altcoin was scattered as it's now. It cann't be denied, many people or parties who have reaped huge profits from doge trade.

We are always waiting for Pump! And miss when it happens!

everyone known that. doge is just create for fun but not many people known it and invest their money for a meme coin