Bitcoin Forum

Don't you think dogecoin is now here to stay ???

After about 9 years that it was developed it has eventually turned many lucky or enthusiastic hodlers into millionaires and billionaires, you can check the internet on that. After it was taunted by many with different names.

The coin has raisen with over 1,000% since the beginning of the year and after the man who called himself Dogefather (Elon musk) appeared on the SNL, it dropped from its ATH of around  $0.72 to $0.51, $0.50 and that is because bitcoin also has dropped which signifies that as the number 4 position, it is now flowing with the tides of the market because it is highly traded also.
https://i.imgur.com/04NLuVa.jpghttps://i.imgur.com/Io61rlq.jpg

This is a good sign that it has started adding up in the crypto scheme of things because unlike in the past, it doesn't follow the line of altcoins drop or rise but now at the number 4 position, it has been queued in the rise and fall of bitcoin which is a good sign.

Some reasons for more dogecoin bull

1. It is now flowing with the rise and fall of bitcoin or volatility. This unlike in the past, when dogecoin was far below in the cadre, the crypto scheme of things never included it. Movement of bitcoin or ethereum were not really showing on dogecoin as such.

2. It is in the number 4 position and this means it is now in the eyes of hitherto investors who don't see it before now because it was far down in position.

3. It is listed in almost all the exchanges that popular coins like bitcoin, ethereum, bnb, litecoin and more are listed. So it is easy to be included in portfolios.

4. The high transaction fees of bitcoin and ethereum that has made coins like bnb, bsc, usdt popular will also increase the bull of dogecoin because it is cheap and fast.

Patient is a virtue many times as they say

After 9 years Dogecoin has become the greatest scam know and it is still attracting newbies worldwide willing to get rich overnight.

See below the main reasons why I wouldn't invest $1 in Dogecoin and the risks you face doing it.

https://bitcointalk.org/index.php?topic=5336465.0

If you want to become rich invest in Bitcoin, it's the only coin which will exist 100 years from now on.

I think everyone agrees BTC will go in the $xxx,xxx zone and this may happen sooner or later but it will happen at some point.

The last BTC will be mined in 2140 and the future generations will be there to get it. Nobody will remember some Doggy coin then.

Do you think these are gonna be the reasons for bull run? come on

As long as it is manipulated, the price will increase, otherwise it will not take much time to fall down.

Can't believe many people still believe in this coin. In my hometown, a lot of celebrities are still shilling Doge. They don't even know a thing about trading, fundamental analysis or technical analysis. Their profits just come from luck. If they bought this coin a little late, I don't think they can smile and show off their profits now.

Elon Musk has run out of miracles. Yesterday he tweeted again and Doge's price didn't pump as usual. You can choose to trust him again, but hey, he failed you once on SNL. There's nothing to be sure he won't fail you again.

And unlike BNB, Ripple or USDT, Dogecoin is a decentralized coin. It's still countable in whole numbers. It's so fast and so cheap to transact. Unlike ripple and some other coins and tokens, there are no specific rules in receiving or sending or activating the wallet. Just make one and you are ready to send or receive.

I won't count dogefather the only reason for current pump in price for dogecoin. And whatever he may tell or not tell, his influence on Dogecoin market, even if significant in past is in a decline. Which is a better thing for the Dogecoin itself. The price of the coin is determined by supply and demand and whatever the price maybe, Dogecoin would always remain a significant name in crypto market and a loved coin by many.

^ Probably and Dogecoin has a potential one.
I may think that Dogecoin will soon be normalized and widely accepted. But I believe DOGECOIN is the best option to initiate our agendas. Despite, the fact the BTC has more expensive transaction fees, it is the only Coin that is proven that would stay in the next 100 years. Other than BTC, I don’t think so. Sooner or later, BTC will be kept in the outer space, nodes will be kept there and will never vanish for at least 100-200 years. So, BTC has more tendencies to be a widely accepted coin, dogecoin will only become the alternative.

Now I know why they shilled Doge. They were hired to shill this shit and the people who hired them sold out after Doge was shilled. Coincidentally, not long after the sold out, Doge's father betrayed bitcoin and the whole market bathed in blood. All these Doge related things are just a kind of Ponzi scheme and the person behind it is Elon Musk. He's just a premium version of John McAfee.