Bitcoin Forum

I am not an expert i dont know much why a crypto currency go up or down

any expert opinion is there any chance doge coin can ever reach 1$ or 0.50$  0.10$ each Doge ?

Edit : Ok so looks like i am never gonna have a BMW, what about is there any chances for 0.10$ each Doge ?

well anything is possible, but for now that looks VERY unlikely. If it got to 1 cent it would be amazing.

No I don't think so. When you have a look at the actual available supply this would be kind of a wonder.
To reach the aim of $1 for each Doge you need a total market cap of more than 100 billion dollar.
I mean Bitcoin right now has to fight to stay around 4 Billion dollar market cap as the ultimate cryptocoin numero uno.
So very unlikely that this will happen.

I don't think so. It's very unlikely for it to reach that price unless economy collapse and people stop using fiat altogether....but chances of that happening are slim to none.

http://www.dailydoge.org/2014/03/02/will-the-price-of-dogecoin-ever-reach-1/

If you think 1BTC can reach 1million USD then its possible.

What a stupid question NOOOOOOOOOOOOOOOOOOOOOO

If you check the total coins in circulation then you know exactly what the market cap would be if 1 doge = 1 USD. Then you can also compare this market cap to bitcoin to realize this is not gonna happen any time soon..

It's the right answer  ;D
                                       
                                       
                                                     

I don't think so. The only valued coin among all the coins seems to be bitcoin which has that price which is known and has that value which is known. All the other coins are clones of it (maybe not in algorithm but in logic), So every clone have the value of the clone and will be never like the original.

Yes. Consider that there are individuals in this world that could make that happen single-handedly.

Lol no. Haven't seen one of these threads in a while. There is just far too many doges for it to ever be worth something like this. Maybe if everybody in the world adopted doge but that's not going to happen.

about 40 year

No

If you can see 10 cents per Dogecoin you should be thankful to God. 1$ is crazy, insane, impossible.

There might be a chance but it will be very low probability.
If Dogecoin can be well known as bitcoin as much, they might be happen the problem is "when"


hmm.... maybe more

Don't know if there is anyone here to be called an expert in crypto, by in my humble opinion, by the definition of your question, i would say there is always a chance for that.

When those kind of question arise i always remember quotes from the movie Dumb and Dumber:

"Lloyd: I want to ask you a question… straight out, flat out… and I want you to give me an honest answer. What do you think the chances of a guy like you and a girl like me… ending up together?
Mary: Well Lloyd… that’s difficult to say… you really don’t…
Lloyd: Hit me! Just give it to me straight! I came a long way just to see you Mary. The least you can do is level with me. What are my chances?
Mary: Not good.
Lloyd: [Gulps] You mean, not good like one out of a hundred?
Mary: I’d say more like… one out of a million.
Lloyd: So you’re telling me there’s a chance. Yeah! I read ya…."

It's funny but kinda sad, not realizing the probability of outcome.

I hope you understand my answer to your question. Its more like this will never happen, but there is always a chance.

Who knows if there's a possibility of a hard fork on future, Anyway on five years the course will be clearer.

thank you everyone for explaning , specially @Denker , @Sarthak , and lol @crazyjack

What about is there any chances for 0.10$ each doge ? i can wait 5 years

The same thing said some BTC holders at first, They sold early and you know the rest.  :)

That isn't the right question IMO.

Is there any chances for Doge to reach real world markets and services? Is there any chance to be used massively in shops online, to be traded to buy real stuff or used like store of value and then increase his value?

My answer is no, there is no chance.

but there is motherload of difference between quantity of bitcoins and dogecoins

The same that gold and fiat.  ;)

You're deluding yourself if you think that Doge will be hitting that level. The supply of Doge is just too great for the limited demand. The only way that a coin with a massive supply like Doge will ever hit those levels is if the U.S. dollar sees hyperinflation. Even then, the purchasing power won't be much different than it is now.

What's the features of dogecoin that could help it to reach to even $0.01 ? really nothing .... so the answer is no unless btc reach to 100 k USD .

Doge has shown us all the value of good PR. That's something that the more innovative coins is lacking.

Even an garage on sillicon valley or another place can be enough to start.......

For some irrational reason, I am a complete sucker for dogecoin.  If it ever reached $0.10/doge, I'd be set for life, but I doubt that's going to happen.  One never knows, though.  Cryptocurrency is so volatile that anything could happen.

You're not actually comparing Doge to Apple Computer. Are you? Doge is simply a "me too" coin with good PR where Apple is one of the most innovative companies in the world. There is no comparison.

I have mentioned it because make a comparisson beetwen Doge and Logo on a nascar is same thing just now.

I think it will not be possible. Never
As the dogecoin are in unlimited supply so there is no advantage to mine them(according to me).
Why are people wasting so much time on those?

i would be rich!

Because of miners still can get a lot with relative little effort (if you compare it to LTC for example) and then they can still dump it for a few dozens of sats. If someone have some "old" script mining gear what isn't profitable on LTC any longer and also have some cheap electricity, with DOGE it's possible to extend the lifetime of the gear and make a nice profit.

Impressive  :)

At current market I think Doge can not reach 0.10 USD  ;D In medium term, let say in three years - may be Doge can reach 0.05 USD  ;)

Mintcoins will probably reach 0.1$ sooner.

If you are dreaming of a new car I think better to buy Moneros instead. I am not saying Doge is bad but rather Monero is good pick.  :)

It is absolutely impossible as Dogecoin supply is just too much.
Everyone can become very rich if this is the case. Why would people spend 10 cents to buy Dogecoin when it offers nothing?

I remember thinking this same kind of thing when I first got some Doge. I did all the calculations in my head of how much I'd have even if it just went to one cent; then if it went to one cent, then surely ten cents was possible, then why not fifty or a dollar even.

Sigh.

If only.

I soon got out of Doge.

When you do the math, it's just not happening. The last chance was when all the last Doge was mined IMO. If it was ever going to happen, it was then.

There are already was some numbers, but lets summarize.

Dogecoin markercap should be $10 bln in order for every 100 bln dogecoins to cost $0.10.

ATH Bitcoin marketcap was around $13 bln. So it's a possible number for crypto. But is it probable now?
I don't know. I think several cryptos in the future would have marketcaps higher than that and dogecoin may be one of them.

I think most newbs think like this when they get involved in crypto. Many feel they missed the boat with bitcoin so they look for the next best thing but don't realize the math behind it. I'm surprised doge has lasted this long to be honest. Might as well just stick with bitcoin for potential future profit imo.

Nor doge, nor monero, nor any other digital coin will arrive such fantastic prices. They worth only for they developers even if it will be heard their words at the moment of their creation those are to important and particular. They serve only that their developers make money listing those in various exchanges. They live a few and then exist only as a names. Maybe doge is not in this situation but most of them yes.

A good point that shitcoins are valued only by the preminers who are usually the developers.
However, Monero is not such as the developers have purchased their coins from the markets along with others.
The fact that the there is a conflict of an interest between the developers and the investors is exactly the reason which distracts me from a coin. When the goal of a developer is the same as mine (like in case of Monero where some of the coins the developers bought are underwater), I am interested. That's exactly the reason why I am not investing in Darkcoin. It is considered as such a scamcoin premined by the developer(s) and then listed in exchanges. Yes, I could have made some money by investing in Darkcoin but the fact that the developer is capable to dump all his shit on the investors when there is at least a little meaningful liquidity, is something any prudent investor should be afraid of and run away and also warn others. The more there are people getting burned, the less there will be investments for legit coins/projects such as Monero.

1 ct would be a nice goal to reach first. If you buy a small amount of doge you can have your BMW easily by then :)

that is because its your own coin right ?

even if you have 1 Million Dogecoins and the price hit 0.01$ then it will be 10,000 USD, who is selling a BMW for 10k$ tell me fasttt ?

Thats right,I was trying to argue that doge such as anothers altcoins are at an early stage of development  so, as soon as  new applications emerge , His value can start to increase  and do not discount in any way that it can reach value of $1 usd at least someday. I have mentioned the history about "garage" because nobody  thought at the time that this project would be the beginning of a great success which later became Apple and Microsoft. Maybe someday peoples can buy shares of these two companies using Dogecoins or maybe not, Nobody knows.

Than you get more than 1 million doge.. ;) It is not that expensive to get even 5 or 10 mil doge at current prices.. (sure it costs a bit now, but you get your BMW right? ;))

Anything can happen. ANYTHING.
Future is an infinite mystery!

yup anything can happen in the future but dogecoin can never reach to 0.1$.
It's infinite supply is a major minus point to its future.
I don't even think that it will survive many years.

__________________________________________________

  Anything can happen. ANYTHING.
  Future is an infinite mystery!

Agree,
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It's infinite supply is a major minus point to its future.
I don't even think that it will survive many years.

If the problem is supply then they can adjust it with an hard fork when they want.

No i don't think doge can reach at this high price level in coming year, it looking much hard to reach at that price floor with current supply and market value.

That would give Dogecoin a $10 Billion market cap... Seeing as how BTC approached $7 billion, its not entirely unrealistic, just pretty unrealistic. Having said that, I am becoming a bigger fan of DOGE by the day, mainly due to its 1-minute transaction times. That is/was the most genius part of DOGE.

why you have this hope in Moneros? And what they are missing to get a crypto more valued?

In topic, one object could reach every value... because... there is inflation!
And
we can't know "the future" and what can happening in a long term.
But instead, in how many time 1 dogecoin have to hit 0,10 $ ? What is a "long term"?
Because, if we can wait "limitless" time, it's almost sure the dogecoin will hit this value, and about the "end" of the dogecoin chain (for any reasons...) in a limitless end point time, we can almost be sure of the same thing.
The question now will be:

Dogecoin will hit 0,10 $ ? If yes, before or after hit 0,10$, it can be "destroyed" or "abandoned" ? 

He doesn't. He's just part of a team of shills that constantly spam about Maneuro. I don't think he's actually person. Probably an advanced Google Chat bot.