Fact : 90% of posters here don't know basic things about currencies.
So funny.
Of course price will drop, since the market is flooded with DOGEs.
Compare coins with apples. Is there demand? If yes, price will go up highly.
THere's no demand? Price will start dropping.
In this case, there are MANY doge coins. Not many persons interested to buy.
When every miner dumps from multipool and floods the market.
Instead of holding coins and wait 2-3 weeks.
Im sorry to pop your EGO bubble, but you are in fact wrong on your facts and you are the one in your called 90% of posters here who does not know the basics.
Multipool does not autosell and multipool miners are not autosellers. They are just DOGE miners like everyone else in any other pool. They are NOT the cause of price drop.
2-3 weeks holding does not improve the price of DOGE on long term. It is simple logic that you are missing here. Think about it a little and perhaps you understand.
Initial demand for DOGE came from hype. Now its correction time. Price falls to normal level simply because DOGE is no "jackpot for everyone" but instead it is just another coin.
However. DOGE has big potential to become great coin!
What DOGE needs is all kind of advertising and Shops and Services to start accepting DOGE as payment.
Only then those tasks are accomplished the value of DOGE will start rising over the any other popular altcoin. Why? Simply because holding DOGE becomes more meaningful. At the moment DOGE is nothing but hyped coin which has no other purpose than trading for profit.
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One more thing i would like to add to DOGE owners to undersand. We are around 1/4 from block reward being halfed. If you are sitting on millions and you do not have to sell to pay your bills, then hold. In two months time you will get at least double of current price.
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