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November 22, 2016, 09:49:43 PM
Last edit: November 26, 2016, 04:12:03 PM by TDutch
 #1

Dogecoin has entered the accumulation zone. Is it time to buy and catch the breakout? What do you guys think?



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November 22, 2016, 10:37:51 PM
 #2

I am holding some because I bet with them on directbet to avoid the high fees in every time I send a transaction, but I don't know if the price will increase in December like the recent year.
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November 23, 2016, 12:28:26 AM
 #3

Yes. If bitcoin drops thanks to the federal reserve raising interest rates (and hence the dollar), watch doge surge.

 
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November 23, 2016, 12:37:41 AM
 #4

You should move this thread to altcoin speculation, it's in the wrong board.

https://bitcointalk.org/index.php?board=224.0

The last pump was because ethereum said it might make use of doge. Since then there has been no reason for doge to pump. It would take some news like that, or another wolong to get a similar pump. If another pumper like wolong is accumulating it's time to buy, otherwise Bitcoin will give better returns.
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November 23, 2016, 01:10:12 AM
 #5

i am making dogecoin as another investment like bitcoin and when the price is down like yesterday, i am buying some amount with my bitcoin. i think dogecoin is good option too when we want to choose another coins to make invest and we can wait for the up price because i am believe that dogecoin is ready to gets high again.



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November 23, 2016, 03:38:03 AM
 #6

I'd stay clear of doge personally and stick to BTC but wont be buying BTC until we get a move down.
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November 23, 2016, 06:26:46 AM
 #7

what i think is that whenever someone is talking about buying a particular coin, there have only been two possibilities so far:
1. it is already too late to get in and they wanted to pump the coin more.
2. they are bag-holding and desperate for a tiny rise to be able to dump without losing much.

i have not figured out which one is this one but it will be clear enough soon.

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November 23, 2016, 06:54:09 AM
 #8

Dogecoin has entered the accumulation zone. Is it time to buy and catch the breakout? What do you guys think?



In my assessment there's nothing wrong to invest in dogecoin, besides this altcoin is one of the pioneering coin for a couple of years. And it has a big community in the cryptoworld. Its a good investment too for me.
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November 23, 2016, 08:30:39 AM
 #9

altcoins like Dogecoin which have a direct relationship with bitcoin price because they are being traded versus bitcoin and also USD at the same time, these altcoins are a risky investment these days because when bitcoin price goes up these altcoins take a huge hit to their price since they have to keep up the USD value they drop in DOG/BTC market

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November 23, 2016, 08:39:21 AM
 #10

There seems to me to be 2 ways forward for the Dogecoin price.
Either there will be another pump taking the price back above 60, as has happened 3-4 times before.

OR

a long slow death!  At the moment the price is slowly falling pretty consistenly, this could continue for a while yet getting the price down to 20 or even lower. 

The historical chart suggests that it is due a pump, but plenty of coins have slowly died too, so who knows!
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November 23, 2016, 10:27:46 AM
 #11

a coin based around a internet joke meme was bound to get old sooner or later.
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November 23, 2016, 11:47:45 AM
 #12

Altcoin old and now prices are falling as bitcoin go to the moon, not only that many other altcoins also be impacted  Angry
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November 23, 2016, 12:28:29 PM
 #13

There seems to me to be 2 ways forward for the Dogecoin price.
Either there will be another pump taking the price back above 60, as has happened 3-4 times before.

OR

a long slow death!  At the moment the price is slowly falling pretty consistenly, this could continue for a while yet getting the price down to 20 or even lower. 

The historical chart suggests that it is due a pump, but plenty of coins have slowly died too, so who knows!

actually i think the situation is going to be more like the second one: a slow death with multiple dead cat doge bounces! until the coin disappears because of the very low prices like 1 satoshi or so in a year, or year and a half.

and the only reason why it has been remotely relevant so far is because pumping a 30 satoshi coin to 60 is a lot more profitable and easier than pumping a 1,000,000 to 2,000,000

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November 23, 2016, 12:32:41 PM
 #14

thanks for info,already have a nice stock Wink

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November 23, 2016, 12:33:08 PM
 #15

Altcoin old and now prices are falling as bitcoin go to the moon, not only that many other altcoins also be impacted  Angry

It seems that theres a good prediction that this can ba big before the end of this year im keep buying when price is dropping and wait or use it for my betting inside directbet maybe it will rise up or not but for sure this coin will be active and will rise sooner or later.
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November 23, 2016, 12:48:51 PM
 #16

Altcoin old and now prices are falling as bitcoin go to the moon, not only that many other altcoins also be impacted  Angry

It seems that theres a good prediction that this can ba big before the end of this year im keep buying when price is dropping and wait or use it for my betting inside directbet maybe it will rise up or not but for sure this coin will be active and will rise sooner or later.
Theres still no sure about this kind of speculations on which DOGE could possibly rise on the end of the year.Its really good for those who bought doge on a cheaper price on previous years if price increase will might happen but for me i wont still buy DOGE on the current state because  i do have doubts that it may not even move after all even on next years.
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November 23, 2016, 01:30:45 PM
 #17

i am making dogecoin as another investment like bitcoin and when the price is down like yesterday, i am buying some amount with my bitcoin. i think dogecoin is good option too when we want to choose another coins to make invest and we can wait for the up price because i am believe that dogecoin is ready to gets high again.
Since the price of Dogecoin still low until now (29sats/DOGE), i think so if this is the right time to buying more Dogecoin. Last year, Dogecoin going up more than 100sats/DOGE, hope this will repeating again. The only problem is we don't know when Dogecoin price will up/rising.
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November 23, 2016, 01:33:02 PM
 #18

I dogecoin is done, it is the only coin that I know that crash during its halving, also no use case for the project and also the developers are no where to be found. It is good for speculators but for me I don't see the price going anywhere soon
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November 23, 2016, 01:50:46 PM
 #19

i am making dogecoin as another investment like bitcoin and when the price is down like yesterday, i am buying some amount with my bitcoin. i think dogecoin is good option too when we want to choose another coins to make invest and we can wait for the up price because i am believe that dogecoin is ready to gets high again.
Since the price of Dogecoin still low until now (29sats/DOGE), i think so if this is the right time to buying more Dogecoin. Last year, Dogecoin going up more than 100sats/DOGE, hope this will repeating again. The only problem is we don't know when Dogecoin price will up/rising.
No one would really know on when to rise its price but i think its somehow impossible to rise up again its price because only few people do tend to buy it and also im still have hopes on this coin because even how hard it moves its price but still its included on the top altcoins which is really good and could able to survive for 5 years. This coin is next to bitcoin when it was created but it didnt grow like bitcoin as of now.



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Rainbot
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hisuka
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November 23, 2016, 01:52:10 PM
 #20

I am also hold this altcoin doge for a long time now.
I dont know really if this coin will move up ahead or
will big a hit in the market. Hoping that the dogecoin
will give a big hit so we can gain profit.
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