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Author Topic: Will Dogecoin have a future?  (Read 54514 times)
ipanks
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March 29, 2017, 04:54:25 PM
 #61

i think dogecoin have a future, and we can see in the market yesterday, there is a movement from dogecoin and we can see that the price is increase from the bottom into high price but i think its not just in that price, soon the price will reach more higher. there are many people stock their dogecoin and waiting for the good price so they can sell it to make big profit.



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March 29, 2017, 05:17:13 PM
 #62

Well it seems to have had a bit of a pump today - it's up about 23%.

Yeah. Sometimes Dogecoin has this sorts of pumps, and while being little, it is a great way to make some profit if you take advantage of the price movements. Still, the Dogecoin has remained between the $0.000230 mark and I think that it will be that way for a long time (due to this high inflation). Perhaps, if someday Dogecoin could experience a reduction in total supply, it would make it a much more valuable altcoin.

In the meantime, it would be just to make use out of Dogecoin, as well as keep it alive by supporting it with full nodes, and other means. I have hope in this exciting altcoin, saving a little DOGE each day on a paper wallet for future use.

Nevertheless, in my eyes, Dogecoin will always be one of the best altcoins for daily use. Just my thoughts.  Grin

Actually, the steadiness of Doge's dollar value is what makes it a really useful coin. You can use it to move money from exchange to exchange without really losing through fluctuations of price.

Having a steady value means it is more likely to be used as a currency than as an asset. If more online retailers accepted doge, I think it would be used more than bitcoin (people tend to hoard bitcoins).

 
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March 29, 2017, 06:24:48 PM
 #63

Well it seems to have had a bit of a pump today - it's up about 23%.

Yeah. Sometimes Dogecoin has this sorts of pumps, and while being little, it is a great way to make some profit if you take advantage of the price movements. Still, the Dogecoin has remained between the $0.000230 mark and I think that it will be that way for a long time (due to this high inflation). Perhaps, if someday Dogecoin could experience a reduction in total supply, it would make it a much more valuable altcoin.

In the meantime, it would be just to make use out of Dogecoin, as well as keep it alive by supporting it with full nodes, and other means. I have hope in this exciting altcoin, saving a little DOGE each day on a paper wallet for future use.

Nevertheless, in my eyes, Dogecoin will always be one of the best altcoins for daily use. Just my thoughts.  Grin

Actually, the steadiness of Doge's dollar value is what makes it a really useful coin. You can use it to move money from exchange to exchange without really losing through fluctuations of price.

Having a steady value means it is more likely to be used as a currency than as an asset. If more online retailers accepted doge, I think it would be used more than bitcoin (people tend to hoard bitcoins).

Exactly, sounds a bit like what Ripple wants to be for fiat money. I am curious about if and how Dogecoin will be affected if Pepecash gets more and more attention.
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March 29, 2017, 10:57:26 PM
 #64

i think dogecoin have a future, and we can see in the market yesterday, there is a movement from dogecoin and we can see that the price is increase from the bottom into high price but i think its not just in that price, soon the price will reach more higher. there are many people stock their dogecoin and waiting for the good price so they can sell it to make big profit.

Price Doge will go to 0...10 and now just a local rebound
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March 29, 2017, 11:58:27 PM
 #65

I am not sure if there will be a bright future for dogecoin. It has so many coins that prices like 500 satoshi are not very realistic.
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March 31, 2017, 03:17:37 PM
 #66

Actually, the steadiness of Doge's dollar value is what makes it a really useful coin. You can use it to move money from exchange to exchange without really losing through fluctuations of price.

Having a steady value means it is more likely to be used as a currency than as an asset. If more online retailers accepted doge, I think it would be used more than bitcoin (people tend to hoard bitcoins).

True. That is why I think that Dogecoin might become more useful for everyday payments than Bitcoin itself. Having the convenience of speed and price stability, would help the cryptocurrency become used in the mainstream world.

I can't imagine that one day, Dogecoin might become accepted at local shops and retailers, making cryptocurrencies mainstream. Because of Dogecoin's strong support from its community, and usability, I think that the DOGE will never die.

It serves as a great tool to teach others about cryptocurrencies, as well as, tipping others, and more. Just my opinion.  Grin

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March 31, 2017, 03:48:10 PM
 #67

I am not a fan of Dogecoin as many of you guys, of other altcoins as well. If to look on the information of how Dogecoin was created (from a dog's mem). I doubt that something like that, what was created just for fun, can have some big perspectives for the future.
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March 31, 2017, 03:55:20 PM
 #68

Actually, the steadiness of Doge's dollar value is what makes it a really useful coin. You can use it to move money from exchange to exchange without really losing through fluctuations of price.

Having a steady value means it is more likely to be used as a currency than as an asset. If more online retailers accepted doge, I think it would be used more than bitcoin (people tend to hoard bitcoins).

True. That is why I think that Dogecoin might become more useful for everyday payments than Bitcoin itself. Having the convenience of speed and price stability, would help the cryptocurrency become used in the mainstream world.



I noticed a while back that because it is such a fun little coin, people are happy to tip with it. Which means they'll be happy to spend it too, if online wallets allowed them to.

 
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March 31, 2017, 07:54:21 PM
 #69

I noticed a while back that because it is such a fun little coin, people are happy to tip with it. Which means they'll be happy to spend it too, if online wallets allowed them to.

Yes. The Dogecoin is so much fun to use. You can buy them, sell them, and use it to tip others without losing anything due to its inexpensive prices. While it has so many unique characteristics, it lacks dev support, and innovation.

Speaking of online wallets, there is one from Dogecoin's official block explorer. It is pretty convenient if you tell me, and you can find it here: https://dogechain.info

I sometimes wish that new and exciting stuff would come up for Dogecoin, to encourage me to spend some more. It will all depend on the users who support the cryptocurrency. Just sharing my thoughts. Smiley

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April 01, 2017, 02:34:01 PM
 #70

I think the doge would have a better future.
I also like dogecoin, I often use a mining and trading dogecoin and that makes me very love with this coin is the price is very cheap and has a stable rate


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ipanks
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April 01, 2017, 11:57:53 PM
 #71

i think dogecoin have a future, and we can see in the market yesterday, there is a movement from dogecoin and we can see that the price is increase from the bottom into high price but i think its not just in that price, soon the price will reach more higher. there are many people stock their dogecoin and waiting for the good price so they can sell it to make big profit.

Price Doge will go to 0...10 and now just a local rebound

i hope you can see in poloniex that doge is start to wake up and increase the price. i see that many people is not believe that dogecoin will gets up like other coins but yes i am agree that this will need time before we can see its happen. i am still waiting for higher price for dogecoin and i think dogecoin can reach that price like before.



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April 02, 2017, 07:04:06 PM
 #72

A Doge to Ethereum bridge project is underway -

https://www.reddit.com/r/dogecoin/comments/61vg5k/dogethereum_we_can_do_this_dogether/
maku
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April 02, 2017, 08:10:31 PM
 #73

Dogecoin know that it is dead so now the only solution is to suck it off Etehreum, how sad.
Once big crypto mentioned as third popular altcoin behind Bitcoin and Litecoin will end up as flunkey of Etehreum.
Good luck to this project, maybe its devs will actually manage to rise Doge from the dead (just like SegWit for LTC is working right now)
ivanst776
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April 02, 2017, 08:47:08 PM
 #74

Dogecoin has been my favorite alt coin for quite a long time. It serves as a good cryptocurrency for tipping others, as well as being a fun and inexpensive medium of exchange.

However, I'm worried what might happen to Dogecoin in the future, since it has been quite some time that no new version of the QT wallet has been mentioned, neither some innovation to keep it going for the long term.

It would become ideal for Dogecoin to add SegWit to its code, and gain traction if it gains acceptance from the miners. Then, if it manages to become the first cryptocurrency to accept the scalable solution, it could rise in popularity once more (not to mention that transaction will be near instantaneous).

Nevertheless, Dogecoin is a great cryptocurrency being inexpensive and relatively stable, making it a great way to tip others or send micropayments faster than BTC at a fraction of the cost.

Looking forward to your opinion. Wink

I was thinking that dogecoin was dead and nobody is using it but when I checked the stats of dogecoin then it seems that it is being used pretty good from people, trading volume on poloniex is 900BTC+

While writing this post the trading volume in the last 24h has been increased for 200BTC+ which I think is a good recover for the DOGE which I though it became deadcoin.
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April 02, 2017, 09:00:23 PM
 #75

I was thinking that dogecoin was dead and nobody is using it but when I checked the stats of dogecoin then it seems that it is being used pretty good from people, trading volume on poloniex is 900BTC+

While writing this post the trading volume in the last 24h has been increased for 200BTC+ which I think is a good recover for the DOGE which I though it became deadcoin.
The trading volume usually goes up during a pump/hype. https://coinmarketcap.com/ shows $2,307,360   Volume (24h), but I can't see how that compares to for example a month ago.

I've noticed many altcoins "suddenly" go up a lot, I'm not sure why.
Doge has a history of going up once in a while, and crashing again later. In my previous post in this thread (a few weeks ago) I mentioned Dogecoin is quite stable if you measure it in dollars. Since then, it more than doubled in value, proving me wrong.

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April 02, 2017, 09:23:48 PM
 #76

I am not sure if there will be a bright future for dogecoin. It has so many coins that prices like 500 satoshi are not very realistic.
You really cannot come to a conclusion when it comes to any coin and with time you might see a good rally and you will never know unless there is some interest in the coin and till then make the most out of the coin with the pumps we have so that you could make a good profit from it.
horace08122
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April 02, 2017, 09:59:30 PM
 #77

Doge coin is stable and fast. Much more better than bitcoin. So, no doubt pump is coming one day
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April 03, 2017, 05:27:20 AM
 #78

Good to see that since I sold out the price has doubled!
It still hasn't pumped, it is back to a reasonable price though.

As each coin on Poloniex seems to pump one after another at the moment, it does appear possible that Doge will pump too, but I am not keen on getting back in at double my sell price!
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April 03, 2017, 07:34:56 AM
 #79

Good to see that since I sold out the price has doubled!
It still hasn't pumped, it is back to a reasonable price though.

As each coin on Poloniex seems to pump one after another at the moment, it does appear possible that Doge will pump too, but I am not keen on getting back in at double my sell price!
Just when I thought I am ready to give up on Dogecoin,suddenly the price jump to 30% more I'm glad I accumulated enough to make a small profit,but I will continue  to hold a big numbers I'm looking forward for doge to reach 50 satoshis I know it's possible.

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April 03, 2017, 08:02:26 AM
 #80

For more than 3 years I know about Bitcoin, Dogecoin is keep on 10-100 satoshi phase and never pass it yet.
There are a speculation Dogecoin had been dead for a long time ago because that price, regardless of the market cap.

Price is far from being the sole factor in determining the value of a crypto currency. Doge has been around for a long time despite being labeled dead and abandoned. Doge has also transferred its spirit into real world practical uses, funding charitable causes as recently as 2016. What other alt has had that sort of impact, positive or negative?

Long live Doge!

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