djordjamayna
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April 03, 2017, 08:19:22 AM |
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I have done some researches and I can say it will rise in the future
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kryptqnick
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April 03, 2017, 08:35:14 AM |
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Dogecoin is an inflationary coin. While it may have a stable price and be very useful in micro-transaction, it is unlikely to attract speculative investors. So the price is not likely to take off.
Inflation is something we consider to be bad for a coin as there are ways in cryptoworld to avoid it. Nevetheless, the real money we all use most of our time is all inflationary and we seem to be okay with it. What is really good about doge is that it can not face a fork problem. And this is what may make it popular in the future in case bitcoin and ethereum suffer from a hard fork. Oh, and you were saying that doge price is not likely to grow much but it is growing as we are talking. Almost +50% for the past 24 hours.
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e-coinomist
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April 03, 2017, 10:16:39 AM |
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I have done some researches and I can say it will rise in the future
care to share? Well it seems to have had a bit of a pump today - it's up about 23%.
That has been pointed out at 3/24/2017 when the dog made a first small leap from 23 satoshis. Would tell from today's jump: Pump is on
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Abiky (OP)
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April 04, 2017, 01:39:07 AM |
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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
Agree with you, mate. If we put ourselves together as a community, we could help Dogecoin reach new heights, even if there's no development or innovation for it. The recent price increase for Dogecoin has been quite profitable for those who have held onto their coins for a long time. I hope that it could decrease in price a little, just to grab a few cheap coins. But other than that, Dogecoin is still cheap and serves as a great way to tip others at a fraction of the price. Nevertheless, it would be quite interesting to see how much a Dogecoin would be worth in a couple of years from now. Just my opinion. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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iamTom123
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April 04, 2017, 01:43:57 AM |
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Dogecoin is an inflationary coin. While it may have a stable price and be very useful in micro-transaction, it is unlikely to attract speculative investors. So the price is not likely to take off.
That can be a good problem for DogeCoin. This coin can be packaged as a coin just to have some fun and can work in the long run. The fact that there are no updates and activities related to this coin can tell us that there is no good community built behind this coin and that is something we don't like. Having a community backing and working for any coin counts a lot. I am hoping that soon developers of this coin would be seriously working to make it another serious digital currency that can stand and compete with the rest.
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e-coinomist
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April 04, 2017, 06:40:23 AM |
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Dogecoin is an inflationary coin. While it may have a stable price and be very useful in micro-transaction, it is unlikely to attract speculative investors. So the price is not likely to take off.
That can be a good problem for DogeCoin. This coin can be packaged as a coin just to have some fun and can work in the long run. The fact that there are no updates and activities related to this coin can tell us that there is no good community built behind this coin and that is something we don't like. Having a community backing and working for any coin counts a lot. I am hoping that soon developers of this coin would be seriously working to make it another serious digital currency that can stand and compete with the rest. Highly inflationary even. But hoovering on a stable satoshilevel for monthes, so these two effects ballance out each other: adoption vs. mining. The current lack of a devteam itches me too, if comparing with litecoin. Still stuffing all scrypt coins into the same bag here.
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NUFCrichard
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April 04, 2017, 11:40:41 AM |
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Dogecoin is an inflationary coin. While it may have a stable price and be very useful in micro-transaction, it is unlikely to attract speculative investors. So the price is not likely to take off.
That can be a good problem for DogeCoin. This coin can be packaged as a coin just to have some fun and can work in the long run. The fact that there are no updates and activities related to this coin can tell us that there is no good community built behind this coin and that is something we don't like. Having a community backing and working for any coin counts a lot. I am hoping that soon developers of this coin would be seriously working to make it another serious digital currency that can stand and compete with the rest. Highly inflationary even. But hoovering on a stable satoshilevel for monthes, so these two effects ballance out each other: adoption vs. mining. The current lack of a devteam itches me too, if comparing with litecoin. Still stuffing all scrypt coins into the same bag here. It was hovering against USD as Bitcoin was rising. That doesn't make it a good alt to invest in though, even if it is better than some others that tank whenever Bitcoin goes up. Maybe the rise yesterday was it, each pump is smaller than the last, as it should be with an inflationary coin. I mean, at the end of the day, it is a coin based on a meme of a dog with bad English, it probably won't stay the course long term.
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Lineranger
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April 04, 2017, 09:59:23 PM |
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Dogecoin is an inflationary coin. While it may have a stable price and be very useful in micro-transaction, it is unlikely to attract speculative investors. So the price is not likely to take off.
That can be a good problem for DogeCoin. This coin can be packaged as a coin just to have some fun and can work in the long run. The fact that there are no updates and activities related to this coin can tell us that there is no good community built behind this coin and that is something we don't like. Having a community backing and working for any coin counts a lot. I am hoping that soon developers of this coin would be seriously working to make it another serious digital currency that can stand and compete with the rest. you just don't know , bitcoin user = dogecoin user more than 50% i believe top 3 cryptocurrency owned by people are dogecoin included so i can say , bitcoin community member = dogecoin community member too.
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silversmith
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April 04, 2017, 10:26:07 PM |
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Yes, DOGE will have a future... On Yobit, trading for 1 satoshi.
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chineseprancing
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April 05, 2017, 02:56:40 AM |
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Yes, DOGE will have a future... On Yobit, trading for 1 satoshi.
Just monitor all the altcoin you have because time to time they have a possibility to disappear if some other coin will edge them and has a great value, make sure that you will go on the flow on the community of altcoin and do not put your money in one coin you should invest in multiple altcoin to minimize the risk and also always careful invest only the money that you can afford to lose.
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e-coinomist
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April 05, 2017, 04:11:00 PM |
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It was hovering against USD as Bitcoin was rising. That doesn't make it a good alt to invest in though, even if it is better than some others that tank whenever Bitcoin goes up. Maybe the rise yesterday was it, each pump is smaller than the last, as it should be with an inflationary coin. I mean, at the end of the day, it is a coin based on a meme of a dog with bad English, it probably won't stay the course long term. Take a look at the blue line at https://coinmarketcap.com/currencies/dogecoin/#charts that's the total value "Market Cap" of the complete currency. Just "price" reaching 106 Satoshis like has been on 9/27/2014 pump or 126sat from 1/28/2016 (duh! actually that IS higher from pure BTC valuation) does not paint a complete picture. We are at 46 million Dollars now. The mood point is about selling DOGE to a millionaire like one million cash, black suitcase style, over the counter for any amount of DOGE placed on a piece of paper. That might just fail. Exactly at this point the definition of "investment" fails. So economy impact rising, investing still not advised. That would render a future for tipping stuff, reddit style and such. DOGE has a nieche future where the biggest coin could not prevail (TX Fees!)
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cryptogear
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April 05, 2017, 04:18:36 PM |
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BTC was pumped, LTC was pumped, now its time for DOGE
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CorePrime95
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April 05, 2017, 07:37:48 PM |
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Dogecoin is simple and funny way to introduce people to crypto. It is just fun. I don't think it will be top 5 currency, as there are more promising candidates like Byteball, but it will be top 10 still.
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buwaytress
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April 07, 2017, 10:19:10 AM |
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So economy impact rising, investing still not advised. That would render a future for tipping stuff, reddit style and such. DOGE has a nieche future where the biggest coin could not prevail (TX Fees!)
This is exactly what Dogecoin is, without ever really having said so. It is a niche coin, with a famed legacy of tipping/charity/generosity in the crypto community. So many other coins try to develop in their own niches (ETH for smart contracts, Monero for anonymity) but very, very few actually get used in their practical, intended sense. Doge has a niche market, and its future lies there.
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alyssa85
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April 07, 2017, 10:27:16 AM |
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It was hovering against USD as Bitcoin was rising. That doesn't make it a good alt to invest in though, even if it is better than some others that tank whenever Bitcoin goes up. Maybe the rise yesterday was it, each pump is smaller than the last, as it should be with an inflationary coin.
I mean, at the end of the day, it is a coin based on a meme of a dog with bad English, it probably won't stay the course long term.
We live in an era where memes are everything. I mean Trump won the presidency with a meme. Doge is by far the friendliest coin out there - it has had very good mainstream press (thanks to sponsorship of the Jamaican bon-sled team and that Nascar guy). I'm not worried about the lack of new development, it works just fine, so why mess with it? Sometimes focusing on the social instead of the technical is just what a coin needs to make a breakthrough.
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Pearls Before Swine
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April 07, 2017, 10:52:26 AM |
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Agree it's a fantastic crypto. What I like best is the quickness of confirmation times, which is so much better than bitcoin.
Yes I think it'll survive, but I'm gloomy about its future price prospects. In that respect I think bitcoin is gonna do much better. But who knows, doge could surprise us all. Look at what dash is doing. You just never know with these things.
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hoian0809
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April 07, 2017, 12:19:05 PM |
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Dogecoin and other cryptos are no different. Treat it as a currency, and do amazing things with it, and you'll never go wrong.
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Teraboy
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April 07, 2017, 12:31:10 PM |
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Agree it's a fantastic crypto. What I like best is the quickness of confirmation times, which is so much better than bitcoin.
A lot of the altcoins are having instant transaction right now, like nem it just take a second to gets delivered. I will not gonna surprised if that wasn't a special thing in crypto.
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Text
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April 07, 2017, 01:25:05 PM |
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I think dogecoin has also a room in the future like other competitive altcoins. I think sending transaction is not the issue because mostly of them are already fast and easy. All of them have common features and small differences. Their success will depend on the users.
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pereira4
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April 07, 2017, 02:26:16 PM |
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Dogecoin's greatest feature is its big community, it's got one of the biggest subreddits, always active. Of course, tech wise is just another altcoin, but community goes a long way. I can see it getting its good pump from time to time.
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