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Author Topic: Will Dogecoin have a future?  (Read 54514 times)
aoluain
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May 06, 2017, 08:59:51 PM
 #141

Hmmm, Why has it been abandoned by the developers?
I dont have any dogecoin and dont really know too much about it.

There seems to be a bit of a trading revival on Poloniex since March though?

R


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Spoetnik
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May 07, 2017, 01:16:51 AM
 #142

Hmmm, Why has it been abandoned by the developers?
I dont have any dogecoin and dont really know too much about it.

There seems to be a bit of a trading revival on Poloniex since March though?

The dev long ago announced publicly he was leaving the project because of a lack of community support (as i predicted would happen)

But hey, a couple more $45,000.00 Nascar paint job's oughta do the trick.  Cheesy

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May 09, 2017, 09:26:55 PM
 #143

Doesn't make any sense to me. The developer isn't even around. Why is anybody buying this? Makes no sense at all even reading what you say.

It might still be here but nothing at all has been done with it. There's absolutely no news or nothing around it that make it go up. Seems like a very risky coin to put your money into as it was not very far off from hitting 1 sat at one point. Whats to stop someone from dumping all their doge because its a useless coin with absolutely no use case?

I've thought the same thing as you, mate. There is no innovation, or development in Dogecoin, making it quite obsolete among other cryptocurrencies. Not to mention, that the developer has abandoned DOGE quite some time ago.

That is why, I think that current price movements in the markets for Dogecoin, are just pure speculation, since the coin itself is nothing more than just another Bitcoin clone. Still, I love everything about Dogecoin, including but not limited to its community and usability. It makes it a very ideal cryptocurrency for making micropayments, and its inexpensive price, along with faster transaction speeds than Bitcoin.

Nevertheless, the future of Dogecoin is uncertain, as we might not know what will happen by then if the community stops showing its support for it, in trading activity and node availability. Maybe by that time, another developer would take over, or DOGE it will stay as it is right now, leading its way towards becoming a dead coin. Just my opinion.  Smiley

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May 15, 2017, 08:47:10 PM
 #144

I think dogecoin have a future, but from now they need a couple of improvement to their system to erase the bad impression of the users in this crypto currencies. Also they to earn new trust from the other users and it takes a lot of time before it happen.
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May 15, 2017, 09:40:25 PM
 #145

Doesn't make any sense to me. The developer isn't even around. Why is anybody buying this? Makes no sense at all even reading what you say.

It might still be here but nothing at all has been done with it. There's absolutely no news or nothing around it that make it go up. Seems like a very risky coin to put your money into as it was not very far off from hitting 1 sat at one point. Whats to stop someone from dumping all their doge because its a useless coin with absolutely no use case?

I've thought the same thing as you, mate. There is no innovation, or development in Dogecoin, making it quite obsolete among other cryptocurrencies. Not to mention, that the developer has abandoned DOGE quite some time ago.

That is why, I think that current price movements in the markets for Dogecoin, are just pure speculation, since the coin itself is nothing more than just another Bitcoin clone. Still, I love everything about Dogecoin, including but not limited to its community and usability. It makes it a very ideal cryptocurrency for making micropayments, and its inexpensive price, along with faster transaction speeds than Bitcoin.

Nevertheless, the future of Dogecoin is uncertain, as we might not know what will happen by then if the community stops showing its support for it, in trading activity and node availability. Maybe by that time, another developer would take over, or DOGE it will stay as it is right now, leading its way towards becoming a dead coin. Just my opinion.  Smiley

The market says its worth less and less. Look at the price dropping.  Can it be shorted anywhere because its headed to ....
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May 15, 2017, 11:07:25 PM
 #146

Yes it have a great future observer the dodgecoin price was a great sign of the potential of the altcoin and we can say that this coin will be one the cryptocurrency that will have a high price in the future and very good when investing in a long term.
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May 15, 2017, 11:47:57 PM
 #147

How much profit you are going to make with this coin depends upon how much patient you are to hold doge for a very long time,one thing is certain,every year we will see a rally in doge and i am watching it every year,the price plummets to its lowest at one point and after a long time the price would regain and will have a rally and if you are patient enough and want to make use of this,just get some when the price is low and off load when the rally is over.
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May 15, 2017, 11:54:21 PM
 #148

Yes it have a great future observer the dodgecoin price was a great sign of the potential of the altcoin and we can say that this coin will be one the cryptocurrency that will have a high price in the future and very good when investing in a long term.

Its only future is as a speculation tool for traders and moon chasers to waste their time on. Dogecoin offers nothing of value as a cryptocurrency, its just a meme that hasn't died yet.
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May 16, 2017, 01:07:10 AM
 #149

If delusional litecoiners actually believe what they say then they will eventually switch to Doge for faster block times. Otherwise, no.

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May 16, 2017, 02:00:13 AM
 #150

As Larry King once said of the future of the Merchant Marine, "It doesn't have one."
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May 16, 2017, 07:09:27 AM
 #151

This crypto scheme for profit is not popular anymore guys.
Move along nothing to see here..
You need to chase your ROI's elsewhere.

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May 16, 2017, 07:07:37 PM
 #152

I have little bit dogecoin
since I don't really know too much about it.

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May 17, 2017, 01:18:48 AM
 #153

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
Dogecoin has always been a meme coin, I really don’t think there is much of a future in the coin, it is great for tips that is true but that is pretty much everything the coin has going for it at this point, so if it were up to me I would just move on.
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May 17, 2017, 04:03:08 AM
 #154

I suspect that doge has not become a favorite coin yet 1 month ago.

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May 17, 2017, 04:08:37 AM
 #155

I have a little bit dogecoin since middle in the month of April & also buy some than that its price dumped & dumped day by day. in this scenario what should I do sell or hold?
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May 17, 2017, 04:11:06 AM
 #156

The price of dogecoin is good its 50 plus satoshi and before the price is 26 or 25 satoshi so If I sell my dogecoin today my money or my bitcoin double. But I hold it for 2-3 year because dogecoin I think will increase more maybe the price after few year will be 500 satoshi or 1000 satoshi. If they will reach that price Im so very happy. But I dont think dogecoin have big potential to reach 10 000 satoshi I think the maximum amount the only reach of dogeckin is only 1000 satoshi .  But I will tell you dogecoin a good coin it gives you profit after few years.

 
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May 17, 2017, 04:22:49 AM
 #157

Users need to look at what makes Doge different from other coins feature wise.
For starters if you want to talk about community then i'd go with Litecoin instead.
They have a proven die hard community that are not going to bail on you like the Doge dev + Doge "community" already did.

Then you have to look at spec's etc.
First thing that would jump out at me is the max supply of Doge.. it's not good !

Then what is it that made it even stand out in the first place ?
An unfunny meme ? uhhmm that is stupid  Roll Eyes

So when have you seen a meme go viral twice ?
It doesn't happen guys.

Then you have to look at the players in the scene.. they already did that.
They already did the Doge thing and probably don't want to repeat it all.
Further more it was timing.
Crypto exploded in popularity and Doge was started during the wave of that time period.
So.. i am talking about coin difficulty while mining.
The "Diff' was easy back then.. compared to now.

I could probably go on.. but well who cares right ?
Any coin that got popular before will always have cheapo coin buyers looking for that price bump to profit.
Anything 1 sat and previously popular is going to have guys buying them up and then running here trying to pump it up so they can cash out.
So i doubt Doge will ever fully die.. just linger forever like a bad disease.

I don't care what you all do.. i am just trying to get naive users to look at the facts.
Wanna buy/mine Doge coins etc ? Go hard guys.. i'm not going to stop you.

FUD first & ask questions later™
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May 17, 2017, 04:37:21 AM
 #158

Dogecoin can still be used as a store of value. So, it still has some use.

Is it true that only the main developer can code for the coin and improve it? I'm sure at some point in the future, applications will be built on top of it. I would be skeptical to believe that it would just die out as it is still an achievement in technology and adoption, albeit Bitcoin and Litecoin came first.

Despite all the negative talk, the truth is that Dogecoin still has a relatively strong community (#5 Community Score)
https://www.coingecko.com/en?sort_by=community_score

It is a meme coin that inspires fun and gives hope - and is a store of value. Not every crypto needs to have a serious worldwide utility like XRP or ETH.
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May 17, 2017, 04:53:59 AM
 #159

Dogecoin can still be used as a store of value. So, it still has some use.

Is it true that only the main developer can code for the coin and improve it? I'm sure at some point in the future, applications will be built on top of it. I would be skeptical to believe that it would just die out as it is still an achievement in technology and adoption, albeit Bitcoin and Litecoin came first.

Despite all the negative talk, the truth is that Dogecoin still has a relatively strong community (#5 Community Score)
https://www.coingecko.com/en?sort_by=community_score

It is a meme coin that inspires fun and gives hope - and is a store of value. Not every crypto needs to have a serious worldwide utility like XRP or ETH.
Indeed, if we consider other cryptocoins to be useful then why not doge?
Afterall it is one of the leading cryptocurrency considering market cap.
One of the major advantage I see as a dogecoin user is fees. Dogecoin can be send with a minimal fees of just 1 DOGE making it accessable to everyone.
Spoetnik
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May 17, 2017, 05:44:55 AM
 #160

What good is a "coin" if too many are created ?
How do you side step that glaring critical issue ?

FUD first & ask questions later™
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