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Author Topic: Will Dogecoin have a future?  (Read 54514 times)
prrlc
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July 20, 2018, 10:55:02 AM
 #1821

Last year I did not believe the future of dogocoin but I am looking my favourites alt coins and I am see dogocoin better than my fovoirites Smiley

obermorley
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July 20, 2018, 10:56:42 AM
 #1822

My opinion is that Dogecoin ,there is no too clear future . Splashes, but it's not enough . I used to like this currency ,but this time has passed . I have other admirers .
Nikolas_the_Wonderworker
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July 20, 2018, 10:59:07 AM
 #1823

Small commissions and fast transactions with Dogecoin - this is the kind of characteristic that is critically important for users of crypto currency. Moreover, Doge enjoys the support of investors in the Asian region, especially Korean and Japanese. Dogecoin remains an interesting and promising tool, interest in which can grow in the future.
Cristopherus
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July 20, 2018, 11:00:59 AM
 #1824

It is just a joke that went too far and lives on its own. It will live on as a meme, but i doubt it will ever see much use.
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July 20, 2018, 11:02:32 AM
 #1825

This coin has repeatedly shown us its superiority over other coins.Of course this is not the coin that will enter the top 5 but in poslen possible that it will always be in the top 15!

pacho08
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July 20, 2018, 11:07:51 AM
 #1826

According to data available, no changes have been made to the code since 20th October, 2015, and since a burst of activity in the middle of that year, contributions have essentially ceased.
Perhaps more telling is that trade volumes have also declined sharply since the cryptocurrency's peak in popularity, according to CoinMarketCap.
Karina 3340
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July 20, 2018, 11:13:09 AM
 #1827

I think yes. This is a crypto currency that gives hope for its success. It is very complex and has a number of practical functions in use. At the same time it grows dynamically and confidently. I think it has a future.
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July 21, 2018, 05:35:33 AM
 #1828

I think it can have a good future if its developers can do good in its aspect of technology which will make it more useful to the technologists and that will increase its value in the cryptocurrency market.
Abiky (OP)
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July 22, 2018, 07:36:48 PM
 #1829

According to data available, no changes have been made to the code since 20th October, 2015, and since a burst of activity in the middle of that year, contributions have essentially ceased.
Perhaps more telling is that trade volumes have also declined sharply since the cryptocurrency's peak in popularity, according to CoinMarketCap.

True. This shows that Dogecoin has been completely abandoned in terms of development and innovation. While there are still people who actively trade and use it, the excitement won't last long as the cryptocurrency becomes obsolete in the future. By then, there would be no use to buy and hold DOGE since there would be superior altcoins in the market which serves the same purpose as the former with greater speeds and cheaper costs.

Nowadays, we have near-instant and fee-less cryptocurrencies like NANO and IOTA. They can be used exactly for the same purpose as Dogecoin such as sending micropayments, and tipping others at a fraction of the cost. Therefore, what's only contributing towards Dogecoin's life is its community, which may all fade sometime in the future. Just my thoughts Grin

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Giolmol
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July 24, 2018, 01:39:01 PM
 #1830

This coin is great and its locale is really huge with several supporters which by one means or another aides in keeping this coin on track. Be that as it may, it has been a while since this coin had any advancement thus, its future is impossible except if its engineers will do a few changes or the coin will demonstrate some change.
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July 24, 2018, 06:15:30 PM
 #1831

I think yes. This is a crypto currency that gives hope for its success. It is very complex and has a number of practical functions in use. At the same time it grows dynamically and confidently. I think it has a future.

Maybe or maybe not. Dogecoin is used and traded by many people around the world, but it still lacks development. I'm ok with that if it remains usable and practical for daily payments. But, as other cryptocurrencies advance in terms of technology in features, they will make Dogecoin look like an obsolete cryptocurrency in the future. With the massive community Dogecoin has, someone could take the initiative to continue with the development of such a good project.

But it seems, that there's no one interested in helping advance DOGE to become a greater cryptocurrency over time. I know that it was created as a joke currency, but now many have seen DOGE as a serious cryptocurrency for micropayments and tipping. Hence, it would be nice if someone or a group of people would take care of the development of Dogecoin by raising funds, or simply do voluntary work to achieve said purpose. And if this becomes a reality, then Dogecoin's future will be certain. Cheesy

IlfarIldarovich
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July 24, 2018, 06:39:00 PM
 #1832

I'm sure not. Developments himself said that the coin was invented as a joke, about what growth you are talking about. Yes, there will probably be growth if the capitalization of the crypto-currency market takes off several times, but in the current situation you can forget about this coin!
muratdur
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July 24, 2018, 07:27:12 PM
 #1833

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
The only one thing that I heard about dogecoin is that it is backed with a meme, lol. And that it has a great transaction fees that allow many people to convert cryptocurrency into a local currencies when they withdraw bounty money.

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July 25, 2018, 11:03:40 AM
 #1834

Just want to ask, why so? I wasn't attracted by dogecoin so far. I didn't see vital features in it and it's a simple bitcoin clone as you guys know this. Then I wouldn't spend my money on such speculative asset.
bgpsq
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July 25, 2018, 11:05:54 AM
 #1835

Dogecoin is based only on the meme, nothing revolutionary, everything is just fun and when market is falling, there is no fun - no value?
I think that people can invest their money into better altcoins Wink.
Abiky (OP)
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July 25, 2018, 06:20:20 PM
 #1836

The only one thing that I heard about dogecoin is that it is backed with a meme, lol. And that it has a great transaction fees that allow many people to convert cryptocurrency into a local currencies when they withdraw bounty money.

Well, this meme cryptocurrency has proven to be quite useful after all. Developers originally created DOGE as a mere joke, but now it's considered as a serious altcoin for the masses. Of course, you can't expect to do much with DOGE since it lacks development and innovation, but at least it functions as intended. Dogecoin can be compared as the original Bitcoin without SegWit, and Lightning Network. It's functional, practical, cheap, and fast, which is quite enough for anyone to use it without hassles.

I believe that with the level of usage Dogecoin has, it may never need to upgrade to become scalable, since it's doing perfectly fine. However, if in the future, Dogecoin gains massive usage among everyday people, it would need a talented development team, to help it scale either by increasing the block size, or simply implementing SegWit + Lightning Network. It's only a matter of time if there's enough interest among people in the mainstream world, to help this become a reality.

One thing for sure, is that there are better altcoins than Dogecoin itself which are faster and cheaper than ever. Someday in the future, if Dogecoin's community breaks up, the cryptocurrency itself might die because no one would become interested in using it. Just my thoughts Grin

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██▌░▐█▀
PROGRESSIVE
      JACKPOT      
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July 26, 2018, 11:39:03 PM
 #1837

I don't know, but I like this coin because it give a lot of profits Grin
another thing is they are stable price and have a good community supports
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July 27, 2018, 12:33:52 AM
Last edit: July 27, 2018, 08:25:40 PM by ha_ham_bk
 #1838

It's true, but those coins don't have the market cap that DOGE does. It's been within the top 20 for a long time now, I think the trust, speed and the ultra low fees
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July 27, 2018, 12:38:06 AM
 #1839

I never get why the Dogecoin got this Hype actually, and dont get me wrong, I know a lot of people who actually made money from trading DOGE.
But if we wanna look deeply, im not sure about its future. Unless the big community around this coin gets bigger and bigger, who knows, maybe more and more transactions using DOGE will appears.
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July 27, 2018, 12:54:33 AM
 #1840

I am somehow uncertain with dogecoin, what should i think of him.
The fact that so many new dogecoins are made every day does not motivate me to invest in dogecoin.
And what i can read here, i am not the only one who is uncertain about the future of dogecoin.

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