Bitcoin Forum
June 15, 2024, 07:45:07 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8  All
  Print  
Author Topic: Why Do People Invest Into DOGE?  (Read 8091 times)
Powsirpo (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
June 08, 2017, 11:12:05 PM
Last edit: June 08, 2017, 11:23:28 PM by Powsirpo
 #1

Why do people invest into dogecoin? I have been asked that question many time, I believe that it is worth a thread. Let's get right into it right now.

First, it is ranked in the top 15 cryptocurrency. Secondly, it is so cheap that if it has a slight growth, you will make A LOT. Basically, right now it is not even worth $0.01. The potential in this coin is so huge.

Dogecoin has various use, but I wont list it.

This is my reasoning behind it anyway.
As always, invest at your OWN risk.
irukandji
Sr. Member
****
Offline Offline

Activity: 629
Merit: 258



View Profile
June 08, 2017, 11:26:31 PM
 #2

Sure, why not?
jeffthebaker
Legendary
*
Offline Offline

Activity: 1526
Merit: 1034


View Profile
June 08, 2017, 11:56:58 PM
 #3


Dogecoin has various use, but I wont list it.


What are the uses of Doge? I don't think many people know what they are... and it can't both be top 15 marketcap and also be tiny with huge potential... it's one or the other. With that being said, people invest in Doge because they like to invest in memes. As far as memecoins go, Dogecoin is a Bluechip.. the gold standard. And there's nothing wrong with that justification for investment.
FlamingFingers
Sr. Member
****
Offline Offline

Activity: 1344
Merit: 288



View Profile
June 09, 2017, 12:06:52 AM
 #4

Why do people invest into dogecoin? I have been asked that question many time, I believe that it is worth a thread. Let's get right into it right now.
I am also one of those who ask why people invest in doge.

Quote
First, it is ranked in the top 15 cryptocurrency. Secondly, it is so cheap that if it has a slight growth, you will make A LOT. Basically, right now it is not even worth $0.01. The potential in this coin is so huge.
I don't think it's in the top '15' anymore. It's ranked as 19, according to coinmarketcap.com.

Quote
Dogecoin has various use, but I wont list it.
Other than being a way to escape Bitcoin high fees and delays, I don't think it has any other usages.


B.I.O.K.R.I.P.T|
  BiokriptX Fair Launch is now live in PINKSALE
|🟣 Twitter
🔵 Facebook
🟣 Telegram
just a man
Full Member
***
Offline Offline

Activity: 266
Merit: 100


Partner of UBER GRAB GOCAR


View Profile
June 09, 2017, 01:04:25 AM
 #5

Why do people invest into dogecoin? I have been asked that question many time, I believe that it is worth a thread. Let's get right into it right now.

First, it is ranked in the top 15 cryptocurrency. Secondly, it is so cheap that if it has a slight growth, you will make A LOT. Basically, right now it is not even worth $0.01. The potential in this coin is so huge.

Dogecoin has various use, but I wont list it.

This is my reasoning behind it anyway.
As always, invest at your OWN risk.
I am pretty sure that the reason why people invest in Dogecoin is because they want to get in on the hype and since there is a bunch of Doge available on exchanges they feel that they would make a bunch of money with all the coins that they have. Dogecoin is pretty tough to pump so I wouldn’t want to invest in it unless I had to send money to someone who has a Dogecoin wallet within few days ahead.

Alex_He
Sr. Member
****
Offline Offline

Activity: 490
Merit: 252



View Profile
June 09, 2017, 01:14:23 AM
 #6

My question would be why it's not even worth $0.01 in the first place…
prabakharras
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250


View Profile
June 09, 2017, 01:29:31 AM
 #7

If you buy dogecoin after the crazy hype back in those days when they dipped https://www.coingecko.com/en/price_charts/dogecoin/btc
surely made a lot of money. but after the rally, im not sure how doge compares with the other currencies.
there used to be a strong community yessir, but do they still have them now. I compelled to pick litecoin or monero instead

CoinCollector006
Sr. Member
****
Offline Offline

Activity: 350
Merit: 251



View Profile
June 09, 2017, 03:35:51 AM
 #8

My primary reason for buying Dogecoin was to have this available as aa currency for tipping on social networks, or personal interactions, etc. Secondary reasons were a good brand name, fast transactios (at least compared with BTC), accessible price that allowed purchase of 1.2M shares and belief that Dogecoin is likely to appreciate in value in the future.

      ░▓██████████████░
    ░▒██            ▒██▒░         ▓█████▓                               ░█████▒               ███                   
█████▓░     ██████░   ▒▓████      ██░░░▓█▓                             ▒███▒▓███              ███                     
██        █▓▒▒▒▒▒▓▓█▓▒    ██     ▒█▓    ██                             ███   ▒██▒                                 
▓█      ░█▓▒▒▒▒▒▒▒▒▓▓▓█░  █▓     ▓█▒   ▒█▓  ░████▓    █████   ░█████▓  ██▓    ██▓  ███████▓   ▓██   ▒█████▓   ███████▓
░█░    ░█▓▒▒░░░░░▒ ░▒██  ░█░     ██    ██░  ██  ▓█▒  ██░ ▒█▓  ▓█▓  ██  ██▓    ██▓  ███▒ ▓███  ███  ▒██▓ ▒██▒  ███▒ ▓███
 ██    ██▒░░░▒▒ ░░▒▒▓█▒  ██     ▒█▓    ██  ██   ▒█▒ ▓█░   █▓  ██   ██  ██▓    ██▓  ███   ███  ███  ▓██   ██▓  ███   ███
 ▒█░ ░▒█▒▒▒░░░░░▒▒▒▒▒▒█ ░█▒     ▓█░   ▒█▓  ███████  ███████░ ░█▓   ██  ██▓    ██▓  ███   ███  ███  ▓██   ███  ███  ░███
  ██ ░██▓▒▒░░░▒▒▒▒░░░█░ ██      ██    ██░ ▒█▓░▒░░  ░█▓░▒░░░  ▓█░  ▒█▒  ██▓    ██▓  ███  ░███  ███  ▓██   ███  ███  ░███
   ██  █▓██▓▒▒▒▒░▒▒▓█▒ ██      ▒█▓   ░██  ██       ▓█░       ██   ██   ███   ▒██▒  ███  ░███  ███  ▓██   ██▓  ███  ░███
    ██    ▒▓███████▓  ██       ██▒  ▒██   ██  ░██  ▓█░  ██░ ░██  ▓█▓   ▓██▓▒▒███   ███  ░███  ███  ░██▓░▓██▒  ███  ░███
     ██░       ░    ░██        ██████▓    ▒█████   ░█████░  ▓█████▓     ▒█████▓    ███  ░███  ███   ▒█████▒   ███  ░███
      ▒██          ██▒                                      ██                                                   
        ▒██░     ▓██                                       ▒█▓                                                         
          ▓██░ ▓██░                                        ██░                                                         
            ▒██▓
Tor Integrated & Secured
CryptoMensch
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile WWW
June 09, 2017, 03:58:45 AM
 #9

There are a lot of adopters and use it for transactions due to its stability, it has sentimental value, and now we are in a bubble so everything is going up

BANCOR
Recca297
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
June 09, 2017, 04:13:59 AM
 #10

I just invest into DOGE for short term because of it's low price; for long term I think others coin should be better
sulendra12
Hero Member
*****
Offline Offline

Activity: 2842
Merit: 526


SOL.BIOKRIPT.COM


View Profile
June 09, 2017, 04:21:32 AM
 #11

What are the uses of Doge?
Fast transaction, low fees, and stable altcoin (although this time Dogecoin gone wilder).

That's correct Doge is a meme and someone invest on Dogecoin just for memes thing. Beside that, traders who hold their coin on 2013 surely get profit from Dogecoin (2x or 3x). Because lots of supply that's really impossible to pass 1k satoshi.

..B.I.O.K.R.I.P.T..|
  BiokriptX Fair Launch is now live in PINKSALE
|🟣 Twitter
🔵 Facebook
🟣 Telegram
VoskCoin
Sr. Member
****
Offline Offline

Activity: 1414
Merit: 487


YouTube.com/VoskCoin


View Profile WWW
June 09, 2017, 04:25:38 AM
 #12

I invest in dogecoin because I have a shiba inu and simply feel obligated xD tripled my investment lol

Check out my Crypto YouTube channel
https://www.youtube.com/VoskCoin
If you enjoy my content click Subscribe
Scorpion
Hero Member
*****
Offline Offline

Activity: 887
Merit: 516


Bitcoin OG


View Profile
June 09, 2017, 04:32:07 AM
 #13


It has a real use as store of value actually.

zeze18
Sr. Member
****
Offline Offline

Activity: 938
Merit: 256


View Profile
June 09, 2017, 05:44:35 AM
 #14

For me doge is a coin that has good potential in the future, although today many people who buy doge only limited to transaction because it has cheapest transaction value and fast process when compared with other coins. But it seems doge Also has good potential As an investment.
Herbert2020
Legendary
*
Offline Offline

Activity: 1946
Merit: 1137


View Profile
June 09, 2017, 06:12:27 AM
 #15

Why do people invest into dogecoin?
because this coin started as a joke, then people liked the joke and stuck around and saw it can be mined and the reward was good. then the community grew and it started attracting a lot of attention and fun memes so more people came.

also it is fast and easy to use and super cheap (fees are 1 Doge!).
there aren't much to it that this, and the huge supply of multi billion is a big downside!

Quote
First, it is ranked in the top 15 cryptocurrency.
meaningless when the coin has 100 billion coins around!

Quote
Secondly, it is so cheap that if it has a slight growth, you will make A LOT.
correct about it being cheap, specially if you are talking about transaction cost
but wrong about growth. the rise is happening all over altcoin market and it is not specific to Doge or any other altcoin, they are ALL getting pumped. and they will ALL get dumped eventually.

Quote
Basically, right now it is not even worth $0.01. The potential in this coin is so huge.
not it doesn't have.

Quote
Dogecoin has various use, but I wont list it.
you won't list it because there aren't really that much. there are a couple of merchants who were Doge Meme Fans who added doge and a couple of game selling websites which did that but most of them went out of business because of lack of interest.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
ethereumhunter
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 541


Leading Crypto Sports Betting & Casino Platform


View Profile
June 09, 2017, 06:31:28 AM
 #16

What are the uses of Doge?
Fast transaction, low fees, and stable altcoin (although this time Dogecoin gone wilder).

That's correct Doge is a meme and someone invest on Dogecoin just for memes thing. Beside that, traders who hold their coin on 2013 surely get profit from Dogecoin (2x or 3x). Because lots of supply that's really impossible to pass 1k satoshi.

beside that, the best thing that many people is invest into doge is they can use it for playing gambling, they only need to send dogecoin into their account and its no need to wait too long, the amount can arrive with fast. the other reason is i think dogecoin is for fun thing so they can save it into their wallet for long term investment.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
imagimar
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
June 09, 2017, 06:41:42 AM
 #17

Personally, because of long term investment. And it's cheap.
pynetx
Sr. Member
****
Offline Offline

Activity: 798
Merit: 262



View Profile
June 09, 2017, 07:01:42 AM
 #18

I'm a very sentimental guy so I keep DOGE. Beside this we helped a few people to achieve their dreams and I like to tip not to gamble.
sumit513
Full Member
***
Offline Offline

Activity: 161
Merit: 100


View Profile
June 09, 2017, 07:15:45 AM
 #19

It's great for trading and also where else you get coins in thousands?
angrybirdy
Sr. Member
****
Offline Offline

Activity: 1022
Merit: 276


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
June 09, 2017, 07:21:12 AM
 #20

Why Do People Invest in Dogecoins?
-Popularity, Yes.
-Can be used in various gambling sites, yes.
-Affordable, biggest yes.

I think Doge is a good investment because of Gambling. It made this coin really popular.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Pages: [1] 2 3 4 5 6 7 8  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!