Why Do People Invest Into DOGE?

[ilham nur77]

Doge is good if you like to gamble as they transaction fee is pretty cheap compared to bitcoin, the transaction speed is faster than bitcoin and a lot of gambling site accept doge. But i don't know the reason if people invest in doge for long term.

Perhaps the reason they invested Dogecoin in the long term is dogecoin is an old coin that still survive to this day and able to crawl up.

Yes I think also like that, an old coin that can survive it is very amazing, Whereas a long time ago many people had thought the Doge would disappear.

[iram3130]

I really see Doge coin as shit coin are a death star on our blue sky.
The coin is worth nothing, and i will never ever buy this coin.

If it's worth nothing then why it is one of the top coin.?
Fast and cheap transactions are the main asset of Doge and it's a great coin for short term. You can earn even with little investments.

[Spoetnik]

A joke? LOL
Doge is in the top20, it's listed on all exchanges.It's a big currency.

There is no doubt that Dogecoin is a major crypto-currency, as it is having a market cap of more than $400 million (the market cap increased by almost 2,000% during the last two months). I don't know how many crypto-exchanges list this coin, but I assume there are quite a few.  

ALL coins did.. we were over run by Indians and Chinese etc.. buying anything not nailed down listed on Conimarketcap.
Can't you tell by their horrendous English ?

There are no good retorts to defend Doge.

And yeah i too used Doge to get my shit off an exchange before because it was cheaper / faster.
But that can be said of any coin.. that does not say anything good about Doge.

And you all (noobs) keep saying you invest in it to gamble ?
Clearly you don't know what the words you are using even mean.
The only reason you'd "invest" is because of the hopes of turning a profit.
Why: see my previous comment about past popularity.
And when you "Invest" to gamble.. you are then GAMBLING.

I swear i am losing IQ points every time i come here now a days.. it just gets worse & worse.
All i see is Noob accounts posting silly bullshit gibberish.
And they all run their mouth like they think they are experts or something.

They all line up to say i "BOUGHT Doge coins because <insert stupid reason>"
And why is because they are desperate for profits.
Why would they CHOOSE Doge ?
Because the huge rush of noobs that showed up in 2013 latched into it making it popular back then.

But it's not 2013 anymore and none of these noobs here NOW are mining coins and got them free basically during the launch.
The entire facade has been played out already and will never repeat the same way it did before.

You all wanna buy another NASCAR paint job for 45k and chant "community" then go hard  

The funniest part of all here is..
All the noobs that are lining up the last while to sing the praises of Doge are doing it wrong.
NONE of them have been speaking in Doge speak hahahah

FAIL.

The new crowd of mush mouth foreigners flowing in hard are reallly reeeaaaaaly god damn fucking stupid.  

LIEKZ OMG SUCH EXCHANGER VERY PROFIT COINZ SO ROI'Z !!!!11111ONE

Please get off my thread, you're a racist prick and retarded as hell. They invest as they believe it's a great investment. You might critize their accent and grammar, however, they are smarter than you, much more. They dont spend their lifetime renting on a forum and actually do something and make profits. Go rent elsewhere. Broke. Kid.

I have what ever i want.. money is of no concern to me.
I also am not racist by saying Chinese and Indian users here flocked here hard & fast.
It's true.. and YOU know it.
I can tell easily by the English errors flooding this place.

I have every right here as a legendary account to point out how you NOOBS are posting idiotic bullshit.
You should stick to your own native language's section and quit butchering the English language with horrendous mush mouth garbage profiteering rabble.

XDA forums for my phone got over-run by Indians too and it was seriously messed up.
Damn near every user profile flag had an Indian flag on it ....overnight from out of nowhere.
I also seen proof it was because of a media blitz where they sold the phone i had there super cheap.
Which is fine but they adhered to none of the rules and were insufferable in every way shape & form imaginable.. many of us left because of it. (i've been there a handful of times since "my friend")
I sure as hell wasn't the only one to complain either.

I am not being racist i am simply pointing out what is ACTUALLY happening.
Go ahead.. read the topic titles here now a days.. clearly they are retarded or foreigners.

So sorry 2 post NOOB account YOU GET THE FUCK OUT.
Don't like my comments ?
Go make a new account about it cry FUD then buy more Doge coins kidiots.

I am not taking orders from a 2 post NOOB account.
And if you want some advice from a "poor" guy ?
Go buy a LEGENDARY account   ..you can have mine for 1000 BTC. <-- joke

Disclaimer:
Going into the Jamaican part of Toronto Canada (like i did before) and saying WOW there is no white people anywhere and pointing out how they all have a heavy Jamaican accent making it nearly impossible to understand them does not mean "I am racist"
I am simply pointing out what *IS*.

I also couldn't care less if people are noobs here.. what matters is the quality of what they post.

Member earlier when i brought up XDA forums ?
Well looky looky i have a 2 post noob account telling me off LOL

WHY ?
Because he was TRIGGERED because he is either Chinese or Indian and hates that i pointed it out.
He is apart of a massive MOSTLY FOREIGN crowd showing up right now.
Notice the other old users here making topics about it ?
I can show you a bunch of examples if you don't believe me.. so i am not the only one who noticed.

The other reason this noob is lipping me off is because i posted FUD about Doge coin.
And it is well deserved.
He's mad because he just showed up here and wants to get rich with a meme clone shit coin from 2013.
And he thinks i am bad mouthing his coin he's bag holding and this scares him because he wants other investors suckers to buy his bags and make him rich.

PS:
I am curious how do i rent on a forum ?
Is there something lost here in the Indian translation ?
Want to mouth me off ? No problem but learn English to do it please  

..and yes i am fully aware my English is really bad guys  

[scribbles]

Because a lot of people invest without reading a white paper or a single thread for that matter... If the coin even has a white paper that is!

A lot of people are about to get Doged, might just become a phrase.

[Clement Kaliyar]

Because a lot of people invest without reading a white paper or a single thread for that matter... If the coin even has a white paper that is!

A lot of people are about to get Doged, might just become a phrase.

Dogecoin is around for a long time and it is a fun coin where you can use it to tip other and the transactions fees and transaction speed are really good and we have some sites that accepts dogecoin,recently we saw some movement in the coin,either way it is a choice whether you would like to use doge or others coins in the market.

[Pab]

Becouse doge is cool,Thay have bed luck to scamers,thay have survived so many frauds and stealing.Doge has best community

[The Sceptical Chymist]

It's a good coin and frankly I'd rather own it than bitcoin right now (even though I don't own any currently).  Low fees, quick confirmation times--what's not to love about it?  I'd use it as money over btc any day of the week.   As an investment,  not so much.  It's stable relative to btc, but that's another attribute in its favor.

[TKeenan]

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.

Price has nothing to do with it. It's all about market cap. If DOGE had the potential to reach ETH's current market cap (EXTREMELY unlikely) you would make an 80x gain by buying into it right now. Don't count on that though lol (even if it did manage to reach that market cap in the future, ETH would outpace it by a large amount, making ETH the much smarter investment regardless).

DOGE is popular because it was a silly altcoin based on a meme that came out in the altcoin dark ages (there were a TON of "shitcoins" that offered basically no improvement to BTC or LTC). A lot of people bought it for fun, and it actually skyrocketed making a lot of people a lot of money. Most people back then thought they missed the BTC boat and would never have a chance to be rich like those who bought into BTC early. It gave everyone hope in the altcoin community again and is still popular because of it.

Does that mean it's still a smart investment? IMO, no. There are plenty of other projects with brighter futures and possibilities for more profit. I still think it deserves it's place on the top 100 chart due to its past though.

[uN-ann]

It's a good coin and frankly I'd rather own it than bitcoin right now (even though I don't own any currently).  Low fees, quick confirmation times--what's not to love about it?  I'd use it as money over btc any day of the week.   As an investment,  not so much.  It's stable relative to btc, but that's another attribute in its favor.

Besides "It's stable relative to btc", those aren't arguments. You're only argument is negated by the fact that bitcoins instability (lately) is insane growth.

[bitbob82]

Becouse doge is cool,Thay have bed luck to scamers,thay have survived so many frauds and stealing.Doge has best community

yes that is right, but still people want Doge to get up and raise again, and that is the reason that it is still surviving and hope that a time will come when it will Doge will regain its status again, so long term investment here is also a good option.

[The Sceptical Chymist]

It's a good coin and frankly I'd rather own it than bitcoin right now (even though I don't own any currently).  Low fees, quick confirmation times--what's not to love about it?  I'd use it as money over btc any day of the week.   As an investment,  not so much.  It's stable relative to btc, but that's another attribute in its favor.

Besides "It's stable relative to btc", those aren't arguments. You're only argument is negated by the fact that bitcoins instability (lately) is insane growth.

Sure, right now it just happens to be insane growth but it could easily crash.  Low fees and quick confirmations are two good arguments IMO.  It's kind of hard to deny, given how much it costs me to send bitcoin and sometimes I have to wait days for a confirmation.

[ppc.pt]

Why people should not invest in DOGE ? It's better to own DOGE than fiat, at least it's scarce

[Spoetnik]

Every single excuse ever made about Doge has been raped.
"FUN" ?
A currency is not suppose to be "fun" Investards.  
Nor is it..

Explain to me how the wallet icon makes it fun over say Litecoin.
Fuck you people are idiots  

It's a god damn currency for christ sakes.. not a fucking toy for CHILDREN.
Hell maybe we need a fucking Fisher Price coin for the young victims you are bullshitting ?

It works quicker than Bitcoin ?
WOW.
Seriously just WOW.. Investards.. what don't ?  

But if you want to sell your fucking house and get a loan and spend your fucking life savings on a CLONE coin that was viral 4 years ago.. GO HARD !
And while your at it why not Kitteh Coin ?
What ? Didn't know that when the clone called Doge launched there was 1,000 others ?

I can't comprehend how utterly retarded and scammy this stupid shit is.
I warned you all on the EXACT DAY it would tank and i was right !
I told you your fake community would then dump and run and THEY DID !
Then.. the dev announced he quit because of a lack of Community Support.

And here you all are now.

WOW.

Yup you are smart investors in meme clone coins that were viral many years ago.
Simply brilliant.

There is nothing to defend.. Doge is scammy retarded bullshit.
Launched as a joke the dev said.
Except it was not a joke but a cash grab.
One of a 1,000 scrypt clones that came out in late 2013 roughly.
It was not a ha ha ha for laugh type of funny joke.
It was scheme to suck money out of idiots via a clone "coin" with a new jpeg tacked onto it.
It's a scam coin because the dev said it was a joke.
Launching a currency as a joke means it's a scam.
Launching a currency that is a clone of Litecoin with a different Wallet icon makes it a clone coin scam.

Seriously are you all retarded ?
What the fuck is wrong with you ?

Wait !

I know damn well what it is.. you're corrupt greedy decetful little pieces of shit.
As long as DOGE makes you BITCOIN then yeah you are here defending it..
By bashing Bitcoin.. so you can GET bitcoin.. by defending a clone scam coin.

Simply brilliant.
Crypto mensa geniuses here  

[magmar]

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.

Simply because it's legit coin, low fee transaction, and the value of circulating supply is huge thus its support won't allow it to dump/die continuously.

[yusuf98]

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.

Investors who use dogecoin are not like altcoins and so, whether dogecoin investors switch to altcoin whose expectations are big in the future for the same price takes 1 year may be more

[DigitalPandacoin]

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.

If you are looking at Dogecoins 2.0 you could look at us. :

https://bitcointalk.org/index.php?topic=1960307.0
http://dev.digitalpandacoin.org/

[xypos]

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.

Agreed. Doge usually operates in cycles. Usually there is half a year to one year in between pumps where the price slowly drops off, everyone says that dogecoin is dying and is nothing but a memecoin etc. and the community seems dead.

Then at the end of that cycle, another pump comes and everything semes lively again. This is the stage we are in right now.

Dogecoin is actually quite useful for microtransactions, and it's a fun coin to play around with because you seem rich holding all that doge instead of hoarding that fraction of a btc lol.

[Spoetnik]

So you guys are simply ignoring the bad points about Doge ?
..smart "investing"  

All it is now is a pyramid scheme.
Know how those end ?
There is only one outcome.

[anami57]

Reason I like doge today is: price is high enough, an alternative to reducing high transaction fee like on bitcoin as it happens at the moment. Doge is my alternative choice in transacting into fiat after litecoin.

[jack1111]

I do not see any reason that make me invest into Dogecoin, we witness the age of the ICO, many projects have already made huge profits for their investors, and some have the same potential, so why to let them all and invest in Dogecoin.