Why Do People Invest Into DOGE?

[HatakeKakashi]

Doge coin is one of the best  cheapest price currency. And i believe dogecoin have more potential compared to the other cheap altcoin. Because if you invest in cheap price if they increase little onlyvyou earn a lot of money compared to the high price of altcoin they need to wait few months before theyvmoney become double. Doege coin for sure will hit 1000 satoshi befimore the end of this year 2017.

[Spoetnik]

Its about ratio. It doesn't matter of its less then 2 cent. You simply use more of them. Wju do people buy doge ? Eh... Have you checked the exchanges lately there buddy ? You know yobit offers a nice 1% per day for doge hodl. There two very good reasons. Also doge has stood the test of time and is one of the strongest and longest standing coins out there. This is fact.

You'd make far more taking your money and putting it into a Banks savings account.
And that would be guaranteed profit on a legit & legal platform.. with out supporting scammy bullshit clone coins for *possible* ROI's.

And no i didn't know that.. why would i use Yobit ?

And after that ? Now you are lying your ass off.
Before the recent pump of all coins Doge was in the dumpster for years. (no user support or attention + a low price)
Hell the main dev left citing a lack of support from the community.. looooong ago.

Yup.. Investors you should buy high during a pump/rise of a pointless "funny" currency clone that went viral 3 years ago and then "HODL"
Because nothing says ROI's like unlimited max supply + mining.

[robelneo]

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.

They are worthy to be in your portfolio especially now that the price if very good compare two months ago, they will not go out and they will always be part of the top cryptocurrency,although the full potential has not reach,people in the dogecoin community has a lot of room for improvement.

[droblin]

Why do people invest into dogecoin?

I bought Doge for 100$ in late 2013. Now it worth about 10 times more. So I rephrase your question - why people don't invest more in Doge?

[ostsee77]

Why do people invest into dogecoin?

I bought Doge for 100$ in late 2013. Now it worth about 10 times more. So I rephrase your question - why people don't invest more in Doge?

Yes. i have buy   100.000 doge for 45€ at 2013 
and lost 5000 in the christmas hack 2013   25.12.2013  long long time ago

[mackenzied]

Doge coin is one of the best  cheapest price currency. And i believe dogecoin have more potential compared to the other cheap altcoin. Because if you invest in cheap price if they increase little onlyvyou earn a lot of money compared to the high price of altcoin they need to wait few months before theyvmoney become double. Doege coin for sure will hit 1000 satoshi befimore the end of this year 2017.

Firstly, Dogecoin can be used in gambling, it's a very good way to gamble, secondly, Dogecoin price is very cheap now so that you can buy a big amount of Dogecoin and when its price is higher, you can earn a bigger profit

[niisarearning]

Because dogecoin value most of tim e depends on bitcoin value . But I don't see people are investing money on earning doge coin i would recommend faucet is more than enough to get  good amount of bitcoin i already earned near 1k in 2 months .You can check this http://freedoge.co.in/?r=927477

[ostsee77]

Many others are dead doge still alive

[niisarearning]

Many others are dead doge still alive

Yes exactly .i can clearly say that doge coin follows bitcoin the name only suggest dog always follows owner so if people really have a patience to wait bitcoin growth upto 10000$ then that will be really worth because doge will also reach about cent value.

[fikihafana]

Doge coin is old coin with huge community, doge coin is really nice coin to invest for long term because of cheap price, huge community and masive adoption in ecommerce

[bitbob82]

Doge coin is old coin with huge community, doge coin is really nice coin to invest for long term because of cheap price, huge community and masive adoption in ecommerce

yes that cab be the fact that Doge has a big community. it can regain its previous position but it may take a lot of time. it can only be possible that when people will start taking interest in Doge coin, so my view is investing in doge for long term can be more profitable.

[CoinHoarder]

much fun
so timely
many doges
no premine... wow

[ngerok]

For the time being, I am also confused, why there are still many people who invest with Dogecoin.

[Spoetnik]

Why do people invest into dogecoin?

I bought Doge for 100$ in late 2013. Now it worth about 10 times more. So I rephrase your question - why people don't invest more in Doge?

You all keep posting pure lies.

For one thing you are a noob.. you weren't here in 2013.
And another is the price was higher than than it is now.

And in between the dump in early 2014 when it DIED...
the price tanked for about 3 years.
And is only now regaining a bit of value because idiots are buying it.

You are all lying and bullshitting and posting super stupid excuses for this horrendously stupid coin.

..fer yer ROI'z

@CoinHoarder
None of these mush mouth broken English tardlets have any clue what that means.
And you are the first one i seen say anything in Doge speak in years.
Proving the large crowd that show up here in the last while are THAT stupid.
They don't know what Doge speak is.. they all talk like that normally.

[BitcoinzB]

Many others are dead doge still alive

Yes exactly .i can clearly say that doge coin follows bitcoin the name only suggest dog always follows owner so if people really have a patience to wait bitcoin growth upto 10000$ then that will be really worth because doge will also reach about cent value.

You might aswell just invest in bitcoin then, since you seem so sure about what will happen in the future. I have to admit your dog-owner reasoning is pretty weak and funny though

[wdnj]

Why do people invest into dogecoin?

I bought Doge for 100$ in late 2013. Now it worth about 10 times more. So I rephrase your question - why people don't invest more in Doge?

One of the main reason is this ^. Why not investing in a coin that is being used by lots of people, is mostly in every exchange.
Dogecoin has a very low transaction fee (worth in fiat) and it is pretty fast like ethereum but not like bitcoin which is expensive.

[100%succes]

For the time being, I am also confused, why there are still many people who invest with Dogecoin.

Perhaps, they think that Dogecoin will be better in the future and Dogecoin will have a much greater price than now.

[Prodigan786]

My question would be why it's not even worth $0.01 in the first place…

It's because of huge supply of coins it's couple of billion of coins so it won't making that growth there is lots of sites giving dogecoin as a tips just visiting their sites

[johnwest]

My question would be why it's not even worth $0.01 in the first place…

It's because of huge supply of coins it's couple of billion of coins so it won't making that growth there is lots of sites giving dogecoin as a tips just visiting their sites

That is the main reason why Dogecoin is not having any growth, people are adopting and buying it because of its price but the circulation of coins is too high to grow. If someone buys more than 20% of Dogecoin and hold them for long then we may see a little difference in the market.

[Prodigan786]

People invest on doge because it's really cheap and transaction charge is very less like one doge for any transaction . And also it takes changes based on bitcoin price