descaboy (OP)
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September 03, 2017, 04:10:26 PM |
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Hi guys, just want some opinions about this. I do like to collect dodge from faucet and mine Bytecoin with minergate. Is there a chance for these currencies to even hit the price of $1 in the near future? Or could they price even reach $50 like Monero was? Or is it just a waste of time storing those currencies? Thanks for your opinions.
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hosseinimr93
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September 03, 2017, 04:18:12 PM |
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It is difficult to speculate. But I don't think their price can reach 50 dollar. The number of Dogecoins and bytecoins in circulation is much more than number of Moneros. If the doge price reach even 1 dollar marketcap will be more than 100 billion dollar and I don't think it will happen.
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descaboy (OP)
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September 03, 2017, 04:29:27 PM |
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It is difficult to speculate. But I don't think their price can reach 50 dollar. The number of Dogecoins and bytecoins in circulation is much more than number of Moneros. If the doge price reach even 1 dollar marketcap will be more than 100 billion dollar and I don't think it will happen.
if they could even reach $0.1 that could be a good start
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sixexgames
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September 03, 2017, 06:19:57 PM |
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There's just a huge supply, so I don't think that $1 is reachable. It's Doge btw, not Dodge.
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GazorpPozorpec
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September 03, 2017, 07:23:35 PM |
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1 $? Are you kidding me ?! Doge generally volute invented as a joke. She lives only due to his age and good mining. Bytecoin is not a very good project.
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descaboy (OP)
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September 06, 2017, 03:59:51 AM |
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1 $? Are you kidding me ?! Doge generally volute invented as a joke. She lives only due to his age and good mining. Bytecoin is not a very good project. I was mining bytecoin hoping for the price to increase but maybe it will never happen.
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HashFace
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September 06, 2017, 04:35:53 AM |
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I thought I read that Doge was going release 5 billion new coins a year, forever. That's kind of a value killer, isn't it?
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w5pn73
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September 06, 2017, 04:39:20 AM |
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Hi guys, just want some opinions about this. I do like to collect dodge from faucet and mine Bytecoin with minergate. Is there a chance for these currencies to even hit the price of $1 in the near future? Or could they price even reach $50 like Monero was? Or is it just a waste of time storing those currencies? Thanks for your opinions. In order for doge to hit 1 USD it would have to surpass bitcoin in marketcap.. I think it's safe to say that this most likely will never happen.
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pynetx
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September 06, 2017, 04:54:04 AM |
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I have both in good quantities but I don't think they will ever reach near $1. My only hope is $0.1
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tsaroz
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September 06, 2017, 04:56:00 AM |
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Hi guys, just want some opinions about this. I do like to collect dodge from faucet and mine Bytecoin with minergate. Is there a chance for these currencies to even hit the price of $1 in the near future? Or could they price even reach $50 like Monero was? Or is it just a waste of time storing those currencies? Thanks for your opinions. In order for doge to hit 1 USD it would have to surpass bitcoin in marketcap.. I think it's safe to say that this most likely will never happen. Dogecoin has no limit of its supply and was actually made as a fun coin. Bytecoin is already in surplus with its value almost remaining the same while its forked sister monero is rising to Top 10 crypto. I don't think they'll increase in value.
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BTCLovingDude
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September 06, 2017, 05:00:00 AM |
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Hi guys, just want some opinions about this. I do like to collect dodge from faucet and mine Bytecoin with minergate. Is there a chance for these currencies to even hit the price of $1 in the near future? Or could they price even reach $50 like Monero was? Or is it just a waste of time storing those currencies? Thanks for your opinions. no to everything both Dogecoin and Bytecoin have huge supplies and neither of them offer anything good to become more adopted or show any incentive for anyone to want to invest in them. there is simply no point for them to even exist apart from being traded and that can only go so far. you ask for $1, i say it may be possible but the possibility is too low that it is not even worth wasting your time on. you ask for $50, i say it can only happen in your dream. if you want to invest in these coins, only do it short term and during their pumps, not any other time.
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--looking for signature--
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Piggy
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September 06, 2017, 05:48:27 AM |
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they have been around for a long time already, don't think will happen anything amazing with those
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olushakes
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September 06, 2017, 06:00:33 AM |
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It is difficult to speculate. But I don't think their price can reach 50 dollar. The number of Dogecoins and bytecoins in circulation is much more than number of Moneros. If the doge price reach even 1 dollar marketcap will be more than 100 billion dollar and I don't think it will happen.
This is one key thing you have mentioned that is even common to Doge and I don't see Doge increasing maximum in the future unless a further development is taking place on it like we have for ETH but aside that the volume of Doge will always be more than the demand and its usefulness is not being felt rather its being claimed as faucets even coins that came after it have all tuned out to be better.
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Herbert2020
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September 06, 2017, 06:05:12 AM |
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if you take a quick look at their charts to see how the price has been changing in the past you can clearly get the answers you are asking here. the charts tell you everything you need to know. you can clearly see each of these coins start at a very high price and then slowly but surely move their way to the grave. on the way down they sometimes have some short term pumps which helps recover a small part of the lost price. but that never lasts. this trend will not change. these coins are designed like this, flawed with huge supply, no cap, nothing to offer, 0 adoption, and a lot more. if you accept this fact then you can make profit. otherwise you are a fool with lots of wishes that most of them never come true. (no offense )
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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.
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descaboy (OP)
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September 10, 2017, 12:02:37 AM |
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I have both in good quantities but I don't think they will ever reach near $1. My only hope is $0.1
What do you do with all your doge supply if this coin's price never increase?
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tothetop
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September 10, 2017, 02:33:53 AM Last edit: September 10, 2017, 02:58:18 AM by tothetop |
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I think nobody here sees some advantages of the coins in question, making these coins` future more positive than you prefer to think..
First of all, concerning the DOGE`s unlimited issue..
As I know, initially they planned to issue a limited amount, but later they decided to remove the limit..
So, who knows, maybe they will limit the issue in future, and now, at this stage of coin development, we see just a promotional strategy It`s some kind of "bonded airdrop" to make even more people taste the DOGE`s advantages
I have something else to say, and I`ll do it later
Obligatory..
Btw, DOGE is falling down right now, while it was rising faster than BTC last week.. I`ve been really shocked when it reached 50 satoshi and even more..
So, I recommend to invest something in it right NOW, because today`s rate of 36-37 satoshi for 1 doge is extremely low and will not last long
So, let`s wait for a few days and see whether am I right right NOW talking this bullshit
or not)))
And the last thing I want to say now: the DOGE devs are very powerful team, and I see very huge potential in them..
Look at their oldschool style of programming.. They make expensive things in most cheapest and reliable way..
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Butchick
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September 10, 2017, 06:00:23 AM |
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I think it's hard to tell since these coins value are declining. Despite the fact that it experiences seldom pumps, but its value remains very low for quite a while now. Unless these coins will have more projects and attract more investors then i guess there will be a chance for these coins to gradually rise.
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macaron
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September 10, 2017, 07:06:24 AM |
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Well monero was forked from bytecoin right? Correct me if I'm wrong. I guess bytecoin has a certain future but definitely not $1 maybe $0.10? Cause like what others said the market cap. As for dogecoin, probably gonna stay this way cause it's meant to be taken as a joke
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tothetop
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September 10, 2017, 10:01:19 AM |
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Well monero was forked from bytecoin right? Correct me if I'm wrong. I guess bytecoin has a certain future but definitely not $1 maybe $0.10? Cause like what others said the market cap.
as I know, the main bytecoin`s advantage is anonimous transactions, and this is always in demand, so $0.10 is quite reasonable As for dogecoin, probably gonna stay this way cause it's meant to be taken as a joke
And what would you say about extreme low transaction fees and lightspeed of those transactions? Ok, maybe you can mention some another coins with such advantages, but I don`t know them.. I know DOGE. it`s brand, and here is the power.. If some joke enable me to make money, the joke is good for me..
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turbulence
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September 10, 2017, 12:50:57 PM |
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no these coins do not have a brilliant future
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