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anasso
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November 04, 2017, 04:34:28 PM |
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dogecoin was created initially for fun but despite his huge supply, the main advantages are fast and low fees transaction!
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xianbits
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November 04, 2017, 04:43:18 PM |
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1. Limit its Supply:
More than 100 billion doge coins are in circulation with market cap of approx. USD 13.5 MIL . 100 billion is a big number and it's always increasing so unless community decide to limit it , i donot think it can attain any significant value in longterm.
2. Ok if we limit it - what will we do with existing coins?:
Solution to above problem is quite simple. We just need to publish a new Crypto-token or currency which will derive it's value from previous currency in circulation. For Ex: Let the new currency be called Super Dogecoin denoted by S-DOGE. As per our convenience we can set it's base value like 1 S-DOGE could be equal to 1000 or 10K or say even 100k DOGEs . So not just it will decrease the numbers of coin but will also hold significant value. And this new currency could also be listed to the exchange if needed.
Thank you.
Somehow it could help. Limitting the supply by swapping it to a lesser supplied nre coin. But it will still depend on the community if they want to see a new coin from the old dogecoin. Too sad, doge is somewhat being left by some people. With its vale, this coin offers a very cheap transaction fee. |
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gallery2000
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November 04, 2017, 04:58:02 PM |
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I think he has a great future. From a joke turned out to be a good project. The developer is a very active person. Takes part in various investment projects.  |
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maianh09
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November 04, 2017, 05:04:01 PM |
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Previously doge coin is also a potential coin, but since the appearance of gambling sites, a person can earn a million coin every day to lead the dogecoin market more and more led to its price drops significantly. Its highest peak appears to be 108 sts but currently it costs 18 sts. Now no one is investing in the coin anymore and it is going to disappear
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Pab
Legendary
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Activity: 1862
Merit: 1012
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November 04, 2017, 05:19:11 PM |
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The doge coin price is now low level,with time it can increase in future.
Low doge was at 18 sat whan btc price was around 1000$ and there is around 18 sat now whan btc prce is at 7000$,doge is stable and is gaining to dollar ,if btc correct there is always chance for doge pump |
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ankit05
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November 04, 2017, 06:36:14 PM |
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The marketing value of Dogecoin is very low. the price may increase in their marketing value in these futures price.
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SainagBurra
Jr. Member
Offline
Activity: 55
Merit: 10
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November 04, 2017, 06:42:34 PM |
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Dogecoin is a joke.It almost died. Thank god I have not invested in it.
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Electroneum
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redhondaxrm125
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November 04, 2017, 09:32:50 PM |
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To be honest, i really agree with op.
This coin really has a lot of great things in it. And if were to be remade would clearly be an amzing coin.
But the thing is, (truth hurts) it really doesn't have anything left going on with it anymore. It is now just a coin tha is having too little to no value at all that you can play with. It had it's own share of great days in the past but just like other toys, got left out and replaced by better ones. That's just how it is. But who know? Nothing's sure in life. So...
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cyntmms1
Member
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Activity: 140
Merit: 10
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November 05, 2017, 01:32:14 AM |
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Dogecoin is a coin used for tipping. Widely used in reddit. It doesn't get any further than that. It was a meme coin, had its peak, it's the first tipping coin infact. Don't expect it to grow huge, because it won't. All I do with dogecoin is have fun with it, because it has no real purpose after all.
I agree ,,, do not expect to grow to be big ,,, I think the price ny from time to time will remain the current price range, will not be more pump and dump |
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The Cryptologist
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November 05, 2017, 02:08:32 AM |
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It came from a meme. And the meme is a joke just like the coin. Like op said, supply is too much. The only use I can see for dogecoin is for tipping.
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coin163
Sr. Member
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Activity: 462
Merit: 281
dApps Development Automation Platform
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November 05, 2017, 02:13:22 AM |
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Future of dogecoin will become a pet for each people so that's will be huge demand  Right? And certainly I had some in my bag |
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alyssa85
Legendary
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Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
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November 05, 2017, 02:32:51 AM |
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The doge coin price is now low level,with time it can increase in future.
Low doge was at 18 sat whan btc price was around 1000$ and there is around 18 sat now whan btc prce is at 7000$,doge is stable and is gaining to dollar ,if btc correct there is always chance for doge pump The price in dollars has certainly increased. Looking at the doge/bitcoin chart, it looks like Doge is in the accumulation stage that precedes a pump. |
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HongKong
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November 05, 2017, 02:33:47 AM |
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The doge coin price is now low level,with time it can increase in future.
Dogecoin could get to lower than 1 satoshi while people will still talk about Doge being the next Bitcoin in the reddit website lol. |
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Hakkerman101
Newbie
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Activity: 27
Merit: 0
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November 05, 2017, 03:08:08 AM |
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LOL The crazy crypto world is becoming even crazier.
Yeah, it’s quite wired, at least it was to me when I first got to know about Dogecoin. It’s also quite funny... Dogecoin is usually considered to be a "joke currency" . Well some people still use them. It got a reputation as a “tipping” currency meaning you can tip someone instantly using Dogecoins. What is more, Dogecoin has a pretty well-developed community. If you know how everything works, you can earn good money.
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silhsoul
Newbie
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Activity: 12
Merit: 0
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November 05, 2017, 03:30:25 AM |
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DogeCoin is definitely well known by the community and earned the reputation of one of the iconic figures of the industry. Legends live forever if you know what I mean  |
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Acguy
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November 05, 2017, 03:58:22 AM |
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Even though this is a joke coin it will always be here to stay!
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Oppang Inamo
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November 05, 2017, 06:41:55 AM |
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I dont see any good future of the dogecoin, becuase it is not very popular and i think many people depends only in bitcoin thats why they dont know any coins they only knew bitcoin, and dogecoin even me i have limited ideas on dogecoin.
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Lewoll
Member
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Activity: 196
Merit: 14
I don't think sMerit harvesting is a serious crime
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November 05, 2017, 07:43:23 AM |
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Dogecoin is a coin used for tipping. Widely used in reddit. It doesn't get any further than that. It was a meme coin, had its peak, it's the first tipping coin infact. Don't expect it to grow huge, because it won't. All I do with dogecoin is have fun with it, because it has no real purpose after all.
doing something in order to get token tips is a good idea but how about the value of Dogecoin? Bitcoin wasn't expected to grow huge so we can't surely conclude a statement that underestimate an underdog. Dogecoin has the future as developers say so, and in fact, they're not staying as a reddit tipping and every investors are also excited to get more out of reddit tipping. |
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i_iz_vins
Newbie
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Activity: 107
Merit: 0
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November 05, 2017, 12:54:13 PM |
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Yesterday one of my friend sent me some dogecoins, so out of curiosity i started digging information about how this coin work and how it is different from others as it is my first interaction with this Crypto-asset.
I found some interesting information regarding how it's origin is based on a popular internet meme and it's community active participation in various charity works and even in helping their fellow mates who lost their dogecoins in a cyberattack through various crowdfunding efforts, which is indeed appreciable.
If we specifically talk about speed of transactions - i have to say dogecoin is indeed fast. But the thing which caught my attention is there is no limit to its suppy, which means it is present in infinite amount.
Till today more than 100 billion dogecoins are in circulation. With as of today Oct-23-2017 , 1 DOGE = $0.00101075 .
We have been taught about price-supply-demand things in school , in simple terms a price of an asset will depend on demand in market and its suppy - if supply of an asset is more than demand price falls and if supply is less and demand in market is more then price of an asset increases. So we can relate this to the continous BTC price increase as demand for bitcoin is more and supply is limited which increases it's value.
Comming to the fact that dogecoins have no limit of supply i hardly think it can ever become an investment asset or a stable currency ever. I see some people on twitter who are investing in alt coins see it as an long investment on which i completely disagree.
If we want to see doge coin really succeed , here are my views what the developers should seriously take note of:
1. Limit its Supply:
More than 100 billion doge coins are in circulation with market cap of approx. USD 13.5 MIL . 100 billion is a big number and it's always increasing so unless community decide to limit it , i donot think it can attain any significant value in longterm.
2. Ok if we limit it - what will we do with existing coins?:
Solution to above problem is quite simple. We just need to publish a new Crypto-token or currency which will derive it's value from previous currency in circulation. For Ex: Let the new currency be called Super Dogecoin denoted by S-DOGE. As per our convenience we can set it's base value like 1 S-DOGE could be equal to 1000 or 10K or say even 100k DOGEs . So not just it will decrease the numbers of coin but will also hold significant value. And this new currency could also be listed to the exchange if needed.
Thank you.
is dogecoin actually legit? i dont think it's made seriously to have a purpose. It's like litecoin with some minor changes. I know it's a "real" cryptocurrency but I think it's supposed to be just for fun like Jesuscoin. |
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Akash1243
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November 05, 2017, 01:28:55 PM |
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I don't think so that Dogecoin has a future and i think that it was created as a joke but got very much famous and has got quite a lot cap value.It is just used to tip in reddit and nothing else and due to its large supply of dogecoin increase in price is not possible i think.And it will be always there in crypto market just as a joke and it won't increase or decrease and will be pretty much the same as the current price.
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