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Author Topic: Is DogeCoin even worth buying?  (Read 885 times)
vkitaebiz
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October 30, 2017, 02:07:26 PM
 #1

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?
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October 30, 2017, 02:15:31 PM
 #2

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?

Yes, apparently there is no future of dogecoin. The developer himself left this so there is no hope for this coin.  Better not to invest. if you really wish you can invest just $10 and buy few thousands of dogecoin and just forget about them.  $10  might be $100 in 10 years of time etc.
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October 30, 2017, 02:34:45 PM
 #3

I think DogeCoin is a very stable coin. The value of this coin don't change a lot when Bitcoin rise or fall. It may sometimes rise when Bitcoin rise.

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October 30, 2017, 02:38:03 PM
 #4

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?

Maybe. But this only good for short trade. For long term? That's questionable. It's circulating supply is too huge. They are adding more supplies every year. That's crazy. Devs don't really care about it's future. Anyway, it's a joke coin. So don't take this altcoin seriously. But i see that there's still supports this altcoin. Just invest your money to other potential altcoins out there. There's a lot of altcoins which are way more better than this. One thing i don't like about this altcoin aside from It's supply. The developers. Their are not so active. I think they dumped this project as i don't even see any news about this altcoin. Be careful though. This is a pump and dump coin. So if you see it pumping. Make sure there's a reason for that pump.

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jimbo2000
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October 30, 2017, 02:58:36 PM
 #5

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?

To my mind dogecoin is actually one of the least likely coins to die, it is one of the oldest coins around and still has a lot of support. On the other hand I would also put it close to the top of my list of the least likely coins to go up in value.

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October 30, 2017, 03:42:39 PM
 #6

No matter how dying dogecoin is, it stands to benefit from a wide spread crypto bull run.
See historical chart last few months https://www.coingecko.com/en/price_charts/dogecoin/btc, it went from 20 sats to 155 sats. Thats quite a nice gain too
In the long term, it is struggling to find a place among the giants
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October 30, 2017, 04:37:22 PM
 #7

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?

Dogecoin has always had huge sell orders on any orderbook of any exchange I have experienced. This does not to me look like bear moves, even when the price was well over 100 satoshis several months back. Earlier in the year, developers claimed to try and work on Dogecoin a bit more, with hopes of reviving it. There has been no update as of yet, that I know of, so to me that means the real news will be coming round the corner.

Maybe you will call me an idiot, but Doge is a great value buy now below 20 sats. I still believe it can reach 100 again. Fiat wise, it has only gotten very stable at $1 per 1,000 after pumping. This will still grow and is a great part of my portfolio.

Their community is nothing but diehards too!

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October 30, 2017, 05:44:54 PM
 #8

In my opinion not, and everyone who has even little of doge in his pocket should sell it to someone or he can exchange for other coins till he can.

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October 30, 2017, 06:07:12 PM
 #9

From an investment standpoint I really don’t think DOGE is a good buy – while it’s been pretty stable it doesn’t really have any potential (although it does have a decent community, I’ll give it that).

   
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October 30, 2017, 06:44:26 PM
 #10

I think Doge coin has no future if some devs will not take over and provide some serious development. For now it's a very risky investment, it will only go down if nobody's taking over the development, which is not very likely.

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October 30, 2017, 06:59:36 PM
 #11

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?

Dogecoin has always had huge sell orders on any orderbook of any exchange I have experienced. This does not to me look like bear moves, even when the price was well over 100 satoshis several months back. Earlier in the year, developers claimed to try and work on Dogecoin a bit more, with hopes of reviving it. There has been no update as of yet, that I know of, so to me that means the real news will be coming round the corner.

Maybe you will call me an idiot, but Doge is a great value buy now below 20 sats. I still believe it can reach 100 again. Fiat wise, it has only gotten very stable at $1 per 1,000 after pumping. This will still grow and is a great part of my portfolio.

Their community is nothing but diehards too!


DOGE will pump again I think. There are the fractal patterns and it can easily go up to 190 satoshis again. Classic 10x

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October 30, 2017, 08:07:31 PM
 #12

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?
Dogecoin is named as dying coin since its creation, but you will see, some day its on 1$. Smiley Ok, I would not put my whole savings to doge, but they are in my portfolio on longterm.
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October 30, 2017, 10:37:40 PM
 #13

now it wouldn't be risky buying some doges, prices are very low and expected to grow in the next weeks in the next pump it can be an easy 2x

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October 30, 2017, 11:00:30 PM
 #14

It can move up a few times on a big pump easily but other than that there is nothing special
to hold this coin long-term.

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October 30, 2017, 11:07:13 PM
 #15

I have said this before in another thread, but i am sure that dogecoin can recover in some time, they made more than ten percent today if i am not wrong, maybe it will take some months, but it is going to recover soon, i still have some faith over doge and i like them.  I have a few thousands of them on my wallet, i know that they are useless, but i will keep them, who knows if doge decides to go bullish again in some time?
I still believe on this coin.

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October 30, 2017, 11:07:58 PM
 #16

Jackson Palmer changed the code in 2014 . There is no end to it. therefore, the course will never rise properly
I still have some of Christmas 2013

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October 30, 2017, 11:53:15 PM
 #17

I think Bitcoin is poised to make another jump. Maybe to 7k or 8k. If this happens doge will drop to all time lows. It's best to stay in Bitcoin for now. Plus the 2x fork free coins.
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October 31, 2017, 12:30:46 AM
 #18

Doge is like memorabilia for lots because of all the emotions it has had throughout the years. I hold them as a souvenir Smiley

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October 31, 2017, 12:40:46 AM
 #19

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?
Dogecoin is named as dying coin since its creation, but you will see, some day its on 1$. Smiley Ok, I would not put my whole savings to doge, but they are in my portfolio on longterm.

i think dogecoin is not dying though we never heard any good news from this coin on  the past days but it is still it is one of the best pioneer coins out there in the market and i think doge coin is much more usefull because it has a low transaction fees compared to other coins like bitcoins which fees are so expensive but lets face it most people today are just brainwashed by new coins/tokens due to thier easy pump and dump structure  as a result, good old coins are more likely to be forgotten.

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October 31, 2017, 12:53:45 AM
 #20

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...?  Huh

Interested to hear the community's thoughts on this?

doge is a great way to move value between exchanges that charge fees not needed for the miners.  No exchange needs to charge 0.0015 like say yobit to w/d BTC, so if i need to move money out of there , screw yobit im buying doge and w/d doge for a few coins Cheesy
Doge is merge mined so it will go down sometimes naturally, but it always has a nice pump once or twice a year if you check the historical charts


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