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Author Topic: Is DogeCoin even worth buying?  (Read 885 times)
Nerman
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October 31, 2017, 01:22:59 AM
 #21

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 honestly think that doge is here to stay people will buy this coin for short term trading or for scalping. As long as they think they will make some profit they will but it. No matter what coin it is.

For the price speculation I do not see doge reaching a dollar in the future, maybe in a really far future. I lost a lot of satoshi with this coin because i thought that the price will continue to rise up but unfortunately i was very wrong. Sold it on a loat but it's okay. We may never see this coin reaching $.10 as the supply just keeps on growing and the demand well i think there is no demand for doge.  Cheesy

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October 31, 2017, 01:24:00 AM
 #22

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.

Doge is never profitable if you hold it for long term with doge you can easily earn 10-30% of profit within a week for example if you buy eth at 0.05 btc to get 10% profit you will need it to reach 0.055 btc but in case of doge the price is currently 19 sats and when it reaches 21 sat that itself is 10% profit you can observe the chart this occurs once atleast a week.

Doge is like memorabilia for lots because of all the emotions it has had throughout the years. I hold them as a souvenir Smiley
How is holding even beneficial i remember in may or june the price was 110 sat and today it is 19 the more you hold it higher your loss will be.

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October 31, 2017, 02:34:26 AM
 #23

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?

I guess, it just isn't that exciting anymore, but the value has a fairly even history. There are some coins, older coins in the mix, that simply cannot support a long history of success and despite the fact that Doge is nothing great, it still has the longevity that cannot be said for other coins.

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October 31, 2017, 05:00:00 AM
 #24

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.

It has been on a steady decline since June. The coin will be out of the top 100 in four months.
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October 31, 2017, 05:26:10 AM
 #25

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.

It has been on a steady decline since June. The coin will be out of the top 100 in four months.
Because the more supply will come to the market and just dump it to run away with money from the market, Doge will turn into another zombie or even die token in the future.
As you can see the inflation doesn't get control by any party and the developers already gone.
There is no hope to the dogecoin to get the bright future.
There is a lot of better coin rather than doge.

maksimpro333
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October 31, 2017, 06:08:13 AM
 #26

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?
One of the most stable coins, as the price movement is virtually nonexistent. I think everyone has just forgotten about her and does not believe that she can rise again. For half a year, it practically fell to zero and there it sits, if the bitcoin rises to the previous level, there will already be a record.
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October 31, 2017, 06:13:47 AM
 #27

If you like volatility so that you can make some good profits in between then this coin is not recommended. It is very stable as such and does not move that much. If you are not ready to take risk and like a stability then you can buy it else you can ignore this coin if you looking to make money through the swings.

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October 31, 2017, 07:45:44 AM
 #28

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.

It has been on a steady decline since June. The coin will be out of the top 100 in four months.

Unlikely. Even though dogecoin has no active development major pools that mine bitcoin is still mining dogecoin and i've seen plenty of dogecoin holders out there still. Their community is pretty vibrant as well compared to others.

If you don't believe in Doge then don't invest in it.

There is no guarantees that it's going to go up, but it's not going to fall to 100th place or less anytime soon.


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HodlusMaximusInvestus
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October 31, 2017, 10:53:24 PM
 #29

Dogecoin is more of a fun coin so nobody knows it maybe it is maybe not
CryptoCutie
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October 31, 2017, 11:16:15 PM
 #30

when you have luck you will see 1 or 2 pumps a year thats all.

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October 31, 2017, 11:33:21 PM
 #31

when you have luck you will see 1 or 2 pumps a year thats all.

Doge Coin is controlled by the whales, just need to get it cheap enough and wait.

My opinion is that 15 sat is a good buy if you really want doge.
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October 31, 2017, 11:41:53 PM
 #32

If you have planning short term buying then the answer is yes, but if long term im not see doge will had great value in the future, just take profit from short term trading

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November 01, 2017, 12:57:42 AM
 #33

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?

you are right, i see the sell orders with big amount of orders too but i don't think that dogecoin looks like a dying currency. as you know, dogecoin is the most coins that is used for placing a bets in gambling site and there many people deposit in big amount so dogecoin will be stronger coins too. you can buy dogecoin and hold it for a long term because in my oppinion, dogecoin can increase only in a long term so you can start to buy too if you want. but yes you need to wait before its increase and its worth for me.

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November 01, 2017, 03:56:29 AM
 #34

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.

I think so, when i visit the exchange site and view the chart, i can see some future of this coin. I don't know if i am correct for that speculation, i will just wait the price of that in the future.

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November 01, 2017, 04:16:35 AM
 #35

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?
Not only a dying currency but that could be a dying currency, too many supplies and that already increase everytime give a lot of the possibility about the doge will meet its end in the future.,
Because a lot of people are still mining the doge, and there is no development to give a fixed supply or limited supply. Please avoid to bu such crap coin just like doge.

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November 01, 2017, 07:47:47 AM
 #36

When you look for speculation then you can go for shitcoin without any fundamentals as there is pump and dumps , but if you are making serious invesmtent and hope for long term profit then better invest in some cryptocurrency that has fundamental, good dev , good project idea and vision, dogecoin obviously has no fundamental and is just shit for the long term
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November 01, 2017, 07:51:25 AM
 #37

I've heard dogecoin is a good coin to transfer money between exchanges. Is it true?

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November 01, 2017, 08:17:51 AM
 #38

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 you should avoid it. I think it's dying for real now, the price has been declining since June and now it was only worth 17 satoshis each. Dogecoin has no real use case whatsoever. Since the day it was created, it was never meant to be a serious currency. It doesn't even has a developer right now.

There are way too many coins out there that is better than Dogecoin. I suggest you to look for another coin with real use and promising future.

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November 01, 2017, 08:33:13 AM
 #39

i do not think Dogecoin is a good choice,
it's more like a pump and dump coin but compare to other shit coin it's much more better,
because some people used this as their payment(for example one of my local exchanger in my country).
it's an abandoned project by the dev,
but it's well known project at the same time because of its popularity awhile ago until right now.
for a future i can not see anything,which mean i believe it should be slowly dying because of a new born project that will replace it

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November 01, 2017, 08:53:13 AM
 #40

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?
If you are going to use it for other purposes dogecoin is worth a buy but if you are thinking of buying it for investment I suggest that you avoid it. Developments for this particular coins has seized and it will be a very long time hold for one to profit in this coin. Still, doge is a nice currency to use for gambling so even if development is dead, there is a constant stream of demand for it that makes it different to other shitcoins that have seized their developments too.
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