Is Dogecoin legit?

[truimpheriues]

dogecoin is good community and good volume transaction
but total coin is very high, so dogecoin very dificult can incraese very high
dogecoin price this now is high, if you want investment is good wait until dogecoin price down to under 30 satoshi

[Entei]

In my opinion do not consider Dogecoin false, if it really was false would not be definitely on the market, at the present time Dogecoin is an abandoned project, pushed  by the community and the big holders of that coin. We should consider it as a fancy coin that only serves as a transaction.

[nakamote]

I think dogecoin is legit but for long-term investments it's not, as some people say no progress from the project development. But lately, the price of dogecoin increases and of course be an alternative when sending from other exchange to exchange the other because doge have a low fee. So its legit for now from my opinion

Sorry for my bad English and thanks!

How this coin would e a good long term investment? you must be dreamin my friend?it is dead for a long time.No development team means it wont have any developments.If you based a legitimacy of a coin based on its price you are indeed not doing research,price increase of doge is only because it is the year of the dog which chinese believe that it will give a lot of fortune to them and nothing more special about this coin.

[jossiel]

All I want to know is if Dogecoin is a legitimate investment into altcoins?

It is much even better than those pump and dump coins. Dogecoin has unlimited supply and it has a very cheap transaction fees.

When bitcoin is on the part of having expensive fees, many of us here used Doge coin as a substitute for transferring funds so that we can save fees.

Yes, doge coin is a legit coin and investment and I have it holding on my portfolio.  

[jhonjhon]

I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?

Doge coin is already inactive/dead coin for about 2.5years which means there is not development going on,It was created just for fun a meme coin which doesnt have any use in the market,its morelikely a copy of bitcoin which has faster transaction confirmation and lower fees.Now tell me is that a good investment? no active developers and had been dead for years?if you will find more if you did your research.

Actually, developers participation and full support with their coins helps to cultivate of what they created. It looks like Doge is just ignored by devs that bring this coin into dead. Investing this dead coins it simply gives you nothing in return and is just a waste of time for you, maybe you should take o look for other coins rather than of having this sleeping coin.

[Ni-in]

You can still use Dogecoinfaucets, they have been around for years, like the Moondoge faucet, you can get 100 Doge easy and see what it is all about.
Nothing wrong with the coin, not much happening though.
Dogecoin basicly has a fast wallet and low transactioncosts, so it's also used to change other currencies into and send them around as Doge.

[setifien19]

Yes dogecoin is a legit coin ( which has been online for years ) but the inconvenience with it is its exaggerated stability ( comparing to other coins ) so it's purely for long term investment & you have to have  full patience & longanimity

[gurunanakji777]

Yes its a legit coin. Normally it has been used to avoid high transaction fees of bitcoin people use it as an alternative to transfer their coins in the form of Doge for faster transaction with lower fee as well. Doge is not a high volatile coin that's why many people use it for faster transaction but for a long term investment it can be a good coin you never know.

[paramex]

Yes, of course especially if you want to use to invest in the long term then the result will be more legit and promising. Hopefully in future developments for the doge is getting a good deal.

[Chanock]

Yes dogecoin is legit. Dogecoin is one of the first coin ever created in crypto world although the value of doge is not progressive but it's still valuable in the market cap. Also the supply og dogecoin in the market cap is sufficient and as of to day doge is one of the promising coin this year 2018.

[Prodigan786]

Dogecoin is legit but it consider to be deadcoin because there is no further development on this coin. But it is genuine and you can buy this coin and keep it may touch the eye of pumpers one day for sure.

[fishfishfish313]

DOGE Coin does have a solid community behind it.  It is on high volume exchanges.

Is it groundbreaking tech or anything like that?  Not in my opinion.

It is legit. Not a scam or anything like that.

The subreddit is super active with well over 100k subscribers:  https://www.reddit.com/r/dogecoin/

From the sidebar:

Superfast transactions, no network congestion & transaction fees of 1 dogecoin (about $0.01 USD!)

Designed to be actually used day to day. You could buy a cup of coffee without waiting till the shop closes for a confirmation, and also without paying anything close to the cost of the coffee in fees.

Widely accepted on exchanges; a great tool to move between other crypto-currencies and fiat FAST while keeping fees almost non-existent. (Try doing that with ANY other coin, they either don’t have the stability, reputation, volume or their fees are CONSIDERABLY higher)

One of the oldest, well established, tried and true crypto-currencies, There have been considerable ups and downs in the value of the coin in comparison to fiat and other coins however it has stood the test of time and is still widely accepted and has remained a useful tool regardless of its exchange rate. (Which is why you will see 1 Doge = 1 Doge used frequently)

Strong positive community. Projects that show humanity, kindness, generosity. Among an ocean of get rich quick schemes, scams, pumps and dumps, this is the only coin which has a community centered on the positive things that crypto-currency can do

Hope that helps!

In case you are looking for some extensive history of the DOGE meme:  http://knowyourmeme.com/memes/doge   the DOGE coin connection is pretty neat, albeit small, but not so much to those of us that follow crypto closely.

 “much wow”, “very crypto”, and “such moon”
DOGE  

[Mahanton]

I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?

Only people who do lose up huge sums of money do called it as a fake coin which isnt true. If you do try out to trace up the history of this dogecoin then you might be shocked since this coins is almost nearly aged with bitcoin which means its been here for how many years already but still do have the value even though it is low which is considerable seeing only into its total supply then its normal to think off.

[skylar]

despite it is legit or not this coin has very large market, huge dailly trading volume and on top 50 CMC list make this coin are stable at the price, for me I love this coin because it is fast and cheap transaction fee, I use it for transfer my "money" between exchanger ( because BTC fee are very High ATM I trade my btc to doge and then transfer to my local exchanger ).

[Selborjeremie]

Yes Dogecoin is a legit .many investor already use this kind of coin and it can invest to the dogecoin

[nicolas1979]

I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?

I left dogecoin a year ago because after hold almost 6 month I got nothing. Even today there's a lot of information, articles or positive news about dogecoin I'll ignore it. I only use dogecoin to support my transaction if bitcoin network has delay and wasting time collect from doge faucet. About invest/ trade in doge the answer is still the same, " No ".

[rikybrosh]

Any crypto coin has very big risk. Since it is only digital asset investment. But it is very good for trader since the fluctuation price is significant and its price is very cheap, the day trader can get huge income from this coin. If you want lomg term investment then I will suggest you to buy XCPO, it is masternode coin, you also can stake it. One of good coin which also provide pasive income. Its developer will launch ecommerce marketplace in march then we can use our coin to buy goods in that platform because they not only accept XCPO or btc but many more coin are accepted in the platform.

[jkw224]

At first I was iffy about Dogecoin, but it has value in transfering between exchanges.

[seek4dream]

I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?

Doge coin is already inactive/dead coin for about 2.5years which means there is not development going on,It was created just for fun a meme coin which doesnt have any use in the market,its morelikely a copy of bitcoin which has faster transaction confirmation and lower fees.Now tell me is that a good investment? no active developers and had been dead for years?if you will find more if you did your research.

You are telling the truth.
The uniqueness of Dogecoin is that it has a long history and big community.
It is still possible to be pumped again.

[cryptobengal]

yeah i think doge is going to be around for a long time
and its value will go up in time like all other legit coins
its not a erc20 out of thin air coin aka(SCAM) coin