why doge is not going up? it seems a good coin, but the price too low.
I found a post on reddit: " Maybe I'm totally out of line here, but the past couple of days have suggested a link which I think is adversely affecting our price.
When Facebook changed their API, BTC38 started throwing up 'Facebook errors'. Nobody could log in, and because the ticket system only works while logged in, couldn't complain about it.
Emails did nothing either, as they don't have any English-speakers on staff and rely on Google Translate, which is patchy at best.
Meanwhile, the Chinese customers, who don't log in with Facebook, kept on with business as usual.
And during this exact period, the price of pretty much everything surged.
And then we finally got through to them, and the problem was fixed.
And the prices crashed again.
This exact same thing happens every time one of their maintenance 'upgrades' takes out the English site.
So my theory is, us westerners are the ones dumping coins and pushing prices down! With non-chinese locked out, prices rise, because coins are in short supply. As soon as we can get back in, we cash out, and prices come tumbling down again.
And to back this theory up, look at the posts here in /r/dogecoin. Pretty much every poster who hasn't touched their coins since 2014 now wants to cash out and is looking for help in recovering wallets and/or finding places to sell.
We are our own worst enemies!
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