ScubaFuz
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Activity: 70
Merit: 10
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October 08, 2017, 07:47:47 AM |
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I was recently reminded of possessing Dogecoins. My wallet is now almost up to date after having been inactive for over 3 years. Currently have 46400 DOGE. What do you guys think, keep, sell, buy more? Bought some LTC today as well.
isn't there billions of doge coin?.. 46k doesn't seem much for a long hold. Buy some more on the dips or sell. 111,392,579,976 as of today.FFFF dude, this is too much. The price won't move anywhere with this big of supply. The price didint move not because of supply but lack of innovation lately Since people expect more use of DOGE to drive the demand that finally drive the price Side note, doge price in USD already up since few years ago and at least its cover usd inflation. Dont hope so much in term against btc, DOGE wills tay below 50 satoshi for very long time if dev not come with something interesting Didn't the price drop because the chinese started dumping their Doge? If that's the case the price will go up again when they re-enter the market. Doge is becoming a mainstream coin to be used everywhere, so there is a good use case. Bitcoin is also just a coin with no other functionality but that doesn't seem to be a problem. The statement that all cryptocoins need to fullfill some other purpose as well may be true for new coins but not for the old ones that have existed since the beginning.
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Buy low, get high and seek the end of the rainbow
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starmman
Legendary
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Activity: 1484
Merit: 1029
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October 08, 2017, 08:53:37 AM |
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Didn't the price drop because the chinese started dumping their Doge? If that's the case the price will go up again when they re-enter the market. Doge is becoming a mainstream coin to be used everywhere, so there is a good use case. Bitcoin is also just a coin with no other functionality but that doesn't seem to be a problem. The statement that all cryptocoins need to fullfill some other purpose as well may be true for new coins but not for the old ones that have existed since the beginning.
IMO the bulk of the drop was mostly because of the Chinese exchange fiasco. Other than already being popular in East Asia, its the Chinese year of the Dog(e) in 2018 so a lot were holding anticipating a rise early next year, a lot of people dumped since the likelihood of a massive rise has been reduced - I still think there will be a rise at that time but the amount will likely be much less than if there was full Chinese confidence - I'm sure a lot will still be buying.
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rodyw
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October 08, 2017, 06:39:48 PM |
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I was recently reminded of possessing Dogecoins. My wallet is now almost up to date after having been inactive for over 3 years. Currently have 46400 DOGE. What do you guys think, keep, sell, buy more? Bought some LTC today as well.
isn't there billions of doge coin?.. 46k doesn't seem much for a long hold. Buy some more on the dips or sell. 111,392,579,976 as of today.FFFF dude, this is too much. The price won't move anywhere with this big of supply. The price didint move not because of supply but lack of innovation lately Since people expect more use of DOGE to drive the demand that finally drive the price Side note, doge price in USD already up since few years ago and at least its cover usd inflation. Dont hope so much in term against btc, DOGE wills tay below 50 satoshi for very long time if dev not come with something interesting I used to keep my Doge in my Exodus wallet. But because of a lack of innovation/development of Doge the Exodus team removed the support of Doge ( https://www.reddit.com/r/dogecoin/comments/6mrnkw/exodus_removing_dogecoin/). This is just another example of why people start losing faith in Doge. It's really necesarry for the future of Doge to get new updates and show the public that the coin is still alive.
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master2#
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October 08, 2017, 09:08:36 PM |
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My Multi Doge wallet is not oppening anymore , could someone help me please , I use mac
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no-ice-please
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October 08, 2017, 10:15:11 PM |
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Not for me - I think that limiting the total number may actually be worse, the no limit makes DOGE different to most other coins and is a USP, this will encourage growth even after all BTC are mined, currently the number of coins are limited to around 5% per year and rewards decreasing as difficulty increases. I dont think there will be a hyper inflation with DOGE - as more people adopt to using the coin >5% per year will be minimal and ensure the blockchain can always move.
Having no mechanism to control currency supply is really not ideal and 5% per year should not be underestimated. If there were services that could be used by burning DOGE, there is a higher chance of reaching a good balance.From an investor's point of view, DOGE would not be the ideal choice. But this is not to say that DOGE is only serving investors' interests. It rather aims at mass adoption and that goes hand in hand with investors' interests, but only to some degree should the supply never be limited. For me it doesn't matter - I invested into DOGE knowing it was inflationary, and that is factored into the market cap - I've worked pretty closely with the guys at IXC which was (I think) the first fully mined out coin - now its pretty difficult to keep interest in the coin and the block chain going. DOGE is one of the coins (come 2030+) which wont have the issue of supply running out, who will want to mine for 0 reward. I think the diminishing reward over time makes good sense, inflation will be around 3% by this time. The only way forward would be to increase the transfer fees to keep the chain moving - one of DOGE's best points is the low fee. Looking at the long game - I personally think it will be more of a help than a hindrance, the diminishing returns will have a major advantage over a lot of the fixed PoS coins. You know, it is not that I would really disagree with you. I like the points you make, but I was just suggesting that services which provide some sort of currency issuance control would be really helpful. Services that use DOGE and burn the currency or something. Having a constant increase of the supply with no limits seems not reasonable. As for the fact that everything is priced in, I think people are more cryptocurrency investors than economic model investors at this point in time. And I even count myself into that category. Who of us really knows how these things are going to play out? We all try to come up with smart thoughts, but it is still difficult to assess the situation overall. DOGE is cool and great, I won't argue about that, I am just not sure whether the economic model makes long-term sense (same counts for BTC).
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Lucky7btc
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October 08, 2017, 11:57:32 PM |
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I was recently reminded of possessing Dogecoins. My wallet is now almost up to date after having been inactive for over 3 years. Currently have 46400 DOGE. What do you guys think, keep, sell, buy more? Bought some LTC today as well.
isn't there billions of doge coin?.. 46k doesn't seem much for a long hold. Buy some more on the dips or sell. 111,392,579,976 as of today.FFFF dude, this is too much. The price won't move anywhere with this big of supply. Yes DOGE is sucking right now.
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psionin
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October 09, 2017, 05:49:49 AM |
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I was recently reminded of possessing Dogecoins. My wallet is now almost up to date after having been inactive for over 3 years. Currently have 46400 DOGE. What do you guys think, keep, sell, buy more? Bought some LTC today as well.
isn't there billions of doge coin?.. 46k doesn't seem much for a long hold. Buy some more on the dips or sell. 111,392,579,976 as of today.FFFF dude, this is too much. The price won't move anywhere with this big of supply. The price didint move not because of supply but lack of innovation lately Since people expect more use of DOGE to drive the demand that finally drive the price Side note, doge price in USD already up since few years ago and at least its cover usd inflation. Dont hope so much in term against btc, DOGE wills tay below 50 satoshi for very long time if dev not come with something interesting I used to keep my Doge in my Exodus wallet. But because of a lack of innovation/development of Doge the Exodus team removed the support of Doge ( https://www.reddit.com/r/dogecoin/comments/6mrnkw/exodus_removing_dogecoin/). This is just another example of why people start losing faith in Doge. It's really necesarry for the future of Doge to get new updates and show the public that the coin is still alive. Total bullshit, the removal has nothing to do with that. It looks like Exodus simply wants to go in the direction of supporting useless infinite supply premine tokens cucked to the Ethereum chain rather than the fairly mined and decentralized Dogecoin.
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CoinEmperor
Newbie
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Activity: 28
Merit: 0
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October 09, 2017, 06:01:11 AM |
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I was recently reminded of possessing Dogecoins. My wallet is now almost up to date after having been inactive for over 3 years. Currently have 46400 DOGE. What do you guys think, keep, sell, buy more? Bought some LTC today as well.
isn't there billions of doge coin?.. 46k doesn't seem much for a long hold. Buy some more on the dips or sell. 111,392,579,976 as of today.FFFF dude, this is too much. The price won't move anywhere with this big of supply. The price didint move not because of supply but lack of innovation lately Since people expect more use of DOGE to drive the demand that finally drive the price Side note, doge price in USD already up since few years ago and at least its cover usd inflation. Dont hope so much in term against btc, DOGE wills tay below 50 satoshi for very long time if dev not come with something interesting I used to keep my Doge in my Exodus wallet. But because of a lack of innovation/development of Doge the Exodus team removed the support of Doge ( https://www.reddit.com/r/dogecoin/comments/6mrnkw/exodus_removing_dogecoin/). This is just another example of why people start losing faith in Doge. It's really necesarry for the future of Doge to get new updates and show the public that the coin is still alive. Total bullshit, the removal has nothing to do with that. It looks like Exodus simply wants to go in the direction of supporting useless infinite supply premine tokens cucked to the Ethereum chain rather than the fairly mined and decentralized Dogecoin. Whoa whoa whoa, dogecoin was not premined. People that got in first got the most reward, but it was not premined. I was here the day of the launch (not on this account obviously) and it kicked off quickly. It was the fastest growing coin of the time, and it quickly went up to the top 10 of coinmarketcap beating so many of the other coins at the time (there was around 100 of them). People were posting drawings of the doge, making website promotions of the doge, people were making YouTube videos like this one and it was going viral like crazy: https://www.youtube.com/watch?v=H3oiThw2RxEEarlier this year you could have traded 1 million doge for 1 BTC. I'm still kicking myself for not doing it. UGH. WHY?!? But yeah Dogecoin has been one of my favorites. It syncs up quickly, the transactions are fast, the supply is plentiful. It's an awesome coin. Not premined. Dogecoin forever. Edit: whoops misread your post thinking you were calling dogecoin an infinite supply premined useless coin
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vbn19
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October 09, 2017, 06:22:43 AM |
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this coin is dead
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starmman
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October 09, 2017, 08:30:30 AM |
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Total bullshit, the removal has nothing to do with that. It looks like Exodus simply wants to go in the direction of supporting useless infinite supply premine tokens cucked to the Ethereum chain rather than the fairly mined and decentralized Dogecoin.
Whoa whoa whoa, dogecoin was not premined. People that got in first got the most reward, but it was not premined. I was here the day of the launch (not on this account obviously) and it kicked off quickly. It was the fastest growing coin of the time, and it quickly went up to the top 10 of coinmarketcap beating so many of the other coins at the time (there was around 100 of them). People were posting drawings of the doge, making website promotions of the doge, people were making YouTube videos like this one and it was going viral like crazy: https://www.youtube.com/watch?v=H3oiThw2RxEEarlier this year you could have traded 1 million doge for 1 BTC. I'm still kicking myself for not doing it. UGH. WHY?!? But yeah Dogecoin has been one of my favorites. It syncs up quickly, the transactions are fast, the supply is plentiful. It's an awesome coin. Not premined. Dogecoin forever. Edit: whoops misread your post thinking you were calling dogecoin an infinite supply premined useless coin Think you are both singing from the same hymm sheet there Edit: didn't read your edit LOL
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Deshauna
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October 09, 2017, 01:08:56 PM |
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I really love this coin but it's already dead to me. Stagnant development.
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starmman
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Merit: 1029
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October 09, 2017, 02:04:07 PM |
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I really love this coin but it's already dead to me. Stagnant development. What do you think needs to be added? DOGE is pretty stable, has lightning transaction speed and wide adoption.
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easyrimka
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October 09, 2017, 02:19:49 PM |
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doge will 10$ in december, trust me , buy
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item-ax
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October 09, 2017, 02:28:22 PM |
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doge will 10$ in december, trust me , buy
are you sure ? i am investing 2 BTC onto doge, this my familly legacy , i hope im not doing mistake. Thankts my friend !
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cesmak
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October 09, 2017, 02:39:59 PM |
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doge will 10$ in december, trust me , buy
Some fundamental proof for this kind of assertion ? Say something like this without any kind of argument in support to the assertion is useless....
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easyrimka
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October 09, 2017, 02:47:52 PM |
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doge will 10$ in december, trust me , buy
Some fundamental proof for this kind of assertion ? Say something like this without any kind of argument in support to the assertion is useless.... dont worry, bill gates will make an anounce soon about dogecoin and tesla , so doge so coin
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Senja Kemuning
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October 09, 2017, 04:20:44 PM |
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What happened with DOGE, why the price dropped to the floor, I did not expect the price could reach only 24 satoshi, when I bought 30,000 doge last July with the price of about 112 satoshi so I lost a lot of money.
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item-ax
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October 09, 2017, 04:34:32 PM |
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What happened with DOGE, why the price dropped to the floor, I did not expect the price could reach only 24 satoshi, when I bought 30,000 doge last July with the price of about 112 satoshi so I lost a lot of money.
lol.. how can you loose money with such doge such dump such project
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starmman
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October 09, 2017, 05:19:14 PM |
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What happened with DOGE, why the price dropped to the floor, I did not expect the price could reach only 24 satoshi, when I bought 30,000 doge last July with the price of about 112 satoshi so I lost a lot of money.
I usually buy DOGE when price is 32sats or lower - if I were you I'd buy some whilst the price is low and hold out for another rise. Not sure how much further the price will drop (or if it will), but the price now is pretty good
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BTCMILLIONAIRE
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October 09, 2017, 05:43:51 PM |
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What happened with DOGE, why the price dropped to the floor, I did not expect the price could reach only 24 satoshi, when I bought 30,000 doge last July with the price of about 112 satoshi so I lost a lot of money.
Don't buy pumped coins, ever. Unless you seriously know what you're doing or don't care about losing money.
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