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Author Topic: Dogecoin worth investment?  (Read 1152 times)
Parzival (OP)
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February 23, 2014, 12:41:47 PM
 #1

Is dogecoin worth investment`?
T.Stuart
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February 23, 2014, 12:50:02 PM
 #2

For a meme-based coin I think http://www.reddit.com/r/nyancoins/ has more upside potential

                                                                               
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TrailingComet
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February 23, 2014, 12:51:14 PM
 #3

Think dogecoin's moment may have passed but that's a caveated personal view

TERA
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February 23, 2014, 12:53:19 PM
 #4

Dogecoin was great when it was doing 20,000btc of volume per day. You could have made thousands of btc just daytrading.
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February 23, 2014, 01:05:57 PM
 #5

Memes don't have very long life cycles. People get tired of the same joke after a while.


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magicmexican
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February 23, 2014, 01:12:34 PM
 #6

Investing in a dying memecoin with infinite amount of coins and without any real devs behind it? Go for it
BittBurger
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February 23, 2014, 04:13:02 PM
 #7

Its still the single most effective way to mine Bitcoin though.

As long as DOGE price is above 150 (currently 195) and difficulty is around 1,000 ... you can generate 3+ BTC per month with a simple at-home setup of three scrypt mining rigs  (8200 k/hs).

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February 23, 2014, 04:38:12 PM
 #8

doge, or any other altcoin depends of their community engage, marketing .. and the ecosystem as whole. 

http://www.introversion.co.uk/
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February 23, 2014, 04:38:54 PM
 #9

I don't think it's a good investment at the moment.
Dogecoin had its peak already, and I believe it will only drop.

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February 23, 2014, 05:07:09 PM
 #10

Doge will be a sensefull investment. When it goes below 30 satoshi. It will happen if at least one big bagholder dumps his holdings. Now its all about waiting who will leave the ship first. This one will save his value, other bagholders will get nothing.

In Pump and Dump we trust.
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February 23, 2014, 05:19:58 PM
 #11

If your goal is to make profit then probably no! If your goal is to support a altcoin then yes!  Cool
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