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Author Topic: Is Dogecoin real or a meme?  (Read 654 times)
Red-Apple
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November 04, 2019, 12:43:34 PM
 #21

The lack of development is actually a plus - it means exchanges (and users) don't have to constantly upgrade their wallets. It's a case of "install it once and you are good to go".

i haven't really been following Dogecoin but if this is true and it is no longer being developed then it means that the project is dead and abandoned by everyone.

otherwise when you see new versions of the wallet released and you have to upgrade it means the developers are still improving the project. in other words regular upgrades is a good sign.
for example think of any other project, windows, Ubuntu, browsers like Firefox,... they are all constantly releasing new updates because their projects are being actively developed.

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November 04, 2019, 12:57:43 PM
 #22

Dogecoin is a real coin and probably you had a doubt on this coin because I believe that the CEO left the coin. Doge is the meme and that's where the coin gets the idea of the whole dogecoin thing.

However, if you didn't know, doge is very popular to many traders as it only wants a little fee for transactions.




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Pearls Before Swine
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November 04, 2019, 01:11:22 PM
 #23

It has infinite supply, so imho it's not a great investment.
I don't know if that's the best way to describe its supply.  It isn't infinite, but it will *grow* infinitely.  You wouldn't be able to buy more doge than what the market cap at any given time allows, but I understand what you meant.

And yes, dogecoin is a real cryptocurrency even tho it isn't the best one to invest in.  I think (but don't know personally) that a lot of bitcoin ATM's also sell doge.  That ought to be a good indicator of how popular it is.  And op, having some doge isn't a bad thing.  It really is a pretty popular crypto and isn't a joke coin, and it has also held its value very well over the course of its lifetime.  If it were a typical shit coin that nobody used, its value would be closer to 1 satoshi.
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November 04, 2019, 01:53:49 PM
 #24

I still do not understand how meme coin become one of the most popular and the most used coin in the crypto history, maybe it is because of its true decentralization. By the way who is the real "CEO"? Elon Musk?  Cheesy
Dogecoin is very popular among altcoin traders, they rather trade DOGE/ALT pairs than BTC/ALT pairs.


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November 04, 2019, 02:28:44 PM
 #25

I recently heard of Dogecoin from a couple of friends of mine. Is it a meme or an actual cryptocurrency, because so I would like to get some myself. Also, what trading platforms trade Dogecoin?
   
Also, if possible can you mention any useful information about Dogecoin that I can use when trading it or buy it. Thanks.

hundreds of faucet sites that pay with dogecoin, you can get it if you are diligent. Dogecoin is a coin as a joke, no wonder the total supply is crazy, but this coin is much in demand. Dogecoin mostly started as a collection of donations. you can read or learn on the official website [1] or on wikipedia it is very easy to understand [2].

if you want to trade Dogecoin, I suggest choosing the largest exchange volume and a fast market move. look for accurate information and do an analysis first before you dive. This coin is very different from the others, even in an exchange of millions of coins waiting to buy / sell.


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[1] https://dogecoin.com/
[2] https://en.wikipedia.org/wiki/Dogecoin

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November 04, 2019, 02:31:31 PM
 #26

I still do not understand how meme coin become one of the most popular and the most used coin in the crypto history, maybe it is because of its true decentralization. By the way who is the real "CEO"? Elon Musk?  Cheesy
Dogecoin is very popular among altcoin traders, they rather trade DOGE/ALT pairs than BTC/ALT pairs.

It's a very old coin (2013!). So the first altcoin exchanges had it. The later ones have it because it was (is) used by many for faster transactions or for exchanging coins with very low price.
Its development has ended long ago. It  doesn't have a "CEO"; one personality tied to Dogecoin was Jackson Palmer, but he may have also left the boat many years ago.
Dogecoin had a great community and still has a pretty good one. And it used to be a cheap and good training ground to understand Bitcoin, because they are pretty similar in behavior (at least until SegWit).

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November 04, 2019, 02:40:56 PM
 #27

I recently heard of Dogecoin from a couple of friends of mine. Is it a meme or an actual cryptocurrency, because so I would like to get some myself. Also, what trading platforms trade Dogecoin?
   
Also, if possible can you mention any useful information about Dogecoin that I can use when trading it or buy it. Thanks.


Search it at google before asking it from forum because you made some off topic post.  Although it is altcoin discussion but please do a quality post because there are some newbie like you want to read some good post and it is a forum for information about crypto and not for the meme.



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November 04, 2019, 02:46:59 PM
 #28

I recently heard of Dogecoin from a couple of friends of mine. Is it a meme or an actual cryptocurrency, because so I would like to get some myself. Also, what trading platforms trade Dogecoin?
   
Also, if possible can you mention any useful information about Dogecoin that I can use when trading it or buy it. Thanks.


It's a real meme coin. During the times of early coins, dogecoin was made to let people learn about mining and using cryptocurrency but the coin itself got a good value and fan following with the ease of use and it's low transaction fees and fast transactions. It was one of the most tipping coins and a good gambling coin.



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November 04, 2019, 03:29:42 PM
 #29

I still do not understand how meme coin become one of the most popular and the most used coin in the crypto history, maybe it is because of its true decentralization. By the way who is the real "CEO"? Elon Musk?  Cheesy
Dogecoin is very popular among altcoin traders, they rather trade DOGE/ALT pairs than BTC/ALT pairs.
Still unimaginable since it was just a real meme coin that's been created for this purpose. but like, who might taught that it will gained this kind of attention coming from more active traders, being use to transfer balance to another exchange as it has low fees and yet faster transactions. 

This coin still exist and whether it's a meme but more solid than those old coins who are completely  being forgotten by now.
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November 04, 2019, 03:46:08 PM
 #30

Dogecoin is one of the oldest assets in the space having out lived years, it generally has the highest marketcap liquidity in the space of all the existing assets. it's meme has already affected the coin in a good way. many blockchain projects try very hard to be taken seriously, to be perceived as a serious financial instrument. but to the rest of the world, every single crypto coin is either internet monopoly, or a get-rich-quick scheme. Doge is still very weird, and very detached from the normal world. Dogecoin community (that I'm a part of that too) is probably the only completely nontoxic crypto community. it is very important to me that Doge in the cryptocurrency space keep a sense of humor about what we are doing here.
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November 04, 2019, 03:52:09 PM
 #31

I recently heard of Dogecoin from a couple of friends of mine. Is it a meme or an actual cryptocurrency, because so I would like to get some myself. Also, what trading platforms trade Dogecoin?
   
Also, if possible can you mention any useful information about Dogecoin that I can use when trading it or buy it. Thanks.

Not a meme. The initial Doge Coin was launched in December 2013 and the history of the beginning or that made the doge coin popular in the past was The Dogecoin community has often raised funds for charity purposes. Based on the data I got in January 2014, he launched a fundraiser to raise $ 50,000 for the Jamaican Bobsled Team. Also often use Doge as a tip because the price is cheap and the transaction is quite fast. I myself use Doge as a preference for transactions with small nominal and low fees  Cheesy

https://finance.yahoo.com/news/dogecoin-090034143.html

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November 04, 2019, 04:03:27 PM
 #32

Dogecoin is a decentralized, peer-to-peer digital currency that allows you to send money online. Think of it as "internet currency." (here is a quote from the source: https://dogecoin.com/)

You can read it on the official dogecoin website, because the explanation there is very complete and easy for you to understand: https://dogecoin.com/
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November 04, 2019, 04:07:12 PM
 #33

I recently heard of Dogecoin from a couple of friends of mine. Is it a meme or an actual cryptocurrency, because so I would like to get some myself. Also, what trading platforms trade Dogecoin?
   
Also, if possible can you mention any useful information about Dogecoin that I can use when trading it or buy it. Thanks.

Dogecoin was originally created as a meme coin, but when they saw it was useful, they started taking it seriously. I do not understand why you can not get any results. At least look at the daily trade volume: https://coinmarketcap.com/currencies/dogecoin/ . $63 million (in CMC). Do you think meme coin can be such valuable? I think no.
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November 04, 2019, 04:10:47 PM
 #34

Dogecoin is a coin with an infinite supply, so people seem to dislike it. But I have been observing Doge for many years and can conclude that in one year Doge will have two big price increases, if everyone catches this surely they will make a decent profit from it.
Currently Doge is traded on many electronic platforms, you can check it here: https://coinmarketcap.com/currencies/dogecoin/#markets


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November 04, 2019, 04:11:48 PM
 #35

Dogecoin is a meme coin that many users use because it is widely used to make transactions because of the cheaper and faster costs, but nowadays dogecoin is still being questioned whether coin memes but very many are using so that other old coins seem to vanish.

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TastyChillySauce00
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November 04, 2019, 04:20:33 PM
 #36

I recently heard of Dogecoin from a couple of friends of mine. Is it a meme or an actual cryptocurrency, because so I would like to get some myself. Also, what trading platforms trade Dogecoin?
   
Also, if possible can you mention any useful information about Dogecoin that I can use when trading it or buy it. Thanks.


It's a real meme coin. During the times of early coins, dogecoin was made to let people learn about mining and using cryptocurrency but the coin itself got a good value and fan following with the ease of use and it's low transaction fees and fast transactions. It was one of the most tipping coins and a good gambling coin.
It's meme coin when it was started but the developer has made it become a real coin and then after the dev retire from doge's project to another project and then it has become another meme coin again but since there was a news about the crosschain platform between doge and another chain has made doge become alive again for the two times.
Mining just a part to secure the blockchain and it should not be included as the advantage that has already given by doge.

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November 04, 2019, 04:48:39 PM
 #37

Doge is one of the strangest and most interesting coins I've ever known, starting from a joke and now becoming a very famous cryptocurrency even billionaire Elon Musk loves it. Doge does not have groundbreaking blockchain technologies but its strong point is a very solid community.

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November 04, 2019, 04:59:07 PM
 #38

doge is real, but from the start nobody really took this coin seriously. they call it a joke coin, and on average they use doge for tips. however, almost all exchanges today support doge. and the DOGE trading volume is large enough for a meme coin. this can't even be compared to altcoin shit. and I like doge, because it's cheap and the price is quite stable.
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November 04, 2019, 06:24:29 PM
 #39

Doge is real and old coin in cryptocurrency
it has unique market behaviour, after you see this chart, you will understand how unique it is
so you know how to take good entry Wink


 
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November 04, 2019, 06:26:44 PM
 #40

Dogecoin is a real crypto currency, moreover, it is one of the oldest crypto that is live on the market. But to be honest, I do not believe that Dogecoin is perspective, because there is no value behind this coin at all.

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