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Author Topic: Is Dogecoin real or a meme?  (Read 654 times)
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November 04, 2019, 06:56:05 PM
 #41

DOGE isn't dead yet.  There was an update to the core wallet 4 months ago (Core 1.14) so it's still being developed. 
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November 04, 2019, 07:28:33 PM
 #42

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.

I think it's such a humorous question. And for a moment I thought he might be joking but alas he probably confused on the subject matter. Doge is a community project. Its a cryptocurrency which is developed as a Meme coin featuring the Shiba Inu dog which is an Internet Meme sensation 

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November 04, 2019, 07:51:01 PM
 #43


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.

Constantly tinkering with something that works can break it.

A currency is different to something like a web browser or an operating system. Those things are services. A currency is a means of exchange and a store of value.

If you constantly "improve" a coin - arbitarily changing say the amount in issue, the inflation rate and so on, you destroy trust in it because no-one knows what the rules are. Why would you invest in something where the rules governing it may change in the future?

Bitcoin doesn't change much either - and that's a good thing. Imagine if you had activist developers who changed the amount of coins issued per block constantly because they thought it was "development" or "improvement"!!!!!

Part of what destroyed the dollar is people arbitarily deciding to do QE and print loads of it. Thus devaluing the dollars of people who already held them.

 
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November 04, 2019, 08:12:42 PM
 #44

It's an actual cryptocurrency and there's too many people that are using it as a payment so that can be easily said that dogecoin isn't just a memecoin but it's also an effective and useful alternative coin. These are the exchanges[1] where you can trade dogecoin.
[1] https://coinmarketcap.com/currencies/dogecoin/#markets

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November 04, 2019, 09:56:12 PM
 #45

Well, Dogecoin actually originated as a meme based on the Shiba Inu meme. However, since its launch a few years ago it has become increasingly serious and less of a joke.

Dozens of websites now accept this so-called meme coin as payment, so it's definitely no joke anymore.
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November 04, 2019, 10:04:24 PM
 #46

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 is a real cryptocurrency derived the name from a meme doge. It is already a stablished coin and standing as a top coin in the coinmarketcap. This coin was known for its cheap price and withdrawal fees. It also became popular when the price pumps and used it as one of the coin to be traded in the market with a high volume. This turns dogecoin a currency from a simple meme

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November 04, 2019, 10:16:37 PM
 #47

Even though it came from a meme, it is a real cryptocurrency that you can buy and hold from different exchanges. It is also a good cryptocurrency to use as a payment since its value don't fluctuates that much unlike bitcoin and other big cryptocurrencies. Dogecoin is such an OG coin and I am a fan of it and I am still holding some Dogecoin just because I was mesmerized by the old days.

 
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November 04, 2019, 10:17:11 PM
 #48

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?

Lol, it was not a meme coin, it was one of the earliest crypto as far as a know.

   
Also, if possible can you mention any useful information about Dogecoin that I can use when trading it or buy it. Thanks.


Since everyone already tell you useful information about Doge, I will just give you the link below to show what this supposedly meme coin is:

https://beincrypto.com/dogecoin-is-the-third-most-resistant-to-51-attacks-after-bitcoin-and-ethereum/

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November 05, 2019, 01:27:14 AM
 #49

Even if it started with a meme, there are still investors who are trading dogecoin. It's part of cryptocurrency so it is not far to the other altcoins out there. It was first created as a fun but even though names or the origin wasn't that serious, this coin is still giving me profits. Yes, I do have some in my wallets and I trade them.  Others are laughing at this coin but this is still surviving in the market until now.
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November 05, 2019, 01:38:07 AM
 #50

Actually Dogecoin started like a joke currency but as years pass by it gains some community supports and they continue to develop it. It is useful on arbitration transferring funds accross different exchanges, it is fast and have very low fees on transactions. Recently it is listed on the most trusted exchange binance you trade it there now.
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November 05, 2019, 01:48:03 AM
 #51

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 is a meme, is a coin, and is your best friend too. You can find all info - price, charts, exchanges to trade - about any coin on these sites:

https://coinmarketcap.com/
https://www.coingecko.com/
https://coinlib.io/


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November 05, 2019, 02:12:09 AM
 #52

Dogecoin is one of the first generation blockchain same as bitcoin and litecoin. But this project seems to be a joke at first, even its creator has doubt of it. But recently this project has been added to some major exchange and to some point people got curious why is this happening in spite of being a meme coin for a long time. Infinite supply is good if there's a usage of one coin but hate to break it but dogecoin isn't appealing to my taste.

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November 05, 2019, 02:28:19 AM
 #53

Dogecoin is the original cryptocurrency that is made possible because it originates from the meme and jokingly. Community and enthusiasm in Dogecoin are very much annually. And in some games platforms or faucets mostly use dogecoin payments. I think he can be a good stable and can sometimes go up high but return to the initial price. If for trading hard to get profit from them because the ups and downs are very few and slow.

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ecnalubma
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November 05, 2019, 02:47:16 AM
 #54

Its a joke from the very beginning that turns out to be a serious business now. Doge is more promising than any other shitcoins IMO, due to its large supply investors can take advantage of its low inflation rate and cheaper fees preferrably one of the most used coin in making withdrawal from exchnages.
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November 05, 2019, 04:41:32 AM
 #55

Its a joke from the very beginning that turns out to be a serious business now. Doge is more promising than any other shitcoins IMO, due to its large supply investors can take advantage of its low inflation rate and cheaper fees preferrably one of the most used coin in making withdrawal from exchnages.

Lol. The first time i came across it back then, i thought of the same thing. I think it was meant to be a parody coin though due to it being cheap and quick when it comes to transaction speed, a lot of people actually made use out of it. And i agree that it's more relevant than a lot of coins in the market that offers imaginary products. And you also have gambling sites actually accepting doge.

 
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November 05, 2019, 05:20:46 AM
 #56

It is a real coin designed as a meme coin for the crypto universe. The community for DOGE coin is pretty strong and we see dogecoin pumps twice every year lol.
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November 05, 2019, 05:39:44 AM
 #57

Its a joke from the very beginning that turns out to be a serious business now. Doge is more promising than any other shitcoins IMO, due to its large supply investors can take advantage of its low inflation rate and cheaper fees preferrably one of the most used coin in making withdrawal from exchnages.

Lol. The first time i came across it back then, i thought of the same thing. I think it was meant to be a parody coin though due to it being cheap and quick when it comes to transaction speed, a lot of people actually made use out of it. And i agree that it's more relevant than a lot of coins in the market that offers imaginary products. And you also have gambling sites actually accepting doge.

Pretty much the reason why a lot of people are using this coin for transfer purposes. I for one, is a long time user of doge but yes, only for transfer purposes, not really holding this coin. I first came across of doge 5 years ago and the faucets were very generous at that time.
This has evolved to one of the most used altcoins ever existed and has been in countless exchanges. Even Binance caught its attention. Remember, the dev team is no so active anymore, yet, they don't need a formal application to hit in BNB. That's how doge becomes one of the influential coins in crypto. The OP can however, check all the reference links posted by others here, even hitting the Google search will give you countless articles to read.
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November 05, 2019, 07:54:34 AM
 #58

I wanted to Laugh out loud but then I saw your rank and saw that this is actually your first post, I think you should move this thread to the Beginners & Help Thread: https://bitcointalk.org/index.php?board=39.0

To answer your question, Dogecoin is trading in major Cryptocurrency exchanges including Binance and is listed in Coinmarketcap so it's very much a real coin, realer than majority of shitcoins out there and it has been around for quite a while now.

Aabcde
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November 05, 2019, 09:25:27 AM
 #59

Both are true. But since dogecoin can be traded, I think this has become more real because of people's interest in selling and buying it. Some people use it as a perfect betting tool. Some use it for cheap transactions and donations. At least dogecoin still functions even if it's only a payment system.
On the other hand, almost all markets from the smallest to the biggest include dogecoin in trading digital assets. In other words, dogecoin already has its own community that already loves it.



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November 05, 2019, 10:13:06 AM
 #60

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 starts with memes and turns out to produce large daily transactions and has a large market cap value. Doge is one of my favorite coins to trade because it is fast and cheap. At present, Doge is traded in almost all major exchangers and this is a sign that Doge coins are not memes anymore

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