hack3rcon (OP)
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April 16, 2021, 11:21:49 AM |
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Hello, Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!
Thank you.
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memyselfandi
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Futurov
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April 16, 2021, 11:42:10 AM |
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Hello, Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!
Thank you.
Yes, it is indeed a legit and real coin that is circulating in the market. The sudden pump of dogecoin is not because of the tweet of Mr. Elon Musk or someone's tweet. It pumped because it's either someone bought a huge volume of it, burning tokens or trend manipulation by the whales and many more possible reasons.
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Upgrade00
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April 16, 2021, 11:50:09 AM |
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You will need to do your own research inorder to decide what coin has a good potential and which is not worth investing in, do not make investment advice based on opinions of others; do your own research. Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? Being pumped does not mean a coin is worth investing in, whether the price movement is manipulated by whales or an organic growth. If you're looking for a coin to invest in, especially long term, do not focus on intermittent price changes, rather research on the dynamics of the token or coin.
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acener
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April 16, 2021, 12:01:49 PM |
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Hello, Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!
Thank you.
It is a real coin but if I am not mistaken it has stopped development a long time ago or it is just made as a meme for crypto. You could see the price chart of Dogecoin that it has been stable for a very long time I think we could say that it is much stable than those who claims to be stable coin (LOL). It is just gaining attention right now because of elon and other pump and dump group.
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Bitstar_coin
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April 16, 2021, 12:04:31 PM |
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As real as Elon make it to be, lol, ofcourse dogecoin is a real coin only it was design as a fun or meme coin but now the project seem to catch the interest of big names like Musk who seem to tweet about dogecoin from time to time and ignite fire on the price pump, now doge is trading at $0.27 107% up, something many never thought would happen with this coin. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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X-ray
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April 16, 2021, 12:18:57 PM |
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Doge is a real coin but we called that as meme coin consider doge has no roadmap, developers or anything related to the usability. Doge is getting pumped due to the elon's tweet. This guy has been always shilling for doge since last year. Doge has no active development or even good technology but the doge chain is scalable enough to be used as a micropayment system. THis is a hyped coin for now.
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pakhitheboss
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April 16, 2021, 12:59:44 PM |
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There should be no doubt about Dogecoin. It is a completely legit coin which is also known as Meme coin, If you want to know more about it then you should read this article - What is Dogecoin?. Elon Musk did instigate the pump but now it is pumped by the whales. I remember a few years back you could buy 300k doge for just 16 or 17 satoshis. But, now it is ranked the 8th on coinmarketcap, and till when it will stay there is a mystery.
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bonyaserg
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April 16, 2021, 01:21:49 PM |
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In my opinion, the DogCoin coin is just beginning its development and is gradually developing, step by step. Thus, DogCoin has great prospects for the future and will become a very popular coin in the near future. So for now, you can only invest in this coin and wait for the coin to become in demand in the cryptocurrency market.
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OcTradism
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April 16, 2021, 01:26:57 PM |
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Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets?
What is a real or unreal coin in your definitions? I don't have my definitions for them and cryptocurrencies are cryptocurrencies but their centralization or decentralization are different. Their source codes are different, original codes or copy and paste products from open source codes of older coins. I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!
Dogecoin does not have developments but the communities are global. Simple description, the coin is accepted on many exchanges, many gambling sites and many services. It is a unique coin if you consider how funny when it was created and many years after its birthday. Tweets are like news and cryptocurrencies run with news.
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Ulven
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April 16, 2021, 01:39:42 PM |
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Yes, the dogecoin currency is traded on most platforms and is also accepted as payments in some services, as for the price increase resulting from the injection of money and will be discharged later. We have seen the majority of altcoins grow at the beginning of this year and do not know how long the bubble will last. Undoubtedly, there will be weak and false currencies, so we must pay attention before investing and identifying reliable projects!!!
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corel
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April 16, 2021, 01:42:36 PM |
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Dogecoin = PumpingCoin
This coin was created for the lulz. Just look at it's course now. Greatest LOL
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senyorito123
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April 16, 2021, 01:44:19 PM |
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As real as Elon make it to be, lol, ofcourse dogecoin is a real coin only it was design as a fun or meme coin but now the project seem to catch the interest of big names like Musk who seem to tweet about dogecoin from time to time and ignite fire on the price pump, now doge is trading at $0.27 107% up, something many never thought would happen with this coin. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Yes, Dogecoin is a real coin which is on its way to pumps up most especially it was mentioned by a known person in tweeter which is a proof that it is a good coin. It grows like a little seed that developed more and more which catches people's heart because of the success it shows to everyone.
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ipanks
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April 16, 2021, 02:16:29 PM |
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From meme coin at the beginning, and now become the top 5 coin lists. That surprise many people who join the crypto world a long time ago and they do not even think that Dogecoin can surpass the new highest price this year. Many people are making the biggest profit from Dogecoin and willing to buy the coin from a long time ago. Dogecoin proves that the old one can survive and beat the new coins or tokens with a good project. The price still increases and I wonder when it will stop.
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capcaypro
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April 16, 2021, 02:30:24 PM |
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if we talk about real or fake coins obviously doge is a real coin but when we talk about that potential we have to look at the dynamics as well as the ins and outs of the coin itself. and if doge itself we all know its growth up to this extent is due to the services of an elon musk roughly this is pumped only at the initiation of a billionaire and this is very clearly visible. but to invest long term we can't just because looking at the coin in terms of someone's pump alone we have to see the prospects of the coin being good or not.
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DaMut
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April 16, 2021, 02:40:56 PM |
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From meme coin at the beginning, and now become the top 5 coin lists. That surprise many people who join the crypto world a long time ago and they do not even think that Dogecoin can surpass the new highest price this year. Many people are making the biggest profit from Dogecoin and willing to buy the coin from a long time ago. Dogecoin proves that the old one can survive and beat the new coins or tokens with a good project. The price still increases and I wonder when it will stop.
but that does not mean it has a long term potential, it is good as a stepping stone since it is mainly focused on meme and hype. from my own perspective, it is kind of way from the whale to introduce cryptocurrency to the masses by showing them what cryptocurrency capable of. after more people coming in, I am positive it will bleed for the next few years non stop because it does not have any real usecase other than being a meme. if you are going to make some quick buck, it is not a problem to invest on it but it is definitely not for the long term.
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meldrio1
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April 16, 2021, 02:44:53 PM |
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Yep dogecoin is a real digital coin but this coin was just made for fun by the developer so there is no use case of this coin except for transferring funds because of the low fee. The dogecoin was survived because people like the meme they embraced it, the community is growing so as the price and add Elon Musk who always promotes doge. It would be a big achievement for dogecoin to reach $1 price.
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semobo
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April 16, 2021, 02:53:17 PM |
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Hello, Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!
Thank you.
It is real coin but investment community is giving more attention to this coin after Elon is tweeting about it, and reached a new all-time high again after one more tweet. And also it has potential too because it is cheaper so people who want to transact cryptos can use this and also crypto gambling community adopted to DOGE coin more in the recent months.
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Kelvinid
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April 16, 2021, 02:56:45 PM |
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Hello, Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!
Thank you.
How it comes into your mind asking like that? Dogecoin has existed in the market for a very long time, that it proves enough that it is a legit coin. Elon Musk is shilling on Doge, can't deny that but that is not related to how this coin exists. That actually Dogecoin has less market potential, why? Dogecoin price development is so slow and that gives a reason why investors don't consider this coin for their investment. I was happy that Elon Musk shills Doge but that it seems not it works and still the price kept at low, unlike the other coins who made an x5, x10 increase.
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Bilgent
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April 16, 2021, 03:03:36 PM |
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Dogecoin has nothing to do with being a real coin. It's just one of the shitcoins in the market. Their creators even made it for fun and they weren't expecting it to reach this level. If it weren't for Elon Musk, it couldn't have risen this much. His manipulation rate is really high.
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lobo13hf
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April 16, 2021, 03:06:19 PM |
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Doge coin was a meme coin. The main purpose for the creation of this coin was for a joke coin and no more. If you wanna ask about the fungibility of token or development progress and the answer is doge has no developers that can continue the development of doge coin. Doge coin already abandoned by the developers since a few years ago. There's no party that can handle doge coin right now. doge coin just like bitcoin that none control it.
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