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Author Topic: Dogecoin become more stable than Bitcoin  (Read 382 times)
Bitcoinjheta
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May 29, 2021, 05:39:28 AM
 #21

doge coin shows a big achievement for these short period of time and its not becoming more stable compared to bitcoin which scalability and profitability in a number one spot have already tested for many years. It only happened when meme dogecoin come along in the top 10 spot of coin marketcap when it was started shilling by Elon Musk.
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May 29, 2021, 07:40:37 AM
 #22

doge coin shows a big achievement for these short period of time and its not becoming more stable compared to bitcoin which scalability and profitability in a number one spot have already tested for many years. It only happened when meme dogecoin come along in the top 10 spot of coin marketcap when it was started shilling by Elon Musk.
If Dogecoin is compared to bitcoin, of course that is very far and the achievement of bitcoin which until now continues to be the top coin I am amazed at that,
even though Dogecoin is showing great achievements but will it continue in the future,
we just follow the development of Dogecoin and what will happen in the future
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May 29, 2021, 10:59:01 AM
 #23

how could you compare the limited supply with the unlimited, some of them may not know the background but others are ready to take benefit. i hope people start avoiding big risks that can affect mentally and psychologically in the future

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May 29, 2021, 11:30:04 AM
 #24

Dogeocoin couple of days 0.5% minus only. It became a stable coin  Grin

People feel more confident to invest now in dogecoin.

Seems like it stop being a pump and dump and people hold it long term.


Wjhy not check the market now and tell us if Dogecoin is still stable than Bitcoin

https://coinmarketcap.com/

Dogecoin drops more than half of Its ATH while Bitcoin is only fall by 40+% as of this moment.

michellee
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May 29, 2021, 12:06:38 PM
 #25

If Dogecoin becomes more stable than bitcoin, it will more like a stable coin and people will use Dogecoin as their safe haven. But I doubt that because Dogecoin will be down and up again although we do not know when that will happen. This price can get down for more because Dogecoin is hard to increase more than $1 unless a pump is coming to that coin.

If the price is down for more, I will try to buy for more as Dogecoin can become a long-term investment like Bitcoin. This price seems too high for me so I think I will wait for more to buy.

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May 29, 2021, 06:21:05 PM
 #26

Dogeocoin couple of days 0.5% minus only. It became a stable coin  Grin

How? Through Twitter Influence? Dogecoin started growing after Elon Musk tweeted on 8 May, in his tweet he claimed himself "dogefather". He just manipulated the market by his tweet.
This coin is totally useless and it looks like a fake pump, only those who follow Elon Musk have invested in this coin. They are just gambling with their investment and participated in an unpredictable pump.

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May 30, 2021, 01:00:27 AM
 #27

If any coin perform good we must ack that coin performance rather then start comparing it with bitcoin immediately. After recent fall of crypto market it become more clear that altcoins can go up only if bitcoin goes up. Altcoins have little tendency to go up on their own.

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VanDeinsberg12
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May 30, 2021, 07:25:05 AM
 #28

If Dogecoin becomes more stable than bitcoin, it will more like a stable coin and people will use Dogecoin as their safe haven. But I doubt that because Dogecoin will be down and up again although we do not know when that will happen. This price can get down for more because Dogecoin is hard to increase more than $1 unless a pump is coming to that coin.

If the price is down for more, I will try to buy for more as Dogecoin can become a long-term investment like Bitcoin. This price seems too high for me so I think I will wait for more to buy.
Stablecoin only possible if the coin pegged to fiat otherwise it's gonna be a big big failure, I've seen many project trying to make their version of stablecoin by combining various crypto or assets to back the
coin up but fails miserably and the price gets uncontrollable because there's no way to determine the worth of such coin clearly, now it's people saying doge gonna be stablecoin and that just sounds really ridiculous. I mean a coin that was pumped by speculators with now other unique functionality whatsoever become stablecoin i will do backflip if that really happens lmao.

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bitterguy28
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May 30, 2021, 07:46:36 AM
 #29

Ok, yes doge coin was and now is popular but this point regarding stabillity is under big question. We cant still compare doge and btc.
Nope it is related mate, OP was pointing about the movement of price recently though it is really not that comparable but for a certain time it is.

and i admit that i also look at this point recently when Doge stays at 50 cents but now?

lol it dumps like what bitcoin did and much deeper .

peter0425
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May 30, 2021, 10:03:19 AM
 #30

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May 30, 2021, 11:13:27 AM
 #31

It will only take a negative  tweet from Elon musk for dogecoin  price to dip. No matter how much dogecoin is been package,  dogecoin  will remain a meme coin.  Elon have said that he's looking for a way to accept dogecoin as mean of payment, until that happens,  dogecoin is dogecoin!

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May 30, 2021, 01:56:06 PM
 #32

How it becomes stable if the market is not? Lol seems you're making jokes here mate.. The whole market is down so how comes this kind of coin wherein has potential to become shitcoin will stay stable despite of circumstances.? Its impossible mate infact even those projects that not included in some accusations around the internet about bitcoin manipulation they're suffering as well so how dogecoin can survived? Stop that nonsense mate too good to be true..
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May 30, 2021, 03:38:14 PM
 #33

Meme is meme and doge will never be a stable coin. I think that anyone should stop dream to see the price of doge coin will be very stable consider the fact that it was getting dumped after bitcoin already suffered big dump due to the bearish trend. Doge will remain as a meme coin that will never stable. Bitcoin was not a stable coin as well and i think that you misinterpret about that OP.
You must try to learn more about what was the definition of the stable coin. You have no clue about that. All of coins that were not backed by stable asset will remain unstable.

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May 30, 2021, 03:44:49 PM
 #34

Dogeocoin couple of days 0.5% minus only. It became a stable coin  Grin
Yes good luck with the stable coin theory  Cheesy. People are investing in Doge whenever there is a correction hoping that they would get a good profit and you cannot complain.

People feel more confident to invest now in dogecoin.
Seems like it stop being a pump and dump and people hold it long term.
May be the new users are more confident in investing in Dogecoin, i did not touch Doge after the market rallied and i wont be investing in them anytime soon but that will be a coin i will be holding when the market settles down and hopefully will make the same profit during the next rally as well.
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May 30, 2021, 05:21:25 PM
 #35

Dogeocoin couple of days 0.5% minus only. It became a stable coin  Grin

People feel more confident to invest now in dogecoin.

Seems like it stop being a pump and dump and people hold it long term.


Wjhy not check the market now and tell us if Dogecoin is still stable than Bitcoin

https://coinmarketcap.com/

Dogecoin drops more than half of Its ATH while Bitcoin is only fall by 40+% as of this moment.

Exactly! People are looking at BTC DOGE value so they think it's stable but Bitcoin has been losing value against USD while DOGE is losing value over BTC, so the dollar value is far worse for DOGE, same for almost every alt commonly traded against Bitcoin. People don't learn that's the problem.

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May 30, 2021, 06:30:41 PM
 #36

Also, if people more confident to invest, ofc they will average down their last entry (bcs i think most of them are trapped on the peak) and thats activity will increase doge price which we dont see atm.
Agree with that, a lot of investor got trapped by investing in dogecoin at the peak price. Now they are holding their dogecoin as they have no other option left. Investors will face a huge loss if they sell their coins at lower price. People aren't investing in dogecoin by being confident. Everything happened for the manipulation. But the manipulation is no longer working, people realized everything now. If people had confidence in dogecoin then the price would recover quickly from this point without showing stability.

R


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May 30, 2021, 09:55:39 PM
 #37

Dogeocoin couple of days 0.5% minus only. It became a stable coin  Grin

People feel more confident to invest now in dogecoin.

Seems like it stop being a pump and dump and people hold it long term.


You dont know on what "stable" word means.Yes, it might having no big movement but that one can be considered to be stable? No its not because there are several factors or reasons
on why its not moving.

-No high liquidity or volume
-People are waiting for next move (Hesitance).

Try to look at on next shills or fuds that would happen to Doge, for sure you would able to see wide swings into the price.So better not to make out conclusions because
crypto coins arent stable at all aside from stablecoiins which is normal.

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May 30, 2021, 10:16:27 PM
 #38

Ok, yes doge coin was and now is popular but this point regarding stabillity is under big question. We cant still compare doge and btc.
Accurately.

People tend to compare bitcoin and Dogecoin. The two has gone far from the peak that it had. Dogecoin got alive because of Elon Musk's tweets. While bitcoin has been living and being talked about by most of the people of the world freely without any popular guy.

We shall see how both of these will go by far when the market goes back its stability for both coins.

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June 01, 2021, 06:43:00 PM
 #39

Doge has been in an eventual bearish trend, it seems that the Doge bulls are giving in to the current market changes, perhaps it is that most expect a greater decline in BTC, but it is just a matter of waiting:



Quote
The volatility in Dogecoin (DOGE) has reduced due to lack of aggressive buying or selling by traders. The moving averages have completed a bearish crossover and the RSI is in the negative territory, indicating the bears have the upper hand.

Source: https://cointelegraph.com/news/price-analysis-5-31-btc-eth-bnb-ada-xrp-doge-dot-uni-icp-bch

I would not say that it is more stable than BTC, I would say that it is falling much lower than when Elon Musk launched his first tweet in favor of Doge, let's wait to see how far this theory can develop.

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June 01, 2021, 10:28:58 PM
 #40

With such a large supply and the supply is controlled in large quantities in several addresses.

I don't think you can call "Stable coin".

When the whales sell in a big amount, everyone will panic and "SAYONARA" for Doge.
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