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Author Topic: Dogecoin - a joke or a way to make money?  (Read 2818 times)
bitkanu
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October 28, 2021, 01:32:48 PM
 #41

Dogecoin is a joke coin that is also a way of making huge profits.
Doge coin was a speculative coin. It's more than a meme token but people have been using this token as a new way to make profit. So many new millionaires were coming caused by this meme token. People are actively using meme tokens as a way to gamble their money to make it becomes millionaires. This is an old story about meme token. that's just a common thing.
Here there is Elon Musk who always supports Dogecoin Very happy if you follow the dogecoin chart that continues to rise.
Elon was not so happy again, doge has been getting a new competitor called shiba inu. this token has been performed even better than another people.

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October 28, 2021, 01:38:19 PM
 #42

Doge not a joke but not really great coin to invest for long terms for now, price of doge rising because Elon. If elon not in doge maybe price the Doge will be down/cheaper.

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October 28, 2021, 01:42:42 PM
 #43

DOGE is the third coin I bought after bitcoin and Dash, this is an old coin that still survives until now and I always have DOGE balance even though it's only a little, DOGE is a serious project so we can't say a joke, the proof is that there are many markets and users who actively use DOGE.
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October 28, 2021, 02:15:00 PM
 #44

@OP,
There are 2 ways I know of, with which demand increases of a coin:
- If the project has some solid features to offer and is unique in its own kind
- If some great personality starts talking about a coin which has nothing useful

In both cases, the price of that token will spike high multiple times but in the second case, it will go a lot higher because of the level of influence that personality makes over everyone.

IMHO, I used to think Doge was a joke, till Musk started to shill about it. Now, I don't think Doge remains shit anymore, but has gained some worth for waiting so many years but without any utilities.

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October 28, 2021, 02:50:49 PM
 #45

Dogecoin was originally only used for coin memes.
but now it looks like the coins used by the big whale pump so many people buy them
to make a profit there.
I think this is real and it looks very clear that this coin is making money.
it's better if you want to buy meme coins, you should buy it when the big whales buy the coin, buy it when the momentum happens then we can benefit from doge coin.

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October 28, 2021, 03:26:41 PM
 #46

Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

Lots of people have benefit from that coin and now many joined the party with shiba inu. Fundamentally speaking, Doge is nothing but supported by various personalities that makes it a billion dollar worth marketcap coin. Without those names, that coin is nothing but a currency to tip someone which is over years ago. Everyone is at risk in the long run I believe.
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October 28, 2021, 04:34:07 PM
 #47

Dogecoin was originally only used for coin memes.
but now it looks like the coins used by the big whale pump so many people buy them
to make a profit there.
I think this is real and it looks very clear that this coin is making money.
it's better if you want to buy meme coins, you should buy it when the big whales buy the coin, buy it when the momentum happens then we can benefit from doge coin.
Indeed no one thought that dogecoin could be as popular as it is today, although it started as a joke, the popularity of dogecoin has now soared quite drastically and of course part of the increase was supported by the mainstream adoption of bitcoin and other cryptocurrencies, the presence of elon musk made dogecoin experience a fairly large increase and even now these are many other meme coins that make the fame of elon musk as a step to increase the popularity of meme coin, I think even though dogecoin has a big hype, but of course it is very vulnerable for us to hold it for  long term, because i see now the hype of elon musk is one of the biggest causes the price of coin memes has increased, And if Elon Musk forgets Dogecoin someday, of course the price of Doge Coin will be destroyed again Grin.

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October 28, 2021, 04:57:02 PM
 #48

Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

well i hope you know what happened to shiba since it was meme coin as well., if i were you mate better to make technical analysis on Doge because for sure without knowing you will might miss the train as it showing green big candle at this moment, wherein a break out obviously if we will gonna used a larger time frame. and there's a possibility it will gonna show another big candle afterwards in my personal opinion like what always happen.. So keep your eyes on it..
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October 28, 2021, 04:57:28 PM
 #49

Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?


You can say doge might be just meme coins that was created based on joke . but doge has been with the crypto community for a very long time. and I myself am one of the doge users who used to be just for fun. and used for microtransactions. after the pump from Elon which made the doge look like a bubble scheme. and to be honest I've never taken coin memes too seriously.



Doge is a very ambiguous project. At first, no one believed in him, but after Elon Musk's tweets, he soared very high compared to his previous price. It was an illustrative moment, and people who managed to understand what they could earn here made a profit. Many people started investing already at the peak of the price and now hold Doge in order to make a profit in the future when growth comes.

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October 28, 2021, 05:02:34 PM
 #50

No mate, i don’t know that why you think that doge is a Joke, we know that Doge is a Shitcoin but if we see It's previous years price chart, then we can see that has a good change of  It's price. And also yesterday doge price was 0.2 cent but today doge crossed 0.3 cent.   

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October 28, 2021, 05:46:54 PM
 #51

No mate, i don’t know that why you think that doge is a Joke, we know that Doge is a Shitcoin but if we see It's previous years price chart, then we can see that has a good change of  It's price. And also yesterday doge price was 0.2 cent but today doge crossed 0.3 cent.   

It's exactly what makes the whole crypto world a bit deceiving, Doge is created like a joke, and only last year Doge made a crazy jump! But let's be honest, who expected that? We all said that Elon is responsible for that rise, but I guess that even he didn't know what kind of wave he created, probably it was just one of his experiments.

I think we can't deny that Doge made a crazy jump, and I am sure that non of us can claim that the same thing won't happen again, the reality is that we can expect Doge to jump once again, and we can expect to go back where it was, all options are open!

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October 28, 2021, 05:53:17 PM
 #52

Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?
There cannot be any concrete conclusion as of now because it got world's richest person to keep pumping it. So, everything (to become real money or to remain as a joke) got equal possibilities. To be into safer side and at the same time not missing out a life changing opportunity, you may go for investing only your affordable amount with dogecoins and then you may not miss anything big on the event of either one.

Moreover, Elon Musk got 2 big orders from Hertz and Uber which means he might have got billions in surplus which may get into flowing for pumping dogecoins, who knows? Tesla shares are flying and dogecoin just starts its another round of rally right now, so we need to wait more before concluding anything about dogecoins.

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October 28, 2021, 05:58:06 PM
 #53

Dogecoin is a joke coin that is also a way of making huge profits. Here there is Elon Musk who always supports Dogecoin Very happy if you follow the dogecoin chart that continues to rise.
Actually, joke is not the first definition for dogecoin, it is the definition after the clown Elon Musk announced the performance, he contributed a lot to this hateful joke, which went from initial undertones to more advanced ones and turned the tide with smiles and deceit, although under his support, dogecoin became a magic horse in the crypto world but his tough joke style suddenly became a brand with such funny support. And the brand represents the future but remember that making money with jokes is quite dangerous and can bleed when we are careless.

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October 28, 2021, 06:08:03 PM
 #54

I don't think it's like that either, because the world's rich people when doing something all have benefits.
talking to dogecoin before he was not a lot of people like it but when the figure of Elon Musk talked about coins
or dogecoin, the market chart has increased sharply, the market has changed completely

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October 28, 2021, 06:15:54 PM
 #55

Yeah I think doge start was for just a fun but now it fully changed many people make doge Coin as a way of earning. Now there are huge investor of doge from all around the world which invest million of dollar in doge coin. Ethereum ceo vitalik told to media that investment in doge is his most profitable investment.
 

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October 28, 2021, 06:22:00 PM
 #56

dogecoin became a magic horse in the crypto world but his tough joke style suddenly became a brand with such funny support. And the brand represents the future but remember that making money with jokes is quite dangerous and can bleed when we are careless.
Yeah, like people have mentioned on this discussion, anything could happen for dogecoins. Because, we cannot expect a continuous support for dogecoin from Elon Musk as he is known for developing business like paypal and then getting into new projects which are feeding his challenge loving nature. So, being cautious will help all the crypto adapters for sure.

I don't think it's like that either, because the world's rich people when doing something all have benefits.
I do think dogecoin will achieve a status of being a top currency in crypto space or it will get back to being a joke again. Because, Elon Muck or anyone cannot keep pumping and dumping all the times. He needs to take care of dogecoin completely or need to leave off. So, I am not expecting it will remain both.
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October 28, 2021, 06:34:44 PM
 #57

Yeah I think doge start was for just a fun but now it fully changed many people make doge Coin as a way of earning. Now there are huge investor of doge from all around the world which invest million of dollar in doge coin. Ethereum ceo vitalik told to media that investment in doge is his most profitable investment.
Yes I agree that we do not need to go by the origin of dogecoins any more but we need to eye only on what are the things happening around dogecoin ecosystem because that alone will help people to make money out of dogecoin investments. As of now, Elon Musk seems get back to action to pump dogecoins into a new height.

I believe dogecoin may not be a joke from the current levels hence investing with it may help anyone to grab quick profits. Please note, this may remain true only for short term speculation and in long run anything could happen as dogecoin is fully depending on what Elon Musk will decide.
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October 28, 2021, 07:06:37 PM
 #58

Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?


If you ask me i would say that it is both. As dogecoin is a meme-coin it offers zero use cases and functionality for it's users and it pretty much started as a joke as you already said. That doesn't mean though that you can not make money out of it. Just look at all those meme-coin craze that is happening in the last few weeks and months. People that invested early into coins like shiba-inu made some huge profits with it. That being said, i would never invest my money into meme-coins as i think they are not good for the crypto market as a whole. That being said at least dogecoin was the first of it's kind and invented that whole meme-coin stuff.
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October 28, 2021, 07:08:26 PM
 #59

It's gambling that's it.  It's a useless coin that people hope to buy and have someone paymore for.  Eventually the bottom will fall out and those holding (diamond handing) the bag will be the lovers in the doge game everyone is playing.
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October 28, 2021, 07:21:24 PM
 #60

regardless of what other people words doge and now a days is one method of making money ,actually long ago when the price was a cheap but only a few realized it ,jokes or the like that make people rich is actually not a joke which means doge has been accepted by the world community with such a cute logo

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