Topic: A meme coin called baby doge worth this risk? (Read 432 times)
I think if the trend of meme coin is already fading, I see no real valid reasoning as to why you should invest in meme coins anymore, these coins are nothing more than clone of the existing coins like shib but with less community and innovation, I think you should just leave meme coins right now, there's smaller potential in it meaning smaller chance of you making tremendous returns like it was in the past, after all these clones of shib could hardly ever achieve the same feat in the long term.
in my opinion the best meme coin is dogecoin, but many imitate the name dogecoin to get sympathy from the crypto community and the dogecoin community, but it seems not many are interested in this project
Everything Dogecoin did in the market was due to hype created by Elon Musk. It's becoming difficult for solid projects to survive in the market, and meme coins like dogecoin don't seem to be given much importance by the crypto community. So jumping into this coin during a bad market situation would not be a good decision, because like other coins during bull market, this coin was pumped only because of hype and nothing else.
It is true that investing in meme projects is not advisable at this point, but I disagree with you saying that meme coins are not of interest to the community. How often do you check rankings on CMC? You can see doge and shiba positioned above so many coins we call them potential coins. Both of these memes have a larger market cap than Atom, Avax, and litecoin, a top coin from 2013.
Potential coins or topcoins of the 2013 and 2017 cycles are barely found on CMC, but over time, the doge still stands on the market and gets bigger and bigger. We are here to make a profit, as long as the meme still makes a profit for you there is no denying it.
investing in crypto always must be done after your own research . tokens such as you are talking about , has no future value as I see. there will be only a temporary pumps and dumps if a big crypto influencer or any big company mention about it such as Elon must or someone like that. investing in such tokens which has billions of supply and specially meme coins , would make you rune. so be careful in this case. invest your money for something valuable.
It's hard to trust this coin to be honest. We might say that Doge went through a different parh but we can't conclude that this meme coin is worth investing and so as babydoge. It might be another form of coin that could easily be manipulated. I also don't see any good future for it. There are still other altcoins that are worth investing. 
every meme coin will just lost its value in the upcoming year for the simple reason that the trend has faded, better investing in other coin, since meme coin itself that's good is already valued quite high.
if you think you wanna invest in meme coin invest in doge instead, at least it's the ones that could survive many corrections, the other coin like this one you mentioned have higher chance of just losing its value.
if you think you wanna invest in meme coin invest in doge instead, at least it's the ones that could survive many corrections, the other coin like this one you mentioned have higher chance of just losing its value.
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
To my knowledge Baby Doge can't be mined, because it's a token from the BSC blockchain. So far, the Baby Doge tokens have been burned to reduce the amount of supply circulation. And the number you mention is also very high, I think within one year the tokens that must be issued to you will reach 222 billion tokens. What if there are more than 100 people mining tokens in a year?
I think if the trend of meme coin is already fading, I see no real valid reasoning as to why you should invest in meme coins anymore, these coins are nothing more than clone of the existing coins like shib but with less community and innovation, I think you should just leave meme coins right now, there's smaller potential in it meaning smaller chance of you making tremendous returns like it was in the past, after all these clones of shib could hardly ever achieve the same feat in the long term.
Probably he is thinking for an easy profit just like what happened on many meme tokens before, well that was before and I agree that there is no hype anymore. Why buy meme token if they have no real usage in the market? This is not worth it and I suggest to OP to think again before buying. On this bear market we should only buy good coins, they are the one who can survive in bear market and still give you profit. Think and analyze properly before you investment, hype is not good at all. 
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
If you think that the number of coins generated per day is considered some kind of good sign, that's not really true. Projects with a large circulating supply are the hardest to grow unless they have some kind of additional support from influencers or large holders. These coins are highly inflationary, so there isn't much value in having a lot of them. It's more of a psychological factor than an economic one. There are times when some investors choose to PoS mine coins that are the cheapest. They think there will be more rewards that way, but they don't consider other factors where that cheapness starts to cost them a lot and they lose money.
Currently, hype on meme coins have reduced perhaps due to the bear market. However, as at July, last year Baby Doge received a lot of attention due to Elon Musk's tweet (https://www.fxempire.com/forecasts/article/elon-musk-thrusts-baby-doge-into-the-spotlight-meme-coin-soars-748323) as well as CZ's (https://finance.yahoo.com/news/binance-cz-gives-baby-doge-122359392.html). IMO, Baby Doge Coin could be a potential repeat of what played out with Doge Coin in the future. Apart from playing into a possible hype of Baby Doge Coin, I don't see any other potential in the coin unless the team develops the Coin to have more use cases in the future. I suggest holders to still hold the coin, it may explode in the future as these prominent men, Elon and CZ, have talked about the coin in the past.
in my opinion the best meme coin is dogecoin, but many imitate the name dogecoin to get sympathy from the crypto community and the dogecoin community, but it seems not many are interested in this project
Everything Dogecoin did in the market was due to hype created by Elon Musk. It's becoming difficult for solid projects to survive in the market, and meme coins like dogecoin don't seem to be given much importance by the crypto community. So jumping into this coin during a bad market situation would not be a good decision, because like other coins during bull market, this coin was pumped only because of hype and nothing else.
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
No disrespect though, but I am not a fan of memecoins. Even the "almighty" memecoin known as DOGE doesn't have real use cases and fundamentals as it is only just for "fun" coin and was just being hyped by Elon Musk and Mark Cuban that time when DOGE got up to almost $0.80 I think.
Sorry but I am not a believer of any memecoin because it's just hype. Any new memecoin will just only pump short term before we see a long term dump until it's technically "dead".
Graphics cards have not become cheaper yet even while mining isn't profitable anymore, my advice will be to sell your graphic cards fast before miners offload their graphic cards into the market, use that money to buy coins right now or go for Asic miner and focus on Bitcoin mining of Dogecoin mining.
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
No disrespect though, but I am not a fan of memecoins. Even the "almighty" memecoin known as DOGE doesn't have real use cases and fundamentals as it is only just for "fun" coin and was just being hyped by Elon Musk and Mark Cuban that time when DOGE got up to almost $0.80 I think.
Sorry but I am not a believer of any memecoin because it's just hype. Any new memecoin will just only pump short term before we see a long term dump until it's technically "dead".
i hate to see his wild promotions on twitter about getting listed on binance it's like a public lie many twitters do in the name of babydoge, i'm still wondering what's the draw of such a huge supply that it looks like garbage piled up in my opinion, if i were you maybe I will buy Dogecoin then pay in installments to put it in my bag instead of buying other meme tokens
All of promotions that already made by baby doge community was actually fake and these tokens being supported by bunch of liars and scammers. I didn't even know why there are people who keeo buying this piece of shit from the market. OP must regret his decision to mine this shit scam token. it's not even worth with his electricity. It's better to mine small pow coin rather than baby doge which fully backed by so many liars. 
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
To my knowledge Baby Doge can't be mined, because it's a token from the BSC blockchain. So far, the Baby Doge tokens have been burned to reduce the amount of supply circulation. And the number you mention is also very high, I think within one year the tokens that must be issued to you will reach 222 billion tokens. What if there are more than 100 people mining tokens in a year?
investing in crypto always must be done after your own research . tokens such as you are talking about , has no future value as I see. there will be only a temporary pumps and dumps if a big crypto influencer or any big company mention about it such as Elon must or someone like that. investing in such tokens which has billions of supply and specially meme coins , would make you rune. so be careful in this case. invest your money for something valuable.
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
I honestly had no idea that Babydoge could be mined. And if what you say is true, what kind of mining are you using? can you tell me here dude? Then look at it in CMC https://coinmarketcap.com/currencies/baby-doge-coin/ you can see in the picture that it has a volume of $4,876,180 daily, which if I look at it is not bad and I can tell if it beat the others that didn't meme coins here in the crypto space.
~~~~~~
This is true, I'm curious about that too.
If you were an Ethereum miner before, After Ethereum switched to POS, why don't you choose to mine ETHW or ETC, If you like meme tokens you can choose the more popular Dogecoin.
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
I honestly had no idea that Babydoge could be mined. And if what you say is true, what kind of mining are you using? can you tell me here dude? Then look at it in CMC https://coinmarketcap.com/currencies/baby-doge-coin/ you can see in the picture that it has a volume of $4,876,180 daily, which if I look at it is not bad and I can tell if it beat the others that didn't meme coins here in the crypto space.
Also, its Max supply is 420 Quadrillion, please correct me, then it has a total supply of 231,942,258,692,909,000 while its circulating supply is 115,113,333.04B BabyDoge
But, if it's just for me who wants to gamble here for a small amount, it's okay even if I lose but he can also make a lot of money in the future when the price kicks in and it will burn trillions of tokens.
Baby Doge might be relinquished in this bear market, we haven't seen anything yet, I believe that this present bear market is still the tip of the iceberg, a menace is coming that will make many people lose their cool, the fear and greed index will be at extreme fear and many will quit, many projects will die too, mine better coins and avoid wasting your time.
Bearish Market becomes a natural selection to see whether coins or projects can survive, when the bearish market is certainly used by developers who will cheat, which is to make a new project then pump for a moment and when they feel profitable it will let the project die.
coins that can survive are certainly coins that have strong fundamentals,
it is held in the top altcoins like Ethereum and BNB both of which continue to survive
should be mining in coins or coins that have never been hype before will have the potential to generate greater profits than us mining well-known coins such as ethereum. but it's worth the risk, you mine baby doge means believe in coins. I've also heard the name baby doge seems to be the third most popular position after the shiba inu.
Ethereum can't be mined anymore. Did you even try to get the latest update or not? People known this so well as so many press have been making the news about ethereum as well. That means if you didn't even aware about this too. I think that you can see how good ethereum for now after it has been migrating to the POS rather than keep its old consensus which has been collude by the garbage miners that are so greedy as fuck 
I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day but that's because the max supply of the project is enormous, what do you think about Baby Doge, some time back there are a lot of noise about this project, any believer here?
As long it could give out make some profits then it wouldnt be bad to have those kind of considerations on mining them.Its your miner then it would be totally depending on your decision whether you would proceed outor not.IF you do find it beneficial or profitable then why not? We are all here for profit which is a casual thing to have which it would be understandable that we would really be seeking on something which could
give out those kind of chances.Meme coins or mining them arent really that requiring too big hashpower.Its up to you if you could bare up with the risk with those
resources on just mining babydoge.
Well-spoken, we are here looking for profit so if it can be profitable for us then we have nothing to fear. Baby doge is a meme, not suitable for long-term holding, so OP can mine and sell periodically, limit holding for long, then nothing will be too serious or harmful to OP. Not only baby doge but he can mine any coin as long as it has current value and is tradable right after mining there is no hesitation.
I see a lot of options for miners after ETH moves to POS, OP can also mine ETC or ETHW, if afraid of risk from meme coin.
Jump to: