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Topic: A meme coin called baby doge worth this risk? (Read 413 times)

hero member
Activity: 2366
Merit: 504
September 25, 2022, 06:13:31 PM
#59
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.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
September 25, 2022, 06:03:22 PM
#58
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.
full member
Activity: 1708
Merit: 126
September 25, 2022, 12:33:09 PM
#50
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.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
September 25, 2022, 07:11:18 PM
#49
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.
sr. member
Activity: 1638
Merit: 457
September 25, 2022, 07:08:02 PM
#48
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?
right, baby doge can't be mined I think he misinterpreted the concept that happened in the baby doge project. every buying and selling transaction there will be a certain percentage of token burning. this usually happens in the meme project concept, this strategy is very profitable for the founders every transaction fee goes into their wallet from slipage settings
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
September 25, 2022, 06:55:44 PM
#47
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.
staff
Activity: 2436
Merit: 2347
September 25, 2022, 05:30:58 PM
#46
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.
jr. member
Activity: 1288
Merit: 7
September 25, 2022, 02:34:16 PM
#45
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.
hero member
Activity: 1806
Merit: 720
Top Crypto Casino
September 25, 2022, 02:29:30 PM
#44
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.
full member
Activity: 588
Merit: 223
September 25, 2022, 02:18:39 PM
#43
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".
yes I also agree with you, Meme Coin is often seen as a joke. although some investors believe that these coins can be a gold mine for them. most Meme Coins are just made for hype. Some Meme Coins become popular because they highlight things that are going viral or are promoted by famous artists. This is why the value of these coins can soar quickly even though the fundamentals are quite fragile.
member
Activity: 110
Merit: 11
September 25, 2022, 01:41:07 PM
#42
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.
hero member
Activity: 2254
Merit: 658
Looking for gigs
September 25, 2022, 01:06:57 PM
#41
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".
sr. member
Activity: 1890
Merit: 268
Vave.com - Crypto Casino
September 25, 2022, 12:45:03 PM
#40
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.
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
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 24, 2022, 01:09:39 PM
#39
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?
jr. member
Activity: 98
Merit: 5
September 24, 2022, 12:58:42 PM
#38
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.
sr. member
Activity: 1176
Merit: 252
September 24, 2022, 12:21:20 PM
#37
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.
member
Activity: 532
Merit: 17
Eloncoin.org - Mars, here we come!
September 24, 2022, 10:44:18 AM
#36
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.

full member
Activity: 1610
Merit: 103
The OGz Club
September 24, 2022, 10:03:19 AM
#35
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.
Indeed, when it is bearish we can see which coins or projects are really potential,
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
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 24, 2022, 09:33:13 AM
#34
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
hero member
Activity: 1820
Merit: 526
Leading Crypto Sports Betting & Casino Platform
September 24, 2022, 09:28:20 AM
#33
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 out
or 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.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
September 24, 2022, 08:48:34 AM
#32
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?

The fact that you have mentioned "some time back there was a lot of noise about this project", and currently seems there's no buzz right now, you should already know what to do. You also mentioned that it might good look but bad to others.

If I will give my own view, definitely no. Not worth my time.

If it's worth your time, only you can answer that. What's the result of your DYOR about that project? From there, decide.
hero member
Activity: 1316
Merit: 593
PredX - AI-Powered Prediction Market
September 24, 2022, 08:29:36 AM
#31
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 don’t think it can bring any profit for you. did you bought baby doge ane stake that token for mining or you mine freely?  and where you mine this token?  if you mine freely 609,000,000 everyday then it is not bad coz its worth of $0.73. you can get $21 each month from here. but if you need to deposit any asset for mining baby doge then i will tell it will not bring anything good for you
hero member
Activity: 2814
Merit: 518
September 24, 2022, 08:08:45 AM
#30
I guess the mining software is a certain beauty named Unmineable, right? If it is, then you are good. By the way, Baby Doge had a certain pump earlier this year, hope you caught that particular pump. I don't usually hodl meme coins for obvious reasons. Maybe you can try it
My first time to heard this token can be mined lol. i guess if OP was joking about mining this token caused by the supply was actually fixed like shiba inu and it can't be mined. I can't even believe with what he said above even if this already confirmed by baby doge's admin if that was not able to be mined caused by it was POS or fixed supply of token. I guess if op was joking about mining it. That's true.
I was surprised as well. I'm not really sure if OP is really engaged in mining but never mind it coz I see that OP just wanted to mine shitcoins because it gives him a huge amount of useless tokens. Because when hearing baby Doge, I was already thinking about Dogecoin and this another meme coin or shitcoin Baby Doge, I'd see no different from the mother coin (Dogecoin). I'm  not sure if OP have done with the research but I think, he's not doing this to make himself profitable but a way to trick people.
legendary
Activity: 2758
Merit: 1228
September 24, 2022, 07:58:23 AM
#29
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 can mine it using your hardware then try this one because who knows you can get a lot of profit if the devs seriously create big hype on that token. But if before you acquire it you need to spend another money from your pocket then its not worth to try since as you said the supply is enormous so provably you cannot get huge profit on it and might this is just another scam created by dev which ride the fame of doge coin.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
September 24, 2022, 06:36:35 AM
#28
I guess the mining software is a certain beauty named Unmineable, right? If it is, then you are good. By the way, Baby Doge had a certain pump earlier this year, hope you caught that particular pump. I don't usually hodl meme coins for obvious reasons. Maybe you can try it
My first time to heard this token can be mined lol. i guess if OP was joking about mining this token caused by the supply was actually fixed like shiba inu and it can't be mined. I can't even believe with what he said above even if this already confirmed by baby doge's admin if that was not able to be mined caused by it was POS or fixed supply of token. I guess if op was joking about mining it. That's true.
sr. member
Activity: 1008
Merit: 366
September 24, 2022, 05:51:53 AM
#27
meme coins are trash. They are kind of a scam. All those things you hear about these projects are all paid promotions.
They will spend some money to make the project grow and then they will do a scam called pyramid scam.
Pump the token, let people buy to pump it more. then sell all you have. that's how they do it.
so i don't think meme coins have any value
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
September 24, 2022, 04:30:25 AM
#26
I don't know if mining Baby Doge as meme coins is a good decision or if you should look for other coins because it depends on your hardware.
There may still be coins you can mine instead of Mining Baby Doge but if you really want to continue, you can do it anyway.
Apart from that, I also don't know if Baby Doge has a chance to increase in the future or if it will disappear from the market after the meme coin trend ends because that will depend on the market itself.
Maybe you can keep trying to mine it for a month while seeing the potential of the meme coin and if it's not profitable, you're better off looking for another coin.
sr. member
Activity: 938
Merit: 275
September 24, 2022, 03:08:55 AM
#25
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.
legendary
Activity: 3248
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 24, 2022, 02:52:08 AM
#24
You are asking if there's a chance it could be more valuable in the future. The answer is straight no. It's not even a dust coin, it's pure poop.
Don't look for projects that were named after the hype of Doge or maybe anything about dogs. You will just be wasting time, effort, and electricity.
The noise back then was gone and investors realized that it won't be an asset worth keeping.
I'd try to search for others but stay away from the hyped one, but if you are forced to do so and there's still value, be sure to sell quick.
sr. member
Activity: 2058
Merit: 281
Seabet.io | Crypto-Casino
September 24, 2022, 12:54:36 AM
#23
BabyDoge is a shitcoin imitating the original meme coin Dogecoin and they launched BabyDoge just to take advantage of the hype momentum from Dogecoin and note now that the BabyDoge coin meme is so pathetic to survive in the bear market that mining with it is not the right choice because the rewards you get are certainly not worth the expense that you have to spend to pay for the electricity consumed by your mining machine.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
September 23, 2022, 07:09:57 PM
#22
I don't think investing in meme coins right now is a good idea if coins like matic, eth, and bnb is already such a good investments nowadays considering meme coins right now seems kinda lacking in term of trend, it's nowhere near the meme coins like before where it could literally increase its value rather easily right now most meme coins are just stuck, no shill coming from elon which could means that the meme coin right now is pretty much dead.
sr. member
Activity: 1876
Merit: 318
September 23, 2022, 06:20:36 PM
#21
Another meme token with a doge name on it? Not worth it at all.
There’s a lot of meme token before with the same name and look at them now, they at the worst situation and many turned into a scam project. If you don’t want to lose money better to stag away from those kind of meme tokens.

From the selection of project names by taking advantage of Dogecoin's popularity, it can be seen that Baby Doge wants to get investors attention.
Even though naming the project as if it wants to be seen as having something to do with Dogecoin, when in reality it is not like that. This has shown
dishonesty and misled some people. So projects like Baby Doge won't last long. I'm sure it will end up being a scam in the end. My advice is to avoid
taking risks mining Baby Doge, rather than spending our time and money on a Baby Doge which is likely to end up only making us regret it. Why don't
we invest and mine potential projects, because there are many other projects that are better than Baby Doge. All meme coins have no clear use,
so forcing investment or mining meme coins in my opinion is not worth doing. Moreover, as you said, a lot of meme coins that use the name Doge end up
being a scam, so why do we do something high risk like that.
legendary
Activity: 3752
Merit: 1415
September 23, 2022, 06:14:15 PM
#20
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?

Mining coins versus buying coins is majorly different.  As far as .inning this coin just look at the profitability of it.  I guess it will be a little different if you want to hold it but for the most part miners sell off the coins they mine.  So if it's profitable and liquid yeah mine it, if not then don't.  It's pretty simple.
jr. member
Activity: 840
Merit: 4
September 23, 2022, 06:01:57 PM
#19
I guess the mining software is a certain beauty named Unmineable, right? If it is, then you are good. By the way, Baby Doge had a certain pump earlier this year, hope you caught that particular pump. I don't usually hodl meme coins for obvious reasons. Maybe you can try it
hero member
Activity: 2730
Merit: 632
September 23, 2022, 06:01:45 PM
#18
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 out
or 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.
hero member
Activity: 2716
Merit: 904
September 23, 2022, 05:59:31 PM
#17
Based on reviews about the said coin, the project isn't reliable and not worth our trust. It's just going with the hype of Dogecoin and taking advantage of it hoping that they can gain the same popularity that Doge has. Any coin being related to meme coins as for me isn't reliable and they're something that we should get rid of. We all know that not all meme coins especially the new ones could survive the current market situation that we have.
Meme coins will always be shitcoins in the end, and there have no changes from the start. Although there are some meme coins that made exceptional profits at the start, but obviously they fail to sustain it for long. The reason why investing or mining meme coins are not advisable as it could only result more into losses than yielding profits. If possible, always DYOR first before creating decisions. That way, you will never fall mining such meme coins with no bright future.
hero member
Activity: 2842
Merit: 772
September 23, 2022, 05:59:18 PM
#16
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?

It's really up to you mate, I think you already know what are the risk of getting meme coins.

1. as a meme coin, Baby Doge, might and might not go to the moon in the next bull run
2. could be used by some for pure pump and dump scheme.

So who knows, it might be worth a try or it will literally go to 0, it's your choice as it's difficult to give a financial advise here.
hero member
Activity: 3038
Merit: 647
September 23, 2022, 05:50:39 PM
#15
Then, have you even think what you can do this Baby Doge? Does it give you profit every day?
Don't say that it gives you profit because if that really happens, in that number, that was a huge amount of money. But guess what, it was just a number, I also receive millions of tokens for a certain project but never have the chance to sell them and make money from it. It is actually a waste of time mining shitcoins. You'd rather open your eyes and see the reality. I'm not accusing this project is a scam but my mind telling me to stay away from this project.
Do not let yourself a victim of another shitcoin that will only be hyped in the beginning and end up losing its value in the market. Just like dogecoin, a lot made profits in the start but eventually as the time goes, dogecoin loses its hype and so its value, and most likely those who made profits in the start are already experiencing losses by now. I suggest you avoid this project as much as possible and just learn to invest in other established altcoins instead.
sr. member
Activity: 1722
Merit: 269
September 23, 2022, 05:46:03 PM
#14
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?

Well if you don't have any other option to mine, then why should you not try to mine this coin? I am not sure though if Baby Doge is really a proof of Work coin because according to coinmarketcap it uses a proof of stake consensus mechanism. If a coin is mineable there should be a profitability calculator somewhere on the internet and there you can check if you make profit with that coin. If you already have the hardware and you make more profit from mining then the electricity will cost you, then i think you can do nothing wrong.
I don't think though, that BabyDoge has a future. It's a useless shit-coin after all.
I would probably just use Nicehash i think. That way you are always using the most profitable algorithm for your hardware.
hero member
Activity: 2884
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September 23, 2022, 05:30:30 PM
#13
Whether it's a meme coin or not, is it worth for the consumption of your electricity and with the profit that you're making? If you're about to pay electricity, do you think that you can hold on to that token until you sell it for profit?

Miners nowadays are still looking for a coin where they're profitable. It's hard to look at it for the moment but I think after a couple of months, there will be a few discoveries where your hash power could really make a decent per day.
legendary
Activity: 2884
Merit: 1258
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September 23, 2022, 04:31:35 PM
#12
Not a believer of meme coin here but if you think that it is worth mining baby doge then go for it.  As far as I know, this meme coin is over a year old and had its ATH way back in January of 2022, and now is just around 10x of its original price.  Considering that it is a bear market, I can see potential growth when the bull market comes.

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

At the current price, your daily income is $0.71, but I do not know what mining costs you incur at the same time. But anyway, this is a very small income, and if it is not critical for you, you need to hold the coins until the next pump, at which you need to sell them. And then switch your equipment to mining another coin.

It is indeed too minimal but I think OP is thinking of possible hype in the future.  I a shitcoin world, anything can be multiples 100x to 1000x when a certain whale group decided to choose that shitcoin to pump.  A token in $0.000000001124 price can easily kill several zeros when a hype come by.  I don't like meme coins but that is how the meme market behavior I observed in years of watching the altcoin market.
legendary
Activity: 2268
Merit: 1655
To the Moon
September 23, 2022, 03:45:33 PM
#11
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

At the current price, your daily income is $0.71, but I do not know what mining costs you incur at the same time. But anyway, this is a very small income, and if it is not critical for you, you need to hold the coins until the next pump, at which you need to sell them. And then switch your equipment to mining another coin.
sr. member
Activity: 686
Merit: 403
September 23, 2022, 11:43:55 AM
#10
If meme coins are the only option left for a miner which I don't think so then Shiba inu is the best answer, I am sure that this project will live through the bad times of crypto space.
sr. member
Activity: 1890
Merit: 268
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September 23, 2022, 11:39:50 AM
#9
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
hero member
Activity: 2912
Merit: 541
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September 23, 2022, 11:29:05 AM
#8
Can you mine Shiba Inu with your hardware? If you can, maybe mining Shiba Inu can give you profit. I do not know how good Baby Doge but I prefer to mine Shiba Inu Grin

Baby Doge is like the other meme tokens wanting to increase popularity in the meme tokens trends. And like the other meme tokens, that project wants to attract many investors to invest in their project.

Or you can try to mine RVN or ETC Grin

Some friends said they moved to mine ETC when they could not mine ETH.
hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
September 23, 2022, 10:36:34 AM
#7
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?

Why can't you mine other coins, a lot of people switched to mining ETC, RVN, ETHW... after the end of the merge. If you want to own babydoge token, you can spend some money to buy it for fun and wait for your luck. There is no point in mining shitcoins that have no usecase and can disappear at any moment. There will be a lot to lose to you if babydoge dies, with the unpredictable meme its death will never warn you to prepare. Meme is the riskiest coin on the market, it's not worth the investment let alone mine it.
copper member
Activity: 783
Merit: 710
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September 23, 2022, 10:16:23 AM
#6
I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day

That means $0.7 per day. I would assume the used electric power is more expensive.
It's ATH was 4X today's price and may never revisit it unless "someone" tweets about it.

Bought $100 of a meme shitcoin last year Chihua Token. Now the bag is worth $1 Cheesy and can't really say I'm surprised.

Will definitely be a learning experience but regarding profits I don't think so.

Would be better off to DCA some BTC but hey, you do you dude !  Wink
hero member
Activity: 2856
Merit: 783
Burpaaa
September 23, 2022, 10:15:12 AM
#5
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?

It’s better to invest your mining power on something that has determined value for a long time rather than on a mere meme coin that you don’t know if the price will still have value or worthless in the future. There are still some tokens that can be mine alternatively to ETH with good marketcap like RVN and ETC which is a great alternative for PoW mining. This token has been running for a long time that you can guarantee that your mining power consumption will always be paid properly by good profit.
full member
Activity: 2086
Merit: 193
September 23, 2022, 10:10:32 AM
#4
Meme tokens are not the good option right now, the market is down and many meme tokens won't survive this bear.
Yes you can mine that token but it doesn't mean you should mine it, better to look for a more profitable coins/tokens where you can maximize your resources and waste no time. Any name related to DOGE is just a useless meme token, I don't see any good reason for me to try it.
hero member
Activity: 2184
Merit: 585
You own the pen
September 23, 2022, 10:00:26 AM
#3
You can try it for yourself but you may as well consider reading their roadmaps and joining their social media group to see how really active they are and you decide if you will gonna continue what you're doing because if they aren't really that active, you only wasting your time here and maybe wasting some resources too because mining altcoins nowadays costs too much electricity. You really need to think twice because you may as well broke your computers because of the overheating and other causes.
sr. member
Activity: 2828
Merit: 344
win lambo...
September 23, 2022, 09:17:25 AM
#2
Then, have you even think what you can do this Baby Doge? Does it give you profit every day?
Don't say that it gives you profit because if that really happens, in that number, that was a huge amount of money. But guess what, it was just a number, I also receive millions of tokens for a certain project but never have the chance to sell them and make money from it. It is actually a waste of time mining shitcoins. You'd rather open your eyes and see the reality. I'm not accusing this project is a scam but my mind telling me to stay away from this project.
member
Activity: 208
Merit: 10
September 23, 2022, 09:09:15 AM
#1
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?
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