doge is dieing
Really? I think not. Doge is just a puppy. It will live long life. You kidz are panicing on every little dump. Chill out and relax a little
.
It's been just 3 weeks god's sake. Give it some time. People are so restless.
Thing is it will rise in long term, if you want it to rise faster, you have to promote it.
Its a coin based on a retarded meme...
Not that any other coins are based on anything better but retarded jokes tend to fade out faster.
A coin's value is based on the "game of zero" princeple. When a coin market has a fixed number of coins, its value increses and decreases with the amount of BTC diposited/withdrawn from the coin. The more BTC people deposit into doge the more its value is.
When a coin market contines "printing new money"(mining new coins), the amount of BTC invested has to continuesly grow in order to keep its current value.
My question is...what makes you think that in a few weeks/months people will start investing MAJORRRR btc in this coin?
*for the record I do have about 1m doge that im holding on to.
- DOGE has seen $8 million (or 11,000
BTC) of market volume in last 24 hours.
- DOGE was mentioned by Reserve Bank of India along with BTC and LTC in their recent press release.
- No other coin in the history of cryptos has reached 4 major exchanges within 2 weeks of it's launch.
- All memes that come onto the internet mostly are born in reddit, 4chan, etc. So, this forum is not a good place to track DOGE's progress.
The sub-reddit of doge (/r/dogecoin) has crossed the total member count of Litecoin's sub-reddit only behing Bitcoin's. Today, it was selected as the fastest growing sub-reddit and awarded "Sub-reddit of the day"
- A Starbucks cafe based in South California, USA just started accepting DOGE.
- As of today, 50% newbies are coming to crypto because of DOGE (confirmed)
- DOGE is has climbed to 35% of network hashrate of Litecoin.
If this doesn't convince you, nothing can
I agree Doge made a hell of an enrty,
But almost nothing you said (apart from India) answers the question what will happen once the hype of the meme fades away.
Market volume is great but it means nothing if at the end of the day more people sell than buy