Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 191. (Read 3099993 times)

The highest BTC price doge every hit at it's peak was around 230sat. So IF it were to hit that again for some unlikely reason, AND bitcoin reached around $435k... Then sure.. You get your $1.

Hello everybody. Do not insult people. Sooner or later DogeCoin will cost $ 1. If you do not believe this is your problem. Good luck to all.
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lol , seem they are some people too fools to think that this will reach ¨1$ lol..

Good vision! But should be careful and waiting for the opportunities come to us. No need to take risks right now. A green market may be come in couple of the next months.

but it will never be more than p&d, not worth of holding longterm

Dogecoin is a cryptocurrency featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$160 million.

So the fact that Doge has historically been in the 20-30 or so range for years, and that in the last few months it pumped alongside bitcoin makes you think it should be 50. Interesting. Well I guess we'll all see.

I'm looking over a longer range - IMO 50 sats is a good price for DOGE given the total supply

What data are you looking at that makes you believe it's strong? What I see is bitcoin going upwards the last few days while doge is dropping. I certainly don't see that as "strong".

I'd certainly be happy to see 20 sat again - but buying all the way down - I only buy extra when the price drops below 32 sat - but IMO that's pretty unlikely over the next couple of months - DOGE seems pretty strong right now

The lower the price hits the higher and stronger the bounce back is seen in future, this is how these markets works including Bitcoin. There is no exception and no priority when whales come to drive any market. No one can give guarantee where the price will be better make mind and once buy then don't look at price in short term if things looks different than expectations. These markets rise and decline in cycles.

Shhhhhh... Dreamers etc don't like reality. Not like they'll listen anyway. In all the time I've been here they never have. Instead they slink away when it turns out they were wrong.

- The dev team is working again, with a new client update available - True, it is a positive movement.Hope they will release beta version soon.

- The Ethereum-Doge bridge has made significant progress - Well,it is much more ETH than DOGE project.They use DOGE just as a suitable vehicle during experimentation phase and the project goal is to make easy swap between ETH and other coins.

- Large growth in the community since last year - There are no any relevant data about it.It is hard to believe due to loss of chinese traders

- The amount of Doge for sale on the major exchanges (Poloniex + Bittrex) has decreased by 2/3 from 8 billion to under 3 billion since last summer - Unfortunately it is not result of increase investing,but due to loss of chinese market which consisted 2/3 of DOGE market.After chinese government ban in September there were massive sell of DOGE,plus DOGE lost biggest exchange BTC38 and few other smaller chinese exchanges too.As you look at this year pump ,volumes are about 2/3 less than in previous in May.Positive is that korean exchange Upbit becomes more and more relevant market for DOGE,but it will need a significant time to compensate loss of chinese market.If DOGE lists on Binance and/or some japanese exchange it will be great.

- Spring is a season when crypto rises - Will see,but it is true that in late spring May-June markets become more interesting.

The 20 sat dreamers should probably consider that many things are different in this cycle:

- The dev team is working again, with a new client update available (https://www.reddit.com/r/dogecoin/comments/7yhdtr/official_114_alpha_2/)
- The Ethereum-Doge bridge has made significant progress (https://www.reddit.com/r/ethereum/comments/7q187v/does_this_mean_the_dogeethbridge_is_finally/)
- Large growth in the community since last year
- The amount of Doge for sale on the major exchanges (Poloniex + Bittrex) has decreased by 2/3 from 8 billion to under 3 billion since last summer
- Spring is a season when crypto rises

Name:    Dogecoin
Posts:    136
Activity:    136
Merit:    102
Position:    Full Member
Date Registered:    December 06, 2013, 09:05:32 AM
Last Active:    November 11, 2015, 09:11:47 AM

Mean coin still like without support?
Thanks

Mining is required in order to keep the network secure. Doge wasn't doing so well in that aspect which is why they introduced merge mining with LTC. So people can use their equipment to merge mine both which makes it profitable. Without a secure network, the coin would die and no one would be able to trade it at all.

Not dreaming my dear friend, look at the price today
Dogecoin's chart on coinmarketcap.com (https://coinmarketcap.com/currencies/dogecoin/)
Why does ppl still keep thoughts that mining still be profitable while it seems trading is more easier than? Even participating in the gambling matches would be easier too.

You "mine" the coin in the same way you would mine litecoin, bitcoin etc. I think LTC and DOGE can be merge mined. The cost is how much you spend on your mining equipment etc and electricity costs. Returns all depend on the price at the time.

Ok so how does that work and what is the cost and returns?

Doge is POW, not POS. So no.