Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 193. (Read 3099462 times)

yeah. I will have also doubts though if the next peak doesn't happen as expected, hope to see the better value in upcoming months, 1 cent at least

That's exactly what I've seen watching the DOGE/BTC curve. Pump/dump cycles sometimes last for weeks, and sometimes it jumps like 20-30 sats in several hours

must be a bot posting, the site is a scam, redirects to koinbi.com, this exchange is not functional, avoid at all costs!

Scam alert......

Many reported this site a scam and you're here with your first post saying it's not. Yeah right. POS.

Tried a test deposit of 10,000 DOGE to check it out. Deposit was very fast, Bitcoin withdrawal a little slow but all worked perfectly would only suggest making withdrawal a little faster. Would still use with caution though.

EDIT: Have not received free Bitcoin yet but will update after 24 hours.

It seems that DOGE is ready to dive hard again,probably to the middle of 40-ties.

More than true. Most people really can´t hold a coin for more than a month and bother about just a few %

+1000 Congrats

Completely agree - the unlimited supply will mean that DOGE will last for longer than most - see IXC which burnt its supply 4-5 years ago, its struggling to keep afloat

That's true to some degree but you shouldn't forget that not only the overall market cap grew, but also the number of projects on which the money invested is being spread out. I know we have a lot of new people every day coming into crypto, but we also have a huge number of new projects that ask for money.

well even short term traders can get their cut, since the cycles can vary

Not exactly for short term traders due to long pump/dump cycles.More for mid-term if they buy them at lower range prices.

In the last few years I observe a tendency that the market of the total cost grows equally with all. All coins with a growth of the general capitalization grow. I think with the following growth it will be possible to see most too as was before. The question only to what price will be the following growth of dogs.

That's nonsense my friend, huge nonsense. DOGE probably even outperformed Bitcoin relatively I think. Not sure where you bought in but DOGE was super cheap at one point, one figure million market cap, even close to one million. Imagine you bought during those times

But that fact makes it good for short term traders, isn't it?

DOGE annual inflation of 5% would not be such problem if it was not mined far too quickly.It was good for quick buck speculators but it devastated coin on longterm.

DOGE has some advantages in regard of number of processed transactions per hour,cheap transactions and if mining process was setup to last as it was for BTC,DOGE destiny would be far different.At least it would be in position which DGB has now,which took all the best from DOGE and eliminated the worst.

DOGE price in BTCs is bouncing in same range for years,unlike some others big coins.When you look at possesion structure you can see how DOGE was far more centralized than others so call big coins.It means that handful of people was able to grab majority of coins at very cheap price due to massive and very quick mining process and effectively took full control of coin,which gave them power to complete control price and pump/dump at will.

Even if some other players with a lot of money would like to overtake DOGE,they cant,because they can buy only about  5% of total supply on exchanges,far from enough to change DOGE fate.So,Iam very sceptical about DOGE future,unless today majority owner/s make deal with some other big players with greater plans to coin than just pump&dump and sell them coins off exchange.But it is highly unlikely.

 

Cause some of us came into crypto with fiat market principles, where they just don't always apply here in this realm. So until someone teaches, or we experience it on our own, grasping the concepts (unexplainable or otherwise) of things that happen takes a few trials and errors... practice makes perfect. As we've all seen, coins like tron, pascal in the past with pumps all high and mighty and why nobody knows, just because they can.  Inflation or no inflation, if some whale with 20,000 btc or more wants to he can pump doge or any coin to their liking, and rest are suckers for buying too high, and rides off to another coin with a clean cut of his his profits, to start the cycle all over again.  

Why do people worry so much about the supply?

It will take 20 years for the amount of coins to be doubled.

In this universe where nobody knows if its value can reach 10 cents or 1 dollar, how important is it that within 20 years dogecoin lose half of its value?

In other words, why should we worry about devaluation of 4% or 3% if we expect anual revaluations of 200 or 500%?

Probably an answer you already know why we can buy more with the same amount of coin from 2,3 even 5 years ago.... simply cause of the market dynamics of crypto, buy pressure eats up the orders of the sell side of the books, thus pushing the price higher, and if no one is pushing the price back down with orders to cancel out the pressure or reverse it, it will continue to rise as/if demand increases. For one thing, the technology behind the coin is bitcoin's primary reason for its value, then gradual mass adoption (more users (consumers/business and the like) = more buyers = buy pressure). As a trader myself, for some years, I don't try to resist a price rise, this is more something whales do, and more in depth / complex topic out of my area of knowledge.