Topic: Any future for Dogecoin? (Read 4884 times)

I think there is basically no future for dogecoin.
It was meant to be memecoin, it will be always.

I still like digecoin because there is no over to just keep them.
So that is what I plan to do is hold them.
If they are worthless in the future, no skin off my nose since I didn't put very much effort into getting them.

If you want to make a profit quickly then you should look for altcoin that has a fast moving, Do not use Dogecoin because its movement is very slow.

In this thread we are discussing the future of Dogecoin instead of bitcoin.

Dogecoin is Coins that train patiently if used for trading, A very slow movement and a small price if you want to profit ya have to wait until the price up

i always buy bitcoin low, and sell it with profit. nice coin for trade:)

Right now the price move with doge seems to be Profiting based on the long term you hold it. Importantly already doge has got good circulation due to the usage in several forms and mostly in gambling needs.

Future for Dogecoin? None. Buy low, sell high, dont look back. Or else you'll be stuck with heavy bags of Doges.

Being a meme coin is secondary. Of course immensely valuable in terms of being an actual social coin of the internet age. And increasingly FUD-resistant, thankfully.

But more importantly, DOGE has in fact an actual use case that is alive and well working, albeit under most new people's radar. Fast transactions and low fees has effectively turned dogecoin into the coin of preference for liquidity and hedging. Which means that in times when BTC loses against USD, Dogecoin tends to increase its BTC-satoshi value, hence keeping dogecoin on par with USD. It has been a considerable time now since dogecoin turned its back on being strictly valued against BTC.

An example: last night BTC made a temporary USD-nosedive, effectively making the troll box of poloniex go wild about the imminent crash of altcoins, doge included of course. But what actually happened was that BTC started to gather around the safe haven, that's dogecoin, in order to heighten the probability of protecting the investors' worth of USD. Naturally there are exceptions to the norm. Trolls sometimes succeed in making investors fall for Fear, Uncertainty and Doubt (That's what FUD means, for any newcomers to know), triggering a temporary sell-off.

The hedging tradition most notably seen on poloniex has it's benefits and drawbacks, depending on how you look at it.

If you are looking for dramatic booms and busts, pump and dumps; sure, dogecoin has had it's share, but oftentimes the hedging at poloniex nowadays tends to ease-up and smoothen the wildest swings... Even making dogecoin look like a boring investment to new-comers. But as history (recent and brittle, I know) has indicated, when the asian dogecoin markets can't wait to spike, there is usually a slowly moving build-up during countless hours where dogecoin patiently waits for investors to make up their minds to buy or sell before the train leaves for the next level.

So whatever you do. Trust only yourself. Read up and make your own educated guess. Only invest what you can afford. And do come over and visit us at https://www.reddit.com/r/dogecoin/. We're in it for the fun, sometimes failing forward on third party stuff not under dogecoin control. But at the end of the day the technology works perfectly to provide the cryptocurrency eco-system with a cheap and fast transactional backbone.

/Me

P.s Devs never left. Community never left. Just took a break while waiting for the market to mature. And now we're growing at a flippening speed. D.S

If DOGE reaches 1000 sats.. Wulong will be suicidal

Yep, you are right. DOGE is up 16% in BTC and almost same in USD in the last 24h. It's now at almost two times higher than when you sold yours. But you shouldn't blame yourself because: 1. this was unpredictable and 2. you've made a profit still.

As I look into it dogecoin is keep on rising its price. I hope it will higher for the current price,  we will never know what will happen next. But Im still holding and observed dogecoin before I sell.

I sold all my dogecoins for a profit at about 80 satoshi but I guess I should have held on to them a little longer.

Nah. It has no real discernible features aside from being a meme. It's just rising since every other crypto's rising.

i think we all don`t know what future holds for dogecoin however if dev start working on this coin it has bright future , but why ?
1-Almost everybody knows this coin, despite for other coins many devs and project spends hundreds of thousand dollars just to reach out investors / miners
2-Its transaction fees very very cheap.
3-It is much more quicker than bitcoin.
4-Gambling sites like this coin that means gambler like this coin.
5-Because it is cheap everybody wants to have some in their portfolio

 

I am an adult so i do not trade the following coins..

Doge Coin
Fisher Price Coin
Transformers Coin
Pampers Coin
Pepe Coin
Teletubbies Coin
Daddy's Keys Coin

Quick question elite experts on currencies.. does your bank accept Monopoly money ?

The future looks bleak for dogecoins but for gambling purposes I keep my because Bitcoin confirmation times are unbearable and I just use that in place of bitcoins whenever I want to gamble.

Doge has now reached 146 Satoshi / Dogecoin. Also, for some reason Dogechain appears down, can't access my wallet.

I think there's no future for DOGE as a currency, but it's good for speculation since it has large volumes on exchanges

At least LTC is taken seriously and being worked on code wise.
And it has a so called "Community" that never bailed on it like the doge tard's did.