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Topic: Any Use Cases For Dogecoin? - page 4. (Read 388 times)

jr. member
Activity: 172
Merit: 1
May 01, 2019, 04:00:52 AM
#9
I don't think there's any tangible usecases for Dogecoin and I think the only thing that the coin is enjoying is because it is one of the oldest coins in the industry. Another issue that I have with Dogecoin is that its supply is not fixed and this is a big turnoff for any serious investors.
full member
Activity: 1050
Merit: 104
May 01, 2019, 03:37:54 AM
#8
Dogecoin is a good coin to keep aside from ETH and BTC, dogecoin is a strong coin and always has a future, I often see when the price of BTC and ETH rises he also goes up, meaning that he is good to keep exchange in the form of ETH and BTC.
sr. member
Activity: 2184
Merit: 470
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May 01, 2019, 03:01:47 AM
#7
~snip~
This is exactly the answer but an addition, Dogecoin for what I've experienced is one of the strong coin that exist until now, where you can use this? If you're going to take a look at the most exchange site Dogecoin is always there, If you play in most of the crypto gambling games Dogecoin is there and also there's a lot of services who accepts Dogecoin.

In bitcointalk you can use it as a mode of payment, you can also use dogecoin as a collateral the good thing about doge is that the price never reaches 0 and the project still exist today unlike other coins which trends for a mean time then disappear.
member
Activity: 258
Merit: 10
May 01, 2019, 02:34:41 AM
#6
Dogecoin is a coin with infinite supply. This makes it a bad choice for investment. That doesn't make though Dogecoin a bad coin and maybe somebody will find a way to "salvage" it.
Dogecoin use to have a great community. This means value if one can use it.
Dogecoin is a great learning coin, since is very similar to Bitcoin in many aspects.
Dogecoin was in the past my main choice at transferring coins between exchanges (I didn't trust and still don't trust stablecoins, especially USDT). And yes, it's traded at a great number of exchanges.
Dogecoin, although is a meme coin, is one of the few cryptos that can behave exactly like the money as we know it, exactly because its infinite supply.

The only conclusion I have made is that it is very complicated to invest in DOGE. It is a coin that should not be invested easily but sometimes can create great opportunities.
legendary
Activity: 3038
Merit: 1024
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May 01, 2019, 02:33:03 AM
#5
I was recently tipped a decent amount of Dogecoin on Tipestry for posting about a bunch of different cryptos. Should I convert the Dogecoin to BTC or ETH? Does Dogecoin have a future? I'm thinking about keeping it on Tipestry for a while and then transferring it out to my ledger (assuming I don't convert it to BTC/ETH)

Dogecoin is one of the older cryptocurrencies that still has a large following. It is based on the Shiba Inu meme from late 2013. My main concern with that coin is that one of its founders, Jackson Palmer, seems to talk smack about other cryptourrencies. He's just negative energy in the space.
It seems like you didn't understand about what he was talking about. he was asking about does the doge coin has a potential?

OP, the only use cases for doge to create a transaction that needs low fees and I don't see any other reason to hold it. You must stick your doge to another promising coin. 
sr. member
Activity: 756
Merit: 250
May 01, 2019, 01:33:27 AM
#4
In my opinion, you better hold a doge coin, because doge coins are one of the potential coins. And the fee is still very cheap. I still hold some doge, because I'm sure someday doge can be of high value.
sr. member
Activity: 854
Merit: 281
May 01, 2019, 01:33:12 AM
#3
I was recently tipped a decent amount of Dogecoin on Tipestry for posting about a bunch of different cryptos. Should I convert the Dogecoin to BTC or ETH? Does Dogecoin have a future? I'm thinking about keeping it on Tipestry for a while and then transferring it out to my ledger (assuming I don't convert it to BTC/ETH)

Dogecoin is one of the older cryptocurrencies that still has a large following. It is based on the Shiba Inu meme from late 2013. My main concern with that coin is that one of its founders, Jackson Palmer, seems to talk smack about other cryptourrencies. He's just negative energy in the space.
legendary
Activity: 3668
Merit: 6382
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May 01, 2019, 01:20:24 AM
#2
Dogecoin is a coin with infinite supply. This makes it a bad choice for investment. That doesn't make though Dogecoin a bad coin and maybe somebody will find a way to "salvage" it.
Dogecoin use to have a great community. This means value if one can use it.
Dogecoin is a great learning coin, since is very similar to Bitcoin in many aspects.
Dogecoin was in the past my main choice at transferring coins between exchanges (I didn't trust and still don't trust stablecoins, especially USDT). And yes, it's traded at a great number of exchanges.
Dogecoin, although is a meme coin, is one of the few cryptos that can behave exactly like the money as we know it, exactly because its infinite supply.
newbie
Activity: 27
Merit: 0
May 01, 2019, 01:09:31 AM
#1
I was recently tipped a decent amount of Dogecoin on Tipestry for posting about a bunch of different cryptos. Should I convert the Dogecoin to BTC or ETH? Does Dogecoin have a future? I'm thinking about keeping it on Tipestry for a while and then transferring it out to my ledger (assuming I don't convert it to BTC/ETH)
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