Can Dogecoin reach 1$ soon? - page 9.

mindrust

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Quote from: FatFork on May 14, 2021, 07:44:18 AM

And you know that Elon is buying, right? How so?
The only thing we know for sure is that Tesla purchased some bitcoins and (maybe) some other cryptocurrencies. There are no references to Dogecoin in their financial report.

He considers accepting doge for his cars it is only natural to think that he will buy doge. (or he already did)

Quote from: FatFork on May 14, 2021, 07:44:18 AM

This is pure speculation. The market isn't quite as predictable as you suggest. Alternatively, you can also argue that investors may short the DOGE once its ATH value approaches, as they fear a new cycle of low ROI for their asset.

LoL, tell me one thing that's not speculation in the world of crypto currencies.

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Quote from: mindrust on May 14, 2021, 06:12:57 AM

If Elon keeps buying why wouldn't it?

And you know that Elon is buying, right? How so?
The only thing we know for sure is that Tesla purchased some bitcoins and (maybe) some other cryptocurrencies. There are no references to Dogecoin in their financial report.

Quote from: mindrust on May 14, 2021, 06:12:57 AM

Once it nears its last ATH people are going to get out of their other crypto positions and pile up on doge.

This is pure speculation. The market isn't quite as predictable as you suggest. Alternatively, you can also argue that investors may short the DOGE once its ATH value approaches, as they fear a new cycle of low ROI for their asset.

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Quote from: ILuckyGuyI on May 14, 2021, 05:43:59 AM

It seems like Dogecoin price has started to recover. A $1 aim is not an unachievable thing for Dogecoin I think. The ATH is $0.73 which was seen one week ago. But I don't expect Dogecoin to reach too higher levels as its max supply is unlimited. It has no difference than fiat in terms of that.

Yes, but some people still expect the Dogecoin price to rise to $ 1 in the near future because at the moment Dogecoin is really in a very positive trend even though its maximum supply is not limited.

If Elon keeps buying why wouldn't it? I is already $0.53 right now and all it takes another x2 to be $1. How much doge has risen in the last 6 months? Over 10000%? What is another 100%? It is certainly doable. Once it nears its last ATH people are going to get out of their other crypto positions and pile up on doge.

ILuckyGuyI

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It seems like Dogecoin price has started to recover. A $1 aim is not an unachievable thing for Dogecoin I think. The ATH is $0.73 which was seen one week ago. But I don't expect Dogecoin to reach too higher levels as its max supply is unlimited. It has no difference than fiat in terms of that.

AbNewton

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Quote from: bakasabo on May 13, 2021, 03:05:08 AM

Quote from: virtualdn on May 12, 2021, 03:20:21 AM

People are finally starting to wake up and see the sneaky manipulation behind all this. This won't go on too long especially as the alt coin season will soon end and BTC will start reaching new heights. Not all people are sheep and so easy to manipulate as Mr. Elon thinks. After all why should I make a billionaire even richer than he already is? Dogecoin will never be anything else than a pump and dump coin.

Cant wait to see people face when they realizes how much Elon Musk manipulated them and the market. Not only he manipulates dogecoin, but now pull his hands to Bitcoin. Have you seen his yesterdays tweet about Bitcoin and Tesla? Like he pumped Bitcoin price for several thousands, with a finger snap he dropped it back... This manipulator could bring down whole market if he moves back $1.5kk from Bitcoin. Fun part is, the reason to suspend Tesla car Bitcoin purchase was "increase use of fossil oils" for mining. If he is so smart, why dont he thought about fossil oils when he invested into Bitcoin.

I already saw from miles away with his trick. Sure Dogecoin is a meme so I can understand how its price got a nice pump but nowhere near that instant price pump to help it came to the top 5 of CMC a week ago. There is clearly manipulates from Elon Musk to able push it that far.

Yudhisthir

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Many of the Dogecoin fans have made $1 the ideal price for Dogecoin and they'll surely try their best and keep trying to reach that milestone. And with current crypto market which is resisting bitcoin at 50 and alts going higher, Dogecoin reaching $1 sooner would be no surprise. Dogecoin itself has some resistance around 0.4 and it's rising at the moment.

Oppo57

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Elon Musk The price of this doge coin has gone up due to tweeting about and investing in doge coins. The way the price of doge coins is pumping is nothing compared to reaching 1$. Only by tweeting Elon Musk has its price skyrocketed. By the way best wishes for doge coin

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Elon Musk wrote something about doge on his twitter, and said whether he would accept the doge as an exchange tool for Tesla or not. I'm pretty sure that when Elon Musk does just that, the boost in Doge's price to $ 1 will be achieved. however, for now, there doesn't appear to be any sign or impetus for the doge to reach that price.

bakasabo

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Quote from: virtualdn on May 12, 2021, 03:20:21 AM

People are finally starting to wake up and see the sneaky manipulation behind all this. This won't go on too long especially as the alt coin season will soon end and BTC will start reaching new heights. Not all people are sheep and so easy to manipulate as Mr. Elon thinks. After all why should I make a billionaire even richer than he already is? Dogecoin will never be anything else than a pump and dump coin.

Cant wait to see people face when they realizes how much Elon Musk manipulated them and the market. Not only he manipulates dogecoin, but now pull his hands to Bitcoin. Have you seen his yesterdays tweet about Bitcoin and Tesla? Like he pumped Bitcoin price for several thousands, with a finger snap he dropped it back... This manipulator could bring down whole market if he moves back $1.5kk from Bitcoin. Fun part is, the reason to suspend Tesla car Bitcoin purchase was "increase use of fossil oils" for mining. If he is so smart, why dont he thought about fossil oils when he invested into Bitcoin.

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Quote from: MoneyJ on May 12, 2021, 10:29:55 PM

DogeCoin is just a tool for hedging or leveraging for higher stakes in a matter of seconds but other than that its just another SHA-256 POW coin for beginners. I dont see anything greatly significant about it.

Thats because there isnt anything behind it! its a joke meme coin which hasnt
been developed in years.

It looks like the early investors are moving on the the next chance coin and there will
be bag holders unfortunately.

I see a Dog Fight happening soon DOGE v SHIBA INU

Noruka

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Quote from: MoneyJ on May 12, 2021, 10:29:55 PM

DogeCoin is just a tool for hedging or leveraging for higher stakes in a matter of seconds but other than that its just another SHA-256 POW coin for beginners. I dont see anything greatly significant about it.

I am sure you are not talking about DOGE as a hedge! Cheesy

DOGE is a gamble but not a hedge. If it was a hedge, then for what? Maybe it is a hedge for Musk, yes, but for nobody else. Wink

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DogeCoin is just a tool for hedging or leveraging for higher stakes in a matter of seconds but other than that its just another SHA-256 POW coin for beginners. I dont see anything greatly significant about it.

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Quote from: Jaered on May 12, 2021, 03:03:28 PM

Dogecoin may be a shitcoin, but it has seriously good adoption with a burgeoning community and great future. So lets just see how it goes

DOGE falls like a brick. I think the pump is over.

scottsanderman12

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Doge coin with potential, it is definitely worth having in its portfolio, but do not buy when it already flies into space and do not open positions using credit shoulder as I did)

Jaered

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Dogecoin may be a shitcoin, but it has seriously good adoption with a burgeoning community and great future. So lets just see how it goes

decodx

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Quote from: warg2017 on May 12, 2021, 03:35:23 AM

Elon Musk has tweeted a tweet about consumer whether accepted Dogecoin as payment option, and close to 80% people choose to accept. So my opinion is , if Tesla accepts Dogecoin to buy Tesla car, then i think $1 can be expected soon.

Yes, and don't forget that this is a new strategy created by Elon Musk because at some time before, Elon Musk made a statement that he received Bitcoin for the purchase of a Tesla car and now that he has received Dogecoin for the purchase of the car, this means that he is increasingly supportive of Dogecoin.

In fact, it means he likes selling his cars above all else. I bet if I presented him with a gold brick and offered it for a Tesla car, he would tweet that from now on you can pay for Teslas even with gold bricks. Cheesy

probably right, more on the money side and he will entertain whatever offer he may get as long as there's value and he will
gain good amount of compensations,

It's indeed very possible that those who choose to accept Doge are the same people around him, supporters who are willing
to embrace and likc his ass to whatever extend he wanted it.

Exactly. For all those who believe that Musk really supports and believes in Dogecoin, answer me only one question: Why has Tesla, Inc. included Bitcoin in its financial assets, but not Dogecoin?

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I think that if it is very possible because seeing everything that is happening based on the movements in favor of Doge, this year it could reach 1USD, since many think that only Doge has good movements due to Elon Musk, I think that for On other sides the fame of the currency is taking place, in this case in the article Doge has another vision, Portuguese real estate can be paid with Doge:

Quote

The partnership will, as a result, allow crypto holders to buy luxury homes in Lisbon with their digital assets, including BTC, ETH, and DOGE. Purchases can be executed via FNTX’s ‘Real Estate Exchange’ platform. In it, cryptocurrency prices are updated in real-time for each listed property.

Source: https://www.cryptoglobe.com/latest/2021/05/dogecoin-doge-can-now-be-used-to-pay-for-portuguese-real-estate/%3Cfont%20style=%22vertical-align:%20inherit;%22%3E%3Cfont%20style=%22vertical-align:%20inherit;%22%3E/%20%C3%BAltimo%20/%202021/05%20/%20dogecoin-doge-ahora-se-puede-utilizar-para-pagar-por-inmuebles-portugueses%20/%3C/font%3E%3C/font%3E

If some coins are getting their growth and exposure, Doge is not lagging behind. With this type of activity I think that the demand will increase, so the fact that it reaches 1USD is not seen that far.

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Quote from: decodx on May 12, 2021, 07:14:15 AM

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Quote from: warg2017 on May 12, 2021, 03:35:23 AM

Elon Musk has tweeted a tweet about consumer whether accepted Dogecoin as payment option, and close to 80% people choose to accept. So my opinion is , if Tesla accepts Dogecoin to buy Tesla car, then i think $1 can be expected soon.

Yes, and don't forget that this is a new strategy created by Elon Musk because at some time before, Elon Musk made a statement that he received Bitcoin for the purchase of a Tesla car and now that he has received Dogecoin for the purchase of the car, this means that he is increasingly supportive of Dogecoin.

In fact, it means he likes selling his cars above all else. I bet if I presented him with a gold brick and offered it for a Tesla car, he would tweet that from now on you can pay for Teslas even with gold bricks. Cheesy

This is what came to my mind. A lot of people now believe Musk is first and foremost a crypto fan, but what he really does is he makes himself a name among the youngest and digital generation. People think he is a cool dude but in fact he plays with emotions in such a smart way that he will turn a lot of the fans into actual Tesla buyers. It doesn't matter what he does, what's important is that he is omnipresent on all channels.

decodx

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Quote from: warg2017 on May 12, 2021, 03:35:23 AM

Elon Musk has tweeted a tweet about consumer whether accepted Dogecoin as payment option, and close to 80% people choose to accept. So my opinion is , if Tesla accepts Dogecoin to buy Tesla car, then i think $1 can be expected soon.

Yes, and don't forget that this is a new strategy created by Elon Musk because at some time before, Elon Musk made a statement that he received Bitcoin for the purchase of a Tesla car and now that he has received Dogecoin for the purchase of the car, this means that he is increasingly supportive of Dogecoin.

In fact, it means he likes selling his cars above all else. I bet if I presented him with a gold brick and offered it for a Tesla car, he would tweet that from now on you can pay for Teslas even with gold bricks. Cheesy

warg2017

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Elon Musk has tweeted a tweet about consumer whether accepted Dogecoin as payment option, and close to 80% people choose to accept. So my opinion is , if Tesla accepts Dogecoin to buy Tesla car, then i think $1 can be expected soon.

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