Doge can it go 1$ - page 5. | Bitcointalksearch.org

rhomelmabini

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Quote from: fmz89 on January 12, 2023, 08:23:47 AM

Quote from: Fullbear2222 on November 16, 2022, 11:32:32 AM

Doge can go 1$ many people waiting that.

I dont think can even reach that level, last time might the highest level for dong when elon hype pumped on Wall Street bet meme season, and after that many meme stock crumble to the ground, people learn, those wont repeat to that level again, lot of bag holder waiting for that moment 1$ doge

It's not impossible, I think that the possibility is too rare for it to happen but it just need a little push and we know who can do that. It's too huge to ignore now, even Vitalik is an advisor for them as well as Elon Musk. We may never know but there's really a probability that it may hit that target in the future. Who knows anyway?

wheelz1200

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Quote from: len01 on January 14, 2023, 02:50:54 PM

Quote from: fmz89 on January 12, 2023, 08:23:47 AM

Quote from: Fullbear2222 on November 16, 2022, 11:32:32 AM

Doge can go 1$ many people waiting that.

I dont think can even reach that level, last time might the highest level for dong when elon hype pumped on Wall Street bet meme season, and after that many meme stock crumble to the ground, people learn, those wont repeat to that level again, lot of bag holder waiting for that moment 1$ doge

because it probably will never happen and several times Elon musk tried to tweet about Doge and in the end there was no change in the price. well, maybe those who wait and hope for Doge to reach $ 1 are Doge fans who have been saving and believing in the next bullish price increase.
We really don't know anything that will happen in the future when the bulls arrive, but Doge was able to go up last year because of the hype and in the coming year there will definitely be new hype that everyone will forget about Doge

The problem with doge is the block rewards, they never go down. It continually pays out 10k doge every minute on average. Supply just continues to grow and I'm not sure if they will have the same demand as they had last bull run. Everyone is bag holding right now.

len01

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Quote from: fmz89 on January 12, 2023, 08:23:47 AM

Quote from: Fullbear2222 on November 16, 2022, 11:32:32 AM

Doge can go 1$ many people waiting that.

I dont think can even reach that level, last time might the highest level for dong when elon hype pumped on Wall Street bet meme season, and after that many meme stock crumble to the ground, people learn, those wont repeat to that level again, lot of bag holder waiting for that moment 1$ doge

because it probably will never happen and several times Elon musk tried to tweet about Doge and in the end there was no change in the price. well, maybe those who wait and hope for Doge to reach $ 1 are Doge fans who have been saving and believing in the next bullish price increase.
We really don't know anything that will happen in the future when the bulls arrive, but Doge was able to go up last year because of the hype and in the coming year there will definitely be new hype that everyone will forget about Doge

fmz89

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Quote from: Fullbear2222 on November 16, 2022, 11:32:32 AM

Doge can go 1$ many people waiting that.

I dont think can even reach that level, last time might the highest level for dong when elon hype pumped on Wall Street bet meme season, and after that many meme stock crumble to the ground, people learn, those wont repeat to that level again, lot of bag holder waiting for that moment 1$ doge

Abiky

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Quote from: FanEagle on January 09, 2023, 04:49:02 PM

I am not going to end up investing into something just because there is a small chance that it happens. I am not saying that it's the worst thing ever or something like that, but I am saying that it's going to end up with a good chance of never reaching its ATH ever again, that's a likely thing. All in all it's going to end up with a low price and that's a very terrible thing, which is why I have to handle all the problems before you invest.

Just don't, realize what a big mistake it would be and don't, it would help you get better in the long run. This is why we have to just look for what we invest into, and if it's shaky and dangerous like doge, stay away from it.

DOGE is a purely-speculative cryptocurrency that lacks real use cases for the real world. The original developers even said Dogecoin wasn't mean to be used seriously in the first place. It was just created as a joke. The ever-increasing supply of the cryptocurrency, tells us market prices should decline over time. Unless developers make DOGE a deflationary cryptocurrency, don't expect it to retain its market price for long.

As I've said before, it'd be a miracle if DOGE hits $1 and stays within the range for quite some time. You should try cashing out your Dogecoins as quickly as possible once you see that happen. Otherwise, you could end up being "rekt" in an instant. Who knows if DOGE goes back to being worth less than $0.01 soon? Just my opinion

bitterguy28

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Quote from: wiss19 on January 07, 2023, 04:42:22 PM

The hope people have... It's not ok to ask yourself what this unpredictable shitcoin will do, you should stay away from it and not focus on it at all. I know many people still hold it, and I know why. You guys think "it is so low already and I lost so much money, I should at least hold it until it recovers".

If this was bitcoin we are talking about then you would be right, but this is doge and all others are low as well at this moment which means that if you could sell your doge and buy bitcoin and ethereum then you would make a good profit here as well. That will also prevent you from losing further amount of money when others recover and doge doesn't recover that much.

It is easy to say but considering that there are so many people trust this coin ? and also having this in mind we will not settle to something we don't truly trust and it is one that I am not investing or never invested in Doge.
there are many hopes for this to increase dollar but yet? how many times that it fails to happen??

FanEagle

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Quote from: Abiky on January 09, 2023, 06:46:16 AM

I don't forsee Dogecoin experiencing another hype cycle until the dust settles for good. There's a lot of negativism surrounding the crypto/Blockchain space after what happened with FTX and the Terra/LUNA project. Elon Musk won't be able to save DOGE this time as investors are quite vary of his tactics. Don't expect to get rich holding the "meme" coin especially when it has inflation "baked" into the protocol. There are a lot of better alternatives that are driven by constant development and innovation.

As I've said before, it would be a miracle if Dogecoin holds the $1 valuation for long. You'd consider yourself lucky if you had some coins in your wallet by the time this happens. Who knows what the future holds for the cryptocurrency Just my opinion

I am not going to end up investing into something just because there is a small chance that it happens. I am not saying that it's the worst thing ever or something like that, but I am saying that it's going to end up with a good chance of never reaching its ATH ever again, that's a likely thing. All in all it's going to end up with a low price and that's a very terrible thing, which is why I have to handle all the problems before you invest.

Just don't, realize what a big mistake it would be and don't, it would help you get better in the long run. This is why we have to just look for what we invest into, and if it's shaky and dangerous like doge, stay away from it.

Abiky

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Quote from: jostorres on January 05, 2023, 03:06:34 PM

If questions like this are being asked back in the times where doge is still at its peak then yeah it might be valid but nowadays? Hmm, I don't really think so. We know how doge got badly beaten up and it seems there were no signs of it recovering at least half of what it lost. You shouldn't be surprised if doge got a large market cap. That is because this coin has a lot of fans because it was the first meme coin in crypto and then later on top personalities like Elon musk starts to ride the trend.

It's likely that their followers are going to get influenced as well. Doge coin isn't sustainable but even other cryptos as well due to their volatile nature but there's just better coins out there than doge if we are serious about investing.

I don't forsee Dogecoin experiencing another hype cycle until the dust settles for good. There's a lot of negativism surrounding the crypto/Blockchain space after what happened with FTX and the Terra/LUNA project. Elon Musk won't be able to save DOGE this time as investors are quite vary of his tactics. Don't expect to get rich holding the "meme" coin especially when it has inflation "baked" into the protocol. There are a lot of better alternatives that are driven by constant development and innovation.

As I've said before, it would be a miracle if Dogecoin holds the $1 valuation for long. You'd consider yourself lucky if you had some coins in your wallet by the time this happens. Who knows what the future holds for the cryptocurrency Just my opinion

kapalmabur

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the current price of Doge can be considered expensive, especially with such a large total supply with a large market cap,
Doge has succeeded in becoming a successful investment with thousands of percent increases in 2020-2021, of course, if you expect a $1,
in my opinion the price of Bitcoin must also be are in new ATH,
and also don't have high hopes because in the world of crypto currency what you have got can be gone in an instant.

wiss19

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The hope people have... It's not ok to ask yourself what this unpredictable shitcoin will do, you should stay away from it and not focus on it at all. I know many people still hold it, and I know why. You guys think "it is so low already and I lost so much money, I should at least hold it until it recovers".

If this was bitcoin we are talking about then you would be right, but this is doge and all others are low as well at this moment which means that if you could sell your doge and buy bitcoin and ethereum then you would make a good profit here as well. That will also prevent you from losing further amount of money when others recover and doge doesn't recover that much.

jostorres

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Quote from: JeffBrad12 on January 04, 2023, 06:12:51 PM

sometimes thinking that doge reaching $1, it's certainly possible but the thing is, why coin with no utility and is just a meme coin like doge should have such tremendous market capitalization it's just too much for doge coin if it ever reaches that value, many said that it might reach that mark but for temporary and I think I agreed, doge coin isn't sustaining coins that could have demands from its features, it's just meme coin purely driven by trends and no real utilities.

If questions like this are being asked back in the times where doge is still at its peak then yeah it might be valid but nowadays? Hmm, I don't really think so. We know how doge got badly beaten up and it seems there were no signs of it recovering at least half of what it lost. You shouldn't be surprised if doge got a large market cap. That is because this coin has a lot of fans because it was the first meme coin in crypto and then later on top personalities like Elon musk starts to ride the trend.

It's likely that their followers are going to get influenced as well. Doge coin isn't sustainable but even other cryptos as well due to their volatile nature but there's just better coins out there than doge if we are serious about investing.

saxydev

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So many spam posts, Elon supports Doge because it's a joke and that's all. Even if the cap of Doge was 0.7$, it doesn't mean it can support the full market cap. Same as tesla, a company that was over valued 10 times, 20 times, and everyone was so much hyped about a company that the only thing that it does is electric cars. Toyota is doing electric cars/hybrid since 2000's and some are still on the road these days, how many tesla have you seen after 10-15 years? Tesla is offered to people to which the car has a psihological value, which drops right after a couple years, after buying it and needs to buy a new one, to save the earth by not saving it.

Doge should be a meme coin used only for tips between people or services and that's about it. The dog which inspired doge is about to die any day now, let's see if the price of a shitcoin get dumped or not

asawale

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Without any real utilities and real time development, there's no way DOGE will hit a dollar. The major things that drove the price as it did the last time was the influences of Elon Musk. It ended up being used to manipulate traders which ended up being dumped on. No many will fall for that anymore. Not even the newbies.

btc78

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Quote from: Rana590 on December 25, 2022, 02:39:22 PM

Quote from: Tigerheart3026 on December 25, 2022, 07:17:51 AM

Quote from: saxydev on November 19, 2022, 02:04:32 AM

No, it can't. It's a joke coin. JOKE!

yep, doge is a joke coin btw did you know doge new ath was $0.7 provably in last year if i am not mistake, check in coinmarketcap.
it’s pretty difficult to expect in this bearish market doge will go $1,
btw this shit coin controlled or manipulated by elon mask,
so if he want to again shill this coin, so why not it go hit $1 in the next bull run.

Elon is trying to get benefited and people are doing same mistake everytime. Elon knows well crypto market is a place to utilize his plan because people know him, trust him. If we talk about meme coin then doge and Shiba Inu are potential. I think so too that it is possible for doge again.

but can you blame those people? because many of them are gaining as they ride along whenever Elon says a word and pump the coin involved .

but me? nope I will not dare following him instead most of the time I go sideway.

and also Doge hitting 1 dollar seems to be not happening any time soon .

JeffBrad12

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sometimes thinking that doge reaching $1, it's certainly possible but the thing is, why coin with no utility and is just a meme coin like doge should have such tremendous market capitalization it's just too much for doge coin if it ever reaches that value, many said that it might reach that mark but for temporary and I think I agreed, doge coin isn't sustaining coins that could have demands from its features, it's just meme coin purely driven by trends and no real utilities.

Abiky

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Quote from: sana54210 on January 02, 2023, 02:11:51 PM

It is definitely near the impossible level, but it did get close for a while and that is the weirdest period. I mean think about it, we are talking about a situation where it was nearly impossible levels and then this happened, how could we move away from it at all?

I believe the huge hype we had along with Elon promoting it to nearly hundred million people, it all caused the price to go up more than it probably should. I understand increases but this was just way too much and that's a bit of a problem. This caused tons of people to lose a lot of money as well, look at the price right now, it's nowhere near the level where it should be and that's an issue.

That's certainly true, mate. DOGE went to the moon like crazy just because of Elon Musk's endorsement. It should've never been worth more than a cent (USD), especially when the network supply continues to grow exponentially over time. At current rates, I'd say Dogecoin is extremely overvalued.

If it goes to $1, it will only be for a short period of time. You'd be lucky to sell at such prices if you've managed to accumulate a hefty sum of coins during the bear market. "Meme" coins like Dogecoin and Shiba Inu are highly unpredictable, so don't invest more than what you can't afford to lose just to be safe. Just my opinion

sana54210

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Quote from: Abiky on January 02, 2023, 09:10:49 AM

Altcoins are only relied upon as a means for profit, not a payments tool like Bitcoin. You can see why some countries adopted BTC as legal tender instead of any of its variants. The situation is worse with "meme" coins like DOGE and SHIBA due to their ever-growing token supply. I'd be a miracle if Dogecoin goes to $1 and holds that position for a long time. Unless devs start burning the coin's supply or introduce some sort of deflationary mechanism, I don't see DOGE going anywhere soon.

Imagine what would happen with Dogecoin's market price after Elon Musk abandons it. I'm pretty sure it will go back to less than $0.01. No one can predict the future, so we can only hope for the best. Just my thoughts Grin

It is definitely near the impossible level, but it did get close for a while and that is the weirdest period. I mean think about it, we are talking about a situation where it was nearly impossible levels and then this happened, how could we move away from it at all?

I believe the huge hype we had along with Elon promoting it to nearly hundred million people, it all caused the price to go up more than it probably should. I understand increases but this was just way too much and that's a bit of a problem. This caused tons of people to lose a lot of money as well, look at the price right now, it's nowhere near the level where it should be and that's an issue.

Abiky

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Quote from: posi on December 30, 2022, 10:22:03 AM

Investing in crypto, we shouldn't talk about utility or use case here, given the fact that apart from bitcoin being widely adopted as a payment method, there aren't any accepted altcoins widely accepted and used in real life. Doge or potential altcoins are similar, as they are both made for profit and then disappear from the market.

The funny fact is, Doge is a joke, a coin with no utility as many say, but it has outlasted any of the top altcoins to date. EOS, LISK, NEM...all are topcoins, but now I don't see anyone talking about them anymore, but doge is still here and we still talk about it every day.

That's certainly true, mate. Altcoins are only relied upon as a means for profit, not a payments tool like Bitcoin. You can see why some countries adopted BTC as legal tender instead of any of its variants. The situation is worse with "meme" coins like DOGE and SHIBA due to their ever-growing token supply. I'd be a miracle if Dogecoin goes to $1 and holds that position for a long time. Unless devs start burning the coin's supply or introduce some sort of deflationary mechanism, I don't see DOGE going anywhere soon.

Imagine what would happen with Dogecoin's market price after Elon Musk abandons it. I'm pretty sure it will go back to less than $0.01. No one can predict the future, so we can only hope for the best. Just my thoughts Grin

MarjorieZimmermanGinger

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Quote from: kotajikikox on December 27, 2022, 03:41:58 AM

But Doge isn't LUNA mate , Luna's crashing has nothing to do with Dogecoin though the asking price is too high for now to achieve , while we are waiting for ELON MUSK's pumping then better not to expect this high for now.

The highest price of dogecoin has ever been in the $0.73 range. But until now it has never reached $ 1 in its journey, the domino effect resulting from Elon Musk's purchase of Twitter has made Dogecoi's condition increase again, although it has not yet touched the highs it was at that time. It is this relationship that has led people to believe every tweet of Elon Musk will make Dogecoin go up and he has played a key role in Dogecoin's journey.

Although there are still many people who feel that Dogecoin was not completely influenced by Elon Musk in his journey. However, if we look at the relationship more closely, every time Elon Musk tweets Dogecoin, there must be a pumping of its price.

Quote

Doge is stable in its price now and I am confident tha tin years to come it may take that high.

Dogecoin is still quite stable on the market since experiencing such a large increase in price at that time, even Dogecoin's condition is relatively stable and does not really affect the ongoing correction. But hoping for such a high price, I think it's still quite difficult for Dogecoin.

posi

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Quote from: klidex on December 31, 2022, 12:58:15 AM

Quote from: posi on December 30, 2022, 10:22:03 AM

Quote from: Abiky on December 25, 2022, 07:53:09 PM

I'm basically in no hurry to see this happen, since crypto is all about utility. Dogecoin was never meant to be used as a store of value, so I'd expect it to decline in price right after the hype is over. Who knows what the future holds for the cryptocurrency? Just my thoughts Grin

Investing in crypto, we shouldn't talk about utility or use case here, given the fact that apart from bitcoin being widely adopted as a payment method, there aren't any accepted altcoins widely accepted and used in real life. Doge or potential altcoins are similar, as they are both made for profit and then disappear from the market.

The funny fact is, Doge is a joke, a coin with no utility as many say, but it has outlasted any of the top altcoins to date. EOS, LISK, NEM...all are topcoins, but now I don't see anyone talking about them anymore, but doge is still here and we still talk about it every day.

Yes, it's true that altcoins are just crypto assets that are used by investors and traders only to be able to take profits because altcoins can indeed provide very large and tempting profits when there is hype.
For the doge altcoin, I think it will be very difficult to reach the $1 target because indeed many have suffered huge losses from holding doge last year when it was experiencing a significant price increase.
Even though there is support from world billionaires and the community has a large number of members, in the last year many investors have suffered losses from doge and most of them have been stuck at high prices.
So if one day the doge experiences a price increase it will not be able to survive. Automatically investors who used to buy doge at the price above will sell all of their doge assets to be able to recover losses.

Not only dogecoins, who don't sell assets when the bear season comes, but all are also falling into losses and becoming reluctant holders. Even if you bought bitcoin last year and held, you are also losing, don't just blame dogecoin.
I don't know if Doge will hit $1 as it will depend on Elon, he will be the one to decide the price for Doge. But like I said, it won't die, and it will continue to exist even if Elon is gone.

Topic: Doge can it go 1$ - page 5. (Read 1731 times)