DOGE coin will it go beyond $1, why & why not?

Quidat

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Quote from: gaston castano on September 30, 2019, 08:37:35 AM

1usd is too high, with very much total supply it will hard, maybe some day but not this time.
maybe arround 10 years above or maybe never, if doge hit 1us that mean 129 billion marketcap, and how about btc and other.
so my prediction doge will hit 0,1usd ATH.

People doesnt really make up some search or doesnt even know on what they are talking about where they do just simply give out their opinions and speculations without even basing the entire supply of DOGE. How the do able to consider to think out that $1 is possible? Too unrealistic and even on dreams this one wont really happen for 10 cents then it possible but for $1? Better not to think off too much because it will just broke out your hopes and Bitcoin would be the primary thing and no other alts will be prioritize first.

cribusen

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Quote from: gaston castano on September 30, 2019, 08:37:35 AM

so my prediction doge will hit 0,1usd ATH.

Even if we would face another bull trend in the upcoming months and BTC would costs above 100k, I hardly doubt that Doge will make it to 1 USD. 0,1 is a realistic prediction for an upcoming decade but not earlier

gaston castano

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1usd is too high, with very much total supply it will hard, maybe some day but not this time.
maybe arround 10 years above or maybe never, if doge hit 1us that mean 129 billion marketcap, and how about btc and other.
so my prediction doge will hit 0,1usd ATH.

bitcoin31

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Even they have same supply XRP is really different to dogecoin and we know that Im really sure dogecoin will not cost $1 per dogecoin because if it reach that value is only takes to the coin for few years but look the dogecoin is is one of the oldest but the price is lower than XRP. Xrp is more potential and the saddest part with that is dogecoin are not potential coin but still consider use it like playing gambling and some ways of investment but for the potentiality they don't have anymore.

lab rat hoax

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i think that it is impossible even in the long-term. Of course it may rise too much during bull periods and likewise it may fall too much during the bear period but it will never be 1 dollar as you imagine because the market supply of doge coin is too much and it never sees the investment it need for $ 1.
I suggest you not to have such astronomical dreams

Emperor of Man

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Nothing is impossible, but it's highly unlikely.

If DOGE gets $1, its marketcap will go > $120 billion. More than 50% of the total cryptocurrency marketcap these days. How probable do you think that is?

numanoid

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Quote from: coinswebid on September 26, 2019, 05:58:07 PM

Quote from: eagle10 on April 18, 2018, 06:38:51 AM

I hold some DOGE if it goes 1 USD, I will have some decent money to spend some going to some parts of the world. I just want to know if this year it will touch 1 USD like the XRP which they have the same volume as Billion supply I mean.

your predictions was wrong, because in 2018 doge never touch $1 my friend
and maybe this is a big dream from you if doge will touch $1, because in my opinion thats will never happend to doge buddy

He never predict anything since it's only his opinion whether DOGE will reach $1 or not. He thought DOGE could be like XRP which ever reached more than $1 while their total supply crossed 99billion token. You can't say it won't be happen, do you ever think bitcoin could reached $20k when you knew bitcoin only worth less than pennies?

sempak

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Quote from: adroitful_one on September 27, 2019, 09:28:01 PM

Not any time soon. There are 121 billion Doge coins out there. The whole crypto market cap is only valued at about 217 billion. So, the market cap would have to rise tremendously. I won't say this is impossible. However, it will not be any time soon. It will likely never happen.

So much supply to get 1 $? in a short time this is impossible. we may have a target but it should have the right facts so what we do is the right thing to invest or others,agree with you that it's a difficult thing

adroitful_one

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Not any time soon. There are 121 billion Doge coins out there. The whole crypto market cap is only valued at about 217 billion. So, the market cap would have to rise tremendously. I won't say this is impossible. However, it will not be any time soon. It will likely never happen.

lumierre

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Quote from: moneyball on September 25, 2019, 12:34:27 PM

I think it will never reach 1$ because it has a high supply.

True, but it does not mean that it is not profitable to deal with it, vice versa. Dogecoin popularity is great, for instance, it is used in different charity projects. A lot of online stores take it as well as casinos online, where you can also make DOGE gambling. This token will live for long, and it has already proved that it is not going to leave the market of cryptocurrencies.

bitkanu

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Quote from: moneyball on September 25, 2019, 12:34:27 PM

I think it will never reach 1$ because it has a high supply.

It's not caused by the high supply but the doge can be categorized as a coin with an infinite supply. The creator of doge is not even telling about how much supply that can be mined by miners to achieve the hardcap supply.
This is a coin with very very big inflation.
$1 is an impossible thing. millions of doge distributed every day to the market.

coinswebid

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Quote from: eagle10 on April 18, 2018, 06:38:51 AM

I hold some DOGE if it goes 1 USD, I will have some decent money to spend some going to some parts of the world. I just want to know if this year it will touch 1 USD like the XRP which they have the same volume as Billion supply I mean.

your predictions was wrong, because in 2018 doge never touch $1 my friend
and maybe this is a big dream from you if doge will touch $1, because in my opinion thats will never happend to doge buddy

nira09

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Quote from: AwoCorporation on September 26, 2019, 09:50:48 AM

the principle will remain the same, when demand is high and supply is limited or little will make prices rise. but you can see how doge has a huge inventory. it will be difficult to grow it, unless the developer will burn most of their coins circulating in the market.

burning 50% of the total supply won't increase the price of doge coins to $ 1 USD, besides Doge also doesn't have a token burning program, so just forget your hopes the doge will be $ 1 USD.

calandra78

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Quote from: FLHippy on September 26, 2019, 11:04:49 AM

Quote from: eagle10 on April 18, 2018, 06:38:51 AM

I hold some DOGE if it goes 1 USD, I will have some decent money to spend some going to some parts of the world. I just want to know if this year it will touch 1 USD like the XRP which they have the same volume as Billion supply I mean.

It is impossible. DOGE now costs 0,002119USD, you imagine that DOGE will moon and multiply its price 500 times? Bitcoin would then have to cost 500,000USD .That would make everyone millionaire, don´t believe it.

nothing is impossible friend. bitcoin doesn't have to reach that price. You can see this and it might happen when doge mining is stopped and the supply is limited and reduced in half or gradually. then the price will also follow the demand in the market.

FLHippy

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Quote from: eagle10 on April 18, 2018, 06:38:51 AM

I hold some DOGE if it goes 1 USD, I will have some decent money to spend some going to some parts of the world. I just want to know if this year it will touch 1 USD like the XRP which they have the same volume as Billion supply I mean.

It is impossible. DOGE now costs 0,002119USD, you imagine that DOGE will moon and multiply its price 500 times? Bitcoin would then have to cost 500,000USD .That would make everyone millionaire, don´t believe it.

AwoCorporation

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the principle will remain the same, when demand is high and supply is limited or little will make prices rise. but you can see how doge has a huge inventory. it will be difficult to grow it, unless the developer will burn most of their coins circulating in the market.

tungaqhd

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Quote from: Sirait on September 26, 2019, 05:45:19 AM

Quote from: moneyball on September 25, 2019, 12:34:27 PM

I think it will never reach 1$ because it has a high supply.

That's right, Dogecoin supply has now reached 121 billion coins, if Dogecoin is worth $ 1 then Dogecoin market capitalization will defeat Bitcoin, and this is impossible.

if the Dogecoin Developer wants to burn 50% of their coins then I'm sure Dogecoin will be worth $ 1, but this is not possible, so I don't believe Dogecoin will be worth $ 1.

The supply which is too large is really a disadvantage for dogecoin in the price increase because that means dogecoin is not so scarce, it still has a large volume and people easily collect, pushing prices too high to be impossible, whales certainly know that people accumulate quite a lot of cheap altcoins like dogecoin to wait for the pump. Besides, dogecoin is not so potential when in recent years as an end of it, the value and influence to the community is very low, people are only using it to reduce transaction and conversion costs primarily, with very little investment and holding

SvonioneFromMangoCoinz

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With the current market situation, nothing will happen. When the bull run comes, we hope the top coins do that extraordinary thing, but for now, hold Doge will be one of the wrong decisions because the market is still having a strong discount in those days. This will not stop because it is about to end Q4 and you will see the red market once again.

CasinoAdrenaline

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Most definitely no due to total supply of Doge coin. In theory, it would be possible if the total supply gets halved, but I see no reason why would that happen.

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I think the price of altcoin like this doge has the potential to be expensive, but dogecoin requires a lot of very good developments to be able to attract investors and can make the price go up, all coins that have high prices usually have very good developments and are widely used by people to do a transaction.

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