Dogecoin (DOGE) - page 12. | Bitcointalksearch.org

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Quote from: Jocuserious on August 01, 2023, 12:38:53 PM

It is indeed meme coin but the best among all meme coins and you can be a long time hoarder by trusting dogecoin. Moreover, some of their services are managed where investors have a good opportunity to make profits.
As far as i know dogecoin was in a good position even before Elon musk came and now it has number one position in all meme coin. After all i am a very old dogecoin investor if I am not wrong.

It's still one of the best coins out there with its own chain and being used widely also in different platforms so I have no doubt DOGE will have a good price. Crypto always has a good bright future. It's just the governments and the bear market that make crypto difficult to adopt since their regulations are killing the market. Once we passed all this stuff and Gensler loses his mind, it won't be that hard anymore.

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It is indeed meme coin but the best among all meme coins and you can be a long time hoarder by trusting dogecoin. Moreover, some of their services are managed where investors have a good opportunity to make profits.
As far as i know dogecoin was in a good position even before Elon musk came and now it has number one position in all meme coin. After all i am a very old dogecoin investor if I am not wrong.

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Quote from: danherbias07 on August 01, 2023, 06:43:50 AM

It brought attention when Elon Musk joined the Dogecoin run. But before that, it was just silent, and not most people know about it. It's just there, existing.
Now, because of what EM did many developers tried to recreate the same thing and expect to witness the same effect as how Doge did. But, let's face it, that won't happen, I hope. I am good with one meme coin in the market, creating more will diversify the money that is supposed to go to other projects with real use base backgrounds. Or, are we just going to waste our time and money joking around with this type of coin which we all know will not really help the technology of the future? They are just there for the hype and for whales to make money after manipulating it.

The disappearance of these types of coins will only happen when the industry will grow up and have many more regulators. For some, the arrival of even more regulation in the industry may mean bad times and a contradiction to the very concept of cryptocurrencies, but without proper regulation, these shitcoins will not go away. Memcoins play on human vices such as lust for profit, greed, etc. These techniques will always work if they are not dealt with at the legislative level.

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Quote from: danherbias07 on August 01, 2023, 06:43:50 AM

It brought attention when Elon Musk joined the Dogecoin run. But before that, it was just silent, and not most people know about it. It's just there, existing.
Now, because of what EM did many developers tried to recreate the same thing and expect to witness the same effect as how Doge did. But, let's face it, that won't happen, I hope. I am good with one meme coin in the market, creating more will diversify the money that is supposed to go to other projects with real use base backgrounds. Or, are we just going to waste our time and money joking around with this type of coin which we all know will not really help the technology of the future? They are just there for the hype and for whales to make money after manipulating it.

That is the hype that Elon musk brought in the meme coin market. Before doge coin most of the other coins never existed but Elon musk choose to drop bitcoin and focused on doge coin and that was how it went to the sky. I remember sometime ago he had Saturday Night Live (SNL) and gave doge coin more publicity and since then the meme coin gained some hype to stay in the top 5 in CMC at the time, moved to top 10, precisely at number 7 position and that is a very good performance for a meme coin.

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Quote from: Pandji02 on July 31, 2023, 12:24:50 AM

DOGE is a memecoin. Not a bad one but still. Do you really think it can be the cause for the bright crypto future?

DOGE's popularity as a memecoin has brought significant attention to the crypto space and demonstrated the power of community-driven projects. While its future remains uncertain, its journey could contribute to a brighter future for the entire crypto ecosystem by inspiring broader adoption and acceptance of digital assets.

It wasn't DOGE itself that made crypto a bit more popular. Elon Musk did.
What if Elon didn't promote DOGE? Do you think that the popularity of the coin itself, and the whole crypto will increase? Probably yes, but not the same as what Elon did.

DOGE is a meme coin, and not a center of attraction coin where we will depend on it for the brighter future of the whole crypto ecosystem. Inspiring broader adoption, and acceptance of digital assets? Isn't it Bitcoin that must be the one whose on top of that when it comes to that matter, and not DOGE? I mean what's your reason why you are looking at DOGE right now? It's because of Elon? Right now, the hype around meme coins might still be there, but DOGE isn't that popular anymore.

Though I like the coin because it's the first ever meme coin, to see it as the sign of the future of cryptocurrency is a bit overexaggerating if you will ask me. Internet meme phenomenon? Maybe that would fit, but not the future of crypto Cheesy

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Quote from: InfinityCrypto on July 30, 2023, 11:59:48 PM

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

For a coin to be the future of cryptocurrency, there are many things the coin should possess and among all I should consider decentralization as one of the most important factors. Everyone is clearly seeing the direction the industry is moving to. For security and privacy, it is better the project is in the handle of the people, rather than in the hand of a people.
Secondly, the should be a very good utility value of the coin. Meme coins are known for not having such utility values. Same is applicable to dodge if not that Elon adopted it as a payment means in his company.

Quote from: dlightag on August 01, 2023, 03:41:58 AM

DOGE was a meme Coin at the earliest stage most people didn't invest on the Coin, before was adopted by the Elon musk, using DOGE Coin as a means of payment in his company, that makes DOGE Coin price pump unbelievable, that is still have future potential in the cryptocurrency industries.

The weight and wave of Elon has reduced in the cryptocurrency industry. The hype is no longer high and not many people, especially bitcoiners value him in the industry. Elon is just a smart opportunist and a business man.

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DOGE’s rise can be seen as both a sign of the future of cryptocurrencies & a fleeting internet meme phenomenon. Its popularity & value showcase the increasing acceptance of digital currencies as well as the power of online communities to drive investment. The thing is DOGE’s origins as a meme and its lack of substantial technological advancements raise doubt about its long term viability & whether it can compete with more established cryptocurrencies. Only time will tell its true significance in the crypto world.

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It brought attention when Elon Musk joined the Dogecoin run. But before that, it was just silent, and not most people know about it. It's just there, existing.
Now, because of what EM did many developers tried to recreate the same thing and expect to witness the same effect as how Doge did. But, let's face it, that won't happen, I hope. I am good with one meme coin in the market, creating more will diversify the money that is supposed to go to other projects with real use base backgrounds. Or, are we just going to waste our time and money joking around with this type of coin which we all know will not really help the technology of the future? They are just there for the hype and for whales to make money after manipulating it.

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Quote from: dlightag on August 01, 2023, 03:41:58 AM

DOGE was a meme Coin at the earliest stage most people didn't invest on the Coin, before was adopted by the Elon musk, using DOGE Coin as a means of payment in his company, that makes DOGE Coin price pump unbelievable, that is still have future potential in the cryptocurrency industries.

Many didn't invest but at the same time many have bought and kept it. Many were able to cash out during Elon's time of hyping it and when it has reached the peak.

I remember that Vitalik also have sold his Dogecoins and made it to the public that he's going to donate his profits. IIRC.

I just can't remember if Elon actually adopted Dogecoin as payment to any of his companies.

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DOGE was a meme Coin at the earliest stage most people didn't invest on the Coin, before was adopted by the Elon musk, using DOGE Coin as a means of payment in his company, that makes DOGE Coin price pump unbelievable, that is still have future potential in the cryptocurrency industries.

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Quote from: InfinityCrypto on July 30, 2023, 11:59:48 PM

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

The later one, Just like stock markets, there's individuality to each cryptocurrency while there's herd mentality when it comes to bull and bear trend. But the meme trend, i.e. making the price of a coin rise without any prospects of future is more prominent on cryptocurrencies than on stocks. It's like gamestop rise but daily and on different coins. Dogecoin is still a good coin to predict for swings as it's one of the coin of interest of iconic billionaire Elon Musk. Any further xts from him anytime, the coin would jump a 20%.

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its just meme phenomenon nothing more, it was heavily shilled by elon without any proper reasoning other than for meme so I could pretty much classify this as just meme.
the thing with these meme coin rally in general is that, despite the fact that they gained so massive market capitalisation, they don't really innovate and contributes towards the development of technology.
at best they are just being used for speculation tool and heavily manipulated ones at that.
so basically its just meme and speculation, nothing more.

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Quote from: InfinityCrypto on July 30, 2023, 11:59:48 PM

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Imagine this, where is Dogecoin place if Elon Musk did not hype it, it will remain an unpopular meme coin we all come to love in the past before the hype people are praising Dogecoin and its community for staying put over the years when it's just a clone of Bitcoin with a very huge supply until one day a powerful and richest man on Earth decides to hype and the rest is history, majority of investors are profit driven where the money is this is where investors will lean towards as long as Elon supports Doge it will remain on top, but it will never topple Bitcoin.

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Quote from: InfinityCrypto on July 30, 2023, 11:59:48 PM

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

I don't know about Dogecoin's rise being a sign of the future of cryptocurrencies but I do know that Doge isn't just an ordinary memecoin. No, it's not even though it was created as joke. I've used it a few times and I can say that it's speed and ease of transaction confirmation is commendable. For those saying it's just a meme coin, they should pause and ask themselves why Doge is still thriving till date. What happened to most of the top listed coins that are dead now while Doge isn't?

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If DOGE reflects the future of cryptocurrencies, cryptocurrencies have no future. Cryptocurrencies are a means of payment, a decentralized system, not a manipulated asset whose price depends on one person's tweet. I see a perfect future of cryptocurrencies without shitcoins like DOGE, where people are zombified through social media and they go to buy these shitcoins at a high price.

DOGE used to be perceived by the community as a utilitarian coin for liquidity transfer, now DOGE is tightly associated only with Ilon Musk.

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Quote from: Nrcewker on July 31, 2023, 08:46:10 AM

Quote from: InfinityCrypto on July 30, 2023, 11:59:48 PM

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

How does a particular coin’s rise will lead to entire rise of the cryptocurrency. To be honest I don’t see any capability in this coin. These coins are only used by the bulls to make profits for themselves. They just increase the hype of the coin. And before that they buy large amount of coins. Now seeing the hype people starts buying the coin and this leads to increase in demand. Hence price goes up and the bulls sells the coins and make huge profits.

NO, I think it started with the rise of bitcoin after the halving and went bullish then other cryptocurrencies followed the market cycle causing the rise or called altcoin season.

Behind Doge there is Elon Musk as an influence on this meme coin at least by recently changing the twitter logo to doge it is a sign that he loves the dogecoin meme coin, behind all that it would be very believable if one more tweet from Elon musk then he is creating hype for his coin.
The possibility of doge coins can explode again, but don't be too trusting anything can happen later.

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Quote from: InfinityCrypto on July 30, 2023, 11:59:48 PM

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Crypto has risen a long time ago thanks to Bitcoin. It's not a sign of the rise of crypto but it's a sign that there are still people that believe in meme coins. Well, can say that Dogecoin could be or couldn't be an exception but since you are able to mention the fleeting meme craze then that could be it. If it's not for Dogecoin then there will be no shiba coin, pepe, and other inu coins that have been made due to the fact that many investors have followed them a lot for the bull run. Let's say that the craze was totally big during those times but it's also dried up during the bear market so many investors have lost their grip with those types of projects that have been proliferated by that season. And if there will be remaining meme coins in the market, many will not have any single doubt with the one that they're going to choose and that's Doge.

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Some used doge coin as a signal to determine the trend in the crypto market while there are also people who saw that as nothing rather than pump and dump coin. It depends on you about how you are valuing it right now.

I meant i can't sure about that caused by there are so many coincidences while meme bull trend sometime was just a short term trend.

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Quote from: InfinityCrypto on July 30, 2023, 11:59:48 PM

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

How does a particular coin’s rise will lead to entire rise of the cryptocurrency. To be honest I don’t see any capability in this coin. These coins are only used by the bulls to make profits for themselves. They just increase the hype of the coin. And before that they buy large amount of coins. Now seeing the hype people starts buying the coin and this leads to increase in demand. Hence price goes up and the bulls sells the coins and make huge profits.

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DOGE is a meme coin based only on that,a meme dog which looks cute I must admit however it is not based on any technological power aimed at solved some real problems by it.Any coin in such category is to be taken not that seriously as it is only here for fun mostly and whatever happens happens,if it increases it will make many people happy,the ones who bought it after it massively exploded because of a philanthropist like Elon Musk backed it up,soon to go down and deeper.We cannot expect anything from this coin and surely this coin is not some coin which we can take as a measurement.

Topic: Dogecoin (DOGE) - page 12. (Read 2304 times)