Dogecoin (DOGE) - page 4. | Bitcointalksearch.org

passwordnow

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Quote from: Volimack on January 19, 2024, 05:57:40 AM

Yeah memecoins are more likely to fall into the trap of scammers to invest in. Memecoins do not last long in the market but Dogecoins are among the best altcoins despite their low price.

Dogecoin is likely to last forever together with the other major cryptos in the market. But at the same time, there will be a lot of meme coins that are going to get kicked and will be out of this market for sure.

Quote from: Volimack on January 19, 2024, 05:57:40 AM

Although the number of Dogecoins can decrease infinitely it will probably reach a practical limit.

You mean that Dogecoin has an infinite supply and its supply limit is keep on increasing. As for the limit? There's no limit, that's how Dogecoin has been designed by its developers before and there's no way to stop it unless the devs will step in and do something about it but that's unlikely.

Quote from: Volimack on January 19, 2024, 05:57:40 AM

Since currency growth is predictable it is easy to use as currency to buy goods and services.

You've missed the crypto the 'currency' part. They're not predictable and honestly, because for being unpredictable this makes it unknown on what the future will be mostly for the meme coins. But for Bitcoin, it is certain that it is here to stay.

Quote from: Volimack on January 19, 2024, 05:57:40 AM

The potential for widespread adoption in the future may make Dogecoin worth keeping.

For Dogecoin, possible but not for all the meme coins.

asrinur

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Dogecoin's rise in that times is not a sign of the cryptocurrency's future. The increase was only due to Elon Musk because he had many fans so people thought he was seriously interested in Dogecoin but in fact it was only temporary where as soon as Elon Musk made a profit from Dogecoin he immediately sold everything. Currently Dogecoin is back at its base price where the price continues to decline. Many people experienced losses after investing in Dogecoin at that time.

DeathAngel

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I’m still expecting DOGE to come back strong. It always has a massive rally when Bitcoin is in a bull run. We may have to wait a year or so but the old DOGE is going nowhere. It will be back with another period of euphoria in thd not too distant future.

Volimack

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Yeah memecoins are more likely to fall into the trap of scammers to invest in. Memecoins do not last long in the market but Dogecoins are among the best altcoins despite their low price. Although the number of Dogecoins can decrease infinitely, it will probably reach a practical limit. Since currency growth is predictable it is easy to use as currency to buy goods and services. The potential for widespread adoption in the future may make Dogecoin worth keeping.

xeqoRameshAxueamExaqana

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dogecoin best meme coin. but the big pump has passed. when pumped by elon musk the price of dogecoin almost reached 1 dollar.
But after that it dropped again and now the price is around 0.1 dollars. will it be able to pump to 1 dollar. maybe it takes another endorsement of elon musk to get close to or past 1 dollar. without endorsement elon musk it will be difficult to reach the price of 1 dollar.

Bureau

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Quote from: cryptoWODL on January 19, 2024, 12:50:40 AM

I mentioned a price for this coin in my previous post and today the price of the coin has dropped further from there.Today I saw that the price of Bitcoin has dropped to $41,221 dollars in the crypto currency market, maybe its effect is starting to fall on the alt coins.
As far as I know from my experience if the price of Bitcoin doesn't go up then the price of alt coins doesn't go up either. Similarly, the price of Doge Coin has decreased today compared to yesterday.

Bitcoin is dragging the market into red and that is why the price of Dogecoin has gone down. Some analysts are saying that the Bitcoin price might go below 39k and today the price went down because miners have sold 10k Bitcoin which is making the news. Altcoin pricing largely depends on the performance of Bitcoin nothing new about it. It has always been like this because of Bitcoin's dominance in the market and before halving Bitcoin tends to be in the red zone.

cryptoWODL

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Quote from: deathcode on January 18, 2024, 01:51:41 AM

Dogecoin may not achieve such great success again anytime soon. the market will slowly decline until it reaches a fairly stable price value. For the current price, there is still the possibility of a price reduction to a certain level.
We cannot continue to hope that Dogecoin will always increase and provide profits for its holders. however, dogecoin is one of the popular altcoins in the crypto market. Hopefully, the Dogecoin situation doesn't get worse this year.

I mentioned a price for this coin in my previous post and today the price of the coin has dropped further from there.Today I saw that the price of Bitcoin has dropped to $41,221 dollars in the crypto currency market, maybe its effect is starting to fall on the alt coins.
As far as I know from my experience if the price of Bitcoin doesn't go up then the price of alt coins doesn't go up either. Similarly, the price of Doge Coin has decreased today compared to yesterday.

batang_bitcoin

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Quote from: deathcode on January 18, 2024, 01:51:41 AM

Quote from: batang_bitcoin on January 17, 2024, 05:47:00 PM

It was a good project and the father of all meme coins that we all loved. The chance of rising is low because it has managed to get into ATH, right? But we don't know what this next bull run awaits for the coins like Dogecoin and other meme coins. While there's still a market share for them, I don't know how huge it is but for Dogecoin, sure it is a lot of market that we're going to see from it as long as it's still part of the top altcoins in the lists or websites like cmc, coingecko, etc.

Dogecoin may not achieve such great success again anytime soon. the market will slowly decline until it reaches a fairly stable price value. For the current price, there is still the possibility of a price reduction to a certain level.

As we're talking, the market did correct and this is expected and everything has declined.

Quote from: deathcode on January 18, 2024, 01:51:41 AM

We cannot continue to hope that Dogecoin will always increase and provide profits for its holders. however, dogecoin is one of the popular altcoins in the crypto market. Hopefully, the Dogecoin situation doesn't get worse this year.

You're right, we can't hope for its continuous price increase but those who are holding it are aware that some situation like this is about to happen. It's a normal scenario to the market so for the new ones, welcome to the volatile market of crypto not just with Dogecoin but with almost everything.

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One person can't make a cryptocurrency project for long running project without the support of the people. It is the people that make any cryptocurrency project stay long and not even the developers. Without the participation of the people then your project is nothing. Yes we all know that Elon Musk supported Dogecoin and that does not means that the coin will live long but the mass use if the project will make it longest. Though Elon Musk promoted dogecoin to the maximum way. Dogecoin is one of top 10 coin in the cryptocurrency ecosystem market place now.

johnsaributua

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I admit that the initial doge coin appeared to be the only rare coin (type), before the current trend appeared (meme coin arrives) because with unique that I think is the interesting and the price is very cheap, but if it has good fundamentals no matter how cheap it will survive and I think doge is an old coin that deserves its existence. I have bought it in the past and I realized that the existence of doge is very accepted and the transaction density is so good every day even if I look at the local exchange. Currently doge has not been able to recover from the break of tens of thousands of percent pump 3 years ago but today is the best than below 2020.

I really enjoyed seeing doge's journey and my first impression since 2015 when I started to enter and buy doge. If after the season doge can come again and I think it can continue to go up at least 5X from today, and I imagine that as it has happened, it is worth it because doge for me is the pioneer and legend of the meme coin market response segment until now. I look forward to more actors who will move the doge coin to pump or maybe elon musk will return from one of the meme coins;D

deathcode

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Quote from: batang_bitcoin on January 17, 2024, 05:47:00 PM

Quote from: Hildentine on January 17, 2024, 02:28:04 PM

Dogecoin it's a very great project it's look like strong project because Dogecoin are meme coin but they still stay in market other thing is that in present time many people interest in Dogecoin according to my experience is that it's very hard they again rise but still a chance if people support this project they easily rise.

It was a good project and the father of all meme coins that we all loved. The chance of rising is low because it has managed to get into ATH, right? But we don't know what this next bull run awaits for the coins like Dogecoin and other meme coins. While there's still a market share for them, I don't know how huge it is but for Dogecoin, sure it is a lot of market that we're going to see from it as long as it's still part of the top altcoins in the lists or websites like cmc, coingecko, etc.

Dogecoin may not achieve such great success again anytime soon. the market will slowly decline until it reaches a fairly stable price value. For the current price, there is still the possibility of a price reduction to a certain level.
We cannot continue to hope that Dogecoin will always increase and provide profits for its holders. however, dogecoin is one of the popular altcoins in the crypto market. Hopefully, the Dogecoin situation doesn't get worse this year.

Bureau

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Quote from: cryptoWODL on January 18, 2024, 01:38:44 AM

When Elon Musk supported Doge Coin the price of this coin increased a lot and since then this coin has become very popular. But we have never heard about this coin or seen its price increase before that. When Elon Musk supported this coin many investors invested in this coin and they earned good profits. Currently the price of this coin is $0.08 in the crypto currency market. We can expect that the price of this coin will definitely increase when the bullrun starts in the market.

Before Doge coin became popular it was considered a joke coin. First a tiktok trend was started by a few influencers who wanted Dogecoin to pump. They were informing the reason why everyone should invest in it. The trend became popular and was noticed by Elon Musk. He announced that Tesla would accept the coin in place of Bitcoin causing the coin to spike and the rest is history. Those who invested in the coin when it spiked are now the ones who are waiting for another spike so that they can book profit. The problem here is that that number is very big than those who were early adopters.

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Quote from: Rampagoe004 on December 25, 2023, 11:24:14 AM

Quote from: kizlod on December 25, 2023, 04:59:48 AM

Elon even said at some point that he's not planning to make his own project. And DOGE was the only memecoins that was created as a pure joke, it feels like everything else was made just to make hype and grab money.

Even DOGE's initial purpose was just a meme coin with no value. DOGE developers never thought anyone would be serious about doge. I think this is due to FOMO and the huge influence created by Elon that pushed the price of doge to the point where it became unreasonable. If you are someone who hits and runs then you can try to get into this doge. But if you want to invest then just let other people play here.

When Elon Musk supported Doge Coin the price of this coin increased a lot and since then this coin has become very popular. But we have never heard about this coin or seen its price increase before that. When Elon Musk supported this coin many investors invested in this coin and they earned good profits. Currently the price of this coin is $0.08 in the crypto currency market. We can expect that the price of this coin will definitely increase when the bullrun starts in the market.

batang_bitcoin

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Quote from: Hildentine on January 17, 2024, 02:28:04 PM

Dogecoin it's a very great project it's look like strong project because Dogecoin are meme coin but they still stay in market other thing is that in present time many people interest in Dogecoin according to my experience is that it's very hard they again rise but still a chance if people support this project they easily rise.

It was a good project and the father of all meme coins that we all loved. The chance of rising is low because it has managed to get into ATH, right? But we don't know what this next bull run awaits for the coins like Dogecoin and other meme coins. While there's still a market share for them, I don't know how huge it is but for Dogecoin, sure it is a lot of market that we're going to see from it as long as it's still part of the top altcoins in the lists or websites like cmc, coingecko, etc.

Hildentine

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Dogecoin it's a very great project it's look like strong project because Dogecoin are meme coin but they still stay in market other thing is that in present time many people interest in Dogecoin according to my experience is that it's very hard they again rise but still a chance if people support this project they easily rise.

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Quote from: snipie on January 01, 2024, 06:47:00 AM

Quote from: Ngemmeng on December 30, 2023, 08:28:35 PM

Quote from: Mehedi72 on December 27, 2023, 11:41:01 PM

elon has big influence on crypto market but he let people know he is on crypto market after he shared about dogecoin. And he keep backing doge in front to people And thus doge received gear to go upstairs. Cause doge original team already disappeared and won't possible for doge to survive long without such influence of EM. And investors earned a lot from doge but not everytime doge will gonna bring people profit cause memecoin is memecoin. So need to think before investing on dogecoin or plan to hold it for next bull run

Your sentence emphasizes that Doge can survive only because it is supported by one person, namely Elon. Is this good for the long term? I think it's not good for the long term. What if one day he switches to supporting other altcoins? I think this is a risk that must be considered for doge holders.

Elon Musk just found Dogecoin as a funny and lovely altcoins comparing to the others, that's why he likes it. He might find as well that Dogecoin has many potential including a huge price rise in the future. Otherwise, Dogecoin is based in its active fans worldwide so it will survive thanks to them, rather than the other people getting involved for economical reasons.
I have big hopes in Dogecoin and consider it the most interesting cryptocurrency after Bitcoin.

Dogecoin was surviving from many years and didn't faced any issues in their journey. Most of Europeans love small pet especially Dog which I think maybe the reason of preferring doge over many other coins. As far I think LTC is most closers to BTC but Elon has own mind which is not possible to read. Now doge has lot of potential and there are very less competitive of this coin. Despite of meme coin and no real use case now doge become trended coin. This coins future is looking shining and 1$ should be our first target. I know it is risk but profit is not possible without taking risk so just hold small amount and being positive will bring best result.

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Quote from: Ngemmeng on December 30, 2023, 08:28:35 PM

Quote from: Mehedi72 on December 27, 2023, 11:41:01 PM

elon has big influence on crypto market but he let people know he is on crypto market after he shared about dogecoin. And he keep backing doge in front to people And thus doge received gear to go upstairs. Cause doge original team already disappeared and won't possible for doge to survive long without such influence of EM. And investors earned a lot from doge but not everytime doge will gonna bring people profit cause memecoin is memecoin. So need to think before investing on dogecoin or plan to hold it for next bull run

Your sentence emphasizes that Doge can survive only because it is supported by one person, namely Elon. Is this good for the long term? I think it's not good for the long term. What if one day he switches to supporting other altcoins? I think this is a risk that must be considered for doge holders.

Elon Musk just found Dogecoin as a funny and lovely altcoins comparing to the others, that's why he likes it. He might find as well that Dogecoin has many potential including a huge price rise in the future. Otherwise, Dogecoin is based in its active fans worldwide so it will survive thanks to them, rather than the other people getting involved for economical reasons.
I have big hopes in Dogecoin and consider it the most interesting cryptocurrency after Bitcoin.

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Quote from: Ngemmeng on December 30, 2023, 08:28:35 PM

Quote from: Mehedi72 on December 27, 2023, 11:41:01 PM

elon has big influence on crypto market but he let people know he is on crypto market after he shared about dogecoin. And he keep backing doge in front to people And thus doge received gear to go upstairs. Cause doge original team already disappeared and won't possible for doge to survive long without such influence of EM. And investors earned a lot from doge but not everytime doge will gonna bring people profit cause memecoin is memecoin. So need to think before investing on dogecoin or plan to hold it for next bull run

Your sentence emphasizes that Doge can survive only because it is supported by one person, namely Elon. Is this good for the long term? I think it's not good for the long term. What if one day he switches to supporting other altcoins? I think this is a risk that must be considered for doge holders.

Everyone can also conclude that Elon Musk's role in Doge is very influential, and that has been proven, but indeed, if someone's dependence is not due to their ability to survive or improve, of course it is very unfortunate because it will not be good in the future. Doge can be like it is today, of course, because of Elon Musk's role in contributing so that many people invest in him. But if Elon Musk no longer plays a role in Doge, of course it can survive if many investors still believe in him by continuing to make transactions.Everything will be meaningless if investors start to leave, especially since Elon Musk doesn't have a role in Doge. It's not good for Doge if it only depends on Elon Musk. If Elon Musk no longer supports it, it is feared that investors will also give up Doge.

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Quote from: Mehedi72 on December 27, 2023, 11:41:01 PM

elon has big influence on crypto market but he let people know he is on crypto market after he shared about dogecoin. And he keep backing doge in front to people And thus doge received gear to go upstairs. Cause doge original team already disappeared and won't possible for doge to survive long without such influence of EM. And investors earned a lot from doge but not everytime doge will gonna bring people profit cause memecoin is memecoin. So need to think before investing on dogecoin or plan to hold it for next bull run

Your sentence emphasizes that Doge can survive only because it is supported by one person, namely Elon. Is this good for the long term? I think it's not good for the long term. What if one day he switches to supporting other altcoins? I think this is a risk that must be considered for doge holders.

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Quote from: Rampagoe004 on December 30, 2023, 05:41:34 AM

Quote from: odunybiz on December 29, 2023, 06:26:13 PM

To me, I still have hope in Dogecoin. I still have some in my wallet till now. I'm even planning to buy more to keep till the next bullrun. Although this isn't a financial advice for anyone but just my opinion about Dogecoin.

I know that of course everyone has their own assessment. And I also agree with you that you are not giving financial advice about buying doge. It's just that I'm curious what made you choose doge and what is the background that makes doge still have potential at this time? I remember when doge was still only worth $0.01 and I thought that was a fair price for an altcoin. Currently Doge is trading at $0.08 which in my opinion is still quite expensive but still far from their ATH.

I'm sure the reason must be because doge is a meme coin supported by the richest person currently, namely Elon Musk. there may be other reasons but the main reason is clearly elon's support. I agree with you that everyone has their own opinion, but I personally don't want to invest in altcoins that are controlled by just one person.

Topic: Dogecoin (DOGE) - page 4. (Read 2305 times)