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Topic: Dogecoin is dead. Or is it actually undead? - page 2. (Read 386 times)

member
Activity: 216
Merit: 10
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I'm sure doge will always live and always grow every year. honestly I am one of the people who like and I believe the doge developers will always be active to update the doge.
full member
Activity: 640
Merit: 100
Dogecoin is really hard to analyze. Last year it was definitely a pump of the coin and I don't know will we see the same high price again. I prefer not to invest in such strange coins.
member
Activity: 289
Merit: 10
Doge coins are unlikely to die, doge coins are coins with a very large community, and are potentially ever-increasing, we can see from year to year, Doge prices continue to increase considerably
hero member
Activity: 3136
Merit: 591
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is Dogecoin dead in terms of active development and support as in left for dead?
Yes, there's no development to dogecoin but it's good as a way of paying to others when you want faster and cheaper transaction.

Does Dogecoin (or any other coin, for that matter) have to be actively developed and have a strong, solid team behind it to stay alive and be in circulation?
It has been abandoned so I doubt it that there will be developers who are willing to make it stay alive.

But this is the whole point. After all, it all comes down to acceptance and application in the end, not development. For example, there's gold which kind of hasn't been "developed" for a few billion years in this part of the Universe, but does it take anything from its value? In fact, that only makes it more valuable as (millions of) years pass by. In case of this altcoin specifically, doges are still actively used in various online casinos as they are dirty cheap and dirty fast (if I can say so). Just the fact that Dogecoin is a very fast coin proves that it is still actively circulated since otherwise you would have to wait for hours till someone confirms your transaction, which is obviously not the case.

So, is there life after death?
In real life I believe on this principle and I guess so there is also life in cryptocurrencies after death as long as there is a market cap and it's being used and traded in most of the exchanges.

hero member
Activity: 742
Merit: 526
It has been abandoned so I doubt it that there will be developers who are willing to make it stay alive.

Indeed it is true. The founder himself said once that it was a complete joke to create this coin and they no longer developing it. But what volume you see today is all because of its use made by many people as part of transaction or for the group activity of the pump and dump. This gets them lot of profit. as it is very cheap coin and at the same time it is also easy pump with small investment. This is why you see those pumps in between which are completely artificial one and thus means nothing at all.

Honestly, I don't think that this coin is easy to pump with small investment at all. But Dogecoin is interesting because its value is mostly determined by its real world utility if such a term is ever applicable to a cryptocurrency. Perhaps, it is the only coin in wide circulation that has such a unique feature. So even if it may in fact be an abandoned coin (abandoned by developers, obviously), it may still have pretty solid user base and application. It has a very convenient price in satoshi, just a few dozens, so it is easy to memorize and deal with. You always know where you are standing, kind of intuitive, and it doesn't require a lot of mental effort and calculation to understand the value of one doge in respect to Bitcoin.
newbie
Activity: 124
Merit: 0
1) Dogecoin is absolutely useless in terms of technology, so there is no demand for it now. 2) It does not develop at all, therefore people are not interested in them anymore.
legendary
Activity: 1456
Merit: 1000
I think you can forget about this token. The project has failed and it's time to move on.
legendary
Activity: 1288
Merit: 1087
it has stayed the distance and often has more transaction volume than bcash.

no one should care what the creator thinks of it. that's the whole point of crypto.

there's no reason why it can't be developed further and i'm kinda surprised it hasn't been picked up on. maybe there's an if it ain't broke don't fix it element. it would be interesting to see how receptive miners are to changes.
hero member
Activity: 3080
Merit: 603
Forget it, this is my idea. There should be 300,000 in my hands. I think it can be taken as a junk or look forward to China's next year of the dog. This may be more gimmick! Grin
Lol china's new year of dog doesn't give any contribution to the value of dogecoin. there is a lot of scalable coin outta here and I think that the doge coin is absolutely died.
A lot of my friends are using it to get the cheap fees but they have been getting trapped by the volatility of the dogecoin itself.
Haha don't include or correlate it with this year's Chinese zodiac sign. There's nothing to do with it but I like Doge, who doesn't like Doge?

Doge isn't dead yet, there's market cap for it's #42 on the CMC with a market cap of $332,795,766. See a joke coin that has that big market cap? it's not yet dead and it has been preferred of most in gambling and transfers too.

Trading volume's are still there.
member
Activity: 1344
Merit: 10
I would prefer to buy another coin! It is very risky to invest in such an old coin which was completely accidental !!!...
full member
Activity: 238
Merit: 100
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Does Dogecoin (or any other coin, for that matter) have to be actively developed and have a strong, solid team behind it to stay alive and be in circulation? Really, if there are no critical bugs, there may be just nothing to add apart from what has already been added.

It seems to me that we only need one coin, it's bitcoin, others started to have a chance because of the problems with its scaling, if it is solved with the help of the lightning network, then the need for other coins will also be lost, including the Doggy coin.
newbie
Activity: 42
Merit: 0
The dogecoin is dead because of the team members fail to develope the token. What a token need  to developed it above the rise of price in the cryptosystem. However, token development it is a great job  and the team with the developer of the token have a lot  work to do in the resiling the great result for the greater future of the token.finally, if the for mention above things is being Left out by team members and they feel the token has arrived to a greater height they being to fall. That is the problem if Dogecoin
legendary
Activity: 3248
Merit: 1402
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Recently, I saw a thread around here (it got trashed already) which was a copy-paste of an article about the early history of Dogecoin and it being mostly a joke.
.. In short, is Dogecoin dead in terms of active development and support as in left for dead? Does Dogecoin (or any other coin, for that matter) have to be actively developed and have a strong, solid team behind it to stay alive and be in circulation? Really, if there are no critical bugs, there may be just nothing to add apart from what has already been added.
If we look at the social section on coinmarketcap about dogecoin, we can see that most of the posts are not indicating any development. I suppose we could say that dogecoin is left to die by its developers. However, this doesn't mean it will. Even though there's no serious development, the community of this project is very strong to live without it. They even have some sort of their own english dialect for communication! Moreover, a lot of the use of cryptocurrencies comes from gambling. People got used to gambling with doge and there seems to be no reason to stop it, since it is fast, cheap and safe.
sr. member
Activity: 560
Merit: 251
Doge coin is one of the great coins for long-term investment, I still remember the early 2017 Doge coins price was only 2 satoshi, but this year, doge coins reached 100 satoshi, and could be next year, the price will reach 1000 satoshi
full member
Activity: 630
Merit: 100
I do not think that Dogecoin is dead, has a very strong community and has a good appreciation as a quality cryptocurrency. There are no more updates because probably its main base development has been completed, but this does not mean that in the future there will be no further general improvements of the project
hero member
Activity: 3178
Merit: 977
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I still remember certain youtubers who were active supporters of this coin and who used to shill it to high heavens last year which goes to show that it still has a loyal fanbase who are willing to stand by it no matter what(Not sure about the size though). I personally did not invest in this coin which I felt was a mistake long ago since there were chances to earn decent profit through it, but the whole joke part got to me which is why I decided not to take the risk. Kudos to you op for earning hefty profits from this coin which is regarded as the meme coin of the cryptocurrency world.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Forget it, this is my idea. There should be 300,000 in my hands. I think it can be taken as a junk or look forward to China's next year of the dog. This may be more gimmick! Grin
Lol china's new year of dog doesn't give any contribution to the value of dogecoin. there is a lot of scalable coin outta here and I think that the doge coin is absolutely died.
A lot of my friends are using it to get the cheap fees but they have been getting trapped by the volatility of the dogecoin itself.
full member
Activity: 252
Merit: 100
I think Dogecoin will not die in a short time. Although its price has been falling, there is a big reason for the market shock! All currencies are falling!
newbie
Activity: 12
Merit: 0
Forget it, this is my idea. There should be 300,000 in my hands. I think it can be taken as a junk or look forward to China's next year of the dog. This may be more gimmick! Grin
sr. member
Activity: 658
Merit: 260
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is Dogecoin dead in terms of active development and support as in left for dead?
Yes, there's no development to dogecoin but it's good as a way of paying to others when you want faster and cheaper transaction.

Does Dogecoin (or any other coin, for that matter) have to be actively developed and have a strong, solid team behind it to stay alive and be in circulation?
It has been abandoned so I doubt it that there will be developers who are willing to make it stay alive.

Indeed it is true. The founder himself said once that it was a complete joke to create this coin and they no longer developing it. But what volume you see today is all because of its use made by many people as part of transaction or for the group activity of the pump and dump. This gets them lot of profit. as it is very cheap coin and at the same time it is also easy pump with small investment. This is why you see those pumps in between which are completely artificial one and thus means nothing at all.
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