Is Dogecoin a real coin? - page 2. | Bitcointalksearch.org

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Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Is DOGE a real coin?? Yes it is a real coin or at least it is considered as a well-established digital currency right now because it has been there for a long time and there are some who are using it for transaction purposes.
Is DOGE have a good potential?? The fact that this coin is just a meme coin, the fact that the price of it is heavily driven by hype and the fact that this coin has an unlimited supply is a proof that this hasn't have any potential or at least there are no reasons to hold it long term in my opinion.

DOGE isn't a fake coin but considered a meme coin, a hyped coin and a pump and dump coin.

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Quote from: Lizzylove1 on April 16, 2021, 09:30:25 PM

Doge coin is a real coin. Elon Musk must have instigated the previous pump, but has since been taken over by the crypto community. It has no active developers as at when it was been trending. It's a Meme coin and it's equally a show of people's power when they are united. these days meme and experimental tokens are pumping. Look at SHIB, FREECOIN, SAFEMOON they are been inspired by dogecoin.

those you mention are new tokens that are here to enliven the market.
will either be like a doge or not. but doge has a bigger market. Their community is strong because indeed many holders come from miners and big market communities.

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Doge coin is a real coin. Elon Musk must have instigated the previous pump, but has since been taken over by the crypto community. It has no active developers as at when it was been trending. It's a Meme coin and it's equally a show of people's power when they are united. these days meme and experimental tokens are pumping. Look at SHIB, FREECOIN, SAFEMOON they are been inspired by dogecoin.

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Dogecoin isn't a *fake coin* like most altcoins you see around, which are product of speculative ICOs. Dogecoin has a long story in crypto universe since many years ago, since 2013. It is seen as a legit funny currency and for this reason many people joined the hype. I'm not sure, however, if there is a technical explanation behind doge's pump, besides cheap transaction fee.
It looks like doge's fan base is really strong and was hugely boosted recently by Elon Musk fans and himself investments as well. That is all...

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Dogecoin is a meme coin, nothing special, technically and fundamentally unattractive, and the price has gone up recently due to strong market sentiment due to elon musk tweet.
Be careful if you want to invest in Dogecoin, my advice is to look for another coin that is better, like HOT, the price is still cheap and fundamentally or technologically better than Dogecoin

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Quote from: vs2014 on April 16, 2021, 04:41:16 PM

I agree that Dogecoin is a real currency that has wide popularity, It started out as a joke. Now, defying all odds, dogecoin is worth $40 billion, and its price has risen by a whopping 400% in the last seven days, I think that this currency will have an effect in the future, and I advise everyone to invest it.

I don't think a lot of people see Dogecoin as an asset that has the capability to do all of this.
the community and the market are wide, but there is no real function of this altcoin. that is the reason most people will not hold Dogecoin in the long run.
but now all the thoughts about bad assets and meme assets have been broken. the strong pump makes doge is currently much talked about by the community.

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I agree that Dogecoin is a real currency that has wide popularity, It started out as a joke. Now, defying all odds, dogecoin is worth $40 billion, and its price has risen by a whopping 400% in the last seven days, I think that this currency will have an effect in the future, and I advise everyone to invest it.

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Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Yes of course, dogecoin is a real cryptocurrency, I can't say anything about its potential I think that's up to you to do a proper research before thinking of investing, doge is driven by its large community I don't know if it has potentials, but seeing the price pump crazily since yesterday makes me remember we are in the crypto world where any coin can just pump for no reason, and there isn't any active developments happening on dogecoin that's because the core devs have already abandoned the project a long time again.

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Quote from: kevinzxz on April 16, 2021, 02:11:29 PM

Doge was made just to joke (meme coin), but I didn't think that the price could go up that high and I think Doge price could reach $1 if Doge had a lot of support and became more popular, but of course the risk of investing in Doge is also very big, because the possibility that the price of Doge could fall can also happen, therefore if you do not dare to invest with a big risk, then I do not recommend you to invest in Doge.

It's true that doge has lots of support from the community, but due to overpriced of doge I think it more suitable to say it as "lots of influencers shilling doge (pumped) lately" rather than calling it as support, lol. And yeah I have the same thought if it is not the best time to jump in into doge right now.

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Quote from: corel on April 16, 2021, 08:42:36 AM

Dogecoin = PumpingCoin

This coin was created for the lulz. Just look at it's course now. Greatest LOL

Since when did the term Dogecoin name change to Pumping Coin so you immediately say it's great at this point while Dogecoin tokens have been circulating in the crypto space for a long time. LOL

he thought Dogecoin was an asset that had just entered the crypto market.
actually, Dogecoin has been very popular and has been in the crypto market for so long. especially for gambling lovers, surely they also know how crypto gambling sites use Dogecoin.
I also first got to know Dogecoin from a gambling game. and it looks very popular in the community.
And when you look at what is currently happening to Dogecoin, maybe a lot of crypto gamblers regret having to waste their Dogecoin for nothing because the price is currently experiencing a high increase.

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Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

It is a real coin, in fact one of the oldest. It has any excellent use case? Other than the fact it is used for tipping users in community, nope. It gets pumped and dumped regularly. Every time Elon says "doge", the price skyrockets and then falls. Dogecoin didn't have any active development until the last price rise. When the price started to go up, the developers decided to work again and keep it updated (at least that's what I have heard).
Not a fake coin, has active community but too risky to invest.

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Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Doge was made just to joke (meme coin), but I didn't think that the price could go up that high and I think Doge price could reach $1 if Doge had a lot of support and became more popular, but of course the risk of investing in Doge is also very big, because the possibility that the price of Doge could fall can also happen, therefore if you do not dare to invest with a big risk, then I do not recommend you to invest in Doge.

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i aactually expcted to see this kindda topic considering the fact that dogecoin became the top top 10 coins with coinmarketcapitalization. let me borrow the words of my friend Ryan Allis "Doge is absolutely worthless in the long run. Just market manipulation by retail traders. No actual project or value behind it. Nothing at all runs on it."

Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Nightz

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Quote from: JooBra on April 16, 2021, 01:28:57 PM

Quote from: Mauser on April 16, 2021, 12:56:14 PM

Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Dogecoin is a real coin. It has been around for years and definitely will be around for the future. It might not be as popular as BTC or ETH but still there are plenty of investors. If you look at the dogecoin price you see that there was already higher trading before the Elon Musk tweet, this is due to a higher interest from reddit users. If you already own coins I would keep them and if you want to buy some, I would keep an close eye on the price and buy when the price drops a bit.

Well I agree with you for people who bought it under 5cents. Buying now it's not smart since the price is pumped to much. I think this is not real price( to much pumped ) of DOGE even in bull run.

Correct me if I am wrong but doesn't Dogecoin have very low transaction fees? That would be a good reason for it to be used as long as it is solid and a properly functioning network. That seems to be the case for now.

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Quote from: Mauser on April 16, 2021, 12:56:14 PM

Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Dogecoin is a real coin. It has been around for years and definitely will be around for the future. It might not be as popular as BTC or ETH but still there are plenty of investors. If you look at the dogecoin price you see that there was already higher trading before the Elon Musk tweet, this is due to a higher interest from reddit users. If you already own coins I would keep them and if you want to buy some, I would keep an close eye on the price and buy when the price drops a bit.

Well I agree with you for people who bought it under 5cents. Buying now it's not smart since the price is pumped to much. I think this is not real price( to much pumped ) of DOGE even in bull run.

Mauser

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Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Dogecoin is a real coin. It has been around for years and definitely will be around for the future. It might not be as popular as BTC or ETH but still there are plenty of investors. If you look at the dogecoin price you see that there was already higher trading before the Elon Musk tweet, this is due to a higher interest from reddit users. If you already own coins I would keep them and if you want to buy some, I would keep an close eye on the price and buy when the price drops a bit.

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Quote from: masphie on April 16, 2021, 10:06:36 AM

doge coins have been participating in cryptocurrencies for a long time, and before any new coins appeared, doge was one of the favorite coins of the lower middle class investors. This is my assumption.

But it has no value until recently when Elon Musk started to pump this coin through his tweets. It might perform well in the current bull run all because of its hype but i don't think this coin can be in our holding portfolio. Just buy this coin and exit it as soon as it pumps.

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Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Dogecoin is a real coin, there is no doubt about it. However there is no technology or project behind this coin. It is one of the oldest coin in the industry and people call it a "Meme Coin"
You can invest in this coin only if you think it can pump by the elon musk tweets but fundamentally and technically there is nothing much in this coin.

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Quote from: hack3rcon on April 16, 2021, 06:21:49 AM

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

It is not difficult to know many things if you treat the internet as one of the places of information. I came across an interesting article that has been published since 2013 and maybe you can find some information there. What is Dogecoin? The Meme that Became the Hot New Virtual Currency.

Doge is a legitimate cryptocurrency just like any other cryptocurrency. Regarding the price pump, there are quite a number of reason that exist even though people continue to associate Elon Musk as the main culprit. The technology in Doge Coin can be said to be more similar to Litecoin, where transaction speed is preferred.

Cengghengmania21

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If I say DOGE is a fake coin in my opinion it is inappropriate. however doge was created for game coins only in the beginning. but if we come back again about developments in cryptocurrencies anything can happen in an alt

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