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Topic: Is Dogecoin legit? (Read 369 times)

sr. member
Activity: 812
Merit: 256
February 22, 2018, 02:38:34 AM
#52
At first Doge were done for fun but now and with time it became stabile coin with fast transactions and low fees so many users use it when want send money .
sr. member
Activity: 308
Merit: 250
February 22, 2018, 02:25:00 AM
#51
Dogecoin is one of the longest standing coin in crypto it is safe to an extent but you are better off with putting your money into something else.
member
Activity: 130
Merit: 10
February 21, 2018, 09:36:08 PM
#50
the price of dogecoin is very stable.

1 doge is always wort 1 doge.

 Huh Roll Eyes

sorry  Cheesy
newbie
Activity: 182
Merit: 0
February 21, 2018, 09:33:08 PM
#49
Doge is a coin that can be counted or still has great opportunities to reach high prices due to the many devotees but arguably still the price is still very cheap. for this year alone it looks like doge could reach twice the value of current.
jr. member
Activity: 364
Merit: 4
February 21, 2018, 09:13:21 PM
#48
Yes it is a legit coin for investment unfortunately the coin has been abandon by the developer for a long time , so probably you won't make any good profit from it, but it's not scam coin it's just old coin that seldom being used again, the chances of making profit with doge is small and the risk is high
I am quite interested in this coin although it is a very very old coin. I hope the DEV team can live again (their last update is in 2015 (Dogecoin wallet version 1.10.0))
jr. member
Activity: 364
Merit: 4
February 21, 2018, 09:08:07 PM
#47
What do you meant "legit"?
Dogecoin has been stable since 2014 and Dogecoin is really useful for donate/charity purpose
full member
Activity: 686
Merit: 131
February 21, 2018, 09:05:33 PM
#46
I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?

Dogecoin is the best.  It's living proof of the resiliency of the blockchain.
It's like a living paradox: there are no developers meaning it is "dead" yet there is a small community that actually uses it.

Every once in a while, a newbie comes on here and asks if dogecoin is a good investment.
Mostly, I think they ask that because they see how cheap it is and hope to find the next big thing.

For coins like this, you shouldn't be asking if it is a good investment or not.
Not everything about crypto is money money money.
You should ask how to get connected to the community and how to use it.

Last nov/dec, doge saw a pretty crazy pump in price.
That was because there was about a straight month time period where noobs were buying "cheap" coins left and right.
So, are you a noob or an informed investor?
full member
Activity: 420
Merit: 101
February 21, 2018, 08:56:02 PM
#45
Yesterday i read that dogecoin is a joke coin, and i said to myself that this joke has prove itself. Do you really watch that doge rise very high. But the fact so much traders start to peek doge. Finally all realized doge could be something priceless. Lol.
legendary
Activity: 1666
Merit: 1001
February 21, 2018, 04:23:08 AM
#44
Yes it is a legit coin for investment unfortunately the coin has been abandon by the developer for a long time , so probably you won't make any good profit from it, but it's not scam coin it's just old coin that seldom being used again, the chances of making profit with doge is small and the risk is high
sr. member
Activity: 1079
Merit: 352
February 21, 2018, 04:13:05 AM
#43
dogecoin is like the coin that's was there for a long time with dead updates, people still mining and using it because it's cheap for transfer, with btc price skyrocket (i know it's cheaper now), using doge to transfer between exchange can save you a dollar or two.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
February 21, 2018, 04:04:42 AM
#42
I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?

you should invest in altcoin other than degocoin. such as eth, waves or ripples. there are better than degocoin. learn and analyze it first before you really invest.
newbie
Activity: 101
Merit: 0
February 21, 2018, 03:58:55 AM
#41
Dogecoin is an Altcoin designed to multiply the user population larger than Bitcoin. In addition, Markus, the developer behind it, wants to keep Dogecoin happy, to stay away from Bitcoin's controversial past (for example, Bitcoin is being widely used in black markets like Silk Road) . So I think it's legal
member
Activity: 142
Merit: 11
February 13, 2018, 10:20:39 PM
#40
yeah i think doge is going to be around for a long time
and its value will go up in time like all other legit coins
its not a erc20 out of thin air coin aka(SCAM) coin
hero member
Activity: 966
Merit: 501
February 13, 2018, 10:19:02 PM
#39
I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?
Doge coin is already inactive/dead coin for about 2.5years which means there is not development going on,It was created just for fun a meme coin which doesnt have any use in the market,its morelikely a copy of bitcoin which has faster transaction confirmation and lower fees.Now tell me is that a good investment? no active developers and had been dead for years?if you will find more if you did your research.

You are telling the truth.
The uniqueness of Dogecoin is that it has a long history and big community.
It is still possible to be pumped again.
newbie
Activity: 54
Merit: 0
February 13, 2018, 10:17:09 PM
#38
At first I was iffy about Dogecoin, but it has value in transfering between exchanges.
full member
Activity: 477
Merit: 100
February 13, 2018, 10:16:12 PM
#37
Any crypto coin has very big risk. Since it is only digital asset investment. But it is very good for trader since the fluctuation price is significant and its price is very cheap, the day trader can get huge income from this coin. If you want lomg term investment then I will suggest you to buy XCPO, it is masternode coin, you also can stake it. One of good coin which also provide pasive income. Its developer will launch ecommerce marketplace in march then we can use our coin to buy goods in that platform because they not only accept XCPO or btc but many more coin are accepted in the platform.
sr. member
Activity: 826
Merit: 252
February 13, 2018, 10:09:20 PM
#36
I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?

I left dogecoin a year ago because after hold almost 6 month I got nothing. Even today there's a lot of information, articles or positive news about dogecoin I'll ignore it. I only use dogecoin to support my transaction if bitcoin network has delay and wasting time collect from doge faucet. About invest/ trade in doge the answer is still the same, " No ".
newbie
Activity: 34
Merit: 0
February 13, 2018, 10:01:29 PM
#35
Yes Dogecoin is a legit .many investor already use this kind of coin and it can invest to the dogecoin
full member
Activity: 434
Merit: 104
Esport Ecosystem
February 13, 2018, 09:58:39 PM
#34
despite it is legit or not this coin has very large market, huge dailly trading volume and on top 50 CMC list make this coin are stable at the price, for me I love this coin because it is fast and cheap transaction fee, I use it for transfer my "money" between exchanger ( because BTC fee are very High ATM I trade my btc to doge and then transfer to my local exchanger ).
hero member
Activity: 2730
Merit: 632
February 13, 2018, 09:57:33 PM
#33
I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.

All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?
Only people who do lose up huge sums of money do called it as a fake coin which isnt true. If you do try out to trace up the history of this dogecoin then you might be shocked since this coins is almost nearly aged with bitcoin which means its been here for how many years already but still do have the value even though it is low which is considerable seeing only into its total supply then its normal to think off.
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