Topic: Is May 8 the Dogecoin bubble burst date? (Read 338 times)
Well, I think anything can happen in the world of cryptocurrency and you might not expect that DOGE will go to the moon at 1 dollar making many DOGE hodlers very very rich in the process. Be prepared though because once the dump happens then you will not be prepared and all your hard earned cash converted to DOGE will go bust. I am not sure what Elon Mush intends to do with all his DOGE but he did mentioned that he wants to get funds for his Mars mission so I guess that is the way for him to get the funds that he needs. I put 10 dollars in DOGE now just for play since my 10 dollars is just a leftover amount in my exchange but lets see. I will be amused if that 10 dollars will become 50 dollars once the bull happens with the coin.
Yes ,, this is the right way to own BTC by selling our DogeCoin. and I am very sorry that a few months ago I had Doge and squandered it. I never thought that Doge's price would increase like this ..
No regrets mate on any thing that I have let go. Like you I too had some Dogecoins that I sold off just some days before all this Dogecoin hype and I know for sure I would have made more if I still had them now but even when I sold, it was profits so no regrets and i seriously hope investors will watch the market closely for sudden downward price movement cos there could be a huge sell off. 
I have now sold my Doge asset for $ 0.48. Even though it has been increasing continuously, now I have reached the target I wanted. although there is little regret. Regarding the bubble that will occur, we cannot guess because the doge's movement has so many factors, one of which is influenced by Elon Musk, which is able to change market conditions in a short time. and later when bitcoin goes down it will also make prices go down
I remembered the similiar things just like when ETH 2.0 date launch is announced, everyone is on the hype and buying the coins and when the day is coming, nothing happened and the price was likely to down. So i think when someone big influence people to buy a coin, the price will go high after the statement announced, but when the day is coming, the price will crash. But i think doge is still a good long term investment though
Doge has performed incredibly well when no one thought that the coin could pull its recent price surge stunts, no thanks to Elon Musk staunch support.
I really don't think that Doge would crash hard after May 8, though there could be price correction after the show, as long as Elon Musk still keeps talking and tweeting about it. He's got a global influence.
I really don't think that Doge would crash hard after May 8, though there could be price correction after the show, as long as Elon Musk still keeps talking and tweeting about it. He's got a global influence.
Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings 
https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash
https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash
it depends on what he will say about the doge at that time. if he's still a staunch supporter, it can even be more than 1$, I think doge will go up 3-5x. there will be a lot of speculation ahead of his appearance later. and all that would make for a very big pump on the market.
Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings
https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash
Finally, we got some news about Dogecoin. Definitely we will see a dump surge of Dogecoin. Whether Dogecoin crosses 1 USD or not, maybe this month we started to get the final value of Dogecoin. After 8 May, we will know how Elon Musk has been pushing up the Dogecoin. Before the fourth quarter of next year, "Dogecoin" will be out of the top 30 altcoins.https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash
yeah maybe that would be the worst case scenario for doge. May 8 will be the determination for future doge's. and how is elon going next, what will he say next. this is still an interesting thing to note.
How amazing to see doge coin price is very high. Elon musk supported doge coin and even big company is engaging en doge coin now, when i started in crypto world doge is only at 20 sats and now doge is in top5 in marketcap. Literally doge coin is in sleep for years and now dogecoin is making all time high and everybody is keep buying.
I have heard about the developments up to that date, I have been working in the field for many years and I have also extracted 10% of my assets to buy doge coin since it was noticed by Elon Musk at that time. It costs around $0.004 and I am sure it will be fomo higher than $1, although I also think it is risky and those who are using all their assets to join are really stupid when they are in short supply formula for this market.
I own 0 doge and i have been supporter of cryptocurrencies since 2014, it is really scary if dogecoin bubble burst. Look at this coon rich list. Many people will dump it, their github littlebit active nowadays but its not indication this coin is worth $0.60. Let see what happen in 8 may.
What do you expect from coin that only up because one person tweet ?
" Buy rumor sell news "
What do you expect from coin that only up because one person tweet ?
" Buy rumor sell news "
Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings
It obvious that everyone now wants the price of Doge to rally to a extend that we never thought possible and what surprises me is that the price keeps on rallying and if you think that it will follow the same path like XRP then they rallied from that slump and the reasons behind that correction was the SEC lawsuit and still it was able to overcome it and cruised over a dollar after that crash.
dogecoin has become such that it only survives on tweets. Without tweets, Dogecoin would not be able to rise at all. Of course, I think Dogecoin will fade out one day. it can't go like this forever. these rises are hollow ascents. it shows rises that can easily decline. Dogecoin is a coin that is invested only for the purpose of enrichment, understood as a tweet investment order and put money.
Those people who are holding doge should be attentive and give enough attention to doge market trend starting May 7 to May 8. Those dates are so dangerous because millions of people are waiting and taking an eye for doge to pump. If they didn't watch its trend, they could lose and left in the air in an instant.
we have two possibilities in that date. maybe fomo will stoped and doge holder will start selling their bag to take profit. just for information doge price already rose extremely and we should carefull if suddenly drop. and second possibility when elon musk said doge was as an alternatif or used as mass coin which is everyone could have it.
Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings
https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash
Finally, we got some news about Dogecoin. Definitely we will see a dump surge of Dogecoin. Whether Dogecoin crosses 1 USD or not, maybe this month we started to get the final value of Dogecoin. After 8 May, we will know how Elon Musk has been pushing up the Dogecoin. Before the fourth quarter of next year, "Dogecoin" will be out of the top 30 altcoins. https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash
We don't know if the bubble is going to burst or keep getting bigger by then, we just have to wait and see if Elon live show will bring a positive effect on dogecoin or negative effective, for now let's sit back and wait for what's to come, cause sometimes these media houses just make little things look big, sometimes they can even cause panic among crypto users, so don't believe every thing you see on those media websites.
The hype of this coin is getting too big. Honestly, I don't like this current situation right now, not because I am jealous that many people have profit from this, but for everyone who being through 2017-2018 period, I'd better invest in a project that has a real product than coin that go up just because of the hype.
Right now it is about 60 cents or so, that’s as high as it has been in history (even though it peaked above 67 cents for a short burst) and that is really unexpected, I believe it will definitely change somethings in the crypto world. With the SNL sketch I am sure that it will not really be a bad deal, it will probably not only go up, it will skyrocket. Don't get me wrong I find this increase as weird as any other old head, these new people who are from WSB I suspect all ended up doing something we couldn't even imagine, they all aped into something they shouldn't but they have done that in GME and AMC as well so I am not shocked about their power.
Plus they are making so much money that they do not care about putting some more into it, they make money from one, put it on other make profit there and put it on the other. So this SNL situation could seriously increase it.
Plus they are making so much money that they do not care about putting some more into it, they make money from one, put it on other make profit there and put it on the other. So this SNL situation could seriously increase it.
This is a very interesting game they are playing. If they will really put their funds into this. $1 is very possible for doge. But what happens next is yet to be seen? If it will indeed hit $1, I guess, for those holders, better sell some or all of it. Because high chance that it will go down afterwards. What will be the reason that it can sustain the $1 or more? Are these people going to inject more funds forever?
Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings
https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash
https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash
I think now every time Elon Musk makes a tweet about cryptocurrency it will be a sign that the price of a coin will go up, ELon Musk will use this to easily profit. congratulation holder Doge
I'm hoping that you will sell it and put your profit in bitcoin. But what if $1 didn't meet by that day? do you have another plan to keep holding it or you're already in profit.
And if that price fails to be seen on that day, you'll sell whatever the price is?
And if that price fails to be seen on that day, you'll sell whatever the price is?
Jump to: