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Topic: The point of Dogecoin. - page 3. (Read 862 times)

full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
July 04, 2021, 05:59:28 AM
#67
The current trend of the market looks like there is an exodus for coin memes. I see a lot of meme projects popping up, and they often think they will become doge coins, but admittedly doge coin has lost its appeal.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
July 04, 2021, 04:24:54 AM
#66
Of course
if Elon daily posts good tw about it, I think it's the easiest field to drive growth from doge coin.
Maybe we shouldn't expect too much from it, i think the coin meme trend has lost its appeal.
Perhaps Elon's influence has cooled down, as his recent twitter lines have not brought much great things to doge coin.
I am also a non-supporter of this coin, if only thinking about profit and creating a negative then I think it deserves to be cursed.
Yes, certainly
the influence of Elon has no longer received the response of everyone. And it seems that more and more people are boycotting Elon and Doge coin, I also think doge coin will soon fall to the numbers it should be.
full member
Activity: 773
Merit: 101
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July 03, 2021, 08:58:28 AM
#65
I don't know what to say because I realize that there are still a lot of people who have great faith in Doge coin, although not denying its growth over time, but what we see from it is hype pure and soon the doge coin bubble will burst. But it's still happier to profit from it wisely anyway, and my experience with Doge coin is gratifying.

I also produced something satisfactory from Doge in the past few months but I advise not to go big with a comeback because there is no certainty that guarantees Doge will explode again at a price that surprises many people. But if you believe in all that then do it.
sr. member
Activity: 1960
Merit: 273
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July 03, 2021, 08:51:34 AM
#64
I don't know what to say because I realize that there are still a lot of people who have great faith in Doge coin, although not denying its growth over time, but what we see from it is hype pure and soon the doge coin bubble will burst. But it's still happier to profit from it wisely anyway, and my experience with Doge coin is gratifying.

Almost all cryptocurrency that dont have a real use case will only rely in HYPE to increase its price. DOGE is just lucky to have Elon Musk supporting its growth and helping it pump.
but what dogecoin is considering and maybe Elon is also paying attention to the market and community that supports dogecoin. Elon came when Dogecoin actually had all that well.
and luckily when Elon comes the hype momentum can be created well. maybe it can happen with other projects too. but I think Elon is currently not trusted by many followers.
sr. member
Activity: 897
Merit: 284
July 03, 2021, 08:45:11 AM
#63
Of course
if Elon daily posts good tw about it, I think it's the easiest field to drive growth from doge coin.
Maybe we shouldn't expect too much from it, i think the coin meme trend has lost its appeal.

Despite the large number of published tweets by Elon Musk about Doge, they do not have the same power as they had before. An increase in the price by 10-15 percent can not be compared with the spring pumps, when the price of the coin increased by 200-300% in one day.
He does not have the real power to move the market in a huge way, only just few percents increase which is not substantial enough to change the market outlook entirely. I believe his power to influence the market is becoming reduced and most tweet hunters are still highly interested in his tweets maybe a sure means for them to make few dollars from the small move which can be sometimes profitable if one is smarter enough.

I don't really think those small moves in the price of Doge can give a good profit to traders who are not in the market to gamble. Alot of gambling traders might still find his tweets interesting since they're just their to trade the spikes or maybe just scalp the market.
hero member
Activity: 1316
Merit: 514
July 03, 2021, 08:26:45 AM
#62
I don't know what to say because I realize that there are still a lot of people who have great faith in Doge coin, although not denying its growth over time, but what we see from it is hype pure and soon the doge coin bubble will burst. But it's still happier to profit from it wisely anyway, and my experience with Doge coin is gratifying.

Almost all cryptocurrency that dont have a real use case will only rely in HYPE to increase its price. DOGE is just lucky to have Elon Musk supporting its growth and helping it pump.
sr. member
Activity: 1666
Merit: 292
Eloncoin.org - Mars, here we come!
July 03, 2021, 08:16:36 AM
#61
OP should be wondering what do we need from such coins, after many years of being in this market I feel it doesn't deserve such a high rating. But anyway, nothing is impossible for a market that is still very new to many people, I personally always believe that Doge coin will soon fall to 0.0..

Agreed, no one need the coin with virtually infinite supply due to the lack of halving in its PoW algo. Apart from that, Dogecoin is crypto that can be easily manipulated by mere scattering of  people like Musk and such, as around 40% of all circulated  coins belongs to ten addresses. Dogecoin was and is a ridiculous joke.
We all realize that and newbies are always trying to find ways to make excuses for every problem, that's okay! Because time will have the best answer to its problem.
Personally, I have also received quite a bit of profit from fomo following this coin, but everything should stop, at the right time and accept everything.
full member
Activity: 826
Merit: 104
July 03, 2021, 08:05:38 AM
#60
Of course
if Elon daily posts good tw about it, I think it's the easiest field to drive growth from doge coin.
Maybe we shouldn't expect too much from it, i think the coin meme trend has lost its appeal.
Perhaps Elon's influence has cooled down, as his recent twitter lines have not brought much great things to doge coin.
I am also a non-supporter of this coin, if only thinking about profit and creating a negative then I think it deserves to be cursed.
legendary
Activity: 2268
Merit: 1655
To the Moon
July 03, 2021, 07:46:13 AM
#59
Of course
if Elon daily posts good tw about it, I think it's the easiest field to drive growth from doge coin.
Maybe we shouldn't expect too much from it, i think the coin meme trend has lost its appeal.

Despite the large number of published tweets by Elon Musk about Doge, they do not have the same power as they had before. An increase in the price by 10-15 percent can not be compared with the spring pumps, when the price of the coin increased by 200-300% in one day.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
July 03, 2021, 07:28:27 AM
#58
Of course
if Elon daily posts good tw about it, I think it's the easiest field to drive growth from doge coin.
Maybe we shouldn't expect too much from it, i think the coin meme trend has lost its appeal.
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
July 03, 2021, 06:43:51 AM
#57
I don't know what to say because I realize that there are still a lot of people who have great faith in Doge coin, although not denying its growth over time, but what we see from it is hype pure and soon the doge coin bubble will burst. But it's still happier to profit from it wisely anyway, and my experience with Doge coin is gratifying.
sr. member
Activity: 1596
Merit: 264
July 03, 2021, 06:29:05 AM
#56
Off-forum it was claimed by some people to be used as a tipping coin in Reddit.
I am not sure why would such "tip" happen there, because mostly it is now either Award or karma system there.
Other than that, I can't think of any practical uses it can do anyway.

Source: What is the most practical use for Dogecoin in everyday life?
sr. member
Activity: 1414
Merit: 326
July 03, 2021, 03:29:06 AM
#55
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?

I remembered when the time Dogecoin began to pumped its price value after Elon Musk posted at twitter, Shiba Inu was also suddenly
pumped its price too in the market, in which I think this SHIB has a chance to kick its price just like what Dogecoin did recently past months, am I right on this thoughts of mine?
I think there are a lot of great opportunities to pump in Shiba Market. This project is in a very good position in the crypto market and traders are coming that its price will go up a lot although the price of dogecoin has increased it has started to decrease.
hero member
Activity: 2016
Merit: 540
Leading Crypto Sports Betting & Casino Platform
July 03, 2021, 03:18:45 AM
#54
This goes back to the origin of Dogecoin. Dogecoin was created to meme Bitcoin for fun. It didn't make any sense from the beginning.No one expected Elon Musk to take a fancy to Dogecoin, which started this craze Dogecoin hype.
Exactly and I think even the doge owners would have given up any hope on the coin but suddenly a rich guy starts shilling and people hate/love dogecoins while the coin was meant to be a meme and it's not doge's fault if a rich guy is pumping it. It's a decentralized market and anyone can pump any coin if they have the capital for it or have the influence like Elon has.

It's cheap and fast like Tron for a long time it has a huge market and people considered it as a meme coin, but now it becomes a prominent coin this year because of Elon Musk support, the first coin that Elon pour out his support, because of this we now have a lot of meme coin, Doge is a classic example of a coin that support for one big whale can make a difference.
After all the pumping, I don't think it has become a prominent coin because even now people don't fancy buying dogecoins other than just to sell them for a higher price.

A prominent coin is like bitcoin where people invest and have faith for years while with dogecoin investment, you don't know if next morning you will have even 50% value or not.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
July 03, 2021, 02:25:15 AM
#53
There is no point to dogecoin, there never was a point about dogecoin. https://twitter.com/BillyM2k/status/1392952014854778883  Look at this and make up your own yourself without getting any information from me. This is of course about the earth and if doge was hurting it or not so he replied as a joke.

However realize that doge was created in 2 hours as a joke and nothing more, there were never any intentions of making it this big, there were never a reason for it to be this high, it was just a joke and we should have laughed at it when it first started and that's it, we shouldn't have kept investing into it more and more because that was literally NOT the intention of dogecoin being created. If you still want to invest into something even the creator didn't care about while creating, then go ahead and invest into it but it definitely doesn't worth a cent.
full member
Activity: 896
Merit: 100
July 03, 2021, 02:06:43 AM
#52
Doge coin is listed on every other crypto exchange including coinbase , transaction speed is very fast like Tron and huge community is following it. The price it has reached through tweets of Elon Musk won't sustain in the long term. Traders like its volatility because that creates opportunity to make money for Professional traders by going long and short.
but dogecoin has a pretty strong market right now. although there is a decline, you can see for yourself that it is not a big dump. everything happens gradually. and it shows that the dogecoin community and market are indeed strong.
actually, this was built before Elon did the hype. and the momentum built after Elon said all that on social media. I hope, Dogecoin can regain its position and become a better asset, not seen as a meme coin marketed by many influencers.
hero member
Activity: 2912
Merit: 556
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July 03, 2021, 01:48:01 AM
#51
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?

I remembered when the time Dogecoin began to pumped its price value after Elon Musk posted at twitter, Shiba Inu was also suddenly
pumped its price too in the market, in which I think this SHIB has a chance to kick its price just like what Dogecoin did recently past months, am I right on this thoughts of mine?
That is the highest price of Dogecoin that we have already seen because the last high price a few years ago was not too high as the last. Dogecoin was getting help from Elon's tweet to make the price lift so high and give a big profit to people who have a lot of Dogecoin. But Dogecoin can help you to save the fee and having a fast confirmation for the transaction. Perhaps, that is the usage of Dogecoin so far. But I will not have a problem if Dogecoin will be a pump and dump coin to give us more opportunities to use Dogecoin to make a profit.
sr. member
Activity: 1190
Merit: 253
July 02, 2021, 11:16:29 PM
#50
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?

I remembered when the time Dogecoin began to pumped its price value after Elon Musk posted at twitter, Shiba Inu was also suddenly
pumped its price too in the market, in which I think this SHIB has a chance to kick its price just like what Dogecoin did recently past months, am I right on this thoughts of mine?
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
July 02, 2021, 08:25:47 PM
#49
This goes back to the origin of Dogecoin. Dogecoin was created to meme Bitcoin for fun. It didn't make any sense from the beginning.No one expected Elon Musk to take a fancy to Dogecoin, which started this craze Dogecoin hype.


Doge coin is listed on every other crypto exchange including coinbase , transaction speed is very fast like Tron and huge community is following it. The price it has reached through tweets of Elon Musk won't sustain in the long term. Traders like its volatility because that creates opportunity to make money for Professional traders by going long and short.
sr. member
Activity: 1512
Merit: 326
July 02, 2021, 07:58:17 PM
#48
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?

I've been a Doge Coin user for a long time because at that time you can had many doge coin and its so fun for using it for gambling and the fees are very small. and I think the point of doge coin is this coin a meme coin for bitcoin community. But after Elon Musk come and start supporting that coin . its become like what you think. and many I think this coin is dangerous if your goal is long-term investment. because its no real purpose at all. just for meme for community at that time.
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