Topic: What happening with DOGE? - page 3. (Read 11281 times)

I think that the community is well established enough so a similar coin could not steal many users from it.

It has a good first-mover advantage for communities centered on fun and light-heartness.

I quite agree. I also add that I believe people underestimate just how fickle these crypto communities are. They arrived quickley, something better/funnier pops up, they can disappear just as quickly as they arrived. The ones late catching on get left holding the baby.

This is not about Pump and Dump.
but this happens because the Doge arguably the Total of the coin is unlimited.
I quite like the current Doge.
What I do is, I can exchange my BTC to DOGE, if I want to move my BTC to another exchanger.
Currently, exchangers take a fee is quite expensive.
Isn't it better to lose 0.01 DOGE than 0.0001 - 0.0005 BTC?
yeah although it will be exposed to trading of BTC - DOGE, but still it would be a loss if we request withdraw form of BTC.
DOGE price is quite stable and not much different in each exchanger.
It's another thing when you withdraw Altcoin besides Doge.
You tell me.  

Isn't the community the only thing that matters in currencies?

Who would care about the USD if there wasn't a nation of users behind it? The government and the technology behind it are not what is giving it value.

Doge has nice community , that's good but how long will it survive  with just community , that's the big question.

That makes more sense.

It is not immune to pump and dump, but at least it has a community built-up for other reasons than speculating, this is something that few other coins have in commun. Which should make the pump and dumps have less impact; the community will buy and spend their dogecoins with relatively few regards to the price.

I think that's what Bitwho meant.

What are you babbling on about son?

bingo. this is the main reason. its too much to sustain. billion coins have it much harder to sustain in buy volumes as the rare coin. However with time and as the coin go more mainstream they will overcome the other rare coins. all these coins need to do is keep having a health block chain. And we can see that dogecoin is no where near loosing their blockchain security.

look at infinitycoin. When new wave of people joined the crypto world when bitcoin spiked. you saw this coin spike up? why? because in coinmarketcap this coin was very low and new people felt they missed the train and there it was this coin that you can buy in thousands for a $

they all heard how bitcoiner regret buying the coin to cheap before to only see it worth so much now. So the see a coin like infinitycoin and rush to buy it. back then this was the lowest price coin. and with in two week the coin spiked right up.


an other factor is that the billion coins will be better distributed along the line. because the coin is immune to pump and dumps. and they will not get stuck to die at such a high price. We can see this behavior with dogecoin. Even at the top 3 coins with higher community its still was not able to keep up the wolong pump and crawled right back to the price it was trading before.

as the time passes the community is growing and the support for this coin is growing. together with billion of coin it will guarantee what such coins will slowly and healthy progress.

You sound absurd. It was always known that dogecoin was started for fun. as a joke. since the beginning. This made this coin fun and cheap and because of their good marketing it started growing. it was when it went into the hands of whales that it got pumped too much for the coin to sustain itself.

Just give it one more month while they all shibes stop being sour that this coin is not in 500 Satoshi range as they were promised and start getting used to the current corrected price and you will see how the community matters. once it turns into a fun coin again it will continue to grow in numbers.

just like litecoin, when this coin start making news again it sill spike great because of the amazing numbers and their coin distribution.

stop saying a 80 billion coin is dead because its trading in 30-40 satoshi. its pointless and make you all look desperate and overly jealous.


Oh, wait.... That's you.

As feathercoin taught us, a community is vital yes, but it takes much much more than that.