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Topic: What is happening with Dogecoin - page 2. (Read 981 times)

full member
Activity: 201
Merit: 100
Proof-of-Asset Protocol
September 21, 2017, 08:11:01 AM
#11
typical dogecoin moves, i still dont know why people following this one
full member
Activity: 560
Merit: 112
September 21, 2017, 08:06:31 AM
#10
The usual pump n DUMP stuff with this coin ... nothing new. I wonder why people invest in this sh*t ? You have better chances for a profit by putting all on red lol.
member
Activity: 71
Merit: 10
September 21, 2017, 08:04:12 AM
#9
Even with all the volatility in the market, the Chinese ban etc.....we haven't yet seen mainstream adoption of cryptocurrencies/altcoins. When we do, that's when you will pumps of all sorts of coins due to hype, fomo and lack of general undmanager distancing of coins in general.
I have some doge and definitely going to hodl for this reason.
sr. member
Activity: 569
Merit: 250
September 21, 2017, 07:27:07 AM
#8
for a long time ,i didnt buy this coin , i saw it rose , and being dumped, i thought at 40 its gonna rise again , so i bought it and instead of rising it were dumped, so i bought again at 32, 28, 25  and 23 ( i would buy it at 20 also if i had more btc) .... its not rising at all .....

what dit i missed??

aaah i think i missed this :

Quote
Before all this China banocalypse,the largest DOGE exchange in China,BTC38 had about 11.46 billions of DOGE in their cold wallet - D8EyEfuNsfQ3root9R3ac54mMcLmoNBW6q. From 13-15th.Sep,about 50% went to Poloniex and Bittrex,causing massive drop of price from 36 to 22 sat.Now, there are 6.2 billions of DOGE in BTC38 Doge wallet ,so we have to expect one more big wave of selling till to final closure of exchange.Problem is that market on Poloniex and Bittrex is not so deep to absorb one more big wave of selling - just 2 billions deep of DOGE Buy orders (to 7sat) on Poloniex.We will probably see DOGE on all time low price, 4-7 sat and then slow recovery.

gonna make an buy wall at 10 , you knever know Smiley
That just like a big bet in doge, If you are expecting the price will recover again but what will happen if the price will still plunged to the bottom, like i buy the doge in 7 satoshi each and in the future that worth 3 satoshi each.
hero member
Activity: 909
Merit: 508
September 21, 2017, 06:37:51 AM
#7
Just look up the history charts of dogecoin and Bitcoin. Dogecoin is, like many alts, the bitcoin price with little differences. Although it is an infinity coin, it has raised its worth for years
hero member
Activity: 1540
Merit: 502
September 21, 2017, 06:13:52 AM
#6
It might be because doge has an unlimited coins.
So with its amount of coins that never ends, if so, it's gonna be so hard for the price to go up.
I personally use doge only for small transactions, such as wd or deposit to other exchanges.
aaah i think i missed this :
Quote
Before all this China banocalypse,the largest DOGE exchange in China,BTC38 had about 11.46 billions of DOGE in their cold wallet - D8EyEfuNsfQ3root9R3ac54mMcLmoNBW6q. From 13-15th.Sep,about 50% went to Poloniex and Bittrex,causing massive drop of price from 36 to 22 sat.Now, there are 6.2 billions of DOGE in BTC38 Doge wallet ,so we have to expect one more big wave of selling till to final closure of exchange.Problem is that market on Poloniex and Bittrex is not so deep to absorb one more big wave of selling - just 2 billions deep of DOGE Buy orders (to 7sat) on Poloniex.We will probably see DOGE on all time low price, 4-7 sat and then slow recovery.
gonna make an buy wall at 10 , you knever know Smiley
So that's what happened, huh.

i think so , dont have other explanation....
sr. member
Activity: 700
Merit: 250
September 21, 2017, 05:51:56 AM
#5
All people have no profit when investing in Doge, which causes the market to drop in price in just two months. I hope the Doge development team needs to take measures soon because I am so disappointed with this market.
full member
Activity: 448
Merit: 100
September 21, 2017, 05:42:19 AM
#4
It is a trash coin, no doubt about that but it is the best trash coin and its coin distribution is not fair so this dump seems very normal to me. Keep away from this kind of coins.
sr. member
Activity: 602
Merit: 253
September 21, 2017, 05:32:10 AM
#3
It might be because doge has an unlimited coins.
So with its amount of coins that never ends, if so, it's gonna be so hard for the price to go up.
I personally use doge only for small transactions, such as wd or deposit to other exchanges.
aaah i think i missed this :
Quote
Before all this China banocalypse,the largest DOGE exchange in China,BTC38 had about 11.46 billions of DOGE in their cold wallet - D8EyEfuNsfQ3root9R3ac54mMcLmoNBW6q. From 13-15th.Sep,about 50% went to Poloniex and Bittrex,causing massive drop of price from 36 to 22 sat.Now, there are 6.2 billions of DOGE in BTC38 Doge wallet ,so we have to expect one more big wave of selling till to final closure of exchange.Problem is that market on Poloniex and Bittrex is not so deep to absorb one more big wave of selling - just 2 billions deep of DOGE Buy orders (to 7sat) on Poloniex.We will probably see DOGE on all time low price, 4-7 sat and then slow recovery.
gonna make an buy wall at 10 , you knever know Smiley
So that's what happened, huh.
hero member
Activity: 1540
Merit: 502
September 21, 2017, 05:28:00 AM
#2
for a long time ,i didnt buy this coin , i saw it rose , and being dumped, i thought at 40 its gonna rise again , so i bought it and instead of rising it were dumped, so i bought again at 32, 28, 25  and 23 ( i would buy it at 20 also if i had more btc) .... its not rising at all .....

what dit i missed??

aaah i think i missed this :

Quote
Before all this China banocalypse,the largest DOGE exchange in China,BTC38 had about 11.46 billions of DOGE in their cold wallet - D8EyEfuNsfQ3root9R3ac54mMcLmoNBW6q. From 13-15th.Sep,about 50% went to Poloniex and Bittrex,causing massive drop of price from 36 to 22 sat.Now, there are 6.2 billions of DOGE in BTC38 Doge wallet ,so we have to expect one more big wave of selling till to final closure of exchange.Problem is that market on Poloniex and Bittrex is not so deep to absorb one more big wave of selling - just 2 billions deep of DOGE Buy orders (to 7sat) on Poloniex.We will probably see DOGE on all time low price, 4-7 sat and then slow recovery.

gonna make an buy wall at 10 , you knever know Smiley
newbie
Activity: 26
Merit: 0
September 18, 2017, 07:43:03 AM
#1
Has dogecoin ever been consider a real reliable coin?
Dumping at extreme levels  Cry
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