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Topic: whether one dogecoin could be $ 1? - page 4. (Read 9433 times)

legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 09, 2017, 07:04:21 AM
#44
In the crytocurrency world any thing can happen. Cant say it wont reach 1 dollar. But not any time sooner. Now its bitcoin's time. If people start collecting dogecoin its price will increase. If more demand and less supply , the price will increase. I always collect dogecoin from faucets thinking one day, its price will increase.

I think you are talking about pump here?  Well indeed any coins can be pump to the moon, but the problem will be, can it be maintain at that price?  Basically the anser is no. In terms of price there is a possibility and the method as I stated would be a pump.  Price involves community demand, total coin in circulation and the total coin to be in circulation afte x amount of time.  Going to the normal route (no pumping) to achieve $1  for dogecoin is actually impossible IMHO.

no actually not all coins can be pumped to the moon. unless by moon you mean a 10% rise then yeah any altcoin can do that.
but if by moon you mean the real meaning such as increasing at least 100%-200% then no not all of the altcoins can have that. there needs to be some real thing there so that people come and invest in it so that the demand rises at least temporarily and then there shouldn't be such a big sell pressure and doge has this sell pressure and also its demand can not go up at all.
full member
Activity: 224
Merit: 100
March 08, 2017, 06:01:15 PM
#43
I agree with people here saying that anything can happen in crypto but I can't see this happening $1 for 1 Dogecoin, no way. I could maybe seeing it reach 0.01 or 0.005 but I don't think it will ever get to $1 a coin. I don't own much any more as I sold 80% of my Doge when it was around 30 sats and now i just claim Doge from faucets to sell for other alts that I think have potential to be something great unlike Doge which I think has had it's time and now it's over.
With the amount of coins in circulation and the availability of coins makes it hard to see a valuation above 400 satoshi and that is a fact,we have plenty of alt coins at the moment and no one will stick on investing in doge alone.Even when there were a few alt coins the price never rose to a certain extend ,but it is really useful when you are using it for gambling because you never get hurt even if you lose a couple of million doge.
copper member
Activity: 1050
Merit: 500
March 08, 2017, 05:25:41 PM
#42
In the crytocurrency world any thing can happen. Cant say it wont reach 1 dollar. But not any time sooner. Now its bitcoin's time. If people start collecting dogecoin its price will increase. If more demand and less supply , the price will increase. I always collect dogecoin from faucets thinking one day, its price will increase.

I think you are talking about pump here?  Well indeed any coins can be pump to the moon, but the problem will be, can it be maintain at that price?  Basically the anser is no. In terms of price there is a possibility and the method as I stated would be a pump.  Price involves community demand, total coin in circulation and the total coin to be in circulation afte x amount of time.  Going to the normal route (no pumping) to achieve $1  for dogecoin is actually impossible IMHO.
hero member
Activity: 1862
Merit: 590
March 08, 2017, 05:18:18 PM
#41
I agree with people here saying that anything can happen in crypto but I can't see this happening $1 for 1 Dogecoin, no way. I could maybe seeing it reach 0.01 or 0.005 but I don't think it will ever get to $1 a coin. I don't own much any more as I sold 80% of my Doge when it was around 30 sats and now i just claim Doge from faucets to sell for other alts that I think have potential to be something great unlike Doge which I think has had it's time and now it's over.
hero member
Activity: 966
Merit: 552
March 08, 2017, 10:52:29 AM
#40
I found an article on dogecoin that cost could reach $ 1 is that correct?
Well basiccally everything can be happening, but I am doubt about that because the amount of dogecoin is very much,
will many factors until one dogecoin can be 1$ are like the active Dev team, investors who make investments on dogecoin,
the projects relate with dogecoin, it will be difficult also needs hard work from every people.
Where do you getting the article? Please share on here, it will gives much info for us.
legendary
Activity: 1302
Merit: 1027
March 08, 2017, 10:52:07 AM
#39
I found an article on dogecoin that cost could reach $ 1 is that correct?

Where is the article,you should post it here if the article comes from a reputable source then we can support that,but if there is none or the article is just from an unknown source who just want tp hype coin who is suffering from very low volume and price then it's just all about hype and nothing more.

You should be knowing that the OP is newbie so he cannot post the link to the article ya but he can just write it  the details about the site but even then it is waste as everyone know that Doge coin cannot reach 1$.
sr. member
Activity: 588
Merit: 272
⭐⭐⭐⭐⭐
March 08, 2017, 10:41:43 AM
#38
The meme is dead.. and so is the coin.
hero member
Activity: 588
Merit: 541
March 08, 2017, 09:42:29 AM
#37
I really hope so I can then buy a couple of lambos and race in nascar with their overpriced blowjob sorry paint job!
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
March 08, 2017, 09:30:41 AM
#36
http://coinmarketcap.com/currencies/dogecoin/

Go to your bed and take your dream about doge coin will reach $1 for a single coin. Or we will see the price fall again into the another bottom place. And 1 satoshi is really reasonable for this coin. Leave it or lose your money.
hero member
Activity: 910
Merit: 525
March 08, 2017, 06:50:58 AM
#35
I found an article on dogecoin that cost could reach $ 1 is that correct?
If we talk about speculation, everythings can be happen with their own possibilities including dogecoin. Maybe we can change the op question to...  
Factors that could make 1 dogecoin = $1
To answer it, we have to analyze the  successful competitors like bitcoin, Ethereum, Dash. What's make its succed. First of all they're getting more popular than any others. If we want to see Dogecoin worth to $1 peoples have to know it and make beleive to invest on it.
Second, the main factor that make a coin price raise up is the volume of transactions. Peoples have to spend their coin everyday.
legendary
Activity: 1134
Merit: 1598
March 08, 2017, 06:39:23 AM
#34
It is possible to reach. Nobody ever thought in 2009 that BTC will be 1300 usd

I would have thought about it if I knew the supply was only limited to 21 million Bitcoins and it can he find trhough mining. Dogecoin has +100 BILLION coins available, so it's way easier to get a Dogecoin than it is to get Bitcoin. If everyone in the world would use Bitcoin, there would be around 0.0003BTC available for one person which would make it extremely rare to own a Bitcoin, whole there would be +14 Dogecoins available if it would be used instead. The more rare it is, the higher value it gets. So Dogecoin has a smaller chance to reach a higher price in my opinion. If it would, it would be like copper and Bitcoin would be the gold.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
March 08, 2017, 06:15:46 AM
#33
It is possible to reach. Nobody ever thought in 2009 that BTC will be 1300 usd

btc isn't doge, and btc was $1200 in 2013 already before doge was born, in 2013 many were believing that doge could reach crazy value, but nothing happened, today doge has infinite supply which kill the possibility for doge to reach any high value, doge will be used for trading and puming and dumping only from now, but if they hard fork to have limited supply maybe it can reach a better value
hero member
Activity: 798
Merit: 501
March 08, 2017, 06:08:22 AM
#32
Dogecoin is already in zombie state, the price is keep on dropping and there are no sign of revive, I don't think Dogecoin can survive for a long time, to reach 50 satoshi seems quite hard, so to become 1$ I think it is impossible, and seems like there are non investor interested in this coin anymore, Doge still survive due to the some casino used it as currency
I have always viewed it the same a is clams.
Just exists to make its mark on the world and nothing more.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 08, 2017, 05:47:59 AM
#31
http://www.cardboardconnection.com/why-sports-cards-early-90s-worthless

Quote
Supply and Demand 101

To put it bluntly, everyone who wants a 1991 Upper Deck Baseball Michael Jordan has three of them. Even if they were just one per box, tons are out there. Literally. Today, they can be found for pennies on the dollar. This is the same with almost every sports card made between 1986 and 1992.

When sports cards began to emerge as collectibles, more people started to buy in. Soon after that came price guides, which placed specific values on collections. The hobby then enjoyed exponential growth. Everyone was suddenly dreaming of Jose Cansecos and Todd Van Poppels working like stocks. Sports card values were supposed to see steady climbs, eventually culminating in cashing in for college tuition, new cars and lavish weddings.

Quote
The mass supply should have been a major tip-off that made the continuous growth of sports card value impossible. As the hobby hemorrhaged collectors, supply now far exceeded demand. The hordes of cards didn't disappear, they merely sat in closets for years, gathering dust.

Quote
Now many sports card collectors are looking to get something for their cards. They're nostalgic not so much for the players on the fronts of the cards but rather the rush of bumping elbows at card shows as they built equity for the future. The hobby was filled with investors and not collectors

No hope for the Investarded  Roll Eyes
sr. member
Activity: 476
Merit: 254
March 08, 2017, 05:44:55 AM
#30
I found an article on dogecoin that cost could reach $ 1 is that correct?

I would say that nothing is impossible but it does not just happen by chance and mere wishing as even at a time in the past that bitcoin was not as valuable as it is today, it will take constant update and support by the developers and maybe make the software open source which could be developed for other uses and indirectly bring more popularity to the coin. Aside that happening, I guess its going to be a mere wish that Dogecoin will be more valuable than what it is now.
newbie
Activity: 31
Merit: 0
March 08, 2017, 05:09:42 AM
#29
It is possible to reach. Nobody ever thought in 2009 that BTC will be 1300 usd

Impossible to reach, if the price is one USD, it means the total market cap will be 108 billion USD, bitcoin only has 20 billion USD, how can dogecoin be that large market cap? 0.001 usd is more realistic target for dogecoin. It is still 5X based on current price. Dogecoin keeps out of top 10 for one year, without cutting-edge technology, the price won't be higher any more.
I didn't said that it's realistic or it will ever happen. Doge was/is just a clone which dosen't really brings anything new to crypto.
hero member
Activity: 588
Merit: 501
March 08, 2017, 04:46:52 AM
#28
It is possible to reach. Nobody ever thought in 2009 that BTC will be 1300 usd

Impossible to reach, if the price is one USD, it means the total market cap will be 108 billion USD, bitcoin only has 20 billion USD, how can dogecoin be that large market cap? 0.001 usd is more realistic target for dogecoin. It is still 5X based on current price. Dogecoin keeps out of top 10 for one year, without cutting-edge technology, the price won't be higher any more.
newbie
Activity: 31
Merit: 0
March 08, 2017, 04:36:11 AM
#27
It is possible to reach. Nobody ever thought in 2009 that BTC will be 1300 usd
sr. member
Activity: 383
Merit: 250
March 08, 2017, 04:28:07 AM
#26
I found an article on dogecoin that cost could reach $ 1 is that correct?
I don't believe dogecoin is ever rising. It's now just a dying memecoin. The hype and pump is over.

But there's always a chance. Maybe dogecoin will be the currency of the future!

Yeah, the biggest hype was created in 2013, and after that, the huge bubble has burst, dogecoin has no innovations, doesn't deserve huge marketcap.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
March 08, 2017, 04:27:29 AM
#25
I don't think that 1$ per doge can be achieved but 1¢ is possible.
Everyone knows that dogecoin is past. Had invested some money in the past but soon taken back as the fluctuations are getting very less and as the Bitcoin value is increasing, other altcoins are getting crushed. I hope it gets back the value in the future.
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