Why did dogecoin survive? - page 3. | Bitcointalksearch.org

Moeda

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Quote from: BlackHatCoiner on June 24, 2020, 11:18:47 AM

If I'm correct, it's almost the same thing with bitcoin? It reached 0.01$ once but since then, its price is decreasing.

Dogecoin is my favorite coin. If we want to trade in the long run, Dogecoin will be a good choice. Because the price of Dogecoin is always stable. If there is a price increase of 2 to 5 satoshi, then we will get more profit.
Why does Dogecoin survive?
Dogecoin is listed in many exchanges, and many use Dogecoin to hold it in the long run.

Mulann2

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To be honest I don't know why dogecoin is still doing very well up till this very moment, back in those days, I use to collect dogecoin from faucet but never take it serious because I read it doesn't have any real usage attach to it besides having less transaction fee, but it seem it has the support of many crypto enthusiasts which is the reason it has a strong volume, I think traders love dogecoin also.

fauzan123

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doge coin is one of my favorites dogecoin has a large amount of interest and volume in each market there is no doubt if adding investment in dogecoin
besides dogecoin has a cheap fee and fast network not wrong if many use dogecoin

Fredomago

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Quote from: Psynthax on June 25, 2020, 06:14:04 PM

Quote from: Ryushin on June 25, 2020, 06:27:22 AM

Dogecoin is a meme coin back in the days, many look at this coin as another shitcoin but those who knew it's capability keeps filling their bags, dogecoin is pretty fast and has very cheap transaction fee.

That's the reason why those people are still using doge coin right now. People are using it as a reliable transaction for a micropayment system. People will never try to use doge as an investment but the only usefulness for doge is to be the payment system

There are still investors who also holding this coin expecting that after bitcoin experienced another bull run this coin will rise as well and bring them huge profits, for now, it's been use for micropayments as it's applied low transactions fees. Surviving indeed as transactions from supporters are actively continuing and that's how project keeps being alive.

pungopete468

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Quote from: dhemasm on June 26, 2020, 05:03:21 AM

I mean in the first place the developer not really make a dogecoin as serious project and just a joke if i'm not wrong, Even the price decreasing but community still use it because it's good alternative for bitcoin and why it survive? Well, It's community choice too since it's already used as alternative. Just my opinion, Cheers mate.

In the past, if you had discussed doge history, it was not a serious project but only a giveaway and tip to others, and it started getting crowded when the doge was used to pay donations. from there the development of the doge and also the actual price has been formed. until now people have known dogecoin and use it one of them for low cost transactions

fvb

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Quote from: BlackHatCoiner on June 24, 2020, 11:18:47 AM

If I'm correct, it's almost the same thing with bitcoin? It reached 0.01$ once but since then, its price is decreasing.

I like the coin. Although I heard that the developer said that in the beginning it was like a joke. As in life, good jokes have the right to life, and this one is definitely a success. A good aspect is that it is convenient to draw a conclusion from the exchange in this coin. Minimum commission and small withdrawal threshold. Good capitalization and volume.

IamAltcoinfan

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Dogecoin is funcoin initially i started accumulate using faucets it was fun holding some crypto currency once it reached 0.01$ i sold and got some money . It is Meme coin there is no use case also no active community for this coin also developer left this project long before thats the main reason .Its value going down . Dogecoin also having the same lifetime of LTC but LTC is havign strong community and they always come up with new events . Its not happening in Dogecoin.

dhemasm

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I mean in the first place the developer not really make a dogecoin as serious project and just a joke if i'm not wrong, Even the price decreasing but community still use it because it's good alternative for bitcoin and why it survive? Well, It's community choice too since it's already used as alternative. Just my opinion, Cheers mate.

Davian144

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Quote from: trauchot on June 26, 2020, 03:35:59 AM

Dogecoin is a very popular altcoin and many investors like to invest in this altcoin for various reasons and so far it will continue, nothing will happen with this altcoin and therefore I also invest in Dogecoin from time to time to make a profit and for now everything is successful.

Yes, and it is very natural that many investors like Dogecoin, because this Altcoin has been born for a long time in crypto and many people have already benefited from trading Dogecoin in general other than investors in particular, and for those who do not know about when Dogecoin was launched, can see the link that I gave this.

Source: https://bit.ly/3hXn3bU

Questat

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Quote from: havoc928 on June 26, 2020, 02:20:23 AM

Quote from: Kotone on June 26, 2020, 02:00:14 AM

Since dogecoin has been listed on many exchange. Like xrp that incurred small transaction fee, then dogecoin is one of those low fee coin, Im not so fans of this coin but it help me to transact smaller fee instead using bitcoin and ethereum. I know its price is low, but this due to a very huge supply. If the owner of this coin is Elon Musk, then he should do something about its development right? But this is one example of a legendary coin that still survive and will survive years from now.

True! The excess of supply over demand is the reason why Dogecoin has a lower value than our expectations. However, as you said, Dogecoin is the low fee coin that we can take advantage of in some circumstances! I believe that others also see the advantages out of it. That's why it still survives in this volatility market!

Suitable as online payment, this is a good altcoin if you are looking for faster transaction online.
I don't follow the development of dogecoin closely but I know it's very liquid as it's trading in different exchanges, so its future is stable as long as exchanges will not delist this coin.

trauchot

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Dogecoin is a very popular altcoin and many investors like to invest in this altcoin for various reasons and so far it will continue, nothing will happen with this altcoin and therefore I also invest in Dogecoin from time to time to make a profit and for now everything is successful.

havoc928

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Quote from: Kotone on June 26, 2020, 02:00:14 AM

Since dogecoin has been listed on many exchange. Like xrp that incurred small transaction fee, then dogecoin is one of those low fee coin, Im not so fans of this coin but it help me to transact smaller fee instead using bitcoin and ethereum. I know its price is low, but this due to a very huge supply. If the owner of this coin is Elon Musk, then he should do something about its development right? But this is one example of a legendary coin that still survive and will survive years from now.

True! The excess of supply over demand is the reason why Dogecoin has a lower value than our expectations. However, as you said, Dogecoin is the low fee coin that we can take advantage of in some circumstances! I believe that others also see the advantages out of it. That's why it still survives in this volatility market!

viananda2525

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Quote from: leea-1334 on June 26, 2020, 01:44:03 AM

Quote from: michellee on June 25, 2020, 11:31:08 PM

Traders use dogecoin as their asset and hold for the long term, and they will not sell their dogecoin if the price is not more than 100-150 satoshi. The last high price we already see that show dogecoin can increase to the higher price, but now, the price is back to the lowest price again. But I am sure that the price will have the time to rise again, and once that happens, traders will make their big profit again.

Never heard of traders keeping dogecoin as a long term asset to be honest, and this coming from someone who does like dogecoin a lot,,, I mean, it is a rather stable coin bitcoin-wise, price is always around current levels, and never below 10 satoshi anymore, and you never know when it can pump to 50 satoshi or more!

actually dogecoin suitable for any time frame , short medium or even long term. dogecoin price when it drop its not as sharp as with another coins, meanwhile when it pump its like major coins. price could growth fastly and give us good returen. looking dogecoin price history will help us about dogecoin charater when market bearish or bullish.

Kotone

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Since dogecoin has been listed on many exchange. Like xrp that incurred small transaction fee, then dogecoin is one of those low fee coin, Im not so fans of this coin but it help me to transact smaller fee instead using bitcoin and ethereum. I know its price is low, but this due to a very huge supply. If the owner of this coin is Elon Musk, then he should do something about its development right? But this is one example of a legendary coin that still survive and will survive years from now.

Emilyearl

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Doge will always survive, its an old coin a very old one supported by great community. What most projects lack is community support, Doge prides in that. What's keeping up the price of Doge is non other than its community base don't be surprised Doge will be here when most erc-20 tokens in top 100 are long gone from the list.

qomariah95

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Quote from: deathcode on June 25, 2020, 09:32:49 PM

Quote from: erickastella on June 25, 2020, 09:23:36 PM

Low demand + unlimited and large supply. because it is a doge defense, and maybe I think doge is the best-selling coin in the world of gambling, almost all of them use doge, and that's just my opinion

to survive long-term doge has market power. many use this coin. I think doge is quite popular, but for trading and investing this coin is not suitable. some traders I think often use it too, but only as an asset to withdraw from one exchange to another.

Very precisely, that's what I did.
Dogecoin is indeed not suitable for me personally to invest, even I only use dogecoin as a gambling currency for example and use dogecoin as a low withdrawal fee. So that dogecoin still survives and is widely used.

leea-1334

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Quote from: michellee on June 25, 2020, 11:31:08 PM

Traders use dogecoin as their asset and hold for the long term, and they will not sell their dogecoin if the price is not more than 100-150 satoshi. The last high price we already see that show dogecoin can increase to the higher price, but now, the price is back to the lowest price again. But I am sure that the price will have the time to rise again, and once that happens, traders will make their big profit again.

Never heard of traders keeping dogecoin as a long term asset to be honest, and this coming from someone who does like dogecoin a lot,,, I mean, it is a rather stable coin bitcoin-wise, price is always around current levels, and never below 10 satoshi anymore, and you never know when it can pump to 50 satoshi or more!

Mighty_crypt

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Dogecoin and litecoin are very good for making payments because they are fast and transaction fee are small, whenever I get stuck on an exchange with high withdrawal fee i go for dogecoin or litecoin to withdraw my money of the exchange, believe it or not, dogecoin is going to stay alive for many years

studio1one

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Quote from: BlackHatCoiner on June 24, 2020, 11:18:47 AM

If I'm correct, it's almost the same thing with bitcoin? It reached 0.01$ once but since then, its price is decreasing.

Dogecoin is unkillable in crypto-verse. It has one of the strongest community backings that's the reason I always rebuy whenever I see a significant dip in DOGE 'coz it gives good return during the bull market.

michellee

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Quote from: deathcode on June 25, 2020, 09:32:49 PM

Quote from: erickastella on June 25, 2020, 09:23:36 PM

Low demand + unlimited and large supply. because it is a doge defense, and maybe I think doge is the best-selling coin in the world of gambling, almost all of them use doge, and that's just my opinion

to survive long-term doge has market power. many use this coin. I think doge is quite popular, but for trading and investing this coin is not suitable. some traders I think often use it too, but only as an asset to withdraw from one exchange to another.

Traders use dogecoin as their asset and hold for the long term, and they will not sell their dogecoin if the price is not more than 100-150 satoshi. The last high price we already see that show dogecoin can increase to the higher price, but now, the price is back to the lowest price again. But I am sure that the price will have the time to rise again, and once that happens, traders will make their big profit again.

Topic: Why did dogecoin survive? - page 3. (Read 771 times)