Why Doge coin is bad - page 2. | Bitcointalksearch.org

redhack

legendary

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Quote from: xzone on February 05, 2021, 02:21:30 AM

Quote from: ttcsalam on February 05, 2021, 12:50:57 AM

Elan Musk posted a post on Twitter .Doge coins have started to rise at a rapid pace.The current pump was an inactivated pump and many people have benefited from it and many have become losers.So it is better to know and understand the investment.

Elon Musk is also on the way to becoming a great speculator Cheesy

Everything he mentions has a nice price rise, and since he is a person that people trust, investment can be made without any worry.
Dogecoin is not a good option for long-term investments. But as we saw yesterday, it can make you earn good money in a short time

It's not a hold-2-years coin, rather it's a coin you can make money by trading daily/weekly.
Doge always find a way to make its pump, it's either Elon Musk or something else. Daytraders love it for a reason.

Kena Banned

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Quote from: xzone on February 05, 2021, 02:21:30 AM

Quote from: ttcsalam on February 05, 2021, 12:50:57 AM

Elan Musk posted a post on Twitter .Doge coins have started to rise at a rapid pace.The current pump was an inactivated pump and many people have benefited from it and many have become losers.So it is better to know and understand the investment.

Elon Musk is also on the way to becoming a great speculator Cheesy

Everything he mentions has a nice price rise, and since he is a person that people trust, investment can be made without any worry.
Dogecoin is not a good option for long-term investments. But as we saw yesterday, it can make you earn good money in a short time

I dont think Elon Musk is speculator, otherwise he influence his follower by his tweets.
Also, another group try to spread rumour about the tweet to increase the hype and make a fomo about doge.

leea-1334

hero member

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Temporary forum vacation

Quote from: ttcsalam on February 05, 2021, 12:50:57 AM

Elan Musk posted a post on Twitter .Doge coins have started to rise at a rapid pace.The current pump was an inactivated pump and many people have benefited from it and many have become losers.So it is better to know and understand the investment.

This is the John McAfee effect now happening to Elon Musk. But you all remember what eventually happened to Mcafee right,,, his Tweets stopped becoming effective and people got disgusted after they got burned by his Tweets.

Many losers now from WSB and Doge so watch out.

imstillthebest

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Quote from: Banulit on February 05, 2021, 12:23:25 AM

I don't think dogecoin is bad but instead I think its not that good for long term investment knowing that there it is just create as a meme coin and doesn't really have any uses. Also, I think doge coin is better in doing a short term investment such as trading and scalping done hodling it long-termly.

what exactly is a meme coin . memes loose its fame , have you seen old memes today ? no but memes now are brand new . doge coin is not a meme coin but it is a serious peoject and it has a special use case .
is short trade not a use case for doge coin ? it is bro but it can also be good for long term because long time ago doge coin is silent but this year doge coin is making a bang .
if you hodl your thousands and millions of dogecoin this far i think you are rich or a billionaire now

xzone

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Quote from: ttcsalam on February 05, 2021, 12:50:57 AM

Elan Musk posted a post on Twitter .Doge coins have started to rise at a rapid pace.The current pump was an inactivated pump and many people have benefited from it and many have become losers.So it is better to know and understand the investment.

Elon Musk is also on the way to becoming a great speculator Cheesy

Everything he mentions has a nice price rise, and since he is a person that people trust, investment can be made without any worry.
Dogecoin is not a good option for long-term investments. But as we saw yesterday, it can make you earn good money in a short time

ttcsalam

copper member

Activity: 1120

Merit: 2

Elan Musk posted a post on Twitter .Doge coins have started to rise at a rapid pace.The current pump was an inactivated pump and many people have benefited from it and many have become losers.So it is better to know and understand the investment.

nutildah

legendary

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Quote from: Banulit on February 05, 2021, 12:23:25 AM

I don't think dogecoin is bad but instead I think its not that good for long term investment knowing that there it is just create as a meme coin and doesn't really have any uses.

Well, the current pump is well outside its fundamentals, but I'd say DOGE has more uses than most coins, which can be demonstrated by its relatively high number of transactions. It has a strong, dedicated community. It's cheap to send, cheap to buy and easy to denominate. A lot of casinos accept it as payment. I wouldn't be surprised if all this newfound attention invigorates it kind of like it invigorated GameStop as a company.

Banulit

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I don't think dogecoin is bad but instead I think its not that good for long term investment knowing that there it is just create as a meme coin and doesn't really have any uses. Also, I think doge coin is better in doing a short term investment such as trading and scalping done hodling it long-termly.

dogemoon

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Quote from: Raist on July 10, 2018, 09:37:15 PM

Quote from: dogemoon on January 05, 2018, 01:24:49 PM

4 years later...

CNBC: A cryptocurrency created as a parody is now worth more than $1 billion

A cryptocurrency that was created as a parody and named after an internet meme now has a market value of more than $1 billion.

Data from CoinMarketCap showed dogecoin's current market value is about $1.17 billion — as of Jan. 5, 2:56 p.m. HK/SIN — and traded at $0.010360 per token.

Last month, the virtual coin rose more than 400 percent and briefly topped $0.0107 in late December.

https://www.c[Suspicious link removed]m/2018/01/04/cryptocurrency-dogecoin-now-has-a-market-value-of-more-than-1-billion.html

Amaizing story with this doge. And may it is not over yet. This joke coin today, after all those years is on 9-th place in daily transaction rating, before BCH, Dash, Zec and Monero Grin

7 years later...

Dogecoin Becomes Most Mentioned Crypto on Twitter Ever as Price Soars

According to digital asset data firm TheTIE, the massive volume of mentions over 24-hour period marked the altcoin out as the most tweeted cryptocurrency of all time.

Dogecoin surpassed previous tweet records for bitcoin (BTC, -2.83%) set on Jan. 2, 2021, and Dec. 22, 2017, the firm said.

https://invezz.com/news/2021/01/30/dogecoin-the-first-altcoin-whose-tweet-volume-surpassed-bitcoins/

(I hope that in another 3 or 4 years when dogecoin is worth 1 dollar, I can already embed images)

Pearls Before Swine

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Quote from: nutildah on November 12, 2019, 11:06:44 PM

Spoetnik... what ever happened to you bro?

He rage quit bitcointalk, don't you remember? This was after a serious feud with Vod and after Spoetnik became disillusioned with altcoins and the forum if I'm remembering right.

I was also surprised to see one of his threads bumped, tho I bet our posts will probably be deleted and the thread locked. I think it's cool that it was bumped, because a doge thread from 2014 is really interesting to me. Who would have thought doge would survive this long and remain popular at that. The price hasn't gone up much in 5 years, but it's still one of the little gems in the altcoin world in my opinion. Great for gambling, and it would be a good currency if only shops accepted it.

Spoetnik hated doge, but wherever he went to I'd like to say I disagree with him.

nutildah

legendary

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Cool... Somebody resurrected a Spoetnik thread... Blast from the past.

I don't use DOGE any more but I used to use it for live betting when Directbet was around, because of its cheap fees and fast confirmation times. I think having one minute blocks with 1 DOGE fees is great, however, outside of casinos, nobody really uses it for anything.

Spoetnik... what ever happened to you bro?

Duncan.Idaho

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Quote from: sopanbmp on April 27, 2019, 11:11:36 PM

i don't know why... yet im still using doge to do transfers or even arbitrage .

Yes sir, no case use, EXCEPT for utility of moving value cheap(er) than the others.

Sellman

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Quote from: sopanbmp on April 27, 2019, 11:11:36 PM

Probably you right with your sentiment there. i don't know why i always losing when i trade doge coin, yet im still using doge to do transfers or even arbitrage .
You said doge coin cloning script from another coins first you need strong evidence to prove that you were right.

Dogecoin is more suitable for holders. You can buy Dogecoin with part of you funds, not all of it, and hold for months to take profits. It is very easy to earn profits from Dogecoin. The matter is you patience to hold it and wait till days it rises to take profits. Buy at lows and sell at highs, not do opposite, and you will get profits from Dogecoin, certainly.

sopanbmp

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Probably you right with your sentiment there. i don't know why i always losing when i trade doge coin, yet im still using doge to do transfers or even arbitrage .
You said doge coin cloning script from another coins first you need strong evidence to prove that you were right.

Sellman

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Quote from: Nivelir on April 10, 2019, 11:07:15 AM

DogeCoin is a project that exists for a very long time and many experienced people will tell you that this is a very suitable project that has successfully shown itself and will be showing. So I think this is a really cool project.

There are so many reasons to invest in Dogecoin. The coin has some advantages:
- Cheap price (so you can buy huge amount of Dogecoin)
- Cheap transaction fees
- Fast transaction speed
- Without network congestion
- Widely accepted on so many online casinos.
- Widely lively trading on so many crypto exchanges.

Pattart

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Quote from: Bitcoin1216 on April 10, 2019, 10:31:05 AM

Quote from: SolomonSollarsNSense on November 14, 2018, 05:28:02 PM

Dogecoin is not bad but the team of the coin is inactive and no development is going in that coin and because of that reason the coin keeps on going down. At this time investing in dogecoin will not be a good choice because it only going down in price and some pump groups pump it and then dump again and take profits so it's not worth to invest in dogecoin at this time.

I'm sure dev. know about their projects, the things that make them inactive are the bad market conditions, and now they are getting up again and today the transaction volume reaches more than $ 48 million.

Doge has a long life span like bitcoin, doge has a very long history and still survives to this day and is still very valuable, I don't think its development is bad, that's the doge market real is, sometimes stable at low prices, but going up high when the time comes, you just don't know the real doge dude.

rachman mahesa

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Quote from: Adriano2010 on April 27, 2019, 06:29:05 PM

Dogecoin maybe is not bad a coin, but i think their supply is too high and even if there are many users who use it i don't think will have a high value even if more time passes, let say after 5 years, i think the price will still be low.

If you say doge coins aren't bad, I agree with you. But if you talk about prices, of course it is very unnatural. Because all our altcoins don't know whether the next 5 years are low or high. The important thing is that Dogecoin is not a bad coin.

Adriano2010

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Dogecoin maybe is not bad a coin, but i think their supply is too high and even if there are many users who use it i don't think will have a high value even if more time passes, let say after 5 years, i think the price will still be low.

Fammosh82

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The continued inflation is not good from an investment standpoint. There is a high chance that you will not get good returns on your investment. So choose wisely

yo_mama

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Merit: 5

Many years later this shitcoin still exists, and within the top 30 market cap.
We know it's meaningless and has no real advantages to Bitcoin but... the majority of people don't.
The majority of people know very little about crypto, and they never want to learn. Learning new knowledge is mostly a burden to them. And bear in mind that most people don't judge things by content and quality, but by appearance, and often with their their own prejudice in an emotional way.
Dogecoin early promoters painted the (false) image that "Bitcoin is used by criminals but Dogecoin isn't, so DOGE saved the crypto reputation, thus better than BTC". And the Doge brand seems to be more cute than Bitcoin's "golden coin". These superficial appearances are enough for many people to prefer DOGE to BTC, emotionally.
With these adopters existing, DOGE will keep flourishing. It's people's belief which gives money / cryptocurrency its value.
For DOGE to go away, there needs to be some dramatic events such as a major hack which reveals its big security flaws, or if it turns out that criminals use DOGE too, which tears apart its false "cute" image.

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