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Topic: Why Doge coin is bad - page 21. (Read 171517 times)

hero member
Activity: 756
Merit: 506
August 08, 2014, 04:21:07 AM
Doge spent all its' money on Nascar and now it's dead.   Cry
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 08, 2014, 01:53:38 AM
Franko is i have to admit pretty much a scrypt clone too BUT taken seriously and has done FAR more for crypto than shit coin Doge !

CHOOSING to support doge is damaging to our scene.. like this is all some big joke (they guys profiting like to say)

and of course it was not meant to be taken seriously it was a piece of a waive of clone coins the dev posted here..
one of his coins got more popular than the other shit clone coins he posted so he realized it was time to throw up support for it and back it.

a dog icon meme picture and that's it.......
how in gods name do you guy defend this retard scammy shit ? what is wrong with you ? drunk from greed ?

i love spending 6 months arguing bad is bad with fucktards at bitcointalk  Roll Eyes

your *almost all greedy idiots .

and you will always fail in a debate about whether Doge coin is good or bad.
why did they make it ? There had to be around 600+ coins made back then so why did we need 601 coins with a different icon in it ?
legendary
Activity: 882
Merit: 1024
August 08, 2014, 12:40:16 AM
Dogecoin, by the Dev's own admission was never meant to be for investors. It is for fun, for tipping, for the community to play around with for a little levity to take away from the seriousness of some people trying to create a new economic model.
The price now reflects what the Devs were going for.
So, buy a few hundred thousand. Go on Reddit and have a good time.
Stop taking this all so serious...life is too short.

Dogecoin is a world famous trademark, Dogecoin was even in a Weird Al music video. Like it or not, a fictional shiba dog is now engrained in our memory that helped sick kids, sponsored a bob sled team, and got a last place finish in a Nascar Race. Not having a good economic model doesn't mean that the Doge has had it's day, sometimes it's the best time to buy at it's lowest sentiment but who knows? things change very quickly around here so I'd say the ball is in Doge's court.
hero member
Activity: 882
Merit: 500
August 07, 2014, 05:49:11 PM
Dogecoin, by the Dev's own admission was never meant to be for investors. It is for fun, for tipping, for the community to play around with for a little levity to take away from the seriousness of some people trying to create a new economic model.
The price now reflects what the Devs were going for.
So, buy a few hundred thousand. Go on Reddit and have a good time.
Stop taking this all so serious...life is too short.
legendary
Activity: 882
Merit: 1024
August 07, 2014, 06:52:05 AM
Well, that's just how money works. At least the image of the coin isn't presented as something serious. Just visit the main website http://dogecoin.com/


What is your role, in regards to dogecoin, heskey? I mean, what have you do with that coin?
Very little, I dont even mine. But I like the community, and I think it will go further than it already has.

"community"

that made my Roflcopter crash hahhaha ha ha

no seriously though your so called community is a collection of independent online kiddies that banded together to download a miner
and join a pool on a meme joke clone coin ponzi scheme so you could profit and run !
and when people lose money you couldn't care less.. other wise your so called community would help the people who took losses.
but you won't !
You guys will scatter and vanish and hide in silence once mining gets hard and profits drops.
Your all lying greedy snot nose punks trying to make excuses to cover up people like me who are pointing out
how your running a ponzi scheme to lure in random new users so you can drain their wallets dry and brag about how much BTC you made !

NONE of you have mentioned anything other than how much money you have made ! ..ooooh sry and a bobsled team LOLOL
Your full of shit 1 million percent .

and i will terrorize your ass's for ages when you guys inevitably vanish and scatter when this crap scam coin dies out
and i will scream I TOLD YOU SO in your faces endlessly every chance i get.. ask around i have done it before Wink
orly ?
yaaaaarly !
I have seen this same bs routine before ..nothing changes.
the only difference here between this scammy Doge Coin and the last coin i said was BS and vanished is a diff icon and name.. that is it !

buckle up noobs its going to be a loooooooong bumpy ride and i am not going anywhere Wink
better stock up on them .jpg's ..your gonna need em ..don't wanna run out now do ya ?


FROM FEBRUARY 14th


I TOLD YOU SO  Cool

edit:
i called it to the day and even posted graphs from Crytpsy backing it up.
mining profitability reached par with other various clones and the mass exodus of guys leaving commenced
in a non stop deep spiral downward in value.. EXACTLY as i said and called loooooong ago.

I like the Dogecoin Community, it's fun but it is one coin that I would never buy. Love or hate Speotnik, he is right because I came across a thread about someone boasting about how many active Dogecoin addresses there are and so if you want to see the value of the coin and the effects of the mining (and now merged mining)




The value per Dogecoin peaked around the third week in February just before the first Block halving and has been on a steady decline since. Now with Merge mining, the amount of mining has picked up with more selling pressure dropping the value by approximately 20% in one week.

Oh Dogecoin, now you are fighting against selling pressure all the time....


Will history show that Dogecoin was given 150 million and blew it all on Nascar Races, Bobsled Teams and then mined their own coin down to near nothing?

Maybe Dogecoin will be that lesson as to never invest your money in a Cryptocurrency where their business strategy is seeing how many transactions a person can send while sending a bottle rocket into orbit which would make all transactions take longer to confirm for everyone else and bloat the Blockchain.

Is Dogecoin going to be the Facepalm of Cryptocurrencies?

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 07, 2014, 05:33:12 AM
Well, that's just how money works. At least the image of the coin isn't presented as something serious. Just visit the main website http://dogecoin.com/


What is your role, in regards to dogecoin, heskey? I mean, what have you do with that coin?
Very little, I dont even mine. But I like the community, and I think it will go further than it already has.

"community"

that made my Roflcopter crash hahhaha ha ha

no seriously though your so called community is a collection of independent online kiddies that banded together to download a miner
and join a pool on a meme joke clone coin ponzi scheme so you could profit and run !
and when people lose money you couldn't care less.. other wise your so called community would help the people who took losses.
but you won't !
You guys will scatter and vanish and hide in silence once mining gets hard and profits drops.
Your all lying greedy snot nose punks trying to make excuses to cover up people like me who are pointing out
how your running a ponzi scheme to lure in random new users so you can drain their wallets dry and brag about how much BTC you made !

NONE of you have mentioned anything other than how much money you have made ! ..ooooh sry and a bobsled team LOLOL
Your full of shit 1 million percent .

and i will terrorize your ass's for ages when you guys inevitably vanish and scatter when this crap scam coin dies out
and i will scream I TOLD YOU SO in your faces endlessly every chance i get.. ask around i have done it before Wink
orly ?
yaaaaarly !
I have seen this same bs routine before ..nothing changes.
the only difference here between this scammy Doge Coin and the last coin i said was BS and vanished is a diff icon and name.. that is it !

buckle up noobs its going to be a loooooooong bumpy ride and i am not going anywhere Wink
better stock up on them .jpg's ..your gonna need em ..don't wanna run out now do ya ?


FROM FEBRUARY 14th


I TOLD YOU SO  Cool

edit:
i called it to the day and even posted graphs from Crytpsy backing it up.
mining profitability reached par with other various clones and the mass exodus of guys leaving commenced
in a non stop deep spiral downward in value.. EXACTLY as i said and called loooooong ago.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 07, 2014, 05:32:25 AM
With a market cap of $ 87,331,796 it must be bad.  Roll Eyes
OP how about you drink some:


i REALLY love koolaid and i am literlay going to go get some right now HAHHAHAHA

hey Laud what say you now buddy ?

I TOOOOOOOOOOOOOOOOLD you so Wink
member
Activity: 62
Merit: 10
August 07, 2014, 05:01:11 AM
We just have to wait for the merge mining thing for dogecoin, im sure the price would go up!!!
the price of dogecoin is going down all the time. Embarrassed
member
Activity: 62
Merit: 10
August 07, 2014, 04:59:25 AM
i don't like dogecoin because it has nothing new features just clone coin and no innovation, just stunt.
full member
Activity: 126
Merit: 100
August 07, 2014, 04:35:39 AM
Dogecoin is actually a pretty big altcoin. Bitcoin is excellent as an investment currency. Dogecoin is better as a general currency perhaps. The social community behind Dogecoin will either be a fad, remain relatively small or may evolve into something really big.
full member
Activity: 126
Merit: 100
August 07, 2014, 04:09:56 AM
Dogecoin has 5% of inflation a year forever through POW mining and 95% of miners dump their coins.

Not according to Wikipedia:

"Dogecoin has a fast initial coin production schedule: there will be approximately 100 billion coins in circulation by the end of 2014 with an additional 5.2 billion coins every year thereafter." -- http://en.wikipedia.org/wiki/Dogecoin

The 5.2 billion coins will actually result in less and less inflation every year, since the total dogecoin supply will increase. So it's not a compounded inflation rate like Reddcoin.

I will test Dogecoin a bit. I tested Reddcoin but I'm starting to wonder if maybe Dogecoin is better as a social currency after all.
legendary
Activity: 882
Merit: 1024
August 06, 2014, 10:27:32 PM
We just have to wait for the merge mining thing for dogecoin, im sure the price would go up!!!

Maybe, since it's network will be secured Smiley

The switch will happen considerably earlier than the next halving, so perhaps we can expect it to happen in two weeks.

it's worth mentioning that security has not been something the Doge fan base have been clamoring for..
and in reality is will not make the coin look more attractive to investors.. it still looks as bad as it did before.
you need to get new guys into it and that is not going to help.

what the merged mining has done is gotten more potential miners getting Doge and these guys are not your dedicated miner supporters
they are Dumpers.. so think about it.
Since when does adding a lot of dumpers to a coin help the price ?
They don't want the coin (merged miners)

going back i think this coin was toxic and cancerous to crypto and now we all sit in a position wondering if it can be "fixed"
i think the general public decided long ago to just go with a serious coin with lots more features etc.

Actually you are correct in this, it's a bandaid patch that will cause even further decline in price for Dogecoin until it eventually hits 0.

Dogecoin has 5% of inflation a year forever through POW mining and 95% of miners dump their coins. 5% is enough to drop the price by 20-30% but over a long period once it starts to drop, people begin to panic sell and increases the rate at which value is sucked out of the coin.

Both coins are now more profitable to mine and not everyone will agree to it so I wouldn't be surprised if the decision ends up splitting the network.
sr. member
Activity: 490
Merit: 250
August 06, 2014, 10:07:15 PM
He's right. Dogecoin lovers are fucking dumb as dog shit.
hero member
Activity: 644
Merit: 500
August 06, 2014, 05:00:04 PM
All alts except Litecoin and the almighty BTC are horrible...name one coin that has any staying power other than these two?

"Doge community" consisting of adolescents or childish adults parroting idiotic catchphrases, then dumping their doge when it became apparent it was done.

It's a horrible coin and it wasn't even funny ..... ever.

Shit, sell that doge. Bury it, then get rid of the string of Xs.

Crypto has been utterly shit this last year.


I can't, which is my greater point. There was a short time when there appeared to be a few alternatives worth holding. Doge was a leader of a cascade of drivel which devalued everything other than BTC and LTC.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 06, 2014, 04:54:57 PM
We just have to wait for the merge mining thing for dogecoin, im sure the price would go up!!!

Maybe, since it's network will be secured Smiley

The switch will happen considerably earlier than the next halving, so perhaps we can expect it to happen in two weeks.

it's worth mentioning that security has not been something the Doge fan base have been clamoring for..
and in reality is will not make the coin look more attractive to investors.. it still looks as bad as it did before.
you need to get new guys into it and that is not going to help.

what the merged mining has done is gotten more potential miners getting Doge and these guys are not your dedicated miner supporters
they are Dumpers.. so think about it.
Since when does adding a lot of dumpers to a coin help the price ?
They don't want the coin (merged miners)

going back i think this coin was toxic and cancerous to crypto and now we all sit in a position wondering if it can be "fixed"
i think the general public decided long ago to just go with a serious coin with lots more features etc.
sr. member
Activity: 462
Merit: 253
August 06, 2014, 10:18:13 AM
We just have to wait for the merge mining thing for dogecoin, im sure the price would go up!!!

Maybe, since it's network will be secured Smiley

The switch will happen considerably earlier than the next halving, so perhaps we can expect it to happen in two weeks.
member
Activity: 100
Merit: 10
August 06, 2014, 10:02:59 AM
We just have to wait for the merge mining thing for dogecoin, im sure the price would go up!!!
full member
Activity: 126
Merit: 100
August 06, 2014, 03:11:17 AM
This guy is really awesome,he just knwo Doge will die..
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 06, 2014, 02:49:25 AM
been a day or so i think since the "merge mining" announcement
and it seems the news had a negative impact on Doge prices (they dropped like i said they would)
well actually another guy said it and i agreed with his logic and quoted him from Coindesk earlier.

you know i have focused almost entirely on this topic about "why doge is bad"
i have ignored the market trading aspect of it.
I honestly have no idea what the future holds for Doge or it's future price / value.
I think it looks like a bad future price wise if i had to say.. but i have no idea really.

my goal here is not to attack the coin to manipulate the market.
from the first comment on i wanted to discuss the negative aspects of this coin in a more philosophical sense.
i am adamant this coin was VERY damaging to the Altcoin scene over all.
the market aspects of this coin have little interest to me actually.

sadly it devolved right away into bag holders and fanboys attacking me because that legitimizes scam coins i guess.
i never get how people here think trying to discredit me invalidates the rational discussion of a coin in question.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
August 06, 2014, 12:13:19 AM
All alts except Litecoin and the almighty BTC are horrible...name one coin that has any staying power other than these two?

"Doge community" consisting of adolescents or childish adults parroting idiotic catchphrases, then dumping their doge when it became apparent it was done.

It's a horrible coin and it wasn't even funny ..... ever.

Shit, sell that doge. Bury it, then get rid of the string of Xs.

Crypto has been utterly shit this last year.

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