Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Leonardo on November 28, 2018, 03:15:44 PM
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In every market slaughter, there are some winners. Those with sell orders over 50 satoshi on Dogecoin may have noticed their sales went through recently.
Demand for Dogecoin has seemingly picked up whilst the rest of the market was on a sell frenzy. The Dogecoin price went up about 6 Satoshi in the last 48 hours, with more than $11 million in total trade volume, a gain of more than 10%.
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Courtesy: coinmarketcap.com
Dogecoin is an oft-forgotten coin, although it is accepted by several major providers and is traded on every respectable altcoin exchange. The coin was born of the meme culture of the early 2010s and its only primary differences to Bitcoin are that it is inflationary in nature – it will never stop producing new tokens – and it uses Scrypt, the same hashing algorithm as Litecoin.
In the early days of its community, Dogecoin achieved some interesting marketing feats, including sponsoring a professional race car driver and a lunar rover.
The explanation for the increase in price may not be demand, exactly. It may rather be a correction on the part of sellers who are trying for a USD figure – as the price of Bitcoin goes down, necessarily the amount of satoshi a given altcoin is valued at must go up for the price to remain “stable.”
Still, the market downtown as a result of Big Bitcoin’s tanking illustrate how the majority of cryptocurrencies still rely on Bitcoin for liquidity and valuations. There is a possibility that in the coming years, Stablecoins will become the new metric by which most altcoins are judged, fulfilling the prophecy of full-scale divorce of cryptos from the necessary Bitcoin pricing. If or when this happens, the actual value of tokens will be more clearly expressed. Currently most or, really, all calculations are relational to the Bitcoin/fiat markets, and as such it’s hard for something like Dogecoin, which finds its best use case in tipping and microtransactions, to truly find their value.
In some cases, Dogecoin or Litecoin are the best way to make withdrawals from exchanges which have high fixed fees for Bitcoin.
Whatever the case, the price of Dogecoin will always have to answer to its mammoth supply. A fast-moving, always-on public blockchain could see some use in the tokenization of all the things, but no one to our knowledge has pursued anything like that yet.
Source: https://www.ccn.com/is-dogecoin-making-a-comeback/
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this year, doge prices will be stable at 50 sat. believe it or not, but I'm sure doge can increase next year. Doge is available at a large exchange. that's what makes doge prices stable.
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I hope the doge price can rise at the beginning of the year, if it's not wrong the price of yesterday reached the peak of 170 satoshi is really unexpected..
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this year, doge prices will be stable at 50 sat. believe it or not, but I'm sure doge can increase next year. Doge is available at a large exchange. that's what makes doge prices stable.
yes i agree with it it will stable at 50 to 80 satosi. May be it will increase at Christmas and new year holiday. If not increase say good bye to bull run
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The new possibility in 2020 the Dogecoin price will be able to penetrate the highest price. For now the movement still does not look going on again. As with other crypto, the price movement has not visible significantly.
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I think .Dogecoin is an oft-forgotten coin, although it is accepted by several major providers and is traded on every respectable altcoin exchange. The coin was born of the meme culture of the early 2010s and its only primary differences to Bitcoin are that it is inflationary in nature – it will never stop producing new tokens – and it uses Scrypt, the same hashing algorithm as Litecoin.
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In my opinion I think not this year because we’re under the bear trend now. But next year is possible for Doge to climb higher into the top crypto currencies
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I believe that in the next year Dogecoin will have a pretty good improvement, if in the current year I don't think the condition is too good now and it tends to be unstable, it will take 1 to 2 years to get back up.
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Still, the market downtown as a result of Big Bitcoin’s tanking illustrate how the majority of cryptocurrencies still rely on Bitcoin for liquidity and valuations. There is a possibility that in the coming years, Stablecoins will become the new metric by which most altcoins are judged, fulfilling the prophecy of full-scale divorce of cryptos from the necessary Bitcoin pricing. If or when this happens, the actual value of tokens will be more clearly expressed.
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it is a very good thing, and I strongly believe that dogecoin is a very good coin and has the potential for a place of future investment.
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it is a very good thing, and I strongly believe that dogecoin is a very good coin and has the potential for a place of future investment.
I don't believe in DOGE for now because DOGE is very expensive to buy. LOL
If DOGE returns to the price of 30 Satoshi then I believe to buy it because it's sold at 30 satoshi and it's already 25% profitable.
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I don’t think so soon like that because we’re still in the downtrend market and Dogecoin hasn’t show any confirmation of breaking through this trend
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Dogecoin no stable no volatile. Wait until new year's, if you have not used money, that time to buy dogecoin and hold it until the price pump.
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No i don't think this will happen,dogecoin team don't announce any great news or upgrade,probably will go up but a very short period,doge is a pump and dump coin.
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I will return for quite a long time, in my opinion, even though it will return to pump only for a short time and it will happen very briefly, if you want to save, pay attention to the purchase price and the advice I bought at the lowest price.
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Well I believe that dogecoin is preparing for a great comeback and it will be better than its previous highest. Doge coin can be better.
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The question for Comeback about DOGE Coin doesn't need to be missed because DOGE has always been the best with so many coins.
DOGE Coin is widely used on several exchanges and that certainly makes DOGE Coin good for HODL.
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I also hope that at the beginning of this year, a good start for dogecoin price increases, because dogecoin is also a strong and durable altcoin, so I'm also sure dogecoin will increase again, seeing its growth every day getting better.
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I think in 2019 Dogecoin will make a comeback at May or June. Now Dogecoin price still in bearish trend and invest in Dogecoin now is too risky
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Doge should make a comeback and i believe it will surely as the whole market will make comeback.
Doge is down just becuase of the whole market experiencing bears.
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There is every chance not only of a significant increase in the rate, but also the return of Dogecoin to the top ten cryptocurrencies.
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I think that if Doge make a comeback now it’s too soon and still not enough necessary conditions for Doge to do that with the current market situation
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I think this year the price of dogecoin is really unstable, but for me now is the right time you can buy it at a cheaper price, so you will also be better off getting a lot of profits waiting for a better price increase.
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As I watched Doge since 2015, it always has a pump in each year and at quarter two. Hope that in this nee year 2019 Doge will also do the same
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DOGE has become the strongest coin for now when compared to the very strange ICO when the price of the coin becomes a dump when listing.
DOGE is required at HODL for above 30 Satoshi prices and that is the best choice.
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don't know becuse dogecoin price alwyes down
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I think that Dogecoin will come back in next bull run.
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Well I trust that dogecoin is getting ready for an extraordinary rebound and it will be superior to its past most astounding. Doge coin can be better
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No I still think this Doge coin is so bearish at the moment while the volume just keep going down through every day
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I think the price of dogecoin is slowly increasing in a few days from now, because seeing the price movement of bitcoin is also starting to stabilize again.
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yes, I think the price of dogecoin is also increasing soon, because right now the right time you can buy it, because seeing a surge in the price of dogecoin at this time also begins to increase.