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Author Topic: Stop treating Doge as a meme coin and thinking that it's all about Musk  (Read 14268 times)

Offline yohananaomi

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #90 on: November 05, 2024, 04:37:24 AM »
Actually, that's what should be done, but until now they don't seem to have any innovation that can be done to make Doge move or at least be traded routinely well, but still hoping for a tweet from Elon and where it was done and there was no movement at all. Elon's influence on Doge is very pronounced, so it can be ranked the best until now, and it is very possible to recover, but maybe because of the influence of bitcoin which has increased significantly.
Of course, Doge has an excellent opportunity to grow if there is a real innovation or a call from influential personalities, already, Elon Musk has already made a significant impact. But, to continue drawing attention to its space and being original, Doge has to go beyond hype. Hence, the Doge token could do well to buck the trend and build up on good fundamentals and some level of utility to establish itself much more securely in the crypto space.
Doge will always have a chance to rise again, even though it may not be with Elon anymore, because its community is very large, and they can use it to activate trading well, so that it attracts many investors who will buy and store their funds in Doge. Because without the community, I think it would be difficult to do again because the developers never do anything to contribute to Doge.
However, Doge is still very much liked and held until now waiting for an increase when Bitcoin increases before releasing it to the market.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #90 on: November 05, 2024, 04:37:24 AM »

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Online enwi

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #91 on: November 05, 2024, 04:45:47 AM »
Doge will always have a chance to rise again, even though it may not be with Elon anymore, because its community is very large, and they can use it to activate trading well, so that it attracts many investors who will buy and store their funds in Doge. Because without the community, I think it would be difficult to do again because the developers never do anything to contribute to Doge.
However, Doge is still very much liked and held until now waiting for an increase when Bitcoin increases before releasing it to the market.
We notice that Doge has a strong and committed base which signals the chance for its rebound. This community has a great pull to get the investors to come if developers have not had to be so involved in the first place.

As long as people can wait on Bitcoin then let Doge still maintain its place in many people’s pocket. Should the right conditions avails itself, then Doge can rebound in the market and become darling of investors. Ideally, Elon Musk can do that surprise again like what he did last year of making the price of Dogecoin rise up again.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #91 on: November 05, 2024, 04:45:47 AM »

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Offline smartaction

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #92 on: November 05, 2024, 04:36:20 PM »
Actually, that's what should be done, but until now they don't seem to have any innovation that can be done to make Doge move or at least be traded routinely well, but still hoping for a tweet from Elon and where it was done and there was no movement at all. Elon's influence on Doge is very pronounced, so it can be ranked the best until now, and it is very possible to recover, but maybe because of the influence of bitcoin which has increased significantly.
Of course, Doge has an excellent opportunity to grow if there is a real innovation or a call from influential personalities, already, Elon Musk has already made a significant impact. But, to continue drawing attention to its space and being original, Doge has to go beyond hype. Hence, the Doge token could do well to buck the trend and build up on good fundamentals and some level of utility to establish itself much more securely in the crypto space.
Doge will always have a chance to rise again, even though it may not be with Elon anymore, because its community is very large, and they can use it to activate trading well, so that it attracts many investors who will buy and store their funds in Doge. Because without the community, I think it would be difficult to do again because the developers never do anything to contribute to Doge.
However, Doge is still very much liked and held until now waiting for an increase when Bitcoin increases before releasing it to the market.

Doge price will rise ok but it will take a long time but in any case if the price of Bitcoin can reach $100k next year then all Meme Coins including Doge Coin are expected to see a lot of price increase. Meme Coins can understand something.  No, what happens sometimes the price of Meme Coins gets very high and sometimes the price starts to dump quite a lot. Most of the time I have faced loss by investing in Meme Coins because of which I think investing in Meme Coins is risky.

Offline Stompix

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #93 on: November 05, 2024, 09:42:11 PM »
I think that the Dogecoin Team is strategizing to increase Doge again, but I don't know what they will do.
I am also sure that they would not have thought that Doge could reach its highest price above the estimate just because of Elon Musk, they must have made a huge profit.

There is no Doge team!
There was no ICO so there is no "foundation" in control of funds, doge has not had a major update for 7 years and the last minor ones were 2 years ago, the coin works because it's simple fast and has actual usage cases, unlike other meme coins and even so-called established coins, doge is actually used to buy and sell stuff when BTC is too expensive to use.

Offline yohananaomi

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #94 on: November 11, 2024, 11:10:02 AM »
Actually, that's what should be done, but until now they don't seem to have any innovation that can be done to make Doge move or at least be traded routinely well, but still hoping for a tweet from Elon and where it was done and there was no movement at all. Elon's influence on Doge is very pronounced, so it can be ranked the best until now, and it is very possible to recover, but maybe because of the influence of bitcoin which has increased significantly.
Of course, Doge has an excellent opportunity to grow if there is a real innovation or a call from influential personalities, already, Elon Musk has already made a significant impact. But, to continue drawing attention to its space and being original, Doge has to go beyond hype. Hence, the Doge token could do well to buck the trend and build up on good fundamentals and some level of utility to establish itself much more securely in the crypto space.
Doge will always have a chance to rise again, even though it may not be with Elon anymore, because its community is very large, and they can use it to activate trading well, so that it attracts many investors who will buy and store their funds in Doge. Because without the community, I think it would be difficult to do again because the developers never do anything to contribute to Doge.
However, Doge is still very much liked and held until now waiting for an increase when Bitcoin increases before releasing it to the market.
Doge price will rise ok but it will take a long time but in any case if the price of Bitcoin can reach $100k next year then all Meme Coins including Doge Coin are expected to see a lot of price increase. Meme Coins can understand something.  No, what happens sometimes the price of Meme Coins gets very high and sometimes the price starts to dump quite a lot. Most of the time I have faced loss by investing in Meme Coins because of which I think investing in Meme Coins is risky.
A reasonable estimate if bitcoin can reach $100K is that it is certain that doge and other meme coins will be lucky to be able to reach their optimal value, which has been awaited, Because when the ATH happened, then doge and other meme coins also increased sharply and many were lucky to still hold them, and it is possible that the incident will happen again, and it is only natural.
We will wait for that when, by the end of this year, bitcoin starts to crawl up significantly.

Offline philipma1957

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #95 on: November 16, 2024, 03:32:37 PM »
I think that the Dogecoin Team is strategizing to increase Doge again, but I don't know what they will do.
I am also sure that they would not have thought that Doge could reach its highest price above the estimate just because of Elon Musk, they must have made a huge profit.

There is no Doge team!
There was no ICO so there is no "foundation" in control of funds, doge has not had a major update for 7 years and the last minor ones were 2 years ago, the coin works because it's simple fast and has actual usage cases, unlike other meme coins and even so-called established coins, doge is actually used to buy and sell stuff when BTC is too expensive to use.

Exactly this.

BTW an L7 miner released on Jan 2021 still makes a shit ton of profit.

75 kwatts burned per day. at 20 cent power that is 15 usd a day to run it earns 35 usd a day

so in my house in New Jersey I pay 16.6 cents for power or

16.6 x 75 = $12.50  so it makes

 35.00
-12.50
 22.50 profit daily

except it is cold now and the heat is work 3.50

so 22.50+3.50 = 26 usd a day in the black running in your house.

and doge is likely to go over $1 a coin so this miner could be making over 50 a day in a month.

it is absolutely the best miner I ever owned.

When I read threads like this and see the lack of understanding of why scrypt algo merged mining is almost perfect as it is I lose hope for most crypto people to stay stuck in the past and think meme when the scrypt asic network is fucking huge saddens me.

To put it another way the antminer L7 would turn a profit mining in 75% of the homes in America as 75% of the homes are under 25 cents a kwatt
« Last Edit: November 16, 2024, 03:36:39 PM by philipma1957 »
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Offline yohananaomi

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #96 on: November 18, 2024, 08:53:58 AM »
I think that the Dogecoin Team is strategizing to increase Doge again, but I don't know what they will do.
I am also sure that they would not have thought that Doge could reach its highest price above the estimate just because of Elon Musk, they must have made a huge profit.

There is no Doge team!
There was no ICO so there is no "foundation" in control of funds, doge has not had a major update for 7 years and the last minor ones were 2 years ago, the coin works because it's simple fast and has actual usage cases, unlike other meme coins and even so-called established coins, doge is actually used to buy and sell stuff when BTC is too expensive to use.

Exactly this.

BTW an L7 miner released on Jan 2021 still makes a shit ton of profit.

75 kwatts burned per day. at 20 cent power that is 15 usd a day to run it earns 35 usd a day

so in my house in New Jersey I pay 16.6 cents for power or

16.6 x 75 = $12.50  so it makes

 35.00
-12.50
 22.50 profit daily

except it is cold now and the heat is work 3.50

so 22.50+3.50 = 26 usd a day in the black running in your house.

and doge is likely to go over $1 a coin so this miner could be making over 50 a day in a month.

it is absolutely the best miner I ever owned.

When I read threads like this and see the lack of understanding of why scrypt algo merged mining is almost perfect as it is I lose hope for most crypto people to stay stuck in the past and think meme when the scrypt asic network is fucking huge saddens me.

To put it another way the antminer L7 would turn a profit mining in 75% of the homes in America as 75% of the homes are under 25 cents a kwatt
not yet reached the price of $1 reaching you have been able to produce a very large one according to my size. Who knows if, according to the perspective of others, it will be different.
If it can indeed reach $1 with an income of $50, of course it is very promising to do.
Unfortunately, I don't and have not been able to achieve what you do, and I don't have the skills and equipment for mine like you.
What is the minimum value of doge prices so that mining remains profitable in your opinion?

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #96 on: November 18, 2024, 08:53:58 AM »


 

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