doge rise again

[erus]

Seeing everything that is happening to the current Doge price, it seems very difficult for Doge to go up again because considering that Bitcoin after reaching an all-time high is always being pounded down, even down to a difference of 10,000 dollars.
Doge currently cannot be an independent coin because the price of Doge always has obstacles with the price of Bitcoin, if Bitcoin is green then the price of Doge only goes up a little but if Bitcoin is red or dumps then the price of Doge drops very deep, this is what I have noticed so far regarding the Doge coin.

[debra]

Seeing everything that is happening to the current Doge price, it seems very difficult for Doge to go up again because considering that Bitcoin after reaching an all-time high is always being pounded down, even down to a difference of 10,000 dollars.
Doge currently cannot be an independent coin because the price of Doge always has obstacles with the price of Bitcoin, if Bitcoin is green then the price of Doge only goes up a little but if Bitcoin is red or dumps then the price of Doge drops very deep, this is what I have noticed so far regarding the Doge coin.

It is surely not impossible that Dogecoin will increase again. You can see that Doge has increased again recently. But to reach a new ATH, it is no problem if you doubt it. I'm also not really optimistic to see a new ATH in Dogecoin. But I'm very sure that Dogecoin still can increase gain its price. Bitcoin is different with Dogecoin, I think we can compare between them. For Bitcoin, it is quite clear that Bitcoin may hit a new ATH again.

[erus]

Seeing everything that is happening to the current Doge price, it seems very difficult for Doge to go up again because considering that Bitcoin after reaching an all-time high is always being pounded down, even down to a difference of 10,000 dollars.
Doge currently cannot be an independent coin because the price of Doge always has obstacles with the price of Bitcoin, if Bitcoin is green then the price of Doge only goes up a little but if Bitcoin is red or dumps then the price of Doge drops very deep, this is what I have noticed so far regarding the Doge coin.

It is surely not impossible that Dogecoin will increase again. You can see that Doge has increased again recently. But to reach a new ATH, it is no problem if you doubt it. I'm also not really optimistic to see a new ATH in Dogecoin. But I'm very sure that Dogecoin still can increase gain its price.

For the increase in the price of Doge coins, what price do you think the target will reach?
For me, reaching All Time High is still doubtful because the supply of Doge coins is very large.

Bitcoin is different with Dogecoin, I think we can compare between them. For Bitcoin, it is quite clear that Bitcoin may hit a new ATH again.

In the past few weeks I have also seen that Bitcoin has reached several all time highs, starting from 104,000 then going down and up again to 109,000 dollars. This increase in the price of Bitcoin greatly affects the price of the Doge coin itself.

[philipma1957]

doge is great right now even at 33 or 35 cents a coin.  it is great to mine it. I make bank with a single L7 miner from bitmain.

[erus]

~snip~
I make bank with a single L7 miner from bitmain.

Can you give a profit calculation from Mining Doge coins using a single L7 miner from bitmain?
For example:

How much is the price of 1 of this L7 Bitmain?
How much is the electricity cost per month?
How much is the Doge coin income per month?
How much is the maintenance cost for 1 of this L7 Bitmain?

[LogitechMouse]

~snip~
I make bank with a single L7 miner from bitmain.

Can you give a profit calculation from Mining Doge coins using a single L7 miner from bitmain?
For example:

How much is the price of 1 of this L7 Bitmain?
How much is the electricity cost per month?
How much is the Doge coin income per month?
How much is the maintenance cost for 1 of this L7 Bitmain?

Nahhh, F*ck the calculations. I'll just make research on which "cloud mining websites" are legit and I will invest into them. . Kidding aside, even though crypto mining isn't viable in our country because of the ridiculously high electric fees, I'm a bit curious if mining it on the latest miner currently would still be profitable.
Speaking of DOGE, it has been on a stable price range for the whole month. It just went around the $0.30 - $0.40 price range and has consistently been at the top 10. It's just a bit unfortunate especially for some DOGE holders that despite the bull market happening, it hasn't even come close to its previous ATH of near $0.70.

[philipma1957]

I purchased that L7 in  December 2023 for 4,000 usd.

I mined with some partners with it from dec 2023 until Aug 2024

prices were low for doge I earned about 4 usd a day. for 8 months that means I

got back 1000 usd . so down 3000 usd

But I now have it alone at a host.

 It makes about 19 usd a day the power costs  about 7 a day so I now clear 11 a day

for sept-jan or 11 x 150 = 1650 profit

thus 3000- 1650 = 1350 in the whole.  in 4 months it is paid off in full.

[debra]

For the increase in the price of Doge coins, what price do you think the target will reach?
For me, reaching All Time High is still doubtful because the supply of Doge coins is very large.

I target to see $0.65. But I think it will happen in altcoins season only. Or if there is big news about Doge.
I don't expect to see Doge reaching its ATH. I'm not so different with you in this case. But I still assume Doge will increase again its price in the next few weeks/months.

In the past few weeks I have also seen that Bitcoin has reached several all time highs, starting from 104,000 then going down and up again to 109,000 dollars. This increase in the price of Bitcoin greatly affects the price of the Doge coin itself.

Bitcoin always fluctuated. It dropped to $100k, but it may increase again above $105k in the next few days. I think it is normal, there is no something strange in Bitcoin price movement. Well, Doge doesn't always follow Bitcoin price. So, we don't expect Doge always follows the price increase of Bitcoin.

[erus]

~snip~
I make bank with a single L7 miner from bitmain.

Can you give a profit calculation from Mining Doge coins using a single L7 miner from bitmain?
For example:

How much is the price of 1 of this L7 Bitmain?
How much is the electricity cost per month?
How much is the Doge coin income per month?
How much is the maintenance cost for 1 of this L7 Bitmain?

Nahhh, F*ck the calculations. I'll just make research on which "cloud mining websites" are legit and I will invest into them. . Kidding aside, even though crypto mining isn't viable in our country because of the ridiculously high electric fees, I'm a bit curious if mining it on the latest miner currently would still be profitable.
~snip~

The answer that I often hear from various senior members, when these miners mine a crypto coin then they have a problem with very expensive electricity costs. I think it's not in my place if this electricity is expensive, it turns out that in your place the electricity costs are also very expensive to mine crypto.

I purchased that L7 in  December 2023 for 4,000 usd.

I mined with some partners with it from dec 2023 until Aug 2024

prices were low for doge I earned about 4 usd a day. for 8 months that means I

got back 1000 usd . so down 3000 usd

But I now have it alone at a host.

 It makes about 19 usd a day the power costs  about 7 a day so I now clear 11 a day

for sept-jan or 11 x 150 = 1650 profit

thus 3000- 1650 = 1350 in the whole.  in 4 months it is paid off in full.

Holys***t, the electricity bill is very expensive, 7 dollars every day is spent to mine Doge coins. This is beyond my expectations. But looking at the calculation of 19 dollars of income per day, it is still a profit of around 11-12 dollars and this is very large in my place of residence.

That means the calculation is that the capital of 4,000 dollars to buy this L7 Miner Bitmain can be paid off in about 4 months. The rest is you just relax and enjoy the profits from the ongoing Doge coin mining. Amazeeee !

For the increase in the price of Doge coins, what price do you think the target will reach?
For me, reaching All Time High is still doubtful because the supply of Doge coins is very large.

I target to see $0.65.
~snip~

Okay , i'll save this referrence from your statement.

[yohananaomi]

In the past few weeks I have also seen that Bitcoin has reached several all time highs, starting from 104,000 then going down and up again to 109,000 dollars. This increase in the price of Bitcoin greatly affects the price of the Doge coin itself.

Bitcoin always fluctuated. It dropped to $100k, but it may increase again above $105k in the next few days. I think it is normal, there is no something strange in Bitcoin price movement. Well, Doge doesn't always follow Bitcoin price. So, we don't expect Doge always follows the price increase of Bitcoin.

Since it rose to nearly $100K, Bitcoin has often made corrections to fall below it again, but it won't be long before it rises again and this continues to be done by Bitcoin and makes Doge and other altcoins unable to follow Bitcoin's movements.
So it's no wonder that Doge has not been able to reach its best value and this will likely wait until Bitcoin reaches its peak, then all altcoins can move, including Doge.

[Axcel777]

In the past few weeks I have also seen that Bitcoin has reached several all time highs, starting from 104,000 then going down and up again to 109,000 dollars. This increase in the price of Bitcoin greatly affects the price of the Doge coin itself.

Bitcoin always fluctuated. It dropped to $100k, but it may increase again above $105k in the next few days. I think it is normal, there is no something strange in Bitcoin price movement. Well, Doge doesn't always follow Bitcoin price. So, we don't expect Doge always follows the price increase of Bitcoin.

Since it rose to nearly $100K, Bitcoin has often made corrections to fall below it again, but it won't be long before it rises again and this continues to be done by Bitcoin and makes Doge and other altcoins unable to follow Bitcoin's movements.
So it's no wonder that Doge has not been able to reach its best value and this will likely wait until Bitcoin reaches its peak, then all altcoins can move, including Doge.

I can confirm that the sentiments which you have given in today’s episode are not wrong at all; altcoins particularly the Doge only rise when Bitcoin has already topped the chart. However, it does not mean that Doge can not make the first move in some circumstances. In my opinion, there are numerous elements that can push Doge past Bitcoin, one of which is its trading volume, support from the community, or sometimes by enormous speculation on the part of the buyers. By admiring the previous movements, sometimes even all do not copy the movements of Bitcoin, and some of them may rise first. Therefore, there might only be a possibility that Doge will increase only after Bitcoin reaches its high, there are previous scenarios that much smarter individuals can profit from.

[UnDying]

I can confirm that the sentiments which you have given in today’s episode are not wrong at all; altcoins particularly the Doge only rise when Bitcoin has already topped the chart. However, it does not mean that Doge can not make the first move in some circumstances. In my opinion, there are numerous elements that can push Doge past Bitcoin, one of which is its trading volume, support from the community, or sometimes by enormous speculation on the part of the buyers. By admiring the previous movements, sometimes even all do not copy the movements of Bitcoin, and some of them may rise first. Therefore, there might only be a possibility that Doge will increase only after Bitcoin reaches its high, there are previous scenarios that much smarter individuals can profit from.

I also positively concur with your suggestion that most altcoins such as Dogecoins are highly correlated with Bitcoin although they are capable of outperforming other coins from time to time. The high trading volume, supported by the community or frenzy due to strong expectation for further growth of Bitcoin’s price can make Doge rise before it happens in Bitcoin. Nonetheless, the previous market trends indicate that Bitcoin is dominant in the market while most other cryptocurrencies follow its movements. Nevertheless, the crypto market remains unpredictable, and the stock movements, if observed and used to the advantage of investors, do not have to be logical all the time.

[enwi]

I can confirm that the sentiments which you have given in today’s episode are not wrong at all; altcoins particularly the Doge only rise when Bitcoin has already topped the chart. However, it does not mean that Doge can not make the first move in some circumstances. In my opinion, there are numerous elements that can push Doge past Bitcoin, one of which is its trading volume, support from the community, or sometimes by enormous speculation on the part of the buyers. By admiring the previous movements, sometimes even all do not copy the movements of Bitcoin, and some of them may rise first. Therefore, there might only be a possibility that Doge will increase only after Bitcoin reaches its high, there are previous scenarios that much smarter individuals can profit from.

I also positively concur with your suggestion that most altcoins such as Dogecoins are highly correlated with Bitcoin although they are capable of outperforming other coins from time to time. The high trading volume, supported by the community or frenzy due to strong expectation for further growth of Bitcoin’s price can make Doge rise before it happens in Bitcoin. Nonetheless, the previous market trends indicate that Bitcoin is dominant in the market while most other cryptocurrencies follow its movements. Nevertheless, the crypto market remains unpredictable, and the stock movements, if observed and used to the advantage of investors, do not have to be logical all the time.

You are correct that not all things in the crypto market need to derive their existence and function in a traditional market framework. But that is where it is unique, Tests can be designed and commissioned with the element of innovation in mind to truly their potential to add value to the company. This means that some assets such as Dogecoin can experience increases originating from social factors or tweets, public personalities or flow of news, while Bitcoin has rather large fluctuations and is overall more consistent. In my suggestion I think it has its potential to grow but that does not necessarily give it the leverage over the other in the long run. I believe that one should remain relaxed when encountering such scenarios as it can be understood that when the market is active, the decision makers do not feel pressured and therefore they are most likely to provide the most accurate information. The nature of altcoins and coins is that they are volatile and therefore you can make great profits out of this volatility but always use your own judgement and not follow the heard.

[Azharul]

In the past few weeks I have also seen that Bitcoin has reached several all time highs, starting from 104,000 then going down and up again to 109,000 dollars. This increase in the price of Bitcoin greatly affects the price of the Doge coin itself.

Bitcoin always fluctuated. It dropped to $100k, but it may increase again above $105k in the next few days. I think it is normal, there is no something strange in Bitcoin price movement. Well, Doge doesn't always follow Bitcoin price. So, we don't expect Doge always follows the price increase of Bitcoin.

Since it rose to nearly $100K, Bitcoin has often made corrections to fall below it again, but it won't be long before it rises again and this continues to be done by Bitcoin and makes Doge and other altcoins unable to follow Bitcoin's movements.
So it's no wonder that Doge has not been able to reach its best value and this will likely wait until Bitcoin reaches its peak, then all altcoins can move, including Doge.

Actually, your opinion is very appropriate in this time. We obviously believe that doge coin is also a profitable crypto in cryptocurrency market. I think that gradually doge coin price increase in cryptocurrency market. Because we know that bitcoin price is increasing gradually before few days ago. We know that bitcoin price remain few days ago $82k in cryptocurrency market. But right now bitcoin price reach $94k up in cryptocurrency market. So we also saw that doge coin price remain few days ago $0.17, but if we follow in this time doge price is increasing $0.18. So i believe that if bitcoin price reach best position, then gradually doge coin price also increase gradually in cryptocurrency market.

[UNIVERSE]

Since it rose to nearly $100K, Bitcoin has often made corrections to fall below it again, but it won't be long before it rises again and this continues to be done by Bitcoin and makes Doge and other altcoins unable to follow Bitcoin's movements.
So it's no wonder that Doge has not been able to reach its best value and this will likely wait until Bitcoin reaches its peak, then all altcoins can move, including Doge.

Bitcoin is almost reaching $100k again. It is a positive sign for all altcoins, including for Dogecoin. I see that Doge coin price is increasing quite high recently. If there is no big correction again in Bitcoin price, I think Dogecoin price can be above $0.3 again. Doge coin may not reach the best price but I hope it can be around $0.5 at least. There is still a chance for that price if we always have good news. I think $0.5 can be achieved in the altcoins season.