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Thoughts on the Dogecoin run?

Discussion in 'CryptoCurrency' started by bartosimpsonio, Sep 13, 2014.

  1. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    Over 100% in the past few days. +20% just today.

    I'm still hanging on to some DOGE I bought earlier this year, but it won't make me rich.

    What are your thoughts on DOGE?
     
  2. atticanibal

    atticanibal Senior Member

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    Neeh, Don't think it's gonna come back, fad's over :p
     
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  3. Izzma

    Izzma Regular Member

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    I really don't think it will be taken seriously as a crytocurrency. Just another fad but who knows... It seems the stupidest idea's / products make it huge sometimes.

    Currently holding ~100 DOGE but definitely not holding my breath.
     
  4. DarkPixel

    DarkPixel Jr. VIP Jr. VIP Premium Member

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    Doge has a great community, but it will never reach the value of Bitcoin. It's just for fun and giggles unfortunately.
     
  5. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    Needs to go 1000% just to get my money back, so no, I am not impressed with 100% :)
     
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  6. tjapado

    tjapado Junior Member

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    the owner of the dogforum thinks the price will rice atleast x10 when all the doges are mined. Thats probaly in a couple of months
     
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  7. mediab

    mediab Junior Member

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    Keep your eyes open and on the DOGE everybody ;\
     
  8. Jared255

    Jared255 Jr. Executive VIP Jr. VIP Premium Member

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    The owner of a related forum thinks the value will go up? You don't say...
     
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  9. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    Same here.

    The reason I like the current run is it's detached from BTC prices. BTC is actually down, and DOGE went up on its own, which seems like good news to me. It gained value in Satoshi, not just in USD.
     
  10. sysco32

    sysco32 Jr. VIP Jr. VIP Premium Member

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    I dunno much about dogecoin.My bet is reddcoin,so far it is implemented in twitter and Reddit as tipping currency.Soon will be put into Fb as well.I think anything that will be related to social media,will be a boom.
     
  11. Pejlis

    Pejlis Regular Member

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    doge coin is not worth it ,because the founder can print many many dogecoins to circulation ,not like bitcoin were it is limited number
     
  12. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    How so? Far as I know they end the big mining this year and then allow a tiny amount to be created.
     
  13. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    DOGE is now up 37% with a U$ 4 million trade volume. If you had bought last week you'd have quadrupled your money. Something's up.
     
  14. Techxan

    Techxan Elite Member

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    Its practically at an all time low.

    Code:
    http://coinmarketcap.com/currencies/dogecoin/
     
  15. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    Yeah, it went up early this year then it's been down since. My question is: is this a recovery or a pump-n-dump...
     
  16. myinternetempire

    myinternetempire Jr. VIP Jr. VIP

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    At the starting Dogecoin was promising. A lots of trader thought that the price of Dogecoin coin will rise but it didn't happened.
    Now the price of Dogecoin is continuously falling.
     
  17. sergejivanov

    sergejivanov Newbie

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    I stay far away from Dogecoins, made a bit of money on Bitcoins some years ago and at the beginning of this year with Litecoins. But at the end I burned my fingers a bit with all those coins...so definitely no more coins for me :D
     
  18. ColonelSoldier

    ColonelSoldier Junior Member

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    Lite coins got fucked, so did a million other users using Mt Gox when it got fucked too... The whole market is so shady, how to get coins, what they're used for, and how to cash out...
     
  19. chrlie

    chrlie BANNED BANNED

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    My livelihood, well being and success will be Dogecoin's success... so if you have faith in me, you have faith in Dogecoin

    If you haven't already figured that out then you might not have a brain...

    Also it is at a nice medium high from the earlier week's peak at 91 which it is now at 72 against the BTC

    You might want to wait for a while to watch for price action drops and then get in at another optimal time around 50-65 and then wait for it to characteristically go back up again since I have now achieved great stability... Once I start making money and progressing, it is going to go up without any doubt with complete stability... Easy returns from the observation, tbh... Anybody who got in around 22 and sold around 91 would have easily gained a little over 400% in ROI... So if you invested $10,000 with Cryptsy, you would've already made a little over $40,000.... I would probably advise a nice long hold though if you really want to have the potential to make a serious amount of money with Dogecoin though... It can easily turn from a non-serious Crypto into a serious investment vehicle
     
  20. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    U$ 2.5 million volume in the past 24 hours. 13% gain. Something's up.

    Joining the Litecoin chain was a great decision by the devs IMO.

    Now Lite has a 146 million dollar market cap at this time. Doge has 34 million. Together it's a U$ 180 million dollar market cap. If these two altcoins average up in value, each might end up worth around 100 million dollars market cap, which would value DOGE at around U$ 0.012 - a 400% up potential.

    It's no secret I hold some Dogecoins so no disclaimer needed here I guess.