Money Talk

What's the deal with Dogecoin?

Submitted by hammersmith, , Thread ID: 196248

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RE: What's the deal with Dogecoin?

Watch0001116
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04-03-2021, 12:51 PM
#11
Hype thanks to Elon Musk, not much else to tell there.

RE: What's the deal with Dogecoin?

KingCrimson1
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09-03-2021, 07:47 AM
#12
Meme bitcoin, who knows what the dodge is

RE: What's the deal with Dogecoin?

SX1312
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09-03-2021, 10:33 PM
#13
It doesn't have a use case except being the first crypto created as a joke, if that counts? Maybe not since it's not supreme in any way.

As BTC, store of value? Lol Wink

RE: What's the deal with Dogecoin?

supply chain
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10-03-2021, 11:25 PM
#14
It's a bit different from BTC and many other crypto currencies because of it's supply is constantly inflating. The Doge supply inflates by up to 5 billion per year. That's not a huge amount considering there are already around 128 billion in circulation, but it still means that the supply is ever-growing, while Bitcoin has a hard limit on how many BTC can ever exist (and we've almost hit that limit).

RE: What's the deal with Dogecoin?

cxp3
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11-03-2021, 05:17 PM
#15
It's all a bubble that will burst. Bitcoin is the way to go

RE: What's the deal with Dogecoin?

octana
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14-03-2021, 01:49 PM
#16
Elon Musk is the biggest leader of the dogecoin and cause of him and his tweets about dogecoin , This cryptoCurrency has the highest pumping in price I think this crypto has a good future in price cause it's unlimited and can be mine easily!

RE: What's the deal with Dogecoin?

manawraith
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15-03-2021, 05:34 PM
#17
It's really a meme, well, crypto in general is kind of a meme rn but doge more so.

RE: What's the deal with Dogecoin?

lcunningham
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17-03-2021, 03:44 PM
#18
It's a complete meme, don't listen to people like Elon Musk that are shilling it. I think he is doing that because he wants to support Crypto without taking a serious public position behind it for alternative/political reasons.

RE: What's the deal with Dogecoin?

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20-03-2021, 07:19 AM
#19
Short answer for those looking to this thread for a "should I buy it" answer: don't buy it. It was made as a joke, and people were buying it up in order to increase the value non-organically. But it's not a great coin (it doesn't have a lot of great features) and it really doesn't have any value beyond the joke itself.

RE: What's the deal with Dogecoin?

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27-03-2021, 06:31 PM
#20
Dogecoin became popular after Elon Musk's tweet, but at least for now I don't see much potential in it.

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