Dogecoin chart year labels
To be honest I see it Dogecoin becoming a popular tipping coin on various news sites and forums. Worth enough to hold some value but not worth enough to horde. I am buying Dogecoin. From a bitcoin user: A little while ago I made a post on BitCoin that got a lot of attention…some good and some bad…but mostly good thankfully! I do not like to post on reddit very much I prefer to read…less stressful , but this is such a nice community I thought I would say Hi and let you know why I think DogeCoin is very special and just give you some words of encouragement to keep it up!
I have known about DogeCoin for about a week now. I will be honest, at first I thought it was a joke, and not the good kind. A currency based on a cute dog? I love dogs too, but it simply did not fit my notion of what a currency should be. Currencies are serious, right? Maybe this is true, but then I remembered something more fundamental about any kind of exchange, and that is that they are based on the trust and good will of people, and in this regard DogeCoin has no match.
There is a real feeling of community here; a care for others, and to top it all off, a good sense of humor and humility. Though I do love Bitcoin, my impression is that the community has grown very cynical. Some of this is with good reason, but I think it gives the wrong impression to outsiders. People who have a lot of money, people who are well-connected.
In other words, the elite. On the other hand, DogeCoin is very inviting. Coins are cheap and plentiful. They are easy to mine or dig: The community is lighthearted and welcoming. Whatever may happen with DogeCoin, if the price goes up, goes down, or stays right where it is, the most important thing is that people keep their good nature, and let that cute dog remind them of that everytime they spend or share their coins.
Seems a bit ridiculous and counterproductive. Doge is a coin for everybody. It is easy to mine and get some coins. It has some charm. Not everybody may like it, but you have to agree that it has more appeal than the usual coins and that it does stand out.
Look at Lady Gaga before you say otherwise. People love this coin. And they trust this coin. And they use this coin. That is ALL that matters. As long as coins exist it will certainly always have some value. Putting all your savings in it is certainly not worse then putting it in other coins — although also not better.
I use it to tip people and pay charities who accept doge. I mined most coins, but the one that feels home and good and where I finally got stuck was Doge. The fundamentals are weak. This fad will pass like any other. So, with the new trend after the last update on this site.. People make money mining and trading Dogecoin. It serves a purpose, it serves a means of exchange.
It can be exchanged for goods and services, it can be donated, tipped etc. Dogecoin has introduced new blood into the scene that livens and promotes the use of cryptocurrencies. Dogecoin is good for the exposure of cryptocurrencies and education about them. So dogecoin is a good stepping stone for noobs to finally reach the almighty BTC? While there is offer and demand, it will be traded. While it is being traded, it will be alive. Any chance we could get an update on this article? This post is ridiculous, at this rate Doge has taken flight and is setting sail to the moon.
There is no slowing this down, as it ranks number 5 as of today on crypto-currency — along with 61m usd market cap. And now that Doge is being seen as a threat towards other currencies it has opened the door for buyers that are willing to use USD instead of BTC. I was part of BTC in its infancy and post like this were a dime a dozen, when the price shot upwards toward 1k you never heard a word from them.
You will see doge in the coming months go explosive in a lot of ways that BTC did. I think that most altcoins will eventually rise following Bitcoins rise. Its just my opinion, as long as the long-term support is there, doge, or simular coins with eventually rise. We want bitcoin to do well along side the other baby coins.
Maybe they have free electricity, and are gamers, they do a bit more research and discover scrypt mining. Some will mine with their gamer video cards, some will want to invest in the coin because they see long-term potential, or short-term volitile trades, and some will buy things with the coin because they are under age, making it difficult for them to buy things without mommy or daddy knowing online.
I see a world where websites and shops alike all around the world take several cryptocurrencies. Like stores taking different credit cards. Bitcoin will probably be on top for years to come, who really knows where this is heading?
Swagcoin on the other hand, Im just going on the bet that humans will always want. It is human to want to improve, be noticed, feel whole. Sad truth, but can be capitalized on.
What nerdy white computer nerd doesnt want Swag when they dont get to feel they can have any swag at all? I mean, I only hear really ghetto people say swag, I peronally never do. Maybe I am overly optimistic, but I am holding onto all of my coins for at least a year. The truth is, nobody knows for sure where all of this is heading in price.
Survival wise, it would be difficult to stop the market production of each coin of these cryptocoins as long as the community is large enough, and the devs put their money where their mouth is. But so far it has progressed really well. But even as a new comer to crypto currency you could see how dogecoin easily attracts new users. Yes it may have started out as a joke and hard to take seriously, but these are the things that I feel the has potential in exposing and generating interest of these coins which could drive it as they say, to the moon.
I think if there was one single thing I learned above all others in becoming Valedictorian of my Grad School cohort at a Top 5 Engineering School in thw World…. OP clearly cannot fight his way out of a paper bag with respect to his. This coin has zero appeal to anyone over the age of Difficulty of bitcoin mining necessitates finding other coins to mine and use in the ecosystem. So there is room for multiple coins that do very well. Over the longer term, well that remains to be seen. But I think the intermediate term is also rather clear.
How the intermediate terms blends into the long term is where questions arise. You think the LT prospects are bunk. I mean, in the Long Run, the Universe will eventually contract and trend towards nothingness.
In the Long Run, the US will cease to exist. In the Long Run, we are all dead. Of course the LR value of Doge trends toward zero. Brilliant fucking prediction dude. You got a PhD from Harvard or something? So, basically, your one and only prediction is meaningless.
And you are basing all kinds of ranting, raving, condescenscion, and the like off of a meaningless prediction. That makes you a clueless dolt, akin to the old crotchety neighbor screaming about kids in the neighborhood stepping on your grass when playing Ghost in the Graveyard, Jailbreak, or TV Tag.
Higher difficulty makes the network more secure. A strong and secure network leads to increased growth and market cap. There is room in the system for multiple cryptocurrencies, but not for one that is as generic a clone as dogecoin is. It has novelty, but not lasting power.
Soon, you will go the way of other failed memes, like grumpycat for instance. That is an inevitability. Out of curiosity what would have to transpire for you to admit that you predictions for doge were false? If doge were to have a marketcap larger than X after time Y? If doge were to have more transactions than any other coin or more transaction amount that any other coin? You also need to update your PHP… To the mooooon.. Cheating The System — Auroracoin Edition. Cougar December 21, Dmitri December 25, SmegHead January 22, RichardJ February 19, Justin December 21, Hazard December 21, James January 21, DogeCoin4Ever December 21, Jimbo December 24, Dogge December 26, A shibe February 17, Tevasu December 23, Zilvinas December 21, Bobby Heisenberg December 21, Brian December 22, Jonny February 5, The goal was to create cryptocurrencies as valuable, or at least as lucrative, in the short-run, as Bitcoin.
If the forkable, derivative-by-design nature of cryptocurrencies explains the breadth of the ecosystem, what explains the growth in value? Part of it is surely market speculation, and another part of it is that cryptocurrencies and other blockchain-based assets do have real-world applications today. But another part comes from cryptocurrency entrepreneurs wising up to the fact that their little upstart protocols, in order to be valuable, needed to have an ecosystem built around them.
That, of course, takes time and money. There are two ways of approaching this. Once their new cryptocurrency hit an exchange, and thus had a price, this private stash of coins would then have value, enough to sell for Bitcoin or fiat, which could then sustain a project until the ecosystem of wallets and services around their cryptocurrency became self-sustaining and community-driven.
Today, though, the fundraising mechanism of choice appears to be the initial coin offering. As Alex Wilhelm explained in an article for TechCrunch:. Although the mechanics of ICOs have been in practice for several years, the name and label for initial coin offering events has only gained some currency recently. And the ICO market has really hit a hockey-stick growth trajectory. Back then, early speculators in Bitcoin, flush with newfound crypto-fortune, plunged their money back into emerging cryptocurrencies.
This was done partially for fun see Dogecoin and other novelties but also to chase the same kind of returns they enjoyed from Bitcoin investments. For now, that bull run has continued unabated. What explains the price increase? Bitcoin is a relatively bare-bones blockchain system that requires layers of protocols to be built on top of it to make it a usable platform for utilities like smart contracts. Platforms like Counterparty and Omni are both built on the Bitcoin blockchain and have sprouted their own collection of digital assets and services that ride on top of them.
Ethereum, on the other hand, was launched with its own scripting language baked in, making it possible to build complex smart contracts, decentralized autonomous organizations DAOs , decentralized autonomous apps DApps and even other cryptocurrencies with relative ease. This ease of development, combined with the rising price of Ether and a desire by early stakeholders to re-invest in the Ethereum ecosystem, has made Ethereum the platform of choice for crypto-asset entrepreneurs — at least for now.